A bad first day at PSX for Roshan Packages Limited

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Trading of Roshan Packages Limited (RPL) commenced today at an opening price of Rs.86.25. Against market expectations, the stock closed at Rs 81.94 after a decline of Rs 4.31 (5.26%). Total traded volume was 978,500. RPL’s listing was a smashing success, blowing well past analysts’ expectations of the predicted strike price between Rs 50 and Read More