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Coronavirus Vaccine

India readies for 600 million COVID vaccine jabs; to use standard cold storage - top government expert

India will deploy its vast election machinery to deliver 600 million doses of COVID-19 vaccines to the most vulnerable people in the next six to eight months through conventional cold chain systems.
Serum Institute of India, the world’s largest vaccine maker, is already mass producing and stockpiling AstraZeneca’s Covishield shot.

Published 12 Dec, 2020 06:22pm

World

U.S. FDA authorizes Pfizer COVID-19 vaccine for emergency use

Pfizer said it would start shipping immediately and state public health systems have been planning to begin shots as early as Monday.

Published 12 Dec, 2020 04:29pm

Business & Finance

US orders 100mn more doses of Moderna COVID-19 vaccine

As per details, the American pharmaceutical company Moderna has confirmed that the US government has decided to buy an additional 100 million doses of its COVID-19 vaccine.

Published 12 Dec, 2020 03:44pm

Business & Finance

ADB announce $9bn vaccine initiative for member countries

More than 14.3 million positive cases have been identified in Asia and the Pacific, causing more than 200,000 deaths.

Published 12 Dec, 2020 10:49am

Business & Finance

Stimulus uncertainty hems in Wall Street; Disney soars

The U.S. Senate, facing a midnight deadline on Friday, unanimously approved a one-week extension of federal funding to avoid a government shutdown and to provide more time for separate negotiations on COVID-19 relief and an overarching spending bill.

Published 12 Dec, 2020 10:30am

World

US approves Pfizer-BioNTech coronavirus vaccine for emergency use

Donald Trump hailed the development and said the first dose would be administered in less than 24 hours.
The US now joins Britain, Bahrain, Canada, Saudi Arabia and Mexico to approve the two-dose regimen.

Published 12 Dec, 2020 10:19am

Pakistan

COVID-19 outbreak: Pakistan records 71 deaths, 2,729 new cases after rapid rise in infections

The total death tally due to the deadly disease has reached 8,724
At least 435,056 people have been infected with the virus across the country since its outbreak

Published 12 Dec, 2020 10:07am

Markets

Stocks slip, dollar gains as concerns remain over stimulus talks

S&P 500, Nasdaq end lower, Dow up slightly.
European stocks close down 0.8%.
Sterling lower as no trade deal on Brexit likely.
Dollar gets boost as risk sentiment sours.

Published 12 Dec, 2020 02:54am

Markets

Oil pulls back amid NY coronavirus curbs

NEW YORK: Oil prices turned lower on Friday, as demand worries due to new coronavirus-related restrictions on...

Published 12 Dec, 2020 02:52am

Markets

Wall St drops as stimulus delay weighs; Disney soars

Walt Disney marks biggest intraday pct gain since March.
Energy and financials lead sectoral declines.
Qualcomm among biggest drags on S&P 500.
Indexes down: Dow 0.5%, S&P 0.8%, Nasdaq 1.0%.

Published 12 Dec, 2020 12:37am

Markets

Oil pulls back amid New York coronavirus curbs

Brent futures fell 20 cents, or 0.4%, to $50.05 a barrel.
US West Texas Intermediate (WTI) crude fell 12 cents, or 0.3%, to $46.66, having risen almost 3% in the previous session.

Published 12 Dec, 2020 12:31am

World

WHO expects decisions on Pfizer, Moderna, AstraZeneca vaccines in weeks

Soumya Swaminathan said the global health body could decide on Pfizer's vaccine candidate in the next "couple of weeks".
WHO approval could allow a vaccine to be deployed in some countries where national medical regulators have not yet been able to evaluate it.

Published 12 Dec, 2020 12:26am

Markets

US drillers add most oil and gas rigs since January: Baker Hughes

The oil and gas rig count, an early indicator of future output, rose 15 to 338 in the week to Dec. 11, energy services firm Baker Hughes Co said.
US oil rigs rose 12 to 258 this week, while gas rigs rose the most in a week since April 2019, gaining four to 79.

Published 12 Dec, 2020 12:22am

World

India readies for 600mn COVID vaccine jabs; to use standard cold storage

India ready for vaccines needing 2 to 8 degrees Celsius storage.
AstraZeneca, Bharat Biotech, RDIF's Sputnik V among frontrunners.
Pfizer, Moderna unlikely to be able to supply India with volumes until H2 2021.

Published 12 Dec, 2020 12:12am

Markets

Stocks fall, dollar rises as concerns remain over stimulus talks

S&P 500 down in afternoon NY trade.
Brexit, virus worries weigh on European shares.
Sterling lower as no trade deal on Brexit likely.
Dollar gets boost as risk sentiment sours.

Published 12 Dec, 2020 12:05am

Markets

Wall Street slips at open as stimulus doubts resurface

The S&P 500 dropped 16 points, or 0.44pc, to 3,652.10, while the Nasdaq Composite dropped 65.45 points, or 0.53pc, to 12.340.35.

Published 11 Dec, 2020 08:22pm

Markets

Stocks subdued by Brexit, U.S. stimulus doubts

European equities fell, with the broad Euro STOXX 600 down 1.1pc and indexes in Paris and London losing 1.2pc and 1pc respectively.

Updated 11 Dec, 2020 07:01pm

Markets

Oil set for weekly gain amid coronavirus vaccine rollouts

Brent was down 19 cents or 0.4pc at $50.06 a barrel by 0946 GMT, after rising above $51 a barrel on Thursday to an early-March high.

Published 11 Dec, 2020 05:57pm

Markets

Indian shares hit record peaks as ONGC soars on higher oil prices

The Nifty Auto Index gained 0.6pc after data from an industry body showed passenger vehicle sales rose nearly 5pc in November, boosted by festive demand.

Published 11 Dec, 2020 05:11pm

World

Moderna begins study of COVID-19 vaccine in adolescents

The trial will enroll 3,000 healthy participants in the United States and will assess the safety and effectiveness of two doses of the company’s vaccine candidate, mRNA-1273, given 28 days apart.
Rival Pfizer/BioNTech have also sought EUA after their coronavirus vaccine’s two-dose regimen proved 95% effective against COVID-19 and had no major safety issues.

Published 11 Dec, 2020 03:38pm

World

Majority of Americans think the pandemic is getting worse: Poll

According to a recent Gallup poll, a majority of Americans (73%) think that the coronavirus pandemic is getting worse.
A majority (72%) of respondents stated that their lives have been disrupted by the pandemic, with 87% stating that this disruption will last beyond the first half of 2021.

Updated 11 Dec, 2020 02:04pm

Pakistan

Coronavirus vaccine will become available in Pakistan in March: Faisal Sultan

The committee will make a final decision on the purchase of the vaccine after considering the views of experts, the SAPM said.
Pakistan has allocated $150 million to secure vaccine doses from various developers.

Published 11 Dec, 2020 12:40pm

World

Sanofi, GSK Covid vaccine to be ready only at the end of 2021

Sanofi and GSK announce a delay in their adjuvanted recombinant protein-based COVID-19 vaccine programme.

Published 11 Dec, 2020 12:12pm

World

Egypt receives first batch of Sinopharm coronavirus vaccines

It was unclear how many doses of the vaccine Egypt had ordered, but the health minister said there would be more shipments in the days to come.

Published 11 Dec, 2020 12:00pm

Business & Finance

China's exports pinched by global run on shipping containers

Industry observers expect the container tightness to persist until coronavirus vaccines are rolled out widely and more global travel resumes.

Published 11 Dec, 2020 11:45am

Markets

South Korea stocks jump on strong trade data, vaccine optimism

The won was quoted at 1,087.1 per dollar on the onshore settlement platform, 0.06% higher than its previous close at 1,087.7.

Published 11 Dec, 2020 11:21am

Markets

Gold inches up as weaker dollar outweighs US stimulus worries

Gold is seen as a hedge against inflation and currency debasement likely to result from large stimulus measures.

Published 11 Dec, 2020 10:51am

Markets

Indian shares set for sixth weekly gain, ONGC jumps

The Nifty Auto Index was up 0.25% ahead of the release of November auto sales numbers by an industry body, due at around 0430 GMT.

Published 11 Dec, 2020 10:48am

Markets

Oil price rally builds steam as coronavirus vaccine rollouts begin

A big jump in US crude stockpiles served as a reminder that there is still plenty of supply available, but was all but ignored as bulls ran through the market this week.

Published 11 Dec, 2020 10:37am

World

Australian Covid vaccine dropped over false positive HIV result

The government said the announcement did not change the planned roll-out of other vaccines to begin in March.

Published 11 Dec, 2020 09:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	157.24
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.08

Stock	Volume
S&P 500 / May 28	5306.04
India Sensex / May 28	75170.45
Tokyo Nikkei / May 28	38790.40
Nasdaq / May 28	17019.88
Hang Seng / May 28	18612.70
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	80.12
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2358.18
Cotton US¢/pound / May 28	78.80
Petrol/Litre / May 29	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 29 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 29 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 29 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 29 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 29 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 29 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 29 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 29 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 29 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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