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Societe Generale

Dollar rises to 13-month high

Published 24 Jun, 2026 05:52am

NEW YORK: The US dollar rose to its highest level in more than a year on Tuesday as markets adjusted expectations...

FDI in Pakistan: some misconceptions

Published 02 May, 2026 06:16am

The writer of this article has spent over 40 years in the accounting firm that, at one time, was almost the sole...

Asian FX slide towards weekly losses

Published 27 Apr, 2026 04:21am

BENGALURU: Most Asian currencies were set for weekly losses on Friday, with the Philippine peso drifting to its...

Emerging economies’ record debt spree slumps into a freeze as war rocks markets

Published 28 Mar, 2026 04:28am

LONDON: A record start to the year for emerging-market debt sales has largely ground to a halt as worries over the...

European shares rise as banks, healthcare rally; investors weigh geopolitics, AI impact

Published 18 Feb, 2026 05:55am

FRANKFURT: European shares closed higher on Tuesday as financials and healthcare stocks led the market rally, while...

Societe Generale to cut 1,800 jobs in France

Published 22 Jan, 2026 01:34pm

The job cuts are expected to happen throughout 2026 and 2027, Societe Generale said in a press release

Dollar falls broadly; euro, sterling recovers

Published 20 Jan, 2026 06:03am

LONDON: The dollar dipped on Monday as investors flocked to safe havens like the Swiss franc, after US President...

Gold cracks USD4,600/oz as Fed uncertainty fans safe-haven rush

Published 13 Jan, 2026 05:36am

NEW YORK: Gold hit a record above USD4,600 per ounce on Monday and silver reached a fresh peak as investors piled...

SocGen profit jumps 11pc as CEO steps up cost-cutting drive

Published 31 Oct, 2025 06:22am

PARIS: Societe Generale reported a forecast-beating 11 percent jump in third-quarter profit on Thursday, as CEO...

SocGen lifts targets after French retail rebounds sharply

Published 31 Jul, 2025 11:16am

PARIS: Societe Generale, France’s third-largest listed bank, raised its annual profit target on Thursday after a...

Societe Generale becomes first major bank to launch dollar-pegged stablecoin

Published 10 Jun, 2025 05:39pm

PARIS: France’s Societe Generale said on Tuesday it plans to launch a publicly tradable, dollar-backed stablecoin...

Indian rupee poised for some relief on softer dollar, portfolio flows

Published 25 Nov, 2024 10:53am

MUMBAI: The Indian rupee may log mild gains on Monday helped by a pullback in the US dollar and portfolio inflows on...

Indian rupee to gauge trimmed bets of jumbo Fed cut; US inflation data in focus

Published 27 Sep, 2024 10:49am

MUMBAI: The Indian rupee is likely to open little changed on Friday as traders gauge the pullback in odds of another...

Societe Generale to sell a majority stake in Guinean unit

Published 20 Sep, 2024 02:06pm

French bank Societe Generale said on Friday it had reached a deal with Atlantic Financial Group for the sale of a...

Societe Generale to sell two units to Swiss bank UBP for 900mn euros

Published 05 Aug, 2024 11:43am

PARIS: French banking giant Societe Generale said Monday it was selling two subsidiaries – one in Britain and the...

France’s Societe Generale to buy 75% stake in energy-focused investment firm Reed Management

Published 31 Jul, 2024 12:16pm

PARIS: French bank Societe Generale said on Wednesday it had agreed to buy a 75% stake in Reed Management, an...

French bank Societe Generale to cut 900 jobs

Published 05 Feb, 2024 01:52pm

PARIS: French banking group Societe Generale announced plans on Monday to slash around 900 jobs at its head office...

Putin clears Rosbank’s purchase of Societe Generale’s Russian assets

Published 25 Dec, 2023 05:42am

MOSCOW: Russian President Vladimir Putin on Sunday signed a decree clearing the way for Rosbank to purchase stakes ...

SocGen’s new boss vows to cut costs to boost profits by 2026

Published 18 Sep, 2023 12:16pm

LONDON: Societe Generale’s new CEO pledged on Monday to cut costs to boost profits by 2026, in a keenly-awaited plan...

Russian gold shipments to the UAE, China and Turkiye

Published 25 May, 2023 01:12pm

LONDON: The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine...

SocGen pulled out of NextDecade LNG project

Published 30 Mar, 2023 06:35am

PARIS: Societe Generale pulled out of Texas-based energy company NextDecade’s Rio Grande Liquefied Natural Gas...

Global bank shares sink over US fears

Published 10 Mar, 2023 03:31pm

PARIS: The world’s biggest banks took a stock market beating on Friday as signs of trouble at a US regional lender...

US yields rise as interest rates seen moving higher

Published 17 Oct, 2022 05:57am

NEW YORK: Treasury yields on Friday edged higher after a red-hot US inflation report the prior day raised market...

SocGen posts better than expected Q2 loss after Russia sale

Published 03 Aug, 2022 10:08am

PARIS: French bank Societe Generale posted a better-than-expected loss of 1.48 billion euros ($1.51 billion) in the...

Sterling steadies but declines against dollar

Published 16 May, 2022 05:42am

LONDON: Britain’s pound steadied against the dollar on Friday, although it was set for a fourth consecutive week ...

Turkish lira hits weakest level since mid-December

Published 10 May, 2022 05:10am

ISTANBUL: The Turkish lira slipped 0.8% on Monday and broke beyond 15 to the dollar for the first time since ...

SocGen boosts income but costs of Ukraine war rise

Published 09 May, 2022 05:39am

PARIS: French lender Societe Generale beat first-quarter earnings expectations on Thursday but booked higher...

French bank Societe Generale to sell Russia unit to oligarch

Published 12 Apr, 2022 05:17am

PARIS: French banking group Societe Generale said Monday it was ceasing activities in Russia and selling its Rosbank...

Nike, IKEA close Russian stores as sanctions, trade restrictions bite

Published 04 Mar, 2022 04:11pm

Sneaker maker Nike and home furnishings firm IKEA shut down stores in Russia on Thursday, as trade restrictions and...

SocGen could be stripped of Russia arm in 'extreme scenario'

Published 03 Mar, 2022 02:17pm

PARIS/FRANKFURT: Societe Generale can see an "extreme scenario" where Russia strips the bank of its local ...

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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
Hang Seng / Jul 17	24,562.24
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

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 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

Societe Generale

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