News Archives for Print - 2024-07-11

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Print - 2024-07-11

Stocks

Japan’s Nikkei rises to record high

TOKYO: Japan’s Nikkei share average rose to an intraday peak in a choppy session on Wednesday as financial shares...

Published 11 Jul, 2024 07:40am

The Weather

KARACHI: The weather report on Wednesday (July 10, 2024) and the forecast for Thursday (July 11 2024)...

Published 11 Jul, 2024 07:37am

Israeli army orders evacuation of battle-torn Gaza City

GAZA STRIP: Israel’s army dropped thousands of leaflets over war-torn Gaza City on Wednesday urging all residents...

Published 11 Jul, 2024 07:37am

China seeks to boost Shanghai bloc to counter the West

BEIJING: China is seeking to strengthen its leadership of an expanding bloc of nations it sees as a potential...

Published 11 Jul, 2024 07:37am

CPJ urges Taliban to allow private radio station to resume work

NEW YORK: The Taliban must cease their relentless crackdown on independent media in Afghanistan and allow the...

Published 11 Jul, 2024 07:37am

43 sentenced to life for ‘terror’ links in UAE mass trial

DUBAI: A court in the United Arab Emirates has handed life sentences to 43 Emiratis for “terrorist” links, state...

Published 11 Jul, 2024 07:37am

NATO begins sending F-16 jets to Ukraine as Biden leads summit

WASHINGTON: NATO allies announced Wednesday they had started the long-promised transfer of F-16 jets to Ukraine as...

Published 11 Jul, 2024 07:37am

Denmark to introduce world’s first livestock carbon tax

COPENHAGEN: Denmark will introduce the world’s first carbon tax on livestock, a unique measure designed to bring...

Published 11 Jul, 2024 07:37am

NA panel approves SOEs bill by majority vote

ISLAMABAD: Amid serious concerns of some committee members about the performance of the power sector, a meeting of...

Published 11 Jul, 2024 07:37am

NHP for Wapda doubled for onward payment to KP

ISLAMABAD: The federal government has increased the amount of net hydel profit (NHP) for the Water and Power...

Published 11 Jul, 2024 07:37am

Chinese citizens: timely completion of security audit ordered

ISLAMABAD: The Core Committee on Security of Chinese (CCSC) on Wednesday reviewed the security of Chinese citizens ...

Published 11 Jul, 2024 07:37am

Rightsizing initiative: Five ministries given July 12 deadline to respond

KARACHI: Five federal ministries have been identified as the initial focus of a comprehensive rightsizing initiative...

Published 11 Jul, 2024 07:37am

Justice Jahangiri receives suspicious calls, messages?

ISLAMABAD: The Islamabad High Court (IHC) judge Justice Tariq Mehmood Jahangiri received “suspicious calls and...

Published 11 Jul, 2024 07:37am

Hunger strike: IK says he has not taken ‘final’ decision

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan on Wednesday said that he has yet not...

Published 11 Jul, 2024 07:37am

Court approves prosecution’s plea seeking transfer of case against Gandapur

ISLAMABAD: A local court on Wednesday approved a prosecution’s plea seeking the transfer of the illegal weapons ...

Published 11 Jul, 2024 07:37am

IK urges CJP to ‘uphold’ principle of impartiality

ISLAMABAD: Former prime minister Imran Khan has asked Chief Justice Qazi Faez Isa to uphold the principle of...

Published 11 Jul, 2024 07:37am

15 killed as jeep plunges into ditch

MUZAFFARABAD: As many as 15 people died and another four injured when their jeep plunged into a river in Neelum...

Published 11 Jul, 2024 07:37am

IFRP suspension: FO rejects UNHCR statement

ISLAMABAD: The Foreign Office on Wednesday contradicted the statement by the UN High Commissioner for Refugees...

Published 11 Jul, 2024 07:37am

Non-availability of connectivity: POs have not sent snapshots of results to RO, ET told

ISLAMABAD: The Election Commission of Pakistan (ECP) informed an Election Tribunal of the Islamabad High Court (IHC)...

Published 11 Jul, 2024 07:37am

Newspaper holiday

KARACHI: All Pakistan Newspapers Society (APNS) will observe one closed holiday on account of “ASHURA” on...

Published 11 Jul, 2024 07:37am

ATC extends judicial remand of Qureshi

LAHORE: An Anti-Terrorism Court (ATC) on Wednesday extended judicial remand of PTI leader Shah Mahmood Qureshi for...

Published 11 Jul, 2024 07:37am

Cloudy weather likely in GB

Islamabad: National Disaster Management Authority (NDMA)'s National Emergencies Operation Centre anticipated that...

Published 11 Jul, 2024 07:37am

Iddat case: Court seeks arguments on Maneka’s pleas

ISLAMABAD: A local court hearing the Iddat case against Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan...

Published 11 Jul, 2024 07:37am

Gen Sahir discusses military cooperation with Russian officials

RAWALPINDI: General Sahir Shamshad Mirza, Chairman Joint Chiefs of Staff Committee, on official visit to Russia, ...

Published 11 Jul, 2024 07:37am

Governor vows to improve governance, standard of universities

LAHORE: Punjab Governor, Sardar Saleem Haider Khan has expressed his resolve to play his role for improving the...

Published 11 Jul, 2024 07:37am

Indictment of Elahi deferred till Aug 20th

LAHORE: A special court (central) on Wednesday deferred the indictment of PTI President Parvez Elahi again till...

Published 11 Jul, 2024 07:37am

JI demands cleaning gutters ahead of rains

KARACHI: Jamaat-e-Islami (JI) Karachi on Wednesday lashed out at the ruling PPP for failing to unclog the storm ...

Published 11 Jul, 2024 07:37am

LHC discharges Sanam Javed in May 9 riots case

LAHORE: The Lahore High Court on Wednesday discharged PTI activist Sanam Javed in a case of May 9 riots registered...

Published 11 Jul, 2024 07:37am

Minister for implementing uniform sanitation system

LAHORE: Punjab Local Government Minister Zeeshan Rafiq has said that implementing a uniform sanitation system in the...

Updated 11 Jul, 2024 07:58am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (July 10, 2024). ==================================== BR...

Published 11 Jul, 2024 07:37am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (July 10, 2024). ======================================= Offset...

Published 11 Jul, 2024 07:37am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (July 10, 2024)...

Published 11 Jul, 2024 07:37am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 10, 2024)....

Published 11 Jul, 2024 07:37am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (July 10, 2024)....

Published 11 Jul, 2024 07:37am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (July 10, 2024). ======================== Open Bid ...

Published 11 Jul, 2024 07:37am

Forex

Open market rates of foreign currencies

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

Published 11 Jul, 2024 07:37am

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 11 Jul, 2024 07:37am

Rates

LME official prices

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

Published 11 Jul, 2024 07:37am

Cotton & Textile

Modest business on cotton market

LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained satisfactory. Cotton...

Published 11 Jul, 2024 07:37am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (July 10, 2024)...

Published 11 Jul, 2024 07:37am

Commodities

Gold rises on Fed rate-cut expectations

BENGALURU: Gold prices rose on Wednesday after comments from Federal Reserve Chair Jerome Powell raised expectations...

Published 11 Jul, 2024 07:37am

Rates

Activities at Karachi Port Trust and Port Qasim

KARACHI: The Karachi Port Trust handled 131,908 tonnes of cargo comprising 32996 tonnes of import cargo and 53,718...

Published 11 Jul, 2024 07:37am

Commodities

Copper prices rebound as dollar dips

LONDON: Copper prices in London rose for the first time in three sessions on Wednesday with support from a weaker...

Published 11 Jul, 2024 07:37am

Commodities

PMEX daily trading report

KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 21.123 billion...

Published 11 Jul, 2024 07:37am

Commodities

Japanese rubber futures higher

SINGAPORE: Japanese rubber futures reversed course to end higher on Wednesday, helped by a weaker yen, although soft...

Published 11 Jul, 2024 07:37am

Commodities

Soyabean futures easier on strong US crop prospects

CHICAGO: Chicago Board of Trade soybean futures fell to a 2020 low on Wednesday, while corn hovered near a four-year...

Published 11 Jul, 2024 07:37am

Energy

Oil gains on supportive US stockpile data

HOUSTON: Oil prices rose on Wednesday after a jump in US refining activity last week prompted a bigger draw than...

Published 11 Jul, 2024 07:37am

Commodities

Malaysian palm oil futures extend losses on rising stocks

MUMBAI: Malaysian palm oil futures extended losses on Wednesday as inventories rose to a four-month high in June and...

Published 11 Jul, 2024 07:37am

Energy

US natgas prices ease on rising output

NEW YORK: US natural gas futures eased about 1% on Wednesday on recent increases in output, a drop in the amount of...

Published 11 Jul, 2024 07:37am

Stocks

China stocks fall on weak inflation data

SHANGHAI: China stocks closed down on Wednesday, after data showed the country’s consumer prices grew for a fifth...

Published 11 Jul, 2024 07:37am

Stocks

European shares rise on real estate boost

PARIS: European shares advanced on Wednesday amid broad-based gains and upbeat corporate updates while investors...

Published 11 Jul, 2024 07:37am

Stocks

Nvidia-led megacap charge buoys Wall Street

NEW YORK: Wall Street rose on Wednesday, with the Nasdaq and S&P 500 again touching record highs as strength in...

Published 11 Jul, 2024 07:37am

Money & Banking

Indian rupee ends lower

MUMBAI: The Indian rupee ended marginally lower on Wednesday due to slight pressure from importers’ dollar bids,...

Published 11 Jul, 2024 07:37am

Money & Banking

Yuan slumps to near 8-month low

SHANGHAI: China’s yuan slid to nearly eight-month lows against the US dollar on Wednesday, after data showed the...

Published 11 Jul, 2024 07:37am

Money & Banking

Dollar dips against euro

NEW YORK: The dollar dipped against the euro on Wednesday before Federal Reserve Chair Jerome Powell is due to...

Published 11 Jul, 2024 07:37am

Commodities

US tightens steel, aluminum import rules to curb China tariff evasion

WASHINGTON: The United States unveiled stricter rules Wednesday on steel and aluminum imports from Mexico, moving to...

Published 11 Jul, 2024 07:37am

Energy

OPEC sees world oil demand rising by 2.25m bpd in 2024

MOSCOW/LONDON: OPEC stuck to its forecast for relatively strong growth in global oil demand in 2024 and next year,...

Published 11 Jul, 2024 07:37am

Industry

KATI demands cut in electricity rate to 9 cents/kw

KARACHI: Johar Qandhari, President of the Korangi Association of Trade and Industry (KATI), has pointed out that the...

Published 11 Jul, 2024 07:37am

Taxes

KPRA surpasses revenue target by Rs6.77bn

PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has successfully collected Rs41.77 billion against the...

Published 11 Jul, 2024 07:37am

Middle class on a spinning wheel

Benjamin Franklin’s famous quote, “In this world, nothing can be said to be certain except death and taxes,”...

Published 11 Jul, 2024 07:37am

Taxes

Alternative medicines: PCDA seeks withdrawal of 18pc GST immediately

KARACHI: The Pakistan Chemists and Druggists Association (PCDA) strongly condemned the imposition of an 18% general...

Published 11 Jul, 2024 07:37am

Commodities

Gold prices rise

KARACHI: The local gold prices on Wednesday saw a slight rise but silver remained unchanged, traders said. The...

Published 11 Jul, 2024 07:37am

Letters

‘Modi’s visit to Russia: likely impact on Pakistan’

This is apropos my letter to the Editor titled ‘Modi’s visit to Russia: impact on Pakistan’ carried by the...

Published 11 Jul, 2024 07:37am

Minister, S&P delegation discuss current economic situation

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Wednesday held a meeting with the delegation of Standard &...

Published 11 Jul, 2024 07:37am

Malir Expressway: Murad orders completion of first phase on Aug 14

KARACHI: Sindh Chief Minister Syed Murad Ali Shah reviewing the progress of major development works in progress in...

Published 11 Jul, 2024 07:37am

PFA disposes of 900kg mangoes

LAHORE: The Punjab Food Authority (PFA) disposed of 900 kilograms of mangoes on Wednesday for using calcium carbide...

Published 11 Jul, 2024 07:37am

PITB concludes blood camp drive

LAHORE: The Punjab Information Technology Board (PITB) has concluded its two-day blood camp drive, organized in...

Published 11 Jul, 2024 07:37am

US CG Peshawar inaugurates Malakand English Scholarship Programme

PESHAWAR: US Consulate General Peshawar held an opening ceremony for the University of Malakand’s English Access...

Published 11 Jul, 2024 07:37am

Railways urges govt to include pensioners in national account

ISLAMABAD: Pakistan Railways has requested the federal government to include railway pensioners in the national...

Published 11 Jul, 2024 07:37am

Industry

Seventh Agricultural Census 2024 inaugurated

ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal inaugurated the Seventh...

Published 11 Jul, 2024 07:37am

Industry

Industry leaders unite for urgent implementation of CTBCM regime

KARACHI: In a significant show of unity, leading industrial chambers and associations came together at a...

Published 11 Jul, 2024 07:37am

Industry

TDAP to participate in Heimtextil exhibition

KARACHI: Trade Development Authority of Pakistan (TDAP) will participate in the world’s largest home and contract...

Published 11 Jul, 2024 07:37am

Industry

OICCI survey: Foreign investors concerned at security situation

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI), has released the results of its latest...

Published 11 Jul, 2024 07:37am

Companies

CCP clears merger: Nimir acquiring certain assets of P&G

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved a merger within the consumer care market. The...

Published 11 Jul, 2024 07:25am

PTA too against pegging spectrum with US dollar

ISLAMABAD: Pakistan Telecommunication Authority (PTA) supports the idea to not peg spectrum with the US dollar at ...

Published 11 Jul, 2024 07:24am

Companies

Systems Ltd hosts British HC

LAHORE: Systems Limited, Pakistan’s leading provider of IT and IT-Enabled Services in Pakistan, had the distinct...

Published 11 Jul, 2024 07:19am

Housing projects: meeting reviews progress

ISLAMABAD: Under the chairmanship of Director General Capt Muhammad Zafar Iqbal (retd), an All Project Progress...

Published 11 Jul, 2024 07:14am

Energy

Monsoon: Iesco staff put on high alert

ISLAMABAD: Iesco field formations have been put on high alert due to the monsoon rains. Iesco Chief Executive ...

Published 11 Jul, 2024 07:10am

KP govt to extend BRT service from Chamkani to Pabbi

PESHSWAR: The government of Khyber Pakhtunkhwa has decided on Wednesday to extend BRT service from Chamkani to Pabbi...

Published 11 Jul, 2024 07:08am

New financial landscape: Importance of upskilling treasury professionals stressed

KARACHI: Deputy Governor of the State Bank of Pakistan (SBP), Dr. Inayat Hussain Wednesday said continuous ...

Published 11 Jul, 2024 06:35am

Companies

Jazz Digital Squad’s grand finale concludes

ISLAMABAD: Pakistan's largest Data Hackathon, the Jazz Digital Squad, has concluded with a grand finale in ...

Published 11 Jul, 2024 06:35am

Taxes

Transfers, postings in FBR

ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday transferred and posted 25 officials of Pakistan Customs...

Published 11 Jul, 2024 06:35am

Industry

NKATI president urges govt to lend a helping hand to SMEs

KARACHI: Faisal Moiz Khan, President of the North Karachi Association of Trade & Industry (NKATI), has called...

Published 11 Jul, 2024 06:35am

Industry

Fruit and Vegetables Association team meets LCCI chief

LAHORE: A delegation from the Fruit and Vegetables Association held a meeting with Kashif Anwar, President of the...

Published 11 Jul, 2024 06:32am

Credit cards under ‘Kissan Card’ scheme will be available by Aug 10

LAHORE: The Secretary Agriculture Punjab, Iftikhar Ali Sahoo, said here on Wednesday that the credit cards to be...

Published 11 Jul, 2024 06:30am

Nawaz seeks reorganisation of PML-N

LAHORE: Pakistan Muslim League-Nawaz (PML-N) President Mian Nawaz Sharif is going to start direct contacts with the...

Published 11 Jul, 2024 06:27am

CS directs departments to submit PC-1 under ADP by 31st

LAHORE: Chief Secretary Punjab Zahid Akhtar Zaman, on Wednesday, directed the provincial departments to submit the...

Published 11 Jul, 2024 06:24am

Energy

Costly electricity: FESCO says trying to compensate consumers through minimum line losses, uninterrupted power supply

FAISALABAD: Faisalabad Electric Supply Company (FESCO) is trying its optimum best to compensate its consumers for...

Published 11 Jul, 2024 06:21am

Stocks

PSX holidays

KARACHI: Pakistan Stock Exchange Limited (PSX) will remain closed on Tuesday, July 16, 2024 and Wednesday, July 17,...

Published 11 Jul, 2024 06:20am

JI to stage sit-in against power tariffs on 12th

LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem Ur Rehman has called on the government to reduce electricity tariffs,...

Published 11 Jul, 2024 06:16am

Taxes

Rates

PSX closes deep in the red

KARACHI: Pakistan Stock Exchange on Wednesday opened on a positive note, however failed to continue this trend and...

Published 11 Jul, 2024 05:14am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 10	284.60
USD PKR Interbank Buying / Jul 10	284.40
USD to Japanese Yen / Jul 10	146.33
USD to Swiss Franc / Jul 10	0.79
Pound Sterling to USD / Jul 10	1.36
Euro to USD / Jul 10	1.17
UK LIBOR % / Jul 9	4.96

Stock	Volume
S&P 500 / Jul 9	6,263.26
Nasdaq / Jul 9	20,608.23
Dow Jones / Jul 9	44,458.30
India Sensex / Jul 10	83,178.25
Tokyo Nikkei / Jul 10	39,635.72
Hang Seng / Jul 10	23,993.59
FTSE 100 / Jul 10	8,954.79
Germany DAX 30 / Jul 10	24,594.32
France CAC40 / Jul 10	7,915.95

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 9	16,585
Gold 10 Grams PKR / Jul 9	301,354
Petrol/Litre / Jul 10	266.79
Crude Oil USD/Barrel / Jul 10	68.49
Gold Spot USD/Ounce / Jul 10	3,325.15
Diesel/Litre / Jul 10	272.98
Cotton US¢/pound / Jul 10	67.73

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Jul 10 First IBL Modaraba(FIBLM)	5.60 ▲ 1 (21.74%)
Dewan Farooque Sp. / Jul 10 Dewan Farooque Spinning Mills Limited(DFSM)	7.61 ▲ 1 (15.13%)
Premier Insurance / Jul 10 Premier Insurance Limited(PINL)	8.30 ▲ 1 (13.7%)
Kohinoor Ind. / Jul 10 Kohinoor Industries Limited(KOIL)	14.80 ▲ 1.35 (10.04%)
Azgard Nine / Jul 10 Azgard Nine Limited(ANL)	12.71 ▲ 1.16 (10.04%)
Habib Insurance / Jul 10 Habib Insurance Company Limited(HICL)	11.52 ▲ 1.05 (10.03%)
Invest Bank / Jul 10 Invest Capital Investment Bank Limited(ICIBL)	12.40 ▲ 1.13 (10.03%)
Beco Steel Ltd / Jul 10 Beco Steel Limited(BECO)	28.89 ▲ 2.63 (10.02%)
J.A.Textile / Jul 10 J.A. Textile Mills Limited(JATM)	29.76 ▲ 2.71 (10.02%)
Zahid Jee Textile / Jul 10 Zahidjee Textile Mills Limited(ZAHID)	85.54 ▲ 7.78 (10.01%)

Stock	Price
TPL Trakker Ltd / Jul 10 TPL Trakker Limited(TPLT)	8.02 ▼ -1 (-11.09%)
Trust Mod. / Jul 10 Trust Modaraba(TRSM)	8.72 ▼ -1 (-10.29%)
Hussain Industries / Jul 10 Husein Industries Limited(HUSI)	27.02 ▼ -2.98 (-9.93%)
F.Credit & Inv / Jul 10 First Credit and Investment Bank Limited(FCIBL)	16.14 ▼ -1.78 (-9.93%)
LSE Financial Serv. / Jul 10 LSE Financial Services Limited(LSEFSL)	30.73 ▼ -3.21 (-9.46%)
Pak Datacom / Jul 10 Pak Datacom Limited(PAKD)	296.39 ▼ -30.08 (-9.21%)
Apna Microfin. / Jul 10 Apna Microfinance Bank Limited(AMBL)	13.02 ▼ -1.3 (-9.08%)
Din Tex. / Jul 10 Din Textile Mills Limited(DINT)	104.34 ▼ -10.26 (-8.95%)
Ashfaq Textile / Jul 10 Ashfaq Textile Mills Limited(ASHT)	24.10 ▼ -2.25 (-8.54%)
Haseeb Waqas / Jul 10 Haseeb Waqas Sugar Mills Limited(HWQS)	20.66 ▼ -1.87 (-8.3%)

Stock	Volume
B.O.Punjab / Jul 10 The Bank of Punjab(BOP)	155,383,258 ▲ 1.14
Kohinoor Spining / Jul 10 Kohinoor Spinning Mills Limited(KOSM)	55,106,065 ▲ 0.24
Hascol Petrol / Jul 10 Hascol Petroleum Limited(HASCOL)	33,301,219 ▲ 0.61
Fast Cables / Jul 10 Fast Cables Limited(FCL)	32,727,552 ▲ 1.07
WorldCall Telecom / Jul 10 Worldcall Telecom Limited(WTL)	22,770,600 ▼ -0.03
Ghani Chemworld / Jul 10 Ghani Chemworld Limited(GCWL)	21,479,803 ▼ -0.78
Invest Bank / Jul 10 Invest Capital Investment Bank Limited(ICIBL)	20,957,143 ▲ 1.13
Aisha Steel Mill / Jul 10 Aisha Steel Mills Limited(ASL)	19,672,118 ▲ 0.26
Big Bird Foods / Jul 10 Big Bird Foods Limited(BBFL)	17,334,565 ▲ 1.79
Secure Logistics / Jul 10 Secure Logistics Group Limited(SLGL)	16,386,212 ▲ 0.41

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