News stories for Reuters - Business Recorder

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COVID-19 TOTAL ▲ DAILY

Oct 31, 2020 PRINT EDITION ► BR MARKETS ►

Reuters

Malaysia reports 374 new coronavirus cases, 3 deaths

World

Malaysia reports 374 new coronavirus cases, 3 deaths

The new cases raise the cumulative tally to 15,096 cases, according to the health ministry.

Published 10 Oct, 2020 04:58pm

Turkish business groups call for Saudi action to resolve trade problems

World

Turkish business groups call for Saudi action to resolve trade problems

Saudi Arabia's government media office has said authorities have not placed any restrictions on Turkish goods.

Published 10 Oct, 2020 04:55pm

North Korea's Kim attends military parade, thanks troops for stopping coronavirus

World

North Korea's Kim attends military parade, thanks troops for stopping coronavirus

Sometimes appearing emotional, Kim thanked the military for working hard to respond to natural disasters and to prevent a coronavirus outbreak.

Published 10 Oct, 2020 04:51pm

China central bank says to cut foreign exchange risk reserve ratio from 20pc to zero

Business

China central bank says to cut foreign exchange risk reserve ratio from 20pc to zero

China's onshore spot yuan ended at a 17-month high on Friday against the dollar, in its biggest one-day percentage gain since 2005.

Published 10 Oct, 2020 04:49pm

Face masks made compulsory in public in Tehran as COVID toll rises

World

Face masks made compulsory in public in Tehran as COVID toll rises

The daily death toll from COVID-19 reached a record of 239 this week in Iran, the worst hit country in the Middle East.

Published 10 Oct, 2020 04:46pm

Twitter imposes restrictions, more warning labels ahead of U.S. election

Technology

Twitter imposes restrictions, more warning labels ahead of U.S. election

Twitter said in a blog post that, from next week, users will get a prompt pointing them to credible information before they can retweet content that has been labeled as misleading.

Published 10 Oct, 2020 10:40am

India's September fuel demand posts first monthly gain since June

Business

India's September fuel demand posts first monthly gain since June

Consumption of refined fuels, a proxy for oil demand, rose 7.2% in September from the prior month to 15.47 million tonnes, the first monthly increase since June when demand rose to 16.09 million tonnes.

Published 10 Oct, 2020 10:35am

Business Recorder

World

China tourism rebounds

SHANGHAI/BEIJING: Domestic tourism in China saw a robust rebound over the just-ended Golden Week holiday, encouraged...

Published 10 Oct, 2020 03:02am

Business Recorder

Markets

Oil prices slip after Norway oil worker strike ends

• Both benchmarks gain about 9pc this week • Hurricane halts 92pc of US Gulf of Mexico oil output NEW YORK: ...

Published 10 Oct, 2020 03:02am

Business Recorder

Markets

Raw sugar steadies, arabica coffee gains

LONDON: Raw sugar futures slipped on Friday as the market consolidated after setting a seven-month top in the...

Published 10 Oct, 2020 03:02am

Business Recorder

Markets

Gold jumps in New York trade

NEW YORK: Gold climbed more than 1% on Friday as the dollar retreated to a near three-week low and increased bets ...

Published 10 Oct, 2020 03:02am

Business Recorder

Business

Dollar falls, yuan gains in Europe

LONDON: The dollar fell to its lowest in nearly three weeks on Friday and was headed for a second straight week of...

Published 10 Oct, 2020 03:02am

Business Recorder

Markets

Gunvor wins Pakistan LNG tender

ISLAMABAD: Pakistan LNG Ltd (PLL) will award tenders to import two cargoes of liquefied natural gas (LNG) for...

Published 10 Oct, 2020 03:02am

Business Recorder

Business

Aussie rises, kiwi down

SYDNEY/WELLINGTON: The Australian dollar is poised to end the week in positive territory on Friday, strengthened by...

Published 10 Oct, 2020 03:02am

Business Recorder

Markets

US aid talks, Chile strike propel copper to two-week peak

LONDON: Copper prices rose to two-week highs on Friday after talks about financial aid for the US economy restarted,...

Published 10 Oct, 2020 03:02am

Business Recorder

Business

Sterling tests $1.30

LONDON: Sterling rose against a weaker dollar on Friday, briefly testing the key $.130 level, and was set for a...

Published 10 Oct, 2020 03:02am

Business Recorder

Markets

Palm oil logs nearly 8 percent weekly rise

KUALA LUMPUR: Malaysian palm oil futures on Friday rose 7.6% for the week, ending two weeks of losses, on...

Published 10 Oct, 2020 03:02am

Business Recorder

Business

Early trade in New York: Dollar dips on stimulus optimism

NEW YORK: The dollar fell to three-week lows on Friday as optimism that a deal for new US stimulus would be reached,...

Published 10 Oct, 2020 03:02am

'Food is the best vaccine against chaos'; WFP wins Peace Nobel

Print

'Food is the best vaccine against chaos'; WFP wins Peace Nobel

OSLO/GENEVA: The United Nations' World Food Programme, which has coordinated medical logistics during the ...

Updated 10 Oct, 2020 03:29am

Yields tick up after Trump about-face on stimulus

Markets

Yields tick up after Trump about-face on stimulus

Trump made the remarks Friday after reports suggested the White House was preparing to raise its offer for an aid deal to $1.8 trillion from $1.6 trillion.
The potential for a more significant breakout will be limited by the proximity to the election.

Published 10 Oct, 2020 01:38am

Gainers
Losers
Leaders

Stock	Price
Saritow Sp. / Oct 31 Saritow Spinning Mills Limited(SSML)	4.6000 ▲ 0.89 (23.99%)
Drekkar Kingsway / Oct 31 Drekkar Kingsway Limited(DKL)	6.7000 ▲ 0.70 (11.67%)
Hira Tex. / Oct 31 Hira Textile Mills Limited(HIRAT)	3.0500 ▲ 0.30 (9.12%)
Shabbir Tiles / Oct 31 Shabbir Tiles & Ceramics Limited(STCL)	16.1400 ▲ 1.44 (8.84%)
Summit Bank / Oct 31 Summit Bank Limited(SMBL)	1.9000 ▲ 0.15 (8.57%)
Olympia Mills / Oct 31 Olympia Mills Limited(OML)	11.9000 ▲ 0.90 (8.18%)
Kohinoor Ind. / Oct 31 Kohinoor Industries Limited(KOIL)	8.0000 ▲ 0.50 (6.67%)
Dewan Farooq. Spin. / Oct 31 Dewan Farooque Spinning Mills Limited(DFSM)	2.0000 ▲ 0.11 (5.82%)
D.S. Ind. Ltd. / Oct 31 D.S. Industries Limited(DSIL)	2.2900 ▲ 0.09 (4.09%)
Gharibwal Cem. / Oct 31 Gharibwal Cement Limited(GWLC)	31.2000 ▲ 1.18 (3.63%)

Stock	Price
Crescent Star / Oct 31 Crescent Star Insurance Limited(CSIL)	2.7000 ▼ 0.05 (-1.85%)
Pak Rein. / Oct 31 Pakistan Reinsurance Company Limited(PAKRI)	26.2500 ▼ 0.25 (-0.95%)
Ghani Val. Glass / Oct 31 Ghani Value Glass Limited(GVGL)	42.2500 ▼ 1.25 (-0.73%)
Hum Network / Oct 31 Hum Network Limited(HUMNL)	7.4000 ▼ 0.09 (-0.68%)
Descon Oxy. / Oct 31 Descon Oxychem Limited(DOL)	32.0833 ▼ 0.28 (-0.57%)
Flying Cement Ltd / Oct 31 Flying Cement Company Limited(FLYNG)	10.2400 ▼ 0.09 (-0.49%)
Cherat Packaging / Oct 31 Cherat Packaging Limited(CPPL)	204.7500 ▼ 1.75 (-0.49%)
Azgard Nine / Oct 31 Azgard Nine Limited(ANL)	21.0525 ▼ 0.15 (-0.48%)
Habib Bank Ltd. / Oct 31 Habib Bank Limited.(HBL)	131.2000 ▼ 0.95 (-0.40%)
Pak Oxygen / Oct 31 Pakistan Oxygen Limited(PAKOXY)	151.0000 ▼ 0.45 (-0.28%)

Stock	Volume
Unity Foods / Oct 31 Unity Foods Limited(UNITY)	36,191,000 ▼ 0.39
Pak Int.Bulk Ter / Oct 31 Pakistan International Bulk Terminal Limited(PIBTL)	19,376,500 ▼ 0.14
Hascol Petroleum / Oct 31 Hascol Petroleum Limited(HASCOL)	14,087,709 ▼ 0.10
Maple Leaf / Oct 31 Maple Leaf Cement Factory Limited(MLCF)	13,342,354 ▼ 0.58
Shabbir Tiles / Oct 31 Shabbir Tiles & Ceramics Limited(STCL)	12,759,500 ▼ 1.44
Power Cement / Oct 31 Power Cement Limited(POWER)	10,601,000 ▼ 0.08
Pakistan Refinery / Oct 31 Pakistan Refinery Limited(PRL)	8,876,500 ▼ 0.09
TRG Pak. / Oct 31 TRG Pakistan Limited(TRG)	8,275,000 ▼ 0.56
Fauji Cem. / Oct 31 Fauji Cement Company Limited(FCCL)	6,258,500 ▼ 0.20
Kot Addu / Oct 31 Kot Addu Power Company Limited(KAPCO)	5,871,000 ▼ 0.33

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Oct 30	160.25
USD PKR Interbank Buying / Oct 30	160.20
USD to Japanese Yen / Oct 30	104.63
USD to Swiss Franc / Oct 30	0.92
Pound Sterling to USD / Oct 30	1.29
Euro to USD / Oct 30	1.17

Stock	Volume
S&P 500 / Oct 30	3310.11
India Sensex / Oct 30	39749.85
Tokyo Nikkei / Oct 30	23331.94
Nasdaq / Oct 30	11185.59
Hang Seng / Oct 30	24586.60
FTSE 100 / Oct 30	5581.75
Dow Jones / Oct 30	26659.11
Germany DAX 30 / Oct 30	11598.07
France CAC40 / Oct 30	4569.67

Indicator	Value
Weekly Foreign Reserves / Oct 29	19301.60
GDPGROWTH / Oct 29	5.40
Foreign Debt (PKR billions) / Oct 29	15087.50
Per Capita Income USD (CPI) / Oct 29	1516.00
Average CPI % / Oct 29	11.11
UK LIBOR % / Oct 30	0.08

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