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Forget FY24

In 2021, buckling under the pressure of a rising import bill, soaring inflation, and shrinking reserves, the State...

Published 12 Dec, 2024 08:37am

Business & Finance

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

BR Research

Cars on the cards

A 50 percent increase in volumes should have automobile assemblers writing self-congratulatory notes to themselves,...

Published 22 Nov, 2024 09:06am

Business & Finance

Car sales surge by 24% YoY in September

Backlog deliveries and promotional discounts drive growth

Published 10 Oct, 2024 08:22pm

Markets

Car sales down 36% MoM in July over budgetary measures

Car sales in Pakistan saw a significant month-on-month (MoM) drop in July 2024, plummeting by 36% to 8,589 units,...

Updated 12 Aug, 2024 11:06pm

Business & Finance

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

Honda: Patchy road ahead

Are the dark clouds finally separating for the automobile industry? Even though automobile assemblers, Honda Atlas...

Published 25 Jul, 2024 08:16am

Business & Finance

Car sales in Pakistan surge 12% MoM in April

Car sales in Pakistan increased 12% on a monthly basis in April 2024, as the total number of units sold in the said...

Published 13 May, 2024 11:10pm

Markets

Car sales in Pakistan surge 57% YoY in February

However, during first eight months of fiscal year 2024, total car sales stood at 59,699 units, a 41% decline compared to the same period last year when sales stood at 101,426 units

Updated 12 Mar, 2024 10:35pm

Markets

‘Cars will become more expensive’: automakers decry hike in sales tax

Automakers on Friday lamented the recent government decision to increase sales tax to 25% for the sector, saying the...

Published 16 Feb, 2024 09:51pm

BR Research

Autos’ downward spiral

Very evidently, car buyers have gone into what’s starting to look a lot like a prolonged winter hibernation. In the...

Published 15 Jan, 2024 07:49am

Business & Finance

December: high prices, inflation drag auto sales down 66% in Pakistan

Car companies saw their sales decline significantly – 66% down in December 2023 when compared to sales in December...

Published 11 Jan, 2024 08:28pm

Business & Finance

Passenger car sales in Pakistan plunge 68% YoY in November

Passenger car sales in Pakistan witnessed a steep fall of 68% on a year-on-year (YoY) basis in November 2023, data...

Published 11 Dec, 2023 09:11pm

Business & Finance

Auto vendors’ investments hit hard by supply chain disruptions

LAHORE: The investment of millions of rupees in the latest machinery and infrastructure by local auto vendors is...

Published 01 Dec, 2023 04:43am

BR Research

Autos: Ghosts of markets past

In the days leading up to December, which will mark the end of the calendar year and six months to the fiscal year...

Published 24 Nov, 2023 08:30am

Opinion

The slowdown in real economy

Over the past month, it seems that the feel-good factor has returned. The stock market is in a bullish run and the...

Updated 13 Nov, 2023 12:16pm

Business & Finance

Pakistan’s car sales rise 10% MoM, fall 26% YoY in September

Stand at 8,312 units during the month

Published 11 Oct, 2023 08:47pm

Business & Finance

Pak Suzuki extends shutdown of motorcycle plant

Pak Suzuki Motor Company (PSMC) announced on Thursday that it will extend the shutdown of its motorcycle plant till...

Published 14 Sep, 2023 10:53am

Business & Finance

Pakistan’s car sales jump 49% MoM in August

Car sales in Pakistan witnessed an increase of 49% on a month-on-month (MoM) basis in August 2023, clocking in at...

Published 11 Sep, 2023 08:37pm

Business & Finance

First month of FY24: Car sales down 57% YoY as rising prices suppress demand

Pakistan Automotive Manufacturers Association says only 5,092 units were sold in July

Published 11 Aug, 2023 10:36pm

Technology

China’s steps to boost sales of cars, electronics disappoint market

BEIJING: Chinese authorities announced measures on Friday intended to help boost sales of automobiles and...

Published 21 Jul, 2023 10:11am

Business & Finance

Fiscal year 2022-23: car sales drop 56% due to high prices, low purchasing power

Automobile firms sell 126,879 cars in previous fiscal year

Published 11 Jul, 2023 09:33pm

Business & Finance

Car sales drop to 31-month low in Pakistan

Amount to 10,867 units in January 2023 after 36% month-on-month drop

Published 13 Feb, 2023 10:11pm

Business & Finance

China’s car sales slump 38pc in Jan

SHANGHAI/BEIJING: China’s passenger car sales fell 37.9% in January, an auto industry body said on Wednesday, as...

Published 13 Feb, 2023 05:57am

Business & Finance

China’s car sales down

SHANGHAI/BEIJING: China’s passenger car sales fell 37.9% in January, an auto industry body said on Wednesday, as...

Published 09 Feb, 2023 07:00am

Opinion

Renault considers making mass-market EVs in India

Renault is considering building a mass-market electric vehicle in India, two people with knowledge of the ongoing...

Published 07 Jan, 2023 06:00am

Opinion

China’s economy slows as Xi plans for historic third term

As China’s leaders gather for a crucial party congress, the country is expected on Tuesday to announce some of its...

Published 16 Oct, 2022 03:53am

Business & Finance

Honda Atlas Cars announces week-long plant shutdown

Honda Atlas Cars (Pakistan) Limited, the assembler of Honda automobiles in the country, on Monday announced the...

Published 03 Oct, 2022 05:04pm

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

Business & Finance

Auto sales to increase in May, but a slowdown is right around the corner in Pakistan

JS Research says number for May likely to clock in at 22,700 units

Updated 07 Jun, 2022 09:04pm

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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