News Archives for Print - 2023-11-11

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Print - 2023-11-11

Companies

China’s biggest lender ICBC hit by ransomware attack

WASHINGTON: The Industrial and Commercial Bank of China’s (ICBC) US arm was hit by a ransomware attack that...

Published 11 Nov, 2023 06:30am

MBS slams Israel ahead of Gaza summits

RIYADH: Saudi Arabia’s ruler on Friday denounced the conduct of Israeli forces fighting Hamas in Gaza, ahead of...

Published 11 Nov, 2023 06:30am

‘No pressure’ Azam blasts critics as World Cup dream slips away

KOLKATA: Pakistan skipper Babar Azam blasted his critics on Friday, telling them “it’s easy to give advice on...

Published 11 Nov, 2023 06:30am

India and US push defence deals amid ‘global challenges’

NEW DELHI: India and the United States announced progress on key defence deals and said they would expand their...

Published 11 Nov, 2023 06:30am

Erdogan blasts Turkey’s top court, backs probe into judges

ISTANBUL: President Recep Tayyip Erdogan on Friday accused Turkey’s highest court of making repeated mistakes and...

Published 11 Nov, 2023 06:30am

36th Int’l Neurosurgery Conference inaugurated at LUMHS

HYDERABAD: The 36th International Neurosurgery Conference was inaugurated at Liaquat University of Medical &...

Published 11 Nov, 2023 06:30am

Saudi Arabian NDU delegation visits NUST

ISLAMABAD: A high-powered delegation from the Saudi Arabian National Defence University (SANDU), accompanied by...

Published 11 Nov, 2023 06:30am

Drug ‘smuggler’ held at airport

KARACHI: The Airport Security Force (ASF) has apprehended a passenger attempting to smuggle over 4 kilograms of...

Published 11 Nov, 2023 06:30am

DEPD, SSUET sign MoU

KARACHI: A Memorandum of Understanding (MoU) has been signed between the Regional Directorate of Special Education...

Published 11 Nov, 2023 06:30am

AKU, B’stan Education dept, UNICEF sign accord

KARACHI: The Aga Khan University’s Institute for Educational Development (AKU-IED) has signed an agreement with ...

Published 11 Nov, 2023 06:30am

Minister Jamal Shah visits NAPA, speaks about plans

KARACHI: The caretaker Federal Minister for National Heritage and Culture Jamal Shah said on Friday that the...

Published 11 Nov, 2023 06:30am

SHRC convenes Peace & Justice Coordination Committee

HYDERABAD: Commissioner Hyderabad Syed Khalid Hyder Shah presided the meeting of the Peace and Justice Coordination...

Published 11 Nov, 2023 06:30am

Thailand envoy meets Zaka Ashraf: Pakistan Women-A team defeats Thailand’s team in first T20

LAHORE: The Royal Thai Embassy team led by Ambassador Chakkrid Kraichaiwong visited Gaddafi Stadium, here on Friday...

Published 11 Nov, 2023 06:30am

One killed, 8 hurt as bus tire explodes at Shahrah-e-Faisal

KARACHI: A tragic incident unfolded on Friday when a high-speed bus suffered a tire explosion on Shahrah-e-Faisal....

Published 11 Nov, 2023 06:30am

Genomics Youth Camp opened

KARACHI: Goethe-Institut Pakistan and the PASCH Initiative have opened a three-day Genomics Youth Camp, an...

Published 11 Nov, 2023 06:30am

Govt hospitals in Sindh: ‘Buying of costly equipment as corruption practice not accepted’

KARACHI: Though the government hospitals in Sindh province need better equipment and facilities but at the same time...

Published 11 Nov, 2023 06:30am

Perks and privileges of senior officers: Babar urges Defence Ministry to respond to query

ISLAMABAD: Former Senator Farhatullah Babar has once again urged the Defence Ministry to respond to his query under...

Published 11 Nov, 2023 06:30am

The Weather

KARACHI: The weather report on Friday (November 10, 2023) and the forecast for Saturday (November 11, 2023)...

Published 11 Nov, 2023 06:30am

Toshakhana case: AC unfreezes Nawaz’s properties

ISLAMABAD: The Accountability Court, on Friday, withdrew its verdict to confiscate the assets of Pakistan Muslim...

Published 11 Nov, 2023 06:30am

PM, Abbas discuss situation

RIYADH: Caretaker Prime Minister Anwaar-ul-Haq Kakar Friday met with President of Palestine Mahmoud Abbas in Riyadh,...

Published 11 Nov, 2023 06:30am

Alvi speaks to Abbas, vows full support to Palestine cause

ISLAMABAD: President Dr Arif Alvi, Friday, telephoned Palestine President Mahmoud Abbas and assured Pakistan’s...

Published 11 Nov, 2023 06:30am

Making Shehbaz PM was need of the hour: Bilawal

KARACHI: Pakistan People’s Party chairman and former Foreign Minister Bilawal Bhutto Zardari has said that making...

Published 11 Nov, 2023 06:30am

High treason case: SC will hear late Musharraf’s appeal on 21st

ISLAMABAD: The Supreme Court will hear former president and army chief General (retired) Pervez Musharraf’s appeal...

Published 11 Nov, 2023 06:30am

Preliminary objections: Justice Naqvi seeks recusal of three SJC members

ISLAMABAD: Justice Sayyed Mazahar Ali Akbar Naqvi, a judge of the Supreme Court, on Friday, in his preliminary...

Published 11 Nov, 2023 06:30am

CM takes notice of forcible closure of shops

LAHORE: Taking notice of the closure of shops in Lahore by force on Friday, the caretaker Punjab Chief Minister...

Published 11 Nov, 2023 06:30am

Families of IK, Qureshi permitted to attend cypher trial

ISLAMABAD: The special court hearing the cypher case against Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and...

Published 11 Nov, 2023 06:30am

Widespread rain in Lahore helps reduce density of smog

LAHORE: Widespread rain in Lahore on Friday morning reduced the density of thick smog, as the Air Quality Index ...

Published 11 Nov, 2023 06:30am

Punjab CM visits Tablighi Jamaat congregation at Raiwind

LAHORE: Punjab Chief Minister Mohsin Naqvi visited the annual International Tablighi Jamaat congregation at Raiwind...

Published 11 Nov, 2023 06:30am

Deadline for submitting forms for PML-N tickets extended

LAHORE: In the wake of smog situation, the Pakistan Muslim League Nawaz (PML-N) has extended the last date for...

Published 11 Nov, 2023 06:30am

Youth Parliament delegation visits Palestinian embassy

ISLAMABAD: A delegation of the Youth Parliament visited the Palestinian Embassy on Friday and expressed solidarity...

Published 11 Nov, 2023 06:30am

JI demands removal of governors

KARACHI: Jamaat-e-Islami (JI) on Friday demanded for an immediate removal of the provincial governors with the...

Published 11 Nov, 2023 06:30am

Speaker NA pays tribute to Captain Sarwar Shaheed

ISLAMABAD: National Assembly Speaker Raja Pervaiz Ashraf paid tribute to the courage and bravery of Captain Raja...

Published 11 Nov, 2023 06:30am

PARTLY FACETIOUS: The source of corruption during the PTI govt

“I reckon someone up there likes The Man Who Must Remain Nameless.” “Excuse me? The guy has been in jail for...

Published 11 Nov, 2023 06:30am

Wheat quota restriction: LHC rejects flour mill’s plea

LAHORE: The Lahore High Court rejecting the petition of a flour mill observed that the Article 18 protects the ...

Published 11 Nov, 2023 06:30am

Unchallenged grey market in Pakistan

The greatest challenge facing the country is its failing economy and one of the factors contributing towards it is...

Published 11 Nov, 2023 06:30am

Snacks and cricket

I am amused at this advert which appears frequently on TV channels during the ongoing World Cup. It is a bunch of...

Published 11 Nov, 2023 06:30am

Letters

All eyes on today’s Pakistan-England contest

Pakistan cricket team captain Babar Azam has rightly reacted to his critics who have been castigating him and his...

Published 11 Nov, 2023 06:30am

Stocks

Wall St rebounds as easing Treasury yields boost megacap stocks

NEW YORK: Wall Street’s main indexes gained on Friday as a slide in longer-dated Treasury yields boosted megacap...

Published 11 Nov, 2023 06:30am

Stocks

European shares ease from 3-week high

PARIS: European shares fell on Friday, hurt by higher bond yields, as hawkish comments from the US Federal Reserve...

Published 11 Nov, 2023 06:30am

Stocks

China, HK stocks fall as markets await more measures

SHANGHAI: China stocks dropped on Friday, weighed down by liquor and auto manufacturers, as analysts await more...

Published 11 Nov, 2023 06:30am

Stocks

Indian shares log second weekly gain on energy stocks boost

BENGALURU: Indian shares rose for a second consecutive week on Friday, led by energy stocks as oil prices fell, even...

Published 11 Nov, 2023 06:30am

Caretaker govt tells Senate: PIA sell-off plan still there in line with IMF deal

Caretaker minister for Information and Broadcasting Murtaza Solangi says PIA is still present on the privatization list

Updated 11 Nov, 2023 05:08pm

DII project: ECC approves Rs5bn as bridge finance from R&D Fund

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the release of Rs5 billion as...

Updated 11 Nov, 2023 09:32am

Evaluation of PIA assets: PC Board approves Earnest and Young-led consortium as FA

ISLAMABAD: Privatisation Commission’s Board has approved Earnest and Young-led consortium as financial advisor (FA)...

Updated 11 Nov, 2023 09:34am

Rs176bn receivables create liquidity issue for SNGPL

ISLAMABAD: Sui Northern Gas Pipeline Limited (SNGPL) said that it is facing grievous liquidity due to outstanding...

Updated 11 Nov, 2023 08:56am

Pakistan pins hopes on OIC summit

ISLAMABAD: Foreign Office said on Friday that Pakistan has high hopes from the OIC extraordinary summit being held...

Updated 11 Nov, 2023 09:36am

TAPI project: Turkmenistan seeks US nod for relaxation of Kabul sanctions?

ISLAMABAD: Turkmenistan is said to have approached Washington for relaxation of sanctions on Afghanistan for...

Updated 11 Nov, 2023 09:34am

Nepra appellate tribunal officials: Panel formed on conversion of pay scales

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has constituted a four-member panel on conversion of the pay...

Updated 11 Nov, 2023 08:55am

Rates

Bulls rule the roost

KARACHI: A bullish momentum continued at Pakistan Stock Exchange (PSX) on the last trading day of the week Friday....

Published 11 Nov, 2023 06:30am

IMF wants SOEs under CMU oversight

ISLAMABAD: The International Monetary Fund (IMF) is seeking the inclusion of state-owned enterprises (SOEs) -...

Updated 11 Nov, 2023 08:57am

Sept debt stocks down 2.6pc to Rs62.291trn MoM

KARACHI: The federal government’s total debt (domestic and external) stocks recorded a decline of 2.6 percent in...

Updated 11 Nov, 2023 08:55am

‘Negotiated instruments with other nations’: PM’s prior approval thru circulation made mandatory

ISLAMABAD: The federal government is said to have made the prime minister’s prior approval through circulation...

Updated 11 Nov, 2023 09:35am

Registered persons: FBR to expand scope of e-ST integration system

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to expand the scope of an electronic sales tax (e-ST)...

Updated 11 Nov, 2023 08:54am

Boosting ICT exports

EDITORIAL: For Pakistan to come out of its recurrent balance of payment rut, exports are required to grow at a fast...

Published 11 Nov, 2023 06:30am

Political class and elections

EDITORIAL: Normally, it is after the elections that leaders of major political parties visit the Karachi ...

Published 11 Nov, 2023 06:30am

Regulatory approvals: SECP notifies maximum period of 14 working days

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified a maximum period of 14 working ...

Published 11 Nov, 2023 06:30am

KOIMA, FPCCI sign MoU to enhance cooperation in various fields

ISLAMABAD: Korea Importers Association (KOIMA) and Federation of Pakistan Chambers of Commerce & Industry ...

Published 11 Nov, 2023 06:30am

Commodities

Gold prices rise

KARACHI: Gold prices on Friday bounced back with a sizeable gain on the local market, traders said. They grew by Rs...

Published 11 Nov, 2023 06:30am

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 11 Nov, 2023 06:30am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (November 10, 2023). ========================== KIBOR...

Published 11 Nov, 2023 06:30am

Forex

Open market rates of foreign currencies

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

Published 11 Nov, 2023 06:30am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (November 10, 2023). ==================================== BR...

Published 11 Nov, 2023 06:30am

Commodities

SPI inflation up 0.73pc WoW

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the current week, ended 8 November 2023, increased by...

Published 11 Nov, 2023 06:30am

Oct remittances up 9.6pc to $2.463bn YoY

KARACHI: Inflows of workers’ remittances recorded a notable 10 percent growth during October 2023 compared to the...

Published 11 Nov, 2023 06:30am

Real Estate

UAE firms to invest $25bn in real estate industry

KARACHI: A conglomerate of Real Estate companies from the United Arab Emirates will invest USD 20 to 25 billion in...

Published 11 Nov, 2023 06:30am

Industry

PHMA calls emergency EGM today

KARACHI: Pakistan Hosiery Manufacturers and Exporters Association (PHMA) on Friday called an emergency extraordinary...

Published 11 Nov, 2023 06:30am

‘SIM Disowning Charge’ to be applicable from Jan 1 2024: PTA

ISLAMABAD: Effective from 1st January 2024, cellular mobile operators in Pakistan and AJK and GB may levy a “SIM...

Published 11 Nov, 2023 06:30am

PM urged to extend income tax return filing deadline

ISLAMABAD: Tax advisers and tax experts have filed an appeal with the caretaker Prime Minister, Anwar-ul-Haq Kakar,...

Published 11 Nov, 2023 06:30am

Businesses forcibly closed by police, claims APAT

LAHORE: All Pakistan Anjuman Tajran (APAT) on Friday accused the police of forcing shopkeepers to close their...

Published 11 Nov, 2023 06:30am

Money & Banking

‘SBP to launch web portal to redress bank-related complaints’

FAISALABAD: Inflation has been reined in and will further decrease while other economic indicators are also expected...

Published 11 Nov, 2023 06:30am

Money & Banking

Dollar steady against euro, yen weakens

NEW YORK: The dollar held steady against the euro on Friday after Federal Reserve Chair Jerome Powell indicated that...

Published 11 Nov, 2023 06:30am

Money & Banking

Australia, NZ dlrs suffer rough week

SYDNEY: The Australian and New Zealand dollars were heading for a fifth session of losses on Friday as a spike in...

Published 11 Nov, 2023 06:30am

Money & Banking

Ringgit leads losses among Asian FX

BENGALURU: The Malaysian ringgit led losses among emerging Asian currencies and stock markets retreated on Friday,...

Published 11 Nov, 2023 06:30am

Industry

‘UBG made complete preparations for election on Dec 30’

KARACHI: President of United Business Group (UBG) Zubair Tufail has said that UBG has made complete preparations for...

Published 11 Nov, 2023 06:30am

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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