Benchm­ark index rises 0.34% to settle at 35,703.81KARACHI: The stock market on Friday extended its gains from the previous sessions as the KSE-100 index rose 122 points amid volatile trading. Despite uncertainty, the cement sector outperformed the market and most of the stocks in the sector remained in the black. “Traded volumes decreased 38% over Thursday’s session to 142 million shares while the traded value decreased to $40 million,” he said. The cement sector stood strong with heavy volumes where Pioneer Cement (+5%), Maple Leaf Cement (+5%), Lucky Cement (+3%), Fauji Cement (+3.6%), Cherat Cement (+2.6%) and DG Khan Cement (+1.4%) remained positive. Unity Foods was the volume leader with 12.3 million shares, closing stable at Rs11.74.

May 24, 2019 13:17 UTC

Afghanistan’s cricketers have long been heralded as a beacon of hope for a nation torn apart by conflict but they have earned the right to be taken more seriously than a mere human interest story at their second World Cup. Having won last year’s World Cup Qualifier tournament by beating West Indies in the final, the Afghans will arrive in England looking to make the transition from plucky underdogs to knockout round contenders. Maiden WinIn 2015, their World Cup debut, Afghanistan gave Sri Lanka a shock by dismissing both openers for a golden duck and recorded their maiden win against Scotland before being brought down to earth with a big bump by co-hosts Australia. Former West Indies all-rounder Phil Simmons will guide them through this year’s tournament, having coached Ireland to wins over Pakistan, Bangladesh, England, West Indies and Zimbabwe at three World Cups. “I am trying to make sure the captaincy change does not have an impact on our World Cup preparation.”

May 24, 2019 12:56 UTC

The BEAT BAM BOOGIE by Stockanotti sees us dance into summer with a firework full of power and joy of life. To many it is already the new summer hit with more than a million YouTube clicks, and a crazy surprise to everyone. Because behind the Stockanotti is not one of the great songwriters who churn out hits as you may believe, but an extraordinary artist: The also extraordinary 5-star-hotelier Daniel Stock. No one parties, lives and loves like him. Stockanotti is pure power – and breaks free from all rules and roles to heat up the dance floors of summer!

May 24, 2019 12:50 UTC

Will attend a Shauka­t Khanum fundra­iser, intera­ct with city's busine­ss commun­ityKARACHI: Prime Minister Imran Khan arrived in Karachi on Friday on a day-long visit to meet businessmen and attend a fundraiser for the Shaukat Khanum Memorial Cancer Hospital. He was accompanied by Minister for Maritime Affairs Ali Zaidi, Commerce Adviser Abdul Razak Dawood and Special Assistant to PM Naeemul Haq. The prime minister would also chair a meeting regarding the launch of Naya Pakistan housing scheme in Sindh besides interacting with a delegation of coalition parties. The premier is also expected to pay a condolence visit to the family of deceased federal minister Ali Muhammad Mehar in Ghotki, who passed away earlier this week after suffering a cardiac arrest. With additional input from News DeskRead full story

May 24, 2019 12:33 UTC

PARIS, FRANCE: Reigning champion Simona Halep on Friday said that the pressure was off ahead of the start of her French Open title defence after ending her long wait for a Grand Slam trophy 12 months ago. “(It’s) much better and much easier, because I have the title already,” said Halep, who is the bookmakers’ favourite to win a second straight title. Now, she concedes that she is maybe “too happy” to have put herself in the position of defending champion, with a possible gruelling fortnight ahead. A shock loss in her first match last week in Rome to Czech teenager Marketa Vondrousova followed, but her confidence remains high of another run deep into the French Open draw. “It’s going to be a very tough match (against Tomljanovic),” added Halep, also a two-time French Open runner-up.

May 24, 2019 11:26 UTC





It was not immedi­ately clear what caused the explos­ionKABUL: A prominent Afghan religious scholar was killed and another 16 people wounded in a blast during Friday prayers at a Kabul mosque, officials said. It was not immediately clear what caused the explosion, which took place at the Al-Taqwa mosque in eastern Kabul, where Mawlawi Raihan had been the imam, or prayer leader. “Unfortunately in the blast, Mawlawi Raihan has been martyred and 16 other worshippers were wounded,” said Nasrat Rahimi, spokesman for the interior ministry. The explosion took place around 1:20 pm (0850 GMT). Police spokesman Firdaws Faramarz confirmed to AFP that Raihan was killed and said investigators were probing the nature of the explosion.

May 24, 2019 11:22 UTC

SWITZERLAND: Roger Federer on Friday hailed the “wonderful” addition of the Laver Cup, one of three men’s tennis team events, to the official ATP calendar. It will be in competition with the revamped Davis Cup and the ATP World Team Cup. World number one Novak Djokovic played in the Laver Cup last year but has also been one of the driving forces behind bringing back the ATP World Team Cup. “The Laver Cup is a true celebration of tennis that is loved by the fans and embraced by the players,” said the 15-time Grand Slam champion. The inaugural Davis Cup finals — which have replaced the World Group after funding from Barcelona footballer Gerard Pique’s investment company Kosmos — will be held in November in Madrid, while Sydney will host the first World Team Cup finals next year.

May 24, 2019 11:15 UTC

MANCHESTER: Before his dramatic fall from grace, Steve Smith was drawing comparisons with Australian batting icon Donald Bradman, and there are signs he is ready to pick up where he left off. It proved catastrophic, with his career and reputation crumbling — he was banned for a year and sacked as national captain. “Best physical condition of his life,” coach Justin Langer said recently of Smith, who is also returning from elbow surgery. Warner can be more explosive but it was the dependable Smith who was Australia’s leading run-scorer during their successful 2015 World Cup campaign. Despite this, Langer said the experience of both Smith and Warner would be vital for skipper Aaron Finch and his deputies Pat Cummins and Alex Carey.

May 24, 2019 11:15 UTC

SANGHAR: Three men were awarded death sentences on Friday by an additional sessions court in Sanghar district of Sindh for the gang-rape of a grade nine student in 2010. Session Judge Inayatullah Bhutto handed death sentence to Jahanzeb Qaimkhani, Danish Qaimkhani and Wasim Qaimkhani after they were found guilty of rape. All the convicts, who were present during the hearing on Friday, were arrested by police from within the court premises after the verdict was announced. The judge, however, exonerated three women who were nominated in the case. The women are relatives of the convicts and were friends of the victim.

May 24, 2019 11:10 UTC

The fable of the other Nobel laureate from PakistanGod: A human history was released by Bantam Press at Penguin Random House United Kingdom in November 2017. The work details the history of faith as an organised attempt to make sense of the divine by attributing human traits and emotions onto it. The (dis)order of time in the words of a poetic physicistIn conversation with Reza AslanHow have your personal spiritual experiences shaped the human history of God? My message is still the same, but instead of writing religious history books, I will be working in another field. Book reviewGod: A Human History is divided into three parts, the first of which is about early human beings, their beliefs, and the evolution of faith.

May 24, 2019 10:51 UTC

THARPARKAR: Four newborn children died of malnutrition and epidemics in different areas of Tharparkar, the health department said on Friday. Among dozens affected of malnutrition and under treatment at Civil Hospital Mithi and Tehsil Hospital Chachro, four newborn children breathed their last. The latest deaths have taken the death toll in Tharparkar in May to 50 and 326 in the current year. According to the health department, every year 1,500 children die due to malnutrition, infections and lack of proper medical facilities in the remote region. “Pakistan is the riskiest place to be born as measured by its newborn mortality rate,” the report stated.

May 24, 2019 10:50 UTC

LAHORE: Punjab Chief Minister Sardar Usman Buzdar on Friday distributed cheques worth Rs1 million among families of the victims of the Data Darbar shrine explosion. In a meeting with the bereaved families, the CM expressed sympathy and prayed to Almighty Allah to grant all blast martyrs higher ranks in Jannah. “I feel the sorrow of all of you who lost their beloved ones and we are part of your grief. He gave salutation to the families of martyred and said that the sacrifice of the martyred men will not go in vain. Martyred police officials included head constables Shahid Nazir, Muhammad Sohail, and Constable Muhammad Saleem.

May 24, 2019 10:45 UTC

MULTAN: The head of South Punjab Executive Council, Tariq Bashir Cheema, said that the South Punjab Civil Secretariat will be made functional from July while the capital of the new-province will be soon announced by Prime Minister Imran Khan. Speaking to media, Cheema assured that PM Khan has started materializing his promise of creating a new province of Southern Punjab and will also announce its capital shortly. Further explaining the plan, the Pakistan Muslim League – Quaid (PML-Q) leader said, Mian Chunnu will be the gateway of South Punjab, whereas, the board of revenue, public service commission and special secretaries will be employed for all other departments. A few days earlier, Foreign Minister Shah Mehmood Qureshi unveiled that the new South Punjab province will comprise Multan and Bahawalpur divisions and it will have 120 seats in the Parliament under Article 106. Qureshi added that an amendment in Article 218 would be needed for increasing the number of provinces to five and the government will seek cooperation from other political parties for getting a two-thirds majority in the parliament.

May 24, 2019 10:42 UTC

ISLAMABAD: The Federal Investigation Agency (FIA) on Friday sought more time from the anti-terrorism court (ATC) to submit detailed evidence in MQM leader Dr Imran Farooq’s murder case. ATC Judge Shahrukh Arjumand was hearing a case pertaining to the murder of Imran Farooq who was killed in England in 2010. During the hearing, the FIA sought some more time from the court to submit detailed evidence of the case. However, the defence lawyer pleaded the court to reject the FIA’s plea. The court after hearing the arguments of both parties reserved its judgement and adjourned the case’s hearing till May 30.

May 24, 2019 10:36 UTC

ISLAMABAD: After Islamabad High Court (IHC), another petition was filed in the Supreme Court on Friday seeking the disqualification of Adviser to Prime Minister on Finance Abdul Hafeez Sheikh and Governor of State Bank of Pakistan (SBP) Reza Baqir. The petition, filed by Advocate Iqbal Haider on behalf of Maqsood Ahmed, seeks disqualification of Hafeez Sheikh and Reza Baqir on basis of dual-nationality, demanding to nullify verdict of the Sindh High Court (SHC). The petition claimed that the SHC gave its decision into the affair ‘without reviewing the facts’. “Sindh High Court, in its decision, stated that it was in federal government’s authority to appoint both Abdul Hafeez Sheikh and Reza Baqir. Giving a charge to someone who is a dual national defies the orders of Supreme Court,” the petition said.

May 24, 2019 10:33 UTC