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Karachi, Shezan International Ltd. (SHEZ) noted a substantial increase in its stock turnover, reaching 1,629,900 shares with a closing rate of 101.31 PKR and a high of 121.99 PKR. The company’s daily weighted average rate stood at 96.63 PKR, reflecting a consistent trading activity. For the fiscal year ending in June, Shezan declared a 50% dividend and a 20% bonus, marking a continued distribution strategy despite a slight drop in earnings per share to 4.01 PKR for January to March 2024 from 2022’s figures. The Lahore-based company, established in 1989, continues to maintain a market lot of 1, with its previous book closure dated October 18th.
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