News Archives for Print - 2024-05-22

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Print - 2024-05-22

UN plans new routes for halted Gaza aid deliveries from US-built pier

NEW YORK: The United Nations is planning new routes to distribute aid from a US-built pier in Gaza, a spokesperson...

Published 22 May, 2024 05:54am

Iranians pay last respects to president

TEHRAN: Tens of thousands of Iranians gathered Tuesday to mourn president Ebrahim Raisi and seven members of his...

Published 22 May, 2024 05:54am

The Weather

KARACHI: The weather report on Tuesday (May 21, 2024) and the forecast for Wednesday (May 22, 2024)...

Published 22 May, 2024 05:54am

Illicit trade of cigarettes accounted for 23.1pc of total trade: WHO study

ISLAMABAD: The World Health Organisation (WHO) has contradicted claims by multinational tobacco companies regarding...

Published 22 May, 2024 05:54am

Money & Banking

Online biller onboarding: BoK partners with 1Link and Kuickpay

PESHAWAR: Bank of Khyber (BoK) announced a tripartite arrangement with 1Link and Kuickpay for simplifying bulk...

Published 22 May, 2024 05:54am

JAC decides to challenge Punjab Defamation Bill 2024

KARACHI: The Joint Action Committee (JAC) has rejected the Punjab Defamation Bill 2024, labelling it a draconian ...

Published 22 May, 2024 05:54am

MENA

Pakistan’s IT cos like incorporating in Dubai: ease of payments is just one of many reasons

Dubai’s appeal as the preferred destination for Pakistan’s software companies has a lot to do with the streamlined...

Updated 22 May, 2024 09:31am

Pakistan Railways reduces train fares

ISLAMABAD: Following a reduction in high-speed diesel (HSD) price, the Ministry of Pakistan Railways (PR) has...

Published 22 May, 2024 05:54am

Money & Banking

Asian currencies: Philippine peso drops to over 1-1/2-year low

BENGALURU: Most emerging Asian currencies and equities retreated on Tuesday as recent comments from US Federal...

Published 22 May, 2024 05:54am

Money & Banking

Indian rupee ends slightly higher

MUMBAI: The Indian rupee closed marginally stronger on Tuesday despite weakness in most Asian currencies, with...

Published 22 May, 2024 05:54am

Money & Banking

US dollar dips vs yen

NEW YORK: The US dollar slipped against the yen on Tuesday in a choppy session, after Federal Reserve Governor...

Published 22 May, 2024 05:54am

Gilani visits Iran embassy to offer condolence

ISLAMABAD: Acting President Syed Yousuf Raza Gilani visited the Embassy of Iran on Tuesday to offer condolences over...

Published 22 May, 2024 05:54am

Diplomatic passport case: FIA granted remand of former AJK PM

ISLAMABAD: A local court on Tuesday granted Federal Investigation Agency (FIA) three-day physical remand of former...

Published 22 May, 2024 05:54am

Opposition in Senate protests against attack on PTI spokesperson

ISLAMABAD: The opposition in the Upper House of the Parliament Tuesday protested over “shameful” attack on...

Published 22 May, 2024 05:54am

PTI will stand by judiciary and law: Raoof

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Tuesday came down hard on “mandate thieves and their handlers” for...

Published 22 May, 2024 05:54am

Baloch missing students: Nothing against agencies, only against those who are operating ‘extra-judicially’: IHC

ISLAMABAD: The Islamabad High Court (IHC) made it clear that nothing is against the agencies and only against those...

Published 22 May, 2024 05:54am

Dissatisfied with Faizabad dharna probe cabinet decides to set up special panel

ISLAMABAD: The federal cabinet has expressed dissatisfaction over the investigation of the inquiry commission on...

Published 22 May, 2024 05:54am

Water levels in Mangla, Tarbela dams better as compared to last year

LAHORE: Availability of water in both Mangla and Tarbela dams is far better than the last year, requiring immediate...

Published 22 May, 2024 05:54am

CM inaugurates LDA Avenue-1 Central Park

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif on Tuesday inaugurated LDA Avenue-1 Central Park, covering an area...

Published 22 May, 2024 05:54am

Farmers demand govt start wheat procurement

LAHORE: Farmers while demonstrating in different cities, on the call of the Kissan Rabita Committee, demanded...

Published 22 May, 2024 05:54am

Sindh: SIFC decides to upgrade tourist sites on PPP mode basis

KARACHI: Sindh Chief Minister Syed Murad Ali Shah presiding over a meeting of the Special Investment Facilitation...

Published 22 May, 2024 05:54am

‘Umro Ayyar’ promotional ceremony receives tremendous reception at NUST

ISLAMABAD: The star-studded promotional ceremony for the highly anticipated Pakistani film ‘Umro Ayyar – A New...

Published 22 May, 2024 05:54am

Sindh announces summer vacation for schools

KARACHI: The Sindh government has announced summer vacations for all public and private educational institutions...

Published 22 May, 2024 05:54am

Sindh PA assails relentless power load-shedding across province

KARACHI: The Sindh Assembly on Tuesday lashed out at the K-Electric and other power supplying companies for long...

Published 22 May, 2024 05:54am

19pc teens, 46pc adults suffer from hypertension: experts

KARACHI: Around 18 percent of Pakistani teenagers aged 15 years and above are suffering from high blood pressure due...

Published 22 May, 2024 05:54am

20 food officers suspended

LAHORE: Punjab Food Minister Bilal Yasin on Tuesday suspended 20 officers from their services on charges of...

Published 22 May, 2024 05:54am

Pakistan to face England today in ICC T20I World Cup

LAHORE: The Pakistan men’s cricket team will take on England in the first of the four-match T20I series at...

Published 22 May, 2024 05:54am

ML-1 Railway Project: Ahsan for priority to commencing bidding process

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal emphasised the priority of...

Published 22 May, 2024 05:54am

Australian educator visits Alhamra

LAHORE: Australian educator Mrs Hacer Demirkan visited Alhamra and had a meeting with Executive Director Alhamra ...

Published 22 May, 2024 05:54am

Save Gaza Rally: Case registered against driver for running over protestors

ISLAMABAD: Jamaat-e-Islami (JI) leader Mushtaq Ahmed on Tuesday said that the police have registered the first...

Published 22 May, 2024 05:54am

Catering van catches fire at JIAP

KARACHI: A catering van caught fire at Karachi's Jinnah International Airport on Tuesday, no damage was reported....

Published 22 May, 2024 05:54am

CM orders severe punish to rape accused

LAHORE: Taking notice of alleged rape of a six-year-old girl in Faisalabad, the Punjab Chief Minister Maryam Nawaz...

Published 22 May, 2024 05:54am

Court confirms bail of PTI’s Gohar, other leaders

ISLAMABAD: A local court, on Tuesday, confirmed the bail of Pakistan Tehreek-e-Insaf (PTI) chairman Barrister Gohar...

Published 22 May, 2024 05:54am

Dar meets Lavrov

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar Tuesday met his Russian counterpart...

Published 22 May, 2024 05:54am

Dedicated units set up to deal with crimes by using IT, AI: DIG

FAISALABAD: City police have established a number of dedicated units to deal with the specialised crimes by...

Published 22 May, 2024 05:54am

Dr Raghib Naeemi made Chairman IIC

LAHORE: The federal government has appointed Allama Dr.Raghib Hussain Naeemi as the Chairman of the Islamic...

Published 22 May, 2024 05:54am

FAPUASA condemns Israel's barbarism against Palestinians

LAHORE: The first meeting of the newly elected Executive Council of the Federation of All Pakistan Universities...

Published 22 May, 2024 05:54am

Tyrian case: IHC turns down petition seeking IK’s disqualification

ISLAMABAD: The Islamabad High Court (IHC), Tuesday, turned down a petition seeking disqualification of Pakistan...

Published 22 May, 2024 05:54am

Importance of SAARC for region highlighted

ISLAMABAD: The India Study Centre at the Institute of Strategic Studies, Islamabad (ISSI) organised a Roundtable...

Published 22 May, 2024 05:54am

IT Ministry finalising Personal Data Protection Bill

ISLAMABAD: The Ministry of Information Technology and Telecommunications is finalising the Personal Data Protection...

Published 22 May, 2024 05:54am

Lahore rehabilitation plan being prepared: minister

LAHORE: Punjab Local Government Minister Zeeshan Rafique has said that a comprehensive programme for the...

Published 22 May, 2024 05:54am

LHC grants post-arrest bail to Elahi

LAHORE: The Lahore High Court on Tuesday granted post-arrest bail to PTI President Chaudhry Parvez Elahi in a case ...

Published 22 May, 2024 05:54am

LHC issues notices on PTI-backed candidate’s plea

LAHORE: The Lahore High Court on Tuesday issued notices on a petition of a PTI backed independent candidate Rao Omar...

Published 22 May, 2024 05:54am

Moot discusses how new technologies, AI are shaping modern life

KARACHI: New World Concepts organised a conference on “New Age Innovations: AI Tools and Mindscience for Customer...

Published 22 May, 2024 05:54am

NDMA issues GLOF alert for KPK and G-B regions

ISLAMABAD: The National Disaster Management Authority (NDMA), Tuesday, issued a Glacial Lake Outburst Flood (GLOF)...

Published 22 May, 2024 05:54am

PM leaves for Iran today

ISLAMABAD: Prime Minister Shehbaz Sharif will leave for Iran today (Wednesday) to attend the funeral prayers of late...

Published 22 May, 2024 05:54am

Police register 4,063 cases against drug mafia

LAHORE: The Lahore police have registered 4,063 cases and arrested 4,192 suspects in a massive crackdown against the...

Published 22 May, 2024 05:54am

PPP delegates visit Iranian Consulate for condolence

LAHORE: General Secretary of Pakistan Peoples Party Central Punjab, Syed Hassan Murtaza, along with a delegation of...

Published 22 May, 2024 05:54am

Punjab to start Emergency Rescue 1122 service on motorways by Dec

LAHORE: The Punjab government will launch the Emergency Rescue 1122 service on motorways in December this year and...

Published 22 May, 2024 05:54am

Rise in daytime temperatures predicted

KARACHI: As the heatwave seared the country on Tuesday, the Met Office again warned the public about rise in daytime...

Published 22 May, 2024 05:54am

SAARC SG pays courtesy call on PM

ISLAMABAD: Muhammad Golam Sarwar, secretary general South Asian Association for Regional Cooperation (SAARC), who is...

Published 22 May, 2024 05:54am

SC moved against PTI leaders for scandalising judiciary

ISLAMABAD: The Supreme Court has been asked to summon and prosecute Pakistan Tehreek-e-Insaf (PTI) leaders, Shoaib...

Published 22 May, 2024 05:54am

SSGC removes 2,840 illegal gas connections

KARACHI: SSGC tightened its grip on the gas theft miscreants by cracking down on more than 2,840 illegal gas...

Published 22 May, 2024 05:54am

Two more underpasses to be built in Capital: minister

ISLAMABAD: Interior Minister Mohsin Naqvi on Tuesday said that two more underpasses will be constructed in the...

Published 22 May, 2024 05:54am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (May 21, 2024). ==================================== BR...

Published 22 May, 2024 05:54am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (May 21, 2024). ======================================= Offset ...

Published 22 May, 2024 05:54am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (May 21, 2024)...

Published 22 May, 2024 05:54am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 21, 2024)....

Published 22 May, 2024 05:54am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (May 21, 2024)....

Published 22 May, 2024 05:54am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (May 21, 2024). ======================== Open Bid Rs...

Published 22 May, 2024 05:54am

Forex

Open market rates of foreign currencies

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

Published 22 May, 2024 05:54am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (May 21, 2024). ========================== KIBOR...

Published 22 May, 2024 05:54am

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 22 May, 2024 05:54am

Rates

LME official prices

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

Published 22 May, 2024 05:54am

Energy

Managing demand, supply dynamics: Ogra directs ministry to devise more effective strategy in relation to imported RLNG

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has directed the Ministry of Energy to devise a more ...

Published 22 May, 2024 05:54am

Cotton production: India moves forward, Pakistan falls behind

Currently, Pakistan is facing economic challenges. Although the present government is implementing positive measures...

Updated 22 May, 2024 06:19am

Letters

The late Iranian President Raisi

Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei will perform the ritual Salat al-Mayyit (prayer for ...

Published 22 May, 2024 05:54am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 74,269 tonnes of cargo comprising 39,164 tonnes of import cargo and 35,105 tonnes...

Published 22 May, 2024 05:54am

Energy

Oil down by 1pc on US inflation

HOUSTON: Oil prices declined by more than 1% on Tuesday with lingering US inflation poised to keep interest rates...

Published 22 May, 2024 05:54am

Energy

US natgas prices ease on signs of rising output

NEW YORK: US natural gas futures eased about 1% on Tuesday on signs producers were no longer cutting output and...

Published 22 May, 2024 05:54am

Stocks

Most Gulf markets dip as oil prices tumble

DUBAI: Most stock markets in the Gulf ended lower on Tuesday as oil prices fell on expectations that lingering US...

Published 22 May, 2024 05:54am

Stocks

Cyclical shares drag China stocks lower

SHANGHAI: China stocks closed down on Tuesday, led by cyclical shares, as Beijing’s measures to lift the...

Published 22 May, 2024 05:54am

Stocks

Europe’s STOXX 600 ends lower as rate uncertainty prevails

PARIS: European stocks closed slightly lower on Tuesday, their third out of four sessions in the red, as caution...

Published 22 May, 2024 05:54am

Stocks

Wall St range-bound on Fed policy caution

NEW YORK: The main US indexes oscillated within a tight range on Tuesday as investors grew cautious ahead of AI chip...

Published 22 May, 2024 05:54am

PARTLY FACETIOUS: Nawaz Sharif needs companionship

“The Greedy for Portfolios Samdhi (GPS) is in Kazakhstan to attend the Shanghai Cooperation Organisation ...

Published 22 May, 2024 05:54am

From IMF to IT

Digital revolution. E-commerce. On line expansion. Artificial intelligence. This is what the world has been talking...

Updated 22 May, 2024 06:17am

Properties of Pakistanis in Dubai

In 2019 when I was the Chairman of Federal Board of Revenue (FBR) I asked my Director General International Taxation...

Published 22 May, 2024 05:54am

World Cultural Diversity Day observed at BECS schools

ISLAMABAD: The Directorate General of Basic Education Community Schools (BECS) on Tuesday observed World Cultural...

Published 22 May, 2024 05:54am

Rates

PSX posts modest gains

KARACHI: Pakistan Stock Exchange on Tuesday witnessed a mixed trend and after moving in both directions, closed on...

Published 22 May, 2024 05:54am

Commodities

PMEX daily trading report

KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 21.721...

Published 22 May, 2024 05:54am

Commodities

Malaysian palm oil ends lower as weaker exports weigh

NEW DELHI: Malaysian palm oil futures declined on Tuesday, weighed down by a drop in exports of oil products in ...

Published 22 May, 2024 05:54am

Cotton & Textile

Cotton market remains bearish with low volume

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

Published 22 May, 2024 05:54am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (May 21, 2024)...

Published 22 May, 2024 05:54am

Commodities

Iron ore rises on China demand optimism

NEW DELHI: Iron ore futures rose on Tuesday, as resilient demand and improved prospects in top consumer China...

Published 22 May, 2024 05:54am

Commodities

Japan rubber futures fall on weaker oil prices

SINGAPORE: Japanese rubber futures closed lower on Tuesday, tracking a drop in oil prices, although a weaker yen and...

Published 22 May, 2024 05:54am

Commodities

Aluminium hits highest in almost 2 years on supply concerns

LONDON: Aluminium prices hit the highest level in almost two-years on Tuesday and were heading for the biggest daily...

Published 22 May, 2024 05:54am

Commodities

Gold prices cool near record peak

NEW YORK: Gold prices cooled near a record peak hit in the previous session on Tuesday as the dollar held ground, ...

Published 22 May, 2024 05:54am

Commodities

Arabica coffee prices climb while raw sugar loses ground

LONDON: Arabica coffee futures on ICE rose on Tuesday, boosted partly by quality concerns and shipment delays in top...

Published 22 May, 2024 05:54am

Ebrahim Raisi: a political heavyweight

EDITORIAL: Iran is observing five-day mourning for President Ebrahim Raisi and Foreign Minister Hossein...

Published 22 May, 2024 05:54am

EAC composition: a step in the right direction

EDITORIAL: Prime Minister Shehbaz Sharif has constituted a seven-member Economic Advisory Council (EAC) under his...

Published 22 May, 2024 05:54am

Commodities

‘Lower wheat crop prices exacerbate existing challenges’

LAHORE: Pakistan’s agricultural sector is facing a severe crisis as plummeting wheat crop prices exacerbate...

Published 22 May, 2024 05:54am

Planned pharma industrial zone in Lahore: CM pledges facilities and concessions

LAHORE: Punjab Chief Minister Maryam Nawaz said on Tuesday that they are trying to establish natural business...

Published 22 May, 2024 05:54am

Digital transformation: Mashreq Pakistan selects PTCL

KARACHI: Pakistan Telecommunication Company Limited (PTCL) and Mashreq Pakistan, a part of Mashreq which is the...

Published 22 May, 2024 05:54am

Commodities

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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