Pace (Pakistan) Limited Observes Negligible Rate Variation

Karachi, Pace (Pakistan) Limited (PACE) closed its trading day at a rate of Rs. 1.94, barely deviating from its daily weighted average rate of Rs. 1.95. The company, with a paid-up capital of Rs. 2,788.77 million, marks its year-end in June. There were no distributions announced for the years 2021, 2022, or 2023. The shares have a par value of Rs. 10 and are available in market lots of 500. PACE had its previous book closure on October 21 and has been listed on PSE since 2007. The company’s shares traded between Rs. 1.56 and Rs. 1.94, recording a turnover of 96,714,500 shares for the day.

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