News Archives for Print - 2023-04-06

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Print - 2023-04-06

The Weather

KARACHI: The weather report on Wednesday (April 05, 2023) and the forecast for Thursday (April 06, 2023)...

Published 06 Apr, 2023 06:20am

No restriction on sale, usage of frozen fish: PFA

KARACHI: “After a meeting between H E Nguyen Tien Phong, Ambassador of Vietnam in Pakistan, Muddassir Riaz Malik,...

Published 06 Apr, 2023 06:20am

Industry

Telecom services in unserved, underserved areas: USF has spent Rs90.670bn so far

ISLAMABAD: The Universal Service Fund (USF) has spent Rs 90.670 billion since inception on providing telecom ...

Published 06 Apr, 2023 06:20am

Industry

PCJCCI lauds China, Pakistan for reopening the Khunjerab Pass

LAHORE: Moazzam Ghurki, President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) lauded the...

Updated 06 Apr, 2023 07:09am

PM condemns Israeli attack on Palestinian worshippers

ISLAMABAD: PM Shehbaz strongly condemned Israeli police raids at Al Aqsa Mosque compound in Jerusalem. “I strongly...

Published 06 Apr, 2023 06:20am

Punjab Govt Allocates Over Rs 74m For Metro Command, Control Building

MULTAN: The Punjab govt has earmarked Rs 74.8 million in funds for the completion of the Multan metro bus command ...

Published 06 Apr, 2023 06:20am

Chief selector defends national cricket squads

LAHORE: Chief Selector Haroon Rasheed on Wednesday defended the Pakistani squads announced by the Pakistan Cricket...

Published 06 Apr, 2023 06:20am

LHC rejects plea to stop JIT from probing Zille Shah’s murder

LAHORE: The Lahore High Court (LHC) on Wednesday rejected a plea seeking to restrain a Joint Investigation Team ...

Published 06 Apr, 2023 06:20am

Tributes paid to Prof Kamal Munir of Cambridge University

KARACHI: The Cambridge International, Pakistan, recently organised an iftar-dinner to pay tribute to Prof Kamal...

Published 06 Apr, 2023 06:20am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (April 05, 2023)....

Published 06 Apr, 2023 06:20am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (April 05, 2023). ========================== KIBOR...

Published 06 Apr, 2023 06:20am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Wednesday (April 05, 2023). ======================== OFFER PRICE...

Published 06 Apr, 2023 06:20am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Wednesday (April 05, 2023). ======================== OFFER PRICE...

Published 06 Apr, 2023 06:20am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Wednesday (April 05, 2023). ======================== OFFER PRICE...

Published 06 Apr, 2023 06:20am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (April 05, 2023). ======================== OFFER PRICE...

Published 06 Apr, 2023 06:20am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (April 05, 2023). ======================== OFFER PRICE...

Published 06 Apr, 2023 06:20am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Wednesday (April 05, 2023). ======================== OFFER PRICE 1,459.3944...

Published 06 Apr, 2023 06:20am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Wednesday (April 05, 2023). ======================== OFFER PRICE...

Published 06 Apr, 2023 06:20am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Wednesday (April 05, 2023). ======================== OFFER PRICE...

Published 06 Apr, 2023 06:20am

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 06 Apr, 2023 06:20am

Stocks

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

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

Published 06 Apr, 2023 06:20am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 06 Apr, 2023 06:20am

Stocks

S&P, Nasdaq decline as recession worries mount

NEW YORK: The S&P 500 and the Nasdaq fell on Wednesday as a slew of weak economic data deepened worries that the...

Published 06 Apr, 2023 06:20am

Stocks

Financials, IT aid rise in Indian shares ahead of RBI rate decision

BENGALURU: Indian shares advanced on Wednesday, aided by strong quarterly updates from finance companies and banks,...

Published 06 Apr, 2023 06:20am

Stocks

European shares slip as data signal slower economic recovery

PARIS: European shares fell on Wednesday as investors maintained a cautious stance after data signalled a...

Published 06 Apr, 2023 06:20am

Stocks

FTSE 100 climbs on upbeat services sector data

LONDON: The UK’s FTSE 100 rose on Wednesday after data showed that the dominant service sector in March reported...

Published 06 Apr, 2023 06:20am

Stocks

Most Gulf markets decline as economic worries persist

DUBAI: Most stock markets in the Gulf ended lower on Wednesday in line with global shares as signs that the economic...

Published 06 Apr, 2023 06:20am

Punjab ACE summons PTI leaders Zartaj, Buzdar and Jawan Bakht

LAHORE: The Anti-Corruption Establishment (ACE) of Punjab has summoned former federal minister Zartaj Gul, former...

Published 06 Apr, 2023 06:20am

FJC vandalism case: ATC extends interim bail of Swati till 17th

ISLAMABAD: The Anti-Terrorism Court (ATC) on Wednesday extended the interim bail of Pakistan Tehreek-e-Insaf (PTI)...

Published 06 Apr, 2023 06:20am

Senate body informed: Global firms wary of investing in country due to absence of data protection law

ISLAMABAD: The Senate Standing Committee on Information Technology and Telecommunication was informed on Wednesday...

Published 06 Apr, 2023 06:20am

Surgical operation performed on elephant at Karachi zoo

KARACHI: A team of international experts completed a surgical operation on female elephant called Noor Jahan in...

Published 06 Apr, 2023 06:20am

Postings of 22 govt, police officers: LHC asks ECP to decide on PTI’s application in 7 days

LAHORE: The Lahore High Court on Wednesday directed the Election Commission of Pakistan (ECP) to take a decision on...

Published 06 Apr, 2023 06:20am

Industry

PAA greets newly-appointed Secretary Information

KARACHI: The Pakistan Advertising Association (PAA) has congratulated Sohail Ali Khan on his appointment as the...

Updated 06 Apr, 2023 07:03am

Concerns expressed over rising violence against Indian Muslims

ISLAMABAD: Pakistan on Wednesday expressed deep concerns at the alarming rise in violence against Muslims in India...

Published 06 Apr, 2023 06:20am

Illegal transformer workshops: Iesco chief seeks report about FIA raid

ISLAMABAD: Chief Executive Iesco Dr Muhammad Amjad Khan has said that if Iesco is the best power distribution ...

Published 06 Apr, 2023 06:20am

PARTLY FACETIOUS: NMN versus the Third Wife

“Uh oh.” “The Supreme Court verdict…” “See the glass as half full – if this 85 plus cabinet goes then...

Published 06 Apr, 2023 06:20am

Bilawal opens Lungs Care Centre in Gambat

GAMBAT/KHAIPUR: Chairman Pakistan Peoples Party (PPP) and Foreign Minister Bilawal Bhutto Zardari has inaugurated...

Published 06 Apr, 2023 06:20am

Letters

It’s about time govt revisited its strategy about judiciary

It is quite unfortunate that the higher judiciary is now being assailed by the government for its failure to stand ...

Published 06 Apr, 2023 06:20am

Politics over economy

“As I have been arguing for a long time now, there is a real need not simply for a political economy of wealth but...

Published 06 Apr, 2023 06:20am

IK bowls yorkers with accuracy–I

A cricketer par excellence, apparently has checkmated himself perilously on the political chess board. All...

Published 06 Apr, 2023 06:20am

Theoretical dilemma: elite capture, inflation

With the recent increase in food inflation and taxes it is essential that we reexamine the discussions regarding...

Published 06 Apr, 2023 06:20am

South Waziristan operation: Soldier martyred, eight terrorists killed: ISPR

RAWALPINDI: A Pakistan Army soldier was martyred and eight terrorists were killed during an intense fire exchange in...

Published 06 Apr, 2023 06:20am

‘Threat’ from Rana: IHC to hear IK’s plea today

ISLAMABAD: The Islamabad High Court (IHC) will resume hearing in Chairman Pakistan Tehreek-e-Insaf (PTI) Imran...

Published 06 Apr, 2023 06:20am

‘Mockery with constitution’ irks PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday termed the Supreme Court’s three-member bench’s decision...

Updated 06 Apr, 2023 06:42am

ECP notifies May 14 as new Punjab election date

ISLAMABAD: A day after Supreme Court fixed May 14 as general polls date for Punjab, the electoral entity on ...

Published 06 Apr, 2023 06:20am

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 06 Apr, 2023 06:20am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (April 05, 2023). ======================== OFFER PRICE...

Published 06 Apr, 2023 06:20am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Wednesday (April 05, 2023). ======================== OFFER PRICE...

Published 06 Apr, 2023 06:20am

Rates

Proposed right issues

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

Published 06 Apr, 2023 06:20am

Rates

Dividend/Bonus Announcements

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

Published 06 Apr, 2023 06:20am

Rates

BOARD MEETINGS

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

Published 06 Apr, 2023 06:20am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (April 05, 2023). ==================================== BR...

Published 06 Apr, 2023 06:20am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Wednesday (April 05, 2023)....

Published 06 Apr, 2023 06:20am

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 06 Apr, 2023 06:20am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Wednesday (April 05, 2023)....

Published 06 Apr, 2023 06:20am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (April 05, 2023)....

Published 06 Apr, 2023 06:20am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (April 05, 2023). ======================== Open Bid...

Published 06 Apr, 2023 06:20am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 05, 2023)....

Published 06 Apr, 2023 06:20am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (April 05, 2023). ======================================= Offset...

Published 06 Apr, 2023 06:20am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (April 05, 2023)...

Published 06 Apr, 2023 06:20am

Rates

LME official prices

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

Published 06 Apr, 2023 06:20am

Energy

Asia’s refining margin for gasoline falls

NEW DELHI: Asia’s refining margin for gasoline fell below $17 a barrel on Wednesday for the first time this week,...

Published 06 Apr, 2023 06:20am

Commodities

EU 2022/23 soft wheat exports at 23.15m tonnes

PARIS: Soft wheat exports from the European Union in the 2022/23 season that started in July had reached 23.15...

Published 06 Apr, 2023 06:20am

Cotton & Textile

Cotton spot rate steady

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

Published 06 Apr, 2023 06:20am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday (April 05, 2023)....

Published 06 Apr, 2023 06:20am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 178,610 tonnes of cargo comprising 118,036 tonnes of import cargo and 60,574...

Published 06 Apr, 2023 06:20am

Energy

US natgas futures end steady

NEW YORK: US natural gas futures held mostly steady on Tuesday as the market balanced rising amounts of gas flowing...

Published 06 Apr, 2023 06:20am

Commodities

ICE canola futures dip

WINNIPEG, (Manitoba): ICE canola futures dipped on Tuesday, weighed down by weaker soybean oil and rapeseed prices....

Published 06 Apr, 2023 06:20am

Energy

Asia’s Hi-5 fuel oil spread crunches to 18-month low

SINGAPORE: Asia’s hi-5 fuel oil spread narrowed to 18-month lows on Wednesday as the very low sulphur oil (VLSFO)...

Published 06 Apr, 2023 06:20am

Commodities

PMEX daily trading report

KARACHI: On Tuesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 21.416...

Published 06 Apr, 2023 06:20am

Energy

UAE non-oil activity rebounds

DUBAI: Non-oil business activity growth in the United Arab Emirates bounced back to the fastest pace in five months...

Published 06 Apr, 2023 06:20am

Commodities

Japan rubber futures slide on rate hike hints

SINGAPORE: Japanese rubber futures opened lower on Wednesday, as traders braced themselves for more volatility ahead...

Published 06 Apr, 2023 06:20am

Energy

Downtrend for cracks continues amid cautious sentiment

SINGAPORE: Asia’s 10-ppm sulphur gasoil and jet fuel margins fell for the third consecutive trading session as a...

Published 06 Apr, 2023 06:20am

Energy

Why US natural gas output keeps rising as prices sink

NEW YORK: US natural gas prices last week plunged to a 30-month low, crossing below $2 per million British thermal...

Published 06 Apr, 2023 06:20am

Commodities

India’s sugar output drops

MUMBAI: Indian mills have produced 30 million tonnes of sugar since the current season began on Oct 1, down 3.3% ...

Published 06 Apr, 2023 06:20am

Commodities

Palm oil ends two-day rally

KUALA LUMPUR: Malaysian palm oil futures slipped more than 2% on Wednesday, ending a sharp two-day climb, although a...

Published 06 Apr, 2023 06:20am

Commodities

Gold scales 1-year peak as slowdown worries mount

NEW YORK: Safe-haven gold touched its highest in one year on Wednesday as recent US economic data fanned fears of a...

Published 06 Apr, 2023 06:20am

Energy

Oil falls as economic fears outweigh OPEC+ cuts

NEW YORK: Oil prices inched lower on Wednesday, despite greater than expected draws in US crude oil and fuel stocks,...

Published 06 Apr, 2023 06:20am

Energy

Consultation on viability of hydrogen use begins

ISLAMABAD: National Energy Efficiency and Conservation Authority (NEECA) has started consultation on economic...

Published 06 Apr, 2023 06:20am

Energy

Selection of consultants for Dasu transmission line: World Bank observation angers Senate panel

ISLAMABAD: The Senate Standing Committee on Power Wednesday expressed its serious annoyance at the World Bank’s...

Published 06 Apr, 2023 06:20am

Rates

Stocks snap losing streak

KARACHI: Pakistan Stock Exchange Wednesday witnessed a mixed trend and after moving both ways, closed on a slightly...

Published 06 Apr, 2023 06:20am

Commodities

Copper prices rise, supported by lower inventories

LONDON: Copper prices in London rose on Wednesday due to support from lower inventories and despite continuing...

Published 06 Apr, 2023 06:20am

Money & Banking

Dollar gains after days of losses

NEW YORK: The dollar edged higher on Wednesday, recovering from two-month lows hit the previous session, as ...

Published 06 Apr, 2023 06:20am

Commodities

Euronext wheat eases again, rapeseed tumbles

PARIS: Euronext wheat fell further on Wednesday while rapeseed dropped 5% as an improving weather outlook for US...

Published 06 Apr, 2023 06:20am

SECP to allow NBFCs to launch digital fund management, lending and trustee services

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will allow the Non-Banking Finance Companies...

Published 06 Apr, 2023 06:20am

Companies

Fesco to provide latest facilities to consumers

FAISALABAD: All available resources are being utilized to provide latest facilities to consumers in eight districts...

Published 06 Apr, 2023 06:20am

Hike in markup rate to put all businesses in deep trouble: LCCI

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has said that unprecedented increase in markup rate...

Published 06 Apr, 2023 06:20am

Taxes

36 FBR officials transferred, posted

ISLAMABAD: The Federal Board of Revenue (FBR) has transferred and posted 36 tax officials of the Inland Revenue...

Published 06 Apr, 2023 06:20am

Commodities

Gold at all-time high

KARACHI: The uptrend in gold prices continued on Wednesday as the metal hit record highs on the local market, ...

Published 06 Apr, 2023 06:20am

KATI chief assails interest rate hike

KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has rejected the decision of...

Published 06 Apr, 2023 06:20am

SAI chief condemns gas supply suspension to industries, CPPs

Industry

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.37
USD PKR Interbank Buying / Jun 16	283.17
USD to Japanese Yen / Jun 17	144.76
USD to Swiss Franc / Jun 17	0.81
Pound Sterling to USD / Jun 17	1.36
Euro to USD / Jun 17	1.16
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
Nasdaq / Jun 14	19,406.83
Dow Jones / Jun 14	42,197.79
India Sensex / Jun 17	81,649.49
Tokyo Nikkei / Jun 17	38,502.10
Hang Seng / Jun 17	23,945.81
FTSE 100 / Jun 17	8,845.59
Germany DAX 30 / Jun 17	23,441.60
France CAC40 / Jun 17	7,694.59

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 16	16,785
Gold 10 Grams PKR / Jun 16	310,613
Petrol/Litre / Jun 17	258.43
Crude Oil USD/Barrel / Jun 17	72.01
Gold Spot USD/Ounce / Jun 17	3,388.42
Diesel/Litre / Jun 17	262.59
Cotton US¢/pound / Jun 17	67.96

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 17 Crescent Jute Products Limited(CJPL)	5.57 ▲ 1 (21.88%)
First Dawood Prop. / Jun 17 First Dawood Properties Limited(FDPL)	4.55 ▲ 0.67 (17.27%)
Gulistan Sp. / Jun 17 Gulistan Spinning Mills Limited(GUSM)	9.28 ▲ 1 (12.08%)
Power Cem(Pref) / Jun 17 Power Cement (Pref)(POWERPS)	18.98 ▲ 1.73 (10.03%)
Merit Packaging / Jun 17 Merit Packaging Limited(MERIT)	14.92 ▲ 1.36 (10.03%)
Service Textile / Jun 17 Service Industries Textiles Limited(SERT)	17.88 ▲ 1.63 (10.03%)
MACPAC Films / Jun 17 MACPAC Films Limited(MACFL)	26.81 ▲ 2.44 (10.01%)
Bannu Woollen / Jun 17 Bannu Woollen Mills Limited(BNWM)	57.71 ▲ 5.25 (10.01%)
Shadman Cotton / Jun 17 Shadman Cotton Mills Limited(SHCM)	57.33 ▲ 5.21 (10%)
Pak Datacom / Jun 17 Pak Datacom Limited(PAKD)	378.26 ▲ 34.39 (10%)

Stock	Price
Unicap Modaraba / Jun 17 Unicap Modaraba(UCAPM)	3.86 ▼ -0.74 (-16.09%)
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	3.31 ▼ -0.54 (-14.03%)
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	3.87 ▼ -0.52 (-11.85%)
Sardar Chemical / Jun 17 Sardar Chemical Industries Limited(SARC)	77.10 ▼ -8.57 (-10%)
Pakgen Power / Jun 17 Pakgen Power Limited(PKGP)	237.39 ▼ -26.38 (-10%)
PIA Holding Co.B / Jun 17 PIA Holding Company Limited B(PIAHCLB)	15,300.17 ▼ -1700.02 (-10%)
Hala Enterprise / Jun 17 Hala Enterprises Limited(HAEL)	24.86 ▼ -2.76 (-9.99%)
Calcorp Ltd / Jun 17 Calcorp Limited(CASH)	43.34 ▼ -4.8 (-9.97%)
Khyber Textile / Jun 17 Khyber Textile Mills Limited(KHYT)	1,457.04 ▼ -158.06 (-9.79%)
First Fid. Leasing / Jun 17 First Fidelity Leasing Modaraba(FFLM)	2.95 ▼ -0.32 (-9.79%)

Stock	Volume
WorldCall Telecom / Jun 17 Worldcall Telecom Limited(WTL)	239,756,205 ▼ -0.01
Pervez Ahmed Consultancy / Jun 17 Pervez Ahmed Consultancy Services Ltd.(PASL)	97,496,465 ▼ -0.05
Sui South Gas / Jun 17 Sui Southern Gas Company Limited(SSGC)	49,860,990 ▲ 1.54
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	49,081,749 ▼ -0.54
B.O.Punjab / Jun 17 The Bank of Punjab(BOP)	43,532,329 ▲ 0.17
Bank Makramah / Jun 17 Bank Makramah Limited(BML)	41,528,036 ▲ 0.2
Kohinoor Spining / Jun 17 Kohinoor Spinning Mills Limited(KOSM)	37,900,841 ▼ -0.11
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	37,499,448 ▼ -0.52
PIA Holding Co.Ltd / Jun 17 PIA Holding Company Limited(PIAHCLA)	25,538,700 ▼ -0.21
First Dawood Prop. / Jun 17 First Dawood Properties Limited(FDPL)	23,790,756 ▲ 0.67

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