News Archives for Print - 2025-02-02

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Print - 2025-02-02

Averting due adjudication: LHC declares SBP’s Circular No 2 as unlawful

LAHORE: The Lahore High Court declared the circular No.2 of 2003 of the State Bank of Pakistan (SBP) which averts...

Updated 02 Feb, 2025 10:22am

Islamabad: prices of essential items decline WoW

ISLAMABAD: The prices of the essential kitchen items have witnessed a further decline during this week past against...

Published 02 Feb, 2025 02:58am

26th constitutional amendment: PTI-backed lawyers seek formation of full court

LAHORE: A PTI-backed lawyers’ convention on Saturday demanded constitution of a full court of the Supreme Court...

Published 02 Feb, 2025 02:58am

NAB DG reaffirms commitment to justice, transparency

LAHORE: Director General (DG) NAB Lahore Ihtiram Dar held his first public hearing since assuming office, ...

Published 02 Feb, 2025 02:58am

Industry

Envoy to Switzerland visits TDAP, SCCI

SIALKOT: Ambassador-designate to Switzerland, Marghoob Saleem Butt visited Trade Development Authority of Pakistan...

Published 02 Feb, 2025 02:58am

Convocation of Isra University: 528 students awarded degrees

HYDERABAD: The 22nd convocation of Isra University’s Hyderabad campus was held presided over by the Vice...

Published 02 Feb, 2025 02:58am

Tessori visits Ethiopian Embassy Islamabad’s Tourism Pavilion

KARACHI: Sindh Governor Kamran Khan Tessori on Saturday visited the Ethiopian Embassy Islamabad’s Tourism Pavilion...

Published 02 Feb, 2025 02:58am

Letters

‘Trump’s strategy to counter China’s BRI: too little, too late’

This is apropos three letters to the Editor titled ‘Trump’s strategy to counter China’s BRI: too little, too...

Published 02 Feb, 2025 02:58am

Bilawal’s smart move

EDITORIAL: Bilawal Bhutto-Zardari’s recent engagement with the business community is a step in the right direction....

Published 02 Feb, 2025 02:58am

Ridiculous proposal

EDITORIAL: Just the fact that US President Donald Trump’s proposal to “relocate” a million-and-a-half Gazans to...

Published 02 Feb, 2025 02:58am

LPG tanker blast

EDITORIAL: During the recent years there have been scores of fatal incidents involving storage and marketing of low...

Published 02 Feb, 2025 02:58am

PN’s contribution to maritime security

In the contemporary era, technological advancements and global interconnectedness have reshaped international...

Published 02 Feb, 2025 02:58am

Tri-series ODIs in Lahore & Karachi: Boon will lead playing control team

LAHORE: Australia’s David Boon, who is a member of ICC Elite Panel of Match Referees, will lead the playing ...

Published 02 Feb, 2025 02:58am

CPJ slates Afghan journalist conviction by Taliban govt

NEW YORK: A Taliban court in Kabul sentenced Sayed Rahim Saeedi, the editor and producer of the ANAR Media YouTube...

Published 02 Feb, 2025 02:58am

South Asia

Taliban govt-run corporation takes over Kabul Serena hotel

KABUL: Afghanistan’s Taliban government took over management of Kabul’s famed Serena hotel on Saturday, a hotel...

Published 02 Feb, 2025 02:58am

Import of Silicon in Primary Form: New customs values issued

ISLAMABAD: Directorate General of Customs Valuation Karachi has issued new customs values, within the range of...

Updated 02 Feb, 2025 10:23am

Industry

SECP incorporates highest-ever number of cos in a month

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has incorporated the highest-ever number of...

Published 02 Feb, 2025 02:58am

Bid to game faceless customs assessment system foiled

KARACHI: Collectorate of Customs, Headquarters has foiled an attempt to manipulate the newly implemented Faceless...

Updated 02 Feb, 2025 10:22am

LHC judge among three transferred to capital court

KARACHI: President Asif Ali Zardari on Saturday approved the transfer of a Lahore High Court (LHC) judge, along with...

Published 02 Feb, 2025 02:58am

Employees: SC declares implementation of policy without ‘ifs and buts’

ISLAMABAD: The Supreme Court declared that when a widespread and comprehensive policy is announced to benefit...

Published 02 Feb, 2025 02:58am

CM inaugurates solarisation of agricultural tube wells project

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif inaugurated a mega project for the solarisation of agricultural...

Published 02 Feb, 2025 02:58am

MVNO awaiting approval of Ministry

ISLAMABAD: The Mobile Virtual Network Operator (MVNO) framework—envisioning further growth of the telecom sector by...

Updated 02 Feb, 2025 10:21am

IK says he won’t strike any deal

ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan on Saturday reiterated again...

Updated 02 Feb, 2025 10:21am

US charges ex-Fed official with spying for China

WASHINGTON: US prosecutors announced Friday that they have charged a former Federal Reserve advisor with spying on...

Published 02 Feb, 2025 02:58am

Arab FMs reject Trump call for transfer of Palestinians

CAIRO: Arab foreign ministers on Saturday rejected the transfer of Palestinians from their land under any...

Published 02 Feb, 2025 02:58am

18 soldiers martyred, 24 terrorists killed in Balochistan

QUETTA: Eighteen paramilitary soldiers martyred and 24 militants were killed in fighting in Balochistan, the...

Updated 02 Feb, 2025 10:20am

Army chief visits Quetta

ISLAMABAD: Chief of Army Staff (COAS) General Syed Asim Munir reiterated the Pakistan Army’s unwavering commitment...

Published 02 Feb, 2025 02:58am

Major cut in power tariffs likely

The decision will lower electricity prices for millions of consumers across Pakistan, starting from March 2025

Updated 02 Feb, 2025 03:48pm

PM to sign deals worth $2bn with Azerbaijan

ISLAMABAD: Prime Minister Shehbaz Sharif will visit Central Asian countries in the current month and sign agreements...

Updated 02 Feb, 2025 10:19am

Distribution of PM’s Ramazan Package in cash likely

ISLAMABAD: The government is expected to distribute the Prime Minister’s Ramazan Package as cash to underserved...

Updated 02 Feb, 2025 03:50pm

Saudi Arabia’s FlyAdeal launches operations

KARACHI: Saudi Arabia’s budget airline, FlyAdeal, has officially launched its operations to Pakistan with its...

Updated 02 Feb, 2025 10:16am

PSDP 2025-26, projections for 2026-27 and 2027-28: Ministry initiates process

ISLAMABAD: The Ministry of Planning, Development, and Special Initiatives has initiated the process of PSDP 2025-26...

Updated 02 Feb, 2025 10:16am

Federal capital: no let-up in crime incidents

ISLAMABAD: Robbers, burglars, and carjackers continued with their looting spree in the federal capital as cash and...

Published 02 Feb, 2025 02:58am

Commodities

Corn, wheat down; soyoil rallies amid Trump tariff news

CHICAGO: US corn and wheat futures fell on Friday on month-end positioning while soybeans traded nearly flat and...

Published 02 Feb, 2025 02:58am

Cotton & Textile

Cotton market: Mills show interest in fresh buying of fine quality

LAHORE: The local cotton market on Saturday witnessed a mixed trend. The trading volume remained satisfactory....

Published 02 Feb, 2025 02:58am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (February 01, 2025)...

Published 02 Feb, 2025 02:58am

Commodities

Japanese rubber futures up on supply worries

SINGAPORE: Japanese rubber futures climbed on Friday and were set for a monthly gain, as worsening weather in top...

Published 02 Feb, 2025 02:58am

Commodities

Malaysian palm oil higher

KUALA LUMPUR: Malaysian palm oil futures reversed early losses to end higher on Friday, and logged a second...

Published 02 Feb, 2025 02:58am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 42.631...

Published 02 Feb, 2025 02:58am

Commodities

Aluminium, copper prices fall on potential Trump tariffs

LONDON: Aluminium and copper prices fell in London on Friday as global markets braced for the threat of US tariffs...

Published 02 Feb, 2025 02:58am

Commodities

Euronext wheat eases after rally as US tariff plan weighs

PARIS: Euronext wheat fell on Friday as traders booked profits after a rally this week amid uncertainty over...

Published 02 Feb, 2025 02:58am

Commodities

Gold surges past $2,800 as tariff threats reignite record rally

NEW YORK: Gold prices surpassed the key $2,800 mark for the first time on Friday, fuelled by a rush to safety...

Published 02 Feb, 2025 02:58am

Energy

Oil posts weekly losses

HOUSTON: Oil prices eased on Friday and closed the week lower as investors awaited 25% tariffs by the United States...

Published 02 Feb, 2025 02:58am

Energy

US natural gas prices hold near 8-week low on forecasts for less cold

NEW YORK: US natural gas futures held near an eight-week low on Friday on rising output and forecasts for milder...

Published 02 Feb, 2025 02:58am

Performance of major maritime bodies assessed

KARACHI: Federal Minister for Maritime Affairs, Qaiser Ahmed Sheikh, recently chaired a Performance Review Meeting...

Published 02 Feb, 2025 02:58am

Industry

Tyre industry says not being consulted on ITP valuations

KARACHI: Local tyre industry expressed its deep concern for not being consulted on recently issued ITP valuations...

Published 02 Feb, 2025 02:58am

Industry

Azfar Ahsan re-elected MAP President

KARACHI: Muhammad Azfar Ahsan, Founder and Chairman of Nutshell Group, has been re-elected as the President of the...

Published 02 Feb, 2025 02:58am

JCP approves appointment of 10 additional judges for PHC

ISLAMABAD: The Judicial Commission of Pakistan (JCP), by a majority of its total membership, nominated 10 persons...

Published 02 Feb, 2025 02:58am

The Weather

KARACHI: The weather report on Saturday (February 01, 2025) and the forecast for Sunday (February 02, 2025)...

Published 02 Feb, 2025 02:58am

Commodities

Gold rises to fresh highs

KARACHI: Gold prices edged higher to new heights locally and globally on Saturday, as international bullion value...

Published 02 Feb, 2025 02:58am

Taxes

FCAS-based Rs96.3bn duty collected in Jan

KARACHI: The Southern Region of Customs Appraisement has collected Rs 96.3 billion customs duty through the Faceless...

Published 02 Feb, 2025 02:58am

Energy

Fourth offshore patrol vessel arrives

KARACHI: Fourth Offshore Patrol Vessel (OPV) PNS YAMAMA arrived in Karachi. Upon arrival, an impressive reception...

Published 02 Feb, 2025 02:58am

Industry

Golden jubilee celebrations of FCCI begin

FAISALABAD: The Golden Jubilee celebrations of Faisalabad Chamber of Commerce & Industry (FCCI) have been kicked...

Published 02 Feb, 2025 02:58am

Punjab CM meets defence attachés of 16 countries

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif had a luncheon meeting in Lahore’s historic Royal Fort with the...

Published 02 Feb, 2025 02:58am

CM advocates minorities’ rights

LAHORE: Punjab belongs to everyone, and everyone can perform his/her worship here without fear or insecurity, said...

Published 02 Feb, 2025 02:58am

Commodities

Wheat management during drought: Agri Dept Punjab issues recommendations

LAHORE: The Agriculture Department Punjab has advised the farmers in rain fed areas should utilize all possible...

Published 02 Feb, 2025 02:58am

Azma’s rejoinder to Umar’s statement

LAHORE: Punjab Information Minister Azma Bokhari has said that those who claimed to be revolutionaries on May 9 and...

Published 02 Feb, 2025 02:58am

Deputy HC of Kenya underscores need for removing trade barriers

KARACHI: Deputy High Commissioner of Kenya Daniel Nganda, while underscoring the need to remove trade barriers...

Published 02 Feb, 2025 02:58am

PTI assails govt for causing ‘economic meltdown’

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) lambasted the government on Saturday for causing the country’s economic...

Published 02 Feb, 2025 02:58am

PM felicitates President Lukashenko over his re-election

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Saturday congratulated President of Belarus Aleksandr ...

Published 02 Feb, 2025 02:58am

Companies

Int’l Women Leaders’ Summit 2025: Lipton Pakistan CEO takes part in event

KARACHI: Farheen Salman Amir, CEO Lipton Teas and Infusions Pakistan, participated in the International Women...

Published 02 Feb, 2025 02:58am

Industrial zones facing water crisis: FBATI

Industry

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 24	280.43
USD PKR Interbank Buying / Mar 24	280.23
USD to Japanese Yen / Mar 24	149.74
USD to Swiss Franc / Mar 24	0.88
Pound Sterling to USD / Mar 24	1.29
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 20	4.96

Stock	Volume
S&P 500 / Mar 21	5,667.56
Nasdaq / Mar 21	17,784.05
Dow Jones / Mar 21	41,985.35
India Sensex / Mar 24	77,793.05
Tokyo Nikkei / Mar 24	37,670.65
Hang Seng / Mar 24	23,618.98
FTSE 100 / Mar 24	8,686.12
Germany DAX 30 / Mar 24	23,046.22
France CAC40 / Mar 24	8,081.33

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	17,285
Gold 10 Grams PKR / Mar 21	273,319
Petrol/Litre / Mar 24	255.63
Crude Oil USD/Barrel / Mar 24	68.22
Gold Spot USD/Ounce / Mar 24	3,018.34
Diesel/Litre / Mar 24	258.64
Cotton US¢/pound / Mar 24	64.92

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Mar 24 Security Investment Bank Limited(SIBL)	7.99 ▲ 1 (14.31%)
Jubilee Spinning / Mar 24 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▲ 1 (10.19%)
Saritow Spinning / Mar 24 Saritow Spinning Mills Limited(SSML)	19.88 ▲ 1.81 (10.02%)
Diamond Ind. / Mar 24 Diamond Industries Limited(DIIL)	30.76 ▲ 2.8 (10.01%)
Crescent Fib. / Mar 24 Crescent Fibres Limited(CFL)	45.72 ▲ 4.16 (10.01%)
Bela Auto / Mar 24 Bela Automotives Limited(BELA)	183.56 ▲ 16.69 (10%)
East West Ins. / Mar 24 East West Insurance Company Limited(EWIC)	63.02 ▲ 5.73 (10%)
Crescent Cotton / Mar 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5 (10%)
Al-Khair Gadoon / Mar 24 Al-Khair Gadoon Limited(AKGL)	45.10 ▲ 4.1 (10%)
Imperial Limited / Mar 24 Imperial Limited(IML)	18.70 ▲ 1.7 (10%)

Stock	Price
Jubile Life InsXD / Mar 24 Jubilee Life Insurance Company Limited(JLICL)	148.10 ▼ -19.22 (-11.49%)
Pakgen Power / Mar 24 Pakgen Power Limited(PKGP)	112.97 ▼ -12.55 (-10%)
Bunnys Limited / Mar 24 Bunnys Limited(BNL)	20.85 ▼ -2.31 (-9.97%)
TPL Life Insur. / Mar 24 TPL Life Insurance Limited(TPLL)	60.76 ▼ -6.66 (-9.88%)
JS Global Banking / Mar 24 JS Global Banking Sector (ETF)(JSGBETF)	18.30 ▼ -2 (-9.85%)
Baba Farid Sugar / Mar 24 Baba Farid Sugar Mills Limited(BAFS)	48.01 ▼ -5.12 (-9.64%)
Cherat Cement / Mar 24 Cherat Cement Company Limited(CHCC)	251.99 ▼ -25.37 (-9.15%)
Shadman Cotton / Mar 24 Shadman Cotton Mills Limited(SHCM)	27.04 ▼ -2.66 (-8.96%)
The Thal Ind.Corp. / Mar 24 The Thal Industries Corporation Limited(TICL)	300.34 ▼ -26.63 (-8.14%)
Noon Sugar / Mar 24 Noon Sugar Mills Limited(NONS)	73.15 ▼ -6.42 (-8.07%)

Stock	Volume
Cnergyico PK / Mar 24 Cnergyico PK Limited(CNERGY)	49,087,352 ▼ -0.04
Pak Elektron / Mar 24 Pak Elektron Limited(PAEL)	28,618,034 ▼ -2.68
Pak Refinery / Mar 24 Pakistan Refinery Limited(PRL)	27,365,824 ▼ -1.29
Fauji Foods Ltd / Mar 24 Fauji Foods Limited(FFL)	26,352,530 ▼ -0.31
B.O.Punjab / Mar 24 The Bank of Punjab(BOP)	18,341,994 ▼ -0.17
TRG Pak Ltd / Mar 24 TRG Pakistan Limited(TRG)	15,522,190 ▲ 1.89
Sui South Gas / Mar 24 Sui Southern Gas Company Limited(SSGC)	14,112,978 ▼ -0.86
Pak Int.Bulk / Mar 24 Pakistan International Bulk Terminal(PIBTL)	11,162,195 ▲ 0.13
WorldCall Telecom / Mar 24 Worldcall Telecom Limited(WTL)	10,676,385 ▼ -0.03
K-Electric Ltd. / Mar 24 K-Electric Limited(KEL)	10,144,462 ▼ -0.09

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