News Archives for Print - 2021-09-03

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Print - 2021-09-03

Criticality of forex explained

PM Imran says industrialisation and tourism is essential for foreign exchange

Updated 03 Sep, 2021 09:50am

EU mulls reaction force after Afghan evacuation

Calls have grown for the group to develop its own joint military capability to respond to crises in the wake of chaotic scenes at Kabul airport

Updated 03 Sep, 2021 11:24am

China to set up Beijing stock exchange for SMEs: Xi

President says this would be done by setting up the Beijing stock exchange as the primary platform serving innovation-oriented SMEs

Updated 03 Sep, 2021 10:33am

Under-construction projects: SBP allows banks, DFIs to extend loans

The financing risk of banks will be secured through mortgage of project land based on specific arrangements with builders

Updated 03 Sep, 2021 10:01am

Forex reserves hit all-time high of $27bn

KARACHI: The country’s total liquid foreign exchange reserves reached all-time high level of $27 billion supported...

Published 03 Sep, 2021 05:25am

IFAC, ACCA to host third annual climate week on 20th

KARACHI: Session will bring together investment and finance and accounting professionals for a thought-provoking...

Published 03 Sep, 2021 04:58am

LNG contract scam: Khaqan finishes questioning prosecution witnesses

ISLAMABAD: The counsel for former Prime Minister Shahid Khaqan Abbasi on Thursday completed the cross-examination of...

Published 03 Sep, 2021 04:58am

Dawood tests positive for Covid-19

ISLAMABAD: Prime Minister Advisor on Commerce and Investment, Abdul Razak Dawood has tested positive for Covid-19....

Published 03 Sep, 2021 04:58am

Ehsaas programme aims to empower 10m poorest women: Sania

ISLAMABAD: Federal government’s Ehsaas Programme aims to empower 10 million “poorest women in Pakistan and help...

Published 03 Sep, 2021 04:58am

Ali Habib Medical Center New Nazimabad: Moving towards a healthier life

Ali Habib Medical Center is busy in providing relief to the residents of Naya Nazimabad and adjoining areas. I had ...

Published 03 Sep, 2021 04:58am

PM’s Ehsaas Scholarship cheques given to 62 SAU students

HYDERABAD: Prime Minister Ehsaas scholarship cheques were distributed among 62 students of Sindh Agriculture...

Published 03 Sep, 2021 04:58am

Clarification

ISLAMABAD: This is in response to some media reports regarding increase in public debt during last three years while...

Published 03 Sep, 2021 04:58am

Punjab reports 44 new Covid-19 deaths, 1,588 fresh positive cases

LAHORE: There is no let up in fatalities as well as fresh Covid-19 infections, as out of 23,394 tests conducted...

Published 03 Sep, 2021 04:58am

Fawad praises Babar Azam's batting skills

LAHORE: Terming Pakistan skipper Babar Azam as World No. 1 batsman, test cricketer Fawad Alam said he has learned a...

Published 03 Sep, 2021 04:58am

Cancellation of transfer order: Senior jail officer removed for 'mounting pressure' on IG

LAHORE: Punjab Inspector General for Prisons Mirza Shahid Saleem Baig has removed from service a "tainted" senior...

Published 03 Sep, 2021 04:58am

Subsidising silage machines: Punjab govt approves Rs667m project

LAHORE: The Punjab government has approved a Rs667 million two years project to subsidize silage machines to help ...

Published 03 Sep, 2021 04:58am

PESSI Cash Benefit mobile app launched across Punjab

LAHORE: After the approval of the Governing Body of Punjab Social Security, the PESSI Cash Benefit mobile ...

Published 03 Sep, 2021 04:58am

BOP inks MoU with PSTD

LAHORE: In line with its vision to create a culture of learning within the organization and to provide the employees...

Published 03 Sep, 2021 04:58am

South Asia

Afghan women call for respect in rare protest

HEART: Defiant Afghan women held a rare protest Thursday saying they were willing to accept the burqa if their...

Published 03 Sep, 2021 04:58am

Drought leaves Afghans hungry as economic collapse looms: UN

GENEVA: Many Afghans were struggling to feed their families amid severe drought well before Taliban militants seized...

Published 03 Sep, 2021 04:58am

China orders ride-hailing firms Didi, Meituan to stop 'disorderly expansion'

BEIJING: Chinese regulators have summoned ride-hailing giant Didi Chuxing and ten other car platforms to demand they...

Published 03 Sep, 2021 04:58am

China

China cracks down on showbiz for 'polluting' society and youth

BEIJING: China ordered broadcasters on Thursday to shun artists with "incorrect political positions" and ...

Published 03 Sep, 2021 04:58am

EU ruling on euro clearing to take months, financial chief says

LONDON: The European Union will take months to decide if banks can continue clearing derivatives in London, the EU's...

Published 03 Sep, 2021 04:58am

South Africa says unable to take in Afghan refugees

JOHANNESBURG: South Africa said it has declined a request to host Afghans who have fled into Pakistan to escape the...

Published 03 Sep, 2021 04:58am

Iraq at risk of power shortages after Iran reduced gas supply

BAGHDAD: Iraq's electricity ministry said Iranian gas supplied to the central and southern regions was reduced to 8...

Published 03 Sep, 2021 04:58am

Ireland fines WhatsApp for breaching EU privacy laws

DUBLIN: Ireland on Thursday slapped Facebook's WhatsApp messaging service with a record fine for breaching EU data...

Published 03 Sep, 2021 04:58am

Britain's Raab, in Qatar, cites need to engage with Taliban

DOHA: British Foreign Secretary Dominic Raab said on Thursday there is a need to engage with the Taliban on...

Published 03 Sep, 2021 04:58am

Qatar working with Taliban to reopen Kabul airport 'as soon as possible'

DOHA: Qatar is working with the Taliban to reopen Kabul's airport as soon as possible, its foreign minister said on...

Published 03 Sep, 2021 04:58am

Russia accuses Google, Apple of election interference

MOSCOW: Russia said Thursday that Google and Apple's refusal to remove jailed Kremlin critic Alexei Navalny's app...

Published 03 Sep, 2021 04:58am

Minister slams US decision to include Pakistan in CSPA list

ISLAMABAD: Human Rights Minister Dr Shireen Mazari, on Thursday, slammed as "politically motivated" the United ...

Published 03 Sep, 2021 04:58am

Spectrum Auction for NGMS: PTA rejects CMOs' request for extension in sealed bid submission timeline

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has rejected the request of Cellular Mobile Operators...

Updated 03 Sep, 2021 09:57am

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 Sep, 2021 04:58am

Stocks

Last date of renunciation/payment

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

Published 03 Sep, 2021 04:58am

Stocks

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

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

Published 03 Sep, 2021 04:58am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 03 Sep, 2021 04:58am

The Weather

KARACHI: The weather report on Thursday (September 2, 2021) and the forecast for Friday (September 3, 2021)....

Published 03 Sep, 2021 04:58am

Yarn Prices

Karachi Yarn Market Rate

KARACHI: Karachi Yarn Market Rates on Thursday (September 2, 2021). ======================================= CONES...

Published 03 Sep, 2021 04:58am

Cabinet Secretariat body approves Ogra bill

ISLAMABAD: The Standing Committee on Cabinet Secretariat has approved the Oil and Gas Regulatory Authority...

Published 03 Sep, 2021 04:58am

Stocks

Shanghai shares end higher

SHANGHAI: Shanghai's benchmark share index ended higher on Thursday and Chinese blue-chips closed unchanged, as...

Published 03 Sep, 2021 04:58am

Stocks

Nikkei closes up for fourth straight session

TOKYO: Tokyo's benchmark Nikkei index closed higher for a fourth consecutive session on Thursday though trade...

Published 03 Sep, 2021 04:58am

Stocks

Upbeat Melrose earnings lift FTSE 100

LONDON: The FTSE 100 rose on Thursday on an upbeat earnings report from Melrose Industries and as higher oil prices...

Published 03 Sep, 2021 04:58am

SHC summons DIG Traffic for closure of six roads

KARACHI: Sindh High Court (SHC) Thursday summoned DIG Traffic on a petition against closure of six roads in South...

Published 03 Sep, 2021 04:58am

NFC Award: Fata's 3pc share not commensurate with population numbers: NA panel

ISLAMABAD: The three percent share of the erstwhile Fata in the National Finance Commission (NFC) Award was not...

Published 03 Sep, 2021 04:58am

Pakistani startups fundraising grows four times YoY

KARACHI: Pakistani startups fundraising grows 4X YoY as leading venture capitalists, including Kleiner Perkins, ...

Published 03 Sep, 2021 04:58am

Letters

Remembering Syed Ali Geelani

Syed Ali Geelani, who died on Wednesday at the age of 91, was a great source of inspiration for the Kashmiris who...

Published 03 Sep, 2021 04:58am

Road-map for Afghanistan

The global war on terror fought under the command of the United States of America (USA) in Afghanistan is expected ...

Published 03 Sep, 2021 04:58am

Tackling air pollution

‘The Air Quality Life Index (AQLI) shows that strong pollution policies pay back in additional years of life for...

Published 03 Sep, 2021 04:58am

Apple hit with antitrust case in India over in-app payments issues

Apple Inc is facing an antitrust challenge in India for allegedly abusing its dominant position in the apps market ...

Published 03 Sep, 2021 04:58am

Customs conducts 1,279 operations in Sindh last year

KARACHI: Pakistan Customs with the assistance of Sindh police and Rangers conducted 1279 operations during the ...

Published 03 Sep, 2021 04:58am

Unvaccinated people banned from domestic air travel

KARACHI: The Civil Aviation Authority of Pakistan has Thursday rolled out new guidelines making vaccination...

Published 03 Sep, 2021 04:58am

Monal Group chairman honoured

ISLAMABAD: President Dr Arif Alvi has awarded Luqman Ali Afzal, chairman The Monal Group the Presidential Award for...

Published 03 Sep, 2021 04:58am

Lahore Police launch first-ever official website

LAHORE: Keeping in view the models of citizens’ centric policing, the Lahore police on Thursday launched its first...

Published 03 Sep, 2021 04:58am

Unvaccinated people: NCOC tightens curbs

ISLAMABAD: The National Command and Operation Centre (NCOC), in its special guidelines under Obligatory Regime for...

Published 03 Sep, 2021 04:58am

Spike in Covid-19 cases: Hospitals under immense pressure: Umar

ISLAMABAD: National Command and Operation Centre (NCOC) Chairman Asad Umar, Thursday, while urging the people to...

Published 03 Sep, 2021 04:58am

CM steps up criticism of Opposition, defends govt policies

LAHORE: Chief Minister Punjab Sardar Usman Buzdar said on Thursday that the opposition is panicking over the best...

Published 03 Sep, 2021 04:58am

PARTLY FACETIOUS: Maryam arrives late

“The protocol givers have kind of thinned don’t you think?” “If you are referring to those accompanying...

Published 03 Sep, 2021 04:58am

PML-N needs NRO: Farrukh

ISLAMABAD: Minister of State for Information and Broadcasting, Farrukh Habib on Thursday said that Pakistan Muslim...

Published 03 Sep, 2021 04:58am

Army chief pays homage to Kashmiri leader Geelani for waging valiant life-long struggle

RAWALPINDI: Chief of Army Staff General Qamar Javed Bajwa has expressed deepest grief on the sad demise of Syed Ali...

Published 03 Sep, 2021 04:58am

Lawyers who stormed IHC building identified by commission

ISLAMABAD: A one-man commission pointed out that ‘part-time lawyers’ having vested interests were involved in...

Published 03 Sep, 2021 04:58am

PN inducts first long-range maritime patrol jet

KARACHI: Induction ceremony of Pakistan Navy’s first modern Long Range Maritime Patrol twin engine jet aircraft ...

Published 03 Sep, 2021 04:58am

Pakistan urges global, regional partners to engage with Afghanistan

ISLAMABAD: Pakistan, on Thursday, urged the regional and international partners to constructively engage with...

Published 03 Sep, 2021 04:58am

Qureshi, Austrian FM discuss Afghan situation

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi continued to exchange views on evolving situation of Afghanistan...

Published 03 Sep, 2021 04:58am

Qureshi for all-inclusive set-up in Afghanistan

ISLAMABAD: As the Taliban are set to announce a future government anytime soon, Foreign Minister Shah Mahmood...

Published 03 Sep, 2021 04:58am

NA body pays homage to Kashmiri leader Syed Ali Geelani

ISLAMABAD: The National Assembly Standing Committee on Information and Broadcasting performed a ...

Published 03 Sep, 2021 04:58am

Govt may shut Chaman border crossing: Rashid

ISLAMABAD: Federal Minister for Interior Sheikh Rashid Ahmed, on Thursday, said the government may shut Chaman ...

Published 03 Sep, 2021 04:58am

UK foreign secy to hold talks on Afghan situation

ISLAMABAD: British Foreign Secretary Dominic Raab is visiting Pakistan from September 2-3 to exchange views with...

Published 03 Sep, 2021 04:58am

Rates

State Bank of Pakistan conversion rates

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

Published 03 Sep, 2021 04:58am

Rates

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 Sep, 2021 04:58am

Forex

Exchange rates: buying and selling

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

Published 03 Sep, 2021 04:58am

Forex

Currency notes: exchange rates

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

Published 03 Sep, 2021 04:58am

Rates

LIBOR calculating interest on US dollar

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

Published 03 Sep, 2021 04:58am

Rates

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 Sep, 2021 04:58am

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 Sep, 2021 04:58am

Forex

Open market rates of foreign currencies

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

Published 03 Sep, 2021 04:58am

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 Sep, 2021 04:58am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Thursday (September 2, 2021)....

Published 03 Sep, 2021 04:58am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (September 2, 2021). ========================== KIBOR...

Published 03 Sep, 2021 04:58am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (September 2, 2021). ======================== Offer Price...

Published 03 Sep, 2021 04:58am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (September 2, 2021). ======================== Offer Price...

Published 03 Sep, 2021 04:58am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (September 2, 2021). ======================== Offer Price...

Published 03 Sep, 2021 04:58am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (September 2, 2021). ======================== Offer Price...

Published 03 Sep, 2021 04:58am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (September 2, 2021). ======================== Offer Price...

Published 03 Sep, 2021 04:58am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (September 2, 2021). ======================== Offer Price...

Published 03 Sep, 2021 04:58am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (September 2, 2021). ======================== Offer Price...

Published 03 Sep, 2021 04:58am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (September 2, 2021). ======================== Offer Price...

Published 03 Sep, 2021 04:58am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (September 2, 2021). ======================== Offer ...

Published 03 Sep, 2021 04:58am

Rates

Clearing Schedule for T+2 System

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

Published 03 Sep, 2021 04:58am

Rates

Proposed right issues

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

Published 03 Sep, 2021 04:58am

Rates

BOARD MEETINGS

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

Published 03 Sep, 2021 04:58am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (September 2, 2021). ==================================== ...

Published 03 Sep, 2021 04:58am

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 03 Sep, 2021 04:58am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (September 2, 2021)....

Published 03 Sep, 2021 04:58am

Rates

THE RUPEE: Downward trend continues

KARACHI: On Thursday, PKR continued to go down against USD in both interbank and open markets with no spread between...

Published 03 Sep, 2021 04:58am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (September 2, 2021)....

Published 03 Sep, 2021 04:58am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (September 2, 2021). ======================== Bid ...

Published 03 Sep, 2021 04:58am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 2, 2021)....

Published 03 Sep, 2021 04:58am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (September 2, 2021). ======================================= ...

Published 03 Sep, 2021 04:58am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (September 2, 2021)...

Published 03 Sep, 2021 04:58am

Rates

LME official prices

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

Published 03 Sep, 2021 04:58am

Energy

Oil stocks push European bourses higher

LONDON: European shares closed higher on Thursday as expectations of improving economic growth supported oil stocks,...

Published 03 Sep, 2021 04:58am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 2	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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