News Archives for Print - 2022-09-06

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Print - 2022-09-06

Arshdeep trolled for dropping catch

NEW DELHI: A torrent of online abuse hit Indian cricketer Arshdeep Singh on Monday after he dropped a catch against...

Published 06 Sep, 2022 04:08am

Bangladesh will not face a situation like Sri Lanka: Hasina

NEW DELHI: Bangladesh Prime Minister Sheikh Hasina has said her country will not face a situation like the economic...

Published 06 Sep, 2022 04:08am

China

China approves world’s first inhalable Covid-19 vaccine

BEIJING: Chinese drug regulators have approved the world’s first inhalable Covid-19 vaccine, made by Tianjin-based...

Published 06 Sep, 2022 04:08am

Europe

EU signs deal with Ukraine for further 500m euros in aid

BRUSSELS: The European Union signed a deal with war-torn Ukraine on Monday to release a further 500 million euros...

Published 06 Sep, 2022 04:08am

Russian ex-journalist gets 22 years in prison for treason

MOSCOW: A Russian court on Monday sentenced ex-journalist Ivan Safronov to 22 years in a penal colony after finding...

Published 06 Sep, 2022 04:08am

Stocks

Gulf mostly muted as Emaar Properties weighs on Dubai

DUBAI: Middle East stock markets ended in red on Monday trade with Dubai leading the losses, dragged down by Emaar...

Published 06 Sep, 2022 04:08am

Abad, HCCI to jointly reconstruct collapsed houses: minister

HYDERABAD: Sindh Minister for Information and Focal Person for Rain Emergency Sharjeel Inam Memon has said that Abad...

Published 06 Sep, 2022 04:08am

Flood relief: PepsiCo Pakistan announces massive food assistance plan

ISLAMABAD: PepsiCo Pakistan on Monday announced a nationwide ‘Millions of Meals’ programme to deliver emergency...

Published 06 Sep, 2022 04:08am

IK tries to make merit system of army controversial: Ahsan

ISLAMABAD: Minister for Planning and Development Ahsan Iqbal on Monday said that former prime minister Imran Khan...

Published 06 Sep, 2022 04:08am

Pakistan lodges protest with India over extrajudicial killing

ISLAMABAD: Pakistan on Monday lodged a strong protest with India over the extrajudicial killing of Tabarak Hussain, ...

Published 06 Sep, 2022 04:08am

Meeting flood challenge: PM underscores criticality of global support

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday while expressing satisfaction at the upward trajectory ...

Published 06 Sep, 2022 04:08am

Senate panel briefed on NIE’s mega projects

ISLAMABAD: The Senate Standing Committee on Science and Technology on Monday was briefed on the mega projects...

Published 06 Sep, 2022 04:08am

BoG meeting of Bahria University held: Special focus should be given to developing skills among students: CNS

ISLAMABAD: Chief of the Naval Staff (CNS) Admiral Muhammad Amjad Khan Niazi has said that special focus should be...

Published 06 Sep, 2022 04:08am

Sindh CM secures $92m WB assistance for flood victims

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, in his meeting with the World Bank (WB) Country Director Najy...

Published 06 Sep, 2022 04:08am

PTI leaders’ use of govt helicopter: IHC directs authorities to provide details

ISLAMABAD: The Islamabad High Court (IHC) Monday directed the concerned authorities to provide the details of...

Published 06 Sep, 2022 04:08am

NA panel for honoraria pay to employees covering 2022-23 budget session

ISLAMABAD: The Standing Committee on Government Assurances has directed that honoraria be paid to all employees of...

Published 06 Sep, 2022 04:08am

Achieving ‘$50bn’ textile exports in 4 years

Pakistan’s textile industry is on an upward trajectory with the addition of $500 million per month through...

Published 06 Sep, 2022 04:08am

FY2022-23: IMF’s BoP projections

The much-awaited staff report of the IMF (International Monetary Fund) on the seventh and eighth reviews was ...

Published 06 Sep, 2022 04:08am

NA speaker urges world community to take steps to tackle climate crisis

ISLAMABAD: National Assembly Speaker Raja Pervaiz Ashraf has called on the world community to take measures to ...

Published 06 Sep, 2022 04:08am

Leading economists say: Govt will be unable to implement ‘harsh’ IMF conditions

ISLAMABAD: The government will be unable to implement the very harsh conditions, including taxation and other...

Published 06 Sep, 2022 04:08am

Non-proliferation, disarmament: Pakistan fully cognisant of its obligations: Hina

ISLAMABAD: Minister of State for Foreign Affairs Hina Rabbani Khar on Monday said that Pakistan being a responsible...

Updated 06 Sep, 2022 12:14pm

Defence Day today: Army postpones ceremony at GHQ

LAHORE: The nation is celebrating Defence Day today, to commemorate the sacrifices of fallen heroes during the 1965...

Published 06 Sep, 2022 04:08am

Bestway Group donates $1m to help flood affectees

KARACHI: Bestway Group, the country’s leading foreign investor, has announced financial and material support to ...

Published 06 Sep, 2022 04:08am

More aid likely in a few days, says leader of US team

ISLAMABAD: A US Congressional delegation on Monday reaffirmed the United States’ commitment to continue support to...

Published 06 Sep, 2022 04:08am

Flood-affected people in three provinces: Punjab CM vows support

LAHORE: The Punjab government stands with the flood-affected population of Balochistan, Sindh and KPK provinces and...

Published 06 Sep, 2022 04:08am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 171,487 tonnes of cargo comprising 102,766 tonnes of import cargo and 68,721...

Published 06 Sep, 2022 04:08am

Stocks

German DAX slides more than 2pc after Russian gas shutdown

FRANKFURT: The Germany’s DAX slid more than 2% to lead declines among the European stock indexes on Monday after...

Published 06 Sep, 2022 04:08am

The Weather

KARACHI: The weather report on Monday (September 05, 2022) and the forecast for Tuesday (September 06, 2022)...

Published 06 Sep, 2022 04:08am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 05, 2022)....

Published 06 Sep, 2022 04:08am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (September 05, 2022)....

Published 06 Sep, 2022 04:08am

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 06 Sep, 2022 04:08am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 06 Sep, 2022 04:08am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (September 05, 2022)....

Published 06 Sep, 2022 04:08am

Aftermath of floods ‘Govt must act fast to protect businesses’

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has said that the federal and provincial governments must act fast in...

Published 06 Sep, 2022 04:08am

IK spreading hatred against army: coalition parties

ISLAMABAD: The ruling coalition partners on Monday strongly condemned Pakistan Tehreek-e-Insaf (PTI) chairman Imran...

Published 06 Sep, 2022 04:08am

Mianwali-Muzaffargarh Road: NHA accuses toll plaza contractors of overcharging

ISLAMABAD: The National Highways Authority (NHA) has warned contractors of four toll plazas on Mianwali-Muzaffargarh...

Published 06 Sep, 2022 04:08am

Appointment of army chief: IK only questioned authority vested in ‘corrupt coalition’: Fawad

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry on Monday maintained that party chairman Imran Khan...

Published 06 Sep, 2022 04:08am

Minister criticises Imran for ‘attacking’ military institutions

ISLAMABAD: Minister for Defence Khawaja Muhammad Asif on Monday accused the former prime minister and PTI Chairman...

Published 06 Sep, 2022 04:08am

IHC questions IK’s statement about armed forces ‘Should everything be put at stake for a game of thrones’

ISLAMABAD: Expressing concerns over the recent statement of the Pakistan Tehreek-e-Insaf (PTI) Chairman, Imran Khan,...

Published 06 Sep, 2022 04:08am

Sociopolitical issues discussed at Hamdard Shura event

KARACHI: Distinguished writer and author Dr Hasan Manzar said, “The foundation of Pakistan is based on golden...

Published 06 Sep, 2022 04:08am

Rs19.84bn disbursed among 793,701 families

ISLAMABAD: Financial aid of Rs25,000 per family under Flood Relief Cash Assistance through Benazir Income Support...

Published 06 Sep, 2022 04:08am

Flood woes: Ahsan seeks support of global community

ISLAMABAD: Federal Minister for Planning and Development and Special Initiatives Ahsan Iqbal, while urging the...

Published 06 Sep, 2022 04:08am

Right policies can protect the workers of Asia and the Pacific

Most of the 2.1 billion strong workforce in Asia and the Pacific are denied access to decent jobs, healthcare and...

Published 06 Sep, 2022 04:08am

Army officer, four troops martyred in NW IBO

KARACHI: An army officer and four soldiers were martyred while four terrorists were killed during an intelligence...

Published 06 Sep, 2022 04:08am

PARTLY FACETIOUS: A very crucial victory

“A cricket win has done it again.” “Done what again? Brought joy to this hapless country!” “United the...

Published 06 Sep, 2022 04:08am

NTDC restores power supply to major parts of Balochistan

LAHORE: The electricity supply has been restored to major parts of Balochistan province after completion of...

Published 06 Sep, 2022 04:08am

Rains, floods have damaged 6pc of cotton crop: minister

LAHORE: Cotton was sown over 16 percent more area in the province this year as compared to last season but the ...

Published 06 Sep, 2022 04:08am

Founders Group donates Rs30m to PM Flood Relief Fund

LAHORE: The Founders Group raised a significant sum of Rs3 crores for the flood victims in a remarkably short ...

Published 06 Sep, 2022 04:08am

Narrative of good general, bad general dangerous, says JI leader

LAHORE: Acting Chief of Jamaat-e-Islami Liaqat Baloch has said the narrative of good general and bad general is...

Published 06 Sep, 2022 04:08am

Flood victims: LCCI, PDMA will build model village of 100 houses

LAHORE: The Lahore Chamber of Commerce & Industry will build a model village of 100 houses in collaboration with...

Published 06 Sep, 2022 04:08am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (September 05, 2022). ==================================== BR...

Published 06 Sep, 2022 04:08am

Rates

BOARD MEETINGS

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

Published 06 Sep, 2022 04:08am

Rates

Dividend/Bonus Announcements

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

Published 06 Sep, 2022 04:08am

Stocks

Last date of renunciation/payment

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

Published 06 Sep, 2022 04:08am

Rates

Proposed right issues

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

Published 06 Sep, 2022 04:08am

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 06 Sep, 2022 04:08am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (September 05, 2022). ========================== KIBOR...

Published 06 Sep, 2022 04:08am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (September 05, 2022)....

Published 06 Sep, 2022 04:08am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (September 05, 2022)...

Published 06 Sep, 2022 04:08am

Forex

Open market rates of foreign currencies

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

Published 06 Sep, 2022 04:08am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (September 05, 2022)....

Published 06 Sep, 2022 04:08am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (September 05, 2022). ======================== Open Bid...

Published 06 Sep, 2022 04:08am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (September 05, 2022). ======================================= Offset...

Published 06 Sep, 2022 04:08am

Energy

OPEC+ agrees small oil production cut

LONDON: OPEC and its allies led by Russia on Monday agreed a small oil production cut to bolster prices that have...

Published 06 Sep, 2022 04:08am

Energy

Iran says hopes for sanction relief to export gas to Europe

TEHRAN: Iran said Monday it hopes to see US sanctions eased or lifted to allow it to sell natural gas to Europe,...

Published 06 Sep, 2022 04:08am

Cotton & Textile

Not much trading activity on cotton market

LAHORE: The local cotton market on Monday remained steady and the trading volume remained low. Cotton Analyst ...

Published 06 Sep, 2022 04:08am

Energy

Oil up nearly 3pc as OPEC+ agrees to small oil output cut

HOUSTON: Oil prices rose about 3% on Monday, as OPEC+ members agreed to a small production cut of 100,000 barrels ...

Published 06 Sep, 2022 04:08am

Energy

Ogra asks officials keep check on LPG prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has issued directions to the chief secretaries and district...

Published 06 Sep, 2022 04:08am

Energy

Fixing petroleum prices: LHC summons Ogra officials, others on 13th

LAHORE: The Lahore High Court on Monday issued notices to Oil and Gas Regulatory Authority (OGRA) and others for...

Published 06 Sep, 2022 04:08am

Energy

PPIB supports 10pc blending of Thar coal for PQEPCL

ISLAMABAD: The Private Power & Infrastructure Board (PPIB) has supported 10 per cent blending of Thar-coal in...

Updated 06 Sep, 2022 12:53pm

Rates

Stocks sink on profit-taking

KARACHI: Pakistan Stock Exchange Monday witnessed a bloodbath due to concerns over inflation and growth rate due to...

Published 06 Sep, 2022 04:08am

Money & Banking

Faysal Bank aims to achieve Rs1trn assets by 2022 end

KARACHI: The management of Faysal Bank Limited has aimed to enhance its assets value up to Rs 1 trillion by end of...

Published 06 Sep, 2022 04:08am

Taxes

Alvi links prosperity to better tax collection

PESHAWAR: President Dr Arif Alvi here Monday said that economic prosperity of the country was linked with increasing...

Published 06 Sep, 2022 04:08am

Money & Banking

HBL offers industry’s first P2P QR-based funds transfer facility

KARACHI: HBL Mobile and Konnect by HBL launch the industry’s first Peer-to-Peer (P2P) QR-based funds transfer...

Updated 06 Sep, 2022 12:55pm

Industry

Beverage industry: FTO endorses govt’s proposal for Rs60bn additional taxes

ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly endorsed the government’s proposal to impose additional...

Updated 06 Sep, 2022 12:54pm

‘Political pause’?

EDITORIAL: When President Arif Alvi volunteered to mediate between the government and the opposition parties to ...

Published 06 Sep, 2022 04:08am

Govt’s sardonic motto: ‘live within means’

EDITORIAL: Finance Minister Miftah Ismail while addressing an event organised by the Institute of Business...

Published 06 Sep, 2022 04:08am

Money & Banking

AIIB delegation calls on P&D chairman

LAHORE: The Asian Infrastructure Investment Bank (AIIB) delegation comprising of four members led by Supee...

Published 06 Sep, 2022 04:08am

Taxes

Assessment, audit: concurrent FBR notices irk taxpayers

LAHORE: Concurrent tax notices for assessment and audit, issued simultaneously by assistant, deputy and additional...

Updated 06 Sep, 2022 12:52pm

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 19.893 ...

Published 06 Sep, 2022 04:08am

Commodities

Iron ore futures rebound

MANILA: Iron ore futures rose more than 3% on Monday, rebounding after last week’s sell-offs, as traders bet the...

Published 06 Sep, 2022 04:08am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Monday (September 5, 2022)....

Published 06 Sep, 2022 04:08am

Money & Banking

Gold firms above $1,700/oz

LONDON: Gold prices held above the key $1,700 per ounce level on Monday, as hopes that the Federal Reserve might ...

Published 06 Sep, 2022 04:08am

Money & Banking

Euro plunges to new 20-year low after Russian gas halt

LONDON: The euro sank below $0.99 to a new 20-year low on Monday after Russia’s halt to gas supplies down its main...

Published 06 Sep, 2022 04:08am

Money & Banking

Rouble rebounds; Gazprom shares down

MOSCOW: The rouble turned to gains after slipping beyond the 61 mark against the dollar on Monday, while shares in...

Published 06 Sep, 2022 04:08am

Industry

KATI officials laud Shahid Leghari appointment as PRCS chief

KARACHI: Korangi Association of Trade and Industry (KATI) Patron-in-Chief S M Muneer and President Salman Aslam...

Published 06 Sep, 2022 04:08am

FATF team concludes on-site visit; final decision on grey list likely in Oct

ISLAMABAD: A technical team of Financial Action Task Force (FATF), comprising counterterrorism experts, concluded ...

Updated 06 Sep, 2022 12:48pm

Commodities

Record monsoon rains and melting glaciers in northern mountains have brought floods that have killed at least 1,314

Updated 06 Sep, 2022 10:04am

PM upscales relief aid to Rs70bn

QAMBAR SHAHDADKOT: Prime Minister Shehbaz Sharif on Monday said the government had decided to increase the flood...

Updated 06 Sep, 2022 09:29am

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 27	254.63
Diesel/Litre / Apr 27	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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