News Archives for Print - 2023-01-03

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Print - 2023-01-03

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 Jan, 2023 03:25am

Stocks

Last date of renunciation/payment

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

Published 03 Jan, 2023 03:25am

The Weather

KARACHI: The weather report on Monday (January 02, 2023) and the forecast for Tuesday (January 03, 2023)...

Published 03 Jan, 2023 03:25am

Salaam Takaful: Message from Rizwan Hussain Managing Director &CEO Salaam Takaful Limited

TEXT: Alhamdulillah, another year has passed and by the grace of Almighty, Salaam Takaful again has mounted a new...

Published 03 Jan, 2023 03:25am

ESG – an important element of Salaam Takaful’s DNA

TEXT: Environmental, social, and governance (ESG) standards and their implementation – often referred to simply as...

Published 03 Jan, 2023 03:25am

Surplus Distribution to Policyholders – A hallmark of

TEXT: Islamic Insurance initiated by Salaam Takaful in Pakistan Takaful and conventional insurance at first glance...

Published 03 Jan, 2023 03:25am

Salaam Livestock Takaful – Ultimate peace of mind for livestock farmers

TEXT: Salaam Livestock Takaful is an important financial tool for farmers and ranchers in Pakistan, as it provides...

Published 03 Jan, 2023 03:25am

Pay As You Drive - The smartest loss protection coverage for your car

TEXT: At Salaam Takaful Limited, we have always made it a point to provide our participants with more than just...

Published 03 Jan, 2023 03:25am

Parametric Crop Takaful – Where Agritech and Insurtech come together to create phenomenal value

TEXT: Salaam Takaful boasts itself as the leading Shariah-compliant insurtech, primarily because of digitized and...

Published 03 Jan, 2023 03:25am

Parametric-based flight disruption coverage

TEXT: Salaam Takaful Limited, the largest dedicated general takaful operator and the first Islamic Insurtech in...

Published 03 Jan, 2023 03:25am

Sri Lanka freezes recruitment in fresh austerity drive

COLOMBO: Sri Lanka began a fresh austerity drive Monday, freezing government recruitment as new taxes and higher...

Published 03 Jan, 2023 03:25am

Europe

Harry sees ‘no willingness to reconcile’ in royal rift

LONDON: Prince Harry sees “no willingness to reconcile” in a palace rift where leaks portray him and his wife...

Published 03 Jan, 2023 03:25am

South Asia

India’s SC upholds legality of 2016 demonetisation

NEW DELHI: India’s Supreme Court on Monday upheld the legality of the government decision in 2016 to demonetise ...

Published 03 Jan, 2023 03:25am

Europe

Israeli forces kill two Palestinians

KAFR-DAN: Israeli forces killed a Hamas militant and another Palestinian during clashes near the occupied West Bank...

Published 03 Jan, 2023 03:25am

Money & Banking

Ali Latif named as non-executive director on SBP board

KARACHI: The council member of Institute of Chartered Accountants of Pakistan (ICAP), M Ali Latif, is appointed as...

Published 03 Jan, 2023 03:25am

Floods, political instability have taken heavy toll on economy: experts

KARACHI: The economic outlook of the country has deteriorated significantly owing to the floods and political...

Published 03 Jan, 2023 03:25am

46 Pakistani organisations win annual GDEIB awards 2022

ISLAMABAD: Pakistani organisations have won the Global Diversity, Equity and inclusion Benchmarks annual award ...

Published 03 Jan, 2023 03:25am

Punjab govt to extend subsidy to farmers for sunflower cultivation

LAHORE: The Punjab government has decided to extend a subsidy to farmers interested in sunflower cultivation at the...

Published 03 Jan, 2023 03:25am

Call for observing 2023 as year of women’s rights, self-reliance

LAHORE: The Post Graduate Medical Institute (PGMI) Principal Prof Dr Muhammad Al-Fareed Zafar has said that Year ...

Published 03 Jan, 2023 03:25am

State must pay heed to Gwadar’s legitimate grievances: HRCP

LAHORE: Having closely followed the recent mass demonstrations in Gwadar, the Human Rights Commission of Pakistan...

Published 03 Jan, 2023 03:25am

Chaudhry Sarwar meets PPP leaders

LAHORE: Former governor Punjab Chaudhry Sarwar met former prime minister Syed Yousaf Raza Gillani and Pakistan ...

Published 03 Jan, 2023 03:25am

PML-N leader meets PM in Lahore

LAHORE: Pakistan Muslim League-Nawaz (PML-N) leader and the former provincial minister Bilal Yaseen MPA called on...

Published 03 Jan, 2023 03:25am

Up to 15,000 people have lost jobs in one area alone: secretary

LAHORE: Punjab Secretary Industries, Commerce, Investment and Skill Development Department Lt Sohail Ashraf (r) has...

Published 03 Jan, 2023 03:25am

PBM launches Orphans and Widows Support Programme to encourage girl education

KARACHI: Pakistan Bait-ul-Mall, on Monday, launched Orphans and Widows Support Program aimed at grant of monthly...

Published 03 Jan, 2023 03:25am

Future Fest 2023 to start on 6th

LAHORE: To host leading Saudi companies and investors in the provincial capital, Pakistan’s tech conference and...

Published 03 Jan, 2023 03:25am

Controversial tweets case: IHC grants Swati post-arrest bail

ISLAMABAD: The Islamabad High Court (IHC) on Monday granted bail to the Pakistan Tehreek-e-Insaf (PTI) leader ...

Published 03 Jan, 2023 03:25am

PTI leadership lauds IHC for granting bail to Swati

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leadership on Monday lauded the Islamabad High Court (IHC)’s decision to...

Published 03 Jan, 2023 03:25am

Anger in Russia as scores of troops killed in one of war’s deadliest strikes

KYIV: Russia acknowledged on Monday that scores of its troops were killed in one of the Ukraine war’s deadliest...

Updated 03 Jan, 2023 09:01am

Deployment of broadband technology and ROW: Govt should devise uniform policy, says CCP

ISLAMABAD: The Competition Commission of Pakistan (CCP) has recommended that the government should devise a uniform...

Published 03 Jan, 2023 03:25am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (January 02, 2023)....

Published 03 Jan, 2023 03:25am

Rates

Proposed right issues

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

Published 03 Jan, 2023 03:25am

Rates

Dividend/Bonus Announcements

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

Published 03 Jan, 2023 03:25am

Rates

Board meetings in progress

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

Published 03 Jan, 2023 03:25am

Rates

BOARD MEETINGS

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

Published 03 Jan, 2023 03:25am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (January 02, 2023). ==================================== BR...

Published 03 Jan, 2023 03:25am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 03 Jan, 2023 03:25am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (January 02, 2023)....

Published 03 Jan, 2023 03:25am

Letters

Financial improprieties

It was only recently that Japan’s Reconstruction Minister Kenya Akiba entered the prime minister’s official...

Published 03 Jan, 2023 03:25am

Stresses on the federation

The public eye has been focused on the on-going confrontation between the federal government of the PDM and the...

Published 03 Jan, 2023 03:25am

Terrorism hydra, again

A pale sun greeted a troubled Pakistan on the first day of the new year. Traditional greetings wishing friends and...

Published 03 Jan, 2023 03:25am

Outlook 2023

After a very disappointing and disorderly year end, the global market is probably heading for another difficult...

Published 03 Jan, 2023 03:25am

Carnival of trumpets and colour returns to Cape Town

Dressed in a green shirt with yellow and white polka dots, a blue pacifier in his mouth, two-year-old Thaakir Buzic...

Published 03 Jan, 2023 03:25am

Stocks

European shares start 2023 on upbeat note on encouraging factory data

PARIS: European shares rose in the first trading session of 2023 on Monday as euro zone manufacturing data suggested...

Published 03 Jan, 2023 03:25am

Stocks

Gulf shares start year in upbeat mood; Egypt outperforms peers

DUBAI: Most major Gulf equities got off to a good 2023 start on Monday, with Egypt outperforming regional peers, as...

Published 03 Jan, 2023 03:25am

Stocks

Indian shares close first 2023 session on a positive note

BENGALURU: Indian shares closed higher on Monday, the first trading session of 2023, helped by an uptick in metals...

Published 03 Jan, 2023 03:25am

Stocks

Asian markets closed

HONG KONG: Financial markets in Australia, China, Hong Kong, Japan, Malaysia, New Zealand, Singapore and Taiwan were...

Published 03 Jan, 2023 03:25am

Partly Facetious: The constipation challenge

“Hmmmm…” “That sounds ominous.” “Hey hmmmm is a sound that we Pakistanis make when we…we…”...

Published 03 Jan, 2023 03:25am

Expatriates should take steps to improve Pakistan’s image: president

ISLAMABAD: President Dr Arif Alvi has urged overseas Pakistanis to maintain close and strong connections with the...

Published 03 Jan, 2023 03:25am

Polling for vacant seat on 25th: ECP

ISLAMABAD: The Election Commission of Pakistan (ECP) announced on Monday that polling on a seat which had fallen...

Published 03 Jan, 2023 03:25am

Govt keenly monitoring Covid-19 resurgence threat: NDMA chairman

ISLAMABAD: The government is closely monitoring the threat of the Covid-19 resurgence by adopting all possible...

Published 03 Jan, 2023 03:25am

Movement of wheat from Punjab to KPK: Flour millers demand govt lift restrictions

PESHAWAR: Flour millers in Khyber Pakhtunkhwa demanded the government to lift the restriction on movement of wheat...

Published 03 Jan, 2023 03:25am

Punjab PA Speaker, Deputy Speaker: PML-N withdraws no-trust motions

LAHORE: Pakistan Muslim League-Nawaz (PML-N) has withdrawn no-confidence motions submitted against Punjab Assembly...

Published 03 Jan, 2023 03:25am

Five-day training programme for SAU security staff begins

HYDERABAD: A five-day training programme for security staff of the Sindh Agriculture University (SAU), Tandojam, has...

Published 03 Jan, 2023 03:25am

Alkhidmat starts interviewing girls for free IT courses

KARACHI: The Karachi chapter of Alkhidmat Foundation on Monday started interviews for girls for its free IT courses...

Published 03 Jan, 2023 03:25am

Bilawal, Nong agree to maintain momentum on CPEC

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari and Chinese Ambassador to Pakistan Nong Rong on Monday reviewed...

Published 03 Jan, 2023 03:25am

CM inaugurates new Punjab Assembly building

LAHORE: Inaugurating the new building of the Punjab Assembly, Chief Minister Chaudhry Pervaiz Elahi said on Monday...

Published 03 Jan, 2023 03:25am

Banks, shops reopened in Gwadar, chief secretary told

QUETTA: Balochistan Chief Secretary Abdul Aziz Ugaili on Monday chaired a high-level meeting to review the current...

Published 03 Jan, 2023 03:25am

Flour shortage continues in Balochistan

QUETTA: Shortage of flour is continuing in Balochistan and the price of a 20kg bag of the commodity has reached...

Published 03 Jan, 2023 03:25am

HEC asks varsities to implement revised Teacher Education Roadmap

ISLAMABAD: The Higher Education Commission (HEC) has issued letters to the heads of all public and private sector...

Published 03 Jan, 2023 03:25am

Indonesia sends relief goods for flood victims

KARACHI: The third and fourth batches of humanitarian goods from the people and government of Indonesia for the...

Published 03 Jan, 2023 03:25am

Minister slams ‘fake news’, says no Zardari case transferred to Karachi

HYDERABAD: Provincial Minister for Information, Transportation and Mass Transit Sharjeel Inam Memon has said that...

Published 03 Jan, 2023 03:25am

NA body discusses question of privilege motions

ISLAMABAD: The National Assembly Standing Committee on Rules of Procedure and Privileges discussed the question of...

Published 03 Jan, 2023 03:25am

NUST honours its top researchers, innovators

ISLAMABAD: In recognition of the commitment of faculty members excelling in research and innovation, the National...

Published 03 Jan, 2023 03:25am

PIA introduces package for Umrah pilgrims from China

BEIJING: The Pakistan International Airlines (PIA) has introduced a special package to facilitate Pakistani and ...

Published 03 Jan, 2023 03:25am

Appointment of SACM: SC issues notices in Balochistan govt’s appeal

ISLAMABAD: The Supreme Court issued notices in Balochistan government’s appeal against the Balochistan High...

Published 03 Jan, 2023 03:25am

Schools, colleges reopen across Sindh

KARACHI: All private and government-run schools and colleges across Sindh resumed their regular classes as winter...

Published 03 Jan, 2023 03:25am

Seven die in dumper-van collision

PESHAWAR: Seven people including women and children were killed and five others injured in a head-on collision...

Published 03 Jan, 2023 03:25am

Sedition case: SHC stops police from arresting Shahbaz Gill

KARACHI: The Sindh High Court (SHC) on Monday stopped police from arresting Pakistan Tehreek-e-Insaf (PTI) leader...

Published 03 Jan, 2023 03:25am

Sohail Mahmood assumes charge as ISSI chief

ISLAMABAD: Ambassador Sohail Mahmood (retd) has assumed charge as director-general of the Institute of Strategic...

Published 03 Jan, 2023 03:25am

Forex

Open market rates of foreign currencies

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

Published 03 Jan, 2023 03:25am

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 Jan, 2023 03:25am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (January 02, 2023)....

Published 03 Jan, 2023 03:25am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 02, 2023)....

Published 03 Jan, 2023 03:25am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (January 02, 2023). ======================================= Offset...

Published 03 Jan, 2023 03:25am

Rates

LME official prices

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

Published 03 Jan, 2023 03:25am

Energy

Asia fuel oil refining margins fall

SINGAPORE: Asia’s fuel oil refining margins were set for annual declines, data showed on Friday, amid higher...

Published 03 Jan, 2023 03:25am

Commodities

Gold prices soar to record high

KARACHI: Gold prices on Monday shot up to the all-time highs on the local market, traders said. They soared by Rs...

Published 03 Jan, 2023 03:25am

Commodities

China copper smelters keep Q1 2023 treatment charges same as prior quarter

FOSHAN (China): China’s top copper smelters agreed to make no change to the guidance price for treatment and...

Published 03 Jan, 2023 03:25am

Energy

Oil explorer Inpex to merge Tokyo trading unit into Singapore desk

TOKYO: Japanese oil and gas explorer Inpex Corp plans to absorb its separate Tokyo trading business into the company...

Published 03 Jan, 2023 03:25am

Energy

European gas prices fall to lowest level since Ukraine war

PARIS: Europe’s wholesale natural gas prices fell Monday to their lowest level since Russia invaded Ukraine, which...

Published 03 Jan, 2023 03:25am

Commodities

Argentina’s soya sales near 80pc of harvest, lag previous year

BUENOS AIRES: Argentina’s farmers have sold 78.9% of the 2021/2022 soybean harvest so far, the agriculture ...

Published 03 Jan, 2023 03:25am

Cotton & Textile

Firm trend on cotton market

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

Published 03 Jan, 2023 03:25am

Cotton & Textile

Cotton spot rates

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

Published 03 Jan, 2023 03:25am

Commodities

CBOT wheat ends year higher

CHICAGO: Chicago Board of Trade wheat futures firmed on Friday, amid technical trading and continued concerns over...

Published 03 Jan, 2023 03:25am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 276,524 tonnes of cargo comprising 189,122 tonnes of import cargo and 87,402...

Published 03 Jan, 2023 03:25am

Commodities

Copper set for first yearly fall since 2018 on slowdown woes

BENGALURU: Copper edged up on Friday, but was heading for its first yearly decline since 2018 as an overall stronger...

Published 03 Jan, 2023 03:25am

Commodities

Paris wheat to post 2022 gain

PARIS: Euronext wheat was set to finish 2022 with an 11.5% annual rise, after a year in which the market hit record...

Published 03 Jan, 2023 03:25am

Commodities

Gold sees best quarter since mid-2020 in a Fed-driven year

NEW YORK: Gold prices were set to wrap up their best quarter since June 2020 on Friday on investor expectations the...

Published 03 Jan, 2023 03:25am

Commodities

Corn futures ease on profit-taking

CHICAGO: Chicago Board of Trade corn futures eased on Friday, as worries over global demand - particularly in the...

Published 03 Jan, 2023 03:25am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.574 ...

Published 03 Jan, 2023 03:25am

SRB collects record revenue of Rs17.6bn in December

KARACHI: Sindh Revenue Board (SRB) has made a record revenue collection of Rs 17.6 billion in December 2022....

Updated 03 Jan, 2023 09:01am

LG polls in Islamabad: ECP’s plea seeking suspension of IHC single bench’s verdict dismissed

ISLAMABAD: The Islamabad High Court (IHC) on Monday dismissed the Election Commission of Pakistan's (ECP) plea to...

Updated 03 Jan, 2023 09:01am

‘Expose govt’s failures’, IK asks spokespersons

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has instructed the party spokespersons to inform the...

Updated 03 Jan, 2023 09:02am

GST or duty on imported DAP fertilizer: Body to analyse proposal of industry

ISLAMABAD: The government has constituted a committee to analyse a proposal of the domestic industry to impose...

Updated 03 Jan, 2023 09:07am

Redress grievances of provinces, Nepra asks NTDC

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has asked the National Transmission and Dispatch...

Updated 03 Jan, 2023 09:05am

Inflation refuses to be tamed, rises to 24.5pc

The CPI in the first half (July-December) of current fiscal year on average remained at 25.02per cent compared to 9.81 per cent during the same period of the last fiscal year

Updated 03 Jan, 2023 09:09am

Petroleum levy on HSD hiked

ISLAMABAD: After maxing out on the legislated petroleum levy on petrol at 50 rupees per litre effective 1 November,...

Updated 03 Jan, 2023 09:04am

Senate panel questions govt’s ‘seriousness’ about power sector

ISLAMABAD: The government’s seriousness to deal with the issues of the power sector was questioned as NTDC was...

Updated 03 Jan, 2023 09:04am

Rates

PSX ends on strong positive note

KARACHI: Investors at Pakistan Stock Exchange on Monday warmly welcomed the new-year on expectations of improvement...

Published 03 Jan, 2023 03:25am

PM-led NSC links national security to economic security

Finance minister briefs forum about economic stability roadmap of the government including the status of discussions with international financial institutions

Updated 03 Jan, 2023 09:05am

Previous Day

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

Gainers
Losers
Leaders

Stock	Price
Gulshan Sp. / Apr 15 Gulshan Spinning Mills Limited(GSPM)	3.70 ▲ 0.53 (16.72%)
Escorts Bank / Apr 15 Escorts Investment Bank Limited(ESBL)	6.49 ▲ 0.85 (15.07%)
Tariq Corp.Pref. / Apr 15 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.29 ▲ 0.79 (10.53%)
First Capital Equities / Apr 15 First Capital Equities Limited(FCEL)	4.97 ▲ 0.47 (10.44%)
Sanghar Sugar / Apr 15 Sanghar Sugar Mills Limited(SANSM)	55.51 ▲ 5.05 (10.01%)
First Elite Cap.Mod / Apr 15 First Elite Capital Modaraba(FECM)	17.70 ▲ 1.61 (10.01%)
Tariq Corporation / Apr 15 Tariq Corporation Limited(TCORP)	16.16 ▲ 1.47 (10.01%)
Chakwal Spinning / Apr 15 Chakwal Spinning Mills Limited(CWSM)	47.87 ▲ 4.35 (10%)
Nimir Resins / Apr 15 Nimir Resins Limited(NRSL)	35.08 ▲ 3.19 (10%)
PIA Holding Co.B / Apr 15 PIA Holding Company Limited B(PIAHCLB)	1,608.64 ▲ 146.24 (10%)

Stock	Price
Pak Gen.Ins. / Apr 15 The Pakistan General Insurance Co. Ltd.(PKGI)	8.25 ▼ -0.84 (-9.24%)
Zahid Jee Textile / Apr 15 Zahidjee Textile Mills Limited(ZAHID)	25.36 ▼ -2.57 (-9.2%)
Ruby Textile / Apr 15 Ruby Textile Mills Limited(RUBY)	7.10 ▼ -0.67 (-8.62%)
First Tri-Star Mod. / Apr 15 First Tri-Star Modaraba(FTSM)	12.03 ▼ -1.04 (-7.96%)
Supernet Tech. / Apr 15 Supernet Technologies Limited(STL)	742 ▼ -58.74 (-7.34%)
Pak Gulf Leasing / Apr 15 Pak-Gulf Leasing Company Limited(PGLC)	18.15 ▼ -1.35 (-6.92%)
Bannu Woollen / Apr 15 Bannu Woollen Mills Limited(BNWM)	32.21 ▼ -2.27 (-6.58%)
B.R.R. Guardian / Apr 15 B.R.R. Guardian Limited(BRRG)	21 ▼ -1.47 (-6.54%)
ZIL Limited / Apr 15 ZIL Limited(ZIL)	301.69 ▼ -20.85 (-6.46%)
D.M. Textile / Apr 15 D.M. Textile Mills Limited(DMTX)	49.70 ▼ -3.34 (-6.3%)

Stock	Volume
Cnergyico PK / Apr 15 Cnergyico PK Limited(CNERGY)	55,091,076 ▼ -0.07
Pak Int.Bulk / Apr 15 Pakistan International Bulk Terminal(PIBTL)	45,232,730 ▼ -0.13
Sui South Gas / Apr 15 Sui Southern Gas Company Limited(SSGC)	31,842,819 ▲ 0.26
B.O.Punjab / Apr 15 The Bank of Punjab(BOP)	27,341,890 ▲ 0.15
Pak Elektron / Apr 15 Pak Elektron Limited(PAEL)	17,487,097 ▲ 0.03
Dewan Cement / Apr 15 Dewan Cement Limited(DCL)	16,758,343 ▲ 0.45
K-Electric Ltd. / Apr 15 K-Electric Limited(KEL)	13,886,346 ▲ 0.01
WorldCall Telecom / Apr 15 Worldcall Telecom Limited(WTL)	13,751,334 ▲ 0.02
Pak Stock Exchange / Apr 15 Pakistan Stock Exchange Limited(PSX)	13,502,803 ▼ -0.58
Hub Power Co. / Apr 15 The Hub Power Company Limited(HUBC)	11,216,011 ▲ 0.85

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