U.D.L. Modaraba Announces 19% Dividend, Minor Fluctuations in Stock Price

Karachi, U.D.L. Modaraba (FUDLM) declared a 19% dividend for the period ending in June. The company experienced a slight decrease in its stock price, closing at PKR 6.19 from an opening of PKR 6.14. The trading volume was recorded at 6,835,000 shares, indicating significant market activity. The announcement of a 19% dividend is a notable development for its investors and could influence future trading patterns.

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