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Sports

Borussia Dortmund reject European Super League plans

Clubs from England, Spain and Italy have signed up to the plans, while no German or French sides have yet to be associated with the breakaway.
The move sets up a rival to UEFA's established Champions League competition and was condemned by football authorities as well as political leaders.

Published 19 Apr, 2021 04:41pm

Sports

Former Sri Lanka player Lokuhettige gets eight-year ban for corruption

Lokuhettige, who played nine one-dayers and two Twenty20 internationals for Sri Lanka, was charged with three counts of breaching the anti-corruption code of world governing body.
"Having represented Sri Lanka in international cricket, Dilhara had attended a number of anti-corruption education sessions and would have known his actions were a breach of the Code," said Alex Marshall, ICC General Manager - Integrity Unit.

Published 19 Apr, 2021 04:18pm

UK PM Johnson cancels trip to India due to coronavirus worries

"Instead, Prime Ministers Modi and Johnson will speak later this month to agree and launch their ambitious plans for the future partnership between the UK and India."

Published 19 Apr, 2021 03:27pm

Pakistan

Pakistan needs to vaccinate 40-50 million people by the end of 2021: SAPM on Health

Dr. Faisal Sultan feared that despite a vaccine drive, new variants of the virus will remain a threat.
He believed that the country has seen the worst of the pandemic, but pinned his hopes on the situation next winter.

Published 19 Apr, 2021 02:50pm

Pakistan

PM says some religious, political parties ‘misusing’ Islam, vows campaign to prevent blasphemous acts

He said he had started a campaign that joined together heads of state of Muslim countries against blasphemy.
He said Pakistan was formed in the name of Islam, adding that no one should cast doubt about any other person as to how deeply he respected the Prophet (PBUH).

Published 19 Apr, 2021 01:36pm

World

Germany's confirmed coronavirus cases rise by 11,437

The reported death toll rose by 92 to 80,006, the tally showed.

Published 19 Apr, 2021 12:10pm

Markets

China's Shandong aims to cut 21mn T steel capacity by 2022

Shandong is the third biggest steel producer in China.

Published 19 Apr, 2021 12:08pm

Markets

Indian shares sink on record surge in daily COVID-19 cases

The state of Maharashtra, home to financial hub Mumbai, has already imposed stringent curbs, effective April 15.

Published 19 Apr, 2021 12:06pm

Markets

Copper rises on global economic recovery hopes

LME copper inventories fell for the second straight session, albeit only slightly, while the premium of cash copper over the three-month contract rose to $16 a tonne, indicating tightening nearby supplies.

Published 19 Apr, 2021 12:05pm

World

Thailand reports 1,390 new coronavirus infections, 3 new deaths

Three deaths were reported.

Published 19 Apr, 2021 12:04pm

Markets

Oil drops as surging COVID-19 infections stoke demand concerns

Japan has had far fewer COVID-19 cases than many other major economies, but concerns about a new wave of infections are rising fast, according to their responses in the poll.

Published 19 Apr, 2021 11:55am

Markets

Strong global steel demand lifts Asia's iron ore benchmarks

Construction steel rebar on the Shanghai Futures Exchange fell 1%, while hot-rolled coil slipped 0.3%. Still, Shanghai's most-traded steel contracts are among this year's top gainers in China's ferrous metals complex.

Published 19 Apr, 2021 11:53am

Markets

Palm drops 1% on virus-led demand worries, cheaper soyoil

Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.

Published 19 Apr, 2021 11:47am

Markets

Asian markets mixed; Indonesia c.bank meeting eyed

Elsewhere, the Taiwanese dollar strengthened and equities rose after the island nation's central bank said it may hike its annual growth forecast.

Published 19 Apr, 2021 11:45am

Pakistan

FO expresses sympathies on tragic train accident in Egypt which killed at least 11 people

Eleven people were killed and 98 injured on Sunday in a train accident in Egypt's Qalioubia province north of Cairo.
"Our thoughts and prayers are with the government, the brotherly people of Egypt and the families of those who have lost their lives," FO said.

Published 19 Apr, 2021 11:43am

World

India struggles with COVID count, bed shortage; political rallies continue

Hong Kong late on Sunday said the Asian financial hub will suspend flights from India, Pakistan and the Philippines from April 20 for two weeks due to imported infections.

Published 19 Apr, 2021 11:36am

World

China trials mixing of COVID-19 vaccines from CanSinoBIO and Zhifei Longcom

Chinese researchers also running trials for two-dose-based vaccination of Ad5-nCoV, as well as an inhalation version of the vaccine.

Published 19 Apr, 2021 11:33am

Markets

Palm oil July contract may hover below 3,722 ringgit

On the third month continuous chart, the contract seems to be riding on a wave c, which is capable of travelling far below the nearest support at 3,659 ringgit

Published 19 Apr, 2021 11:31am

Markets

Brent oil still targets $65.22-$65.73 range

Despite its strength, the rise from the March 23 low of $60.27 is regarded as a part of the correction from $71.38.

Published 19 Apr, 2021 11:30am

Markets

CBOT corn may retest resistance at $6.00-1/4

A rising trendline suggests a target of $6.19-1/4.

Published 19 Apr, 2021 11:28am

Markets

CBOT soybeans may retest resistance at $14.54

The uptrend from $8.23-3/4 so far remains intact. Indeed, it may have resumed, as the contract persistently rose towards $14.54-3/4.

Published 19 Apr, 2021 11:27am

Markets

Spot gold may rise towards $1,818

On the daily chart, gold has cleared a resistance at $1,776. It is expected to rise towards $1,799-$1,828 range.

Published 19 Apr, 2021 11:26am

Markets

Gold firms as softer US dollar, yields lift appeal

Some investors view gold as a hedge against higher inflation that could follow stimulus measures.

Published 19 Apr, 2021 11:24am

Markets

Yuan eases as investors focus on Sino-US tensions, tighter cash conditions pare losses

The domestic currency market largely ignored the US Treasury Department's decision not to label China as a currency manipulator in the first semi-annual foreign exchange report issued by Treasury Secretary Janet Yellen.

Published 19 Apr, 2021 11:22am

Markets

Australia, New Zealand dollars hit by weakness in oil, commodities

On Monday, the authorities reopened the Australian-New Zealand border, allowing quarantine-free travel between the countries for the first time in over a year.

Published 19 Apr, 2021 11:20am

Markets

Corn jumps nearly 1% on global supply concerns

Corn was supported amid concerns about adverse weather in South America and the United States, denting expectations of bumper global supplies.

Published 19 Apr, 2021 11:19am

Markets

Dollar pinned near one-month low amid subdued US yields

The bitcoin rout also followed a decision on Friday by Turkey's central bank to ban the use of cryptocurrencies for purchases.

Published 19 Apr, 2021 11:17am

Markets

Australia shares boosted by banks and miners, energy stocks weigh

Crown Resorts jumped 0.5% after it received a A$3 billion ($2.32 billion) offer from US private equity firm Oaktree Capital to buy James Packer's 37% stake in the casino operator.

Published 19 Apr, 2021 11:15am

Pakistan

Mufti Muneeb announces nationwide shutter down strike in TLP support today

Mufti Muneeb-ur-Rehman demanded that the arrested TLP workers be released.
Jamiat Ulema-e-Islam-Fazl (JUI-F) Chief Maulana Fazlur Rehman and Jamaat-e-Islami Ameer Siraj ul Haq also announced that they fully supported Muneeb's call for strike.
CNG and petrol pumps, as well as markets, will remain closed today.

Published 19 Apr, 2021 11:08am

Markets

Australia shares set to open higher, NZ gains

The benchmark ended largely unchanged on Friday.

Updated 19 Apr, 2021 11:15am

Markets

Hong Kong stocks higher at lunch

The Hang Seng Index was up 0.80 percent, or 232.17 points, to 29,201.88 at the lunch break.

Published 19 Apr, 2021 10:37am

Markets

Asian equities higher on US recovery hopes

"With a softening in the Chinese credit impulse and a resurgence of virus cases in India and Japan, topside ambitions continue to run into walls of profit-taking," he added.

Published 19 Apr, 2021 10:36am

World

Rescuers recover bodies of 11 killed in illegal Colombian mine

Duran expressed his condolences to the victims' families and called for efforts "to avoid other tragedies."

Published 19 Apr, 2021 10:34am

World

US hits vaccine milestone as NZealand, Australia open travel bubble

White House efforts to speed up vaccinations hit a snag when health authorities reported six cases of young women developing a clotting disorder after taking the Johnson & Johnson shot.

Published 19 Apr, 2021 10:33am

World

EU foreign ministers to meet on Navalny health as tensions with Russia soar

France's foreign minister Jean-Yves Le Drian warned Sunday those sanctions could be expanded, saying Russia must be held "responsible" for the dissident's health.

Published 19 Apr, 2021 10:31am

World

Cuban party electing new leaders amid generational shift

Castro, however, committed the country to "respectful" talks with the US administration of Joe Biden. Ties with the United States had worsened under Biden's predecessor, Donald Trump.

Published 19 Apr, 2021 10:30am

Markets

Hong Kong stocks flat at open

The Hang Seng Index was down 0.03 percent, or 9.58 points, to 28,960.13.

Published 19 Apr, 2021 10:28am

World

Jury in George Floyd murder trial to hear closing arguments

"The outcome that we pray for in Derek Chauvin is for him to be held criminally liable for killing George Floyd," said Ben Crump, an attorney for the Floyd and Wright families.

Published 19 Apr, 2021 10:27am

Technology

NASA aims for historic helicopter flight on Mars

Wind is the big unknown and could jeopardize the mission.

Published 19 Apr, 2021 10:25am

Markets

Tokyo shares open down ahead of corporate results

Sony Group lost 0.91 percent to 11,970 yen. SoftBank Group fell 0.69 percent to 10,010 yen.

Published 19 Apr, 2021 10:22am

Sports

FIFA says it 'disapproves' of European Super League plans

World football's governing body stressed in a statement it was in favour of "solidarity" in the sport and said.

Published 19 Apr, 2021 10:21am

Sports

Twelve major European clubs launch plans for Super League

"Three additional clubs will be invited to join them before the start of the inaugural season which will start as soon as possible."

Published 19 Apr, 2021 10:19am

World

Deal elusive in conservatives' battle for Merkel's crown

The infighting has thrown the conservatives into disarray as Merkel is about to bow out after 16 years in power.

Published 19 Apr, 2021 10:18am

Sports

Golf: US PGA RBC Heritage scores

Chris Kirk 70-67-68-67, Collin Morikawa 65-68-67-72

Published 19 Apr, 2021 10:16am

Sports

Spurs slapped with $25,000 fine for violating injury/rest rules

The Spurs rested guards DeMar DeRozan and Patty Mills and center Jakob Poeltl for their 111-85 win over the Phoenix Suns in Arizona on Saturday.

Published 19 Apr, 2021 10:08am

World

Canadian govt to send support to virus-hit province

"If you live in Ontario. I want you to know that Canadians are with you."

Published 19 Apr, 2021 10:05am

Sports

Advantage Atletico after patched-up Real Madrid held by Getafe

Nacho Fernandez and Casemiro were both suspended, with Raphael Varane and Fede Valverde unavailable due to Covid-19 protocol.

Published 19 Apr, 2021 10:01am

Sports

All Blacks hooker Coles signs on for another Rugby World Cup

"It's a huge honour to play for that team and I never take my opportunities in the black jersey for granted," he said.

Published 19 Apr, 2021 09:59am

Pakistan

Pakistan reports 5,152 new COVID-19 cases, 73 deaths in 24 hours

There are 82,276 active cases of the virus in the country, out of which 4,515 are critical cases.
3,362 people also recovered from the virus in the last 24 hours.

Published 19 Apr, 2021 09:40am

Pakistan

All policemen taken hostage by TLP released: Sheikh Rashid

Interior Minister announced that the second round of negotiations with TLP will begin after sehri.
11 policemen including a deputy superintendent of police were taken hostage by TLP in Lahore on Sunday.

Published 19 Apr, 2021 09:13am

BR Research

Interview with Almas Hyder, Chairman SPEL Group

“Auto sector capacity will easily reach 650,000 units over next five years.” Almas Hyder is an Engineer,...

Updated 19 Apr, 2021 10:38am

BR Research

Sugar MY21: a chartist’s version

One look at the February 2021 Large Scale Manufacturing Index (QIM) would tell you that the outcry over sugar...

Published 19 Apr, 2021 07:40am

BR Research

Dolmen City REIT in 9MFY20

Nearing its sixth year into operations, Dolmen City REIT (PSX: DCR) announced its financial performance for 9MFY21...

Published 19 Apr, 2021 07:35am

BR Research

A welcome change to primary dealer rules

About a two decades ago in 2000, when the SBP started the primary dealership (PD) for government bonds and papers...

Published 19 Apr, 2021 07:30am

BR Research

More bad press

Despite recent efforts to improve Pakistan’s image, the problem refuses to go away. Last week’s deadly protests,...

Published 19 Apr, 2021 07:25am

Technology

EU to unveil AI rules to fight Big Brother fears

BRUSSELS: The EU is set to unveil a proposal to regulate the sprawling field of artificial intelligence, with the ...

Updated 19 Apr, 2021 09:56am

World

Britain to use Brexit ‘flexibility’ to make City of London more attractive

LONDON: Britain will use its freedom from European Union rules to regulate markets flexibly and make the City of...

Updated 19 Apr, 2021 09:56am

World

Stellantis electric cars will have up to 800km range

PARIS: Automaker Stellantis said Thursday it plans to develop four electric vehicle platforms that will offer up to...

Updated 19 Apr, 2021 09:56am

World

US warns of 'consequences' if Navalny dies as Russia protests called

WASHINGTON: The United States on Sunday warned Russia of "consequences" if the hunger-striking Kremlin critic Alexei...

Updated 19 Apr, 2021 09:56am

World

Moscow expels 20 Czech diplomats

MOSCOW: Russia on Sunday said 20 employees of the Czech embassy in Moscow had been declared "persona non grata" and...

Updated 19 Apr, 2021 09:56am

Gainers
Losers
Leaders

Stock	Price
Pak Gulf Leas. / Apr 19 Pak-Gulf Leasing Company Limited(PGLC)	9.34 ▲ 0.99 (11.86%)
Allied Rental Mod / Apr 19 Allied Rental Modaraba(ARM)	8.70 ▲ 0.91 (11.68%)
Sana Ind. (R) / Apr 19 Sana Industries (R)(SNAIR)	10.01 ▲ 1.00 (11.10%)
SILKBANK / Apr 19 Silkbank Limited(SILK)	1.40 ▲ 0.13 (10.24%)
Service Fab. / Apr 19 Service Fabrics Limited(SERF)	11.35 ▲ 1.00 (9.66%)
Worldcall / Apr 19 Worldcall Telecom Limited(WTL)	1.69 ▲ 0.13 (8.33%)
Crescent Fib. / Apr 19 Crescent Fibres Limited(CFL)	55.05 ▲ 3.84 (7.50%)
Din Tex. / Apr 19 Din Textile Mills Limited(DINT)	49.46 ▲ 3.45 (7.50%)
Landmark Sp. / Apr 19 Landmark Spinning Industries Limited(LMSM)	21.50 ▲ 1.50 (7.50%)
Mithchells / Apr 19 Mitchells Fruit Farms Limited(MFFL)	306.37 ▲ 21.37 (7.50%)

Stock	Price
First Equity Mod. / Apr 19 First Equity Modaraba(FEM)	3.26 ▲ -0.92 (-22.01%)
Pak. P.V.C. / Apr 19 Pakistan PVC Limited(PPVC)	3.41 ▲ -0.54 (-13.67%)
Flying Cement (R) / Apr 19 Flying Cement Company (R)(FLYNGR)	2.40 ▲ -0.32 (-11.76%)
Quetta Textile / Apr 19 Quetta Textile Mills Limited(QUET)	8.51 ▲ -0.94 (-9.95%)
First Punjab Mod. / Apr 19 First Punjab Modaraba(FPJM)	2.60 ▲ -0.28 (-9.72%)
Shaheen Ins. / Apr 19 Shaheen Insurance Company Limited(SHNI)	3.80 ▲ -0.33 (-7.99%)
Kohinoor Ind. / Apr 19 Kohinoor Industries Limited(KOIL)	7.61 ▲ -0.63 (-7.65%)
Emco Ind. / Apr 19 Emco Industries Limited(EMCO)	29.60 ▲ -2.40 (-7.50%)
Gatron Ind. / Apr 19 Gatron (Industries) Limited(GATI)	440.30 ▲ -35.70 (-7.50%)
Netsol Tech. / Apr 19 NetSol Technologies Limited(NETSOL)	161.82 ▲ -13.11 (-7.49%)

Stock	Volume
Worldcall / Apr 19 Worldcall Telecom Limited(WTL)	100,836,000 ▼ 0.00
Byco Petr. / Apr 19 Byco Petroleum Pakistan Limited(BYCO)	24,233,500 ▼ 0.00
TRG Pak. / Apr 19 TRG Pakistan Limited(TRG)	22,706,118 ▼ 0.00
Ghani Global Hold. / Apr 19 Ghani Global Holdings Limited(GGL)	22,186,500 ▼ 0.00
Telecard / Apr 19 Telecard Limited(TELE)	16,509,000 ▼ 0.00
Unity Foods / Apr 19 Unity Foods Limited(UNITY)	13,214,944 ▼ 0.00
SILKBANK / Apr 19 Silkbank Limited(SILK)	12,077,000 ▼ 0.00
Bal. Glass / Apr 19 Balochistan Glass Limited(BGL)	11,394,500 ▼ 0.00
Pakistan Refinery / Apr 19 Pakistan Refinery Limited(PRL)	7,176,500 ▼ 0.00
K-Electric Ltd / Apr 19 K-Electric Limited(KEL)	6,546,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 16	152.80
USD PKR Interbank Buying / Apr 16	152.70
USD to Japanese Yen / Apr 16	108.80
USD to Swiss Franc / Apr 16	0.92
Pound Sterling to USD / Apr 16	1.38
Euro to USD / Apr 16	1.20
UK LIBOR % / Apr 16	0.07

Stock	Volume
S&P 500 / Apr 16	4185.47
India Sensex / Apr 16	48832.03
Tokyo Nikkei / Apr 16	29683.37
Nasdaq / Apr 16	14052.34
Hang Seng / Apr 16	28969.71
FTSE 100 / Apr 16	7019.53
Dow Jones / Apr 16	34200.67
Germany DAX 30 / Apr 16	15459.75
France CAC40 / Apr 16	6287.07

Item	Value
Crude Oil / Apr 16	63.13
Karachi Cotton Assoc. / Apr 16	10800.00
Gold 10 Grams / Apr 16	94564.00
Gold Spot / Apr 16	1780.20
Cotton / Apr 16	85.03

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