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auto sector

Month-on-month: car sales in Pakistan down 22% in November due to year-end effect

Car sales in Pakistan fell by 22% month-on-month (MoM) in November 2024, totaling 10,163 units, stated a report by...

Updated 10 Dec, 2024 09:32pm

Business & Finance

Pakistan’s first electric SUV Seres 3 unveiled

KARACHI: Regal Automobiles Industries Limited, a trailblazer in Pakistan’s automotive sector, has made history ...

Published 02 Dec, 2024 06:04am

Business & Finance

Servers crash, data corrupted as cyber-attack hits Dewan Farooque Motors Limited

Dewan Farooque Motors Limited (DFML) said its corporate data “have been corrupted badly” while “IT servers crashed”...

Updated 29 Nov, 2024 10:36pm

Opinion

Aspiring for a thriving automotive sector

It was early morning, with the sweet sound of birds and the freshness of the air. After taking a bath, I opened the...

Updated 28 Nov, 2024 06:46am

Business & Finance

Indus Motor, Ghandhara Tyre temporarily halt production

Amid challenges in the country’s auto sector, including material shortage and operational adjustments, two prominent...

Updated 26 Nov, 2024 08:45pm

Business & Finance

Honda Atlas Cars’ profit-after-tax down 62% YoY in Jul-Sep

Despite an increase in sales, the profit-after-tax (PAT) of Honda Atlas Cars (Pakistan) Limited (HCAR) declined...

Updated 22 Nov, 2024 10:50pm

Business & Finance

Six manufacturers to participate in Automechanika Dubai

KARACHI: Six Pakistani exhibitors will present the latest innovations in the auto industry at the renowned...

Published 21 Nov, 2024 07:46am

EV policy draft finalised: minister

ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain on Wednesday announced that the draft...

Updated 21 Nov, 2024 02:37pm

Business & Finance

Sazgar Engineering plans Rs1.5bn land purchase for future expansion

Sazgar Engineering Works Limited (SAZEW), a Pakistani auto manufacturer, has announced plans to purchase land valued...

Updated 14 Nov, 2024 08:52pm

EV charging tariff delay: Govt apathy hits investors and consumers

ISLAMABAD: The government’s apathy towards determination of new tariff to set up Electric Vehicles (EVs) charging...

Updated 14 Nov, 2024 09:23am

Markets

Electric Vehicle policy to be announced by end of November: Tanveer

Minister for Industries and Production Rana Tanveer Hussain said on Wednesday that the Electric Vehicle (EV) Policy...

Updated 06 Nov, 2024 07:10pm

Markets

Indus Motor temporarily halts operations citing inventory shortage

Indus Motor Company (INDU), the manufacturer/assembler of Toyota vehicles in Pakistan, has announced to suspend its...

Updated 28 Oct, 2024 10:16pm

Business & Finance

Indus Motor Company’s profit up 58% at Rs5.09bn in 1QFY25

Indus Motor Company (IMC) reported a profit of Rs5.09 billion for the quarter ended September 30, 2024 (1QFY25), an...

Updated 28 Oct, 2024 12:11pm

Business & Finance

PAAPAM concludes PAPS 2024 successfully

LAHORE: The Pakistan Auto Parts Show (PAPS) 2024, hosted by the Pakistan Association of Automotive Parts and...

Published 28 Oct, 2024 08:05am

Business & Finance

PAAPAM holds pre-show press conference to announce PAPS 2024

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) recently held a...

Published 24 Oct, 2024 06:49am

Business & Finance

Mega Motor inks agreement: BYD vehicles to enter Pakistan

KARACHI: Mega Motor Company, an associated company of The Hub Power Company Limited, has entered into a Master ...

Published 18 Oct, 2024 06:10am

Business & Finance

Pakistan’s Mega Motor secures key partnership with global EV giant BYD

Mega Motor Company (Private) Limited, a subsidiary of The Hub Power Company Limited (HUBCO), has announced a...

Updated 17 Oct, 2024 11:24pm

Business & Finance

eTurbo launches fastest, most economical EV motorcycles

KARACHI: eTurbo Motors has set a new benchmark in Pakistan’s electric vehicle (EV) industry with the launch of the...

Updated 17 Oct, 2024 08:16am

Business & Finance

Pak Suzuki to discontinue its Bolan, launch ‘Every’ in Pakistan

Pak Suzuki Motor Company has formally announced the launch of its new model ‘Every’, ending decades-long production...

Published 11 Oct, 2024 03:31pm

Business & Finance

Regal Automobiles gets nod to manufacture Pakistan’s first electric SUV, price set at Rs8.399mn

Becomes second four-wheel carmaker to receive licence from Engineering Development Board for electric vehicles

Published 07 Oct, 2024 10:08pm

Technology

Air Link CEO confirms company has imported 2 units of Xiaomi SU7, but talk of assembly plant premature

KARACHI: Air Link Communication CEO Muzzaffar Hayat Piracha confirmed that the company has imported two units of the...

Updated 04 Oct, 2024 11:01am

Business & Finance

Pakistan’s HUBCO plans to enter lithium mining, battery manufacturing

Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), has announced plans to enter...

Updated 30 Sep, 2024 10:53pm

Technology

Attock Petroleum plans to expand network of EV charging stations across Pakistan

Attock Petroleum Limited (APL) has said that it plans to set up further electric vehicle (EV) charging stations...

Published 26 Sep, 2024 02:01pm

Business & Finance

Indus Motor temporarily halts production citing material shortage

Indus Motor Company (INDU) has announced the shutdown of its plant for five days citing low inventory and a shortage...

Updated 25 Sep, 2024 07:05pm

National Electric Vehicle policy expected in one month

ISLAMABAD: The Steering Committee on Electric Vehicles (EV) has decided to finalise the National Electric Vehicle...

Updated 25 Sep, 2024 09:14am

Business & Finance

New Energy Vehicles: Sazgar Engineering gears up for local assembly in Pakistan by Dec 2025

Sazgar Engineering Works Limited (SAZEW), a Pakistani auto manufacturer, on Monday announced its plans to launch New...

Updated 23 Sep, 2024 10:24pm

Technology

Pakistan’s first locally produced electric car to hit the road in December

Pakistan’s first locally produced four-wheeled electric vehicle (EV) is set to hit the market in December. The...

Updated 14 Sep, 2024 03:57pm

Business & Finance

Dewan Farooque Motors (DFML) starts EV production after EDB’s approval

Dewan Farooque Motors Limited (DFML) said on Tuesday that it has commenced production of electric vehicle (EVs) at...

Updated 10 Sep, 2024 10:57pm

Business & Finance

Despite auto sector’s slowdown, Indus Motor Company’s profit up 56% at Rs15.07bn in FY24

Indus Motor Company (IMC) reported a profit of Rs15.07 billion for the fiscal year that ended June 30, 2024 (FY24),...

Updated 02 Sep, 2024 10:37pm

Markets

Indus Motor to invest another Rs1.1bn ‘for additional localization’

Indus Motor Company Limited (INDU) announced that its board has approved an additional investment of Rs1.1 billion...

Updated 02 Sep, 2024 04:33pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6 ▲ 0.85 (16.50%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.81 ▲ 0.90 (15.23%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)
Pak. P.V.C. / Dec 23 Pakistan PVC Limited(PPVC)	10.70 ▲ 1.00 (10.31%)

Stock	Price
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	13.87 ▼ -1.47 (-9.58%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	14.25 ▼ -1.26 (-8.12%)
S.G.Power / Dec 23 S.G. Power Limited(SGPL)	10.32 ▼ -0.87 (-7.77%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.11
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	59,964,928 ▲ 0.90
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.12
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.38
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.49
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	37,550,380 ▲ 1.86
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	34,913,364 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	31,730,495 ▲ 2.49
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.22

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