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Markets

Gold holds steady with focus on Fed’s policy decision, outlook

Gold prices were little changed on Wednesday as the markets focused squarely on the Federal Reserve’s monetary...

Published 18 Dec, 2024 10:53am

Markets

Russian production downgrade steadies wheat after 4-day losing streak

CANBERRA: Chicago wheat futures steadied on Wednesday following four consecutive daily losses, as concerns over...

Published 18 Dec, 2024 10:51am

Markets

Palm follows rival edible oils lower

KUALA LUMPUR: Malaysian palm oil futures dropped on Wednesday for a fourth consecutive session, weighed down by...

Published 18 Dec, 2024 10:47am

Markets

Stock rebound as KSE-100 crosses 116,000 amid economic optimism

A day after selling pressure, bullish momentum returned to the Pakistan Stock Exchange (PSX) with the benchmark...

Published 18 Dec, 2024 10:44am

BR Research

Comfortable in surplus

The current account surplus streak continues for the fourth consecutive month in November, and the surplus in...

Published 18 Dec, 2024 09:13am

Pakistan

Justice Mansoor calls for issuing carbon bonds finance mechanism

ISLAMABAD: Senior puisne judge of the Supreme Court of Pakistan, Justice Mansoor Ali Shah has called upon the...

Published 18 Dec, 2024 09:09am

Pakistan

People of Pakistan, Turkey have strong, enduring bonds: envoy

ISLAMABAD: The bonds between the people of Pakistan and Turkey are strong and enduring, with both nations standing ...

Published 18 Dec, 2024 09:07am

BR Research

LSM: Stuck in the red

“Key large-scale manufacturing sectors – such as textile, food, automobiles, POL and tobacco – were already...

Published 18 Dec, 2024 09:06am

Pakistan

Polio teams’ security beefed up

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has directed the police and administration to make foolproof...

Published 18 Dec, 2024 09:05am

Pakistan

CTD Punjab foils major terror plot; 16 militants held

LAHORE: The Counter Terrorism Department (CTD) Punjab successfully thwarted a major terrorism plot, arresting 16...

Published 18 Dec, 2024 09:03am

Pakistan

Over 1100 surgeries performed under children’s heart surgeries programme

LAHORE: Over 1100 innocent children have undergone successful surgeries under the ‘Chief Minister’s Children’s...

Published 18 Dec, 2024 09:01am

BR Research

National Foods Limited

National Foods Limited (PSX: NATF) was incorporated in Pakistan as a private limited company in 1971 and was...

Published 18 Dec, 2024 09:01am

Markets

Dollar steady against peers as Fed rate cut looms

TOKYO: The U.S. dollar held steady against the yen and other major rivals on Wednesday as investors waited to see...

Published 18 Dec, 2024 09:00am

Pakistan

Body posts proposed JCP (Appointment of Judges) Rules, 2024 on website

ISLAMABAD: The Rules Committee on Tuesday posted the proposed Judicial Commission of Pakistan (Appointment of ...

Published 18 Dec, 2024 09:00am

Pakistan

CDA says construction cost of Islamabad Jail escalates to Rs7.4bn, reflecting 89.7pc increase

ISLAMABAD: The construction cost of Islamabad Jail has escalated to Rs7.4 billion from Rs3.9 billion which reflects...

Published 18 Dec, 2024 08:59am

Pakistan

Fire safety: Over 70pc of buildings lack emergency exits in Karachi

KARACHI: Karachi’s fire safety drew criticism as experts revealed over 70% of buildings lack emergency exits, with...

Published 18 Dec, 2024 08:58am

Pakistan

84 visas issued to Indian Yatrees

ISLAMABAD: Pakistan has issued 84 visas to a group of Indian Yatrees (pilgrims) for their visit to the sacred Shri...

Published 18 Dec, 2024 08:56am

Pakistan

SC cannot reappraise evidence and undo decision of case: CJP

ISLAMABAD: Chief Justice Yahya Afridi stated that the Supreme Court in its advisory jurisdiction under Article 186 ...

Published 18 Dec, 2024 08:54am

World

Palestinian families sue State Department over US support for Israeli military

WASHINGTON: Palestinian families sued the U.S. State Department on Tuesday over Washington’s support for Israel’s...

Published 18 Dec, 2024 08:54am

Pakistan

KP flood relief: Japan grants $9.91m aid

ISLAMABAD: Pakistan and Japan signed $ 9.91 million grant-in-aid project aimed at improving the maternal and child...

Published 18 Dec, 2024 08:53am

Pakistan

Madrassa bill: MQM-P conditionally supports Fazl

ISLAMABAD: A delegation led by senior leadership of the Muttahida Qaumi Movement-Pakistan (MQM-P), Tuesday, called ...

Published 18 Dec, 2024 08:52am

Pakistan

Kurram district: 29 children die due to lack of treatment, roads’ closure since Oct

PESHAWAR: 29 children have died to lack of treatment and closure of roads in the sectarian volatile tribal Kurram...

Published 18 Dec, 2024 08:50am

World

Vanuatu earthquake death toll rises to 14 as rescuers search for survivors

Rescuers in Vanuatu searched on Wednesday for people trapped under rubble a day after a 7.4 magnitude earthquake...

Published 18 Dec, 2024 08:47am

Pakistan

APPMA for cultural exchange among Pak physicians

HYDERABAD: Association of Physicians of Pakistani Descent of North America (APPNA) is renowned for fostering...

Published 18 Dec, 2024 08:44am

Business & Finance

Chinese property developers look to bite bullet and revamp onshore debt in 2025

HONG KONG: Progress by Chinese property developer Sunac, towards a landmark restructuring deal for yuan bonds could...

Published 18 Dec, 2024 08:40am

Pakistan

Central control room set up to monitor Suthra Punjab

LAHORE: The Punjab Local Government Department has set up a central control room in the provincial civil secretariat...

Published 18 Dec, 2024 08:36am

Pakistan

Control room with AI, drone cameras to supervise town planning: LDA

LAHORE: Lahore Development Authority (LDA) Director General Tahir Farooq has said that the control room comprising...

Published 18 Dec, 2024 08:36am

Pakistan

Crackdown on timber smuggling continues

LAHORE: The Forest Department Punjab has seized two Mazda trucks, one Toyota Hilux, and a Shehzore truck loaded with...

Published 18 Dec, 2024 08:34am

World

US FDA warns online vendors selling unapproved weight-loss drugs

The U.S. Food and Drug Administration said on Tuesday it has sent warning letters to four companies for selling...

Published 18 Dec, 2024 08:32am

Pakistan

DRAP ‘registers’ another Made in Pakistan ventilator

KARACHI: The Drug Regulatory Authority of Pakistan (DRAP) has registered’ another locally produced ventilator,...

Published 18 Dec, 2024 08:31am

Business & Finance

Japan’s exports rise faster than expected, helped by weaker yen

TOKYO: Japan’s exports rose faster than expected in November, data showed on Wednesday, helped by a weaker yen and...

Published 18 Dec, 2024 08:25am

Business & Finance

Jul-Nov FY25: Textile group exports up 10.51pc to $7.607bn YoY

ISLAMABAD: The country’s textile group exports increased by 10.51 percent in first five months (July-November) of...

Published 18 Dec, 2024 08:22am

Markets

Honda, Nissan move to closer tie-up as competition intensifies, source says

TOKYO: Honda and Nissan,are moving towards a closer tie-up with talks of setting up a holding company, a source...

Published 18 Dec, 2024 08:18am

Business & Finance

PM satisfied with CA surplus

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday expressed satisfaction over the country’s attainment of a...

Published 18 Dec, 2024 08:18am

Business & Finance

Jul-Nov FDI soars 31pc to $1.124bn YoY

KARACHI: Foreign Direct Investment (FDI) in Pakistan surpassed the $1 billion mark during the first five months of...

Published 18 Dec, 2024 08:15am

Business & Finance

Dubai unveils its comprehensive 2025 retail calendar

DUBAI: Dubai Festivals and Retail Establishment (DFRE), part of the Dubai Department of Economy and Tourism (DET),...

Published 18 Dec, 2024 08:10am

Markets

Nov FCA: 63 paisas per unit negative adjustment sought

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought negative adjustment of paisa 63 per...

Published 18 Dec, 2024 08:08am

World

Syrian mass graves expose ‘machinery of death’ under Assad, top prosecutor says

QUTAYFAH: An international war crimes prosecutor said on Tuesday that evidence emerging from mass grave sites in...

Published 18 Dec, 2024 08:08am

Business & Finance

Riali-II HPP: Security package papers up for ECC nod tomorrow

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, scheduled to meet on Thursday (Dec 19), is set...

Published 18 Dec, 2024 08:08am

Sports

Sammy appointed West Indies coach across all formats

West Indies have appointed former captain Daren Sammy as coach across all three formats of the game, handing him...

Published 18 Dec, 2024 07:55am

Markets

Oil prices little changed ahead of Fed rate decision

BEIJING: Oil prices traded in a narrow range early on Wednesday as investors remained cautious ahead of an expected...

Published 18 Dec, 2024 07:46am

Editorials

Polio resurgence

EDITORIAL: Kicking off this year’s anti-polio drive on Sunday at special ceremony Prime Minister Shehbaz Sharif...

Published 18 Dec, 2024 07:20am

Editorials

MPS: further cut in key interest rate

EDITORIAL: The Monetary Policy Committee (MPC) reduced the policy rate by 200 basis points to 13 percent during...

Published 18 Dec, 2024 07:11am

Fazl urges govt to notify madrassa bill immediately

ISLAMABAD: Jamiat Ulema-e-Islam (F) Chief Maulana Fazlur Rehman said that the Societies Registration (Amendment)...

Updated 18 Dec, 2024 09:25am

Business & Finance

SECP issues circular on cybersecurity guidelines for ‘eZfile’ users

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Tuesday directed the management of ...

Published 18 Dec, 2024 06:37am

Talks on ‘Digital Nation Bill’ inconclusive

ISLAMABAD: The National Assembly Standing Committee on Information Technology and Telecommunication meeting’s...

Updated 18 Dec, 2024 09:36am

Markets

OGDC considers disconnecting CPPs next month

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has considered the disconnection of Captive Power Plants...

Published 18 Dec, 2024 06:37am

Tax rates can be reduced if revenue generated effectively: FBR chief

LAHORE: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial has agreed with Lahore Chamber of Commerce...

Updated 18 Dec, 2024 09:22am

Curial agenda on table as ECC meets tomorrow

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is scheduled for Thursday (tomorrow), which will...

Updated 18 Dec, 2024 08:55am

Target set for attaining 50/100 Mbps broadband speed

ISLAMABAD: The government, terming 2025 as year of 5G, has prepared an ambitious target including attaining an...

Updated 18 Dec, 2024 10:24am

Sugar stock monitoring body notified

ISLAMABAD: The government has notified the high-level committee constituted by Prime Minister Shehbaz Sharif tasked...

Updated 18 Dec, 2024 09:21am

Cabinet gives the go-ahead to ‘Singapore Convention’

ISLAMABAD: The Federal Cabinet, in its meeting held here on Tuesday, accorded approval for Pakistan to sign the...

Updated 18 Dec, 2024 09:37am

Aleema says IK may ask expats to halt remittances

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan has said he would call overseas Pakistanis to...

Updated 18 Dec, 2024 09:38am

Azma describes CM’s China visit as ‘turning point for Punjab’

LAHORE: Terming the recent visit of Punjab Chief Minister Maryam Nawaz Sharif to China as “significant and turning...

Updated 18 Dec, 2024 09:21am

Business & Finance

Nov CA surplus hits 10-year peak

KARACHI: Pakistan’s current account recorded a 10-year high monthly surplus of $729 million in November 2024,...

Published 18 Dec, 2024 06:37am

Interest rate cut to help stimulate economic growth: PM

Says reduction in interest rate to encourage businesses and investors

Updated 18 Dec, 2024 09:39am

Markets

KP govt hosts roadshow to showcase energy sector projects

PESHAWAR: The KP government in collaboration with the Sustainable Energy and Economic Development (SEED) programme,...

Published 18 Dec, 2024 06:37am

Business & Finance

Pakistan, Kazakhstan agree to set up display centres for enhanced trade

ISLAMABAD: In a high-level meeting chaired by Federal Minister for Board of Investment, Privatization and...

Published 18 Dec, 2024 06:37am

Business & Finance

World Bank-supported project launched to strengthen livestock, fisheries dept

KARACHI: A Sindh Livestock and Aquaculture Development Project (SLADP) has been launched with the support of the...

Published 18 Dec, 2024 06:37am

Pakistan

53rd martyrdom anniversary of Lance Naik Mehfooz Shaheed commemorated

RAWALPINDI: The Chairman Joint Chiefs of Staff Committee, the Service Chiefs, and the Armed Forces of Pakistan...

Updated 18 Dec, 2024 08:49am

Pakistan

Directive issued for recruitment of PMU staff

LAHORE: Chairman Planning and Development (P&D) Barrister Nabeel Ahmad Awan has directed the concerned authority...

Updated 18 Dec, 2024 08:33am

Pakistan

Resurgence of banned outfits alarming, moot told

ISLAMABAD: The resurgence of banned terrorist and insurgent groups including Tehreek-e-Taliban Pakistan (TTP),...

Updated 18 Dec, 2024 09:07am

Business & Finance

Delegation of Chinese cos meets Qasim Naveed

KARACHI: A delegation of senior officials of 5 major Chinese companies today met with Special Assistant to Chief...

Updated 18 Dec, 2024 08:27am

Pakistan

Sindh govt announces 11-day winter vacation for schools, colleges

The Sindh government on Tuesday announced an 11-day winter vacation for public and private schools and colleges...

Published 17 Dec, 2024 10:54pm

World

Netanyahu holds security briefing atop strategic Syrian peak

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu held a security briefing Tuesday atop a strategic Syrian...

Published 17 Dec, 2024 10:18pm

World

France PM under fire for chairing town hall meeting amid cyclone crisis

PARIS: France’s new Prime Minister Francois Bayrou Tuesday fended off a torrent of criticism after he chaired a...

Published 17 Dec, 2024 10:13pm

Markets

Cabinet body meets to discuss utilisation of Gwadar Port for public sector imports

Committee emphasises utilising Gwadar Port for bulk imports such as wheat, sugar, and urea

Updated 17 Dec, 2024 11:00pm

Business & Finance

US Fed begins final 2024 rate meeting with cut expected

WASHINGTON: The US Federal Reserve began its last interest rate meeting of the year on Tuesday, with expectations...

Published 17 Dec, 2024 09:36pm

World

Zelensky calls on allies to ‘urgently strengthen Ukraine’ on battlefield

LVIV: Ukraine’s President Volodymyr Zelensky on Tuesday pleaded with other countries to “urgently” send more aid for...

Published 17 Dec, 2024 09:34pm

Pakistan

Japan approves $9.91mn grant for KP’s flood-hit areas

Japan approved on Tuesday a grant worth $9.91 million for improvement of maternal and child health equipment in...

Updated 17 Dec, 2024 10:54pm

Sports

Arsenal cup glory could be springboard for more trophies, says Arteta

LONDON: Mikel Arteta said on Tuesday winning the League Cup could be a launchpad for more silverware as he...

Published 17 Dec, 2024 08:48pm

Sports

Ronaldo confirms wants to take reins of Brazilian football

BRASÍLIA: Brazil legend Ronaldo has confirmed he wants to become president of the country’s football governing body...

Published 17 Dec, 2024 08:46pm

Markets

US stocks fall as market awaits Fed’s rate decision

NEW YORK: Wall Street stocks pulled back early Tuesday ahead of a Federal Reserve decision on interest rates, as...

Published 17 Dec, 2024 08:16pm

World

Hamas says Gaza truce talks in Doha ‘serious and positive’

DOHA: Hamas said talks in Qatar on Tuesday aimed at a truce and hostage-prisoner exchange in Gaza were “serious and...

Published 17 Dec, 2024 08:15pm

World

Iran’s Khamenei says ‘resistance’ not over after Assad ouster

TEHRAN: Iran’s supreme leader said Tuesday that Israel and the United States were “completely wrong” to imagine the...

Published 17 Dec, 2024 08:12pm

World

Police search for motive in Wisconsin school shooting

Police in Wisconsin on Tuesday were interviewing friends and family and examining the online presence of a...

Published 17 Dec, 2024 06:54pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Shaheen Ins. / Dec 18 Shaheen Insurance Company Limited(SHNI)	6.99 ▲ 0.90 (14.78%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.90 ▲ 0.79 (11.11%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Cresent Jute / Dec 18 Crescent Jute Products Limited(CJPL)	5.24 ▲ 0.48 (10.08%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Tri-Star Power / Dec 18 Tri-Star Power Limited(TSPL)	5.92 ▲ 0.54 (10.04%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)

Stock	Price
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.12 ▼ -3.23 (-9.98%)
National Silk / Dec 18 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	733 ▼ -76.76 (-9.48%)
Hafiz Ltd. / Dec 18 Hafiz Limited(HAFL)	199 ▼ -20.05 (-9.15%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	51 ▼ -4.95 (-8.85%)
Chakwal Spinning / Dec 18 Chakwal Spinning Mills Limited(CWSM)	49 ▼ -4.72 (-8.79%)
Arpak Int. / Dec 18 Arpak International Investments Ltd.(ARPAK)	65.01 ▼ -6.08 (-8.55%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.03
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 1.13
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.08
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.34
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 0.80
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.36
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.47
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▲ 1.82
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▲ 0.05

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