News Archives for Print - 2024-02-10

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Print - 2024-02-10

Rates

Stocks close deep in the red

KARACHI: Pakistan Stock Exchange on Friday remained under severe pressure and closed in deep red due to investor...

Published 10 Feb, 2024 05:48am

The Weather

KARACHI: The weather report on Friday (February 09, 2024) and the forecast for Saturday (February 10, 2024)...

Published 10 Feb, 2024 05:48am

Two suspected Daesh terrorists killed

ISLAMABAD: Security forces conducted an intelligence-based operation in Qilla Saifullah District of Balochistan on...

Published 10 Feb, 2024 05:48am

MWM enters mainstream politics with a crucial win from Kurram

ISLAMABAD: In a commendable move, the people from sectarian-volatile Kurram district voted for a Majlis...

Published 10 Feb, 2024 05:48am

Fractious poll fertile ground for disinformation?

ISLAMABAD: Fake boycotts, fictional ballots and blasphemy smears: a deluge of disinformation accompanied country’s...

Published 10 Feb, 2024 05:48am

ECP restrained from notifying NA-128 result

LAHORE: The Lahore High Court (LHC) on Friday restrained the returning officer (RO) of NA-128 from notifying the...

Published 10 Feb, 2024 05:48am

South Asia

Three dead after India madrassa demolition sparks religious clashes

DEHRADUN, (India): Three people were killed in India and dozens more injured after religious clashes sparked by the...

Published 10 Feb, 2024 05:48am

Meta removes Instagram, Facebook accounts of Khamenei

SAN FRANCISCO: Meta on Thursday said it had removed the Facebook and Instagram accounts of Iran’s supreme leader...

Published 10 Feb, 2024 05:48am

Russia won’t invade Poland? ‘Zero credibility’: Warsaw

WARSAW: Poland’s defence minister said Friday that Russian leader Vladimir Putin had “zero credibility” ...

Published 10 Feb, 2024 05:48am

Hostage situation on Swiss train ends with suspect killed

YVERDON-LES-BAINS, (Switzerland): A hostage situation on a train in the west of Switzerland on Thursday night ended...

Published 10 Feb, 2024 05:48am

300MW category–III wind project: SIFC EC directs PPIB to conduct bidding process

ISLAMABAD: The Executive Committee of the Special Investment Facilitation Council (SIFC) has directed the Private...

Updated 10 Feb, 2024 04:23pm

New govt will have to introduce long-term financing plan: Moody’s

ISLAMABAD: The newly-elected government will have to put in place a long-term financing plan to meet its very large...

Published 10 Feb, 2024 05:48am

ECC approves 3-month basic pay to PMO’s staff

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved three months’ basic salary to the...

Updated 10 Feb, 2024 09:32am

Recognition of Afghan govt needed regional consensus: PM

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar om Friday said that all countries of the region, including...

Published 10 Feb, 2024 05:48am

Elections 2024

It is election time in the Islamic Republic of Pakistan. Consider the inflationary trends in the country as,...

Published 10 Feb, 2024 05:48am

Gilani for greater unity to steer country out of crises

MULTAN: Acknowle dging the split mandate, MNA-elect Syed Yousaf Raza Gilani urged all stakeholders to come forward...

Published 10 Feb, 2024 05:48am

PARTLY FACETIOUS: Maryam won but didn’t win big

“Don’t look so smug, the battle royale has not yet been engaged.” “I am just smiling because this is the...

Published 10 Feb, 2024 05:48am

NA-127 results: Sherry for scrutiny, transparency in electoral process

LAHORE: Pakistan People’s Party (PPP) Vice-President Senator Sherry Rehman emphasised the party’s commitment to...

Published 10 Feb, 2024 05:48am

SC explains its approach to contempt cases

ISLAMABAD: The Supreme Court held that the Court (SC or HC) has to assess the contempt and its gravity and may also...

Published 10 Feb, 2024 05:48am

Ministry seeks global support to successfully eradicate poliovirus

ISLAMABAD: The Ministry of National Health Services and Regulations, Friday, while reaffirming Pakistan’s resolve...

Published 10 Feb, 2024 05:48am

JKLF urges India to hand over mortal remains of Shaheed Maqbool Butt for burial

MIRPUR: The United States-based acting Chairman of Jammu Kashmir Liberation Front (JKLF Yaseen Malik Group), Raja...

Published 10 Feb, 2024 05:48am

Rainy spell may subside fog conditions

KARACHI: The country is likely to receive a near normal rainfall for its most parts in February 2024 that will...

Published 10 Feb, 2024 05:48am

Loyalists of IK take half-way lead in vote count

ISLAMABAD: Candidates loyal to jailed former prime minister Imran Khan edged ahead in Pakistan’s election Friday,...

Published 10 Feb, 2024 05:48am

PTI-backed independent candidate says will move the court against results

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI)-backed independent candidate Shoaib Shaheen on Friday said that he would...

Published 10 Feb, 2024 05:48am

May 9 riots: ATCs extend IK’s bails

LAHORE: Anti-terrorism courts on Friday extended the pre-arrest bails of former chairman PTI Imran Khan in seven...

Published 10 Feb, 2024 05:48am

All members of Sharif family win NA seats comfortably

LAHORE: All members of the Sharif family won National Assembly seats from Lahore defeating their opponents with a...

Published 10 Feb, 2024 05:48am

JI Karachi sees ‘historic rigging’

KARACHI: Jamaat-e-Islami (JI) on Friday criticised the Election Commission of Pakistan (ECP) for its alleged failure...

Published 10 Feb, 2024 05:48am

President tweets on ‘wisdom’

ISLAMABAD: President of Pakistan Arif Alvi stated that “if we find ourselves in a hole then wisdom dictates that ...

Published 10 Feb, 2024 05:48am

NA, Punjab PA seats: Maryam says PML-N doing well

LAHORE: The Pakistan Muslim League (PML-N) has emerged as the single largest party in the centre as well as Punjab,...

Published 10 Feb, 2024 05:48am

PTI-backed candidates secure 3 NA seats in Lahore

LAHORE: The Tehreek-e-Insaf (PTI)-backed independent candidates secured three National Assembly seats out of the...

Published 10 Feb, 2024 05:48am

‘Independents’ trounce many ‘heavyweights’ in KP

PESHAWAR: In dependent candidates in general election 2024 outclassed the heavyweights of political parties ...

Published 10 Feb, 2024 05:48am

IK claims election victory

ISLAMABAD: Jailed former Prime Minister Imran Khan on Friday claimed victory in the country’s general election in...

Published 10 Feb, 2024 05:48am

PTI claims 4 workers killed in police firing

SWAT: Four activists of Pakistan Tehreek-e-Insaf (PTI) were killed and dozens others injured in firing of police on...

Published 10 Feb, 2024 05:48am

Circular debt once again in focus

Circular debt in the energy sector is a mystery which no government could so far unfold. Over the last two decades ...

Published 10 Feb, 2024 05:48am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (February 09, 2024). ==================================== BR...

Published 10 Feb, 2024 05:48am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (February 09, 2024)....

Published 10 Feb, 2024 05:48am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (February 09, 2024). ======================== Open Bid...

Published 10 Feb, 2024 05:48am

Forex

Open market rates of foreign currencies

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

Published 10 Feb, 2024 05:48am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (February 09, 2024). ========================== KIBOR...

Published 10 Feb, 2024 05:48am

Stocks

Indian shares sink to weekly losses

BENGALURU: Indian shares were muted on Friday and logged weekly losses, weighed down by financials and consumer...

Published 10 Feb, 2024 05:48am

Stocks

HK stocks mark weak end to year of the rabbit

SINGAPORE: Hong Kong shares made a weak finish to the zodiac year in a session shortened by the festive break, with...

Published 10 Feb, 2024 05:48am

Stocks

European shares see off week lower as rising yields

PARIS: European shares ended slightly lower on Friday as advances in Ubisoft and Hermes were undercut by sliding...

Published 10 Feb, 2024 05:48am

Stocks

Megacap rally pushes S&P 500 further above 5,000 mark

NEW YORK: Big gains in megacap stocks such as Nvidia pushed the benchmark S&P 500 above the 5,000 mark for a...

Published 10 Feb, 2024 05:48am

Letters

The independent phenomenon

This is apropos a Business Recorder front page news item titled “‘Independent’ candidates steal the election...

Published 10 Feb, 2024 05:48am

Money & Banking

Most Asian FX post weekly losses

BENGALURU: Most Asian currencies declined for the week as concerns over China’s shaky economic recovery and a...

Published 10 Feb, 2024 05:48am

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 10 Feb, 2024 05:48am

Money & Banking

Dollar eases in narrow trade

NEW YORK: The dollar eased to trade in a narrow band on Friday as it headed for a fourth week of gains and traders...

Published 10 Feb, 2024 05:48am

Industry

Customs confiscates foreign-origin clothing clubbed as local goods

LAHORE: The customs department reportedly confiscated locally manufactured cloth on the pretext of non-duty paid...

Published 10 Feb, 2024 05:48am

Taxes

IRIS portal: PTBA for introducing online jurisdiction transfer system

KARACHI: The Pakistan Tax Bar Association (PTBA) has recommended introducing an online jurisdiction transfer system...

Published 10 Feb, 2024 05:48am

Cotton & Textile

Spot rate for cotton remains stable

LAHORE: The local cotton market displayed resilience on Friday despite experiencing low trading activity. Cotton...

Published 10 Feb, 2024 05:48am

Commodities

ECP fails to complete the issuance of unofficial poll results of several constituencies

Updated 10 Feb, 2024 10:24pm

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Apr 2	149.97
USD to Swiss Franc / Apr 2	0.88
Pound Sterling to USD / Apr 2	1.29
Euro to USD / Apr 2	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
Nasdaq / Mar 28	17,322.99
Dow Jones / Mar 28	41,583.90
India Sensex / Apr 2	76,432.38
Tokyo Nikkei / Apr 2	35,703.81
Hang Seng / Apr 2	23,135.12
FTSE 100 / Apr 2	8,600.97
Germany DAX 30 / Apr 2	22,268.89
France CAC40 / Apr 2	7,830.57

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Crude Oil USD/Barrel / Apr 2	71.15
Gold Spot USD/Ounce / Apr 2	3,116.61
Cotton US¢/pound / Apr 2	68.26
Petrol/Litre / Apr 3	254.63
Diesel/Litre / Apr 3	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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