News Archives for Print - 2024-02-13

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Print - 2024-02-13

Middle East

Israel frees two hostages, Gaza officials say 67 killed in assault

DOHA/JERUSALEM: Israel freed two Israeli-Argentine hostages held by Hamas in Rafah on Monday in a ferocious rescue...

Published 13 Feb, 2024 05:59am

Africa

Kenyan marathon world record-holder Kiptum killed in car crash

NAIROBI: Tributes poured in on Monday for Kenyan running sensation Kelvin Kiptum after the marathon world...

Published 13 Feb, 2024 05:59am

South Asia

Indian farmers ready for mass protests over crop prices

NEW DELHI: Indian police erected barricades and banned public gatherings Monday ahead of threatened protests by...

Published 13 Feb, 2024 05:59am

Middle East

‘Up in the air’: Red Sea crisis puts Yemen peace process on hold

DUBAI: As Houthi attacks roil the Red Sea and Western air raids target the rebels, moves to end Yemen’s...

Published 13 Feb, 2024 05:59am

‘Unprecedented’ levels of ‘near famine-like conditions’ in Gaza: UN

ROME: The population of the Gaza Strip is suffering “unprecedented” levels of “near famine-like conditions”...

Published 13 Feb, 2024 05:59am

Deja vu or real fear? NATO grapples with Trump threats

BRUSSELS: Donald Trump sparked outcry by threatening not to defend NATO members who do not spend enough, but for...

Published 13 Feb, 2024 05:59am

Europe

Germany’s Scholz urges ‘mass production’ of arms in Europe

UNTERLÜß (Germany): Europe must ramp up production of armaments massively and urgently, German Chancellor Olaf...

Published 13 Feb, 2024 05:59am

Europe

Gunman kills three at Greek shipping company

ATHENS: A former employee of a Greek shipping company shot dead three people including its owner before killing...

Published 13 Feb, 2024 05:59am

Qatar frees eight Indians months after dropping death sentences

NEW DELHI: Qatar has released eight former officers of the Indian navy after dropping their death sentences,...

Published 13 Feb, 2024 05:59am

South Asia

Two ex-Guantanamo prisoners return to Afghanistan

KABUL: Two former prisoners held at the US detention centre in Guantanamo Bay until 2017 were welcomed home to...

Published 13 Feb, 2024 05:59am

Court orders Netherlands to stop F-35 parts delivery to Israel

THE HAGUE: The Netherlands must stop delivering parts for F-35 fighter jets used by Israel in the Gaza Strip, after ...

Published 13 Feb, 2024 05:59am

Middle East

UAE defends Israel ties as Gaza war concerns grow

DUBAI: A top Emirati diplomat on Monday defended her country’s decision to maintain ties with Israel despite its...

Published 13 Feb, 2024 05:59am

The Weather

KARACHI: The weather report on Monday (February 12, 2024) and the forecast for Tuesday (February 13, 2024)...

Published 13 Feb, 2024 05:59am

Commodities

Farmers of southern Ukraine begin 2024 grain sowing

KYIV: Farmers in southern Ukraine have started spring grain sowing, planting the first hectares of spring barley,...

Published 13 Feb, 2024 05:59am

Commodities

India’s Jan palm oil imports drop to 3-month low

MUMBAI: India’s palm oil imports in January dropped more than 12% from a month ago to a three-month low as ...

Published 13 Feb, 2024 05:59am

Pakistan wants to enhance bilateral ties with Iran: FM

ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani on Monday reaffirmed Pakistan’s desire to enhance...

Published 13 Feb, 2024 05:59am

GIKI hosts conference on climate change, emerging trends

PESHAWAR: The 1st International Conference on Climate Change and Emerging Trends in Civil Engineering (CCETC-2024)...

Published 13 Feb, 2024 05:59am

Karachi may receive light rain today

KARACHI: The city is likely to receive a light rain today as cold weather may continue in upper Sindh, the Met ...

Published 13 Feb, 2024 05:59am

Pakistan condemns Israel’s mly aggression in Gaza

ISLAMABAD: Pakistan on Monday strongly condemned Israel’s military aggression against Rafah city in Gaza and the...

Published 13 Feb, 2024 05:59am

Two terrorists killed in Mardan

ISLAMABAD: Security forces on Monday conducted an intelligence-based operation in Mardan District, on the reported...

Published 13 Feb, 2024 05:59am

PTI leader sent to jail custody

LAHORE: An Anti Terrorism Court on Monday denied police physical remand of PTI-backed independent defeated candidate...

Published 13 Feb, 2024 05:59am

135 nationwide constituencies: ECP urged to take notice of ‘non-compliance by ROs’

ISLAMABAD: Free and Fair Election Network (FAFEN), Monday, urged the Election Commission of Pakistan (ECP) to take...

Published 13 Feb, 2024 05:59am

Punjab CM says ‘some’ people mulling repeating May 9 events

LAHORE: Caretaker Punjab Chief Minister Mohsin Naqvi said on Monday that some people are planning to repeat the May ...

Published 13 Feb, 2024 05:59am

Michael Clarke to join HBL-PSL-9 commentary team

LAHORE: Former Australian captain Michael Clarke is all set to make his HBL-PSL debut as he joins a star-studded...

Published 13 Feb, 2024 05:59am

KU, ABM ink MoU to institutionalise biorisk management

KARACHI: The University of Karachi and the Association for Biorisk Management-Pakistan signed the memorandum of...

Published 13 Feb, 2024 05:59am

Verdict on Fawad Ch’s plea seeking bail today

ISLAMABAD: A local court, on Monday, reserved its verdict on former federal minister Fawad Chaudhry’s plea seeking...

Published 13 Feb, 2024 05:59am

350 PTI leaders, activists booked

RAWALPINDI: The police, on Monday, registered cases against over 350 Pakistan Tehreek-e-Insaf (PTI) activists...

Published 13 Feb, 2024 05:59am

Six bodies recovered from Qila Saifullah

QUETTA: Six bodies were recovered from the mountainous area in Qila Saifullah, Quetta. According to details, the...

Published 13 Feb, 2024 05:59am

General elections: KATI President congratulates successful candidates

KARACHI: President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, extended congratulations...

Published 13 Feb, 2024 05:59am

Renovation of Shah Faisal Mosque will begin soon: Saudi Ambassador

ISLAMABAD: Caretaker Interior Minister Gohar Ijaz on Monday said that the ambassador of Saudi Arabia has taken...

Published 13 Feb, 2024 05:59am

Industry

All parties should work together for economic stability

KARACHI: Petroleum and CNG industry leader, member of UBG Core Committee, Malik Khuda Bakhsh has urged all political...

Published 13 Feb, 2024 05:59am

LHC grants post-arrest bail to 20 PTI workers

LAHORE: A division bench of the Lahore High Court on Monday granted post-arrest bail to 20 PTI workers in Jinnah...

Published 13 Feb, 2024 05:59am

Appointment of ‘influential’ candidates: LHC seeks reply from PU chancellor

LAHORE: The Lahore High Court on Monday sought a reply from the chancellor Punjab University (PU) on a petition of...

Published 13 Feb, 2024 05:59am

Minister addresses training session for Hajj pilgrims in Hyderabad

HYDERABAD: Caretaker Federal Minister for Religious Affairs Aneeq Ahmed participated in the first training session...

Published 13 Feb, 2024 05:59am

TCL collaborates with three HBL-PSL franchises

LAHORE: TCL Electronics Pakistan, the leading innovator in consumer electronics has announced its collaborations ...

Published 13 Feb, 2024 05:59am

UNDP Representative meets IPO-Pakistan chairman

ISLAMABAD: UNDP Resident Representative in Pakistan Samuel Rizk, along with Programme Analyst of South -Cooperation...

Published 13 Feb, 2024 05:59am

US backs freedom of assembly after election

WASHINGTON: The United States called Monday for respect of freedom of assembly as Pakistani authorities warned they...

Published 13 Feb, 2024 05:59am

Shehbaz, not Nawaz, will be PML-N’s candidate for premiership: Asif

LAHORE: Signs of formation of a coalition government at the federal level have emerged, as indicated by senior PML-N...

Published 13 Feb, 2024 05:59am

Five more ‘independents’ join PML-N

LAHORE: Five more independent legislators, including one MNA and four MPAs-elect on Monday joined the Pakistan ...

Published 13 Feb, 2024 05:59am

Government formation: PTI forms special committee

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Monday formed special committees to chalk out a strategy on government...

Published 13 Feb, 2024 05:59am

Independent candidate Chaudhry Adnan killed in Rawalpindi

RAWALPINDI: An independent candidate for the Punjab Assembly, Chaudhry Adnan, was shot dead by unknown motorcyclists...

Published 13 Feb, 2024 05:59am

HBL PSL-9 scheduled to begin on Feb 17

LAHORE: The Pakistan Cricket Board (PCB) has announced the match officials for HBL-Pakistan Super League-9, ...

Published 13 Feb, 2024 05:59am

Rates

LME official prices

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

Published 13 Feb, 2024 05:59am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (February 12, 2024). ======================================= Offset...

Published 13 Feb, 2024 05:59am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (February 12, 2024)...

Published 13 Feb, 2024 05:59am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (February 12, 2024)....

Published 13 Feb, 2024 05:59am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (February 12, 2024). ==================================== BR...

Published 13 Feb, 2024 05:59am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (February 12, 2024). ========================== KIBOR...

Published 13 Feb, 2024 05:59am

Stocks

Most Asian markets close for holidays

BENGALURU: Most Asian markets closed for Lunar New Year holidays.

Published 13 Feb, 2024 05:59am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 234,193 tonnes of cargo comprising 130,510 tonnes of import cargo and ...

Published 13 Feb, 2024 05:59am

Letters

Both Siraj and Tareen deserve praise

It can be plausibly argued that democracy in Pakistan has begun to take roots in a meaningful manner. The two...

Published 13 Feb, 2024 05:59am

Family-owned enterprises: a perspective

Behind the success of every small business is a family. This is largely true. “Behind the failure of most large...

Published 13 Feb, 2024 05:59am

Latest IMF projections

The Staff Report of the IMF on the First Review under the Stand-By Arrangement was released on the 19th of January...

Published 13 Feb, 2024 05:59am

Stocks

Indian shares drop on profit booking

BENGALURU: Indian shares declined on Monday, weighed down by broad-based profit booking, while small- and mid-caps...

Published 13 Feb, 2024 05:59am

Stocks

FTSE 100 muted ahead of Bailey comments; AstraZeneca drops

LONDON: The UK’s blue-chip FTSE 100 closed nearly flat on Monday as investors braced for a data-heavy week and...

Published 13 Feb, 2024 05:59am

Stocks

Australian shares end lower as healthcare, commodity stocks drag

SYDNEY: Australian shares snapped a three-session winning streak on Monday, dragged by healthcare and commodity...

Published 13 Feb, 2024 05:59am

Stocks

European shares near two-year highs at start of data-packed week

PARIS: European shares climbed on Monday, tracking a strong rally on Wall Street, while investors looked forward to ...

Published 13 Feb, 2024 05:59am

Stocks

Nasdaq nears all-time high; Nvidia beats Amazon’s market value

NEW YORK: US stocks climbed on Monday, with the tech-laden Nasdaq inching close to its all-time high as investors...

Published 13 Feb, 2024 05:59am

Stocks

Most Gulf markets gain ahead of US inflation data

DUBAI: Most stock markets in the Gulf ended higher on Monday, ahead of US inflation data, which is being closely...

Published 13 Feb, 2024 05:59am

PARTLY FACETIOUS: Islamic world is big on denouncement, and…

“The world has gone not quite mad but…but…” “Upside down?” “That’s right – what was up is now ...

Published 13 Feb, 2024 05:59am

JUI-F CEC to take stock of post-election situation today

ISLAMABAD: The Jamiat Ulema e Islam has summoned an emergency meeting of the party’s Central Executive Committee...

Published 13 Feb, 2024 05:59am

NA-47 and NA-48: ECP notifies returned candidates

ISLAMABAD: Only a day after seeking the related reports in three days from the returning officers of two National...

Published 13 Feb, 2024 05:59am

IHC directs police not to arrest any accused on premises of courts

ISLAMABAD: The Islamabad High Court (IHC), Monday, directed the police not to arrest any accused from the premises ...

Published 13 Feb, 2024 05:59am

PTI-backed ‘independents’ in Karachi challenge election results

KARACHI: Pakistan Tehreek-e-Insaf (PTI) supported runner-up candidates have filed petitions against election results...

Published 13 Feb, 2024 05:59am

Pakistan, US discuss ways to enhance cooperation in healthcare sector

ISLAMABAD: Pakistan and the US on Monday deliberated on ways and means to enhance bilateral cooperation in the field...

Published 13 Feb, 2024 05:59am

PTI team, President take stock of situation

ISLAMABAD: A delegation of Pakistan Tehreek-e-Insaf (PTI) informed President Dr Arif Alvi about the alleged rigging...

Published 13 Feb, 2024 05:59am

JI’s Hafiz Naeem forfeits Sindh Assembly seat

KARACHI: In a groundbreaking gesture of a political unity, Hafiz Naeemur Rehman, the Chief of Jamaat-e-Islami (JI)...

Published 13 Feb, 2024 05:59am

Talks with political parties: PPP CEC decides to form committee

ISLAMABAD: Pakistan People’s Party (PPP)’s Central Executive Committee (CEC) meeting remained inconclusive on...

Published 13 Feb, 2024 05:59am

Tareen announces retirement from politics

LAHORE: Istehkam-e-Pakistan Party (IPP) Chairman Jahangir Khan Tareen announced his resignation from the party...

Published 13 Feb, 2024 05:59am

Siraj accepts defeat, steps down as JI chief

LAHORE: Siraj-ul-Haq resigned as chief of Jamaat-e-Islami on Monday accepting the defeat and worst performance of ...

Published 13 Feb, 2024 05:59am

Rates

PSX witnesses bloodbath

KARACHI: Pakistan Stock Exchange on Monday witnessed bloodbath session and nosedived in deep red zone with heavy...

Published 13 Feb, 2024 05:59am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (February 12, 2024)....

Published 13 Feb, 2024 05:59am

Forex

Dollar's rate in Interbank market

KARACHI: Interbank closing rates for dollar on Monday (February 12, 2024). ======================== Open Bid...

Published 13 Feb, 2024 05:59am

Forex

Open market rates of foreign currencies

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

Published 13 Feb, 2024 05:59am

Cotton & Textile

Thin business activity on cotton market

LAHORE: The local cotton market on Monday remained firm and the trading volume remained low. Cotton Analyst Naseem...

Published 13 Feb, 2024 05:59am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (February 12, 2024)...

Published 13 Feb, 2024 05:59am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.562...

Published 13 Feb, 2024 05:59am

Commodities

Gold eases as US CPI takes centre stage

BENGALURU: Gold edged lower on Monday due to an uptick in the dollar, although prices were stuck in a tight range as...

Published 13 Feb, 2024 05:59am

Energy

US natgas prices ease to fresh 3-year low on weak demand

NEW YORK: US natural gas futures eased about 1% on Monday to a fresh three-year low on near-record output, ample...

Published 13 Feb, 2024 05:59am

Commodities

Copper climbs as markets await US inflation numbers

LONDON: Copper prices rose in muted trade on Monday as traders and funds cut short positions betting on lower prices...

Published 13 Feb, 2024 05:59am

Commodities

China, Indonesia face deeper output cuts to tackle nickel price slide

LONDON: China and Indonesia are set to reduce nickel output by at least 100,000 metric tons this year as producers...

Published 13 Feb, 2024 05:59am

Commodities

Russian wheat export prices continued to slide

MOSCOW: Russian wheat export prices fell again last week, but have not yet reached levels, considered to be...

Published 13 Feb, 2024 05:59am

Energy

Oil little changed as demand concerns offset ME tensions

NEW YORK: Oil futures were little changed on Monday as rising concerns about global demand caused the market to take...

Published 13 Feb, 2024 05:59am

Commodities

Gold, silver prices remain unmoved

KARACHI: Gold and silver prices on Monday remained unmoved on the local market, though the international bullion...

Published 13 Feb, 2024 05:59am

Yet another act of aggression

EDITORIAL: Unruffled by unceasing denunciation of its genocidal war on Gaza, thanks to the US’ steadfast support,...

Published 13 Feb, 2024 05:59am

Economic turmoil could worsen

EDITORIAL: Moody’s Investor Services’ warning that a timely announcement of the election results is crucial for...

Published 13 Feb, 2024 05:59am

IMF urges central banks to move cautiously on any rate cuts

WASHINGTON: The No. 2 official at the International Monetary Fund on Monday said inflation had come down in many...

Published 13 Feb, 2024 05:59am

Energy

PESCO announces power suspension on various KP feeders

PESHAWAR: Peshawar Electric Supply Company (PESCO) on Monday notified that due to maintenance work power supply will...

Published 13 Feb, 2024 05:59am

Companies

PSMC shareholders resolve to authorise SMC Japan to repurchase stakes

KARACHI: The shareholders of Pak Suzuki Motor Company (PSMC) have resolved to authorise Suzuki Motor Corporation...

Updated 13 Feb, 2024 11:45am

Judgement barring SJC: Govt’s intra-court appeal maintainable, rules apex court

ISLAMABAD: The Supreme Court held the federal government’s intra-court appeal (ICA) against its judgment barring the...

Updated 13 Feb, 2024 08:55am

PML-N, PPP wrangle over premiership

ISLAMABAD: Country’s two largest political parties were on Monday wrangling over who will be prime minister after an...

Updated 13 Feb, 2024 08:55am

Cellular network coverage: ECP attributes poll result delays to suspension

ISLAMABAD: Remaining under fire from public and political circles as well as international stakeholders over...

Updated 13 Feb, 2024 10:05am

Political uncertainty persists

ISLAMABAD: Political uncertainty continues to persist four days after February 8 general elections with their...

Updated 13 Feb, 2024 09:43pm

Energy

Pakistan is continuing talks with the IMF, adds the caretaker PM

Updated 13 Feb, 2024 10:06am

Companies

Industry-academia collaborations: HBL Zarai Services Ltd and UAF sign MoU

FAISALABAD: HBL Zarai Services Limited and the University of Agriculture Faisalabad have signed an agreement to ...

Published 13 Feb, 2024 05:59am

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 28	254.63
Diesel/Litre / Apr 28	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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