Standard Chartered Bank Ltd. Demonstrates Strong Market Presence

Karachi, Standard Chartered Bank Ltd. NC (SCBPL) today showcased strong market presence on the Pakistan Stock Exchange, with a daily weighted average rate of Rs. 36.24 and today’s rate at Rs. 36.23. The bank, with a substantial paid-up capital of Rs. 38,715.85 million, declared a 65%(II) dividend for 2023. Since its listing in 2007, SCBPL achieved a high rate of Rs. 35.89 and a low rate of Rs. 19 this year. The total shares turnover was 25,241,000, and the EPS for January to November 2023 was Rs. 3.55.

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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...