News Archives for Print - 2025-03-01

<<>>

Print - 2025-03-01

BYD partners with Mega Motor Company to deliver NEVs

KARACHI: BYD, the world’s largest manufacturer of New Energy Vehicles (NEVs), in partnership with Mega Motor Company...

Updated 01 Mar, 2025 08:59am

Cotton & Textile

Not much activity on cotton market

LAHORE: The local cotton market on Friday remained bearish and the trading volume remained low. Cotton analyst...

Published 01 Mar, 2025 06:28am

Weapons abandoned by US in Afghanistan: Pakistan again raises serious concern

ISLAMABAD: Pakistan has again raised its serious concerns over sophisticated weapons left behind by the United...

Published 01 Mar, 2025 06:28am

NA panel supports more taxation on unhealthy products

ISLAMABAD: The Standing Committee of National Health Services has supported the suggestion of further taxation on...

Published 01 Mar, 2025 06:28am

Sindh govt to help craftswomen, artisans connect to international market: minister

KARACHI: The Sindh government’s Women Development Department will soon launch an E-commerce website and smartphone...

Published 01 Mar, 2025 06:28am

KE’s financial best practices upheld in FTO’s decision

KARACHI: K-Electric (KE) welcomes the Federal Tax Ombudsman’s (FTO) recent decision affirming the company’s full...

Published 01 Mar, 2025 06:28am

NUST organises water conservation awareness walk

ISLAMABAD: The National University of Sciences and Technology (NUST) on Friday demonstrated its unwavering...

Published 01 Mar, 2025 06:28am

Mustafa Aamir murder case: Panel asks FIA to initiate probe into all aspects

ISLAMABAD: A parliamentary panel on Friday asked the Federal Investigation Agency (FIA) to initiate probe into all...

Published 01 Mar, 2025 06:28am

Zelenskiy not ready for peace, disrespected US: Trump

WASHINGTON: Ukrainian President Volodymyr Zelenskiy is “not ready for Peace if America is involved,” US President...

Published 01 Mar, 2025 06:28am

Stocks

Japan’s Nikkei ends at 5-month low

TOKYO: Japan’s Nikkei share average ended at a five-month low on Friday, as chip-related stocks tracked Nvidia’s...

Published 01 Mar, 2025 06:28am

Stocks

China, HK stocks close the week lower on fresh Trump tariffs

SHANGHAI: China and Hong Kong equities closed the week lower, ending weeks of gains, as US President Donald Trump...

Published 01 Mar, 2025 06:28am

Money & Banking

Asian currencies: Indonesian rupiah hits near 5-year low

BENGALURU: Indonesia and South Korea led a downturn in Asian currencies and stocks on Friday as the US dollar...

Published 01 Mar, 2025 06:28am

Money & Banking

Dollar slips after inflation, consumer data

NEW YORK: The US dollar edged lower on Friday following two straight days of gains, after a reading on inflation was...

Published 01 Mar, 2025 06:28am

Stocks

European shares close 10th week higher

FRANKFURT: European shares clocked their 10th straight weekly gain on Friday, continuing their stellar run into the...

Published 01 Mar, 2025 06:28am

Three more judges for SHC CB nominated: JCP nominates five more judges for SC CB

ISLAMABAD: The Judicial Commission of Pakistan (JCP) on Friday by majority nominated five more judges for the...

Updated 01 Mar, 2025 09:31am

Bank holiday

KARACHI: The State Bank of Pakistan will remain closed for public dealing on Monday, March 3, 2025, which shall be...

Published 01 Mar, 2025 06:28am

Pakistan and China can produce high-grade sugar to export globally: PCJCCI

LAHORE: Pakistan and China can produce high-grade sugar in abundance and export it across the world, Nazir Hussain,...

Published 01 Mar, 2025 06:28am

H1 financial results: IMC’s net sales soar 66.7pc to Rs84.88bn

KARACHI: Indus Motor Company Limited (IMC) has announced robust financial results for the half-year that ended on...

Updated 01 Mar, 2025 08:57am

Insurance regulatory framework: SECP approves major amendments

ISLAMABAD: The Securities and Exchange Commission Policy Board has approved major amendments in insurance regulatory...

Updated 01 Mar, 2025 09:32am

China, Pakistan to partner on first manned space mission: PM

ISLAMABAD: In a major achievement for the country’s space programme, Prime Minister Shehbaz Sharif Friday ...

Published 01 Mar, 2025 06:28am

World agrees hard-fought nature funding plan at UN talks

ROME: A gathering of countries in Rome this week agreed a plan to generate $200 billion in finance a year by 2030 to...

Published 01 Mar, 2025 06:28am

Suicide bombing at Darul Uloom Haqqania martyrs 7

PESHAWAR: Seven people, including leader of Jamiat Ulema-e-Islam, Sami Group (JUI-S) Maulana Hamid Ul Haq Haqqani,...

Updated 01 Mar, 2025 08:57am

CK Hutchison plans $1bn port investment

ISLAMABAD: Hong Kong conglomerate CK Hutchison Holdings Limited’s ports subsidiary plans to invest $1 billion to...

Published 01 Mar, 2025 06:28am

Weekly SPI inflation up 0.38pc

ISLAMABAD: The Sensitive Price Index-based inflation for the week ended February 27, 2025, increased by 0.38 per...

Updated 01 Mar, 2025 02:21pm

Petrol price cut by Re0.50, HSD’s by Rs5.31

ISLAMABAD: The government on Friday slashed prices of petroleum products with reduction of a price of high speed...

Updated 01 Mar, 2025 09:32am

Ramazan begins tomorrow

KARACHI: The Central Ruet-e-Hilal Committee announced on Friday that the Ramadan moon was not sighted in Pakistan,...

Published 01 Mar, 2025 06:28am

Rates

Selling pressure mounts

KARACHI: Sentiments at the Pakistan Stock Exchange (PSX) remained negative on the last trading day of the week,...

Published 01 Mar, 2025 06:28am

Despite SNGPL warning: LDPL says unable to pay dues on time

ISLAMABAD: Despite a warning from Sui Northern Gas Pipelines Limited (SNGPL) regarding the suspension of gas supply...

Updated 01 Mar, 2025 02:21pm

Rs133bn shortfall: Feb provisional collection totals Rs850bn

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 850 billion during February 2025...

Updated 01 Mar, 2025 03:20pm

Govt entities owe billions of rupees: TCP receivables stand at Rs308bn

ISLAMABAD: The Trading Corporation of Pakistan’s receivables stock stood at Rs 308 billion as of February 28, 2025,...

Updated 01 Mar, 2025 02:57pm

Macroeconomic conditions have improved due to govt efforts: PM

Says government working towards implementing business and investment-friendly policies

Updated 01 Mar, 2025 02:57pm

Punjab govt approves funding for IT equipments for 3 depts

LAHORE: To support financial and procurement digitisation, the Punjab government has approved funding for IT...

Published 01 Mar, 2025 06:28am

PSX holds gong ceremony to mark listing of Zarea Ltd

KARACHI: The Pakistan Stock Exchange (PSX) held a gong ceremony to celebrate the successful listing of Zarea...

Published 01 Mar, 2025 06:28am

Companies

BankIslami delivers record 24pc surge in profit in FY24

KARACHI: BankIslami has posted a record-breaking 24.4 percent rise in pre-tax profit to Rs 25.5 billion for the year...

Published 01 Mar, 2025 06:28am

Sindh govt to take control of Green Line and Orange Line BRT on March 10

KARACHI: The Sindh Mass Transit Authority Board has approved taking over the control of the Green Line and Orange...

Published 01 Mar, 2025 06:28am

Companies

Supplier financing, agri supply chain: Syngenta teams up with SCB to drive growth

KARACHI: Syngenta Pakistan partners with Standard Chartered Pakistan to strengthen supplier financing and enhance...

Published 01 Mar, 2025 06:28am

Japanese CG hosts Emperor’s birthday reception

KARACHI: The Consul General of Japan in Karachi, Hattori Masaru, hosted the “Emperor’s Birthday Reception” (National...

Published 01 Mar, 2025 06:28am

MPC meeting on March 10

KARACHI: The State Bank of Pakistan (SBP) is scheduled to hold its Monetary Policy Committee (MPC) meeting on Mar...

Published 01 Mar, 2025 06:28am

Commodities

Gold prices down

KARACHI: Gold prices continued to fall on Friday, as global market downtrend persisted, traders said. Prices of gold...

Published 01 Mar, 2025 06:28am

FC soldier among 10 hurt in Quetta explosion

QUETTA: An explosion on a busy road in Quetta injured 10 people including a Frontier Corps (FC) soldier, officials...

Published 01 Mar, 2025 06:28am

Letters

Attack on Darul Uloom Haqqania

According to media reports and the statements issued by the KPK government and the management of the Darul Uloom,...

Published 01 Mar, 2025 06:28am

Battling polio

EDITORIAL: At a special signing ceremony during the recently held Riyadh International Humanitarian Forum, Saudi...

Updated 01 Mar, 2025 07:07am

Ramazan relief package

EDITORIAL: The Minister for Industries and Production Rana Tanvir informed the House that the federal government has...

Updated 01 Mar, 2025 07:09am

Pakistan’s strategic location: fact-check

Pakistan’s strategic location at the crossroads of South Asia, Central Asia, and the Middle East undoubtedly makes...

Updated 01 Mar, 2025 06:55am

‘FoodAg Manufacturing 2025’ ends with record-breaking contracts

LAHORE: FoodAg Manufacturing 2025 concludes with record-breaking over $200 million contracts, 400 B2B meetings, and...

Published 01 Mar, 2025 06:28am

CM slams bomb blast in Nowshera mosque

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has strongly condemned a bomb blast in a mosque in Nowshera....

Published 01 Mar, 2025 06:28am

Registration of tech, vocational training centres: CM directs authorities to launch online portal

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif directed the authorities concerned to launch an online portal to...

Published 01 Mar, 2025 06:28am

‘PTI, its daily wagers unable to digest Punjab’s progress’: Azma

LAHORE: Punjab Information Minister Azma Bokhari has said that PTI and its daily wagers cannot digest Punjab’s...

Published 01 Mar, 2025 06:28am

Energy

LPG prices down by Rs6.15 per kg

ISLAMABAD: The government on Friday decreased Liquified Petroleum Gas (LPG) prices by Rs6.15 per kilogram for both...

Published 01 Mar, 2025 06:28am

NA-213 Umerkot by-polls: PPPP invites applications for party tickets

ISLAMABAD: Pakistan Peoples Party Parliamentarians (PPPP) Secretary General Nayyer Hussain Bukhari has invited...

Published 01 Mar, 2025 06:28am

Why PTI didn’t raise poll rigging issue in parliament, asks SC

ISLAMABAD: The Supreme Court questioned why the Pakistan Tehreek-e-Insaf (PTI) do not raise concerns in the Senate...

Published 01 Mar, 2025 06:28am

PM hosts breakfast for new cabinet members

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday urged the 27 newly-appointed ministers and advisers to fulfil...

Published 01 Mar, 2025 06:28am

Six terrorists killed in N Waziristan

ISLAMABAD: The security forces conducted an intelligence-based operation in general area of Ghulam Khan Kalay, North...

Published 01 Mar, 2025 06:28am

The beauty of Ramazan

Ramazan is just around the corner and this year in Pakistan we will also be having some World Cup cricket matches...

Updated 01 Mar, 2025 07:03am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (February 28, 2025). ==================================== BR...

Published 01 Mar, 2025 06:28am

Taxes

First public-sector tax agency: SRB attains ICAP’s TOoP status

KARACHI: The government of Sindh has announced that the Institute of Chartered Accountants of Pakistan (ICAP) has...

Published 01 Mar, 2025 06:28am

The Weather

KARACHI: The weather report on Friday (February 28, 2025) and the forecast for Saturday (March 01, 2025)...

Published 01 Mar, 2025 06:28am

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 01 Mar, 2025 06:28am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (February 28, 2025). ========================== KIBOR...

Published 01 Mar, 2025 06:28am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (February...

Published 01 Mar, 2025 06:28am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (February 28, 2025). ======================== Open Bid Rs...

Published 01 Mar, 2025 06:28am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (February 28, 2025)....

Published 01 Mar, 2025 06:28am

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 28	254.63
Diesel/Litre / Apr 28	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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular