Trends - Danske Bank - Business Recorder

Danske Bank

European shares stuck below 2-year highs

PARIS: European shares were little changed on Friday as gains from upbeat corporate earnings offset...

Published 03 Feb, 2024 05:46am

Technology

India’s Infosys enters into $454mn deal with Danske Bank

BENGALURU: India’s second-largest IT services firm Infosys said on Monday it was selected by Denmark-based Danske...

Updated 26 Jun, 2023 11:31am

Opinion

Investors left scratching heads as ECB bosses spar on outlook

The European Central Bank’s top economic thinkers are sparring over the outlook for inflation and rates, leaving...

Published 26 Nov, 2022 04:13am

Business & Finance

Danske Bank axes dividends again over Estonia case

COPENHAGEN: Danske Bank (DANSKE.CO) will not pay 2021 dividends, meant to be paid out each quarter this year, as it...

Published 25 Jul, 2022 06:12am

Markets

Danske Bank reported to police over data privacy violations

COPENHAGEN: Denmark’s data protection watchdog has reported Danske Bank, the country’s biggest lender, to the police...

Published 05 Apr, 2022 01:29pm

Markets

Danske Bank reports Q4 net profit above estimates

COPENHAGEN: Danske Bank on Thursday said it expected to increase profits this year after reporting...

Published 03 Feb, 2022 11:46am

Markets

Auto rally, corporate earnings push European shares to record highs

The pan-European STOXX 600 index rallied 1.1pc to hit a record high of 461.75, and marked a 1.5pc weekly rise - its biggest weekly gain since early May.

Published 23 Jul, 2021 10:19pm

Markets

Danske Bank sticks to profitability goal despite analyst scepticism

The bank aims to achieve return on equity (ROE) of 9-10% in 2023, raising questions among analysts

Published 23 Jul, 2021 01:45pm

Markets

UBS joins peers to track how lending affects environment, jobs

The new reporting standards will mark the first time such measurements will have been attempted on this scale in the financial sector.

Published 30 Jun, 2021 11:25am

Markets

Danske Bank hires risk chief from SEB

Icelander Agustsson, who comes from a similar position at Sweden's SEB.

Published 25 May, 2021 12:10pm

Business & Finance

Danske Bank lowers threshold for negative interest rates on deposits

"We have experienced highly unusual interest rate levels for a long time now, and there is no prospect of this changing," Danske's head of personal customers, Mark Wraa-Hansen, said in a statement.
Danske said it would apply the same rate, -0.6%, as it currently charges. That reflects the rate the lender pays by depositing money at Denmark's central bank.

Published 26 Apr, 2021 04:52pm

Business & Finance

New Danske CEO to stick with strategy of departing Vogelzang

Chris Vogelzang resigned unexpectedly after Dutch authorities labelled him as a suspect in a separate case at his former employer, ABN Amro.
"The plan is to fully continue the strategy that Chris Vogelzang and the rest of the management team have set out," Egeriis told Reuters after his appointment.

Published 19 Apr, 2021 06:14pm

Markets

Danske Bank CEO resigns after being named a suspect in Dutch probe

Carsten Egeriis, Danske's chief risk officer for the past four years, will take over as chief executive effective immediately, Danske said.

Published 19 Apr, 2021 11:40am

Business & Finance

Dollar down, Swedish crown jumps in Europe

LONDON: The dollar traded near two-week lows on Wednesday as demand for safe-haven assets ebbed, while Sweden’s...

Updated 11 Feb, 2021 09:32am

Markets

Danske looks forward to lower costs, impairments next year

Danske reported a fourth-quarter net profit of 1.45 billion Danish crowns ($234.06 million), just below the 1.5 billion forecast by analysts in a Refinitiv poll.

Published 04 Feb, 2021 01:34pm

Markets

U.S. dollar rises on weaker euro, Swiss franc and yen

The dollar index was up 0.21pc to 90.815 at mid-morning in New York, while the euro was off 0.36pc to $1.209.

Published 02 Feb, 2021 01:00am

Business & Finance

Risk currencies down in Europe

LONDON: Riskier currencies such as the commodity-linked Australian dollar, Canadian dollar and the Norwegian crown...

Updated 29 Jan, 2021 09:40am

Business & Finance

Euro falls in Europe

LONDON: The euro fell on Wednesday, under pressure after a European Central Bank official said the bank was...

Published 28 Jan, 2021 04:40am

Business & Finance

Sterling at fresh 2-1/2 years high against dollar

LONDON: Sterling set a fresh 2-1/2 year high against the dollar and a new 8-month high against the euro on Thursday...

Published 22 Jan, 2021 04:47am

Business & Finance

Italian government bond yields fall amid political uncertainty

Other European government bond yields were also lower, but the drop was more moderate, with peripheral countries roughly in line with the core, tracking U.S. Treasuries.

Published 14 Jan, 2021 12:38am

Markets

Upbeat EU soundings on Brexit nudge pound higher

The EU's chief executive said on Wednesday she could not say if there would be a trade deal with Britain but there had been progress and the next few days would be critical.

Published 16 Dec, 2020 05:48pm

Markets

Turkey's lira outperforms as central bank to keep tight policy, dollar falls

The lira rose 0.6pc to trade at 7.7812 per dollar, hitting its highest level since in almost two weeks.

Published 16 Dec, 2020 05:15pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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