News Archives for Print - 2022-11-03

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Print - 2022-11-03

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Wednesday (November 02, 2022). ======================== OFFER PRICE...

Published 03 Nov, 2022 07:08am

CM approves setting up of theme park in Safari Zoo Lahore

LAHORE: The Punjab government to upgrade the recreational facilities in the provincial capital has given go ahead ...

Published 03 Nov, 2022 06:56am

Industry

LCCI holds session on Punjab Rozgar Scheme

LAHORE: The Lahore Chamber of Commerce and Industry on Wednesday organized a session on “Punjab Rozgar Scheme” ...

Published 03 Nov, 2022 06:55am

Industry

Chinese team visits PCJCCI offices

LAHORE: The Chinese delegation led by Gao Qiang, Vice President of Sinovac Global met S M Naveed, Chairman Special...

Published 03 Nov, 2022 06:55am

Negligence at work: Action to be initiated against dengue workers

LAHORE: The Provincial Dengue Monitoring Committee has decided to take action against dengue workers who commit...

Published 03 Nov, 2022 06:53am

Seven low-carbon Pakistani projects part of CFA: British HC

ISLAMABAD: The UK has announced that seven innovative low-carbon projects from across Pakistan will be part of the...

Published 03 Nov, 2022 06:52am

President approves two bills

ISLAMABAD: President Dr Arif Alvi, Wednesday, assented to “The Inter-Governmental Commercial Transactions Bill,...

Published 03 Nov, 2022 06:49am

Amendment in FIA Act: Rana vows to hold consultation with stakeholders

ISLAMABAD: Interior Minister Rana Sanaullah on Wednesday said that the government will hold a consultation with ...

Published 03 Nov, 2022 06:46am

COAS lauds troops

RAWALPINDI: Chief of Army Staff (COAS) General Qamar Javed Bajwa visited Headquarters Army Strategic Forces Command...

Published 03 Nov, 2022 06:45am

Speaker rejects reference about Zardari’s disqualification

ISLAMABAD: National Assembly Speaker Raja Pervaiz Ashraf rejected the question of disqualification filed against...

Published 03 Nov, 2022 06:45am

Sherry informs journalists: PM to highlight damages caused by floods at Egypt conference

ISLAMABAD: Federal Minister for Climate Change Senator Sherry Rehman on Wednesday said that Prime Minister Shehbaz...

Published 03 Nov, 2022 06:43am

NOC for PTI rally: IHC issues notice to Islamabad administration

ISLAMABAD: The Islamabad High Court (IHC), Wednesday, issued notices to the Islamabad administration in Pakistan...

Published 03 Nov, 2022 06:42am

Qatar rejects compensation fund for World Cup migrant workers

DOHA: Qatar has rejected calls for a compensation fund for migrant workers killed or injured during World Cup...

Published 03 Nov, 2022 05:50am

‘Breach of undertaking’: SC seeks explanation from Imran Khan

ISLAMABAD: The Supreme Court on Wednesday directed Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan to file a...

Published 03 Nov, 2022 05:50am

Imran vows to chase ‘thieves’ all his life

GAKHAR MANDI: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has asked from ‘neutrals’ if they have decided...

Published 03 Nov, 2022 05:50am

PESD rescued 130,000 people from emergencies in October

LAHORE: The Punjab Emergency Service Department (PESD) rescued 130213 victims while responding to 135321 emergencies...

Published 03 Nov, 2022 05:50am

Punjab govt questions veracity of satellite images taken by SUPARCO

LAHORE: The Punjab government has questioned the veracity of satellite images of temperature anomaly-based spots...

Published 03 Nov, 2022 05:50am

A tale of two siblings

Monday on October 31, 2022, Chandrasakeran, the Chairman of Tata Sons of India, announced the following: “It is...

Published 03 Nov, 2022 05:50am

‘PIMEC 2023’can help jump-start maritime sector

Oceans remain an important component of our planet having countless marine species and vast sea bed resources. They...

Published 03 Nov, 2022 05:50am

AOG, NFEH, CSR Club sign MoUs to help genuine charities in Pakistan

KARACHI: The Art of Giving (AOG) organised its first-ever open house at the Port Grand to provide an opportunity for...

Published 03 Nov, 2022 05:50am

Khamenei accuses US of trying to get Iranians to follow ‘enemy’

TEHRAN: Iran’s supreme leader Ayatollah Ali Khamenei on Wednesday accused the United States of seeking to...

Published 03 Nov, 2022 05:50am

North Korea fires more than 20 missiles, one close to South

SEOUL: North Korea fired more than 20 missiles Wednesday, including one that landed close to South Korea’s waters...

Published 03 Nov, 2022 05:50am

Europe

Putin says Russia could leave grain deal again if Ukraine ‘violates’ guarantees

MOSCOW: Russian President Vladimir Putin on Wednesday threatened to leave the Ukraine grain deal again if Kyiv...

Published 03 Nov, 2022 05:50am

Alvi urges Pakistanis abroad to contribute more for progress

ISLAMABAD: President Dr Arif Alvi has called upon overseas Pakistanis to contribute more by sharing their intellect,...

Published 03 Nov, 2022 05:50am

Flood victims: Dawlance employees donates generous amount to Indus Hospital

KARACHI: Dawlance is an industry-leading enterprise in Pakistan with a generous Corporate Social Responsibility...

Published 03 Nov, 2022 05:50am

Alkhidmat starts rebuilding houses in affected areas: Flood victims staying at Sehwan camp begin returning to their villages

KARACHI: Flood affectees have begun returning to their native areas after staying for two months at a makeshift tent...

Published 03 Nov, 2022 05:50am

Hashish, non-duty paid cars seized

KARACHI: The Customs Collectorate Quetta Enforcement has seized hashish worth Rs 80 million and non-duty paid cars...

Published 03 Nov, 2022 05:50am

Hearing of money laundering, Park Lane cases adjourned

ISLAMABAD: The Accountability Court on Wednesday adjourned the hearing of mega money laundering and Park Lane cases...

Published 03 Nov, 2022 05:50am

Imran will not get any ‘face-saving’, says minister

LAHORE: Federal Minister Mian Javed Latif said on Wednesday that the government led by Prime Minister Shehbaz Sharif...

Published 03 Nov, 2022 05:50am

Companies

Telenor hosts discussion on ‘safety in supply chain’

ISLAMABAD: Telenor Pakistan hosted an event on “Safety in Supply Chain”, where industry experts deliberated on...

Published 03 Nov, 2022 05:50am

The Weather

KARACHI: The weather report on Wednesday (November 02, 2022) and the forecast for Thursday (November 03, 2022)...

Published 03 Nov, 2022 05:50am

Rates

Stocks stay in green zone

KARACHI: Pakistan Stock Exchange Wednesday witnessed a positive trend as the market remained in green territory for...

Published 03 Nov, 2022 05:50am

Global economy and challenges for Pakistan

The following two paragraphs from the World Economic Outlook, October 2022, neatly sum up the challenges facing the...

Published 03 Nov, 2022 05:50am

PARTLY FACETIOUS: ‘Daddy is great and daddy will return’

“I am a swing voter.” “Ooops.” “What?” “That makes you neutral and there is no room for neutrality...

Published 03 Nov, 2022 05:50am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 116,851 tonnes of cargo comprising 62,697 tonnes of import cargo and 54,154...

Published 03 Nov, 2022 05:50am

Stocks

China and HK stocks extend gains

HONG KONG: China and Hong Kong stocks ended higher for a second session on Wednesday, driven by upbeat remarks by...

Published 03 Nov, 2022 05:50am

Stocks

European shares lose steam on caution ahead of Fed move

BENGALURU: European shares gave up early gains and closed lower on Wednesday as investors exercised some caution...

Published 03 Nov, 2022 05:50am

Stocks

Wall St slips as investors await Fed rate decision

NEW YORK: Wall Street’s main indexes fell on Wednesday, as data providing further evidence of a strong labor ...

Published 03 Nov, 2022 05:50am

Democracy hasn’t worked either

A lot of young people high on revolution as they march towards Islamabad on Imran Khan’s bandwagon don’t seem to...

Published 03 Nov, 2022 05:50am

Rates

LME official prices

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

Published 03 Nov, 2022 05:50am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (November 02, 2022). =======================================...

Published 03 Nov, 2022 05:50am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 02, 2022)....

Published 03 Nov, 2022 05:50am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Wednesday (November 02, 2022)....

Updated 03 Nov, 2022 07:02am

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 03 Nov, 2022 05:50am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Wednesday (November 02, 2022)....

Published 03 Nov, 2022 05:50am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 03 Nov, 2022 05:50am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (November 02, 2022). ====================================...

Published 03 Nov, 2022 05:50am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 03 Nov, 2022 05:50am

Rates

BOARD MEETINGS

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

Published 03 Nov, 2022 05:50am

Rates

Dividend/Bonus Announcements

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

Published 03 Nov, 2022 05:50am

Stocks

Last date of renunciation/payment

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

Published 03 Nov, 2022 05:50am

Rates

Proposed right issues

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

Published 03 Nov, 2022 05:50am

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 03 Nov, 2022 05:50am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Wednesday (November 02, 2022). ======================== OFFER ...

Published 03 Nov, 2022 05:50am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (November 02, 2022). ======================== OFFER PRICE...

Published 03 Nov, 2022 05:50am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Wednesday (November 02, 2022). ======================== OFFER PRICE...

Published 03 Nov, 2022 05:50am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Wednesday (November 02, 2022). ======================== OFFER PRICE...

Published 03 Nov, 2022 05:50am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Wednesday (November 02, 2022). ======================== OFFER PRICE...

Published 03 Nov, 2022 05:50am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (November 02, 2022). ======================== OFFER PRICE...

Published 03 Nov, 2022 05:50am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (November 02, 2022). ======================== OFFER PRICE...

Published 03 Nov, 2022 05:50am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Wednesday (November 02, 2022). ======================== OFFER PRICE...

Published 03 Nov, 2022 05:50am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Wednesday (November 02, 2022). ======================== OFFER PRICE...

Published 03 Nov, 2022 05:50am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (November 02, 2022). ========================== ...

Published 03 Nov, 2022 05:50am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (November 02, 2022)....

Published 03 Nov, 2022 05:50am

Wood, timber import: certain conditions suspended

ISLAMABAD: The government has suspended import conditions for certain categories of timber and wood till March 31,...

Updated 03 Nov, 2022 09:43am

Fed delivers big rate hike

WASHINGTON: The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it...

Updated 03 Nov, 2022 09:41am

RMB clearance: SBP signs MoU with Chinese bank

KARACHI: The State Bank of Pakistan (SBP) and Peoples Bank of China (PBoC) signed a Memorandum of Understanding...

Updated 03 Nov, 2022 09:53am

Power sector: Circular debt touching Rs2.6trn mark

ISLAMABAD: The country’s power sector’s circular debt is reportedly touching Rs 2.6 trillion mark at present against...

Updated 03 Nov, 2022 09:54am

China to help stabilise Pak economy: Xi

BEIJING: China will continue to support Pakistan as it tries to stabilise its financial situation, state media...

Updated 03 Nov, 2022 09:55am

Jul-Oct trade deficit narrows down 26.59pc

ISLAMABAD: The country’s trade deficit narrowed down by 26.59 percent to $11.469 billion during the first four...

Updated 03 Nov, 2022 09:56am

Modarabas: NA body voices its concerns over fraudulent schemes

ISLAMABAD: National Assembly Standing Committee on Finance, Wednesday, raised serious concern over the fraudulent...

Updated 03 Nov, 2022 09:44am

SC terms ICSID award in Reko Diq case a ‘nuclear bomb’

ISLAMABAD: The Supreme Court on Wednesday noted that the International Centre for Settlement of Investment Dispute...

Updated 03 Nov, 2022 09:41am

Energy

Malik Tahseen takes charge as chairman of FESCO board

FAISALABAD: Malik Muhammad Tahseen Alvi has taken over the charge as new chairman of Faisalabad Electric Supply...

Published 03 Nov, 2022 05:50am

Commodities

Dalian, Singapore iron ore futures climb

MANILA: Dalian and Singapore iron ore futures rose on Wednesday, as China’s central bank chief expressed hopes for...

Published 03 Nov, 2022 05:50am

Commodities

Japanese rubber futures drop on global slowdown fears

SINGAPORE: Japanese rubber futures fell on Wednesday, as concerns over a global economic slowdown weighed on...

Published 03 Nov, 2022 05:50am

Commodities

PMEX daily trading report

KARACHI: On Tuesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.203...

Published 03 Nov, 2022 05:50am

Energy

380-cst HSFO firms while VLSFO slumps further

SINGAPORE: The spot premium for 380-cst high sulphur fuel oil (HSFO) rose for a fourth straight session on ...

Published 03 Nov, 2022 05:50am

Energy

US natgas jumps in volatile week

NEW YORK: US natural gas futures jumped about 7% on Wednesday during what has already been an extremely volatile ...

Published 03 Nov, 2022 05:50am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday (November 02, 2022)....

Published 03 Nov, 2022 05:50am

Cotton & Textile

Cotton spot rate unchanged

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

Published 03 Nov, 2022 05:50am

Commodities

Raw sugar futures fall, arabica regains ground

LONDON: Raw sugar futures on ICE fell on Wednesday amid strong Brazilian exports, while arabica coffee prices...

Published 03 Nov, 2022 05:50am

Commodities

Copper stuck between factory slump and China demand hopes

LONDON: Copper prices held steady on Wednesday as rising expectations that China will ease COVID-19 controls next...

Published 03 Nov, 2022 05:50am

Energy

Oil prices rise before expected Fed rate hike

NEW YORK: Oil prices rose on Wednesday before an expected rate hike by the Federal Reserve, supported by another...

Published 03 Nov, 2022 05:50am

Commodities

Gold firms as dollar eases in run-up to Fed verdict

NEW YORK: Gold prices edged higher on Wednesday helped by a weaker dollar, while investors held back from making...

Published 03 Nov, 2022 05:50am

Commodities

Palm oil climbs to near 12-week high on supply woes

KUALA LUMPUR: Malaysian palm oil futures ended higher for a third session on Wednesday, logging a near 12-week high...

Published 03 Nov, 2022 05:50am

Energy

Oil sales increase by 9pc MoM

KARACHI: Pakistan oil sales in October 2022 increased by 9.0 percent on month-on-month basis to 1.66 million tons...

Published 03 Nov, 2022 05:50am

Commodities

China expands coal term contracts to all mines to stabilise market

SINGAPORE: China has expanded long-term thermal coal supply contracts for 2023 to all coal mines and asked power...

Published 03 Nov, 2022 05:50am

Commodities

Rubber futures fall on global slowdown fears

SINGAPORE: Japanese rubber futures fell on Wednesday, as concerns over a global economic slowdown weighed on...

Published 03 Nov, 2022 05:50am

Commodities

Gold prices up

KARACHI: Gold prices on Wednesday inched up on the local market, traders said. Up by Rs 450 and Rs 386, the...

Published 03 Nov, 2022 05:50am

Energy

PD suspends tank lorries’ upgradation till inception of White Oil Pipeline

ISLAMABAD: The Petroleum Division has suspended the upgradation of tank lorries for transportation of highly...

Published 03 Nov, 2022 05:50am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (November 02, 2022)...

Published 03 Nov, 2022 05:50am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (November 02, 2022). ======================== Open ...

Published 03 Nov, 2022 05:50am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (November 02, 2022)....

Published 03 Nov, 2022 05:50am

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 03 Nov, 2022 05:50am

Forex

Open market rates of foreign currencies

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

Published 03 Nov, 2022 05:50am

Investment in solar, water, other projects: Leading Chinese firms accept PM’s offer

Shehbaz encourages them to invest in Pakistan’s alternative energy resources including the wind turbine power plants

Updated 03 Nov, 2022 09:58am

Shounter hydropower project: Saudi Fund’s financing available, Ecnec told

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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