News Archives for Print - 2024-07-03

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Print - 2024-07-03

Maryam, Aleem Khan: ET seek polling record of constituencies till 25th

LAHORE: An election tribunal comprising a judge of the Lahore High Court on Tuesday allowed time to the Election...

Published 03 Jul, 2024 07:35am

Cybersecurity threat: Citizens strongly advised not to use public Wi-Fi networks

ISLAMABAD: A leading cybersecurity company Tuesday strongly advised Pakistani citizens that the public Wi-Fi ...

Published 03 Jul, 2024 07:35am

BISP chairperson for introduction of new payment model

LAHORE: Chairperson Benazir Income Support Programme (BISP), Senator Rubina Khalid, visited the BISP’s payment ...

Published 03 Jul, 2024 07:35am

Funding and tax rebate issue: ASA EC takes stock of situation

LAHORE: A meeting of the Executive Council of the Academic Staff Association (ASA) held on Tuesday in the committee...

Published 03 Jul, 2024 07:35am

Appointment of ATIR members: IHC issues notices to concerned on plea challenging advertisement

ISLAMABAD: The Islamabad High Court (IHC) has issued notices to Secretary Ministry of Law and Justice, Chairman...

Published 03 Jul, 2024 07:35am

Independence of United States of America: US Embassy hosts festive reception

ISLAMABAD: The US Embassy in Islamabad hosted a festive reception to celebrate the 248th anniversary of the...

Published 03 Jul, 2024 07:35am

Women empowerment: OGDCL collaborates with NCSW

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has partnered with the National Commission on the Status...

Published 03 Jul, 2024 07:35am

VIS upgrades entity ratings of Sindh Bank

KARACHI: VIS Credit Rating Company Limited (VIS) has upgraded Sindh Bank Limited’s (SNDB) entity ratings to...

Published 03 Jul, 2024 07:35am

Malicious campaign against Justice Babar Sattar: IHC directs FIA to contact US Embassy to get details of X accounts

ISLAMABAD: A larger bench of the Islamabad High Court (IHC), on Tuesday, directed the Federal Investigation Agency...

Published 03 Jul, 2024 07:35am

APNS condoles death

KARACHI: The APNS expresses its profound grief on the sad demise of Kazi Afzal Abid elder brother of Kazi Asad Abid...

Published 03 Jul, 2024 07:35am

SED to launch online coordination with institutions in New York

KARACHI: In a significant development, the Sindh Education Department has decided to launch an online coordination...

Published 03 Jul, 2024 07:35am

CM Maryam vows to combat inflation thru PERA

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has directed the authorities concerned to complete all legal...

Published 03 Jul, 2024 07:35am

PFA launches 12 public interest programmes in 6 months

LAHORE: The Punjab Food Authority (PFA) launched 12 public interest programmes during the last six months to create...

Published 03 Jul, 2024 07:35am

12 cricketers get NoC from PCB to play abroad

LAHORE: The Pakistan Cricket Board (PCB) has issued no-objection certificates (NOCs) to as many as 12cricketers for...

Published 03 Jul, 2024 07:35am

Punjab govt forms body to combat illegal mining

LAHORE: To combat illegal placer gold mining from River Indus in District Attock, the Punjab government has...

Published 03 Jul, 2024 07:35am

PCBDDA completes fastest land transfer worth Rs6.9bn

LAHORE: The Punjab Central Business District Development Authority (PCBDDA) successfully completed the fastest land...

Published 03 Jul, 2024 07:35am

JI Karachi to protest against power outages, ‘unjust’ budget

KARACHI: Jamaat-e-Islami’s Karachi chapter on Tuesday announced to hold protest demonstrations in the city against...

Published 03 Jul, 2024 07:35am

‘Karachi sister city of NY’: Sindh Assembly to adopt resolution: CM

KARACHI: Sindh Chief Minister Syed Murad Ali Shah in his meeting with the Deputy Speaker of the New York State...

Published 03 Jul, 2024 07:35am

ECP asks political parties to submit wealth statement

ISLAMABAD: A day after the beginning of new financial year, the electoral entity, Tuesday, reminded the political...

Published 03 Jul, 2024 07:35am

Monsoon season: Senate body seeks briefing from NDMA

ISLAMABAD: The Senate standing committee on climate change on Saturday directed the National Disaster Management...

Published 03 Jul, 2024 07:35am

ATC issues non-bailable arrest warrants for Gandapur

ISLAMABAD: An Anti-Terrorism Court (ATC), on Tuesday, issued non-bailable arrest warrants for Khyber Pakhtunkhwa...

Published 03 Jul, 2024 07:35am

Maneka made false statement before court in Iddat case, says counsel for IK

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan’s counsel Salman Akram Raja in the Iddat...

Published 03 Jul, 2024 07:35am

Bilour meets President

ISLAMABAD: Former federal minister and senior leader of Awami National Party (ANP) Ghulam Ahmed Bilour called on...

Published 03 Jul, 2024 07:35am

Azerbaijan president likely to visit Pakistan this month

ISLAMABAD: Azerbaijan President Ilham Aliyev is likely to visit Pakistan from July 11 to 12, 2024 during which a...

Published 03 Jul, 2024 07:35am

The Weather

KARACHI: The weather report on Tuesday (July 02, 2024) and the forecast for Wednesday (July 03, 2024)...

Published 03 Jul, 2024 07:35am

Stocks

Tesla, megacaps drive S&P 500, Nasdaq up

NEW YORK: The Nasdaq and the S&P 500 edged up on Tuesday, boosted by gains in Tesla and megacap stocks, while ...

Published 03 Jul, 2024 07:35am

Stocks

European stocks slide as French election, rate nerves persist

PARIS: European stocks fell to two-week lows on Tuesday as the relief rally in French shares following the first...

Published 03 Jul, 2024 07:35am

Stocks

China stocks close lower as investors weigh recovery

SHANGHAI: China stocks closed down while Hong Kong shares rose on Tuesday, as investors weighed domestic recovery ...

Published 03 Jul, 2024 07:35am

Stocks

Indian shares close flat as auto, financials offset IT gains

BENGALURU: Indian shares settled flat on Tuesday, erasing early gains as a drop in financials and auto stocks offset...

Published 03 Jul, 2024 07:35am

Consumer end tariff design and National Electricity Plan 2023

Utilities consider investments in generation, transmission, and distribution infrastructure as fixed costs because...

Updated 03 Jul, 2024 07:57am

The FDI mantra & existing investors

Net FDI (foreign direct investment) inflow numbers are clear indicators of a stable environment for investors. High...

Published 03 Jul, 2024 07:35am

Rawalakot jailbreak

EDITORIAL: A major concern about what happened at a Rawalakot jail in Azad Jammu and Kashmir (AJK) is the ease with...

Published 03 Jul, 2024 07:35am

Ineffective local govts

EDITORIAL: After an inordinate delay of over two years, on one pretext or another, Punjab and Islamabad Capital...

Published 03 Jul, 2024 07:35am

Inflation and the general public

EDITORIAL: Pakistan Bureau of Statistics (PBS) has estimated the consumer price index (CPI) for June at 12.6 percent...

Published 03 Jul, 2024 07:35am

Letters

‘Punjab Defamation Act: protecting reputations, or…’

This is apropos a letter to the Editor by Jahan Ara Syed carried by the newspaper yesterday. In my view, however, ...

Published 03 Jul, 2024 07:35am

A brief historical perspective: US’ evolving relationships with Jewish people, state

This is a toughie – both sides of the current divide can take umbrage. The current Israel/GAZA war has suspended...

Updated 03 Jul, 2024 08:06am

Commodities

Gold prices firm

KARACHI: The local gold market on Tuesday remained steady as the global bullion value stood unmoved, traders said....

Published 03 Jul, 2024 07:35am

PARTLY FACETIOUS: President has immunity from paying taxes

“Immunity for the President while in office…” “Yeah, I heard the US Supreme Court ruled that President Trump cannot...

Updated 03 Jul, 2024 08:06am

Energy

Move to curb circular debt flow: Proposal seeking 10pc cut in gas sale prices rejected

ISLAMABAD: In a move to curb circular debt flow, the federal government rejected a proposed up to 10 percent ...

Published 03 Jul, 2024 07:35am

Energy

US natural gas prices ease

NEW YORK: US natural gas futures eased about 1% to a six-week low on rising output, forecasts for less demand over...

Published 03 Jul, 2024 07:35am

Commodities

Malaysian palm oil futures higher on rival oils strength

JAKARTA: Malaysian palm oil futures closed higher, extended gains to a fifth consecutive session on Tuesday,...

Published 03 Jul, 2024 07:35am

Commodities

EU wheat pares gains

PARIS: European wheat fell on Tuesday after gaining 2.5% in the previous session, following a similar correction on...

Published 03 Jul, 2024 07:35am

Commodities

Dalian iron ore hits 4-week high on China stimulus bets

BEIJING: Dalian iron ore futures climbed to a four-week high on Tuesday, supported by bets of more stimulus in top...

Published 03 Jul, 2024 07:35am

Commodities

CBOT corn, soy futures rise on short-covering

CHICAGO: Chicago corn futures extended gains on Tuesday on short-covering and US crop condition questions, while...

Published 03 Jul, 2024 07:35am

Energy

US oil pares gains

HOUSTON: US West Texas Intermediate (WTI) crude gave up most of its gains from earlier in the day as the forecast...

Published 03 Jul, 2024 07:35am

Commodities

PMEX daily trading report

KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 16.688 billion...

Published 03 Jul, 2024 07:35am

Commodities

Gold holds losses after Powell speech, focus on US jobs data

BENGALURU: Gold held onto earlier losses on Tuesday as investors digested comments from Federal Reserve Chair Jerome...

Published 03 Jul, 2024 07:35am

Commodities

Copper gains sparked by fund buying built on quicksand

LONDON: Fund buying helped copper higher on Tuesday, but worries about demand prospects in top consumer China and an...

Published 03 Jul, 2024 07:35am

Rates

Activities at Karachi Port Trust and Port Qasim

KARACHI: The Karachi Port Trust handled 114,952 tonnes of cargo comprising 70,349 tonnes of import cargo and 44,603...

Published 03 Jul, 2024 07:35am

Commodities

Japanese rubber futures rise

SINGAPORE: Japanese rubber futures rose on Tuesday, tracking firm crude oil prices. The Osaka Exchange (OSE) ...

Published 03 Jul, 2024 07:35am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (July 02, 2024)...

Published 03 Jul, 2024 07:35am

Cotton & Textile

Trading activity improved on cotton market

LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained satisfactory. Cotton...

Published 03 Jul, 2024 07:35am

Energy

High POL products’ prices: Prices of essential kitchen items rise

ISLAMABAD: The hike in prices of petroleum products has resulted in not only across-the-board increase in...

Published 03 Jul, 2024 07:35am

Rates

LME official prices

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

Published 03 Jul, 2024 07:35am

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 03 Jul, 2024 07:35am

Forex

Open market rates of foreign currencies

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

Published 03 Jul, 2024 07:35am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Tuesday (July 02, 2024). ======================== Open Bid Rs...

Published 03 Jul, 2024 07:35am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (July 02, 2024)....

Published 03 Jul, 2024 07:35am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 02, 2024)....

Published 03 Jul, 2024 07:35am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 02, 2024)...

Published 03 Jul, 2024 07:35am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (July 02, 2024). ======================================= Offset...

Published 03 Jul, 2024 07:35am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (July 02, 2024). ==================================== BR...

Published 03 Jul, 2024 07:35am

Industry

FPCCI calls for comprehensive Agricultural Policy in KP

PESHAWAR: Convener of the Agriculture Standing Committee of the Federation of Pakistan Chambers of Commerce and...

Published 03 Jul, 2024 07:35am

Agri-sector payment ecosystem: Fatima Fertilizer sign MoU with JazzCash

ISLAMABAD: Fatima Fertilizer, a leading name in Pakistan’s agriculture sector, and JazzCash, Pakistan’s largest...

Published 03 Jul, 2024 07:35am

Industry

Financial services industry: SECP proposes formulation of overarching regulatory structure

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed formulation of an overarching...

Published 03 Jul, 2024 07:35am

VIS reaffirms entity ratings of ZTBL

ISLAMABAD: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Zarai Taraqiati Bank Limited...

Published 03 Jul, 2024 07:35am

Industry

Chambers, associations: Jam asks DGTO to enhance trade advocacy role

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan has pushed the Directorate General of Trade Organizations...

Published 03 Jul, 2024 07:35am

Industry

Traders’ delegation visits HCSTSI secretariat

HYDERABAD: A delegation of traders from Anjuman Tajran Cantt Bazar Hyderabad, led by President Yasir Qureshi,...

Published 03 Jul, 2024 07:35am

Taxes

Delaying refund claims: FTO concerned at ‘repeatedly thrashing the same issue out’

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has expressed strong concerns over the repeated thrashing of...

Published 03 Jul, 2024 07:35am

Industry

LCCI urges federal govt to revisit Finance Act

LAHORE: Kashif Anwar, President of the Lahore Chamber of Commerce and Industry, expressed concerns over the Finance...

Published 03 Jul, 2024 07:35am

Money & Banking

BISP to engage six banks to improve payment process: chairperson

LAHORE: Senator Rubina Khalid, Chairperson of the Benazir Income Support Programme (BISP), said on Tuesday that the...

Published 03 Jul, 2024 07:35am

June cement despatches decline 12.58pc to 3.55m tons YoY

LAHORE: Cement despatches declined by 12.58% in the month of June 2024, as the total despatches were recorded at...

Published 03 Jul, 2024 07:35am

Money & Banking

US dollar dips in choppy trade

NEW YORK: The dollar slipped on Tuesday in choppy trading after Federal Chair Jerome Powell struck a slightly dovish...

Published 03 Jul, 2024 07:35am

Money & Banking

Yuan slumps to 7-month low

SHANGHAI: China’s yuan slumped to a fresh seven-month low against the dollar on Tuesday, as the greenback...

Published 03 Jul, 2024 07:35am

Money & Banking

Asian currencies slip on dollar strength

BENGALURU: Most Asian currencies depreciated on Tuesday, with the Philippine peso and South Korean won leading ...

Published 03 Jul, 2024 07:35am

Money & Banking

JS Bank’s rating upgraded to ‘AA’

Karachi: JS Bank has received “AA” rating from the Pakistan Credit Rating Agency (PACRA). This prestigious ...

Published 03 Jul, 2024 07:35am

Money & Banking

‘Digital Economy Enhancement Project’ WB rates overall implementation progress as ‘satisfactory’

ISLAMABAD: The World Bank has rated the overall implementation progress of “Digital Economy Enhancement Project...

Published 03 Jul, 2024 07:35am

Companies

Jazz announces strategic transformation to ‘Service Co’

KARACHI: As Jazz celebrates its 30th anniversary. The company is unveiling a significant transformation in its...

Published 03 Jul, 2024 07:20am

‘Extreme’ isolated rainfall likely

KARACHI: Urban and flash flooding are predominantly expected to sweep the country in July 2024, as the Met Office ...

Published 03 Jul, 2024 07:20am

FUUAST awards M Phil degree to journalist

KARACHI: The Graduate and Research Management Council (GRMC) of the Federal Urdu University of Arts, Science and...

Published 03 Jul, 2024 07:20am

JCP recommends name of Justice Aalia for LHC CJ

ISLAMABAD: The Judicial Commission of Pakistan (JCP), on Tuesday, unanimously, recommended Justice Aalia Neelum’s...

Published 03 Jul, 2024 07:19am

Medium to high flood in rivers Chenab and Kabul predicted

ISLAMABAD: The National Disaster Management Authority (NDMA) tech team and Flood Forecasting Division (FFD) while...

Published 03 Jul, 2024 07:17am

Emergency situation related to monsoon: PM sets up high-level committee

ISLAMABAD: Prime Minister Shehbaz Sharif has set up a high-level committee to deal with any emergency situation...

Published 03 Jul, 2024 07:16am

Pakistan congratulates US on Independence Day

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on behalf of the people ...

Published 03 Jul, 2024 07:16am

Pakistan, Belarus review entire range of bilateral ties

ISLAMABAD: Pakistan and Belarus on Tuesday reviewed the entire range of bilateral relations covering political...

Published 03 Jul, 2024 07:16am

PIA, HBFCL, others: sell-off timeline issued

Transactions expected to be finalised in the first quarter of the current fiscal year (2024-25)

Updated 03 Jul, 2024 10:25am

Sugar export: 100pc receipt of export proceeds in advance made mandatory

KARACHI: The State Bank of Pakistan (SBP) has linked the export of sugar with 100 percent receipt of export proceeds...

Updated 03 Jul, 2024 09:23am

After the end of IMF deal: Reforms agenda will be placed before nation: MoS

ISLAMABAD: The government said on Tuesday that after conclusion of an agreement with the International Monetary Fund...

Updated 03 Jul, 2024 09:21am

Islamabad Airport outsourcing: No exemption to ministry from PPRA rules

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has refused to grant special exemption to Ministry of...

Updated 03 Jul, 2024 08:33am

Minority stakes sell: PM directs Petroleum, Finance divisions to prepare plan

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Petroleum Division and Finance Division to prepare a...

Updated 03 Jul, 2024 10:26am

Rates

Energy

OMCs’ sales rise to 1.45 million tons, highest in 19 months

KARACHI: Pakistan’s Oil Marketing Companies (OMCs) recorded their highest sales in 19 months, reaching 1.45 ...

Published 03 Jul, 2024 06:46am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 5	278.60
USD PKR Interbank Buying / Jul 5	278.40
USD to Japanese Yen / Jul 5	160.75
USD to Swiss Franc / Jul 5	0.90
Pound Sterling to USD / Jul 5	1.28
Euro to USD / Jul 5	1.08

Stock	Volume
S&P 500 / Jul 5	5,567.19
India Sensex / Jul 5	79,996.60
Tokyo Nikkei / Jul 5	40,912.37
Nasdaq / Jul 5	18,352.76
Hang Seng / Jul 5	17,799.61
FTSE 100 / Jul 5	8,203.93
Dow Jones / Jul 5	39,375.87
Germany DAX 30 / Jul 5	18,475.45

Item	Value
Crude Oil USD/Barrel / Jul 5	83.69
Gold 10 Grams PKR / Jul 5	210,008.70
Gold Spot USD/Ounce / Jul 5	2,363.70
Cotton US¢/pound / Jul 5	72.36
Karachi Cotton PKR/37.32 KG / Jul 6	18,835
Petrol/Litre / Jul 8	265.61

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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