Popular Islamic Modaraba Reports Consistent Performance

Karachi, Popular Islamic Modaraba XD NC (PIM) closed at Rs. 8.31 with a paid-up capital of Rs. 140 million as of June. Distributions for the year ending June were reported at 4.034%, 3.744%, and 4.557% with par value Rs. 10 and market lot of 500. The company was listed in 2016. Earnings per share (EPS) for Jan-Sep 2023 was Rs. 0.76 with a turnover of 140,000.

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Pakistan Issues $3 Billion Dual-Tranche Eurobond

Islamabad: Pakistan has issued a three-billion-dollar dual tranche Eurobond. The positive development was shared by Finance Minister Muhammad Aurangzeb while speaking at the High-Level International Dialogue on Taxation for Fiscal Sustainability in Pa...