News Archives for Print - 2023-05-16

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Print - 2023-05-16

The Weather

KARACHI: The weather report on Monday (May 15, 2023) and the forecast for Tuesday (May 16, 2023)...

Published 16 May, 2023 03:23am

Various sectors: WB explains how adoption of 4IR can help create more jobs

ISLAMABAD: The adoption of the Fourth Industrial Revolution (4IR) could create 11 percent more jobs, over and beyond...

Published 16 May, 2023 03:23am

Illicit cigarette industry’s market share expands to 39pc

ISLAMABAD: The illicit cigarette industry share has been increased to 39 percent in the market as compared to claims...

Published 16 May, 2023 03:23am

Punjab CM vows strict action against those who attacked PAF base

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi paid a visit to PAF Base Mianwali and the Judicial Complex...

Published 16 May, 2023 03:23am

Anti-polio campaign begins in Punjab, Sindh

LAHORE: A week-long anti-polio drive began in various districts of Punjab, Sindh and Balochistan on Monday. In...

Published 16 May, 2023 03:23am

Resurgent Erdogan heads for historic election runoff

ISTANBUL: Turkish President Recep Tayyip Erdogan on Monday emerged from his toughest election test unbowed and in...

Published 16 May, 2023 03:23am

Syria attends first Arab League meeting in 11 years

RIYADH: Syria ended over a decade of exile from the Arab League on Monday as its officials took part in a ...

Published 16 May, 2023 03:23am

Europe

Fossil fuel-centred growth is obsolete, says EU’s von der Leyen

BRUSSELS: An energy mix based on fossil fuels cannot deliver sustainable economic growth for future generations,...

Published 16 May, 2023 03:23am

Cyclone Mocha death toll rises to 29 in Myanmar

SITTWE (Myanmar): The death toll from Cyclone Mocha which barrelled through the Bay of Bengal rose on Monday as...

Published 16 May, 2023 03:23am

Sindh PA concerned at climate change threats

KARACHI: The treasury during the Sindh Assembly session singled out the climate change that makes the farmers skip...

Published 16 May, 2023 03:23am

Ufone 4G joins hands with ‘Polio Eradication Initiative’

ISLAMABAD: Ufone 4G, a Pakistani Telecommunica-tion company has embarked on a shared initiative with the Polio...

Published 16 May, 2023 03:23am

Ministry drafts ‘National Artificial Intelligence Policy’

ISLAMABAD: The Ministry of Information Technology and Telecommunication has drafted the “National Artificial...

Published 16 May, 2023 03:23am

South Asia

US calls on India to condemn religious violence

WASHINGTON: The United States wants India to condemn persistent religious violence, a senior official said Monday,...

Published 16 May, 2023 03:23am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (May 15, 2023)....

Published 16 May, 2023 03:23am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (May 15, 2023). ========================== KIBOR...

Published 16 May, 2023 03:23am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Monday (May 15, 2023). ======================== Offer...

Published 16 May, 2023 03:23am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Monday (May 15, 2023). ======================== Offer...

Published 16 May, 2023 03:23am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Monday (May 15, 2023). ======================== Offer Price 1,311.4626 Bid ...

Published 16 May, 2023 03:23am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Monday (May 15, 2023). ======================== Offer Price 1,778.0747...

Published 16 May, 2023 03:23am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Monday (May 15, 2023). ======================== Offer Price 803.2056...

Published 16 May, 2023 03:23am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Monday (May 15, 2023). ======================== Offer Price...

Published 16 May, 2023 03:23am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Monday (May 15, 2023). ======================== Offer Price 605.5094...

Published 16 May, 2023 03:23am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Monday (May 15, 2023). ======================== Offer Price 605.2776...

Published 16 May, 2023 03:23am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 16 May, 2023 03:23am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 16 May, 2023 03:23am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Monday...

Published 16 May, 2023 03:23am

PARTLY FACETIOUS: Einstein’s theory doesn’t explain the black hole

“The theory of relativity is close to the hearts of the people of the Land of the Pure.” “Well I for one...

Published 16 May, 2023 03:23am

Stocks

S&P 500, Dow muted on slowdown fears

NEW YORK: The S&P 500 and the Dow were subdued in choppy trading on Monday after manufacturing data amplified...

Published 16 May, 2023 03:23am

Stocks

China stocks rebound on policy easing hopes

HONG KONG: China stocks pared early losses and rebounded strongly on Monday, as investors pinned hopes on policy...

Published 16 May, 2023 03:23am

Pakistan, Azerbaijan to hold third round of BPCs on 30th

ISLAMABAD: Pakistan and Azerbaijan to hold third round of Bilateral Political Consultations (BPCs) on May 30-June 1,...

Published 16 May, 2023 03:23am

Letters

PDM wants to have its cake and eat it too

The head of both Jamiat Ulma-e-Islam-Fazl (JUI-F) and Pakistan Democratic Movement (PDM), Maulana Fazlur Rahman, ...

Published 16 May, 2023 03:23am

IHC directs IGP to produce Fawad Chaudhry today

ISLAMABAD: The Islamabad High Court (IHC), Monday, directed the Inspector General (IG) Police Islamabad to produce...

Published 16 May, 2023 03:23am

Hajj arrangements reviewed

ISLAMABAD: The meeting of the Standing Committee on Religious Affairs and Inter-faith Harmony was convened on Monday...

Published 16 May, 2023 03:23am

‘PTI has last chance to clarify whether or not it wants to become political party’: Bilawal

ISLAMABAD: Foreign Minister of Pakistan and Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari warned the...

Published 16 May, 2023 03:23am

JI demands extension in census deadline

KARACHI: Jamaat-e-Islami (JI) Karachi on Monday sought another extension for the seventh digital census, saying that...

Published 16 May, 2023 03:23am

JCP recommends ex-Justice Hameed’s name for FSC CJ’s slot

ISLAMABAD: The Judicial Commission of Pakistan (JCP), on Monday, unanimously, recommended the name of former Justice...

Published 16 May, 2023 03:23am

Al-Qadir Trust case: LHC grants Bushra Bibi protective bail till 23rd

LAHORE: A division bench of the Lahore High Court (LHC) on Monday granted protective bail to former first lady ...

Published 16 May, 2023 03:23am

Fragile state of public finances

The information on fiscal operations by the federal and provincial governments in the first nine months of 2022-23...

Published 16 May, 2023 03:23am

PTI’s future?

The conflict between the two sides of the political elite, Pakistan Tehreek-e-Insaf (PTI) and the military, the...

Published 16 May, 2023 03:23am

Stocks

NTS replaces KATS on PSX

KARACHI: Pakistan Stock Exchange (PSX) has successfully launched technologically-advanced New Trading System (NTS)...

Published 16 May, 2023 03:23am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (May 15,...

Published 16 May, 2023 03:23am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Monday (May 15, 2023). ======================== OFFER PRICE 2,332.2362...

Published 16 May, 2023 03:23am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Monday (May 15, 2023). ======================== OFFER PRICE 440.8010...

Published 16 May, 2023 03:23am

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Monday (May 15, 2023). ======================== OFFER PRICE 519.6458...

Published 16 May, 2023 03:23am

Rates

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Monday (May 15, 2023). ======================== OFFER PRICE 1,711.2242...

Published 16 May, 2023 03:23am

Rates

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Monday (May 15, 2023). ======================== OFFER PRICE...

Published 16 May, 2023 03:23am

Rates

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Monday (May 15, 2023). ======================== OFFER PRICE 1,503.1278 BID...

Published 16 May, 2023 03:23am

Rates

EFU INCOME GROWTH FUND

KARACHI: EFU Income Growth Fund Rates on Monday (May 15, 2023). ======================== OFFER PRICE 1,077.9398...

Published 16 May, 2023 03:23am

Rates

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Monday (May 15, 2023). ======================== OFFER PRICE 1,505.2893...

Published 16 May, 2023 03:23am

Rates

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Monday (May 15, 2023). ======================== OFFER PRICE...

Published 16 May, 2023 03:23am

Rates

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Monday (May 15, 2023). ======================== OFFER PRICE...

Published 16 May, 2023 03:23am

Rates

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 16 May, 2023 03:23am

Rates

Dividend/Bonus Announcements

KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange....

Published 16 May, 2023 03:23am

Rates

Board meetings in progress

KARACHI: Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange....

Published 16 May, 2023 03:23am

Rates

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 16 May, 2023 03:23am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (May 15, 2023). ==================================== BR...

Published 16 May, 2023 03:23am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 16 May, 2023 03:23am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (May 15, 2023)....

Published 16 May, 2023 03:23am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (May 15, 2023)....

Published 16 May, 2023 03:23am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (May 15, 2023). ======================== Open Bid Rs...

Published 16 May, 2023 03:23am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 15, 2023)....

Published 16 May, 2023 03:23am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (May 15, 2023). ======================================= Offset Paper...

Published 16 May, 2023 03:23am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (May 15, 2023)...

Published 16 May, 2023 03:23am

Rates

LME official prices

LONDON: The following were Friday official prices. ========================================= ALUMINIUM...

Published 16 May, 2023 03:23am

Energy

Asia Fuel Oil: Spot premiums stable

SINGAPORE: Spot cash premiums in Asia’s fuel oil market were stable on Monday amid thin trade, while Kuwait’s Al...

Published 16 May, 2023 03:23am

Cotton & Textile

Slow business on cotton market

LAHORE: The local cotton market on Monday remained steady and the trading volume remained low. Cotton Analyst...

Published 16 May, 2023 03:23am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday (May 15, 2023)...

Published 16 May, 2023 03:23am

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 176,639 tonnes of cargo comprising 102,566 Tones of import cargo and 74,073...

Published 16 May, 2023 03:23am

Energy

US natgas hits 2-week highs as lower gas output projected

NEW YORK: US natural gas futures climbed to their highest in two weeks on Monday on concerns over a decline in ...

Published 16 May, 2023 03:23am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.350...

Published 16 May, 2023 03:23am

Commodities

Iron ore gains on improved China steel demand

BEIJING: Dalian and Singapore iron ore futures rose on Monday, with investor sentiment buoyed by signs of ...

Published 16 May, 2023 03:23am

Energy

Asia gasoil, jet fuel margins extend fall on ample supply concerns

SINGAPORE: Asia’s 10-ppm sulphur gasoil and jet fuel refining margins fell for the third consecutive trading...

Published 16 May, 2023 03:23am

Energy

Asia gasoline crack rises, naphtha at over 4-month low

NEW DELHI: Asia’s gasoline market extended gains on Monday amid expectations of firm summer season demand. The...

Published 16 May, 2023 03:23am

Commodities

Japanese rubber futures gain

SINGAPORE: Japanese rubber futures ended a four-day losing streak on Monday, tracking a supply-driven boost in the...

Published 16 May, 2023 03:23am

Energy

Oil rises near 2pc

BENGALURU: Oil prices rose about a dollar a barrel on Monday on the prospect of tightening supplies in Canada and...

Published 16 May, 2023 03:23am

Energy

Gas/RLNG supply: PAKSEA concerned at withdrawal of concessionary tariff

KARACHI: While expressing grave concern over the recent move of withdrawal of concessionary tariff on gas/RLNG ...

Published 16 May, 2023 03:23am

Energy

Dismal performance: Top brass of Sepco, Hesco grilled by Nepra

ISLAMABAD: The National Electric Power Regulator Authority (Nepra) on Monday quizzed the top brass of Sukkur ...

Published 16 May, 2023 03:23am

Rates

Stocks up on fresh buying

KARACHI: Pakistan Stock Exchange on Monday witnessed a mixed trend due to investors’ lack of interest on ...

Published 16 May, 2023 03:23am

RRMC floats budget proposals

ISLAMABAD: Reforms and Resource Mobilization Commission (RRMC) has recommended the withdrawal of the quarterly...

Published 16 May, 2023 03:23am

Veteran playwright, actor Shoaib Hashmi passes away

LAHORE: Veteran playwright, actor and Professor Shoaib Hashmi breathed his last on Monday, Shoaib Hashmi who had...

Published 16 May, 2023 03:23am

Money & Banking

Turkey’s dollar bonds and stocks tumble as Erdogan in pole position for runoff

LONDON: Turkey’s sovereign dollar bonds and equities tumbled, and the cost of insuring exposure to the country’s...

Published 16 May, 2023 03:23am

Commodities

Palm oil ends lower on rising output

KUALA LUMPUR: Malaysian palm oil futures closed lower on Monday, weighed by concerns over higher production as well...

Published 16 May, 2023 03:23am

Commodities

Copper prices rebound with China liquidity injection

LONDON: Copper prices rose on Monday as a liquidity injection by China’s central bank demonstrated support for the...

Published 16 May, 2023 03:23am

Commodities

Gold gains on dollar pullback

NEW YORK: Gold advanced on Monday on a weaker dollar as traders stuck to bets on interest rate cuts before year-end...

Published 16 May, 2023 03:23am

FPCCI for passing oil price dip benefit on to consumers

KARACHI: Irfan Iqbal Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has ...

Published 16 May, 2023 03:23am

Taxes

Kazakhstan envoy meets FBR chief

ISLAMABAD: Ambassador of Kazakhstan to Pakistan H.E Yerzhan Kistafin called on Chairman FBR Asim Ahmad Monday at FBR...

Published 16 May, 2023 03:23am

Commodities

Gold, silver higher

KARACHI: Gold and silver prices on Monday posted sizeable gains on the local market, traders said. Gold was...

Published 16 May, 2023 03:23am

Economic disaster: BMG, KCCI urge all institutions, stakeholders to sit down together

KARACHI: The leadership of Businessmen Group (BMG) and Karachi Chamber of Commerce & Industry (KCCI) while...

Published 16 May, 2023 03:23am

PSW extends scope of operations to all dry ports except Quetta

Taxes

Vows that those involved in vandalism will be brought to justice through trials under relevant laws of Pakistan including Pakistan Army Act and Official Secrets Act

Updated 16 May, 2023 09:28am

IK claims govt seeking 10-year imprisonment for him

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Monday claimed that the Pakistan Democratic Movement...

Updated 16 May, 2023 09:14am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	281.78
USD PKR Interbank Buying / May 14	281.68
USD to Japanese Yen / May 14	146.04
USD to Swiss Franc / May 14	0.84
Pound Sterling to USD / May 14	1.33
Euro to USD / May 14	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
India Sensex / May 14	81,330.56
Tokyo Nikkei / May 14	37,705.74
Nasdaq / May 14	19,146.81
Hang Seng / May 14	23,574.72
FTSE 100 / May 14	8,585.01
Dow Jones / May 14	42,051.06
Germany DAX 30 / May 14	23,527.01
France CAC40 / May 14	7,836.79

Item	Value
Crude Oil USD/Barrel / May 14	61.91
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Gold Spot USD/Ounce / May 14	3,152.57
Cotton US¢/pound / May 14	65.37
Petrol/Litre / May 15	252.63
Diesel/Litre / May 15	256.64

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.06 ▲ 0.45 (17.24%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.68 ▲ 0.44 (13.58%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
Saif Textile / May 15 Saif Textile Mills Limited(SAIF)	9.76 ▲ 1 (11.42%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Sana Ind / May 15 Sana Industries Limited(SNAI)	25.81 ▲ 2.35 (10.02%)
Arctic Textile / May 15 Arctic Textile Mills Limited(ARCTM)	23.63 ▲ 2.15 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)
AN Textile Mills / May 15 AN Textile Mills Limited(ANTM)	11.87 ▲ 1.08 (10.01%)

Stock	Price
Tariq Corp.Pref. / May 15 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.11 ▼ -1 (-12.33%)
Baba Farid Sugar / May 15 Baba Farid Sugar Mills Limited(BAFS)	52.60 ▼ -5.83 (-9.98%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	9.86 ▼ -1.09 (-9.95%)
TPL Life Insur. / May 15 TPL Life Insurance Limited(TPLL)	46.80 ▼ -4.5 (-8.77%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	8.06 ▼ -0.77 (-8.72%)
Tri-Star Mutual / May 15 Tri-Star Mutual Fund Limited(TSMF)	8.06 ▼ -0.74 (-8.41%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	27.12 ▼ -2.17 (-7.41%)
Sanghar Sugar / May 15 Sanghar Sugar Mills Limited(SANSM)	55.53 ▼ -4.41 (-7.36%)
Quetta Textile / May 15 Quetta Textile Mills Limited(QUET)	11.25 ▼ -0.89 (-7.33%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	35,573,272 ▲ 1.67
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	32,987,258 ▲ 0.18
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	31,708,969 ▲ 0.27
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	23,817,234 ▲ 3.11
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	17,993,842 ▲ 0.23
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	17,195,633 ▲ 0.68
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	15,746,172 ▲ 0.11
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	13,148,178 ▲ 2.01
B.O.Punjab / May 15 The Bank of Punjab(BOP)	12,296,995 ▲ 0.12
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	10,830,051 ▲ 3.58

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