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Telecommunication

Acquisition of Telenor Pakistan: PTCL says IFC approves $400mn debt financing

The Board of Directors (BoD) of International Finance Corporation (IFC) – a member of the World Bank Group – has...

Updated 08 Apr, 2024 10:33pm

Business & Economy

Govt establishes specialised tribunal for Pakistan’s telecom sector

Believes establishment of the tribunal will help lower burden on high courts concerning adjudication of technical matters

Updated 04 Jan, 2024 09:44pm

Telecommunication

PTCL chief explains acquisition of Telenor Pakistan

Says market consolidation will create value as Pakistan's sector is just big enough for three major players

Updated 15 Dec, 2023 04:21pm

Telecommunication

PTCL to acquire 100% of Telenor Pakistan

Enters into share-purchase agreement with Telenor Pakistan shareholders for acquisition of 100% shares based on enterprise value of Rs108bn on cash-free, debt-free basis

Updated 14 Dec, 2023 06:42pm

Telecommunication

Social media sites, apps will never be shut down again: IT minister

Federal IT and Telecommunication Minister Aminul Haq said closing social media sites and applications is not a...

Updated 18 Feb, 2023 07:34pm

Telecommunication

Capital gain lifts Norwegian operator Telenor to record earnings

Increase was partly attributed to growth in mobile phone services in Pakistan, Norway and Thailand, which more than offset declining revenues related to the operation of its copper network, rising costs and a soaring electricity bill

Published 02 Feb, 2023 05:08pm

Telecommunication

Telecom Tower Infrastructure accepts acquisition offer from Pakistan's TPL RMC

Acquisition subject to signing of definitive agreements, all necessary corporate approvals, and receipt of relevant regulatory approvals

Updated 20 Dec, 2022 05:10pm

Telecommunication

Veon close to sale of Pakistan tower assets to TPL-TASC Group: report

Acquisition of towers could become Pakistan’s largest deal in more than a decade

Published 16 Dec, 2022 02:53pm

Telecommunication

Internet services now operating normally in Pakistan: PTA

The Pakistan Telecommunication Authority (PTA) on Wednesday said that a fault in a submarine cable, which caused...

Published 30 Nov, 2022 11:25am

Telecommunication

Suspension of DCB payments to Google Play: users, telecom companies at receiving end

Facing a growing liquidity shortage as foreign exchange reserves continue to fall, Pakistan’s central bank has...

Published 26 Nov, 2022 05:47pm

Telecommunication

TPL REIT and TASC Towers submit bid to acquire Telecom Tower Infrastructure Company

TPL REIT says proposed acquisition is being supported by one of the largest national financial institutions

Updated 15 Nov, 2022 07:03pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.80
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
India Sensex / Jan 21	75,838.36
Tokyo Nikkei / Jan 21	39,604.71
Nasdaq / Jan 21	19,756.78
Hang Seng / Jan 21	19,872.36
FTSE 100 / Jan 21	8,548.29
Dow Jones / Jan 21	44,025.81
Germany DAX 30 / Jan 21	21,042

Item	Value
Crude Oil USD/Barrel / Jan 21	75.89
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Gold Spot USD/Ounce / Jan 21	2,749.13
Cotton US¢/pound / Jan 21	67.43
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Jan 22 The Pakistan General Insurance Co. Ltd.(PKGI)	9.46 ▲ 0.96 (11.29%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Calcorp Ltd / Jan 22 Calcorp Limited(CASH)	36.30 ▲ 3.30 (10.00%)
Olympia Mills / Jan 22 Olympia Mills Limited(OML)	39 ▲ 3.35 (9.40%)
Ask.Gen.Insur. / Jan 22 Askari General Insurance Company Limited(AGIC)	32.80 ▲ 2.52 (8.32%)
Rafhan Maize / Jan 22 Rafhan Maize Products Company Limited(RMPL)	9,950 ▲ 755.06 (8.21%)
Hoechst Pak. / Jan 22 Hoechst Pakistan Limited(HPL)	3,300 ▲ 191.48 (6.16%)
Dewan Farooque Sp. / Jan 22 Dewan Farooque Spinning Mills Limited(DFSM)	4.45 ▲ 0.23 (5.45%)
Chenab Ltd (Pref) / Jan 22 Chenab Limited (Pref)(CLCPS)	3.69 ▲ 0.19 (5.43%)

Stock	Price
Ellcot Spinning / Jan 22 Ellcot Spinning Mills Limited(ELSM)	108 ▼ -12.00 (-10.00%)
Khyber Textile / Jan 22 Khyber Textile Mills Limited(KHYT)	475 ▼ -51.08 (-9.71%)
Faisal Sp. / Jan 22 Faisal Spinning Mills Limited(FASM)	340 ▼ -29.90 (-8.08%)
Khalid Siraj / Jan 22 Khalid Siraj Textile Mills Limited(KSTM)	7.50 ▼ -0.50 (-6.25%)
Dandot Cement / Jan 22 Dandot Cement Company Limited(DNCC)	14.25 ▼ -0.73 (-4.87%)
Equity Modaraba / Jan 22 First Equity Modaraba(FEM)	3.40 ▼ -0.14 (-3.95%)
Pakistan Cables / Jan 22 Pakistan Cables Limited(PCAL)	181.01 ▼ -6.63 (-3.53%)
Cordoba Logistics / Jan 22 Cordoba Logistics & Ventures Limited(CLVL)	16.28 ▼ -0.52 (-3.10%)
Adamjee Life Assur. / Jan 22 Adamjee Life Assurance Company Limited(ALIFE)	29.10 ▼ -0.89 (-2.97%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.01
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.02
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	64,227,770 ▲ 0.01
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	53,698,225 ▲ 0.51
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 0.23
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▲ 0.32
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 0.09
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.15
B.O.Punjab / Jan 22 The Bank of Punjab(BOP)	14,838,637 ▼ -0.01