Trends - Karachi - Business Recorder

Karachi

Collaboration necessary for development in Karachi: Asad Umar

"Sindh government has the right to remove encroachments" — not the federal government, the planning minister clarified.
The vaccine will reach Pakistan "by March", says Asad Umar.

Published 16 Jan, 2021 08:12pm

Pakistan

Sindh, Centre started different projects in Karachi: CM

The CM said the federal, provincial governments had committed to undertake K-IV, sewerage treatment, road network, Malir Expressway, Green Line, yellow Line, Orange Line and KCR.

Published 16 Jan, 2021 07:16pm

Pakistan

At 15.97%, Karachi has the highest coronavirus positivity rate in the country: NCOC

NCOC said the national positivity rate is 5.9%.
According to health experts, the surge in coronavirus cases in Karachi is due to the ideal weather conditions.

Published 15 Jan, 2021 12:40pm

Pakistan

Sindh reports new 1,547 cases, nine deaths in past 24 hrs

“We have currently 17,250 COVID-19 patients,” says Chief Minister.
During the period 2,852 recovered from the virus.

Updated 11 Jan, 2021 07:04pm

Pakistan

Terrorists may target govt buildings in Karachi: warns KMC

KMC asked the concerned authorities to beef up the security of all the government buildings in the city and ensure checking of vehicles and people at the entrance. '
The corporation has also imposed a ban on the entry of unrelated persons and vehicles at the premises of the KMC office.

Published 09 Jan, 2021 08:08pm

Pakistan

Karachi’s mercury drops to 5.8º Celsius as cold wave persists

The wind speed may increase in the day, said a statement issued by Met office director.
Karachi had recorded its coldest night in last 12 years when the mercury dropped to 5.6°C on the new year night between Thursday and Friday.

Published 09 Jan, 2021 03:34pm

Pakistan

Fire at factory in Karachi’s SITE area injures multiple people

The fire erupted in a cylinder warehouse located in Haroonabad.
Sindh CM directed Karachi Administrator Laeeq Ahmed to ensure that the fire is put out immediately.

Published 09 Jan, 2021 01:56pm

Business & Finance

OGRA grants KE license for RLNG pipeline Construction & Operation

K-Electric had submitted an application for the same on 18 May 2020, so as to ensure the pipeline would be built in time for the commissioning of the first unit of BQPS-III.

Published 08 Jan, 2021 04:04pm

Sports

Squads, pool prize for Pakistan Cup announced

33-match tournament to be played from 8-31 January at three Karachi venues.
Winners to bag PKR5million, runners-up prize PKR2.5million; PKR1million to be equally shared between best performers.

Published 07 Jan, 2021 01:39pm

Business & Finance

Sugar rate jumps yet again

Abdul Rauf Ibrahim, chairman of the wholesale market, said that the condition of NTN would make it easier to identify hoarders.

Published 07 Jan, 2021 10:50am

Terror alert issued for Karachi

ISLAMABAD: The National Counter-Terrorism Authority (NACTA) has issued threat alert that hostile international...

Published 07 Jan, 2021 03:15am

Karachi: Several roads blocked as protests continue for 2nd day

KARACHI: In order to express solidarity with the bereaved families of Sunday’s Mach tragedy victims from Shia...

Published 07 Jan, 2021 03:15am

Pakistan

NACTA issues warning of terror attack on key installations in Karachi

Key government buildings or installations could be targeted in the attack by foreign-backed terror elements, warns the Authority.
The information has already been shared with the relevant Law Enforcing Agencies in Sindh.

Updated 06 Jan, 2021 09:10pm

Pakistan

Local govt issues new traffic guidelines for Karachi’s Burns Road food street

The Shahrae Liaquat intersection from Fresco Chowk to Court Road will be blocked from 7pm onwards from January 10.
Traffic from Arambagh to Fresco Chowk will be diverted to the MA Jinnah Road on the left and the Peoples Square on the right.

Updated 06 Jan, 2021 05:56pm

Pakistan

PM Imran likely to visit Karachi next week: Governor Sindh

“He will come to Karachi to grace the handing over ceremony. Inshallah Green Line buses will be arriving soon,” says Imran Ismail.
The Governor briefed Imran Khan over ongoing projects in Karachi.

Published 05 Jan, 2021 08:35pm

Pakistan

Sindh reports 11 deaths, over 1,000 cases in past 24 hours

It may be noted that 828 out of total cases or 79 per cent belong to Karachi, says CM.
As many as 12,457 samples tested during the period out of which 1,049 came positive.

Updated 05 Jan, 2021 07:04pm

Pakistan

SHC rejects issuing stay order against anti-encroachment drive in Karachi

In the petition, the hotels’ owners pleaded the court to stop the demolition of the restaurants constructed on the plots ‘being used for both commercial and residential purposes’.
A petition was filled in the Court to challenge the demolition of restaurants during the drive along Karachi’s Super Highway.

Updated 05 Jan, 2021 03:31pm

Pakistan

Cold wave like to last few more days in Karachi: Met office

The maximum temperature during the day could remain between 24 – 26 ºCelsius in the port city today.
Rain-thunderstorm (with snowfall over hills) is expected in Islamabad, upper and central Punjab, upper Khyber Pakhtunkhwa, Gilgit-Baltistan and Kashmir.

Published 05 Jan, 2021 01:58pm

Business & Finance

Restructuring Plan: PIA not shifting headquarters to Islamabad

PIA added that the company is in the process of improving and restructuring the airline to make it a profitable venture despite severe constraints particularly COVID-19 pandemic that has impacted PIA as well as the airline industry.

Updated 05 Jan, 2021 01:09pm

Pakistan

Karachi PIA plane crash: Investigation board head removed

The Air Commodore retired from the Pakistan Air Force on December 31 at the end of his term.
PIA flight PK-8303 had crashed in a residential area near Jinnah International Airport in Karachi a few moments before landing.

Updated 04 Jan, 2021 06:23pm

Pakistan

Several Karachi areas experiencing hours-long gas load shedding

The gas supply to captive power units of the non-export industrial units in Karachi was also suspended.
According to the Sui Southern Gas Company (SSGC) it was facing a gas shortage of 150 mmcfd.

Updated 02 Jan, 2021 07:57pm

Pakistan

Suggested strict restrictions to contain COVID-19 spread in Pakistan: Dr Zafar Mirza

"I had advised the premier to impose strict restrictions to contain the virus spread. I suggested we lockdown the country in March."
He took the charge as the SPAM on Health back in April 2019.

Published 02 Jan, 2021 06:43pm

Pakistan

Karachi has the highest COVID-19 positivity rate in the country: NCOC

Karachi has the highest positivity rate in the country at 15.7%.
So far, five UK returnees have been detected with the new coronavirus variant in Karachi.

Updated 02 Jan, 2021 01:42pm

Pakistan

CAA announces to install E-gates at major airports of Pakistan

The CAA has announced that in the first phase of the operation, e-gates will be installed at airports in Karachi, Lahore and Islamabad.
E-gates are a self-automated service option which facilitates the passengers by scanning their passport before issued them their boarding passes.

Updated 01 Jan, 2021 07:17pm

Pakistan

Karachi at its coldest in 10 years after temperature drops to 5.6°C

The last time the city saw the lowest temperature was in the year 2014 when the temperature fell to 6.5°C.
The port city’s minimum temperature will be between 6 and 8 degrees.

Published 01 Jan, 2021 12:55pm

Pakistan

UK COVID-19 variant detected in two more people in Sindh

The new variant was detected in two men both of them in their 20s, who are UK returnees and residents of Karachi.
Sindh has reported five cases of the new COVID-19 variant.

Updated 01 Jan, 2021 11:40am

Pakistan

Several arrested for aerial firing, one-wheeling on New Year’s Eve in Karachi

At least four people, including a woman were injured in incidents of celebratory firing on Thursday night.
Eight people were also taken into custody for one-wheeling on Seaview Road.

Updated 01 Jan, 2021 10:39am

Pakistan

COVID-19 resurge: Micro smart lockdown imposed in Karachi’s district Central

The district administration placed many areas of six UCs of Gulbarg while five UCs in North Karachi were put under lockdown.
Different areas of North Karachi and North Nazimabad have been placed under the micro smart lockdown.

Published 30 Dec, 2020 07:36pm

Pakistan

Karachi restaurants, business centers to close at 5pm on New Year’s Eve

Streets lights will remain open on main roads and police camps will be set up in multiple parts of the city.
Several restaurants located in Clifton will remain open for dine-in till 9 pm, as no notification issued in this regard.

Updated 30 Dec, 2020 06:17pm

Pakistan

Three minors burnt to death in Karachi's Kashmir Colony

Rescue workers say the fire broke out on the ground floor of a two-storey building in which the family was living
The cause of the blaze has not yet been determined: Rescuers

Published 29 Dec, 2020 10:44am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
Dow Jones / May 22	39671.04
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80
Hang Seng / May 23	18845.59
FTSE 100 / May 23	8373.47
Germany DAX 30 / May 23	18748.98

Item	Value
Petrol/Litre / May 23	273.10
Crude Oil USD/Barrel / May 23	76.94
Karachi Cotton PKR/37.32 KG / May 23	19935
Gold 10 Grams PKR / May 23	207476
Gold Spot USD/Ounce / May 23	2362.37
Diesel/Litre / May 23	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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