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Bangladesh operations: Bank Alfalah receives non-binding offer from Sri Lanka’s Hattan National Bank

Hattan National Bank (HNB), a private-sector commercial bank in Sri Lanka, has made a non-binding offer to acquire...

Published 26 Aug, 2024 03:55pm

Business & Finance

Price deregulation: Pakistan’s pharma sector sales hit $3.3bn in FY24, 22% higher year-on-year

Pakistan’s pharmaceutical industry achieved sales of Rs916 billion (USD 3.3 billion) in FY24, a 22% year-on-year...

Updated 21 Aug, 2024 03:59pm

Markets

April sales 6-month low: OMCs

ISLAMABAD: Oil marketing companies (OMCs) in April 2024 posted monthly sales of 1.1mn tons which is six months low...

Published 03 May, 2024 06:29am

Business & Finance

Export purposes: Manufacturing of 10-stick cigarette packs may result in local market sales: activists

ISLAMABAD: The health activists on Tuesday apprehended that any move to allow manufacturing of 10-stick cigarette...

Published 24 Apr, 2024 03:50am

Business & Finance

Sales: tax practitioners point out major anomaly

LAHORE: Treating sales alone as income without considering purchases in order to establish suppression of sales is...

Published 18 Jan, 2024 05:54am

Business & Finance

UK retailers turn positive on sales hopes after bleak winter

LONDON: British retailers reported their first positive sales expectations in seven months, according to a survey...

Published 28 Mar, 2023 06:21am

Business & Finance

Telenor pushes ahead with plan to sell Pakistan operations: report

Strategic buyers in the Middle East and Asia are expected to show interest, reported Bloomberg

Updated 10 Nov, 2022 03:34pm

Business & Finance

KPRA says operating ‘Restaurant Invoice Monitoring System’ successfully

PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) is successfully operating Restaurant Invoice Monitoring...

Published 03 May, 2022 03:47am

Business & Finance

Barclays faces $590m hit, scrutiny over sales slip-up

LONDON/NEW YORK: British bank Barclays faces an estimated 450 million pound ($592 million) loss and regulatory...

Published 31 Mar, 2022 06:31am

Export promotion scheme: FBR for allowing 30pc local sales

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to allow local sales of 30 percent of the finished...

Published 07 Jun, 2021 03:34am

Business & Finance

Pakistan’s textile giant to invest $300mn in next five years

The company said that under the vision it will endeavor to double its sales by FY2025-26 when compared to the sales in the FY2020 -21.

Published 29 Apr, 2021 10:08am

London wins ‘super prime’ property hot spot

LONDON: London beat Hong Kong and New York to become the most popular city to buy ultra-luxurious residential...

Published 13 Apr, 2021 04:31am

Life & Style

Long-lost Fragonard painting resurfaces in France

PARIS: A painting by the Rococo master Jean-Honore Fragonard not seen in over two centuries has been discovered in...

Published 27 Mar, 2021 05:41am

Business & Finance

Lamborghini made the most profit amidst the Pandemic

Lamborghini had its most profitable year in history during the COVID-19 pandemic. Although revenues may have been...

Published 22 Mar, 2021 06:52pm

Business & Finance

Apple ousted Samsung & Xiaomi as the top-selling smartphone brand in late 2020

Apple overtook Samsung and Xiaomi to become the top-selling smartphone brand in the fourth quarter of 2020.
Apple also claimed a market share of 20.8 percent in the 4th quarter of 2020.

...

Published 23 Feb, 2021 04:22pm

Technology

Pinterest Revenue Rises during the Holiday Season

Pinterest's fourth-quarter revenue rose by 76% to $706 million

Published 05 Feb, 2021 02:30pm

Business & Finance

Hyundai Pakistan to Boost Production by 100pc

Hyundai Pakistan plans on increasing its production capacity by 100 percent in the first quarter of the new year.

Published 08 Jan, 2021 02:03pm

Business & Finance

Economy Recovers as Cement, Consumer Goods & Cars Sale Rise Amidst COVID Wave: SBP

Sales for cement, consumer goods and cars rise as Pakistan encounters the second wave during the first quarter of financial year 2021, according to the State Bank of Pakistan (SBP).

Updated 15 Dec, 2020 01:18pm

Business & Finance

U.S. weapons exports rise 2.8% to $175 billion in fiscal 2020

Trump's administration in 2018 rolled out a new "Buy American" program that relaxed restrictions here on military sales while encouraging U.S. officials to take a bigger role in increasing business overseas for the U.S. weapons industry.

Published 05 Dec, 2020 11:36am

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

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