BRUSSELS: The European Commission said on Friday it had approved without conditions FedEx's planned 4.4 billion euro ($4.78 billion) takeover of Dutch package delivery rival TNT Express.
The Commission said in a statement that the two were not particularly close competitors and the merged entity would continue to face strong competition from its rivals in all markets concerned.
The two companies earlier said they had secured the approval.
| Currency | Rate |
|---|---|
|
USD PKR Interbank Selling
/ Nov 25
|
277.83
|
|
USD PKR Interbank Buying
/ Nov 25
|
277.73
|
|
USD to Japanese Yen
/ Nov 25
|
154.29
|
|
USD to Swiss Franc
/ Nov 25
|
0.89
|
|
Pound Sterling to USD
/ Nov 25
|
1.26
|
|
Euro to USD
/ Nov 25
|
1.05
|
| Stock | Volume |
|---|---|
|
S&P 500
/ Nov 22
|
5,969.34
|
|
Nasdaq
/ Nov 22
|
18,003.65
|
|
FTSE 100
/ Nov 22
|
8,262.08
|
|
Dow Jones
/ Nov 22
|
44,296.51
|
|
Germany DAX 30
/ Nov 22
|
19,322.59
|
|
France CAC40
/ Nov 22
|
7,255.01
|
|
India Sensex
/ Nov 25
|
80,331.40
|
|
Tokyo Nikkei
/ Nov 25
|
38,933.62
|
| Item | Value |
|---|---|
|
Gold 10 Grams PKR
/ Nov 22
|
240,483
|
|
Crude Oil USD/Barrel
/ Nov 25
|
70.68
|
|
Karachi Cotton PKR/37.32 KG
/ Nov 25
|
17,685
|
|
Gold Spot USD/Ounce
/ Nov 25
|
2,664.27
|
|
Cotton US¢/pound
/ Nov 25
|
71.20
|
|
Petrol/Litre
/ Nov 26
|
248.38
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Nov 26
786 Investments Limited(786)
|
6.82
▼ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Nov 26
Al-Abbas Sugar Mills Limited(AABS)
|
593.76
▼ 0.00
(0.00%)
|
|
Agro Allianz
/ Nov 26
Agro Allianz Limited(AAL)
|
16
▼ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Nov 26
Al-Abid Silk Mills Limited(AASM)
|
3.49
▼ 0.00
(0.00%)
|
|
Ali Asghar
/ Nov 26
Ali Asghar Textile Mills Limited(AATM)
|
70.89
▼ 0.00
(0.00%)
|
|
Allied Bank
/ Nov 26
Allied Bank Limited(ABL)
|
120.21
▼ 0.00
(0.00%)
|
|
Abbott Lab.
/ Nov 26
Abbott Laboratories (Pakistan) Limited(ABOT)
|
1,023.10
▼ 0.00
(0.00%)
|
|
Abson Ind.
/ Nov 26
Abson Industries Limited(ABSON)
|
2.50
▼ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Nov 26
Alfalah Consumer Index ETF.(ACIETF)
|
12.55
▼ 0.00
(0.00%)
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Nov 26
786 Investments Limited(786)
|
6.82
▲ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Nov 26
Al-Abbas Sugar Mills Limited(AABS)
|
593.76
▲ 0.00
(0.00%)
|
|
Agro Allianz
/ Nov 26
Agro Allianz Limited(AAL)
|
16
▲ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Nov 26
Al-Abid Silk Mills Limited(AASM)
|
3.49
▲ 0.00
(0.00%)
|
|
Ali Asghar
/ Nov 26
Ali Asghar Textile Mills Limited(AATM)
|
70.89
▲ 0.00
(0.00%)
|
|
Allied Bank
/ Nov 26
Allied Bank Limited(ABL)
|
120.21
▲ 0.00
(0.00%)
|
|
Abbott Lab.
/ Nov 26
Abbott Laboratories (Pakistan) Limited(ABOT)
|
1,023.10
▲ 0.00
(0.00%)
|
|
Abson Ind.
/ Nov 26
Abson Industries Limited(ABSON)
|
2.50
▲ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Nov 26
Alfalah Consumer Index ETF.(ACIETF)
|
12.55
▲ 0.00
(0.00%)
|
| Stock | Volume |
|---|---|
|
WorldCall Telecom
/ Nov 26
Worldcall Telecom Limited(WTL)
|
177,135,830
▲ 0.00
|
|
K-Electric Ltd.
/ Nov 26
K-Electric Limited(KEL)
|
124,131,268
▲ 0.00
|
|
Hascol Petrol
/ Nov 26
Hascol Petroleum Limited(HASCOL)
|
105,013,176
▲ 0.00
|
|
Fauji Foods Ltd
/ Nov 26
Fauji Foods Limited(FFL)
|
77,697,371
▲ 0.00
|
|
Treet Battery
/ Nov 26
Treet Battery Limited(TBL)
|
43,783,366
▲ 0.00
|
|
B.O.Punjab
/ Nov 26
The Bank of Punjab(BOP)
|
36,573,763
▲ 0.00
|
|
Sui South Gas
/ Nov 26
Sui Southern Gas Company Limited(SSGC)
|
32,719,678
▲ 0.00
|
|
PIA Holding Co.Ltd
/ Nov 26
PIA Holding Company Limited(PIAHCLA)
|
27,969,689
▲ 0.00
|
|
Cnergyico PK
/ Nov 26
Cnergyico PK Limited(CNERGY)
|
25,874,820
▲ 0.00
|
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