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UniCredit

European stocks sink

FRANKFURT: Europe’s main stock index touched its lowest level in three months on Tuesday, as escalating...

Published 20 Nov, 2024 06:45am

Business & Finance

Commerzbank CEO focused on standalone strategy amid UniCredit interest

WASHINGTON: Commerzbank CEO Bettina Orlopp said on Friday that the lender was focusing on its standalone strategy,...

Published 25 Oct, 2024 08:48pm

Business & Finance

UniCredit signs agreement for 500 new jobs, 1,000 voluntary exits

MILAN: UniCredit has signed an agreement with labour unions for the employment of 500 people and 1,000 voluntary...

Published 17 Oct, 2024 11:59am

Business & Finance

Commerzbank would lose clients in UniCredit merger, German lender’s CEO says

FRANKFURT: Commerzbank and UniCredit did not discuss a merger at a recent meeting, the German lender’s CEO Bettina...

Published 07 Oct, 2024 11:51am

Business & Finance

Europe needs bigger banks to compete with US, Chinese rivals: Lagarde

FRANKFURT: Europe needs bigger and stronger banks that can compete with their US and Chinese rivals, European ...

Updated 07 Oct, 2024 08:05am

Business & Finance

UniCredit’s rating might top Italy’s if it buys Commerzbank, Moody’s says

MILAN: Moody’s would consider hiking UniCredit’s credit rating one notch above Italy’s sovereign rating if it bought...

Published 02 Oct, 2024 01:25pm

Business & Finance

Commerzbank, UniCredit to meet Friday morning, source says

FRANKFURT: A meeting between bankers from Commerzbank and UniCredit will be held virtually on Friday morning, a...

Published 27 Sep, 2024 01:45pm

Business & Finance

Commerzbank boards confirm independent strategy as UniCredit seeks possible tie-up

FRANKFURT: Commerzbank’s supervisory and management boards have unanimously confirmed the bank’s current strategy of...

Published 26 Sep, 2024 01:54pm

Markets

European shares end higher, Commerzbank dips

PARIS: European shares closed higher on Monday as a soft business activity reading strengthened the case for more...

Published 24 Sep, 2024 03:28am

Business & Finance

Unicredit, Commerzbank merger would add value for all stakeholders, Orcel tells Handelsblatt

BERLIN: A merger of Italy’s Unicredit and Germany’s Commerzbank would add value for all stakeholders and create a...

Published 16 Sep, 2024 10:59am

Russia seizes Deutsche Bank, UniCredit assets

MOSCOW: A Russian court has ruled that Deutsche Bank and UniCredit’s assets in Russia are to be seized, documents...

Updated 19 May, 2024 09:29am

Business & Finance

UniCredit vows to match 2023 income after beating forecast

MILAN: UniCredit pledged to match its 2023 income this year despite a toughening backdrop and said it would pay out...

Published 05 Feb, 2024 01:37pm

Business & Finance

UniCredit CEO denies buying shares in Pop Sondrio

MILAN: UniCredit Chief Executive Andrea Orcel on Thursday said his bank was not buying shares in Popolare di...

Published 18 Jan, 2024 02:35pm

Markets

UniCredit kicks off new 2.5bn euro share buyback

MILAN: UniCredit on Monday kicked off a new share buyback for up to 2.5 billion euros ($2.6 billion) and said it had...

Published 30 Oct, 2023 01:48pm

Markets

UniCredit to have more than 10bn euros in excess capital by end-2023

ROME: UniCredit will have more than 10 billion euros ($10.60 billion) in excess capital by end-2023 and will...

Published 25 Oct, 2023 11:20am

Markets

Italy’s UniCredit, Greece’s Alpha Bank to merge Romanian units

MILAN: Italian bank UniCredit on Monday said it was strengthening its presence in Romania by merging its local...

Published 23 Oct, 2023 12:21pm

Markets

UniCredit picks headhunters to advise board on own slate of nominees

MILANO: UniCredit said on Tuesday it had mandated Egon Zehnder and Spencer Stuart as headhunters to support the...

Published 26 Sep, 2023 04:44pm

Markets

UniCredit raises 2023 guidance after strong quarter

MILAN: UniCredit on Wednesday raised its financial targets for the year, after posting much stronger than expected...

Published 03 May, 2023 10:53am

Markets

UniCredit to repay AT1 bond, says no need to issue more near term

MILAN: UniCredit said on Thursday it would redeem in June a 1.25 billion euro ($1.38 billion) ‘Additional Tier 1’...

Published 27 Apr, 2023 12:44pm

Markets

UniCredit fails to win support for pay policy from major shareholder Allianz

MILAN: Funds managed by German insurer Allianz, the second-biggest shareholder in UniCredit, failed to back the...

Published 25 Apr, 2023 12:20pm

Business & Finance

BoE’s governor says rate-setters can put inflation before bank worries

LONDON: Bank of England Governor Andrew Bailey signalled on Monday that interest rate-setters would focus on ...

Published 29 Mar, 2023 06:27am

Business & Finance

UniCredit gets ECB approval for 3.34bn euro share buyback

MILAN: UniCredit said on Tuesday it had received supervisory approval to buy back its own shares for up to 3.34...

Published 28 Mar, 2023 08:38pm

Business & Finance

UniCredit hikes payout goal by 40pc after record profit

MILAN: UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022...

Published 06 Feb, 2023 07:34am

Markets

UniCredit hikes payout goal by 40% after record profit

MILAN: UniCredit pledged to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results,...

Published 31 Jan, 2023 12:07pm

Business & Finance

UniCredit signs asset management accord with Azimut

MILAN: UniCredit has struck a deal with asset manager Azimut Holding in a move that paves the way for the Italian...

Published 19 Dec, 2022 06:00am

Business & Finance

Sterling set for third straight weekly gain, but vulnerable

LONDON: Sterling was slightly lower on Friday but still set for its third consecutive weekly gain against a ...

Published 28 Nov, 2022 05:48am

Markets

UniCredit ups 2022 profit goal after Q3 earnings beat forecasts

MILAN: Italy’s No.2 bank UniCredit on Wednesday raised its 2022 profit goal above 4.8 billion euros ($4.8 billion),...

Published 26 Oct, 2022 11:24am

World

EU Commission agrees to extend sale deadline for Monte dei Paschi

MILAN: The European Commission on Tuesday approved revised restructuring targets for Italian bank Monte dei Paschi ...

Published 03 Aug, 2022 04:55am

Markets

Strong results lift Europe’s STOXX 600 to near seven-week highs

PARIS: European shares scaled near seven-week highs on Wednesday as a string of strong results from companies...

Published 28 Jul, 2022 04:41am

Markets

UniCredit plans new buyback, boosts outlook after surprise profit rise

MILAN: UniCredit on Wednesday said it would complete a proposed share buyback it had put on hold pending more...

Published 27 Jul, 2022 11:25am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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