Trends - Digital financial services

Digital financial services

Askari Bank leads development of Pakistan’s first cashless ecosystem for housing societies

ISLAMABAD: Askari Bank is establishing itself in the area of digital financial services with its latest initiative ...

Published 12 Nov, 2024 06:38am

Technology

MNCs planning to relocate from Pakistan amid Internet disruptions, says PBC

The Pakistan Business Council (PBC), the country’s leading corporate advocacy platform, warned on Friday that many...

Updated 16 Aug, 2024 08:20pm

Business & Finance

Jazz CEO outlines several key policy interventions for cashless society

ISLAMABAD: Chief Executive Officer (CEO) Jazz and Chairman Telecom Operators Association Aamir Ibrahim outlined...

Published 07 Aug, 2024 05:37am

Business & Finance

Digital financial services termed crucial for widespread financial inclusion

ISLAMABAD: Digital financial services for micro, small, and medium enterprises (MSME) in rural and semi-urban...

Updated 23 Jul, 2024 08:14am

Business & Finance

Empowering entrepreneurs: FIWC offers up to Rs20m grant for women-centric businesses

KARACHI: The Karandaaz-backed Financial Inclusion of Women Challenge (FIWC) 2024 grants initiative (worth up to Rs20...

Published 02 Mar, 2024 04:16am

Business & Finance

Mobilink Bank’s ‘Change to Sustain’ programme drives sustainability with Rs2.5bn

KARACHI: Mobilink Bank, a leader in digital financial services, launched its sustainability program, “Change to...

Published 01 Mar, 2024 02:59am

Business & Finance

RIDB, Euronet Pakistan to launch first ‘Islamic Digital Bank’

KARACHI: Raqami Islamic Digital Bank (RIDB) and Euronet Pakistan Pvt Ltd have entered into an agreement to promote...

Published 16 Jan, 2024 05:44am

Business & Finance

SECP-SBP panel meeting: New developments in digital financial services discussed

KARACHI: The 30th meeting of the Securities and Exchange Commission of Pakistan (SECP) and the State Bank of ...

Published 24 Nov, 2023 05:29am

Productivity, export and debt: SBP asks govt to exercise greater prudence

Assessment of macroeconomic dynamics reveals a number of challenges for the banking sector and the repayment capacity of borrowers may come under stress

Updated 08 Jul, 2023 05:14pm

Business & Finance

JazzCash, CBA partner to provide Cash-In, Cash-Out services

ISLAMABAD: The JazzCash and CBA (Community Business Agent) have formed a partnership to provide Cash-In and Cash-Out...

Published 07 May, 2023 03:21am

Business & Finance

SECP cautions against use of ‘unauthorised lending apps MoneyBox and MoneyClub’

Says both companies are gaining public confidence by using names of licensed NBFCs

Published 13 Feb, 2023 07:10pm

Business & Finance

AKBL teams up with SCO forimproving digital financial services

KARACHI: Askari Bank Limited (AKBL) and Special Communications Organization (SCO) have signed an agreement for...

Published 10 Feb, 2023 03:56am

Business & Finance

Don’t blame customers in incidents of frauds and scams, SBP official tells banks

Says abhorrent treatment of customers by banks keeps them financially excluded

Updated 08 Feb, 2023 10:49pm

Business & Finance

Mastercard, BoK join hands to drive financial inclusion

PESHAWAR: Master-card, a technology leader in the global payments industry, has entered an exclusive new partnership...

Published 07 Feb, 2023 07:20am

Business & Finance

U Bank, Pathfinder Group team up to expand digital financial services

KARACHI: U Microfinance Bank (U Bank) and Pathfinder Group have entered into a strategic collaboration to utilize...

Published 25 Jan, 2023 06:25am

Pakistan

Javed Yousuf Edhi appointed as NIFT chief

KARACHI: The Board of Directors of National Institutional Facilitation Technologies (NIFT) appointed Javed Yousuf...

Published 30 Dec, 2022 05:50am

Business & Finance

JazzCash wants to increase female customer base to 50pc

KARACHI: JazzCash is aiming to increase its female customer base to 50 percent in the next few years to provide easy...

Published 01 Nov, 2022 05:55am

Business & Finance

Faysal Bank collaborates with Pakistan Freelancers Association

KARACHI: Faysal Bank Limited (FBL) collaborated with Pakistan Freelancers Association to facilitate the freelancer...

Published 28 Sep, 2022 05:51am

Opinion

Fintech sector’s growth shaping Pakistan’s future

Pakistan is ideally positioned for the fintech revolution and investors are eying the significant opportunities in...

Published 03 Sep, 2022 04:25am

Business & Finance

MMBL, CBA join hands to enhance access to digital financial services

ISLAMABAD: Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) and CBA, a leading digital...

Published 07 Aug, 2022 05:41am

Business & Finance

Digital financial services: Citibank, NIFT establish referral arrangement

KARACHI: Citibank N.A., Pakistan (Citi) and National Institutional Facilitation Technologies Private Limited (NIFT)...

Published 14 Jul, 2022 05:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10
Karachi Cotton PKR/37.32 KG / Dec 26	17,785

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 26 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	16.45 ▲ 1.50 (10.03%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Blue-Ex Ltd / Dec 26 Blue-Ex Limited (GEM)(GEMBLUEX)	44.96 ▲ 4.09 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Altern Energy / Dec 26 Altern Energy Limited(ALTN)	22.65 ▲ 2.06 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Fateh Ind. / Dec 26 Fateh Industries Limited(FIL)	120.56 ▼ -13.38 (-9.99%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Popular Islamic / Dec 26 Popular Islamic Modaraba(PIM)	13.54 ▼ -1.50 (-9.97%)
Arctic Textile / Dec 26 Arctic Textile Mills Limited(ARCTM)	21.60 ▼ -2.37 (-9.89%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.06
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	93,301,142 ▲ 1.50
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	46,900,564 ▲ 6.41
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -1.65
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.16
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.19
B.O.Punjab / Dec 26 The Bank of Punjab(BOP)	30,003,113 ▼ -0.11
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.87
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.09

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