Asim Textile Mills Ltd Reports No Dividend; Shares Trade Above Daily Average

Karachi: Shares of Asim Textile Mills Ltd (ASTM) closed at Rs. 15.63, with the daily weighted average rate slightly lower at Rs. 15.41. The company's shares saw a turnover of 4,179,000, indicating a steady interest among traders. Asim Textile Mills, with a paid-up capital of Rs. 151.77 million and shares of par value Rs. 10, did not declare any dividends this year. The trading session closed with the market lot size set at 500. The company's shares varied in price from Rs. 4.5 to Rs. 15.63 during the January to October period. ASTM, which entered the stock market in 1991, had its previous book closure on October 19.