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Lahore, MCB Bank Ltd. (MCB) reported notable financial results with an EPS of 171.25 PKR for the first quarter of 2024. The bank’s stock traded between 216.20 PKR and 212.37 PKR, reflecting the high and low rates respectively, on a substantial paid-up capital of 11,850.60 million PKR. MCB’s strategic financial direction is evident through its increased distribution rates from 200% in 2022 to 300% in 2023, reinforcing its strong market position.
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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance
Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...
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