Karachi, Allied Rental Modaraba (ARM), a key player in the leasing sector, reported a daily weighted average rate of Rs. 28.82 with a low and highrate fluctuating between Rs. 25.75 and Rs. 28.82 respectively. The company, with a paidup capital of Rs. 2,200 million and listed in 2007, saw a turnover of 63,000. For the fiscal year ending June 2022/2023, ARM announced earnings per share (EPS) of Rs. 1.37 but did not declare any distributions for its shareholders. The previous book closure was noted on October 20, reflecting the company’s consistent market presence.