News Archives for Latest - 2024-06-19

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Archive - 2024-06-19

Sports

De Kock leads South Africa to 18-run win over USA at T20 World Cup

NORTH SOUND: Quinton de Kock hit a blistering half-century as South Africa defeated a battling United States by 18...

Updated 19 Jun, 2024 11:28pm

World

UK PM Sunak’s Conservatives set for heavy election defeat, polls forecast

LONDON: Three opinion polls on Wednesday predicted crushing defeats for British Prime Minister Rishi Sunak’s...

Published 19 Jun, 2024 11:03pm

Pakistan

2 children killed after laptop catches fire at Faisalabad home

Seven people also injured in incident

Updated 19 Jun, 2024 10:34pm

Pakistan

Ahsan Iqbal slams ‘smear campaign’ against Pakistan-China ties

Federal Minister for Planning and Development Ahsan Iqbal on Wednesday slammed what he called a smear campaign...

Updated 19 Jun, 2024 10:30pm

Arts

Model Naomi Campbell gets her own exhibition at London’s V&A museum

LONDON: Naomi Campbell brings her stylish looks and runway walk to London’s V&A this week in a new exhibition...

Published 19 Jun, 2024 10:28pm

Middle East

Israel may have violated laws of war in Gaza, UN rights office says

Israeli military carrying out extermination of Palestinians, head of a UN inquiry says

Updated 19 Jun, 2024 10:16pm

Middle East

Ship ‘believed to have sunk’ after Red Sea attack: security agency

DUBAI: A merchant ship is thought to have sunk in the Red Sea after a deadly attack by Yemeni Houthis that forced it...

Updated 19 Jun, 2024 10:08pm

Pakistan

4.7 magnitude earthquake hits Islamabad, Rawalpindi

Quake also felt in KPK cities

Updated 19 Jun, 2024 10:07pm

Business & Economy

Fitch Ratings says Pakistan’s ‘ambitious’ budget strengthens IMF deal prospects

Believes tight policy settings may depress growth more than the government expects, reduces growth forecast to 3% for FY25

Updated 19 Jun, 2024 10:06pm

World

At least 600 pilgrims reported dead amid intense heat during Hajj this year

Deceased include as many as 323 Egyptians

Updated 19 Jun, 2024 10:04pm

Middle East

Head of Lebanon’s Hezbollah threatens Israel, Cyprus in televised address

The head of Lebanon’s Hezbollah Sayyed Hassan Nasrallah warned on Wednesday that his group would fight with “no...

Published 19 Jun, 2024 09:13pm

Middle East

Gaza health ministry says death toll at 37,396 since October 7

GAZA STRIP: The health ministry in Gaza said on Wednesday that at least 37,396 people have been killed in the...

Updated 19 Jun, 2024 07:32pm

Stocks

Major Gulf markets gain in quiet trade

Stock markets in the UAE closed higher on Wednesday in holiday-thinned trade after the UAE central bank projected...

Published 19 Jun, 2024 07:26pm

Energy

Oil hits seven-week high on demand hopes, war jitters

LONDON: Oil prices hit seven-week highs on Wednesday as summer demand optimism and concerns over escalating...

Updated 19 Jun, 2024 07:22pm

Sports

Suryakumar Yadav ‘happy’ to be in Barbados for Afghan test

BRIDGETOWN: India batsman Suryakumar Yadav has welcomed the switch from New York to the traditional pitches of...

Published 19 Jun, 2024 06:44pm

Middle East

Israeli tanks push deeper into Rafah, forcing people to flee again

CAIRO: Israeli tanks backed by warplanes and drones advanced deeper into the western part of the Gaza Strip city of...

Published 19 Jun, 2024 05:50pm

Europe

N Korea, Russia sign mutual defence deal as Kim pledges support on Ukraine

SEOUL: Russian President Vladimir Putin signed Wednesday a mutual defence agreement with North Korea’s Kim Jong Un,...

Published 19 Jun, 2024 05:25pm

Stocks

Eurozone stocks hit after EU rebukes France

LONDON: Eurozone stock markets slid Wednesday after the European Commission reprimanded France for breaching the...

Updated 19 Jun, 2024 05:19pm

Stocks

Indian shares end flat as private banks offset drop in state-owned firms

BENGALURU: Indian shares ended little changed in a volatile session on Wednesday as a rise in high-weightage private...

Published 19 Jun, 2024 05:04pm

Stocks

Sri Lanka shares end lower as consumer staples drag

CSE All-Share index settled 0.28% lower at 12,225.95

Published 19 Jun, 2024 05:02pm

Commodities

Copper bounces despite inventories jump

LONDON: Copper prices bounced on Wednesday as focus switched to shortages while fund buying added momentum, but...

Published 19 Jun, 2024 04:59pm

Commodities

Palm tracks rival vegetable oils higher, stronger ringgit limited gains

JAKARTA: Malaysian palm oil futures rose on Wednesday, tracking rival vegetable oils on the Dalian Commodity...

Published 19 Jun, 2024 04:57pm

Middle East

Jordan, Tunisia report additional Hajj heat deaths

RIYADH: The death toll from extreme heat during the Hajj pilgrimage rose Tuesday, with Jordan and Tunisia reporting...

Published 19 Jun, 2024 03:25pm

Movies & Music

Netflix set to open two entertainment, dining and shopping complexes in 2025

Netflix has announced the first two cities for its new in-person experience venues, slated to open in 2025, reported...

Published 19 Jun, 2024 03:22pm

Forex

Sterling edges up after UK inflation data

Sterling rose slightly versus the euro and the dollar after data showed British inflation returned to the Bank of...

Published 19 Jun, 2024 02:06pm

South Asia

Landslides kill nine as Bangladesh lashed by rain

COX’S BAZAR: Torrential rains in Bangladesh have triggered landslides burying alive at least nine people and forcing...

Published 19 Jun, 2024 01:45pm

Europe

Europe must host Gaza children impacted by war, Greek foreign minister says

ATHENS: Europe has a duty to host children hurt and traumatised by war in Gaza for as long as the conflict...

Published 19 Jun, 2024 01:42pm

Stocks

London stocks wobble after drop in services inflation

London stocks fell on Wednesday as investors juggled Britain’s headline inflation hitting the Bank of England’s...

Published 19 Jun, 2024 01:38pm

Luxury

Pharrell Williams kicks off Paris Fashion Week with Louis Vuitton show at UNESCO

PARIS: Louis Vuitton men’s creative director Pharrell Williams took to an outdoor, turf-lined runway at UNESCO...

Published 19 Jun, 2024 01:38pm

Forex

South African rand firms to 11-month high, local inflation in focus

JOHANNESBURG: South Africa’s rand strengthened to a nearly 11-month high early on Wednesday, ahead of local...

Published 19 Jun, 2024 01:37pm

Mutual Funds

Euro zone bond yields ease, German-French spread steady

LONDON: Euro zone government bond yields fell slightly on Wednesday, while the risk premium that investors demand to...

Published 19 Jun, 2024 01:35pm

South Asia

Indian heatwaves, floods kill 11, with four buried alive

GUWAHATI: India was battling on Wednesday extreme weather that caused severe heatwaves, landslides and floods,...

Updated 19 Jun, 2024 01:29pm

Middle East

Israeli strike on Syria kills army officer: state media

DAMASCUS: A Syrian army officer was killed Wednesday in an Israeli air strike in the country’s south, the official...

Published 19 Jun, 2024 01:21pm

Sports

Cristiano Ronaldo’s Portugal scrape Euro 2024 opening win, Turkiye beat Georgia

LEIPZIG: Cristiano Ronaldo’s Portugal beat the Czech Republic 2-1 to claim a Euro 2024 debut victory on Tuesday but...

Published 19 Jun, 2024 01:17pm

Sports

Lionel Messi takes center stage again for Copa America

ATLANTA: World champions Argentina get an expanded Copa America under way on Thursday with Lionel Messi looking to...

Published 19 Jun, 2024 01:11pm

Business & Finance

UK inflation slows to central bank’s 2% target

LONDON: British inflation slowed in May to the central bank’s two-percent target, official data showed Wednesday,...

Published 19 Jun, 2024 01:08pm

Sports

Bangladesh pacer Tanzim Hasan fined for ‘contact’ with Nepal captain

DHAKA: Bangladesh’s Tanzim Hasan Saqib has been fined 15 percent of his match fee after confronting Nepal captain...

Published 19 Jun, 2024 01:04pm

Stocks

Hong Kong stocks open with gains

HONG KONG: Hong Kong stocks opened on the front foot Wednesday as investors tracked another record close on Wall...

Published 19 Jun, 2024 01:02pm

Sports

Fabian Ruiz ready to play starring role again for Spain against Italy

GELSENKIRCHEN: Spain are hoping the “exceptional” Fabian Ruiz can again be the difference-maker when they look to...

Published 19 Jun, 2024 12:57pm

Sports

Kane Williamson steps down as New Zealand captain after T20 World Cup debacle

Kane Williamson has stepped down as captain of New Zealand’s white-ball teams and opted out of a national contract...

Published 19 Jun, 2024 12:31pm

Sports

Katie Ledecky fired up for Olympic relay team with teenager Gemmell

INDIANAPOLIS: Katie Ledecky said she is thrilled to lead a US relay team at the Paris Games that includes...

Published 19 Jun, 2024 12:10pm

Sports

Tiger Woods gets special exemption into PGA Tour Signature Events

Tiger Woods will be given a special exemption into PGA Tour Signature Events starting next year, the US-based...

Published 19 Jun, 2024 12:06pm

Bullion Rate

Gold ticks up as Fed rate cut bets burnish appeal

Gold prices edged higher on Wednesday after softer US retail sales data boosted expectations that the Federal...

Published 19 Jun, 2024 12:03pm

Mutual Funds

JGB yields rise as hawkish BOJ rhetoric trumps slide in US yields

TOKYO: Long-dated Japanese government bond yields rose on Wednesday and futures declined, resisting pressure from a...

Published 19 Jun, 2024 12:00pm

Europe

Fire at drone-hit Russian oil depot rages for second day, emergency services say

MOSCOW: A blaze at an oil depot in the town of Azov in Russia’s southern region of Rostov has been raging for more...

Published 19 Jun, 2024 11:36am

Europe

Russia nuclear-powered submarines launch missiles in Barents Sea drills

Nuclear-powered submarines of Russia’s Northern Fleet launched cruise missiles at sea targets as part of exercises...

Published 19 Jun, 2024 11:30am

Forex

China’s yuan steady at 7-month low amid regulators’ supportive stance

HONG KONG: China’s yuan was little changed near seven-month lows against the US dollar on Wednesday, as a vow by the...

Published 19 Jun, 2024 11:21am

Stocks

China stocks edge down as market reform in focus; HK jumps

HONG KONG: China stocks inched lower on Wednesday, with the tech-focused STAR50 index leading losses, after the...

Published 19 Jun, 2024 11:16am

Asia

China and Malaysia renew 5-year economic pact, to review visa-free travel

KUALA LUMPUR: China and Malaysia renewed a five-year economic and trade cooperation pact on Wednesday and pledged to...

Published 19 Jun, 2024 11:14am

Commodities

Copper supported by supply shortages, but demand caps gains

BEIJING: Copper prices steadied on Wednesday, with supports from ore supply shortages and a soft US dollar, while...

Published 19 Jun, 2024 11:08am

Asia

Vladimir Putin gets lavish welcome in North Korea with vows of support

SEOUL: Cheering crowds and lavish ceremonies greeted Russian President Vladimir Putin in Pyongyang on Wednesday,...

Published 19 Jun, 2024 11:05am

Commodities

Philippines plans to import over 360,000 metric tonnes of rice, farm ministry says

MANILA: The Philippines plans to import 363,697 metric tonnes of rice this year to augment its buffer stock, the...

Published 19 Jun, 2024 10:55am

Commodities

Palm tracks rival vegetable oils higher

JAKARTA: Malaysian palm oil futures rose on Wednesday, tracking rival vegetable oils on the Dalian Commodity...

Published 19 Jun, 2024 10:52am

Stocks

Australian shares struggle for direction as central bank flags inflation woes

Australian shares traded nearly flat on Wednesday after gains in mining and gold stocks helped pare earlier losses,...

Published 19 Jun, 2024 10:35am

Mutual Funds

Indian bond yields seen flat as traders seek directional cues

MUMBAI: Indian government bond yields are expected to be largely unchanged in early trading on Wednesday, as market...

Published 19 Jun, 2024 10:34am

Forex

Indian rupee touches fortnightly high aided by debt, equity inflows

MUMBAI: The Indian rupee climbed to its highest level in two weeks on Wednesday, boosted by portfolio inflows, while...

Published 19 Jun, 2024 10:32am

Stocks

Indian shares rise to record highs at open

BENGALURU: Indian shares tracked global equities higher on Wednesday, with the benchmark indexes hitting record...

Published 19 Jun, 2024 10:31am

Stocks

Asian stocks rise on tech rally, Fed rate cut wagers

SINGAPORE: Asian shares rose to their highest in three weeks on Wednesday, buoyed by a rally in tech stocks, while...

Published 19 Jun, 2024 10:28am

Stocks

Japan’s Nikkei edges up as tech shares get Nvidia bump

TOKYO: Japan’s Nikkei share average rose during the morning session on Wednesday, with technology shares rallying as...

Published 19 Jun, 2024 10:25am

Forex

Dollar steadies; sterling dips ahead of inflation test

SINGAPORE: The dollar was nursing losses on Wednesday after soft US retail sales data reinforced bets of imminent...

Published 19 Jun, 2024 10:05am

BR’s refresher: your morning briefing for the day

Important updates from June 18, 2024

Published 19 Jun, 2024 08:50am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 7	277.91
USD PKR Interbank Buying / Aug 7	277.71
USD to Japanese Yen / Aug 7	157.76
USD to Swiss Franc / Aug 7	0.81
Pound Sterling to USD / Aug 7	1.35
Euro to USD / Aug 7	1.16
SOFR % / Aug 7	3.65

Stock	Volume
S&P 500 / Aug 7	7,757.64
India Sensex / Aug 7	78,499.17
Tokyo Nikkei / Aug 7	65,606.71
Nasdaq / Aug 7	26,690.62
Hang Seng / Aug 7	25,668.03
FTSE 100 / Aug 7	10,901.09
Dow Jones / Aug 7	54,036.93
Germany DAX 30 / Aug 7	26,319.45
France CAC40 / Aug 7	8,714.93

Item	Value
Crude Oil USD/Barrel / Aug 7	78.18
Karachi Cotton PKR/37.32 KG / Aug 7	18,580
Gold 10 Grams PKR / Aug 7	389,519
Gold Spot USD/Ounce / Aug 7	4,341.56
Cotton US¢/pound / Aug 7	84.40
Petrol/Litre / Aug 8	329.82
Diesel/Litre / Aug 8	382.36

Gainers
Losers
Leaders

Stock	Price
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	13.84 ▲ 1.26 (10.02%)
Secure Logistics-Trax Group / Aug 7 Secure Logistics-Trax Group Limited(SLGL)	17.68 ▲ 1.61 (10.02%)
First Tri-Star Mod. / Aug 7 First Tri-Star Modaraba(FTSM)	46.39 ▲ 4.22 (10.01%)
Asim Textile / Aug 7 Asim Textile Mills Limited(ASTM)	61.81 ▲ 5.62 (10%)
Buxly Paints / Aug 7 Buxly Paints Limited(BUXL)	229.52 ▲ 20.87 (10%)
Frieslandcampina / Aug 7 Frieslandcampina Engro Pakistan Limited(FCEPL)	121.30 ▲ 11.03 (10%)
Faisal Sp. / Aug 7 Faisal Spinning Mills Limited(FASM)	358.06 ▲ 32.55 (10%)
Aisha Steel (CPS) / Aug 7 Aisha Steel Mills Limited (CPS)(ASLCPS)	78.43 ▲ 7.13 (10%)
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	6.80 ▲ 0.59 (9.5%)
Imperial Limited / Aug 7 Imperial Limited(IML)	23.48 ▲ 1.98 (9.21%)

Stock	Price
Fateh Sports / Aug 7 Fateh Sports Wear Limited(FSWL)	159.49 ▼ -16.5 (-9.38%)
Trust Mod. / Aug 7 Trust Modaraba(TRSM)	18.57 ▼ -1.68 (-8.3%)
Asia Ins. / Aug 7 Asia Insurance Company Limited(ASIC)	42.43 ▼ -3.56 (-7.74%)
Shams Textile / Aug 7 Shams Textile Mills Limited(STML)	52.52 ▼ -4.29 (-7.55%)
Dar-es-Salaam / Aug 7 Dar-es-Salaam Textile Mills Limited(DSML)	22.17 ▼ -1.69 (-7.08%)
J.A.Textile / Aug 7 J.A. Textile Mills Limited(JATM)	52.77 ▼ -3.97 (-7%)
Tri-Star Power / Aug 7 Tri-Star Power Limited(TSPL)	17.35 ▼ -1.25 (-6.72%)
Gadoon Textile / Aug 7 Gadoon Textile Mills Limited(GADT)	341.05 ▼ -21.04 (-5.81%)
AKD Hospitality / Aug 7 AKD Hospitality Limited(AKDHL)	150.79 ▼ -9.21 (-5.76%)
Dadabhoy Cement / Aug 7 Dadabhoy Cement Industries Limited(DBCI)	14.47 ▼ -0.88 (-5.73%)

Stock	Volume
Cnergyico PK / Aug 7 Cnergyico PK Limited(CNERGY)	161,177,862 ▲ 0.69
B.O.Punjab / Aug 7 The Bank of Punjab(BOP)	52,334,090 ▲ 0.46
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	24,216,535 ▲ 0.59
Pace (Pak) Ltd. / Aug 7 Pace (Pakistan) Limited(PACE)	20,061,794 ▲ 0.32
Nishat Chun.Pow. / Aug 7 Nishat Chunian Power Limited(NCPL)	18,254,792 ▲ 0.7
Nishat Power / Aug 7 Nishat Power Limited(NPL)	15,207,765 ▼ -0.2
Unity Foods Ltd / Aug 7 Unity Foods Limited(UNITY)	15,156,912 ▼ -0.39
Hascol Petrol / Aug 7 Hascol Petroleum Limited(HASCOL)	13,781,842 ▲ 0.35
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	12,582,914 ▲ 1.26
Maple Leaf Cement / Aug 7 Maple Leaf Cement Factory Limited(MLCF)	12,492,335 ▼ -1.02

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