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Archive - 2020-08-21
MCB 1HCY20: Near flawless
Currency

MCB 1HCY20: Near flawless

MCB Bank Limited (MCB) posted a sizeable 24 percent year-on-year increase in 1HCY20, primarily built on strong core...
Published 21 Aug, 2020 08:30am
MARI in FY20
BR Research

MARI in FY20

Impact of Covid-19 and depressed oil prices have been the key headwinds for the oil and gas exploration and...
Published 21 Aug, 2020 08:30am
Google services restored
Technology

Google services restored

SAN FRANCISCO: Popular Google services including Gmail, Docs and Drive were down for many users around the world on...
Updated 21 Aug, 2020 03:38am
The Weather
Pakistan

The Weather

KARACHI: The weather report on Thursday (August 20, 2020) and the forecast for Friday (August 21, 2020)....
Updated 21 Aug, 2020 03:38am
European shares slide
Stocks

European shares slide

MILAN/FRANKFURT: Miners and banks led declines in European stocks, hit by a wave of selling across global markets on...
Updated 21 Aug, 2020 03:32am
Most major Gulf markets dip
Stocks

Most major Gulf markets dip

DUBAI: Most major stock markets in the Gulf ended lower on Thursday hurt by losses in financial shares, although the...
Updated 21 Aug, 2020 03:32am
Asia's gasoline cracks ease
Energy

Asia's gasoline cracks ease

SINGAPORE: Asia's gasoline crack eased 1% to $2.49 a barrel on Wednesday, tracking losses in Brent crude, but the...
Updated 21 Aug, 2020 03:32am
Copper prices falter
Commodities

Copper prices falter

LONDON: Copper prices fell on Thursday as profit-taking on Federal Reserve policymakers' concern about US growth was...
Updated 21 Aug, 2020 03:32am
Gold gains in New York
Commodities

Gold gains in New York

NEW YORK: Gold recovered on Thursday from a side of more than 3% in the last session, after US jobless claims...
Updated 21 Aug, 2020 03:32am
Sterling holds above $1.31
Currency

Sterling holds above $1.31

LONDON: Sterling touched an intra-week low on Thursday but held above $1.31 as less dovish than expected minutes ...
Published 21 Aug, 2020 03:10am
Lira weakens
Currency

Lira weakens

ISTANBUL: Turkey's lira weakened again on Thursday ahead of the central bank's policy rate decision, losing some of...
Published 21 Aug, 2020 03:10am
Wapda seeks increase in hydel tariff

Wapda seeks increase in hydel tariff

ISLAMABAD: Water and Power Development Authority (Wapda) has sought an increase in hydel tariff by Rs 1.65 per unit...
Published 21 Aug, 2020 03:10am
Excessive self-praise
Letters

Excessive self-praise

LETTER: Why has the PTI government created a kind of euphoria over its so-called 'excellent' performance in two ...
Published 21 Aug, 2020 03:10am
JLI MEESEQ Fund Rates
Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Thursday (August 20, 2020). ======================== Offer Price 1,165.0937 Bid...
Published 21 Aug, 2020 03:10am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 21 Aug, 2020 03:10am
Member to Member
Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Thursday (August 20, 2020)....
Published 21 Aug, 2020 03:10am
THE RUPEE: Fall against USD
Currency

THE RUPEE: Fall against USD

KARACHI: On Thursday, after market close, Pakistan Rupee recorded a fall against USD in both interbank and open...
Published 21 Aug, 2020 03:10am
Shipping Intelligence
Cotton

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 20, 2020)....
Published 21 Aug, 2020 03:10am
Japanese shares dip
Stocks

Japanese shares dip

TOKYO: Japanese shares ended lower on Thursday, tracking Wall Street's losses, as the US Federal Reserve's minutes...
Published 21 Aug, 2020 03:10am
Australian, NZ shares fall
Stocks

Australian, NZ shares fall

SYDNEY/WELLINGTON: Australian shares ended lower on Thursday as appetite for risky assets faded on fears that the...
Published 21 Aug, 2020 03:10am
Undo neo-liberalism
Opinion

Undo neo-liberalism

ARTICLE: 'This nation asks for action, and action now' - Franklin D. Roosevelt As a government that came on the...
Published 21 Aug, 2020 03:10am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 21 Aug, 2020 03:10am
JLI MANAGED TAKAFUL FUND
Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Thursday (August 20, 2020). ======================== Offer Price...
Published 21 Aug, 2020 03:10am
EFU AGGRESSIVE FUND RATES
Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (August 20, 2020). ======================== Offer Price 1,416.8029...
Published 21 Aug, 2020 03:10am
Lahore Paper Market Rates
Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (August 20, 2020). ======================================= Offset...
Published 21 Aug, 2020 03:10am
Lahore Grain Market Rates
Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (August 20, 2020)...
Published 21 Aug, 2020 03:10am
Bullion Rates
Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (August 20, 2020)....
Published 21 Aug, 2020 03:10am
Euronext wheat narrowly mixed
Grains

Euronext wheat narrowly mixed

PARIS: Euronext wheat traded narrowly mixed on Wednesday, consolidating after a rally in the past week as traders...
Published 21 Aug, 2020 03:10am
Cotton Spot Rates
Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Thursday (August 20, 2020)....
Published 21 Aug, 2020 03:10am
CBOT corn futures step back
Grains

CBOT corn futures step back

CHICAGO: Chicago Board of Trade (CBOT) corn pulled back on Wednesday as a US Midwest crop tour continues to find...
Published 21 Aug, 2020 03:10am
Dollar rebounds in Europe
Currency

Dollar rebounds in Europe

LONDON: The dollar consolidated gains on Thursday after less dovish than expected minutes from last month's US...
Published 21 Aug, 2020 03:10am
The energy mess
Currency

The energy mess

EDITORIAL: A deal between the government and Independent Power Producers (IPPs) is a landmark achievement in ...
Published 21 Aug, 2020 03:10am
Discordant voices
Editorials

Discordant voices

EDITORIAL: Coming from a federal minister it was not only unexpected but strange - all the more so considering that...
Published 21 Aug, 2020 03:10am