News Archives for Print - 2024-04-28

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Print - 2024-04-28

Gaza ‘Freedom Flotilla’ blocked in Turkey

ISTANBUL: A “Freedom Flotilla” aimed at delivering aid to Gaza was blocked in Turkey Saturday after being denied...

Published 28 Apr, 2024 02:56am

Israel’s war on Gaza: Finally, signs of fresh truce talks emerge

OCCUPIED JERUSALEM: Hamas said it was studying on Saturday the latest Israeli counterproposal regarding a potential...

Published 28 Apr, 2024 02:56am

US food regulator gathering information on Indian spices after alleged contamination

HYDERABAD, (India): The US Food and Drug Administration (FDA) is gathering information on products of Indian spice...

Published 28 Apr, 2024 02:56am

PM in Riyadh to attend WEF moot

The Prime Minister and the Ministers will participate in WEF discussions on issues related to trade and investment measures

Updated 28 Apr, 2024 09:30am

Europe

UK ship sets sail to help building of Gaza aid jetty

LONDON: A British ship to house hundreds of US troops building a jetty to boost aid deliveries to Gaza has set sail...

Published 28 Apr, 2024 02:56am

PM orders immediate procurement of wheat from farmers

ISLAMABAD: While taking notice of famers’ complaints, Prime Minister Shehbaz Sharif has ordered the concerned...

Published 28 Apr, 2024 02:56am

SC orders removal of encroachments from whole country

Federal and provincial governments are mandated to clear encroachments within three days

Updated 28 Apr, 2024 09:32am

Justice Mansoor for revisiting judges’ appointment process

Justice Shah says judges shouldn’t be appointed on the basis of recommendations if the intent was to keep the system running

Published 28 Apr, 2024 02:56am

CNICs can’t be blocked without following due process: LHC

LAHORE: The Lahore High Court (LHC) held a person cannot be deprived of a Computerized National Identity Card (CNIC)...

Published 28 Apr, 2024 02:56am

Saad Rafique hints at imposition of Governor’s rule on KPK

LAHORE: Pakistan Muslim League (PML-N) senior leader Khawaja Saad Rafique has hinted at weighing the option of...

Published 28 Apr, 2024 02:56am

Firing case: Court acquits Gandapur after injured man forgave him

ISLAMABAD: A local court on Saturday acquitted Khyber-Pakhtunkhwa Chief Minister Ali Amin Gandapur in a case...

Published 28 Apr, 2024 02:56am

Maryam wants ‘Integrated Health System’ in Galiyat

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif paid a visit to Samli Syed Muhammad Hussain Government TB...

Published 28 Apr, 2024 02:56am

PIA privatisation

As Pakistan International Airlines Corporation (PIA) faces the prospect of privatization, it is imperative to...

Published 28 Apr, 2024 02:56am

PHDEC to address issue of green potato black-heart disease

LAHORE: Pakistan Horticulture Development and Export Company (PHDEC) recently brought together stakeholders and...

Published 28 Apr, 2024 02:56am

Pakistan, Canada hold political consultations

ISLAMABAD: Pakistan and Canada held the 5th Round of Bilateral Political Consultations and identified opportunities...

Published 28 Apr, 2024 02:56am

63 vehicles taken away, 51 mobile phones snatched in Islamabad

ISLAMABAD: More than 51 mobile phones were snatched from people, mostly at gunpoint, during the last week in the...

Published 28 Apr, 2024 02:56am

‘Illegal’ rally: Gohar, Omar, others booked

ISLAMABAD: The city police have registered a case against Pakistan Tehreek-e-Insaf (PTI) Chairman Barrister Gohar ...

Published 28 Apr, 2024 02:56am

Kundi criticises PTI’s approch to politics

ISLAMABAD: Pakistan Peoples Party (PPP) Central Information Secretary Faisal Karim Kundi said that the Pakistan...

Published 28 Apr, 2024 02:56am

PTI says US ‘HR report’ substantiates its stance

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leadership stated that the 100-page US state department report on grave...

Published 28 Apr, 2024 02:56am

Letters

Israel outmaneuvered by Iran

Following Israel’s airstrike on Iran’s consulate in Damascus, Syria, the Islamic republic’s military and...

Published 28 Apr, 2024 02:56am

Realignment of appellate forums

Introduction A bill under the title the Tax Laws (Amendment) Act, 2024 has been laid down before the National...

Published 28 Apr, 2024 02:56am

SHC dismisses plea seeking rejection of Aseefa’s nomination papers

HYDERABAD: The Sindh High Court (SHC) has once again dismissed the petition seeking to reject the nomination papers...

Published 28 Apr, 2024 02:56am

Sharjeel for resolution of issues facing media workers, organisations

KARACHI: An important meeting of the Information Department was convened in Karachi, chaired by Senior Minister of...

Published 28 Apr, 2024 02:56am

Special anti-polio drive to be launched in 10 districts of Punjab tomorrow

LAHORE: “The District Health Management Authorities must ensure that their energy and time is fully dedicated to...

Published 28 Apr, 2024 02:56am

Energy

US natural gas futures drop

NEW YORK: US natural gas futures slipped on Friday ahead of the expiration of the May contract, weighed down by a...

Published 28 Apr, 2024 02:56am

Energy

Oil higher on supply concerns

HOUSTON: Oil prices settled higher on Friday, garnering support from tensions in the Middle East, but a strong ...

Published 28 Apr, 2024 02:56am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (April 27, 2024)...

Published 28 Apr, 2024 02:56am

Cotton & Textile

Lack of incentives keeps buyers away from cotton market

LAHORE: The local cotton market on Saturday remained bearish and the trading volume remained low. Cotton Analyst...

Published 28 Apr, 2024 02:56am

The Weather

KARACHI: The weather report on Saturday (April 27, 2024) and the forecast for Sunday (April 28, 2024)....

Published 28 Apr, 2024 02:56am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (April 27, 2024). ======================================= Offset...

Published 28 Apr, 2024 02:56am

PM likely to discuss KE, solar power investment matters with Saudis

ISLAMABAD: Prime Minister Shahbaz Sharif is likely to discuss issues of K-Electric (KE) and investment in solar...

Updated 28 Apr, 2024 09:20am

Net metering consumers: PD presents buyback rate cut mechanism to prime minister

ISLAMABAD: The Power Division has reportedly presented a mechanism to Prime Minister Shahbaz Sharif to reduce...

Updated 28 Apr, 2024 09:24am

Sewing machine needles: New customs values fixed

ISLAMABAD: The Directorate General of Valuation (Customs) has fixed new customs values (US$4.2 to US$6.3 per kg) on...

Updated 28 Apr, 2024 09:25am

Dar calls for enhancing ‘economic diplomacy’

ISLAMABAD: Foreign Minister Ishaq Dar on Saturday emphasized on the need or enhancing economic diplomacy and efforts...

Updated 28 Apr, 2024 02:40pm

Efforts to outsource airports get good response

KARACHI: The efforts to outsource the country’s airports have received a good response as several foreign airport...

Updated 28 Apr, 2024 09:19am

Govt forms body for PSM revival

KARACHI: The Federal Ministry of Industry and Production on Saturday constituted an 8-member committee to revive the...

Updated 28 Apr, 2024 09:25am

Mobile phones: Jul-Mar imports soar 181.26pc to $1.301bn YoY

Mobile phone imports register 930.92 percent growth on a year-on-year (YoY) basis in March 2024 when compared to $14.846 million in March 2023

Updated 28 Apr, 2024 12:11pm

Consulting firms for advisory support to ministries: Ministry to seek cabinet’s approval for hiring

ISLAMABAD: The Ministry of Planning, Development, and Special Initiatives has decided to seek approval from the...

Updated 28 Apr, 2024 09:28am

Taxes

Power Div denies ‘solar panel tax plan’

ISLAMABAD: Power Division on Saturday strongly refuted a news item appeared in section of press about government ...

Published 28 Apr, 2024 02:56am

Economy on path to recovery amidst global tides: SBP Governor

KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad has said that firm commitment of the government and the...

Updated 28 Apr, 2024 09:27am

Audio leaks’ case: Pemra, PTA, FIA and IB ‘demand’ recusal of Justice Babar

ISLAMABAD: The Pakistan Electronic Media Regulatory Authority (PEMRA), the Pakistan Telecommunication Authority...

Updated 28 Apr, 2024 09:27am

IK gives green light for talks with govt?

ISLAMABAD: In a breakthrough in mending the estranged relations with the powers that be, the jailed ex-prime ...

Updated 28 Apr, 2024 09:29am

Taxes

Nasir Shah opposes tax on solar panels

KARACHI: Sindh Minister Energy Syed Nasir Hussain Shah, reacting on the proposal of tax on solar panels, said that...

Published 28 Apr, 2024 02:56am

Cross-border attacks

EDITORIAL: The TTP terrorist have kept belying the Afghan Taliban’s claim that no militant group is operating...

Published 28 Apr, 2024 02:56am

Non-customs duty paid cars

EDITORIAL: An inquiry ordered by the Punjab chief secretary into an arrest concerning the illegal business of luxury...

Published 28 Apr, 2024 02:56am

Commodities

Punjab govt sets cotton production target of 6.5m bales

LAHORE: The Punjab government has set cotton production target this season at 6.5 million bales besides fixing the...

Published 28 Apr, 2024 02:56am

Taxes

Tax dept accused of conducting audit proceedings under ‘repealed’ law

LAHORE: A taxpayer has accused the tax department for carrying out audit proceedings under repealed provision of the...

Published 28 Apr, 2024 02:56am

Prices of essential kitchen items show a declining trend

ISLAMABAD: The prices of essential kitchen items have witnessed a slight declining trend during this week past...

Published 28 Apr, 2024 02:56am

Industry

PBF President proposes ‘national economic recovery plan’

ISLAMABAD: President Pakistan Business Forum (PBF) Khawaja Mehboob ur Rehman on Saturday shared his national ...

Published 28 Apr, 2024 02:56am

Commodities

Malaysian palm oil rebounds

SINGAPORE: Malaysian palm oil futures rebounded from a two-day fall on Friday amid declining yields and ample...

Published 28 Apr, 2024 02:56am

Commodities

Iron ore falls on higher China portside stocks

BEIJING: Iron ore futures prices ticked down on Friday, pressured by higher portside inventories in top consumer...

Published 28 Apr, 2024 02:56am

Commodities

Gold holds firm after US data

BENGALURU: Gold prices held gains on Friday after data showed that US inflation rose in line with expectations, but...

Published 28 Apr, 2024 02:56am

Commodities

Copper hits two-year high on fund buying

LONDON: Copper prices in London hit a two-year high and tested a major level of $10,000 a metric ton on Friday after...

Published 28 Apr, 2024 02:56am

Commodities

CBOT wheat rallies on weather concerns

CHICAGO: Chicago Board of Trade (CBOT) wheat futures turned higher for a seventh trading day on Friday on a weather...

Published 28 Apr, 2024 02:56am

Commodities

French wheat ratings fall again while maize sowings progress

PARIS: The state of French soft wheat declined slightly last week, remaining at its poorest in four years, while...

Published 28 Apr, 2024 02:56am

Commodities

EU wheat climbs further as market frets on dry Russia

PARIS: Euronext wheat extended a rally on Friday to reach its highest since December as traders grappled with ...

Published 28 Apr, 2024 02:56am

Commodities

Cocoa futures fall nearly 10pc

NEW YORK: Cocoa futures prices on ICE lost nearly 10% this week, as failure to go higher drove the market to some...

Published 28 Apr, 2024 02:56am

Commodities

Russian wheat export prices rise on weather risks to new crop

MOSCOW: Russian wheat export prices rose amid difficult weather conditions for the new crop in the south of the...

Published 28 Apr, 2024 02:56am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 31.267...

Published 28 Apr, 2024 02:56am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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