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Pakistan Published 25 Jan, 2021 10:51am

Second wave: Pakistan sees lowest death toll in a day since November after 23 die from COVID-19

The last time the country reported 23 deaths was on November 10.
In the past 24 hours, the country reported 2,414 recoveries, taking the total number to 488,903.

World

Indian, Chinese troops in new border brawl: reports

Published 25 Jan, 2021 11:50am

World

Borders tightened as coronavirus curfew fury spills over

Published 25 Jan, 2021 11:32am

World

Leaders set for online climate adaptation summit

Published 25 Jan, 2021 11:28am

World

Covid condemns billions to poverty for a decade: Oxfam

Published 25 Jan, 2021 11:10am

World

Biden to reinstate Covid travel bans: White House official

Published 25 Jan, 2021 10:58am

Govt, IPPs ink ‘initial’ agreements

Updated 25 Jan, 2021 10:05am

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jan 23	160.75
USD PKR Interbank Buying / Jan 23	160.65
USD to Japanese Yen / Jan 23	103.81
USD to Swiss Franc / Jan 23	0.89
Pound Sterling to USD / Jan 23	1.37
Euro to USD / Jan 23	1.22

Stock	Volume
S&P 500 / Jan 23	3850.96
India Sensex / Jan 23	48878.54
Tokyo Nikkei / Jan 23	28631.45
Nasdaq / Jan 23	13559.29
Hang Seng / Jan 23	29447.85
FTSE 100 / Jan 23	6695.07
Dow Jones / Jan 23	31048.96
Germany DAX 30 / Jan 23	13873.97
France CAC40 / Jan 23	5559.57

Indicator	Value
UK LIBOR % / Jan 23	0.09

Gainers
Losers
Leaders

Stock	Price
First Punjab Mod. / Jan 25 First Punjab Modaraba(FPJM)	2.70 ▲ 0.20 (14.89%)
Habib Ins. / Jan 25 Habib Insurance Company Limited(HICL)	8.48 ▲ 0.69 (12.92%)
Ghani Auto Ind. / Jan 25 Ghani Automobile Industries Limited(GAIL)	6.65 ▲ 0.50 (10.83%)
Unicap Mod. / Jan 25 Unicap Modaraba(UCAPM)	1.10 ▼ -0.01 (10.00%)
Hi-Tech Lubricants / Jan 25 Hi-Tech Lubricants Limited(HTL)	60.28 ▲ 7.55 (9.66%)
Pak Datacom Ltd / Jan 25 Pak Datacom Limited(PAKD)	113.50 ▲ 4.58 (9.03%)
Fazal Cloth / Jan 25 Fazal Cloth Mills Limited(FZCM)	229.68 ▲ 30.92 (7.50%)
Bawany Air / Jan 25 Bawany Air Products Limited(BAPL)	21.60 ▲ 0.64 (7.46%)
B.R.R. Mod. / Jan 25 B.R.R. Guardian Modaraba(BRR)	14.00 ▲ 0.46 (5.98%)
Ghani Val. Glass / Jan 25 Ghani Value Glass Limited(GVGL)	55.30 ▲ 3.85 (5.53%)

Stock	Price
Saritow Sp. / Jan 25 Saritow Spinning Mills Limited(SSML)	9.90 ▼ 0.86 (-11.61%)
Grays Leas. / Jan 25 Grays Leasing Limited(GRYL)	5.17 ▼ 0.69 (-10.86%)
First Pak Modaraba / Jan 25 First Pak Modaraba(PAKMI)	2.10 ▼ 0.27 (-10.26%)
Hala Enterpries / Jan 25 Hala Enterprises Limited(HAEL)	11.00 ▼ 0.97 (-10.20%)
PICIC Insurance / Jan 25 PICIC Insurance Limited(PIL)	1.38 ▼ 0.11 (-9.80%)
First Prud Mod. / Jan 25 First Prudential Modaraba(PMI)	2.10 ▼ 0.35 (-8.70%)
Khurshid Spinng / Jan 25 Khurshid Spinning Mills Limited(KHSM)	19.86 ▼ 0.00 (-7.46%)
HBL Inv.Fund / Jan 25 HBL Investment Fund(HIFA)	3.49 ▼ 0.28 (-7.43%)
Summit Bank / Jan 25 Summit Bank Limited(SMBL)	1.85 ▼ 0.14 (-7.04%)
Saudi Pak Leas. / Jan 25 Saudi Pak Leasing Company Limited(SPLC)	1.76 ▼ 0.25 (-6.88%)

Stock	Volume
K-Electric Ltd / Jan 25 K-Electric Limited(KEL)	25,544,000 ▼ 0.09
TRG Pak. / Jan 25 TRG Pakistan Limited(TRG)	25,008,000 ▼ 8.01
Invest Cap. Bank / Jan 25 Invest Capital Investment Bank Limited(ICIBL)	17,052,500 ▼ 0.87
Fauji Foods / Jan 25 Fauji Foods Limited(FFL)	15,931,500 ▼ 0.35
Unity Foods / Jan 25 Unity Foods Limited(UNITY)	14,586,353 ▼ 1.02
Fauji Fert. Bin / Jan 25 Fauji Fertilizer Bin Qasim Limited(FFBL)	12,716,500 ▼ 1.75
Pak Int.Bulk Ter / Jan 25 Pakistan International Bulk Terminal Limited(PIBTL)	10,876,500 ▼ 0.31
Hum Network / Jan 25 Hum Network Limited(HUMNL)	10,747,500 ▼ 0.17
Aisha Steel / Jan 25 Aisha Steel Mills Limited(ASL)	8,218,500 ▼ 1.32
Jahangir Sid. Co. / Jan 25 Jahangir Siddiqui & Co. Ltd.(JSCL)	7,447,500 ▼ 0.75

Markets →

Business & Finance

Foreign investment faces U-shaped recovery: UN

GENEVA: Global foreign direct investment flows are set to go through a U-shaped recovery, staying weak in 2021, the... Published 25 Jan, 2021 04:23am

BR Research

MPS: a ‘meaningful surprise’ but no change

No change in rates. But there is a surprise in the policy statement. For the first time in the history, SBP is...

Published 25 Jan, 2021 07:25am

Stocks

Tokyo stocks open higher with eyes on earnings

Steel manufacturer Tokyo Tekko was down 1.20 percent at 2,050 after it cut its full-year profit forecast by 34 percent to 3.7 billion yen.

Published 25 Jan, 2021 11:08am

Stocks

Hong Kong stocks open higher

The Hang Seng Index rose 0.78 percent, or 229.45 points, to 29,677.30.

Published 25 Jan, 2021 11:04am

BR Research

Power generation: Static & inefficient

Pakistan’s power sector (ex KE) generated 124 billion units in 2018. Another 124 billion in 2019. And 123 billion...

Published 25 Jan, 2021 07:30am

Stocks

Hong Kong stocks surge in morning session

The Hang Seng Index jumped 2.07 percent, or 609.16 points, to 30,057.01.

Published 25 Jan, 2021 10:52am

Stocks

Indonesia stocks drop on virus toll, US stimulus helps broader Asia

"So could explain why markets are not committing themselves ahead of the meeting," he added.

Published 25 Jan, 2021 10:51am

Energy

Oil prices fall for 2nd session as COVID-19 lockdown concerns cast pall over demand prospects

Iran's oil minister said on Friday the country's oil exports have climbed in recent months and its sales of petroleum products to foreign buyers reached record highs despite US sanctions.

Published 25 Jan, 2021 10:44am

Forex

China's yuan edges up but COVID spread limits gains

The narrative for further CNY gains remains intact," he said in a note.

Published 25 Jan, 2021 10:41am

Stocks

Apple supplier Luxshare shares fall after US patent infringement notice

Last year the company acquired two iPhone assembly plant from Taiwan-based Wistron Corp.

Published 25 Jan, 2021 10:36am

Stocks

Asian shares rise as US stimulus plans offset virus woes

In currencies, major pairs were trapped in a tight range as markets awaited a US Federal Reserve meeting on Wednesday.

Published 25 Jan, 2021 10:34am

BR Research

BR Research JDWS 227.99 ▼ -0.87%

JDWS: prodigal son returns bearing gifts

A ten times increase in before-tax profits, and an EBIDTA margin highest in nearly a decade – the prodigal son of...

Published 25 Jan, 2021 07:35am

BR Research

Hackathon for social change!

America’s not so smooth transition to Biden’s administration is a reminder that at the end of the day, a ...

Published 25 Jan, 2021 07:40am

BR Research OGDC 109.97 ▲ 0.53%

Oil and Gas Development Company Limited

Updated 25 Jan, 2021 10:08am

BR Research

Current account

The current account is finally in deficit after a surplus streak of 5 months. It stood at $662 million in December;...

Published 22 Jan, 2021 07:25am

BR Research

“If you can’t beat them, join them”

It would be comical if it weren’t so tragic. Yesterday’s front news page carried three news stories placed...

Published 22 Jan, 2021 07:30am

BR Research

Think out-of-box FDI (II)

While there is a need to rethink FDI policy and invigorate and charge up IPAs’ role – as highlighted last in ...

Published 22 Jan, 2021 07:35am

Pakistan

Smuggled petroleum products: Authorities seal 1,556 illegal fuel stations across country

From January 11, 1,556 illegal petrol pumps have been sealed so far, while three million litres of petrol and 10.6 million litres of diesel have been seized
On January 24, 28 fuel stations were sealed including 15 in Khyber-Pakhtunkhwa, 10 in Sindh and three in Punjab

Published 25 Jan, 2021 11:53am

NAB has 'solid evidence' of money-laundering by 'big fish', says Iqbal

NAB chairperson says solid evidence of billions of rupees money-laundering are available, which were laundered by opening fake accounts
NAB had so far recovered Rs714 billion since its inception while 1,243 corruption cases, having accumulative corruption volume of Rs943 billion, are under trial: Iqbal

Published 25 Jan, 2021 11:21am

Second wave: Pakistan sees lowest death toll in a day since November after 23 die from COVID-19

The last time the country reported 23 deaths was on November 10.
In the past 24 hours, the country reported 2,414 recoveries, taking the total number to 488,903.

Published 25 Jan, 2021 10:51am

Chinese vaccine development in final stages: Nausheen

ISLAMABAD: Parliamentary Secretary, National Health Services Regulations and Coordination Dr Nausheen Hamid Sunday... Published 25 Jan, 2021 04:23am

Militant commander killed in N Waziristan gunbattle

MIRALI: A top terrorist was killed in an operation of the security forces in Mirali area of North Waziristan... Updated 25 Jan, 2021 10:10am

Govt will overcome inflation this year, hopes Rashid

ISLAMABAD: Interior Minister Sheikh Rashid has said that all the political parties should sit together to decide... Published 25 Jan, 2021 04:23am

Miftah slams PTI govt over increasing power tariff

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) leader Miftah Ismail has criticised the government’s decision to... Updated 25 Jan, 2021 10:08am

Punjab reports 485 new Covid-19 cases, 24 deaths

LAHORE: There is no let up in the spread of corona virus, as Punjab has reported 485 fresh Covid-19 cases and 24... Published 25 Jan, 2021 04:23am

Latest

Pakistan

Biden administration has to recognise Pakistan based on new ground realities, says Qureshi

Qureshi says Pakistan and specifically India have changed a lot in the last four years, hence any engagement and relations should be developed on the basis of new ground realities
The PTI government and its allies are confident and are in a position to confront and defeat it in a constitutional and parliamentary manner: FM

Updated 25 Jan, 2021 10:04am

Construction industry: Amnesty scheme can be ‘grossly abused’: expert

ISLAMABAD: International tax expert Dr Ikramul Haq has apprehended that the amnesty scheme for the construction... Updated 25 Jan, 2021 10:04am

Issuance of Sukuk: Finance clarifies position

ISLAMABAD: Finance Ministry on Sunday clarified that Sukuk were Shariah compliant borrowing instruments backed by... Updated 25 Jan, 2021 10:04am

Census result notification may be released: PM convenes meeting of CCI on 27th

ISLAMABAD: Prime Minister Imran Khan has convened a meeting of the Council of Common Interests (CCI) on January 27,... Updated 25 Jan, 2021 10:04am

RLNG supply to KE's new unit: PD directed to play role in signing of pact

ISLAMAABAD: The Cabinet Committee on Energy (CCoE) has directed Petroleum Division (PD) to play its role in... Updated 25 Jan, 2021 10:04am

Fed holds first policy meeting of Biden administration

WASHINGTON: With a new year and a new administration in the White House, the US central bank nonetheless faces an... Updated 25 Jan, 2021 10:04am

Gas moratorium: Textile industry rejects CCoE’s decision

ISLAMABAD: The country's textile industry has rejected "gas moratorium" decision of Cabinet Committee on Energy... Published 25 Jan, 2021 04:23am

PDM will gradually use all options to get rid of govt: Zardari

LAHORE: Former president and Pakistan Peoples Party (PPP) co-chairman Asif Ali Zardari while stressing the need to... Published 25 Jan, 2021 04:23am

World

China takes lead over US in foreign direct investment in 2020

Direct investments in China by foreign companies increased by four percent
New investments by overseas businesses into the US fell 49 percent last year as the country struggled to curb the spread of the new coronavirus affecting the economic output

Published 25 Jan, 2021 10:44am

Europe