Trends - NBFCs - Business Recorder

NBFCs

SECP amends Third Schedule: Securities brokers classified as ‘PIC’

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has classified securities brokers having ...

Published 23 Jul, 2024 06:34am

SECP urges FBR to reduce WHT on dividend, NBFCs & Modarabas

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has asked Federal Board of Revenue (FBR) to...

Updated 31 May, 2024 08:36am

Business & Finance

SECP issues guidelines to digital-lending NBFCs

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued guidelines to Non-banking financial...

Published 19 Mar, 2024 04:53am

Business & Finance

SECP-regulated entities: New list of audit firms unveiled

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a new list of audit firms eligible ...

Published 17 Feb, 2024 05:51am

SECP notifies draft of proposed amendments to NBFCs Rules, 2003

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced digital channels including ...

Updated 14 Jan, 2024 10:36am

Business & Finance

Nano loan app ban spree must not undermine micro-lending system: experts

ISLAMABAD: Experts have stressed that the illegal nano loan app ban spree must not undermine the importance of...

Published 07 Oct, 2023 06:01am

Digital loans: SECP issues requirements for NBFCs

ISLAMABAD: In a significant move towards promoting responsible lending and consumer safety, the Securities and...

Updated 26 Sep, 2023 09:30am

SECP strikes down ‘illegal’ personal loan applications

ISLAMABAD: In order to safeguard the public from falling into debt traps of illegal loan apps, the Securities and...

Updated 17 Aug, 2023 08:48am

Business & Finance

Digital lenders: Only SECP-approved apps available on its website are legal

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Wednesday announced that only SECP’s...

Published 20 Jul, 2023 03:12am

Applicable investment limits: Newly-licenced lending NBFCs must ensure compliance in a year: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed the newly-licensed lending...

Updated 09 Apr, 2023 11:00am

Business & Finance

SECP to allow NBFCs to launch digital fund management, lending and trustee services

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

Published 06 Apr, 2023 06:20am

Business & Finance

Unapproved digital lending apps/platforms: SECP stops NBFCs from collaborating

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

Updated 14 Mar, 2023 09:23am

Business & Finance

Google agrees to ban non-licensed digital lending apps

ISLAMABAD: Google has agreed to ban all non-licensed digital lending apps in Pakistan, most of which were operating...

Published 01 Mar, 2023 06:21am

Business & Finance

Digital lending companies: SECP working with Google, Apple to remove unauthorised apps

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is actively coordinating with Google and Apple...

Published 21 Feb, 2023 06:59am

Pakistan

SECP asks people to avoid unauthorised lending apps

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has warned the public about falling prey to...

Published 14 Feb, 2023 05:58am

SECP issues updated ‘Master Circular’ for AMCs, IAs

ISLAMABAD: In order to facilitate the asset management industry and to ensure compliance with statutory/regulatory...

Updated 21 Jan, 2023 08:50am

Business & Finance

SECP briefs NBFCs on improved regulatory requirements

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) briefed the non-banking finance companies...

Published 08 Jan, 2023 03:48am

Digital lending companies: Compliance certificates made mandatory

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will issue licenses to only those digital...

Updated 04 Jan, 2023 09:46am

Business & Finance

Digital lending firms: SECP takes notice of coercive recovery practices

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), taking notice of rising concerns involving...

Published 29 Dec, 2022 06:43am

Business & Finance

NBFCs post 17.9pc growth YoY

ISLAMABAD: The aggregate asset size of the Non-Banking Financial Companies (NBFC) sector was Rs2,110 billion as of...

Published 08 Dec, 2022 07:34am

Pakistan

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
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

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

Markets →

Budget 2024-25: income tax calculator for FY25

NBFCs

Most Popular