Pak Elektron Ltd Maintains Market Presence Amid No Distribution

Karachi, Pak Elektron Ltd (PAEL) held a steady position in the market with a closing rate of Rs. 23.52 per share. The company, boasting a significant paid-up capital of Rs. 8,560.12 million, did not announce any distribution for the year ending December 2023. PAEL’s shares saw a high of Rs. 26.6 and a daily average rate of Rs. 23.58.

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Pakistan Issues $3 Billion Dual-Tranche Eurobond

Islamabad: Pakistan has issued a three-billion-dollar dual tranche Eurobond. The positive development was shared by Finance Minister Muhammad Aurangzeb while speaking at the High-Level International Dialogue on Taxation for Fiscal Sustainability in Pa...