News Archives for Print - 2025-05-17

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Print - 2025-05-17

Stocks

Japanese shares end flat

TOKYO: Japanese shares recouped early losses to end flat on Friday, as stronger-than-expected domestic earnings...

Published 17 May, 2025 07:08am

Stocks

China, HK stocks dip with earnings

HONG KONG: Chinese and Hong Kong stocks dropped on Friday, as market sentiment came under pressure from renewed...

Published 17 May, 2025 07:06am

Stocks

STOXX 600 rounds off fifth week of gains

FRANKFURT: European shares rounded off their fifth week of gains on Friday, as trade deals out of the US eased ...

Published 17 May, 2025 07:06am

Money & Banking

Rupiah, won lead Asian currency rally

BENGALURU: Asian currencies surged on Friday, with Indonesia’s rupiah and South Korea’s won leading the charge...

Published 17 May, 2025 07:05am

Money & Banking

Indian rupee close flat

MUMBAI: The Indian rupee closed nearly flat on Friday but notched its second consecutive weekly fall as a relief...

Published 17 May, 2025 07:05am

Money & Banking

US dollar climbs after data

NEW YORK: The dollar rose on Friday after the latest round of economic data showed a jump in import prices while...

Published 17 May, 2025 07:02am

Industry

Ahsan articulates govt’s long-term economic vision

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Prof Ahsan Iqbal, on Thursday,...

Published 17 May, 2025 07:01am

Alkhidmat’s Bano Qabil, Fossphorus ink MoU

KARACHI: Alkhidmat Karachi’s Bano Qabil IT program and Fossphorus, a leading IT company, have signed MoU to...

Published 17 May, 2025 07:00am

Martyrs army men: Commander 12 Corps, CM Bugti visit families

ISLAMABAD: Commander 12 Corps Lieutenant General Rahat Naseem Ahmad Khan and Chief Minister of Balochistan paid a...

Published 17 May, 2025 06:59am

IMC supports Pakistani Paralympics athletes

KARACHI: Indus Motor Company (IMC) proudly sponsored two young Pakistani aralympic athletes, Abdullah Chand (aged ...

Published 17 May, 2025 06:56am

Justice Ejaz terms ICA against judge’s interim order not admissible

ISLAMABAD: Justice Sardar Ejaz Ishaq, a judge of the Islamabad High Court (IHC), said the intra-court appeal (ICA)...

Published 17 May, 2025 06:51am

Energy

LESCO to ensure uninterrupted power supply

LAHORE: The Lahore Electric Supply Company (LESCO) has taken several proactive measures to ensure uninterrupted ...

Published 17 May, 2025 06:48am

Companies

Mehdi joins Jazz as Group Head Corporate, Regulatory Affairs

ISLAMABAD: Zaheer Mehdi has joined Jazz as Group Head Corporate and Regulatory Affairs, effective June 16, 2025. In...

Published 17 May, 2025 06:48am

Companies

New paint warranty programme ‘Aitmaad Ka Naya Rung’ launched

LAHORE: Nearly three in every four Pakistani homeowners today prioritize quality and long-term performance while...

Published 17 May, 2025 06:45am

PAF observes Youm-e-Tashakur with due reverence

ISLAMABAD: The Pakistan Air Force (PAF) observed Youm-e-Tashakur (Thanksgiving Day) with due reverence and dignity ...

Published 17 May, 2025 06:43am

Ultra-processed products: Parliamentarians urged to impose taxes

ISLAMABAD: Pakistan National Heart Association (PANAH) urged parliamentarians for imposing taxes on ultra-processed...

Published 17 May, 2025 06:41am

Industry

PVMA seeks govt’s help to recover dues against USC

KARACHI: Sheikh Umer Rehan, Chairman of Pakistan Vanaspati Manufacturers Association (PVMA), has urged Prime ...

Published 17 May, 2025 06:39am

Indian aggression: Sindh Assembly adopts resolution to mark ‘Day of Gratitude’ for victory

KARACHI: The Sindh Assembly on Friday unanimously adopted a euphoric resolution to designate a “Day of ...

Published 17 May, 2025 06:05am

Gems and jewellers: Incentive package for importers, exporters on the cards

ISLAMABAD: The government is planning to announce an incentive package for the importers and exporters of gems and...

Updated 17 May, 2025 07:47am

SECP urges companies to ramp up cybersecurity amid Indian cyber-attacks threat

ISLAMABAD: To avert Indian cyber attacks on financial institutions of Pakistan, the Securities and Exchange...

Updated 17 May, 2025 03:35pm

Hyderabad honours Armed Forces on ‘Thanksgiving Day’

HYDERABAD: A grand ceremony titled “Thanksgiving Day for the Struggle for Justice” was held today at the Circuit...

Published 17 May, 2025 06:05am

BD cricket team to tour Pakistan from 21st

LAHORE: The Bangladesh cricket team has been given the go ahead by the Bangladesh Cricket Board (BCB) tour ...

Published 17 May, 2025 06:05am

Faryal greets nation on victory against India

KARACHI: PPP Women Wing President Faryal Talpur congratulated Pakistanis on the fabulous victory against the staunch...

Published 17 May, 2025 06:05am

South Asia

Pakistan says its military ops head is in periodic touch with India

ISLAMABAD: The director generals of military operations in Pakistan and India have been in periodic contact since...

Published 17 May, 2025 06:05am

Trump caps Gulf tour in Abu Dhabi with dizzying investment pledges

ABU DHABI: US President Donald Trump on Friday concluded his Gulf tour in Abu Dhabi after overseeing the signing of...

Published 17 May, 2025 06:05am

Crackdown against counterfeit, substandard medicines ordered

ISLAMABAD: The inter-provincial health ministers’ conference has taken major decisions to address the critical...

Published 17 May, 2025 06:05am

PARTLY FACETIOUS: There is a new kid on the block

“I don’t understand it.” “What? That Modi is not happy and is…” “No I understand Modi – he hates...

Published 17 May, 2025 06:05am

India bites the dust

Following the monumental success of the Battle for Truth, Pakistan now shines on the global stage like a full moon....

Updated 17 May, 2025 07:37am

Tackling water shortages

Water is the most important topic these days. Everywhere you go people are discussing water and the threats to its...

Updated 17 May, 2025 07:40am

Thanksgiving Day observed across country

ISLAMABAD: On the special directives of Prime Minister Shehbaz Sharif, Pakistan observed Youm-e-Tashakur...

Published 17 May, 2025 06:05am

Release of Dr Aafia Siddiqui: IHC allows Dr Fowzia to amend her petition

ISLAMABAD: The Islamabad High Court (IHC) allowed Dr Fowzia Siddiqui for amendment in her petition seeking release ...

Published 17 May, 2025 06:05am

President, PM, COAS visit family of Squadron leader Usman

RAWALPINDI: President Asif Ali Zardari, Prime Minister Shehbaz Sharif and Chief of the Army Staff General Asim Munir...

Updated 17 May, 2025 08:01am

Reserves seats review hearings: SC urged to include original bench judges

ISLAMABAD: The Supreme Court urged that the judges, who were members of the original bench that passed the judgement...

Updated 17 May, 2025 08:00am

CJP visits Bannu Bench of PHC

ISLAMABAD: Chief Justice of Pakistan (CJP) Yahya Afridi emphasised that the independence and safety of judges,...

Updated 17 May, 2025 08:03am

Heatwave to continue across Sindh until 20th

KARACHI: The Pakistan Meteorological Department on Friday warned that a heatwave is likely to continue across most...

Published 17 May, 2025 06:05am

Families of martyrs: Senator Danesh announces Rs5m

ISLAMABAD: Senator Danesh Kumar from Balochistan Awami Party (BAP) announced five million rupees to support the...

Published 17 May, 2025 06:05am

PTI chairman calls for a ‘political ceasefire’ in Pakistan

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Barrister Gohar Ali Khan, while paying tribute to the armed...

Published 17 May, 2025 06:05am

PDMA issues GLOF warning for northern districts of KP

PESHAWAR: The Provincial Disaster Management Authority (PDMA) Khyber Pakhtunkhwa issued an alert for northern...

Published 17 May, 2025 06:05am

Nov 26 protest: PTI’s pleas seeking transfer of cases rejected

ISLAMABAD: A local court on Friday rejected two petitions of Pakistan Tehreek-e-Insaf (PTI) seeking to transfer ...

Updated 17 May, 2025 07:57am

Punjab govt provides machines for animals’ ultrasound

LAHORE: The Punjab government has provided machines for ultrasound of animals making diagnoses of diseases easier....

Published 17 May, 2025 06:05am

SNGPL, LCCI celebrate ‘Youm-e-Tashakur’

LAHORE: Sui Northern celebrated ‘Yaum-e-Tashakar’ at its Head Office and all the Regional Offices in order to...

Published 17 May, 2025 06:05am

Whistleblower Protection and Vigilance Commission Bill approved

ISLAMABAD: A parliamentary body on Friday, unanimously, approved the Whistleblower Protection and Vigilance...

Published 17 May, 2025 06:05am

Pakistan-India conflict: PM Shehbaz commends Trump’s role

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday reiterated that the resolution of the longstanding Kashmir...

Updated 17 May, 2025 11:44am

Dar, Lammy discuss regional developments

ISLAMABAD: Pakistan and the United Kingdom (UK) have emphasised the importance of restraint and sustained dialogue...

Published 17 May, 2025 06:05am

Pakistan calls on international partners to restrain Indian aggression

ISLAMABAD: Given India’s belligerent posture, Pakistan has called upon its international partners to ensure that...

Published 17 May, 2025 06:05am

Maryam, minister discuss bullet train, uplift projects

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif met Federal Minister for Railways Hanif Abbasi in which matters...

Published 17 May, 2025 06:05am

Youm-e-Tashakur observed at GCUF

FAISALABAD: Youm-e-Tashakur observed at Government College University Faisalabad to honour the historic victory of...

Published 17 May, 2025 06:05am

LHC stays syndicate meeting of UAF

LAHORE: The Lahore High Court on Friday stayed a syndicate meeting of University of Agricultural Faisalabad (UAF)...

Updated 17 May, 2025 08:05am

Punjab approves nine road projects worth Rs13.675bn

LAHORE: In a significant step toward enhancing Punjab’s road infrastructure, the Provincial Development Working...

Published 17 May, 2025 06:05am

Punjab honours armed forces’ victory

LAHORE: The Punjab local government department and various local and civic authorities on Friday observed...

Published 17 May, 2025 06:05am

CM Maryam starts ‘Youm-e-Tashakur’ & ‘Marka-e-Haq’ celebrations

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif formally started the ‘Youm-e-Tashakur & Marka-e-Haq’...

Published 17 May, 2025 06:05am

The Weather

KARACHI: The weather report on Friday (May 16, 2025) and the forecast for Saturday (May 17, 2025)...

Updated 17 May, 2025 08:10am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (May 16,...

Published 17 May, 2025 06:05am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (May 16, 2025). ==================================== BR...

Published 17 May, 2025 06:05am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (May 16, 2025)....

Published 17 May, 2025 06:05am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (May 16, 2025). ======================== Open Bid Rs...

Published 17 May, 2025 06:05am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (May 16, 2025). ========================== KIBOR...

Published 17 May, 2025 06:05am

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 17 May, 2025 06:05am

Commodities

Gold prices gain slightly

KARACHI: Gold prices regained some ground on Friday, tracking a slight uptick in the international market, traders...

Published 17 May, 2025 06:05am

Letters

‘A war, a ceasefire, and a shattered Indian myth’

This is apropos a letter to the Editor carried by the newspaper yesterday. I would like add that India’s ...

Published 17 May, 2025 06:05am

Pakistan is a good story

Pakistan, which seems to be under the euphoria of having its economic recovery termed a ‘good story’ by...

Updated 17 May, 2025 07:43am

Energy

POL price adjustment: Ogra’s advice disregarded

ISLAMABAD: Consumers see a smaller reduction in high-speed diesel (HSD) prices than initially proposed by the Oil ...

Published 17 May, 2025 06:05am

NA passes amendment requiring top officials to publicly declare assets

ISLAMABAD: In a bold power move that’s bound to shake up the country’s power brokers, the National Assembly on...

Updated 17 May, 2025 09:11am

Rates

PSX ends the day in the red

KARACHI: The Pakistan Stock Exchange (PSX) experienced a rangebound trading session and ended in the red, as...

Published 17 May, 2025 06:05am

9 bills including income tax, dumping duty passed by NA

ISLAMABAD: The National Assembly Friday passed nine bills including “The Income Tax (Amendment) Bill, 2024 and The...

Updated 17 May, 2025 02:43pm

Ready to help build robust framework: APTMA questions Nepra’s tariff-setting capacity

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has questioned the capacity of National Electric Power...

Updated 17 May, 2025 02:44pm

Cotton & Textile

Spot rate unchanged on cotton market

Cotton Analyst ...

Published 17 May, 2025 06:05am

Federal govt is no longer setting wheat prices, pulls plug on Passco

ISLAMABAD: Chaos looms large for Pakistan’s wheat farmers as the government told the National Assembly on Friday...

Updated 17 May, 2025 09:41pm

Ministries, divisions ordered to replace ‘Federal Govt’ term in relevant laws, rules

ISLAMABAD: The Cabinet Division has instructed all ministries and divisions to expedite the long-pending process of...

Updated 17 May, 2025 09:11am

Economic development: Aurangzeb heaps praise on US businesses

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with a delegation of...

Updated 17 May, 2025 09:38am

Global shipping lines: Pakistan’s major ports among most expensive

ISLAMABAD: Pakistan’s major ports remain among the most expensive for international shipping lines in comparison to...

Updated 17 May, 2025 09:35am

Commodities

PHDEC’s mango-bagging initiative boosts export opportunities

MULTAN: Pakistan Horticulture Development and Export Company (PHDEC) launched its Mango Bagging Pilot Project and...

Updated 17 May, 2025 07:12am

Companies

FlyDubai commences its operations at BKIAP

KARACHI: FlyDubai has commenced its operations at Bacha Khan International Airport, Peshawar (BKIAP). The inaugural...

Published 17 May, 2025 06:05am

Momentary relief in ongoing drama

EDITORIAL: The recent agreement between the United States and China to temporarily roll back tariffs on each...

Updated 17 May, 2025 07:35am

Another blow to development

EDITORIAL: To take money out of the Public Sector Development Programme (PSDP) and reallocate it as subsidy is not...

Published 17 May, 2025 06:05am

Electric vehicles technology: Ministry vows to provide facilities, incentives

ISLAMABAD: The Ministry of Industries and Production is committed to provide all the facilities, incentives and...

Published 17 May, 2025 06:05am

FBR issues licensing procedure for aspiring freight forwarders

ISLAMABAD: The Federal Board of Revenue (FBR) has laid down strict procedure for persons intended to obtain licences...

Published 17 May, 2025 06:05am

Industry

Illicit tobacco trade thrives as TTS fails to help curb violations

KARACHI: Inefficiency of the Track and Trace System (TTS) in the tobacco sector is causing huge losses to the tune ...

Published 17 May, 2025 06:05am

Companies

ABHI partners with LuLu Financial Holdings

KARACHI: Pakistan's fintech ABHI, through its Middle East chapter, has partnered with LuLu Financial Holdings, a...

Published 17 May, 2025 06:05am

NBFCs operation: SECP unveils business-specific checklists

ISLAMABAD: In a move to facilitate stakeholders and enhance regulatory clarity and operational convenience, the...

Published 17 May, 2025 06:05am

Industry

Tanveer urges business community to end internal conflicts

KARACHI: S.M. Tanveer, Patron-in-Chief of the ruling United Business Group (UBG), said that the time has come for...

Published 17 May, 2025 06:05am

April C/A posts $12m surplus

KARACHI: Pakistan’s current account remained in surplus in April 2025, posting a modest $12 million surplus ...

Published 17 May, 2025 06:05am

Jul-Apr FDI down 3pc to $1.784bn YoY

KARACHI: Foreign Direct Investment (FDI) in Pakistan declined by 3 percent during the first 10 months of the current...

Published 17 May, 2025 06:05am

CDWP approves 5 uplift projects

ISLAMABAD: The Central Development Working Party (CDWP) approved five development projects at cost of Rs15.9 billion...

Published 17 May, 2025 06:05am

Weekly SPI inflation up 1.03pc

ISLAMABAD: The Sensitive Price Index-based inflation for the week ended on May 15, 2025 increased by 1.03 per cent....

Updated 17 May, 2025 09:10am

Global acute hunger hits new high, 2025 outlook ‘bleak’: report

PARIS: More than 295 million people faced acute hunger last year, a new high driven by conflict along with other...

Published 17 May, 2025 06:05am

Jul-Mar LSMI output grows 1.47% YoY

ISLAMABAD: The overall Large Scale Manufacturing Industries sector has shown a growth of 1.47 per cent during...

Updated 17 May, 2025 11:39am

Pakistan April exports down 17.66% to $2.178bn MoM

Pakistan Bureau of Statistics data shows country's imports increased in April

Updated 17 May, 2025 05:17pm

Debt management, climate funding: Malaysia’s ‘green finance model’ being adopted: Aurangzeb

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	285.03
USD PKR Interbank Buying / Jul 17	284.83
USD to Japanese Yen / Jul 17	148.67
USD to Swiss Franc / Jul 17	0.80
Pound Sterling to USD / Jul 17	1.34
Euro to USD / Jul 17	1.16
UK LIBOR % / Jul 15	4.96

Stock	Volume
S&P 500 / Jul 16	6,263.70
Nasdaq / Jul 16	20,730.49
Dow Jones / Jul 16	44,254.78
India Sensex / Jul 17	82,481.83
Tokyo Nikkei / Jul 17	39,901.19
Hang Seng / Jul 17	24,541.19
FTSE 100 / Jul 17	8,965.78
Germany DAX 30 / Jul 17	24,224.23
France CAC40 / Jul 17	7,791.07

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 16	16,585
Gold 10 Grams PKR / Jul 16	305,212
Petrol/Litre / Jul 17	272.15
Crude Oil USD/Barrel / Jul 17	66.56
Gold Spot USD/Ounce / Jul 17	3,335.18
Diesel/Litre / Jul 17	284.35
Cotton US¢/pound / Jul 17	68.94

Gainers
Losers
Leaders

Stock	Price
First Dawood Prop. / Jul 17 First Dawood Properties Limited(FDPL)	6.96 ▲ 0.85 (13.91%)
Chenab Ltd / Jul 17 Chenab Limited(CHBL)	8.65 ▲ 1 (13.07%)
Askari Life Assur. / Jul 17 Askari Life Assurance Company Limited(ALAC)	9.47 ▲ 1 (11.81%)
Trust Mod. / Jul 17 Trust Modaraba(TRSM)	9.72 ▲ 1 (11.47%)
Khalid Siraj / Jul 17 Khalid Siraj Textile Mills Limited(KSTM)	9.97 ▲ 1 (11.15%)
Paramount Mod / Jul 17 First Paramount Modaraba(FPRM)	10.20 ▲ 1 (10.87%)
Zephyr Textile / Jul 17 Zephyr Textiles Limited(ZTL)	16.46 ▲ 1.5 (10.03%)
Int. Knit. / Jul 17 International Knitwear Limited(INKL)	31.85 ▲ 2.9 (10.02%)
Bilal Fibres / Jul 17 Bilal Fibres Limited(BILF)	24.07 ▲ 2.19 (10.01%)
Maqbool Tex. / Jul 17 Maqbool Textile Mills Limited(MQTM)	44.39 ▲ 4.04 (10.01%)

Stock	Price
Kohat Textile / Jul 17 Kohat Textile Mills Limited(KOHTM)	68.40 ▼ -7.6 (-10%)
Shahzad Tex. / Jul 17 Shahzad Textile Mills Limited(SZTM)	69.99 ▼ -7.23 (-9.36%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	40 ▼ -3.67 (-8.4%)
Nets Internat.Comm. / Jul 17 Nets International Communication Limited(GEMNETS)	38.20 ▼ -3.25 (-7.84%)
Hafiz Ltd. / Jul 17 Hafiz Limited(HAFL)	322.34 ▼ -27.09 (-7.75%)
Apna Microfin. / Jul 17 Apna Microfinance Bank Limited(AMBL)	12.06 ▼ -0.89 (-6.87%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	125.02 ▼ -7.21 (-5.45%)
Beco Steel Ltd / Jul 17 Beco Steel Limited(BECO)	22.40 ▼ -1.29 (-5.45%)
Shaheen Ins. / Jul 17 Shaheen Insurance Company Limited(SHNI)	11.25 ▼ -0.59 (-4.98%)
J.K.Spinning / Jul 17 J.K. Spinning Mills Limited(JKSM)	100 ▼ -5.06 (-4.82%)

Stock	Volume
Pak Int.Bulk / Jul 17 Pakistan International Bulk Terminal(PIBTL)	69,440,964 ▲ 0.53
First Dawood Prop. / Jul 17 First Dawood Properties Limited(FDPL)	32,327,857 ▲ 0.85
Ghani Chemworld / Jul 17 Ghani Chemworld Limited(GCWL)	22,681,523 ▲ 1.13
Thatta Cement / Jul 17 Thatta Cement Company Limited(THCCL)	16,727,338 ▲ 1.57
Dewan Cement / Jul 17 Dewan Cement Limited(DCL)	14,157,081 ▲ 0.5
Treet Corp / Jul 17 Treet Corporation Limited(TREET)	13,724,264 ▲ 0.73
Pervez Ahmed Consultancy / Jul 17 Pervez Ahmed Consultancy Services Ltd.(PASL)	13,584,298 ▲ 0.15
Hub Power Co. / Jul 17 The Hub Power Company Limited(HUBC)	12,182,762 ▲ 4.44
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	10,253,530 ▼ -0.09
Sui South Gas / Jul 17 Sui Southern Gas Company Limited(SSGC)	9,902,985 ▼ -0.27

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