PSMC’s automobile plant faces another shutdown amid inventory shortage

10:20
November 8, 2023

November 08, 2023 (MLN): Pak Suzuki Motor Company Limited (PSX: PSMC) has decided to shut down its automobile plant from November 09 to November 14, 2023, the company’s latest filing on PSX revealed.

The automobile assembler has taken this decision amid a shortage of inventory levels.

However, its motorcycle plant will remain operative, it said.

PSMC is engaged in the assembling, progressive manufacturing, and marketing of Suzuki cars, pickups, vans, 4x4s, motorcycles, and related spare parts.

To note, on October 12, the Board of Directors (BoD) of PSMC considered the majority shareholder's intent to purchase all outstanding shares of PSMC held by other shareholders and delist the company.

On October 19, the BoD resolved to delist the company from the Pakistan Stock Exchange (PSX).

Copyright Mettis Link News

Posted on: 2023-11-08T10:07:13+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.12000	278.27000	278.27000	278.12000	11:19 AM
2	EUR	1.07860	1.07863	1.07862	1.07860	02:21 AM
3	GBP	1.25594	1.25597	1.25597	1.25594	02:21 AM
4	CHF	0.90825	0.90837	0.90837	0.90825	02:21 AM
5	JPY	156.48200	156.49200	156.49200	156.48500	02:21 AM
6	CAD	1.36761	1.36774	1.36774	1.36761	02:21 AM
7	AUD	0.66011	0.66014	0.66014	0.66011	02:21 AM
8	INR	83.51340	83.51720	83.51720	83.51340	02:21 AM
9	SAR	3.75030	3.75050	3.75050	3.75030	11:21 AM
10	AED	3.67280	3.67310	3.67310	3.67280	11:20 AM
11	HKD	7.81115	7.81133	7.81133	7.81115	02:21 AM
12	CNH	7.24273	7.24286	7.24286	7.24273	02:21 AM
13	CNY	7.23260	7.23310	7.23310	7.23260	10:53 PM
14	THB	36.72200	36.73600	36.73600	36.72200	02:21 AM
15	MYR	4.72300	4.72800	4.72800	4.72300	02:21 AM
16	IDR	16,125.00000	16,128.70000	16,128.70000	16,125.00000	02:21 AM
17	SGD	1.35409	1.35417	1.35417	1.35409	02:21 AM
18	NZD	0.60172	0.60176	0.60176	0.60172	02:21 AM
19	MXN	16.80270	16.80760	16.80765	16.80265	02:21 AM
20	TRY	32.21580	32.22580	32.22580	32.21580	02:21 AM
21	SEK	10.84750	10.85870	10.85865	10.84752	02:21 AM
22	ZAR	18.38330	18.39300	18.39301	18.38331	02:21 AM
23	NOK	10.81240	10.81950	10.81951	10.81236	02:21 AM
24	DKK	6.91580	6.91680	6.91680	6.91580	02:21 AM
25	ARS	884.25800	884.26600	884.26645	884.25811	02:21 AM
26	BDT	115.27100	118.60800	118.60840	115.27124	09:00 PM
27	BHD	0.37699	0.37711	0.37711	0.37699	11:21 AM
28	BRL	5.15370	5.15670	5.15670	5.15370	02:20 AM
29	KRW	1,367.87000	1,369.87000	1,369.87000	1,367.87000	02:21 AM
30	KWD	0.30752	0.30762	0.30762	0.30752	11:21 AM
31	LKR	295.97200	302.46100	302.46118	295.97219	09:00 PM
32	OMR	0.38485	0.38497	0.38497	0.38485	11:21 AM
33	QAR	3.64400	3.64700	3.64700	3.64400	11:20 AM
34	RUB	91.62000	91.64000	91.64000	91.62000	08:00 PM
35	AFN	71.33850	73.19240	73.19244	71.33852	09:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:36 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	08:00 PM
38	MVR	15.25000	15.65000	15.65000	15.25000	08:00 PM
39	UZS	12,678.40000	12,743.30000	12,743.33494	12,678.44562	09:00 PM
40	PHP	57.82600	57.83800	57.83800	57.82600	02:21 AM
42	NGN	1,444.43000	1,445.43000	1,445.43000	1,444.43000	08:25 PM
43	KES	129.75000	131.75000	131.75000	129.75000	02:13 AM
44	AMD	359.95000	415.57000	415.56973	359.95031	09:00 PM
45	TWD	32.40630	32.43630	32.43630	32.40630	02:21 AM
46	XAU	2,342.18000	2,342.56000	2,342.56000	2,342.18000	02:20 AM
47	XAG	28.38220	28.38930	28.38930	28.38220	02:20 AM
48	XPT	1,003.80000	1,006.20000	1,006.20000	1,003.80000	11:21 AM
49	XPD	964.50000	972.50000	972.50000	964.50000	11:21 AM
2,120	VES	36.51860	36.61010	36.61015	36.51858	08:00 PM
2,212	UGX	3,724.65000	3,808.08000	3,808.07594	3,724.64682	09:00 PM
2,213	TZS	2,587.95000	2,587.98000	2,587.97900	2,587.94900	08:25 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	Direction	DateTime
KSE100	74,551.69	74,360.962	73,977.01	561.848	0.761	109,020,785.0	5,598,323,684.810	-1	14/05/2024 11:37 AM
ALLSHR	48,277.91	48,147.339	48,014.67	212.456	0.443	275,897,440.0	10,284,900,936.270	-1	14/05/2024 11:37 AM
KSE30	23,952.52	23,882.490	23,682.62	258.806	1.096	47,526,010.0	4,359,187,275.820	-1	14/05/2024 11:37 AM
KMI30	123,826.97	123,380.384	122,468.69	1,149.636	0.941	69,597,143.0	3,737,498,677.380	-1	14/05/2024 11:37 AM
KMIALLSHR	34,651.16	34,537.337	34,416.08	201.827	0.588	185,438,093.0	8,103,228,203.420	-1	14/05/2024 11:37 AM
BKTi	17,790.73	17,749.019	17,552.21	203.135	1.158	8,392,116.0	798,304,489.370	1	14/05/2024 11:37 AM
OGTi	17,857.67	17,822.979	17,623.19	307.975	1.758	6,130,235.0	1,129,620,975.270	-1	14/05/2024 11:37 AM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	62,190.0	63,485.0	62,140.0	-1,290.00
BRENT CRUDE	EB	83.5	83.6	83.3	0.09
RICHARDS BAY COAL MONTHLY	EF	101.9	0.0	0.0	-4.45
ROTTERDAM COAL MONTHLY	ET	105.5	0.0	0.0	0.00
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	78.2	80.0	78.1	-1.06
SUGAR #11 WORLD	SB	18.6	19.3	18.6	-0.68

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