HBL Investment Fund Records Modest Gains in 2023

Karachi, (PPI Bot): The HBL Investment Fund - (A) NC, known as HIFA, showed a closing daily weighted average rate of Rs. 3.45. The fund's paid-up capital stands at Rs. 2,841.25 million, with a distribution rate of 4% for 2023. HIFA, with a market lot of 500 shares, reported a previous book closure on June 6th or 7th. Since its 2004 listing, the fund has experienced growth, evidenced by an EPS of Rs. 0.86 for Jan-Oct 2023, compared to Rs. 0.71 in 2021 and Rs. 3.42 in 2022. HIFA's turnover reached 64,023,000, with a high rate of Rs. 3.41 and a low rate of Rs. 3.45.