News Archives for Print - 2023-10-21

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Print - 2023-10-21

China ready to boost Pakistan ties but urges security guarantee: Xi

BEIJING: China is willing to strengthen co-operation and promote solidarity with Pakistan but has urged it to...

Updated 21 Oct, 2023 04:52pm

Muslims protest around world

AMMAN/ CAIRO: Protesters from Jakarta to Tunis on Friday demanded an end to Israel’s bombardment of Gaza after...

Published 21 Oct, 2023 06:05am

Israel readies invasion

RAFAH, (Palestinian Territories): Thousands of tonnes of “life and death” aid for Gaza should be delivered soon,...

Published 21 Oct, 2023 06:05am

Canada withdraws 41 diplomats from India

MONTREAL: Canada said Thursday it had withdrawn 41 diplomats from India as a result of the fallout from a bitter...

Published 21 Oct, 2023 06:05am

Five more cricketers added to men's central contracts list

LAHORE: After a thorough review, the Pakistan Cricket Board (PCB) has decided to name five additional players in the...

Published 21 Oct, 2023 06:05am

ACCA’s Global Ethics Day 2023 events inspire positive change

KARACHI: ACCA (the Association of Chartered Certified Accountants) hosted a series of high profile events to...

Published 21 Oct, 2023 06:05am

The Weather

KARACHI: The weather report on Friday (October 20, 2023) and the forecast for Saturday (October 21, 2023)...

Published 21 Oct, 2023 06:05am

Khunjerab Pass to stay open all year round

KARACHI: The Khunjerab Pass, a major land trade route between Pakistan and China, will be converted to an ...

Published 21 Oct, 2023 06:05am

PM in rare visit to Xinjiang

ISLAMABAD: Prime minister offered Friday prayers in China’s Xinjiang province, as he became one of the few leaders...

Published 21 Oct, 2023 06:05am

Punjab govt asks undocumented foreigners to leave by 31st

LAHORE: The Punjab government has warned all undocumented foreigners to leave Punjab by October 31 as crackdowns...

Published 21 Oct, 2023 06:05am

Joint statement issued: Pakistan, China reiterate resolve to move forward together

ISLAMABAD: Pakistan and China have reiterated the resolve to move forward together on the path of development, and...

Published 21 Oct, 2023 06:05am

Sri Lankan army chief calls on COAS

ISLAMABAD: Chief of army staff (COAS) General Syed Asim Munir highlighted that Sri Lanka has historic relations with...

Published 21 Oct, 2023 06:05am

‘Payment of Rs460bn instalments’: SC issues notices to Malik Riaz, others

ISLAMABAD: The Supreme Court issued notices to Malik Riaz and his immediate family members, and companies and ...

Published 21 Oct, 2023 06:05am

Federalism, constitution’s mandate: Experts highlight significance of CCI and NFC Award

ISLAMABAD: A functional Council of Common Interests (CCI) with its rules of business, consistent National Finance...

Published 21 Oct, 2023 06:05am

ATC adjourns hearing of two cases against Qureshi till 24th

ISLAMABAD: An Anti-Terrorism Court (ATC) on Friday adjourned the hearing of two terrorism cases against Pakistan...

Published 21 Oct, 2023 06:05am

Rhodes Trust says has doubled endowment fund for scholarship

ISLAMABAD: The Rhodes Trust on the 75th anniversary in Pakistan has announced that it is doubling the endowment fund...

Published 21 Oct, 2023 06:05am

Compelling need for implementing WACOG Law

For years, Pakistan has grappled with an energy crisis, with natural gas being a crucial component of the ...

Published 21 Oct, 2023 06:05am

Ashrafi re-designated as SRPM

ISLAMABAD: Hafiz Muhammad Tahir Mahmood Ashrafi has been re-designated as the Special Representative to the Prime...

Published 21 Oct, 2023 06:05am

29th convocation of NUST College of EME held

RAWALPINDI: Over 580 undergraduate, MS and PhD students were conferred degrees at the 29th convocation of NUST...

Published 21 Oct, 2023 06:05am

PTCL Group appoints Mohamed Essa Al Taheri as President & CEO of U Microfinance Bank

KARACHI: PTCL Group, the largest ICT services provider in Pakistan announced the appointment of Mohamed Essa Al...

Published 21 Oct, 2023 06:05am

Speaker NA condemns genocide, massacre of Palestinians

ISLAMABAD: National Assembly Speaker Raja Pervez Ashraf on Friday visited the Embassy of Palestine in Pakistan and...

Published 21 Oct, 2023 06:05am

PTI seeks ECP’s written order on symbol ‘bat’ swiftly

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Friday reiterated its demand that the Election Commission of Pakistan...

Published 21 Oct, 2023 06:05am

Trials of civilians in military courts: PTI lauds SC bench’s setup to take up identical pleas on 23rd

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Friday lauded constitution of a bench by Supreme Court of Pakistan to...

Published 21 Oct, 2023 06:05am

PTI body slams protective bail to Nawaz

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) core committee on Friday said that the grant of protective bail by the...

Published 21 Oct, 2023 06:05am

PM offers Friday prayer at Urumqi’s historic mosque

URUMQI: Caretaker Prime Minister Anwaar-ul-Haq Kakar offered Friday prayer at the historic Hang Yang Grand Bazar...

Published 21 Oct, 2023 06:05am

PFA unearths group supplying fake cold drinks

LAHORE: The Punjab Food Authority (PFA) on Friday unearthed a group supplying fake and harmful cold drinks to the...

Published 21 Oct, 2023 06:05am

LHC turns down LDA plea

LAHORE: The Lahore High Court on Friday turned down a request of the Lahore Development Authority (LDA) to dispose ...

Published 21 Oct, 2023 06:05am

LHC orders to release 114 teachers

LAHORE: The Lahore High Court (LHC) on Friday directed the district government to release 114 teachers detained ...

Published 21 Oct, 2023 06:05am

KP CM discusses foreign funded projects with Secretary EAD, ADB

PESHAWAR: Caretaker Chief Minister Khyber Pakhtunkhwa Muhammad Azam Khan was called on by Federal Secretary for...

Published 21 Oct, 2023 06:05am

JCP recommends Justice Irfan Saadat as SC judge

ISLAMABAD: Judicial Commission of Pakistan (JCP), on Friday, unanimously, recommended the name of Acting Chief...

Published 21 Oct, 2023 06:05am

Naval chief calls on governor: Issues of mutual interest discussed in detail

LAHORE: Chief of Naval Staff Admiral Naveed Ashraf called on Governor Punjab Muhammad Balighur Rehman here on Friday...

Published 21 Oct, 2023 06:05am

‘7,147 dengue cases confirmed, no death reported in Punjab’

LAHORE: No death due to dengue occurred in the province of Punjab during the last 24 hours and the news aired by...

Published 21 Oct, 2023 06:05am

Local medical devices, equipment sector: Experts urge govt’s support to develop

KARACHI: Healthcare experts urged for the government’s support and collaboration of stakeholders to develop the...

Published 21 Oct, 2023 06:05am

Meeting with member of CCPC Politburo: China cornerstone of Pak foreign policy, anchor of regional peace: PM

URUMQI: Prime Minister Anwaar-ul-Haq Kakar on Friday met Ma Xingrui, member of the Politburo of Central Committee of...

Published 21 Oct, 2023 06:05am

Rates

Auto sector leads rally

KARACHI: A bullish trend continued on Pakistan Stock Exchange on Friday on the back of aggressive buying, mainly in...

Published 21 Oct, 2023 06:05am

PARTLY FACETIOUS: The fall of Plan-A?

“What is good for the goose is not good for the gander.” “The actual proverb is what is good for the goose is...

Published 21 Oct, 2023 06:05am

There’s hope for a better tomorrow

Pakistan is undergoing testing times in political stability and economic sustainability. Hope for a better tomorrow...

Published 21 Oct, 2023 06:05am

A point to ponder

It is a story that will keep you glued to your TV sets once you have viewed a few episodes. This is the story of...

Published 21 Oct, 2023 06:05am

Letters

‘Elderly Biden acting shrewdly’

This is apropos a Letter to the Editor “Elderly Biden acting shrewdly” carried by the newspaper yesterday. In ...

Published 21 Oct, 2023 06:05am

Stocks

Wall St slides as Treasury yields stay high

NEW YORK: Wall Street’s main indexes dropped on Friday as US Treasury yields hovered near multi-year highs...

Published 21 Oct, 2023 06:05am

Stocks

European shares drop to seven-month low on rate jitters

PARIS: European shares fell on Friday and posted their biggest weekly loss in seven months as concerns about a wider...

Published 21 Oct, 2023 06:05am

Stocks

Mounting US rate worries drag Indian shares to weekly losses

BENGALURU: India’s blue-chip indexes fell on Friday and logged weekly gains, dragged by consumer stocks on...

Published 21 Oct, 2023 06:05am

Stocks

China stocks see worst week in 2023 on Middle East concerns

SHANGHAI: Chinese stocks fell for a third session on Friday, tracking weaker global peers amid worries stemming from...

Published 21 Oct, 2023 06:05am

Stocks

Tokyo stocks close lower

TOKYO: Tokyo stocks closed lower on Friday after falls on Wall Street, but pharma group Daiichi Sankyo soared over ...

Published 21 Oct, 2023 06:05am

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 Oct, 2023 06:05am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (October 20, 2023). ========================== KIBOR...

Published 21 Oct, 2023 06:05am

Forex

Open market rates of foreign currencies

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

Published 21 Oct, 2023 06:05am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (October 20, 2023). ======================== Open Bid ...

Published 21 Oct, 2023 06:05am

Forex

Kerb buying and selling rate of US dollar

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

Published 21 Oct, 2023 06:05am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (October 20, 2023). ==================================== BR...

Published 21 Oct, 2023 06:05am

MoFA takes big step to help boost inward FDI flows

A dedicated Economic Diplomacy/SIFC Division at MOFA has been pre-designated from existing resources to act as a focal point between government and foreign entities bringing in investment

Updated 21 Oct, 2023 04:48pm

Nawaz likely to re-conquer Punjab, KPK

LAHORE: All is set for the return of PML-N supremo to the country and a big power show of the party at...

Updated 21 Oct, 2023 04:50pm

Different projects/programmes: World Bank for adhering to agreed timelines

ISLAMABAD: Expressing concerns at the delays in different projects/programs, the World Bank has urged the...

Updated 21 Oct, 2023 04:49pm

FD invites nominations for appointment of ETDB VP

ISLAMABAD: The Finance Division has invited nominations for the appointment of vice president in the Economic...

Updated 21 Oct, 2023 04:50pm

China tightens curbs on graphite exports

BEIJING: China said on Friday it will require export permits for some graphite products to protect national ...

Published 21 Oct, 2023 06:05am

SPI inflation down 1.7pc WoW

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the current week, ended 19th October 2023, decreased...

Updated 21 Oct, 2023 08:53am

Q1 IT, ITeS export remittances up 3.3pc to $655m YoY

ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call centre...

Updated 21 Oct, 2023 04:50pm

Rs3bn projects or above: Ministry irked by failure to appoint independent directors

ISLAMABAD: Ministry of Planning, Development and Special Initiatives (M/o PD&SI) has shown annoyance at all...

Updated 21 Oct, 2023 09:10am

Elections, military trial of civilians: SC set to hear crucial cases on Monday

ISLAMABAD: The Supreme Court will hear petitions seeking general elections within 90 days and challenging military...

Updated 21 Oct, 2023 08:44am

Restriction imposed by FBR: Traders facing issues while filing sales tax returns

ISLAMABAD: The importers and traders are facing serious technical problems in filing of sales tax returns due to...

Updated 21 Oct, 2023 09:47am

Missile parts supplies to Pakistan? US puts sanctions on three Chinese companies

WASHINGTON: The United States is imposing sanctions on three China-based companies that it said on Friday have...

Updated 21 Oct, 2023 08:52am

Export of skilled manpower can help country fetch huge forex: LCCI president

LAHORE: Lahore Chamber of Commerce and Industry President Kashif Anwar has said that Pakistan can fetch huge foreign...

Published 21 Oct, 2023 06:05am

FF Steel gets Public Limited Company status

PESHAWAR: FF Steel (Frontier Foundry Steel (Pvt) Ltd), the largest unlisted steel manufacturing company in Pakistan,...

Published 21 Oct, 2023 06:05am

Why have industrial insurers failed to obtain claims?

LAHORE: Majority of the industrial insurers failed to obtain insurance claims because of the incompetent and...

Published 21 Oct, 2023 06:05am

Art of the possible

EDITORIAL: PTI (Pakistan Tehreek-e-Insaf) is clearly trying to wriggle out of its isolation, moving pieces across ...

Published 21 Oct, 2023 06:05am

Illicit and unacceptable

EDITORIAL: An awkward story involving abuse of Pakistani passport has surfaced in Saudi Arabia. According to a press...

Published 21 Oct, 2023 06:05am

Zong 4G signs MoU with LCCI to strengthen business ecosystem

ISLAMABAD: Zong 4G, Pakistan’s leading digital network, signed a Memorandum of Understanding (MoU) with Lahore...

Published 21 Oct, 2023 06:05am

Forex market needs continuity of reforms: Azfar Ahsan

KARACHI: “To stabilize the rupee, the government needs to bring reforms and address the existing deficiencies in...

Published 21 Oct, 2023 06:05am

Energy

PSO ascends to new heights, asserting market dominance with record-breaking profits

KARACHI: Pakistan State Oil (PSO), the national energy icon, has showcased its unwavering determination and...

Published 21 Oct, 2023 06:05am

Energy

SSGC-AE, PMTF ink memo to promote renewable natural gas

KARACHI: SSGC Alternate Energy (Pvt) Limited (SSGC-AE) and Pakistan Machine Tool Factory (PMTF) have entered into a...

Published 21 Oct, 2023 06:05am

Money & Banking

Asian currencies slip as bond sell-off dampens risk sentiment

BENGALURU: Emerging Asian currencies remained subdued on Friday and equities slid, pressured by a continuing surge ...

Published 21 Oct, 2023 06:05am

Industry

Import of fruit from Afghanistan: Traders reveal ‘corrupt practices’ in clearance

PESHAWAR: Fruit merchants here unmasked ‘corruption practices’ in connivance with authorities concerned in...

Published 21 Oct, 2023 06:05am

Industry

Agri modernisation: Pakistan to learn from Xinjiang's success: PM

URUMQI, China: Prime Minister Anwaar-ul-Haq Kakar has expressed Pakistan's interest in partnering with Xinjiang in...

Published 21 Oct, 2023 06:05am

Industry

Commissioner assures power supply to small industries

HYDERABAD: Commissioner Hyderabad division Khalid Hyder Shah has said that considering the increased population in...

Published 21 Oct, 2023 06:05am

Money & Banking

Dollar hits 150 yen then dips on intervention jitters

NEW YORK: The dollar touched the closely watched 150 level against the yen on Friday after the benchmark 10-year...

Published 21 Oct, 2023 06:05am

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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