News Archives for Print - 2023-03-04

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Print - 2023-03-04

Commodities

Gold prices nosedive

KARACHI: Gold prices on Friday slumped on the local market, traders said.The rates nosedived by Rs4900 to Rs201600...

Published 04 Mar, 2023 07:25am

PIA gets approval from PCAA to perform ‘Check Maintenance’ at Islamabad

KARACHI: After achieving approval of maintenance check for A320 aircraft at Islamabad by CAA Pakistan, PIA has now...

Published 04 Mar, 2023 07:23am

Policy measures sought to control ‘crisis’ of obesity

ISLAMABAD: On the occasion of ‘World Obesity Day’ on Friday, health experts and advocates in Pakistan have ...

Published 04 Mar, 2023 07:20am

‘One more conspiracy is being hatched to assassinate Imran’, alleges Babar Awan

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Babar Awan said on Friday that there are chances of one more attack...

Published 04 Mar, 2023 07:17am

Zardari, Fazl meet PM

ISLAMABAD: Pakistan People’s Party (PPP) co-chairman Asif Ali Zardari and Jamiat Ulema-e-Islam-Fazl (JUI-F) Chief...

Published 04 Mar, 2023 07:15am

Failure to reduce tuition fees: Senate panel lambastes education ministry

ISLAMABAD: A parliamentary panel lambasted the Education Ministry on Friday for its inability to ensure a 20 percent...

Published 04 Mar, 2023 07:12am

Nooriabad Power Cos reference: No verdict on acquittal pleas of CM Murad, others

ISLAMABAD: The Accountability Court, on Friday, did not announce its judgment on the acquittal pleas of Chief...

Published 04 Mar, 2023 07:09am

PML-N’s general council to elect party president on 10th

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) general council meeting has been convened on March 10 in Islamabad ...

Published 04 Mar, 2023 07:08am

CNS chairs BoG moot at Bahria University

ISLAMABAD: Chief of the Naval Staff Admiral Muhammad Amjad Khan Niazi NI (M) S.Bt, in his capacity as...

Published 04 Mar, 2023 07:05am

ATC judge displeased by IK’s approach to court decorum

ISLAMABAD: The Anti-Terrorism Court judge on Friday passed important remarks without naming Pakistan Tehreek-e-Insaf...

Published 04 Mar, 2023 07:03am

Businesspeople assail 300bps hike in interest rate

KARACHI: Business community has termed high interest rate disastrous for industries, SMEs. Irfan Iqbal Sheikh,...

Published 04 Mar, 2023 07:00am

Feb cement despatches decline 7.10pc to 4.348m tons YoY

LAHORE: Cement despatches declined by 7.10 percent in Feb 2023 as total despatches remained at 4.040 million tons...

Published 04 Mar, 2023 06:56am

CCP, PTA ink MoU on collaboration in ICT

ISLAMABAD: The Competition Commission of Pakistan (CCP) and Pakistan Telecommunication Authority (PTA) Friday signed...

Published 04 Mar, 2023 06:52am

SBP expedites proceedings against exporters for realisation of e-forms

LAHORE: The State Bank of Pakistan (SBP) has expedited proceedings against exporters for realization of E-forms by...

Published 04 Mar, 2023 06:50am

Maryam steps up criticism of IK

GUJRANWALA: Pakistan Muslim League-Nawaz (PML-N) senior vice president and Chief Organiser Maryam Nawaz has flayed...

Published 04 Mar, 2023 06:42am

Sharp drop in equity premium may mark return of 60/40 portfolio

The reward for holding US stocks over Treasury bonds has not been this unattractive since 2004, possibly setting the...

Published 04 Mar, 2023 06:39am

As China ages, investors bet they can beat retirement home stigma

Investors are betting big on a major attitude shift among elderly Chinese - that they will warm up to retirement...

Published 04 Mar, 2023 06:29am

Overseas Pakistanis’ right to vote: SC seeks progress report from ECP

ISLAMABAD: The Supreme Court questioned how the amendment of the law of the right to vote of overseas Pakistanis is...

Published 04 Mar, 2023 06:10am

Ready to talk with army chief: IK

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has said that he was ready to hold talks with the army...

Published 04 Mar, 2023 06:10am

PARTLY FACETIOUS: ‘The criticised were criticisers once’

“Retirement unlocks one’s tongue.” “Only retirement?” “Well retirement certainly, I am not sure who you...

Published 04 Mar, 2023 06:10am

Moody’s: there’s method in its madness

Moody’s Investors Service early this week downgraded Pakistan’s local and foreign currency issuer and senior...

Published 04 Mar, 2023 06:10am

Was it really worth the price?

Today I was once again reminded of the horrible tragedy in the Mediterranean where eight years ago the two-year-old...

Published 04 Mar, 2023 06:10am

Letters

Arrival of election season?

President Arif Alvi has announced April 30 as the date of elections in the most populous and politically important...

Published 04 Mar, 2023 06:10am

APNS Annual General Council Meeting on 20th

KARACHI: The Annual General Council Meeting of the APNS will be held on March 20, 2023 at Karachi. The Executive...

Updated 04 Mar, 2023 08:11am

Sindh CM says he’s optimistic about country’s economic prospects

KARACHI: Chief Minister Sindh Syed Murad Ali Shah has said that although Pakistan faces severe economic crises and...

Published 04 Mar, 2023 06:10am

15 more birth registration counters set up in Karachi, Hyderabad

KARACHI: The ongoing birth registration project with the support of Sindh Local Government Department and UNICEF has...

Updated 04 Mar, 2023 07:38am

President praises Punjab governor’s actions

LAHORE: Governor Punjab Muhammad Balighur Rehman met President of Pakistan, Dr. Arif Alvi, at Governor House Lahore,...

Published 04 Mar, 2023 06:10am

Pre-budget session: PTI, GDA MPAs stage walkout from Sindh Assembly

KARACHI: The PTI and GDA - two opposition parties on Friday staged a protest walkout from the Sindh Assembly, saying...

Published 04 Mar, 2023 06:10am

Apple iPhones

BENGALURU: Apple Inc’s iPhones will soon be assembled at another site in the southern Indian state of Karnataka ...

Published 04 Mar, 2023 06:10am

German minister arrives

ISLAMABAD: Germany’s Minister of State for Foreign Affairs Dr Tobias Lindner will arrive on a four-day official...

Published 04 Mar, 2023 06:10am

Probe ordered into Rs272bn ‘overpayment’ to CAA pensioners

ISLAMABAD: The meeting of the Senate Standing Committee on Aviation, on Friday, formed a sub-Committee to ...

Published 04 Mar, 2023 06:10am

Fawad’s alleged leaked video; SAPM urges SJC to take action

LAHORE: Special Assistant to Prime Minister Attaullah Tarar has urged the Supreme Judicial Council (SJC) to take...

Published 04 Mar, 2023 06:10am

APNS felicitates Syed Haroon Shah

KARACHI: “The All Pakistan Newspapers Society (APNS) congratulates Syed Haroon Shah, Chief Editor, Daily Wahdat on...

Published 04 Mar, 2023 06:10am

M Khan Bhatti given into police remand

LAHORE: Former principal secretary to CM Punjab Muhammad Khan Bhatti, arrested from Balochistan, was sent on remand...

Published 04 Mar, 2023 06:10am

Advocate Rana appointed PCB Election Commissioner

LAHORE: Former Deputy Attorney General and ex-Secretary of the Supreme Court Bar Association (SCBA) Ahmed Shehzad...

Updated 04 Mar, 2023 08:07am

‘Jail bharo’ movement: LHC asks Punjab govt to release leaders, workers of PTI

LAHORE: The Lahore High Court on Friday directed the Punjab caretaker government to release the leaders and the...

Published 04 Mar, 2023 06:10am

Companies

Unilever Pakistan, BPS organise conference counterfeits products

KARACHI: Unilever Pakistan has partnered with Brand Protection System (BPS) to organise a conference to highlight ...

Published 04 Mar, 2023 06:10am

TikTok introduces new feature in Family Pairing to safer digital experience

KARACHI: TikTok has introduced new feature in Family Pairing for safer digital experience. With the help of new...

Published 04 Mar, 2023 06:10am

Rear Admiral Muhammad Saleem takes over as Commander Karachi

KARACHI: Rear Admiral Muhammad Saleem assumed the responsibilities as Commander Karachi (COMKAR) during Change of...

Published 04 Mar, 2023 06:10am

PM affirms fraternal ties with Qatar in diverse fields

ISLAMABAD: Prime Minister of Pakistan Shehbaz Sharif on Friday affirmed the fraternal relations between Pakistan and...

Published 04 Mar, 2023 06:10am

Peace moot calls for promoting peace, tolerance

LAHORE: Speakers at a “Peace Moot” here on Friday called for promoting peace and tolerance in the society. The...

Updated 04 Mar, 2023 06:47am

Nestlé Pakistan wins 2nd prize at ‘Living Global Compact Best Practice’

LAHORE: Nestlé Pakistan won the second prize at Living the Global Compact Best Practice Sustainability Awards 2022,...

Published 04 Mar, 2023 06:10am

Experts propose to form hybrid seed institute for research on domestic seeds

HYDERABAD: To deal with the shortage of wheat and cotton seeds in Sindh, the provincial, federal agricultural and...

Published 04 Mar, 2023 06:10am

ESUP holds memorial for its past two presidents

KARACHI: The English Speaking Union (ESU) Pakistan remembered its past two presidents Byram D Avari (late) and ...

Published 04 Mar, 2023 06:10am

The Weather

KARACHI: The weather report on Friday (March 03, 2023) and the forecast for Saturday (March 04, 2023)...

Published 04 Mar, 2023 06:10am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 04 Mar, 2023 06:10am

Stocks

Last date of renunciation/payment

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

Published 04 Mar, 2023 06:10am

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 04 Mar, 2023 06:10am

PL: Govt projects Rs175bn revenue shortfall

The government expected to raise rate of PL on high-speed diesel by Rs 5 to Rs 50 per litre

Updated 04 Mar, 2023 09:03am

Afghan Taliban reluctant to rein in TTP

ISLAMABAD: The Afghan Taliban’s interim government has expressed its reluctance to go against the outlawed...

Updated 04 Mar, 2023 09:10am

$1.3bn financing from China’s ICBC expected

ISLAMABAD: Finance Minister Ishaq Dar has stated that the budget deficit is manageable but the external account...

Updated 04 Mar, 2023 09:13am

Moody’s downgrades long-term deposit ratings of five banks

ISLAMABAD: Moody’s Investors Service (Moody’s) has downgraded to Caa3 from Caa1 the long-term deposit ratings of...

Updated 04 Mar, 2023 09:11am

Rates

Bullish trend persists on PSX

KARACHI: Bullish trend continued on Pakistan Stock Exchange on Friday on the back of aggressive buying in almost all...

Published 04 Mar, 2023 06:10am

World food prices fall for 11th month running in Feb: FAO

LONDON: The United Nations food agency’s world price index fell in February for an 11th consecutive month, and is...

Published 04 Mar, 2023 06:10am

‘US supports democratic, constitutional, legal principles in Pakistan’

WASHINGTION: A State Department spokesman Thursday sidestepped a question about arrest warrants issued against PTI...

Updated 04 Mar, 2023 09:13am

Polls in Punjab will be held on April 30: Alvi

ISLAMABAD: Hours after the Election Commission of Pakistan (ECP) sent President Dr Arif Alvi possible election...

Updated 04 Mar, 2023 09:13am

PPRA for exempting procurement of two second–hand vessels from rules

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has recommended the Federal Government to exempt...

Updated 04 Mar, 2023 09:08am

1HFY23: Non-tax revenue collection of govt stands at Rs896.434bn

ISLAMABAD: Non-tax revenue collection of federal government stood at Rs 896.434 billion during the first six months...

Updated 04 Mar, 2023 09:08am

Supply to Gwadar: Iran invited to discuss additional 100MW electricity tariff

ISLAMABAD: Pakistan has reportedly invited Iranian Energy Minister Ali Akbar Mehrabian to discuss tariff of...

Updated 04 Mar, 2023 09:03am

25pc ST on luxury goods’ import awaits cabinet’s nod

ISLAMABAD: Federal Cabinet has yet not approved 25 percent sales tax on the import of hundreds of luxury items and...

Updated 04 Mar, 2023 09:03am

Weekly SPI inflation down 0.30pc

ISLAMABAD: The Sensitive Price Indicator (SPI) based inflation for the week ended March 2, 2023, recorded a decrease...

Published 04 Mar, 2023 06:10am

Terror, politics and economy

EDITORIAL: The Central Apex Committee (CAC), in its meeting last Friday, merely echoed what much of the country has...

Published 04 Mar, 2023 06:10am

Human smuggling: deadly business

EDITORIAL: After much confusion as regards the number of people on board the ill-fated boat , the facts that seem to...

Published 04 Mar, 2023 06:10am

Stocks

KSE index companies’ PAT grows 10pc YoY

KARACHI: Inspite of economic challenges, KSE index companies’ after-tax earnings (PAT) have grown by 10 percent ...

Published 04 Mar, 2023 06:10am

Cotton & Textile

Over 4.8m cotton bales reach ginneries: Cotton spot rate firm after PCGA report

LAHORE: The local cotton market on Friday remained steady and the trading volume remained low. Cotton Analyst...

Published 04 Mar, 2023 06:10am

Companies

‘Int’l Property Show’ in Dubai: RUDA signs seven MoUs

LAHORE: Ravi Urban Development Authority (RUDA) has signed seven Memorandums of Understanding (MoUs) during the...

Published 04 Mar, 2023 06:10am

Promoting Islamic financial markets: SECP issues ‘Shariah Governance Regulations, 2023’

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Friday issued Shariah Governance Regulations,...

Published 04 Mar, 2023 06:10am

Industry

Summary for winding up PGJDC opposed

ISLAMABAD: The gems and jewellery sector has urged the federal government to reject a summary moved by the Ministry...

Published 04 Mar, 2023 06:10am

Industry

Govt help sought to revive mobile manufacturing industry

KARACHI: Former State Minister and Chairman Board of Investment (BoI) Muhammad Azfar Ahsan has sought the...

Published 04 Mar, 2023 06:10am

Taxes

Firms urged to improve their accounting system

KARACHI: Chief Commissioner of Income Tax, Corporate Tax Office Karachi Dr. Najeeb Ahmed Memon has said that...

Published 04 Mar, 2023 06:10am

Taxes

FBR to issue legal clarification about scope of builders & developers

ISLAMABAD: The Federal Board of Revenue (FBR) will issue a legal clarification whether contractors involved in ...

Published 04 Mar, 2023 06:10am

Taxes

FBR imposes sales tax on import of printed materials

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has imposed sales tax on the...

Published 04 Mar, 2023 06:10am

Industry

Almoiz Group bags six awards at NFEH Annual CSR Summit 2023

ISLAMABAD: Almoiz Group of Industries, a leading conglomerate with diversified businesses in sugar, steel, power,...

Published 04 Mar, 2023 06:10am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (March 03, 2023). ======================== Open Bid Rs...

Published 04 Mar, 2023 06:10am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (March 03, 2023)....

Published 04 Mar, 2023 06:10am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (March 03, 2023)....

Published 04 Mar, 2023 06:10am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (March 03, 2023). ==================================== BR...

Published 04 Mar, 2023 06:10am

Rates

BOARD MEETINGS

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

Published 04 Mar, 2023 06:10am

Rates

Proposed right issues

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

Published 04 Mar, 2023 06:10am

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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