News Archives for Print - 2023-02-25

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Print - 2023-02-25

Industry

Energy, other sectors: GBDWP reviews progress of projects

GILGIT: 3rd meeting of Gilgit-Baltistan Development Working party was held under chairmanship of the chief minister...

Published 25 Feb, 2023 06:55am

Industry

LLP, co registration, filing and compliance: SECP exhibits new prototype of regulatory processes

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) held a thematic workshop to demonstrate the...

Published 25 Feb, 2023 06:51am

SPI inflation up 2.78pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) based inflation for the week ended February 23, 2023, recorded an...

Published 25 Feb, 2023 06:48am

UN demands Russia withdraw from Ukraine

UNITED NATIONS: The United Nations voted overwhelmingly Thursday to demand Russia immediately and unconditionally...

Published 25 Feb, 2023 06:45am

Fed’s preferred inflation gauge up

WASHINGTON: A key indicator of US inflation rose in January, according to government data released Friday, while...

Published 25 Feb, 2023 06:42am

GDA seeks briefing on digital census

KARACHI: The Grand Democratic Alliance (GDA) in the Sindh Assembly on Friday questioned the authenticity of fresh...

Published 25 Feb, 2023 06:23am

Agriculture: experts for adopting treated wastewater tech

FAISALABAD: Experts at international moot at the University of Agriculture Faisalabad called for adopting treated...

Published 25 Feb, 2023 06:23am

Industry

KOTRA wants to expand its services, programmes in Pakistan: DG

KARACHI: Sung Jae Kim, Director General of Korea Trade Investment Promotion Agency (KOTRA), Karachi Office, briefed...

Published 25 Feb, 2023 06:23am

‘Engineering and Healthcare Show 2023’: Delegations want to enhance trade with Pakistan

LAHORE: On the 2nd day of the Engineering and Healthcare Show 2023, delegations from Uganda, Kenya, Zimbabwe,...

Published 25 Feb, 2023 06:23am

JI for provincial, national elections on the same day

LAHORE: Welcoming the suo motu notice taken by the Supreme Court of Pakistan on elections in KPK and Punjab, the...

Published 25 Feb, 2023 06:23am

Ukrainian envoy urges world to support right to self-defence

ISLAMABAD: Ambassador of Ukraine to Pakistan Markian Chuchuk, recalling the ordeal of the people of Ukraine for past...

Published 25 Feb, 2023 06:23am

TikTok, Zindagi Trust launch 2nd phase of digital safety campaign

KARACHI: TikTok and Zindagi Trust have announced an extension of their collaboration aimed at driving digital safety...

Published 25 Feb, 2023 06:23am

LHC informed: SAs, advisors to PM not part of cabinet

LAHORE: A law officer on Friday told the Lahore High Court that special assistants and advisors to the Prime ...

Published 25 Feb, 2023 06:23am

Renowned Baloch folk singer Wasu Khan passes away

QUETTA: Eminent Baloch folk singer Wasu Khan on Friday passed away in Jaffarabad at the age of 80. According to his...

Published 25 Feb, 2023 06:23am

‘Jail Bharo Tehreek’: PTI leaders voluntarily offer their arrests in Rawalpindi

RAWALPINDI: Leaders and workers of the Pakistan Tehreek-e-Insaf (PTI) Rawalpindi chapter voluntarily offered their...

Published 25 Feb, 2023 06:23am

PML-N set to adopt aggressive strategy against PTI

LAHORE: Pakistan Muslim League-Nawaz (PML-N) is learnt to have decided to adopt more aggressive approach against the...

Published 25 Feb, 2023 06:23am

Quake-hit people: PFOWA gives cheque to envoys of Turkiye, Syria

ISLAMABAD: A delegation of Pakistan Foreign Office Women Association (PFOWA) called on Mehmet Pacaci, Ambassador of...

Published 25 Feb, 2023 06:23am

PFA disposes of 1,300 litres of fabricated milk

LAHORE: In a bid to control the wicked practice of milk adulteration, the Punjab Food Authority (PFA) continued its...

Published 25 Feb, 2023 06:23am

Better World Project competition: NUST project declared global winner

ISLAMABAD: The National University of Sciences & Technology (NUST) has been making headlines internationally...

Published 25 Feb, 2023 06:23am

Mother relinquishing right to custody of minor void agreement: LHC

LAHORE: The Lahore High Court held that any agreement by the mother relinquishing her right to custody of the minor...

Published 25 Feb, 2023 06:23am

Senior leaders of PTI: LHC adjourns hearing of plea for ‘recovery’

LAHORE: The Lahore High Court adjourned hearing of a petition for “recovery” of senior leaders of Pakistan...

Published 25 Feb, 2023 06:23am

Water-related issues: IWMI launches joint efforts with Okara industrial sector

LAHORE: The International Water Management Institute (IWMI) Pakistan has launched joint efforts with the industrial...

Published 25 Feb, 2023 06:23am

HBL-PSL matches in Lahore: IG Punjab directs foolproof security

LAHORE: Inspector General Police Punjab Dr Usman Anwar has said that during the PSL matches in Lahore, foolproof...

Published 25 Feb, 2023 06:23am

Governor gives ‘Friends of LCCI Award’ to civil servants

LAHORE: Punjab Governor Muhammad Balighur Rehman distributed “Friends of LCCI Award” to civil servants at...

Published 25 Feb, 2023 06:23am

FIA smashes gang involved in sale of fake dollars

LAHORE: A team of FIA Cyber Crime Circle Lahore has smashed a gang allegedly involved in the sale of fake US ...

Published 25 Feb, 2023 06:23am

Video leaks of leaders of PTI: Dr Yasmeen approaches LHC

LAHORE: Pakistan Tehreek-i-Insaf (PTI) leader Dr Yasmeen Rashid has approached the Lahore High Court for ...

Published 25 Feb, 2023 06:23am

Constitution to be under threat if judiciary failed to protect it: Fawad

LAHORE: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry warned on Friday that the country’s Constitution ...

Published 25 Feb, 2023 06:23am

British officials meet Ukraine Ambassador

ISLAMABAD: British Chargé d’Affaires Andrew Dalgleish and Defence Adviser Brigadier Simon Waddington welcomed...

Published 25 Feb, 2023 06:23am

Asif, Blome discuss regional security

ISLAMABAD: The Defence Minister, Khawaja Asif, emphasised the importance of stable and prosperous Afghanistan for ...

Updated 25 Feb, 2023 07:11am

Pink Residency corruption case: AC issues non-bailable arrest warrant for accused

ISLAMABAD: The Accountability Court, on Friday, issued a non-bailable arrest warrant for an accused of the Pink...

Updated 25 Feb, 2023 07:13am

22nd ITCN Asia Int’l IT & Telecom Show held

ISLAMABAD: More than 200 companies are participating in the three days, 22nd ITCN Asia International IT and Telecom...

Published 25 Feb, 2023 06:23am

The Weather

KARACHI: The weather report on Friday (February 24, 2023) and the forecast for Saturday (February 25, 2023)...

Published 25 Feb, 2023 06:23am

Rates

PSX stays bearish

KARACHI: Pakistan Stock Exchange Friday witnessed a mixed trend and closed on a negative note due to selling ...

Published 25 Feb, 2023 06:23am

CCP actively investigating key sectors: MoF advertises 4 vacant positions of members

ISLAMABAD: The Ministry of Finance has advertised four vacant positions of members of the Competition Commission of...

Updated 25 Feb, 2023 01:29pm

Anomaly in excise duty: Illegal cigarette trade will get a big boost

ISLAMABAD: The anomaly created by the Federal Board of Revenue (FBR) in new excise duty structure of cigarettes to...

Updated 25 Feb, 2023 08:59am

Suo motu notice of delay in Punjab, KP polls: PML-N leader urges CJP to constitute ‘full-court bench’

ISLAMABAD: As a nine-judge bench of the top court is set to take up a suo motu notice of delay in holding polls in...

Published 25 Feb, 2023 06:23am

Commodities

Gold prices decline sharply

KARACHI: Gold prices on Friday witnessed a sizeable fall on the local market, traders said. The rates of gold...

Published 25 Feb, 2023 06:23am

Increase in FED on cigarettes: Health activists satisfied with new govt measure

ISLAMABAD: Health activists Friday expressed satisfaction over signing of Finance (Supplementary) Act, 2023 by...

Published 25 Feb, 2023 06:23am

Several hurt in Green Line BRT accident

KARACHI: Several passengers received minor injuries after one of the buses of the Karachi Green Line BRT lost ...

Published 25 Feb, 2023 06:23am

Watch thy neighbours–II

Pakistan has India to its east, Afghanistan to its northwest and Iran to its west while China borders the country in...

Updated 25 Feb, 2023 06:58am

Save our children

As I stopped at the red light I glanced outside and there on the footpath was a beggar woman with her infant ...

Updated 25 Feb, 2023 07:01am

Goldman Sachs CEO, after missteps, to take center stage at investor day

Goldman Sachs Group Inc’s Chief Executive David Solomon faces a reality check from investors on Tuesday as he...

Updated 25 Feb, 2023 07:04am

Letters

‘Debt and fiscal space’

Business Recorder op-ed writer Dr Omer Javed deserves a lot of praise for articulating a highly informed argument on...

Published 25 Feb, 2023 06:23am

PARTLY FACETIOUS: Khan was always a great bowler

“The Khan abuses and Notification Maryam Nawaz (NMN) lobs the ball right back with a few additional stones thinly...

Published 25 Feb, 2023 06:23am

Energy

Use of energy witnesses increase of 9pc in 2022: Speakers

ISLAMABAD: Speakers at a seminar have observed that the use of energy in Pakistan has witnessed an increase of nine...

Published 25 Feb, 2023 06:23am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (February 24, 2023). ======================== Open Bid...

Published 25 Feb, 2023 06:23am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (February 24, 2023)....

Published 25 Feb, 2023 06:23am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (February 24, 2023)....

Published 25 Feb, 2023 06:23am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 25 Feb, 2023 06:23am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (February 24, 2023). ==================================== BR...

Published 25 Feb, 2023 06:23am

Rates

BOARD MEETINGS

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

Published 25 Feb, 2023 06:23am

Stocks

Last date of renunciation/payment

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

Published 25 Feb, 2023 06:23am

Rates

Proposed right issues

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

Published 25 Feb, 2023 06:23am

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 25 Feb, 2023 06:23am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE 1,446.3872...

Published 25 Feb, 2023 06:23am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (February 24, 2023). ======================== OFFER PRICE...

Published 25 Feb, 2023 06:23am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Friday (February 24, 2023). ======================== Offer Price...

Published 25 Feb, 2023 06:23am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Friday (February 24, 2023). ======================== Offer Price...

Published 25 Feb, 2023 06:23am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (February 24, 2023). ======================== Offer ...

Published 25 Feb, 2023 06:23am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (February 24, 2023). ======================== Offer Price...

Published 25 Feb, 2023 06:23am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (February 24, 2023). ======================== Offer Price...

Published 25 Feb, 2023 06:23am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (February 24, 2023). ======================== Offer Price 1,273.0013 Bid...

Published 25 Feb, 2023 06:23am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (February 24, 2023). ========================...

Published 25 Feb, 2023 06:23am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (February 24, 2023). ========================...

Published 25 Feb, 2023 06:23am

IMF accord still ‘week, 10 days’ away: PM

Hopes issues with the IMF would be settled soon

Updated 25 Feb, 2023 09:06am

SBP injects Rs1.8trn into market

KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs1.8 trillion into the market to provide liquidity to...

Updated 25 Feb, 2023 01:27pm

$700m Chinese loan lands in SBP account

KARACHI: The country has received inflows amounting to $700 million from China to build the sliding foreign exchange...

Updated 25 Feb, 2023 09:01am

Pakistan, US for more dialogue to deepen economic ties

WASHINGTON: On February 23, 2023, the United States and Pakistan concluded the ninth meeting under the US–Pakistan...

Updated 25 Feb, 2023 09:01am

Inclusion in bench on polls: 2 judges attract objections

ISLAMABAD: Three major coalition partners in Pakistan Democratic Movement (PDM) government, Friday, objected to the...

Updated 25 Feb, 2023 09:04am

De-notified on 6 seats: IK retains NA-45 Kurram seat

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan retains the National Assembly’s NA-45 Kurram seat with...

Updated 25 Feb, 2023 09:04am

Pakistan, Uzbekistan sign $1bn trade deal

ISLAMABAD: Pakistan and Uzbekistan signed on Friday a $1 billion deal to increase bilateral trade, a statement from...

Published 25 Feb, 2023 06:23am

Equipment import: IPPs seek amendment to SBP’s circular

ISLAMABAD: Independent Power Producers (IPPs) have sought amendment to State Bank of Pakistan (SBP) Circular of...

Updated 25 Feb, 2023 09:00am

Elimination of terrorism linked to economic recovery, political stability

ISLAMABAD: The central apex committee on Friday declared that elimination of terrorism, economic recovery and...

Updated 25 Feb, 2023 09:05am

G20 tussles overc war as West steps up sanctions

BENGALURU: Finance leaders of the world’s top economies sought on Friday to bridge differences over how to deal with...

Updated 25 Feb, 2023 09:04am

Taxes

Hike in FED on tobacco to hit govt’s revenue collection efforts

KARACHI: The recent increase in the Federal Excise Duty (FED) on the tobacco sector will lead to reduction in the...

Published 25 Feb, 2023 06:23am

Industry

ABAD concerned at hike in steel bar rates

KARACHI: Association of Builders and Developers of Pakistan (ABAD), while expressing deep concern over hike in steel...

Published 25 Feb, 2023 06:23am

‘Productivity enhancing reforms’

EDITORIAL: The World Bank’s report, “From Swimming in Sand to High and Sustainable Growth” only points out the...

Published 25 Feb, 2023 06:23am

The challenge of electricity theft

EDITORIAL: While it is not surprising that a lot of electricity is stolen, it is still shocking that that figure ...

Published 25 Feb, 2023 06:23am

Money & Banking

HBL registers Rs77bn profit before tax in 2022

KARACHI: HBL on Friday declared a consolidated profit before tax of Rs 77 billion for the year ended December 31,...

Published 25 Feb, 2023 06:23am

Taxes

FBR head listens to grievances of taxpayers

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad has advised the taxpayers to visit their nearest...

Published 25 Feb, 2023 06:23am

NBGP concerned at interest rate hike reports

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

Published 25 Feb, 2023 06:23am

PQA moves MoMA for recovery of over Rs1bn LDs from foreign co

Industry

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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