News Archives for Print - 2024-12-28

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Print - 2024-12-28

Stocks

Nikkei settles at 5-month closing high

TOKYO: Japan’s Nikkei share average ended at a five-month closing high on Friday, as investors bet on corporate...

Published 28 Dec, 2024 07:07am

LDA sifts 65,246 property files in 2024: DG

LAHORE: Lahore Development Authority (LDA) Director General Tahir Farooq has said that they have completed the...

Published 28 Dec, 2024 07:05am

Money & Banking

Yen rises from 5-month low

NEW YORK: The Japanese yen rose off a five-month low against the dollar on Friday after a summary of opinions from...

Published 28 Dec, 2024 07:04am

Money & Banking

Asian currencies: S Korean won at 16-year low

BENGALURU: The South Korean won dropped to a fresh 16-year-low and the stock market tumbled on Friday amid ...

Published 28 Dec, 2024 06:59am

Stocks

China stocks end mixed as factory slump persists

HONG KONG: Chinese stocks were mixed on Friday as data showed industrial profits remained under pressure, while Hong...

Published 28 Dec, 2024 06:58am

Stocks

European shares close higher on finance, healthcare boost

FRANKFURT: Europe’s STOXX 600 index clocked its first weekly advance in three on Friday, boosted by advancing...

Published 28 Dec, 2024 06:57am

Stocks

Sri Lankan shares log fifth straight weekly gains

COLOMBO: Sri Lankan shares closed higher on Friday, aided by financials and consumer discretionary stocks, and ...

Published 28 Dec, 2024 06:54am

EU team concerned over fraudulent entries on Google Maps

ISLAMABAD: The European Union (EU) delegation in Islamabad has expressed serious concern over the presence of...

Published 28 Dec, 2024 06:52am

I&P Directorate printed 3,376,510 passports since July 1, 2024: DG

ISLAMABAD: The Immigration and Passport (I&P) directorate has printed 3,376,510 passports since July 1, this...

Published 28 Dec, 2024 06:50am

Lahore BISE declares Second Inter Exam results

LAHORE: Lahore Board of Intermediate and Secondary Education (BISE) on Friday declared second annual intermediate...

Published 28 Dec, 2024 06:47am

School registration: LHC instructs govt to make buses mandatory

LAHORE: The Lahore High Court on Friday instructed the provincial government to make school buses mandatory for...

Published 28 Dec, 2024 06:39am

NIPA holds graduation ceremony

ISLAMABAD: President of the Economic Policy and Business Development Think Tank (EPBDT) Senator Anwaarul Haq Kakar...

Published 28 Dec, 2024 06:36am

Omar Ayub reacts to ISPR presser

ISLAMABAD: The opposition leader in National Assembly and senior Pakistan Tehreek-e-Insaf (PTI) leader Omar Ayub ...

Published 28 Dec, 2024 06:29am

‘Only 2bn litres of milk meet international standard’

LAHORE: Though Pakistan is the 5th largest milk producer globally, only 2 billion out of 30 billion litres of milk...

Published 28 Dec, 2024 06:22am

PFD retrieves 35 acres of govt land in Muzaffargarh

LAHORE: The Punjab Forest Department (PFD), during its ongoing operations against land grabbers, retrieved 35 acres...

Published 28 Dec, 2024 06:14am

SAU, HYKAZ AESP to launch scholarship initiative

HYDERABAD: Sindh Agriculture University (SAU) Tandojam has entered into an agreement with the HYKAZ Aamnat Education...

Published 28 Dec, 2024 06:10am

Zardari urges nation to draw inspiration from BB’s vision

ISLAMABAD: President Asif Ali Zardari urged the nation to draw inspiration from Benazir Bhutto’s vision to steer...

Published 28 Dec, 2024 06:09am

Aleem condoles over Azeri plane crash deaths

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

Published 28 Dec, 2024 05:59am

The Weather

KARACHI: The weather report on Friday (December 27, 2024) and the forecast for Saturday (December 28, 2024)...

Published 28 Dec, 2024 05:59am

Arresting human traffickers: Bureaucracy given one-week deadline

ISLAMABAD: On the heels of failure of Interior Ministry to tighten the noose around the human traffickers, Prime...

Published 28 Dec, 2024 05:59am

Two more poliovirus cases confirmed, tally soars to 67

ISLAMABAD: The Regional Reference Laboratory (RFL) for polio eradication at the National Institute of Health (NIH),...

Published 28 Dec, 2024 05:59am

Warring tribes of Kurram fail to strike peace deal

ISLAMABAD: Warring tribes of Kurram District were not able to strike a peace deal despite majority of talking points...

Published 28 Dec, 2024 05:59am

Punjab CM launches ‘record’ farmer-friendly programmes

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has set a record by launching new projects aimed at empowerment of...

Published 28 Dec, 2024 05:59am

Nawaz Institute of Cancer Treatment being set up

LAHORE: Punjab Health Minister Khawaja Salman Rafique has said the provincial government is taking steps for ...

Published 28 Dec, 2024 05:59am

Austrian delegation meets minister: Punjab’s efforts towards minorities’ rights acknowledged

LAHORE: Austrian Ambassador Andree Wick along with a delegation met the provincial Minister for Minorities, Ramesh...

Published 28 Dec, 2024 05:59am

Rural areas of Punjab: PA Speaker voices his concern over low rate of municipal tax payments

LAHORE: Speaker of the Provincial Assembly, Malik Muhammad Ahmed Khan on Friday expressed concern over the low rate...

Published 28 Dec, 2024 05:59am

Johar Jawans, North Nawabs and Clifton Popular secure victories in KTPL

LAHORE: The 13th day of the Karachi Tape Ball Premier League (KTPL) hosted three matches, with impressive...

Published 28 Dec, 2024 05:59am

CCP allows Gallant Energy shareholding acquisition

ISLAMABAD: The Competition Commission of Pakistan (CCP) has authorised acquisition of 100 percent shareholding of ...

Published 28 Dec, 2024 05:59am

Rates

Stocks recoup losses

KARACHI: Pakistan Stock Exchange on Friday witnessed a bullish trend and closed on strong positive note with healthy...

Published 28 Dec, 2024 05:59am

ISPR lashes out at Afghan govt

ISLAMABAD: Lieutenant General Ahmed Sharif Chaudhry, director general of the Inter-Services Public Relations (DG...

Published 28 Dec, 2024 05:59am

Take ‘decisive action’ against TTP, PM asks Afghan govt

ISLAMABAD: Prime Minister Shehbaz Sharif Friday reiterated his call for Afghan government to take decisive actions...

Published 28 Dec, 2024 05:59am

Maryam pays tributes to Benazir

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has said that Benazir Bhutto’s services for democracy will be...

Published 28 Dec, 2024 05:59am

‘Imran is just an excuse, real target is N-programme’: says Bilawal

KARACHI: Apparently referring to the statements by President-elect Trump’s aide and other US lawmakers, Pakistan...

Published 28 Dec, 2024 05:59am

AJK Assembly passes resolution against US sanction

MUZAFRABAD: The Azad Jammu and Kashmir (AJK) Assembly has unanimously passed a resolution condemning the US sanction...

Updated 28 Dec, 2024 08:54am

Stocks

Wall St slides at end of strong holiday-shortened week

NEW YORK: Tech and growth stocks dragged Wall Street’s main indexes lower on Friday, at the end of an upbeat...

Published 28 Dec, 2024 05:59am

DG Passports tenders unconditional apology

ISLAMABAD: The Director General Passports and Immigration tendered an unconditional apology on Friday to Pakistan...

Published 28 Dec, 2024 05:59am

Sector C-14 Development Project inaugurated: CDA ordered to take action against land mafia

ISLAMABAD: Interior Minister Mohsin Naqvi on Friday directed the Capital Development Authority (CDA) to take action...

Published 28 Dec, 2024 05:59am

Commodities

Gold prices fall sharply

KARACHI: Gold prices saw a noticeable decline on Friday, mirroring the global market’s slight dip, traders said....

Published 28 Dec, 2024 05:59am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (December 27, 2024). ==================================== BR...

Published 28 Dec, 2024 05:59am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (December 27, 2024)....

Published 28 Dec, 2024 05:59am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (December 27, 2024). ======================== Open Bid...

Published 28 Dec, 2024 05:59am

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 28 Dec, 2024 05:59am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (December 27, 2024). ========================== KIBOR...

Published 28 Dec, 2024 05:59am

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 28 Dec, 2024 05:59am

PARTLY FACETIOUS: PPP has a plate that may have biryani, but they want barbecue

“Battles, battles everywhere and ne’er a war to win.” “Isn’t Coleridge’s quote; water, water everywhere...

Published 28 Dec, 2024 05:59am

Letters

‘Betrayed but not derailed’

This is apropos an op-ed “Betrayed but not derailed” carried by the newspaper yesterday. The writer, Dr Saulat...

Published 28 Dec, 2024 05:59am

Tragedies on the high seas

It was in June just last year that 209 Pakistanis and 28 from Pakistan-administered Kashmir drowned off the Greek...

Updated 28 Dec, 2024 07:22am

To live with dignity

The tragedy of migrants losing life on the high seas has become a sad phenomenon repeated one after another. In June...

Updated 28 Dec, 2024 07:19am

Nov FCA: KE set to refund Rs7bn to consumers

ISLAMABAD: K-Electric (KE) is all set to refund Rs7.179 billion to its consumers against their bills of November...

Updated 28 Dec, 2024 03:08pm

Report highlights renewed focus on agri sector

KARACHI: The corporate and financial sectors are investing to develop the agriculture sector. This view emerged at...

Published 28 Dec, 2024 05:59am

Listed cos: stock split guidelines

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given approval to the Pakistan Stock...

Published 28 Dec, 2024 05:59am

Companies

JS Investments launches Lahore’s first ‘Digital Wealth Centre’

LAHORE: JS Investments, Pakistan’s premier asset management company, has launched Lahore’s first Digital Wealth...

Published 28 Dec, 2024 05:59am

Girl-child marriages

EDITORIAL: At a recent workshop on “ Sexual and Reproductive Health and child marriages: Challenges and the Way...

Updated 28 Dec, 2024 07:17am

‘Key drivers of economic development’

EDITORIAL: Prime Minister Shehbaz Sharif only stated the obvious at the D-8 summit in Cairo when he termed the youth...

Updated 28 Dec, 2024 07:32am

Prize bonds’ redemption date

KARACHI: The last date for the redemption of National Prize Bonds of Rs.7,500, Rs.15,000, Rs.25,000, and Rs.40,000...

Published 28 Dec, 2024 05:59am

Industry

Large-scale tax evasion: LCCI hails govt’s announcement

LAHORE: The Lahore Chamber of Commerce and Industry on Friday welcomed the government’s recent announcement to...

Published 28 Dec, 2024 05:59am

FBR issues new procedure for customs agents’ licences

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a new procedure for grant/ renewal of customs agents...

Updated 28 Dec, 2024 02:40pm

SBP unveils updated regulatory framework for ECs

KARACHI: The State Bank of Pakistan (SBP) on Friday revised the regulatory guidelines for exchange companies and...

Updated 28 Dec, 2024 09:30am

Gas supply resumption: SIFC directs JJCL, SSGCL to seal deal by Jan 15th

ISLAMABAD: The Special Investment Facilitation Council (SIFC) has directed Jamshoro Joint Venture Limited (JJCL) and...

Updated 28 Dec, 2024 03:09pm

Cabinet resolves seminary bill row

ISLAMABAD: The cabinet Friday seemingly resolved the controversy surrounding the Societies Registration (Amendment)...

Updated 28 Dec, 2024 03:08pm

Energy

Irked by gas shortages, PM calls for reform

ISLAMABAD: Taking notice of complaints by the domestic consumers, Prime Minister Shehbaz Sharif on Friday directed...

Published 28 Dec, 2024 05:59am

Jam may face tough questions during Seoul visit

ISLAMABAD: Commerce Minister Jam Kamal is likely to face tough questions from South Korean authorities regarding the...

Updated 28 Dec, 2024 05:05pm

Changes in banking sector’s ADR: Cabinet approves promulgation of tax ordinance

ISLAMABAD: The federal cabinet has granted approval to promulgation of an Income Tax Ordinance for bringing changes...

Updated 28 Dec, 2024 05:54pm

Cabinet renews licences of four firms involved in explosives import, export

ISLAMABAD: The Federal Cabinet has extended licences of four existing firms engaged in export and import of...

Updated 28 Dec, 2024 02:41pm

Clearance of overdue urea subsidy payments: ECC asks ministry to persuade provinces

ISLAMABAD: The Economic Coordination Committee (ECC) has directed the Ministry of Industries and Production...

Updated 28 Dec, 2024 04:14pm

Jul-Dec: SOEs post staggering Rs408bn losses

Brings accumulated losses since 2014 to Rs5.9 trillion till December 2024

Updated 28 Dec, 2024 05:12pm

Companies

Shareholders overwhelmingly back Bank Makramah restructuring

KARACHI: The shareholders of Bank Makramah Limited (BML) have overwhelmingly approved the scheme of arrangement for...

Published 28 Dec, 2024 05:59am

Japan approves record budget for ageing population, defence

TOKYO: Japan’s government on Friday approved a record budget for the next fiscal year, ramping up spending on...

Published 28 Dec, 2024 05:59am

Statistics

SPI inflation up WoW

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended December 27, 2024, increased by 0.80...

Published 28 Dec, 2024 05:59am

Dec inflation expected to hold in 4-5pc range: FD

ISLAMABAD: Finance Division while anticipating optimistic outlook for the ongoing fiscal year with inflation to...

Published 28 Dec, 2024 05:59am

Termination of enforcement actions against NBP

KARACHI: National Bank of Pakistan (NBP) has announced that the Federal Reserve Board, USA has declared the...

Published 28 Dec, 2024 05:59am

Taxes

Tax violations: Crackdown against marriage halls launched

KARACHI: Regional Tax Office-I (RTO-I) has launched crackdown against marriage halls in Karachi for alleged tax...

Published 28 Dec, 2024 05:59am

Industry

Two-day ‘Swat Trade Show’ begins today

KARACHI: The Trade Development Authority of Pakistan (TDAP) is organizing Swat Trade Show 2024, scheduled from...

Published 28 Dec, 2024 05:59am

Industry

Pakistan’s ambassador to US visits KCCI

KARACHI: Pakistan’s Ambassador to the United States, Rizwan Saeed Sheikh has stated that while the relationship...

Published 28 Dec, 2024 05:59am

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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