News Archives for Print - 2023-09-05

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Print - 2023-09-05

China says premier will lead its G20 delegation, not president Xi

BEIJING: Premier Li Qiang will lead China’s delegation to the G20 summit in India this weekend, Beijing said...

Published 05 Sep, 2023 06:22am

Pope acknowledges his Russia comments were faulty

ABOARD THE PAPAL PLANE: Pope Francis acknowledged on Monday that his recent comments on Russia, seen by Ukraine as...

Published 05 Sep, 2023 06:22am

UAE establishes ‘gaming’ body in potential step towards casinos

DUBAI: The United Arab Emirates has set up a regulatory body for “commercial gaming” — a step which could...

Published 05 Sep, 2023 06:22am

BCCI delegation reaches Lahore: Talks under way about venues for Asia Cup matches

LAHORE: A four-member delegation of the Board of Control for Cricket in India (BCCI) reached here Monday to hold...

Published 05 Sep, 2023 06:22am

5G launch hamstrung by low handset and OFC penetration, other challenges

ISLAMABAD: Several challenges and impediments including low handset and optic fibre cable (OFC) penetration,...

Published 05 Sep, 2023 06:22am

Stocks

China stocks soar

SHANGHAI: China stocks jumped on Monday, logging their best day in more than a month, as authorities stepped up...

Published 05 Sep, 2023 06:22am

Stocks

US markets close

SINGAPORE: Most of the US markets were closed on Monday for the Labour Day holiday.

Published 05 Sep, 2023 06:22am

Shahdara flyovers will help resolve traffic issues in effective manner: CM

LAHORE: Caretaker Punjab Chief Minister Mohsin Naqvi has said that the Shahdara flyovers would permanently resolve...

Published 05 Sep, 2023 06:22am

Maid torture case: Bail plea of civil judge’s wife allowed

ISLAMABAD: A local court, on Monday, approved the post-arrest bail plea of Somia Asim, the wife of a civil judge in...

Published 05 Sep, 2023 06:22am

Free medical consultations: Zong 4G, Sehat Kahani join hands

KARACHI: Zong 4G, the leading telecom company in Pakistan and Sehat Kahani, a pioneering digital healthcare ...

Published 05 Sep, 2023 06:22am

Sutlej River’s floods: 544,829 people, 310,526 cattle evacuated

ISLAMABAD: As many as 544,829 people were evacuated and 310,526 cattle were transported to safer places owing to...

Published 05 Sep, 2023 06:22am

JI’s Karachi chapter to hold sit-ins outside KE HQ, Governor’s House

KARACHI: Jamaat-e-Islami (JI) Karachi is going to spur protest sit-ins and demonstrations at K-Electric headquarters...

Published 05 Sep, 2023 06:22am

Five hurt due to power outage at pumping station

KARACHI: Five injured due to sudden power breakdown at Dhabejee pumping station, according to the spokesperson of...

Published 05 Sep, 2023 06:22am

PTI takes exception to PM’s stance on May 9 events

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) spokesperson called Caretaker Prime Minister Anwaar-ul-Haq Kakar’s...

Published 05 Sep, 2023 06:22am

NPO gets status of certification body under APO

ISLAMABAD: The National Productivity Organisation (NPO) Pakistan has achieved certification body status under the...

Published 05 Sep, 2023 06:22am

LHC directs Sessions Judge to produce Elahi today

LAHORE: The Lahore High Court (LHC) on Monday expressed concerned over the arrest of PTI President and former chief...

Published 05 Sep, 2023 06:22am

Urs celebrations of Data Ganj Bakhsh start today

LAHORE: All is set for the three-day 980th Urs of Hazrat Ali Hajveri, popularly known as Data Ganj Bakhsh, which ...

Published 05 Sep, 2023 06:22am

Three-day physical remand granted to Ali Wazir

ISLAMABAD: The Anti-Terrorism Court (ATC), on Monday, granted police three-day physical remand for former...

Published 05 Sep, 2023 06:22am

Kashmir Affairs, GB: Senate body’s meeting postponed in protest

ISLAMABAD: The meeting of the Senate Standing Committee on Kashmir Affairs and Gilgit-Baltistan, scheduled to be ...

Published 05 Sep, 2023 06:22am

SC Bar voices concern over ‘unlawful’ arrests of Elahi

ISLAMABAD: The Supreme Court Bar Association of Pakistan (SCBAP) has expressed concern over the continued and...

Published 05 Sep, 2023 06:22am

PM wants to provide uniform health facilities: Minister

LAHORE: Prime Minister of Pakistan Anwar-ul-Haq Kakar wants to provide better health facilities to the people, and...

Published 05 Sep, 2023 06:22am

KMU withdraws increase in examination fee

PESHAWAR: Khyber Medical University (KMU) Peshawar has decided to withdraw the increase of 10% in various ...

Published 05 Sep, 2023 06:22am

Inform court before arresting Imaan: IHC

ISLAMABAD: The Islamabad High Court (IHC) directed the concerned authorities to apprise the court before arresting...

Published 05 Sep, 2023 06:22am

IG Punjab holds open court at CPO

LAHORE: Inspector General of Police Punjab, Dr Usman Anwar, held an open court at the Central Police Office to...

Published 05 Sep, 2023 06:22am

Trial by military courts: Hassan Niazi’s father approaches SC against handing over of son to army

ISLAMABAD: Hafeezullah Niazi, on Monday, approached the Supreme Court against the handing over of custody of his son...

Published 05 Sep, 2023 06:22am

Chehlum of Hazrat Imam Hussain (RA): Foolproof security plan finalised across Punjab

LAHORE: On the instructions of Inspector General of Police Punjab, Dr Usman Anwar, the security plan for the ...

Published 05 Sep, 2023 06:22am

Cypher case: hearing on bail pleas of IK, Qureshi adjourned

ISLAMABAD: The special court on Monday again adjourned the hearing of Pakistan Tehreek-e-Insaf (PTI) Chief Imran ...

Published 05 Sep, 2023 06:22am

CJP retirement will be an ‘end of the dark age’: Tarar

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) deputy secretary general Ata Tarar on Monday maintained that...

Published 05 Sep, 2023 06:22am

Bushra files plea in LHC against possible arrest

LAHORE: The wife of former prime minister Imran Khan, on Monday filed a petition before the Lahore High Court...

Published 05 Sep, 2023 06:22am

AL BATTAR-I concludes

ISLAMABAD: The closing of two weeks long Pakistan-KSA “Joint Exercise in Counter Terrorism domain AL BATTAR-I”...

Published 05 Sep, 2023 06:22am

‘Rescue-1122 extended timely services to flood affectees’

LAHORE: Rescue-1122 extended timely rescue services to 310,383 flood affectees including 17,874 animals by shifting...

Published 05 Sep, 2023 06:22am

The Weather

KARACHI: The weather report on Monday (September 04, 2023) and the forecast for Tuesday (September 05, 2023)...

Published 05 Sep, 2023 06:22am

Rates

Stocks advance on fresh buying

KARACHI: Pakistan Stock Exchange on Monday witnessed a bullish trend and closed on positive note on the back of ...

Published 05 Sep, 2023 06:22am

Nawaz to return by Oct 15?

LONDON: Former prime minister Mian Nawaz Sharif will leave for Pakistan from London on October 15. According to...

Published 05 Sep, 2023 06:22am

Two officers, sailor martyred in Gwadar helicopter crash

ISLAMABAD: Two officers and a solider of the Pakistan Navy were martyred in a helicopter crash incident during...

Published 05 Sep, 2023 06:22am

Smuggled Iranian diesel seized

KARACHI: The Anti-Smuggling Organisation (ASO) of Customs Enforcement Karachi successfully thwarted an attempt to...

Published 05 Sep, 2023 06:22am

Navy seizes 9.5 tons of narcotics

KARACHI: In an intelligence based joint counter-narcotics operation, Pakistan Navy and ANF seized 9.5 tons of...

Published 05 Sep, 2023 06:22am

Lahore-Almaty flights launched

LAHORE: SCAT Airlines, a Kazakhstan-based air carrier, and Hashoo Group, Pakistan’s largest hospitality...

Published 05 Sep, 2023 06:22am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 335,308 tonnes of cargo comprising 205,461 tonnes of import cargo and ...

Published 05 Sep, 2023 06:22am

The population bulge

The results of the seventh Population and Housing Census of Pakistan in 2023 have been announced recently by the...

Updated 05 Sep, 2023 07:08am

Have the people risen?

Arriving on the back of backbreaking inflation across the board, the increased tariff in electricity bills has ...

Updated 05 Sep, 2023 07:12am

Letters

A palpable sense of austerity

According to Collins Online Dictionary, “Austerity is a situation in which people’s living standards are reduced...

Published 05 Sep, 2023 06:22am

International Day of Charity: Fostering unity and compassion in society

Every man goes down to his death bearing in his hands only that which he has given away. Persian Proverb Seen from...

Updated 05 Sep, 2023 03:17pm

PARTLY FACETIOUS: The Blome-Maryam meeting

“Notification Maryam Nawaz (NMN) held a high level meeting.” “Hey which ever meeting she deigns to attend, ...

Published 05 Sep, 2023 06:22am

Rates

LME official prices

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

Published 05 Sep, 2023 06:22am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (September 04, 2023)...

Published 05 Sep, 2023 06:22am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (September 04, 2023). ======================================= Offset...

Published 05 Sep, 2023 06:22am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 04, 2023)....

Published 05 Sep, 2023 06:22am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (September 04, 2023)....

Published 05 Sep, 2023 06:22am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (September 04, 2023)....

Published 05 Sep, 2023 06:22am

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 05 Sep, 2023 06:22am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (September 04, 2023)....

Published 05 Sep, 2023 06:22am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 05 Sep, 2023 06:22am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (September 04, 2023). ==================================== BR...

Published 05 Sep, 2023 06:22am

Stocks

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

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

Published 05 Sep, 2023 06:22am

Rates

BOARD MEETINGS

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

Published 05 Sep, 2023 06:22am

Rates

Dividend/Bonus Announcements

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

Published 05 Sep, 2023 06:22am

Stocks

Last date of renunciation/payment

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

Published 05 Sep, 2023 06:22am

Rates

Proposed right issues

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

Published 05 Sep, 2023 06:22am

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 05 Sep, 2023 06:22am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (September 04, 2023). ========================== KIBOR...

Published 05 Sep, 2023 06:22am

Forex

Open market rates of foreign currencies

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

Published 05 Sep, 2023 06:22am

‘Inflated’ power bills: Obdurate IMF refuses to buy into govt data

Conveys its disagreement to the data provided by the federal government

Updated 05 Sep, 2023 10:03am

Provinces, LEAs to be taken on board: PM asks power sector to act against defaulters

ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq Kakar has asked the power sector to take immediate action against...

Updated 05 Sep, 2023 09:59am

Power projects under CPEC: Contract renegotiation proposals may again be floated

ISLAMABAD: Pakistan is likely to again float proposals to Chinese government for renegotiation on contracts of power...

Updated 05 Sep, 2023 09:09am

Delineate effective strategy, PM asks finance minister

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Monday directed the Ministry of Finance to devise an...

Updated 05 Sep, 2023 08:48am

Stocks

Shanghai Stock Exchange signs MoU with the Saudi Exchange

SHANGHAI: The Shanghai Stock exchange said it signed Memorandum of Understanding (MoU) with the Saudi Exchange in...

Published 05 Sep, 2023 06:22am

Foreign nationals, entities: SECP’s insistence on security clearance

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has refused to grant/ allow licences or...

Updated 05 Sep, 2023 08:47am

ECNEC approves Polio Emergency Plan worth $1784.93m

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved “Emergency Plan for Polio...

Updated 05 Sep, 2023 09:33am

Assigning assessment-related duties: FTO asks FBR to restrain IRS Audit Cadre officers

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to bar the officers of...

Updated 05 Sep, 2023 09:09am

Infrastructural development: PM for strengthening public-private partnership

ISLAMABAD: Caretaker Prime Minister Anwaar-ul Haq-Kakar was informed on Monday that outsourcing of Sialkot-Kharian...

Updated 05 Sep, 2023 10:00am

Alvi, law minister discuss issues related to elections

ISLAMABAD: With uncertainty shrouding the fate of general elections in the country, President Dr Arif Alvi has held...

Updated 05 Sep, 2023 10:01am

Gallup Survey: Default seems imminent, say businesses

KARACHI: Majority of Pakistan’s businesses are “not hopeful at all” about the ability of caretaker Prime Minister...

Updated 05 Sep, 2023 09:12am

KE consumers: PD seeks ‘steep positive’ adjustment

ISLAMABAD: The Power Division has sought an exorbitant positive adjustment of up to Rs 10 per unit for K-Electric...

Updated 05 Sep, 2023 09:49am

Companies

Sunridge acquires 37,123,188 voting shares of Al Shaheer

KARACHI: Sunridge Foods (Private) Limited, a wholly owned subsidiary of Unity Foods Limited, has informed that it ...

Published 05 Sep, 2023 06:22am

Money & Banking

MCB Islamic Bank’s half-year PBT soars to Rs4.013bn

KARACHI: MCB Islamic Bank’s profit before tax has soared from Rs 595 million in June 2022 to an impressive Rs ...

Published 05 Sep, 2023 06:22am

Money & Banking

Faysal Bank apprises SCCI about growing Islamic banking

SIALKOT: President and CEO Yousaf Hussain along with Jaudat Hussain, Head Retail Banking Faysal Bank Limited and ...

Updated 05 Sep, 2023 06:46am

Energy

US oil, gas output nears peak

LONDON: US crude oil production increased again in June and is nearing the record high set before the pandemic, but...

Published 05 Sep, 2023 06:22am

Cotton & Textile

Cotton market: Spot rate loses Rs700 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Monday decreased the spot rate by Rs 700...

Published 05 Sep, 2023 06:22am

Commodities

India monitoring steel import situation

NEW DELHI: India is monitoring steel imports after shipments from China touched a five-year high in the first four...

Published 05 Sep, 2023 06:22am

Money & Banking

Dollar eases

LONDON: The safe-haven dollar fell on Monday as risk sentiment improved on hopes China’s policy stimulus might...

Published 05 Sep, 2023 06:22am

Commodities

Malaysian palm oil down

JAKARTA: Malaysian palm oil futures ended lower on Monday, dragged down by weaker rival oils on the Dalian and...

Published 05 Sep, 2023 06:22am

Commodities

Copper prices retreate

LONDON: Copper prices retreated on Monday as the market fretted over demand in top consumer China and rising...

Published 05 Sep, 2023 06:22am

Energy

Oil prices steady amid OPEC+ supply cut expectations

LONDON: Oil prices were stable on Monday amid expectations that major producers would keep supplies tight, as hopes...

Published 05 Sep, 2023 06:22am

Macroeconomic indicators

EDITORIAL: Four unexplained, albeit bafflingly un-synchronised, data was recently uploaded on the Pakistan Bureau of...

Published 05 Sep, 2023 06:22am

Misdirected anger?

EDITORIAL: Authorities will have to be very careful about how they handle the turbulence created by the protests ...

Published 05 Sep, 2023 06:22am

Aug cement despatches increase 37.04pc to 4.518m tons YoY

LAHORE: Cement despatches increased by 37.04% in August 2023 as the industry recorded total Cement despatches at...

Published 05 Sep, 2023 06:22am

Money & Banking

Askari Bank inaugurates PAC Kamra Branch

KARACHI: Askari Bank Limited (AKBL) is continuously moving towards enhancing its services for customers with the...

Published 05 Sep, 2023 06:22am

Industry

LCCI’s ‘progressive group’ has thanked businesspeople, others for successful strike

LAHORE: The progressive group comprising the members of the Lahore Chamber of Commerce and Industry has ...

Published 05 Sep, 2023 06:22am

Taxes

‘Some Discos claim tax credit without deducting WHT’

LAHORE: Some power distribution companies (Discos) are allegedly claiming tax credit without deducting and ...

Published 05 Sep, 2023 06:22am

Industry

SMEDA’s efforts acknowledged for implementing National SME Policy

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) has made great strides towards implementation...

Published 05 Sep, 2023 06:22am

Industry

Minister hails businessmen’s role towards economic development

KARACHI: Caretaker Federal Minister for Religious Affairs Aneeq Ahmed underscored the indispensable role of...

Published 05 Sep, 2023 06:22am

Commodities

Gold falls slightly

KARACHI: Gold on Monday lost some value on the local market but silver stays firm, traders said. Gold prices...

Published 05 Sep, 2023 06:22am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (September 04, 2023). ======================== Open Bid...

Published 05 Sep, 2023 06:22am

Industry

LCCI organises ‘trade and tourism conference on ASEAN’

LAHORE: As part of the efforts of Lahore Chamber of Commerce and Industry aimed at exploring new avenues for trade,...

Published 05 Sep, 2023 06:22am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.61 ▲ 0.91 (15.96%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	8.08 ▲ 0.97 (13.64%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
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%)
Shaheen Ins. / Dec 18 Shaheen Insurance Company Limited(SHNI)	6.70 ▲ 0.61 (10.02%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
Shadman Cotton / Dec 18 Shadman Cotton Mills Limited(SHCM)	26.80 ▼ -2.98 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Hussain Industries / Dec 18 Husein Industries Limited(HUSI)	20.26 ▼ -2.25 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.20 ▼ -3.15 (-9.74%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.09
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.29
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.23
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.20
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 0.02
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.17
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.26
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -1.33
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.09

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