KUALA LUMPUR: Amanah Saham Nasional Bhd (ASNB), a wholly-owned subsidiary of state investment firm Permodalan Nasional Bhd (PNB), has announced a total income distribution payout of RM2bil for the financial year ending March 31, 2024, for Amanah Saham Bumiputera 2 (ASB2) and Amanah Saham Malaysia (ASM).
KUALA LUMPUR: Amanah Saham Bumiputera (ASB) has recorded a strong performance, resulting from asset allocation and diversification strategies, said Permodalan Nasional Bhd (PNB).
The Nifty Bank gained 338 points to close at 47,124, while on the weekly front, the index rose 0.5%. The Nifty50 gained more than 200 points to close at 22,326 on Thursday. SBI, Bank of Baroda, PNB, and ICICI Bank were among the top gainers, while some selling was seen in IDFC First Bank, Axis Bank, and Bandhan Bank.
KUALA LUMPUR: Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has declared a total income distribution of 5.25 sen a unit for its flagship fund, Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2023.
Kotak Mahindra Bank, Axis Bank, and HDFC Bank rose over 1% each while Bank of Baroda, PNB, SBI, and Bandhan Bank saw selling pressure. Bouncing back, Nifty Bank rose 185 points to close at 46,785