News Archives for Print - 2022-06-29

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Print - 2022-06-29

Chaman-Karachi highway project faces cost escalation

ISLAMABAD: The Senate Standing Committee on Communications feared that the cost of the Chaman to Karachi (N-25)...

Published 29 Jun, 2022 07:35am

Dar’s return highly likely

LONDON: Former finance minister and Pakistan Muslim League-Nawaz (PML-N) senior leader Ishaq Dar on Tuesday ...

Published 29 Jun, 2022 07:35am

KP govt to constructs two motorways on PPP basis

PESHAWAR: The government of Khyber Pakhtunkhwa considering the construction of Dir and D.I. Khan Motorways on...

Published 29 Jun, 2022 07:35am

Industry

Audit firms: SECP begins process of constituting panel

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has initiated the process of constituting the...

Published 29 Jun, 2022 07:35am

NA approves 48 demands for grants worth Rs943.161bn

ISLAMABAD: The National Assembly on Tuesday approved 48 demands for grants worth over Rs943.161 billion after voice...

Published 29 Jun, 2022 07:27am

Cabinet okays KP Mines and Mineral (Amended) Act 2022

PESHAWAR: Provincial cabinet here on Tuesday approved Khyber Pakhtunkhwa Mines and Mineral (Amended) Act 2022, meant...

Published 29 Jun, 2022 07:27am

Nine UAF students get NAAA scholarship

FAISALABAD: Nine undergraduate students of the University of Agriculture Faisalabad (UAF) got the scholarships under...

Published 29 Jun, 2022 07:27am

US trade delegation due on July 1

ISLAMABAD: A delegation led by US Department of State’s Special Representative for Commercial and Business ...

Published 29 Jun, 2022 07:27am

USA

Ghislaine Maxwell sentenced to 20 years for sex crimes

NEW YORK: Ghislaine Maxwell was sentenced to 20 years in prison by a New York judge Tuesday for helping the late...

Published 29 Jun, 2022 07:27am

Industry

SPCCI calls for taking steps to end economic morass

ISLAMABAD: The South Punjab Chamber of Commerce and Industry members have urged the government to sail the country...

Published 29 Jun, 2022 07:27am

Money & Banking

JazzCash, BoK enter into partnership for KP’s Insaaf Food Programme

ISLAMABAD: Pakistan’s leading fintech JazzCash, in collaboration with Bank of Khyber (BoK), is strengthening the...

Published 29 Jun, 2022 07:27am

Taxes

Manufacturers given Oct 1 deadline: Tax stamps, UIMs needed for removing cement bags from factory: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the cement manufacturers not to remove cement bags from...

Published 29 Jun, 2022 07:27am

Hyderabad DC reviews arrangements for expected rains

HYDERABAD: Divisional Commissioner Hyderabad Nadeem-ur-Rehman Memon presiding over a fourth meeting regarding...

Published 29 Jun, 2022 07:27am

Companies

Standard Chartered goes live with RiskNucleus GRC solution

KARACHI: BenchMatrix has successfully facilitated Standard Chartered Bank Pakistan (SCBPL) in the installation and...

Published 29 Jun, 2022 07:27am

ATC extends bails of PTI leaders

LAHORE: An Anti-Terrorism Court on Tuesday extended the bail of Pakistan Tehreek-i-Insaf (PTI) leaders Dr Yasmin...

Published 29 Jun, 2022 07:27am

Load-shedding: KE explains reasons

KARACHI: As per KE’s spokesperson, “During last 24 hours, the average power supply to Karachi has been 2700...

Published 29 Jun, 2022 07:27am

Companies

Careem launches carpooling service

KARACHI: Given the massive hike in global fuel prices, the everyday office-goer is the most affected by the current...

Published 29 Jun, 2022 07:27am

ISSI holds seminar on ‘ensuring traditional security through technology optimisation’

ISLAMABAD: The Arms Control & Disarmament Centre (ACDC) at the Institute of Strategic Studies...

Published 29 Jun, 2022 07:27am

Punjab CM vows to provide quality healthcare facilities to masses

LAHORE: Chief Minister Punjab Hamza Shahbaz Sharif has approved a plan to improve 85 THQ hospitals and OPDs of all...

Published 29 Jun, 2022 07:27am

The Weather

KARACHI: The weather report on Tuesday (June 28, 2022) and the forecast for Wednesday (June 29, 2022)...

Published 29 Jun, 2022 05:44am

NATIONAL LOGISTICS DAY: Message from Shakeel Ahmed Chairman - PIFFA

TEXT: I heartily join Pakistan’s logistics professionals and advocates on this auspicious occasion - National...

Published 29 Jun, 2022 05:44am

NATIONAL LOGISTICS DAY: Role of NLC in Development of Logistics

There is no denying the fact that a robust logistics system is sine qua none for the growth of economy. The entire...

Published 29 Jun, 2022 05:44am

NATIONAL LOGISTICS DAY: Message from Tariq M. Chaudhry Group CEO / Chairman Dynamic World Wide Logistics Group

TEXT: June 28th will mark the fourth annual National Logistics Day 2022. It is the day to recognize and appreciate...

Published 29 Jun, 2022 05:44am

NATIONAL LOGISTICS DAY: National Logistics Cell

TEXT: The National Logistics Cell was established in 1978 as a logistics company. Today, it is Pakistan's leading...

Published 29 Jun, 2022 05:44am

NATIONAL LOGISTICS DAY: Salamatak (Private) Limited

TEXT: Salamatak (Private) Limited established in 2013 with a vision to become a partner of choice as a global...

Published 29 Jun, 2022 05:44am

NATIONAL LOGISTICS DAY: TAQ’s role in supply chain logistics and economic growth

TEXT: A pioneer in the supply chain logistics sector ‘The TAQ Organization’, or simply referred to as TAQ,...

Published 29 Jun, 2022 05:44am

NATIONAL LOGISTICS DAY: Meri Gari is set to transform road freight in Pakistan

TEXT: Meri Gari commenced operations in 2022 with an aim to transform road freight in Pakistan, through cutting-edge...

Published 29 Jun, 2022 05:44am

Marketing products ‘Show what you sell and say what you mean,’ businesses told

ISLAMABAD: Chairperson, Competition Commission of Pakistan (CCP), Rahat Kaunain Hassan has said that deceptive...

Published 29 Jun, 2022 05:44am

Miftah vows support to APCNGA

ISLAMABAD: Finance Minister Miftah Ismail has a meeting with the All Pakistan CNG Association (APC delegation led by...

Published 29 Jun, 2022 05:44am

WASA Faisalabad, JICA discuss water supply matters

FAISALABAD: WASA Managing Director Abu Bakar Imran said further improvement in water supply services and increase in...

Published 29 Jun, 2022 05:44am

US delegation arrives in Venezuela to discuss ‘bilateral agenda’

CARACAS: A US delegation arrived in Venezuela Monday to discuss a “bilateral agenda,” extending discussions...

Published 29 Jun, 2022 05:44am

South Asia

Four dead in Indian oil firm helicopter crash

NEW DELHI: Four people died when a helicopter chartered by state-run Oil and Natural Gas Corp crashed into the...

Published 29 Jun, 2022 05:44am

South Asia

Indian journalist Zubair held over complaint by Twitter user

NEW DELHI: Indian authorities must immediately and unconditionally release journalist Mohammad Zubair, and cease...

Published 29 Jun, 2022 05:44am

World unions report ‘record’ level of labour abuses

PARIS: Workers faced record abuse of their labour rights in the past year, from union bans to violence and murder,...

Published 29 Jun, 2022 05:44am

South Asia

Taliban to hold grand council to chart Afghan progress

KABUL: Hundreds of religious leaders and “people of influence” from around Afghanistan have been summoned to the...

Published 29 Jun, 2022 05:44am

Middle East

Two Iranian translators held in case of French couple: mother

PARIS: Iran is holding two Iranians who worked as translators for a French couple detained in May, the mother of one...

Published 29 Jun, 2022 05:44am

USA

About 50 migrants dead in ‘horrific’ truck tragedy in Texas

SAN ANTONIO: US police Tuesday were investigating the grim discovery of about 50 bodies in and around a trailer ...

Published 29 Jun, 2022 05:44am

South Asia

Modi visits UAE after row

DUBAI: Indian Prime Minister Narendra Modi arrived in the United Arab Emirates on Tuesday, just weeks after a top...

Published 29 Jun, 2022 05:44am

NASA launches mini satellite in bid to return to the Moon

WELLINGTON: NASA blasted a nanosatellite barely bigger than a microwave oven into outer space Tuesday, part of a...

Published 29 Jun, 2022 05:44am

Supplementary budget of Rs93.56bn also passed: Sindh PA adopts deficit budget with Rs1.714trn outlay

KARACHI: The Sindh Assembly has unanimously passed a deficit budget with a total outlay of Rs 1.714 trillion for the...

Published 29 Jun, 2022 05:44am

People’s bus service: 100 more buses reach Karachi from China

KARACHI: Good news for Karachiites as 100 more buses for People’s Intra-District Bus Service arrived at Karachi...

Published 29 Jun, 2022 05:44am

Customs staff confiscate smuggled Iranian edible oil

KARACHI: The Customs Adjudication-I has ordered to confiscate a large quantity of smuggled Iranian edible oil, which...

Published 29 Jun, 2022 05:44am

Medical board formed to determine Dua Zehra’s age

KARACHI: The Sindh Health Department on Tuesday formed a medical board to determine the age of teenage girl Dua ...

Published 29 Jun, 2022 05:44am

Cargo movement stopped: Protesters block Mauripur Road against prolonged electricity outages

KARACHI: Protests against power outages on Mauripur Road brought the cargo vehicular movement to a halt since Monday...

Published 29 Jun, 2022 05:44am

Karachi, Hyderabad ‘Strict action should be taken against water stealers’

KARACHI: Sindh Secretary Local Government, Housing and Town Planning, Engineer Syed Najam Ahmad Shah has said that...

Published 29 Jun, 2022 05:44am

MQM-P’s Kunwar Naveed suffers brain haemorrhage

KARACHI: Muttahida Qoumi Movement Pakistan’s (MQM-P) leader Kunwar Naveed Jameel suffered a brain haemorrhage on...

Published 29 Jun, 2022 05:44am

New visa rules approved for Afghan citizens

ISLAMABAD: The federal cabinet on Tuesday approved new rules under visa regime review for Afghan citizens under ...

Published 29 Jun, 2022 05:44am

PU Syndicate proposes Rs13.8bn budget for 2022-23

LAHORE: Punjab University Syndicate’s 1746th meeting chaired by Vice Chancellor Prof Dr Muhammad Saleem Mazhar on...

Published 29 Jun, 2022 05:44am

Need stressed for free, fair and transparent electoral process

ISLAMABAD: Speakers at a conference, while underlining the need for a free, fair, and transparent electoral process...

Published 29 Jun, 2022 05:44am

Kidney Hills corruption case: Court reserves judgment against Mandviwalla, others

ISLAMABAD: The Accountability Court, while hearing Kidney Hills corruption case against Pakistan Peoples Party (PPP)...

Published 29 Jun, 2022 05:44am

Monsoon rains may start on 30th

LAHORE: The Met Office has predicted that moist currents from Arabian Sea and Bay of Bengal are likely to enter ...

Published 29 Jun, 2022 05:44am

Bullying opponents ‘hallmark’ of N-League, says Dr Yasmin

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Central Punjab President Dr Yasmin Rashid said that the government’s...

Published 29 Jun, 2022 05:44am

‘Containers stuck at ports causing huge demurrage dues’

LAHORE: While appreciating ban on luxury items to control trade deficit, President of the Lahore Chamber of Commerce...

Updated 29 Jun, 2022 10:33am

University of Wah holds ‘Management Career Expo-2022’

WAH CANTT: Faculty of Management Sciences, University of Wah (UoW), organized ‘Management Career Expo-2022’. The...

Published 29 Jun, 2022 05:44am

Pakistan to play Bangladesh in T20I tri-series opener on Oct 7

LAHORE: Pakistan, as part of their ICC Men’s T20 World Cup Australia 2022 preparations, will participate in a T20I...

Published 29 Jun, 2022 05:44am

Combined 7th, 8th reviews: MEFP received from IMF, says Miftah

ISLAMABAD: Finance Minister Miftah Ismail has stated that Pakistan has received a memorandum of economic and...

Updated 29 Jun, 2022 09:38am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (June 28, 2022)....

Published 29 Jun, 2022 05:44am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (June 28, 2022). ========================== KIBOR...

Published 29 Jun, 2022 05:44am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (June 28, 2022). ======================== OFFER PRICE ...

Published 29 Jun, 2022 05:44am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (June 28, 2022). ======================== OFFER PRICE ...

Published 29 Jun, 2022 05:44am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (June 28, 2022). ======================== OFFER PRICE ...

Published 29 Jun, 2022 05:44am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (June 28, 2022). ======================== OFFER PRICE ...

Published 29 Jun, 2022 05:44am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (June 28, 2022). ======================== OFFER PRICE...

Published 29 Jun, 2022 05:44am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (June 28, 2022). ======================== OFFER PRICE 1,410.0502 ...

Published 29 Jun, 2022 05:44am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Tuesday (June 28, 2022). ======================== OFFER PRICE 994.2497...

Published 29 Jun, 2022 05:44am

Rates

EFU TAKAFUL GROWTH FUND RATES

RECORDER REPORT KARACHI: EFU Takaful Growth Fund Rates on Tuesday (June 28, 2022). ======================== OFFER...

Published 29 Jun, 2022 05:44am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (June 28, 2022). ======================== OFFER PRICE...

Published 29 Jun, 2022 05:44am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (June 28, 2022). ======================== OFFER PRICE...

Published 29 Jun, 2022 05:44am

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 29 Jun, 2022 05:44am

Rates

Clearing Schedule for T+2 System

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

Published 29 Jun, 2022 05:44am

Rates

Proposed right issues

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

Published 29 Jun, 2022 05:44am

Stocks

Last date of renunciation/payment

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

Published 29 Jun, 2022 05:44am

Rates

BOARD MEETINGS

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

Published 29 Jun, 2022 05:44am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (June 28, 2022). ==================================== BR...

Published 29 Jun, 2022 05:44am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 29 Jun, 2022 05:44am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (June 28, 2022)....

Published 29 Jun, 2022 05:44am

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 29 Jun, 2022 05:44am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Tuesday (June 28, 2022)....

Published 29 Jun, 2022 05:44am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (June 28, 2022)....

Published 29 Jun, 2022 05:44am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (June 28, 2022). ======================================= Offset...

Published 29 Jun, 2022 05:44am

Rates

LME official prices

LONDON: The following were Monday official prices. ========================================= ALUMINIUM...

Published 29 Jun, 2022 05:44am

Stocks

FTSE 100 hits over 2-week high

LONDON: UK’s FTSE 100 index hit its highest level in more than two weeks on Tuesday, as commodity stocks led the...

Published 29 Jun, 2022 05:44am

Stocks

Dow, S&P boosted by banks; cautious on consumer confidence data

NEW YORK: Bank shares boosted the Dow Jones and the S&P 500 indexes on Tuesday as the big four lenders raised...

Published 29 Jun, 2022 05:44am

Stocks

Most Gulf bourses gain, tracking oil, global shares

DUBAI: Most stock markets in the Gulf ended higher on Tuesday, tracking oil prices and global shares as China eased...

Published 29 Jun, 2022 05:44am

Stocks

European shares extend gains on China Covid relief, rising oil prices

LONDON: European shares rose on Tuesday as risk appetite improved after China eased its COVID-19 quarantine mandate,...

Published 29 Jun, 2022 05:44am

Stocks

China stocks hit 4-month high

SHANGHAI: Hong Kong stocks jumped and China shares hit a near four-month high on Tuesday, after the quarantine time...

Published 29 Jun, 2022 05:44am

Stocks

Indian shares recover

BENGALURU: Indian shares recouped early losses to close higher on Tuesday as oil explorer ONGC and aluminium ...

Published 29 Jun, 2022 05:44am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 126,191 tonnes of cargo comprising 84,412 tonnes of import cargo and 41,779...

Published 29 Jun, 2022 05:44am

Letters

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 18	283.63
USD PKR Interbank Buying / Jun 18	283.43
USD to Japanese Yen / Jun 18	144.98
USD to Swiss Franc / Jun 18	0.82
Pound Sterling to USD / Jun 18	1.35
Euro to USD / Jun 18	1.15
UK LIBOR % / Jun 17	4.96

Stock	Volume
S&P 500 / Jun 17	5,982.72
Nasdaq / Jun 17	19,521.09
Dow Jones / Jun 17	42,215.80
India Sensex / Jun 18	81,296.14
Tokyo Nikkei / Jun 18	38,885.15
Hang Seng / Jun 18	23,694.84
FTSE 100 / Jun 18	8,846.17
Germany DAX 30 / Jun 18	23,428.07
France CAC40 / Jun 18	7,690.56

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 17	16,785
Gold 10 Grams PKR / Jun 17	309,756
Petrol/Litre / Jun 18	258.43
Crude Oil USD/Barrel / Jun 18	74.83
Gold Spot USD/Ounce / Jun 18	3,381.83
Diesel/Litre / Jun 18	262.59
Cotton US¢/pound / Jun 18	67.70

Gainers
Losers
Leaders

Stock	Price
First Prudential Mod. / Jun 18 First Prudential Modaraba(PMI)	4.87 ▲ 1 (25.84%)
Cresent Jute / Jun 18 Crescent Jute Products Limited(CJPL)	6.40 ▲ 0.83 (14.9%)
Siddiqsons Tin / Jun 18 Siddiqsons Tin Plate Limited(STPL)	6.89 ▲ 0.75 (12.21%)
Service Textile / Jun 18 Service Industries Textiles Limited(SERT)	19.67 ▲ 1.79 (10.01%)
Rupali polyester / Jun 18 Rupali Polyester Limited(RUPL)	20.34 ▲ 1.85 (10.01%)
Haseeb Waqas / Jun 18 Haseeb Waqas Sugar Mills Limited(HWQS)	12.10 ▲ 1.1 (10%)
Kohinoor Mills / Jun 18 Kohinoor Mills Limited(KML)	44.46 ▲ 4.04 (10%)
Leather Up Ltd. / Jun 18 Leather Up Limited(LEUL)	32.23 ▲ 2.93 (10%)
Hinopak Motor / Jun 18 Hinopak Motors Limited(HINO)	451.03 ▲ 41 (10%)
Zahid Jee Textile / Jun 18 Zahidjee Textile Mills Limited(ZAHID)	36.08 ▲ 3.28 (10%)

Stock	Price
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.18 ▼ -0.7 (-18.04%)
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	2.88 ▼ -0.43 (-12.99%)
First IBL Mod. / Jun 18 First IBL Modaraba(FIBLM)	4.21 ▼ -0.62 (-12.84%)
First Treet Manuf / Jun 18 First Treet Manufacturing Modaraba(FTMM)	4.91 ▼ -0.61 (-11.05%)
Tariq Corp.Pref. / Jun 18 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.94 ▼ -0.98 (-10.99%)
Gulistan Sp. / Jun 18 Gulistan Spinning Mills Limited(GUSM)	8.30 ▼ -0.98 (-10.56%)
PIA Holding Co.B / Jun 18 PIA Holding Company Limited B(PIAHCLB)	13,770.20 ▼ -1529.97 (-10%)
Sardar Chemical / Jun 18 Sardar Chemical Industries Limited(SARC)	69.39 ▼ -7.71 (-10%)
Pakgen Power / Jun 18 Pakgen Power Limited(PKGP)	213.65 ▼ -23.74 (-10%)
Baba Farid Sugar / Jun 18 Baba Farid Sugar Mills Limited(BAFS)	55 ▼ -6.01 (-9.85%)

Stock	Volume
WorldCall Telecom / Jun 18 Worldcall Telecom Limited(WTL)	110,698,161 ▼ -0.11
First Prudential Mod. / Jun 18 First Prudential Modaraba(PMI)	51,711,290 ▲ 1
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	40,869,408 ▼ -0.7
Sui South Gas / Jun 18 Sui Southern Gas Company Limited(SSGC)	35,689,384 ▼ -0.62
TPL Properties / Jun 18 TPL Properties Limited(TPLP)	26,132,805 ▲ 0.34
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	22,498,201 ▼ -0.43
PIA Holding Co.Ltd / Jun 18 PIA Holding Company Limited(PIAHCLA)	19,254,790 ▼ -1.85
Secure Logistics / Jun 18 Secure Logistics Group Limited(SLGL)	18,115,203 ▼ -0.95
First Dawood Prop. / Jun 18 First Dawood Properties Limited(FDPL)	17,153,517 ▲ 0.09
Invest Bank / Jun 18 Invest Capital Investment Bank Limited(ICIBL)	17,046,495 ▼ -0.72

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