News Archives for Print - 2024-06-03

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Print - 2024-06-03

ICC T20I World Cup-2024: Babar says optimistic about team’s prospects

LAHORE: Pakistan captain Babar Azam, while showing excitement for the ICC T20I World Cup-2024, has expressed the ...

Published 03 Jun, 2024 06:30am

From Inspiration to Action: AICS Delivers Real Change

The Italian Agency for Development Cooperation (AICS) Islamabad office remains at the forefront for the...

Published 03 Jun, 2024 06:30am

ITALY REPUBLIC DAY 2024: Message from Aarij Iqbal, President, Italian Development Committee-IDC

I send the Italian people my best greetings as they celebrate their 78th Republic Day on behalf of the Italian...

Published 03 Jun, 2024 06:30am

ITALY REPUBLIC DAY 2024: Message from Salvatore Parano, Italian Trade Commissioner for Pakistan

It is with great pride that I extend my greetings to the readers of this special supplement, celebrating the Italian...

Published 03 Jun, 2024 06:30am

ITALY REPUBLIC DAY 2024: Message from Danilo Giurdanella, Consul General of Italy in Karachi

It is an honor for me to address the esteemed readers again on the fourth National Day of the Italian Republic. I...

Published 03 Jun, 2024 06:30am

ITALY REPUBLIC DAY 2024, Festa della Repubblica: Message from H.E. MS. Marilina Armellin Ambassador of Italy to Pakistan

Today, June 2nd, Italy celebrates the 78th anniversary of the foundation of the Republic. After my arrival in...

Published 03 Jun, 2024 06:30am

Plane carrying Sindh governor makes emergency landing

KARACHI: A plane carrying Sindh Governor Kamran Tessori and his family made an emergency landing at Karachi’s...

Published 03 Jun, 2024 06:30am

Oxford Pakistan Programme scholarships open for Baloch students

LONDON: Oxford Pakistan Programme scholarships are open for students from Balochistan, the first initiative of its...

Published 03 Jun, 2024 06:30am

Hyderabad gas blast death toll rises to 10

HYDERABAD: The death toll from a blast at a liquid petroleum gas cylinder filling shop in Hyderabad’s Preetabad...

Published 03 Jun, 2024 06:30am

KUJ Dastoor polls: Democrats Panel wins majority of seats

KARACHI: The Democrats Panel has emerged victorious in the Karachi Union of Journalists (KUJ) Dastoor elections,...

Published 03 Jun, 2024 06:30am

Habib varsity confers degrees on 188 students

KARACHI: Habib University, a liberal arts institution, conferred degrees on 188 students at the commencement...

Published 03 Jun, 2024 06:30am

Southern parts of Sindh likely to receive above-normal monsoon rains

HYDERABAD: Farooq Shaikhani, President, Hyderabad Chamber of Small Traders & Small Industry, has announced that...

Published 03 Jun, 2024 06:30am

Punjab EOC warns of a resurgence of polio virus

LAHORE: Punjab Emergency Operations Centre has warned of polio virus resurgence as province enters polio high...

Published 03 Jun, 2024 06:30am

Turkish envoy hosts traditional breakfast

KARACHI: Pakistan and Turkiye have deep relationship with greater understanding since the establishment of two...

Published 03 Jun, 2024 06:30am

South Asia

Trump says if he is jailed that could be ‘breaking point’ for Americans

WASHINGTON: Donald Trump said he would accept home confinement or jail time after his historic conviction by a New...

Published 03 Jun, 2024 06:30am

Women lead race as Mexicans vote for new president

MEXICO CITY: Mexicans started voting Sunday in a presidential election dominated by two women — a historic first ...

Published 03 Jun, 2024 06:30am

South Asia

Modi eyes election victory, top opponent back behind bars

NEW DELHI: A top opponent of Indian Prime Minister Narendra Modi vowed Sunday to keep fighting “dictatorship”...

Updated 03 Jun, 2024 07:04am

Europe

Zelensky says China working hard to ‘prevent’ countries from attending peace summit

SINGAPORE: Ukrainian President Volodymyr Zelensky accused China on Sunday of working hard to stop countries from...

Published 03 Jun, 2024 06:30am

The Weather

KARACHI: The weather report on Sunday (June 02, 2024) and the forecast for Monday (June 03, 2024)....

Published 03 Jun, 2024 06:30am

Stocks

Abu Dhabi index jumps ahead of OPEC+ meeting

DUBAI: Stock markets in the United Arab Emirates closed higher on Friday, with the Abu Dhabi index leading gains...

Published 03 Jun, 2024 06:30am

Stocks

Sri Lanka shares end lower

BENGALURU: Sri Lankan shares closed lower on Friday, dragged by losses in financial and industrial stocks. The CSE...

Published 03 Jun, 2024 06:30am

Stocks

London stocks end higher for third month

LONDON: London stocks closed higher on Friday, logging a third straight month of gains, as investors cheered an...

Published 03 Jun, 2024 06:30am

Goods stolen from FIA headquarters recovered

RAWALPINDI: Rawalpindi Police have recovered goods worth millions of rupees stolen from the Federal Investigation...

Published 03 Jun, 2024 06:30am

KP govt approves addicts’ rehabilitation plan

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has approved action plans for the rehabilitation of drug...

Published 03 Jun, 2024 06:30am

FAPUASA seeks ‘adequate’ allocations for universities in budget

LAHORE: The Federation of All Pakistan Universities Academic Staff Association (FAPUASA) has written letters to the...

Published 03 Jun, 2024 06:30am

PM congratulates first Christian woman brigadier

ISLAMABAD: Prime Minister Shehbaz Sharif has congratulated Helen Mary Roberts on her promotion to the rank of...

Published 03 Jun, 2024 06:30am

Balochistan CM’s plane narrowly escapes accident

QUETTA: Balochistan Chief Minister Sarfraz Bugti’s plane narrowly escaped an accident during the journey from...

Published 03 Jun, 2024 06:30am

FIA arrests human smuggler in Karachi

KARACHI: Following the arrest of the passenger at Karachi airport, the Federal Investigation Agency (FIA) on Sunday...

Published 03 Jun, 2024 06:30am

Keenjhar Lake: Sindh govt says has decided to start water sports project

KARACHI: Sindh government announced to start water sports for the people of the province at Keenjhar Lake located...

Published 03 Jun, 2024 06:30am

PM lauds Navy for carrying out successful anti-narcotics operation

ISLAMABAD: Prime Minister Shehbaz Sharif has applauded Pakistan Navy for successful operation in thwarting an ...

Published 03 Jun, 2024 06:30am

Attock Khurd: Railway Station becomes tourist spot

PESHAWAR: Attock Khurd Railway Station at the bank of Indus is emerging as attractive tourist spot. It; however,...

Published 03 Jun, 2024 06:30am

Governor meets Sri Lankan team, seeks better economic ties

LAHORE: Led by Vidura Wickramanayaka, Minister of Buddhadasna Religious and Cultural Affairs, a Sri Lankan...

Published 03 Jun, 2024 06:30am

Nawaz has contradicted his own narrative: Zubair

ISLAMABAD: Former Sindh Governor and Pakistan Muslim League-Nawaz (PML-N) estranged leader Muhammad Zubair has that...

Published 03 Jun, 2024 06:30am

Fowzia meets Aafia in US jail

TEXAS: Aafia Movement spokesman Muhammad Ayub said on Sunday that finally after removal of obstructions, Dr Fowzia...

Published 03 Jun, 2024 06:30am

ECP fixes June 5 for hearing of case against 40 political parties

ISLAMABAD: The Election Commission of Pakistan (ECP) has fixed for hearing a case involving failure, on part of some...

Published 03 Jun, 2024 06:30am

KP govt to hold mass wedding ceremony of 4,000 couples

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has decided to arrange a collective marriage ceremony of...

Published 03 Jun, 2024 06:30am

JI chief assails political parties, questions ‘silence’ on Gaza genocide

KARACHI: A ‘million march’ of Jamaat-e-Islami (JI) Karachi chapter here on Sunday denounced Gaza genocide. The...

Published 03 Jun, 2024 06:30am

Justice Babar’s family’s data leak: IHC to conduct hearing today

ISLAMABAD: Islamabad High Court (IHC) has fixed Monday (today) for hearing the contempt of court case involving...

Published 03 Jun, 2024 06:30am

Seminar held on harassment of women at workplace

KARACHI: Centre for Guidance, Career Planning and Placement of the Sir Syed University of Engineering &...

Published 03 Jun, 2024 06:30am

DC inaugurates anti-polio drive

FAISALABAD: Deputy Commissioner Abdullah Nayyar Sheikh inaugurated a weeklong anti-polio drive by dispensing drops ...

Published 03 Jun, 2024 06:30am

Indonesian CG honours prominent Pakistani businessman

KARACHI: The Consul General of the Republic of Indonesia, Dr June Kuncoro Hadiningrat, honored prominent Pakistani...

Published 03 Jun, 2024 06:30am

Healthcare audit system demanded for govt hospitals

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor said a proper healthcare audit system should be...

Published 03 Jun, 2024 06:30am

Mechanism sought for lending to agri varsity students

KARACHI: The Sindh government has directed the Research Wing of the Agriculture Department to devise a mechanism for...

Published 03 Jun, 2024 06:30am

Budget: govt between a rock and a hard place

Contrary to earlier reports that the budget for next fiscal year will be presented to parliament on the 7June it is...

Published 03 Jun, 2024 06:30am

‘Strategic’ SOEs bereft of strategic merits

“There is no such thing as a strategic SOE.” This statement by Finance Minister Aurangzeb is spot on. However,...

Published 03 Jun, 2024 06:30am

Letters

Ceasefire plan: Biden must step up his pressure on Israel

Russian RT television’s flagship programme CROSSTALK often offers something very interesting and informative,...

Published 03 Jun, 2024 06:30am

Invest in renewable energy

The recent upsurge in circular debt (CD) accumulation coincided with the signing of “take-or-pay” contracts for...

Published 03 Jun, 2024 06:30am

Export-oriented sectors: MoC advocates concessional power tariff

Says key industrial export sectors of Pakistan struggling to recover and gain lost share in global markets

Updated 03 Jun, 2024 09:35am

FBR to upgrade IT infrastructure through World Bank lending

ISLAMABAD: The Federal Board of Revenue (FBR) will modernise its IT infrastructure, set up new data centres and...

Updated 03 Jun, 2024 09:13am

KPCL approaches Nepra to get its indexations approved

ISLAMABAD: Karot Power Company Limited (KPCL) has approached National Electric Power Regulatory Authority (Nepra) to...

Updated 03 Jun, 2024 09:23am

Rates

PSX remains under pressure

KARACHI: Pakistan Stock Exchange remained under pressure during the outgoing week ended on May 31, 2024 due to...

Published 03 Jun, 2024 06:30am

Rates

Futures spread down 1123bps

KARACHI: The futures spread declined by 1123bps to 5.22 percent on the last day of the outgoing week. Trading...

Published 03 Jun, 2024 06:30am

Maldives to ban Israelis to protest Gaza war

MALÉ, (Maldives): The Indian Ocean nation of the Maldives will ban Israelis from the luxury tourist hot spot, the...

Updated 03 Jun, 2024 08:59am

Chile joins S African case against Israel at top UN court

VALPARAÍSO, (Chile): Chilean President Gabriel Boric said Saturday his country was joining South Africa in its case...

Updated 03 Jun, 2024 08:54am

Prime Minister’s functions: PMO issues guidelines for invited foreign guests

ISLAMABAD: Prime Minister Office (PMO) has reportedly issued guidelines for invited foreign guests to Prime...

Updated 03 Jun, 2024 09:33am

PM to visit China on 4th

ISLAMABAD: Prime Minister Shehbaz Sharif will leave for China on official visit on June 4. Prime Minister Shehbaz...

Updated 03 Jun, 2024 09:15am

China lands on moon’s far side in historic sample-retrieval mission

BEIJING: China landed an uncrewed spacecraft on the far side of the moon on Sunday, overcoming a key hurdle in its...

Updated 03 Jun, 2024 09:32am

OPEC+ extends deep oil production cuts into 2025

LONDON/DUBAI: OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to...

Updated 03 Jun, 2024 09:21am

Investors flock to Aramco share sale that could raise $13bn

DUBAI: Saudi Arabia’s sale of shares in oil giant Aramco drew more demand than the stock on offer within hours of...

Updated 03 Jun, 2024 08:59am

Cathay Pacific looking to add more Belt and Road destinations: CEO

DUBAI: Airline Cathay Pacific is looking to add more destinations on China’s Belt and Road project, CEO Ronald Lam...

Updated 03 Jun, 2024 08:58am

Rates

Marginal decline

KARACHI: The rupee decreased marginally during the previous week as it lost Re0.12 or 0.04% against the US dollar....

Published 03 Jun, 2024 06:30am

Stocks

Wall Street Week Ahead: Struggling Dow transport stocks could be economic warning signal

NEW YORK: It’s been a banner year for the major US stock indexes, but one economically sensitive corner of the...

Published 03 Jun, 2024 06:30am

Energy

Solarising public- sector buildings: Sindh, World Bank implementing programme

ISLAMABAD: Sindh government in collaboration with World Bank is implementing a comprehensive program to solarise...

Published 03 Jun, 2024 06:30am

FD setting dollar value at Rs295: Traders likely to experience additional currency depreciation: PBF

LAHORE: The Pakistan Business Forum (PBF) has warned that the business community is likely to experience additional...

Published 03 Jun, 2024 06:30am

Energy

Call for promoting small- to medium-sized solar farms

LAHORE: Investing in solar is not just about energy; it’s about fostering sustainable development, reducing...

Published 03 Jun, 2024 06:30am

Key projects NBP, Chinese company sign MoU to facilitate investment

BEIJING: The National Bank of Pakistan (NBP) has agreed to partner with China-Pakistan International Silk Road...

Published 03 Jun, 2024 06:30am

Cotton & Textile

Weekly Cotton Review: Prices decline after initial surge

KARACHI: Cotton prices showed an initial surge, followed by a decline. The market witnessed a significant drop of Rs...

Published 03 Jun, 2024 06:30am

Planned sell-off of Discos

EDITORIAL: Prime Minister Shehbaz Sharif has again directed the relevant authorities to speed up the process of...

Published 03 Jun, 2024 06:30am

Untangling the mystery of ‘audio leaks’

EDITORIAL: While it has become a normal practice to malign, through purported audio leaks, opposition leaders as ...

Published 03 Jun, 2024 06:30am

Trump’s conviction

EDITORIAL: The guilty verdict handed out to Donald Trump by a New York jury on 34 counts of falsifying business...

Published 03 Jun, 2024 06:30am

Commodities

Prices of food items in Peshawar remain high

PESHAWAR: Prices of important kitchen items remained high in the open market despite gradual decrease in rates of...

Published 03 Jun, 2024 06:30am

KPRA surpasses revenue collection target

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) has surpassed revenue collection target for the financial year...

Published 03 Jun, 2024 06:30am

Turkish economy expands 5.7pc in Q1 on strong domestic demand

ISTANBUL: Turkey’s economy grew 5.7% in the first quarter, in line with expectations, official data showed on...

Published 03 Jun, 2024 06:30am

China’s industrial profits return to growth in April

BEIJING: China’s industrial profits swung back into positive territory in April while growth over the first four...

Published 03 Jun, 2024 06:30am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday June 02, 2024

Published 03 Jun, 2024 06:30am

Industry

‘33rd COMEX IT Show’ held in Muscat

ISLAMABAD: The 33rd COMEX IT Show was held at the Muscat Convention Centre, featuring participation from 133 IT...

Published 03 Jun, 2024 06:30am

Smooth bilateral trade: Afghan CG agrees to make joint efforts

PESHAWAR: Consul General of Afghan Consulate Peshawar Hafiz Mohibullah Shakir has agreed to make joint efforts to...

Published 03 Jun, 2024 06:30am

Money & Banking

China’s yuan slips on weak PMI

SHANGHAI: China’s yuan weakened on Friday after an official factory survey showed the country’s manufacturing...

Published 03 Jun, 2024 06:30am

Money & Banking

C$ gains despite GDP miss as US bond yields ease

TORONTO: The Canadian dollar rose against its US counterpart on Friday as a drop in US bond yields offset increased...

Published 03 Jun, 2024 06:30am

Money & Banking

Australia, NZ dollars go flat

SYDNEY: The Australian and New Zealand dollars took a breather on Friday after a week of choppy trading, with a...

Published 03 Jun, 2024 06:30am

Industry

Maryyam Qasim made convener of FPCCI bodies

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) appointed Maryyam Qasim Khan as...

Published 03 Jun, 2024 06:30am

Companies

BHP walks away from $49bn pursuit of rival Anglo

LONDON/JOHANNES-BURG/MELBOURNE: Mining group BHP Group on Wednesday walked away from its $49 billion plan to ...

Published 03 Jun, 2024 06:30am

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
FTSE 100 / Jan 20	8,520.54
Germany DAX 30 / Jan 20	20,990.31
France CAC40 / Jan 20	7,733.50
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Petrol/Litre / Jan 21	256.13
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Diesel/Litre / Jan 21	260.95

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
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%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	77.59 ▲ 7.05 (9.99%)
Shadman Cotton / Jan 21 Shadman Cotton Mills Limited(SHCM)	31.82 ▲ 2.89 (9.99%)
F.Credit & Inv / Jan 21 First Credit and Investment Bank Limited(FCIBL)	8.20 ▲ 0.74 (9.92%)

Stock	Price
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	22.51 ▼ -2.48 (-9.92%)
Kohat Textile / Jan 21 Kohat Textile Mills Limited(KOHTM)	32.32 ▼ -2.58 (-7.39%)
Punjab Oil / Jan 21 Punjab Oil Mills Limited(POML)	147 ▼ -11.02 (-6.97%)
Parmount Sp. / Jan 21 Paramount Spinning Mills Limited(PASM)	4.30 ▼ -0.31 (-6.72%)
Suhail Jute / Jan 21 Suhail Jute Mills Limited(SUHJ)	106 ▼ -7.47 (-6.58%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9.20 ▼ -0.61 (-6.22%)
GOC (Pak) / Jan 21 GOC (Pak) Limited.(GOC)	64.99 ▼ -4.10 (-5.93%)
Prosperity Weav / Jan 21 Prosperity Weaving Mills Limited(PRWM)	35 ▼ -2.00 (-5.41%)
Saritow Spinning / Jan 21 Saritow Spinning Mills Limited(SSML)	9.40 ▼ -0.53 (-5.34%)

Stock	Volume
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.10
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	57,800,421 ▲ 0.33
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	56,891,848 ▼ -0.02
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	38,375,069 ▲ 1.83
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	30,395,842 ▲ 0.26
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.18
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -1.04
Hub Power Co. / Jan 21 The Hub Power Company Limited(HUBC)	21,405,956 ▼ -2.77
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	19,827,701 ▲ 2.70

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