News Archives for Print - 2024-02-09

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Print - 2024-02-09

US imposes sanctions for violations of Russia oil price cap

WASHINGTON: The US Treasury Department said on Thursday it had put sanctions on three entities based in the United...

Updated 09 Feb, 2024 09:10am

ZS polo qualifies for Noon Polo Cup 2024 final

LAHORE: ZS polo beat Total Nutrition by 6-5 and qualified for the main final of the Noon Polo Cup 2024 here at the...

Published 09 Feb, 2024 03:29am

PCB Chairman gets briefing on development projects

LAHORE: Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi visited the National Cricket Academy (NCA) where he...

Published 09 Feb, 2024 03:29am

Industry

Amendments to listed cos regulations: ‘Primary objective is to protect interests of minority shareholders’

ISLAMABAD: The primary objective of new amendments to the Listed Companies (Substantial Acquisition of Voting Shares...

Published 09 Feb, 2024 03:29am

USA

Five US Marines dead after California helicopter crash

LOS ANGELES: Five US service members missing after their helicopter crashed this week in southern California have...

Published 09 Feb, 2024 03:29am

Europe

Germany sends frigate to help secure Red Sea shipping

BERLIN: A German navy frigate set sail for the Red Sea on Thursday with the aim of protecting commercial ships from...

Published 09 Feb, 2024 03:29am

IT industry urges PM to insulate it against internet disruptions

ISLAMABAD: The information technology industry has urged the government to exclude it from internet suspension. A...

Published 09 Feb, 2024 03:29am

Pakistan, Russia share views on military use of AI

ISLAMABAD: Pakistan and Russia have exchanged views on cooperation in emerging technologies, particularly the...

Published 09 Feb, 2024 03:29am

Kashmir a ‘flashpoint’, points out Pakistan envoy to US

NEW YORK: Pakistan’s Ambassador to the US, Masood Khan, has called Kashmir a “flashpoint” in tensions between...

Published 09 Feb, 2024 03:29am

‘Economy, democracy crucial pillars for development of country’

LAHORE: Coordinator to Minister of State and Federal Tax Ombudsman Meher Kashif Younis said on Thursday that the...

Published 09 Feb, 2024 03:29am

Internet shutdown attracts criticism

LAHORE: The unexpected suspension of internet and mobile services on Election Day not only invited sharp criticism...

Published 09 Feb, 2024 03:29am

CM expresses satisfaction over ‘peaceful’ polling across Punjab

LAHORE: Caretaker Chief Minister Punjab Mohsin Naqvi paid a visit to the Provincial Election Commission Office on...

Published 09 Feb, 2024 03:29am

Karachi: Some ballots without ‘serial numbers’ found

KARACHI: Reports surfaced during the polling day of general elections in the city that some ballots were cast...

Published 09 Feb, 2024 03:29am

PML-N monitors election process through own monitoring cell

LAHORE: Pakistan Muslim League-Nawaz (PML-N) monitored the election process through its election monitoring cell...

Published 09 Feb, 2024 03:29am

Lahore witnesses ‘moderate’ turnout

LAHORE: The polling for 14 National Assembly and 30 Punjab Assembly seats was held on Thursday in the provincial...

Published 09 Feb, 2024 03:29am

PPP approaches CJP against mobile phone, internet disruptions

ISLAMABAD: Pakistan Peoples Party (PPP) approached Chief Justice Qazi Faez against the unannounced disruption of...

Published 09 Feb, 2024 03:29am

PM congratulates nation on ‘high’ voter turnout

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Thursday, congratulating the nation over the successful...

Published 09 Feb, 2024 03:29am

Daniyal Aziz arrested

SHAKARGARH: Former Pakistan Muslim League-Nawaz (PML-N) leader Daniyal Aziz was arrested from Shakargarh on...

Published 09 Feb, 2024 03:29am

CEC commends successful conduct of election

ISLAMABAD: Chief Election Commissioner (CEC) Sikandar Sultan Raja expressed his gratitude and congratulations to the...

Published 09 Feb, 2024 03:29am

Europe

Maersk’s profit sinks, warns of Red Sea risk

COPENHAGEN: Shares in shipping giant Maersk dived on Thursday after it warned of an uncertain 2024 earnings outlook...

Published 09 Feb, 2024 03:29am

Balochistan launches large-scale solar project under CPEC

BEIJING: The Balochistan government, with the support of Chinese government, has completed the solarization of 12...

Published 09 Feb, 2024 03:29am

Non-compliance of allocation of 5pc quota for women: IHC directs ECP to take action against parties

ISLAMABAD: The Islamabad High Court (IHC) directed the Election Commission of Pakistan (ECP) to take action on a...

Published 09 Feb, 2024 03:29am

Punjab caretaker govt: Major ‘statistical discrepancy’ identified

ISLAMABAD: A statistical discrepancy of Rs231.352 billion was noted in the fiscal operation (or spending) of the...

Updated 09 Feb, 2024 09:10am

Iraq revokes Iran’s Bank Melli operating licence

BAGHDAD: The Central Bank of Iraq (CBI) has revoked the operating licence of Iran’s largest bank, Bank Melli Iran,...

Published 09 Feb, 2024 03:29am

Scientists in UK set fusion record

LONDON: Scientists in Britain announced Thursday they had smashed a record for generating fusion energy in the final...

Published 09 Feb, 2024 03:29am

Outcome remains uncertain: Bilawal

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari showed concern over the slow process of...

Published 09 Feb, 2024 03:29am

At least 12 dead, 39 injured in 51 terrorist attacks

ISLAMABAD: At least 51 cowardly terrorist attacks aimed at disrupting the electoral process took place, mostly in...

Published 09 Feb, 2024 03:29am

Army congratulates nation

RAWALPINDI: We extend heartfelt congratulations to the nation on the generally peaceful and violence free conduct of...

Published 09 Feb, 2024 03:29am

PTI claims results being delayed

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Thursday alleged that election results across the country are being...

Published 09 Feb, 2024 03:29am

Israel bombs Rafah city as battlefront nears

GAZA STRIP: Israel’s armed forces stepped up air strikes on Gaza’s far-southern Rafah on Thursday as fears of...

Updated 09 Feb, 2024 09:42am

Discos’ management: CCoP defers approval to PD proposal

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) has deferred approval of the Power Division’s proposal to...

Updated 09 Feb, 2024 02:47pm

Saudi firm keen to invest in renewable energy sector

ISLAMABAD: Saudi company ACWA Power is reportedly ready to offer low tariff for solar project of 600 MWp subject to...

Updated 09 Feb, 2024 09:11am

Huawei raided in France on suspicion of improper conduct

PARIS: The French offices of Chinese telecoms giant Huawei were raided this week on suspicion of improper behaviour,...

Updated 09 Feb, 2024 09:43am

Security further tightened as unofficial results begin to come out

ISLAMABAD: Although the police personnel were seen guarding the polling stations during general elections,...

Published 09 Feb, 2024 03:29am

The Weather

KARACHI: The weather report on Thursday (February 08, 2024) and the forecast for Friday (February 09, 2024)...

Published 09 Feb, 2024 03:29am

India’s central bank holds rates, vows to cut inflation

NEW DELHI: India’s central bank kept interest rates unchanged for a sixth time in a row Thursday, as both ...

Published 09 Feb, 2024 03:29am

Rates

LME official prices

LONDON: The following were Wednesday official prices. ========================================= ALUMINIUM...

Published 09 Feb, 2024 03:29am

Commodities

Prices of parboiled rice exported from India extend rally

BENGALURU/MUMBAI/HANOI/BANGKOK: Prices of parboiled rice exported from top hub India extended their rally this week,...

Published 09 Feb, 2024 03:29am

Energy

Oil up on Gaza ceasefire rejection

NEW YORK: Oil prices gained over 2% on Thursday on concerns of a broadening conflict in the Middle East after Israel...

Published 09 Feb, 2024 03:29am

Commodities

Chicago soybeans drop for 2nd session

SINGAPORE: Chicago soybeans lost more ground on Thursday, while corn prices traded close to a three-year low hit in...

Published 09 Feb, 2024 03:29am

Energy

US natural gas prices fall

NEW YORK: US natural gas futures fell about 2% on Wednesday to a three-year low after breaking through the key $2 ...

Published 09 Feb, 2024 03:29am

Commodities

Gold subdued as traders seek more Fed cues

BENGALURU: Gold prices eased on Thursday as dollar ticked higher, with investors awaiting more cues on the timing of...

Published 09 Feb, 2024 03:29am

Commodities

EU wheat slides to fresh lows

PARIS: Euronext wheat futures slid to new contract lows on Thursday as an unrelenting decline in Russian prices...

Published 09 Feb, 2024 03:29am

Commodities

Dalian iron ore near one-week high

HANOI: Iron ore futures in China climbed to near a one-week high on Thursday, on hope of better demand from the...

Published 09 Feb, 2024 03:29am

Commodities

Japan rubber futures close flat

SINGAPORE/TOKYO: Japanese rubber futures ended flat on Thursday in thin trade as investors refrained from making big...

Published 09 Feb, 2024 03:29am

Commodities

Malaysian palm oil futures close almost flat amid supply worries

KUALA LUMPUR: Malaysian palm oil futures were little changed on Thursday after three consecutive sessions of gains,...

Published 09 Feb, 2024 03:29am

Commodities

Zinc hits lowest in five months on China fears

LONDON: Zinc prices slid to their lowest in more than five months on Thursday, hit by rising inventories and worries...

Published 09 Feb, 2024 03:29am

Energy

India’s fuel demand rises

BENGALURU: India’s fuel consumption rose 8.2% year-on-year in January, government data showed on Thursday, helped...

Published 09 Feb, 2024 03:29am

Commodities

Brazil’s Conab lowers soy, corn forecast on unfavourable weather

SAO PAULO: Brazilian crop agency Conab on Thursday lowered the forecast for the country’s 2023/24 soybean and corn...

Published 09 Feb, 2024 03:29am

Commodities

Brazil farmer bankruptcy filings worry global grain traders

SAO PAULO: Brazilian grain exporters lobby Anec on Thursday warned it was concerned about a rise in farmer ...

Published 09 Feb, 2024 03:29am

Energy

Space heating cost: gas price hike brings factor price equalization theorem under focus

ISLAMABAD: With a massive increase in natural gas and electricity prices, the cost of space heating of both energy...

Published 09 Feb, 2024 03:29am

Regulated Entities: SECP to appoint new auditors

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to appoint new auditors for...

Updated 09 Feb, 2024 09:45am

Internet services suspended on security concerns

ISLAMABAD: Keeping in view the deteriorating law and order situation and to mitigate potential security threats, the...

Published 09 Feb, 2024 03:29am

‘Independent’ candidates steal the election show?

Clear picture likely to emerge early today

Published 09 Feb, 2024 03:29am

Immediate economic priorities for the incoming government

The new government that comes into office will have its work sharply cut out as far as the economic challenges are...

Published 09 Feb, 2024 03:29am

Outgoing caretakers & challenges ahead

In August 2023, Anwaar-ul-Haq Kakar assumed the charge of interim Prime Minister of Pakistan, marking the...

Published 09 Feb, 2024 03:29am

Bulldozing justice

EDITORIAL: It is clear that the recent consecration of the Ram temple in Ayodhya has only served to whet the ...

Published 09 Feb, 2024 03:29am

Another gas price hike

EDITORIAL: The Oil and Gas Regulatory Authority (Ogra) has raised gas prices for both Sui companies - Southern and...

Published 09 Feb, 2024 03:29am

Letters

An interesting survey

A survey conducted by Ispos Pakistan Pulse has revealed some interesting details about people’s likely responses ...

Published 09 Feb, 2024 03:29am

Polling conducted under tight security across KP

PESHAWAR: Amid stringent security and adequate arrangements, polling for 45 General Seats of National Assembly and...

Published 09 Feb, 2024 03:29am

JI Karachi chief levels accusations against MQM-P

KARACHI: Jamaat-e-Islami (JI) Karachi chapter on Thursday vented out its anger over the alleged attempts of election...

Published 09 Feb, 2024 03:29am

Presiding Officer robbed in Karachi

KARACHI: Unidentified armed men robber a Presiding Officer in Malir Saudabad area of Karachi on Thursday. According...

Published 09 Feb, 2024 03:29am

Minister says ‘enthusiastic’ voter turnout to augur well for future of democracy

ISLAMABAD: Federal Minister for Information, Broadcasting and Parliamentary Affairs Murtaza Solangi said on Thursday...

Published 09 Feb, 2024 03:29am

Polling stations: ECP rolls out the red carpet for observers and media

ISLAMABAD: In a move that promises transparency and open access, the Election Commission of Pakistan (ECP) has laid...

Published 09 Feb, 2024 03:29am

Industry

‘Texworld Evolution Paris’: Exhibitors show substantial presence

ISLAMABAD: With a total of 19 enterprises, the Pakistani exhibitors show a substantial presence and impact at the...

Published 09 Feb, 2024 03:29am

Taxes

FBR computer network: Major attack aimed at data breach thwarted

ISLAMABAD: The Federal Board of Revenue (FBR) has averted a major attempt at data breach by timely stopping...

Updated 09 Feb, 2024 09:10am

KSA to hire Goldman, Citi, HSBC for Aramco share sale

RIYADH: Saudi Arabia is set to hire Citigroup Inc, Goldman Sachs Group Inc and HSBC Holdings Plc for a secondary...

Updated 09 Feb, 2024 09:42am

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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