News Archives for Print - 2022-03-03

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Print - 2022-03-03

PM’s meeting with Chaudharys ‘deflates opposition’s balloon’: says Rashid

ISLAMABAD: As the government had a sigh of relief after Prime Minister Imran Khan’s meeting with the Chaudharys of...

Published 03 Mar, 2022 04:39am

Pope Francis to be urged to visit Pakistan: Ashrafi

ISLAMABAD: Prime Minister’s Special Representative for Interfaith Harmony and Middle East Hafiz Tahir Mahmood...

Published 03 Mar, 2022 04:39am

BNP revives agreement: 5-star Grand Hyatt Hotel to be built in Islamabad

ISLAMABAD: BNP Pvt Ltd has agreed for revival agreement with Grand Hyatt to build five-star hotel at ONE ...

Updated 03 Mar, 2022 10:51am

Fazl says PDM optimistic about no-trust move’s prospects

ISLAMABAD: The head of the main opposition alliance, the Pakistan Democratic Movement (PDM), Maulana Fazlur Rehman...

Published 03 Mar, 2022 04:39am

Auction for Nawaz’s property: NAB granted time to submit reply

ISLAMABAD: An Accountability Court on Wednesday granted time to the National Accountability Bureau (NAB) to submit a...

Published 03 Mar, 2022 04:39am

PM’s subsidy decision: PD asks Ogra to calculate amount of OMCs’ PDC receivable

ISLAMABAD: Amid Oil Companies Advisory Council (OCAC) demand for removal of price differential claim (PDC) and a...

Published 03 Mar, 2022 04:39am

PSDP Senate body approves all budgetary proposals

ISLAMABAD: The Senate Standing Committee on Defence, on Wednesday, approved all the budgetary proposals worth Rs36...

Published 03 Mar, 2022 04:39am

Creating viable finance mechanisms: Baqir underscores need for reaching out to unserved areas of Balochistan, KP

ISLAMABAD: State Bank of Pakistan (SBP) Governor Reza Baqir said Wednesday that a viable mechanism should be chalked...

Updated 03 Mar, 2022 10:56am

PM likely to visit Germany in May

ISLAMABAD: Prime Minister Imran Khan is likely to visit Germany in May 2022, during which bilateral relations and...

Published 03 Mar, 2022 04:39am

PARTLY FACETIOUS: It’s an algebra equation

“It’s not clear who the Chaudharys of Gujrat are going to support — The Khan or the ...

Published 03 Mar, 2022 04:39am

US Consulate, IMSciences Peshawar sign MoU

PESHAWAR: United States Consul General Richard H. Riley and the Institute of Management Sciences (IMSciences) Joint...

Published 03 Mar, 2022 04:39am

Punjab CM announces Rs2.5bn for 28 nursing colleges

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has announced to give Rs 2.5 billion to 28 nursing colleges along...

Published 03 Mar, 2022 04:39am

Implementation of PM’s initiatives: Tahir Mahmood designated as chief coordinator

ISLAMABAD: Prime Minister Imran Khan has designated Tahir Mahmood, as Chief Coordinator, Prime Minister’s Special...

Published 03 Mar, 2022 04:39am

Bilawal gets a rousing welcome in Punjab

LAHORE: Chairman Pakistan Peoples Party Bilawal Bhutto Zardari entered Punjab on Wednesday amidst a rousing welcome...

Published 03 Mar, 2022 04:39am

SCBA condemns ‘social media campaign’ against CJ IHC

ISLAMABAD: The Supreme Court Bar Association (SCBA) strongly condemned a social media campaign against the chief...

Published 03 Mar, 2022 04:39am

Sindh Governor signs Students Union Restoration Bill 2019 into law

KARACHI: Sindh Governor Imran Ismail has signed the Students Union Restoration Bill 2019, received from the...

Published 03 Mar, 2022 04:39am

Petroleum Division prepares draft ‘Model Production Sharing Agreement’

ISLAMABAD: Petroleum Division has prepared draft Model Production Sharing Agreement (MPSA) with upward revision in...

Published 03 Mar, 2022 04:39am

Sindh CM approves proposal: 7,500 repeat offenders to be e-tagged in first phase

KARACHI: Sindh Chief Minister Syed Murad Ali Shah Wednesday approved a police plan to introduce E-tagging of repeat...

Published 03 Mar, 2022 04:39am

Street crimes in Karachi: JI to hold protest demos outside 40 police stations

KARACHI: Jamaat-e-Islami (JI) Karachi on Wednesday announced to hold protest demonstrations outside 40 police...

Published 03 Mar, 2022 04:39am

German CG, wife celebrate ‘Baloch Culture Day’

KARACHI: On the occasion of Baloch Culture Day, celebrating Pakistan’s incredible diversity the German Consul...

Published 03 Mar, 2022 04:39am

CSR Conference held: Business community urged to set up vocational training centres

KARACHI: The CSR Conference 2022 was held at a local hotel Wednesday. The chief guest of the inaugural session, Dr...

Published 03 Mar, 2022 04:39am

Two years into the pandemic, is the end in sight?

Two years after the official start of the pandemic, some countries are now trying to “live with Covid”, however...

Published 03 Mar, 2022 04:39am

How about a ‘Startup Amnesty’?—II

Startup amnesty policy needs to be simple and easy: invest in Startups and get away with questions on money trail,...

Published 03 Mar, 2022 04:39am

Assets held abroad: Misinterpretation of law

There were the Panama Leaks in 2017 followed by the Paradise Leaks and Pandora Leaks. Now there is a Swiss Leak...

Updated 03 Mar, 2022 09:58am

Fine points about new amnesty scheme

Having failed to honour his word and bring back all the wealth looted from the country and stashed in foreign...

Published 03 Mar, 2022 04:39am

Letters

The Russia-Ukraine conflict

The crisis in Ukraine should be resolved peacefully and the Russian concerns of threats to their security can be...

Published 03 Mar, 2022 04:39am

Senator hits out at Rashid for not responding to plight of imprisoned girl in India

ISLAMABAD: Senator Irfan Siddiqui has revealed that Pakistani Interior Ministry was informed about Pakistani girl...

Published 03 Mar, 2022 04:39am

PANAH holds awareness session on ‘World Obesity Day’

KARACHI: An important awareness programme was organised by Pakistan National Heart Association (PANAH) in ...

Published 03 Mar, 2022 04:39am

PECA ordinance issue: Elahi should play role of mediator: Fawad

LAHORE: Speaker Punjab Assembly and the PML-Q senior leader Chaudhry Pervez Elahi called Minister for Information ...

Published 03 Mar, 2022 04:39am

Russia pounds Ukrainian cities as advances stall

KYIV/KHARKIV, (Ukraine): Ukrainians said on Wednesday they were battling on in the port of Kherson, the first...

Published 03 Mar, 2022 04:39am

In Israel, Germany’s Scholz says Iran deal ‘cannot be postponed’

OCCUPIED JERUSALEM: Germany’s Olaf Scholz said Wednesday that a new Iran nuclear agreement “cannot be postponed...

Published 03 Mar, 2022 04:39am

Middle East

Yemeni Houthi rebel strike kills nine Sudanese troops

DUBAI: A Yemeni Huthi rebel strike on a military camp in the country’s northwest killed nine Sudanese soldiers ...

Published 03 Mar, 2022 04:39am

Covid has taken severe mental health toll: WHO

GENEVA: The Covid pandemic has taken a dire toll on mental health, the WHO said Wednesday, indicating that cases of...

Published 03 Mar, 2022 04:39am

Europe

France stops foreign legionnaires heading towards Ukraine

PARIS: The French army has prevented 14 Ukrainian members of the Foreign Legion from travelling east with the...

Published 03 Mar, 2022 04:39am

Milk prices in Karachi likely to soar

KARACHI: Milk price in Karachi is likely to touch Rs200 per litre, said President Dairy and Cattle Farmers...

Published 03 Mar, 2022 04:39am

Expo 2020 Dubai: Fatima Fertilizer celebrates inspiring Pakistani female farmers

KARACHI: Fatima Fertilizer celebrates exceptionally inspiring Pakistani female farmers at the Expo 2020 Dubai. ...

Published 03 Mar, 2022 04:39am

There’s need to reduce water waste

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum,...

Published 03 Mar, 2022 04:39am

PKIC, RJ Fleming join hands to launch private equity fund

KARACHI: The Kuwait Investment Authority’s joint venture with the Pakistan Government, Pakistan Kuwait Investment...

Published 03 Mar, 2022 04:39am

The Weather

KARACHI: The weather report on Wednesday (March 2, 2022) and the forecast for Thursday (March 3, 2022)....

Published 03 Mar, 2022 04:39am

Rates

Equities turn red

KARACHI: Pakistan Stock Exchange Wednesday witnessed a bearish trend due to selling in almost all sectors on ...

Published 03 Mar, 2022 04:39am

Grains

Sindh govt decides to procure 1.4MMTs of wheat

KARACHI: Sindh Chief Minister Syed Murad Ali Shah approved immediate release of Rs5.6 billion to start procurement ...

Published 03 Mar, 2022 04:39am

Energy

VLSFO cash premiums rise to near 3-month high

SINGAPORE: Asia’s cash premiums for 0.5% very low-sulphur fuel oil (VLSFO) climbed for a fifth straight session on...

Published 03 Mar, 2022 04:39am

Energy

Asia’s naphtha margin scales new peak

NEW DELHI: Asia’s naphtha refining margins jumped to a fresh peak on Wednesday, as prices soared over supply...

Published 03 Mar, 2022 04:39am

Energy

US natgas jumps on surging global oil, gas prices concerns

NEW YORK: US natural gas futures rose 5% on Tuesday, gaining some rare support from surging global oil and gas ...

Published 03 Mar, 2022 04:39am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 97,017 tonnes of cargo comprising 49,653 tonnes of import cargo and 47,364...

Published 03 Mar, 2022 04:39am

Stocks

Wall St rallies over 1pc as Powell says rate hikes on track

NEW YORK: U.S. stock indexes rallied more than 1% on Wednesday as Federal Reserve Chair Jerome Powell signaled the...

Published 03 Mar, 2022 04:39am

Stocks

Australian shares end higher as Ukraine crisis boosts commodity prices

SYDNEY: Australian shares closed higher after a volatile session of trading on Wednesday, with mining and energy...

Published 03 Mar, 2022 04:39am

Stocks

Dubai gains over 2pc; Saudi Aramco hits record high

DUBAI: Major Gulf bourses jumped on Wednesday with Dubai’s main index posting its best day in over three months as...

Published 03 Mar, 2022 04:39am

Stocks

EV makers pull China shares lower; Hong Kong falls to 2-year low

SHANGHAI: China shares closed lower on Wednesday, with new-energy vehicle makers leading losses as investors dumped...

Published 03 Mar, 2022 04:39am

Stocks

FTSE 100 rises on robust commodity stock gains

LONDON: UK’s FTSE 100 ended higher on Wednesday as shares of oil and industrial mining giants received a boost ...

Published 03 Mar, 2022 04:39am

Stocks

Indian rupee, stocks lead losses in Asia; Singapore bond yields slip

SINGAPORE: Most Asian emerging market currencies and stocks fell on Wednesday, led by the Indian rupee and equities...

Published 03 Mar, 2022 04:39am

Stocks

Japan shares snap three-day rally as sanctions on Russia hit sentiment

TOKYO: Japanese shares snapped a three-session rally to end lower on Wednesday, as growing concerns about the impact...

Published 03 Mar, 2022 04:39am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (March 2, 2022)...

Published 03 Mar, 2022 04:39am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (March 2, 2022). ======================================= Offset...

Published 03 Mar, 2022 04:39am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 2, 2022)....

Published 03 Mar, 2022 04:39am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (March 2, 2022). ======================== Open Bid ...

Published 03 Mar, 2022 04:39am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (March 2, 2022)....

Published 03 Mar, 2022 04:39am

Rates

THE RUPEE: PKR declines

KARACHI: Rising oil prices pushed Pakistan’s rupee lower against the US dollar, as the currency registered a...

Published 03 Mar, 2022 04:39am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Wednesday (March 2, 2022)....

Published 03 Mar, 2022 04:39am

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 03 Mar, 2022 04:39am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Wednesday (March 2, 2022)....

Published 03 Mar, 2022 04:39am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 03 Mar, 2022 04:39am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (March 2, 2022). ==================================== BR...

Published 03 Mar, 2022 04:39am

Stocks

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

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

Published 03 Mar, 2022 04:39am

Rates

BOARD MEETINGS

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

Published 03 Mar, 2022 04:39am

Rates

Dividend/Bonus Announcements

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

Published 03 Mar, 2022 04:39am

Stocks

Last date of renunciation/payment

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

Published 03 Mar, 2022 04:39am

Rates

Proposed right issues

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

Published 03 Mar, 2022 04:39am

Rates

Clearing Schedule for T+2 System

KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System....

Published 03 Mar, 2022 04:39am

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 03 Mar, 2022 04:39am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Wednesday

Published 03 Mar, 2022 04:39am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday

Published 03 Mar, 2022 04:39am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Wednesday

Published 03 Mar, 2022 04:39am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Wednesday

Published 03 Mar, 2022 04:39am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday

Published 03 Mar, 2022 04:39am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Wednesday

Published 03 Mar, 2022 04:39am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Wednesday

Published 03 Mar, 2022 04:39am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Wednesday

Published 03 Mar, 2022 04:39am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Wednesday

Published 03 Mar, 2022 04:39am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (March 2, 2022). ========================== KIBOR...

Published 03 Mar, 2022 04:39am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (March 2, 2022)....

Published 03 Mar, 2022 04:39am

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 03 Mar, 2022 04:39am

Forex

Open market rates of foreign currencies

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

Published 03 Mar, 2022 04:39am

‘Pro-economy’ ordinance promulgated

Income Tax Amendment Ordinance 2022 is ‘aimed at’ attracting FDI, reviving sick units and boosting industrial output

Updated 03 Mar, 2022 10:03am

Sick industrial units: ‘Carry forward’ of business losses allowed

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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