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Commerzbank

Commerzbank would lose clients in UniCredit merger, German lender’s CEO says

FRANKFURT: Commerzbank and UniCredit did not discuss a merger at a recent meeting, the German lender’s CEO Bettina...

Published 07 Oct, 2024 11:51am

Business & Finance

UniCredit’s rating might top Italy’s if it buys Commerzbank, Moody’s says

MILAN: Moody’s would consider hiking UniCredit’s credit rating one notch above Italy’s sovereign rating if it bought...

Published 02 Oct, 2024 01:25pm

Business & Finance

Commerzbank, UniCredit to meet Friday morning, source says

FRANKFURT: A meeting between bankers from Commerzbank and UniCredit will be held virtually on Friday morning, a...

Published 27 Sep, 2024 01:45pm

Business & Finance

Commerzbank boards confirm independent strategy as UniCredit seeks possible tie-up

FRANKFURT: Commerzbank’s supervisory and management boards have unanimously confirmed the bank’s current strategy of...

Published 26 Sep, 2024 01:54pm

Markets

European shares end higher, Commerzbank dips

PARIS: European shares closed higher on Monday as a soft business activity reading strengthened the case for more...

Published 24 Sep, 2024 03:28am

Business & Finance

Unicredit, Commerzbank merger would add value for all stakeholders, Orcel tells Handelsblatt

BERLIN: A merger of Italy’s Unicredit and Germany’s Commerzbank would add value for all stakeholders and create a...

Published 16 Sep, 2024 10:59am

Business & Finance

Commerzbank opens Lithuania office in bid to boost Baltic connection

BERLIN: Commerzbank will open a representative office in Lithuania from December this year designed to operate as a...

Published 21 Aug, 2024 02:08pm

Business & Finance

Commerzbank seeks share buyback, confirms annual outlook as Q2 profit dips

FRANKFURT: Germany’s Commerzbank said on Wednesday that it was planning a 600-million-euro ($654.48 million) share...

Published 07 Aug, 2024 11:42am

Markets

European shares end lower as earnings whirlwind disappoints

PARIS: European shares closed lower on Wednesday, dampened by luxury stocks after dour results from LVMH weighed on...

Published 25 Jul, 2024 06:35am

Markets

South African rand stable, focus on unity government talks

JOHANNESBURG: The South African rand was little changed in early trading on Wednesday, as investors waited for...

Published 12 Jun, 2024 01:18pm

Business & Finance

Commerzbank reports better-than-expected 29% rise in Q1 profit

FRANKFURT: Germany’s Commerzbank posted a better-than-expected 29% rise in first-quarter net profit on Wednesday,...

Published 15 May, 2024 12:29pm

Markets

European stocks dragged down by healthcare

PARIS: European stocks made a downbeat start to the second quarter, pressured by healthcare shares, while investors...

Published 03 Apr, 2024 05:29am

Markets

French, German stocks sprint to record high on earnings cheer

PARIS: European shares rose on Thursday as upbeat corporate earnings pushed French and German stocks to a record...

Published 16 Feb, 2024 06:02am

Markets

Euro zone yields edge up from multi-month lows as markets bet on March ECB rate cut

LONDON: Euro zone government bond yields edged higher on Monday after earlier touching multi-month lows as market...

Published 04 Dec, 2023 05:54pm

Markets

Gold leaps above $2,000 as dollar weakens on Fed pause bets

LONDON: Gold rose over the key $2,000 level on Friday, logging its second consecutive weekly gain, see-sawing ...

Published 26 Nov, 2023 03:31am

Business & Finance

Commerzbank Q3 net profit more than triples, beats expectations

FRANKFURT: Germany’s Commerzbank said on Wednesday that net profit more than tripled in the third quarter, better...

Published 08 Nov, 2023 11:34am

Business & Finance

Gazprom subsidiary files lawsuits against Deutsche Bank, Commerzbank

MOSCOW: RusKhim-Alyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits seeking a total of 31 billion...

Published 05 Jul, 2023 06:00am

Business & Finance

German economy entered recession in Q1

BERLIN: The German economy contracted in the first quarter of 2023 compared with the previous three months, thereby...

Published 25 May, 2023 12:16pm

World

Germany’s 2022 inflation drops one point to 6.9% after changes to index

BERLIN: Germany’s new 6.9% inflation reading for 2022 is one point lower than previously reported due to revisions...

Published 22 Feb, 2023 04:43pm

Markets

Commerzbank sees 2023 profit ‘well above’ 2022 despite challenges

FRANKFURT: Germany’s Commerzbank said on Thursday that net profit rose a better-than-expected 12% in the fourth...

Published 16 Feb, 2023 01:05pm

Markets

Arabica coffee falls

LONDON: Arabica coffee futures on ICE fell to a 14-month low on Friday, pressured by an improving outlook for next...

Published 30 Oct, 2022 03:57am

Markets

Oil prices rise on signals Opec might cut output

NEW YORK: Oil prices ended higher on Friday, boosted by signals from Saudi Arabia that OPEC could cut output, but...

Published 28 Aug, 2022 06:10am

Markets

Commerzbank, helped by rates, swings to bigger-than-expected Q2 profit

FRANKFURT: Germany’s Commerzbank swung on Wednesday to a bigger-than-expected second-quarter net profit, helped by...

Published 03 Aug, 2022 11:26am

Markets

OPEC+ meeting to test Biden’s Saudi oil entreaty

VIENNA: The OPEC+ group of major oil exporters meets Wednesday to discuss its output strategy after US President Joe...

Published 03 Aug, 2022 09:37am

Markets

Germany’s Bund yield at 2-month lows as recession fears nag

LONDON: Germany’s benchmark 10-year bond yield fell to a two-month low on Tuesday, with concerns about a sharp...

Published 26 Jul, 2022 01:17pm

Markets

Industrial metals tumble as dollar rises and growth slows

LONDON: Industrial metals prices fell sharply on Thursday as markets braced for rapid interest rate rises that will...

Published 15 Jul, 2022 06:20am

Business & Finance

German lender Commerzbank says it will stay in Russia

FRANKFURT: Commerzbank, Germany’s second-biggest lender, said on Thursday it would not part ways with its Russian...

Published 12 May, 2022 06:59pm

Markets

European stocks fall

LONDON: European shares fell on Tuesday as Deutsche Bank and Commerzbank slumped after a big stake sale, while a US...

Published 13 Apr, 2022 06:03am

Markets

Oil soars as Russian energy supply fears intensify

NEW YORK: Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and blocked some Russian...

Published 01 Mar, 2022 05:34am

Markets

European stocks drop

PARIS: European shares fell on Thursday as heightened Russia-Ukraine tensions eclipsed a slew of encouraging ...

Published 18 Feb, 2022 04:31am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 8	277.70
USD PKR Interbank Buying / Oct 8	277.45
USD to Japanese Yen / Oct 8	148.02
USD to Swiss Franc / Oct 8	0.85
Pound Sterling to USD / Oct 8	1.31
Euro to USD / Oct 8	1.10

Stock	Volume
S&P 500 / Oct 8	5,695.94
India Sensex / Oct 8	81,561.53
Tokyo Nikkei / Oct 8	38,930.78
Nasdaq / Oct 8	17,923.91
Hang Seng / Oct 8	21,370.60
FTSE 100 / Oct 8	8,199.23
Dow Jones / Oct 8	41,954.24
Germany DAX 30 / Oct 8	18,976.93

Item	Value
Petrol/Litre / Oct 8	247.03
Crude Oil USD/Barrel / Oct 8	75.84
Karachi Cotton PKR/37.32 KG / Oct 8	18,485
Gold 10 Grams PKR / Oct 8	236,715.30
Gold Spot USD/Ounce / Oct 8	2,646.05
Diesel/Litre / Oct 8	246.29

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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