News Archives for Print - 2024-12-07

<<>>

Print - 2024-12-07

Stocks

China, HK stocks rise to 3-week highs

SHANGHAI: China and Hong Kong stocks climbed to their highest in three weeks on Friday as technology shares rose and...

Published 07 Dec, 2024 08:16am

Stocks

Nikkei falls as traders book profits after rally

TOKYO: Japan’s Nikkei share average slipped on Friday as investors locked in profits after four days of gains,...

Published 07 Dec, 2024 08:16am

Money & Banking

Asian currencies: Won posts weekly loss, Thai baht up

BENGALURU: The South Korean won and shares plummeted on Friday following fresh reports of a potential second martial...

Published 07 Dec, 2024 08:13am

Money & Banking

US dollar mixed after jobs data

NEW YORK: The US dollar was mixed on Friday after data showed the unemployment rate in the world’s largest economy...

Published 07 Dec, 2024 08:13am

Stocks

French stocks outperform on expectations of new budget

PARIS: European shares eked out gains on Friday, with French stocks logging their biggest daily rise in three weeks...

Published 07 Dec, 2024 08:09am

Stocks

S&P 500, Nasdaq gain after jobs data boosts rate-cut bets

NEW YORK: The S&P 500 and the Nasdaq hit intraday record highs on Friday as traders increased bets on a Federal...

Published 07 Dec, 2024 08:08am

Madrassah registration bill 2024: PM has assured Fazl that he will address party’s reservations: spokesperson

ISLAMABAD: The Prime Minister (PM) of Pakistan has assured the leader of the Jamiat Ulema-e-Islam (JUI) Maulana...

Published 07 Dec, 2024 07:49am

188 cases registered against IK, govt tells IHC

ISLAMABAD: The Interior Ministry has submitted a report to the Islamabad High Court (IHC), saying that total 188...

Published 07 Dec, 2024 07:47am

KP LUBCC approves master plans for seven more cities

PESHAWAR: The Khyber Pakhtunkhwa Land Use and Building Control Council (LUBCC) on Friday approved the concept of...

Published 07 Dec, 2024 07:46am

Senate panel discusses ‘missing house files’ issue

ISLAMABAD: Senate Functional Committee on Government Assurances deliberated on the missing files of houses located ...

Published 07 Dec, 2024 07:46am

Omar Ayub, other PTI leaders released after brief detention

ISLAMABAD: The Anti-Terrorism Court (ATC) Rawalpindi on Friday ordered release of five Pakistan Tehreek-e-Insaf ...

Published 07 Dec, 2024 07:44am

ATIR members: IHC restrains law ministry from making final appointments

ISLAMABAD: The Islamabad High Court (IHC) has issued an interim order restraining the Law Ministry from making final...

Updated 07 Dec, 2024 08:29am

Al-Qadir Trust case: Accountability Court upholds non-bailable arrest warrants for Bushra

ISLAMABAD: An accountability court, on Friday, upheld the non-bailable arrest warrants issued against Bushra Bibi,...

Published 07 Dec, 2024 07:41am

University status to Edwards College: KP Governor for accelerating pace of work

PESHAWAR: Governor Khyber Pakhtunkhwa Faisal Karim Kundi has said work for granting university status to the Edwards...

Published 07 Dec, 2024 07:34am

MoFA issues travel advisory for Pakistanis in Syria

ISLAMABAD: The Ministry of Foreign Affairs (MoFA) has issued an urgent travel advisory for Pakistani nationals...

Published 07 Dec, 2024 07:32am

AGHS awarded Polish prize in recognition of protecting human rights

ISLAMABAD: AGHS Legal Aid Cell has received the Polish Prize of Sergio de Mello founded by a renowned...

Published 07 Dec, 2024 07:28am

Use of AI in cyberattacks increasing: report

ISLAMABAD: Business community of Asia including Pakistan are increasingly worried about the growing use of ...

Published 07 Dec, 2024 06:51am

Bahria Town Champions T20 Cup starts today

LAHORE: The Bahria Town Champions T20 Cup, scheduled from December 7 to 25 at Rawalpindi Stadium, is set to not only...

Published 07 Dec, 2024 06:51am

Italian historic ship to reach Karachi today

KARACHI: The Amerigo Vespucci ship, historic sailing and training ship of the Italian Navy, will arrive in Karachi ...

Published 07 Dec, 2024 06:51am

Illegal fund transfers still take place: FIA

KARACHI: Mujahid Akbar, Additional DG FIA, on Friday revealed that the opening of bank accounts using identities of...

Published 07 Dec, 2024 06:51am

Country to witness frosty conditions from today

KARACHI: A significant cold wave is set to bring frosty conditions and sharp temperatures drops in several parts of...

Published 07 Dec, 2024 06:51am

ADP 2025-26: Sindh CM issues detailed guidelines

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has issued detailed guidelines for the preparation of the Annual...

Published 07 Dec, 2024 06:51am

The Weather

KARACHI: The weather report on Friday (December 06, 2024) and the forecast for Saturday (December 07, 2024)...

Published 07 Dec, 2024 06:51am

IK steps up criticism of ‘establishment’

ISLAMABAD: The jailed ex-prime minister and the founding chairman of Pakistan Tehreek-e-Insaf (PTI) Imran Khan said...

Updated 07 Dec, 2024 08:31am

JCP nominates Justice Shahid as member of Constitutional bench

ISLAMABAD: Judicial Commission of Pakistan (JCP) nominated Justice Shahid Bilal as the member of the Constitutional...

Published 07 Dec, 2024 06:51am

PM will visit Egypt from 18th for D-8 Summit

ISLAMABAD: Prime Minister Shehbaz Sharif will undertake his maiden visit to Egypt on 18-19 December to attend...

Updated 07 Dec, 2024 08:20am

Certain elements inciting youth towards extremism: Bilawal

KARACHI: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari said on Friday that certain elements are...

Updated 07 Dec, 2024 08:21am

Literature

Urdu Conference discusses religious poetry and literature

KARACHI: The ongoing 17th Aalmi Urdu Conference, Jashan-e-Karachi, entered its second day with a thought-provoking...

Published 07 Dec, 2024 06:51am

UNESCO team concludes 5-day visit

LAHORE: The UNESCO Reactive Monitoring Mission on Friday concluded its five-day visit to Lahore after assessing the...

Published 07 Dec, 2024 06:51am

PARTLY FACETIOUS: Good news at inflation front

“A milestone was achieved.” “Indeed, inflation is the lowest in years…” “True, though economists reckon...

Updated 07 Dec, 2024 08:45am

SAU to host Thar Festival in Feb 2025

HYDERABAD: Sindh Agriculture University (SAU) Tandojam is preparing to host the much-anticipated Thar Festival 2025...

Published 07 Dec, 2024 06:51am

EPA withdraws restrictions on markets

LAHORE: In light of the improvement in the Air Quality Index (AQI), the Environmental Protection Agency (EPA) on...

Published 07 Dec, 2024 06:51am

IBA hosts population research conference

KARACHI: IBA Karachi hosted a two-day 25th Annual Population Research Conference, focusing on the Pathways to...

Published 07 Dec, 2024 06:51am

Governor for strengthening primary healthcare services

LAHORE: Punjab Governor Sardar Saleem Haider Khan has emphasized the need to strengthen primary healthcare services...

Published 07 Dec, 2024 06:51am

Minister, US CG discuss trade between Punjab and US

LAHORE: Provincial Minister for Industries and Commerce Chaudhry Shafay Hussain met US Consul General H.E. K ristin...

Published 07 Dec, 2024 06:51am

Punjab minister terms PTI members ‘political vultures’

LAHORE: Punjab Information Minister Azma Bokhari has said that Bushra Bibi cannot appear in court because she will...

Published 07 Dec, 2024 06:51am

Smog issue: LHC seeks explanation from Punjab govt on change in market timings

LAHORE: The Lahore High Court on Friday expressed displeasure over allowing market timings till 10pm without prior...

Published 07 Dec, 2024 06:51am

‘CM Punjab Free Solar Panel Scheme’ inaugurated

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif while formally inaugurating the ‘CM Punjab Free Solar Panel...

Published 07 Dec, 2024 06:51am

PL&DD distributes 1,000 ‘CM’s Livestock Cards’ among farmers

LAHORE: The Punjab Livestock & Dairy Development Department has so far distributed 1,000 Chief Minister’s...

Published 07 Dec, 2024 06:51am

All is not well at the economic front

The Federal Minister for Finance and Revenue Muhammad Aurangzeb reaffirmed this Wednesday at the ‘International...

Updated 07 Dec, 2024 08:50am

Print making a comeback

Don’t have the exact date but print media first appearing in the form of newspaper dates back to the 17th ...

Updated 07 Dec, 2024 08:53am

Letters

How did Ali Sobh become a mega-millionaire?

A young, pregnant woman from Lebanon fled to the United States — the “Land of Opportunity” — with her ...

Updated 07 Dec, 2024 08:54am

Saba Qamar meets German CG

KARACHI: Saba Qamar, UNICEF Pakistan’s first National Ambassador for child rights, met with German Consul General...

Published 07 Dec, 2024 06:51am

26th Constitutional Amendment: Sharjeel praises Bilawal’s efforts

KARACHI: Sindh Senior Minister Sharjeel Inam Memon has said that the efforts of PPP Chairman Bilawal Bhutto made the...

Published 07 Dec, 2024 06:51am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (December 06, 2024). ========================== KIBOR...

Published 07 Dec, 2024 06:51am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (December 06, 2024). ==================================== BR...

Published 07 Dec, 2024 06:51am

Investment, growth and credit safety: Aurangzeb pledges robust insolvency regime

Emphasizes the government’s commitment to creating a conducive business environment

Updated 07 Dec, 2024 04:39pm

CPEC and SEZs projects’ progress reviewed

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal Friday reviewed progress...

Updated 07 Dec, 2024 03:09pm

PM Shehbaz vows to eradicate scourge of terrorism

ISLAMABAD: Prime Minister Shehbaz Sharif has reiterated government’s resolve to eradicate the scourge of terrorism...

Updated 07 Dec, 2024 03:10pm

Oil and gas cos, microfinance banks: FBR, all PRAs/Board agree to extend scope of SSTR

ISLAMABAD: The Federal Board of Revenue (FBR) and all the Provincial Revenue Authorities/Board have unanimously...

Updated 07 Dec, 2024 04:46pm

Rates

Index hits new peak

KARACHI: A bullish trend continued as Pakistan Stock Exchange on Friday hit new highest-ever levels with healthy...

Published 07 Dec, 2024 06:51am

LTSAs payment: NPPMCL urges SBP to remit $4.7m to GE

ISLAMABAD: The National Power Parks Management Company (Private) Limited (NPPMCL) has requested the State Bank of...

Updated 07 Dec, 2024 03:11pm

Jamshoro power plant unit: Senate panel orders probe into delay

ISLAMABAD: The Senate Standing Committee on Economic Affairs directed an inquiry on Friday into the nearly five-year...

Updated 07 Dec, 2024 02:07pm

‘Winter package’: Nepra approves Rs26.07 per unit relief for 3 months

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Friday accorded approvals to ‘Winter Package’...

Updated 07 Dec, 2024 02:06pm

Arrests during PTI protest: Capital police attracts IHC’s displeasure

ISLAMABAD: The Islamabad High Court (IHC) expressed annoyance over the attitude of federal capital police for...

Updated 07 Dec, 2024 02:06pm

Weekly SPI inflation down 0.34pc

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended December 5, 2024 decreased by 0.34...

Updated 07 Dec, 2024 09:16am

PIA to resume flights to Europe on Jan 10

KARACHI: Pakistan International Airlines (PIA) will resume twice-weekly flights between Islamabad and Paris starting...

Published 07 Dec, 2024 06:51am

Project set for closure in FY25: World Bank disburses 80pc of $400m PRR loan

ISLAMABAD: The World Bank-funded Pakistan Raises Revenue (PRR) loan, amounts to $400 million, out of which 80...

Updated 07 Dec, 2024 09:15am

Sindh demands end to gas load-shedding, low pressure

KARACHI: Sindh Energy Minister Nasir Hussain Shah has directed the Secretary of Energy to write a letter to the...

Updated 07 Dec, 2024 09:09am

Jam Kamal vows to boost trade in Balochistan

QUETTA: Federal Minister for Commerce and Industries Jam Kamal Khan on Friday vowed to boost trade activities,...

Published 07 Dec, 2024 06:51am

Digital connectivity: Engro teams up with Jazz and VEON

KARACHI: Engro Corporation on Friday announced a strategic partnership with Pakistan Mobile Communications Limited...

Published 07 Dec, 2024 06:51am

Ahsan, GM China Energy International discuss 21 mega projects

ISLAMABAD: Federal Minister Ahsan Iqbal, Friday, held a meeting with general manager of China Energy International...

Published 07 Dec, 2024 06:51am

CS underscores need for introducing advance MVT payment option

KARACHI: Chief Secretary Sindh Asif Hyder Shah has proposed introducing an option for taxpayers to pay motor vehicle...

Published 07 Dec, 2024 06:51am

SMEs: SMEDA, PBA to enhance access to finance

LAHORE: The Small and Medium Enterprises Development Auth ority (SMEDA) and Pakistan Banks’ Association (PBA) ...

Published 07 Dec, 2024 06:51am

Pledge to IMF reforms

EDITORIAL: Federal Finance Minister Muhammad Aurangzeb, during a recent briefing to the National Assembly Standing...

Updated 07 Dec, 2024 08:47am

Water scarcity

EDITORIAL: Water scarcity and mismanagement of water resources has increasingly become a critical global issue,...

Updated 07 Dec, 2024 08:49am

Commodities

Gold prices fall

KARACHI: Gold prices declined fairly on Friday following a dip in the international rates, traders said. Gold lost...

Published 07 Dec, 2024 06:51am

Industry

Orangi cottages industrial area: Traders demand end to power outages

KARACHI: Small traders on Friday demanded for an immediate end to power outages in Orangi Town’s cottages...

Published 07 Dec, 2024 06:51am

Cotton & Textile

Modest trading on cotton market

LAHORE: The local cotton market on Friday remained steady and the trading volume remained satisfactory. Cotton...

Published 07 Dec, 2024 06:51am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 07 Dec, 2024 06:51am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (December...

Published 07 Dec, 2024 06:51am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (December 06, 2024). ======================== Open Bid...

Published 07 Dec, 2024 06:51am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (December 06, 2024)....

Published 07 Dec, 2024 06:51am

Companies

UAF, Pak Suzuki Motor ink agreement

FAISALABAD: The University of Agriculture Faisalabad and Pak Suzuki Motor Co. Ltd. have inked an agreement to...

Published 07 Dec, 2024 06:51am

Industry

Alternative oils: PVMA chief urges govt to cut duties

KARACHI: The Chairman Pakistan Vanaspati Manufacturers Association (PVMA) Sheikh Umer Rehan has called on the...

Published 07 Dec, 2024 06:51am

Industry

‘Capping of prices may cause closure of poultry farms’

LAHORE: The Pakistan Poultry Association (Northern Region) has issued a strong warning to the Punjab government that...

Updated 07 Dec, 2024 08:41am

Industry

PITB & GCCI ink MoU on provision of jobs

LAHORE: The Punjab Information Technology Board’s (PITB) Punjab Job Center and the Gujranwala Chamber of Commerce...

Published 07 Dec, 2024 06:51am

Iran launches heaviest space payload into orbit

Middle East

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	278.22
USD PKR Interbank Buying / Dec 11	278.12
USD to Japanese Yen / Dec 11	151.51
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.28
Euro to USD / Dec 11	1.05

Stock	Volume
S&P 500 / Dec 10	6,034.91
Nasdaq / Dec 10	19,687.24
Dow Jones / Dec 10	44,247.83
India Sensex / Dec 11	81,526.14
Tokyo Nikkei / Dec 11	39,372.23
Hang Seng / Dec 11	20,155.05
FTSE 100 / Dec 11	8,253.09
Germany DAX 30 / Dec 11	20,332.98

Item	Value
Petrol/Litre / Dec 11	252.10
Crude Oil USD/Barrel / Dec 11	68.78
Karachi Cotton PKR/37.32 KG / Dec 11	17,585
Gold 10 Grams PKR / Dec 11	243,059.70
Gold Spot USD/Ounce / Dec 11	2,690.75
Diesel/Litre / Dec 11	258.43

Gainers
Losers
Leaders

Stock	Price
Parmount Sp. / Dec 11 Paramount Spinning Mills Limited(PASM)	4.95 ▲ 0.85 (20.73%)
Grays Leasing / Dec 11 Grays Leasing Limited(GRYL)	6.28 ▲ 0.86 (15.87%)
JS Global Banking / Dec 11 JS Global Banking Sector (ETF)(JSGBETF)	22.89 ▲ 3.00 (15.08%)
Kohinoor Ind. / Dec 11 Kohinoor Industries Limited(KOIL)	9.12 ▲ 1.00 (12.32%)
I.C.C. Ind. / Dec 11 ICC Industries Limited(ICCI)	11.61 ▲ 1.06 (10.05%)
LSE Financial Serv. / Dec 11 LSE Financial Services Limited(LSEFSL)	12.51 ▲ 1.14 (10.03%)
United Brands / Dec 11 United Brands Limited(UBDL)	20.53 ▲ 1.87 (10.02%)
Gharibwal Cement / Dec 11 Gharibwal Cement Limited(GWLC)	46.16 ▲ 4.20 (10.01%)
Pakistan Hotels Developers / Dec 11 Pakistan Hotels Developers Limited(PHDL)	63.21 ▲ 5.75 (10.01%)

Stock	Price
First Fid. Leasing / Dec 11 First Fidelity Leasing Modaraba(FFLM)	2.55 ▼ -0.54 (-17.48%)
Blue-Ex Ltd / Dec 11 Blue-Ex Limited (GEM)(GEMBLUEX)	33.45 ▼ -3.72 (-10.01%)
J.A.Textile / Dec 11 J.A. Textile Mills Limited(JATM)	50.29 ▼ -5.59 (-10.00%)
Mughal Energy / Dec 11 Mughal Energy Limited(GEM)(GEMMEL)	20.39 ▼ -2.26 (-9.98%)
Hussain Industries / Dec 11 Husein Industries Limited(HUSI)	18.68 ▼ -2.07 (-9.98%)
East West Insu.(R) / Dec 11 East West Insurance Company Limited (R)(EWICR3)	23.50 ▼ -2.51 (-9.65%)
Chenab Ltd / Dec 11 Chenab Limited(CHBL)	6.99 ▼ -0.66 (-8.63%)
Hala Enterprise / Dec 11 Hala Enterprises Limited(HAEL)	14.16 ▼ -1.29 (-8.35%)
Sana Ind / Dec 11 Sana Industries Limited(SNAI)	27 ▼ -1.99 (-6.86%)

Stock	Volume
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	200,870,859 ▼ -0.01
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	150,687,962 ▲ 0.22
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	134,743,839 ▲ 0.52
Telecard Limited / Dec 11 Telecard Limited(TELE)	64,202,370 ▲ 0.31
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	60,850,821 ▲ 1.23
Lotte Chemical / Dec 11 Lotte Chemical Pakistan Limited(LOTCHEM)	54,690,818 ▲ 2.05
B.O.Punjab / Dec 11 The Bank of Punjab(BOP)	50,948,552 ▲ 0.16
Sui South Gas / Dec 11 Sui Southern Gas Company Limited(SSGC)	38,558,980 ▲ 3.36
Pak Elektron / Dec 11 Pak Elektron Limited(PAEL)	36,822,105 ▲ 1.34

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular