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اردو

Mar 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Business & Finance Print 2023-11-10

EU court advisor deals blow to Apple in Ireland tax case

AFP Published November 10, 2023

BRUSSELS: The European Court of Justice’s top legal advisor recommended Thursday scrapping a previous Apple victory against Brussels in a 13-billion-euro ($14-billion) tax case, a blow to the iPhone-maker in a long-running legal saga.

One of the landmark battles between the European Commission and big tech, it dates back to 2016 when the EU’s executive arm accused Ireland of allowing Apple to escape billions of euros in taxes.

The EU’s executive arm claimed that between 2003 and 2014, Apple parked untaxed revenue earned in Europe, Africa, the Middle East and India in Ireland, which is the European hub for big tech.

EU Apple

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 13	280.10
USD PKR Interbank Buying / Mar 13	279.90
USD to Japanese Yen / Mar 14	148.64
USD to Swiss Franc / Mar 14	0.88
Pound Sterling to USD / Mar 14	1.29
Euro to USD / Mar 14	1.08
UK LIBOR % / Mar 13	4.96

Stock	Volume
S&P 500 / Mar 13	5,521.52
India Sensex / Mar 13	73,828.91
Nasdaq / Mar 13	17,303.01
FTSE 100 / Mar 13	8,542.56
Dow Jones / Mar 13	40,813.57
Germany DAX 30 / Mar 13	22,567.14
France CAC40 / Mar 13	7,938.21
Tokyo Nikkei / Mar 14	37,113.53
Hang Seng / Mar 14	24,000.09

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 13	17,285
Gold 10 Grams PKR / Mar 13	265,174
Petrol/Litre / Mar 14	255.63
Crude Oil USD/Barrel / Mar 14	67.01
Gold Spot USD/Ounce / Mar 14	2,985.64
Diesel/Litre / Mar 14	258.64
Cotton US¢/pound / Mar 14	67.12

Gainers
Losers
Leaders

Stock	Price
First Fid. Leasing / Mar 14 First Fidelity Leasing Modaraba(FFLM)	2.28 ▲ 0.25 (12.32%)
Frontier Ceram / Mar 14 Frontier Ceramics Limited(FRCL)	20.89 ▲ 1.9 (10.01%)
Pak Synthetics / Mar 14 Pakistan Synthetics Limited(PSYL)	45.16 ▲ 4.11 (10.01%)
Sanghar Sugar / Mar 14 Sanghar Sugar Mills Limited(SANSM)	43.46 ▲ 3.95 (10%)
At-Tahur Ltd. / Mar 14 At-Tahur Limited(PREMA)	47.08 ▲ 4.28 (10%)
Apna Microfin. / Mar 14 Apna Microfinance Bank Limited(AMBL)	11.10 ▲ 0.87 (8.5%)
Sally Textile / Mar 14 Sally Textile Mills Limited(SLYT)	9.07 ▲ 0.71 (8.49%)
Hussain Industries / Mar 14 Husein Industries Limited(HUSI)	30.56 ▲ 2.27 (8.02%)
United Dist. / Mar 14 United Distributors Pakistan Limited(UDPL)	54.95 ▲ 3.62 (7.05%)
Nazir Cotton Mills / Mar 14 Nazir Cotton Mills Limited(NCML)	11.78 ▲ 0.74 (6.7%)

Stock	Price
F.Credit & Inv / Mar 14 First Credit and Investment Bank Limited(FCIBL)	7.31 ▼ -0.92 (-11.18%)
St.Chart.Bank / Mar 14 Standard Chartered Bank (Pak) Ltd(SCBPL)	58.60 ▼ -6.8 (-10.4%)
Jahangir Sidd(Pref) / Mar 14 Jahangir Sidd(Pref)(JSCLPSA)	8.79 ▼ -0.97 (-9.94%)
National Bank / Mar 14 National Bank of Pakistan(NBP)	73.20 ▼ -8 (-9.85%)
Sardar Chemical / Mar 14 Sardar Chemical Industries Limited(SARC)	32.05 ▼ -3.45 (-9.72%)
Oilboy Energy / Mar 14 Oilboy Energy Limited(OBOY)	9.95 ▼ -1.05 (-9.55%)
Tri-Star Mutual / Mar 14 Tri-Star Mutual Fund Limited(TSMF)	7.26 ▼ -0.75 (-9.36%)
Sindh Abadgar / Mar 14 Sindh Abadgar's Sugar Mills Limited(SASML)	53.65 ▼ -5.54 (-9.36%)
Askari Bank / Mar 14 Askari Bank Limited(AKBL)	39.50 ▼ -3.44 (-8.01%)
PIA Holding Co.B / Mar 14 PIA Holding Company Limited B(PIAHCLB)	855.10 ▼ -73.37 (-7.9%)

Stock	Volume
B.O.Punjab / Mar 14 The Bank of Punjab(BOP)	48,802,683 ▼ -0.26
Pak Int.Bulk / Mar 14 Pakistan International Bulk Terminal(PIBTL)	35,596,487 ▲ 0.4
Barkat Frisian Agro / Mar 14 Barkat Frisian Agro Limited(BFAGRO)	24,680,233 ▲ 0.88
Fauji Cement / Mar 14 Fauji Cement Company Limited(FCCL)	19,660,929 ▼ -0.39
Fauji Foods Ltd / Mar 14 Fauji Foods Limited(FFL)	19,036,279 ▲ 0.72
Maple Leaf Cement / Mar 14 Maple Leaf Cement Factory Limited(MLCF)	16,104,740 ▼ -0.18
Cnergyico PK / Mar 14 Cnergyico PK Limited(CNERGY)	13,785,111 ▲ 0.02
Sui South Gas / Mar 14 Sui Southern Gas Company Limited(SSGC)	13,148,794 ▲ 0.35
D.G.K.Cement / Mar 14 D.G. Khan Cement Company Limited(DGKC)	12,175,485 ▼ -0.88
P.S.O. / Mar 14 Pakistan State Oil Company Limited(PSO)	10,540,509 ▼ -6.86