Pakistan Cables Ltd. Achieves Notable Success with High Dividend Payouts

Karachi, Pakistan Cables Ltd. (PCAL), a leading firm in the Cable and Electrical Goods sector, recorded a trading rate of Rs. 126.09 and a daily weighted average rate of Rs. 125.84. The company demonstrated exceptional financial health with a paid-up capital of Rs. 495.07 million and impressive dividend distributions of 90% for 2022 and 15%B for 2023. The stock peaked at Rs. 141.79, highlighting its strong market performance. The market lot was maintained at Rs. 10, with the most recent book closure on 20/09.

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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...