News Archives for Print - 2023-05-24

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Print - 2023-05-24

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Tuesday (May 23, 2023). ======================== Offer Price ...

Published 24 May, 2023 06:09am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (May 23, 2023). ======================== Offer Price 1,785.1736...

Published 24 May, 2023 06:09am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Tuesday (May 23, 2023). ======================== Offer Price 1,316.0767 Bid...

Published 24 May, 2023 06:09am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (May 23, 2023). ======================== Offer...

Published 24 May, 2023 06:09am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (May 23, 2023). ======================== Offer...

Published 24 May, 2023 06:09am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (May 23, 2023). ========================== KIBOR...

Published 24 May, 2023 06:09am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (May 23, 2023)....

Published 24 May, 2023 06:09am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (May 23, 2023). ======================== OFFER PRICE...

Published 24 May, 2023 06:09am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (May 23, 2023). ======================== OFFER PRICE...

Published 24 May, 2023 06:09am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (May 23, 2023). ======================== OFFER PRICE 1,508.4357...

Published 24 May, 2023 06:09am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Tuesday (May 23, 2023). ======================== OFFER PRICE 1,082.1776...

Published 24 May, 2023 06:09am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (May 23, 2023). ======================== OFFER PRICE 1,502.6498 BID...

Published 24 May, 2023 06:09am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (May 23, 2023). ======================== OFFER PRICE...

Published 24 May, 2023 06:09am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (May 23, 2023). ======================== OFFER PRICE 1,713.3162...

Published 24 May, 2023 06:09am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (May 23, 2023). ======================== OFFER PRICE 521.9430...

Published 24 May, 2023 06:09am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (May 23, 2023). ======================== OFFER PRICE 441.3585...

Published 24 May, 2023 06:09am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (May 23, 2023). ======================== OFFER PRICE 2,336.2744...

Published 24 May, 2023 06:09am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Tuesday (May 23, 2023). ======================== Offer Price 607.2781...

Published 24 May, 2023 06:09am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Tuesday (May 23, 2023). ======================== Offer Price ...

Published 24 May, 2023 06:09am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (May 23, 2023). ======================== Offer Price...

Published 24 May, 2023 06:09am

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 24 May, 2023 06:09am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (May 23,...

Published 24 May, 2023 06:09am

Indonesia, Iran sign preferential trade agreement

BOGOR, (Indonesia): The leaders of Indonesia and Iran on Tuesday signed a preferential trade agreement to expand...

Published 24 May, 2023 05:57am

Attacks on military buildings and installations: Treasury, PTI dissidents demand action under Army Act

ISLAMABAD: The lawmakers belonging to both treasury and opposition based on dissidents of Pakistan Tehreek-e-Insaf...

Published 24 May, 2023 05:57am

Uplift projects in Islamabad reviewed: Welfare of overseas Pakistanis top priority: PM

ISLAMABAD: A meeting on ongoing development projects was informed that residential units equipped with modern...

Published 24 May, 2023 05:57am

Jamshed Cheema decides to quit PTI

ISLAMABAD: Another Pakistan Tehreek-e-Insaf (PTI) leader Jamshed Cheema has decided to part ways with the party over...

Published 24 May, 2023 05:57am

Al-Qadir Trust case: Bushra Bibi granted bail by accountability court till 31st

ISLAMABAD: The Accountability Court, on Tuesday, granted bail to Pakistan Tehreek-e-Insaf (PTI) Chairman Imran...

Published 24 May, 2023 05:57am

IHC releases Qureshi as he submits ‘undertaking’

ISLAMABAD: The Islamabad High Court (IHC), Tuesday, ordered the release of Shah Mahmood Qureshi, vice chairman of...

Published 24 May, 2023 05:57am

Review for fixing Punjab polls date: SC says govt, ECP are now taking interest in proceedings

ISLAMABAD: The Supreme Court observed that now the federal government and the Election Commission of Pakistan (ECP)...

Published 24 May, 2023 05:57am

Zillay Shah murder case: Court dismisses bails of PTI leaders

LAHORE: A sessions’ court on Tuesday dismissed the bail of Dr Yasmin Rashid, Farrukh Habib and Mehmoodur Rashid in...

Published 24 May, 2023 05:57am

Punjab govt, FAO carry out water management project

LAHORE: Food and Agriculture Organization of the United Nations in collaboration with the Punjab Government will...

Published 24 May, 2023 05:57am

In some cases, policyholders’ nominees found to be committing fraud

LAHORE: The nominees of policyholders under various insurance policies are found to be depriving the legal heirs of ...

Published 24 May, 2023 05:57am

AC extends bail of former CM Buzdar

LAHORE: An accountability court on Tuesday extended the bail of former chief minister Usman Buzdar in an inquiry of...

Published 24 May, 2023 05:57am

‘Health Card’ facility to continue: minister

LAHORE: The caretaker provincial health minister Prof Dr Javed Akram has announced that a ‘Pediatric Urology...

Published 24 May, 2023 05:57am

Climate-resilient agriculture & water management project reviewed

LAHORE: The Secretary of Agriculture, Punjab, conducted a review of the government of Punjab’s unilateral trust...

Published 24 May, 2023 05:57am

May 9 to be remembered as ‘darkest day’ in the history of Pakistan: CM

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi has underscored the importance of close coordination ...

Published 24 May, 2023 05:57am

Energy

Clarification

ISLAMABAD: This is with reference to a news captioned “Rs67bn loss caused thru misuse of subsidized RLNG for...

Published 24 May, 2023 05:57am

Asif Durrani made spl rep on Afghanistan

ISLAMABAD: Pakistan has appointed Ambassador Asif Ali Khan Durrani (retired) as Special Representative on...

Published 24 May, 2023 05:57am

‘Worst yet to come’ for Europe energy shortages: Qatar minister

DOHA: Qatar’s energy minister warned on Tuesday the “worst is yet to come” for Europe’s oil and gas...

Published 24 May, 2023 05:57am

Europe

Russia says air force, artillery wipe out border attackers

MOSCOW: Russia said on Tuesday it had deployed jets and artillery to destroy an armed group that penetrated the...

Published 24 May, 2023 05:57am

UK govt announces overseas student curbs to slash immigration

LONDON: The UK government on Tuesday announced a package of measures aimed at international students, including a ...

Published 24 May, 2023 05:57am

VC SAU inaugurates IEEE societies

HYDERABAD: Vice Chancellor of Sindh Agriculture University Dr. Fateh Marri said that the implementation of Internet...

Published 24 May, 2023 05:57am

USF policy body approves Rs4.3bn for Q4

ISLAMABAD: The Universal Service Fund (USF) Policy Committee, on Tuesday, approved the release of Rs4.370 billion to...

Published 24 May, 2023 05:57am

Promoting green Pakistan: Shan Shares, Ismail Foundation inaugurate recreational park in Landhi

KARACHI: Shan Shares, the corporate identity of Shan Foods in partnership with Ismail Foundation, inaugurated a...

Published 24 May, 2023 05:57am

NA panel for cementing diplomatic ties with India

ISLAMABAD: The National Assembly Standing Committee on Foreign Affairs, on Tuesday, recommended that both Pakistan...

Published 24 May, 2023 05:57am

Every statement of Zalmay not worthy of our response, says Khar

ISLAMABAD: Minister of State for Foreign Affairs Hina Rabbani Khar, on Tuesday, downplayed the repeated statements ...

Published 24 May, 2023 05:57am

Dastgir to attend Baku Energy Week from 31st

ISLAMABAD: Minister for Power, Khurram Dastgir Khan is likely to attend Baku Energy Week to be held from May 31 to...

Published 24 May, 2023 05:57am

CDWP clears 15 uplift projects worth Rs249.21bn

ISLAMABAD: The Central Development Working Party (CDWP) cleared as many as 15 development projects at the cost of Rs...

Published 24 May, 2023 05:57am

Babar Azam signs contract with Lanka Premier League

LAHORE: Pakistan cricket team skipper Babar Azam has signed a contract with the Lanka Premier League (LPL), which is...

Published 24 May, 2023 05:57am

ATC extends IK’s interim bail in 8 cases

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

Published 24 May, 2023 05:57am

Control of various diseases: $1.10bn funds received from Global Fund

ISLAMABAD: The Senate Standing Committee on National Health Services and Regulations, Tuesday, was informed that the...

Published 24 May, 2023 05:57am

The Weather

KARACHI: The weather report on Tuesday (May 23, 2023) and the forecast for Wednesday (May 24, 2023)...

Published 24 May, 2023 05:57am

Rates

PSX drawdown continues

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

Published 24 May, 2023 05:57am

Mazari, Chohan too quit PTI

ISLAMABAD: Two top Pakistan Tehreek-e-Insaf (PTI) leaders Dr Shireen Mazari and Fayyaz-ul-Hassan Chohan, Tuesday...

Published 24 May, 2023 05:57am

Bilawal thanks China, others for staying away from G20 meeting

BAGH (AJK): Foreign Minister Bilawal Bhutto Zardari on Tuesday thanked the countries who stayed away from...

Published 24 May, 2023 05:57am

Six killed in attack on Hungarian energy firm in Hangu

PESHAWAR: Six security personnel were killed in an overnight siege by dozens of militants on a Hungarian-owned oil...

Published 24 May, 2023 05:57am

High profile militant leader pleads mercy, asks followers to surrender

QUETTA: Gulzar Imam Shambay, the founder and head of banned Baloch National Army (BNA), Tuesday pleaded for mercy ...

Published 24 May, 2023 05:57am

Energy

Refineries forced to export products as power plants not lifting FO

ISLAMABAD: Power plants are reportedly not lifting furnace oil as per firm demand due to which refineries are...

Published 24 May, 2023 05:57am

PARTLY FACETIOUS: ‘Crazy glue or super glue’

“The Khan can dump The Man with the Plane, he can dump The Man on whom he bestowed a senatorship against quite a...

Published 24 May, 2023 05:57am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 139,755 tonnes of cargo comprising 99,230 tonnes of import cargo and 40,525...

Published 24 May, 2023 05:57am

Energy

Asia naphtha up; gasoline cracks down

SINGAPORE: Asia naphtha cracks and prices were slightly firmer despite mixed buying interest across the board, amid...

Published 24 May, 2023 05:57am

Energy

US natgas down on record output, rise in Canada exports

NEW YORK: US natural gas futures fell about 3% to a one-week low on Tuesday with US output on track to hit a monthly...

Published 24 May, 2023 05:57am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday (May 23, 2023)...

Published 24 May, 2023 05:57am

Cotton & Textile

Lack of buying seen on cotton market

LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained satisfactory. Cotton...

Published 24 May, 2023 05:57am

Energy

Oil prices rise after Saudi warns short-sellers

BENGALURU: Oil prices rose on Tuesday on a tighter gasoline market outlook and a warning from the Saudi energy...

Published 24 May, 2023 05:57am

Stocks

Nikkei drops from 33-year peak, snaps 8-day winning streak

TOKYO: Japan’s Nikkei share average dropped sharply from a 33-year high on Tuesday as some investors swooped in to...

Published 24 May, 2023 05:57am

Stocks

European shares hit by slide in luxury majors

PARIS: European shares fell on Tuesday, knocked down by losses in luxury majors and a weak update from Swiss wealth...

Published 24 May, 2023 05:57am

Stocks

Adani stocks lift Indian shares amid caution on US debt ceiling talks

BENGALURU: Indian shares advanced on Tuesday, aided by a broad-based rally across sectors and powered by Adani group...

Published 24 May, 2023 05:57am

Stocks

Wall Street subdued as deadlocked debt ceiling talks stoke default concerns

NEW YORK: Wall Street indexes were subdued on Tuesday as talks over increasing the US debt limit stretched to ...

Published 24 May, 2023 05:57am

‘Learning From Others’—II

In Pakistan we do not appreciate the fact that we have lived beyond our means’ for far too long at our own peril....

Updated 24 May, 2023 06:49am

Seeds of accord

On March 15th, 44 BCE, Roman emperor Julius Caesar was assassinated, and thence came the term Ides Of March, which...

Updated 24 May, 2023 06:57am

Letters

‘Endgame PTI’

That Business Recorder op-ed writer Rashed Rahman is one of the great political commentators of our time is a fact....

Published 24 May, 2023 05:57am

Mapping the economics of imported coal-fired power plants

Nepra (National Electric Power Regulatory Authority) has rejected the power generation tariff petition of Jamshoro...

Updated 24 May, 2023 07:02am

Commodities

Wheat yield increased due to farmers-friendly policies: Governor

LAHORE: Governor Punjab Muhammad Balighur Rehman said on Tuesday that average yield of wheat per acre has increased...

Published 24 May, 2023 05:57am

Commodities

Quality seeds of rice, wheat and cotton: Body set up to carry out research

LAHORE: The Governor Punjab Baligh ur Rehman has constituted a committee to carry out the latest research for the...

Published 24 May, 2023 05:57am

Rates

LME official prices

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

Published 24 May, 2023 05:57am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (May 23, 2023)...

Published 24 May, 2023 05:57am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 23, 2023)....

Published 24 May, 2023 05:57am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (May 23, 2023). ======================== Open Bid Rs...

Published 24 May, 2023 05:57am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (May 23, 2023)....

Published 24 May, 2023 05:57am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Tuesday (May 23, 2023)....

Published 24 May, 2023 05:57am

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 24 May, 2023 05:57am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (May 23, 2023)....

Published 24 May, 2023 05:57am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 24 May, 2023 05:57am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (May 23, 2023). ==================================== BR...

Published 24 May, 2023 05:57am

Stocks

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

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

Published 24 May, 2023 05:57am

Rates

BOARD MEETINGS

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

Published 24 May, 2023 05:57am

Rates

Dividend/Bonus Announcements

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

Published 24 May, 2023 05:57am

Rates

Proposed right issues

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

Published 24 May, 2023 05:57am

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 24 May, 2023 05:57am

Budget on June 9: Expand tax base urgently, PM asks economic team

Chairs meeting regarding the preparation of the budget for the financial year 2023-24

Updated 24 May, 2023 12:31pm

World Bank says Pakistan in want of 10mn houses

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 21	277.82
USD PKR Interbank Buying / Oct 21	277.60
USD to Japanese Yen / Oct 22	150.86
USD to Swiss Franc / Oct 22	0.87
Pound Sterling to USD / Oct 22	1.30
Euro to USD / Oct 22	1.08

Stock	Volume
S&P 500 / Oct 21	5,853.98
Nasdaq / Oct 21	18,540.01
FTSE 100 / Oct 21	8,318.24
Dow Jones / Oct 21	42,931.60
Germany DAX 30 / Oct 21	19,461.19
France CAC40 / Oct 21	7,536.23
India Sensex / Oct 22	80,819.52
Tokyo Nikkei / Oct 22	38,436.98

Item	Value
Gold 10 Grams PKR / Oct 21	242,027
Petrol/Litre / Oct 22	247.03
Crude Oil USD/Barrel / Oct 22	70.33
Karachi Cotton PKR/37.32 KG / Oct 22	18,085
Gold Spot USD/Ounce / Oct 22	2,734.40
Diesel/Litre / Oct 22	251.29

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 22 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 22 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 22 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 22 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 22 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 22 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 22 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 22 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 22 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 22 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 22 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 22 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 22 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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