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Pakistan

Investment Climate report: FO says section on judiciary ‘incorrect and misleading’

US State Dept's Investment Climate report on Pakistan had said country's judiciary is influenced by the government and other stakeholders

Published 27 Jul, 2021 07:44pm

World

IMF sees 6% world growth, warns developing nations falling behind

The recovery is not assured even in countries where Covid-19 infections are currently very low so long as the virus circulates elsewhere

Published 27 Jul, 2021 06:35pm

Pakistan

Pakistan's Shehroze, 19, becomes youngest person to summit K2

He now holds an additional record as the youngest person to have summitted K2 and Everest

Published 27 Jul, 2021 04:59pm

Markets

KSE-100 ends flat as investors exercise caution

The benchmark KSE-100 Index ended flat on Tuesday as investors adopted a cautious approach ahead of the Monetary...

Published 27 Jul, 2021 04:55pm

World

NATO chief urges 'negotiated settlement' in Afghanistan

Since early May, violence has surged as the Taliban launched a sweeping assault just days after US-led NATO forces began a withdrawal which is now almost complete

Published 27 Jul, 2021 04:44pm

Business & Finance

Encouraged by 'positive developments', SBP keeps interest rate unchanged at 7%

Majority of financial market participants had expected the MPC to keep rate unchanged at 7%

Updated 27 Jul, 2021 07:54pm

Life & Style

Britney Spears' lawyer seeks to oust her father from conservatorship

Public support for Britney Spears has swelled since her emotional address to the court in June.

Published 27 Jul, 2021 04:06pm

World

Coronavirus toll at 1000 GMT Tuesday

At least 194,611,850 cases of coronavirus have been registered

Published 27 Jul, 2021 03:56pm

World

US Defence Secretary says committed to stable, constructive relationship with China

SINGAPORE: US Defence Secretary Lloyd Austin said on Tuesday he was committed to having a constructive relationship...

Updated 27 Jul, 2021 04:20pm

World

Tajikistan says hosting Afghans awaiting US visas not on agenda

This matter is not on the bilateral agenda, Muhriddin told a briefing when asked about the United States' request

Published 27 Jul, 2021 03:04pm

World

Explosion rocks chemicals site in western German city of Leverkusen

The explosion happened in a part of the site where waste is incinerated, Chempark operator Currenta said

Published 27 Jul, 2021 03:01pm

Markets

Hong Kong, China shares battered by regulation fears; yuan drops

A trader at a foreign bank says the breach of the 6.5 level could lead to further weakness for the yuan

Updated 27 Jul, 2021 03:45pm

Life & Style

Jameela Jamil horrified by the details of Noor Mukadam case

I long for a time when we are shocked to hear about men's violence against women in Pakistan: Jamil

Published 27 Jul, 2021 02:57pm

Sports

Pakistan's Mahoor Shahzad crashes out of Tokyo Olympics after second defeat

Loses both sets with the same score of 21-14 and 21-14 in badminton event

Published 27 Jul, 2021 02:37pm

Pakistan

Pakistan, Saudi Arabia reiterate bilateral support, agree to work on regional issues

Qureshi thanks the Saudi FM for the Kingdom's "unwavering" support given to Pakistan on the Financial Action Task Force issue

Updated 27 Jul, 2021 03:18pm

Life & Style

SOC Films releases new animated film on how young women can defend themselves

The Siyani Sahelian series tackles societal issues through short animated films

Updated 27 Jul, 2021 02:23pm

Pakistan

Nawaz-Afghan NSA meeting held on Ashraf Ghani's request, says Abbasi

Says Nawaz Sharif not only met Mohib but other officials as they were all part of a delegation from Afghanistan
Sharif wanted to improve Pakistan's ties with Afghanistan: PML-N leader

Updated 27 Jul, 2021 02:24pm

Pakistan

'Unnecessary movement' in Karachi restricted after 6pm as Sindh tightens Covid SOPs

CM instructs police to stop the public from driving around for reasons other than emergencies and crucial work
Takes notice of some tuition centres that are operating in the metropolis despite a ban

Published 27 Jul, 2021 12:38pm

World

Iran says it detains agents working for Israel, seizes arms cache

Tuesday's announcement came after nearly two weeks of protests over water shortages, mostly in southwest Iran, which have turned political and spread to other areas

Updated 27 Jul, 2021 02:57pm

Markets

CBOT corn may retest resistance at $5.53-1/4

The current correction may be shallow, limited to $5.47-3/4

Published 27 Jul, 2021 12:27pm

Markets

CBOT soybeans may retreat to $13.59-1/2 before rising

On the daily chart, the contract found a support at $13.33-1/2. It may bounce towards $13.89-1/2

Published 27 Jul, 2021 12:25pm

Markets

Spot gold neutral in $1,795-$1,809 range

On the daily chart, the metal has been hovering below a resistance at $1,806 for a few days. It is more likely to seek a support at $1,784

Published 27 Jul, 2021 12:23pm

Markets

Yuan bounces from 1-week low, investors eye stock risks

Prior to market opening, the People's Bank of China (PBOC) set the midpoint rate at 6.4734 per dollar, 29 pips firmer than the previous fix of 6.4763

Published 27 Jul, 2021 12:20pm

Pakistan

Afghan soldiers amicably returned to Afghanistan: ISPR

On Monday, the ISPR had said that Pakistan provided "refuge and safe passage" to 46 ANA soldiers

Published 27 Jul, 2021 12:13pm

Life & Style

Pink offers to pay for Norwegian women's team fined for wearing shorts instead of bikini bottoms

The rules stipulate that women must wear bikini bottoms while men wear shorts.

Published 27 Jul, 2021 12:06pm

Markets

Australia, NZ dollars on the defensive as markets eye Fed meeting

Westpac analysts see fair value for the New Zealand dollar at $0.74 -- a level it last reached in February

Updated 27 Jul, 2021 12:20pm

Markets

Tokyo stocks close up for third straight session

The benchmark Nikkei 225 index rose 0.49 percent, or 136.93 points, to 27,970.22, while the broader Topix index gained 0.64 percent, or 12.42 points, to 1,938.04

Published 27 Jul, 2021 11:55am

Sports

Open champion Morikawa says he learnt from post-PGA slump

He would not be making the same mistake going into this week's Tokyo 2020 event at the Kasumigaseki Country Club which begins Thursday

Published 27 Jul, 2021 11:48am

World

Brazil health regulator cancels clinical study for Bharat Biotech vaccine

Bharat on Friday said it had terminated a memorandum of understanding with the local partner company acting as its intermediary in Brazil

Published 27 Jul, 2021 11:47am

World

Brazil reports 18,999 new coronavirus cases, 578 deaths

Brazil has registered more than 19.7 million cases since the pandemic began

Published 27 Jul, 2021 11:45am

Markets

Palm oil may rise into 4,458-4,531 ringgit range

This aggressive target is pointed by a rising trendline. It will be available when the contract stands firm above 4,525 ringgit

Published 27 Jul, 2021 11:42am

World

Haitian presidential security chief arrested over assassination

Civil had already been placed in solitary confinement at a prison in Delmas, near Port-au-Prince

Published 27 Jul, 2021 11:14am

World

China reports 71 new COVID-19 cases on July 26 vs 76 a day earlier

The number of new asymptomatic cases - which China does not classify as confirmed cases - declined to 20 from 24 a day earlier

Published 27 Jul, 2021 11:03am

World

Australia's New South Wales reports biggest daily COVID-19 caseload for 2021

A total of 172 new local cases were detected in New South Wales, up from 145 a day earlier

Published 27 Jul, 2021 10:59am

Markets

Soybeans climb nearly 1% on USDA crop condition report

The most active corn futures were up 0.6% at $5.50-1/4 a bushel. Prices fell to a July 13 low of $5.32-1/4 a bushel on Monday, but closed 0.7% higher

Published 27 Jul, 2021 10:53am

Sports

Pollard slams pitch as Australia cruise to series win

All five Australian bowlers claimed wickets with Mitchell Starc taking three for 43 while his new-ball partner Josh Hazlewood took two for 18 from eight overs

Published 27 Jul, 2021 10:50am

Markets

Gold holds below key $1,800 level as investors eye Fed meet

US gold futures fell 0.1% to $1,797.80 per ounce

Published 27 Jul, 2021 10:48am

Markets

Oil inches up as tight supply, vaccinations outweigh virus concerns

Brent crude futures climbed 13 cents, or 0.2%, to $74.63 a barrel at 0128 GMT, extending a 0.5% gain on Monday

Published 27 Jul, 2021 10:44am

Markets

Brent oil may rise into $75.36-$75.87 range

The contract has completed a pullback towards $73.50, it may not revisit this level

Published 27 Jul, 2021 10:42am

Markets

Asia equities tick up, as investors look to the US

Japan's Nikkei rose 0.58%
Chinese blue chips rose 0.15%, and the Hong Kong benchmark rose 0.31%, though real estate, healthcare, education stocks were still down

Published 27 Jul, 2021 10:37am

Markets

Dollar loiters near highs as traders await Fed

The dollar had dipped about 0.3% against the euro overnight

Published 27 Jul, 2021 10:34am

Markets

Mining, energy stocks push Australian shares to new high, OZ Minerals shines

Financials were up 0.3% with the big four banks gaining between 0.04% and 0.5%

Published 27 Jul, 2021 10:34am

Markets

Australia shares set to open higher, NZ gains

The local share price index futures rose nearly 0.3%, a 66.3-point discount to the underlying S&P/ASX 200 index close

Published 27 Jul, 2021 10:27am

Sports

Japan tennis star Osaka crashes out of Tokyo Olympics

Osaka broke in the second set but relinquished the early advantage with a double fault that allowed Vondrousova to level at two games apiece

Published 27 Jul, 2021 10:23am

Technology

Bezos offers NASA a $2 billion discount for Blue Origin Moon lander

The United States is seeking to return to the Moon by 2024 under the Artemis program, using the lessons learned to prepare for a crewed Mars mission in the 2030s

Published 27 Jul, 2021 10:19am

Technology

Amazon eyes cryptocurrency but not poised for Bitcoin

We remain focused on what this could look like for customers shopping on Amazon

Published 27 Jul, 2021 10:15am

Markets

Tokyo stocks open higher with eyes on US Fed

The dollar fetched 110.28 yen in early Asian trade, against 110.31 yen in New York late Monday

Published 27 Jul, 2021 10:13am

Markets

Hong Kong stocks bounce after hefty losses

The Hang Seng Index rose 0.21 percent, or 56.26 points, to 26,248.58

Published 27 Jul, 2021 10:10am

World

Melbourne to lift virus lockdown as Delta outbreak contained

The state had now "seen off two Delta outbreaks" in recent months, premier Dan Andrews said

Published 27 Jul, 2021 10:05am

Pakistan

Pakistan reports over 3,000 Covid-19 cases for second straight day

Sindh records highest number of infections at 2,153 out of a total of 3,262 in the past 24 hours
Positivity stays above 6.5%

Published 27 Jul, 2021 10:03am

World

Two Koreas agree to restore severed communications

But in a surprise announcement, the two sides said all communication lines were restored on Tuesday morning

Published 27 Jul, 2021 10:02am

Sports

US teen Lydia Jacoby wins Olympic women's 100m breaststroke gold

Schoenmaker surprisingly started the race as the fastest qualifier after setting a new Olympic record in the heats

Published 27 Jul, 2021 09:55am

Sports

Tsitsipas gets revenge on Tiafoe to make Olympics third round

The Greek third seed downed American Tiafoe 6-3, 6-4 under the centre court roof at Ariake Tennis Park, where all play on outside courts was delayed an hour by morning drizzle

Published 27 Jul, 2021 09:52am

World

Tropical storm nears Japan, disrupting Tokyo Olympics

Olympic organisers have rescheduled rowing and archery over concerns about high winds from Tropical Storm Nepartak

Published 27 Jul, 2021 09:49am

Sports

Britain's Dean comes back from Covid to win freestyle gold

Dean said a gold medal seemed "a million miles away" when he was consigned to isolation in January after contracting the virus for the second time in five months

Published 27 Jul, 2021 09:46am

World

Former Ivory Coast foes set for long-awaited meeting

In the last months of his stormy rule from 2000 to 2011, Gbagbo rejected defeat by Ouattara in a presidential ballot

Published 27 Jul, 2021 09:41am

World

Hong Kong court to give first national security trial verdict

The flag read "Liberate Hong Kong, revolution of our times", a ubiquitous slogan during the huge and often violent pro-democracy protests that convulsed the city two years ago

Published 27 Jul, 2021 09:34am

Markets

Asian markets mixed but traders on edge after China crackdown

Hong Kong sank one percent to extended Monday's drop of more than four percent after investors were spooked by Beijing's latest move to tighten its grip on the economy

Published 27 Jul, 2021 09:31am

BR Research

Sugar: cease and desist!

The TCP hopes to import 0.1 million tons of sugar before Independence Day. As tender for $527 per ton C&F was...

Published 27 Jul, 2021 08:28am

BR Research

FDI – the abysmal trend lasts much longer

All hopes are lost when one looks at FDI numbers; foreign direct investment in Pakistan has stayed low for too long...

Published 27 Jul, 2021 08:23am

Gainers
Losers
Leaders

Stock	Price
First Pak Modaraba / Jul 27 First Pak Modaraba(PAKMI)	4.40 ▲ 1.00 (29.41%)
First Punjab Mod. / Jul 27 First Punjab Modaraba(FPJM)	3.82 ▲ 0.72 (23.23%)
Ist Paramount / Jul 27 First Paramount Modaraba(FPRM)	6.84 ▲ 1.00 (17.12%)
First Prud Mod. / Jul 27 First Prudential Modaraba(PMI)	3.03 ▲ 0.36 (13.48%)
KASB Mod. / Jul 27 KASB Modaraba(KASBM)	3.30 ▲ 0.37 (12.63%)
Nazir Cotton / Jul 27 Nazir Cotton Mills Limited(NCML)	9.66 ▲ 1.00 (11.55%)
Ghazi Fab. / Jul 27 Ghazi Fabrics International Limited(GFIL)	11.60 ▲ 1.00 (9.43%)
First Tri-Star Mod. / Jul 27 First Tri-Star Modaraba(FTSM)	12.75 ▲ 1.00 (8.51%)
Unicap Mod. / Jul 27 Unicap Modaraba(UCAPM)	3.10 ▲ 0.23 (8.01%)
J.A.Textile / Jul 27 J.A. Textile Mills Limited(JATM)	13.88 ▲ 1.00 (7.76%)

Stock	Price
S.G. Power Ltd. / Jul 27 S.G. Power Limited(SGPL)	4.50 ▲ -0.48 (-9.64%)
Pak. P.V.C. / Jul 27 Pakistan PVC Limited(PPVC)	5.26 ▲ -0.54 (-9.31%)
Dewan Farooque Motors / Jul 27 Dewan Farooque Motors Limited(DFML)	10.95 ▲ -1.00 (-8.37%)
Buxly / Jul 27 Buxly Paints Limited(BUXL)	95.28 ▲ -7.72 (-7.50%)
AKD Hospitality / Jul 27 AKD Hospitality Limited(AKDHL)	411.65 ▲ -33.35 (-7.49%)
Apna Microfin.Bank / Jul 27 Apna Microfinance Bank Limited(AMBL)	15.21 ▲ -1.23 (-7.48%)
Dawood Equities / Jul 27 Dawood Equities Limited(DEL)	22.99 ▲ -1.86 (-7.48%)
Ashfaq Textile / Jul 27 Ashfaq Textile Mills Limited(ASHT)	21.56 ▲ -1.74 (-7.47%)
Nimir Resins / Jul 27 Nimir Resins Limited(NRSL)	18.96 ▲ -1.53 (-7.47%)
J. K. Spinning / Jul 27 J.K. Spinning Mills Limited(JKSM)	48.90 ▲ -3.85 (-7.30%)

Stock	Volume
Worldcall / Jul 27 Worldcall Telecom Limited(WTL)	36,191,500 ▼ 0.00
Byco Petroleum / Jul 27 Byco Petroleum Pakistan Limited(BYCO)	34,010,500 ▼ 0.00
KASB Mod. / Jul 27 KASB Modaraba(KASBM)	17,716,500 ▼ 0.00
TPL Corp / Jul 27 TPL Corp Limited(TPL)	17,699,000 ▼ 0.00
Al Shaheer Corp. / Jul 27 Al Shaheer Corporation Limited(ASC)	16,138,000 ▼ 0.00
Gul Ahmed / Jul 27 Gul Ahmed Textile Mills Limited(GATM)	13,709,500 ▼ 0.00
K-Electric Ltd / Jul 27 K-Electric Limited(KEL)	12,993,500 ▼ 0.00
TPL Properties / Jul 27 TPL Properties Limited(TPLP)	12,846,500 ▼ 0.00
Citi Pharma / Jul 27 Citi Pharma Limited(CPHL)	12,642,500 ▼ 0.00
Telecard Ltd. / Jul 27 Telecard Limited(TELE)	12,634,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	160.40
USD PKR Interbank Buying / Jul 26	160.30
USD to Japanese Yen / Jul 26	110.36
USD to Swiss Franc / Jul 26	0.92
Pound Sterling to USD / Jul 26	1.38
Euro to USD / Jul 26	1.18
UK LIBOR % / Jul 26	0.08

Stock	Volume
S&P 500 / Jul 26	4422.30
India Sensex / Jul 26	52852.27
Tokyo Nikkei / Jul 26	27833.29
Nasdaq / Jul 26	14840.71
Hang Seng / Jul 26	26192.32
FTSE 100 / Jul 26	7025.43
Dow Jones / Jul 26	35144.31
Germany DAX 30 / Jul 26	15618.98
France CAC40 / Jul 26	6568.60

Item	Value
Crude Oil / Jul 26	72.16
Karachi Cotton Assoc. / Jul 26	12880.00
Gold 10 Grams / Jul 26	94050.00
Gold Spot / Jul 26	1797.85
Cotton / Jul 26	89.60

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