News Archives for Print - 2024-04-19

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Print - 2024-04-19

UN chief warns Mideast on brink of ‘full-scale regional conflict’

UNITED NATIONS: UN Secretary-General Antonio Guterres on Thursday painted a dark picture of the situation in the...

Published 19 Apr, 2024 05:07am

Middle East

Iran warns Israel against attacking nuclear sites

TEHRAN: A senior Revolutionary Guards general threatened on Thursday to target Israel’s “nuclear facilities” ...

Published 19 Apr, 2024 05:07am

ICC Men’s T20 World Cup 2024 preparations begin

LAHORE: Pakistan on Thursday started their ICC Men’s T20 World Cup 2024 preparations at the Rawalpindi Cricket...

Published 19 Apr, 2024 05:07am

Trump’s hush money criminal trial loses two jurors

NEW YORK: The judge overseeing former US President Donald Trump’s criminal trial dismissed two jurors on Thursday,...

Published 19 Apr, 2024 05:07am

US to oppose Palestinian bid for full UN membership

UNITED NATIONS: The United States will on Thursday vote against a Palestinian request for full United Nations...

Published 19 Apr, 2024 05:07am

Africa

Kenya military chopper crash kills defence chief, senior officers

NAIROBI: Kenya’s defence chief and nine other top brass died on Thursday in a military helicopter crash in a ...

Published 19 Apr, 2024 05:07am

South Asia

Voting begins in first phase of India’s election today

NEW DELHI: India begins voting in phases starting April 19 to elect a new parliament, the world’s largest election...

Published 19 Apr, 2024 05:07am

West sanctions Iran drones over attack

OCCUPIED JERUSALEM: Israel launched more deadly strikes on besieged Gaza on Thursday as Western governments unveiled...

Published 19 Apr, 2024 05:07am

Poor nations: UN says solutions exist to rapidly ease debt burden

GENEVA: The heavy debt weighing on developing countries can be alleviated through readily available measures, the...

Published 19 Apr, 2024 05:07am

The Weather

KARACHI: The weather report on Thursday (April 18, 2024) and the forecast for Friday (April 19, 2024)...

Published 19 Apr, 2024 05:07am

Japanese CG opens Fujiyama restaurant at Avari Towers

KARACHI: A special tasting event was held at Fujiyama, Pakistan’s first Japanese restaurant located at the Avari...

Published 19 Apr, 2024 05:07am

Pakistan’s security high priority: Blome

ISLAMABAD: The United States has reaffirmed its commitment to working with the government and underscored that...

Published 19 Apr, 2024 05:07am

HBL: Tekken 8 Women’s Gaming Tournament

LAHORE: Konnect by HBL expands its presence into the world of Esports with the launch of Tekken 8 Women’s Gaming...

Published 19 Apr, 2024 05:07am

13 held for overpricing roti, naan in Lahore

LAHORE: In a stern move to ensure fair pricing for basic staples, authorities in Lahore have arrested 13 individuals...

Published 19 Apr, 2024 05:07am

Health insurance being fine- tuned: minister

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif wants to pass on the real benefits of health insurance program to...

Published 19 Apr, 2024 05:07am

Punjab CM inaugurates ‘Besakhi’ festival

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif visited Zero Line Kartarpur Sharif in Kheti Sahib to officially...

Published 19 Apr, 2024 05:07am

PTI leaders claim their protest forced Zardari to shorten his address

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) lawmakers on Thursday claimed that their strong protests inside the house...

Published 19 Apr, 2024 05:07am

Case against KP CM: Court summons witnesses, adjourns hearing till today

ISLAMABAD: A local court, on Thursday, summoned witnesses in a case of possessing illegal weapons and liquor...

Published 19 Apr, 2024 05:07am

High-level talks with Chief of Turkish General Staff held

ISLAMABAD: General Metin Gürak, Chief of the Turkish General Staff, engaged in high-level discussions with ...

Published 19 Apr, 2024 05:07am

Pakistan, African countries: Diplomats for active exploration of various collaboration areas

ISLAMABAD: Diplomats from Pakistan and various African nations on Thursday stressed the need for active exploration...

Published 19 Apr, 2024 05:07am

Torrential rains: PIA flight operations disrupted by closure of Dubai airport

KARACHI: Pakistan International Airlines (PIA) has experienced significant disruptions to its flight operations due...

Published 19 Apr, 2024 05:07am

14-member Balochistan cabinet takes oath today

QUETTA: A-14 member Balochistan government spokesperson Shahid Rind said that a 14-member provincial cabinet will...

Published 19 Apr, 2024 05:07am

Reference against Sindh CM: AC adjourns hearing of SNPC-I and SNPC-II reference

ISLAMABAD: The Accountability Court, on Thursday, adjourned the hearing of the Sindh Nooriabad Power Companies...

Published 19 Apr, 2024 05:07am

Ambassador of EU pays courtesy call on PM

ISLAMABAD: The Ambassador of the European Union (EU) paid a courtesy call on the Prime Minister on Thursday, said a...

Published 19 Apr, 2024 05:07am

Bilawal condemns killing D I Khan incident

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari condemned the killing of six people ...

Published 19 Apr, 2024 05:07am

District, tehsil hospitals of Punjab: ChildLife Foundation launches innovative telemedicine network

LAHORE: Responding to the pressing need for accessible and high-quality emergency healthcare for the children in...

Published 19 Apr, 2024 05:07am

COAS for advancing existing military cooperation with Turkiye

RAWALPINDI: Chief of the Turkish General Staff General Metin Gürak on Thursday met with General Syed Asim Munir,...

Published 19 Apr, 2024 05:07am

CS for expediting Jamshoro-Sehwan dual carriageway project

HYDERABAD: Chief Secretary Sindh Syed Asif Hyder Shah held another meeting here to review the construction of the...

Published 19 Apr, 2024 05:07am

Canal fed area: 0.3m acres of land will be made available to farmers under LIMS

LAHORE: The Land Information Management System (LIMS) managed by the federal government and Pakistan army is aimed ...

Published 19 Apr, 2024 05:07am

JI chief announces nationwide anti-govt protest movement

LAHORE: Jamaat-e-Islami chief Hafiz Naeem-ur-Rehman has declared a nationwide protest movement against the ...

Published 19 Apr, 2024 05:07am

Mashreq announces three appointments

KARACHI: Mashreq Pakistan has announced appointments of Shamsulhaq Niaz as the Chief Digital Officer and Head of...

Published 19 Apr, 2024 05:07am

Int’l Layer Quality moot held: ‘Need for joint efforts to address poultry issues’

FAISALABAD: “It is need of the hour for the collaborated efforts to address the poultry issues including health,...

Published 19 Apr, 2024 05:07am

Politicians: Plea against attribution of buildings dismissed

LAHORE: The Lahore High Court on Thursday dismissed a petition being not maintainable filed against attribution of...

Published 19 Apr, 2024 05:07am

Success of Agripreneurs project: SCB, The British Asian Trust, partners celebrate

KARACHI: Standard Chartered Bank and The British Asian Trust, in collaboration with partners Shirakat and Sindh...

Published 19 Apr, 2024 05:07am

Trust land worth Rs40bn recovered: Sadal

LAHORE: Chairman One-Man Commission (OMC) Shoaib Sadal has said that Rs40 billion worth trust land has been ...

Published 19 Apr, 2024 05:07am

Sydney mall attack: Australia mulls citizenship for Pakistani guard

SYDNEY: Australia’s prime minister said Thursday he will consider granting citizenship to a Pakistani security...

Published 19 Apr, 2024 05:07am

Saudi Arabia had no role in PTI govt’s removal, says IK

ISLAMABAD: The incarcerated ex-prime minister and founding chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on...

Published 19 Apr, 2024 05:07am

Quetta, Gwadar submerged, roads washed away as stormy rains lash Balochistan

GWADAR: Continuous heavy rains have caused widespread destruction in Balochistan. Quetta and Gwadar submerged and...

Published 19 Apr, 2024 05:07am

Intelligence agencies: SC urged to order investigation into IHC judges’ allegations

ISLAMABAD: The Supreme Court has been requested to pass an order to probe the Islamabad High Court (IHC) judges’...

Published 19 Apr, 2024 05:07am

Five Customs personnel martyred in D I Khan

ISLAMABAD: Five officials of the Directorate of Intelligence & Investigation Customs (Peshawar) embraced...

Published 19 Apr, 2024 05:07am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (April 18, 2024). ==================================== BR...

Published 19 Apr, 2024 05:07am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (April 18, 2024). ======================================= Offset...

Published 19 Apr, 2024 05:07am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (April 18, 2024)...

Published 19 Apr, 2024 05:07am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 18, 2024)....

Published 19 Apr, 2024 05:07am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (April 18, 2024)....

Published 19 Apr, 2024 05:07am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (April 18, 2024). ======================== Open Bid ...

Published 19 Apr, 2024 05:07am

Forex

Open market rates of foreign currencies

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

Published 19 Apr, 2024 05:07am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (April 18, 2024). ========================== KIBOR...

Published 19 Apr, 2024 05:07am

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 19 Apr, 2024 05:07am

Rates

LME official prices

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

Published 19 Apr, 2024 05:07am

Energy

Oil holds near 3-week low

NEW YORK: Oil prices held near a three-week low on Thursday as investors weighed robust US jobs data and sanctions ...

Published 19 Apr, 2024 05:07am

Rates

Activities of Karachi Port Trust and Port Qasim

KARACHI: The Karachi Port Trust handled 105,209 tonnes of cargo comprising 96,148 tonnes of import cargo and 9,061...

Published 19 Apr, 2024 05:07am

Stocks

Indian shares extend fall as volatility rises before key earnings, elections

BENGALURU: Indian shares ended at four-week lows on Thursday, reversing intraday gains, as volatility spiked ahead ...

Published 19 Apr, 2024 05:07am

Stocks

Nikkei snaps losing streak as chip-sector stocks rebound

TOKYO: Japan’s Nikkei share average rose for the first time in four sessions on Thursday, as chip-sector shares...

Published 19 Apr, 2024 05:07am

Stocks

China stocks track Asian markets higher

SHANGHAI: China stocks tracked other Asian markets higher on Thursday, as investors assessed US interest rate...

Published 19 Apr, 2024 05:07am

Stocks

Industrials boost STOXX 600 as earnings season rolls in

PARIS: European shares rose on Thursday, boosted by industrials after Swiss engineering company ABB touched a record...

Published 19 Apr, 2024 05:07am

Stocks

Wall St ticks up on megacaps, earnings boost

NEW YORK: Wall Street’s main stock indexes gained on Thursday as investors cheered upbeat earnings across several...

Published 19 Apr, 2024 05:07am

Ending hopium — III

The energy sector needs significant investment in refinery, petrochemical, oil and gas storages and transmission...

Published 19 Apr, 2024 05:07am

Letters

The upcoming budget

According to a Business Recorder news item, Prime Minister Shehbaz Sharif has constituted an 11-member ministerial...

Published 19 Apr, 2024 05:07am

Energy

‘A resilient ESG strategy is no longer optional but a must’: KE CEO

KARACHI: “Businesses are aware of sustainability as a responsibility which must be integrated into their core...

Published 19 Apr, 2024 05:07am

PARTLY FACETIOUS: The letter ‘B’

“I want the letter B expunged from the English alphabet.” “Are you crazy! There are so many keywords that...

Published 19 Apr, 2024 05:07am

President for joint efforts to steer country out of crises

ISLAMABAD: President Asif Ali Zardari on Thursday stressed the need to make joint efforts to steer the country out ...

Published 19 Apr, 2024 05:07am

Zardari’s address: Joint sitting of parliament drowned in din

ISLAMABAD: President Asif Ali Zardari, Thursday, addressed a joint sitting of Parliament amid the protest of...

Published 19 Apr, 2024 05:07am

Rates

PSX closes on negative note

KARACHI: Pakistan Stock Exchange on Thursday witnessed mixed trend and after moving in both directions finally ...

Published 19 Apr, 2024 05:07am

EFF programme, non-inflationary economic growth, and counter-cyclical policy approach

A recent ‘Transcript of Global Financial Stability Report April 2024 press briefing’, carried a rather very...

Published 19 Apr, 2024 05:07am

Section 7E: Constitutional validity

Taxing immoveable property and taxing income arising from immoveable property are two different concepts. The former...

Published 19 Apr, 2024 05:07am

Cotton & Textile

Spot rate loses Rs8,00 per maund

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

Published 19 Apr, 2024 05:07am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (April 18, 2024)...

Published 19 Apr, 2024 05:07am

Commodities

Malaysian palm oil lower

BEIJING: Malaysian palm oil futures fell for a fifth straight session on Thursday, pressured by expectations of...

Published 19 Apr, 2024 05:07am

Commodities

Gold surges as escalating ME tensions bolster demand

BENGALURU: Safe-haven gold gained on Thursday as persistent tensions in the Middle East added to the metal’s ...

Published 19 Apr, 2024 05:07am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 28.222...

Published 19 Apr, 2024 05:07am

Commodities

Iron ore extends gains on expectations

BEIJING: Iron ore futures rose for a second straight session on Thursday, underpinned by heightened expectations of...

Published 19 Apr, 2024 05:07am

Commodities

Copper prices rally

LONDON: Copper prices climbed to the highest levels in 22 months on Thursday as funds extended their buying spree,...

Published 19 Apr, 2024 05:07am

Commodities

Japanese rubber futures drop

BEIJING/SINGAPORE: Japanese rubber futures fell for a second session on Thursday, tracking lower physicals amid...

Published 19 Apr, 2024 05:07am

Energy

MPCL successfully drills, tests 3rd appraisal well in Ghazij

KARACHI: Mari Petroleum Company Limited (MPCL) has successfully drilled and tested the third appraisal well in the...

Published 19 Apr, 2024 05:07am

Energy

Industries, CNG stations in Sindh: SSGC’s 24-hour gas holiday

KARACHI: Sui Southern Gas Company (SSGC) has announced 24-hour gas holiday for industries including their power...

Published 19 Apr, 2024 05:07am

Energy

SSGC continues to make inroads into gas theft cases

KARACHI: Sui Southern Gas Company (SSGC) continued to make inroads into gas theft cases through its regular raids in...

Published 19 Apr, 2024 05:07am

PM forms body to probe Matiari Transmission Line underutilisation

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a committee headed by Minister for Petroleum Senator...

Updated 19 Apr, 2024 09:34am

Dar hints at resumption of Pakistan-India trade ties?

ISLAMABAD: Foreign Minister Ishaq Dar on Thursday said that a decision on the resumption of trade with India will be...

Updated 19 Apr, 2024 09:25am

Appellate Tribunal: FBR issues guidelines for implementation of orders

ISLAMABAD: The Federal Board of Revenue (FBR) has laid down guidelines for the field formations for implementation...

Updated 19 Apr, 2024 09:24am

Taxes

FBR names officials for better FBR/PRAL liaison

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 25 focal persons in the field formations for...

Published 19 Apr, 2024 05:07am

PM seeks urgent plan to revamp transmission system, Discos

ISLAMABAD: Prime Minister Shehbaz Sharif has sought a plan on a priority basis for improvement in the transmission...

Updated 19 Apr, 2024 09:01am

Discos officials conniving with power thieves to face the music

ISLAMABAD: Minister for Power, Sardar Awais Ahmad Khan Leghari said on Thursday that Discos officials conniving with...

Updated 19 Apr, 2024 11:14pm

SBP’s reserves up $14.4m to $8.055bn

KARACHI: Despite repayment of dollar one billion external debt, the State Bank of Pakistan (SBP) successfully...

Updated 19 Apr, 2024 09:02am

Global investors apprised about upward forex trend

KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad has said that Pakistan’s external sector has stabilised...

Updated 19 Apr, 2024 09:02am

Minister rules out PKR devaluation

WASHINGTON: Finance Minister of Pakistan Muhammad Aurangzeb has ruled out any further significant rupee devaluation...

Updated 19 Apr, 2024 09:20am

Cotton & Textile

Faisalabad Yarn and Fiber Prices

FAISALABAD: Yarn Market Rates on Thursday (April 18, 2024) =========================== 6/S-7/S (COTTON)...

Published 19 Apr, 2024 05:07am

IMF tells Asian central banks not to follow Fed too closely

WASHINGTON: The International Monetary Fund urged Asian central banks to focus on domestic inflation and avoid tying...

Published 19 Apr, 2024 05:07am

Money & Banking

Asian currencies rise as dollar retreats

BENGALURU: Currencies in emerging markets gained on Thursday as the dollar rally took a breather, while the South...

Published 19 Apr, 2024 05:07am

Money & Banking

US dollar firmer after strong data

NEW YORK: The dollar drifted higher on Thursday as a mixed batch of US data did little to shake views that the...

Published 19 Apr, 2024 05:07am

Taxes

Tajir Dost Scheme: Major challenges in successful implementation highlighted

KARACHI: Lack of comprehensive consultation, technological and digital literacy gaps, difficulty in determining the...

Published 19 Apr, 2024 05:07am

CEO CBD Punjab steers Walton Railway Crossing flyover project toward triumph

LAHORE: Punjab Central Business District Development Authority (PCBDDA) is set to accomplish a significant milestone...

Published 19 Apr, 2024 05:07am

Cigarettes remain top revenue spinner of FED

Taxes

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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