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اردو

Oct 14, 2026 اردو

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Markets

China approves Geely acquisition of 34% of Ford España

The JV is to be 66% owned by Ford and 34% owned by Geely, the companies added

Published October 14, 2026 Updated October 14, 2026 11:47am

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By Reuters

BEIJING: China’s market regulator has unconditionally approved Geely’s acquisition of 34% of Ford Motor’s Spanish subsidiary Ford España, it said on Monday.

In July the companies said Geely would build two electric SUVs at Ford’s factory in Valencia, Spain, and they would together develop a vehicle under a newly formed joint venture.

Ford and Geely strike deal for EV production at Spanish plant, newspaper reports

The JV is to be 66% owned by Ford and 34% owned by Geely, the companies added.

Ford Motor Geely

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 13	277.16 ▼ -0.01
USD PKR Interbank Buying / Oct 13	276.96 ▼ -0.01
USD to Japanese Yen / Oct 14	158.30 ▼ -0.06
USD to Swiss Franc / Oct 14	0.83 ▼ -0.0005
Pound Sterling to USD / Oct 14	1.33 ▲ 0.0012
Euro to USD / Oct 14	1.12 ▲ 0.0007
SOFR % / Oct 9	3.87 -

Stock	Volume
S&P 500 / Oct 13	7,805.45
Nasdaq / Oct 13	27,204.38
Dow Jones / Oct 13	51,670.10
India Sensex / Oct 14	72,992.93
Tokyo Nikkei / Oct 14	68,193.13
Hang Seng / Oct 14	24,369.25
FTSE 100 / Oct 14	10,651.10
Germany DAX 30 / Oct 14	25,333.61
France CAC40 / Oct 14	7,870.52

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 13	18,680
Gold 10 Grams PKR / Oct 13	377,945
Petrol/Litre / Oct 14	392.66
Crude Oil USD/Barrel / Oct 14	94.58
Gold Spot USD/Ounce / Oct 14	4,166.30
Diesel/Litre / Oct 14	396.82
Cotton US¢/pound / Oct 14	80.93

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Oct 14 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.85 ▲ 0.38 (15.38%)
Unicap Modaraba / Oct 14 Unicap Modaraba(UCAPM)	9.96 ▲ 1 (11.16%)
Azgard Nine (Non-Voti) / Oct 14 Azgard Nine (Non-Voti)(ANLNV)	8.45 ▲ 0.8 (10.46%)
D.S. Ind. Ltd. / Oct 14 D.S. Industries Limited(DSIL)	19.66 ▲ 1.79 (10.02%)
Metro Steel / Oct 14 Metropolitan Steel Corporation Limited(MSCL)	20.21 ▲ 1.84 (10.02%)
Bank Makramah / Oct 14 Bank Makramah Limited(BML)	58.69 ▲ 5.34 (10.01%)
F.Credit & Inv / Oct 14 First Credit and Investment Bank Limited(FCIBL)	53.74 ▲ 4.89 (10.01%)
Ghandhara Tyre / Oct 14 Ghandhara Tyre & Rubber Company Limited(GTYR)	27.15 ▲ 2.47 (10.01%)
Idrees Tex. / Oct 14 Idrees Textile Mills Limited(IDRT)	36.94 ▲ 3.36 (10.01%)
Jah.Sidd. Co. / Oct 14 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.40 ▲ 2.13 (10.01%)

Stock	Price
Ghani Chemworld Limited(PRS) / Oct 14 Ghani Chemworld Limited(PRS)(GCWLPRS)	96.31 ▼ -10.69 (-9.99%)
Pakistan Credit Rating Agency / Oct 14 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	39 ▼ -4.33 (-9.99%)
Sindh Modaraba / Oct 14 Sindh Modaraba(SINDM)	51.30 ▼ -5.29 (-9.35%)
Mughal Energy / Oct 14 Mughal Energy Limited(GEM)(GEMMEL)	34 ▼ -3.25 (-8.72%)
Aisha Steel (CPS) / Oct 14 Aisha Steel Mills Limited (CPS)(ASLCPS)	77.55 ▼ -6.71 (-7.96%)
OLP Fin. Services / Oct 14 OLP Financial Services Pakistan Limited(OLPL)	46.85 ▼ -4.05 (-7.96%)
Suraj Cotton / Oct 14 Suraj Cotton Mills Limited(SURC)	138 ▼ -10.65 (-7.16%)
Janana De Malucho / Oct 14 Janana De Malucho Textile Mills Limited(JDMT)	115 ▼ -8.5 (-6.88%)
Power Cem(Pref) / Oct 14 Power Cement (Pref)(POWERPS)	26.50 ▼ -1.86 (-6.56%)
Dewan Textile / Oct 14 Dewan Textile Mills Limited(DWTM)	9.40 ▼ -0.59 (-5.91%)

Stock	Volume
Pervez Ahmed Consultancy / Oct 14 Pervez Ahmed Consultancy Services Ltd.(PASL)	25,618,887 ▲ 0.38
Unity Foods Ltd / Oct 14 Unity Foods Limited(UNITY)	25,488,538 ▲ 0.09
WorldCall Telecom / Oct 14 Worldcall Telecom Limited(WTL)	25,415,722 ▼ -0.01
D.S. Ind. Ltd. / Oct 14 D.S. Industries Limited(DSIL)	12,132,057 ▲ 1.79
K-Electric Ltd. / Oct 14 K-Electric Limited(KEL)	10,812,779 ▲ 0.03
F. Nat.Equities / Oct 14 First National Equities Limited(FNEL)	8,355,706 ▲ 0.03
Cnergyico PK / Oct 14 Cnergyico PK Limited(CNERGY)	8,017,725 ▼ -0.03
Pakistan Refinery / Oct 14 Pakistan Refinery Limited(PRL)	7,973,471 ▲ 0.21
LSE Financial Serv.(R) / Oct 14 LSE Financial Services Limited Right(LSEFSLR)	6,445,283 ▼ -0.06
Kohinoor Spinning / Oct 14 Kohinoor Spinning Mills Limited(KOSM)	5,459,353 ▲ 0.02