News Archives for Print - 2022-12-29

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Print - 2022-12-29

Shutterdown strike in Gwadar enters third day

GWADAR: On the appeal of Haq Do Tehreek, a shutter down strike was observed in Gwadar city on the third consecutive...

Published 29 Dec, 2022 07:00am

Money & Banking

Banknotes with Jameel’s signature

KARACHI: The State Bank of Pakistan (SBP) will start issuing banknotes bearing the signature of SBP Governor, Jameel...

Published 29 Dec, 2022 06:57am

FTO says taxpayers filed over 6,000 complaints

ISLAMABAD: The Federal Tax Ombudsman (FTO) Dr Asif Mehmood Jah Wednesday said taxpayers have filed 6,435 complaints...

Published 29 Dec, 2022 06:55am

Digital lending firms: SECP takes notice of coercive recovery practices

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), taking notice of rising concerns involving...

Published 29 Dec, 2022 06:43am

Gold at new highs

KARACHI: Gold prices on Wednesday inched up to the new record highs on the local market, traders said. They went up...

Updated 29 Dec, 2022 11:30am

Army’s top brass resolves to crush terrorists ‘without any distinction’

ISLAMABAD: Army’s top brass, Wednesday, resolved to uproot terrorism “without any distinction” as the country...

Published 29 Dec, 2022 06:37am

IK’s ‘facilitators are still present’: Bilawal

LARKANA: Foreign Minister Bilawal Bhutto Zardari has asserted that the facilitators of former prime minister and...

Published 29 Dec, 2022 06:34am

Resignation issue: Speaker set to meet PTI delegation today

ISLAMABAD: A delegation of Pakistan Tehreek-e-Insaf (PTI)’s lawmakers today (Thursday) would hold a meeting with...

Published 29 Dec, 2022 06:31am

US considering Covid entry restrictions for travellers from China

WASHINGTON: The United States is considering Covid entry restrictions for travellers from China, US officials said...

Published 29 Dec, 2022 06:29am

US, EU, NATO urge restraint as Serbia-Kosovo border crossings close

MITROVICA (Kosovo): The United States, NATO and European Union urged maximum restraint in the north of Kosovo, where...

Published 29 Dec, 2022 05:59am

Ship insurers to cancel war cover for Russia, Ukraine from Jan 1

LONDON: Ship insurers said they are cancelling war risk cover across Russia, Ukraine and Belarus, following an exit...

Updated 29 Dec, 2022 07:35am

Experts for modernising small-scale fisheries

KARACHI: Experts on Wednesday called for sustainable fishing practices to help improve fisheries resources, besides...

Published 29 Dec, 2022 05:59am

Vawda submits resignation to Sanjrani

ISLAMABAD: Former PTI minister Faisal Vawda on Wednesday submitted his resignation to Chairman Senate Sadiq Sanjrani...

Published 29 Dec, 2022 05:59am

Bestway Foundation establishes Rs60m scholarship endowment fund

ISLAMABAD: In a simple ceremony held at Islamabad, Bestway Foundation and NAMAL University signed an agreement to...

Published 29 Dec, 2022 05:59am

University of Wah holds 10th convocation

WAH CANTT: University of Wah hosted its 10th Convocation, at UW Auditorium to commemorate the exceptional...

Published 29 Dec, 2022 05:59am

Petition filed by PTI, JI taken up: IHC issues notice to ECP on LG polls deferral

ISLAMABAD: The Islamabad High Court (IHC) on Wednesday issued notice to the Election Commission of Pakistan (ECP) ...

Published 29 Dec, 2022 05:59am

LHC allows release of wheat to flour mills

LAHORE: The Lahore High Court (LHC) struck down a restriction imposed by the Punjab food department of releasing...

Published 29 Dec, 2022 05:59am

PARTLY FACETIOUS: Structural failure

“There are some professions which have a wide range of capacity if you know what I mean?” “As wide as the...

Published 29 Dec, 2022 05:59am

Progress made on decisions taken by cabinet reviewed

LAHORE: Chief Minister Punjab Chaudhry Parvez Elahi has set a record for the fastest work in a short time, ...

Published 29 Dec, 2022 05:59am

PCB terms Ramiz’s allegations against Sethi ‘misleading’

LAHORE: Expressing disappointment over the comments made and language used by the former PCB Chairman Ramiz Raja...

Published 29 Dec, 2022 05:59am

New unit at KMTH to provide artificial limbs to deserving persons

FAISALABAD: Artificial Limbs & Rehabilitation Centre (ALRC) has been established in Khadija Mahmood Trust...

Published 29 Dec, 2022 05:59am

Everybody’ll want the establishment back

If you’ve followed Pakistani politics for two-and-a-half decades, especially as a journalist, you’ll understand that...

Published 29 Dec, 2022 05:59am

Energy sector reforms — I

My previous op-ed, summed up Pakistan’s gas supply position vis-à-vis the current demand, prevailing geo-political...

Published 29 Dec, 2022 05:59am

Heat will stay on in Europe this winter, but after?

Europe is likely to scrape through this winter without cutting off gas customers despite reduced Russian supplies,...

Published 29 Dec, 2022 05:59am

Letters

Young Bilawal’s mature approach to politics

That Bilawal Bhutto-Zardari is a leader of great power and eloquence is a fact. He has clearly made waves as a...

Published 29 Dec, 2022 05:59am

Traders tell ministers closure of shops at 8pm ‘unacceptable’

ISLAMABAD: All Pakistan Anjuman-e-Tajran (APAT) on Wednesday conveyed to the Minister for Defence Khawaja Muhammad...

Published 29 Dec, 2022 05:59am

Imran will never dissolve KP assembly: minister

KARACHI: Sindh Information Minister Sharjeel Inam Memon, on Wednesday, said that “Imran Khan lacks the courage to...

Published 29 Dec, 2022 05:59am

Journalists urged to use RTI as tool for better reporting

KARACHI: Speakers at a journalists training session on Wednesday called for the implementation of Right to...

Published 29 Dec, 2022 05:59am

Advertising dues: Punjab CM urged to implement media payment formula

KARACHI: In a joint statement issued by APNS, PBA and CPNE, the media organisations have urged CM Punjab Ch Pervaiz...

Published 29 Dec, 2022 05:59am

IoBM, BankIslami become knowledge partners to promote Islamic finance

KARACHI: Institute of Business Management (IoBM) and BankIslami Pakistan Limited signed a MoU on Wednesday. ...

Published 29 Dec, 2022 05:59am

Hamdard Pakistan signs agreement with Gennec Health

KARACHI: Hamdard Pakistan (HP) has reached an agreement with Gennec Health Sciences Pvt. Ltd, to manufacture some of...

Published 29 Dec, 2022 05:59am

IHC stops process for appointment of DG Hajj

ISLAMABAD: After the Religious Affairs Ministry resorted to deprive the female officers from enjoying equal rights ...

Published 29 Dec, 2022 05:59am

Middle East

Saudi Arabia seizes 30 tonnes of the narcotic khat

RIYADH: Saudi Arabia on Wednesday said it had seized nearly 30 tonnes of the mildly narcotic shrub khat this month,...

Published 29 Dec, 2022 05:59am

CS asks officials to complete arrangements for census soon

LAHORE: Punjab’s Chief Secretary Abdullah Khan Sumbal on Wednesday directed the authorities to complete the...

Published 29 Dec, 2022 05:59am

Alvi upholds Mohtasib orders on risk allowance for 37 employees of NIRM, FGSH

ISLAMABAD: President Dr Arif Alvi has upheld the orders of the Wafaqi Mohtasib (WM) to grant Covid Health Risk...

Published 29 Dec, 2022 05:59am

PDWP approves five development schemes

LAHORE: The Punjab Provincial Development Working Party approved five development schemes of various sectors with an...

Published 29 Dec, 2022 05:59am

Proceedings of ‘new year’ event relayed live at Chinese embassy

ISLAMABAD: The Cultural Office of the Embassy of the People’s Republic of China and China Cultural Centre in...

Published 29 Dec, 2022 05:59am

Govt urged to revive Centre’s job quota for next 30 years

ISLAMABAD: A parliamentary panel has recommended to the government to revive the federal government’s employment...

Published 29 Dec, 2022 05:59am

Fawad terms talk of technocrats’ govt ‘joke’

ISLAMABAD: Senior leader of Pakistan Tehreek-e-Insaf (PTI) Fawad Chaudhry on Wednesday categorically said that any...

Published 29 Dec, 2022 05:59am

Dar, his team trying to steer country out of crisis: governor

LAHORE: Punjab Governor Muhammad Balighur Rehman said on Wednesday that Pakistan Muslim League-N has always ...

Published 29 Dec, 2022 05:59am

Entry of heavy vehicles into Karachi: Sindh govt vows to implement court decision

KARACHI: Sindh government has taken important decisions to improve the traffic flow in Karachi and decided to...

Published 29 Dec, 2022 05:59am

Arts

Pakistani gets medal at ‘Monaco Phil 2022’ for his stamps collection

KARACHI: Muhammad Arif Balgamwala — a former MC member, former chairman of the Diplomatic Sub-Committee of KCCI,...

Published 29 Dec, 2022 05:59am

Alkhidmat announces results of ‘Bano Qabil’ test given to girls

KARACHI: Alkhidmat Karachi has announced results of the girls’ aptitude test for its unique IT courses of Bano...

Published 29 Dec, 2022 05:59am

8,700 students complete training through NFTP

LAHORE: More than 8,700 students have completed training through the National Freelance Training Programme (NFTP), ...

Published 29 Dec, 2022 05:59am

The Weather

KARACHI: The weather report on Wednesday (December 28, 2022) and the forecast for Thursday (December 29, 2022)...

Published 29 Dec, 2022 05:59am

Stocks

Last date of renunciation/payment

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

Published 29 Dec, 2022 05:59am

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 29 Dec, 2022 05:59am

Rates

Stock market nosedives

KARACHI: Pakistan Stock Exchange Wednesday witnessed bearish trend and closed in red zone due to selling in almost...

Published 29 Dec, 2022 05:59am

Energy

Nepra recognises TGW, KPCL as ‘outstanding performers’

KARACHI: National Electric and Power Regulatory Authority (Nepra) awarded Karot Power Company Ltd (KPCL) and Three...

Published 29 Dec, 2022 05:59am

Energy

Govt paying fixed capacity charges on 50pc unutilised capacity of IPPs

LAHORE: The federal government is paying Fixed Capacity Charges (FCC) on about 50 percent of unutilised capacity of...

Published 29 Dec, 2022 05:59am

Grains

Paris wheat eases after rally

PARIS: Euronext wheat edged lower on Wednesday, consolidating after a sharp rally in the past week, while traders...

Published 29 Dec, 2022 05:59am

Energy

US natgas futures up

NEW YORK: US natural gas futures edged higher on Tuesday as winter storms across the country curtailed gas output...

Published 29 Dec, 2022 05:59am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 106,159 tonnes of cargo comprising 100,467 tonnes of import cargo and 5,692...

Published 29 Dec, 2022 05:59am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 28, 2022)....

Published 29 Dec, 2022 05:59am

Cotton & Textile

Trading volume remains low on cotton market

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

Published 29 Dec, 2022 05:59am

Stocks

European shares end lower

PARIS: European shares closed lower on Wednesday, weighed down by declines in energy stocks, while Britain’s FTSE...

Published 29 Dec, 2022 05:59am

Stocks

Wall St rises on boost from growth stocks

NEW YORK: Wall Street’s main indexes rose on Wednesday, boosted by a rebound in growth stocks as US Treasury ...

Published 29 Dec, 2022 05:59am

Commodities

Copper hits 2-week high on easing China Covid controls

LONDON: Copper prices hit two-week peaks on Wednesday as top consumer China’s easing of COVID restrictions spurred...

Published 29 Dec, 2022 05:59am

Energy

Oil drops 2pc in light trading

NEW YORK: Oil prices dipped on Wednesday as traders weighed concerns over a surge in COVID-19 cases in China, the...

Published 29 Dec, 2022 05:59am

Stocks

Indian shares end tad lower in choppy session

BENGALURU: Indian shares closed marginally lower on Wednesday, after flitting between gains and losses in the ...

Published 29 Dec, 2022 05:59am

Commodities

Palm oil drops after hitting 4-week high

KUALA LUMPUR: Malaysian palm oil futures reversed early gains on Wednesday after hitting a near four-week high on...

Published 29 Dec, 2022 05:59am

Energy

380-cst HSFO dips on selling interest

SINGAPORE: Singapore’s 380-cst high sulphur fuel oil (HSFO) market softened on Wednesday as selling interest...

Published 29 Dec, 2022 05:59am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 28, 2022)...

Published 29 Dec, 2022 05:59am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (December 28, 2022). =======================================...

Published 29 Dec, 2022 05:59am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 28, 2022)....

Published 29 Dec, 2022 05:59am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (December 28, 2022). ======================== Open ...

Published 29 Dec, 2022 05:59am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (December 28, 2022)....

Published 29 Dec, 2022 05:59am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Wednesday (December 28, 2022)....

Published 29 Dec, 2022 05:59am

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 29 Dec, 2022 05:59am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Wednesday (December 28, 2022)....

Published 29 Dec, 2022 05:59am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 29 Dec, 2022 05:59am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (December 28, 2022). ====================================...

Published 29 Dec, 2022 05:59am

Rates

BOARD MEETINGS

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

Published 29 Dec, 2022 05:59am

Rates

Board meetings in progress

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

Published 29 Dec, 2022 05:59am

Rates

Dividend/Bonus Announcements

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

Published 29 Dec, 2022 05:59am

Rates

Proposed right issues

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

Published 29 Dec, 2022 05:59am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (December 28, 2022). ======================== OFFER PRICE...

Published 29 Dec, 2022 05:59am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Wednesday (December 28, 2022). ======================== OFFER PRICE...

Published 29 Dec, 2022 05:59am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Wednesday (December 28, 2022). ======================== OFFER PRICE...

Published 29 Dec, 2022 05:59am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Wednesday (December 28, 2022). ======================== OFFER PRICE...

Published 29 Dec, 2022 05:59am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (December 28, 2022). ======================== OFFER PRICE...

Published 29 Dec, 2022 05:59am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (December 28, 2022). ======================== OFFER PRICE...

Published 29 Dec, 2022 05:59am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Wednesday (December 28, 2022). ======================== OFFER PRICE...

Published 29 Dec, 2022 05:59am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Wednesday (December 28, 2022). ======================== OFFER PRICE...

Published 29 Dec, 2022 05:59am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Wednesday (December 28, 2022). ======================== OFFER PRICE...

Published 29 Dec, 2022 05:59am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (December 28, 2022). ========================== ...

Published 29 Dec, 2022 05:59am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (December 28, 2022)....

Published 29 Dec, 2022 05:59am

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 29 Dec, 2022 05:59am

Forex

Open market rates of foreign currencies

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

Published 29 Dec, 2022 05:59am

Imran Khan says doesn’t see elections in ‘near future’

It is necessary for ‘people’ sitting behind the government to agree for the fresh election, adds the PTI chairman

Updated 29 Dec, 2022 08:52am

Dar addresses ebbing investor confidence

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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