News Archives for Print - 2020-07-03

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Print - 2020-07-03

Exchange

Hundreds arrested after European police hack crime chat network

THE HAGUE: Police said Thursday they had arrested more than 800 people across Europe after shutting down an ...

Published 03 Jul, 2020 02:59am

China and UK clash over fate of Hong Kongers under new security law

HONG KONG: China promised Thursday to take countermeasures against Britain if it presses ahead with plans to extend...

Published 03 Jul, 2020 02:59am

US Congress passes Hong Kong sanctions targeting banks

WASHINGTON: The US Congress on Thursday approved tough new sanctions over Hong Kong that include penalties for banks...

Published 03 Jul, 2020 02:59am

Europe

Ghislaine Maxwell charged in Epstein sex abuse case

NEW YORK: British socialite Ghislaine Maxwell was arrested in the United States on Thursday and charged with sex...

Published 03 Jul, 2020 02:59am

Middle East

Fatah, Hamas pledge unity against Israeli annexations

RAMALLAH: Rival Palestinian factions Fatah and Hamas pledged unity against Israel's West Bank annexation plans in a...

Published 03 Jul, 2020 02:59am

Venezuela decides not to expel EU ambassador

BRUSSELS Venezuela has reversed its decision to expel the EU's ambassador to Caracas ordered by President Nicolas...

Published 03 Jul, 2020 02:59am

Swiss authorises remdesivir for wide use against Covid-19

GENEVA: Switzerland announced Thursday that Covid-19 patients beyond those on clinical trials could be given...

Published 03 Jul, 2020 02:59am

The Weather

KARACHI: The weather report on Thursday (July 2, 2020) and the forecast for Friday (July 3, 2020)....

Published 03 Jul, 2020 02:59am

Exchange

PSX to financially support affectees

KARACHI: The Board of Directors of Pakistan Stock Exchange announced that PSX will set up a fund to financially...

Published 03 Jul, 2020 02:59am

US-China: Pakistan will not be forced into taking sides, hopes Lieven

ISLAMABAD: Anatol Lieven, a British author and professor at Georgetown University, Thursday hoped that Pakistan ...

Published 03 Jul, 2020 02:59am

Exchange

Pakistan takes up suspension of flights to EASA

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Thursday took up the matter of temporary suspension of Pakistan...

Published 03 Jul, 2020 02:59am

ICT opens sub-sectors of I-10 and I-8

ISLAMABAD: The Islamabad Capital Territory (ICT) Administration on Thursday de-sealed sub-sectors of sector I-10 and...

Published 03 Jul, 2020 02:59am

NA body's directive to PTV management

ISLAMABAD: National Assembly Standing Committee on Information and Broadcasting has directed the PTV management to...

Published 03 Jul, 2020 02:59am

PML-N says 'it's going to be minus PTI'

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) senior leaders have claimed that "it is going to be minus-PTI...

Published 03 Jul, 2020 02:59am

PM announces set up of 15 national parks

ISLAMABAD: Prime Minister Imran Khan has said that global warming and climate change pose major threat to the ...

Published 03 Jul, 2020 02:59am

KATI lauds opening of park in Korangi

KARACHI: Korangi Association of Trade and Industry (KATI) president Sheikh Umer Rehan while addressing the...

Published 03 Jul, 2020 02:59am

38 big drains of Karachi: Cleanliness starts under WB's Click project

KARACHI: Cleanliness of 38 big drains of Karachi started on Thursday under World Bank's Click project. Cleanliness...

Published 03 Jul, 2020 02:59am

Exchange

PSX attack: Kamal sees RAW's involvement

KARACHI: Pak Sarzameen Party Chairman Syed Mustafa Kamal has said that India's months-long conspiracy, and it's...

Published 03 Jul, 2020 02:59am

Video clip: Show-cause notice issued

ISLAMABAD: The Supreme Court on Thursday issued a show-cause notice to Mirza Iftikhar-ud-Din, for hurling threats at...

Published 03 Jul, 2020 02:59am

KE infrastructure: 2,000kg of non-electricity wires, 500 hazardous switches removed

KARACHI: Continuing the drive to against unlawful encroachment of power infrastructure, K-Electric teams removed ...

Published 03 Jul, 2020 02:59am

Monsoon likely to start this week

KARACHI: The Met Office on Thursday said that moderate monsoon currents are likely to penetrate in upper &...

Updated 03 Jul, 2020 03:20am

PR to float Rs 102 million tenders for KCR's rehabilitation

KARACHI: Pakistan Railways (PR) is all set to float Rs102 million tenders for multiple works on the rehabilitation ...

Updated 03 Jul, 2020 03:20am

National Curriculum: Murad seeks clarification from centre regarding implementation

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has urged the Federal government's Ministry of Education &...

Updated 03 Jul, 2020 03:21am

31 more die of Covid-19: Murad

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that 2430 new cases of coronavirus were detected when ...

Updated 03 Jul, 2020 03:21am

Covid-19: IMC donates Rs7.5m to SIUT

KARACHI: As part of its CSR initiatives, Indus Motor Company (IMC) has made a Rs7.5 million donation to the Sindh...

Updated 03 Jul, 2020 03:22am

CNS for focus on maritime security challenges

LAHORE: Chief of the Naval Staff (CNS) Admiral Zafar Mahmood Abbasi visited Pakistan Navy War College, Lahore and...

Updated 03 Jul, 2020 03:22am

Europe

Meghan left 'unprotected' by British royal family

LONDON: The Duchess of Sussex has claimed she was left "unprotected" by the royal family from "false and damaging"...

Published 03 Jul, 2020 02:59am

Asia

More than 160 dead in Myanmar jade mine landslide

HPAKANT: The battered bodies of more than 160 jade miners were pulled from a sea of mud after a landslide in ...

Updated 04 Jul, 2020 03:20am

China tech giant Tencent duped by saucy scammers

BEIJING: Chinese tech giant Tencent has been fooled by impostors posing as representatives of the country's most...

Updated 03 Jul, 2020 03:23am

Partly Facetious: I still hold Nawaz responsible

ARTICLE: "I hold Nawaz Sharif responsible for what is happening today!" "Do you think it's fair? The guy was...

Published 03 Jul, 2020 02:59am

PNSC diverts its vessel to Karachi for crew change

KARACHI: Pakistan National Shipping Corporation (PNSC) is fully committed to overcome the global issue of crew ...

Updated 03 Jul, 2020 03:25am

Swat Motorway Project P-II: CDWP clears PC-1 of land acquisition

PESHAWAR: PC-1 of land acquisition for phase 2 of Swat Motorway Project has been cleared by Central Development...

Updated 03 Jul, 2020 03:25am

Not summoning meeting of policy board: Senate chairman to initiate action against FBR officials

ISLAMABAD: Chairman Senate Sadiq Sanjrani has decided to "initiate action" against the top officials of Federal ...

Updated 03 Jul, 2020 03:26am

Federal government extends revised office timings

ISLAMABAD: In view of the growing number of coronavirus cases in the federal capital, the new working hours of...

Updated 03 Jul, 2020 03:27am

Huge quantity of betel nuts seized

KARACHI: Directorate of Intelligence & Investigation (Customs), Hyderabad on Thursday claimed to have ...

Updated 03 Jul, 2020 03:27am

PM lays foundation stone of uplift projects in Capital

ISLAMABAD: Prime Minister Imran Khan on Thursday performed groundbreaking ceremony of development projects in...

Updated 03 Jul, 2020 03:28am

Exchange

PML-N holds protest demos against price hike

LAHORE: The Pakistan Muslim League (N) on Thursday protested in different part of the city against the price-hike ...

Updated 03 Jul, 2020 03:28am

Appointment of PM's aides: IHC accepts plea for early hearing

ISLAMABAD: The Islamabad High Court (IHC) on Thursday accepted an application for early hearing of a writ petition...

Updated 03 Jul, 2020 03:39am

Returned overseas workers: LSE hosts webinar on economic implication

LAHORE: Almost 5 million households or around 15 percent of the total in Pakistan have a family member working...

Updated 03 Jul, 2020 03:49am

Uber drives up safety awarenessamid Covid-19

ISLAMABAD: As the government begins to ease off lockdown and workplaces slowly resume operations, Uber Pakistan's...

Updated 03 Jul, 2020 03:31am

VMware enters partnership with Premier Systems

ISLAMABAD: VMware, a leading innovator in enterprise software, has announced that it is working with Premier ...

Published 03 Jul, 2020 02:59am

Exchange

Finance Act 2020: Lack of initiatives & innovations - I

ARTICLE: The adoption of the Finance Bill 2020 on June 29, 2020 and exceeding the target by the Federal Board of...

Published 03 Jul, 2020 02:59am

Currency

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...

Published 03 Jul, 2020 02:59am

Exchange

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...

Published 03 Jul, 2020 02:59am

Forex

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (July 2,...

Published 03 Jul, 2020 02:59am

Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...

Published 03 Jul, 2020 02:59am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (July 2, 2020)....

Published 03 Jul, 2020 02:59am

Currency

Bill buying rates per unit of currency

KARACHI: Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank ...

Published 03 Jul, 2020 02:59am

Forex

Banks rates for currency notes (buying and selling)

KARACHI: The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on...

Published 03 Jul, 2020 02:59am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (July 2,...

Published 03 Jul, 2020 02:59am

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 03 Jul, 2020 02:59am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Thursday (July 2, 2020)....

Published 03 Jul, 2020 02:59am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (July 2, 2020). ========================== KIBOR...

Published 03 Jul, 2020 02:59am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 03 Jul, 2020 02:59am

Exchange

Clearing Schedule for T+2 System

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

Published 03 Jul, 2020 02:59am

Exchange

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 03 Jul, 2020 02:59am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 03 Jul, 2020 02:59am

Exchange

Dividend/Bonus Announcements

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

Published 03 Jul, 2020 02:59am

Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 03 Jul, 2020 02:59am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 03 Jul, 2020 02:59am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (July 2, 2020). ==================================== BR...

Published 03 Jul, 2020 02:59am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on...

Published 03 Jul, 2020 02:59am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Thursday (July 2, 2020)...

Published 03 Jul, 2020 02:59am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (July 2, 2020)....

Published 03 Jul, 2020 02:59am

Currency

THE RUPEE: Gains prevail

KARACHI: On Thursday, Pakistan Rupee gained value against USD in both interbank and open markets. It also gained...

Updated 03 Jul, 2020 04:06am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (July 2, 2020)....

Published 03 Jul, 2020 02:59am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (July 2, 2020). ======================== Bid Rate Rs...

Published 03 Jul, 2020 02:59am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 2, 2020)....

Published 03 Jul, 2020 02:59am

Commodities

Pakistan Mercantile Exchange - PMEX

ISLAMABAD: Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary...

Published 03 Jul, 2020 02:59am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (July 2, 2020). ======================================= Offset...

Published 03 Jul, 2020 02:59am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (July 2, 2020)...

Published 03 Jul, 2020 02:59am

Exchange

LME official prices

LONDON: The following were Wednesday official prices....

Published 03 Jul, 2020 02:59am

Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 2, 2020)....

Published 03 Jul, 2020 02:59am

Aaj TV - Friday's schedule

KARACHI: All timings are in PST (Pakistan Standard Time). 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55...

Updated 03 Jul, 2020 03:30am

Rates.Bullion

Gold price plunges

KARACHI: Gold price on Thursday plunged by Rs600 per tola to Rs105200 on the local market, traders said. The yellow...

Published 03 Jul, 2020 02:59am

Energy

Thal East-1 and Bhambhra-1: OGDCL starts commercial production of gas

ISLAMABAD: Oil & Gas Development Company Limited (OGDCL) being operator of Thal D&P.L with 100 percent...

Published 03 Jul, 2020 02:59am

Cotton & Textile

Bullish trend witnessed on cotton market

KARACHI: Bullish trend was witnessed in the local cotton market on Thursday. Buyers took interest in the buying of...

Published 03 Jul, 2020 02:59am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Thursday (July 2, 2020)....

Published 03 Jul, 2020 02:59am

Energy

Asia's naphtha and gasoline cracks rise

SINGAPORE: Asia's naphtha and gasoline cracks rose for the second day on Wednesday to reach a five-session high of...

Published 03 Jul, 2020 02:59am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 126,978 tonnes of cargo comprising 54,757 tonnes of import cargo and 72,221 tonnes...

Published 03 Jul, 2020 02:59am

Energy

US natural gas futures breaks three-day gains

NEW YORK: US natural gas futures on Wednesday snapped a three-session gaining streak as concerns about another...

Updated 03 Jul, 2020 03:33am

Grains

CBOT corn futures climb

CHICAGO: Chicago Board of Trade corn futures hit a three-month high on Wednesday after the US Department of...

Published 03 Jul, 2020 02:59am

Commodities

China's steel futures lower on weak demand

BEIJING: Steel rebar and hot-rolled coils futures in China edged lower on Wednesday as seasonal weak demand amid a...

Updated 03 Jul, 2020 03:33am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,422. The traded...

Updated 03 Jul, 2020 03:29am

Grains

Euronext wheat rises to two-week high

PARIS: Euronext wheat rose to a two-week high on Wednesday after an unexpectedly low estimate of US corn planting...

Published 03 Jul, 2020 02:59am

Stocks

London shares end higher

LONDON: London shares closed higher on Thursday as signs of progress in developing a Covid-19 vaccine bolstered ...

Published 03 Jul, 2020 02:59am

Stocks

Australian shares hit 3-week high

SYDNEY: Australian shares ended at their highest level in three weeks on Thursday, led by financials and technology...

Published 03 Jul, 2020 02:59am

Stocks

Qatar leads most of Gulf higher

DUBAI: Most Gulf bourses ended higher on Thursday with Qatar leading the gains, boosted by market heavyweight...

Published 03 Jul, 2020 02:59am

Stocks

S&P, Nasdaq up; FedEx jumps

NEW YORK: The S&P 500 and Nasdaq indexes closed higher on Wednesday to kick off the third quarter as increasing...

Published 03 Jul, 2020 02:59am

Stocks

Thursday's early trade: Wall Street rises on record job growth

NEW YORK: Wall Street rose on Thursday after a record-setting increase in monthly US jobs, but surging Covid-19 ...

Published 03 Jul, 2020 02:59am

Stocks

China's blue-chip index closes at 2-1/2-year high

SHANGHAI: China stocks rallied on Thursday, with the blue-chip index closing at its highest in two-and-a-half years,...

Published 03 Jul, 2020 02:59am

Stocks

European shares surge

MILAN: European shares closed at a one-week high on Thursday as hopes of a Covid-19 vaccine and a...

Updated 03 Jul, 2020 03:33am

Stocks

Nikkei gains

TOKYO: Japanese shares climbed a tick higher to end firmer on Thursday on subtle signs that the global economy was...

Updated 03 Jul, 2020 03:33am

Grains

Punjab cabinet approves interim wheat policy 2020-21

LAHORE: The Punjab Cabinet has approved the interim wheat policy 2020-21 for release of wheat to flour mills under...

Published 03 Jul, 2020 02:59am

Energy

Hitachi, ABB complete formation of new joint venture

ISLAMABAD: In accordance with the agreement signed on December 17, 2018, Hitachi Ltd and ABB Ltd announced the...

Updated 03 Jul, 2020 03:33am

Energy

Oil prices rise

NEW YORK: Oil futures were up on Thursday, supported by a drop in US unemployment and a drawdown in crude...

Updated 03 Jul, 2020 03:33am

Commodities

Gold ekes out gains in New York

NEW YORK: Gold reversed course and edged higher on Thursday as the dollar eased, though the metal traded below an...

Updated 03 Jul, 2020 03:29am

Organic Meat Company Ltd sets to go public on PSX

Stocks

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	281.13
USD PKR Interbank Buying / May 2	280.93
USD to Japanese Yen / May 2	144.96
USD to Swiss Franc / May 2	0.83
Pound Sterling to USD / May 2	1.33
Euro to USD / May 2	1.13
UK LIBOR % / May 2	4.96

Stock	Volume
S&P 500 / May 2	5,686.67
India Sensex / May 2	80,501.99
Tokyo Nikkei / May 2	36,830.69
Nasdaq / May 2	17,977.73
Hang Seng / May 2	22,504.68
FTSE 100 / May 2	8,596.35
Dow Jones / May 2	41,317.43
Germany DAX 30 / May 2	22,086.65
France CAC40 / May 2	7,770.48

Item	Value
Crude Oil USD/Barrel / May 2	58.29
Karachi Cotton PKR/37.32 KG / May 2	16,985
Gold 10 Grams PKR / May 2	295,353
Gold Spot USD/Ounce / May 2	3,240.49
Cotton US¢/pound / May 2	68.41
Petrol/Litre / May 4	252.63
Diesel/Litre / May 4	256.64

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / May 2 Kohinoor Power Company Limited(KOHP)	6.50 ▲ 0.9 (16.07%)
Dewan Mushtaq / May 2 Dewan Mushtaq Textile Mills Limited(DMTM)	7.96 ▲ 1 (14.37%)
Amtex Ltd / May 2 Amtex Limited(AMTEX)	2.63 ▲ 0.33 (14.35%)
Sally Textile / May 2 Sally Textile Mills Limited(SLYT)	9.14 ▲ 0.99 (12.15%)
First IBL Mod. / May 2 First IBL Modaraba(FIBLM)	3.13 ▲ 0.33 (11.79%)
Gulshan Sp. / May 2 Gulshan Spinning Mills Limited(GSPM)	3.34 ▲ 0.34 (11.33%)
Parmount Sp. / May 2 Paramount Spinning Mills Limited(PASM)	3.39 ▲ 0.34 (11.15%)
Hascol Petrol / May 2 Hascol Petroleum Limited(HASCOL)	9.98 ▲ 1 (11.14%)
First Elite Cap.Mod / May 2 First Elite Capital Modaraba(FECM)	13.95 ▲ 1.27 (10.02%)
Lalpir Power / May 2 Lalpir Power Limited(LPL)	23.51 ▲ 2.14 (10.01%)

Stock	Price
Pak Gen.Ins. / May 2 The Pakistan General Insurance Co. Ltd.(PKGI)	7.86 ▼ -0.88 (-10.07%)
Jubilee Spinning / May 2 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	11.43 ▼ -1.27 (-10%)
Zephyr Textile / May 2 Zephyr Textiles Limited(ZTL)	11.37 ▼ -1.12 (-8.97%)
Popular Islamic / May 2 Popular Islamic Modaraba(PIM)	13.02 ▼ -1.16 (-8.18%)
Calcorp Ltd / May 2 Calcorp Limited(CASH)	38.41 ▼ -3.08 (-7.42%)
D.S. Ind. Ltd. / May 2 D.S. Industries Limited(DSIL)	5.02 ▼ -0.34 (-6.34%)
Dewan Textile / May 2 Dewan Textile Mills Limited(DWTM)	5 ▼ -0.3 (-5.66%)
Imperial Limited / May 2 Imperial Limited(IML)	15 ▼ -0.87 (-5.48%)
Shahmurad Sugar / May 2 Shahmurad Sugar Mills Limited(SHSML)	360.51 ▼ -20.54 (-5.39%)
Habib Rice Products / May 2 Habib Rice Product Limited(HRPL)	30.23 ▼ -1.57 (-4.94%)

Stock	Volume
Sui South Gas / May 2 Sui Southern Gas Company Limited(SSGC)	29,319,891 ▲ 2.98
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	27,367,683 ▲ 0.02
B.O.Punjab / May 2 The Bank of Punjab(BOP)	20,836,529 ▲ 0.57
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,766,764 ▲ 0.02
Maple Leaf Cement / May 2 Maple Leaf Cement Factory Limited(MLCF)	13,169,594 ▲ 2.39
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	11,631,669 ▲ 0.02
Fauji Cement / May 2 Fauji Cement Company Limited(FCCL)	11,208,268 ▲ 0.63
Sui North Gas / May 2 Sui Northern Gas Pipelines Limited(SNGP)	10,934,032 ▼ -0.95
At-Tahur Ltd. / May 2 At-Tahur Limited(PREMA)	10,647,030 ▲ 1.92
D.G.K.Cement / May 2 D.G. Khan Cement Company Limited(DGKC)	9,605,968 ▲ 8.33

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