News Archives for Print - 2021-12-25

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Print - 2021-12-25

Dr Zafar Ali successfully defends his PhD thesis

ISLAMABAD: Dr Zafar Ali Khan has successfully defended his PhD thesis from Liverpool John Moores University, United...

Published 25 Dec, 2021 05:02am

FPCCI hosts dinner in honour of SAARC SG

ISLAMABAD: Federation of Pakistan Chamber of Commerce and Industry (FPCCI) hosted a dinner in honour of Esala Ruwan...

Published 25 Dec, 2021 05:02am

US became ‘arrogant’ after fall of Soviet Union: Gorbachev

MOSCOW: Former Soviet leader Mikhail Gorbachev said Friday that Washington grew “arrogant and self-confident”...

Published 25 Dec, 2021 05:02am

Middle East

Iran diplomats get Saudi visas for OIC posts

TEHRAN: Three Iranian diplomats have received visas from rival Saudi Arabia allowing them to take up posts at the...

Published 25 Dec, 2021 05:02am

USA

US to lift travel curbs on eight African countries

NEW YORK: The Biden administration will lift travel restrictions on eight southern African countries imposed last...

Published 25 Dec, 2021 05:02am

Millions travel across US as airlines cancel flights over Covid

WASHINGTON: Millions of Americans are traveling before Christmas even as national Omicron Covid-19 infections ...

Published 25 Dec, 2021 05:02am

CJP again proposes name of LHC judge Ayesha for SC

ISLAMABAD: Chief Justice of Pakistan Gulzar Ahmed again proposed the name of Lahore High Court (LHC) judge Ayesha...

Published 25 Dec, 2021 05:02am

Rabi season 2021-22: Punjab achieves 99pc of wheat sowing target

ISLAMABAD: Punjab, which accounts for 75.96 percent of the total wheat production, completed 99 percent of wheat...

Published 25 Dec, 2021 05:02am

Senate body told why Ismail appointed KE BoD member

ISLAMABAD: The Federal Government reportedly appointed Naveed Ismail as Member Board of Directors (BoD) of Karachi...

Published 25 Dec, 2021 05:02am

Christmas to be observed today

LAHORE: Like other parts of the world, Christian community across the country will celebrate Christmas in a ...

Published 25 Dec, 2021 05:02am

DC Lahore vows to establish Land Record Center at LCCI

LAHORE: On demand of the LCCI President Mian Nauman Kabir, Deputy Commissioner Lahore Umar Sher Chatha has assured ...

Published 25 Dec, 2021 05:02am

Punjab approves five uplift projects worth Rs42bn

LAHORE: The Punjab Provincial Development Working Party on Friday approved five development schemes of various...

Published 25 Dec, 2021 05:02am

Shehbaz, son: proceedings adjourned

LAHORE: A special court (offences in bank) adjourned the proceedings till January 04 on an application of the ...

Published 25 Dec, 2021 05:02am

Ring road scandal: PML-N demands action against authorities

LAHORE: Pakistan Muslim League-Nawaz (PML-N) demanded action against the relevant authorities for approving ring...

Published 25 Dec, 2021 05:02am

LGH Stroke Centre no longer functional

LAHORE: Non surgical brain haemorrhage and ischemic stroke treatment here at the Lahore General Hospital (LGH) has...

Published 25 Dec, 2021 05:02am

IoBM-SSKIC holds cohort-1 graduation ceremony

KARACHI: The Shahjehan S Karim Incubation Centre (SSK-IC) at the Institute of Business Management, Karachi held the...

Published 25 Dec, 2021 05:02am

Sindh reports 3 more Covid-19 deaths, 200 fresh cases

KARACHI: As many as three more patients of Coronavirus died overnight lifting the death toll to 7,661 and 200 new...

Published 25 Dec, 2021 05:02am

Technology, knowledge transfer: NOVA Group joins hands with Italian architect firm

KARACHI: Renowned real estate developers Pakistan Nova Group join hands with Italian architect firm ARCHEA for...

Published 25 Dec, 2021 05:02am

Stocks

AHL’s report expresses optimism about equity market’s prospects

KARACHI: Arif Habib Limited (AHL) Friday released its Pakistan Investment Strategy Report for 2022 and reiterated ...

Published 25 Dec, 2021 05:02am

Renewable energy

The recently announced World Economic Forum’s Energy Transition Index 2021 has ranked Denmark, Finland and the...

Published 25 Dec, 2021 05:02am

Record IPO binge in 2021 leaves investors hung over

Initial public offerings (IPOs) around the world raised a record $594 billion in 2021, riding the coattails of stock...

Published 25 Dec, 2021 05:02am

Youth exodus takes joy out of Syria Christmas

Inside a Syrian monastery desecrated by “jihadists,” Matanios Dalloul stood alone by the shattered altar where a...

Published 25 Dec, 2021 05:02am

No place to pray: Muslim worshippers under pressure in India

Dinesh Bharti drives around with other activists on Fridays heckling and harassing Muslims praying outside in...

Published 25 Dec, 2021 05:02am

Letters

‘Covid-19 Fund’

That the challenge of Covid-19 still exists in a dangerous manner is a fact. The government’s step to establish a...

Published 25 Dec, 2021 05:02am

Legal formalities for PHA completed: minister

ISLAMABAD: All the legal formalities for Pakistan Halal Authority (PHA) have been completed and realistic targets...

Published 25 Dec, 2021 05:02am

3 injured by explosion in sewerage line

KARACHI: Three people were injured on Friday in a blast in a sewerage line in Mehmoodabad, police said. A statement...

Published 25 Dec, 2021 05:02am

ABL & PPAF sign MoU

KARACHI: In line with State Bank of Pakistan’s guidelines and with its focus on financial inclusion of...

Published 25 Dec, 2021 05:02am

Senate condemns Sialkot incident

ISLAMABAD: The upper house of the Parliament Friday passed a unanimous resolution in strong condemnation of Sialkot...

Published 25 Dec, 2021 05:02am

PRIME’s latest report: Economic prosperity ‘improves’ amid rising energy constraints

ISLAMABAD: Economic prosperity improves amid rising energy constraints, while purchasing power continues to decline,...

Published 25 Dec, 2021 05:02am

ESA: meeting held

KARACHI: An important meeting was held at the office of the Educational Services Association (ESA) on Thursday. ...

Published 25 Dec, 2021 05:02am

PARTLY FACETIOUS: What actually constitutes ‘high-level meeting’?

“So all are predicting doom for The Khan…why are you laughing? I thought you are a Khanzadah…” “The Khan...

Published 25 Dec, 2021 05:02am

China hands Type 054A/P frigate over to Pakistan

BEIJING: Pakistan on Friday received a modern four Type 054A/P frigate built by China for the Pakistan Navy (PN)....

Published 25 Dec, 2021 05:02am

Islamabad Local Govt Ordinance, 2021: IHC issues notice to AGP

ISLAMABAD: The Islamabad High Court (IHC), Friday, issued notices to the Attorney General for Pakistan (AGP) in a...

Published 25 Dec, 2021 05:02am

NA session: Ruckus over absence of ministers leads to abrupt adjournment

ISLAMABAD: Ruckus by the opposition lawmakers over absence of ministers and lack of quorum in the National Assembly...

Published 25 Dec, 2021 05:02am

Tarin swears in as senator

ISLAMABAD: Newly-elected member of the Senate, Advisor to the Prime Minister on Finance and Revenue Shaukat Fayyaz...

Published 25 Dec, 2021 05:02am

Pervez Rashid, Dar and others: Islamabad DC directed to recover Rs190m

ISLAMABAD: The Islamabad High Court (IHC), on Friday, directed the District Collector (DC) Islamabad to recover Rs...

Published 25 Dec, 2021 05:02am

Allegations against Shehbaz: Marriyum challenges Imran, Shehzad

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) secretary-information Marriyum Aurangzeb has challenged Prime...

Published 25 Dec, 2021 05:02am

Fake pesticides, fertilizers 2,727 cases registered against manufacturers

LAHORE: Agricultural Task Force Punjab has so far raided 29,834 different places and got registered 2,727 cases...

Published 25 Dec, 2021 05:02am

Industry

Regulatory duty: PYMA expresses concern over rumours

KARACHI : Saqib Naseem, central chairman Pakistan Yarn Merchants Association (PYMA), while expressing deep concern...

Published 25 Dec, 2021 05:02am

US bans Xinjiang imports, China slams move

WASHINGTON: President Joe Biden signed a law Thursday virtually banning all imports from the Chinese region of...

Published 25 Dec, 2021 05:02am

Rulers must step down and pave way for fresh elections: Pasban

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor Friday said that the dream of a change has turned sour...

Published 25 Dec, 2021 05:02am

Middle East

Iran fires missiles during drills in warning to Israel

TEHRAN: Iran fired multiple ballistic missiles Friday at the close of five days of military drills that generals ...

Published 25 Dec, 2021 05:02am

Money & Banking

Turkey has burst its forex bubble with latest measures: Erdogan

ISTANBUL: Turkey’s President Tayyip Erdogan said on Friday the government had burst a bubble in the foreign...

Published 25 Dec, 2021 05:02am

Stocks

British, French stocks flat at open on Christmas Eve

LONDON: The London and Paris stock exchanges opened flat in subdued Christmas Eve trade on Friday, with Frankfurt...

Published 25 Dec, 2021 05:02am

The Weather

KARACHI: The weather report on Friday (December 24, 2021) and the forecast for Saturday (December 25, 2021)....

Published 25 Dec, 2021 05:02am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 25 Dec, 2021 05:02am

Stocks

Last date of renunciation/payment

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

Published 25 Dec, 2021 05:02am

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 Dec, 2021 05:02am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (December 24, 2021)....

Published 25 Dec, 2021 05:02am

Rates

Stocks witness drawdown

KARACHI: Pakistan Stock Exchange Friday witnessed a rangebound session as the investors remained cautious and ...

Published 25 Dec, 2021 05:02am

Energy

Some departments ruining economy: APCNGA

ISLAMABAD: The All Pakistan CNG Association (APCNGA), on Friday, said some departments are ruining the economy in a...

Published 25 Dec, 2021 05:02am

Energy

Russia says doubles imports of Turkmen gas in 2021

ASHGABAT, (Turkmenistan): Russia’s imports of natural gas from Turkmenistan have doubled in 2021 from the volumes...

Published 25 Dec, 2021 05:02am

Energy

Oil prices ease, focus shifts to next OPEC+ move

LONDON: Brent crude futures snapped a three-day rally on Friday in light trading before the Christmas holidays, but...

Published 25 Dec, 2021 05:02am

Energy

Russia says Europe missing out on gas with Nord Stream 2 delay

MOSCOW: Europe, struggling with soaring gas prices, is missing out on additional Russian supplies amid delays to the...

Published 25 Dec, 2021 05:02am

Commodities

Palm up for fourth session tracking rivals

KUALA LUMPUR: Malaysian palm futures rose to their highest in one-and-a-half weeks on Friday, tracking rival oils,...

Published 25 Dec, 2021 05:02am

Energy

Naphtha crack posts weekly loss, ARA inventories rise

NEW DELHI: Asia’s naphtha crack snapped a two-day winning streak on Friday in thin trade, and posted a weekly loss...

Published 25 Dec, 2021 05:02am

Commodities

Dalian iron ore futures gain for 5th week

BEIJING: Benchmark iron ore futures in China gained for a fifth straight week, closing nearly 4% higher on Friday,...

Published 25 Dec, 2021 05:02am

Commodities

Paris wheat in holiday lull, rapeseed eases after new record

PARIS: Euronext wheat was little changed in a short pre-Christmas session on Friday, consolidating after a rally on...

Published 25 Dec, 2021 05:02am

Commodities

PMEX Daily Trading Report

KARACHI: On Thursday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 10.278...

Published 25 Dec, 2021 05:02am

Commodities

Corn futures near 6-month high

CHICAGO: Chicago Board of Trade corn futures neared a six-month high and soybean futures topped a four-month high on...

Published 25 Dec, 2021 05:02am

Commodities

Japan futures drop

TOKYO: Japanese rubber futures dropped on Friday in thin, holiday trade as investors worried about the continued...

Published 25 Dec, 2021 05:02am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 125,153 tons of cargo comprising 103,292 tons of import cargo and 21,861 ...

Published 25 Dec, 2021 05:02am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (December 24, 2021)....

Published 25 Dec, 2021 05:02am

Cotton & Textile

Spot rate remains unchanged on cotton market

LAHORE: The spot rate remained unchanged on Friday. The market remained steady and the trading volume remained ...

Published 25 Dec, 2021 05:02am

Rates

LME official prices

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

Published 25 Dec, 2021 05:02am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (December 24, 2021)...

Published 25 Dec, 2021 05:02am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Friday (December 24, 2021). ======================================= Offset...

Published 25 Dec, 2021 05:02am

Rates

Shipping Intelligence

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

Published 25 Dec, 2021 05:02am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (December 24, 2021). ======================== Open Bid...

Published 25 Dec, 2021 05:02am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (December 24, 2021)....

Published 25 Dec, 2021 05:02am

Rates

Revised Rates of Debt Securities

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

Published 25 Dec, 2021 05:02am

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 Dec, 2021 05:02am

Rates

Member to Member

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

Published 25 Dec, 2021 05:02am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (December 24, 2021). ==================================== BR...

Published 25 Dec, 2021 05:02am

Rates

BOARD MEETINGS

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

Published 25 Dec, 2021 05:02am

Rates

Proposed right issues

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

Published 25 Dec, 2021 05:02am

Rates

Clearing Schedule for T+2 System

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

Published 25 Dec, 2021 05:02am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (December 24, 2021). ======================== Offer Price...

Published 25 Dec, 2021 05:02am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (December 24, 2021). ======================== Offer Price...

Published 25 Dec, 2021 05:02am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (December 24, 2021). ======================== Offer Price...

Published 25 Dec, 2021 05:02am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (December 24, 2021). ======================== Offer Price 1,415.7257...

Published 25 Dec, 2021 05:02am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (December 24, 2021). ======================== Offer Price...

Published 25 Dec, 2021 05:02am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (December 24, 2021). ======================== Offer Price...

Published 25 Dec, 2021 05:02am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (December 24, 2021). ======================== Offer Price...

Published 25 Dec, 2021 05:02am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (December 24, 2021). ======================== Offer Price...

Published 25 Dec, 2021 05:02am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (December 24, 2021). ======================== Offer Price...

Published 25 Dec, 2021 05:02am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Friday (December 24, 2021). ======================== Offer Price...

Published 25 Dec, 2021 05:02am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Friday (December 24, 2021). ======================== Offer Price...

Published 25 Dec, 2021 05:02am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (December 24, 2021). ======================== Offer ...

Published 25 Dec, 2021 05:02am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (December 24, 2021). ======================== Offer Price...

Published 25 Dec, 2021 05:02am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (December 24, 2021). ======================== Offer Price...

Published 25 Dec, 2021 05:02am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (December 24, 2021). ======================== Offer Price 1,194.2240 Bid...

Published 25 Dec, 2021 05:02am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (December 24, 2021). ========================...

Published 25 Dec, 2021 05:02am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (December 24, 2021). ========================...

Published 25 Dec, 2021 05:02am

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 25 Dec, 2021 05:02am

Forex

Open market rates of foreign currencies

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

Published 25 Dec, 2021 05:02am

‘Mera Pakistan Mera Ghar’ PM touts housing initiative

PM Imran says project will uplift the economy as it will give a boom to construction activities in the country

Updated 25 Dec, 2021 03:02pm

IMF extends emergency funding by 18 months

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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