News Archives for Print - 2023-05-12

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Print - 2023-05-12

IGP should be ashamed of telling lies: Dr Yasmin

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Central Punjab President Dr Yasmin Rashid on Thursday castigated Inspector...

Published 12 May, 2023 07:08am

Asif raises concerns over nullifying IK’s arrest

ISLAMABAD: Defence Minister Khawaja Asif on Thursday raised concerns over the Supreme Court’s decision to nullify...

Published 12 May, 2023 07:07am

Industry

KBRIA team, Lesco chief discuss traders, industry issues

LAHORE: A delegation of Kattar Band Road Industrial Association called on the Lesco Chief Shahid Haider and had a...

Published 12 May, 2023 07:02am

PPP never takes law in hand: Bilawal

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman and Foreign Minister Bilawal Bhutto Zardari said that the PPP never...

Published 12 May, 2023 06:56am

Post of member (administration): PTA-recommended candidate requests for application’s withdrawal

ISLAMABAD: Dr Muhammad Amir Malik - one of the three recommended candidates for the post of Member Administration of...

Published 12 May, 2023 06:54am

Industry

SECP registers 1,760 new companies in April

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 1,760 new companies in April 2023,...

Published 12 May, 2023 06:50am

Separation of powers fundamental principle of democracy: Marri

ISLAMABAD: Poverty Alleviation and Social Safety Minister Shazia Marri, Thursday said the separation of powers is a...

Published 12 May, 2023 06:48am

Traders reject strike call from PTI

LAHORE: The traders in Lahore on Thursday rejected the call for a strike from Pakistan Tehreek-e-Insaf (PTI) as all...

Published 12 May, 2023 06:44am

Europe

Britain to supply long range cruise missiles to Ukraine

LONDON: Britain on Thursday became the first country to start supplying Ukraine with long-range cruise missiles,...

Published 12 May, 2023 05:59am

Biden admin announces plan to curb emissions from power plants

WASHINGTON: President Joe Biden’s administration on Thursday announced plans to curb planet-warming emissions from...

Published 12 May, 2023 05:59am

Two dead after shooting at German Mercedes plant

BERLIN: A suspect was detained after a shooting at a Mercedes-Benz plant in southwestern Germany left two people ...

Published 12 May, 2023 05:59am

Turkish spoiler drops out in pre-election shock

ISTANBUL: Third-party candidate Muharrem Ince on Thursday withdrew from Turkey’s tight presidential election in a...

Published 12 May, 2023 05:59am

Maryam assails CJP, asks him to ‘step down’

LAHORE: Pakistan Muslim League-Nawaz leader Maryam Nawaz Sharif demanded Chief Justice of Pakistan (CJP) Umar Ata...

Published 12 May, 2023 05:59am

PTI’s rejoinder to ISPR’s statement

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Thursday rejected its involvement in recent incidents of violence amid...

Published 12 May, 2023 05:59am

Jinnah House, Lahore: Quaid’s piano, other items set on fire by miscreants

LAHORE: The piano, writing table, desk and sword of the founder of Pakistan Quaid-e-Azam Muhammad Ali Jinnah were...

Published 12 May, 2023 05:59am

President meets Imran

KARACHI: President Arif Alvi called on Imran Khan at the Police Lines guest house H-11, Islamabad on Thursday night,...

Published 12 May, 2023 05:59am

Suspension of mobile broadband services inflicts Rs820m loss on telecom operators

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

Published 12 May, 2023 05:59am

Pakistan rejects Afghan FM’s dialogue with TTP proposal

ISLAMABAD: Pakistan on Thursday rejected the Afghanistan acting Foreign Minister Amir Khan Muttaqi’s request to...

Published 12 May, 2023 05:59am

Alvi writes to PM to ensure protection of life, rights of IK

ISLAMABAD: President Dr Arif Alvi, Thursday deplored the manner in which Pakistan Tehreek-e-Insaf (PTI) Chairman...

Published 12 May, 2023 05:59am

‘It’s entirely up to PTI to act like a political party or a terrorist outfit’: Bilawal

KARACHI: Pakistan People’s Party Chairman and Foreign Minister Bilawal Bhutto Zardari Thursday said in principle...

Published 12 May, 2023 05:59am

Imran is still a ‘ladla’: Sharjeel

KARACHI: Minister of Information, Transport and Mass Transit Sindh Sharjeel Inam Memon said that this has been ...

Published 12 May, 2023 05:59am

PARTLY FACETIOUS: Sunak’s interesting take

“Rishi Sunak, the accidental UK Prime Minister, stated that UK is carefully monitoring the situation in...

Published 12 May, 2023 05:59am

Sindh Assembly condemns protest violence in country

KARACHI: The Sindh Assembly on Thursday passed a resolution, condemning violence erupted in the country after the...

Published 12 May, 2023 05:59am

No one’s house will be safe if SC rules against IK’s arrest: Marriyum

ISLAMABAD: Federal Information Minister Marriyum Aurangzeb on Thursday warned senior judges of the Supreme Court of...

Published 12 May, 2023 05:59am

Recovery of PTI leaders, workers: Multiple petitions filed in LHC

LAHORE: Multiple petitions have been filed before the Lahore High Court for the recovery of PTI leader Alia Hamza,...

Published 12 May, 2023 05:59am

ODI rankings: Pakistan moves up

LAHORE: Pakistan move up to 2nd position after Australia in the ICC Men’s ODI Team Rankings following the annual...

Published 12 May, 2023 05:59am

Flood-hit areas: PCJCCI chief for revival of tourism

LAHORE: There is a dire need to revive the tourism sector of Pakistan which has faced a serious setback due to...

Published 12 May, 2023 05:59am

Elahi’s pre-arrest bail extended till 25th

LAHORE: A special court for anti-corruption extended the pre-arrest bail of Pervez Elahi till May 25 in a case by ...

Published 12 May, 2023 05:59am

Former Punjab governor sent to jail

LAHORE: An Anti-Terrorism Court (ATC) on Thursday rejected the request for the physical remand of former Punjab...

Published 12 May, 2023 05:59am

2,250 miscreants arrested across Punjab: police

LAHORE: Punjab Police continued its action on third day to arrest miscreants involved in attacks, vandalism, and...

Published 12 May, 2023 05:59am

Economic stress

Since around September 2021, and especially since April last year, economic stress has come to Pakistan from a ...

Updated 12 May, 2023 06:33am

Time to invest in human capital

The contemporary concept of a “nation state” revolves around a nation, community and/or society that is...

Updated 12 May, 2023 06:24am

Alleged leaked telephone call doctored: Hammad

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Central Punjab General Secretary Hammad Azhar has said that the alleged ...

Published 12 May, 2023 05:59am

PSO launches ration- distribution drive

KARACHI: Living up to its core values of caring and giving, Pakistan State Oil (PSO) launched a nationwide ration...

Published 12 May, 2023 05:59am

NSC meeting postponed

ISLAMABAD: The National Security Committee (NSC) meeting, scheduled for today (Friday), has been postponed and will...

Published 12 May, 2023 05:59am

The Weather

KARACHI: The weather report on Thursday (May 11, 2023) and the forecast for Friday (May 12, 2023)...

Published 12 May, 2023 05:59am

APHC AJK team meets Bilawal

ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari on Thursday reassured Pakistan’s continued political, moral, ...

Published 12 May, 2023 05:59am

Alvi urges citizens to remain peaceful

ISLAMABAD: President Dr Arif Alvi has strongly condemned the damage incurred to public property by miscreants and...

Published 12 May, 2023 05:59am

Rates

PSX climbs on fresh buying

KARACHI: Pakistan Stock Exchange Thursday witnessed a positive trend on the back of fresh buying on available...

Published 12 May, 2023 05:59am

Energy

Asia’s gasoline refining profit margin up

NEW DELHI: Asia’s gasoline refining profit margin rose for a second consecutive session on Thursday after US ...

Published 12 May, 2023 05:59am

Energy

US natgas edges up on lower output

NEW YORK: US natural gas futures edged up about 1% on Thursday on a decline in output over the past few days and...

Published 12 May, 2023 05:59am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 85,958 tonnes of cargo comprising 48,312 tonnes of import cargo and 37,646...

Published 12 May, 2023 05:59am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (May 11, 2023)...

Published 12 May, 2023 05:59am

Cotton & Textile

Spot rate inert on cotton market

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

Updated 12 May, 2023 06:40am

Energy

Asia Distillates: Gasoil, jet fuel margins rise

SINGAPORE: Asia’s 10ppm sulphur gasoil and jet fuel margins rose on Thursday, as demand sentiment improved after...

Published 12 May, 2023 05:59am

Stocks

FTSE index ends flat; little reaction to BoE rate decision

LONDON: The UK’s FTSE 100 share index ended virtually flat on Thursday, although mining stocks fell as base metal...

Published 12 May, 2023 05:59am

Energy

Oil prices slip 1pc, US jobless data and debt-ceiling talks weigh

NEW YORK: Oil prices slid about 1% on Thursday as a political standoff over the US debt ceiling stoked recession...

Published 12 May, 2023 05:59am

Stocks

European shares run out of steam by close as Bayer, energy stocks weigh

PARIS: Europe’s benchmark STOXX 600 was unchanged on Thursday as a drag by Germany’s Bayer and energy stocks...

Published 12 May, 2023 05:59am

Stocks

Dow, S&P 500 weighed down by Disney

NEW YORK: The Dow and the S&P 500 fell on Thursday, pressured by a drop in Disney shares after the company...

Published 12 May, 2023 05:59am

Letters

India’s growing belligerence

In a highly important development in the context of dynamics of changing bilateral and multi-lateral relationships ...

Published 12 May, 2023 05:59am

Energy

OPEC holds global oil demand view steady, cites US debt ceiling risks

LONDON: OPEC’s global oil demand forecast for 2023 was held steady for a third month on Thursday, with the ...

Published 12 May, 2023 05:59am

Rates

LME official prices

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

Published 12 May, 2023 05:59am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (May 11, 2023). ======================================= Offset...

Published 12 May, 2023 05:59am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 11, 2023)....

Published 12 May, 2023 05:59am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (May 11, 2023). ======================== Open Bid Rs...

Published 12 May, 2023 05:59am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (May 11, 2023)....

Published 12 May, 2023 05:59am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (May 11, 2023)....

Published 12 May, 2023 05:59am

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 12 May, 2023 05:59am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Thursday (May 11, 2023)....

Published 12 May, 2023 05:59am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 12 May, 2023 05:59am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (May 11, 2023). ==================================== BR...

Published 12 May, 2023 05:59am

Stocks

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

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

Published 12 May, 2023 05:59am

Rates

BOARD MEETINGS

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

Published 12 May, 2023 05:59am

Rates

Dividend/Bonus Announcements

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

Published 12 May, 2023 05:59am

Rates

Proposed right issues

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

Published 12 May, 2023 05:59am

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 12 May, 2023 05:59am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (May 11, 2023). ======================== OFFER PRICE...

Published 12 May, 2023 05:59am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (May 11, 2023). ======================== OFFER PRICE...

Published 12 May, 2023 05:59am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (May 11, 2023). ======================== OFFER PRICE ...

Published 12 May, 2023 05:59am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Thursday (May 11, 2023). ======================== OFFER PRICE 1,075.6626...

Published 12 May, 2023 05:59am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (May 11, 2023). ======================== OFFER PRICE 1,499.9614 ...

Published 12 May, 2023 05:59am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (May 11, 2023). ======================== OFFER PRICE...

Published 12 May, 2023 05:59am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (May 11, 2023). ======================== OFFER PRICE ...

Published 12 May, 2023 05:59am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (May 11, 2023). ======================== OFFER PRICE ...

Published 12 May, 2023 05:59am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (May 11, 2023). ======================== OFFER PRICE ...

Published 12 May, 2023 05:59am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (May 11, 2023). ======================== OFFER PRICE ...

Published 12 May, 2023 05:59am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (May 11, 2023). ========================== KIBOR...

Published 12 May, 2023 05:59am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Thursday (May 11, 2023)....

Published 12 May, 2023 05:59am

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 12 May, 2023 05:59am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (May 11,...

Published 12 May, 2023 05:59am

PoS payments fall 50pc after protest violence

KARACHI: Point-of-sale transactions routed through Pakistan’s main digital payment systems fell by around 50% the...

Published 12 May, 2023 05:59am

Pakistan needs significantly more financing for successful bailout review: IMF

WASHINGTON: Pakistan needs significant additional financing for a successful completion of the long-stalled ninth...

Updated 12 May, 2023 12:29pm

Govt to scrap fuel subsidy plan, IMF told

ISLAMABAD: Pakistan has told the International Monetary Fund (IMF) it will not implement a fuel subsidy programme as...

Updated 12 May, 2023 08:45am

Federal budget on June 9: Govt will fulfil all external obligations: Dar

Says there is a plan for foreign payments of $3.7 billion in May and June

Updated 12 May, 2023 10:29am

Financing needs: Wapda seeks appraisal session with PM, ministers

ISLAMABAD: The Water and Power Development Authority (Wapda) has proposed an appraisal session with Prime Minister...

Updated 12 May, 2023 08:46am

March 2023: Nepra approves Rs3.94 per unit positive adjustment for KE

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved positive adjustment of Rs 3.94 per...

Updated 12 May, 2023 09:02am

SC declares arrest of PTI chief ‘invalid’

ISLAMABAD: Chief Justice Umar Ata Bandial on Thursday said “arrest of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran...

Updated 12 May, 2023 08:47am

UN rights chief urges ‘restraint’ from security forces

GENEVA: The UN rights chief urged Pakistan security forces to show “restraint” and said “protesters should refrain...

Updated 12 May, 2023 08:44am

BOE raises rates

LONDON: The Bank of England raised its key interest rate by a quarter of a percentage point to 4.5% on Thursday and...

Published 12 May, 2023 05:59am

Forex reserves fall $53m

KARACHI: The country’s total liquid foreign exchange reserves slightly fell by $ 53 million during last week....

Published 12 May, 2023 05:59am

Energy

Newly-launched night navigation increases FOTCO’s terminal capacity by 30pc

Port Qasim, FOTCO successfully dock first-ever oil vessel at night

Updated 12 May, 2023 11:26am

Settlement of water dispute with India: Govt to provide Rs153m against court fees

ISLAMABAD: The government has decided to provide Rs153 million for payment of court cases fee for the settlement of...

Updated 12 May, 2023 09:01am

SBP’s FE circular No. 02 of 2023 ‘unfair’: TMA

KARACHI: Towel Manufacturers Association of Pakistan Thursday called the State Banks’s circular to mark lien on the...

Updated 12 May, 2023 09:01am

$105m solar energy project: SED submits revised PC-1 to Planning Commission

ISLAMABAD: The Sindh Energy Department (SED) has submitted a revised PC1 to the Planning Commission that seeks to...

Updated 12 May, 2023 08:43am

Qesco seeks 44pc increase in power tariff

ISLAMABAD: The Quetta Electric Supply Company (Qesco) on Thursday sought an increase of 44 percent to Rs 39.23 per...

Published 12 May, 2023 05:59am

Discos seek Rs1.5 per unit QTA for Q3

ISLAMABAD: Power Distribution Companies (DISCOs) have sought positive adjustment of Rs1.5 per unit to recover...

Published 12 May, 2023 05:59am

PBF unveils budget proposals: Govt urged to take steps aimed at boosting business activities

KARACHI: The Pakistan Business Forum (PBF) suggested the government to take effective economic measures in the ...

Published 12 May, 2023 05:59am

Industry

Speakers underscore need for lending full support to SMEs for economic development, progress

LAHORE: Small and medium-sized enterprises (SMEs) are the game changer of the transition towards economic stability...

Published 12 May, 2023 05:59am

Taxes

Experts urge govt to avoid frequent changes in tax laws

LAHORE: Tax experts have urged the government to strike a balance between the need to update tax laws and the need ...

Published 12 May, 2023 05:59am

Commodities

ICE canola futures dip

WINNIPEG, (Manitoba): ICE canola futures dipped on Wednesday, pressured by weaker crude and soybean oil prices....

Published 12 May, 2023 05:59am

Previous Day

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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