News Archives for Print - 2024-12-29

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Print - 2024-12-29

South Asia

China, Iran agree ME ‘not a battleground for big powers’

BEIJING: The top diplomats of China and Iran agreed Saturday that the Middle East is “not a battleground for the big...

Published 29 Dec, 2024 02:48am

The Weather

KARACHI: The weather report on Saturday (December 28, 2024) and the forecast for Sunday (December 29, 2024)...

Published 29 Dec, 2024 02:48am

No compromise on May 9 events during talks with PTI: Tarar

GUJRANWALA: Federal Minister for Information, Broadcasting, National Heritage, and Culture Attaullah Tarar...

Published 29 Dec, 2024 02:48am

Bond with Kashmir unbreakable: Muqam

ISLAMABAD: Federal Minister for States and Frontier Regions (SAFRON), Kashmir and Gilgit Baltistan Affairs, Engr ...

Published 29 Dec, 2024 02:48am

Zardari vows to uphold ‘Bhutto family’s legacy’ of serving humanity

SUKKUR: President Asif Ali Zardari on Saturday vowed to keep up the Bhutto family’s legacy of public service,...

Published 29 Dec, 2024 02:48am

Waste management outsourcing process to complete by Feb 12

MULTAN: Provincial Minister for Local Government and Community Development (LG&CD) Zeeshan Rafique said on...

Published 29 Dec, 2024 02:48am

ASF thwarts drug smuggling attempt at Faisalabad Airport

KARACHI: Airport Security Force (ASF) on Saturday successfully thwarted a drug smuggling attempt at Faisalabad...

Published 29 Dec, 2024 02:48am

K2 Airways commences domestic cargo services

KARACHI: A private airline of Pakistan, K2 Airways, on Saturday commenced its domestic cargo flight operation and ...

Published 29 Dec, 2024 02:48am

JI praises youth’s interest in IT sector

KARACHI: Chief of Jamaat-e-Islami Karachi, Munim Zafar Khan, has expressed optimism about Pakistan’s future, ...

Published 29 Dec, 2024 02:48am

Conference on ‘Open Source Systems, Tech’ held

LAHORE: The 18th two-day international conference on ‘Open Source Systems and Technologies’ was held at the...

Published 29 Dec, 2024 02:48am

Six members of a family die in road accident

FAISALABAD: Six members of a family, five little children among them, were killed and three others injured in a road...

Published 29 Dec, 2024 02:48am

LHC directs govt to revamp manufacturing units in jails

LAHORE: The Lahore High Court directed the government to revamp the jail industries, equip the inmates with ...

Published 29 Dec, 2024 02:48am

Wahab says ‘public should not be tormented in the guise of protests’

KARACHI: Mayor Karachi Barrister Murtaza Wahab said that no one would be allowed to disturb the public under the...

Published 29 Dec, 2024 02:48am

PFA reinforces commitment to food safety

LAHORE: Special Assistant to the Chief Minister Punjab, Salma Butt, on Saturday visited Punjab Food Authority...

Published 29 Dec, 2024 02:48am

Iran says 2025 ‘important year’ for nuclear issue

DUBAI: Iran, bracing for a possible re-imposition of incoming US president Donald Trump’s “maximum pressure”...

Published 29 Dec, 2024 02:48am

Trump asks US Supreme Court to pause law threatening TikTok ban

WASHINGTON: US President-elect Donald Trump filed a brief Friday urging the Supreme Court to pause a law that would...

Published 29 Dec, 2024 02:48am

Europe

WHO chief says narrowly escaped death in Israeli strikes on Yemen airport

GENEVA: The head of the World Health Organization said Saturday he only narrowly escaped death in fatal Israeli...

Published 29 Dec, 2024 02:48am

PHMEA irked by raids on various factories in Faisalabad

FAISALABAD: The Coordinator of the Minister for Labour and Human Resources Punjab has started conducting raids on...

Published 29 Dec, 2024 02:48am

Minister inaugurates roads in Shad Bagh area

LAHORE: Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman has reiterated the Punjab government’s commitment to...

Published 29 Dec, 2024 02:48am

SAU hosts conference on CPEC energy infrastructure

HYDERABAD: A two-day international conference, hosted by Sindh Agriculture University (SAU) Tandojam, is set to ...

Published 29 Dec, 2024 02:48am

Sanctions on nuclear missile programme ‘Leadership correctly interprets aspirations of nation by giving strong response’

KARACHI: The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and...

Published 29 Dec, 2024 02:48am

7,390 heinous crimes reported in federal capital this year so far

ISLAMABAD: Over 7,390 heinous crimes were reported to the city’s different police stations in the federal capital...

Published 29 Dec, 2024 02:48am

Minister briefs Austrian envoy on ensuring rights of minorities

LAHORE: In a significant diplomatic and cultural exchange, Provincial Minister for Minorities Ramesh Singh Arora ...

Published 29 Dec, 2024 02:48am

Komal to lead Pakistan in ICC U-19 Women’s T-20 World Cup

LAHORE: The Women’s National Selection Committee has named 15-member Pakistan squad for the upcoming ICC U-19...

Published 29 Dec, 2024 02:48am

Commodities

NY cocoa prices barely changed, coffee and sugar ease

LONDON: New York cocoa futures were barely changed on Friday although remained well below last week’s record high...

Published 29 Dec, 2024 02:48am

2024 termed ‘an active year’ for country’s diplomacy

ISLAMABAD: The year 2024 was an active year for Pakistan’s diplomacy with a focus on enhancing Pakistan’s...

Updated 29 Dec, 2024 09:41am

MWM sit-ins bring Karachi to standstill

KARACHI: Prolonged sit-in protests by the Majlis Wahdat-e-Muslimeen, which seek a durable solution to Parachinar...

Updated 29 Dec, 2024 09:41am

Bilawal urges PML-N to develop consensus before taking key decisions

SUKKUR: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Saturday urged the PML-N to take decisions...

Published 29 Dec, 2024 02:48am

Commodities

Gold prices firm

KARACHI: Gold prices remained steady on Saturday following the unmoved global bullion market, traders said. The...

Published 29 Dec, 2024 02:48am

CDA pushes for eco-friendly public transport

ISLAMABAD: Capital Development Authority (CDA) is intensifying efforts to establish an environmentally sustainable...

Published 29 Dec, 2024 02:48am

Rana expresses resolve to make negotiations successful

LAHORE: Advisor to Prime Minister on Political Affairs, Rana Sanaullah Khan has expressed government’s resolve to...

Published 29 Dec, 2024 02:48am

Commodities

Rupee plunge pulls Indian rice rates to 17-month low

MUMBAI, HANOI, BANGKOK AND BANGLADESH: Indian rice export prices extended declines to a 17-month low this week on...

Published 29 Dec, 2024 02:48am

Commodities

Japanese rubber futures gain on firm raw material prices, China optimism

SINGAPORE: Japanese rubber futures gained on Friday to end the week higher, buoyed by steadying raw material prices...

Published 29 Dec, 2024 02:48am

Letters

The challenge of loss-making SOEs

According to media reports, the government has announced that 15 State-Owned Enterprises (SOEs) accounted for 99.3...

Published 29 Dec, 2024 02:48am

Cotton yield: is quality seed the whole story?

A frequently asked question in the agricultural sector is: Why have we not yet succeeded in producing high-quality...

Published 29 Dec, 2024 02:48am

Energy

Oil prices up on large draw from US crude stocks

NEW YORK: Oil prices settled more than 1% higher on Friday and recorded a weekly gain in low trading volume ahead of...

Published 29 Dec, 2024 02:48am

Commodities

Copper prices end steady as tight supply counters strong dollar

BENGALURU: Copper prices were little changed on Friday, with tightness in concentrate supply offsetting pressure ...

Published 29 Dec, 2024 02:48am

Cotton & Textile

Prices unchanged on cotton market

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

Published 29 Dec, 2024 02:48am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (December 28, 2024)...

Published 29 Dec, 2024 02:48am

Commodities

Gold under pressure from high US bond yields in holiday trading week

NEW YORK: Gold prices slipped on Friday as elevated US Treasury yields dimmed non-yielding bullion’s allure in a...

Published 29 Dec, 2024 02:48am

Energy

US natgas prices slip on smaller-than-expected gas draw from inventories

NEW YORK: US natural gas futures fell over 5% on Friday, hitting its lowest level in over a week, as a weekly ...

Published 29 Dec, 2024 02:48am

Commodities

Algerian wheat buy in tender seen at 630,000 tonnes

HAMBURG: Algeria’s state grains agency OAIC is believed to have purchased around 630,000 metric tons of milling...

Published 29 Dec, 2024 02:48am

Commodities

Jordan tenders to buy up to 120,000 tonnes of feed barley

HAMBURG: Jordan’s state grains buyer has issued an international tender to purchase up to 120,000 metric tons of...

Published 29 Dec, 2024 02:48am

Commodities

Malaysian palm oil futures rise, snaps two-week decline on bargain buying, strong rival oils

KUALA LUMPUR: Malaysian palm oil futures rose on Friday, buoyed by bargain buying and stronger rival edible oils,...

Published 29 Dec, 2024 02:48am

Commodities

Argentina exchange edges up corn, cuts soybean planting estimates

BUENOS AIRES: Argentina’s Buenos Aires Grains Exchange on Friday edged up its corn planting area estimate, while...

Published 29 Dec, 2024 02:48am

Commodities

Iron ore futures down on faltering China demand

BEIJING: Iron ore futures slipped on Friday and were poised for a second straight weekly decline, weighed down by...

Published 29 Dec, 2024 02:48am

Commodities

BD issues tender to buy 50,000 tons of rice

HAMBURG: Bangladesh’s state grains buyer has issued another international tender to purchase 50,000 metric tons of...

Published 29 Dec, 2024 02:48am

Time for a hard reset

EDITORIAL: The Dec 20 TTP attack in South Waziristan that cost the military 16 precious lives must force a cold...

Published 29 Dec, 2024 02:48am

Prices of essential kitchen items show rising trend

ISLAMABAD: The prices of the essential kitchen items have witnessed an increasing trend during this week past ...

Published 29 Dec, 2024 02:48am

No accountability for political assassinations

EDITORIAL: This December 27th was the 17th anniversary of two-time former prime minister Benazir Bhutto’s...

Published 29 Dec, 2024 02:48am

Industry

TDAP holds Swat Trade Show

PESHAWAR: The Trade Development Authority of Pakistan (TDAP) has organised Swat Trade Show 2024, from December -28-...

Published 29 Dec, 2024 02:48am

Industry

‘Corporate, financial sectors investing in agri sector’

LAHORE: The corporate and financial sectors of Pakistan are investing to develop the agriculture sector. This view...

Published 29 Dec, 2024 02:48am

Companies

Tribunal directs cos to appoint qualified insurance agents

LAHORE: An Insurance Tribunal has directed insurance companies to appoint qualified insurance agents enable to...

Published 29 Dec, 2024 02:48am

Industry

96pc industries have installed emission control systems: minister

LAHORE: Punjab Senior Minister Maryam Aurangzeb claimed on Saturday that for the first time in history, 96% of...

Published 29 Dec, 2024 02:48am

Taxes

Customs classification body issues new valuation ruling

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has declared that “Kola...

Published 29 Dec, 2024 02:48am

Tax cuts, debt reined in as Italy adopts 2025 budget

ROME: Italy’s parliament on Saturday approved the 2025 budget, aiming to both appease EU demands to lower the...

Updated 29 Dec, 2024 09:40am

Afghan border: infiltration attempts foiled

ISLAMABAD: Security Forces successfully foiled multiple infiltration attempts by terrorists and the Afghan Taliban...

Updated 29 Dec, 2024 04:09pm

Talks to Taliban: PTI shifts blame to Bajwa

ISLAMABAD: Completely distancing Pakistan Tehreek-e-Insaf (PTI) from the controversial decision to hold talks with...

Updated 29 Dec, 2024 09:39am

Soldier killed in border clash

PESHAWAR: At least one Pakistani paramilitary soldier was killed and seven others wounded in cross-border exchanges...

Updated 29 Dec, 2024 09:36am

Punjab health sector: CM’s initiatives set new ‘records’ of public service

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif’s healthcare projects have set remarkable examples for the other...

Updated 29 Dec, 2024 09:33am

Talks with IPPs help govt save Rs 1trn?

Minister for Power says settlement of contracts with 16 additional IPPs would result in a national savings of Rs481 billion

Updated 29 Dec, 2024 04:07pm

PM orders strict action against power theft

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 8	280.80
USD PKR Interbank Buying / Apr 8	280.55
USD to Japanese Yen / Apr 8	147.06
USD to Swiss Franc / Apr 8	0.85
Pound Sterling to USD / Apr 8	1.28
Euro to USD / Apr 8	1.10
UK LIBOR % / Apr 7	4.96

Stock	Volume
S&P 500 / Apr 7	5,062.25
Nasdaq / Apr 7	15,603.26
Dow Jones / Apr 7	37,965.60
India Sensex / Apr 8	74,620.92
Tokyo Nikkei / Apr 8	33,012.58
Hang Seng / Apr 8	20,148.82
FTSE 100 / Apr 8	7,842.81
Germany DAX 30 / Apr 8	20,014.81
France CAC40 / Apr 8	6,998.74

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 7	17,085
Gold 10 Grams PKR / Apr 7	281,297.70
Petrol/Litre / Apr 8	254.63
Crude Oil USD/Barrel / Apr 8	61.41
Gold Spot USD/Ounce / Apr 8	3,012.10
Diesel/Litre / Apr 8	258.64
Cotton US¢/pound / Apr 8	65.08

Gainers
Losers
Leaders

Stock	Price
Orient Rental / Apr 8 Orient Rental Mod(ORM)	8.89 ▲ 0.88 (10.99%)
Mandviwala / Apr 8 Mandviwala Mauser Plastic Industries(MWMP)	17.55 ▲ 1.6 (10.03%)
Shakarganj / Apr 8 Shakarganj Limited(SML)	38.70 ▲ 3.52 (10.01%)
Bunnys Limited / Apr 8 Bunnys Limited(BNL)	20.78 ▲ 1.89 (10.01%)
Leiner Pak Gelat / Apr 8 Leiner Pak Gelatine Limited(LPGL)	116.27 ▲ 10.57 (10%)
ZIL Limited / Apr 8 ZIL Limited(ZIL)	222.20 ▲ 20.2 (10%)
S.S.Oil / Apr 8 S.S.Oil Mills Limited(SSOM)	150.24 ▲ 13.66 (10%)
Biafo Ind. / Apr 8 Biafo Industries Limited(BIFO)	179.05 ▲ 16.28 (10%)
Philip Morris Pak. / Apr 8 Philip Morris (Pakistan) Limited(PMPK)	1,188.20 ▲ 108.02 (10%)
PIA Holding Co.B / Apr 8 PIA Holding Company Limited B(PIAHCLB)	1,063.81 ▲ 96.71 (10%)

Stock	Price
Oilboy Energy(R) / Apr 8 Oilboy Energy Limited(R)(OBOYR2)	2.77 ▼ -0.46 (-14.24%)
NBP PGETF / Apr 8 NBP Pakistan Growth Exchange Traded Fund(NBPGETF)	23.28 ▼ -2.9 (-11.08%)
Idrees Tex. / Apr 8 Idrees Textile Mills Limited(IDRT)	19.36 ▼ -2.15 (-10%)
Blue-Ex Ltd / Apr 8 Blue-Ex Limited (GEM)(GEMBLUEX)	54.27 ▼ -6.03 (-10%)
Diamond Ind. / Apr 8 Diamond Industries Limited(DIIL)	32.89 ▼ -3.65 (-9.99%)
I.C.C. Ind. / Apr 8 ICC Industries Limited(ICCI)	11.29 ▼ -1.25 (-9.97%)
Sindh Abadgar / Apr 8 Sindh Abadgar's Sugar Mills Limited(SASML)	52.70 ▼ -5.63 (-9.65%)
Al-Khair Gadoon / Apr 8 Al-Khair Gadoon Limited(AKGL)	41 ▼ -4.1 (-9.09%)
National Silk / Apr 8 The National Silk & Rayon Mills Limited(NSRM)	34 ▼ -3.31 (-8.87%)
Elahi Cot. / Apr 8 Elahi Cotton Mills Limited(ELCM)	118.10 ▼ -10.39 (-8.09%)

Stock	Volume
Cnergyico PK / Apr 8 Cnergyico PK Limited(CNERGY)	120,786,326 ▲ 0.57
WorldCall Telecom / Apr 8 Worldcall Telecom Limited(WTL)	55,274,278 ▲ 0.03
B.O.Punjab / Apr 8 The Bank of Punjab(BOP)	34,156,511 ▲ 0.19
Pak Elektron / Apr 8 Pak Elektron Limited(PAEL)	33,484,190 ▼ -0.12
Maple Leaf Cement / Apr 8 Maple Leaf Cement Factory Limited(MLCF)	33,262,071 ▲ 1.37
Bank Al-Falah / Apr 8 Bank Alfalah Limited(BAFL)	32,588,256 ▲ 1.77
Pak Int.Bulk / Apr 8 Pakistan International Bulk Terminal(PIBTL)	28,028,542 ▲ 0.29
K-Electric Ltd. / Apr 8 K-Electric Limited(KEL)	23,938,102 ▲ 0.11
Sui South Gas / Apr 8 Sui Southern Gas Company Limited(SSGC)	19,784,658 ▲ 0.36
Fauji Cement / Apr 8 Fauji Cement Company Limited(FCCL)	16,903,951 ▲ 1.59

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