Real Estate

Evergrande shares fall after chairman cuts stake; Fantasia suspends trading

HONG KONG: Shares in China Evergrande Group fell as much as 4.8% on Monday morning, after its chairman trimmed his...

Published 29 Nov, 2021 12:22pm

Real Estate

Even in tech hub Shenzhen, China's property market succumbs to chills

SHENZHEN: Life used to be good for Jerry Tang, who left his rural hometown in 2014 to become a real estate agent in...

Published 29 Nov, 2021 12:20pm

Real Estate

Evergrande founder sells 9% stake for $344mn amid debt crunch

HONG KONG: The chairman of China Evergrande Group Hui Ka Yan sold 1.2 billion shares in the company at an average...

Published 26 Nov, 2021 04:31pm

Real Estate

China's Kaisa seeks to extend maturity on $400 mln offshore bond, shares surge

HONG KONG: China's Kaisa Group Holdings Ltd said on Thursday it wants to extend the maturity of a $400 million bond...

Published 25 Nov, 2021 11:44am

Real Estate

Some bondholders of China developer Kaisa tap adviser to help recover dues

SINGAPORE: Some offshore bondholders of embattled Chinese developer Kaisa Group who did not receive coupon payments...

Published 23 Nov, 2021 11:33am

Real Estate

MIDCITY HOUSING: bringing people closer

The real estate sector always looks to find ways that would not only bring people together, but instill a...

Updated 24 Nov, 2021 03:34pm

Real Estate

China Evergrande resumes construction on 63 projects in Pearl River delta

BEIJING: Debt-laden real estate developer China Evergrande has resumed construction of 63 projects in the southern...

Published 19 Nov, 2021 10:56am

Real Estate

Saudi Arabia's SAC to sign agreement for investment in Pakistan's real estate project

Rs100-billion 'Sapphire Bay' is to be built under developmental REIT, will be listed within 3 years

Updated 18 Nov, 2021 11:00am

Real Estate

China Evergrande dissolves some units of online marketplace

HONG KONG: China Evergrande Group has dissolved several district-level units of Fangchebao (FCB), its online real...

Published 17 Nov, 2021 10:35am

Real Estate

China Evergrande bondholders receive overdue bond coupon payments

HONG KONG: Several bondholders of China Evergrande Group have received coupon payments from the indebted property...

Published 11 Nov, 2021 09:23am

Real Estate

Investors await Evergrande's overdue $148mn payment as debt woes grow

Concerns mounted about a deepening liquidity crisis in the Chinese property sector on Wednesday ahead of a deadline...

Published 10 Nov, 2021 10:21am

Real Estate

Chinese developer Kaisa halts trading as property woes grow

BEIJING: Chinese developer Kaisa Group suspended trading in its Hong Kong-listed shares Friday, raising concerns...

Published 05 Nov, 2021 12:17pm

Real Estate

Evergrande auto unit plans sale of Protean to EV maker Bedeo

China Evergrande Group's automotive unit is nearing a sale of U.K. startup Protean Electric to e-mobility company...

Published 04 Nov, 2021 09:57am

Real Estate

Developer Evergrande says 57,400 properties handed to buyers

BEIJING: Troubled Chinese developer Evergrande said Wednesday that it has delivered over 57,400 units to buyers...

Updated 03 Nov, 2021 12:23pm

Real Estate

China property firms' shares, bonds hit as Yango seeks new extension

SHANGHAI/BEIJING: Chinese developers' shares and bonds stumbled on Tuesday on worries over spreading financial...

Published 02 Nov, 2021 01:30pm

Real Estate

China new home prices barely grow amid tight curbs

BEIJING: China's new home prices barely rose in October, weighed down by weak demand in major cities amid stringent...

Published 01 Nov, 2021 11:37am

Real Estate

Australia home price boom piles on pressure for RBA pullback

SYDNEY: Australian home prices raced to fresh heights in October, piling pressure on the country's central bank to...

Published 01 Nov, 2021 09:40am

Real Estate

Evergrande makes overdue interest payment to boldholders: report

BEIJING: Chinese property developer Evergrande averted default for the second time this month, Bloomberg reported,...

Published 29 Oct, 2021 09:29am

Real Estate

Zameen.com launches high-rise project ‘Amanah Noor Residence’, becomes sales/marketing partner

Zameen.com, Pakistan’s largest real estate enterprise, recently launched Amanah Noor Residence in Lahore and has...

Published 27 Oct, 2021 02:22pm

Real Estate

China Evergrande shares fall on persistent pressure from debt travails

HONG KONG: Shares of cash-strapped China Evergrande Group and its electric vehicle unit fell early on Wednesday, as...

Published 27 Oct, 2021 11:54am

Real Estate

Another Chinese property developer defaults, shares drop

HONG KONG/SHANGHAI: Modern Land reported a missed payment on Tuesday, the latest Chinese property developer to do ...

Published 26 Oct, 2021 11:18am

Stocks

Evergrande, EV unit shares jump after chairman signals business shift

HONG KONG: Shares in China Evergrande Group shot up 4% on Monday after the embattled property developer announced...

Published 25 Oct, 2021 10:40am

Real Estate

China's Evergrande resumes work on more than 10 projects

BEIJING: China Evergrande Group said on Sunday it had resumed work on more than 10 projects in Shenzhen, Dongguan ...

Updated 24 Oct, 2021 01:00pm

Real Estate

Evergrande shares plunge on market return as deal falls through

BEIJING: Chinese property giant Evergrande's shares plunged Thursday after resuming trading in Hong Kong, with the...

Published 21 Oct, 2021 10:05am

Real Estate

China new-home prices fall for first time in six years

BEIJING: China's new-home prices fell for the first time in six years last month, data showed Wednesday, as the...

Published 20 Oct, 2021 11:22am

Real Estate

Zameen.com holds property sales event in Islamabad

Islamabad: Pakistan’s leading real estate enterprise Zameen.com recently organised a 2-day-long Property Sales...

Published 18 Oct, 2021 06:11pm

Real Estate

Evergrande's $1.7bn Hong Kong headquarters sale flops as buyer withdraws

HONG KONG: Chinese state-owned Yuexiu Property has pulled out of a proposed $1.7 billion deal to buy China ...

Published 15 Oct, 2021 02:06pm

China property shares slide as Evergrande crisis reverberates

SHANGHAI: Shares of Chinese real estate firms fell further on Thursday as investors fretted about a debt crisis...

Published 14 Oct, 2021 10:55am

Real Estate

Looming Evergrande bond coupon payments intensify contagion fears

HONG KONG: As China Evergrande Group looks set to miss its third round of bond payments in three weeks, markets are...

Published 12 Oct, 2021 10:19am

Real Estate

President Alvi launches Roshan Apna Ghar in UAE

In a bid to attract Non-Resident Pakistanis (NRPs) to invest in the country’s real estate sector, President Arif...

Published 11 Oct, 2021 01:36pm

Gainers
Losers
Leaders

Stock	Price
National Silk / Dec 2 The National Silk & Rayon Mills Limited(NSRM)	20.97 ▲ 1.46 (7.48%)
Millat Tractors / Dec 2 Millat Tractors Limited(MTL)	899.00 ▲ 3.40 (0.38%)
Pak.Int.Cont.. / Dec 2 Pakistan International Container(PICT)	155.35 ▲ 0.20 (0.13%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	77.00 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	722.00 ▼ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	126.50 ▼ 0.00 (0.00%)
Adam Sugar / Dec 2 Adam Sugar Mills Limited(ADAMS)	35.05 ▼ 0.00 (0.00%)
Artistic Denim / Dec 2 Artistic Denim Mills Limited(ADMM)	71.30 ▼ 0.00 (0.00%)
Ados Pakistan / Dec 2 Ados Pakistan Limited(ADOS)	15.90 ▼ 0.00 (0.00%)
Agha Steel Ind. / Dec 2 Agha Steel Ind.Ltd(AGHA)	24.71 ▼ 0.00 (0.00%)

Stock	Price
Jubilee Spinning / Dec 2 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	5.35 ▲ -1.00 (-15.75%)
Nazir Cotton Mills / Dec 2 Nazir Cotton Mills Limited(NCML)	5.57 ▲ -0.67 (-10.74%)
Pak Mod. / Dec 2 First Pak Modaraba(PAKMI)	2.60 ▲ -0.30 (-10.34%)
Pace (Pak) Ltd. / Dec 2 Pace (Pakistan) Limited(PACE)	4.25 ▲ -0.48 (-10.15%)
Pak Gulf Leasin / Dec 2 Pak-Gulf Leasing Company Limited(PGLC)	6.00 ▲ -0.65 (-9.77%)
Kohinoor Spining / Dec 2 Kohinoor Spinning Mills Limited(KOSM)	3.90 ▲ -0.37 (-8.67%)
Javedan Corp. / Dec 2 Javedan Corporation Limited(JVDC)	49.23 ▲ -3.99 (-7.50%)
K.S.B.Pumps / Dec 2 KSB Pumps Company Limited(KSBP)	185.00 ▲ -15.00 (-7.50%)
National Refinery / Dec 2 National Refinery Limited(NRL)	263.67 ▲ -21.37 (-7.50%)
Prud Mod.1st / Dec 2 First Prudential Modaraba(PMI)	1.85 ▲ -0.15 (-7.50%)

Stock	Volume
Maple Leaf / Dec 2 Maple Leaf Cement Factory Limited(MLCF)	15,273,674 ▼ 0.00
Unity Foods Ltd / Dec 2 Unity Foods Limited(UNITY)	10,828,276 ▼ 0.00
G3 Tech. / Dec 2 G3 Technologies Limited(GTECH)	9,921,000 ▼ 0.00
Aisha Steel Mill / Dec 2 Aisha Steel Mills Limited(ASL)	8,799,500 ▼ 0.00
TRG Pak Ltd / Dec 2 TRG Pakistan Limited(TRG)	8,317,649 ▼ 0.00
WorldCall Telecom / Dec 2 Worldcall Telecom Limited(WTL)	8,141,500 ▼ 0.00
TPL Properties / Dec 2 TPL Properties Limited(TPLP)	6,420,500 ▼ 0.00
Fauji Foods Ltd / Dec 2 Fauji Foods Limited(FFL)	5,270,000 ▼ 0.00
Power Cement / Dec 2 Power Cement Limited(POWER)	5,039,500 ▼ 0.00
Byco Petroleum / Dec 2 Byco Petroleum Pakistan Limited(BYCO)	4,548,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	175.82
USD PKR Interbank Buying / Dec 1	175.72
USD to Japanese Yen / Dec 1	112.80
USD to Swiss Franc / Dec 1	0.92
Pound Sterling to USD / Dec 1	1.33
Euro to USD / Dec 1	1.13
UK LIBOR % / Dec 1	0.08

Stock	Volume
S&P 500 / Dec 1	4567.00
India Sensex / Dec 1	57684.79
Tokyo Nikkei / Dec 1	27935.62
Nasdaq / Dec 1	15254.05
Hang Seng / Dec 1	23658.92
FTSE 100 / Dec 1	7168.68
Dow Jones / Dec 1	34021.94
Germany DAX 30 / Dec 1	15472.67
France CAC40 / Dec 1	6881.87

Item	Value
Crude Oil / Dec 1	65.50
Karachi Cotton Assoc. / Dec 1	17680.00
Gold 10 Grams / Dec 1	101700.00
Gold Spot / Dec 1	1779.16
Cotton / Dec 1	104.19

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