News Archives for Print - 2023-11-27

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Print - 2023-11-27

Hamas says brigade commander, 3 other military leaders dead

GAZA STRIP: Hamas’s military wing said Sunday that the commander of its northern brigade, Ahmed Al-Ghandour, and...

Published 27 Nov, 2023 06:13am

Middle East

Pressure mounts on Israel for longer Gaza pause

JERUSALEM: Israel faces mounting pressure to extend a four-day pause in its war against Hamas, but military ...

Published 27 Nov, 2023 06:13am

Asia

S Korea’s spy chief resigns

SEOUL: South Korea’s spy agency chief resigned Sunday, Yonhap news agency reported, as tensions soar over...

Published 27 Nov, 2023 06:13am

Asia

Armed group seizes China-Myanmar border crossing

BANGKOK: An ethnic minority armed group in Myanmar has seized control from the country’s ruling junta of a...

Published 27 Nov, 2023 06:13am

Middle East

Israel-linked tanker seized off Yemen

DUBAI: A tanker linked to an Israel-affiliated company was seized off Yemen Sunday by armed individuals, a US ...

Published 27 Nov, 2023 06:13am

Asia

China, Japan, S Korea seek summit in latest bid to ease relations

SEOUL: China, Japan and South Korea agreed on Sunday to restart cooperation and pave the way for a summit in the...

Published 27 Nov, 2023 06:13am

Patrons Aibak Polo Cup 2023: Diamond Paints clinches coveted trophy

LAHORE: Diamond Paints clinched the coveted trophy after beating Remounts 8-6 in the Patrons 47th Aibak Polo Cup ...

Published 27 Nov, 2023 06:13am

JICA helps KP boost trout fish breeding

PESHAWAR: Japan International Cooperative Agency (JICA) is providing technical support to Khyber Pakhtunkhwa...

Published 27 Nov, 2023 06:13am

‘Pak Olive National Gala’ concludes

ISLAMABAD: In a concerted effort to raise awareness about the quality standards in the Virgin Olive Oil industry, a...

Published 27 Nov, 2023 06:13am

Cavalry underpass inaugurated; federal minister heaps praise on Punjab CM

LAHORE: Chief Minister Punjab Mohsin Naqvi inaugurated Cavalry underpass here on Sunday. Cavalry Underpass has been...

Published 27 Nov, 2023 06:13am

The Weather

KARACHI: The weather report on Sunday (November 26, 2023) and the forecast for Monday (November 27, 2023)....

Published 27 Nov, 2023 06:13am

OMAP urges ministry, Ogra to reconsider proposed weekly adjustments

LAHORE: Chairman Oil Marketing Association of Pakistan (OMAP) Tariq Wazir Ali on Sunday appealed to the Ministry of...

Updated 27 Nov, 2023 08:38am

Customs employee arrested for suspected links with gang

ISLAMABAD: Directorate General of Intelligence and Investigation Inland Revenue has arrested a customs employee of...

Published 27 Nov, 2023 06:13am

Iran wants to improve bilateral ties: CG

PESHAWAR: Iranian Consul General in Peshawar Ali Banafsheh Khah said his country is keen to further strengthen...

Published 27 Nov, 2023 06:13am

Challenge of growing population highlighted

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and intellectuals Forum, Mian...

Published 27 Nov, 2023 06:13am

New pension system in KP appreciated

PESHAWAR: The provincial government of Khyber Pakhtunkhwa successfully transitioned from traditional defined-benefit...

Published 27 Nov, 2023 06:13am

Sherpao elected QWP chairman

PESHAWAR: Aftab Ahmad Khan Sherpao was elected as the central Chairman of the Qaumi Watan Party (QWP) and Ahmad ...

Published 27 Nov, 2023 06:13am

ECP appoints 32 RMCs for 2024 election monitoring

ISLAMABAD: The Election Commission of Pakistan (ECP) appointed 32 Regional Election Commissioners (RECs) as Regional...

Published 27 Nov, 2023 06:13am

Countrywide anti-polio drive to begin today

ISLAMABAD: A five-day anti-polio campaign is scheduled to start from Monday (today) across the country that aims at...

Published 27 Nov, 2023 06:13am

Motorcyclists hold pro-Hamas rally in Karachi

KARACHI: Thousands of young bikers took out a rally from the mausoleum of Quaid-e-Azam Muhammad Ali Jinnah to...

Published 27 Nov, 2023 06:13am

National security: IPP’s Aleem lauds army’s role

LAHORE: Istehkam-e-Pakistan Party (IPP) President Abdul Aleem Khan on Sunday lauded the role played by the Pakistan...

Published 27 Nov, 2023 06:13am

Pakistan Cables, UET host talk series on climatic challenges

LAHORE: As part of its 70th anniversary celebrations, Pakistan Cables in collaboration with the University of...

Published 27 Nov, 2023 06:13am

Delegation of Chinese police officials reaches Lahore

LAHORE: On the invitation of Inspector General Police Punjab Dr. Usman Anwar, a high-level delegation of Chinese...

Published 27 Nov, 2023 06:13am

11,000 deserving children get free education in Danish schools

LAHORE: Terming the Danish Schools as visionary initiative of the then Chief Minister of Punjab Muhammad Shehbaz...

Published 27 Nov, 2023 06:13am

Ministry preparing plan for sustainable future

ISLAMABAD: The Planning Ministry is aligning the future of Pakistan with the blueprint for a sustainable future to ...

Published 27 Nov, 2023 06:13am

Pakistan all set to plead its case at COP28

ISLAMABAD: In the face of escalating climate challenges, Pakistan, a country contributing less than 1% to global...

Published 27 Nov, 2023 06:13am

Ignite launches 3rd edition of ‘Digital Pakistan Cyber Security Hackathon’

KARACHI: The inaugural event of the third edition of Digital Pakistan Cyber security Hackathon 2023, organised by...

Published 27 Nov, 2023 06:13am

Mayor opens Karachi’s first zip line at Safari Park

KARACHI: Karachi Mayor Murtaza Wahab said on Sunday that critics are free to continue criticizing, as the Pakistan...

Published 27 Nov, 2023 06:13am

Beaconhouse signs agreement with OxfordAQA

LAHORE: Beaconhouse, Pakistan’s largest network of private schools with over 350,000 students, has signed an...

Published 27 Nov, 2023 06:13am

Fahd Haroon made special assistant to PM

KARACHI: In a reaffirmation of trust, Fahd Haroon has been appointed once more as Minister of State/ Special...

Published 27 Nov, 2023 06:13am

CM takes notice of ‘bungling’ in Gorakh Hill funds

KARACHI: Gorakh Hill: The Chief Minister Justice Maqbool Baqar taking serious notice of the misappropriation of ...

Published 27 Nov, 2023 06:13am

Karachi safe city project: PDP concerned at delay

KARACHI: Safe city programme despite its ‘soft launch’ is still a distant dream for Karachiites, as the...

Published 27 Nov, 2023 06:13am

Karachi: anti-polio drive in seven districts to begin today

KARACHI: Polio eradication campaign will be started from Monday (November 27) in all the 7 districts of Karachi, in...

Updated 27 Nov, 2023 09:22am

PM arrives in UAE on two-day visit

ABU DHABI: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Sunday arrived here on a two-day visit to the United Arab...

Updated 27 Nov, 2023 09:04am

Shopping mall fire: ‘Manslaughter’ FIR lodged

KARACHI: The K-Electric (KE), builders and other departments were named in a first information report (FIR)...

Published 27 Nov, 2023 06:13am

UAF holds seminar titled ‘a talk with Mooneza Hashmi’

FAISALABAD: The promotion of Faiz Ahmad Faiz’s thoughts can play an effective role in converting the thick clouds...

Published 27 Nov, 2023 06:13am

Caretaker PM’s visit to UAE against electoral laws?

ISLAMABAD: What appears to be a violation of the election laws, Caretaker Prime Minister Anwaar-ul-Haq Kakar,...

Updated 27 Nov, 2023 09:52am

More captives, prisoners freed as Gaza truce extension mooted

OCCUPIED JERUSALEM: Hamas freed 17 hostages held in Gaza, including a four-year-old American girl, on Sunday while...

Updated 27 Nov, 2023 09:06am

PM nominates Dar as leader of house in Senate

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has nominated PML-N leader Ishaq Dar as Leader of the House...

Updated 27 Nov, 2023 09:49am

Rates

PSX hits highest-ever levels

KARACHI: Pakistan Stock Exchange witnessed bullish trend and hit highest ever levels first time in its history and...

Published 27 Nov, 2023 06:13am

Rates

Futures spread down 1,312bps

KARACHI: The futures spread declined by 1,312bps to 13.58 percent on the last day of the outgoing week. Trading...

Published 27 Nov, 2023 06:13am

Russia says it thwarted Ukrainian drone and missile attack

MOSCOW: Russia said Sunday it had downed Ukrainian drones over five regions, including Moscow, as well as two...

Updated 27 Nov, 2023 08:38am

Rates

PKR extends its winning streak

KARACHI: The rupee extended its winning streak for the second week as it appreciated 0.39% or Rs1.13 against the US...

Published 27 Nov, 2023 06:13am

Energy

OGDCL organises ‘Mindful Miles Walk’

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), in alignment with its Health, Diversity &...

Published 27 Nov, 2023 06:13am

Energy

Qasr-e-Naz lodges: Ministry allocates Rs5.80m against electricity bill

ISLAMABAD: The Ministry of Housing and Works has allocated an amount of Rs 5.80 million in the current financial ...

Published 27 Nov, 2023 06:13am

Cotton & Textile

Weekly Cotton Review: Prices largely stable amid low trade

KARACHI: Though overall cotton prices remained stable, but due to decrease in purchases, they have also started to...

Published 27 Nov, 2023 06:13am

Pakistani rupee: a wayward currency

Hard currencies like the US dollar, Euro, pound, are independent free floats, and their value contingent on demand...

Published 27 Nov, 2023 06:13am

Economy on its knees

The initial euphoria of tens of billions of dollars investment by friendly countries is slowly fading away. The...

Updated 27 Nov, 2023 06:34am

Letters

Oct 7 Hamas attacks: why context is important?

“35 days after the start of Israel-Hamas war how should we respond to multiple moral issues and dilemmas that are...

Published 27 Nov, 2023 06:13am

Prices of essential food items show upward trend

PESHAWAR: Upward trend in prices of essential food commodities, like live chicken/meat, vegetables, pulses, sugar,...

Updated 27 Nov, 2023 09:05am

Wheeling charges: do or die

On Tuesday 28th November, power regulator Nepra will hold a public hearing on the Discos’ petitions to determine a...

Published 27 Nov, 2023 06:13am

Stocks

FTSE 100 logs weekly fall despite late energy boost

LONDON: UK’s FTSE 100 ended slightly higher on Friday as rising energy stocks helped counter broader market...

Published 27 Nov, 2023 06:13am

Stocks

Tokyo stocks end higher

TOKYO: Tokyo shares closed higher on Friday as investors took heart from a rebound on Wall Street and the yen’s...

Published 27 Nov, 2023 06:13am

Stocks

Gulf markets in the red on falling oil prices

DUBAI: Stock markets in the Gulf ended lower on Sunday in response to Friday’s fall in oil prices, although the...

Published 27 Nov, 2023 06:13am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday November 26, 2023

Published 27 Nov, 2023 06:13am

TAPI project gets special concessions

Caretaker government exempts TAPI Gas Pipeline project from the Open Access Regime, OGRA Gas (Third Party Access) Rules 2018 and the Pakistan Gas Network Code

Updated 27 Nov, 2023 09:53am

APP to be executed thru EPADS

ISLAMABAD: The Secretaries Committee, headed by Secretary Cabinet has directed Ministries/ Divisions to prepare...

Updated 27 Nov, 2023 09:22am

Money & Banking

Faysal Bank declared ‘Best Emerging Bank’

KARACHI: Faysal Bank, the leading Islamic Bank, was declared the Best Emerging Bank at Pakistan Banking Awards. The...

Published 27 Nov, 2023 06:13am

Industry

SCCI body lauds revival of Awam Express train

PESHAWAR: Chairman Standing Committee of Sarhad Chamber of Commerce and Industry (SCCI) on Railways and Dry Port,...

Published 27 Nov, 2023 06:13am

Industry

KP-BoIT, China’s firm sign MoU on e-vehicle manufacturing

PESHAWAR: The Khyber Pakhtunkhwa Board of Investment and Trade (KP-BoIT) and China’s ADM International Trading...

Published 27 Nov, 2023 06:13am

Industry

FPCCI’s BMP spells out reasons behind rising inflation

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP), while fearing of...

Published 27 Nov, 2023 06:13am

HCSTSI chief says ‘frequent’ hikes in power tariffs hurting economy

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

Published 27 Nov, 2023 06:13am

Circular debt devil could devour economy

EDITORIAL: That the devil of power circular debt has not stopped growing despite successive increase in base ...

Published 27 Nov, 2023 06:13am

GSP+ concerns

EDITORIAL: The caretaker government is rightly pleased that the European parliament has extended the GSP+...

Published 27 Nov, 2023 06:13am

Money & Banking

Mobilink Bank secures Best Bank for Inclusion Award at PBA 2023

ISLAMABAD: Mobilink Bank has won the prestigious title of Best Bank for Inclusion at the Pakistan Banking Awards...

Published 27 Nov, 2023 06:13am

Money & Banking

SMBL re-brands itself as Bank Makramah

KARACHI: In a significant development, Summit Bank Limited (SMBL) has undergone a transformation and re-branded...

Published 27 Nov, 2023 06:13am

Money & Banking

Russian rouble weakens against dollar

MOSCOW: The rouble fell on Friday, drifting away from this week’s almost five-month high as market players locked...

Published 27 Nov, 2023 06:13am

Money & Banking

Australia, NZ dollars flatline but upward momentum builds

SYDNEY: The Australian and New Zealand dollars were flat on Friday in a US holiday impacted market, but they were ...

Published 27 Nov, 2023 06:13am

Money & Banking

China’s yuan flat

SHANGHAI: China’s yuan was mostly flat against the dollar on Friday, consolidating sharp gains from a rally early...

Published 27 Nov, 2023 06:13am

Money & Banking

Wall Street Week Ahead: Broadening of US stock rally feeds investor optimism

NEW YORK: Signs the US stock market rally is broadening from the so-called Magnificent Seven of mega-cap growth and...

Published 27 Nov, 2023 06:13am

Money & Banking

Sterling nears three-month high

LONDON: The pound rose on Friday nearing its highest in almost three months, lifted in part by a broad-based retreat...

Published 27 Nov, 2023 06:13am

Money & Banking

India rupee declines to record closing low

MUMBAI: The Indian rupee ended at a record closing low on Friday, weighed down by weakness in its Asian peers and...

Published 27 Nov, 2023 06:13am

Money & Banking

China, Cambodia sign yuan clearing arrangement agreement

BEIJING: The People’s Bank of China and the National Bank of Cambodia on Tuesday signed a memorandum of ...

Published 27 Nov, 2023 06:13am

Fed expects interest rates to stay high ‘for some time’

WASHINGTON: All members of the US Federal Reserve’s powerful rate-setting committee judged earlier this month that...

Published 27 Nov, 2023 06:13am

Money & Banking

HSBC apologises as thousands of UK customers locked out of digital banking

LONDON: Thousands of HSBC customers in Britain on Friday reported they were unable to access some mobile and online...

Published 27 Nov, 2023 06:13am

Kenya to sell 35 state companies

NAIROBI: Kenya’s President William Ruto said on Thursday the government was poised to privatise 35 state companies...

Published 27 Nov, 2023 06:13am

Broadcom closes $69bn VMware deal after China approval

BENGALURU: Broad-com on Wednesday closed its $69 billion acquisition of cloud-computing firm VMware after receiving...

Published 27 Nov, 2023 06:13am

Citi shuffles bosses in ‘difficult’ management overhaul

NEW YORK: Citigroup CEO Jane Fraser and top executives announced the next layer of leadership changes as part of a...

Published 27 Nov, 2023 06:13am

Indonesian envoy: Faisalabad business community hosts farewell dinner

FAISALABAD: The Ambassador of Indonesia to Pakistan, Adam M Togio said that Faisalabad is home to the people of...

Updated 27 Nov, 2023 09:51am

Industry

Businesspeople: Ex-FPCCI SVP makes call for unity

KARACHI: In a compelling call to action, Shaukat Ahmed, former Senior Vice President (SVP) of FPCCI and former...

Published 27 Nov, 2023 06:13am

Industry

NRSP Microfinance Bank officials visit MCCI

PESHAWAR: The officials of NRSP Microfinance Bank visited Mardan Chamber of Commerce and Industry (MCCI) and held a...

Published 27 Nov, 2023 06:13am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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