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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Deputy PM Overchuk due tomorrow: G2G pacts to be inked with Russia

Trade, energy, finance and industry to be in focus

Updated 17 Sep, 2024 09:56pm

Executive Board meeting notified: IMF to take $7bn EFF on its agenda on 25th

ISLAMABAD: The International Monetary Fund (IMF) has formally notified that the Executive Board would consider...

Updated 17 Sep, 2024 01:48pm

Economy, security: US official meets Dar, army chief

Updated 17 Sep, 2024 11:28pm

No delays in CPEC projects: Cabinet panel

ISLAMABAD: The Cabinet Committee on Chinese Investment Projects, while reiterating the government’s commitment to...

Updated 17 Sep, 2024 03:33pm

No further quota: MoC to blacklist defaulting Sri Lankan rice buyers

ISLAMABAD: The Commerce Ministry is to informally blacklist those Sri Lankan companies that defaulted in payment to...

Updated 17 Sep, 2024 09:46am

‘Constitutional package’ challenged in SC

ISLAMABAD: The Constitutional Package (Proposed Bill), which aims to amend various provisions to the 1973...

Published 17 Sep, 2024 06:33am

NA prorogued as govt fails to persuade opposition

ISLAMABAD: The National Assembly was prorogued on Monday without taking up the much-hyped “constitutional...

Published 17 Sep, 2024 06:33am

‘Constitutional package’: Prorogation of Senate session ends ‘hype’

ISLAMABAD: The hype surrounding the “mysterious” constitutional package for the superior judiciary finally fizzled...

Updated 17 Sep, 2024 09:45am

Statistics

July-August textile group exports up 5.37pc

ISLAMABAD: The country’s textile group exports increased by 5.37 per cent in first two months (July-August) of the...

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

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

‘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

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

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

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

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

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	155.80
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 21	6,049.24
India Sensex / Jan 21	75,838.36
Tokyo Nikkei / Jan 21	39,604.71
Nasdaq / Jan 21	19,756.78
Hang Seng / Jan 21	19,872.36
FTSE 100 / Jan 21	8,548.29
Dow Jones / Jan 21	44,025.81
Germany DAX 30 / Jan 21	21,042

Item	Value
Crude Oil USD/Barrel / Jan 21	75.89
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Gold Spot USD/Ounce / Jan 21	2,749.13
Cotton US¢/pound / Jan 21	67.43
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
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%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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