News Archives for Print - 2024-11-04

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Print - 2024-11-04

Five migrants die trying to reach the Canary Islands

MADRID: Five bodies were found floating in the sea on Sunday after the inflatable boat they were travelling in...

Published 04 Nov, 2024 03:29am

Iran arrests girl student who ‘stripped to protest harassment’

PARIS: Iranian authorities arrested a female student on Saturday after she staged a solo protest against harassment...

Published 04 Nov, 2024 03:29am

Thousands take to London streets demanding cleaner water

LONDON: Thousands of people marched through central London on Sunday demanding action on cleaning up Britain’s...

Published 04 Nov, 2024 03:29am

US believes Iranian-American journalist is detained in Iran

NEW YORK: Reza Valizadeh, an Iranian-American journalist who once worked for a US government-funded broadcaster, is...

Published 04 Nov, 2024 03:29am

Israeli authorities probe suspected Gaza intelligence leak by Netanyahu aide

RISHON LE-ZION, (Israel): A suspected leak of classified Gaza documents involving an aide to Prime Minister Benjamin...

Published 04 Nov, 2024 03:29am

Joint Russia sea drills signal start of Indonesian foreign policy shift

JAKARTA: Indonesia’s first joint military drills with Russia this week signal that new President Prabowo Subianto...

Published 04 Nov, 2024 03:29am

Chinese space station crew returns after six months in orbit

BEIJING: A three-person Chinese crew returned to Earth early Monday after more than six months aboard the Tiangong...

Published 04 Nov, 2024 03:29am

Moldovans vote in tense election on EU future

CHISINAU: Moldovans were voting on Sunday in a tense presidential election runoff that could decide whether the...

Published 04 Nov, 2024 03:29am

PDP chairman highlights issues facing Karachi

KARACHI: Very dense population in the old areas of the megacity has resulted in a rapid suburbanization but in a...

Published 04 Nov, 2024 03:29am

Malir Expressway: CM orders relocation of KE’s installations, removal of encroachments

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, during his visit to the under-construction 39.889 km Malir...

Published 04 Nov, 2024 03:29am

Rizwan-led Pakistan to challenge Australia in ODI today

LAHORE: Mohammad Rizwan’s first outing as white-ball captain will begin today when Pakistan takes on hosts...

Published 04 Nov, 2024 03:29am

Iranians ridicule Biden, Trump at US hostage crisis rally

TEHRAN: Thousands of Iranians rallied Sunday by the former US embassy in Tehran to mark the 1979 hostage crisis,...

Published 04 Nov, 2024 03:29am

Moldovan official accuses Russia of meddling in presidential runoff

CHISINAU: A Moldovan security official accused Russia on Sunday of “massive interference” as Moldovans voted in ...

Published 04 Nov, 2024 03:29am

Trump tariff hike could hit Swiss GDP by up to 1pc, study says

ZURICH: Swiss economic output could be reduced by up to 1% if a Trump presidency sparked a trade war by imposing...

Published 04 Nov, 2024 03:29am

US bomber joins air drill with South Korea, Japan

SEOUL: South Korea, Japan, and the United States on Sunday conducted a joint air drill involving a heavy bomber,...

Published 04 Nov, 2024 03:29am

IMF to begin delayed review of Egypt loan programme: PM

CAIRO: The International Monetary Fund will this week begin its delayed fourth review of Egypt’s 46-month loan...

Published 04 Nov, 2024 03:29am

Europe

Russia says captured Ukraine village near logistics hub

MOSCOW: Russia on Sunday claimed to have captured another Ukrainian village, just a dozen kilometres from the key...

Published 04 Nov, 2024 03:29am

Turkiye presses UN for arms embargo on Israel in joint letter

ANKARA: Turkiye’s foreign ministry said Sunday it had submitted a letter to the United Nations, signed by 52...

Published 04 Nov, 2024 03:29am

Israeli strikes kill 31 Palestinians across Gaza

CAIRO: At least 31 people were killed during Israeli bombardment of the Gaza Strip on Sunday, Palestinian medics...

Published 04 Nov, 2024 03:29am

Marginal decline

KARACHI: Rupee marginally weakened during the previous week as it declined Re0.06 or 0.02% against the US dollar....

Published 04 Nov, 2024 03:29am

Missteps and missed marks: macroeconomic stability is just a distant mirage

Despite ostensibly achieving some macroeconomic stability—as evidenced by falling inflation, a stable exchange rate,...

Published 04 Nov, 2024 03:29am

Privatisation and SBP

Heads should roll in the aftermath of the fiasco of the Thursday bidding of Pakistan International Airlines (PIA) as...

Published 04 Nov, 2024 03:29am

CM Punjab Livestock Card: Registration of farmers to begin tomorrow

FAISALABAD: The registration of livestock farmers for the issuance of Chief Minister Punjab Livestock Card will ...

Published 04 Nov, 2024 03:29am

Ports set for promising trajectory: minister

ISLAMABAD: Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh on Sunday said that Pakistan’s ports were on ...

Published 04 Nov, 2024 03:29am

Air Sial launches weekly Islamabad-Riyadh flights

ISLAMABAD: Air Sial, one of Pakistan’s most prominent private airlines, this week launched its weekly flights from...

Published 04 Nov, 2024 03:29am

LWMC working to provide cleaner environment for city

LAHORE: The Lahore Waste Management Company (LWMC) is actively working to provide a cleaner environment for the ...

Published 04 Nov, 2024 03:29am

Family of martyred police officer given house

LAHORE: Punjab Police remains dedicated to the best welfare of families of its martyrs. As part of ongoing...

Published 04 Nov, 2024 03:29am

Letters

Losses of NHA—Overloading and the implementation of axle load limit

We are writing to draw your attention to a recent news item published by daily “Business Recorder” regarding the...

Published 04 Nov, 2024 03:29am

Economic consequences of shutting gas supply to industrial self-generation facilities

Industrialization is the backbone of economic growth, fueling GDP, enhancing export growth, and creating employment...

Published 04 Nov, 2024 03:29am

Stocks

Autos lead rise in Indian shares in special Diwali session

MUMBAI: Indian shares logged gains in a special one-hour “muhurat” trading session on Friday to mark the ...

Published 04 Nov, 2024 03:29am

Unidentified gunmen set ablaze three trucks

DUKI: Unidentified gunmen set ablaze three trucks after bursting tyres of the trucks near three pull Killi Kach area...

Published 04 Nov, 2024 03:29am

SOT Events 2024 concludes in Karachi: Alumni of Beaconhouse School honoured with awards

KARACHI: Alumni of Beaconhouse School were honoured with awards in various categories for their outstanding...

Published 04 Nov, 2024 03:29am

Climate challenge: greater engagement of youth advocated

HYDERABAD: The urgent need for environmental and climate responsiveness, along with youth engagement in...

Published 04 Nov, 2024 03:29am

SFA conducts 16,061 inspections across Sindh

KARACHI: Sindh Minister for Food and Irrigation Jam Khan Shoro said today that the Sindh Food Authority (SFA) has...

Published 04 Nov, 2024 03:29am

Maryam visits under-construction PIC-II

LAHORE: “Make PIC-II functional as soon as possible,” Chief Minister Punjab Maryam Nawaz Sharif directed the...

Published 04 Nov, 2024 03:29am

Real or perceived ‘flaws’ in NFC Award: speakers at seminar advocate KP’s case

PESHAWAR: Participants at a provincial seminar titled “NFC Award and the Case of Khyber Pakhtunkhwa,” called for...

Published 04 Nov, 2024 03:29am

‘Startup Synergy: Model and Plan Sprint 2024’ held at ISRA University

HYDERABAD: On the directions of the President, Hyderabad Chamber of Small Traders & Small Industry (HCSTSI),...

Published 04 Nov, 2024 03:29am

Punjab police arrest 61,540 ‘power thieves’

LAHORE: Punjab Police is conducting a strict crackdown against electricity thieves and strict actions are taking...

Published 04 Nov, 2024 03:29am

HEC awards 200 scholarships to Sri Lankan students

ISLAMABAD: The Higher Education Commission (HEC), Pakistan has awarded 200 fully and partially funded scholarships ...

Published 04 Nov, 2024 03:29am

AJK PM meets Barrister Sultan

MIRPUR: Azad Jammu Kashmir Prime Minister Chaudhry Anwar ul Haq called on the AJK State President Barrister Sultan...

Published 04 Nov, 2024 03:29am

Industry

Need stressed to improve SMEs in KP

PESHAWAR: A three days workshop organised by Centre for Governance and Public Accountability (CGPA) focused on...

Published 04 Nov, 2024 03:29am

Cantonment by-polls: ECP issues comprehensive code of conduct for LEAs

ISLAMABAD: The Election Commission of Pakistan (ECP) has issued guidelines for law enforcement agencies (LEAs)...

Published 04 Nov, 2024 03:29am

Security forces kill four militants in SW

RAWALPINDI: Four militants were killed during an intelligence-based operation in Sarwakai area of South Waziristan...

Published 04 Nov, 2024 03:29am

Motorcyclists undertake journey to boost Pakistan-Turkiye friendship

ISLAMABAD: A group of seven Pakistani motorcyclists followed the Iranian route to Turkiye on their journey, which...

Published 04 Nov, 2024 03:29am

Islamabad police promote 240 officers

ISLAMABAD: The Islamabad Police have promoted 240 officers to higher ranks in a significant round of advancements,...

Published 04 Nov, 2024 03:29am

Last polio immunisation drive of year in Punjab wrapped up

LAHORE: Punjab hit a key milestone on Sunday, wrapping up its third and last national polio immunisation drive of ...

Published 04 Nov, 2024 03:29am

PTI assails IK’s 455-day detention

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Sunday condemned party founding chairman Imran Khan’s 455-day...

Published 04 Nov, 2024 03:29am

HRCP voices its concern over ‘Anti-Terrorism (Amendment) Bill 2024’

ISLAMABAD: The Human Rights Commission of Pakistan (HRCP) on Sunday expressed concern over the recently introduced...

Published 04 Nov, 2024 03:29am

‘Can’t sell PIA for peanuts,’ says Aleem

LAHORE: Federal Minister for Privatisation Abdul Aleem Khan has said he had responsibility of selling Pakistan...

Updated 04 Nov, 2024 03:10pm

Promoting FDI inflows top priority: PM

Meets business delegation from UK

Updated 04 Nov, 2024 09:25am

Stocks

Futures spread up 20bps

KARACHI: The futures spread increased by 20bps to 9.27 percent on the last day of the outgoing week. Trading...

Published 04 Nov, 2024 03:29am

Stocks

Stocks witness bullish trend

KARACHI: Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended on November 01, 2024 on the...

Published 04 Nov, 2024 03:29am

FBR chalks out steps to reduce anticipated Q2 collection shortfall

ISLAMABAD: The Federal Board of Revenue (FBR) has chalked out short-term and long-term measures to reduce...

Updated 04 Nov, 2024 03:09pm

Scholz summons two ministers over rival plans to fix economy

BERLIN: German Chancellor Olaf Scholz will hold meetings with his top two ministers to seek common ground after they...

Updated 04 Nov, 2024 09:21am

US election 2024 outcome uncertain in seven key states

DETROIT/LITITZ, (Pen-nsylvania): Democrat Kamala Harris made her closing pitch for the US presidency at a...

Updated 04 Nov, 2024 08:41am

Imran, Nawaz summoned by Election Commission

ISLAMABAD: The Election Commission of Pakistan (ECP) has summoned two former prime ministers, PTI founder Imran...

Updated 04 Nov, 2024 08:44am

Grenade attack wounds several in IIOJK

OCCUPIED SRINAGAR: Illegally Indian Occupied Jammu and Kashmir (IIOJK) chief minister on Sunday condemned a “deeply...

Updated 04 Nov, 2024 09:23am

Crowd hurls mud, insults at Spanish royals, PM on visit to flood zone

VALENCIA: Furious locals pelted Spain’s royals and premier on Sunday with mud and cries of “murderers!”, forcing...

Updated 04 Nov, 2024 09:23am

Punjab police recover missing counsel for IK

ISLAMABAD: The incarcerated founding Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan’s counsel Intezar Hussain...

Updated 04 Nov, 2024 08:43am

PCGA reveals significant cotton output decline YoY

LAHORE: The Pakistan Cotton Ginners Association (PCGA) released its latest data on cotton production, revealing a...

Updated 04 Nov, 2024 08:42am

Govt shuts primary schools in Lahore over record pollution

LAHORE: Senior Provincial Minister Marriyum Aurangzeb has said that easterly winds coming from India are pushing air...

Updated 04 Nov, 2024 09:16am

PIA’s privatisation: hurdles and roadblocks

EDITORIAL: The government’s much-delayed plans of privatising PIA hit a huge obstacle on October 31 as the final...

Published 04 Nov, 2024 03:29am

October: Economic Update and Outlook

EDITORIAL: The October Finance Division publication titled Economic Update and Outlook uploaded on its website notes...

Published 04 Nov, 2024 03:29am

Energy

IESCO notifies power shutdown programme

ISLAMABAD: Islamabad Electric Supply Company (IESCO) on Sunday issued a power suspension programme for Monday for...

Published 04 Nov, 2024 03:29am

Carpet industry urges govt to help it boost exports

LAHORE: Pakistan Carpet Manufacturers and Exporters Association (PCMEA) chairman Mian Atiqur Rehman said that...

Published 04 Nov, 2024 03:29am

Prices of essential kitchen items remain high

PESHAWAR: Prices of important kitchen items, including vegetables, cooking oil/ghee, sugar, flour and others ...

Published 04 Nov, 2024 03:29am

Stocks

Wall Street Week Ahead: US election, Fed meeting loom in big week for markets

NEW YORK: A double dose of potentially market-moving events arrives in the coming week as Americans vote on their...

Published 04 Nov, 2024 03:29am

Stocks

Most Gulf markets subdued on regional tensions

DUBAI: Most stock markets in the Gulf were subdued on Sunday after a report suggested Iran might be preparing a...

Published 04 Nov, 2024 03:29am

Money & Banking

Canadian dollar hits 2-year low

TORONTO: The Canadian dollar weakened to a two-year low against its US counterpart on Friday as the greenback ...

Published 04 Nov, 2024 03:29am

Stocks

Pound set for worst weekly losses after budget jolt

LONDON: The pound stabilised on Friday after a volatile few sessions, but still headed for its longest stretch of...

Published 04 Nov, 2024 03:29am

Stocks

FTSE 100 rebounds on Reckitt boost but logs weekly decline

LONDON: The UK’s FTSE 100 rebounded on Friday from near three-month lows touched in the prior session, as gains in...

Published 04 Nov, 2024 03:29am

Stocks

Sri Lankan shares close higher

COLOMBO: Sri Lankan shares closed higher on Friday for a seventh straight session, lifted by gains in consumer...

Published 04 Nov, 2024 03:29am

Shell’s $6bn profit smashes forecasts as LNG offsets weak refining

LONDON: Shell reported on Thursday third-quarter profits of $6 billion that exceeded forecasts by 12% as higher...

Published 04 Nov, 2024 03:29am

Cotton & Textile

Weekly Cotton Review: Spot rate soars amid improved volumes

KARACHI: Overall stability was seen in cotton prices during previous week, having an improved business volume. The...

Published 04 Nov, 2024 03:29am

Rates

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Sunday (November...

Published 04 Nov, 2024 03:29am

Industry

Expert calls for expanding trade manifold

KARACHI: We have to improve our trade, manifolds. Pakistan has experienced a significant increase in imports,...

Published 04 Nov, 2024 03:29am

Industry

CWFF to be established at SIE, Kohat Road, Peshawar

PESHAWAR: Sarhad Chamber of Commerce and Industry and Small Industrial Development Board have agreed to set up a...

Published 04 Nov, 2024 03:29am

Industry

FPCCI appoints Malik as chairman cotton industry restoration body

LAHORE: In a significant development aimed at revitalizing Pakistan’s agriculture and cotton industry, the...

Published 04 Nov, 2024 03:29am

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	155.54
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 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
FTSE 100 / Jan 20	8,520.54
Germany DAX 30 / Jan 20	20,990.31
France CAC40 / Jan 20	7,733.50
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Petrol/Litre / Jan 21	256.13
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Diesel/Litre / Jan 21	260.95

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
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%)
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	3.74 ▲ 0.34 (10.00%)
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%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	77.59 ▲ 7.05 (9.99%)
Shadman Cotton / Jan 21 Shadman Cotton Mills Limited(SHCM)	31.82 ▲ 2.89 (9.99%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.84 ▲ 9.84 (9.94%)

Stock	Price
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	22.51 ▼ -2.48 (-9.92%)
Kohat Textile / Jan 21 Kohat Textile Mills Limited(KOHTM)	32.32 ▼ -2.58 (-7.39%)
Punjab Oil / Jan 21 Punjab Oil Mills Limited(POML)	147 ▼ -11.02 (-6.97%)
Parmount Sp. / Jan 21 Paramount Spinning Mills Limited(PASM)	4.30 ▼ -0.31 (-6.72%)
Suhail Jute / Jan 21 Suhail Jute Mills Limited(SUHJ)	106 ▼ -7.47 (-6.58%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9.20 ▼ -0.61 (-6.22%)
GOC (Pak) / Jan 21 GOC (Pak) Limited.(GOC)	64.99 ▼ -4.10 (-5.93%)
Prosperity Weav / Jan 21 Prosperity Weaving Mills Limited(PRWM)	35 ▼ -2.00 (-5.41%)
Saritow Spinning / Jan 21 Saritow Spinning Mills Limited(SSML)	9.40 ▼ -0.53 (-5.34%)

Stock	Volume
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.13
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	57,800,421 ▲ 0.34
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	56,891,848 ▼ -0.03
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	38,118,034 ▲ 1.94
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	29,908,789 ▲ 0.28
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.16
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -1.28
Hub Power Co. / Jan 21 The Hub Power Company Limited(HUBC)	21,405,956 ▼ -2.89
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	19,827,701 ▲ 2.70

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