News Archives for Print - 2021-11-06

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Print - 2021-11-06

Effective Nov 5: POL products' prices raised by adjusting PL, GST

ISLAMABAD: The federal government has raised the prices of petroleum products by up to six percent by making...

Updated 06 Nov, 2021 12:32pm

Saudi gets first arms deal under Biden with air-to-air missiles

WASHINGTON: The US State Department approved its first major arms sale to the Kingdom of Saudi Arabia under US...

Updated 06 Nov, 2021 09:41am

Govt decides to increase wheat support price to motivate farmers

ISLAMABAD: The government has decided to increase Rs150 per 40kg support price for wheat to motivate farmers....

Updated 06 Nov, 2021 09:40am

POL products: Opposition slams govt for hike in prices

ISLAMABAD: Opposition political parties in the National Assembly Friday lambasted the Pakistan Tehreek-e-Insaf (PTI)...

Updated 06 Nov, 2021 09:39am

SPI up 0.67pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended November 4, 2021 recorded an increase of 0.67...

Updated 06 Nov, 2021 09:43am

Talks with TTP, Afghan situation: Military officials to brief MPs on Monday

85 lawmakers, both from Senate and NA, including chief ministers of the four provinces, Gilgit-Baltistan and prime minister and president Azad Jammu and Kashmir, have been invited to attend the in-camera session

Updated 06 Nov, 2021 01:49pm

Pakistan, Iran to sign barter deal through commerce chambers?

ISLAMABAD: Pakistan and Iran are all set to reach a barter trade deal by using the forums of Quetta Chamber of...

Updated 06 Nov, 2021 10:51am

PM talks bitterly about sugar barons

ISLAMABAD: Prime Minister Imran Khan Friday said that sugar price went up to Rs140 per kg because three sugar mills...

Updated 06 Nov, 2021 10:49am

Discos' domestic consumers, KE: Base tariff for over 300 units' consumption raised

Decision, applicable from November 1, issued just days before the expected formal announcement of agreement between govt and IMF

Updated 06 Nov, 2021 10:33am

Book on censorship banned in Singapore

SINGAPORE: Singapore has banned a book on censorship over "offensive images" including controversial cartoons,...

Published 06 Nov, 2021 03:57am

EU warns Britain: Don't press the emergency Brexit button

LONDON/BRUSSELS: The European Union said on Friday that Britain had made no move to seek a compromise on post-Brexit...

Published 06 Nov, 2021 03:57am

Pfizer says antiviral pill cuts risk of severe Covid-19 by 89pc

NEW YORK: A trial of Pfizer Inc's experimental antiviral pill for COVID-19 was stopped early after the drug was ...

Published 06 Nov, 2021 03:57am

Asia

Indonesia seizes land owned by Suharto son's company

JAKARTA: Indonesia has seized land tied to an automaker owned by the son of its late dictator Suharto in a fresh bid...

Published 06 Nov, 2021 03:57am

Yorkshire chairman resigns over cricket race row

LONDON: The chairman of Yorkshire resigned on Friday over a growing racism row, blaming senior figures at one of...

Published 06 Nov, 2021 03:57am

US lawmakers to vote on historic $3trn Biden agenda

WASHINGTON: Lawmakers were set to vote Friday on giant twin bills at the center of Joe Biden's $3 trillion blueprint...

Published 06 Nov, 2021 03:57am

Middle East

Israel troops kill teen in West Bank: Palestinian ministry

OCCUPIED JERUSALEM: A 13-year-old Palestinian was fatally wounded by Israeli army gunfire Friday during the weekly...

Published 06 Nov, 2021 03:57am

South Asia

The party's over: Diwali leaves Delhi wheezing in dangerously unhealthy air

NEW DELHI: New Delhi residents woke up on Friday under a blanket of smog darkening the city, the most dangerous air...

Published 06 Nov, 2021 03:57am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (November 5, 2021)....

Published 06 Nov, 2021 03:57am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (November 5, 2021). ========================== KIBOR...

Published 06 Nov, 2021 03:57am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (November 5, 2021). ========================...

Published 06 Nov, 2021 03:57am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (November 5, 2021). ========================...

Published 06 Nov, 2021 03:57am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (November 5, 2021). ======================== Offer Price 1,231.9204 Bid...

Published 06 Nov, 2021 03:57am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (November 5, 2021). ======================== Offer Price...

Published 06 Nov, 2021 03:57am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (November 5, 2021). ======================== Offer Price...

Published 06 Nov, 2021 03:57am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (November 5, 2021). ======================== Offer ...

Published 06 Nov, 2021 03:57am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Friday (November 5, 2021). ======================== Offer Price...

Published 06 Nov, 2021 03:57am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Friday (November 5, 2021). ======================== Offer Price...

Published 06 Nov, 2021 03:57am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (November 5, 2021). ======================== Offer Price...

Published 06 Nov, 2021 03:57am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (November 5, 2021). ======================== Offer Price...

Published 06 Nov, 2021 03:57am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (November 5, 2021). ======================== Offer Price...

Published 06 Nov, 2021 03:57am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (November 5, 2021). ======================== Offer Price...

Published 06 Nov, 2021 03:57am

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 06 Nov, 2021 03:57am

Stocks

Last date of renunciation/payment

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

Published 06 Nov, 2021 03:57am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 06 Nov, 2021 03:57am

The Weather

KARACHI: The weather report on Friday (November 5, 2021) and the forecast for Saturday (November 6, 2021)....

Published 06 Nov, 2021 03:57am

Brazil opens 5G tender, seeking $9 bn in investment

BRASÍLIA: Brazil opened an international tender Thursday to build one of the world's biggest 5G data networks,...

Published 06 Nov, 2021 03:57am

Alvi for 'modification' of engineering disciplines

PESHAWAR: President Dr Arif Alvi here urged paradigm shift in the disciplines, scientific concepts and analytical...

Updated 06 Nov, 2021 10:53am

Govt urged to formulate 'realistic' long-term sugar policy

ISLAMABAD: Experts strongly urged upon the government to formulate a realistic long-term sugar policy in ...

Published 06 Nov, 2021 03:57am

Nepra imposes Rs26m fine on Fesco

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has imposed a fine of Rs 26 million on Faisalabad...

Published 06 Nov, 2021 03:57am

Taxpayers and expats: FTO Office sets up facilitation desk at IIA

ISLAMABAD: The Office of the Federal Tax Ombudsman (FTO) has taken another initiative to facilitate taxpayers and...

Published 06 Nov, 2021 03:57am

Keel-laying ceremony of MILGEM Class Corvette held at KS&EW

KARACHI: Keel laying ceremony of MILGEM Class Corvette for Pakistan Navy was held at Karachi Shipyard &...

Published 06 Nov, 2021 03:57am

EU Parliament's delegation meets Governor

LAHORE: A delegation of European Union Parliament for South Asia, led by Vice President, Hiedi Hautala and Member of...

Published 06 Nov, 2021 03:57am

Commissioner IR (Appeals) decided 25,000 cases in FY21

ISLAMABAD: Commissioner Inland Revenue (Appeals) decided 25,000 cases of aggrieved taxpayers and granted tax relief...

Published 06 Nov, 2021 03:57am

Rs200m released for education boards: minister

HYDERABAD: Sindh Minister for Universities, Boards and Environment Mohammad Ismail Rahu has said that holding a...

Published 06 Nov, 2021 03:57am

Letters

'Muslim prayer disruptions in India'

This is apropos a Business Recorder editorial "Muslim prayer disruptions in India" carried by the newspaper on...

Published 06 Nov, 2021 03:57am

'It kills me inside': Activists sound alarm on climate anxiety

From Bangladesh to Britain to Nigeria, many young campaigners on the frontlines of the global fight for climate...

Published 06 Nov, 2021 03:57am

Talks to succeed Merkel hit snags over climate, finance

Efforts by German parties to form a new government to succeed Angela Merkel's coalition have run into hurdles,...

Published 06 Nov, 2021 03:57am

Saudi Arabia's Vision 2030

"Visions" are proliferating in the Arab sheikhdoms for quite sometime. The UAE embarked on "Vision 2021", Qatar...

Updated 06 Nov, 2021 04:44am

Collectorate of Customs, Enforcement asked: Unaccompanied baggage must not be cleared

KARACHI: The Directorate of Reforms & Automation, (Customs) has directed the Collectorate of Customs, ...

Published 06 Nov, 2021 03:57am

PARTLY FACETIOUS: The WB mission in Pakistan

"It's all about timing or lack thereof!" "I thought corona and the associated lockdown, however smart..." "You ...

Published 06 Nov, 2021 03:57am

Administrator meets Sindh Governor

KARACHI: Administrator Karachi Murtaza Wahab called on Sindh Governor Imran Ismail at Governor House here on Friday....

Published 06 Nov, 2021 03:57am

Deep-sea trawlers threaten Balochistan fishermen's means of livelihood: NP

KARACHI: Chinese and other deep seas fisheries trawling into Balochistan's territorial sea waters has cast a ...

Published 06 Nov, 2021 03:57am

PIA ranked among world's best airlines

KARACHI: Pakistan International Airlines (PIA) is now ranked among the best airlines in the world that have the...

Updated 06 Nov, 2021 12:23pm

Punjab govt's liabilities swell on rupee slide

LAHORE: The Punjab government's liabilities have bulged by Rs 77 billion in the third quarter of the calendar year...

Updated 06 Nov, 2021 12:30pm

German envoy says will resolve visa issues of carpet exporters

LAHORE: Ambassador of Germany Bernhard Schlagheck on Friday said visa issues of carpet exporters will be resolved on...

Updated 06 Nov, 2021 12:29pm

Two sugar mills sealed as govt steps up crackdown on hoarders

LAHORE: To ensure sale of sugar at the officially-fixed price and its availability in the market, the provincial...

Published 06 Nov, 2021 03:57am

Shehbaz contacts Bilawal, Fazl: Opposition rejects sudden increase in POL prices

LAHORE: Rejecting the sudden increase in petroleum products prices, leaders of the opposition parties agreed in...

Published 06 Nov, 2021 03:57am

OMAP rejects PDC system

LAHORE: Oil Marketing Association of Pakistan (OMAP) on Wednesday rejected the Petroleum Differential Claim (PDC)...

Published 06 Nov, 2021 03:57am

Ex-LHC CJ Khawaja Sharif passes away

LAHORE: Former chief justice Lahore High Court (LHC) Khawaja Muhammad Sharif has passed away on Friday. It may be...

Published 06 Nov, 2021 03:57am

PPP threatens to stage protests

ISLAMABAD: Pakistan Peoples' Party (PPP) urged the Pakistan Tehreek-e-Insaf (PTI) government to withdraw the recent...

Published 06 Nov, 2021 03:57am

Dengue fever claims 7 more lives

ISLAMABAD: The dengue fever has claimed seven more lives across the country and hundreds more people were infected...

Published 06 Nov, 2021 03:57am

Cyber security matters: Sania Nishtar expresses her reservations over engagement with Russia

ISLAMABAD: A parliamentary panel, Friday, recommended for reviewing bilateral engagement with Russia on cyber...

Published 06 Nov, 2021 03:57am

Senate session: Opposition assails govt over further raise in POL items' prices

ISLAMABAD: The opposition Friday lambasted the government in Senate for increasing petroleum prices by more than 10...

Published 06 Nov, 2021 03:57am

Rates

Stocks higher on likely release of IMF tranche

KARACHI: Pakistan Stock Exchange (PSX) closed higher on the last trading day of the week on likely release of the ...

Published 06 Nov, 2021 03:57am

Forex

Open market rates of foreign currencies

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

Published 06 Nov, 2021 03:57am

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 06 Nov, 2021 03:57am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (November 5, 2021). ======================== Offer Price...

Published 06 Nov, 2021 03:57am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (November 5, 2021). ======================== Offer Price 1,502.3108...

Published 06 Nov, 2021 03:57am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (November 5, 2021). ======================== Offer Price...

Published 06 Nov, 2021 03:57am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (November 5, 2021). ======================== Offer Price...

Published 06 Nov, 2021 03:57am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (November 5, 2021). ======================== Offer Price...

Published 06 Nov, 2021 03:57am

Rates

Clearing Schedule for T+2 System

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

Published 06 Nov, 2021 03:57am

Rates

Proposed right issues

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

Published 06 Nov, 2021 03:57am

Rates

BOARD MEETINGS

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

Published 06 Nov, 2021 03:57am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (November 5, 2021). ==================================== BR...

Published 06 Nov, 2021 03:57am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (November 5, 2021)....

Published 06 Nov, 2021 03:57am

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 06 Nov, 2021 03:57am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (November 5, 2021)....

Published 06 Nov, 2021 03:57am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (November 5, 2021)....

Published 06 Nov, 2021 03:57am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (November 5, 2021). ======================== Open Bid ...

Published 06 Nov, 2021 03:57am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (November 5, 2021)....

Published 06 Nov, 2021 03:57am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Friday (November 5, 2021). ======================================= Offset...

Published 06 Nov, 2021 03:57am

Rates

LME official prices

LONDON: The following were Thursday official prices. ========================================= ALUMINIUM...

Published 06 Nov, 2021 03:57am

AAJ PROGRAM SCHEDULE

Saturday, November 06, 2021 TIMING PROGRAM TITLE 06:00 TARGET 06:25 HEADLINE NEWS 06:30 TARGET 06:55 HEADLINE NEWS...

Published 06 Nov, 2021 03:57am

Cotton & Textile

Volume of business slowed down on cotton market

KARACHI: The local cotton market on Friday remained stable but volume of business came down owing to unprecedented...

Published 06 Nov, 2021 03:57am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (November 05, 2021)....

Published 06 Nov, 2021 03:57am

Commodities

Delayed French maize crop brings harvest snags

PARIS: France's maize harvest remained well behind the usual pace last week and the late arrival of a bumper crop is...

Published 06 Nov, 2021 03:57am

Rates

Activities of Karachi Port

KARACHI: The Karachi Port Trust handled 116,519 tonnes of cargo comprising 75,959 tonnes of import cargo and 40,560...

Published 06 Nov, 2021 03:57am

Energy

Depleted US oil inventories leave market vulnerable to shocks

LONDON: US petroleum consumption has returned to pre-pandemic levels as businesses have reopened and internal road...

Published 06 Nov, 2021 03:57am

Commodities

Argentine oilseed workers ordered by government to end hours-long strike

BUENOS AIRES: Argentina's government on Thursday ordered oilseed workers to end an hours-old strike over the amount...

Published 06 Nov, 2021 03:57am

Energy

High gas prices push Ukraine corn cost up, may cut 2022 sowing area

KYIV: Soaring global gas prices and a subsequent rise in domestic prices has increased the net cost of Ukrainian...

Published 06 Nov, 2021 03:57am

Commodities

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 14.844...

Published 06 Nov, 2021 03:57am

Commodities

China iron ore futures head for fourth weekly fall

BEIJING/MANILA: Benchmark iron ore futures in China fell on Friday and headed for a fourth straight weekly decline ...

Published 06 Nov, 2021 03:57am

Energy

VLSFO cracks post weekly gain, cash premiums rise

SINGAPORE: Asia's front-month crack for 0.5% very low-sulphur fuel oil (VLSFO) climbed to their strongest level in...

Published 06 Nov, 2021 03:57am

Energy

Asia's naphtha crack plunges

NEW DELHI: Asia's naphtha crack plunged on Friday, but remained strong near recent highs due to seasonal demand from...

Published 06 Nov, 2021 03:57am

Money & Banking

Dollar hits more than 1-year peak

NEW YORK: The dollar hit its highest level in more than a year on Friday after data showed more jobs were created in...

Published 06 Nov, 2021 03:57am

Energy

Oil extends gains by over 2pc after OPEC+ sticks to gradual cuts

BENGALURU: Crude prices rose more than 2% on Friday, after OPEC+ producers rebuffed a US call to pump more oil,...

Published 06 Nov, 2021 03:57am

Commodities

Aluminium buckles under pressure from higher coal output

LONDON: Aluminium prices fell to their lowest in more than three months on Friday as rising coal output in China...

Published 06 Nov, 2021 03:57am

Commodities

Gold rides Fed wave to weekly gain

NEW YORK: Gold prices gained on Friday as they shrugged off stronger-than-expected monthly jobs data, and the...

Published 06 Nov, 2021 03:57am

Bollywood stars return to India's big screens after more than a year

MUMBAI: Bollywood stars are returning to India's big screens after more than a year, with the film industry hoping...

Published 06 Nov, 2021 03:57am

Previous Day

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.08 ▲ 0.47 (18.01%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.68 ▲ 0.44 (13.58%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
Al-Shaheer Corp / May 15 Al Shaheer Corporation Limited(ASC)	8.53 ▲ 0.81 (10.49%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
AN Textile Mills / May 15 AN Textile Mills Limited(ANTM)	11.87 ▲ 1.08 (10.01%)
Arctic Textile / May 15 Arctic Textile Mills Limited(ARCTM)	23.63 ▲ 2.15 (10.01%)
Khyber Textile / May 15 Khyber Textile Mills Limited(KHYT)	1,075.94 ▲ 97.81 (10%)
Pak Synthetics / May 15 Pakistan Synthetics Limited(PSYL)	56.67 ▲ 5.15 (10%)
LSE Financial Serv. / May 15 LSE Financial Services Limited(LSEFSL)	24.19 ▲ 2.2 (10%)

Stock	Price
Tariq Corp.Pref. / May 15 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.11 ▼ -1 (-12.33%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.37 ▼ -2.92 (-9.97%)
National Silk / May 15 The National Silk & Rayon Mills Limited(NSRM)	41.70 ▼ -4.51 (-9.76%)
TPL Life Insur. / May 15 TPL Life Insurance Limited(TPLL)	46.80 ▼ -4.5 (-8.77%)
Pak Engineering / May 15 Pakistan Engineering Company Limited(PECO)	656 ▼ -63.05 (-8.77%)
Nazir Cotton Mills / May 15 Nazir Cotton Mills Limited(NCML)	12 ▼ -1.15 (-8.75%)
Supernet Tech. / May 15 Supernet Technologies Limited(STL)	730.33 ▼ -69.67 (-8.71%)
Quetta Textile / May 15 Quetta Textile Mills Limited(QUET)	11.14 ▼ -1 (-8.24%)
Olympia Mills / May 15 Olympia Mills Limited(OML)	51.01 ▼ -4.52 (-8.14%)
Tandlianwala Sugar / May 15 Tandlianwala Sugar Mills Limited(TSML)	152 ▼ -12.68 (-7.7%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	31,024,318 ▲ 2.18
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	30,394,530 ▲ 0.22
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	28,299,845 ▲ 0.37
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	21,160,228 ▲ 3.66
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	16,599,083 ▲ 0.18
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	14,525,903 ▲ 1.25
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	11,838,043 ▲ 0.12
B.O.Punjab / May 15 The Bank of Punjab(BOP)	9,734,687 ▲ 0.13
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	9,083,523 ▲ 5.09
Al-Shaheer Corp / May 15 Al Shaheer Corporation Limited(ASC)	8,794,547 ▲ 0.81

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