News Archives for Print - 2022-07-02

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Print - 2022-07-02

The Weather

KARACHI: The weather report on Friday (July 01, 2022) and the forecast for Saturday (July 02, 2022)...

Published 02 Jul, 2022 04:10am

Europe

UK lawmaker suspended over sexual misconduct allegations

LONDON: British Prime Minister Boris Johnson’s Conservative Party has suspended a lawmaker who has become the...

Published 02 Jul, 2022 04:10am

Australia PM hails ‘new start’ in ties with France

PARIS: Australian Prime Minister Anthony Albanese welcomed a “new start” in relations with France as he met...

Published 02 Jul, 2022 04:10am

‘Stop interfering in Afghanistan’, says Taliban leader in rare appearance

KABUL: The Taliban’s reclusive supreme leader Hibatullah Akhundzada called Friday for the world to stop telling...

Published 02 Jul, 2022 04:10am

Iran executions more than double in first half of 2022: NGO

PARIS: Executions in Iran have more than doubled in the first half of 2022, an NGO said Friday, warning that the...

Published 02 Jul, 2022 04:10am

South Asia

Death toll from northeast India landslide rises to 20

GUWAHATI: Rescuers in India’s northeast have recovered 20 bodies from the site of a landslide that buried a ...

Published 02 Jul, 2022 04:10am

Europe

French court jails serial rapist for 20 years

DOUAI, (France): A French court on Friday jailed a man for 20 years over dozens of rapes and sexual assaults he...

Published 02 Jul, 2022 04:10am

Europe

First same-sex couples get married in Switzerland

GENEVA: The first same-sex couples tied the knot in Switzerland on Friday following a referendum that changed the...

Published 02 Jul, 2022 04:10am

Europe

Europe ready for Baltics emergency switch-off from Russian grid

VILNIUS/WARSAW: European grid operators are ready to implement immediately a long-term plan to bring the Baltic...

Published 02 Jul, 2022 04:10am

Strikes kill 21 in Ukraine’s Odessa

SERGIYVKA, (Ukraine): Missile strikes slammed into a residential building and a recreation centre early Friday,...

Published 02 Jul, 2022 04:10am

KE issues new load shedding schedule amidst massive protests

KARACHI: As protests are being held at parts of the megacity and outside K-Electric offices, KE on Friday announced...

Updated 02 Jul, 2022 12:56pm

Youth Conference: Speakers for complete reorientation of policy towards youth

KARACHI: Speakers at seminar on Friday urged that the present education system in the country is flawed and there is...

Published 02 Jul, 2022 04:10am

Sindh LG polls: MQM-P pens letter to ECP for postponing 2nd phase

KARACHI: Muttahida Qaumi Movement-Pakistan (MQM-P) on Friday has written a letter to the Election Commission of...

Published 02 Jul, 2022 04:10am

District South & Lyari: KW&SB vice chief for solving water, drainage problems

KARACHI: Vice Chairman Karachi Water and Sewerage Board (KW&SB) Syed Najmi Alam on Friday said that water supply...

Published 02 Jul, 2022 04:10am

Surge in Covid cases: Murad urges following SOPs before it is too late

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that the COVID cases during the last week of June have...

Published 02 Jul, 2022 04:10am

Strengthening trade and industry: PIAF urges govt to take effective measures

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) Chairman Faheem Ur Rehman Saigol has observed...

Published 02 Jul, 2022 04:10am

Pakistan Junior League gets PTV Sports’ boost

LAHORE: The Pakistan Junior League got a positive shot in the arm when the state-owned PTV Sports threw its weight...

Published 02 Jul, 2022 04:10am

Officer’s refusal for issuing invalid refund leads to his transfer

LAHORE: A refusal of issuing invalid refund by an additional commissioner of Corporate Regional Tax Office (CRTO) to...

Published 02 Jul, 2022 04:10am

Govt may launch inquiry against PA Speaker Pervaiz Elahi

LAHORE: The Punjab government is contemplating to launch an inquiry against Punjab Assembly Speaker Pervaiz Elahi ...

Published 02 Jul, 2022 04:10am

Danish envoy visits site of wastewater treatment plant

FAISALABAD: The Ambassador of Denmark to Pakistan, Lis Rosenholm, described the mega project of Eastern Waste Water...

Published 02 Jul, 2022 04:10am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (July 01,...

Published 02 Jul, 2022 04:10am

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 02 Jul, 2022 04:10am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (July 01, 2022)....

Published 02 Jul, 2022 04:10am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (July 01, 2022). ======================== OFFER PRICE 2,113.3455...

Published 02 Jul, 2022 04:10am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (July 01, 2022). ======================== OFFER PRICE 384.7227...

Published 02 Jul, 2022 04:10am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (July 01, 2022). ======================== OFFER PRICE 466.6990...

Published 02 Jul, 2022 04:10am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (July 01, 2022). ======================== OFFER PRICE 1,556.5358...

Published 02 Jul, 2022 04:10am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (July 01, 2022). ======================== OFFER PRICE...

Published 02 Jul, 2022 04:10am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (July 01, 2022). ======================== OFFER PRICE 1,409.7356 BID...

Published 02 Jul, 2022 04:10am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Friday (July 01, 2022). ======================== OFFER PRICE 994.7084...

Published 02 Jul, 2022 04:10am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (July 01, 2022). ======================== OFFER PRICE 1,367.2517...

Published 02 Jul, 2022 04:10am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (July 01, 2022). ======================== OFFER PRICE...

Published 02 Jul, 2022 04:10am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (July 01, 2022). ======================== OFFER PRICE...

Published 02 Jul, 2022 04:10am

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 02 Jul, 2022 04:10am

Rates

Clearing Schedule for T+2 System

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

Published 02 Jul, 2022 04:10am

Rates

Proposed right issues

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

Published 02 Jul, 2022 04:10am

Stocks

Last date of renunciation/payment

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

Published 02 Jul, 2022 04:10am

Rates

BOARD MEETINGS

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

Published 02 Jul, 2022 04:10am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (July 01, 2022). ==================================== BR...

Published 02 Jul, 2022 04:10am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 02 Jul, 2022 04:10am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (July 01, 2022)....

Published 02 Jul, 2022 04:10am

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 02 Jul, 2022 04:10am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (July 01, 2022)....

Published 02 Jul, 2022 04:10am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 01, 2022)....

Published 02 Jul, 2022 04:10am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Friday (July 01, 2022). ======================================= Offset ...

Published 02 Jul, 2022 04:10am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (July 01, 2022)...

Published 02 Jul, 2022 04:10am

Rates

LME official prices

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

Published 02 Jul, 2022 04:10am

Rates

Activities of Karachi Port

KARACHI: The Karachi Port Trust handled 101,305 tonnes of cargo comprising 75,015 tonnes of import cargo and 26,290...

Published 02 Jul, 2022 04:10am

Energy

Asia gasoline

NEW DELHI: Asia’s refining margin for gasoline rose on Friday after India introduced export duties on gasoil,...

Published 02 Jul, 2022 04:10am

Energy

Market kicks off July on steady to softer note

SINGAPORE: The very low sulphur fuel oil (VLSFO) market eased slightly on Friday, as tight supply of blending...

Published 02 Jul, 2022 04:10am

Letters

India’s SC deserves praise

It is heartening to note that India’s Supreme Court has slammed BJP spokeswoman and asked her to aplogise for...

Published 02 Jul, 2022 04:10am

How good is our foreign policy?

Pakistan appears to be losing out on its global outreach. The country’s national foreign policy is somehow not...

Published 02 Jul, 2022 04:10am

Stimulate vitality of railways to build China’s strength in transportation

(—Third part of the “China in the past decade” series) Since the 18th National Congress of the Communist Party...

Published 02 Jul, 2022 04:10am

Crypto lending world sways under risk and turmoil

Starting with the lofty goal of competing with traditional banks, cryptocurrency lending giants and their clients ...

Published 02 Jul, 2022 04:10am

India bans many single-use plastics to tackle waste

India imposed a ban on many single-use plastics on Friday in a bid to tackle waste choking rivers and poisoning...

Published 02 Jul, 2022 04:10am

PARTLY FACETIOUS: Forex reserves get the much-needed boost

“OK so foreign exchange reserves are up again…” “The begging bowl reserves.” “Well that is no ...

Published 02 Jul, 2022 04:10am

Punjab govt notifies 10pc increase in pensions

LAHORE: The Punjab government has notified a 10 percent increase in pensions of provincial government employees with...

Published 02 Jul, 2022 04:10am

Experts emphasise need for girls education

LAHORE: Education experts at an advocacy forum while projecting the vitality of education towards an educated ...

Published 02 Jul, 2022 04:10am

Coronavirus positivity ratio on the rise: NIH

ISLAMABAD: Pakistan is witnessing an increase in coronavirus positivity ratio with each passing day, as on Friday ...

Published 02 Jul, 2022 04:10am

PM launches ‘Innovation Hub’ programme

ISLAMABAD: Prime Minister Shehbaz Sharif, Friday, formally launched the “Innovation Hub” programme and stated...

Published 02 Jul, 2022 04:10am

PM, COAS discuss security situation

ISLAMABAD: Chief of Army Staff General Qamar Javed Bajwa on Friday called on Prime Minister Shehbaz Sharif and held ...

Published 02 Jul, 2022 04:10am

Bilawal opens mango festival to mark ‘Pakistan at 75’ celebrations

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari kicked off the 75th anniversary celebrations of Pakistan’s...

Published 02 Jul, 2022 04:10am

Pakistan, India exchange lists of civilian prisoners, fishermen

ISLAMABAD: Pakistan and India on Friday exchanged the lists of civilian prisoners and fishermen detained in each...

Published 02 Jul, 2022 04:10am

ICT Admin informs PTI ‘Concerned quarters granted permission to use Parade Ground today’

‘Concerned quarters granted permission to use Parade Ground today’ RECORDER REPORT ISLAMABAD: The Islamabad...

Published 02 Jul, 2022 04:10am

Punjab CM re-election to be held on 22nd: SC

ISLAMABAD: The election for the Punjab chief minister would be held on July 22, 2022, till that time Pakistan Muslim...

Published 02 Jul, 2022 04:10am

Hamza links his participation in run-off to presence of ‘required’ number of MPAs

LAHORE: Announcing that he had accepted the Supreme Court’s decision with an open heart, Punjab Chief Minister...

Published 02 Jul, 2022 04:10am

Finance Act, 2022: Comments

General: This note contains the comments on the Finance Act, 2022 as passed by the National Assembly. These are...

Updated 02 Jul, 2022 12:33pm

Rates

Stock market lacks luster

KARACHI: Pakistan Stock Exchange Friday witnessed lackluster activity due to investors’ lack of interest in the...

Published 02 Jul, 2022 04:10am

Cotton & Textile

Spot rate loses more Rs 500 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Friday decreased the spot rate by Rs 500...

Published 02 Jul, 2022 04:10am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (July 01, 2022)....

Published 02 Jul, 2022 04:10am

Commodities

KFA tenders for corn

HAMBURG: The Korea Feed Association (KFA) has issued an international tender to purchase up to 69,000 tonnes of...

Published 02 Jul, 2022 04:10am

Commodities

US farmers look for premium for 2021 corn

CHICAGO: US grain dealers will have to boost prices to pry farmers’ corn and soybeans from their storage bins as...

Published 02 Jul, 2022 04:10am

Commodities

Iron ore tumbles

MANILA: Dalian and Singapore iron ore futures tumbled on Friday, with growing fears of a deeper global economic...

Published 02 Jul, 2022 04:10am

Commodities

India’s rice planting lags last year after low rainfall

NEW DELHI/MUMBAI: India’s rice farmers have planted 4.3 million hectares with the grain so far this season, farm...

Published 02 Jul, 2022 04:10am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 19.630...

Published 02 Jul, 2022 04:10am

Energy

US natgas futures decline

NEW YORK: US natural gas futures fell about 3% on Thursday on expectations last week's storage build will be near...

Published 02 Jul, 2022 04:10am

Money & Banking

Dollar boosted by safety bid on rising recession fears

NEW YORK: Pessimism about the outlook for the global economy boosted demand for the safe haven US dollar on Friday...

Published 02 Jul, 2022 04:10am

Money & Banking

Sterling slumps 1.5pc vs dollar on safe-haven demand

LONDON: Sterling slumped on Friday against the dollar and was set for its worst week against the greenback in a year...

Published 02 Jul, 2022 04:10am

Money & Banking

Australia, NZ dollars lean on support

SYDNEY: The Australian and New Zealand dollars got a brief respite from selling on Friday as their US counterpart ...

Published 02 Jul, 2022 04:10am

Commodities

Copper stumbles to 17-month low as inflation data fans slowdown fears

LONDON: Copper prices slumped on Friday to their weakest in 17 months as inflation data reinforced fears that ...

Published 02 Jul, 2022 04:10am

Commodities

Gold heads for weekly dip as hawkish cenbanks dull appeal

LONDON: Gold fell on Friday en route to a third straight weekly dip as a firm dollar and looming rate hikes soured...

Published 02 Jul, 2022 04:10am

Energy

Oil up about $2/bbl as supply outages outweigh recession fears

NEW YORK: Oil prices rose about $2 a barrel on Friday, recouping most of the previous session’s declines, as ...

Published 02 Jul, 2022 04:10am

Commodities

Palm oil falls 4pc on recession fears, higher supply outlook

KUALA LUMPUR: Malaysian palm oil futures fell 4% on Friday as recession fears sank edible oils, with a higher supply...

Published 02 Jul, 2022 04:10am

Provinces’ role in NAP

EDITORIAL: The crux of a report compiled by the Pakistan Institute for Conflict and Security Studies (PICSS) that ...

Published 02 Jul, 2022 04:10am

Waste management policy

EDITORIAL: Full marks to Minister for Climate Change Senator Sherry Rehman for hitting the ground running, when most...

Published 02 Jul, 2022 04:10am

Commodities

TCP receives eight bids for wheat import

KARACHI: The Trading Corporation of Pakistan (TCP) has received eight bids for the import of some 0.5 million tons ...

Published 02 Jul, 2022 04:10am

Money & Banking

Riba-free banking: KCCI thanks PM for taking interest

KARACHI Chairman Businessmen Group in the KCCI, Zubair Motiwala, and KCCI President, Muhammad Idrees have extended...

Published 02 Jul, 2022 04:10am

Taxes

Capital assets: Tax on deemed income applicable to TY22, onwards

ISLAMABAD: The Finance Act 2022 has clarified that the tax on deemed income would be applicable for Tax Year 2022...

Updated 02 Jul, 2022 12:12pm

Ogra increases LPG price by Rs2/kg for July

Energy

Apprises delegation about the economic challenges and the reforms in policies that had been undertaken by the present government to tackle them

Updated 02 Jul, 2022 09:56am

Govt looking for best options to cut loadshedding, says PM

ISLAMABAD: Prime Minister Shehbaz Sharif has accused the previous government of being responsible for the...

Updated 02 Jul, 2022 09:38am

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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