News Archives for Print - 2023-09-29

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Print - 2023-09-29

Shutdown looms as US Senate, House advance separate spending plans

WASHINGTON: The US Senate and House on Thursday were due to push ahead with conflicting government funding plans,...

Published 29 Sep, 2023 06:24am

Celebrating 100 Years of Excellence: Lahore Chamber of Commerce & Industry

TEXT: Greetings to all esteemed members of the Lahore Chamber of Commerce & Industry (LCCI) and the wider...

Published 29 Sep, 2023 06:24am

Kashif Anwar’s special interview with Business Recorder

TEXT: President of the Lahore Chamber of Commerce and Industry Kashif Anwar says: Business Community Serviceis my...

Published 29 Sep, 2023 06:24am

History of the Lahore Chamber of Commerce & Industry (LCCI)

TEXT: In the earlier years of the twentieth century, the industrialists of this region realized the need to set up a...

Published 29 Sep, 2023 06:24am

LCCI Message from Adnan Khalid Butt, Vice President LCCI

TEXT: It is with immense joy and pride that I extend my warmest congratulations to the Lahore Chamber of Commerce ...

Published 29 Sep, 2023 06:24am

LCCI Message from Zafar Mahmood Ch, Senior Vice President LCCI

TEXT: For a hundred years, the LCCI has been the driving force behind economic growth in our region. It has been a...

Published 29 Sep, 2023 06:24am

LCCI Message from Kashif Anwar, President LCCI

TEXT: It is with immense pride and profound gratitude that we celebrate a century of unwavering commitment to...

Published 29 Sep, 2023 06:24am

LCCI Message from Anwaar-ul-Haq Kakar, Caretaker Prime Minister of the Islamic Republic of Pakistan

TEXT: I extend my heartfelt congratulations to the Lahore Chamber of Commerce and Industry (LCCI) on its momentous...

Published 29 Sep, 2023 06:24am

LCCI Message from Dr Arif Alvi, The President of the Islamic Republic of Pakistan

TEXT: I extend my deepest congratulations to the Lahore Chamber of Commerce and Industry (LCCI) on reaching its...

Published 29 Sep, 2023 06:24am

Digitalization of Commercial Industry

TEXT: Digitization of industrial organizations has long been lagging behind retailers and B2B companies in ...

Published 29 Sep, 2023 06:24am

Chiesi Group

TEXT: In this highly competitive environment of the Pakistan Pharmaceutical market, Chiesi Pakistan being a direct...

Published 29 Sep, 2023 06:24am

Key points about the Lahore Chamber of Commerce & Industry (LCCI)

TEXT: The Lahore Chamber of Commerce & Industry (LCCI) is one of the most prominent and influential business...

Published 29 Sep, 2023 06:24am

Irfan Iqbal Sheikh, Former President LCCI

TEXT: Mr. Irfan Iqbal Sheikh is chairman of Zubaida Group of Companies- Alfatah, Zubaida Agriculture and Dairy Farms...

Published 29 Sep, 2023 06:24am

Dollar East – For All Currency Needs

TEXT: Dollar East is the most trusted name in the exchange business of Pakistan. It is an A-Category exchange ...

Published 29 Sep, 2023 06:24am

Shehbaz returns from London

LAHORE: Former Prime Minister Shehbaz Sharif on Thursday returned to Pakistan from London. Shehbaz Sharif visited...

Published 29 Sep, 2023 06:24am

Economic transformation of 16 PCP cities: Services of consulting firm engaged

LAHORE: To determine the economic potential of 16 cities falling under the Punjab Cities Programme (PCP), the Punjab...

Published 29 Sep, 2023 06:24am

PM offers nawafil at Roza-e-Rasool (PBUH)

MADINAH MUNAWRAH: Caretaker Prime Minister Anwaarul Haq Kakar visited Masjid-e-Nabvi (the Prophet’s Mosque) in...

Published 29 Sep, 2023 06:24am

Pakistan welcomes efforts for peace in Yemen

ISLAMABAD: Pakistan on Thursday welcomed the positive outcome of the dialogue, held in Riyadh from 14 to 18 ...

Published 29 Sep, 2023 06:24am

Pakistan flays martyrdom of Bahraini personnel

ISLAMABAD: Pakistan on Thursday condemned the attack on the Bahrain Defence Force position on the southern border of...

Published 29 Sep, 2023 06:24am

No let up in spread of conjunctivitis

LAHORE: There is no let up in the spread of the pink-eye also known as conjunctivitis and the number of infected...

Published 29 Sep, 2023 06:24am

Navy celebrates World Maritime Day

KARACHI: Pakistan Navy celebrated World Maritime Day (WMD) 2023. The theme of WMD for this year is “MARPOL at 50 -...

Published 29 Sep, 2023 06:24am

SNGPL crackdown against gas theft : More 235 connections disconnected in Punjab, KP, Islamabad

LAHORE: During the ongoing crackdown against gas pilferers, SNGPL continued raids in Punjab, Khyber Pakhtunkhwa and...

Published 29 Sep, 2023 06:24am

National Under-19 Cup: Karachi Whites, Abbottabad remain unbeaten

LAHORE: The second round of the 18-team National Under-19 Cup was played in Faisalabad, Gujranwala, Karachi, ...

Published 29 Sep, 2023 06:24am

Kamran Arbi elected SAI President unopposed

KARACHI: Muhammad Kamran Arbi, Muhammad Hanif Ayoob (Tawakkal) and Muhammad Farhan Ashrafi has been elected ...

Published 29 Sep, 2023 06:24am

JI chief urges Sindh CM to devolve administrative powers to UCs

KARACHI: Central Chief of Jamaat-e-Islami, Sirajul Haq on Thursday urged the interim chief minister Sindh to devolve...

Published 29 Sep, 2023 06:24am

Contempt case: IHC rejects unconditional apology of DC

ISLAMABAD: The Islamabad High Court (IHC) rejected the unconditional apology of Deputy Commissioner (DC) Irfan Nawaz...

Published 29 Sep, 2023 06:24am

Haji Inayatullah named as PML-N KP VP

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) has named Haji Inayatullah Khan Wazir as the party’s senior vice...

Published 29 Sep, 2023 06:24am

FJC’s registrar requests PWD for proper maintenance of building

ISLAMABAD: The Federal Judicial Complex (FJC)’s registrar has requested the Public Works Department (PWD) for...

Published 29 Sep, 2023 06:24am

Farrukh Habib, brother, four others held in Gwadar

GWADAR: Authorities have achieved yet another success in their ongoing crackdown on the PTI leaders and workers...

Published 29 Sep, 2023 06:24am

Court grants bail to Khalid Jamil

ISLAMABAD: A local court, on Thursday, granted bail to a senior journalist in a case registered on a charge of...

Published 29 Sep, 2023 06:24am

Commissioner Hyderabad inaugurates anti-polio campaign

HYDERABAD: Commissioner Hyderabad Khalid Haider Shah on Thursday inaugurated the 7-day anti-polio campaign starting...

Published 29 Sep, 2023 06:24am

Chinese envoy meets FM

ISLAMABAD: The newly-appointed Chinese Ambassador to Pakistan, Jiang Zaidong, called on caretaker Foreign Minister...

Published 29 Sep, 2023 06:24am

‘Sindh Child Prohibition Employment Act needed to be amended’

ISLAMABAD: The Senate Standing Committee on Human Rights on Thursday suggested that the Sindh Child Prohibition...

Published 29 Sep, 2023 06:24am

The Weather

KARACHI: The weather report on Thursday (September 28, 2023) and the forecast for Friday (September 29, 2023)...

Published 29 Sep, 2023 06:24am

General elections: voter lists unfrozen by ECP

ISLAMABAD: On the heels of its failure to ensure timely general polls in the country, the electoral entity has now...

Published 29 Sep, 2023 06:24am

Individuals targeting planes with laser lights to face strict action: PCAA

KARACHI: Strict action will be taken against individuals who target planes with laser lights near Jinnah...

Published 29 Sep, 2023 06:24am

SDGs: Ministry voices concern over slow pace

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has expressed its concern over the slow ...

Published 29 Sep, 2023 06:24am

Southern Sindh to reel under sizzling weather

KARACHI: Sizzling weather is set to hit southern Sindh in next three days with a maximum temperature up to 41...

Published 29 Sep, 2023 06:24am

LHC dismisses habeas corpus plea seeking recovery of Brigadier

LAHORE: The Lahore High Court dismissed a habeas corpus petition seeking production of a serving Brigadier and...

Published 29 Sep, 2023 06:24am

Ex-secretary petroleum’s absence from meetings: Senate panel to write letter to Establishment Division for action

ISLAMABAD: The Senate Standing Committee on Rules of Procedure and Privileges decided to write a letter to the...

Published 29 Sep, 2023 06:24am

Perpetual failure under AML-CFT regime

Our defective governance system has rendered the state and nation susceptible to numerous internal and external...

Published 29 Sep, 2023 06:24am

Facilitate to educate

There are a lot of suggestions on how to eradicate poverty and help the underprivileged survive in these days of...

Updated 29 Sep, 2023 06:54am

Letters

Stop using derogatory term ‘Lyari Gang War’

I am writing these lines with a view to expressing my deep concerns over the use of the term “Lyari Gang War”...

Published 29 Sep, 2023 06:24am

Exhibition of coffee-table book held at German CG

KARACHI: An exhibition of a coffee-table book was organized by Pervaiz Akhtar, President of the German-Pakistan...

Published 29 Sep, 2023 06:24am

Stocks

PSX holiday

KARACHI: Pakistan Stock Exchange Limited will remain closed on Friday, September 29, 2023 on account of 12th...

Published 29 Sep, 2023 06:24am

EBM & SoL hold 22nd edition of ‘Young Leaders Conference’

KARACHI: English Biscuit Manufacturers (EBM) brought together future leaders for the 22nd time with the Young ...

Published 29 Sep, 2023 06:24am

Making Sindh more tourism-friendly: CM seeks collaboration between private and public sectors

KARACHI: The Ministry of Tourism, Environment & Climate Change, Government of Sindh marked World Tourism Day ...

Published 29 Sep, 2023 06:24am

Stocks

Schott Pharma shares jump 11pc on Frankfurt trading debut

FRANKFURT/LONDON: Shares in medical vials manufacturer Schott Pharma rose 11% on their trading debut on Thursday in...

Published 29 Sep, 2023 06:24am

Stocks

Wall St climbs after investors digest slew of economic data

NEW YORK: Wall Street’s key indexes gained on Thursday as investors assessed the latest batch of economic data and...

Published 29 Sep, 2023 06:24am

‘Yusuf H Shirazi Complex to herald new era of research & learning’

LAHORE: LUMS hosted the groundbreaking ceremony of its first green building, ‘Yusuf H. Shirazi Complex’, named...

Published 29 Sep, 2023 06:24am

UK MPs concerned over HR violations in IIOJK

ISLAMABAD: A delegation of British Members of Parliament has expressed concern over the human rights violations in...

Published 29 Sep, 2023 06:24am

Two accused held under Section 37A of ST Act 1990

ISLAMABAD: In an effort to curb the menace of fake and flying invoices, Directorate of Inland Revenue Intelligence...

Published 29 Sep, 2023 06:24am

Rohri bus collision: SIEHS provides medical aid to 60 victims

KARACHI: Sindh Integrated Emergency & Health Services (SIEHS), commonly known as Rescue 1122, swiftly sprang ...

Published 29 Sep, 2023 06:24am

Stocks

Canadian HC briefed on PSX working

KARACHI: Pakistan Stock Exchange (PSX) welcomed the High Commissioner of Canada to Pakistan, Leslie Scanlon,...

Published 29 Sep, 2023 06:24am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 29 Sep, 2023 06:24am

Stocks

Last date of renunciation/payment

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

Published 29 Sep, 2023 06:24am

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 29 Sep, 2023 06:24am

Rates

Stock market depressed

KARACHI: Pakistan Stock Exchange on Thursday remained under pressure and closed in negative due to investors’ lack...

Published 29 Sep, 2023 06:24am

Eid Milad-un-Nabi (PBUH) today

LAHORE: All is set to observe the Eid Milad-un-Nabi (PBUH) with traditional religious zeal and fervor across the...

Updated 29 Sep, 2023 09:44am

‘Possible’ CPEC ‘rollback’: Jilani refutes speculation

ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani on Thursday refuted the speculation being rife about...

Updated 29 Sep, 2023 09:38am

Stocks

KSE-100 index companies: PAT increases by 16pc on YoY

KARACHI: The profit after tax (PAT) of KSE-100 index companies increased by 16 percent on year-on-year basis to Rs...

Published 29 Sep, 2023 06:24am

Cotton & Textile

Cotton market remains steady

LAHORE: The local cotton market on Thursday remained steady and the trading volume remained low. Cotton analyst...

Published 29 Sep, 2023 06:24am

Energy

Oil prices ease 1pc on profit taking

NEW YORK: Oil futures eased about 1% on Thursday, as traders took profits after prices soared early to 10-month ...

Published 29 Sep, 2023 06:24am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (September 28, 2023). ======================== Open ...

Published 29 Sep, 2023 06:24am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (September 28, 2023)....

Published 29 Sep, 2023 06:24am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (September 28, 2023)....

Published 29 Sep, 2023 06:24am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (September 28, 2023). ====================================...

Published 29 Sep, 2023 06:24am

Rates

BOARD MEETINGS

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

Published 29 Sep, 2023 06:24am

Rates

Proposed right issues

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

Published 29 Sep, 2023 06:24am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (September 28, 2023). ======================== OFFER ...

Published 29 Sep, 2023 06:24am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (September 28, 2023). ======================== OFFER PRICE...

Published 29 Sep, 2023 06:24am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (September 28, 2023). ======================== OFFER PRICE...

Published 29 Sep, 2023 06:24am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Thursday (September 28, 2023). ======================== OFFER PRICE...

Published 29 Sep, 2023 06:24am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (September 28, 2023). ======================== OFFER PRICE...

Published 29 Sep, 2023 06:24am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (September 28, 2023). ======================== OFFER PRICE...

Published 29 Sep, 2023 06:24am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (September 28, 2023). ======================== OFFER PRICE...

Published 29 Sep, 2023 06:24am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (September 28, 2023). ======================== OFFER PRICE...

Published 29 Sep, 2023 06:24am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (September 28, 2023). ======================== OFFER PRICE...

Published 29 Sep, 2023 06:24am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (September 28, 2023). ======================== OFFER PRICE...

Published 29 Sep, 2023 06:24am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Thursday (September 28, 2023). ======================== Offer Price...

Published 29 Sep, 2023 06:24am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Thursday (September 28, 2023). ======================== Offer Price...

Published 29 Sep, 2023 06:24am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Thursday (September 28, 2023). ======================== Offer...

Published 29 Sep, 2023 06:24am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Thursday (September 28, 2023). ======================== Offer Price...

Published 29 Sep, 2023 06:24am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Thursday (September 28, 2023). ======================== Offer Price...

Published 29 Sep, 2023 06:24am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Thursday (September 28, 2023). ======================== Offer Price 1,404.8656...

Published 29 Sep, 2023 06:24am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Thursday (September 28, 2023). ...

Published 29 Sep, 2023 06:24am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Thursday (September 28, 2023). ...

Published 29 Sep, 2023 06:24am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (September 28, 2023). ========================== ...

Published 29 Sep, 2023 06:24am

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 29 Sep, 2023 06:24am

Forex

Open market rates of foreign currencies

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

Published 29 Sep, 2023 06:24am

Sept inflation seen at 29-31pc

KARACHI: Inflation in Pakistan is expected to clock in around 29-31% in September, the Ministry of Finance said in...

Updated 30 Sep, 2023 08:52am

Economic revival plan: Tax on retail, agri and real estate sectors may be revised: MoF

Key measures include revenue enhancement strategies including tax revisions in sectors such as retail, agriculture, and real estate, alongside a wealth tax on movable assets, as deemed appropriate

Updated 30 Sep, 2023 09:45am

IMF programme: Govt will deliver to secure $700m under SBA: Shamshad

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	155.74
USD to Swiss Franc / Jan 17	0.91
Pound Sterling to USD / Jan 17	1.22

Stock	Volume
S&P 500 / Jan 16	5,937.34
Nasdaq / Jan 16	19,338.29
Dow Jones / Jan 16	43,153.13
India Sensex / Jan 17	76,671.81
Tokyo Nikkei / Jan 17	38,451.46
Hang Seng / Jan 17	19,567.81
FTSE 100 / Jan 17	8,477.94
Germany DAX 30 / Jan 17	20,852.83

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 16	18,785
Gold 10 Grams PKR / Jan 16	241,941
Crude Oil USD/Barrel / Jan 17	79.09
Gold Spot USD/Ounce / Jan 17	2,713.02
Cotton US¢/pound / Jan 17	67.05
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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