News Archives for Print - 2023-08-01

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Print - 2023-08-01

First US nuclear reactor in seven years goes online

NEW YORK: A new reactor at a US nuclear power plant entered into operation Monday, a first in seven years in the...

Published 01 Aug, 2023 06:19am

Swiss Foreign Minister Ignazio Cassis meets members of Swiss Business Council at Karachi

TEXT: President Swiss Business Council (SBC) Jason Avanceña, presented the Sindhi Ajrak and Cap to Foreign Minister...

Published 01 Aug, 2023 06:19am

SICPA Pakistan: Empowering the future through education and social impact

TEXT: As a strong advocate of the transformative power of education and social responsibility, SICPA Pakistan...

Published 01 Aug, 2023 06:19am

ABB Pakistan celebrates: 30 years of excellence

TEXT: The year 2022 marks the 30-year anniversary of ABB’s presence in Pakistan. 30 years is a long period –...

Published 01 Aug, 2023 06:19am

Switzerland-Pakistan diplomatic relations

TEXT: Switzerland and Pakistan have good, long-standing relations. The two countries have signed a range of economic...

Published 01 Aug, 2023 06:19am

Swiss National Day: Message from Jason Avanceña President, Swiss Business Council

TEXT: On this auspicious occasion of the Swiss National Day, I, as the President of the Swiss Business Council (SBC)...

Published 01 Aug, 2023 06:19am

Swiss National Day: Message from Khurram Shahzad Khan President & CEO HABIBMETRO

TEXT: Warmest congratulations to the people and Government of Switzerland on the 732nd National Day of the Swiss...

Published 01 Aug, 2023 06:19am

Swiss National Day: Message from Georg Steiner Ambassador of Swiss Confederation to Pakistan

TEXT: As you may know, August 1, 2023, marks the 732nd National Day of Switzerland. Nowadays, on August 1, the Swiss...

Published 01 Aug, 2023 06:19am

TikTok introduces text posts

KARACHI: TikTok has announced the launch of text posts, an innovative new format designed to empower creators and...

Published 01 Aug, 2023 06:19am

Court extends IK’s interim bail in six cases

ISLAMABAD: A local court, on Monday, extended the interim bail of Pakistan Tehreek-e-Insaf (PTI) Chairman and former...

Published 01 Aug, 2023 06:19am

Country likely to see more monsoonal rains this month

KARACHI: Isolated heavy falls may produce floods in cities and hilly areas with landslides during August, as the...

Published 01 Aug, 2023 06:19am

CM seeks plan to modernise zoos of four cities

LAHORE: The caretaker Punjab Chief Minister Mohsin Naqvi has directed authorities concerned to formulate plan aimed...

Published 01 Aug, 2023 06:19am

Civil society protests monopoly on vaccine manufacturing

LAHORE: Various civil society organizations have demanded the government that life-saving vaccines and medicines...

Published 01 Aug, 2023 06:19am

Call for transforming Karachi into humanistic eco-city

KARACHI: Dr Yasmeen Lari, CEO Heritage Foundation recognized as the first female architect in Pakistan, and more for...

Published 01 Aug, 2023 06:19am

Desecration of holy Quran: Bilawal raises Pakistan’s concern with Danish FM

ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari on Monday and raised with his Danish counterpart Pakistan’s ...

Published 01 Aug, 2023 06:19am

The Weather

KARACHI: The weather report on Monday (July 31, 2023) and the forecast for Tuesday (August 01, 2023)...

Published 01 Aug, 2023 06:19am

President confers Hilal-i-Pakistan on He

ISLAMABAD: President Dr Arif Alvi on Monday conferred the Hilal-i-Pakistan award on Chinese Vice-Premier He Lifeng,...

Published 01 Aug, 2023 06:19am

IS claims responsibility for Bajaur blast that killed 54

KHAR: The Islamic State group claimed responsibility Monday for a suicide bomb blast in Bajaur that killed at least...

Published 01 Aug, 2023 06:19am

NA adopts Pakistan Army (Amendment) Bill 2023

ISLAMABAD: After Senate, the National Assembly on Monday passed the Pakistan Army (Amendment) Bill, 2023, proposing ...

Published 01 Aug, 2023 06:19am

Toshakhana case: PTI chief again approaches SC against IHC order

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) chairman again approached the apex court against the Islamabad High...

Published 01 Aug, 2023 06:19am

Imran granted time till today to record his statement in Toshakhana case

ISLAMABAD: A local court, on Monday, granted time to Pakistan Tehreek-e-Insaf (PTI) Chairman and former prime...

Published 01 Aug, 2023 06:19am

Karachi: New route of electric bus announced

KARACHI: In a significant move to improve public transportation, the Sindh government has announced the launch of a...

Published 01 Aug, 2023 06:19am

SC disposes of plea against Justice Isa, others

ISLAMABAD: The Supreme Court disposed of contempt petition against Justice Qazi Faez Isa and two other members of ...

Published 01 Aug, 2023 06:19am

Homage paid to Madr-e-Millat Fatima Jinnah

LAHORE: Homage was paid to Madr-e-Millat Fatima Jinnah, as her 130th birth anniversary was observed on Monday....

Published 01 Aug, 2023 06:19am

Punjab Local Government: Action decided against corrupt elements

LAHORE: Caretaker Punjab Local Government Minister Amir Mir has decided to take tough action against corrupt ...

Published 01 Aug, 2023 06:19am

Tehreem Elahi’s plea: Justice Farooq recuses himself

LAHORE: Justice Farooq Haider of the Lahore High Court on Monday rescued himself from a petition filed by the wife ...

Published 01 Aug, 2023 06:19am

Punjab matric results announced

LAHORE: The results of the matriculation examination held across Punjab have been announced. Special Secretary ...

Published 01 Aug, 2023 06:19am

Punjab govt to spend Rs15bn on 28 hospitals

LAHORE: The Punjab government has prepared a plan for the improvement of public health facilities, proposing to ...

Published 01 Aug, 2023 06:19am

Bajaur atrocity

Pakistan’s long standing affliction of religious extremist terrorism is far from over. In Khar, Bajaur, Khyber...

Updated 01 Aug, 2023 06:39am

Mayor says a ‘developed Karachi’ a must for a prosperous Pakistan

KARACHI: Mayor Karachi Barrister Murtaza Wahab has said that he will make all-out efforts to resolve the issues of...

Published 01 Aug, 2023 06:19am

Reducing rising electricity tariff? — III

In the previous space, we focused on immediate financial restructuring solutions for enabling reduction in...

Updated 01 Aug, 2023 06:43am

‘Your network is your net worth’

People love to belong. They feel it gives them status, security, opportunity for upward or lateral mobility. Some...

Updated 01 Aug, 2023 06:45am

Vulnerable communities: SHRC, LAS ink MoU for free legal aid

KARACHI: Sindh Human Rights Commission (SHRC) and the Legal Aid Society (LAS) have taken a step forward to promote...

Published 01 Aug, 2023 06:19am

Non-traditional security: Round table conference held on defensive and offensive economics

ISLAMABAD: A round table conference titled “Defensive and Offensive Economics (Non-Traditional Security) led by ...

Published 01 Aug, 2023 06:19am

IUB incident: Plea seeking judicial inquiry filed

LAHORE: A petition has been filed in the Lahore High Court seeking a judicial inquiry into the scandal of drug and...

Published 01 Aug, 2023 06:19am

Civilians’ trial in military courts: Plea filed in SC to constitute full court

ISLAMABAD: Chief Justice of Pakistan Umar Ata Bandial has been asked to constitute a Full Court for hearing ...

Published 01 Aug, 2023 06:19am

Discrimination and rising Islamophobia: Pakistan commitment to work closely with OIC: Bilawal

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari attended the 18th Extraordinary Meeting of the Council of Foreign...

Published 01 Aug, 2023 06:19am

Minister for exploiting own resources to get rid of IMF

FAISALABAD: Pakistan must exploit its own natural resources to get rid of the International Monetary Fund (IMF) and...

Published 01 Aug, 2023 06:19am

Justice Safdar retires

LAHORE: Justice Safdar Saleem Shahid of the Lahore High Court on Monday retired from his office after serving the...

Published 01 Aug, 2023 06:19am

Real estate, construction: Demand to appoint advisor to PM in caretaker setup

ISLAMABAD: The government needs to create a special position of ‘Advisor to the Prime Minister on Real Estate and...

Published 01 Aug, 2023 06:19am

Rates

Heavyweights lead rally

KARACHI: Pakistan Stock Exchange on Monday witnessed a bullish trend and closed on strong positive note with healthy...

Published 01 Aug, 2023 06:19am

PARTLY FACETIOUS: Dar lies or dark lies?

“Why the scepticism?” “I take strong exception to anyone who underrates my intelligence.” “Who did?”...

Published 01 Aug, 2023 06:19am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 166,641 tonnes of cargo comprising 108,060 tonnes of import cargo and 58,581...

Published 01 Aug, 2023 06:19am

Stocks

FTSE 100 ends marginally higher

LONDON: British stocks edged higher on Monday as firmer commodity prices supported the energy and mining sectors, ...

Published 01 Aug, 2023 06:19am

Stocks

European stocks rise on cooling inflation

PARIS: European shares ended higher on Monday, helped by gains in healthcare stocks and a report showing euro zone...

Published 01 Aug, 2023 06:19am

Stocks

China, HK shares extend gains

HONG KONG: Hong Kong and China stocks extended gains on Monday to close their best month since January, as a slew of...

Published 01 Aug, 2023 06:19am

Stocks

Wall St inches up, eyes monthly gain on US soft landing hopes

NEW YORK: Wall Street rose on Monday with key benchmarks set to end July higher on upbeat company earnings and hopes...

Published 01 Aug, 2023 06:19am

IMF’s SBF

The IMF Stand-By Facility (SBF) of $3 billion has been in operation for two weeks now. Already, there is a big...

Published 01 Aug, 2023 06:19am

Letters

Country needs stability at all costs

It was China some time ago that said it is opposed to a G20 tourism meeting in the disputed Himalayan territory of...

Published 01 Aug, 2023 06:19am

Rates

LME official prices

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

Published 01 Aug, 2023 06:19am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 31, 2023)....

Published 01 Aug, 2023 06:19am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (July 31, 2023)....

Published 01 Aug, 2023 06:19am

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 01 Aug, 2023 06:19am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (July 31, 2023)....

Published 01 Aug, 2023 06:19am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 01 Aug, 2023 06:19am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (July 31, 2023). ==================================== BR...

Published 01 Aug, 2023 06:19am

Rates

BOARD MEETINGS

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

Published 01 Aug, 2023 06:19am

Stocks

Last date of renunciation/payment

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

Published 01 Aug, 2023 06:19am

Rates

Proposed right issues

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

Published 01 Aug, 2023 06:19am

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 01 Aug, 2023 06:19am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Monday (July 31, 2023). ======================== OFFER PRICE...

Published 01 Aug, 2023 06:19am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Monday (July 31, 2023). ======================== OFFER PRICE...

Published 01 Aug, 2023 06:19am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Monday (July 31, 2023). ======================== OFFER PRICE 1,571.0507...

Published 01 Aug, 2023 06:19am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Monday (July 31, 2023). ======================== OFFER PRICE 1,120.1150...

Published 01 Aug, 2023 06:19am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Monday (July 31, 2023). ======================== OFFER PRICE 1,606.1424 BID...

Published 01 Aug, 2023 06:19am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Monday (July 31, 2023). ======================== OFFER PRICE...

Published 01 Aug, 2023 06:19am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Monday (July 31, 2023). ======================== OFFER PRICE 1,792.4739...

Published 01 Aug, 2023 06:19am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Monday (July 31, 2023). ======================== OFFER PRICE 545.4247...

Published 01 Aug, 2023 06:19am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Monday (July 31, 2023). ======================== OFFER PRICE 469.4623...

Published 01 Aug, 2023 06:19am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Monday (July 31, 2023). ======================== OFFER PRICE 2,455.6916...

Published 01 Aug, 2023 06:19am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (July 31, 2023). ========================== KIBOR...

Published 01 Aug, 2023 06:19am

Energy

Mining sector: new regulatory regime anytime soon

ISLAMABAD: State Minister for Petroleum Dr Musadik Malik said on Monday the government will soon introduce a new...

Published 01 Aug, 2023 06:19am

Energy

OGDCL records substantial production increase in July

KARACHI: While successfully implementing cutting-edge technologies and industry’s best practices, the Oil and Gas...

Published 01 Aug, 2023 06:19am

Cotton & Textile

Cotton crop: PAD to impart technical guidance to farmers

LAHORE: Secretary Agriculture, Punjab Iftikhar Ali Sahoo has asked the field formations to ensure the technical...

Published 01 Aug, 2023 06:19am

Grains

Russian wheat export prices stable last week after spiking due to grain deal exit

MOSCOW: Export prices for Russian wheat maintained levels last week after spiking a week earlier due to Russia’s...

Published 01 Aug, 2023 06:19am

Grains

Asia rice: Thai, Vietnamese prices hit over decade highs on India curbs

Prices of rice exported from Vietnam and Thailand soared to their highest in more than a decade this week, as...

Published 01 Aug, 2023 06:19am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 20.762 ...

Published 01 Aug, 2023 06:19am

Commodities

Brazil’s second corn harvest

SAO PAULO: Brazilian farmers had harvested 55% of the area planted for their second corn crop in the center-south...

Published 01 Aug, 2023 06:19am

Commodities

Asia coffee: Vietnam trade muted on empty supply

HANOI: Trading activity in Vietnam’s coffee market continued on a subdued note on empty stockpile, while prices in...

Published 01 Aug, 2023 06:19am

Commodities

Iron ore higher on fresh China support

SINGAPORE: Iron ore futures edged up on Monday after Chinese authorities announced measures to increase consumption,...

Published 01 Aug, 2023 06:19am

Energy

Asia’s LNG demand ticks higher, but Europe’s slips, leaving prices muted

LAUNCESTON, (Australia): Asia’s demand for liquefied natural gas (LNG) ticked up to the most in six months in July...

Published 01 Aug, 2023 06:19am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday (July 31, 2023)...

Published 01 Aug, 2023 06:19am

Cotton & Textile

Volume of business slow due to rains in cotton areas

LAHORE: The local cotton market on Monday remained steady and the trading volume remained low due to rains in the...

Published 01 Aug, 2023 06:19am

Commodities

Copper climbs to one-month high

LONDON: Copper prices climbed to their highest in more than a month on Monday, spurred by hopes of further stimulus...

Published 01 Aug, 2023 06:19am

Energy

Oil prices edge up, eye strong monthly gains

BENGALURU: Oil prices were set to post their biggest monthly gains in more than a year on Monday, on expectations...

Published 01 Aug, 2023 06:19am

Commodities

Gold set for best month in four as rate-hike cycle nears end

NEW YORK: Gold prices rose on Monday, putting them on track for their best month in four as an overall weaker dollar...

Published 01 Aug, 2023 06:19am

Commodities

Palm oil closed down 3pc on stronger ringgit

JAKARTA: Malaysian palm oil futures closed down 3.02% on Monday, following a stronger ringgit and weaker rival oils,...

Published 01 Aug, 2023 06:19am

Commodities

USDA June soybean crush seen at 175.5m bushels

CHICAGO: US soy processors likely crushed 5.265 million short tons of soybeans, or 175.5 million bushels, in June,...

Published 01 Aug, 2023 06:19am

Energy

Gas supply in QAB Park, BIE: OGRA issues license to PIEDMC

LAHORE: Punjab Industrial Estates Development and Management Company’s efforts to deliver amenities to the...

Published 01 Aug, 2023 06:19am

Energy

Ogra hikes LPG price

ISLAMABAD: The price of liquefied petroleum gas (LPG) has been increased by Rs23.87 per kg with effect from August ...

Published 01 Aug, 2023 06:19am

Commodities

Gold prices down

KARACHI: Gold prices on Monday slumped, but silver grew on the local market, traders said. Gold lost value by ...

Published 01 Aug, 2023 06:19am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (July 31, 2023)...

Published 01 Aug, 2023 06:19am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (July 31, 2023). ======================================= Offset ...

Published 01 Aug, 2023 06:19am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (July 31, 2023). ======================== Open Bid Rs...

Published 01 Aug, 2023 06:19am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (July 31, 2023)....

Published 01 Aug, 2023 06:19am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (July 31,...

Published 01 Aug, 2023 06:19am

‘New model’ to characterize 2nd CPEC phase

PM praises role of President Xi

Updated 01 Aug, 2023 10:03am

CPEC plays vital role in addressing power outages: PM

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 5	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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