News Archives for Print - 2024-04-29

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Print - 2024-04-29

Kirsten, Gillespie appointed coaches for national team

LAHORE: Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi on Sunday announced that former South Africa top-order...

Published 29 Apr, 2024 04:50am

Schools closed, warnings issued as Asia swelters in extreme heatwave

MANILA: South and Southeast Asia braced for more extreme heat on Sunday as authorities across the region issued...

Published 29 Apr, 2024 04:50am

Police clear pro-Palestinian camps at three US universities

BOSTON: Police detained nearly 200 people at three US universities on Saturday as they cleared pro-Palestinian...

Published 29 Apr, 2024 04:50am

Pope holds mass in Venice’s St Mark’s, first trip in months

VENICE: Pope Francis presided over mass in Saint Mark’s Square in Venice on Sunday, warning of environmental ...

Published 29 Apr, 2024 04:50am

Europe

France’s nuclear weapons should be part of European defence debate: Macron

PARIS: France’s nuclear weapons should be part of the European defence debate, French President Emmanuel Macron...

Published 29 Apr, 2024 04:50am

Middle East

Abbas says only US can halt Israel’s attack on Rafah

RIYADH: Palestinian President Mahmoud Abbas said on Sunday only the United States could stop Israel attacking the...

Published 29 Apr, 2024 04:50am

Middle East

Gaza truce effort builds with Hamas to respond to Israel proposal

JERUSALEM: Diplomatic efforts intensified on Sunday to reach a long-sought truce and hostage-release deal in Gaza, ...

Published 29 Apr, 2024 04:50am

CCPO pays tribute to sub-inspector on embracing martyrdom

LAHORE: The funeral prayer of Lahore Police’s martyr, Sub Inspector Muhammad Arshad, was held at Police Lines Qila...

Published 29 Apr, 2024 04:49am

ECP monitors KP Tehsil Council by-polls

ISLAMABAD: The Election Commission of Pakistan (ECP) said that it monitored the local government by-elections from...

Published 29 Apr, 2024 04:49am

PU shines in Female Weightlifting Championship

HYDERABAD: The University of Punjab Lahore has triumphed in the Female Weightlifting Final, marking a glorious...

Published 29 Apr, 2024 04:49am

CM vows to ensure safe, healthy environment for workers at workplace

LAHORE: “We are committed to health, welfare and safety of every worker in Punjab,” said Chief Minister Punjab...

Published 29 Apr, 2024 04:49am

Quetta to Karachi: Railways urged to introduce non-stop train

QUETTA: Advisor to the Chief Minister on Environment, Naseem-ur-Rehman in meeting with DS Railways demanded that the...

Published 29 Apr, 2024 04:49am

Aligarh Institute of Technology organises Eid Milan get-together

KARACHI: Aligarh Institute of Technology (AIT) organized Eid Milan get-together that was attended by the Registrar ...

Published 29 Apr, 2024 04:49am

Faryal Talpur cuts birthday cake at Zardari’s House

KARACHI: Chairman of Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari and Member of National Assembly (MNA) Aseef...

Published 29 Apr, 2024 04:49am

Measles claims five children in Tando Allahyar

KARACHI: Five children died of measles on Sunday in Chandru Meo village of Tando Allahyar. According to the private...

Published 29 Apr, 2024 04:49am

Efforts afoot to improve law, order situation: minister

KARACHI: Sindh Minister for Home, Law, and Parliamentary Affairs, Ziaul Hassan Lanjar, has said that serious efforts...

Published 29 Apr, 2024 04:49am

The LSM sector

Large scale manufacturing (LSM) registered negative 0.52 (cumulative) July-January 2024 against negative 2.67 ...

Updated 29 Apr, 2024 05:25am

Political stability critical to attaining sustainable external account stability

The State Bank of Pakistan (SBP) has managed to maintain forex reserves despite facing substantial debt servicing...

Updated 29 Apr, 2024 05:26am

Letters

Iran must issue a warning to Israel

Iran deserves commendation for carrying out an unprecedented attack on Israel. It has rightly defended its attack by...

Published 29 Apr, 2024 04:49am

Justice at a standstill?

Charles Dickens, the famous author, often criticized the slow and bureaucratic British legal system in his novels. ...

Updated 29 Apr, 2024 05:20am

The Weather

KARACHI: The weather report on Sunday (April 28, 2024) and the forecast for Monday (April 29, 2024)....

Published 29 Apr, 2024 04:49am

Army completes preservation of Capt Kernal Sher Khan mausoleum

PESHAWAR: Pakistan Army announced the completion of the preservation efforts at the mausoleum of Captain Kernal Sher...

Published 29 Apr, 2024 04:49am

‘Some forces have always held election process hostage’: Fazl

ISLAMABAD: Jamiat Ulema-e-Islam Fazal (JUI-F) chief Maulana Fazlur Rehman said that some forces always violated...

Published 29 Apr, 2024 04:49am

KP to seek gems’ sector accreditation from Thailand

PESHAWAR: Special Assistant to KP CM on Industries, Commerce and Technical Education, Abdul Karim Tordhair has...

Published 29 Apr, 2024 04:49am

Punjab minister assails KP CM for making remarks against Maryam

ISLAMABAD: Punjab Minister for Information Minister Uzma Bukhari Sunday criticised Chief Minister Khyber Pakhtunkhwa...

Published 29 Apr, 2024 04:49am

Special police body to probe judge kidnapping case

PESHAWAR: A special police committee has been swiftly established to probe the alleged kidnapping of judge...

Published 29 Apr, 2024 04:49am

ECO summit unanimously adopts Pakistan’s suggestions

SHAHRISABZ, (Uzbekistan): The Economic Cooperation Organization (ECO), during its summit held yesterday, unanimously...

Published 29 Apr, 2024 04:49am

Two cops martyred at Mardan Railway Station

MARDAN: A firing exchange occurred between the Railway Police and porters at Mardan Railway Station resulting in the...

Published 29 Apr, 2024 04:49am

Torrential rains, hailstorms damage properties, crops

ISLAMABAD: Heavy rains and hailstorms that lashed different parts of the country not only inundated low-lying areas...

Published 29 Apr, 2024 04:49am

Minister links progress to education

LAHORE: Federal Minister for Law Azam Nazeer Tarar said on Sunday that Islam underlines the importance of education...

Published 29 Apr, 2024 04:49am

CM greets SSP on selection for IAWP Award

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif congratulated SSP Riffat Bokhari on being selected to receive...

Published 29 Apr, 2024 04:49am

Hypertension among children constitutes growing concern

KARACHI: Hypertension in young children is a growing concern in Pakistan, where the prevalence of hypertension among...

Published 29 Apr, 2024 04:49am

IHC says malicious campaign being run against Justice Sattar

ISLAMABAD: Islamabad High Court (IHC) said on Sunday that a false, malicious and contemptuous social media campaign...

Published 29 Apr, 2024 04:49am

Health sector: PM terms global inequity as first, foremost problem

RIAYDH: Prime Minister Shehbaz Sharif on Sunday while terming the global inequity in health sector as “the first...

Published 29 Apr, 2024 04:49am

Rates

Stocks close at highest-ever level

KARACHI: Pakistan Stock Exchange witnessed bullish trend and closed at highest ever level during the outgoing week...

Published 29 Apr, 2024 04:49am

Interest Rates

Fed to meet amid dwindling hopes of summer rate cuts

WASHINGTON: The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as...

Updated 29 Apr, 2024 09:20am

Rates

Futures spread down 1183bps

KARACHI: The futures spread declined by 1183bps to 9.35 percent on the last day of the outgoing week. Trading...

Published 29 Apr, 2024 04:49am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday April 29, 2024

Published 29 Apr, 2024 04:49am

Energy

Saudi Arabia’s Vision 2030 projects to be adjusted as needed, finmin says

RIYADH/DUBAI: Saudi Arabia, the world’s top oil exporter, will adjust its Vision 2030 plan to transform its ...

Published 29 Apr, 2024 04:49am

Stocks

Gulf bourses end mixed; Egypt extends decline

DUBAI: Stock markets in the Gulf put in a mixed performance on Sunday amid rising oil prices and receding hopes of...

Published 29 Apr, 2024 04:49am

Stocks

FTSE 100 continues record run, Darktrace rallies on buyout deal

LONDON: Britain’s benchmark FTSE 100 scored its fourth consecutive record high on Friday as strong earnings from ...

Published 29 Apr, 2024 04:49am

Stocks

Nikkei rallies as BOJ maintains dovish stance

TOKYO: Japan’s Nikkei share average rallied on Friday after the Bank of Japan (BOJ) opted to leave interest rates...

Published 29 Apr, 2024 04:49am

Stocks

Wall Street Week Ahead: Lofty US stocks leave investors punishing earnings disappointments

NEW YORK: Richly valued US stocks are leaving investors with little tolerance for disappointment, raising the stakes...

Published 29 Apr, 2024 04:49am

Stocks

Australia shares fall as bleak data tones down rate-cut bets

SYDNEY: Australian shares tumbled on Friday, as hopes of an early interest rate cut were doused by disappointing US...

Published 29 Apr, 2024 04:49am

Commodities

Prices of food items in Peshawar show a downward trend

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

Published 29 Apr, 2024 04:49am

Energy

Green energy sector: Govt asked to release soft loans

PESHAWAR: Sarhad Chamber of Commerce and Industry president Fuad Ishaq urged the government to issue soft loans for...

Published 29 Apr, 2024 04:49am

Cotton & Textile

Weekly Cotton Review: Prices continue to decline on global downturn

KARACHI: The decline in cotton prices continues, as a decrease of Rs 800 per maund in spot rate was witnessed this...

Published 29 Apr, 2024 04:49am

Finance Div to hire SECP commissioner for three years

ISLAMABAD: Finance Division has decided to hire Securities and Exchange Commission of Pakistan (SECP) commissioner...

Updated 29 Apr, 2024 09:20am

Delay in TTS: MoF tasked to identify the black sheep

ISLAMABAD: Prime Minister has given an important task to the Secretary Ministry of Finance to identify whether tax...

Updated 29 Apr, 2024 09:21am

Forex reserve constraints: SBP advises Chinese firm to get its DSRA minimized

ISLAMABAD: The dollar-strapped State Bank of Pakistan (SBP) has asked a Chinese power company to negotiate with its...

Updated 29 Apr, 2024 08:57am

KSA tells summit the world has failed Gaza

RIYADH: Saudi Arabia on Sunday said the international community has failed Gaza and reiterated its call for a...

Updated 29 Apr, 2024 09:21am

Appointment of ATIR members: No procedure prescribed as per rules: IHC

ISLAMABAD: The Islamabad High Court (IHC) observed that no procedure has been prescribed for appointment of members...

Updated 29 Apr, 2024 09:22am

Rates

A slight decline

KARACHI: The rupee registered a slight decline against the US dollar as it closed the week lower by Re0.08 or 0.2%....

Published 29 Apr, 2024 04:49am

Germany nudges up growth forecast, ailing economy at ‘turning point’

FRANKFURT: The German government slightly increased its 2024 growth forecast Wednesday, saying there were signs...

Published 29 Apr, 2024 04:49am

Money & Banking

Indian rupee ends little changed

MUMBAI: The Indian rupee closed little changed on Friday but logged its strongest week-on-week rise in nearly three...

Published 29 Apr, 2024 04:49am

Money & Banking

Yuan near five-month low against dollar

HONG KONG: China’s yuan hovered near a five-month low against the dollar and traded a whisker away from its daily...

Published 29 Apr, 2024 04:49am

MENA

Meet Sahir, a thriving Pakistani influencer in Dubai

DUBAI: “In my opinion, anybody can be an influencer.” Those were the words that introduced me to Sahir Iftikhar...

Updated 29 Apr, 2024 05:29am

Controversial electoral exercise

EDITORIAL: While the April 21 by-elections in 22 national and provincial assemblies constituencies once again are a...

Updated 29 Apr, 2024 05:23am

Rise in reserves

EDITORIAL: Federal Finance Minister Muhammad Aurangzeb while talking to the press after delivering a keynote address...

Updated 29 Apr, 2024 05:23am

Money & Banking

Religious scholar throws lights on importance of Islamic banking system

HYDERABAD: Mufti Shaikh Sufyan, Shariah scholar, Faisal Bank Hyderabad said that interest is a declaration of war...

Published 29 Apr, 2024 04:49am

Money & Banking

Pakistani banks should set up branches in Addis Ababa: envoy

FAISALABAD: Pakistani banks should establish their branches in Addis Ababa to handle business related transactions,...

Published 29 Apr, 2024 04:49am

Industry

SRO 350(I)/2024: LCCI urges PM to help stop implementation

LAHORE: The Lahore Chamber of Commerce and Industry on Saturday appealed to Prime Minister Shahbaz Sharif to...

Published 29 Apr, 2024 04:49am

Industry

PPMA chairman speaks of ‘critical’ challenges facing country’s pharma sector

KARACHI: Pakistan Pharmaceutical Manufacturers Association (PPMA) Chairman Mian Khalid Misbah-ur-Rehman highlighted...

Published 29 Apr, 2024 04:49am

‘Tashkent International Investment Forum’ will begin on May 2

ISLAMABAD: The third two-day, ‘Tashkent International Investment Forum” (TIIF) will be held on May 2-3, this ...

Published 29 Apr, 2024 04:49am

FTO advisor vows to redress taxpayers’ grievances

Taxes

Saudi minister for finance says a delegation of Saudi investors would soon visit Pakistan

Updated 29 Apr, 2024 09:23am

Money & Banking

Global Basel Committee bolsters rules for supervising banks

LONDON: The world’s forum for banking regulators on Thursday tightened up its rulebook to focus better on spotting...

Published 29 Apr, 2024 04:49am

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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