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China central bank publishes disclosure rules for credit bonds

The rules are amied at improving the quality of information disclosure, helping enhance transparency and protect investors.

Published 28 Dec, 2020 05:40pm

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Italy's UniCredit says board would never agree to harmful deal

French CEO of UniCredit said M&A was "no panacea".
Mustier at odds with Italy's consolidation drive.
Italy has been seeking buyer for Monte dei Paschi.
JPMorgan says successor will have "big shoes to fill".

Published 02 Dec, 2020 02:15am

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US bank profits recover from early 2020 turmoil, still down from year prior

The industry's profits jumped 173% in the third quarter to $51.2 billion, after firms spent the first half of the year setting aside billions of dollars to offset expected pandemic-driven losses.
The banking industry remains well-capitalized with ample liquidity and has, to date.

Published 02 Dec, 2020 12:24am

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Debt debate – context would not hurt!

Lately, a few commentators have been talking on public debt, and the narrative is populist. In economics, absolute numbe

Updated 03 Dec, 2019 11:39am

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The brave new banking world

‘Banks want to play tech companies,’ read a headline in this newspaper earlier this month. Given a private sector ch

Updated 20 Nov, 2019 06:21am

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Banking: Big five take decent strides

The big five (B5) banks lent almost similar amount to the private sector in 9MCY19, that they did a year ago. The net ad

Updated 05 Nov, 2019 06:16am

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NBP 9MCY19: Sound and strong

National Bank of Pakistan (NBP) has continued its strong performance, as reflected by strong profit numbers for 9MCY19.

Updated 31 Oct, 2019 08:11am

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SBP focuses Investment constraints

The SBP in its recently released annual report has incorporated a chapter on factors constraining investment in Pakistan

Updated 30 Oct, 2019 06:46am

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Doing business: beyond World Bank rankings

Pakistan’s poor ranking on the World Bank’s Ease of Doing Business indicators is one of the main deterrents to growth in

Updated 28 Oct, 2019 06:40am

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Bank Alfalah: upbeat profits

Bank Alfalah Limited (BAFL) posted double digit year-on-year growth in pretax profits for 9MCY19, despite the challengin

Updated 28 Oct, 2019 06:47am

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Bank Al Habib profits grow

Bank Al Habib Limited (BAHL) is doing pretty well. It posted a sizable 30 percent year-on-year increase in pre-tax profi

Updated 25 Oct, 2019 06:02am

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Demonetization: ‘objective’ matters

It is almost three years since the great macroeconomic experiment of "demonetization" had taken place in India. That so-

Updated 23 Oct, 2019 12:58pm

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Ants, elephants, and SME finance

Access to affordable finance has long been labelled as one of the key obstacles to SME growth in Pakistan. But is that n

Updated 23 Oct, 2019 01:04pm

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ABL goes smooth

Allied Bank Limited (ABL) announced its 9MCY19 financial results last week, accompanied with an interim dividend of Rs2

Updated 21 Oct, 2019 06:25am

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All is well at MCB

The challenging economic conditions seem to have done no harm to MCB Bank’s profits. The bank also continued with the ri

Updated 18 Oct, 2019 06:02am

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Profits grow at UBL

UBL announced its 9MCY19 financial results yesterday, making good strides, accompanied with an interim dividend of Rs3/s

Updated 17 Oct, 2019 07:25am

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HBL: pretax profits up

Having had a slightly challenging 2QCY19, in terms of profitability, the country’s largest commercial bank, HBL stag

Updated 16 Oct, 2019 06:40am

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Forget the heat - the flow is here

The hot money is getting hotter in Pakistan. At an unprecedented level of $234 million in Sep-19, the year to date inflo

Updated 23 Oct, 2019 01:39pm

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NBP – impressive again

National Bank of Pakistan (NBP) keeps churning profits, and 1HCY19 was no different. Save from a higher effective tax ra

Updated 02 Sep, 2019 05:17am

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Reported fiscal deficit – not too scary

Yesterday, the ministry of finance reported the fiscal deficit number at 8.9 percent of GDP or Rs3.44 trillion. This spa

Updated 28 Aug, 2019 06:57am

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JSBL 1HCY19

JS Bank Limited has had it tough in 2019 so far. That should not come as a surprise as most sectors have had it tough th

Updated 28 Aug, 2019 06:50am

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Scary fiscal deficit – don’t look at it

The country’s total debt and liabilities increased by 35 percent or Rs10.3 trillion in FY19 to reach Rs40.2 trillion – 1

Updated 27 Aug, 2019 11:38am

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Changing sentiments?

Last week the news flow was positive; and the stock market reacted to it with 9 percent recovery. A fresh wave of positi

Published 26 Aug, 2019 06:46am

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BOP: double digit growth

The Bank of Punjab (BOP) rode on the exemplary top line growth, which trickled down to the bottom line, posting a double

Published 26 Aug, 2019 06:05am

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FDI: finding neverland

FDI data is here; FDI isn’t - unless one really counts those peanut-sized net inflows of $73.4 million in July 2019.

Updated 29 Aug, 2019 05:10am

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Askari Bank marches on

The blueprint for banks this season – big, mid-sized and small, has been by and large the same. Bank on higher interest

Published 23 Aug, 2019 05:57am

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The yield curve inversion

The market participated with full heart in the recent PIB auction, indicating that the pulse in rates is peaked. Market

Published 23 Aug, 2019 05:44am

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Current account in control

The current account deficit is down to $579 million in July19; almost one fourth of what was in the July18 – just before

Published 22 Aug, 2019 06:50am

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Bank Al Habib sails smooth

Bank Al Habib Limited (BAHL) posted a strong 1HCY19 financial performance, registering 21 percent year-on-year increase

Published 22 Aug, 2019 06:47am

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ABL 1HCY19: well poised

Allied Bank Limited (ABL) posted its financial results for 1hCY19, accompanied with an interim dividend of Rs2 per share

Published 21 Aug, 2019 05:41am

Gainers
Losers
Leaders

Stock	Price
Shaheen Ins. / Oct 22 Shaheen Insurance Company Limited(SHNI)	3.92 ▲ 0.59 (17.72%)
First AL-Noor Mod. / Oct 22 First Al-Noor Modaraba(FANM)	3.99 ▲ 0.49 (14.00%)
Samba Bank / Oct 22 Samba Bank Limited(SBL)	11.60 ▲ 1.00 (9.43%)
Grays Leas. / Oct 22 Grays Leasing Limited(GRYL)	3.99 ▲ 0.34 (9.32%)
Trust Sec.& Brok. / Oct 22 Trust Securities & Brokerage Limited(TSBL)	12.50 ▲ 1.00 (8.70%)
Awwal Modaraba / Oct 22 Awwal Modaraba(AWWAL)	11.50 ▲ 0.90 (8.49%)
1st Dawood / Oct 22 First Dawood Investment Bank Limited(FDIBL)	2.51 ▲ 0.18 (7.73%)
Buxly / Oct 22 Buxly Paints Limited(BUXL)	124.02 ▲ 8.65 (7.50%)
Khyber Tex. / Oct 22 Khyber Textile Mills Limited(KHYT)	311.74 ▲ 21.74 (7.50%)
Adamjee Ins. / Oct 22 Adamjee Insurance Company Limited(AICL)	37.59 ▲ 2.62 (7.49%)

Stock	Price
Ist Paramount / Oct 22 First Paramount Modaraba(FPRM)	5.21 ▲ -0.89 (-14.59%)
Unicap Mod. / Oct 22 Unicap Modaraba(UCAPM)	2.35 ▲ -0.30 (-11.32%)
Safe Mix / Oct 22 Safe Mix Concrete Limited(SMCPL)	7.56 ▲ -0.82 (-9.79%)
First Fid. Leas. / Oct 22 First Fidelity Leasing Modaraba(FFLM)	3.60 ▲ -0.39 (-9.77%)
Quetta Textile / Oct 22 Quetta Textile Mills Limited(QUET)	7.00 ▲ -0.60 (-7.89%)
Popular Islamic Mod. / Oct 22 Popular Islamic Modaraba(PIM)	11.95 ▲ -1.00 (-7.72%)
AKD Hospitality / Oct 22 AKD Hospitality Limited(AKDHL)	374.61 ▲ -30.37 (-7.50%)
Olympia Mills / Oct 22 Olympia Mills Limited(OML)	18.50 ▲ -1.50 (-7.50%)
Shield Corp. / Oct 22 Shield Corporation Limited(SCL)	255.32 ▲ -20.70 (-7.50%)
Askari Gen. / Oct 22 Askari General Insurance Company Limited(AGIC)	21.37 ▲ -1.73 (-7.49%)

Stock	Volume
Hum Network / Oct 22 Hum Network Limited(HUMNL)	35,324,500 ▼ 0.00
Unity Foods / Oct 22 Unity Foods Limited(UNITY)	22,498,536 ▼ 0.00
Worldcall / Oct 22 Worldcall Telecom Limited(WTL)	20,943,500 ▼ 0.00
Maple Leaf / Oct 22 Maple Leaf Cement Factory Limited(MLCF)	15,262,301 ▼ 0.00
TRG Pakistan / Oct 22 TRG Pakistan Limited(TRG)	13,666,206 ▼ 0.00
Telecard Ltd. / Oct 22 Telecard Limited(TELE)	11,054,000 ▼ 0.00
Byco Petroleum / Oct 22 Byco Petroleum Pakistan Limited(BYCO)	10,478,500 ▼ 0.00
Treet Corp. / Oct 22 Treet Corporation Limited(TREET)	9,710,000 ▼ 0.00
Bank of Punjab / Oct 22 The Bank of Punjab(BOP)	6,895,000 ▼ 0.00
Aisha Steel / Oct 22 Aisha Steel Mills Limited(ASL)	6,857,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 22	173.95
USD PKR Interbank Buying / Oct 22	173.80
USD to Japanese Yen / Oct 22	113.85
USD to Swiss Franc / Oct 22	0.92
Pound Sterling to USD / Oct 22	1.38
Euro to USD / Oct 22	1.16
UK LIBOR % / Oct 22	0.07

Stock	Volume
S&P 500 / Oct 22	4549.78
India Sensex / Oct 22	60923.50
Tokyo Nikkei / Oct 22	28590.46
Nasdaq / Oct 22	15215.70
Hang Seng / Oct 22	26017.53
FTSE 100 / Oct 22	7190.30
Dow Jones / Oct 22	35603.08
Germany DAX 30 / Oct 22	15472.56
France CAC40 / Oct 22	6686.17

Item	Value
Crude Oil / Oct 22	82.29
Karachi Cotton Assoc. / Oct 22	14880.00
Gold 10 Grams / Oct 22	97900.00
Gold Spot / Oct 22	1784.95
Cotton / Oct 22	106.14

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