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Red Sea shipping

Egypt’s Suez Canal income falls amid Yemen Houthi attacks

CAIRO: Egypt’s Suez Canal on Thursday reported a 23.4-percent drop in revenues attributed to disruptions in Red ...

Published 19 Jul, 2024 06:05am

World

Rare LNG vessel sails through Red Sea amid Houthi attacks

SINGAPORE: The first liquefied natural gas (LNG) tanker since January is sailing through the Red Sea, just days ...

Published 22 Jun, 2024 06:47am

Business & Finance

Economic Survey: Red Sea disruptions continue to affect supply chain

ISLAMABAD: The Government said on Tuesday that prolonged disruptions in Red Sea will continue to disrupt supply...

Published 12 Jun, 2024 06:51am

Markets

Oil inches lower amid profit taking on OPEC+ cut extension

LONDON: Oil prices drifted lower on Monday as traders indulged in some profit taking a day after the widely expected...

Updated 04 Mar, 2024 05:46pm

World

Germany sends frigate to help secure Red Sea shipping

BERLIN: A German navy frigate set sail for the Red Sea on Thursday with the aim of protecting commercial ships from...

Published 09 Feb, 2024 03:29am

World

Antony Blinken heads to Egypt to seek ‘enduring end’ to Gaza war

GAZA STRIP: US Secretary of State Antony Blinken was due in Egypt on Tuesday as part of a Middle East crisis tour...

Updated 06 Feb, 2024 07:58pm

World

US, Britain launch strikes against Iran-linked Houthis in Yemen

WASHINGTON: The United States and Britain launched strikes against 36 Houthi targets in Yemen on Saturday, in the...

Updated 04 Feb, 2024 07:44pm

World

Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption

BERLIN: German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until...

Published 22 Jan, 2024 06:38pm

World

Israeli aggression hammers Gaza’s south, hostage families urge Netanyahu to seek deal

Israel aggression has killed at least 25,105 people in Gaza, mostly women and children

Updated 22 Jan, 2024 11:46am

Markets

Heat along the Red Sea: Pakistan’s exporters fret over shipments to EU, US

Freight charges more than double as Houthis threat forces ships to take longer route

Published 18 Jan, 2024 08:30am

World

US targets Houthi anti-ship missiles in new strike on Yemen, officials say

WASHINGTON: The U.S. military on Tuesday carried out a new strike in Yemen against four Houthi anti-ship ballistic...

Published 16 Jan, 2024 11:01pm

Business & Finance

Global trade drops 1.3% on Red Sea attacks: IfW Kiel institute

BERLIN: Global trade declined by 1.3% from November to December 2023 as attacks on merchant vessels in the Red Sea...

Published 11 Jan, 2024 05:25pm

World

US, UK forces repel ‘largest attack’ by Houthis in Red Sea

US Central Command says this was 26th Houthi attack on commercial shipping lanes in the Red Sea since November 19
Houthis have vowed more attacks in support of Gaza

Updated 10 Jan, 2024 09:56pm

Pakistan

Pakistan Navy deploys warships in Arabian Sea

Decision comes amid recent incidents of maritime security

Updated 07 Jan, 2024 10:23pm

World

Vessel near Yemen said to report drones, explosions in Red Sea

DUBAI: Two explosions in the Red Sea were reported by a vessel sailing off the coast of Yemen on Tuesday shortly...

Updated 26 Dec, 2023 04:28pm

World

Shippers mask positions, weigh options amid Red Sea attacks

A number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders...

Published 19 Dec, 2023 04:31pm

World

US launches Red Sea force as ships reroute to avoid attacks

MANAMA: Defense Secretary Lloyd Austin on Tuesday said the United States was leading a multinational operation to...

Published 19 Dec, 2023 04:27pm

World

Maersk reroutes vessels around Africa from Red Sea

COPENHAGEN: Denmark’s Maersk said on Tuesday its vessels due to sail through the southern Red Sea and the Gulf of...

Published 19 Dec, 2023 01:34pm

World

US defence chief invites nations to help secure Red Sea shipping

MANAMA: US Defence Secretary Lloyd Austin invited dozens of nations to take steps to address Houthi attacks on Red...

Published 19 Dec, 2023 01:01pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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