Trends - IPOs - Business Recorder

IPOs

Capital market: Investors show confidence as all IPOs oversubscribed

ISLAMABAD: Pakistani capital market has witnessed 10 Initial Public Offerings (IPOs), eight equity and two debt...

Published 23 May, 2022 06:55am

Markets

PIF-backed Saudi digital security firm Elm set to raise $818m in IPO

DUBAI: Saudi Arabian digital security firm Elm, owned by the kingdom’s sovereign wealth fund, is set to raise 3.07...

Published 31 Jan, 2022 07:10am

Markets

Geely's Volvo Cars sets IPO price range, seeking up to $23 billion valuation

The transaction, including expected converted investments by investors AMF and Folksam, was seen resulting in a free float of about 19.5% to 24.0%, Volvo says

Published 18 Oct, 2021 06:53pm

Markets

Online payments firm Stripe takes first step toward blockbuster listing

NEW YORK: Digital payments processor Stripe Inc, the most valuable US technology startup, has taken its first major...

Published 19 Jul, 2021 06:17am

Markets

Robinhood aims to allow users to buy into IPOs

NEW YORK: Robinhood Markets Inc is building a platform to “democratize” initial public offerings (IPOs),...

Published 29 Mar, 2021 06:05am

Business & Finance

SoFi to allow members to buy into IPOs

The move by SoFi comes a day after Reuters reported online brokerage Robinhood was building a platform to "democratize" IPOs, including its own, that would allow users of its trading app to snap up shares alongside Wall Street funds, according to people familiar with the matter.

Published 26 Mar, 2021 09:51pm

Markets

PSX Board urges Finance ministry, FBR to review proposed tax amendments

It was of the view that the capital markets in Pakistan are probably the most documented sector of the economy.

Published 25 Mar, 2021 03:56pm

Markets

Spain’s stock market supervisor expects record year for IPOs

MADRID: Spain’s stock market supervisor expects around six firms to debut on the Spanish exchange in 2021, which...

Published 22 Mar, 2021 04:18am

Markets

Spain's stock market supervisor expects record six IPOs in 2021

We could be speaking about half a dozen IPOs, which, if successful, would be the highest number since we have records at the commission.
"It's a positive phenomenon and great news for the Spanish market to have IPOs after two years with only two," he said.

Published 17 Mar, 2021 06:01pm

Markets

Three InterPrivate-backed SPACs aim to raise $650mn in IPOs

The special purpose acquisition companies (SPACs) said they would seek to take public companies with an enterprise value of $1 billion or more in the tech and financial services sectors.
One of InterPrivate's SPACs, InterPrivate Acquisition Corp , agreed to take public lidar sensor maker Aeva Inc, led by former Apple Inc engineers, through a merger in November last year.

Published 17 Feb, 2021 06:28pm

Markets

London market facing blockbuster IPO year

LONDON: London will enjoy a very strong year for stock market flotations, analysts say, arguing that both Brexit and...

Published 25 Jan, 2021 04:23am

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Sep 26 PICIC Insurance Limited(PIL)	1.04 ▲ 0.11 (11.83%)
U.D.L.Modaraba / Sep 26 First UDL Modaraba(FUDLM)	7.25 ▲ 0.75 (11.54%)
Al-Shaheer Corp / Sep 26 Al Shaheer Corporation Limited(ASC)	11.06 ▲ 1.00 (9.94%)
Bawany Air Products / Sep 26 Bawany Air Products Limited(BAPL)	11.78 ▲ 1.00 (9.28%)
TPL Trakker Ltd / Sep 26 TPL Trakker Limited(TPLT)	8.09 ▲ 0.64 (8.59%)
Media Times Ltd / Sep 26 Media Times Limited(MDTL)	2.12 ▲ 0.16 (8.16%)
Ghazi Fabrics / Sep 26 Ghazi Fabrics International Limited(GFIL)	5.20 ▲ 0.39 (8.11%)
ZIL Limited / Sep 26 ZIL Limited(ZIL)	129 ▲ 9.00 (7.50%)
MithchellsFruit / Sep 26 Mitchells Fruit Farms Limited(MFFL)	90.71 ▲ 6.32 (7.49%)
Pioneer Cement / Sep 26 Pioneer Cement Limited(PIOC)	68.50 ▲ 4.77 (7.48%)

Stock	Price
Samba Bank / Sep 26 Samba Bank Limited(SBL)	6.17 ▲ -0.82 (-11.73%)
First Elite Cap.Mod / Sep 26 First Elite Capital Modaraba(FECM)	3.30 ▲ -0.41 (-11.05%)
JS Investments / Sep 26 JS Investments Limited(JSIL)	9.51 ▲ -1.00 (-9.51%)
Safe Mix Con.Lt / Sep 26 Safe Mix Concrete Limited(SMCPL)	11.81 ▲ -0.99 (-7.73%)
AN Textile Mill / Sep 26 AN Textile Mills Limited(ANTM)	10.75 ▲ -0.75 (-6.52%)
Supernet Ltd. / Sep 26 Supernet Limited(GEMSPNL)	15 ▲ -1.00 (-6.25%)
United Dist. / Sep 26 United Distributors Pakistan Limited(UDPL)	31.30 ▲ -2.00 (-6.01%)
Punjab Oil / Sep 26 Punjab Oil Mills Limited(POML)	141.01 ▲ -8.99 (-5.99%)
Universal Network / Sep 26 Universal Network Systems Limited(GEMUNSL)	50 ▲ -3.08 (-5.80%)
Otsuka Pakistan / Sep 26 Otsuka Pakistan Limited(OTSU)	145 ▲ -8.53 (-5.56%)

Stock	Volume
TRG Pak Ltd / Sep 26 TRG Pakistan Limited(TRG)	26,788,159 ▼ 0.00
Cnergyico PK / Sep 26 Cnergyico PK Limited(CNERGY)	16,476,497 ▼ 0.00
Unity Foods Ltd / Sep 26 Unity Foods Limited(UNITY)	14,465,039 ▼ 0.00
K-Electric Ltd. / Sep 26 K-Electric Limited(KEL)	14,047,500 ▼ 0.00
WorldCall Telecom / Sep 26 Worldcall Telecom Limited(WTL)	10,663,000 ▼ 0.00
Maple Leaf Cement / Sep 26 Maple Leaf Cement Factory Limited(MLCF)	8,251,852 ▼ 0.00
Pak Refinery / Sep 26 Pakistan Refinery Limited(PRL)	7,975,685 ▼ 0.00
Fauji Cement / Sep 26 Fauji Cement Company Limited(FCCL)	7,319,500 ▼ 0.00
Hub Power Co. / Sep 26 The Hub Power Company Limited(HUBC)	5,500,359 ▼ 0.00
TPL Properties / Sep 26 TPL Properties Limited(TPLP)	5,173,650 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 26	237.11
USD PKR Interbank Buying / Sep 26	236.71
USD to Swiss Franc / Sep 23	0.98
USD to Japanese Yen / Sep 26	143.82
Pound Sterling to USD / Sep 26	1.06
Euro to USD / Sep 26	0.97
UK LIBOR % / Sep 22	2.32

Stock	Volume
S&P 500 / Sep 23	3693.23
India Sensex / Sep 23	58098.92
Nasdaq / Sep 23	10867.93
Dow Jones / Sep 23	29590.41
Tokyo Nikkei / Sep 26	26431.55
Hang Seng / Sep 26	17855.14
FTSE 100 / Sep 26	7039.64
Germany DAX 30 / Sep 26	12245.22
France CAC40 / Sep 26	5776.18

Item	Value
Crude Oil USD/Barrel / Sep 23	78.74
Karachi Cotton PKR/37.32 KG / Sep 23	22735
Gold 10 Grams PKR / Sep 23	131902
Cotton US¢/pound / Sep 23	92.54
Gold Spot USD/Ounce / Sep 26	1643.39