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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Police Constable Martyred, FC Official Injured in Poonch Firing

Islamabad: In Azad Kashmir, a police constable embraced martyrdom, while another official of the Federal Constabulary sustained injuries after armed militants of the banned Awami Action Committee opened fire in Poonch. The security forces came under f...