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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Russia cuts export duty on peas, chickpeas and lentils

MOSCOW: Russia, the world’s top exporter of peas, announced on Saturday a fixed 5 percent export duty on peas,...

Updated 29 Dec, 2024 09:34am

PTA data reveals ‘Number of cellular subscribers, 3G/4G users declines in Nov’

ISLAMABAD: The number of cellular subscribers, 3G/4G users as well as penetration in Pakistan declined in November...

Updated 29 Dec, 2024 03:52pm

PM orders strict action against power theft

ISLAMABAD: Prime Minister Shehbaz Sharif Saturday ordered strict action against electricity theft and the officials...

Updated 29 Dec, 2024 01:28pm

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

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

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

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

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

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

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

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

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

‘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

Industry

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	157.92
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
Nasdaq / Dec 27	19,238.48
Dow Jones / Dec 27	42,992.21
India Sensex / Dec 30	78,209.98
Tokyo Nikkei / Dec 30	39,894.54
Hang Seng / Dec 30	20,041.42
FTSE 100 / Dec 30	8,116.01
Germany DAX 30 / Dec 30	19,935.78

Item	Value
Gold 10 Grams PKR / Dec 27	234,225
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Crude Oil USD/Barrel / Dec 30	70.32
Gold Spot USD/Ounce / Dec 30	2,612.39
Cotton US¢/pound / Dec 30	68.60
Petrol/Litre / Dec 31	252.10

Gainers
Losers
Leaders

Stock	Price
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	7.52 ▲ 1.00 (15.34%)
Sec. Inv. Bank / Dec 30 Security Investment Bank Limited(SIBL)	8.99 ▲ 1.00 (12.52%)
Abdullah Shah / Dec 30 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.20 ▲ 0.79 (12.32%)
Dost Steels Ltd. / Dec 30 Dost Steels Limited(DSL)	6.70 ▲ 0.72 (12.04%)
Telecard Limited / Dec 30 Telecard Limited(TELE)	9.63 ▲ 1.00 (11.59%)
Media Times Ltd / Dec 30 Media Times Limited(MDTL)	2.40 ▲ 0.24 (11.11%)
I.C.C. Ind. / Dec 30 ICC Industries Limited(ICCI)	10.03 ▲ 1.00 (11.07%)
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	10.48 ▲ 1.00 (10.55%)
Idrees Tex. / Dec 30 Idrees Textile Mills Limited(IDRT)	14.27 ▲ 1.30 (10.02%)

Stock	Price
National Silk / Dec 30 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)
Olympia Mills / Dec 30 Olympia Mills Limited(OML)	36 ▼ -3.99 (-9.98%)
Maqbool Tex. / Dec 30 Maqbool Textile Mills Limited(MQTM)	28.50 ▼ -2.56 (-8.24%)
Shahzad Tex. / Dec 30 Shahzad Textile Mills Limited(SZTM)	27.50 ▼ -2.37 (-7.93%)
Al-Khair Gadoon / Dec 30 Al-Khair Gadoon Limited(AKGL)	38.50 ▼ -3.21 (-7.70%)
Dewan Textile / Dec 30 Dewan Textile Mills Limited(DWTM)	6.90 ▼ -0.56 (-7.51%)
Engro Poly(Pref / Dec 30 Engro Poly(Pref)(EPCLPS)	11.10 ▼ -0.90 (-7.50%)
Habib Sugar / Dec 30 Habib Sugar Mills Limited(HABSM)	79 ▼ -5.26 (-6.24%)
First Tri-Star Mod. / Dec 30 First Tri-Star Modaraba(FTSM)	14.35 ▼ -0.90 (-5.90%)

Stock	Volume
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	125,453,825 ▲ 1.00
Fauji Foods Ltd / Dec 30 Fauji Foods Limited(FFL)	104,428,605 ▲ 0.32
WorldCall Telecom / Dec 30 Worldcall Telecom Limited(WTL)	96,647,456 ▲ 0.13
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	84,168,029 ▲ 1.00
Silk Bank Ltd / Dec 30 Silkbank Limited(SILK)	48,777,302 ▲ 0.08
K-Electric Ltd. / Dec 30 K-Electric Limited(KEL)	45,290,268 ▲ 0.19
TRG Pak Ltd / Dec 30 TRG Pakistan Limited(TRG)	40,065,544 ▼ -3.15
Pak Elektron / Dec 30 Pak Elektron Limited(PAEL)	36,275,641 ▲ 4.05
Hascol Petrol / Dec 30 Hascol Petroleum Limited(HASCOL)	34,627,314 ▼ -0.09

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