Unusual Movement In Price Or Volume of Dawood Equities Limited

Karachi, Dawood Equities Limited informed Pakistan Stock Exchange that the Company is not aware of any matter of material development that might have in your resulted in a substantial increase in the share price of the Company during the last three months, as highlighted in your above referred notice.

Dawood Equities Limited was incorporated on May 3, 2006 as public limited company. DEL commenced commercial operations from October 03, 2006. DEL is also registered under the Securities and Exchange Commission of Pakistan as a broker. The Company’s principal business is trading and brokerage of listed equities, underwriting and other investments.

The total shares of the Company are 25,000,000. The Earnings per share is 0.32 in 2020 which was 0.02in 2019. Their Profit after Taxation is 8,104,000 in 2020 which was 480,000 in 2019.