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Globe Residency REIT Posts Solid Earnings

Karachi, Globe Residency REIT (GRR) showcased solid financial performance with a closing rate of Rs. 13.49, closely aligned with its daily weighted average rate of Rs. 13.48. The trust, with a paid-up capital of Rs. 1,400.00 million and listed in 2022, declared a 30% dividend, indicating strong returns for its investors. GRR’s January 2024 EPS stood at Rs. 1.94, with a turnover of 156,000 shares, demonstrating its market resilience and profitability.

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Pakistan Condemns Demolition of Century-Old Mosque in Saharanpur

Islamabad: Pakistan has strongly condemned the demolition of the century-old mosque in Saharanpur, India. Responding to media queries regarding reports of this incident, Foreign Office Spokesperson Sajjad Haider Khan stated that this action against a...