News Archives for Print - 2023-06-16

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Print - 2023-06-16

Cotton & Textile

Spot rate loses Rs300 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Thursday decreased the spot rate by Rs...

Published 16 Jun, 2023 07:27am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (June 15, 2023)...

Published 16 Jun, 2023 07:25am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 21.544...

Published 16 Jun, 2023 07:24am

Stocks

Wall Street rallies as yields slip after economic data

NEW YORK: The main US stock indexes touched multi-month highs on Thursday as Treasury yields slid after a slew of...

Published 16 Jun, 2023 07:23am

Stocks

European shares slip after ECB rate hike

PARIS: European shares slipped on Thursday after the European Central Bank (ECB) raised borrowing costs as expected...

Published 16 Jun, 2023 07:21am

Commodities

Palm oil rises for third day on concerns over dry weather

KUALA LUMPUR: Malaysian palm oil futures rose on Thursday for a third consecutive session, lifted by concerns over...

Published 16 Jun, 2023 07:16am

Commodities

Gold survives Fed scare to move up on dollar, yields weakness

NEW YORK: Gold bounced back from a three-month low on Thursday as the dollar and bond yields moved lower after US...

Published 16 Jun, 2023 07:15am

Commodities

Weaker dollar pushes copper back to 5-week high

LONDON: Copper prices reversed an earlier fall to touch a five-week high in London on Thursday on a weaker dollar ...

Published 16 Jun, 2023 07:14am

Forex reserves up $107m to $4.019bn

KARACHI: The State Bank of Pakistan’s foreign exchange reserves increased by $ 107 million during the last week....

Published 16 Jun, 2023 07:13am

Finance bill 2023: recommendations finalised by Senate panel

ISLAMABAD: The Senate Standing Committee on Finance and Revenue meeting, chaired by Senator Saleem Mandviwalla has...

Published 16 Jun, 2023 07:10am

Multilateral debt country’s biggest problem: Pasha

ISLAMABAD: Former Finance Minister Dr Hafiz Pasha Thursday said Pakistan’s foreign exchange reserves are 16 ...

Published 16 Jun, 2023 07:08am

South Asia

Taliban administration officials attend peace forum in Norway

NORWAY: Officials from Afghanistan’s Taliban administration travelled to Norway this week for meetings with civil...

Published 16 Jun, 2023 06:27am

South Asia

Indian police charge lawmaker with sexual harassment

NEW DELHI: Indian police filed charges of sexual harassment and criminal intimidation on Thursday against the chief...

Published 16 Jun, 2023 06:27am

Pakistan, Sri Lanka to jointly host Asia Cup cricket

COLOMBO: Pakistan will jointly host this year’s 50-over Asia Cup tournament with Sri Lanka, organisers said...

Published 16 Jun, 2023 06:27am

Balochistan woman cricketer retires from international cricket

LAHORE: Nahida Khan has announced her retirement from international cricket 14 years after making her ODI debut in...

Published 16 Jun, 2023 06:27am

ICT, IFA conduct nspection of hotels

ISLAMABAD: The Islamabad Capital Territory (ICT) Administration and the Islamabad Food Authority (IFA) conducted an...

Published 16 Jun, 2023 06:27am

KP’s power sector: FD seeks PD’s comments on issues raised by caretaker CM

ISLAMABAD: The Finance Division has sought comments from the Power Division on power sector-related issues raised by...

Published 16 Jun, 2023 06:27am

Board members of NTL: PAC for probe into assets statements, travel history

ISLAMABAD: The Public Accounts Committee (PAC), on Thursday, directed the Interior Ministry to hold an inquiry into...

Published 16 Jun, 2023 06:27am

Cyclone: Sharjeel urges people to cooperate with govt

KARACHI: Information and Transport Minister Sharjeel Inam Memon, said that due to the storm, residents of the...

Published 16 Jun, 2023 06:27am

Climate change: minister says Pakistan has become hotspot

ISLAMABAD: Climate Change Minister Sherry Rehman has said that Pakistan is currently “bracing for one climate...

Published 16 Jun, 2023 06:27am

Trial of May 9 miscreants’ cases in jails: CM holds meeting to review progress

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi chaired a meeting at his office to review the progress made...

Published 16 Jun, 2023 06:27am

LHC disposes of Aleema Khan’s petition

LAHORE: The Lahore High Court on Thursday disposed of a petition of PTI chairman’s sister Aleema Khan after police...

Published 16 Jun, 2023 06:27am

Sethi thanks Asian Cricket Council for accepting hybrid proposal

LAHORE: Najam Sethi, Chair of the PCB Management Committee, has thanked the Asian Cricket Council for accepting his...

Published 16 Jun, 2023 06:27am

CPJ calls on Biden administration to press Modi on media freedom

NEW YORK: Ahead of Indian Prime Minister Narendra Modi’s visit to the US from June 21 to 24 and meeting with US...

Published 16 Jun, 2023 06:27am

US govt agencies hit in global hacking spree

WASHINGTON: Several US government agencies have been hit in a global hacking campaign that exploited a vulnerability...

Published 16 Jun, 2023 06:27am

Asia

North Korea fires two short-range ballistic missiles

SEOUL: North Korea fired two short-range ballistic missiles, South Korea’s military said Thursday, shortly after...

Published 16 Jun, 2023 06:27am

The Weather

KARACHI: The weather report on Thursday (June 15, 2023) and the forecast for Friday (June 16, 2023)...

Published 16 Jun, 2023 06:27am

PPP’s Wahab elected mayor of Karachi

KARACHI: Pakistan People’s Party (PPP) candidate Murtaza Wahab won Karachi’s mayoral election on Thursday,...

Published 16 Jun, 2023 06:27am

Historical sites in Lahore: DG WCLA & CCPO discuss provision of security

LAHORE: A delegation from the Walled City of Lahore Authority (WCLA), led by Director General Kamran Lashari, held a...

Published 16 Jun, 2023 06:27am

Eid-ul-Azha: Dar announces salary-payment to FG employees on 23rd

ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Ishaq Dar on Thursday announced payment of salaries to...

Published 16 Jun, 2023 06:27am

Federal Budget: BAP Senator for addressing plight of Baloch people

ISLAMABAD: Balochistan Awami Party (BAP) Senator Danesh Kumar has said that the plight of the people of Balochistan...

Published 16 Jun, 2023 06:27am

Biparjoy cyclone: SIEHS deploys 60 ambulances along Sindh’s coastal belt

KARACHI: In the wake of tropical cyclone Biparjoy, the Sindh Integrated Emergency & Health Services (SIEHS) 1122...

Published 16 Jun, 2023 06:27am

Airport Security Force: Senate body endorses number of anomalies

ISLAMABAD: A meeting of the Senate Committee on Delegated Legislation, on Thursday, endorsed a number of anomalies...

Published 16 Jun, 2023 06:27am

Cancellation of plot’s lease deed: SC upholds CDA’s decision

ISLAMABAD: The Supreme Court upheld the decision of the Capital Development Authority (CDA) to cancel the lease deed...

Published 16 Jun, 2023 06:27am

Review jurisdiction of SC could be made into re-hearings by amending constitution: SC

ISLAMABAD: Chief Justice Umar Ata Bandial said the review jurisdiction of the Supreme Court could be made into...

Published 16 Jun, 2023 06:27am

PTI files appeal against objections raised by Registrar’s Office

ISLAMABAD: The Pakistan Tehreek-e-Insaf (Imran Khan files appeal against objections) said the ruling coalition of...

Published 16 Jun, 2023 06:27am

Higher education institutions: PPP MNA expresses concern over defence minister’s remarks in NA

KARACHI: Nafisa Shah, a member of the National Assembly (MNA) from the Pakistan Peoples Party, expressed her grave...

Published 16 Jun, 2023 06:27am

PARC, CABI take step in combating parthenium weed

ISLAMABAD: The Pakistan Agricultural Research Council (PARC) in collaboration with the Centre for Agriculture and...

Published 16 Jun, 2023 06:27am

Pakistan, Belgium hold 2nd round of BPC

ISLAMABAD: Pakistan and Belgium on Thursday held the second round of “Bilateral Political Consultations (BPC)”,...

Published 16 Jun, 2023 06:27am

Sindh PA proceedings: No let-up in ‘injustices’ against religious minorities: MQM

KARACHI: MQM Thursday rattled the Sindh Assembly with an outcry over continuing injustices against the religious...

Published 16 Jun, 2023 06:27am

Navy continues rescue & relief operation

KARACHI: Pakistan Navy continues wide scale Humanitarian Assistance and Disaster Relief (HADR) Operations in far...

Published 16 Jun, 2023 06:27am

Cyclone Biparjoy: Minister visits Jhimpir Wind Corridor to inspect transmission towers

LAHORE: Federal Minister for Energy (Power Division) Engr Khurram Dastgir Khan visited Jhimpir Wind Corridor for...

Published 16 Jun, 2023 06:27am

JI to observe black day today

KARACHI: Jamaat-e-Islami (JI) Karachi on Thursday rejected the results of mayor's elections, citing the PPP's...

Published 16 Jun, 2023 06:27am

GSP Plus scheme will continue to assist developing economies: Khar

ISLAMABAD: Minister of State for Foreign Affairs Hina Rabbani Khar has expressed the hope that the European ...

Published 16 Jun, 2023 06:27am

GACA Aviation Security assessment of security concludes

KARACHI: The second leg of GACA Aviation Security assessment of security at country's major airports has come to an...

Published 16 Jun, 2023 06:27am

Budget 2023-24: Impediments to a viable economy

The provisional data issued by the National Accounts Committee portray a bleak picture of the economy where real GDP...

Published 16 Jun, 2023 06:27am

Huge global economic policy challenges

‘The world is facing numerous extreme, interlinked challenges, including a climate emergency and growing economic...

Published 16 Jun, 2023 06:27am

Letters

Rent-seeking through revolving doors

Kudos to Majyd Aziz for his highly informed perspective in the shape of an article ‘‘Is textile sector ‘rent...

Published 16 Jun, 2023 06:27am

Book-launch ceremony held

ISLAMABAD: The book launch event of “Extremism and Counter-Extremism Narratives in Pakistan: An Analysis of...

Published 16 Jun, 2023 06:27am

PCAA revises Covid-19 policy

KARACHI: Pakistan Civil Aviation Authority (PCAA) has revised its COVID-19 policy for those arriving in Pakistan ...

Published 16 Jun, 2023 06:27am

CEO Islamic Relief Worldwide meets King Charles III

LONDON: In August 2022, Pakistan witnessed the worst floods of its history affecting roughly 33 million people ...

Published 16 Jun, 2023 06:27am

Understanding and addressing fault lines—II

b. Selling Cheap: Except from 1971 to 1977 on the economic policy side, there was complete unconditional surrender...

Updated 16 Jun, 2023 06:47am

Jane Marriott is first woman UK HC to Pakistan

ISLAMABAD: The United Kingdom’s government has appointed Jane Marriott, the first female British High Commissioner...

Published 16 Jun, 2023 06:27am

PARTLY FACETIOUS: Chicken price rising since Dar landed back

“There is no one left out there but us chickens.” “Excuse me? I resent being referred to as a chicken, there...

Published 16 Jun, 2023 06:27am

Stocks

Last date of renunciation/payment

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

Published 16 Jun, 2023 06:27am

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 16 Jun, 2023 06:27am

Rates

Downward spiral continues

KARACHI: Pakistan Stock Exchange on Thursday witnessed a mixed trend and after moving both ways, closed on a ...

Published 16 Jun, 2023 06:27am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 16,242 tonnes of cargo comprising 16,242 tonnes of import cargo and NIL...

Published 16 Jun, 2023 06:27am

Energy

Renewable energy and green transition: Pakistan, Denmark reaffirm commitment

ISLAMABAD: Pakistan and Denmark on Thursday reaffirmed their commitment for joint initiatives and projects in...

Published 16 Jun, 2023 06:27am

Rates

LME official prices

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

Published 16 Jun, 2023 06:27am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (June 15, 2023)...

Published 16 Jun, 2023 06:27am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (June 15, 2023). ======================================= Offset...

Published 16 Jun, 2023 06:27am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 15, 2023)....

Published 16 Jun, 2023 06:27am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (June 15, 2023). ======================== Open Bid Rs...

Published 16 Jun, 2023 06:27am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (June 15, 2023)....

Published 16 Jun, 2023 06:27am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (June 15, 2023)....

Published 16 Jun, 2023 06:27am

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 16 Jun, 2023 06:27am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Thursday (June 15, 2023)....

Published 16 Jun, 2023 06:27am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 16 Jun, 2023 06:27am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (June 15, 2023). ==================================== BR...

Published 16 Jun, 2023 06:27am

Rates

BOARD MEETINGS

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

Published 16 Jun, 2023 06:27am

Rates

Proposed right issues

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

Published 16 Jun, 2023 06:27am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (June 15, 2023). ======================== OFFER PRICE...

Published 16 Jun, 2023 06:27am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (June 15, 2023). ======================== OFFER PRICE...

Published 16 Jun, 2023 06:27am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (June 15, 2023). ======================== OFFER PRICE...

Published 16 Jun, 2023 06:27am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Thursday (June 15, 2023). ======================== OFFER PRICE ...

Published 16 Jun, 2023 06:27am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (June 15, 2023). ======================== OFFER PRICE 1,515.2157...

Published 16 Jun, 2023 06:27am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (June 15, 2023). ======================== OFFER PRICE...

Published 16 Jun, 2023 06:27am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (June 15, 2023). ======================== OFFER PRICE...

Published 16 Jun, 2023 06:27am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (June 15, 2023). ======================== OFFER PRICE...

Published 16 Jun, 2023 06:27am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (June 15, 2023). ======================== OFFER PRICE...

Published 16 Jun, 2023 06:27am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (June 15, 2023). ======================== OFFER PRICE...

Published 16 Jun, 2023 06:27am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Thursday (June 15, 2023). ======================== Offer Price...

Published 16 Jun, 2023 06:27am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Thursday (June 15, 2023). ======================== Offer Price...

Published 16 Jun, 2023 06:27am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Thursday (June 15, 2023). ======================== Offer ...

Published 16 Jun, 2023 06:27am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Thursday (June 15, 2023). ======================== Offer Price...

Published 16 Jun, 2023 06:27am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Thursday (June 15, 2023). ======================== Offer Price ...

Published 16 Jun, 2023 06:27am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Thursday (June 15, 2023). ======================== Offer Price 1,331.0892 Bid...

Published 16 Jun, 2023 06:27am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Thursday (June 15, 2023). ========================...

Published 16 Jun, 2023 06:27am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Thursday (June 15, 2023). ========================...

Published 16 Jun, 2023 06:27am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (June 15, 2023). ========================== KIBOR...

Published 16 Jun, 2023 06:27am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Thursday (June 15, 2023)....

Published 16 Jun, 2023 06:27am

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 16 Jun, 2023 06:27am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (June 15,...

Published 16 Jun, 2023 06:27am

Moody’s disputes govt’s growth assumption

Says Government of Pakistan’s budget lacks major revenue-raising or spending-containment measures to alleviate intense government liquidity pressures

Updated 16 Jun, 2023 08:54am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

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%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.95 ▲ 0.84 (11.81%)
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%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
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%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Fazal Cloth / Dec 18 Fazal Cloth Mills Limited(FZCM)	163 ▼ -16.55 (-9.22%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.14
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.04
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.47
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.01
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.90
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.17
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.09
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.84
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.20

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