News Archives for Print - 2023-08-11

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Print - 2023-08-11

PCB chairman, regional presidents discuss new domestic structure

LAHORE: In a significant development for Pakistan cricket, the domestic regional presidents met Pakistan Cricket...

Published 11 Aug, 2023 05:17am

British Lyceum holds prize distribution event in KSA

LAHORE: British Lyceum Private Limited celebrated the annual Prize Distribution Ceremony in Jeddah, Saudi Arabia. ...

Published 11 Aug, 2023 05:17am

Ecuadoran presidential candidate shot dead after rally

QUITO: Ecuadoran presidential candidate Fernando Villavicencio was shot dead after holding a rally in Quito on...

Published 11 Aug, 2023 05:17am

At least 36 dead in Hawaii wildfires, tourists evacuated

KAHULUI (United States): Fast-moving wildfires have claimed at least 36 lives in the US tourist paradise of Hawaii,...

Published 11 Aug, 2023 05:17am

Taliban discuss easing banking transactions with Kazakhstan: minister

KABUL: A Taliban delegation discussed facilitating international financial transactions with private banks on a...

Published 11 Aug, 2023 05:17am

Women’s team head coach steps down

LAHORE: Mark Coles, the head coach of Pakistan women’s team has resigned due to personal reasons. He will not be...

Published 11 Aug, 2023 05:17am

PCB re-brands grade-II four-day event as Hanif Mohammad Trophy

LAHORE: In a tribute to one of the pioneers of the early era of Pakistan cricket, the Pakistan Cricket Board (PCB)...

Published 11 Aug, 2023 05:17am

Ghous Bux Mahar meets Zardari, Bilawal

ISLAMABAD: A noted politician of Sindh, Ghous Bux Khan Mahar called on the former president of Pakistan and ...

Published 11 Aug, 2023 05:17am

CDA conducts operations against illegal car showrooms

ISLAMABAD: The Capital Development Authority (CDA), on Thursday, conducted operations against illegal car showrooms...

Published 11 Aug, 2023 05:17am

ATC issues arrest warrants of 268 PTI workers

LAHORE: An Anti-terrorism Court on Thursday issued non-bailable arrest warrants of 268 PTI workers in Corps ...

Published 11 Aug, 2023 05:17am

AC rejects pre-arrest bail plea of IK, Bushra Bibi

ISLAMABAD: The Accountability Court on Thursday rejected the pre-arrest bail application of Pakistan Tehreek-e-Insaf...

Published 11 Aug, 2023 05:17am

World Minorities Day ‘Regressive policies being framed to appease violent forces’

LAHORE: Noted human rights activist on Thursday said that government should resolve the issues faced by the...

Published 11 Aug, 2023 05:17am

The Weather

KARACHI: The weather report on Thursday (August 10, 2023) and the forecast for Friday (August 11, 2023)...

Published 11 Aug, 2023 05:17am

SC Act, 2023: judgement today

ISLAMABAD: The apex court will announce its judgement on petitions against the Supreme Court (Review of Judgment and...

Published 11 Aug, 2023 05:17am

Pakistan floods’ death toll reaches 205: NDMA

ISLAMABAD: The death toll from devastating floods triggered by monsoon has reached 205 and injured 290 in Pakistan...

Published 11 Aug, 2023 05:17am

Canadian HC, Punjab Governor discuss trade, other matters

LAHORE: Canadian High Commissioner to Pakistan Leslie Scanlon met Governor Punjab Muhammad Balighur Rehman at...

Published 11 Aug, 2023 05:17am

FO refuses to confirm or reject veracity of alleged ‘leaked cipher’

ISLAMABAD: Pakistan’s Foreign Office has refused to comment on the veracity of the alleged leaked cipher sent to...

Published 11 Aug, 2023 05:17am

PTI says PDM govt has ruined economy

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Thursday termed the one-and-a-half-year tenure of Pakistan Democratic...

Published 11 Aug, 2023 05:17am

PARTLY FACETIOUS: There is Plan A, Plan B, Plan C, Plan D, maybe even up to Plan Z

“What is the difference between institutional thinking and political parties’ thinking?” “You are kidding me...

Updated 11 Aug, 2023 05:53am

Punjab govt releases Rs3bn for renovation of hospitals

LAHORE: In a bid to improve the condition of government hospitals in the province, the Punjab government on the...

Published 11 Aug, 2023 05:17am

Stocks

Wall St rises as July inflation data fuels Fed rate pause hopes

NEW YORK: Wall Street rose on Thursday after milder-than-feared July consumer prices data fueled hopes the Federal...

Published 11 Aug, 2023 05:17am

New AML/CFT Authority

The series of challenges faced by Pakistan has no end. Besides political and economic hurdles, Pakistan’s most...

Published 11 Aug, 2023 05:17am

A mission-oriented industrial policy

‘While it is generally true that mainstream economists have responded to industrial policy with knee-jerk ...

Published 11 Aug, 2023 05:17am

Letters

BJP-RSS combine trying to discover new heroes, bravehearts and icons

The BJP-RSS combine in India seems to have gone into overdrive ahead of the 2024 general elections in order to...

Published 11 Aug, 2023 05:17am

UN Climate Change Conference-2023: ‘Concerned’ world community to provide special financial aid to Pakistan: UAE envoy

KARACHI: The concerned world community assembling at the United Nations Climate Change Conference-2023 (COP28) to be...

Published 11 Aug, 2023 05:17am

Budget Rupee Account: FY2023-24 to FY2027-2028

In the earlier two articles the focus was on the foreign (external) currency account of Pakistan. In this article ...

Published 11 Aug, 2023 05:17am

Wapda holds seminar

LAHORE: Wapda organized a seminar on “Impact Evaluation of Climatic Changes on Water Resources” in collaboration...

Published 11 Aug, 2023 05:17am

UVAS holds dialogue on ‘Sustainable Food Security in Pakistan’

LAHORE: The University of Veterinary and Animal Sciences (UVAS) Lahore arranged a National Dialogue on ...

Published 11 Aug, 2023 05:17am

UHS approves new MPhil, PhD regulations and calendar

LAHORE: The 192nd meeting of the Advanced Studies and Research Board (ASRB) of the University of Health Sciences...

Published 11 Aug, 2023 05:17am

Punjab receives IT equipment, lab supplies from WHO

LAHORE: Punjab health authorities have received IT equipment, lab supplies and resource material from the World...

Published 11 Aug, 2023 05:17am

PU team discovers 2,000 years old artifacts from old Ravi bed of Jhelum

LAHORE: A team of Punjab University archaeologists has discovered 2,000 years old artifacts from the old Ravi bed of...

Published 11 Aug, 2023 05:17am

PML-N starts preparations for general elections

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) has started preparations for general elections and asked its...

Published 11 Aug, 2023 05:17am

Pakistan, China deliberate on developments in South Asia

ISLAMABAD: Senior officials of Pakistan and China have held deliberations on the developments in South Asia and the...

Published 11 Aug, 2023 05:17am

Sindh Assembly’s proceedings: Opposition assails rising crimes, incomplete uplift projects

KARACHI: Opposition lawmakers on Thursday rattled the Sindh Assembly with concerns over crimes by drugs addicts,...

Published 11 Aug, 2023 05:17am

Industry

‘No legislation passed in five years for welfare of people, traders’

KARACHI: Chairperson of Pakistan Business Forum (Sindh Region) Shabnam Zafar said that no legislation was passed in...

Published 11 Aug, 2023 05:17am

JI raises anomaly about CCI’s approved census results

KARACHI: Jamaat-e-Islami (JI) Karachi on Thursday raised an anomaly about the CCI’s approved census results that...

Published 11 Aug, 2023 05:17am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 11 Aug, 2023 05:17am

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 11 Aug, 2023 05:17am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Thursday (August 10, 2023). ======================== Offer ...

Published 11 Aug, 2023 05:17am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Thursday (August 10, 2023). ======================== Offer Price...

Published 11 Aug, 2023 05:17am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Thursday (August 10, 2023). ======================== Offer Price...

Published 11 Aug, 2023 05:17am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Thursday (August 10, 2023). ======================== Offer Price 1,368.5935 Bid...

Published 11 Aug, 2023 05:17am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Thursday (August 10, 2023). ========================...

Published 11 Aug, 2023 05:17am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Thursday (August 10, 2023). ========================...

Published 11 Aug, 2023 05:17am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (August 10, 2023). ========================== KIBOR...

Published 11 Aug, 2023 05:17am

Rates

Stocks fall in volatile trade

KARACHI: Pakistan Stock Exchange on Thursday witnessed a highly volatile session as the market started on strong...

Published 11 Aug, 2023 05:17am

Grains

Strategie Grains cuts EU wheat crop forecast

PARIS: Strategie Grains again reduced its monthly forecast for European Union wheat production, now seeing the crop...

Published 11 Aug, 2023 05:17am

Grains

Argentina gives upbeat 2023/24 soya, corn forecasts

BUENOS AIRES: Argentina’s Rosario grains exchange on Wednesday issued an upbeat forecast for the South American...

Published 11 Aug, 2023 05:17am

Grains

Asia rice: Supply woes propel export rates in top hubs to new

MUMBAI/HANOI/ BANGKOK/DHAKA: Prices of rice exported from Asian hubs extended their breakneck rally this week, as ...

Published 11 Aug, 2023 05:17am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 127,935 tonnes of cargo comprising 67,124 tonnes of import cargo and 60,811...

Published 11 Aug, 2023 05:17am

Rates

LME official prices

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

Published 11 Aug, 2023 05:17am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (August 10, 2023)...

Published 11 Aug, 2023 05:17am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (August 10, 2023). ======================================= Offset...

Published 11 Aug, 2023 05:17am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 10, 2023)....

Published 11 Aug, 2023 05:17am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (August 10, 2023)....

Published 11 Aug, 2023 05:17am

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 11 Aug, 2023 05:17am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Thursday (August 10, 2023)....

Published 11 Aug, 2023 05:17am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (August 10, 2023). ==================================== BR...

Published 11 Aug, 2023 05:17am

Rates

BOARD MEETINGS

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

Published 11 Aug, 2023 05:17am

Rates

Dividend/Bonus Announcements

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

Published 11 Aug, 2023 05:17am

Rates

Proposed right issues

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

Published 11 Aug, 2023 05:17am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (August 10, 2023). ======================== OFFER PRICE...

Published 11 Aug, 2023 05:17am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (August 10, 2023). ======================== OFFER PRICE...

Published 11 Aug, 2023 05:17am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (August 10, 2023). ======================== OFFER PRICE...

Published 11 Aug, 2023 05:17am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Thursday (August 10, 2023). ======================== OFFER PRICE...

Published 11 Aug, 2023 05:17am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (August 10, 2023). ======================== OFFER PRICE 1,612.3518...

Published 11 Aug, 2023 05:17am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (August 10, 2023). ======================== OFFER PRICE...

Published 11 Aug, 2023 05:17am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (August 10, 2023). ======================== OFFER PRICE...

Published 11 Aug, 2023 05:17am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (August 10, 2023). ======================== OFFER PRICE...

Published 11 Aug, 2023 05:17am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (August 10, 2023). ======================== OFFER PRICE...

Published 11 Aug, 2023 05:17am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (August 10, 2023). ======================== OFFER PRICE...

Published 11 Aug, 2023 05:17am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Thursday (August 10, 2023). ======================== Offer Price...

Published 11 Aug, 2023 05:17am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Thursday (August 10, 2023). ======================== Offer Price...

Published 11 Aug, 2023 05:17am

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 11 Aug, 2023 05:17am

Forex

Open market rates of foreign currencies

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

Published 11 Aug, 2023 05:17am

Caretaker PM: Talks between Shehbaz, Riaz remain inconclusive

Both leaders decide to meet again

Updated 11 Aug, 2023 09:57am

Shehbaz again rejects IK’s cipher narrative

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said that Imran Khan Niazi had ruined relations with the...

Updated 11 Aug, 2023 08:43am

US says wasn’t involved in any conspiracy against IK

WASHINGTON: The United States (US) was not involved in any conspiracy against the former Prime Minister of Pakistan...

Updated 11 Aug, 2023 09:26am

India raises concerns over oil market volatility with producer countries

NEW DELHI: India has flagged concerns over volatility in the global oil prices to major oil producers and...

Updated 11 Aug, 2023 08:43am

BTB registration: 210,437 unregistered persons respond to FBR notices

ISLAMABAD: As many as 210,437 unregistered persons responded to 216,601 notices of the Federal Board of Revenue...

Updated 11 Aug, 2023 09:30am

Oil benchmark Brent’s price structure reflects tighter market

LONDON: The structure of the global benchmark Brent crude futures market is at its most bullish since April,...

Updated 11 Aug, 2023 08:42am

GPP for KP project: Implementation progress rated as satisfactory by World Bank

ISLAMABAD: The World Bank has rated the overall implementation progress of the Governance and Policy Programme (GPP)...

Updated 11 Aug, 2023 09:27am

World food and agriculture expo inaugurated

KARACHI: The Trade Development Authority of Pakistan (TDAP) and the Ministry of Commerce & Textile have launched...

Updated 11 Aug, 2023 09:28am

Nepra informed about reduction in Fesco’s losses

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) was informed that the Faisalabad Electric Supply...

Updated 11 Aug, 2023 09:56am

BRACE report lists factors leading to greater poverty

ISLAMABAD: Rising inflation, particularly food inflation (highest in the history of Pakistan), increase in...

Updated 11 Aug, 2023 09:29am

Federal cabinet stands dissolved

ISLAMABAD: The Cabinet Division issued the notifications for the dissolution of the federal cabinet on Thursday....

Updated 11 Aug, 2023 09:55am

Energy

EnerTech Holding, KE discuss clean technology initiatives

KARACHI: “Pakistan’s energy landscape is rapidly changing, and clean energy is increasingly taking center stage....

Published 11 Aug, 2023 05:17am

Energy

Nepra issues show-cause notice to Lesco

LAHORE: The National Electric Power Regulatory Authority (Nepra) has issued a show-cause notice to Lahore Electric...

Published 11 Aug, 2023 05:17am

Commodities

Dalian iron ore rises on consumption resilience, demand concerns limit gains

BEIJING: Dalian iron ore futures rose for a second trading session on Thursday, helped by resilient demand after ...

Published 11 Aug, 2023 05:17am

Commodities

Brazil sugarcane crushing hits record

SAO PAULO: Sugarcane crushing and sugar production in Brazil’s centre-south jumped in the second half of July to...

Published 11 Aug, 2023 05:17am

Commodities

Japanese rubber futures flat as traders await fresh price cues

SINGAPORE: Japanese rubber futures were listless on Thursday on the absence of any further market-moving catalysts...

Published 11 Aug, 2023 05:17am

Cotton & Textile

Rising demand pushes spot rate up by Rs100 per maund

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

Published 11 Aug, 2023 05:17am

Commodities

Vietnam domestic coffee prices steady amid tepid trade

HANOI: Coffee trading was slow this week in Vietnam, with domestic prices staying flat against the previous week and...

Published 11 Aug, 2023 05:17am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 19.122...

Published 11 Aug, 2023 05:17am

Commodities

Palm oil falls, slower rise in stockpiles cap losses

KUALA LUMPUR: Malaysian palm oil futures closed lower on Thursday after a sharp rise in the previous session, but a...

Published 11 Aug, 2023 05:17am

Commodities

Gold gains after US inflation data

NEW YORK: Gold prices rose on Thursday after data showed US consumer prices increased moderately in July, cementing...

Published 11 Aug, 2023 05:17am

Energy

Commodities

Russia to export 55m tonnes of grain

MOSCOW: Russia’s agriculture minister Dmitry Patrushev on Thursday said that the country will export 55 million...

Published 11 Aug, 2023 05:17am

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
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
Cotton US¢/pound / Dec 18	68.50
Petrol/Litre / Dec 19	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%)
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%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
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%)

Stock	Price
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%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
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 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
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 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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