News Archives for Print - 2023-02-24

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Print - 2023-02-24

Violence flares around Gaza after deadly Israeli West Bank attack

OCCUPIED GAZA CITY: Israel launched air strikes on Gaza targets in return for rocket fire from the Palestinian...

Published 24 Feb, 2023 07:40am

Europe

EU institutions ban TikTok on work devices

BRUSSELS: The main EU governing institutions on Thursday banned their staff from installing TikTok on devices used...

Published 24 Feb, 2023 07:36am

Biden nominates Ajay Banga to head World Bank

WASHINGTON: US President Joe Biden on Thursday nominated business executive Ajay Banga to become president of the...

Published 24 Feb, 2023 07:33am

Vatican, Oman establish diplomatic ties

VATICAN CITY: The Vatican and Oman have established diplomatic relations, a joint statement said Thursday, three...

Published 24 Feb, 2023 07:31am

Global trade ‘resilient’ during Ukraine war: WTO

GENEVA: Russia’s war in Ukraine did not dent global trade in 2022 as badly as feared, the World Trade Organization...

Published 24 Feb, 2023 07:29am

Yellen, G7 urge renewed aid for Ukraine

BENGALURU: US Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financial support for...

Published 24 Feb, 2023 06:00am

Palestinian Oslo accords negotiator Ahmed Qorei dies at 85

RAMALLAH: The lead Palestinian negotiator of the Oslo accords with Israel, Ahmed Qorei, who went on to serve as ...

Published 24 Feb, 2023 06:00am

Oman opens airspace, joining Saudi in Israeli airline corridor

DUBAI: Oman’s Civil Aviation Authority (CAA) on Thursday said the Gulf Arab state’s airspace will be open for ...

Published 24 Feb, 2023 06:00am

All set for PSL matches in Lahore, Pindi

LAHORE: The Punjab caretaker government has finalised necessary arrangements for Pakistan Super League (PSL) matches...

Published 24 Feb, 2023 06:00am

Korean delegation meets governor

LAHORE: The Korean delegation led by former Ambassador, Song Jong Hwan called on Governor Punjab, Muhammad Balighur...

Published 24 Feb, 2023 06:00am

Fesco consumers ‘file’ many complaints during online ‘kachehri’

FAISALABAD: Timely redressal of consumers’ complaints and providing them the best services are top priorities of...

Published 24 Feb, 2023 06:00am

Turkiye and Syria: PDMA sends 15 trucks with relief goods for quake survivors

LAHORE: Director General of Provincial Disaster Management Authority Ft Lt Imran Qureshi (r) announced that more ...

Published 24 Feb, 2023 06:00am

Panel constitutes sub-body to formulate broad-based policy on Kashmir

ISLAMABAD: The Parliamentary Committee on Kashmir on Thursday constituted its sub-panel with the task to formulate a...

Published 24 Feb, 2023 06:00am

Pakistan flays deadly raid by Israeli forces in West Bank

ISLAMABAD: Pakistan on Thursday condemned the recent raid by Israeli occupation forces in the West Bank resulting in...

Published 24 Feb, 2023 06:00am

Energy

Remote areas of Sindh: NTDC intensifies efforts for protection of transmission lines

LAHORE: The National Transmission and Despatch Company (NTDC) has intensified its efforts for the protection of...

Published 24 Feb, 2023 06:00am

KP govt issues LoI for ‘solarisation’ of economic zones

PESHAWAR: The Khyber Pakhtunkhwa Economic Zones Development and Management Company (KP-EZDMC) has issued a Letter of...

Published 24 Feb, 2023 06:00am

Commodities

Gold inches up

KARACHI: Gold prices on Thursday regained some value on the local market, traders said. They grew by Rs500 to...

Published 24 Feb, 2023 06:00am

PM says opportunities to be created for youth despite austerity plan

ISLAMABAD: Prime Minister Shehbaz Sharif has stated that the government would provide employment opportunities to ...

Published 24 Feb, 2023 06:00am

PARTLY FACETIOUS: What’s actually behind NAB chairman’s resignation?

“I blame the stakeholders for the resignation of the Chairman National Accountability Bureau.” “Hey to urge...

Published 24 Feb, 2023 06:00am

Stocks

China, HK stocks subdued ahead of economic data

SHANGHAI: China and Hong Kong stocks were subdued on Thursday as investors awaited earnings and economic data, while...

Published 24 Feb, 2023 06:00am

Stocks

Upbeat corporate guidance lifts European shares

PARIS: European shares inched higher on Thursday, after two straight sessions of declines, supported by financial...

Published 24 Feb, 2023 06:00am

Stocks

Indian shares fall in volatile session

BENGALURU: Indian shares swung between gains and losses, before settling lower on Thursday as investors continued to...

Published 24 Feb, 2023 06:00am

Stocks

Wall St falls as rate worries outweigh Nvidia cheer

NEW YORK: US stock indexes slipped on Thursday as investors worried that a resilient economy would give the Federal...

Published 24 Feb, 2023 06:00am

Dubai housing boom buoys buyers, burdens tenants

With rents soaring and properties selling fast, the expatriate hub of Dubai is in the throes of a housing boom...

Published 24 Feb, 2023 06:00am

Debt and fiscal space

David Malpass, in a recent interview, has reportedly talked about China’s non-disclosure clause as one of the...

Updated 24 Feb, 2023 06:36am

Countering illicit financial flows

The illicit movement of funds is a global challenge, threatening domestic and international financial systems. The...

Updated 24 Feb, 2023 06:34am

Letters

Finally, there’s light at the end of the tunnel

President Dr Arif Alvi has signed the supplementary finance bill 2023 into law. This development will surely lead to...

Published 24 Feb, 2023 06:00am

Action sought against accused in Broadsheet LLC case

ISLAMABAD: A parliamentary panel, on Thursday, termed the payment record of $1.5 million (Rs234m) to fake...

Published 24 Feb, 2023 06:00am

Complaint filed against SC judge in SJC

ISLAMABAD: A complaint has been filed before the Supreme Judicial Council (SJC) against Justice Mazahar Ali Akbar...

Published 24 Feb, 2023 06:00am

25pc increase in budget of BISP: Despite expectations, minister doesn’t disclose details

ISLAMABAD: A day after Prime Minister Shehbaz Sharif announced a 25 per cent increase in the budget of the Benazir...

Published 24 Feb, 2023 06:00am

Details of Toshakhana articles will soon be available online, LHC told

LAHORE: The federal government on Thursday told the Lahore High Court that the details of the Toshakhana articles...

Published 24 Feb, 2023 06:00am

Pakistan: political illusions and economic delusions

There is no pure economics for a state; it is always a political economy. Whilst examining the effect of the present...

Published 24 Feb, 2023 06:00am

KPO attack: Sindh IGP announces cash rewards for SSU officers, commandos

KARACHI: Sindh’s Inspector General of Police Ghulam Nabi Memon and Additional IG Karachi Javed Alam Odho visited...

Published 24 Feb, 2023 06:00am

Eight ‘terrorists’ killed in Kech operation

ISLAMABAD: The Pakistan Army personnel foiled an attempt to ambush a convoy of security forces in Balochistan’s...

Published 24 Feb, 2023 06:00am

Careem celebrates 10-year anniversary with documentary

ISLAMABAD: Careem celebrated its 10-year anniversary with a documentary titled “A Decade in Motion”, capturing...

Published 24 Feb, 2023 06:00am

Balochistan minister Khetran sent on judicial remand

QUETTA: Rejecting request by police for a 10-day physical remand of Balochistan’s Minister for Construction and...

Published 24 Feb, 2023 06:00am

Alvi calls for steps to ensure early detection of cancer cases

PESHAWAR: President Dr Arif Alvi has underlined the need for creating mass awareness against non-communicable...

Published 24 Feb, 2023 06:00am

Pink Residency reference: AC to announce reserved verdict on March 8

ISLAMABAD: The Accountability Court on Thursday fixed March 8 for the announcement of its reserved judgment on the...

Published 24 Feb, 2023 06:00am

The Weather

KARACHI: The weather report on Thursday (February 23, 2023) and the forecast for Friday (February 24, 2023)...

Published 24 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 24 Feb, 2023 06:00am

Stocks

Last date of renunciation/payment

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

Published 24 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 24 Feb, 2023 06:00am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (February 23, 2023). ======================== OFFER PRICE...

Published 24 Feb, 2023 06:00am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (February 23, 2023). ======================== OFFER PRICE...

Published 24 Feb, 2023 06:00am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Thursday (February 23, 2023). ======================== Offer Price...

Published 24 Feb, 2023 06:00am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Thursday (February 23, 2023). ======================== Offer Price...

Published 24 Feb, 2023 06:00am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Thursday (February 23, 2023). ======================== Offer ...

Published 24 Feb, 2023 06:00am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Thursday (February 23, 2023). ======================== Offer Price...

Published 24 Feb, 2023 06:00am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Thursday (February 23, 2023). ======================== Offer Price...

Published 24 Feb, 2023 06:00am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Thursday (February 23, 2023). ======================== Offer Price 1,272.3152...

Published 24 Feb, 2023 06:00am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Thursday (February 23, 2023). ========================...

Published 24 Feb, 2023 06:00am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Thursday (February 23, 2023). ========================...

Published 24 Feb, 2023 06:00am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (February 23, 2023). ========================== KIBOR...

Published 24 Feb, 2023 06:00am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Thursday (February 23, 2023)....

Published 24 Feb, 2023 06:00am

Rates

Stocks fall in dull trade

KARACHI: Pakistan Stock Exchange Thursday witnessed a bearish trend as investors opted to offload their holdings due...

Published 24 Feb, 2023 06:00am

Energy

Gasoil margins fall again on weak fundamentals

SINGAPORE: Asia’s 10 ppm sulphur gasoil margins fell to $22.48 a barrel on Thursday, on the back of continuously...

Published 24 Feb, 2023 06:00am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 63,242 tonnes of cargo comprising 26,233 tonnes of import cargo and 37,009...

Published 24 Feb, 2023 06:00am

Energy

US natgas prices down

NEW YORK: US natural gas futures extended their rapid retreat to briefly dip below $2 per million British thermal...

Published 24 Feb, 2023 06:00am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (February 23, 2023)....

Published 24 Feb, 2023 06:00am

Cotton & Textile

Cotton spot rate firm amid slow trading activity

LAHORE: The local cotton market on Thursday remained bearish and the trading volume remained low. Cotton Analyst...

Published 24 Feb, 2023 06:00am

Energy

Oil prices rise, but US inventories weigh

NEW YORK: Oil prices jumped more than 2 percent on Thursday but then pared gains as a much sharper rise than ...

Published 24 Feb, 2023 06:00am

Commodities

Gold hits 2-month low

NEW YORK: Gold prices slipped to their lowest in about two months on Thursday, after a drop in US weekly jobless...

Published 24 Feb, 2023 06:00am

Rates

LME official prices

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

Published 24 Feb, 2023 06:00am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (February 23, 2023)...

Published 24 Feb, 2023 06:00am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (February 23, 2023). ======================================= ...

Published 24 Feb, 2023 06:00am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 23, 2023)....

Published 24 Feb, 2023 06:00am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (February 23, 2023). ======================== Open ...

Published 24 Feb, 2023 06:00am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (February 23, 2023)....

Published 24 Feb, 2023 06:00am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (February 23, 2023)....

Published 24 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 24 Feb, 2023 06:00am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Thursday (February 23, 2023)....

Published 24 Feb, 2023 06:00am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (February 23, 2023). ==================================== ...

Published 24 Feb, 2023 06:00am

Rates

BOARD MEETINGS

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

Published 24 Feb, 2023 06:00am

Rates

Board meetings in progress

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

Published 24 Feb, 2023 06:00am

Rates

Dividend/Bonus Announcements

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

Published 24 Feb, 2023 06:00am

Rates

Proposed right issues

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

Published 24 Feb, 2023 06:00am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (February 23, 2023). ======================== OFFER ...

Published 24 Feb, 2023 06:00am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (February 23, 2023). ======================== OFFER PRICE...

Published 24 Feb, 2023 06:00am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (February 23, 2023). ======================== OFFER PRICE...

Published 24 Feb, 2023 06:00am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Thursday (February 23, 2023). ======================== OFFER PRICE...

Published 24 Feb, 2023 06:00am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (February 23, 2023). ======================== OFFER PRICE...

Published 24 Feb, 2023 06:00am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (February 23, 2023). ======================== OFFER PRICE...

Published 24 Feb, 2023 06:00am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (February 23, 2023). ======================== OFFER PRICE...

Published 24 Feb, 2023 06:00am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (February 23, 2023). ======================== OFFER PRICE...

Published 24 Feb, 2023 06:00am

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 24 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 24 Feb, 2023 06:00am

Outsourcing govt borrowing on the cards

Finance Ministry is working on a plan with SECP to outsource government borrowing aimed at getting money from public at less rates than banks

Updated 24 Feb, 2023 11:40am

China debt: FO seeks to ease US concerns

Energy

Excessive curtailments: Wind power projects accuse NPCC of discrimination

ISLAMABAD: The country’s three dozen Wind Power Projects (WPPs) have reportedly accused National Power Control...

Published 24 Feb, 2023 06:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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