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U.D.L. Modaraba Records Slight Decrease in Average Rate

Karachi, U.D.L. Modaraba 1st. NC (FUDLM) experienced a minimal decline in its trading rate today, closing at PKR 6.00 compared to its daily weighted average rate of PKR 5.99. The company, with a paid-up capital of PKR 351.21 million, announced no distributions for its shareholders for the year ending December 2023. The market lot size stands at 500 shares. FUDLM’s performance over the year included a high rate of PKR 8.25 and a low of PKR 6.00, reporting an earnings per share (EPS) of PKR (0.07).

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...