News Archives for Print - 2022-11-26

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Print - 2022-11-26

Protest scrutiny intensifies on Iran despite win

DOHA: Iran’s football stars scored a famous victory with a last gasp World Cup win but scrutiny on the conduct of...

Published 26 Nov, 2022 04:13am

Energy

EU delays talks on Russian oil price cap until next week

BRUSSELS: A meeting of European Union government representatives, scheduled for Friday evening to discuss a Group of...

Published 26 Nov, 2022 04:13am

Energy

German cabinet approves gas, electricity price brake

BERLIN: The German cabinet has approved planned gas and electricity price brakes in an expedited process, Chancellor...

Published 26 Nov, 2022 04:13am

Europe

Germany shortens electricity windfall tax duration

BERLIN: The German government plans to impose a levy to skim off electricity companies’ windfall profits from Dec....

Published 26 Nov, 2022 04:13am

Alvi honours cricket team

ISLAMABAD: President Dr Arif Alvi has appreciated the performance of Pakistan Cricket Team during the T20 World Cup...

Published 26 Nov, 2022 04:13am

PTI lawyers stage demo

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) lawyers on Friday protested in front of the Supreme Court, demanding suo...

Published 26 Nov, 2022 04:13am

Farewell ceremony for outgoing CJCSC held

ISLAMABAD: Outgoing Chairman Joint Chiefs of Staff Committee General Nadeem Raza’s farewell ceremony was held at...

Published 26 Nov, 2022 04:13am

Punjab CM felicitates new army chief Gen Munir

LAHORE: Chief Minister Punjab Chaudhry Parvez Elahi has congratulated Lt. Gen. Syed Asim Munir on his elevation as...

Published 26 Nov, 2022 04:13am

PARTLY FACETIOUS: The cascading effect?

“The entire country is seeing the glass as half full but for the life of me I don’t see why.” “What in the...

Published 26 Nov, 2022 04:13am

CCPO’s suspension: JIT suspends probe into IK’s attack case

LAHORE: The Joint Investigation Team (JIT) constituted to investigate the assassination attempt on former prime...

Published 26 Nov, 2022 04:13am

JICA to fund development of river embankments in Punjab

LAHORE: The Japan International Cooperation Agency (JICA) will fund development of river embankments and related...

Published 26 Nov, 2022 04:13am

The Weather

KARACHI: The weather report on Friday (November 25, 2022) and the forecast for Saturday (November 26, 2022)...

Published 26 Nov, 2022 04:13am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 26 Nov, 2022 04:13am

Stocks

Last date of renunciation/payment

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

Published 26 Nov, 2022 04:13am

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 26 Nov, 2022 04:13am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (November 25, 2022). ======================== OFFER PRICE...

Published 26 Nov, 2022 04:13am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (November 25, 2022). ======================== OFFER PRICE...

Published 26 Nov, 2022 04:13am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (November 25, 2022). ======================== OFFER PRICE...

Published 26 Nov, 2022 04:13am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Friday (November 25, 2022). ======================== Offer Price...

Published 26 Nov, 2022 04:13am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Friday (November 25, 2022). ======================== Offer Price...

Published 26 Nov, 2022 04:13am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (November 25, 2022). ======================== Offer ...

Published 26 Nov, 2022 04:13am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (November 25, 2022). ======================== Offer Price...

Published 26 Nov, 2022 04:13am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (November 25, 2022). ======================== Offer Price...

Published 26 Nov, 2022 04:13am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (November 25, 2022). ======================== Offer Price 1,264.6475 Bid...

Published 26 Nov, 2022 04:13am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (November 25, 2022). ========================...

Published 26 Nov, 2022 04:13am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (November 25, 2022). ========================...

Published 26 Nov, 2022 04:13am

OGDCL launches education programme

ISLAMABAD: As a responsible corporate, the Oil and Gas Development Company Limited (OGDCL) under its CSR program...

Published 26 Nov, 2022 04:13am

IHC extends stay order against construction of Bhara Kahu bypass

ISLAMABAD: The Islamabad High Court (IHC) Friday extended its stay order against the construction of Bhara Kahu...

Published 26 Nov, 2022 04:13am

Bar in Article 212 of Constitution applicable: IR officers’ posting falls within T&C of civil servant: SHC

ISLAMABAD: The Sindh High Court (SHC), dismissing the petitions of the Inland Revenue Department officers, held that...

Published 26 Nov, 2022 04:13am

SC disqualifies Vawda for one term

ISLAMABAD: The Supreme Court turned former leader of Pakistan Tehreek-e-Insaf (PTI) Faisal Vawda’s ...

Published 26 Nov, 2022 04:13am

Travel plans for IK finalized

LAHORE: The Pakistan Tehreek-e-Insaf (PTI) has finalized the travel plans for its Chairman Imran Khan and he will...

Published 26 Nov, 2022 04:13am

PTI granted permission to hold sit-in

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) on Friday was granted permission to hold its sit-in at Faizabad for ...

Published 26 Nov, 2022 04:13am

Cold, dry weather likely

KARACHI: Mainly cold and dry weather is expected in most parts of the country on Saturday, the Met Office said on...

Published 26 Nov, 2022 04:13am

EFP recognises foodpanda facilitating women’s empowerment

KARACHI: foodpanda, one of the leading q-commerce and delivery companies in the country, has been recognised by the...

Published 26 Nov, 2022 04:13am

FM for cooperation with OIC in promoting Muslim causes

ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari has reiterated Pakistan’s commitment to further advance its...

Published 26 Nov, 2022 04:13am

Karachi Zoo to be a recreational hub soon: administrator

KARACHI: Administrator Karachi Barrister Murtaza Wahab on Friday said Karachi Zoological and Botanical Garden is...

Published 26 Nov, 2022 04:13am

OGDCL launches program for village children

ISLAMABAD: As a responsible corporate, the Oil and Gas Development Company Limited (OGDCL) under its CSR Program on...

Published 26 Nov, 2022 04:13am

Broadband facilities: Over 70 connectivity projects under way, says minister

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque said over 70 connectivity projects worth...

Published 26 Nov, 2022 04:13am

US envoy lauds ‘Million Women Mentors Initiative’ by S&P Global & USPWC

KARACHI: S&P Global Pakistan (S&P Global) has successfully mentored more than 12,000 women as part of its...

Published 26 Nov, 2022 04:13am

Default imminent?

The mantra “Pakistan is heading for a default” and the counter narrative “that it is not going to default”...

Published 26 Nov, 2022 04:13am

Game on hai

Football fever is sweeping the globe and its epicenter is the Qatari capital Doha. Major upsets like the Saudi win...

Published 26 Nov, 2022 04:13am

China central bank to offer cheap loans to support developers’ bonds

China’s central bank will offer cheap loans to financial firms for buying bonds issued by property developers, ...

Published 26 Nov, 2022 04:13am

Investors left scratching heads as ECB bosses spar on outlook

The European Central Bank’s top economic thinkers are sparring over the outlook for inflation and rates, leaving...

Published 26 Nov, 2022 04:13am

Letters

Economic growth, political stability

Obligingly, President Arif Alvi has signed the summary and approved the appointment of Lt-Gen Sahir Shamshad Mirza ...

Published 26 Nov, 2022 04:13am

Karachi JI chief demands ECP remove ‘political’ administrator

KARACHI: Jamaat-e-Islami (JI) Karachi chapter chief Engr Hafiz Naeemur Rehman has demanded of the Sindh government ...

Published 26 Nov, 2022 04:13am

Minister launches annual global campaign against GBV

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives Ahsan Iqbal has launched a 16-day campaign...

Published 26 Nov, 2022 04:13am

Overnight reverse repo (ceiling) rate to be 17pc

KARACHI: The State Bank of Pakistan (SBP) on Friday decided to increase ‘Policy Rate’ (Target Rate) from 15 percent...

Updated 26 Nov, 2022 11:30am

Owned by resident Pakistanis: FBR starts taxing hundreds of foreign properties

FBR has exercised its right of taxation of such foreign rental income in Pakistan and the owners of such properties are entitled to take tax credit

Updated 27 Nov, 2022 12:24am

Jul-Oct period: Rs241.26bn authorised/disbursed under PSDP

ISLAMABAD: The federal government has authorised/disbursed Rs241.26 billion, including Rs43.94 billion foreign aid,...

Updated 26 Nov, 2022 10:03am

Policy rate hiked to 16pc to quell biting inflation

Including this 100bps increase, SBP has raised its key rate by 625bps cumulatively in 2022
Policy rate jumps to 23-year high

Updated 26 Nov, 2022 12:48pm

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (November 25, 2022). ======================== OFFER PRICE...

Published 26 Nov, 2022 04:13am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (November 25, 2022). ======================== OFFER PRICE...

Published 26 Nov, 2022 04:13am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (November 25, 2022). ======================== OFFER PRICE 1,458.5569...

Published 26 Nov, 2022 04:13am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Friday (November 25, 2022). ======================== OFFER PRICE...

Published 26 Nov, 2022 04:13am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (November 25, 2022). ======================== OFFER PRICE...

Published 26 Nov, 2022 04:13am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (November 25, 2022). ======================== OFFER PRICE...

Published 26 Nov, 2022 04:13am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (November 25, 2022). ======================== OFFER PRICE...

Published 26 Nov, 2022 04:13am

Rates

Proposed right issues

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

Published 26 Nov, 2022 04:13am

Rates

BOARD MEETINGS

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

Published 26 Nov, 2022 04:13am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (November 25, 2022). ==================================== BR...

Published 26 Nov, 2022 04:13am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (November 25, 2022)....

Published 26 Nov, 2022 04:13am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (November 25, 2022)....

Published 26 Nov, 2022 04:13am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (November 25, 2022). ======================== Open Bid...

Published 26 Nov, 2022 04:13am

Commodities

Gold prices unchanged

KARACHI: Gold prices on Friday remained unchanged on the local market, traders said. The precious metal was ...

Published 26 Nov, 2022 04:13am

Change of command

EDITORIAL: The anxiously awaited appointment has been made. Gen Asim Munir is to succeed Gen Qamar Javed Bajwa as ...

Published 26 Nov, 2022 04:13am

Cotton & Textile

Lean business on cotton market

LAHORE: The local cotton market on Friday remained steady and the trading volume remained low. Chairman Karachi...

Published 26 Nov, 2022 04:13am

Rates

PSX moves up in dull trade

KARACHI: Pakistan Stock Exchange Friday witnessed a lackluster activity as investors preferred to remain on the...

Published 26 Nov, 2022 04:13am

FDFF creation: Cabinet approves Rs100m technical supplementary grant

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has approved Rs 100 million Technical...

Updated 26 Nov, 2022 10:01am

Energy sector: ADB sending mission for proposed policy-based loan

ISLAMABAD: The Asian Development Bank (ADB) is fielding a consultation mission for the proposed policy-based loan...

Updated 26 Nov, 2022 09:58am

Turkish cos to take up profit repatriation, taxation issues with PM

ISLAMABAD: Turkish companies engaged in different projects have raised concerns over the delay in repatriation of...

Updated 26 Nov, 2022 09:59am

PM, Erdogan hold one-to-one meeting

KARACHI: Prime Minister Shehbaz Sharif was hosted by President Recep Tayyip Erdogan at Vahdettin Mansion in Istanbul...

Updated 26 Nov, 2022 09:59am

Alternative energy: PM urges Pak-Turkish collaboration

ISTANBUL: Prime Minister Shehbaz Sharif on Friday, citing huge potential in the field of alternative energy in both...

Updated 26 Nov, 2022 09:57am

Pakistan delays 500,000 tonnes of wheat tender to 30th

HAMBURG: A government agency in Pakistan has postponed the deadline for submission of price offers in an...

Updated 27 Nov, 2022 04:09am

Cotton & Textile

KCA, PCSI hold training course on ‘Cotton Ginning’

KARACHI: The Karachi Cotton Association (KCA) has organized one week training course on “Cotton Ginning” with ...

Published 26 Nov, 2022 04:13am

Energy

OGRA holds webinar on sustainable uplift

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) conducted a webinar on “Prosperous Pakistan and Sustainable...

Published 26 Nov, 2022 04:13am

Pakistan Lifestyle Furniture Expo begins

KARACHI: Pakistan's largest furniture exhibition “Pakistan Lifestyle Furniture Expo” inaugurated on Friday at...

Published 26 Nov, 2022 04:13am

Commodities

Crop protection: Use of GMOs tied to health of soil

ISLAMABAD: Using Genetically Modified Organisms (GMOs) to help crops withstand droughts and other extreme conditions...

Published 26 Nov, 2022 04:13am

The real state of real estate

EDITORIAL: In a recent speech, former Prime Minister (PM) Imran Khan (IK) hit out at the ‘mafias’ in the ...

Published 26 Nov, 2022 04:13am

Canada posts C$1.72 billion surplus over six months

OTTAWA: Canada recorded a C$1.72 billion ($1.29 billion) budget surplus for the first six months of the 2022/23...

Published 26 Nov, 2022 04:13am

Companies

Austrian team briefed about NESPAK’s operations at home and abroad

LAHORE: A delegation comprising personnel of Austria-based companies led by Johannies Brunner, Commercial Counsellor...

Published 26 Nov, 2022 04:13am

Industry

President of SAARC chamber hails Ghulam Ali’s appointement as governor

LAHORE: Iftikhar Ali Malik, President of the SAARC Chamber of Commerce and Industry (SCCI) congratulated Senator ...

Published 26 Nov, 2022 04:13am

Industry

SCCI conducting workshops on South Asian women’s entrepreneurship developement

ISLAMABAD: It is apparent that South Asian women entrepreneurs face numerous difficulties in doing business due to...

Published 26 Nov, 2022 04:13am

Taxes

Import of PAU by Roche Pakistan: CCC’s ruling resolves duty, tax assessment issue

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has given a decision in favour...

Published 26 Nov, 2022 04:13am

Bestway Cement receives ‘Carbon Neutralization Pioneer Award’

KARACHI: Acknowledged for its vision and relentless pursuit of environment excellence, Bestway received the ...

Published 26 Nov, 2022 04:13am

Companies

ABHI, Shell join hands

KARACHI: ABHI, Pakistan’s first financial wellness platform, became the first official partner of Shell Pakistan...

Published 26 Nov, 2022 04:13am

Industry

Member Customs vows full support to TMA

KARACHI: Chairman South Circle of the Towel Manufacturers Association of Pakistan, Syed Usman Ali along with senior...

Published 26 Nov, 2022 04:13am

Money & Banking

FBL partners with BOK

KARACHI: Faysal Bank Limited (FBL) and Bank of Khyber (BOK) to partner together to enable Bank of Khyber customers...

Published 26 Nov, 2022 04:13am

Industry

Corporate sector: White Ribbon launches Workplace Gender Inclusion Awards

KARACHI: For the first time in Pakistan, White Ribbon, has announced the launch of White Ribbon Workplace Gender...

Published 26 Nov, 2022 04:13am

KATI assured of steps to promote exports

KARACHI: Chief Executive of Trade Development Authority of Pakistan (TDAP) Zubair Motiwala has assured Korangi...

Published 26 Nov, 2022 04:13am

Industry

Minister promises development of infrastructure in PQIZ

KARACHI: Federal Minister for Maritime Affairs Faisal Sabzwari has assured the business community that ...

Published 26 Nov, 2022 04:13am

Industry

Dar meets SCCI delegation

ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar held a meeting with a delegation of...

Published 26 Nov, 2022 04:13am

DG JICA meets Minister for Economic Affairs

ISLAMABAD: Ito Teruyuki, Director General of South Asia Department, Japan International Cooperation Agency (JICA)...

Published 26 Nov, 2022 04:13am

City School, Google’s Tech Valley sign MoU

Companies

Money & Banking

Foreigners make biggest weekly Japan bond purchases in more than a year

TOKYO: Foreign investors bought the largest amount of Japanese government bonds in more than a year in the latest...

Published 26 Nov, 2022 04:13am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Cotton US¢/pound / May 13	66.85
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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