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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

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

China’s BYD partners with Mega Motor to launch ‘NEV’

KARACHI: Chinese automotive giant BYD is poised to make its official entry into the Pakistani market, with a grand...

Updated 06 Aug, 2024 01:28pm

BR Research

Honda floating

Looking at the financial statement of Honda Atlas Cars (PSX: HCAR), one wonders, how did the company manage to raise...

Published 29 May, 2024 06:37am

‘Forced’ export of cars: Japan threatens to move WTO

ISLAMABAD: In a surprise move, Japanese government threatened Pakistan to take the case for forcing its three car...

Updated 08 Apr, 2024 09:55am

Pakistan, Russia, CARs: meeting on UAP rail plan likely on April 23-24

ISLAMABAD: A high-level meeting of Pakistan, Russia, and Central Asian Republics (CARs) is likely to be held on...

Updated 05 Apr, 2024 09:03am

Pakistan

Cars, bikes: Excise dept starts registration for online auction of new series

LAHORE: The Punjab Excise and Taxation Department has st arted registration for online auction of new series of...

Published 04 Jan, 2024 05:41am

BR Research

Autos: Winter is coming

Warning bells had been wrung. Automakers were keeping shutters down on their production facilities and imported CKD...

Published 13 Dec, 2023 09:09am

BR Research

Autos: Demand-side now in play

Continued and persistent supply restrictions facing automobile assemblers importing vital raw materials in order to...

Published 04 Oct, 2023 08:51am

Supplements

Regional Connectivity – Opportunities, Challenges & Way Forward

TEXT: The fall of the erstwhile Soviet Union and the emergence of the Central Asian Republics (CARs) around three...

Published 14 Jul, 2023 06:23am

BR Research

The rich and the resilient

Pricier cars becoming more uneconomical, mounting cost of borrowing at prevailing kibor rates close to 23 percent,...

Updated 13 Jul, 2023 10:11am

Business & Finance

China unveils $72bn tax break for green cars to spur demand

BEIJING/SHANGHAI: China unveiled on Wednesday a 520 billion yuan ($72.3 billion) package to boost sales of electric...

Published 26 Jun, 2023 06:38am

Opinion

The grim challenge of import addiction

We are addicted to foreign goods. As a child I remember hankering for foreign chocolates and toffees, as an adult I...

Updated 27 Apr, 2023 07:06am

BR Research

Auto: Hiding in plain sight

If there ever was a doubt that there is significant latent demand for cars in Pakistan, March of this fiscal year...

Published 13 Apr, 2023 05:43am

Pakistan

People in capital deprived of 89 motorbikes, 16 cars and 55 mobiles by criminals

ISLAMABAD: As many as 175 incidents of street crime were reported to police accordingly people were deprived of 89...

Published 09 Apr, 2023 06:31am

Business & Finance

MG Pakistan to host vintage show of classic cars

KARACHI: To mark the auspicious occasion of its 99-year-old legacy, MG Pakistan is celebrating by hosting a vintage...

Published 11 Feb, 2023 08:05am

Business & Finance

Nissan to buy up to 15pc stake in Renault EV unit

LONDON: Japanese car maker Nissan will buy a stake of up to 15% in Renault’s electric vehicle (EV) unit Ampere, ...

Published 07 Feb, 2023 06:07am

Opinion

At CES tech mega-show, driverless cars show promise, limitations

Crowds of techies will descend on Las Vegas this week for the annual CES technology mega-show, but one innovation ...

Published 05 Jan, 2023 05:58am

Business & Finance

EV maker Vinfast files for US IPO

BENGALURU: Vietnam-based electric-vehicle maker VinFast said on Tuesday it has filed for an initial public offering...

Published 12 Dec, 2022 06:07am

Business & Finance

Porsche set to join Germany’s prestigious DAX index

BERLIN: Less than three months after a high-profile stock market debut, luxury carmaker Porsche is set to join...

Published 12 Dec, 2022 06:07am

CARs: ADB lists barriers to trade flows

ISLAMABAD: Pakistan has borders with only two CAREC members - Afghanistan and the PRC - limiting the trade flows ...

Updated 09 Dec, 2022 04:18pm

Business & Finance

Auto Policy 2016-21: Local car assembling capacity jumps to 0.5m units per year: EDB CEO

ISLAMABAD: Pakistan’s local car assembling capacity per year has increased from 270,000 units to 500,000 within ...

Updated 01 Dec, 2022 11:48am

Business & Finance

Dewan Farooque Motors says it has entered into agreement with KIA Corp to assemble its vehicles in Pakistan

Dewan Farooque Motors Limited (DFML) announced on Monday that it has entered into a Technology License Agreement...

Updated 07 Nov, 2022 06:42pm

Business & Finance

Honda Atlas puts off its plan to launch HR-V in Pakistan

Decision comes as auto industry continues to struggle with restrictions on imports

Published 28 Sep, 2022 08:13pm

Pakistan

Pakistan to construct Pak-Afghan railway track connecting CARs

ISLAMABAD: To connect with the Central Asian Republics (CARs), Pakistan is seriously considering the construction of...

Published 24 Sep, 2022 03:49am

Business & Finance

Auto part vendors want 51% increase in quota for import of CKD parts

Say it will avoid supply chain disruption in auto industry, streamline matters in line with the government’s policy

Updated 17 Sep, 2022 11:03am

BR Research

Baluchistan Wheels Limited

Baluchistan Wheels Limited (PSX: BWHL) was established in 1980 with technical collaboration of GKN Sankey Limited,...

Published 16 Sep, 2022 08:25am

Business & Finance

Pak Suzuki showcases its premium automobiles at PAPS 2022

Pak Suzuki showed its premium automobiles with several features at the 2022 Pakistan International Auto Show (PAPS)...

Published 01 Aug, 2022 04:56pm

Business & Finance

Indus Motor Company massively increases car prices across entire lineup

Hikes rates by as much as Rs3.16mn due to rupee depreciation, imposition of taxes

Updated 29 Jul, 2022 11:39pm

Business & Finance

Pak Suzuki dismisses rumours over relaunching Mehran

Social media abuzz with rumours company was looking to restart production of vehicle that was discontinued during FY19

Updated 25 Jun, 2022 10:15pm

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	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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