News Archives for Print - 2023-02-18

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Print - 2023-02-18

Safety Ambassadors Programme: TikTok to launch first-ever offline digital safety activation

KARACHI: TikTok, continuing its efforts towards user safety in Pakistan, is set to launch it’s first-ever offline...

Published 18 Feb, 2023 03:33am

SC suspends transfer of CCPO Lahore

ISLAMABAD: The Supreme Court suspended the transfer of the City Chief Police Officer (CCPO), Lahore, Ghulam Mahmood...

Published 18 Feb, 2023 03:33am

JI condemns hike in prices of POL products

KARACHI: Jamaat-e-Islami (JI) Karachi chief Engr Hafiz Naeemur Rehman has strongly condemned the coalition ...

Published 18 Feb, 2023 03:33am

Letters

Dar has stated the obvious, but…

This is apropos a Business Recorder news item ‘Pakistan to welcome investment from UAE: Dar’ carried by the...

Published 18 Feb, 2023 03:33am

IMF lending won’t help govt address economy’s basic flaws: Mian Zahid

KARACHI: Chairman of National Business Group Pakistan and President of Pakistan Businessmen and Intellectuals Forum,...

Published 18 Feb, 2023 03:33am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (February 17, 2023). ======================== Offer Price 1,274.5754 Bid...

Published 18 Feb, 2023 03:33am

Japan govt honours Kalim Farooqui

KARACHI: Odagiri Toshio, Consul-General of Japan in Karachi, on behalf of the Government of Japan, presented Kalim...

Published 18 Feb, 2023 03:33am

Industry

APTMA ‘North Zone’ warns govt against withdrawal of RCET

LAHORE: Chairman All Pakistan Textile Mills Association (APTMA) North Zone Hamid Zaman has expressed the...

Published 18 Feb, 2023 03:33am

Promotion of agri-business in Sindh: PPAF distributes Rs269m matching grants among 128 beneficiaries

KARACHI: Pakistan Poverty Alleviation Fund (PPAF) has distributed matching grants worth Rs 269 million amongst 128...

Published 18 Feb, 2023 03:33am

PARTLY FACETIOUS: One bite at a time

“So where is the most hated man in this country?” “For Nawalas, the one bite at a time supporters of Mian...

Published 18 Feb, 2023 03:33am

The Weather

KARACHI: The weather report on Friday (February 17, 2023) and the forecast for Saturday (February 18, 2023)...

Published 18 Feb, 2023 03:33am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 18 Feb, 2023 03:33am

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 18 Feb, 2023 03:33am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (February 17, 2023). ======================== OFFER PRICE...

Published 18 Feb, 2023 03:33am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (February 17, 2023). ======================== OFFER PRICE...

Published 18 Feb, 2023 03:33am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (February 17, 2023). ======================== OFFER PRICE...

Published 18 Feb, 2023 03:33am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (February 17, 2023). ======================== OFFER PRICE...

Published 18 Feb, 2023 03:33am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Friday (February 17, 2023). ======================== Offer Price...

Published 18 Feb, 2023 03:33am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Friday (February 17, 2023). ======================== Offer Price...

Published 18 Feb, 2023 03:33am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (February 17, 2023). ======================== Offer ...

Published 18 Feb, 2023 03:33am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (February 17, 2023). ======================== Offer Price...

Published 18 Feb, 2023 03:33am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (February 17, 2023). ======================== Offer Price...

Published 18 Feb, 2023 03:33am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (February 17, 2023). ========================...

Published 18 Feb, 2023 03:33am

1,800 TCF schools: Jazz digitally enabling TCF to implement tech-enabled learning

KARACHI: Jazz, Pakistan’s leading digital operator and a part of VEON Group, is digitally enabling The Citizens...

Published 18 Feb, 2023 03:33am

General election: President invites CEC to ‘urgent’ meeting on 20th

ISLAMABAD: President Dr Arif Alvi has invited the Chief Election Commis-sioner (CEC) of Pakistan, Sikandar Sultan...

Published 18 Feb, 2023 03:33am

ECP explains its position

ISLAMABAD: The Election Commission of Pakistan (ECP) on Friday explained its constitutional position, saying being a...

Published 18 Feb, 2023 03:33am

IK says ‘Jail Bharo Tehreek’ to commence on 22nd

LAHORE: Pakistan Tehreek-e-Insaf Chairman Imran Khan on Friday announced the launch of ‘jail bharo’ (volunteer...

Published 18 Feb, 2023 03:33am

BBC tax raids put India press freedom in spotlight

Just weeks after the BBC aired a documentary examining Indian Prime Minister Narendra Modi’s role in deadly 2002...

Published 18 Feb, 2023 03:33am

European firms strike high-stakes bond deals

European firms are selling debt that can be converted into their own shares at an unrelenting pace, as they seek...

Published 18 Feb, 2023 03:33am

Turkey-Syria earthquake: destruction should serve as a lesson to all of us

On Feb. 6, a 7.8-magnitude earthquake jolted southern Turkey near the northern border of Syria. This quake was...

Published 18 Feb, 2023 03:33am

Watch thy neighbours–I

Economic strength of a nation determines its political and global weightage. India is one example which is making ...

Published 18 Feb, 2023 03:33am

Opposition concerned over sales of narcotics in various city areas

KARACHI: The opposition in the Sindh Assembly again voiced concerns over open sales of narcotics in different...

Published 18 Feb, 2023 03:33am

Supply of fertilizers to farmers at fixed rates directed

LAHORE: Additional Secretary Agriculture (Task Force) Punjab Muhammad Shabbir Ahmad Khan has directed the officers ...

Published 18 Feb, 2023 03:33am

Imran responsible for present situation: Murtaza

HYDERABAD: Advisor to Chief Minister of Sindh on Law Barrister Murtaza Wahab has said that just as justice and...

Published 18 Feb, 2023 03:33am

Former judge Malik Qayum passes away

LAHORE: Former judge of the Lahore High Court (LHC) Malik Muhammad Qayum 78 passed away on Friday. A large number...

Published 18 Feb, 2023 03:33am

ECP approaches LHC against decision of announcing election date

LAHORE: The Election Commission of Pakistan (ECP) on Friday approached the Lahore High Court against the decision of...

Published 18 Feb, 2023 03:33am

CTD conducts search, combing operation in limits of Golra police station

ISLAMABAD: The Counter Terrorism Department (CTD) of the capital police on Friday carried out a search and combing...

Published 18 Feb, 2023 03:33am

CM vows to ensure quality healthcare facilities to masses

LAHORE: Caretaker Chief Minister Punjab Mohsin Naqvi chaired a meeting at his office to review progress on health...

Published 18 Feb, 2023 03:33am

Ahsan briefed over improvements in civil service recruitment, training

ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal chaired a high-level meeting to...

Published 18 Feb, 2023 03:33am

‘TEVTA working actively for promotion of technical education’

LAHORE: Senior Director General Technical Education and Vocational Training Authority (TEVTA) Akhtar Abbas Bharwana...

Published 18 Feb, 2023 03:33am

Jul-Jan petroleum group imports show negative growth

ISLAMABAD: Petroleum group imports witnessed a negative growth of 9.27 percent during the first seven months...

Published 18 Feb, 2023 03:33am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (February 17, 2023). ========================...

Published 18 Feb, 2023 03:33am

FED on beverages/juices under mini-budget: FBR chairman assures to resolve issue

ISLAMABAD: Chairman Federal Board of Revenue (FBR) on Friday assured Aaron Fishman, Commercial Counselor US Embassy...

Published 18 Feb, 2023 03:33am

14th Karachi Literature Festival inaugurated

KARACHI: The much-awaited 14th edition of the Karachi Literature Festival (KLF) has commenced, marking the beginning...

Published 18 Feb, 2023 03:33am

Business, industrial community reject mini-budget

KARACHI: business and industrial community has rejected the mini budget increase in taxes, increase in oil price and...

Published 18 Feb, 2023 03:33am

Commodities

Gold prices fall sharply

KARACHI: Gold prices on Friday lost a big value on the local market, traders said. The rates slumped by Rs2800 to...

Published 18 Feb, 2023 03:33am

The Finance (Supplementary) Bill 2023: an analysis

INCOME TAX: CAPITAL GAIN ON DISPOSAL OF SECURITIES OTHER THAN THROUGH STOCK EXCHANGE/NCCPL Capital gains arising on...

Updated 18 Feb, 2023 04:04am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (February 17, 2023). ======================== Open Bid...

Published 18 Feb, 2023 03:33am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (February 17, 2023)....

Published 18 Feb, 2023 03:33am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (February 17, 2023)....

Published 18 Feb, 2023 03:33am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (February 17, 2023). ==================================== BR...

Published 18 Feb, 2023 03:33am

Rates

BOARD MEETINGS

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

Published 18 Feb, 2023 03:33am

Rates

Proposed right issues

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

Published 18 Feb, 2023 03:33am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (February 17, 2023). ======================== OFFER PRICE...

Published 18 Feb, 2023 03:33am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (February 17, 2023). ======================== OFFER PRICE...

Published 18 Feb, 2023 03:33am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (February 17, 2023). ======================== OFFER PRICE...

Published 18 Feb, 2023 03:33am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Friday (February 17, 2023). ======================== OFFER PRICE...

Published 18 Feb, 2023 03:33am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (February 17, 2023). ======================== OFFER PRICE 1,447.1810...

Published 18 Feb, 2023 03:33am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (February 17, 2023). ======================== OFFER PRICE...

Published 18 Feb, 2023 03:33am

Bucher Papers: let truth prevail

EDITORIAL: As India’s first Prime Minister Jawaharlal Nehru ordered his army chief Gen Sir Roy Bucher to “go...

Published 18 Feb, 2023 03:33am

Rates

Stock market edges up

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

Published 18 Feb, 2023 03:33am

PSO receivables reach Rs734bn

ISLAMABAD: The receivables of Pakistan State Oil (PSO) have reached Rs 734 billion including Rs 163 billion late...

Updated 18 Feb, 2023 08:53am

Maiden auction: Govt borrows Rs5.5bn via Ijarah Sukuk

Sukuk is also approved by the Shariah Advisory Committee of the SBP to ensure its adherence to Islamic law

Updated 18 Feb, 2023 01:00pm

Finance (Supplementary) Bill 2023: Senate adopts recommendations

ISLAMABAD: The Upper House of the parliament saw a fiery debate on the Finance (Supplementary) Bill, 2023, on Friday...

Updated 18 Feb, 2023 09:00am

‘Mini-budget’ Dar takes the flak from opposition, govt MNAs alike

Lawmakers say mini-budget is meant to crush the poor under skyrocketing inflation

Updated 18 Feb, 2023 01:33pm

PD official testifies before NA panel ‘Electricity worth Rs380bn is stolen every year’

ISLAMABAD: Power Division Secretary Rashid Mehmood Langrial on Friday testified before the National Assembly...

Updated 18 Feb, 2023 08:59am

KE seeks Rs635bn allocation for Tariff Differential Subsidy

ISLAMABAD: K-Electric has sought allocation of Rs 635 billion for Tariff Differential Subsidy (TDS) in supplementary...

Updated 18 Feb, 2023 08:53am

Armed men attack KPO; three terrorists killed

KARACHI: Law Enforcement Agencies cleared the office of the Karachi police chief after a fierce gun-battle, police...

Updated 18 Feb, 2023 08:52am

Quake-hit people in Turkiye: PM says will meet tent manufacturers after return

ADIYAMAN: Prime Minister Shehbaz Sharif on Friday said the earthquake in Turkiye was a wake-up call to the...

Updated 18 Feb, 2023 08:57am

10pc WHT imposed on sales of shares for documentation

ISLAMABAD: The government has imposed a 10 percent withholding tax at the time of sales of shares of the companies...

Updated 18 Feb, 2023 08:57am

Energy, debt payments: Lucky Electric seeks amendment to existing allocation formula

ISLAMABAD: Lucky Electric Power Company has sought amendment to existing allocation formula by adopting the ...

Published 18 Feb, 2023 03:33am

US underscores need for undertaking economic reform

ISLAMABAD: The United States has asked Pakistan for undertaking economic reform and improving the regulatory...

Updated 18 Feb, 2023 08:57am

PPIB announces COD of 330MW ThalNova Power Project

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has announced achievement of Commercial Operation Date...

Published 18 Feb, 2023 03:33am

Power breakdown in Jan: NTDC, NPCC, Nepra held responsible

ISLAMABAD: Inquiry committee constituted by the Cabinet headed by Minister of State for Petroleum and Natural...

Updated 18 Feb, 2023 08:56am

Implementing the austerity plan

EDITORIAL: While it is certainly appreciated that the prime minister agreed to the “comprehensive set of...

Published 18 Feb, 2023 03:33am

LCCI invites chambers to prepare joint proposals for next budget

Industry

Public-private EPZs: rules and regulations in final stages: PSM chief

KARACHI: The Export Processing Zone Authority (EPZA) and Pakistan Steel Mills Chairman Dr Saifuddin Junejo have said...

Published 18 Feb, 2023 03:33am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 28	254.63
Diesel/Litre / Apr 28	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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