News Archives for Print - 2024-05-12

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Print - 2024-05-12

President’s Trophy Grade-II 3-day cricket tournament begins

LAHORE: The President’s Trophy Grade-II three-day non-first-class tournament will get underway in Punjab and Khyber...

Published 12 May, 2024 03:09am

APNS condolence

KARACHI: Nazafreen Saigol Lakhani, President and Sarmad Ali, Secretary General of the All Pakistan Newspapers ...

Published 12 May, 2024 03:09am

Devastating floods: Pakistan expresses solidarity with Afghan people

ISLAMABAD: Pakistan on Saturday expressed solidarity with the people of Afghanistan following devastating floods hit...

Published 12 May, 2024 03:09am

Maryam underscores need for revolutionizing real estate sector

LAHORE: “Together, ADM Holding, Emirates Real Estate Solutions (ERES) and Lahore Development Authority (LDA) are...

Published 12 May, 2024 03:09am

PM lauded for forming body to address farmers’ grievances

KARACHI: Zubair Tufail, President of the United Business Group (UBG), has applauded the Prime Minister of Pakistan...

Published 12 May, 2024 03:09am

E-ballot held to hand over 20,000 bikes to students

LAHORE: The e-balloting process to give bikes to the students on interest free and soft installments under the Chief...

Published 12 May, 2024 03:09am

Smuggled cloth worth Rs200m seized

KARACHI: Directorate of Customs Intelligence, Karachi, in collaboration with the Sindh Rangers, has seized a massive...

Published 12 May, 2024 03:09am

CNIC issuance & renewal: NADRA urged to make hepatitis screening mandatory

KARACHI: With an estimated 15 million people affected by Hepatitis B and C in Pakistan, leading gastroenterologists...

Published 12 May, 2024 03:09am

CS orders vigilant monitoring of development projects

KARACHI: Chief Secretary Sindh, Syed Asif Hyder Shah has urged vigilant monitoring of development projects, ensuring...

Published 12 May, 2024 03:09am

The Weather

KARACHI: The weather report on Saturday (May 11, 2024) and the forecast for Sunday (May 12, 2024)....

Published 12 May, 2024 03:09am

Leveraging climate action for economic resilience: Pakistan’s imperative

In the intricate web of global economics; the fusion of climate action, economic stability, and international...

Published 12 May, 2024 03:09am

Business & Economy

Govt wants to attract investment from UK, other countries: PM

Premier says Pakistan and the United Kingdom enjoy long-standing relations that are further strengthening with the passage of time

Updated 12 May, 2024 01:33pm

Energy

Chinese firms win licencing bids to explore Iraq oil, gas fields

BAGHDAD: Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for...

Published 12 May, 2024 03:09am

Pakistan to launch another satellite on 30th

MM1, the new satellite is scheduled to be launched on May 30, according to a spokesperson of the Space and Upper Atmosphere Research Commission

Updated 12 May, 2024 01:33pm

Punjab decides to devise a new wheat policy

LAHORE: The Punjab food department has decided to withdraw from its practice of wheat procurement, sources said on...

Published 12 May, 2024 03:09am

President summons NA session tomorrow

ISLAMABAD: President Asif Ali Zardari summoned the session of the National Assembly on Monday (May 13) at 04:00 ...

Published 12 May, 2024 03:09am

LHC says court permission a must to retrieve data from cell phone of suspect

LAHORE: The Lahore High Court (LHC) held that under the privacy rights guaranteed by the Constitution, data from a...

Published 12 May, 2024 03:09am

Punjab govt seeks cooperation with TUV Rheinland Co, Germany

LAHORE: The cooperation between TUV Rheinland and Punjab Government will further solidify mutual relations between...

Published 12 May, 2024 03:09am

PUASA urges need to increase efficiency of established universities

LAHORE: The Punjab University Academic Staff Association (PUASA) on Saturday has expressed its concern over the...

Published 12 May, 2024 03:09am

Failure to curb child marriages: LHC refers mater to authorities for taking action against marriage registrar

LAHORE: The Lahore High Court (LHC) taking notice of the non-implementation of its guidelines to curb child ...

Published 12 May, 2024 03:09am

Governor Punjab vows to play role of bridge between PPP, PML-N

LAHORE: Governor Punjab Sardar Saleem Haider Khan Saturday visited the shrine of Bibi Pak Daman, Mazar-i-Iqbal and...

Published 12 May, 2024 03:09am

Letters

‘Dharna Commission Report: more questions than answers’

This is apropos a letter to the Editor by this writer carried by the newspaper yesterday. In this author’s view,...

Published 12 May, 2024 03:09am

PTI issues show-cause notice to Marwat

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Saturday slapped party maverick Sher Afzal Marwat with a show-cause...

Published 12 May, 2024 03:09am

Islamabad: street crime shows upward trend

ISLAMABAD: Street crime has shown an upward trend in the federal capital during the last week as carjackers stole...

Published 12 May, 2024 03:09am

Energy

US natural gas up on rising demand forecasts, lower output

NEW YORK: US natural gas futures held near a 14-week high on Thursday on forecasts for more demand over the next two...

Published 12 May, 2024 03:09am

Rates

Activities at PQA, KPT

KARACHI: Shipping activities were reported at the port where three ships namely, MSC Positano, Federal Iberville and...

Published 12 May, 2024 03:09am

Energy

Oil slips on prospect of higher-for-longer US rates

NEW YORK: Oil prices fell by nearly $1 a barrel on Friday as comments from US central bank officials indicated...

Published 12 May, 2024 03:09am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (May 11, 2024). ======================================= Offset...

Published 12 May, 2024 03:09am

Writing on the wall

EDITORIAL: It’s not every day that a politician’s interview goes viral and impacts the national narrative quite...

Published 12 May, 2024 03:09am

Fertiliser subsidy challenge

EDITORIAL: One can only wonder what to make of the ministry of industry and production’s proposal to extend...

Published 12 May, 2024 03:09am

Supplies by importers: Reduced rate of 1-4pc for purpose of tax withholding likely

ISLAMABAD: The government is planning to introduce a reduced rate of 1-4 percent for the purpose of tax withholding...

Updated 12 May, 2024 01:30pm

MBS’s visit put off for ‘time being’

ISLAMABAD: The highly-anticipated visit of Saudi Crown Prince Mohammed bin Salman to Pakistan has been postponed...

Updated 12 May, 2024 01:31pm

Toshakhana case: Presidential immunity granted to Zardari

ISLAMABAD: The Accountability Court on Saturday granted presidential immunity to President Asif Ali Zardari in...

Updated 12 May, 2024 01:31pm

AGP tells SC: Steps will be taken to make FBR policy board functional

ISLAMABAD: The Attorney General for Pakistan (AGP) told the Supreme Court that immediate steps will be taken soon to...

Updated 12 May, 2024 01:32pm

ECC approves Rs4.86bn TSG for PAEC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs4.861 billion technical...

Updated 12 May, 2024 01:30pm

PM forms body to address issues hindering implementation of ‘Tajir Dost Scheme’

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a committee comprising chairman Federal Board of Revenue...

Updated 12 May, 2024 10:27pm

There will be no new fuel subsidy or cross-subsidy schemes: Govt makes firm pledge to IMF

Assures IMF that it will refrain from netting out cross-arrears without proper due diligence and ex-ante independent auditing

Updated 12 May, 2024 01:30pm

Wind projects: KE’s Dhabeji grid station, NTDC line to reduce power cuts: PPIB

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has said that KE’s 220 kV Dhabeji Grid Station and...

Updated 12 May, 2024 09:29am

Dar to visit Beijing for ‘strategic dialogue’

ISLAMABAD: Pakistan and China will comprehensively review bilateral ties including economic and trade cooperation;...

Updated 12 May, 2024 09:30am

‘Sit-in and attack on parliament’: PTI says ready for probe but its scope should be extended

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Saturday said that it is ready to face an inquiry into ‘2014 sit-in and...

Updated 12 May, 2024 09:32am

FY2024-25: FPCCI, BR organising Pre-Budget Conference today

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Business Recorder are jointly...

Updated 12 May, 2024 09:30am

Post-budget press conference: KP to raise issue of ex-interim govt’s questionable performance

PESHAWAR: Khyber Pakhtunkhwa government said on Saturday that the former caretaker government in the province had...

Published 12 May, 2024 03:09am

Peshawar: prices of essential kitchen items decline

ISLAMABAD: The prices of essential kitchen items have witnessed a reduction during this week past against the...

Published 12 May, 2024 03:09am

Cigarettes: Experts for gradual implementation of uniform FED rate

ISLAMABAD: Health experts have strongly recommended gradual implementation of a uniform Federal Excise Duty (FED)...

Published 12 May, 2024 03:09am

Commodities

‘2.76m acres of land brought under cotton cultivation’

LAHORE: Farmers in Punjab have so far brought 2.76 million acres of land under cotton cultivation in the province...

Published 12 May, 2024 03:09am

Budget proposals: PBF underscores need for strengthening agri sector

KARACHI: Pakistan Business Forum (PBF) have sent the detailed proposals for the budget 2024-25 to the Ministry of...

Published 12 May, 2024 03:09am

Commodities

Malaysian palm oil falls

SINGAPORE: Malaysian palm oil futures fell for a third consecutive session to close at a three-month low on Friday,...

Published 12 May, 2024 03:09am

Commodities

Japanese rubber futures easier

SINGAPORE: Japanese rubber futures fell 1% on Friday as geopolitical concerns surrounding key consumer China weighed...

Published 12 May, 2024 03:09am

Commodities

Gold extends gains

BENGALURU: Gold prices climbed on Friday, en route to their best week in five, with zero-yield bullion building on...

Published 12 May, 2024 03:09am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 26.507...

Published 12 May, 2024 03:09am

Commodities

Corn climbs as USDA projects US stocks below expectations

CHICAGO: Chicago corn futures advanced on Friday after the US Department of Agriculture (USDA) projected US...

Published 12 May, 2024 03:09am

Commodities

EU wheat climbs to nine-month peak

PARIS: European wheat futures rose on Friday to their highest in more than nine months on growing concern over...

Published 12 May, 2024 03:09am

Commodities

Copper rises as traders chase arbitrage opportunities

LONDON: Copper prices rose on Friday as traders raced to capture arbitrage opportunities with growing gaps between...

Published 12 May, 2024 03:09am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (May 11, 2024)...

Published 12 May, 2024 03:09am

Cotton & Textile

Little business on cotton market

LAHORE: The local cotton market remained bearish on Saturday, with low trading volume. Cotton Analyst Naseem Usman...

Published 12 May, 2024 03:09am

Commodities

Iron ore futures down

HANOI: Iron ore futures fell to their lowest in more than two weeks, pressured by an inventory accumulation at...

Published 12 May, 2024 03:09am

Industry

Deceptive marketing practices: CCP issues notices to 12 companies manufacturing ‘beauty’ products

ISLAMABAD: The Competition Commission of Pakistan (CCP) has taken cognizance of deceptive marketing by the beauty...

Published 12 May, 2024 03:09am

Taxes

Tribunal sets aside orders of OIR for not following directions of Commissioner-IR Appeals

LAHORE: An Income Tax Tribunal has set-aside the orders of an Officer Inland Revenue (OIR) for not following the...

Published 12 May, 2024 03:09am

Money & Banking

SBP provides foundation for elimination of Riba by Dec 31, 2027

FAISALABAD: State Bank of Pakistan (SBP) has provided a solid and practicable foundation for the elimination of Riba...

Published 12 May, 2024 03:09am

Industry

IEEEP symposium for promoting local products

KARACHI: Notable speakers have reiterated the importance of made-in-Pakistan products and their promotion, along...

Published 12 May, 2024 03:09am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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