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Pakistan Print 2023-11-21

Construction of flyovers featuring caretaker CM: LHC summons record of expenses for ad drive

Recorder Report Published November 21, 2023

LAHORE: The Lahore High Court on Monday summoned a complete record of the expenses incurred for an advertisement campaign of the construction of flyovers featuring the caretaker chief minister.

The court also directed the Lahore Development Authority (LDA) to present a complete record of the construction of the flyovers by the next hearing.

The court expressed concern over the spending from the public exchequer on advertisement campaigns of development projects featuring the image of Caretaker Chief Minister. The court observed that the money collected as taxes from the public should not be misused.

The court passed this order in a petition of a citizen, Hafiz Israrul Haq, challenging the actions taken to promote the caretaker chief minister on the construction of flyovers in the city.

LHC Lahore High Court Construction LDA Caretaker CM flyovers

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Stock	Price
Universal Ins. / Dec 5 The Universal Insurance Company Limited(UVIC)	7.95 ▲ 0.80 (11.19%)
Tri-Star Power / Dec 5 Tri-Star Power Limited(TSPL)	11.88 ▲ 1.00 (9.19%)
Trust Sec.& Brok. / Dec 5 Trust Securities & Brokerage Limited(TSBL)	12 ▲ 1.00 (9.09%)
First Elite Cap.Mod / Dec 5 First Elite Capital Modaraba(FECM)	3.50 ▲ 0.27 (8.36%)
National Refinery / Dec 5 National Refinery Limited(NRL)	332.98 ▲ 23.23 (7.50%)
Clover Pakistan / Dec 5 Clover Pakistan Limited(CLOV)	24.56 ▲ 1.71 (7.48%)
Pak Paper Prod / Dec 5 Pakistan Paper Products Limited(PPP)	65.80 ▲ 4.58 (7.48%)
National Silk / Dec 5 The National Silk & Rayon Mills Limited(NSRM)	30.67 ▲ 2.13 (7.46%)
JS Global Cap. / Dec 5 JS Global Capital Limited(JSGCL)	189 ▲ 13.09 (7.44%)
Tariq Corporation / Dec 5 Tariq Corporation Limited(TCORP)	19.15 ▲ 1.31 (7.34%)

Stock	Price
PICIC Ins.Ltd. / Dec 5 PICIC Insurance Limited(PIL)	0.86 ▼ -0.12 (-12.24%)
Unicap Modaraba / Dec 5 Unicap Modaraba(UCAPM)	1.75 ▼ -0.22 (-11.17%)
MithchellsFruit / Dec 5 Mitchells Fruit Farms Limited(MFFL)	225.64 ▼ -18.30 (-7.50%)
F.Credit & Inv / Dec 5 First Credit and Investment Bank Limited(FCIBL)	5.51 ▼ -0.43 (-7.24%)
F.Treet Manuf / Dec 5 First Treet Manufacturing Modaraba(FTMM)	3.61 ▼ -0.24 (-6.23%)
Janana D Mal / Dec 5 Janana De Malucho Textile Mills Limited(JDMT)	60.50 ▼ -3.32 (-5.20%)
Otsuka Pakistan / Dec 5 Otsuka Pakistan Limited(OTSU)	164.11 ▼ -8.05 (-4.68%)
Pervez Ahmed Co / Dec 5 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.82 ▼ -0.04 (-4.65%)
Chakwal Spinning / Dec 5 Chakwal Spinning Mills Limited(CWSM)	2.10 ▼ -0.10 (-4.55%)
Abdullah Shah / Dec 5 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	6.94 ▼ -0.30 (-4.14%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,079,786 ▲ 0.01
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,984,500 ▲ 0.25
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,810,103 ▼ -1.89
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,518,237 ▼ -1.54
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	22,669,534 ▲ 0.51
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	22,423,667 ▼ -0.01
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	22,192,000 ▲ 0.48
Hascol Petrol / Dec 5 Hascol Petroleum Limited(HASCOL)	21,466,500 ▲ 0.39
Fauji Foods Ltd / Dec 5 Fauji Foods Limited(FFL)	20,839,226 ▲ 0.21
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	20,714,512 ▼ -0.18

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 5	284.60
USD PKR Interbank Buying / Dec 5	284.20
USD to Japanese Yen / Dec 5	146.80
USD to Swiss Franc / Dec 5	0.87
Pound Sterling to USD / Dec 5	1.26
Euro to USD / Dec 5	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
Nasdaq / Dec 4	14185.50
FTSE 100 / Dec 4	7512.96
Dow Jones / Dec 4	36204.44
Germany DAX 30 / Dec 4	16404.76
France CAC40 / Dec 4	7332.59
India Sensex / Dec 5	69356.82
Tokyo Nikkei / Dec 5	32782.14
Hang Seng / Dec 5	16405.25

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 4	191701
Crude Oil USD/Barrel / Dec 5	73
Gold Spot USD/Ounce / Dec 5	2033.31
Cotton US¢/pound / Dec 5	78.78

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