Merit Packaging Ltd. Faces Market Challenges with No Dividend Distribution

Karachi, Merit Packaging Ltd. (MERIT) reported a today’s rate of Rs. 12.21 and a daily weighted average rate of Rs. 12.36. According to information available from the Pakistan Stock Exchange (PSX), the company holds a paid-up capital of Rs. 1,999.58 million. Despite no dividend distributions in recent years, the stock’s high was Rs. 13.95 and low Rs. 9.9, with a turnover of 14,606,500 shares, resulting in a negative EPS of Rs. -0.68. Listed since 1985, Merit Packaging continues to trade with a market lot of 10 shares.

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Pakistan State Oil Reports Loss of Over 650 Shares

Karachi: Pakistan State Oil Company Limited (PSO) has reported the loss of share certificates totaling 657 shares, belonging to the deceased shareholder Mohammad Sharif Akhtar. This notification was made to the Pakistan Stock Exchange (PSX) as part of...

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