News Archives for Latest - 2024-02-12

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Archive - 2024-02-12

Energy

IMF not onboard with energy ministry’s tariff rationalisation, circular debt management plans

Mission Chief Nathan Porter says circular debt ‘reduction plan’ entails fiscal risks given chain of transactions involved and would also continue use of supplementary grants

Updated 13 Feb, 2024 10:33pm

Movies & Music

Adnan Siddiqui starrer ‘Jamun Ka Darakht’ selected for Cannes World Film Festival

Writer Bee Gul and director Rafay Rashdi’s short film ‘Jamun Ka Darakht’ has been officially selected to screen at...

Published 12 Feb, 2024 11:20pm

Pakistan

PTI delegation meets President Alvi to discuss suspected ‘election irregularities’

Informs President that only 45 forms issued in different constituencies show "facts of the election results"

Updated 12 Feb, 2024 10:53pm

Stocks

Market shrugs off energy ministry’s post, KSE-100 loses nearly 3%

Lack of clarity on political front, delays and uncertainty on formation of new govt along with reports around circular debt management plan drive negative sentiment

Updated 12 Feb, 2024 10:52pm

World

Israel announces UN expert entry ban over October 7 comment

JERUSALEM: Israel on Monday announced a visa ban on the United Nations special rapporteur for the occupied...

Published 12 Feb, 2024 10:43pm

Exchange

Pakistan’s remittances clock in at $2.4bn in January, up 26% YoY

However, inflow increase only 1% on a monthly basis

Updated 12 Feb, 2024 10:40pm

Europe

EU’s Borrell urges Israel allies to stop sending weapons

BRUSSELS: EU foreign policy chief Josep Borrell on Monday urged allies of Israel – primarily the United States – to...

Published 12 Feb, 2024 10:37pm

Pakistan

Siraj-ul-Haq resigns from JI leadership

Jamaat-e-Islami (JI) Chief Siraj-ul-Haq on Monday stepped down from his post after his party failed to make an...

Updated 12 Feb, 2024 10:35pm

World

ICC prosecutor says ‘deeply concerned’ by Rafah bombing

THE HAGUE: The International Criminal Court’s chief prosecutor on Monday voiced deep concern about a possible...

Published 12 Feb, 2024 10:31pm

Pakistan

GDA not to take oath on 2 provincial seats won in Feb 8 elections: Pir Pagara

Announces sit-in at Hyderabad Bypass Road against "election-rigging"

Updated 12 Feb, 2024 10:19pm

Business & Economy

Pakistan ‘is bankrupt’ and ‘sinking deeper every year’: Atif Mian

Atif Mian, a noted Pakistani-American economist and currently a professor of Economics, Public Policy, and Finance...

Updated 12 Feb, 2024 10:18pm

Sports

Bangaldesh’s Najmul named as national cricket skipper

DHAKA: Bangladesh on Monday reappointed Najmul Hossain Shanto as national cricket captain for all three formats for...

Published 12 Feb, 2024 09:53pm

Stocks

US stocks stable ahead of consumer price data

NEW YORK: Wall Street stocks were little changed early Monday ahead of key US inflation data and a handful of major...

Published 12 Feb, 2024 08:56pm

Pakistan

Jahangir Khan Tareen resigns from IPP leadership, quits ‘politics altogether’

Istehkam-e-Pakistan Party (IPP) patron-in-chief Jahangir Khan Tareen announced his resignation from the party’s...

Updated 12 Feb, 2024 08:54pm

Pakistan

Delay in election results do not mean rigging: PM Kakar

Says mobile services were down and not internet, adding that the idea was never to manage information on any social space or other

Updated 12 Feb, 2024 08:51pm

Sports

India’s Rahul out of third Test vs England due to fitness issues

Indian batter KL Rahul has been ruled out of the third Test against England after failing a fitness Test and has...

Published 12 Feb, 2024 08:49pm

Energy

Oil slips after rally last week on Middle East, tight supply

LONDON: Oil prices slipped on Monday as investors indulged in some profit-taking after both benchmarks ended last...

Updated 12 Feb, 2024 08:45pm

Movies & Music

‘The New Look’ explores dark origins of French fashion

PARIS: The fashion world makes for eye-catching TV, but the makers of ‘The New Look’, about the origins of Dior and...

Published 12 Feb, 2024 06:36pm

Forex

Rupee closes marginally lower against US dollar

Currency settles at 279.33 in inter-bank market

Updated 12 Feb, 2024 06:32pm

Sports

Leipzig ‘not outsiders’ against Real Madrid, says coach Rose

LEIPZIG: RB Leipzig coach Marco Rose shut down suggestions his side would be outsiders when they host Real Madrid in...

Published 12 Feb, 2024 06:05pm

Stocks

European stocks mostly rise as earnings give way to data

LONDON: European stock markets mostly gained Monday after holiday-thinned trade in Asia, as investors awaited US...

Updated 12 Feb, 2024 06:00pm

Middle East

IMF, World Bank warn Gaza war, Red Sea attacks imperil global economy

DUBAI: The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping though the Red...

Published 12 Feb, 2024 05:58pm

Bullion Rate

Gold prices remain unchanged in Pakistan

Gold prices remain unchanged in Pakistan on Monday, while the yellow metal witnessed a slight decrease in the...

Published 12 Feb, 2024 05:52pm

Commodities

Bargain buying supports soybeans and corn after 3-year lows

HAMBURG: Chicago soybeans and corn rose on Monday on bargain buying after last week’s falls to three-year lows....

Published 12 Feb, 2024 05:47pm

Opinion

Unraveling the lipstick effect truth

Let’s get ourselves familiarized with the lipstick effect. It happens during the times of economic downturns and...

Updated 12 Feb, 2024 05:46pm

Sports

Atletico’s Morata sidelined by knee injury

MADRID: Atletico Madrid striker Alvaro Morata is set to be out of action for several weeks after his club on Monday...

Published 12 Feb, 2024 05:16pm

Sports

Japan’s Kubo extends Real Sociedad contract until 2029

MADRID: Japan international Takefusa Kubo signed a new contract with Real Sociedad on Monday that runs until 2029,...

Published 12 Feb, 2024 05:11pm

Asia

Death toll from Philippines landslide jumps to 68

MANILA: The death toll from a landslide in the southern Philippines has climbed to 68 as officials said on Monday...

Published 12 Feb, 2024 05:07pm

Energy

Attock Refinery postpones month-long closure over OGRA advice

Attock Refinery Limited (ATRL), a subsidiary of Attock Oil Company Limited, has decided to postpone its month-long...

Updated 12 Feb, 2024 05:06pm

Energy

Dawood Lawrencepur to sell entire stake in Tenaga Generasi to Artistic Milliners

The Board of Directors (BoD) of Dawood Lawrencepur Limited (DLL) has entered into a Share Purchase Agreement (SPA)...

Updated 12 Feb, 2024 05:06pm

Energy

Iraq committed to OPEC, will not produce more than 4mn bpd: minister

BAGHDAD: Iraq is committed to OPEC decisions and after its second voluntary cut announced in December it is also...

Published 12 Feb, 2024 05:02pm

Europe

Must pay special attention to containing Russian inflation: Putin

MOSCOW: Russian President Vladimir Putin on Monday said that special attention needed to be paid to containing price...

Published 12 Feb, 2024 04:58pm

Pinned

Access the updated results of Pakistan’s General Elections 2024 here

Click here for NA-wise, detailed results.

Published 12 Feb, 2024 04:10pm

Energy

Saudi minister says energy transition behind Aramco capacity halt

DHAHRAN, SAUDI ARABIA: Saudi Arabia decided to halt its oil capacity expansion plans because of the energy...

Published 12 Feb, 2024 04:02pm

Perspectives

Government-transition and PSX performance

More than 1/4th of the total market capitalisation of companies listed at the Pakistan Stock Exchange was added in...

Updated 12 Feb, 2024 04:01pm

Stocks

Indian shares drop on profit booking; small-, mid-caps add to pain

BENGALURU: Indian shares declined on Monday, weighed down by broad-based profit booking, while small- and mid-caps...

Published 12 Feb, 2024 03:56pm

Middle East

Relative of freed hostage appeals for Gaza deal

RAMAT GAN: A relative of a hostage freed overnight from Gaza appealed Monday for a broader deal between Israel and...

Updated 12 Feb, 2024 03:26pm

Pakistan

JI’s Hafiz Naeem vacates Sindh Assembly seat over alleged rigging

Jamaat-i-Islami Karachi chief Hafiz Naeem ur Rehman has relinquished his provincial assembly seat, PS-129, from...

Updated 12 Feb, 2024 03:24pm

Middle East

Israel frees two hostages in Rafah under cover of air strikes, Gaza health officials say 67 killed

DOHA/JERUSALEM: Israel freed two Israeli-Argentinian hostages in Rafah on Monday under the cover of airstrikes which...

Updated 12 Feb, 2024 03:21pm

Currency

Dollar steady, US inflation data tops this week’s bill

LONDON: The dollar was steady on Monday as a holiday in most major Asian markets subdued the start of what could...

Published 12 Feb, 2024 02:49pm

Stocks

Major Gulf markets gain after Israel says it ‘concluded’ Gaza strikes

Major stock markets in the Gulf rose in early trade on Monday after Israel said it had “concluded” a series of...

Published 12 Feb, 2024 02:42pm

Stocks

London stocks inch up tracking Wall Street gains; eye on BoE comments

UK shares edged higher on Monday as markets tracked the upbeat sentiment from Wall Street over the weekend, while...

Published 12 Feb, 2024 02:39pm

USA

US Defense Secretary Austin admitted to critical care, hospital says

US Secretary of Defense Lloyd Austin was admitted to a critical care unit in Washington on Sunday for treatment of...

Published 12 Feb, 2024 02:20pm

Sports

Swiatek puts past Doha titles to the back of her mind as she bids for three-peat

Iga Swiatek is going for a third straight Qatar Open title this week but the world number one said she is not coming...

Published 12 Feb, 2024 02:14pm

Europe

Turkish unemployment rate dips to 8.8% in December

ISTANBUL: Turkiye’s unemployment rate fell 0.1 percentage point month-on-month to 8.8% in December, official data...

Published 12 Feb, 2024 02:08pm

Companies

India’s SpiceJet to cut jobs, save $12mn annually

BENGALURU: Indian low-cost carrier SpiceJet said on Monday that it has started adopting measures to reduce its...

Published 12 Feb, 2024 02:02pm

Movies & Music

Taylor Swift in the spotlight on Super Bowl Sunday

LAS VEGAS: Pop superstar Taylor Swift chugged a drink, bit her nails, buried her face in her hands and hugged her...

Published 12 Feb, 2024 02:00pm

Movies & Music

Usher dazzles at Super Bowl halftime show with help from his friends

LAS VEGAS: Usher delivered a high-energy Super Bowl halftime show on Sunday that featured surprise appearances by...

Published 12 Feb, 2024 01:39pm

Middle East

WHO head concerned at attacks on Gaza’s Rafah

DUBAI: The World Health Organization head Tedros Adhanom Ghebreyesus on Monday reiterated calls for a ceasefire in...

Published 12 Feb, 2024 01:26pm

South Asia

Indian police block roads to halt farmers marching to New Delhi

NEW DELHI: Indian police on Monday blocked roads to halt farmers who were marching to New Delhi to press for the...

Published 12 Feb, 2024 01:14pm

South Asia

Two ex-Guantanamo prisoners return to Afghanistan

KABUL: Two former prisoners held at the US detention centre in Guantanamo Bay until 2017 returned to Afghanistan on...

Published 12 Feb, 2024 11:57am

Technology

Google pledges 25 million euros to boost AI skills in Europe

LONDON: Google has pledged 25 million euros ($26.98 million) to help people in Europe learn to use artificial...

Published 12 Feb, 2024 11:25am

Commodities

Soybeans, corn hover near 3-year lows as speculators bet on lower prices

CANBERRA: Chicago soybeans and corn futures rose on Monday but remained near three-year lows as demand in top...

Published 12 Feb, 2024 11:21am

Stocks

Australian shares end lower as healthcare, commodity stocks drag

Australian shares snapped a three-session winning streak on Monday, dragged by healthcare and commodity stocks, as...

Updated 12 Feb, 2024 11:17am

Europe

Ukraine destroys 14 of 17 Russia-launched drones: Ukraine air force

Ukraine’s air defence systems destroyed 14 out of 17 drones that Russia launched overnight and one Kh-59 cruise...

Published 12 Feb, 2024 10:37am

Stocks

Asian FX, stocks largely steady in light Lunar New Year trade

Emerging Asian currencies and equities were subdued on Monday, with the Lunar New Year holiday keeping volumes light...

Published 12 Feb, 2024 10:31am

South Asia

North Korea develops new rocket launcher controller

SEOUL: North Korea has successfully developed a new ballistic control system for a multiple rocket launcher along...

Published 12 Feb, 2024 10:16am

President speaks of criticality of ‘true mandate’

Congratulates people on taking part in the voting process during the general elections

Updated 12 Feb, 2024 10:11am

Selling imported urea thru local firms: Cabinet approves principles of basket price mechanism

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved principles of basket price...

Updated 12 Feb, 2024 10:10am

Financial

India bond yields may inch higher tracking US peers, inflation data key

MUMBAI: Indian government bond yields may inch marginally higher early on Monday, tracking elevated U.S. yields,...

Published 12 Feb, 2024 10:10am

Legal opinion sought on transfer of OGDCL shares held with PC

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) has sought opinion of Law Ministry on a proposal meant to...

Updated 12 Feb, 2024 09:57am

ECP bars ROs from issuing results for 10 NA, 16 PA seats

ISLAMABAD: The Election Commission of Pakistan (ECP) on Sunday barred returning officers (ROs) from issuing results...

Updated 12 Feb, 2024 09:57am

Commodities

Gold takes pause in light trading; eyes on Fed in data-packed week

Gold prices steadied in a tight range on Monday in holiday-thinned trading, as investors awaited remarks from a slew...

Published 12 Feb, 2024 09:55am

Commodities

Copper edges lower; China closed for New Year

NEW DELHI: Copper prices dropped slightly on Monday on reduced demand from China, the top consumer, which was closed...

Published 12 Feb, 2024 09:53am

Currency

Indian rupee inches up in muted early trade; awaits inflation data, Fedspeak

MUMBAI: The Indian rupee inched higher on Monday amid muted early trading, with most Asian markets closed, and as...

Published 12 Feb, 2024 09:51am

South Asia

Qatar frees eight Indians months after dropping death sentences

NEW DELHI: Qatar has released eight Indian ex-naval officers after dropping their death sentences, India’s foreign...

Published 12 Feb, 2024 09:48am

Stocks

Indian shares off to a muted start; energy stocks drag

BENGALURU: Indian shares were off to a muted start on Monday, weighed by energy stocks on lacklustre results from...

Published 12 Feb, 2024 09:36am

BR’s refresher: your morning briefing for the day

Important updates from February 10 and February 11, 2024

Published 12 Feb, 2024 09:09am

BR Research

MCB: High(est) profits – low(est) ADR

MCB Bank Limited (MCB)recorded a historic profit of Rs59.6 billion – while continuing with its rich history of high...

Published 12 Feb, 2024 08:58am

BR Research

Security Papers Limited

Security Papers Limited (PSX: SEPL) was established as a joint venture company of Pakistan, Iran, and Turkey in...

Published 12 Feb, 2024 08:55am

What’s next in election deadlock?

ISLAMABAD: National election ended with no party winning a majority in parliament, in polls marred by militant...

Updated 12 Feb, 2024 08:43am

‘Independents’ bag 101, PML-N gets 75 seats

ISLAMABAD: Pakistan Tehreek-e-Insaf-backed independents won 93 National Assembly seats, while Pakistan Muslim...

Updated 12 Feb, 2024 08:42am

Transfer of power: Solangi says there was a procedure

ISLAMABAD: Caretaker Minister for Information, Broadcasting and Parliamentary Affairs Murtaza Solangi on Sunday said...

Updated 12 Feb, 2024 08:41am

Yemen to receive 2nd $250m tranche of Saudi grant soon

DUBAI: Yemen will receive a second $250 million instalment from a Saudi one-year $1 billion grant on Sunday or...

Updated 12 Feb, 2024 08:40am

‘Form-47’ removed from ECP website

ISLAMABAD: The Election Commission of Pakistan (ECP) on Sunday removed the Form 47 section from its website in light...

Updated 12 Feb, 2024 08:40am

Business & Finance

Global transport of goods: Red Sea crisis causing severe disruptions

LONDON: The International Maritime Organization (IMO) is working “tirelessly” to solve the Red Sea crisis, which is...

Updated 12 Feb, 2024 08:39am

UN agency says aid shipment blocked in Israeli port

OCCUPIED JERUSALEM: The main United Nations agency providing aid to Palestinians in Gaza is facing growing...

Updated 12 Feb, 2024 08:38am

Opinion

Navigating through political turmoil, uncertainty

The public at large has spoken, as independents backed by Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) have emerged...

Published 12 Feb, 2024 06:26am

Opinion

Lack of economics behind politics

The marriage between politics and economics is well established globally though in Pakistan political parties’...

Published 12 Feb, 2024 06:26am

Editorials

The challenge ahead

EDITORIAL: As the dust begins to settle on what has proved to be a very closely contested general election, the...

Published 12 Feb, 2024 06:25am

Editorials

PBC makes some fair points

EDITORIAL: It’s unfortunate that Pakistan Business Council’s (PBC’s) recommendations about generating fairer...

Published 12 Feb, 2024 06:25am

Pakistan

The Weather

KARACHI: The weather report on Sunday (February 11, 2024) and the forecast for Monday (February 12, 2024)....

Published 12 Feb, 2024 06:26am

Supplements

45th Anniversary of Islamic Revolution in IRAN: Message from Hassan Nourian, Consul General of the Islamic Republic of Iran in Karachi

The Iranian nation is observing the 45th anniversary of the victory of the Islamic Revolution which is considered ...

Published 12 Feb, 2024 06:26am

Europe

Greta Thunberg joins banned French anti-motorway protest

SAÏX, (France): Climate activist Greta Thunberg Saturday joined a banned anti-motorway protest where police had...

Published 12 Feb, 2024 06:26am

World

EU council president denounces Trump’s ‘reckless’ NATO threat

BRUSSELS: Donald Trump’s threat to stop defending NATO countries that fall short of spending commitments if...

Published 12 Feb, 2024 06:26am

World

King Charles attends church in first public outing since cancer diagnosis announced

SANDRINGHAM, (England): Britain’s King Charles attended church on Sunday in his first public outing since...

Published 12 Feb, 2024 06:26am

World

Palestinian refugees in West Bank fear UNRWA closure

JERUSALEM: In refugee camps in the Israeli-occupied West Bank, Palestinians relying on the UN agency UNRWA for...

Published 12 Feb, 2024 06:26am

World

US military strikes more missiles in Yemen

WASHINGTON: The US military said Sunday it had struck more devices and missiles in Huthi-controlled areas of Yemen...

Published 12 Feb, 2024 06:26am

Sports

Lahore Qalandars gearing up for 9th edition of HBL-PSL

LAHORE: HBL Pakistan Super League (PSL), a marquee fixture in Pakistan’s cricketing calendar, has captured the...

Published 12 Feb, 2024 06:26am

Pakistan

SCF signs LoU with Sindh govt on training of 3,000 women cotton workers

HYDERABAD: Sindh Community Foundation has signed Letter of Understanding with Directorate of Literacy and Non Formal...

Published 12 Feb, 2024 06:26am

Technology

‘Pakistan is capable of becoming AI development hub in South Asia’

BEIJING: Dr Wu Jun, the Director of CPInS Lab Sunday said that Pakistan through further cooperation with China, was...

Published 12 Feb, 2024 06:26am

World

Trump threatens to ‘encourage’ attack of NATO members behind on payments

WASHINGTON: White House hopeful Donald Trump said on Saturday he would “encourage” Russia to attack members of...

Published 12 Feb, 2024 06:26am

World

US judge orders Elon Musk to testify in SEC’s Twitter probe

NEW YORK: A federal judge ordered Elon Musk to testify again in the US Securities and Exchange Commission’s probe...

Published 12 Feb, 2024 06:26am

World

Iran marks Islamic revolution with demand to expel Israel from UN

TEHRAN: Iran marked 45 years since its Islamic revolution with a ceremony Sunday in which President Ebrahim Raisi...

Published 12 Feb, 2024 06:26am

World

Thousands in Morocco protest ties with genocidal Israel

RABAT: Thousands of Moroccans on Sunday again took to the streets of their capital to call for an end to their...

Published 12 Feb, 2024 06:26am

World

Four Emirati soldiers, Bahraini officer killed in Somalia attack

DUBAI: Four Emirati soldiers and a Bahraini officer were killed following an attack in Somalia, where they were...

Published 12 Feb, 2024 06:26am

Pakistan

Punjab govt releases Rs88.6m for nursing college & hostel

LAHORE: The Punjab government has released a total amount of funds Rs. 88.6 millions for the reconstruction and...

Published 12 Feb, 2024 06:26am

Pakistan

Seven hurt as fire erupts at hospital

KARACHI: Seven persons sustained burn injuries as a fire broke out in the emergency centre of Sindh Government...

Published 12 Feb, 2024 06:26am

Pakistan

Lahore ranks 5th in global air pollution ranking

LAHORE: The provincial metropolis was the 5th most polluted place in the world on Sunday. According to the ...

Published 12 Feb, 2024 06:26am

Pakistan

ASI among six killed in Naudero

ISLAMABAD: Six people were killed and five injured on Sunday in a firing incident between two groups near Nodero...

Published 12 Feb, 2024 06:26am

Pakistan

Election duties: Commissioner seeks data of absent employees

KARACHI: Following the conclusion of the general elections 2024, the Karachi commissioner sought the government...

Published 12 Feb, 2024 06:26am

Pakistan

DC Murree urges tourists to follow traffic rules

RAWALPINDI: Deputy Commissioner (DC) Murree, Agha Zaheer Abbas Shirazi has urged the tourists to strictly abide by...

Published 12 Feb, 2024 06:26am

Pakistan

Need for formation of broad-based national govt stressed

KARACHI: Regretted that the widening political polarization following the results of the general election, Pasban...

Published 12 Feb, 2024 06:26am

Pakistan

Out-of-school children and street kids: Saylani Trust launches ‘Umeed Ki Kiran’ project

KARACHI: The non-profit Saylani Welfare International Trust has announced the launching of its new project “Umeed...

Published 12 Feb, 2024 06:26am

Pakistan

Political manoeuvring in Balochistan: Key players vie for CM’s seat

QUETTA: Balochistan’s political landscape simmers with contrasting scenes following the Thursday’s general...

Published 12 Feb, 2024 06:26am

Pakistan

852kg of hashish seized in Gwadar

GWADAR: The Anti-Narcotics Force (ANF) while conducting an intelligence-based operation recovered 852 kg of hashish...

Published 12 Feb, 2024 06:26am

Pakistan

PPP MNA arrested

HYDERABAD: A newly-elected member of the National Assembly belonging to Pakistan Peoples Party (PPP) from NA-227 in...

Published 12 Feb, 2024 06:26am

Pakistan

45th anniversary of Islamic Revolution of Iran observed

KARACHI: Celebration of 45th anniversary of Islamic Revolution of Iran and the grand ceremony of the National Day ...

Published 12 Feb, 2024 06:26am

Pakistan

PPP gets 84 PA seats, can easily form govt in Sindh

KARACHI: Pakistan People’s Party (PPP) has bagged a record 84 general seats of the Sindh Assembly as per ...

Published 12 Feb, 2024 06:26am

Pakistan

CM visits P&SHC Dept, inaugurates ‘Sehat Zindagi’

LAHORE: Chief Minister Punjab Mohsin Naqvi paid a visit to the Primary and Secondary Healthcare Department located ...

Published 12 Feb, 2024 06:26am

Pakistan

Religious places: Extensive security measures taken

LAHORE: Police has taken extensive security measures to ensure the protection of attendees coming for religious...

Published 12 Feb, 2024 06:26am

Pakistan

LESCO detects 484 power pilferers

LAHORE: Lahore Electric Supply Company (LESCO) has detected a total of 484 connections from where the customers were...

Published 12 Feb, 2024 06:26am

Pakistan

Zardari, Bilawal hold meeting at Lahore airport

LAHORE: Chairman of the Pakistan People’s Party (PPP), Bilawal Bhutto Zardari, and chairman of the Pakistan...

Published 12 Feb, 2024 06:26am

Pakistan

IG Punjab praises DG Khan police’s performance

LAHORE: Inspector General Police Punjab Dr. Usman Anwar encouraged DG Khan Police team for excellent performance in...

Published 12 Feb, 2024 06:26am

Stocks

Tokyo’s Nikkei inches up at close

TOKYO: Tokyo’s benchmark Nikkei index closed slightly higher on Friday, supported by gains from SoftBank Group,...

Published 12 Feb, 2024 06:26am

Stocks

Most Gulf markets in black on Fed rate cut bets

DUBAI: Most stock markets in the Gulf ended higher on Sunday, as US inflation data raised expectations of an ...

Published 12 Feb, 2024 06:26am

Stocks

UK stocks fall for second week

LONDON: UK stocks fell on Friday after a drop in Legal and General Group dragged the life insurance sector lower,...

Published 12 Feb, 2024 06:26am

Stocks

Wall Street Week Ahead: Market breadth suggests narrowing rally as S&P 500 hits records

NEW YORK: As the S&P 500 has soared to fresh highs, fewer stocks have been participating in the rally, stirring...

Published 12 Feb, 2024 06:26am

Letters

Solution lies with Nawaz Sharif

How ironic it is that a Pakistan Tehreek-e-Insaf (PTI)-backed candidate who owes his success to party founder Imran...

Published 12 Feb, 2024 06:26am

Pakistan

Many ‘heavyweights’ taste unexpected defeats in KP

PESHAWAR: The results of the General Election 2024 have surprised everyone because many major political parties from...

Published 12 Feb, 2024 06:26am

Pakistan

Nawaz-Shujaat meeting delayed till next week

LAHORE: The meeting between Pakistan Muslim League–Nawaz (PML-N) supremo Nawaz Sharif and Pakistan Muslim...

Published 12 Feb, 2024 06:26am

Pakistan

ANP’s Aimal Wali rejects poll results, demands vote recount

PESHAWAR: Awami National Party (ANP) has rejected the results of general elections and described it the worst...

Published 12 Feb, 2024 06:26am

Pakistan

Asma Jahangir’s death anniversary marked

LAHORE: The sixth death anniversary of iconic human rights advocate Asma Jahangir was observed across the country on...

Published 12 Feb, 2024 06:26am

Pakistan

Bilawal pays tribute to Asma Jahangir

ISLAMABAD: Chairman Pakistan People’s Party (PPP) Bilawal Bhutto Zardari has paid glowing tribute to Asma Jahangir...

Published 12 Feb, 2024 06:26am

Pakistan

PTI-backed ‘Independents’ win big in KP

PESHAWAR: Independents backed by the Pakistan Tehreek-e-Insaf (PTI) got the majority of seats in the Khyber...

Published 12 Feb, 2024 06:26am

Pakistan

Daesh terrorist killed in KP

ISLAMABAD: The security forces killed a high-value target, Surat Gul aka Saifullah, of Daesh in an ...

Published 12 Feb, 2024 06:26am

Pakistan

PTI holds protests in twin cities

ISLAMABAD: The supporters and independent candidates backed by Pakistan Tehreek-e-Insaf (PTI) on Sunday staged...

Published 12 Feb, 2024 06:26am

Pakistan

Will opt for opposition if Bilawal does not become PM: PPP

LAHORE: Pakistan Peoples Party (PPP) leader Faisal Karim Kundi asked his party leadership to opt for opposition if...

Published 12 Feb, 2024 06:26am

Pakistan

Country still in the throes of political turmoil

ISLAMABAD: Police warned Sunday they would come down hard on illegal gatherings after the party of jailed former...

Published 12 Feb, 2024 06:26am

Pakistan

PML-N, MQM-P agree to continue talks on future roadmap

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) and Muttahida Qaumi Movement (MQM) have agreed on political...

Published 12 Feb, 2024 06:26am

Pakistan

PPP to discuss PML-N offer in its CEC meeting

LAHORE: Pakistan Peoples Party (PPP) leadership has decided to put the PML-N offer before the Central Executive...

Published 12 Feb, 2024 06:26am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday February 12, 2024

Published 12 Feb, 2024 06:25am

Business & Finance

IMF says Mideast growth to slow in 2024 on oil cuts, Gaza

DUBAI: The International Monetary Fund said on Sunday Middle East economies were lagging below growth projections ...

Published 12 Feb, 2024 06:25am

Business & Finance

US, UK ship investors hit by soaring Red Sea insurance

LONDON: War underwriters have raised the premiums they charge to US, British and Israeli firms by as high as 50% for...

Published 12 Feb, 2024 06:25am

Business & Finance

As China woes mount, investment banks brace for more Asia job cuts

HONG KONG: Job cuts at western investment banks in Asia are expected to increase this year as revenue pressures rise...

Published 12 Feb, 2024 06:25am

Business & Finance

BP bags bumper 2023 profits, rewards investors

LONDON: British energy giant BP logged multi-billion-dollar annual profits Tuesday despite lower oil prices and...

Published 12 Feb, 2024 06:25am

Money & Banking

Indian rupee weakens on dollar demand

MUMBAI: The Indian rupee ended weaker on Friday, pressured by dollar demand from importers, including local oil...

Published 12 Feb, 2024 06:25am

Money & Banking

Australia dlr in doldrums, kiwi climbs on RBNZ rate risk

SYDNEY: The Australian dollar was heading toward a fourth straight week of losses on Friday as concerns about...

Published 12 Feb, 2024 06:25am

Money & Banking

C$ retreats from 1-week high

TORONTO: The Canadian dollar edged lower against its US counterpart on Friday as domestic employment data showed ...

Published 12 Feb, 2024 06:25am

Commodities

Prices of essential food items in retail market remain high

PESHAWAR: Prices of essential food commodities, like live chicken/meat, vegetables, pulses, sugar, flour and others...

Published 12 Feb, 2024 06:25am

Cotton & Textile

Weekly Cotton Review: Prices continue to rise amid lacklustre business conditions

KARACHI: Cotton prices continued to rise during the previous week amid a limited business volume. There has been a...

Published 12 Feb, 2024 06:25am

Industry

FPCCI demands cost-effective, expanded rail cargo services

KARACHI: Atif Ikram Sheikh, President FPCCI, has demanded that Pakistan railways should offer reliable,...

Published 12 Feb, 2024 06:25am

Business & Finance

KPRA asked to meet revenue target

PESHAWAR: Khyber Pakhtunkhwa’s caretaker Minister for Finance, Revenue and Excise Ahmed Rasul Bangash directed...

Published 12 Feb, 2024 06:25am

Business & Finance

Abu Dhabi Dialogue brings under focus issues pertaining to labour mobility, women’s jobs: envoy

ISLAMABAD: Pakistan’s Ambassador to the United Arab Emirates (UAE) Faisal Niaz Tirmizi on Sunday while ...

Published 12 Feb, 2024 06:25am

Taxes

Fiscal trajectory: Expert underscores role of taxation

PESHAWAR: Muhammad Umair Zeb, a leading tax expert has underscored the pivotal role of taxation in shaping the...

Published 12 Feb, 2024 06:25am

Business & Finance

Digital economy promotion: Roadmap prepared for next govt: minister

ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunication Dr. Umar Saif has said that...

Published 12 Feb, 2024 06:25am

Rates

PKR makes small gains

KARACHI: The rupee gained marginally during the shortened previous week as it appreciated Re0.13 or 0.04% against ...

Published 12 Feb, 2024 06:25am

Rates

Futures spread up 1020bps

KARACHI: The futures spread increased by 1020bps to 22.38 percent on the last day of the outgoing week. Trading...

Published 12 Feb, 2024 06:25am

Rates

PSX witnesses mixed trend

KARACHI: Pakistan Stock Exchange witnessed mixed trend during the outgoing three-day trading week ended on February...

Published 12 Feb, 2024 06:25am

Industry

PFC delegation leaves for USA

LAHORE: Pakistan Furniture Council (PFC) delegation Sunday left for Las Vegas, USA, to partake in a three-day expo...

Published 12 Feb, 2024 06:25am

Europe

Ukraine aid package clears key procedural vote in US Senate

WASHINGTON: A sweeping US foreign aid package, including $60 billion for Ukraine, passed a key procedural vote in ...

Published 12 Feb, 2024 12:45am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 7	277.91
USD PKR Interbank Buying / Aug 7	277.71
USD to Japanese Yen / Aug 7	157.76
USD to Swiss Franc / Aug 7	0.81
Pound Sterling to USD / Aug 7	1.35
Euro to USD / Aug 7	1.16
SOFR % / Aug 7	3.65

Stock	Volume
S&P 500 / Aug 7	7,757.64
India Sensex / Aug 7	78,499.17
Tokyo Nikkei / Aug 7	65,606.71
Nasdaq / Aug 7	26,690.62
Hang Seng / Aug 7	25,668.03
FTSE 100 / Aug 7	10,901.09
Dow Jones / Aug 7	54,036.93
Germany DAX 30 / Aug 7	26,319.45
France CAC40 / Aug 7	8,714.93

Item	Value
Crude Oil USD/Barrel / Aug 7	78.18
Karachi Cotton PKR/37.32 KG / Aug 7	18,580
Gold 10 Grams PKR / Aug 7	389,519
Gold Spot USD/Ounce / Aug 7	4,341.56
Cotton US¢/pound / Aug 7	84.40
Petrol/Litre / Aug 8	329.82
Diesel/Litre / Aug 8	382.36

Gainers
Losers
Leaders

Stock	Price
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	13.84 ▲ 1.26 (10.02%)
Secure Logistics-Trax Group / Aug 7 Secure Logistics-Trax Group Limited(SLGL)	17.68 ▲ 1.61 (10.02%)
First Tri-Star Mod. / Aug 7 First Tri-Star Modaraba(FTSM)	46.39 ▲ 4.22 (10.01%)
Asim Textile / Aug 7 Asim Textile Mills Limited(ASTM)	61.81 ▲ 5.62 (10%)
Buxly Paints / Aug 7 Buxly Paints Limited(BUXL)	229.52 ▲ 20.87 (10%)
Frieslandcampina / Aug 7 Frieslandcampina Engro Pakistan Limited(FCEPL)	121.30 ▲ 11.03 (10%)
Faisal Sp. / Aug 7 Faisal Spinning Mills Limited(FASM)	358.06 ▲ 32.55 (10%)
Aisha Steel (CPS) / Aug 7 Aisha Steel Mills Limited (CPS)(ASLCPS)	78.43 ▲ 7.13 (10%)
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	6.80 ▲ 0.59 (9.5%)
Imperial Limited / Aug 7 Imperial Limited(IML)	23.48 ▲ 1.98 (9.21%)

Stock	Price
Fateh Sports / Aug 7 Fateh Sports Wear Limited(FSWL)	159.49 ▼ -16.5 (-9.38%)
Trust Mod. / Aug 7 Trust Modaraba(TRSM)	18.57 ▼ -1.68 (-8.3%)
Asia Ins. / Aug 7 Asia Insurance Company Limited(ASIC)	42.43 ▼ -3.56 (-7.74%)
Shams Textile / Aug 7 Shams Textile Mills Limited(STML)	52.52 ▼ -4.29 (-7.55%)
Dar-es-Salaam / Aug 7 Dar-es-Salaam Textile Mills Limited(DSML)	22.17 ▼ -1.69 (-7.08%)
J.A.Textile / Aug 7 J.A. Textile Mills Limited(JATM)	52.77 ▼ -3.97 (-7%)
Tri-Star Power / Aug 7 Tri-Star Power Limited(TSPL)	17.35 ▼ -1.25 (-6.72%)
Gadoon Textile / Aug 7 Gadoon Textile Mills Limited(GADT)	341.05 ▼ -21.04 (-5.81%)
AKD Hospitality / Aug 7 AKD Hospitality Limited(AKDHL)	150.79 ▼ -9.21 (-5.76%)
Dadabhoy Cement / Aug 7 Dadabhoy Cement Industries Limited(DBCI)	14.47 ▼ -0.88 (-5.73%)

Stock	Volume
Cnergyico PK / Aug 7 Cnergyico PK Limited(CNERGY)	161,177,862 ▲ 0.69
B.O.Punjab / Aug 7 The Bank of Punjab(BOP)	52,334,090 ▲ 0.46
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	24,216,535 ▲ 0.59
Pace (Pak) Ltd. / Aug 7 Pace (Pakistan) Limited(PACE)	20,061,794 ▲ 0.32
Nishat Chun.Pow. / Aug 7 Nishat Chunian Power Limited(NCPL)	18,254,792 ▲ 0.7
Nishat Power / Aug 7 Nishat Power Limited(NPL)	15,207,765 ▼ -0.2
Unity Foods Ltd / Aug 7 Unity Foods Limited(UNITY)	15,156,912 ▼ -0.39
Hascol Petrol / Aug 7 Hascol Petroleum Limited(HASCOL)	13,781,842 ▲ 0.35
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	12,582,914 ▲ 1.26
Maple Leaf Cement / Aug 7 Maple Leaf Cement Factory Limited(MLCF)	12,492,335 ▼ -1.02