News Archives for Print - 2022-09-24

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Print - 2022-09-24

SPI inflation down 8.11pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended September 22 recorded a...

Published 24 Sep, 2022 03:49am

Forex

$2,000 and above: Exchange Companies must conduct sale transactions through banking channels: SBP

KARACHI: In order to further strengthen the regulatory regime for Exchange Companies and promote the banking...

Updated 24 Sep, 2022 10:37am

Bilawal terms floods in Pakistan direct result of extreme weather patterns

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari addressed the Council on Foreign Relations Friday. He underlined...

Published 24 Sep, 2022 03:49am

PM seeks ‘substantial’ debt relief

NEW YORK: Prime Minister Shehbaz Sharif has made an urgent appeal to the international donors and rich countries for...

Published 24 Sep, 2022 03:49am

Talk on ‘Jinnah and the idea of a modern nation state’

KARACHI: Yasser Latif Hamdani a well-known human right barrister, and the author of ‘Jinnah: A Life’ on Friday...

Published 24 Sep, 2022 03:49am

Floods in Pakistan: Restructuring of external debts on soft terms needed: FPCCI

KARACHI: President FPCCI Irfan Iqbal Sheikh said that all bilateral and multilateral external debts of Pakistan need...

Published 24 Sep, 2022 03:49am

World continues sending assistance

ISLAMABAD: The world community continues to send humanitarian relief assistance to held the flood victims of...

Published 24 Sep, 2022 03:49am

President Alvi urges banks to provide timely relief to victims of bank frauds

ISLAMABAD: President Dr Arif Alvi urged the private banks to provide timely relief to victims of bank frauds, comply...

Published 24 Sep, 2022 03:49am

PFA confiscates 9,600 litre rancid oil

LAHORE: The Punjab Food Authority (PFA) has thwarted an attempt to supply a consignment of 9,600 litre untraceable...

Published 24 Sep, 2022 03:49am

Pakistan to construct Pak-Afghan railway track connecting CARs

ISLAMABAD: To connect with the Central Asian Republics (CARs), Pakistan is seriously considering the construction of...

Published 24 Sep, 2022 03:49am

Need stressed to promote modern agriculture

LAHORE: Pakistan needs an integrated strategy to promote and make popular digital and precision agriculture in the...

Published 24 Sep, 2022 03:49am

Companies

MD SAP apprise impact, contribution of SAP’s operations in Pakistan

ISLAMABAD: Saquib Ahmad, Country Managing Director, SAP Pakistan, held a media meet-up to apprise the press of the...

Published 24 Sep, 2022 03:49am

KP CM directs crackdown on drug peddlers

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Mahmood Khan has directed crackdown on drug trafficking throughout the...

Published 24 Sep, 2022 03:49am

IHC reserves verdict on Shireen Mazari’s petition against Section 124-A

ISLAMABAD: The Islamabad High Court (IHC), Friday, reserved its verdict on Pakistan Tehreek-e-Insaf (PTI) leader...

Published 24 Sep, 2022 03:49am

Calculation of pension: Finance Division issues directive on annual increment

ISLAMABAD: Finance Division has stated that a civil servant is entitled to the usual annual increment for the ...

Updated 24 Sep, 2022 12:05pm

Dengue outbreak warned in 10 big cities, inundated areas

KARACHI: The outbreak of dengue viral fever may infect people in the flood-hit areas of the country including 10...

Published 24 Sep, 2022 03:49am

Alkhidmat sends tons of more relief goods to flood victims

KARACHI: Alkhidmat Karachi has sent its 25th consignment of aid goods as part of its relief operation to the...

Published 24 Sep, 2022 03:49am

Japan chasing its tail on yen intervention

As the Bank of Japan steps into currency markets for the first time in decades to defend a battered yen, it is...

Published 24 Sep, 2022 03:49am

Russian supply uncertainty weighs on aluminium market

When aluminium hit its all-time high of $4,073.50 per tonne in March, it did so in direct reaction to Russia’s...

Published 24 Sep, 2022 03:49am

IMF’s questionable approach to govts

Minister of State for Finance and Revenue, Dr Aisha Ghaus Pasha, while addressing an event at the Lahore Chamber of...

Published 24 Sep, 2022 03:49am

Political impasse can be ended only through dialogue: CJP

ISLAMABAD: Chief Justice of Pakistan Umar Ata Bandial said a purely political impasse does not have legal solutions...

Published 24 Sep, 2022 03:49am

Ayaz Amir’s son arrested after wife found dead

ISLAMABAD: In a gruesome murder incident, Shah Nawaz, a 37-year-old-man, identified as the son of senior journalist...

Published 24 Sep, 2022 03:49am

Disputes related to Senate polls: Amendment to ‘Rule 9’ in rules of business proposed

ISLAMABAD: The Senate Committee on Rules of Procedure and Privileges discussed the proposed amendment to Rule 9 and...

Published 24 Sep, 2022 03:49am

Law & order situation in: Swat under control, parliamentary panel told

ISLAMABAD: The security institutions assured a parliamentary panel that the law and order situation in Swat is under...

Published 24 Sep, 2022 03:49am

Ashiana-i-Iqbal case: PM granted exemption from making appearance

LAHORE: An accountability court on Friday granted permanent exemption from personal appearance to Prime Minister...

Published 24 Sep, 2022 03:49am

Punjab govt approves 12 development schemes

LAHORE: The Punjab government has approved 12 development schemes of various sectors worth over Rs 43 billion. ...

Published 24 Sep, 2022 03:49am

WB, Punjab govt agree to expand cooperation in various fields

LAHORE: A World Bank delegation led by its Country Director Najy Benhassine met with Punjab Chief Minister Chaudhry...

Published 24 Sep, 2022 03:49am

18 motorcycles distributed to staff of Faisalabad Parking Company

FAISALABAD: As many as 18 (125 and CD-70) motorcycles were distributed to the staff for further increase the...

Published 24 Sep, 2022 03:49am

PARTLY FACETIOUS: The Khan team vs the 11-party coalition govt

“So was the cricket match held between The Khan team and the Eleven Coalition Parties?” “The Dentist hath...

Published 24 Sep, 2022 03:49am

Move to tackle smog issue: Punjab govt appoints focal persons

LAHORE: The Punjab government on Thursday appointed focal persons to initiate joint anti-smog activities of Punjab...

Published 24 Sep, 2022 03:49am

Food crisis looming large, warns PIAF

LAHORE: The Pakistan Industrial & Traders Associations Front, Chambers of Commerce and Industry’s Businessmen...

Published 24 Sep, 2022 03:49am

Army chief visits flood-hit Badin

KARACHI: Chief of Army Staff (COAS), General Qamar Javed Bajwa visited flood-hit areas of Badin on Friday. The COAS...

Published 24 Sep, 2022 03:49am

High-level French delegation to visit Pakistan soon

ISLAMABAD: France is dispatching a high-level official delegation to Islamabad soon to discuss different avenues of...

Published 24 Sep, 2022 03:49am

Chinese ambassador calls on Dastgir

ISLAMABAD: Chinese Ambassador to Pakistan Nong Rong called on Federal Minister for Power Engr Khurram Dastgir Khan...

Published 24 Sep, 2022 03:49am

The Weather

KARACHI: The weather report on Friday (September 23, 2022) and the forecast for Saturday (September 24, 2022)...

Published 24 Sep, 2022 03:49am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 24 Sep, 2022 03:49am

Stocks

Last date of renunciation/payment

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

Published 24 Sep, 2022 03:49am

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 Sep, 2022 03:49am

Rates

JLI MANAGED TAKAFUL FUND

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

Published 24 Sep, 2022 03:49am

Rates

JLI YAQEEN GROWTH FUND RATES

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

Published 24 Sep, 2022 03:49am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (September 23, 2022). ======================== Offer Price 1,231.7149 ...

Published 24 Sep, 2022 03:49am

Rates

JLI Capital Growth Fund Rates

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

Published 24 Sep, 2022 03:49am

Rates

JLI Managed Growth Fund Rates

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

Published 24 Sep, 2022 03:49am

Rates

Equities extend losses

KARACHI: Pakistan Stock Exchange Friday witnessed a mixed trend as bulls and bears fought for the dominance all day...

Published 24 Sep, 2022 03:49am

Apparently on PM’s debt relief plea: Pakistan’s dollar bonds plunge

KARACHI: Pakistan’s dollar bond maturing in 2022 fell by 12 percent on Friday whereas dollar bond maturing in 2024...

Updated 24 Sep, 2022 10:12am

Debt relief requests won’t include commercial creditors: Miftah

NEW YORK: Pakistan’s finance minister said on Friday the South Asian nation was seeking debt relief from bilateral...

Updated 24 Sep, 2022 10:13am

Pakistan’s dire floods signal global climate crisis, PM tells UN

Urges justice for developing nations that bear little responsibility for warming

Updated 24 Sep, 2022 10:19am

AC suspends arrest warrants for Dar

ISLAMABAD: The Accountability Court on Friday, suspended the arrest warrants of Pakistan Muslim League-Nawaz (PML-N)...

Updated 24 Sep, 2022 10:13am

Nawaz seeks acquittal

LAHORE: Former Prime Minister and leader of PML-N has asked an accountability court to stop to proceed in a...

Updated 24 Sep, 2022 10:14am

Imran Khan speaks to girl students, steps up criticism of govt

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Friday said that the country has been taken over by...

Updated 24 Sep, 2022 10:07am

T5HP: WB agrees to amend IBRD, AIIB loan agreements

ISLAMABAD: The World Bank (WB) has agreed to amend both IBRD and AIIB loan agreements to facilitate payment of all...

Updated 24 Sep, 2022 10:14am

Import of bulletproof vehicles: Army top-brass to get duty, tax relief after retirement

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to allow the exemption of duties and taxes on the import ...

Updated 24 Sep, 2022 12:50pm

There’s no plan to raise GST on POL products: official

ISLAMABAD: The government has no plan to increase the general sales tax (GST) on petroleum products, however...

Updated 24 Sep, 2022 10:15am

OGDCL announces financial results for FY2021-22

ISLAMABAD: The Board of Directors of Oil & Gas Development Company Limited (OGDCL) in its meeting held on 22nd...

Published 24 Sep, 2022 03:49am

Energy

NEPRA to grant exemption of MDI for temporarily closed Steel Melter Furnaces.

ISLAMABAD: A delegation headed by Mian Ahmed Hassan, Chairman Pakistan Steel Melters Association met Chairman NEPRA,...

Published 24 Sep, 2022 03:49am

Deprived of education

EDITORIAL: A year after the Taliban swept to power in Afghanistan the girls secondary schools remain shut. Head of...

Published 24 Sep, 2022 03:49am

Showdown looms in Islamabad

EDITORIAL: PTI (Pakistan Tehreek-e-Insaf) Chairman Imran Khan seems pretty certain that his call to march on the...

Published 24 Sep, 2022 03:49am

Utterly contemptible and unforgivable

EDITORIAL: The fact that successive governments were simply unable to find Rs 96 billion in fiscal space for a flood...

Published 24 Sep, 2022 03:49am

Commodities

Gold prices down

KARACHI: Gold prices on Friday witnessed a sizeable loss on the local market, traders said. They reduced by Rs850 to...

Published 24 Sep, 2022 03:49am

Cotton & Textile

Cotton market remains easy; trading volume satisfactory

Cotton...

Published 24 Sep, 2022 03:49am

Piqued by the rupee slide, KCCI chief underscores need for fixing economy

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI), Muhammad Idrees while highlighting the impact...

Published 24 Sep, 2022 03:49am

Taxes

FBR hasn’t removed ‘technical glitches, illegalities’ from IT return form: KTBA

KARACHI: A large number of taxpayers is unlikely to submit income tax returns till the deadline (September 30, 2022)...

Published 24 Sep, 2022 03:49am

Energy

Ogra report: SNGPL, SSGC give connections to 467,054 new consumers in FY21

ISLAMABAD: State-owned gas companies – Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company...

Published 24 Sep, 2022 03:49am

Forex

Dollar's rate in interbank market

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

Published 24 Sep, 2022 03:49am

Forex

Kerb buying and selling rate of US dollar

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

Published 24 Sep, 2022 03:49am

Rates

Revised Rates of Debt Securities

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

Published 24 Sep, 2022 03:49am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (September 23, 2022). ==================================== BR...

Published 24 Sep, 2022 03:49am

Rates

BOARD MEETINGS

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

Published 24 Sep, 2022 03:49am

Rates

Proposed right issues

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

Published 24 Sep, 2022 03:49am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

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

Published 24 Sep, 2022 03:49am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

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

Published 24 Sep, 2022 03:49am

Rates

EFU TAKAFUL GROWTH FUND RATES

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

Published 24 Sep, 2022 03:49am

Rates

EFU INCOME GROWTH FUND

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

Published 24 Sep, 2022 03:49am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (September 23, 2022). ======================== OFFER PRICE ...

Published 24 Sep, 2022 03:49am

Rates

EFU GUARANTEED GROWTH FUND RATES

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

Published 24 Sep, 2022 03:49am

Rates

EFU Aitemad Growth Fund Rates

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

Published 24 Sep, 2022 03:49am

Rates

EFU Capital Growth Fund Rates

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

Published 24 Sep, 2022 03:49am

Rates

EFU Pension Growth Fund Rates

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

Published 24 Sep, 2022 03:49am

Rates

EFU Managed Growth Fund Rates

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

Published 24 Sep, 2022 03:49am

Rates

JLI TAKAFUL INCOME FUND

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

Published 24 Sep, 2022 03:49am

Rates

JLI TAKAFUL BALANCE FUND

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

Published 24 Sep, 2022 03:49am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

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

Published 24 Sep, 2022 03:49am

Companies

NCCPL, SZABIST sign MoU

KARACHI: National Clearing Company of Pakistan Limited (NCCPL) and Shaheed Zulfiqar Ali Bhutto Institute of Science...

Published 24 Sep, 2022 03:49am

Companies

NESPAK ranked 13th among top 20 non-US firms

LAHORE: NESPAK, under the leadership of Managing Director Dr Tahir Masood, has been ranked for the fourth ...

Published 24 Sep, 2022 03:49am

Industry

SECP notifies regulatory framework

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified the regulatory framework for...

Published 24 Sep, 2022 03:49am

Industry

Shariah Compliant Collective Investment Schemes: PQAMCL says SECP has accorded approval to launch

KARACHI: Pak-Qatar Asset Management Company Limited (PQAMCL) recently announced that SECP has accorded approval to...

Published 24 Sep, 2022 03:49am

FT cites a purported UN policy memo: Pakistan should suspend debt repayments

ISLAMABAD: Pakistan should suspend international debt repayments and restructure loans with creditors after recent...

Updated 24 Sep, 2022 10:12am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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