Trends - Nestle - Business Recorder

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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

Pakistan

Meeting with Nestle officials

ISLAMABAD: Chairperson BISP Rubina Khalid and Secretary BISP Amer Ali Ahmad met with the officials of Nestle...

Published 14 Dec, 2024 08:00am

Business & Finance

Nestle names Laurent Freixe new CEO

ZURICH: Nestle is replacing Chief Executive Mark Schneider with long-serving executive Laurent Freixe, the company...

Published 23 Aug, 2024 03:24am

Markets

From PepsiCo to P&G, India becomes next big growth bet as China lags

India has become the next big bet for PepsiCo, Unilever and other packaged goods giants looking to fill the growth...

Published 09 Aug, 2024 03:17pm

Business & Finance

Nestle cuts sales forecast as price rises slow

ZURICH: Swiss food giant Nestle lowered its sales growth outlook for 2024 Thursday as it slowed its price increases...

Published 25 Jul, 2024 05:04pm

Pakistan

UVAS signs MoU with Nestle

LAHORE: The University of Veterinary and Animal Sciences (UVAS) Lahore signed a Memorandum of Understanding with...

Published 31 May, 2024 06:58am

Business & Finance

Nestle India shareholders vote against rise in royalty to Swiss parent

MUMBAI: Shareholders in Nestle India have rejected a company proposal to increase royalty payments to its Swiss...

Published 19 May, 2024 03:00am

Markets

Pakistani companies with market cap of over $1bn at PSX

A total of six listed companies have a market cap ranging from $1.13 billion to $2.15 billion as of May 15, 2024

Updated 16 May, 2024 12:36pm

Business & Finance

Nestlé Pakistan’s Q1 revenue rises to Rs54.4bn

LAHORE: Nestlé Pakistan’s revenue, for the three-month period ending March 31, 2024, rose to PKR 54.4 billion...

Published 27 Apr, 2024 05:03am

Markets

European stocks retreat on earnings gloom

PARIS: European stocks dropped on Thursday, hit by bleak earnings from consumer giant Nestle and Dutch digital...

Published 26 Apr, 2024 04:15am

Business & Finance

Nestle misses quarterly sales estimates

LONDON: Nestle on Thursday missed first-quarter organic sales growth estimates as the world’s biggest packaged food...

Published 25 Apr, 2024 10:53am

Business & Finance

Nestle says net profits up 20.9 percent last year

ZURICH: Food giant Nestle Thursday said net profits last year rose 20.9 percent to 11.2 billion Swiss francs ($12.7...

Published 22 Feb, 2024 12:11pm

BR Research

Nestle sets the way

Earlier this month, Nestlé Pakistan inaugurated a 2.5 MW solar power plant, which is under its Rs2 billion...

Updated 28 Dec, 2023 03:53pm

Supplements

35 Years Nestle Pakistan: Messages from Dr. Gohar Ejaz Federal Minister for Commerce and Industries & Production

I extend my heartfelt congratulations to Nestlé Pakistan on the auspicious occasion of the inauguration of the 2.5...

Published 15 Dec, 2023 03:12am

Business & Finance

Nestlé celebrates 35 years of Pakistan operations with Rs2bn investment towards renewable energy

To celebrate 35 years of its operations in the country, Nestlé Pakistan is reinforcing its dedication to Pakistan’s...

Published 14 Dec, 2023 01:50pm

Business & Finance

Nestlé powers Rs2bn renewable energy investment in Pakistan

LAHORE: Nestlé reaffirms its commitment to Pakistan’s vision for renewable energy with investment of Rs 2 billion...

Published 14 Dec, 2023 05:24am

Life & Style

Confectioners eye holiday boost as UK shoppers snub expensive gifts

LONDON: Quality Street maker Nestle and Cadbury owner Mondelez are seeing higher sales of confectionery in Britain...

Published 11 Dec, 2023 06:23pm

Business & Finance

Nestlé Pakistan wins two top awards

ISLAMABAD: Nestlé Pakistan won two top awards in the categories of Gender Equity and Agri Tech & Food Security...

Published 24 Nov, 2023 05:29am

World

Turkish parliament removes brands from menu over alleged Israel support

ANKARA: Turkiye’s parliament removed Coca Cola and Nestle products from its restaurants on Tuesday over their...

Published 07 Nov, 2023 07:06pm

World

China will further expand market access: Premier Li

SHANGHAI: China will further expand market access and imports, promote opening up and market opportunities and...

Published 05 Nov, 2023 10:46am

Business & Finance

Nestlé Pakistan posts third-quarter results

KARACHI: Nestlé Pakistan recorded revenue of Rs151,153 million for the third quarter of 2023, an increase of 24.9...

Published 20 Oct, 2023 05:17am

Business & Finance

Nestle posts 7.8% rise in nine-month sales

LONDON: Nestle posted lower-than-expected nine-month sales growth on Thursday as higher product prices made shoppers...

Published 19 Oct, 2023 10:52am

Business & Finance

Nestlé Pakistan launches campaign on goodness of food

LAHORE: Nestlé Pakistan launched its corporate campaign – ‘Achai Se Bana, Achai Ke Liay’ emphasising the...

Published 10 Oct, 2023 06:19am

Opinion

Corporate secrets. And more…

Secrets always titillate the imagination. Create interest. This may lead to increased sales, brand value...

Updated 13 Sep, 2023 06:53am

Pakistan

Experts say need for innovative irrigation solutions to improve agri productivity

ISLAMABAD: Experts at a panel discussion organized by Lahore University of Management Sciences (LUMS) and Nestle...

Published 24 Aug, 2023 06:22am

Business & Finance

1H2023 Nestlé Pakistan’s sales rise by 26.1pc YoY

KARACHI: Nestlé Pakistan’s sales for the first half of 2023 rose by 26.1 percent as compared to the same period...

Published 01 Aug, 2023 06:19am

Business & Finance

Nestle ramps up Nigeria raw material sourcing as forex squeeze bites

LONDON: Food giant Nestle’s businesses in Nigeria and other African countries are ramping up sourcing of local raw...

Published 26 Jun, 2023 12:11pm

Business & Finance

Global consumer giants’ bottom lines boosted by price hikes - but will the spending last?

NEW YORK: Major global consumer-facing companies like McDonald’s, General Motors and Nestle posted steady...

Published 02 May, 2023 05:59am

Business & Finance

Nestlé, Ufone 4G team up to establish advanced customer contact centre

KARACHI: Nestlé Pakistan Limited, a leading global food and beverage company, has collaborated with Pakistani...

Published 08 Mar, 2023 06:20am

Business & Finance

Nestle to close factory in Myanmar

YANGON: Swiss food giant Nestle will halt all production in Myanmar, a spokesperson said Monday, the latest firm to...

Published 06 Mar, 2023 08:16am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	1.05
USD to Swiss Franc / Dec 17	0.90
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	154.09

Stock	Volume
S&P 500 / Dec 16	6,074.08
Nasdaq / Dec 16	20,173.89
Dow Jones / Dec 16	43,717.48
India Sensex / Dec 17	80,962.81
Tokyo Nikkei / Dec 17	39,364.68
Hang Seng / Dec 17	19,777.10
FTSE 100 / Dec 17	8,214.43
Germany DAX 30 / Dec 17	20,290.76

Item	Value
Gold 10 Grams PKR / Dec 16	243,059.70
Crude Oil USD/Barrel / Dec 17	70.82
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold Spot USD/Ounce / Dec 17	2,654.67
Cotton US¢/pound / Dec 17	69.11
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Dec 17 Dadabhoy Cement Industries Limited(DBCI)	7.11 ▲ 1.00 (16.37%)
First Capital Equities / Dec 17 First Capital Equities Limited(FCEL)	6.74 ▲ 0.82 (13.85%)
Oilboy Energy / Dec 17 Oilboy Energy Limited(OBOY)	10.45 ▲ 1.00 (10.58%)
LSE Financial Serv. / Dec 17 LSE Financial Services Limited(LSEFSL)	18.32 ▲ 1.67 (10.03%)
Air Link Com. / Dec 17 Air Link Communication Limited(AIRLINK)	208.93 ▲ 18.99 (10.00%)
Data Agro / Dec 17 Data Agro Limited(DAAG)	126.58 ▲ 11.51 (10.00%)
Fazal Cloth / Dec 17 Fazal Cloth Mills Limited(FZCM)	179.55 ▲ 16.32 (10.00%)
Land Mark Spinning / Dec 17 Landmark Spinning Industries Limited(LMSM)	63.91 ▲ 5.81 (10.00%)
Pak Datacom / Dec 17 Pak Datacom Limited(PAKD)	94.49 ▲ 8.59 (10.00%)

Stock	Price
Tri-Star Power / Dec 17 Tri-Star Power Limited(TSPL)	5.51 ▼ -0.74 (-11.84%)
Gulshan Sp. / Dec 17 Gulshan Spinning Mills Limited(GSPM)	4.19 ▼ -0.51 (-10.85%)
Sanghar Sugar / Dec 17 Sanghar Sugar Mills Limited(SANSM)	32.02 ▼ -3.56 (-10.01%)
Aisha Steel (CPS) / Dec 17 Aisha Steel Mills Limited (CPS)(ASLCPS)	20.17 ▼ -2.24 (-10.00%)
Chakwal Spinning / Dec 17 Chakwal Spinning Mills Limited(CWSM)	53.72 ▼ -5.97 (-10.00%)
Leiner Pak Gelat / Dec 17 Leiner Pak Gelatine Limited(LPGL)	126.67 ▼ -14.07 (-10.00%)
Mari Petroleum / Dec 17 Mari Petroleum Company Limited(MARI)	809.76 ▼ -89.97 (-10.00%)
Quetta Textile / Dec 17 Quetta Textile Mills Limited(QUET)	17.73 ▼ -1.97 (-10.00%)
Fateh Ind. / Dec 17 Fateh Industries Limited(FIL)	120.57 ▼ -13.37 (-9.98%)

Stock	Volume
WorldCall Telecom / Dec 17 Worldcall Telecom Limited(WTL)	403,228,918 ▼ -0.06
Pak Elektron / Dec 17 Pak Elektron Limited(PAEL)	107,379,306 ▲ 3.33
Cnergyico PK / Dec 17 Cnergyico PK Limited(CNERGY)	59,584,754 ▼ -0.06
B.O.Punjab / Dec 17 The Bank of Punjab(BOP)	57,023,129 ▲ 0.59
Pak Refinery / Dec 17 Pakistan Refinery Limited(PRL)	55,947,968 ▲ 3.65
Sui South Gas / Dec 17 Sui Southern Gas Company Limited(SSGC)	42,917,218 ▲ 1.17
PIA Holding Co.Ltd / Dec 17 PIA Holding Company Limited(PIAHCLA)	36,337,248 ▲ 1.16
Fauji Foods Ltd / Dec 17 Fauji Foods Limited(FFL)	33,958,478 ▼ -0.28
Hub Power Co. / Dec 17 The Hub Power Company Limited(HUBC)	33,067,460 ▲ 11.97

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