News Archives for Print - 2023-06-06

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Print - 2023-06-06

Industry

FPCCI advocates ‘industrial amnesty scheme’

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has suggested that the government...

Published 06 Jun, 2023 05:33am

Ex-PTI MNA from Gujranwala quits

ISLAMABAD: The seemingly dismantling of Pakistan Tehreek-e-Insaf (PTI) by the powers that be and facilitated by the...

Published 06 Jun, 2023 05:33am

Experts for efforts to check spread of infectious diseases

ISLAMABAD: Health professionals at a seminar have called for collaborative efforts to check the spread of infectious...

Published 06 Jun, 2023 05:33am

COMSATS University directed to give a chance to student

ISLAMABAD: President Dr Arif Alvi has directed COMSATS University to provide its student with a chance to complete...

Published 06 Jun, 2023 05:33am

Cigarette production drastically decreases in May

ISLAMABAD: Health experts and non-governmental organisations (NGOs), Monday, admitted that cigarette production in...

Published 06 Jun, 2023 05:33am

Bilawal hopeful of stronger Pakistan-Iraq cooperation

BAGHDAD: Foreign Minister Bilawal Bhutto Zardari on Monday expressed the hope that bilateral cooperation between...

Published 06 Jun, 2023 05:33am

Asad Qaiser says he is with PTI

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Asad Qaiser on Monday said he was with the PTI and was currently in...

Published 06 Jun, 2023 05:33am

‘City Police making efforts to controle crime’

ISLAMABAD: Senior Superintendent of Police (SSP) Operations Malik Jameel Zafar, on Monday, said that the city police...

Published 06 Jun, 2023 05:33am

Karachi’s mayorship: PPP nominates Murtaza Wahab

KARACHI: The Pakistan Peoples’ Party (PPP) on Monday announced it had nominated Karachi Administrator Murtaza ...

Published 06 Jun, 2023 05:33am

PIA: Senate panel describes Air India business model as solution

ISLAMABAD: The Senate panel, on Monday, called for revamping the business of Pakistan International Airlines (PIA) ...

Published 06 Jun, 2023 05:33am

EFP condoles death of President Zaki Ahmed Khan

KARACHI: EFP bid farewell to their President Zaki Ahmed Khan who passed away on June 03, 2023 (Saturday). He was the...

Published 06 Jun, 2023 05:33am

CM against use of plastic items

LAHORE: A ban has been imposed on the use of plastic items in the Chief Minister’s Office and the caretaker Chief...

Published 06 Jun, 2023 05:33am

Mercury level expected to soar

LAHORE: The Pakistan Meteorological Department (PMD) has warned of sizzling hot weather during the next two weeks of...

Published 06 Jun, 2023 05:33am

PM, Fazl take stock of situation

LAHORE: President of his own faction of the Jamiat Ulema-e-Islam, Fazlur Rehman, who is head of the Pakistan...

Published 06 Jun, 2023 05:33am

PTI’s meltdown

The Pakistan Tehreek-e-Insaf (PTI) of Imran Khan is imploding. The initial trickle of ‘seasonal sparrows’ (fasli...

Updated 06 Jun, 2023 05:57am

Budget strategy for FY2023-24

The budget for 2023-24 will be presented by the federal government in the Parliament in the next few days. There has...

Published 06 Jun, 2023 05:33am

D-Day: the 6th of June 1944

A terse low-key announcement from General Eisen-hower’s Head Quarters told the world that the long-awaited ...

Published 06 Jun, 2023 05:33am

ATC issues notices on Dr Yasmin’s post- arrest bail plea

LAHORE: An anti-terrorism court on Monday issued notices for June 11 on post-arrest bail petition of PTI-Punjab...

Published 06 Jun, 2023 05:33am

Significant quantity of smuggled cigarettes, Sheesha seized

KARACHI: The Collectorate of Customs Enforcement, Karachi on Monday seized a significant quantity of smuggled...

Published 06 Jun, 2023 05:33am

DMD’s ‘devious’ appointment: Senate panel asks PD to take action against NTDC board

ISLAMABAD: The Senate Standing Committee on Power has recommended Power Division to take action against Board of...

Published 06 Jun, 2023 05:33am

RUDA celebrates World Environment Day

LAHORE: The Ravi Urban Development Authority (RUDA) on Monday commemorated World Environment Day. In this...

Published 06 Jun, 2023 05:33am

Contempt proceedings: PTI questions authority of ECP

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI), Monday, questioned the authority of the electoral body to initiate...

Published 06 Jun, 2023 05:33am

Sindh Cabinet meeting: Procurement of 60 ambulances, breastfeeding law and Hindu Marriage Act approved

KARACHI: The provincial cabinet Monday met under the chairmanship of the Sindh Chief Minister and approved the...

Published 06 Jun, 2023 05:33am

NIM organises seminar to mark World Environment Day

ISLAMABAD: National Institute of Maritime Affairs (NIMA), Monday, organised a seminar to mark the World Environment...

Published 06 Jun, 2023 05:33am

Navy observes World Environment Day

KARACHI: Pakistan Navy celebrated World Environment Day to underscore the significance and to emphasize on taking...

Published 06 Jun, 2023 05:33am

NA Speaker for establishment of Women Federal Ministry

ISLAMABAD: Speaker of the National Assembly Raja Pervez Ashraf said that struggle of Pakistani parliamentarians for...

Published 06 Jun, 2023 05:33am

Government entities: NA body reviews cases of sacked/affected employees

ISLAMABAD: The Special Committee on Affected Employees, Monday, reviewed the cases of the sacked/affected employees...

Published 06 Jun, 2023 05:33am

NA body meeting cancelled due to members’ absence

ISLAMABAD: The lack of interest by members of the National Assembly Standing Committee on Foreign Affairs in foreign...

Published 06 Jun, 2023 05:33am

MCL identifies makeshift cattle markets & sales points

LAHORE: For the sale of sacrificial animals on the occasion of Eid-ul-Azha, the Metropolitan Corporation Lahore ...

Published 06 Jun, 2023 05:33am

Low rainfall with high temperature likely till August

KARACHI: The country is likely to see a low rainfall with high temperature during June, July and August, according ...

Published 06 Jun, 2023 05:33am

World Environment Day: IRC hosts interactive event

ISLAMABAD: The International Rescue Committee (IRC) in Pakistan, Monday, hosted an interactive event to commemorate...

Published 06 Jun, 2023 05:33am

Increasing use of plastic causes environmental pollution: Experts

HYDERABAD: Environment, water, and IT experts have expressed that the increasing use of plastic in the country is ...

Published 06 Jun, 2023 05:33am

Cases against Qureshi: IGP directed to furnish the details by today

LAHORE: The Lahore High Court on Monday directed the Inspector General of Police to furnish the details of al the...

Published 06 Jun, 2023 05:33am

Syndicate members: Governor approves appointments, nominations in varsities

LAHORE: Punjab Governor Muhammad Balighur Rehman in his capacity as Chancellor of universities has accorded approval...

Published 06 Jun, 2023 05:33am

GAIN, SDPI sign agreement

ISLAMABAD: Global Alliance for Improved Nutrition (GAIN) and the Sustainable Development Policy Institute (SDPI),...

Published 06 Jun, 2023 05:33am

Rates

Stocks witness bullish trend

KARACHI: Pakistan Stock Exchange on Monday witnessed a bullish trend on aggressive buying mainly in OMCs and E&P...

Published 06 Jun, 2023 05:33am

PARTLY FACETIOUS: School of lies

“There are three kinds of lies, lies, damned lies and statistics.” “I have heard that one, many times before,...

Published 06 Jun, 2023 05:33am

Rates

Activities of Karachi Port

KARACHI: The Karachi Port Trust handled 224,191 tons of cargo comprising 128,533 tons of import cargo and 95,658 ...

Published 06 Jun, 2023 05:33am

Stocks

US stocks mixed as traders eye potential pause in rate hikes

NEW YORK: US stocks were mixed on Monday, as Apple Inc hit a record high and investors weighed whether the Federal...

Published 06 Jun, 2023 05:33am

Stocks

Japan’s Nikkei closes at 33-year high; firm Wall Street lifts appetite

TOKYO: Japan’s Nikkei share average closed at its highest in 33 years on Monday as gains on Wall Street lifted ...

Published 06 Jun, 2023 05:33am

Stocks

Hong Kong stocks build on gains at start of week

HONG KONG: Hong Kong stocks finished sharply higher again Monday, tracking a global advance, on hopes the US Federal...

Published 06 Jun, 2023 05:33am

Stocks

Indian shares end higher on hopes of Fed rate hike pause

BENGALURU: Indian shares settled higher on Monday, propped by sustained gains in auto stocks and on stronger bets...

Published 06 Jun, 2023 05:33am

Energy

Oil rises 1pc on Saudi plan to deepen output cuts from July

NEW YORK: Oil prices rose by more than one percent a barrel on Monday after top crude exporter Saudi Arabia pledged...

Published 06 Jun, 2023 05:33am

Letters

Only legislature and executive constitute state?

Feeling hurt as the present government is by some of the recent takes of the Supreme Court, it seems to have decided...

Published 06 Jun, 2023 05:33am

Energy

Minister lays foundation stone of grid station at FIEDMC

LAHORE: Federal Minister for Energy (Power Division) Engr. Khurram Dastgir Khan has laid the foundation stone of the...

Published 06 Jun, 2023 05:33am

Energy

Fuel supply resumes in twin cities

ISLAMABAD: All Pakistan PSO, cartage North Zone, Sihala, on Monday, resumed the fuel supply in the twin cities of...

Published 06 Jun, 2023 05:33am

Rates

LME official prices

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

Published 06 Jun, 2023 05:33am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (June 05, 2023)...

Published 06 Jun, 2023 05:33am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (June 05, 2023). ======================================= Offset ...

Published 06 Jun, 2023 05:33am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (June 05, 2023)....

Published 06 Jun, 2023 05:33am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (June 05, 2023). ======================== Open Bid Rs...

Published 06 Jun, 2023 05:33am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (June 05, 2023)....

Published 06 Jun, 2023 05:33am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (June 05, 2023)....

Published 06 Jun, 2023 05:33am

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 06 Jun, 2023 05:33am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (June 05, 2023)....

Published 06 Jun, 2023 05:33am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 06 Jun, 2023 05:33am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (June 05, 2023). ==================================== BR...

Published 06 Jun, 2023 05:33am

Rates

BOARD MEETINGS

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

Published 06 Jun, 2023 05:33am

Stocks

Last date of renunciation/payment

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

Published 06 Jun, 2023 05:33am

Rates

Proposed right issues

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

Published 06 Jun, 2023 05:33am

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 06 Jun, 2023 05:33am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Monday (June 05, 2023). ======================== OFFER PRICE...

Published 06 Jun, 2023 05:33am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Monday (June 05, 2023). ======================== OFFER PRICE...

Published 06 Jun, 2023 05:33am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Monday (June 05, 2023). ======================== OFFER PRICE 1,517.7810...

Published 06 Jun, 2023 05:33am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Monday (June 05, 2023). ======================== OFFER PRICE 1,089.2068...

Published 06 Jun, 2023 05:33am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Monday (June 05, 2023). ======================== OFFER PRICE 1,514.6112 BID...

Published 06 Jun, 2023 05:33am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Monday (June 05, 2023). ======================== OFFER PRICE...

Published 06 Jun, 2023 05:33am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Monday (June 05, 2023). ======================== OFFER PRICE 1,724.8709...

Published 06 Jun, 2023 05:33am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Monday (June 05, 2023). ======================== OFFER PRICE 529.0442...

Published 06 Jun, 2023 05:33am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Monday (June 05, 2023). ======================== OFFER PRICE 444.3939...

Published 06 Jun, 2023 05:33am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Monday (June 05, 2023). ======================== OFFER PRICE 2,352.4962...

Published 06 Jun, 2023 05:33am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (June 05, 2023). ========================== KIBOR...

Published 06 Jun, 2023 05:33am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (June 05, 2023)....

Published 06 Jun, 2023 05:33am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (June 05,...

Published 06 Jun, 2023 05:33am

Govt shares some details of federal budget with IMF

IMF says its staff look forward to furthering discussions to identify spending and revenue measures that can strengthen debt sustainability prospects

Updated 06 Jun, 2023 11:23am

Govt debt stocks rise to Rs58.6trn

KARACHI: The federal government’s borrowing from domestic and external resources rose by 22.5 percent during the...

Updated 06 Jun, 2023 08:47am

ECC approves over Rs33bn grants 3 days ahead of budget

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved over Rs33 billion...

Updated 06 Jun, 2023 08:47am

PM sees IMF deal materialising this month

ISLAMABAD: Prime Minister Shehbaz Sharif has said that his government has been able to navigate the challenges faced...

Updated 06 Jun, 2023 08:49am

PM takes coalition partners on board over PSDP

ISLAMABAD: Prime Minister Shehbaz Sharif chaired a high-level meeting on Monday to consult coalition parties for the...

Updated 06 Jun, 2023 08:48am

PM for public-friendly budget: PMO

ISLAMABAD: Prime Minister Shehbaz Sharif has directed maximum public relief by utilising existing resources in the...

Updated 06 Jun, 2023 08:48am

600MWp solar project: AEDB holds Nepra responsible for lack of interest among investors

ISLAMABAD: The Alternative Energy Development Board (AEDB) has reportedly held National Electric Power Regulatory...

Updated 06 Jun, 2023 08:44am

Inter-company dividends: Govt may provide relief from multiple taxation

ISLAMABAD: The government is likely to provide relief from multiple taxes on inter-company dividends in the coming...

Updated 06 Jun, 2023 08:45am

CJP says judges won’t interfere in economic policy

ISLAMABAD: Chief Justice of Pakistan (CJP) Umar Ata Bandial has said judges are not economists; therefore, would not...

Updated 06 Jun, 2023 08:44am

Private secretaries: PM sanctions special grant @100pc of basic pay

ISLAMABAD: Prime Minister Shehbaz Sharif has sanctioned grant of Special Allowance 2023 @100 percent of the basic...

Updated 06 Jun, 2023 08:46am

Trade, aviation and illegal immigration: Pak-EU Joint Commission to meet in Brussels on 23rd

ISLAMABAD: Pakistan and the European Union (EU) will reportedly hold Pak-EU Joint Commission meeting in Brussels...

Updated 06 Jun, 2023 08:43am

Russia, Afghanistan & Iran: Barter trade policy finds favour with businesses

LAHORE: As the barter trade is set to start with Russia, Afghanistan and Iran the SAARC Chamber Vice President and...

Published 06 Jun, 2023 05:33am

Energy

Deals worth Rs2.5bn finalised at energy expos

LAHORE: Over Rs2.5 billion worth of deals have been finalized at the second International Solar Energy Meet (ISEM)...

Published 06 Jun, 2023 05:33am

Commodities

Wheat jumps to near 3-week high on Black Sea supply woes, China weather

SINGAPORE: Chicago wheat rose more than 1% on Monday, climbing to its highest in almost three weeks, as concerns ...

Published 06 Jun, 2023 05:33am

Energy

Asia Naphtha, Gasoline margin plunges to November lows, crude rises

NEW DELHI: Asia’s naphtha refining profit margin tanked to the lowest since Nov. 11 on Monday after crude oil...

Published 06 Jun, 2023 05:33am

Commodities

Iron ore hits 6-week high on China property support bets

MANILA: Dalian and Singapore iron ore futures climbed to their highest in six weeks on Monday, with traders betting...

Published 06 Jun, 2023 05:33am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 17.994 ...

Published 06 Jun, 2023 05:33am

Energy

VLSFO rebounds on stronger bids, HSFO under pressure

SINGAPORE: Asia’s spot premium for very-low sulphur fuel oil (VLSFO) edged higher on Monday on firmer bids, while...

Published 06 Jun, 2023 05:33am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday (June 05, 2023)...

Published 06 Jun, 2023 05:33am

Cotton & Textile

Cotton market remains steady

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

Published 06 Jun, 2023 05:33am

Japanese rubber futures climbed for third straight session

Commodities

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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