News Archives for Print - 2023-12-23

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Print - 2023-12-23

US starts targeting banks that help Russian war in Ukraine

WASHINGTON: The United States said Friday it will impose sanctions on foreign banks that support Russia’s war in...

Published 23 Dec, 2023 06:16am

LHC informed: 14 cases registered against Hammad Azhar

LAHORE: As many as 14 cases were registered against former federal minister Hammad Azhar. This was told to the...

Published 23 Dec, 2023 06:16am

Anti-power theft drive continues: KE

KARACHI: The use of kundas not only bypasses safety protocols for infrastructure installed by utilities, it also...

Published 23 Dec, 2023 06:16am

CM inaugurates Captain Colonel Sher Khan Shaheed flyover

LAHORE: Inaugurating the Captain Colonel Sher Khan Shaheed flyover, here on Defence Turn on Friday, the caretaker...

Published 23 Dec, 2023 06:16am

CM pays surprise visit of Children's hospital

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi Friday paid a surprise visit to Children's Hospital where...

Published 23 Dec, 2023 06:16am

Cold & dry weather expected today

KARACHI: The country most parts are expected to experience mainly cold and dry weather on Saturday, the Met Office...

Published 23 Dec, 2023 06:16am

FM Jilani visits Kuwaiti Embassy

ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani visited the Kuwaiti Embassy in Islamabad to offer...

Published 23 Dec, 2023 06:16am

Sculptures of Mao, Jinnah unveiled

BEIJING: In an elegant and well attended ceremony at Pakistan Embassy in Beijing, Ambassador Khalil Hashmi unveiled...

Published 23 Dec, 2023 06:16am

Senate meeting after seven years to explore journey of LUMHS: VC

HYDERABAD: The Vice Chancellor LUMHS, Prof. Ikram Din Ujjan expressed that the long awaited Senate meeting after a...

Published 23 Dec, 2023 06:16am

Strike in many Balochistan cities

QUETTA: On the call of Baloch Yekjehti Committee (BYC), a shutter-down strike in different cities of Balochistan was...

Published 23 Dec, 2023 06:16am

The Weather

KARACHI: The weather report on Friday (December 22, 2023) and the forecast for Saturday (December 23, 2023)...

Published 23 Dec, 2023 06:16am

Discussion titled ‘COP28: an analytical view’ organised by CSP ISSI, CSCCC

ISLAMABAD: Speakers at a round table discussion termed the COP28 as a crucial stage for discussions on a key subject...

Published 23 Dec, 2023 06:16am

Eighteen Friday signs agreement with ECHO

ISLAMABAD: Eighteen Friday signed an agreement with ECHO, an initiative by Mehar Oil and Gas Private Limited, to...

Published 23 Dec, 2023 06:16am

Federal Urdu University: Senate body concerned at ‘precarious’ state of affairs

ISLAMABAD: The Senate Standing Committee on Federal Education and Professional Training expressed reservations about...

Published 23 Dec, 2023 06:16am

War pushing Gaza to famine, UN warns

GAZA STRIP, (Palestinian Territories): The Israel-Hamas war is pushing Gaza towards famine, the United Nations ...

Published 23 Dec, 2023 06:16am

Red Sea attacks hit global trade

OSLO/PARIS: Maersk and CMA CGM, two of the world’s largest shipping firms, will impose extra charges after ...

Published 23 Dec, 2023 06:16am

Suspected ‘human trafficking’: France grounds plane carrying 300 Indians

VATRY, (France): A Nicaragua-bound plane carrying more than 300 Indian passengers has been grounded in France over...

Published 23 Dec, 2023 06:16am

Audit report 2022: clarification by PCB

LAHORE: A spokesman of the Pakistan Cricket Board (PCB) has issued clarification regarding an impression created in...

Published 23 Dec, 2023 06:16am

Climate-resilient houses in Balochistan: OGDCL joins hands with HANDS

ISLAMABAD: In continuation of its strategic collaboration for uplifting the local community, the Oil and Gas...

Published 23 Dec, 2023 06:16am

Unity, tolerance, brotherhood can help overcome challenges: governor

LAHORE: Punjab Governor Muhammad Balighur Rehman said on Friday that the challenges faced by the country can be...

Published 23 Dec, 2023 06:16am

‘Illegal’ Nikkah case: Court writes letter to IHC registrar to conduct trial of IK, Bushra Bibi in jail

ISLAMABAD: A local court on Friday wrote a letter to the registrar of Islamabad High Court (IHC) for conducting a...

Published 23 Dec, 2023 06:16am

Nestlé Pakistan extends Rs5m to PRCS

LAHORE: Nestlé Pakistan extended corporate contribution worth Rs 5 million, as part of its philosophy of Creating...

Published 23 Dec, 2023 06:16am

General elections will be held as per schedule: govt

ISLAMABAD: Caretaker Federal Minister for Information, Broadcasting and Parliamentary Affairs Murtaza Solangi on...

Published 23 Dec, 2023 06:16am

Rs16.8bn approved for Karachi water supply schemes

KARACHI: Caretaker Sindh Chief Minister Justice Maqbool Baqar approved Rs16.8 billion in development schemes for...

Published 23 Dec, 2023 06:16am

Letters

Has chief election commissioner erred?

What has warranted the Election Commission of Pakistan (ECP) to voice its full support to the Chief Election...

Published 23 Dec, 2023 06:16am

The saga of elections

Elections are just round the corner. The famous English proverb says that “There is many a slip between the cup ...

Updated 23 Dec, 2023 07:07am

Govt’s quest for FDI: the way forward

Foreign direct investment (FDI) has been crucial in supporting developing economies to participate in global trade ...

Updated 23 Dec, 2023 07:06am

Christmas: LHC allows keeping markets, shopping malls open till midnight

LAHORE: The Lahore High Court on Friday allowed to keep markets and shopping malls open on the occasion of Christmas...

Published 23 Dec, 2023 06:16am

PARTLY FACETIOUS: The Baloch protesters in Islamabad

“There have been many butchers in history…”“Hey, if you are referring to the treatment meted out to the...

Published 23 Dec, 2023 06:16am

PML(N)-IPP seat adjustment plan hangs in the balance

LAHORE: The possibility of alliance or seat adjustment between Pakistan Muslim League-Nawaz (PML-N) and Istehkam...

Published 23 Dec, 2023 06:16am

PTI lawyer terms meeting with ECP officials ‘fruitful’

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) said on Friday that the Election Commission of Pakistan (ECP) had assured...

Published 23 Dec, 2023 06:16am

General elections 2024: KP cabinet vows to provide a level playing field to parties

PESHAWAR: The KP cabinet has reiterated its commitment to provide a level playing field to all political parties and...

Published 23 Dec, 2023 06:16am

Election campaign: PPP urges CEC to place restrictions on LGs’ mayors, chairmen, nazims

ISLAMABAD: Pakistan People’s Party (PPP) has written a letter to Chief Election Commissioner (CEC) Sikandar Sultan...

Published 23 Dec, 2023 06:16am

Sustainable agri practices, other goals: CABI, CropLife Pakistan join hands

LAHORE: The CAB International (CABI), an inter-governmental international organization on agricultural research and...

Published 23 Dec, 2023 06:16am

Student avails payment of annual fee by insurance company

LAHORE: A medical student has availed payment of the annual fee by the insurance company after the failure of her...

Published 23 Dec, 2023 06:16am

Cypher case: IK, Qureshi granted post-arrest bails

ISLAMABAD: The Supreme Court granted post-arrest bails to former chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan...

Published 23 Dec, 2023 06:16am

ECP decides against letting PTI retain ‘bat’ symbol

ISLAMABAD: Shortly after assuring the Pakistan Tehreek-e-Insaf (PTI) of a level playing field in the upcoming ...

Published 23 Dec, 2023 06:16am

PTI assails ECP decision

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Friday strongly reacted to Election Commission of Pakistan’s (ECP)...

Published 23 Dec, 2023 06:16am

ECP extends nomination deadline to Sunday

ISLAMABAD: The Election Commission of Pakistan (ECP) has extended the date for the submission of nominations for...

Published 23 Dec, 2023 06:16am

Rates

Stock market recoils

KARACHI: Pakistan Stock Exchange on Friday witnessed a bearish trend and closed in deep red due to heavy selling...

Published 23 Dec, 2023 06:16am

‘Ethiopian Tourism Desk’ opened

KARACHI: Governor of Sindh Muhammad Kamran Khan Tessori and Ambassador of Ethiopia to Pakistan Jemal Beker Abdula...

Published 23 Dec, 2023 06:16am

JI’s Hafiz Naeem files nomination papers

KARACHI: Chief of Jamaat-e-Islami (JI) Karachi chapter Hafiz Naeemur Rehman on Friday filed his nomination papers ...

Published 23 Dec, 2023 06:16am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (December 22, 2023). ==================================== BR...

Published 23 Dec, 2023 06:16am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (December 22, 2023)....

Published 23 Dec, 2023 06:16am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (December 22, 2023). ========================== KIBOR...

Published 23 Dec, 2023 06:16am

HRCP condemns crackdown on Baloch protesters

LAHORE: The Human Rights Commission of Pakistan (HRCP) on Friday strongly condemned the violent crackdown on Baloch...

Published 23 Dec, 2023 06:16am

Police deny nomination paper snatching incident

LAHORE: The Lahore High Court on Friday disposed of a petition by the father of a PTI ticket aspirant Umair Khan...

Published 23 Dec, 2023 06:16am

Stocks

Tokyo stocks close slightly higher

TOKYO: Tokyo stocks trimmed early gains and closed only marginally higher on Friday as markets overseas move into ...

Published 23 Dec, 2023 06:16am

Stocks

Indian stocks snap longest weekly winning run in six years

BENGALURU: India’s stock benchmarks advanced on Friday, paring weekly losses while ending their longest weekly...

Published 23 Dec, 2023 06:16am

Stocks

HK shares tumble as gaming rules dent sentiment

SHANGHAI: Hong Kong shares slumped on Friday, erasing gains from early trade, as China’s new rules to curb ...

Published 23 Dec, 2023 06:16am

Stocks

European shares end slightly higher ahead of holiday

PARIS: European stocks closed with a whimper on Friday, as softer-than-expected US inflation data offset losses in...

Published 23 Dec, 2023 06:16am

Stocks

Wall St rises after soft inflation data

NEW YORK: Wall Street’s main indexes gained on Friday after a key inflation reading came in softer than expected,...

Published 23 Dec, 2023 06:16am

Cotton & Textile

Cotton market remains dull

LAHORE: The trading in the local market on Friday remained dull. Cotton analyst, Naseem Usman while talking to...

Published 23 Dec, 2023 06:16am

Baloch women protesters: ‘Persons responsible for forceful transportation should be accounted for’

ISLAMABAD: The Islamabad High Court (IHC), Friday, directed the police authorities that the persons responsible for...

Updated 23 Dec, 2023 12:42pm

Money & Banking

China’s yuan slips

SHANGHAI: China’s yuan slipped against the dollar on Friday, dragged lower by expectations of a further widening ...

Published 23 Dec, 2023 06:16am

Money & Banking

Asian currencies set for weekly gains on Fed rate-cut optimism

BENGALURU: Most emerging Asian currencies were poised for weekly gains on Friday, with the Malaysian ringgit and the...

Published 23 Dec, 2023 06:16am

‘Ghazi Economic Zone’ launched commercially

PESHAWAR: Ghazi Economic Zone was formally launched on commercial basis with the laying of foundation stone of two...

Published 23 Dec, 2023 06:16am

Issues facing textile export industry: PTEA seeks govt’s immediate intervention

FAISALABAD: Pakistan Textile Exporters Association (PTEA) has sought government’s immediate intervention as ...

Published 23 Dec, 2023 06:16am

Money & Banking

Meezan Bank holds its 63rd Shariah Board meeting

KARACHI: The 63rd meeting of Meezan Bank’s Shariah Board was recently held at Darul Uloom, Karachi under the...

Published 23 Dec, 2023 06:16am

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 23 Dec, 2023 06:16am

Forex

Open market rates of foreign currencies

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

Published 23 Dec, 2023 06:16am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (December 22, 2023). ======================== Open Bid...

Published 23 Dec, 2023 06:16am

Money & Banking

Meezan Bank, PAFLA join hands to empower freelance community

KARACHI: Meezan Bank, Pakistan’s leading Islamic bank has recently signed a Memorandum of Understanding (MoU) with...

Published 23 Dec, 2023 06:16am

Energy

MD SSGC reiterates Company’s customer-centric approach

KARACHI: Imran Maniar, Managing Director, Sui Southern Gas Company (SSGC) has reiterated Company’s commitment...

Published 23 Dec, 2023 06:16am

Commodities

Gold prices surge

KARACHI: Gold prices on Friday regained a huge momentum on the local market but silver stood unchanged, trades ...

Published 23 Dec, 2023 06:16am

Expert for achieving sustainable agri & food security

ISLAMABAD: Agriculture expert underscored the need for looking at possible actions which can help the country ...

Published 23 Dec, 2023 06:16am

Costly electricity termed punishment for industry

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

Published 23 Dec, 2023 06:16am

‘Education, not guns’

EDITORIAL: The surrender of BNA (Baloch National Army) ‘commander’ Sarfraz Bungulzai, along with 70...

Published 23 Dec, 2023 06:16am

Theft of FBR tax revenue

EDITORIAL: Is it really a surprise that FBR’s “first-ever electronic tax audit of immovable property” has...

Published 23 Dec, 2023 06:16am

Energy

Up to 10.11pc increase in price of RLNG for Dec 2023

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Friday notified a raise in the price of RLNG up to 10.11...

Published 23 Dec, 2023 06:16am

At least 5 labourers shot down at South Waziristan PS

SOUTH WAZIRISTAN: At least five labourers were killed after unidentified assailants attacked an under-construction...

Updated 23 Dec, 2023 09:06am

Baloch protesters: EU envoy concerned over mishandling

ISLAMABAD: European Union Ambassador to Pakistan, Riina Kionka, on Friday, expressed “deep” concerns over the...

Updated 23 Dec, 2023 12:11pm

Vietnam, other origins: Customs’ values on import of cashew nuts revised

ISLAMABAD: Directorate General of Customs Valuation, Karachi has revised Customs values on the import of cashew nuts...

Updated 23 Dec, 2023 09:43am

Baloch protesters: President, PM discuss ‘police excesses’

ISLAMABAD: President Dr Arif Alvi and Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday held a telephonic...

Updated 23 Dec, 2023 09:42am

PSM revival: Senate body asks govt to take ‘practical’ steps

ISLAMABAD: The Senate Standing Committee on Industries and Production, Friday, while expressing serious concerns...

Updated 23 Dec, 2023 12:26pm

SPI-based weekly inflation soars 42.60pc YoY

ISLAMABAD: The Sensitive Price Index-based inflation for the week ended 21st December 2023, increased by 42.60...

Updated 23 Dec, 2023 12:41pm

Open market: SBP unveils new exchange rate mechanism

KARACHI: In order to ensure transparency and credibility to the process of compiling open market exchange rate, the...

Updated 23 Dec, 2023 02:50pm

Political parties, including PTI: SC asks ECP to ensure a level playing field

ISLAMABAD: The Supreme Court has directed the Election Commission of Pakistan (ECP) to ensure that all political...

Updated 23 Dec, 2023 05:26pm

Valuation of immovable properties: FTO directs FBR to hire competent, experienced valuers

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to hire competent and...

Updated 23 Dec, 2023 07:42pm

WHT transactions: FBR implements new documentation system

Directs withholding agents to install and integrate fiscal electronic devices and softwares for carrying out any transactions liable to withholding tax

Updated 23 Dec, 2023 07:43pm

Money & Banking

Dollar at 5-month low after US inflation cools in Nov

NEW YORK: The dollar fell against a basket of currencies on Friday, hitting a near five-month low as data showed...

Published 23 Dec, 2023 06:16am

Money & Banking

BOP conducts first transaction under EXIM Bank’s export finance facility

ISLAMABAD: The Bank of Punjab (BOP) becomes the first bank to execute a transaction for Export Import Bank of...

Published 23 Dec, 2023 06:16am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 8	284.42
USD PKR Interbank Buying / Jul 8	284.22
USD to Japanese Yen / Jul 9	146.94
USD to Swiss Franc / Jul 9	0.80
Pound Sterling to USD / Jul 9	1.36
Euro to USD / Jul 9	1.17
UK LIBOR % / Jul 8	4.96

Stock	Volume
S&P 500 / Jul 8	6,225.52
Nasdaq / Jul 8	20,418.46
FTSE 100 / Jul 8	8,854.18
Dow Jones / Jul 8	44,240.76
Germany DAX 30 / Jul 8	24,206.91
France CAC40 / Jul 8	7,766.71
India Sensex / Jul 9	83,757.09
Tokyo Nikkei / Jul 9	39,795.58
Hang Seng / Jul 9	23,834.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 8	16,585
Gold 10 Grams PKR / Jul 8	303,926
Petrol/Litre / Jul 9	266.79
Crude Oil USD/Barrel / Jul 9	68.13
Gold Spot USD/Ounce / Jul 9	3,290.62
Diesel/Litre / Jul 9	272.98
Cotton US¢/pound / Jul 9	67.40

Gainers
Losers
Leaders

Stock	Price
Parmount Sp. / Jul 9 Paramount Spinning Mills Limited(PASM)	5.93 ▲ 0.77 (14.92%)
TPL Trakker Ltd / Jul 9 TPL Trakker Limited(TPLT)	9.02 ▲ 1 (12.47%)
Gulshan Sp. / Jul 9 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.49 (12.22%)
Trust Mod. / Jul 9 Trust Modaraba(TRSM)	9.72 ▲ 1 (11.47%)
D.S. Ind. Ltd. / Jul 9 D.S. Industries Limited(DSIL)	6.85 ▲ 0.69 (11.2%)
Habib Ins. / Jul 9 Habib Insurance Company Limited(HICL)	10.47 ▲ 1 (10.56%)
Kohinoor Energy / Jul 9 Kohinoor Energy Limited(KOHE)	21.18 ▲ 1.93 (10.03%)
First Treet Manuf / Jul 9 First Treet Manufacturing Modaraba(FTMM)	19.43 ▲ 1.77 (10.02%)
Kohinoor Mills / Jul 9 Kohinoor Mills Limited(KML)	82.01 ▲ 7.46 (10.01%)
Shadman Cotton / Jul 9 Shadman Cotton Mills Limited(SHCM)	53.37 ▲ 4.85 (10%)

Stock	Price
Alfalah ETF. / Jul 9 Alfalah Consumer Index ETF.(ACIETF)	16 ▼ -1.65 (-9.35%)
Ideal Spinning / Jul 9 Ideal Spinning Mills Limited(IDSM)	28 ▼ -2.6 (-8.5%)
Apna Microfin. / Jul 9 Apna Microfinance Bank Limited(AMBL)	14.07 ▼ -1.22 (-7.98%)
Hala Enterprise / Jul 9 Hala Enterprises Limited(HAEL)	25.20 ▼ -1.72 (-6.39%)
LSE Capital / Jul 9 LSE Capital Limited(LSECL)	6 ▼ -0.3 (-4.76%)
Aruj Industries / Jul 9 Aruj Industries Limited(ARUJ)	10.90 ▼ -0.54 (-4.72%)
Mehran Sugar / Jul 9 Mehran Sugar Mills Limited(MRNS)	54.52 ▼ -2.52 (-4.42%)
Escorts Bank / Jul 9 Escorts Investment Bank Limited(ESBL)	7.36 ▼ -0.32 (-4.17%)
Tri-Star Power / Jul 9 Tri-Star Power Limited(TSPL)	7.22 ▼ -0.3 (-3.99%)
Pak Synthetics / Jul 9 Pakistan Synthetics Limited(PSYL)	68 ▼ -2.82 (-3.98%)

Stock	Volume
TPL Properties / Jul 9 TPL Properties Limited(TPLP)	48,136,613 ▲ 0.23
Kohinoor Spining / Jul 9 Kohinoor Spinning Mills Limited(KOSM)	38,520,134 ▲ 0.24
Treet Battery / Jul 9 Treet Battery Limited(TBL)	24,507,709 ▲ 1.18
Hascol Petrol / Jul 9 Hascol Petroleum Limited(HASCOL)	21,692,238 ▲ 0.17
Dewan Cement / Jul 9 Dewan Cement Limited(DCL)	18,138,342 ▲ 0.89
Treet Corp / Jul 9 Treet Corporation Limited(TREET)	13,109,254 ▲ 0.69
WorldCall Telecom / Jul 9 Worldcall Telecom Limited(WTL)	12,814,573 ▼ -0.02
Telecard Limited / Jul 9 Telecard Limited(TELE)	10,634,197 ▼ -0.07
PIA Holding Co.Ltd / Jul 9 PIA Holding Company Limited(PIAHCLA)	10,490,365 ▲ 1.23
Sui South Gas / Jul 9 Sui Southern Gas Company Limited(SSGC)	10,106,819 ▼ -0.74

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