Tri-Star Mutual Fund Reports Stable Earnings Without Distribution

Karachi, Tri-Star Mutual Fund NC, listed under the symbol TSMF on the Pakistan Stock Exchange, reported a closing rate of Rs. 5.25 with a daily weighted average rate of Rs. 4.96. The fund, with a smaller paid-up capital of Rs. 50 million, did not declare any distribution for its shareholders. It has been listed since 1994 and trades with a standard market lot of 500 shares. The earnings per share for the fund were reported at Rs. 4.00 for the current quarter.