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Mutual Funds

Negative trend witnessed
Mutual Funds

Negative trend witnessed

Last week saw Karachi stocks depicting a negative trend with benchmark KSE-100 index shedding 0.2 percent to close at 35,741.52 points. The daily trading turnover also remained southward and ended the week on average at 403 million shares, down by a massi
Published 03 Aug, 2015 12:00am
Negative trend witnessed
Mutual Funds

Negative trend witnessed

Last week saw Karachi stocks depicting a negative trend with benchmark KSE-100 index shedding 0.2 percent to close at 35,741.52 points. The daily trading turnover also remained southward and ended the week on average at 403 million shares, down by a massi
Published 03 Aug, 2015 12:00am
Negative trend witnessed
Mutual Funds

Negative trend witnessed

Last week saw Karachi stocks depicting a negative trend with benchmark KSE-100 index shedding 0.2 percent to close at 35,741.52 points. The daily trading turnover also remained southward and ended the week on average at 403 million shares, down by a massi
Published 03 Aug, 2015 12:00am
SECP caps sales load on mutual funds at three percent
Mutual Funds

SECP caps sales load on mutual funds at three percent

The Securities and Exchange Commission of Pakistan (SECP), through circular No. 26 of 2015, has reduced existing maximum level of sales load, from five percent to up to three percent, that asset management companies (AMCs) are authorised to charge on sale
Published 01 Aug, 2015 12:00am
SECP caps sales load on mutual funds at three percent
Mutual Funds

SECP caps sales load on mutual funds at three percent

The Securities and Exchange Commission of Pakistan (SECP), through circular No. 26 of 2015, has reduced existing maximum level of sales load, from five percent to up to three percent, that asset management companies (AMCs) are authorised to charge on sale
Published 01 Aug, 2015 12:00am
SECP caps sales load on mutual funds at three percent
Mutual Funds

SECP caps sales load on mutual funds at three percent

The Securities and Exchange Commission of Pakistan (SECP), through circular No. 26 of 2015, has reduced existing maximum level of sales load, from five percent to up to three percent, that asset management companies (AMCs) are authorised to charge on sale
Published 01 Aug, 2015 12:00am
SECP caps sales load on mutual funds at three percent
Mutual Funds

SECP caps sales load on mutual funds at three percent

The Securities and Exchange Commission of Pakistan (SECP), through circular No. 26 of 2015, has reduced existing maximum level of sales load, from five percent to up to three percent, that asset management companies (AMCs) are authorised to charge on sale
Published 01 Aug, 2015 12:00am
FBR clarifies tax rates
Mutual Funds

FBR clarifies tax rates

There has been no change in tax charged under Section 5 and withholding tax under Section 150 of the Income Tax Ordinance and both tax rates still remain at 7.5 percent in cases of dividends declared or distributed by purchaser of a power project privatis
Published 27 Jul, 2015 12:00am
Equities remain range-bound
Mutual Funds

Equities remain range-bound

Karachi bourse appeared record-breaking during the short week post-Eid-ul-Fitr with equity investors positively eyeing gains from strong corporate announcements in selected scrips. KSE-100 index, however, ended the week in red shedding 0.3 percent Week-on
Published 27 Jul, 2015 12:00am
Equities remain range-bound
Mutual Funds

Equities remain range-bound

Karachi bourse appeared record-breaking during the short week post-Eid-ul-Fitr with equity investors positively eyeing gains from strong corporate announcements in selected scrips. KSE-100 index, however, ended the week in red shedding 0.3 percent Week-on
Published 27 Jul, 2015 12:00am
Equities remain range-bound
Mutual Funds

Equities remain range-bound

Karachi bourse appeared record-breaking during the short week post-Eid-ul-Fitr with equity investors positively eyeing gains from strong corporate announcements in selected scrips. KSE-100 index, however, ended the week in red shedding 0.3 percent Week-on
Published 27 Jul, 2015 12:00am