News Archives for Print - 2023-03-08

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Print - 2023-03-08

Three books launched at CPSC event

ISLAMABAD: The China-Pakistan Study Centre (CPSC) at the Institute of Strategic Studies Islamabad (ISSI) hosted a...

Published 08 Mar, 2023 07:44am

Buzdar denies owning any property in Spain, US

LAHORE: Former Punjab chief minister and PTI leader Sardar Usman Buzdar said on Tuesday that he had no property in...

Published 08 Mar, 2023 07:41am

Removal from PTI chairmanship: ECP dismisses case against Imran, reprimands petitioner

ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday dismissed a case against Pakistan Tehreek-e-Insaf...

Published 08 Mar, 2023 07:37am

Elahi appointed as PTI president

LAHORE: Former Punjab chief minister Chaudhry Parvez Elahi has been appointed as the president of Pakistan...

Published 08 Mar, 2023 07:34am

Sindh governor visits Hyderabad chamber

HYDERABAD: Governor of Sindh Kamran Khan Tessori has said that Pakistan is rich in mineral and natural resources, ...

Published 08 Mar, 2023 07:32am

International Women’s Day: HR Metrics holds GDEIB annual awards 2023

ISLAMABAD: On the eve of International Women’s Day, HR Metrics held the Global Diversity, Equity and Inclusion...

Published 08 Mar, 2023 07:30am

LHC upholds objection to Imran’s plea

LAHORE: Justice Shahid Bilal Hassan of the Lahore High Court (LHC) on Tuesday sustained an office objection to a...

Published 08 Mar, 2023 07:29am

Maryam seeks accountability of ‘people who harmed country’

SHEIKHUPURA: Pakistan Muslim League-Nawaz (PML-N) Chief Organiser Maryam Nawaz has slammed former prime minister...

Published 08 Mar, 2023 07:11am

Navy seizes narcotics worth $15m

KARACHI: A Pakistan Navy ship deployed on regional security patrol seized a huge quantity of drugs in a...

Published 08 Mar, 2023 07:08am

Fair polls impossible if Dogar remains CCPO, SC told

ISLAMABAD: The Election Commission of Pakistan (ECP) has informed the Supreme Court that it will not be able to...

Published 08 Mar, 2023 07:03am

Non-bailable arrest warrants of interior minister issued

GUJRANWALA: The Anti-Terrorism Court in Gujranwala dismissed Interior Minister Rana Sanaullah’s request for...

Published 08 Mar, 2023 07:00am

OICCI, Unilever Pakistan and Circle hold event related to Women’s Day

KARACHI: The Overseas Chamber of Commerce and Industry (OICCI), partnered with Unilever Pakistan and Circle, marked...

Published 08 Mar, 2023 06:58am

Degrees conferred on 17,578 students at UAF convocation

FAISALABAD: The 26th Convocation of the University of Agriculture Faisalabad on Tuesday was held at University...

Published 08 Mar, 2023 06:57am

Two fertiliser plants, domestic sector: PSO needs Rs39bn for payment obligations and sustaining LNG supply chain

ISLAMABAD: Petroleum Division has sought Rs 39 billion against supply of RLNG to two fertilizer plants and domestic...

Published 08 Mar, 2023 06:55am

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 08 Mar, 2023 06:20am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Tuesday (March 07, 2023)....

Published 08 Mar, 2023 06:20am

The Weather

KARACHI: The weather report on Tuesday (March 07, 2023) and the forecast for Wednesday (March 08, 2023)...

Published 08 Mar, 2023 06:20am

Afghan team likely to arrive soon for security talks: minister

ISLAMABAD: Defence Minister Khawaja Asif on Tuesday said that a high-level Afghan delegation is expected to arrive ...

Published 08 Mar, 2023 06:20am

Another bailable arrest warrants for Imran, Fawad

ISLAMABAD: The national election body has issued another bailable arrest warrants for Chairman of Pakistan...

Published 08 Mar, 2023 06:20am

Money & Banking

BoP hosts roundtable featuring ADB team, business leaders

LAHORE: The Bank of Punjab (BoP) hosted a roundtable featuring a delegation of the Asian Development Bank (ADB),...

Published 08 Mar, 2023 06:20am

Pentagon chief in Iraq says US wants to ‘strengthen’ ties

BAGHDAD: Pentagon chief Lloyd Austin said Tuesday he hoped to “strengthen and broaden” relations with Iraq, on a...

Published 08 Mar, 2023 06:20am

Noman Lakhani made SHEC member

KARACHI: In exercise of the powers conferred under Section 6(3) of the Sindh Higher Education Commission Act, 2013,...

Published 08 Mar, 2023 06:20am

Aurat March organisers, Lahore DC agree on rally route

LAHORE: The Deputy Commissioner (DC) Lahore and the organizing committee of Aurat March on Tuesday came to an...

Published 08 Mar, 2023 06:20am

Projects of INGOs: Senate panel calls for enhanced coordination with provinces

ISLAMABAD: A meeting of the Senate Standing Committee on Economic Affairs Division wanted increased coordination ...

Published 08 Mar, 2023 06:20am

Lecture at FUUAST: IR students should learn about policies, cultures of other states: expert

KARACHI: Students of international relations (IR) must be taught about foreign policies of different countries along...

Published 08 Mar, 2023 06:20am

Careem to launch female-driven bike service for women

KARACHI: On the occasion of International Women’s Day, Careem has announced plans to launch a new women-driven...

Published 08 Mar, 2023 06:20am

NA panel approves Pakistan Trade Control of Wild Fauna and Flora (Amend) Bill

ISLAMABAD: The National Assembly Standing Committee on Climate Change approved the Pakistan Trade Control of Wild...

Published 08 Mar, 2023 06:20am

ITMA in Milan: Italy consulate holds briefing for textile companies

KARACHI: Under the patronage of the Consulate of Italy in Karachi, a presentation was organised for the textile...

Published 08 Mar, 2023 06:20am

Officials urged to lift ban on IK speeches, restore ARY licence

NEW YORK: Pakistan authorities must immediately rescind the ban on satellite television channels airing live and...

Published 08 Mar, 2023 06:20am

President’s wife inaugurates painting exhibition

ISLAMABAD: The First Lady Samina Alvi, wife of President Dr Arif Alvi, inaugurated a three-day painting exhibition...

Published 08 Mar, 2023 06:20am

Ahsan tells Sindh CM: Concerns of Sindh will be addressed immediately

ISLAMABAD Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Tuesday chaired a 7th...

Published 08 Mar, 2023 06:20am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (March 07,...

Published 08 Mar, 2023 06:20am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (March 07, 2023)....

Published 08 Mar, 2023 06:20am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (March 07, 2023). ========================== KIBOR...

Published 08 Mar, 2023 06:20am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (March 07, 2023). ======================== OFFER PRICE...

Published 08 Mar, 2023 06:20am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (March 07, 2023). ======================== OFFER PRICE...

Published 08 Mar, 2023 06:20am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (March 07, 2023). ======================== OFFER PRICE...

Published 08 Mar, 2023 06:20am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (March 07, 2023). ======================== OFFER PRICE...

Published 08 Mar, 2023 06:20am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (March 07, 2023). ======================== OFFER PRICE...

Published 08 Mar, 2023 06:20am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (March 07, 2023). ======================== OFFER PRICE 1,454.0268...

Published 08 Mar, 2023 06:20am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Tuesday (March 07, 2023). ======================== OFFER PRICE ...

Published 08 Mar, 2023 06:20am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (March 07, 2023). ======================== OFFER PRICE...

Published 08 Mar, 2023 06:20am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (March 07, 2023). ======================== OFFER PRICE...

Published 08 Mar, 2023 06:20am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (March 07, 2023). ======================== OFFER PRICE...

Published 08 Mar, 2023 06:20am

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 08 Mar, 2023 06:20am

Rates

Proposed right issues

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

Published 08 Mar, 2023 06:20am

Stocks

Last date of renunciation/payment

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

Published 08 Mar, 2023 06:20am

Rates

Dividend/Bonus Announcements

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

Published 08 Mar, 2023 06:20am

Rates

Board meetings in progress

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

Published 08 Mar, 2023 06:20am

Rates

BOARD MEETINGS

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

Published 08 Mar, 2023 06:20am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 08 Mar, 2023 06:20am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (March 07, 2023). ==================================== BR...

Published 08 Mar, 2023 06:20am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 08 Mar, 2023 06:20am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (March 07, 2023)....

Published 08 Mar, 2023 06:20am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 07, 2023)....

Published 08 Mar, 2023 06:20am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (March 07, 2023). ======================================= Offset...

Published 08 Mar, 2023 06:20am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (March 07, 2023)...

Published 08 Mar, 2023 06:20am

Rates

LME official prices

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

Published 08 Mar, 2023 06:20am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 115,494 tonnes of cargo comprising 74,832 tonnes of import cargo and 40,662...

Published 08 Mar, 2023 06:20am

Stocks

Wall Street falls

NEW YORK: US stock indexes fell on Tuesday as Federal Reserve Chair Jerome Powell told Congress the central bank ...

Published 08 Mar, 2023 06:20am

Letters

The ‘unfair’ digital census

The ongoing digital census of population and housing has attracted criticism from opposition Pakistan ...

Published 08 Mar, 2023 06:20am

How McDonald’s makes money

For consumers McDonald’s is a fast-food chain. However, since the advent of McDonald’s, it has never made...

Published 08 Mar, 2023 06:20am

Energy sector reforms: Earnest intentions for structural changes necessary – IV

Our fiscal space is wafer thin. The economy is starting to pull back from a precipice. The International Monetary...

Published 08 Mar, 2023 06:20am

The profundity of feedback loop

Since time immemorial, decision-making has been based on a number of factors, the most important being the feedback...

Updated 08 Mar, 2023 06:46am

PARTLY FACETIOUS: The Khan’s popularity

“I will have you know The Khan’s popularity graph declined by 5 percent on Monday…” “Which survey?”...

Published 08 Mar, 2023 06:20am

IK summoned by court in Toshakhana case

ISLAMABAD: A local court, on Tuesday, summoned Pakistan Tehreek-e-Insaf (PTI) Chairman and former premier Imran Khan...

Published 08 Mar, 2023 06:20am

Toshakhana reference: IHC suspends IK’s non-bailable arrest warrants till 13th

ISLAMABAD: The Islamabad High Court (IHC) Tuesday suspended the non-bailable arrest warrants of Pakistan...

Published 08 Mar, 2023 06:20am

76 cases registered against PTI chief so far: Umar

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Secretary General Asad Umar has said that a systematic campaign has been...

Published 08 Mar, 2023 06:20am

Rates

Equities drift lower

KARACHI: Pakistan Stock Exchange Tuesday witnessed a mixed trend and after moving in both directions, closed on a...

Published 08 Mar, 2023 06:20am

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 08 Mar, 2023 06:20am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (March 07, 2023)....

Published 08 Mar, 2023 06:20am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (March 07, 2023). ======================== Open Bid Rs...

Published 08 Mar, 2023 06:20am

British PM’s trade envoy visits PBIT, meets minister

LAHORE: Member of British Parliament and British Prime Minister’s Trade envoy Mark Eastwood visited the Punjab...

Published 08 Mar, 2023 06:20am

Industry

KATI chief calls for taxes on agriculture sector

KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has said that the government...

Published 08 Mar, 2023 06:20am

IMF board poised to approve $2.9bn Sri Lanka bailout on 20th

WASHINGTON: The International Monetary Fund on Tuesday said Sri Lanka has secured financing assurances from all ...

Published 08 Mar, 2023 06:20am

IDB set to raise $2bn with sukuk

DUBAI: The Islamic Development Bank is set to raise $2 billion from a sale of Islamic bonds, or sukuk, maturing in...

Published 08 Mar, 2023 06:20am

Cotton & Textile

Spot rate unchanged on cotton market

LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained very low. Cotton ...

Published 08 Mar, 2023 06:20am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday (March 07, 2023)....

Published 08 Mar, 2023 06:20am

Commodities

Iron ore climbs on improving downstream demand

BEIJING: Dalian and Singapore iron ore futures rose on Tuesday, as warmer weather raised expectations for a pickup ...

Published 08 Mar, 2023 06:20am

Commodities

Japanese rubber futures rise on higher oil prices

SINGAPORE: Japanese rubber futures opened higher on Tuesday, supported by gains in oil prices amid supply concerns,...

Published 08 Mar, 2023 06:20am

Commodities

China’s coal imports in first two months of 2023 surge

SINGAPORE: China’s coal imports in the first two months of 2023 surged 71% from a low base a year earlier as...

Published 08 Mar, 2023 06:20am

Commodities

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 13.142...

Published 08 Mar, 2023 06:20am

Energy

VLSFO rebounds after one-month downtrend

SINGAPORE: The spot 0.5% very low sulphur fuel oil (VLSFO) market in Asia rebounded on Tuesday after trending lower...

Published 08 Mar, 2023 06:20am

Energy

Kenya issues oil supply tender with longer credit to curb FX pressure

NAIROBI: Kenya has issued its first oil import tender under a new system designed to cut pressure on the foreign...

Published 08 Mar, 2023 06:20am

Commodities

Paris wheat at one-year low

HAMBURG: Euronext wheat fell to a new one-year low on Monday on competitive Russian exports and expectations that a...

Published 08 Mar, 2023 06:20am

Energy

Gasoil margins little changed but prompt buyers emerge

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins were little changed at $25.06 a barrel, fluctuating in the $1 a...

Published 08 Mar, 2023 06:20am

Energy

Oil falls 3pc

NEW YORK: Oil prices fell by more than $2 a barrel on Tuesday after comments from US Federal Reserve Chair Jerome...

Published 08 Mar, 2023 06:20am

Money & Banking

Dollar jumps

NEW YORK: The dollar extended gains against a basket of currencies on Tuesday after Federal Reserve Chair Jerome...

Published 08 Mar, 2023 06:20am

Commodities

Copper prices down

LONDON: Copper prices fell further on Tuesday, pressured by weak import data from leading metals consumer China and...

Published 08 Mar, 2023 06:20am

Conference on LDCs: the Doha difference

EDITORIAL: Prime Minister Shehbaz Sharif in his address to the fifth UN-sponsored conference (5-9 March) on Least...

Published 08 Mar, 2023 06:20am

Pointless contradictions and controversies

EDITORIAL: Today is the International Women’s Day which is an occasion for girls and women around the world to...

Published 08 Mar, 2023 06:20am

Commodities

Gold prices fall

KARACHI: Gold prices on Tuesday witnessed a further decline on the local market, traders said. The rates fell by...

Published 08 Mar, 2023 06:20am

Trade Marks Ordinance (Amendments) Bill, 2022: NA panel clears wording after talks with IPO top brass

ISLAMABAD: The National Assembly Standing Committee on Commerce on Tuesday cleared the wording of Trade Marks...

Published 08 Mar, 2023 06:20am

Scrap shortage crisis compounding: PALSP

Industry

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Apr 1	149.58
USD to Swiss Franc / Apr 1	0.88
Pound Sterling to USD / Apr 1	1.29
Euro to USD / Apr 1	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
Nasdaq / Mar 28	17,322.99
Dow Jones / Mar 28	41,583.90
India Sensex / Apr 1	77,103.74
Tokyo Nikkei / Apr 1	35,624.48
Hang Seng / Apr 1	23,206.84
FTSE 100 / Apr 1	8,653.57
Germany DAX 30 / Apr 1	22,445.60
France CAC40 / Apr 1	7,860.39

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Crude Oil USD/Barrel / Apr 1	71.27
Gold Spot USD/Ounce / Apr 1	3,158.40
Cotton US¢/pound / Apr 1	66.88
Petrol/Litre / Apr 2	254.63
Diesel/Litre / Apr 2	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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