Trends - China Evergrande - Business Recorder

China Evergrande

Evergrande’s $500m EV share deal suspended, stock to resume trading

HONG KONG: A share sale plan between China Evergrande New Energy Vehicle Group, the electric-vehicle arm of ...

Published 09 Oct, 2023 06:24am

Markets

China Evergrande shares tumble 25% after wealth management staff detained

HONG KONG: Shares of embattled developer China Evergrande Group plunged 25% on Monday after police detained some...

Published 18 Sep, 2023 09:37am

Business & Finance

China Evergrande set to unveil offshore debt restructuring proposal

HONG KONG: China Evergrande Group is set to unveil on Wednesday a restructuring proposal for its $22.7 billion...

Published 22 Mar, 2023 10:48am

Business & Finance

Troubled China Evergrande pledges to repay debts in 2023

BEIJING: China Evergrande has pledged to repay its debt this year, as the property giant faces a restructuring...

Published 03 Jan, 2023 01:11pm

Business & Finance

China Evergrande says its interests in land in Hong Kong sold for $637m

BEIJING: China Evergrande Group said on Sunday its interests in a plot of undeveloped land for residential...

Published 07 Nov, 2022 06:54am

Business & Finance

Evergrande's offshore shareholders say to seriously consider enforcement actions

HONG KONG: An ad hoc offshore shareholder group of China Evergrande said on Thursday it has seen no substantive...

Published 20 Jan, 2022 01:12pm

Business & Finance

Chinese developer misses major bond repayment of $179m

BEIJING: Another Chinese property developer said Monday it had defaulted on a major bond repayment, citing liquidity...

Published 07 Dec, 2021 06:29am

Markets

Hong Kong shares rise as tech giants Alibaba, Tencent bounced back

HONG KONG: Hong Kong shares edged up on Thursday as tech giants Alibaba and Tencent bounced back after continuous...

Published 26 Nov, 2021 05:15am

Business & Finance

Chinese city eases rules for developers amid cash crunch

BEIJING: The Chinese city of Chengdu has announced measures to make it easier for developers to sell properties,...

Published 26 Nov, 2021 05:15am

Business & Finance

Chinese developer Kaisa halts trading

BEIJING: Chinese developer Kaisa Group suspended trading in its Hong Kong-listed shares Friday, raising concerns...

Published 08 Nov, 2021 05:19am

Markets

Most markets rise in Asia, with central bank meetings in focus

HONG KONG: Asian markets mostly rose Tuesday as traders bided their time ahead of key central bank meetings this ...

Published 02 Nov, 2021 09:29am

Business & Finance

Aussie, kiwi rally stalls

SINGAPORE: The Australian and New Zealand dollars paused a sparkling rally on Friday as commodity prices cooled and...

Published 23 Oct, 2021 04:01am

Markets

Japanese shares reverse early gains ahead of new government formation

TOKYO: Japanese shares reversed early gains on Monday as caution ahead of the formation of a new government and...

Published 04 Oct, 2021 11:20am

Markets

Hong Kong shares open lower

HONG KONG: Hong Kong stocks fell at the start of trade Monday morning with investors keeping a wary eye on...

Published 04 Oct, 2021 09:46am

World

China power crunch spreads, shutting factories and dimming growth outlook

BEIJING: Widening power shortages in China have halted production at numerous factories including many supplying...

Published 28 Sep, 2021 12:07am

Markets

Philippine stocks cheer record low rates, virus spike hits Singapore

Equities in the Philippines outshone their emerging Asian peers on Friday after its central bank kept interest rates...

Published 24 Sep, 2021 12:33pm

World

Evergrande domestic debt deal calms immediate contagion concern

SINGAPORE/SHANGHAI: China Evergrande agreed to settle interest payments on a domestic bond on Wednesday, while the...

Published 23 Sep, 2021 04:35am

Markets

Evergrande’s assurance lifts property stocks; China’s blue-chips fall

SHANGHAI: Chinese blue-chips fell on Wednesday when the market resumed trade after a holiday, led by banking and...

Published 23 Sep, 2021 04:35am

Markets

Asian markets stabilise after rout but Evergrande fears linger

HONG KONG: Equities fluctuated in Asia on Tuesday, with investors nervously keeping an eye on troubled property ...

Published 21 Sep, 2021 10:14am

Markets

Safety flows extend dollar rally ahead of Fed

In trade thinned by holidays in Japan, China and South Korea, the euro fell 0.1% to $1.1710, its lowest since late August

Published 20 Sep, 2021 11:18am

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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China Evergrande

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