LAHORE - AkzoNobel has increased its investment in Akzo Nobel Pakistan Limited to greater than 96%. More than 80% of the minority shares have been acquired and the process of delisting from the Pakistan Stock Exchange has been completed.
According to the company statement, this move further strengthens AkzoNobel’s presence in South Asia and helps to consolidate its position as a leader in the Pakistan paints and coatings market. The company will continue to provide customers in Pakistan with world-class products, solutions and services.
The share purchase process is ongoing and minority shareholders will be able to tender their shares until June 18, 2021.-PR
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 9, 2023 (Thursday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||331||334.2|
|Hong Kong Dollar||HKD||35.08||35.43|
|New Zealand Dollar||NZD||173.63||175.63|
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs193,700 on Thursday. The price of 10 grams of 24k gold was recorded at Rs166,070.
Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 193,700||PKR 2,350|
|Karachi||PKR 193,700||PKR 2,350|
|Islamabad||PKR 193,700||PKR 2,350|
|Peshawar||PKR 193,700||PKR 2,350|
|Quetta||PKR 193,700||PKR 2,350|
|Sialkot||PKR 193,700||PKR 2,350|
|Attock||PKR 193,700||PKR 2,350|
|Gujranwala||PKR 193,700||PKR 2,350|
|Jehlum||PKR 193,700||PKR 2,350|
|Multan||PKR 193,700||PKR 2,350|
|Bahawalpur||PKR 193,700||PKR 2,350|
|Gujrat||PKR 193,700||PKR 2,350|
|Nawabshah||PKR 193,700||PKR 2,350|
|Chakwal||PKR 193,700||PKR 2,350|
|Hyderabad||PKR 193,700||PKR 2,350|
|Nowshehra||PKR 193,700||PKR 2,350|
|Sargodha||PKR 193,700||PKR 2,350|
|Faisalabad||PKR 193,700||PKR 2,350|
|Mirpur||PKR 193,700||PKR 2,350|