News Archives for Print - 2019-08-23

New healthcare plan

As part of his government's plan to promote universal health coverage, last Saturday Prime Minister Imran Khan launched the 'Sehat Sahulat (health facility) Programme' for people with disabilities as well as their families. "We want to cover everyone and

Updated 23 Aug, 2019 06:11am

Remuneration of banks' board members

According to the latest instructions, the State Bank has fixed the maximum limit of remuneration at Rs 800,000 to be paid to the board members of banks and DFIs and advised them not to award the consultancy or allied work to a director or to the firm, ins

Updated 23 Aug, 2019 06:35am

Court orders P. Chidambaram held for questioning

An Indian court on Thursday ordered that a former finance minister belonging to the opposition Congress party be held for four days for questioning by investigators in suspected bribery and money laundering cases. Palaniappan Chidambaram appeared before J

Published 23 Aug, 2019 12:00am

Court orders P. Chidambaram held for questioning

An Indian court on Thursday ordered that a former finance minister belonging to the opposition Congress party be held for four days for questioning by investigators in suspected bribery and money laundering cases. Palaniappan Chidambaram appeared before J

Published 23 Aug, 2019 12:00am

Lithuania urges Amazon to drop Soviet-themed goods

Lithuania on Thursday called on US e-commerce giant Amazon to stop selling Soviet-themed goods online, saying the hammer and sickle symbol offended victims of totalitarian communism. The Baltic state's independence icon Vytautas Landsbergis published an o

Published 23 Aug, 2019 12:00am

Lithuania urges Amazon to drop Soviet-themed goods

Lithuania on Thursday called on US e-commerce giant Amazon to stop selling Soviet-themed goods online, saying the hammer and sickle symbol offended victims of totalitarian communism. The Baltic state's independence icon Vytautas Landsbergis published an o

Published 23 Aug, 2019 12:00am

Thermal power producers: Capacity payments have eaten up anti-theft government efforts

The government has acknowledged that capacity payments to thermal power producers have eaten up all the efforts of the present government against theft and its recovery drive, as two-day consultations on new draft Renewable Energy Policy started here on T

Published 23 Aug, 2019 12:00am

Thermal power producers: Capacity payments have eaten up anti-theft government efforts

The government has acknowledged that capacity payments to thermal power producers have eaten up all the efforts of the present government against theft and its recovery drive, as two-day consultations on new draft Renewable Energy Policy started here on T

Published 23 Aug, 2019 12:00am

'We won't give an inch': India faces legitimate defiance in 'Kashmir's Gaza'

Young men sit beside a pile of rocks and a bonfire, protecting the only entrance to a besieged neighbourhood they call "Kashmir's Gaza" as a mosque loudspeaker broadcasts slogans of liberation. In an act of defiance against New Delhi's highly controversia

Published 23 Aug, 2019 12:00am

'We won't give an inch': India faces legitimate defiance in 'Kashmir's Gaza'

Young men sit beside a pile of rocks and a bonfire, protecting the only entrance to a besieged neighbourhood they call "Kashmir's Gaza" as a mosque loudspeaker broadcasts slogans of liberation. In an act of defiance against New Delhi's highly controversia

Published 23 Aug, 2019 12:00am

Pentagon chief confirms death of Osama's son

US Secretary of Defence Mark Esper has confirmed the death of Hamza Bin Laden, the son and designated heir of Al-Qaeda founder Osama bin Laden. "That's my understanding," Esper said in an interview late Wednesday with Fox News, when asked if Hamza bin Lad

Published 23 Aug, 2019 12:00am

Pentagon chief confirms death of Osama's son

US Secretary of Defence Mark Esper has confirmed the death of Hamza Bin Laden, the son and designated heir of Al-Qaeda founder Osama bin Laden. "That's my understanding," Esper said in an interview late Wednesday with Fox News, when asked if Hamza bin Lad

Published 23 Aug, 2019 12:00am

Chaudhry Sugar Mills case: NAB initiates probe against Nawaz

The National Accountability Bureau (NAB) is learnt to have initiated an investigation against former premier Nawaz Sharif in Chaudhry Sugar Mills case The NAB has sent a questionnaire to Nawaz in jail. The Kot Lakhpat jail superintendent received question

Published 23 Aug, 2019 12:00am

Chaudhry Sugar Mills case: NAB initiates probe against Nawaz

The National Accountability Bureau (NAB) is learnt to have initiated an investigation against former premier Nawaz Sharif in Chaudhry Sugar Mills case The NAB has sent a questionnaire to Nawaz in jail. The Kot Lakhpat jail superintendent received question

Published 23 Aug, 2019 12:00am

Exchange

MLAT yet to be signed: FIA has no access to cyber crimes data in US

The Federal Investigation Agency (FIA) is facing hardships in obtaining the data of alleged cyber criminals from the United States as the federal government is yet to sign the Mutual Legal Assistance Treaty (MLAT) and the cyber crimes clause of the Buddha

Published 23 Aug, 2019 12:00am

Exchange

MLAT yet to be signed: FIA has no access to cyber crimes data in US

The Federal Investigation Agency (FIA) is facing hardships in obtaining the data of alleged cyber criminals from the United States as the federal government is yet to sign the Mutual Legal Assistance Treaty (MLAT) and the cyber crimes clause of the Buddha

Published 23 Aug, 2019 12:00am

Address to UNGA: PM to embark on US visit on September 23

Prime Minister Imran Khan will leave for the United States on four-day official visit on September 23. During his visit, the prime minister will address the United Nations General Assembly (UNGA) in New York. Imran will also hold separate meetings with le

Published 23 Aug, 2019 12:00am

Address to UNGA: PM to embark on US visit on September 23

Prime Minister Imran Khan will leave for the United States on four-day official visit on September 23. During his visit, the prime minister will address the United Nations General Assembly (UNGA) in New York. Imran will also hold separate meetings with le

Published 23 Aug, 2019 12:00am

Money deposited by Bahria Town: SC issues notice to Sindh government

Attorney General for Pakistan has urged the Supreme Court that the entire money deposited by Bahria Town Limited, Karachi, and held by the court may be ordered to be deposited in the 'Public Account of the federal government.' A three-member bench, headed

Published 23 Aug, 2019 12:00am

Money deposited by Bahria Town: SC issues notice to Sindh government

Attorney General for Pakistan has urged the Supreme Court that the entire money deposited by Bahria Town Limited, Karachi, and held by the court may be ordered to be deposited in the 'Public Account of the federal government.' A three-member bench, headed

Published 23 Aug, 2019 12:00am

Scores missing after SW China hit by mudslides

Nine people have died and 35 are still missing after a series of mudslides in an autonomous region of China's southwestern Sichuan province, local authorities said Thursday. A 33-year-old firefighter was among those killed by a flash flood that tipped ove

Published 23 Aug, 2019 12:00am

ITF postpones Pakistan-India Davis Cup series

The International Tennis Federation has postponed next month's Davis Cup series between India and Pakistan because of the recent political tension over the disputed territory of Kashmir. The ITF says it made the decision "following an in-depth security re

Published 23 Aug, 2019 12:00am

ITF postpones Pakistan-India Davis Cup series

The International Tennis Federation has postponed next month's Davis Cup series between India and Pakistan because of the recent political tension over the disputed territory of Kashmir. The ITF says it made the decision "following an in-depth security re

Published 23 Aug, 2019 12:00am

All options being explored: FO

The Foreign Office said Thursday that all options are being explored in consultation with all stakeholders, including a review of bilateral engagements with India and taking it to International Court of Justice (ICJ), in the wake of Modi government's ille

Published 23 Aug, 2019 12:00am

All options being explored: FO

The Foreign Office said Thursday that all options are being explored in consultation with all stakeholders, including a review of bilateral engagements with India and taking it to International Court of Justice (ICJ), in the wake of Modi government's ille

Published 23 Aug, 2019 12:00am

UN chief again suggests India-Pakistan dialogue

As the situation in Indian Occupied Kashmir continues to deteriorate, UN Secretary-General Antonio Guterres has again suggested dialogue between India and Pakistan to settle the grave crisis stemming from India's annexation of the disputed region. "The se

Published 23 Aug, 2019 12:00am

UN chief again suggests India-Pakistan dialogue

As the situation in Indian Occupied Kashmir continues to deteriorate, UN Secretary-General Antonio Guterres has again suggested dialogue between India and Pakistan to settle the grave crisis stemming from India's annexation of the disputed region. "The se

Published 23 Aug, 2019 12:00am

UN experts urge India to end 'collective punishment'

A group of UN human rights experts on Thursday urged India to end the communications blackout imposed on occupied Kashmir, warning it amounted to "collective punishment" and risked exacerbating regional tensions. They voiced alarm over the measures impose

Published 23 Aug, 2019 12:00am

UN experts urge India to end 'collective punishment'

A group of UN human rights experts on Thursday urged India to end the communications blackout imposed on occupied Kashmir, warning it amounted to "collective punishment" and risked exacerbating regional tensions. They voiced alarm over the measures impose

Published 23 Aug, 2019 12:00am

Army chief, PM discuss situation

Chief of Army Staff General Qamar Javed Bajwa called on Prime Minister Imran Khan here at PM Office on Thursday. During the meeting, they discussed the security matters and the situation pervading the Indian Occupied Jammu and Kashmir, a PM Office stateme

Published 23 Aug, 2019 12:00am

The Weather

The weather report on Thursday (August 22, 2019) and the forecast for Friday (August 23, 2019).

Published 23 Aug, 2019 12:00am

Army chief, PM discuss situation

Chief of Army Staff General Qamar Javed Bajwa called on Prime Minister Imran Khan here at PM Office on Thursday. During the meeting, they discussed the security matters and the situation pervading the Indian Occupied Jammu and Kashmir, a PM Office stateme

Published 23 Aug, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (August 22, 2019).

Published 23 Aug, 2019 12:00am

PM says will no longer seek talks with Modi

Deploring lack of any response to his repeated offers of dialogue to India before and after the August 5 crackdown in occupied Kashmir, Prime Minister Imran Khan has said he would no longer seek dialogue with his Indian counterpart Narendra Modi, whom he

Published 23 Aug, 2019 12:00am

Exchange

LME official prices

The following were Wednesday official prices.

Published 23 Aug, 2019 12:00am

PM says will no longer seek talks with Modi

Deploring lack of any response to his repeated offers of dialogue to India before and after the August 5 crackdown in occupied Kashmir, Prime Minister Imran Khan has said he would no longer seek dialogue with his Indian counterpart Narendra Modi, whom he

Published 23 Aug, 2019 12:00am

Exchange

LME official prices

The following were Wednesday official prices.

Published 23 Aug, 2019 12:00am

Exchange

PSX''s winning streak enters 4th day: BRIndex100 consolidates gains

Pakistan Stock Exchange Thursday witnessed another bullish session on the back of aggressive buying, mainly by local investors on expectations of economic growth and stability. BRIndex100 gained 114.39 points or 3.53 percent to close at 3,351.08 points. B

Published 23 Aug, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (August 22, 2019).

Published 23 Aug, 2019 12:00am

Exchange

PSX's winning streak enters 4th day: BRIndex100 consolidates gains

Pakistan Stock Exchange Thursday witnessed another bullish session on the back of aggressive buying, mainly by local investors on expectations of economic growth and stability. BRIndex100 gained 114.39 points or 3.53 percent to close at 3,351.08 points. B

Published 23 Aug, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (August 22, 2019)

Published 23 Aug, 2019 12:00am

Exchange

PSX's winning streak enters 4th day: BRIndex100 consolidates gains

Pakistan Stock Exchange Thursday witnessed another bullish session on the back of aggressive buying, mainly by local investors on expectations of economic growth and stability. BRIndex100 gained 114.39 points or 3.53 percent to close at 3,351.08 points. B

Updated 23 Aug, 2019 04:43am

Lahore Paper Market Rates

Paper market rates in rupees on Thursday (August 22, 2019).

Published 23 Aug, 2019 12:00am

Bulletproof vehicles case: NAB allowed to question ex-PM Abbasi

The Accountability Court on Thursday allowed National Accountability Bureau (NAB) to investigate former Prime Minister Shahid Khaqan Abbasi in connection with the bulletproof vehicles case. While hearing the case, Duty Judge Accountability Court Shahrukh

Published 23 Aug, 2019 12:00am

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (August 22, 2019).

Published 23 Aug, 2019 12:00am

Bulletproof vehicles case: NAB allowed to question ex-PM Abbasi

The Accountability Court on Thursday allowed National Accountability Bureau (NAB) to investigate former Prime Minister Shahid Khaqan Abbasi in connection with the bulletproof vehicles case. While hearing the case, Duty Judge Accountability Court Shahrukh

Published 23 Aug, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 22, 2019).

Published 23 Aug, 2019 12:00am

CEO-led CPHGC team meets PM

A delegation of China Power Hub Generation Company (CPHGC) led by Chief Executive Officer, Zhao Yonggang called on Prime Minister Imran Khan here at PM Office Islamabad on Thursday. Minister for Energy Omar Ayub Khan, Minister for Maritime Affairs Syed Al

Published 23 Aug, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 22, 2019).

Published 23 Aug, 2019 12:00am

CEO-led CPHGC team meets PM

A delegation of China Power Hub Generation Company (CPHGC) led by Chief Executive Officer, Zhao Yonggang called on Prime Minister Imran Khan here at PM Office Islamabad on Thursday. Minister for Energy Omar Ayub Khan, Minister for Maritime Affairs Syed Al

Published 23 Aug, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Thursday (August 22, 2019).

Published 23 Aug, 2019 12:00am

White House backs off plan to cut foreign aid

The White House will not move forward with plans to cut billions of dollars in foreign aid, a source familiar with the decision told Reuters on Thursday, after an outcry from lawmakers about what they saw as an attempt to sidestep Congress' authority over

Published 23 Aug, 2019 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Thursday (August 22, 2019).

Published 23 Aug, 2019 12:00am

White House backs off plan to cut foreign aid

The White House will not move forward with plans to cut billions of dollars in foreign aid, a source familiar with the decision told Reuters on Thursday, after an outcry from lawmakers about what they saw as an attempt to sidestep Congress' authority over

Published 23 Aug, 2019 12:00am

Currency

THE RUPEE: upward trend

Rising trend was seen on the currency market on Thursday in the process of trading activity, dealers said. The rupee rose by 32 paisas against the dollar for buying and selling at Rs 158.23 and Rs 158.25 respectively, they said.

Published 23 Aug, 2019 12:00am

Treasury's role ends: FBR to make refund payments out of its own pocket

All sales tax refunds due from July 1, 2019 would be paid from the current revenue stream of the Federal Board of Revenue and the Treasury would not be involved. This was revealed by a high-level source in the FBR to Business Recorder and confirme

Published 23 Aug, 2019 12:00am

Currency

THE RUPEE: upward trend

Rising trend was seen on the currency market on Thursday in the process of trading activity, dealers said. The rupee rose by 32 paisas against the dollar for buying and selling at Rs 158.23 and Rs 158.25 respectively, they said.

Published 23 Aug, 2019 12:00am

Treasury's role ends: FBR to make refund payments out of its own pocket

All sales tax refunds due from July 1, 2019 would be paid from the current revenue stream of the Federal Board of Revenue and the Treasury would not be involved. This was revealed by a high-level source in the FBR to Business Recorder and confirme

Published 23 Aug, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (August 22, 2019).

Published 23 Aug, 2019 12:00am

Mixed developments

With the publication of the LSM data for the month of June the full picture of the last year's performance has emerged. The production has declined by 3.64% during FY19, which is the poorest showing in last 10 years. All major sub-sectors like automobiles

Published 23 Aug, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (August 22, 2019).

Published 23 Aug, 2019 12:00am

Mixed developments

With the publication of the LSM data for the month of June the full picture of the last year's performance has emerged. The production has declined by 3.64% during FY19, which is the poorest showing in last 10 years. All major sub-sectors like automobiles

Published 23 Aug, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (August 22, 2019).

Published 23 Aug, 2019 12:00am

Growth-oriented programme being pursued: Hafeez

Adviser to the Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh on Thursday said that Pakistan was pursuing a growth-oriented programme for institutional reforms and economic revival. Talking to World Bank Country Director, Patchamuthu Illang

Published 23 Aug, 2019 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Thursday (August 22, 2019).

Published 23 Aug, 2019 12:00am

Growth-oriented programme being pursued: Hafeez

Adviser to the Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh on Thursday said that Pakistan was pursuing a growth-oriented programme for institutional reforms and economic revival. Talking to World Bank Country Director, Patchamuthu Illang

Published 23 Aug, 2019 12:00am

Member to Member

The following transactions member to member subsequently reported on Thursday (August 22, 2019).

Published 23 Aug, 2019 12:00am

Video case: IHC suspends judge as SC to announce verdict today

As the apex court will announce its judgement on Judge Arshad Malik video case on Friday (today), the Islamabad High Court on Thursday suspended the judge and directed that he be repatriated to Lahore High Court (LHC), his parent department.

Published 23 Aug, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (August 22, 2019)

Published 23 Aug, 2019 12:00am

Video case: IHC suspends judge as SC to announce verdict today

As the apex court will announce its judgement on Judge Arshad Malik video case on Friday (today), the Islamabad High Court on Thursday suspended the judge and directed that he be repatriated to Lahore High Court (LHC), his parent department.

Published 23 Aug, 2019 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (August 22, 2019)

Published 23 Aug, 2019 12:00am

Mutual Funds

Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 23 Aug, 2019 12:00am

Exchange

Board meetings in progress

Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.

Published 23 Aug, 2019 12:00am

Exchange

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.

Published 23 Aug, 2019 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 23 Aug, 2019 12:00am

Exchange

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 23 Aug, 2019 12:00am

Exchange

Clearing Schedule for T+2 System

Pakistan Stock Exchange's Clearing Schedule for T+2 System.

Published 23 Aug, 2019 12:00am

Dates of Closure of Books & Annual General Meetings

Exchange

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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