News Archives for Print - 2024-08-25

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Print - 2024-08-25

Gaza talks resume in Cairo

CAIRO/JERUSALEM: Gaza ceasefire and hostage negotiators discussed new compromise proposals in Cairo on Saturday,...

Published 25 Aug, 2024 03:05am

The Weather

KARACHI: The weather report on Saturday (August 24, 2024) and the forecast for Sunday (August 25, 2024)....

Published 25 Aug, 2024 03:05am

Experts say Psoriasis can be managed thru proper treatment

LAHORE: Over 125 million people worldwide including Pakistan are suffering from Psoriasis (skin disease), which is...

Published 25 Aug, 2024 03:05am

PTI playing the victim card: Azma Bokhari

LAHORE: Information Minister Punjab Azma Bokhari has stated that after the religion and treason cards, PTI is now...

Published 25 Aug, 2024 03:05am

Dar opens 981st Urs of Data Ganj Bakhsh

LAHORE: Deputy Prime Minister and Foreign Minister Ishaq Dar inaugurated the 981st three-day Urs celebrations of...

Published 25 Aug, 2024 03:05am

Industry

Govt’s expenditure reduction decision lauded

KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen...

Published 25 Aug, 2024 03:05am

Network of 3,000 diabetes clinics launched

KARACHI: A network of 3,000 diabetes clinics, aimed at providing free consultations to around 75,000 patients daily,...

Published 25 Aug, 2024 03:05am

Departmental conference organised

KARACHI: Department of Social Sciences and Liberal Arts (SSLA), at the School of Economics and Social Sciences...

Published 25 Aug, 2024 03:05am

UN response to Gaza genocide termed a ‘lollipop’

KARACHI: Pakistan Institute of International Affairs (PIIA) on Saturday held a students’ discussion on...

Published 25 Aug, 2024 03:05am

Crackdown intensified against overpricing

LAHORE: The Lahore district administration on Saturday intensified its crackdown on overpricing, leading to hefty...

Published 25 Aug, 2024 03:05am

Rs157.7bn given to JPMC, NICVD and NICH by Sindh govt: Sharjeel

KARACHI: Senior Minister for Information Sharjeel Inam Memon negating the statement of MQM Chief Khalid Maqbool...

Published 25 Aug, 2024 03:05am

Chehlum tomorrow: Islamabad police chalk out security plan

ISLAMABAD: The city police have chalked out a comprehensive security plan for Chehlum of Hazrat Imam Hussain (RA) ...

Published 25 Aug, 2024 03:05am

Gaza crisis: PM demands early action on UN report

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Saturday urged the international community to take immediate...

Published 25 Aug, 2024 03:05am

Netanyahu in dispute with Israeli negotiators over ceasefire conditions

OCCUPIED JERUSALEM: Prime Minister Benjamin Netanyahu has locked horns with Israeli ceasefire negotiators over his...

Published 25 Aug, 2024 03:05am

South Asia

Indian cattle fence sparks border tension with Bangladesh

KOLKATA: Security forces from India and Bangladesh had a tense confrontation this week over the construction of a...

Published 25 Aug, 2024 03:05am

Iran will seek to ‘manage tensions’ with US: top diplomat

TEHRAN: Iran’s new government will seek to “manage tensions” with its arch-enemy the United States to help...

Published 25 Aug, 2024 03:05am

Security steps set for Imam Hussain (RA) Chehlum, Data Ganj Baksh’s Urs

LAHORE: For the Chehlum of Hazrat Imam Hussain (RA) and the annual Urs of the great Sufi saint Hazrat Data Ali...

Published 25 Aug, 2024 03:05am

South Asia

India approves assured pension scheme for federal govt employees

NEW DELHI: The Indian government approved on Saturday a pension scheme which will guarantee federal government...

Published 25 Aug, 2024 03:05am

IK gets medical checkup in jail

ISLAMABAD: The jailed founding chairman of Pakistan Tehreek-e-Insaf (PTI) on Saturday underwent a medical ...

Published 25 Aug, 2024 03:05am

Repatriation of bodies: FO appreciates support of Iran govt

ISLAMABAD: The mortal remains of 28 Pakistani zaireen who perished in a bus accident in Yazd, Iran, have arrived in...

Published 25 Aug, 2024 03:05am

Incidents of auto theft on the rise in Islamabad

ISLAMABAD: The reports filed at different police stations in the capital city during the last week indicate that ...

Published 25 Aug, 2024 03:05am

‘US will continue to work urgently to address malnutrition crisis’

ISLAMABAD: The United States Mission in Islamabad said on Saturday that the US will continue to work urgently with...

Published 25 Aug, 2024 03:05am

Commodities

French maize conditions stable

PARIS: Ratings of French maize indicated that 76% of the crop was in good or excellent condition by Aug. 19, stable...

Published 25 Aug, 2024 03:05am

Number of cellular subscribers rises to 192.9m

ISLAMABAD: The number of cellular subscribers increased from 192.53 million by end June 2024 to 192.924 million by...

Updated 25 Aug, 2024 09:58am

Tax disputes with the Board: FBR instructs SOEs to pursue resolution through ADRCs

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all state-owned enterprises to resolve their tax-related...

Updated 25 Aug, 2024 09:57am

The need for tax system reforms

Prime Minister Shehbaz Sharif has a strong connection with the business community, especially with the Lahore...

Published 25 Aug, 2024 03:05am

CM reaches RYK to boost morale of Police force

LAHORE: “The policemen are like brothers and sons, I consider their pain as my own, their attackers will not be...

Published 25 Aug, 2024 03:05am

Punjab launching drive to raise awareness against monkeypox

LAHORE: The Punjab government has launched a proactive campaign against monkeypox, featuring airport screenings and...

Published 25 Aug, 2024 03:05am

Letters

‘Army committed to restoring order at all costs’

This is apropos a letter to the Editor “Army committed to restoring order at all costs” by this writer carried ...

Published 25 Aug, 2024 03:05am

Commodities

Gold at historic highs

KARACHI: The local gold prices on Saturday shot up to new historic highs with the international bullion value...

Published 25 Aug, 2024 03:05am

Energy

US natgas prices slide on lower demand

NEW YORK: US natural gas futures slid about 2% to a two-week low on Friday on forecasts for lower demand this week...

Published 25 Aug, 2024 03:05am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (August 24, 2024). ======================================= Offset...

Published 25 Aug, 2024 03:05am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 25.006 ...

Published 25 Aug, 2024 03:05am

Energy

China’s plunging coal plant approvals signal energy policy pivot, report says

BEIJING: A sharp drop in new coal plant permits in China suggests the world’s largest builder of the polluting...

Published 25 Aug, 2024 03:05am

Commodities

Indonesia tenders to buy 350,000 tons of rice, traders say

HAMBURG: Indonesian state purchasing agency Bulog has issued an international tender to buy about 350,000 metric ...

Published 25 Aug, 2024 03:05am

Cotton & Textile

Spot rate picks up Rs200 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Saturday increased the spot rate by Rs 2,00 per...

Published 25 Aug, 2024 03:05am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (August 24, 2024)...

Published 25 Aug, 2024 03:05am

Commodities

Zinc touches five-week peak on supply fears

LONDON: Zinc prices hit their highest in five weeks on Friday on supply concerns after smelters in top producer ...

Published 25 Aug, 2024 03:05am

Commodities

Iron ore slips on falling demand

BEIJING: Iron ore futures prices fell on Friday as a continuous fall in near-term China demand sparked renewed...

Published 25 Aug, 2024 03:05am

Commodities

Japanese rubber futures up

SINGAPORE: Japanese rubber futures extended gains on Friday, with prices hitting a more than two-month high,...

Published 25 Aug, 2024 03:05am

Commodities

Palm oil rises on supply concern

JAKARTA: Malaysian palm oil futures climbed for a third straight session on Friday to their highest in nearly three...

Published 25 Aug, 2024 03:05am

Commodities

Soy rises on short-covering, wheat stays weak

CHICAGO: Soybeans rose while corn eased on Friday as traders covered short positions ahead of the weekend while...

Published 25 Aug, 2024 03:05am

Commodities

Paris wheat hits fresh lows

PARIS: Euronext wheat extended losses on Thursday to new five-month lows as stiff export competition from Black Sea...

Published 25 Aug, 2024 03:05am

Commodities

Gold ekes out gains as traders strap in for Powell’s Speech

BENGALURU: Gold prices gained on Friday on a softer dollar, while traders braced ahead of Federal Reserve Chair...

Published 25 Aug, 2024 03:05am

Industry

Preparations for SCO moot reviewed

ISLAMABAD: In preparation for the upcoming Shanghai Cooperation Organisation (SCO) meeting and other major...

Published 25 Aug, 2024 03:05am

Industry

EDB, SI&MDR arrange webinar to strengthen engineering industry

ISLAMABAD: The Engineering Development Board (EDB) has arranged webinar collaborating Surgical Instruments &...

Published 25 Aug, 2024 03:05am

Taxes

‘Seeking record after selecting group of taxpayers for audit unlawful’

LAHORE: Seeking record after selecting a group of taxpayers for audit is unlawful, said tax practitioners. They said...

Published 25 Aug, 2024 03:05am

Divorced from reality

EDITORIAL: It beggars belief that the government thought this was a good time to approve 15 development projects...

Published 25 Aug, 2024 03:05am

Punjab power subsidy

EDITORIAL: Punjab Chief Minister Maryam Nawaz may have laughed off her Sindh counterpart’s criticism of the...

Published 25 Aug, 2024 03:05am

S&P downgrades Kenya credit rating citing tax hike U-turn

NAIROBI: The US ratings agency S&P has downgraded Kenya’s credit rating, citing President William Ruto’s...

Updated 25 Aug, 2024 09:56am

Sections 194-A, 194-B of Customs Act: Customs AT has power to execute its orders: SC

ISLAMABAD: The Supreme Court declared that the Customs Appellate Tribunal has the power to execute orders passed in...

Updated 25 Aug, 2024 09:55am

Pishin blast: Two children killed, two cops among 16 injured

QUETTA: Two children were killed and two policemen were among the 16 people injured when an explosive device planted...

Updated 25 Aug, 2024 09:55am

New payment strategy designed to help expats: SBP ED

ISLAMABAD: Executive Director of the State Bank of Pakistan, Syed Sohail Jawad, Saturday said the government intends...

Updated 25 Aug, 2024 09:54am

Fed mortgage bond holdings play ‘central’ policy rule, paper says

NEW YORK: Federal Reserve holdings of mortgage bonds play a “central” role in how monetary policy affects the...

Updated 25 Aug, 2024 09:54am

Over Rs2bn uplift projects: There must be third-party validation: PM

Premier says the system for redressal of grievances and concerns regarding the procurement process should not be subordinated to the procuring agency

Updated 25 Aug, 2024 04:07pm

MoC seeks details of Rs3bn SMEs export boost project

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	146.09
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 20	4.96

Stock	Volume
S&P 500 / Jun 20	5,967.84
India Sensex / Jun 20	82,408.17
Tokyo Nikkei / Jun 20	38,403.23
Nasdaq / Jun 20	19,447.41
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,774.65
Dow Jones / Jun 20	42,206.82
Germany DAX 30 / Jun 20	23,350.55
France CAC40 / Jun 20	7,589.66

Item	Value
Crude Oil USD/Barrel / Jun 20	74.93
Karachi Cotton PKR/37.32 KG / Jun 20	16,785
Gold 10 Grams PKR / Jun 20	306,069
Gold Spot USD/Ounce / Jun 20	3,368.39
Cotton US¢/pound / Jun 20	66.70
Petrol/Litre / Jun 23	258.43
Diesel/Litre / Jun 23	262.59

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 23 Crescent Jute Products Limited(CJPL)	7.31 ▲ 0.82 (12.63%)
Pak. P.V.C. / Jun 23 Pakistan PVC Limited(PPVC)	9.66 ▲ 0.97 (11.16%)
AN Textile Mills / Jun 23 AN Textile Mills Limited(ANTM)	25.70 ▲ 2.34 (10.02%)
Shahzad Tex. / Jun 23 Shahzad Textile Mills Limited(SZTM)	51.23 ▲ 4.66 (10.01%)
Fazal Cloth / Jun 23 Fazal Cloth Mills Limited(FZCM)	205.70 ▲ 18.7 (10%)
Frontier Ceram / Jun 23 Frontier Ceramics Limited(FRCL)	36.30 ▲ 3.3 (10%)
Karam Ceramics / Jun 23 Karam Ceramics Limited(KCL)	66.80 ▲ 6.07 (10%)
Leather Up Ltd. / Jun 23 Leather Up Limited(LEUL)	42.90 ▲ 3.9 (10%)
Al-Khair Gadoon / Jun 23 Al-Khair Gadoon Limited(AKGL)	51.90 ▲ 4.72 (10%)
Rupali polyester / Jun 23 Rupali Polyester Limited(RUPL)	27.07 ▲ 2.46 (10%)

Stock	Price
United BankXD / Jun 23 United Bank Limited(UBL)	263.95 ▼ -260.24 (-49.65%)
Pervez Ahmed Consultancy / Jun 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.54 ▼ -0.3 (-10.56%)
LSE Financial Serv. / Jun 23 LSE Financial Services Limited(LSEFSL)	32.36 ▼ -3.6 (-10.01%)
Popular Islamic / Jun 23 Popular Islamic Modaraba(PIM)	14.65 ▼ -1.63 (-10.01%)
Kohat Textile / Jun 23 Kohat Textile Mills Limited(KOHTM)	79.83 ▼ -8.87 (-10%)
Nets Internat.Comm. / Jun 23 Nets International Communication Limited(GEMNETS)	36.90 ▼ -4.1 (-10%)
Bunnys Limited / Jun 23 Bunnys Limited(BNL)	60.92 ▼ -6.77 (-10%)
Shadman Cotton / Jun 23 Shadman Cotton Mills Limited(SHCM)	45.25 ▼ -5.03 (-10%)
Macter Int. Ltd / Jun 23 Macter International Limited(MACTER)	559.64 ▼ -62.18 (-10%)
Pakgen Power / Jun 23 Pakgen Power Limited(PKGP)	155.75 ▼ -17.31 (-10%)

Stock	Volume
WorldCall Telecom / Jun 23 Worldcall Telecom Limited(WTL)	20,335,725 ▼ -0.03
K-Electric Ltd. / Jun 23 K-Electric Limited(KEL)	11,956,610 ▼ -0.18
Sui South Gas / Jun 23 Sui Southern Gas Company Limited(SSGC)	8,412,791 ▲ 0.3
Dewan Cement / Jun 23 Dewan Cement Limited(DCL)	7,466,684 ▼ -0.68
Pervez Ahmed Consultancy / Jun 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	7,144,239 ▼ -0.3
Faysal Bank / Jun 23 Faysal Bank Limited(FABL)	5,695,896 ▲ 0.1
B.O.Punjab / Jun 23 The Bank of Punjab(BOP)	5,203,258 ▼ -0.18
Maple Leaf Cement / Jun 23 Maple Leaf Cement Factory Limited(MLCF)	4,522,125 ▼ -1.25
Cnergyico PK / Jun 23 Cnergyico PK Limited(CNERGY)	4,325,974 ▼ -0.23
PIA Holding Co.Ltd / Jun 23 PIA Holding Company Limited(PIAHCLA)	4,272,396 ▼ -1.04

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