Business Recorder

Jul 08, 2020 PRINT EDITION

The quarter after the half: Why the next 3 months are key for stocks

ARTICLE: Central bank firepower helped stock market bulls finish the first half of 2020 on a high. Now the rally...

Eidul Azha, Muharram: NCOC bracing for another spike in Covid-19 cases

ARTICLE: On a hot humid day in Islamabad, this writer entered a cool air-conditioned building of the National ...

En route to a welfare state?

ARTICLE: Because of Covid-19 we have already started spending a lot more on health cover than what we have been...

Partly Facetious: 'I speak the truth as does Imran Khan'

ARTICLE: "I take exception to what you said."

"You have to narrow it down - I feel like The Khan these days -...

Letters

Wheat shortage: farmers' woes

LETTER: Wheat is the most important staple food crop of Pakistan. Although on a large area, there have been crises ...

Rains in Karachi

LETTER: Yesterday's rains in Karachi have brought about a pleasant change in protracted harsh weather that has been...

Internet services - charges and taxes

LETTER: The Covid-19 pandemic has changed the dynamics of the world and continuously evolving patterns of new ways ...

Perspectives

The power of three Pakistani women: Kicking fair out of Fair & Lovely

Hira Hashmi, Anum Chandani and Marvi Ahmed started an online petition to ban Fair & Lovely. Now, Unilever will no longer use the word 'Fair' to market products — but is that enough?

Understanding Pakistan’s First Super App

Careem has been working on its Super App for some time and has now officially rolled it out across the region. The...

Pakistan needs an innovative fiscal policy

The latest World Economic Outlook by the IMF paints a bleak picture, bleaker than the one in April. The more we...

Gainers
Losers
Leaders

Stock	Price
Ghazi Fab. / Jul 8 Ghazi Fabrics International Limited(GFIL)	3.2000 ▲ (0.40%) (14.29%)
Dawood Equities / Jul 8 Dawood Equities Limited(DEL)	4.4600 ▲ (1.01%) (6.38%)
Tri-Star Power / Jul 8 Tri-Star Power Limited(TSPL)	3.2200 ▲ (0.12%) (3.87%)
TPL Ins. / Jul 8 TPL Insurance Limited(TPLI)	25.2000 ▲ (0.72%) (2.94%)
Nimir Ind. / Jul 8 Nimir Industrial Chemicals Limited(NICL)	60.0000 ▲ (0.56%) (0.94%)
Attock Petroleum / Jul 8 Attock Petroleum Limited(APL)	311.0000 ▲ (9.00%) (0.66%)
TPL Corp / Jul 8 TPL Corp Limited(TPL)	5.2600 ▲ (0.16%) (0.59%)
Pace (Pakistan) / Jul 8 Pace (Pakistan) Limited(PACE)	2.2784 ▲ (0.15%) (0.46%)
Habib Bank Ltd. / Jul 8 Habib Bank Limited.(HBL)	101.5017 ▲ (3.40%) (0.39%)
Trust Sec.& Brok. / Jul 8 Trust Securities & Brokerage Limited(TSBL)	10.9900 ▲ (0.04%) (0.37%)

Stock	Price
PICIC Insurance / Jul 8 PICIC Insurance Limited(PIL)	0.8000 ▼ (0.10%) (-12.50%)
Ruby Tex. / Jul 8 Ruby Textile Mills Limited(RUBY)	10.9900 ▼ (2.49%) (-10.95%)
Arshad Energy / Jul 8 Arshad Energy Limited(AEL)	7.5000 ▼ (1.35%) (-9.60%)
First Cap. Sec. / Jul 8 First Capital Securities Corporation(FCSC)	1.1500 ▼ (0.09%) (-7.83%)
Adamjee Ins. / Jul 8 Adamjee Insurance Company Limited(AICL)	36.9900 ▼ (2.99%) (-7.11%)
JS Bank Ltd / Jul 8 JS Bank Limited(JSBL)	6.1000 ▼ (0.64%) (-7.05%)
Zephyr Tex / Jul 8 Zephyr Textiles Limited(ZTL)	7.0000 ▼ (0.47%) (-6.71%)
Colgate-Palm. / Jul 8 Colgate-Palmolive (Pakistan) Limited(COLG)	2399.8999 ▼ (154.90%) (-6.33%)
Friends Sp. / Jul 8 Friends Spinning Mills Limited(FRSM)	47.9900 ▼ (2.99%) (-6.23%)
Summit Bank / Jul 8 Summit Bank Limited(SMBL)	1.3300 ▼ (0.08%) (-6.02%)

Stock	Volume
Hascol Petroleum / Jul 8 Hascol Petroleum Limited(HASCOL)	26,343,500 ▼ (0.61%)
Pak Elektron / Jul 8 Pak Elektron Limited(PAEL)	24,414,500 ▼ (0.73%)
Lotte Chemical / Jul 8 Lotte Chemical Pakistan Limited(LOTCHEM)	18,138,500 ▼ (0.23%)
TRG Pak. / Jul 8 TRG Pakistan Limited(TRG)	14,692,500 ▼ (1.91%)
Maple Leaf / Jul 8 Maple Leaf Cement Factory Limited(MLCF)	13,830,500 ▼ (0.81%)
Pak Int.Bulk Ter / Jul 8 Pakistan International Bulk Terminal Limited(PIBTL)	9,752,000 ▼ (0.61%)
Worldcall / Jul 8 Worldcall Telecom Limited(WTL)	9,558,000 ▼ (0.12%)
Jahangir Sid. Co. / Jul 8 Jahangir Siddiqui & Co. Ltd.(JSCL)	8,504,000 ▼ (0.87%)
D.G.Cement / Jul 8 D.G. Khan Cement Company Limited(DGKC)	6,162,500 ▼ (3.11%)
Pioneer Cem. / Jul 8 Pioneer Cement Limited(PIOC)	5,205,000 ▼ (2.32%)

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jul 8	166.80
USD PKR Interbank Buying / Jul 8	166.60
USD to Japanese Yen / Jul 8	107.56
USD to Swiss Franc / Jul 8	0.94
Pound Sterling to USD / Jul 8	1.25
Euro to USD / Jul 8	1.13

Stock	Volume
S&P 500 / Jul 8	3145.32
India Sensex / Jul 8	36674.52
Tokyo Nikkei / Jul 8	22614.69
Nasdaq / Jul 8	10343.89
Hang Seng / Jul 8	25975.66
FTSE 100 / Jul 8	6189.90
Dow Jones / Jul 8	25890.18
Germany DAX 30 / Jul 8	12616.80
France CAC40 / Jul 8	5043.73

Indicator	Value
Weekly Foreign Reserves / Jul 8	17971.90
UK LIBOR / Jul 8	0.36
GDP Growth % / Jul 8	5.40
Foreign Debt / Jul 8	15087.50
Per Capita Income (CPI) / Jul 8	1516.00
Average CPI / Jul 8	11.11