News Archives for Print - 2024-10-06

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Print - 2024-10-06

Islamabad at standstill

ISLAMABAD: The warning shots fired by interior minister Mohsin Naqvi fell on deaf ears as thousands of diehard...

Updated 06 Oct, 2024 01:25pm

The Weather

KARACHI: The weather report on Saturday (October 05, 2024) and the forecast for Sunday (October 06, 2024)....

Published 06 Oct, 2024 02:44am

Commodities

Weather conditions remain poor for winter grain sowing in Ukraine

KYIV: Weather conditions in September remained unfavourable for already started winter grain sowing in Ukraine,...

Published 06 Oct, 2024 02:44am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 34.449 ...

Published 06 Oct, 2024 02:44am

Commodities

Malaysian palm oil surges on ME conflict

KUALA LUMPUR: Malaysian palm oil futures closed higher and recorded a weekly gain on Friday, driven by a widening...

Published 06 Oct, 2024 02:44am

Commodities

Gold falls as stronger US jobs data shrinks hopes of big Fed rate cut

NEW YORK: Gold prices slipped on Friday after a stronger-than-expected US jobs report poured cold water on...

Published 06 Oct, 2024 02:44am

Commodities

French maize harvest still to get going as rain continues

PARIS: Farmers had harvested just 2% of this year’s grain maize crop by Sept. 30, well behind the usual pace, data...

Published 06 Oct, 2024 02:44am

Commodities

EU wheat falls further from highs

PARIS: Euronext wheat was lower for a second day on Friday, retreating further from three-month highs as traders...

Published 06 Oct, 2024 02:44am

Commodities

Copper surges on improved labour data from US

LONDON: Copper prices rose on Friday after US job growth accelerated in September to show solid recovery in economy....

Published 06 Oct, 2024 02:44am

Commodities

CBOT wheat, soy and corn fall as dollar rallies

CHICAGO: Chicago wheat dropped for a second day on Friday, moving further from a 3-1/2 month high reached this week...

Published 06 Oct, 2024 02:44am

Crime rate on the decline, IGP tells businesspeople

KARACHI: Ghulam Nabi Memon, IG Sindh Police, informed business community that crime is on the decline in the city as...

Published 06 Oct, 2024 02:44am

PPP, JI urge people to express solidarity with Palestinians

LAHORE: General Secretary Pakistan Peoples’ Party Central Punjab Syed Hassan Murtaza and Ameer Jamaat-e-Islami...

Published 06 Oct, 2024 02:44am

Graduation ceremony at PU: Students urged to help govt overcome economic challenges

LAHORE: Punjab Minister for Finance Mujtaba Shuja-ur-Rehman has said that commerce students have to play a role to...

Published 06 Oct, 2024 02:44am

President, PM pledge support to improve education system

ISLAMABAD: President Asif Ali Zardari and Prime Minister Shehbaz Sharif have expressed their firm resolve to support...

Published 06 Oct, 2024 02:44am

Taxes

Imposing more taxes for generating more revenue no solution, says analyst

KARACHI: Ateeq Ur Rehman economic & financial analyst said that imposing more taxes for generating more revenue...

Published 06 Oct, 2024 02:44am

Sindh minister makes wild allegation against PTI founder

ISLAMABAD: Sindh Information, Excise and Transport Minister Sharjeel Inam Memon Saturday claimed that Pakistan...

Published 06 Oct, 2024 02:44am

Non-bailable arrest warrants issued against Gandapur

ISLAMABAD: A local court on Saturday issued non-bailable arrest warrants for Khyber-Pakhtunkhwa (KP) Chief Minister...

Published 06 Oct, 2024 02:44am

Oral evidence cannot outweigh documentary proof: LHC

LAHORE: The Lahore High Court held that oral evidence cannot outweigh documentary proof, as it is a well-established...

Published 06 Oct, 2024 02:44am

Maryam pays tribute to teachers

LAHORE: Labelling the teachers as the real architects of a society, Chief Minister Punjab Maryam Nawaz Sharif said ...

Published 06 Oct, 2024 02:44am

Landowners to get adjustment in land acquisition compensation

LAHORE: In a significant development, the landowners have got adjusted compensation for land acquired for public...

Published 06 Oct, 2024 02:44am

JI steps up criticism of govt

LAHORE: Jamaat-e-Islami Chief Hafiz Naeem-ur-Rehman has criticised the government for creating a martial law-like...

Published 06 Oct, 2024 02:44am

Dozens of police personnel injured in clashes with PTI supporters

ISLAMABAD: Over 80 police personnel have been injured in clashes with supporters of jailed former Prime Minister...

Published 06 Oct, 2024 02:44am

South Asia

Indian foreign minister rules out bilateral talks at SCO summit

MUMBAI: India’s foreign minister Subrahmanyam Jaishankar will not discuss bilateral relations when he visits...

Published 06 Oct, 2024 02:44am

Karachi set to receive Rs218bn this year: CM

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, during a meeting with the elected body of the National Press Club...

Updated 06 Oct, 2024 09:58am

Biden says ‘not confident’ of peaceful US election

WASHINGTON: President Joe Biden said Friday he was not confident the US election in November would be peaceful,...

Published 06 Oct, 2024 02:44am

Dubai’s Emirates Airlines bans pagers, walkie-talkies

DUBAI: Dubai’s Emirates Airlines has banned passengers from carrying pagers and walkie-talkies on its flights,...

Published 06 Oct, 2024 02:44am

Over dozen PTI lawyers held for violating Section 144

LAHORE: The Lahore police arrested over a dozen lawyers belonging to the Pakistan Tehreek-e-Insaf (PTI) on Saturday...

Updated 06 Oct, 2024 01:24pm

World Bank rates $400m education project as satisfactory

ISLAMABAD: The World Bank has rated the implementation progress of the “Higher Education Development in Pakistan...

Updated 06 Oct, 2024 01:22pm

Indicators showing positive growth, says Jam

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan on Saturday said that in the country all economic indicators...

Updated 06 Oct, 2024 01:22pm

Economy: govt now expressing great happiness

Federal Minister for Information and Broadcasting Attaullah Tarar says the world is acknowledging the country’s viable economic policies

Updated 06 Oct, 2024 05:06pm

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Saturday (October 05, 2024). ======================================= Offset...

Published 06 Oct, 2024 02:44am

Cotton & Textile

Spot rate gains Rs200 per maund

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Saturday increased the spot rate by Rs...

Published 06 Oct, 2024 02:44am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (October 05, 2024)...

Published 06 Oct, 2024 02:44am

Commodities

Japanese rubber futures down on stronger yen

SINGAPORE: Japanese rubber futures posted their fourth straight weekly gain, even as the market closed slightly ...

Published 06 Oct, 2024 02:44am

Energy

US natgas snaps five-week winning streak on demand concerns

NEW YORK: US natural gas futures eased on Friday, snapping a five-week winning streak on weaker demand outlook even...

Published 06 Oct, 2024 02:44am

Commodities

Turkish flour mills seek relaxation of wheat import ban

ISTANBUL: Turkey’s flour mills are seeking a relaxation of the country’s ban on wheat imports, the mills’...

Published 06 Oct, 2024 02:44am

Commodities

Sugar rush leads world food prices to jump in Sept

ROME: The United Nations’ world food price index jumped in September, data released on Friday showed, posting its...

Published 06 Oct, 2024 02:44am

Commodities

Gold prices fall slightly

Karachi: The local gold prices lost some momentum on Saturday, as the global bullion value fell close to $2650 per...

Published 06 Oct, 2024 02:44am

Letters

‘The ‘last’ IMF programme?’

Business Recorder op-ed writer Farhat Ali deserves a lot of commendation for presenting a highly informed ...

Published 06 Oct, 2024 02:44am

PBF notifies its officials for KP, Swat

PESHAWAR: The Executive Committee of Pakistan Business Forum (PBF) has appointed Mariam Iqbal and Haji Iftikhar ...

Published 06 Oct, 2024 02:44am

Incidents of car theft, robberies increase in capital city

ISLAMABAD: The incidents of car theft and robberies increased manifold in the capital city during the last week, as...

Published 06 Oct, 2024 02:44am

CTD arrests 18 ‘terrorists’ of banned outfits

LAHORE: The Counter-Terrorism Department (CTD) in Punjab foiled a major terror plan by arresting 18 terrorists...

Published 06 Oct, 2024 02:44am

Lahore: PTI protesters, police clash

LAHORE: Isolated clashes took place between the Pakistan Tehreek-e-Insaf supporters and the law enforcing agencies...

Published 06 Oct, 2024 02:44am

1,320 MW coal plant: PQEPC threatens to halt operations

ISLAMABAD: Port Qasim Electric Power Company Limited (PQEPC) has threatened to shut down operations of its 1,320 MW...

Updated 06 Oct, 2024 09:59am

North Waziristan encounter: Lt-Col, four other soldiers embrace martyrdom

RAWALPINDI: A Lieutenant Colonel among five valiant soldiers of the Pakistan Army on Saturday embraced martyrdom...

Updated 06 Oct, 2024 09:59am

IHC asks govt to ensure no ‘unlawful’ protest is held in ICT

ISLAMABAD: The Islamabad High Court (IHC) directed the Secretary Ministry of Interior and chief commissioner federal...

Updated 06 Oct, 2024 10:00am

Immovable properties: FTO sets deadline for revision of valuations

ISLAMABAD: The Federal Tax Ombudsman (FTO) has issued a notice to the Chairman Federal Board of Revenue (FBR) ...

Updated 06 Oct, 2024 01:23pm

Confiscated goods worth millions stolen from KICT, QICT

KARACHI: A huge quantity of confiscated goods including machine parts, electronic items and aluminium sheets worth...

Updated 06 Oct, 2024 10:00am

PAD taking practical steps to control smog: Secy

LAHORE: The Punjab Agriculture Department is taking practical steps for smog control, said Secretary Agriculture...

Published 06 Oct, 2024 02:44am

Much-needed reforms in UN

Every year, during September, world leaders from the 197 UN member countries gather in New York for the United...

Published 06 Oct, 2024 02:44am

CTD arrests 18 ‘terrorists’ of banned outfits

LAHORE: The Counter-Terrorism Department (CTD) in Punjab foiled a major terror plan by arresting 18 terrorists...

Published 06 Oct, 2024 02:44am

Naqvi asks Gandapur not to disrupt law, order ahead of SCO summit

ISLAMABAD: Interior Minister Mohsin Naqvi, in a press briefing at D-Chowk on Saturday, warned the Pakistan...

Published 06 Oct, 2024 02:44am

Prices of kitchen items in Islamabad soar WoW

ISLAMABAD: The prices of essential kitchen items, especially perishable items owing to roads blockages following...

Published 06 Oct, 2024 02:44am

Media under pressure in US

EDITORIAL: With the right to freedom of expression protected by the First Amendment to its constitution once the US...

Published 06 Oct, 2024 02:44am

Water availability

EDITORIAL: Now that ample rain has ensured sufficient water availability for Kharif season, federal and provincial...

Published 06 Oct, 2024 02:44am

Industry

PSMA-PZ elections 2024-26 held

LAHORE: Chaudhry Muhammad Aslam of Pattoki Sugar Mills has been elected Chairman Pakistan Sugar Mills Association...

Published 06 Oct, 2024 02:44am

Taxes

LCCI urges FBR to release tax refunds

LAHORE: The Lahore Chamber of Commerce & Industry on Saturday has urged the Federal Board of Revenue (FBR) to...

Published 06 Oct, 2024 02:44am

IMF loan not sufficient to overcome challenges: UBG patron-in-chief

HYDERABAD: SM Tanveer, Patron in chief of the United Businessmen Group (UBG), stated that Pakistan has entered into ...

Published 06 Oct, 2024 02:44am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 1	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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