News Archives for Print - 2024-04-19

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Print - 2024-04-19

UN chief warns Mideast on brink of ‘full-scale regional conflict’

UNITED NATIONS: UN Secretary-General Antonio Guterres on Thursday painted a dark picture of the situation in the...

Published 19 Apr, 2024 05:07am

Middle East

Iran warns Israel against attacking nuclear sites

TEHRAN: A senior Revolutionary Guards general threatened on Thursday to target Israel’s “nuclear facilities” ...

Published 19 Apr, 2024 05:07am

ICC Men’s T20 World Cup 2024 preparations begin

LAHORE: Pakistan on Thursday started their ICC Men’s T20 World Cup 2024 preparations at the Rawalpindi Cricket...

Published 19 Apr, 2024 05:07am

Trump’s hush money criminal trial loses two jurors

NEW YORK: The judge overseeing former US President Donald Trump’s criminal trial dismissed two jurors on Thursday,...

Published 19 Apr, 2024 05:07am

US to oppose Palestinian bid for full UN membership

UNITED NATIONS: The United States will on Thursday vote against a Palestinian request for full United Nations...

Published 19 Apr, 2024 05:07am

Africa

Kenya military chopper crash kills defence chief, senior officers

NAIROBI: Kenya’s defence chief and nine other top brass died on Thursday in a military helicopter crash in a ...

Published 19 Apr, 2024 05:07am

South Asia

Voting begins in first phase of India’s election today

NEW DELHI: India begins voting in phases starting April 19 to elect a new parliament, the world’s largest election...

Published 19 Apr, 2024 05:07am

West sanctions Iran drones over attack

OCCUPIED JERUSALEM: Israel launched more deadly strikes on besieged Gaza on Thursday as Western governments unveiled...

Published 19 Apr, 2024 05:07am

Poor nations: UN says solutions exist to rapidly ease debt burden

GENEVA: The heavy debt weighing on developing countries can be alleviated through readily available measures, the...

Published 19 Apr, 2024 05:07am

The Weather

KARACHI: The weather report on Thursday (April 18, 2024) and the forecast for Friday (April 19, 2024)...

Published 19 Apr, 2024 05:07am

Japanese CG opens Fujiyama restaurant at Avari Towers

KARACHI: A special tasting event was held at Fujiyama, Pakistan’s first Japanese restaurant located at the Avari...

Published 19 Apr, 2024 05:07am

Pakistan’s security high priority: Blome

ISLAMABAD: The United States has reaffirmed its commitment to working with the government and underscored that...

Published 19 Apr, 2024 05:07am

HBL: Tekken 8 Women’s Gaming Tournament

LAHORE: Konnect by HBL expands its presence into the world of Esports with the launch of Tekken 8 Women’s Gaming...

Published 19 Apr, 2024 05:07am

13 held for overpricing roti, naan in Lahore

LAHORE: In a stern move to ensure fair pricing for basic staples, authorities in Lahore have arrested 13 individuals...

Published 19 Apr, 2024 05:07am

Health insurance being fine- tuned: minister

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif wants to pass on the real benefits of health insurance program to...

Published 19 Apr, 2024 05:07am

Punjab CM inaugurates ‘Besakhi’ festival

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif visited Zero Line Kartarpur Sharif in Kheti Sahib to officially...

Published 19 Apr, 2024 05:07am

PTI leaders claim their protest forced Zardari to shorten his address

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) lawmakers on Thursday claimed that their strong protests inside the house...

Published 19 Apr, 2024 05:07am

Case against KP CM: Court summons witnesses, adjourns hearing till today

ISLAMABAD: A local court, on Thursday, summoned witnesses in a case of possessing illegal weapons and liquor...

Published 19 Apr, 2024 05:07am

High-level talks with Chief of Turkish General Staff held

ISLAMABAD: General Metin Gürak, Chief of the Turkish General Staff, engaged in high-level discussions with ...

Published 19 Apr, 2024 05:07am

Pakistan, African countries: Diplomats for active exploration of various collaboration areas

ISLAMABAD: Diplomats from Pakistan and various African nations on Thursday stressed the need for active exploration...

Published 19 Apr, 2024 05:07am

Torrential rains: PIA flight operations disrupted by closure of Dubai airport

KARACHI: Pakistan International Airlines (PIA) has experienced significant disruptions to its flight operations due...

Published 19 Apr, 2024 05:07am

14-member Balochistan cabinet takes oath today

QUETTA: A-14 member Balochistan government spokesperson Shahid Rind said that a 14-member provincial cabinet will...

Published 19 Apr, 2024 05:07am

Reference against Sindh CM: AC adjourns hearing of SNPC-I and SNPC-II reference

ISLAMABAD: The Accountability Court, on Thursday, adjourned the hearing of the Sindh Nooriabad Power Companies...

Published 19 Apr, 2024 05:07am

Ambassador of EU pays courtesy call on PM

ISLAMABAD: The Ambassador of the European Union (EU) paid a courtesy call on the Prime Minister on Thursday, said a...

Published 19 Apr, 2024 05:07am

Bilawal condemns killing D I Khan incident

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari condemned the killing of six people ...

Published 19 Apr, 2024 05:07am

District, tehsil hospitals of Punjab: ChildLife Foundation launches innovative telemedicine network

LAHORE: Responding to the pressing need for accessible and high-quality emergency healthcare for the children in...

Published 19 Apr, 2024 05:07am

COAS for advancing existing military cooperation with Turkiye

RAWALPINDI: Chief of the Turkish General Staff General Metin Gürak on Thursday met with General Syed Asim Munir,...

Published 19 Apr, 2024 05:07am

CS for expediting Jamshoro-Sehwan dual carriageway project

HYDERABAD: Chief Secretary Sindh Syed Asif Hyder Shah held another meeting here to review the construction of the...

Published 19 Apr, 2024 05:07am

Canal fed area: 0.3m acres of land will be made available to farmers under LIMS

LAHORE: The Land Information Management System (LIMS) managed by the federal government and Pakistan army is aimed ...

Published 19 Apr, 2024 05:07am

JI chief announces nationwide anti-govt protest movement

LAHORE: Jamaat-e-Islami chief Hafiz Naeem-ur-Rehman has declared a nationwide protest movement against the ...

Published 19 Apr, 2024 05:07am

Mashreq announces three appointments

KARACHI: Mashreq Pakistan has announced appointments of Shamsulhaq Niaz as the Chief Digital Officer and Head of...

Published 19 Apr, 2024 05:07am

Int’l Layer Quality moot held: ‘Need for joint efforts to address poultry issues’

FAISALABAD: “It is need of the hour for the collaborated efforts to address the poultry issues including health,...

Published 19 Apr, 2024 05:07am

Politicians: Plea against attribution of buildings dismissed

LAHORE: The Lahore High Court on Thursday dismissed a petition being not maintainable filed against attribution of...

Published 19 Apr, 2024 05:07am

Success of Agripreneurs project: SCB, The British Asian Trust, partners celebrate

KARACHI: Standard Chartered Bank and The British Asian Trust, in collaboration with partners Shirakat and Sindh...

Published 19 Apr, 2024 05:07am

Trust land worth Rs40bn recovered: Sadal

LAHORE: Chairman One-Man Commission (OMC) Shoaib Sadal has said that Rs40 billion worth trust land has been ...

Published 19 Apr, 2024 05:07am

Sydney mall attack: Australia mulls citizenship for Pakistani guard

SYDNEY: Australia’s prime minister said Thursday he will consider granting citizenship to a Pakistani security...

Published 19 Apr, 2024 05:07am

Saudi Arabia had no role in PTI govt’s removal, says IK

ISLAMABAD: The incarcerated ex-prime minister and founding chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on...

Published 19 Apr, 2024 05:07am

Quetta, Gwadar submerged, roads washed away as stormy rains lash Balochistan

GWADAR: Continuous heavy rains have caused widespread destruction in Balochistan. Quetta and Gwadar submerged and...

Published 19 Apr, 2024 05:07am

Intelligence agencies: SC urged to order investigation into IHC judges’ allegations

ISLAMABAD: The Supreme Court has been requested to pass an order to probe the Islamabad High Court (IHC) judges’...

Published 19 Apr, 2024 05:07am

Five Customs personnel martyred in D I Khan

ISLAMABAD: Five officials of the Directorate of Intelligence & Investigation Customs (Peshawar) embraced...

Published 19 Apr, 2024 05:07am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (April 18, 2024). ==================================== BR...

Published 19 Apr, 2024 05:07am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (April 18, 2024). ======================================= Offset...

Published 19 Apr, 2024 05:07am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (April 18, 2024)...

Published 19 Apr, 2024 05:07am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 18, 2024)....

Published 19 Apr, 2024 05:07am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (April 18, 2024)....

Published 19 Apr, 2024 05:07am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (April 18, 2024). ======================== Open Bid ...

Published 19 Apr, 2024 05:07am

Forex

Open market rates of foreign currencies

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

Published 19 Apr, 2024 05:07am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (April 18, 2024). ========================== KIBOR...

Published 19 Apr, 2024 05:07am

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 Apr, 2024 05:07am

Rates

LME official prices

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

Published 19 Apr, 2024 05:07am

Energy

Oil holds near 3-week low

NEW YORK: Oil prices held near a three-week low on Thursday as investors weighed robust US jobs data and sanctions ...

Published 19 Apr, 2024 05:07am

Rates

Activities of Karachi Port Trust and Port Qasim

KARACHI: The Karachi Port Trust handled 105,209 tonnes of cargo comprising 96,148 tonnes of import cargo and 9,061...

Published 19 Apr, 2024 05:07am

Stocks

Indian shares extend fall as volatility rises before key earnings, elections

BENGALURU: Indian shares ended at four-week lows on Thursday, reversing intraday gains, as volatility spiked ahead ...

Published 19 Apr, 2024 05:07am

Stocks

Nikkei snaps losing streak as chip-sector stocks rebound

TOKYO: Japan’s Nikkei share average rose for the first time in four sessions on Thursday, as chip-sector shares...

Published 19 Apr, 2024 05:07am

Stocks

China stocks track Asian markets higher

SHANGHAI: China stocks tracked other Asian markets higher on Thursday, as investors assessed US interest rate...

Published 19 Apr, 2024 05:07am

Stocks

Industrials boost STOXX 600 as earnings season rolls in

PARIS: European shares rose on Thursday, boosted by industrials after Swiss engineering company ABB touched a record...

Published 19 Apr, 2024 05:07am

Stocks

Wall St ticks up on megacaps, earnings boost

NEW YORK: Wall Street’s main stock indexes gained on Thursday as investors cheered upbeat earnings across several...

Published 19 Apr, 2024 05:07am

Ending hopium — III

The energy sector needs significant investment in refinery, petrochemical, oil and gas storages and transmission...

Published 19 Apr, 2024 05:07am

Letters

The upcoming budget

According to a Business Recorder news item, Prime Minister Shehbaz Sharif has constituted an 11-member ministerial...

Published 19 Apr, 2024 05:07am

Energy

‘A resilient ESG strategy is no longer optional but a must’: KE CEO

KARACHI: “Businesses are aware of sustainability as a responsibility which must be integrated into their core...

Published 19 Apr, 2024 05:07am

PARTLY FACETIOUS: The letter ‘B’

“I want the letter B expunged from the English alphabet.” “Are you crazy! There are so many keywords that...

Published 19 Apr, 2024 05:07am

President for joint efforts to steer country out of crises

ISLAMABAD: President Asif Ali Zardari on Thursday stressed the need to make joint efforts to steer the country out ...

Published 19 Apr, 2024 05:07am

Zardari’s address: Joint sitting of parliament drowned in din

ISLAMABAD: President Asif Ali Zardari, Thursday, addressed a joint sitting of Parliament amid the protest of...

Published 19 Apr, 2024 05:07am

Rates

PSX closes on negative note

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

Published 19 Apr, 2024 05:07am

EFF programme, non-inflationary economic growth, and counter-cyclical policy approach

A recent ‘Transcript of Global Financial Stability Report April 2024 press briefing’, carried a rather very...

Published 19 Apr, 2024 05:07am

Section 7E: Constitutional validity

Taxing immoveable property and taxing income arising from immoveable property are two different concepts. The former...

Published 19 Apr, 2024 05:07am

Cotton & Textile

Spot rate loses Rs8,00 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Thursday decreased the spot rate by Rs...

Published 19 Apr, 2024 05:07am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (April 18, 2024)...

Published 19 Apr, 2024 05:07am

Commodities

Malaysian palm oil lower

BEIJING: Malaysian palm oil futures fell for a fifth straight session on Thursday, pressured by expectations of...

Published 19 Apr, 2024 05:07am

Commodities

Gold surges as escalating ME tensions bolster demand

BENGALURU: Safe-haven gold gained on Thursday as persistent tensions in the Middle East added to the metal’s ...

Published 19 Apr, 2024 05:07am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 28.222...

Published 19 Apr, 2024 05:07am

Commodities

Iron ore extends gains on expectations

BEIJING: Iron ore futures rose for a second straight session on Thursday, underpinned by heightened expectations of...

Published 19 Apr, 2024 05:07am

Commodities

Copper prices rally

LONDON: Copper prices climbed to the highest levels in 22 months on Thursday as funds extended their buying spree,...

Published 19 Apr, 2024 05:07am

Commodities

Japanese rubber futures drop

BEIJING/SINGAPORE: Japanese rubber futures fell for a second session on Thursday, tracking lower physicals amid...

Published 19 Apr, 2024 05:07am

Energy

MPCL successfully drills, tests 3rd appraisal well in Ghazij

KARACHI: Mari Petroleum Company Limited (MPCL) has successfully drilled and tested the third appraisal well in the...

Published 19 Apr, 2024 05:07am

Energy

Industries, CNG stations in Sindh: SSGC’s 24-hour gas holiday

KARACHI: Sui Southern Gas Company (SSGC) has announced 24-hour gas holiday for industries including their power...

Published 19 Apr, 2024 05:07am

Energy

SSGC continues to make inroads into gas theft cases

KARACHI: Sui Southern Gas Company (SSGC) continued to make inroads into gas theft cases through its regular raids in...

Published 19 Apr, 2024 05:07am

PM forms body to probe Matiari Transmission Line underutilisation

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a committee headed by Minister for Petroleum Senator...

Updated 19 Apr, 2024 09:34am

Dar hints at resumption of Pakistan-India trade ties?

ISLAMABAD: Foreign Minister Ishaq Dar on Thursday said that a decision on the resumption of trade with India will be...

Updated 19 Apr, 2024 09:25am

Appellate Tribunal: FBR issues guidelines for implementation of orders

ISLAMABAD: The Federal Board of Revenue (FBR) has laid down guidelines for the field formations for implementation...

Updated 19 Apr, 2024 09:24am

Taxes

FBR names officials for better FBR/PRAL liaison

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 25 focal persons in the field formations for...

Published 19 Apr, 2024 05:07am

PM seeks urgent plan to revamp transmission system, Discos

ISLAMABAD: Prime Minister Shehbaz Sharif has sought a plan on a priority basis for improvement in the transmission...

Updated 19 Apr, 2024 09:01am

Discos officials conniving with power thieves to face the music

ISLAMABAD: Minister for Power, Sardar Awais Ahmad Khan Leghari said on Thursday that Discos officials conniving with...

Updated 19 Apr, 2024 11:14pm

SBP’s reserves up $14.4m to $8.055bn

KARACHI: Despite repayment of dollar one billion external debt, the State Bank of Pakistan (SBP) successfully...

Updated 19 Apr, 2024 09:02am

Global investors apprised about upward forex trend

KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad has said that Pakistan’s external sector has stabilised...

Updated 19 Apr, 2024 09:02am

Minister rules out PKR devaluation

WASHINGTON: Finance Minister of Pakistan Muhammad Aurangzeb has ruled out any further significant rupee devaluation...

Updated 19 Apr, 2024 09:20am

Cotton & Textile

Faisalabad Yarn and Fiber Prices

FAISALABAD: Yarn Market Rates on Thursday (April 18, 2024) =========================== 6/S-7/S (COTTON)...

Published 19 Apr, 2024 05:07am

IMF tells Asian central banks not to follow Fed too closely

WASHINGTON: The International Monetary Fund urged Asian central banks to focus on domestic inflation and avoid tying...

Published 19 Apr, 2024 05:07am

Money & Banking

Asian currencies rise as dollar retreats

BENGALURU: Currencies in emerging markets gained on Thursday as the dollar rally took a breather, while the South...

Published 19 Apr, 2024 05:07am

Money & Banking

US dollar firmer after strong data

NEW YORK: The dollar drifted higher on Thursday as a mixed batch of US data did little to shake views that the...

Published 19 Apr, 2024 05:07am

Taxes

Tajir Dost Scheme: Major challenges in successful implementation highlighted

KARACHI: Lack of comprehensive consultation, technological and digital literacy gaps, difficulty in determining the...

Published 19 Apr, 2024 05:07am

CEO CBD Punjab steers Walton Railway Crossing flyover project toward triumph

LAHORE: Punjab Central Business District Development Authority (PCBDDA) is set to accomplish a significant milestone...

Published 19 Apr, 2024 05:07am

Cigarettes remain top revenue spinner of FED

Taxes

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 10	284.76
USD PKR Interbank Buying / Jul 10	284.56
USD to Japanese Yen / Jul 11	146.81
USD to Swiss Franc / Jul 11	0.80
Pound Sterling to USD / Jul 11	1.36
Euro to USD / Jul 11	1.17
UK LIBOR % / Jul 9	4.96

Stock	Volume
S&P 500 / Jul 10	6,280.46
Nasdaq / Jul 10	20,630.66
FTSE 100 / Jul 10	8,975.66
Dow Jones / Jul 10	44,650.64
Germany DAX 30 / Jul 10	24,456.81
France CAC40 / Jul 10	7,902.25
India Sensex / Jul 11	82,511.45
Tokyo Nikkei / Jul 11	39,569.68
Hang Seng / Jul 11	24,193.74

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 10	16,585
Gold 10 Grams PKR / Jul 10	304,098
Crude Oil USD/Barrel / Jul 11	67.08
Gold Spot USD/Ounce / Jul 11	3,339.24
Cotton US¢/pound / Jul 11	67.70
Petrol/Litre / Jul 12	266.79
Diesel/Litre / Jul 12	272.98

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Jul 11 First IBL Modaraba(FIBLM)	6.60 ▲ 1 (17.86%)
Premier Insurance / Jul 11 Premier Insurance Limited(PINL)	9.30 ▲ 1 (12.05%)
Pak. P.V.C. / Jul 11 Pakistan PVC Limited(PPVC)	11.39 ▲ 1.04 (10.05%)
Sally Textile / Jul 11 Sally Textile Mills Limited(SLYT)	12.73 ▲ 1.16 (10.03%)
Gammon Pak / Jul 11 Gammon Pakistan Limited(GAMON)	27.57 ▲ 2.51 (10.02%)
J.A.Textile / Jul 11 J.A. Textile Mills Limited(JATM)	32.74 ▲ 2.98 (10.01%)
Invest Bank / Jul 11 Invest Capital Investment Bank Limited(ICIBL)	13.64 ▲ 1.24 (10%)
Pakistan Cables / Jul 11 Pakistan Cables Limited(PCAL)	178.87 ▲ 16.26 (10%)
S.S.Oil / Jul 11 S.S.Oil Mills Limited(SSOM)	918.24 ▲ 83.48 (10%)
National Silk / Jul 11 The National Silk & Rayon Mills Limited(NSRM)	160.63 ▲ 14.6 (10%)

Stock	Price
Trust Mod. / Jul 11 Trust Modaraba(TRSM)	7.72 ▼ -1 (-11.47%)
Gatron Ind. / Jul 11 Gatron (Industries) Limited(GATI)	167.13 ▼ -18.57 (-10%)
Beco Steel Ltd / Jul 11 Beco Steel Limited(BECO)	26 ▼ -2.89 (-10%)
Kohinoor Mills / Jul 11 Kohinoor Mills Limited(KML)	81.20 ▼ -9.01 (-9.99%)
J.K.Spinning / Jul 11 J.K. Spinning Mills Limited(JKSM)	113.26 ▼ -12.41 (-9.88%)
EMCO Industries / Jul 11 Emco Industries Limited(EMCO)	40.89 ▼ -3.86 (-8.63%)
B. F. Modaraba / Jul 11 B.F. Modaraba(BFMOD)	10.31 ▼ -0.94 (-8.36%)
Apna Microfin. / Jul 11 Apna Microfinance Bank Limited(AMBL)	11.96 ▼ -1.06 (-8.14%)
First Treet Manuf / Jul 11 First Treet Manufacturing Modaraba(FTMM)	19.66 ▼ -1.71 (-8%)
Kohat Textile / Jul 11 Kohat Textile Mills Limited(KOHTM)	80.99 ▼ -6.54 (-7.47%)

Stock	Volume
B.O.Punjab / Jul 11 The Bank of Punjab(BOP)	94,039,248 ▲ 0.06
Aisha Steel Mill / Jul 11 Aisha Steel Mills Limited(ASL)	24,816,886 ▲ 0.43
Kohinoor Spining / Jul 11 Kohinoor Spinning Mills Limited(KOSM)	23,497,446 ▼ -0.21
WorldCall Telecom / Jul 11 Worldcall Telecom Limited(WTL)	22,553,486 ▼ -0.04
Hascol Petrol / Jul 11 Hascol Petroleum Limited(HASCOL)	19,016,666 ▼ -0.12
Azgard Nine / Jul 11 Azgard Nine Limited(ANL)	18,507,753 ▼ -0.28
Dewan Motors / Jul 11 Dewan Farooque Motors Limited(DFML)	18,340,550 ▲ 0.76
Pak Elektron / Jul 11 Pak Elektron Limited(PAEL)	15,874,245 ▲ 1.24
Image Pakistan / Jul 11 Image Pakistan Limited(IMAGE)	15,512,673 ▲ 0.89
Fauji Cement / Jul 11 Fauji Cement Company Limited(FCCL)	14,317,455 ▲ 0.48

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