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local auto industry

Honda Atlas plans to enter hybrid cars market at CAPEX of Rs5bn: report

Honda Atlas Cars Limited (HCAR) has shared its plan to soon enter the hybrid market in Pakistan – possibly with the...

Published 25 Jul, 2024 09:19pm

Markets

‘Big three’: car companies hit 21-year low in annual sales volume in Pakistan

Pak Suzuki, Honda, and Toyota – Japan’s major auto companies – often attributed as the “Big Three” are expected to...

Updated 09 Jul, 2024 11:24pm

Business & Finance

After ‘clarity on stock situation’, Lucky Motor opens Kia Stonic booking with Rs780,000 price increase

Lucky Motor Corporation, formerly known as KIA Lucky Motors Pakistan, has re-opened the booking of its Kia Stonic...

Published 01 Jul, 2024 07:12pm

Business & Finance

Chinese giant BYD partners with HUBCO subsidiary to introduce EVs in Pakistan

HUBCO announced on Friday that its wholly-owned subsidiary (Hub Power Holdings) – through its associated company...

Updated 21 Jun, 2024 09:50pm

Business & Finance

‘Protect local auto industry’: Indus Motor CEO wants higher duties, taxes on import of used cars

Ali Asghar Jamali, Chief Executive Officer of Indus Motor Company (IMC) that assembles/manufactures Toyota-brand...

Published 06 Jun, 2024 12:01am

Business & Finance

Budget FY25: IMC demands govt support local auto industry

ISLAMABAD: Chief Executive Indus Motor Company (IMC) Ali Asghar Jamali has said that the local auto industry is in...

Published 24 May, 2024 06:40am

Business & Finance

MoC takes major step to help protect local industry

ISLAMABAD: The Commerce Ministry has decided to impose or enhance Regulatory Duty (RD) on three items to protect...

Published 07 Feb, 2024 05:30am

Business & Finance

EDB official says import quotas for new auto companies opened

Asim Ayaz, General Manager Policy at Pakistan’s Engineering Development Board (EDB), said on Saturday that quotas...

Updated 29 Oct, 2023 10:55pm

Business & Finance

Auto part makers call for tax cut on local vehicles to boost manufacturing

The country’s auto part makers have asked the government to reduce taxes on the auto sector to boost localisation....

Published 27 Oct, 2023 10:44pm

Life & Style

‘Pakistan Auto Show’ begins today

KARACHI: The upcoming Pakistan Auto Show, to be held in Karachi from October 27-29, is set to feature over 150...

Published 27 Oct, 2023 05:16am

Business & Finance

PAAPAM members say ‘significant’ import substitution, exports possible in Pakistan

KARACHI: Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) officials believe...

Updated 26 Oct, 2023 10:08pm

Business & Finance

Govt, auto sector appear ‘close to resolving manufacturing certificate’ issue

OEMs' licence expired at the end of September, and has not yet been renewed due to companies missing the 2% export target in FY23

Published 26 Oct, 2023 06:50am

Business & Finance

After Toyota, Honda Atlas also reduces car prices in Pakistan

Honda Atlas Cars is the latest to announce reduction in car prices by up to Rs300,000, in line with rupee’s...

Published 25 Oct, 2023 09:49pm

Business & Finance

As high as Rs1.31mn: Indus Motor announces significant reduction in Toyota car prices

Rates reduced in range of 2 to 8% following rupee's recent appreciation against US dollar

Updated 24 Oct, 2023 06:54pm

Business & Finance

Suzuki here to stay, company reiterates its commitment to Pakistan’s market

Suzuki Motor Corporation will continue to invest in Pakistan and ensure that Pak Suzuki serves its customers in...

Published 19 Oct, 2023 09:55pm

Business & Finance

PSMC announces shutdown of automobile plant

Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant. In its...

Updated 18 Oct, 2023 05:50pm

Business & Finance

Pakistan’s car sales rise 10% MoM, fall 26% YoY in September

Stand at 8,312 units during the month

Published 11 Oct, 2023 08:47pm

Import of used cars: Surge causing adverse impact on local auto sector

KARACHI: Over 6,000 used cars have been imported during the last financial year, giving a significant blow to the...

Updated 07 Oct, 2023 09:51am

BR Research

Told you so!

Despite a marked decline in automobile volumes over the past year—and a host of demand suppressing factors...

Published 14 Sep, 2023 08:54am

Business & Finance

Pakistan’s car sales jump 49% MoM in August

Car sales in Pakistan witnessed an increase of 49% on a month-on-month (MoM) basis in August 2023, clocking in at...

Published 11 Sep, 2023 08:37pm

Business & Finance

2023 a challenging year for automotive industry: ‘Major OEMs are experiencing 55pc drop in volumes’

KARACHI: The financial year 2023 has brought significant challenges to Pakistan’s automotive industry, with original...

Updated 09 Sep, 2023 09:29am

Business & Finance

Import of used cars crippling local auto industry: IMC chief

LAHORE: Chief Executive Indus Motor Company (IMC), Ali Asghar Jamali has lamented that total used car imports have...

Published 07 Sep, 2023 06:21am

Business & Finance

Import of used cars gaining momentum once again

KARACHI: The import of used cars has been gaining momentum once again despite the government’s resolve to curb ...

Updated 10 Apr, 2022 04:37pm

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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