News Archives for Print - 2022-11-22

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Print - 2022-11-22

The Weather

KARACHI: The weather report on Monday (November 21, 2022) and the forecast for Tuesday (November 22, 2022)...

Published 22 Nov, 2022 03:23am

Commodities

Palm oil firms as exports rise, ringgit falls

JAKARTA: Malaysian palm oil futures closed higher on Monday after dropping to more than a month’s low earlier in...

Published 22 Nov, 2022 03:23am

Commodities

EU wheat mixed with exports in focus

PARIS: Euronext wheat futures were mixed on Monday, with front-month futures again supported by export demand and...

Published 22 Nov, 2022 03:23am

Commodities

New China Covid curbs push copper to two-week low

LONDON: Copper prices slid to their lowest in more than two weeks on Monday, pressured by fresh COVID curbs in top...

Published 22 Nov, 2022 03:23am

Commodities

Gold slips

NEW YORK: Gold prices slipped to their lowest in over a week on Monday as the dollar extended gains, while the...

Published 22 Nov, 2022 03:23am

Commodities

Russian wheat prices down

MOSCOW: Russian wheat prices fell last week amid an extension of the Black Sea deal allowing Ukrainian grain...

Published 22 Nov, 2022 03:23am

Industry

Severe liquidity crunch adversely affecting textile exports: PRGMEA

LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has said that the severe...

Published 22 Nov, 2022 03:23am

Taxes

Trainee FBR officers get paltry mess allowance

LAHORE: The under-training Federal Board of Revenue (FBR) officers are getting less than one and a half dollars per...

Published 22 Nov, 2022 03:23am

Punjab OPC’s deputy chief tells IK of preparations for ‘march’

LAHORE Vice-Chairperson Punjab Overseas Pakistanis Commission Makhdoom Syed Tariq Mehmood-ul-Hassan met Chairman...

Published 22 Nov, 2022 03:23am

HRCP worried over court ruling in Parween’s murder case

LAHORE: The Human Rights Commission of Pakistan (HRCP) has expressed its dissatisfaction over the acquittal of all...

Published 22 Nov, 2022 03:23am

Supporters to reach Pindi on 25th: PTI’s top minds formulate strategies ahead of ‘long march’

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Vice Chairman Shah Mahmood Qureshi has said that the PTI is demanding...

Published 22 Nov, 2022 03:23am

Industry

SEZA chairman calls for regional connectivity to enhance trade

LAHORE: Chairman Special Economic Zones Authority (SEZA) Govt of Punjab and former President of Pakistan China Joint...

Published 22 Nov, 2022 03:23am

Green Development Project: World Bank to provide soft loan of $200m to Punjab

LAHORE: The World Bank will give a soft loan of $200 million to the Punjab government for the ‘Green Development...

Published 22 Nov, 2022 03:23am

Squad for England Test series announced

LAHORE: Mystery spinner Abrar Ahmed and pacer Mohammad Ali have been rewarded for their strong first-class...

Published 22 Nov, 2022 03:23am

World Food Programme gives Lebanon $5.4bn for citizens, Syrians

BEIRUT: Crisis-hit Lebanon has secured $5.4 billion in aid over three years from the UN’s World Food Programme...

Published 22 Nov, 2022 03:23am

Europe

French govt slashes unemployment benefits

PARIS: The French government said Monday that jobseekers would see the amount of time they can claim benefits cut by...

Published 22 Nov, 2022 03:23am

Iran players feeling strain of protests, says coach Queiroz

DOHA: Carlos Queiroz admitted Iran’s players are feeling the strain of protests in the Islamic republic after they...

Published 22 Nov, 2022 03:23am

Harris vows ‘unwavering’ commitment to Philippines

MANILA: The United States has an “unwavering” commitment to the Philippines, US Vice President Kamala Harris ...

Published 22 Nov, 2022 03:23am

PTI senators mount rally against ‘torture inflicted on Swati’

ISLAMABAD: The senators of Pakistan Tehreek-e-Insaf (PTI) on Monday held a protest rally from the Parliament House ...

Published 22 Nov, 2022 03:23am

100 visas issued to Indian Hindu pilgrims

ISLAMABAD: Pakistan High Commission in New Delhi on Monday issued 100 visas to Indian Hindu pilgrims for visiting...

Published 22 Nov, 2022 03:23am

Cold & dry weather likely

KARACHI: Punjab’s plan districts are expected to witness foggy weather conditions during morning hours on Tuesday,...

Published 22 Nov, 2022 03:23am

Amicus curiae tells SC how Reko Diq settlement benefits country

ISLAMABAD: The Supreme Court was apprised that successful Reko Diq settlement will restore Pakistan’s ...

Published 22 Nov, 2022 03:23am

FO rejects baseless charges levelled by Indian leaders

ISLAMABAD: Pakistan on Monday rejected baseless propaganda and irresponsible remarks by Indian leadership at the...

Published 22 Nov, 2022 03:23am

Narowal Sports City: IPC ministry and PSB directed to submit PC-1 on 30th

ISLAMABAD: Federal Minister Planning, Development and Special Initiatives Ahsan Iqbal Monday directed the Ministry ...

Published 22 Nov, 2022 03:23am

Petition against Imran Khan dismissed

LAHORE: A sessions’ court on Monday dismissed a petition seeking registration of a case against former Prime...

Published 22 Nov, 2022 03:23am

Verdict reserved on acquittal plea of Dar, others

ISLAMABAD: An accountability court on Monday reserved judgment on applications seeking the acquittal of Finance...

Published 22 Nov, 2022 03:23am

Rohde & Schwarz terms IDEAS 2022 successful exhibition

KARACHI: The German technology company Rohde & Schwarz participated in the International Defence Exhibition and...

Published 22 Nov, 2022 03:23am

PTA blocks 4.39m grey SIMs in two years

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has identified and blocked 4,395,566 SIMs suspected to be...

Published 22 Nov, 2022 03:23am

Petition challenging ECP’s powers referred to LHC CJ

LAHORE: Justice Abid Aziz Sheikh of the Lahore High Court on Monday referred a petition to the chief justice for...

Published 22 Nov, 2022 03:23am

Terrorism case: ATC extends Imran’s interim bail

ISLAMABAD: The Anti-Terrorism Court (ATC) on Monday extended the interim bail of the Pakistan Tehreek-e-Insaf (PTI)...

Published 22 Nov, 2022 03:23am

Shallow quake kills 162, injures hundreds on Indonesia’s Java island

CIANJUR: A shallow 5.6-magnitude earthquake killed at least 162 people, with hundreds injured and others missing,...

Published 22 Nov, 2022 03:23am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (November 21, 2022)....

Published 22 Nov, 2022 03:23am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (November 21, 2022). ========================== KIBOR...

Published 22 Nov, 2022 03:23am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Monday (November 21, 2022). ========================...

Published 22 Nov, 2022 03:23am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Monday (November 21, 2022). ========================...

Published 22 Nov, 2022 03:23am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Monday (November 21, 2022). ======================== Offer Price 1,263.4533 Bid...

Published 22 Nov, 2022 03:23am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Monday (November 21, 2022). ======================== Offer Price...

Published 22 Nov, 2022 03:23am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Monday (November 21, 2022). ======================== Offer Price...

Published 22 Nov, 2022 03:23am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Monday (November 21, 2022). ======================== Offer ...

Published 22 Nov, 2022 03:23am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Monday (November 21, 2022). ======================== Offer Price...

Published 22 Nov, 2022 03:23am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Monday (November 21, 2022). ======================== Offer Price...

Published 22 Nov, 2022 03:23am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Monday (November 21, 2022). ======================== OFFER PRICE...

Published 22 Nov, 2022 03:23am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Monday (November 21, 2022). ======================== OFFER PRICE...

Published 22 Nov, 2022 03:23am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Monday (November 21, 2022). ======================== OFFER PRICE...

Published 22 Nov, 2022 03:23am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Monday (November 21, 2022). ======================== OFFER PRICE...

Published 22 Nov, 2022 03:23am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Monday (November 21, 2022). ======================== OFFER PRICE...

Published 22 Nov, 2022 03:23am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Monday (November 21, 2022). ======================== OFFER PRICE 1,453.3227...

Published 22 Nov, 2022 03:23am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Monday (November 21, 2022). ======================== OFFER PRICE...

Published 22 Nov, 2022 03:23am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Monday (November 21, 2022). ======================== OFFER PRICE...

Published 22 Nov, 2022 03:23am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Monday (November 21, 2022). ======================== OFFER PRICE...

Published 22 Nov, 2022 03:23am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Monday (November 21, 2022). ======================== OFFER PRICE...

Published 22 Nov, 2022 03:23am

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 22 Nov, 2022 03:23am

Rates

Proposed right issues

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

Published 22 Nov, 2022 03:23am

Stocks

Last date of renunciation/payment

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

Published 22 Nov, 2022 03:23am

Rates

Dividend/Bonus Announcements

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

Published 22 Nov, 2022 03:23am

Rates

BOARD MEETINGS

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

Published 22 Nov, 2022 03:23am

Stocks

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

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

Published 22 Nov, 2022 03:23am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (November 21, 2022). ==================================== BR...

Published 22 Nov, 2022 03:23am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 22 Nov, 2022 03:23am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (November 21, 2022)....

Published 22 Nov, 2022 03:23am

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 22 Nov, 2022 03:23am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (November 21, 2022)....

Published 22 Nov, 2022 03:23am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 21, 2022)....

Published 22 Nov, 2022 03:23am

Rates

LME official prices

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

Published 22 Nov, 2022 03:23am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 228,393 tonnes of cargo comprising 153,064 tonnes of import cargo and 75,329...

Published 22 Nov, 2022 03:23am

Stocks

Wall Street weighed down by energy shares, China curbs; Disney supports Dow

NEW YORK: Wall Street’s main indexes began the week on a dull note on Monday due to curbs in China and losses in...

Published 22 Nov, 2022 03:23am

Stocks

Europe’s STOXX 600 subdued; defensive stock gains offset commodities gloom

LONDON: Europe’s STOXX 600 index was little changed on Monday as gains in defensive food and beverage and...

Published 22 Nov, 2022 03:23am

Breakdown of external economic relations

The fact that Pakistan is currently operating under an IMF (International Monetary Fund) programme, under the...

Published 22 Nov, 2022 03:23am

Historic accord

The climate summit COP27 in Sharm el-Sheikh, Egypt, has produced a historic accord on funding to help vulnerable...

Published 22 Nov, 2022 03:23am

Chinese carmakers target more European sales with five-star EVs

Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate...

Published 22 Nov, 2022 03:23am

PARTLY FACETIOUS: Sheikh Rashid’s unsavoury comment

“How would you define a man?” “I presume you mean apart from the obvious physical…” “Yep.” “Oh I...

Published 22 Nov, 2022 03:23am

Letters

Rumour mills: enough is enough

Not only has finance minister Ishaq Dar firmly rejected all speculations about the state of country’s economy,...

Published 22 Nov, 2022 03:23am

SC releases convict in Musharraf attack case

ISLAMABAD: The Supreme Court of Pakistan Monday ordered to release a convict, Rana Tanveer Hussain, who was awarded...

Published 22 Nov, 2022 03:23am

Rates

PSX posts minor gains

KARACHI: Pakistan Stock Exchange Monday witnessed a rangebound session with very low trading activity as investors...

Published 22 Nov, 2022 03:23am

Forex

Open market rates of foreign currencies

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

Published 22 Nov, 2022 03:23am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (November 21, 2022)....

Published 22 Nov, 2022 03:23am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (November 21, 2022). ======================== Open Bid...

Published 22 Nov, 2022 03:23am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (November 21, 2022). ======================================= Offset...

Published 22 Nov, 2022 03:23am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (November 21, 2022)...

Published 22 Nov, 2022 03:23am

Cotton & Textile

Modest trading activity on cotton market

LAHORE: The local cotton market on Monday remained steady and the trading volume remained low. Naseem Usman also...

Published 22 Nov, 2022 03:23am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday (November 21, 2022)....

Published 22 Nov, 2022 03:23am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 12.249 ...

Published 22 Nov, 2022 03:23am

Commodities

Jordan issues new tender to buy wheat

HAMBURG: Jordan’s state grain buyer has issued an international tender to buy 120,000 tonnes of milling wheat ...

Published 22 Nov, 2022 03:23am

Energy

Spot VLSFO premium rebounds

SINGAPORE: Asia’s spot premium for 0.5% very low sulphur fuel oil (VLSFO) climbed to a three-week high on Monday...

Published 22 Nov, 2022 03:23am

Energy

US natgas gains on colder forecast

NEW YORK: US natural gas futures gained about 4% to a two-week high on Monday on forecasts for colder weather and...

Published 22 Nov, 2022 03:23am

Commodities

Japanese rubber futures tumble

SINGAPORE: Japanese rubber futures tumbled on Monday, tracking losses in the Shanghai market, as fresh Covid-19 ...

Published 22 Nov, 2022 03:23am

Commodities

Brazil’s 2022/2023 soya planting reaches 80pc of area

SAO PAULO: Soybean planting has reached 80% of the area in Brazil, a big leap from last week’s 69% but still ...

Published 22 Nov, 2022 03:23am

Scrapping export tax helps compete globally, says India’s JSW Steel

NEW DELHI: India’s removal of export duty on steel intermediates “immensely helps” domestic companies compete...

Published 22 Nov, 2022 03:23am

Commodities

Iron ore retreats on China Covid woes

BEIJING: Iron ore futures slipped on Monday after posting three straight weekly gains, as fresh Covid curbs in the...

Published 22 Nov, 2022 03:23am

Energy

Oil prices waffle on conflicting OPEC+ output reports

NEW YORK: Oil prices were down on Monday, but reversed some losses after hitting their lowest since early January on...

Published 22 Nov, 2022 03:23am

‘Wild’ speculations

EDITORIAL: Federal Finance Minister Ishaq Dar addressed the nation this Saturday past, followed by planning minister...

Updated 22 Nov, 2022 11:55am

No new Cold War?

EDITORIAL: In their one-on-one meeting on the sidelines of the G20 the US and Chinese leaders adopted a conciliating...

Published 22 Nov, 2022 03:23am

ITeS export remittances increase by 2.89pc in four months

ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call centre...

Published 22 Nov, 2022 03:23am

Huge potential exists for enhancing bilateral trade: German diplomat

KARACHI: The German Consul General in Karachi Rudiger Lotz has said that there is huge potential to increase...

Published 22 Nov, 2022 03:23am

Commodities

Gold prices inch up

KARACHI: Gold prices on Monday posted a slight gain on the local market, traders said. They went up by Rs400 to...

Published 22 Nov, 2022 03:23am

Yarn merchants urge govt not to impose RD

Cotton & Textile

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 11	280.53
USD PKR Interbank Buying / Apr 11	280.28
USD to Japanese Yen / Apr 11	143.90
USD to Swiss Franc / Apr 11	0.82
Pound Sterling to USD / Apr 11	1.30
Euro to USD / Apr 11	1.13
UK LIBOR % / Apr 10	4.96

Stock	Volume
S&P 500 / Apr 10	5,268.05
Nasdaq / Apr 10	16,387.31
Dow Jones / Apr 10	39,593.66
India Sensex / Apr 11	75,343.21
Tokyo Nikkei / Apr 11	33,533.93
Hang Seng / Apr 11	21,054.61
FTSE 100 / Apr 11	7,879.52
Germany DAX 30 / Apr 11	20,278.17
France CAC40 / Apr 11	7,066.01

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 10	16,785
Gold 10 Grams PKR / Apr 10	281,893
Petrol/Litre / Apr 11	254.63
Crude Oil USD/Barrel / Apr 11	60.77
Gold Spot USD/Ounce / Apr 11	3,196.67
Diesel/Litre / Apr 11	258.64
Cotton US¢/pound / Apr 11	67.35

Gainers
Losers
Leaders

Stock	Price
Pak Agro Pack. (GEM) / Apr 11 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.85 ▲ 1 (12.74%)
Ruby Textile / Apr 11 Ruby Textile Mills Limited(RUBY)	7 ▲ 0.7 (11.11%)
Bawany Air Products / Apr 11 Bawany Air Products Limited(BAPL)	28.91 ▲ 2.63 (10.01%)
Calcorp Ltd / Apr 11 Calcorp Limited(CASH)	37.24 ▲ 3.39 (10.01%)
PIA Holding Co.B / Apr 11 PIA Holding Company Limited B(PIAHCLB)	1,329.45 ▲ 120.86 (10%)
ZIL Limited / Apr 11 ZIL Limited(ZIL)	295.72 ▲ 26.88 (10%)
Jubile Life InsXD / Apr 11 Jubilee Life Insurance Company Limited(JLICL)	152.56 ▲ 13.87 (10%)
Diamond Ind. / Apr 11 Diamond Industries Limited(DIIL)	35.20 ▲ 3.2 (10%)
Parmount Sp. / Apr 11 Paramount Spinning Mills Limited(PASM)	4.18 ▲ 0.38 (10%)
Hoechst Pak. / Apr 11 Hoechst Pakistan Limited(HPL)	3,519 ▲ 319 (9.97%)

Stock	Price
Oilboy Energy(R) / Apr 11 Oilboy Energy Limited(R)(OBOYR2)	1.84 ▼ -0.41 (-18.22%)
First Elite Cap.Mod / Apr 11 First Elite Capital Modaraba(FECM)	17.53 ▼ -1.95 (-10.01%)
National Silk / Apr 11 The National Silk & Rayon Mills Limited(NSRM)	30.75 ▼ -3.25 (-9.56%)
Universal Ins. / Apr 11 The Universal Insurance Company Limited(UVIC)	9 ▼ -0.85 (-8.63%)
Noon Sugar / Apr 11 Noon Sugar Mills Limited(NONS)	71.10 ▼ -6.61 (-8.51%)
Masood Textile / Apr 11 Masood Textile Mills Limited(MSOT)	52 ▼ -4.8 (-8.45%)
Leather Up Ltd. / Apr 11 Leather Up Limited(LEUL)	26 ▼ -2.29 (-8.09%)
Nimir Resins / Apr 11 Nimir Resins Limited(NRSL)	32.50 ▼ -2.85 (-8.06%)
Chashma / Apr 11 Chashma Sugar Mills Limited(CHAS)	59.02 ▼ -4.97 (-7.77%)
EFU General / Apr 11 EFU General Insurance Limited(EFUG)	116 ▼ -8.45 (-6.79%)

Stock	Volume
Cnergyico PK / Apr 11 Cnergyico PK Limited(CNERGY)	86,573,180 ▼ -0.07
K-Electric Ltd. / Apr 11 K-Electric Limited(KEL)	57,922,646 ▲ 0.02
Sui South Gas / Apr 11 Sui Southern Gas Company Limited(SSGC)	44,734,661 ▲ 0.52
Pak Elektron / Apr 11 Pak Elektron Limited(PAEL)	40,461,763 ▲ 2.13
Pak Int.Bulk / Apr 11 Pakistan International Bulk Terminal(PIBTL)	37,973,873 ▼ -0.34
B.O.Punjab / Apr 11 The Bank of Punjab(BOP)	33,069,655 ▲ 0.54
Citi Pharma Ltd / Apr 11 Citi Pharma Limited(CPHL)	25,314,966 ▲ 2.71
Maple Leaf Cement / Apr 11 Maple Leaf Cement Factory Limited(MLCF)	21,075,820 ▲ 0.24
Fauji Cement / Apr 11 Fauji Cement Company Limited(FCCL)	19,242,425 ▼ -0.65
WorldCall Telecom / Apr 11 Worldcall Telecom Limited(WTL)	16,890,477 ▼ -0.01

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