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Pakistan Published 23 Apr, 2021 12:45pm

Pakistan's Edhi Foundation offers its services in helping tackle the COVID-19 crisis in India

Faisal Edhi has written a letter to Indian Prime Minister Narendra Modi and offered to provide humanitarian assistance
India reported the world's highest daily tally of coronavirus cases, surpassing 330,000 new cases

Pakistan

Agreement between govt, TLP fully implemented, says information minister

Updated 23 Apr, 2021 12:21pm

Pakistan

NCC mulls a possible lockdown today as national positivity ratio jumps to 10.90%

Published 23 Apr, 2021 09:25am

World

Over 100 wounded in clashes with police in Jerusalem: medics

Published 23 Apr, 2021 11:46am

World

The global economic response to climate change: what's the plan?

Published 23 Apr, 2021 11:04am

World

US to send reinforcements to protect withdrawal from Afghanistan

Published 23 Apr, 2021 10:36am

Pakistan

After Iran, Qureshi leaves for Turkey to discuss Afghan peace process

Published 23 Apr, 2021 10:43am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 22	153.50
USD PKR Interbank Buying / Apr 22	153.40
USD to Japanese Yen / Apr 22	107.97
USD to Swiss Franc / Apr 22	0.92
Pound Sterling to USD / Apr 22	1.38
Euro to USD / Apr 22	1.20
UK LIBOR % / Apr 22	0.07

Stock	Volume
S&P 500 / Apr 22	4134.98
India Sensex / Apr 22	48080.67
Tokyo Nikkei / Apr 22	29188.17
Nasdaq / Apr 22	13818.41
Hang Seng / Apr 22	28755.34
FTSE 100 / Apr 22	6938.24
Dow Jones / Apr 22	33815.90
Germany DAX 30 / Apr 22	15320.52
France CAC40 / Apr 22	6267.28

Item	Value
Crude Oil / Apr 22	61.43
Karachi Cotton Assoc. / Apr 22	10800.00
Gold 10 Grams / Apr 22	89163.00
Gold Spot / Apr 22	1782.00
Cotton / Apr 22	86.05

Gainers
Losers
Leaders

Stock	Price
HBL Inv.Fund / Apr 23 HBL Investment Fund(HIFA)	3.25 ▲ 0.34 (11.68%)
Saudi Pak Leas. / Apr 23 Saudi Pak Leasing Company Limited(SPLC)	1.58 ▲ 0.16 (11.27%)
A. Shah Ghazi / Apr 23 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.24 ▲ 0.73 (11.21%)
Allied Rental Mod / Apr 23 Allied Rental Modaraba(ARM)	9.65 ▲ 0.95 (10.92%)
Next Capital / Apr 23 Next Capital Limited(NEXT)	8.85 ▲ 0.81 (10.07%)
Khurshid Spinng / Apr 23 Khurshid Spinning Mills Limited(KHSM)	11.00 ▲ 0.95 (9.45%)
Quetta Textile / Apr 23 Quetta Textile Mills Limited(QUET)	9.95 ▲ 0.75 (8.15%)
Gatron Ind. / Apr 23 Gatron (Industries) Limited(GATI)	478.08 ▲ 33.35 (7.50%)
Glaxo Consumer / Apr 23 GlaxoSmithKline Consumer Healthcare(GSKCH)	233.70 ▲ 16.30 (7.50%)
Service Tex. / Apr 23 Service Industries Textiles Limited(SERT)	14.63 ▲ 1.02 (7.49%)

Stock	Price
Shaheen Ins. / Apr 23 Shaheen Insurance Company Limited(SHNI)	3.55 ▲ -0.64 (-15.27%)
Flying Cement (R) / Apr 23 Flying Cement Company (R)(FLYNGR)	1.78 ▲ -0.24 (-11.88%)
Sana Ind. (R) / Apr 23 Sana Industries (R)(SNAIR)	12.01 ▲ -1.00 (-7.69%)
Javedan Corp. / Apr 23 Javedan Corporation Limited(JVDC)	33.30 ▲ -2.70 (-7.50%)
Pak Suzuki / Apr 23 Pak Suzuki Motor Company Limited(PSMC)	289.69 ▲ -23.48 (-7.50%)
Janana D Mal / Apr 23 Janana De Malucho Textile Mills Limited(JDMT)	85.17 ▲ -6.90 (-7.49%)
Nimir Resins / Apr 23 Nimir Resins Limited(NRSL)	12.96 ▲ -1.05 (-7.49%)
The Organic Meat Co. / Apr 23 The Organic Meat Company Limited(TOMCL)	27.66 ▲ -2.24 (-7.49%)
Colgate-Palm. / Apr 23 Colgate-Palmolive (Pakistan) Limited(COLG)	2590.01 ▲ -208.99 (-7.47%)
Yousuf Weaving / Apr 23 Yousaf Weaving Mills Limited(YOUW)	3.30 ▲ -0.26 (-7.30%)

Stock	Volume
Ghani Global Hold. / Apr 23 Ghani Global Holdings Limited(GGL)	38,541,500 ▼ 0.00
Worldcall / Apr 23 Worldcall Telecom Limited(WTL)	23,481,500 ▼ 0.00
TRG Pakistan / Apr 23 TRG Pakistan Limited(TRG)	23,247,861 ▼ 0.00
Unity Foods / Apr 23 Unity Foods Limited(UNITY)	9,677,518 ▼ 0.00
Byco Petr. / Apr 23 Byco Petroleum Pakistan Limited(BYCO)	7,068,000 ▼ 0.00
Telecard Ltd. / Apr 23 Telecard Limited(TELE)	6,328,500 ▼ 0.00
Bal. Glass / Apr 23 Balochistan Glass Limited(BGL)	6,308,000 ▼ 0.00
Hum Network / Apr 23 Hum Network Limited(HUMNL)	5,947,500 ▼ 0.00
Flying Cement (R) / Apr 23 Flying Cement Company (R)(FLYNGR)	5,441,000 ▼ 0.00
Habib Metro / Apr 23 Habib Metropolitan Bank Limited(HMB)	4,149,500 ▼ 0.00

Markets →

Business & Finance

PIA cancels flights to Canada amid COVID-19 ban

The ban officially takes effect on Friday, 11:30 pm (PST).

Published 23 Apr, 2021 12:23pm

BR Research

Arresting interest rate trends

There seems to be a change of heart in banks’ treasury offices. This is suggested by the decline in T-Bills yields...

Published 23 Apr, 2021 07:25am

SBP imposes penalties of over Rs 97mn on major banks

The SBP takes supervisory enforcement actions against those institutions that fail to comply with legal or regulatory requirements and these actions may range from the imposition of penalties, administrative and financial sanctions, and reference to concerned law enforcement/prosecution agencies.

Published 23 Apr, 2021 11:41am

Stocks

Tokyo stocks close lower ahead of virus state of emergency

The benchmark Nikkei 225 index fell 0.57 percent or 167.54 points to end at 29,020.63.

Published 23 Apr, 2021 11:43am

BR Research

Engro Fertilizers stellar profits

Engro Fertilizers Limited announced its 1QCY21 financial results and there was plenty to cheer for the shareholders...

Published 23 Apr, 2021 07:30am

Pakistan economy needs to grow 7-9pc to generate jobs, curb debt: Report

The report highlighted that investment and productivity, which are the two major drivers of growth are not only rather low in Pakistan, but are on a decline.

Published 23 Apr, 2021 11:16am

Forex

Dollar wallows as traders reassess taper timing; cryptocurrencies tumble

Bitcoin slumped 4.2% to below $50,000, and briefly touched $48,338. It has fallen every day but two since reaching a record high of $64,895.22 on April 14.

Published 23 Apr, 2021 11:41am

Forex

Australia, NZ dollar hit by US capital tax doubling plan

New Zealand government bonds eased, sending yields about 2-3 basis points higher across the curve.

Published 23 Apr, 2021 11:39am

Energy

US oil may edge up to $62.62 before falling

The wave C is expected to resume thereafter.

Published 23 Apr, 2021 11:37am

Commodities

Palm oil poised to break resistance at 4,028 ringgit

On the daily chart, the uptrend looks steady. It is riding on a wave C which is expected to travel into 4,301-4,576 ringgit range.

Published 23 Apr, 2021 11:36am

Energy

Brent oil may bounce to $66.46

A further gain may signal a continuation of the uptrend from $60.27.

Published 23 Apr, 2021 11:35am

BR Research

Covid-19 strategy needs shock therapy!

The catastrophic rise of Covid-19 cases in India, and the horrors that are unfolding after the Indian government...

Published 23 Apr, 2021 07:35am

BR Research

Choppy waters

Be careful what you wish for! Pakistanis have been opposed to American presence in the country’s backyard, but now...

Published 23 Apr, 2021 07:40am

BR Research

Interview with Dr. Arshad Ahmad - Vice Chancellor, LUMS

“We have embraced a ‘no-borders’ agenda by incentivizing cross-disciplinary work”. Dr. Arshad Ahmad is the...

Published 23 Apr, 2021 07:45am

BR Research

What do exporters want?

During an active pandemic, Pakistan’s exports remain sticky around $2 billion per month level during 9MFY21. That...

Published 22 Apr, 2021 07:25am

BR Research

Weak economy + Covid: a double whammy for FDI

While the situation at external front has been improving, the foreign direct investment climate is dreary as usual....

Published 22 Apr, 2021 07:30am

BR Research MCB 169.00 ▼ -0.31%

MCB: Steady profits

Not quite the 2020 performance, but CY21 has started on a bright note for MCB, which declared Rs4.5 per share as...

Published 22 Apr, 2021 07:35am

Pakistan

Pakistan's Edhi Foundation offers its services in helping tackle the COVID-19 crisis in India

Faisal Edhi has written a letter to Indian Prime Minister Narendra Modi and offered to provide humanitarian assistance
India reported the world's highest daily tally of coronavirus cases, surpassing 330,000 new cases

Published 23 Apr, 2021 12:45pm

Agreement between govt, TLP fully implemented, says information minister

Minister says a resolution has been tabled in the National Assembly by the government while the workers of banned TLP, who were arrested under the MPO Ordinance 1960, have been released
Protests by the activists of the banned religious party have ended in the country, says Fawad

Updated 23 Apr, 2021 12:21pm

South Asia

Pakistan to shift to 60% clean energy by 2030, according to PM's Climate aide

On Thursday, Pakistan assured the international community that it would shift to 60% clean energy and 30% electric vehicle use by 2030.
Addressing the Leaders Summit in Washington, Special Assistant to the Prime Minister on Climate Change Malik Amin Aslam urged developed nations to fulfil their commitment to help others make this transition from carbon-based to clean energy.

Updated 23 Apr, 2021 11:55am

After Iran, Qureshi leaves for Turkey to discuss Afghan peace process

The foreign minister will participate in a trilateral meeting to be attended by the Foreign Ministers of Turkey and Afghanistan
Qureshi will also hold bilateral talks with his Turkish counterpart Mevlut Cavusoglu

Published 23 Apr, 2021 10:43am

Pakistan receives 0.5m doses of SinoVac from China

The National Command and Operation Centre (NCOC) said the latest consignment was procured from China on payment.

Published 23 Apr, 2021 10:10am

NCC mulls a possible lockdown today as national positivity ratio jumps to 10.90%

The NCC meeting has been summoned by Prime Minister Imran Khan.
The meeting will discuss imposing further restrictions in cities where the positivity ratio is exceeding 10%.

Published 23 Apr, 2021 09:25am

South Asia

Canada bans passenger flights from India and Pakistan to combat third-wave of COVID-19

On Thursday, the Canadian government announced that it would be temporarily barring passenger flights from India and Pakistan for the next 30 days, as part of stricter measures to combat the spread of the coronavirus.
This decision was enacted by the left-leaning government of Prime Minister Justin Trudeau after prominent right-leaning politicians criticised Ottawa's lack of response in dealing with the third wave of the pandemic.

Published 23 Apr, 2021 09:11am

Maryam asks rulers to compete with Shehbaz in public service

LAHORE: Reacting to grant of post-arrest bail to Leader of the Opposition in the National Assembly Shehbaz Sharif in... Updated 23 Apr, 2021 10:05am

Latest

World

WHO jab experts want more AZ clot data from outside Europe

SAGE said most clotting cases were reported in Britain and the European Union, with very few cases noted in other countries.

Published 23 Apr, 2021 10:35am

World

Fresh warning from Covid solutions group, one year on

At its launch on April 25 last year, the pandemic was still in its infancy.

Published 23 Apr, 2021 10:23am

World

3 rockets hit Baghdad airport base housing US troops: security sources

One of the sources said the projectiles hit the section of the airbase occupied by Iraqi troops, who share the base.

Published 23 Apr, 2021 10:14am

World

Biden doubles US emissions cut target as summit lifts climate hopes

Canadian Prime Minister Justin Trudeau, another early ally of Biden, boosted ambitions of his energy-exporting country to reductions of 40-45 percent below 2005 levels, compared with an earlier target of 30 percent.

Published 23 Apr, 2021 10:11am

World

Canada bans passenger flights from India and Pakistan to combat third-wave of COVID-19

On Thursday, the Canadian government announced that it would be temporarily barring passenger flights from India and Pakistan for the next 30 days, as part of stricter measures to combat the spread of the coronavirus.
This decision was enacted by the left-leaning government of Prime Minister Justin Trudeau after prominent right-leaning politicians criticised Ottawa's lack of response in dealing with the third wave of the pandemic.

Published 23 Apr, 2021 09:11am

Economic body asked to provide clear road maps

ISLAMABAD: The Economic Advisory Council (EAC) has been asked to come up with short-, medium-, and long-term road... Published 23 Apr, 2021 05:12am

Nepra maintains KE’s exclusivity till licence expiry

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has maintained exclusivity of Karachi-Electric (KE)... Updated 23 Apr, 2021 09:35am

Action needed to tackle ‘climate crisis’: Advisor

ISLAMABAD: Advisor to the Prime Minister on Climate Change Malik Amin Aslam said Thursday that action is needed to... Updated 23 Apr, 2021 09:32am

World

South Asia

Pakistan to shift to 60% clean energy by 2030, according to PM's Climate aide

On Thursday, Pakistan assured the international community that it would shift to 60% clean energy and 30% electric vehicle use by 2030.
Addressing the Leaders Summit in Washington, Special Assistant to the Prime Minister on Climate Change Malik Amin Aslam urged developed nations to fulfil their commitment to help others make this transition from carbon-based to clean energy.

Updated 23 Apr, 2021 11:55am

Europe

European Parliament to vote on EU-UK post-Brexit trade pact

Currently the treaty is provisionally applied, pending the European Parliament's adoption. British MPs ratified it the day it was signed, on December 30, 2020.

Published 22 Apr, 2021 04:31pm

South Asia

Canada bans passenger flights from India and Pakistan to combat third-wave of COVID-19

On Thursday, the Canadian government announced that it would be temporarily barring passenger flights from India and Pakistan for the next 30 days, as part of stricter measures to combat the spread of the coronavirus.
This decision was enacted by the left-leaning government of Prime Minister Justin Trudeau after prominent right-leaning politicians criticised Ottawa's lack of response in dealing with the third wave of the pandemic.

Published 23 Apr, 2021 09:11am

Middle East

Syria government receives first Covax jabs

On Wednesday, the war-torn northwest of the country had received 53,800 AstraZeneca doses from Covax, the first such delivery to the country's last major opposition bastion.

Published 22 Apr, 2021 04:30pm