News Archives for Print - 2022-09-14

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Print - 2022-09-14

Wheat distribution: Punjab govt lodges protest with federal govt

LAHORE: The Punjab government has strongly protested against the federal government’s double standards for...

Published 14 Sep, 2022 04:45am

Acceptance of MNAs’ resignations: PTI moves SC against IHC’s order

ISLAMABAD: Pakistan Tehreek-e-Insaf(PTI) challenged the Islamabad High Court (IHC)’s judgment regarding the...

Published 14 Sep, 2022 04:45am

PNSC achieves highest annual profit in history

KARACHI: Despite the challenging global economic environment, Pakistan National Shipping Corporation (PNSC) Group ...

Published 14 Sep, 2022 04:45am

Panfilo Marquez assumes charge as US Consul General

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

Published 14 Sep, 2022 04:45am

Trade centres, industrial zone: Muhafiz Force formed for security issues

HYDERABAD: Senior Superintendent of Police (SSP) Hyderabad Amjad Ahmed Sheikh said a 'muhafiz force' comprising 80...

Published 14 Sep, 2022 04:45am

Companies

MAP elects Azfar Ahsan as its president

KARACHI: Muhammad Azfar Ahsan, founder and CEO of Nutshell Group, has been elected as the president of the Marketing...

Published 14 Sep, 2022 04:45am

Punjab govt decides to merge PLDC into PHATA

LAHORE: The Punjab government has decided to shut down the Punjab Land Development Company (PLDC) by merging it into...

Published 14 Sep, 2022 04:45am

NICL holds Investor Summit at LUMS

LAHORE: The National Incubation Centre Lahore (NICL) at LUMS held its capstone event - the Investor Summit, which...

Published 14 Sep, 2022 04:45am

CM okays steps for improving utility of health card scheme

LAHORE: A meeting was held under the chairmanship of Chief Minister of Punjab Chaudhary Parvez Elahi at his office,...

Published 14 Sep, 2022 04:45am

Rs8.8bn allocated for FMU hospitals, says minister

FAISALABAD: Provincial Health Minister Dr. Yasmin Rashid has said that for the government hospitals affiliated to...

Published 14 Sep, 2022 04:45am

South Asia

Taliban reject UN report, say no women fired from govt jobs

KABUL: Taliban authorities on Tuesday condemned UN accusations that they are violating the right of women to work in...

Published 14 Sep, 2022 04:45am

Stocks

It’s been quiet at PSX, but its CEO is upbeat

KARACHI: The chief of Pakistan’s stock market, Farrukh H Khan, is a positive man. He has to be – it’s in the job...

Published 14 Sep, 2022 04:45am

KP cabinet approves climate change policy & action plan

PESHAWAR: Khyber Pakhtunkhwa cabinet on Tuesday approved a provincial climate change policy and action plan 2022, in...

Published 14 Sep, 2022 04:45am

Europe

Dutch detain nine, probe CEO in major fraud case

THE HAGUE: Dutch financial authorities detained at least nine people Tuesday in a massive fraud case and raided the...

Published 14 Sep, 2022 04:45am

US says Russia has sent $300m to meddle in elections

WASHINGTON: Russia has covertly sent at least $300 million to foreign political parties and candidates in more than...

Published 14 Sep, 2022 04:45am

The Weather

KARACHI: The weather report on Tuesday (September 13, 2022) and the forecast for Wednesday (September 14, 2022)....

Published 14 Sep, 2022 04:45am

China-Russia bond tightens as Moscow sees Ukraine setbacks

Russia may be enduring big battlefield losses in Ukraine and punishing Western sanctions, but China is standing firm...

Published 14 Sep, 2022 04:45am

Deemed rent–indeed, a bad law

This is the second article on the subject. A concept of tax on deemed rent has been introduced by the Finance Act,...

Published 14 Sep, 2022 04:45am

Export growth won’t be easy from now on

Ever since the rupee-dollar parity was allowed to be determined by market forces the Rupee depreciated dramatically...

Published 14 Sep, 2022 04:45am

Three soldiers martyred in attack; terrorists suffer heavy casualties

RAWALPINDI: Three soldiers embraced martyrdom when terrorists from inside Afghanistan across the international...

Published 14 Sep, 2022 04:45am

Country close to default, claims PTI’s Hammad

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Central Punjab General Secretary and former federal minister Hammad Azhar has...

Published 14 Sep, 2022 04:45am

Anti-Taliban tribal leader among 5 killed in Swat

PESHAWAR: Five people were killed in a blast in northwestern area on Tuesday, including an influential anti-Taliban...

Published 14 Sep, 2022 04:45am

PM appoints 8 new special assistants

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday appointed eight new special assistants, bringing the number of...

Published 14 Sep, 2022 04:45am

Insulting statements against state institutions: SC moved to ask govt to prepare a code of conduct

ISLAMABAD: The Supreme Court was requested to direct the federal government to prepare and implement a specific code...

Published 14 Sep, 2022 04:45am

Rotary Club donates two truckloads of goods for flood victims

ISLAMABAD: Rotary Club of Islamabad (Metropolitan) donated two truckloads of quilts, beddings, floor mats, clothes,...

Published 14 Sep, 2022 04:45am

Arrest of Masood Azhar: Pakistan seeks Afghanistan’s help

ISLAMABAD: Pakistan has written a letter to Afghanistan to arrest Maulana Masood Azhar, the head of banned...

Published 14 Sep, 2022 04:45am

OGDCL to contribute Rs105m for flood relief efforts

KARACHI: The Oil and Gas Development Company Limited (OGDCL) has pledged to contribute Rs105 million to support...

Published 14 Sep, 2022 04:45am

NA Speaker underlines global climate change challenge to human security

ISLAMABAD: National Assembly Speaker Raja Pervaiz Ashraf said that Pakistan faced record monsoon rains and melting...

Published 14 Sep, 2022 04:45am

More rains likely in some flood-hit areas

ISLAMABAD: The death toll from the devastating floods triggered by monsoon rains since the middle of June this year...

Published 14 Sep, 2022 04:45am

Post-floods scenario: Minister highlights crucial role of pharma sector

KARACHI: Sindh Minister for Labour and Human Resources Saeed Ghani inaugurated the 19th International Pharma Asia...

Published 14 Sep, 2022 04:45am

Money laundering case: LHC seeks reply from FIA on plea of Moonis

LAHORE: The Lahore High Court on Tuesday sought reply from the Federal Investigation Agency (FIA) within a fortnight...

Published 14 Sep, 2022 04:45am

Envoy advocates further strengthening of Japan-Pakistan ties

KARACHI: Japanese Ambassador to Pakistan Mitsuhiro Wada stressed upon the need for cooperation between Pakistan and...

Published 14 Sep, 2022 04:45am

IPU delegation meets president

ISLAMABAD: President Dr Arif Alvi has said that Pakistan would always stand by its commitment to the...

Published 14 Sep, 2022 04:45am

IHC conditionally summons officers of agencies in missing person’s case

ISLAMABAD: The Islamabad High Court (IHC) on Tuesday asked the sector commanders of intelligence agencies to appear...

Published 14 Sep, 2022 04:45am

ICRC’s regional director visits KMU, Peshawar

PESHAWAR: ICRC Regional Director Patricia Escalone Guiote on Tuesday visited Khyber Medical University (KMU),...

Published 14 Sep, 2022 04:45am

Helvetas Pakistan extends help to affectees in KP

PESHAWAR: A Switzerland-based development organisation, Helvetas Pakistan, has extended help for relief of flood...

Published 14 Sep, 2022 04:45am

FIA raids house of PTI’s senator

ISLAMABAD: The Federal Investigation Agency (FIA) has reportedly raided the house of Pakistan Tehreek-e-Insaf (PTI)...

Published 14 Sep, 2022 04:45am

Country witnessing surge in dengue cases

ISLAMABAD: Major cities in Pakistan are witnessing a sharp increase in dengue cases as one death and 75 cases were...

Published 14 Sep, 2022 04:45am

1st Rabi-ul-Awwal on 28th: Met Office

KARACHI: The Met Office on Tuesday ruled out chances of sighting of the crescent for Rabi-ul-Awwal, 1444 AH, on...

Published 14 Sep, 2022 04:45am

Torture in custody unacceptable, says minister

ISLAMABAD: Interior Minister Rana Sanaullah Khan on Tuesday said that torture of an accused in custody is against ...

Published 14 Sep, 2022 04:45am

TI-P now wants inclusion of NGOs in flood dashboard

ISLAMABAD: The Transparency International-Pakistan (TI-P) has urged the federal government to make changes in its...

Published 14 Sep, 2022 04:45am

SCO’s annual meeting: PM to embark on 2-day Uzbekistan visit tomorrow

ISLAMABAD: Prime Minister Shehbaz Sharif will embark on a two-day visit of Samarkand, Uzbekistan, from 15-16...

Published 14 Sep, 2022 04:45am

Former PM gets relief: Accountability Court sends six RPP cases back to NAB

ISLAMABAD: Another Pakistan People’s Party (PPP) leader and former prime minister Raja Pervaiz Ashraf on Tuesday...

Published 14 Sep, 2022 04:45am

LEAs have failed to control street crimes, says KCCI chief

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) president Muhammad Idrees, while expressing deep concerns...

Published 14 Sep, 2022 04:45am

PTCL, Akhuwat team up to provide relief to flood-affected families

KARACHI: Pakistan Telecommunication Company Limited (PTCL) Group and Akhuwat Foundation collaborated to provide food...

Published 14 Sep, 2022 04:45am

Rehabilitation of flood victims: US will consider ways to provide more assistance: envoy

ISLAMABAD: The United States Ambassador to Pakistan, Donald Blome, on Tuesday, said that the US government will...

Published 14 Sep, 2022 04:45am

Punjab govt approves rehabilitation plan for flood victims

LAHORE: The Punjab government has approved the rehabilitation plan for flood victims of Punjab under which...

Published 14 Sep, 2022 04:45am

Pakistan to discharge 35MAF water into sea in this flood season

LAHORE: Pakistan is set to throw 35 million acre feet (MAF) water to the sea in the current flood season against the...

Published 14 Sep, 2022 04:45am

Stocks

Wall Street tumbles as inflation data stokes bets of large rate hikes

NEW YORK: US stock indexes fell sharply on Tuesday, snapping a four-day winning streak, after data showed monthly US...

Published 14 Sep, 2022 04:45am

PARTLY FACETIOUS: IK has special relationship with two letters

“Is economics a science or an arts subject?” “And the difference is?” “Science to me means that laws of...

Published 14 Sep, 2022 04:45am

Stocks

Last date of renunciation/payment

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

Published 14 Sep, 2022 04:45am

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 14 Sep, 2022 04:45am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Tuesday (September 13, 2022). ======================== Offer Price...

Published 14 Sep, 2022 04:45am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (September 13, 2022). ======================== Offer Price...

Published 14 Sep, 2022 04:45am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Tuesday (September 13, 2022). ======================== Offer Price 1,232.8647...

Published 14 Sep, 2022 04:45am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (September 13, 2022). ========================...

Published 14 Sep, 2022 04:45am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (September 13, 2022). ========================...

Published 14 Sep, 2022 04:45am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (September 13, 2022). ========================== KIBOR...

Published 14 Sep, 2022 04:45am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (September 13, 2022)....

Published 14 Sep, 2022 04:45am

Rates

Equities post gains

KARACHI: Pakistan Stock Exchange Tuesday witnessed another rangebound session with low volumes on investor concerns...

Published 14 Sep, 2022 04:45am

Commodities

Japanese rubber futures snap three-day rally

SINGAPORE: Japanese rubber futures snapped a three-day rally on Tuesday, weighed down by weaker crude prices,...

Published 14 Sep, 2022 04:45am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 90,363 tonnes of cargo comprising 57,187 tonnes of import cargo and 33,176...

Published 14 Sep, 2022 04:45am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (September 13, 2022)....

Published 14 Sep, 2022 04:45am

Cotton & Textile

Cotton market: Spot rate inert amid moderate activity

LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained satisfactory. Cotton...

Published 14 Sep, 2022 04:45am

Commodities

Copper lurches lower after strong US inflation data

LONDON: Copper prices turned lower on Tuesday after US inflation unexpectedly rose in August and pushed up the ...

Published 14 Sep, 2022 04:45am

Energy

Oil dips 1pc, reversing gains after bearish US economic data

HOUSTON: Oil prices fell about 1% on Tuesday in choppy trading, reversing earlier gains as US consumer prices...

Published 14 Sep, 2022 04:45am

Commodities

Gold dips as dollar gains

NEW YORK: Gold prices fell more than 1% as the dollar jumped after an unexpected rise in August consumer prices...

Published 14 Sep, 2022 04:45am

Commodities

Palm surges nearly 6pc

KUALA LUMPUR: Malaysian palm oil futures rose nearly 6% on Tuesday, tracking gains in rival soyoil on bleak forecast...

Published 14 Sep, 2022 04:45am

Energy

Germany, EU race to fix energy crisis

BERLIN/BRUSSELS: Germany said on Tuesday it would step up lending to energy firms at risk of being crushed by ...

Published 14 Sep, 2022 04:45am

Rates

LME official prices

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

Published 14 Sep, 2022 04:45am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 13, 2022)...

Published 14 Sep, 2022 04:45am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (September 13, 2022). ======================================= ...

Published 14 Sep, 2022 04:45am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 13, 2022)....

Published 14 Sep, 2022 04:45am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (September 13, 2022). ======================== Open ...

Published 14 Sep, 2022 04:45am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (September 13, 2022)....

Published 14 Sep, 2022 04:45am

RATES

REVISED RATES OF DEBT SECURITIES

KARACHI: THE FOLLOWING WERE THE REVISED RATES OF DEBT SECURITIES ON TUESDAY (SEPTEMBER 13, 2022)....

Published 14 Sep, 2022 04:45am

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 14 Sep, 2022 04:45am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (September 13, 2022)....

Published 14 Sep, 2022 04:45am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (September 13, 2022). ==================================== ...

Published 14 Sep, 2022 04:45am

Rates

BOARD MEETINGS

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

Published 14 Sep, 2022 04:45am

Rates

Proposed right issues

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

Published 14 Sep, 2022 04:45am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (September 13, 2022). ======================== Offer ...

Published 14 Sep, 2022 04:45am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (September 13, 2022). ======================== Offer Price...

Published 14 Sep, 2022 04:45am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (September 13, 2022). ======================== Offer Price...

Published 14 Sep, 2022 04:45am

Rates

EFU INCOME GROWTH FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (September 13, 2022). ======================== Offer Price...

Published 14 Sep, 2022 04:45am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (September 13, 2022). ======================== Offer Price...

Published 14 Sep, 2022 04:45am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (September 13, 2022). ======================== Offer Price...

Published 14 Sep, 2022 04:45am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (September 13, 2022). ======================== Offer Price...

Published 14 Sep, 2022 04:45am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (September 13, 2022). ======================== Offer Price...

Published 14 Sep, 2022 04:45am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (September 13, 2022). ======================== Offer Price...

Published 14 Sep, 2022 04:45am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (September 13, 2022). ======================== Offer Price...

Published 14 Sep, 2022 04:45am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Tuesday (September 13, 2022). ======================== Offer Price...

Published 14 Sep, 2022 04:45am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Tuesday (September 13, 2022). ======================== Offer Price...

Published 14 Sep, 2022 04:45am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (September 13, 2022). ======================== Offer ...

Published 14 Sep, 2022 04:45am

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 14 Sep, 2022 04:45am

Forex

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 5	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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