Trends - MCB - Business Recorder

MCB

MCB Bank partners with Fauree Tech to felicitate SMEs

LAHORE: MCB Bank Limited has announced a strategic partnership with Fauree Tech Pvt. Ltd., a fintech company...

Published 25 Mar, 2025 05:37am

Business & Finance

MCB opens branch at Bason Road, Multan

MULTAN: MCB Islamic proudly inaugurated its new branch in Multan, marking another milestone in its commitment to...

Published 08 Feb, 2025 06:30am

Business & Finance

MCB Bank reports strong financial performance for 2024

LAHORE: MCB Bank Limited (MCB) has announced its financial results for the year ended December 31, 2024, delivering...

Published 07 Feb, 2025 07:59am

Business & Finance

MCB Bank posts Rs63.5bn profit in 2024, down 3% YoY

MCB Bank Limited, one of Pakistan’s largest commercial banks, reported a profit-after-tax (PAT) of Rs63.47 billion...

Published 06 Feb, 2025 03:00pm

Business & Finance

MCB’s Nauman Chughtai gets FPT clearance from State Bank

The State Bank of Pakistan (SBP) has cleared the Fit & Proper Test (FPT) for Muhammad Nauman Chughtai as...

Updated 15 Jan, 2025 10:51pm

Markets

PSX record rally: more Pakistani companies join billion-dollar club

Number of companies with over billion-dollar capitalisation increases from six in May 2024 to 11 in December 2024

Published 16 Dec, 2024 04:16pm

Business & Finance

Muhammad Nauman Chughtai appointed new President/CEO of MCB Bank

KARACHI: Muhammad Nauman Chughtai has been appointed as the new President & CEO of MCB Bank Limited. He will...

Updated 12 Dec, 2024 08:41am

Business & Finance

MCB Bank appoints Nauman Chughtai as President & CEO

The Board of Directors (BoD) of MCB Bank, one of Pakistan’s largest commercial banks, has appointed Muhammad Nauman...

Updated 11 Dec, 2024 10:58pm

Opinion

Interest rate risk on banking books in a declining rate scenario

It goes without saying that a cut in the interest rate by the State Bank of Pakistan has sparked quite some debate ...

Published 09 Dec, 2024 06:43am

Business & Finance

MCB Bank partners with BPC to strengthen digital security

KARACHI: MCB Bank Limited (MCB), one of Pakistan’s leading banks, has selected BPC, a global leader in payment...

Published 03 Dec, 2024 07:13am

Opinion

A royal bond

Media stories about the possibility of King Charles’ South Asian visit next year that may bring him to Pakistan have...

Published 14 Nov, 2024 06:37am

BR Research

MCB banks on high CASA

MCB Bank Limited (MCB), true to its reputation and much to the shareholders’ delight, announced another interim...

Published 28 Oct, 2024 08:51am

Business & Finance

Rs2trn deposits mark crossed: MCB Bank posts Rs95.1bn 9-month PBT

KARACHI: MCB Bank Limited (MCB) has announced its financial results for the nine-month period ended September 30,...

Published 24 Oct, 2024 06:49am

Business & Finance

MCB Bank posts Rs18.1bn profit in 3Q2024, down 8% YoY

MCB Bank Limited, one of Pakistan’s largest commercial banks, reported a profit-after-tax (PAT) of Rs18.13 billion...

Updated 23 Oct, 2024 06:12pm

Business & Finance

Muhammad Asim elected President of CFA Society Pakistan

KARACHI: CFA Society Pakistan has elected Muhammad Asim, CIO at MCB Investments, as its new President. Managing over...

Published 30 Sep, 2024 07:06am

Moody’s lifts long-term deposit ratings of 5 banks

ISLAMABAD: Moody’s Ratings (Moody’s) upgraded the long-term deposit ratings to Caa2 from Caa3 of five Pakistani...

Updated 31 Aug, 2024 03:33pm

BR Research

MCB: Record profits – again

MCB Bank Limited (MCB) continued its rich dividend payout legacy announcing another interim dividend of Rs9/share,...

Published 09 Aug, 2024 08:58am

Business & Finance

Foreign exchange buying, selling for individuals: LCCI successfully hosts awareness session

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) successfully hosted an Awareness Session on Foreign...

Published 09 Aug, 2024 06:56am

Business & Finance

MCB Bank posts highest-ever 1H PBT of Rs62.7bn

KARACHI: The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad...

Published 08 Aug, 2024 07:00am

Markets

MCB Bank posts earnings of Rs16.8bn in 2Q2024, up over 14% YoY

MCB Bank Limited, one of Pakistan’s largest commercial banks, reported profit-after-tax (PAT) of Rs16.79 billion in...

Updated 07 Aug, 2024 09:49pm

Business & Finance

PITB, MCB and Mastercard sign MoU to digitise payments

LAHORE: The Punjab Information Technology Board (PITB), MCB Bank and Mastercard have signed a memorandum of...

Published 10 Jul, 2024 03:14am

Opinion

Pakistan’s economic crossroads

The socialist idea of central planning, which leads to a closed economy, has been followed by neoliberalism and...

Updated 17 May, 2024 06:12am

Business & Finance

MCB posts profit before tax of Rs32.5bn for Q1-2024

KARACHI: The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad...

Published 25 Apr, 2024 03:05am

Business & Finance

MCB Bank gets SBP’s green signal to commence Exchange Company operations

MCB Bank Limited, one of the largest commercial banks in the country, has received approval of the State Bank of...

Updated 27 Mar, 2024 08:43pm

Pakistan

Moody’s upgrades Pakistan’s banking sector outlook from negative to ‘stable’

Banks' profitability, stable funding and liquidity provide adequate buffer to withstand the country's macroeconomic challenges and political turmoil, says report

Updated 07 Mar, 2024 05:23pm

BR Research

MCB: High(est) profits – low(est) ADR

MCB Bank Limited (MCB)recorded a historic profit of Rs59.6 billion – while continuing with its rich history of high...

Published 12 Feb, 2024 08:58am

Business & Finance

MCB posts highest-ever PBT for 2023

LAHORE: The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad...

Published 07 Feb, 2024 05:30am

Opinion

AI - the bank of tomorrow

It is 2030. Imagine walking down I.I. Chundrigar Road Karachi. Imagine what will you see? Imagine if banking becomes...

Updated 03 Jan, 2024 05:58am

Markets

Habib Metropolitan Bank says it will establish wholly-owned EC

The Board of Directors of Habib Metropolitan Bank (HMB), a subsidiary of Habib Bank AG Zurich – Switzerland,...

Published 10 Oct, 2023 05:44pm

Business & Finance

Bank Alfalah to establish wholly-owned EC

Becomes sixth commercial bank to make such announcement to date

Updated 03 Oct, 2023 10:44pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 8	280.80
USD PKR Interbank Buying / Apr 8	280.55
USD to Japanese Yen / Apr 8	147.06
USD to Swiss Franc / Apr 8	0.85
Pound Sterling to USD / Apr 8	1.28
Euro to USD / Apr 8	1.10
UK LIBOR % / Apr 7	4.96

Stock	Volume
S&P 500 / Apr 7	5,062.25
Nasdaq / Apr 7	15,603.26
Dow Jones / Apr 7	37,965.60
India Sensex / Apr 8	74,620.92
Tokyo Nikkei / Apr 8	33,012.58
Hang Seng / Apr 8	20,148.82
FTSE 100 / Apr 8	7,842.81
Germany DAX 30 / Apr 8	20,014.81
France CAC40 / Apr 8	6,998.74

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 7	17,085
Gold 10 Grams PKR / Apr 7	281,297.70
Crude Oil USD/Barrel / Apr 8	61.41
Gold Spot USD/Ounce / Apr 8	3,012.10
Cotton US¢/pound / Apr 8	65.08
Petrol/Litre / Apr 9	254.63
Diesel/Litre / Apr 9	258.64

Gainers
Losers
Leaders

Stock	Price
Orient Rental / Apr 8 Orient Rental Mod(ORM)	8.89 ▲ 0.88 (10.99%)
Mandviwala / Apr 8 Mandviwala Mauser Plastic Industries(MWMP)	17.55 ▲ 1.6 (10.03%)
Shakarganj / Apr 8 Shakarganj Limited(SML)	38.70 ▲ 3.52 (10.01%)
Bunnys Limited / Apr 8 Bunnys Limited(BNL)	20.78 ▲ 1.89 (10.01%)
Leiner Pak Gelat / Apr 8 Leiner Pak Gelatine Limited(LPGL)	116.27 ▲ 10.57 (10%)
ZIL Limited / Apr 8 ZIL Limited(ZIL)	222.20 ▲ 20.2 (10%)
S.S.Oil / Apr 8 S.S.Oil Mills Limited(SSOM)	150.24 ▲ 13.66 (10%)
Biafo Ind. / Apr 8 Biafo Industries Limited(BIFO)	179.05 ▲ 16.28 (10%)
Philip Morris Pak. / Apr 8 Philip Morris (Pakistan) Limited(PMPK)	1,188.20 ▲ 108.02 (10%)
PIA Holding Co.B / Apr 8 PIA Holding Company Limited B(PIAHCLB)	1,063.81 ▲ 96.71 (10%)

Stock	Price
Oilboy Energy(R) / Apr 8 Oilboy Energy Limited(R)(OBOYR2)	2.77 ▼ -0.46 (-14.24%)
NBP PGETF / Apr 8 NBP Pakistan Growth Exchange Traded Fund(NBPGETF)	23.28 ▼ -2.9 (-11.08%)
Idrees Tex. / Apr 8 Idrees Textile Mills Limited(IDRT)	19.36 ▼ -2.15 (-10%)
Blue-Ex Ltd / Apr 8 Blue-Ex Limited (GEM)(GEMBLUEX)	54.27 ▼ -6.03 (-10%)
Diamond Ind. / Apr 8 Diamond Industries Limited(DIIL)	32.89 ▼ -3.65 (-9.99%)
I.C.C. Ind. / Apr 8 ICC Industries Limited(ICCI)	11.29 ▼ -1.25 (-9.97%)
Sindh Abadgar / Apr 8 Sindh Abadgar's Sugar Mills Limited(SASML)	52.70 ▼ -5.63 (-9.65%)
Al-Khair Gadoon / Apr 8 Al-Khair Gadoon Limited(AKGL)	41 ▼ -4.1 (-9.09%)
National Silk / Apr 8 The National Silk & Rayon Mills Limited(NSRM)	34 ▼ -3.31 (-8.87%)
Elahi Cot. / Apr 8 Elahi Cotton Mills Limited(ELCM)	118.10 ▼ -10.39 (-8.09%)

Stock	Volume
Cnergyico PK / Apr 8 Cnergyico PK Limited(CNERGY)	120,786,326 ▲ 0.57
WorldCall Telecom / Apr 8 Worldcall Telecom Limited(WTL)	55,274,278 ▲ 0.03
B.O.Punjab / Apr 8 The Bank of Punjab(BOP)	34,156,511 ▲ 0.19
Pak Elektron / Apr 8 Pak Elektron Limited(PAEL)	33,484,190 ▼ -0.12
Maple Leaf Cement / Apr 8 Maple Leaf Cement Factory Limited(MLCF)	33,262,071 ▲ 1.37
Bank Al-Falah / Apr 8 Bank Alfalah Limited(BAFL)	32,588,256 ▲ 1.77
Pak Int.Bulk / Apr 8 Pakistan International Bulk Terminal(PIBTL)	28,028,542 ▲ 0.29
K-Electric Ltd. / Apr 8 K-Electric Limited(KEL)	23,938,102 ▲ 0.11
Sui South Gas / Apr 8 Sui Southern Gas Company Limited(SSGC)	19,784,658 ▲ 0.36
Fauji Cement / Apr 8 Fauji Cement Company Limited(FCCL)	16,903,951 ▲ 1.59

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