News Archives for Print - 2024-09-17

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Print - 2024-09-17

PM to leave for UK, US on 21st

ISLAMABAD: Prime Minister Shehbaz Sharif will leave on a tour to the UK and the USA on September 21. Diplomatic...

Published 17 Sep, 2024 06:33am

The Weather

KARACHI: The weather report on Monday (September 16, 2024) and the forecast for Tuesday (September 17, 2024)...

Published 17 Sep, 2024 06:33am

Vehicle registration, transfer in Sindh: Biometric verification made mandatory

KARACHI: The Sindh Excise Department has taken a significant step by making biometric verification mandatory for...

Published 17 Sep, 2024 06:33am

Cases pending before single bench of ATIR: Govt decides to increase value from Rs1m to Rs50m

ISLAMABAD: The federal government has decided to considerably increase value from Rs 1 million to Rs 50 million for...

Published 17 Sep, 2024 06:33am

Balochistan University teachers: FAPUASA concerned at non-payment of salaries

LAHORE: Federation of All Pakistan Universities Academic Staff Association (FAPUASA) expressed serious concern over...

Published 17 Sep, 2024 06:33am

Govt set to distribute 500,000 ‘Kissan Cards’ by Oct 15: minister

LAHORE: Punjab Minister for Agriculture & Livestock, Syed Ashiq Hussain Kirmani, announced on Monday that the...

Published 17 Sep, 2024 06:33am

Maryam launches ‘CM’s Children’s Heart Surgery Programme’

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif Monday officially launched ‘Chief Minister’s Children’s ...

Published 17 Sep, 2024 06:33am

Minister reviews arrangements for Eid Milad-un-Nabi occasion

FAISALABAD: Punjab Minister for Information & Culture/Incharge arrangements for Eid Milad-un-Nabi (PBUH)...

Published 17 Sep, 2024 06:33am

Khatm-e-Nabuwwat Day: Sindh PA passes resolution to designate Sep 7 as public holiday

KARACHI: The Sindh Assembly on Monday unanimously passed a resolution designating September 7 as an official public...

Published 17 Sep, 2024 06:33am

Science and technology: Planning minister highlights key steps taken by govt

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal, Monday, highlighting the key steps taken by ...

Published 17 Sep, 2024 06:33am

Trial of IK by military court: IHC again seeks clarification from federal govt

ISLAMABAD: The Islamabad High Court (IHC) again sought clarification from the federal government regarding the...

Published 17 Sep, 2024 06:33am

PTI leaders granted post-arrest bail

ISLAMABAD: The Anti-Terrorism Court (ATC), on Monday, granted bail to Pakistan Tehreek-e-Insaf (PTI) leaders in a...

Published 17 Sep, 2024 06:33am

Reserved seats: ECP dragging its heels on implementation of SC’s clarification order?

ISLAMABAD: The electoral entity has failed to take the requisite action on the implementation of the Supreme...

Published 17 Sep, 2024 06:33am

Sixth mpox case confirmed in Pakistan

ISLAMABAD: The Ministry of National Health Services and Regulations, Monday, announced confirmation of sixth mpox...

Published 17 Sep, 2024 06:33am

Suspect in Trump assassination attempt charged with gun crimes

WASHINGTON: A man suspected of attempting to assassinate Donald Trump was charged with two gun-related crimes in...

Published 17 Sep, 2024 06:33am

Climate-resilience projects: PM reaffirms desire to work with uplift partners

ISLAMABAD: Prime Minister Shehbaz Sharif has reaffirmed Pakistan’s keen desire to work with the development...

Published 17 Sep, 2024 06:33am

Columnists cut ties with Jewish newspaper over Gaza claims

LONDON: A number of prominent columnists have quit British weekly the Jewish Chronicle after it published ...

Published 17 Sep, 2024 06:33am

Clarification on reserved seats: SC deputy registrar says he didn’t receive the order on time

ISLAMABAD: Deputy Registrar Supreme Court (SC) of Pakistan made startling revelation about eight judges ...

Published 17 Sep, 2024 06:33am

Books, not bombs

The children in several countries like Pakistan, India, Saudi Arabia, Kuwait, UAE, the US, Russia, the UK, Canada,...

Published 17 Sep, 2024 06:33am

Letters

‘Harris vs Trump: Views of the Pakistani-American community’

This is apropos a letter to the Editor by this writer carried by the newspaper yesterday. In my view, the...

Updated 17 Sep, 2024 07:33am

Commodities

Gold prices touch new highs

KARACHI: The local gold prices touched new highs on Monday with the international bullion value nearing $2600 an...

Published 17 Sep, 2024 06:33am

Realistically speaking, the economy has improved

Making comments on financial issues without any expertise in the subject matter or without receiving concurrence ...

Published 17 Sep, 2024 06:33am

Ill-conceived gambit

The government has shot itself in the foot by launching an ill-conceived and hurried attempt to bring in a spate of...

Published 17 Sep, 2024 06:33am

Collusive bidding: CCP issues show-cause notices to ten steel suppliers

ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued show cause notices to ten steel structure...

Updated 17 Sep, 2024 09:44am

Power breakdown: Nepra to issue show-cause notice to co

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has decided to issue show cause notice to...

Updated 17 Sep, 2024 09:45am

Energy

BP to sell its US onshore wind business

WASHINGTON: BP plans to sell its US onshore wind energy business, it announced on Monday, saying the assets were not...

Published 17 Sep, 2024 06:33am

July LSM output down 2.08pc MoM

ISLAMABAD: The Large Scale Manufacturing (LSM) sector’s output decreased by 2.08 percent for July 2024 when compared...

Updated 17 Sep, 2024 09:14am

Exchange rate for calculating petroleum prices adjusted

ISLAMABAD: The government adjusted the exchange rate used for calculating petroleum products prices with effect from...

Updated 17 Sep, 2024 03:34pm

Energy

Govt removing all barriers to foreign investment: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has said the government is removing all obstacles in the way of foreign...

Published 17 Sep, 2024 06:33am

Eid Milad-un-Nabi today

LAHORE: All is set to celebrate Eid Milad-un-Nabi (SAWW) today with traditional religious fervor and solemnity. The...

Updated 17 Sep, 2024 07:25am

IK says amendments aimed at suppressing SC

ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman, Imran Khan, on Monday, said that the...

Updated 17 Sep, 2024 09:36am

Rates

Profit-taking trims gains

KARACHI: Pakistan Stock Exchange on Monday opened on a bullish note, however investors opted to book profit on these...

Published 17 Sep, 2024 06:33am

Stocks

Tech stocks drag on Nasdaq, S&P 500 ahead of Fed decision

NEW YORK: Technology stocks weighed on the Nasdaq and the S&P 500 on Monday as prudent investors awaited a...

Published 17 Sep, 2024 06:33am

Stocks

European shares end marginally lower on tech drag

PARIS: Europe’s STOXX 600 closed slightly lower on Monday as losses in heavyweight technology shares weighed on ...

Published 17 Sep, 2024 06:33am

Stocks

Gulf markets end mixed ahead of Fed rate decision

DUBAI: Stock markets in the Gulf ended mixed on Monday as investors await a likely cut to US interest rates this...

Published 17 Sep, 2024 06:33am

Stocks

Hong Kong stocks edge higher in thin trade

SINGAPORE: Hong Kong shares inched up in holiday-thinned trade on Monday, reversing early losses, with another batch...

Published 17 Sep, 2024 06:33am

Stocks

Metals, energy boost Indian shares to record highs

BENGALURU: Indian shares hit record highs on Monday, underpinned by rising metal stocks on a favorable US rate cut...

Published 17 Sep, 2024 06:33am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (September 16, 2024). ========================== KIBOR...

Published 17 Sep, 2024 06:33am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (September...

Published 17 Sep, 2024 06:33am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (September 16, 2024). ======================== Open Bid...

Published 17 Sep, 2024 06:33am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (September 16, 2024)....

Published 17 Sep, 2024 06:33am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (September 16, 2024). ==================================== BR...

Published 17 Sep, 2024 06:33am

About blasphemy cases

EDITORIAL: The case of a police officer allegedly killing a suspect held on blasphemy charges, inside a police...

Published 17 Sep, 2024 06:33am

Money & Banking

Dollar hits more than one-year low against yen

NEW YORK: The US dollar fell to a more than one-year low versus the yen on Monday, as expectations increased that ...

Published 17 Sep, 2024 06:33am

Energy

Jul-Aug petroleum group’s imports witness 22.73pc growth

ISLAMABAD: Petroleum group imports witnessed 22.73 percent growth during the first two months (July-August) of the...

Published 17 Sep, 2024 06:33am

Money & Banking

ADVANS bank renamed Halan

KARACHI: ADVANS Pakistan Microfinance Bank Limited renamed to “Halan Microfinance Bank Limited” with effect from...

Published 17 Sep, 2024 06:33am

Non-bank financial sector: SECP drafts strategic action plan for Islamic finance development

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will introduce the concept of Tier-I and ...

Published 17 Sep, 2024 06:33am

Industry

PBF for forensic audit of all power facilities

KARACHI: President Pakistan Business Forum (PBF) Khawaja Mehboobur Rahman questioned the rationale for paying...

Published 17 Sep, 2024 06:33am

Industry

Malik Faisal elected REAP chairman unopposed

LAHORE: Malik Faisal Jahangir has been elected unopposed as Chairman, and Irfan Noor as Treasurer of the Rice...

Published 17 Sep, 2024 06:33am

Taxes

Tax dept fails to create additional demand on capital gains

LAHORE: The income tax department failed to create additional demand on account of capital gains in the wake of...

Published 17 Sep, 2024 06:33am

Industry

LCCI organises seminar

LAHORE: The Director General of Punjab Food Authority Muhammad Asim Javed has reaffirmed the Authority’s ...

Published 17 Sep, 2024 06:33am

Money & Banking

BoK announces partnership with ABL Funds

PESHAWAR: Bank of Khyber (BoK) announced a partnership with ABL Funds for distribution of ABL Asset Management ...

Published 17 Sep, 2024 06:33am

Money & Banking

Indian rupee ends flat

MUMBAI: The Indian rupee ended unchanged on Monday while dollar-rupee forward premiums rose on heightened chances of...

Published 17 Sep, 2024 06:33am

Money & Banking

Asian currencies gain in holiday-thinned trading

BENGALURU: Asian currencies and stocks climbed on Monday in holiday-thinned trading, with investors focussing on ...

Published 17 Sep, 2024 06:33am

‘Shared prosperity’

EDITORIAL: The World Trade Organisation’s (WTO’s) analysis of its 30-year record of enabling and facilitating...

Published 17 Sep, 2024 06:33am

Pakistani Islamic finance industry: Size estimated to have crossed $42bn: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has disclosed that the size of the Pakistani...

Published 17 Sep, 2024 06:33am

Stocks

Auction for Ijarah Sukuk: PSX raises Rs202bn against Rs250bn target

KARACHI: Pakistan Stock Exchange (PSX) has raised Rs 202 billion against a target of Rs 250 billion for the Ministry...

Published 17 Sep, 2024 06:33am

July-August textile group exports up 5.37pc

Statistics

Trade, energy, finance and industry to be in focus

Updated 17 Sep, 2024 09:56pm

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 28	149.88
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Tokyo Nikkei / Mar 28	37,120.33
Nasdaq / Mar 28	17,322.99
Hang Seng / Mar 28	23,426.60
FTSE 100 / Mar 28	8,658.85
Dow Jones / Mar 28	41,583.90
Germany DAX 30 / Mar 28	22,461.52
France CAC40 / Mar 28	7,916.08

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Crude Oil USD/Barrel / Mar 28	69.10
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Gold Spot USD/Ounce / Mar 28	3,117.20
Cotton US¢/pound / Mar 28	66.90
Petrol/Litre / Mar 30	255.63
Diesel/Litre / Mar 30	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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