Nishat (Chunian) Ltd. Announces Substantial Dividend

Karachi, Nishat (Chunian) Ltd. NC (NCL) reported a closing rate of Rs. 29.70, with a daily average rate closely matching at Rs. 29.74. The company, with a significant paid-up capital of Rs. 2,401.19 million, declared a 50% dividend, with a previous year distribution of 70%. Since its listing in 1991, NCL’s stock price hit a yearly high of Rs. 30.7 and a low of Rs. 19.5. The company experienced a turnover of 93,119,699 shares, leading to an EPS of 23.32.

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Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...