Punjab Modaraba 1st Closes at Rs. 1.50, No Dividend Announcements

Karachi,Punjab Modaraba 1st (FPJM) closed at Rs. 1.50 with a daily weighted average rate of Rs. 1.45. No dividend was announced for any year. The paid-up capital is Rs. 340.20 million and the turnover for today was 1,530,000 shares.

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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...