News Archives for Print - 2024-12-08

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Print - 2024-12-08

‘Fake govt’ can’t solve problems facing nation: JI chief

LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem-ur-Rehman has criticized the government’s policies, calling them...

Published 08 Dec, 2024 02:56am

SC constitutional bench set to hear important cases next week

ISLAMABAD: The constitutional bench of the Supreme Court will hear several important cases, including appeal against...

Published 08 Dec, 2024 02:56am

Sindh CM explains what actually constitutes true leadership

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, Patron of IBA Karachi, one of Pakistan’s premier institutions ...

Published 08 Dec, 2024 02:56am

Italian navy ship Amerigo Vespucci arrives on 3-day visit

KARACHI: Italian Navy’s sailing and training ship, ITS Amerigo Vespucci, arrived at Karachi Port for a three-day...

Published 08 Dec, 2024 02:56am

Justice Mansoor for juvenile courts at district level

ISLAMABAD: Justice Syed Mansoor Ali Shah on Saturday underscored the need for working together to create a...

Published 08 Dec, 2024 02:56am

Energy

LESCO official fired for involvement in power theft

LAHORE: In a bid to curb power theft and corruption, the Lahore Electric Supply Company (LESCO) has terminated the...

Published 08 Dec, 2024 02:56am

ATC issues non-bailable arrest warrants for PTI leaders

LAHORE: An antiterrorism court on Saturday issued non-bailable arrest warrants of PTI former MNA Aliya Hamza Malik,...

Published 08 Dec, 2024 02:56am

Commodities

Gold prices slightly down

KARACHI: Gold saw a little fall on Saturday, reflecting the global market’s sluggish trend, traders said. Gold...

Published 08 Dec, 2024 02:56am

Sharp drop in temperature in next two days likely

KARACHI: The city is likely to embrace cool nights with a sharp drop in temperature in the next two days, the Met...

Published 08 Dec, 2024 02:56am

‘Medication errors claim over 500,000 lives annually’

KARACHI: Medication errors, compounded by the lack of trained pharmacists, are causing over 500,000 deaths annually...

Published 08 Dec, 2024 02:56am

ESUP hosts Asif Hyder Shah as distinguished guest speaker

KARACHI: The English Speaking Union of Pakistan (ESUP) recently hosted Syed Asif Hyder Shah, Chief Secretary of the...

Published 08 Dec, 2024 02:56am

The Weather

KARACHI: The weather report on Saturday (December 07, 2024) and the forecast for Sunday (December 08, 2024)...

Published 08 Dec, 2024 02:56am

Letters

‘How did Ali Sobh become a mega-millionaire?’

This is apropos a letter to the Editor by this writer carried by the newspaper yesterday. I would like to add to ...

Published 08 Dec, 2024 02:56am

Energy

Oil prices fall on supply glut fears

NEW YORK: Oil prices fell by more than 1% on Friday and cemented weekly losses as analysts projected a supply ...

Published 08 Dec, 2024 02:56am

Going cashless

Cash transactions continue to dominate Pakistan’s economy, with much of the activity occurring in the informal...

Published 08 Dec, 2024 02:56am

People’s Bus Service: Govt to construct all bus stops by Jan

KARACHI: Sindh government has decided to complete the construction of 40 bus stops for the People’s Bus Service...

Published 08 Dec, 2024 02:56am

Customs seizes 8 containers loaded with usable batteries

KARACHI: The Collectorate of Customs Enforcement (CCE) has seized eight containers loaded with 6,748 usable ...

Published 08 Dec, 2024 02:56am

Mediation key to resolving debt, insolvency disputes: Justice Mansoor

ISLAMABAD: Justice Mansoor Ali Shah Saturday highlighted the pivotal role that mediation can play in resolving...

Published 08 Dec, 2024 02:56am

LHC says MoI has no power to transfer officers to PITAC

LAHORE: The Lahore High Court (LHC) held that the Ministry of Industries has no jurisdiction to transfer the...

Published 08 Dec, 2024 02:56am

Justice Mansoor dismisses rumours about his resignation

ISLAMABADL Justice Mansoor Ali Shah dismissed the rumours regarding his resignation as a judge of the Supreme Court,...

Published 08 Dec, 2024 02:56am

‘Dazzling’ Notre Dame re-opens five years after fire

PARIS: France on Saturday prepared to throw open the doors of the capital’s Notre Dame cathedral after a...

Published 08 Dec, 2024 02:56am

No concerns over Trump vow to lift LNG exports cap: Qatar minister

DOHA: Qatar has no concerns about US President-elect Donald Trump’s promise to lift a cap on liquefied natural gas...

Published 08 Dec, 2024 02:56am

Licences will be revoked for delayed cane crushing, PSMA warned

ISLAMABAD: Federal Minister for Industries and Production, Rana Tanveer Hussain on Saturday made it crystal clear to...

Published 08 Dec, 2024 02:56am

Bangladesh and Pakistan vow to increase bilateral trade

KARACHI: Bangladesh and Pakistan vowed to increase the bilateral trade volume with wider business-to-business...

Published 08 Dec, 2024 02:56am

Prices of kitchen items show declining trend

ISLAMABAD: The prices of the most essential kitchen items have witnessed a declining trend during this week past...

Published 08 Dec, 2024 02:56am

Cotton & Textile

Spot rate unchanged on cotton market

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

Published 08 Dec, 2024 02:56am

Commodities

Gold higher after US jobs report supports rate cut bets

NEW YORK: Gold prices inched up on Friday after the November US job growth report suggested the labour market...

Published 08 Dec, 2024 02:56am

Commodities

Palm oil falls as weather improves in Malaysia

JAKARTA: Malaysian palm oil futures declined on Friday on easing supply concerns, as weather improved in the...

Published 08 Dec, 2024 02:56am

Commodities

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 13.903 ...

Published 08 Dec, 2024 02:56am

Commodities

Copper hits three-week high on supply concerns

LONDON: Copper prices touched a three-week high on Friday, boosted by declines in Chinese inventories and concerns...

Published 08 Dec, 2024 02:56am

Pakistan’s semiconductor policy

EDITORIAL: Recently, drafting of a “Semiconductor Policy and Action Plan” by the Ministry of Information...

Published 08 Dec, 2024 02:56am

Give dialogue a chance

EDITORIAL: In a political climate ridden with strife and conflict, the PPP’s decision on December 2 to engage in...

Published 08 Dec, 2024 02:56am

Cotton & Textile

Govt plans to transform Bahawalpur into ‘Cotton Valley’

LAHORE: The Punjab government has chalked out a comprehensive plan to transform Bahawalpur into a “Cotton ...

Published 08 Dec, 2024 02:56am

JICA commemorates 70 years of its ODA to Pakistan

Companies

The rules cover Azerbaijan’s cargo imported through Karachi Port, Port Muhammad Bin Qasim and Gwadar Port and Azerbaijan’s cargo to other countries through Karachi Port, Port Muhammad Bin Qasim and Gwadar Port

Updated 08 Dec, 2024 04:46pm

Services in 8 areas before Rousch plant takeover: NPPMCL seeks exemption from PPRA rules

ISLAMABAD: The National Power Parks Management Company (NPPMCL) has sought exemption from PPRA rules to procure...

Updated 08 Dec, 2024 09:40am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Petrol/Litre / May 15	252.63
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Diesel/Litre / May 15	256.64
Cotton US¢/pound / May 15	65.21

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.70 ▲ 0.46 (14.2%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
S.G.Power / May 15 S.G. Power Limited(SGPL)	8.65 ▲ 0.94 (12.19%)
Premier Insurance / May 15 Premier Insurance Limited(PINL)	5.83 ▲ 0.63 (12.12%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Olympia Mills / May 15 Olympia Mills Limited(OML)	50.47 ▼ -5.06 (-9.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.65 ▼ -2.64 (-9.01%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	10.04 ▼ -0.91 (-8.31%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
Imperial Limited / May 15 Imperial Limited(IML)	16.52 ▼ -1.23 (-6.93%)
B. F. Mod. / May 15 B.F. Modaraba(BFMOD)	8.73 ▼ -0.61 (-6.53%)
Punjab Oil / May 15 Punjab Oil Mills Limited(POML)	186.82 ▼ -11.54 (-5.82%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Pakgen Power / May 15 Pakgen Power Limited(PKGP)	114.14 ▼ -6.39 (-5.3%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.34 ▼ -0.68 (-5.22%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	50,818,876 ▲ 2.68
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	47,570,881 ▲ 0.48
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	40,246,546 ▲ 0.16
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	32,888,417 ▲ 0.18
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	29,667,657 ▲ 4.48
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	25,344,612 ▲ 0.91
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	21,773,148 ▲ 0.29
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	16,962,449 ▲ 3.34
B.O.Punjab / May 15 The Bank of Punjab(BOP)	16,957,410 ▲ 0.15
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	16,572,822 ▲ 0.03

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