PCAL initiates collaboration venture

MG News | April 17, 2024 at 09:40 AM GMT+05:00

0:00

April 17, 2024 (MLN): The Board of Directors (BoD) of Pakistan Cables Limited (PSX: PCAL) in its emergent Board meeting on Tuesday approved a Memorandum of Understanding (MOU) to form an entity to explore opportunities in collaboration with associated companies potentially.

The aforestated information was disseminated through a notification issued to the exchange.

PCAL is engaged in the manufacturing of copper rods, wires, cables and conductors, aluminium extrusion profiles and PVC compounds.

At the time of writing, the company's scrip is being traded at Rs127, down by Rs1.50 or 1.17% compared to the previous close.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	157,132.10 429.92M	3.39% 5159.10
ALLSHR	93,566.86 763.32M	2.62% 2388.00
KSE30	48,302.97 218.66M	4.27% 1976.50
KMI30	220,798.52 207.58M	4.07% 8628.34
KMIALLSHR	59,988.53 433.51M	2.75% 1606.15
BKTi	46,193.08 61.76M	4.26% 1887.06
OGTi	30,193.10 21.94M	3.73% 1086.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,795.00	69,740.00 66,530.00	-2685.00 -3.86%
BRENT CRUDE	82.12	82.37 78.38	4.38 5.63%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-7.85 -7.32%
ROTTERDAM COAL MONTHLY	133.50	133.50 129.00	14.70 12.37%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	75.33	75.55 70.41	4.10 5.76%
SUGAR #11 WORLD	14.04	14.04 13.94	0.13 0.93%