Trends - ICBC - Business Recorder

ICBC

Pakistan receives $500m from China’s ICBC bank

KARACHI: Pakistan has received a loan tranche from China of $500 million that will help the country shore up its...

Published 18 Mar, 2023 06:14am

Markets

Back-to-back gains: rupee settles at 281.71 against US dollar

Currency appreciates 0.25% in inter-bank market

Updated 17 Mar, 2023 07:22pm

Business & Finance

Documentation for ICBC-backed $500m disbursement complete: Dar

ISLAMABAD: Finance Minister Ishaq Dar has stated that documentation for second disbursement of US 500 million ...

Published 17 Mar, 2023 06:15am

Pakistan

Documentation for ICBC’s second $500mn disbursement complete: Dar

Earlier this month, Pakistan’s central bank received $500 million from China’s ICBC, the first of three disbursements that were approved for rollover

Updated 16 Mar, 2023 05:23pm

Pakistan

Pakistan's ex finance chief Miftah warns against any kind of debt restructuring

Difficult task to get China and the West to sit on one table for such an endeavour, he says

Updated 16 Mar, 2023 09:46am

Business & Finance

Forex reserves up $487m on Chinese inflows

KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) further rose by $487 million during...

Published 10 Mar, 2023 03:46am

Markets

On back of another Chinese loan, SBP-held forex reserves increase $487mn, now stand at $4.3bn

This is the fourth successive increase in central bank-held reserves on weekly basis

Updated 09 Mar, 2023 09:33pm

Markets

Marginal gain: rupee settles at 277.87 against US dollar

Currency records appreciation of 0.02% in inter-bank market

Updated 07 Mar, 2023 09:23pm

Business & Finance

Pakistan receives $500m financing from Chinese bank

ISLAMABAD: Pakistan has received $500 million from the Industrial and Commercial Bank of China Ltd (ICBC), Federal...

Published 05 Mar, 2023 03:36am

Markets

SBP receives $500mn from ICBC: Ishaq Dar

Finance minister had earlier said that ICBC has rolled over $1.3bn-facility, reiterated that Pakistan will not default

Updated 04 Mar, 2023 01:36pm

Business & Finance

‘Gwadar plants on Thar coal’: Two Chinese loans to be confirmed soon

ISLAMABAD: China has reaffirmed strong resolve to extend financial support to Pakistan including early confirmation...

Updated 19 Jan, 2023 08:39am

Business & Finance

Banks divert gold supply from India to China, Turkey

MUMBAI: Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on...

Updated 05 Oct, 2022 09:50am

Business & Finance

OICCI, ICBC Pakistan hold webinar on RMB

KARACHI: To facilitate local markets understanding and utilization of RMB, and further in the light of some interest...

Published 29 Jun, 2022 05:44am

Markets

China approves ICBC-Goldman JV to start offering wealth services

Industrial and Commercial Bank of China (ICBC) said on Friday its wealth management joint venture with Goldman Sachs...

Published 24 Jun, 2022 06:13pm

Using RMB/PKR in bilateral trade: PM directs SBP to hold meetings with Chinese banks

Finance Division has been directed to take immediate measures to address the liquidity issues of CPEC IPPs

Updated 06 Jun, 2022 09:42am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 30 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 30 Al-Abbas Sugar Mills Limited(AABS)	369.51 ▼ 0.00 (0.00%)
Agro Allianz / Mar 30 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 30 Allied Bank Limited(ABL)	61.80 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 30 Abbott Laboratories (Pakistan) Limited(ABOT)	391.78 ▼ 0.00 (0.00%)
Abson Ind. / Mar 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 30 Alfalah Consumer Index ETF.(ACIETF)	6.46 ▼ 0.00 (0.00%)
Attock Cement / Mar 30 Attock Cement Pakistan Limited(ACPL)	57.23 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 30 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 30 Al-Abbas Sugar Mills Limited(AABS)	369.51 ▲ 0.00 (0.00%)
Agro Allianz / Mar 30 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 30 Allied Bank Limited(ABL)	61.80 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 30 Abbott Laboratories (Pakistan) Limited(ABOT)	391.78 ▲ 0.00 (0.00%)
Abson Ind. / Mar 30 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 30 Alfalah Consumer Index ETF.(ACIETF)	6.46 ▲ 0.00 (0.00%)
Attock Cement / Mar 30 Attock Cement Pakistan Limited(ACPL)	57.23 ▲ 0.00 (0.00%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▲ 0.00
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.00
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.00
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.00
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.00
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▲ 0.00
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	4,048,000 ▲ 0.00
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	2,763,500 ▲ 0.00
Dewan Motors / Mar 30 Dewan Farooque Motors Limited(DFML)	2,540,000 ▲ 0.00
Hascol Petrol / Mar 30 Hascol Petroleum Limited(HASCOL)	2,081,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 29	285.90
USD PKR Interbank Buying / Mar 29	283.90
USD to Japanese Yen / Mar 29	131.67
USD to Swiss Franc / Mar 29	0.92
Pound Sterling to USD / Mar 29	1.23
Euro to USD / Mar 29	1.08
UK LIBOR % / Mar 28	4.81

Stock	Volume
S&P 500 / Mar 28	3971.27
Nasdaq / Mar 28	11716.08
Dow Jones / Mar 28	32394.25
India Sensex / Mar 29	57960.09
Tokyo Nikkei / Mar 29	27883.78
Hang Seng / Mar 29	20191.68
FTSE 100 / Mar 29	7506.30
Germany DAX 30 / Mar 29	15242.54
France CAC40 / Mar 29	7139.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 28	18935
Gold 10 Grams PKR / Mar 28	175411
Crude Oil USD/Barrel / Mar 29	73.63
Gold Spot USD/Ounce / Mar 29	1966.74
Cotton US¢/pound / Mar 29	82

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