Topic

Santander

European stocks rebound from selloff driven by war fears

Published 05 Mar, 2026 05:31am

FRANKFURT: European shares rebounded on Wednesday from the previous day’s bruising selloff, as investor fears over...

Santander Brasil’s net profit up in Q1 despite ‘challenging’ macro scenario

Published 30 Apr, 2025 05:02pm

SAO PAULO: Lender Santander Brasil on Wednesday reported a 27.8% year-on-year rise in its first-quarter net profit,...

Santander lifts outlook after record first half profit

Published 25 Jul, 2024 07:08am

MADRID: Spanish banking giant Santander lifted its outlook for 2024 on Wednesday after posting a record first-half...

Spain’s Santander Q1 net profit rises 1% vs same period a year ago

Published 25 Apr, 2023 10:31am

MADRID: Spain’s Santander on Tuesday said its net profit in the first quarter rose 1% compared to the same period of...

Santander bank posts record profit as rates rise

Published 02 Feb, 2023 05:31pm

MADRID: Spanish banking giant Banco Santander reported on Thursday record profits for 2022, becoming the latest...

Santander to block UK transfers to crypto exchanges in 2023

Published 04 Nov, 2022 08:41pm

LONDON: Santander will block UK customers from sending real-time payments to cryptocurrency exchanges next year as...

Santander profits soar to pre-pandemic levels

Published 02 Feb, 2022 05:59pm

MADRID: Spanish banking giant Santander bounced back from the pandemic as it returned to profit last year, beating...

Santander to pay Italy top banker $76m for job U-turn

Published 13 Dec, 2021 06:45am

MADRID: Spanish bank Santander was on Friday ordered to pay almost 68 million euros ($76 million) to Italy’s ...

Santander's Q3 net profit rises 24% y/y on US and UK markets

Published 27 Oct, 2021 10:49am

MADRID: Spain's Santander on Wednesday said its net profit in the third quarter rose 24% against the same period of...

Santander US holding to buy 20pc of US consumer unit for $2.5bn

Published 25 Aug, 2021 04:43am

MADRID: Santander's US business is to buy the minority stake in its U.S. consumer unit it does not already own for...

Santander to pump up payments business in bid to boost valuation

Published 20 May, 2021 09:25pm

Expects payments unit revenue to hit 1 bln euros.
Chairman Botin says may list PagoNxt, no plans now.
Looking at small acquisitions.

Santander says technical difficulties affecting UK customers

Published 15 May, 2021 07:08pm

The bank has 14 million customers in Britain and said in a statement on Twitter it was working hard to fix the problem.
"You can access cash from other bank's ATMs and at the Post Office."

Santander's asset management arm to launch trade finance fund

Published 08 Apr, 2021 08:10pm

The fund - aimed at institutional and accredited investors - will primarily buy assets created by the banking group's trade finance business in transactions with its large corporate clients, the sources said.
The recent collapse of British supply chain finance company Greensill, however, has raised investor concerns on some of the risks involved and in some cases, the sector's lack of transparency.

Brazil health crisis forces Santander into office retreat

Published 26 Mar, 2021 08:01pm

Santander Brasil's retreat is the latest sign of tension between a corporate eagerness to re-open offices and the growing risk of contagion as Brazil's COVID-19 crisis worsens.
"There are no hospital beds left, so banks are sending workers back home," Ivone Silva, head of the bank workers' union in the Sao Paulo region said.

Aviva pushes back bid deadline for Polish unit over Santander contract

Published 24 Feb, 2021 09:25pm

Germany's Allianz is also in the race after missing out on Aviva's French business, which was snapped up by mutual insurer Aema Groupe for 3.2 billion euros on Tuesday, the sources said.
Aviva, which initially requested binding offers by Feb. 26, needs more time to renegotiate a bancassurance partnership in Poland with Santander, the sources said.

Virus pushes Santander into massive annual loss

Published 03 Feb, 2021 05:40pm

Santander reached an agreement with unions in December to cut almost 3,600 jobs and close over 1,000 branches in its home market Spain.

Bank of England set to wait for end to Brexit stand-off

Published 17 Dec, 2020 10:55am

The BoE's bond-buying programme is widely seen as its most likely weapon should it need to return to the stimulus pumps.

Santander plans to cut 4,000 jobs and up to 1,000 branches in Spain

Published 13 Nov, 2020 07:14pm

The sources said another 1,000 staff would move on to different jobs within its Spanish branches.
Banks across Europe are struggling to cope with record low interest rates.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81
Hang Seng / Jul 20	25,069.85

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 20	316.15
Diesel/Litre / Jul 20	354.35

Gainers
Losers
Leaders

Stock	Price
Asia Ins. / Jul 20 Asia Insurance Company Limited(ASIC)	37.90 ▲ 3.45 (10.01%)
TPL Insurance / Jul 20 TPL Insurance Limited(TPLI)	64.08 ▲ 5.83 (10.01%)
Baba Farid Sugar / Jul 20 Baba Farid Sugar Mills Limited(BAFS)	460.42 ▲ 41.86 (10%)
Crescent Cotton / Jul 20 Crescent Cotton Mills Limited(CCM)	59.05 ▲ 5.37 (10%)
Suhail Jute / Jul 20 Suhail Jute Mills Limited(SUHJ)	246.36 ▲ 22.4 (10%)
Husein Industries / Jul 20 Husein Industries Limited(HUSI)	55 ▲ 5 (10%)
Int. Knit. / Jul 20 International Knitwear Limited(INKL)	99.50 ▲ 8.78 (9.68%)
Dadabhoy Cement / Jul 20 Dadabhoy Cement Industries Limited(DBCI)	18.58 ▲ 1.57 (9.23%)
Agritech Non-voting / Jul 20 Agritech Non-Voting Preference(AGLNCPS)	43 ▲ 3 (7.5%)
Shams Textile / Jul 20 Shams Textile Mills Limited(STML)	62.14 ▲ 3.97 (6.82%)

Stock	Price
Khairpur Sug. / Jul 20 Khairpur Sugar Mills Limited(KPUS)	1,684.32 ▼ -187.15 (-10%)
S.G.Power / Jul 20 S.G. Power Limited(SGPL)	87.83 ▼ -9.76 (-10%)
Service Textile / Jul 20 Service Industries Textiles Limited(SERT)	56.05 ▼ -6.22 (-9.99%)
Nadeem Tex. / Jul 20 Nadeem Textile Mills Limited(NATM)	77 ▼ -8.16 (-9.58%)
J.K.Spinning / Jul 20 J.K. Spinning Mills Limited(JKSM)	190.06 ▼ -19.94 (-9.5%)
Arpak Int. / Jul 20 Arpak International Investments Ltd.(ARPAK)	132 ▼ -12.01 (-8.34%)
Elahi Cotton / Jul 20 Elahi Cotton Mills Limited(ELCM)	216.70 ▼ -19.39 (-8.21%)
Imperial Limited / Jul 20 Imperial Limited(IML)	20.70 ▼ -1.81 (-8.04%)
Aisha Steel(ConPS) / Jul 20 Aisha Steel(ConPS)(ASLPS)	20.51 ▼ -1.78 (-7.99%)
Cresent Jute / Jul 20 Crescent Jute Products Limited(CJPL)	19.60 ▼ -1.68 (-7.89%)

Stock	Volume
Cnergyico PK / Jul 20 Cnergyico PK Limited(CNERGY)	22,759,662 ▲ 0.18
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	14,368,351 ▲ 3.03
WorldCall Telecom / Jul 20 Worldcall Telecom Limited(WTL)	6,253,578 ▼ -0.02
K-Electric Ltd. / Jul 20 K-Electric Limited(KEL)	6,219,743 ▼ -0.15
B.O.Punjab / Jul 20 The Bank of Punjab(BOP)	5,817,066 ▼ -0.48
TPL Properties / Jul 20 TPL Properties Limited(TPLP)	5,367,185 ▼ -0.05
Lotte Chemical / Jul 20 Lotte Chemical Pakistan Limited(LOTCHEM)	3,689,321 ▼ -0.31
Pak Stock Exchange / Jul 20 Pakistan Stock Exchange Limited(PSX)	3,336,086 ▼ -1.35
F. Nat.Equities / Jul 20 First National Equities Limited(FNEL)	3,000,872 ▲ 0
Maple Leaf Cement / Jul 20 Maple Leaf Cement Factory Limited(MLCF)	2,932,552 ▼ -2.1

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