News Archives for Print - 2022-05-11

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Print - 2022-05-11

Son of late Philippine dictator wins presidency in landslide

MANILA: The son of late Philippine dictator Ferdinand Marcos cemented a landslide presidential election victory...

Published 11 May, 2022 04:58am

WHO chief says China’s zero-Covid policy not ‘sustainable’

LONDON: The head of the World Health Organization said on Tuesday China’s zero-tolerance COVID-19 policy is not...

Published 11 May, 2022 04:58am

UN condemns escalating violence in Sri Lanka

GENEVA: UN human rights chief Michelle Bachelet on Tuesday condemned the escalating violence in Sri Lanka amid the...

Published 11 May, 2022 04:58am

South Asia

Shoot-on-sight orders in Sri Lanka after deadly violence

COLOMBO: Sri Lankan authorities issued shoot-on-sight orders on Tuesday to quell further unrest a day after the...

Published 11 May, 2022 04:58am

Xi warns of confrontations arising from Ukraine crisis

BEJING: Confrontation between blocs resulting from the Ukraine crisis could become a bigger and more lasting threat...

Published 11 May, 2022 04:58am

South Asia

India among potential partners for Embraer turboprop

DUBLIN: Brazil’s Embraer is in talks with potential partners in India and elsewhere over proposals for a new...

Published 11 May, 2022 04:58am

Iran rules out prisoner exchange with Sweden

TEHRAN: Iran’s judiciary dismissed Tuesday the possibility of a prisoner swap that would see a former Iranian...

Published 11 May, 2022 04:58am

USA

Biden to blast Republicans as having no plan on inflation

WASHINGTON: US President Joe Biden will use a speech on inflation on Tuesday as an attempt to turn his Democratic...

Published 11 May, 2022 04:58am

Europe

Putin ‘likely’ to impose martial law in Russia to support war effort: US intelligence chief

WASHINGTON: President Vladimir Putin is expected to become more unpredictable and could order martial law in Russia...

Published 11 May, 2022 04:58am

US set to approve $40bn for Ukraine, warning of long war ahead

WASHINGTON: US lawmakers were set to begin debate Tuesday on a nearly $40 billion aid package for Ukraine as...

Published 11 May, 2022 04:58am

Summary seeking removal of Advocate General Punjab sent to CM

LAHORE: The provincial law and parliamentary affairs department on Tuesday sent a summary to the Chief Minister...

Published 11 May, 2022 04:58am

25 dissident Punjab MPAs: PTI’s plea seeking suspension of membership rejected by ECP

ISLAMABAD: Election Commission of Pakistan (ECP) on Tuesday rejected the request of Pakistan Tehreek-e-Insaf (PTI) ...

Published 11 May, 2022 04:58am

Violation of Article 63(g) more serious crime than defection: SC

ISLAMABAD: The Supreme Court of Pakistan Tuesday noted that violation of Article 63(g) of the Constitution is more...

Published 11 May, 2022 04:58am

Sitara-i-Pakistan conferred on Prof Matsumura

ISLAMABAD: Pakis-tan Charge d’ Affaires Ismat Hassan Sial, on behalf of the President of the Islamic Republic of...

Published 11 May, 2022 04:58am

Cheema rejects de-notification notice

LAHORE: Rejecting the Cabinet Division notification regarding his de-notification as Punjab Governor Omar Sarfraz...

Published 11 May, 2022 04:58am

Imran urges SC to take notice of Punjab Governor’s removal

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman and former Prime Minister Imran Khan on Tuesday urged the Supreme...

Published 11 May, 2022 04:58am

Commission to investigate ‘regime change conspiracy’: Alvi says will forward former PM’s letter to PM and CJP

ISLAMABAD: President Dr Arif Alvi Tuesday said he would forward the letter of former prime minister Imran Khan to...

Published 11 May, 2022 04:58am

PIDE, IRS sign MoU

ISLAMABAD: Pakistan Institute of Development Economics (PIDE) and the Institute of Regional Studies (IRS), Tuesday,...

Published 11 May, 2022 04:58am

AC records statement of prosecution witness in LNG case

ISLAMABAD: The Accountability Court on Tuesday recorded the statement of a prosecution witness in the Liquefied...

Published 11 May, 2022 04:58am

Dual nationals: Dissident PTI MNA causes considerable controversy

ISLAMABAD: In a highly controversial move which has raised many eyebrows, a dissident PTI MNA Noor Alam Khan –...

Published 11 May, 2022 04:58am

Ex-Sindh governor Ebad speaks to President

KARACHI: Former Sindh Governor Dr Ishratul Ebad Khan on Tuesday held a telephonic conversation with President Dr ...

Published 11 May, 2022 04:58am

Resignations of PTI MPs: Verification process gets under way, says NA Speaker

ISLAMABAD: National Assembly Speaker Raja Pervaiz Ashraf Tuesday said that the verification process of resignations...

Published 11 May, 2022 04:58am

Pakistan condemns fanatic groups’ anti-Aazan move in Karnataka

ISLAMABAD: Pakistan on Tuesday condemned in the strongest possible terms the highly deplorable incidents involving...

Published 11 May, 2022 04:58am

ECC raises question why Sindh allowed to buy additional wheat

ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet has directed Ministry of National Food Security ...

Published 11 May, 2022 04:58am

NIL programme: SMEDA seeks HEC’s project implementation support

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) has sought support of the Higher Education...

Published 11 May, 2022 04:58am

Temperature will soar to 45C plus by 15th: PMD

LAHORE: Maximum temperature is set to witness 45 degree Celsius plus by 15th of May, said Pakistan Meteorological...

Published 11 May, 2022 04:58am

Hamza for finalising comprehensive price control policy

LAHORE: With focus on extending relief to the masses, Chief Minister Punjab Hamza Shehbaz on Tuesday asked the...

Published 11 May, 2022 04:58am

Minister spells out govt’s approach to Afghans entering Pakistan illegally

ISLAMABAD: Federal Minister for States and Frontier Regions (SAFRON) Senator Talha Mahmood on Tuesday said that...

Published 11 May, 2022 04:58am

‘Judiciary-like powers’ IHC issues notice to ECP

ISLAMABAD: The Islamabad High Court (IHC) issued notices to the Election Commission of Pakistan (ECP) in a petition...

Published 11 May, 2022 04:58am

Chinese envoy, UK HC meet Bilawal

ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari on Tuesday received Chinese charge d’ affaires Pang Chunxue and...

Published 11 May, 2022 04:58am

Electronic monitoring of habitual criminals approved by Sindh cabinet

KARACHI: The provincial cabinet has decided to affix electronic devices in the body of habitual offenders,...

Published 11 May, 2022 04:58am

NITL launches country’s first ‘social impact fund’

KARACHI: National Investment Trust Limited (NITL) has introduced Pakistan’s first Social Impact Fund (NIT-SIF) to...

Published 11 May, 2022 04:58am

CPJ asks govt to drop inquiry against journalist

KARACHI: Pakistani authorities must immediately drop their inquiry into journalist Sami Abrahim and cease subjecting...

Published 11 May, 2022 04:58am

Overseas Pakistanis are biggest asset of country: FPCCI

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has emphasized that overseas Pakistanis are the biggest asset of the...

Published 11 May, 2022 04:58am

Drive to check vehicle tax evaders to begin on 16th

KARACHI: The Excise and Taxation (E&T) has finalized all arrangements to nab vehicle tax defaulters from May 16,...

Published 11 May, 2022 04:58am

CM sets deadline for completion of Orange Line BRTS project

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has directed Karachi Mass Transit Authority to complete remaining...

Published 11 May, 2022 04:58am

Living beyond means

Pakistan’s external debt averaged USD 65.223 billion from 2002 until 2021, reaching an all-time high of USD ...

Updated 11 May, 2022 10:26pm

The exchange rate challenge

It is interesting to see that as far as the economic priorities are concerned, there seems to be an unannounced...

Published 11 May, 2022 04:58am

KP govt announces schedule for matric, intermediate exams

PESHAWAR: After a hiatus of two years, the Khyber Pakhtunkhwa government has announced a schedule for examinations ...

Published 11 May, 2022 04:58am

Articleship training to CA students: NBP joins hands with ICAP

KARACHI: The National Bank of Pakistan (NBP) has joined hands with the Institute of Chartered Accountants of ...

Published 11 May, 2022 04:58am

Police attack case: Final arguments against Uzair Baloch on 14th

KARACHI: Lyari gang war kingpin Uzair Baloch on Tuesday produced in an anti-terrorism court (ATC) in attack on a...

Published 11 May, 2022 04:58am

Asaan Mobile Account: SBP announces temporary waiver of OTP/CBC

KARACHI: The State Bank of Pakistan (SBP) has announced a temporary waiver of One Time Password (OTP)/ Call Back...

Published 11 May, 2022 04:58am

L&DDD proposes Rs5.5bn ADP

LAHORE: The Livestock and Dairy Development Department (L&DDD) has proposed Rs5.5 billion Annual Development...

Published 11 May, 2022 04:58am

PTA begins accepting applications for LPWAN licence to proliferate usage of IoTs

ISLAMABAD: Pakistan Telecommunication Authority (PTA) has started accepting applications for Low Power Wide Area...

Published 11 May, 2022 04:58am

Mega corruption cases: NAB chairman reviews emerging updates

LAHORE: National Accountability Bureau (NAB) Chairman Javed Iqbal on Tuesday visited the bureau’s Lahore...

Published 11 May, 2022 04:58am

Wahab calls for using Norwegian experience, expertise in urban development

KARACHI: Administrator Karachi Barrister Murtaza Wahab on Tuesday said that much work could be done, especially in...

Published 11 May, 2022 04:58am

First-ever digital census: PBS working extensively to meet challenging timelines

ISLAMABAD: First meeting of the Census Monitoring Committee constituted in pursuance of decision taken in 49th...

Published 11 May, 2022 04:58am

USC clarifies

ISLAMABAD: Utility Stores Corporation of Pakistan has issued clarification regarding the increase in prices. The...

Published 11 May, 2022 04:58am

UHS to open Telemedicine dept at SIMS

LAHORE: The University of Health Sciences (UHS) will open its Telemedicine department at the Services Institute of...

Published 11 May, 2022 04:58am

Murad opens e-stamping system

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that the establishment of an e-stamping system would plug...

Published 11 May, 2022 04:58am

Fesco installs 106,000 new meters in 4 months

FAISALABAD: The installation of more than 106,000 new domestic, commercial and industrial meters has been completed...

Published 11 May, 2022 04:58am

The Weather

KARACHI: The weather report on Tuesday (May 10, 2022) and the forecast for Wednesday (May 11, 2022)....

Published 11 May, 2022 04:58am

A fiscal quagmire?

A few days ago, Ministry of Finance released the details of fiscal operations covering three quarters Jul-Mar...

Published 11 May, 2022 04:58am

PARTLY FACETIOUS: The Khan is a ‘drone’

“So who is in the wrong?” “Depends on which side of the fence you are sitting.” “Viola! There you have...

Published 11 May, 2022 04:58am

Stocks

Members of listed companies: SECP allows use of e-voting facility

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to give the right to vote through...

Published 11 May, 2022 04:58am

For some European states, rising debt costs rekindle 2011 crisis memories

The rise in European bond yields is alarming some economists, who warn that Italy and Greece in particular do not...

Published 11 May, 2022 04:58am

Letters

China can help Pakistan come out of the woods

Consul General of the People’s Republic of China in Karachi Li Bijian has often informed the newspaper’s readers...

Published 11 May, 2022 04:58am

Stocks

Swedish Match strikes record high on Philip Morris takeover move

STOCKHOLM: Swedish Match shares leapt to a record high on Tuesday after Marlboro-maker Philip Morris International...

Published 11 May, 2022 04:58am

Stocks

Financials and healthcare shares lift FTSE 100

LONDON: Britain’s FTSE 100 rose on Tuesday, boosted by financials and healthcare stocks, a day after worries ...

Published 11 May, 2022 04:58am

Stocks

Japan’s Nikkei falls but losses capped by Wall Street rebound hopes

TOKYO: Japan’s Nikkei share average fell for a second day on Tuesday, but avoided bigger losses as investors began...

Published 11 May, 2022 04:58am

Stocks

Saudi leads Gulf bourses lower on growth worries

DUBAI: Saudi Arabia led Gulf stock markets lower on Tuesday as rising interest rates and lower economic growth...

Published 11 May, 2022 04:58am

Stocks

European stocks stage comeback from two-month lows

PARIS: European stocks rose from two-month lows on Tuesday, as bargain hunters returned to buy beaten-down shares...

Published 11 May, 2022 04:58am

Stocks

Indian shares extend losses for third day

BENGALURU: Indian shares ended lower for a third straight session on Tuesday, hit by sharp losses in metal and ...

Published 11 May, 2022 04:58am

Stocks

Wall St slips in choppy trading ahead of inflation data

NEW YORK: Wall Street’s main indexes fell in volatile trading on Tuesday dragged down by banks and some megacap...

Published 11 May, 2022 04:58am

Stocks

Gong ceremony held: PSX’s GEM Board lists Supernet Ltd

KARACHI: Since its inception in 2020, Pakistan Stock Exchange’s Growth Enterprise Market (GEM) Board is...

Published 11 May, 2022 04:58am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 10, 2022)....

Published 11 May, 2022 04:58am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Tuesday (May 10, 2022)....

Published 11 May, 2022 04:58am

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 11 May, 2022 04:58am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (May 10, 2022)....

Published 11 May, 2022 04:58am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 11 May, 2022 04:58am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (May 10, 2022). ==================================== BR...

Published 11 May, 2022 04:58am

Stocks

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

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

Published 11 May, 2022 04:58am

Rates

Dividend/Bonus Announcements

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

Published 11 May, 2022 04:58am

Stocks

Last date of renunciation/payment

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

Published 11 May, 2022 04:58am

Rates

Proposed right issues

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

Published 11 May, 2022 04:58am

Rates

Clearing Schedule for T+2 System

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

Published 11 May, 2022 04:58am

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 11 May, 2022 04:58am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price...

Published 11 May, 2022 04:58am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price...

Published 11 May, 2022 04:58am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price 1,362.0762...

Published 11 May, 2022 04:58am

Rates

EFU INCOME GROWTH FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price 981.8854 Bid...

Published 11 May, 2022 04:58am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price 1,449.2393 Bid...

Published 11 May, 2022 04:58am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price...

Published 11 May, 2022 04:58am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price 1,555.6165...

Published 11 May, 2022 04:58am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price 458.6435...

Published 11 May, 2022 04:58am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price 383.0744...

Published 11 May, 2022 04:58am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price 2,101.0672...

Published 11 May, 2022 04:58am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price 541.4392...

Published 11 May, 2022 04:58am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price ...

Published 11 May, 2022 04:58am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price...

Published 11 May, 2022 04:58am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price ...

Published 11 May, 2022 04:58am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price 1,570.7639...

Published 11 May, 2022 04:58am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Tuesday (May 10, 2022). ======================== Offer Price 1,203.5157 Bid...

Published 11 May, 2022 04:58am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (May 10, 2022). ======================== Offer...

Published 11 May, 2022 04:58am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (May 10, 2022). ======================== Offer...

Published 11 May, 2022 04:58am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (May 10, 2022). ========================== KIBOR...

Published 11 May, 2022 04:58am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (May 10, 2022)....

Published 11 May, 2022 04:58am

Rates

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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