ABL expands its money market offerings with two new PSX-listed funds

By MG News | June 04, 2024 at 12:13 PM GMT+05:00

0:00

June 04, 2024 (MLN): Pakistan Stock Exchange Limited (PSX) has approved the formal listing and quotation of the units of ABL Money Market Fund and ABL Islamic Money Market Fund effective from Wednesday, June 05, 2024.

PSX announced the listing of these Open-End Mutual Funds today.

Money market funds are intended to offer investors high liquidity with a very low level of risk.

Being one of the largest banks in Pakistan, Allied Bank Limited (ABL) facilitates tens and thousands of clients every day for their various transactional needs, the bank says.

The bank's money market team is an active player in the Government Securities market.

Copyright Mettis Link News

Related News

PSX Closing Bell: Inch by Inch to Glory

Court Clips TRG Wings

PACRA to list on PSX’s GEM board via offer for sale

Name	Price/Vol	%Chg/NChg
KSE100	120,023.24 136.80M	0.02% 20.65
ALLSHR	74,956.95 415.25M	0.09% 64.82
KSE30	36,533.23 44.37M	0.25% 91.50
KMI30	177,648.07 53.46M	0.48% 854.02
KMIALLSHR	51,412.96 224.87M	0.22% 113.15
BKTi	30,161.85 6.28M	0.10% 29.54
OGTi	27,008.50 5.66M	0.59% 157.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	103,730.00	106,725.00 102,425.00	-235.00 -0.23%
BRENT CRUDE	77.32	77.67 75.51	-1.53 -1.94%
RICHARDS BAY COAL MONTHLY	88.00	0.00 0.00	-3.70 -4.03%
ROTTERDAM COAL MONTHLY	103.85	0.00 0.00	0.35 0.34%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	74.04	75.74 72.32	0.54 0.73%
SUGAR #11 WORLD	16.53	16.73 16.44	0.22 1.35%