News Archives for Print - 2023-05-09

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Print - 2023-05-09

The Weather

KARACHI: The weather report on Monday (May 08, 2023) and the forecast for Tuesday (May 09, 2023)...

Published 09 May, 2023 05:37am

South Asia

At least 22 dead after India boat capsizes

MALAPPURAM: At least 22 people died when a tourist boat capsized in India, officials said Monday, with many of those...

Published 09 May, 2023 05:37am

China says imperative to stabilise Sino-US relations

BEIJING: China’s Foreign Minister Qin Gang said on Monday it is imperative to stabilise Sino-US relations after a...

Published 09 May, 2023 05:37am

Convoy carrying ASEAN diplomats ‘attacked’ in Myanmar

YANGON: A convoy of diplomats travelling in Myanmar came under fire from an unknown armed group, a military official...

Published 09 May, 2023 05:37am

CPJ to release report on impunity for journalist killings by Israeli military today

NEW YORK: The Committee to Protect Journalists (CPJ) on May 9, will release “Deadly Pattern,” a report on...

Published 09 May, 2023 05:37am

Jordan strikes Iran-linked drugs factory in southern Syria

AMMAN: Jordan carried out rare air strikes on southern Syria on Monday, hitting a Iran-linked drugs factory and...

Published 09 May, 2023 05:37am

Bolivian general who captured ‘Che’ Guevara dies

LA PAZ: Bolivian general Gary Prado Salmon, who captured communist revolutionary icon Ernesto “Che” Guevara in...

Published 09 May, 2023 05:37am

APT’s SG for enhancing cross-border collaboration

ISLAMABAD: Secretary General Asia-Pacific Telecommunity (APT) Masanori Kondo stressed on enhancing cross-border...

Published 09 May, 2023 05:37am

Scholarships: Balochistan, erstwhile FATA students must hold domicile,

ISLAMABAD: A parliamentary panel on Monday recommended the Higher Education Commission (HEC) for reviewing the ...

Published 09 May, 2023 05:37am

HVACR Society, ASHRAE to hold technical conference

KARACHI: Karachi Chapter of Pakistan HVACR Society and ASHRAE Pakistan Chapter have agreed to hold a technical...

Published 09 May, 2023 05:37am

Poor households: Minister says BISP contributing towards better health of infants, mothers

ISLAMABAD: Benazir Income Support Programme (BISP) is contributing towards the better health of infants and their...

Published 09 May, 2023 05:37am

Turkiye, SAU to start projects on modern agriculture

HYDERABAD: Turkiye and Sindh Agriculture University (SAU) have agreed to start various projects on modern...

Published 09 May, 2023 05:37am

Umair Sana announces free blood tests for journalists

KARACHI: Umair Sana Foundation has announced free of cost blood test facility for the members of Karachi Press Club...

Published 09 May, 2023 05:37am

Mazari urges UN bodies to take notice of ‘gross violations’ of human rights

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Dr Shireen Mazari on Monday called upon the UN human rights...

Published 09 May, 2023 05:37am

Probe against Justice Naqvi: Absence of key govt officials irks PAC

ISLAMABAD: Expressing utter displeasure over the absence of federal secretaries, chairmen NADRA and the CDA, and...

Published 09 May, 2023 05:37am

PPL funds science lab in Akhuwat College Kasur

KARACHI: Pakistan Petroleum Limited (PPL), a National E&P company and one of the largest corporate donors has...

Published 09 May, 2023 05:37am

Sindh minister thanks people for ‘reposing confidence in PPP’

KARACHI: Sindh Minister of Information, Transport and Mass Transit Sharjeel Inam Memon thanked the people of Sindh...

Published 09 May, 2023 05:37am

Letters

‘Politics is the art of looking for trouble…’

An embittered Imran Khan is not acting wisely. A kind of desperate sadness seems to have enveloped him as his move ...

Published 09 May, 2023 05:37am

Causes of the rising inflation

The rate of inflation, as measured by the Consumer Price Index (CPI), has been persistently rising since September...

Published 09 May, 2023 05:37am

Same old mantra all round

He came, he saw, he ‘conquered’. That is the take of hardline ‘patriots’ and a large section of our media on...

Published 09 May, 2023 05:37am

Pakistan, China, Afghanistan vow to deal with security challenges

ISLAMABAD: Pakistan, China, and Afghanistan have resolved they will not allow any individual, party or group,...

Published 09 May, 2023 05:37am

Meeting with Aafia: US visa issued to Dr Fowzia, IHC told

ISLAMABAD: The Islamabad High Court (IHC) was apprised Monday that the US visa has been issued to Dr Fowzia Siddiqui...

Published 09 May, 2023 05:37am

PARTLY FACETIOUS: It’s not what you say in this country that matters it’s who says it

“Ooopsy daisy.” “There are too many ooopsy daisy moments in this country today so you will have to narrow it...

Published 09 May, 2023 05:37am

Quetta and Chaman: Smuggled items worth Rs50.3m seized

KARACHI: Pakistan Customs has seized a huge quantity of poppy seeds, Chinese salt, sugar and peanuts worth Rs50.3...

Published 09 May, 2023 05:37am

LG polls: ruckus in Sindh Assembly as PTI decries ‘rigging’

KARACHI: The Sindh Assembly on Monday saw a ruckus, as the PTI lawmakers accused the ruling PPP of rigging the ...

Published 09 May, 2023 05:37am

PTA: Govt likely to appoint Hafeezur Rehman as member admin

ISLAMABAD: The federal government is likely to appoint Major General Hafeezur Rehman (retired) as new Member...

Published 09 May, 2023 05:37am

Artificial bladders implanted: Five successful ‘Radical Cystectomy Surgeries’ performed at LGH

LAHORE: Department of Urology, Lahore General Hospital (LGH) has attained another milestone by conducting five...

Published 09 May, 2023 05:37am

Cases registered against IK: LHC seeks report

LAHORE: The Lahore High Court on Monday sought a report from police by May 10 in a petition of Tehrik-e-Insaf Chief...

Published 09 May, 2023 05:37am

PFA disposes of 7,900 counterfeit soft drink bottles

LAHORE: The Punjab Food Authority (PFA) on Monday disposed of 7,900 counterfeit soft drink bottles ready to be sold...

Published 09 May, 2023 05:37am

Farmers not being allowed to save wheat for purpose of planting: PKI

LAHORE: Strongly criticising the raids by districts administrations to obtain harvested wheat from farmers to meet...

Published 09 May, 2023 05:37am

Justice Hilali’s appointment as CJ PHC approved

ISLAMABAD: President Dr Arif Alvi approved the appointment of Justice Mussarat Hilali as the regular chief justice ...

Published 09 May, 2023 05:37am

PM orders urgent steps to address flour crisis in KP

ISLAMABAD: Taking notice of the flour crisis in Khyber Pakhtunkhwa, Prime Minister Shehbaz Sharif on Monday has...

Published 09 May, 2023 05:37am

Petition seeking restoration of PA: LHC dismisses plea with fine of Rs100,000

LAHORE: The Lahore High Court on Monday dismissed a petition of a citizen with a fine of Rs 100,000 seeking...

Published 09 May, 2023 05:37am

Afghanistan wants Pakistan, TTP to hold talks

ISLAMABAD: Afghanistan acting foreign minister Amir Khan Muttaqi has conveyed to Pakistani authorities that the...

Published 09 May, 2023 05:37am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (May 08,...

Published 09 May, 2023 05:37am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (May 08, 2023)....

Published 09 May, 2023 05:37am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (May 08, 2023). ========================== KIBOR...

Published 09 May, 2023 05:37am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Monday (May 08, 2023). ======================== OFFER PRICE 2,326.5336...

Published 09 May, 2023 05:37am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Monday (May 08, 2023). ======================== OFFER PRICE 439.1064...

Published 09 May, 2023 05:37am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Monday (May 08, 2023). ======================== OFFER PRICE 517.4565...

Published 09 May, 2023 05:37am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Monday (May 08, 2023). ======================== OFFER PRICE 1,707.8848...

Published 09 May, 2023 05:37am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Monday (May 08, 2023). ======================== OFFER PRICE...

Published 09 May, 2023 05:37am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Monday (May 08, 2023). ======================== OFFER PRICE 1,500.5442 BID...

Published 09 May, 2023 05:37am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Monday (May 08, 2023). ======================== OFFER PRICE 1,074.0552...

Published 09 May, 2023 05:37am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Monday (May 08, 2023). ======================== OFFER PRICE 1,501.8033...

Published 09 May, 2023 05:37am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Monday (May 08, 2023). ======================== OFFER PRICE...

Published 09 May, 2023 05:37am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Monday (May 08, 2023). ======================== OFFER PRICE...

Published 09 May, 2023 05:37am

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 09 May, 2023 05:37am

Rates

Proposed right issues

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

Published 09 May, 2023 05:37am

Stocks

Last date of renunciation/payment

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

Published 09 May, 2023 05:37am

Rates

Dividend/Bonus Announcements

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

Published 09 May, 2023 05:37am

Rates

BOARD MEETINGS

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

Published 09 May, 2023 05:37am

Stocks

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

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

Published 09 May, 2023 05:37am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (May 08, 2023). ==================================== BR...

Published 09 May, 2023 05:37am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 09 May, 2023 05:37am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (May 08, 2023)....

Published 09 May, 2023 05:37am

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 09 May, 2023 05:37am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (May 08, 2023)....

Published 09 May, 2023 05:37am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (May 08, 2023)....

Published 09 May, 2023 05:37am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (May 08, 2023). ======================== Open Bid Rs...

Published 09 May, 2023 05:37am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 08, 2023)....

Published 09 May, 2023 05:37am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (May 08, 2023). ======================================= Offset Paper...

Published 09 May, 2023 05:37am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (May 08, 2023)...

Published 09 May, 2023 05:37am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 233,951 tonnes of cargo comprising 129,908 tonnes of import cargo and ...

Published 09 May, 2023 05:37am

Energy

Asia Distillates: Gasoil, jet fuel margins little changed amid thin trade

SINGAPORE: Asia’s 10ppm sulphur gasoil and jet fuel margins were little changed on Monday amid thin trade, even as...

Published 09 May, 2023 05:37am

Energy

VLSFO extends decline on lower spot offers

SINGAPORE: The market for very low sulphur fuel oil (VLSFO) softened in Asia for a third straight session on Monday,...

Published 09 May, 2023 05:37am

Energy

Asia’s naphtha crack higher

NEW DELHI: Asia’s naphtha refining profit margin rebounded slightly on Monday after dropping by 92% last week, but...

Published 09 May, 2023 05:37am

Stocks

Wall St edges lower on bleak earnings ahead of inflation data

NEW YORK: Wall Street’s main indexes inched lower on Monday as Tyson Foods and Catalent led falls on the benchmark...

Published 09 May, 2023 05:37am

Stocks

European shares higher, lifted by healthcare and bank stocks

PARIS: European shares ended higher on Monday, with healthcare and bank stocks in the lead as investors awaited key...

Published 09 May, 2023 05:37am

Stocks

Bank stocks help Shanghai index post biggest one-day gains

HONG KONG: China and Hong Kong stocks rose on Monday, as banks and energy shares climbed on hopes that a rebound in...

Published 09 May, 2023 05:37am

Stocks

Gulf markets end mixed on economic concerns

DUBAI: Stock markets in the Gulf ended mixed on Monday as traders fretted over global and local economic ...

Published 09 May, 2023 05:37am

Stocks

Indian shares rise after financials rebound

BENGALURU: India’s key benchmarks advanced over 1% on Monday, helped by a recovery in financials, strong earnings,...

Published 09 May, 2023 05:37am

Energy

NTDC Chairman appreciates setting up of training centre at Lahore

LAHORE: Board of Directors NTDC Chairman Naveed Ismail has appreciated the NTDC management for setting up a...

Published 09 May, 2023 05:37am

Rates

Stock market plummets

KARACHI: Pakistan Stock Exchange on Monday witnessed a bearish trend due to heavy selling on investor concerns over...

Published 09 May, 2023 05:37am

Industry

FPCCI chief urges SBP to remove lien marking immediately

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has urged the State Bank of Pakistan to immediately discontinue the 3...

Published 09 May, 2023 05:37am

Cotton & Textile

Slow business on cotton market

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

Published 09 May, 2023 05:37am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday (May 08,...

Updated 09 May, 2023 10:12am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 21.054 ...

Published 09 May, 2023 05:37am

Commodities

Iron ore struggles below $100 per tonne

MANILA: Benchmark iron ore futures in Singapore dipped on Monday, struggling below the $100 a tonne mark under the...

Published 09 May, 2023 05:37am

Commodities

Ukrainian grain is a driver of economy, world markets

KYSHCHENTSI, (Ukraine): Dutchman Kees Huizinga has faced many challenges in the two decades he has spent as a farmer...

Published 09 May, 2023 05:37am

Commodities

Japanese rubber futures extend rally

SINGAPORE: Japanese rubber futures rose for a fourth consecutive session on Monday, tracking gains in the Shanghai...

Published 09 May, 2023 05:37am

Commodities

EU wheat falls as Black Sea supply assessed

HAMBURG: European wheat futures fell on Monday on selling pressure after reaching a one-week high on Friday as...

Published 09 May, 2023 05:37am

Money & Banking

Dollar struggles, pound hits one-year high

NEW YORK: The dollar remained relatively weaker against most of its major peers on Monday, as traders wait for the...

Published 09 May, 2023 05:37am

Commodities

Palm oil jumps to near three-week higher

KUALA LUMPUR: Malaysian palm oil futures surged more than 4 percent on Monday to its highest closing in nearly three...

Published 09 May, 2023 05:37am

Commodities

Gold regains ground with focus on US inflation data

NEW YORK: Gold rose on Monday, regaining some ground after a retreat in the previous session and ahead of inflation...

Published 09 May, 2023 05:37am

Commodities

Shanghai copper rises on low stockpiles

SHANGHAI: Shanghai copper prices rose on Monday as low inventory levels provided a cushion after prices fell for...

Published 09 May, 2023 05:37am

Kazakhstan keen to deepen its trade ties with Pakistan: envoy

ISLAMABAD: Yerzhan Kistafin, Ambassador of Kazakhstan said that his country is keen to strengthen and deepen trade...

Published 09 May, 2023 05:37am

Impasse: Qin has power beyond exhortation

EDITORIAL: In a visible departure from successive Chinese governments’ policy not to comment on any country’s...

Published 09 May, 2023 05:37am

You talk the talk, but can you walk the talk?

EDITORIAL: On the ticklish question of elections, it is heartening to note that the government and PTI (Pakistan...

Published 09 May, 2023 05:37am

Pak exporters to participate in ‘Texworld-Apparel Show’

KARACHI: Exporters and traders from Pakistan will participate in the Texworld-Apparel Sourcing & Home Sourcing,...

Published 09 May, 2023 05:37am

Industry

New paddy varieties: LCCI heaps praise on governor for honouring private sector

LAHORE: The Lahore Chamber of Commerce and Industry is thankful to the Governor Punjab Muhammad Baligh ur Rehman for...

Published 09 May, 2023 05:37am

Industry

SME development initiatives: Women parliamentary secretaries to meet soon to delineate plan

LAHORE: A concrete plan for economic empowerment of women would be derived in the joint meeting of women...

Published 09 May, 2023 05:37am

Industry

CM accords approval to pilot plan of shrimp aquaculture

LAHORE: The caretaker chief minister Punjab Mohsin Naqvi has accorded in-principle approval to a pilot program to...

Published 09 May, 2023 05:37am

Curbing drug trade, usage: Govt’s planned mega fusion centre to follow US pattern

ISLAMABAD: The government is forming a mega fusion center at the pattern of the same facilities developed by the...

Published 09 May, 2023 05:37am

Commodities

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 1	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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