News Archives for Print - 2023-12-03

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Print - 2023-12-03

Philippines warns of ‘destructive tsunami’ after magnitude 7.6 quake

MANILA: A powerful magnitude 7.6 earthquake struck the southern Philippines on Saturday, the US Geological Survey...

Published 03 Dec, 2023 02:59am

US points to $400bn in climate subsidies

DUBAI: US Vice President Kamala Harris sought to claim the mantle of global climate leadership for the United States...

Published 03 Dec, 2023 02:59am

50 oil and gas companies pledge to cut operational emissions

DUBAI: Fifty oil and gas companies representing 40 percent of global production pledged to decarbonise their...

Published 03 Dec, 2023 02:59am

More Israeli strikes accentuate Gazans’ sufferings

GAZA STRIP: Israel and Hamas brushed off international calls to renew an expired truce Saturday as air strikes...

Published 03 Dec, 2023 02:59am

Sardar Sikander Shaheen: Newly elected PTI Chairman visits partyâ€™s Central Secretariat

ISLAMABAD: The newly elected Chairman Pakistan Tehreek-e-Insaf (PTI) Barrister Gohar Ali Khan visited the...

Published 03 Dec, 2023 02:59am

Pak delegation to take part in Peacekeeping Ministerial Meeting in Ghana

ISLAMABAD: A Pakistani delegation will participate in the Peacekeeping Ministerial Meeting to be held in Accra,...

Published 03 Dec, 2023 02:59am

PTI criticises Akbar Babar

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has criticised Akbar Sher Babar for his stance in which he had rejected ...

Published 03 Dec, 2023 02:59am

Intra-party polls: PTI greets party cadres

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has felicitated all the party cadres on the successful conduct of...

Published 03 Dec, 2023 02:59am

PTIs Sanam Javed allowed post-arrest bail

LAHORE: An Anti Terrorism Court on Saturday allowed post arrest bail to a PTI activist Sanam Javed in Zaman Park ...

Published 03 Dec, 2023 02:59am

Respecting others must for peaceful co-existence: Governor

LAHORE: Terming the development of spirit of tolerance in oneself as the most important purpose of education,...

Published 03 Dec, 2023 02:59am

Sherpao calls for holding free, fair, transparent elections

PESHAWAR: Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao on Saturday called for holding free, fair and...

Published 03 Dec, 2023 02:59am

Womens cricket Pak-NZ T20I series starts today

LAHORE: Pakistan womens cricket team is all set to take on New Zealand in their own backyard when both sides meet in...

Published 03 Dec, 2023 02:59am

First Lady for greater participation of women in workforce

KARACHI: While addressing the inaugural ceremony of Professor Shahida Kazi Women Complex at the Karachi Press Club...

Published 03 Dec, 2023 02:59am

PIA flight survives ‘engine fire’ incident

KARACHI: An international flight of Pakistan International Airlines (PIA) on early Saturday survived an unfortunate...

Published 03 Dec, 2023 02:59am

APNS welcomes appointment of Ahmed Shah as Info Minister

KARACHI: The APNS welcomes the well-deserved appointment of Mohammad Ahmed Shah as Minister Information Sindh. Mrs...

Published 03 Dec, 2023 02:59am

Lawyers rally against Gaza genocide

KARACHI: Karachi’s lawyer community on Saturday staged a “Gaza March” to show unity with the oppressed...

Published 03 Dec, 2023 02:59am

Concerns shown on rapidly growing cases of diarrhoea

KARACHI: Over 150,000 cases of watery diarrhoea being reported every week across Pakistan as children facing...

Published 03 Dec, 2023 02:59am

Armed forces fully cognizant of challenges: COAS

RAWALPINDI: The Chief of Army Staff (COAS), General Syed Asim Munir, visited troops at Khairpur Tamewali (KPT) on...

Published 03 Dec, 2023 02:59am

Climate finance for poor nations demanded

ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani has emphasised the need for provision of climate finance to...

Published 03 Dec, 2023 02:59am

LHC winter holidays

LAHORE: The Lahore High Court at its principal seat, its benches at Multan, Behawalpur and Rawalpindi will observe...

Published 03 Dec, 2023 02:59am

ATC denies police further remand of underage diver

LAHORE: An Anti-Terrorism Court (ATC) on Saturday denied further physical remand of a teenage suspect to police and...

Published 03 Dec, 2023 02:59am

PML-N parliamentary board holds meeting

LAHORE: Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif and President Shehbaz Sharif chaired the party’s...

Published 03 Dec, 2023 02:59am

ICT: Robbery cases on the rise

ISLAMABAD: The incidents of car theft and mobile snatching witnessed a surge in the federal capital during the last...

Published 03 Dec, 2023 02:59am

US says has identified areas critical to helping Pakistan build climate resilience

ISLAMABAD: United States Ambassador to Pakistan, Donald Blome has said that the US and Pakistan have identified ...

Published 03 Dec, 2023 02:59am

The Weather

KARACHI: The weather report on Saturday (December 02, 2023) and the forecast for Sunday (December 03, 2023)....

Published 03 Dec, 2023 02:59am

Energy

Kazakhstan signs deals for 3GW of wind power

ALMATY: Kazakhstan on Saturday signed deals with France’s TotalEnergies, United Arab Emirates firm Masdar and ...

Published 03 Dec, 2023 02:59am

Honour climate financing, PM asks developed world

The financial needs of the developing countries are way more than the unfulfilled $100 billion pledge, the premier says in his address to the Global Stock Take event

Updated 03 Dec, 2023 04:43pm

Intra-party polls: Gohar Ali Khan elected new PTI chairman unopposed

Gohar says he will keep fulfilling this responsibility as Imran’s representative

Updated 03 Dec, 2023 09:12am

PM, Bill Gates discuss polio eradication efforts

Prime minister apprises Gates of the ongoing polio vaccination drive in Pakistan

Updated 03 Dec, 2023 09:13am

New polio case reported from KP

ISLAMABAD: A Polio virus has been confirmed in a nine-month old child in Orakzai district of Khyber Pakhtunkhwa....

Published 03 Dec, 2023 02:59am

CASA-1000: WB rates progress as ‘moderately satisfactory’

ISLAMABAD: The World Bank has rated the overall implementation progress of the Pakistan Community Support Project...

Updated 03 Dec, 2023 09:09am

Cypher case: Attendance of accused marked, hearing put off till tomorrow

ISLAMABAD: The special court hearing the cypher case against former prime minister Imran Khan and former foreign...

Updated 03 Dec, 2023 09:10am

Why climate resilience vital for our future

In Pakistan, the impact of climate change is no longer a distant threat but a reality that we have been forced to...

Published 03 Dec, 2023 02:59am

Battling food insecurity in Pakistan

In the world where technological advancements and scientific breakthroughs are pushing the boundaries of perceived...

Published 03 Dec, 2023 02:59am

Lahore Campus: 615 degrees awarded at Bahria University convocation

LAHORE: Bahria University Lahore Campus held its 3rd convocation on Saturday. Rector Bahria University Vice Admiral...

Published 03 Dec, 2023 02:59am

DG LDA directs officials to expedite projects

LAHORE: Lahore Development Authority (LDA) Director General Muhammad Ali Randhawa has instructed the relevant...

Published 03 Dec, 2023 02:59am

NAB moves reference against Elahi, his son Moonis

LAHORE: Upon completion of probe into the alleged kickbacks received in connection with the development projects...

Published 03 Dec, 2023 02:59am

Energy

Gas tariffs: govt urged to ease concerns of industry

KARACHI: President of United Business Group (UBG) Zubair Tufail has said that the government should listen to the...

Published 03 Dec, 2023 02:59am

Letters

Let’s boycott US, Israeli products

I would like to draw the attention of public towards the importance of boycotting US-made and Israeli-manufactured...

Published 03 Dec, 2023 02:59am

Energy

Consumers of some Discos subsidise consumers of other other Discos: experts

LAHORE: Consumers in distribution companies like IESCO, LESCO, FESCO, GEPCO and TESCO are subsidising consumers of...

Published 03 Dec, 2023 02:59am

Commodities

Soybeans slide on predicted rains in Brazil

CHICAGO: Chicago soybean futures fell on Friday as the weather forecast in drought-stricken northern Brazil promised...

Published 03 Dec, 2023 02:59am

Commodities

Gold hits record high on bets for March start to Fed rate cuts

BENGALURU: Gold prices rallied to an all-time high on Friday after remarks from Federal Reserve Chair Jerome Powell...

Published 03 Dec, 2023 02:59am

Commodities

Copper rises on weaker dollar, upbeat China data

HANOI: Copper prices advanced on Friday, on track for the third straight week of gain, on a softer dollar and...

Published 03 Dec, 2023 02:59am

Commodities

Dalian iron ore futures down

SINGAPORE: Dalian iron ore futures were set for their first weekly loss in seven as China’s government continued ...

Published 03 Dec, 2023 02:59am

Commodities

EU imports of Ukrainian sugar grew tenfold in 2022/23

PARIS: Imports of Ukrainian sugar into the European Union grew tenfold last season and extended their rise at the...

Published 03 Dec, 2023 02:59am

Energy

US natural gas little changed

NEW YORK: US natural gas futures were little changed on Friday as record flows to US liquefied natural gas (LNG)...

Published 03 Dec, 2023 02:59am

Commodities

Japanese rubber futures hurt by stronger yen

SINGAPORE: Japanese rubber futures closed at a three-week low on Friday, weighed by a stronger yen and poor economic...

Published 03 Dec, 2023 02:59am

Commodities

France’s port to start China wheat loading this month

PARIS: Nord Cereales, which runs the grain terminal at France’s northern port of Dunkirk, will start loading wheat...

Published 03 Dec, 2023 02:59am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (December 02, 2023)...

Published 03 Dec, 2023 02:59am

Cotton & Textile

Sluggish business on cotton market

LAHORE: The trading in local market on Saturday remained sluggish and the trading volume remained low. Cotton...

Published 03 Dec, 2023 02:59am

Commodities

Malaysian palm oil lower

KUALA LUMPUR: Malaysian palm oil futures posted a second weekly loss on Friday, underpinned by poor demand and...

Published 03 Dec, 2023 02:59am

Commodities

French grain sowings still slow

PARIS: French cereal sowings had again made little progress last week while crop ratings extended their fall, farm...

Published 03 Dec, 2023 02:59am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (December 02, 2023). ======================================= ...

Published 03 Dec, 2023 02:59am

CJP’s office says he’s ‘fully cognizant of his constitutional duties’

ISLAMABAD: Chief Justice of Pakistan (CJP) Qazi Faez Isa is fully cognizant of his constitutional duties and will...

Updated 03 Dec, 2023 10:05pm

Expenditures: Higher mark-up payments may put big pressure: MoF

ISLAMABAD: The Finance Ministry has forewarned higher markup payments may put significant pressure on the...

Updated 03 Dec, 2023 05:15pm

New regulatory safeguards placed to protect investors: SECP chief

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) Chairman Akif Saeed Saturday said the SECP has...

Updated 03 Dec, 2023 09:05am

BIT template issue settled: Crucial FTA with GCC finalised

ISLAMABAD: A Pakistani delegation led by caretaker Minister for Commerce and Industries, Gohar Ijaz has finalised...

Updated 03 Dec, 2023 09:38pm

‘ACSR bunting conductor issue’ Senate Secretariat withdraws letter of Senator Abro

ISLAMABAD: Senate Secretariat has withdrawn a letter written by Senator Saif Ullah Abro as Chairman Senate Standing...

Updated 03 Dec, 2023 09:08am

Water supply project: Sindh govt signs Rs51.6bn contract with Kuwaiti firm

KARACHI: Sindh government has signed the contract for the biggest project worth Rs51.6 billion (Public Private...

Updated 03 Dec, 2023 04:58pm

Climate response: Consensus on data sharing governance system

ISLAMABAD: The Ministry of Planning, Development, and Special Initiatives expedited efforts on a data governance...

Updated 03 Dec, 2023 09:07am

Public servant: LHC explains how disciplinary proceedings stand abated

LAHORE: The Lahore High Court has held that the disciplinary proceedings including an inquiry against an employee or...

Updated 03 Dec, 2023 09:07am

Fraud case: Shehzad Akbar declared proclaimed offender

Civil judge Ahmed Shehzad Gondal declares Akbar as a proclaimed offender for not appearing before it

Updated 03 Dec, 2023 09:11am

Confusion galore

EDITORIAL: Confusion seems to prevail since news of appointment of PML-N Senator Ishaq Dar as leader of the house,...

Published 03 Dec, 2023 02:59am

ECP’s ‘major decision’

EDITORIAL: ECP (Election Commission of Pakistan) has done the right thing by seeking details of defaulters of...

Published 03 Dec, 2023 02:59am

Money & Banking

‘Bank Makramah under Islamic system will provide better services’

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

Updated 04 Dec, 2023 11:16am

‘Pakistan needs to attract FDI’

KARACHI: On the one hand Pakistan continues to face a very high fiscal deficit and on the other hand Pakistan’s...

Published 03 Dec, 2023 02:59am

WB VP visits Tarbela, Dasu hydropower projects

LAHORE: World Bank Vice President Martin Raiser along with a 4-member delegation visited Tarbela 5th Extension and...

Published 03 Dec, 2023 02:59am

PTA decries hikes in tariff, minimum wage

LAHORE: The Export Standing Committee of the Pakistan Tanners Association (PTA), expressing the inability of their...

Published 03 Dec, 2023 02:59am

Xalq Bank delegation meets BOP’s SME experts

LAHORE: A high-level delegation from Xalq Bank along with representation from ADB, met with Asif Riaz (Group Head...

Published 03 Dec, 2023 02:59am

U Microfinance Bank: continuous profitability

Money & Banking

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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