News Archives for Print - 2022-09-20

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Print - 2022-09-20

Collective efforts needed to make Karachi clean, green: commissioner

KARACHI: Commissioner of Karachi Muhammad Iqbal Memon has said that collective efforts are required by all the...

Published 20 Sep, 2022 07:51am

Industry

Delay in opening of LCs irks RCCI

ISLAMABAD: The Rawalpindi Chamber of Commerce and Industry (RCCI) has expressed grave concerns over the delay in...

Published 20 Sep, 2022 07:51am

8m children to be vaccinated during drive against Covid

ISLAMABAD: The government kicked off an immunisation campaign against Covid-19 for children aged between five and 11...

Published 20 Sep, 2022 07:44am

19 more development schemes approved

LAHORE: The Punjab Provincial Development Working Party approved 19 development schemes of various sectors with an...

Published 20 Sep, 2022 07:44am

Fire engulfs candle factory

KARACHI: A candle factory located in Ibrahim Hyderi neighbourhood of the metropolis caught fire on Monday, which was...

Published 20 Sep, 2022 07:41am

CM approves ‘preventive cardiology’ departments in hospitals

LAHORE: On the directive of Punjab Chief Minister Chaudhry Parvez Elahi, preventive cardiology departments would be...

Published 20 Sep, 2022 07:38am

Payment of salaries: Court unfreezes accounts of Suleman Shehbaz’s firms

LAHORE: A special court (central) on Monday approved unfreezing of bank accounts of eight companies owned by Suleman...

Published 20 Sep, 2022 07:34am

Hashoo Group World Corporate Golf Challenge: Three decades of success

ISLAMABAD: World Corporate Golf Challenge (WCGC) is the largest corporate golf tournament in the world and since its...

Published 20 Sep, 2022 07:30am

IHC dismisses Fawad’s plea challenging Durrani’s appointment as ECP member

ISLAMABAD: The Islamabad High Court (IHC) on Monday turned down Pakistan Tehreek-e-Insaf (PTI) leader Fawad...

Published 20 Sep, 2022 07:29am

Energy

MoU inked for training in solar energy sector

LAHORE: The Energy Training and Research Centre (ETRC) and a Chinese company, LONGi Solar Technology, signed an MoU...

Published 20 Sep, 2022 07:27am

PTCL Group, PPAF sign agreement

ISLAMABAD: The Pakistan Telecommunication Company Limited (PTCL) Group has entered into a strategic partnership with...

Published 20 Sep, 2022 07:26am

PTI assails PM for discussing army chief’s appointment with Nawaz

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) on Monday lambasted Prime Minister Shehbaz Sharif for discussing the...

Published 20 Sep, 2022 07:24am

External debt keeps piling up every year: analyst

KARACHI: In Pakistan the quantum of loan is increasing every year as the government secures new loans for the...

Published 20 Sep, 2022 07:22am

Investors mixed as Porsche seeks price tag of up to $75bn

BERLIN: Volkswagen shares hovered around breakeven on Monday, reflecting a mixed response from investors to the...

Published 20 Sep, 2022 07:20am

Decisions amid financial emergency: LHC expresses ‘doubt’ on competence of Member IR (Policy)

ISLAMABAD: The Lahore High Court (LHC) has expressed “doubt on the competence” of the Member Inland Revenue...

Published 20 Sep, 2022 06:53am

KE terms power to levy tax ‘govt domain’

KARACHI: On the matter of MUCT, a KE spokespersons said, “The authority of imposing or removal of taxes lies with...

Updated 20 Sep, 2022 09:48am

Israel says troops enter Syria to pursue ‘suspects’

OCCUPIED JERUSALEM: Israeli forces crossed into Syria on Monday and fired at four individuals who had “hurled...

Published 20 Sep, 2022 06:43am

Taliban release American engineer Frerichs in prisoner swap

KABUL: Afghanistan’s Taliban on Monday freed American engineer Mark Frerichs in exchange for an Afghan tribal...

Published 20 Sep, 2022 06:42am

German utilities close to long-term LNG deals with Qatar

LONDON/FRANKFURT: German utilities RWE and Uniper are close to striking long-term deals to buy liquefied natural gas...

Published 20 Sep, 2022 06:26am

Iran tells ICJ US illegally froze Iranian assets

THE HAGUE: Iran on Monday told judges at the International Court of Justice in The Hague that the United States had...

Updated 20 Sep, 2022 09:46am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (September 19, 2022)....

Published 20 Sep, 2022 05:51am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (September 19, 2022). ========================== KIBOR...

Published 20 Sep, 2022 05:51am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Monday (September 19, 2022). ========================...

Published 20 Sep, 2022 05:51am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Monday (September 19, 2022). ========================...

Published 20 Sep, 2022 05:51am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Monday (September 19, 2022). ======================== Offer Price 1,233.3045 ...

Published 20 Sep, 2022 05:51am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Monday (September 19, 2022). ======================== Offer Price...

Published 20 Sep, 2022 05:51am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Monday (September 19, 2022). ======================== Offer Price...

Published 20 Sep, 2022 05:51am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Monday (September 19, 2022). ======================== Offer ...

Published 20 Sep, 2022 05:51am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Monday (September 19, 2022). ======================== Offer Price...

Published 20 Sep, 2022 05:51am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Monday (September 19, 2022). ======================== Offer Price...

Published 20 Sep, 2022 05:51am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Monday (September 19, 2022). ======================== OFFER PRICE...

Published 20 Sep, 2022 05:51am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Monday (September 19, 2022). ======================== OFFER PRICE...

Published 20 Sep, 2022 05:51am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Monday (September 19, 2022). ======================== OFFER PRICE...

Published 20 Sep, 2022 05:51am

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 20 Sep, 2022 05:51am

Stocks

Last date of renunciation/payment

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

Published 20 Sep, 2022 05:51am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 20 Sep, 2022 05:51am

The Weather

KARACHI: The weather report on Monday (September 19, 2022) and the forecast for Tuesday (September 20, 2022)...

Published 20 Sep, 2022 05:51am

Switzerland signs contract for 36 US fighter jets

GENEVA: Switzerland signed a controversial contract on Monday to buy 36 US F-35 stealth fighter jets at a cost of...

Published 20 Sep, 2022 05:51am

USA

US adds cargo planes operated by Iranian airlines flying to Russia

WASHINGTON: The US Commerce Department on Monday said it will add 3 Boeing 747 airplanes operated by Iranian ...

Published 20 Sep, 2022 05:51am

CM asks NADRA to prepare system for transparent aid distribution

KARACHI: Sindh Chief Minister Syed Murad Ali Shah in his meeting with NADRA Chairman Tariq Malik urged him to ...

Published 20 Sep, 2022 05:51am

ChildLife treats 90,000 flood-affected children

KARACHI: ChildLife Foundation has provided emergency care and consultation to 90,000 flood-affected children. The...

Published 20 Sep, 2022 05:51am

Expert explains reasons behind world’s tepid response to this year’s floods

KARACHI: The international community’s response to Pakistan’s floods has been much less when compared with the...

Updated 20 Sep, 2022 09:47am

Italian consulate, others raise funds for flood-hit communities

KARACHI: Severe flooding brought on by unusually heavy rains has caused great havoc in Pakistan. The United Nations...

Published 20 Sep, 2022 05:51am

Work on $40bn Ravi City project in full swing: Imran Khan

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan said on Monday that the work on the Ravi City project,...

Published 20 Sep, 2022 05:51am

Politics as usual?

With media reports full of the flood victims’ suffering, is ‘politics as usual’ justified? Or is this a ...

Published 20 Sep, 2022 05:51am

Germany energy transition needs faster CO2 cuts from autos, industry

Two major pillars of the German economy - its mammoth car market and manufacturing sector - are clear laggards in...

Published 20 Sep, 2022 05:51am

US gas producers struggle to meet demand

US shale drillers are struggling to meet strong demand for gas from domestic generators as well as customers in...

Published 20 Sep, 2022 05:51am

Human Development Index: Pakistan falls

The UNDP Global Human Development Report for 2021-22 was released on the 8th of September. In the Human Development...

Published 20 Sep, 2022 05:51am

Stocks

Wall Street slips on rate-hike jitters

NEW YORK: Wall Street’s main indexes slipped in choppy trading on Monday, extending declines for a third straight...

Published 20 Sep, 2022 05:51am

Stocks

Gulf bourses slide on elevated interest rate worries

DUBAI: Gulf stocks ended lower on Monday amid concerns that central banks around the world are certain to increase...

Published 20 Sep, 2022 05:51am

Prohibited funding case: PTI denies wrongdoing in receiving donations from Pakistanis abroad

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Monday denied any financial wrongdoing in receiving donations from...

Published 20 Sep, 2022 05:51am

Zardari to meet Shujaat, others in Lahore

ISLAMABAD: Pakistan People’s Party (PPP) Co-Chairman Asif Ali Zardari will reach Lahore this week for a protracted...

Published 20 Sep, 2022 05:51am

Stocks

EFU Life listed among PSX Top 25 Companies for 2021

KARACHI: EFU Life Assurance Limited, leading private sector life insurance provider in Pakistan, has been recognised...

Published 20 Sep, 2022 05:51am

Locals consider migrating from Malakand areas after militancy resurfaces

ISLAMABAD: The locals of hilly areas of Malakand Division have started mulling over migrating to safer places amid...

Published 20 Sep, 2022 05:51am

Senate panel takes notice of Javed Latif’s ‘hate speech’

ISLAMABAD: The Senate Standing Committee on Information and Broadcasting on Monday took stern notice of the “hate...

Published 20 Sep, 2022 05:51am

First Public Policy Conference begins: Minister stresses need for political stability, continuity of policies

LAHORE: Federal Minister for Planning and Development Ahsan Iqbal has emphasized the need for political stability ...

Published 20 Sep, 2022 05:51am

PARTLY FACETIOUS: The Queen’s funeral

“Let me ask you one thing: had The Khan still been the Prime Minister would he have attended the Queen’s ...

Published 20 Sep, 2022 05:51am

CM nominates Maqsood as member of taskforce

LAHORE: Chief Minister Punjab Chaudhry Pervez Ellahi has nominated Ch. Maqsood Ahmad Executive Group Director Tara...

Published 20 Sep, 2022 05:51am

Secretary asks PMD to finalise sites for automatic weather stations

LAHORE: The Secretary Aviation has directed Pakistan Meteorological Department (PMD) to finalize sites for the...

Published 20 Sep, 2022 05:51am

Elahi issues guidelines for completion of development schemes

LAHORE: Punjab Chief Minister Chaudhry Parvez Elahi has asked the administrative secretaries to ensure timely and...

Published 20 Sep, 2022 05:51am

Dengue cases on the rise in Punjab

LAHORE: With decline in temperature, surge in the number of dengue cases has been witnessed and the authorities have...

Published 20 Sep, 2022 05:51am

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 20 Sep, 2022 05:51am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Monday (September 19, 2022). ======================== OFFER PRICE...

Published 20 Sep, 2022 05:51am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Monday (September 19, 2022). ======================== OFFER PRICE...

Published 20 Sep, 2022 05:51am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Monday (September 19, 2022). ======================== OFFER PRICE ...

Published 20 Sep, 2022 05:51am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Monday (September 19, 2022). ======================== OFFER PRICE...

Published 20 Sep, 2022 05:51am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Monday (September 19, 2022). ======================== OFFER PRICE...

Published 20 Sep, 2022 05:51am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Monday (September 19, 2022). ======================== OFFER PRICE...

Published 20 Sep, 2022 05:51am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Monday (September 19, 2022). ======================== OFFER PRICE...

Published 20 Sep, 2022 05:51am

Rates

Proposed right issues

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

Published 20 Sep, 2022 05:51am

Rates

Dividend/Bonus Announcements

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

Published 20 Sep, 2022 05:51am

Rates

BOARD MEETINGS

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

Published 20 Sep, 2022 05:51am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (September 19, 2022). ==================================== BR...

Published 20 Sep, 2022 05:51am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (September 19, 2022)....

Published 20 Sep, 2022 05:51am

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 20 Sep, 2022 05:51am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (September 19, 2022)....

Published 20 Sep, 2022 05:51am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (September 19, 2022)....

Published 20 Sep, 2022 05:51am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (September 19, 2022). ======================== Open Bid...

Published 20 Sep, 2022 05:51am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 19, 2022)....

Published 20 Sep, 2022 05:51am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (September 19, 2022). ======================================= Offset...

Published 20 Sep, 2022 05:51am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (September 19, 2022)...

Published 20 Sep, 2022 05:51am

Rates

LME official prices

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

Published 20 Sep, 2022 05:51am

Energy

Gas condensate discovered in Tolanj West-2 well of Kohat

KARACHI: The TAL Joint Venture has discovered gas condensate from the Lockhart formation in Tolanj West-2 ...

Published 20 Sep, 2022 05:51am

Commodities

Gold prices fall

KARACHI: Gold on Monday saw a fall in its value on the local market, traders said. On the first day of the week,...

Published 20 Sep, 2022 05:51am

Commodities

Palm oil reverses early gains

KUALA LUMPUR Malaysian palm oil futures reversed early gains to fall for a third straight session on Monday, as...

Published 20 Sep, 2022 05:51am

Commodities

Gold languishes near 29-month low

NEW YORK: Gold prices weakened on Monday, back toward a 29-month low hit on Friday, as the dollar and Treasury ...

Published 20 Sep, 2022 05:51am

Energy

Oil little changed as markets debate fed hikes and supply woes

HOUSTON: Oil prices held steady in volatile trading on Monday, as traders balanced worries about tight supplies with...

Published 20 Sep, 2022 05:51am

Commodities

Copper slips on gloomy demand prospects ahead of Fed rate decision

LONDON: Copper prices slipped on Monday as worries about global demand were reinforced by expectations the US ...

Published 20 Sep, 2022 05:51am

Commodities

Paris wheat falls as Black Sea export competition intensifies

HAMBURG: European wheat futures fell sharply on Monday, pressured by increasing shipments of Ukrainian grain through...

Published 20 Sep, 2022 05:51am

Cotton & Textile

Cotton’s spot rate sheds Rs300 amid steady trading

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Monday decreased the spot rate by Rs 300...

Published 20 Sep, 2022 05:51am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Monday (September 19, 2022)....

Published 20 Sep, 2022 05:51am

Activities of Karachi Port and Port Qasim

Rates

Stocks fall on lack of triggers

KARACHI: Despite foreign buying, Pakistan Stock Exchange Monday closed on negative note due to selling by local...

Published 20 Sep, 2022 05:51am

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
Petrol/Litre / Jan 30	256.13
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Diesel/Litre / Jan 30	260.95

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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