ANL 33.90 Decreased By ▼ -0.35 (-1.02%)
ASC 13.40 Increased By ▲ 0.05 (0.37%)
ASL 23.15 Increased By ▲ 0.55 (2.43%)
AVN 84.10 Increased By ▲ 0.40 (0.48%)
BOP 7.74 Increased By ▲ 0.04 (0.52%)
BYCO 9.35 Decreased By ▼ -0.02 (-0.21%)
DGKC 110.06 Decreased By ▼ -0.14 (-0.13%)
EPCL 50.85 Decreased By ▼ -0.04 (-0.08%)
FCCL 22.70 Decreased By ▼ -0.06 (-0.26%)
FFBL 25.50 Decreased By ▼ -0.20 (-0.78%)
FFL 15.12 Decreased By ▼ -0.18 (-1.18%)
HASCOL 8.99 Decreased By ▼ -0.01 (-0.11%)
HUBC 79.00 No Change ▼ 0.00 (0%)
HUMNL 6.16 Increased By ▲ 0.32 (5.48%)
JSCL 19.03 Increased By ▲ 0.33 (1.76%)
KAPCO 40.00 Increased By ▲ 0.61 (1.55%)
KEL 3.66 Decreased By ▼ -0.02 (-0.54%)
LOTCHEM 14.10 Decreased By ▼ -0.25 (-1.74%)
MLCF 42.51 Increased By ▲ 0.21 (0.5%)
PAEL 30.72 Decreased By ▼ -0.35 (-1.13%)
PIBTL 9.46 Increased By ▲ 0.01 (0.11%)
POWER 8.50 Increased By ▲ 0.06 (0.71%)
PPL 83.25 Decreased By ▼ -0.05 (-0.06%)
PRL 22.82 Increased By ▲ 0.05 (0.22%)
PTC 9.05 Decreased By ▼ -0.15 (-1.63%)
SILK 1.37 Decreased By ▼ -0.03 (-2.14%)
SNGP 38.60 Increased By ▲ 0.01 (0.03%)
TRG 160.99 Decreased By ▼ -2.23 (-1.37%)
UNITY 34.60 Decreased By ▼ -0.33 (-0.94%)
WTL 1.60 Increased By ▲ 0.15 (10.34%)
BR100 4,811 Increased By ▲ 11.61 (0.24%)
BR30 24,672 Decreased By ▼ -21.57 (-0.09%)
KSE100 44,950 Increased By ▲ 6.65 (0.01%)
KSE30 18,391 Increased By ▲ 7.82 (0.04%)

Coronavirus
VERY HIGH
Pakistan Deaths
18,537
10824hr
Pakistan Cases
845,833
419824hr
Sindh
288,680
Punjab
312,522
Balochistan
22,900
Islamabad
77,065
KPK
121,728

LONDON: Sterling was on course for its third consecutive week of gains against the dollar on Friday, driven by renewed hopes that Britain and the European Union will reach a trade deal. Britain left the EU in January and is in talks with the bloc on a future trading relationship after a transition period runs out at the end of 2020.

An EU official said the two sides are very close to agreement on most issues, even if they are still at odds over fishing rights, guarantees of fair competition and ways to solve future disputes. European Commission President Ursula von der Leyen pointed to progress on "important files".

A spokesman for Prime Minister Boris Johnson also reiterated that Britain wants to secure a trade deal as soon as possible, but it needs respect the country's sovereignty. The EU and British officials' words reassured investors that negotiations are still ongoing after chief Brexit negotiators suspended direct talks on Thursday when a member of the EU team tested positive for Covid-19.

The pound gained 0.3% to 89.23 pence per euro at 1600 GMT, and it was on course for its second week of gains against the European single currency. Versus the dollar, sterling was up 0.2% at $1.3287, on track for its third consecutive week of gains.