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Real Estate

UK house prices jumped again in December, Nationwide says

British house prices surged again in December as the property market upswing continued, surprising economists who...

Published 02 Jan, 2025 01:30pm

Real Estate

China to focus on stabilising housing market in 2025, housing regulator says

BEIJING: Efforts will continue in 2025 to stabilize and prevent further declines in China’s real estate market,...

Published 25 Dec, 2024 11:47am

Business & Economy

Pakistan’s inflation anticipated to lower further in December, easing cycle likely to continue

The slowing inflationary trend in Pakistan is likely to persist as the CPI-based figure is expected to clock in at...

Updated 24 Dec, 2024 10:03pm

2024-12-24-01-40

Gulzar-e-Hijri: FGEHA generates Rs600m through auction for commercial properties

ISLAMABAD: Federal Government Employees Housing Authority’s successful auction of commercial properties in...

Updated 24 Dec, 2024 08:36am

Real Estate

Chinese property developers look to bite bullet and revamp onshore debt in 2025

HONG KONG: Progress by Chinese property developer Sunac, towards a landmark restructuring deal for yuan bonds could...

Published 18 Dec, 2024 08:40am

Business & Economy

Govt’s interest payments to decrease by Rs1.5tn in FY25 as policy rate comes down: SBP chief

State Bank of Pakistan (SBP) Governor Jameel Ahmad has said the decline in key policy rate will help the government...

Updated 17 Dec, 2024 09:04pm

Real Estate

China new home prices fall at slowest pace in 17 months in Nov

BEIJING: China’s new home prices fell at the slowest pace in 17 months, official data showed on Monday, as the...

Published 16 Dec, 2024 08:59am

Real Estate

Dubai’s real estate sector is evolving, moving towards ‘branded residences’

Dubai’s recent crown as the ‘global leader in branded residences’ is also accompanied by high occupancy level in...

Published 13 Dec, 2024 06:29am

Industry

$500mn earned through export of surplus sugar, says PM Shehbaz

Premier calls for measures to improve taxation system

Updated 05 Dec, 2024 11:02pm

Real Estate

China new home price rises accelerate in November, survey finds

BEIJING: Prices of new homes in China rose at a faster pace in November, a private survey showed on Sunday, as a...

Published 01 Dec, 2024 01:47pm

Real Estate

In careful protest, China Evergrande’s investors press for action

SHENZHEN/HONG KONG: Hundreds of Chinese investors who lost savings in the collapse of China Evergrande launched a...

Published 27 Nov, 2024 10:59am

Real Estate

Why Dubai’s current real estate boom is here to stay

Knight Frank official says buying patterns point towards genuine end users rather than speculative investors

Updated 20 Nov, 2024 05:34pm

Real Estate

Country Garden submits offshore debt restructuring plan to creditors, sources say

HONG KONG: China’s Country Garden submitted the preliminary terms of an offshore debt restructuring proposal to some...

Published 18 Nov, 2024 11:54am

Real Estate

Shanghai will reduce real estate transaction taxes to boost demand, state media says

BEIJING: Shanghai said on Monday it would reduce some taxes on real estate transactions from Dec. 1, according to...

Published 18 Nov, 2024 11:09am

Real Estate

18 Park Residence: groundbreaking ceremony held in Lahore

LAHORE: A groundbreaking ceremony was held to mark the launch of 18 Park Residence, a pioneering residential...

Published 31 Oct, 2024 07:17am

Real Estate

China new home prices rise more slowly in August, survey shows

BEIJING: Prices of new homes in China rose at slower pace in August, a private survey showed on Sunday, as the...

Published 01 Sep, 2024 11:01am

MENA

Dubai shows strongest rental growth in first half of 2024: Savills

Dubai led a list of 30 markets that had the strongest rental growth during the first half of 2024, underscoring the...

Updated 31 Jul, 2024 03:41pm

MENA

From textile to real estate: Saleem Karsaz’s path to success in Dubai

DUBAI: Dubai’s allure has long been a magnet for entrepreneurs and investors worldwide, and for Pakistani-born...

Updated 22 Jul, 2024 10:21am

MENA

Dubai’s high-end property sales undented by drop in listings, consultancy says

DUBAI: The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the...

Published 08 Jul, 2024 10:09am

Real Estate

China’s property measures give sales a boost, but only in big cities

BEIJING/HONG KONG: China’s latest property support measures have boosted transactions in its biggest cities, but...

Published 18 Jun, 2024 10:43am

Real Estate

Changing landscape of real estate

The real estate market refers to the buying, selling, and renting of properties, including residential, commercial,...

Published 14 Jun, 2024 04:33pm

Real Estate

Country Garden’s Hong Kong liquidation hearing further adjourned to July

HONG KONG: Embattled Country Garden said in a filing on Thursday the Hong Kong High Court had further adjourned a...

Published 06 Jun, 2024 11:22am

Real Estate

Country Garden looks to sell CXMT stake for $276mn, Bloomberg News reports

Debt-laden property developer Country Garden’s venture capital arm is looking to sell its stake in Chinese chipmaker...

Published 31 May, 2024 11:11am

Stocks

Shares of China Evergrande’s EV unit soar after liquidators’ stake sale deal

HONG KONG: Shares of China Evergrande New Energy Vehicle Group more than doubled on Monday as trade resumed after...

Published 27 May, 2024 10:20am

Business & Economy

Brokerage houses see Pakistan’s headline inflation falling below 14% in May

Two brokerage house said they see CPI-based inflation reading to post a steep decline, and hover around 13-14% in...

Updated 21 May, 2024 08:57pm

Real Estate

Chinese property developer Country Garden’s Hong Kong liquidation hearing adjourned

HONG KONG: A Hong Kong court adjourned to June 11 a hearing of a petition on Friday seeking liquidation of Country...

Published 17 May, 2024 11:11am

MENA

‘Dubai Unlocked’: Pakistanis own properties worth $11bn in emirate city, report says

Pakistanis, including ex-government officials, political figures, bureaucrats, and sanctioned individuals own...

Updated 14 May, 2024 11:20pm

2024-05-14-01-14

UBL to build regional office at Naya Nazimabad

KARACHI: United Bank Limited (UBL) - a leading bank of Pakistan, has acquired a 14,092 sq. yards commercial plot in...

Updated 14 May, 2024 06:13am

Real Estate

China’s Country Garden aims to pay missed coupons by next week

HONG KONG: Embattled Chinese property developer Country Garden said it was unable to pay two onshore coupons due on...

Published 09 May, 2024 12:27pm

Real Estate

TPL REIT Fund I: CEO Ali Asgher says optimistic about IPO’s prospects

KARACHI: Ali Asgher, CEO of TPL REIT Management Company Limited (RMC) Ltd, expressed confidence that the Initial...

Published 02 May, 2024 04:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 2	278.75
USD PKR Interbank Buying / Jan 2	278.55
USD to Japanese Yen / Jan 2	156.70
USD to Swiss Franc / Jan 2	0.90
Pound Sterling to USD / Jan 2	1.25
Euro to USD / Jan 2	1.04

Stock	Volume
S&P 500 / Jan 1	5,881.63
Tokyo Nikkei / Jan 1	39,894.54
Nasdaq / Jan 1	19,310.79
FTSE 100 / Jan 1	8,173.02
Dow Jones / Jan 1	42,544.22
Germany DAX 30 / Jan 1	19,909.14
France CAC40 / Jan 1	7,380.74
India Sensex / Jan 2	79,764.68

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 1	18,085
Gold 10 Grams PKR / Jan 1	241,773.70
Petrol/Litre / Jan 2	252.66
Crude Oil USD/Barrel / Jan 2	71.98
Gold Spot USD/Ounce / Jan 2	2,635.56
Diesel/Litre / Jan 2	258.34

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Jan 2 PICIC Insurance Limited(PIL)	2.30 ▲ 0.30 (15.00%)
Escorts Bank / Jan 2 Escorts Investment Bank Limited(ESBL)	6.90 ▲ 0.85 (14.05%)
Cres.Star Ins. / Jan 2 Crescent Star Insurance Limited(CSIL)	3.35 ▲ 0.36 (12.04%)
Ittefaq Iron Ind / Jan 2 Ittefaq Iron Industries Limited(ITTEFAQ)	9.47 ▲ 1.00 (11.81%)
Siddiqsons Tin / Jan 2 Siddiqsons Tin Plate Limited(STPL)	6.50 ▲ 0.64 (10.92%)
Habib Ins. / Jan 2 Habib Insurance Company Limited(HICL)	9.78 ▲ 0.92 (10.38%)
Blue-Ex Ltd / Jan 2 Blue-Ex Limited (GEM)(GEMBLUEX)	47.69 ▲ 4.34 (10.01%)
Ali Asghar / Jan 2 Ali Asghar Textile Mills Limited(AATM)	79.20 ▲ 7.20 (10.00%)
AL-Ghazi Tractors / Jan 2 Al-Ghazi Tractors Limited(AGTL)	629.66 ▲ 57.24 (10.00%)

Stock	Price
First Prudential Mod. / Jan 2 First Prudential Modaraba(PMI)	3 ▼ -0.69 (-18.70%)
Chenab Ltd (Pref) / Jan 2 Chenab Limited (Pref)(CLCPS)	3.67 ▼ -0.69 (-15.83%)
Fateh Sports / Jan 2 Fateh Sports Wear Limited(FSWL)	78.50 ▼ -8.72 (-10.00%)
Al-Khair Gadoon / Jan 2 Al-Khair Gadoon Limited(AKGL)	37.31 ▼ -4.14 (-9.99%)
Frontier Ceram / Jan 2 Frontier Ceramics Limited(FRCL)	34.76 ▼ -3.86 (-9.99%)
JS Investments / Jan 2 JS Investments Limited(JSIL)	23.21 ▼ -2.53 (-9.83%)
National Silk / Jan 2 The National Silk & Rayon Mills Limited(NSRM)	50 ▼ -5.44 (-9.81%)
Olympia Mills / Jan 2 Olympia Mills Limited(OML)	36 ▼ -3.89 (-9.75%)
Hussain Industries / Jan 2 Husein Industries Limited(HUSI)	23.15 ▼ -2.42 (-9.46%)

Stock	Volume
Cnergyico PK / Jan 2 Cnergyico PK Limited(CNERGY)	71,999,946 ▲ 0.06
Pak Int.Bulk / Jan 2 Pakistan International Bulk Terminal(PIBTL)	62,831,962 ▼ -0.16
Fauji Foods Ltd / Jan 2 Fauji Foods Limited(FFL)	57,763,828 ▲ 0.77
Telecard Limited / Jan 2 Telecard Limited(TELE)	46,104,855 ▲ 0.58
B.O.Punjab / Jan 2 The Bank of Punjab(BOP)	45,412,470 ▲ 0.05
Pace (Pak) Ltd. / Jan 2 Pace (Pakistan) Limited(PACE)	41,276,943 ▲ 0.31
WorldCall Telecom / Jan 2 Worldcall Telecom Limited(WTL)	38,499,467 ▲ 0.05
Aisha Steel Mill / Jan 2 Aisha Steel Mills Limited(ASL)	33,731,868 ▼ -0.04
Maple Leaf Cement / Jan 2 Maple Leaf Cement Factory Limited(MLCF)	30,596,690 ▼ -1.53

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