News Archives for Print - 2023-12-10

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Print - 2023-12-10

No ‘single solution’ for energy transition: OPEC chief

DUBAI: The OPEC oil cartel said Saturday there was no “single solution” to the energy transition as pressure...

Published 10 Dec, 2023 03:33am

COP28 clashes over fossil fuel phase-out after OPEC pushback

DUBAI: Countries clashed on Saturday over a proposed agreement to phase-out fossil fuels at the COP28 summit in...

Published 10 Dec, 2023 03:33am

Israel pounds Gaza after US vetoes rare UN ceasefire bid

GAZA CITY: Israel bombarded targets in Gaza on Saturday after the United States blocked an extraordinary UN bid for ...

Published 10 Dec, 2023 03:33am

USA

US okays small ‘emergency’ sale of ammunition to Israel

WASHINGTON: The US State Department has approved the emergency sale to Israel of nearly 14,000 rounds of tank...

Updated 10 Dec, 2023 09:41am

Europe

US vetoes UNSC resolution calling for Gaza ceasefire

UNITED NATIONS, (United States): The United States on Friday vetoed a UN Security Council resolution that would have...

Published 10 Dec, 2023 03:33am

Europe

Georgians march for EU ahead of candidacy decision

TBILISI: Georgian non-governmental organisations staged a pro-European Union march in the capital Tbilisi on...

Published 10 Dec, 2023 03:33am

US slaps sanctions on two Taliban ministers

ISLAMABAD: The United States had imposed sanctions against two Afghan Taliban leaders allegedly responsible for...

Published 10 Dec, 2023 03:33am

US freezes assets of Liberian capital’s mayor

MONROVIA: The US government has frozen the assets in the United States of Monrovia’s mayor, accusing him of...

Published 10 Dec, 2023 03:33am

Syria strikes kill 5 civilians in rebel bastion

BEIRUT: Five civilians were killed and more than 20 others wounded Saturday in Syrian army bombardment of the...

Published 10 Dec, 2023 03:33am

Govt medical, dental colleges in Punjab: Provisional merit list for admissions released

LAHORE: The provisional merit list for admissions into government medical and dental colleges in Punjab has been...

Published 10 Dec, 2023 03:33am

Intra-party poll: PTI chief calls on ECP to publish certificate

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Barrister Gohar Ali Khan on Saturday called upon Election...

Published 10 Dec, 2023 03:33am

Sindh minister visits HPC; vows to resolve problems of journalists

HYDERABAD: Caretaker provincial Minister of Information, minority affairs and social protection while addressing at...

Published 10 Dec, 2023 03:33am

ACE granted remand of Fawad

ISLAMABAD: A local court, on Saturday, granted the Punjab Anti-Corruption Establishment (ACE) one-day transit remand...

Published 10 Dec, 2023 03:33am

Fast-tracking work on merged areas priority of govt: KP CM

PESHAWAR: Caretaker Chief Minister Khyber Pakhtunkhwa Former Justice Syed Arshad Hussain Shah here Saturday termed...

Published 10 Dec, 2023 03:33am

1,446 graduates get degrees at IoBM convocation

KARACHI: The Institute of Business Management (IoBM), Karachi, held its 26th Convocation at its campus on Saturday,...

Published 10 Dec, 2023 03:33am

Cross-cases under CrPC: LHC issues guiding principles for lower courts

LAHORE: The Lahore High Court (LHC) held that the Code of Criminal Procedure, 1898, does not sketch out the ...

Published 10 Dec, 2023 03:33am

Over 51 cars taken away in capital

ISLAMABAD: Armed gangs have deprived over 60 persons of their mobile phones and cash at gunpoint in different areas...

Published 10 Dec, 2023 03:33am

Court reserves verdict in Sara murder case

ISLAMABAD: A local court on Saturday reserved its verdict in Sara Inam’s murder case which will be announced on...

Published 10 Dec, 2023 03:33am

Diplomas awarded to 719 AIT students

KARACHI: Aligarh Institute of Technology (AIT) organised the third Graduation Ceremony in which diplomas of ...

Published 10 Dec, 2023 03:33am

‘NAB working on athree-pronged strategy to curb corruption’

ISLAMABAD: Director General National Accountability Bureau (NAB) Mirza Muhammad Irfan Baig Saturday said that his...

Published 10 Dec, 2023 03:33am

Nawaz for improving relations with all neighbouring countries

LAHORE: Announcing that the Pakistan Muslim League-Nawaz (PML-N) would try to improve relations with all the...

Published 10 Dec, 2023 03:33am

1,117 FIRs filed against improper disposal of construction material

LAHORE: The Lahore Waste Management Company (LWMC) has filed 1,117 police cases against individuals involved in the...

Published 10 Dec, 2023 03:33am

Alvi for protecting rights of all people

ISLAMABAD: President Dr Arif Alvi Saturday said Pakistan along with the international community is commemorating...

Published 10 Dec, 2023 03:33am

LDA seals properties in operation against encroachments

LAHORE: In an operation against encroachments, the Lahore Development Authority (LDA) and Traffic Engineering &...

Published 10 Dec, 2023 03:33am

Consortium discusses measures to tackle smog

LAHORE: Chancellor /Governor Punjab Muhammad Balighur Rehman on Saturday chaired the meeting of Consortium on ...

Published 10 Dec, 2023 03:33am

Minister for educating LEAs on HR standards

KARACHI: Caretaker Sindh Minister for Home and Prison Brig. Haris Nawaz (retd) has underscored the need for ...

Published 10 Dec, 2023 03:33am

‘Transparency is key to attracting investment’

KARACHI: Leading businessman and philanthropist Hussain Dawood, Chairman Engro Corporation, has stressed the crucial...

Published 10 Dec, 2023 03:33am

HEC to set up cutting-edge data centre at NED varsity

ISLAMABAD: In a significant step towards enhancing data accessibility and obtaining international recognition, the...

Published 10 Dec, 2023 03:33am

The Weather

KARACHI: The weather report on Saturday (December 09, 2023) and the forecast for Sunday (December 10, 2023)....

Published 10 Dec, 2023 03:33am

Independent directors’ selection: SECP directs cos to exercise due diligence

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed companies to exercise their due...

Updated 10 Dec, 2023 04:40pm

700.7MW hydel power project: Chinese co urges PPIB to grant extension in financial close

ISLAMABAD: Chinese company, Azad Pattan Power, Pvt Limited (APPL) which is establishing 700.7 MW hydel power...

Updated 10 Dec, 2023 05:22pm

SIFC panel for single authority to manage all SEZs

ISLAMABAD: Federal Minister for Privatisation, Fawad Hasan Fawad, chaired the second and final meeting of the SIFC...

Updated 10 Dec, 2023 11:13am

IMF scheduled to consider first review of $3bn SBA on Jan 11

ISLAMABAD: The International Monetary Fund (IMF) Executive Board is scheduled to consider the first review under...

Updated 10 Dec, 2023 11:13am

Govt seeks to cure Sino-Pak trade imbalance

Beijing has earned $100 billion from Pakistan through its exports whereas it imported Pakistani goods of only $10 billion

Updated 10 Dec, 2023 09:30am

Police force needs to improve its image: PM

ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq Kakar Saturday said the police force needs to improve its image...

Updated 10 Dec, 2023 04:10pm

US official completes two-day visit

US special representative for Afghanistan Thomas West held talks with Pakistan’s top civil and military leadership on the security threat posed by banned TTP

Updated 10 Dec, 2023 09:36am

Gaza ceasefire: UN’s failure to adopt resolution disappoints Pakistan

ISLAMABAD: Pakistan has expressed its deep disappointment at the UN Security Council’s continued failure to call...

Updated 10 Dec, 2023 09:34am

IK challenges trial in jail

The petitioner contends that ECP has decided to conduct the trial proceedings against the petitioner at Adiala jail on account of unspecified security concerns

Updated 10 Dec, 2023 09:37am

SECP registers 2,234 new companies in Nov

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,234 new companies in November ...

Updated 10 Dec, 2023 09:34am

Al-Qadir Trust case: A few cabinet members were for holding deliberations, Zubaida tells NAB CIT

ISLAMABAD: Former federal minister Zubaida Jalal has told the National Accountability Bureau’s Combined...

Updated 10 Dec, 2023 09:34am

Trial of civilians in military courts: SC set to hear intra-court appeals on 13th

ISLAMABAD: A six-member bench of the Supreme Court (SC) from December 13 will hear a set of intra-court appeals...

Updated 10 Dec, 2023 09:34am

ATC withdraws non-bailable arrest warrants for Marriyum

LAHORE: An anti-terrorism court on Saturday withdrew non-bailable arrest warrants for former information minister...

Updated 10 Dec, 2023 09:34am

CM urges timely completion of Shahdara project

Chief Minister Punjab Mohsin Naqvi reviews Shahdara Imamia Colony Overhead Bridge project and stresses upon timely completion of the project

Updated 10 Dec, 2023 09:37am

May 9 riots: Court rejects pre-arrest bail of Asad Umar

LAHORE: An anti-terrorism court on Saturday cancelled the pre-arrest bail of PTI former secretary general Asad Umar...

Published 10 Dec, 2023 03:33am

Ghora Chowk Flyover project near completion

LAHORE: The Ghora Chowk Flyover Project in Lahore is near completion with 95% of the project work already...

Published 10 Dec, 2023 03:33am

PIA, Roosevelt Hotel, FWBL, and HBFC: Leading investors group briefed about sell-off agenda

ISLAMABAD: A group of representatives from leading investment banks, funds and institutional investors called on the...

Published 10 Dec, 2023 03:33am

PML-N, IPP form seat adjustment committee

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) and Istehkam-e-Pakistan Party (IPP) have formed a six-member...

Published 10 Dec, 2023 03:33am

Real time access to info and data base

Documentation of Economic transactions in Pakistan, The nature of documentation of Pakistan’s economic environment...

Updated 11 Dec, 2023 06:59am

Commodities

Malaysian palm oil futures up

JAKARTA: Malaysian palm oil futures rose on Friday, tracking strength in rival oils, and snapping a five-session...

Published 10 Dec, 2023 03:33am

Commodities

India’s wheat stocks hit 7-year low as govt sells more to calm prices

NEW DELHI: India’s wheat inventories at state warehouses have dropped to 19 million metric tons, the lowest in...

Published 10 Dec, 2023 03:33am

Commodities

Copper extends gains on China demand, rate cut hopes

LONDON: Copper prices extended their rebound on Friday, lifted by firm demand in top metals market China and hopes...

Published 10 Dec, 2023 03:33am

Commodities

Chicago soybean futures rise on China demand

CHICAGO: Chicago soybean futures rose on Friday, riding the momentum of strong demand after the US Department of...

Published 10 Dec, 2023 03:33am

Commodities

Gold slides as strong US jobs data clouds rate cut bets

BENGALURU: Gold retreated back under $2,000 an ounce on Friday as the dollar and Treasury yields strengthened after...

Published 10 Dec, 2023 03:33am

Energy

Oil gains but records seventh weekly decline

BENGALURU: Oil prices rose more than 2% on Friday after US data supported expectations of demand growth, but both...

Published 10 Dec, 2023 03:33am

Commodities

Japanese rubber futures slump

SINGAPORE: Japanese rubber futures extended declines on Friday, as market participants reacted to the rallying yen...

Published 10 Dec, 2023 03:33am

Energy

US natural gas prices little changed

NEW YORK: US natural gas futures held steady on Friday as record liquefied natural gas (LNG) exports offset ...

Published 10 Dec, 2023 03:33am

Commodities

Falling physical premiums a sign of aluminium surplus

LONDON: London Metal Exchange (LME) stocks of aluminium have been draining away steadily since August and headline...

Published 10 Dec, 2023 03:33am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday (December 09, 2023)...

Published 10 Dec, 2023 03:33am

Cotton & Textile

Firm trend on cotton market

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

Published 10 Dec, 2023 03:33am

Commodities

Iron ore futures rise on strong Chinese export data

SINGAPORE: Iron ore futures gained on Friday, buoyed by a raft of factors such as robust export data from top...

Published 10 Dec, 2023 03:33am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 23.617...

Published 10 Dec, 2023 03:33am

Commodities

Gold prices dip

KARACHI: Gold on Saturday lost a big value but silver stood its ground on the local market, traders said. Gold...

Published 10 Dec, 2023 03:33am

Letters

Upcoming elections: what’s in store?

PML-N leaders Nawaz Sharif and Shehbaz Sharif have paid a visit to long-time political rival and PML-Q chief ...

Published 10 Dec, 2023 03:33am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (December 09, 2023). ======================================= ...

Published 10 Dec, 2023 03:33am

Experts emphasize protecting small farmers from economic distress

HYDERABAD: Experts from national and international organizations have emphasized planning to protect small farmers...

Published 10 Dec, 2023 03:33am

Kidney smuggling villains

EDITORIAL: There is enough noise to suggest that the gang of kidney sellers busted by Lahore police the other day ...

Published 10 Dec, 2023 03:33am

‘Gender apartheid’?

EDITORIAL: One cannot help but agree with Nobel laureate Malala Yousafzai that the Afghan government has imposed ...

Published 10 Dec, 2023 03:33am

Money & Banking

Loss against bank loan: Borrower may seek damages, say experts

LAHORE: Borrowers can seek damages if they suffer from financial loss while taking certain steps in line with the...

Published 10 Dec, 2023 03:33am

Industry

AYII for collaboration between financial, agri sectors

LAHORE: The Area Yield Index Insurance (AYII) Payout Ceremony, a momentous event celebrating the approval and...

Published 10 Dec, 2023 03:33am

Prices of essential kitchen items on the rise

ISLAMABAD: The prices of essential kitchen items have witnessed an increasing trend during this week past against ...

Published 10 Dec, 2023 03:33am

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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