Topic

FDIC

US bank profits jump 11% in second quarter of 2024 as expenses shrink

Published 05 Sep, 2024 07:24pm

WASHINGTON: The U.S. banking industry recorded profits of $71.5 billion in the second quarter of 2024, up 11.4% on...

Published 08 Mar, 2024 03:14am

WASHINGTON: The US banking sector saw its profits drop by nearly half in the last quarter of 2024, as large firms...

Updated 22 Jan, 2024 10:52pm

Published 06 May, 2023 06:23am

EDITORIAL: The market has clearly rejected the rhetoric that problems at SVB (Silicon Valley Bank), Signature Bank...

Published 29 Mar, 2023 06:21pm

The Federal Deposit Insurance Corp (FDIC) has hired Newmark Group Inc to sell about $60 billion of Signature Bank...

Published 16 Mar, 2023 07:48pm

Regulators at the US Federal Deposit Insurance Corp (FDIC) have asked banks interested in acquiring failed lenders...

Published 13 Mar, 2023 06:15am

WASHINGTON: US Treasury Secretary Janet Yellen on Sunday said the government wanted to avoid financial...

Published 11 Mar, 2023 01:52pm

Startup-focused lender SVB Financial Group became the largest bank to fail since the 2008 financial crisis on...

Published 10 Mar, 2023 11:04pm

California banking regulators on Friday closed SVB Financial Group, the largest bank failure since the financial...

Published 24 May, 2022 07:34pm

WASHINGTON: U.S. bank profits dropped 6.5% in the first quarter of 2022 to $59.7 billion, as larger firms grew their...

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Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Universal Ins. / Jun 4 The Universal Insurance Company Limited(UVIC)	25.59 ▲ 2.33 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.62 ▲ 6.6 (10%)
Allawasaya Tex / Jun 4 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,707.26 ▲ 155.21 (10%)
Nets Internat.Comm. / Jun 4 Nets International Communication Limited(GEMNETS)	27.95 ▲ 2.54 (10%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	21.16 ▲ 1.92 (9.98%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.37 ▲ 1 (9.64%)

Stock	Price
Popular Islamic / Jun 4 Popular Islamic Modaraba(PIM)	21.61 ▼ -1.96 (-8.32%)
Khairpur Sug. / Jun 4 Khairpur Sugar Mills Limited(KPUS)	2,016 ▼ -148.61 (-6.87%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	80 ▼ -5.11 (-6%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	77.72 ▼ -4.76 (-5.77%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.40 ▼ -2.48 (-4.97%)
Diamond Ind. / Jun 4 Diamond Industries Limited(DIIL)	68.51 ▼ -2.97 (-4.16%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39.90 ▼ -1.71 (-4.11%)
Paramount Spinning / Jun 4 Paramount Spinning Mills Limited(PASM)	6.46 ▼ -0.25 (-3.73%)
Hala Enterprise / Jun 4 Hala Enterprises Limited(HAEL)	22.63 ▼ -0.76 (-3.25%)
Mandviwala / Jun 4 Mandviwala Mauser Plastic Industries(MWMP)	68.50 ▼ -2.22 (-3.14%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	42,550,338 ▲ 0.2
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	11,923,173 ▲ 0.35
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	11,214,928 ▲ 2.27
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	9,309,017 ▲ 0.48
Telecard Limited / Jun 4 Telecard Limited(TELE)	8,257,366 ▲ 0.47
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	7,401,930 ▲ 0.16
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	7,316,198 ▲ 1.59
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	7,228,520 ▲ 0.41
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	5,678,043 ▲ 0.43
Interloop Ltd. / Jun 4 Interloop Limited(ILP)	4,127,611 ▲ 1.77