News Archives for Print - 2024-01-30

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Print - 2024-01-30

Afghan FM calls for ‘constructive engagement’ with Int’l community

KABUL: Afghanistan’s foreign minister on Monday called for “constructive engagement” with the international...

Published 30 Jan, 2024 04:52am

Sunak urges Iran to de-escalate tensions

LONDON: British Prime Minister Rishi Sunak said on Monday he was concerned about tensions in the Middle East and...

Published 30 Jan, 2024 04:52am

Israel accuses 190 UN staff of being ‘hardened’ militants’

JERUSALEM/GENEVA: An Israeli intelligence dossier that prompted a cascade of countries to halt funds for a UN...

Published 30 Jan, 2024 04:52am

Maldives parliament rejects three cabinet members after brawl

MALÉ (Maldives): Maldivian lawmakers voted against the appointment of three cabinet members on Monday after an...

Published 30 Jan, 2024 04:52am

HK court orders China Evergrande to liquidate with debts of $300bn

HONG KONG: A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, a move...

Published 30 Jan, 2024 04:52am

The Weather

KARACHI: The weather report on Monday (January 29, 2024) and the forecast for Tuesday (January 30, 2024)...

Published 30 Jan, 2024 04:52am

Soldier martyred in Sudan

RAWALPINDI: On 28th January 2024, a convoy of Pakistani peacekeepers was ambushed in Abyei (disputed area between...

Published 30 Jan, 2024 04:52am

Shehbaz seeks support of Tehreek Millat-e-Jafferia in elections

LAHORE: Pakistan Muslim League-Nawaz (PML-N) President and former prime minister Shehbaz Sharif on Monday made a...

Published 30 Jan, 2024 04:52am

Renovation of 13 police stations in capital begins: minister

ISLAMABAD: Caretaker Interior Minister Dr Gohar Ejaz on Monday said that the government is making all efforts to...

Published 30 Jan, 2024 04:52am

Punjab CM returns home after performing Umrah

LAHORE: The caretaker Punjab Chief Minister Mohsin Naqvi on Monday returned to Pakistan after performing Umrah. The...

Published 30 Jan, 2024 04:52am

PFA discards 2,000 litres of substandard milk

LAHORE: The Punjab Food Authority (PFA) on Monday stopped the production of a food point and penalized 10 other food...

Published 30 Jan, 2024 04:52am

Pakistan concerned over suspension of funding for UNRWA

ISLAMABAD: Pakistan expressed its deep concerns over the decision by some countries to suspend the funding for the...

Published 30 Jan, 2024 04:52am

Paksitan opening ceremony of Al-BADAR- VIII held

ISLAMABAD: The opening ceremony of two weeks long Joint Exercise Al-BADAR-VIII was held at the National Counter...

Published 30 Jan, 2024 04:52am

Pervez Elahi’s plea: LHC seeks reply from ECP by today

LAHORE: The Lahore High Court on Monday sought reply from the Election Commission of Pakistan (ECP) by January 30...

Published 30 Jan, 2024 04:52am

JI demands judicial investigation into MQM, PPP clash

KARACHI: Jamaat-e-Islami (JI) on Monday demanded of the ECP to take notice of political violence in the metropolis,...

Published 30 Jan, 2024 04:52am

Installation of Safe City cameras in 21 cities: IGP Punjab reviews arrangements

LAHORE: Inspector General Police Punjab Dr Usman Anwar has said that Punjab Police is relying on local resources to...

Published 30 Jan, 2024 04:52am

First LCCI IT Freelancing Awards 2024 organised

LAHORE: The Lahore Chamber of Commerce and Industry has organised First LCCI IT Freelancing Awards 2024 which was a...

Published 30 Jan, 2024 04:52am

Doctors Without Borders concerned over surge in CL cases

ISLAMABAD: Doctors Without Borders (MSF) while expressing serious concern over the increase in the number of...

Published 30 Jan, 2024 04:52am

Airports, seaports: 11 customs men appointed for implementation of ‘AEES’

ISLAMABAD: The Federal Board of Revenue (FBR) has appointed 11 customs officials across Pakistan for smooth...

Published 30 Jan, 2024 04:52am

10th Board of Directors Meeting of OICOA today

ISLAMABAD: The 10th Board of Directors Meeting of the OIC Ombudsman Association (OICOA) meeting will kick start ...

Published 30 Jan, 2024 04:52am

1,120 polling stations declared highly sensitive in Lahore

LAHORE: The Lahore district administration has declared 1,120 polling stations in the provincial capital as highly...

Published 30 Jan, 2024 04:52am

Engagement with foreign media stressed: Austrian envoy stresses importance of creating positive perception

KARACHI: The Ambassador of Austria to Pakistan and Afghanistan, Andrea Wicke stressed the importance of building a...

Published 30 Jan, 2024 04:52am

ACCA hosts ‘Pakistan Leadership Conversation 2024’ events

KARACHI: The Association of Chartered Certified Accountants (ACCA) successfully organized its Pakistan Leadership...

Published 30 Jan, 2024 04:52am

ECP Sindh issues notices to candidates

KARACHI: Election Commission of Pakistan Sindh has issued notices to candidates of Jamaat-e-Islami (JI), Pakistan...

Published 30 Jan, 2024 04:52am

US vows ‘consequential’ response to deadly drone strike in Jordan

WASHINGTON: The White House on Monday vowed a “very consequential response” to a drone attack on a base in ...

Published 30 Jan, 2024 04:52am

Indian opposition’s challenge to Modi falters

NEW DELHI: An opposition bid to jointly mount a challenge to Indian Prime Minister Narendra Modi in a national...

Published 30 Jan, 2024 04:52am

Cross-examination of witnesses: AC closes right of IK, Bushra

ISLAMABAD: An Accountability Court on Monday closed the right of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan...

Published 30 Jan, 2024 04:52am

Rain expected in hilly areas next week

LAHORE: Some 100 mm rain is expected in hilly areas until 5thof Feb, followed by the advent of pleasant weather in...

Published 30 Jan, 2024 04:52am

Sindh govt launches laboratory for archaeological research

KARACHI: The Government of Sindh, under the leadership of Dr. Syed Junaid Ali Shah, Minister of Culture, Antiquities...

Published 30 Jan, 2024 04:52am

20 probationary officers: CCP holds interactive session for CSA syndicate group

ISLAMABAD: As part of their training under the 51st Common Training Programme (CTP), a syndicate group of 20...

Published 30 Jan, 2024 04:52am

Economic manifesto: MQM-P leaders brief FPCCI office-bearers

KARACHI: Dr. Khalid Maqbool Siddiqui, Convener MQM Pakistan apprised that his party is deeply concerned over ...

Published 30 Jan, 2024 04:52am

CTD arrests 11 alleged terrorists in Punjab

LAHORE: The Counter Terrorism Department (CTD) has foiled a terror plot by arresting 11 suspected terrorists linked...

Published 30 Jan, 2024 04:52am

ATC allows post-arrest bail of Sanam Javed

LAHORE: An Anti-Terrorism Court (ATC) on Monday accepted the post-arrest bail of PTI activist Sanam Javed in a case...

Published 30 Jan, 2024 04:52am

HBL PSL 9: names of supplementary, replacement players announced

LAHORE: Several supplementary and replacement players have been added to the six HBL Pakistan Super League squads,...

Published 30 Jan, 2024 04:52am

Govt to launch 5G services next year

ISLAMABAD: Only 13.5 percent of the existing cell sites in Pakistan are fibre-connected, while international...

Published 30 Jan, 2024 04:52am

CNN Philippines to close due to financial losses

MANILA: CNN Philippines will stop operations from January 31 due to “significant financial losses”, its owner...

Published 30 Jan, 2024 04:52am

Protesting farmers block major roads into Paris

PARIS: French farmers choked off major motorways around Paris on Monday, threatening to blockade the capital in an...

Published 30 Jan, 2024 04:52am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (January 29, 2024). ==================================== BR...

Published 30 Jan, 2024 04:52am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (January 29, 2024)...

Published 30 Jan, 2024 04:52am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 29, 2024)....

Published 30 Jan, 2024 04:52am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (January 29, 2024)....

Published 30 Jan, 2024 04:52am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (January 29, 2024). ======================== Open Bid ...

Published 30 Jan, 2024 04:52am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on ...

Published 30 Jan, 2024 04:52am

Rates

LME official prices

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

Published 30 Jan, 2024 04:52am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 271,109 tonnes of cargo comprising 164,666 tonnes of import cargo and ...

Published 30 Jan, 2024 04:52am

Stocks

Reliance, ONGC power Indian shares to best day in eight weeks

BENGALURU: Indian shares surged in their best session in eight weeks on Monday, driven by gains in energy...

Published 30 Jan, 2024 04:52am

Stocks

China stocks fall despite short selling curb

SHANGHAI: Chinese stocks fell on Monday despite fresh government curbs on short selling, while oil shares led the...

Published 30 Jan, 2024 04:52am

Stocks

European shares end slightly higher

PARIS: European equities ended marginally higher on Monday after hitting two-year highs in the previous session,...

Published 30 Jan, 2024 04:52am

Stocks

Wall St tepid ahead of Fed decision

NEW YORK: US main stock indexes were sluggish on Monday as investors awaited major events this week including the...

Published 30 Jan, 2024 04:52am

Reforming the judiciary: adapting to a new era

In the heart of the courtroom, where the solemnity of justice should reign supreme, there exists a troubling and...

Updated 30 Jan, 2024 05:30am

Letters

Iran, Pakistan can help ease plight of Palestinians

One of the major reasons behind the restoration of relations between Pakistan and Iran is the two neighbouring...

Published 30 Jan, 2024 04:52am

Elections and prospects

As the date for general elections, February 8, 2024, looms, the election campaign scene exhibits some troubling...

Updated 30 Jan, 2024 05:30am

Rising poverty

The incidence of poverty has skyrocketed in Pakistan since the Covid-19 pandemic and the disastrous floods of 2022....

Updated 30 Jan, 2024 05:29am

CM meets Punjab Election Commissioner

LAHORE: The caretaker Punjab Chief Minister Mohsin Naqvi held a meeting with provincial Election Commissioner Punjab...

Published 30 Jan, 2024 04:52am

PTI body rejects ‘unfair’ trial of IK ahead of elections

ISLAMABAD: The core committee of Pakistan Tehreek-e-Insaf (PTI) on Monday rejected the sinister move of those bent...

Published 30 Jan, 2024 04:52am

Governors, ministers: JI will assign 10-marla houses if voted to power: Siraj

LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has announced that the JI, if voted to power, will assign 10-marla...

Published 30 Jan, 2024 04:52am

PARTLY FACETIOUS: PML-N will return to power?

“Biden in a somber mood said, “we had a tough day last night in the Middle East. We lost three brave souls in an...

Published 30 Jan, 2024 04:52am

SC allows Mengal to contest Feb 8 polls

ISLAMABAD: Chairman of the Balochistan National Party (BNP), Sardar Akhtar Mengal, has received approval to...

Published 30 Jan, 2024 04:52am

Economic crisis: Bilawal says political parties will have to join hands

RAWALPINDI: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari has said all political parties will have...

Published 30 Jan, 2024 04:52am

No-trust motion against IK: SC rejects review petitions

ISLAMABAD: The Supreme Court dismissed the review petitions of ex-prime minister Imran Khan and former National...

Published 30 Jan, 2024 04:52am

Appeals against SC judgment on military courts: Justice Masood recuses himself from larger bench

ISLAMABAD: Justice Sardar Tariq Masood recused from a larger bench which was hearing the appeals against the Supreme...

Published 30 Jan, 2024 04:52am

Printing of ballot papers to complete by Friday

ISLAMABAD: The printing of ballot papers for the general elections would complete on the coming Friday, whereas the...

Published 30 Jan, 2024 04:52am

Air transportation issues discussed with Iraq

ISLAMABAD: Prime Minister’s Advisor on Aviation Air Marshal Farhat Hussain Khan (retd) held a follow-up meeting...

Published 30 Jan, 2024 04:52am

Elite class of society: Bilawal vows to eliminate all subsidies

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari blamed “powerful lobbies and...

Published 30 Jan, 2024 04:52am

Post-flood resilience: EU fulfils pledge of euro 100m additional grant

ISLAMABAD: The European Union fulfilled the pledge of an additional euro 100 million grant to enhance post-flood...

Published 30 Jan, 2024 04:52am

Foreign missions: Direct interaction of govt officers banned

ISLAMABAD: The federal government has imposed a ban on direct interaction of government officers with foreign...

Published 30 Jan, 2024 04:52am

PM bars ministers, advisors from making foreign visits

ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq Kakar has barred federal ministers, advisors, special assistants ...

Published 30 Jan, 2024 04:52am

Rates

Stocks nosedive

KARACHI: Pakistan Stock Exchange on Monday nosedived due to severe pressure as the investors opted to sell out their...

Published 30 Jan, 2024 04:52am

Telecom sector investment declines to $762m in 2022-23

ISLAMABAD: Telecom sector investment declined to $762 million in 2022-23 compared to $1.666 billion in 2021-22,...

Published 30 Jan, 2024 04:52am

Commodities

Gold prices climb

KARACHI: The local market on Monday saw a surge in the gold prices but silver was unmoved, traders said. Gold...

Published 30 Jan, 2024 04:52am

Cotton & Textile

Faisalabad Yarn and Fiber Prices

FAISALABAD: Yarn Market Rates on Monday (January 29, 2024) =========================== 6/S-7/S (COTTON)...

Published 30 Jan, 2024 04:52am

Cotton & Textile

Prices stable on cotton market

LAHORE: The local cotton market experienced tight conditions on Monday, coupled with low trading volumes, according...

Published 30 Jan, 2024 04:52am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (January 29, 2024)...

Published 30 Jan, 2024 04:52am

Commodities

‘Iron ore rally built on more than just China optimism’

LAUNCESTON, (Australia): Iron ore is having a strong start to the year, with rising prices and robust imports by...

Published 30 Jan, 2024 04:52am

Commodities

Copper slides on concern over China’s property sector

LONDON: Copper prices retreated on Monday as doubts about demand prospects in top consumer China were reinforced by...

Published 30 Jan, 2024 04:52am

Commodities

Malaysian palm oil futures snap three-day winning streak

SINGAPORE: Malaysian palm oil futures snapped a three-day rally on Monday, due to weakness in rival oils and on...

Published 30 Jan, 2024 04:52am

Commodities

Gold firms on ME flare-up ahead of Fed meeting

BENGALURU: Gold firmed on Monday as rising tensions in the Middle East lifted demand for the safe-haven asset, while...

Published 30 Jan, 2024 04:52am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR18.103 ...

Published 30 Jan, 2024 04:52am

Commodities

Japan rubber futures slip on higher stockpiles

SINGAPORE: Japanese rubber futures fell on Monday as higher inventories, lower tyre production and pessimism on...

Published 30 Jan, 2024 04:52am

Commodities

CBOT soyabean hit 2-year lows

HAMBURG: Chicago soyabeans fell to their lowest in just over two years on Monday as more beneficial rain forecast in...

Published 30 Jan, 2024 04:52am

Energy

Oil prices fall as traders weigh demand concerns against risk premium

NEW YORK: Oil prices fell more than a dollar a barrel on Monday as China’s ailing property sector sparked demand...

Published 30 Jan, 2024 04:52am

Commodities

Paris wheat hits contract low on large supplies, export uncertainty

HAMBURG/PARIS: Euronext wheat fell on Monday to set new contract lows, pressured by uncertain export prospects and...

Published 30 Jan, 2024 04:52am

Raqami sets up Shariah Board as SBP grants NOC

KARACHI: Raqami Islamic Digital Bank (RIDB), after obtaining NOC from the State Bank of Pakistan, has set up...

Published 30 Jan, 2024 04:52am

Extraterritorial assassinations

EDITORIAL: As part of a state-sponsored criminal enterprise to suppress dissent, India has let loose hit teams to...

Published 30 Jan, 2024 04:52am

‘Important first step’

EDITORIAL: Palestinians seem torn between “disappointment and excitement”, and rightly so, since the...

Published 30 Jan, 2024 04:52am

Growing circular debt challenge

EDITORIAL: The power sector circular debt, as per a Business Recorder exclusive news item, reached a high of 2.551...

Published 30 Jan, 2024 04:52am

PTCL launches first neutral internet exchange powered by DE-CIX

ISLAMABAD: The Pakistan Telecommunication Company Limited (PTCL) launched the first neutral internet exchange in...

Published 30 Jan, 2024 04:52am

Business leader says elections will help improve economy

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

Published 30 Jan, 2024 04:52am

300MW floating solar project: Wapda organises ‘road show’ in Bangkok

Energy

Visiting Iranian foreign minister presents ‘workable’ solution

Updated 30 Jan, 2024 09:52am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.37
USD PKR Interbank Buying / Jun 16	283.17
USD to Japanese Yen / Jun 17	144.76
USD to Swiss Franc / Jun 17	0.81
Pound Sterling to USD / Jun 17	1.36
Euro to USD / Jun 17	1.16
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
Nasdaq / Jun 14	19,406.83
Dow Jones / Jun 14	42,197.79
India Sensex / Jun 17	81,649.49
Tokyo Nikkei / Jun 17	38,502.10
Hang Seng / Jun 17	23,945.81
FTSE 100 / Jun 17	8,845.59
Germany DAX 30 / Jun 17	23,441.60
France CAC40 / Jun 17	7,694.59

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 16	16,785
Gold 10 Grams PKR / Jun 16	310,613
Crude Oil USD/Barrel / Jun 17	72.01
Gold Spot USD/Ounce / Jun 17	3,388.42
Cotton US¢/pound / Jun 17	67.96
Petrol/Litre / Jun 18	258.43
Diesel/Litre / Jun 18	262.59

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 17 Crescent Jute Products Limited(CJPL)	5.57 ▲ 1 (21.88%)
First Dawood Prop. / Jun 17 First Dawood Properties Limited(FDPL)	4.55 ▲ 0.67 (17.27%)
Gulistan Sp. / Jun 17 Gulistan Spinning Mills Limited(GUSM)	9.28 ▲ 1 (12.08%)
Power Cem(Pref) / Jun 17 Power Cement (Pref)(POWERPS)	18.98 ▲ 1.73 (10.03%)
Merit Packaging / Jun 17 Merit Packaging Limited(MERIT)	14.92 ▲ 1.36 (10.03%)
Service Textile / Jun 17 Service Industries Textiles Limited(SERT)	17.88 ▲ 1.63 (10.03%)
MACPAC Films / Jun 17 MACPAC Films Limited(MACFL)	26.81 ▲ 2.44 (10.01%)
Bannu Woollen / Jun 17 Bannu Woollen Mills Limited(BNWM)	57.71 ▲ 5.25 (10.01%)
Shadman Cotton / Jun 17 Shadman Cotton Mills Limited(SHCM)	57.33 ▲ 5.21 (10%)
Pak Datacom / Jun 17 Pak Datacom Limited(PAKD)	378.26 ▲ 34.39 (10%)

Stock	Price
Unicap Modaraba / Jun 17 Unicap Modaraba(UCAPM)	3.86 ▼ -0.74 (-16.09%)
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	3.31 ▼ -0.54 (-14.03%)
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	3.87 ▼ -0.52 (-11.85%)
Sardar Chemical / Jun 17 Sardar Chemical Industries Limited(SARC)	77.10 ▼ -8.57 (-10%)
Pakgen Power / Jun 17 Pakgen Power Limited(PKGP)	237.39 ▼ -26.38 (-10%)
PIA Holding Co.B / Jun 17 PIA Holding Company Limited B(PIAHCLB)	15,300.17 ▼ -1700.02 (-10%)
Hala Enterprise / Jun 17 Hala Enterprises Limited(HAEL)	24.86 ▼ -2.76 (-9.99%)
Calcorp Ltd / Jun 17 Calcorp Limited(CASH)	43.34 ▼ -4.8 (-9.97%)
Khyber Textile / Jun 17 Khyber Textile Mills Limited(KHYT)	1,457.04 ▼ -158.06 (-9.79%)
First Fid. Leasing / Jun 17 First Fidelity Leasing Modaraba(FFLM)	2.95 ▼ -0.32 (-9.79%)

Stock	Volume
WorldCall Telecom / Jun 17 Worldcall Telecom Limited(WTL)	239,756,205 ▼ -0.01
Pervez Ahmed Consultancy / Jun 17 Pervez Ahmed Consultancy Services Ltd.(PASL)	97,496,465 ▼ -0.05
Sui South Gas / Jun 17 Sui Southern Gas Company Limited(SSGC)	49,860,990 ▲ 1.54
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	49,081,749 ▼ -0.54
B.O.Punjab / Jun 17 The Bank of Punjab(BOP)	43,532,329 ▲ 0.17
Bank Makramah / Jun 17 Bank Makramah Limited(BML)	41,528,036 ▲ 0.2
Kohinoor Spining / Jun 17 Kohinoor Spinning Mills Limited(KOSM)	37,900,841 ▼ -0.11
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	37,499,448 ▼ -0.52
PIA Holding Co.Ltd / Jun 17 PIA Holding Company Limited(PIAHCLA)	25,538,700 ▼ -0.21
First Dawood Prop. / Jun 17 First Dawood Properties Limited(FDPL)	23,790,756 ▲ 0.67

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