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Pakistan

Defying drought, desertification, peacocks flourish in a Pakistani wildlife sanctuary

For decades, the Blue Peafowl has only been found in the wild in Tharparkar region and Azad Jammu and Kashmir

Published 16 Jun, 2021 02:55pm

Pakistan

Pakistan vaccinates over 12 million people as inoculation drive continues

Over 369,000 people received Covid-19 jab in past 24 hours

Published 16 Jun, 2021 02:34pm

Pakistan

SC seeks alternate housing plan for Gujjar, Orangi nullah affectees

Attorney general told the court if the demolition drive continues, at least 40,000 people would be displaced
The top court rejected the federal government's plea to halt the demolition drive along Gujjar and Orangi nullahs

Updated 16 Jun, 2021 02:03pm

World

Pakistan-origin Lina Khan becomes chair of US Federal Trade Commission

Confirmation hailed by US Senator Elizabeth Warren
Khan, a Big Tech critic, previously worked at the FTC as a legal adviser

Published 16 Jun, 2021 01:35pm

Markets

Hong Kong stocks end with losses

The Hang Seng Index slipped 0.70 percent, or 201.69 points to 28,436.84.

Published 16 Jun, 2021 01:19pm

Markets

JGB yields rise on economic recovery hopes ahead of Fed meeting

Benchmark 10-year JGB futures fell 0.03 point to 151.77.

Published 16 Jun, 2021 01:00pm

Markets

Central bank digital cash will complement cryptos: analysts

Some central banks, including the Reserve Bank of Australia, are exploring the development of tokenised forms of CBDCs on an Ethereum-based platform.

Published 16 Jun, 2021 12:55pm

Markets

Dollar holds below one-month high as currency markets wait for Fed

The dollar was a touch lower versus the yen, with the pair changing hands at 109.91.

Published 16 Jun, 2021 12:52pm

Markets

Australian shares scale new high above 7,400 level, Fed decision awaited

Meanwhile, mining stocks slipped, weighed down by weak prices across metals. Global miner BHP Group Ltd and top gold producer Newcrest Mining Ltd fell 1.7% and 1.3%, respectively.

Published 16 Jun, 2021 12:50pm

World

Sydney records first local COVID-19 case in more than a month

Daily cases have remained in single digits for the last nine days in Victoria while other states and territories have effectively eliminated the virus.

Published 16 Jun, 2021 12:48pm

Technology

India slams Twitter for not complying with new IT rules

New Delhi-based digital advocacy group Internet Freedom Foundation said it was only up to courts, and not the government.

Published 16 Jun, 2021 12:44pm

Markets

Oil rises as demand outlook improves, US inventories fall

Even the return of Iranian exports if the United States rejoins a nuclear agreement and lifts sanctions on Tehran was unlikely to change the bullish picture, he said.

Published 16 Jun, 2021 12:42pm

Markets

Financials, energy stocks boost FTSE 100 as economy runs hot

The domestically focused mid-cap FTSE 250 index advanced 0.5%.

Published 16 Jun, 2021 12:40pm

Markets

China May aluminium output slips mth/mth on power curbs

The world's top producer of the metal churned out 3.32 million tonnes in May, the National Bureau of Statistics said.

Published 16 Jun, 2021 12:38pm

Markets

Oil gains lift European shares, STOXX index holds just off record high

The European energy stock index added 0.6%.

Published 16 Jun, 2021 12:35pm

Markets

Gold little changed as investors await Fed's view on stimulus outlook

Meanwhile, data from China showed the country's industrial output grew 8.8% in May from a year earlier, while retail sales rose 12.4%.

Published 16 Jun, 2021 12:34pm

Markets

CBOT wheat may retest support at $6.48-1/4

Confirmation of the reversal will be when wheat climbs above $6.79.

Published 16 Jun, 2021 12:31pm

World

Wide disagreements, low expectations as Biden, Putin meet

In contrast to Trump, whose 2018 summit with Putin in Helsinki included a meeting accompanied only by interpreters, Biden and Putin are not expected to have any solo dealings.

Published 16 Jun, 2021 12:25pm

World

Trump to visit 'lawless' Texas-Mexico border

Texas "will do what Biden REFUSES to do - protect our citizens along the southern border," Abbott tweeted Tuesday.

Published 16 Jun, 2021 12:22pm

World

Saudi executes Shiite man in 'flawed' trial: campaigners

The kingdom has one of the world's highest rates of executions.

Published 16 Jun, 2021 12:18pm

Pakistan

Karachi, Lahore vaccination centres face Covid jab shortage

Authorities shut down Lahore Press Club and the Pakistan Kidney and Liver Institute vaccination centres

Published 16 Jun, 2021 12:18pm

World

US tops 600,000 Covid deaths, New York and California drop curbs

Biden has set July 4 as the target date for 70 percent of US adults to have received at least one dose

Updated 16 Jun, 2021 12:59pm

Sports

Kroos rues 'unfortunate goal' in Germany defeat by France

German midfielder Joshua Kimmich admitted Die Mannschaft have to prove themselves against Cristiano Ronaldo's Portugal.

Published 16 Jun, 2021 12:13pm

World

What's at stake in Iran's presidential election?

Many Iranian media outlets see poll frontrunner Raisi as a possible successor to Khamenei, who turns 82 in July.

Published 16 Jun, 2021 11:53am

World

Jobs fears as Italy eyes end to Covid ban on layoffs

Confindustria, Italy's main employers organisation, has forecast economic growth of around five percent in 2021, a prediction shared by the Bank of Italy.

Published 16 Jun, 2021 11:50am

World

Hopes languish for Kurdish refugees in Iraq watching Iran vote

But Ibrahim said that once Rouhani became president, nothing was done.

Published 16 Jun, 2021 11:41am

World

'No time to waste' warns Japan climate activist

That significantly firmed up Tokyo's climate commitments and was a "major step forward," Hirata said.

Published 16 Jun, 2021 11:34am

Technology

Chinese rocket with manned crew to blast off Thursday

The mission is a matter of prestige for the government as it prepares to mark the 100th birthday of the ruling Communist Party on July 1 with a propaganda blitz.

Published 16 Jun, 2021 11:30am

World

5.8 magnitude quake hits eastern Indonesia

Shallow quakes tend to do more damage than deep ones, but there were no immediate reports of major damage or casualties.

Published 16 Jun, 2021 11:28am

World

Covid, conflict and debt hinder Ethiopia's economic reforms

There are signs foreign investors remain upbeat.

Published 16 Jun, 2021 11:22am

Sports

Warner, Smith, Cummins skip Windies, Bangladesh tours

There is still some doubt over the Bangladesh leg, Cricket Australia said, but if confirmed will comprise five T20s.

Published 16 Jun, 2021 11:20am

Pakistan

Qadir Baloch, Zehri to join PPP months after quitting PML-N

Qadir says he has consulted people and like-minded political and tribal friends before taking the decision
Zehri and Qadir Baloch had quit the PML-N over their differences with the party's leadership last year

Updated 16 Jun, 2021 11:43am

Markets

Palm loses more than 2% on weaker soyoil prices

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange dropped 2.51% to 3,453 ringgit ($838.72) a tonne.

Published 16 Jun, 2021 11:10am

Markets

US oil may rise into $73.57-$74.99 range

Support is at $71.96, a break below which could cause a fall into a zone of $70.60-$71.28.

Published 16 Jun, 2021 11:08am

Markets

Palm oil may rise into 3,691-3,757 ringgit range

The bounce on Tuesday was so strong that it may extend to the target zone on Wednesday to fill a gap forming on Monday.

Published 16 Jun, 2021 11:06am

Markets

Brent oil may test resistance zone of $74.47-$74.54

Signals on the hourly chart suggest a pullback towards this former resistance or a consolidation around it.

Published 16 Jun, 2021 11:04am

Markets

CBOT corn may bounce further to $6.86-3/4

On the daily chart, the consolidation is taking the shape of a wedge, the lower trendline suggests a target around $6.26-3/4.

Published 16 Jun, 2021 11:02am

Markets

CBOT soybeans may test support at $14.45-1/4

A break above $14.87-1/4 could lead to a gain to $15.13-1/4.

Published 16 Jun, 2021 11:00am

Markets

Spot gold may test support at $1,842

Based on another retracement analysis on the fall from $1,959.01, gold may drop into $1,784-$1,818 range.

Published 16 Jun, 2021 10:58am

Markets

Nikkei inches down as chip shares track US peers; Toyota lifts Topix

AGC Inc, up 4.66%, gained the most on the Nikkei, followed by Kawasaki Kisen Kaisha gaining 4.38%.

Published 16 Jun, 2021 10:54am

Markets

China stocks fall as Sino-West tensions hit risk appetite

The smaller Shenzhen index was down 1.82%, the start-up board ChiNext Composite index was weaker by 3.44%, and Shanghai's tech-focused STAR50 index was down 2.64%.

Published 16 Jun, 2021 10:51am

Markets

Yuan inches up as markets await Fed policy decision, commentary

The yuan's strong rally to three-year highs against the dollar in May prompted a flurry of warnings from policymakers about speculative bets on the currency, prompting a slight pullback and more cautious trade.

Published 16 Jun, 2021 10:48am

Markets

Canadian dollar hits 7-week low, pressured by Fed uncertainty

The program has supported global economic recovery, boosting commodity prices. Canada is a major producer of commodities, including copper and oil.

Published 16 Jun, 2021 10:46am

Markets

Australia, NZ dollars on the defensive in case Fed, RBA make policy waves

The September contract is trading at 99.660, implying a yield of 0.34%, while the June contract had ended at 99.846 for a yield of 0.154%.

Published 16 Jun, 2021 10:44am

Markets

Dollar holds near one-month high; focus on Fed's inflation take

Separate data showed wholesale price inflation accelerated to 6.6%, the largest gain since November 2010.

Published 16 Jun, 2021 10:41am

Markets

Australian shares edge up on energy, banking gains; Fed meeting eyed

In New Zealand, the S&P/NZX 50 slid 0.3% to 12,659.3.

Published 16 Jun, 2021 10:39am

Markets

Australia shares headed for a weaker start, NZ falls

The benchmark closed at a record high on Tuesday.

Published 16 Jun, 2021 10:38am

World

China says no leak at nuclear plant, no change to detection standards

The Taishan project, completed in 2019, consists of two French-designed reactors, and is located around 200 km (124 miles) from Hong Kong.

Published 16 Jun, 2021 10:31am

Markets

Tokyo stocks open lower ahead of US Fed meet

On Wall Street, the Dow ended down 0.3 percent at 34,299.33.

Published 16 Jun, 2021 10:25am

Markets

Hong Kong shares open lower

The Hang Seng Index dipped 0.10 percent, or 29.16 points, to 28,609.37.

Published 16 Jun, 2021 10:21am

Sports

'Monster' Torrey Pines set to test golf's best in US Open

The left-hander will use a 2-wood off several tees for just the right distance.

Published 16 Jun, 2021 10:18am

Markets

Asian markets mixed after inflation spooks traders ahead of Fed

Bank officials have consistently sought to assure markets that the expected surge in inflation will be temporary and monetary policy will be kept accommodative for as long as the economy needs it.

Published 16 Jun, 2021 10:17am

World

Car bomb attack at Colombian military base wounds 36

The various armed groups battle for control of 41,000 hectares of coca leaf in the region, as well as control of an important smuggling route to Venezuela and the Caribbean.

Published 16 Jun, 2021 10:14am

World

North Korea's Kim admits food situation 'tense'

Trade with China, the North's economic lifeline, has slowed to a trickle, while all international aid work faces tight restrictions.

Published 16 Jun, 2021 10:11am

World

EU chief to launch recovery fund in Lisbon, Madrid

With both countries hugely dependent on tourism, their economies have been significantly affected.

Published 16 Jun, 2021 10:09am

BR Research

Pakistan International Bulk Terminal

Pakistan International Bulk Terminal (PSX: PIBTL) was set up in 2010 as a private limited company under the repealed...

Published 16 Jun, 2021 07:45am

BR Research

Budget scare for digital economy?

The golden goose shall never rest easy. Fresh off a postponed spectrum auction, the country’s telecom sector has...

Published 16 Jun, 2021 07:40am

BR Research

EV anxieties

Having big dreams is sexy, but only if there is a plan working quietly in the background to realize them. That’s...

Published 16 Jun, 2021 07:35am

BR Research

Control anger, not prices

Govern every crop as if it were maize, and every commodity as if it were poultry. Yet, government policies are bent...

Published 16 Jun, 2021 07:30am

BR Research

LSM growth broadens

Large-Scale Manufacturing (LSM) continued the upward journey, posting 12.84 percent growth for Jul-Apr FY21 –...

Published 16 Jun, 2021 07:25am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinng / Jun 16 Chakwal Spinning Mills Limited(CWSM)	3.70 ▲ 0.77 (26.28%)
Dewan Sugar / Jun 16 Dewan Sugar Mills Limited(DWSM)	3.94 ▲ 0.79 (25.08%)
First Pak Modaraba / Jun 16 First Pak Modaraba(PAKMI)	3.35 ▲ 0.67 (25.00%)
Kohinoor Sp. / Jun 16 Kohinoor Spinning Mills Limited(KOSM)	5.72 ▲ 1.00 (21.19%)
Yousuf Weaving / Jun 16 Yousaf Weaving Mills Limited(YOUW)	6.00 ▲ 1.00 (20.00%)
First Prud Mod. / Jun 16 First Prudential Modaraba(PMI)	2.41 ▲ 0.39 (19.31%)
Dewan Farooq. Spin. / Jun 16 Dewan Farooque Spinning Mills Limited(DFSM)	3.65 ▲ 0.57 (18.51%)
Hira Tex. / Jun 16 Hira Textile Mills Limited(HIRAT)	4.68 ▲ 0.69 (17.29%)
Colony Textile / Jun 16 Colony Textile Mills Limited(CTM)	7.40 ▲ 0.99 (15.44%)
Dewan Farooque Motors / Jun 16 Dewan Farooque Motors Limited(DFML)	8.00 ▲ 1.00 (14.29%)

Stock	Price
Dandot Cement / Jun 16 Dandot Cement Company Limited(DNCC)	16.39 ▲ -3.30 (-16.76%)
Sindh Modaraba / Jun 16 Sindh Modaraba(SINDM)	8.20 ▲ -0.80 (-8.89%)
Shadman Cotton / Jun 16 Shadman Cotton Mills Limited(SHCM)	25.90 ▲ -2.10 (-7.50%)
JS Inv. / Jun 16 JS Investments Limited(JSIL)	19.89 ▲ -1.61 (-7.49%)
Dadex Eternit / Jun 16 Dadex Eternit Limited(DADX)	38.87 ▲ -3.14 (-7.47%)
TPL Ins. / Jun 16 TPL Insurance Limited(TPLI)	28.25 ▲ -2.27 (-7.44%)
Allied Rental Mod / Jun 16 Allied Rental Modaraba(ARM)	9.50 ▲ -0.75 (-7.32%)
JS Global / Jun 16 JS Global Capital Limited(JSGCL)	121.00 ▲ -9.00 (-6.92%)
Leiner Gelatine / Jun 16 Leiner Pak Gelatine Limited(LPGL)	21.10 ▲ -1.56 (-6.88%)
Crescent Star / Jun 16 Crescent Star Insurance Limited(CSIL)	3.55 ▲ -0.26 (-6.82%)

Stock	Volume
K-Electric Ltd / Jun 16 K-Electric Limited(KEL)	102,629,000 ▼ 0.00
Worldcall / Jun 16 Worldcall Telecom Limited(WTL)	77,804,500 ▼ 0.00
Byco Petr. / Jun 16 Byco Petroleum Pakistan Limited(BYCO)	60,459,500 ▼ 0.00
Hascol Petroleum / Jun 16 Hascol Petroleum Limited(HASCOL)	46,675,263 ▼ 0.00
Ghani Global Glass / Jun 16 Ghani Global Glass Limited(GGGL)	31,833,500 ▼ 0.00
Azgard Nine / Jun 16 Azgard Nine Limited(ANL)	30,709,500 ▼ 0.00
Hum Network / Jun 16 Hum Network Limited(HUMNL)	27,616,000 ▼ 0.00
Ghani Global Hold. / Jun 16 Ghani Global Holdings Limited(GGL)	26,219,500 ▼ 0.00
Kohinoor Sp. / Jun 16 Kohinoor Spinning Mills Limited(KOSM)	26,022,500 ▼ 0.00
Pakistan Refinery / Jun 16 Pakistan Refinery Limited(PRL)	22,856,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 15	156.85
USD PKR Interbank Buying / Jun 15	156.75
USD to Japanese Yen / Jun 15	110.07
USD to Swiss Franc / Jun 15	0.90
Pound Sterling to USD / Jun 15	1.41
Euro to USD / Jun 15	1.21
UK LIBOR % / Jun 15	0.06

Stock	Volume
S&P 500 / Jun 15	4246.59
India Sensex / Jun 15	52773.05
Tokyo Nikkei / Jun 15	29441.30
Nasdaq / Jun 15	14072.86
Hang Seng / Jun 15	28638.53
FTSE 100 / Jun 15	7172.48
Dow Jones / Jun 15	34299.33
Germany DAX 30 / Jun 15	15729.52
France CAC40 / Jun 15	6639.52

Item	Value
Crude Oil / Jun 15	72.47
Karachi Cotton Assoc. / Jun 15	12300.00
Gold 10 Grams / Jun 15	89163.00
Gold Spot / Jun 15	1860.60
Cotton / Jun 15	86.80

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