News Archives for Print - 2023-05-19

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Print - 2023-05-19

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (May 18, 2023). ========================== KIBOR...

Published 19 May, 2023 07:21am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Thursday (May 18, 2023)....

Published 19 May, 2023 07:21am

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 19 May, 2023 07:21am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (May 18,...

Published 19 May, 2023 07:21am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Thursday (May 18, 2023). ======================== ...

Published 19 May, 2023 07:20am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Thursday (May 18, 2023). ======================== ...

Published 19 May, 2023 07:19am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Thursday (May 18, 2023). ======================== Offer Price 1,313.1302 Bid...

Published 19 May, 2023 07:19am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Thursday (May 18, 2023). ======================== Offer Price 1,780.7102...

Published 19 May, 2023 07:18am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Thursday (May 18, 2023). ======================== Offer Price...

Published 19 May, 2023 07:18am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Thursday (May 18, 2023). ======================== Offer Price...

Published 19 May, 2023 07:15am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Thursday (May 18, 2023). ======================== Offer Price...

Published 19 May, 2023 07:15am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Thursday (May 18, 2023). ======================== Offer Price ...

Published 19 May, 2023 07:15am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (May 18, 2023). ======================== OFFER PRICE ...

Published 19 May, 2023 07:14am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (May 18, 2023). ======================== OFFER PRICE ...

Published 19 May, 2023 07:13am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (May 18, 2023). ======================== OFFER PRICE ...

Published 19 May, 2023 07:13am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (May 18, 2023). ======================== OFFER PRICE...

Published 19 May, 2023 07:12am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (May 18, 2023). ======================== OFFER PRICE 1,502.9942 ...

Published 19 May, 2023 07:11am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (May 18, 2023). ======================== OFFER PRICE...

Published 19 May, 2023 07:10am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Thursday (May 18, 2023). ======================== OFFER PRICE 1,079.5511...

Published 19 May, 2023 07:09am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (May 18, 2023). ======================== OFFER PRICE ...

Published 19 May, 2023 07:08am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (May 18, 2023). ======================== OFFER PRICE...

Published 19 May, 2023 07:08am

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 19 May, 2023 07:03am

Rates

BOARD MEETINGS

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

Published 19 May, 2023 07:01am

Rates

Proposed right issues

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

Published 19 May, 2023 06:59am

Rates

Dividend/Bonus Announcements

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

Published 19 May, 2023 06:58am

Rates

Board meetings in progress

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

Published 19 May, 2023 06:58am

Stocks

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

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

Published 19 May, 2023 06:57am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (May 18, 2023). ==================================== BR...

Published 19 May, 2023 06:55am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 19 May, 2023 06:54am

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 19 May, 2023 06:53am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (May 18, 2023)....

Published 19 May, 2023 06:52am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (May 18, 2023)....

Published 19 May, 2023 06:51am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (May 18, 2023). ======================== Open Bid Rs...

Published 19 May, 2023 06:51am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 18, 2023)....

Published 19 May, 2023 06:50am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (May 18, 2023). ======================================= Offset...

Published 19 May, 2023 06:49am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (May 18, 2023)...

Published 19 May, 2023 06:48am

Rates

LME official prices

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

Published 19 May, 2023 06:47am

US SC backs Big Tech over terror claims

WASHINGTON: The US Supreme Court handed a victory to Twitter and Google on Thursday, saying the social media giants...

Published 19 May, 2023 06:17am

Xi hails ‘new era’ of ties with Central Asia at summit

XIAN, (China): Chinese President Xi Jinping hailed a “new era” of ties with Central Asia on Thursday, kicking ...

Published 19 May, 2023 06:17am

Iran warns Afghanistan

TEHRAN: Iran demanded on Thursday that Afghanistan respect its “water rights”, charging that an upstream river...

Published 19 May, 2023 06:17am

G7 to squeeze Russia, weigh risk of China’s ‘economic coercion’

HIROSHIMA: G7 leaders arrived in Hiroshima, Japan, on Thursday to weigh tighter sanctions on Russia and protections...

Published 19 May, 2023 06:17am

Middle East

Assad lands in Saudi for Arab summit

JEDDAH: Syrian President Bashar al-Assad arrived in Saudi Arabia Thursday, state media said, to join an Arab League...

Published 19 May, 2023 06:17am

The Weather

KARACHI: The weather report on Thursday (May 18, 2023) and the forecast for Friday (May 19, 2023)...

Published 19 May, 2023 06:17am

Rates

No let-up in bearish trend

KARACHI: Pakistan Stock Exchange Thursday witnessed a bearish trend due to selling pressure on investor concerns ...

Published 19 May, 2023 06:17am

Stalled IMF bailout has nothing to do with Iran ties: Bilawal

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari Thursday stated that the delay in reaching a deal with the...

Published 19 May, 2023 06:17am

‘Caretaker govt cannot give complete budget’: minister

LAHORE: Caretaker minister for local government Ibrahim Hassan Murad has that the government was preparing such...

Updated 19 May, 2023 06:42am

NA body declares ministry’s ‘Hajj through Sea’ proposal ‘unfeasible’

ISLAMABAD: The National Assembly’s Standing Committee on Maritime Affairs has declared as “unfeasible” the...

Published 19 May, 2023 06:17am

May 9 mayhem: CEC, ECP members given briefing by Punjab CM

LAHORE: Chief Election Commissioner (CEC) Sikandar Sultan Raja and Election Commission of Pakistan (ECP) members met...

Published 19 May, 2023 06:17am

Al-Qadir Trust case: Imran skips NAB hearing

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman and former premier Imran Khan on Thursday did not appear before...

Published 19 May, 2023 06:17am

Heatwave-like weather expected today

KARACHI: Another spell of heatwave like weather is set to scorch the central and upper Sindh from Friday (today) ...

Published 19 May, 2023 06:17am

PARTLY FACETIOUS: There’s a need for dialogue now

“Dialogue and not monologue is what is needed.” “Well both sides are engaged in monologues – and government...

Published 19 May, 2023 06:17am

Bailable arrest warrants for Swati issued

ISLAMABAD: A special court, on Thursday, rejected Pakistan Tehreek-e-Insaf (PTI) Senator Azam Khan Swati’s...

Published 19 May, 2023 06:17am

May 9 protest violence was pre-planned: IK

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan said that the May 9 violent protest was pre-planned to...

Published 19 May, 2023 06:17am

IHC declares Qureshi’s arrest illegal, orders his release

ISLAMABAD: The Islamabad High Court (IHC), Thursday, declared the arrest of Shah Mahmood Qureshi, vice chairman of...

Published 19 May, 2023 06:17am

LHC orders IGP to produce Imran Riaz today

LAHORE: The Lahore High Court Chief Justice on Thursday expressed his dissatisfaction over the efforts made by ...

Published 19 May, 2023 06:17am

Ministers visit RUDA headquarters

LAHORE: Minister for Housing, Urban Development & Public Health Department, Barrister Syed Ali Azfar Nasir and...

Published 19 May, 2023 06:17am

Chairman Wapda visits Nai Gaj Dam site

LAHORE: Chairman Water and Power Development Authority (Wapda) Engr Lt Gen Sajjad Ghani (Retd) visited Nai Gaj Dam...

Published 19 May, 2023 06:17am

Evening shift: EPI: minister says vaccination begins at leading hospitals

LAHORE: The Expanded Programme on Immunisation has started evening shift of vaccination services at leading teaching...

Published 19 May, 2023 06:17am

4015 UCs going to be interconnected through automated web-based system

LAHORE: “All the 4015 union councils of Punjab are going to be interconnected through an automated web-based ...

Published 19 May, 2023 06:17am

Grains

Thai rice prices hold near 4-month high

MUMBAI/HANOI/BANGKOK/DHAKA: Prices of rice from Thailand held near a four-month high this week helped by domestic...

Published 19 May, 2023 06:17am

Energy

VLSFO market structure firms

SINGAPORE: The market structure for very low sulphur fuel oil (VLSFO) strengthened in Asia on Thursday, while...

Published 19 May, 2023 06:17am

Energy

Asia’s gasoline refining margin rises

SINGAPORE: Asia’s gasoline refining profit margin rose on Thursday after US stocks posted a bigger-than-expected...

Published 19 May, 2023 06:17am

Commodities

Dalian iron ore extends rally on improved steel margins

BEIJING: Dalian iron ore futures extended gains for the fourth day in a row on Thursday, supported by improved steel...

Published 19 May, 2023 06:17am

Energy

Asia Distillates: Gasoil margins halt gains; cash premiums firm on demand

SINGAPORE: Asia’s 10 ppm sulphur gasoil margins fell after two days of gains, as a handful of market players...

Published 19 May, 2023 06:17am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 101,157 tonnes of cargo comprising 80,271 tonnes of import cargo and 20,886...

Published 19 May, 2023 06:17am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (May 18, 2023)...

Published 19 May, 2023 06:17am

Cotton & Textile

Spot rate remains unchanged on cotton market

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

Published 19 May, 2023 06:17am

Energy

US natgas futures gain as Canada wildfires keep exports low

NEW YORK: US natural gas futures rose about two percent to a two-month high on Thursday as wildfires kept gas ...

Published 19 May, 2023 06:17am

Commodities

Base metals fall with strong dollar

LONDON: Copper prices fell in London on Thursday after solid US economic data pushed the dollar to fresh seven-week...

Published 19 May, 2023 06:17am

Energy

Oil prices dip 1pc as US economic data boosts dollar

NEW YORK: Oil prices slid about 1 percent on Thursday after solid US economic data spurred the dollar to a two-month...

Published 19 May, 2023 06:17am

Commodities

Gold slides

NEW YORK: Gold extended declines on Thursday after more strong economic readings from the US further soured bets ...

Published 19 May, 2023 06:17am

Commodities

Palm oil hits 20-day closing low as higher output

KUALA LUMPUR: Malaysian palm oil futures eased on Thursday for a fourth consecutive session, hitting a 20-day ...

Published 19 May, 2023 06:17am

Stocks

China blue-chips slip as recovery falters

SHANGHAI: China’s blue-chip stocks slipped on Thursday, while investors snapped up banking and artificial...

Published 19 May, 2023 06:17am

Stocks

European stocks climb on US debt ceiling optimism

PARIS: European stocks climbed on Thursday boosted by hopes of a breakthrough in the US debt ceiling stand-off, with...

Published 19 May, 2023 06:17am

Stocks

Nasdaq jumps as growth stocks back in play

NEW YORK: The Nasdaq and the S&P 500 rose on Thursday as investors shifted into high-growth stocks amid optimism...

Published 19 May, 2023 06:17am

Budget, taxes, revival & growth

Fiscal consolidation should be as growth-friendly as possible. In general, tax base-broadening reforms are ...

Published 19 May, 2023 06:17am

A mission-oriented Budget

Never before in 75-year history of the country has Annual Budget been so important. Now that Pakistan has struggled...

Published 19 May, 2023 06:17am

Letters

‘The onus of proof is reversed and placed firmly on PTI’

This is apropos a Business Recorder letter titled ‘The onus of proof is reversed and placed firmly on PTI’...

Published 19 May, 2023 06:17am

Energy

IIL installs 1MW solar power system in Karachi

KARACHI: International Industries Limited (IIL), Pakistan’s largest manufacturer & exporter of steel and...

Published 19 May, 2023 06:17am

PPP CEC to meet today

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman and Foreign Minister Bilawal Bhutto-Zardari has called a meeting of...

Published 19 May, 2023 06:17am

PAC seeks details of rented accommodations for missions abroad

ISLAMABAD: The Public Accounts Committee (PAC), on Thursday, sought details of rented accommodations for mission...

Published 19 May, 2023 06:17am

Obituary

KARACHI: “Nazafreen Saigol Lakhani, President and Sarmad Ali, Secretary General of the All Pakistan Newspapers...

Published 19 May, 2023 06:17am

Transfers, postings

ISLAMABAD: Federal government on Thursday transferred and posted a grade-21 officer Muhammad Abdullah as additional...

Published 19 May, 2023 06:17am

Speakers urge govt to resolve energy crisis in G-B

ISLAMABAD: Speakers at a conference while urging the government’s immediate attention to resolve the energy crisis...

Published 19 May, 2023 06:17am

Ransacking military installations: PTI Senator for prosecution of accused under Army Act 1952

LAHORE: Senator Barrister Syed Ali Zafar of Pakistan Tehreek-e-Insaf (PTI) on Thursday said the persons involved in...

Published 19 May, 2023 06:17am

Illegal service providers: PTA, FIA conduct raids

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) in coordination with the Federal Investigation Agency ...

Published 19 May, 2023 06:17am

PPP believes in politics of dialogue: Kundi

ISLAMABAD: Pakistan People’s Party Spokesperson and Minister of State for Poverty Alleviation and Social ...

Published 19 May, 2023 06:17am

Pakistan being declared insecure destination: JI chief

ISLAMABAD: Jamaat-e-Islami(JI) Pakistan chief Sirajul Haq has said that the prevailing situation where the country ...

Published 19 May, 2023 06:17am

Federal Education and Professional Training: Ministry directed to devise plan for vacant chairs

ISLAMABAD: The chairman of the Senate Standing Committee on Federal Education and Professional Training Committee...

Published 19 May, 2023 06:17am

Malik Amin Aslam also parted ways with PTI

ISLAMABAD: Malik Amin Aslam – the lynchpin of Pakistan Tehreek-e-Insaf (PTI)’s billion tree tsunami programme–...

Published 19 May, 2023 06:17am

Non-implementation of ATIR order: IHC issues notices to Member IRO FBR, and others

ISLAMABAD: The Islamabad High Court (IHC) has issued notices to Member Inland Revenue Operations, Federal Board of...

Published 19 May, 2023 06:17am

PD’s FY24 uplift projects: Rs50bn indicative budget ceilings approved

The Ministry of Planning, Development and Special Initiatives advises Power Division to adjust its prioritized projects

Updated 19 May, 2023 09:01am

Supply of gas, other heads: Rs50bn spent on PSM since its shutdown

ISLAMABAD: The federal government has spent about Rs 50 billion on Pakistan Steel Mills (PSM) since it shut down its...

Updated 19 May, 2023 09:14am

Pakistan, Iran locked in big embrace

Border market, 100MW power project inaugurated

Updated 19 May, 2023 09:14am

Jul-Apr foreign borrowings down 37.7pc to $8.123bn YoY

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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