News Archives for Print - 2023-10-19

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Print - 2023-10-19

Protest across Muslim world

BEIRUT: Thousands rallied across the Arab and Muslim world on Wednesday to protest the deaths of hundreds of people...

Updated 19 Oct, 2023 06:07am

US vetoes UNSC resolution seeking pauses in conflict

UNITED NATIONS: The United States vetoed a United Nations Security Council resolution on Wednesday that would have...

Published 19 Oct, 2023 05:10am

Russian lawmakers vote to scrap ratification of CTBT

MOSCOW: Russia’s parliament moved swiftly to fulfil the wish of President Vladimir Putin by completing the passage...

Published 19 Oct, 2023 05:10am

Bahria Town case: SC issues notices to persons from whom money was received

ISLAMABAD: The Supreme Court issued notices to the persons from where money was received in account regarding ...

Published 19 Oct, 2023 05:10am

Companies

Pakistani companies at GITEX ‘hungry for growth’: Systems Limited CEO

DUBAI: Pakistan is one of the “fastest growing hidden treasures in IT” and its companies, including those exhibiting...

Published 19 Oct, 2023 05:10am

PIA grounds dozens of flights over fuel bills

ISLAMABAD: Country’s embattled national airline carrier this week cancelled dozens of domestic and international...

Published 19 Oct, 2023 05:10am

Clarification

ISLAMABAD: This refers to the news item published in your esteemed newspaper dated 05.10.23 regarding M/s. Saudi Pak...

Published 19 Oct, 2023 05:10am

Pakistan, US extend accord on S&T cooperation till 2028

ISLAMABAD: Pakistan and the United States have extended the agreement on science and technology cooperation between...

Published 19 Oct, 2023 05:10am

Tahir Javed greeted on being made SAPM

ISLAMABAD: Congressman AI Green and esteemed colleagues, Rep Ilhan Omar and Rep Hank Johnson, a congressman and...

Published 19 Oct, 2023 05:10am

Intra-party polls: PTI seeks written order from ECP

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has moved the poll entity for the issuance of written order in the case...

Published 19 Oct, 2023 05:10am

PTI criticises ECP’s decision for non-allocation of election symbol

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Wednesday said that the party had held intra-party elections in June...

Published 19 Oct, 2023 05:10am

PPP pays tribute to victims of Karsaz incident

ISLAMABAD: Pakistan People’s Party (PPP) paid tribute to the victims of Karsaz incident across the country and...

Published 19 Oct, 2023 05:10am

PM urges UN to play role in stopping Israel’s violence against Palestinians

BEIJING: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday urged the United Nations Secretary-General ...

Published 19 Oct, 2023 05:10am

Pakistan oppose treaty banning production of fissile material for nukes

UNITED NATIONS: Reaffirming its opposition to a treaty banning production of fissile material used as fuel for...

Published 19 Oct, 2023 05:10am

LHC rejects policy statements of PM, CM

LAHORE: The Lahore High Court on Wednesday rejected the policy statements of the caretaker Prime Minister and the...

Published 19 Oct, 2023 05:10am

LHC DB allows post-arrest bail to Khadija Shah

LAHORE: A division bench of the Lahore High Court on Wednesday allowed post-arrest bail to Khadija Shah grand...

Published 19 Oct, 2023 05:10am

Israeli war crimes: JI starts drive to file 10m petitions with UN

KARACHI: Jamaat-e-Islami (JI) Karachi Ameer Engr Hafiz Naeemur Rehman has announced that this party has initiated ...

Published 19 Oct, 2023 05:10am

Govt cannot give relief to people due to IMF sanctions: Mian Zahid

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and...

Published 19 Oct, 2023 05:10am

FM calls on global community to hold Israel accountable

ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani has called on the international community to hold Israel...

Published 19 Oct, 2023 05:10am

CDA auctions eight plots, fetches over Rs10.94bn in two days

ISLAMABAD: The Capital Development Authority (CDA) has auctioned eight plots and fetched more than Rs 10.94 billion...

Published 19 Oct, 2023 05:10am

The Weather

KARACHI: The weather report on Wednesday (October 18, 2023) and the forecast for Thursday (October 19, 2023)...

Published 19 Oct, 2023 05:10am

Ababeel Weapon System: Successful flight test conducted

ISLAMABAD: Pakistan, on Wednesday, conducted a successful flight test of Ababeel Weapon System. According to the...

Published 19 Oct, 2023 05:10am

Toshakhana case: protective bail plea filed

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Supremo and former premier Nawaz Sharif, on Wednesday, filed a...

Published 19 Oct, 2023 05:10am

Al-Azizia, Avenfield references: IHC issues notices to NAB on Nawaz’s protective bail pleas

ISLAMABAD: The Islamabad High Court (IHC), Wednesday, issued notices to the National Accountability Bureau (NAB) in...

Published 19 Oct, 2023 05:10am

‘Constitution, democracy and election process’ stalled for one person: Bilawal

KARACHI: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari on Wednesday demanded immediate elections ...

Published 19 Oct, 2023 05:10am

On tour and duty at Budapest: $261 daily allowance set for govt officials

ISLAMABAD: The federal government has set a daily allowance for officials while on tour and duty at Budapest, the...

Published 19 Oct, 2023 05:10am

Flood-hit areas in Sindh: Japan to provide $5.3m grant-in-aid for reconstructing educational facilities

ISLAMABAD: The Government of Japan has agreed to provide new grant assistance worth 794 million Japanese Yen...

Published 19 Oct, 2023 05:10am

PC-I for upgradation of IPH approved

LAHORE: The Specialized Healthcare and Medical Education Department has approved PC-I of Rs400 million for the...

Published 19 Oct, 2023 05:10am

Pakistan condemns Israeli attack on hospital

ISLAMABAD: Pakistan on Wednesday strongly condemned the Israeli attack on Al-Ahly Al-Mamadany Hospital in Gaza...

Published 19 Oct, 2023 05:10am

‘Walk the talk’, Palestinian diplomat tells Muslim Ummah

ISLAMABAD: A top Palestinian diplomat on Wednesday called upon the Muslim Ummah to go for “practical steps” on...

Published 19 Oct, 2023 05:10am

LHC seeks reply from ACE in Maneka’s bail plea

LAHORE: The Lahore High Court on Wednesday sought reply from the Anti-Corruption Establishment (ACE) by November 14...

Published 19 Oct, 2023 05:10am

ATC restores bail of Qureshi, seeks arguments on 20th

ISLAMABAD: An Anti-Terrorism Court (ATC) on Wednesday restored the bail of Pakistan Tehreek-e-Insaf (PTI)...

Published 19 Oct, 2023 05:10am

Court allows IK to speak to sons thru telephone

ISLAMABAD: The special court, set up to hear cases under the Official Secrets Act, on Wednesday granted permission ...

Published 19 Oct, 2023 05:10am

Capacity payments conundrum

The matter of increased capacity payments to power plants has sparked a heated controversy. In recent years, these...

Updated 19 Oct, 2023 05:34am

Letters

Caretaker setup likely to last longer

Caretaker prime minister, Anwaarul Haq Kakar has been hosted at the Great Hall of the People banquet by President Xi...

Published 19 Oct, 2023 05:10am

PARTLY FACETIOUS: PM’s moustache: is it the Charlie Chaplin moustache?

“What is with the moustache?” “Well let me tell you that in the previous century a moustache was a symbol of...

Published 19 Oct, 2023 05:10am

Stocks

Wall St falls as Mideast tensions drive risk-off mood

NEW YORK: Wall Street’s main indexes fell on Wednesday as growing tensions in the Middle East dented risk...

Published 19 Oct, 2023 05:10am

Stocks

European shares drop as Mideast fears weigh

PARIS: European shares fell on Wednesday, dragged by a drop in shares of chipmakers and British drugmaker...

Published 19 Oct, 2023 05:10am

Stocks

Financials lead slides in Indian shares

BENGALURU: Indian shares declined on Wednesday as Bajaj Finance led a slide in financials after disappointing ...

Published 19 Oct, 2023 05:10am

Stocks

China stocks fall as geopolitical fears offset stronger economic data

HONG KONG: Chinese stocks closed lower on Wednesday, as the widened US chip export ban heightened investor concerns...

Published 19 Oct, 2023 05:10am

Stocks

Tokyo stocks close slightly higher

TOKYO: Tokyo stocks ended flat Wednesday as investors weighed developments in the Middle East and US data that...

Published 19 Oct, 2023 05:10am

Rates

LME official prices

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

Published 19 Oct, 2023 05:10am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (October 18, 2023). ========================== KIBOR...

Published 19 Oct, 2023 05:10am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 18, 2023)....

Published 19 Oct, 2023 05:10am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (October 18, 2023). ==================================== ...

Published 19 Oct, 2023 05:10am

Rates

Equities extend losses

KARACHI: Pakistan Stock Exchange closed on a negative note on the second consecutive day as the investors opted to...

Published 19 Oct, 2023 05:10am

Q1 textile group exports down 9.95pc to $4.127bn YoY

ISLAMABAD: The country’s textile group exports declined by around 9.95 percent during the first quarter...

Updated 19 Oct, 2023 08:52am

ERS or STARR system: Taxpayers allowed to file non-export-related GST refunds

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed taxpayers to file non-export-related sales tax refunds,...

Updated 19 Oct, 2023 09:36am

KCR to be built by CRCC: Sindh CM

KARACHI: Karachi Circular Railway (KCR) will be built by China Railway Construction Corporation (CRCC) at a cost of...

Updated 19 Oct, 2023 09:07am

Cotton & Textile

Arrival of nearly 6m bales of cotton recorded at ginneries

MULTAN: Seed Cotton (Phutti) equivalent to near about six million (59,96,086) bales have reached ginning factories...

Published 19 Oct, 2023 05:10am

Grains

Punjab sets wheat production target for Kharif

LAHORE: The Punjab province, which produces about 76 per cent of country’s total wheat, has set a production ...

Published 19 Oct, 2023 05:10am

Energy

Q1FY24: Petroleum group imports post 28pc negative growth

ISLAMABAD: Petroleum group imports witnessed a negative growth of 28.03 percent during the first quarter...

Published 19 Oct, 2023 05:10am

Grains

Chicago wheat futures up

SINGAPORE/PARIS: Chicago wheat futures rose for the first time in three sessions on bargain buying on Wednesday ...

Published 19 Oct, 2023 05:10am

Commodities

Iron ore gains on better China data

BEIJING: Iron ore continued to rise on Wednesday, aided by improved Chinese economic data, although lower...

Published 19 Oct, 2023 05:10am

Commodities

Japanese rubber futures rise on China optimism, supply fears

SINGAPORE: Japanese rubber futures rose for an eighth consecutive session to an 18-month high on Wednesday, ...

Published 19 Oct, 2023 05:10am

Commodities

Gold advances as ME tensions spur safe-haven demand

BENGALURU: Gold rose to a more than two-month peak on Wednesday as the escalating conflict in the Middle East sent...

Published 19 Oct, 2023 05:10am

Commodities

Copper, other base metals rise

LONDON: Prices for copper and other base metals rose in London on Wednesday after better-than-expected economic data...

Published 19 Oct, 2023 05:10am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 181,500 tonnes of cargo comprising 134,993 tonnes of import cargo and 46,507...

Published 19 Oct, 2023 05:10am

Energy

Oil up on big US crude storage draw, Middle East tension

NEW YORK: Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected US storage draw and...

Published 19 Oct, 2023 05:10am

Commodities

PMEX daily trading report

KARACHI: On Tuesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 17.887...

Published 19 Oct, 2023 05:10am

Commodities

Malaysian palm oil higher

NEW DELHI: Malaysian palm oil futures edged higher on Wednesday due to rising exports, buoyant Chinese demand and...

Published 19 Oct, 2023 05:10am

Cotton & Textile

Steady trend seen on cotton market

LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained low. Cotton Analyst...

Published 19 Oct, 2023 05:10am

Energy

Cut in POL prices: Transporters reduce fares not as per expectations of the masses

ISLAMABAD: Following Rs 48 per litre reduction in petrol price and Rs 26 per litre in high-speed diesel (HSD) price...

Published 19 Oct, 2023 05:10am

Energy

Oil price cut aimed at to meet levy target?

ISLAMABAD: Petroleum Division announced a reduction in the price of petrol by Rs 40 per litre, a cut of 12 percent,...

Published 19 Oct, 2023 05:10am

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 19 Oct, 2023 05:10am

Forex

Open market rates of foreign currencies

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

Published 19 Oct, 2023 05:10am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (October 18, 2023). ======================== Open ...

Published 19 Oct, 2023 05:10am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (October 18, 2023)....

Published 19 Oct, 2023 05:10am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (October 18, 2023)...

Published 19 Oct, 2023 05:10am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (October 18, 2023). ======================================= ...

Published 19 Oct, 2023 05:10am

CPEC projects worth $25bn completed: PM

Says clean energy projects were expected to be completed in the next four to five years under the CPEC

Updated 19 Oct, 2023 09:51am

Petroleum sector: Pakistan, China sign MoU on $1.5bn investment

BEIJING: The United Energy Group of China and Pakistan Refinery Limited on Wednesday signed a Memorandum of...

Updated 19 Oct, 2023 09:35am

Goals of open global economy, connectivity: Pakistan committed to working with China, regional partners: PM

BEIJING: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday said Pakistan was committed to working with China...

Updated 19 Oct, 2023 09:09am

Pakistan, China agree to strengthen high-level engagement

BEIJING: Pakistan and China on Wednesday agreed to further strengthen high-level dialogue and engagement besides...

Updated 19 Oct, 2023 08:50am

50:50 sharing of expenditure on devolved functions: Ministries, provinces directed to finalise proposal

ISLAMABAD: The caretaker federal government has directed ministries of Finance, Planning and Special Initiatives,...

Updated 19 Oct, 2023 09:35am

Hiring of FAs for Reko Diq project: PMPL given relaxation of investment rules

ISLAMABAD: The federal government has extended special relaxation to Pakistan Minerals Private Limited (PMPL) of the...

Updated 19 Oct, 2023 09:08am

Evacuation of power from SEL plant, off-take by network: KE suggests joint study with NTDC thru private consultant

ISLAMABAD: K-Electric has proposed a joint study with National Transmission and Despatch Company (NTDC) through an...

Updated 19 Oct, 2023 08:52am

Qatar supplies gas to Europe, vying with US to replace Russia supply

DUBAI: Qatar has agreed to supply Shell in the Netherlands with gas for 27 years, the second such deal with a...

Published 19 Oct, 2023 05:10am

OIC condemns Israel’s backers

JEDDAH: The Executive Committee of the Organisation of Islamic Cooperation (OIC), in its extraordinary open-ended...

Updated 19 Oct, 2023 08:50am

Rise in LSM output

EDITORIAL: Pakistan Bureau of Statistics (PBS) released very encouraging data on large-scale manufacturing (LSM)...

Published 19 Oct, 2023 05:10am

Strike at Gaza hospital

EDITORIAL: World attention remains riveted at the horrendous scenes from the strike on the Gaza hospital with at...

Published 19 Oct, 2023 05:10am

Money & Banking

Dollar gains against euro, Middle East in focus

NEW YORK: The dollar rose against the euro on Wednesday before several Federal Reserve officials were due to speak...

Published 19 Oct, 2023 05:10am

Money & Banking

Australia, NZ dollars gain

SYDNEY: The Australian and New Zealand dollars edged higher on Wednesday after China’s third-quarter economic...

Published 19 Oct, 2023 05:10am

Money & Banking

Yuan leads rally in Asian currencies on China’s economic bounce

SINGAPORE: Asian currencies caught a boost from better-than-expected Chinese economic data on Wednesday, driving the...

Published 19 Oct, 2023 05:10am

Shell Pakistan announces financial results for Q3 2023

KARACHI: The Board of Directors of Shell Pakistan Limited (SPL) announced nine months results for the company on...

Published 19 Oct, 2023 05:10am

Taxes

Tax laws teaching: FTO office and COMSATS University ink MoU

ISLAMABAD: The Federal Tax Ombudsman (FTO) and COMSATS University, Islamabad, have signed a memorandum of...

Published 19 Oct, 2023 05:10am

Industry

SECP’s amendments: CDCSRSL conducts client awareness seminar

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has recently introduced the concept of ...

Published 19 Oct, 2023 05:10am

Industry

Alvi for boosting trade ties with Morocco

ISLAMABAD: President Dr Arif Alvi has called for increasing cooperation with Morocco in the fields of trade,...

Published 19 Oct, 2023 05:10am

Companies

NESPAK approves appointment of Zargham as MD

ISLAMABAD: The Board of Directors (BoD) of National Engineering Services Pak (NESPAK) has approved the appointment...

Published 19 Oct, 2023 05:10am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 7	278.32
USD PKR Interbank Buying / May 7	278.12
USD to Japanese Yen / May 7	155.24
USD to Swiss Franc / May 7	0.91
Pound Sterling to USD / May 7	1.25
Euro to USD / May 7	1.07

Stock	Volume
S&P 500 / May 7	5187.70
India Sensex / May 7	73511.85
Tokyo Nikkei / May 7	38342.76
Nasdaq / May 7	16332.56
Hang Seng / May 7	18549.73
FTSE 100 / May 7	8313.67
Dow Jones / May 7	38884.26
Germany DAX 30 / May 7	18430.05

Item	Value
Crude Oil USD/Barrel / May 7	78.06
Karachi Cotton PKR/37.32 KG / May 7	19935
Gold 10 Grams PKR / May 7	205761
Gold Spot USD/Ounce / May 7	2316.80
Cotton US¢/pound / May 7	77.68
Petrol/Litre / May 8	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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