Trends - PSMC - Business Recorder

PSMC

‘Leak of corporate data’: Cyber-attack hits Pak Suzuki Motor Company

Company says its data related to HR, financials port out to public IP

Updated 15 Apr, 2024 09:01pm

Markets

2023: Pak Suzuki bleeds Rs10.07bn in losses as sales plunge

Pak Suzuki Motor Company (PSMC) sustained massive losses to the tune of Rs10.07 billion in 2023 due to a steep...

Updated 08 Apr, 2024 10:33pm

Business & Finance

Stakeholders’ group demands revival of PSMC

ISLAMABAD: Pakistan Steel Mills Corporation (PSMC) Stakeholders’ Group which consists of employees, contractors,...

Published 16 Mar, 2024 06:26am

Business & Finance

Suzuki Motor Corporation Japan: PSMC announces terms for purchase of shares

KARACHI: Pak Suzuki Motor Company (PSMC) has announced terms, conditions and procedure for purchase of 22,145,760...

Published 17 Feb, 2024 05:51am

Markets

PSMC lists terms & conditions for purchase of shares by Suzuki Motor Corp

Pak Suzuki Motor Company Limited (PSMC) on Friday issued a list of procedures, terms and conditions for the purchase...

Updated 16 Feb, 2024 10:21pm

Business & Finance

PSMC shareholders resolve to authorise SMC Japan to repurchase stakes

KARACHI: The shareholders of Pak Suzuki Motor Company (PSMC) have resolved to authorise Suzuki Motor Corporation...

Updated 13 Feb, 2024 11:45am

Business & Finance

Suzuki Motor Corp decides to buy back PSMC shares at Rs609

Suzuki Motor Corporation (SMC), the parent company of Pak Suzuki Motor Company Limited (PSMC), has decided to...

Updated 18 Jan, 2024 03:31pm

‘Reservations on PSM, Audited Accounts authenticity’: PSMC stakeholders express concerns

ISLAMABAD: Pakistan Steel Mills Corporation (PSMC) stakeholders group has observed and expressed serious...

Updated 16 Jan, 2024 09:42am

Business & Finance

At a premium: PSX body determines ‘minimum buyback price’ of Rs609 for Pak Suzuki Motor Company

KARACHI: The Voluntary Delisting Committee (VDC) of the Pakistan Stock Exchange (PSX) has determined the ‘minimum...

Updated 16 Jan, 2024 08:07am

Markets

Suzuki Motor’s major shareholder offers to buy 26.91pc minority shares

KARACHI: Suzuki Motor Corporation, Japan, the majority shareholder has proposed to purchase 22,145,760 ordinary...

Published 05 Dec, 2023 03:01am

Business & Finance

Automakers continue to shut production amid falling demand, raw material shortage

Amid a decline in demand and the inability to procure much-needed raw material, various companies in the auto sector...

Updated 01 Dec, 2023 06:06pm

Business & Finance

Pak Suzuki announces yet another shutdown of automobile plant

Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant amid...

Updated 08 Nov, 2023 03:05pm

BR Research

Autos: Never say never

After a colossal 40 percent reduction in vehicle sales in the first quarter year on year, automobile assemblers are...

Published 02 Nov, 2023 09:24am

Business & Finance

Automakers in Pakistan announce temporary shutdowns as economic woes bite

Pak Suzuki Motor Company announces another shutdown of automobile plants
Agriauto Industries says it will observe a partial shutdown

Updated 01 Nov, 2023 04:35pm

Business & Finance

PSMC has not yet announced reduction in Suzuki car prices: spokesperson

Pak Suzuki Motor Company Limited (PSMC) has not announced a reduction in prices at present, its spokesperson...

Published 26 Oct, 2023 06:38pm

Business & Finance

Pak Suzuki announces yet another shutdown of automobile, motorcycle plants

Pak Suzuki Motor Company (PSMC) announced on Tuesday another temporary shutdown of its automobile and motorcycle...

Updated 24 Oct, 2023 05:30pm

Business & Finance

PSMC announces shutdown of automobile plant

Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant. In its...

Updated 18 Oct, 2023 05:50pm

Planned PSMC sell-off: PC asked to scrap bidding process

Secretary Industries and Production and Secretary Privatisation have been directed that further alienation of PSMC land be stopped forthwith

Updated 18 Oct, 2023 09:55am

Business & Finance

Pak Suzuki set to consider delisting from PSX, share price hits upper-limit

Board meeting on Oct 19 to review and consider majority shareholder’s intent to purchase all outstanding shares and de-listing under Rule 5.14.1. of listing regulations

Updated 12 Oct, 2023 10:51pm

Business & Finance

Pak Suzuki extends shutdown of motorcycle plant

Pak Suzuki Motor Company (PSMC) announced on Thursday that it will extend the shutdown of its motorcycle plant till...

Published 14 Sep, 2023 10:53am

BR Research

Suzuki: Glorious return

Looks like all that idle time of non-production worked out just fine for the automobile giant, Pakistan Suzuki (PSX:...

Published 28 Aug, 2023 08:44am

Markets

Pak Suzuki bleeds Rs9.68bn as losses in 6MCY23 as finance costs soar

Company remained non-operational through much of the period, as it faced inventory shortages

Updated 25 Aug, 2023 03:54pm

Pakistan

For Pakistan’s consumers and industries, economic woes are far from over

Pakistan’s last-minute deal with the International Monetary Fund (IMF) has given Islamabad some breathing room as...

Published 18 Aug, 2023 05:56pm

Business & Finance

Pak Suzuki announces another motorcycle plant shutdown

Cites shortage of inventory level as reason

Updated 18 Aug, 2023 07:37pm

Business & Finance

Pak Suzuki halts motorcycle production till Aug 15

Pak Suzuki Motor Company Limited (PSMC), the assembler of Suzuki automobiles in the country, has announced a 16-day...

Updated 31 Jul, 2023 06:46pm

BR Research

The rich and the resilient

Pricier cars becoming more uneconomical, mounting cost of borrowing at prevailing kibor rates close to 23 percent,...

Updated 13 Jul, 2023 10:11am

Business & Finance

Pak Suzuki extends automobile, motorcycle plant shutdown till July 19

Pak Suzuki Motor Company (PSMC) has decided to extend the shutdown of its automobile and motorcycle plant till July...

Updated 07 Jul, 2023 08:34pm

BR Research

Summertime madness

This week the Japanese assembler of Suzuki vehicles in Pakistan, Pak Suzuki (PSX: PSMC) announced it would keep both...

Published 23 Jun, 2023 09:44am

Pakistan

Pak Suzuki extends shutdown of motorcycle plant till June 16

Pak Suzuki Motor Company (PSMC) has announced it will extend the shutdown of its motorcycle plant until June 16,...

Updated 13 Jun, 2023 03:49pm

Business & Finance

Pak Suzuki shuts motorcycle plant till June 10

Decision made due to government import restrictions that have affected the auto sector, causing a shortage of inventory

Updated 23 May, 2023 06:55pm

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 23	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

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