Trends - Nasser Abdulla Hussain Lootah

Nasser Abdulla Hussain Lootah

Bank Makramah Limited appoints new board chair

The Board of Directors (BoD) of Bank Makramah Limited (BML), formerly known as Summit Bank Limited, has appointed...

Updated 21 Dec, 2023 06:31pm

Business & Finance

Summit Bank shareholders approve change of name to Bank Makramah Ltd

KARACHI: Summit Bank Limited on Tuesday convened its Extraordinary General Meeting (EOGM), where the shareholders...

Published 17 Aug, 2023 03:49am

Business & Finance

Summit Bank: BoD approves Lootah’s appointment as non-executive director

KARACHI: The board of directors of Summit Bank Limited has approved the appointment of Nasser Abdulla Hussain Lootah...

Published 29 Apr, 2023 06:04am

Business & Finance

Lootah acquires controlling stake in Summit Bank

KARACHI: Prominent UAE national, investor, and a longstanding friend of Pakistan, Nasser Abdulla Hussain Lootah, has...

Published 27 Apr, 2023 06:24am

Business & Finance

Summit Bank equity injection completed

KARACHI: Summit Bank Limited announced that a key milestone relating to equity injection from H.E. Nasser Abdulla...

Published 18 Jan, 2023 06:22am

Summit Bank shareholding: Lootah proposes to amend share subscription agreement

KARACHI: Nasser Abdulla Hussain Lootah has proposed to amend the share subscription agreement to reflect that he...

Published 13 Dec, 2022 05:58am

Business & Finance

Bugis Investments sells its entire stake in MCB Bank for nearly Rs7.48bn

Transaction completed on Monday at purchase price of Rs115 per share

Published 12 Dec, 2022 05:34pm

Business & Finance

Summit Bank shares subscription: Shareholders okay inclusion of Iqbal in Lootah consortium

KARACHI: The shareholders of Summit Bank Limited approved the inclusion of Salman Iqbal in the consortium of Nasser...

Published 10 Jun, 2022 06:16am

Business & Finance

Broadcaster agrees to acquire 25pc shares of Summit Bank

KARACHI: Salman Iqbal, CEO of local television network, has agreed to acquire some 25 percent stakes in Summit Bank...

Published 07 May, 2022 06:31am

Tender offer issued: UAE investor seeks to acquire 51pc stake of Summit Bank

KARACHI: Nasser Abdulla Hussain Lootah, a Dubai-based businessman, has released tender offer to acquire at least 51...

Updated 23 Mar, 2022 09:56am

Business & Finance

Tender offer issued: UAE investor seeks to acquire 51pc stake of Summit Bank

KARACHI: Nasser Abdulla Hussain Lootah, a Dubai-based businessman, has released tender offer to acquire at least 51...

Published 23 Mar, 2022 04:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01