Real Estate

Hong Kong October home prices drop to lowest since March 2017

HONG KONG: Hong Kong private home prices extended a fall in October, dipping to their lowest since March 2017,...

Published 28 Nov, 2023 11:03am

Real Estate

Evergrande chairman’s two luxury mansions seized by creditor

HONG KONG: Two luxury homes in Hong Kong owned by the chairman of embattled property developer China Evergrande...

Published 22 Nov, 2023 11:33am

Real Estate

China’s Jan-Oct property sales fell 6.8% y/y, investment down 9.3%

BEIJING: Property sales by floor area in China fell 6.8% year-on-year in January-October, compared with a 7.5% slide...

Published 15 Nov, 2023 10:03am

Real Estate

UAE firms to invest $25bn in real estate industry

KARACHI: A conglomerate of Real Estate companies from the United Arab Emirates will invest USD 20 to 25 billion in...

Published 11 Nov, 2023 06:30am

Real Estate

Dubai’s ‘super stable’ status ensures its real estate market keeps attracting Pakistanis

Official at DAMAC Properties highlights reasons for real estate interest from country

Updated 03 Nov, 2023 09:22am

Real Estate

Evergrande proposes offshore creditors get 30% equity stake in subsidiaries

China Evergrande has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts...

Published 01 Nov, 2023 11:00am

Real Estate

China Evergrande granted final reprieve as winding-up hearing adjourned

HONG KONG: A hearing on Monday to wind up China Evergrande Group was adjourned until Dec. 4, with a Hong Kong High...

Published 30 Oct, 2023 10:15am

Real Estate

Evergrande held talks with creditors this week: Bloomberg News

China Evergrande Group held talks this week with creditors who had opposed its restructuring plan, Bloomberg News...

Published 27 Oct, 2023 10:06am

Real Estate

Evergrande did not file court documents by requested time

HONG KONG: China Evergrande Group did not submit defence documents to a Hong Kong court before a deadline that comes...

Published 25 Oct, 2023 12:55pm

Real Estate

Country Garden default on dollar bond declared for first time

Chinese developer Country Garden Holdings has been deemed in default on a US dollar bond for the first time,...

Published 25 Oct, 2023 11:13am

Real Estate

Country Garden bondholders seek talks after missed payment

HONG KONG: Country Garden’s bondholders are seeking urgent talks with the company and its advisers after the...

Published 19 Oct, 2023 09:37am

Real Estate

Grace period for China’s Country Garden coupon payment expires

HONG KONG: The grace period for Country Garden Holding’s $15 million coupon payment has expired, fuelling...

Published 18 Oct, 2023 10:32am

Real Estate

China’s home sales during Golden Week fall 17% against 2022

BEIJING: China’s average daily home sales during the Golden Week holiday were down 17%, based on floor area,...

Published 09 Oct, 2023 10:18am

Middle East

Dubai luxury home sales hit $1.6bn in Q3, property consultancy says

DUBAI: Sales of homes worth $10 million or more in Dubai hit about $1.6 billion in the third quarter, according to...

Published 04 Oct, 2023 01:06pm

Real Estate

Evergrande chairman investigated over offshore asset transfers

China Evergrande Group Chairman Hui Ka Yan is being investigated on suspicion of transferring assets offshore while...

Published 02 Oct, 2023 10:26am

Real Estate

China new home prices tick up in Sept, ending four-month decline

SHANGHAI: China’s new home prices rose slightly in September, breaking a four-month decline, data showed on Sunday,...

Published 01 Oct, 2023 10:02am

Real Estate

Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assets

SYDNEY: China Evergrande Group sold its luxury superyacht for about $32 million earlier this year, said two sources,...

Published 29 Sep, 2023 10:44am

Real Estate

Evergrande shares halted as concerns mount about developer’s prospect

HONG KONG: Trading in shares of China Evergrande Group was suspended on Thursday after a report that its chairman...

Published 28 Sep, 2023 09:59am

Real Estate

Pressure piles on Evergrande with chairman under police watch, liquidation risk

HONG KONG: The chairman of China Evergrande Group has been placed under police surveillance, Bloomberg News reported...

Published 27 Sep, 2023 11:14am

Stocks

China Evergrande shares tumble for second day after unit misses bond payment

HONG KONG: China Evergrande Group shares slid for a second consecutive session on Tuesday, dropping as much as 8%...

Published 26 Sep, 2023 09:55am

Real Estate

Evergrande’s debt revamp roadblock hits China property investors’ sentiment

HONG KONG: China Evergrande Group’s latest trouble in firming up a long-pending debt restructuring plan led to a...

Published 25 Sep, 2023 10:48am

Real Estate

Country Garden delivers 381,000 homes as of Sept 15

BEIJING: Chinese developer Country Garden said on Wednesday it has delivered 381,000 homes in 231 Chinese cities as...

Published 20 Sep, 2023 11:17am

Companies

IMARAT’s Vision 2047 showcased globally

With 70% of overseas Pakistanis channeling their remittances into the property and contributing $12billion annually,...

Published 18 Sep, 2023 03:10pm

Real Estate

China police detain some Evergrande wealth management staff

BEIJING: Police in southern China have detained some staff at China Evergrande Group‘s wealth management unit,...

Published 17 Sep, 2023 10:14am

Real Estate

China’s property slump worsens, clouding recovery prospects

BEIJING: A slump in China’s property sector worsened in August, with deepening falls in new home prices, property...

Published 15 Sep, 2023 09:56am

Real Estate

Moody’s cuts China property sector’s outlook to negative

Moody’s on Thursday cut China’s crisis-hit property sector’s outlook to negative from stable, citing economic growth...

Published 14 Sep, 2023 12:27pm

Real Estate

Country Garden gets maturity extension approval for one more onshore bond

BEIJING/HONG KONG: Country Garden has won approval from its creditors to extend the maturity of one more onshore...

Published 13 Sep, 2023 11:14am

Real Estate

Country Garden secures bondholder reprieve, sources say; shares soar

SHANGHAI/BEIJING: China’s largest private property developer Country Garden won approval from its creditors to...

Published 12 Sep, 2023 10:42am

Real Estate

Country Garden faces fresh test for onshore bond extensions

HONG KONG: Embattled developer Country Garden faces a new round of voting by creditors to extend several debt...

Published 11 Sep, 2023 10:03am

Real Estate

Country Garden faces second debt challenge in days as offshore payment comes due

HONG KONG: China’s largest private property developer, Country Garden, faces a deadline for making interest payments...

Published 05 Sep, 2023 10:25am

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Dec 9 First Elite Capital Modaraba(FECM)	5 ▲ 1.00 (25.00%)
Chakwal Spinning / Dec 9 Chakwal Spinning Mills Limited(CWSM)	2.44 ▲ 0.40 (19.61%)
Punjab Mod / Dec 9 First Punjab Modaraba(FPJM)	1.98 ▲ 0.27 (15.79%)
Saritow Spinning / Dec 9 Saritow Spinning Mills Limited(SSML)	8.35 ▲ 1.00 (13.61%)
Jubilee Spinning / Dec 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.80 ▲ 1.00 (12.82%)
F.Treet Manuf / Dec 9 First Treet Manufacturing Modaraba(FTMM)	4.60 ▲ 0.50 (12.20%)
K-Electric Ltd. / Dec 9 K-Electric Limited(KEL)	4.45 ▲ 0.48 (12.09%)
Samba Bank / Dec 9 Samba Bank Limited(SBL)	9.35 ▲ 1.00 (11.98%)
P.T.C.L. / Dec 9 Pakistan Telecommunication Company Ltd(PTC)	9.72 ▲ 1.00 (11.47%)
Dewan Textile / Dec 9 Dewan Textile Mills Limited(DWTM)	4.75 ▲ 0.47 (10.98%)

Stock	Price
Sec. Inv. Bank / Dec 9 Security Investment Bank Limited(SIBL)	5.74 ▼ -1.00 (-14.84%)
Tri-Star Mutual / Dec 9 Tri-Star Mutual Fund Limited(TSMF)	5.05 ▼ -0.49 (-8.84%)
Supernet Ltd. / Dec 9 Supernet Limited(GEMSPNL)	12.90 ▼ -1.05 (-7.53%)
Universal Network (GEM) / Dec 9 Universal Network Systems Limited (GEM)(GEMUNSL)	23.53 ▼ -1.91 (-7.51%)
Leather Up Ltd. / Dec 9 Leather Up Limited(LEUL)	10.54 ▼ -0.81 (-7.14%)
Trust Mod. / Dec 9 Trust Modaraba(TRSM)	2 ▼ -0.15 (-6.98%)
LSE Propetech / Dec 9 LSE Propetech Limited(LSEPL)	4.46 ▼ -0.33 (-6.89%)
Ismail Ind. / Dec 9 Ismail Industries Limited(ISIL)	1300 ▼ -95.00 (-6.81%)
Kohat Textile / Dec 9 Kohat Textile Mills Limited(KOHTM)	18.31 ▼ -1.19 (-6.10%)
Hoechst Pak. / Dec 9 Hoechst Pakistan Limited(HPL)	1200 ▼ -77.00 (-6.03%)

Stock	Volume
K-Electric Ltd. / Dec 9 K-Electric Limited(KEL)	341,598,066 ▲ 0.48
Cnergyico PK / Dec 9 Cnergyico PK Limited(CNERGY)	98,899,853 ▲ 0.02
WorldCall Telecom / Dec 9 Worldcall Telecom Limited(WTL)	97,311,739 ▲ 0.04
Hascol Petrol / Dec 9 Hascol Petroleum Limited(HASCOL)	60,506,500 ▲ 0.27
P.T.C.L. / Dec 9 Pakistan Telecommunication Company Ltd(PTC)	57,212,000 ▲ 1.00
Kohinoor Spining / Dec 9 Kohinoor Spinning Mills Limited(KOSM)	56,298,000 ▲ 0.42
Fauji Foods Ltd / Dec 9 Fauji Foods Limited(FFL)	47,608,697 ▲ 0.96
Pak Elektron / Dec 9 Pak Elektron Limited(PAEL)	42,544,241 ▲ 1.23
Hum Network / Dec 9 Hum Network Limited(HUMNL)	40,175,500 ▲ 0.07
TPL Properties / Dec 9 TPL Properties Limited(TPLP)	36,065,929 ▲ 0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

Calculate your monthly liability in FY24

Real Estate

Most Popular Articles