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EVs

Sazgar Engineering plans Rs1.5bn land purchase for future expansion

Sazgar Engineering Works Limited (SAZEW), a Pakistani auto manufacturer, has announced plans to purchase land valued...

Updated 14 Nov, 2024 08:52pm

Business & Finance

Kia sees near-term market challenges but sticks to 1.6mn annual EV sales target by 2030

TAIPEI: South Korean car maker Kia expects challenging market conditions in the near term due in part to...

Published 14 Nov, 2024 12:19pm

Business & Finance

10,000 EV charging stations to be set up by 2030

ISLAMABAD: Federal Minister for Industries and Production, Rana Tanveer Hussain announced the government’s...

Published 07 Nov, 2024 07:39am

Business & Finance

Discos’ FCAs for Sept: Nepra approves Rs1.27 per unit negative adjustment

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved negative adjustment of Rs1.27 per...

Updated 07 Nov, 2024 08:44am

World

Air Canada to increase China flights as Canada lifts restrictions

HONG KONG: Air Canada will increase direct flights between China and Canada from December, the news arm of China’s...

Published 30 Oct, 2024 10:18am

Editorials

IPPs: a slippery situation?

EDITORIAL: Negotiations with Independent Power Producers (IPPs) are progressing. Following the termination of...

Published 25 Oct, 2024 06:39am

Opinion

IMF programme: lack of ingenuity?

The narrative led by Prime Minister Shehbaz Sharif and Finance Minister Muhammad Aurangzeb is that the economy has...

Updated 21 Oct, 2024 07:07am

Business & Finance

Pakistan’s Mega Motor secures key partnership with global EV giant BYD

Mega Motor Company (Private) Limited, a subsidiary of The Hub Power Company Limited (HUBCO), has announced a...

Updated 17 Oct, 2024 11:24pm

Business & Finance

eTurbo launches fastest, most economical EV motorcycles

KARACHI: eTurbo Motors has set a new benchmark in Pakistan’s electric vehicle (EV) industry with the launch of the...

Updated 17 Oct, 2024 08:16am

Markets

E-Turbo Motors sees growth in Pakistan’s electric vehicle market

Sheikh Osama Nadeem, CEO of E-Turbo Motors, said his company is working to establish a foothold in Pakistan’s...

Published 01 Oct, 2024 07:26pm

Business & Finance

Pakistan’s HUBCO plans to enter lithium mining, battery manufacturing

Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), has announced plans to enter...

Updated 30 Sep, 2024 10:53pm

National Electric Vehicle policy expected in one month

ISLAMABAD: The Steering Committee on Electric Vehicles (EV) has decided to finalise the National Electric Vehicle...

Updated 25 Sep, 2024 09:14am

Business & Finance

New Energy Vehicles: Sazgar Engineering gears up for local assembly in Pakistan by Dec 2025

Sazgar Engineering Works Limited (SAZEW), a Pakistani auto manufacturer, on Monday announced its plans to launch New...

Updated 23 Sep, 2024 10:24pm

Experts’ panel to weigh up EVs financing mechanism

ISLAMABAD: An inter-ministerial meeting decided to constitute a panel of representatives from the Finance Division,...

Updated 22 Sep, 2024 09:58am

Pakistan

Sindh govt takes efforts for launching e-taxis

KARACHI: Sindh government has intensified its efforts to launch electric taxis. In this regard, Sindh Senior ...

Published 13 Sep, 2024 06:13am

World

Spanish autos, pork in Beijing’s sights with PM Sanchez in China

BEIJING: Spanish Prime Minister Pedro Sanchez is expected to meet Chinese President Xi Jinping on Monday, with the...

Published 09 Sep, 2024 11:25am

Business & Finance

Chinese offer investment in electric bikes, scooters in KP

PESHAWAR: Chinese investors offered investment in the establishment of electric bikes, scooters and tri-cycle...

Published 30 Aug, 2024 07:56am

Technology

China’s BYD to use Huawei’s advanced autonomous driving system in off-road EVs

BEIJING: Chinese electric vehicle (EV) giant BYD has signed an agreement with Huawei to use the Chinese tech...

Published 27 Aug, 2024 12:10pm

Opinion

How renewable energy can save the planet

Last week, Pakistan witnessed a significant milestone in its energy transition as the Chinese electric vehicle (EV)...

Published 27 Aug, 2024 06:44am

Govt has failed to finalise policy on EV-charging stations

This comes due to lack of proper coordination between National Energy Efficiency & Conservation Authority (NEECA) and Engineering Development Board (EDB)

Updated 27 Aug, 2024 11:32am

Opinion

Electric Vehicles come to Pakistan

Minister for Finance Muhammad Aurangzeb claimed at the launching ceremony of BYD, a Chinese company globally ...

Updated 26 Aug, 2024 07:36am

Govt mulling shutting down utility stores

ISLAMABAD: The federal government to get itself out of the unnecessary businesses activities is considering to close...

Updated 24 Aug, 2024 02:52pm

Markets

Morgan Stanley cuts 2024 oil demand growth outlook

NEW YORK: Morgan Stanley has lowered its global oil demand growth forecast for 2024, mainly due to China’s slower...

Published 24 Aug, 2024 06:23am

World

China opens anti-subsidy probe into EU dairy imports

BEIJING: China opened an anti-subsidy probe into imported dairy products from the European Union on Wednesday,...

Published 22 Aug, 2024 06:58am

Aurangzeb says on BYD’s NEV launch occasion: Plan launched to revitalize economy

The finance minister says the government is committed to supporting the private sector, recognizing its crucial role in driving economic growth

Updated 18 Aug, 2024 01:34pm

Business & Finance

MCML mulls introducing new local EV models in two years

KARACHI: Master Changan Motors Limited (MCML) plans to introduce 3 to 4 new locally assembled EV models in the next...

Published 17 Aug, 2024 07:07am

Business & Finance

Electric vehicles: Master Changan unveils Deepal L07, S07 with prices starting Rs15.5mn

KARACHI: Master Changan Motors Limited has unveiled its electric vehicle brand in Pakistan, launching the Deepal L07...

Updated 16 Aug, 2024 08:18pm

Business & Finance

ADM Group keen to invest $250m for EVs manufacturing: CEO

ISLAMABAD: ADM Group Chief Executive Officer (CEO) Yasir Bhambhani on Thursday said that the ADM Group was keen to...

Published 16 Aug, 2024 06:56am

Business & Finance

Sazgar to launch ORA-07 EV in Pakistan

Sazgar Engineering Works (SAZEW) is set to introduce the ORA-07 EV, a Completely Built Unit (CBU) electric vehicle,...

Updated 13 Aug, 2024 10:24pm

Business & Finance

VLEKTRA bike completes Karachi-Hyderabad journey on single charge

KARACHI: VLEKTRA, the first locally designed EV motorcycle, has completed its Karachi-Hyderabad journey on a single...

Published 13 Aug, 2024 07:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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