News Archives for Print - 2022-09-13

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Print - 2022-09-13

Industry

No end in sight for PKR’s depreciation cycle, warns FPCCI

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has emphasized that the government and the State Bank of Pakistan...

Published 13 Sep, 2022 08:11am

Sindh, Balochistan: ‘KATI has sent relief items to 15,000 flood-hit families so far’

KARACHI: President of Korangi Association of Trade and Industry (KATI) Salman Aslam said that the recent rains and...

Published 13 Sep, 2022 08:10am

Ibn-e-Insha Park opened after renovation: Wahab

KARACHI: Administrator of Karachi Barrister Murtaza Wahab on Monday said that restoration of parks is a part of the...

Published 13 Sep, 2022 08:07am

Flood victims: SBP allows donations, aid via remittance channel

KARACHI: The State Bank of Pakistan (SBP) Monday allowed foreign remittances on account of donation and charity...

Published 13 Sep, 2022 08:06am

Energy

KE maintains power supply during monsoon spell

KARACHI: As Karachi received varying intensity of rain on Monday afternoon, K-Electric ensured sustained power ...

Published 13 Sep, 2022 08:04am

UNDP, ADB and World Bank to finalise damage assessment report next week: minister

ISLAMABAD: The United Nations Development Programme (UNDP), Asian Development Bank (ADB), and the World Bank (WB) ...

Published 13 Sep, 2022 08:02am

Industry

SECP proposes enhancement in scope of REITS assets

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed to enhance the scope of the Real...

Published 13 Sep, 2022 08:00am

Minister denounces shortage rumours: ‘Paracetamol tablets in 50 brands available in sufficient quantity’

ISLAMABAD: Federal Minister for National Health Services and Regulations Abdul Qadir Patel on Monday while ...

Published 13 Sep, 2022 07:58am

City to have hot, humid weather despite rainy spell

KARACHI: Despite a rainy spell, the city is expected to experience a hot and humid weather for a couple more days...

Published 13 Sep, 2022 07:57am

Fawad neither accepts nor denies reports about IK’s meeting with Raphel

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry on Monday neither accepted nor denied reports that...

Published 13 Sep, 2022 07:42am

Flood devastation: Canadian team offers to build climate-resilient structures

ISLAMABAD: Minister of State for Foreign Affairs Hina Rabbani Khar on Monday apprised a Canadian delegation led by...

Published 13 Sep, 2022 07:39am

Fawad accuses PDM leaders of plotting to ‘get Imran killed’

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry on Monday accused Pakistan Democratic Movement (PDM)...

Published 13 Sep, 2022 07:35am

Full bench to take up Maryam’s petition on 14th

LAHORE: Chief Justice of Lahore High Court Muhammad Ameer Bhatti on Monday constituted a full bench for disposal of ...

Published 13 Sep, 2022 07:32am

Population census 2022: Minister calls for taking inputs from ECP, other stakeholders

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal emphasised the timely...

Published 13 Sep, 2022 07:30am

Parliamentary delegation’s visit to Canada: NA body takes notice of ‘malicious’ media drive

ISLAMABAD: The National Assembly Standing Committee on Information and Broadcasting took serious notice of the...

Published 13 Sep, 2022 07:28am

Shehbaz urges world community to help Pakistan tackle calamity

ISLAMABAD: Prime Minister Shehbaz Sharif has stated that Pakistan is facing flood catastrophe due to climate-induced...

Published 13 Sep, 2022 07:25am

ECP announces by-polls for one NA, 3 PA seats

ISLAMABAD: The Election Commission of Pakistan (ECP) has announced by-elections on four of the 13 legislative seats;...

Published 13 Sep, 2022 07:21am

ECP summons IK, Asad and Fawad on 27th

ISLAMABAD: Election Commission of Pakistan (ECP) has summoned in person Chairman Pakistan Tehreek-e-Insaf (PTI) and...

Published 13 Sep, 2022 07:20am

GB’s former chief justice submits unconditional apology to IHC

ISLAMABAD: The former chief justice of Gilgit-Baltistan (GB), Rana Shamim on Monday submitted an unconditional...

Published 13 Sep, 2022 07:19am

Marquez assumes charge as US CG in Peshawar

PESHAWAR: Panfilo Marquez assumed responsibility as the Consul General of the US Consulate General in Peshawar on...

Published 13 Sep, 2022 07:17am

Energy

Energy & power infrastructure in KP: Devastating floods have inflicted Rs560m losses: Muqam

PESHAWAR: As per initial assessment, the recent devastating floods have inflicted losses of Rs560 million to the...

Published 13 Sep, 2022 06:52am

Energy

CNG sector in KP: APCNGA urges govt to restore gas pressure

PESHAWAR: The Khyber Pakhtunkhwa chapter of All Pakistan CNG Association (APCNGA) has requested the federal...

Published 13 Sep, 2022 06:50am

ADB report advocates fiscal consolidation, policy reforms

ISLAMABAD: Continued efforts towards fiscal consolidation and policy reforms will be key to sustaining improvements...

Published 13 Sep, 2022 06:47am

Alvi calls for crop insurance system

ISLAMABAD: President Dr Arif Alvi has emphasised the need for a user-friendly crop insurance system to protect the...

Published 13 Sep, 2022 06:42am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (September 12, 2022)....

Published 13 Sep, 2022 06:12am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (September 12, 2022). ========================== KIBOR...

Published 13 Sep, 2022 06:12am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Monday (September 12, 2022). ========================...

Published 13 Sep, 2022 06:12am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Monday (September 12, 2022). ========================...

Published 13 Sep, 2022 06:12am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Monday (September 12, 2022). ======================== Offer Price 1,232.1877 ...

Published 13 Sep, 2022 06:12am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Monday (September 12, 2022). ======================== Offer Price...

Published 13 Sep, 2022 06:12am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Monday (September 12, 2022). ======================== Offer Price...

Published 13 Sep, 2022 06:12am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Monday (September 12, 2022). ======================== Offer ...

Published 13 Sep, 2022 06:12am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Monday (September 12, 2022). ======================== Offer Price...

Published 13 Sep, 2022 06:12am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Monday (September 12, 2022). ======================== Offer Price...

Published 13 Sep, 2022 06:12am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Monday (September 12, 2022). ======================== Offer Price...

Published 13 Sep, 2022 06:12am

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 13 Sep, 2022 06:12am

Stocks

Last date of renunciation/payment

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

Published 13 Sep, 2022 06:12am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 13 Sep, 2022 06:12am

The Weather

KARACHI: The weather report on Monday (September 12, 2022) and the forecast for Tuesday (September 13, 2022)....

Published 13 Sep, 2022 06:12am

UAE judge rejects extradition of main suspect in Danish tax fraud case

DUBAI: A United Arab Emirates judge on Monday rejected the extradition to Denmark of Briton Sanjay Shah, the main...

Published 13 Sep, 2022 06:12am

50 million people stuck in ‘modern slavery’: UN

GENEVA: Fifty million people around the world are trapped in forced labour or forced marriage, the UN said Monday,...

Published 13 Sep, 2022 06:12am

South Asia

UN expert decries ‘descent towards authoritarianism’ in Afghanistan

GENEVA: A UN expert said on Monday that human rights had deteriorated under the Taliban, describing a “staggering...

Published 13 Sep, 2022 06:12am

Stocks

Wall Street hits more than two-week high on energy, tech gains

NEW YORK: Energy and technology shares powered US stock indexes to their highest in more than two weeks on Monday...

Published 13 Sep, 2022 06:12am

‘International Pharma Asia’ expo begins today

KARACHI: The three-day 19th International Pharma Asia Exhibition will be held at Karachi Expo Center from Tuesday...

Published 13 Sep, 2022 06:12am

Pakistan’s urban areas face housing crisis: World Bank

ISLAMABAD: Pakistan’s urban areas face a looming housing crisis as 47 percent of households live in overcrowded...

Published 13 Sep, 2022 06:12am

US has provided over $50m for flood victims: Elizabeth Horst

LAHORE: Talking about the United States commitment to support flood-affected communities, US Principal Deputy...

Published 13 Sep, 2022 06:12am

465 FC personnel complete anti-riots course

LAHORE: Punjab Inspector General of Police (IGP) Faisal Shahkar has said that the conduct of police officers should...

Published 13 Sep, 2022 06:12am

PPDWP approves two schemes of IT sector

LAHORE: The Punjab Provincial Development Working Party approved two development schemes of the information...

Published 13 Sep, 2022 06:12am

Provincial govts can bear FPA cost to provide relief to consumers: experts

LAHORE: Provincial governments can bear the cost of Fuel Price Adjustment (FPA) to provide relief to the electricity...

Published 13 Sep, 2022 06:12am

Country’s politics revolves around IK: minister

LAHORE: Punjab Senior Minister Mian Aslam Iqbal has said that those thinking to minus Pakistan Tehreek-e-Insaf (PTI)...

Published 13 Sep, 2022 06:12am

FPCCI team visits flood-hit areas in Southern Punjab

LAHORE: A delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) led by President Irfan...

Published 13 Sep, 2022 06:12am

PARTLY FACETIOUS: The elite capture continues…

“I am amazed at the use, frequent use, he makes of it and for all purposes other than what it is meant for...

Published 13 Sep, 2022 06:12am

Winds of change shift Germany’s economic power northwards

Germany’s wet and windswept north has long lacked the economic appeal of the industrial south but the green...

Published 13 Sep, 2022 06:12am

Minus one?

While vast areas of the country and millions of people suffer the consequences of the massive monsoon rains and...

Published 13 Sep, 2022 06:12am

IMF’s macroeconomic projections for FY23

The IMF staff report on the seventh and eighth reviews of the EFF with Pakistan contains a detailed set of...

Published 13 Sep, 2022 06:12am

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 13 Sep, 2022 06:12am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Monday (September 12, 2022). ======================== Offer Price...

Published 13 Sep, 2022 06:12am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Monday (September 12, 2022). ======================== Offer Price...

Published 13 Sep, 2022 06:12am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Monday (September 12, 2022). ======================== Offer Price...

Published 13 Sep, 2022 06:12am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Monday (September 12, 2022). ======================== Offer Price...

Published 13 Sep, 2022 06:12am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Monday (September 12, 2022). ======================== Offer Price ...

Published 13 Sep, 2022 06:12am

Rates

EFU INCOME GROWTH FUND RATES

KARACHI: EFU Aggressive Fund Rates on Monday (September 12, 2022). ======================== Offer Price ...

Published 13 Sep, 2022 06:12am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Monday (September 12, 2022). ======================== Offer Price...

Published 13 Sep, 2022 06:12am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Monday (September 12, 2022). ======================== Offer Price...

Published 13 Sep, 2022 06:12am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Monday (September 12, 2022). ======================== Offer Price...

Published 13 Sep, 2022 06:12am

Rates

Proposed right issues

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

Published 13 Sep, 2022 06:12am

Rates

BOARD MEETINGS

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

Published 13 Sep, 2022 06:12am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (September 12, 2022). ==================================== BR...

Published 13 Sep, 2022 06:12am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (September 12, 2022)....

Published 13 Sep, 2022 06:12am

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 13 Sep, 2022 06:12am

RATES

REVISED RATES OF DEBT SECURITIES

KARACHI: THE FOLLOWING WERE THE REVISED RATES OF DEBT SECURITIES ON MONDAY (SEPTEMBER 12, 2022)....

Published 13 Sep, 2022 06:12am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (September 12, 2022)....

Published 13 Sep, 2022 06:12am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (September 12, 2022). ======================== Open Bid...

Published 13 Sep, 2022 06:12am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 12, 2022)....

Published 13 Sep, 2022 06:12am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (September 12, 2022). ======================================= Offset...

Published 13 Sep, 2022 06:12am

Rates

LME official prices

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

Published 13 Sep, 2022 06:12am

Cotton & Textile

Steady trend on cotton market

Cotton...

Published 13 Sep, 2022 06:12am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Monday (September 12, 2022)....

Published 13 Sep, 2022 06:12am

Commodities

Japanese rubber up

SINGAPORE: Japanese rubber futures edged higher on Monday, supported by a rise in domestic equities and as traders...

Published 13 Sep, 2022 06:12am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: Approximately, 8344 containers comprising of 3857 containers import and 4487 containers export were handled...

Published 13 Sep, 2022 06:12am

Commodities

India’s rice export curbs paralyse trade in Asia

MUMBAI: India’s restrictions on rice exports have paralysed trading in Asia, with buyers scouring for alternative...

Published 13 Sep, 2022 06:12am

Grains

Funds brace for smaller US corn crop ahead of USDA forecast

NAPERVILLE, (Ill.): Since late July, speculators have been preparing for a scenario where the US corn harvest falls...

Published 13 Sep, 2022 06:12am

Energy

US natgas futures rebound in choppy trade

NEW YORK: US natural gas futures rose in choppy trading on Monday, buoyed by technicals and slightly lower ...

Published 13 Sep, 2022 06:12am

Grains

Russian wheat

MOSCOW: Russian wheat export prices rose last week with global benchmarks and demand from importers, the IKAR...

Published 13 Sep, 2022 06:12am

Energy

Gasoil refining margins dip

SINGAPORE: Asia’s refining margins for gasoil with 10 ppm sulphur content dipped on Monday, as stronger crude...

Published 13 Sep, 2022 06:12am

Energy

HSFO cash differentials decline further

SINGAPORE: Cash differentials for high sulphur fuel oil (HSFO) declined further on Monday, while the market’s...

Published 13 Sep, 2022 06:12am

Energy

Asia naphtha margin drops

NEW DELHI: Asia’s naphtha refining profit margin fell on Monday as weakness in Chinese petrochemical demand...

Published 13 Sep, 2022 06:12am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 21.083 ...

Published 13 Sep, 2022 06:12am

Grains

EU wheat eases after rally, little moved by USDA report

PARIS: Euronext wheat edged lower on Monday in step with Chicago as the cereal gave back some of last week’s ...

Published 13 Sep, 2022 06:12am

Energy

Oil prices rise as supply uncertainty mounts

LONDON: Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil...

Published 13 Sep, 2022 06:12am

Commodities

Weaker dollar lifts copper as market awaits China data

LONDON: Copper prices rose on Monday, supported by a weaker dollar while the market awaited data from top consumer...

Published 13 Sep, 2022 06:12am

Commodities

Gold, silver jump

NEW YORK: Gold jumped 1% and silver rallied over 6% on Monday bolstered by a weaker dollar, while investors awaited...

Published 13 Sep, 2022 06:12am

Commodities

Palm oil rises over 2pc

KUALA LUMPUR: Palm oil futures advanced on Monday as investors focused on stronger early September exports, a weaker...

Published 13 Sep, 2022 06:12am

IPPAC seeks to discuss arbitration, other issues with Secretary Power

Energy

Rates

PSX witnesses drawdown

KARACHI: Pakistan Stock Exchange Monday witnessed a rangebound session due to investor concerns over mounting...

Published 13 Sep, 2022 06:12am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
Dow Jones / Jan 29	44,713.52
India Sensex / Jan 30	76,776.38
Tokyo Nikkei / Jan 30	39,467.47
FTSE 100 / Jan 30	8,567.71
Germany DAX 30 / Jan 30	21,655.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Cotton US¢/pound / Jan 30	66.57
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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