News Archives for Print - 2024-08-12

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Print - 2024-08-12

Middle East

Iran’s president picks a pragmatic as top diplomat in proposed cabinet

DUBAI: Iran’s new president presented his cabinet to parliament on Sunday for a vote of confidence, state media...

Published 12 Aug, 2024 08:19am

Africa

Rwanda’s Kagame sworn in for fourth term

KIGALI: Rwanda’s all-powerful President Paul Kagame was sworn in on Sunday for a fourth term after sweeping to...

Published 12 Aug, 2024 08:16am

The Weather

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

Published 12 Aug, 2024 08:12am

Stocks

Most Gulf markets gain on positive data

DUBAI: Stock markets in the Middle East ended higher on Sunday, boosted by positive economic data the previous week...

Published 12 Aug, 2024 06:36am

Leishmaniosis: KP scientists discover indigenous drug for treatment

PESHAWAR: A duo scientists in medicine have succeeded to prepare an indigenous drug for treatment of Cutaneous...

Published 12 Aug, 2024 06:36am

River Chenab may experience medium flood: FFC

ISLAMABAD: The Federal Flood Commission (FFC) has said that medium flood is expected in River Chenab and medium to...

Published 12 Aug, 2024 06:36am

Date Palm Festival begins: ‘Modern strategies are required to overcome challenges in production’

HYDERABAD: Modern strategies required to overcome challenges in date production, experts said at Date Palm Festival...

Published 12 Aug, 2024 06:36am

Naya Nazimabad Jashan Azadi Sports Festival begins

KARACHI: To celebrate Pakistan’s 77th Independence Day in a grand manner, a sports festival has been started in...

Published 12 Aug, 2024 06:36am

KKKU holds conference on physics and chemistry

PESHAWAR: A two-day National Conference titled ‘Exploration of Physics and Chemistry for uplifting of local...

Published 12 Aug, 2024 06:36am

Top tourist destinations: Call for promotion of recreational fisheries

PESHAWAR: Experts and stakeholders of the fisheries and aquaculture sector have stressed the need for the promotion...

Published 12 Aug, 2024 06:36am

Minorities’ Day marked: President, PM hail the role of minorities in national development

ISLAMABAD: President Asif Ali Zardari and Prime Minister Shehbaz Sharif have hailed the services of minorities in...

Updated 12 Aug, 2024 07:42am

PHA to celebrate Independence Day with fireworks, illuminations

LAHORE: Parks and Horticulture Authority (PHA) will set the sky alight with fireworks and illuminations at...

Published 12 Aug, 2024 06:36am

Rights of minorities: Tarar vows to raise his voice at every forum

LAHORE: Federal Minister for Information and Broadcasting Atta Ullah Tarar here on Sunday vowed to raise his voice ...

Updated 12 Aug, 2024 07:40am

Free of charge online visa for Turkish nationals

ISLAMABAD: Pakistan will start offering free of cost online visa to Turkish nationals from Wednesday. This was...

Updated 12 Aug, 2024 08:41am

‘Govt should ensure proper garbage collection’

KARACHI: Despite spending billions of rupees every year, the solid waste disposal is still a nightmare for Karachi...

Published 12 Aug, 2024 06:36am

China supports Iran in defending security

BEIJING: China supports Iran in defending its “sovereignty, security and national dignity”, Chinese foreign...

Published 12 Aug, 2024 06:36am

BD cricket team due today

LAHORE: The Bangladesh men’s cricket team is arriving here on August 13, to have training at the Gaddafi Stadium...

Published 12 Aug, 2024 06:36am

Sehgal draws admiration, wins accolades

ISLAMABAD: Named “Terms of Frustration”, “Dreams and the Reality”, and “The Kakar Model” in Ikram...

Updated 12 Aug, 2024 08:49am

PDMA Punjab issues alert

LAHORE: In view of the rain in various districts of Punjab including Lahore, PDMA Punjab has issued an alert. In ...

Published 12 Aug, 2024 06:36am

CM felicitates Fatima on success in 9th exams

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif congratulated Fatima Saeed a talented female student belonging to...

Published 12 Aug, 2024 06:36am

Ban imposed on ‘baajas’ in Islamabad

ISLAMABAD: Despite the ban on the sale of ban on the sale of baajas (horns) in Islamabad, the stalls selling...

Published 12 Aug, 2024 06:36am

Maryam’s vision for minority prosperity: From margins to mainstream

LAHORE: Throughout its history, Pakistan has made significant strides in uplifting religious minorities, striving to...

Published 12 Aug, 2024 06:36am

Closing ceremony of 28th Chief of the Naval Staff Open Golf Championship held

KARACHI: Ahmed Baig of Royal Palm Golf Club finally clinched the title of 28th CNS Open Golf Championship 2024 while...

Published 12 Aug, 2024 06:36am

Jubilation all around as Arshad reaches Mian Channu

MIAN CHANNU: Arshad Nadeem, a javelin thrower, who made the nation proud by becoming the first Pakistani to have won...

Published 12 Aug, 2024 06:36am

Partly Facetious: Arshad Nadeem has done this country proud

“The nation heard of one joyous event after….after years.” “Notification Maryam Nawaz’s chief of army staff uniform...

Updated 12 Aug, 2024 07:16am

Azma Bokhari steps up criticism of KP govt

LAHORE: Information Minister Punjab Azma Bokhari has said that those whose hospitals, universities, and colleges are...

Published 12 Aug, 2024 06:36am

Lieutenant Uzair succumbed to injuries

ISLAMABAD: Pakistan Army’s Lieutenant Uzair Mehmood Malik succumbed to his injuries and embraced martyrdom at a...

Published 12 Aug, 2024 06:36am

JI says will launch nationwide protest if govt fails to honour agreement

LAHORE: Jamaat-e-Islami has issued a stern warning that if the government does not adhere to the agreement made with...

Published 12 Aug, 2024 06:36am

Adhering to the constitution only path forward for Pakistan: Khaqan

KARACHI: Former prime minister Shahid Khaqan Abbasi, who along with former finance chief Miftah Ismail has recently...

Updated 12 Aug, 2024 11:01am

Payments to BISP beneficiaries now through banks: Rubina

PESHAWAR: Chairperson Benazir Income Support Program (BISP) Senator Rubina Khalid has said that BISP has introduced ...

Published 12 Aug, 2024 06:36am

Rates

Marginal decline

KARACHI: The rupee closed another week with a marginal decline as it lost Re0.05 or 0.02% against the US dollar. The...

Published 12 Aug, 2024 06:36am

FoodAges secures $1.2bn deals

KARACHI: The 2nd International Food and Agriculture Exhibition “FoodAg-2024”, organised by Trade Development...

Updated 12 Aug, 2024 03:04pm

Rates

Futures spread up 292bps

Trading...

Published 12 Aug, 2024 06:36am

Rates

PSX closes on positive note

KARACHI: Pakistan Stock Exchange remained under pressure during the early part of the week due to selling however...

Published 12 Aug, 2024 06:36am

PM reaffirms commitment to safeguarding rights of minorities

LAHORE: On the National Minorities Day, Prime Minister Shehbaz Sharif has reaffirmed the government’s commitment to...

Updated 12 Aug, 2024 08:43am

‘Adventure in the nature of trade’: Burden of proof for taxing lies with FBR: ATIR

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) has ruled that the burden of proof lies with the Federal Board...

Updated 12 Aug, 2024 09:21am

Kohala HPP: FC date will be extended

ISLAMABAD: The government is all set to extend Financial Close (FC) date of 1124-MW Kohala Hydropower Project under...

Updated 12 Aug, 2024 03:05pm

Govt to alter gas supply priority order

Captive industry to be treated at par with CNG sector

Updated 12 Aug, 2024 03:04pm

Stocks

Sri Lankan shares inch up as utilities stocks rise

BENGALURU: Sri Lankan shares settled higher on Friday, fueled by gains in utilities stocks. The CSE All-Share index...

Published 12 Aug, 2024 06:36am

Stocks

Australian stocks posts worst week since mid-April

SYDNEY: Australian shares rose on Friday, as miners and banks led a broad-based rally, but that was not enough to...

Published 12 Aug, 2024 06:36am

Rates

Automart: car prices in Karachi

Rates in the week ended Sunday August 11, 2024

Published 12 Aug, 2024 06:36am

Business is not the government’s business

According to a World Bank assessment, Pakistan’s state-owned enterprises (SOEs) exhibit the lowest profitability...

Published 12 Aug, 2024 06:36am

Traders reject advance income tax collection

PESHAWAR: Traders community rejected advance income tax collection and termed it anti-businesses. Traders said they...

Updated 12 Aug, 2024 09:25am

Cost-of-living crisis lingers on despite declines in inflation

High prices of essential goods and services have become a pressing issue for the poor and vulnerable in Asia and the...

Published 12 Aug, 2024 06:36am

Commodities

Prices of kitchen items remain high

PESHAWAR: Prices of important kitchen items like live chicken/meat, vegetables, cooking oil/ghee, flour, pulses and...

Published 12 Aug, 2024 06:36am

Letters

‘Israel and allies are after bigger trophies…’

The following is apropos two back-to-back letters titled “Israel and allies are after bigger trophies” carried ...

Published 12 Aug, 2024 06:36am

Shifting to Thar coal

EDITORIAL: How on earth is Pakistan going to convince Chinese power plants – in Sahiwal, Port Qasim and Hub, with ...

Published 12 Aug, 2024 06:36am

Senate panel’s skepticism

EDITORIAL: The Senate Functional Committee on Devolution presided over by Dr Zarqa Suharwardy Taimur expressed...

Updated 12 Aug, 2024 07:23am

Task force on IPPs: another wild goose chase?

The formation of the Energy Task Force on Independent Power Producers (IPPs) appears to be a distraction from the...

Published 12 Aug, 2024 06:36am

Inflation decline and no feel-good factor

The July inflation data was released by the Pakistan Bureau of Statistics (PBS) on the 1 of August, showing a ...

Published 12 Aug, 2024 06:36am

Cotton & Textile

Weekly Cotton Review: Cautious buying brings spot rate down

KARACHI: The cotton market is experiencing a downturn due to the recent rains. The spot rate is decreased by Rs 200...

Published 12 Aug, 2024 06:36am

Pakistan Footwear Material, Machinery Show-2024 held: 20 companies, exporters showcasing their products

LAHORE: The 9th Pakistan Footwear Material and Machinery Show was officially inaugurated on Sunday at a local hotel...

Published 12 Aug, 2024 06:36am

Increasing Pakistan’s exports: ‘allow increase in forex retention’

KARACHI: Former Chairman of the Pakistan Pharmaceutical Manufacturers’ Association (PPMA) Tauqeer Ul Haq said...

Updated 12 Aug, 2024 10:32am

Pakistani, Chinese cos to launch new electric motorcycle with swappable batteries

ISLAMABAD: In a significant development towards sustainable transportation, Pakistani and Chinese enterprises have...

Published 12 Aug, 2024 06:36am

‘Cos should market their brands to other countries in good manner’

LAHORE: Federal Minister for Board of Investment, Privatization and Communications Abdul Aleem Khan said that the...

Updated 12 Aug, 2024 08:46am

Stocks

Wall Street Week Ahead: Rollercoaster week in US stocks leaves investors braced for bumps ahead

NEW YORK: A week of wild market swings has investors looking ahead to inflation data, corporate earnings and...

Published 12 Aug, 2024 06:36am

Stocks

Indian shares trim weekly losses as US data allays slowdown fears

BENGALURU: Indian shares ended higher on Friday, narrowing their weekly losses sparked by a brutal sell-off earlier...

Published 12 Aug, 2024 06:36am

Tarbela Dam reaches maximum capacity level

LAHORE: The water level at the major reservoir Tarbela Dam is fast approaching the maximum conservation level due to...

Published 12 Aug, 2024 06:36am

Khalid Maqbool meets Zardari, discusses political situation

ISLAMABAD: Muttahida Qaumi Movement Pakistan (MQM-P) head Khalid Maqbool Siddiqui called on President Asif Ali...

Published 12 Aug, 2024 06:36am

FIA arrests six passengers with fake European visas

LAHORE: The Federal Investigation Agency (FIA) Immigration Unit conducted a successful operation at Islamabad...

Published 12 Aug, 2024 06:36am

Minority communities: Armed forces extend warm felicitations

ISLAMABAD: The Armed Forces of Pakistan, the Chairman Joint Chiefs of Staff Committee, and the Services Chiefs ...

Published 12 Aug, 2024 06:36am

15 new schemes prepared by WASA Faisalabad under ADP: FDA

FAISALABAD: Director General FDA Mohammad Asif Chaudhry has said that 15 new schemes have been prepared by WASA...

Published 12 Aug, 2024 06:36am

Minorities Day: Punjab Assembly holds special session

LAHORE: In order to celebrate ‘National Minorities Day’, the Punjab Assembly made history by convening a special...

Published 12 Aug, 2024 06:36am

Pakistan condemns Israeli attack on Gaza’s school

ISLAMABAD: Pakistan condemned in the strongest possible terms the Israeli attack on Al-Tabeen School in eastern Gaza...

Published 12 Aug, 2024 06:36am

PAD launches crackdown against fake, adulterated pesticides

LAHORE: Punjab Agriculture and Livestock launched aggressive crackdown against fake and adulterated pesticides is...

Published 12 Aug, 2024 06:36am

BMP underscores need for taking steps to achieve export target

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel has stressed the need for...

Updated 12 Aug, 2024 09:19am

MENA

Running Kibsons International: Pakistan-origin Halima Jumani has become a prominent member of Dubai’s business community

Dubai: Halima Jumani, the CEO of Kibsons International, has over 25 years of experience with the company that has...

Published 12 Aug, 2024 06:36am

Money & Banking

Rouble weakens amid stronger demand for foreign currency

MOSCOW: The Russian rouble weakened against the dollar on Friday as demand for foreign currency edged up, with some...

Published 12 Aug, 2024 06:36am

Money & Banking

Sterling on track for 4-week of decline versus dollar

LONDON: The British pound steadied against the dollar on Friday but was set for its fourth consecutive week of...

Published 12 Aug, 2024 06:36am

Money & Banking

China’s yuan ticks up after CPI rise

SHANGHAI: China’s yuan advanced slightly against the US dollar on Friday, after data showed the country’s...

Published 12 Aug, 2024 06:36am

Money & Banking

Indian rupee ends little changed

MUMBAI: The Indian rupee logged its sixth straight weekly fall but ended little changed on Friday, as corporate...

Published 12 Aug, 2024 06:36am

Trump campaign says hit by hackers

WASHINGTON: Donald Trump’s campaign said Saturday it had been hacked, blaming “foreign sources” for...

Updated 12 Aug, 2024 08:25am

China’s exports growth slows to 3-month low in July

BEIJING: China’s exports grew at their slowest pace in three months in July, missing expectations and adding to...

Updated 12 Aug, 2024 08:07am

South Asia

Son of Hasina warns of ‘chaos’ without swift polls

NEW DELHI: The son of Bangladesh’s toppled autocratic leader thanked New Delhi on Sunday for “saving her ...

Updated 12 Aug, 2024 08:14am

India regulator rejects bias in Adani probe

South Asia

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	143.21
USD to Swiss Franc / Apr 10	0.82
Pound Sterling to USD / Apr 10	1.30
Euro to USD / Apr 10	1.14
UK LIBOR % / Apr 10	4.96

Stock	Volume
S&P 500 / Apr 10	5,268.05
India Sensex / Apr 10	74,762.84
Tokyo Nikkei / Apr 10	33,210.17
Nasdaq / Apr 10	16,387.31
Hang Seng / Apr 10	20,628.55
FTSE 100 / Apr 10	7,913.25
Dow Jones / Apr 10	39,593.66
Germany DAX 30 / Apr 10	20,562.73
France CAC40 / Apr 10	7,126.02

Item	Value
Crude Oil USD/Barrel / Apr 10	59.80
Karachi Cotton PKR/37.32 KG / Apr 10	16,785
Gold 10 Grams PKR / Apr 10	281,893
Gold Spot USD/Ounce / Apr 10	3,217.96
Cotton US¢/pound / Apr 10	67.17
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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