AVN 68.60 Increased By ▲ 0.05 (0.07%)
BOP 8.88 Decreased By ▼ -0.07 (-0.78%)
CHCC 132.40 Increased By ▲ 0.40 (0.3%)
DCL 9.40 Increased By ▲ 0.10 (1.08%)
DGKC 105.13 Increased By ▲ 0.84 (0.81%)
EFERT 61.20 Decreased By ▼ -0.06 (-0.1%)
EPCL 44.75 Decreased By ▼ -0.04 (-0.09%)
FCCL 21.49 Increased By ▲ 0.14 (0.66%)
FFL 14.88 Decreased By ▼ -0.04 (-0.27%)
HASCOL 14.55 Increased By ▲ 0.03 (0.21%)
HBL 130.10 Increased By ▲ 0.10 (0.08%)
HUBC 79.60 Increased By ▲ 0.20 (0.25%)
HUMNL 7.04 Increased By ▲ 0.05 (0.72%)
JSCL 24.09 Increased By ▲ 0.59 (2.51%)
KAPCO 28.80 Decreased By ▼ -0.01 (-0.03%)
KEL 3.81 Decreased By ▼ -0.04 (-1.04%)
LOTCHEM 12.85 Decreased By ▼ -0.04 (-0.31%)
MLCF 39.40 Increased By ▲ 0.18 (0.46%)
OGDC 99.50 Increased By ▲ 0.17 (0.17%)
PAEL 33.06 Increased By ▲ 0.24 (0.73%)
PIBTL 12.41 Increased By ▲ 0.11 (0.89%)
PIOC 91.50 Increased By ▲ 0.15 (0.16%)
POWER 9.67 Increased By ▲ 0.05 (0.52%)
PPL 91.32 Increased By ▲ 0.03 (0.03%)
PSO 194.00 Increased By ▲ 0.10 (0.05%)
SNGP 42.42 Increased By ▲ 0.21 (0.5%)
STPL 14.10 Increased By ▲ 0.68 (5.07%)
TRG 60.25 Increased By ▲ 3.34 (5.87%)
UNITY 25.31 No Change ▼ 0.00 (0%)
WTL 1.10 Increased By ▲ 0.03 (2.8%)
BR100 4,231 Decreased By ▼ -21.54 (-0.51%)
BR30 21,389 Decreased By ▼ -14.14 (-0.07%)
KSE100 40,807 Decreased By ▼ -223.94 (-0.55%)
KSE30 17,160 Decreased By ▼ -134.97 (-0.78%)

Reuters

Sterling gains as risk sentiment improves
Markets

Sterling gains as risk sentiment improves

  • News on Monday that AstraZeneca's potential COVID-19 vaccine could be up to 90% effective boosted sentiment.
  • England will introduce a new system on Dec. 15 allowing passengers arriving from high-risk countries to take a COVID-19 test.
Published 25 Nov, 2020 12:59am
Longer-term yields rise further as investors embrace risk
Markets

Longer-term yields rise further as investors embrace risk

  • The benchmark 10-year yield was last up 2.7 basis points at 0.8865% and the yield curve steepened.
  • With yields of 85 or 88 basis points, that's not very attractive on the 10-year (note), and (people are) going to look for returns elsewhere.
Published 25 Nov, 2020 12:47am
UK to spend 4bn pounds to push long-term unemployed into work
World

UK to spend 4bn pounds to push long-term unemployed into work

  • Finance minister Rishi Sunak will make the announcement as part of a set of spending plans on Wednesday.
  • Earlier this month, the Bank of England forecast that the jobless rate would rise to nearly 8% by the middle of next year from 4.8% in the three months to September.
Published 25 Nov, 2020 12:36am
Tesla market value crosses $500bn in meteoric rally
Business & Finance

Tesla market value crosses $500bn in meteoric rally

  • The California electric carmaker's stock rose nearly 5%, putting its market capitalization at $519 billion.
  • Tesla has become by far the world's most valuable automaker, despite production that is a fraction of Toyota Motor Corp , Volkswagen or General Motors Co.
Published 25 Nov, 2020 12:30am
US officials plan to release 6.4mn COVID-19 vaccine doses in first distribution
World

US officials plan to release 6.4mn COVID-19 vaccine doses in first distribution

  • The officials had previously said they anticipate 40 million doses will be distributed by year end, a number they reiterated on Tuesday.
  • Pfizer Inc last week filed for the first US emergency use authorization (EUA) of a COVID-19 vaccine after releasing data that showed it was 95% effective at preventing the illness in a large, Phase III trial.
Published 25 Nov, 2020 12:24am