BCL halts production amid drop in orders, payment delays

15:45
August 23, 2024

August 23, 2024 (MLN): Bolan Castings Limited (PSX: BCL) has decided to halt its production activities starting Monday, August 26, 2024, until further notice.

The company announced this decision in a notice issued to the Pakistan Stock Exchange (PSX) today, citing a significant drop in customer orders as the primary reason.

Additionally, delays in payment from its main customer are causing severe financial strain to the company.

At the time of writing, the company's scrip is being traded at Rs96, down by Rs8.32 or 7.97% compared to yesterday's close.

Copyright Mettis Link News

Posted on: 2024-08-23T15:33:43+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.87000	279.02000	279.02000	278.87000	09:39 AM
2	EUR	1.10778	1.10781	1.10781	1.10778	12:39 AM
3	GBP	1.31274	1.31283	1.31283	1.31274	12:39 AM
4	CHF	0.84540	0.84580	0.84580	0.84577	12:38 AM
5	JPY	142.82900	142.84200	142.84200	142.82900	12:39 AM
6	CAD	1.35580	1.35584	1.35584	1.35580	12:38 AM
7	AUD	0.66786	0.66790	0.66790	0.66786	12:38 AM
8	INR	83.94080	83.94450	83.94450	83.94080	12:38 AM
9	SAR	3.75360	3.75390	3.75390	3.75360	09:38 AM
10	AED	3.67240	3.67340	3.67340	3.67240	09:20 AM
11	HKD	7.79583	7.79610	7.79610	7.79583	12:39 AM
12	CNH	7.11168	7.11197	7.11196	7.11171	12:38 AM
13	CNY	7.08760	7.09000	7.09000	7.08760	08:53 PM
14	THB	33.81700	33.83000	33.83000	33.81700	12:38 AM
15	MYR	4.34500	4.35000	4.35000	4.34500	12:21 AM
16	IDR	15,451.60000	15,459.50000	15,459.50000	15,451.60000	12:38 AM
17	SGD	1.30282	1.30291	1.30291	1.30282	12:38 AM
18	NZD	0.61707	0.61716	0.61716	0.61707	12:38 AM
19	MXN	19.95310	19.95830	19.95834	19.95306	12:38 AM
20	TRY	34.01030	34.02030	34.02030	34.01030	12:38 AM
21	SEK	10.30990	10.32020	10.32015	10.30992	12:39 AM
22	ZAR	17.81820	17.84270	17.83899	17.82351	12:38 AM
23	NOK	10.71400	10.72090	10.72092	10.71399	12:39 AM
24	DKK	6.73540	6.73612	6.73612	6.73540	12:38 AM
25	ARS	956.28500	956.29500	956.29480	956.28480	12:38 AM
26	BDT	118.13400	121.38200	121.38246	118.13428	09:00 PM
27	BHD	0.37691	0.37696	0.37696	0.37691	09:38 AM
28	BRL	5.59650	5.59970	5.59970	5.59650	12:35 AM
29	KRW	1,339.35000	1,339.50000	1,339.50000	1,339.35000	12:39 AM
30	KWD	0.30490	0.30560	0.30560	0.30490	09:10 AM
31	LKR	296.25200	302.56700	302.56741	296.25152	09:00 PM
32	OMR	0.38498	0.38503	0.38503	0.38498	09:23 AM
33	QAR	3.64400	3.64600	3.64600	3.64400	09:38 AM
34	RUB	89.23050	91.03590	91.03588	89.23051	12:38 AM
35	AFN	69.50190	71.30640	71.30644	69.50190	09:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:15 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	08:00 PM
38	MVR	15.25000	15.45000	15.45000	15.25000	08:00 PM
39	UZS	12,704.00000	12,767.10000	12,767.12848	12,703.96954	09:00 PM
40	PHP	56.30000	56.32700	56.32700	56.30000	12:38 AM
42	NGN	1,614.29000	1,615.29000	1,615.29000	1,614.29000	09:27 PM
43	KES	128.03000	130.03000	130.03000	128.03000	09:27 PM
44	AMD	361.08500	415.22100	415.22117	361.08542	09:00 PM
45	TWD	32.06400	32.07200	32.07200	32.06400	12:38 AM
46	XAU	2,497.80000	2,498.18000	2,498.18000	2,497.80000	12:38 AM
47	XAG	28.02620	28.03760	28.03760	28.02620	12:38 AM
48	XPT	933.50000	935.90000	935.90000	933.50000	09:38 AM
49	XPD	918.01800	923.34400	923.34430	918.01780	09:38 AM
2,120	VES	36.63960	36.65970	36.65972	36.63956	12:38 AM
2,212	UGX	3,682.15000	3,763.35000	3,763.35354	3,682.14956	09:00 PM
2,213	TZS	2,721.56000	2,721.59000	2,721.59100	2,721.56100	08:25 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	Direction	DateTime
KSE100	79,214.28	78,952.770	78,817.66	55.044	0.070	13,784,560.0	558,885,437.930	-1	09/09/2024 09:54 AM
ALLSHR	50,999.86	50,882.515	50,812.05	67.677	0.133	89,455,260.0	1,427,926,352.150	-1	09/09/2024 09:54 AM
KSE30	25,128.54	25,029.264	24,978.64	21.393	0.086	2,873,742.0	425,778,569.910	-1	09/09/2024 09:54 AM
KMI30	126,061.81	125,482.918	125,297.95	53.517	0.043	2,815,114.0	380,706,339.650	1	09/09/2024 09:54 AM
KMIALLSHR	35,724.18	35,668.942	35,626.77	96.630	0.272	30,116,866.0	839,403,348.270	-1	09/09/2024 09:54 AM
BKTi	19,338.09	19,254.944	19,180.80	-0.878	-0.005	50,454.0	10,468,759.040	-1	09/09/2024 09:54 AM
OGTi	19,413.16	19,280.725	19,260.01	88.525	0.461	649,364.0	137,280,289.710	0	09/09/2024 09:54 AM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	55,160.0	55,645.0	54,545.0	1,465.00
BRENT CRUDE	EB	71.9	72.2	71.4	0.83
RICHARDS BAY COAL MONTHLY	EF	112.0	0.0	0.0	3.00
ROTTERDAM COAL MONTHLY	ET	115.5	115.5	115.5	1.50
USD RBD PALM OLEIN	POL	930.0	930.0	930.0	0.00
CRUDE OIL – WTI	QCL	68.5	68.8	68.0	0.85
SUGAR #11 WORLD	SB	18.9	19.6	18.8	-0.32