News Archives for Print - 2024-09-22

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Print - 2024-09-22

Europe

UK debt hits 100pc of economic output for first time

LONDON: British government debt hit 100 percent of economic output for the first time in recent history and there ...

Published 22 Sep, 2024 02:47am

Israeli strike kills 22 in shelter

GAZA/CAIRO: Palestinians said an Israeli strike killed at least 22 people in a school sheltering displaced people in...

Published 22 Sep, 2024 02:47am

Cyprus signs MoU with Greece on ‘world’s longest’ subsea electric cable

NICOSIA: Greece and Cyprus have signed a memorandum of understanding (MoU) to press ahead with a subsea electric...

Published 22 Sep, 2024 02:47am

Curfew imposed in Sri Lanka after polls close peacefully

COLOMBO: Sri Lanka imposed a night curfew across the country Saturday despite a peaceful presidential election that...

Published 22 Sep, 2024 02:47am

Dengue on the rise in Punjab

LAHORE: As many as 70 fresh cases of dengue have been recorded across the province in the last 24 hours, a spokesman...

Published 22 Sep, 2024 02:47am

Met Office predicts widespread rains, thunderstorms across country

LAHORE: The Pakistan Meteorological Department (Met Office) has predicted widespread rain and thunderstorms across...

Published 22 Sep, 2024 02:47am

South Korean envoy, VC UAF open PKNC building at UAF

FAISALABAD: Korean Ambassador Park Ki Jun has said that the Pak Korea Nutrition Centre established at the University...

Published 22 Sep, 2024 02:47am

Package for govt servants: Job of employed widow can’t be terminated on contracting second marriage: LHC

LAHORE: The Lahore High Court held that a widow employed on the package for families of government employees who die...

Published 22 Sep, 2024 02:47am

Four girls killed in two accidents in Faisalabad

FAISALABAD: Four girls were killed in two incidents in Faisalabad while the police have so far arrested one ...

Published 22 Sep, 2024 02:47am

LWMC steps up cleanliness drive

LAHORE The Lahore Waste Management Company (LWMC) has ramped up its sanitation efforts across the city, ensuring...

Published 22 Sep, 2024 02:47am

Candidates of PIAF PP Alliance visit markets of Lahore

LAHORE: The candidates of PIAF Pioneer Progressive Alliance Associate Class along with its leaders including ...

Published 22 Sep, 2024 02:47am

Alzheimer’s Day marked

LAHORE: Like other parts of the globe, the ‘World Alzheimer’s Day’ was marked here Saturday with renewed ...

Published 22 Sep, 2024 02:47am

Naqvi meets Chinese delegation

ISLAMABAD: Interior Minister Mohsin Naqvi met with a high-level Chinese delegation led by Minister for Political and...

Published 22 Sep, 2024 02:47am

IK ‘begging for an NRO’: Azma

LAHORE: Punjab Information Minister Azma Bokhari stated that Imran Khan is begging for an NRO in £190 million and...

Published 22 Sep, 2024 02:47am

The Weather

KARACHI: The weather report on Saturday (September 21, 2024) and the forecast for Sunday (September 22, 2024)....

Published 22 Sep, 2024 02:47am

Dar cancels UNGA trip

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar have cancelled his trip to New York where he was...

Published 22 Sep, 2024 02:47am

Three more polio cases reported

ISLAMABAD: The Prime Minister’s Focal Person for Polio Eradication Programme, Ayesha Raza Farooq Saturday while...

Published 22 Sep, 2024 02:47am

New Canton fair, new opportunities

The 136th China Import and Export Fair, also known as the Canton Fair, is scheduled to be held from October 15 to...

Published 22 Sep, 2024 02:47am

PSC at SU holds seminar on Thalassemia

HYDERABAD: The Pakistan Study Centre (PSC) at the University of Sindh in collaboration with ESSA Lab and the Rotary...

Published 22 Sep, 2024 02:47am

Capital city witnesses 25pc spike in incidents of robberies

ISLAMABAD: The capital city witnessed a 25 per cent spike in the incidents of robberies during the last week with 55...

Published 22 Sep, 2024 02:47am

IBA, HEC join hands on ‘I-incubate’ programme

KARACHI: Institute of Business Administration (IBA), Karachi launched ‘I-INCUBATE’, an incubation program...

Published 22 Sep, 2024 02:47am

Bilawal reaffirms commitment to peace, justice

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari said that peace is not just the absence ...

Published 22 Sep, 2024 02:47am

Contracts given 3-year extension in 3 districts by SSWMB

KARACHI: The provincial steering committee of the Sindh Solid Waste Management Board (SSWMB) has granted an ...

Published 22 Sep, 2024 02:47am

PM for fostering peace, stability thru dialogue

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday called for fostering peace and stability in the region through...

Published 22 Sep, 2024 02:47am

Misleading discount practices: CCP issues notices to 20 brands

ISLAMABAD: The Competition Commission of Pakistan (CCP), while taking action against retailers advertising discounts...

Published 22 Sep, 2024 02:47am

CJP questions display of ‘clarification’ on website sans issuance of cause list

ISLAMABAD: Chief Justice of Pakistan Qazi Faez Isa questions the release of eight judges’ clarification on the...

Published 22 Sep, 2024 02:47am

Letters

‘Two secrets to China’s rise’

This is apropos two back-to-back letters to the Editor by this writer carried by the newspaper on Friday and...

Published 22 Sep, 2024 02:47am

Bilawal Bhutto-Zardari, the architect of new thinking in a new era

Pakistan People’s Party Chairman Bilawal Bhutto-Zardari’s 36th birthday is being celebrated today. Like his...

Published 22 Sep, 2024 02:47am

Energy

US natgas eases on lower demand outlook

NEW YORK: US natural gas futures slipped more than 1% on Friday, weighed down by lower demand forecasts for next ...

Published 22 Sep, 2024 02:47am

Commodities

Iron ore advances on Beijing stimulus hopes

SINGAPORE: Iron ore futures prices strengthened on Friday as prospects of fresh monetary stimulus from China lifted...

Published 22 Sep, 2024 02:47am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 34.165 ...

Published 22 Sep, 2024 02:47am

Commodities

Chicago corn, soybeans dip

CHICAGO: Chicago corn futures ticked down and soybean futures hovered near unchanged on Friday with seasonal harvest...

Published 22 Sep, 2024 02:47am

Commodities

EU wheat steadies

PARIS: Euronext wheat steadied on Friday after a two-week low in the previous session, with a reduced estimate for...

Published 22 Sep, 2024 02:47am

Energy

Oil ends week higher as investors take stock of Fed rate cuts

HOUSTON: Oil prices settled lower on Friday but recorded a second straight week of gains, garnering support from a ...

Published 22 Sep, 2024 02:47am

Commodities

Japanese rubber futures fall

SINGAPORE: Japanese rubber futures logged a weekly gain on supply concerns across major producing regions, even as...

Published 22 Sep, 2024 02:47am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (September 21, 2024)...

Published 22 Sep, 2024 02:47am

Cotton & Textile

Mills indulge in forward buying of cotton

LAHORE: The local cotton market on Saturday remained firm and the trading volume remained satisfactory. Cotton...

Published 22 Sep, 2024 02:47am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (September 21, 2024). =======================================...

Published 22 Sep, 2024 02:47am

CCoSOEs endorses new PRAL board composition

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) approved the reconstitution of the Pakistan...

Updated 22 Sep, 2024 09:57am

Services acquired from non-residents: FBR issued notices for not allowing input tax adjustments

ISLAMABAD: Sindh High Court (SHC) has issued notices to the Federal Board of Revenue (FBR) for not allowing input...

Updated 22 Sep, 2024 04:35pm

Silk Route Expo: Oil, gas firms hold B2B meetings with Chinese cos

ISLAMABAD: Pakistani oil and gas companies held business-to-business meetings with Chinese companies in a bid to...

Updated 22 Sep, 2024 09:58am

Irish firm offers electricity storage solution

ISLAMABAD: An Irish company M/s Zero Terrain has offered Pakistan to establish an electricity storage system of 500...

Updated 22 Sep, 2024 09:56am

Dar asks DISCOs to reassess level of HR requirements

Deputy Prime Minister expresses full resolve of the government to address the governance issues in the DISCOs

Updated 22 Sep, 2024 04:34pm

Experts’ panel to weigh up EVs financing mechanism

ISLAMABAD: An inter-ministerial meeting decided to constitute a panel of representatives from the Finance Division,...

Updated 22 Sep, 2024 09:58am

‘Ordinance’ challenged in LHC

LAHORE: The Supreme Court (Practice and Procedure) Amendment Ordinance 2024 has been challenged before the Lahore...

Updated 22 Sep, 2024 09:58am

Lawyer bodies concerned over ‘Amendment Ordinance’

ISLAMABAD: The Supreme Court Bar Association (SCBA) and Pakistan Bar Council (PBC) expressed grave concern over the...

Updated 22 Sep, 2024 10:00am

PTI manages to hold ‘power show’ despite ‘raids and arrests’

LAHORE: The Pakistan Tehreek-e-Insaf (PTI) on Saturday peacefully held the much-anticipated power show in the...

Updated 22 Sep, 2024 10:02am

Reserved seats: PTI approaches SC against letters of NA, PA speakers

ISLAMABAD: The Supreme Court (SC) has been asked to declare that the Elections (Second Amendment) Act, 2024, has no...

Updated 22 Sep, 2024 10:02am

En route to UNGA, PM makes stopover in London

ISLAMABAD: Prime Minister Shehbaz Sharif reached London on Saturday, from where he would leave for New York to lead...

Published 22 Sep, 2024 02:47am

‘Slow and unresponsive governance’

EDITORIAL: Is it any surprise that all sorts of serious research continues to identify the bureaucracy as part of ...

Published 22 Sep, 2024 02:47am

‘Backbone of economy’

EDITORIAL: Finance Minister Muhammad Aurangzeb’s customary reference to agriculture and IT as “the backbone of our...

Published 22 Sep, 2024 02:47am

Industry

Impact of power tariff hike on SMEs highlighted

KARACHI: The capacity building of every business is essential and eminent by facilitation from the government, said...

Published 22 Sep, 2024 02:47am

Industry

First round of KCCI polls ends peacefully

KARACHI: The first round election of Karachi Chamber of Commerce and Industry (KCCI) for 2024-26 has been completed,...

Published 22 Sep, 2024 02:47am

‘Kids Carnival’ begins at Alhamra Arts Center

LAHORE: The Lahore Arts Council has launched its much-anticipated Kids Carnival, a vibrant event that will introduce...

Published 22 Sep, 2024 02:47am

Industry

PSMA appeals SBP to extend date of settling outstanding credit lines

LAHORE: The Pakistan Sugar Mills Association (PSMA) has appealed the State Bank of Pakistan to extend date of...

Published 22 Sep, 2024 02:47am

Industry

Minister highlights role of SMEs in economic growth

LAHORE: Rana Tanveer Hussain, Federal Minister Industries and Production has initiated a process to enhance...

Published 22 Sep, 2024 02:47am

Jul-Aug cell phone imports post 19.8pc negative growth

ISLAMABAD: The country imported mobile phones worth $143.889 million in the first two months (July-August) of ...

Published 22 Sep, 2024 02:47am

Commodities

Gold prices hit fresh highs

KARACHI: The local gold prices continued to hit fresh highs on Saturday following record-breaking trends in the...

Published 22 Sep, 2024 02:47am

Commodities

Prices of essential kitchen items show a declining trend

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

Published 22 Sep, 2024 02:47am

Commodities

Palm oil rises for third session

KUALA LUMPUR: Malaysian palm oil futures rose for a third straight session on Friday and logged a weekly gain, ...

Published 22 Sep, 2024 02:47am

Commodities

Gold breaks $2,600 barrier as Fed cut bets prolong historic run

NEW YORK: Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for...

Published 22 Sep, 2024 02:47am

Commodities

Copper pulls back from two-month peak on firm dollar

LONDON: Copper edged lower on Friday after touching its highest level in two months as a firm dollar and producer...

Published 22 Sep, 2024 02:47am

Commodities

Russian coal shipments to China fall

BEIJING: China’s coal imports from Russia fell 13% in August, customs data showed on Friday, as sanctions ...

Published 22 Sep, 2024 02:47am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 5	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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