News Archives for Print - 2024-06-16

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Print - 2024-06-16

Terrorism case: ATC extends interim bail of PTI lawyers

ISLAMABAD: The Anti-Terrorism Court (ATC) on Saturday extended the interim bail of Pakistan Tehreek-e-Insaf (PTI)...

Published 16 Jun, 2024 02:40am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 21.488 ...

Published 16 Jun, 2024 02:40am

Energy

Oil prices dip

NEW YORK: Oil futures prices settled slightly lower on Friday after a survey showed deteriorating US consumer...

Published 16 Jun, 2024 02:40am

Commodities

Mixed patterns on Malaysian palm oil market

SINGAPORE: Malaysian palm oil futures traded sideways on Friday, ahead of a long weekend, as investors mulled over...

Published 16 Jun, 2024 02:40am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (June 15, 2024)...

Published 16 Jun, 2024 02:40am

Energy

US natgas prices lower

NEW YORK: US natural gas futures fell about 3% to a one-week low on Friday on forecasts for less demand this week ...

Published 16 Jun, 2024 02:40am

Prices of essential kitchen items decline: BR survey

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

Published 16 Jun, 2024 02:40am

KTBA assails FY25 federal budget

KARACHI: The federal budget 2024-25 came under heavy criticism at a seminar hosted by the Karachi Tax Bar ...

Published 16 Jun, 2024 02:40am

TAGSM of China likely to make investment

LAHORE: In a significant development for Pakistan’s footwear industry, the Association of Guangdong Shoes...

Published 16 Jun, 2024 02:40am

Mayor vows support to PFL’s programmes

KARACHI: Mayor Karachi Barrister Murtaza Wahab chaired a meeting at his office with Pakistan Football League (PFL)...

Published 16 Jun, 2024 02:40am

Cellular teledensity has decreased: PTA data reveals

ISLAMABAD: Cellular teledensity - the number of connections for every 100 individuals in the country, decreased from...

Published 16 Jun, 2024 02:40am

ATC grants pre-arrest bail to PTI leaders

ISLAMABAD: The Anti-Terrorism Court (ATC) on Saturday granted pre-arrest bail to Pakistan Tehreek-e-Insaf (PTI)...

Published 16 Jun, 2024 02:40am

Capital city witnesses increase in crime rate

ISLAMABAD: The capital city witnessed an increased in crime as police registered 18 cases of various types of theft...

Published 16 Jun, 2024 02:40am

Cotton & Textile

Cotton market: Volume of business will improve after Eid holidays

LAHORE: The local cotton market on Saturday remained steady and the trading volume remained low. According to Cotton...

Published 16 Jun, 2024 02:40am

SECP takes cognizance of ‘dubious’ car scheme

ISLAMABAD: The Securities & Exchange Commission of Pakistan (SECP) has taken cognizance of an unincorporated...

Published 16 Jun, 2024 02:40am

Evidence sans cross-examination not warranted by law: LHC

LAHORE: The Lahore High Court has held that it is not warranted by law to admit the documents in evidence exhibited...

Published 16 Jun, 2024 02:40am

Cameras to be installed in all Punjab jails

LAHORE: The Punjab Home Department has decided to install the latest cameras for complete monitoring of all 43 jails...

Published 16 Jun, 2024 02:40am

Taxes

Fata, Pata: PALSP hails reduction in tax exemptions thru FY25 budget

ISLAMABAD: The measures taken by the government in budget 2024-25, especially gradual reduction in tax exemptions...

Published 16 Jun, 2024 02:40am

Taxes

LCCI President underscores need for expanding tax base

LAHORE: President of the Lahore Chamber of Commerce and Industry stated that laws should be made for those who are...

Published 16 Jun, 2024 02:40am

Air Ambulance Service: meeting held

LAHORE: Provincial Health Ministers Khawaja Salman Rafique and Khawaja Imran Nazir chaired an important meeting in...

Published 16 Jun, 2024 02:40am

Bar councils’ apex body meets CM: Lawyers’ welfare grant increased to Rs1bn

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif during a meeting with a delegation of apex Bodies of Bar Councils...

Published 16 Jun, 2024 02:40am

PWD: Pirzada chairs meeting on transition plan

ISLAMABAD: Upon directives of Prime Minister of Pakistan, Mian Riaz Hussain Pirzada, Federal Minister for Housing ...

Published 16 Jun, 2024 02:40am

Conservation project initiated for Bahi Karam Singh Gurudwara

LAHORE: The Walled City Lahore Authority (WCLA) in partnership with the Evacuee Trust Property Board (ETPB) has...

Published 16 Jun, 2024 02:40am

Alkhidmat Foundation chief to celebrate Eid with Gaza refugees

Dr. Rehman’s visit underscores the Alkhidmat Foundation’s steadfast commitment to supporting and standing in solidarity with oppressed communities worldwide

Updated 16 Jun, 2024 12:13pm

Navigating economic diplomacy-II

Some scholars argue that investment treaties were signed by developing countries not because they expected any...

Published 16 Jun, 2024 02:40am

One of two Japanese climbers missing in Pakistan found dead

SKARDU: One of two Japanese climbers was found dead and his body recovered from a mountain in northern Pakistan on...

Updated 16 Jun, 2024 09:38am

The Weather

KARACHI: The weather report on Saturday (June 15, 2024) and the forecast for Sunday (June 16, 2024)....

Published 16 Jun, 2024 02:40am

Commodities

Japanese rubber futures decline

SINGAPORE: Japanese rubber futures slipped on Friday to their sharpest weekly fall since mid-March, as they tracked...

Published 16 Jun, 2024 02:40am

Commodities

Chicago corn falls

BEIJING: Chicago corn futures lost ground on Friday but were set for a second weekly climb underpinned by concerns...

Published 16 Jun, 2024 02:40am

Commodities

Copper drops on dollar, inventories

LONDON: Copper prices slipped and nickel touched its lowest in more than two months on Friday, pressured by a firm...

Published 16 Jun, 2024 02:40am

Commodities

Gold up on US rate-cut hopes

BENGALURU: Gold prices rose over 1% on Friday and were on track for their first weekly gain in four, as signs of...

Published 16 Jun, 2024 02:40am

Commodities

French wheat crop conditions steady, maize sowing nears end

PARIS: Crop condition ratings for French soft wheat were steady last week while farmers neared the end of maize...

Published 16 Jun, 2024 02:40am

Commodities

Chicago corn falls

BEIJING: Chicago corn futures lost ground on Friday but were set for a second weekly climb underpinned by concerns...

Published 16 Jun, 2024 02:40am

Commodities

Iron ore futures gain

SINGAPORE: Iron ore futures rose for a second straight session on Friday, supported by higher-than-expected hot ...

Published 16 Jun, 2024 02:40am

Commodities

Gold prices fall, silver’s steady

KARACHI: Gold prices on Saturday inched down on the local market but silver was steady, traders said. At the...

Published 16 Jun, 2024 02:40am

PALSP greets govt steps to revive steel industry

ISLAMABAD: The measures taken by the government in budget 2024-25 especially gradual reduction in tax exemptions...

Published 16 Jun, 2024 02:40am

Taxes

Finance Bill 2024: FBR sets up two ‘anomaly committees’

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted two anomaly committees in order to identify and remove...

Published 16 Jun, 2024 02:40am

Industry

Iranian ambassador holds talks with KP businesspeople

PESHAWAR: Ambassador of Iran to Pakistan, Dr. Reza Amiri Moghadam and Businessmen and stakeholders discussed...

Published 16 Jun, 2024 02:40am

Stopping Israel

EDITORIAL: So, Israel continues to hit civilian targets in central Gaza – like schools and residential areas with...

Published 16 Jun, 2024 02:40am

Chaman under focus

EDITORIAL: Luckily, the situation in the Chaman border town has returned to normal. Hundreds of people had been...

Published 16 Jun, 2024 02:40am

Budget has disappointed people, business community: Mian Zahid

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ...

Published 16 Jun, 2024 02:40am

Industry

KCCI seeks PM’s intervention on increase of Fixed Charge in electricity bills by 300pc

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has asked the Prime...

Updated 21 Jun, 2024 10:41pm

Pak-Tajik SPA likely during PM’s visit

ISLAMABAD: Pakistan and Tajikistan are likely to sign a Strategic Partnership Agreement (SPA) during the visit of...

Updated 16 Jun, 2024 09:37am

SRB extends last date for e-filing of tax returns

KARACHI: Sindh Revenue Board (SRB) has extended the last date for e-filing of Sindh Sales Tax returns for May till...

Updated 16 Jun, 2024 09:34am

Senate panel endorses phase-wise ST on local infant nutrition, milks

ISLAMABAD: Senate Standing Committee on Finance Saturday fully endorsed the proposal of the dairy industry to impose...

Updated 16 Jun, 2024 09:35am

WB approves $150m for Punjab education project

ISLAMABAD: The World Bank’s Board of Executive Directors has approved $150 million for a project to increase the...

Updated 16 Jun, 2024 09:32am

Sindh CM demands a new NFC award

KARACHI: Sindh Chief Minister Syed Murad Ali Shah called has called for new National Finance Commission (NFC) award,...

Updated 16 Jun, 2024 09:31am

FCA for May: Rs3.41/unit +ve adjustment sought

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought positive adjustment of Rs 3.41 per...

Updated 16 Jun, 2024 09:29am

PM unveils his approach to economic austerity

Premier says the next IMF programme will be the last of Pakistan provided the reforms are strictly implemented

Updated 16 Jun, 2024 12:13pm

Senate panel puts off major budgetary proposal

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 10	280.65
USD PKR Interbank Buying / Apr 10	280.45
USD to Japanese Yen / Apr 10	146.33
USD to Swiss Franc / Apr 10	0.85
Pound Sterling to USD / Apr 10	1.29
Euro to USD / Apr 10	1.10
UK LIBOR % / Apr 8	4.96

Stock	Volume
S&P 500 / Apr 9	5,456.90
India Sensex / Apr 9	73,847.15
Nasdaq / Apr 9	17,124.97
Dow Jones / Apr 9	40,608.45
Tokyo Nikkei / Apr 10	34,609
Hang Seng / Apr 10	20,681.78
FTSE 100 / Apr 10	7,991.30
Germany DAX 30 / Apr 10	20,795.81
France CAC40 / Apr 10	7,230.41

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 9	17,085
Gold 10 Grams PKR / Apr 9	275,205
Cotton US¢/pound / Apr 9	66.63
Crude Oil USD/Barrel / Apr 10	60.72
Gold Spot USD/Ounce / Apr 10	3,105.88
Petrol/Litre / Apr 11	254.63
Diesel/Litre / Apr 11	258.64

Gainers
Losers
Leaders

Stock	Price
Tri-Star Mutual / Apr 10 Tri-Star Mutual Fund Limited(TSMF)	8.10 ▲ 1 (14.08%)
Burj Clean Energy Modaraba / Apr 10 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9 ▲ 1 (12.5%)
Pak Agro Pack. (GEM) / Apr 10 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.85 ▲ 0.79 (11.19%)
Nazir Cotton Mills / Apr 10 Nazir Cotton Mills Limited(NCML)	11.84 ▲ 1.08 (10.04%)
Pak Gulf Leasing / Apr 10 Pak-Gulf Leasing Company Limited(PGLC)	17.79 ▲ 1.62 (10.02%)
Frontier Ceram / Apr 10 Frontier Ceramics Limited(FRCL)	24.59 ▲ 2.24 (10.02%)
Tandlianwala Sugar / Apr 10 Tandlianwala Sugar Mills Limited(TSML)	73.99 ▲ 6.73 (10.01%)
Sanghar Sugar / Apr 10 Sanghar Sugar Mills Limited(SANSM)	53.19 ▲ 4.84 (10.01%)
Sui South Gas / Apr 10 Sui Southern Gas Company Limited(SSGC)	39.13 ▲ 3.56 (10.01%)
Air Link Com. / Apr 10 Air Link Communication Limited(AIRLINK)	173.15 ▲ 15.74 (10%)

Stock	Price
JS Mom. Factor ETF / Apr 10 JS Momentum Factor ETF(JSMFETF)	11.69 ▼ -1.58 (-11.91%)
Premier Sugar / Apr 10 The Premier Sugar Mills(PMRS)	324 ▼ -36 (-10%)
Fateh Ind. / Apr 10 Fateh Industries Limited(FIL)	121.01 ▼ -11.82 (-8.9%)
Pak. P.V.C. / Apr 10 Pakistan PVC Limited(PPVC)	8.26 ▼ -0.74 (-8.22%)
Sardar Chemical / Apr 10 Sardar Chemical Industries Limited(SARC)	32.25 ▼ -2.41 (-6.95%)
Tri-Star Power / Apr 10 Tri-Star Power Limited(TSPL)	6.62 ▼ -0.42 (-5.97%)
Elahi Cot. / Apr 10 Elahi Cotton Mills Limited(ELCM)	128.80 ▼ -7.6 (-5.57%)
Gulshan Sp. / Apr 10 Gulshan Spinning Mills Limited(GSPM)	3.11 ▼ -0.18 (-5.47%)
Pak Gen.Ins. / Apr 10 The Pakistan General Insurance Co. Ltd.(PKGI)	9 ▼ -0.48 (-5.06%)
United Brands / Apr 10 United Brands Limited(UBDL)	22.09 ▼ -1.14 (-4.91%)

Stock	Volume
Cnergyico PK / Apr 10 Cnergyico PK Limited(CNERGY)	86,201,675 ▲ 0.18
K-Electric Ltd. / Apr 10 K-Electric Limited(KEL)	57,719,498 ▲ 0.34
Sui South Gas / Apr 10 Sui Southern Gas Company Limited(SSGC)	44,728,211 ▲ 3.56
Pak Int.Bulk / Apr 10 Pakistan International Bulk Terminal(PIBTL)	37,513,715 ▲ 0.76
Maple Leaf Cement / Apr 10 Maple Leaf Cement Factory Limited(MLCF)	20,991,880 ▲ 0.92
PIA Holding Co.Ltd / Apr 10 PIA Holding Company Limited(PIAHCLA)	20,463,930 ▼ -0.11
Pak Elektron / Apr 10 Pak Elektron Limited(PAEL)	20,122,690 ▲ 4.08
Fauji Cement / Apr 10 Fauji Cement Company Limited(FCCL)	19,229,506 ▲ 0.12
At-Tahur Ltd. / Apr 10 At-Tahur Limited(PREMA)	19,056,551 ▲ 3.8
WorldCall Telecom / Apr 10 Worldcall Telecom Limited(WTL)	16,620,477 ▲ 0.03

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