PSX Ticker: mcb - Stock price and company news

BR Research

MCB: Profit growth takes a breather

There was always going to come a time for big banks to taste some modesty – and 4QCY24 is proving to be that for...

Published 10 Feb, 2025 08:50am

Business & Finance

MCB Bank posts Rs63.5bn profit in 2024, down 3% YoY

MCB Bank Limited, one of Pakistan’s largest commercial banks, reported a profit-after-tax (PAT) of Rs63.47 billion...

Published 06 Feb, 2025 03:00pm

Business & Finance

MCB’s Nauman Chughtai gets FPT clearance from State Bank

The State Bank of Pakistan (SBP) has cleared the Fit & Proper Test (FPT) for Muhammad Nauman Chughtai as...

Updated 15 Jan, 2025 10:51pm

Markets

PSX record rally: more Pakistani companies join billion-dollar club

Number of companies with over billion-dollar capitalisation increases from six in May 2024 to 11 in December 2024

Published 16 Dec, 2024 04:16pm

Business & Finance

MCB Bank appoints Nauman Chughtai as President & CEO

The Board of Directors (BoD) of MCB Bank, one of Pakistan’s largest commercial banks, has appointed Muhammad Nauman...

Updated 11 Dec, 2024 10:58pm

BR Research

MCB banks on high CASA

MCB Bank Limited (MCB), true to its reputation and much to the shareholders’ delight, announced another interim...

Published 28 Oct, 2024 08:51am

Business & Finance

MCB Bank posts Rs18.1bn profit in 3Q2024, down 8% YoY

MCB Bank Limited, one of Pakistan’s largest commercial banks, reported a profit-after-tax (PAT) of Rs18.13 billion...

Updated 23 Oct, 2024 06:12pm

BR Research

MCB: Record profits – again

MCB Bank Limited (MCB) continued its rich dividend payout legacy announcing another interim dividend of Rs9/share,...

Published 09 Aug, 2024 08:58am

Markets

MCB Bank posts earnings of Rs16.8bn in 2Q2024, up over 14% YoY

MCB Bank Limited, one of Pakistan’s largest commercial banks, reported profit-after-tax (PAT) of Rs16.79 billion in...

Updated 07 Aug, 2024 09:49pm

BR Research

MCB: Advances shrink, profits grow

MCB Bank Limited (MCB) posted another quarter of stellar p the pretax profits jumped 41 percent year-on-year,...

Published 26 Apr, 2024 07:30am

Business & Finance

MCB Bank gets SBP’s green signal to commence Exchange Company operations

MCB Bank Limited, one of the largest commercial banks in the country, has received approval of the State Bank of...

Updated 27 Mar, 2024 08:43pm

BR Research

MCB: High(est) profits – low(est) ADR

MCB Bank Limited (MCB)recorded a historic profit of Rs59.6 billion – while continuing with its rich history of high...

Published 12 Feb, 2024 08:58am

Business & Finance

Record profit: MCB Bank posts earnings of Rs65.3bn in 2023, up over 89% YoY

MCB Bank Limited, one of Pakistan’s largest commercial banks, reported its highest-ever yearly profit, driven by an...

Updated 06 Feb, 2024 10:03pm

Business & Finance

Enforcement action: SBP imposes over Rs465mn in penalties on 10 banks

The State Bank of Pakistan (SBP) imposed penalties worth Rs465.08 million on 10 banks during the quarter ended...

Updated 30 Jan, 2024 10:46pm

BR Research

MCB: Low deposit cost drives profit

The banking sector profitability galore continued as MCB Bank Limited (MCB) announced 9MCY23 financial results –...

Published 30 Oct, 2023 06:33am

Business & Finance

Askari Bank latest to establish wholly-owned Exchange Company

Askari Bank Limited, a subsidiary of Fauji Foundation, announced on Friday it will establish an Exchange Company...

Updated 27 Oct, 2023 10:57pm

Business & Finance

MCB Bank joins UBL and Meezan, says it will establish wholly-owned Exchange Company

The Board of Directors (BoD) of MCB Bank Limited, one of the largest commercial banks in the country, announced it...

Updated 18 Sep, 2023 07:49pm

BR Research

MCB Bank Limited

MCB is one of the pioneers of the banking sector of Pakistan. The bank was incorporated in the private sector in...

Published 08 Aug, 2023 08:21am

BR Research

MCB: Investments and current account drive profit

MCB Bank Limited (MCB) doubled on the impressive first quarter, raking in record half yearly after-tax profits at...

Published 07 Aug, 2023 08:18am

Business & Finance

Jan-Jun: MCB Bank’s earnings increase over 150% year-on-year

MCB Bank Limited on Wednesday reported a massive surge in its half-year profit, largely driven by an increase in its...

Updated 02 Aug, 2023 09:36pm

Business & Finance

Silkbank green lights MCB’s due diligence

The Board of Directors at Silkbank Limited has permitted MCB Bank to proceed with due diligence for the acquisition...

Updated 01 Jun, 2023 06:35pm

Business & Finance

MCB Bank to conduct Silkbank’s due diligence

The Board of Directors (BoD) at MCB Bank has given its go-ahead to the management to conduct due diligence of...

Published 29 May, 2023 01:45pm

BR Research

MCB: Current accounts drive profit

MCB Bank Limited (MCB) began 2023 from where it left 2022 – announcing Rs6/share first interim cash dividend to...

Updated 05 May, 2023 10:10am

Pakistan

Moody's downgrades five Pakistani banks

Also downgrades the five banks' long-term foreign currency Counterparty Risk Ratings (CRRs) to Caa3 from Caa1

Updated 03 Mar, 2023 09:14pm

Business & Finance

MCB’s profit up 10% in 2022, forex income jumps 149%

MCB Bank Limited posted consolidated earnings of Rs34.451 billion in 2022, up 10% from a year ago, a notice sent to...

Updated 08 Feb, 2023 04:14pm

BR Research

MCB Bank Limited

MCB is one of the pioneers of the banking sector of Pakistan. The bank was incorporated into the private sector in...

Published 11 Jan, 2023 08:41am

Business & Finance

Bugis Investments sells its entire stake in MCB Bank for nearly Rs7.48bn

Transaction completed on Monday at purchase price of Rs115 per share

Published 12 Dec, 2022 05:34pm

BR Research

Big banks grow steadily

The 9MCY22 banking earning season has been a stellar one for the big 5 banks, on pretax profit grounds. The big five...

Published 15 Nov, 2022 08:58am

BR Research

MCB: Profits and dividends grow

It is dividend galore at the PSX this earning season. MCB Bank Limited (MCB) announced Rs5/share interim dividend to...

Published 27 Oct, 2022 07:43am

Pakistan

Moody's downgrades ratings of five Pakistani banks; maintains negative outlook

Moody’s says rating actions reflect the Government of Pakistan's reduced capacity to support the banks

Updated 11 Oct, 2022 08:42pm

BR Research

MCB: Strong dividend continues

MCB Bank Limited (MCB) continued with the tradition of rich dividends to shareholders, announcing another Rs4/share...

Published 23 Aug, 2022 08:39am

Pakistan

Moody's downgrades 5 Pakistani banks' outlook to negative from stable, affirms B3 ratings

Development comes after ratings agency first downgraded Pakistan’s outlook to negative from stable and then that of Wapda’s

Updated 08 Jun, 2022 11:06pm

BR Research

MCB: Smooth ride continues

MCB Bank Limited (MCB) raked in phenomenal profitability growth on the back of strong core earnings. Like a...

Published 28 Apr, 2022 06:11am

Business & Finance

MCB gets SBP's approval for due diligence of Telenor Microfinance Bank

The State Bank of Pakistan (SBP) has granted approval to MCB to commence the due diligence process as it eyes to...

Published 21 Feb, 2022 02:44pm

BR Research

MCB: Provisioning reversal ensures profit growth

The template is there, and big banks seem to be following it this earning season. MCB Bank Limited (MCB) raked in 12...

Updated 12 Aug, 2021 08:36am

Business & Finance

MCB’s profit after tax reported at Rs7.9 billion for April-June

Board declares cash dividend at Rs5 per share

Published 12 Aug, 2021 01:47am

BR Research

MCB: Steady profits

Not quite the 2020 performance, but CY21 has started on a bright note for MCB, which declared Rs4.5 per share as...

Published 22 Apr, 2021 07:35am

BR Research

MCB posts record profits

MCB Bank Limited (MCB) rounded off a stellar CY20 with a final cash dividend of Rs15/share, taking the full-year...

Published 11 Feb, 2021 07:30am

BR Research

MCB’s wrinkle free performance

One tough quarter has not deterred MCB Bank Limited (MCB) from posting a massive 41 percent year-on-year growth in...

Published 29 Oct, 2020 07:57am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	281
USD PKR Interbank Buying / Apr 30	280.80
USD to Japanese Yen / Apr 30	142.60
USD to Swiss Franc / Apr 30	0.82
Pound Sterling to USD / Apr 30	1.34
Euro to USD / Apr 30	1.14
UK LIBOR % / Apr 29	4.96

Stock	Volume
S&P 500 / Apr 29	5,560.83
Nasdaq / Apr 29	17,461.32
Dow Jones / Apr 29	40,527.62
India Sensex / Apr 30	80,370.20
Tokyo Nikkei / Apr 30	36,045.38
Hang Seng / Apr 30	22,093.15
FTSE 100 / Apr 30	8,462.69
Germany DAX 30 / Apr 30	22,537.67
France CAC40 / Apr 30	7,587.60

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 29	16,985
Gold 10 Grams PKR / Apr 29	299,382
Crude Oil USD/Barrel / Apr 30	59.69
Gold Spot USD/Ounce / Apr 30	3,304.44
Cotton US¢/pound / Apr 30	66.29
Petrol/Litre / May 1	254.63
Diesel/Litre / May 1	258.64

Gainers
Losers
Leaders

Stock	Price
J.A.Textile / Apr 30 J.A. Textile Mills Limited(JATM)	20.90 ▲ 1.9 (10%)
Punjab Oil / Apr 30 Punjab Oil Mills Limited(POML)	178.67 ▲ 16.24 (10%)
PIA Holding Co.B / Apr 30 PIA Holding Company Limited B(PIAHCLB)	4,366.33 ▲ 396.94 (10%)
First Elite Cap.Mod / Apr 30 First Elite Capital Modaraba(FECM)	12.68 ▲ 1.15 (9.97%)
Jubilee Spinning / Apr 30 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	12.70 ▲ 1.15 (9.96%)
Shakarganj / Apr 30 Shakarganj Limited(SML)	52.29 ▲ 4.35 (9.07%)
Burshane LPG / Apr 30 Burshane LPG (Pakistan) Limited(BPL)	29.03 ▲ 2.03 (7.52%)
Engro Poly(Pref / Apr 30 Engro Poly(Pref)(EPCLPS)	11.99 ▲ 0.81 (7.25%)
Sakrand Sugar / Apr 30 Sakrand Sugar Mills Limited(SKRS)	12.23 ▲ 0.81 (7.09%)
Intermarket Securities / Apr 30 Intermarket Securities Limited(IMS)	45.97 ▲ 2.98 (6.93%)

Stock	Price
United Brands / Apr 30 United Brands Limited(UBDL)	20.93 ▼ -2.33 (-10.02%)
AGP Limited / Apr 30 AGP Limited(AGP)	186.05 ▼ -20.67 (-10%)
Sunrays Textile / Apr 30 Sunrays Textile Mills Limited(SUTM)	170.30 ▼ -18.92 (-10%)
Chakwal Spinning / Apr 30 Chakwal Spinning Mills Limited(CWSM)	47.64 ▼ -5.29 (-9.99%)
Kohinoor Energy / Apr 30 Kohinoor Energy Limited(KOHE)	17.76 ▼ -1.97 (-9.98%)
Adamjee Life Assur. / Apr 30 Adamjee Life Assurance Company Limited(ALIFE)	25.23 ▼ -2.79 (-9.96%)
Bela Auto / Apr 30 Bela Automotives Limited(BELA)	127 ▼ -14 (-9.93%)
National Silk / Apr 30 The National Silk & Rayon Mills Limited(NSRM)	42.46 ▼ -4.67 (-9.91%)
Nishat Mills Ltd / Apr 30 Nishat Mills Limited(NML)	101.35 ▼ -11.12 (-9.89%)
Amtex Ltd / Apr 30 Amtex Limited(AMTEX)	2.30 ▼ -0.25 (-9.8%)

Stock	Volume
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	46,167,601 ▼ -0.72
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	40,695,095 ▼ -0.01
B.O.Punjab / Apr 30 The Bank of Punjab(BOP)	20,001,384 ▼ -0.36
K-Electric Ltd. / Apr 30 K-Electric Limited(KEL)	17,624,493 ▼ -0.11
Maple Leaf Cement / Apr 30 Maple Leaf Cement Factory Limited(MLCF)	15,370,507 ▼ -1.87
Power Cement / Apr 30 Power Cement Limited(POWER)	14,502,204 ▼ -0.43
Sui South Gas / Apr 30 Sui Southern Gas Company Limited(SSGC)	14,104,286 ▼ -2.06
Sui North Gas / Apr 30 Sui Northern Gas Pipelines Limited(SNGP)	13,883,713 ▲ 0.45
Fauji Cement / Apr 30 Fauji Cement Company Limited(FCCL)	13,723,423 ▼ -0.92
At-Tahur Ltd. / Apr 30 At-Tahur Limited(PREMA)	13,002,379 ▼ -6.85

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