News Archives for Print - 2023-05-25

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Print - 2023-05-25

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Wednesday (May 24, 2023). ======================== OFFER PRICE...

Published 25 May, 2023 06:56am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (May 24, 2023). ======================== OFFER PRICE...

Published 25 May, 2023 06:56am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Wednesday (May 24, 2023). ======================== OFFER PRICE...

Published 25 May, 2023 06:56am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Wednesday (May 24, 2023). ======================== OFFER PRICE ...

Published 25 May, 2023 06:56am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Wednesday (May 24, 2023). ======================== OFFER PRICE 1,504.0563...

Published 25 May, 2023 06:56am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (May 24, 2023). ======================== OFFER PRICE...

Published 25 May, 2023 06:56am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (May 24, 2023). ======================== OFFER PRICE...

Published 25 May, 2023 06:56am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Wednesday (May 24, 2023). ======================== OFFER PRICE...

Published 25 May, 2023 06:56am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Wednesday (May 24, 2023). ======================== OFFER PRICE...

Published 25 May, 2023 06:56am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Wednesday (May 24, 2023). ======================== OFFER PRICE...

Published 25 May, 2023 06:56am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Wednesday (May 24, 2023). ======================== Offer Price...

Published 25 May, 2023 06:56am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Wednesday (May 24, 2023). ======================== Offer Price...

Published 25 May, 2023 06:56am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Wednesday (May 24, 2023). ======================== Offer ...

Published 25 May, 2023 06:56am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Wednesday (May 24, 2023). ======================== Offer Price...

Published 25 May, 2023 06:56am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Wednesday (May 24, 2023). ======================== Offer Price ...

Published 25 May, 2023 06:56am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Wednesday (May 24, 2023). ======================== Offer Price 1,316.4865 Bid...

Published 25 May, 2023 06:56am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (May 24, 2023). ========================...

Published 25 May, 2023 06:56am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (May 24, 2023). ========================...

Published 25 May, 2023 06:56am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (May 24, 2023). ========================== KIBOR...

Published 25 May, 2023 06:56am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (May 24, 2023)....

Published 25 May, 2023 06:56am

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 25 May, 2023 06:56am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (May 24,...

Published 25 May, 2023 06:56am

Opposition to boycott new parliament inauguration by Modi

NEW DELHI: Indian opposition political parties said on Wednesday they would boycott the inauguration ceremony for ...

Published 25 May, 2023 06:27am

ACC Emerging Women’s T20 Asia Cup: Fatima Sana to lead Pakistan

LAHORE: Fatima Sana will lead Pakistan in the upcoming ACC Emerging Women’s T20 Asia Cup that will be played in...

Published 25 May, 2023 06:27am

Russia, China seal economic pacts despite Western disapproval

BEIJING: Russia’s prime minister signed a set of agreements with China on Wednesday during a trip to Beijing,...

Published 25 May, 2023 06:27am

Stranded mountaineer at Mount Everest evacuated safely

ISLAMABAD: Foreign Office on Wednesday confirmed that Pakistani mountaineer Asad Ali Memon stranded at Mount Everest...

Published 25 May, 2023 06:27am

Seminar on human trafficking, bonded labour held

KARACHI: The spokesperson of the Sindh government and the Advisor to CM Sindh on Law Barrister Murtaza Wahab has ...

Published 25 May, 2023 06:27am

CNIC use as domicile certificate: NA body seeks suggestions from ministries

ISLAMABAD: The National Assembly Standing Committee on Interior, on Wednesday, sought recommendations from ...

Published 25 May, 2023 06:27am

‘Bogus cases, life threats’ Murad writes to CJP to take notice

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Murad Saeed on Wednesday wrote a letter to Chief Justice Umar Ata...

Published 25 May, 2023 06:27am

Ministry asked to place names of PTI leaders on ECL

ISLAMABAD: Islamabad police have requested the Ministry of Interior to place the names of Pakistan Tehreek-e-Insaf...

Published 25 May, 2023 06:27am

Policy draft open for suggestions: Minister advocates AI use, promotion in country

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque said that use of Artificial Intelligence...

Published 25 May, 2023 06:27am

ECP told to submit reply: LHC stays by-polls in NA-108 and NA-118

LAHORE: The Lahore High Court Wednesday suspended the schedule of the by-polls in two constituencies NA-108...

Published 25 May, 2023 06:27am

Order on plea of Al-Jomaih Power: AAGP suggests seeking clarification from SHC

ISLAMABAD: Additional Attorney General for Pakistan Rashdeen Nawaz Kasuri has proposed that a clarification be ...

Published 25 May, 2023 06:27am

‘Modern methods of policing necessary to control crime’

KARACHI: Modern methods of policing necessary to control crime, said Pasban Democratic Party (PDP) Chairman Altaf...

Published 25 May, 2023 06:27am

The Weather

KARACHI: The weather report on Wednesday (May 24, 2023) and the forecast for Thursday (May 25, 2023)...

Published 25 May, 2023 06:27am

Govt says mulling banning PTI

ISLAMABAD: Defense Minister Khawaja Asif on Wednesday said ban on Pakistan Tehreek-e-Insaf (PTI) is under...

Published 25 May, 2023 06:27am

Umar quits as PTI secretary

ISLAMABAD: In a big blow to the powers that be who are believed to be orchestrating the dismantling of the Pakistan...

Published 25 May, 2023 06:27am

Fawad, too, quits PTI

ISLAMABAD: The rumours suggesting an imminent departure of Fawad Chaudhry from Pakistan Tehreek-e-Insaf (PTI) in the...

Published 25 May, 2023 06:27am

Nation considers May 9 mayhem ‘a stain on national deference’: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday said that planners and instigators of May 9 would be taken to...

Published 25 May, 2023 06:27am

Same-day elections: Why ECP didn’t advise President, asks CJP

ISLAMABAD: Chief Justice Umar Ata Bandial asked from the Election Commission of Pakistan (ECP) why it didn’t ...

Published 25 May, 2023 06:27am

Alleged audio clips, transcripts given to probe commission

ISLAMABAD: The federal government has provided the alleged audio leaks and their transcripts to the inquiry...

Published 25 May, 2023 06:27am

May 9 mayhem: Action to be taken under existing laws: PM

ISLAMABAD: The federal cabinet, on Wednesday, was informed that cases have been registered against those involved in...

Published 25 May, 2023 06:27am

Court extends interim bail of 2 PTI leaders

ISLAMABAD: A local court on Wednesday extended interim bail of Pakistan Tehreek-e-Insaf (PTI) leaders Ali Nawaz and...

Published 25 May, 2023 06:27am

IHC orders release of Asad

ISLAMABAD: The Islamabad High Court (IHC), Wednesday, ordered the release of Asad Umar, secretary general of ...

Published 25 May, 2023 06:27am

Son-in-law of PM given a clean chit by NAB

LAHORE: Prime Minister Shehbaz Sharif’s son in-law Haroon Yousaf on Wednesday withdrew his pre-arrest bail...

Published 25 May, 2023 06:27am

Vawda terms Gen Faiz ‘architect of Al-Qadir Trust scam’

ISLAMABAD: Former Minister Faisal Vawda on Wednesday claimed that former Director General Inter-Services ...

Published 25 May, 2023 06:27am

Committee formed to develop quality seeds

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

Published 25 May, 2023 06:27am

PARTLY FACETIOUS: Murshed always trumps the guided

“The Khan’s twitter account is increasingly in Urdu instead of English.” “Hmmm, that’s because reportedly...

Published 25 May, 2023 06:27am

May 9 mayhem: Khadija Shah sent on judicial remand

LAHORE: An Anti-Terrorism Court on Wednesday sent Khadija Shah, a granddaughter of former army chief Asif Nawaz...

Published 25 May, 2023 06:27am

Riyal politic

Once again Saudi Arabia is using its position as the financial superpower of the Middle East – it sits on top of ...

Updated 25 May, 2023 07:12am

Debt trap — I

Pakistan’s emergent default forecast derives its strength from the fact that it’s once negligible public debt of...

Updated 25 May, 2023 07:16am

Letters

Bilawal deserves a lot of praise

Foreign minister Bilawal Bhutto Zardari deserves commendation for pointing out that India is “abusing” its...

Published 25 May, 2023 06:27am

Iranian POL products, other foreign goods worth Rs792m seized by customs

KARACHI: Collectorate of Customs Enforcement in Karachi has successfully seized Iranian smuggled petroleum products...

Published 25 May, 2023 06:27am

6 terrorists killed in S Waziristan IBO

ISLAMABAD: The security forces killed six terrorists during an intelligence-based operation (IBO) in South...

Published 25 May, 2023 06:27am

‘Learning From Others’—III

India is under a regular five-year plan, which is based on well researched and informed decisions. Priorities there...

Updated 25 May, 2023 07:23am

Tarakai joins PPP

ISLAMABAD: Former member of the National Assembly, Usman Khan Tarakai called on Chairman Pakistan People's Party and...

Published 25 May, 2023 06:27am

Stocks

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

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

Published 25 May, 2023 06:27am

Stocks

Last date of renunciation/payment

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

Published 25 May, 2023 06:27am

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 25 May, 2023 06:27am

Rates

PSX witnesses uptick

KARACHI: Pakistan Stock Exchange Wednesday witnessed a rangebound session as investors remained cautious due to...

Published 25 May, 2023 06:27am

Energy

‘Faulty’ contract of 765kV Dasu transmission line: Senate panel grills senior officials of NTDC

ISLAMABAD: The Senate Standing Committee on Power Wednesday severely grilled senior officials of National...

Published 25 May, 2023 06:27am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 68,967 tonnes of cargo comprising 47,057 tonnes of import cargo and 21,910...

Published 25 May, 2023 06:27am

Cotton & Textile

Slow business on cotton market

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

Published 25 May, 2023 06:27am

Energy

Oil prices gain 1pc on falling US stockpiles

NEW YORK: Oil prices rose over 1% on Wednesday, after a large unexpected drawdown in US crude inventories and a...

Published 25 May, 2023 06:27am

Stocks

European shares log worst day in two months

LONDON: A fresh wave of selling saw European stocks notch their steepest one-day fall in two months on Wednesday as...

Published 25 May, 2023 06:27am

Stocks

Wall St slides as debt ceiling talks drag on

NEW YORK: Wall Street’s main indexes fell on Wednesday as talks between the White House and Republican...

Published 25 May, 2023 06:27am

Energy

OGDCL and PRL sign MoU on strategic cooperation

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), on Wednesday, established a strategic partnership...

Published 25 May, 2023 06:27am

Rates

LME official prices

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

Published 25 May, 2023 06:27am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (May 24, 2023)...

Published 25 May, 2023 06:27am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (May 24, 2023). ======================================= Offset...

Published 25 May, 2023 06:27am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 24, 2023)....

Published 25 May, 2023 06:27am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (May 24, 2023). ======================== Open Bid Rs...

Published 25 May, 2023 06:27am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (May 24, 2023)....

Published 25 May, 2023 06:27am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Wednesday (May 24, 2023)....

Published 25 May, 2023 06:27am

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 25 May, 2023 06:27am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Wednesday (May 24, 2023)....

Published 25 May, 2023 06:27am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 25 May, 2023 06:27am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (May 24, 2023). ==================================== BR...

Published 25 May, 2023 06:27am

Rates

BOARD MEETINGS

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

Published 25 May, 2023 06:27am

Rates

Board meetings in progress

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

Published 25 May, 2023 06:27am

Rates

Dividend/Bonus Announcements

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

Published 25 May, 2023 06:27am

Rates

Proposed right issues

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

Published 25 May, 2023 06:27am

Default fears deepen but Dar exudes optimism

Assures business community that focus of upcoming budget (2023-24) would be broadening tax base and document new taxpayers

Updated 25 May, 2023 08:55am

NAC approves ‘0.29pc’ provisional growth rate

ISLAMABAD: The National Accounts Committee (NAC) has approved 0.29 percent estimated provisional Gross Domestic...

Updated 25 May, 2023 02:35pm

Dar explains country’s debt burden

ISLAMABAD: The National Assembly was informed on Wednesday that total debt – both domestic and external debt – from...

Updated 25 May, 2023 02:33pm

ECC informed: Spending on MPs’ schemes under SAP hits Rs111bn mark

ISLAMABAD: With the approval of an additional Rs20 billion by the Economic Coordination Committee (ECC) amid tight...

Updated 25 May, 2023 08:48am

Nepra may allow Discos to recover Rs46.289bn more from consumers

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is likely to allow Power Distribution Companies...

Updated 25 May, 2023 08:52am

Wholesale, retail sectors: Govt considering ending multiple withholding taxes

ISLAMABAD: The government is considering a recommendation of the Reforms & Revenue Mobilization Commission...

Updated 25 May, 2023 08:50am

Non-corporate businesses: RRMC suggests hike in tax rates

ISLAMABAD: The Reforms & Revenue Mobilization Commission (RRMC) has strongly recommended an increase in tax ...

Updated 25 May, 2023 08:53am

IK says ready for talks with ‘powerful quarters’

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has said that he was ready to form a committee for talks...

Updated 25 May, 2023 08:47am

0.1m tons of Russian oil to arrive in first week of June

ISLAMABAD: The vessels carrying 100,000 tons of discounted Russian oil will arrive at Pakistan ports in the first...

Updated 25 May, 2023 08:52am

Passco to auction off 44,784MTs of damaged wheat

ISLAMABAD: Pakistan Agriculture Storage and Services Corporation Limited (Passco), an arm of Ministry of National...

Updated 25 May, 2023 08:50am

Govt likely to shift exporters from FTR to MTR scheme

ISLAMABAD: The government is likely to shift the exporters from the Final Tax Regime (FTR) to the Minimum Tax Regime...

Updated 25 May, 2023 08:49am

PSX launches new trading and surveillance system

KARACHI: As per the official announcement dated May 11, 2023, issued by Pakistan Stock Exchange (PSX), subsequent to...

Published 25 May, 2023 06:26am

Q1CY23: SBP imposes fines on five banks

KARACHI: The State Bank of Pakistan (SBP) has imposed Rs 224 million fines on five banks during the first quarter...

Published 25 May, 2023 06:26am

Money & Banking

‘UBL Freelancer Account’ launched

KARACHI: UBL, one of Pakistan’s leading banks, has announced the launch of ‘UBL Freelancer Account’, a new...

Published 25 May, 2023 06:26am

SECP warns against investing in illegal investment schemes

Industry

Taxes

Inland Revenue department: Customs authorities accused of interfering in the domain

LAHORE: Customs authorities are accused of interfering the domain of Inland Revenue department by issuing notices ...

Published 25 May, 2023 06:26am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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