Trends - Auto financing - Business Recorder

Auto financing

Pump your breaks

For the first time in over 2 years, net borrowing for auto financing has become positive implying that banks have...

Published 23 Oct, 2024 08:39am

BR Research

Taking a break

It has been over 2 years—25 months to be exact—since net bank loans for consumer vehicles turned crimson. This...

Published 26 Aug, 2024 08:10am

Markets

Auto financing dips for eighth consecutive month

Factors for the decline include massive hike in car prices, soaring interest rates and plant shutdowns of various assemblers

Published 21 Mar, 2023 04:03pm

Business & Finance

Auto financing portfolio drops for fifth straight month

Amount of outstanding auto financing decreased for the fifth consecutive month at the end of November, data released...

Published 12 Jan, 2023 07:09pm

Business & Finance

Import restrictions on CKD auto parts: car assemblers operating ‘just 5-9 days per month’

PAMA urges government to ease import restrictions

Published 21 Sep, 2022 07:34pm

Business & Finance

Auto financing falls in August

Outstanding consumer financing for transport, which includes purchase of cars etc, stood at Rs353 billion as of...

Published 20 Sep, 2022 04:01pm

BR Research

Auto financing fades!

Car buyers are seemingly no longer knocking on bank doors for auto loans given the upward trajectory of interest...

Published 27 Jun, 2022 09:25am

Business & Finance

Auto financing for consumers: SBP reduces loan tenure as import bill bites

As the country battles a bulging import bill, the State Bank of Pakistan (SBP) reduced on Tuesday the consumer...

Published 24 May, 2022 02:30pm

BR Research

Auto financing: Out!

Nothing could be more astonishing than the ability of the Pakistani consumer to absorb the exorbitant increase in ...

Published 16 May, 2022 06:14am

Business & Finance

Auto financing drops marginally month-on-month

Amounts to Rs352bn at end of January 2022

Updated 19 Feb, 2022 08:15pm

Looking Back 2021

Autos: New Year (warning) bells

December numbers are not available yet, but by November, cumulative auto sales (including passenger cars, LCVs and...

Published 30 Dec, 2021 07:16am

Business & Finance

Auto financing in Pakistan reaches Rs349bn, but growth slows

Auto financing in Pakistan maintained its upwards trajectory, reaching an all-time high at Rs349 billion in November...

Published 21 Dec, 2021 05:34pm

Pakistan

Auto-financing: SCB, TPL Trakker collaborate

KARACHI: Standard Chartered Bank (Pakistan) has partnered with TPL Trakker for Tracking, Telematics, Mapping and...

Published 17 Nov, 2021 04:22am

BR Research

Auto financing: SBP’s surgical strike!

Economic managers in the country are putting their heads together to try and curtail growing imports. The first line...

Published 30 Sep, 2021 07:25am

BR Research

INDU: Profits in a pandemic!

Indus Motor (PSX: INDU) is no longer in lockdown—whether it is from the government instated shutters-down on...

Published 30 Apr, 2021 07:35am

Business & Finance

Auto Financing in Pakistan reach a record high of of Rs285bn in March 2020

Auto financing in the country has also witnessed an all time high with a monthly increase of Rs 12 billion during the month of March 2021.
This increase in car financing can be attributed to a decrease in interest rates to 7 percent in March 2021 as compared to 13.5 in the same month last year.

Updated 21 Apr, 2021 07:59pm

BR Research

New ways of the new age

This car financing mode has proven to be successful in giving more and more people from different socio-economic classes the power of buying and eventually owning a new car.
One of the major automobile OEM is offering special financing deal on All New Alto AGS & WagonR VXL, you will be saving up to Rs. 159,577* on the complete amount.

Updated 10 Mar, 2021 02:26pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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