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 / May 14	281.78
USD PKR Interbank Buying / May 14	281.68
USD to Japanese Yen / May 14	147.13
USD to Swiss Franc / May 14	0.84
Pound Sterling to USD / May 14	1.33
Euro to USD / May 14	1.12
UK LIBOR % / May 13	4.96

Stock	Volume
S&P 500 / May 13	5,886.55
Nasdaq / May 13	19,010.09
Dow Jones / May 13	42,140.43
India Sensex / May 14	81,497.76
Tokyo Nikkei / May 14	38,113.18
Hang Seng / May 14	23,504.69
FTSE 100 / May 14	8,607.88
Germany DAX 30 / May 14	23,613.03
France CAC40 / May 14	7,846.03

Item	Value
Karachi Cotton PKR/37.32 KG / May 13	16,985
Gold 10 Grams PKR / May 13	295,096
Cotton US¢/pound / May 13	66.61
Petrol/Litre / May 14	252.63
Crude Oil USD/Barrel / May 14	63.39
Gold Spot USD/Ounce / May 14	3,234.38
Diesel/Litre / May 14	256.64

Gainers
Losers
Leaders

Stock	Price
B. F. Mod. / May 14 B.F. Modaraba(BFMOD)	9.34 ▲ 1 (11.99%)
Tariq Corp.Pref. / May 14 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.99 ▲ 0.88 (10.85%)
Al-Shaheer Corp / May 14 Al Shaheer Corporation Limited(ASC)	7.60 ▲ 0.72 (10.47%)
S.G.Power / May 14 S.G. Power Limited(SGPL)	7.73 ▲ 0.73 (10.43%)
AN Textile Mill / May 14 AN Textile Mills Limited(ANTM)	10.79 ▲ 1 (10.21%)
Hala Enterprise / May 14 Hala Enterprises Limited(HAEL)	12.05 ▲ 1.1 (10.05%)
Power Cem(Pref) / May 14 Power Cement (Pref)(POWERPS)	16.89 ▲ 1.54 (10.03%)
Bunnys Limited / May 14 Bunnys Limited(BNL)	28.01 ▲ 2.55 (10.02%)
Dewan Motors / May 14 Dewan Farooque Motors Limited(DFML)	36.03 ▲ 3.28 (10.02%)
Bawany Air Products / May 14 Bawany Air Products Limited(BAPL)	36.50 ▲ 3.32 (10.01%)

Stock	Price
Dewan Mushtaq / May 14 Dewan Mushtaq Textile Mills Limited(DMTM)	8.81 ▼ -0.99 (-10.1%)
Faisal Sp. / May 14 Faisal Spinning Mills Limited(FASM)	285.21 ▼ -29.79 (-9.46%)
Kohinoor Mills / May 14 Kohinoor Mills Limited(KML)	29.14 ▼ -2.78 (-8.71%)
Shahtaj Textile / May 14 Shahtaj Textile Limited(STJT)	63.95 ▼ -6.05 (-8.64%)
TPL Trakker Ltd / May 14 TPL Trakker Limited(TPLT)	6.09 ▼ -0.5 (-7.59%)
Calcorp Ltd / May 14 Calcorp Limited(CASH)	38.52 ▼ -2.74 (-6.64%)
F.Credit & Inv / May 14 First Credit and Investment Bank Limited(FCIBL)	7.46 ▼ -0.53 (-6.63%)
First Elite Cap.Mod / May 14 First Elite Capital Modaraba(FECM)	18.74 ▼ -1.26 (-6.3%)
Dewan Farooque Sp. / May 14 Dewan Farooque Spinning Mills Limited(DFSM)	2.88 ▼ -0.19 (-6.19%)
EMCO Industries / May 14 Emco Industries Limited(EMCO)	39.21 ▼ -2.57 (-6.15%)

Stock	Volume
At-Tahur Ltd. / May 14 At-Tahur Limited(PREMA)	38,280,706 ▲ 4.08
Fauji Cement / May 14 Fauji Cement Company Limited(FCCL)	32,512,188 ▲ 0.23
Sui South Gas / May 14 Sui Southern Gas Company Limited(SSGC)	25,554,487 ▲ 2.7
D.G.K.Cement / May 14 D.G. Khan Cement Company Limited(DGKC)	17,204,806 ▼ -3.09
Power Cement / May 14 Power Cement Limited(POWER)	17,010,828 ▲ 0.02
WorldCall Telecom / May 14 Worldcall Telecom Limited(WTL)	16,314,533 ▲ 0
B.O.Punjab / May 14 The Bank of Punjab(BOP)	13,361,005 ▼ -0.06
Al-Shaheer Corp / May 14 Al Shaheer Corporation Limited(ASC)	12,317,118 ▲ 0.72
Maple Leaf Cement / May 14 Maple Leaf Cement Factory Limited(MLCF)	11,467,328 ▼ -0.58
Pak Refinery / May 14 Pakistan Refinery Limited(PRL)	11,280,645 ▲ 0.3

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