HBL Growth Fund Reports Steady Performance in 2023

Karachi, The HBL Growth Fund (HGFA), a close-end mutual fund, has maintained a stable performance in the financial year ending June 2023. The fund's today's rate stood at PKR 8.00, with a daily weighted average rate slightly higher at PKR 8.02. HGFA, listed in the Pakistan Stock Exchange with a paid-up capital of PKR 2,835 million, reported earnings per share (EPS) of PKR 9.69 for the year Jan-Dec 2023. The previous book closure was noted on June 7th, with a market lot of 10 shares. The fund also recorded a high turnover rate of 16,092,500 shares.