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Arctic Textile Mills Maintains Steady Rates with No Dividend Announcement

Karachi: Arctic Textile Mills (ARCTM) concluded trading at Rs. 16.35, closely aligned with its daily weighted average of Rs. 16.31. Despite having a paid-up capital of Rs. 131.75 million, there were no dividends declared for the current year. The stock reached a high of Rs. 19 and a low of Rs. 8.3, with earnings per share at Rs. 2.52. The company’s shares, with a par value of Rs. 10, are sold in lots of 500. Arctic Textile Mills, which has been listed since 1989, noted its previous book closure on 21/10.

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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...