Trends - automotive industry - Business Recorder

automotive industry

Honda Atlas plans to enter hybrid cars market at CAPEX of Rs5bn: report

Honda Atlas Cars Limited (HCAR) has shared its plan to soon enter the hybrid market in Pakistan – possibly with the...

Published 25 Jul, 2024 09:19pm

BR Research

Exide Pakistan Limited

Exide Pakistan Limited (PSX: EXIDE) was incorporated in Pakistan as a private limited company in association with...

Published 23 Jul, 2024 08:01am

BR Research

Autos: Unpromising!

In two more months, the automotive industry would have reached the half-way point into the fiscal year that is FY24,...

Published 16 Nov, 2023 08:39am

Business & Finance

2023 a challenging year for automotive industry: ‘Major OEMs are experiencing 55pc drop in volumes’

KARACHI: The financial year 2023 has brought significant challenges to Pakistan’s automotive industry, with original...

Updated 09 Sep, 2023 09:29am

BR Research

The reckoning

Automotive industry is large enough and auto OEMs are making enough profits for analysts to talk about it endlessly....

Published 18 Aug, 2023 08:38am

Business & Finance

Automobile sector contracts 42.48%, reveals Economic Survey 2022-23

With exception of buses, significant decline was seen in productivity of all sub-sectors

Published 08 Jun, 2023 08:58pm

Business & Finance

PAMA urges govt not to amend basis of withholding tax

Reacts to reports that govt will change basis of WHT from engine-size of cars to invoice price

Published 02 Jun, 2023 06:49pm

Business & Finance

Pakistan’s automotive care startup Okayker Secures $700,000 in seed funding

Company says multiple angel investors have taken interest in its fund-raising

Published 01 Jun, 2023 05:38pm

BR Research

Car drought

Volumes across the automotive industry (excluding Kia and Changan) have dropped 38 percent in the first half of the...

Published 16 Jan, 2023 09:27am

BR Research

It’s a tale as old as time!

At the current pace, the automotive industry volumes will shrink to less than 160,000 units by the end of FY23, a...

Published 12 Jan, 2023 07:58am

Business & Finance

MG Motors Pakistan to start selling locally-assembled HS Essence at Rs6.9mn

Company official says bookings started on Dec 12, delivery expected from January

Published 13 Dec, 2022 10:21am

BR Research

Autos break down

Lower demand is what this government desires. By hook or by crook. In the automotive industry, whether demand is ...

Published 21 Oct, 2022 08:44am

BR Research

Auto: Turn off the ignition!

September did not bring glad tidings after all for the automotive industry—though not unexpectedly by any means....

Published 14 Oct, 2022 08:54am

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

BR Research

Auto: Flailing volumes

FY22 is not panning out very well for the automotive industry. This was anticipated early on as overall inflation,...

Published 19 Sep, 2022 08:31am

Business & Finance

Pak Suzuki cuts car prices by up to Rs199,000

Company decreases rates owing to steep rupee appreciation

Updated 16 Aug, 2022 08:19pm

BR Research

Auto: mighty fall

Automotive volumes expectedly plunged over 50 percent in Jul-22 compared to the same month of last year, recording...

Published 16 Aug, 2022 08:59am

Markets

KSE-100 closes with trimmed gains, settles near 42,500

Drop in oil prices, expected inflows from the UAE and IMF lift sentiment

Published 10 Aug, 2022 08:43pm

Trade war with China could cost Germany six times as much as Brexit: Ifo

Automotive industry, manufacturers of transport equipment, mechanical engineering sectors to be biggest losers of trade war

Updated 11 Aug, 2022 10:39am

Business & Finance

Japan’s Renesas, India’s Tata Motors partner to develop chip solutions

NEW DELHI: Japanese chipmaker Renesas Electronics Corp and India’s Tata Motors have formed a strategic partnership...

Published 30 Jun, 2022 07:46am

Business & Finance

BMW starts production at new $2.2bn China plant to ramp up EV output

SHANGHAI: Germany’s BMW said on Thursday that production has formally begun at a new plant in China with an...

Published 23 Jun, 2022 11:37am

BR Research

Autos: Post-growth

Based on 11M volumetric sales, the automotive industry is set to register a more than reasonable growth this fiscal...

Published 22 Jun, 2022 09:31am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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