Trends - SUVs - Business Recorder

SUVs

Wait is over

It has taken 41 months for net automobile loans to circle back to the level they used to be. That’s nearly three...

Updated 28 Apr, 2025 08:08am

BR Research

Back in gear

As small as Pakistan’s automobile industry is, it has contracted significantly in recent years. By FY24, industry...

Published 08 Apr, 2025 09:04am

BR Research

‘Owning’ the market

Car sales are rising and driving up the premiums as they go. Known locally as “own money”, this is where buyers pay...

Published 27 Mar, 2025 06:59am

BR Research

INDU: Good ol’ demand

It wasn’t too long ago when Indus Motors was keeping its plant shut down due to material shortages and supply chain...

Published 14 Mar, 2025 07:36am

BR Research

Shifting gears

The automotive market is salvaging its size. After dropping to a historic low in FY24, the market is growing once...

Published 19 Feb, 2025 07:49am

Markets

Rivian says other automakers ‘knocking on door’ about tech from VW joint venture

PALO ALTO: A joint venture between US electric pickup and SUV maker Rivian and Volkswagen is in talks with other...

Published 24 Jan, 2025 10:49am

BR Research

Mixed signals

Consumers say they don’t intend to purchase motor vehicles in the next six months—well, most consumers, not all;...

Published 15 Jan, 2025 07:55am

Markets

SUVs take the spotlight as Pakistan car sales soar 69% YoY in December

Car sales in Pakistan surged 69% to 9,820 units in December 2024 as compared to the same month of the last year,...

Updated 14 Jan, 2025 11:51pm

Pakistan

Imposing pickup trucks symbolise country's power gulf

KARACHI: In country’s largest city, cars inch forward in bumper-to-bumper traffic. But some seamlessly carve...

Published 21 Dec, 2024 06:24am

BR Research

Forget FY24

In 2021, buckling under the pressure of a rising import bill, soaring inflation, and shrinking reserves, the State...

Published 12 Dec, 2024 08:37am

Business & Finance

SUVs/EVs: FBR chairman briefs Senate body on chargeability of FED

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Wednesday informed that Ministry of ...

Published 12 Dec, 2024 07:23am

Business & Finance

Pakistan’s first electric SUV Seres 3 unveiled

KARACHI: Regal Automobiles Industries Limited, a trailblazer in Pakistan’s automotive sector, has made history ...

Published 02 Dec, 2024 06:04am

BR Research

Cars on the cards

A 50 percent increase in volumes should have automobile assemblers writing self-congratulatory notes to themselves,...

Published 22 Nov, 2024 09:06am

BR Research

Don’t bury the Lede

The shrinking of the automobile market for newly assembled vehicles is almost palpable and can be felt (by...

Published 21 Oct, 2024 09:12am

BR Research

Autos: It’s not over

In a great display of resilience, automobile sales have remained consistently strong on May 24 after delivering a...

Published 21 Jun, 2024 08:59am

BR Research

Misery meets company

If the worthy reader too cannot keep up with the barrage of news on price cuts being offered by various automobile...

Published 20 May, 2024 08:49am

Business & Finance

Lamborghini posts record 2023 sales, helped by SUVs

MILAN: Italian sportscar manufacturer Lamborghini on Thursday reported record sales in 2023 with worldwide ...

Published 29 Mar, 2024 04:44am

BR Research

Autos: Unpromising!

In two more months, the automotive industry would have reached the half-way point into the fiscal year that is FY24,...

Published 16 Nov, 2023 08:39am

BR Research

Bad romance

In the last recorded quarter (Jun-23), none of the three listed automotive assemblers in Pakistan was in losses,...

Published 13 Oct, 2023 08:52am

BR Research

Autos: The scatter here is too great

The headlines haven’t changed—automobile volumes are down (in FY23, volumes shrank by 55 percent for passenger cars,...

Published 24 Aug, 2023 08:44am

BR Research

The reckoning

Automotive industry is large enough and auto OEMs are making enough profits for analysts to talk about it endlessly....

Published 18 Aug, 2023 08:38am

Business & Finance

India’s Mahindra and Mahindra Q1 profit nearly doubles

BENGALURU: India’s Mahindra and Mahindra on Friday reported a first-quarter profit that nearly doubled, surpassing...

Published 05 Aug, 2023 06:00am

BR Research

Siren song

Imagine for a moment, an industry whose market size has been halved within a span of a single year despite new ...

Published 04 Aug, 2023 08:18am

Business & Finance

MG HS Excite and 2.0 AWD: MG Pakistan to launch two new variants

LAHORE: MG Pakistan – a joint venture between SAIC, the number one Chinese and the sixth-largest global automobile...

Updated 25 Jul, 2023 08:00pm

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

BR Research

Autos: Head-on collision

While March numbers would give pause and indicate there may still be ample demand in the market for newly assembled...

Published 11 May, 2023 09:01am

Business & Finance

India’s passenger vehicle sales up 26.7% in FY23

NEW DELHI: India’s passenger vehicles sales grew 26.7% in the fiscal year 2022-23, as chip shortages eased and...

Published 13 Apr, 2023 12:19pm

BR Research

Auto: Idle hands

The automotive market—including, passenger cars, light commercial vehicles (LCVs) and SUVs—has shrunk 43 percent...

Published 11 Apr, 2023 08:53am

BR Research

Crash and burn

Automotive assemblers are trying to make do. In the first half of the fiscal year, volumes have shrunk 38 percent...

Published 19 Jan, 2023 07:58am

Business & Finance

Ford recalls nearly 519,000 US vehicles over fire risks

Ford Motor Co is recalling nearly 519,000 sport utility vehicles (SUVs) in the United States over fire risks from...

Published 24 Nov, 2022 04:53pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	281
USD PKR Interbank Buying / Apr 30	280.80
USD to Japanese Yen / May 1	144.31
USD to Swiss Franc / May 1	0.83
Pound Sterling to USD / May 1	1.33
Euro to USD / May 1	1.13
UK LIBOR % / Apr 30	4.96

Stock	Volume
S&P 500 / Apr 30	5,569.06
India Sensex / Apr 30	80,242.24
Tokyo Nikkei / Apr 30	36,241.70
Nasdaq / Apr 30	17,446.34
Hang Seng / Apr 30	22,119.41
Dow Jones / Apr 30	40,669.36
Germany DAX 30 / Apr 30	22,496.98
France CAC40 / Apr 30	7,593.87
FTSE 100 / May 1	8,493.40

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	16,985
Gold 10 Grams PKR / Apr 30	296,476
Crude Oil USD/Barrel / May 1	56.60
Gold Spot USD/Ounce / May 1	3,222.54
Cotton US¢/pound / May 1	65.83
Petrol/Litre / May 2	252.63
Diesel/Litre / May 2	256.64

Gainers
Losers
Leaders

Stock	Price
J.A.Textile / Apr 30 J.A. Textile Mills Limited(JATM)	20.90 ▲ 1.9 (10%)
Punjab Oil / Apr 30 Punjab Oil Mills Limited(POML)	178.67 ▲ 16.24 (10%)
PIA Holding Co.B / Apr 30 PIA Holding Company Limited B(PIAHCLB)	4,366.33 ▲ 396.94 (10%)
First Elite Cap.Mod / Apr 30 First Elite Capital Modaraba(FECM)	12.68 ▲ 1.15 (9.97%)
Jubilee Spinning / Apr 30 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	12.70 ▲ 1.15 (9.96%)
Shakarganj / Apr 30 Shakarganj Limited(SML)	52.29 ▲ 4.35 (9.07%)
Burshane LPG / Apr 30 Burshane LPG (Pakistan) Limited(BPL)	29.03 ▲ 2.03 (7.52%)
Engro Poly(Pref / Apr 30 Engro Poly(Pref)(EPCLPS)	11.99 ▲ 0.81 (7.25%)
Sakrand Sugar / Apr 30 Sakrand Sugar Mills Limited(SKRS)	12.23 ▲ 0.81 (7.09%)
Intermarket Securities / Apr 30 Intermarket Securities Limited(IMS)	45.97 ▲ 2.98 (6.93%)

Stock	Price
United Brands / Apr 30 United Brands Limited(UBDL)	20.93 ▼ -2.33 (-10.02%)
AGP Limited / Apr 30 AGP Limited(AGP)	186.05 ▼ -20.67 (-10%)
Sunrays Textile / Apr 30 Sunrays Textile Mills Limited(SUTM)	170.30 ▼ -18.92 (-10%)
Chakwal Spinning / Apr 30 Chakwal Spinning Mills Limited(CWSM)	47.64 ▼ -5.29 (-9.99%)
Kohinoor Energy / Apr 30 Kohinoor Energy Limited(KOHE)	17.76 ▼ -1.97 (-9.98%)
Adamjee Life Assur. / Apr 30 Adamjee Life Assurance Company Limited(ALIFE)	25.23 ▼ -2.79 (-9.96%)
Bela Auto / Apr 30 Bela Automotives Limited(BELA)	127 ▼ -14 (-9.93%)
National Silk / Apr 30 The National Silk & Rayon Mills Limited(NSRM)	42.46 ▼ -4.67 (-9.91%)
Nishat Mills Ltd / Apr 30 Nishat Mills Limited(NML)	101.35 ▼ -11.12 (-9.89%)
Amtex Ltd / Apr 30 Amtex Limited(AMTEX)	2.30 ▼ -0.25 (-9.8%)

Stock	Volume
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	46,167,601 ▼ -0.72
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	40,695,095 ▼ -0.01
B.O.Punjab / Apr 30 The Bank of Punjab(BOP)	20,001,384 ▼ -0.36
K-Electric Ltd. / Apr 30 K-Electric Limited(KEL)	17,624,493 ▼ -0.11
Maple Leaf Cement / Apr 30 Maple Leaf Cement Factory Limited(MLCF)	15,370,507 ▼ -1.87
Power Cement / Apr 30 Power Cement Limited(POWER)	14,502,204 ▼ -0.43
Sui South Gas / Apr 30 Sui Southern Gas Company Limited(SSGC)	14,104,286 ▼ -2.06
Sui North Gas / Apr 30 Sui Northern Gas Pipelines Limited(SNGP)	13,883,713 ▲ 0.45
Fauji Cement / Apr 30 Fauji Cement Company Limited(FCCL)	13,723,423 ▼ -0.92
At-Tahur Ltd. / Apr 30 At-Tahur Limited(PREMA)	13,002,379 ▼ -6.85

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