News Archives for Print - 2022-12-04

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Print - 2022-12-04

Prices of essential kitchen items witness mixed trend

ISLAMABAD: The prices of essential kitchen items witnessed a mixed trend during this week past against the previous...

Published 04 Dec, 2022 03:37am

The Weather

KARACHI: The weather report on Saturday (December 03, 2022) and the forecast for Sunday (December 04, 2022)....

Published 04 Dec, 2022 03:37am

Attack on diplomat: FO declines to confirm reports about suspect’s arrest

ISLAMABAD: Foreign Office on Saturday expressed its inability to confirm the reported arrest of a suspect allegedly...

Updated 04 Dec, 2022 12:01pm

28,000 sacked employees reinstated so far: Qadir Mandokhail

ISLAMABAD: Chairman National Assembly Standing Committee for Affected Employees, and Pakistan People’s Party (PPP)...

Published 04 Dec, 2022 03:37am

Lawyers observe strike against bar member’s conviction

LAHORE: The legal fraternity on Saturday observed a strike against conviction of a bar member in contempt of court....

Published 04 Dec, 2022 03:37am

Five Pak firms participate in Automechanika Dubai 2022

KARACHI: Some five companies from Pakistan participated in the Automechanika Dubai 2022 held from November 22 to 24,...

Published 04 Dec, 2022 03:37am

Participants of classic car rally reach Machni Post

PESHAWAR: The 13th Vintage and Classic Car Rally in collaboration with Khyber Pakhtunkhwa Sports and Youth Affairs,...

Published 04 Dec, 2022 03:37am

PPP, MQM ignoring Karachi, says JI leader

KARACHI: Jamaat-e-Islami (JI) Karachi chief Engr Hafiz Naeemur Rehman has decried that the megacity Karachi was...

Published 04 Dec, 2022 03:37am

Huge quantity of smuggled goods seized in separate raids

KARACHI: The Anti-Smuggling Organisation (ASO) of Directorate Customs Intelligence and Investigation (DGI&I)...

Published 04 Dec, 2022 03:37am

PPP govt ready to hold LB polls: CM

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that his government is under tremendous pressure from...

Published 04 Dec, 2022 03:37am

Govt ensuring welfare of special people: Bizenjo

QUETTA: Balochistan Chief Minister Mir Abdul Quddus Bizenjo on Saturday said that the incumbent government was...

Published 04 Dec, 2022 03:37am

EPA empowered to inspect any facility suspected of hurting environment: LHC

LAHORE: The Lahore High Court observed that the provincial Environmental Protection Agency (EPA) is empowered to...

Published 04 Dec, 2022 03:37am

Moonis statement raises doubts, requires clarification: minister

LAHORE: Interior Minister Rana Sanaullah said on Saturday that PML-Q leader Chaudhry Moonis Elahi’s statement...

Published 04 Dec, 2022 03:37am

US navy claims seizes ammunition en route from Iran to Yemen

MANAMA: The US Navy said Saturday it had seized one million rounds of ammunition along with rocket fuses and...

Published 04 Dec, 2022 03:37am

October 2022: Number of cellular subscribers declines for third month in a row: PTA

ISLAMABAD: The number of cellular subscribers as well as teledensity declined for the third consecutive month in...

Updated 04 Dec, 2022 12:52pm

Pakistan committed to ensuring well-being of persons with disabilities: Alvi

ISLAMABAD: President Dr Arif Alvi Saturday said that Pakistan was committed to promoting the rights and well-being ...

Published 04 Dec, 2022 03:37am

Balochistan police register FIR against Shahbaz Gill

CHAMAN: A case was registered on Saturday against Pakistan Tehreek-e-Insaf (PTI) leader Shahbaz Gill in Qila ...

Published 04 Dec, 2022 03:37am

Attack on Pakistan mission’s head: Afghan minister calls Bilawal, vows to bring assailants to justice

KABUL: Acting Foreign Minister of Afghanistan Amir Khan Muttaqi on Saturday telephoned Foreign Minister Bilawal...

Published 04 Dec, 2022 03:37am

Threats, accusations can’t go hand in hand with talks: ministers

LAHORE: Responding to the PTI chairman’s offer of talks, Pakistan Muslim League-Nawaz said on Saturday that the...

Published 04 Dec, 2022 03:37am

UNSC condemns attack on Pak embassy in Kabul

UNITED NATIONS: The UN Security Council issued a press statement condemning in “the strongest terms” Friday’s...

Published 04 Dec, 2022 03:37am

Terrorist commander killed in NW

ISLAMABAD: Fire exchange took place between terrorists and Pakistan troops in general area Shewa, North Waziristan...

Published 04 Dec, 2022 03:37am

Asset-backed securitization rules: SPVs allowed to offer debt securities

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has allowed Special Purpose Vehicles (SPVs) to...

Updated 04 Dec, 2022 10:57am

US congresswoman seeks $600m aid for Pak flood victims

WASHINGTON: US Congresswoman Sheila Jackson has written a letter to the House Foreign Affairs Committee to increase...

Published 04 Dec, 2022 03:37am

‘Religious intolerance’ US targets Pakistan, ignores India

WASHINGTON: The United States has designated Pakistan as a country of particular concern under the Religious Freedom...

Published 04 Dec, 2022 03:37am

Wage structure should take into account variations in cost of living: SC

ISLAMABAD: The Supreme Court said the wage structure ought to be crafted in a way that must provide not merely for...

Published 04 Dec, 2022 03:37am

Pakistan ‘ever ready’ to take fight back to enemy: COAS responds strongly to India’s belligerence

ISLAMABAD: General Syed Asim Munir, Chief of Army Staff (COAS) on Saturday categorically said Indian state will...

Updated 04 Dec, 2022 09:45am

Centcom chief, COAS discuss security cooperation

WASHINGTON: Gen Michael Erik Kurilla, the commander of the US Central Command (Centcom), conducted a video...

Updated 04 Dec, 2022 10:36am

PTI has done its homework: Fawad

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Senior Vice President Fawad Chaudhry has said that the PTI has completed...

Published 04 Dec, 2022 03:37am

Centre owes Rs176bn to Punjab govt: minister

LAHORE: Finance Minister of Punjab Mohsin Laghari has claimed that the federal government owes Rs176.353 billion to...

Published 04 Dec, 2022 03:37am

Naval chief meets top military officials of Turkiye, Germany, Azerbaijan

ISLAMABAD: Chief of the Naval Staff Admiral Muhammad Amjad Khan Niazi has visited Turkiye, Germany and Azerbaijan ...

Published 04 Dec, 2022 03:37am

15 students sponsored by OGDCL complete studies at IBA

KARACHI: Under the Oil and Gas Development Company’s National Talent Hunt Programme another batch of students has...

Published 04 Dec, 2022 03:37am

Shortage of medicines affecting health sector

KARACHI: Economic and financial analyst Ateeq ur Rahman has said shortage of medicines or their rising cost is like...

Published 04 Dec, 2022 03:37am

Theft, snatching on the rise in Islamabad

ISLAMABAD: Automobile thieves and mobile phone snatchers remained active in the capital city as they stole dozens of...

Published 04 Dec, 2022 03:37am

PTI leaders asked to stop slamming institutions: CM’s spokesperson

LAHORE: Spokesperson for the Chief Minister and Punjab Government Musarrat Jamshed Cheema has said that Pakistan...

Published 04 Dec, 2022 03:37am

What to do with furnace oil?

Furnace oil used to be the backbone of both power and oil industry until only a few years ago. There were no LNG or...

Published 04 Dec, 2022 03:37am

Energy hungry Europe can’t look to US shale to fill any OPEC gap

US shale oil drillers turned from scrappy wildcatters into multi-millionaires over the past two decades, propelling...

Published 04 Dec, 2022 03:37am

Blackstone REIT restriction a possible warning sign for markets

While there has been little wider fallout from this week’s surge in redemption requests at an unlisted Blackstone...

Published 04 Dec, 2022 03:37am

Govt extends BISP cover to transgender people

ISLAMABAD: In a landmark move, the federal government on Saturday moved to provide support to the national...

Published 04 Dec, 2022 03:37am

Access to Gwadar, Karachi ports to be offered: Tajik president due next week

ISLAMABAD: President of the Republic of Tajikistan Emomali Rahman is likely to visit Pakistan next week on a State...

Updated 04 Dec, 2022 12:53pm

Rates

Automart: car prices in Karachi

Rates in the week ended Saturday December 03, 2022

Published 04 Dec, 2022 03:37am

Cotton & Textile

Cotton market: No major change in present outlook

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

Published 04 Dec, 2022 03:37am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (December 03, 2022)....

Published 04 Dec, 2022 03:37am

Commodities

Gold lower on positive US jobs data

NEW YORK: Gold prices slipped on Friday, retreating from a near-four month high, after robust US jobs data fanned...

Published 04 Dec, 2022 03:37am

Commodities

Wheat plunges to 3-month low on export competition

WINNIPEG, (Manitoba): Chicago wheat extended losses on Friday to a fresh three-month low as modest weekly US exports...

Published 04 Dec, 2022 03:37am

Commodities

Iron ore futures rise on hopes

SINGAPORE: Iron ore futures rose on Friday and were set for weekly gains, buoyed by expectation that top steelmaker...

Published 04 Dec, 2022 03:37am

Commodities

Copper hits highest rates in over two weeks

LONDON: Copper prices jumped to their highest in over two weeks on Friday in a volatile session as investors cheered...

Published 04 Dec, 2022 03:37am

Commodities

Malaysian palm oil falls

JAKARTA: Malaysian palm oil futures dropped for a second day on Friday as continued strength in the ringgit and ...

Published 04 Dec, 2022 03:37am

Energy

US natgas futures down

NEW YORK: US natural gas futures fell about 3% to a two-week low on Friday on forecasts for less cold weather and...

Published 04 Dec, 2022 03:37am

Cotton & Textile

Mali revises down cotton output forecast

BAMAKO: Mali’s cotton output for the 2022/23 season is expected to reach 740,000 tonnes, down from an earlier...

Published 04 Dec, 2022 03:37am

Commodities

ICE canola

WINNIPEG, (Manitoba): ICE canola futures surged on Friday on spreads against soybean oil and after a Canadian...

Published 04 Dec, 2022 03:37am

Cotton & Textile

ECC’s decision ‘rejected’: PYMA urges PM, Dar to avoid imposing RD on yarn

KARACHI: Pakistan Yarn Merchants Association (PYMA), while rejecting the Economic Coordination Committee (ECC)...

Published 04 Dec, 2022 03:37am

Letters

The country comes first

It is increasingly clear that the PML-N is taking a wait-and-see approach to the PTI chief Imran Khan’s threat of...

Published 04 Dec, 2022 03:37am

Commodities

Gold prices fall slightly

KARACHI: Gold prices on Saturday inched down on the local market, traders said. They dropped by Rs200 to Rs163300...

Published 04 Dec, 2022 03:37am

Moderate quake hits KP

ISLAMABAD: An earthquake measuring 4.5 on the Richter scale hit parts of Khyber Pakhtunkhwa (KP) on Saturday. The...

Published 04 Dec, 2022 03:37am

Energy

Oil dips ahead of OPEC+ meeting

HOUSTON: Oil futures slipped by about $1 a barrel in choppy trading on Friday ahead of a meeting of the Organization...

Published 04 Dec, 2022 03:37am

OPEC+ will keep oil policy unchanged in review talks

LONDON/DUBAI: OPEC+ will likely stick to its oil output targets when it meets on Sunday, five OPEC+ sources said on...

Published 04 Dec, 2022 03:37am

Public limited companies: Conditions for launching REITs schemes laid down

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has laid down conditions for the launching of...

Updated 04 Dec, 2022 11:16am

Income tax arrears: Nov collection up Rs2.33bn to Rs8.98bn YoY

ISLAMABAD: The Federal Board of Revenue (FBR) has recovered income tax arrears of Rs8.98 billion during November...

Updated 04 Dec, 2022 11:47am

Bajwa’s tax record: two more FBR officers suspended

LAHORE: The Federal Board of Revenue (FBR) has suspended another two officers in connection with the leakage of tax...

Updated 04 Dec, 2022 12:53pm

Companies

New vehicles being provided to staff for efficient service: Fesco chief

FAISALABAD: For provision of best customer services to Faisalabad Electric Supply Company (Fesco) consumers, modern...

Published 04 Dec, 2022 03:37am

Retail sector spearheads domestic economy, says CAP

LAHORE: The retail sector in Pakistan is organizing rapidly through value-addition, contributing a large chunk of ...

Published 04 Dec, 2022 03:37am

Govt exhorted to seek IMF-led debt restructuring for 3-5 years

KARACHI: A large external financing gap, challenging global financial markets, devastating floods, and political...

Updated 04 Dec, 2022 12:53pm

Former finance minister suggests rescheduling of external debt

KARACHI: Pakistan Tehreek-e-Insaf (PTI) economic team has suggested immediate rescheduling of entire external debt...

Updated 04 Dec, 2022 12:45pm

Companies

50 companies shortlisted for fire safety awards

KARACHI: Adoption of fire safety measures at every building by its owner had become all the more important when the...

Published 04 Dec, 2022 03:37am

DCs asked to check ‘deductions’ at sugar mills

Industry

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 14	280.68
USD PKR Interbank Buying / Apr 14	280.48
USD to Japanese Yen / Apr 14	142.49
USD to Swiss Franc / Apr 14	0.81
Pound Sterling to USD / Apr 14	1.32
Euro to USD / Apr 14	1.14
UK LIBOR % / Apr 11	4.96

Stock	Volume
S&P 500 / Apr 11	5,363.36
India Sensex / Apr 11	75,157.26
Nasdaq / Apr 11	16,724.46
Dow Jones / Apr 11	40,212.71
Tokyo Nikkei / Apr 14	33,982.36
Hang Seng / Apr 14	21,367.90
FTSE 100 / Apr 14	8,113.87
Germany DAX 30 / Apr 14	20,831.83
France CAC40 / Apr 14	7,259.65

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 11	16,785
Gold 10 Grams PKR / Apr 11	290,466
Crude Oil USD/Barrel / Apr 14	61.28
Gold Spot USD/Ounce / Apr 14	3,229.53
Cotton US¢/pound / Apr 14	67.08
Petrol/Litre / Apr 15	254.63
Diesel/Litre / Apr 15	258.64

Gainers
Losers
Leaders

Stock	Price
Pak Agro Pack. (GEM) / Apr 14 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.84 ▲ 0.99 (12.61%)
Ruby Textile / Apr 14 Ruby Textile Mills Limited(RUBY)	7.80 ▲ 0.86 (12.39%)
Tariq Corporation / Apr 14 Tariq Corporation Limited(TCORP)	14.69 ▲ 1.34 (10.04%)
Secure Logistics / Apr 14 Secure Logistics Group Limited(SLGL)	14.83 ▲ 1.35 (10.01%)
Engro Powergen / Apr 14 Engro Powergen Qadirpur Limited(EPQL)	35.27 ▲ 3.21 (10.01%)
Dandot Cement / Apr 14 Dandot Cement Company Limited(DNCC)	15.29 ▲ 1.39 (10%)
Bawany Air Products / Apr 14 Bawany Air Products Limited(BAPL)	31.80 ▲ 2.89 (10%)
J.K.Spinning / Apr 14 J.K. Spinning Mills Limited(JKSM)	64.35 ▲ 5.85 (10%)
PIA Holding Co.B / Apr 14 PIA Holding Company Limited B(PIAHCLB)	1,462.40 ▲ 132.95 (10%)
Frontier Ceram / Apr 14 Frontier Ceramics Limited(FRCL)	27.50 ▲ 2.5 (10%)

Stock	Price
Habib Ins. / Apr 14 Habib Insurance Company Limited(HICL)	7.95 ▼ -1.26 (-13.68%)
Oilboy Energy(R) / Apr 14 Oilboy Energy Limited(R)(OBOYR2)	1.62 ▼ -0.24 (-12.9%)
Fateh Ind. / Apr 14 Fateh Industries Limited(FIL)	119.56 ▼ -13.27 (-9.99%)
Sindh Abadgar / Apr 14 Sindh Abadgar's Sugar Mills Limited(SASML)	52.50 ▼ -5.83 (-9.99%)
TPL Life Insur. / Apr 14 TPL Life Insurance Limited(TPLL)	49.35 ▼ -5.46 (-9.96%)
Hafiz Ltd. / Apr 14 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Baba Farid Sugar / Apr 14 Baba Farid Sugar Mills Limited(BAFS)	53 ▼ -5.43 (-9.29%)
Mughal Energy / Apr 14 Mughal Energy Limited(GEM)(GEMMEL)	20 ▼ -2.02 (-9.17%)
First Elite Cap.Mod / Apr 14 First Elite Capital Modaraba(FECM)	16 ▼ -1.59 (-9.04%)
Shahzad Tex. / Apr 14 Shahzad Textile Mills Limited(SZTM)	27.26 ▼ -2.61 (-8.74%)

Stock	Volume
Cnergyico PK / Apr 14 Cnergyico PK Limited(CNERGY)	54,444,707 ▲ 0.23
Pak Int.Bulk / Apr 14 Pakistan International Bulk Terminal(PIBTL)	45,023,605 ▲ 0.5
Pak Elektron / Apr 14 Pak Elektron Limited(PAEL)	40,742,036 ▼ -0.01
Sui South Gas / Apr 14 Sui Southern Gas Company Limited(SSGC)	38,084,018 ▲ 2.37
B.O.Punjab / Apr 14 The Bank of Punjab(BOP)	33,174,212 ▲ 0.16
Citi Pharma Ltd / Apr 14 Citi Pharma Limited(CPHL)	25,349,324 ▲ 1.66
WorldCall Telecom / Apr 14 Worldcall Telecom Limited(WTL)	15,776,896 ▲ 0.02
Power Cement / Apr 14 Power Cement Limited(POWER)	14,852,543 ▼ -0.08
Dewan Cement / Apr 14 Dewan Cement Limited(DCL)	14,486,660 ▲ 0.86
K-Electric Ltd. / Apr 14 K-Electric Limited(KEL)	13,484,387 ▼ -0.04

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