News Archives for Print - 2023-02-17

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Print - 2023-02-17

NORI’s becomes 1st govt hospital to treat cancer thru cyber-knife

ISLAMABAD: The Nuclear Medicine, Oncology and Radiotherapy Institute (NORI) Hospital, being run by the Pakistan...

Published 17 Feb, 2023 07:33am

NUST launches action plan to mitigate effects of climate change

ISLAMABAD: The National University of Sciences and Technology (NUST) organised first-ever Partnership for Climate...

Published 17 Feb, 2023 07:27am

Pakistan renews commitment to peaceful resolution of global disputes

ISLAMABAD: Pakistan on Thursday reiterated its full support for the Preparatory Office of the International...

Published 17 Feb, 2023 07:23am

Cooperation in various sectors: Pakistan, US agree to formulate institutional structure

ISLAMABAD: The United States and Pakistan have agreed to formulate an institutional structure and framework to...

Published 17 Feb, 2023 07:20am

Afghan situation hampering Pak ties with Central Asian states: minister

ISLAMABAD: Minister of State for Foreign Affairs Hina Rabbani Khar has said Pakistan’s focus is on investment,...

Published 17 Feb, 2023 07:18am

PBC urges CJP to order probe into leak of Elahi’s audio

ISLAMABAD: The Pakistan Bar Council (PBC) has requested the Chief Justice of Pakistan to hold a thorough probe into...

Published 17 Feb, 2023 07:16am

Commodities

Palm oil posts biggest gain in about 3 weeks on stronger rival oils

JAKARTA: Malaysian palm oil futures rebounded on Thursday, posting their biggest gain in nearly three weeks, as ...

Published 17 Feb, 2023 06:59am

Stocks

Indian shares rise on IT boost, strong US data

BENGALURU: Indian shares closed higher on Thursday, helped by information technology stocks, as robust US retail...

Published 17 Feb, 2023 06:58am

Stocks

Hong Kong stocks rebound, China lower

HONG KONG: Hong Kong stocks rebounded slightly on Thursday and snapped a four-day decline following a strong...

Published 17 Feb, 2023 06:56am

Stocks

Wall St slips as economic data fuel rate hike worries

NEW YORK: US main stock indexes slipped on Thursday after unexpectedly strong inflation data and a fall in weekly...

Published 17 Feb, 2023 06:53am

Companies

Bazaar launches industrial and raw material sourcing platform

KARACHI: Bazaar, Pakistan’s leading B2B commerce, fintech and supply chain platform for 5M+ businesses, is...

Published 17 Feb, 2023 06:50am

Cos plead case before PM: 10pc FED on juices to inflict revenue loss on FBR

ISLAMABAD: The imposition of 10 percent Federal Excise Duty (FED) on juices will actually result in revenue loss to...

Published 17 Feb, 2023 06:36am

Russia expels Austrian diplomats

MOSCOW: Moscow said Thursday it was expelling four Austrian diplomats after Vienna expelled four employees of...

Published 17 Feb, 2023 06:00am

Loss of lives in massive earthquake: PM meets Erdogan, offers condolences

ANKARA: Prime Minister Shehbaz Sharif met President Recep Tayyip Erdogan of Turkiye here on Thursday and expressed...

Published 17 Feb, 2023 06:00am

Wheat target missed due to heavy rains, floods: official

ISLAMABAD: The country has missed the wheat sowing target by four percent for the Rabi season 2022-2023 due to heavy...

Published 17 Feb, 2023 06:00am

SC asks CEC to submit report about obstacles to holding elections

ISLAMABAD: The Supreme Court directed Chief Election Commissioner (CEC) Sikandar Sultan Raja to submit a detailed...

Published 17 Feb, 2023 06:00am

IHC grants post-arrest bail to Rashid

ISLAMABAD: The Islamabad High Court (IHC) on Thursday granted post-arrest bail to the President of Awami Muslim...

Published 17 Feb, 2023 06:00am

Man jailed for launching ‘smear drive’ against army

FAISALABAD: A sessions court of Faisalabad awarded a man five years jail term for launching a smear campaign against...

Published 17 Feb, 2023 06:00am

US envoy inaugurates preservation project at Lahore Fort

LAHORE: US Ambassador Donald Blome inaugurated an American government-funded preservation project at the Lahore Fort...

Published 17 Feb, 2023 06:00am

58 Indian pilgrims arrive

LAHORE: As many as 58 Indian Hindu pilgrims arrived here on Thursday through the Wagah border on a seven-day visit ...

Published 17 Feb, 2023 06:00am

NTDC issues appointment letters to children of 12 deceased workers

LAHORE: The National Transmission and Despatch Company Limited (NTDC) has issued appointment letters to 12 sons and...

Published 17 Feb, 2023 06:00am

PCJCCI plans to set up online Pakistan-China Youth Portal

LAHORE: Moazzam Ghurki, President Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) pledged that after...

Published 17 Feb, 2023 06:00am

Abbasi, Maryam discuss party affairs, political situation

LAHORE: Pakistan Muslim League-Nawaz (PML-N) senior vice president and the party’s chief organiser Maryam Nawaz ...

Published 17 Feb, 2023 06:00am

Debt relief for developing countries

When the Covid pandemic was declared by the World Health Organization (WHO) back in early 2020, a number of...

Published 17 Feb, 2023 06:00am

IMF programme & reforms

Pakistan, one of the major victims of climate change, is fighting alone to manage the damages caused due to...

Published 17 Feb, 2023 06:00am

A sagacious move by the PPP

EDITORIAL: At a time when the country is in the throes of political and economic turmoil, PPP Chairman and Foreign...

Published 17 Feb, 2023 06:00am

‘Mini-budget’

EDITORIAL: The revenue measures as revealed in the ‘mini-budget’ were expected as Finance Minister Ishaq Dar had...

Published 17 Feb, 2023 06:00am

The Finance (Supplementary) Bill 2023: a comment

General: The Finance Minister has laid Finance (Supplementary) Bill 2023 on the floor of the Parliament. (National...

Published 17 Feb, 2023 06:00am

China sanctions Lockheed Martin over Taiwan arms sales

BEIJING: China on Thursday put Lockheed Martin Corp and Raytheon Technologies Corp on an “unreliable entities...

Published 17 Feb, 2023 06:00am

South Asia

Taliban raid office of Tamadon TV in Afghanistan

NEW YORK: The Taliban must allow Tamadon TV to operate freely and independently and end its campaign of harassment...

Published 17 Feb, 2023 06:00am

Official quarters, residences: Ministry decides not to touch illegal structures built by govt employees

ISLAMABAD: The Ministry of Housing and Works has decided to not demolish illegally extended constructions by the...

Published 17 Feb, 2023 06:00am

Governor’s appeal: LHC asks AGP, Punjab AG to appear on 21st

LAHORE: A division bench of the Lahore High Court (LHC) on Thursday asked the Attorney General of Pakistan and the...

Published 17 Feb, 2023 06:00am

Indus Hospital plans to build full-fledged centre in Hyderabad

HYDERABAD: President of the Indus Hospital and Health Network Prof Dr Abdul Bari Khan has announced that his...

Updated 17 Feb, 2023 07:04am

FO rejects rumours about ‘possibility of N-rollback’

ISLAMABAD: The Foreign Office on Thursday rubbished in categorical terms the debate in a section of the media about...

Published 17 Feb, 2023 06:00am

Companies

Engro Corp announces financial results for 2022

KARACHI: Pakistan’s premier conglomerate, the Engro Corporation Limited, has announced its financial results for...

Published 17 Feb, 2023 06:00am

Digitisation can add $60bn to economy in 7-8 years: OICCI

KARACHI: Digitisation offers innovative employment prospects to 23 percent of Pakistan’s population that falls in...

Published 17 Feb, 2023 06:00am

Buzdar granted pre-arrest bail in NAB case

LAHORE: An accountability court on Thursday granted pre-arrest bail to former chief minister of Punjab Sardar Usman...

Published 17 Feb, 2023 06:00am

Minister asks NDMA to expedite relief efforts in Turkiye, Syria

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal has directed the National Disaster Management...

Published 17 Feb, 2023 06:00am

Administrator says issues of Korangi industrial area will be resolved

KARACHI: Administrator of Karachi Dr Syed Saif-ur-Rehman has said that the business community spends its capital on...

Published 17 Feb, 2023 06:00am

Court returns reference against Nawaz to NAB chairman

LAHORE: An accountability court on Thursday returned a reference against former premier Nawaz Sharif and others...

Published 17 Feb, 2023 06:00am

SC informed: 40 persons acquitted during PTI rule due to NAO amendments

ISLAMABAD: The Supreme Court was informed that during the tenure of PTI-led government 40 persons were acquitted by...

Published 17 Feb, 2023 06:00am

Two suspects in F-9 rape case killed ‘in shootout’

ISLAMABAD: The city police on Thursday killed two alleged suspects of F-9 park rape case in retaliatory fire after...

Published 17 Feb, 2023 06:00am

The Weather

KARACHI: The weather report on Thursday (February 16, 2023) and the forecast for Friday (February 17, 2023)...

Published 17 Feb, 2023 06:00am

Rates

Stocks fall in choppy trade

KARACHI: Pakistan Stock Exchange Thursday witnessed a rangebound session as investors remained cautious on rumors of...

Published 17 Feb, 2023 06:00am

Two women killed in Jaffar Express blast

MULTAN: At least two passengers, both of them women, were killed and another five sustained injuries as result of...

Published 17 Feb, 2023 06:00am

LHC refuses protective bail to IK

LAHORE: A division bench of the Lahore High Court on Thursday refused protective bail to Pakistan Tehreek-e-Insaf...

Published 17 Feb, 2023 06:00am

IK urges Alvi to initiate inquiry against Bajwa

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has urged President Dr Arif Alvi to initiate an inquiry...

Published 17 Feb, 2023 06:00am

Anti-smoking activists hail FED hike on tobacco products

ISLAMABAD: Anti-smoking activists and public health advocates on Thursday welcomed government’s initiative to ...

Published 17 Feb, 2023 06:00am

Bilawal leaves for week-long trip to Europe

ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari left for a week-long trip to Europe where he will attend Munich...

Published 17 Feb, 2023 06:00am

PARTLY FACETIOUS: Dar doesn’t like qualified economists

“Ishaq Dar says that he has to fix the economy that was mishandled by the inexperienced Khan administration.”...

Published 17 Feb, 2023 06:00am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 185,535 tonnes of cargo comprising 104,255 tonnes of import cargo and 81,280...

Published 17 Feb, 2023 06:00am

China rolls out GMO corn planting, starts small

China will likely plant less than 1% of its corn fields with genetically modified varieties this year, said two...

Published 17 Feb, 2023 06:00am

Letters

‘The challenge of SOEs’

This is apropos a two-part article titled “The challenge of SOEs” carried by the newspaper yesterday and the day...

Published 17 Feb, 2023 06:00am

Rates

LME official prices

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

Published 17 Feb, 2023 06:00am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (February 16, 2023)...

Published 17 Feb, 2023 06:00am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (February 16, 2023). ======================================= ...

Published 17 Feb, 2023 06:00am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 16, 2023)....

Published 17 Feb, 2023 06:00am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (February 16, 2023)....

Published 17 Feb, 2023 06:00am

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 17 Feb, 2023 06:00am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Thursday (February 16, 2023)....

Published 17 Feb, 2023 06:00am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 17 Feb, 2023 06:00am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (February 16, 2023). ==================================== ...

Published 17 Feb, 2023 06:00am

Rates

BOARD MEETINGS

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

Published 17 Feb, 2023 06:00am

Rates

Board meetings in progress

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

Published 17 Feb, 2023 06:00am

Rates

Dividend/Bonus Announcements

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

Published 17 Feb, 2023 06:00am

Stocks

Last date of renunciation/payment

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

Published 17 Feb, 2023 06:00am

Rates

Proposed right issues

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

Published 17 Feb, 2023 06:00am

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 17 Feb, 2023 06:00am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (February 16, 2023). ======================== OFFER ...

Published 17 Feb, 2023 06:00am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (February 16, 2023). ======================== OFFER PRICE...

Published 17 Feb, 2023 06:00am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (February 16, 2023). ======================== OFFER PRICE...

Published 17 Feb, 2023 06:00am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Thursday (February 16, 2023). ======================== OFFER PRICE...

Published 17 Feb, 2023 06:00am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (February 16, 2023). ======================== OFFER PRICE...

Published 17 Feb, 2023 06:00am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (February 16, 2023). ======================== OFFER PRICE...

Published 17 Feb, 2023 06:00am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (February 16, 2023). ======================== OFFER PRICE...

Published 17 Feb, 2023 06:00am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (February 16, 2023). ======================== OFFER PRICE...

Published 17 Feb, 2023 06:00am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (February 16, 2023). ======================== OFFER PRICE...

Published 17 Feb, 2023 06:00am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (February 16, 2023). ======================== OFFER PRICE...

Published 17 Feb, 2023 06:00am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Thursday (February 16, 2023). ======================== Offer Price...

Published 17 Feb, 2023 06:00am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Thursday (February 16, 2023). ======================== Offer Price...

Published 17 Feb, 2023 06:00am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Thursday (February 16, 2023). ======================== Offer ...

Published 17 Feb, 2023 06:00am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Thursday (February 16, 2023). ======================== Offer Price...

Published 17 Feb, 2023 06:00am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Thursday (February 16, 2023). ======================== Offer Price...

Published 17 Feb, 2023 06:00am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Thursday (February 16, 2023). ======================== Offer Price 1,273.5931...

Published 17 Feb, 2023 06:00am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Thursday (February 16, 2023). ========================...

Published 17 Feb, 2023 06:00am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Thursday (February 16, 2023). ========================...

Published 17 Feb, 2023 06:00am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (February 16, 2023). ========================== KIBOR...

Published 17 Feb, 2023 06:00am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Thursday (February 16, 2023)....

Published 17 Feb, 2023 06:00am

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 17 Feb, 2023 06:00am

Fiscal year 2022-23: Tax target raised to Rs7.64trn

Revenue collection target has been increased after additional revenue measures of Rs170 billion, says Federal Board of Revenue Chairman Asim Ahmad

Updated 17 Feb, 2023 10:15pm

Quick execution of Rs170bn tax initiative: IMF not only satisfied, but ‘surprised too’: MoS

IMF also engaged with Pakistan’s friendly countries with respect to the external financing needs of the country, says Aisha Ghaus Pasha, Minister of State for Finance and Revenue

Updated 17 Feb, 2023 10:15pm

Pakistan to welcome investment from UAE: Dar

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.98 ▲ 0.87 (12.24%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Dawood Lawrencepur / Dec 18 Dawood Lawrencepur Limited(DLL)	211.50 ▼ -23.50 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.K.Spinning / Dec 18 J.K. Spinning Mills Limited(JKSM)	58.50 ▼ -6.50 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.13
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.28
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.42
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.02
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.45
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.85
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.34
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -2.64
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.19

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