News Archives for Print - 2024-02-25

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Print - 2024-02-25

Europe

Italy and Canada sign security deals with Ukraine

KYIV: The leaders of Canada and Italy signed security agreements with Ukraine on Saturday after talks with President...

Published 25 Feb, 2024 04:52am

Middle East

Israel, Hamas seek ceasefire deal

GAZA STRIP: Dozens of Palestinians in the Gaza Strip have been killed in the latest Israeli strikes, the Hamas-run...

Published 25 Feb, 2024 04:52am

UK Tories suspend MP from parliamentary party over ‘Islamophobic’ comments

LONDON: Britain’s ruling Conservatives on Saturday suspended their former deputy chairman from the parliamentary...

Published 25 Feb, 2024 04:52am

South Asia

One die in blast in India’s Manipur state

GUWAHATI: One person died and another was injured in a bomb blast at a college in Imphal, the capital of India’s...

Published 25 Feb, 2024 04:52am

Asia

At least 15 die in building fire in eastern China

BEIJING: At least 15 people died and 44 more were injured in a fire in a residential building in the eastern Chinese...

Published 25 Feb, 2024 04:52am

Hawk-Eye says made error

LAHORE: Hawk-Eye has confirmed to the Pakistan Cricket Board it made a human error while declaring Rilee Rossouw as...

Published 25 Feb, 2024 04:52am

Karachi Kings beat Lahore Qalandars by two wickets

LAHORE: Karachi Kings defeated Lahore Qalandars by two wickets in a thriller of the Pakistan Super League-9 (PSL-9)...

Published 25 Feb, 2024 04:52am

Shehbaz for waging collective efforts to overcome challenges

LAHORE: Emphasising the need for adopting collective approach for steering the country out of crises, Pakistan ...

Published 25 Feb, 2024 04:52am

The Weather

KARACHI: The weather report on Saturday (February 24, 2024) and the forecast for Sunday (February 25, 2024)....

Published 25 Feb, 2024 04:52am

IHC to hear appeals in Toshakhana, cipher cases tomorrow

ISLAMABAD: The Islamabad High Court from Monday (February 26) will hear the appeals of Pakistan Tehreek-e-Insaf ...

Published 25 Feb, 2024 04:52am

Punjab CM election today: Outgoing CM inaugurates upgraded Safari Park

LAHORE: Another promise has been fulfilled by the interim government, as Lahore Safari upgraded project has been...

Published 25 Feb, 2024 04:52am

Marwat ends differences with Gohar

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Sher Afzal Marwat on Saturday reconciled with party chairman...

Published 25 Feb, 2024 04:52am

City School convenes ‘Early Years Consortium’

ISLAMABAD: The City School’s Early Years Consortium 2024 convened here on Saturday under the directive of Dr...

Published 25 Feb, 2024 04:52am

We’ve made ‘successful experiment’ of good governance: Naqvi

LAHORE: The caretaker Punjab cabinet, which met with Chief Minister Mohsin Naqvi in the chair, acknowledged the team...

Published 25 Feb, 2024 04:52am

SFA recovers harmful juice, arrests three

HYDERABAD: The team of Sindh Food Authority Hyderabad acting on the direction of Director General Sindh Food...

Published 25 Feb, 2024 04:52am

Court explains why plaint has to be rejected

LAHORE: The Lahore High Court has held if a suit is found to be barred by limitation the plaint has to be rejected...

Published 25 Feb, 2024 04:52am

SIC doesn’t have ‘numbers’, says Bilawal

KARACHI: Pakistan Peoples’ Party (PPP) Chairman Bilawal Bhutto Zardari said that the Sunni Ittehad Council (SIC)...

Published 25 Feb, 2024 04:52am

PTI, GDA, JI say will observe ‘black day’ on 27th

KARACHI: The opposition parties, PTI, Jamat-e-Islami (JI) and Grand Democratic Alliance (GDA), have called off their...

Published 25 Feb, 2024 04:52am

Caretaker CM heaps praise on Maryam

LAHORE: Announcing full support to Maryam Nawaz, the PML-N nominee for the slot of Punjab Chief Minister, the...

Published 25 Feb, 2024 04:52am

Aleem forgoes PP-149, retains NA-117 seat

LAHORE: Istehkam-e-Pakistan Party (IPP) President Abdul Aleem Khan has foregone the Punjab Assembly seat (PP-149)...

Published 25 Feb, 2024 04:52am

May 9, other cases: ATC to hear bail pleas sans IK’s virtual attendance

LAHORE: An Anti Terrorism Court on Saturday decided to hear the bail petitions of former Chairman PTI Imran Khan in...

Published 25 Feb, 2024 04:52am

Cloudy weather likely

KARACHI: The Pakistan Meteorological Department on Saturday predicted cloudy weather with gusty winds in most parts...

Published 25 Feb, 2024 04:52am

KP: ECP allots women’s seats in NA

ISLAMABAD: The Election Commission of Pakistan (ECP) has issued a notification distributing special women’s seats...

Published 25 Feb, 2024 04:52am

Four ACs abolished in KP

PESHAWAR: Four accountability courts have been abolished in Peshawar, the federal government issued a notification ...

Updated 25 Feb, 2024 09:22am

Implementation of Ramazan relief package to begin on March 4

ISLAMABAD: The federal government will start implementing Ramzan Relief Package of Rs7.492 billion through Utility...

Updated 25 Feb, 2024 10:11pm

Amended oil refinery policy notified

Refineries’ upgradation will bring in an investment of US $5-6 billion and not only result in cleaner environment-friendly fuels but also major savings of precious foreign exchange

Updated 25 Feb, 2024 10:44pm

Caretakers likely to amend Banking Companies Ordinance

ISLAMABAD: The federal government is likely to amend Banking Companies Ordinance, 1962, aimed at allowing voting...

Updated 25 Feb, 2024 10:11pm

CCP grants approval to three mergers

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval to three mergers concerning M/s Saudi...

Updated 25 Feb, 2024 10:43pm

PML-N’s Malik elected Punjab PA Speaker

LAHORE: In the election held on Saturday, Malik Ahmed Khan of the Pakistan Muslim League-Nawaz (PML-N) secured...

Updated 25 Feb, 2024 10:45pm

Transfer of assets after dissolution: SECP asks NPOs to intimate FBR within 90 days

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given a 90 days period to the non-profit...

Updated 25 Feb, 2024 08:58am

Cotton & Textile

Faisalabad Yarn and Fiber Prices

FAISALABAD: Yarn Market Rates on Saturday (February 24, 2024) =========================== 6/S-7/S (COTTON)...

Published 25 Feb, 2024 04:51am

Commodities

CBOT corn, soybean slump

CHICAGO: Chicago Board of Trade corn futures on Friday dipped below $4 per bushel in the front-month contract for ...

Published 25 Feb, 2024 04:51am

Cotton & Textile

Firm trend on cotton market

LAHORE: The local cotton market on Saturday remained steady and the trading volume remained satisfactory. Cotton...

Published 25 Feb, 2024 04:51am

Energy

Oil prices decline

NEW YORK: Oil prices fell nearly 3% lower on Friday and posted a weekly decline after a US central bank policymaker...

Published 25 Feb, 2024 04:51am

Commodities

Gold gains on dollar weakness

BENGALURU: Gold prices were set for a weekly gain on Friday, buoyed by a softer dollar and safe-haven demand from...

Published 25 Feb, 2024 04:51am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 26.250...

Published 25 Feb, 2024 04:51am

Commodities

Nickel prices climb

LONDON: Nickel prices were heading for their biggest weekly gain in seven months on Friday as expansion of Western...

Published 25 Feb, 2024 04:51am

Commodities

Prices of essential kitchen items show rising trend

ISLAMABAD: The prices of essential kitchen items have witnessed an increasing trend during this week past against ...

Published 25 Feb, 2024 04:51am

Letters

This interim setup doesn’t deserve any praise?

This is apropos a Business Recorder op-ed “There’s need to focus on economy” carried by the newspaper...

Published 25 Feb, 2024 04:51am

In urgent need of assistance

EDITORIAL: Millions of Pakistanis travel to or live and work in other countries, where they may need consular...

Published 25 Feb, 2024 04:51am

Flood waters have reached Islamabad?

It seems that the flood waters are now gushing towards the capital of the Islamic Republic of Pakistan. I remember ...

Published 25 Feb, 2024 04:51am

PTI-backed independents, JI & GDA MPAs-elect boycott Sindh PA proceedings: MQM-P, PPP MPAs-elect take oath

KARACHI: About all the newly elected members of the PPP and MQM-P on Saturday took oath as the provincial ...

Updated 25 Feb, 2024 09:02am

‘No mention of certain words of Article 20’: SC to hear Punjab govt’s plea seeking review of order tomorrow

ISLAMABAD: The Supreme Court will hear the Punjab government’s petition to review its order dated February 6, 2024...

Updated 25 Feb, 2024 09:01am

Speaker, Deputy Speaker to be elected today

The voting for the slots will begin at 11 am today

Updated 25 Feb, 2024 09:07am

Election for CM tomorrow

The polling for the election of the CM will be held at about 11 a.m. on Monday (February 26)

Updated 25 Feb, 2024 09:08am

2.27m cellphones made/assembled locally in Jan

ISLAMABAD: The local manufacturing/assembling plants manufactured/assembled 2.27 million mobile handsets during the...

Updated 25 Feb, 2024 09:03am

NA: ECP assigns non-Muslim seats

ISLAMABAD: The Election Commission of Pakistan (ECP) has issued a notification allocating non-Muslim special seats ...

Updated 25 Feb, 2024 09:05am

Balochistan Assembly: oath-taking session on 28th

QUETTA: The Balochistan Assembly’s session for the oath-taking of the newly elected MPAs has been summoned on...

Updated 25 Feb, 2024 09:06am

Democracy in trouble

EDITORIAL: As global headlines continue to be dominated by news of wars, immigration crises, flawed electoral...

Published 25 Feb, 2024 04:51am

Governor for exchange of Pak-Croatia business delegations

LAHORE: Punjab Governor Muhammad Balighur Rehman has said that to promote trade relations between Pakistan and...

Published 25 Feb, 2024 04:51am

Zambia signs creditor agreement with China and India

LUSAKA: Zambian President Hakainde Hichilema said on Saturday that his country had signed a long-awaited official...

Published 25 Feb, 2024 04:51am

Rising cost of doing business hurts growth of industries: analyst

KARACHI: By setting up our priorities we have to overcome the prevailing most daunting national economic challenges...

Published 25 Feb, 2024 04:51am

PAAPAM opposes proposed hike in ST on automobiles

LAHORE: The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has voiced serious...

Published 25 Feb, 2024 04:51am

Taxes

Bicycle maker fails to claim input tax adjustment

LAHORE: A bicycle manufacturer has failed to fulfill the conditions prescribed for claiming input tax adjustment...

Published 25 Feb, 2024 04:51am

LCCI in partnership with ACCA hosts ‘Tax Clinic’

Industry

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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