Pakistan State Oil Reports Decrease in Dividend for 2023

Karachi: The Pakistan State Oil Co. Ltd. (PSO) stock ended the trading session at Rs. 143.07, with a daily weighted average of Rs. 143.37. The company’s paid-up capital stands at Rs. 4,694.73 million. PSO announced a 75% dividend for the year ending June 2023, following distributions of 150% and 100% in the preceding years. With a par value of Rs. 10, shares are traded individually. Listed since 1977, the company’s shares reached a high of Rs. 98.8, and a turnover of 361,347,958 shares.

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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 ...