News Archives for Print - 2023-10-30

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Print - 2023-10-30

Seven killed in accidents

LAHORE: Seven people were killed in two separate shooting incidents in Lahore. A young man was killed in a minor...

Published 30 Oct, 2023 05:24am

Maulana Tariq Jamil’s son passes away

KARACHI: Asim Jamil, son of renowned Islamic scholar Maulana Tariq Jamil, passed away in Punjab’s Talamba on...

Published 30 Oct, 2023 05:24am

CM pays visit to General and Mayo Hospital

LAHORE: Upgradation work of General hospital and Mayo Hospital also gained speed owing to ‘’Mohsin Speed....

Published 30 Oct, 2023 05:24am

Encroachments alongside M-9 cause traffic gridlocks

KARACHI: Encroachments alongside Karachi-Hyderabad M-9 Motorway and starting point of Lyari Expressway show gross...

Published 30 Oct, 2023 05:24am

LPC hosts polo tournament to raise awareness about breast cancer

LAHORE: To commemorate the cause of breast cancer awareness in October, the Lahore Polo Club hosted the Lahore Smart...

Published 30 Oct, 2023 05:24am

JI holds big rally against Israel’s atrocities in Gaza

ISLAMABAD: Hundreds of thousands of people belonging to different walks of life held a mammoth rally on Sunday...

Published 30 Oct, 2023 05:24am

Australian varsity announces scholarships

LAHORE: Australia’s University of Wollongong (UOW) has announced its most prestigious Vice-Chancellor’s...

Published 30 Oct, 2023 05:24am

Economic challenges highlighted

ISLAMABAD: The two-day EconFest event concluded here on Sunday where experts and politicians discussed innovative...

Updated 30 Oct, 2023 11:53am

Importance of pest control highlighted

KARACHI: Speakers at a training program on urban pest management at the University of Karachi highlighted the...

Published 30 Oct, 2023 05:24am

West Indies Women-A win one day series

LAHORE: West Indies Women-A scaled down the target of 163 in 44.5 overs to win the third and final match against...

Published 30 Oct, 2023 05:24am

KP govt draws up action plan against drug mafia

PESHAWAR: Narcotics Control Wing of Khyber Pakhtunkhwa Excise, Taxation and Narcotics Control (ET&NC) has drawn...

Published 30 Oct, 2023 05:24am

CM greets people of Turkiye

LAHORE: Chief Minister Punjab Mohsin Naqvi has congratulated the leadership of Turkiye, people of Turkiye, ...

Published 30 Oct, 2023 05:24am

Ombudsman provides financial relief to complainants

LAHORE: The Complainant Afzal Shaheen, son of Munir Shaheen Hashmi, resident of Dipalpur, Okara, complained to the...

Published 30 Oct, 2023 05:24am

As many as 24,254 runs scored in 29 matches of Quaid-e-Azam Trophy

LAHORE: A total of 24,254 runs were scored in as many as 29 matches of the Quaid-e-Azam Trophy 2023-24 with 730...

Published 30 Oct, 2023 05:24am

Over 12,000 candidates take test to get admission in Sindh varsity

HYDERABAD: In a remarkable demonstration of academic ambition, the pre-entry test was conducted in the second phase...

Published 30 Oct, 2023 05:24am

Europe

Britain scraps cap on banker bonuses inherited from EU

LONDON: Britain on Tuesday scrapped a decade-old cap on banker bonuses inherited from the European Union, signalling...

Published 30 Oct, 2023 05:24am

Europe

Russians remember Stalin’s victims amid crackdown on dissent

MOSCOW: Russians commemorated the victims of Stalinist terror on Sunday, more than 20 months into Moscow’s Ukraine...

Published 30 Oct, 2023 05:24am

Kazakhstan mourns for 42 dead in Arcelor Mittal mine disaster

KARAGANDA, (Kazakhstan): Kazakhstan held nationwide mourning on Sunday after 42 people died in a blaze at an...

Published 30 Oct, 2023 05:24am

PM greets Turkish nation on centenary of Turkiye

ISLAMABAD: The caretaker Prime Minister Anwaar-ul-Haq Kakar on Sunday congratulated the Turkish nation on ...

Published 30 Oct, 2023 05:24am

IGP visits Punjab Constabulary Headquarters

LAHORE: Inspector General Police Punjab Dr Usman Anwar visited Punjab Constabulary Headquarters Farooqabad. He...

Published 30 Oct, 2023 05:24am

Punjab all set to launch polio virus outbreak response

LAHORE: Punjab is all set to launch an outbreak response in four districts from Monday (Today) after national...

Published 30 Oct, 2023 05:24am

The Weather

KARACHI: The weather report on Sunday (October 29, 2023) and the forecast for Monday (October 30, 2023)....

Published 30 Oct, 2023 05:24am

Rates

PSX witnesses mixed trend

KARACHI: Pakistan Stock Exchange witnessed mixed trend during the outgoing week ended on October 27, 2023 as the...

Published 30 Oct, 2023 05:24am

Rates

Futures spread down 657bps

KARACHI: The futures spread declined by 657bps to 11.48 percent on the last day of the outgoing week. Trading...

Published 30 Oct, 2023 05:24am

Sibi-Harnai train service restored after 18 years

QUETTA: Pakistan Railways has restored the Sibi-Harnai railway service for traffic after 18 years. Caretaker Chief...

Updated 30 Oct, 2023 09:09am

Taxes

Restructuring of PRAL under way

ISLAMABAD: The Federal Board of Revenue (FBR) has started a major reform of “digital tax transformation” in the FBR...

Updated 30 Oct, 2023 09:48am

Bomb kills two, hurts dozens at Kerala Christian convention

THIRUVANANTHAPURAM, (India): A suspected bomb blast during a Christian prayer meeting in India’s southern state of...

Updated 30 Oct, 2023 09:08am

Rates

PKR declines

KARACHI: The rupee declined against the US dollar for another week as it closed 0.63% or Rs1.77 lower in the...

Published 30 Oct, 2023 05:24am

Interest Rates

Fed may pause again with rates at 22-year high

WASHINGTON: The Federal Reserve will likely announce it is holding interest rates at a 22-year high on Wednesday, as...

Updated 30 Oct, 2023 08:50am

Commodities

Price of chicken fixed

KARACHI: Karachi commissioner has issued a notification on the pricing of chicken in the city. The price of chicken...

Updated 30 Oct, 2023 06:22am

Energy

Small traders oppose hike in gas tariffs

HYDERABAD: President of Hyderabad Chamber of Small Traders & Small Industry Muhammad Farooq Shaikhani has said...

Published 30 Oct, 2023 05:24am

Energy

Industry rejects gas tariff hike

PESHAWAR: Industrialists have rejected the recent unprecedented increase in natural gas prices and called it...

Published 30 Oct, 2023 05:24am

Cotton & Textile

Weekly Cotton Review: Rates rise amid speculations about production

KARACHI: A good increase of up to Rs 2,000 per maund was witnessed in the price of cotton, and the spot rate also...

Published 30 Oct, 2023 05:24am

Reliance on foreign loans

Economic Affairs Division in its foreign economic assistance (FEA) data disclosed a 58 percent rise in foreign loan...

Updated 30 Oct, 2023 05:51am

No more gas circular debt buildup?

Gas price rationalization is a big reform undertaken by the caretaker government in view of the fact that in the ...

Updated 30 Oct, 2023 06:01am

Letters

Karachi: We need to protect, preserve all landmarks

Situated on Preedy Street with Peshawari Ice Cream outlet on its left, Khyber Hotel on its right, Jahangir Park on...

Published 30 Oct, 2023 05:24am

Commodities

Peshawar: prices of essential items show mixed trend

PESHAWAR: Mixed trend in prices of essential food commodities, including vegetables, live chicken/meat, pulses, ...

Published 30 Oct, 2023 05:24am

Net zero and Pakistan’s energy system: no more business as usual

Net Zero is an international agreement for climate action that aims to achieve a balanced state of greenhouse gases...

Updated 30 Oct, 2023 06:07am

Energy

FESCO chief says will turn Madina Town into a ‘model’ Sub-Division

FAISALABAD: Chairman FESCO WAPDA Malik Tehseen Awan announced to make Madina Town Sub-Division a Model Sub-Division...

Published 30 Oct, 2023 05:24am

Stocks

Nasdaq gains, S&P 500, Dow drop at close of earnings-packed week

NEW YORK: US stocks were mixed on Friday, losing momentum as the session progressed as investors digested a hectic...

Published 30 Oct, 2023 05:24am

Stocks

UAE shares mixed amid Mideast concerns

DUBAI: UAE equity indexes were mixed in a volatile market on Friday, as investors remained cautious amid the...

Published 30 Oct, 2023 05:24am

Stocks

Tokyo stocks end higher

TOKYO: Tokyo stocks ended higher on Friday, shrugging off falls on Wall Street as investors shifted focus to ...

Published 30 Oct, 2023 05:24am

Stocks

FTSE 100 logs weekly loss as lacklustre results weigh

LONDON: Britain’s FTSE 100 fell on Friday, with the benchmark index posting its second weekly drop after a series...

Published 30 Oct, 2023 05:24am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday October 30, 2023

Published 30 Oct, 2023 05:24am

Remittance inflows likely to recover

Experts say that improvement inflows likely as PKR marked a significant comeback against US dollar in interbank and open market in last few weeks

Updated 30 Oct, 2023 10:05am

Incorrect tax liability: FTO summons FBR officials

ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Federal Board of Revenue (FBR) members IR-Policy and...

Updated 30 Oct, 2023 08:52am

Nov 23 to March 24: PPRA grants SLL exemption on LPG purchases

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has granted exemption to SSGC-LPG (Pvt.) Limited (SLL)...

Updated 30 Oct, 2023 09:46am

Israel steps up ground operation in Gaza

OCCUPIED JERUSALEM/GAZA: Israel signalled intent to encircle Gaza’s main city on Sunday, publishing pictures of...

Updated 30 Oct, 2023 09:47am

Trump pledges to reimpose Muslim ‘travel ban’

LAS VEGAS: Donald Trump used a speech to a Republican Jewish convention Saturday to promise reimposition of a...

Updated 30 Oct, 2023 08:50am

Punjab to approve 4-month budget today

LAHORE: In order to give approval to the budget of the coming four months for the Punjab province, Caretaker Chief...

Updated 30 Oct, 2023 08:50am

Irregularities in Guddu thermal power station: NAB seeks details of GHCL CEO, others

ISLAMABAD: National Accountability Bureau (NAB) has reportedly started probe against officials, retired or in...

Updated 30 Oct, 2023 09:09am

KPTMA seeks PM’s support to deal with challenges facing industry

PESHAWAR: In a resolute and impassioned plea, KP Textile Mills Association (KPTMA) Chairman, Muhammad Kamran Shah ...

Published 30 Oct, 2023 05:24am

ITR filing deadline: FPCCI seeks 15-day extension

KARACHI: Irfan Iqbal Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has ...

Published 30 Oct, 2023 05:24am

Efforts afoot to complete agri sector projects

ISLAMABAD: Keeping in view the importance of the agriculture sector, which is already on the top list of the Special...

Published 30 Oct, 2023 05:24am

Pakistan, China agree to fast-track Gwadar Port, ML-1 upgradation

LAHORE: Consul General of China in Lahore Zhao Shiren says the recently concluded 3rd Belt and Road Forum has...

Published 30 Oct, 2023 05:24am

Registration of cos: SECP urged to simplify procedures

PESHAWAR: The Industrialists Association Peshawar (IAP) president Ayub Zakori has urged the Securities and Exchange...

Published 30 Oct, 2023 05:24am

Power planning conundrum

EDITORIAL: There is utter confusion on the future course of power sector planning. Earlier this week, Nepra ...

Published 30 Oct, 2023 05:24am

Modi politics and the Pulwama attack

EDITORIAL: Pakistan has maintained all along that February 2019 deadly bombing on an Indian security forces convoy...

Updated 30 Oct, 2023 05:47am

Tighter credit, lending conditions build case for Fed policy hold

WASHINGTON: US Federal Reserve officials will likely leave their policy rate on hold at this week’s meeting thanks...

Published 30 Oct, 2023 05:24am

Money & Banking

StanChart Q3 profit slumps on China impairment charges

HONG KONG/LONDON: Standard Chartered (StanChart) on Thursday said third-quarter pre-tax profit fell by a third, much...

Published 30 Oct, 2023 05:24am

Saudi non-oil GDP seen at around 6pc in 2023 and beyond: minister

RIYADH: Saudi Arabia’s non-oil gross domestic product (GDP) is expected to grow by around 6 percent this year, the...

Published 30 Oct, 2023 05:24am

German economy likely shrunk in Q3: Bundesbank

FRANKFURT: Germany’s economy likely contracted in the third quarter, the Bundesbank said in a monthly report on...

Published 30 Oct, 2023 05:24am

Companies

Bank Alfalah records an impressive profit growth

KARACHI: The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on October 26, 2023, approved ...

Published 30 Oct, 2023 05:24am

Companies

ICBC Karachi hosts ‘RMB Clearing Bank Grand Opening Ceremony’ in Islamabad

ISLAMABAD: The Industrial and Commercial Bank of China (ICBC) Karachi Branch proudly hosted the “RMB Clearing Bank...

Published 30 Oct, 2023 05:24am

Industry

Apparel industry fully complies with labour laws: PHMA

FAISALABAD: Pakistan Hosiery Manufacturers and Exporters Association has observed that the report of NTUF is aimed ...

Published 30 Oct, 2023 05:24am

Money & Banking

Rouble hits over 6-week high

MOSCOW: The rouble leapt to a more than six-week high against the dollar on Friday after the Bank of Russia hiked...

Published 30 Oct, 2023 05:24am

Money & Banking

Yuan holds steady

SHANGHAI: China’s yuan held steady on Friday while its offshore counterpart managed light gains against a robust ...

Published 30 Oct, 2023 05:24am

Money & Banking

Latam FX, stocks advance after US inflation data

BENGALURU: Most Latin American currencies and stocks advanced on Friday after data in the United States reflected a...

Published 30 Oct, 2023 05:24am

Money & Banking

Indian rupee closes little changed

MUMBAI: The Indian rupee ended little changed after trading in a narrow range on Friday on a lack of fresh triggers...

Published 30 Oct, 2023 05:24am

Companies

Chevron’s third-quarter profit slumps

HOUSTON: Chevron posted a third-quarter profit that missed Wall Street estimates by a wide margin, sending its share...

Published 30 Oct, 2023 05:24am

Money & Banking

Eurozone banks tighten credit standards further: ECB

FRANKFURT: Eurozone banks tightened lending criteria further in the third quarter as higher interest rates bite, a...

Published 30 Oct, 2023 05:24am

Industry

Expert underscores need for developing aquaculture

PESHAWAR: An expert on aquaculture and former director Fisheries, Khyber Pakhtunkhwa, Omar Hayat Khan has said that...

Published 30 Oct, 2023 05:24am

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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