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Commerzbank

Commerzbank CEO focused on standalone strategy amid UniCredit interest

WASHINGTON: Commerzbank CEO Bettina Orlopp said on Friday that the lender was focusing on its standalone strategy,...

Published 25 Oct, 2024 08:48pm

Business & Finance

Commerzbank would lose clients in UniCredit merger, German lender’s CEO says

FRANKFURT: Commerzbank and UniCredit did not discuss a merger at a recent meeting, the German lender’s CEO Bettina...

Published 07 Oct, 2024 11:51am

Business & Finance

UniCredit’s rating might top Italy’s if it buys Commerzbank, Moody’s says

MILAN: Moody’s would consider hiking UniCredit’s credit rating one notch above Italy’s sovereign rating if it bought...

Published 02 Oct, 2024 01:25pm

Business & Finance

Commerzbank, UniCredit to meet Friday morning, source says

FRANKFURT: A meeting between bankers from Commerzbank and UniCredit will be held virtually on Friday morning, a...

Published 27 Sep, 2024 01:45pm

Business & Finance

Commerzbank boards confirm independent strategy as UniCredit seeks possible tie-up

FRANKFURT: Commerzbank’s supervisory and management boards have unanimously confirmed the bank’s current strategy of...

Published 26 Sep, 2024 01:54pm

Markets

European shares end higher, Commerzbank dips

PARIS: European shares closed higher on Monday as a soft business activity reading strengthened the case for more...

Published 24 Sep, 2024 03:28am

Business & Finance

Unicredit, Commerzbank merger would add value for all stakeholders, Orcel tells Handelsblatt

BERLIN: A merger of Italy’s Unicredit and Germany’s Commerzbank would add value for all stakeholders and create a...

Published 16 Sep, 2024 10:59am

Business & Finance

Commerzbank opens Lithuania office in bid to boost Baltic connection

BERLIN: Commerzbank will open a representative office in Lithuania from December this year designed to operate as a...

Published 21 Aug, 2024 02:08pm

Business & Finance

Commerzbank seeks share buyback, confirms annual outlook as Q2 profit dips

FRANKFURT: Germany’s Commerzbank said on Wednesday that it was planning a 600-million-euro ($654.48 million) share...

Published 07 Aug, 2024 11:42am

Markets

European shares end lower as earnings whirlwind disappoints

PARIS: European shares closed lower on Wednesday, dampened by luxury stocks after dour results from LVMH weighed on...

Published 25 Jul, 2024 06:35am

Markets

South African rand stable, focus on unity government talks

JOHANNESBURG: The South African rand was little changed in early trading on Wednesday, as investors waited for...

Published 12 Jun, 2024 01:18pm

Business & Finance

Commerzbank reports better-than-expected 29% rise in Q1 profit

FRANKFURT: Germany’s Commerzbank posted a better-than-expected 29% rise in first-quarter net profit on Wednesday,...

Published 15 May, 2024 12:29pm

Markets

European stocks dragged down by healthcare

PARIS: European stocks made a downbeat start to the second quarter, pressured by healthcare shares, while investors...

Published 03 Apr, 2024 05:29am

Markets

French, German stocks sprint to record high on earnings cheer

PARIS: European shares rose on Thursday as upbeat corporate earnings pushed French and German stocks to a record...

Published 16 Feb, 2024 06:02am

Markets

Euro zone yields edge up from multi-month lows as markets bet on March ECB rate cut

LONDON: Euro zone government bond yields edged higher on Monday after earlier touching multi-month lows as market...

Published 04 Dec, 2023 05:54pm

Markets

Gold leaps above $2,000 as dollar weakens on Fed pause bets

LONDON: Gold rose over the key $2,000 level on Friday, logging its second consecutive weekly gain, see-sawing ...

Published 26 Nov, 2023 03:31am

Business & Finance

Commerzbank Q3 net profit more than triples, beats expectations

FRANKFURT: Germany’s Commerzbank said on Wednesday that net profit more than tripled in the third quarter, better...

Published 08 Nov, 2023 11:34am

Business & Finance

Gazprom subsidiary files lawsuits against Deutsche Bank, Commerzbank

MOSCOW: RusKhim-Alyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits seeking a total of 31 billion...

Published 05 Jul, 2023 06:00am

Business & Finance

German economy entered recession in Q1

BERLIN: The German economy contracted in the first quarter of 2023 compared with the previous three months, thereby...

Published 25 May, 2023 12:16pm

World

Germany’s 2022 inflation drops one point to 6.9% after changes to index

BERLIN: Germany’s new 6.9% inflation reading for 2022 is one point lower than previously reported due to revisions...

Published 22 Feb, 2023 04:43pm

Markets

Commerzbank sees 2023 profit ‘well above’ 2022 despite challenges

FRANKFURT: Germany’s Commerzbank said on Thursday that net profit rose a better-than-expected 12% in the fourth...

Published 16 Feb, 2023 01:05pm

Markets

Arabica coffee falls

LONDON: Arabica coffee futures on ICE fell to a 14-month low on Friday, pressured by an improving outlook for next...

Published 30 Oct, 2022 03:57am

Markets

Oil prices rise on signals Opec might cut output

NEW YORK: Oil prices ended higher on Friday, boosted by signals from Saudi Arabia that OPEC could cut output, but...

Published 28 Aug, 2022 06:10am

Markets

Commerzbank, helped by rates, swings to bigger-than-expected Q2 profit

FRANKFURT: Germany’s Commerzbank swung on Wednesday to a bigger-than-expected second-quarter net profit, helped by...

Published 03 Aug, 2022 11:26am

Markets

OPEC+ meeting to test Biden’s Saudi oil entreaty

VIENNA: The OPEC+ group of major oil exporters meets Wednesday to discuss its output strategy after US President Joe...

Published 03 Aug, 2022 09:37am

Markets

Germany’s Bund yield at 2-month lows as recession fears nag

LONDON: Germany’s benchmark 10-year bond yield fell to a two-month low on Tuesday, with concerns about a sharp...

Published 26 Jul, 2022 01:17pm

Markets

Industrial metals tumble as dollar rises and growth slows

LONDON: Industrial metals prices fell sharply on Thursday as markets braced for rapid interest rate rises that will...

Published 15 Jul, 2022 06:20am

Business & Finance

German lender Commerzbank says it will stay in Russia

FRANKFURT: Commerzbank, Germany’s second-biggest lender, said on Thursday it would not part ways with its Russian...

Published 12 May, 2022 06:59pm

Markets

European stocks fall

LONDON: European shares fell on Tuesday as Deutsche Bank and Commerzbank slumped after a big stake sale, while a US...

Published 13 Apr, 2022 06:03am

Markets

Oil soars as Russian energy supply fears intensify

NEW YORK: Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and blocked some Russian...

Published 01 Mar, 2022 05:34am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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