Allied Bank Ltd. Demonstrates Consistent Market Performance

Karachi, Allied Bank Ltd. NC (ABL) showcased a steady performance in the Pakistan Stock Exchange with today’s rate at Rs. 88.49 and a daily weighted average rate of Rs. 86.57. The bank, with a substantial paid-up capital of Rs. 11,450.74 million, declared an 80%(III) dividend for 2023, consistent with its previous years’ distributions. Since its listing in 2005, ABL achieved a high rate of Rs. 86.5 and a low rate of Rs. 61.03 this year. The total shares turnover was 9,688,000, and the EPS for January to November 2023 stood at Rs. 15.12.