Trends - Summit Bank - Business Recorder

Summit Bank

Bank Makramah’s board approves restructuring scheme

Net assets to increase by Rs29.39bn, says BML

Updated 28 Nov, 2024 05:27pm

Govt allows name change of Summit Bank to Bank Makramah Ltd

ISLAMABAD: The Federal Cabinet has allowed the name change of Summit Bank to Bank Makramah Limited and voting rights...

Updated 14 Oct, 2023 05:32pm

Business & Finance

Summit Bank: BoD approves Lootah’s appointment as non-executive director

KARACHI: The board of directors of Summit Bank Limited has approved the appointment of Nasser Abdulla Hussain Lootah...

Published 29 Apr, 2023 06:04am

Business & Finance

Lootah acquires controlling stake in Summit Bank

KARACHI: Prominent UAE national, investor, and a longstanding friend of Pakistan, Nasser Abdulla Hussain Lootah, has...

Published 27 Apr, 2023 06:24am

Summit Bank shareholding: Lootah proposes to amend share subscription agreement

KARACHI: Nasser Abdulla Hussain Lootah has proposed to amend the share subscription agreement to reflect that he...

Published 13 Dec, 2022 05:58am

Business & Finance

Bugis Investments sells its entire stake in MCB Bank for nearly Rs7.48bn

Transaction completed on Monday at purchase price of Rs115 per share

Published 12 Dec, 2022 05:34pm

Business & Finance

Summit Bank shares subscription: Shareholders okay inclusion of Iqbal in Lootah consortium

KARACHI: The shareholders of Summit Bank Limited approved the inclusion of Salman Iqbal in the consortium of Nasser...

Published 10 Jun, 2022 06:16am

Business & Finance

Broadcaster agrees to acquire 25pc shares of Summit Bank

KARACHI: Salman Iqbal, CEO of local television network, has agreed to acquire some 25 percent stakes in Summit Bank...

Published 07 May, 2022 06:31am

Tender offer issued: UAE investor seeks to acquire 51pc stake of Summit Bank

KARACHI: Nasser Abdulla Hussain Lootah, a Dubai-based businessman, has released tender offer to acquire at least 51...

Updated 23 Mar, 2022 09:56am

Business & Finance

Tender offer issued: UAE investor seeks to acquire 51pc stake of Summit Bank

KARACHI: Nasser Abdulla Hussain Lootah, a Dubai-based businessman, has released tender offer to acquire at least 51...

Published 23 Mar, 2022 04:58am

Summit Bank BoD okays raise in authorized capital

KARACHI: The board of directors of Summit Bank Limited has approved increase in the authorized capital of the bank,...

Published 12 Oct, 2021 02:58am

Markets

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 19 Feb, 2021 04:07am

Pakistan

AC adjourns hearing of Park Lane, mega money laundering cases till 17th

ISLAMABAD: The Accountability Court Islamabad on Monday adjourned hearing of Park Lane and mega money laundering...

Updated 09 Feb, 2021 10:12am

Markets

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 09 Feb, 2021 04:43am

Markets

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 04 Feb, 2021 04:13am

Markets

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 30 Jan, 2021 03:55am

Markets

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 23 Jan, 2021 03:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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