News Archives for Print - 2023-09-21

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Print - 2023-09-21

Immovable fixed asset valuation and equity formation

We know the influence the IMF brings to bear on central bankers and policy makers in the developing world and we ...

Published 21 Sep, 2023 07:02am

UFG: the elephant in the room

Natural gas is the most important energy source in Pakistan’s energy mix providing 40% of its primary energy...

Published 21 Sep, 2023 06:37am

19th Asian Games: National women’s side will be eyeing third gold medal

LAHORE: The national women’s side will be eyeing their third gold medal as they kick off their Asian Games ...

Published 21 Sep, 2023 06:08am

BOP launches ‘Sprint Pakistan’ hackathon

LAHORE: In a remarkable spirit for innovation and forward-thinking, the Bank of Punjab (BOP) hosted a launch ...

Published 21 Sep, 2023 06:08am

Putin says accepted Xi’s invitation to visit China in October

MOSCOW: Russian leader Vladimir Putin said on Wednesday he had accepted Chinese President Xi Jinping’s invitation...

Published 21 Sep, 2023 06:08am

Biden, Netanyahu pledge to work toward Israeli-Saudi normalization

NEW YORK: US President Joe Biden and Israeli Prime Minister Benjamin Netanyahu pledged on Wednesday to work together...

Published 21 Sep, 2023 06:08am

Climate crisis has ‘opened the gates to hell’, UN chief tells summit

UNITED NATIONS: UN Secretary-General Antonio Guterres on Wednesday told world leaders humanity’s addiction to...

Published 21 Sep, 2023 06:08am

NEECA again transferred to Power Division

ISLAMABAD: The government has once again transferred National Energy Efficiency & Conservation Authority (NEECA)...

Updated 21 Sep, 2023 09:39am

India’s network of extra-territorial killings has now gone global: FO

ISLAMABAD: Pakistan on Wednesday termed India’s alleged involvement in the killing of a prominent Sikh-Canadian...

Published 21 Sep, 2023 06:08am

Court reserve verdict on IK’s, Rashid’s production order

ISLAMABAD: A local court, on Tuesday, reserved its verdict on the petitions seeking to issue a production order for...

Published 21 Sep, 2023 06:08am

SOEs: PTI assails govt’s sell-off plan

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Wednesday strongly reacted to the caretaker government’s plan to...

Published 21 Sep, 2023 06:08am

‘Code of conduct’ for general polls: ECP once again invites parties for consultations

ISLAMABAD: With criticism mounting on it over delay in holding the general elections, the electoral entity has once...

Published 21 Sep, 2023 06:08am

Pakistan’s peace overtures to India have been met with negativity: FM

NEW YORK: Interim Foreign Minister Jalil Abbas Jilani on Wednesday said Pakistan’s “positive outreach and peace...

Published 21 Sep, 2023 06:08am

Senate panel deliberates over revival of student unions

ISLAMABAD: A parliamentary panel on Wednesday deliberated at length on the revival of the students’ union after...

Published 21 Sep, 2023 06:08am

Recovery of missing anchorperson: LHC CJ grants last opportunity to IGP

LAHORE: The Chief Justice of Lahore High Court on Wednesday granted last opportunity to the IGP to recover the...

Published 21 Sep, 2023 06:08am

Interfaith harmony: Punjab police, Christian leaders working together: IG

LAHORE: Inspector General Police Punjab Dr Usman Anwar has said that Punjab police and Christian community leaders...

Published 21 Sep, 2023 06:08am

13th National Youth Peace Festival 2023: Punjab governor underscores need for looking at ‘positive things in society’

LAHORE: Terming the young generation as our future and most valuable asset, the Punjab Governor Muhammad Balighur...

Published 21 Sep, 2023 06:08am

Only and only elections…

Here’s a scenario. The president doubles down on his deadline for the election, the supreme court agrees that it...

Published 21 Sep, 2023 06:08am

WWF-Pakistan honours conservation champions at 50-year celebration

LAHORE: WWF-Pakistan on Wednesday hosted an evening to gather renowned environmental activists, media personnel,...

Published 21 Sep, 2023 06:08am

We do not believe in revenge, says Maryam

LAHORE: Pakistan Muslim League-N Chief Organiser and Senior Vice President Maryam Nawaz said on Wednesday that she...

Published 21 Sep, 2023 06:08am

US delegation visits KPT Head Office

KARACHI: The US delegation pertaining to Customs and Border Protection visited KPT Head Office for briefing about...

Published 21 Sep, 2023 06:08am

Shehroze Kashif summits Mount Manaslu

LAHORE: Young Pakistani climber Shehroze Kashif set a new record by successfully summiting Mount Manaslu, the eighth...

Published 21 Sep, 2023 06:08am

Security firm’s driver flees after looting cash from van

KARACHI: Driver of a private security company fled after looting over 63 million rupees from cash van in the...

Published 21 Sep, 2023 06:08am

Minister for setting up govt backed VC Fund

ISLAMABAD: The Federal Minister for Information Technology and Telecommunication, Dr Umer Saif, envisaged setting up...

Published 21 Sep, 2023 06:08am

Conversion of agril land to housing societies: Minister asks provincial govts, ICT to submit ‘Master Plans’ in one week

ISLAMABAD: Caretaker Minister for Planning, Development and Special Initiatives Muhammad Sami Saeed asked the...

Published 21 Sep, 2023 06:08am

JI demands devolution of power

KARACHI: Jamaat-e-Islami (JI) on Wednesday demanded of the interim chief minister Sindh to take steps for devolving...

Published 21 Sep, 2023 06:08am

IG Punjab gives houses to families of two more police martyrs

LAHORE: Inspector General Police Punjab Dr Usman Anwar is continuing to take priority measures for the welfare of...

Published 21 Sep, 2023 06:08am

Governor for encouraging physically challenged people

LAHORE: Emphasising the need for changing social attitudes towards physically challenged people, Punjab Governor...

Published 21 Sep, 2023 06:08am

‘PEMDA’ being launched today

LAHORE: The manufacturers and distributors of Electro-Medical equipment have formed a new sectoral forum at national...

Published 21 Sep, 2023 06:08am

ACCA Global G20 Survey: ‘Accountants have major role to play in reducing corruption’

KARACHI: The global ‘Biennial G20 Public Trust in Tax Survey’ conducted by ACCA (Association of Chartered...

Published 21 Sep, 2023 06:08am

FM, Thomas West discuss peace in Afghanistan

ISLAMABAD: The US Special Representative for Afghanistan Thomas West called on Foreign Minister Jalil Abbas Jilani ...

Published 21 Sep, 2023 06:08am

IK, Bushra Bibi Nikkah case: Court seeks arguments on Imran’s plea

ISLAMABAD: A local court hearing the case regarding the nikkah of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan...

Published 21 Sep, 2023 06:08am

Bilawal will celebrate his birthday in Dubai

KARACHI: Former foreign minister and Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Wednesday...

Published 21 Sep, 2023 06:08am

Asian Affairs dept of MFA China’s DG meets delegation from Gwadar

KARACHI: Liu Jinsong, Director-General of the Asian Affairs Department of the Ministry of Foreign Affairs of China,...

Published 21 Sep, 2023 06:08am

Alvi directs PPO dept to pay Rs1.35m to retired employee

ISLAMABAD: President Dr Arif Alvi has directed the Pakistan Post Office department to pay Rs 1.35 million to a...

Published 21 Sep, 2023 06:08am

Health screening initiative: Alkhidmat successfully completes inaugural phase

KARACHI: With a commitment and compassion to serve the humanity, Alkhidmat Karachi has successfully completed the...

Published 21 Sep, 2023 06:08am

The Weather

KARACHI: The weather report on Wednesday (September 20, 2023) and the forecast for Thursday (September 21, 2023)...

Published 21 Sep, 2023 06:08am

PARTLY FACETIOUS: Bringing politics into everything

“LPF is a cause of serious concern.” “Indeed it is and it is LPG not LPF – liquid petroleum gas used mainly...

Published 21 Sep, 2023 06:08am

Stocks

China stocks close down as recovery pessimism lingers

SHANGHAI: China stocks closed down on Wednesday as concerns lingered about the world’s second-largest economy...

Published 21 Sep, 2023 06:08am

Stocks

S&P, Dow rise as yields slip ahead of Fed verdict

NEW YORK: The S&P 500 and the Dow gained on Wednesday as Treasury yields pulled back ahead of a likely pause in...

Published 21 Sep, 2023 06:08am

Letters

ECP is working harder

It is heartening to note that the Election Commission of Pakistan (ECP) has announced that it has scheduled a ...

Published 21 Sep, 2023 06:08am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 21 Sep, 2023 06:08am

Stocks

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

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

Published 21 Sep, 2023 06:08am

Stocks

Last date of renunciation/payment

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

Published 21 Sep, 2023 06:08am

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 21 Sep, 2023 06:08am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Wednesday (September 20, 2023). ======================== OFFER ...

Published 21 Sep, 2023 06:08am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (September 20, 2023). ======================== OFFER ...

Published 21 Sep, 2023 06:08am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Wednesday (September 20, 2023). ======================== OFFER PRICE...

Published 21 Sep, 2023 06:08am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Wednesday (September 20, 2023). ======================== OFFER PRICE...

Published 21 Sep, 2023 06:08am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Wednesday (September 20, 2023). ======================== OFFER PRICE...

Published 21 Sep, 2023 06:08am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (September 20, 2023). ======================== OFFER PRICE...

Published 21 Sep, 2023 06:08am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (September 20, 2023). ======================== OFFER PRICE...

Published 21 Sep, 2023 06:08am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Wednesday (September 20, 2023). ======================== OFFER PRICE...

Published 21 Sep, 2023 06:08am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Wednesday (September 20, 2023). ======================== OFFER PRICE...

Published 21 Sep, 2023 06:08am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Wednesday (September 20, 2023). ======================== OFFER PRICE...

Published 21 Sep, 2023 06:08am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Wednesday (September 20, 2023). ======================== Offer Price...

Published 21 Sep, 2023 06:08am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Wednesday (September 20, 2023). ======================== Offer Price...

Published 21 Sep, 2023 06:08am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Wednesday (September 20, 2023). ======================== Offer...

Published 21 Sep, 2023 06:08am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Wednesday (September 20, 2023). ======================== Offer Price...

Published 21 Sep, 2023 06:08am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Wednesday (September 20, 2023). ======================== Offer Price...

Published 21 Sep, 2023 06:08am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Wednesday (September 20, 2023). ======================== Offer Price 1,397.4242...

Published 21 Sep, 2023 06:08am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (September 20, 2023)....

Published 21 Sep, 2023 06:08am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 20, 2023)....

Published 21 Sep, 2023 06:08am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (September 20, 2023). ==========================...

Published 21 Sep, 2023 06:08am

Rates

PSX lacks luster

KARACHI: Pakistan Stock Exchange on Wednesday witnessed a mixed trend and after moving both ways, closed on slightly...

Published 21 Sep, 2023 06:08am

Taxes

Right to seek automated refunds: IHC issues notices to FBR chairman, others

ISLAMABAD: Islamabad High Court (IHC) has issued notices to Chairman Federal Board of Revenue and Chief Commissioner...

Updated 21 Sep, 2023 08:46am

CJP, Justice Masood discuss with PBC, SCBA members mechanism aimed at reducing backlog of cases

ISLAMABAD: Chief Justice of Pakistan Qazi Faez Isa and senior puisne judge Sardar Tariq Masood on Wednesday...

Updated 21 Sep, 2023 09:43am

Commodities

Applications invited from canola farmers

LAHORE: The Punjab Agriculture Department has invited applications from farmers for setting up “exhibition ...

Published 21 Sep, 2023 06:08am

Commodities

Japanese rubber futures retreat on weak economic prospects

SINGAPORE: Japanese rubber futures fell on Wednesday for a second consecutive session amid poor economic data in...

Published 21 Sep, 2023 06:08am

Energy

US natgas prices fall

NATGAS: US natural gas futures fell about 4% on Wednesday as the amount of gas flowing to the nation’s liquefied...

Published 21 Sep, 2023 06:08am

Commodities

Iron ore higher

MANILA: Iron ore futures edged up on Wednesday after trading in a tight range, as signs of economic stabilisation in...

Published 21 Sep, 2023 06:08am

Rates

Activities of Karachi Port Trust and Port Qasim

KARACHI: The Karachi Port Trust handled 143,555 tonnes of cargo comprising 100,889 tonnes of import cargo and 42,666...

Published 21 Sep, 2023 06:08am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 20, 2023)...

Published 21 Sep, 2023 06:08am

Cotton & Textile

Firm trend on cotton market

LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained satisfactory. Cotton...

Published 21 Sep, 2023 06:08am

Commodities

Copper rises with improved China demand hopes

LONDON: Copper prices rose in London on Wednesday with more upbeat demand prospects from top metals consumer China,...

Published 21 Sep, 2023 06:08am

Energy

Oil prices eased ahead of Fed rate decision

NEW YORK: Oil prices eased on Wednesday ahead of the US Federal Reserve’s interest rate decision, with investors...

Published 21 Sep, 2023 06:08am

Commodities

Gold gains on dollar dip

NEW YORK: Gold popped higher, hitting an over two-week high, on Wednesday as the dollar and Treasury yields...

Published 21 Sep, 2023 06:08am

Commodities

Palm oil closes at one-week low

SINGAPORE: Malaysian palm oil futures fell on Wednesday to their lowest closing in one week, weighed by weaker rival...

Published 21 Sep, 2023 06:08am

Energy

KP CM for timely completion of hydel power projects

PESHAWAR: Caretaker Chief Minister Khyber Pakhtunkhwa Muhammad Azam Khan on Wednesday called for the timely...

Published 21 Sep, 2023 06:08am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (September 20, 2023)...

Published 21 Sep, 2023 06:08am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (September 20, 2023). =======================================...

Published 21 Sep, 2023 06:08am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 20, 2023)....

Published 21 Sep, 2023 06:08am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (September 20, 2023). ======================== Open ...

Published 21 Sep, 2023 06:08am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (September 20, 2023)....

Published 21 Sep, 2023 06:08am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Wednesday (September 20, 2023)....

Published 21 Sep, 2023 06:08am

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 21 Sep, 2023 06:08am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Wednesday (September 20, 2023)....

Published 21 Sep, 2023 06:08am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (September 20, 2023). ====================================...

Published 21 Sep, 2023 06:08am

Rates

BOARD MEETINGS

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

Published 21 Sep, 2023 06:08am

Rates

Dividend/Bonus Announcements

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

Published 21 Sep, 2023 06:08am

Rates

Proposed right issues

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

Published 21 Sep, 2023 06:08am

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 21 Sep, 2023 06:08am

Forex

Proper implementation of the development agenda is only possible with global and regional cooperation, he says

Updated 21 Sep, 2023 08:46am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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