News Archives for Print - 2023-04-29

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Print - 2023-04-29

IK says talks to continue if govt willing to dissolve NA

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan said the negotiations with the government will only go...

Published 29 Apr, 2023 06:04am

Motorcycle suicide bomber launches attack: Three soldiers martyred, 7 terrorists killed

PESHAWAR: A suicide bomber on a motorcycle blew himself up as militants attacked a temporary military camp in...

Published 29 Apr, 2023 06:04am

German honorary consulate opens in Quetta

QUETTA: “It is wonderful that for the first time ever in Balochistan, the office of the Honorary Consulate of the...

Published 29 Apr, 2023 06:04am

Structural reforms a must for economic sustainability: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has stated that Pakistan’s desire to maintain peace with neighbours must...

Published 29 Apr, 2023 06:04am

PM to attend coronation of king and queen

ISLAMABAD: Prime Minister Shehbaz Sharif will undertake a visit to the United Kingdom to attend the coronation of...

Published 29 Apr, 2023 06:04am

First monkeypox case reported

KARACHI: The first locally transmitted suspected case of monkeypox (mpox) was reported in a child in Karachi on...

Published 29 Apr, 2023 06:04am

PARTLY FACETIOUS: Consensus on election date in sight?

“So what do you think? An agreement on elections will be forged?” “Well The Khan has done a two-one.” “I...

Published 29 Apr, 2023 06:04am

Things look grim, but all is not lost

Large-Scale Manufacturing (LSM) and export-oriented industry are stressed as never before. They present a depressing...

Updated 29 Apr, 2023 07:35am

Rest in peace: Marr ke bhee chaen na payaa…

There is that famous Urdu couplet that says “Marr ke bhee chaen na payaa tau kidhar jaaenge? [If we can’t even...

Updated 29 Apr, 2023 07:42am

Letters

‘The grim challenge of import addiction’

This is apropos a Business Recorder op-ed “The grim challenge of import addiction” carried by the newspaper on...

Published 29 Apr, 2023 06:04am

Shura Hamdard condoles death of Justice Haziq-ul-Khairi

KARACHI: Shura Hamdard members from all chapters expressed deep sorrow and grief over the demise of Speaker Shura...

Published 29 Apr, 2023 06:04am

Bajwa’s statement on combat worthiness ‘quoted out of context’: ISPR

ISLAMABAD: The Inter-Services Public Relations (ISPR) on Friday clarified that the statement of former army chief...

Published 29 Apr, 2023 06:04am

Cyber security: Ahsan for ‘viable national mechanism’

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal has directed relevant quarters to develop a...

Published 29 Apr, 2023 06:04am

PPP to launch its digital platform in Lahore tomorrow

LAHORE: Pakistan People’s Party (PPP) is all set to launch ‘PPP digital’ in Lahore on Sunday, April 30. The...

Published 29 Apr, 2023 06:04am

Pakistan, EU resolve to combat terrorism jointly by increasing cooperation

ISLAMABAD: Pakistan and the European Union have reaffirmed their determination to jointly combat terrorism by...

Published 29 Apr, 2023 06:04am

IHC dismisses plea against ‘dam fund’

ISLAMABAD: The Islamabad High Court (IHC) turned down a petition seeking the removal of the Chief Justice of ...

Published 29 Apr, 2023 06:04am

Grand operation against Mainpuri, Gutika launched in Hyderabad

KARACHI: The district administration and Hyderabad police have launched a grand operation against Mainpuri, Gutika...

Published 29 Apr, 2023 06:04am

EPD presents Draft Punjab's State of Environment Report 2022

LAHORE: The Environment Protection Department (EPD) Punjab presented the Draft Punjab's State of Environment Report,...

Published 29 Apr, 2023 06:04am

The Weather

KARACHI: The weather report on Friday (April 28, 2023) and the forecast for Saturday (April 29, 2023)...

Published 29 Apr, 2023 06:04am

Elections in July or September? Govt-PTI talks give birth to hope

Final round of negotiations to take place on Tuesday

Updated 29 Apr, 2023 11:42am

Funds for elections in Punjab: SC issues notice to finance division

ISLAMABAD: The Supreme Court on Thursday issued notice to the Finance Division regarding providing Rs21 billion to...

Updated 29 Apr, 2023 11:43am

SC’s directive to SBP: NA panel takes suo motu notice

ISLAMABAD: National Assembly Standing Committee on Finance and Revenue is said to have taken suo motu notice in...

Updated 29 Apr, 2023 11:47am

Power Division says circular debt crosses Rs4trn mark

ISLAMABAD: Power Division has claimed that circular debt stock has crossed Rs 4 trillion after Rs 400 billion were...

Updated 29 Apr, 2023 01:22pm

Rs28bn receivables: Thar Power demands CPPA-G make payment

KARACHI: Thar Power project has demanded immediate release of receivables worth Rs 28 billion from Central Power...

Updated 29 Apr, 2023 11:48am

FBR suffers shortfall of over Rs100bn in April

ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a massive shortfall of over Rs 100 billion during the...

Updated 29 Apr, 2023 11:48am

Rates

Equities extend gains

KARACHI: Pakistan Stock Exchange Friday witnessed healthy trading activity due to fresh buying in various sectors....

Published 29 Apr, 2023 06:04am

Anti-Money Laundering Act: DG I&I-IR asked to initiate proceedings against ‘fit’ accused

ISLAMABAD: Directorate General of Intelligence and Investigation Inland Revenue (DG I&I-IR) has been directed to...

Updated 29 Apr, 2023 11:49am

Russia-Ukraine conflict: Defence exports always accompanied by ‘strict end-user requirements’: FO

ISLAMABAD: Foreign Office reiterated on Friday about Pakistan’s policy of “strict neutrality” in the Russia-Ukraine...

Updated 29 Apr, 2023 11:49am

Cotton & Textile

Punjab sets 5 million-acre cotton-sowing target

LAHORE: The Punjab province has set sowing target of cotton at 5 million acres of land this year with production...

Published 29 Apr, 2023 06:04am

Commodities

Silver prices hit record highs

KARACHI: Silver prices on Friday touched the record highs but gold inched down on the local market, traders said....

Published 29 Apr, 2023 06:04am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (April 28, 2023). ======================== Open Bid Rs...

Published 29 Apr, 2023 06:04am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (April 28, 2023)....

Published 29 Apr, 2023 06:04am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (April 28, 2023)....

Published 29 Apr, 2023 06:04am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 29 Apr, 2023 06:04am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (April 28, 2023). ==================================== BR...

Published 29 Apr, 2023 06:04am

Rates

BOARD MEETINGS

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

Published 29 Apr, 2023 06:04am

Rates

Proposed right issues

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

Published 29 Apr, 2023 06:04am

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 29 Apr, 2023 06:04am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (April 28, 2023). ======================== OFFER PRICE...

Published 29 Apr, 2023 06:04am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (April 28, 2023). ======================== OFFER PRICE...

Published 29 Apr, 2023 06:04am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (April 28, 2023). ======================== OFFER PRICE ...

Published 29 Apr, 2023 06:04am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Friday (April 28, 2023). ======================== OFFER PRICE 1,069.2608...

Published 29 Apr, 2023 06:04am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (April 28, 2023). ======================== OFFER PRICE 1,491.5039 ...

Published 29 Apr, 2023 06:04am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (April 28, 2023). ======================== OFFER PRICE...

Published 29 Apr, 2023 06:04am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (April 28, 2023). ======================== OFFER PRICE ...

Published 29 Apr, 2023 06:04am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (April 28, 2023). ======================== OFFER PRICE ...

Published 29 Apr, 2023 06:04am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (April 28, 2023). ======================== OFFER PRICE ...

Published 29 Apr, 2023 06:04am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (April 28, 2023). ======================== OFFER PRICE ...

Published 29 Apr, 2023 06:04am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Friday (April 28, 2023). ======================== Offer Price ...

Published 29 Apr, 2023 06:04am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Friday (April 28, 2023). ======================== Offer Price...

Published 29 Apr, 2023 06:04am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (April 28, 2023). ======================== Offer Price...

Published 29 Apr, 2023 06:04am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (April 28, 2023). ======================== Offer Price...

Published 29 Apr, 2023 06:04am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (April 28, 2023). ======================== Offer Price 1,762.0048...

Published 29 Apr, 2023 06:04am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (April 28, 2023). ======================== Offer Price 1,304.0544 Bid...

Published 29 Apr, 2023 06:04am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (April 28, 2023). ======================== ...

Published 29 Apr, 2023 06:04am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (April 28, 2023). ======================== ...

Published 29 Apr, 2023 06:04am

Hike in prices of essential drugs approved by ECC

ECC approves Ministry of National Health Services summary for an increase based on the recommendations of the Policy Board of DRAP in the wake of the devaluation of the rupee and inflation

Updated 29 Apr, 2023 11:37am

Multi-billion refinery to help bring oil prices down: Musadik

ISLAMABAD: Minister of State for Petroleum Dr Musadik Malik on Friday said that Prime Minister Shehbaz Sharif had...

Updated 29 Apr, 2023 11:40am

CEO Etisalat International Pakistan meets Dar

ISLAMABAD: Abdul Rehman Al Raheem Al Nooryani, CEO Etisalat International Pakistan called on Federal Minister for...

Published 29 Apr, 2023 06:04am

Fed calls for tougher bank rules after SVB collapse

WASHINGTON: The US Federal Reserve called for greater banking oversight while admitting to its own failures in a...

Published 29 Apr, 2023 06:04am

SPI inflation up 0.15pc WoW

ISLAMABAD: Sensitive Price Indicator (SPI) inflation witnessed an increase of 0.15 percent in the week that ended on...

Published 29 Apr, 2023 06:04am

New rule for commercial imports’ clearance

KARACHI: The clearance of commercial imports being trans-shipped to and cleared from all dry ports except Quetta ...

Published 29 Apr, 2023 06:04am

Summit Bank: BoD approves Lootah’s appointment as non-executive director

KARACHI: The board of directors of Summit Bank Limited has approved the appointment of Nasser Abdulla Hussain Lootah...

Published 29 Apr, 2023 06:04am

PIA posts Rs60m profit in Q1CY23, NA told

ISLAMABAD: The National Assembly was informed on Friday that Pakistan International Airlines (PIA) had earned around...

Published 29 Apr, 2023 06:04am

Pharma sector rejects govt’s move, demands 40pc hike in drug prices

KARACHI: The pharmaceutical industry has rejected government’s move of increasing drugs prices by 20 percent,...

Updated 29 Apr, 2023 01:29pm

Taxes

FBR to observe extended working hours

KARACHI: Federal Board of Revenue (FBR) has directed its field offices to observe extended working hours until 10:00...

Published 29 Apr, 2023 06:04am

Stocks

Earnings of KSE-100 index firms up 37pc QoQ in Q3

KARACHI: Inspite economic challenges and contrary to market expectations, the KSE-100 index companies’ earnings...

Published 29 Apr, 2023 06:04am

Industry

FPCCI says ‘short-term economic scenario is still bleak’

KARACHI: Irfan Iqbal Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has ...

Updated 29 Apr, 2023 06:27am

The SOE challenge

EDITORIAL: The World Bank report that declared Pakistan’s state-run firms “the worst in Asia” only put the...

Published 29 Apr, 2023 06:04am

Famished children

EDITORIAL: The level of acute malnutrition among children in this country is at a highly distressing level. An...

Published 29 Apr, 2023 06:04am

Companies

Soneri Bank posts Rs1,489m PAT in Q1CY23

KARACHI: The Board of Directors of Soneri Bank Limited, in their 198th meeting held in Karachi on 27th April 2023,...

Published 29 Apr, 2023 06:04am

Industry

Ethiopia-Pakistan Business Forum in May

KARACHI: The Embassy of the Federal Democratic Republic of Ethiopia (FDRE) in Pakistan and Trade Development...

Published 29 Apr, 2023 06:04am

Energy

PSO dominates challenging energy market

KARACHI: Pakistan State Oil (PSO) exhibited exceptional resilience and reported a net profit of Rs10.3 billion...

Published 29 Apr, 2023 06:04am

Companies

Quarter ended Mar 31, 2023: ABL’s PAT soars 57pc to Rs7.589bn YoY

LAHORE: Under the challenging operating environment emanating from macro-economic bottlenecks; Allied Bank is guided...

Published 29 Apr, 2023 06:04am

Companies

Sanofi-Aventis: Packages-led consortium acquires full 52.87pc stake held by Sanofi Foreign

KARACHI: The investor consortium led by Packages Limited has acquired the entire 52.87 percent shareholding held by...

Published 29 Apr, 2023 06:04am

Securities brokers and others: SECP issues new procedure for centralized digital on-boarding

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a new procedure for centralized...

Published 29 Apr, 2023 06:04am

Taxes

LTO Lahore recovers Rs5.25bn from CPPA-G

LAHORE: The Large Tax Office (LTO) Lahore has recovered Rs 5.25 billion from Central Power Purchasing Agency...

Published 29 Apr, 2023 06:04am

Industry

Govt will extend cooperation to industrialists: minister

LAHORE: Punjab Industries and Trade Minister S. M. Tanveer has said that the Punjab government would extend all...

Published 29 Apr, 2023 06:04am

Industry

LCCI says export-led growth ‘only solution’

LAHORE: A good liaison with the business community, facilitation to the exporters and well consulted policies are ...

Published 29 Apr, 2023 06:04am

Money & Banking

Standard Chartered (Pakistan) earns Rs16.1bn PBT, up 37pc YoY

KARACHI: Standard Chartered Bank (Pakistan) Limited delivered a strong profit before tax of Rs 16.1 billion for...

Updated 29 Apr, 2023 06:29am

Companies

Philip Morris Pakistan announces financial results for Q1CY2023

KARACHI: Philip Morris (Pakistan) Limited (the Company) announced its financial results for the quarter ended March...

Updated 29 Apr, 2023 06:31am

Companies

MoU signed: National Foods, Lucky Core Industries collaborate on tomato seed development, research

KARACHI: National Foods Limited and Lucky Core Industries Limited have signed an MoU to collaborate on tomato seed...

Published 29 Apr, 2023 06:04am

Industry

KATI chief, others review measures for rain emergencies

KARACHI: Korangi Association of Trade and Industry (KATI) President Faraz-ur-Rehman, Administrator Korangi Muhammad...

Published 29 Apr, 2023 06:04am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.18
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.21
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	63,839,122 ▼ -0.56
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.06
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.05
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.36
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	36,550,771 ▼ -0.37
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	34,442,081 ▲ 1.01

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