News Archives for Print - 2024-01-06

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Print - 2024-01-06

Global food prices drop 13.7pc in 2023: FAO

PARIS: World food prices fell in 2023, with considerable declines for grains and oils as supply concerns eased, the...

Published 06 Jan, 2024 05:17am

The Weather

KARACHI: The weather report on Friday (January 05, 2024) and the forecast for Saturday (January 06 2024)...

Published 06 Jan, 2024 05:17am

JI to hold workers’ convention in Karachi

KARACHI: Jamaat-e-Islami (JI) on Friday announced a workers convention for January 7 in the city, as a public...

Published 06 Jan, 2024 05:17am

PPP-P announces names of candidates for NA, PA

KARACHI: Pakistan People’s Party Parliamentarians (PPPP) has announced the list of Party Candidates for National...

Published 06 Jan, 2024 05:17am

PML-N finalises names of candidates for Lahore’s NA constituencies

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) has finalised the names of the party candidates for Lahore’s...

Published 06 Jan, 2024 05:17am

Naqvi for completing public welfare projects within stipulated periods

LAHORE: The caretaker Punjab Chief Minister Mohsin Naqvi, while reviewing the progress on the public welfare ...

Published 06 Jan, 2024 05:17am

FTO orders clearance of Rs13bn refunds

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has passed orders for clearance of Rs 13 billion refunds for...

Published 06 Jan, 2024 05:17am

Senate panel recommends ban on pornographic websites

ISLAMABAD: The Senate Standing Committee on Interior, on Friday, recommended imposing a ban on websites carrying...

Published 06 Jan, 2024 05:17am

PPP issues show-cause notice to its Senator

ISLAMABAD: Pakistan People’s Party (PPP), Friday, issued a show-cause notice to its Senator Behramand Tangi on...

Published 06 Jan, 2024 05:17am

Training of polling staff to continue till 11th

KARACHI: In the light of the orders of the Election Commission of Pakistan (ECP), the training sessions of the...

Published 06 Jan, 2024 05:17am

Appeals of PTI ticket holder allowed

LAHORE: An election tribunal on Friday allowed the appeals of a lawyer affiliated to PTI Naeem Panjotha and accepted...

Published 06 Jan, 2024 05:17am

Elections: Babar for exposing ‘hidden’ hands

ISLAMABAD: The president human rights cell and ex-senator of Pakistan People’s Party (PPP) Farhatullah Babar on...

Published 06 Jan, 2024 05:17am

Pakistan urges global community to help Kashmiris exercise their right of self-determination

ISLAMABAD: Pakistan on Friday urged the international community, especially the United Nations, to live up to their...

Published 06 Jan, 2024 05:17am

Pakistan will always support Kashmiris’ right to self-determination, Alvi

ISLAMABAD: President Dr Arif Alvi has said that Pakistan remained determined to playing its role in supporting the...

Published 06 Jan, 2024 05:17am

General elections: CS directs DCs to ensure implementation of ECP-issued code of conduct

LAHORE: Chief Secretary Punjab Zahid Akhtar Zaman, on Friday, directed all the Deputy Commissioners to ensure the...

Published 06 Jan, 2024 05:17am

‘Ban on pre-polls surveys’: LHC seeks reply from ECP by 9th

LAHORE: The Lahore High Court on Friday sought reply from the Election Commission of Pakistan (ECP) by January 09 on...

Published 06 Jan, 2024 05:17am

IHC directs Baloch protesters to appoint focal person for talks

ISLAMABAD: The Islamabad High Court (IHC), Friday, directed the Baloch protesters to appoint a focal person for ...

Published 06 Jan, 2024 05:17am

Cleric shot dead in Islamabad

ISLAMABAD: Deputy Secretary General Sunni Ulema Council Maulana Masood Rehman Usmani on Friday was shot dead by...

Published 06 Jan, 2024 05:17am

IIOJK status: PM assails Indian SC’s ‘engineered’ verdict

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has stated that the Indian Supreme Court’s recent verdict...

Published 06 Jan, 2024 05:17am

Middle East

Gaza bombing continues as Israel lays out post-war plan

OCCUPIED Al-QUDS: Bombing continued across Gaza on Friday as the world began to digest Israel’s first proposals ...

Published 06 Jan, 2024 05:17am

US offers $10m for Hamas financial information

WASHINGTON: The United States is offering up to $10 million for information on five Hamas financiers or anything...

Published 06 Jan, 2024 05:17am

PPP to follow ‘Bhutto’s manifesto’: Bilawal

LAHORE: Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari said on Friday that the PPP would follow the...

Published 06 Jan, 2024 05:17am

Life-long ban: AGP urges SC to overrule judgement on Samiullah Baloch

ISLAMABAD: The Attorney General for Pakistan (AGP) urged the Supreme Court to overrule the SC’s judgment on...

Published 06 Jan, 2024 05:17am

Launch on 11th January: Freelancers to channelize remittances thru Paypal

PayPal is not coming to Pakistan but an agreement has been reached under which the remittances would be channelized from Paypal through a third party, says Dr Saif

Updated 06 Jan, 2024 09:51pm

Rs16bn money-laundering case: probe suspended

KARACHI: The Federal Board of Revenue (FBR) has reportedly suspended investigations against four shell companies...

Updated 06 Jan, 2024 05:18pm

ATL data of two FBR wings do not match

ISLAMABAD: The data of active income/ sales taxpayers of the Federal Board of Revenue (FBR) IT Wing and Inland...

Updated 06 Jan, 2024 09:57am

PPP condemns passage of resolution

ISLAMABAD: Pakistan People’s Party (PPP) condemned the resolution passed by the Upper House of the Parliament....

Published 06 Jan, 2024 05:17am

PML-N opposes resolution

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) on Friday opposed the Senate resolution, seeking postponement of...

Published 06 Jan, 2024 05:17am

Export sectors: SBP asked to review limits under EFS facilities

Members emphasise that export oriented sector requires at least medium-term predictability on key indicators such as energy costs, exchange rates and borrowing costs

Updated 06 Jan, 2024 09:51pm

Rates

Stocks show negative trend

KARACHI: Pakistan Stock Exchange on Friday witnessed mixed trend and after moving in both directions finally closed...

Published 06 Jan, 2024 05:17am

Senate seeks postponement of polls

ISLAMABAD: Less than two months after having passed a purportedly controversial resolution in support of the...

Updated 06 Jan, 2024 09:58am

There were no ‘directives’ from govt: minister

ISLAMABAD: Caretaker Federal Minister for Information and Broadcasting Murtaza Solangi, Friday, said that there were...

Updated 06 Jan, 2024 05:20pm

FBR restructuring plan finalised

A summary is likely to be moved in the next meeting of the federal cabinet for the approval of the FBR’s restructuring plan

Updated 06 Jan, 2024 09:50pm

South Asia

Hijack call: India navy commandos board Arabian Sea vessel

NEW DELHI: India’s navy said Friday that its commandos had boarded a vessel in the Arabian Sea after a hijacking...

Published 06 Jan, 2024 05:17am

Energy

Amer Tufail made MD SNGPL

LAHORE: The SNGPL Board of Directors has appointed Amer Tufail as Managing Director of Sui Northern Gas Pipelines...

Published 06 Jan, 2024 05:17am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (January 05, 2024). ==================================== BR...

Published 06 Jan, 2024 05:17am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (January 05, 2024)....

Published 06 Jan, 2024 05:17am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (January 05, 2024). ======================== Open Bid ...

Published 06 Jan, 2024 05:17am

Forex

Open market rates of foreign currencies

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

Published 06 Jan, 2024 05:17am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (January 05, 2024). ========================== KIBOR...

Published 06 Jan, 2024 05:17am

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 06 Jan, 2024 05:17am

Cotton & Textile

Cotton spot rate picks up Rs500 per maund

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

Published 06 Jan, 2024 05:17am

Stocks

India’s Nifty begins 2024 with weekly losses

BENGALURU: India’s benchmark indexes posted marginal gains on Friday but logged losses for the week, dragged by...

Published 06 Jan, 2024 05:17am

Stocks

China stocks end first week of 2024 lower

SHANGHAI: Chinese stocks fell in the first week of 2024, as traders gauged concerns over the country’s sluggish...

Published 06 Jan, 2024 05:17am

Stocks

European shares log first weekly loss in eight

PARIS: European shares logged their first weekly loss in eight on Friday, as investors grappled with a plethora of...

Published 06 Jan, 2024 05:17am

Commodities

Gold prices down

KARACHI: A continuing slump on Friday further decreased the gold prices on the local market with silver unchanged,...

Published 06 Jan, 2024 05:17am

Letters

Senators drop a bombshell

Whatever the Senate of Pakistan did yesterday was expected, it is highly disappointing nevertheless. With the...

Published 06 Jan, 2024 05:17am

Flouting the law

A new year has dawned and the first few hours highlighted the fact that there is nothing new in this year also. In...

Updated 06 Jan, 2024 06:01am

IPR regime: compliance not a govt priority

There are laws that provide a foundation for the protection of ‘ Intellectual Property Rights (IPR), but the laws...

Updated 06 Jan, 2024 06:00am

PARTLY FACETIOUS: Did the pir give any spiritual guidance to Zardari sahib?

“Why are all our party leaders so very superstitious?” “Is that a question or a statement?” “Well both;...

Published 06 Jan, 2024 05:17am

KP govt accords approval to literacy campaign

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has accorded approval to KP Literacy Campaign titled as...

Published 06 Jan, 2024 05:17am

Reconstitution of CCI approved

ISLAMABAD: President Dr Arif Alvi has approved the reconstitution of the Council of Common Interests (CCI). ...

Published 06 Jan, 2024 05:17am

CCoSEOs for reconciling financial portfolios of NHA, PR with Finance Div

ISLAMABAD: The Cabinet Committee on State Owned Enterprises (CCoSEOs) has decided that financial portfolios of NHA...

Updated 06 Jan, 2024 09:12am

BoI discusses PRMI with key govt depts, related agencies

ISLAMABAD: The Board of Investment (BoI) held an important engagement with key federal departments, all provincial...

Updated 06 Jan, 2024 09:15am

Stocks

S&P 500, Nasdaq climb as fresh data boosts rate-cut bets again

NEW YORK: The benchmark S&P 500 and the Nasdaq rose on Friday after services sector data pointing to a weaker...

Published 06 Jan, 2024 05:17am

Money & Banking

Dollar falls after weak US services sector data

NEW YORK: The dollar dropped from three-week peaks on Friday in choppy trading after data showed the US services...

Published 06 Jan, 2024 05:17am

272 Pak firms participating in Heimtextil 2024: Exporters playing vital role towards economic revival goal: TMA

KARACHI: A total 272 Pakistani firms is participating in Heimtextil 2024, of them 74 companies belong to the towel...

Published 06 Jan, 2024 05:17am

Collectorate of Customs Gwadar surpasses revenue target

QUETTA: Collectorate of Customs, Gwadar has exceeded the assigned revenue target by 114 percent during the first ...

Published 06 Jan, 2024 05:17am

Claim, counter-claims, and ECC

EDITORIAL: It’s a bit rich of Pakistani authorities to try to penalise Chinese power plants set up under CPEC...

Published 06 Jan, 2024 05:17am

Less pessimism about next quarter

EDITORIAL: Interestingly, the latest Gallup Business Confidence Index report shows that the country’s business...

Published 06 Jan, 2024 05:17am

Meeting with Additional IG Punjab: LCCI chief for ensuring smooth running of businesses

LAHORE: President of the Lahore Chamber of Commerce and Industry Kashif Anwar, in a high profile meeting with...

Published 06 Jan, 2024 05:17am

Industry

Elected FPCCI VP for KP assumes charge

PESHAWAR: Aun Ali Syed, the newly elected, vice president of Federation of Pakistan Chambers of Commerce and ...

Published 06 Jan, 2024 05:17am

Interest Rates

Money & Banking

Asian currencies subdued ahead of US payrolls data

BENGALURU: Most Asian currencies were subdued on Friday, and were on track to end the first week of 2024 lower as a...

Published 06 Jan, 2024 05:17am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 19	283.73
USD PKR Interbank Buying / Jun 19	283.53
USD to Japanese Yen / Jun 19	145.26
USD to Swiss Franc / Jun 19	0.82
Pound Sterling to USD / Jun 19	1.34
Euro to USD / Jun 19	1.15
UK LIBOR % / Jun 18	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 19	81,415.69
Tokyo Nikkei / Jun 19	38,488.34
Hang Seng / Jun 19	23,203.65
FTSE 100 / Jun 19	8,808.78
Germany DAX 30 / Jun 19	23,175.77
France CAC40 / Jun 19	7,594.91

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 18	16,785
Gold 10 Grams PKR / Jun 18	307,831
Petrol/Litre / Jun 19	258.43
Crude Oil USD/Barrel / Jun 19	75.58
Gold Spot USD/Ounce / Jun 19	3,356.54
Diesel/Litre / Jun 19	262.59
Cotton US¢/pound / Jun 19	66.67

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / Jun 19 First Equity Modaraba(FEM)	3.89 ▲ 0.63 (19.33%)
Askari Life Assur. / Jun 19 Askari Life Assurance Company Limited(ALAC)	7.40 ▲ 1 (15.63%)
Yousuf Weaving / Jun 19 Yousaf Weaving Mills Limited(YOUW)	4.64 ▲ 0.52 (12.62%)
Escorts Bank / Jun 19 Escorts Investment Bank Limited(ESBL)	6.08 ▲ 0.57 (10.34%)
Crescent Textile / Jun 19 The Crescent Textile Mills Limited(CRTM)	20.85 ▲ 1.9 (10.03%)
Service Textile / Jun 19 Service Industries Textiles Limited(SERT)	21.64 ▲ 1.97 (10.02%)
Karam Ceramics / Jun 19 Karam Ceramics Limited(KCL)	56.73 ▲ 5.16 (10.01%)
Int. Knit. / Jun 19 International Knitwear Limited(INKL)	22.41 ▲ 2.04 (10.01%)
Zahid Jee Textile / Jun 19 Zahidjee Textile Mills Limited(ZAHID)	39.69 ▲ 3.61 (10.01%)
Tata Textile / Jun 19 Tata Textile Mills Limited(TATM)	92.33 ▲ 8.39 (10%)

Stock	Price
Shadman Cotton / Jun 19 Shadman Cotton Mills Limited(SHCM)	55.87 ▼ -6.21 (-10%)
Sardar Chemical / Jun 19 Sardar Chemical Industries Limited(SARC)	62.45 ▼ -6.94 (-10%)
PIA Holding Co.B / Jun 19 PIA Holding Company Limited B(PIAHCLB)	12,393.10 ▼ -1377.05 (-10%)
Pakgen Power / Jun 19 Pakgen Power Limited(PKGP)	192.29 ▼ -21.36 (-10%)
Pak Synthetics / Jun 19 Pakistan Synthetics Limited(PSYL)	60.78 ▼ -6.75 (-10%)
MCB Invest. Managmt. / Jun 19 MCB Investment Management Limited(MCBIM)	111.99 ▼ -12.38 (-9.95%)
Hafiz Ltd. / Jun 19 Hafiz Limited(HAFL)	270.05 ▼ -25.8 (-8.72%)
Al-Khair Gadoon / Jun 19 Al-Khair Gadoon Limited(AKGL)	43.24 ▼ -3.94 (-8.35%)
Mughal Iron & Steel(C) / Jun 19 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	45.51 ▼ -4.06 (-8.19%)
F.Credit & Inv / Jun 19 First Credit and Investment Bank Limited(FCIBL)	9.16 ▼ -0.71 (-7.19%)

Stock	Volume
WorldCall Telecom / Jun 19 Worldcall Telecom Limited(WTL)	36,749,211 ▲ 0
Sui South Gas / Jun 19 Sui Southern Gas Company Limited(SSGC)	27,284,022 ▼ -0.47
First Prudential Mod. / Jun 19 First Prudential Modaraba(PMI)	21,872,094 ▲ 0.01
Pervez Ahmed Consultancy / Jun 19 Pervez Ahmed Consultancy Services Ltd.(PASL)	17,986,527 ▲ 0.1
PIA Holding Co.Ltd / Jun 19 PIA Holding Company Limited(PIAHCLA)	14,803,049 ▼ -0.06
Invest Bank / Jun 19 Invest Capital Investment Bank Limited(ICIBL)	11,354,172 ▲ 0.65
Yousuf Weaving / Jun 19 Yousaf Weaving Mills Limited(YOUW)	10,354,100 ▲ 0.52
Secure Logistics / Jun 19 Secure Logistics Group Limited(SLGL)	9,953,956 ▲ 0.76
Merit Packaging / Jun 19 Merit Packaging Limited(MERIT)	9,429,042 ▼ -0.51
Ist.Capital Sec / Jun 19 First Capital Securities Corporation(FCSC)	9,144,926 ▲ 0

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