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NBFC

Simplifying enrolment of NBFCs: SECP introduces Self-Assessment Declaration Form

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Thursday introduced a Self-Assessment...

Updated 24 May, 2024 09:19am

Business & Finance

SECP notifies draft amendments in NBFCs rules

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has revised shareholding requirements for...

Published 17 Jan, 2024 06:02am

Alternative funding for PSDP: MoF all set to hire CEO for PDFL

ISLAMABAD: The Finance Ministry has decided to hire the Chief Executive Officer (CEO) of Pakistan Development Fund...

Updated 09 Jan, 2024 08:42am

Business & Finance

Strategic roadmap for future trajectory of insurance sector discussed

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) hosted the International Insure-Impact Conference...

Published 15 Dec, 2023 03:12am

Business & Finance

SECP to introduce cyber security framework

ISLAMABAD: Chairman Securities and Exchange Commission of Pakistan (SECP) Akif Saeed said on Wednesday that the SECP...

Published 07 Dec, 2023 04:35am

Business & Finance

NBFC sector sees 35.9% asset growth in FY23: SECP

The collective asset base of the Non-Banking Finance Companies (NBFC) sector stood at Rs2.87 trillion as of June 20,...

Published 06 Dec, 2023 10:05pm

Pakistan

Clarification

ISLAMABAD: This refers to the news item published in your esteemed newspaper dated 05.10.23 regarding M/s. Saudi Pak...

Published 19 Oct, 2023 05:10am

Business & Finance

SECP issues Shariah compliance certificate to licenced NBFC

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a Shariah compliance certificate to ...

Published 07 Sep, 2023 06:21am

Technology

Google Play introduces new screening policy for DLA in Pakistan

KARACHI: Google has introduced a new policy for personal loan applications with the commitment of protecting...

Published 20 Jul, 2023 03:12am

Business & Finance

Pacra reaffirms credit rating of PMIC

ISLAMABAD: The Pakistan Credit Rating Agency (Pacra) has maintained the long term and short term entity ratings of...

Published 29 Jun, 2023 04:19am

Business & Finance

SECP amends NBFC regulations to adapt to new technologies

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has revised the Non-Banking Finance Companies...

Published 18 May, 2023 06:10am

Business & Finance

ABHI says has made history by issuing Islamic bonds worth Rs2bn

LAHORE: ABHI, a growing embedded finance platform in the MENAP region, announces it has made history by issuing...

Published 16 May, 2023 03:23am

Business & Finance

SIBL applies to SECP for conversion into Shariah-compliant bank

ISLAMABAD: Security Investment Bank Limited (SIBL) has applied to the Securities and Exchange Commission of Pakistan...

Published 13 May, 2023 05:59am

Country-specific licensing documentation a must: Google tightens the noose around loan apps’ operators

ISLAMABAD: Google has introduced additional requirements for digital lending apps in Pakistan by directing personal...

Updated 11 Apr, 2023 10:07am

Business & Finance

Qistbazaar posts Rs1bn sales in just 17 months

ISLAMABAD: Qistbazaar, a leading e-commerce startup, has achieved the milestone of Rs. 1.0 billion in sales, in just...

Published 09 Apr, 2023 05:58am

Business & Finance

IGI Life Insurance to launch pension fund with Mahaana Wealth as investment advisor

IGI Life Insurance is set to launch a pension fund in partnership with Mahaana Wealth, Pakistan’s first digital...

Published 22 Mar, 2023 04:15am

Pakistan

Pakistan’s fintech Trukkr says it has raised $6.4mn in seed funding

KARACHI: Trukkr, a fintech platform for Pakistan’s trucking industry, said on Tuesday it had raised $6.4 million in...

Published 07 Mar, 2023 04:22pm

Business & Finance

Digital lenders: SECP restricts issuance of minimum mandatory disclosures for borrowers

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has made it mandatory for the digital lenders,...

Published 15 Jan, 2023 04:01am

Pakistan

Pakistan to see its first digital wealth management company with launch of Mahaana

The company recently closed a $2.1-million pre-seed round, will introduce technology-led investment management in the country

Updated 23 Aug, 2022 09:23am

Financial institutions regulated by SECP: Banks not responsible for FATF’s AML/CFT obligations

ISLAMABAD: Banks are not responsible for the Financial Action Task Force (FATF)’s anti-money laundering and...

Updated 01 May, 2022 09:13am

Pakistan

First cohort of Regulatory Sandbox: SECP permits six solutions for testing

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in its first cohort of Regulatory Sandbox,...

Published 26 Feb, 2022 04:37am

Pakistan

SECP cancels licence of Trust Investment Bank Ltd

ISLAMABAD: ‘’Please be informed that the SECP has cancelled the license of Trust Investment Bank Limited (TIBL)...

Published 28 Jan, 2022 04:45am

Pakistan

PMIC wins Pakistan Banking Award

KARACHI: Pakistan Microfinance Investment Company Limited (PMIC) has been honoured with the "Best contribution by a...

Published 01 Nov, 2021 05:02am

Pakistan

SECP directs leasing cos to include vehicle financing

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed the leasing companies to include...

Published 26 May, 2021 03:45am

Business & Finance

Issuing instrument in nature of redeemable capital: SECP notifies list of investors, funds and schemes

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified the list of ...

Updated 21 Apr, 2021 10:07am

Futures contracts: SECP unveils new conditions for investment by CIS

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has prescribed new conditions for investment in...

Published 11 Apr, 2021 05:27am

Pakistan

SECP’s commitment to outcome-based regulation reiterated

ISLAMABAD: Chairman, Securities and Exchange Commission of Pakistan (SECP), Aamir Khan, reiterated the SECP’s...

Published 30 Mar, 2021 05:45am

Business

Govt retains corporate income tax exemption to REITs

ISLAMABAD: The government has retained the corporate income tax exemption available to the Real Estate Investment...

Published 30 Mar, 2021 05:45am

Pakistan

NBFC sector increases by 23.86pc: Report

The report said fee has been reduced to 0.02 percent effective from July 1, 2019.

Published 08 Mar, 2021 07:10pm

NBFIs: Any person facing NAB reference cannot be given key posts: SECP

ISLAMABAD: Any person against whom a reference has been filed in court by the National Accountability Bureau (NAB)...

Published 03 Feb, 2021 04:35am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	157.10
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.25
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
India Sensex / Dec 23	78,540.17
Tokyo Nikkei / Dec 23	39,055.35
Nasdaq / Dec 23	19,764.89
Hang Seng / Dec 23	20,105.38
FTSE 100 / Dec 23	8,102.72
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77

Item	Value
Crude Oil USD/Barrel / Dec 23	69.60
Karachi Cotton PKR/37.32 KG / Dec 23	17,785
Gold 10 Grams PKR / Dec 23	241,087.80
Gold Spot USD/Ounce / Dec 23	2,617.29
Cotton US¢/pound / Dec 23	69.11
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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