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Pakistan Cables Ltd Announces Reduced Bonus Issue

Karachi: Pakistan Cables Ltd., represented by the ticker PCAL, ended the trading session with a closing rate of PKR 105.76 and a daily weighted average rate of PKR 107.53. The company, with a paid-up capital of PKR 495.07 million, announced a 20% bonus for the year, marking a decrease from the 80% and 90% plus 15% bonus dividends of the past years. The share trading, with a par value of PKR 10, experienced a turnover of 3,754,400, peaking at PKR 81. Pakistan Cables, a member of the stock exchange since 1955, had its previous book closure on September 20.

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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...