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Hyundai Motor

Hyundai unveils big electric SUV in fast-growing market

SAN FRANCISCO: Hyundai Motor unveiled its first three-row electric SUV on Wednesday, pushing into a market for big...

Published 21 Nov, 2024 10:41am

Business & Finance

Hyundai Motor India’s Q2 profit drops 17% as sales decline

Hyundai Motor India, the country’s second-biggest carmaker by market share, reported a 16.5% decline in quarterly...

Published 12 Nov, 2024 01:59pm

Business & Finance

Hyundai Motor’s Q3 operating profit falls 7%; misses analysts’ estimates

SEOUL: Hyundai Motor Co on Thursday reported a 7% fall in third-quarter operating profit, hurt by warranty costs for...

Published 24 Oct, 2024 01:03pm

Business & Finance

Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup

SEOUL: Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 million vehicles by 2030, up 30%...

Published 28 Aug, 2024 01:21pm

Business & Finance

Hyundai Motor, Kia Corp sign agreement with China’s Baidu on connected car technology

SEOUL: Hyundai Motor and Kia Corp on Sunday said the companies have signed a memorandum of understanding (MOU) with...

Published 28 Apr, 2024 02:03pm

Business & Finance

Hyundai Motor doubles down on EVs as it ramps up investment in Korea

NEW YORK/SEOUL: Hyundai Motor Group said on Wednesday it will invest 68 trillion won ($51 billion) over three years...

Published 29 Mar, 2024 04:44am

Business & Finance

Hyundai Motor Group to invest 68 trillion won over 3 years

SEOUL: South Korea’s Hyundai Motor Group said on Wednesday it will invest 68 trillion won ($51 billion) over three...

Published 27 Mar, 2024 11:18am

Business & Finance

Hyundai, Kia to recall US vehicles over damaged charging unit, NHTSA says

Hyundai Motor America and Kia America are recalling a combined 147,100 US vehicles over a damaged charging unit, the...

Published 21 Mar, 2024 03:19pm

Business & Finance

Hyundai Motor’s Q4 net profit rises 31%, misses forecasts

SEOUL: South Korea’s Hyundai Motor Co on Thursday reported a 31% rise in fourth-quarter profit that missed analyst...

Published 25 Jan, 2024 11:17am

Business & Finance

Hyundai Motor’s India arm to invest $722mn in Maharashtra

BENGALURU: Hyundai Motor’s Indian unit on Friday said it would invest 60 billion rupees ($721.73 million) in the...

Published 19 Jan, 2024 12:42pm

Business & Finance

Hyundai Motor to sell Russia plant for token sum, taking $219mn hit

SEOUL: South Korean automaker Hyundai Motor plans to sell its plant in Russia for a token 7,000 roubles ($77.67), a...

Published 19 Dec, 2023 01:30pm

Business & Finance

Hyundai unveils its first high-performance electric car

Hyundai Motor unveiled its first high-performance electric vehicle(EV), an N sport variant of its IONIQ 5 crossover...

Published 16 Nov, 2023 10:15am

Technology

Hyundai Motor breaks ground on $1.5bn EV plant in South Korea

Hyundai Motor Co on Monday broke ground on a 2 trillion won ($1.52 billion) dedicated electric vehicle (EV) plant in...

Published 13 Nov, 2023 10:07am

Business & Finance

Hyundai Motor’s unit to buy General Motors’ India plant

BENGALURU: Hyundai Motor Co’s Indian unit will buy automaker General Motors’ Talegaon plant in the western state of...

Published 17 Aug, 2023 03:49am

World

India’s aerospace suppliers see upside in parts-making from record jet orders

PARIS/DELHI: Indian aerospace suppliers see record jet orders by the country’s top two carriers boosting domestic...

Published 28 Jun, 2023 11:10am

Technology

Hyundai raises EV investment to $28bn, to reduce China operations

SEOUL: Hyundai Motor will raise average annual investment in electrification by nearly two thirds to $28 billion in...

Published 20 Jun, 2023 03:22pm

Business & Finance

Hyundai Motor lines up to buy General Motors’ India plant

NEW DELHI: Hyundai Motor Co said on Monday it has agreed to a potential acquisition of General Motors’ plant in...

Published 13 Mar, 2023 06:21pm

Business & Finance

Hyundai lays off staff after idling Russian plant since March

MOSCOW: South Korea’s Hyundai Motor Co, formerly one of Russia’s biggest car makers, has begun laying off workers at...

Published 19 Dec, 2022 09:57pm

Business & Finance

Hyundai Motor lifts annual revenue, margin outlook despite weak Q3

SEOUL: South Korea’s Hyundai Motor Co raised its full-year revenue and profit margin guidance on Monday, betting on...

Published 24 Oct, 2022 11:26am

Business & Finance

Kia shares edge up in choppy trade after booking extra $1.1bn provision

SEOUL: Shares of South Korea’s Kia Corp reversed losses and edged up on Wednesday after the automaker said on...

Published 19 Oct, 2022 10:45am

Technology

Xiaomi in talks with BAIC to produce electric cars

Smartphone maker Xiaomi Corp is eyeing an electric vehicle (EV) production tie-up with Beijing Automotive Group Co...

Published 26 Aug, 2022 01:54pm

Business & Finance

After KIA, Hyundai massively increases Tucson prices

After Lucky Motor Corp increased prices of its KIA-brand vehicles, Hyundai Nishat Motors also jacked up the rates of...

Published 22 Jul, 2022 12:47pm

Business & Finance

Global manufacturers see chip shortage easing

ZURICH/STOCKHOLM: Hyundai Motor Co, factory robot builder ABB and Swedish fridge maker Electrolux see the...

Published 21 Jul, 2022 06:24pm

Business & Finance

Hyundai Motor launches first electric sedan, taking on Tesla

SEOUL: Hyundai Motor Co on Thursday launched its first electric sedan, Ioniq 6, which the South Korean automaker is...

Updated 14 Jul, 2022 01:50pm

Business & Finance

Hyundai Motor’s union in South Korea vote on first strike in four years

SEOUL: Hyundai Motor Co’s unionised workers in South Korea vote on Friday to decide whether to go on a strike for...

Published 01 Jul, 2022 07:10pm

Business & Finance

Hyundai plans US EV plant, in talks with Georgia

SEOUL/DETROIT: Hyundai Motor Co plans to announce a new electric-vehicle manufacturing plant in the United States...

Published 09 May, 2022 02:09pm

Business & Finance

Hyundai Motor Q1 profit surges on favourable currency rates

SEOUL: Hyundai Motor Co on Monday posted a 19% rise in first-quarter profit as favourable exchange rates offset a...

Published 25 Apr, 2022 11:58am

Markets

Iveco, Hyundai Motor to explore collaboration on vehicle tech, supply

MILAN: Italian truck, bus and engine maker Iveco group said on Monday it had signed a preliminary deal with South...

Published 07 Mar, 2022 05:31pm

Technology

Tesla changes South Korea ads after antitrust probe faulted batteries

SEOUL: Tesla Inc changed an advertisement about the driving range for its Model 3 in South Korea after an antitrust...

Published 18 Feb, 2022 10:16am

Markets

Ford, Suzuki to get incentives under India’s $3.5bn clean fuel scheme

NEW DELHI: Ford Motor Co, Suzuki Motor Corp and Hyundai Motor are among 20 companies that will be eligible for...

Published 12 Feb, 2022 05:09am

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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