News Archives for Latest - 2023-09-22

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Archive - 2023-09-22

Pakistan

PM Kakar calls for countering all terrorists including Hindutva inspired extremists

Caretaker premier presents perspective on range of issues, including regional disputes and climate change in UNGA address

Updated 23 Sep, 2023 12:10am

World

Karabakh Armenian forces start to hand over arms: Russian defmin

The Russian Defence Ministry said on Friday that Karabakh Armenian forces have started to hand over arms and ...

Published 22 Sep, 2023 10:52pm

Currency

Open-market: rupee gains further ground against US dollar

Currency closes at Rs293.5 for selling and Rs290.5 for buying purposes, according to ECAP data

Updated 22 Sep, 2023 10:51pm

Sports

Hasan Ali replaces Naseem Shah as Pakistan announce squad for World Cup 2023

Pacer Zaman Khan and leg-spinner Abrar Ahmed feature in travelling reserves

Updated 22 Sep, 2023 10:49pm

Pakistan

No change in Nawaz Sharif's return plan, says Shehbaz

Former prime minister and Pakistan Muslim League-Nawaz (PML-N) president Shehbaz Sharif confirmed on Friday that...

Updated 22 Sep, 2023 10:46pm

Europe

Russian hackers seek war crimes evidence, Ukraine cyber chief says

KYIV: Russian spies are using hackers to target computer systems at law enforcement agencies in Ukraine in a bid to...

Published 22 Sep, 2023 10:45pm

Forex

Bank AL Habib says will establish wholly-owned Exchange Company

Becomes fourth bank in recent weeks to make this announcement

Updated 22 Sep, 2023 10:40pm

Middle East

Saudi crown prince says he does not care about ‘sportswashing’ claims

Saudi Arabian Crown Prince Mohammed bin Salman said he does not care about allegations of “sportswashing” against...

Updated 22 Sep, 2023 10:39pm

Pakistan

President Alvi calls for enhanced Pak-Saudi cooperation in economic, defence sectors

President Dr Arif Alvi said on Friday that Pakistan highly valued its relations with Saudi Arabia and was committed...

Updated 22 Sep, 2023 10:36pm

World

US will send Ukraine ATACMS long-range missiles, Biden tells Zelenskiy

WASHINGTON: U.S. President Joe Biden has informed Ukraine's President Volodymyr Zelenskiy that Washington will...

Published 22 Sep, 2023 10:35pm

Pakistan

PPP suspends party membership of senior leader Latif Khosa

Party had sent showcause notice to Khosa over disciplinary issues

Updated 22 Sep, 2023 10:35pm

Business & Economy

TDAP blames faulty refrigeration for UAE’s meat export restriction on Pakistan

Trade Development Authority of Pakistan (TDAP), the body responsible for facilitating and promoting international...

Updated 22 Sep, 2023 10:34pm

Stocks

FTSE 100 ends week lower on higher for longer rates outlook

Britain’s FTSE 100 edged higher on Friday, but logged weekly declines after the Bank of England joined other central...

Published 22 Sep, 2023 09:57pm

Stocks

European shares clock weekly decline as higher-for-longer rates loom

European shares closed lower on Friday, logging sharp weekly losses as investors grappled with the prospects of...

Published 22 Sep, 2023 09:56pm

Commodities

Asia gold: Price dip buoys demand in India; China premiums ease

Physical gold buying in India improved this week on a retreat in domestic prices, while premiums in top consumer...

Published 22 Sep, 2023 07:41pm

Stocks

KSE-100 extends gains as some political clarity fuels optimism

The Pakistan Stock Exchange (PSX) witnessed a positive session on Friday, as its benchmark KSE-100 Index added...

Published 22 Sep, 2023 07:38pm

Stocks

S&P 500, Nasdaq rebound as Treasury yields retreat; Ford rises

The S&P 500 and the Nasdaq made a slight recovery on Friday as Treasury yields retreated from multi-year highs,...

Published 22 Sep, 2023 07:34pm

Movies & Music

Amazon to roll out ads on Prime Video in 2024

Amazon Prime Video users will see ads on shows and movies from early next year unless they subscribe for an ad-free...

Published 22 Sep, 2023 07:28pm

Movies & Music

‘Euphoria’ actor Angus Cloud’s death ruled accidental overdose: coroner

LOS ANGELES: Angus Cloud, the 25-year-old co-star of hit HBO drama “Euphoria,” died from an accidental drug overdose...

Published 22 Sep, 2023 07:22pm

South Asia

India frees Kashmiri leader Mirwaiz Umar Farooq after four years

OCCUPIED SRINAGAR: The Indian government freed Indian Illegally Occupied Jammu and Kashmir’s (IIOJK) chief Muslim...

Published 22 Sep, 2023 07:19pm

Forex

13th consecutive gain: rupee settles at 291.76 against US dollar

Appreciates 0.35% in inter-bank market on Friday
Cumulatively, rupee has appreciated 5.25% since it hit a record low of 307.1 on Sept 5

Updated 22 Sep, 2023 07:13pm

Pakistan

Dr Amjad Saqib appointed chairman BISP

President Alvi approves his appointment under Section 5(3) of BISP Act

Published 22 Sep, 2023 06:25pm

Sports

Shami restricts Australia at 276 in first India ODI

MOHALI: India’s Mohammed Shami took five wickets Friday to restrict visitors Australia at 276 in the first one-day...

Updated 22 Sep, 2023 06:31pm

Sports

ICC announces prize money for Cricket World Cup 2023

Winners to pocket $4 million, while runners-up to receive half the amount

Updated 22 Sep, 2023 06:21pm

Stocks

Dubai declines on profit-taking, Abu Dhabi marginally up

The Dubai index closed lower on Friday as investors moved to take profit from the previous session, while Abu Dhabi...

Published 22 Sep, 2023 06:14pm

Energy

Oil prices rise as Russia fuel export ban stokes supply concerns

LONDON: Oil prices rose on Friday as renewed global supply concerns from Russia’s fuel export ban counteracted...

Updated 22 Sep, 2023 05:49pm

South Asia

China’s Xi offers to help Assad rebuild Syria, regain regional status

BEIJING: Chinese President Xi Jinping offered on Friday to help Syria rebuild its shattered economy and counter...

Published 22 Sep, 2023 05:43pm

South Asia

Iran, Djibouti restore ties after 7 years: FM

TEHRAN: Iran announced Friday the restoring of diplomatic ties with Djibouti more than seven years after it joined...

Published 22 Sep, 2023 05:32pm

Cricket

Cricket chiefs announce first female umpire in County Championship

LONDON: Former England international Sue Redfern is set to become the first woman to stand as an umpire in a men’s...

Published 22 Sep, 2023 05:23pm

Europe

Scholz to host Central Asian leaders to boost ties

FRANKFURT: German Chancellor Olaf Scholz will host the leaders of five Central Asian nations next week, Berlin said...

Published 22 Sep, 2023 05:16pm

Europe

Russia says Crimea naval HQ hit in missile attack

MOSCOW: A Russian-occupation official in annexed Crimea said Friday that a Ukrainian missile had struck the...

Published 22 Sep, 2023 05:09pm

Energy

Global LNG: Asia prices notch up amid spot buys, easing Japan inventories

SINGAPORE: Asian spot liquefied natural gas (LNG) prices rose $1 this week due to buying activity by China and...

Published 22 Sep, 2023 04:56pm

Stocks

India’s Sensex logs worst week in 15 months on rate worries

Indian shares closed lower on Friday, with the benchmark Sensex logging its worst week in over 15 months on...

Published 22 Sep, 2023 04:50pm

Stocks

Sri Lanka shares end higher as consumer staples rise

CSE All-Share index settled 0.43% higher at 11,256.52

Published 22 Sep, 2023 04:46pm

Commodities

Copper on track for weekly loss due to strong dollar, high inventories

LONDON: Copper prices were on track for a weekly loss on Friday due to a strong dollar, high inventories and reduced...

Published 22 Sep, 2023 04:44pm

Commodities

Palm near 3-month low on weaker rival oils, concerns over rising supply

SINGAPORE: Malaysian palm oil futures traded flat at closing on Friday but held near three-month lows after a third...

Published 22 Sep, 2023 04:41pm

Business & Economy

Caretaker PM Kakar looks to attract US investment on sidelines of UNGA

Says attracting foreign investments in all sectors of Pakistan’s economy remains government’s top priority

Updated 22 Sep, 2023 03:34pm

Technology

Egyptian tourist dishes out AED100,000 for 11 iPhone 15s in Dubai

Thousands of Apple fans flocked to Dubai Mall on Friday to get their hands on the latest iPhone on the first day of...

Published 22 Sep, 2023 02:40pm

Companies

Hashoo Group welcomes Ali Ibrahim as vice president, marketing & communications

Hashoo Group announced the appointment of Ali Ibrahim as the Vice President, Marketing & Communications on a...

Published 22 Sep, 2023 02:34pm

Asia

China’s Xi meets Syrian President Assad: state media

HANGZHOU: Chinese President Xi Jinping met with Syrian counterpart Bashar Al-Assad on Friday afternoon, state media...

Published 22 Sep, 2023 02:30pm

Coal pricing mechanism: power plants, coal suppliers question Nepra’s proposed revision

ISLAMABAD: Coal power plants and coal suppliers on Thursday raised questions on NEPRA’s proposed revision in coal...

Updated 22 Sep, 2023 02:20pm

Europe

Ukraine to launch joint weapons production with US: Zelenskiy

KYIV: Ukraine and the United States have agreed to launch joint weapons production in a step that will enable Kyiv...

Published 22 Sep, 2023 02:20pm

Companies

Toyota to speed up EV production, aims for over 600,000 vehicles in 2025

TOKYO: Toyota Motor will speed up production of electric vehicles of its Toyota and luxury Lexus brands, the Nikkei...

Published 22 Sep, 2023 02:16pm

Luxury

Prada fringes, breezy looks for Emporio Armani at Milan Fashion Week

MILAN: Models walked amid slime falling from the ceiling at Prada’s catwalk show on Thursday, as the Italian luxury...

Published 22 Sep, 2023 02:03pm

South Asia

China, India lead Asia’s biggest hydropower crunch in decades

SINGAPORE: Hydropower generation in Asia has plunged at the fastest rate in decades amid sharp declines in China and...

Published 22 Sep, 2023 12:33pm

Stocks

European stock markets slide at open

LONDON: European stock markets slid at the start of trading on Friday, with traders expecting interest rates to stay...

Published 22 Sep, 2023 12:26pm

Sports

Murray targets Paris Olympics after Tokyo disappointment

ZHUHAI: Briton Andy Murray said he hopes to play in his fifth and likely final Olympic Games in Paris next year,...

Published 22 Sep, 2023 12:23pm

Forex

Sterling dips after weaker-than-expected UK retail data

LONDON: Sterling weakened against the dollar to a session low of $1.2269 after data showed retail sales in Britain...

Published 22 Sep, 2023 12:21pm

Europe

One killed in Russian shelling of Ukrainian city of Kherson

KYIV: At least one person was killed in Russian shelling of the southern Ukrainian city of Kherson on Friday, the...

Published 22 Sep, 2023 12:13pm

Energy

India says rising oil prices a concern, but economic outlook ‘bright’

NEW DELHI: Rising oil prices are a concern for the Indian economy but its outlook remains bright after better...

Published 22 Sep, 2023 12:10pm

Stocks

Hong Kong stocks open with another loss

HONG KONG: Hong Kong shares extended the week’s losses at Friday’s open following hefty losses in New York and...

Published 22 Sep, 2023 11:57am

Europe

King Charles’s France trip closing with climate focus

BORDEAUX: King Charles III on Friday puts the environment at the heart of the final day of his state visit to...

Published 22 Sep, 2023 11:55am

Europe

Ukraine’s Zelensky arrives in Canada on unannounced visit

OTTAWA: Ukrainian President Volodymyr Zelensky arrived in Canada Thursday night from the United States on an...

Published 22 Sep, 2023 11:51am

USA

Zelensky wins Biden support but faces US skeptics

WASHINGTON: Ukrainian President Volodymyr Zelensky visited Washington Thursday to appeal for help fighting Russia,...

Published 22 Sep, 2023 11:44am

Sports

Garcia, Kenin reach WTA Guadalajara semis

GUADALAJARA: France’s Caroline Garcia overpowered Victoria Azarenka in straight sets to reach the semi-finals of the...

Published 22 Sep, 2023 11:34am

USA

Canada’s Trudeau wants India to cooperate in murder probe, declines to release evidence

NEW YORK: Canadian Prime Minister Justin Trudeau on Thursday called on India to cooperate with an investigation into...

Published 22 Sep, 2023 11:29am

Stocks

Australian shares fall, set for worst week in over a year on rate jitters

Australian shares dropped more than 1% on Friday and were on track for their worst week in over a year, as the US...

Published 22 Sep, 2023 11:17am

Forex

Indian rupee set to rally on India’s inclusion in JPMorgan bond index

MUMBAI: The Indian rupee is expected to climb at the open on Friday as India’s inclusion in JPMorgan’s widely...

Published 22 Sep, 2023 11:14am

Perspectives

The caretakers’ (extra) burden

Famous imperialist poet and writer Rudyard Kipling was awarded the Nobel Prize in Literature in 1907. Born in India,...

Published 22 Sep, 2023 10:38am

Markets

Japan Finance Minister Suzuki: Won’t rule out any options on FX

TOKYO: Japan’s Finance Minister Shunichi Suzuki said on Friday he would not rule out any options on currencies as...

Published 22 Sep, 2023 10:37am

Technology

Apple’s iPhone seen gaining market share in India as Pro model demand rises

Apple is expected to gain a larger share of India’s smartphone sales, with the high-end iPhone 15 Pro and Pro Max...

Published 22 Sep, 2023 10:33am

Mutual Funds

Indian bond yields to plunge after JPMorgan index inclusion

MUMBAI: Indian government bond yields are expected to fall sharply in the early session on Friday, after JPMorgan...

Published 22 Sep, 2023 10:30am

Mutual Funds

JGB yields trade lower ahead of BOJ decision

TOKYO: Japanese government bond yields were slightly lower on Friday ahead of the Bank of Japan (BOJ) policy...

Published 22 Sep, 2023 10:26am

Sports

Twice US World Cup champion Ertz bows out

Two-time World Cup champion Julie Ertz bid farewell to professional soccer with a 3-0 US victory over South Africa...

Published 22 Sep, 2023 10:24am

Markets

Goldman Sachs now expects BoE to maintain current peak policy rate till Q3 2024

Goldman Sachs said it expected the Bank of England (BoE) to hold its peak policy rate at 5.25% in November and...

Published 22 Sep, 2023 10:19am

Commodities

Wheat flat; set for biggest weekly drop in 1-1/2 months on supply pressure

SINGAPORE: Chicago wheat futures were largely unchanged on Friday, with the market on track for its biggest weekly...

Published 22 Sep, 2023 10:16am

Commodities

Palm languishes near 3-month low amid weaker rival oils

SINGAPORE: Malaysian palm oil futures languished near a three-month low on Friday and looked set to post their third...

Published 22 Sep, 2023 10:12am

Forex

Yen falls after BOJ stands pat on easy policy; dollar elevated

SINGAPORE: The yen fell on Friday after the Bank of Japan (BOJ) maintained its ultra-loose monetary policy stance in...

Published 22 Sep, 2023 10:11am

Commodities

Copper heads for weekly loss as hawkish US rate path spurs dollar

BENGALURU: London copper prices gained on Friday, having dropped to nearly four-month lows in the last session as...

Published 22 Sep, 2023 10:06am

Stocks

Asia stocks find footing, yen slides as BOJ holds the line

SINGAPORE: The Japanese yen slipped on Friday after the Bank of Japan (BOJ) stuck to ultra-easy monetary policy and...

Published 22 Sep, 2023 10:03am

Initially, Pakistan and GCC likely to sign FTAs on limited items

ISLAMABAD: Pakistan and Gulf Cooperation Council (GCC) are likely to sign the long-debated Free Trade Agreements...

Updated 22 Sep, 2023 10:01am

GST evaded through flying invoices estimated at Rs5-6trn

Use of fake/flying invoices to commit sales tax fraud increases after facilitation, automation and easy ways to get sales tax registrations

Updated 22 Sep, 2023 10:00am

Stocks

Indian shares inch up, but set for first weekly drop in four

BENGALURU: India’s benchmark indexes took a breather on Friday, edging up on the back of gains in banks and...

Published 22 Sep, 2023 09:49am

Stocks

Japan’s Nikkei cuts losses after BOJ keeps dovish status quo

TOKYO: Japan’s Nikkei share average cut early losses after the Bank of Japan kept stimulus unchanged on Friday and...

Published 22 Sep, 2023 09:48am

Forex

China’s yuan bounces on state bank support, offshore tightness

SHANGHAI/BEIJING: China’s yuan bounced against a buoyant dollar on Friday, underpinned by state bank support,...

Published 22 Sep, 2023 09:45am

Markets

BOJ keeps ultra-loose policy, dovish guidance on outlook

TOKYO: The Bank of Japan maintained ultra-low interest rates on Friday and a pledge to keep supporting the economy...

Published 22 Sep, 2023 09:41am

For increasing remittance inflows: SBP ups cash incentives for banks, MFBs and ECs

KARACHI: The State Bank of Pakistan (SBP) on Thursday announced increase in the financial incentives for banks,...

Updated 22 Sep, 2023 09:37am

Bullion Rate

Gold defies strength in US dollar, yields as global rates peak

Gold prices edged higher on Friday despite pressure from a stronger US dollar and bond yields, with investors...

Published 22 Sep, 2023 09:31am

Gathering of info from oil & ghee cos: SC upholds statutory powers of CCP

ISLAMABAD: There is no restriction on the Competition Commission of Pakistan’s general regulatory powers to call for...

Updated 22 Sep, 2023 09:13am

Levy of electricity duty: Under which law the notification was issued, SC asks Punjab govt

ISLAMABAD: The Supreme Court has asked the Punjab government to explain under which law the notification was issued...

Updated 22 Sep, 2023 09:12am

PSM sell-off: Only one bidder still showing interest, says Fawad

ISLAMABAD: There is a single bidder left which is still showing interest in the privatisation of Pakistan Steel...

Updated 22 Sep, 2023 09:11am

BR Research

Bill discounting: still no trust in the Rupee?

It seemed that the tough times were over. Just two months ago, foreign bill discounting transactions at commercial...

Published 22 Sep, 2023 08:47am

Shamshad lists factors behind SOEs’ Rs500bn losses

ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar on Thursday said external interference, lack of...

Updated 22 Sep, 2023 08:46am

BR Research

PPL - earnings galore in FY23

FY23 - it’s been a good year for the oil and gas exploration and production companies as the currency depreciation...

Published 22 Sep, 2023 08:44am

BR Research

Interview with Asif Akram, Chief Operating Officer - Systems Limited

‘We have to decouple service industry from manufacturing’ Asif Akram, the Chief Operating Officer at Systems...

Published 22 Sep, 2023 08:41am

Minister, retailers discuss steps aimed at boosting exports

ISLAMABAD: Minister of Commerce, Industries and Production, Gohar Ejaz, chaired a meeting with prominent retailers...

Updated 22 Sep, 2023 08:38am

BR’s refresher: your morning briefing for the day

Important updates from September 21, 2023

Published 22 Sep, 2023 08:38am

Companies

LCI to acquire approx 75.01pc shareholding of Lotte Chemical Ltd

KARACHI: Lucky Core Industries (LCI) has informed that Optimus Capital Management (Private) Limited, Manager to...

Updated 22 Sep, 2023 08:37am

Pakistan

PTI to challenge ECP decision

ISLAMABAD: As the Election Commission of Pakistan (ECP) announced that general elections in the country will take...

Updated 22 Sep, 2023 08:36am

Europe

Russian attack on Ukrainian town west of Donetsk injures 13

A Russian attack on a town west of Donetsk near Ukraine's eastern front has injured 13 people, including one pulled...

Published 22 Sep, 2023 04:11am

Opinion

‘Exodus’ from Pakistan

Recent times have witnessed much hype around the whole phenomenon of mass emigration -or as some like to term it the...

Published 22 Sep, 2023 03:33am

Opinion

Elusive macroeconomic stability

In a recent statement reportedly, interim finance minister Dr Shamshad Akhtar indicated that there were signs of...

Published 22 Sep, 2023 03:40am

Opinion

Grim challenges before 29th CJP

On completion of term of Justice Umar Ata Bandial as 28th Chief Justice of Pakistan (CJP), Justice Qazi Faez Isa ...

Published 22 Sep, 2023 03:40am

Editorials

Power sector is Achilles heel of economy

EDITORIAL: There is no respite from the increase in effective end-consumer electricity tariff. After 26 percent...

Published 22 Sep, 2023 03:40am

Editorials

Assassination of a Sikh rights activist

EDITORIAL: When last May a Sikh dissident Parmajit Singh was brazenly murdered in Lahore by Indian agents Western...

Published 22 Sep, 2023 03:40am

Pakistan

The Weather

KARACHI: The weather report on Thursday (September 21, 2023) and the forecast for Friday (September 22, 2023)...

Published 22 Sep, 2023 03:33am

Pakistan

JI chief urges people to ‘reject corrupt ruling elite’

LAHORE: Chief of Jamaat-e-Islami Siraj-ul-Haq has said that the prolonged rule of a select few families in Punjab ...

Published 22 Sep, 2023 03:33am

Technology

ABL partners with Synapsify & Fasset for Web 3.0 initiative

LAHORE: To remain at the forefront of innovation and uphold our commitment to providing the best digital banking...

Published 22 Sep, 2023 03:33am

Sports

National Under-19 tournament starts today

LAHORE: The best teenage talent will be in action once again, as the IInd round of National Under-19 Championship...

Published 22 Sep, 2023 03:33am

Technology

43rd edition of GITEX GLOBAL to take place from Oct 16 in Dubai

DUBAI: The surge in international demand has rallied the world’s largest tech and start-up event to scale even...

Published 22 Sep, 2023 03:33am

World

Israel, Saudi Arabia see progress on ties as Iran sounds warning

NEW YORK: Saudi Arabia and Israel voiced optimism Wednesday that they were moving closer to a historic normalization...

Published 22 Sep, 2023 03:33am

Rates

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday ...

Published 22 Sep, 2023 03:33am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (September 21, 2023). ========================== ...

Published 22 Sep, 2023 03:33am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (September 21, 2023). ======================== OFFER PRICE...

Published 22 Sep, 2023 03:33am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (September 21, 2023). ======================== OFFER PRICE...

Published 22 Sep, 2023 03:33am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (September 21, 2023). ======================== OFFER PRICE...

Published 22 Sep, 2023 03:33am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (September 21, 2023). ======================== OFFER PRICE...

Published 22 Sep, 2023 03:33am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (September 21, 2023). ======================== OFFER PRICE...

Published 22 Sep, 2023 03:33am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (September 21, 2023). ======================== OFFER PRICE...

Published 22 Sep, 2023 03:33am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Thursday (September 21, 2023). ======================== OFFER PRICE...

Published 22 Sep, 2023 03:33am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 22 Sep, 2023 03:33am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 22 Sep, 2023 03:33am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 22 Sep, 2023 03:33am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on...

Published 22 Sep, 2023 03:33am

Stocks

Nasdaq, S&P hit 1-month lows as rate worries lift yields

NEW YORK: The S&P 500 and the Nasdaq dropped to a more than one-month low on Thursday as a jump in Treasury...

Published 22 Sep, 2023 03:33am

Stocks

China stocks hit 10-month low on hawkish US Fed stance

HONG KONG: China and Hong Kong stocks slipped further on Thursday as risk sentiment was hit after the US Federal...

Published 22 Sep, 2023 03:33am

Pakistan

SNGPL crackdown in Punjab, KP, Islamabad: More domestic, commercial connections removed, fines imposed

LAHORE: During the ongoing crackdown against gas pilferers, the SNGPL continued raids in Punjab, Khyber Pakhtunkhwa...

Published 22 Sep, 2023 03:33am

Pakistan

IG Punjab orders crackdown against power thieves

LAHORE: Inspector General Police Punjab Dr Usman Anwar has issued orders to all RPOs, CPOs and DPOs to crackdown on...

Published 22 Sep, 2023 03:33am

Pakistan

Data ex-filtration: Indian group targeting Pakistani, Chinese state institutions

ISLAMABAD: The Cabinet Division has revealed that PatchWork — an Indian Advanced Persistent Threat (APT) group has...

Published 22 Sep, 2023 03:33am

Opinion

PARTLY FACETIOUS: The strange bed fellows being Naqvi sahib and the Noons

“I reckon there is something in Lahore water…” “Well it couldn’t be Karachi water right! I mean aren’t...

Published 22 Sep, 2023 03:33am

Pakistan

Cipher case: IK granted permission to meet his legal team

ISLAMABAD: The special court hearing the cipher case against Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, PTI...

Published 22 Sep, 2023 03:33am

Pakistan

NAB submits record of corruption cases to AC

ISLAMABAD: In light of a Supreme Court judgment that struck down amendments made to the accountability law, the...

Published 22 Sep, 2023 03:33am

Pakistan

Sharjeel praises Zardari’s ‘political wisdom’

KARACHI: PPP leader Sharjeel Inam Memon stated that PPP is prepared to engage with even its staunchest opponents for...

Published 22 Sep, 2023 03:33am

Pakistan

OGDCL and NUST forge strategic partnership

ISLAMABAD: In a landmark development to address critical exploration and production (E&P) issues, the Oil &...

Published 22 Sep, 2023 03:33am

Letters

This time India has gone too far

That this time India under the BJP/RSS combine has gone too far is a fact. And it must be ready to a pay a price for...

Published 22 Sep, 2023 03:33am

Pakistan

Election to be held in last week of Jan

ISLAMABAD: The electoral entity has finally announced that the general elections in the country would be held in the...

Published 22 Sep, 2023 03:33am

Pakistan

PML-N lauds announcement

ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) has welcomed the announcement made by the Election Commission of...

Published 22 Sep, 2023 03:33am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 22 Sep, 2023 03:33am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (September 21, 2023). ======================== OFFER PRICE...

Published 22 Sep, 2023 03:33am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (September 21, 2023). ======================== OFFER ...

Published 22 Sep, 2023 03:33am

Rates

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 22 Sep, 2023 03:33am

Rates

Dividend/Bonus Announcements

KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange....

Published 22 Sep, 2023 03:33am

Rates

Board meetings in progress

KARACHI: Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange....

Published 22 Sep, 2023 03:33am

Rates

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 22 Sep, 2023 03:33am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (September 21, 2023). ====================================...

Published 22 Sep, 2023 03:33am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Thursday (September 21, 2023)....

Published 22 Sep, 2023 03:33am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 22 Sep, 2023 03:33am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (September 21, 2023)....

Published 22 Sep, 2023 03:33am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (September 21, 2023)....

Published 22 Sep, 2023 03:33am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (September 21, 2023). ======================== Open ...

Published 22 Sep, 2023 03:33am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 21, 2023)....

Published 22 Sep, 2023 03:33am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (September 21, 2023). =======================================...

Published 22 Sep, 2023 03:33am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (September 21, 2023)...

Published 22 Sep, 2023 03:33am

Cotton & Textile

Cotton spot rate loses Rs200 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Thursday decreased the spot rate by Rs ...

Published 22 Sep, 2023 03:33am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (September 21, 2023)...

Published 22 Sep, 2023 03:33am

Energy

US natgas prices little changed

NEW YORK: US natural gas futures were little changed on Thursday as the market waited for direction from a federal...

Published 22 Sep, 2023 03:33am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 130,691 tonnes of cargo comprising 90,642 tonnes of import cargo and 40,049...

Published 22 Sep, 2023 03:33am

Commodities

Vietnam coffee trading sluggish

HANOI/BANDAR LAMPUNG: Coffee trading in Vietnam continued on a sluggish note this week due to empty stocks, with...

Published 22 Sep, 2023 03:33am

Commodities

China ferrous futures slump

MANILA: Prices of iron ore, steel and steelmaking ingredients in China slumped on Thursday, as risk sentiment was ...

Published 22 Sep, 2023 03:33am

Commodities

IGC raises corn crop forecast

LONDON: The International Grains Council (IGC) on Thursday raised its forecast for 2023/24 global corn production,...

Published 22 Sep, 2023 03:33am

Commodities

Asia rice: India’s export curbs stall trade

MUMBAI/HANOI/ BANGKOK/BANGLADESH: Vietnamese and Thai rice export rates declined further from recent highs this ...

Published 22 Sep, 2023 03:33am

Commodities

Japanese rubber futures higher

SINGAPORE: Japanese rubber futures recovered at closing on Thursday amid talks of quantitative trading strategies in...

Published 22 Sep, 2023 03:33am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 26.748...

Published 22 Sep, 2023 03:33am

Commodities

Palm oil hits three-month closing low

SINGAPORE: Malaysian palm oil futures ended at a three-month closing low on Thursday, mirroring steep declines in...

Published 22 Sep, 2023 03:33am

Energy

Oil up slightly; trade choppy as Russia fuel export ban boosts

NEW YORK: Oil prices were slightly higher in choppy trading on Thursday, rising as much as $1 a barrel after a...

Published 22 Sep, 2023 03:33am

Energy

SSGC’s response to ‘UFG – the elephant in the room’

KARACHI: This is with reference to the news article entitled ‘UFG – the elephant in the room’ carried by the...

Published 22 Sep, 2023 03:33am

Rates

PSX posts handsome gains

KARACHI: Pakistan Stock Exchange on Thursday opened on a dull note, however it turned bullish after the Election...

Published 22 Sep, 2023 03:33am

Money & Banking

Dollar edges up vs pound, euro on Fed support

NEW YORK: The US dollar edged higher against the pound and the euro on Thursday, a day after the Federal Reserve ...

Published 22 Sep, 2023 03:33am

Industry

Minister underscores need for expediting work on SEZs under CPEC projects

ISLAMABAD: Caretaker Minister for Planning, Development and Special Initiatives, Muhammad Sami Saeed, directed the...

Published 22 Sep, 2023 03:33am

Money & Banking

SBP revises three reporting returns at DAP

KARACHI: The State Bank of Pakistan (SBP) has revised three reporting returns at Data Acquisition Portal (DAP). As...

Published 22 Sep, 2023 03:33am

Companies

Endeavor Pakistan & TPL Maps’ ‘Chasing Impact’ event held in Lahore

LAHORE: Endeavor Pakistan, a leading global organization dedicated to fostering entrepreneurship and supporting...

Published 22 Sep, 2023 03:33am

Companies

Revolutionising the SUV Landscape: Hyundai’s Santa Fe is around the corner

LAHORE: Hyundai Nishat Motor (Private) Limited (HNMPL), the fastest-growing automotive manufacturer in Pakistan, is...

Published 22 Sep, 2023 03:33am

Taxes

Real estate sector: FTO asks FBR to stay vigilant against market prices

ISLAMABAD: The Federal Tax Ombudsman has strongly recommended to the Federal Board of Revenue (FBR) to remain...

Published 22 Sep, 2023 03:33am

Business & Finance

Annual meetings of IMF, WBG Board in October: WB invites Shamshad

ISLAMABAD: The World Bank’s Country Director Najy Benhassine has extended an invitation to caretaker Finance...

Published 22 Sep, 2023 03:33am

Business & Finance

Forex reserves rise

KARACHI: The country’s total liquid foreign exchange reserves increased by $ 108 million to $ 13.187 billion as of...

Published 22 Sep, 2023 03:33am

Business & Finance

Privatisation of SOEs: Minister explains mandate of caretaker govt

ISLAMABAD: A few buyers of state-owned entities (SOEs) claimed demurrage from the Privatisation Division for ...

Published 22 Sep, 2023 03:33am

Business & Finance

‘Tax rich more,’ IMF asks govt

NEW YORK: International Monetary Fund (IMF) Managing Director Kristalina Georgieva has called on the authorities in...

Published 22 Sep, 2023 03:33am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 12	277.86
USD PKR Interbank Buying / Aug 12	277.66
USD to Japanese Yen / Aug 13	159.33
USD to Swiss Franc / Aug 13	0.81
Pound Sterling to USD / Aug 13	1.35
Euro to USD / Aug 13	1.15
SOFR % / Aug 12	3.62

Stock	Volume
S&P 500 / Aug 12	7,748.50
Nasdaq / Aug 12	26,588.49
Dow Jones / Aug 12	53,770.27
India Sensex / Aug 13	77,689.35
Tokyo Nikkei / Aug 13	68,621.41
Hang Seng / Aug 13	25,406.75
FTSE 100 / Aug 13	10,788.71
Germany DAX 30 / Aug 13	26,428.08
France CAC40 / Aug 13	8,685.18

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 11	18,580
Gold 10 Grams PKR / Aug 12	397,750
Petrol/Litre / Aug 13	324.98
Crude Oil USD/Barrel / Aug 13	82.94
Gold Spot USD/Ounce / Aug 13	4,386.51
Diesel/Litre / Aug 13	382.79
Cotton US¢/pound / Aug 13	83.85

Gainers
Losers
Leaders

Stock	Price
Gammon Pak / Aug 13 Gammon Pakistan Limited(GAMON)	28.25 ▲ 2.57 (10.01%)
Ideal Dynamics / Aug 13 Ideal Dynamics Limited(IDEAL)	49.13 ▲ 4.47 (10.01%)
Leather Up Ltd. / Aug 13 Leather Up Limited(LEUL)	49.58 ▲ 4.51 (10.01%)
Al-Khair Gadoon / Aug 13 Al-Khair Gadoon Limited(AKGL)	79.51 ▲ 7.23 (10%)
Arctic Textile / Aug 13 Arctic Textile Mills Limited(ARCTM)	47.19 ▲ 4.29 (10%)
Aisha Steel (CPS) / Aug 13 Aisha Steel Mills Limited (CPS)(ASLCPS)	114.83 ▲ 10.44 (10%)
Asim Textile / Aug 13 Asim Textile Mills Limited(ASTM)	90.50 ▲ 8.23 (10%)
Buxly Paints / Aug 13 Buxly Paints Limited(BUXL)	336.04 ▲ 30.55 (10%)
J.A.Textile / Aug 13 J.A. Textile Mills Limited(JATM)	68.84 ▲ 6.26 (10%)
MACPAC Films / Aug 13 MACPAC Films Limited(MACFL)	73.07 ▲ 6.64 (10%)

Stock	Price
Supernet Tech. / Aug 13 Supernet Technologies Limited(STL)	29.87 ▼ -11.86 (-28.42%)
D.S. Ind. Ltd. / Aug 13 D.S. Industries Limited(DSIL)	13.56 ▼ -1.51 (-10.02%)
Universal Ins. / Aug 13 The Universal Insurance Company Limited(UVIC)	20.71 ▼ -2.3 (-10%)
Mughal Energy / Aug 13 Mughal Energy Limited(GEM)(GEMMEL)	27.20 ▼ -2.72 (-9.09%)
Beco Steel Ltd / Aug 13 Beco Steel Limited(BECO)	5.11 ▼ -0.46 (-8.26%)
Tri-Star Mutual / Aug 13 Tri-Star Mutual Fund Limited(TSMF)	17.14 ▼ -1.43 (-7.7%)
Asia Ins. / Aug 13 Asia Insurance Company Limited(ASIC)	39.82 ▼ -3.18 (-7.4%)
ARM Green Industries / Aug 13 ARM Green Industries Limited(ARMG)	55.60 ▼ -4.43 (-7.38%)
Shadman Cotton / Aug 13 Shadman Cotton Mills Limited(SHCM)	64.02 ▼ -4.9 (-7.11%)
Pak Tobacco / Aug 13 Pakistan Tobacco Company Limited(PAKT)	1,364.29 ▼ -96.5 (-6.61%)

Stock	Volume
Cnergyico PK / Aug 13 Cnergyico PK Limited(CNERGY)	247,072,281 ▲ 0.57
Beco Steel Ltd / Aug 13 Beco Steel Limited(BECO)	103,802,064 ▼ -0.46
Pak Refinery / Aug 13 Pakistan Refinery Limited(PRL)	40,235,369 ▲ 5.93
D.S. Ind. Ltd. / Aug 13 D.S. Industries Limited(DSIL)	39,092,471 ▼ -1.51
WorldCall Telecom / Aug 13 Worldcall Telecom Limited(WTL)	26,025,744 ▲ 0.01
Thatta Cement / Aug 13 Thatta Cement Company Limited(THCCL)	19,608,245 ▲ 3.36
B.O.Punjab / Aug 13 The Bank of Punjab(BOP)	16,204,913 ▲ 0.18
Hascol Petrol / Aug 13 Hascol Petroleum Limited(HASCOL)	15,337,298 ▼ -0.48
TPL Properties / Aug 13 TPL Properties Limited(TPLP)	15,140,554 ▼ -0.31
TPL Corp Ltd / Aug 13 TPL Corp Limited(TPL)	14,138,754 ▲ 0.53