Prime Minister Muhammad Shehbaz Sharif interacts with students at the ceremony of merit-based distribution of laptops among high-achieving students under the Prime Minister’s Youth Laptop Scheme 2023
PSX stays bullish, gains 570 points
ISLAMABAD, Jul 11 (APP):The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 570.67 points, a positive change of 1.28 percent, closing at 45,155.80 points against 44,585.13 points the previous trading day.
A total of 555,100,181 shares were traded during the day as compared to 440,221,059 shares the previous day, whereas the price of shares stood at Rs.15.487 billion against Rs.12.086 billion on the last trading day.
As many as 363 companies transacted their shares in the stock market; 253 of them recorded gains and 92 sustained losses, whereas the share price of 18 companies remained unchanged.
The three top-trading companies were WorldCall Telecom with 35,089,048 shares at Rs.1.28 per share; Pak Refinery with 31,421,276 shares at Rs.16.95 per share and Fauji Foods Ltd with 23,204,209 shares at Rs.6.74 per share.
Rafhan Maize witnessed a maximum increase of Rs.242.95 per share price, closing at Rs.8,597.95, whereas the runner-up was Khyber Textile with an Rs.55.89 rise in its per share price to Rs.801.09.
Bata (Pak) witnessed a maximum decrease of Rs.38.35 per share closing at Rs.1,714.65; followed by Siemens Pakistan with Rs.16.01 decline to close at Rs.699.99.
As a gesture of respect for meritocracy, Prime Minister Muhammad Shehbaz Sharif offered his chair to a high-achiever of Buner University, who was also rewarded a laptop under the Prime Minister’s Youth Laptop Scheme 2023
As a gesture of respect for meritocracy, Prime Minister Muhammad Shehbaz Sharif offered his chair to a high-achiever of Buner University, who was also rewarded a laptop under the Prime Minister’s Youth Laptop Scheme 2023
Ombudsman institutions functioning with full govt’s support: Ejaz
ISLAMABAD, Jul 11 (APP): The Ombudsman institutions are functioning in Pakistan with the full support of its citizenry and the incumbent government.
This was stated by Wafaqi Mohtasib (Federal Ombudsman) Ejaz Ahmad Qureshi while addressing an international seminar in Bangkok on the role of the Asian Ombudsman as a mechanism for promoting fair administration, good governance and the rule of law, a news release on Tuesday said.
The seminar was held as part of the Asian Regional Meeting 2023 hosted by the International Ombudsman Institute (IOI) which is a global ombudsman body with over 200 members from across the globe.
In his address to the seminar, Qureshi emphasized that the institution of Wafaqi Mohtasib was playing its due role in the dispensation of administrative justice, thereby complementing the efforts of the supreme judiciary in providing justice to all citizens.
He said that the steps taken by the Wafaqi Mohtasib’s institution to check against the maladministration and administrative excesses of government agencies, in fact, contribute towards promoting good governance, the rule of law and respect for human rights.
Highlighting the growth of the institution as an effective mechanism for speedy and inexpensive justice, Wafaqi Mohtasib Ejaz Ahmad Qureshi stated that it has perfected its complaints-handling mechanism over the last 40 years.
The incidence of complaints has touched an all-time high figure of 164,173 during 2022 and the disposal of 157,798 complaints has been unprecedented.
During the first six months of the current year, it has received 90,660 complaints and disposed of 92,387 complaints including the backlog which is reflective of the public confidence in the institution.
Addressing the international seminar, Qureshi said the ombudsmanship has taken firm roots in Pakistan.
The ombudsman institutions are functioning in the country with the full support of its citizenry and the government.
He said the Wafaqi Mohtasib’s institution meets all the given standards in terms of the Venice Principles (2019), the Paris Principles (1993) and the UN Resolution 77/224 of December 2022. Ejaz Ahmad Qureshi being the current President of the Asian Ombudsman Association (AOA), also chaired an informal meeting of the AOA members on the sidelines of the international seminar.
He reiterated Pakistan’s commitment to the cause of ombudsmanship as a means to achieving the ultimate goals of good governance and the rule of law and assured the membership of an active role by AOA in strengthening cooperation within the ombudsman fraternity.
Marriyum terms news item published about Azam Chaudhry as false, baseless
ISLAMABAD, Jul 11 (APP): Minister for Information and Broadcasting Marriyum Aurangzeb said on Tuesday that the news item published in Friday Times about Azam Chaudhry was false and baseless.
In a tweet, she said that Azam Chaudhry was not a Pakistan Television Corporation employee and had never been a PTV employee.
She said that he has only been a member of an issues-based analyst pool for PTV. He has not been removed from the pool and has not been asked to leave.
She clarified that nothing of the sort has been communicated to him and he is part of the PTV Lahore analysts pool as she was writing this tweet.
She said that the views and opinions of the said journalist were known to the government at the time he was invited to the press conference.
“If the government wanted to suppress his voice or questions, he would not have been invited and given an opportunity to ask his questions. The Prime Minister answered his questions in detail,” she said.
The minister said that she also answered his questions. She said that the PM spent a significant amount of time answering questions from various reporters at Governor’s House that day.
The minister said that unlike the previous PTI regime and its fascist PM, who was declared a Press Freedom Predator by Reporters Without Borders, PM Shehbaz and the present government firmly believed in the freedom of media.
The PTI government used to only allow selected reporters and journalists to its fascist PM’s press conferences, she remarked. The present government ensured that PM Shehbaz Sharif’s press conferences are open to all reporters and journalists.
The minister said that this story was published without taking the government’s point of view which was unprofessional and fell short of journalistic ethics and standards.
Prime Minister Muhammad Shehbaz Sharif performing the inaugural ceremony of the main campus of a University in Darra Adam Khel at Governor House
Prime Minister Muhammad Shehbaz Sharif performing the inaugural ceremony of the main campus of a University in Darra Adam Khel at Governor House
Prime Minister Muhammad Shehbaz Sharif distributes laptops on merit basis among high-achieving students under the Prime Minister’s Youth Laptop Scheme 2023
Prime Minister Muhammad Shehbaz Sharif distributes laptops on merit basis among high-achieving students under the Prime Minister’s Youth Laptop Scheme 2023
