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 / 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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