News Archives for Print - 2023-08-22

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Print - 2023-08-22

Duty drawback schemes: Sept 30 final date for resubmission of claims

KARACHI: Following the directives of the Ministry of Commerce, final date for resubmission of claims under duty...

Published 22 Aug, 2023 06:42am

Rs70bn invested in telecom infrastructure & digital connectivity in last 3 years: Amin

KARACHI: Former federal minister for IT and Telecommunication, Syed Aminul Haq, has said that the ministry invested...

Published 22 Aug, 2023 06:39am

Money & Banking

Mashreq says will commence banking operations soon

KARACHI: Mashreq, one of the leading financial institutions in the MENA region, has announced the successful...

Published 22 Aug, 2023 06:37am

South Asia

India must end inhumane detention of activist: UN rights expert

GENEVA: A United Nations rights expert on Monday slammed India’s years-long detention of a rights activist with...

Published 22 Aug, 2023 06:35am

The Weather

KARACHI: The weather report on Monday (August 21, 2023) and the forecast for Tuesday (August 22, 2023)...

Published 22 Aug, 2023 06:03am

Police granted three-day physical remand of Ali Wazir, Imaan Mazari

ISLAMABAD: The Anti-Terrorism Court (ATC), on Monday, handed over former parliamentarian Ali Wazir and human rights...

Published 22 Aug, 2023 06:03am

SCBA assails arrest of Imaan Mazari

ISLAMABAD: The Supreme Court Bar Association (SCBA) has condemned the arrest of Imaan Mazari, a lawyer and renowned...

Published 22 Aug, 2023 06:03am

Historic drought, hot seas slow Panama Canal shipping

LOS ANGELES/HOUSTON: Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial ...

Published 22 Aug, 2023 06:03am

Final phase of preparations for cricket season begins today

LAHORE: The final phase of Pakistan’s preparations for the mighty cricket season begins today, as Babar Azam’s...

Published 22 Aug, 2023 06:03am

South Asia

News portal vacates office in IIOJK after India crackdown

NEW DELHI: A news portal in Illegally Indian-Occupied Jammu and Kashmir (IIOJK) was forced to dismantle and vacate...

Published 22 Aug, 2023 06:03am

AI likely to augment rather than destroy jobs: UN study

GENEVA: Artificial Intelligence is more likely to augment jobs than to destroy them, a UN study indicated on Monday,...

Published 22 Aug, 2023 06:03am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (August 21, 2023). ========================== KIBOR...

Published 22 Aug, 2023 06:03am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Monday (August 21, 2023). ========================...

Published 22 Aug, 2023 06:03am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Monday (August 21, 2023). ========================...

Published 22 Aug, 2023 06:03am

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 22 Aug, 2023 06:03am

Stocks

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

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

Published 22 Aug, 2023 06:03am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 22 Aug, 2023 06:03am

Rights protection: Registrar raises objection, returns IK’s petition

ISLAMABAD: The Registrar Supreme Court, on Monday, raised objections and returned former prime minister Imran...

Published 22 Aug, 2023 06:03am

Pakistan vows to combat challenge of terrorism thru national commitment

ISLAMABAD: On the occasion of the International Day of Remembrance and Tribute to the Victims of Terrorism, Pakistan...

Published 22 Aug, 2023 06:03am

Letters

The truth, but not the whole truth

That the President of Pakistan Dr Arif Alvi has caused a serious controversy by claiming that the two bills that...

Updated 22 Aug, 2023 07:00am

Descent into madness, barbarism

The events of August 16, 2023 in Jaranwala have evoked an unusual chorus in harmony of condemnation. And so they...

Updated 22 Aug, 2023 08:48pm

Rising unemployment and falling real wages

The devastation caused by the floods and the resulting supply shortages, along with severe import restrictions, has...

Updated 22 Aug, 2023 06:53am

Stocks

Wall St mixed as investors await Nvidia earnings

NEW YORK: Wall Street’s main indexes were mixed on Monday with the Nasdaq boosted by gains in Nvidia ahead of its...

Published 22 Aug, 2023 06:03am

Stocks

Indian shares gain

BENGALURU: Indian shares rose on Monday, as a rebound in IT and financial stocks outweighed the slide in Reliance...

Published 22 Aug, 2023 06:03am

Stocks

Most Gulf markets fall as China’s rate cut disappoints

DUBAI: - Most stock markets in the Gulf ended lower on Monday, as the latest stimulus measures from China...

Published 22 Aug, 2023 06:03am

Stocks

European stocks higher

PARIS: European stocks edged higher on Monday after a rout last week while government bond yields renewed their rise...

Published 22 Aug, 2023 06:03am

Stocks

China’s stocks, yuan fall as Beijing’s support fails to impress

SHANGHAI/HONG KONG: Chinese stocks hit nine-month lows and the yuan tumbled on Monday, as efforts by authorities to...

Published 22 Aug, 2023 06:03am

Punjab govt, AFD to help enhance efficiency of WASA

LAHORE: The Punjab government has decided to collaborate with the French Development Agency (AFD) to enhance the...

Published 22 Aug, 2023 06:03am

PFA disposes of 18,800 litres of spurious drinks

LAHORE: The Punjab Food Authority (PFA) on Monday unearthed a fake beverage manufacturing unit producing carbonated...

Published 22 Aug, 2023 06:03am

Plea filed against Official Secrets (Amendment) Act 2023

LAHORE: A bar member Muhammad Muqsit Saleem has approached the Lahore High Court against the Official Secrets...

Published 22 Aug, 2023 06:03am

Sindh govt decides to take firm action against dacoits, other criminals

KARACHI: Caretaker Sindh Chief Minister former Justice Maqbool Baqar presiding over an introductory meeting of his...

Published 22 Aug, 2023 06:03am

Challenges of SDGs: Sindh HEC, UNDP, IoBM hold workshop

KARACHI: Policymakers and authority figures from diverse fields deliberated upon the steps to achieve sustainable...

Published 22 Aug, 2023 06:03am

PARTLY FACETIOUS: Plan A or Plan D?

“What is the most controversial word today in the Land of the Pure?” “A guess: where in this country will the...

Published 22 Aug, 2023 06:03am

KATI, Rotary collaborate on social welfare projects

KARACHI: The Korangi Association of Trade and Industry (KATI) have taken a significant step towards enhancing...

Published 22 Aug, 2023 06:03am

Conrad Robert assumes responsibility as US CG

KARACHI: Conrad Robert Tribble assumed responsibility as the Consul General of US Consulate General Karachi on ...

Published 22 Aug, 2023 06:03am

Fahd Haroon praises Bilawal’s role as FM

KARACHI: Chairman of the Pakistan Peoples Party (PPP), Bilawal Bhutto Zardari, held meetings with political leaders...

Published 22 Aug, 2023 06:03am

PDP chief assails mayor for ‘poor’ performance

KARACHI: Though Karachi has already elected mayor, it has not changed anything on ground as open gutters and ...

Published 22 Aug, 2023 06:03am

More rains expected in upcountry

KARACHI: A new monsoonal weather system from the Arabian Sea is expected to produce rains and winds for about five...

Published 22 Aug, 2023 06:03am

IHC to resume hearing of IK’s plea against conviction in Toshakhana case today

ISLAMABAD: The Islamabad High Court (IHC) will resume hearing of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran...

Published 22 Aug, 2023 06:03am

Steps taken to provide ‘best facilities’ to tourists: GHA chief

KARACHI: Chairman Gorakh Hills Authority and former MNA Sardar Rafiq Ahmad Jamali has said that important steps have...

Published 22 Aug, 2023 06:03am

Balochistan caretaker cabinet takes oath

QUETTA: Balochistan Governor Abdul Wali Kakar administered the oath to five members of newly appointed caretaker...

Published 22 Aug, 2023 06:03am

PM reaches out to members of Christian community in Jaranwala

LAHORE: Expressing solidarity with the victims of Christian community at Jaranwala, Prime Minister Anwaarul Haq ...

Published 22 Aug, 2023 06:03am

FIA granted 4-day physical remand of Qureshi

ISLAMABAD: A special court, on Monday, granted the Federal Investigation Agency (FIA) four-day physical remand of...

Published 22 Aug, 2023 06:03am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Monday (August 21, 2023). ======================== Offer Price 1,376.1079 Bid...

Published 22 Aug, 2023 06:03am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Monday (August 21, 2023). ======================== Offer Price ...

Published 22 Aug, 2023 06:03am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Monday (August 21, 2023). ======================== Offer Price...

Published 22 Aug, 2023 06:03am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Monday (August 21, 2023). ======================== Offer ...

Published 22 Aug, 2023 06:03am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Monday (August 21, 2023). ======================== Offer Price...

Published 22 Aug, 2023 06:03am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Monday (August 21, 2023). ======================== Offer Price...

Published 22 Aug, 2023 06:03am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Monday (August 21, 2023). ======================== OFFER PRICE...

Published 22 Aug, 2023 06:03am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Monday (August 21, 2023). ======================== OFFER PRICE...

Published 22 Aug, 2023 06:03am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Monday (August 21, 2023). ======================== OFFER PRICE...

Published 22 Aug, 2023 06:03am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Monday (August 21, 2023). ======================== OFFER PRICE...

Published 22 Aug, 2023 06:03am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Monday (August 21, 2023). ======================== OFFER PRICE...

Published 22 Aug, 2023 06:03am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Monday (August 21, 2023). ======================== OFFER PRICE 1,619.4666...

Published 22 Aug, 2023 06:03am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Monday (August 21, 2023). ======================== OFFER PRICE ...

Published 22 Aug, 2023 06:03am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Monday (August 21, 2023). ======================== OFFER PRICE...

Published 22 Aug, 2023 06:03am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Monday (August 21, 2023). ======================== OFFER PRICE...

Published 22 Aug, 2023 06:03am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Monday (August 21, 2023). ======================== OFFER PRICE...

Published 22 Aug, 2023 06:03am

Rates

Proposed right issues

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

Published 22 Aug, 2023 06:03am

Rates

Dividend/Bonus Announcements

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

Published 22 Aug, 2023 06:03am

Rates

BOARD MEETINGS

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

Published 22 Aug, 2023 06:03am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (August 21, 2023). ==================================== BR...

Published 22 Aug, 2023 06:03am

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 22 Aug, 2023 06:03am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (August 21, 2023)....

Published 22 Aug, 2023 06:03am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 21, 2023)....

Published 22 Aug, 2023 06:03am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (August 21, 2023). ======================================== Offset...

Published 22 Aug, 2023 06:03am

Rates

LME official prices

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

Published 22 Aug, 2023 06:03am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 185,675 tonnes of cargo comprising 126,294 tonnes of import cargo and 59,381...

Published 22 Aug, 2023 06:03am

Rates

PSX closes in deep red

KARACHI: Pakistan Stock Exchange on Monday remained under severe pressure and closed in deep red with heavy losses...

Published 22 Aug, 2023 06:03am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (August 21,...

Published 22 Aug, 2023 06:03am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (August 21, 2023)....

Published 22 Aug, 2023 06:03am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (August 21, 2023). ======================== Open Bid Rs...

Published 22 Aug, 2023 06:03am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (August 21, 2023)...

Published 22 Aug, 2023 06:03am

Commodities

Malaysian palm oil futures rebound

SINGAPORE: Malaysian palm oil futures ended at more than a three-week high on Monday, mirroring the strength in ...

Published 22 Aug, 2023 06:03am

Commodities

Gold hovers near 5-month low

NEW YORK: Gold prices hovered near a five-month low on Monday, as elevated bond yields pressured bullion, while...

Published 22 Aug, 2023 06:03am

Energy

Crude battles interest rates, demand uncertainty

HOUSTON: Crude oil fell into negative territory as it battled possible US interest rate increases and uncertainty...

Published 22 Aug, 2023 06:03am

Commodities

Copper climbs on news China state banks act to stabilise yuan

LONDON: Copper prices climbed on Monday after Reuters reported that China’s state banks acted to stabilise a...

Published 22 Aug, 2023 06:03am

Cotton & Textile

Cotton spot rate goes up amid persisting mills’ buying

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Monday increased the spot rate by Rs 100...

Published 22 Aug, 2023 06:03am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday (August 21, 2023)...

Published 22 Aug, 2023 06:03am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.009 ...

Published 22 Aug, 2023 06:03am

Grains

Crop Watch: Dryness clips soy potential as crops brace for heat

SIOUX FALLS, (South Dakota): The US Crop Watch corn and soybean fields last week endured one of their driest...

Published 22 Aug, 2023 06:03am

Commodities

Dalian iron ore extends gains on policy support, resilient demand

BEIJING: Dalian iron ore extended gains on Monday as traders were relieved that steel mills in China’s major...

Published 22 Aug, 2023 06:03am

Grains

Funds sell CBOT corn, soy and wheat as supply fears wane

NAPERVILLE, (Illinois: Speculators have ramped up their comfort with global corn supplies this month, though US crop...

Published 22 Aug, 2023 06:03am

Energy

Russia ships rare naphtha cargo via North Sea Route to China

MOSCOW: Russia is shipping a rare naphtha cargo via the North Sea Route (NSR) as Moscow seeks to increase supplies...

Published 22 Aug, 2023 06:03am

Commodities

Japan rubber futures track Shanghai higher to hit 3-week high

SINGAPORE Japanese rubber futures rose to their highest in three weeks on Monday, tracking strength in the Shanghai...

Published 22 Aug, 2023 06:03am

Energy

Over 18,000 KE consumers facilitated

KARACHI: More than 18,000 customers, including a large number of women, have visited facilitation camps organized by...

Published 22 Aug, 2023 06:03am

Experts for developing ‘Plant Breeders’ Forum’

Commodities

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 28	149.88
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Tokyo Nikkei / Mar 28	37,120.33
Nasdaq / Mar 28	17,322.99
Hang Seng / Mar 28	23,426.60
FTSE 100 / Mar 28	8,658.85
Dow Jones / Mar 28	41,583.90
Germany DAX 30 / Mar 28	22,461.52
France CAC40 / Mar 28	7,916.08

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Crude Oil USD/Barrel / Mar 28	69.10
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Gold Spot USD/Ounce / Mar 28	3,117.20
Cotton US¢/pound / Mar 28	66.90
Petrol/Litre / Mar 29	255.63
Diesel/Litre / Mar 29	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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