Paramount Modaraba Maintains Moderate Market Presence

Karachi, (PPI Bot): Paramount Modaraba (FPRM) continues to navigate the stock market with a daily weighted average rate of Rs. 8.44 and today’s rate at Rs. 8.25. The company, with a paid-up capital of Rs. 137.88 million, declared a 4.5% distribution in 2021 but no distributions thereafter. FPRM’s stock has fluctuated between a high of Rs. 8.25 and a low of Rs. 3.8, with a turnover of 1,330,000 shares. Its EPS for 2021/2022 stands at Rs. 0.56, indicating a modest performance in the market since 1995.

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PM and Defence Production Minister Discuss Makkah Joint Defence Agreement

Islamabad: Minister for Defence Production Muhammad Raza Hayat Harraj called on Prime Minister Muhammad Shehbaz Sharif in Islamabad. The meeting focused on discussions of mutual interest between the two leaders. According to Radio Pakistan, the Mini...