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Fazal Cloth Mills Ltd. Demonstrates Consistent Performance in Stock Market

Karachi, Fazal Cloth Mills Ltd., trading as FZCM, showed a closing rate of Rs. 193.23, with a daily weighted average rate of Rs. 195.33. The company’s paid-up capital stands at Rs. 300 million. Distributions were 300% in 2021, 100% in 2022, and no distribution in 2023. The par value is Rs. 10, with a market lot of 100. FZCM’s previous book closure was on October 21, 1970. The high and low rates for the period were Rs. 209.8 and Rs. 118.01, respectively, with a turnover of 126,100. The EPS for January to November 2023 was Rs. 181.06.

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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...