News Archives for Print - 2023-06-17

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Print - 2023-06-17

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Friday (June 16, 2023). ======================== Offer Price 614.6123...

Published 17 Jun, 2023 06:50am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Friday (June 16, 2023). ======================== Offer Price ...

Published 17 Jun, 2023 06:50am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (June 16, 2023). ======================== Offer Price...

Published 17 Jun, 2023 06:50am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (June 16, 2023). ======================== Offer Price ...

Published 17 Jun, 2023 06:50am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (June 16, 2023). ======================== Offer Price 1,807.7085...

Published 17 Jun, 2023 06:50am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (June 16, 2023). ======================== Offer Price 1,331.8299 Bid...

Published 17 Jun, 2023 06:50am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (June 16, 2023). ======================== Offer...

Published 17 Jun, 2023 06:50am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (June 16, 2023). ======================== Offer...

Published 17 Jun, 2023 06:50am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (June 16, 2023). ======================== OFFER PRICE...

Published 17 Jun, 2023 06:45am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (June 16, 2023). ======================== OFFER PRICE...

Published 17 Jun, 2023 06:45am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (June 16, 2023). ======================== OFFER PRICE 1,524.0988...

Published 17 Jun, 2023 06:45am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Friday (June 16, 2023). ======================== OFFER PRICE 1,095.3974...

Published 17 Jun, 2023 06:45am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (June 16, 2023). ======================== OFFER PRICE 1,516.5442 BID...

Published 17 Jun, 2023 06:45am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (June 16, 2023). ======================== OFFER PRICE...

Published 17 Jun, 2023 06:45am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (June 16, 2023). ======================== OFFER PRICE 1,729.8628...

Published 17 Jun, 2023 06:45am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (June 16, 2023). ======================== OFFER PRICE 533.0505...

Published 17 Jun, 2023 06:45am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (June 16, 2023). ======================== OFFER PRICE 447.0387...

Published 17 Jun, 2023 06:45am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (June 16, 2023). ======================== OFFER PRICE 2,360.1212...

Published 17 Jun, 2023 06:45am

US adds Switzerland to currency monitoring list, eyeing China

WASHINGTON: None of the United States’ major trading partners has been designated as manipulating its currency —...

Published 17 Jun, 2023 06:13am

Former PS Azam Khan goes missing, case lodged

ISLAMABAD: The city police, on Friday, registered a ‘kidnapping case’ at the complaint of a family member of ...

Published 17 Jun, 2023 06:13am

Women’s cricket: First-ever home series against South Africa in September

LAHORE: South Africa women’s cricket team will undertake their first-ever tour to Pakistan in August/September ...

Published 17 Jun, 2023 06:13am

Customs seizes smuggled cigarettes worth Rs303m

KARACHI: Customs Intelligence on Friday claimed to have seized smuggled cigarettes worth Rs. 303 million during a...

Published 17 Jun, 2023 06:13am

Customs authorities imposing penalties without parameters

LAHORE: Customs authorities are accused of imposing duties and penalties on the basis of invoices retrieved from...

Published 17 Jun, 2023 06:13am

BISP provides financial aid to 9m women heads: minister

BERLIN: Federal Minister and Chairperson Benazir Income Support Programme, Shazia Marri has said that a cash...

Published 17 Jun, 2023 06:13am

Biparjoy likely to dissipate over Rann of Kutch today

KARACHI: The cyclonic storm, Biparjoy, is likely to dissipate over Rann of Kutch, India, on Saturday after ripping...

Published 17 Jun, 2023 06:13am

Bilawal, UK foreign secy discuss ties, climate finance

ISLAMABAD: Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom, James ...

Published 17 Jun, 2023 06:13am

Remarks against VCs: Khawaja Asif tenders apology

ISLAMABAD: A day after vice-chancellors (VCs) strongly protested against Defence Minister Khawaja Asif’s remarks...

Published 17 Jun, 2023 06:13am

AGP tells SC: Review of judgment/order should not be understood as review in appellate jurisdiction

ISLAMABAD: The Attorney General for Pakistan (AGP) told the Supreme Court that a review of judgment/ order passed...

Published 17 Jun, 2023 06:13am

ATC denies post-arrest bail to Dr Yasmin

LAHORE: An Anti-Terrorism Court (ATC) on Friday denied post-arrest bail to PTI-Punjab President Dr Yasmin Rashid and...

Published 17 Jun, 2023 06:13am

NAB summons IK on 21st in Toshakhana case

ISLAMABAD: The National Accountability Bureau (NAB) on Friday summoned Pakistan Tehreek-e-Insaf (PTI) Chairman and...

Published 17 Jun, 2023 06:13am

Reconstruction of flood-hit areas: Country to get $4bn from $9bn pledged at Geneva moot: officials

ISLAMABAD: Pakistan is to receive $4 billion out of over $9 billion pledged during the Geneva conference in January...

Published 17 Jun, 2023 06:13am

SAPM visits Jinnah House, condemns violence

ISLAMABAD: Fahd Haroon, the Special Assistant to the Prime Minister of Pakistan with the status of Minister of State...

Published 17 Jun, 2023 06:13am

Opposition in Sindh PA assails govt over ‘poor’ performance

KARACHI: Opposition on Friday censured the PPP government for its “failure” to develop the province in its...

Published 17 Jun, 2023 06:13am

Prices of sacrificial animals rising sharply

KARACHI: Prices of sacrificial animals have gone up as Eid-ul-Azha is fast approaching, the rising cost of animals...

Published 17 Jun, 2023 06:13am

The Weather

KARACHI: The weather report on Friday (June 16, 2023) and the forecast for Saturday (June 17, 2023)...

Published 17 Jun, 2023 06:13am

Rates

Bears rule the roost

KARACHI: Pakistan Stock Exchange on Friday opened in green zone, however failed to continue this momentum and closed...

Published 17 Jun, 2023 06:13am

Shehbaz elected PML-N president; no position for Khaqan

ISLAMABAD: Prime Minister Shehbaz Sharif, after being elected unopposed as president of Pakistan Muslim League-Nawaz...

Published 17 Jun, 2023 06:13am

Rice export: Russia confirms registration of 15 more Pakistani mills

KARACHI: Russia has confirmed registration of another 15 Pakistani mills for export of rice to Russia. This will ...

Updated 17 Jun, 2023 08:49am

CPEC turns 10; commemorations next month

ISLAMABAD: The government has decided to commemorate decade of China Pakistan Economic Corridor (CPEC) early next...

Published 17 Jun, 2023 06:13am

90pc KE reconciliation process over: Rs170bn record subsidy to be given to Karachiites: govt

KARACHI: K-Electric’s long pending financial issues with government departments, Tariff Differential Claims (TDCs)...

Updated 17 Jun, 2023 08:49am

Biparjoy weakens

AHMEDABAD, India/KARACHI: Roofs were blown off houses and trees and electric poles uprooted, leaving thousands...

Updated 17 Jun, 2023 08:48am

Bilawal reiterates Pakistan opposed to any bloc politics

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari on Friday reiterated Pakistan’s opposition to join any bloc...

Published 17 Jun, 2023 06:13am

Asad Rehman appointed Nadra chairman

ISLAMABAD: The federal government on Friday appointed Asad Rehman as chairman National Database and Registration...

Published 17 Jun, 2023 06:13am

UMT celebrates 33 years of service and success

LAHORE: University of Management and Technology (UMT) celebrated its 33rd anniversary on Friday, commemorating three...

Published 17 Jun, 2023 06:13am

Safeguard children, low-income group: Tobacco industry leaving no stone unturned to undo govt’s efforts

ISLAMABAD: The tobacco industry is leaving no stone unturned to undo the great work done by the government of...

Published 17 Jun, 2023 06:13am

Energy

SSGC restores gas supplies to industries

KARACHI: After the change in the direction of Cyclone Biparjoy, weather has improved and the LNG terminals have...

Published 17 Jun, 2023 06:13am

SCBA condemns firing at residence of Latif Khosa

ISLAMABAD: The Supreme Court Bar Association (SCBA) strongly condemned the firing at the residence of Sardar Abdul...

Published 17 Jun, 2023 06:13am

Secretariat employees: Punjab govt announces executive allowance

LAHORE: The Punjab government has announced to give executive allowance at the rate of 1.5 times the monthly basic...

Published 17 Jun, 2023 06:13am

President for adopting AI based solutions

ISLAMABAD: President Dr. Arif Alvi emphasized Pakistan’s business and industrial sectors to adopt artificial...

Published 17 Jun, 2023 06:13am

PPP to reorganise human rights wing from grassroots level: Bilawal

ISLAMABAD: Pakistan People’s Party (PPP) Chairman and Foreign Minister Bilawal Bhutto-Zardari said that the party...

Published 17 Jun, 2023 06:13am

PM, Zardari will select new PCB chairman: Sethi

LAHORE: Pakistan Cricket Board (PCB) Management Committee Chairman Najam Sethi said on Friday that it was up to ...

Published 17 Jun, 2023 06:13am

PM vows to give professional training, laptops to Balochistan’s youth

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday terming talented youth a “real asset” to Balochistan said the...

Published 17 Jun, 2023 06:13am

Pakistani journalists abroad face terrorism investigations at home

NEW YORK: Pakistan authorities must cease harassing foreign-based journalists Wajahat Saeed Khan, Shaheen Sehbai,...

Published 17 Jun, 2023 06:13am

Pakistan Army wins int’l military drill contest

ISLAMABAD: The Pakistan Army on Friday won an international military drill competition known as “Pace Sticking...

Published 17 Jun, 2023 06:13am

Ombudsman of Lazio Marino Fardelli visits Karachi

KARACHI: The Ombudsman of Lazio Region and the President of the National Coordination of Italian Ombudsmen, Marino...

Published 17 Jun, 2023 06:13am

IK’s sister gets interim bail in land fraud case

DG KHAN: A local court in Dera Ghazi Khan on Friday granted interim bail to PTI Chairman Imran Khan’s sister Uzma...

Published 17 Jun, 2023 06:13am

Commodities

Gold, silver prices gain

KARACHI: Gold and silver prices on Friday gained a big value on the local market, traders said. Gold prices grew by...

Published 17 Jun, 2023 06:13am

Energy

Power restoration in affected areas of Biparjoy: FESCO sends 70 teams to HESCO

FAISALABAD: On the special directives of Prime Minister Shehbaz Sharif and Minister of Energy (Power Division)...

Published 17 Jun, 2023 06:13am

Elusive IMF bailout: the end of the road?

The International Monetary Fund (IMF) and the country’s political situation are the two main issues that are...

Updated 17 Jun, 2023 07:10am

Don’t take IMF seriously?

“Alice in wonderland” is an all time classic and one of my favourite books. It is about the story of a ...

Updated 17 Jun, 2023 07:08am

PARTLY FACETIOUS: The Sharifs don’t read books?

“I want to set up a fund.” “What; like the Chief Justice Saqib Nisar Dam Fund?” “Hey get your facts right...

Published 17 Jun, 2023 06:13am

Letters

An over-ambitious growth target

This is apropos a Business Recorder op-ed ‘Impediments to a viable economy’ carried by the newspaper yesterday....

Published 17 Jun, 2023 06:13am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (June 16, 2023). ======================== Open Bid Rs...

Published 17 Jun, 2023 06:13am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (June 16, 2023)....

Published 17 Jun, 2023 06:13am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (June 16, 2023)....

Published 17 Jun, 2023 06:13am

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 17 Jun, 2023 06:13am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (June 16, 2023)....

Published 17 Jun, 2023 06:13am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 17 Jun, 2023 06:13am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (June 16, 2023). ==================================== BR...

Published 17 Jun, 2023 06:13am

Rates

BOARD MEETINGS

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

Published 17 Jun, 2023 06:13am

Stocks

Last date of renunciation/payment

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

Published 17 Jun, 2023 06:13am

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 17 Jun, 2023 06:13am

FY2023-24 budget: Govt describes tax exemptions as growth ‘triggers’

Says it is sustainable path to provide employment and livelihood to common citizen

Updated 17 Jun, 2023 09:00am

Bonus share, super tax: Senate panel rejects all sections of Finance Bill

All deferred items of Customs Act were accepted after due deliberation

Updated 17 Jun, 2023 12:37pm

Response to MPs’ queries about IMF: Dar says ‘odd politics’ being played against country

ISLAMABAD: Finance Minister Ishaq Dar on Friday said odd politics is being played against Pakistan, in response to...

Updated 17 Jun, 2023 08:59am

Reserves, IMF term: $1bn Chinese loan received

KARACHI: Pakistan on Friday night received $1 billion inflows from China as loan to build the depleting foreign...

Updated 17 Jun, 2023 08:58am

July-May textile group exports fall 14.72pc to $15.029bn YoY

ISLAMABAD: The country’s textile group exports declined by around 14.72 percent during the first eleven months...

Updated 17 Jun, 2023 11:25am

Carbon credits auction for Pakistan mangrove project oversubscribed

SINGAPORE: The demand for carbon-removal credits generated by a Pakistan mangrove restoration project and issued in...

Updated 17 Jun, 2023 08:57am

SPI inflation up 0.2pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI)-based inflation for the week ended June 15, 2023, increased by 0.2...

Updated 17 Jun, 2023 10:27am

Gas supply from Wali field begins

ISLAMABAD: In a landmark development, an injection of gas supply into the SNGPL’s network from the OGDCL’s...

Updated 17 Jun, 2023 08:56am

ECC advises PD: RLNG demand be firmed up 3 months in advance

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has advised Petroleum Division to ensure that...

Updated 17 Jun, 2023 08:48am

ECP empowered to decide election date: Bill aimed at reducing disqualification term passed by Senate

ISLAMABAD: The treasury side in the Senate Friday managed to get the Elections (Amendment) Bill 2023, a...

Updated 17 Jun, 2023 08:55am

OPEC+ oil output cuts are non-political: Putin

MOSCOW: Russian President Vladimir Putin said on Friday that decisions made by the OPEC+ group to cut oil production...

Updated 17 Jun, 2023 06:58am

Companies

Import restriction: Suzuki apprises Qamar about its ‘plight’

ISLAMABAD: Japanese car assembler M/s Suzuki on Friday shared its woes with respect to restriction on imports with...

Updated 17 Jun, 2023 11:26am

KE April FCA: Nepra approves 5 paisa per unit negative adjustment

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has approved negative adjustment of Paisa 05 per ...

Published 17 Jun, 2023 06:13am

Telecom operators demand relief in taxes, duties

ISLAMABAD: Telecom operators have demanded a reduction in advance income tax, federal excise duty on telecom...

Published 17 Jun, 2023 06:13am

Economic diplomacy can help boost country’s trade, exports

LAHORE: Punjab Governor Muhammad Balighur Rehman said on Friday that the country’s trade and exports can be ...

Published 17 Jun, 2023 06:13am

Zardari’s CoE

EDITORIAL: That Pakistan needs a so-called Charter of Economy (CoE) is not a new idea. It was most vociferously...

Published 17 Jun, 2023 06:13am

A joint naval force

EDITORIAL: It is becoming clear with every passing week that the Iran-Saudi rapprochement was very well, and very...

Published 17 Jun, 2023 06:13am

Sharjeel, World Bank team review Yellow Line BRT project

KARACHI: The World Bank delegation met with the Minister for Information, Transport, and Mass Transit, Sharjeel Inam...

Published 17 Jun, 2023 06:13am

Money & Banking

MCB Bank and Marham join hands to promote digital healthcare services

LAHORE: MCB Bank Limited, one of Pakistan’s leading banks, has established a strategic alliance with Marham...

Published 17 Jun, 2023 06:13am

Jul-May period: Petroleum group imports decline 21.84pc to $15.382bn YoY

ISLAMABAD: Petroleum group imports witnessed a negative growth of 21.84 percent during the first 11 months ...

Published 17 Jun, 2023 06:13am

Companies

Digital transformation journeys: ‘SAP committed to support Pakistan govt, businesses’

KARACHI: SAP’s Senior Vice President Middle East and North Africa, Ahmed Al-Faifi, has reiterated SAP’s...

Published 17 Jun, 2023 06:13am

Industry

‘Telecom sector faces challenges of dollarised cost structure’

ISLAMABAD: Telecom sector has warned perverse policy of pegging spectrum fees to the dollar pushing the country into...

Published 17 Jun, 2023 06:13am

Industry

Bilawal assures support to business community: UBG

LAHORE: Chairman of United Business Group and former President of Lahore Chamber of Commerce and Industry Shehzad ...

Published 17 Jun, 2023 06:13am

Companies

PTCL Group opens new Futsal Arena for employees

KARACHI: Pakistan’s largest telecommunication and integrated ICT services provider, PTCL Group (PTCL & Ufone...

Published 17 Jun, 2023 06:13am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	278.20
USD PKR Interbank Buying / May 9	278
USD to Japanese Yen / May 9	155.57
USD to Swiss Franc / May 9	0.91
Pound Sterling to USD / May 9	1.25
Euro to USD / May 9	1.07

Stock	Volume
S&P 500 / May 8	5187.67
Nasdaq / May 8	16302.76
Dow Jones / May 8	39056.39
India Sensex / May 9	72965.17
Tokyo Nikkei / May 9	38260.75
Hang Seng / May 9	18532.72
FTSE 100 / May 9	8363.71
Germany DAX 30 / May 9	18547.71

Item	Value
Petrol/Litre / May 9	288.49
Crude Oil USD/Barrel / May 9	79.44
Karachi Cotton PKR/37.32 KG / May 9	19935
Gold 10 Grams PKR / May 9	205075
Gold Spot USD/Ounce / May 9	2318.17
Diesel/Litre / May 9	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 9 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 9 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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