News Archives for Print - 2023-05-11

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Print - 2023-05-11

The Weather

KARACHI: The weather report on Wednesday (May 10, 2023) and the forecast for Thursday (May 11, 2023)...

Published 11 May, 2023 05:54am

Hot weather grips several parts of country

KARACHI: Hot weather on Wednesday gripped several parts of the country with the season's highest temperature 46...

Published 11 May, 2023 05:54am

Tyrian White case: IHC CJ orders ‘bench reconstitution’

ISLAMABAD: In an unprecedented happening of events, the chief justice of the Islamabad High Court (IHC), Wednesday,...

Published 11 May, 2023 05:54am

IK arrest to spread anarchy: PDP chief

KARACHI: Arrest of Imran Khan from court premises is not appropriate and it would spread anarchy, said Pasban...

Published 11 May, 2023 05:54am

Cases against Murad Saeed: LHC seeks details by 22nd

LAHORE: The Lahore High Court on Tuesday sought details of the cases registered against former federal minister ...

Published 11 May, 2023 05:54am

National Social Protection moot concludes: Marri says joint efforts vital for financial uplifting of poor

ISLAMABAD: Shazia Marri, Federal Minister for Poverty Alleviation and Social Safety (PA&SS), Chairperson Benazir...

Published 11 May, 2023 05:54am

Flagship 5G smartphones: MediaTek expands portfolio with new Dimensity 9200+ chipset

KARACHI: MediaTek has expanded its Dimensity portfolio with its new Dimensity 9200+ chipset for flagship 5G...

Published 11 May, 2023 05:54am

Electric wheelchairs distributed: Minister advises special students to sharpen mental strength

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has advised the university...

Published 11 May, 2023 05:54am

7th Digital Population & Housing census -2023: Minister directs provinces to complete operation till 15th

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Wednesday directed...

Published 11 May, 2023 05:54am

Golden Jubilee of Constitution: NA speaker says 10th April 1973 shining, historic moment in national history

ISLAMABAD: The Speaker National Assembly Raja Pervaiz Ashraf on Wednesday said 10th April 1973 is a shining and...

Published 11 May, 2023 05:54am

Pakistan welcomes Saudi Arabia’s efforts for peace in Sudan

ISLAMABAD: Pakistan on Wednesday welcomed Saudi Arabia’s efforts for peace in Sudan and reiterated its principled...

Published 11 May, 2023 05:54am

PTI miscreants have links with BJP, RSS, says Tarar

ISLAMABAD: Special Assistant to the Prime Minister Attaullah Tarar, Wednesday, claimed that the miscreants of...

Published 11 May, 2023 05:54am

Assad receives Saudi invitation to Arab summit

DAMASCUS: Syrian President Bashar al-Assad received an invitation to next week’s Arab summit in Saudi Arabia, the...

Published 11 May, 2023 05:54am

Fifteen children drown, 25 more missing in Nigeria boat tragedy

KANO: Fifteen children drowned and 25 others were missing after their overloaded boat capsized on a river in...

Published 11 May, 2023 05:54am

ASEAN vows action on human traffickers operating online

LABUAN BAJO (Indonesia): Southeast Asian nations vowed Wednesday tougher action on human trafficking as criminals...

Published 11 May, 2023 05:54am

‘Karachiites have buried the politics of bullying’: Murtaza

KARACHI: Spokesperson of Sindh Government and Advisor for Law Barrister Murtaza Wahab has said that the people of...

Published 11 May, 2023 05:54am

Cleaning operation at Shahrah-e-Faisal under way

KARACHI: Sindh Solid Waste Management Board (SSWMB) on Wednesday mobilized various teams to carry out cleaning...

Published 11 May, 2023 05:54am

Sindh CM vows stiff action against miscreants

KARACHI: Sindh CM Murad Ali Shah visited various areas of the city late night and early morning after lawless...

Published 11 May, 2023 05:54am

PPP leader condemns violence over IK’s arrest

KARACHI: Pakistan People’s Party (PPP) Hub chapter President Ali Hasan Brohi has said that the recent events...

Published 11 May, 2023 05:54am

Pakistani-Americans urge govt to abide by constitution

KARACHI: On Monday May 08th 2023, Congresswoman Maxine Waters held a zoom call with former Prime Minister Imran Khan...

Published 11 May, 2023 05:54am

Punjab govt approves army’s deployment to control situation

LAHORE: The Punjab government approved on Wednesday army’s deployment in the province to address the deteriorating...

Published 11 May, 2023 05:54am

Imran indicted in Toshakhana case

ISLAMABAD: A local court on Wednesday indicted Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan in the Toshakhana...

Published 11 May, 2023 05:54am

Former Punjab governor Omar Cheema arrested

LAHORE: A team of the Anti-Corruption Establish-ment (ACE) Punjab has arrested the former Punjab governor and PTI...

Published 11 May, 2023 05:54am

HRCP concerned at deepening political crisis

LAHORE: The Human Rights Commission of Pakistan (HRCP) has expressed its grave concern over the unfolding political...

Published 11 May, 2023 05:54am

Rs105m collected thru price control app

LAHORE: Through the use of a smartphone application, Price Control Magistrate App, the Punjab government collected...

Published 11 May, 2023 05:54am

CM takes steps to deal with post-IK arrest situation

LAHORE: The caretaker Chief Minister Punjab, Mohsin Naqvi chaired an important meeting at his office aimed at...

Published 11 May, 2023 05:54am

Only around 50pc of women own mobile phones: GSMA

ISLAMABAD: Only around half of all women in Pakistan own a mobile phone compared to 81 percent of men, and without...

Published 11 May, 2023 05:54am

5G networks: SATRC workshop highlights significance of national optical fibre

ISLAMABAD: The South Asian Telecommunication Regulators’ Council (SATRC) Workshop on Policy, Regulation and...

Published 11 May, 2023 05:54am

Israel, Palestinian militants trade deadly fire over Gaza

GAZA CITY, (Palestinian Territories): Israel’s army and Gaza militants traded heavy cross-border fire Wednesday,...

Published 11 May, 2023 05:54am

Industry

Suspension of mobile broadband has devastating effect on economy

ISLAMABAD: The suspension of mobile broadband services has resulted in a devastating effect on the economy as ...

Published 11 May, 2023 05:54am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (May 10, 2023)....

Published 11 May, 2023 05:54am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Wednesday (May 10, 2023). ======================== OFFER PRICE...

Published 11 May, 2023 05:54am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Wednesday (May 10, 2023). ======================== OFFER PRICE...

Published 11 May, 2023 05:54am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Wednesday (May 10, 2023). ======================== OFFER PRICE...

Published 11 May, 2023 05:54am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (May 10, 2023). ======================== OFFER PRICE...

Published 11 May, 2023 05:54am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (May 10, 2023). ======================== OFFER PRICE...

Published 11 May, 2023 05:54am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Wednesday (May 10, 2023). ======================== OFFER PRICE 1,496.7816...

Published 11 May, 2023 05:54am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Wednesday (May 10, 2023). ======================== OFFER PRICE ...

Published 11 May, 2023 05:54am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Wednesday (May 10, 2023). ======================== OFFER PRICE...

Published 11 May, 2023 05:54am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (May 10, 2023). ======================== OFFER PRICE...

Published 11 May, 2023 05:54am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Wednesday (May 10, 2023). ======================== OFFER PRICE...

Published 11 May, 2023 05:54am

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 11 May, 2023 05:54am

Rates

Proposed right issues

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

Published 11 May, 2023 05:54am

Stocks

Last date of renunciation/payment

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

Published 11 May, 2023 05:54am

Rates

BOARD MEETINGS

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

Published 11 May, 2023 05:54am

Stocks

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

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

Published 11 May, 2023 05:54am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (May 10, 2023). ==================================== BR...

Published 11 May, 2023 05:54am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 11 May, 2023 05:54am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Wednesday (May 10, 2023)....

Published 11 May, 2023 05:54am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 10, 2023)....

Published 11 May, 2023 05:54am

Rates

LME official prices

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

Published 11 May, 2023 05:54am

Letters

IK has raised a profound question

Hours before a deeply embittered Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan responded to ISPR’s statement...

Published 11 May, 2023 05:54am

Why’s everybody so surprised?

Why’s everybody so surprised that Imran Khan was finally arrested and PTI’s reaction lit up the whole country?...

Published 11 May, 2023 05:54am

Stocks

Nasdaq leads gains on Wall St on signs of easing inflation

NEW YORK: The Nasdaq led gains among Wall Street’s main indexes on Wednesday as a slightly lower-than-expected...

Published 11 May, 2023 05:54am

Stocks

European stocks fall after sticky US inflation

PARIS: European shares dropped on Wednesday as strong underlying inflation in the US indicated that the Federal...

Published 11 May, 2023 05:54am

Stocks

China stocks lose further on shrinking imports

HONG KONG: Chinese stocks extended declines on Wednesday after a disappointing April trade data, and as traders...

Published 11 May, 2023 05:54am

Stocks

Gulf stock markets end mixed

DUBAI: Gulf stock markets showed no clear direction on Wednesday after a mixed set of corporate earnings, while...

Published 11 May, 2023 05:54am

PARTLY FACETIOUS: A performance analysis of murshids

“Why are you shaking your head? It’s not as if former heads of government have never been arrested.” “Yes...

Published 11 May, 2023 05:54am

PTI’s protest: DIG operations undergoes eye surgery

LAHORE: The caretaker provincial Minister of Health Dr Javed Akram visited Services Hospital and met the family of...

Published 11 May, 2023 05:54am

Saudi parliamentary delegation calls on NA speaker

ISLAMABAD: Dr Abdullah Mohammad Al-Sheikh, Chairman of Majlis-e-Shura of Kingdom of Saudi Arabia, accompanied by the...

Published 11 May, 2023 05:54am

COAS returns from Oman, Qatar

ISLAMABAD: Chief of Army Staff (COAS) General Syed Asim Munir has returned to Pakistan following official military...

Published 11 May, 2023 05:54am

PTI’s protests continue in twin cities

ISLAMABAD: The twin cities of Islamabad and Rawalpindi turned into a battleground as a large number of supporters of...

Published 11 May, 2023 05:54am

SC turns down PTI pleas against IHC order

ISLAMABAD: The Supreme Court on Wednesday turned down the Pakistan Tehreek-e-Insaf (PTI)’s petition challenging ...

Published 11 May, 2023 05:54am

Fazl for strong action against miscreants

ISLAMABAD: Chief Pakistan Democratic Movement (PDM) Maulana Fazlur Rehman on Wednesday called for the eradication of...

Published 11 May, 2023 05:54am

Talks with TTP: Pakistan condemns Muttaqi’s statement

ISLAMABAD: Pakistan has expressed disappointment at Afghanistan acting foreign minister Amir Khan Muttaqi’s...

Published 11 May, 2023 05:54am

UK monitoring situation carefully: Sunak

LONDON: Britain is monitoring the situation in Pakistan carefully, Prime Minister Rishi Sunak said on Wednesday,...

Published 11 May, 2023 05:54am

Army deployed in Islamabad, Punjab and KP

ISLAMABAD: The army has been called in by two provinces, Punjab and Khyber-Pakhtunkhwa, as well as, in the federal...

Updated 11 May, 2023 08:53am

IK remanded in NAB custody for eight days

ISLAMABAD: The Accountability Court on Wednesday granted the National Accountability Bureau (NAB) eight-day physical...

Updated 11 May, 2023 08:53am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (May 10,...

Published 11 May, 2023 05:54am

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 11 May, 2023 05:54am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (May 10, 2023)....

Published 11 May, 2023 05:54am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (May 10, 2023). ======================== Open Bid Rs...

Published 11 May, 2023 05:54am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (May 10, 2023). ======================================= Offset...

Published 11 May, 2023 05:54am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (May 10, 2023)...

Published 11 May, 2023 05:54am

Commodities

ICE canola futures rise

WINNIPEG, Manitoba: ICE canola futures rose on Tuesday, boosted by a government report showing lower-than-expected...

Published 11 May, 2023 05:54am

Commodities

Gold posts record single-day increase

KARACHI: Gold prices on Wednesday continued to shoot up to the fresh historic highs with silver on the local market,...

Published 11 May, 2023 05:54am

Commodities

Palm oil ends five-session high

KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday despite a deeper-than-expected cut in April production ...

Published 11 May, 2023 05:54am

Commodities

Gold holds post-CPI gains on hopes for Fed pause

NEW YORK: Gold held onto gains on Wednesday in relatively choppy trading as the dollar retreated after US inflation...

Published 11 May, 2023 05:54am

Energy

Oil falls 2pc on surprise jump in US crude inventories

BENGALURU: Oil prices fell more than a dollar a barrel on Wednesday, ending a three-day rally as an unexpected jump...

Published 11 May, 2023 05:54am

Commodities

Weak Chinese demand outlook punishes copper

LONDON: Copper and other industrial metals fell on Wednesday after weak trade data from top consumer China cemented...

Published 11 May, 2023 05:54am

Commodities

Japanese rubber gains

SINGAPORE: Japanese rubber futures climbed on Wednesday, tracking strength in the Shanghai market, supported by...

Published 11 May, 2023 05:54am

Cotton & Textile

Listless business on cotton market

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

Published 11 May, 2023 05:54am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday (May 10, 2023)...

Published 11 May, 2023 05:54am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 28,195 tonnes of cargo comprising 15,620 tonnes of import cargo and 12,575...

Published 11 May, 2023 05:54am

Energy

US natgas down as Canada exports rise

NEW YORK: US natural gas futures fell about 2% on Wednesday as Canada boosted exports after reducing flows earlier ...

Published 11 May, 2023 05:54am

Commodities

Iron ore holds ground on renewed China demand optimism

MANILA: Benchmark iron ore futures held their ground on Wednesday, supported by renewed optimism around demand...

Published 11 May, 2023 05:54am

Energy

Asia’s 10ppm sulphur gasoil refining margins up

SINGAPORE: Asia’s 10ppm sulphur gasoil refining margins rose on Wednesday, supported by falling crude prices, even...

Published 11 May, 2023 05:54am

Commodities

PMEX daily trading report

KARACHI: On Tuesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 13.936...

Published 11 May, 2023 05:54am

Energy

Asia’s spot fuel market steady to firmer

SINGAPORE Asia’s spot fuel oil market was steady to firmer on Wednesday as market backwardation firmed, while more...

Published 11 May, 2023 05:54am

Grains

EU 2022/23 soft wheat exports reach 26.49m tonnes

PARIS: Soft wheat exports from the European Union in the 2022/23 season that started last July reached 26.49 million...

Published 11 May, 2023 05:54am

Energy

PSMA requests FBR to withdraw SRO 501(1)/2023

LAHORE: The Pakistan Steel Melters Association (PSMA) on Wednesday raised serious concern that the Federal Board of...

Published 11 May, 2023 05:54am

Power supply to Dasu affectees: Pesco accused of being uncooperative

ISLAMABAD: Water and Power Development Authority (Wapda) has accused Peshawar Electric Power Supply Company (Pesco)...

Updated 11 May, 2023 08:43am

International tax conventions, deals: SC says role of state more of an implementer than an interpreter

ISLAMABAD: The Supreme Court held that international tax conventions or agreements or treaties are of a special...

Updated 11 May, 2023 08:48am

TPS Guddu: PD against planned diversion of gas supply to urea factories

ISLAMABAD: Power Division is said to have opposed diversion of 110 MMCFD gas of Mari Gas from Thermal Power Station...

Updated 11 May, 2023 08:44am

Exporters oppose ban on rice cultivation in various Sindh districts

KARACHI: Rice exporters have strongly opposed a ban on rice cultivation in the various districts of Sindh province....

Updated 11 May, 2023 08:47am

Rates

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%)
B. F. Modaraba / Jun 17 B.F. Modaraba(BFMOD)	10.31 ▲ 1 (10.74%)
Merit Packaging / Jun 17 Merit Packaging Limited(MERIT)	14.92 ▲ 1.36 (10.03%)
Power Cem(Pref) / Jun 17 Power Cement (Pref)(POWERPS)	18.98 ▲ 1.73 (10.03%)
Service Textile / Jun 17 Service Industries Textiles Limited(SERT)	17.88 ▲ 1.63 (10.03%)
Bannu Woollen / Jun 17 Bannu Woollen Mills Limited(BNWM)	57.71 ▲ 5.25 (10.01%)
MACPAC Films / Jun 17 MACPAC Films Limited(MACFL)	26.81 ▲ 2.44 (10.01%)
Shadman Cotton / Jun 17 Shadman Cotton Mills Limited(SHCM)	57.33 ▲ 5.21 (10%)

Stock	Price
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	3.71 ▼ -0.68 (-15.49%)
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	3.30 ▼ -0.55 (-14.29%)
First Fid. Leasing / Jun 17 First Fidelity Leasing Modaraba(FFLM)	2.86 ▼ -0.41 (-12.54%)
Unicap Modaraba / Jun 17 Unicap Modaraba(UCAPM)	4.05 ▼ -0.55 (-11.96%)
Hira Textile / Jun 17 Hira Textile Mills Limited(HIRAT)	3.92 ▼ -0.5 (-11.31%)
Khyber Textile / Jun 17 Khyber Textile Mills Limited(KHYT)	1,453.59 ▼ -161.51 (-10%)
PIA Holding Co.B / Jun 17 PIA Holding Company Limited B(PIAHCLB)	15,300.20 ▼ -1699.99 (-10%)
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%)
LSE Financial Serv. / Jun 17 LSE Financial Services Limited(LSEFSL)	36.54 ▼ -4.06 (-10%)

Stock	Volume
WorldCall Telecom / Jun 17 Worldcall Telecom Limited(WTL)	238,859,130 ▲ 0
Pervez Ahmed Consultancy / Jun 17 Pervez Ahmed Consultancy Services Ltd.(PASL)	94,887,948 ▼ -0.14
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	48,989,962 ▼ -0.55
Sui South Gas / Jun 17 Sui Southern Gas Company Limited(SSGC)	48,920,130 ▲ 1.72
B.O.Punjab / Jun 17 The Bank of Punjab(BOP)	43,508,621 ▲ 0.18
Bank Makramah / Jun 17 Bank Makramah Limited(BML)	41,528,036 ▲ 0.26
Kohinoor Spining / Jun 17 Kohinoor Spinning Mills Limited(KOSM)	37,699,314 ▼ -0.12
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	36,863,644 ▼ -0.68
PIA Holding Co.Ltd / Jun 17 PIA Holding Company Limited(PIAHCLA)	25,500,243 ▼ -0.26
First Dawood Prop. / Jun 17 First Dawood Properties Limited(FDPL)	23,676,614 ▲ 0.67

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