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Pakistan Updated 14 Apr, 2021 04:26pm

Pakistan decides to ban TLP under Anti-Terrorism Act in wake of deadly protests, violence across the country

Rasheed called the TLP protesters to surrender and end protests across the country
Government will not spare anyone involved in creating law and order and damaging public and private property, the minister said
No case registered against TLP men regarding violence during protests will be taken back," he mentioned

World

US Secretary of State, Army Chief discuss US withdrawal from Afghanistan over phone

Published 14 Apr, 2021 06:09pm

Pakistan

PM Khan launches low-cost housing project in Sargodha

Published 14 Apr, 2021 02:35pm

Pakistan

Japanese envoy calls on COAS, praises Pakistan's role in Afghan peace process

Updated 14 Apr, 2021 04:35pm

World

'Time to bring our forces home' from Afghanistan: Blinken

Published 14 Apr, 2021 02:38pm

LHC grants bail to Shehbaz Sharif in money laundering case

Updated 14 Apr, 2021 02:06pm

Pakistan

PM wishes Sikh community on Baisakhi festival

Published 14 Apr, 2021 02:12pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 13	152.75
USD PKR Interbank Buying / Apr 13	152.65
USD to Japanese Yen / Apr 13	109.00
USD to Swiss Franc / Apr 13	0.92
Pound Sterling to USD / Apr 13	1.38
Euro to USD / Apr 13	1.20
UK LIBOR % / Apr 13	0.07

Stock	Volume
S&P 500 / Apr 13	4141.59
India Sensex / Apr 13	48544.06
Tokyo Nikkei / Apr 13	29751.61
Nasdaq / Apr 13	13996.10
Hang Seng / Apr 13	28497.25
FTSE 100 / Apr 13	6890.49
Dow Jones / Apr 13	33677.27
Germany DAX 30 / Apr 13	15234.36
France CAC40 / Apr 13	6184.10

Item	Value
Crude Oil / Apr 13	60.63
Karachi Cotton Assoc. / Apr 13	10800.00
Gold 10 Grams / Apr 13	94564.00
Gold Spot / Apr 13	1745.90
Cotton / Apr 13	81.46

Gainers
Losers
Leaders

Stock	Price
Nazir Cotton / Apr 14 Nazir Cotton Mills Limited(NCML)	4.94 ▲ 0.80 (19.32%)
Media Times / Apr 14 Media Times Limited(MDTL)	4.03 ▲ 0.58 (16.81%)
Sana Ind. (R) / Apr 14 Sana Industries (R)(SNAIR)	7.01 ▲ 1.00 (16.64%)
Habib Metro Mod / Apr 14 Habib Metro Modaraba(HMM)	7.15 ▲ 0.99 (16.07%)
Al-Mali / Apr 14 Modaraba Al-Mali(MODAM)	4.75 ▲ 0.63 (15.29%)
Dandot Cement / Apr 14 Dandot Cement Company Limited(DNCC)	11.40 ▲ 1.00 (9.62%)
Telecard / Apr 14 Telecard Limited(TELE)	11.45 ▲ 1.00 (9.57%)
AKD Capital Ltd / Apr 14 AKD Capital Limited(AKDCL)	475.31 ▲ 33.16 (7.50%)
Attock Ref. / Apr 14 Attock Refinery Limited(ATRL)	253.90 ▲ 17.71 (7.50%)
Netsol Tech. / Apr 14 NetSol Technologies Limited(NETSOL)	183.94 ▲ 12.83 (7.50%)

Stock	Price
J.A.Textile / Apr 14 J.A. Textile Mills Limited(JATM)	8.60 ▲ -1.00 (-10.42%)
Mehmood Tex / Apr 14 Mehmood Textile Mills Limited(MEHT)	410.28 ▲ -33.26 (-7.50%)
Shams Textile / Apr 14 Shams Textile Mills Limited(STML)	46.35 ▲ -3.75 (-7.49%)
Tata Textile / Apr 14 Tata Textile Mills Limited(TATM)	59.65 ▲ -4.83 (-7.49%)
Pakgen Power / Apr 14 Pakgen Power Limited(PKGP)	25.02 ▲ -2.02 (-7.47%)
GOC (Pak) / Apr 14 GOC (Pak) Limited.(GOC)	39.15 ▲ -3.11 (-7.36%)
Shaheen Ins. / Apr 14 Shaheen Insurance Company Limited(SHNI)	3.80 ▲ -0.30 (-7.32%)
Din Tex. / Apr 14 Din Textile Mills Limited(DINT)	45.01 ▲ -3.49 (-7.20%)
Gatron Ind. / Apr 14 Gatron (Industries) Limited(GATI)	476.00 ▲ -36.42 (-7.11%)
First Imrooz Mod. / Apr 14 First Imrooz Modaraba(FIMM)	111.51 ▲ -8.30 (-6.93%)

Stock	Volume
First National Equities / Apr 14 First National Equities Limited(FNEL)	43,066,000 ▼ 0.00
Media Times / Apr 14 Media Times Limited(MDTL)	20,161,500 ▼ 0.00
TRG Pak. / Apr 14 TRG Pakistan Limited(TRG)	19,294,280 ▼ 0.00
Ghani Global Hold. / Apr 14 Ghani Global Holdings Limited(GGL)	19,190,000 ▼ 0.00
Worldcall / Apr 14 Worldcall Telecom Limited(WTL)	16,670,000 ▼ 0.00
Hum Network / Apr 14 Hum Network Limited(HUMNL)	15,427,500 ▼ 0.00
P.T.C.L.A / Apr 14 Pakistan Telecommunication Company Ltd(PTC)	13,524,500 ▼ 0.00
Sui Northern / Apr 14 Sui Northern Gas Pipelines Limited(SNGP)	13,477,612 ▼ 0.00
Pakistan Refinery / Apr 14 Pakistan Refinery Limited(PRL)	9,951,000 ▼ 0.00
Byco Petr. / Apr 14 Byco Petroleum Pakistan Limited(BYCO)	9,687,000 ▼ 0.00

Markets →

Business & Finance

Commodities

Gold holds steady as equities rally offsets softer dollar

US dollar index eases.
US CPI gains by the most in over 8-1/2 years in March.
Not many triggers to move gold much either way – analyst.

Published 14 Apr, 2021 06:13pm

BR Research

Remittances – the splendid growth streak persists.

As per the State Bank of Pakistan’s official data. remittances in March 2021 stood at $2.725 billion, up by 43...

Published 14 Apr, 2021 07:25am

Energy

Oil maintains upward momentum despite fresh coronavirus fears

Prices climb for third session but remain rangebound.
Oil higher on US inventory drop and improved demand outlook.
Weaker US dollar also supportive.
Spike in COVID-19 cases stokes concerns.

Updated 14 Apr, 2021 06:18pm

Companies

Abu Dhabi's Etihad in talks to divest Air Seychelles stake

The move would leave the Seychelles government as the sole shareholder of Air Seychelles as the Abu Dhabi carrier further unwinds its failed strategy of investing in other airlines.
"It's been formalised as we speak. It's happening right now," said Althius, a former Etihad executive, during an online event by aviation consultancy CAPA.

Published 14 Apr, 2021 05:49pm

BR Research

Where the buck stops

Every year in March, there is a sudden burst of activity in the development world and amongst donor circles around...

Published 14 Apr, 2021 07:30am

Companies

Ford to offer hands-free driving in some car, truck models later this year

The automaker said its BlueCruise technology will be offered on its 2021 model year F-150 pickup trucks and the Mustang Mach-E electric crossovers equipped with its Co-Pilot360 driver assistance package.
Rivals General Motors Co and Tesla Inc also offer similar driving assistance technologies called the 'Super Cruise' and 'Autopilot', respectively.

Published 14 Apr, 2021 05:45pm

Money & Banking

Lebanon's Central Bank calls for swift action to curb subsidies

The bank said it had been forced to sell dollars in recent months to prevent inflation, which has already reached 84%, from spiralling as high as 275%, and the remaining reserves needed to be protected.
The Central Bank said the government should act quickly because of "the danger of the situation and the economic and social impact of any delay."

Published 14 Apr, 2021 05:35pm

Stocks

World stocks post record highs as bond yields ease

European stocks up 0.2%.
US earnings on the radar.
Bond yields near three-week lows.
Bitcoin hits record high, dollar weakens.

Published 14 Apr, 2021 05:23pm

Industry

India's Infosys posts 17.5pc fourth-quarter profit jump

The company won large deals worth a total of $2.1 billion in the quarter and added 130 clients, up from 84 additions in the same period last year.
Infosys posted consolidated net profit of 50.76 billion rupees ($675.39 million) in the three months to March 31, up from 43.21 billion rupees a year earlier.

Published 14 Apr, 2021 05:15pm

Money & Banking

Wells Fargo profit beats estimates as credit costs stabilize

The fourth-largest US lender said profit rose to $4.74 billion, or $1.05 per share, in the three months ended March, from $653 million, or 1 penny per share, a year earlier.
Since then, an ultra-loose monetary policy, trillions in stimulus support and an accelerated vaccination program have largely put the world's largest economy on a more solid footing.

Published 14 Apr, 2021 05:13pm

Money & Banking

Goldman profit smashes expectations on booming investment banking

Overall investment banking revenue rose 73% to $3.77 billion, its highest since 2010, while equities trading surged 68% as a jump in trading by ordinary investors fed stock market volatility.
Global investment banking fee hit an all-time record of $39.4 billion during the March quarter, according to Refinitiv data.

Published 14 Apr, 2021 05:11pm

BR Research

BR Research PTC 10.01 ▲ 2.98%

PTCL: good start to 2021

A telecom giant has started the year with its momentum intact. In the first quarter ended March 31, 2021, the...

Published 14 Apr, 2021 07:35am

BR Research ANL 36.55 ▲ 2.52%

Azgard Nine Limited

Azgard Nine Limited (PSX: ANL) was set up as a public limited company in 1993. Initially it was named “Indigo ...

Published 14 Apr, 2021 07:40am

BR Research

Power tariffs: Decision time calling

“The Prime Minister doesn’t want increase in tariffs….”, the Special Assistant to the Prime Minister on ...

Published 13 Apr, 2021 07:26am

BR Research

Wheat: a saga of missed targets

The Federal Committee on Agriculture has announced its provisional estimate of 26 million tons of wheat production...

Published 13 Apr, 2021 07:30am

BR Research

Digital marketplace and SMEs

The link between the two became much more evident during the global COVID-19 pandemic. The hardest hit by the...

Updated 13 Apr, 2021 02:19pm

BR Research

Weighing Covid-19 vaccines

Perhaps the biggest news that came out of China yesterday is the shocking admission by a top official (shocking...

Published 13 Apr, 2021 07:40am

Pakistan

South Asia

US Secretary of State, Army Chief discuss US withdrawal from Afghanistan over phone

The two dignitaries discussed the regional security situation including the latest developments in the Afghan peace process.
Army Chief assured full support for the ‘Afghan-led, Afghan-owned’ peace process.

Published 14 Apr, 2021 06:09pm

Japanese envoy calls on COAS, praises Pakistan's role in Afghan peace process

Army chief says Pakistan values its relations with Japan and acknowledged its efforts for regional stability
The army chief and US Secretary of State Antony J. Blinken had a telephone conversation and discussed matters of mutual interest and regional security

Updated 14 Apr, 2021 04:35pm

Saudi Arabia gifts 100 tonnes of dates to Pakistan

Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malki handed over the consignment to the Cabinet Division.
The move is aimed at resetting ties with Islamabad after last year’s spat.

Published 14 Apr, 2021 04:22pm

Pakistan decides to ban TLP under Anti-Terrorism Act in wake of deadly protests, violence across the country

Rasheed called the TLP protesters to surrender and end protests across the country
Government will not spare anyone involved in creating law and order and damaging public and private property, the minister said
No case registered against TLP men regarding violence during protests will be taken back," he mentioned

Updated 14 Apr, 2021 04:26pm

PM Khan launches low-cost housing project in Sargodha

Under this scheme, a total of 1,175 houses of three marlas will be constructed at six locations in the Sargodha district
The construction work will be carried out by Frontier Works Organization while the mortgage facility will be provided by Punjab Bank

Published 14 Apr, 2021 02:35pm

PM wishes Sikh community on Baisakhi festival

Imran says Sikh Diaspora and Indian Yatrees have been granted special permission to visit their holy Gurdwaras in Pakistan and attend their rituals
Sikh people will be provided with free food, transport, and accommodation under coronavirus protocols: PM

Published 14 Apr, 2021 02:12pm

IHC issues notices to govt, others over Gillani's intra-court appeal against Senate Chairman election

Farooq Naek told the court that a presiding officer could not vote in the election but here he opted to vote
The court adjourned the hearing of the case until April 27

Published 14 Apr, 2021 01:16pm

Weekends to be observed as closed days: NCOC issues Ramazan SOPs

The NCOC has decided to implement broader lockdowns from today, with stringent enforcement protocols where no mobility will be allowed except in emergency situations.
All indoor and outdoor activities have been banned.

Published 14 Apr, 2021 11:41am

Latest

Business & Finance

Pakistan’s powerful groups enjoy economic privileges of over $17bn: UNDP Report

The report highlights that the poorest and richest Pakistanis live in completely different countries, with literacy levels, health outcomes, and living standards that are poles apart.
Pakistan’s tax system does not contribute significantly to reducing inequality in the country due to low share of direct taxation, which is under 20 percent.

Updated 14 Apr, 2021 11:56am

Pakistan

Pakistan reports highest number of COVID-19 deaths in a day since June as 135 people die in 24 hours

Country's COVID-19 tally now stands at 734,423 after 4,681 new cases were reported in 24 hours.
3,645 people also recovered in the past 24 hours.

Updated 14 Apr, 2021 11:20am

Pakistan

Weekends to be observed as closed days: NCOC issues Ramazan SOPs

The NCOC has decided to implement broader lockdowns from today, with stringent enforcement protocols where no mobility will be allowed except in emergency situations.
All indoor and outdoor activities have been banned.

Published 14 Apr, 2021 11:41am

World

Egypt seizes Ever Given ship over $900 million Suez Canal compensation bill

An Egyptian court ordered the vessel's Japanese owner to pay $916 million in compensation as a result of losses inflicted when the Panamanian-flagged vessel blocked the Suez Canal
UK Club says it is the insurer of the Ever Given for certain third-party liabilities including obstruction claims or infrastructure issues but is not the insurer for the vessel itself or the cargo

Updated 14 Apr, 2021 10:53am

World

Pelosi asks Biden to address US Congress to mark 100 days in office

The request came from House of Representatives Speaker Nancy Pelosi, who invited Biden to make a speech April 28 to talk about.

Published 14 Apr, 2021 10:51am

World

Biden urges Putin to ease Ukraine tensions

The US secretary of state also met with EU foreign policy chief Josep Borrell, both of whom expressed deep concern over Russian troop movements, according to a European statement.

Published 14 Apr, 2021 10:47am

Govt revises growth estimate upward to nearly 3pc of GDP

ISLAMABAD: The federal cabinet has approved itys budget strategy paper for the next fiscal year, envisaging 4.2... Updated 14 Apr, 2021 11:07am

World

Germany to give different second jab to AstraZeneca recipients under 60

Most of the cases reported were in women under 60 years of age within two weeks of vaccination.

Published 14 Apr, 2021 10:40am

World

South Asia

US Secretary of State, Army Chief discuss US withdrawal from Afghanistan over phone

The two dignitaries discussed the regional security situation including the latest developments in the Afghan peace process.
Army Chief assured full support for the ‘Afghan-led, Afghan-owned’ peace process.

Published 14 Apr, 2021 06:09pm

Europe

EU's von der Leyen says EU to receive 50mn more Pfizer shots in Q2

Ursula von der Leyen said the earlier deliveries, which will start this month, will take total supplies to the EU from Pfizer to 250 million doses in the second quarter of this year.
She also confirmed the Commission was in talks with the two companies for a new contract for 1.8 billion doses to be delivered in 2022 and 2023, confirming a Reuters report last week.

Published 14 Apr, 2021 05:32pm

South Asia

Biden ready to announce U.S. withdrawal, even as peace eludes Afghanistan

President Joe Biden’s planned announcement on Wednesday of a complete U.S. withdrawal from Afghanistan by Sept. 11 aims to close the book on America’s longest war, as critics warn that peace is anything but assured after two decades of fighting.
As officials disclosed Biden’s pullout plans, the U.S. intelligence community renewed deep concerns on Tuesday about the outlook for the U.S.-backed government in Kabul, which is clinging to an eroding stalemate.

Published 14 Apr, 2021 01:45pm

Middle East

Saudi Arabia says it is concerned about Iran uranium enrichment

A foreign ministry statement on state media called on Iran to avoid escalation and engage seriously in current talks with global powers regarding a 2015 nuclear pact while urging the international community to reach an agreement "with stronger parameters of a longer duration".

Published 14 Apr, 2021 05:21pm