News Archives for Print - 2024-04-22

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Print - 2024-04-22

PCB to form independent medical board to analyse Ihsanullah’s case

LAHORE: The Pakistan Cricket Board (PCB) has decided to constitute an independent medical board to analyse if...

Published 22 Apr, 2024 04:39am

Hundreds in Niger tell US troops to go home

NIAMEY (Niger): Hundreds protested on Sunday against the US troop presence in military-ruled Niger where a ...

Published 22 Apr, 2024 04:39am

South Asia

Seven killed at Sri Lanka motor race

COLOMBO: At least seven people were killed and another 21 wounded when a race car ploughed into spectators at a...

Published 22 Apr, 2024 04:39am

Climate impacts set to cut 2050 global GPD by nearly a fifth

PARIS: Climate change caused by CO2 emissions already in the atmosphere will shrink global GDP in 2050 by about $38...

Published 22 Apr, 2024 04:39am

Netanyahu says he will fight any sanctions on army battalions

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu said on Sunday he would fight against sanctions being imposed ...

Published 22 Apr, 2024 04:39am

Middle East

Israel pounds Gaza as West Bank violence surges

GAZA STRIP: Israel carried out deadly strikes in Gaza, first responders in the war-battered Palestinian territory...

Published 22 Apr, 2024 04:39am

The Weather

KARACHI: The weather report on Sunday (April 21, 2024) and the forecast for Monday (April 22, 2024)....

Published 22 Apr, 2024 04:39am

Punjab Assembly’s pre-budget session today

LAHORE: The Punjab government has decided to summon the pre-budget session of the Punjab Assembly, scheduled to...

Published 22 Apr, 2024 04:39am

Noted ex-bureaucrat Roedad passes away

ISLAMABAD: Roedad Khan – one of the most senior civil servants of the country and a leading figure in Pakistan ...

Published 22 Apr, 2024 04:39am

Petroleum dealers threaten to go on strike

KARACHI: Petroleum dealers in Pakistan have warned of shutting down business as the government is reportedly working...

Published 22 Apr, 2024 04:39am

Injured Customs officials: Station Commander inquires after health at DHQ

DERA ISMAIL KHAN: Station Commander Dera Brigadier Amir Hayat on Sunday inquired after the health of injured Customs...

Published 22 Apr, 2024 04:39am

Bohra community, ECC&CD and SEPA collaborate to commemorate Earth Day

KARACHI: In a significant move to foster environmental stewardship, the Dawoodi Bohra Community has partnered with...

Published 22 Apr, 2024 04:39am

Int’l Chinese Language Day celebrated

FAISALABAD: The Confucius Institute (CI) at the University of Agriculture Faisalabad celebrated International ...

Published 22 Apr, 2024 04:39am

MQM-P slams mayor’s statement

KARACHI: The Muttahida Qaumi Movement–Pakistan (MQM-P) issued a robust response to a recent statement made by ...

Published 22 Apr, 2024 04:39am

Man kills friend in DHA

KARACHI: A man killed his friend near Phase 5 of the Defence Housing Authority (DHA), Karachi a few minutes after he...

Published 22 Apr, 2024 04:39am

Minister, federal secy visit KPT

KARACHI: Federal Minister of Maritime Affairs, Qaiser Ahmed Shaikh, accompanied by Federal Secretary of Maritime...

Published 22 Apr, 2024 04:39am

PB-50 Killa Abdullah: JUI boycotts by-polls

QUETTA: On the allegations of pre-poll rigging, Jamiat Ulema Islam (JUI) boycotted the by-election at the provincial...

Published 22 Apr, 2024 04:39am

PDP demands resumption of work on delayed Redline BRT

KARACHI: Hundreds of thousands of commuters suffer on daily basis due to the dug-up University Road as the Redline...

Published 22 Apr, 2024 04:39am

7th LIIBS edition will take place in Islamabad on 23rd

ISLAMABAD: The 7th Edition of Pakistan’s biggest corporate event, Leaders in Islamabad Business Summit 2024...

Published 22 Apr, 2024 04:39am

PM renews pledge to realise Iqbal’s vision of Pakistan

LAHORE: Prime Minister Shehbaz Sharif on Sunday said that Allama Muhammad Iqbal had dreamt of a ‘Pakistan’ that...

Published 22 Apr, 2024 04:39am

Israel-Hamas conflict - what’s the endgame?

Two main objectives of the invasion of Gaza by the Israel’s Defense Forces (IDF) on 23 October, 2023 were to...

Published 22 Apr, 2024 04:39am

More aid sent to Palestine

ISLAMABAD: Foreign Minister Ishaq Dar on Sunday said Pakistan has dispatched its eighth tranche of humanitarian...

Published 22 Apr, 2024 04:39am

Bid to smuggle arms, ammunition foiled at Torkham border

PESHAWAR: Customs authorities on Sunday foiled a bid of smuggling of arms and ammunition from Afghanistan to ...

Published 22 Apr, 2024 04:39am

Gunmen kill two more customs personnel in D I Khan

DERA ISMAIL KHAN: Unknown gunmen killed two customs officers near Parking Plaza in DI Khan, Khyber Pakhtunkhwa,...

Published 22 Apr, 2024 04:39am

SDGs: Pakistan makes strong case for infrastructural development

UNITED NATIONS: Pakistan has called for the development of infrastructure connectivity to fortify global resilience...

Published 22 Apr, 2024 04:39am

Visit of foreign dignitaries: Public holiday announced for Karachi Division

KARACHI: In view of the upcoming visit of foreign dignitaries, the government has announced a public holiday on...

Published 22 Apr, 2024 04:39am

LAC witnesses musical evening at Alhamra Art Centre

LAHORE: Lahore Arts Council witnessed a captivating musical evening at the Alhamra Art Centre, The Mall, as the...

Published 22 Apr, 2024 04:39am

Police provide fool-proof security for peaceful conduct of by-polls

LAHORE: City Police remained fully alert for the peaceful and secure conduct of the by-elections 2024. Lahore Police...

Published 22 Apr, 2024 04:39am

RPO Faisalabad reviews security of Chinese at FIEDMC

FAISALABAD: Regional Police Office Dr. Muhammad Abid Khan along with Commissioner Faisalabad Silwat Saeed conducted...

Published 22 Apr, 2024 04:39am

ECP seeks report on PP-149 Lahore issue

ISLAMABAD: The Election Commission of Pakistan (ECP) on Sunday sought a report from the provincial election...

Published 22 Apr, 2024 04:39am

63 killed, 78 injured in rain-related incidents in KP: PDMA

PESHAWAR: As many as 63 people were killed while 78 were injured in rain related incidents in Khyber Pakhtunkhwa,...

Published 22 Apr, 2024 04:39am

Flood-hit areas of Gwadar: Navy continues rescue, relief operation

GWADAR: Pakistan Navy in the aftermath of recent unprecedented rain spells in Gwadar, Ormara and adjoining villages...

Published 22 Apr, 2024 04:39am

Minister condemns attack on Customs officials in DIK

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb has strongly condemned the incident of firing...

Published 22 Apr, 2024 04:39am

Gohar slams ECP for ‘failing’ to ensure transparency in by-polls

GUJRAT: Pakistan Tehreek-e-Insaf (PTI) Chairman Barrister Gohar Ali Khan criticised the Election Commission of...

Published 22 Apr, 2024 04:39am

Maryam highlights her approach to governance

LAHORE Chief Minister Punjab Maryam Nawaz Sharif has said that her government believes in serving the masses. In a...

Published 22 Apr, 2024 04:39am

People have voted for PML-N in very large numbers, claims Tarar

ISLAMABAD: Minister for Information and Broadcasting Attaullah Tarar on Sunday called the victory of the Pakistan...

Published 22 Apr, 2024 04:39am

Five waves of UBS layoffs to start in June

VIENNA: Layoffs under Swiss banking giant UBS’s cost-cutting programme announced after its takeover of Credit Suisse...

Updated 22 Apr, 2024 09:25am

US aid shows Ukraine will not be ‘second Afghanistan’: Zelensky

WASHINGTON: The decision by the US House of Representatives to earmark $61 billion in long-delayed aid for Ukraine...

Updated 22 Apr, 2024 09:24am

Sans formal govt approval: CPPA-G expresses inability to supply power to RSEZ

ISLAMABAD: Central Power Purchasing Agency -Guaranteed (CPPA-G) has reportedly expressed its inability to supply...

Updated 22 Apr, 2024 09:24am

Rates

PSX witnesses positive trend

KARACHI: Pakistan Stock Exchange witnessed positive trend and hit new highest ever levels during the outgoing week...

Published 22 Apr, 2024 04:39am

Rates

Futures spread up 699bps

KARACHI: The futures spread increased by 699bps to 21.19 percent on the last day of the outgoing week. Trading...

Published 22 Apr, 2024 04:39am

Sustainable nitrogen management: Ministry decides to reach out to stakeholders

ISLAMABAD: Ministry of Climate Change and Environmental Coordination (MoCC&EC) has decided to consult...

Updated 22 Apr, 2024 09:00am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday April 22, 2024

Published 22 Apr, 2024 04:39am

Stocks

FTSE 100 rises as traders ramp up rate cut bets

LONDON: UK’s FTSE 100 rose on Friday after dovish comments from Bank of England Deputy Governor Dave Ramsden on...

Published 22 Apr, 2024 04:39am

Stocks

Indian shares snap four-week winning run on ME worries

BENGALURU: India’s benchmark indexes bucked the global weakness to end higher on Friday, boosted by HDFC Bank,...

Published 22 Apr, 2024 04:39am

Stocks

Wall Street Week Ahead: ‘Crowded’ megacap trade in US stocks awaits earnings test

NEW YORK: Next week’s earnings reports from some of the market’s biggest technology and growth companies could...

Published 22 Apr, 2024 04:39am

Stocks

Australia shares end at 2-month low as Middle East crisis

SYDNEY: Australian shares ended 1% lower on Friday, closing at a two-month low, as miners and financials led...

Published 22 Apr, 2024 04:39am

Stocks

Gulf markets subdued on geopolitical tensions

DUBAI: Most stock markets in the Gulf were subdued on Sunday amid geopolitical strife and uncertainties surrounding...

Published 22 Apr, 2024 04:39am

Letters

Can Pakistan do better than ADB’s predictions?

The Asian Development Bank’s recent outlook points to growth potential, contingent upon addressing underlying...

Published 22 Apr, 2024 04:39am

It’s about time MPC revisited its policy stance

The monetary policy committee is meeting next Monday. In the last review, two out of ten members voted for a rate ...

Published 22 Apr, 2024 04:39am

Cotton & Textile

Weekly Cotton Review: Global price decline finds its reflection in local market

KARACHI: The international cotton prices are experiencing a significant decrease, leading to a local decline. There...

Published 22 Apr, 2024 04:39am

Commodities

Prices of essential food items show mixed trend

PESHAWAR: Mixed trend in prices of essential food commodities, including vegetables, live chicken/meat, flour, ...

Published 22 Apr, 2024 04:39am

Cotton & Textile

Women cotton pickers of Matiari embark on learning journey

HYDERABAD: A team from Sindh’s Directorate of Literacy and Non-Formal Education (LNFE) recently visited two...

Published 22 Apr, 2024 04:39am

SAARC chamber urges Afghan govt to fulfil Doha pledges

LAHORE: The SAARC Chamber has called upon the Afghan Taliban to fulfil their commitment, made in Doha, which was...

Published 22 Apr, 2024 04:39am

Rates

Marginal decline

KARACHI: The rupee registered a marginal decline against the US dollar as it closed the week lower by Re0.37 or...

Published 22 Apr, 2024 04:39am

By-elections: PML-N takes lead

KARACHI: The ruling Pakistan Muslim League-Nawaz (PML-N) has taken the lead in the by-polls held on nearly two dozen...

Updated 22 Apr, 2024 09:23am

Foreign investment inflows

The two-day visit of the high-powered Saudi delegation last week focused on identifying possible areas of investment...

Published 22 Apr, 2024 04:39am

Industry

Plan to enhance poultry industry

KARACHI: Sindh Food Authority and Sindh Livestock & Fisheries Department are planning to work together to ...

Published 22 Apr, 2024 04:39am

Over 600 companies participating in ITCN Asia

LAHORE: The 24th edition of ITCN Asia provided a platform for local and foreign companies and investors to sign...

Published 22 Apr, 2024 04:39am

Taxes

Govt urged to hike FED on cigarettes

ISLAMABAD: The Centre for Research and Dialogue (CRD) has asked the government to implement recommendations of...

Published 22 Apr, 2024 04:39am

Industry

HCSTSI president highlights positive role of AutoBhan, Latifabad

HYDERABAD: Muhammad Farooq Shaikhani, President, Hyderabad Chamber of Small Traders & Small Industry underscores...

Published 22 Apr, 2024 04:39am

Industry

Boosting Pakistan’s pharmaceutical exports: learning from India’s success

KARACHI: Recent research has highlighted the massive gap between Pakistan’s potential to export and the value it...

Updated 22 Apr, 2024 08:23pm

The energy conundrum

EDITORIAL: The mismanagement and irrational decision-making in the energy sector is making the industrial sector...

Published 22 Apr, 2024 04:39am

Tax burden on industrial sector

EDITORIAL: A report in this paper, explaining how 19-20 different federal and provincial taxes presently levied on...

Published 22 Apr, 2024 04:39am

Money & Banking

Sterling wavers as markets gauge reported Israeli attack on Iran

LONDON: The pound was little changed on Friday after falling to a five-month low against the dollar in Asian trading...

Published 22 Apr, 2024 04:39am

Sri Lanka shares end lower

BENGALURU: Sri Lankan shares closed lower on Friday, dragged by losses in energy and consumer discretionary stocks....

Published 22 Apr, 2024 04:39am

Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs

HONG KONG: Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week,...

Published 22 Apr, 2024 04:39am

KP-EZDMC, PCSIR ink MoU on innovative use of marble, granite slurry

PESHAWAR: Khyber Pakhtunkhwa Economic Zones Development and Management Company (KP-EZDMC) and Pakistan Council for...

Published 22 Apr, 2024 04:39am

Norway’s wealth fund posts $107bn first quarter gain

OSLO: Norway’s sovereign wealth fund, the world’s largest, posted a gain of more than $100 billion in the first...

Published 22 Apr, 2024 04:39am

HBL Tekken: three emerge victorious in ‘8 Women’s Gaming Tournament’

Money & Banking

Meets with representatives of S&P Global and Fitch Ratings on the sidelines of the IMF/World Bank Spring Meetings in Washington D.C

Updated 22 Apr, 2024 11:49pm

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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