News Archives for Print - 2024-12-22

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Print - 2024-12-22

Pope slams cruelty of strike killing Gaza children

VATICAN CITY: Pope Francis on Saturday condemned the bombing of children in Gaza as “cruelty”, a day after the...

Published 22 Dec, 2024 02:57am

Energy

Oil prices steady as markets weigh Fed rate cut expectations, Chinese demand

HOUSTON: Oil prices settled little changed on Friday as markets weighed Chinese demand and interest rate-cut...

Published 22 Dec, 2024 02:57am

Commodities

Soybeans extend gains in technical rebound, wheat hits new lows

CHICAGO: Chicago soybean futures rose on Friday, driven by short-covering ahead of the weekend and technical buying,...

Published 22 Dec, 2024 02:57am

Energy

US natural gas prices jump

NEW YORK: US natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder...

Published 22 Dec, 2024 02:57am

Commodities

Palm oil extends losses

KUALA LUMPUR: Malaysian palm oil futures ended lower on Friday and posted a second consecutive weekly loss, ...

Published 22 Dec, 2024 02:57am

Commodities

Asia coffee: Quiet trade ahead of Christmas break, low supplies in Vietnam

HANOI/BANDAR LAMPUNG, (Indonesia): Coffee trading activities were thin in Vietnam this week ahead of Christmas, with...

Published 22 Dec, 2024 02:57am

Commodities

Japanese rubber futures up

SINGAPORE: Japanese rubber futures edged higher on Friday helped by a softer yen but prices logged a second...

Published 22 Dec, 2024 02:57am

Energy

LESCO recovers over Rs8m from 446 defaulters

LAHORE: The Lahore Electric Supply Company (LESCO) recovered over Rs 8 million from 446 defaulters in collaboration...

Published 22 Dec, 2024 02:57am

Naya Nazimabad conducts Wheelchair Basketball Tournament

KARACHI: Naya Nazimabad has successfully conducted All Karachi Wheelchair Basketball Tournament that brought a new...

Published 22 Dec, 2024 02:57am

At least 13 dead in two crowd crushes in Nigeria

LAGOS: At least 13 people died in two incidents in Nigeria on Saturday as crowds, mostly women and children,...

Published 22 Dec, 2024 02:57am

The ‘atheist’ Saudi refugee suspected of Germany attack

RIYADH, (Saudi Arabia): The suspected perpetrator of a deadly ramming at a Christmas market in the German city of...

Published 22 Dec, 2024 02:57am

Biden approves $571m in defence support for Taiwan

WASHINGTON: US President Joe Biden on Friday agreed to provide $571.3 million in defense support for Taiwan, the...

Published 22 Dec, 2024 02:57am

Arrest warrants for Netanyahu-III

Evidence used in command responsibility cases There are three pillars of command responsibility: knowledge,...

Published 22 Dec, 2024 02:57am

JI protests against water shortage

KARACHI: Jamaat-e-Islami Karachi Chief, Munim Zafar Khan, led a protest at Fresco Chowk, Burns Road on Saturday,...

Published 22 Dec, 2024 02:57am

Punjab farmers to receive subsidised agri machinery

LAHORE: The Punjab Agriculture Department announced that farmers will receive agricultural machinery and equipment...

Published 22 Dec, 2024 02:57am

Officials asked to send medicines to Kurram

LAHORE: “It is time for service not politics, the people of Kurram are in trouble, I pray that situation and...

Published 22 Dec, 2024 02:57am

Aleema says quoting her brother: PTI’s movement for ‘a halt in remittances’ to begin today

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan’s sister Aleema Khan on Saturday quoting her...

Updated 22 Dec, 2024 04:53pm

Capital witnesses rising incidence of vehicle thefts, robberies

ISLAMABAD: A spate of car thefts and robberies has left Islamabad residents shaken, with 42 vehicles, including 37...

Published 22 Dec, 2024 02:57am

Murad discusses transformative police reforms

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has emphasised his government’s commitment to strengthening the...

Published 22 Dec, 2024 02:57am

Global poll: ‘Almost half of taxpayers don’t see their taxes being spent for public good’

KARACHI: Across the globe taxpayers support the idea of a fiscal contract – citizens agreeing to pay tax in...

Published 22 Dec, 2024 02:57am

Govt schools in province will be solarized: Nasir Shah

KARACHI: Provincial Minister for Energy, Development and Planning Sindh Syed Nasir Hussain Shah has said that all...

Published 22 Dec, 2024 02:57am

PCDMA concerned at consignments backlog at ports

KARACHI: Salim Valimohammad, Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), has...

Published 22 Dec, 2024 02:57am

Thar Foundation launches skill development programme for women

KARACHI: Thar Foundation has signed a Memorandum of Understanding (MoU) to launch a transformative skill development...

Published 22 Dec, 2024 02:57am

Women farmers lead nutrition revolution with zinc-enriched wheat in Sindh, Punjab

KARACHI: Women farmers in rural areas of Sindh and Punjab are driving a nutritional revolution by cultivating...

Published 22 Dec, 2024 02:57am

AWWT distributes winter packages

KARACHI: Alkhidmat Women’s Wing Trust has taken a commendable step towards supporting underprivileged families by...

Published 22 Dec, 2024 02:57am

Zardari pays tribute to security forces

ISLAMABAD: President Asif Ali Zardari paid tribute to the security forces for successfully foiling an infiltration...

Published 22 Dec, 2024 02:57am

SACM of Sindh for Food conducts emergency visit to H’abad

HYDERABAD: The Special Assistant to the Chief Minister of Sindh for Food, Abdul Jabbar Khan, conducted an emergency...

Published 22 Dec, 2024 02:57am

Annual report highlights PFA’s success

LAHORE: The Punjab Food Authority (PFA) inspected over 1,026,000 units during the calendar year 2024 leading to the...

Published 22 Dec, 2024 02:57am

ATC grants Bushra Bibi interim bail in 32 cases

RAWALPINDI: The Anti-Terrorism Court (ATC), on Saturday, granted interim bail to Pakistan Tehreek-e-Insaf (PTI)...

Published 22 Dec, 2024 02:57am

Dr Bhutta honoured

KARACHI: Dr Zulfiqar Ahmed Bhutta, a prominent figure in maternal and child health, has been appointed as an Officer...

Published 22 Dec, 2024 02:57am

Four terrorists killed near Pak-Afghan border

ISLAMABAD: Pakistani security forces successfully thwarted an infiltration attempt by a group of terrorists near the...

Published 22 Dec, 2024 02:57am

May 9 riots: Military courts award 2-10 years jail terms to 25 civilians

ISLAMABAD: The Inter-Services Public Relations (ISPR) has announced the sentencing of individuals involved in the ...

Published 22 Dec, 2024 02:57am

Commodities

Indonesia to hike crude palm oil export levy to 1pc

JAKARTA: Indonesia will increase its export levy for crude palm oil (CPO) to 10% from the current 7.5% to finance...

Published 22 Dec, 2024 02:57am

Commodities

Copper prices edge up

LONDON: Copper prices edged up on Friday from a five-week low hit in the previous session but were on track for a...

Published 22 Dec, 2024 02:57am

Commodities

German farmers plant more winter wheat, rapeseed for 2025 crop

HAMBURG: Germany’s winter wheat sown area for the 2025 harvest has been increased by 12.3% on the year to about ...

Published 22 Dec, 2024 02:57am

Commodities

Gold climbs after soft US inflation data

NEW YORK: Gold prices extended gains on Friday, supported by a softer dollar and Treasury yields after US economic...

Published 22 Dec, 2024 02:57am

Commodities

Iron ore posts weekly loss as seasonally weak demand weighs

BEIJING: Iron ore futures prices fell for a fourth straight session on Friday and were set for a weekly loss,...

Published 22 Dec, 2024 02:57am

The Weather

KARACHI: The weather report on Saturday (December 21, 2024) and the forecast for Sunday (December 22, 2024)...

Published 22 Dec, 2024 02:57am

Taxes

Imposition of Agri tax from Jan 2025: Experts urge need to engage rural youth in agri productive activities

ISLAMABAD: Leading agriculture experts Saturday strongly recommended that there is an urgent need to engage rural...

Published 22 Dec, 2024 02:57am

Colluding to influence fresh milk prices: CCP imposes penalties on three dairy associations

ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed penalties on three dairy associations in Karachi...

Updated 22 Dec, 2024 09:34am

Europe flights to revive PIA sell-off prospects: Aleem

ISLAMABAD: Federal Minister for Privatisation, Board of Investment and Communications, Abdul Aleem Khan Saturday ...

Published 22 Dec, 2024 02:57am

Mobile phones worth $570.167m imported during Jul-Nov FY25

ISLAMABAD: The country imported mobile phones worth $570.167 million in the first five months (July-November) of the...

Published 22 Dec, 2024 02:57am

TTP and al-Qaeda

EDITORIAL: The international community ignores Pakistan’s warning that TTP (Tehreek-e-Taliban Pakistan) could...

Published 22 Dec, 2024 02:57am

Sold into slavery

EDITORIAL: Trafficking in human beings, a modern form of slavery, is on the rise across the world as poverty,...

Published 22 Dec, 2024 02:57am

Inordinately delayed LG polls

EDITORIAL: Our governing politicians are unwilling to embrace the idea of devolution of power to the grassroots....

Published 22 Dec, 2024 02:57am

Letters

SAARC: India is part of the problem; it is unwilling to become a solution

According to media reports, the SAARC Chamber of Commerce and Industry has said the intra-trade among SAARC ...

Published 22 Dec, 2024 02:57am

Commodities

Gold prices soar

KARACHI: Gold prices bounced back with a huge gain on Saturday following the global market’s noticeable recovery,...

Published 22 Dec, 2024 02:57am

Industry

TDAP holds webinar to unlock Ethiopian market for Pak agro, food products

KARACHI: The International Markets Development Division (Africa Desk) of the Trade Development Authority of Pakistan...

Published 22 Dec, 2024 02:57am

Prices of kitchen items show increasing trend

ISLAMABAD: The prices of essential kitchen items especially vegetables have witnessed an increasing trend during ...

Published 22 Dec, 2024 02:57am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (December 21, 2024)...

Published 22 Dec, 2024 02:57am

Cotton & Textile

Spot rate unchanged amid slow activity

LAHORE: The local cotton market on Saturday remained steady and the trading volume remained a little low. Cotton...

Published 22 Dec, 2024 02:57am

PHMA, PRGMEA for reducing business cost for export-oriented industry

LAHORE: The value-added export-oriented textile industry should be given the top priority of the government,...

Published 22 Dec, 2024 02:57am

Missile capabilities: Pakistan dismisses US concerns

ISLAMABAD: Pakistan on Saturday rejected the concerns raised by the United States regarding the alleged perceived...

Updated 22 Dec, 2024 11:51am

Senate panel asks Pesco to resolve issues facing industry

ISLAMABAD: The Senate Standing Committee on Power has directed the Peshawar Electric Supply Company (Pesco) to...

Updated 22 Dec, 2024 09:33am

JCP gives CB judges six-month extension

ISLAMABAD: The Judicial Commission of Pakistan (JCP) by a majority approved an extension in the period of already...

Updated 22 Dec, 2024 09:33am

‘Judges for CBs, HCs’: Justice Mansoor says ‘rules must provide mechanism, criteria’

ISLAMABAD: Justice Syed Mansoor Ali Shah said the proposed rules under Article 175 (A) (4) of the Constitution must...

Updated 22 Dec, 2024 09:32am

Equities outperform major asset classes

KARACHI: Pakistan Equities outperformed major asset classes in 2024 as the benchmark KSE-100 Index provided a gain...

Updated 22 Dec, 2024 09:31am

Piqued by huge tax evasion, PM orders crackdown

Premier calls for the rapid implementation of video analytics in the cement and tobacco industries

Updated 22 Dec, 2024 05:34pm

Airport outsourcing: Dar-led panel to approve PAA’s recommendations

ISLAMABAD: Deputy Prime Minister Ishaq Dar chaired the meeting of the steering committee on outsourcing of the...

Updated 22 Dec, 2024 09:31am

‘Tax laws (amendment) bill likely to be challenged in courts’

ISLAMABAD: The Tax Laws (Amendment) Bill, 2024 is likely to be challenged in courts due to the imposition of...

Updated 22 Dec, 2024 09:26am

PTI rejects award of sentences by military courts

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has categorically rejected the award of sentences to over two dozen...

Updated 22 Dec, 2024 09:30am

Imran sets up team for talks with govt: Omar

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) senior leader and Leader of Opposition in the National Assembly, Omar Ayub...

Updated 22 Dec, 2024 09:27am

Industry

KCCI chief for expediting consignment clearance processes at ports

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani, while expressing deep...

Published 22 Dec, 2024 02:57am

Industry

FPCCI participates in D-8 CCI General Assembly meeting in Cairo

KARACHI: Atif Ikram Sheikh, President FPCCI, has informed that the apex body has participated in the Developing ...

Published 22 Dec, 2024 02:57am

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 2	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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