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World

NATO summit to push for standardizing shells

BRUSSELS: NATO is set to issue its first ever defence industrial pledge at its Washington summit on Wednesday,...

Published 05 Jul, 2024 11:34am

World

Child killed after Ukrainian attack on Russia’s Krasnodar region, governor says

A six-year-old girl died in hospital after a drone attack on the town of Primorsko-Akhtarsk in Russia’s Krasnodar...

Published 05 Jul, 2024 11:29am

Markets

Farrukh H Khan resigns as Pakistan Stock Exchange CEO

Farrukh H Khan has resigned from the position of Chief Executive Officer (CEO) of Pakistan Stock Exchange Limited...

Published 05 Jul, 2024 11:25am

Markets

Asia stocks notch records; pound calm after Labour landslide

SINGAPORE: Asian share markets scaled new highs on Friday as investors sized up US rate cuts for September and the...

Published 05 Jul, 2024 11:21am

World

Nigel Farage wins seat in UK parliament

CLACTON-ON-SEA: Nigel Farage, leader of the right-wing Reform UK party, won a seat in the British parliament for the...

Published 05 Jul, 2024 11:17am

World

Hurricane Beryl zeroes in on Mexico resorts, strengthens to Category 3

TULUM/CANCUN: Hurricane Beryl strengthened to a Category 3 storm on Thursday evening as it zeroed in on Mexico’s top...

Published 05 Jul, 2024 11:13am

World

Iranians vote in run-off presidential election amid widespread apathy

DUBAI: Iranians will vote in a run-off presidential election on Friday amid voter apathy and heightened regional...

Published 05 Jul, 2024 11:09am

Markets

Palm oil tracks Dalian rivals lower but set for weekly gain

JAKARTA: Malaysian palm oil futures tracked rival Dalian oils lower on Friday, but were on track for a second...

Published 05 Jul, 2024 10:57am

Markets

Intra-day update: rupee registers minor gain against US dollar

The Pakistani rupee registered marginal improvement, appreciating 0.04% against the US dollar in the inter-bank...

Published 05 Jul, 2024 10:47am

Sports

Argentina beat Ecuador on penalties to move into Copa America semis

HOUSTON: Argentina beat Ecuador 4-2 on penalties to move into the semi-finals of the Copa America on Thursday after...

Published 05 Jul, 2024 10:42am

World

Scottish National Party’s poor UK election showing derails independence push

LONDON: The Scottish National Party was set for its worst showing at a British parliamentary election since 2010,...

Published 05 Jul, 2024 10:39am

Technology

Bitcoin slides to four-month lows, ether sinks 8%

SINGAPORE: Bitcoin sank to a four-month low on Friday and was on course for its worst weekly performance in a year,...

Published 05 Jul, 2024 10:34am

World

Senior UK Conservative Jacob Rees-Mogg fails to win seat in election

LONDON: Former British Conservative minister Jacob Rees-Mogg failed to win the parliamentary seat of North East...

Published 05 Jul, 2024 10:31am

World

UK’s Labour sweeps to power as Sunak concedes election

LONDON: Keir Starmer will be Britain’s next prime minister with his centre left Labour Party expected to win a huge...

Published 05 Jul, 2024 10:24am

Markets

Cyclical and consumer shares drag China stocks down

SHANGHAI: China stocks fell on Friday, dragged by cyclical and consumer shares, while investors were watching moves...

Published 05 Jul, 2024 10:03am

Markets

Gold eyes second straight weekly rise; spotlight on US payrolls

Gold prices edged up on Friday and were set for a second straight weekly gain, while traders awaited US employment...

Published 05 Jul, 2024 09:59am

Markets

Indian bond yields flat; debt auction, US jobs data on tap

MUMBAI: Indian government bond yields were flat in the early session on Friday, with the benchmark yield hovering...

Published 05 Jul, 2024 09:57am

Markets

Indian rupee bias on upside amid dollar decline before key US jobs report

MUMBAI: The Indian rupee is expected to do well on Friday in the wake of the dollar’s decline before a jobs report...

Published 05 Jul, 2024 09:55am

Markets

Australian shares retreat as commodity stocks drag

Australian shares slipped on Friday after two straight sessions of gains, with commodity-related stocks and...

Published 05 Jul, 2024 09:53am

Markets

Japanese shares climb record peaks; market eyes US data

TOKYO: Japan’s Nikkei share average and the broader Topix index both touched record highs on Friday, although they...

Published 05 Jul, 2024 09:52am

Markets

Indian shares open lower dragged by HDFC Bank

BENGALURU: Indian shares opened lower on Friday, dragged by top private lender HDFC Bank, which reported a...

Published 05 Jul, 2024 09:49am

Markets

Dollar at three-week lows; pound takes UK election in stride

SINGAPORE: The US dollar was hovering near three-week lows on Friday ahead of payrolls data that will likely...

Published 05 Jul, 2024 09:48am

Business & Finance

Philippine central bank says inflation to settle within target in 2024, 2025

MANILA: The Philippine central bank said on Friday that risks to inflation have shifted to the downside and it...

Published 05 Jul, 2024 09:45am

Markets

Oil prices on track for fourth straight week of gains

SINGAPORE: Oil prices were little changed in Asian trade on Friday but were on track for a fourth straight week of...

Published 05 Jul, 2024 09:42am

BR Research

FE-25 financing indicating imminent currency adjustment?

The currency market looks confused. Over the past twelve months, export financing – both pre- and post-shipment –...

Published 05 Jul, 2024 08:33am

BR Research

Archroma Pakistan Limited

Archroma Pakistan Limited (PSX: ARPL) is a limited liability company that was previously known as Sandoz (1963-1995)...

Published 05 Jul, 2024 08:29am

Pakistan

The Weather

KARACHI: The weather report on Thursday (July 04, 2024) and the forecast for Friday (July 05, 2024)...

Published 05 Jul, 2024 03:17am

World

Xi and Putin set out ambitions for Eurasian security club

ASTANA: China’s President Xi Jinping and Russia’s Vladimir Putin pressed their case on Thursday for closer...

Published 05 Jul, 2024 03:17am

World

India, China foreign ministers agree to work on border issues

NEW DELHI/BEIJING: India’s Foreign Minister Subrahmanyam Jaishankar met his Chinese counterpart Wang Yi on ...

Published 05 Jul, 2024 03:17am

World

EU slaps Chinese electric cars with tariffs of up to 38pc

BRUSSELS: The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric ...

Published 05 Jul, 2024 03:17am

World

25 people drown in Sudan fleeing fighting

PORT SUDAN: Around 25 people have drowned in Sudan’s southeast while trying to flee fighting between the Sudanese...

Published 05 Jul, 2024 03:17am

World

French far right insists election triumph possible despite pacts

PARIS: The French far-right National Rally (RN) insisted Thursday that it could still win an absolute majority in...

Published 05 Jul, 2024 03:17am

World

Hurricane Beryl churns towards Mexico after hammering Jamaica

KINGSTON, (Jamaica): Hurricane Beryl powered towards Mexico and the Cayman Islands early Thursday, threatening ...

Published 05 Jul, 2024 03:17am

World

Oslo Pride shooter handed maximum sentence

OSLO: The gunman who killed two people at Oslo’s 2022 Pride festival was handed decades behind bars Thursday over...

Published 05 Jul, 2024 03:17am

World

Floods kill nine in India and BD, millions affected

GUWAHATI, (India): Torrential rains and surging rivers across northeast India and neighbouring Bangladesh have ...

Published 05 Jul, 2024 03:17am

World

Ethiopia hoping for $10.5bn financial aid in coming years: PM

ADDIS ABABA: Ethiopian Prime Minister Abiy Ahmed said on Thursday he was expecting about $10.5 billion in financial...

Published 05 Jul, 2024 03:17am

Pakistan

Shortage of petrol likely at some places

ISLAMABAD: People may face a shortage of petrol in some places in the country following a countrywide strike on July...

Published 05 Jul, 2024 03:17am

Pakistan

PTI rejects power tariff hike

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Thursday vehemently rejected the massive Rs 5.72 per unit increase in...

Published 05 Jul, 2024 03:17am

Pakistan

LDA seals four properties

LAHORE: The Lahore Development Authority (LDA) has sealed four properties in New Muslim Town over non-payment of...

Published 05 Jul, 2024 03:17am

Technology

Mobile World Congress Shanghai 2024: Huawei highlights advancements in 5G-A technology, AI integration

ISLAMABAD: Huawei made a significant impact at the Mobile World Congress (MWC) Shanghai 2024, highlighting its...

Published 05 Jul, 2024 03:17am

Pakistan

Minister defends cut in PSDP

ISLAMABAD: Minister for Planning Ahsan Iqbal said that to implement the International Monetary Fund (IMF) plan, a ...

Published 05 Jul, 2024 03:17am

Pakistan

Majalis and processions: Punjab IG finalises security arrangements

LAHORE: Inspector General of Police Punjab, Dr. Usman Anwar, has said that in view of the upcoming Muharram ul ...

Published 05 Jul, 2024 03:17am

Pakistan

Police given another chance to recover Gill’s brother

LAHORE: The Lahore High Court on Thursday allowed another opportunity to police for the recovery of PTI leader...

Published 05 Jul, 2024 03:17am

Pakistan

PFA inspects 141 food points in Lahore

LAHORE: The Punjab Food Authority (PFA) has inspected 141 eateries including fruit shops and fast food points to...

Published 05 Jul, 2024 03:17am

Sports

Naqvi says getting input from former cricketers to improve cricket in country

LAHORE: Expressing his firm resolve to establish the cricketing affairs on sound footings, Pakistan Cricket Board...

Published 05 Jul, 2024 03:17am

Pakistan

Violators of peace: Lists sought from DCs

LAHORE: The Punjab Home Department has sought lists from all districts for the banning and gagging of those who pose...

Published 05 Jul, 2024 03:17am

Detection of tax fraud cases: PM directs FBR to expedite efforts

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to expedite efforts for...

Updated 05 Jul, 2024 09:18am

Power minister promises tariff relief

ISLAMABAD: Federal Minister for Energy Awais Leghari acknowledged on Thursday the current high electricity prices in...

Updated 05 Jul, 2024 08:55am

World

Labour tipped for historic win

LONDON: Britain voted Thursday in a general election that polls predict will hand the opposition Labour party a...

Published 05 Jul, 2024 03:17am

World

Biden vows to stay ‘to the end’

WASHINGTON: US President Joe Biden vowed to stay in the 2024 presidential race during calls with campaign staff and...

Published 05 Jul, 2024 03:17am

Pakistan

SCO states urged to tackle terrorism issue: PM for international engagement with Afghan govt

ASTANA: Prime Minister Shehbaz Sharif on Thursday reaffirming Pakistan’s commitment to SCO objectives of peace and...

Published 05 Jul, 2024 03:17am

World

Kenya president spoke to IMF chief after pulling tax hikes

NAIROBI: Kenyan President William Ruto spoke by phone with International Monetary Fund chief Kristalina Georgieva in...

Published 05 Jul, 2024 03:17am

Unregistered retailers: 2.5pc advance tax stirs up a hornet’s nest

Thrusts entire FMCG sector into the role of withholding agents

Updated 05 Jul, 2024 09:33am

Transition plan to wind up PWD: ED creates surplus pool of 7,000 employees

ISLAMABAD: The Establishment Division has created a surplus pool of around 7000P Public Works Department (PWD)...

Updated 05 Jul, 2024 09:18am

SCO member states’ summit: Pakistan will extend invitations to all heads

ISLAMABAD: The Foreign Office, on Thursday, categorically rejected the “baseless” assertions made about Pakistan in...

Updated 05 Jul, 2024 09:19am

‘Unjust’ budget: MoC, exporters join the chorus against MoF, FBR

ISLAMABAD: The Commerce Ministry and exporters on Thursday joined the chorus against Finance Ministry and Federal...

Updated 05 Jul, 2024 08:49am

HBFC sell-off progress reviewed: Talks held with interested business group

ISLAMABAD: Federal Minister Privatisation Abdul Aleem Khan, Minister for Finance Muhammad Aurangzeb and Minister for...

Updated 05 Jul, 2024 09:28am

Discos’ consumers: Nepra set to hold hearing to put its stamp on revised SoT

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is all set to hold a public hearing to put a...

Updated 05 Jul, 2024 08:50am

884MW Suki Kinari project: NESPAK jubilant over hi-pot testing of transmission line on time

ISLAMABAD: National Engineering Services Pakistan (Pvt) Limited is jubilant over hi-pot testing of transmission line...

Updated 05 Jul, 2024 09:29am

FY24: forex reserves record increase of over $5bn on foreign inflows

Foreign exchange position improved during the last fiscal year supported by arrival of inflows from the international financial and multilateral agencies

Published 04 Jul, 2024 07:44pm

Pakistan

Qatar pledges support for Pakistan’s climate-vulnerable sectors

Both countries discuss collaboration on climate risk management, environment conservation, and other areas of interest

Published 04 Jul, 2024 07:32pm

Markets

SBP-held foreign exchange reserves increase $494mn, now stand at $9.39bn

Central bank says official inflows from multilateral agencies helped boost foreign currency reserves

Updated 04 Jul, 2024 04:37pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 5	278.60
USD PKR Interbank Buying / Jul 5	278.40
USD to Japanese Yen / Jul 5	160.75
USD to Swiss Franc / Jul 5	0.90
Pound Sterling to USD / Jul 5	1.28
Euro to USD / Jul 5	1.08

Stock	Volume
S&P 500 / Jul 3	5,537.02
Nasdaq / Jul 3	18,188.30
Dow Jones / Jul 3	39,308
FTSE 100 / Jul 4	8,241.26
Germany DAX 30 / Jul 4	18,450.48
France CAC40 / Jul 4	7,695.78
India Sensex / Jul 5	79,738.45
Tokyo Nikkei / Jul 5	40,839.75

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 4	18,235
Gold 10 Grams PKR / Jul 4	207,733.20
Petrol/Litre / Jul 5	265.61
Crude Oil USD/Barrel / Jul 5	83.69
Gold Spot USD/Ounce / Jul 5	2,363.70
Diesel/Litre / Jul 5	277.45

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 5 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 5 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 5 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 5 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 5 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 5 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 5 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 5 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 5 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 5 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 5 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 5 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 5 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 5 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 5 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 5 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 5 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 5 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 5 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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