News Archives for Print - 2024-12-22

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 Aleem Khan on Saturday quoting her...

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

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

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

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

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

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

‘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

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

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 12:47pm

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

‘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

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

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

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

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

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

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

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

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

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

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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