Trends - PSMC - Business Recorder

PSMC

Suzuki Motor’s major shareholder offers to buy 26.91pc minority shares

KARACHI: Suzuki Motor Corporation, Japan, the majority shareholder has proposed to purchase 22,145,760 ordinary...

Published 05 Dec, 2023 03:01am

Business & Finance

Automakers continue to shut production amid falling demand, raw material shortage

Amid a decline in demand and the inability to procure much-needed raw material, various companies in the auto sector...

Updated 01 Dec, 2023 06:06pm

Business & Finance

Pak Suzuki announces yet another shutdown of automobile plant

Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant amid...

Updated 08 Nov, 2023 03:05pm

BR Research

Autos: Never say never

After a colossal 40 percent reduction in vehicle sales in the first quarter year on year, automobile assemblers are...

Published 02 Nov, 2023 09:24am

Business & Finance

Automakers in Pakistan announce temporary shutdowns as economic woes bite

Pak Suzuki Motor Company announces another shutdown of automobile plants
Agriauto Industries says it will observe a partial shutdown

Updated 01 Nov, 2023 04:35pm

Business & Finance

PSMC has not yet announced reduction in Suzuki car prices: spokesperson

Pak Suzuki Motor Company Limited (PSMC) has not announced a reduction in prices at present, its spokesperson...

Published 26 Oct, 2023 06:38pm

Business & Finance

Pak Suzuki announces yet another shutdown of automobile, motorcycle plants

Pak Suzuki Motor Company (PSMC) announced on Tuesday another temporary shutdown of its automobile and motorcycle...

Updated 24 Oct, 2023 05:30pm

Business & Finance

PSMC announces shutdown of automobile plant

Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant. In its...

Updated 18 Oct, 2023 05:50pm

Planned PSMC sell-off: PC asked to scrap bidding process

Secretary Industries and Production and Secretary Privatisation have been directed that further alienation of PSMC land be stopped forthwith

Updated 18 Oct, 2023 09:55am

Business & Finance

Pak Suzuki set to consider delisting from PSX, share price hits upper-limit

Board meeting on Oct 19 to review and consider majority shareholder’s intent to purchase all outstanding shares and de-listing under Rule 5.14.1. of listing regulations

Updated 12 Oct, 2023 10:51pm

Business & Finance

Pak Suzuki extends shutdown of motorcycle plant

Pak Suzuki Motor Company (PSMC) announced on Thursday that it will extend the shutdown of its motorcycle plant till...

Published 14 Sep, 2023 10:53am

BR Research

Suzuki: Glorious return

Looks like all that idle time of non-production worked out just fine for the automobile giant, Pakistan Suzuki (PSX:...

Published 28 Aug, 2023 08:44am

Markets

Pak Suzuki bleeds Rs9.68bn as losses in 6MCY23 as finance costs soar

Company remained non-operational through much of the period, as it faced inventory shortages

Updated 25 Aug, 2023 03:54pm

Pakistan

For Pakistan’s consumers and industries, economic woes are far from over

Pakistan’s last-minute deal with the International Monetary Fund (IMF) has given Islamabad some breathing room as...

Published 18 Aug, 2023 05:56pm

Business & Finance

Pak Suzuki announces another motorcycle plant shutdown

Cites shortage of inventory level as reason

Updated 18 Aug, 2023 07:37pm

Business & Finance

Pak Suzuki halts motorcycle production till Aug 15

Pak Suzuki Motor Company Limited (PSMC), the assembler of Suzuki automobiles in the country, has announced a 16-day...

Updated 31 Jul, 2023 06:46pm

BR Research

The rich and the resilient

Pricier cars becoming more uneconomical, mounting cost of borrowing at prevailing kibor rates close to 23 percent,...

Updated 13 Jul, 2023 10:11am

Business & Finance

Pak Suzuki extends automobile, motorcycle plant shutdown till July 19

Pak Suzuki Motor Company (PSMC) has decided to extend the shutdown of its automobile and motorcycle plant till July...

Updated 07 Jul, 2023 08:34pm

BR Research

Summertime madness

This week the Japanese assembler of Suzuki vehicles in Pakistan, Pak Suzuki (PSX: PSMC) announced it would keep both...

Published 23 Jun, 2023 09:44am

Pakistan

Pak Suzuki extends shutdown of motorcycle plant till June 16

Pak Suzuki Motor Company (PSMC) has announced it will extend the shutdown of its motorcycle plant until June 16,...

Updated 13 Jun, 2023 03:49pm

Business & Finance

Pak Suzuki shuts motorcycle plant till June 10

Decision made due to government import restrictions that have affected the auto sector, causing a shortage of inventory

Updated 23 May, 2023 06:55pm

BR Research

Suzuki: Damage control

The first quarter of the calendar year for Pakistan Suzuki (PSX: PSMC) has been a shocker—a loss of Rs12.9...

Published 23 May, 2023 08:46am

BR Research

Autos: Head-on collision

While March numbers would give pause and indicate there may still be ample demand in the market for newly assembled...

Published 11 May, 2023 09:01am

Business & Finance

Pak Suzuki announces another shutdown, automobile, motorcycle plant to stay closed till May 9

Pak Suzuki Motor Company (PSMC) has once again announced that it will shut its automobile and motorcycle plant until...

Published 26 Apr, 2023 04:31pm

Business & Finance

Pak Suzuki appoints Hiroshi Kawamaru as new managing director

Development comes days after PSMC recorded its highest-ever quarterly loss of Rs12.9 billion

Published 20 Apr, 2023 02:02pm

BR Research

Suzuki skids to a stop?

Pakistan Suzuki (PSX: PSMC) has had plenty of idle time on its hands, however vexing that may be, owing to massive...

Published 19 Apr, 2023 08:32am

Business & Finance

Pak Suzuki Motor Company records highest ever quarterly loss of Rs12.9bn

Experts attribute loss to plunge in sales and currency depreciation

Published 18 Apr, 2023 03:39pm

Markets

Pak Suzuki raises motorcycle prices by up to Rs50,000

New rates applicable from April 7

Published 07 Apr, 2023 11:36pm

Business & Finance

Pak Suzuki jacks up its car prices for a fourth time in 2023

Its cheapest model, the Alto VX, is now priced at Rs2.251mn, while its high-end Swift variant is now at Rs4.96mn

Published 05 Apr, 2023 04:54pm

Business & Finance

Pak Suzuki announces further plant shutdowns

Cites inventory shortage as reason

Updated 03 Apr, 2023 05:33pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 6 786 Investments Limited(786)	5.87 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 6 Al-Abbas Sugar Mills Limited(AABS)	518.38 ▼ 0.00 (0.00%)
Agro Allianz / Dec 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 6 Allied Bank Limited(ABL)	84.74 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 6 Abbott Laboratories (Pakistan) Limited(ABOT)	480 ▼ 0.00 (0.00%)
Abson Ind. / Dec 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 6 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 6 Attock Cement Pakistan Limited(ACPL)	103.28 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 6 786 Investments Limited(786)	5.87 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 6 Al-Abbas Sugar Mills Limited(AABS)	518.38 ▲ 0.00 (0.00%)
Agro Allianz / Dec 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 6 Allied Bank Limited(ABL)	84.74 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 6 Abbott Laboratories (Pakistan) Limited(ABOT)	480 ▲ 0.00 (0.00%)
Abson Ind. / Dec 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 6 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 6 Attock Cement Pakistan Limited(ACPL)	103.28 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Dec 6 Cnergyico PK Limited(CNERGY)	82,309,654 ▲ 0.00
Pak Refinery / Dec 6 Pakistan Refinery Limited(PRL)	53,701,236 ▲ 0.00
Fauji Foods Ltd / Dec 6 Fauji Foods Limited(FFL)	37,662,460 ▲ 0.00
P.T.C.L. / Dec 6 Pakistan Telecommunication Company Ltd(PTC)	36,098,500 ▲ 0.00
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	31,493,000 ▲ 0.00
Oil & Gas Dev. / Dec 6 Oil & Gas Development Company Limited(OGDC)	31,154,943 ▲ 0.00
Pak Petroleum / Dec 6 Pakistan Petroleum Limited(PPL)	26,934,622 ▲ 0.00
Fauji Cement / Dec 6 Fauji Cement Company Limited(FCCL)	23,813,500 ▲ 0.00
WorldCall Telecom / Dec 6 Worldcall Telecom Limited(WTL)	21,786,544 ▲ 0.00
National Bank / Dec 6 National Bank of Pakistan(NBP)	16,987,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 5	284.60
USD PKR Interbank Buying / Dec 5	284.20
USD to Japanese Yen / Dec 6	147.26
USD to Swiss Franc / Dec 6	0.87
Pound Sterling to USD / Dec 6	1.26
Euro to USD / Dec 6	1.08
UK LIBOR % / Dec 5	5.46

Stock	Volume
S&P 500 / Dec 5	4567.18
Nasdaq / Dec 5	14229.91
FTSE 100 / Dec 5	7489.84
Dow Jones / Dec 5	36124.56
Germany DAX 30 / Dec 5	16533.11
France CAC40 / Dec 5	7386.99
India Sensex / Dec 6	69555.66
Tokyo Nikkei / Dec 6	33339.26
Hang Seng / Dec 6	16427.53

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 5	17235
Gold 10 Grams PKR / Dec 5	189043
Crude Oil USD/Barrel / Dec 6	72.27
Gold Spot USD/Ounce / Dec 6	2021.37
Cotton US¢/pound / Dec 6	80.12

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