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Companies

NBP partners with 1LINK, Mastercard on co-badged debit card issuance

KARACHI: National Bank of Pakistan (NBP), one of the largest issuers of debit cards in the country, has become the...

Published 21 Nov, 2024 08:19am

Industry

HIT converts HAVAL H6 into modern security vehicle

KARACHI: Heavy Industries Taxila (HIT) has transformed the Chinese-manufactured HAVAL H6 into a sophisticated...

Published 21 Nov, 2024 07:48am

Energy

Expanding renewables: Kohat Cement installs 5.34 MW solar power plant

Kohat Cement Company Limited (KOHC) has installed and commissioned a 5.34 MW on-grid solar power plant. The cement...

Updated 20 Nov, 2024 03:31pm

Companies

IBEX Limited buys back 3.56mn shares from TRGI in $70mn deal

IBEX Limited, a US-based technology company, has repurchased approximately 3.56 million shares for $70 million from...

Updated 20 Nov, 2024 07:30pm

Companies

Women Entrepreneurship Day: JazzCash aims to empower 300K women-led businesses, freelancers by 2027

KARACHI: Pakistan’s leading fintech, JazzCash, aims to empower over 300,000 women-led businesses and women...

Published 20 Nov, 2024 07:28am

Companies

Digital transaction insurance: TPL Insurance partners with Samba Bank

KARACHI: TPL Insurance Ltd announced its collaboration with Samba Bank Limited to offer innovative digital...

Published 19 Nov, 2024 08:18am

Companies

Road safety: PTCL Group partners with Atlas Honda

KARACHI: PTCL Group, Pakistan’s leading telecommunication services provider, has taken a step forward towards road...

Published 20 Nov, 2024 06:45am

Companies

Hallmark rebranded as Supernet

KARACHI: The Hallmark Company Limited has resolved to change its name from “Hallmark Company Limited” to...

Published 20 Nov, 2024 06:45am

Companies

Emirates Group posts profit before tax of AED10.4bn for 1HFY24-25

KARACHI: The Emirates Group today announced its best-ever half-year financial performance, posting a profit before...

Published 19 Nov, 2024 08:14am

Companies

BYD achieves significant milestone

KARACHI: BYD, the world’s leading manufacturer of new energy vehicles (NEVs) and power batteries, marked a...

Published 19 Nov, 2024 06:35am

Stocks

Vanguard sells $66m worth of stocks in Oct

KARACHI: The FTSE benchmarked fund, Vanguard, has sold approximately $66 million worth of stocks in October 2024,...

Published 19 Nov, 2024 08:10am

Companies

US no-frills pioneer Spirit Airlines files for bankruptcy protection

Spirit Airlines has filed for bankruptcy protection, it said on Monday, after the pioneer of no-frills travel in the...

Published 18 Nov, 2024 04:45pm

Companies

Alibaba misses quarterly revenue estimates

SHANGHAI: Alibaba Group Holding missed analysts’ estimates for second-quarter sales on Friday, as persistent...

Published 18 Nov, 2024 02:54am

Companies

First nine months of 2024: Jazz, associated cos invest over Rs33bn

ISLAMABAD: Jazz, along with its associated companies JazzCash and Mobilink Microfinance Bank, invested over Rs33...

Updated 16 Nov, 2024 07:37am

Companies

GM laying off nearly 1,000 workers, mostly in US

WASHINGTON: General Motors is laying off nearly 1,000 workers worldwide, mostly in the US, as it looks to streamline...

Published 18 Nov, 2024 02:54am

Companies

Newage Cables signs 100m SAR MoU with Araib Group

LAHORE: Pakistan’s leading cable manufacturer, Newage Cables Pvt Ltd, has signed a significant Memorandum of...

Published 18 Nov, 2024 02:54am

Energy

PPL discovers hydrocarbon reserves in Sujawal

Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, has discovered hydrocarbon reserves from Pateji...

Updated 15 Nov, 2024 07:43pm

Business & Economy

CCoP reiterates ‘resolve to divest’ PIA shares, but adds G2G mode

Says will pursue its divestment through privatisation or government-to-government mode

Updated 15 Nov, 2024 10:29pm

Companies

TikTok makes AI driven ad tool available globally

SAN FRANCISCO: TikTok on Thursday began letting all marketers on its platform use an artificial intelligence-powered...

Published 15 Nov, 2024 10:34am

Companies

BAFL operations in Bangladesh: central banks give green signal for due diligence facilitation

The central banks of Pakistan and Bangladesh have granted in-principle approval to Bank Alfalah Limited (BAFL) to...

Updated 15 Nov, 2024 04:42pm

Companies

Lenovo plans global factory expansion as Q2 results beat; eyes AI growth

BEIJING: Lenovo will further diversify its supply chain and plans to open more manufacturing facilities outside...

Published 15 Nov, 2024 10:13am

Money & Banking

Samba Bank Limited: BAFL withdraws PAI to acquire SNB shareholding

KARACHI: Bank Alfalah Limited (BAFL) has withdrawn its public announcement of intention (PAI) to acquire 84.51...

Published 15 Nov, 2024 06:40am

Europe

EU fines Meta $840m for ‘abusive’ Facebook ad practices

BRUSSELS: The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by ...

Published 15 Nov, 2024 06:32am

Companies

Ben & Jerry’s says parent Unilever silenced it over Gaza stance

NEW YORK: Ice cream brand Ben & Jerry’s said in a lawsuit filed Wednesday that parent company Unilever has...

Published 14 Nov, 2024 05:45pm

Companies

Group’s portfolio: VEON chief recognizes JazzCash as ‘crown jewel’

KARACHI: VEON Group’s Chairman and Founder Augie K Fabela II, recognized JazzCash as the "crown jewel" in their...

Published 15 Nov, 2024 07:15am

Companies

Sazgar Engineering plans Rs1.5bn land purchase for future expansion

Sazgar Engineering Works Limited (SAZEW), a Pakistani auto manufacturer, has announced plans to purchase land valued...

Updated 14 Nov, 2024 08:52pm

Companies

Kia sees near-term market challenges but sticks to 1.6mn annual EV sales target by 2030

TAIPEI: South Korean car maker Kia expects challenging market conditions in the near term due in part to...

Published 14 Nov, 2024 12:19pm

Companies

Bank Alfalah withdraws intention to acquire stake in Samba Bank as SNB halts divestment

Bank Alfalah Limited (BAFL), one of Pakistan’s largest commercial banks, has withdrawn its public announcement of...

Updated 14 Nov, 2024 10:59pm

Companies

Meezan Bank, CashNow to develop first digital Islamic supply chain finance product

KARACHI: Meezan Bank has entered into a strategic alliance with CashNow to develop Pakistan’s first digital ...

Published 14 Nov, 2024 08:41am

Energy

Deals with IPPs: Rousch Power approves early termination of govt agreements

Company to pursue negotiated settlement

Updated 13 Nov, 2024 10:50pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 20	278.13
USD PKR Interbank Buying / Nov 20	277.93
USD to Japanese Yen / Nov 20	154.96
USD to Swiss Franc / Nov 20	0.88
Pound Sterling to USD / Nov 20	1.27
Euro to USD / Nov 20	1.06

Stock	Volume
S&P 500 / Nov 20	5,917.11
India Sensex / Nov 20	77,578.38
Tokyo Nikkei / Nov 20	38,072.42
Nasdaq / Nov 20	18,966.14
Hang Seng / Nov 20	19,668.80
FTSE 100 / Nov 20	8,085.07
Dow Jones / Nov 20	43,408.47
Germany DAX 30 / Nov 20	19,004.78

Item	Value
Crude Oil USD/Barrel / Nov 20	68.87
Karachi Cotton PKR/37.32 KG / Nov 20	17,885
Gold 10 Grams PKR / Nov 20	238,940
Gold Spot USD/Ounce / Nov 20	2,655.46
Cotton US¢/pound / Nov 20	70.41
Petrol/Litre / Nov 21	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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