News Archives for Print - 2023-08-30

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Print - 2023-08-30

The Weather

KARACHI: The weather report on Tuesday (August 29, 2023) and the forecast for Wednesday (August 30, 2023)...

Published 30 Aug, 2023 03:33am

Senate body to file ‘breach of privilege’ complaint against DG FIA

ISLAMABAD: A meeting of the Senate Standing Committee on Aviation, on Tuesday, decided to file a “Breach of...

Published 30 Aug, 2023 03:33am

Hot, humid weather likely today

KARACHI: The Met Office on Tuesday forecast hot and humid weather for the country’s plains in the next 24 hours....

Published 30 Aug, 2023 03:33am

Need stressed for a viable flood management plan

ISLAMABAD: Caretaker Federal Minister for Water Resources Ahmad Irfan Aslam, Tuesday, while stressing the need for a...

Published 30 Aug, 2023 03:33am

Auction for 5G Spectrum to be held within next 10 months

ISLAMABAD: Auction of 5G Spectrum will be held within the next 10 months, while hurdles in the process relating...

Published 30 Aug, 2023 03:33am

Sutlej River dykes: Bilawal says concerned at reports of breaches

KARACHI: Chairman of Pakistan People’s Party (PPP) Bilawal Bhutto Zardari Tuesday expressed deep concerns over...

Published 30 Aug, 2023 03:33am

Pervaiz Elahi’s physical remand extended

LAHORE: An accountability court on Tuesday extended physical remand of PTI President and former Chief Minister ...

Published 30 Aug, 2023 03:33am

Vaccine manufacturing: Activists seek an end to ‘monopoly’ of pharma cos

LAHORE: Activists belonging to a civil society organisation made a human chain here on Tuesday to seek an end to the...

Published 30 Aug, 2023 03:33am

PTI says supports protests against rising inflation, ‘inflated’ power bills

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Tuesday announced its full support to the nationwide protest against ...

Published 30 Aug, 2023 03:33am

Police granted three-day physical remand of Imaan

ISLAMABAD: The Anti-Terrorism Court (ATC), on Tuesday, granted police three-day physical remand of human rights...

Published 30 Aug, 2023 03:33am

Toshakhana case: Bushra Bibi granted bail till Sept 12

ISLAMABAD: The Accountability Court, on Tuesday, granted pre-arrest bail to Pakistan Tehreek-e-Insaf (PTI) Chairman...

Published 30 Aug, 2023 03:33am

CJP urged to form full court to hear plea against accountability law amendments

ISLAMABAD: Justice Syed Mansoor Ali Shah again requested the Chief Justice of Pakistan to constitute a Full Court ...

Published 30 Aug, 2023 03:33am

JI to step up anti-inflation campaign

KARACHI: Jamaat-e-Islami on Tuesday announced to speed up its anti-inflation drive to force the caretaker rule to...

Published 30 Aug, 2023 03:33am

‘Anti-dengue measures not possible without public support’

LAHORE: The situation of people affected by dengue remained under control; however, precautions are still required ...

Published 30 Aug, 2023 03:33am

Four uncapped women cricketers earn central contract

LAHORE: The uncapped trio of Anoosha Nasir, Eyman Fatima and Shawaal Zulfiqar are among the four players, who are...

Published 30 Aug, 2023 03:33am

LCCI Progressive Group urges govt to promote industry-academia

LAHORE: The Progressive Group has called upon the caretaker federal government to promote industry-academia linkage,...

Published 30 Aug, 2023 03:33am

LDA recovers 10 encroached plots

LAHORE: In an operation against encroachment and land mafia in Johar Town, the Lahore Development Authority (LDA)...

Published 30 Aug, 2023 03:33am

LHC moved against taxes on electricity bills

LAHORE: A citizen Sheikh Latif on Tuesday approached the Lahore High Court (LHC) seeking a direction to the federal...

Published 30 Aug, 2023 03:33am

Minister reviews progress in education sector, health projects, sustainable development

ISLAMABAD: Federal Minister for Planning and Development Muhammad Sami Saeed held a meeting to review the progress...

Published 30 Aug, 2023 03:33am

PPP Punjab General Secy meets US envoy

LAHORE: General Secretary Pakistan Peoples Party Punjab Hassan Murtaza on Tuesday called on Chief of Political and...

Published 30 Aug, 2023 03:33am

Cypher case: Umar’s interim bail extended till Sept 14

ISLAMABAD: A special court, on Tuesday, extended interim bail of former federal minister Asad Umar in the cypher ...

Published 30 Aug, 2023 03:33am

UN establishes provincial office of FAO at SAU premises

HYDERABAD: The United Nations has established a provincial office of FAO at the premises of Sindh Agriculture...

Published 30 Aug, 2023 03:33am

Web Excels inks accord with LPC

LAHORE: Web Excels, a leading information technology company, and the Lahore Press Club (LPC) signed an agreement on...

Published 30 Aug, 2023 03:33am

Asia Cricket Cup starts today

LAHORE: The Asia Cricket Cup-2023 is commencing simultaneously in Pakistan and Sri Lanka under the aegis of the ...

Published 30 Aug, 2023 03:33am

SC terms Practice, Procedure Act ‘attack on judiciary’s freedom’

ISLAMABAD: Terming the Practice and Procedure Act against the constitution and an attack on freedom of judiciary,...

Published 30 Aug, 2023 03:33am

PBC nominates Akhtar Hussain as JCP member for third time

ISLAMABAD: The Pakistan Bar Council (PBC), unanimously, nominated senior advocate Supreme Court Akhtar Hussain for...

Published 30 Aug, 2023 03:33am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (August 29, 2023). ========================== KIBOR...

Published 30 Aug, 2023 03:33am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (August 29, 2023). ========================...

Published 30 Aug, 2023 03:33am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (August 29, 2023). ========================...

Published 30 Aug, 2023 03:33am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Tuesday (August 29, 2023). ======================== Offer Price 1,381.6815 Bid...

Published 30 Aug, 2023 03:33am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (August 29, 2023). ======================== Offer Price...

Published 30 Aug, 2023 03:33am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Tuesday (August 29, 2023). ======================== Offer Price...

Published 30 Aug, 2023 03:33am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (August 29, 2023). ======================== Offer ...

Published 30 Aug, 2023 03:33am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Tuesday (August 29, 2023). ======================== Offer Price...

Published 30 Aug, 2023 03:33am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Tuesday (August 29, 2023). ======================== Offer Price...

Published 30 Aug, 2023 03:33am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (August 29, 2023). ======================== OFFER PRICE...

Published 30 Aug, 2023 03:33am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (August 29, 2023). ======================== OFFER PRICE...

Published 30 Aug, 2023 03:33am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (August 29, 2023). ======================== OFFER PRICE...

Published 30 Aug, 2023 03:33am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (August 29, 2023). ======================== OFFER PRICE...

Published 30 Aug, 2023 03:33am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (August 29, 2023). ======================== OFFER PRICE...

Published 30 Aug, 2023 03:33am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (August 29, 2023). ======================== OFFER PRICE 1,627.1271...

Published 30 Aug, 2023 03:33am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Tuesday (August 29, 2023). ======================== OFFER PRICE...

Published 30 Aug, 2023 03:33am

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 30 Aug, 2023 03:33am

Stocks

Last date of renunciation/payment

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

Published 30 Aug, 2023 03:33am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 30 Aug, 2023 03:33am

Letters

A culture of theft!

According to a Business Recorder news report, “a meeting of the Senate Standing Committee on Finance has sought ...

Published 30 Aug, 2023 03:33am

Stocks

Wall St gains as weak job openings data fuels hopes of rate-hike pause

NEW YORK: Wall Street’s main indexes rose on Tuesday, lifted by growth stocks such as Tesla and Alphabet after a...

Published 30 Aug, 2023 03:33am

Stocks

European shares close two-week high

PARIS: European shares closed at a two-week high on Tuesday, led by miners on strength in metal prices and the...

Published 30 Aug, 2023 03:33am

Stocks

China stocks extend gains after policy support

SHANGHAI: China shares closed higher on Tuesday, extending gains from the previous session after Beijing introduced ...

Published 30 Aug, 2023 03:33am

PARTLY FACETIOUS: A technocrat should not issue directives?

“Why are you laughing?” “The caretaker finance minister did what our finance ministers have done since...

Published 30 Aug, 2023 03:33am

Power sector woes

Improving decision-making processes is crucial for establishing a fair and sustainable electricity sector. In...

Published 30 Aug, 2023 03:33am

Doing away with GST on electricity?

It is already happening what was expected. People have come out against rising electricity bills. Protests may...

Published 30 Aug, 2023 03:33am

Ex-cricketer Latif on trial in Dutch MP threat case

AMSTERDAM: Prosecutors on Wednesday told judges they were seeking a 12-year sentence for a Pakistani man who was...

Published 30 Aug, 2023 03:33am

Social media drive against IHC CJ: JIT formed to ascertain facts

ISLAMABAD: Ministry of Interior on Tuesday formed a Joint Investigation Team (JIT) to ascertain the facts behind a...

Published 30 Aug, 2023 03:33am

Forex

Open market rates of foreign currencies

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

Published 30 Aug, 2023 03:33am

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 30 Aug, 2023 03:33am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (August 29, 2023). ======================== OFFER PRICE...

Published 30 Aug, 2023 03:33am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (August 29, 2023). ======================== OFFER PRICE...

Published 30 Aug, 2023 03:33am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (August 29, 2023). ======================== OFFER PRICE...

Published 30 Aug, 2023 03:33am

Rates

Proposed right issues

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

Published 30 Aug, 2023 03:33am

Rates

Dividend/Bonus Announcements

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

Published 30 Aug, 2023 03:33am

Rates

BOARD MEETINGS

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

Published 30 Aug, 2023 03:33am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (August 29, 2023). ==================================== BR...

Published 30 Aug, 2023 03:33am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (August 29, 2023)....

Published 30 Aug, 2023 03:33am

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 30 Aug, 2023 03:33am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Tuesday (August 29, 2023)....

Published 30 Aug, 2023 03:33am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (August 29, 2023)....

Published 30 Aug, 2023 03:33am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (August 29, 2023). ======================== Open Bid ...

Published 30 Aug, 2023 03:33am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 29, 2023)....

Published 30 Aug, 2023 03:33am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (August 29, 2023). ======================================= Offset...

Published 30 Aug, 2023 03:33am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (August 29, 2023)...

Published 30 Aug, 2023 03:33am

Rates

LME official prices

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

Published 30 Aug, 2023 03:33am

Commodities

Philippines ramps up efforts to curb rice inflation

MANILA: Philippine President Ferdinand Marcos on Tuesday ordered authorities to double efforts to hunt down rice...

Published 30 Aug, 2023 03:33am

Energy

OGDCL organises workshop on energy

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) on Tuesday hosted a dynamic workshop on energy in...

Published 30 Aug, 2023 03:33am

Commodities

Malaysian palm oil ends higher on softer ringgit

SINGAPORE: Malaysian palm oil futures recovered on Tuesday, helped by a weaker ringgit, although imminent oversupply...

Published 30 Aug, 2023 03:33am

Commodities

Gold hits three-week peak after US jobs data

NEW YORK: Gold climbed to a three-week peak on Tuesday as the dollar and Treasury yields slipped after weaker labour...

Published 30 Aug, 2023 03:33am

Energy

Oil rises as Hurricane Idalia threatens to hit tight supplies

BENGALURU: Oil prices edged higher on Tuesday as Hurricane Idalia intensified as it headed towards Florida’s Gulf...

Published 30 Aug, 2023 03:33am

Commodities

Copper gains after China’s move to support housing market

LONDON: Copper prices rose on Tuesday as the dollar weakened and funds cut bets on lower prices after top consumer...

Published 30 Aug, 2023 03:33am

Cotton & Textile

Cotton spot rate picks up by Rs300 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Tuesday increased the spot rate by Rs 300...

Published 30 Aug, 2023 03:33am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday (August 29, 2023)...

Published 30 Aug, 2023 03:33am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 88,288 tonnes of cargo comprising 43,388 tonnes of import cargo and 44,900...

Published 30 Aug, 2023 03:33am

Commodities

Dalian iron ore falls on thin steel margins

BEIJING: Dalian iron ore futures extended declines on Tuesday, as traders remained cautious on shrinking steel...

Published 30 Aug, 2023 03:33am

Commodities

Indian rice shipments of 500,000 tons postponed after new duty

MUMBAI: India’s move to impose a 20% duty on exports of parboiled rice has prompted buyers and sellers to postpone...

Published 30 Aug, 2023 03:33am

Rates

Stocks in deep red with heavy losses

KARACHI: Bearish trend continued on Pakistan Stock Exchange on Tuesday as selling pressure forced the market to ...

Published 30 Aug, 2023 03:33am

Money & Banking

Half-year ended June 30, 2023: NBP’s PBT soars 41pc to Rs 47.7bn YoY

KARACHI: The financial results of National Bank of Pakistan (NBP) for the half-year ended June 30, 2023 were ...

Published 30 Aug, 2023 03:33am

Money & Banking

Dollar drops, yen briefly hits 10-month low

NEW YORK: The US dollar fell on Tuesday, reversing earlier gains, after data showed that US job openings fell in...

Published 30 Aug, 2023 03:33am

Commodities

PMEX daily trading report

KARACHI: On Monday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 17.059 ...

Published 30 Aug, 2023 03:33am

Commodities

Japanese rubber futures retreat on weak Shanghai market

SINGAPORE: Japanese rubber futures snapped a 10-session winning streak on Tuesday, tracking weakness in the Shanghai...

Published 30 Aug, 2023 03:33am

Commodities

Carrefour Pakistan signs pact with foodpanda

LAHORE: Carrefour, owned and operated by Majid Al Futtaim in Pakistan, has signed a partnership agreement with the...

Published 30 Aug, 2023 03:33am

PTCL informs PSX it’s making sizable investment in telecom sector

ISLAMABAD: Pakistan Telecommunication Company Limited has shown its interest in making a sizable investment in the...

Published 30 Aug, 2023 03:33am

Taxes

FTO recommends a taxpayer-friendly automated system

ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly recommended that the Federal Board of Revenue (FBR) should...

Published 30 Aug, 2023 03:33am

Commodities

Gold recovers slightly

KARACHI: Gold on Tuesday regained a little ground on the local market, but silver was unmoved, traders said. Gold...

Published 30 Aug, 2023 03:33am

SBP suspends Money Link Exchange Co’s authorisation

Money & Banking

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 1	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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