Punjab Modaraba Reports No Dividends; Modest Performance Indicated

Karachi, Punjab Modaraba 1st NC (FPJM) reported a rate of Rs. 1.94 with a daily weighted average of Rs. 2.01. The company, with a paid-up capital of Rs. 340.20 million, did not declare any dividends for the year ending in December 2023. Punjab Modaraba has been listed since 1993.

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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...