News Archives for Print - 2023-10-07

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Print - 2023-10-07

Iran’s Narges wins Nobel Peace Prize

OSLO: Iran’s imprisoned women’s rights advocate Narges Mohammadi won the Nobel Peace Prize on Friday in a rebuke...

Published 07 Oct, 2023 06:02am

US expels two Russian diplomats in reciprocal step

WASHINGTON: The United States said Friday it was expelling two Russian diplomats, a retaliatory step after Moscow...

Published 07 Oct, 2023 06:02am

18 migrants killed in Mexico bus crash

MEXICO CITY: A bus carrying migrants overturned in southern Mexico on Friday, leaving at least 18 passengers dead ...

Published 07 Oct, 2023 06:02am

Sukhram Das wins ‘All-Time Best Teaching Award’

KARACHI: Caretaker Chief Minister Sindh has awarded “All-Time Best Teaching Award” to renowned educationalist...

Published 07 Oct, 2023 06:02am

The Weather

KARACHI: The weather report on Friday (October 06, 2023) and the forecast for Saturday (October 07, 2023)...

Published 07 Oct, 2023 06:02am

Senate panel irked by absence of secretary of ministry of industries

ISLAMABAD: The Senate Standing Committee on Industries and Production was annoyed over not attending the committee...

Published 07 Oct, 2023 06:02am

CM vows crackdown on illegal migrants

LAHORE: The Punjab caretaker Chief Minister Mohsin Naqvi has warned that a crackdown on those living illegally in ...

Published 07 Oct, 2023 06:02am

First Sindh forensic science lab: 40pc building work completed

KARACHI: The establishment of the first and state-of-the-art Sindh Forensic Science Laboratory (SFSL) in Karachi in...

Published 07 Oct, 2023 06:02am

Middle East

Palestinian killed in clashes with Israelis in West Bank

HUWARA (Palestinian Territories): A Palestinian was killed on Friday during clashes with Israelis in the occupied...

Published 07 Oct, 2023 06:02am

Europe

Sarkozy charged in witness tampering probe

PARIS: Former French president Nicolas Sarkozy was on Friday charged as part of an investigation into possible...

Published 07 Oct, 2023 06:02am

APHC-AJK condemns ban on DFP in J&K

ISLAMABAD: All Parties Hurriyat Conference Azad Jammu and Kashmir (APHC-AJK) chapter has strongly condemned the ban...

Published 07 Oct, 2023 06:02am

CAMEA, USIP hold global moot on ‘navigating peace & security in region & beyond: Pakistan’s role’

ISLAMABAD: The Centre for Afghanistan Middle East and Africa (CAMEA) at the Institute of Strategic Studies Islamabad...

Published 07 Oct, 2023 06:02am

Trained, skilled, manpower prerequisite to face challenges: VC UAF

FAISALABAD: Trained, skilled and professional manpower is prerequisite to face the challenges facing the country in...

Published 07 Oct, 2023 06:02am

Govt to conduct research study for breast cancer eradication: minister

LAHORE: The caretaker Punjab Health Minister Prof Dr Javed Akram has said that 9 out of every 100 women in Pakistan...

Published 07 Oct, 2023 06:02am

28 probable players for Pakistan Women's Emerging Camp

LAHORE: The Women’s National Selection Committee headed by Saleem Jaffar has named 28 probable for the upcoming...

Published 07 Oct, 2023 06:02am

ACCA members look forward to adopting digital technologies

KARACHI: A survey among members of the Association of Chartered Certified Accountants (ACCA) sees a range of key...

Published 07 Oct, 2023 06:02am

Pakistan supports FIFA World Cup in KSA

ISLAMABAD: Pakistan on Friday announced its support for Saudi Arabia’s bid for hosting the FIFA World Cup 2034....

Published 07 Oct, 2023 06:02am

Stocks

European stocks hits third-straight weekly loss

PARIS: European shares advanced at the end of a turbulent week tracking Wall Street gains, but hit weekly losses,...

Published 07 Oct, 2023 06:01am

Stocks

HK stocks rise ahead of US payrolls data

HONG KONG: Hong Kong stocks rose for a second session on Friday, tracking firmer overseas markets, as investors...

Published 07 Oct, 2023 06:01am

Stocks

Dubai index tracks global shares higher

DUBAI: Dubai’s stock index closed higher on Friday, following global equities over hopes of a subdued US payrolls...

Published 07 Oct, 2023 06:01am

ECP establishes facilitation desk

ISLAMABAD: Election Commission of Pakistan (ECP) has established facilitation desk at its Islamabad Secretariat to...

Published 07 Oct, 2023 06:01am

TIP releases report on ‘Right of Access to Information Act’

KARACHI: Transparency International Pakistan (TIP) has released a report on “State of Implementation of Proactive...

Published 07 Oct, 2023 06:01am

Shehroze Kashif summits Mount Cho Oyu, world’s 13th highest peak

LAHORE: Shehroze Kashif, the unstoppable force of adventure, has successfully summited the majestic Mount Cho Oyu,...

Published 07 Oct, 2023 06:01am

Progressive countries moving towards modern technology: Dr Atta

HYDERABAD: Former Federal Minister of Science and Technology and former Chairman of Higher Education Commission ...

Published 07 Oct, 2023 06:01am

Scholarships provided to 7,000 deserving students in UAF: VC

FAISALABAD: Dr. Sultan Ali Shukro Scholarship Endowment meant for the handholding of financially deprived students ...

Published 07 Oct, 2023 06:01am

Implementation – a key challenge

The World Bank issues ‘policy advice’ to Pakistan, from time to time, on key reforms, structural weaknesses and...

Updated 07 Oct, 2023 06:42am

Junkyard of vehicles

Right in front of the once roaring sea at Clifton beach, now pushed back to make way for dying palm trees which do...

Updated 07 Oct, 2023 06:24am

PARTLY FACETIOUS: Dr Nishtar has done Pakistan proud

“Technocrats, technocrats everywhere and never a technocrat who is able.” “Where did that come from?” ...

Published 07 Oct, 2023 06:01am

Letters

Rise in street crimes: a wake-up call

The country’s two main cities in particular — Karachi and Islamabad — seem to be in the grip of street crimes....

Published 07 Oct, 2023 06:01am

Stocks

Wall Street rebounds on megacaps boost

NEW YORK: Wall Street’s main indexes reversed course and rose on Friday following a boost from megacap stocks, ...

Published 07 Oct, 2023 06:01am

Shehbaz speaks about his govt’s 16-month performance

LAHORE: Felicitating the Pakistani nation over the extension in GSP+ status, Pakistan Muslim League-Nawaz (PML-N)...

Published 07 Oct, 2023 06:01am

‘Country may face water scarcity by 2025’

ISLAMABAD: Experts warned that if the depletion of water resources continues, Pakistan shall face severe water...

Published 07 Oct, 2023 06:01am

CDA: Audit observes Rs95.9bn financial ‘irregularities’

ISLAMABAD: The Auditor General of Pakistan (AGP) raised observations about the financial irregularities of the...

Published 07 Oct, 2023 06:01am

Two killed, 17 injured in Punjab traffic accidents

LAHORE: Two people lost their lives and 17 sustained injuries in traffic accidents in two cities of Punjab. ...

Published 07 Oct, 2023 06:01am

Return of illegal migrants: Afghanistan vows full cooperation

ISLAMABAD: The Afghan authorities have ensured Pakistan’s administration and police officials for full cooperation...

Published 07 Oct, 2023 06:01am

Inflation, unfair tax regime: JI to hold sit-in outside Sindh Governor’s House

KARACHI: Jamaat-e-Islami (JI) Karachi has held publicity camps, corner meetings and distributed handbills across the...

Published 07 Oct, 2023 06:01am

Climate change losses: Global community urged to compensate Pakistan

ISLAMABAD: Speakers at a seminar urging the global community to compensate Pakistan’s environmental damages caused...

Published 07 Oct, 2023 06:01am

PTI urges CJP to take notice of ‘unlawful actions’ aimed at keeping IK away from polls

ISLAMABAD: Pakistan Tehreek-e-Insaf’s core committee on Friday urged Chief Justice of Pakistan Qazi Faez Isa to...

Published 07 Oct, 2023 06:01am

Model Town case: ATC adjourns proceedings for final arguments to 18th

LAHORE: An Anti-Terrorism Court (ATC) on Friday adjourned the proceedings to October 18 for final arguments on...

Published 07 Oct, 2023 06:01am

Rates

PSX closes on positive note

KARACHI: Pakistan Stock Exchange managed to close on positive note on the fifth consecutive session on the back of...

Published 07 Oct, 2023 06:01am

Cotton & Textile

Declining prices encourage mills to buy quality cotton

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Friday decreased the spot rate by Rs 5,00...

Published 07 Oct, 2023 06:01am

Commodities

Edible oil: Centre, Punjab discuss plans aimed at reducing import expenditure

LAHORE: An important meeting of both the federation and the Punjab province held on Friday to focus on strategies to...

Published 07 Oct, 2023 06:01am

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 07 Oct, 2023 06:01am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (October 06, 2023). ========================== KIBOR...

Published 07 Oct, 2023 06:01am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (October ...

Published 07 Oct, 2023 06:01am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (October 06, 2023). ======================== Open Bid ...

Published 07 Oct, 2023 06:01am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (October 06, 2023)....

Published 07 Oct, 2023 06:01am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (October 06, 2023). ==================================== BR...

Published 07 Oct, 2023 06:01am

Money & Banking

Asian FX set to post weekly declines

BENGALURU: Emerging Asian currencies were set to post weekly declines on Friday on the greenback’s strength as...

Published 07 Oct, 2023 06:01am

IK’s applications: IHC verdict expected in two to three days

ISLAMABAD: The Islamabad High Court (IHC) Friday hinted at announcing its reserved verdict within two to three days...

Updated 07 Oct, 2023 09:15am

FPCCI concerned at continued implementation of upfront payment system

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has reiterated his profound and long-standing concerns vis-a-vis...

Published 07 Oct, 2023 06:01am

‘PTD to boost revenue through privatisation’

LAHORE: Punjab Transport Minister Ibrahim Murad has announced that the Punjab Transport department aims to boost its...

Published 07 Oct, 2023 06:01am

Collection of sales info at business points: Punjab govt introduces latest technique of video vigilance

LAHORE: Punjab government has introduced latest technique of video vigilance to collect sales information at ...

Published 07 Oct, 2023 06:01am

Industry

Biggest carpet event of the year: “39th Pakistan International Carpet Exhibition” showcases thriving industry potential

LAHORE: The 39thPakistan International Carpet Exhibition, organized by the Pakistan Carpet Manufacturers and...

Published 07 Oct, 2023 06:01am

Senator Mandviwalla underlines importance of Charter of Economy

FAISALABAD: Economic crisis has further enhanced the importance of Charter of Economy (CoE) as Pakistan People's...

Published 07 Oct, 2023 06:01am

US logs fastest hiring pace in months

WASHINGTON: US employers stepped up their hiring pace unexpectedly in September while unemployment held steady,...

Published 07 Oct, 2023 06:01am

Crackdown on smuggling

EDITORIAL: The most recent scare about the economy, especially how complying with IMF conditions, inflated utility...

Published 07 Oct, 2023 06:01am

High interest rate environment

EDITORIAL: It seems the Fed-led hawkish interest rate cycle that started last March and battered tech stocks across...

Published 07 Oct, 2023 06:01am

July-August 2022-23: Exports to China soar 5.16pc to $350.297m YoY: SBP

ISLAMABAD: Pakistan’s exports of goods and services to China witnessed an increase of 5.16 percent during the ...

Published 07 Oct, 2023 06:01am

Industry

LCCI commends European Parliament for extending GSP status

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) commends the unanimous decision of the European ...

Published 07 Oct, 2023 06:01am

Industry

ABAD appreciates efforts of Sindh housing minister

KARACHI: The Association of Builders and Developers of Pakistan (ABAD) has expressed its appreciation for the...

Published 07 Oct, 2023 06:01am

Central Corporate Governance Portal to be launched by PICG and CDC

KARACHI: The Pakistan Institute and Corporate Governance (PICG) and Central Depository Company (CDC) are launching a...

Published 07 Oct, 2023 06:01am

Nano loan app ban spree must not undermine micro-lending system: experts

ISLAMABAD: Experts have stressed that the illegal nano loan app ban spree must not undermine the importance of...

Published 07 Oct, 2023 06:01am

Money & Banking

Australia, NZ dollars in holding pattern ahead of US payrolls data

SYDNEY: The Australian and New Zealand dollars were marking time ahead of the all-important US non-farm payrolls ...

Published 07 Oct, 2023 06:01am

Money & Banking

US dollar set for 12th weekly gain after blowout jobs number

NEW YORK: The dollar gained on Friday, headed for a 12th straight week of gains, after a blockbuster US jobs report...

Published 07 Oct, 2023 06:01am

Fresh medical report submitted to LHC: ‘Nawaz still feels chest pains’

LAHORE: A fresh medical report on health of Mian Muhammad Nawaz Sharif, who is scheduled to return to Pakistan on...

Updated 07 Oct, 2023 09:04am

Import of used cars: Surge causing adverse impact on local auto sector

KARACHI: Over 6,000 used cars have been imported during the last financial year, giving a significant blow to the...

Updated 07 Oct, 2023 09:51am

LHC links all new uplift schemes to its approval

LAHORE: The Lahore High Court (LHC) on Friday linked all new development projects in the provincial metropolis with...

Updated 07 Oct, 2023 10:03am

Experts say super tax based on discrimination

LAHORE: The imposition of super tax is hit by the principle of past and closed transaction, as no tax can...

Updated 07 Oct, 2023 09:52am

Hydel power projects in KP: KOEN accuses Nepra of delaying feasibility stage tariff

ISLAMABAD: Koran firm, Korea South-East Power Company (KOEN) has accused National Electric Power Regulatory(Nepra),...

Updated 07 Oct, 2023 10:00am

SPI inflation up 0.11pc WoW

ISLAMABAD: The Sensitive Price Index (SPI) based inflation for the week ended October 5, increased by 0.11 per cent...

Published 07 Oct, 2023 06:01am

Stuck projects or those under arbitration: SIFC seeks information from govts

Several international and local investors from different sectors are approaching SIFC Secretariat for resolution of their procedural and regulatory issues

Updated 07 Oct, 2023 05:40pm

Documentation of economy: Promulgation of crucial ordinance delayed

ISLAMABAD: The caretaker government has delayed the promulgation of an Ordinance for the integration of data of all...

Updated 07 Oct, 2023 05:40pm

Africa to get ‘stronger voice’ at IMF: Georgieva

Abidjan: Sub-Saharan Africa will have a “stronger voice” at the International Monetary Fund as it will get a...

Published 07 Oct, 2023 06:01am

Spectrum of illegal activities: Actions to continue with full force: COAS

KARACHI: Chief of Army Staff (COAS), General Syed Asim Munir on Friday said the law enforcement agencies (LEAs) and...

Updated 07 Oct, 2023 05:40pm

Cos producing power from generators: SC reserves judgement in levy of electricity duty case

ISLAMABAD: The Supreme Court reserved judgment in the levy of electricity duty on the companies which produce power...

Updated 07 Oct, 2023 09:55am

COPHC chairman told: Govt committed to fast-tracking CPEC projects

ISLAMABAD: Minister for Planning, Development and Special Initiatives Sami Saeed Friday said Pakistan is committed...

Updated 07 Oct, 2023 09:14am

Companies

MAP’s ‘38th Corporate Excellence Awards’ held in Karachi

KARACHI: The Management Association of Pakistan (MAP) organized the 38th Corporate Excellence Awards (CEA) Ceremony...

Published 07 Oct, 2023 06:01am

Companies

MoU signed between SSGC-AE and Green Waste Energy (Pvt.) Limited

KARACHI: SSGC Alternate Energy (Pvt.) Limited (SSGC-AE) and Green Waste Energy (Pvt.) Limited have entered into a...

Published 07 Oct, 2023 06:01am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	282.17
USD PKR Interbank Buying / May 23	281.97
USD to Japanese Yen / May 23	142.56
USD to Swiss Franc / May 23	0.82
Pound Sterling to USD / May 23	1.35
Euro to USD / May 23	1.14
UK LIBOR % / May 23	4.96

Stock	Volume
S&P 500 / May 23	5,802.82
India Sensex / May 23	81,721.08
Tokyo Nikkei / May 23	37,160.47
Nasdaq / May 23	18,737.21
Hang Seng / May 23	23,601.26
FTSE 100 / May 23	8,717.97
Dow Jones / May 23	41,603.07
Germany DAX 30 / May 23	23,629.58
France CAC40 / May 23	7,734.40

Item	Value
Crude Oil USD/Barrel / May 23	61.53
Karachi Cotton PKR/37.32 KG / May 23	16,985
Gold 10 Grams PKR / May 23	300,925
Gold Spot USD/Ounce / May 23	3,357.51
Cotton US¢/pound / May 23	66.11
Petrol/Litre / May 24	252.63
Diesel/Litre / May 24	254.64

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / May 23 Askari Life Assurance Company Limited(ALAC)	5.84 ▲ 1 (20.66%)
Pak. P.V.C. / May 23 Pakistan PVC Limited(PPVC)	8.32 ▲ 1 (13.66%)
Apna Microfin. / May 23 Apna Microfinance Bank Limited(AMBL)	9.78 ▲ 0.99 (11.26%)
First Dawood Prop. / May 23 First Dawood Properties Limited(FDPL)	2.50 ▲ 0.25 (11.11%)
Sally Textile / May 23 Sally Textile Mills Limited(SLYT)	11.17 ▲ 1.02 (10.05%)
AKD Securities / May 23 AKD Securities Limited(AKDSL)	26.03 ▲ 2.37 (10.02%)
Shadab Textile / May 23 Shadab Textile Mills Limited(SHDT)	35.29 ▲ 3.21 (10.01%)
AKD Hospitality / May 23 AKD Hospitality Limited(AKDHL)	213 ▲ 19.36 (10%)
Kohinoor Mills / May 23 Kohinoor Mills Limited(KML)	38.72 ▲ 3.52 (10%)
Prosperity Weav / May 23 Prosperity Weaving Mills Limited(PRWM)	41.25 ▲ 3.75 (10%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	7.56 ▼ -0.84 (-10%)
Hala Enterprise / May 23 Hala Enterprises Limited(HAEL)	18.19 ▼ -2.02 (-10%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	15.53 ▼ -1.72 (-9.97%)
I.C.C. Ind. / May 23 ICC Industries Limited(ICCI)	10.21 ▼ -1.13 (-9.96%)
Mandviwala / May 23 Mandviwala Mauser Plastic Industries(MWMP)	15.88 ▼ -1.62 (-9.26%)
Sana Ind / May 23 Sana Industries Limited(SNAI)	24.59 ▼ -2.4 (-8.89%)
First Tri-Star Mod. / May 23 First Tri-Star Modaraba(FTSM)	12.29 ▼ -1.13 (-8.42%)
National Silk / May 23 The National Silk & Rayon Mills Limited(NSRM)	42.65 ▼ -3.89 (-8.36%)
Tandlianwala Sugar / May 23 Tandlianwala Sugar Mills Limited(TSML)	146.67 ▼ -13.11 (-8.21%)
GOC (Pak) / May 23 GOC (Pak) Limited.(GOC)	67.79 ▼ -5.93 (-8.04%)

Stock	Volume
Big Bird Foods / May 23 Big Bird Foods Limited(BBFL)	32,684,444 ▲ 2.09
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	19,363,270 ▼ -0.02
Descon Oxychem / May 23 Descon Oxychem Limited(DOL)	16,054,565 ▲ 2.28
At-Tahur Ltd. / May 23 At-Tahur Limited(PREMA)	13,455,241 ▲ 0.68
Ghani Global Holding / May 23 Ghani Global Holdings Limited(GGL)	11,330,395 ▼ -1.04
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	10,229,271 ▲ 0.45
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	10,030,569 ▲ 0.01
Frieslandcampina / May 23 Frieslandcampina Engro Pakistan Limited(FCEPL)	9,282,883 ▲ 6.11
Kohinoor Spining / May 23 Kohinoor Spinning Mills Limited(KOSM)	9,202,316 ▼ -0.28
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	8,835,014 ▲ 0.14

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