Faisal Spinning Mills Ltd Showcases Strong Market Presence

Karachi, Faisal Spinning Mills Ltd. (FASM) demonstrated a strong presence in the Textile Composite sector, closing at Rs. 371.00 on the Pakistan Stock Exchange as of 18 Dec 2023. The company, with a paid-up capital of Rs. 100.00 million, maintained an average rate of Rs. 380.33. FASM declared a 214.50% distribution for both 2021 and 2022, and 115% for 2023. The stock reached a high of Rs. 433.36 and a low of Rs. 320, with a turnover of 177,800 shares. Listed since 1992, FASM reported an EPS of Rs. 235.93 for the year 2023.

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PM and Defence Production Minister Discuss Makkah Joint Defence Agreement

Islamabad: Minister for Defence Production Muhammad Raza Hayat Harraj called on Prime Minister Muhammad Shehbaz Sharif in Islamabad. The meeting focused on discussions of mutual interest between the two leaders. According to Radio Pakistan, the Mini...