Karachi, Pak Elektron Ltd. (PAEL), a major player in the electrical goods industry since 1988, today reported a closing rate of Rs. 22.54, slightly lower than its average rate of Rs. 22.76. With a substantial paid-up capital of Rs. 8,560.12 million, the company announced no distributions for this fiscal year, holding to the precedent set in prior years. Today’s trading peaked at Rs. 20.25, underlining the stock's ongoing demand despite the lack of dividend incentives.