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technology sector

Zarea Limited seeks Rs1bn listing on PSX

KARACHI: Zarea Limited, Pakistan’s leading e-commerce marketplace for commodities, has filed for listing on the...

Published 29 Oct, 2024 03:27am

Business & Finance

IBM to close China R&D department, affecting over 1,000 jobs

BEIJING: IBM will completely shut its China R&D operation, affecting more than 1,000 jobs, the US technology...

Published 26 Aug, 2024 05:41pm

Islamabad IT Park to help achieve $25bn IT export goal: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has stated that Islamabad information technology (IT) park will prove to be...

Updated 20 Aug, 2024 09:33am

Pakistan

Government to establish 10 IT parks by next year: IT Ministry

The project of Islamabad IT Park will be completed with the cooperation of South Korea

Published 22 May, 2024 05:54pm

Business & Finance

IT sector: Blome says US keen to broaden ties

ISLAMABAD: The United States has expressed the desire to broaden cooperation with Pakistan in the information...

Published 16 May, 2024 06:28am

Markets

European shares end higher on tech support

PARIS: European shares notched its biggest one-day gain since a week ago on Friday, driven by gains in the ...

Published 04 May, 2024 05:48am

Markets

Europe’s STOXX 600 logs best day in three months

PARIS: Europe’s benchmark stock index had its biggest one-day gain in more than three months on Friday, propelled...

Published 27 Apr, 2024 05:03am

Markets

Tech selloff drags down European shares

PARIS: European shares were hurt by a steep selloff in the technology sector on Monday, while investors turned wary...

Published 12 Mar, 2024 04:28am

Pakistan

Kashif Manzoor appointed CEO Confiz

KARACHI: Confiz, a leading professional services company, announced the appointment of Kashif Manzoor as its new...

Published 02 Mar, 2024 04:16am

Markets

European shares advance as chipmakers rally

PARIS: European shares bounced back on Thursday following three straight sessions of losses, buoyed by Richemont and...

Published 19 Jan, 2024 05:37am

Perspectives

Busting myths: is Pakistan replete with tech talent?

In 2014, Pakistan came third – perhaps for the first time ever, in a global football event – the Street Child...

Updated 17 Nov, 2023 11:59pm

Business & Finance

Innovative wins gold for ‘iEngage’ at ICT Awards

KARACHI: Innovative Pvt Limited (IPL) has been recognised as a trailblazer in the fintech industry by securing the...

Published 10 Nov, 2023 03:07am

Pakistan

DG PMNH for investing more in science, technology sector

ISLAMABAD: Director General of the Pakistan Museum of Natural History (PMNH), Prof. Dr Muhammad Akram Shaikh has...

Published 31 Jul, 2023 06:43am

Technology

‘Asset-light’: startup Jugnu, after raising $22.5mn in 2022, scales back operations

Jugnu, which pitched itself as a B2B ecommerce startup and announced a fund-raise of $22.5 million in March 2022,...

Updated 19 Jul, 2023 07:37pm

Technology

After raising $11.5mn last year, MedznMore says it has shut operations

Co-founder says company in talks 'with a few large players who have shown interest in buying its technology and brand, Tabiyat.pk'

Updated 15 Jul, 2023 05:19pm

Markets

Alibaba, Tencent shares rise as investors bet China’s tech crackdown is over

HONG KONG: Alibaba Group and Tencent shares rose in Hong Kong on Monday after China’s $984 million fine against ...

Published 11 Jul, 2023 06:08am

Perspectives

2023: the year of challenges, opportunities for Pakistan’s startup ecosystem

To stay competitive in the 4th industrial revolution, characterised by the integration of advanced technologies, Pakistan must revisit its education system

Published 13 Feb, 2023 02:10am

Technology

Co-founder of Spades, a UAE-based payments solution, advises startups against ‘aggressive customer acquisition’

Adnan Haque, the co-founder of a contactless payments solution that is being used at some 200 restaurants in the ...

Updated 17 Aug, 2022 12:58pm

Business & Finance

July-April IT exports surge to $2.198bn

ISLAMABAD: The Information Technology (IT) exports remittances including telecommunication, computer, and ...

Published 21 May, 2022 04:34am

Markets

Toronto index rebounds on energy, tech boost

Canada’s main stock index rebounded on Friday on the back of gains in energy and technology stocks, but was set to...

Published 13 May, 2022 08:49pm

Markets

China shares end higher

SHANGHAI: China’s main stock indexes rose on Wednesday as fresh inflation data raised hopes policymakers could ...

Published 17 Feb, 2022 06:37am

Pakistan

Foundation stone-laying ceremony of Technopolis held: PM for job creation, boosting exports

LAHORE: Terming boosting of exports and creation of jobs as two main issues, Prime Minister Imran Khan said on...

Published 24 Dec, 2021 05:43am

Business & Finance

Inaugurating Lahore Technopolis, PM says IT sector could end Pakistan’s CAD concerns

Special technology zone has been established under Lahore Knowledge Park Company

Updated 23 Dec, 2021 06:53pm

Technology sector: PM for exploiting true potential

ISLAMABAD: Prime Minister Imran Khan said the government was focused on exploiting true potential of exports in the...

Published 23 Dec, 2021 04:23am

Technology

PM Imran directs authorities to facilitate investment in IT sector

Says govt focused on exploiting full potential of exports

Updated 22 Dec, 2021 06:45pm

Technology

‘Digital tech can unlock Rs9.7trn annual economic value by 2030’

KARACHI: Digital transformation can help Pakistan unlock up to Rs.9.7 trillion (59.7 Billion USD) in annual economic...

Updated 25 Nov, 2021 08:07pm

Business & Finance

IT sector eyes $2bn export during FY2021-22

KARACHI: The country’s Information Technology sector eyes $2 billion mark for export of its products and services...

Published 19 Nov, 2021 04:35am

Business & Finance

SCB announces top 7 winners of 'Women in Tech Programme'

KARACHI: Standard Chartered Bank Pakistan, in partnership with INNOVentures Global (Pvt) Limited, has announced the...

Published 27 Aug, 2021 04:52am

BR Research

Interview with Amer Hashmi, Chairman, Special Technology Zones Authority

“Special technology zones will provide enabling environment for local and foreign firms”. Amer Hashmi was...

Updated 16 Jul, 2021 08:47pm

World

Israel ‘start-up nation’ era may be ending

OCCUPIED JERUSALEM: The number of new start-ups in Israel is in decline, a publicly funded agency said Wednesday,...

Published 17 Jun, 2021 03:27am

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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