News Archives for Print - 2024-07-19

<<>>

Print - 2024-07-19

Europe

UK’s Starmer pledges European reset at summit

WOODSTOCK (United Kingdom): UK Prime Minister Keir Starmer on Thursday vowed to rebuild trust with European allies...

Published 19 Jul, 2024 06:58am

Rates

BRIndex100 and BR Sectoral Indices

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

Published 19 Jul, 2024 06:58am

Paper

Lahore Paper Market Rates

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

Published 19 Jul, 2024 06:58am

Grains

Lahore Grain Market Rates

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

Published 19 Jul, 2024 06:58am

Rates

Shipping Intelligence

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

Published 19 Jul, 2024 06:58am

Forex

Kerb buying and selling rate of US dollar

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

Published 19 Jul, 2024 06:58am

Forex

Dollar's rate in interbank market

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

Published 19 Jul, 2024 06:58am

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 Jul, 2024 06:58am

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 Jul, 2024 06:58am

Rates

LME official prices

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

Published 19 Jul, 2024 06:58am

The Weather

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

Published 19 Jul, 2024 06:58am

Pakistan 5th most populous country with population of 241.49m: report

ISLAMABAD: Pakistan is the 5th most populous country in the world with a total population of 241.49 million with an...

Published 19 Jul, 2024 06:58am

Industry

KATI opposes hike in petrol, power prices

KARACHI: Korangi Association of Trade and Industry (KATI) President Johar Qandhari has strongly opposed the recent...

Published 19 Jul, 2024 06:58am

NUST holds National Engineering Robotics Contest 2024

RAWALPINDI: As part of its efforts to promote Robotics in Pakistan, NUST College of EME has been holding the ...

Published 19 Jul, 2024 06:58am

Interior ministry launches National Drugs Survey

ISLAMABAD: Two years after its launch, the federal government, yet again, has launched the National Drugs Survey,...

Published 19 Jul, 2024 06:58am

Up-gradation of ML-1 to be completed in phases under CPEC: Ahsan

ISLAMABAD: Minister for Planning and Development Ahsan Iqbal has said the upgradation of the Pakistan Railway ML-1...

Published 19 Jul, 2024 06:58am

CM for floating tender for protection works to safeguard CRBC

PESHAWAR: A high-level meeting of the Irrigation Department Khyber Pakhtunkhwa held here with Chief Minister Sardar...

Published 19 Jul, 2024 06:58am

New Toshakhana reference: Imran, Bushra challenge their arrest in IHC

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his wife Bushra Bibi, Thursday, moved the Islamabad...

Published 19 Jul, 2024 06:58am

TLP sit-in creates traffic jam in Islamabad, Pindi

ISLAMABAD: Major roads of the twin cities of Islamabad and Rawalpindi witnessed a traffic jam especially in peak...

Published 19 Jul, 2024 06:58am

PTI, SIC parliamentary party concerned over ad hoc SC judges’ appointment

ISLAMABAD: The joint parliamentary party of Pakistan Tehreek-e-Insaf (PTI) and Sunni Ittehad Council (SIC) expressed...

Published 19 Jul, 2024 06:58am

IHC declares arrest of Sanam Javaid illegal

ISLAMABAD: The Islamabad High Court (IHC), Thursday, declared the arrest of Pakistan Tehreek-e-Insaf (PTI) activist...

Published 19 Jul, 2024 06:58am

PR increases fares of all passenger trains

LAHORE: The Pakistan Railways has decided to increase the fares of all passenger trains, with effect from Friday...

Published 19 Jul, 2024 06:58am

No monsoon rains so far: PMD

LAHORE: Pakistan has witnessed no monsoon rains so far due to non-development of monsoon system in the Bay of ...

Published 19 Jul, 2024 06:58am

Commodities

Asia rice: Rates ease as India likely to relax export curbs

BENGALURU/ MUMBAI/BANGKOK/HANOI: Indian rice export prices fell further this week on expectations that New Delhi...

Published 19 Jul, 2024 06:58am

Cotton & Textile

Firm trend on cotton market

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

Published 19 Jul, 2024 06:58am

Cotton & Textile

Cotton spot rates

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

Published 19 Jul, 2024 06:58am

Rates

Activities at Karachi Port Trust and Port Qasim

KARACHI: The Karachi Port Trust handled 85,631 tonnes of cargo comprising 61,964 tonnes of import cargo and 23,667...

Published 19 Jul, 2024 06:58am

Energy

Oil steadies as economic slowdown signals contend with US rate-cut hopes

NEW YORK: Oil prices were roughly flat on Thursday as investors wrestled with mixed signals about crude demand, with...

Published 19 Jul, 2024 06:58am

IK moves LHC against physical remand

LAHORE: The former PTI chairman Imran Khan on Thursday approached the Lahore High Court against his ten-day physical...

Published 19 Jul, 2024 06:58am

South Asia

32 dead in Bangladesh unrest, protesters set fire to state TV network

DHAKA: Bangladeshi students set fire to the country’s state broadcaster on Thursday, a day after Prime Minister...

Published 19 Jul, 2024 06:58am

Interest Rates

ECB keeps rates unchanged

FRANKFURT: The European Central Bank kept interest rates unchanged as expected on Thursday, with its president...

Published 19 Jul, 2024 06:58am

Pacific islands, Japan strongly oppose status quo change by force

TOKYO: Pacific island states and Japan on Thursday said they “expressed strong opposition to any unilateral...

Published 19 Jul, 2024 06:58am

Asia

China’s leaders vow to fight ‘risks’ plaguing economy

BEIJING: Beijing’s leaders vowed Thursday to resolve “risks” plaguing China’s economy, but were yet to offer...

Updated 19 Jul, 2024 07:27am

Central Paris locks down for Olympics as athletes arrive

PARIS: Thousands of French security forces locked down a six-kilometre (four-mile) stretch of central Paris on...

Published 19 Jul, 2024 06:58am

Stocks

Japan’s Nikkei tumbles amid global chip sell-off

TOKYO: Japan’s Nikkei share average tumbled more than 2% on Thursday, as chip-related stocks joined a global...

Published 19 Jul, 2024 06:58am

Stocks

China stocks close higher ahead of policy announcements

SHANGHAI: China stocks closed higher after struggling for direction on Thursday, as investors cautiously awaited...

Published 19 Jul, 2024 06:58am

Stocks

European shares end marginally lower

PARIS: European shares ended lower on Thursday as a continued selloff of chip stocks kept a lid on gains brought on...

Published 19 Jul, 2024 06:58am

Stocks

Wall Street falls as investors look beyond megacap shares

NEW YORK: Wall Street’s major indexes reversed early gains on Thursday after a brief rebound in chip and megacap...

Published 19 Jul, 2024 06:58am

‘Youm-e-Ashur’ observed peacefully amid tight security

PESHAWAR: Youm-e-Ashur, the tenth of Muharram, was observed amid tight security arrangements in different districts...

Published 19 Jul, 2024 06:58am

Taxes

PFVA demands resumption of FTR for food security

KARACHI: Fruit and Vegetable exporters urged the federal government for resumption of the fixed tax regime to ...

Published 19 Jul, 2024 06:58am

Industry

President PCJCCI for cancelling agreements with IPPs

LAHORE: President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) urged to cancel all agreements with...

Published 19 Jul, 2024 06:58am

Commodities

Chicago wheat futures climb on strong demand

SINGAPORE: Chicago wheat futures gained more ground on Thursday, buoyed by rising demand from importers, after the...

Published 19 Jul, 2024 06:58am

Commodities

Copper falls on lack of impetus from China

LONDON: Copper prices neared three-month lows on Thursday without new stimulus from a key political meeting in China...

Published 19 Jul, 2024 06:58am

Commodities

Gold extends record rally on Fed rate-cut bets

NEW YORK: Gold prices notched up an all-time high on Wednesday, as growing optimism for an interest-rate cut from ...

Published 19 Jul, 2024 06:58am

Commodities

Asia coffee: Trade remains quiet in Vietnam, supplies build up in Indonesia

HANOI/BANDAR LAMPUNG, (Indonesia): Trading activity in Vietnam remained sluggish amid low supplies and high asking...

Published 19 Jul, 2024 06:58am

Commodities

Dalian iron ore falls on weakening steel market

SINGAPORE: Dalian iron ore futures prices extended losses on Thursday, dragged down by the weakening steel market in...

Published 19 Jul, 2024 06:58am

Commodities

Japanese rubber futures slide on global trade tensions

SINGAPORE: Japanese rubber futures fell on Thursday, weighed down by the prospect of mounting trade tensions between...

Published 19 Jul, 2024 06:58am

Commodities

Malaysian palm oil higher on stronger rivals, bargain buying

KUALA LUMPUR: Malaysian palm oil futures edged higher on Thursday for a third straight session, buoyed by stronger...

Published 19 Jul, 2024 06:58am

Money & Banking

Asian currencies: Yen at six-week high

BENGALURU: Technology-heavy stock indexes of South Korea and Taiwan fell sharply on Thursday, after reports that the...

Published 19 Jul, 2024 06:58am

FPCCI demands govt to renegotiate IPPs agreements

KARACHI: The FPCCI Standing Committee on Energy has demanded that the government renegotiate IPPs agreements to save...

Published 19 Jul, 2024 06:58am

Companies

ABL launches K2 Expedition 2024

KARACHI: Allied Bank Limited (ABL) announces the launch of its K2 Expedition 2024, an initiative that merges the...

Published 19 Jul, 2024 06:58am

Energy

Petroleum group imports witness negative growth during FY2023-24

ISLAMABAD: Petroleum group imports witnessed a negative growth of 0.61 percent during the fiscal year 2023-24 and...

Published 19 Jul, 2024 06:56am

SDSB reaccredited by AACSB International

LAHORE: AACSB International Board of Directors has extended the accreditation for the degree programmes offered by...

Published 19 Jul, 2024 06:46am

Energy

KE establish 309 facilitation camps during FY24

KARACHI: Timely payment of bills and reduction in power theft are pivotal for uninterrupted supply of electricity. ...

Published 19 Jul, 2024 06:39am

Commodities

Gold at new highs

KARACHI: The local gold prices on Thursday touched all-time highs, reflecting a surge in the global bullion value,...

Published 19 Jul, 2024 06:38am

Money & Banking

Habib Metropolitan Bank declares PLS profit rates

KARACHI: The Habib Metropolitan Bank has declared the following profits rates on PLS deposits for half year ended on...

Published 19 Jul, 2024 06:35am

Energy

Chinese photovoltaic co launches products in Pakistan

LAHORE: A Chinese photovoltaic company with global presence Thursday announced the introduction of its innovative...

Published 19 Jul, 2024 06:33am

Governor visits routes of Ashura procession

LAHORE: Punjab Governor, Sardar Saleem Haider Khan, visited the routes of Ashura procession in Raja Bazar, ...

Published 19 Jul, 2024 06:30am

IK approaches LHC against physical remand

LAHORE: The former PTI chairman Imran Khan on Thursday approached the Lahore High Court against his ten-day physical...

Published 19 Jul, 2024 06:30am

Industry

Sweeping powers to FBR: KCCI complain senate body of harmful effect on business

KARACHI: Clamour over "sweeping" powers to the FBR on Thursday rattled the KCCI meeting with the Senate standing...

Published 19 Jul, 2024 06:27am

LDA to launch education & health cities soon

LAHORE: The Lahore Development Authority will launch the first education city and health city in the provincial...

Published 19 Jul, 2024 06:25am

LHC directs to demolish brick kilns using old technology & emitting black smoke

LAHORE: The Lahore High Court directed to demolish the brick kilns using old technology and emitting black smoke. ...

Published 19 Jul, 2024 06:23am

Denial of bail: LHC directs to fix IK’s pleas on 22nd

LAHORE: A division bench of the Lahore High Court directed the office to fix the petitions of former PTI Chairman...

Published 19 Jul, 2024 06:22am

Maryam expresses satisfaction over Ashura arrangements

LAHORE: Expressing satisfaction over ‘Ashura Day’ arrangements and foolproof security, Punjab Chief Minister...

Published 19 Jul, 2024 06:20am

Agriculture and Allied

NESPAK services will be acquired to facilitate paddy growers

LAHORE: The Secretary Agriculture Punjab Iftikhar Ali Sahoo on Thursday directed the provincial agriculture...

Published 19 Jul, 2024 06:19am

We must accelerate transformative action against climate change, poverty, and hunger

The Asia-Pacific region is faltering on decades of progress in reducing poverty and hunger. Increasingly, severe...

Updated 19 Jul, 2024 07:13am

Letters

‘The King of the World is not safe in his fortress’

This is apropos a letter ‘The King of the World is not safe in his fortress’ to the Editor by this writer ...

Updated 19 Jul, 2024 07:31am

Short-sighted and irresponsible

EDITORIAL: The PML(N)-led coalition government continues to make a mockery of the rule of law, keeping former prime...

Published 19 Jul, 2024 06:12am

PSM and the wider debate about SOEs

EDITORIAL: The Board of Directors (BoD) of the Pakistan Steel Mills (PSM) is either reading too much into recent...

Published 19 Jul, 2024 06:12am

IMF programme, debt re-profiling, and debt restructuring

Pakistan is facing a huge challenge in terms of debt distress. Secondly, the country is stuck in a low economic...

Updated 19 Jul, 2024 07:06am

Old wine in new bottles

The incumbent government, as all earlier ones, is jubilant over securing a staff-level agreement with International...

Updated 19 Jul, 2024 07:04am

Stocks

Sri Lanka shares end lower

BENGALURU: Sri Lankan shares closed lower on Thursday, dragged by losses in communication services stocks. The CSE...

Published 19 Jul, 2024 06:11am

Stocks

Euro lower after ECB stands pat

NEW YORK: The euro was lower on Thursday after the European Central Bank (ECB) held rates steady as was widely...

Published 19 Jul, 2024 06:11am

As Biden faces rising pressure to quit, Trump to accept nomination

MILWAUKEE: President Joe Biden’s reelection bid was mired in fresh turmoil after reports that top Democratic...

Published 19 Jul, 2024 06:11am

Middle East

Oman mosque attackers were Omani citizens, police say

DUBAI: The three gunmen who shot and killed six people at a Shia mosque in Oman in an attack claimed by Islamic ...

Published 19 Jul, 2024 06:10am

PTI-led opposition submits resolution for PA session

LAHORE: The opposition led by Pakistan Tahreek-e-Insaf (PTI) in the Punjab Assembly on Thursday submitted a...

Published 19 Jul, 2024 06:05am

Middle East

Egypt’s Suez Canal income falls amid Yemen Houthi attacks

CAIRO: Egypt’s Suez Canal on Thursday reported a 23.4-percent drop in revenues attributed to disruptions in Red ...

Published 19 Jul, 2024 06:05am

Rubina meets ADB delegation

ISLAMABAD: Chairperson Benazir Income Support Programme (BISP) Rubina Khalid met with a delegation from the Asian...

Published 19 Jul, 2024 06:05am

SAU joins Global Alliance to drive agri innovation

HYDERABAD: Sindh Agriculture University (SAU), Tandojam, along with three other Pakistani universities, has been...

Published 19 Jul, 2024 06:05am

SECP, PSX map out strategy for taping Chinese capital market

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and Pakistan Stock Exchange (PSX) agreed...

Published 19 Jul, 2024 06:05am

Industry

SIDB issues work orders for Peshawar Industrial Park project

PESHAWAR: Small Industries Development Board (SIDB) Khyber Pakhtunkhwa has initiated practical measures for the...

Published 19 Jul, 2024 06:05am

SSGC’s ‘Operation Grift’ speeds up

KARACHI: Sui Southern Gas Company’s Operation Grift is intensely pursing its ongoing campaign that has been ...

Published 19 Jul, 2024 06:05am

FX up by $59m

KARACHI: The country’s total liquid foreign reserves rose by $59 million during the last week. According to State...

Published 19 Jul, 2024 06:05am

Production from new development well, Adhi South-8 begins: PPL

Energy

Taxes

Speedy disposal of tax cases: PM for increasing number of ATs

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Law Division to increase the number of Appellate Tribunals...

Published 19 Jul, 2024 06:05am

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

Markets →

Most Popular