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tech sector

Tech sector supports European shares ahead of Fed decision

NEW YORK: European share indices closed up on Wednesday, boosted by technology stocks and French automaker Renault,...

Published 19 Dec, 2024 05:57am

Technology

National digital commission to be set up: govt

ISLAMABAD: The government on Monday announced to set up a National Digital Commission, headed by Prime Minister...

Updated 17 Dec, 2024 01:16pm

Editorials

The high price of digital clampdowns

EDITORIAL: Last week saw the State Minister for Information Technology Shaza Fatima presenting a detailed five-year...

Published 29 Nov, 2024 06:03am

Opinion

The scientific revolution’s call to rulers

The scientific and technological revolution that began after World War II has fundamentally reshaped global...

Updated 31 Oct, 2024 07:53am

Business & Finance

Supply-chain due diligence act: German official says opportunity exists for Pakistan to stand out

Florian Walther, Pakistan representative at the German Emirati Joint Council for Industry and Commerce, says act relevant for companies here as well

Updated 28 Oct, 2024 07:19am

Business & Finance

Asia Rising: Dubai’s transformation to becoming tech hub draws parallel with Silicon Valley and Bengalaru

DUBAI: Drawing parallels with India’s Bengaluru and Silicon Valley in the US, speakers highlighted Dubai’s rapid...

Published 22 Oct, 2024 06:33am

Technology

UAE visa rejections, hosting GITEX in Pakistan: ambassador Faisal Tirmizi breaks it down

DUBAI: Ambassador to the UAE Faisal Niaz Tirmizi did not mince words as he acknowledged the recent ‘visa situation’...

Updated 21 Oct, 2024 01:26pm

Technology

Expand North Star in Dubai: from prosthetic limbs to drones for disaster relief, startups seek to address Pakistan’s challenges

DUBAI: Pakistan is a country grappling with a range of systemic challenges—be it healthcare, city management,...

Published 21 Oct, 2024 06:04am

Business & Finance

From ‘small village’ to humanoid teachers, hugging robots: GITEX GLOBAL highlights Dubai’s rise

DUBAI: Dubai Minister of State for Artificial Intelligence Omar bin Sultan Al Olama reminisced about the time when...

Published 17 Oct, 2024 06:34am

Technology

Gitex Global 2024 begins as Dubai highlights push to diversify economy

DUBAI: The 44th edition of GITEX GLOBAL 2024 — one of the world’s largest technology and startup events — commenced...

Updated 15 Oct, 2024 01:46pm

Technology

Pakistan’s tech sector aims for export boost through GITEX Global in Dubai

DUBAI: Shahid Iqbal, Executive Director of Pakistan-based Premier Cables, had high praise for GITEX Global,...

Updated 15 Oct, 2024 01:45pm

Markets

Europe’s STOXX 600 loses amid corporate earnings slump

PARIS: European shares stumbled on Thursday, weighed down by a string of disappointing corporate earnings, while a...

Published 26 Jul, 2024 06:21am

Business & Finance

UAE-Pakistan Tech Collaboration’s Round Table Session at Abu Dhabi: IT sector top priority of present govt: IT Minister

ISLAMABAD: Minister of State for IT and Telecommunication Shaza Fatima Khawaja has said that Pakistan today is the...

Published 24 May, 2024 06:21am

Markets

China stocks close at 4-1/2-year lows

SHANGHAI: China’s blue-chip share index closed at its lowest level in four-and-a-half years on Monday, with...

Published 24 Oct, 2023 05:05am

Technology

GITEX GLOBAL 2023 kicks off to cement Dubai’s status as ‘hub for tech industry’

DUBAI: Thousands thronged on Monday to the Dubai World Trade Centre on day one of GITEX GLOBAL 2023, officially...

Updated 17 Oct, 2023 11:53am

Editorials

High interest rate environment

EDITORIAL: It seems the Fed-led hawkish interest rate cycle that started last March and battered tech stocks across...

Published 07 Oct, 2023 06:01am

Perspectives

Tech growth under threat in Pakistan due to inflation

Inflation has hit every segment of Pakistan’s society and all income groups of the population are scrambling to cope...

Published 15 Apr, 2023 09:57pm

Business & Finance

GM offers salaried employee buyouts, will take up to $1.5bn charge

WASHINGTON: General Motors Co on Thursday said it was offering buyouts for most of its salaried employees and global...

Published 13 Mar, 2023 06:15am

Business & Finance

SoftBank Group reports $5.9bn Q3 loss on tech slump

TOKYO: Japan’s SoftBank Group on Tuesday reported a surprise $5.9 billion net loss in the third quarter, as a ...

Published 13 Feb, 2023 05:57am

Business & Finance

Amazon layoff signals more pain for tech sector as recession fears mount

BENGALURU: The massive job cuts by Amazon.com Inc , one of the biggest private employers in the United States, show...

Published 09 Jan, 2023 06:00am

Business & Finance

Pakistani-American entrepreneurs keen to invest in IT sector

Pakistani-American IT/Tech entrepreneurs have reiterated their intention to invest in the country’s IT sector to...

Published 17 Oct, 2022 01:00pm

Business & Finance

GoTo seeks to buck tech sector slump with $1.1bn Indonesia IPO

SINGAPORE/JAKARTA: GoTo is banking for a steady market debut after raising $1.1 billion in a relatively cautious ...

Published 11 Apr, 2022 06:51am

Markets

European shares edge lower

PARIS: European shares ended slightly lower on Thursday as rising bond yields and weak results from France’s Atos...

Published 11 Feb, 2022 04:31am

Markets

Tech sector weakness drags Hong Kong shares lower

SHANGHAI: Hong Kong’s Hang Seng index closed lower on Wednesday, as tech shares mirrored weakness in global peers,...

Published 06 Jan, 2022 04:13am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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