News Archives for Print - 2024-02-18

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Print - 2024-02-18

UK and China agree to deepen cooperation

BEIJING: The foreign ministers of China and Britain said Saturday they wanted to deepen cooperation after they met ...

Published 18 Feb, 2024 03:01am

Iran unveils air defence systems as Middle East tensions soar

TEHRAN: Iran unveiled two new air defence systems on Saturday, state media reported, with tensions high in the ...

Published 18 Feb, 2024 03:01am

Bangladesh lender confirms ouster of Nobel laureate Yunus

DHAKA: A Bangladesh bank confirmed Saturday it had ousted Nobel peace laureate Muhammad Yunus from two businesses he...

Published 18 Feb, 2024 03:01am

South Asia

Japan successfully launches next-gen H3 rocket

TOKYO: Japan’s space agency toasted a successful blast-off for its new flagship rocket on Saturday, making it ...

Published 18 Feb, 2024 03:01am

PTI holds protest in Islamabad

Party leadership says the party would never compromise on the theft of people’s mandate

Updated 18 Feb, 2024 08:53am

Power-sharing: Parties again fail to reach consensus

The two committees held a third round at the residence of Ishaq Dar and discussed the proposals on the table

Updated 18 Feb, 2024 08:54am

USA

Trump hit with $354.9m penalty, 3-year ban in NY civil fraud case

NEW YORK: Donald Trump must pay $354.9 million in penalties for fraudulently overstating his net worth dupe...

Published 18 Feb, 2024 03:01am

Vote rigging allegations: PML-N demands Commissioner produce evidence

The Party maintains that the commissioner lacked the authority to access election results, saying that he neither served as an RO nor a DRO

Updated 18 Feb, 2024 08:55am

9 terrorists killed in KP

ISLAMABAD: At least nine terrorists were killed by security forces in two separate operations in Khyber Pakhtunkhwa...

Published 18 Feb, 2024 03:01am

Pervez Khattak steps down as head of PTI-P

PESHAWAR: In a shocking turn of events in the political landscape, Pervez Khattak on Saturday stepped down from the...

Published 18 Feb, 2024 03:01am

Package-I: Punjab CM inaugurates Controlled Access Corridor Bund Road Project

LAHORE: Inaugurating the Controlled Access Corridor Bund Road Project Package-I, the caretaker Chief Minister Punjab...

Published 18 Feb, 2024 03:01am

Non-payment of e-media dues: PBA discusses critical financial situation

KARACHI: The Pakistan Broadcasters Association (PBA) convened an emergent meeting of the board of directors on...

Published 18 Feb, 2024 03:01am

Lakhani notified as BoGs’ Member for PITHM

KARACHI: ILMA University Chancellor, Noman Abid Lakhani, has been notified as Member of the Board of Governors for...

Published 18 Feb, 2024 03:01am

730 students graduate from AKU

KARACHI: More than 730 students in four countries graduated from the Aga Khan University on Saturday at ceremonies...

Published 18 Feb, 2024 03:01am

Reception held to celebrate ties with China, Turkiye

KARACHI: The Chinese Consul General in Karachi Yang Yundong has said that China wants to see Pakistan developing and...

Published 18 Feb, 2024 03:01am

Properties of Moonis attached, court told

LAHORE: The Federal Investigation Agency (FIA) has informed a special court (central-I) that properties of son of ...

Published 18 Feb, 2024 03:01am

Saad for formation of ‘joint govt’ at Centre

LAHORE: Pakistan Muslim League-Nawaz (PML-N) has started receiving voices from within the party against heading the...

Published 18 Feb, 2024 03:01am

CM orders probe into Commissioner’s allegations

LAHORE: Taking strict notice of the assertions made by Rawalpindi Commissioner Liaquat Ali Chattha that rigging in...

Published 18 Feb, 2024 03:01am

PCB joins hands with TikTok for HBL-PSL-9

LAHORE: TikTok and the Pakistan Cricket Board (PCB) have announced collaboration for HBL-PSL-9, providing fans the...

Published 18 Feb, 2024 03:01am

People can rebuild country by using their potential: Alvi

ISLAMABAD: President Dr Arif Alvi on Saturday said that no country could aspire to attain progress and prosperity...

Published 18 Feb, 2024 03:01am

SCBA says concerned at allegations against CJP

ISLAMABAD: The Supreme Court Bar Association (SCBA) has expressed deep concern and anguish over the statement issued...

Published 18 Feb, 2024 03:01am

Gusty winds, dry weather likely from today

KARACHI: Intermittent gusty winds are likely to sweep through the city with dry weather and misty mornings from...

Published 18 Feb, 2024 03:01am

PPP forming govt in Balochistan?

ISLAMABAD: Pakistan People’s Party (PPP) has decided to form government in Balochistan with the support of allies,...

Published 18 Feb, 2024 03:01am

EuroVillage event aims at strengthening people-to-people contacts: EU envoy

ISLAMABAD: Thousands of people, gathered at the Jinnah Convention Centre here on Saturday to participate in...

Published 18 Feb, 2024 03:01am

Punjab asked to make legal aid body functional

LAHORE: The Lahore High Court (LHC) directed the Punjab government to operationalise the Punjab Legal Aid Agency...

Published 18 Feb, 2024 03:01am

The Weather

KARACHI: The weather report on Saturday (February 17, 2024) and the forecast for Sunday (February 18, 2024)....

Published 18 Feb, 2024 03:01am

ECP strongly denies allegations

ISLAMABAD: Faced with a barrage of criticism over its alleged role in poll rigging, the Election Commission of...

Updated 18 Feb, 2024 01:36pm

PTI demands removal of CEC, CJP

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Saturday demanded that Chief Election Commissioner (CEC) Sikander ...

Updated 18 Feb, 2024 08:50am

Commissioner claims poll results ‘manipulated’

RAWALPINDI: Commissioner Rawalpindi Division Liaquat Ali Chattha on Saturday resigned from his post after admitting...

Updated 18 Feb, 2024 08:51am

FBR urged to notify CA firms having ICAP-QCR’s ‘satisfactory’ rating

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman has been urged to immediately notify the Chartered Accountant...

Updated 18 Feb, 2024 08:51am

Cotton & Textile

Yarn trader succeeds availing concessional rate after legal fight

LAHORE: A yarn trader has succeeded in availing the facility of concessional rate despite a hot pursuit of the tax...

Published 18 Feb, 2024 03:01am

Urgent action needed

Based on the current rate of progress in Asia and the Pacific, the Sustainable Development Goals will only be...

Published 18 Feb, 2024 03:01am

Letters

A wild allegation, indeed

That the news of Commissioner Rawalpindi Liaquat Chatha claiming that Feb 8 election results were “manipulated”...

Published 18 Feb, 2024 03:01am

Commodities

Gold prices climb

KARACHI: Gold prices on Saturday continued to regain its value on the local market but silver dropped, traders ...

Published 18 Feb, 2024 03:01am

Literature

People captivated by KLF extravaganza

KARACHI: The Karachi Literature Festival (KLF) continued its journey into the realms of sustainability and the...

Published 18 Feb, 2024 03:01am

Commodities

EU wheat stuck at 2-1/2 year low

PARIS: European wheat futures edged down on Friday to set another 2-1/2 year low as forecasts of large global...

Published 18 Feb, 2024 03:01am

Energy

US natural gas prices rise

NEW YORK: US natural gas futures climbed about 2% on Friday ahead of the long US Presidents Day weekend as some...

Published 18 Feb, 2024 03:01am

Commodities

French soft wheat rating holds at 4-year low

PARIS: The state of French soft wheat crops remained at their worst in four years last week after a rain-disrupted...

Published 18 Feb, 2024 03:01am

Commodities

Chicago soyabean futures rebound

CHICAGO: Chicago Board of Trade soyabean futures jumped on Friday on short covering before a long weekend, a day...

Published 18 Feb, 2024 03:01am

Commodities

Malaysian palm oil futures lower

MUMBAI: Malaysian palm oil futures fell on Friday, ending the week with nearly 2% losses as mounting concerns over...

Published 18 Feb, 2024 03:01am

Commodities

Gold slips as hot inflation data dampens rate cut expectations

BENGALURU: Gold eased on Friday and was on course for a second straight weekly fall as the US dollar and Treasury...

Published 18 Feb, 2024 03:01am

Commodities

Japanese rubber futures climb to 7-year high

SINGAPORE: Japanese rubber futures climbed for a fifth consecutive session to a seven-year high on Friday, as a...

Published 18 Feb, 2024 03:01am

Commodities

Copper on track for biggest weekly gain

LONDON: Copper prices were on track on Friday to register their biggest weekly gain in seven months, helped by...

Published 18 Feb, 2024 03:01am

Energy

Oil prices higher

NEW YORK: Oil prices settled higher on Friday as geopolitical tensions in the Middle East more than offset a ...

Published 18 Feb, 2024 03:01am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (February 17, 2024)...

Published 18 Feb, 2024 03:01am

Cotton & Textile

Cotton spot rate gains Rs500 per maund amid modest activity

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Saturday increased the spot rate by Rs...

Published 18 Feb, 2024 03:01am

Commodities

Vietnam coffee prices down

HANOI/BANDAR LAMPUNG: Vietnam coffee prices have softened but remain at higher levels amid tight supplies and...

Published 18 Feb, 2024 03:01am

Commodities

Ghana’s Cocobod taps $200m World Bank loan to rebuild disease-hit cocoa farms

ACCRA: Ghana’s Cocobod will use part of a $200 million World Bank loan to rehabilitate plantations destroyed by ...

Published 18 Feb, 2024 03:01am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (February 17, 2024). ======================================= ...

Published 18 Feb, 2024 03:01am

APTMA says concerned at govt’s captive gas price hike decision

KARACHI: All Pakistan Textile Mills Association (APTMA) has expressed its deep concern over the government’s...

Updated 18 Feb, 2024 07:47pm

Captive plant-based industry must shift to grid power: Gohar

ISLAMABAD: Caretaker Minister for Commerce, Industries, Interior and Overseas Pakistanis, Gohar Ijaz Saturday said...

Updated 18 Feb, 2024 07:46pm

Elections a step towards promoting democracy: PM

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar stated on Saturday that the recently concluded general...

Updated 18 Feb, 2024 05:58pm

Revised refinery policy: Ogra kept out of anomaly-correcting body

ISLAMABAD: The federal cabinet has reportedly not included Oil and Gas Regulatory Authority (Ogra) in the...

Updated 18 Feb, 2024 07:04pm

FY25: ministries asked to furnish GRB estimates

The Finance Division also seeks details of activities concerning employment and economic opportunity as well as safety and security, political participation, and meaningful engagement

Updated 18 Feb, 2024 07:46pm

Move to curb gas theft: SSGC sets target to register 0.5m unauthorised users

Updated 18 Feb, 2024 06:41pm

Allegations do not hold any weightage sans proof: CJP

ISLAMABAD: Chief Justice Qazi Faez Isa, Saturday, dismissed Commissioner Rawalpindi, Liaquat Ali Chatha’s...

Updated 18 Feb, 2024 06:45pm

Industry

Tetra Pak demonstrates packaging circularity at EuroVillage 2024

ISLAMABAD: Tetra Pak showcased its commitment to packaging circularity at EuroVillage 2024, hosted by the European...

Published 18 Feb, 2024 03:01am

Rehab and assistive technology

EDITORIAL: About time somebody gave some thought to coming up with a sustainable mechanism for widening access to...

Published 18 Feb, 2024 03:01am

Tyre smuggling challenge

EDITORIAL: It turns out that yet another unintended casualty of the rupee’s collapse has been the local...

Published 18 Feb, 2024 03:01am

Industry

Hiked gas tariff opposed

HYDERABAD: President Hyderabad Chamber of Commerce and Industry Adeel Siddiqui said export dependent industry was...

Published 18 Feb, 2024 03:01am

Industry

Taxes

Taxpayers’ disputes with FBR: FTO’s IDRC resolves 347 cases without litigation

ISLAMABAD: The Informal Dispute Resolution of Complaints (IDRC) of the Federal Tax Ombudsman (FTO) has resolved 347...

Published 18 Feb, 2024 03:01am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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