Karachi, (PPI Bot): Equity Modaraba 1st. NC, trading as FEM, closed with a daily weighted average rate of Rs. 2.96. With a paid-up capital of Rs. 524.40 million and a 5% distribution for 2023, the modaraba maintained a steady market presence. Listed since 1992, Equity Modaraba reported an EPS of Rs. 0.31 for Jan-Oct 2023, a decrease from Rs. 3 in 2021 and Rs. 7.15 in 2022. The turnover was 237,500, with a high rate of Rs. 2.90 and a low rate of Rs. 2.96.