Trends - Hungary - Business Recorder

Hungary

Poland summons Hungary envoy over asylum for ex-official

WARSAW: Poland has summoned Hungary’s ambassador and recalled its envoy for consultations to protest Budapest’s...

Published 20 Dec, 2024 01:43pm

World

Chinese firms take on EV truck challenges

SUZHOU: Dominant in the electric car sector, Chinese companies have been quietly consolidating their position in the...

Published 15 Dec, 2024 11:36am

Business & Finance

German carmakers vow to preserve jobs in Hungary factories, Hungary PM Orban says

BUDAPEST: Hungary needs to create a competitive economic environment so that no factories would be closed down in...

Published 06 Dec, 2024 12:37pm

World

PM Orban says he will invite Israeli PM Netanyahu to Hungary after ICC move

BUDAPEST: Prime Minister Viktor Orban said on Friday he would invite Israeli Prime Minister Benjamin Netanyahu to...

Published 22 Nov, 2024 12:37pm

World

Hungary PM Orban says Europe cannot finance Ukraine war alone

BUDAPEST: The United States under the presidency of Donald Trump will “quit” the war in Ukraine and Europe cannot...

Published 08 Nov, 2024 01:56pm

World

EU headed for ‘economic cold war’ with China, Hungary’s Orban says

BUDAPEST: The European Union’s economic strategy represents an “economic cold war” and Hungary does not want to be...

Published 04 Oct, 2024 11:52am

Pakistan

HEC sends off 257 students to study in Hungary

ISLAMABAD: The Higher Education Commission (HEC) Pakistan hosted on Friday a send-off ceremony for 257 students who...

Updated 24 Aug, 2024 07:14am

Sports

Hungary’s Rasovszky wins men’s Olympic 10k marathon swimming

PARIS: Hungary’s Kristof Rasovszky won gold in the Olympic men’s 10k marathon swimming at the Paris Games on Friday....

Published 09 Aug, 2024 01:46pm

World

Hungary accuses EU of blackmail over blocked oil supplies

BUDAPEST: Hungary’s foreign minister on Tuesday accused the European Commission of blackmail in a dispute over...

Published 31 Jul, 2024 06:40am

World

EU chief slams Hungary PM Orban’s ‘appeasement mission’ to Moscow

STRASBOURG: EU chief Ursula von der Leyen on Thursday savaged a rogue diplomatic trip Hungarian Prime Minister...

Published 18 Jul, 2024 01:04pm

World

EU Parliament criticises Hungary’s Orban for meeting Putin

STRASBOURG: The European Parliament strongly criticised Hungarian Prime Minister Viktor Orban on Wednesday for...

Published 17 Jul, 2024 05:35pm

World

Far right to seek greater influence in EU parliament

STRASBOURG: EU leaders’ fate will be in lawmakers’ hands from Tuesday onwards as the European Parliament convenes...

Published 16 Jul, 2024 01:27pm

World

Hungary’s Orban, a NATO outlier on Ukraine, talks ‘peace mission’ with Trump

WASHINGTON: Hungarian Prime Minister Viktor Orban met with Donald Trump on Thursday and the pair discussed the...

Published 12 Jul, 2024 11:57am

World

Hungary’s Viktor Orban visits Ukraine with aid tensions running high

KYIV: Hungary’s Prime Minister Viktor Orban arrived in Ukraine on Tuesday for a surprise visit to the war-torn...

Published 02 Jul, 2024 12:03pm

World

Will Hungary hijack the EU during its presidency?

BRUSSELS: Hungary takes over the European Union’s six-month rotating presidency on July 1, in the face of fears...

Published 24 Jun, 2024 11:58am

World

At NATO allies summit, Latvia touts coordinated Ukraine approach, without Hungary

RIGA: NATO’s eastern flank leaders will have a more coordinated approach towards supporting Ukraine after the...

Published 11 Jun, 2024 03:01pm

World

China’s Xi Jinping in Hungary to discuss Ukraine, infrastructure

BUDAPEST: Chinese President Xi Jinping is due to meet Hungarian Prime Minister Viktor Orban on Thursday, with the...

Published 09 May, 2024 10:10am

World

China’s Xi to discuss multi-billion euro investments in Serbia

BELGRADE: Serbia welcomed Chinese President Xi Jinping with a military guard of honour on Wednesday ahead of a...

Published 08 May, 2024 02:52pm

World

Thirty men have died trying to leave Ukraine to avoid fighting since war started

KYIV: About 30 Ukrainian men have died trying to illegally cross Ukraine’s borders and avoid fighting in the war...

Published 30 Apr, 2024 10:19am

World

China’s Xi to visit France, Serbia and Hungary May 5-10, foreign ministry says

BEIJING: Chinese President Xi Jinping will visit France, Serbia and Hungary from May 5-10, a spokesperson for...

Published 29 Apr, 2024 01:32pm

World

US envoy warns over Hungary’s ‘close and expanding’ links with Russia

BUDAPEST: NATO allies are warning Hungary of the dangers of its “close and expanding” relationship with Russia and...

Published 14 Mar, 2024 11:10pm

World

Last holdout Hungary approves Sweden’s NATO bid

BUDAPEST: Hungary’s parliament on Monday ratified Sweden’s bid to join NATO, clearing the final obstacle for an...

Published 27 Feb, 2024 03:06am

Business & Finance

Hungary finance minister says inflation sensitive to global economic shocks

BUDAPEST: Hungary’s finance minister on Saturday warned against complacency despite a sharp fall in the European...

Published 21 Jan, 2024 03:10am

Business & Finance

Hungary’s December CPI slows down to 5.5% y/y, below forecast

Hungarian headline inflation slowed to an annual +5.5% in December from +7.9% in November, below analysts’...

Published 12 Jan, 2024 12:34pm

Business & Finance

Chinese EV automaker BYD to build car factory in Hungary

SHANGHAI: China’s top electric automaker BYD will build a car factory in Hungary, the company said Friday, as it...

Published 22 Dec, 2023 04:18pm

World

Pfizer sues Poland and Hungary over Covid debts

BRUSSELS: Pharmaceutical firms Pfizer and BioNTech are suing the governments of Poland and Hungary alleging they...

Published 20 Dec, 2023 06:00am

Business & Finance

Bulgaria scraps gas transit tax to secure Schengen bid

OFIA: Bulgaria scrapped on Monday a tax on the transit of Russian gas through its territory after Hungary threatened...

Published 19 Dec, 2023 05:20am

World

Erdogan visits Hungary in bid to deepen bilateral ties

BUDAPEST: Turkish President Recep Tayyip Erdogan arrived in Budapest on Monday to meet with his Hungarian ally...

Published 18 Dec, 2023 05:31pm

World

Hungary blocks aid for Ukraine

BRUSSELS: Hungarian Prime Minister Viktor Orban vetoed a big European Union aid package for Kyiv on Friday, and said...

Published 16 Dec, 2023 05:49am

World

Zelenskiy says Hungary has no reason to block Ukraine’s EU membership

KYIV: President Volodymyr Zelenskiy said on Wednesday that Hungarian Prime Minister Viktor Orban had no reason to...

Published 13 Dec, 2023 10:32pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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