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Markets

Palm rises after 3 days of fall, set for first weekly drop in four

JAKARTA: Malaysian palm oil futures rose on Friday after three straight sessions of losses but were on course for...

Published 15 Nov, 2024 11:26am

Markets

Buying spree continues, KSE-100 gains over 500 points

Buying spree continued at the Pakistan Stock Exchange (PSX), as investor concerns over the possibility of a...

Published 15 Nov, 2024 11:03am

Markets

Intra-day update: rupee strengthens against US dollar

The Pakistani rupee strengthened against the US dollar, appreciating 0.09% during the opening hours of trading in...

Published 15 Nov, 2024 10:59am

Technology

TikTok makes AI driven ad tool available globally

SAN FRANCISCO: TikTok on Thursday began letting all marketers on its platform use an artificial intelligence-powered...

Published 15 Nov, 2024 10:34am

World

North Korean leader orders ‘mass production’ of attack drones

SEOUL: North Korean leader Kim Jong Un has ordered the “mass production” of attack drones, state media reported...

Published 15 Nov, 2024 10:31am

Business & Finance

BAFL operations in Bangladesh: central banks give green signal for due diligence facilitation

The central banks of Pakistan and Bangladesh have granted in-principle approval to Bank Alfalah Limited (BAFL) to...

Published 15 Nov, 2024 10:31am

Markets

Asian markets fluctuate at end of tough week

HONG KONG: Asian markets were mixed Friday after Federal Reserve boss Jerome Powell tempered expectations for...

Published 15 Nov, 2024 10:27am

World

Sri Lankan president’s coalition set for majority in snap election

COLOMBO: Sri Lankan President Anura Kumara Dissanayake’s coalition, the National People’s Power (NPP), was set to...

Published 15 Nov, 2024 10:21am

Markets

Japan rubber futures rise on weaker yen, focus on Trump cabinet

SINGAPORE: Japanese rubber futures rose on Friday, boosted by a weaker yen, although U.S. President-elect Donald...

Published 15 Nov, 2024 10:16am

Business & Finance

Lenovo plans global factory expansion as Q2 results beat; eyes AI growth

BEIJING: Lenovo will further diversify its supply chain and plans to open more manufacturing facilities outside...

Published 15 Nov, 2024 10:13am

Markets

London copper ticks up but heads for worst week in four months

London copper prices nudged up on Friday but were set for their worst week in four months amid a surging U.S....

Published 15 Nov, 2024 10:07am

Business & Finance

Indonesia’s exports, imports beat forecasts, trade surplus less than expected

JAKARTA: Indonesia reported stronger-than-expected export and import growth in October, amid strong agriculture...

Published 15 Nov, 2024 10:04am

Markets

China October aluminium output rises on firm demand, higher prices

SINGAPORE: China’s October aluminium output rose from a year earlier, official data showed on Friday, with a firm...

Published 15 Nov, 2024 10:01am

Markets

Gold faces worst week in more than 3 years on bets of slower Fed easing

Gold traded little changed on Friday, but was set for its worst week in more than three years, hurt by a stronger...

Published 15 Nov, 2024 09:59am

Markets

Iron ore falters on China property woes, heads for weekly loss

SINGAPORE: Iron ore futures prices fell for a second straight session on Friday and were set for a weekly decline,...

Published 15 Nov, 2024 09:57am

Markets

China’s yuan on course for seventh weekly drop, longest losing streak since 2021

SHANGHAI: China’s yuan slipped against the dollar on Friday and looked set for the seventh straight weekly drop, the...

Published 15 Nov, 2024 09:55am

World

Malaysia’s economy grows 5.3% y/y in Q3

KUALA LUMPUR: Malaysia’s economy grew 5.3% in the third quarter from a year earlier, slowing from an 18-month high...

Published 15 Nov, 2024 09:52am

Markets

BOJ may offer hints of next rate-hike timing in Ueda’s closely watched speech

TOKYO: Bank of Japan Governor Kazuo Ueda will deliver a speech and hold a news conference in the central Japan city...

Published 15 Nov, 2024 09:48am

Markets

Australian shares gain as miners and banks advance

Australian shares rose on Friday, led by index heavyweights miners and banks, while Woolworths and Coles said they...

Published 15 Nov, 2024 09:43am

Markets

Japan’s Nikkei rises as auto, bank shares gain

TOKYO: Japan’s Nikkei share average rose on Friday as a weaker yen lifted automakers, and financial stocks gained...

Published 15 Nov, 2024 09:42am

Markets

Oil dips on oversupply concerns, heads for weekly loss

Oil prices edged down early on Friday as oversupply concerns and demand worries stemming from a stronger dollar...

Published 15 Nov, 2024 09:39am

Markets

Dollar eyes weekly gain on slower Fed easing, inflation outlook

SINGAPORE: The dollar was headed for its best week in more than a month on Friday, buoyed by expectations of fewer...

Published 15 Nov, 2024 09:37am

BR Research

The Fund must not behave like an accountant

It takes one to know one. The only IMF structural adjustment program ever successfully implemented by Pakistan was...

Published 15 Nov, 2024 08:32am

BR Research

Strong dollar weakens oil

Following Donald Trump’s historic return to the White House, the US dollar has gone on to a bull rally, seeing it...

Published 15 Nov, 2024 08:26am

BR Research

Pak Leather Crafts Limited

Pak Leather Crafts Limited (PSX: PAKL) is incorporated in Pakistan as a public limited company. It was established...

Published 15 Nov, 2024 08:15am

Pakistan

Minister orders action against corrupt officials in NHA

ISLAMABAD: Adopting a zero tolerance policy in the National Highways Authority (NHA), Federal Minister for...

Published 15 Nov, 2024 07:42am

Pakistan

Toshakhana-I case: NAB urges IHC to nullify sentences to IK, Bushra

ISLAMABAD: The National Accountability Bureau (NAB) on Thursday requested the Islamabad High Court (IHC) to nullify...

Published 15 Nov, 2024 07:40am

Pakistan

PHC grants transit bail to Gandapur for three weeks

PESHAWAR: The Peshawar High Court (PHC) on Thursday granted transit bail for three weeks to Chief Minister Ali Amin...

Published 15 Nov, 2024 07:32am

Pakistan

PM urges nation to offer Salat-Al-Istisqa

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday called upon the nation to offer Salat-Al-Istisqa or prayer for...

Published 15 Nov, 2024 07:32am

Pakistan

Prisoner of Adiala Jail dreams of bloody revolution: Azma

LAHORE: Punjab Information Minister Azma Bokhari has said that the prisoner of Adiala Jail is dreaming of a bloody...

Published 15 Nov, 2024 07:30am

Pakistan

PTI’s Faisal Javed Khan acquitted

ISLAMABAD: A local court on Thursday acquitted Pakistan Tehreek-e-Insaf (PTI) leader Faisal Javed Khan from a case...

Published 15 Nov, 2024 07:28am

Business & Finance

Regulatory reforms: Public-private dialogue in key agricultural markets held

ISLAMABAD: Following the directives of the Prime Minister, the Public-Private Dialogue on Regulatory Reforms in Key...

Published 15 Nov, 2024 07:27am

Pakistan

Development projects in Islamabad: Review meeting held to assess progress

ISLAMABAD: Capital Development Authority (CDA) Chairman Muhammad Ali Randhawa led a review meeting on Thursday to...

Published 15 Nov, 2024 07:25am

Business & Finance

SBP holds ‘Islamic Banking’ seminar at HCSTSI Secretariat

HYDERABAD: President of Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), Muhammad Saleem Memon...

Published 15 Nov, 2024 07:24am

Business & Finance

SECP notifies Regulations for securities managers

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has allowed eligible securities brokers to...

Published 15 Nov, 2024 07:23am

Pakistan

Private healthcare facilities: Senate body for setting price benchmark for lab tests

ISLAMABAD: The Senate Standing Committee on National Health Services, Regulations, and Coordination (NHSRC) called ...

Published 15 Nov, 2024 07:20am

Pakistan

Suicide bomber failed to target police van in Charsadda

PESHAWAR: A suicide bomber in Akhun Dheri area of district Charsadda on Thursday failed to hit his intended target, ...

Published 15 Nov, 2024 07:19am

Pakistan

Major among two martyred in Harnai

ISLAMABAD: Two soldiers, including an army officer, were martyred during a military operation in Balochistan’s...

Published 15 Nov, 2024 06:39am

World

VAT fraud ring broken in Europe, 520m euros seized

ROME: Investigators have broken up a mafia-linked crime ring carrying out VAT fraud in Europe, issuing around 40...

Published 15 Nov, 2024 06:36am

World

EU fines Meta $840m for ‘abusive’ Facebook ad practices

BRUSSELS: The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by ...

Published 15 Nov, 2024 06:32am

World

Trump fills out cabinet as divisive picks shock Washington

WASHINGTON: All eyes were on Donald Trump’s transition team Thursday, after a series of provocative and startling...

Published 15 Nov, 2024 06:20am

World

COP29 climate talks grapple with trillion-dollar task

BAKU: Developing countries need at least $1 trillion per year by the end of the decade to cope with climate change,...

Published 15 Nov, 2024 06:20am

Pakistan

The Weather

KARACHI: The weather report on Thursday (November 14, 2024) and the forecast for Friday (November 15, 2024)...

Published 15 Nov, 2024 06:20am

World

India’s toxic smog hides Taj Mahal, delays flights

NEW DELHI: Toxic smog obscured India’s famed monument to love, the Taj Mahal, as well as Sikhism’s holiest...

Published 15 Nov, 2024 06:20am

World

Xi arrives in Lima for APEC, to open Pacific megaport

LIMA: Chinese President Xi Jinping will arrive in Lima on Thursday, kicking off a week-long diplomatic blitz in ...

Published 15 Nov, 2024 06:20am

Pakistan

Party and its leadership: PTI demands judicial inquiry into heavy-handed suppression

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has demanded judicial inquiry by chief justice of Pakistan, along with the...

Published 15 Nov, 2024 06:20am

Pakistan

NA body meeting adjourned due to lack of quorum

ISLAMABAD: The meeting of the National Assembly Standing Committee on Information Technology and Telecommunication...

Published 15 Nov, 2024 06:20am

Pakistan

Zamir Kabulov pays a day-long visit

ISLAMABAD: The Special Representative of the President of the Russian Federation on Afghanistan, Ambassador Zamir...

Published 15 Nov, 2024 06:20am

Pakistan

Intra-party elections case: PTI’s plea seeking more time to submit record allowed by ECP

ISLAMABAD: The electoral entity has accepted the PTI’s request to be given more time till next month, for...

Published 15 Nov, 2024 06:20am

Pakistan

Bail pleas of IK, spouse rejected; indictment on 18th

RAWALPINDI: A special court on Thursday rejected Pakistan Tehrik-e-Insaf (PTI) founding chairman Imran Khan and his...

Published 15 Nov, 2024 06:20am

Pakistan

Ahsan encourages media to ‘expand coverage beyond politics’

ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal encouraged Pakistani ...

Published 15 Nov, 2024 06:20am

Pakistan

Huge quantity of smuggled Iranian diesel seized

KARACHI: Collectorate of Customs Enforcement on Thursday seized a substantial quantity of smuggled Iranian diesel...

Published 15 Nov, 2024 06:20am

Pakistan

LG bye-elections: PPP wins 8 seats in Karachi

Karachi: Pakistan People’s Party (PPP) won 8 seats while Jamaat-e-Islami candidates succeeded in winning 2 seats....

Published 15 Nov, 2024 06:20am

Pakistan

‘Cancer diagnosis’: Maryam rejects rumours

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has denied rumours about her health, categorically stating that ...

Published 15 Nov, 2024 06:20am

Pakistan

Siddique Sheikh takes oath as member of PPSC

LAHORE: Muhammad Siddique Sheikh has been sworn in as a member of the Punjab Public Service Commission (PPSC). The...

Published 15 Nov, 2024 06:20am

Pakistan

World Diabetes Day-2024 marked: ‘CM’s Insulin Programme’ being launched across Punjab

LAHORE: Like other parts of the globe, ‘The World Diabetes Day-2024’ was marked here on Thursday with a resolve...

Published 15 Nov, 2024 06:20am

Pakistan

Media orientation on immunisation, introduction of HPV vaccines held

FAISALABAD: To enhance the knowledge base of media personnel regarding Expanded Programme on Immunization (EPI) in...

Published 15 Nov, 2024 06:20am

Pakistan

Traffic problems resolved to a greater extent: Sindh govt to acquire Green Line bus service by Dec-end: Sharjeel

KARACHI: Sindh Senior Minister Sharjeel Inam Memon stated that the Sindh government is actively working to address...

Published 15 Nov, 2024 06:20am

Pakistan

CJCSC meets Qatar’s deputy PM, chief of staff

RAWALPINDI: Chairman Joint Chiefs of Staff Committee (CJCSC) General Sahir Shamshad Mirza held separate meetings ...

Published 15 Nov, 2024 06:20am

Pakistan

Judicial efficiency, transparency: CJP invites universities to contribute expertise

ISLAMABAD: Chief Justice of Pakistan (CJP) Justice Yahya Afridi acknowledged the invaluable role of academia, and...

Published 15 Nov, 2024 06:20am

Pakistan

Committed to empowering deserving families: BISP Secy

ISLAMABAD: Benazir Income Support Programme (BISP) Secretary Amer Ali Ahmad has expressed commitment to the economic...

Published 15 Nov, 2024 06:20am

World

EU funds joint weapons procurement for first time

BRUSSELS: The European Union said on Thursday it has for the first time funded member states’ joint procurement of...

Published 15 Nov, 2024 06:20am

Pakistan

Efforts intensified to close markets at 8pm

LAHORE: The Lahore district administration intensified its effort to implement the orders to close the markets at ...

Published 15 Nov, 2024 06:20am

Pakistan

Air pollution, smog issues: Experts call for preventive steps to save people from complications

LAHORE: Expressing serious concern over current wane of air pollution and smog, health professionals have called for...

Published 15 Nov, 2024 06:20am

Pakistan

First AI policy to be roll-out over next couple of months

ISLAMABAD: The Ministry of IT and Telecom announced Pakistan is set to roll-out its first artificial intelligence...

Published 15 Nov, 2024 06:20am

Pakistan

‘Pakistan contributes less than 0.5pc to global emissions’

ISLAMABAD: Federal Minister for Information, Broadcasting, National Heritage, and Culture Attaullah Tarar emphasised...

Published 15 Nov, 2024 06:20am

Pakistan

Unofficial results: JI ahead in LB by-polls

KARACHI: Jamaat-e-Islami (JI) is leading the local bodies by-elections, winning 6 out of the 10 contested seats on...

Published 15 Nov, 2024 06:20am

Pakistan

Woman held for performing 'Golden Umrah'

KARACHI: Police in Karachi on Thursday arrested a woman, who had stolen 20 tolas of gold from her neighbour’s home...

Published 15 Nov, 2024 06:20am

Pakistan

26th Constitutional Amendment: SCBA body disowns its secretary’s statement

ISLAMABAD: The Executive Committee of the Supreme Court Bar Association (SCBA) disowned the statement of its...

Updated 15 Nov, 2024 09:25am

Pakistan

Constitutional bench dismisses review plea against Isa

ISLAMABAD: The constitutional bench of the Supreme Court dismissed a review petition against the appointment of Qazi...

Updated 15 Nov, 2024 08:50am

Business & Finance

Panel informed: Unemployment rate stands at 6.3pc

ISLAMABAD: A parliamentary panel was informed on Thursday that the unemployment rate in the country stands at 6.3...

Published 15 Nov, 2024 06:20am

Editorials

Battling smog

EDITORIAL: As record levels of air pollution blanket urban centres in Punjab with AQI readings much higher than the...

Published 15 Nov, 2024 06:20am

Editorials

Investment versus deposit

EDITORIAL: Pakistan’s Advance to Deposit Ratio (ADR), defined as comparing banks total loans to total deposits...

Published 15 Nov, 2024 06:20am

Business & Finance

Tax dept ‘fails’ to disallow input tax claim against UFG

LAHORE: The tax department has failed to disallow a major gas pipeline company’s input tax claim, citing that it...

Published 15 Nov, 2024 06:20am

Business & Finance

‘China (Shandong)-Pak Economic & Trade Matchmaking Conference’ held

LAHORE: The Department of Commerce of Shandong Province (China) recently hosted the China (Shandong)-Pakistan...

Published 15 Nov, 2024 06:20am

Bilawal hits out at govt over ‘shutdown of VPN’

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto has flayed government over shutdown of VPN and...

Updated 15 Nov, 2024 08:49am

Pakistan

‘China seeking joint security mechanism’: FO assails, rejects impression

ISLAMABAD: Pakistan has rejected the impression that Beijing is pursuing Islamabad on joint security mechanism to...

Published 15 Nov, 2024 06:20am

Business & Finance

Appeal system becomes dysfunctional: Uncertainty surrounds Rs2.7trn tax litigations: PTBA

KARACHI: The country’s tax appeal system has fallen into “dysfunction” phase six months after major reforms were...

Updated 15 Nov, 2024 09:23am

NA body told: 115 development projects may be delayed

ISLAMABAD: The Ministry of Communications has apprised a parliamentary panel on Thursday that on-going 115...

Updated 15 Nov, 2024 08:50am

ECC directs NAB to surrender lapsable funds

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed National Accountability Bureau...

Updated 15 Nov, 2024 09:28am

Punjab PA passes Agri Income Tax Bill, PPP stages walkout

LAHORE: The Punjab government has passed the Punjab Agricultural Income Tax Bill 2024 in the provincial assembly...

Updated 15 Nov, 2024 10:17am

Mini-budget: Minister says ‘it will be premature to comment’

ISLAMABAD: Minister of State for Revenue Ali Pervez Malik said Thursday that it would be premature to comment...

Updated 15 Nov, 2024 09:29am

Business & Finance

Forex reserves up $34m

KARACHI: The country’s total liquid foreign exchange reserves increased by $ 34 million during the last week....

Published 15 Nov, 2024 06:20am

IPPs talks and power sector: Minister to brief IMF team today

ISLAMABAD: Power Division’s team led by Minister for Power, Sardar Awais Ahmad Khan Leghari is to give a detailed...

Updated 15 Nov, 2024 09:26am

NFP, agri tax review: Provincial govts to face IMF scrutiny today

ISLAMABAD: The International Monetary Fund (IMF) team is set to question the provincial governments on Friday (Nov...

Updated 15 Nov, 2024 09:20am

Salaried class: Govt explains how tax burden can be lessened

Will reduce tax burden on salaried class and withdraw tax on milk if FBR is able to recover Rs 300 billion to Rs 350 billion of tax evasion from non-duty paid and smuggled cigarettes

Published 14 Nov, 2024 11:41pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 14	277.83
USD PKR Interbank Buying / Nov 14	277.63
USD to Japanese Yen / Nov 14	156.48
USD to Swiss Franc / Nov 14	0.89
Pound Sterling to USD / Nov 14	1.27
Euro to USD / Nov 14	1.05

Stock	Volume
S&P 500 / Nov 14	5,949.17
India Sensex / Nov 14	77,580.31
Tokyo Nikkei / Nov 14	38,759.03
Nasdaq / Nov 14	19,107.65
Hang Seng / Nov 14	19,538.26
FTSE 100 / Nov 14	8,071.19
Dow Jones / Nov 14	43,750.86
Germany DAX 30 / Nov 14	19,263.70

Item	Value
Crude Oil USD/Barrel / Nov 14	68
Karachi Cotton PKR/37.32 KG / Nov 14	18,085
Gold 10 Grams PKR / Nov 14	232,340
Gold Spot USD/Ounce / Nov 14	2,560.81
Cotton US¢/pound / Nov 14	70.04
Petrol/Litre / Nov 15	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▼ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	61.35 ▼ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.03 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▼ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 15 786 Investments Limited(786)	6.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 15 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▲ 0.00 (0.00%)
Agro Allianz / Nov 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 15 Ali Asghar Textile Mills Limited(AATM)	61.35 ▲ 0.00 (0.00%)
Allied Bank / Nov 15 Allied Bank Limited(ABL)	114.03 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 15 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▲ 0.00 (0.00%)
Abson Ind. / Nov 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 15 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 15 Worldcall Telecom Limited(WTL)	177,393,273 ▲ 0.00
Hascol Petrol / Nov 15 Hascol Petroleum Limited(HASCOL)	59,224,094 ▲ 0.00
Treet Battery / Nov 15 Treet Battery Limited(TBL)	47,940,702 ▲ 0.00
Sui South Gas / Nov 15 Sui Southern Gas Company Limited(SSGC)	42,748,255 ▲ 0.00
Cnergyico PK / Nov 15 Cnergyico PK Limited(CNERGY)	32,665,062 ▲ 0.00
TPL Properties / Nov 15 TPL Properties Limited(TPLP)	30,497,881 ▲ 0.00
Treet Corp / Nov 15 Treet Corporation Limited(TREET)	29,734,104 ▲ 0.00
Telecard Limited / Nov 15 Telecard Limited(TELE)	29,162,423 ▲ 0.00
Pak Refinery / Nov 15 Pakistan Refinery Limited(PRL)	27,309,247 ▲ 0.00

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