News Archives for Print - 2021-05-25

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Print - 2021-05-25

Palestine and Kashmir: Unified stance testifies close ties with Malaysia

ISLAMABAD: Leader of the House in Senate Dr Shahzad Waseem Monday said that unified stance on Palestine and Kashmir...

Published 25 May, 2021 04:40am

International suppliers: PLL invites bids for supply of LNG cargoes

ISLAMABAD: The Pakistan LNG Limited (PLL) has invited bids from international suppliers for the supply of nine LNG...

Published 25 May, 2021 04:40am

FY20 growth rate understated by 1.5pc, says Pasha

ISLAMABAD: The government has understated the growth rate by 1.5 percent for fiscal year 2019-20, which enabled them...

Published 25 May, 2021 04:40am

‘Tobacco taxation, related health issues need monitoring systems’

ISLAMABAD: Federal Parliamentary Secretary for Health Dr Nausheen Hamid, Monday, said that tobacco taxation and...

Published 25 May, 2021 04:40am

‘Technology impacts employment, alternative job opportunities’

KARACHI: Institute of Chartered Accountants of Pakistan (ICAP) president Iftikhar Taj said the digital economy is...

Published 25 May, 2021 04:40am

Sindh passes resolution against ‘unfair’ water distribution

KARACHI: The Sindh Assembly on Monday passed a condemnation resolution against ‘unfair’ water distribution, ...

Published 25 May, 2021 04:40am

Explosion in Quetta injures five

QUETTA: Five persons Monday sustained injuries in improvised explosive device (IED) blast near Bashir Chowk on...

Published 25 May, 2021 04:40am

Senior Manager of Apex Printry Karim dies of Covid-19

KARACHI: Senior Manger Billing Apex Printry, Karim Khan, who was a Covid-19 patient, died on Monday at the age of ...

Published 25 May, 2021 04:40am

Monsoon: SHC seeks report on preventive measures

KARACHI: The Sindh High Court (SHC) on Monday directed the Cantonment Board Clifton (CBC) and the Defence Housing...

Published 25 May, 2021 04:40am

KMC budget will focus on development, facilities: administrator

KARACHI: Administrator Laeeq Ahmed on Monday said KMC budget for the next financial year will be based on facts and...

Published 25 May, 2021 04:40am

Presidential slot of FPCCI: UBG urges DGTO to announce verdict, declare Khalid Tawab as winner

KARACHI: United Business Group (UBG) on Monday urged the Director General Trade Organisations (DGTO) to announce the...

Published 25 May, 2021 04:40am

Minister vows to turn Railways into profitable entity

ISLAMABAD: Federal Minister for Railways Azam Khan Swati has vowed to turn Pakistan Railways (PR) into a profitable...

Published 25 May, 2021 04:40am

US role vital to resolve Kashmir, Palestine issues: Sarwar

LAHORE: Punjab Governor Chaudhry Mohammad Sarwar called on Eddie Burnice Johnson, a female member of the United...

Published 25 May, 2021 04:40am

4pc growth targeted for ongoing fiscal year ‘PTI govt’s economic vision goes on in right direction’

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Vice President, Fehmida Kausar Jamali on Monday said consistent economic...

Published 25 May, 2021 04:40am

Overall corona positivity rate drops in Punjab

LAHORE: The overall positivity rate of coronavirus in the province has further declined to 03.52 percent, as out of...

Published 25 May, 2021 04:40am

CM announces Rs5.12bn special package for Narowal

LAHORE: Chief Minister Sardar Usman Buzdar during his visit to Narowal announced a special development package of...

Published 25 May, 2021 04:40am

Abu Dhabi set to host HBL PSL T20 matches in June

LAHORE: The HBL Pakistan Super League is set to return Abu Dhabi’s Sheikh Zayed Stadium, which will host 20 ...

Published 25 May, 2021 04:40am

Punjab to administer vaccine to students of universities

LAHORE: The Punjab government has decided to administer corona vaccine to students of all medical universities and...

Published 25 May, 2021 04:40am

Kidney Hill case: AC defers indictment of Mandviwalla, others till June 10

ISLAMABAD: The Accountability Court Islamabad on Monday deferred indictment of former Senate deputy chairman Saleem...

Published 25 May, 2021 04:40am

Chelsea and Liverpool finish in top 4, but Leicester barely missed out

LONDON: Before the last matchday of the Premier League, Chelsea F.C., Liverpool F.C. and Leicester City F.C. were in...

Published 25 May, 2021 04:40am

Pressure mounts on Belarus over forced landing to arrest dissident

• UK bans Belarus airline, points finger at Russia MINSK: European countries began banning flights over Belarus...

Published 25 May, 2021 04:40am

Egypt slashes compensation claim to $550m over Suez canal blockage

CAIRO: Egypt has slashed millions of dollars off its compensation claim against the Japanese owner of a megaship ...

Published 25 May, 2021 04:40am

Second Sherpa guide dies on Everest

KATHMANDU: A second Sherpa guide has died on Mount Everest in a week, an expedition organiser said Monday. The...

Published 25 May, 2021 04:40am

Swiss to host global virus hub laboratory

GENEVA: Switzerland signed a deal with the World Health Organization on Monday to host a global repository for...

Published 25 May, 2021 04:40am

Jack Ma to step down as president of his business school

BEIJING: Chinese billionaire Jack Ma, founder of ecommerce giant Aibaba, is going to step down as president of the...

Published 25 May, 2021 04:40am

US journalist detained in Myanmar

YANGON: An American editor of a Myanmar-based news outlet was detained by authorities in Yangon Monday as he...

Published 25 May, 2021 04:40am

Iran, UN nuclear monitor extend inspection deal until June

VIENNA: The UN nuclear watchdog and Iran on Monday said an agreement to monitor Tehran’s activities would be...

Published 25 May, 2021 04:40am

Scientists restore partial sight in blind man

PARIS: Scientists have for the first time managed to partially restore the sight of a blind patient by altering his...

Published 25 May, 2021 04:40am

British woman dies in Cyprus after AstraZeneca jab

NICOSIA: A 39-year-old British woman died in a Cypriot hospital after a blood clotting incident after receiving the...

Published 25 May, 2021 04:40am

UN chief declares ‘war’ on Covid as India toll tops 300,000

GENEVA: The UN chief on Monday declared the world “at war” against Covid-19, as India’s death toll crossed...

Published 25 May, 2021 04:40am

AJK and G-B: SOP issued for registered manufacturing units to enrol with FBR system

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a Standard Operating Procedure (SOP) for registered...

Published 25 May, 2021 04:40am

Jazz collaborates with USF for 4G services

KARACHI: Jazz, Pakistan’s number one 4G operator and the largest internet and broadband service provider, has...

Published 25 May, 2021 04:40am

US home prices to keep racing ahead

BENGALURU: US house prices will continue to race ahead this year, at nearly twice the pace predicted just three...

Published 25 May, 2021 04:40am

Housing Finance: The road to 5 million houses

TEXT: If there is one sector that could be termed as the Prime Minister’s priority area in his idea of a ...

Published 25 May, 2021 04:40am

Oiling the housing finance machine

TEXT: For years, Pakistan has had a persistent and mounting backlog of housing stock as supply could not keep pace...

Published 25 May, 2021 04:40am

HOUSE FINANCING ON EASY TERMS: Economy Housing: BOP Cardinal Vise

TEXT: Buying or owning a home is an emotional decision, and is a dream come true particularly for middle and lower...

Published 25 May, 2021 04:40am

Naya Pakistan Housing Scheme: Journalists to be included: minister

ISLAMABAD: Minister of State for Information and Broadcasting Farrukh Habib on Monday said the PTI government under...

Published 25 May, 2021 04:40am

Country reports 3,060 Covid-19 cases, 57 deaths

ISLAMABAD: The country, Monday, reported 3,060 Covid-19 cases and 57 coronavirus deaths, taking the national ...

Published 25 May, 2021 04:40am

17 years of Rescue 1122 commemorated

LAHORE: The members of pioneer batch of Rescue 1122 gathered here at Emergency Services Headquarters on Monday to...

Published 25 May, 2021 04:40am

PMSA rescues stranded fishing boat

KARACHI: Pakistan Maritime Security Agency (PMSA) Monday rescued a fishing boat stranded in open sea. According to ...

Published 25 May, 2021 04:40am

Uplift of local populace: Wapda spending Rs100bn in project areas

LAHORE: The Water and Power Development Authority (Wapda) has been spending a hefty amount of over Rs 100 billion in...

Published 25 May, 2021 04:40am

Israeli invasion of Gaza: Global and Regional Studies Centre, IoBM organise webinar

KARACHI: The Global and Regional Studies Centre organized a seminar on “The Israeli invasion of Gaza, the ...

Published 25 May, 2021 04:40am

Nisar not administered oath ‘due to absence of speaker’

LAHORE: Estranged PML-N leader and former interior minister Chaudhry Nisar Ali Khan said on Monday that he could not...

Published 25 May, 2021 04:40am

Senate slams Israel’s terrorism

ISLAMABAD: Senate Monday slammed Israel’s terrorism against unarmed Palestinians and condemned “systematic and...

Published 25 May, 2021 04:40am

Proposals for Budget FY2021-22: Body comprises representatives of PBC, OICCI, FBR

ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin has constituted a Consultative Committee ...

Published 25 May, 2021 04:40am

PARTLY FACETIOUS: The FY21 growth rate

“Hammad Azhar was the first to boast of a 4 percent growth rate…” “So? He is a member of the cabinet.”...

Published 25 May, 2021 04:40am

PSP understands country’s problems, says Kamal

KARACHI: Pak Sarzameen Party (PSP) chairman Syed Mustafa Kamal on Monday said PSP is a grassroots level political...

Published 25 May, 2021 04:40am

Petition challenging Saad Rizvi’s detention dismissed

LAHORE: The Lahore High Court on Monday dismissed a petition challenging the detention of proscribed...

Published 25 May, 2021 04:40am

‘ECP, Punjab govt determined to ensure timely conduct of LG elections’

ISLAMABAD: Secretary Election Commission of Pakistan (ECP) Dr Akhtar Nazir Monday said that ECP and Punjab ...

Published 25 May, 2021 04:40am

Stocks

Secondary and higher secondary: IPEMC decides to hold board exams after June 20

ISLAMABAD: The Inter-Provincial Education Ministers Conference (IPEMC) on Monday decided to hold board examinations...

Published 25 May, 2021 04:40am

Activation of value-added services: CMOs asked to send mandatory confirmation messages to consumers

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has directed the Cellular Mobile Operators (CMOs) to send...

Published 25 May, 2021 04:40am

PHATA, AIM sign MoU

LAHORE: To provide interest-free loans to the low-income allottees of Naya Pakistan Housing Project (NPHP) for the...

Published 25 May, 2021 04:40am

Assets beyond means: SC moved against Khusro, Hashim

ISLAMABAD: The Supreme Court has been asked to hear a case against the Federal Minister for Industries and ...

Published 25 May, 2021 04:40am

Letters

Mega 24-hour vaccination centre at Karachi’s Expo Centre

The Sindh Health Department deserves a lot of praise for setting up and making functional a round-the-clock...

Published 25 May, 2021 04:40am

Job-inflation tradeoff, exiled from Fed policy, could mean a hot summer

Tension between sticky job markets and rising prices could pose a growing problem for U.S. Federal Reserve officials...

Published 25 May, 2021 04:40am

Financing social protection without incurring debt

Expenditure on social protection will lead to accumulation of debt if not financed through revenues, grants or...

Published 25 May, 2021 04:40am

Budgetary targets for 2021-22

The Federal budget for 2021-22 is currently under preparations. The date for presentation to the National assembly...

Published 25 May, 2021 04:40am

Clarification

ISLAMABAD: “Apropos media reports about the Plant & Machinery valuation conducted by M/s Joseph Lobo, third...

Published 25 May, 2021 04:40am

Special inspection of Cantt Station conducted

KARACHI: Divisional Superintendent of Pakistan Railways, Karachi, Muhammad Hanif Gul, conducted inspection of...

Published 25 May, 2021 04:40am

Rates.Ports

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust (KPT) handled 383,082 tonnes of cargo comprising 274,921 tonnes of import cargo and...

Published 25 May, 2021 04:40am

Stocks

Qatar index falls on broad-based losses; Abu Dhabi gains

DUBAI: Broad-based losses pulled Qatari shares lower on Monday, with all stocks on the index except one in negative...

Published 25 May, 2021 04:40am

Stocks

Japanese shares higher

TOKYO: Japanese shares ended higher on Monday, led by stocks sensitive to global economic growth, as investors...

Published 25 May, 2021 04:40am

Stocks

European stocks hover near record highs

AMSTERDAM/LONDON: European stocks held close to record highs on Monday with technology stocks leading the charge, as...

Published 25 May, 2021 04:40am

Stocks

China stocks surge

SHANGHAI: China stocks ended higher on Monday, helped by gains in financial firms, but caution prevailed as ...

Published 25 May, 2021 04:40am

Stocks

Monday’s early trade: Wall Street climbs

NEW YORK: Wall Street’s main indexes advanced on Monday, with the Nasdaq rising 1.5%, as investors flocked to...

Published 25 May, 2021 04:40am

Stocks

Indian shares up

BENGALURU: Indian shares settled marginally higher on Monday, helped by gains in heavyweight financial stocks...

Published 25 May, 2021 04:40am

Stocks

FTSE 100 moves higher; Cineworld rises

LONDON: London’s FTSE 100 edged higher on Monday after posting its second straight weekly drop, while Cineworld...

Published 25 May, 2021 04:40am

CDWP gives go-ahead to six uplift projects

ISLAMABAD: The Central Development Working Party (CDWP) has given go-ahead to six development projects at the cost ...

Published 25 May, 2021 04:40am

Chinese envoy meets Azhar

ISLAMABAD: Ambassador of China Nong Rong called on Federal Minister for Energy Hammad Azhar on Monday. Matters...

Published 25 May, 2021 04:40am

The Weather

KARACHI: The weather report on Monday (May 24, 2021) and the forecast for Tuesday (May 25, 2021)....

Published 25 May, 2021 04:40am

Rates.LME

LME official prices

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

Published 25 May, 2021 04:40am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 24, 2021)....

Published 25 May, 2021 04:40am

Rates.The Rupee

THE RUPEE: Drops vs USD

KARACHI: On Monday, PKR went down against USD in both interbank and open markets going below 154 despite USD being...

Published 25 May, 2021 04:40am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (May 24, 2021)....

Published 25 May, 2021 04:40am

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 25 May, 2021 04:40am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (May 24, 2021)....

Published 25 May, 2021 04:40am

Stocks

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

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

Published 25 May, 2021 04:40am

Rates.PSX

BOARD MEETINGS

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

Published 25 May, 2021 04:40am

Rates.PSX

Dividend/Bonus Announcements

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

Published 25 May, 2021 04:40am

Stocks

Last date of renunciation/payment

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

Published 25 May, 2021 04:40am

Rates.PSX

Proposed right issues

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

Published 25 May, 2021 04:40am

Rates.PSX

Clearing Schedule for T+2 System

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

Published 25 May, 2021 04:40am

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 25 May, 2021 04:40am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Monday (May 24, 2021). ======================== Offer Price 1,340.0555...

Published 25 May, 2021 04:40am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Monday (May 24, 2021). ======================== Offer Price 379.8431...

Published 25 May, 2021 04:40am

Rates.JLI

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Monday (May 24, 2021). ======================== Offer Price...

Published 25 May, 2021 04:40am

Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Monday (May 24, 2021). ======================== Offer Price 714.0156...

Published 25 May, 2021 04:40am

Rates.JLI

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Monday (May 24, 2021). ======================== Offer Price 1,475.7735...

Published 25 May, 2021 04:40am

Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Monday (May 24, 2021). ======================== Offer Price 1,220.4080 Bid ...

Published 25 May, 2021 04:40am

Rates.JLI

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Monday (May 24, 2021). ======================== Offer...

Published 25 May, 2021 04:40am

Rates.JLI

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Monday (May 24, 2021). ======================== Offer...

Published 25 May, 2021 04:40am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (May 24, 2021). ========================== KIBOR...

Published 25 May, 2021 04:40am

Rates.LIBOR

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (May 24, 2021)....

Published 25 May, 2021 04:40am

Rates.SBP

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 25 May, 2021 04:40am

Rates.LIBOR

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Monday (May 24, 2021)....

Published 25 May, 2021 04:40am

Rates.SBP

State Bank of Pakistan conversion rates

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

Published 25 May, 2021 04:40am

Rates.BR Index

PSX posts decent gains: BRIndex100 edges up

KARACHI: Pakistan Stock Exchange Monday witnessed a positive trend and closed in green on the back of healthy ...

Published 25 May, 2021 04:40am

Cotton & Textile

New York cotton

NEW YORK: The following were the fluctuations observed during the day:...

Published 25 May, 2021 04:40am

Cotton & Textile

Cotton futures dip

NEW YORK: ICE cotton futures fell on Monday pressured by weakness across grain markets and forecasts for rainfall in...

Published 25 May, 2021 04:40am

Energy

Venezuela restarts crude blending

MEXICO CITY: Venezuela’s state-run oil company PDVSA has restarted crude blending at its Petrolera Sinovensa...

Published 25 May, 2021 04:40am

Previous Day

Forex
World
Commodity

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

Gainers
Losers
Leaders

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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