News Archives for Print - 2023-05-05

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Print - 2023-05-05

South Asia

Troops deployed to Indian state after protests kill six

NEW DELHI: Indian authorities deployed hundreds of military personnel and cut off internet services to a ...

Published 05 May, 2023 06:44am

Shujaat is constitutional & legal president of PML-Q, ECP rules

LAHORE: Welcoming the Election Commission of Pakistan’s (ECP) ruling that Chaudhry Shujaat Hussain will remain the...

Published 05 May, 2023 06:44am

Wild poliovirus in southern KP: Ulema pledge support to polio eradication efforts

LAHORE: Most of Pakistan is polio-free but there is still wild poliovirus circulating in parts of the country,...

Published 05 May, 2023 06:44am

Northern parts may receive slightly above normal rainfall

KARACHI: The country’s northern parts are likely to receive a slightly above normal rainfall whereas south near ...

Published 05 May, 2023 06:44am

Microsoft expands AI access to public

SAN FRANCISCO: Microsoft on Thursday expanded public access to its generative artificial intelligence programs,...

Published 05 May, 2023 06:44am

White House says ‘will not negotiate’ on debt ceiling extension

WASHINGTON: President Joe Biden will not negotiate with Republicans on their push to make spending cuts a...

Published 05 May, 2023 06:44am

South Asia

CPJ joins call for BD authorities to end crackdown against journalists

NEW YORK: On World Press Freedom Day, Wednesday, May 3, the Committee to Protect Journalists joined five civil...

Published 05 May, 2023 06:44am

Fears 860,000 could flee as Sudan fighting leaves truce in tatters

KHARTOUM: Gunfire and explosions rocked Sudan’s capital Khartoum for a 20th straight day Thursday, leaving the...

Published 05 May, 2023 06:44am

KCR affectees: Senate body displeased over non-implementation of SC orders

ISLAMABAD: The Senate Standing Committee on Railways on Thursday expressed displeasure over the non-implementation ...

Published 05 May, 2023 06:44am

PeaceFlix, PNCA, WFAP hold painting expo

ISLAMABAD: A one-day painting exhibition titled “Uks-e-Aman” was organised by PeaceFlix in collaboration with ...

Published 05 May, 2023 06:44am

Non-ownership of any flat or house in Islamabad: Only 57 out 241 officials submit affidavits

ISLAMABAD: A meeting of the Senate Standing Committee on Housing and Works was informed on Thursday that only 57 out...

Published 05 May, 2023 06:44am

NTF on Human Resource and Skill Development established

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has formally established a National Task...

Published 05 May, 2023 06:44am

Raid at Elahi residence: LHC asks officials to tender unconditional apology

LAHORE: The Lahore High Court on Thursday directed the officials of Anti-Corruption Establishment (ACE) and police ...

Published 05 May, 2023 06:44am

Court grants interim pre-arrest bail to Elahi till 11th

LAHORE: The Anti-Terrorism Court on Thursday granted interim pre-arrest bail to PTI president and former Chief...

Published 05 May, 2023 06:44am

Bushra Bibi serves legal notice on Maryam

LAHORE: Bushra Bibi, wife of former prime minister Imran Khan, on Thursday sent a legal notice to Senior Vice...

Published 05 May, 2023 06:44am

The Weather

KARACHI: The weather report on Thursday (May 04, 2023) and the forecast for Friday (May 05, 2023)...

Published 05 May, 2023 06:44am

Bilawal says ‘happy’ on rare visit to India

BENAULIM, (India): Foreign Minister Bilwal Bhutto-Zardari arrived in India Thursday to take part in an international...

Published 05 May, 2023 06:44am

Bilawal meets Lavrov

Karachi: Foreign Minister Bilawal Bhutto-Zardari met his Russian counterpart, Sergey Lavrov, on the sidelines of the...

Published 05 May, 2023 06:44am

NA refers issue of alleged corruption by Justice Naqvi to PAC

ISLAMABAD: The National Assembly Thursday referred the issue of alleged financial corruption by Justice Mazahar Ali...

Published 05 May, 2023 06:44am

IK: IHC extends interim bails for 10 more days

ISLAMABAD: The Islamabad High Court (IHC) extended interim bails for 10 more days to Pakistan Tehreek-e-Insaf (PTI)...

Published 05 May, 2023 06:44am

SCBA suspends membership of PBC EC members

ISLAMABAD: The Supreme Court Bar Association (SCBA) has suspended the membership of the members of the executive...

Published 05 May, 2023 06:44am

Same-day elections: SC to resume hearing today

ISLAMABAD: The Supreme Court Friday (Apr 5) at 11:30 am will resume hearing of the petitions for holding elections...

Published 05 May, 2023 06:44am

Upper Kurram: seven teachers killed in school shooting

PESHAWAR: In a latest incident of violence in Khyber Pakhtunkhwa, at least eight people were gunned down including...

Published 05 May, 2023 06:44am

Militants martyr six soldiers near Afghan border

PESHAWAR: Militants martyred six soldiers in an exchange of fire with the military in a northwestern tribal district...

Published 05 May, 2023 06:44am

All plots allotted by KMC must be made public: NA panel

ISLAMABAD: The National Assembly Standing Committee on Rules of Procedure and Privileges Thursday took different...

Published 05 May, 2023 06:44am

Benazir Income Support Programme: Balochistan, remote areas: minister says ‘missing number’ quite high

ISLAMABAD: Minister for Poverty Alleviation Shazia Marri on Thursday admitted that the missing number of eligible...

Published 05 May, 2023 06:44am

Two terrorists killed, DSP hurt in DIK

PESHAWAR: Police shot dead two terrorists in a counterattack in Dera Ismail (DI) Khan on Thursday. According to...

Published 05 May, 2023 06:44am

Nikkah during Bushra Bibi’s iddat period? Awn Chaudhry records statement before senior judge

ISLAMABAD: Former personal secretary of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and Advisor to Prime...

Published 05 May, 2023 06:44am

Civic agency asked to repair 475 water filtration plants within fortnight

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi has issued directions that the closed water filtration...

Published 05 May, 2023 06:44am

PARTLY FACETIOUS: Khan’s spiritual guide

“The Khan has publicly acknowledged that his wife is his murshid, a spiritual guide…” “I don’t see why...

Updated 05 May, 2023 07:12am

Critical economic challenges

Pakistan’s recent economic crisis, brewing since last few years, intensified in the last quarter of fiscal year...

Published 05 May, 2023 06:44am

Pakistan, and international global financial order: Revisiting macroeconomic policy

In the recently released report ‘Regional Economic Outlook: Middle East and Central Asia’ by International...

Published 05 May, 2023 06:44am

Letters

The positive Lavrov factor

Pakistan’s foreign minister Bilawal Bhutto-Zardari is on a rare visit to India. After arriving in one of India’s...

Published 05 May, 2023 06:44am

Decline in our exports

There are two major factors behind the decline of the dollar value of our textile exports. The first is a drop in ...

Published 05 May, 2023 06:44am

Stocks

Wall Street falls as PacWest woes fuel fresh selloff

NEW YORK: US stock indexes fell on Thursday after PacWest’s move to explore strategic options deepened concerns...

Published 05 May, 2023 06:44am

Stocks

European shares end lower as ECB slows rate hikes

PARIS: European shares ended Thursday lower after the European Central Bank eased the pace of its interest rate ...

Published 05 May, 2023 06:44am

Stocks

Shanghai, HK stocks rise, led by financials

SHANGHAI: Shanghai and Hong Kong stocks rose on Thursday, led by gains in financials and state-owned enterprises...

Published 05 May, 2023 06:44am

Rates

Revised Rates of Debt Securities

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

Published 05 May, 2023 06:44am

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 05 May, 2023 06:44am

Rates

Member to Member

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

Published 05 May, 2023 06:44am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 05 May, 2023 06:44am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (May 04, 2023). ==================================== BR...

Published 05 May, 2023 06:44am

Stocks

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

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

Published 05 May, 2023 06:44am

Rates

BOARD MEETINGS

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

Published 05 May, 2023 06:44am

Rates

Dividend/Bonus Announcements

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

Published 05 May, 2023 06:44am

Stocks

Last date of renunciation/payment

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

Published 05 May, 2023 06:44am

Rates

Proposed right issues

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

Published 05 May, 2023 06:44am

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 05 May, 2023 06:44am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (May 04, 2023). ========================== KIBOR...

Published 05 May, 2023 06:44am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Thursday (May 04, 2023)....

Published 05 May, 2023 06:44am

Rates

Stocks witness uptick

KARACHI: Pakistan Stock Exchange Thursday remained bullish for most part of the session, however profit-taking at ...

Published 05 May, 2023 06:44am

Luxury items including vehicles, mobile phones: RDs imposed through SROs on import expired in March: FBR

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad said on Thursday that the regulatory duties imposed...

Updated 05 May, 2023 09:04am

Trilateral dialogue: Chinese FM, Afghan acting FM to arrive today

ISLAMABAD: Chinese State Councilor and Foreign Minister Qin Gang and acting Afghan Foreign Minister Amir Khan...

Updated 05 May, 2023 09:06am

PM directs PD, KP to assess potential of hydrocarbon seepages

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Ministry of Energy (Petroleum Division) and Khyber Pakhtunkhwa...

Updated 05 May, 2023 09:05am

Energy

Envoy for expanding partnership between Austrian firms, Wapda

LAHORE: Appreciating the contribution of Wapda to developing a sustainable and no-carbon energy economy in Pakistan,...

Published 05 May, 2023 06:44am

Energy

Local women presence in mega CPEC power project in Thar

KARACHI: The Thar Block-1 Integrated Coal Mine Power Project, a key part of the China Pakistan Economic Corridor...

Published 05 May, 2023 06:44am

Commodities

Gold, silver prices at new record highs

KARACHI: Gold and silver prices on Thursday further grew to the new record highs on the local market, traders said....

Published 05 May, 2023 06:44am

Commodities

Iron ore futures lower

BEIJING: Dalian and Singapore iron ore futures extended losses on Thursday, following a more than 10% drop in the...

Published 05 May, 2023 06:44am

Commodities

Chicago corn futures hit another calendar-year low

NAPERVILLE, (Illinois): Chicago-traded December corn futures hit another calendar-year low on Wednesday, continuing...

Published 05 May, 2023 06:44am

Energy

US natgas futures down

NEW YORK: US natural gas futures slid about 2% to a one-week low on Wednesday as drillers keep pulling record ...

Published 05 May, 2023 06:44am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 218,757 tonnes of cargo comprising 157,082 tonnes of import cargo and 61,675...

Published 05 May, 2023 06:44am

Cotton & Textile

Cotton spot rates

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

Published 05 May, 2023 06:44am

Cotton & Textile

Cotton market: Spot rate steady amid modest business

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

Published 05 May, 2023 06:44am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 18.762...

Published 05 May, 2023 06:44am

Energy

Asia Fuel Oil Cash premiums ease as market backwardation narrows

SINGAPORE Asia’s cash premiums for fuel oil dipped on Thursday as market backwardation narrowed. The spot cash...

Published 05 May, 2023 06:44am

Commodities

Copper drifts higher on possible Fed pause

LONDON: Copper prices edged up on Thursday after the US central bank signalled a pause on rate hikes, but gains were...

Published 05 May, 2023 06:44am

Energy

Oil up slightly after smaller ECB hike

NEW YORK: Oil prices rose on Thursday after the European Central Bank (ECB) decided to slow the pace of its interest...

Published 05 May, 2023 06:44am

Commodities

Gold flirts with all-time highs as banking concerns deepen

NEW YORK: Gold made another run toward record highs on Thursday as US banking concerns accelerated a flight to the...

Published 05 May, 2023 06:44am

Commodities

Indonesia to narrow scope of palm oil trade on planned exchange

JAKARTA: Indonesia will narrow the scope of crude palm oil (CPO) products traded on a planned exchange it hopes to...

Published 05 May, 2023 06:44am

Rates

LME official prices

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

Published 05 May, 2023 06:44am

Grains

Lahore Grain Market Rates

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

Published 05 May, 2023 06:44am

Paper

Lahore Paper Market Rates

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

Published 05 May, 2023 06:44am

Rates

Shipping Intelligence

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

Published 05 May, 2023 06:44am

Forex

Dollar's rate in interbank market

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

Published 05 May, 2023 06:44am

Forex

Kerb buying and selling rate of US dollar

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

Published 05 May, 2023 06:44am

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 May, 2023 06:44am

Forex

Open market rates of foreign currencies

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

Published 05 May, 2023 06:44am

Budget plans: new IMF hurdle leaves govt in limbo

KARACHI: The International Monetary Fund (IMF) is preparing to discuss Pakistan’s budget plans for the coming...

Updated 05 May, 2023 08:54am

Pakistan-Turkiye trade in goods agreement comes into force

Under the agreement, Pakistan has gained preferential access to the Turkish market under 261 tariff lines covering traditional as well as non-traditional sectors

Updated 05 May, 2023 08:53am

Ministry cannot pay water usage charges to AJ&K just now

ISLAMABAD: Ministry of Water Resources has refused to pay Water Usage Charges (WUC) to Government of Azad Jammu and...

Updated 05 May, 2023 09:00am

Wheat procurement: ECC issues directives on issue of bank charges

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has directed Secretaries of Finance and National...

Updated 05 May, 2023 09:01am

PFMA for procuring wheat from open market

LAHORE: The Pakistan Flour Mills Association (PFMA) has warned of taking extreme measures if the mills were not...

Updated 05 May, 2023 08:59am

Forex reserves up $19m

KARACHI: The country’s total liquid foreign exchange reserves rose by $19 million during last week. According to...

Published 05 May, 2023 06:44am

PTI to put up show in support of CJP tomorrow

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan Thursday announced to hold rallies in Islamabad, Lahore,...

Updated 05 May, 2023 09:00am

ECB slows rate hike pace but signals more to come

FRANKFURT: The European Central Bank slowed the pace of its interest rate increases on Thursday but signalled more...

Published 05 May, 2023 06:44am

German RE firms show no interest in solar power project at Muzaffargarh

ISLAMABAD: German Renewable Energy (RE) companies have shown no interest in Pakistan’s flagship solar power project...

Updated 05 May, 2023 09:03am

Passco: PAC seeks wheat data

ISLAMABAD: The Public Accounts Committee (PAC) that met here under Chairman Noor Alam Khan sought data of the Passco...

Updated 05 May, 2023 09:02am

TDAP to participate in Paris textile fair in July

KARACHI: The Trade Development Authority of Pakistan (TDAP) will participate in Texworld-Apparel Sourcing, to be ...

Published 05 May, 2023 06:44am

Taxes

FTO launches helpline to guide, facilitate taxpayers

ISLAMABAD: The Federal Tax Ombudsman (FTO) office on Thursday launched helpline to guide and facilitate the ...

Published 05 May, 2023 06:44am

Taxes

FBR informs Senate body: 2,059MTs of sugar in Balochistan, 70MTs in KP seized

ISLAMABAD: The government has stated that 2,059 metric tonnes of sugar in Balochistan and 70 metric tons in...

Published 05 May, 2023 06:44am

Export-oriented sectors: PTEA resents withdrawal of concessional gas tariff

FAISALABAD: Pakistan Textile Exporters Association (PTEA) has flayed the decision of withdrawal of concessional...

Published 05 May, 2023 06:44am

Taxes

Over 100 FBR officers submit leave intimations to protest pay disparities

LAHORE: More than 100 officers of the Federal Board of Revenue (FBR) have submitted leave intimations to lodge their...

Published 05 May, 2023 06:44am

Interest rate and profitability

EDITORIAL: Profitability of Pakistani banks rose to a record high of 126 billion rupees – up by 56 percent year on...

Published 05 May, 2023 06:44am

India: the sun sets on religious freedoms

EDITORIAL: First things first. The US Commission on International Religious Freedom (USCIRF) is said to be a fully...

Published 05 May, 2023 06:44am

Taxes

E&T dept collects over Rs103,645m until April: Chawla

KARACHI: Sindh Excise, Taxation, and Narcotics Control Department announced to collect over Rs 103645 million in the...

Published 05 May, 2023 06:44am

Companies: SECP issues guidelines on amalgamations/mergers

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will continue to assess each scheme of merger...

Published 05 May, 2023 06:44am

Industry

SMAP urges govt to register pink salt as GI tag product soon

KARACHI: Ismail Suttar, Chairman Salt Manufacturers Association of Pakistan (SMAP) has urged the government to...

Published 05 May, 2023 06:44am

Pakistan selling cheapest cigarettes in region: Study

ISLAMABAD: Pakistan is selling cheapest cigarettes in the region, revealed a research study on Thursday. For...

Updated 05 May, 2023 07:06am

Money & Banking

Dollar gains, euro dips after cautious ECB

NEW YORK: The dollar gained against the euro after the European Central Bank eased its pace of rate hikes, a day...

Published 05 May, 2023 06:44am

Companies

BoD of SPL announces Q1 result

ISLAMABAD: The Board of Directors of Shell Pakistan Limited (SPL) announced the first quarter results for the ...

Published 05 May, 2023 06:44am

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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