News Archives for Print - 2023-02-03

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Print - 2023-02-03

Chad opens first embassy in Israel

OCCUPIED JERUSALEM: Chadian President Mahamat Idriss Deby Itno on Thursday opened his majority-Muslim country’s...

Published 03 Feb, 2023 07:18am

Europe

EU parliament lifts immunity of two MEPs in graft probe

BRUSSELS: The European Parliament on Thursday lifted the immunity of two lawmakers targeted in a Belgian probe into...

Published 03 Feb, 2023 07:03am

The Weather

KARACHI: The weather report on Thursday (February 02, 2023) and the forecast for Friday (February 03, 2023)...

Published 03 Feb, 2023 06:17am

HBL-PSL tournament: Babar, Sarfaraz and Shaheen vow to play good cricket

LAHORE: As the eighth edition of the HBL-Pakistan Super League continues to grip the imagination of the entire...

Published 03 Feb, 2023 06:17am

BMG, KCCI condemn attack on Lakhani

KARACHI: The leadership of Businessmen Group (BMG) and office-bearers of the Karachi Chamber of Commerce and ...

Published 03 Feb, 2023 06:17am

National, provincial legislative bodies: FAFEN calls for introducing divisional quotas for women seats

ISLAMABAD: The Free and Fair Election Network (FAFEN) has called for introducing divisional quotas for seats ...

Published 03 Feb, 2023 06:17am

Stakeholders urged to take joint steps to eliminate terror groups

ISLAMABAD: Sindh Labour and Manpower Minister Saeed Ghani has said that all the political parties, forces, and other...

Published 03 Feb, 2023 06:17am

Plea for Imran’s disqualification: IHC decides to form larger bench to hear case

ISLAMABAD: The Islamabad High Court (IHC) on Thursday decided to form a larger bench to hear a petition seeking the...

Published 03 Feb, 2023 06:17am

Report on prohibited funding issue: IHC throws out Imran’s plea on ECP findings

ISLAMABAD: The Islamabad High Court (IHC) on Thursday dismissed the Pakistan Tehreek-e-Insaf’s (PTI) petition...

Published 03 Feb, 2023 06:17am

IoBM holds annual ‘career fair’

KARACHI: The Institute of Business Management (IoBM) recently held its annual Career Fair 2023 to facilitate...

Published 03 Feb, 2023 06:17am

Kundi opens symposium on ‘promoting gender justice’

ISLAMABAD: State Minister for Poverty Alleviation and Social Safety Faisal Karim Kundi on Thursday inaugurated the...

Published 03 Feb, 2023 06:17am

Amir Saeed Rawn detention: LHC directs CCPO to appear in person

LAHORE: The Lahore High Court on Thursday directed the Capital City Police Officer (CCPO) to appear before the court...

Published 03 Feb, 2023 06:17am

Resignations: LHC to hear plea of 43 PTI MNAs today

LAHORE: The Lahore High Court will proceed with a petition filed by 43 MNAs of the Pakistan Tehreek-i-Insaf (PTI)...

Published 03 Feb, 2023 06:17am

Navy chief inaugurates hospital in Turbat

KARACHI: Chief of the Naval Staff Admiral Muhammad Amjad Khan Niazi visited forward posts in coastal areas and...

Published 03 Feb, 2023 06:17am

Challenge of terrorism: Pakistan asks Afghan govt to fulfil commitments

ISLAMABAD: Pakistan on Thursday asked the interim Afghan government to fulfil its commitment with sincerity and in...

Published 03 Feb, 2023 06:17am

Pakistani student achieves highest mark in ACCA test

KARACHI: The Association of Chartered Certified Accountants (ACCA) has announced the results of examinations given ...

Published 03 Feb, 2023 06:17am

PM chairs review meeting on Kashmir day

ISLAMABAD: Prime Minister Shehbaz Sharif chaired a special review meeting regarding preparations for Kashmir...

Published 03 Feb, 2023 06:17am

Illegal activation of SIMs: PTA, FIA conduct successful raid on franchisee in Wah

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) in collaboration with the Federal Investigation Agency...

Published 03 Feb, 2023 06:17am

Rs600bn spent on KP’s security in a decade: Taimur Jhagra

PESHAWAR: Former provincial minister for finance Taimur Saleem Khan Jhagra has clarified that Rs600 billion has been...

Published 03 Feb, 2023 06:17am

Sedition case: Indictment of Shahbaz Gill, others deferred till 11th

ISLAMABAD: A local court on Thursday deferred the indictment of Pakistan Tehreek-e-Insaf (PTI) leader Shahbaz Gill...

Published 03 Feb, 2023 06:17am

Europe

Turkey summons nine Western envoys over security warnings

ANKARA: Turkey on Thursday summoned the ambassadors and top envoys of nine countries to condemn the mass closure of...

Published 03 Feb, 2023 06:17am

Iraq, Saudi seek to boost economic cooperation

BAGHDAD: Iraq’s foreign minister on Thursday called for more economic cooperation with Saudi Arabia, namely in...

Published 03 Feb, 2023 06:17am

Blinken to meet China’s Xi during Beijing visit: Financial Times

WASHINGTON: US Secretary of State Antony Blinken will meet with China’s President Xi Jinping during a visit to...

Published 03 Feb, 2023 06:17am

Europe

EU lawmakers back ban on foreign funding of political ads

BRUSSELS: The European Parliament voted Thursday in support of banning foreign funding for political advertisements...

Published 03 Feb, 2023 06:17am

Norway police ban anti-Islam protest

ANKARA/OSLO: Norwegian police on Thursday banned a planned anti-Islam protest including the burning of a copy of the...

Published 03 Feb, 2023 06:17am

Japanese govt donates X-ray machine to Alkhidmat

KARACHI: The Japanese government has donated a latest x-rays machine to Alkhidmat Karachi to help the citizens...

Published 03 Feb, 2023 06:17am

Governor, Shujaat’s son discuss political situation

LAHORE: Governor Punjab Muhammad Balighur Rehman said on Thursday that the country’s development is possible only...

Published 03 Feb, 2023 06:17am

Fatima Fertilizer teams up with Multan Sultans for PSL’s 8th season

LAHORE: Fatima Fertilizer signed a Memorandum of Understanding (MoU) with Multan Sultans, renewing their partnership...

Published 03 Feb, 2023 06:17am

‘Country heading towards digital catastrophe’

ISLAMABAD: The chief executive officers of Pakistan’s largest telecom companies have warned that the country is...

Updated 03 Feb, 2023 10:35am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Thursday (February 02, 2023)....

Published 03 Feb, 2023 06:17am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (February 02, 2023). ========================== KIBOR...

Published 03 Feb, 2023 06:17am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (February 02, 2023). ======================== OFFER PRICE...

Published 03 Feb, 2023 06:17am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (February 02, 2023). ======================== OFFER PRICE...

Published 03 Feb, 2023 06:17am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (February 02, 2023). ======================== OFFER PRICE...

Published 03 Feb, 2023 06:17am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (February 02, 2023). ======================== OFFER PRICE...

Published 03 Feb, 2023 06:17am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (February 02, 2023). ======================== OFFER PRICE...

Published 03 Feb, 2023 06:17am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (February 02, 2023). ======================== OFFER PRICE...

Published 03 Feb, 2023 06:17am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Thursday (February 02, 2023). ======================== OFFER PRICE...

Published 03 Feb, 2023 06:17am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (February 02, 2023). ======================== OFFER PRICE...

Published 03 Feb, 2023 06:17am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (February 02, 2023). ======================== OFFER PRICE...

Published 03 Feb, 2023 06:17am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (February 02, 2023). ======================== OFFER ...

Published 03 Feb, 2023 06:17am

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 Feb, 2023 06:17am

Stocks

Last date of renunciation/payment

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

Published 03 Feb, 2023 06:17am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 03 Feb, 2023 06:17am

Letters

PBC heaping praise on SBP

According to media reports, a Pakistan Business Council (PBC) delegation that has recently met the Governor of the...

Published 03 Feb, 2023 06:17am

Lethargic economic management

About 84% of countries are expected to have lower headline (consumer price index) inflation in 2023 than in 2022....

Published 03 Feb, 2023 06:17am

Both IMF, govt need serious policy path correction

The International Monetary Fund (IMF) in its recently-released flagship report ‘World Economic Outlook [WEO] update:...

Updated 03 Feb, 2023 10:27am

Is investor’s fright an investment’s flight?

Pakistan is nestled in the southern part of Asia, sitting precariously between Afghanistan, India, Iran, and below...

Published 03 Feb, 2023 06:17am

Can Pakistan break cycle of destruction in flood rebuilding?

It is nearly five months since floodwaters swept away Muhammad Fazal’s general store in southern Pakistan. Today,...

Published 03 Feb, 2023 06:17am

Stocks

Nasdaq soars more than 3pc on Meta boost

NEW YORK: The Nasdaq rose to a near five-month intraday high as Meta Platforms surged on rigorous cost controls,...

Published 03 Feb, 2023 06:17am

Stocks

Indian shares struggle as Adani rout deepens

BENGALURU: Indian shares struggled for direction on Thursday as the week-long rout in Adani Group stocks persisted,...

Published 03 Feb, 2023 06:17am

JI will hold ‘peace march’ in Peshawar on 8th

LAHORE: Jamaat-e-Islami would hold peace march in Peshawar on February 8, said JI emir Sirajul Haq on Thursday,...

Published 03 Feb, 2023 06:17am

Nawaz to return home within a few weeks: Maryam

BAHAWALPUR: Pakistan Muslim League Nawaz (PML-N) senior vice-president Maryam Nawaz said that the party supremo ...

Published 03 Feb, 2023 06:17am

Political leadership urged to forge unity to combat terrorism

LAHORE: Expressing concern over acts of terrorism, analysts urged the political leadership of the country to forge...

Published 03 Feb, 2023 06:17am

‘Suicide bomber identified’: Investigators ‘closing in’ on terror network behind Peshawar blast: IGP

PESHAWAR: Khyber Pakhtunkhwa Inspector General of Police Moazzam Jah Ansari on Thursday said that suicide bomber...

Published 03 Feb, 2023 06:17am

Special advisory board meeting of NIMA held

ISLAMABAD: The 5th (Special) Advisory Board Meeting of National Institute of Maritime Affairs (NIMA) was held on...

Published 03 Feb, 2023 06:17am

PARTLY FACETIOUS: Khan’s green ring is back on his right finger

“I call it the Great Return.” “Well NMN says she is not hungry for party appointments and it’s about love of...

Published 03 Feb, 2023 06:17am

Martial law-like situation to follow if polls not held in stipulated period: Fawad

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry on Thursday categorically said that if the election...

Published 03 Feb, 2023 06:17am

Azad Kashmir, Gilgit-Baltistan: Senate body looks into utilisation of budget allocations

ISLAMABAD: The Senate Standing Committee on Kashmir Affairs and Gilgit-Baltistan, Thursday, deliberated on budgetary...

Published 03 Feb, 2023 06:17am

NFTP graduation ceremony held at IIUI

ISLAMABAD: A graduation ceremony of the National Freelance Training Program (NFTP) was held at the new campus of the...

Published 03 Feb, 2023 06:17am

Rehabilitation of roads in SITE area: ECC approves Rs1bn grant

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved a technical...

Published 03 Feb, 2023 06:17am

Barrister Shehzad appointed new AGP

ISLAMABAD: After two months of controversy, the federal government on Thursday appointed Barrister Shehzad Ata Elahi...

Published 03 Feb, 2023 06:17am

Rashid remanded in police custody

ISLAMABAD: A local court on Thursday granted a two-day physical remand of former Interior minister and Awami Muslim...

Published 03 Feb, 2023 06:17am

Stocks

Stock market advances

KARACHI: Pakistan Stock Exchange Thursday witnessed a mixed trend and after moving both ways, closed on a positive...

Published 03 Feb, 2023 06:17am

Forex

Open market rates of foreign currencies

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

Published 03 Feb, 2023 06:17am

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 03 Feb, 2023 06:17am

Rates

Proposed right issues

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

Published 03 Feb, 2023 06:17am

Rates

Dividend/Bonus Announcements

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

Published 03 Feb, 2023 06:17am

Rates

BOARD MEETINGS

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

Published 03 Feb, 2023 06:17am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (February 02, 2023). ==================================== ...

Published 03 Feb, 2023 06:17am

Rates

Member to Member

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

Published 03 Feb, 2023 06:17am

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 Feb, 2023 06:17am

Rates

Revised Rates of Debt Securities

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

Published 03 Feb, 2023 06:17am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (February 02, 2023)....

Published 03 Feb, 2023 06:17am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (February 02, 2023). ======================== Open ...

Published 03 Feb, 2023 06:17am

Rates

Shipping Intelligence

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

Published 03 Feb, 2023 06:17am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (February 02, 2023). ======================================= ...

Published 03 Feb, 2023 06:17am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (February 02, 2023)...

Published 03 Feb, 2023 06:17am

Rates

LME official prices

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

Published 03 Feb, 2023 06:17am

Energy

Asia’s gasoil margins fall

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins slipped to the week’s lowest despite thin spot trading ...

Published 03 Feb, 2023 06:17am

Commodities

Palm oil ends lower for second day on weak exports

KUALA LUMPUR: Malaysian palm oil futures closed down for a second straight session on Thursday, weighed down by...

Published 03 Feb, 2023 06:17am

Energy

Oil steadies on mixed economic data

NEW YORK: Oil prices steadied on Thursday on mixed data about the state of the US economy and looming sanctions on...

Published 03 Feb, 2023 06:17am

Commodities

Copper prices fall on stronger dollar

LONDON: Copper prices fell on Thursday as the US dollar strengthened and demand in top consumer China remained slack...

Published 03 Feb, 2023 06:17am

Cotton & Textile

Trading remains satisfactory, spot rate unchanged on cotton market

LAHORE: The local cotton market on Thursday remained bullish and the trading volume remained satisfactory. Cotton...

Published 03 Feb, 2023 06:17am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (February 02, 2023)....

Published 03 Feb, 2023 06:17am

Energy

US natgas futures gain on weather forecasts ahead of storage report

NEW YORK: US natural gas futures rose about 3% on Thursday from a 21-month low in the prior session on forecasts for...

Published 03 Feb, 2023 06:17am

Energy

HSFO spot market extends slide as supplies weigh

SINGAPORE: The spot market for high sulphur fuel oil (HSFO) remained under pressure on Thursday as Russian supplies...

Published 03 Feb, 2023 06:17am

Commodities

Iron ore futures subdued

MANILA: Iron ore futures were subdued on Thursday as traders reassessed demand prospects in key consumer China,...

Published 03 Feb, 2023 06:17am

Grains

Lowest price offer in Egypt’s tender made for Russian wheat

HAMBURG: The lowest price offered in the international tender from Egypt’s state commodities buyer GASC to ...

Published 03 Feb, 2023 06:17am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 105,512 tonnes of cargo comprising 85,543 tonnes of import cargo and 19,969...

Published 03 Feb, 2023 06:17am

Commodities

Asia Coffee: Vietnam market faces thin supplies on high discounts

HANOI/BANDAR LAMPUNG: Trading in Vietnam has resumed after a week-long Lunar New Year break but supplies were thin ...

Published 03 Feb, 2023 06:17am

Grains

Indian rice export prices stay high on strong demand

MUMBAI/ HANOI/ BANGKOK/DHAKA: Rice export prices from India rose to their highest level since April 2021 this week,...

Published 03 Feb, 2023 06:17am

Commodities

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 27.105...

Published 03 Feb, 2023 06:17am

Energy

OMAP requests Ogra chief to save oil industry from financial crisis

LAHORE: The Oil Marketing Association of Pakistan (OMAP) has requested the chairman Oil and Gas Regulatory Authority...

Published 03 Feb, 2023 06:17am

Commodities

Previous Day

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value
Petrol/Litre / Jan 1	254.63
Diesel/Litre / Jan 1	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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