News Archives for Latest - 2020-10-01

Pakistan

CPEC to revolutionize national economy, says Sindh Governor

Imran Ismail was of the opinion that CPEC well reflected the deep rooted and everlasting relationship between Pakistan and China.

Published 01 Oct, 2020 11:59pm

Pakistan

PML-N some members in regular contact with incumbent govt: Murad Saeed

Action will be taken against Nawaz Sharif in accordance with the provisions of law and the Constitution, he added.

Published 01 Oct, 2020 11:58pm

Pakistan

Shibli asks Nawaz to inform nation about his amassed assets, wealth stashed abroad

Shibli said Imran Khan was also questioned about his wealth and he explained his sources before the courts.

Published 01 Oct, 2020 11:57pm

Pakistan

Nawaz Sharif is defaming Pakistan Army at India's behest: PM Khan

“Nawaz Shairf is playing dangerous game against Pakistan and I’m 100 percent sure that India is supporting him,” says the Prime Minister.

Updated 01 Oct, 2020 09:54pm

Exchange

Economic stability vital for best foreign policy: Qureshi

The foreign minister was briefed by the ambassadors about their efforts to achieve Pakistan's trade targets set for their respective countries.

Published 01 Oct, 2020 08:38pm

Pakistan

Sindh Education Minister refutes decision for closing schools

Ghani said that the country was facing multiple challenges like the electricity crisis, industrial slow down, high inflation and economic crunch simultaneously.

Published 01 Oct, 2020 08:26pm

Stocks

Tokyo Stock Exchange suspends day's trade after worst-ever system glitch

It also comes as Tokyo is hoping to attract more banks and fund managers from Hong Kong, amid businesses' concerns over a new security law imposed by China.

Updated 01 Oct, 2020 08:35pm

Financial

German bond yields edge higher before PMI data

In early London trading, German ten-year government bond yields edged 2 bps higher at minus 0.5090pc.

Updated 01 Oct, 2020 08:35pm

Industry

Tesla cuts starting price for China-made Model 3 cars by 8pc

Tesla started to deliver cars from the Shanghai factory in December, helping it save on shipping costs and tariffs for imported models.

Updated 01 Oct, 2020 08:35pm

Forex

Turkish lira firms again after normalisation steps

The lira stood at 7.6750 against the dollar at 0715 GMT, firming from a close of 7.7440. Earlier, it firmed to as much as 7.6400.

Updated 01 Oct, 2020 08:35pm

Commodities

CBOT corn may rise to $3.90

The resistance is identified as the 38.2pc projection level of an upward wave C from $3.60-1/2.

Updated 01 Oct, 2020 08:35pm

Pakistan

Delegation of manufacturers from various sectors meet PM

Representatives of various business associations were also present during the meeting.

Updated 01 Oct, 2020 08:34pm

Pakistan

COVID-19 claims 13 lives, infects 361: CM Sindh

He said that 11689 samples were tested against which 361 cases were detected that constituted three percent infection rate, said a statement issued from the CM House.

Published 01 Oct, 2020 08:22pm

Pakistan

Bullion Prices on Thursday

Following were the bullion prices in Karachi on Thursday.

Published 01 Oct, 2020 08:21pm

Pakistan

Patient safety to be ensured in hospitals: Dr Yasmin

"The primary objective of the training is to ensure compliance of the SOPs for safe treatment of patients," the minister said.

Published 01 Oct, 2020 08:19pm

Pakistan

FBR holds awareness seminar on PM relief package for construction industry

He said special initiative and relief for the construction sector has far-reaching importance for revival of economy, economic boost and generating employment opportunities.

Published 01 Oct, 2020 08:17pm

Pakistan

Gold prices decrease Rs100 to Rs112,700

The price of per tola and ten gram silver remained stagnant at Rs. 1200 and Rs. 1028.80 respectively.

Published 01 Oct, 2020 08:09pm

Stocks

TSX gains on upbeat manufacturing data

At 9:35 a.m. ET (1335 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 86.47 points, or 0.54pc, at 16,207.85.

Published 01 Oct, 2020 08:03pm

Energy

Oil slides on weak demand outlook and higher OPEC supplies

Brent crude futures fell $1.64, or 3.9pc, to $40.66 a barrel by 1401 GMT and US West Texas Intermediate (WTI) crude futures were down $1.75, or 4.4pc, at $38.47.

Published 01 Oct, 2020 07:59pm

Money & Banking

Bank of England reaches target for corporate bond purchases

BoE data showed the central bank held 19.7 billion pounds of corporate bonds as of Sept. 30.

Published 01 Oct, 2020 07:49pm

Business & Finance

PepsiCo sees strong annual profit as snacks, sodas thrive in pandemic

Sales of snacks under the company's Frito-Lay North America unit, rose 7pc in the third quarter, while higher demand for breakfast foods led to a 6pc rise at its Quaker Foods business.

Updated 01 Oct, 2020 07:49pm

Pakistan

IHC to hear Kulbhushan Jadhav case on Oct 6

A larger bench of the high court comprising Chief Justice Athar Minallah, Justice Amir Farooq, and Justice Mian Gull Hassan Aurangzeb will hear the case next week.

Updated 01 Oct, 2020 07:26pm

Bullion Rate

Bullion rates in Hyderabad gold market

Following were the bullion rates in Hyderabad gold market on Thursday.

Published 01 Oct, 2020 07:18pm

Pakistan

Girls education top priority of incumbent government: Shafqat

The SNC will not only bring uniformity in education system of the country but also promotes love, interfaith harmony and tolerance, he added.

Published 01 Oct, 2020 07:15pm

Pakistan

SRB showing over 16pc growth in Sept by collecting Rs10.429bn: CM Sindh

According to the CM Sindh, the heavy rains in August 2020 severely compounded the woes of service sector business, already immensely hit by COVID-19.

Published 01 Oct, 2020 07:12pm

Pakistan

CM Sindh approves Rs10.1 billion funds for NICVD

The approval was announced by Sindh Chief Minister while presiding over a meeting on NICVD issues at Chief Minister House.

Published 01 Oct, 2020 07:08pm

Pakistan

SC declares report on Balochistan missing persons as 'unsatisfactory'

On Thursday, the Supreme Court declared that the “missing persons” report submitted by the Balochistan Police was “unsatisfactory”, directing law enforcement to recover the individuals in two weeks.

Published 01 Oct, 2020 06:41pm

USA

New US jobless claims fall to 837,000: government

Claims fell by 36,000 over the previous week's level.

Published 01 Oct, 2020 06:38pm

Pakistan

543 new Coronavirus cases reported; five deaths in past 24 hours

Around 297,497 people have recovered from the disease so far across Pakistan making it a significant count with over 90 percent recovery ratio of the affected patients.

Updated 01 Oct, 2020 06:32pm

Pakistan

Nawaz Sharif responsible for rising inflation, economic crisis: Faraz

Minister says there is no difference between Nawaz and MQM chief Altaf Hussain as both leaders used people for their own gains

Updated 01 Oct, 2020 06:11pm

World

Almost 50% of Conservative Party members believe Islam is a 'threat to British way of life'

There continues to be widespread suspicion, prejudice, and hostility against Muslims, both within the party itself and in the general public.

Published 01 Oct, 2020 05:29pm

Pakistan

OGDCL carries out 3,407 L-KMs 2D, 1,324 Sq. KMs 3D surveys

The OGDCL injected 14 new wells, producing 251,642 Barrels crude oil and 6,709 Million Cubic Feet (MMCF) gas, in its production gathering system during the last fiscal year.

Published 01 Oct, 2020 05:30pm

Pakistan

Railways upgrade 620 coaches from its own resources

Regarding the availability of coaches, he said that at present around 472 coaches were out of service or non-functional, which needed heavy or light repair.

Published 01 Oct, 2020 05:25pm

Pakistan

President seeks role of MPs, media in breast cancer awareness

President Dr Alvi said breast cancer killed millions of women every year round the globe including several thousand deaths in Pakistan.

Published 01 Oct, 2020 05:24pm

Pakistan

Accountability Court orders forfeiting Nawaz's assets, properties in Toshakhana case

Assets include a Mercedes car, Land Cruisers, tractors, bungalow in Murree and 102 Kanals agriculture land in Sheikhupura

Published 01 Oct, 2020 05:11pm

Pakistan

Petroleum group imports reduced by 24.60pc

Meanwhile, Petroleum crude imports decreased by 7.52pc, worth $443,785 as compared the imports of valuing $479,850 of the corresponding period of last year.

Published 01 Oct, 2020 05:21pm

Pakistan

NDMA disburses 3,427.22 tons food packs, 103,570 tents and 16,021 blankets during monsoon

Some 175 families (1,245 individuals) were evacuated by Armed Forces and district administration from Yousaf Goth, Sarjani Town and adjoining Goths, district Karachi.

Published 01 Oct, 2020 05:19pm

Pakistan

CM inaugurates Rs30bn Punjab Rozgar Scheme

He said the scheme would not only help in boosting economic activities in the province but also will create jobs for hundreds of thousands of youth.

Published 01 Oct, 2020 05:17pm

Pakistan

SBP injects Rs30bn into market

Five quotes of Rs. 85 billion were offered, of which 2 of Rs. 30 billion were accepted.

Published 01 Oct, 2020 05:15pm

Exchange

Rupee gains 70 paisas against dollar

However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs. 165.1 and Rs. 165.8 respectively.

Published 01 Oct, 2020 05:04pm

Business & Finance

Who can apply for the Punjab Rozgar Scheme?

Men, women, transgender people, and differently-abled persons between the ages of 20 to 50 years are eligible to apply for this scheme.
This Punjab Rozgar Scheme hopes to offer easy loans worth more than Rs.30 billion and create 1.6 million jobs.

Published 01 Oct, 2020 05:06pm

Pakistan

Nawaz criticises govt, says Shehbaz Sharif is serving jail for crimes he has not committed

Former PM says PML-N had won majority of the seats in 2018 elections but the RTS system was forced to cease operation while the results were being announced

Updated 01 Oct, 2020 05:01pm

Pakistan

Efforts on to bring BRT on route by Oct 25: CM aide

He said all BRT buses were in warranty valid up till 1.2 million kilometres or 12 years in running.

Published 01 Oct, 2020 04:59pm

Business & Finance

TAQA Arabia interested in JV's with Pakistani Cos'

Kafafy also spoke of joint ventures with local companies and the possibility of establishing TAQA Arabia office in Pakistan in near future.

Updated 01 Oct, 2020 05:00pm

Pakistan

Hot, dry weather likely to persists in most parts during next 24 hours: PMD

However, light rain-thunderstorm expected in few districts of Gilgit-Baltistan, continental air was present over upper parts of the country, a MET office reported.

Published 01 Oct, 2020 04:58pm

Commodities

CBOT soybeans may retest resistance at $10.42-1/4

The resistance is identified as the 261.8pc projection level of an uptrend from $9.01.

Published 01 Oct, 2020 04:50pm

Financial

Most JGBs weaken as risk appetite improves

Benchmark 10-year JGB futures fell 0.05 point to 152.06, with a trading volume of 21,696 lots.

Published 01 Oct, 2020 04:48pm

Europe

Ukraine hits record daily high of 4,069 new coronavirus cases

The daily tally of coronavirus infections spiked in September above 3,000, prompting the government to extend lockdown measures until the end of October.

Published 01 Oct, 2020 04:47pm

Sports

Simmons wants England to return favour with Windies tour

England’s board had projected losses of up to $491 million if no cricket was played during the summer.

Published 01 Oct, 2020 04:46pm

World

Azerbaijan says Armenian shelling killed civilian in Terter, damaged train station

Dozens have been reported killed and hundreds wounded in fighting since Sunday that broke out over the ethnic Armenian enclave of Nagorno-Karabakh and has since spread well beyond.

Published 01 Oct, 2020 04:41pm

Business & Finance

H&M Q3 profit beats forecast as recovery gathers strength

Pretax profit at the Swedish retailer fell to 2.37 billion crowns ($265.6 million) from a year-earlier 5.01 billion.

Published 01 Oct, 2020 04:38pm

Europe

UK seeks to avoid national lockdown to stop unemployment in millions, minister says

Britain's Office for Budget Responsibility's central economic scenario sees unemployment averaging 3.5 million next year, and rising to 4 million in a downside scenario.

Published 01 Oct, 2020 04:35pm

Forex

South Africa's rand firms as dollar loses ground

The dollar weakened, as robust US data and fresh hopes for US fiscal stimulus had investors confident enough about economic recovery prospects to seek out riskier currencies.

Published 01 Oct, 2020 04:34pm

Stocks

Australian shares end higher on stimulus, hopes of easing curbs

The S&P/ASX 200 index added 1pc to finish at 5,872.9, snapping a three-day streak of losses.

Published 01 Oct, 2020 04:31pm

Currency

Copper hits over one-week high on softer dollar, US stimulus hopes

Three-month copper on the London Metal Exchange was up 0.3pc at $6,692 a tonne by 0652 GMT.

Published 01 Oct, 2020 04:22pm

Commodities

Gold gains on dollar slide, hopes for U.S. stimulus

Spot gold rose 0.7pc to $1,898.79 per ounce by 0707 GMT, starting October on a positive note after recording its biggest monthly drop since late November 2016 in September.

Published 01 Oct, 2020 04:19pm

Forex

Rouble continues resurgence on US stimulus hopes, but geopolitical risks remain

The rouble rebounded on Wednesday, gaining almost 2pc against the greenback as part of a correction after a sustained period of negative pressure.

Published 01 Oct, 2020 04:11pm

Commodities

NY coffee could retest resistance at $1.1185

This is the third wave of a presumed irregular flat from the Sept. 23 low of $1.0905.

Published 01 Oct, 2020 04:09pm

South Asia

Philippines confirms 2,415 novel coronavirus cases, 59 more deaths

In a bulletin, the ministry said total confirmed cases had increased to 314,079, the most in Southeast Asia, while deaths had reached 5,562.

Published 01 Oct, 2020 04:08pm

Europe

Slovakia hits record tally of new COVID-19 cases for a second day

"The situation is extremely serious and it is high time to grit our teeth and help our common cause," Matovic wrote.

Published 01 Oct, 2020 04:06pm

Forex

Kenya shilling steady, expected to ease due to importer demand

At 0803 GMT, commercial banks quoted the shilling at 108.40/60 to the dollar, unchanged from Wednesday's close.

Published 01 Oct, 2020 04:04pm

Energy

Singapore fuel oil stocks rise to six-week high, exports to Bangladesh jump

The higher inventories, which marked three straight weeks of gains, helped to widen the gap from a more than eight-month low hit in the week to Sept. 9.

Published 01 Oct, 2020 03:57pm

World

Rahul Gandhi, sister Priyanka arrested by UP police

They were on their way to Hathras, where they intended to meet the family of a gang-rape victim.

Published 01 Oct, 2020 04:03pm

Sports

Amir among six players refuse to sign full season domestic contract

These players are offered a month long contact for the ongoing National T20 Cup.

Updated 01 Oct, 2020 04:01pm

Stocks

Major Gulf markets off to a mixed start

Saudi Arabia's benchmark index rose 0.4pc, led by a 1.7pc gain in Riyad Bank and a 3.5pc jump in utility the Saudi Electricity Company.

Published 01 Oct, 2020 03:54pm

Money & Banking

ECB's De Cos sees scope for further banking consolidation in Spain and Europe

De Cos also said that the ECB would analyze in the next few months whether to extend a recommendation for banks no to pay dividends.

Published 01 Oct, 2020 03:50pm

Money & Banking

Swedish central bankers ready to use all tools if recovery hits trouble

Sweden's economy is climbing back from a deep plunge in the second quarter and the central bank has said its package of measures to fight the pandemic has worked.

Published 01 Oct, 2020 03:48pm

Forex

Dollar gives ground as hopes of US stimulus leads traders to riskier currencies

The Chinese yuan gained the most against the dollar, reach a year-and-a-half high in the offshore market as a holiday in China dried up liquidity, exaggerating the moves.

Published 01 Oct, 2020 03:46pm

Asia

Indonesia reports 4,174 new coronavirus cases, 116 deaths

It also reported 116 new deaths from the virus, taking the total number of fatalities to 10,856, the data from Indonesia's health ministry showed.

Published 01 Oct, 2020 03:43pm

World

PM Khan's UNGA speech garners more views on Youtube than Modi's

Indian PM Narendra Modi's speech has just 62,918 views while PM Khan's has +169,000 views.

Updated 01 Oct, 2020 03:45pm

Energy

Oil slips on weak demand outlook and higher OPEC supplies

Brent crude futures fell 17, or 0.4pc, to $42.13 a barrel by 0818 GMT and US West Texas Intermediate (WTI) crude futures were down 22 cents, or 0.6pc, at $40.

Published 01 Oct, 2020 03:41pm

Europe

Macron tells Putin to talk to Belarus opposition leader

It added that Putin and Macron shared the idea that the best way forward was to resort to mediation by the Organization for Security and Co-operation in Europe.

Published 01 Oct, 2020 03:38pm

Money & Banking

Bank of England survey shows furlough numbers falling, Brexit worries

However, firms said they expected a recent recovery in demand to stall over the next three months, and reported the highest level of anxiety over Brexit since December last year.

Published 01 Oct, 2020 03:37pm

Stocks

London stocks track Asia higher on US stimulus hopes; Halfords jumps

The blue-chip FTSE 100 index climbed 0.7pc with insurance and banking stocks leading gains, while the mid-cap index rose 0.4pc.

Published 01 Oct, 2020 03:33pm

Stocks

H&M, STMicro results boost European stocks at start of new quarter

H&M surged 6.2pc as it reported a third-quarter profit above analysts' expectations and said sales continued to recover in September.

Published 01 Oct, 2020 03:30pm

Europe

EU chief to announce legal action against the UK over Brexit

A second source has confirmed that President Ursula von der Leyen will announce legal action against the UK at 11am CET," RTE Europe Editor Tony Connelly said on Twitter.

Published 01 Oct, 2020 03:24pm

Europe

Poland reports record number of new daily coronavirus infections

New restrictions were announced in the worst affected areas on Tuesday, with the government saying restaurants and bars would have to close at 10 p.m.

Published 01 Oct, 2020 03:22pm

Europe

Britain has clear red lines in EU talks, says Gove

"Progress has been made in a huge number of areas, but ... there is still one or two sticking points on state aid, the level playing field and fisheries," Gove told parliament.

Published 01 Oct, 2020 03:21pm

Europe

Italy to extend COVID-19 state of emergency to end of January: PM

The state of emergency, which is originally due to expire in mid-October, gives greater powers to both regional and central government.

Published 01 Oct, 2020 03:18pm

Industry

Rolls-Royce to raise $6.5bn to cope with COVID cash crunch

Rolls shares were down 8pc to 119.6 pence at 0936 GMT, their lowest level since 2004, after it said that it would raise about 2 billion pounds through a 10 for 3 discounted rights issue.

Published 01 Oct, 2020 03:15pm

Europe

EU launches legal case against UK over Internal Market Bill

Such so-called infringements could lead to hefty fines being imposed by the EU's top court but that takes years, leaving plenty of time for the UK to change tack.

Published 01 Oct, 2020 03:13pm

Forex

Sterling extends losses as EU launches legal case against UK

The EU on Thursday launched a legal case against Britain over its new Internal Market Bill that undercuts London's earlier legal commitments under its Brexit divorce treaty.

Published 01 Oct, 2020 03:10pm

Europe

UK health minister extends COVID measures in northern England

Prime Minister Boris Johnson appealed to people on Wednesday to adhere to the rules, repeating his desire to not only protect public health but to also keep the economy going.

Published 01 Oct, 2020 03:09pm

Money & Banking

Hungary central bank keeps one-week deposit rate unchanged at 0.75pc

The bank will use its one-week deposit rate to combat inflation risks stemming from volatile global sentiment that has weighed on emerging-market assets, including the forint.

Published 01 Oct, 2020 03:00pm

Pakistan

PML-N expels five lawmakers for expressing confidence in CM Buzdar's leadership

The PML-N states that action has been taken against the MPAs for breaking the party's conduct and discipline

Updated 01 Oct, 2020 03:06pm

Business & Finance

Supervisory board setup to identify banned orgs investing in national savings schemes

The supervisory board set up by the federal government will ensure implementation of the National Savings Rules.

Published 01 Oct, 2020 03:01pm

Sports

Abdullah Shafiq – the youngster who has turned cricket followers into his admirers

After being promoted from Second XI to First XI for the last round 2019-20 Quaid-e-Azam Trophy, the 20-year-old scored a century on his first-class debut to not only earn a place in the 2020-21 First XI squad but also a “C” Category domestic contract.

Updated 01 Oct, 2020 02:41pm

Pakistan

SHC directs removal of all billboards from public properties

The petitioner stated that there are many places in Karachi where billboards are still installed in violation of the Supreme Court order

Updated 01 Oct, 2020 02:34pm

Pakistan

Buzdar takes notice of woman's gang-rape in Nankana Sahib

The woman was waiting for the bus when two men in a white car stopped and offered to drop her.

Published 01 Oct, 2020 02:33pm

Sports

Fletcher calls on Man Utd to back Solskjaer in transfer market

Red Devils have made just one signing, with Dutch midfielder Donny van de Beek arriving from Ajax.

Published 01 Oct, 2020 01:50pm

Business & Finance

Hubco's TNPTL to commence commercial operations in 2022

HUBCO is the only power producer in Pakistan with four projects listed in the CPEC, namely imported coal-based China Power Hub Generation Company (Private) Limited (CPHGC) at Hub, Thar Energy Limited (TEL) and ThalNova Power Thar (Pvt.) Ltd. and Sindh Engro Coal Mining Company (SECMC) at Thar Coal Block II.

Updated 01 Oct, 2020 01:59pm

Sports

Bairstow loses Test deal as England look to future

Wicketkeeper has played just one of the past 12 Test matches since the 2019 Ashes.

Published 01 Oct, 2020 01:37pm

Sports

Giggs backs Bale to thrive on Premier League return

Wales manager hopes regular game time for the 31-year-old winger would re-ignite his career.

Published 01 Oct, 2020 01:34pm

Technology

P@SHA elects new leadership

In the meeting, P@SHA’s annual performance and achievements were highlighted by the out-going Chairman, Shahzad Shahid.

Published 01 Oct, 2020 01:27pm

Pakistan

CM Buzdar inaugurates Punjab Rozgar Scheme

Earlier today, Usman Buzdar, Chief Minister of Punjab, inaugurated the Punjab Rozgar Scheme, amounting to nearly 30 billion rupees worth of accessible financing, especially for small businesses and young entrepreneurs.

Published 01 Oct, 2020 01:23pm

Pakistan

Karachi’s former corps commander found dead near Do Darya

The former corps commander General (retd) Muzaffar Usmani suffered a heart attack and passed away while he was driving.

Published 01 Oct, 2020 12:19pm

Business & Finance

FBR intensifies operations, raids shoe manufacturing unit in Lahore

During the search, certain record was impounded which is under scrutiny and further investigation in this regard is underway.

Published 01 Oct, 2020 12:29pm

World

Afghanistan's top peace envoy wants Pakistan to push Taliban to curtail violence

Abdullah's Pakistan visit will help in curtailing the existing distrust between the two countries.

Published 01 Oct, 2020 11:55am

Sindh starts implementing smart lockdown in Karachi as virus rears its head again

Lockdown has been imposed in two areas of Manghopir for two weeks.

Published 01 Oct, 2020 11:18am

Technology

Pakistan’s Bykea raises $13mn in Series B funding

The round, which brought the total funds raised to US$22m, saw participation from existing investors Middle East Venture Partners and Sarmayacar.

Published 01 Oct, 2020 11:01am

Pakistan

Pakistan’s defense minister offers to train Iraqi armed forces

Pervez Khattak said both countries should build capacities of their armed forces and work closely to share their experiences.

Published 01 Oct, 2020 10:42am

Currency

Dollar loses ground on hopes for compromise on U.S. stimulus

Republican President Donald Trump’s administration has proposed a coronavirus stimulus package to House Democrats worth more than $1.5 trillion, and hopes are rising that both parties will reach a compromise.

Published 01 Oct, 2020 10:28am

Commodities

Oil holds steady on hopes for U.S. stimulus agreement

*U.S. West Texas Intermediate (WTI) crude futures slipped 1 cent to $40.21 a barrel at 0146 GMT, after jumping 2.4% on Wednesday.

Brent crude futures rose 3 cents to $42.33 a barrel, after falling 0.2% overnight.

Published 01 Oct, 2020 10:26am

Business & Finance

Facebook sees uptick in Proud Boys content after presidential debate

The content included memes featuring Trump’s instructions to the group to “stand back and stand by,” said Brian Fishman, who directs Facebook’s team handling counterterrorism and dangerous organizations.

Published 01 Oct, 2020 10:24am

Stocks

Global shares extend gains on U.S. stimulus, upbeat data

S&P500 futures rose 0.6% in Asia, extending Wall Street shares’ rebound overnight after strong employment data and talk of progress on long-delayed COVID-19 relief legislation.

Published 01 Oct, 2020 10:21am

Business & Finance

FBR extends date of filing Tax Returns till 8th December

FBR further said that no further extension for the filing of Income Tax Returns/ Statements will be granted.

Published 01 Oct, 2020 10:13am

PM says Pakistan's nuclear, strategic capability is safe, secure

We shall continue to strengthen our strategic capability to safeguard our vital national interests, PM said.

Published 01 Oct, 2020 09:50am

BR Research

Power sector: Do more (and more)

The power regulator finally decided on the quarterly tariff adjustments pertaining to 2Q and 3Q FY20 – and the ...

Published 01 Oct, 2020 08:54am

Currency

Basmati exports under threat?

According to news in Indian media, on September 11, Pakistan’s forever frenemy neighbour applied for exclusive...

Published 01 Oct, 2020 08:53am

BR Research

Four more years?

Almost a month is left before Americans choose their next president. But the way it looks, the world may be better...

Published 01 Oct, 2020 08:51am

Exchange

OGDCL in FY20 - a slow year

FY20 hs been a slow year for the oil and gas exploration and production sector where crashing oil prices along with...

Published 01 Oct, 2020 08:49am

Currency

Karam Ceramics Limited

Karam Ceramics Limited (PSX: KCL) was established in 1979 as a public limited company. Initially it was named...

Published 01 Oct, 2020 08:49am

Opinion

Poorest countries face tough choice over G20 debt relief plan

The world’s poorest countries could soon be facing a tough decision - double up on debt relief from the G20 with...

Updated 01 Oct, 2020 04:26am

Letters

‘SBP’s economic outlook’

This is apropos a Business Recorder op-ed “SBP’s economic outlook” carried by the newspaper on Tuesday. The...

Updated 01 Oct, 2020 04:24am

Opinion

No Sleepy Joe: Biden handles an uncaged Trump

Donald Trump has long derided his Democratic rival as “Sleepy Joe” Biden but the US president got a rude...

Updated 01 Oct, 2020 04:20am

Pakistan

Resolution of civic problems: SHC seeks road map from govt

KARACHI: The Sindh High Court (SHC) on Wednesday sought a road map from the provincial government for resolution of...

Updated 01 Oct, 2020 03:23am

Pakistan

Pakistan best performing equity market in third quarter 2020: analysts

KARACHI: Pakistan was the best performing equity market in the world in third quarter 2020 with the KSE-100 index...

Updated 01 Oct, 2020 03:23am

Pakistan

Working of Italy-Pakistan Development Cooperation Programme highlighted

ISLAMABAD: Within the framework of the Sustainable Development Festival 2020, the Italian Agency for Development...

Updated 01 Oct, 2020 03:23am

Pakistan

Jazz facilitates Namal Institute with learning solution

KARACHI: Jazz facilitated Namal Institute during the COVID-19 pandemic and the resulting lockdown in teaching...

Updated 01 Oct, 2020 03:23am

Pakistan

Biometric failures, families of dead: Deadline of Ehsaas Cash payments extended till 30th

ISLAMABAD: Special Assistant to the Prime Minister on Social Protection and Poverty Alleviation, Dr Sania Nishtar on...

Updated 01 Oct, 2020 03:23am

Pakistan

NUST holds webinar on ‘The Regional Impact of Emerging Great-Power Dynamics’

ISLAMABAD: NUST Institute of Policy Studies (NIPS) organised a webinar on “The Regional Impact of Emerging...

Updated 01 Oct, 2020 03:23am

Hindu nationalists acquitted over Babri mosque demolition

NEW DELHI: An Indian court Wednesday acquitted top ruling party leaders of conspiracy related to the mob demolition...

Published 01 Oct, 2020 02:58am

Pakistan condemns ‘shameful’ acquittal of criminals

ISLAMABAD: Pakistan strongly condemned the “shameful” acquittal of the criminals responsible for demolishing the...

Published 01 Oct, 2020 02:58am

HBL: FED board terminates enforcement actions

KARACHI: The US Federal Reserve Board has announced the termination of enforcement actions with Habib Bank Limited...

Published 01 Oct, 2020 02:58am

SBP issues AML, CFT & CPF regulations for REs

KARACHI: The State Bank of Pakistan (SBP) has issued the Anti Money Laundering, Combating the Financing of ...

Published 01 Oct, 2020 02:58am

Used vehicles: procedure for calculating sales tax unveiled

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a procedure for calculating sales tax on the supply of used...

Published 01 Oct, 2020 02:58am

Leather articles, garments: Duty drawback rates enhanced

ISLAMABAD: The Federal Board of Revenue (FBR) has enhanced duty drawback rates on the export of leather articles and...

Published 01 Oct, 2020 02:58am

Nawaz’s exit ‘mockery of the system’: IHC

ISLAMABAD: The Islam-abad High Court (IHC) on Wednesday said the exit of former prime minister Nawaz Sharif from...

Published 01 Oct, 2020 02:58am

Available spectrum: PTA initiates major auctioning process

ISLAMABAD: Pakistan Telecommunication Authority (PTA) has initiated the process of auctioning the available spectrum...

Published 01 Oct, 2020 02:58am

Pakistan

LG polls: ECP holds govts responsible for delay in delimitation of constituencies

ISLAMABAD: Despite reiterating many times to hold local government (LG) elections across the country, the Election...

Published 01 Oct, 2020 02:58am

Pakistan

Killing of 11 Pakistani Hindus in India: IHC issues notices to federal govt

ISLAMABAD: The Islamabad High Court (IHC) on Wednesday issued notices to the federal government in a petition filed...

Published 01 Oct, 2020 02:58am

Pakistan

FM reiterates PM’s call for universally outlawing incitement to hate, violence

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has reiterated call to universally outlaw willful provocation and...

Published 01 Oct, 2020 02:58am

Pakistan

Mir Shakil’s petition: Justice Bandial recuses himself

ISLAMABAD: Justice Umar Ata Bandial of Supreme Court of Pakistan, on Wednesday recused himself from the...

Published 01 Oct, 2020 02:58am

Pakistan

PMDC MD’s appointment: Khaqan appears before NAB

ISLAMABAD: Former Prime Minister Shahid Khaqan Abbasi on Wednesday appeared before the National Accountability ...

Published 01 Oct, 2020 02:58am

Exchange

President reaffirms support to Afghan-owned peace process

ISLAMABAD: President Dr Arif Alvi Wednesday reaffirmed Pakistan’s support to the Afghan-led and Afghan-owned peace...

Published 01 Oct, 2020 02:58am

Pakistan

Ali Asghar Jamali elected chairman PAMA

KARACHI: Ali Asghar Jamali, CEO, Indus Motor Company (IMC) has been elected as chairman Pakistan Automotive...

Published 01 Oct, 2020 02:58am

Currency

Ban on digital currency: SHC orders federal govt, others to submit replies

KARACHI: The Sindh High Court (SHC) on Wednesday ordered the federal government, the State Bank of Pakistan (SBP) ...

Published 01 Oct, 2020 02:58am

Pakistan

Firdous Shamim clarifies reports of resignation

KARACHI: Opposition Leader in Sindh Assembly and Pakistan Tehreek-e-Insaf (PTI) leader Firdous Shamim Wednesday...

Published 01 Oct, 2020 02:58am

Pakistan

SOP violations in Karachi: Marriage halls, restaurants, schools to be closed

KARACHI: After an increase in coronavirus cases in Karachi, it has been decided that restaurants, wedding halls and...

Published 01 Oct, 2020 02:58am

World

France approves Rwanda genocide suspect’s transfer to UN tribunal

PARIS: France’s top appeals court ruled Wednesday that alleged Rwandan genocide financier Felicien Kabuga be...

Published 01 Oct, 2020 03:07am

World

Abdullah sees little change in US policy regardless of election result

ISLAMABAD: Afghanistan's top peace official, Abdullah Abdullah, said on Wednesday he did not expect the result of ...

Published 01 Oct, 2020 02:58am

Business & Finance

UK economy shrinks 19.8pc on coronavirus impact

LONDON: Britain’s economy shrank by almost a fifth in the second quarter, entering recession because of the...

Published 01 Oct, 2020 02:58am

Business & Finance

US private payrolls accelerate in September

WASHINGTON: US private employers stepped up hiring in September, but diminishing government financial assistance and...

Published 01 Oct, 2020 02:58am

Business & Finance

Minister says economy digitization vital factor for growth

LAHORE: Federal Minister for Planning, Development and Special Initiatives Asad Umar has said that digitization of...

Published 01 Oct, 2020 02:58am

Business & Finance

Private sector’s role in policy-making to be ensured: LCCI

LAHORE: The private sector is the engine of growth and its role in policy-making will be ensured. The chambers of...

Published 01 Oct, 2020 02:58am

Sports

PCB chief admits financial irregularities during PSL 1 & 2

ISLAMABAD: The Pakistan Cricket Board (PCB) Chairman, Ehsan Mani has admitted of financial irregularities during...

Published 01 Oct, 2020 02:58am

Uplift of undeveloped, poverty-ridden areas top priority: PM

ISLAMABAD: Prime Minister Imran Khan on Wednesday oversaw award of contracts by the Universal Service Fund (USF) for...

Published 01 Oct, 2020 02:58am

Life & Style

Australian feminist singer Helen Reddy dies in LA

SYDNEY: Australian singer Helen Reddy, best known for her feminist anthem “I Am Woman”, has died in Los Angeles...

Published 01 Oct, 2020 02:58am

Domestic gas consumers: meter rent increased

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the increase for commercial...

Published 01 Oct, 2020 02:58am

Energy sector facing severe crisis: PM

ISLAMABAD: Prime Minister Imran Khan Wednesday strongly regretted the negative impacts of the past pacts signed for...

Published 01 Oct, 2020 02:58am

Shell axes thousands of jobs

LONDON: Royal Dutch Shell will axe up to 9,000 jobs or more than 10 percent of its global workforce, the energy ...

Published 01 Oct, 2020 02:58am

Diesel rate reduced by Rs2.40

ISLAMABAD: The government has decided to reduce the prices of High Speed Diesel (HSD), however, it has maintained ...

Published 01 Oct, 2020 02:58am

WB wants $12bn for virus vaccine in poor nations

WASHINGTON: The World Bank on Tuesday said it has asked its board of directors to approve $12 billion to help poor...

Published 01 Oct, 2020 02:58am

Govt-IPPs deals to have long-run financial impact

ISLAMABAD: The government’s deals with 47 Independent Power Producers (IPPs), which are yet to be translated into...

Published 01 Oct, 2020 02:58am

Commodities

US MIDDAY: Corn, soya, wheat surge

CHICAGO: Chicago Board of Trade corn and wheat futures on Wednesday reached their highest prices since March while...

Published 01 Oct, 2020 02:58am

Exchange

Terrorist of banned outfit killed in Karachi

KARACHI: A terrorist of a banned outfit was killed in an exchange of fire with the Counter-Terrorism Department ...

Published 01 Oct, 2020 02:58am

Supplements

National Day of the People’s Republic of China: China under Xi

TEXT: 1st October 2020, the 71st Foundation Day of People’s Republic of China, like national or foundations days ...

Published 01 Oct, 2020 02:58am

World

US slap sanctions on Syrian central bank chief, businessman

WASHINGTON: The United States on Wednesday slapped sanctions on Syria’s central bank chief and 16 other people or...

Published 01 Oct, 2020 02:58am

World

Greenland ice loss worst in 12,000 years

PARIS: Ice loss from Greenland’s massive ice sheet will cause sea levels to rise more during the 21st century than...

Published 01 Oct, 2020 02:58am

World

Armenia and Azerbaijan vow to keep fighting

STEPANAKERT, (Azerbaijan): Armenia and Azerbaijan vowed to keep fighting and rejected international calls for...

Published 01 Oct, 2020 02:58am

World

US slaps sanctions on top Cuban general behind hotels

WASHINGTON: President Donald Trump’s administration on Wednesday slapped sanctions on a powerful Cuban general and...

Published 01 Oct, 2020 02:58am

World

Top Japanese chef killed himself after false sex claims

PARIS: The family of a Japanese chef who was a rising star in France said he has killed himself after he was the...

Published 01 Oct, 2020 02:58am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 01 Oct, 2020 02:58am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 01 Oct, 2020 02:58am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 01 Oct, 2020 02:58am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on...

Published 01 Oct, 2020 02:58am

Pakistan

The Weather

KARACHI: The weather report on Wednesday (September 30, 2020) and the forecast for Thursday (October 1, 2020)....

Published 01 Oct, 2020 02:58am

Pakistan

PAA elects office-bearers

KARACHI: In the annual Elections 2020-2021 of Pakistan Advertising Association (PAA) Jawwad Humayun has been elected...

Published 01 Oct, 2020 02:58am

Pakistan

Planning committee approves PPA (Amend) Bill

ISLAMABAD: A meeting of the Planning, Development and Special Initiative Committee has approved “The ...

Published 01 Oct, 2020 02:58am

Pakistan

Neelum-Jhelum surcharge: Rs8bn collected from consumers, Senate body told

ISLAMABAD: A total of Rs8 billion has been collected in the name of Neelum-Jhelum Surcharge from the consumers...

Published 01 Oct, 2020 02:58am

Pakistan

SDG in Pakistan: ‘Budgetary indicators demonstrate a glaring lack of consideration’

ISLAMABAD: Budgetary indicators demonstrate a glaring lack of consideration when it comes to Sustainable Development...

Published 01 Oct, 2020 02:58am

Pakistan

SDG Programme: NA body for release of funds to all Sindh MNAs

ISLAMABAD: The National Assembly’s Standing Committee on Housing and Works recommended to the federal government ...

Published 01 Oct, 2020 02:58am

Pakistan

Afghanistan: New visa policy to facilitate traders, investors: NA speaker

ISLAMABAD: Speaker National Assembly Asad Qaiser said that new visa policy for Afghanistan would facilitate traders,...

Published 01 Oct, 2020 02:58am

Pakistan

PM visits Suparco’s Satellite Ground Station

ISLAMABAD: Prime Minister of Pakistan Imran Khan visited Satellite Ground Station, SUPARCO Islamabad on Wednesday. ...

Published 01 Oct, 2020 02:58am

Pakistan

NA body recommends setting up of Gwadar shipyard

ISLAMABAD: The National Assembly Standing Committee on Defence Production met here on Wednesday under the...

Published 01 Oct, 2020 02:58am

Pakistan

Parliament turned into ‘puppet and rubber stamp’: Nawaz

LAHORE: Former prime minister and PML-N supremo Nawaz Sharif Wednesday said the courts are under pressure to get...

Published 01 Oct, 2020 02:58am

Pakistan

MoU signed: Sindh TEVTA, PAPGAI join hands to produce skilled workforce

KARACHI: Sindh Technical Education and Vocational Training Authority (TEVTA) and Pakistan Association of Printing...

Published 01 Oct, 2020 02:58am

Pakistan

Webinar held on World Rabies Day

HYDERABAD: VC Isra University Presided the Webinar on World Rabies Day on the topic of ending rabies deaths in...

Published 01 Oct, 2020 02:58am

Pakistan

FACE collaborates with Punjab forest dept

KARACHI: Food Security & Agriculture Centre of Excellence (FACE), in line with its vision of exploring new...

Published 01 Oct, 2020 02:58am

Pakistan

Doctor urges people to volunteer for Covid-19 vaccine trial

ISLAMABAD: The physician heading a Phase III clinical trial for a Chinese Covid-19 vaccine candidate has urged ...

Published 01 Oct, 2020 02:58am

Cotton

Minister tells NA body: PM directs agencies to combat menace of drugs

ISLAMABAD: Prime Minister Imran Khan has directed all the security agencies to take concrete steps to combat the...

Published 01 Oct, 2020 02:58am

Pakistan

SC upholds IHC verdict to remand Ritchie case to justice of peace

ISLAMABAD: The Supreme Court on Wednesday upheld the Islamabad High Court (IHC) decision to remand US blogger ...

Published 01 Oct, 2020 02:58am

Pakistan

APCAA elects office-bearers

KARACHI: All Pakistan Customs Agents Association (APCAA) has announced the results of its elections for the term of...

Published 01 Oct, 2020 02:58am

Pakistan

Educational institutions: Punjab CM vows to implement corona SOPs

LAHORE: As many as 86 fresh cases of coronavirus have been reported across the province of Punjab during the last 24...

Published 01 Oct, 2020 02:58am

Pakistan

SSGC’s team meets officials of Balochistan

KARACHI: Over last few years, Unaccounted-for-Gas commonly called as UFG (Line losses) has been major concern for...

Published 01 Oct, 2020 02:58am

Stocks

Shell weighs on FTSE 100 as virus fears push index to quarterly loss

LONDON: A bleak production forecast from Shell and losses in consumer stocks weighed on London’s FTSE 100 on...

Published 01 Oct, 2020 02:58am

Stocks

Wall Street ends three-day rally

NEW YORK: Wall Street closed lower on Tuesday, snapping a three-day winning streak as investors took money off the...

Published 01 Oct, 2020 02:58am

Stocks

Wednesday’s early afternoon trade: Main indexes jump

NEW YORK: Wall Street’s main indexes jumped on Wednesday, with the S&P 500 on course for its best two-quarter...

Published 01 Oct, 2020 02:58am

Stocks

China shares lower

BEIJING/SHANGHAI: China shares closed lower on Wednesday as losses in real estate and materials stocks outweighed...

Published 01 Oct, 2020 02:58am

Stocks

European stocks flat

MILAN/FRANKFURT: European shares closed nearly flat on Wednesday after their US peers rose on hopes of fresh...

Published 01 Oct, 2020 02:58am

Stocks

Dubai leads gains in Gulf

DUBAI: Most stock markets in the Gulf ended higher on Wednesday, with Dubai leading the gains on back of Emirates ...

Published 01 Oct, 2020 02:58am

Pakistan

Pentagon chief signs 10-year deal with Tunisia

CARTHAGE, (Tunisia): US Defense Secretary Mark Esper signed a 10-year military cooperation deal with Tunis Wednesday...

Published 01 Oct, 2020 02:58am

Pakistan

Bail of Safdar, others extended till 6th

LAHORE: An anti-terrorism court on Wednesday extended bail of Capt (r) Safdar, son in law of former prime minister...

Published 01 Oct, 2020 02:58am

Pakistan

Bird strike: CAA reviewing modern electronic system

KARACHI: Pakistan Civil Aviation Authority (PCAA) is reviewing to install a modern electronic system to avert...

Published 01 Oct, 2020 02:58am

Opinion

PARTLY FACETIOUS: Khan a good cricketer

“Our CM is running true to character.” “Which Chief Minister are you talking about? The Buzz is on a ...

Published 01 Oct, 2020 02:58am

Opinion

Ending monopolies

Karachi is suffering under double load-shedding-Electricity and Gas. Both companies are blaming each other. Karachi,...

Published 01 Oct, 2020 02:58am

Currency

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...

Published 01 Oct, 2020 02:58am

Exchange

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...

Published 01 Oct, 2020 02:58am

Forex

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday...

Published 01 Oct, 2020 02:58am

Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...

Published 01 Oct, 2020 02:58am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (September 30,...

Published 01 Oct, 2020 02:58am

Currency

Bill buying rates per unit of currency

KARACHI: Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank ...

Published 01 Oct, 2020 02:58am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday...

Published 01 Oct, 2020 02:58am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 01 Oct, 2020 02:58am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (September 30, 2020)....

Published 01 Oct, 2020 02:58am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (September 30, 2020). ==========================...

Published 01 Oct, 2020 02:58am

Rates.EFU

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Wednesday (September 30, 2020). ======================== Offer Price...

Published 01 Oct, 2020 02:58am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Wednesday (September 30, 2020). ======================== Offer Price...

Published 01 Oct, 2020 02:58am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Wednesday (September 30, 2020). ======================== Offer Price...

Published 01 Oct, 2020 02:58am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (September 30, 2020). ======================== Offer Price...

Published 01 Oct, 2020 02:58am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (September 30, 2020). ======================== Offer Price...

Published 01 Oct, 2020 02:58am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Wednesday (September 30, 2020). ======================== Offer Price...

Published 01 Oct, 2020 02:58am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Wednesday (September 30, 2020). ======================== Offer Price...

Published 01 Oct, 2020 02:58am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (September 30, 2020). ======================== Offer ...

Published 01 Oct, 2020 02:58am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Wednesday (September 30, 2020). ======================== Offer ...

Published 01 Oct, 2020 02:58am

Exchange

Clearing Schedule for T+2 System

KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System....

Published 01 Oct, 2020 02:58am

Exchange

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 01 Oct, 2020 02:58am

Exchange

Dividend/Bonus Announcements

KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange....

Published 01 Oct, 2020 02:58am

Exchange

Board meetings in progress

KARACHI: Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange....

Published 01 Oct, 2020 02:58am

Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 01 Oct, 2020 02:58am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (September 30, 2020). ====================================...

Published 01 Oct, 2020 02:58am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Wednesday (September 30, 2020)...

Published 01 Oct, 2020 02:58am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Wednesday (September 30, 2020)....

Published 01 Oct, 2020 02:58am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 01 Oct, 2020 02:58am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Wednesday (September 30, 2020)....

Published 01 Oct, 2020 02:58am

Currency

THE RUPEE: Fall reverses

KARACHI: On Wednesday, upon market closing, Pakistan Rupee went up against USD in both interbank and open markets....

Published 01 Oct, 2020 02:58am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (September 30, 2020)....

Published 01 Oct, 2020 02:58am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (September 30, 2020). ======================== Bid ...

Published 01 Oct, 2020 02:58am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 30, 2020)....

Published 01 Oct, 2020 02:58am

Kerb

Pakistan Economic Indicators

KARACHI: Pakistan Economic Indicators - Wednesday (September 30, 2020)....

Published 01 Oct, 2020 02:58am

Commodities

Pakistan Mercantile Exchange - PMEX

ISLAMABAD: Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary...

Published 01 Oct, 2020 02:58am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (September 30, 2020). =======================================...

Published 01 Oct, 2020 02:58am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (September 30, 2020)...

Published 01 Oct, 2020 02:58am

Exchange

LME official prices

LONDON: The following were Tuesday official prices....

Published 01 Oct, 2020 02:58am

Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (September 30, 2020)....

Published 01 Oct, 2020 02:58am

Life & Style

AAJ PROGRAM SCHEDULE

Thursday, October 01, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE...

Published 01 Oct, 2020 02:58am

Commodities

US MIDDAY: Gold falls

NEW YORK: Gold edged down on Wednesday, as a chaotic first US presidential debate drove investors to the safety of...

Published 01 Oct, 2020 02:58am

Commodities

Gold steadies in Europe

LONDON: Gold steadied on Wednesday, as a chaotic first US presidential debate drove investors to the safety of the...

Published 01 Oct, 2020 02:58am

Commodities

Copper rebounds

LONDON: Copper prices rebounded on Wednesday on strong economic data from top metals consumer China and the United...

Published 01 Oct, 2020 02:58am

Cotton & Textile

Cotton futures up

NEW YORK: ICE cotton futures rose on Wednesday on the back of technical buying and gains in global shares market,...

Published 01 Oct, 2020 02:58am

Cotton & Textile

New York cotton

NEW YORK: The following were the fluctuations observed during the day:...

Published 01 Oct, 2020 02:58am

Commodities

Malaysian palm oil falls

JAKARTA: Malaysian palm oil fell on Wednesday, sliding for a second day, and was set to end September with a small...

Published 01 Oct, 2020 02:58am

Commodities

Japan rubber futures down

TOKYO: Japanese rubber futures fell more than one percent on Wednesday, sliding for a second day, as rising...

Published 01 Oct, 2020 02:58am

Energy

Brent pares losses, US crude up on stimulus hopes

NEW YORK: Global benchmark Brent crude pared losses Wednesday and the US crude price rose on hopes that a US ...

Published 01 Oct, 2020 02:58am

Commodities

Gold prices down

KARACHI: Gold on Wednesday reduced by Rs300 to Rs111800 per tola on the local market, traders said. The yellow ...

Published 01 Oct, 2020 02:58am

Cotton & Textile

Trade activity remains bullish on cotton market

KARACHI: The local cotton market remained bullish on Wednesday after the release of the report which claims that...

Published 01 Oct, 2020 02:58am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 30, 2020)....

Published 01 Oct, 2020 02:58am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 142,303 tonnes of cargo comprising 99,558 tonnes of import cargo and 42,745 tonnes...

Published 01 Oct, 2020 02:58am

Energy

US natural gas futures fall on lower demand

NEW YORK: US natural gas futures for the most active month fell over 6% on Tuesday on forecasts for less demand over...

Published 01 Oct, 2020 02:58am

Commodities

PMEX daily trading report

KARACHI: On Tuesday, PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 6.961 billion...

Published 01 Oct, 2020 02:58am

Currency	Rate
USD PKR Interbank Selling / Jun 30	278.36
USD PKR Interbank Buying / Jun 30	278.16
USD to Japanese Yen / Jul 2	162.43
USD to Swiss Franc / Jul 2	0.81
Pound Sterling to USD / Jul 2	1.33
Euro to USD / Jul 2	1.14
SOFR % / Jul 1	3.62

Stock	Volume
S&P 500 / Jul 1	7,483.23
Nasdaq / Jul 1	26,040.03
Dow Jones / Jul 1	52,305.24
India Sensex / Jul 2	77,230.95
Tokyo Nikkei / Jul 2	69,591.75
Hang Seng / Jul 2	23,031.90
FTSE 100 / Jul 2	10,492.42
Germany DAX 30 / Jul 2	25,048.62
France CAC40 / Jul 2	8,371.51

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 1	17,780
Gold 10 Grams PKR / Jul 1	359,770
Petrol/Litre / Jul 2	299.50
Crude Oil USD/Barrel / Jul 2	67.89
Gold Spot USD/Ounce / Jul 2	4,061.83
Diesel/Litre / Jul 2	311.47
Cotton US¢/pound / Jul 2	77.48

Stock	Price
Paramount Mod / Jul 2 First Paramount Modaraba(FPRM)	15.48 ▲ 1.41 (10.02%)
First Fid. Leasing / Jul 2 First Fidelity Leasing Modaraba(FFLM)	26.70 ▲ 2.43 (10.01%)
Rupali polyester / Jul 2 Rupali Polyester Limited(RUPL)	31.54 ▲ 2.87 (10.01%)
S.G.Power / Jul 2 S.G. Power Limited(SGPL)	96.97 ▲ 8.82 (10.01%)
AN Textile Mills / Jul 2 AN Textile Mills Limited(ANTM)	41.21 ▲ 3.75 (10.01%)
Asim Textile / Jul 2 Asim Textile Mills Limited(ASTM)	28.27 ▲ 2.57 (10%)
Chashma / Jul 2 Chashma Sugar Mills Limited(CHAS)	146.45 ▲ 13.31 (10%)
Fateh Ind. / Jul 2 Fateh Industries Limited(FIL)	266.46 ▲ 24.22 (10%)
Frontier Ceramics / Jul 2 Frontier Ceramics Limited(FRCL)	95.17 ▲ 8.65 (10%)
Fateh Sports / Jul 2 Fateh Sports Wear Limited(FSWL)	162.94 ▲ 14.81 (10%)

Stock	Price
Husein Industries / Jul 2 Husein Industries Limited(HUSI)	56.19 ▼ -5.65 (-9.14%)
D.M. Corporation / Jul 2 D.M. Corporation Limited(DMC)	192.60 ▼ -15.84 (-7.6%)
J.A.Textile / Jul 2 J.A. Textile Mills Limited(JATM)	41.30 ▼ -3.32 (-7.44%)
Aisha Steel(ConPS) / Jul 2 Aisha Steel(ConPS)(ASLPS)	20 ▼ -1.53 (-7.11%)
Aisha Steel (CPS) / Jul 2 Aisha Steel Mills Limited (CPS)(ASLCPS)	67 ▼ -4.93 (-6.85%)
JS Investments / Jul 2 JS Investments Limited(JSIL)	42.83 ▼ -2.85 (-6.24%)
Ahmad Hassan / Jul 2 Ahmad Hassan Textile Mills Limited(AHTM)	88.06 ▼ -5.43 (-5.81%)
Bawany Air Products / Jul 2 Bawany Air Products Limited(BAPL)	35.30 ▼ -1.81 (-4.88%)
Next Capital / Jul 2 Next Capital Limited(NEXT)	13.01 ▼ -0.66 (-4.83%)
Blue-Ex Ltd / Jul 2 Blue-Ex Limited(BLUEX)	8.74 ▼ -0.42 (-4.59%)

Stock	Volume
TPL Properties / Jul 2 TPL Properties Limited(TPLP)	63,111,587 ▲ 0.83
B.O.Punjab / Jul 2 The Bank of Punjab(BOP)	37,819,058 ▲ 0.97
Blue-Ex Ltd / Jul 2 Blue-Ex Limited(BLUEX)	32,745,573 ▼ -0.42
Cnergyico PK / Jul 2 Cnergyico PK Limited(CNERGY)	27,537,465 ▲ 0.24
TPL REIT Fund I / Jul 2 TPL REIT Fund I(TPLRF1)	23,815,524 ▲ 0.21
Beco Steel Ltd / Jul 2 Beco Steel Limited(BECO)	18,094,547 ▲ 0.34
TPL Corp Ltd / Jul 2 TPL Corp Limited(TPL)	14,410,678 ▲ 0.55
Maple Leaf Cement / Jul 2 Maple Leaf Cement Factory Limited(MLCF)	13,560,800 ▲ 1.72
Dewan Cement / Jul 2 Dewan Cement Limited(DCL)	11,333,065 ▲ 0.38
WorldCall Telecom / Jul 2 Worldcall Telecom Limited(WTL)	10,961,751 ▼ -0.02