HBL Growth Fund Marks Steady Performance in 2024

Business & Finance

Karachi, HBL Growth Fund (Symbol: HGFA), a close-end mutual fund, reported a stable rate of Rs. 7.05 today, consistent with its daily weighted average. With a paid-up capital of Rs. 2,835 million as of June, the fund has announced a 12% distribution for the year. According to information available from the Pakistan Stock Exchange (PSX), the fund's earnings per share (EPS) for January to April 2024 was Rs. 9.45, showing robust performance. The fund reached a high rate of Rs. 6.01 and a low of Rs. 3.78 million in turnover, reflecting its active presence in the market since its listing in 1980.