News Archives for Print - 2023-07-14

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Print - 2023-07-14

Improving foreign investment climate

‘After a steep drop in 2020 and a strong rebound in 2021, global foreign direct investment (FDI) declined by 12 per...

Published 14 Jul, 2023 06:55am

Violent conflict in Kurram

EDITORIAL: Mercifully, the Kurram warring tribes have reportedly agreed to cease hostilities for a year. The area ...

Published 14 Jul, 2023 06:41am

IMF SBA, finally

EDITORIAL: The International Monetary Fund (IMF) board approved the 3 billion dollar Stand-By Arrangement (SBA) to...

Published 14 Jul, 2023 06:38am

The Weather

KARACHI: The weather report on Thursday (July 13, 2023) and the forecast for Friday (July 14, 2023)...

Published 14 Jul, 2023 06:23am

Regional Connectivity – Opportunities, Challenges & Way Forward

TEXT: The fall of the erstwhile Soviet Union and the emergence of the Central Asian Republics (CARs) around three...

Published 14 Jul, 2023 06:23am

TAQ’s role in logistics continues to bolster up the economy

TEXT: At a time when it’s most needed ‘The TAQ Organization’, a pioneer in the supply chain logistics sector,...

Published 14 Jul, 2023 06:23am

MERI GARI – Pakistan’s Best App for Goods Transportation

TEXT: Meri Gari commenced operations in 2022 with an aim to transform road freight in Pakistan, through cutting-edge...

Published 14 Jul, 2023 06:23am

Navigating the Challenges: Pakistan’s Logistics Industry

TEXT: As Pakistan continues its journey towards economic growth and development, the logistics industry plays a ...

Published 14 Jul, 2023 06:23am

Special shoulder braids to constables: IGP Punjab takes historic step

LAHORE: Inspector General Police Punjab Dr Usman Anwar has taken a historic step to increase the honour and respect...

Published 14 Jul, 2023 06:23am

Senate body informed: KPK only province without specialised public sector children’s hospital

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

Published 14 Jul, 2023 06:23am

CPJ urges BD authorities to lift shutdown on two social media platforms

NEW YORK: Two Bangladeshi social media outlets shuttered by authorities must be allowed to operate freely, the...

Published 14 Jul, 2023 06:23am

South Asia

India gives initial nod to buy French Rafale jets, submarines

NEW DELHI: India’s defence ministry has given initial approval to purchase 26 Rafale fighter jets for its navy and...

Published 14 Jul, 2023 06:23am

China renews call for US to lift sanctions

BEIJING: China on Thursday renewed its call for the United States to lift “unilateral” sanctions against Chinese...

Published 14 Jul, 2023 06:23am

PARTLY FACETIOUS: Lies, damned lies and statistics

“You heard the quote - there are lies, lies and then there are statistics.” “Hey I am not Nawaz Sharif who ...

Published 14 Jul, 2023 06:23am

Shaheens gear up for ACC Men’s Emerging Asia Cup

LAHORE: Defending champions Pakistan Shaheens are all geared up to open their campaign in the ACC Men’s Emerging...

Published 14 Jul, 2023 06:23am

Severed fingertip sent in letter to Macron

PARIS: French prosecutors said Thursday they had opened an investigation after the discovery of a severed fingertip...

Published 14 Jul, 2023 06:23am

LHC allows interim protective bail to IK

LAHORE: The Lahore High Court on Thursday allowed interim protective bail to PTI chairman Imran Khan for fortnight ...

Published 14 Jul, 2023 06:23am

Men more vulnerable to dengue virus in Pakistan: minister

LAHORE: The caretaker provincial Health Minister Dr Javed Akram said on Thursday that dengue virus has affected men...

Published 14 Jul, 2023 06:23am

Pakistan Innovation Fund: Ministry awards grant to young innovators, entrepreneurs

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives formally awarded a grant ranging from ...

Published 14 Jul, 2023 06:23am

4,000 damaged houses in South Waziristan: NA body concerned at not completing survey

ISLAMABAD: The National Assembly Standing Committee on States and Frontier Regions (SAFRON) expressed serious ...

Published 14 Jul, 2023 06:23am

Senate body informed: NHA moves summary for recruiting 1,900 posts

ISLAMABAD: The Senate Standing Committee on Communications, Thursday, was informed that the National Highways and...

Published 14 Jul, 2023 06:23am

NTDC restores DG Khan-Loralai Transmission Line

LAHORE: The National Transmission and Despatch Company Ltd (NTDC) has successfully restored power supply through the...

Published 14 Jul, 2023 06:23am

‘Darkest day for democracy’ PTI terms election of GB’s new CM ‘broad daylight robbery’ of public mandate

ISLAMABAD: Terming the election of new chief minister Gilgit-Baltistan “a broad daylight robbery” of public...

Published 14 Jul, 2023 06:23am

NA body informed: PTV earns record profit of Rs5.5bn this year

ISLAMABAD: The National Assembly Standing Committee on Information and Broadcasting on Thursday was informed that ...

Published 14 Jul, 2023 06:23am

Wildlife Dept inks ‘management agreement’ with Punjab Rangers

LAHORE: The Punjab Wildlife and Parks Department has entered into a ‘management agreement’ with the Punjab...

Published 14 Jul, 2023 06:23am

Woman among two shot dead by opponents in Lahore court

LAHORE: Two people including a woman were shot and killed by opponents of a case in the Lahore session court here on...

Published 14 Jul, 2023 06:23am

‘National Freelancing Policy’ drafted

ISLAMABAD: The Ministry of Information Technology and Telecommunication has drafted “National Freelancing...

Published 14 Jul, 2023 06:23am

AKU workshop addresses cervical cancer burden in Pakistan

KARACHI: The Aga Khan University in collaboration with the Centre for Women and Child Health at AKU and Liaquat...

Published 14 Jul, 2023 06:23am

Kashmir Martyred Day: APHC leaders reiterate resolve to continue freedom struggle

ISLAMABAD: The leaders of All Parties Hurriyat Conference (APHC), Thursday, while marking the Kashmir Martyred Day...

Published 14 Jul, 2023 06:23am

CM holds meeting for restoring Lahore heritage

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi huddled up at his office to assess the progress of ...

Published 14 Jul, 2023 06:23am

We need to start living within our means

Some day our cheerfulness in adversity will come to colour. Pakistan has been a member of the International Monetary...

Updated 14 Jul, 2023 06:59am

Quake relief: Coca-Cola Pakistan donates water filtration plants to Turkiye

KARACHI: Coca-Cola Pakistan handed over five water filtration plants for Turkiye earthquake relief to the Turkish...

Published 14 Jul, 2023 06:23am

Ghaznavi made Assistant Rotary Public Image Coordinator Zone-IB

ISLAMABAD: Rotary International Thursday announced the appointment of Imran Ghaznavi as the Assistant Rotary Public...

Published 14 Jul, 2023 06:23am

Trials of civilians under Army Act: SC to resume hearing on 18th

ISLAMABAD: The Supreme Court will resume the hearing of petitions against the trials of civilians under the Army ...

Published 14 Jul, 2023 06:23am

‘Agri sector to be key part of IPP manifesto’: Aleem discusses election strategy with party leaders

LAHORE: President of the Istehkam-e-Pakistan Party (IPP), Abdul Aleem Khan, said on Thursday that agriculture and...

Published 14 Jul, 2023 06:23am

ATC issues bailable arrest warrant for IK in FJC attack case

ISLAMABAD: An Anti-Terrorism Court (ATC), on Thursday, issued bailable arrest warrant for Pakistan Tehreek-e-Insaf...

Published 14 Jul, 2023 06:23am

Islamabad, Lahore & Peshawar: Minister warns of urban flooding

ISLAMABAD: Climate Change Minister Sherry Rehman has warned of urban flooding in the twin cities of Islamabad and...

Published 14 Jul, 2023 06:23am

Kundi says there’s Israel’s link to ‘May 9’

ISLAMABAD: Pakistan People’s Party (PPP) Spokesman and Minister of State for Poverty Alleviation and Social Safety...

Published 14 Jul, 2023 06:23am

Pakistan says committed to engaging with Afghanistan on all aspects

ISLAMABAD: In a bid to ensure lasting peace between the two countries, Pakistan on Thursday reaffirmed its ...

Published 14 Jul, 2023 06:23am

Sindh PA session held: Opposition says concerned at drug trafficking in education institutions

KARACHI: Opposition in the Sindh Assembly on Thursday reiterated its concerns over sale of drugs in education...

Published 14 Jul, 2023 06:23am

Bilawal to visit UK

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari is to visit United Kingdom (UK) in the last week of the current...

Published 14 Jul, 2023 06:23am

Haji Gulber Khan elected GB CM

GILGIT: The Gilgit Baltistan Assembly on Thursday elected Haji Gulbar Khan as new Chief Minister (CM) of the...

Published 14 Jul, 2023 06:23am

SC seeks report on hirings at SHC, district courts

ISLAMABAD: The Supreme Court directed the SC staff to supply the report of a three-member committee of the Sindh ...

Published 14 Jul, 2023 06:23am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (July 13, 2023). ========================== KIBOR...

Published 14 Jul, 2023 06:23am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (July 13, 2023). ======================== OFFER PRICE...

Published 14 Jul, 2023 06:23am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (July 13, 2023). ======================== OFFER PRICE...

Published 14 Jul, 2023 06:23am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (July 13, 2023). ======================== OFFER PRICE...

Published 14 Jul, 2023 06:23am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (July 13, 2023). ======================== OFFER PRICE...

Published 14 Jul, 2023 06:23am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (July 13, 2023). ======================== OFFER PRICE...

Published 14 Jul, 2023 06:23am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (July 13, 2023). ======================== OFFER PRICE 1,569.3487...

Published 14 Jul, 2023 06:23am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Thursday (July 13, 2023). ======================== OFFER PRICE ...

Published 14 Jul, 2023 06:23am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (July 13, 2023). ======================== OFFER PRICE...

Published 14 Jul, 2023 06:23am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (July 13, 2023). ======================== OFFER PRICE...

Published 14 Jul, 2023 06:23am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (July 13, 2023). ======================== OFFER PRICE...

Published 14 Jul, 2023 06:23am

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 14 Jul, 2023 06:23am

Rates

Proposed right issues

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

Published 14 Jul, 2023 06:23am

Stocks

Last date of renunciation/payment

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

Published 14 Jul, 2023 06:23am

Rates

BOARD MEETINGS

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

Published 14 Jul, 2023 06:23am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (July 13, 2023). ==================================== BR...

Published 14 Jul, 2023 06:23am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 14 Jul, 2023 06:23am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Thursday (July 13, 2023)....

Published 14 Jul, 2023 06:23am

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 14 Jul, 2023 06:23am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (July 13, 2023)....

Published 14 Jul, 2023 06:23am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 13, 2023)....

Published 14 Jul, 2023 06:23am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (July 13, 2023). ======================================= Offset...

Published 14 Jul, 2023 06:23am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (July 13, 2023)...

Published 14 Jul, 2023 06:23am

Rates

LME official prices

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

Published 14 Jul, 2023 06:23am

Letters

General election to take place in October or November

In his address to the nation yesterday, prime minister Shehbaz Sharif said that he will hand government over to the...

Published 14 Jul, 2023 06:23am

Stocks

Ebbing inflation eases rate hike fears on Wall Street

NEW YORK: Wall Street rose on Thursday after producer prices data provided further evidence of inflation cooling in...

Published 14 Jul, 2023 06:23am

Stocks

European shares rise as tech leads gains

PARIS: European shares closed higher on Thursday led by technology stocks, as hopes grew that the Federal ...

Published 14 Jul, 2023 06:23am

Stocks

China stocks jump at close after govt signals support to tech giants

SHANGHAI: China and Hong Kong stocks jumped on Thursday, led by tech giants, after authorities sent another strong...

Published 14 Jul, 2023 06:23am

Stocks

Indian shares rise as cooling US inflation powers IT stocks

BENGALURU: Indian shares edged higher on Thursday, aided by information technology (IT) stocks amid cooling ...

Published 14 Jul, 2023 06:23am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 124,994 tonnes of cargo comprising 89,319 tonnes of import cargo and 35,675...

Published 14 Jul, 2023 06:23am

Rates

Stocks fall on profit-taking

KARACHI: Pakistan Stock Exchange Thursday closed on a negative note as the investors opted to book profits on...

Published 14 Jul, 2023 06:23am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (July 13,...

Published 14 Jul, 2023 06:23am

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 14 Jul, 2023 06:23am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (July 13, 2023)....

Published 14 Jul, 2023 06:23am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (July 13, 2023). ======================== Open Bid Rs...

Published 14 Jul, 2023 06:23am

Commodities

Gold prices soar

KARACHI: Gold prices on Thursday bounced back with a huge gain on the local market, traders said. The yellow metal...

Published 14 Jul, 2023 06:23am

Energy

Possible rains: Iesco field formations put on high alert

ISLAMABAD: Chief Executive Iesco Dr Muhammad Amjad Khan has said that field formations have been put on high alert...

Published 14 Jul, 2023 06:23am

Energy

Wapda chairman visits Mohmand Dam project’s all key sites: Management directed to complete River Swat diversion during low-flow season

LAHROE: Chairman Wapda Engr Lt Gen Sajjad Ghani (Retd) has directed the project management of Mohmand Dam to double...

Published 14 Jul, 2023 06:23am

Energy

PAC warns Nepra chief against non-cooperation with AGP

ISLAMABAD: The Public Accounts Committee (PAC) on Thursday warned Chairman National Electric Power Regulatory...

Published 14 Jul, 2023 06:23am

Energy

‘Speed of electrical uplift work being accelerated in FESCO region’

FAISALABAD: Chairman Faisalabad Electric Supply Company FESCO/WAPDA Malik Tahsin Awan has said that on the special...

Published 14 Jul, 2023 06:23am

TikTok updates family pairing feature

LAHORE: Announcing new initiatives aimed at enhancing the safety and well-being of teenagers, TikTok has expanded ...

Published 14 Jul, 2023 06:23am

Commodities

Gold scales 1-month peak as dollar, yields drop

NEW YORK: Gold prices hovered near 1-month highs on Thursday as the dollar and Treasury yields fell on expectations...

Published 14 Jul, 2023 06:23am

Commodities

Palm oil ends lower on global output forecast

KUALA LUMPUR: Malaysian palm oil futures ended lower on Thursday, weighed down by forecast of improving production ...

Published 14 Jul, 2023 06:23am

Commodities

Copper extends gains, hits three-week high

LONDON: Copper prices extended gains to hit three-week highs on Thursday on hopes for a halt in US rate hikes after...

Published 14 Jul, 2023 06:23am

Energy

Oil prices up, hit nearly 3-month high

NEW YORK: Oil prices rose on Thursday to their highest in nearly three months after US inflation data implied...

Published 14 Jul, 2023 06:23am

Cotton & Textile

Firm trend on cotton market

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

Published 14 Jul, 2023 06:23am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (July 13, 2023)...

Published 14 Jul, 2023 06:23am

Energy

US natural gas futures down as low LNG feedgas offsets impact of extreme heat

NEW YORK: US natural gas futures slid about 3% on Wednesday as maintenance work limits the amount of gas flowing to...

Published 14 Jul, 2023 06:23am

Commodities

Brazil green coffee exports fall

SAO PAULO: Brazil, the world’s largest coffee exporter, shipped 2.29 million 60-kg bags of green coffee abroad in...

Published 14 Jul, 2023 06:23am

Commodities

Japanese rubber futures inert

SINGAPORE: Japanese rubber futures were relatively unchanged on Thursday ahead of China trade, with a firm yen...

Published 14 Jul, 2023 06:23am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 24.479...

Published 14 Jul, 2023 06:23am

Grains

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	145.32
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 19	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 20	82,169.24
Tokyo Nikkei / Jun 20	38,403.23
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,829.80
Germany DAX 30 / Jun 20	23,264.83
France CAC40 / Jun 20	7,592.12

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 19	16,785
Gold 10 Grams PKR / Jun 19	307,437
Petrol/Litre / Jun 20	258.43
Crude Oil USD/Barrel / Jun 20	75.66
Gold Spot USD/Ounce / Jun 20	3,350.80
Diesel/Litre / Jun 20	262.59
Cotton US¢/pound / Jun 20	66.53

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	8.40 ▲ 1 (13.51%)
Shaheen Ins. / Jun 20 Shaheen Insurance Company Limited(SHNI)	6.10 ▲ 0.6 (10.91%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Bhanero Textile / Jun 20 Bhanero Textile Mills Limited(BHAT)	880 ▲ 80 (10%)
Zahid Jee Textile / Jun 20 Zahidjee Textile Mills Limited(ZAHID)	43.66 ▲ 3.97 (10%)
J.A.Textile / Jun 20 J.A. Textile Mills Limited(JATM)	29.18 ▲ 2.65 (9.99%)
Shahzad Tex. / Jun 20 Shahzad Textile Mills Limited(SZTM)	46.57 ▲ 4.23 (9.99%)
Service Textile / Jun 20 Service Industries Textiles Limited(SERT)	23.80 ▲ 2.16 (9.98%)
Chenab Ltd (Pref) / Jun 20 Chenab Limited (Pref)(CLCPS)	3.34 ▲ 0.3 (9.87%)

Stock	Price
Dewan Mushtaq / Jun 20 Dewan Mushtaq Textile Mills Limited(DMTM)	8.88 ▼ -1.54 (-14.78%)
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.91 ▼ -2.15 (-14.28%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.80 ▼ -1239.3 (-10%)
Imperial Limited / Jun 20 Imperial Limited(IML)	14.21 ▼ -1.45 (-9.26%)
Pakistan Services / Jun 20 Pakistan Services Limited(PSEL)	900 ▼ -71.99 (-7.41%)
Orient Rental / Jun 20 Orient Rental Mod(ORM)	9.40 ▼ -0.7 (-6.93%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	181 ▼ -11.29 (-5.87%)
Kohat Textile / Jun 20 Kohat Textile Mills Limited(KOHTM)	92.18 ▼ -4.82 (-4.97%)
Biafo Ind. / Jun 20 Biafo Industries Limited(BIFO)	163.55 ▼ -8.46 (-4.92%)
Sapphire Textile / Jun 20 Sapphire Textile Mills Limited(SAPT)	1,105 ▼ -45 (-3.91%)

Stock	Volume
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	832,746 ▲ 0.2
MACPAC Films / Jun 20 MACPAC Films Limited(MACFL)	713,026 ▲ 1.56
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	543,401 ▲ 0.2
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	533,325 ▲ 0.02
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	301,179 ▲ 0.35
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	279,001 ▲ 0.13
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	232,709 ▲ 1
PIA Holding Co.Ltd / Jun 20 PIA Holding Company Limited(PIAHCLA)	187,358 ▲ 0.5
Bunnys Limited / Jun 20 Bunnys Limited(BNL)	184,782 ▲ 2
Crescent Textile / Jun 20 The Crescent Textile Mills Limited(CRTM)	148,384 ▲ 0.54

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