News Archives for Print - 2022-01-29

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Print - 2022-01-29

FIO’s office secures Urdu translation of insurance documents

LAHORE: The office of Federal Insurance Ombudsman (FIO) has succeeded in securing Urdu translation of insurance...

Published 29 Jan, 2022 06:05am

Punjab police seeks ban on ‘dangerous’ online game

LAHORE: The Punjab police have decided in principle to send recommendations to the federal and provincial ...

Published 29 Jan, 2022 06:05am

PTI reorganising its Lahore office

LAHORE: To capture the prize trophy of Lahore during the local bodies’ elections, the Pakistan Tehreek-e-Insaf...

Published 29 Jan, 2022 06:05am

Naya Pakistan Qomi Sehat Card: Services will be provided at Indus Hospital: minister

LAHORE: Punjab Health Minister Dr Yasmin Rashid in a meeting here on Friday reviewed progress of ongoing development...

Published 29 Jan, 2022 06:05am

Buzdar briefs PM about administrative affairs, development projects

LAHORE: Punjab Chief Minister Sardar Usman Buzdar called on Prime Minister Imran Khan on Friday and apprised him...

Published 29 Jan, 2022 06:05am

Akhuwat Foundation: Haleeb Foods, UMT organise donation drive

KARACHI: Haleeb Foods Limited has joined hands with the University of Management & Technology (UMT) to conduct a...

Published 29 Jan, 2022 06:05am

Healthcare facilities in Sindh: Bilawal taunts KP, Punjab govts

GAMBAT: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari Friday challenged the Khyber Pakhtunkhwa and...

Published 29 Jan, 2022 06:05am

CBD project: PM reviews progress

LAHORE: An amount of Rs24 billion has so far been invested in the first phase of Central Business District (CBD)...

Published 29 Jan, 2022 06:05am

India denies PIA plane permission to land at Jaipur airport

KARACHI: The Indian government has refused a Pakistan International Airlines (PIA) request for landing at Jaipur...

Published 29 Jan, 2022 06:05am

Intl Conference on ‘Recent Advances in Interdisciplinary Natural Sciences’

FAISALABAD: Department of Chemistry of the Government College Women University Faisalabad organises International...

Published 29 Jan, 2022 06:05am

Diplomatic community hopes to see Monal open again

ISLAMABAD: The diplomatic community-based in Islamabad has hoped to see Monal open again, so that they could take...

Published 29 Jan, 2022 06:05am

Ex-VC, registrar acquitted

LAHORE: An accountability court on Friday acquitted former vice chancellor Dr Akram Chaudhry and former registrar ...

Published 29 Jan, 2022 06:05am

Covid-19 Punjab: 2,385 fresh cases, 6 deaths reported

LAHORE: There is no let up in the spread of Covid-19, as overall positivity rate of coronavirus in the province of...

Published 29 Jan, 2022 06:05am

‘Govt aware of threats posed by misuse of cyber space’

ISLAMABAD: Foreign Secretary Sohail Mahmood, Friday, said that Pakistan is fully aware of the threats posed by the...

Published 29 Jan, 2022 06:05am

Europe

Trial opens in spectacular German museum jewel heist

DRESDEN, (Germany): German prosecutors on Friday accused six young members of a notorious criminal family of ...

Published 29 Jan, 2022 06:05am

Middle East

Six rockets target Baghdad airport

BAGHDAD: Six rockets were fired Friday at the Iraqi capital’s airport, causing damage but no casualties, security...

Published 29 Jan, 2022 06:05am

Germany expelled Russian diplomat

BERLIN: Germany last year expelled a spy who was working under diplomatic cover at Russia’s consulate in Munich,...

Updated 29 Jan, 2022 11:50am

South Asia

Delhi lifts weekend curfew

NEW DELHI: India’s capital Delhi lifted a weekend curfew and allowed restaurants and marketplaces to reopen on...

Published 29 Jan, 2022 06:05am

Europe

Hewlett-Packard wins fraud case against UK tech tycoon Mike Lynch

LONDON: A British judge said on Friday that Mike Lynch masterminded an elaborate fraud to inflate the value of his...

Published 29 Jan, 2022 06:05am

Google to invest $1bn in India’s number two mobile operator

MUMBAI: Google will invest up to $1 billion in India’s second-largest mobile operator, Airtel, the companies said...

Published 29 Jan, 2022 06:05am

South Asia

Indian village mourns family who froze to death on US-Canada border

DINGUCHA, (India): Relatives and neighbours of the Indian family who froze to death near the US-Canada border last...

Published 29 Jan, 2022 06:05am

Bridge collapses in Pittsburgh just before Biden speech

WASHINGTON: A bridge collapsed early Friday in Pittsburgh, hours before US President Joe Biden was due in the city ...

Published 29 Jan, 2022 06:05am

China unveils Winter Olympics world leader guest list

BEIJING: China on Friday revealed a list of visiting dignitaries for next week’s Winter Olympics that includes the...

Published 29 Jan, 2022 06:05am

South Asia

Indian journalist Rana Ayyub receives online rape and death threats

NEW DELHI: Indian authorities must immediately conduct a swift and thorough investigation into threats made to...

Published 29 Jan, 2022 06:05am

‘Govt should limit America Movil’s market concentration’

MEXICO CITY: AT&T’s top executive in Mexico has urged the government to place limits on its telecom rival...

Published 29 Jan, 2022 06:05am

The Weather

KARACHI: The weather report on Friday (January 28, 2022) and the forecast for Saturday (January 29, 2022)....

Published 29 Jan, 2022 06:05am

Flawed CPI?

As usual, the recent Transparency International’s report has caused quite a stir in the country as the loss of...

Updated 29 Jan, 2022 07:28am

With Fed set to hike US rates, ‘ultra-cheap money’ era nears end

Consumers, companies and financial markets are bound to see borrowing costs rise as the Federal Reserve gets ready ...

Published 29 Jan, 2022 06:05am

Malaysia’s Sabah aims to win big as world’s first green palm oil state

For Ettol Kumpilon, the switch from growing rice to oil palm on his small family farm in Malaysia’s eastern state...

Published 29 Jan, 2022 06:05am

Rattled by Russia, Finland and Sweden revisit NATO debate

The threat of a Russian invasion of Ukraine has reignited debate in Finland and Sweden over whether they should join...

Published 29 Jan, 2022 06:05am

Vote recount: SC disposes of Soomro’s appeal

ISLAMABAD: The Supreme Court disposed of Federal Minister for Privatization and PTI candidate, MNA Muhammad Mian...

Published 29 Jan, 2022 06:05am

Solar power plant: NPGCL Muzaffargarh seeks permission

ISLAMABAD: Northern Power Generation Company Limited (NPGCL) (Genco-III) Muzaffargarh has sought permission from the...

Published 29 Jan, 2022 06:05am

Poverty eligibility: Data of 34.4m households collected, Senate body told

ISLAMABAD: A meeting of the Standing Committee on Poverty Alleviation and Social Safety was on Friday informed that...

Updated 29 Jan, 2022 12:50pm

ANP leader Shah Khalid, cousin shot dead in Bajaur

BAJAUR: Unidentified assailants shot dead Awami National Party (ANP) leader Shah Khalid and his cousin Samiul Haq in...

Published 29 Jan, 2022 06:05am

President for digital transformation of Parliament

ISLAMABAD: President Dr Arif Alvi has emphasized the need for accelerating the process of the digital transformation...

Published 29 Jan, 2022 06:05am

Aeroponics technology: Virus-free potato seed developed with South Korean help

ISLAMABAD: A virus-free seed of potato has been developed by using aeroponics technology in the country in...

Published 29 Jan, 2022 06:05am

Site for disposal of waste generated by Islamabad: MoU on land finalised, says Umar

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar said that a memorandum of...

Published 29 Jan, 2022 06:05am

Letters

World faces prospect of WWIII?

Vladimir Putin is perhaps as strong as the then Soviet leader Josef Stalin was. Putin seeks to restore and expand ...

Updated 29 Jan, 2022 07:19am

Property with surety: making your investments safe and transparent

If you have ever bought a property in Pakistan, you must be familiar with the cumbersome process of real estate...

Updated 29 Jan, 2022 07:25am

PARTLY FACETIOUS Where’s PM’s khiraaj-e-tehseen?

“Correct me if I am wrong but I didn’t hear The Khan extend khiraaj-e-tehseen (deep appreciation) to Farogh...

Published 29 Jan, 2022 06:05am

Stocks

UK stocks slip

LONDON: British stocks weakened on Friday as investors locked in gains in bank shares, while the prospect of more...

Published 29 Jan, 2022 06:05am

Stocks

S&P 500 flirts with correction for fifth time on rate hike worries

NEW YORK: The S&P 500 index was closing in on a correction on Friday for the fifth time this week on worries...

Published 29 Jan, 2022 06:05am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 29 Jan, 2022 06:05am

Stocks

Last date of renunciation/payment

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

Published 29 Jan, 2022 06:05am

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 29 Jan, 2022 06:05am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (January 28, 2022). ======================== OFFER PRICE...

Published 29 Jan, 2022 06:05am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (January 28, 2022). ======================== OFFER PRICE...

Published 29 Jan, 2022 06:05am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (January 28, 2022). ======================== OFFER PRICE...

Published 29 Jan, 2022 06:05am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (January 28, 2022). ======================== OFFER PRICE 1,455.3434...

Published 29 Jan, 2022 06:05am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (January 28, 2022). ======================== OFFER PRICE...

Published 29 Jan, 2022 06:05am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (January 28, 2022). ======================== OFFER PRICE...

Published 29 Jan, 2022 06:05am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (January 28, 2022). ======================== OFFER PRICE...

Published 29 Jan, 2022 06:05am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (January 28, 2022). ======================== OFFER PRICE...

Published 29 Jan, 2022 06:05am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (January 28, 2022). ======================== OFFER PRICE...

Published 29 Jan, 2022 06:05am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Friday (January 28, 2022). ======================== Offer Price...

Published 29 Jan, 2022 06:05am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Friday (January 28, 2022). ======================== Offer Price...

Published 29 Jan, 2022 06:05am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (January 28, 2022). ======================== Offer ...

Published 29 Jan, 2022 06:05am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (January 28, 2022). ======================== Offer Price...

Published 29 Jan, 2022 06:05am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (January 28, 2022). ======================== Offer Price...

Published 29 Jan, 2022 06:05am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (January 28, 2022). ======================== Offer Price 1,209.0228 Bid...

Published 29 Jan, 2022 06:05am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (January 28, 2022). ========================...

Published 29 Jan, 2022 06:05am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (January 28, 2022). ========================...

Published 29 Jan, 2022 06:05am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (January 28, 2022). ========================== KIBOR...

Published 29 Jan, 2022 06:05am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (January 28, 2022)....

Published 29 Jan, 2022 06:05am

Rates

Stock market ends flat

KARACHI: After negative opening Friday, Pakistan Stock Exchange turned bullish due to healthy buying in various...

Published 29 Jan, 2022 06:05am

Energy

Solar power equipment: Work on projects comes to a halt due to withdrawal of ST exemption

LAHORE: “Work on thousands of industrial, agricultural and residential solar power projects has been halted across...

Published 29 Jan, 2022 06:05am

Energy

Gross Calorific Value tolerance: PD proposes alteration in power plants’ gas turbines

ISLAMABAD: The privatisation process of two RLNG-fired power plants appears to have hit snags as Petroleum Division...

Published 29 Jan, 2022 06:05am

Energy

Judge cancels major US oil and gas exploration sale

WASHINGTON: A judge on Thursday cancelled the sale of oil and gas exploration leases of some 80 million acres in the...

Published 29 Jan, 2022 06:05am

Commodities

Copper heads for biggest weekly fall since Oct

LONDON: Copper prices headed towards their biggest weekly decline since October on Friday as the prospect of central...

Published 29 Jan, 2022 06:05am

Energy

Oil hits over 7-year high on political risks, supply crunch

BENGALURU: Oil prices extended gains to their highest levels in over seven years on Friday as ongoing global...

Published 29 Jan, 2022 06:05am

Commodities

Gold eyes worst week since Nov

NEW YORK: Gold extended declines on Friday and was set for its worst week since late November as growing ...

Published 29 Jan, 2022 06:05am

Commodities

Palm hits new record

JAKARTA: Malaysian palm oil futures hit a new all time high and a sixth weekly gain on Friday as top producer...

Published 29 Jan, 2022 06:05am

Commodities

ICE canola futures rise, lagging rapeseed gains

WINNIPEG, (Manitoba): ICE canola futures rose on Thursday, but their gains lagged those of European rapeseed, as the...

Published 29 Jan, 2022 06:05am

Commodities

US focused on existing metals talks, Tai tells South Korean trade chief

WASHINGTON: US Trade Representative Katherine Tai told South Korea’s trade minister on Thursday the United States...

Published 29 Jan, 2022 06:05am

Energy

US natgas soars on contract expiration on scant volume

NEW YORK: US natural gas futures soared over 60% in the last half hour of trading on Thursday, in a late flurry of...

Published 29 Jan, 2022 06:05am

Energy

Asia’s naphtha margin posts weekly gain

NEW DELHI: Asia’s naphtha crack rose on Friday and posted a weekly gain of over 4%, after a rise in crude oil...

Published 29 Jan, 2022 06:05am

Commodities

Dalian iron ore set for best week in six on China demand optimism

MANILA: Dalian iron ore jumped more than 4% on Friday and was on course to post its biggest weekly gain since...

Published 29 Jan, 2022 06:05am

Energy

VLSFO edges higher on stubborn supply strain

SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) market edged higher on Friday, recouping losses from...

Published 29 Jan, 2022 06:05am

Commodities

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 23.892...

Published 29 Jan, 2022 06:05am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 165,613 tonnes of cargo comprising 121,836 tonnes of import cargo and 43,777...

Published 29 Jan, 2022 06:05am

Energy

Asia distillates

NEW DELHI: Asia’s cash premiums for jet fuel gained for a fourth day runing on Friday despite a rise in European...

Published 29 Jan, 2022 06:05am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (January 28, 2022)....

Published 29 Jan, 2022 06:05am

Cotton & Textile

Volume of business improves on cotton market

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

Published 29 Jan, 2022 06:05am

Rates

LME official prices

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

Published 29 Jan, 2022 06:05am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (January 28, 2022)...

Published 29 Jan, 2022 06:05am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 28, 2022)....

Published 29 Jan, 2022 06:05am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (January 28, 2022). ======================== Open Bid ...

Published 29 Jan, 2022 06:05am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (January 28, 2022)....

Published 29 Jan, 2022 06:05am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (January 28, 2022)....

Published 29 Jan, 2022 06:05am

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 29 Jan, 2022 06:05am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (January 28, 2022)....

Published 29 Jan, 2022 06:05am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (January 28, 2022). ==================================== BR...

Published 29 Jan, 2022 06:05am

Rates

BOARD MEETINGS

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

Published 29 Jan, 2022 06:05am

Rates

Proposed right issues

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

Published 29 Jan, 2022 06:05am

Rates

Clearing Schedule for T+2 System

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

Published 29 Jan, 2022 06:05am

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 29 Jan, 2022 06:05am

Forex

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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