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Prudential Modaraba Reports Modest Performance

Karachi, Prudential Modaraba 1st NC (PMI) closed at PKR 2.18, with a daily average rate of PKR 2.41. The company, having a paid-up capital of PKR 1,293.92 million, was listed in 1990. It announced distributions of 0.80% for 2021, 1.70% for 2022, and 3% for 2023. The shares touched a high of PKR 2.14 and a low of PKR 1.19 this year, with a significant turnover of 33,763,500 shares. The EPS stood at PKR 0.11 for 2021/2022.

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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...