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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