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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.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...