PSX Ticker: psmc - Stock price and company news

Business & Finance

Automakers continue to shut production amid falling demand, raw material shortage

Amid a decline in demand and the inability to procure much-needed raw material, various companies in the auto sector...

Updated 01 Dec, 2023 06:06pm

Business & Finance

Pak Suzuki announces yet another shutdown of automobile plant

Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant amid...

Updated 08 Nov, 2023 03:05pm

BR Research

Autos: Never say never

After a colossal 40 percent reduction in vehicle sales in the first quarter year on year, automobile assemblers are...

Published 02 Nov, 2023 09:24am

Business & Finance

Automakers in Pakistan announce temporary shutdowns as economic woes bite

Pak Suzuki Motor Company announces another shutdown of automobile plants
Agriauto Industries says it will observe a partial shutdown

Updated 01 Nov, 2023 04:35pm

Business & Finance

PSMC has not yet announced reduction in Suzuki car prices: spokesperson

Pak Suzuki Motor Company Limited (PSMC) has not announced a reduction in prices at present, its spokesperson...

Published 26 Oct, 2023 06:38pm

Business & Finance

Pak Suzuki announces yet another shutdown of automobile, motorcycle plants

Pak Suzuki Motor Company (PSMC) announced on Tuesday another temporary shutdown of its automobile and motorcycle...

Updated 24 Oct, 2023 05:30pm

Business & Finance

Suzuki here to stay, company reiterates its commitment to Pakistan’s market

Suzuki Motor Corporation will continue to invest in Pakistan and ensure that Pak Suzuki serves its customers in...

Published 19 Oct, 2023 09:55pm

Markets

Citing losses, low valuations, Pak Suzuki announces to delist from PSX

The Board of Directors (BoD) of Pak Suzuki Motor Company (PSMC) has decided to purchase all outstanding shares of...

Updated 19 Oct, 2023 04:28pm

Business & Finance

PSMC announces shutdown of automobile plant

Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant. In its...

Updated 18 Oct, 2023 05:50pm

Business & Finance

Pak Suzuki set to consider delisting from PSX, share price hits upper-limit

Board meeting on Oct 19 to review and consider majority shareholder’s intent to purchase all outstanding shares and de-listing under Rule 5.14.1. of listing regulations

Updated 12 Oct, 2023 10:51pm

Business & Finance

Pakistan’s car sales rise 10% MoM, fall 26% YoY in September

Stand at 8,312 units during the month

Published 11 Oct, 2023 08:47pm

Business & Finance

Pak Suzuki extends shutdown of motorcycle plant

Pak Suzuki Motor Company (PSMC) announced on Thursday that it will extend the shutdown of its motorcycle plant till...

Published 14 Sep, 2023 10:53am

Business & Finance

Pakistan’s car sales jump 49% MoM in August

Car sales in Pakistan witnessed an increase of 49% on a month-on-month (MoM) basis in August 2023, clocking in at...

Published 11 Sep, 2023 08:37pm

Business & Finance

Pak Suzuki, Agriauto announce shutdown as economic woes bite

Feeling the pinch of economic conditions, Pak Suzuki Motor Company (PSMC) and parts-maker Agriauto Industries...

Updated 01 Sep, 2023 08:08pm

BR Research

Suzuki: Glorious return

Looks like all that idle time of non-production worked out just fine for the automobile giant, Pakistan Suzuki (PSX:...

Published 28 Aug, 2023 08:44am

Markets

Pak Suzuki bleeds Rs9.68bn as losses in 6MCY23 as finance costs soar

Company remained non-operational through much of the period, as it faced inventory shortages

Updated 25 Aug, 2023 03:54pm

Business & Finance

Pak Suzuki announces another motorcycle plant shutdown

Cites shortage of inventory level as reason

Updated 18 Aug, 2023 07:37pm

Business & Finance

First month of FY24: Car sales down 57% YoY as rising prices suppress demand

Pakistan Automotive Manufacturers Association says only 5,092 units were sold in July

Published 11 Aug, 2023 10:36pm

Business & Finance

Pak Suzuki halts motorcycle production till Aug 15

Pak Suzuki Motor Company Limited (PSMC), the assembler of Suzuki automobiles in the country, has announced a 16-day...

Updated 31 Jul, 2023 06:46pm

BR Research

The rich and the resilient

Pricier cars becoming more uneconomical, mounting cost of borrowing at prevailing kibor rates close to 23 percent,...

Updated 13 Jul, 2023 10:11am

Business & Finance

Fiscal year 2022-23: car sales drop 56% due to high prices, low purchasing power

Automobile firms sell 126,879 cars in previous fiscal year

Published 11 Jul, 2023 09:33pm

Business & Finance

Pak Suzuki extends automobile, motorcycle plant shutdown till July 19

Pak Suzuki Motor Company (PSMC) has decided to extend the shutdown of its automobile and motorcycle plant till July...

Updated 07 Jul, 2023 08:34pm

BR Research

Summertime madness

This week the Japanese assembler of Suzuki vehicles in Pakistan, Pak Suzuki (PSX: PSMC) announced it would keep both...

Published 23 Jun, 2023 09:44am

Business & Finance

Pak Suzuki shuts automobile, motorcycle plant till July 8

Pak Suzuki Motor Company (PSMC) has announced another shutdown of its automobile and motorcycle plant from June 22...

Published 19 Jun, 2023 05:51pm

Business & Finance

Import restriction: Suzuki apprises Qamar about its ‘plight’

ISLAMABAD: Japanese car assembler M/s Suzuki on Friday shared its woes with respect to restriction on imports with...

Updated 17 Jun, 2023 11:26am

Pakistan

Pak Suzuki extends shutdown of motorcycle plant till June 16

Pak Suzuki Motor Company (PSMC) has announced it will extend the shutdown of its motorcycle plant until June 16,...

Updated 13 Jun, 2023 03:49pm

Business & Finance

Car assembler Pak Suzuki calls for ‘no new taxes or hikes in existing levies’

In letter addressed to prime minister, company wants reduction in duties and taxes for vehicles up to 1,000cc

Published 02 Jun, 2023 07:36pm

Business & Finance

Pak Suzuki shuts motorcycle plant till June 10

Decision made due to government import restrictions that have affected the auto sector, causing a shortage of inventory

Updated 23 May, 2023 06:55pm

BR Research

Suzuki: Damage control

The first quarter of the calendar year for Pakistan Suzuki (PSX: PSMC) has been a shocker—a loss of Rs12.9...

Published 23 May, 2023 08:46am

BR Research

Autos: Head-on collision

While March numbers would give pause and indicate there may still be ample demand in the market for newly assembled...

Published 11 May, 2023 09:01am

Business & Finance

Pak Suzuki hikes motorcycle prices by up to Rs20,000

Increase comes into effect on May 9

Published 08 May, 2023 08:13pm

Business & Finance

Pak Suzuki announces another shutdown, automobile, motorcycle plant to stay closed till May 9

Pak Suzuki Motor Company (PSMC) has once again announced that it will shut its automobile and motorcycle plant until...

Published 26 Apr, 2023 04:31pm

Business & Finance

Pak Suzuki appoints Hiroshi Kawamaru as new managing director

Development comes days after PSMC recorded its highest-ever quarterly loss of Rs12.9 billion

Published 20 Apr, 2023 02:02pm

BR Research

Suzuki skids to a stop?

Pakistan Suzuki (PSX: PSMC) has had plenty of idle time on its hands, however vexing that may be, owing to massive...

Published 19 Apr, 2023 08:32am

Business & Finance

Pak Suzuki Motor Company records highest ever quarterly loss of Rs12.9bn

Experts attribute loss to plunge in sales and currency depreciation

Published 18 Apr, 2023 03:39pm

Business & Finance

Pak Suzuki extends motorcycle plant shutdown till April 28

Pak Suzuki Motor Company (PSMC) has announced its motorcycle plant will remain shut until April 28. The decision was...

Updated 13 Apr, 2023 06:18pm

Markets

Pak Suzuki raises motorcycle prices by up to Rs50,000

New rates applicable from April 7

Published 07 Apr, 2023 11:36pm

Business & Finance

Pak Suzuki jacks up its car prices for a fourth time in 2023

Its cheapest model, the Alto VX, is now priced at Rs2.251mn, while its high-end Swift variant is now at Rs4.96mn

Published 05 Apr, 2023 04:54pm

Business & Finance

Pak Suzuki announces further plant shutdowns

Cites inventory shortage as reason

Updated 03 Apr, 2023 05:33pm

Business & Finance

Pak Suzuki shuts motorcycle production till end March amid inventory shortage

Plant will be closed from March 20 to March 31

Updated 17 Mar, 2023 07:25pm

Markets

Pak Suzuki increases car prices for third time in 2023

Top variant of Swift now priced at Rs4,725,000

Published 21 Feb, 2023 01:39pm

Business & Finance

Import restrictions bite: Pak Suzuki extends automobile plant shutdown

Pak Suzuki Motor Company (PSMC) on Friday announced extending the shutdown of its automobile plant from February 20...

Updated 17 Feb, 2023 02:48pm

Business & Finance

Pak Suzuki increases bike prices by 10%

New rates are applicable from February 10

Published 09 Feb, 2023 08:04pm

Business & Finance

Pak Suzuki raises car prices for second time in a month

Automobile rates hiked by up to Rs350,000

Updated 09 Feb, 2023 04:45pm

Business & Finance

Pak Suzuki announces plant shutdown yet again due to inventory shortage

Pak Suzuki Motor Company (PSMC) on Wednesday announced it will shut down its automobile plant from February 13 to...

Updated 08 Feb, 2023 03:52pm

Markets

In 2 weeks: Indus Motor increases Toyota car prices again as rupee's fall bites

Hikes rates by as much as Rs1.16 million, says economic uncertainties and extreme volatility in rupee value has impacted cost of manufacturing

Updated 28 Jan, 2023 03:29pm

Business & Finance

After Toyota and Honda, Pak Suzuki also jacks up car prices in Pakistan

Following the recent announcements by Indus Motor Company and Honda Atlas, Pak Suzuki Motor Company (PSMC) has also...

Published 24 Jan, 2023 08:34pm

Markets

Pak Suzuki suspends motorcycle bookings amid supply chain constraints

Company will stop taking orders from Friday

Updated 19 Jan, 2023 09:52pm

Business & Finance

Pak Suzuki extends plant shutdown again due to inventory shortage

Plant to be closed until January 20

Updated 13 Jan, 2023 09:06pm

Business & Finance

December: Car sales fall 38% year-on-year owing to import restrictions

Experts see bumpy first half of 2023 for Pakistan’s auto sector

Published 11 Jan, 2023 08:09pm

BR Research

Monsters of our own making

Kicking off the new year with a whimper, last week, Pakistan Suzuki (PSX: PSMC) announced it would be keeping its...

Published 10 Jan, 2023 08:46am

Business & Finance

Pak Suzuki extends plant shutdown to January 13

Company says this is due to continued shortage of inventory level

Published 06 Jan, 2023 06:07pm

Pakistan

Bleak times ahead for Pakistan’s manufacturing sector

Expert says temporary shutdown seems to be the only available option at the moment

Updated 04 Jan, 2023 04:40pm

Business & Finance

'Inventory shortage': Pak Suzuki announces temporary shutdown of automobile, motorcycle plants

Pak Suzuki Motor Company (PSMC) on Monday announced the temporary shutdown of its plant for automobiles and...

Updated 26 Dec, 2022 07:19pm

Business & Finance

After Atlas Honda, Pak Suzuki also jacks up motorcycle prices in Pakistan

Rates of bikes hiked in the range of Rs15,000-20,000

Updated 01 Nov, 2022 04:32pm

Business & Finance

Curtains down on My Suzuki My Story Season 3

The final closure of the much-celebrated My Suzuki My Story Season 3 took place on October 28, 2022 in Lahore....

Published 31 Oct, 2022 07:05pm

Business & Finance

Pak Suzuki announces three-day shutdown of automobile plant

Pak Suzuki Motor Company Limited (PSMC) on Thursday announced again that its automobile plant would shut down for...

Published 20 Oct, 2022 04:29pm

Business & Finance

Pak Suzuki announces another extension in shutdown of automobile plant

Company says automobile plant to remain closed till September 23

Published 06 Sep, 2022 05:31pm

Business & Finance

Indus Motor Company again announces shutdown of plant from Sep 1 to Sep 16

In a separate notice, Millat Tractors also says it will keep its production operations closed from Wednesday, August 31, 2022, till September 16, 2022

Updated 30 Aug, 2022 08:31pm

Business & Finance

Pak Suzuki announces further extension in automobile plant shutdown

Pak Suzuki Motor Company (PSMC) on Monday said it has further extended the shutdown of its automobile production...

Published 29 Aug, 2022 04:43pm

Business & Finance

Pak Suzuki extends automobile plant shutdown citing inventory levels

Motorcycle plant will remain operative, says company
Shutdown of automobile plant extended till August 26

Updated 18 Aug, 2022 05:43pm

BR Research

Auto: Trouble in paradise

Pakistan Suzuki (PSX: PSMC) had no words to mince yesterday when it announced to the PSX that it would be shutting...

Published 17 Aug, 2022 09:07am

Business & Finance

Pak Suzuki cuts car prices by up to Rs199,000

Company decreases rates owing to steep rupee appreciation

Updated 16 Aug, 2022 08:19pm

Business & Finance

Suzuki, Honda, Yamaha increase bike prices in Pakistan

Reeling from the impact of a sharp drop in the rupee's value against the US dollar, Atlas Honda, Pak Suzuki, and...

Updated 01 Aug, 2022 08:13pm

Business & Finance

Pak Suzuki showcases its premium automobiles at PAPS 2022

Pak Suzuki showed its premium automobiles with several features at the 2022 Pakistan International Auto Show (PAPS)...

Published 01 Aug, 2022 04:56pm

Business & Finance

Pak Suzuki increases car prices by up to Rs661,000

Swift's GLX CVT variant sees biggest hike

Published 01 Aug, 2022 01:09pm

Business & Finance

Pak Suzuki warns of plant shutdown in August if import restrictions persist

Company says will deliver vehicles booked till June 22

Published 26 Jul, 2022 08:41pm

Business & Finance

Pak Suzuki discontinues GS150-SE bike model

Company may announce 125cc motorcycle by end of 2022

Published 19 Jul, 2022 04:00pm

Business & Finance

Pak Suzuki suspends fresh bookings of its bikes, jacks up prices

Will sell existing inventory at higher rates from July 2

Published 01 Jul, 2022 07:59pm

Business & Finance

Pak Suzuki dismisses rumours over relaunching Mehran

Social media abuzz with rumours company was looking to restart production of vehicle that was discontinued during FY19

Updated 25 Jun, 2022 10:15pm

Business & Finance

Delayed deliveries, high ‘own-money’ are every car buyer’s bane in Pakistan

Fahad Ahmed, a businessman, wanted to buy a new vehicle, and instantly faced two options – pay ‘own-money’ for...

Published 07 Jun, 2022 11:30pm

Business & Finance

Auto sales to increase in May, but a slowdown is right around the corner in Pakistan

JS Research says number for May likely to clock in at 22,700 units

Updated 07 Jun, 2022 09:04pm

Business & Finance

After Toyota and Honda, Pak Suzuki hikes car prices by as much as Rs129,000

Suzuki Swift's GLX CVT variant sees biggest hike

Published 09 May, 2022 06:09pm

Business & Finance

After IMC and Honda, Pak Suzuki jacks up car prices

Newly-launched Swift variant, the GLX-CVT, sees hike of Rs270,000

Published 02 Apr, 2022 12:07pm

BR Research

Suzuki: Speed bump ahead!

With leaving a turbulent CY20 behind, one could say Pakistan Suzuki (PSX: PSMC) has had quite the comeback. In just...

Updated 25 Mar, 2022 09:20am

Business & Finance

Pak Suzuki launches 3rd-generation Swift in Pakistan, prices start from Rs2.499mn

Company says rates are currently 'introductory'
GLX-CVT variant priced at Rs2,899,000

Published 24 Feb, 2022 09:30pm

Business & Finance

Pak Suzuki increases car prices 'owing to mini-budget'

Company attributes hike to recent amendments passed by govt

Published 19 Jan, 2022 10:06pm

Markets

Pak Suzuki, Honda Atlas become latest car assemblers to increase prices

Following KIA Lucky Motors and Indus Motor Company, Pakistan Suzuki and Honda Atlas became the latest car...

Updated 12 Nov, 2021 06:52pm

BR Research

Suzuki: Balancing Act

After selling more than double of what it did this period last year, Pakistan Suzuki (PSX: PSMC) has certainly ...

Published 29 Oct, 2021 07:40am

BR Research

Suzuki: Preparing for the race

At a capacity utilization of just over 70 percent, Pakistan Suzuki (PSX: PSMC) has certainly turned a corner in the...

Published 02 Sep, 2021 07:40am

BR Research

Suzuki: Back on the steering wheel

After turning losses for eight consecutive quarters, Pakistan Suzuki (PSX: PSMC) is back in profits since the past...

Published 07 May, 2021 07:40am

BR Research

Suzuki: Half-step forward

The outgoing year has not been kind to Pakistan Suzuki (PSX: PSMC). Throughout 2019, the company struggled to ...

Published 24 Mar, 2021 07:35am

Business & Finance

Pak Suzuki decides to end sales of another popular model in Pakistan

As per details available the Suzuki Swift, which was introduced in Pakistan in 2010, has been popular auto of the people for years, and its sales record has also been excellent.

Published 26 Aug, 2020 12:38pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 4 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 4 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 4 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 4 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 4 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 4 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 4 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 4 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 4 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 4 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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