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Markets

Euro zone yields headed for weekly fall after Powell comments, await US data

Euro zone yields dropped on Friday ahead of US jobs data and were headed for a weekly fall after Federal Reserve...

Published 03 May, 2024 03:35pm

Pakistan

Pakistan’s iCube Qamar payload launches aboard Chinese lunar mission

Pakistan’s first satellite mission to the moon, iCube Qamar, was launched on board China’s Chang’E6 from Hainan,...

Published 03 May, 2024 03:35pm

Sports

South Africa confirm Sri Lanka, Pakistan to visit in 2024-25

CAPE TOWN: South Africa will host Sri Lanka for two Tests and Pakistan for an all-formats tour in the 2024-25 home...

Published 03 May, 2024 03:11pm

Markets

Sales of petroleum products fall by 6% in April

Sale of total petroleum products in Pakistan clocked in at 1.1 million tons in April, a decline of 6% year-on-year...

Published 03 May, 2024 03:04pm

World

Rafah operation could be a ‘slaughter’, UN official says

GENEVA: An Israeli incursion in Rafah would put the lives of hundreds of thousands of Gazans at risk and be an...

Published 03 May, 2024 03:01pm

World

Kremlin calls Cameron’s statement on UK arms for Ukraine a ‘direct escalation’

MOSCOW: The Kremlin called British Foreign Secretary David Cameron’s statement that Ukraine could use British...

Published 03 May, 2024 02:58pm

Life & Style

Sanjay Leela Bhansali says he considered Mahira Khan and Fawad Khan for ‘Heeramandi’

Filmmaker initially wanted to cast the duo in a film version of the epic story

Published 03 May, 2024 02:32pm

Sports

Daniil Medvedev joins growing injury list ahead of French Open

MADRID: World number four Daniil Medvedev faces an anxious wait to know the full extent of an injury that forced him...

Published 03 May, 2024 02:01pm

Markets

Gold sheds further Rs1,400 per tola in Pakistan

Gold prices extended its downturn in Pakistan for the fifth consecutive session on Friday, as it shed another...

Published 03 May, 2024 02:00pm

Sports

Maradona’s children call for moving body to mausoleum for safety and tribute

BUENOS AIRES: Diego Maradona’s children filed a request with the Argentine Courts on Thursday to move the former...

Published 03 May, 2024 01:58pm

Pakistan

IHC rejects IB’s plea to withdraw plea seeking Justice Sattar’s recusal

Assistant attorney general informs court that Intelligence Bureau wants to withdraw its petition raising an objection over Justice Sattar in the bench

Published 03 May, 2024 01:56pm

Life & Style

Adidas plots to swerve Samba slump

LONDON: As Adidas aims to build on hot demand for its three-striped white and black Samba and multi-coloured Gazelle...

Published 03 May, 2024 01:46pm

Business & Finance

ECB’s Stournaras sees just three rate cuts in 2024 on strong growth

FRANKFURT: The European Central Bank is “most likely” to cut interest rates just three times this year as...

Published 03 May, 2024 01:43pm

Markets

French soft wheat rated 63% good/excellent by April 29

PARIS: Ratings of French soft wheat showed 63% of the crop in good or excellent condition by April 29, unchanged...

Published 03 May, 2024 01:41pm

Markets

Copper heads for first weekly fall in 5 weeks

Copper prices gained on a softer dollar on Friday, but were set for the first decline in five weeks on risk-off...

Published 03 May, 2024 01:40pm

Markets

European shares climb on bank earnings cheer, tech boost

European shares opened higher on Friday, as investors cheered a handful of strong earnings from French banks...

Published 03 May, 2024 01:38pm

Markets

Asian currencies, stocks strengthen as Fed hints dovish stance

Asian emerging market currencies and equities climbed higher on Friday after the Federal Reserve indicated it would...

Published 03 May, 2024 01:37pm

Markets

Anglo American boosts London’s FTSE 100 to near record high

Britain’s FTSE 100 opened near record highs on Friday, boosted by Anglo-American after Reuters reported Glencore is...

Published 03 May, 2024 01:35pm

Business & Finance

Turkiye inflation up near 70%, highest since 2022

ISTANBUL: Turkiye annual consumer price inflation climbed to 69.8% in April, official data showed on Friday, a bit...

Published 03 May, 2024 01:33pm

Pakistan

Engagements through trade, investment are priorities of Pak-US relations: State Dept

The United States has said that technical engagements through trade and investment ties are priorities of Pak-US...

Published 03 May, 2024 01:27pm

World

Hamas considering latest Gaza truce offer in ‘positive spirit’

GAZA STRIP: Hamas says it is considering in a “positive spirit” a Gaza truce deal, while the UN warned rebuilding...

Published 03 May, 2024 12:32pm

World

Joe Biden says ‘order must prevail’ on US campuses amid protests

WASHINGTON: US President Joe Biden insisted Thursday that “order must prevail” on college campuses after weeks of...

Published 03 May, 2024 12:25pm

World

China to launch first probe to return samples from Moon’s far side

WENCHANG: China is set Friday to launch a probe to collect samples from the far side of the Moon, a world first as...

Published 03 May, 2024 12:21pm

World

Rains, mudslides kill 29 in southern Brazil’s ‘worst disaster’

CAPELA DE SANTANA: Brazilian President Luiz Inacio Lula da Silva on Thursday visited the country’s south where...

Published 03 May, 2024 12:10pm

Sports

England’s Wallace fires 63 to grab CJ Cup Byron Nelson lead

LOS ANGELES: England’s Matt Wallace birdied five of the first six holes on his way to grabbing the lead in...

Published 03 May, 2024 12:08pm

Markets

Hong Kong stocks rally at open

HONG KONG: Hong Kong shares rallied at the open of trade Friday, building on an eight-day surge, following a strong...

Published 03 May, 2024 12:03pm

Markets

Australia, NZ dollars bow to yen strength, gain ground on dollar

SYDNEY: The Australian and New Zealand dollars are headed for heavy weekly losses on the yen but gained ground on...

Published 03 May, 2024 11:24am

Markets

Gold set for second weekly fall; US payrolls on investors’ radar

Gold prices were poised for a second straight weekly decline, although bullion held steady on Friday as investors...

Published 03 May, 2024 11:19am

Sports

Iga Swiatek, Aryna Sabalenka set up 1-2 final at Madrid

The top two players in the world are booked for the final of the Mutua Madrid Open. After World No. 1 Iga Swiatek of...

Published 03 May, 2024 11:16am

Markets

Palm oil opens lower, set for fourth consecutive weekly loss

KUALA LUMPUR: Malaysian palm oil futures opened lower on Friday, tracking weakness in Chicago soyoil, and set for a...

Published 03 May, 2024 11:10am

World

India’s opposition Congress leader Rahul Gandhi to contest elections from Raebareli too

NEW DELHI: India’s main opposition Congress party said on Friday that Rahul Gandhi, the face of the party and its...

Published 03 May, 2024 11:06am

World

Russia expects to stop imports of lithium, other scarce metals by 2030, TASS reports

Russia expects to eliminate its dependence on imports of 12 scarce types of metals including lithium and rare earths...

Published 03 May, 2024 10:59am

Business & Finance

Thai April inflation rises slightly, first time in 7 months

BANGKOK: Thailand’s headline consumer price index (CPI) rose 0.19% in April from a year earlier, versus a 0.47%...

Published 03 May, 2024 10:55am

World

High security in India’s Manipur on anniversary of ethnic clashes

GUWAHATI: Security forces were on heightened alert in India’s troubled northeastern state of Manipur on Friday, the...

Published 03 May, 2024 10:51am

Sports

T20 bowlers must adapt or get left behind, New Zealand’s Southee says

MELBOURNE: The mountain of runs being scored in the Indian Premier League (IPL) shows Twenty20 cricket is changing...

Published 03 May, 2024 10:44am

Markets

Buying spree returns to PSX, KSE-100 moves past 71,000

Gains over 1,000 points in second half of session

Updated 03 May, 2024 03:08pm

World

US Defence Secretary says there was no indication Hamas planning attack on US troops

HONOLULU: US Defence Secretary Lloyd Austin said on Thursday he did not see any indication Hamas was planning any...

Published 03 May, 2024 10:38am

Markets

Intra-day update: rupee appreciates marginally against US dollar

Currency hovers at 278-279 level in inter-bank market

Published 03 May, 2024 10:36am

Markets

Asian stocks surge; yen extends gains to cap wild week

SINGAPORE: Asian stocks surged to their highest in 15 months on Friday led by tech and Hong Kong stocks, while the...

Published 03 May, 2024 10:34am

Markets

Soybeans, corn head for weekly gains as floods hit Brazil

CANBERRA: Chicago soybean and corn futures rose on Friday and were set for their second consecutive weekly gains as...

Published 03 May, 2024 10:29am

Markets

UAE’s April non-oil business activity slows sharply on flood impact, PMI shows

DUBAI: Growth in the United Arab Emirates’ non-oil business sector eased to its lowest level in eight months in...

Published 03 May, 2024 10:26am

Pakistan

At least 20 killed, 21 injured after bus falls into ravine in KPK’s Chilas

Dead include three women

Updated 03 May, 2024 12:05pm

World

UK’s Labour claim big early win over PM Sunak’s Conservatives

LONDON: Britain’s opposition Labour Party won a parliamentary seat in northern England on Friday, beating the...

Published 03 May, 2024 10:23am

Markets

Mining and tech stocks lift Australia shares; RBA meeting on tap

Australian shares jumped on Friday led by mining and technology stocks, while investors awaited the domestic central...

Published 03 May, 2024 10:11am

Markets

Indian shares likely to open higher; Bajaj Finance in focus

BENGALURU: Indian shares are set to open higher on Friday, tracking a rise in global stocks after the US Federal...

Published 03 May, 2024 10:09am

Markets

Yen poised for best week in over a year; dollar waits on US jobs data

SINGAPORE: The yen was headed for its best week in more than a year on Friday, helped by Tokyo’s suspected...

Published 03 May, 2024 10:04am

Markets

Oil prices set for steepest weekly drop in 3 months

LONDON: Oil prices edged higher on Friday, but headed for their steepest weekly loss in three months as uncertainty...

Updated 03 May, 2024 03:05pm

Markets

Indian bond yields flattish; debt sale, US jobs data in spotlight

MUMBAI: Indian government bond yields were little changed in the early session on Friday, as market participants...

Published 03 May, 2024 09:59am

World

Russia says it downs six Ukraine-launched drones

The Russian defence ministry said on Friday that its air defence forces destroyed six drones that Ukraine launched...

Published 03 May, 2024 09:57am

BR Research

Inflation: is the worst over?

The headline is that the headline inflation is finally below 20 percent. It stood at 17.3 percent for April 24 – the...

Updated 03 May, 2024 09:55am

BR Research

MARI – earnings slip in 3Q

Mari Petroleum Company Limited (PSX: MARI) announced its financial performance recently, posting a decline in the...

Published 03 May, 2024 09:07am

Pakistan

The Weather

KARACHI: The weather report on Thursday (May 02, 2024) and the forecast for Friday (May 03, 2024)...

Published 03 May, 2024 06:29am

Pakistan

ECP secretary resigns as Omar Hamid takes charge

ISLAMABAD: In a dramatic turn of events, Secretary Election Commission of Pakistan (ECP) Dr Asif Hussain resigned a...

Published 03 May, 2024 06:29am

Pakistan

MALC says leprosy cases declining

KARACHI: Mervyn Francis Lobo, the CEO of the Marie Adelaide Leprosy Centre (MALC), announced that leprosy, a curable...

Published 03 May, 2024 06:29am

Pakistan

Sedition case: Court issues last warning to Shahbaz Gill

ISLAMABAD: A local court, on Thursday, issued the last warning to the guarantor of Pakistan Tehreek-e-Insaf (PTI)...

Published 03 May, 2024 06:29am

Pakistan

SC told: Rapid urbanisation devouring agriculture lands, fueling food insecurity

ISLAMABAD: The Punjab government informed the apex court that mass urbanisation and the resulting reduction in...

Published 03 May, 2024 06:29am

Pakistan

PML-N MNAs elected from Islamabad asked to file original Forms

ISLAMABAD: The Islamabad High Court (IHC) directed Pakistan Muslim League-Nawaz (PML-N) MNAs, elected from ...

Published 03 May, 2024 06:29am

Pakistan

Free yoga classes

ISLAMABAD: The Metropolitan Corporation Islamabad (MCI) is committed to enhance the well-being of its citizens by...

Published 03 May, 2024 06:29am

Pakistan

NHA asked to expedite ongoing projects

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal directed the National...

Published 03 May, 2024 06:29am

Pakistan

Bilawal reiterates his commitment to freedom of expression

ISLAMABAD: Chairman Pakistan People’s Party (PPP) Bilawal Bhutto Zardari has extended sincere solidarity to...

Published 03 May, 2024 06:29am

Pakistan

Rangers’ deployment in Karachi extended: Sindh cabinet approves ‘premium’ number plates

KARACHI: The Cabinet meeting in Sindh, chaired by Chief Minister Syed Murad Ali Shah, has approved several important...

Published 03 May, 2024 06:29am

Pakistan

Drug trafficking in schools: Sharjeel says govt to take legislative step

KARACHI: Sindh Minister Sharjeel Memon said on Thursday that the legislation will take place against drug ...

Published 03 May, 2024 06:29am

Pakistan

MAP elects new executive committee members & office-bearers

KARACHI: The newly-elected Executive Committee of the Management Association of Pakistan held its 599th Executive...

Published 03 May, 2024 06:29am

Pakistan

England goes to the polls in key local elections

LONDON: Voters went to the polls in England on Thursday for a host of crunch local elections likely to ratchet up ...

Published 03 May, 2024 06:29am

World

US universities ‘contaminated by hatred, anti-Semitism’: Israel

OCCUPIED JERUSALEM: Israel’s president on Thursday slammed US universities for campus unrest over Israel’s war ...

Published 03 May, 2024 06:29am

World

Macron floats Ukraine troop deployment if frontline breached

PARIS: French President Emmanuel Macron said the question of sending Western troops to Ukraine would...

Published 03 May, 2024 06:29am

Pakistan

Punjab CM vows complete polio eradication across province

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif presided over the Polio Oversight Board meeting in which it was...

Published 03 May, 2024 06:29am

Pakistan

Temperature set to cross 40C across Punjab

LAHORE: Maximum temperature is all set to cross 40C during the first two weeks of the month of May throughout Punjab...

Published 03 May, 2024 06:29am

Pakistan

Neelum Jhelum plant shutdown for physical inspection

LAHORE: The 969 MW Neelum Jhelum hydropower plant was shutdown the other day for physical inspection of its head ...

Published 03 May, 2024 06:29am

Sports

PCB announces 18-member squad for Ireland, England tours

LAHORE: Pakistanis selectors have recalled fast bowler Haris Rauf and medium-pacer Hasan Ali for the T20...

Published 03 May, 2024 06:29am

Pakistan

Acting Governor Punjab mets US Ambassador

LAHORE: Acting Governor of Punjab, Malik Muhammad Ahmad Khan, met with US Ambassador Donald Blome in the Assembly...

Published 03 May, 2024 06:29am

Pakistan

Funeral prayer of martyred constable offered

LAHORE: The funeral prayer of martyred Constable Ghulam Rasool of Lahore Police was offered at Police Lines Qila...

Published 03 May, 2024 06:29am

Pakistan

‘Frivolous plea’: IHC imposes fine on CIR Islamabad LTO

ISLAMABAD: Islamabad High Court (IHC) has imposed a fine of Rs500,000 on Commissioner Inland Revenue, Large Taxpayer...

Published 03 May, 2024 06:29am

Pakistan

Mahmood Achakzai sends legal notices to ex-minister, others

QUETTA: Pashtunkhwa Milli Awami Party (PMAP) chief Mahmood Khan Achakzai on Thursday sent a legal notice to former...

Published 03 May, 2024 06:29am

Pakistan

Minister for increasing resources to serve people better

LAHORE: Punjab Finance Minister Mujtaba Shuja-ur-Rehman emphasised the necessity of increasing the provincial...

Published 03 May, 2024 06:29am

Pakistan

Minister directs SEPA to set up help desk

KARACHI: Provincial Minister for Environment, Climate Change and Coastal Development, Dost Muhammad Rahimoon has...

Published 03 May, 2024 06:29am

Pakistan

‘Need to formalise status of women home-based workers within workforce’

FAISALABAD: “It is imperative that authorities and political decision makers should recognise the vital...

Published 03 May, 2024 06:29am

World

UN estimates rebuilding Gaza will cost $30bn to $40bn

AMMAN: A UN agency said Thursday rebuilding war-wracked Gaza will cost an estimated $30 billion to $40 billion and...

Published 03 May, 2024 06:29am

Pakistan

Officials visit Bradford, meet British-Pakistanis

ISLAMABAD: As part of the UK Foreign, Commonwealth and Development Office (FCDO)’s efforts to connect with ...

Published 03 May, 2024 06:29am

Pakistan

Pakpattan police recover drugs worth Rs2.26m

LAHROE: In a concerted effort to combat drug trafficking and addiction, the Pakpattan Police have undertaken a...

Published 03 May, 2024 06:29am

Pakistan

PKRC concerned over outcomes of meeting in Dubai

LAHORE: The Pakistan Kissan Rabita Committee (PKRC) has expressed its deep concern over the outcomes of the first...

Published 03 May, 2024 06:29am

Pakistan

Polio drive: commissioner for focusing on nomad places, travelling points

LAHORE: Commissioner Lahore Zaid bin Maqsood said that for the polio campaign full focus must be given to nomad...

Published 03 May, 2024 06:29am

Pakistan

Rescue-1122 rescues 172,176 victims in April

LAHORE: The Emergency Services Department (Rescue-1122) has rescued 172,176 victims while responding to 176,401...

Published 03 May, 2024 06:29am

Pakistan

Sehat Kahani, Rotary Pakistan Smart Villages sign MoU

KARACHI: Sehat Kahani and Rotary Pakistan Smart Villages have formalised a strategic partnership through a ...

Published 03 May, 2024 06:29am

Pakistan

Army well aware of its ‘constitutional limits’: COAS

ISLAMABAD: Army Chief General Asim Munir underscored the military’s commitment to upholding Constitutional...

Published 03 May, 2024 06:29am

Economies in developing Asia ageing fast: Pakistan will still have shares below 10pc by 2050: ADB

ISLAMABAD: Some economies in developing Asia are ageing rapidly, however, Pakistan will still have shares lower than...

Updated 03 May, 2024 09:30am

Pakistan

PTI issues white paper on ‘vote rigging’

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Thursday issued a detailed 234-page ‘white paper’ on alleged ...

Published 03 May, 2024 06:29am

Pakistan

PM says cut in inflation good news for people

ISLAMABAD: Prime Minister Shehbaz Sharif has said that the reduction in inflation is good news for the people. The...

Published 03 May, 2024 06:29am

Business & Finance

Well-organised documented sectors: PBC urges FBR to rationalise ‘super tax’

ISLAMABAD: Pakistan Business Council (PBC) has proposed the Federal Board of Revenue (FBR) to rationalise ‘super...

Published 03 May, 2024 06:29am

Business & Finance

ADB informed about FBR automation

ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday informed the Asian Development Bank (ADB) that the FBR ...

Published 03 May, 2024 06:29am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	152.98
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.26
Euro to USD / May 3	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
Tokyo Nikkei / May 2	38236.07
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01
France CAC40 / May 2	7916.49
India Sensex / May 3	74412.88

Item	Value
Karachi Cotton PKR/37.32 KG / May 2	20000
Petrol/Litre / May 3	288.49
Crude Oil USD/Barrel / May 3	79.12
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2308.69
Diesel/Litre / May 3	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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