News Archives for Print - 2023-11-20

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Print - 2023-11-20

Women’s cricket team announced for New Zealand tour

LAHORE: Fatima Sana, Omaima Sohail and Shawaal Zulfiqar stage a comeback in the Pakistan women’s team as the...

Published 20 Nov, 2023 06:28am

US Treasuries: 10-year Treasury yield briefly hits 2-month low

NEW YORK: The steep decline in US Treasury yields since the start of November continued on Friday with those on the...

Published 20 Nov, 2023 06:28am

Ousted OpenAI CEO Altman discusses possible return, mulls new AI venture

NEW YORK: Sam Altman, the just ousted CEO of OpenAI, is discussing a possible return to the company behind the...

Published 20 Nov, 2023 06:28am

Europe

Britain plans sweetener for residents near new power networks

LONDON: British finance minister Jeremy Hunt will offer discounts on energy bills to people who live near new...

Published 20 Nov, 2023 06:28am

Asia

Indonesia train, bus crash kills 11

JAKARTA: A collision between a train and a minibus at a level crossing in the east of Indonesia’s most populous...

Published 20 Nov, 2023 06:28am

Europe

European countries differ over windfall taxes on banks

STOCKHOLM: Some European countries have imposed windfall taxes on banks’ profits to help fund their response to ...

Published 20 Nov, 2023 06:28am

South Asia

Bangladesh upholds ban on key opposition party

DHAKA: Bangladesh’s highest court on Sunday upheld a ban on the country’s largest Islamist party taking part in...

Updated 20 Nov, 2023 07:44am

Hamas battles Israeli forces in north Gaza, amid hopes of hostage deal

GAZA/OCCUPIED JERUSALEM: Hamas gunmen battled Israeli forces trying to push into Gaza’s largest refugee camp on...

Updated 20 Nov, 2023 07:43am

Punjab CM visits Bagh-e-Jinnah, decides to modernize it

LAHORE: Bagh-e-Jinnah will be made a garden of an international standard. Chief Minister Punjab Mohsin Naqvi has...

Published 20 Nov, 2023 06:28am

Aibak Polo Cup: two matches decided

LAHORE: Newage Cables/Master Paints recorded a close victory against DS Polo/Sheikhoo Steel, while Diamond Paints...

Published 20 Nov, 2023 06:28am

Seminar held to mark ‘Universal Children’s Day’

HYDERABAD: On the occasion of the Universal Children’s Day, children from different child rights clubs gathered at...

Published 20 Nov, 2023 06:28am

Middle East

Israel-Hamas hostage deal edges closer despite fierce fighting in Gaza

GAZA/OCCUPIED JERUSALEM: Hamas gunmen battled Israeli forces trying to push into Gaza’s largest refugee camp on...

Updated 20 Nov, 2023 07:42am

Breast cancer causes 44,000 deaths annually: Begum Alvi

ISLAMABAD: First Lady Begum Samina Alvi on Sunday said that nearly 44,000 women died of breast cancer every year in...

Published 20 Nov, 2023 06:28am

Fight against air pollution: PHA to distribute e-bikes to staff today

LAHORE: The Parks and Horticulture Authority (PHA) of Lahore will distribute the first batch of electric bikes to ...

Published 20 Nov, 2023 06:28am

134 cyclists participate in Bajaur, Mohmand ‘peace cycle gala’

KARACHI: Mohmand district witnessed a vibrant conclusion to the Mohmand, Bajaur Peace Cycle Gala. Organised in...

Published 20 Nov, 2023 06:28am

Germany, France and Italy reach agreement on future AI regulation

BERLIN: France, Germany and Italy have reached an agreement on how artificial intelligence should be regulated,...

Published 20 Nov, 2023 06:28am

The Weather

KARACHI: The weather report on Sunday (November 19, 2023) and the forecast for Monday (November 20, 2023)....

Published 20 Nov, 2023 06:28am

Ashrafi highlights reason behind expulsion of illegal Afghans

ISLAMABAD: Special Representative to the Prime Minister on Religious Harmony and the Pakistani Diaspora in Middle...

Published 20 Nov, 2023 06:28am

Nawaz will be next PM, claims Marriyum

LAHORE: Pakistan Muslim League-Nawaz (PML-N) leader Marriyum Aurangzeb said on Sunday that her party’s Quaid Mian...

Published 20 Nov, 2023 06:28am

Fazl, Haideri re-elected Ameer, GS JUI-F unanimously

PESHAWAR: A meeting of the general council meeting of JUI-F unanimously elected Maulana Fazalur Rehman as central...

Published 20 Nov, 2023 06:28am

Zardari says has full confidence in the integrity of ECP

ISLAMABAD: Pakistan People’s Party (PPP) co-chairman Asif Ali Zardari said that the country is moving towards...

Published 20 Nov, 2023 06:28am

CM reaches out to affected children in Chakwal

LAHORE: A molestation case with the children in the madressah of Chakwal occurred. Chief Minister Punjab Mohsin ...

Published 20 Nov, 2023 06:28am

JI chief assails major politicians for their ‘silence’ on Gaza genocide

LAHORE: Chief of Jamaat-e-Islami (JI) Sirajul Haq has condemned the mainstream political leadership’s silence...

Published 20 Nov, 2023 06:28am

Punjab: five marriage halls sealed, Rs4.3m fine imposed

LAHORE: On the directive of Punjab Chief Minister Mohsin Naqvi, stringent measures are being implemented against the...

Published 20 Nov, 2023 06:28am

Awareness walk on ‘World Pneumonia Day’ held

LAHORE: Pneumonia is fatal for infants and weak people as aged people and children with low immunity are the easy...

Published 20 Nov, 2023 06:28am

Climate change termed a ticking bomb waiting to go off

ISLAMABAD: Pakistan People’s Party (PPP) Vice President Senator Sherry Rehman emphasised the urgency of addressing...

Published 20 Nov, 2023 06:28am

Road Traffic Victims Rescue 1122 marks World Day of Remembrance

LAHORE: The Emergency Services organized a ceremony to commemorate the World Day of Remembrance for Road Traffic...

Published 20 Nov, 2023 06:28am

Punjab police showing no leniency tounderage drivers

LAHORE: On the directions of Chief Minister Punjab Syed Mohsin Naqvi, Punjab Police’s strict crackdown on underage...

Published 20 Nov, 2023 06:28am

Flood-hit districts: USAID contributes for agri revitalization

PESHAWAR: The USAID’s Economic Recovery and Development Activity (USAID-ERDA) has made remarkable contributions ...

Published 20 Nov, 2023 06:28am

Steps urged to combat growing challenge of diabetes

KARACHI: Health experts on Sunday said that in Pakistan a staggering 33 million people currently live with diabetes,...

Published 20 Nov, 2023 06:28am

CM visits shrine of Abdullah Shah Ghazi

KARACHI: The caretaker Chief Minister Sindh Maqbool Baqar visited the shrine of Hazrat Abdullah Shah Ghazi here on...

Published 20 Nov, 2023 06:28am

PCAA upgrades Turbat airport

TURBAT: The Pakistan Civil Aviation Authority has upgraded the Turbat International Airport. The PCAA upgraded the...

Published 20 Nov, 2023 06:28am

MDCAT conducted in LUMHS

HYDERABAD: The Medical and Dental College Admission Test (MDCAT) for admission in courses of MBBS & BDS for the...

Published 20 Nov, 2023 06:28am

Iranian envoy calls on Zardari

KARACHI: Iranian Ambassador to Pakistan Reza Amiri Moghadam called on the President of Pakistan Peoples Party...

Published 20 Nov, 2023 06:28am

PDP assails OIC for lukewarm response to plight of Palestinians

KARACHI: The Gaza genocide, the biggest holocaust in the history of world, is continuing with impunity because the...

Published 20 Nov, 2023 06:28am

Sindh trying to promote local tourism: minister

KARACHI: Caretaker Provincial Minister for Tourism and Environment Arshad Wali Muhammad has said that the Sindh...

Published 20 Nov, 2023 06:28am

SSUET organises workshop on OBE

KARACHI: Sir Syed University of Engineering & Technology (SSUET) organised a 2-day workshop on Outcome Based...

Published 20 Nov, 2023 06:28am

Official underscores need for reducing RTA deaths

LAHORE: The Emergency Services organized a ceremony to commemorate ‘World Day of Remembrance for Road Traffic...

Updated 20 Nov, 2023 09:48am

Three die in roadside bomb blast in Turbat

TURBAT: Three people were killed in a roadside bomb blast that hit a car in the Balgtar area of District Kech in...

Published 20 Nov, 2023 06:28am

Solangi leaves for Maldives

ISLAMABAD: Caretaker Minister of Information and Broadcasting Murtaza Solangi has left Maldives after attending the...

Published 20 Nov, 2023 06:28am

Urea talks continue with Russia, China, Azerbaijan

The government is engaged with Russia, China and Azerbaijan for purchase of 0.2 million tons of urea fertiliser for Rabi season

Updated 20 Nov, 2023 09:53am

ECC approves Rs20bn for Green Corporate Initiative

ISLAMABAD: The Economic Coordination Committee (ECC) has accorded approval for release of Rs 20 billion to Green...

Updated 20 Nov, 2023 09:47am

Working on contract basis: Ministry asked to serve notices on 10 judicial members

ISLAMABAD: The Chief Justice Islamabad High Court (IHC) has observed that non-filing of replies/ comments by ten...

Updated 20 Nov, 2023 09:04am

Napoleon’s hat sells for record sum at French auction

PARIS: A hat belonging to Napoleon Bonaparte when he was French emperor sold for a record of nearly two million...

Updated 20 Nov, 2023 09:02am

Khamenei urges Muslim states to cut political ties with Israel

DUBAI: Iran’s Supreme Leader Ayatollah Ali Khamenei appealed to Muslim states with political ties with Israel to at...

Updated 20 Nov, 2023 09:02am

Team from PA, Muslim nations to visit China

BEIJING: Top foreign policy officials from the Palestinian Authority and four Muslim-majority countries will visit...

Updated 20 Nov, 2023 09:34am

Huthis say they seized Israeli vessel, Israel denies

HODEIDA, (Yemen): Yemen’s Iran-backed Huthi rebels said on Sunday they had seized an Israeli ship in the Red Sea, a...

Updated 20 Nov, 2023 09:32am

Polls open in knife-edge Argentine election

BUENOS AIRES: Argentines voted Sunday in a nail-biter election pitting Economy Minister Sergio Massa against ...

Updated 20 Nov, 2023 07:31am

Bayer ordered to pay $1.56bn in latest US trial loss

WASHINGTON: A Missouri jury ordered Bayer to pay $1.56 billion to four plaintiffs who claimed the company’s Roundup...

Updated 20 Nov, 2023 09:03am

Bilawal reiterates support to PIA employees

KARACHI: Completely throwing his weight behind the Pakistan International Airlines’ employees protest against...

Updated 20 Nov, 2023 09:03am

Rates

PKR ends losing streak

KARACHI: The rupee snapped its losing streak as it closed the week 0.18% or Re0.53 higher in the inter-bank market...

Published 20 Nov, 2023 06:28am

Afghan refugees: UNHCR, PPAF join hands to improve livelihoods

PESHAWAR: Pakistan Poverty Alleviation Fund (PPAF) has embarked upon the distribution of productive livelihood ...

Published 20 Nov, 2023 06:28am

Climate change, rising global temperature affect fisheries: expert

PESHAWAR: Capture fisheries are on the decline in the country due to number for factors including climate change and...

Published 20 Nov, 2023 06:28am

VCs for public sector varsities: KP CM for early completion of hiring process

PESHAWAR: Caretaker Chief Minister Khyber Pakhtunkhwa Former Justice Syed Arshad Hussain Shah has directed the...

Published 20 Nov, 2023 06:28am

Energy

Sheikh opposes increase in gas tariff

LAHORE: The Presidential candidate of the Federation of Pakistan Chambers of Commerce & Industries’ (FPCCI)...

Published 20 Nov, 2023 06:28am

Cotton & Textile

Weekly Cotton Review: Spot rate decreases amid dull business

KARACHI: The production of cotton till now is said to be seventy three lac and seventy thousand bales; however, the...

Published 20 Nov, 2023 06:28am

SIFC making waves?

Special Facilitation Investment Committee (SIFC) was established by the Shehbaz Sharif-led government on 17 June...

Updated 20 Nov, 2023 07:08am

Country’s higher education needs a revolution

If Pakistan must pick one revolution, that must be in education, which will ultimately lay the foundations for IT ...

Updated 20 Nov, 2023 07:09am

How more will India regress?

EDITORIAL: How ironic it is that a party and its spiritual, cultural and political fountainhead that traditionally...

Published 20 Nov, 2023 06:28am

Letters

Dar and his ubiquitous influence

This is apropos a Business Recorder editorial ‘Not the same old policies, please’ carried by the newspaper...

Published 20 Nov, 2023 06:28am

Commodities

Prices of essential commodities remain high

PESHAWAR: Prices of essential food commodities, like vegetables, pulses, fruits, live chicken/meat, sugar and flour...

Published 20 Nov, 2023 06:28am

Export or perish

The fundamental problem of our economy is that balance of payments crises and a perpetual risk of default have ...

Updated 20 Nov, 2023 07:16am

Stocks

Tokyo shares close higher

TOKYO: Tokyo stocks shrugged off earlier losses to close higher on Friday despite US shares being weighed down by...

Published 20 Nov, 2023 06:28am

Stocks

FTSE indexes eye sharp weekly gains on peak-rate optimism

LONDON: The UK’s main stock indexes rallied to close over 1% higher on Friday and notched steep weekly gains after...

Published 20 Nov, 2023 06:28am

Stocks

Most Gulf markets gain on rising oil prices

DUBAI: Most stock markets in the Gulf ended higher on Sunday in response to Friday’s rise in oil prices, with the...

Published 20 Nov, 2023 06:28am

Stocks

Futures spread up 636bps

KARACHI: The futures spread increased by 636bps to 26.71 percent on the last day of the outgoing week. Trading...

Published 20 Nov, 2023 06:28am

Stocks

Wall Street Week Ahead: After breathtaking surge, US stocks’ path may rest on economic soft landing

NEW YORK: Are US stocks poised to continue their dramatic run, or is a pause ahead? That’s the question investors...

Published 20 Nov, 2023 06:28am

Stocks

PSX hits historic highest levels

KARACHI: Pakistan Stock Exchange witnessed bullish trend and hit historic highest levels with exceptionally...

Published 20 Nov, 2023 06:28am

Energy

OPEC+ to consider whether more oil cuts needed

MOSCOW/LONDON: OPEC+ is set to consider whether to make additional oil supply cuts when the group meets later this...

Published 20 Nov, 2023 06:28am

Energy

Saudi announces new gas discoveries in Empty Quarter, Eastern Province

RIYADH: Saudi Aramco has discovered two new natural gas fields in the Empty Quarter region, the state news agency...

Published 20 Nov, 2023 06:28am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday November 19, 2023

Published 20 Nov, 2023 06:28am

Industry

REAP concerned at transportation impediments caused by Axle load restrictions

LAHORE: Expressing concern over axle load restrictions recently slapped by the Punjab Government, Haseeb Ali Khan,...

Published 20 Nov, 2023 06:28am

Socioeconomic landscape in Pakistan: CPEC has transformational impact: Ahsan

BEIJING: The China-Pakistan Economic Corridor (CPEC), a flagship project of China’s Belt and Road Initiative ...

Published 20 Nov, 2023 06:28am

Industry

GCCI for making Gwadar port operational on permanent basis

KARACHI: Gwadar Chamber of Commerce & Industry (GCCI) is taking efforts to operationalise the Gwadar port on...

Published 20 Nov, 2023 06:28am

The IMF staff-level agreement

EDITORIAL: Caretaker finance minister Shamshad Akhtar, together with Governor State Bank of Pakistan, successfully...

Updated 20 Nov, 2023 07:07am

Money & Banking

China’s yuan set for best week in 2 months

SHANGHAI: The yuan was steady on Friday and set for its biggest weekly gain in two months against a broadly softer...

Published 20 Nov, 2023 06:28am

Money & Banking

Companies

GM’s Cruise CEO offers apology, will allow share sales

SAN FRANCISCO: The CEO of Cruise, General Motors’ robot taxi unit, on Saturday apologized for the company’s...

Published 20 Nov, 2023 06:28am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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