Trends - auto sector - Business Recorder

auto sector

White House ramps up effort to tackle automotive chip shortage

In a Jan. 19 letter to Deese first reported by Reuters, the United Auto Workers union and auto trade groups asked the Biden administration to consider "urging major silicon wafer foundries to ramp up production of automotive grade wafers."

Published 18 Feb, 2021 11:50am

Markets

PSX on negative note: BRIndex100 plummets

KARACHI: Pakistan Stock Exchange on Wednesday closed on negative note due to selling in various sectors as the...

Published 18 Feb, 2021 04:08am

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (February 16, 2021). ==================================== BR...

Published 17 Feb, 2021 04:24am

BR Research

Kia: Play for power

After a fairly exuberant launch and run of Sportage, Grand Carnival and Picanto— the company is selling about...

Published 16 Feb, 2021 07:40am

China overtakes US as EU’s biggest trading partner

BRUSSELS: China last year overtook the United States as the EU's biggest trading partner, the EU statistics agency...

Updated 16 Feb, 2021 09:31am

Business & Finance

Automobile, fisheries and IT: Japan, Sindh govt agree to work together

KARACHI: Sindh Chief Minister and Japanese ambassador in Pakistan Kuninori Matsuda agreed to work together for the...

Updated 16 Feb, 2021 09:32am

Business & Finance

Nissan denies being part of Apple car discussions

Nissan denied recent reports about it being in talks with Apple Inc for the tech giant's autonomous car project.

Published 15 Feb, 2021 03:57pm

Technology

Nissan says 'not in talks with Apple' over autonomous car project

“We are not in talks with Apple,” a Nissan spokeswoman said.
“However, Nissan is always open to exploring collaborations and partnerships to accelerate industry transformation."

Published 15 Feb, 2021 03:39pm

Markets

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (February...

Published 14 Feb, 2021 03:49am

FBR investigating automobile under-invoicing scam

ISLAMABAD: Federal Board of Revenue (FBR) is reportedly investigating a mega under-invoicing scam showing the...

Published 14 Feb, 2021 03:49am

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (February 12, 2021). ==================================== BR...

Published 13 Feb, 2021 04:11am

LSM output up 8.16pc in 1HFY21

ISLAMABAD: The overall output of the Large Scale Manufacturing Industries (LSMI) increased by 8.16 percent in the...

Published 13 Feb, 2021 04:11am

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (February 11, 2021). ==================================== ...

Published 12 Feb, 2021 04:54am

Markets

Platinum hovers near 6-year peak in Europe

• Gold listless, silver up 0.6pc LONDON/ROTTERDAM: Platinum extended its gains into a fifth straight session on...

Updated 12 Feb, 2021 11:47pm

Markets

US MIDDAY: Gold dips

NEW YORK: Gold fell 1% on Thursday, as the dollar halted its slide, while platinum also eased in choppy trading ...

Updated 12 Feb, 2021 11:48pm

Business & Finance

French autosector could face chips supply glitches for several more months

Carmakers around the world have been impacted by the shortage of chips used in engine management and driver-assistance systems.
Last week carmakers Renault and Stellantis said they had both suspended car production at several factories as they grappled with the worldwide shortage of crucial semiconductors.

Updated 11 Feb, 2021 09:26pm

Markets

BRIndex100 little changed: PSX records volume of 1bn shares for the first time in 16 years

KARACHI: Pakistan Stock Exchange Wednesday recorded historic volumes of one billion shares on regular market, ...

Published 11 Feb, 2021 04:34am

Markets

Platinum scales 6-year peak, palladium jumps

NEW YORK: Platinum raced to a six-year peak while palladium jumped over 3% on Wednesday on hopes of a fillip to...

Published 11 Feb, 2021 04:34am

BR Research

Chery on top?

A host of Chinese vehicles are about to grace the Pakistani market. The latest to ride this wave will be Chery China...

Published 10 Feb, 2021 07:30am

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (February 9, 2021). ==================================== BR...

Published 10 Feb, 2021 04:12am

Business & Finance

Honda and Nissan to sell a quarter of a million fewer cars because of chip shortage

The automakers made the announcement as they unveiled brighter outlooks for the financial year ending March 2021 as automobile markets.
Popular models that sell well were hit hard by semiconductor shortage.

Updated 09 Feb, 2021 11:32pm

Pakistan

ICCI organizes Mega Auto Show to highlight potential of automobile sector

The auto show was free of cost while food stalls, and refreshment counters were also arranged for the convenience of the participants.

Published 07 Feb, 2021 07:46pm

Markets

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (February...

Published 07 Feb, 2021 04:07am

Business & Finance

Duty-Free Imports Of Electric 2-3 Wheelers Allowed in Pakistan: FBR

FBR announced exemptions from Additional Customs Duty (ACD) on imports of electric 2-3 wheelers till the 30th of June, 2025.

Published 05 Feb, 2021 03:29pm

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (February 4, 2021). ==================================== BR...

Published 05 Feb, 2021 04:53am

Business & Finance

Ghandhara Nissan announces to manufacture Chery passenger cars in Pakistan

In line with the government's initiative to implement EV Policy, the company will introduce its lineup of electric vehicles in Pakistan in the next 2-3 years.

Updated 04 Feb, 2021 04:51pm

Markets

China shares lower

BEIJING: China shares ended lower on Wednesday, as profit-taking in tech stocks with high valuations outweighed ...

Published 04 Feb, 2021 04:13am

Business & Finance

Pak Suzuki Bike Prices Rise up to Rs4K

Pak Suzuki increased prices for three of its bikes: Suzuki GS 150, GS 150SE and GR 150.
New prices will come into effect from the 1st of February, 2021.

Updated 03 Feb, 2021 03:37pm

Business & Finance

Suzuki raises price of APV by more than Rs11 lac

Suzuki announced the biggest price hikes in the industry for its All-Purpose Vehicle (APV).

Published 03 Feb, 2021 03:13pm

Markets

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (February 2, 2021). ==================================== BR...

Published 03 Feb, 2021 04:35am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	152.98
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.26
Euro to USD / May 3	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
Tokyo Nikkei / May 2	38236.07
India Sensex / May 3	74412.88
Hang Seng / May 3	18417.07
FTSE 100 / May 3	8208.23
Germany DAX 30 / May 3	17993.66

Item	Value
Karachi Cotton PKR/37.32 KG / May 2	20000
Crude Oil USD/Barrel / May 3	79.12
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2308.69
Cotton US¢/pound / May 3	75.94
Petrol/Litre / May 4	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

auto sector

Most Popular