Sui Northern Gas Pipelines Reports Solid Earnings, Announces Distribution

Karachi, Sui Northern Gas Pipelines Ltd. (SNGP) reported solid earnings with an EPS of Rs. 17.32 for the year ending June 2023. The company, with a paid-up capital of Rs. 6,342.17 million, declared a 15% distribution. SNGP’s daily weighted average rate was Rs. 79.03, higher than the previous rate of Rs. 78.00. Listed since 1964, the company maintains a market lot of 1. The previous book closure date was 26/07.

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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...