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Markets Print edition: 2017-11-18

'Orient Rental Modaraba' starts trading at PSX

Published November 18, 2017 Updated November 18, 2017 12:00am
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The formal trading of newly listed 'Orient Rental Modaraba' shares has started on Pakistan Stock Exchange on Friday. A ceremony was held at the main trading hall of the Pakistan Stock Exchange to mark the entry of Orient Rental Modaraba with rental business to PSX. Muhammad Saeed, chairman 'Orient Rental Modaraba' rang the traditional opening bell to commence trading and listing of the Orient Rental Modaraba.
Acting Chief Executive Officer of Pakistan Stock Exchange, Haroon Askari and senior management of the Exchange, CEO of Orient Rental Modaraba Giasuddin Khan and others attended the ceremony. On the first day of trading, the shares of Orient Rental Modaraba increased by Rs 2.50 to close at Rs 12.50 with total volume of 38000 shares.

Copyright Business Recorder, 2017

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