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Karachi, Sindh Modaraba, operating in a non-convertible mode, reported a today’s rate of Rs. 8.40 and a daily weighted average rate of Rs. 450.00 for June. The Modaraba declared a 10% distribution, with consistent distributions over the past years. Listed in 2015, it saw a high rate of Rs. 10.5 and a low rate of Rs. 6 this year, with an EPS of Rs. 1.68.
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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...