News Archives for Print - 2023-08-13

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Print - 2023-08-13

Pain, anger as Hawaii fire death toll climbs to 80

LAHAINA, (United States): The death toll from a horrific wildfire in Hawaii climbed to 80 as residents confronted ...

Published 13 Aug, 2023 02:55am

The Weather

KARACHI: The weather report on Saturday (August 12, 2023) and the forecast for Sunday (August 13, 2023)...

Published 13 Aug, 2023 02:55am

Murad highlights performance of Sindh govt

KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Saturday highlighted the five-year performance of his...

Published 13 Aug, 2023 02:55am

Syngenta launches tree-plantation drive

LAHORE: To commemorate the national independence day of Pakistan, Syngenta Pakistan Limited - a leading agriculture...

Published 13 Aug, 2023 02:55am

Judicial remand of Khadija, others extended

LAHORE: An anti-terrorism court on Saturday extended the judicial remand of PTI women workers Khadija Shah, a...

Published 13 Aug, 2023 02:55am

Police Martyrs’ Day

EDITORIAL: The nation paid a fitting tribute to the fallen of the police force on Police Martyrs’ Day on Friday,...

Published 13 Aug, 2023 02:55am

US to invest $1.2bn on facilities to pull carbon from air

WASHINGTON: The US government said Friday it will spend up to $1.2 billion for two pioneering facilities to vacuum...

Published 13 Aug, 2023 02:55am

South Asia

India’s Adani Ports says Deloitte auditor resignation arguments not convincing

NEW DELHI: India’s Adani Ports on Saturday said Deloitte’s reasoning to quit as auditor of the company was ...

Published 13 Aug, 2023 02:55am

Malaysians vote in six state elections seen as referendum on Anwar

KUALA LUMPUR: Malaysians in six states went to the polls Saturday to vote for state assembly members in elections...

Published 13 Aug, 2023 02:55am

Armenia calls for UN help on Nagorno-Karabakh

YEREVAN: Armenia on Saturday urged the UN Security Council to hold a crisis meeting on Nagorno-Karabakh, citing a...

Published 13 Aug, 2023 02:55am

Palestinians accept first Saudi ambassador

RAMALLAH, (West Bank): Palestinian officials welcomed a first Saudi Arabian ambassador on Saturday, they said, in a...

Published 13 Aug, 2023 02:55am

India receives record number of ITRs

ISLAMABAD: The total number of income tax returns (ITRs) filed in India for the assessment year (AY) 2023-24, filed...

Published 13 Aug, 2023 02:55am

Europe

Six die after migrant boat capsizes in Channel

LILLE, (France): Six people were killed when a boat carrying migrants heading to Britain sank in the Channel early...

Published 13 Aug, 2023 02:55am

Commodities

Soyabeans rise on demand hopes

SINGAPORE: Chicago soyabeans rose on Friday as expectations of higher demand for US cargoes underpinned prices,...

Published 13 Aug, 2023 02:55am

Commodities

Iron ore looks set to breach $100/mt support levels

SINGAPORE: Iron ore futures edged higher on Friday, helped by rising steel mill production in China, although...

Published 13 Aug, 2023 02:55am

Commodities

French wheat, barley harvesting remains slow

PARIS: French farmers made little progress harvesting wheat and barley last week as northern regions experienced ...

Published 13 Aug, 2023 02:55am

Energy

Hydel power generation by Wapda crosses 8,000MW mark

LAHORE: After the resumption of power generation from the 969 MW-Neelum Jhelum Hydropower Project a couple of days...

Published 13 Aug, 2023 02:55am

Energy

LESCO clarification

LAHORE: Apropos a news Item under the title ‘Company Secretary seeks 3rd extension amidst inquiries’, Lahore...

Published 13 Aug, 2023 02:55am

LHC suspends termination of Nabila Hakim

LAHORE: The Lahore High Court has suspended the termination of Nabila Hakim Khan the Ombudsperson Protection against...

Published 13 Aug, 2023 02:55am

Energy

Trader to launch protest drive against rising energy prices

KARACHI: Traders are going to start a “livelihood protection movement” against the soaring petrol and ...

Published 13 Aug, 2023 02:55am

Islamabad witnesses rise in street crimes

ISLAMABAD: The residents of the capital city are scared of mobile phone snatching gangs roaming freely in the city...

Published 13 Aug, 2023 02:55am

PepsiCo celebrates International Youth Day

ISLAMABAD: PepsiCo, one of the world’s leading companies for food and beverages, is commemorating International...

Published 13 Aug, 2023 02:55am

Transfer of IK to Adiala Jail: PTI core committee says concerned at ‘unnecessary’ delay

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) core committee here on Saturday expressed great disappointment over what ...

Published 13 Aug, 2023 02:55am

Letters

Wishing Kakar success

In his last op-ed for this newspaper, noted economist Dr. Hafiz A. Pasha concluded his argument on an interesting...

Published 13 Aug, 2023 02:55am

Remembering Dr Ruth Pfau-(II)

After her demise, the then President of Pakistan Mamnoon Hussain stated that “Dr. Pfau’s services to end leprosy...

Published 13 Aug, 2023 02:55am

PPP wants elections on time: Nisar Khuhro

KARACHI: Pakistan People’s Party (PPP) Sindh chapter’s President Senator Nisar Ahmed Khuhro has said that his...

Published 13 Aug, 2023 02:55am

Cafe exclusively run by differently-abled individuals opened

KARACHI: Karachi Vocational Training Centre (KVTC) and State Life Insurance Corporation of Pakistan (SLIC) have...

Published 13 Aug, 2023 02:55am

Malir expressway construction: SHC adjourns hearing till 23rd

KARACHI: An application, challenging the Sindh Environmental Tribunal ruling regarding the Malir Expressway, was...

Published 13 Aug, 2023 02:55am

Contract Act: LHC says ‘once an offer is accepted, a concluded contract comes into being’

LAHORE: The Lahore High Court (LHC) held that under the Contract Act once an offer is accepted, a concluded contract...

Published 13 Aug, 2023 02:55am

Bilawal terms youth guarantee of a better future

Says our young generation has the potential to lead in the field and on the front

Published 13 Aug, 2023 02:55am

President directs EOBI to apologize to retired security guard

President gives remarks while deciding upon a representation filed by EOBI against the decision of the Wafaqi Mohtasib

Published 13 Aug, 2023 02:55am

All set for Independence Day tomorrow

National flag will be hoisted at important public buildings, heritage sites, and monumental buildings across Pakistan

Published 13 Aug, 2023 02:55am

Energy

US natgas little changed as rising inventory offset cooling demand

NEW YORK: US natural gas futures were little changed on Friday, as rising inventory offset support from forecasts ...

Published 13 Aug, 2023 02:55am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (August 10, 2023)...

Published 13 Aug, 2023 02:55am

Cotton & Textile

Spot rate moves up amid slow business

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

Published 13 Aug, 2023 02:55am

Cotton & Textile

China sells cotton at auction

BEIJING: China sold 10,002.84 metric tons of cotton at a state reserves auction on Thursday at an average price of...

Published 13 Aug, 2023 02:55am

Commodities

Brazil’s 2023/24 coffee crop 41pc sold

SAO PAULO: Brazilian coffee farmers had sold 41% of their 2023/24 crop by early August, consultancy Safras &...

Published 13 Aug, 2023 02:55am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (August 12, 2023) ======================================== Offset...

Published 13 Aug, 2023 02:55am

Concerns voiced over rising cost of doing business

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 13 Aug, 2023 02:55am

Commodities

Vietnam has 7-8m tonnes of rice for exports

HANOI: Vietnam has 7-8 million metric tons of rice for exports this year, the country’s agriculture minister said...

Published 13 Aug, 2023 02:55am

Commodities

Gold falls slightly

KARACHI: Gold on Saturday lost a little value, but silver stood firm on the local market, traders said Gold prices...

Published 13 Aug, 2023 02:55am

Industry

UBG hails selection of Kakar as caretaker PM

KARACHI: United Business Group (UBG) expressed its contentment and support for the consensus decision to appoint...

Published 13 Aug, 2023 02:55am

Local pharma industry urged to establish own brands

KARACHI: Business leaders mainly from pharmaceutical industry have urged the local pharmaceutical industry to...

Published 13 Aug, 2023 02:55am

Better sense prevails, finally

EDITORIAL: Full marks to the Pakistani government for breaking the impasse and allowing its cricket team to...

Published 13 Aug, 2023 02:55am

Increase in prices of kitchen items witnessed

ISLAMABAD: The prices of essential kitchen items have witnessed an increasing trend during this week past against ...

Published 13 Aug, 2023 02:55am

Industry

LCCI’s Progressive Group for setting-up of national ‘MSME Development Council’

LAHORE: The Progressive Group in the Lahore Chamber of Commerce and Industry (LCCI) has stressed the need for ...

Published 13 Aug, 2023 02:55am

Industry

Malaysian trade delegation visits KCCI

KARACHI: An 18-member Malaysian delegation led by Chairman Pakistan Malaysia Business Council Datuk Seri Mohamed...

Published 13 Aug, 2023 02:55am

Commodities

Some Brazil coffee deliveries hindered as farmers file for bankruptcy

SAO PAULO: Some Brazilian farmers filing for bankruptcy protection have managed to include as debt in these...

Published 13 Aug, 2023 02:55am

Commodities

Indonesia imports 1.6m metric tons of rice

JAKARTA: Indonesia’s Bulog has imported 1.6 million metric tons of rice so far this year to replenish stocks as ...

Published 13 Aug, 2023 02:55am

Commodities

Europe’s wheat farmers get harvest window after rain woe

PARIS: A dry, warm spell from this week should let wheat growers in northern Europe step up harvesting after heavy...

Published 13 Aug, 2023 02:55am

Commodities

EU wheat eases further as market awaits US crop report

PARIS: European wheat futures extended a fall on Friday to a new low for the week as export competition from Black...

Published 13 Aug, 2023 02:55am

NTISB warns of cyber attacks on Independence Day

ISLAMABAD: Hostile elements may launch cyber attack on the occasion of Independence Day, i.e., 14th August, 2023 for...

Updated 13 Aug, 2023 09:56am

China Country Garden to suspend trading of onshore bonds from tomorrow

BEIJING: China’s Country Garden, the country’s top private property developer, will suspend trading of its 11...

Published 13 Aug, 2023 02:55am

Monetary policy decision, outlook projection: SBP provides rare insight into key factors

KARACHI: The State Bank of Pakistan (SBP), in its recent podcast, has given insights into the factors leading to the...

Updated 13 Aug, 2023 01:51pm

RDA inflows surpass $6.5bn mark

KARACHI: Total inflows under the Roshan Digital Accounts (RDA) surpassed the $6.5 billion mark, the State Bank of...

Updated 13 Aug, 2023 09:53am

SECP directs listed cos to e-file financial statements

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed the listed companies to...

Updated 13 Aug, 2023 09:54am

A ‘dark horse’ to become caretaker PM

Opposition leader Raja Riaz says the caretaker premier belongs to a smaller province and has a 'non-controversial' personality

Updated 13 Aug, 2023 09:47am

Shehbaz says has never denied links with establishment

ISLAMABAD: Prime Minister Shehbaz Sharif opened up on Saturday about his relationship with the establishment saying...

Updated 13 Aug, 2023 09:53am

Up to Rs24 hike in POL products’ prices likely

As international oil prices kept rising during the last 15 days, the government may raise rates by Rs14 per litre petrol and Rs24 per litre high speed diesel (HSD)

Updated 13 Aug, 2023 07:58pm

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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