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US IPO

EV maker Vinfast files for US IPO

BENGALURU: Vietnam-based electric-vehicle maker VinFast said on Tuesday it has filed for an initial public offering...

Published 12 Dec, 2022 06:07am

World

New York exit: Didi bows to regulatory pressure for US delisting

HONG KONG: Just five months after its debut, ride-hailing giant Didi Global said it plans to withdraw from the New...

Published 04 Dec, 2021 04:23am

Markets

Coding platform GitLab reveals surge in growth in US IPO filing

NEW YORK: GitLab Inc, a coding platform backed by the likes of ICONIQ Capital and Khosla Ventures, revealed rapid...

Published 20 Sep, 2021 05:23am

Business & Finance

Visa-backed payments firm Conductor readies US IPO

SAO PAULO: Brazilian payments firm Conductor has hired banks for an initial public offering in the United States ...

Published 02 Aug, 2021 06:02am

Markets

China’s Didi adds banks to work on mega US IPO

HONG KONG: China’s biggest ride-hailing company Didi Chuxing has appointed five more investment banks to work as...

Published 21 Jun, 2021 03:43am

Business & Finance

Software firm SUSE seeks valuation of nearly $7 billion in IPO

IPO price range set at 29-34 euros/share.
Seeks proceeds of around 1 billion euros.
SUSE to issue shares to pay down debt.
Swedish investor EQT doubles its money in three years.

Published 05 May, 2021 06:31pm

Markets

Vingroup eyes $60 bln valuation for car unit in potential US IPO

*Vingroup, which was founded in 1993 in Ukraine, is working with Credit Suisse Hong Kong for the potential offering on the New York Stock Exchange, the sources said. * VinFast became Vietnam's first fully fledged domestic car manufacturer when its first gasoline-powered models built under its own badge hit the streets in 2019.

Published 12 Apr, 2021 06:20pm

Markets

Self-driving truck startup TuSimple eyes over $8bn valuation in US IPO

The company said it aims to raise about $1.3 billion in its offering by selling around 34 million shares at a price range between $35 and $39 apiece.
TuSimple is the third company to announce plans to raise more than $1 billion through share sales on Wednesday, as companies continue to tap into the red-hot US IPO market.

Published 07 Apr, 2021 06:24pm

Markets

Bank software provider Alkami aims for over $2bn valuation in US IPO

The company said it was looking to raise as much as $150 million by selling 6 million shares at a price range of $22 to $25 per share.
Backed by investors including General Atlantic and D1 Capital, Alkami supplies cloud-based platforms that banks and credit unions can use to set up digital offerings for their retail and business customers.

Published 05 Apr, 2021 06:44pm

Markets

Didi leans towards NY for IPO, eyes valuation of at least $100bn

HONG KONG: China’s top ride-hailing firm Didi Chuxing is leaning toward picking New York over Hong Kong for its...

Published 29 Mar, 2021 06:05am

Markets

KKR-backed SPAC raises $1.2bn in US IPO

The special purpose acquisition company (SPAC) said it sold 120 million units, up from the 100 million units it had marketed earlier, at $10 each.
The units are expected to begin trading on the New York Stock Exchange under the symbol "KAHC.U" on Wednesday.

Published 17 Mar, 2021 06:08pm

Markets

Cloud computing firm DigitalOcean aims for nearly $5bn valuation in US IPO

The company is looking to raise as much as $775.5 million through an offering of 16.5 million shares, priced between $44 and $47 apiece, according to a regulatory filing.
DigitalOcean provides its cloud platform and tools to developers, startups and small- and medium-sized businesses and has over 570,000 customers in more than 185 countries.

Updated 15 Mar, 2021 09:28pm

Markets

Dating app Bumble aims for nearly $6bn valuation in US IPO

The company, in a regulatory filing on Tuesday, said it would sell about 34.5 million shares, raising over $1 billion at the upper end of the price range.
Bumble was founded in 2014 by Whitney Wolfe Herd, who was also one of the founders of rival app Tinder.

Published 02 Feb, 2021 06:53pm

Gainers
Losers
Leaders

Stock	Price
F. Nat.Equities / Dec 4 First National Equities Limited(FNEL)	6.28 ▲ 1.00 (18.94%)
First Elite Cap.Mod / Dec 4 First Elite Capital Modaraba(FECM)	3.25 ▲ 0.50 (18.18%)
Universal Ins. / Dec 4 The Universal Insurance Company Limited(UVIC)	7.15 ▲ 1.00 (16.26%)
Aisha Steel(ConPS) / Dec 4 Aisha Steel(ConPS)(ASLPS)	8 ▲ 0.85 (11.89%)
P.T.C.L. / Dec 4 Pakistan Telecommunication Company Ltd(PTC)	7.93 ▲ 0.76 (10.60%)
HBL Invest Fund / Dec 4 HBL Investment Fund(HIFA)	3.43 ▲ 0.31 (9.94%)
Trust Sec.& Brok. / Dec 4 Trust Securities & Brokerage Limited(TSBL)	11 ▲ 0.94 (9.34%)
Waves Home Appliances / Dec 4 Waves Home Appliances Limited(WHALE)	8.75 ▲ 0.72 (8.97%)
Jubilee Spinning / Dec 4 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	6.94 ▲ 0.54 (8.44%)
Al-Shaheer Corp / Dec 4 Al Shaheer Corporation Limited(ASC)	9.90 ▲ 0.77 (8.43%)

Stock	Price
Asim Textile / Dec 4 Asim Textile Mills Limited(ASTM)	12.70 ▼ -1.03 (-7.50%)
Universal Network (GEM) / Dec 4 Universal Network Systems Limited (GEM)(GEMUNSL)	28.23 ▼ -2.29 (-7.50%)
MithchellsFruit / Dec 4 Mitchells Fruit Farms Limited(MFFL)	243.94 ▼ -19.78 (-7.50%)
Pak Suzuki / Dec 4 Pak Suzuki Motor Company Limited(PSMC)	504.39 ▼ -40.90 (-7.50%)
Janana D Mal / Dec 4 Janana De Malucho Textile Mills Limited(JDMT)	63.82 ▼ -5.17 (-7.49%)
Reliance Ins. / Dec 4 Reliance Insurance Company Limited(RICL)	8.80 ▼ -0.70 (-7.37%)
Pak Gulf Leasing / Dec 4 Pak-Gulf Leasing Company Limited(PGLC)	7.18 ▼ -0.57 (-7.35%)
JS Investments / Dec 4 JS Investments Limited(JSIL)	16.02 ▼ -1.23 (-7.13%)
Masood Textile / Dec 4 Masood Textile Mills Limited(MSOT)	50.20 ▼ -3.80 (-7.04%)
AEL Textile / Dec 4 AEL Textile Limited(AEL)	20 ▼ -1.50 (-6.98%)

Stock	Volume
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	57,056,586 ▲ 0.04
Maple Leaf Cement / Dec 4 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▼ -0.61
Fauji Cement / Dec 4 Fauji Cement Company Limited(FCCL)	41,923,500 ▲ 1.29
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.07
Fauji Fert Bin / Dec 4 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.14
Oil & Gas Dev. / Dec 4 Oil & Gas Development Company Limited(OGDC)	23,778,132 ▲ 5.13
Pak Petroleum / Dec 4 Pakistan Petroleum Limited(PPL)	23,491,106 ▲ 5.48
Pak Refinery / Dec 4 Pakistan Refinery Limited(PRL)	22,637,629 ▲ 0.38
Hum Network / Dec 4 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.06
P.T.C.L. / Dec 4 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.76

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	146.85
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4564.76
India Sensex / Dec 4	68587.82
Tokyo Nikkei / Dec 4	33273.12
Nasdaq / Dec 4	14153.30
Hang Seng / Dec 4	16729.01
FTSE 100 / Dec 4	7509.75
Dow Jones / Dec 4	36139.37
Germany DAX 30 / Dec 4	16431.20
France CAC40 / Dec 4	7347.73

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Crude Oil USD/Barrel / Dec 4	78.30
Gold Spot USD/Ounce / Dec 4	2085.16
Cotton US¢/pound / Dec 4	79.44

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