News Archives for Print - 2022-01-08

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Print - 2022-01-08

The Weather

KARACHI: The weather report on Friday (January 7, 2022) and the forecast for Saturday (January 8, 2022)....

Published 08 Jan, 2022 03:59am

Congressional watchdog warns US health agency unprepared to take over Covid vaccine programme

WASHINGTON: The US Department of Health and Human Services (HHS) appears unprepared to assume full responsibility ...

Published 08 Jan, 2022 03:59am

South Asia

Mahathir in hospital, second time in weeks

KUALA LUMPUR: Former Malaysian prime minister Mahathir Mohamad was admitted to hospital Friday, the medical facility...

Published 08 Jan, 2022 03:59am

Airbus faces $339m class action suit in Netherlands: lawyers

AMSTERDAM: Lawyers who say they are representing “a hundred” institutional investors have filed a class action...

Published 08 Jan, 2022 03:59am

US SC weighs whether to block Biden vaccine mandates

WASHINGTON: The US Supreme Court on Friday is set to consider requests by Republican state officials and business...

Published 08 Jan, 2022 03:59am

Chinese national pleads guilty to economic espionage

WASHINGTON: A Chinese national pleaded guilty on Thursday to conspiring to steal a trade secret from American...

Published 08 Jan, 2022 03:59am

Kazakh president gives shoot-to-kill order to quell protests

ALMATY: Security forces appeared to have reclaimed the streets of Kazakhstan’s main city on Friday after days of...

Published 08 Jan, 2022 03:59am

NAB’s directive to regional bureaus

ISLAMABAD: The National Accountability Bureau (NAB) has withdrawn the letter under which it barred all regional...

Published 08 Jan, 2022 03:59am

Customs ordered to clear 8,522 auctionable lots within two months

ISLAMABAD: In a landmark finding, the Federal Tax Ombudsman (FTO) in pursuance of an own motion investigation has...

Published 08 Jan, 2022 03:59am

Ex-circulation assistant of BR passes away

KARACHI: Syed Iqbal Hussain, former circulation assistant, Business Recorder, passed away on Friday due to cardiac...

Published 08 Jan, 2022 03:59am

Security: NSA briefs Senate body in camera

ISLAMABAD: National Security Advisor, Dr Moeed Yusuf has said that the National Security Policy places economic...

Published 08 Jan, 2022 03:59am

STZA, PAFLA sign MoU

ISLAMABAD: The Special Technology Zones Authority (STZA) and Pakistan Freelancers Association (PAFLA) signed a...

Published 08 Jan, 2022 03:59am

Rural Sindh: Jazz collaborates with USF to provide 4G connectivity

KARACHI: Jazz has collaborated with the Universal Service Fund (USF) to provide 4G services in Qambar-Shahdadkot,...

Published 08 Jan, 2022 03:59am

FIA detects over Rs4bn money-laundering under solar panel imports

KARACHI: The Federal Investigation Agency (FIA) has reportedly detected over Rs 4 billion money-laundering under the...

Updated 08 Jan, 2022 03:02pm

Iran Air commences operation from Mashhad to Karachi

KARACHI: Iran Air has commenced its direct flight operation from Mashhad to Karachi, increasing its monthly flights...

Published 08 Jan, 2022 03:59am

20 hand grenades recovered

KARACHI: Police on Friday claimed to have foiled a terror bid and recovered 20 hand grenades stuffed in a shopper...

Published 08 Jan, 2022 03:59am

LG Amendment Act: Wahab urges opposition to raise objections in Sindh Assembly only

KARACHI: Administrator Karachi and Sindh Government Spokesperson Barrister Murtaza Wahab on Friday asked the...

Published 08 Jan, 2022 03:59am

Very cold weather likely today

KARACHI: Widespread rains fell countrywide over the past 24 hours, as the Met Office on Friday forecast a very cold...

Published 08 Jan, 2022 03:59am

World’s ‘first neurochip creator’ honoured

KARACHI: The creator of world’s first neurochip, Pakistani born Canadian neuro scientist, Prof Dr Naweed Imam Syed...

Published 08 Jan, 2022 03:59am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (January 7, 2022)....

Published 08 Jan, 2022 03:59am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (January 7, 2022). ========================== KIBOR...

Published 08 Jan, 2022 03:59am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (January 7, 2022). ======================== OFFER PRICE...

Published 08 Jan, 2022 03:59am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (January 7, 2022). ======================== OFFER PRICE...

Published 08 Jan, 2022 03:59am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (January 7, 2022). ======================== OFFER PRICE...

Published 08 Jan, 2022 03:59am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (January 7, 2022). ======================== OFFER PRICE...

Published 08 Jan, 2022 03:59am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (January 7, 2022). ======================== OFFER PRICE...

Published 08 Jan, 2022 03:59am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (January 7, 2022). ======================== OFFER PRICE 1,453.7652...

Published 08 Jan, 2022 03:59am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (January 7, 2022). ======================== OFFER PRICE...

Published 08 Jan, 2022 03:59am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (January 7, 2022). ======================== OFFER PRICE...

Published 08 Jan, 2022 03:59am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (January 7, 2022). ======================== OFFER PRICE...

Published 08 Jan, 2022 03:59am

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 08 Jan, 2022 03:59am

Rates

Clearing Schedule for T+2 System

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

Published 08 Jan, 2022 03:59am

Rates

Proposed right issues

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

Published 08 Jan, 2022 03:59am

Stocks

Last date of renunciation/payment

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

Published 08 Jan, 2022 03:59am

Rates

Dividend/Bonus Announcements

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

Published 08 Jan, 2022 03:59am

Rates

Board meetings in progress

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

Published 08 Jan, 2022 03:59am

Rates

BOARD MEETINGS

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

Published 08 Jan, 2022 03:59am

Stocks

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

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

Published 08 Jan, 2022 03:59am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (January 7, 2022). ==================================== BR...

Published 08 Jan, 2022 03:59am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 08 Jan, 2022 03:59am

Yarn Prices

Karachi Yarn Market Rate

KARACHI: Karachi Yarn Market Rates on Friday (January 7, 2022). ======================================= CONES ...

Published 08 Jan, 2022 03:59am

Yarn Prices

Karachi Yarn Market Rate

KARACHI: Karachi Yarn Market Rates on Friday (January 7, 2022). ======================================= CONES ...

Published 08 Jan, 2022 03:59am

Stocks

Wall Street subdued after soft jobs data; Big Tech bounces

NEW YORK: Wall Street’s main indexes were muted on Friday after data pointed to weaker-than-expected job growth...

Published 08 Jan, 2022 03:59am

Stocks

GameStop shares surge on plan to enter NFT, crypto markets

BENGALURU: GameStop Corp is launching a division to develop a marketplace for nonfungible tokens (NFTs) and ...

Published 08 Jan, 2022 03:59am

Stocks

UK blue-chips steady

LONDON: The FTSE 100 held steady on Friday with investor focus squarely on US jobs data for clues on the pace of...

Published 08 Jan, 2022 03:59am

Letters

Kazakh protests

The presence of Moscow-led military alliance’s troops in Kazakhstan to help quell mounting unrest in this former...

Published 08 Jan, 2022 03:59am

Omicron: Mild or severe impact on economy?

After limping its way back from the Covid pandemic last year, the global economic recovery has been rattled by the...

Published 08 Jan, 2022 03:59am

Real Estate Investment Trust scheme: A comprehensive package for development of real estates

General

Pakistan, after the relevant amendment in the proposed Finance (Supplementary) Act, 2021 has...

Published 08 Jan, 2022 03:59am

In defence of IMF

The International Monetary Fund’s (IMF’s) firmness on its prior conditions in relation to levy of taxes and...

Published 08 Jan, 2022 03:59am

PARTLY FACETIOUS: Who is Rana sahib supporting?

“Javed Iqbal, Chairman of the National Accountability Bureau sent a letter to the Public Accounts Committee that ...

Published 08 Jan, 2022 03:59am

Hamad inaugurates 132KV grid station, gas pipeline

FAISALABAD: Federal Minister for Energy Hamad Azhar inaugurated the 132 KV grid station and gas pipeline at FIEDMC...

Published 08 Jan, 2022 03:59am

PSMA rejects claim of cane commissioner

LAHORE: The Pakistan Sugar Mills Association (PSMA) rejected the claim by the cane commissioner that supply of...

Published 08 Jan, 2022 03:59am

Heavy snowfall in Murree, Nathia Gali: Add’l force of wardens to clear roads for tourists

LAHORE: As a large number of tourists have been stranded in Murree due to heavy rainfall, Punjab Inspector General ...

Published 08 Jan, 2022 03:59am

Lahore set to get another 30mm rain: PDM

LAHORE: The city of Lahore has witnessed over 30 millimetres rain on Friday and it is set to get another 30...

Published 08 Jan, 2022 03:59am

Bilawal briefed about anti-govt march preparations

LAHORE: Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto was briefed about the preparations for February 27 long...

Published 08 Jan, 2022 03:59am

Foreign funding case: CM says everything ‘crystal clear’

LAHORE: Terming Prime Minister Imran Khan as a genuine leader, Chief Minister Sardar Usman Buzdar said on Friday ...

Published 08 Jan, 2022 03:59am

Center of Forensic Sciences Training Lab inaugurated: Punjab CM says will launch air ambulance service by June

LAHORE: Inaugurating the state-of-the-art “Center of Forensic Sciences Training Lab” at the Punjab Forensic...

Published 08 Jan, 2022 03:59am

PTI funding case: Shehbaz demands ‘legal’ action against PM

LAHORE: Leader of the Opposition in the National Assembly Shehbaz Sharif has demanded legal action and daily court...

Published 08 Jan, 2022 03:59am

SSP highlights importance of ‘safer’ highways

FAISALABAD: The safer highways are the prime responsibility of Punjab Highway Patrolling Police. In-charge Posts...

Published 08 Jan, 2022 03:59am

Greater Thal Canal: Ecnec links final approval to PC’s recommendations

ISLAMABAD: The Executive Committee of National Economic Council (ECNEC) has linked the final approval of Greater ...

Published 08 Jan, 2022 03:59am

Mega money laundering, Park Lane cases: hearing adjourned till 20th

ISLAMABAD: The Accountability Court on Friday adjourned mega money laundering and Park Lane cases against former...

Published 08 Jan, 2022 03:59am

‘Finance Supplementary Bill’ PPP decides to set up protest camp outside Parliament

ISLAMABAD: Pakistan Peoples Party (PPP) has decided to set up a protest camp outside the Parliament against “the...

Published 08 Jan, 2022 03:59am

Qureshi to visit Romania, Spain: FO

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi will undertake an official visit to Romania and Spain from January...

Published 08 Jan, 2022 03:59am

IHC defers indictment of former judge, journalists

ISLAMABAD: The Islamabad High Court (IHC), Friday, deferred the indictment of former chief judge of Gilgit-Baltistan...

Published 08 Jan, 2022 03:59am

‘The Golden Hour’ Nomad Gallery & Bestway Cement join hands to promote professional artists

ISLAMABAD: Art can open our eyes to the intricacy and beauty of the natural world. It can simply be a painting that...

Published 08 Jan, 2022 03:59am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (January 7,...

Published 08 Jan, 2022 03:59am

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 08 Jan, 2022 03:59am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (January 7, 2022)....

Published 08 Jan, 2022 03:59am

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 08 Jan, 2022 03:59am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (January 7, 2022)....

Published 08 Jan, 2022 03:59am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 7, 2022)....

Published 08 Jan, 2022 03:59am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (January 7, 2022)...

Published 08 Jan, 2022 03:59am

Rates

LME official prices

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

Published 08 Jan, 2022 03:59am

AAJ PROGRAM SCHEDULE

Saturday, January 08, 2022 TIMING PROGRAM TITLE 06:00 TARGET 06:25 HEADLINE NEWS 06:30 TARGET 06:55 HEADLINE NEWS...

Published 08 Jan, 2022 03:59am

Cotton & Textile

Business volume improves on cotton market

LAHORE: The Spot Rate remained unchanged. The local cotton market on Friday remained steady and the trading volume...

Updated 08 Jan, 2022 02:55pm

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (January 7, 2022)....

Published 08 Jan, 2022 03:59am

Commodities

Chile copper exports jump

PARIS: Airbus delivered at least 605 jetliners in 2021 and the final tally could rise as high as 611 depending on ...

Published 08 Jan, 2022 03:59am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 108,784 tonnes of cargo comprising 95,600 tonnes of import cargo and 13,184...

Published 08 Jan, 2022 03:59am

Energy

Kazakhstan reminds world leaders of costly fuel subsidy

LONDON: A deadly uprising in Kazakhstan triggered by a fuel price hike is a powerful reminder of the struggle...

Published 08 Jan, 2022 03:59am

Commodities

Iron ore sees solid first week of 2022 on China demand hopes

MANILA: Iron ore was poised to book solid gains for the week, despite a mixed morning session in Shanghai on Friday,...

Published 08 Jan, 2022 03:59am

Commodities

AgRural sees Brazil soybean crop falling short of record

SAO PAULO: Brazil is no longer expected to harvest a record 2021/22 soybean crop, agribusiness consultancy AgRural...

Published 08 Jan, 2022 03:59am

Energy

Asia Distillates: Gasoil cracks climb to near 2-month high

SINGAPORE: Asian refining profit margins for 10 ppm gasoil surged to their highest level in nearly two months on...

Published 08 Jan, 2022 03:59am

Energy

Asia’s naphtha crack falls for fourth straight day

NEW DELHI: Asia’s naphtha crack fell on Thursday, declining for a fourth consecutive session after Singapore...

Published 08 Jan, 2022 03:59am

Energy

VLSFO market recovers weekly losses to end higher

SINGAPORE: The market for Asia’s 0.5% very low-sulphur fuel oil (VLSFO) gained on Friday amid signs of persistent...

Published 08 Jan, 2022 03:59am

Commodities

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.274...

Published 08 Jan, 2022 03:59am

Commodities

Palm clocks best week since October on output concerns

KUALA LUMPUR: Malaysian palm oil futures firmed on Friday to log their biggest weekly gain in three months, lifted ...

Published 08 Jan, 2022 03:59am

Grains

Paris wheat extends fall to 2-week low

PARIS: Euronext wheat futures fell for a third straight session on Monday to their lowest in over two weeks,...

Published 08 Jan, 2022 03:59am

Energy

Oil price steady, Kazakh turmoil adds to supply concerns

LONDON: Oil prices held steady on Friday, heading for their biggest weekly gains since mid-December as unrest in...

Published 08 Jan, 2022 03:59am

Commodities

Aluminium touches 2-1/2 month high as output cuts loom

LONDON: Aluminium prices on Friday reached their highest since Oct. 21 as the amount of metal available in London...

Published 08 Jan, 2022 03:59am

Power sector entities: CPPA-G, LUMS join hands to achieve capacity-building goal

Energy

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 28	254.63
Diesel/Litre / Apr 28	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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