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LONDON: Banking giant HSBC said Wednesday it will seek to cut US$2.5-3.5 billion (1.7-2.4 billion euros) in costs by 2013 as part of a strategic review, two days after unveiling mixed first-quarter results.
"US$2.5-3.5bn of sustainable cost saves (are) targeted over the next three years," HSBC said in a stategy update that was published ahead of an investor day in central London.
| Currency | Rate |
|---|---|
|
USD PKR Interbank Selling
/ Aug 11
|
277.87
|
|
USD PKR Interbank Buying
/ Aug 11
|
277.67
|
|
USD to Japanese Yen
/ Aug 11
|
159.21
|
|
USD to Swiss Franc
/ Aug 11
|
0.81
|
|
Pound Sterling to USD
/ Aug 11
|
1.35
|
|
Euro to USD
/ Aug 11
|
1.15
|
|
SOFR %
/ Aug 11
|
3.62
|
| Stock | Volume |
|---|---|
|
S&P 500
/ Aug 10
|
7,753.11
|
|
Tokyo Nikkei
/ Aug 10
|
66,970.22
|
|
Nasdaq
/ Aug 10
|
26,605.36
|
|
Dow Jones
/ Aug 10
|
53,975.98
|
|
India Sensex
/ Aug 11
|
78,093.59
|
|
Hang Seng
/ Aug 11
|
25,795.77
|
|
FTSE 100
/ Aug 11
|
10,848.47
|
|
Germany DAX 30
/ Aug 11
|
26,332.36
|
|
France CAC40
/ Aug 11
|
8,724.51
|
| Item | Value |
|---|---|
|
Crude Oil USD/Barrel
/ Aug 11
|
82.27
|
|
Karachi Cotton PKR/37.32 KG
/ Aug 11
|
18,580
|
|
Gold 10 Grams PKR
/ Aug 11
|
394,149
|
|
Gold Spot USD/Ounce
/ Aug 11
|
4,368.90
|
|
Cotton US¢/pound
/ Aug 11
|
83.47
|
|
Petrol/Litre
/ Aug 12
|
325.92
|
|
Diesel/Litre
/ Aug 12
|
382.25
|
| Stock | Price |
|---|---|
|
Siddiqsons Tin
/ Aug 11
Siddiqsons Tin Plate Limited(STPL)
|
9.71
▲ 0.95
(10.84%)
|
|
Azgard Nine (Non-Voti)
/ Aug 11
Azgard Nine (Non-Voti)(ANLNV)
|
8.80
▲ 0.82
(10.28%)
|
|
Aruj Industries
/ Aug 11
Aruj Industries Limited(ARUJ)
|
12.95
▲ 1.18
(10.03%)
|
|
Tri-Star Power
/ Aug 11
Tri-Star Power Limited(TSPL)
|
18.34
▲ 1.67
(10.02%)
|
|
Ashfaq Textile
/ Aug 11
Ashfaq Textile Mills Limited(ASHT)
|
40.76
▲ 3.71
(10.01%)
|
|
Ruby Textile
/ Aug 11
Ruby Textile Mills Limited(RUBY)
|
23.19
▲ 2.11
(10.01%)
|
|
Asim Textile
/ Aug 11
Asim Textile Mills Limited(ASTM)
|
74.79
▲ 6.8
(10%)
|
|
Buxly Paints
/ Aug 11
Buxly Paints Limited(BUXL)
|
277.72
▲ 25.25
(10%)
|
|
IGI Life Ins
/ Aug 11
IGI Life Insurance Limited(IGIL)
|
21.89
▲ 1.99
(10%)
|
|
Tata Textile
/ Aug 11
Tata Textile Mills Limited(TATM)
|
172.39
▲ 15.67
(10%)
|
| Stock | Price |
|---|---|
|
Dawood Equities
/ Aug 11
Dawood Equities Limited(DEL)
|
23.64
▼ -2.59
(-9.87%)
|
|
Fateh Ind.
/ Aug 11
Fateh Industries Limited(FIL)
|
286.78
▼ -31.21
(-9.81%)
|
|
TPL Insurance
/ Aug 11
TPL Insurance Limited(TPLI)
|
62.84
▼ -6.34
(-9.16%)
|
|
Jubilee Spinning
/ Aug 11
Jubilee Spinning & Weaving Mills Ltd.(JUBS)
|
54.39
▼ -4.42
(-7.52%)
|
|
East West Ins.
/ Aug 11
East West Insurance Company Limited(EWIC)
|
62.23
▼ -4.99
(-7.42%)
|
|
Engro Powergen
/ Aug 11
Engro Powergen Qadirpur Limited(EPQL)
|
24.99
▼ -1.7
(-6.37%)
|
|
F.Credit & Inv
/ Aug 11
First Credit and Investment Bank Limited(FCIBL)
|
32.11
▼ -2.12
(-6.19%)
|
|
Kohinoor Mills
/ Aug 11
Kohinoor Mills Limited(KML)
|
10.68
▼ -0.64
(-5.65%)
|
|
Trust Mod.
/ Aug 11
Trust Modaraba(TRSM)
|
18.94
▼ -1.02
(-5.11%)
|
|
Bawany Air Products
/ Aug 11
Bawany Air Products Limited(BAPL)
|
30.43
▼ -1.6
(-5%)
|
| Stock | Volume |
|---|---|
|
Cnergyico PK
/ Aug 11
Cnergyico PK Limited(CNERGY)
|
133,907,407
▼ -0.29
|
|
K-Electric Ltd.
/ Aug 11
K-Electric Limited(KEL)
|
61,848,727
▲ 0
|
|
Hascol Petrol
/ Aug 11
Hascol Petroleum Limited(HASCOL)
|
45,032,184
▲ 1.06
|
|
Unity Foods Ltd
/ Aug 11
Unity Foods Limited(UNITY)
|
40,090,062
▲ 0.01
|
|
Pak Refinery
/ Aug 11
Pakistan Refinery Limited(PRL)
|
31,666,040
▲ 0.91
|
|
WorldCall Telecom
/ Aug 11
Worldcall Telecom Limited(WTL)
|
28,282,358
▲ 0
|
|
Beco Steel Ltd
/ Aug 11
Beco Steel Limited(BECO)
|
24,832,349
▲ 0.27
|
|
Siddiqsons Tin
/ Aug 11
Siddiqsons Tin Plate Limited(STPL)
|
24,355,243
▲ 0.95
|
|
B.O.Punjab
/ Aug 11
The Bank of Punjab(BOP)
|
22,518,009
▼ -1.17
|
|
Pervez Ahmed Consultancy
/ Aug 11
Pervez Ahmed Consultancy Services Ltd.(PASL)
|
21,091,236
▲ 0.19
|
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