News Archives for Print - 2024-03-03

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Print - 2024-03-03

Israeli airstrike hits Gaza tent, killing 11

CAIRO: At least 11 Palestinians were killed when an Israeli airstrike hit a tent in Rafah in the Gaza Strip on...

Published 03 Mar, 2024 02:55am

WTO talks end with no major win, throwing trade body into ‘crisis’

ABU DHABI: A high-level WTO conference ended Saturday with a temporary extension of an e-commerce moratorium but no...

Published 03 Mar, 2024 02:55am

Capital city witnessing rise in crime

ISLAMABAD: The federal capital is constantly witnessing an increase in the cases of auto thefts and mobile phone...

Published 03 Mar, 2024 02:55am

‘Women Tech Quest’ highlights women’s role in technology

KARACHI: Speakers highlighted the crucial role of female professionals in the technology and IT sectors to enhance...

Published 03 Mar, 2024 02:55am

LHC explains what actually constitutes power of attorney

LAHORE: The Lahore High Court held that the power of attorney (vakalatnama) does not confer any power on the counsel...

Published 03 Mar, 2024 02:55am

The Weather

KARACHI: The weather report on Saturday (March 02, 2024) and the forecast for Sunday (March 03, 2024)....

Published 03 Mar, 2024 02:55am

PTI protests in twin cities against vote ‘rigging’

ISLAMABAD: Like other parts of the country, Pakistan Tehreek-e-Insaf (PTI) on Saturday staged protest demonstrations...

Published 03 Mar, 2024 02:55am

Presidential election: CM say he’s optimistic about Zardari’s prospects

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that Asif Ali Zardari would return with the highest votes...

Published 03 Mar, 2024 02:55am

PML-N condemns expression of ‘hooliganism’ against woman legislator

PESHAWAR: Pakistan Muslim League-N has condemned ‘hooliganism’ with a female legislator of the party by some...

Published 03 Mar, 2024 02:55am

Letters

‘A political cul-de-sac?’

This is apropos two back-to-back letters to Editor titled “A political cul-de-sac” carried by the newspaper the...

Published 03 Mar, 2024 02:55am

Section 144 imposed on Islamabad

ISLAMABAD: Police on Saturday imposed section 144 in Islamabad as security is on high alert in the federal capital....

Published 03 Mar, 2024 02:55am

PSDF, NAVTTC sign MoU

LAHORE: The Punjab Skills Development Fund (PSDF) and the National Vocational and Technical Training Commission...

Published 03 Mar, 2024 02:55am

CM vows to ensure provision of quality healthcare facilities

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif chaired a three-hour long special meeting on the restructuring of...

Published 03 Mar, 2024 02:55am

Energy

Oil climbs ahead of OPEC+ decision

NEW YORK: Oil prices rose 2% on Friday and posted weekly gains as traders awaited an OPEC+ decision on supply...

Published 03 Mar, 2024 02:55am

Cotton & Textile

Cotton market: Spot rate firm amid slow business activity

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

Published 03 Mar, 2024 02:55am

Energy

US natgas prices dip on mild weather

NEW YORK: US natural gas futures dipped on Friday on sufficient fuel in storage and lower heating demand, but prices...

Published 03 Mar, 2024 02:55am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (March 02, 2024). ======================================= Offset...

Published 03 Mar, 2024 02:55am

Need for boosting Pak-US ties, research stressed

LAHORE: A high-level delegation comprising esteemed American academics and faculty members of Kinnaird College, led...

Published 03 Mar, 2024 02:55am

Shall we tell the politicians?

Pakistan continues to grapple with a multitude of complex challenges that threaten its national security, hinder its...

Published 03 Mar, 2024 02:55am

More rains likely

KARACHI: Rains may fall on a normal scale in the country’ most parts in March, as the Met Office has also hinted ...

Published 03 Mar, 2024 02:55am

Law, order top priority, says Murad

HYDERABAD: Chief Minister Sindh Syed Murad Ali Shah said that he prays to Allah, the Almighty that the next...

Published 03 Mar, 2024 02:55am

3 terrorists killed, four injured

ISLAMABAD: The security forces conducted an Intelligence Based Operation (IBO) in Karak District, on reported...

Published 03 Mar, 2024 02:55am

Nazafreen elected APNS president

KARACHI: The annual meeting of the APNS General Council held on Saturday at APNS House, Karachi, unanimously elected...

Published 03 Mar, 2024 02:55am

Shehbaz felicitates new office-bearers

KARACHI: Prime Minister nominated, Mian Muhammad Shehbaz Sharif has extended heartfelt congratulations to the newly...

Published 03 Mar, 2024 02:55am

Energy

LPG-related incidents: OGRA chief visits Faisalabad areas to create awareness

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) Chairman Masroor Khan visited various areas of Faisalabad city...

Published 03 Mar, 2024 02:55am

CBD Punjab accelerates Walton railway crossing flyover

LAHORE: Central Business District Punjab (CBD Punjab) has paced up development work of the Walton Railway Crossing...

Published 03 Mar, 2024 02:55am

‘Efforts on to promote culture of Sindh commendable’

Makli Graveyard is a masterpiece of history and the purpose of the exhibition is to make people understand the glory of Makli

Updated 03 Mar, 2024 09:40am

At least 17 killed, 23 hurt in rain-related incidents across KP

PESHAWAR: At least 17 people were killed and 23 others injured in incidents of roof collapse and mudslide in Khyber...

Published 03 Mar, 2024 02:55am

PTI’s strongman Gandapur now new CM of KP

KP Governor Haji Ghulam Ali administered the oath to the CM-elect at a ceremony held at the Governor’s House in Peshawar

Updated 03 Mar, 2024 09:41am

PPP’s Bugti sworn in as Balochistan CM

Governor Abdul Wali Kakar administered oath in a ceremony attended by PPP chairperson Bilawal Bhutto Zardari at the Governor House

Updated 03 Mar, 2024 09:41am

‘Land allotment for industrial use’ PSM board challenges caretaker govt’s claim

ISLAMABAD: Pakistan Steel Mills (PSM) Board has challenged the claim of the caretaker Minister for Privatisation,...

Updated 03 Mar, 2024 05:28pm

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 33.808...

Published 03 Mar, 2024 02:55am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (March 02, 2024)...

Published 03 Mar, 2024 02:55am

Commodities

Copper reverses loss

LONDON: Copper prices rose on Friday following the dollar’s retreat after earlier losses on shrinking factory...

Published 03 Mar, 2024 02:55am

Commodities

Iron ore falls on soft China data

BEIJING: Iron ore futures slid on Friday, logging their second weekly loss, amid weak factory data and mounting...

Published 03 Mar, 2024 02:55am

Commodities

Malaysian palm oil futures down

JAKARTA: Malaysian palm oil futures closed lower on Friday on profit-taking and cautious trading ahead of a major...

Published 03 Mar, 2024 02:55am

Commodities

Argentina’s farm export revenues gain

BUENOS AIRES: Argentine farm exports rose to $1.52 billion in February, a 64% jump from the same month last year,...

Published 03 Mar, 2024 02:55am

Commodities

Indonesia buys about 300,000 metric tons of rice in tender

HAMBURG: Indonesian state purchasing agency Bulog is believed to have purchased about 300,000 metric tons of rice an...

Published 03 Mar, 2024 02:55am

Commodities

Raw sugar hits near two-month low, cocoa resumes rally

NEW YORK: Raw sugar futures on ICE hit their lowest in nearly two months on Friday as concerns over supply continue...

Published 03 Mar, 2024 02:55am

Commodities

CBOT soybean futures rise

CHICAGO: Chicago Board of Trade (CBOT) soybean futures turned higher on Friday on signs of bargain buying and...

Published 03 Mar, 2024 02:55am

Commodities

Gold advances to 2-month peak

BENGALURU: Gold started March on a positive note, with prices rising to a two-month high on Friday after muted...

Published 03 Mar, 2024 02:55am

Success against cybercrime

EDITORIAL: It is welcome news that an international operation led by the US and UK law enforcement agencies has...

Published 03 Mar, 2024 02:55am

SC explains how a foreign arbitral award can be refused by local courts

ISLAMABAD: The Supreme Court said the recognition and enforcement of a foreign arbitral award may be refused by the...

Published 03 Mar, 2024 02:55am

Gwadar coal-fired power plant: PPIB extends financial closing date

The project is on the priority list of CPEC and holds paramount importance for the energy infrastructure and economic development of the region

Updated 03 Mar, 2024 06:05pm

Requirements for life insurance products: SECP issues new directives to insurance cos, family Takaful operators

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a new directive to all insurance...

Updated 03 Mar, 2024 12:09pm

Revenue collection target: FBR chairman summons ‘emergency meeting’

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Amjed Zubair Tiwana has called an emergency conference of chief...

Updated 03 Mar, 2024 08:18pm

Rs10bn TSG approved to mitigate cyber-attacks

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs10 billion technical...

Updated 03 Mar, 2024 05:29pm

Online freelancers: PayPal remittances from this month: minister

Islamabad: Pakistan online freelancers will be able to receive PayPal remittances starting this month through a...

Updated 03 Mar, 2024 08:19pm

Rural areas: One-quarter of population still below poverty line: WB

ISLAMABAD: While poverty has decreased significantly over the past two decades, one-quarter of the population still...

Updated 03 Mar, 2024 05:29pm

2023: corporate profits boom despite economic slowdown

KARACHI: Profits of key companies listed on PSX have remained fabulous despite the economic issues faced by ...

Updated 03 Mar, 2024 09:25am

Feb oil sales decline 8pc YoY

KARACHI: Total sales of petroleum products in the country declined by 8.0 percent on a year-on-year basis to 5-month...

Updated 03 Mar, 2024 09:25am

Seizure of commercial consignment: Pakistan condemns India’s high- handedness

ISLAMABAD: Pakistan on Saturday strongly condemned India’s high handedness in seizure of commercial goods by a...

Published 03 Mar, 2024 02:55am

Prices of essential kitchen items show rising trend

ISLAMABAD: The prices of essential kitchen items have witnessed an increasing trend during this week past against ...

Published 03 Mar, 2024 02:55am

Industry

Power consumption trends indicate de-industrialization in full swing

LAHORE: Power generation and consumption trends indicate that deindustrialization is in full swing, said sources. ...

Published 03 Mar, 2024 02:55am

Industry

SAARC Bazaar & Women’s Business Conference in Lahore from 7th

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that SAARC activities comprising of SAARC Bazaar and...

Published 03 Mar, 2024 02:55am

Taxes

FBR suffered Rs567.3bn revenue loss in last 7 years: SDPI report

ISLAMABAD: A research report of the SDPI (think tank) has revealed that the Federal Board of Revenue (FBR) has...

Published 03 Mar, 2024 02:55am

Industry

PSMA for withdrawal of 15pc RD on molasses’ exports

LAHORE: Pakistan Sugar Mills Association (PSMA) non-distillery members have urged the federal commerce ministry to...

Published 03 Mar, 2024 02:55am

Mismanaged national parks

EDITORIAL: Unauthorised cutting down of trees from protected areas is a serious offence. Relevant government bodies...

Published 03 Mar, 2024 02:55am

Industry

Malaysia CG vows to help increase Pak rice exports

HYDERABAD: Consul General of Malaysia in Karachi, Herman Hardynata Bain Ahmad has said that around 10,000 Pakistani...

Published 03 Mar, 2024 02:55am

Industry

Manufacturing of HD explosive material: PD asked to seek clearance from ministries for amending licences of four firms

ISLAMABAD: The caretaker federal cabinet has directed Ministry of Energy (Petroleum Division) to seek clearance from...

Published 03 Mar, 2024 02:55am

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
Petrol/Litre / Jun 17	258.43
Crude Oil USD/Barrel / Jun 17	72.01
Gold Spot USD/Ounce / Jun 17	3,388.42
Diesel/Litre / Jun 17	262.59
Cotton US¢/pound / Jun 17	67.96

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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