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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

MoF issues FY25 budget call circular

ISLAMABAD: The Finance Ministry has issued the Budget Call Circular (BCC) for fiscal year 2024-25 with a timeline...

Updated 08 Feb, 2024 10:00am

Key issues behind low revenue identified: Cabinet concerned at ‘integrity’ of FBR board members?

ISLAMABAD: The caretaker Federal Cabinet has reportedly expressed its concerns over the integrity of private members...

Updated 08 Feb, 2024 10:11am

FBR restructuring: IHC suspends I&ADC notification

ISLAMABAD: The Islamabad High Court (IHC) on Wednesday suspended the notification for the constitution of a...

Updated 08 Feb, 2024 10:09am

130,882 personnel of Army, civil armed forces deployed

ISLAMABAD: As many as 130,882 officials of the army and the civil armed forces have been deployed to ensure security...

Updated 08 Feb, 2024 10:10am

Border crossings with Afghanistan, Iran to remain closed today

ISLAMABAD: To fully ensure security for the general polls, Pakistan decided to close border crossings with...

Updated 08 Feb, 2024 10:11am

Three killed in Karachi grenade explosion

KARACHI: A suspected terrorist, along with a woman and a child, are said to be killed in a blast in Gulshan e...

Updated 08 Feb, 2024 10:11am

Nation goes to the polls today

ISLAMABAD: In the ‘absence’ of former ruling party—Pakistan Tehreek-e-Insaf (PTI) — the country finally goes to...

Updated 08 Feb, 2024 09:57am

Violence grips country on the eve of general election

At least 28 people killed and over 30 injured

Updated 08 Feb, 2024 10:10am

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

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

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

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

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

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

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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