News Archives for Print - 2025-02-17

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Print - 2025-02-17

Stocks

PSX witnesses bullish trend

KARACHI: Pakistan Stock Exchange witnessed bullish trend and closed on strong positive note on week-on-week basis on...

Published 17 Feb, 2025 03:09am

5 Iraqi banks to be banned from USD transactions

DUBAI/BAGHDAD: Iraq’s central bank will ban five more local banks from engaging in US dollar transactions, a move...

Published 17 Feb, 2025 03:09am

IMF, govt teams to discuss energy reform mechanism

Viable mechanism to extend electricity and gas tariff differential subsidy through Benazir Income Support Fund will also come under discussion

Updated 17 Feb, 2025 04:00pm

Aurangzeb represents Pakistan: AlUla conference for emerging market economies starts

ALULA: The inaugural AlUla Conference for Emerging Market Economies commenced here on Sunday, bringing together...

Updated 17 Feb, 2025 02:21pm

Pakistan-Russia freight train: Trial operations likely by March

KARACHI: Pakistan Russia international freight train service is expected to commence its trial operations by March...

Updated 17 Feb, 2025 02:21pm

SRB has full authority to levy WWF: President

ISLAMABAD: President Asif Ali Zardari has categorically declared that the Sindh Revenue Board (SRB) has full legal...

Updated 17 Feb, 2025 09:30am

POS system scope extended to AJK

ISLAMABAD: The federal government Sunday extended the scope of Point-of-Sale (POS) system to business community...

Updated 17 Feb, 2025 08:23am

Army chief vows stepped-up action against extremists

RAWALPINDI: Chief of Army Staff (COAS), General Syed Asim Munir has strongly condemned terrorists, asserting that...

Updated 17 Feb, 2025 08:24am

Five people killed over old enmity in Peshawar

PESHAWAR: Five people were killed over old enmity in Peshawar’s Badh Bair. As per details, unidentified attackers...

Published 17 Feb, 2025 03:09am

KP launches motor vehicle automation system

PESHAWAR: In a significant move towards digitising public services, the Khyber Pakhtunkhwa government has launched...

Published 17 Feb, 2025 03:09am

Experts from US, Turkiye, Iran visit SAU

HYDERABAD: A delegation of international and national agricultural experts, including renowned scientists and...

Published 17 Feb, 2025 03:09am

Prices of essential items increase ahead of Ramazan

PESHAWAR: Prices of essential food commodities have increased in the retail market ahead of the holy month of...

Published 17 Feb, 2025 03:09am

Trump likely to rework world trading ties with ‘reciprocal’ tariffs

The financial market is shifting as a result of a few major changes in the geopolitical environment and economic...

Published 17 Feb, 2025 03:09am

Macroeconomics of empty promises

The State Bank of Pakistan’s (SBP’s) foreign exchange reserves have dropped by nearly a billion dollars in just...

Published 17 Feb, 2025 03:09am

The LSM sector

Large-Scale Manufacturing (LSM) has been a major recipient of subsidies - utilities (electricity tariff) including...

Published 17 Feb, 2025 03:09am

Polio again

EDITORIAL: The resurgence of polio in Pakistan is a damning indictment of the state’s failure to construct a...

Published 17 Feb, 2025 03:09am

Tapping the real estate tax potential

EDITORIAL: With the economy in the process of stabilising, various sectors across the board have started performing...

Published 17 Feb, 2025 03:09am

Hope & Faith Diabetes & Endocrinology Centre hosts Thanksgiving Day

HYDERABAD: The Hope & Faith Diabetes & Endocrinology Centre, a charity hospital under the Dua Fatima...

Published 17 Feb, 2025 03:09am

Prof Sajid Mir elected as chief of Jamiat Ahle Hadees

ISLAMABAD: Senator Professor Sajid Mir has been elected as chairman of Jamiat Ahle Hadees unanimously for the...

Published 17 Feb, 2025 03:09am

Malakand University teacher held on harassment charges

PESHAWAR: A teacher of the University of Malakand at Chakdara, Dir Lower has been arrested for alleged sexual...

Published 17 Feb, 2025 03:09am

HN Polo lifts ‘Deepal 96 Punjab Cup’

LAHORE: HN Polo emerged title winners in the Deepal 96 Punjab Cup final, after defeating DS Polo with an impressive...

Published 17 Feb, 2025 03:09am

Two killed, seven injured in Jamshoro land dispute

JAMSHORO: A violent clash between two groups over land dispute has resulted in the deaths of two individuals, with...

Published 17 Feb, 2025 03:09am

Nara Canal project: minister reviews progress

SUKKUR: Sindh Minister for Planning, Development and Energy, Syed Nasir Hussain Shah on Sunday visited the Nara ...

Published 17 Feb, 2025 03:09am

Issues facing Sindh: PPP leader demands CCI hold meeting

KARACHI: Spokesperson for Sindh government and Mayor Sukkur Barrister Arslan Islam Sheikh has called to convene the...

Published 17 Feb, 2025 03:09am

Industry

HCSTSI slams exclusion of Chamber’s representative from HDA body

HYDERABAD: President, Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), Muhammad Saleem Memon, has...

Published 17 Feb, 2025 03:09am

Letters

Our soldiers are more than brave

That our valiant soldiers have been rendering immense sacrifices day in, day out is a fact. It was very recently...

Published 17 Feb, 2025 03:09am

FBR’s refusal to disclose ADRC info raises questions

ISLAMABAD: The Federal Board of Revenue (FBR) has refused to disclose information related to orders passed by the...

Updated 17 Feb, 2025 09:08am

Shifting Afghan refugees: Minister urges UN agencies to fulfil commitment

KARACHI: Federal Minister for Kashmir Affairs, Gilgit-Baltistan and States and Frontier Regions Amir Muqam on Sunday...

Updated 17 Feb, 2025 09:30am

US FAA assessment team to visit for flight restoration

ISLAMABAD: The Pakistan Civil Aviation Authority (CAA) has launched efforts to restore direct flights to the United...

Published 17 Feb, 2025 03:09am

US, Israel present united front on Gaza, Iran

OCCUPIED JERUSALEM: Top US diplomat Marco Rubio and Israeli Prime Minister Benjamin Netanyahu presented a united...

Published 17 Feb, 2025 03:09am

Chinese investors meet Sindh minister

KARACHI: A delegation of Chinese investors met with Sindh Senior Minister Sharjeel Inam Memon here at his office....

Updated 17 Feb, 2025 08:56am

Rawalpindi hit by severe water shortages

RAWALPINDI: The Water and Sanitation Agency (WASA) has declared emergency in Rawalpindi due to a severe water crisis...

Updated 17 Feb, 2025 09:15am

South Asia

Kumbh Mela: 18 dead in stampede at Delhi station to catch trains

NEW DELHI: At least 18 people died during a stampede at a railway station in India’s capital late Saturday when...

Published 17 Feb, 2025 03:09am

Levies personnel martyred in attack on Kalat check-post

QUETTA: A terrorist attack on a Levies check post in Kalat resulted in the martyrdom of one officer, while two ...

Published 17 Feb, 2025 03:09am

Rates

0.06pc decline

KARACHI: Rupee depreciated against the US dollar during the previous week as it lost Re0.16 or 0.06% in the...

Published 17 Feb, 2025 03:09am

IAEA terms Pak N-power generation plan most successful: FO

ISLAMABAD: D.G International Atomic Energy Agency (IAEA), Rafael Mariano while vitiating under construction Chashma...

Updated 17 Feb, 2025 09:08am

Stocks

London’s FTSE 100 dips as stronger pound weighs

LONDON: British stocks ended mixed on Friday, dragged down by the pharma sector and a stronger sterling hurting the...

Published 17 Feb, 2025 03:09am

Man arrested by FIA for ‘smuggling’ four women to Saudi Arabia

KARACHI: The Federal Investigation Agency (FIA) has thwarted an attempt to smuggle four women abroad under the guise...

Published 17 Feb, 2025 03:09am

Medical teaching institutions: NAB KP holds conference to enhance procurement processes

PESHAWAR: The National Accountability Bureau (NAB) Khyber Pakhtunkhwa (KP) organised a high-level conference to...

Published 17 Feb, 2025 03:09am

Right of Access to Information Act, 2017: FAFEN urges govt to consider comprehensive legal reforms

ISLAMABAD: The Free and Fair Election Network (FAFEN) urged the government to consider comprehensive legal reforms ...

Published 17 Feb, 2025 03:09am

Money & Banking

Rouble retreats after Trump-Putin rally

MOSCOW: The Russian rouble retreated on Friday after gaining almost 5% against the US dollar in the previous session...

Published 17 Feb, 2025 03:09am

Money & Banking

Sterling rise against dollar

LONDON: Sterling rose to its strongest level against the dollar this year on Friday, after UK GDP data earlier this...

Published 17 Feb, 2025 03:09am

Stocks

Wall Street Week Ahead

Walmart to shed light on consumer health as inflation bites, tariffs swirl NEW YORK: Walmart’s quarterly report ...

Published 17 Feb, 2025 03:09am

Money & Banking

Canadian dollar gains against the greenback

TORONTO: The Canadian dollar edged up to a two-month high against its US counterpart on Friday as investors grew...

Published 17 Feb, 2025 03:09am

Stocks

Miners help Australia shares notch record high

SYDNEY: Australian shares rose to a record on Friday, led by gold and iron ore miners due to robust underlying...

Published 17 Feb, 2025 03:09am

IWMI supports KP on water management issues

PESHAWAR: A technical delegation of International Water Management Institute (IWMI) lead by Dr Mohsin Hafeez held a...

Published 17 Feb, 2025 03:09am

Stocks

Gulf markets little changed as US tariff woes persist

DUBAI: Most stock markets in the Gulf were little changed on Sunday with investors cautious over the potential...

Published 17 Feb, 2025 03:09am

Stocks

Sri Lanka shares end higher

COLOMBO: Sri Lankan shares closed higher on Friday, aided by growth across segments, including materials and...

Published 17 Feb, 2025 03:09am

Industry

Pakistan, Turkiye need to revamp PTA: BMP

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) on Sunday...

Published 17 Feb, 2025 03:09am

Companies

Barkat Frisian Agro book-building starts today

KARACHI: Barkat Frisian Agro IPO’s book building phase will start on 17th February (today) and continue till 18th...

Published 17 Feb, 2025 03:09am

Taxes

FAPUASA urges FBR to halt revoking 25pc tax rebate for teachers

LAHORE: The Federation of All Pakistan Universities Academic Staff Associations (FAPUASA) has urgently called on the...

Published 17 Feb, 2025 03:09am

‘National Unity against Terrorism’ moot: KP CM hosts 2nd session

PESHAWAR: Chief Minister Khyber Pakhtunkhwa, Ali Amin Khan Gandapur, hosted the second consultative session titled...

Published 17 Feb, 2025 03:09am

Dar to leave for US

ISLAMABAD: The Deputy Prime Minister and Foreign Minister, Senator Mohammad Ishaq Dar, will travel to New York to...

Published 17 Feb, 2025 03:09am

Rates

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Sunday (February...

Published 17 Feb, 2025 03:09am

24th relief consignment to Gaza arrives at El-Arish airport

CAIRO: On the directions of the Prime Minister, Pakistan’s National Disaster Management Authority (NDMA), in...

Published 17 Feb, 2025 03:09am

Cotton & Textile

Weekly Cotton Review: Spot rate down as prices continue to fall

KARACHI: A continuous drop in cotton prices over the past week has plunged the local cotton market into uncertainty....

Published 17 Feb, 2025 03:09am

Cricket tournament held

FAISALABAD: In order to promote sports, a two-day cricket tournament was organised by Laboratory School &...

Published 17 Feb, 2025 03:09am

Large-scale plantation drive launched In Lahore: Punjab govt says ‘natural forest’ to be created on 978 acres of land

LAHORE: Senior Provincial Minister Maryam Aurangzeb has announced that a large-scale plantation drive has been...

Published 17 Feb, 2025 03:09am

CM taking revolutionary steps in health sector: minister

LAHORE: Provincial Health Minister Khawaja Salman Rafique has said the Punjab Chief Minister Maryam Nawaz Sharif is...

Published 17 Feb, 2025 03:09am

Commodities

Paddy nurseries: Agri experts underscore need for imposing ban on early sowing

LAHORE: Agri-experts have recommended the government impose a complete ban on the early sowing of paddy nurseries...

Published 17 Feb, 2025 03:09am

Punjab CM says ‘agri mechanisation is just a beginning...’

LAHORE: “Agricultural mechanisation is just a beginning; more revolutionary steps will be taken to ensure prosperity...

Published 17 Feb, 2025 03:09am

Condolence

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif expressed a deep sense of grief and sorrow over the loss of...

Published 17 Feb, 2025 03:09am

Maryam condemns attack on Levies’ post

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif paid rich tribute to the eternal sacrifice of a Levies official...

Published 17 Feb, 2025 03:09am

The Weather

KARACHI: The weather report on Sunday (February 16, 2025) and the forecast for Monday (February 17, 2025)....

Published 17 Feb, 2025 03:09am

Sharjeel hits out at MQM leaders

KARACHI: Sindh’s Senior Minister, Sharjeel Inam Memon, has stated that the Muttahida Qaumi Movement (MQM) has always...

Published 17 Feb, 2025 03:09am

Gwadar’s book fair concludes successfully

GWADAR: The book fair organized by the RCD Council Gwadar concluded with a grand closing ceremony. The four-day...

Published 17 Feb, 2025 03:09am

Sindh CM yet to develop roads and highways in his constituency: Azma

LAHORE: Punjab Information Minister Azma Bokhari stated that 90% of Punjab’s development projects are being funded...

Published 17 Feb, 2025 03:09am

Saif demands KP’s ‘due share’ in NFC Award after merger of tribal districts

PESHAWAR: Adviser to the Chief Minister of Khyber Pakhtunkhwa for Information and Public Relations, Barrister Saif,...

Published 17 Feb, 2025 03:09am

Pakistan, Germany sign accord on power grid digitalisation

Energy

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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