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Pakistan Aluminium Beverage Cans Ltd Delivers Strong Dividend Payout

Karachi: Pakistan Aluminium Beverage Cans Ltd, listed as PABC, closed at Rs. 61.83, with a daily weighted average rate of Rs. 61.08. The company boasts a significant paid-up capital of Rs. 3,611.08 million. It announced a 15% dividend for 2021 and a substantial 35% interim dividend for 2023, with no distribution for 2022. The company has been listed since 2021 and trades with a market lot of 1 share. PABC’s stock reached a high of Rs. 61.25 and a low of Rs. 35.51 this year, with a trading volume of 102,369,316 shares, indicating strong market activity.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...