News Archives for Print - 2022-05-14

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Print - 2022-05-14

President approves reconstitution of CCI

ISLAMABAD: President Dr Arif Alvi on Friday approved the reconstitution of the Council of Common Interests (CCI),...

Published 14 May, 2022 04:05am

Amnesty scheme for holders of multiple Pakistani passports

ISLAMABAD: The government has announced amnesty scheme for holders of multiple Pakistani passports and the amnesty...

Updated 14 May, 2022 02:00pm

‘Pakistan needs a foreign policy that protects its economic interests’

LAHORE: Speakers at a meeting of Shura-e-Hamdard said that Pakistan needs foreign policy that protects its economic...

Published 14 May, 2022 04:05am

ECP schedule for delimitations: SC to hear PTI’s petition on 16th

ISLAMABAD: The Supreme Court will take up the Pakistan Tehreek-e-Insaf (PTI)’s petition against the Election...

Published 14 May, 2022 04:05am

Case against dissident MPAs: PTI submits its response to ECP

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has submitted its response to the Election Commission of Pakistan (ECP) to...

Published 14 May, 2022 04:05am

Govt decides to conduct regular monitoring of KPP

ISLAMABAD: The government has decided to conduct the monitoring and evaluation of the Kamyab Pakistan Program (KPP)...

Published 14 May, 2022 04:05am

Involvement of private sector a must to achieve SDGs: Aisha

ISLAMABAD: Minister of State for Finance, Dr Aisha Ghaus Pasha Friday emphasized the involvement of the private...

Published 14 May, 2022 04:05am

Police arrest 480 people for violating Punjab Marriage Functions Act, 2016

LAHORE: The Punjab police registered 916 First Information Reports (FIRs) and arrested 480 people from across Punjab...

Published 14 May, 2022 04:05am

Sindh’s 11 districts: e-Stamping project launched with PITB’s help

LAHORE: With the assistance of the Punjab Information Technology Board (PITB), the e-Stamping project has been...

Published 14 May, 2022 04:05am

Complaints related to missing students: IHC directs ministry to submit report

ISLAMABAD: The Islamabad High Court (IHC), Friday, directed the Ministry of Interior and the Ministry of Human ...

Published 14 May, 2022 04:05am

‘Neutrals’ were not actually ‘neutral’, claims PTI’s Mazari

Islamabad: Pakistan Tehreek-e-Insaf (PTI) leader Shireen Mazari on Friday said that everyone knows “the ...

Published 14 May, 2022 04:05am

My Karachi–Oasis of Harmony Exhibition inaugurated: Won’t allow anybody to disturb peace in Karachi: CM

KARACHI: Referring to the recent Saddar blast that claimed the life of a 24-year old man and injured 10 others, ...

Published 14 May, 2022 04:05am

SHC rejects plea filed by heirs of PIA plane crash victims

KARACHI: The Sindh High Court has dismissed petitions filed by the legal heirs of Pakistan International Airline...

Published 14 May, 2022 04:05am

PARTLY FACETIOUS: I’m not sure how many times Shehbaz married

“Can you get me an appointment with The Khan — I need to…” “No can do. He has blocked a few numbers and I...

Published 14 May, 2022 04:05am

Non-compliance allegation: SRB seals restaurant over sales tax returns

KARACHI: Sindh Revenue Board (SRB) on Friday sealed a restaurant located in the posh area of Clifton, Karachi,...

Published 14 May, 2022 04:05am

Crackdown on hardened criminals ordered

KARACHI: Sindh Chief Minister Syed Murad Ali Shah presiding over the 27th Apex Committee meeting directed law...

Published 14 May, 2022 04:05am

Europe in high-cost race to replenish gas stocks

Europe has begun refilling depleted gas stores to shore up supply for the winter and guard against possible...

Published 14 May, 2022 04:05am

A free-for-all

There is an environment of free-for-all in state politics, economy and governance for the last two months. The ...

Published 14 May, 2022 04:05am

Controlling inflation and financing deficits — I

In April 2020, International Monetary Fund (IMF) managing director (MD) had reportedly called the Covid pandemic a...

Published 14 May, 2022 04:05am

Letters

Enough is enough

Army has strongly protested against our politicians’ machinations aimed at belittling one of its most illustrious...

Published 14 May, 2022 04:05am

Afghan peace: Pakistan, EU for greater global coordination

ISLAMABAD: Pakistan and the European Union Friday emphasized the importance of international coordination to...

Published 14 May, 2022 04:05am

Karachi-bound Rehman Baba Express derails at Thatta

THATTA: The Karachi-bound Rehman Baba Express from Peshawar fell prey to an accident after three of its bogies and...

Published 14 May, 2022 04:05am

Imran optimistic about prospects of ‘long march’ plan

KARACHI: Former prime minister Imran Khan on Friday warned that a “sea of people” set to march towards Islamabad...

Published 14 May, 2022 04:05am

Deputy Speaker irked by absence of MNAs, senior govt officials

ISLAMABAD: National Assembly Deputy Speaker Zahid Akram Durrani took serious notice of the absence of ministers from...

Published 14 May, 2022 04:05am

Country remains in grip of severe heat wave

KARACHI: The country on Friday remained in a grip of severe heat wave, as the harsh weather is expected to continue...

Published 14 May, 2022 04:05am

‘Enhancing TB-HIV collaboration in private sector is critical to combatting both diseases in Pakistan’

KARACHI: “Enhancing TB-HIV collaboration in private sector is critical to combat both diseases in Pakistan....

Published 14 May, 2022 04:05am

Stocks

Wall Street rallies as growth stocks rebound; Twitter slides

NEW YORK: Growth stocks led a rebound in Wall Street’s main indexes on Friday in a week marred by worries about ...

Published 14 May, 2022 04:05am

Europe

Russia says to cut electricity to Finland

MOSCOW: Russia will suspend electricity supplies to Finland this weekend, a supplier said on Friday as tensions rise...

Published 14 May, 2022 04:05am

Lebanese activists launch mock ‘lollar’ currency

BEIRUT: Lebanese activists Friday rolled out mock banknotes featuring paintings of a gutted central bank or the...

Published 14 May, 2022 04:05am

Europe

15 European nations urge Israel to reverse plans for more settler homes

BERLIN: Fifteen European nations on Friday urged Israel to drop plans for thousands more settler homes in the West...

Published 14 May, 2022 04:05am

Thousands mourn at Jerusalem funeral for Al Jazeera journalist

OCCUPIED JERUS-ALEM: Thousands of people packed Occupied Jerusalem’s tense Old City on Friday for the burial of...

Published 14 May, 2022 04:05am

Europe

EU says talks with Iran ‘positive enough’ to reopen nuclear negotiations

WEISSENHAUS, (Germany): The EU’s foreign policy chief said on Friday that he believed there had been enough...

Published 14 May, 2022 04:05am

USA

Harris tells ASEAN leaders US committed ‘for generations’

WASHINGTON: Vice President Kamala Harris said Friday that the United States was committed to Southeast Asia for the...

Published 14 May, 2022 04:05am

USA

Biden welcomes Southeast Asian leaders with energy, maritime pledges

WASHINGTON: President Joe Biden on Thursday welcomed Southeast Asian leaders to Washington with promises to support...

Published 14 May, 2022 04:05am

The Weather

KARACHI: The weather report on Friday (May 13, 2022) and the forecast for Saturday (May 14, 2022)...

Published 14 May, 2022 04:05am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 14 May, 2022 04:05am

Stocks

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

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

Published 14 May, 2022 04:05am

Stocks

Last date of renunciation/payment

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

Published 14 May, 2022 04:05am

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 14 May, 2022 04:05am

Rates

KSE-100 Index roars back

KARACHI: Pakistan Stock Exchange Friday turned bullish and closed on strong positive note with healthy gains on the...

Published 14 May, 2022 04:05am

Energy

Record high: April HSD sales grow 17pc to 919,442MTs YoY

KARACHI: Highest ever monthly sales of 919,442MTs of high speed diesel (HSD) were recorded during the month of April...

Updated 14 May, 2022 02:13pm

Energy

Oil jumps 3pc as US gasoline prices hit record

NEW YORK: Oil prices rose about 3% on Friday as US gasoline prices jumped to an all-time high and on fears supplies...

Published 14 May, 2022 04:05am

Energy

US natural gas futures little changed ahead of storage

NEW YORK: US natural gas futures were little changed on Thursday after erasing a 5% decline earlier in the session,...

Published 14 May, 2022 04:05am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 84,079 tons of cargo comprising 73,152 tonnes of import cargo and 10,927...

Published 14 May, 2022 04:05am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (May 13, 2022)....

Published 14 May, 2022 04:05am

Cotton & Textile

Spot rate maintains last level

LAHORE: The market remained dull on Friday. The trading volume remained low. Cotton Analyst Naseem Usman told that...

Published 14 May, 2022 04:05am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (May 13, 2022)...

Published 14 May, 2022 04:05am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Friday (May 13, 2022). ======================================= Offset Paper...

Published 14 May, 2022 04:05am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 13, 2022)....

Published 14 May, 2022 04:05am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (May 13, 2022). ======================== Open Bid Rs...

Published 14 May, 2022 04:05am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (May 13, 2022)....

Published 14 May, 2022 04:05am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (May 13, 2022)....

Published 14 May, 2022 04:05am

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 14 May, 2022 04:05am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (May 13, 2022)....

Published 14 May, 2022 04:05am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (May 13, 2022). ==================================== BR...

Published 14 May, 2022 04:05am

Rates

BOARD MEETINGS

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

Published 14 May, 2022 04:05am

Rates

Dividend/Bonus Announcements

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

Published 14 May, 2022 04:05am

Rates

Proposed right issues

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

Published 14 May, 2022 04:05am

Rates

Clearing Schedule for T+2 System

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

Published 14 May, 2022 04:05am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (May 13, 2022). ======================== OFFER PRICE...

Published 14 May, 2022 04:05am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (May 13, 2022). ======================== OFFER PRICE...

Published 14 May, 2022 04:05am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (May 13, 2022). ======================== OFFER PRICE 1,358.0602...

Published 14 May, 2022 04:05am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Friday (May 13, 2022). ======================== OFFER PRICE 980.0022...

Published 14 May, 2022 04:05am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (May 13, 2022). ======================== OFFER PRICE 1,446.0070 BID...

Published 14 May, 2022 04:05am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (May 13, 2022). ======================== OFFER PRICE...

Published 14 May, 2022 04:05am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (May 13, 2022). ======================== OFFER PRICE 1,552.3471...

Published 14 May, 2022 04:05am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (May 13, 2022). ======================== OFFER PRICE 457.7880...

Published 14 May, 2022 04:05am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (May 13, 2022). ======================== OFFER PRICE 382.6434...

Published 14 May, 2022 04:05am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (May 13, 2022). ======================== OFFER PRICE 2,101.5684...

Published 14 May, 2022 04:05am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Friday (May 13, 2022). ======================== Offer Price 540.1966...

Published 14 May, 2022 04:05am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Friday (May 13, 2022). ======================== Offer Price 539.3337...

Published 14 May, 2022 04:05am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (May 13, 2022). ======================== Offer Price...

Published 14 May, 2022 04:05am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (May 13, 2022). ======================== Offer Price 727.9663...

Published 14 May, 2022 04:05am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (May 13, 2022). ======================== Offer Price 1,571.7699...

Published 14 May, 2022 04:05am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (May 13, 2022). ======================== Offer Price 1,205.7560 Bid ...

Published 14 May, 2022 04:05am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (May 13, 2022). ======================== Offer...

Published 14 May, 2022 04:05am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (May 13, 2022). ======================== Offer...

Published 14 May, 2022 04:05am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (May 13, 2022). ========================== KIBOR...

Published 14 May, 2022 04:05am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (May 13, 2022)....

Published 14 May, 2022 04:05am

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 14 May, 2022 04:05am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (May 13,...

Published 14 May, 2022 04:05am

MSCI’s May SAIR results unveiled: Pakistan’s weight reduced to around 1.0pc from 1.6pc

KARACHI: MSCI, a leading provider of critical decision support tools and services, announced the results of the...

Published 14 May, 2022 04:05am

SPI surges 0.49pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended May 12, 2022 recorded an increase of 0.49 per cent...

Published 14 May, 2022 04:05am

IMF to initiate staff mission with Pakistan in Doha on 18th

ISLAMABAD: The International Monetary Fund (IMF) will start a staff mission on May 18 with the Pakistani authorities...

Updated 14 May, 2022 09:22am

Jul-Mar LSMI output jumps 10.4pc YoY

ISLAMABAD: The overall output of Large Scale Manufacturing Industries (LSMI) increased by 10.4 percent for...

Updated 14 May, 2022 10:04am

April remittances from workers hit record high

KARACHI: Workers’ remittances continued to post strong growth and the country received the highest-ever $3.1 billion...

Updated 14 May, 2022 10:06am

Specific commodities: govt decides to amend public procurement rules

ISLAMABAD: The government has reportedly decided to amend public procurement rules, 2004 regarding spot procurement...

Updated 14 May, 2022 10:13am

‘Violation’ of IMF pact by PTI govt led to surge in USD rates: Miftah

KARACHI: Federal Minister for Finance, Miftah Ismail Friday has said the current surge in the US dollar and...

Updated 14 May, 2022 09:50am

Imran raises alarm over state of economy

ISLAMABAD: Former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Friday raised alarm over...

Updated 14 May, 2022 09:52am

London huddle still taking stock of ‘grim’ situation

Prime Minister Shehbaz Sharif holds another meeting with Nawaz Sharif

Updated 14 May, 2022 09:46am

Two ADB executive directors due today

ISLAMABAD: Two Executive Directors of Asian Development Bank (ADB), Dr Wan Farisan Bin Wan Sulaiman (representing...

Updated 14 May, 2022 09:47am

450MW BQ unit to be commissioned by month-end: KE

KARACHI: K-Electric has given yet another new date for the commissioning of its much-awaited 450 megawatt unit of ...

Updated 14 May, 2022 10:00am

Wapda concerned at Warsak power station generation loss

ISLAMABAD: Water and Power Development Authority (Wapda) has expressed its concern on generation loss at Warsak ...

Published 14 May, 2022 04:05am

CPEC Authority to be abolished, Senate panel told

ISLAMABAD: The government is to abolish the China-Pakistan Economic Corridor (CPEC) Authority and will replace it ...

Updated 14 May, 2022 09:53am

Rectification of tax credit : FTO seeks clarification from FBR

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to issue a clarification...

Updated 14 May, 2022 09:48am

1,000 items: expert underscores need for withdrawing GST

Taxes

Facility of input tax adjustment of big retailers: FBR implements electronic system

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented an electronic system from May 10, 2022, to restore the...

Updated 14 May, 2022 02:10pm

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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