News Archives for Print - 2023-02-12

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Print - 2023-02-12

Automart: car prices in Karachi

Rates in the week ended Saturday February 11, 2023

Published 12 Feb, 2023 04:10am

Miracle rescues as Turkey-Syria quake toll passes 25,000

KAHRAMANMARAS: Rescuers pulled a two-month-old baby and an elderly woman from the rubble on Saturday, five days ...

Published 12 Feb, 2023 03:56am

Turkey-Armenia gate opens for first time in decades to allow aid

ISTANBUL: A border gate between long-feuding Turkey and Armenia has been opened for the first time in 35 years to...

Published 12 Feb, 2023 03:56am

Iran celebrates 44th anniversary of Islamic revolution

TEHRAN: Tens of thousands of Iranians rallied Saturday in Tehran and other major cities to mark the 44th anniversary...

Published 12 Feb, 2023 03:56am

Gill moves LHC against inclusion of name in ECL

LAHORE: PTI leader Shahbaz Gill has approached the Lahore High Court (LHC) against inclusion of his name in the Exit...

Published 12 Feb, 2023 03:56am

Governor hopeful of economic stability soon

LAHORE: The Caretaker Provincial Minister for Local Government and Community Development, Ibrahim Hasan Murad, ...

Published 12 Feb, 2023 03:56am

Islamabad United partners with Ufone 4G for PSL-8

ISLAMABAD: Islamabad United, the most successful franchise in HBL PSL history and the winner of the first and third...

Published 12 Feb, 2023 03:56am

HBL PSL-8: TikTok returns as entertainment partner

KARACHI: After a hugely successful HBL PSL 7, having achieved more than 2.5 billion views, TikTok has returned for...

Published 12 Feb, 2023 03:56am

Customs collector apprised of hindrances in Pak-Afghan trade

PESHAWAR: The newly appointed Collector Customs Appraisement, Ashfaq Ahmad was apprised about hindrances faced by...

Published 12 Feb, 2023 03:56am

National ski, snowboarding championship concludes

KARACHI: The two-day National Ski and Snowboarding Championship concluded in Malam Jabba. Commander Peshawar Corps...

Published 12 Feb, 2023 03:56am

The Weather

KARACHI: The weather report on Saturday (February 11, 2023) and the forecast for Sunday (February 12, 2023)....

Published 12 Feb, 2023 03:56am

IK ‘responsible’ for economic mess, insists Maryam

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) senior vice president Maryam Nawaz on Saturday held former prime...

Updated 12 Feb, 2023 09:42am

Piqued by bitter memories, PM Shehbaz assails NAB

Premier says the country cannot progress unless we abolished the ‘might is right’ concept from our system

Updated 12 Feb, 2023 01:20pm

Non-implementation of single GST return: Provinces to move NTC against FBR

ISLAMABAD: Provinces will take up the issue of the delay in the implementation of the single sales tax return system...

Updated 12 Feb, 2023 09:42am

Govt planning to impose ‘economic emergency’ to perpetuate its rule: PTI

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader and former information minister Fawad Chaudhry Saturday claimed ...

Updated 12 Feb, 2023 09:43am

Rs10bn suit against Khawaja Asif: IK denies allegations against SKMT’s financial affairs

ISLAMABAD: PTI Chairman Imran Khan on Saturday denied sending funds abroad via money laundering while testifying...

Updated 12 Feb, 2023 09:42am

CSAIL seeks PMO’s help to get issues resolved

ISLAMABAD: China Three Gorges South Asia Investment Limited (CSAIL) has sought help from Prime Minister Office (PMO)...

Updated 12 Feb, 2023 09:43am

Scope of inspection under Cos Ord: SC sets aside IHC judgment

Ordinance does not prescribe the same process for an inspection simply because its scope is limited as are its consequences, the order says

Updated 12 Feb, 2023 09:47am

Banking pact with SBP also planned: Kazakhstan intends to sign transit trade deal: envoy

KARACHI: The Ambassador of Kazakhstan Yerzhan Kistafin has said that Kazakhstan intends to sign a Transit Trade...

Updated 12 Feb, 2023 09:43am

Courts can’t examine eligibility in recruitments: LHC

Court observes any deviation from the criteria would allow entry to ineligible persons and deprive many eligible candidates

Updated 12 Feb, 2023 09:48am

Uplift schemes in Cantt Boards: ECC approves Rs450m grant for defence ministry

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a Technical Supplementary Grant...

Updated 12 Feb, 2023 09:43am

Acquittal plea rejected in sedition case: Court fixes 27th as date for Gill’s indictment

ISLAMABAD: A court on Saturday dismissed Pakistan Tehreek-e-Insaf (PTI) leader Shahbaz Gill’s application for...

Updated 12 Feb, 2023 09:43am

PM orders probe

LAHORE: Taking notice of the murder of a man by an unruly mob in Nankana Sahib, Prime Minister Shehbaz Sharif on...

Updated 12 Feb, 2023 09:44am

Mob storms police station, lynches man

LAHORE: A mob here stormed a police station on Saturday and lynched a man under custody and accused of blasphemy,...

Updated 12 Feb, 2023 09:44am

Pak citizen in US donates $30m for people of Turkiye, Syria

ISLAMABAD: An anonymous Pakistani citizen had donated $30 million to provide support to the quake-stricken people of...

Published 12 Feb, 2023 03:56am

Jabbar Khan appointed MD NTDC

LAHORE: The federal government has appointed Engr Dr Rana Abdul Jabbar Khan as Managing Director National...

Published 12 Feb, 2023 03:56am

Turkey tremor evokes questions over building standards

The apartments they once industriously spent so long saving up for, decorating and making comfortable now lie in a...

Published 12 Feb, 2023 03:56am

Biden plans to bar some US investments in China, track others

The Biden administration plans to outright ban investments in some Chinese technology companies and increase ...

Published 12 Feb, 2023 03:56am

Survival without the IMF

Since the end of World War II, the World Bank and the International Monetary Fund (IMF) have emerged as the most...

Updated 12 Feb, 2023 09:36pm

Dire need of investment in Pakistan

The other day, as I was going through a newspaper and something caught my attention. It was heartening to see ...

Published 12 Feb, 2023 03:56am

Is Iran ripe for change?

EDITORIAL: On the occasion of 44th anniversary of anti-Shah revolution (1979 Islamic revolution) Iran seems to have...

Published 12 Feb, 2023 03:56am

Controlling the petrol ‘crisis’

EDITORIAL: Why is the petrol ‘crisis’, or the perception of one at least, being allowed to grow? When the...

Published 12 Feb, 2023 03:56am

Letters

Steel, pharma sectors hit harder

The issue of letters of credit (LCs) has strongly affected the two sectors in particular: construction (read steel)...

Published 12 Feb, 2023 03:56am

1.5m kids to be administered polio drops: commissioner

FAISALABAD: Divisional Commissioner Silwat Saeed said that 1.536 million children up to the age of five years would...

Published 12 Feb, 2023 03:56am

LG poll results: JI holds protest outside ECP office

KARACHI: Jamaat-e-Islami (JI) Karachi staged a protest demonstration outside the Election Commission of Pakistan...

Published 12 Feb, 2023 03:56am

Cold, dry weather likely today

KARACHI: The Met Office on Saturday forecast mainly cold and dry weather for most parts of the country on Sunday....

Published 12 Feb, 2023 03:56am

Ceremony to eulogise ‘unsung heroes of democracy’ tomorrow

ISLAMABAD: The Parliament House will be hosting a ceremony to commemorate the 50 years of unsung heroes of democracy...

Published 12 Feb, 2023 03:56am

PM offers all-out support in Syria’s quake relief efforts

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Saturday called Syrian Arab Republic Prime Minister Hussein...

Published 12 Feb, 2023 03:56am

MQM-P puts off sit-in after deal with PPP on delimitations

KARACHI: After reaching a deal with the Pakistan Peoples’ Party (PPP) on new demarcations of constituencies in...

Published 12 Feb, 2023 03:56am

8th Multinational Naval Exercise: CNS visits foreign ships participating in ‘Aman-2023’

KARACHI: Chief of the Naval Staff Admiral Muhammad Amjad Khan Niazi visited foreign ships of navies participating in...

Published 12 Feb, 2023 03:56am

Reprocessing waste transformer oil: Tax notices withdrawn against Pakistan Wapda Foundation

LAHORE: The Federal Board of Revenue (FBR) has withdrawn notices of excise duty and sales tax against Pakistan Wapda...

Published 12 Feb, 2023 03:56am

Promotion of tourism, heritage: Rs4bn projects launched by WCLA in 2022

LAHORE: To promote tourism and heritage in Punjab, the Walled City of Lahore Authority (WCLA) launched several...

Published 12 Feb, 2023 03:56am

Pakistan calls for steps to reduce inequality between nations

UNITED NATIONS: Pakistan has underscored the need for addressing the multiple crises — including the Covid-19...

Published 12 Feb, 2023 03:56am

S Korean envoy, CM seek improvement in trade ties

LAHORE: Ambassador of South Korea Suh Sangpyo met with the Caretaker Chief Minister Punjab Mohsin Naqvi at CM office...

Published 12 Feb, 2023 03:56am

Deal with IMF described as ‘right step forward’

KARACHI: Pakistan’s foreign exchange reserves fell to $ 2.92 billion approximately, which seems to be enough for...

Published 12 Feb, 2023 03:56am

Commodities

Gold rates edge up

KARACHI: Gold prices on Saturday inched up on the local market, traders said. They grew by Rs400 to Rs198400 per...

Published 12 Feb, 2023 03:56am

Energy

PBF flays huge hike in electricity, gas prices

KARACHI: The Pakistan Business Forum (PBF), flaying the huge jump in electricity as well as gas prices to meet the...

Published 12 Feb, 2023 03:56am

Commodities

CBOT soyabeans close strong; soyameal hits peak since June 2014

CHICAGO: US soyabean futures rose on Friday, with the market underpinned by soyameal’s firming to its highest ...

Published 12 Feb, 2023 03:56am

Commodities

Iron ore subdued as traders weigh demand prospects

MANILA: Iron ore futures slipped on Friday, with the Singapore benchmark price set for a second consecutive weekly...

Published 12 Feb, 2023 03:56am

Commodities

ICE canola futures rise

WINNIPEG: ICE canola futures rose on Friday, halting a three-day skid, lifted by strength in soy futures. Spreading...

Published 12 Feb, 2023 03:56am

Energy

Ukraine seeks higher tonnage ships to boost exports under grain deal

KYIV: Ukraine’s agriculture ministry has proposed increasing the minimal tonnage of ships which carry grain and...

Published 12 Feb, 2023 03:56am

Energy

US natgas jumps as vessel arrives at idled Texas Freeport LNG plant

NEW YORK: US natural gas futures climbed about 4% on Friday after the first vessel arrived at Freeport LNG’s...

Published 12 Feb, 2023 03:56am

Commodities

Japanese rubber futures lower

SINGAPORE: Japanese rubber futures fell on Friday and posted a second consecutive weekly drop, as a weaker Shanghai...

Published 12 Feb, 2023 03:56am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 11, 2023)....

Published 12 Feb, 2023 03:56am

Cotton & Textile

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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