News Archives for Print - 2022-06-18 - Business Recorder

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اردو

Apr 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2022-06-18

WTO strikes global trade deals after ‘roller coaster’ talks

WTO strikes global trade deals after ‘roller coaster’ talks

GENEVA: The World Trade Organization agreed on the first change to global trading rules in years on Friday as well ...

Published 18 Jun, 2022 07:35am

Some gatherings banned: One dead in India unrest over military hiring

Some gatherings banned: One dead in India unrest over military hiring

NEW DELHI: Authorities imposed restrictions on Friday on gatherings in a satellite city of India’s capital that is...

Published 18 Jun, 2022 07:35am

Govt fails to satisfy IMF despite big hike in POL prices: Tarin

Govt fails to satisfy IMF despite big hike in POL prices: Tarin

ISLAMABAD: Former federal minister for finance and revenue, Shaukat Tarin Friday said that the “imported regime”...

Updated 18 Jun, 2022 09:56am

Teaching hospitals: Miftah urged to rectify ‘anomaly’ in finance bill

Teaching hospitals: Miftah urged to rectify ‘anomaly’ in finance bill

ISLAMABAD: Hospitals have approached Finance Minister Miftah Ismail to rectify a major ‘anomaly’ in the Finance...

Updated 18 Jun, 2022 09:55am

Mega ‘import scam’ against Multan Institute of Kidney Diseases unearthed

Mega ‘import scam’ against Multan Institute of Kidney Diseases unearthed

KARACHI: Collectorate of Customs Appraisement (West), Karachi has unearthed a mega import scam against Multan...

Updated 18 Jun, 2022 10:10am

Cellular mobile operators for reducing customs duty on fibre-optic cable, taxes

Cellular mobile operators for reducing customs duty on fibre-optic cable, taxes

Say situation would result in the closure of mobile phone service for hours and ATM services might also face disruption

Updated 18 Jun, 2022 12:25pm

Power tariff to be raised in three phases

Power tariff to be raised in three phases

The tariff may be passed in three phases, Rs3.5/unit in July, Rs3.5/unit in August and remaining Rs 0.91/unit may be passed on to the consumers in the month of October 2022

Updated 18 Jun, 2022 09:59am

CPEC IPPs: MoF urges Power Div to address issue of excess profitability

CPEC IPPs: MoF urges Power Div to address issue of excess profitability

ISLAMABAD: Finance Ministry has urged Power Division to address excess profitability by Independent Power Producers...

Updated 18 Jun, 2022 10:00am

Govt launches Rs7bn innovation fund

Govt launches Rs7bn innovation fund

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that the government...

Updated 18 Jun, 2022 09:58am

Exit from FATF grey list: Pakistan so close, yet so far

Exit from FATF grey list: Pakistan so close, yet so far

ISLAMABAD: The Financial Action Task Force (FATF) Friday acknowledged that Pakistan has substantially completed all...

Updated 18 Jun, 2022 09:56am

Former PM IK says optimistic about visit’s prospects

Former PM IK says optimistic about visit’s prospects

ISLAMABAD: All praise for Hammad Azhar – a former minister who had led the Pakistan team at the FATF during the...

Updated 18 Jun, 2022 10:02am

Completion of action plans a great triumph, says COAS

Completion of action plans a great triumph, says COAS

KARACHI: Chief of the Army Staff (COAS) General Qamar Javed Bajwa on Friday said that the completion of Financial...

Updated 18 Jun, 2022 10:09am

FBR officers observe pen-down strike

FBR officers observe pen-down strike

KARACHI: The Federal Board of Revenue (FBR) is likely to face hardships in meeting its revenue target as the ...

Updated 18 Jun, 2022 09:54am

US condemns BJP official’s blasphemous remarks

US condemns BJP official’s blasphemous remarks

WASHINGTON: The United States on Thursday condemned remarks by Indian ruling party officials about the Holy Prophet...

Published 18 Jun, 2022 06:00am

Energy conservation: Sindh announces early market closure

Energy conservation: Sindh announces early market closure

KARACHI: The Sindh government on Friday announced that markets, restaurants, marriage halls and hotels will close...

Published 18 Jun, 2022 06:00am

No change in policy on India: FO

No change in policy on India: FO

ISLAMABAD: Foreign Office on Friday insisted that “there is no change in Pakistan’s policy on India on which...

Published 18 Jun, 2022 06:00am

LHC sets aside appellate tribunal’s order against JDW Sugar Mills

LHC sets aside appellate tribunal’s order against JDW Sugar Mills

LAHORE: The Lahore High Court declared the order of an Appellate Tribunal Inland Revenue being time barred passed...

Published 18 Jun, 2022 06:00am

Constitution holds PM responsible if he shows helplessness: State was involved in enforced disappearances: IHC CJ

Constitution holds PM responsible if he shows helplessness: State was involved in enforced disappearances: IHC CJ

ISLAMABAD: Expressing displeasure over the non-implementation of the court order, Chief Justice of the Islamabad ...

Published 18 Jun, 2022 06:00am

Budget debate: GDA lambastes govt over fuel price surge

Budget debate: GDA lambastes govt over fuel price surge

ISLAMABAD: A dissident of Pakistan Tehreek-e-Insaf (PTI) Noor Alam Khan on Friday demanded the government to present...

Published 18 Jun, 2022 06:00am

‘e-Pay Punjab’ achieves another landmark

‘e-Pay Punjab’ achieves another landmark

LAHORE: e-Pay Punjab, an online payment solution and a joint initiative of Punjab Information Technology Board ...

Published 18 Jun, 2022 06:00am

Punjab CM inquires after health of injured Daniyal Aziz

Punjab CM inquires after health of injured Daniyal Aziz

LAHORE: Punjab Chief Minister Hamza Shehbaz Friday visited the Services Hospital on Friday, to enquire after the...

Published 18 Jun, 2022 06:00am

Elahi defends calling PA session on opposition requisition

Elahi defends calling PA session on opposition requisition

LAHORE: Speaker Punjab Assembly Chaudhry Pervaiz Elahi said on Friday that the Ordinance titled “The Punjab Laws...

Published 18 Jun, 2022 06:00am

Leghari says Punjab Budget aimed at to give relief to poor

Leghari says Punjab Budget aimed at to give relief to poor

LAHORE: Punjab Finance Minister Sardar Awais Leghari has said that during the preparation of the Punjab Budget...

Published 18 Jun, 2022 06:00am

Sugarcane growers: Cane Commissioner Punjab takes notice of non-clearance of dues

Sugarcane growers: Cane Commissioner Punjab takes notice of non-clearance of dues

LAHORE: The Cane Commissioner Punjab taking notice of non-clearance of dues to the sugarcane growers by 10 sugar...

Published 18 Jun, 2022 06:00am

First pre-monsoon downpour leads to 90mm rain in city

First pre-monsoon downpour leads to 90mm rain in city

LAHORE: The very first pre-monsoon downpour led to about 90 millimeter rain in the city on Friday, said the Pakistan...

Published 18 Jun, 2022 06:00am

President & CEO Samba Bank Shahid Sattar retires

President & CEO Samba Bank Shahid Sattar retires

KARACHI: President and CEO of Samba Bank Limited, Shahid Sattar, after attaining his retirement age of 65 years will...

Published 18 Jun, 2022 06:00am

Woman, 2 kids die of cholera in Barkhan

Woman, 2 kids die of cholera in Barkhan

QUETTA: Cholera outbreak on Friday claimed lives of three people, including two children and a woman, in Vitakari...

Published 18 Jun, 2022 06:00am

TLP to challenge MQM victory in NA-240 by-polls

TLP to challenge MQM victory in NA-240 by-polls

KARACHI: The Tehreek-e-Labbaik Pakistan (TLP) on Friday decided to challenge the result of NA-240 by-election in...

Published 18 Jun, 2022 06:00am

Newspapers, magazines: APNS concerned over govt’s decision to discontinue purchase

Newspapers, magazines: APNS concerned over govt’s decision to discontinue purchase

KARACHI: The APNS expresses its profound concern on the news item appeared in a section of press wherein it has been...

Published 18 Jun, 2022 06:00am

Development projects: Sindh govt criticised for ignoring Hyderabad

Development projects: Sindh govt criticised for ignoring Hyderabad

KARACHI: The Sindh Assembly on Friday began its post-budget 2022-23 debate, as treasury members lauded their...

Published 18 Jun, 2022 06:00am

Pakistan towards the journey of digital revolution

Pakistan towards the journey of digital revolution

The digital transformation of economies across the globe is accelerating with ever-increasing pace. Disruptive...

Published 18 Jun, 2022 06:00am

China’s central bank accepts Ant’s application for financial holding company

China’s central bank accepts Ant’s application for financial holding company

China’s central bank has accepted Ant Group’s application to set up a financial holding company, three people...

Published 18 Jun, 2022 06:00am

Elections Act, 2017: FAFEN urges parties to take cognizance of inadequacies

Elections Act, 2017: FAFEN urges parties to take cognizance of inadequacies

ISLAMABAD: While acknowledging improvements in the contents and quality of the preliminary report as compared to the...

Published 18 Jun, 2022 06:00am

Bid to clear banned luxury items foiled

Bid to clear banned luxury items foiled

KARACHI: Collectorate of Customs Appraisement (West) foils attempt at clearance of banned luxury items in two...

Published 18 Jun, 2022 06:00am

Air Chief addresses at Pakistan Navy War College

Air Chief addresses at Pakistan Navy War College

LAHORE: Chief of the Air Staff Air Chief Marshal Zaheer Ahmed Baber Sidhu addressed the course members of 51st PN...

Published 18 Jun, 2022 06:00am

PARC-SARC, MAJU organise ‘Food Safety and Quality of Rice Conference & Workshop’

PARC-SARC, MAJU organise ‘Food Safety and Quality of Rice Conference & Workshop’

KARACHI: The experts have termed the food safety and security a global issue with public health and international...

Published 18 Jun, 2022 06:00am

Third Karachi Biennale in Oct: KBT announces Engro Corp as lead partner

Third Karachi Biennale in Oct: KBT announces Engro Corp as lead partner

KARACHI: Karachi Biennale Trust (KBT) has announced Engro Corporation as the lead partner for the upcoming third...

Published 18 Jun, 2022 06:00am

Saudi crown prince to visit Turkey in first since Khashoggi murder

Middle East

Saudi crown prince to visit Turkey in first since Khashoggi murder

ISTANBUL: Saudi Crown Prince Mohammed bin Salman will visit Turkey next week, the Turkish president said Friday, as...

Published 18 Jun, 2022 06:00am

Three Palestinian gunmen killed in Israeli army raid in Jenin

Middle East

Three Palestinian gunmen killed in Israeli army raid in Jenin

JENIN: Three Palestinians were killed and 12 others were wounded on Friday during an Israeli army raid in Jenin, a...

Published 18 Jun, 2022 06:00am

UAE seeks Iran assurance on ‘peacefulness’ of nuclear programme

Middle East

UAE seeks Iran assurance on ‘peacefulness’ of nuclear programme

ABU DHABI: The United Arab Emirates urged Iran on Friday to provide reassurances on the peaceful nature of its...

Published 18 Jun, 2022 06:00am

The Weather

The Weather

KARACHI: The weather report on Friday (June 17, 2022) and the forecast for Saturday (June 18, 2022)...

Published 18 Jun, 2022 06:00am

PSX: bullish trend persists

Stocks

PSX: bullish trend persists

KARACHI: A bullish trend continued on Pakistan Stock Exchange on Friday on the back of healthy buying on investor...

Published 18 Jun, 2022 06:00am

PARTLY FACETIOUS: It’s badminton!

PARTLY FACETIOUS: It’s badminton!

“Our politicians are playing badminton. Again.” “I will have you know that Nawaz Sharif has a platelet issue...

Published 18 Jun, 2022 06:00am

PYMA draws FM’s attention to budget anomalies

Yarn Prices

PYMA draws FM’s attention to budget anomalies

KARACHI: Saqib Naseem, Chairman Pakistan Yarn Merchants Association (PYMA), and Muhammad Junaid Teli, Vice Chairman,...

Published 18 Jun, 2022 06:00am

Blame game, once again

Blame game, once again

A successor government blaming its predecessor government for all the ills is nothing new. Therefore, Pakistan ...

Published 18 Jun, 2022 06:00am

‘Housing projects on farmlands’

Letters

‘Housing projects on farmlands’

This is apropos a Business Recorder editorial “Housing projects on farmlands” carried by the newspaper on...

Published 18 Jun, 2022 06:00am

Wall St fights for footing after steep selloff on recession worries

Stocks

Wall St fights for footing after steep selloff on recession worries

NEW YORK: Wall Street’s main indexes struggled to find momentum on Friday following a brutal selloff this week due...

Published 18 Jun, 2022 06:00am

VLSFO buoyed by tight supply

Energy

VLSFO buoyed by tight supply

SINGAPORE: Cash premiums in Asia’s very low sulphur fuel oil (VLSFO) rose on Friday on the back of tight supply ...

Published 18 Jun, 2022 06:00am

France’s Macron sceptical on Russia Odesa grain deal

Grains

France’s Macron sceptical on Russia Odesa grain deal

PARIS: France’s president said on Friday he saw little chance of an agreement with Russia for now to get grain out...

Published 18 Jun, 2022 06:00am

Asia rice: Soft demand weighs on Thai rates

Grains

Asia rice: Soft demand weighs on Thai rates

HANOI/BANGKOK/MUMBAI/DHAKA: Thai rice export prices fell this week on subdued demand and a slide in the domestic...

Published 18 Jun, 2022 06:00am

Gasoil, jet fuel cracks hit fresh record

Energy

Gasoil, jet fuel cracks hit fresh record

NEW DELHI: Asia’s refining margins for 10 ppm gasoil touched a record high on Friday and posted a weekly gain of...

Published 18 Jun, 2022 06:00am

Activities of Karachi Port and Port Qasim

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 75,410 tonnes of cargo comprising 29,092 tonnes of import cargo and 46,318...

Published 18 Jun, 2022 06:00am

Lahore Paper Market Rates

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Friday (June 17, 2022). ======================================= Offset ...

Published 18 Jun, 2022 06:00am

Shipping Intelligence

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 17, 2022)....

Published 18 Jun, 2022 06:00am

Dollar's rate in interbank market

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (June 17, 2022). ======================== Open Bid Rs...

Published 18 Jun, 2022 06:00am

Kerb buying and selling rate of US dollar

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (June 17, 2022)....

Published 18 Jun, 2022 06:00am

Revised Rates of Debt Securities

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (June 17, 2022)....

Published 18 Jun, 2022 06:00am

Cross Transactions between Client to Client & Financial Institutions

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 18 Jun, 2022 06:00am

Member to Member

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (June 17, 2022)....

Published 18 Jun, 2022 06:00am

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 18 Jun, 2022 06:00am

BRIndex100 and BR Sectoral Indices

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (June 17, 2022). ==================================== BR...

Published 18 Jun, 2022 06:00am

BOARD MEETINGS

Rates

BOARD MEETINGS

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

Published 18 Jun, 2022 06:00am

Last date of renunciation/payment

Stocks

Last date of renunciation/payment

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

Published 18 Jun, 2022 06:00am

Proposed right issues

Rates

Proposed right issues

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

Published 18 Jun, 2022 06:00am

Clearing Schedule for T+2 System

Rates

Clearing Schedule for T+2 System

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

Published 18 Jun, 2022 06:00am

Dates of Closure of Books & Annual General Meetings

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 18 Jun, 2022 06:00am

EFU TAKAFUL CONSERVATIVE FUND RATES

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (June 17, 2022). ======================== OFFER PRICE...

Published 18 Jun, 2022 06:00am

EFU TAKAFUL AGGRESSIVE FUND RATES

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (June 17, 2022). ======================== OFFER PRICE...

Published 18 Jun, 2022 06:00am

EFU TAKAFUL GROWTH FUND RATES

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (June 17, 2022). ======================== OFFER PRICE 1,365.0917...

Published 18 Jun, 2022 06:00am

EFU INCOME GROWTH FUND

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Friday (June 17, 2022). ======================== OFFER PRICE 990.9224...

Published 18 Jun, 2022 06:00am

EFU AGGRESSIVE FUND RATES

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (June 17, 2022). ======================== OFFER PRICE 1,416.0770 BID...

Published 18 Jun, 2022 06:00am

EFU GUARANTEED GROWTH FUND RATES

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (June 17, 2022). ======================== OFFER PRICE...

Published 18 Jun, 2022 06:00am

EFU Aitemad Growth Fund Rates

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (June 17, 2022). ======================== OFFER PRICE 1,554.5973...

Published 18 Jun, 2022 06:00am

EFU Capital Growth Fund Rates

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (June 17, 2022). ======================== OFFER PRICE 462.2007...

Published 18 Jun, 2022 06:00am

EFU Pension Growth Fund Rates

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (June 17, 2022). ======================== OFFER PRICE 384.3709...

Published 18 Jun, 2022 06:00am

EFU Managed Growth Fund Rates

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (June 17, 2022). ======================== OFFER PRICE 2,109.6032...

Published 18 Jun, 2022 06:00am

LIBOR interbank offered rates

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (June 17, 2022)....

Published 18 Jun, 2022 06:00am

Currency values in terms of Special Drawing Rights

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 18 Jun, 2022 06:00am

Open market rates of foreign currencies

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (June 17,...

Published 18 Jun, 2022 06:00am

SPI registers record weekly increase of 3.38pc

SPI registers record weekly increase of 3.38pc

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended June 16, 2022, recorded a significant increase of...

Published 18 Jun, 2022 06:00am

July-May FDI declines 5pc to $1.57bn YoY

July-May FDI declines 5pc to $1.57bn YoY

KARACHI: The Foreign Direct Investment (FDI) decreased by 5 percent during the first 11 months of this fiscal year....

Published 18 Jun, 2022 06:00am

Pakistan LNG seeks four cargoes for July delivery

Pakistan LNG seeks four cargoes for July delivery

KARACHI: Pakistan LNG Limited (PLL) is seeking four shipments of liquefied natural gas (LNG) for delivery in July,...

Published 18 Jun, 2022 06:00am

TCP directed to review proposal

TCP directed to review proposal

KARACHI: The Federal Ministry of Commerce on Friday has directed the Trading Corporation of Pakistan (TCP) to review...

Published 18 Jun, 2022 06:00am

Procurement of Financial Advisory Services: EAD asked to explore funding possibilities

Procurement of Financial Advisory Services: EAD asked to explore funding possibilities

ISLAMABAD: Minister for Finance, Miftah Ismail, has directed that development partners be approached for funding...

Published 18 Jun, 2022 06:00am

Massive changes in BODs of power sector entities on the cards

Energy

Massive changes in BODs of power sector entities on the cards

LAHORE: Large-scale changes in the Board of Directors (BODs) of power sector entities is on the cards as the present...

Published 18 Jun, 2022 06:00am

FCCI assures support for launch of national air cargo service

Industry

FCCI assures support for launch of national air cargo service

FAISALABAD: Faisalabad Chamber of Commerce & Industry (FCCI) will cooperate for the launch of the first national...

Published 18 Jun, 2022 06:00am

Punjab debt service estimates stand at Rs82.4bn for FY23

Budgets

Punjab debt service estimates stand at Rs82.4bn for FY23

LAHORE: With interest payment of Rs 18 billion and principal repayment of Rs 64.4 billion, Punjab debt service...

Published 18 Jun, 2022 06:00am

SAI concerned over increase in POL prices

Industry

SAI concerned over increase in POL prices

KARACHI: Abdul Rashid, President, Site Association of Industry (SAI), while expressing deep concern over the ...

Published 18 Jun, 2022 06:00am

Taxing foreign lenders

Taxing foreign lenders

EDITORIAL: Interestingly, the Federal Board of Revenue (FBR) seems to have quite an appetite for novelties; just not...

Published 18 Jun, 2022 06:00am

Games politicians play

Games politicians play

EDITORIAL: Minister for Water Resources Syed Khurshid Shah of Pakistan People’s Party (PPP) was spot on when he...

Published 18 Jun, 2022 06:00am

‘Disappearance’ of a journalist

‘Disappearance’ of a journalist

EDITORIAL: Harassment, manhandling, even enforced disappearances of journalists continues unabated. In the latest...

Published 18 Jun, 2022 06:00am

NBP signs MoU with PTA

Money & Banking

NBP signs MoU with PTA

ISLAMABAD: Pakistan Telecommunication Authority (PTA) and National Bank of Pakistan have signed a Memorandum of...

Published 18 Jun, 2022 06:00am

JS Bank joins SBP’s RDA

JS Bank joins SBP’s RDA

KARACHI: JS Bank has become the 14th bank to join the State Bank of Pakistan’s Roshan Digital Account (RDA)...

Published 18 Jun, 2022 06:00am

Electricity shortfall: KP receiving 1700MW against demand of 3300MW: Amir Muqam

Energy

Electricity shortfall: KP receiving 1700MW against demand of 3300MW: Amir Muqam

PESHAWAR: Advisor to Prime Minister on Political and Public Affairs Engineer Amir Muqam while commenting on ...

Published 18 Jun, 2022 06:00am

Xi to host virtual summit for BRICS emerging economies

Xi to host virtual summit for BRICS emerging economies

BEIJING: Chinese President Xi Jinping will host a virtual summit with top leaders from Russia, India, Brazil and...

Published 18 Jun, 2022 06:00am

Bank of Japan keeps easing policy despite US, Europe rate hikes

Money & Banking

Bank of Japan keeps easing policy despite US, Europe rate hikes

TOKYO: The Bank of Japan on Friday stuck to its long-held monetary easing policy even as other central banks around...

Published 18 Jun, 2022 06:00am

China firms in advanced talks with Qatar for gas field stakes, LNG offtake

Energy

China firms in advanced talks with Qatar for gas field stakes, LNG offtake

SINGAPORE: China’s national oil majors are in advanced talks with Qatar to invest in the North Field East ...

Published 18 Jun, 2022 06:00am

Sterling heads for third week of losses as dollar stands tall

Money & Banking

Sterling heads for third week of losses as dollar stands tall

LONDON: Sterling fell on Friday in the face of a strengthening US dollar, with the British currency giving up gains...

Published 18 Jun, 2022 06:00am

Copper extends downturn on fears of recession, weak demand

Commodities

Copper extends downturn on fears of recession, weak demand

LONDON: Copper resumed its decline on Friday on persistent concerns about depressed demand due to an economic...

Published 18 Jun, 2022 06:00am

Oil slumps 7pc to four-week low on recession worries, strong dollar

Energy

Oil slumps 7pc to four-week low on recession worries, strong dollar

NEW YORK: Oil prices tumbled about 7% to a four-week low on Friday on worries that interest rate hikes by major...

Published 18 Jun, 2022 06:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

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

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

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

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March demand down 7.5pc: Govt mulling options to boost power consumption

March demand down 7.5pc: Govt mulling options to boost power consumption

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Gold price per tola jumps Rs2,500 in Pakistan

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Annual rental value property: Sindh govt given three months to legislate on levy of tax

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3.2 magnitude earthquake hits parts of Karachi