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banking industry

1H’24: NBP records total income of Rs96.8bn, up 5.1pc YoY

KARACHI: The Board of Directors of National Bank of Pakistan “NBP” “the Bank” met on August 28 to approve the...

Updated 30 Aug, 2024 04:18pm

Business & Finance

Faysal Bank’s profit surges 60%, clocks in at Rs7bn in Apr-June

Faysal Bank posted a consolidated profit after tax of Rs6.95 billion for the quarter ended June 30, 2024, nearly 60%...

Updated 28 Aug, 2024 04:58pm

Business & Finance

JS Bank records 678% jump in consolidated profit in 2QCY24

JS Bank Limited (JSBL) posted massive earnings of Rs5.5 billion during the quarter ending June 30, 2024, up over...

Published 27 Aug, 2024 01:14pm

Business & Finance

Bank Alfalah’s profit jumps 53% in 2QCY24, clocks in at Rs12bn

Despite lower net interest income, Bank Alfalah saw its consolidated profit jump to Rs12 billion during the quarter...

Published 01 Aug, 2024 03:09pm

Business & Finance

Banks allowed to charge off fully provisioned NPLs

KARACHI: The State Bank of Pakistan (SBP) has allowed the banks to charge off the fully provisioned corporate,...

Updated 24 Jul, 2024 08:59am

BR Research

Favoured or just lucky?

When it comes to savings, the public sector loves to stick to their own kind. According to a review of annual...

Published 09 Apr, 2024 08:34am

BR Research

Rising textile NPLs: who is on the hook?

Not all commercial banks are created equals. And some are certainly better capitalized than others. As the economy...

Published 04 Apr, 2024 06:10am

Business & Finance

Mobilink Bank witnesses 72pc revenue growth

KARACHI: Mobilink Bank achieved multiple financial milestones in 2023, solidifying its position in the banking...

Published 23 Feb, 2024 06:36am

SBP launches ‘SUNWAI’ portal to address complaints

KARACHI: The State Bank of Pakistan (SBP) has launched “SUNWAI”- a facilitative portal for consumer to address their...

Updated 30 Dec, 2023 09:22am

Banking institutions asked to strengthen financial inclusion, gender equality

KARACHI: President Dr Arif Alvi Monday asked the banking institutions to take measures to further strengthening...

Updated 29 Aug, 2023 08:40am

Fed officials spar over banking reform in rare open meeting

WASHINGTON: Members of the US Federal Reserve’s governing body voiced disagreements over proposed changes to...

Updated 29 Jul, 2023 09:33am

Opinion

Unmasking regressive banking

In today’s fast-paced world marked by technological advancements and social progress, the banking industry has...

Published 21 Jun, 2023 06:00am

Pakistan

Women’s Day: Need stressed for increasing number of women in banking industry

KARACHI: The banking industry is required to increase the proportion of female staffers in banks to 20 percent under...

Published 09 Mar, 2023 06:23am

Business & Finance

NIBAF, CFASP sign MoU

KARACHI: National Institute for Banking and Finance (NIBAF) and CFA Society Pakistan (CFASP) signed a Memorandum of...

Published 28 Jan, 2023 07:21am

Opinion

Super tax on banking industry – is it wise?

Demanding higher returns on government treasury bills is nothing unusual. It is the right of the banks (and in fact...

Published 18 Aug, 2022 05:27am

Large-scale industry: Govt announces 10pc supertax to clinch IMF deal

Says this would take the country towards economic sovereignty and self-reliance

Updated 25 Jun, 2022 09:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	155.22
USD to Swiss Franc / Dec 18	0.90
Pound Sterling to USD / Dec 18	1.26
Euro to USD / Dec 18	1.04

Stock	Volume
S&P 500 / Dec 18	5,872.16
India Sensex / Dec 18	79,372.61
Tokyo Nikkei / Dec 18	38,741.83
Nasdaq / Dec 18	19,392.69
Hang Seng / Dec 18	19,666.12
FTSE 100 / Dec 18	8,199.11
Dow Jones / Dec 18	43,326.87
Germany DAX 30 / Dec 18	20,242.57

Item	Value
Crude Oil USD/Barrel / Dec 18	70.19
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold 10 Grams PKR / Dec 18	241,945.20
Gold Spot USD/Ounce / Dec 18	2,609.22
Cotton US¢/pound / Dec 18	68.06
Petrol/Litre / Dec 19	252.10

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / Dec 19 First Al-Noor Modaraba(FANM)	3.79 ▲ 0.56 (17.34%)
S.G.Power / Dec 19 S.G. Power Limited(SGPL)	10.17 ▲ 1.00 (10.91%)
Popular Islamic / Dec 19 Popular Islamic Modaraba(PIM)	13.48 ▲ 1.23 (10.04%)
Attock Cement / Dec 19 Attock Cement Pakistan Limited(ACPL)	285.20 ▲ 25.93 (10.00%)
Data Agro / Dec 19 Data Agro Limited(DAAG)	153.16 ▲ 13.92 (10.00%)
Liven Pharma / Dec 19 Liven Pharma Limited(LIVEN)	77.33 ▲ 7.03 (10.00%)
Oilboy Energy / Dec 19 Oilboy Energy Limited(OBOY)	12.65 ▲ 1.15 (10.00%)
Pak Datacom / Dec 19 Pak Datacom Limited(PAKD)	114.33 ▲ 10.39 (10.00%)
Sardar Chemical / Dec 19 Sardar Chemical Industries Limited(SARC)	37.95 ▲ 3.45 (10.00%)

Stock	Price
LSE Financial Serv. / Dec 19 LSE Financial Services Limited(LSEFSL)	18.06 ▼ -2.01 (-10.01%)
Sindh Abadgar / Dec 19 Sindh Abadgar's Sugar Mills Limited(SASML)	40.47 ▼ -4.50 (-10.01%)
First Tri-Star Mod. / Dec 19 First Tri-Star Modaraba(FTSM)	12.60 ▼ -1.40 (-10.00%)
Olympia Mills / Dec 19 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Trust Sec.& Brok. / Dec 19 Trust Securities & Brokerage Limited(TSBL)	9.55 ▼ -1.00 (-9.48%)
Nazir Cotton Mills / Dec 19 Nazir Cotton Mills Limited(NCML)	11.51 ▼ -1.20 (-9.44%)
AL-Noor Sugar / Dec 19 Al-Noor Sugar Mills Limited(ALNRS)	81 ▼ -8.35 (-9.35%)
Hoechst Pak. / Dec 19 Hoechst Pakistan Limited(HPL)	2,506 ▼ -252.82 (-9.16%)
Mari Petroleum / Dec 19 Mari Petroleum Company Limited(MARI)	663 ▼ -65.78 (-9.03%)

Stock	Volume
WorldCall Telecom / Dec 19 Worldcall Telecom Limited(WTL)	139,290,885 ▼ -0.04
Cnergyico PK / Dec 19 Cnergyico PK Limited(CNERGY)	67,462,895 ▼ -0.14
B.O.Punjab / Dec 19 The Bank of Punjab(BOP)	60,162,802 ▼ -0.14
Pak Refinery / Dec 19 Pakistan Refinery Limited(PRL)	54,507,413 ▼ -0.03
Pak Elektron / Dec 19 Pak Elektron Limited(PAEL)	50,144,684 ▲ 0.62
K-Electric Ltd. / Dec 19 K-Electric Limited(KEL)	46,773,842 ▼ -0.11
Sui South Gas / Dec 19 Sui Southern Gas Company Limited(SSGC)	41,964,816 ▲ 2.60
Aisha Steel Mill / Dec 19 Aisha Steel Mills Limited(ASL)	36,868,206 ▲ 0.16
Fauji Foods Ltd / Dec 19 Fauji Foods Limited(FFL)	21,856,915 ▼ -0.17

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