Fredun Pharmaceuticals’ board has recommended a 2:1 bonus issue, granting two new equity shares for every one held. This decision aims to reward shareholders, reflecting management’s confidence in the company’s sustained earnings growth, scalability, and long-term value creation strategy.
US stocks today: S&P 500, Nasdaq edge lower as tech shares slide
US stocks ended slightly lower as weakness in technology and semiconductor shares weighed on sentiment, even as Meta rose after reports of an AI-driven cloud