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 / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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