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Sports

National T20 great opportunity to prepare for T20 World Cup, says Babar Azam

Urges UAE-bound players to do their best in the event

Published 22 Sep, 2021 10:32pm

Sports

'Chances better' of West Indies cricket team's tour to Pakistan

Cricket West Indies is in talks with the Pakistan Cricket Board (PCB) to finalise arrangements regarding its upcoming tour to Pakistan later this year

Published 22 Sep, 2021 10:17pm

Markets

SBP mandates banks to share five-day schedule of import payments

Also directs banks to seek permission for imports that are valued at $500,000 per transaction, cutting in half the original payment ceiling of $1 million
Move comes as part of measures to better forecast imports

Published 22 Sep, 2021 09:50pm

Markets

FTSE 100 gains as banks, commodity-linked stocks jump; Entain at record high

FTSE 100 up 1.5%, FTSE 250 adds 0.7%

Updated 22 Sep, 2021 09:20pm

Markets

Stocks rise awaiting Fed update

LONDON: Stock markets mostly rose Wednesday, recovering further from recent sharp losses on easing concerns over...

Published 22 Sep, 2021 07:57pm

Markets

US stocks rise as markets await Fed decision

S&P 500 gained 0.4 percent to 4,373.19, while Nasdaq Composite Index added 0.2 percent at 14,775.83

Published 22 Sep, 2021 07:52pm

Markets

Dollar edges lower ahead of Fed, Evergrande exhale lifts risk-sensitive currencies

NEW YORK: The US dollar slipped ahead of a policy announcement by the Federal Reserve on Wednesday, while...

Updated 22 Sep, 2021 08:18pm

World

German FM says Taliban 'show' at UN would serve no purpose

UNITED NATIONS: Germany on Wednesday voiced opposition to the Taliban's request to address the United Nations, ...

Updated 22 Sep, 2021 07:51pm

Markets

Wall Street rebounds from recent losses; Fed in focus

FedEx falls on profit drop, forecast cut
Energy stocks lead early gains
Indexes up: Dow 0.61%, S&P 0.45%, Nasdaq 0.22%

Updated 22 Sep, 2021 07:27pm

Business & Finance

ADB says Pakistan's economy to grow at 4% in FY22

Forecast is lower than what the government is targeting

Updated 22 Sep, 2021 10:29pm

Markets

Pakistan tenders to buy 640,000 tonnes wheat

HAMBURG: A government agency in Pakistan has issued an international tender to purchase and import 640,000 tonnes of...

Updated 22 Sep, 2021 06:56pm

Sports

Joshua faces 'toughest-ever fight' against Usyk, warns Hearn

LONDON: Anthony Joshua could face his "toughest-ever fight" when he defends the WBA, IBF and WBO heavyweight titles...

Published 22 Sep, 2021 06:19pm

Sports

Former West Indies cricketer Samuels charged under corruption code

LONDON: Former West Indies all-rounder Marlon Samuels was Wednesday charged under the International Cricket ...

Published 22 Sep, 2021 06:14pm

Sports

Afghanistan wants to host Pakistan for cricket series

KARACHI: Newly appointed Afghanistan cricket chairman Azizullah Fazli said Wednesday he would visit neighbouring...

Published 22 Sep, 2021 06:14pm

Markets

Oil prices rise on expected US stocks draw

Market eyes EIA inventory data due later on Wednesday
OPEC+ struggles to pump more oil
Gas price rally adds to the upside pressure

Published 22 Sep, 2021 05:23pm

Markets

Indian shares end flat as private banks drag; media stocks surge

BENGALURU: Indian shares ended flat on Wednesday as major private bank stocks slipped and offset sharp gains in Coal...

Updated 22 Sep, 2021 05:38pm

Markets

Gold treads water in run-up to US Fed decision

Gold prices steadied on Wednesday as investors braced for the outcome of a US Federal Reserve meeting and chief...

Published 22 Sep, 2021 05:13pm

Markets

Corn rebounds from 1-week low; soy, wheat also firm

CBOT corn ends 4-day fall as harvest, export prospects assessed
Expectation of tight stockpiles counters harvest supply pressure

Published 22 Sep, 2021 05:11pm

Markets

Palm rallies 3% on estimates of falling output, soyoil rebound

Palm rise for second consecutive day
Malaysia's Sept. 1-20 production seen weaker

Published 22 Sep, 2021 05:11pm

World

US to donate 500 million additional Covid vaccines to world

WASHINGTON: President Joe Biden will announce Wednesday the US plans to donate an additional 500 million...

Published 22 Sep, 2021 04:39pm

Sports

First IPL player tests positive for Covid

DUBAI: Sunrisers Hyderabad bowler Thangarasu Natarajan has become the first Indian Premier League player to test...

Published 22 Sep, 2021 04:31pm

World

Coronavirus toll at 1000 GMT Wednesday

At least 229,482,830 cases of coronavirus have been registered

Updated 22 Sep, 2021 04:29pm

Technology

Pakistan's fintech TAG gets $12mn funding at $100mn valuation

Pakistan’s fintech TAG Innovation Pvt. received $12 million from international investors, as it eyes to enhance ...

Published 22 Sep, 2021 03:42pm

Pakistan

Threat to New Zealand team primarily generated from India, says Fawad

Minister for information says fake email IDs were created ahead of series in Pakistan

Updated 22 Sep, 2021 05:14pm

Business & Finance

KSE-100 recovers after intra-day fall of over 1,200 points

Benchmark index reacts to triggers emanating from regional markets as well as interest-rate hike in Pakistan

Updated 22 Sep, 2021 06:18pm

Pakistan

People benefitting from corrupt system are opposing use of EVMs: PM Imran

Says EVMs will not benefit the government in any way as the only purpose of introducing these machines is to make the polls transparent

Published 22 Sep, 2021 02:22pm

Pakistan

Resettle Orangi, Gujjar nullah affectees in a year, SC directs Sindh govt

Instructs Sindh CM Murad Ali Shah to submit a report in two weeks

Published 22 Sep, 2021 01:47pm

Markets

FTSE 100 gains as commodity-linked stocks jump; Entain at record high

The FTSE 100 jumped 0.7% after recording its best session in two months on Tuesday. Industrial metal miners led the gains as copper prices surged after default fears around property giant China Evergrande eased

Published 22 Sep, 2021 01:28pm

Markets

Tokyo shares close lower ahead of Fed decision

The benchmark Nikkei 225 index lost 0.67 percent or 200.31 points to end at 29,639.40, while the broader Topix index fell 1.02 percent or 21.00 points to 2,043.55

Published 22 Sep, 2021 01:25pm

Pakistan

Pilot killed as PAF jet crashes near Mardan

PAF spokesperson says aircraft was on a routine training mission when it crashed

Published 22 Sep, 2021 01:17pm

World

Two Taliban among three killed in Jalalabad attack

The attack in Jalalabad city is the latest on Taliban targets in Nangarhar province, which for years was the main operating base of the Islamic State group's Afghanistan chapter

Updated 22 Sep, 2021 01:25pm

Technology

Salesforce rival Freshworks raises $1.03bn in US IPO, valued at $10.13bn

Freshworks priced 28.5 million shares at $36 per share, the company backed by Accel and Sequoia Capital said on Tuesday

Published 22 Sep, 2021 12:43pm

World

US House Democrats advance abortion rights bill, Senate passage unlikely

If the "Women's Health Protection Act" passes the Democratic-controlled House, it is unlikely to succeed in the 100-member Senate

Published 22 Sep, 2021 12:39pm

World

Military aid for Israel removed from US funding bill, but leadership pledges vote later this week

Some House Democrats objected to a provision in a stopgap spending bill to provide the additional funding so Israel can replenish its 'Iron Dome' missile-defence system

Updated 22 Sep, 2021 02:37pm

World

Burundi grenade blasts kill at least five, injures 50

The Interior Ministry said on Twitter that "unidentified terrorists" were responsible. There was no immediate claim of responsibility for the grenade attacks

Published 22 Sep, 2021 12:32pm

World

Philippines' Duterte vows accountability for anyone who went 'beyond bounds' in drug war

UNITED NATIONS: Philippines President Rodrigo Duterte said on Tuesday that anyone found to have "acted beyond ...

Published 22 Sep, 2021 12:29pm

Pakistan

Pakistan receives another batch of SinoVac, Sinopharm vaccines

NDMA says three million doses of SinoVac and seven million doses of Sinopharm have been handed over to the Ministry of National Health Services

Updated 22 Sep, 2021 02:23pm

World

Police to resume search of Florida wilderness for fiance of Gabby Petito

Police have called Brian Laundrie, 23, a "person of interest" in the case, which has captivated Americans since Petito's family reported her missing on Sept. 11. Ten days earlier Laundrie had returned home to North Port, Florida, without her from a cross-country road trip

Published 22 Sep, 2021 12:25pm

Markets

Dollar near one-month high as Evergrande risks, Fed loom

The dollar index stood at 93.226 in early Asian trade, staying not far off Monday's one-month high of 93.455

Published 22 Sep, 2021 11:56am

Markets

Australia shares set to open lower, NZ flat

The local share price index futures fell 0.2%, a 48.8-point discount to the underlying S&P/ASX 200 index close

Published 22 Sep, 2021 11:52am

Business & Finance

Samsung Electronics setting up TV line-up plant in Karachi

In another major development for Pakistan's manufacturing sector, South Korean electronics giant Samsung is in the...

Published 22 Sep, 2021 11:51am

Markets

Australia shares fall as subdued copper prices weigh on metal stocks

The S&P/ASX 200 index fell 0.23% to 7,256.8 by 0023 GMT, after ending 0.4% higher in the previous session

Published 22 Sep, 2021 11:51am

Markets

CBOT wheat may fall into $6.73-$6.81 range

The current fall is presumed to be riding on a wave c, the third wave of a three-wave cycle from $7.33-1/4

Published 22 Sep, 2021 11:50am

Markets

CBOT corn may test support at $5.11-1/4

Bounces against the fall from $5.37-1/2 have been too weak to reverse the downtrend

Published 22 Sep, 2021 11:49am

Markets

CBOT soybeans may retest resistance at $12.77-1/2

Based on the sideways move over the past two weeks, the bounce may extend further

Published 22 Sep, 2021 11:48am

Markets

Spot gold may fall into $1,756-$1,763 range

Only a rise above $1,788 could confirm the extension of the uptrend from the Aug. 9 low of $1,684.37

Updated 22 Sep, 2021 12:15pm

Markets

Brent oil may test resistance at $75.36

Immediate support is at $74.12, a break below could cause a fall into the range of $72.89 to $73.51

Published 22 Sep, 2021 11:45am

Markets

Palm oil may bounce into 4,227-4,275 ringgit range before falling

A wedge has been more or less confirmed as a top pattern, suggesting a target of 3,913 ringgit

Published 22 Sep, 2021 11:43am

Markets

NY cocoa may revisit Tuesday high of $2,641

A break below $2,595 could open the way towards $2,567-$2,583 range

Published 22 Sep, 2021 11:42am

Markets

Aussie perks up as Evergrande relief lifts investor sentiment

Some of the excitement fizzled, however, after traders realised it was still not known whether the developer would be able to pay the coupon on its offshore dollar bonds due on Thursday

Published 22 Sep, 2021 11:39am

Markets

Japanese shares fall ahead of Fed outcome

The Nikkei share average was down 0.63% to 29,650.78 by 0209 GMT, while the broader Topix fell 0.67% to 2,050.67

Published 22 Sep, 2021 11:36am

Markets

Corn rebounds from 1-week low, but harvest progress weighs

Wheat gained ground after three days of decline while soybeans were largely unchanged

Published 22 Sep, 2021 11:33am

Markets

Australia, NZ dollars try to find a floor as Fed risk looms

The Aussie was a shade firmer at $0.7241, having found support at $0.7220, though it needs to get above $0.7283 resistance to be out of immediate danger

Published 22 Sep, 2021 11:31am

Markets

Gold inches higher ahead of Fed policy decision

Spot gold rose 0.2% to $1,777.68 per ounce by 0356 GMT, while US gold futures were flat at $1,778.00

Published 22 Sep, 2021 11:26am

Pakistan

Pakistan transmits dossier on India's human rights violations to other envoys

Foreign Minister Shah Mahmood Qureshi has transmitted the dossier documenting India’s systematic and widespread...

Updated 22 Sep, 2021 11:40am

Markets

China's yuan near 1-month low, losses stemmed by Evergrande relief

In the spot market, onshore yuan opened at 6.4725 per dollar and fell to a low of 6.4737, the weakest level since Aug. 27

Published 22 Sep, 2021 11:12am

Markets

China stocks fall, Evergrande's assurance lifts property stocks

The CSI300 index fell 1.1% to 4,801.94 by the end of the morning session, while the Shanghai Composite Index lost 0.3% to 3,603.41

Published 22 Sep, 2021 11:10am

Markets

Palm jumps nearly 3% on slowing output forecast, soyoil rebound

The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange gained 114 ringgit, or 2.72%, to 4,306 ringgit

Published 22 Sep, 2021 11:09am

Markets

LME aluminium may rise into $3,041-$3,228 range in Q4

The metal is riding on a powerful wave C from $1,455, which is the third wave of a three-wave cycle from the November 2015 low of $1,432.50

Published 22 Sep, 2021 11:06am

Markets

Tech, auto help Indian shares eke out gains; Zee soars

The blue-chip NSE Nifty 50 index was up 0.14% at 17,586.15 by 0455 GMT and the benchmark S&P BSE Sensex rose 0.18% to 59,109.28

Published 22 Sep, 2021 11:03am

Markets

Oil rises over 1% after report of big draw in US crude stocks

US West Texas Intermediate (WTI) crude futures rose 89 cents, or 1.3%, to $71.38 a barrel at 0516 GMT, adding to a 35 cent gain from Tuesday

Published 22 Sep, 2021 10:59am

World

Taliban ask to address UN General Assembly, name new envoy

Ambassador of the Afghan government ousted by the Taliban last month has also requested to speak, with the UN yet to decide who will represent the country at the world body

Updated 22 Sep, 2021 11:17am

Sports

Suarez fires Atletico top with late double at Getafe

Hosts Getafe took the lead through Stefan Mitrovic on the stroke of half-time, but the game changed when Carles Alena was sent off in the 74th minute

Published 22 Sep, 2021 10:42am

Sports

Over-40 Westwood, Garcia could be Ryder Cup danger men

Westwood will be the oldest player to represent Europe since Christy O'Connor Sr. in 1973

Published 22 Sep, 2021 10:33am

World

US says Blinken expects to speak to France

Blinken and French Foreign Minister Jean-Yves Le Drian will both participate at the UN General Assembly in a closed-door meeting for the five veto-wielding members of the Security Council

Published 22 Sep, 2021 10:31am

World

Amnesty demands two billion Covid jabs for poorer world

Human rights group said in a new report that US President Joe Biden was expected to outline a pledge at the UN General Assembly to fully vaccinate 70 percent of the world's population by next September

Published 22 Sep, 2021 10:29am

World

Biden congratulates Trudeau on Canada election win

The two leaders underscored the strong and deep friendship between the United States and Canada, according to a statement

Published 22 Sep, 2021 10:25am

Sports

Morgan hat-trick as US thrash Paraguay 8-0

Morgan took her international goals tally to 114 in her 188th international as the world champions routed the South Americans for the second time in five days

Published 22 Sep, 2021 10:22am

World

Rare Australia earthquake triggers panic in Melbourne

The US Geological Survey put the magnitude of the quake at 5.8, later revised up to 5.9, and said it struck at a depth of 10 kilometres (six miles)

Published 22 Sep, 2021 10:08am

World

Brazil's health minister tests positive for Covid-19 at UN gathering

The other members of the delegation have been tested and are negative, said the official Brazilian government press release

Published 22 Sep, 2021 10:07am

BR Research

Roshan Packages Limited

Roshan Packages Limited (PSX: RPL) was set up in 2002 as a private limited company under the Companies Act, 2017. In...

Published 22 Sep, 2021 07:45am

BR Research

Autos: Wind back in the sails

Price reductions, less expensive car financing and new product line-ups from emerging players is translating to an...

Published 22 Sep, 2021 07:40am

BR Research

NML: all kinds of growth and expansions

Whether it is the dividend on a portfolio or the export return, Nishat Mills Limited’s (PSX: NML) growth prospects...

Published 22 Sep, 2021 07:35am

BR Research

ICTs: encouraging data

At the start of the new fiscal year, the Information and Communication Technology (ICT) space has shown interesting...

Published 22 Sep, 2021 07:30am

BR Research

Controlling imports: Get creative

Trade detail numbers are here. And there are no more surprises. But much noise. And fear. And all sorts of...

Published 22 Sep, 2021 07:25am

Govt employees given major housing relief

The increase in house rent ceiling will be applicable to federal government employees from grade 1 to 22

Updated 22 Sep, 2021 10:00am

POS, electricity consumption by public: Law hasn’t stipulated any tax: FBR

ISLAMABAD: The Tax Laws (Third Amendment) Ordinance 2021 has not imposed any tax on point of sale (POS) and...

Updated 22 Sep, 2021 09:41am

OECD lowers global, US economic growth forecasts

PARIS: The OECD warned Tuesday of an “uneven” global economic recovery as it lowered its 2021 growth forecasts...

Updated 22 Sep, 2021 09:42am

CDWP recommends KCR at cost of Rs20.715bn to ECNEC

ISLAMABAD: The Central Development Working Party (CDWP) recommended “Karachi Circular Railways” at cost of Rs...

Updated 22 Sep, 2021 09:46am

2023 elections will be held after 7th census

ISLAMABAD: Federal Minister for Information Fawad Chaudhry said on Tuesday that the next general election would be...

Updated 22 Sep, 2021 09:44am

Removal of 17,000 employees: NA throws out PPP resolution

ISLAMABAD: In an unusual move, the Pakistan People’s Party (PPP) wanted to bring a resolution against termination...

Updated 22 Sep, 2021 09:48am

Pakistan

1500 filtration plants to be functional by December: Punjab governor

LAHORE: Inaugurating the 50 more filtration plants, Governor Punjab Chaudhry Mohammad Sarwar said on Tuesday that...

Published 22 Sep, 2021 03:48am

Gainers
Losers
Leaders

Stock	Price
Grays Leas. / Sep 22 Grays Leasing Limited(GRYL)	4.14 ▲ 0.44 (11.89%)
Shaheen Ins. / Sep 22 Shaheen Insurance Company Limited(SHNI)	3.99 ▲ 0.29 (7.84%)
AL-Noor Sugar / Sep 22 Al-Noor Sugar Mills Limited(ALNRS)	76.84 ▲ 5.36 (7.50%)
Aisha Steel / Sep 22 Aisha Steel Mills Limited(ASL)	23.65 ▲ 1.65 (7.50%)
Century Ins. / Sep 22 Century Insurance Company Limited(CENI)	19.39 ▲ 1.35 (7.48%)
Huffaz Pipe / Sep 22 Huffaz Seamless Pipe Industries Limited(HSPI)	23.13 ▲ 1.61 (7.48%)
Gatron Ind. / Sep 22 Gatron (Industries) Limited(GATI)	515.00 ▲ 34.99 (7.29%)
Pak Engg. / Sep 22 Pakistan Engineering Co Limited(PECO)	324.00 ▲ 21.99 (7.28%)
Din Tex. / Sep 22 Din Textile Mills Limited(DINT)	169.90 ▲ 10.90 (6.86%)
S.G. Power Ltd. / Sep 22 S.G. Power Limited(SGPL)	3.90 ▲ 0.25 (6.85%)

Stock	Price
Panther Tyres / Sep 22 Panther Tyres Limited(PTL)	54.30 ▲ -18.02 (-24.92%)
Pak Gen. Ins. / Sep 22 The Pakistan General Insurance Co. Ltd.(PKGI)	4.20 ▲ -1.00 (-19.23%)
Pak Gulf Leas. / Sep 22 Pak-Gulf Leasing Company Limited(PGLC)	5.70 ▲ -0.96 (-14.41%)
Tri-Star / Sep 22 Tri-Star Mutual Fund Limited(TSMF)	5.90 ▲ -0.90 (-13.24%)
Ruby Tex. / Sep 22 Ruby Textile Mills Limited(RUBY)	6.73 ▲ -1.00 (-12.94%)
1st Dawood / Sep 22 First Dawood Investment Bank Limited(FDIBL)	2.30 ▲ -0.34 (-12.88%)
First Elite Cap. Mod. / Sep 22 First Elite Capital Modaraba(FECM)	3.70 ▲ -0.52 (-12.32%)
Dewan Farooq. Spin. / Sep 22 Dewan Farooque Spinning Mills Limited(DFSM)	4.14 ▲ -0.58 (-12.29%)
Security Bank / Sep 22 Security Investment Bank Limited(SIBL)	6.05 ▲ -0.79 (-11.55%)
Dewan Farooque Motors / Sep 22 Dewan Farooque Motors Limited(DFML)	8.24 ▲ -1.00 (-10.82%)

Stock	Volume
Worldcall / Sep 22 Worldcall Telecom Limited(WTL)	90,547,000 ▼ 0.00
Azgard Nine / Sep 22 Azgard Nine Limited(ANL)	35,958,500 ▼ 0.00
Hum Network / Sep 22 Hum Network Limited(HUMNL)	34,001,500 ▼ 0.00
Byco Petroleum / Sep 22 Byco Petroleum Pakistan Limited(BYCO)	32,990,000 ▼ 0.00
Telecard Ltd. / Sep 22 Telecard Limited(TELE)	26,640,500 ▼ 0.00
Hascol Petroleum / Sep 22 Hascol Petroleum Limited(HASCOL)	18,760,680 ▼ 0.00
Silkbank / Sep 22 Silkbank Limited(SILK)	14,107,000 ▼ 0.00
Unity Foods / Sep 22 Unity Foods Limited(UNITY)	13,955,683 ▼ 0.00
TPL Corp / Sep 22 TPL Corp Limited(TPL)	13,189,500 ▼ 0.00
Ghani Global Hold. / Sep 22 Ghani Global Holdings Limited(GGL)	12,858,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 22	168.60
USD PKR Interbank Buying / Sep 22	168.50
USD to Japanese Yen / Sep 22	109.14
USD to Swiss Franc / Sep 22	0.92
Pound Sterling to USD / Sep 22	1.37
Euro to USD / Sep 22	1.17
UK LIBOR % / Sep 22	0.07

Stock	Volume
S&P 500 / Sep 22	4354.19
India Sensex / Sep 22	59005.27
Tokyo Nikkei / Sep 22	29839.71
Nasdaq / Sep 22	14746.40
Hang Seng / Sep 22	24221.54
FTSE 100 / Sep 22	6980.98
Dow Jones / Sep 22	33919.84
Germany DAX 30 / Sep 22	15348.53
France CAC40 / Sep 22	6552.73

Item	Value
Crude Oil / Sep 22	70.76
Karachi Cotton Assoc. / Sep 22	13280.00
Gold 10 Grams / Sep 22	94700.00
Gold Spot / Sep 22	1775.00
Cotton / Sep 22	90.03

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