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 / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 25	150.44
USD to Swiss Franc / Mar 25	0.88
Pound Sterling to USD / Mar 25	1.29
Euro to USD / Mar 25	1.08
UK LIBOR % / Mar 25	4.96

Stock	Volume
S&P 500 / Mar 25	5,776.65
India Sensex / Mar 25	78,876.83
Tokyo Nikkei / Mar 25	37,938.34
Nasdaq / Mar 25	18,271.86
Hang Seng / Mar 25	23,409.08
FTSE 100 / Mar 25	8,663.80
Dow Jones / Mar 25	42,587.50
Germany DAX 30 / Mar 25	23,109.79
France CAC40 / Mar 25	8,108.59

Item	Value
Crude Oil USD/Barrel / Mar 25	69.19
Karachi Cotton PKR/37.32 KG / Mar 25	17,085
Gold 10 Grams PKR / Mar 25	272,462
Gold Spot USD/Ounce / Mar 25	3,017.63
Cotton US¢/pound / Mar 25	65.24
Petrol/Litre / Mar 26	255.63
Diesel/Litre / Mar 26	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 26 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	3.01 ▲ 1 (49.75%)
Sec. Inv. Bank / Mar 26 Security Investment Bank Limited(SIBL)	9.99 ▲ 1 (11.12%)
Zephyr Textile / Mar 26 Zephyr Textiles Limited(ZTL)	11.40 ▲ 1.04 (10.04%)
Leiner Pak Gelat / Mar 26 Leiner Pak Gelatine Limited(LPGL)	110.80 ▲ 10.07 (10%)
Philip Morris Pak. / Mar 26 Philip Morris (Pakistan) Limited(PMPK)	737.77 ▲ 67.07 (10%)
Crescent Fib. / Mar 26 Crescent Fibres Limited(CFL)	45.69 ▲ 4.13 (9.94%)
Hussain Industries / Mar 26 Husein Industries Limited(HUSI)	27.29 ▲ 2.42 (9.73%)
Universal Ins. / Mar 26 The Universal Insurance Company Limited(UVIC)	10.34 ▲ 0.91 (9.65%)
LSE Financial Serv. / Mar 26 LSE Financial Services Limited(LSEFSL)	18.79 ▲ 1.65 (9.63%)
Suhail Jute / Mar 26 Suhail Jute Mills Limited(SUHJ)	99.89 ▲ 7.79 (8.46%)

Stock	Price
Jubilee Spinning / Mar 26 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.64 ▼ -1.13 (-9.6%)
Atlas Ins. Ltd / Mar 26 Atlas Insurance Limited(ATIL)	57.95 ▼ -6.03 (-9.42%)
Pak Gen.Ins. / Mar 26 The Pakistan General Insurance Co. Ltd.(PKGI)	8.34 ▼ -0.79 (-8.65%)
Noon Sugar / Mar 26 Noon Sugar Mills Limited(NONS)	73.51 ▼ -6.06 (-7.62%)
PIA Holding Co.B / Mar 26 PIA Holding Company Limited B(PIAHCLB)	900.16 ▼ -71.96 (-7.4%)
UDL International / Mar 26 UDL International Limited(UDLI)	7.11 ▼ -0.53 (-6.94%)
Bela Auto / Mar 26 Bela Automotives Limited(BELA)	170 ▼ -11.94 (-6.56%)
Packages Ltd. / Mar 26 Packages Limited(PKGS)	547 ▼ -36.92 (-6.32%)
Ruby Textile / Mar 26 Ruby Textile Mills Limited(RUBY)	6.58 ▼ -0.43 (-6.13%)
Sanghar Sugar / Mar 26 Sanghar Sugar Mills Limited(SANSM)	47.70 ▼ -3 (-5.92%)

Stock	Volume
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	23,561,152 ▲ 1.55
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	22,825,615 ▼ -1.19
P.S.O. / Mar 26 Pakistan State Oil Company Limited(PSO)	20,860,450 ▼ -3.67
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	14,454,846 ▲ 0.07
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	12,412,844 ▲ 0
Engro Fert. / Mar 26 Engro Fertilizers Limited(EFERT)	12,396,690 ▲ 1.17
B.O.Punjab / Mar 26 The Bank of Punjab(BOP)	10,207,107 ▲ 0.06
Sui South Gas / Mar 26 Sui Southern Gas Company Limited(SSGC)	7,601,850 ▼ -0.08
Pak Refinery / Mar 26 Pakistan Refinery Limited(PRL)	7,461,474 ▲ 0.22
Pak Int.Bulk / Mar 26 Pakistan International Bulk Terminal(PIBTL)	7,039,319 ▲ 0.09

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