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Companies

Proposed PTCL-Telenor merger: CCP conducting analysis

ISLAMABAD: The Competition Commission of Pakistan (CCP) is conducting extensive analysis, collecting detailed data,...

Published 19 May, 2024 03:00am

Companies

Zong 4G celebrates World Telecommunication Day

ISLAMABAD: Zong 4G celebrated ‘World Telecommunication and Information Society Day 2024’. Every year on May...

Published 18 May, 2024 05:45am

Companies

Islamic Life Insurance provider: Salaam Family Takaful Ltd obtains licence

KARACHI: Living up to its reputation of creating revolutionary solutions and taking unprecedented initiatives, ...

Published 18 May, 2024 05:45am

Industry

PIA privatisation: Fly Jinnah, Air Blue among 8 entities that submit Statement of Qualifications

The Ministry of Privatisation said that it has received Statement of Qualifications from eight entities after the...

Published 17 May, 2024 07:22pm

Energy

Going green: Thatta Cement to generate 8.3MW of renewable energy

Thatta Cement Company Limited became the latest company to move towards expanding renewable sources as the listed...

Published 17 May, 2024 03:46pm

Money & Banking

SBP gives go-ahead for due diligence of Bank Alfalah Bangladesh to Bank Asia

Bank Alfalah intends to sell its operations in Bangladesh to Bank Asia

Updated 17 May, 2024 05:13pm

Companies

PayFast goes live with Raast P2M Payments

PayFast, Pakistan’s leading and commercially licensed payment service provider (PSP), has achieved another milestone...

Updated 17 May, 2024 05:20pm

Companies

OGDC sees significant boost in oil production at KPK well

Oil and Gas Development Company Limited (OGDC) has registered a significant increase in oil production from Nashpa...

Updated 17 May, 2024 04:46pm

Companies

HABIBMETRO organises roadshow on economic insights

HABIBMETRO organised its Economic Insights Treasury Roadshow: ‘Changing Dynamics of Pakistan’s Economy Amidst a...

Published 17 May, 2024 12:29pm

Business & Economy

PIA privatisation: deadline for EoI submission not expected to be extended further

The deadline for companies to express their interest in buying national carrier Pakistan International Airlines...

Updated 16 May, 2024 10:43pm

Companies

PMI releases 2023 Integrated Report

KARACHI: Philip Morris International (PMI) has released its fifth annual Integrated Report, which outlines the...

Published 17 May, 2024 05:50am

Companies

BOK partners with HBL for G2P and P2G payments in KP

PESHAWAR: Bank of Khyber (BoK) announced a strategic partnership with HBL for Government to Personnel (G2P) and...

Published 17 May, 2024 05:50am

Companies

Japan’s Honda steps up electrification investment to $65bn through FY2030

TOKYO: Japan’s Honda Motor pledged to double its electrification and software investment to about $65 billion over...

Published 16 May, 2024 12:43pm

Companies

300 foodpanda delivery riders: DLS issues learner licenses

KARACHI: foodpanda, Pakistan online delivery platform, facilitated the issuance of learner license for more than 300...

Published 16 May, 2024 06:28am

Companies

Digital financing in KSA: Bidaya teams up with Temenos Core and Systems Ltd

LAHORE: Bidaya Finance, to offer modern, scalable, and secure financing products and services has joined hands with...

Published 16 May, 2024 06:28am

Companies

BoP joins SME finance forum

LAHORE: The Bank of Punjab, a key player in Pakistan’s SME banking segment, has joined hands with SME Finance ...

Published 16 May, 2024 06:28am

Companies

Esprit files for bankruptcy of European businesses

FRANKFURT: Fashion group Esprit said Wednesday it has filed for bankruptcy of its European businesses, seeking to...

Published 16 May, 2024 06:28am

Stocks

Pakistani companies with market cap of over $1bn at PSX

A total of six listed companies have a market cap ranging from $1.13 billion to $2.15 billion as of May 15, 2024

Updated 16 May, 2024 12:36pm

Energy

Amid high tariffs, Pakistan’s industrial base is ramping up transition to solar power

Taking advantage of the natural resource at their disposal, industries in Pakistan are switching towards solar to...

Updated 15 May, 2024 11:06pm

Companies

Emirates Group reports record profit of $5.1bn for FY 2023-24

KARACHI: The Emirates Group has announced its best-ever financial performance for the fiscal year 2023-24, reporting...

Published 15 May, 2024 05:53am

2024-05-15-02-51

Walmart to lay off hundreds of corporate staff, relocate others

NEW YORK: Walmart is cutting hundreds of corporate jobs and asking most remote workers to relocate to three main ...

Published 15 May, 2024 05:47am

Companies

easypaisa partners with IGI Life & IGI General to enhance insurance-based offerings

KARACHI: Telenor Microfinance Bank has signed an agreement with IGI Life and IGI General, laying the foundation for...

Updated 15 May, 2024 10:59am

Companies

PQGTL announces financial results for 2023

KARACHI: Pak-Qatar General Takaful Limited (PQGTL or the Company), a leading provider of Shariah-compliant general...

Published 15 May, 2024 05:47am

Companies

Australia’s Qantas to suspend flights to Shanghai on low demand

Qantas Airways said on Tuesday it will suspend its Sydney flights to Shanghai from July 28, citing low demand,...

Published 14 May, 2024 10:13am

2024-05-14-01-14

UBL to build regional office at Naya Nazimabad

KARACHI: United Bank Limited (UBL) - a leading bank of Pakistan, has acquired a 14,092 sq. yards commercial plot in...

Updated 14 May, 2024 06:13am

Companies

JazzCash announces strategic partnership with du Pay

ISLAMABAD: JazzCash announced its strategic partnership with du Pay, the recently launched fintech arm for du, from...

Published 14 May, 2024 05:18am

Industry

Car sales in Pakistan surge 12% MoM in April

Car sales in Pakistan increased 12% on a monthly basis in April 2024, as the total number of units sold in the said...

Published 13 May, 2024 11:10pm

Companies

CAA says news of resumption of flights to Europe premature

Says delegation left for Brussels on May 12 to attend forthcoming meeting of Air Safety Committee

Updated 13 May, 2024 09:14pm

Companies

‘Less than last year’: Emirates Group employees get 20 weeks’ bonus after record profit

The Emirates Group has awarded its employees a bonus worth 20 weeks of their salary, reported Khaleej Times, citing...

Published 13 May, 2024 06:07pm

Stocks

Service Long March Tyres commits investment of around $108mn to double capacity in Pakistan

Shows intent to invest another $108mn to start new project exporting specialised tyres from Pakistan to EU, US

Updated 13 May, 2024 05:17pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.30
USD PKR Interbank Buying / May 20	278.10
USD to Japanese Yen / May 20	155.76
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42
France CAC40 / May 17	8167.50
Tokyo Nikkei / May 20	39197.34

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Petrol/Litre / May 20	273.10
Crude Oil USD/Barrel / May 20	80.09
Gold Spot USD/Ounce / May 20	2436.84
Diesel/Litre / May 20	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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