Engro Fertilizers listed at KSE

The Karachi Stock Exchange has allowed listing and quotation of shares of Engro Fertilizers Limited; formal trading in its shares would start from Friday. The first settlement date of its transaction will be Tuesday, January 21, a notification said. The market lot of the company will be 500 shares of Rs. 10 each, while the opening price of shares of the company will be Rs. 28.25 per share as determined through book building process.