News Archives for Print - 2023-04-05

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Print - 2023-04-05

The Weather

KARACHI: The weather report on Tuesday (April 04, 2023) and the forecast for Wednesday (April 05, 2023)...

Published 05 Apr, 2023 06:16am

China warns Philippine-US base deal ‘endangering regional peace’

BEIJING: China warned on Tuesday that Washington was “endangering regional peace” in a new deal with the...

Published 05 Apr, 2023 06:16am

Europe

Russian cafe bomb suspect charged with terrorism

MOSCOW: Russian investigators on Tuesday charged Darya Trepova with terrorism over a bombing attack in Saint...

Published 05 Apr, 2023 06:16am

100m people of Punjab to benefit from free flour scheme: minister

LAHORE: Free flour scheme launched during the month of Ramzan ul Mubarak to benefit 100 million people of Punjab....

Published 05 Apr, 2023 06:16am

Industry

Trade, industry reject increase in policy rate

KARACHI: President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has...

Published 05 Apr, 2023 06:16am

‘Reshaping Development for a New Era’: ‘Spring meetings’ of WB, IMF will start next week

ISLAMABAD: The World Bank and International Monetary Fund’s (IMF) Spring Meetings of 2023, starting from next week...

Published 05 Apr, 2023 06:16am

Huge quantity of smuggled goods seized

KARACHI: Directorate of Intelligence and Investigation (DI&I), Customs, Karachi has seized huge quantity of...

Published 05 Apr, 2023 06:16am

Rawalpindi to host two ODIs: PCB announces revised schedule of NZ-Pakistan series

LAHORE: The Pakistan Cricket Board (PCB) on Tuesday confirmed Rawalpindi, along with two T20Is and the first ODI,...

Published 05 Apr, 2023 06:16am

Finland joins NATO in historic shift sparked by Russia’s war

BRUSSELS: Finland’s blue-and-white Nordic cross flag was hoisted outside NATO headquarters on Tuesday as it became...

Published 05 Apr, 2023 06:16am

AC adjourns proceedings in Hamza’s case till 27th

LAHORE: An accountability court on Tuesday adjourned the proceedings in case of former chief minister Punjab Hamza...

Published 05 Apr, 2023 06:16am

Treatment of ailing elephant: International experts reach Karachi

KARACHI: A seven-member team of international experts reached Karachi for the treatment of elephant, Noor Jahan, at...

Published 05 Apr, 2023 06:16am

Management’s incompetency in addressing issues: Islamabad Club members seek president’s intervention

ISLAMABAD: Members of Islamabad Club have sought the intervention of President Arif Alvi, who is also the Patron of...

Published 05 Apr, 2023 06:16am

Pir Roshaan Institute of Progressive S&T, Miranshah Bill passed unanimously

ISLAMABAD: The Senate Standing Committee on Federal Education and Professional Training, Tuesday, unanimously passed...

Published 05 Apr, 2023 06:16am

Plea against IK refers to LHC CJ

LAHORE: Justice Muzamil Akhtar Shabir of the Lahore High Court on Tuesday referred a petition to the chief justice...

Published 05 Apr, 2023 06:16am

ATC extends IK’s interim bail in 3 cases

LAHORE: An anti-terrorism court on Tuesday extended interim bail of PTI Chief Imran Khan till April 13 in three ...

Published 05 Apr, 2023 06:16am

Painting workshop begins at Alhamra

LAHORE: A three-day painting and calligraphy workshop started in Alhamra Cultural Complex, Qaddafi Stadium....

Published 05 Apr, 2023 06:16am

Letters

Politicians are part of the problem

That a picture is worth a thousand words is a fact that has found its best expression from a photograph carried by...

Published 05 Apr, 2023 06:16am

The need for policy reforms

Industrial economic size refers to the scale or size of industrial activities within an economy, typically measured...

Updated 05 Apr, 2023 06:47am

Public debt distress

The unprecedented fiscal firepower used to protect the vulnerable from the harsh socio-economic impact of the...

Updated 05 Apr, 2023 06:43am

Democratization of narrative building

‘If there are five economists in a room there will be at least six opinions in the room, because at least one...

Updated 05 Apr, 2023 06:37am

Cabinet too rejects verdict

ISLAMABAD: The federal cabinet has reportedly rejected the Supreme Court verdict to hold Punjab election on May 14...

Published 05 Apr, 2023 06:16am

PML-N lawyers protest outside SC

ISLAMABAD: Legal fraternity belonging to ruling Pakistan Muslim League-Nawaz (PML-N) on Tuesday held a protest...

Published 05 Apr, 2023 06:16am

Coalition partners to take stock of situation today

ISLAMABAD: Prime Minister Shehbaz Sharif has called an important meeting of the ruling coalition partners today...

Published 05 Apr, 2023 06:16am

Additional 20 marks: SC disposes of suo motu case

ISLAMABAD: The Supreme Court on Tuesday disposed of the suo moto regarding grant of additional 20 marks to...

Published 05 Apr, 2023 06:16am

AC adjourns LNG case hearing till May 2

ISLAMABAD: The Accountability Court, on Tuesday, accepted the defence counsel’s plea in the Liquefied Natural Gas...

Updated 29 Aug, 2023 01:10am

Flood response: Australia to give A$5m aid for life-saving nutrition support

ISLAMABAD: Australia will provide life-saving nutrition support to the Pakistan flood response through an additional...

Published 05 Apr, 2023 06:16am

PPP issues notice to Gabol for making disturbing remarks

KARACHI: The PPP on Tuesday has issued a show-cause notice to senior politician Nabil Gabol for making insensitive...

Published 05 Apr, 2023 06:16am

Govt reacts strongly to 3-member SC bench’s verdict

ISLAMABAD: Criticising the verdict of a three-member bench of the Supreme Court on elections in Punjab, Law Minister...

Published 05 Apr, 2023 06:16am

Heart diseases: Punjab CM decides to introduce ‘drip and shift’ approach

LAHORE: Punjab Chief Minister Mohsin Naqvi on Tuesday chaired a meeting to review the advances in primary ...

Published 05 Apr, 2023 06:16am

Elahi warns govt of any adventure against CJP

LAHORE: Former Chief Minister of Punjab and Central President of Pakistan Tehreek-e-Insaf Chaudhry Parvez Elahi has...

Published 05 Apr, 2023 06:16am

ACE arrests Bhatti in Rs800m ‘corruption’ case

LAHORE: A sessions’ court on Tuesday granted post-arrest bail to principal secretary to former chief minister...

Published 05 Apr, 2023 06:16am

Partly Facetious: The crippling impasse

“Good decision, you reckon?” “If you are referring to the ongoing politico-legal impasse…” “Nope.”...

Published 05 Apr, 2023 06:16am

CM inspects free flour supply centers

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi paid surprise visits to the free flour centers established...

Published 05 Apr, 2023 06:16am

‘PM’s Electric Wheelchair Scheme’: GCWUF holds distribution ceremony for students

FAISALABAD: Government College Women University Faisalabad organized the distribution ceremony of “Prime...

Published 05 Apr, 2023 06:16am

Dr Yasmin addresses consultative meeting, vows to defeat violators of constitution

LAHORE: Dr Yasmin Rashid, President Pakistan Tehreek-e-Insaf (PTI) Punjab, has instructed all the district heads of...

Published 05 Apr, 2023 06:16am

BISP Nashonuma Programme, Italy ink Rs500m agreement

ISLAMABAD: The government of Pakistan, Italy, and the Benazir Nashonuma Programme by Benazir Income Support ...

Published 05 Apr, 2023 06:16am

PBS extends digital census 2023 deadline

ISLAMABAD: The Pakistan Bureau of Statistics (PBS) on Tuesday extended the closing date of 7th Population and ...

Published 05 Apr, 2023 06:16am

Irate PM terms apex court’s verdict ‘judicial murder’

ISLAMABAD: The ruling coalition of the Pakistan Democratic Movement (PDM) strongly criticised the Supreme Court of...

Published 05 Apr, 2023 06:16am

PTI lauds verdict

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Tuesday lauded the Supreme Court of Pakistan’s decision which ...

Published 05 Apr, 2023 06:16am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (April 04,...

Published 05 Apr, 2023 06:16am

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 05 Apr, 2023 06:16am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (April 04, 2023)....

Published 05 Apr, 2023 06:16am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (April 04, 2023). ========================== KIBOR...

Published 05 Apr, 2023 06:16am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (April 04, 2023). ======================== OFFER PRICE...

Published 05 Apr, 2023 06:16am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (April 04, 2023). ======================== OFFER PRICE...

Published 05 Apr, 2023 06:16am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (April 04, 2023). ======================== OFFER PRICE...

Published 05 Apr, 2023 06:16am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (April 04, 2023). ======================== OFFER PRICE...

Published 05 Apr, 2023 06:16am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (April 04, 2023). ======================== OFFER PRICE...

Published 05 Apr, 2023 06:16am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (April 04, 2023). ======================== OFFER PRICE 1,457.8605...

Published 05 Apr, 2023 06:16am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Tuesday (April 04, 2023). ======================== OFFER PRICE ...

Published 05 Apr, 2023 06:16am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (April 04, 2023). ======================== OFFER PRICE...

Published 05 Apr, 2023 06:16am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (April 04, 2023). ======================== OFFER PRICE...

Published 05 Apr, 2023 06:16am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (April 04, 2023). ======================== OFFER PRICE...

Published 05 Apr, 2023 06:16am

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 05 Apr, 2023 06:16am

Rates

Proposed right issues

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

Published 05 Apr, 2023 06:16am

Stocks

Last date of renunciation/payment

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

Published 05 Apr, 2023 06:16am

Rates

Dividend/Bonus Announcements

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

Published 05 Apr, 2023 06:16am

Rates

BOARD MEETINGS

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

Published 05 Apr, 2023 06:16am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (April 04, 2023). ==================================== BR...

Published 05 Apr, 2023 06:16am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 05 Apr, 2023 06:16am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (April 04, 2023)....

Published 05 Apr, 2023 06:16am

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 05 Apr, 2023 06:16am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Tuesday (April 04, 2023)....

Published 05 Apr, 2023 06:16am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (April 04, 2023)....

Published 05 Apr, 2023 06:16am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (April 04, 2023). ======================== Open Bid Rs...

Published 05 Apr, 2023 06:16am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 04, 2023)....

Published 05 Apr, 2023 06:16am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (April 04, 2023). ======================================= Offset...

Published 05 Apr, 2023 06:16am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (April 04, 2023)...

Published 05 Apr, 2023 06:16am

Rates

LME official prices

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

Published 05 Apr, 2023 06:16am

Stocks

Wall St slips on recession worries after weak data

NEW YORK: Wall Street’s main indexes slipped on Tuesday as evidence of a cooling economy exacerbated worries of a...

Published 05 Apr, 2023 06:16am

Stocks

HK stocks fall as Sino-US tensions weigh; China up

SHANGHAI: Hong Kong shares fell on Tuesday, led by technology stocks, as elevated Sino-US tensions dented ...

Published 05 Apr, 2023 06:16am

Energy

Oil prices dip as demand woes outweigh OPEC+ surprise cuts

HOUSTON: Oil prices edged lower in choppy trading on Tuesday as weak economic data from the United States and China...

Published 05 Apr, 2023 06:16am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 118,555 tonnes of cargo comprising 78,769 tonnes of import cargo and 39,786...

Published 05 Apr, 2023 06:16am

Rates

Downward spiral continues

KARACHI: Pakistan Stock Exchange Tuesday witnessed a bearish trend due to selling on investor concerns on...

Published 05 Apr, 2023 06:16am

Commodities

Gold races past $2,000/oz after weaker US data

NEW YORK: Gold extended gains on Tuesday and crossed the key $2,000 level as the dollar and yields fell, while ...

Published 05 Apr, 2023 06:16am

Money & Banking

US dollar sags after weak data

NEW YORK: The US dollar tumbled to a two-month low on Tuesday in choppy trading after another round of weak economic...

Published 05 Apr, 2023 06:16am

Cotton & Textile

Firm trend prevails on cotton market

LAHORE: The local cotton market on Tuesday remained steady and the trading volume improved a little bit. Cotton...

Published 05 Apr, 2023 06:16am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday (April 04, 2023)....

Published 05 Apr, 2023 06:16am

Commodities

Japanese rubber futures retreat

SINGAPORE: Japanese rubber futures retreated on Tuesday, as lacklustre economic recovery in Japan and China pulled...

Published 05 Apr, 2023 06:16am

Energy

US natural gas futures drop

NEW YORK: US natural gas futures dropped about 4% on Monday on rising output and forecasts for milder weather and...

Published 05 Apr, 2023 06:16am

Commodities

India plans to relax wheat procurement norms to replenish stocks

NEW DELHI/MUMBAI: India has been planning to relax norms to procure wheat from farmers amid untimely rainfall and...

Published 05 Apr, 2023 06:16am

Commodities

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 19.068...

Published 05 Apr, 2023 06:16am

Commodities

ICE canola futures up

WINNIPEG: ICE canola futures rose on Monday as an announced production cut by the OPEC+ group ignited crude oil...

Published 05 Apr, 2023 06:16am

Commodities

Iron ore extends losses on weak steel demand

BEIJING: Dalian and Singapore iron ore futures fell for a second session on Tuesday, pressured by higher shipments,...

Published 05 Apr, 2023 06:16am

Energy

Spot VLSFO declines

SINGAPORE: Asia’s spot cash differential for 0.5% very low sulphur fuel oil (VLSFO) has flipped into a discount on...

Published 05 Apr, 2023 06:16am

Energy

Edible oil & seeds: Call for urgent steps to increase production

KARACHI: Sheikh Umer Rehan, Former President of the Korangi Association of Trade and Industry (KATI) and Former Vice...

Published 05 Apr, 2023 06:16am

China-Pakistan bilateral meeting on CPEC held

ISLAMABAD: Federal Minister for Planning, Development and Special initiatives Ahsan Iqbal and Chinese Vice Foreign...

Published 05 Apr, 2023 06:16am

Companies

Mastercard, Illusions Online partner

KARACHI: Mastercard and Illusions Online, a global leader in enterprise solutions for hospitality industry, have...

Published 05 Apr, 2023 06:16am

Energy

Suspension of gas supply to industry decried

KARACHI: President SITE Association of Industry (SAI) Riaz Uddin has condemned the suspension in gas supply to...

Published 05 Apr, 2023 06:16am

Commodities

Prices of gold, silver at historic high

KARACHI: Gold and silver prices on Tuesday shot up to the historic highs on the local market, traders said. Gold...

Published 05 Apr, 2023 06:16am

Industry

Govt urged to help ‘restore’ gas supply to industrial units

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while expressing deep...

Published 05 Apr, 2023 06:16am

Policy rate hike won’t help tame inflation: expert

KARACHI: Historic jump by State Bank of Pakistan (SBP), jacking up key policy rate by 100 basis points to a record...

Published 05 Apr, 2023 06:16am

Need to secure the western border

EDITORIAL: Four soldiers were martyred at the Pak-Iran border in the Kech district of Balochistan last Saturday when...

Published 05 Apr, 2023 06:16am

Debt, fiscal challenges

EDITORIAL: The Finance Ministry uploaded the Public Debt Bulletin and Fiscal Policy Statement on its website on...

Published 05 Apr, 2023 06:16am

RTO Lahore surpasses revenue collection target

Taxes

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	281.70
USD PKR Interbank Buying / May 16	281.50
USD to Japanese Yen / May 16	145.21
USD to Swiss Franc / May 16	0.83
Pound Sterling to USD / May 16	1.33
Euro to USD / May 16	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 15	5,916.93
Nasdaq / May 15	19,112.32
Dow Jones / May 15	42,322.75
India Sensex / May 16	82,241.91
Tokyo Nikkei / May 16	37,762.61
Hang Seng / May 16	23,345.94
FTSE 100 / May 16	8,686.51
Germany DAX 30 / May 16	23,854.97
France CAC40 / May 16	7,901.67

Item	Value
Karachi Cotton PKR/37.32 KG / May 15	16,985
Gold 10 Grams PKR / May 15	287,379
Crude Oil USD/Barrel / May 16	61.55
Gold Spot USD/Ounce / May 16	3,224.61
Cotton US¢/pound / May 16	65.53
Petrol/Litre / May 17	252.63
Diesel/Litre / May 17	254.64

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / May 16 First Equity Modaraba(FEM)	3.45 ▲ 0.6 (21.05%)
Pak. P.V.C. / May 16 Pakistan PVC Limited(PPVC)	8.40 ▲ 1 (13.51%)
First Capital Equities / May 16 First Capital Equities Limited(FCEL)	4.50 ▲ 0.52 (13.07%)
Dewan Mushtaq / May 16 Dewan Mushtaq Textile Mills Limited(DMTM)	10.83 ▲ 1 (10.17%)
AN Textile Mills / May 16 AN Textile Mills Limited(ANTM)	13.06 ▲ 1.19 (10.03%)
Sitara Peroxide / May 16 Sitara Peroxide Limited(SPL)	13.73 ▲ 1.25 (10.02%)
Fast Cables / May 16 Fast Cables Limited(FCL)	24.16 ▲ 2.2 (10.02%)
Pak Synthetics / May 16 Pakistan Synthetics Limited(PSYL)	62.34 ▲ 5.67 (10.01%)
Bawany Air Products / May 16 Bawany Air Products Limited(BAPL)	44.17 ▲ 4.02 (10.01%)
Kohinoor Mills / May 16 Kohinoor Mills Limited(KML)	32.09 ▲ 2.92 (10.01%)

Stock	Price
Parmount Sp. / May 16 Paramount Spinning Mills Limited(PASM)	3.16 ▼ -0.54 (-14.59%)
Tariq Corp.Pref. / May 16 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.14 ▼ -0.97 (-11.96%)
TPL Life Insur. / May 16 TPL Life Insurance Limited(TPLL)	47.57 ▼ -5.27 (-9.97%)
Apna Microfin. / May 16 Apna Microfinance Bank Limited(AMBL)	9.05 ▼ -0.99 (-9.86%)
Crescent Cotton / May 16 Crescent Cotton Mills Limited(CCM)	48.20 ▼ -5.26 (-9.84%)
Ellcot Spinning / May 16 Ellcot Spinning Mills Limited(ELSM)	101.65 ▼ -10.54 (-9.39%)
East West Ins. / May 16 East West Insurance Company Limited(EWIC)	52 ▼ -5.29 (-9.23%)
Shams Textile / May 16 Shams Textile Mills Limited(STML)	24.30 ▼ -2.43 (-9.09%)
B. F. Mod. / May 16 B.F. Modaraba(BFMOD)	7.95 ▼ -0.78 (-8.93%)
Olympia Mills / May 16 Olympia Mills Limited(OML)	46.20 ▼ -4.27 (-8.46%)

Stock	Volume
At-Tahur Ltd. / May 16 At-Tahur Limited(PREMA)	44,317,984 ▲ 0.21
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	32,148,988 ▼ -0.18
Lotte Chemical / May 16 Lotte Chemical Pakistan Limited(LOTCHEM)	28,049,504 ▲ 1.31
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	24,229,848 ▼ -0.52
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	18,507,342 ▼ -0.04
Pak Elektron / May 16 Pak Elektron Limited(PAEL)	18,144,829 ▼ -1.47
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	16,543,964 ▼ -0.02
Fauji Foods Ltd / May 16 Fauji Foods Limited(FFL)	15,849,609 ▲ 0.05
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,650,899 ▲ 0.64
Sui South Gas / May 16 Sui Southern Gas Company Limited(SSGC)	14,606,631 ▼ -1.2

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