News Archives for Print - 2024-04-05

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Print - 2024-04-05

The Weather

KARACHI: The weather report on Thursday (April 04, 2024) and the forecast for Friday (April 05, 2024)...

Published 05 Apr, 2024 04:50am

Japan to give additional grants for 2 projects

ISLAMABAD: The government of Japan has decided to provide additional grants of around $9.8 million for two ...

Published 05 Apr, 2024 04:50am

PTI chairman announces names of new focal persons

ISLAMABAD: All the claims made by Sher Afzal Marwat that he had not been removed as the focal person for the...

Published 05 Apr, 2024 04:50am

Olive growers urged to adopt modern techniques

LAHORE: Speakers at a webinar recommended that olive growers of Pakistan to adopt modern techniques for production...

Published 05 Apr, 2024 04:50am

World Bank country director, Maryam discuss development projects

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif had a meeting with World Bank Country Director Najy Benhassine, to...

Published 05 Apr, 2024 04:50am

Claire to officiate women series matches in Karachi

LAHORE: Australia’s Claire Polosak will officiate as an on-field umpire in all the eight white-ball matches ...

Published 05 Apr, 2024 04:50am

Foreign subsidiary in UAE: PAEL approves incorporation

KARACHI: The Board of Directors of Pak Elektron Limited has approved the incorporation of a wholly owned foreign...

Published 05 Apr, 2024 04:50am

Governor for character-building of youth

LAHORE: Punjab Governor Muhammad Balighur Rehman has said that human greatness does not lie is wealth or money but...

Updated 05 Apr, 2024 03:37pm

Swati granted interim bail

ISLAMABAD: A local court on Thursday granted interim bail to Pakistan Tehreek-e-Insaf (PTI) leader Azam Khan Swati...

Published 05 Apr, 2024 04:50am

ATIR members: Law ministry asked to initiate appointment process

ISLAMABAD: The Federal Ministry of Law and Justice has been asked to initiate the process for the appointment of...

Published 05 Apr, 2024 04:50am

Google Cloud announces ‘startup competition’

KARACHI: Google Cloud has launched its Startup Competition Pakistan 2024, which aims to unearth the nation’s most...

Published 05 Apr, 2024 04:50am

Venezuela says US building ‘secret’ bases in disputed Essequibo

CARACAS: Venezuelan President Nicolas Maduro on Wednesday accused the United States of building “secret military...

Published 05 Apr, 2024 04:50am

Middle East

Kuwait, under new emir, votes yet again

KUWAIT CITY: Vote-weary Kuwait heads to the polls for the third time in three years on Thursday, just months into ...

Published 05 Apr, 2024 04:50am

Russia can’t be target for Islamic fundamentalists: Putin

MOSCOW: Russia cannot be a target for Islamic fundamentalists, President Vladimir Putin said on Thursday, nearly two...

Published 05 Apr, 2024 04:50am

Cotton

Faisalabad Yarn and Fiber Prices

FAISALABAD: Yarn Market Rates on Wednesday (April 03, 2024) =========================== 6/S-7/S (COTTON)...

Published 05 Apr, 2024 04:50am

Privatisation—dos and don’ts

For the last few months, privatization has been a key component of economic news. The previous government, interim...

Published 05 Apr, 2024 04:50am

Letters

By the way, where’s the Ummah?

What has the Palestinian sheikh Mahmoud al-Hasanat has said is nothing but a sardonic comment on the criminal...

Published 05 Apr, 2024 04:50am

The grid and energy sustainability

In the ambitious quest for a sustainable future, the conversation about energy often revolves around the creation of...

Published 05 Apr, 2024 04:50am

Global conflicts, economic uncertainties

2024 emerged as a comparatively optimistic period in contrast to the challenging preceding years marked by Covid-19...

Published 05 Apr, 2024 04:50am

PARTLY FACETIOUS: Social media rules the roost

“So what do you reckon? It’s out with the old, in with the new or old wine in new bottles?” “Tough one ...

Published 05 Apr, 2024 04:50am

Azerbaijan envoy for further deepening bilateral ties

ISLAMABAD: Ambassador of the Republic of Azerbaijan to Pakistan Khazar Farhadov, while emphasising deepening trade...

Published 05 Apr, 2024 04:50am

IHC orders removal of Mazari’s name from ECL

ISLAMABAD: The Islamabad High Court (IHC), on Thursday, ordered to remove the name of former human rights minister,...

Published 05 Apr, 2024 04:50am

Appointment of Information Commissioners in KPIC demanded

PESHAWAR: The Centre for Governance and Public Accountability (CGPA) has demanded the provincial government of ...

Published 05 Apr, 2024 04:50am

Chinese Ambassador meets Zardari

ISLAMABAD: The Ambassador of the People’s Republic of China to Pakistan, Jiang Zaidong, called on President Asif...

Published 05 Apr, 2024 04:50am

Gandapur for introducing modern irrigation system

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Ali Amin Khan Gandapur has directed the irrigation department to...

Published 05 Apr, 2024 04:50am

‘No confirmation of any poisonous substance being given to Bushra’

ISLAMABAD: A day after Pakistan Tehreek-e-Insaf (PTI) claimed that Bushra Bibi, the wife of jailed former prime...

Published 05 Apr, 2024 04:50am

IGP Punjab meets newly promoted inspectors, their families

LAHORE: Inspector General Police Punjab Dr Usman Anwar met 31 officers of Lahore and Sheikhupura at central police...

Published 05 Apr, 2024 04:50am

IK condemns Israel's genocide in Gaza

ISLAMABAD: The former prime minister Imran Khan on Thursday called upon the Muslim leadership to take an effective...

Published 05 Apr, 2024 04:50am

Sustainable development in Punjab: Innovative projects launched: Maryam

LAHORE: PML-N government is bringing innovative projects for sustainable development in Punjab, said Chief Minister...

Published 05 Apr, 2024 04:50am

JI chief threatens to hold protest demo at CM House

KARACHI: The killing of senior member of Jamaat-e-Islami by the armed robbers has angered the party leadership,...

Published 05 Apr, 2024 04:50am

PML-N Azhar Qayum: LHC suspends notification of success

LAHORE: The Lahore High Court on Thursday suspended the notification of success of PML-N Azhar Qayum from NA-81,...

Published 05 Apr, 2024 04:50am

Minister vows clean water for future generations

LAHORE: Punjab Local Government Minister Zeeshan Rafique has pledged that through collective efforts they will be...

Published 05 Apr, 2024 04:50am

Pakistan condemns terrorist attacks in Iran

ISLAMABAD: Pakistan unequivocally condemned the heinous and dastardly terrorist attacks at police and security...

Published 05 Apr, 2024 04:50am

PPP leader sees ‘awakening of judiciary’ as historic opportunity

ISLAMABAD: President Human Rights Cell of PPP ex-Senator Farhatullah Babar said that the recent awakening of the...

Published 05 Apr, 2024 04:50am

Preparations for budget will begin after Eid: Minister

LAHORE: Punjab Finance Minister Mujtaba Shuja-ur-Rehman has said that preparations for the upcoming fiscal year's...

Published 05 Apr, 2024 04:50am

Punjab Cabinet body vows zero tolerance against cheating in exams

LAHORE: In a stern response to the cheating incidents during matriculation examinations, the Punjab cabinet ...

Published 05 Apr, 2024 04:50am

Islamabad rally vandalism: Verdict on acquittal pleas of IK, others reserved

ISLAMABAD: A local court, on Thursday, reserved its judgement on the acquittal applications of Pakistan...

Published 05 Apr, 2024 04:50am

Zardari for enhancing ties with Russia

ISLAMABAD: President Asif Zardari, on Thursday, said that Pakistan desires to enhance bilateral cooperation with...

Published 05 Apr, 2024 04:50am

Stocks

Asian shares surge on rate cut prospects

INDONESIAN: Asian shares climbed on Thursday, buoyed by the prospect of impending US rate cuts despite uncertainty...

Published 05 Apr, 2024 04:50am

Stocks

European stocks rise ahead of inflation data

PARIS: European stocks climbed on Thursday with investors awaiting an inflation print and minutes from the European...

Published 05 Apr, 2024 04:50am

Stocks

Wall Street gains as recent data bolsters rate cut hopes

NEW YORK: Wall Street’s main stock indexes advanced on Thursday as recent economic reports boosted the prospect of...

Published 05 Apr, 2024 04:50am

Stocks

Nikkei ends higher

TOKYO: Japan’s Nikkei share average ended higher on Thursday, as investors scooped up stocks following a heavy...

Published 05 Apr, 2024 04:50am

Hafiz Naeem elected JI emir

LAHORE: Hafiz Naeem ur Rehman has been elected as the Chief of Jamaat-e-Islami Pakistan for a five-year term. The...

Published 05 Apr, 2024 04:50am

Senate chairmanship: PPP nominates former PM Gilani

KARACHI: Pakistan People’s Party has nominated Yousuf Raza Gilani as its candidate for the Chairman of the Senate...

Published 05 Apr, 2024 04:50am

Pakistan condemns attacks: 10 Iran security personnel killed in Sistan-Baluchistan

TEHRAN: Jihadist attacks in southeastern Iran near Pakistan killed 10 Iranian security personnel, state media...

Published 05 Apr, 2024 04:50am

Afghan migrants: Taliban govt urges Islamabad to show ‘restraint’

KABUL: Taliban authorities urged Pakistan on Thursday not to make a unilateral decision on repatriating Afghan...

Published 05 Apr, 2024 04:50am

Pakistan wants to work with US in various areas: FO

ISLAMABAD: Pakistan, on Thursday, expressed its desire to work with the United States in various areas, including ...

Published 05 Apr, 2024 04:50am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (April 04, 2024). ==================================== BR...

Published 05 Apr, 2024 04:50am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (April 04, 2024). ======================================= Offset...

Published 05 Apr, 2024 04:50am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (April 04, 2024)...

Published 05 Apr, 2024 04:50am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 04, 2024)....

Published 05 Apr, 2024 04:50am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (April 04, 2024)....

Published 05 Apr, 2024 04:50am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (April 04, 2024). ======================== Open Bid ...

Published 05 Apr, 2024 04:50am

Forex

Open market rates of foreign currencies

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

Published 05 Apr, 2024 04:50am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (April 04, 2024). ========================== KIBOR...

Published 05 Apr, 2024 04:50am

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 05 Apr, 2024 04:50am

Rates

LME official prices

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

Published 05 Apr, 2024 04:50am

Energy

SSGC steps up crackdown on gas thieves

ISLAMABAD: The Sui Southern Gas Company (SSGC) has intensified its crackdown on gas thieves across its franchise...

Published 05 Apr, 2024 04:50am

Commodities

Gold prices surge

KARACHI: The local gold market on Thursday further strengthened with a big leap following the world bullion value...

Published 05 Apr, 2024 04:50am

Commodities

Iron ore futures slip

BEIJING: Iron ore futures prices extended losses on Wednesday to their lowest levels in more than one week, ...

Published 05 Apr, 2024 04:50am

Commodities

Copper hits 14-month high

LONDON: Copper prices hit their highest in more than 14 months on Thursday, helped by fund buying after the US...

Published 05 Apr, 2024 04:50am

Commodities

Malaysian palm oil lower on profit-taking

JAKARTA: Malaysian palm oil futures dipped on Thursday, snapping a four-session rally amid profit taking and lower...

Published 05 Apr, 2024 04:50am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 28.721...

Published 05 Apr, 2024 04:50am

Commodities

Japanese rubber futures rise

SINGAPORE/TOKYO: Japanese rubber futures edged higher for a third straight session on Thursday, buoyed by a rally in...

Published 05 Apr, 2024 04:50am

Commodities

Vietnam coffee prices edge up further

HANOI/BANDAR LAMPUNG, (Indonesia): Vietnamese coffee prices edged higher this week due to concerns about how lack of...

Published 05 Apr, 2024 04:50am

Rates

Activities of Karachi Port Trust and Port Qasim

KARACHI: The Karachi Port Trust handled 154,327 tonnes of cargo comprising 111,995 tonnes of import cargo and 42,332...

Published 05 Apr, 2024 04:50am

Cotton & Textile

Dullness seen on cotton market

LAHORE: The local cotton market on Thursday remained dull and the trading volume remained notably low. Cotton...

Published 05 Apr, 2024 04:50am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (April 04, 2024)...

Published 05 Apr, 2024 04:50am

Energy

Oil falls ahead of US jobs data

NEW YORK: Oil prices fell on Thursday as caution over macroeconomic activity weighed against output cuts and...

Published 05 Apr, 2024 04:50am

Energy

US natgas prices little changed ahead of federal storage report

NEW YORK: US natural gas futures held steady on Thursday as the market waited for direction from a federal report...

Published 05 Apr, 2024 04:50am

Commodities

Brazil approaches 2024 robusta harvest as prices skyrocket

SAO PAULO: Brazilian farmers are preparing to start harvesting a larger robusta coffee crop this year just as local...

Published 05 Apr, 2024 04:50am

Rates

Stocks hit new record high

KARACHI: Pakistan Stock Exchange on Thursday witnessed a bullish trend and hit a new historic highest ever level on...

Published 05 Apr, 2024 04:50am

Wrong priorities

EDITORIAL: A common sight in government-run hospitals of Lahore is rickety wheelchairs, lifts that do not work, bad...

Published 05 Apr, 2024 04:50am

FBR overstepping the line

EDITORIAL: About time the Islamabad High Court (IHC) gave honest taxpayers, swindled by the FBR (Federal Board of...

Published 05 Apr, 2024 04:50am

The quest for higher economic growth

EDITORIAL: Pakistan’s economy badly needs reforms beyond just securing the IMF (International Monetary Fund)...

Published 05 Apr, 2024 04:50am

PSX, SBP: holidays

KARACHI: Pakistan Stock Exchange (PSX) Limited will remain closed (today) on Friday, April 05, 2024, on account of...

Published 05 Apr, 2024 04:50am

Taxes

Transaction against a taxpayer: Authorities fail to establish re-characterization

LAHORE: Tax authorities fail to establish re-characterization of a transaction against a taxpayer in the absence of...

Published 05 Apr, 2024 04:50am

Taxes

Comprehensive measures in progress to enhance tax net: FBR official

PESHAWAR: Chief Commissioner (Inland Revenue) Regional Tax Office (RTO) Peshawar, Zafar Iqbal Khan has said that in...

Published 05 Apr, 2024 04:50am

Trade competitiveness and economic growth: Govt focusing on tariff rationalisation, its implications: Jam

ISLAMABAD: Commerce Minister Jam Kamal has said that the government is focusing on tariff rationalization and its...

Published 05 Apr, 2024 04:50am

Edible oil production in country: Govt urged to formulate 10-year policy

KARACHI: Special Assistant to the President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI)...

Published 05 Apr, 2024 04:50am

Taxes

Huge operation in AJK against tax evasion in cigarette industry

ISLAMABAD: Joint teams of Azad Jammu & Kashmir’s excise and taxation department and police have conducted...

Published 05 Apr, 2024 04:50am

‘Stable national economy’: Political entities asked to refrain from politicising

ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar on Thursday urged opposition parties ...

Published 05 Apr, 2024 04:50am

Taxes

Cigarettes: Aurat Foundation proposes 26pc hike in FED

ISLAMABAD: Aurat Foundation Thursday proposed the budget makers to raise Federal Excise Duty (FED) on cigarettes by...

Published 05 Apr, 2024 04:50am

Money & Banking

Australia, NZ currencies rebound

SYDNEY: The Australian and New Zealand dollars rebounded on Thursday as their US counterpart fell broadly after data...

Published 05 Apr, 2024 04:50am

Money & Banking

Indian rupee ends at record closing low

MUMBAI: The Indian rupee fell to its weakest closing level on record, pressured by dollar demand from importers,...

Published 05 Apr, 2024 04:50am

Money & Banking

Dollar hits two-week low

NEW YORK: The dollar hit a two-week low on Thursday as economic data supported expectations for quick rate cuts in...

Published 05 Apr, 2024 04:50am

Forex reserves down $49m

KARACHI: The country’s total liquid foreign exchange reserves declined by $49 million during the last week....

Published 05 Apr, 2024 04:50am

Money & Banking

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 28	278.92
USD PKR Interbank Buying / Jan 28	278.72
USD to Japanese Yen / Jan 28	155.53
USD to Swiss Franc / Jan 28	0.90
Pound Sterling to USD / Jan 28	1.25
Euro to USD / Jan 28	1.04

Stock	Volume
S&P 500 / Jan 27	6,012.28
Nasdaq / Jan 27	19,341.84
Dow Jones / Jan 27	44,713.58
India Sensex / Jan 28	76,094.74
Tokyo Nikkei / Jan 28	39,027.98
Hang Seng / Jan 28	20,225.11
FTSE 100 / Jan 28	8,540.25
Germany DAX 30 / Jan 28	21,333.78

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 27	18,485
Gold 10 Grams PKR / Jan 27	247,856
Crude Oil USD/Barrel / Jan 28	73.47
Gold Spot USD/Ounce / Jan 28	2,742.12
Cotton US¢/pound / Jan 28	67.09
Petrol/Litre / Jan 29	256.13

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Jan 28 First Elite Capital Modaraba(FECM)	6.97 ▲ 0.67 (10.63%)
Sanghar Sugar / Jan 28 Sanghar Sugar Mills Limited(SANSM)	27.90 ▲ 2.54 (10.02%)
Dewan Motors / Jan 28 Dewan Farooque Motors Limited(DFML)	47.52 ▲ 4.32 (10%)
Agritech Non-voting / Jan 28 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.2 (10%)
Citi Pharma Ltd / Jan 28 Citi Pharma Ltd.(CPHL)	94.15 ▲ 8.56 (10%)
Faran Sugar / Jan 28 Faran Sugar Mills Limited(FRSM)	51.70 ▲ 4.7 (10%)
Leather Up Ltd. / Jan 28 Leather Up Limited(LEUL)	40.37 ▲ 3.67 (10%)
Mehran Sugar / Jan 28 Mehran Sugar Mills Limited(MRNS)	50.60 ▲ 4.6 (10%)
Shahtaj Sugar / Jan 28 Shahtaj Sugar Mills Limited(SHJS)	124.94 ▲ 11.35 (9.99%)

Stock	Price
Chenab Ltd (Pref) / Jan 28 Chenab Limited (Pref)(CLCPS)	3.40 ▼ -0.51 (-13.04%)
B. F. Mod. / Jan 28 B.F. Modaraba(BFMOD)	7.39 ▼ -1 (-11.92%)
Grays Leasing / Jan 28 Grays Leasing Limited(GRYL)	4.71 ▼ -0.59 (-11.13%)
Dewan Textile / Jan 28 Dewan Textile Mills Limited(DWTM)	7 ▼ -0.85 (-10.83%)
East West Ins. / Jan 28 East West Insurance Company Limited(EWIC)	51.56 ▼ -5.73 (-10%)
National Silk / Jan 28 The National Silk & Rayon Mills Limited(NSRM)	49.40 ▼ -5.37 (-9.8%)
Masood Textile / Jan 28 Masood Textile Mills Limited(MSOT)	51.51 ▼ -5.59 (-9.79%)
Suhail Jute / Jan 28 Suhail Jute Mills Limited(SUHJ)	89.88 ▼ -9.31 (-9.39%)
Chakwal Spinning / Jan 28 Chakwal Spinning Mills Limited(CWSM)	54 ▼ -5.07 (-8.58%)

Stock	Volume
WorldCall Telecom / Jan 28 Worldcall Telecom Limited(WTL)	67,565,578 ▼ -0.04
Sui South Gas / Jan 28 Sui Southern Gas Company Limited(SSGC)	51,651,701 ▼ -1.18
Cnergyico PK / Jan 28 Cnergyico PK Limited(CNERGY)	50,683,570 ▼ -0.24
Fauji Foods Ltd / Jan 28 Fauji Foods Limited(FFL)	26,333,106 ▼ -0.66
Citi Pharma Ltd / Jan 28 Citi Pharma Ltd.(CPHL)	26,034,484 ▲ 8.56
Pak Elektron / Jan 28 Pak Elektron Limited(PAEL)	22,790,060 ▼ -0.34
Fauji Cement / Jan 28 Fauji Cement Company Limited(FCCL)	18,681,185 ▼ -0.93
P.T.C.L. / Jan 28 Pakistan Telecommunication Company Ltd(PTC)	18,282,383 ▼ -0.43
K-Electric Ltd. / Jan 28 K-Electric Limited(KEL)	17,691,845 ▼ -0.06

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