News Archives for Print - 2024-02-08

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Print - 2024-02-08

The Weather

KARACHI: The weather report on Wednesday (February 07, 2024) and the forecast for Thursday (February 08, 2024)...

Published 08 Feb, 2024 05:07am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 08 Feb, 2024 05:07am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on...

Published 08 Feb, 2024 05:07am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (February 07, 2024). ======================== Open ...

Published 08 Feb, 2024 05:07am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (February 07, 2024)....

Published 08 Feb, 2024 05:07am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (February 07, 2024). ====================================...

Published 08 Feb, 2024 05:07am

Divided UN faces world in ‘age of chaos:’ Guterres

UNITED NATIONS: UN Secretary-General Antonio Guterres warned Wednesday that the world is entering “an age of...

Published 08 Feb, 2024 05:02am

WAPDA, SNGPL set to lock horns for President's Trophy final

LAHORE: Water and Power Development Authority (WAPDA) and Sui Northern Gas Pipelines Limited (SNGPL) are set to play...

Published 08 Feb, 2024 05:02am

Declaring Nawaz Sharif as PM: PPP urges ECP to take notice of advertisement on newspaper front pages by PML-N

ISLAMABAD: The Pakistan People’s Party (PPP) said that the Election Commission of Pakistan (ECP) should take ...

Published 08 Feb, 2024 05:02am

PTI urges masses to cast their votes in great numbers

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Wednesday called upon the masses not to stay home at any cost on...

Published 08 Feb, 2024 05:02am

KPK: elections on 45 NA, 115 PA seats today

PESHAWAR: Polling for 45 general seats of the National Assembly and 115 general seats of the Provincial Assembly in...

Published 08 Feb, 2024 05:02am

Effective July 2023: ECC raises gas price for Fatima Fertilizer, Agritech

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has increased the gas price for Fatima ...

Published 08 Feb, 2024 05:02am

Elections: KE extends full support to polling stations

KARACHI: K-Electric is taking all necessary measures in preparation of the 2024 General Elections. Polling stations...

Published 08 Feb, 2024 05:02am

Women candidates in the run in elections on general seats

LAHORE: Dozens of women candidates from different parties are contesting on general assembly seats of National and...

Published 08 Feb, 2024 05:02am

Wafaqi Mohtasib resolves 193,028 complaints

ISLAMABAD: Wafaqi Mohtasib has resolved 193,028 complaints against the maladministration of government departments...

Published 08 Feb, 2024 05:02am

2024 Happy Chinese New Year: Series of activities launched

ISLAMABAD: The China Cultural Centre in Pakistan and the Cultural Office of the Chinese Embassy in Pakistan have...

Published 08 Feb, 2024 05:02am

Pakistan, Commonwealth of Dominica establish diplomatic ties

ISLAMABAD: The Islamic Republic of Pakistan and the Commonwealth of Dominica, a Caribbean Island nation, established...

Published 08 Feb, 2024 05:02am

LHC disposes of plea of Elahi’s wife

LAHORE: The Lahore High Court on Wednesday disposed of a petition of Qaisera Elahi, wife of PTI president and former...

Published 08 Feb, 2024 05:02am

Digital Development: ITU appoints Dr Umar to DIB of IEA

ISLAMABAD: The International Telecommunications Union (ITU) has announced the appointment of Dr Umar Saif to the...

Published 08 Feb, 2024 05:02am

IGP Punjab issues promotion orders of 35 inspectors

LAHORE: Inspector General Police Punjab Dr Usman Anwar has issued orders to promote 35 inspectors to the posts of...

Published 08 Feb, 2024 05:02am

Cold, dry, windy weather predicted

KARACHI: The election day is likely to see weather with varying conditions from cold and dry to windy and foggy...

Published 08 Feb, 2024 05:02am

CEO KW&SC inspects repair work at Hub Canal

KARACHI: CEO KW&SC Engineer Syed Salahuddin Ahmed made a detailed visit to the Hub Canal which was cracked due ...

Published 08 Feb, 2024 05:02am

PITB’s e-Rozgaar Training Programme: 11,000 Punjab graduated in 2023

LAHORE: Through the e-Rozgaar Training Programme, over 11,000 youth from across Punjab graduated in 2023,...

Published 08 Feb, 2024 05:02am

PID makes elaborate arrangements for coverage of polling, results

ISLAMABAD: Press Information Department (PID) has made elaborate arrangements for coverage of the polling and the...

Published 08 Feb, 2024 05:02am

LEAs put security in ICT on high alert

ISLAMABAD: Law Enforcement Agencies put security on high alert in the federal capital and deployed over 9,000...

Published 08 Feb, 2024 05:02am

Lahore: PTI fields 14 candidates for NA, 30 for PA seats

LAHORE: The Pakistan Tehreek-e-Insaf (PTI) has pitched 14 candidates for the National Assembly seats and 30 for the...

Published 08 Feb, 2024 05:02am

General Elections: Punjab police pulls its socks up

LAHORE: Punjab Police has completed its security arrangements and preparations for the peaceful conduct of General...

Published 08 Feb, 2024 05:02am

FESCO establishes election monitoring cell

FAISALABAD: On the special directives of the Ministry of Energy, Power Division and Government of Pakistan, Chief...

Published 08 Feb, 2024 05:02am

CS visits election control room

LAHORE: Chief Secretary Punjab Zahid Akhtar Zaman, on Wednesday, visited the control room set up in the Home...

Published 08 Feb, 2024 05:02am

Punjab: elections on 144 NA, 297 PA seats today

LAHORE: All is set to hold general elections on 144 national and 297 provincial assembly constituencies in Punjab...

Published 08 Feb, 2024 05:02am

NA 127: fierce fight between PML-N and PTI expected

LAHORE: A two-way fight is expected between the Pakistan Muslim League-N (PML-N) and the Pakistan Tehreek-e-Insaf...

Published 08 Feb, 2024 05:02am

IG orders appointment of 23 police martyrs’ kids as junior clerks

LAHORE: Inspector General Police Punjab Dr Usman Anwar is taking all possible measures for the best welfare of the...

Published 08 Feb, 2024 05:02am

Matters of faith: Courts must exercise extreme caution, rules SC

ISLAMABAD: The Supreme Court ruled that the Courts must exercise extreme caution when dealing with matters of ...

Published 08 Feb, 2024 05:02am

Post-election situation: Experts see largely ‘polarized’ political landscape

KARACHI: Considering the number of parties and independent candidates contesting in general elections on February 8,...

Published 08 Feb, 2024 05:02am

Zardari, Bilawal condemn terror attacks in Balochistan

ISLAMABAD: Former president of Pakistan and President Pakistan People’s Party Parliamentarians Asif Ali Zardari ...

Published 08 Feb, 2024 05:02am

Commonwealth team visits Sindh EC office

KARACHI: A delegation of Commonwealth headed by Ahmed Issack Hassan, former Chairperson of the Independent National...

Published 08 Feb, 2024 05:02am

General election: CPJ urges authorities to allow nationwide access to internet

NEW YORK: “Pakistani authorities must allow journalists to work freely and safely in the run-up to elections on...

Published 08 Feb, 2024 05:02am

International oil suppliers: New procedure for import of crude oil, other POL products

ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday issued a new procedure for the international oil suppliers...

Updated 08 Feb, 2024 09:58am

Computer monitor panels: Customs’ values on import of old, used LCD/LED fixed

ISLAMABAD: Directorate General of Customs Valuation Karachi for the first-time fixed customs values on the import of...

Updated 08 Feb, 2024 10:07am

Baggasse-fired IPPs: Nepra allows fuel cost component

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has allowed fuel cost component (FCC) to...

Updated 08 Feb, 2024 09:59am

Rates

Stocks up

KARACHI: A bullish trend continued on Pakistan Stock Exchange on Wednesday on the back of fresh buying by local and...

Published 08 Feb, 2024 05:02am

Pakistan committed to inclusive democratic process: FO

ISLAMABAD: Reacting to concerns voiced by the Office of the High Commissioner for Human Rights (OHCHR) on harassment...

Published 08 Feb, 2024 05:02am

Political art on trucks hurt by preference for posters

PESHAWAR: Colourful trucks with paintings of political leaders that once dotted country’s roads and highways ahead...

Published 08 Feb, 2024 05:02am

Cotton & Textile

Cotton market: Steady trend amid pre-election session

LAHORE: The local cotton market demonstrated resilience on Wednesday, maintaining a steady stance with satisfactory...

Published 08 Feb, 2024 05:02am

Stocks

Indian shares erase gains as IT drags

BENGALURU: Indian shares surrendered the morning’s gains at close on Wednesday, dragged by IT stocks after global...

Published 08 Feb, 2024 05:02am

Stocks

Tokyo’s Nikkei index falls after choppy trade

TOKYO: Tokyo’s blue-chip Nikkei shares drifted lower on Wednesday as investors digested corporate earnings. The...

Published 08 Feb, 2024 05:02am

Stocks

China stocks rise further on market rescue hopes

HONG KONG: China stocks extended their rally on Wednesday as investors awaited more substantial market rescue...

Published 08 Feb, 2024 05:02am

Stocks

European shares fall as declining banks, energy stocks weigh

PARIS: European shares ended lower on Wednesday as weakness in banking shares weighed, while losses in energy...

Published 08 Feb, 2024 05:02am

Stocks

S&P 500 hits record high with earnings, rate outlook in spotlight

NEW YORK: Wall Street gained on Wednesday, with the benchmark S&P 500 scaling a new record high, as investors...

Published 08 Feb, 2024 05:02am

Stocks

Gulf markets gain on optimism over de-escalation in regional tensions

DUBAI: Most stock markets in the Gulf reversed early losses to end higher on Wednesday, helped by optimism for a...

Published 08 Feb, 2024 05:02am

Feb 8 not an ‘ODI’

On February 8, 2024 the nation will head towards the ballot box. Hopefully, the people of the Islamic Republic of...

Updated 08 Feb, 2024 05:23am

A roll of the dice?

Little did anyone foresee that prior to the 2018 elections, Nawaz Sharif would be sidelined from politics under the...

Updated 08 Feb, 2024 05:24am

I’m not voting

None of the top politicians and political parties making promises about free houses and hundreds of electricity...

Updated 08 Feb, 2024 08:42pm

Beyond authoritarian rule: navigating the technological kaleidoscope

The Constitution of Pakistan, in Article 7, provides a definition for “the State,” encompassing the federal...

Published 08 Feb, 2024 05:02am

Jamiat Ahle Hadith supports Aleem Khan

LAHORE: Muttahida Jamiat Ahle Hadith Pakistan on Wednesday announced its support for Abdul Aleem Khan, President...

Published 08 Feb, 2024 05:02am

Commodities

Gold marginally up

KARACHI: Gold prices on Wednesday saw little more gains on the local market but silver was steady, traders said. The...

Published 08 Feb, 2024 05:02am

Energy

MPCL, SEPL sign agreements

KARACHI: Mari Petroleum Company Limited (MPCL) and Spud Energy Pty Limited (SEPL) have signed agreements on ...

Published 08 Feb, 2024 05:02am

Bilawal says ‘only PPP represents the centre’

KARACHI: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari said that only his party held public...

Published 08 Feb, 2024 05:02am

Clinical trials: DRAP seeks suggestions on revision of guidelines by 22nd

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has asked all the stakeholders to send their suggestions...

Published 08 Feb, 2024 05:02am

Letters

‘Child kidnapping’

This is apropos a Business Recorder oped “Child kidnapping” carried by the newspaper last Saturday. This crime ...

Published 08 Feb, 2024 05:02am

Money & Banking

Faysal Bank doubles operating profit to Rs42.3bn for 2023

KARACHI: Faysal Bank Limited (FBL) a prominent Islamic bank in Pakistan has shown strong performance in the...

Published 08 Feb, 2024 05:02am

Escalating violence

EDITORIAL: In two separate blasts yesterday in Pishin and Qila Saifullah, Balochistan, at least 28 people have lost...

Published 08 Feb, 2024 05:02am

Ensuring internet access on Election day

EDITORIAL: It appears that the caretaker government may not have learnt much from the intense flak it received...

Published 08 Feb, 2024 05:02am

Money & Banking

Dollar slips as market awaits data

NEW YORK: The dollar slid further on Wednesday as it consolidates a bounce in recent days from surprisingly strong ...

Published 08 Feb, 2024 05:02am

Money & Banking

Indian rupee ends stronger on banks’ dollar sales

MUMBAI: The Indian rupee gained on Wednesday, in line with most of its Asian peers, on the back of dollar sales from...

Published 08 Feb, 2024 05:02am

ECNEC approves uplift projects worth Rs154bn

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved various development ...

Published 08 Feb, 2024 05:02am

Steel melters concerned over surge in power rates

LAHORE: The Pakistan Steel Melters Association (PSMA) has expressed significant concern regarding the recent surge...

Published 08 Feb, 2024 05:02am

Industry

New customs values on import of shoe polish fixed

ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of shoe ...

Published 08 Feb, 2024 05:02am

Industry

Mosquito knitted net fabric: New customs values determined

ISLAMABAD: The Directorate General of Customs Valuation Karachi has issued new customs values on the import of...

Published 08 Feb, 2024 05:02am

Germany inks agreements worth €45m on technical development

ISLAMABAD: Pakistan and Germany on Wednesday signed agreements worth Euro 45 million on technical development...

Published 08 Feb, 2024 05:02am

BMG chairman vows to help resolve small traders issues

KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI)...

Published 08 Feb, 2024 05:02am

Industry

FCCI ready to cooperate with ‘Akhuwat’: Dr Sajjad

FAISALABAD: Poverty and unemployment could be rooted out through the Islamic philosophy of “Muwakhat” and in ...

Published 08 Feb, 2024 05:02am

CM announces establishment of BFCs in every division of Punjab

LAHORE: Announcing to establish Business Facilitation Centres in every division of Punjab, Chief Minister Punjab...

Published 08 Feb, 2024 05:02am

Investors, startups: PTBA urges SECP to update guidelines, remove procedural snags

KARACHI: The Pakistan Tax Bar Association (PTBA) has requested the Securities and Exchange Commission of Pakistan...

Published 08 Feb, 2024 05:02am

SNGPL and SSGCL: Ogra makes determinations regarding ‘RERR’

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has made significant determinations regarding the Review of...

Published 08 Feb, 2024 05:02am

Violence grips country on the eve of general election

At least 28 people killed and over 30 injured

Updated 08 Feb, 2024 10:10am

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 27	254.63
Diesel/Litre / Apr 27	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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