News Archives for Print - 2023-12-31

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Print - 2023-12-31

19 pro-Iran fighters killed in Syria strikes

BEIRUT: Air strikes in eastern Syria “likely” launched by Israel on Saturday killed at least 19 pro-Iran...

Published 31 Dec, 2023 03:04am

The Weather

KARACHI: The weather report on Saturday (December 30, 2023) and the forecast for Sunday (December 31, 2023)....

Published 31 Dec, 2023 03:04am

Commodities

Rains help Argentine crops as sector prepares to fight planned tax hike

BUENOS AIRES: Argentine farmers made good progress sowing corn and soy crops following recent abundant rainfall, the...

Published 31 Dec, 2023 03:04am

Prices of essential kitchen items show rising trend

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

Published 31 Dec, 2023 03:04am

Chess championship begins at Nishtar Park Sports Complex

LAHORE: The Quaid-e-Azam Chess Championship 2023, organized by Punjab Chess Association and Punjab Sports Board,...

Published 31 Dec, 2023 03:04am

LHC orders removal of anomalies from Prisons Act

LAHORE: The Lahore High Court (LHC) proceeding with a petition filed for a jail inmate noted that neither the ...

Published 31 Dec, 2023 03:04am

Islamabad: crimes on the rise

ISLAMABAD: Street crime has shown an upward trend in the federal capital during the last week as carjackers stole 40...

Published 31 Dec, 2023 03:04am

Product discounts: CCP directs shoe, clothing brands to make full disclosure

ISLAMABAD: The Competition Commission of Pakistan (CCP) has advised shoe and clothing brands offering discounts to...

Published 31 Dec, 2023 03:04am

CBD Punjab accelerates road upgrading work

LAHORE: After the successful completion of the Captain Karnal Sher Khan Shaheed Flyover, Punjab Central Business...

Published 31 Dec, 2023 03:04am

SIDB retrieves 6 kanals of land from ‘mafia’

PESHAWAR: In light of the directives of Khyber Pakhtunkhwa Caretaker Minister for Industries, Commerce, Technical...

Published 31 Dec, 2023 03:04am

Notification on New Year celebrations

HYDERABAD: Commissioner Hyderabad Syed Khalid Hyder Shah has issued a notification regarding the celebration of New...

Published 31 Dec, 2023 03:04am

‘General elections vital for economic stability’

LAHORE: Terming the general elections scheduled for February 8, 2024 vital ensuring economic stability, former...

Published 31 Dec, 2023 03:04am

3 die in Lahore house fire incident

ISLAMABAD: At least three persons died on Saturday in a house fire incident in the Chohang area of Lahore. ...

Published 31 Dec, 2023 03:04am

LearnOnTikTok termed dominant force shaping educational landscape in Pakistan

KARACHI: TikTok, the global powerhouse of creativity and connection, has unveiled its highly anticipated Year on...

Published 31 Dec, 2023 03:04am

CM directs IGP to control crime

KARACHI: The Caretaker Sindh Chief Minister former Justice Maqbool Baqar directed the Inspector General of Police to...

Published 31 Dec, 2023 03:04am

Taliban balk at UNSC plan for special Afghan envoy

KABUL: Afghanistan’s Taliban authorities on Saturday criticised the UN Security Council’s (UNSC) plan for a...

Published 31 Dec, 2023 03:04am

Europe

Serbian opposition demands annulment of Dec 17 vote

BELGRADE: Thousands gathered in a square in in central Belgrade on Saturday in the biggest protest yet over...

Published 31 Dec, 2023 03:04am

South Asia

China expels nine army officials from parliament

BEIJING: China has expelled nine military officials from its parliament, including four generals of the army’s...

Published 31 Dec, 2023 03:04am

ASEAN foreign ministers express concern over South China Sea tensions

MANILA: Foreign ministers of Southeast Asia’s regional bloc ASEAN on Saturday expressed their concern over growing...

Published 31 Dec, 2023 03:04am

University of Central Punjab holds 26th convocation

LAHORE: The 26th Convocation of the University of Central Punjab was held on Friday at UCP Campus Lahore in a...

Published 31 Dec, 2023 03:04am

Attacking PML-N office: Physical remand of PTI activist granted

LAHORE: An Anti Terrorism Court ATC on Saturday granted a two-day physical remand of PTI activist Sanam Javed to...

Published 31 Dec, 2023 03:04am

New Year Eve: Section 144 imposed in Karachi

KARACHI: The district administration has imposed section 144 in Karachi division on the eve of New Year. According...

Published 31 Dec, 2023 03:04am

SAU approves estimated budget for 2023-24

HYDERABAD: SAU Senate approved the estimated budget for the financial year 2023-24. The annual performance report...

Published 31 Dec, 2023 03:04am

Gohar deplores ‘harassment’ of his party candidates

ISLAMABAD: The chairman Pakistan Tehreek-e-Insaf (PTI) Gohar Khan on Saturday deplored the unabated and rising...

Published 31 Dec, 2023 03:04am

Promoting cultural ties with China urged

ISLAMABAD: Caretaker Federal Minister for Culture and National Heritage, Syed Jamal Shah, on Saturday welcomed a...

Published 31 Dec, 2023 03:04am

Course Commissioning Parade held at PNA Karachi

KARACHI: Course Commissioning Parade of 120th Midshipmen and 28th Short Service Commission (SSC) was held at ...

Published 31 Dec, 2023 03:04am

Non-filers: FBR to initiate punitive actions next month: chairman

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Amjed Zubair Tiwana Saturday said the blocking of mobile phone...

Updated 31 Dec, 2023 09:50am

Zero-rated industrial consumers: Auto sector opposed to provision of power at ‘special’ rates

ISLAMABAD: The country’s auto sector has opposed the government’s plan to provide electricity at special rates to...

Updated 31 Dec, 2023 07:09pm

Power producers: CPPA-G makes payments prior to year end

The Authority has made payments of Rs 205 billion to different power producers including government-owned power plants

Updated 31 Dec, 2023 07:08pm

Banks’ retail transactions: Q1 share of digital payments soars to 80pc

KARACHI: The share of digital payments in retail transactions of the banking system increased to 80 percent during...

Updated 31 Dec, 2023 07:19pm

$382m ‘Karachi Mobility Project’: WB rates implementation progress as ‘moderately unsatisfactory’

ISLAMABAD: The World Bank has rated the overall implementation progress of the “Karachi Mobility Project” worth $382...

Updated 31 Dec, 2023 07:20pm

Scrutiny of nomination papers ends

ISLAMABAD: The scrutiny of the nomination papers filed by candidates of various political parties and independent...

Updated 31 Dec, 2023 07:25pm

IK’s nomination papers rejected by ECP

PTI accuses the Election Commission of Pakistan of pre-poll rigging ahead of the crucial general elections

Updated 31 Dec, 2023 09:56am

Corruption case: NAB granted six-day physical remand of Fawad Chaudhry

ISLAMABAD: The Accountability Court on Saturday granted the National Accountability Bureau (NAB) a six-day physical...

Updated 31 Dec, 2023 09:53am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (December 30, 2023). ======================================= ...

Published 31 Dec, 2023 03:04am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.259...

Published 31 Dec, 2023 03:04am

Commodities

Malaysian palm oil lower

KUALA LUMPUR: Malaysian palm oil futures staged a rebound and settled higher on Friday, although the benchmark...

Published 31 Dec, 2023 03:04am

Cotton & Textile

Spot rate gains Rs300 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Saturday increased the spot rate by Rs 3,00 per...

Published 31 Dec, 2023 03:04am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (December 30, 2023)...

Published 31 Dec, 2023 03:04am

Commodities

EU wheat prices set for annual fall

PARIS: Euronext wheat edged up on Friday but was set for a sharp decline over the year after stiff export ...

Published 31 Dec, 2023 03:04am

Commodities

Japanese rubber futures rise

SINGAPORE: Japanese rubber futures ended the year with a 17.7% increase following a dip in 2022, driven by market...

Published 31 Dec, 2023 03:04am

Commodities

Funds scramble out of more CBOT wheat shorts but firmly sell meal

NAPERVILLE, (Illinois): Speculators got caught on the wrong side of the Chicago wheat market when China began its US...

Published 31 Dec, 2023 03:04am

Commodities

China’s net gold imports via HK rise

BENGALURU: China’s net gold imports via Hong Kong rose about 37% in November from the previous month, data showed...

Published 31 Dec, 2023 03:04am

Commodities

Saudi Arabia buys wheat in tender

DUBAI: Saudi Arabia bought 1,353,000 metric tons of wheat in a tender, the General Food Security Authority (GFSA)...

Published 31 Dec, 2023 03:04am

Commodities

India’s sugar output drops

MUMBAI: Indian mills produced 7.4 million metric tons of sugar between Oct. 1 and Dec. 15, a 10.7% fall from the...

Published 31 Dec, 2023 03:04am

Commodities

Copper dips, but heads for yearly rise

LONDON: Copper prices dipped on Friday, pressured by a firmer dollar, but were on track to achieve a modest gain ...

Published 31 Dec, 2023 03:04am

Commodities

Gold headed for best year since 2020

BENGALURU: Gold edged up on Friday as it looked set to mark its best year in three, supported by expectations that...

Published 31 Dec, 2023 03:04am

Energy

Generating more units: Wapda helps exchequer save Rs106bn

LAHORE: Wapda generated about 34 billion units of low-cost, clean, and green hydel electricity in 2023, which is 2.2...

Published 31 Dec, 2023 03:04am

Section 5 of MPO: IHC defines how detention orders can be passed

ISLAMABAD: The Islamabad High Court (IHC) has declared that the impugned detention orders could not be passed ...

Updated 31 Dec, 2023 09:53am

Atif Ikram elected FPCCI president

KARACHI: Majority of candidates nominated by United Business Group (UBG) and Businessmen Panel Progressive (BMP)...

Updated 31 Dec, 2023 09:52am

IK’s assets increased by Rs277m in 5 years

ISLAMABAD: The jailed former Prime Minister Imran Khan’s assets increased by more than Rs277 million in the past...

Updated 31 Dec, 2023 09:52am

IBO in Mir Ali: Five terrorists including commander Khuray killed: ISPR

ISLAMABAD: Five terrorists, including a terrorist commander Rahzaib aka Khuray, were killed in an intelligence-based...

Updated 31 Dec, 2023 09:52am

‘The Democrats’ panel sweeps elections: Sarbazi reelected KPC president

Shoaib Ahmed was elected as a secretary with 843 votes while his opponent Arif Khan got 96 votes

Updated 31 Dec, 2023 09:58am

CM inaugurates ‘Baitul Maal Portal’

Naqvi says with this portal assistance will be easily available to the deserving and needy

Updated 31 Dec, 2023 10:00am

Commodities

Gold falls sharply

KARACHI: Gold prices on Saturday saw a sizeable fall on the local market, but silver was steady, traders said. Gold...

Published 31 Dec, 2023 03:04am

Stop the spoofs

As internet banking disputes spiral upwards, analysts delve into the dark art of fraudsters, revealing surprising...

Published 31 Dec, 2023 03:04am

Vested interests and policy reversals

EDITORIAL: Just when the certainty of the election was supposed to bolster confidence about continued engagement ...

Published 31 Dec, 2023 03:04am

Letters

Economic growth the major victim

The State Bank of Pakistan governor’s “Annual Report for 2022-23” has pointed out, among other the things, the...

Published 31 Dec, 2023 03:04am

Energy

US natural gas prices dip

NEW YORK: US natural gas futures slipped on Friday and recorded their biggest percentage fall for the year since...

Published 31 Dec, 2023 03:04am

Industry

Analyst says agri sector performed well despite challenges

KARACHI: Economic challenges in 2023 were quite bigger but we have seen tremendous progress in agriculture which...

Published 31 Dec, 2023 03:04am

Swiss financial watchdog wants to examine clawing back bankers’ bonuses

ZURICH: Switzerland’s financial regulator wants to discuss the ability to claw back bonuses from bankers as part ...

Published 31 Dec, 2023 03:04am

Pak-Afghan businessmen agree to organise global trade expo at Peshawar

PESHAWAR: A meeting of leading businessmen and stakeholders of Pak-Afghan trade have agreed over holding of an...

Published 31 Dec, 2023 03:04am

Karachi crime

EDITORIAL: The tall claim made by AIG Police Karachi Khadim Hussain Rind, to deal “strictly” with rising crime ...

Published 31 Dec, 2023 03:04am

Companies

NFL leads way for ‘Red Chillies Ecosystem’ development

LAHORE: Drawing inspiration from the success of the “Seed to Table” project, which aimed to fortify the tomato...

Published 31 Dec, 2023 03:04am

Money & Banking

Pakistan’s first: Bank Alfalah launches Digital Payments Sales, Service Centres

KARACHI: Bank Alfalah, one of the leading commercial and digital banks, inaugurated Pakistan’s first Digital...

Published 31 Dec, 2023 03:04am

ATIR Lahore explains how foreign companies should approach

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Lahore has unanimously held that the foreign companies have...

Published 31 Dec, 2023 03:04am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 28	254.63
Diesel/Litre / Apr 28	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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