Lahore Stock Exchange Limited (LSEL) approved the application for formal listing and quotation of the Units of First Habib Islamic Balanced Fund (UFHIBF). The fund will be quoted under "Open End Fund" sector of the Ready Board Quotation of the Exchange with effect from today (Friday) after the listed funds at LSEL will be 60.

The Managing Director and Chef Executive officer of the Lahore Stock Exchange Aftab Ahmed Chaudhry congratulated the investors and management of the fund and informed the investors that after the listing of this fund at LSEL a new product in open end fund will be available for investment.

Copyright Business Recorder, 2012