News Archives for Print - 2022-08-24

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Print - 2022-08-24

South Asia

BJP lawmaker arrested for blasphemous comments

NEW DELHI: Indian police arrested a ruling party lawmaker on Tuesday for making derogatory comments against the Holy...

Published 24 Aug, 2022 05:08am

Malaysian ex-PM Najib goes to jail for graft after losing final appeal

KUALA LUMPUR: Malaysia’s top court ordered former prime minister Najib Razak to begin a 12-year prison sentence on...

Published 24 Aug, 2022 05:08am

Fiscal performance in 2021-22

The results of fiscal operations for 2021-22 have been released. It is a spectacle of one of the worst fiscal...

Published 24 Aug, 2022 05:08am

‘Diamer-Bhasha,and Mohmand Dams Fund’: Ex-CJP Saqib Nisar ‘summoned’ by PAC

ISLAMABAD: The Public Accounts Committee (PAC) of the parliament – a top parliamentary watchdog – on Tuesday...

Published 24 Aug, 2022 05:08am

Sindh schools, colleges to remain shut today, tomorrow

KARACHI: The Sindh government has announced closure of schools and colleges for two days on August 24 and 25 in view...

Published 24 Aug, 2022 05:08am

SC grants bail to blasphemy accused

ISLAMABAD: The Supreme Court on Tuesday granted bail to an accused in a blasphemy case, subject to submitting surety...

Published 24 Aug, 2022 05:08am

Roche Diagnostics, Telenor join hands to raise health awareness

LAHORE: Roche Diagnostics Pakistan and Telenor Pakistan have joined hands to raise health awareness across the rural...

Published 24 Aug, 2022 05:08am

Punjab police launch two innovative services

LAHORE: In a major step towards reforms, the Punjab police on Tuesday launched two innovative services titled...

Published 24 Aug, 2022 05:08am

Meeting of party’s parliamentary committee: PTI leaders vow to resist Imran’s arrest

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Tuesday vowed to “fight to the very end to free...

Published 24 Aug, 2022 05:08am

PTA renews CMPak licence for AJK, G-B

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has renewed the cellular mobile licence of CMPak (Zong) ...

Published 24 Aug, 2022 05:08am

Forensic examination of Gill’s mobile, satellite phones likely

ISLAMABAD: The capital police have decided to send the mobile and satellite phones recovered from the room of...

Published 24 Aug, 2022 05:08am

Police granted two-day physical remand of Farooqui

ISLAMABAD: A local court on Tuesday granted capital police a two-day physical remand of YouTuber and anchorperson...

Published 24 Aug, 2022 05:08am

Parliamentary body threatens to issue summons to minister, secretary

ISLAMABAD: A parliamentary committee expressed displeasure over the continued absence of the minister of state and...

Published 24 Aug, 2022 05:08am

Minister inaugurates SSWMB in Hyderabad

HYDERABAD: Sindh Minister for Information, Transport and Mass Transit and focal person for rain emergency in...

Published 24 Aug, 2022 05:08am

Men’s pre-season cricket camp for 2022-23 starts

LAHORE: The pre-season camp for the 2022-23 domestic men’s season commenced at the respective cricket centres of...

Published 24 Aug, 2022 05:08am

Leghari moves LHC for record of cases against him

LAHORE: A PML-N member of the Punjab Assembly, Awais Leghari, on Tuesday moved the Lahore High Court against the...

Published 24 Aug, 2022 05:08am

KATI announces Rs5m donation for Balochistan flood victims

KARACHI: The Korangi Association of Trade and Industry’s (KATI) patron-in-chief S M Muneer and president Salman...

Published 24 Aug, 2022 05:08am

PM’s flood relief fund: IT and FED exemption granted to donations

ISLAMABAD: The Federal Board of Revenue (FBR) has granted income tax and federal excise duty exemption on any...

Published 24 Aug, 2022 05:08am

Prohibited funding case: ECP gives PTI two weeks to file reply

ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday sought a reply from the Pakistan Tehreek-e-Insaf...

Published 24 Aug, 2022 05:08am

Daewoo Express terminal sealed over dilapidated buses

PESHAWAR: The district administration of Peshawar on Tuesday sealed the Daewoo Express terminal over dilapidated...

Published 24 Aug, 2022 05:08am

ISSI launches ‘Voices on Kashmir’ report: All govts have passionately advocated cause of Kashmir: FO

ISLAMABAD: There is a political and national consensus in Pakistan on the issue of Jammu and Kashmir and all past ...

Published 24 Aug, 2022 05:08am

Deregulating the oil sector — II

The two biggest risks are demand-supply manipulation, creating shortages and manipulate prices. Shortages can be...

Published 24 Aug, 2022 05:08am

Determining an individual’s residency status: some taxation anomalies

The Finance Act, 2022 has virtually decided that a Pakistani citizen can be taxed in Pakistan even if he never comes...

Published 24 Aug, 2022 05:08am

As Ukraine war drags on, Europe’s economy succumbs to crisis

It was meant to be Europe’s stellar year. A post-pandemic spending euphoria, supported by copious government...

Published 24 Aug, 2022 05:08am

More rains likely this week

KARACHI: Another strong monsoonal weather system is expected to unleash more rains in the country through Aug 26, ...

Published 24 Aug, 2022 05:08am

Navy’s rescue and relief operation continues in Sindh

KARACHI: The Pakistan Navy’s Humanitarian Assistance & Disaster Relief (HADR) operations continue in far-flung...

Published 24 Aug, 2022 05:08am

APNS urges govts to expedite payments to print media firms

KARACHI: The Executive Committee of the All Pakistan Newspapers Society (APNS) held its meeting on August 23, 2022 ...

Published 24 Aug, 2022 05:08am

PARTLY FACETIOUS: Legislation on defamation laws

“I hate the word disqualification.” “I guess that’s one thing the Nawalas, the elder Sharif supporters, and...

Published 24 Aug, 2022 05:08am

5,384 illegal connections removed this month: KE

KARACHI: The K-Electric on Tuesday claimed to have conducted as many as 762 anti-power theft drives across the city...

Published 24 Aug, 2022 05:08am

Pakistani investors invited to initiate JVs with UAE businesses

LAHORE: Ambassador of United Arab Emirates (UAE) Hamad Obaid Ibrahim Saleem Al Zaabi has asked the Pakistani...

Published 24 Aug, 2022 05:08am

Stocks

Nasdaq ticks up on hopes of less aggressive rate hikes after weak PMI data

NEW YORK: The tech-heavy Nasdaq edged higher in choppy trading on Tuesday supported by megacap growth stocks on...

Published 24 Aug, 2022 05:08am

NTDC approves increase in salaries

LAHORE: The Board of Directors (BoD) of National Transmission & Distribution Company (NTDC) has approved ...

Published 24 Aug, 2022 05:08am

The Weather

KARACHI: The weather report on Tuesday (August 23, 2022) and the forecast for Wednesday (August 24, 2022)...

Published 24 Aug, 2022 05:08am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 24 Aug, 2022 05:08am

Stocks

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

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

Published 24 Aug, 2022 05:08am

Stocks

Last date of renunciation/payment

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

Published 24 Aug, 2022 05:08am

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 24 Aug, 2022 05:08am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Tuesday (August 23, 2022). ======================== Offer Price 1,231.8605 Bid...

Published 24 Aug, 2022 05:08am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (August 23, 2022). ========================...

Published 24 Aug, 2022 05:08am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (August 23, 2022). ========================...

Published 24 Aug, 2022 05:08am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (August 23, 2022). ========================== KIBOR...

Published 24 Aug, 2022 05:08am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (August 23, 2022)....

Published 24 Aug, 2022 05:08am

Rates

Stocks end on healthy note

KARACHI: Pakistan Stock Exchange Tuesday witnessed a bullish trend and closed on strong positive note with healthy...

Published 24 Aug, 2022 05:08am

Energy

MPCL stops supply of gas to CPGCL

ISLAMABAD: M/s Mari Petroleum Company Limited (MPCL) has disconnected gas supply to Central Power Generation Company...

Published 24 Aug, 2022 05:08am

Energy

Govt urged to rationalise power tariff, support exports

KARACHI: Chairman of Businessmen Group (BMG) Zubair Motiwala and President of Karachi Chamber of Commerce &...

Published 24 Aug, 2022 05:08am

Commodities

Essential commodities: NPMC takes stock of prices

ISLAMABAD: The National Price Monitoring Committee (NPMC) on Tuesday reviewed the prices of essential commodities ...

Published 24 Aug, 2022 05:08am

NAPA pays homage to Nayyara Noor

KARACHI: “Nayyara Noor has left a vacuum in Pakistan’s music world and the nation has only realized this after...

Published 24 Aug, 2022 05:08am

Commodities

Gold gains on dollar pullback after weak US data

NEW YORK: Gold rose on Tuesday, snapping six straight sessions of losses, helped by a pullback in the dollar and...

Published 24 Aug, 2022 05:08am

Energy

Oil jumps $3/bbl on possible OPEC+ tightening as Iran deal looms

NEW YORK: Oil prices jumped about $3 a barrel on Tuesday after Saudi Arabia floated the idea of OPEC+ output cuts to...

Published 24 Aug, 2022 05:08am

Commodities

Tokyo rubber lower

SINGAPORE: Japanese rubber futures inched lower on Tuesday, as weak domestic economic data weighed on sentiment,...

Published 24 Aug, 2022 05:08am

Energy

US natgas futures hit $10/mmbtu for first time since 2008

NEW YORK: US natural gas futures breached $10 per million British thermal units (mmBtu) for the first time in about...

Published 24 Aug, 2022 05:08am

Energy

0.5pc VLSFO premium hovers at 6-month lows

SINGAPORE: Asia’s cash premium for 0.5% very low sulphur fuel oil (VLSFO) dipped towards six-month lows on Tuesday...

Published 24 Aug, 2022 05:08am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 101,750 tonnes of cargo comprising 64,679 tonnes of import cargo and 37,071...

Published 24 Aug, 2022 05:08am

Commodities

PMEX daily trading report

KARACHI: On Monday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.060 ...

Published 24 Aug, 2022 05:08am

Commodities

China’s ferrous metals climb

MANILA: China’s iron ore and steel prices rose on Tuesday, as the government’s latest rate cut boosted sentiment...

Published 24 Aug, 2022 05:08am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (August 23, 2022)....

Published 24 Aug, 2022 05:08am

Cotton & Textile

Spot rate picks up Rs 1000 per maund

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

Published 24 Aug, 2022 05:08am

James Webb captures stunning images of Jupiter

WASHINGTON: NASA’s James Webb Space Telescope has captured stunning images of the planet Jupiter showing two tiny...

Published 24 Aug, 2022 05:08am

Rates

LME official prices

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

Published 24 Aug, 2022 05:08am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 23, 2022)....

Published 24 Aug, 2022 05:08am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (August 23, 2022). ======================== Open Bid ...

Published 24 Aug, 2022 05:08am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (August 23, 2022)....

Published 24 Aug, 2022 05:08am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Tuesday (August 23, 2022)....

Published 24 Aug, 2022 05:08am

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 24 Aug, 2022 05:08am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (August 23, 2022)....

Published 24 Aug, 2022 05:08am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (August 23, 2022). ==================================== BR...

Published 24 Aug, 2022 05:08am

Rates

BOARD MEETINGS

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

Published 24 Aug, 2022 05:08am

Rates

Dividend/Bonus Announcements

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

Published 24 Aug, 2022 05:08am

Rates

Proposed right issues

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

Published 24 Aug, 2022 05:08am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE...

Published 24 Aug, 2022 05:08am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE...

Published 24 Aug, 2022 05:08am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE...

Published 24 Aug, 2022 05:08am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE...

Published 24 Aug, 2022 05:08am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE 1,449.4792...

Published 24 Aug, 2022 05:08am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE...

Published 24 Aug, 2022 05:08am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE...

Published 24 Aug, 2022 05:08am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE...

Published 24 Aug, 2022 05:08am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE...

Published 24 Aug, 2022 05:08am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (August 23, 2022). ======================== OFFER PRICE...

Published 24 Aug, 2022 05:08am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Tuesday (August 23, 2022). ======================== Offer Price...

Published 24 Aug, 2022 05:08am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Tuesday (August 23, 2022). ======================== Offer Price...

Published 24 Aug, 2022 05:08am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (August 23, 2022). ======================== Offer ...

Published 24 Aug, 2022 05:08am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Tuesday (August 23, 2022). ======================== Offer Price...

Published 24 Aug, 2022 05:08am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (August 23, 2022). ======================== Offer Price...

Published 24 Aug, 2022 05:08am

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 24 Aug, 2022 05:08am

Forex

Open market rates of foreign currencies

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

Published 24 Aug, 2022 05:08am

PM in Qatar to generate trade, fetch investment

Visit comes ahead of IMF board’s meeting

Updated 24 Aug, 2022 10:12am

Over 600 luxury items: Time-bound RDs and ACDs imposed/raised

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Petrol/Litre / Jan 21	256.13
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Diesel/Litre / Jan 21	260.95

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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