News Archives for Print - 2021-05-18

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Print - 2021-05-18

Monster cyclone makes landfall in Covid-stricken India

AHMEDABAD: A major cyclone packing ferocious winds and threatening a destructive storm made landfall in western ...

Updated 18 May, 2021 09:35am

US hits Myanmar ministers, central bank chief with sanctions

WASHINGTON: The US Treasury slapped sanctions on 16 senior Myanmar officials and family members Monday, citing their...

Updated 18 May, 2021 09:35am

Boost for European fighter jet as Paris, Berlin, Madrid seal deal

PARIS: France, Germany and Spain said Monday that they had reached agreement on the next phase of their plans to...

Updated 18 May, 2021 09:35am

Israeli aggression in Palestine: Governor raises issue with EU officials, UK MPs

LAHORE: Punjab Governor Chaudhry Mohammad Sarwar held a telephonic conversation with the vice-president European...

Updated 18 May, 2021 09:37am

Corona positivity rate surges to 10.93pc in Punjab

LAHORE: The corona positivity rate in Punjab has surged to 10.93% from 8.34%, as out of 15,543 Covid-19 tests...

Updated 18 May, 2021 09:37am

AC seeks reply in seizing of Nawaz’s properties on June 2

ISLAMABAD: The Accountability Court Islamabad on Monday sought reply in connection with seizing of properties of...

Updated 18 May, 2021 09:37am

PM pays tribute to Begum Nasim Wali

ISLAMABAD: Prime Minister Imran Khan on Monday paid tribute to veteran politician and leader of Awami National Party...

Updated 18 May, 2021 09:36am

PPP office-bearers barred from using office in Punjab

LAHORE: Member Federal Executive Council of Pakistan Peoples Party (PPP) Aurang Zeb Burki has said that all the...

Updated 18 May, 2021 09:36am

Bilawal not being briefed about water properly?

ISLAMABAD: The ongoing controversy between the Sindh government and Indus River System Authority (Irsa) on water...

Updated 18 May, 2021 09:36am

KMC prepares rain emergency plan: administrator

KARACHI: Administrator Karachi Laeeq Ahmed on Monday said that unpredictable rain can hit Karachi anytime due to...

Updated 18 May, 2021 09:36am

UBG office-bearers elected unopposed

KARACHI: Zubair Tufail, Zafar Bakhtawari and Dr Mirza Ikhtiar Baig have been elected unopposed as president,...

Updated 18 May, 2021 09:36am

Efforts on to ensure rule of law: CJP

KARACHI: Chief Justice of Pakistan (CJP) Justice Gulzar Ahmed on Monday said that all efforts were being made to...

Updated 18 May, 2021 09:36am

3,600 bikes, 2,000 mobile phones snatched in Ramazan

KARACHI: More than 6,000 cases of street crimes were reported in Karachi during Ramazan. The police record shows...

Updated 18 May, 2021 09:36am

Mehran Plant: Rafhan Maize Products Co temporarily stops production

KARACHI: Rafhan Maize Products Company Limited has temporarily stopped production at its Mehran Plant located in...

Updated 18 May, 2021 09:36am

Rescue operation: Faisal Edhi applies for Palestinian visa

ISLAMABAD: Pakistani humanitarian activist Faisal Edhi announced that he has submitted a visa request with the...

Updated 18 May, 2021 09:36am

Extremely hot weather to hit Karachi today

KARACHI: Scorching temperature up to 45 degrees Celsius is likely to hit Karachi today, as ‘Tauktae’ is heading...

Updated 18 May, 2021 09:36am

Probe into Kashmore massacre continues: Murtaza

KARACHI: Sindh government spokesperson and Advisor to CM for Law, Environment & Coastal Development Barrister...

Published 18 May, 2021 05:05am

Prince Charles launches tree-planting drive for Queen’s jubilee

LONDON: Prince Charles on Monday urged the public to mark his mother’s 70th year as queen by planting trees around...

Updated 18 May, 2021 09:36am

Situation in Ethiopia’s Tigray ‘horrific’: WHO

GENEVA: Ethiopia’s conflict-hit Tigray region is facing a horrifying situation with people dying of hunger, health...

Updated 18 May, 2021 09:36am

Record 1,000 migrants reach Spain’s Ceuta enclave in one day

MADRID: Around 1,000 migrants, a third of them minors, managed to reach Spain’s North African enclave of Ceuta on...

Updated 18 May, 2021 09:36am

UNICEF says rich countries can afford to donate Covax jabs

GENEVA: Countries belonging to the G7 and the European Union can afford to donate more than 150 million vaccines to...

Updated 18 May, 2021 09:36am

Chileans elect left-leaning body to draft post-Pinochet constitution

SANTIAGO: Chileans leaned left but turned their backs on traditional political parties in electing a 155-member body...

Updated 18 May, 2021 09:36am

Russia extends Twitter slowdown, warns Facebook, YouTube

MOSCOW: Russia said Monday it would continue slowing down Twitter’s operations over illegal content and threatened...

Updated 18 May, 2021 09:36am

Turkey kills top Kurdish commander: Erdogan

ANKARA: President Recep Tayyip Erdogan said Monday that Turkish forces had killed a top Syrian Kurdish commander...

Updated 18 May, 2021 09:36am

Left-behind Sanofi closes in on Covid vaccine

PARIS: French pharmaceuticals giant Sanofi on Monday reported positive results in trials of its belated Covid-19 ...

Updated 18 May, 2021 09:36am

Blinken welcomes Danish Arctic military boost

COPENHAGEN: US Secretary of State Antony Blinken on Monday welcomed Denmark’s plans to boost its military presence...

Published 18 May, 2021 05:05am

Wife of Belgian envoy to Seoul invokes immunity over assault

SEOUL: The wife of Belgium’s ambassador to South Korea will exercise her diplomatic immunity to avoid criminal...

Updated 18 May, 2021 09:36am

US recovery could be ‘unprecedented’, says Fed official

WASHINGTON: Bringing the US economy back from the brutal downturn caused by Covid-19 will take time, and hiccups ...

Updated 18 May, 2021 09:36am

EU, US move to end steel row and point to China

BRUSSELS: The EU and US took a step towards a post-Trump trade truce on Monday, agreeing to hold talks to end a...

Updated 18 May, 2021 09:36am

Separatist parties agree on new Catalan govt

BARCELONA: More than three months after regional elections, Catalonia’s two main separatist parties said Monday...

Updated 18 May, 2021 09:35am

Pfizer, Moderna vaccines effective against Indian variants

WASHINGTON: The Pfizer and Moderna Covid vaccines should remain highly effective against two coronavirus variants...

Updated 18 May, 2021 09:35am

US to send extra 20m vaccine doses abroad

WASHINGTON: The United States will release an additional 20 million doses of Covid vaccines abroad, bringing the...

Updated 18 May, 2021 09:35am

UK eases lockdown as Asia outbreaks fuel concern

LONDON/NEW DELHI: Britons hugged their loved ones and streamed into pubs, gyms and other indoor venues on Monday as...

Updated 18 May, 2021 09:35am

Gates left Microsoft board amid probe into relationship

WASHINGTON: Bill Gates left the Microsoft board in 2020 as the board pursued an investigation into the...

Updated 18 May, 2021 09:35am

Dubai allows sports and music events, with vaccine

DUBAI: Dubai said Monday it now allowed people to attend sports events and concerts, if they have been vaccinated...

Updated 18 May, 2021 09:35am

Miss Mexico crowned Miss Universe 2021

WASHINGTON: Miss Mexico was crowned Miss Universe on Sunday in Florida, after fellow contestant Miss Myanmar used ...

Updated 18 May, 2021 09:35am

CDWP approves four uplift projects

ISLAMABAD: The Central Development Working Party (CDWP) has approved as many as four development projects at cost of...

Published 18 May, 2021 05:05am

Withdrawal of 10 to 15 WHTs pledged

ISLAMABAD: The government has pledged to do away with as many as 10 to 15 withholding taxes in the budget 2021-22,...

Published 18 May, 2021 05:05am

BoI shows dismal performance: AGP

ISLAMABAD: The Auditor General of Pakistan (AGP) has shown serious concern over the performance of the Board of...

Updated 18 May, 2021 09:35am

Portfolios of some key federal secretaries changed

ISLAMABAD: In a major reshuffle, the federal government Monday changed portfolios of some key federal secretaries....

Published 18 May, 2021 05:05am

Maryam’s role akin to Indian politicians who caused Covid crisis: Fawad

ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain on Monday said it was unfortunate that...

Published 18 May, 2021 05:05am

Shehbaz moves LHC seeking implementation of court order

LAHORE: Pakistan Muslim League-Nawaz (PML-N) President and Opposition Leader in National Assembly (NA) Shehbaz ...

Published 18 May, 2021 05:05am

Shehbaz’s name placed on ECL

ISLAMABAD: Interior Minister Sheikh Rashid Ahmed Monday announced placing leader of the opposition in the National...

Published 18 May, 2021 05:05am

Shehbaz Sharif: Govt moves SC against LHC order

ISLAMABAD: The federal government on Monday urged the Supreme Court to suspend the operation of the Lahore High ...

Published 18 May, 2021 05:05am

PML-N leader for launching movement against ‘corrupt govt’

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Punjab President Rana Sanaullah has asked all the opposition parties to...

Published 18 May, 2021 05:05am

Afghan peace process: EU envoy, COAS discuss developments

RAWALPINDI: Androulla Kaminara, Ambassador of European Union called on General Qamar Javed Bajwa, Chief of Army ...

Published 18 May, 2021 05:05am

Covid-19 claims 74 more lives across country

ISLAMABAD: Pakistan on Monday reported 3,232 new Covid-19 cases and 74 deaths, taking the national cases tally to...

Published 18 May, 2021 05:05am

Palestinian envoy lauds Pakistan for its unwavering support

ISLAMABAD: Palestinian Ambassador Ahmed Jawad Rabaei has expressed his gratitude for Pakistan’s unwavering support...

Published 18 May, 2021 05:05am

Humanitarian services in UK: British PM honours four Pakistanis

ISLAMABAD: British Prime Minister Borris Johnson has honoured the ‘One Million Meals’ campaign founded by four...

Published 18 May, 2021 05:05am

Qureshi leaves for Turkey

ISLAMABAD: On the special instructions of Prime Minister Imran Khan, Foreign Minister Shah Mehmood Qureshi, on...

Published 18 May, 2021 05:05am

PARTLY FACETIOUS: Holidaying for the longest time ever

“Same o same o.” “How can you possibly say that!? We holidayed for the longest time ever in this country’s...

Published 18 May, 2021 05:05am

Fazl, Shehbaz summon PDM meeting in last week of May

ISLAMABAD: The Pakistan Democratic Movement (PDM) President, Maulana Fazlur Rehman, and Pakistan Muslim League-Nawaz...

Published 18 May, 2021 05:05am

Sindh rulers behind theft of agricultural water: Haleem

KARACHI: Pakistan Tehreek-e-Insaf (PTI) vice president and Leader of Opposition in Sindh Assembly Haleem Adil Sheikh...

Published 18 May, 2021 05:05am

Forex reserves up by $168m

KARACHI: The country’s liquid foreign exchange reserves rose by $168 million during last week ended May 7, 2021,...

Published 18 May, 2021 05:05am

Rawalpindi Ring Road Project: Minister rejects allegation of links with housing societies

ISLAMABAD: Federal Aviation Minister Ghulam Sarwar Khan on Monday categorically refuted the allegation of having any...

Published 18 May, 2021 05:05am

Work on Allama Iqbal SEZ in full swing: Asim

ISLAMABAD: China-Pakistan Economic Corridor (CPEC) Authority Chairman Lt Gen Asim Saleem Bajwa (retd) on Monday said...

Published 18 May, 2021 05:05am

Affordability main cause of smoking at young age: research

ISLAMABAD: The affordability is found to be the main facilitator for smoking, especially at a younger age, and this...

Updated 18 May, 2021 09:37am

Allegations by leadership: ‘Strong’ demarche conveyed to Afghan envoy

ISLAMABAD: Pakistan has made a “strong” demarche with Afghan envoy over the “irresponsible” and...

Updated 18 May, 2021 09:37am

Anti-polio drive in Faisalabad from June 7

FAISALABAD: The next Anti Polio Campaign in Faisalabad district would continue from June 7 to 11 in the district and...

Updated 18 May, 2021 09:37am

‘Production of oxygen through electrolysis process explored’: Covid unit at Abbasi Shaheed Hospital closed, CM told

KARACHI: Sindh chief minister Syed Murad Ali Shah on Monday endorsed the decision taken by the National Command and...

Published 18 May, 2021 05:05am

Letters

India a failed state?

Unfortunately, India is a threat to the region not because of its military belligerence but its woeful mishandling ...

Published 18 May, 2021 05:05am

Conspiracy epidemic, born in US, spreads in Europe

“It’s not a virus, it’s a tool to use power,” says Monique Lustig in the Netherlands, while in Germany,...

Published 18 May, 2021 05:05am

Betrayal of the Palestinians

The current round of violence in Palestine was triggered by the Israeli security forces trying to quell protests...

Published 18 May, 2021 05:05am

State of provincial finances

The four provincial governments combined play an important role in the public finances of the country. They account...

Published 18 May, 2021 05:05am

Buzdar vows to develop Punjab’s every city, town

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has expressed his resolve to develop every city and town of the...

Published 18 May, 2021 05:05am

Businesses to remain shut on Saturdays, Sundays

KARACHI: After a span of nine days, public transport and business activities have been resumed with strict adherence...

Published 18 May, 2021 05:05am

Tarin’s plan falls short of needed reform approach — II

The 1990s’ world was mostly a neoliberal world with the Washington Consensus-styled policies such as small...

Published 18 May, 2021 05:05am

‘Digital transformation opening up doors of opportunities’

ISLAMABAD: Chairman PTA Major General Amir Azeem Bajwa (retired) has said in his message that World...

Published 18 May, 2021 05:05am

APAT withdraws protest call

LAHORE: The traders’ community in Punjab has withdrawn their call for protest demonstrations in Islamabad after ...

Published 18 May, 2021 05:05am

Phutti arrival begins amid post-holiday session

KARACHI: After the Eid holidays the partial arrivals of Phutti for the season 2021-22 has started in the cotton...

Published 18 May, 2021 05:05am

Stocks

Major Gulf markets gain; Qatar falls

DUBAI: Most major stock markets in the Gulf ended higher on Monday as financial shares rose, while the Qatari index...

Published 18 May, 2021 05:05am

Stocks

Australian shares up, NZ down

SYDNEY/WELLINGTON: Australian shares ended higher on Monday, aided by gains in heavyweight gold stocks on the...

Published 18 May, 2021 05:05am

Stocks

European stocks slip

AMSTERDAM/LONDON: European stocks dipped on Monday after staging a sharp recovery late last week, as underwhelming...

Published 18 May, 2021 05:05am

Stocks

China stocks climb

SHANGHAI: China shares closed at more than two-month highs on Monday, as sustained gains in consumer and healthcare...

Published 18 May, 2021 05:05am

Stocks

Monday’s early trade: Tech stocks push top US indexes down

NEW YORK: Technology stocks pulled Wall Street’s main indexes lower on Monday, as signs of inflationary pressures...

Published 18 May, 2021 05:05am

Stocks

Japanese shares drop

TOKYO: Japanese shares reversed course to settle lower on Monday, as worries over the slow pace of the domestic...

Published 18 May, 2021 05:05am

Stocks

Banks, industrial stocks drag FTSE down

LONDON: London’s FTSE 100 edged lower on Monday, dragged by banks and industrial stocks, while shares of Diploma...

Published 18 May, 2021 05:05am

Traders to stage protest against Israel’s aggression

ISLAMABAD: Central body of All Pakistan Traders Organisation announced to stage a protest, on Friday, against lethal...

Published 18 May, 2021 05:05am

Business activities resume across KP

PESHAWAR: Business and commercial activities here on Monday resumed across Khyber Pakhtunkhwa as lockdown imposed to...

Published 18 May, 2021 05:05am

The Weather

KARACHI: The weather report on Monday (May 17, 2021) and the forecast for Tuesday (May 18, 2021)....

Published 18 May, 2021 05:05am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 18 May, 2021 05:05am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (May 17, 2021)....

Published 18 May, 2021 05:05am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 18 May, 2021 05:05am

Stocks

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

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

Published 18 May, 2021 05:05am

Stocks

Last date of renunciation/payment

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

Published 18 May, 2021 05:05am

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 18 May, 2021 05:05am

Rates.BR Index

PSX jumps 621.64 points: BRIndex100 rallies

KARACHI: Pakistan Stock Exchange Monday witnessed a bullish trend, after long Eid holidays, due to MSCI announcement...

Published 18 May, 2021 05:05am

Cotton & Texile

Cotton ticks up

NEW YORK: ICE cotton futures edged up from an over one-month trough on Monday, with a weaker dollar offsetting...

Published 18 May, 2021 05:05am

Energy

Oil climbs on economic recovery hopes despite fresh Asian restrictions

• US gasoline prices climb even as Colonial reopens after hack NEW YORK: Oil prices rose more than 1% on Monday,...

Published 18 May, 2021 05:05am

Commodities

Tokyo rubber futures rise

TOKYO: Japanese rubber futures rose on Monday as investors hunt for bargains after a sharp drop last week and ahead...

Published 18 May, 2021 05:05am

Commodities

Palm oil retreats from record high

KUALA LUMPUR: Malaysian palm oil futures fell 1% on Monday, retreating from last session’s record high, as trade...

Published 18 May, 2021 05:05am

Commodities

Paris wheat falls

HAMBURG: European wheat futures fell on Monday, pressured by improved crop weather in Europe and the United States...

Published 18 May, 2021 05:05am

Commodities

Raw sugar, arabica coffee move higher

LONDON: Raw sugar futures on ICE were slightly higher on Monday with the market consolidating after a steep fall ...

Published 18 May, 2021 05:05am

Commodities

Gold prices up in Asia

SINGAPORE: Gold prices rose in Asian trade on Monday to their highest level in more than three months, as a dip in ...

Published 18 May, 2021 05:05am

Commodities

Gold climbs in Europe

AMSTERDAM/LONDON: Gold prices climbed to their highest in more than three months on Monday, driven by weaker US...

Published 18 May, 2021 05:05am

Commodities

US MIDDAY: Soyabeans, wheat and corn down

CHICAGO: US soyabean, corn and wheat future were mostly lower on Monday, with improving weather for crop development...

Published 18 May, 2021 05:05am

Commodities

US MIDDAY: Gold scales 3-1/2 month peak

NEW YORK: Gold prices climbed on Monday to their highest in more than three months, with the precious metal ...

Published 18 May, 2021 05:05am

Commodities

Russian wheat export prices steady

MOSCOW: Russian wheat export prices for the old crop were mostly stable last week, supported by a stronger rouble ...

Published 18 May, 2021 05:05am

Commodities

Ukraine grain export prices rise

KYIV: Ukrainian wheat export prices have risen $5 a tonne over the past week thanks to global upward trend, the...

Published 18 May, 2021 05:05am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
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%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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