News Archives for Print - 2020-03-01

Print - 2020-03-01

Pakistan represented by Qureshi

Pakistan was represented by Foreign Minister Shah Mahmood Qureshi who was among the representatives from 50 countries including Qatar, Turkey, India, Indonesia, Uzbekistan and Tajikistan who attended the US-Taliban agreement signing ceremony.

Updated 01 Mar, 2020 04:59am

Afghans greet deal with unease and optimism

Afghans expressed unease and cautious hope about a historic deal signed Saturday that aims to have all foreign forces leave Afghanistan within 14 months in exchange for Taliban guarantees, with many people doubting the insurgents' intentions. War-scarred

Updated 01 Mar, 2020 04:59am

US, Taliban to swap prisoners

The US and the Taliban agreed to swap thousands of prisoners in a "confidence building measure" as part of a landmark deal. "Up to 5,000 prisoners of the (Taliban)... and 1,000 prisoners of the other side (Afghan forces) will be released by March 10," the

Updated 01 Mar, 2020 05:01am

Now comes the hard part

The United States signed a deal with Taliban insurgents on Saturday that could pave the way toward a full withdrawal of foreign soldiers from Afghanistan and represent a step toward ending the 18-year-war in the nation. But while the agreement creates a p

Updated 01 Mar, 2020 04:59am

US 'will not hesitate to nullify' agreement if Taliban break deal: Pentagon chief

The United States "will not hesitate to nullify" its historic deal with the Taliban if the insurgents renege on their security guarantees and commitment to hold talks with the Afghan government, US Defense Secretary Mark Esper said Saturday.

Updated 01 Mar, 2020 04:59am

US, Afghan Taliban sign historic deal

The United States signed a landmark deal with the Taliban on Saturday, laying out a timetable for a full troop withdrawal from Afghanistan within 14 months as it seeks an exit from its longest war. The agreement is expected to lead to a dialogue between t

Updated 01 Mar, 2020 04:59am

State-sponsored terror in Delhi could lead to radicalization of Muslims: PM

Prime Minister Imran Khan on Saturday warned the world that the "state-sponsored terror through police and RSS gangs" in New Delhi might lead to the radicalization of 200 million Indian Muslims.

Updated 01 Mar, 2020 04:59am

TSML, M/s CIENA Group: Proposal on direct settlement talks tailored by MoI&P

Ministry of Industries and Production (MoI&P) has reportedly tailored a new proposal for direct settlement talks between Tuwairqi Steel Mills (TSML) and M/s CIENA Group aimed at resolving complicated issues, well-informed sources told Business Recorder

Updated 01 Mar, 2020 04:59am

Turkey raises migrant pressure on EU over Syria conflict

Turkey's President Recep Tayyip Erdogan on Saturday threatened to let thousands of refugees cross into Europe and warned Damascus would "pay a price" in retaliation after dozens of Turkish troops were killed inside Syria.
Updated 01 Mar, 2020 04:59am

Companies file 151 appeals against SECP orders

Companies have filed 151 appeals against the orders/actions of the Securities and Exchange Commission of Pakistan (SECP) with the SECP Appellate Bench during 2018-19. According to the SECP data, the appellate bench is a quasi-judicial appellate body of th
Updated 01 Mar, 2020 04:59am

Appeals against FBR: SECP expects favourable outcome

The management of the Securities and Exchange Commission of Pakistan (SECP) expects favourable outcome of the appeals filed with various judicial fora against the tax department and the Federal Board of Revenue (FBR) pertaining to the tax matters of the p
Updated 01 Mar, 2020 04:59am

Current fiscal year: FBR may suffer over Rs 600 billion revenue shortfall

The Federal Board of Revenue (FBR) is expected to suffer revenue shortfall of over Rs 600 billion during the whole fiscal year of 2019-20. During Jul-Feb period of 2019-20, the FBR has provisionally collected Rs 2,714 billion against downward revised targ
Updated 01 Mar, 2020 05:00am

POL products' prices reduced

The government on Saturday reduced prices of all petroleum products for March following a significant decline in world oil prices. In its monthly review, the Ministry of Finance has reduced prices by Rs 5 each per litre for MS (petrol) and High Speed Dies
Updated 01 Mar, 2020 04:59am

Two new cases of coronavirus detected in country

The country is on alert as two more persons have been tested positive for coronavirus - again in the federal capital and Karachi - taking the total to four. Speaking at a presser, Special Assistant to the Prime Minister on Health Dr Zafar Mirza along wi
Updated 04 Mar, 2020 10:54am

26 Syrian troops killed in Turkish strikes

Turkish drone strikes killed 26 Syrian soldiers on Saturday, an independent war monitor said, after Ankara warned Damascus that it would "pay a price" for killing dozens of Turkish troops on its soil. The Britain-based Observatory for Human Rights said th
Updated 01 Mar, 2020 04:59am

NJPMC resolves to show zero tolerance against corruption

The National Judicial Planning and Management Committee (NJPMC) held here on Saturday under the chair of Chief Justice of Pakistan Justice Gulzar Ahmed resolved that there will be zero tolerance against corruption. The committee also briefed him about the
Published 01 Mar, 2020 12:00am

PTA notifies new rules: Only 5 mobile devices can be imported for personal use

Pakistan Telecommunication Authority (PTA) has notified "Type Approval Technical Standards Regulations," allowing import of only five mobile devices in a calendar year by a person for personal use.
Updated 01 Mar, 2020 04:59am

AJK President describes situation in IOK as grave human tragedy

Azad Jammu & Kashmir (AJ&K) President Sardar Masood Khan on Saturday described the situation in the Indian Occupied Kashmir (IOK) as a "grave human tragedy" and emphasized the need for adopting a more proactive approach to highlight it at powerful global
Updated 01 Mar, 2020 04:59am

Taftan border closed again after temporary opening

The Taftan border between Pakistan and Iran remains closed for seventh day conservatively after a temporary opening on Saturday. 252 pilgrims have been sent to Quetta from the isolation ward at the Pakistan House after they were tested negative for the co
Updated 01 Mar, 2020 04:59am

Engro Fertilizers expedites efforts to get 25 MMCFD gas on permanent basis

Engro Fertilizers has expedited its efforts to get 25 MMCFD gas on permanent basis against reduction of urea prices by Rs 400 per bag, well informed sources told Business Recorder. For this purpose, a delegation of M/s Engro Fertilizers met with Pr
Updated 01 Mar, 2020 04:59am

Johnson to wed with girlfriend

British Prime Minister Boris Johnson and his girlfriend Carrie Symonds announced on Saturday that they are expecting a baby and have got engaged. A Downing Street spokeswoman confirmed the news to AFP without providing further comment.
Updated 01 Mar, 2020 04:59am

Trump moves to calm virus fears after first death on US soil

US President Donald Trump moved to quell fears about the novel coronavirus after the first death on US soil was confirmed Saturday.
Updated 01 Mar, 2020 04:59am

Mahathir out as king names PM

Malaysia's 94-year-old Mahathir Mohamad lost out in a battle to become prime minister on Saturday as the king named former interior minister Muhyiddin Yassin after a week of political turmoil sparked by Mahathir's resignation.
Updated 01 Mar, 2020 04:59am

Letters
The coronavirus challenge

This is apropos a Business Recorder news items "Coronavirus panic sends global stocks tumbling" and "WHO raises global risk from 'high' to 'very high'" carried by the newspaper yesterday. It is therefore a matter of deep concern that coronavirus pa
Published 01 Mar, 2020 12:00am

Articles
Global economy wavers as world comes to standstill amid epidemic

The world is coming to a standstill as the new coronavirus spreads: schools have closed in Japan, rallies are banned in Switzerland and flights are canceled worldwide.
Published 01 Mar, 2020 12:00am

Articles
With Taliban deal, US shifts away from two decades of global war

In making peace with the Taliban, the United States is moving to end its longest-ever war and also signalling a major shift: After two decades, an era of global US military interventionism is winding down.
Published 01 Mar, 2020 12:00am

Articles
Keeping Orange Line alive

Lahore Orange Line (train) rapid transit system is in the process of test run with commercial operations to commence by June 2020. This is second of four planned mass transit systems of Lahore. Green Line metro bus system is in operation for seven years,
Published 01 Mar, 2020 12:00am

Passing of a repressive ruler

Ousted president of Egypt Hosni Mubarak who ruled the country with an iron fist for three decades is dead, leaving his authoritarian legacy intact. He rose to prominence for his role in the 1973 Yom Kippur war against Israel as the commander of air force,
Published 01 Mar, 2020 12:00am

Trump's India visit

A deeper look into what US President Donald Trump said and did during his two-day visit to India may suggest that he did not mean what he said in public. For instance, he reiterated his offer to mediate on Kashmir. According to him, prime ministers Imran
Published 01 Mar, 2020 12:00am

Saad Rafique hospitalized

The Pakistan Muslim League Nawaz (PML-N) leader Khwaja Saad Rafique was taken to the Services hospital where doctors had suggested surgery of his throat.
Updated 01 Mar, 2020 04:44am

Business & Economy
Three-day expo 'SAVDEX' concludes

The three-day "Suppliers and Vendors Defence Exhibition (SAVDEX 2020)" organized by the Lahore Chamber of Commerce and Industry (LCCI) and Defence Export Promotion Organization (DEPO) concluded here on Saturday.
Published 01 Mar, 2020 12:00am

Carjacking cases continue unabated in capital

Over seven cases of various kinds of thefts and three cases of auto theft were reported at various police stations of the federal capital during last week. According to data gathered by Business Recorder, various police stations registered seven cases of
Published 01 Mar, 2020 12:00am

NCHD-Alight Pakistan to establish 22 schools in GB

The National Commission for Human Development (NCHD) and Alight Pakistan, formerly American Refugee Committee, have agreed to join hands to impart free education to out-of-school children at 22 schools in Gilgit-Baltistan (GB) province.
Published 01 Mar, 2020 12:00am

Coronavirus: situation in Punjab normal: Buzdar

Punjab Chief Minister Sardar Usman Buzdar on Saturday maintained that the situation concerning coronavirus in Punjab is normal adding "All the precautionary and preventive measures have been taken".
Updated 04 Mar, 2020 10:50am

Business & Economy
BISP to function under federal government's Ehsaas Kifalat Programme

There is no move in the offing to either rename or abolish Benazir Income Support Programme (BISP), which would continue to function under the ambit of Ehsaas Kifalat Programme as part of the federal government's Ehsaas Programme, it has been learnt.
Published 01 Mar, 2020 12:00am

PTI government fails to honour promises made to KP people: ATP

The Amun Taraqqi Party (ATP), chairman Muhammad Faiq Shah has criticized the Pakistan Tehreek-e-Insaf (PTI) leaders have taken frequent U-turns but failed to honour their commitments with people of the Khyber Pakhtunkhwa.
Published 01 Mar, 2020 12:00am

Bilawal to visit central Punjab

Bilawal Bhutto Zardari will visit central Punjab from 2nd of March and address party meetings in Sahiwal, Pakpattan and Okara, said General Secretary of Pakistan Peoples Party (PPP) Punjab. He said Bilawal will address a Meet the Press programme at the La
Published 01 Mar, 2020 12:00am

ANP greets Afghan people on peace agreement

ANP's President, Asfandyar Wali Khan has congratulated the people of Afghanistan on the signing of peace agreement between United States and Taliban in Qatar and termed it a point of new beginning. In a statement issued from Wali Bagh Charsadda here Satur
Published 01 Mar, 2020 12:00am

Energy
PESCO gears up drive against power thieves

Drive against illegal use of electricity and recovery of dues has geared up on the directives of the Chief Executive Officer (CEO), Peshawar Electric Supply Company (PESCO), across Khyber Pakhtunkhwa.
Updated 01 Mar, 2020 04:39am

Punjab, KP receive first rainfall of spring

Several cities of Punjab as well Peshawar and other parts of Khyber Pakhtunkhwa have received first rainfall of spring.
Published 01 Mar, 2020 12:00am

Prices of essential kitchen items witness declining trend

Prices of essential kitchen items have witnessed a decreasing trend during this past week as compared to the week before, a survey carried out by Business Recorder revealed here on Saturday.
Published 01 Mar, 2020 12:00am

Business & Economy
Country possesses hidden natural resource: FPCCI chief

Vice President, Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Khurram Ijaz has said that Pakistan is a peaceful investment friendly country and a land of unimaginable beauty with untapped tourism potential.
Published 01 Mar, 2020 12:00am

Another polio case surfaces in Sindh

Another polio case emerged in Sindh province on Saturday, raising the total number of cases in the ongoing year to 20.
Published 01 Mar, 2020 12:00am

Ex-PSM chief acquitted in corruption case

An accountability court on Saturday acquitted former chairman of Pakistan Steel Mills (PSM) Moeen Aftab over lack of evidence in a corruption reference worth Rs 490 million.
Published 01 Mar, 2020 12:00am

PIA call centre facilitating affected passengers

Due to the temporary entry restrictions by Saudi Arabia because of coronavirus (COVID 19) outbreak, certain mandatory preventive measures have been added for airlines coming to Saudi Arabia from various countries including Pakistan where cases of coronavi
Published 01 Mar, 2020 12:00am

Gold plunges by Rs 2150

Gold on Saturday plunged by Rs 2150 per tola to Rs 91600 on the local market, traders said.
Published 01 Mar, 2020 12:00am

Murad orders purchase of coronavirus's testing kits

One more Coronavirus case has been diagnosed in the city, the patient has been shifted to hospital and his family members who were in contact with him have also been isolated in their house.
Published 01 Mar, 2020 12:00am

PSM chief meets PMC management

Pakistan Steel Mill (PSM) chairman Aamir Mumtaz on Saturday met the management of the Punjab Mineral Company (PMC) to review a possibility of collaboration between the two institutions for indigenous resource utilization.
Published 01 Mar, 2020 12:00am

Domestic, commercial connections: Wasa decides to install over 7 million new smart water meters

To overcome water scarcity, Water and Sanitation Authority (Wasa) has decided to install over 7 million new smart water meters on both domestic and commercial connections at a cost of Rs 10.353 billion.
Published 01 Mar, 2020 12:00am

Even mosques & graveyards are not safe in India: governor

Punjab Governor Chaudhry Mohammad Sarwar said in his Twitter message that even mosques and graveyards are not safe in India and it has become a crime to be a Muslim in India. Why United Nations is becoming a silent spectator over Delhi riots, he asked.
Published 01 Mar, 2020 12:00am

PPA-NR chief demands relief package

Pakistan Poultry Association (PPA-Northern Region)chairman Chaudhry Muhammad Fargham has urged the government to curtail increasing input cost to reduce poultry farmer's cost of production and to make poultry products acceptable to consumer's pockets.
Published 01 Mar, 2020 12:00am

PPP never gets involved in politics of religion: Aitzaz

Pakistan Peoples Party (PPP) stalwart Ch Aitezaz Ahsan said Saturday the PPP has never been involved in the politics of religion. Talking to media, he said the PPP had made it clear to Maulana Fazlur Rehman that it would not be involved in the politics of
Published 01 Mar, 2020 12:00am

Business & Economy
Ring road, Techno Park projects: FDA reviews pre-feasibility reports

Faisalabad Development Authority (FDA) reviewing the pre-feasibility reports about the proposed mega projects of Faisalabad Ring road, Techno Park, improvement of master plan and activation of TEPA under the arrangements of Faisalabad Development Authorit
Published 01 Mar, 2020 12:00am

Business & Economy
ML-1 project accord likely to be signed on May 10: Rashid

Railways Minister Sheikh Rashid Ahmad has said that the nation will soon hear the good news about ML-1 and the project agreement is hopefully be signed on May 10, 2020.
Published 01 Mar, 2020 12:00am

Cotton & Textile
Gas, power at regionally competitive rate: Government move to boost value-added textile exports

The government decision of electricity supply at regionally competitive rate of 7.5 cents per kwh and gas at 6.5 dollars per mmbtu to the export sector will give a significant boost to the value-added textile exports.
Updated 01 Mar, 2020 04:39am

Money & Banking
EFU Life recognised at International forum yet again

EFU Life Assurance Limited, the leading life insurance provider in the country, has been recognized at an international forum yet again. After winning at the Dragons of Asia Awards, with the 'Blue dragon' for Best Campaign in Pakistan and Gold Dragon for
Updated 01 Mar, 2020 04:39am

Poultry industry demands sharp decline in production cost

The poultry industry has urged the government to take serious measures for reduction in production cost as the sector is facing massive losses mainly due to unprecedented hike in input cost.
Published 01 Mar, 2020 12:00am

Business & Economy
PSDP 2019-20: Government releases Rs 464.71 billion for various ongoing, new projects

The federal government has released Rs 464.71 billion (66.3 percent) including Rs 92.74 billion foreign aid (72.3 percent) for various ongoing and new development projects under the Public Sector Development Programme (PSDP) 2019-2020 against the total bu
Published 01 Mar, 2020 12:00am

Two killed in Quetta rival groups clash

Two people were killed in armed clash between two rival groups here on Saturday, police said. According to details, the incident took place in Sardar Kale area of Sardariab Road Quetta where two rival groups traded fire. In cross firing two people, Adam K
Published 01 Mar, 2020 12:00am

Business & Economy
E-vehicle sector being promoted to tackle effects of climate change: Malik Amin

Adviser to Prime Minister on Climate Change Malik Amin Aslam has underlined that in an era when electric vehicles (EVs) are shaking up the auto industry globally; the Pakistan Tehreek-e-Insaf government (PTI) is taking serious steps for implementing an el
Published 01 Mar, 2020 12:00am

PTI leader distributes face masks

As precautionary measure, Pakistan Tehreek-e-Insaf (PTI) leader and PTI Karachi Region President Khurrum Sher Zaman along with PTI Karachi workers distributed thousands of masks and pamphlets on coronavirus on Saturday in front of Civil Hospital Karachi (
Published 01 Mar, 2020 12:00am

Global Business Economy
Can the Fed inoculate US economy against virus impact?

The US Federal Reserve stands ready to take action to counter the risks posed by the novel coronavirus crisis, the central bank's chairman Jerome Powell said Friday, while insisting that the US economy remains in a good position.
Updated 01 Mar, 2020 04:44am

Energy
Venezuela names new vice presidents for four PDVSA units

Venezuela has named new vice presidents for four units of its state oil company PDVSA, as well as a new president for the unit of the company handling joint ventures with private oil companies, according to a copy of the official gazette seen by Reuters o
Updated 01 Mar, 2020 04:39am

US game makers conference postponed amid virus fears

A game developers conference in San Francisco was postponed Friday, after Facebook and Microsoft withdrew from the event due to concerns about the spread of novel coronavirus. The annual gathering was due to start March 16 in a downtown convention center
Published 01 Mar, 2020 12:00am

Telecommunication
Regulators move to fine telecoms for selling location data

US regulators moved to impose fines Friday against the nation's four major wireless carriers for selling location data of customers without their consent.
Published 01 Mar, 2020 12:00am

Virus hammers China's February economic activity

China's manufacturing activity fell to its lowest level on record in February as official data on Saturday confirmed the massive damage the deadly coronavirus epidemic has caused to the world's second-largest economy.
Published 01 Mar, 2020 12:00am

Greece pushes back migrants after Turkish border 'onslaught'

Greek police fired teargas to push back hundreds of stone-throwing migrants trying to cross over the border from Turkey on Saturday, as a crisis over Syria shifted onto the European Union's doorstep. Greece, which has tense relations with Turkey at the be
Published 01 Mar, 2020 12:00am

More than 200,000 hit by Congo floods

More than 200,000 people have been affected by floods that have ravaged Republic of Congo since last year, authorities said Saturday. The government has issued an urgent international appeal after the flooding along the Congo and Ubangi rivers in the coun
Published 01 Mar, 2020 12:00am

US postpones ASEAN regional summit due to coronavirus: US official

The United States has delayed a regional ASEAN summit scheduled to take place in Las Vegas next month due to fears of the coronavirus, a senior administration official said Friday.
Updated 04 Mar, 2020 10:46am

Trump wins key court case on snub of Congressional subpoenas

The White House won a key victory for presidential power Friday when an appeals court rejected a lawsuit over President Donald Trump's blocking his former legal advisor from honoring a Congressional subpoena.
Published 01 Mar, 2020 12:00am

Global Business Economy
Advertising spending on US primaries surpasses $1 billion

Advertising spending on the US presidential primaries has surpassed an "unprecedented" $1 billion, half of which came from the coffers of billionaire Democratic White House hopeful Michael Bloomberg, a tracking firm said Friday.
Published 01 Mar, 2020 12:00am

Top British home office mandarin quits in minister bullying row

Britain's top government official in the ministry responsible for policing and counter-terrorism resigned on Saturday, saying there had been an orchestrated campaign to remove him. Philip Rutnam quit after reports of tensions between him and Home Secretar
Published 01 Mar, 2020 12:00am

Opposition urges 'Russia without Putin' in rally for slain liberal

Thousands rallied in central Moscow on Saturday to call on President Vladimir Putin not to stay in power indefinitely, in the first major protest by the Russian opposition since the Kremlin chief announced controversial plans to change the constitution.
Published 01 Mar, 2020 12:00am

Money & Banking
Kaspi revives plans for London float

Kazakh financial group Kaspi.kz is reviving plans for a stock market listing in London, hoping to benefit from a sharper appetite for share offerings, three people close to the matter said.
Updated 01 Mar, 2020 04:44am

Money & Banking
Goldman Sachs Asset Management added to stocks portfolio as markets tumbled

Portfolio managers at Goldman Sachs Asset Management have used the recent selloff in global stocks caused by the coronavirus as an opportunity to take positions in a range of companies focusing on everything from concerts to cosmetics.
Updated 01 Mar, 2020 04:39am

Money & Banking
European bonds: Coronavirus fears spark dash for safe-haven bonds, inflation expectations slide

Safe-haven German bond yields hit a five-month trough on Friday, Italian borrowing costs headed for their biggest weekly rise since October and a key gauge of long-term inflation expectations struck record lows as coronavirus panic swept through markets.
Updated 04 Mar, 2020 10:38am

Money & Banking
Global stocks outlook still positive, but vulnerable to coronavirus

Global stocks have further to run this year, but the likelihood of a correction of 10% or more is high, according to Reuters polls of market strategists, with the severity of the economic hit from the coronavirus outbreak being the biggest risk.
Updated 01 Mar, 2020 04:39am

Money & Banking
S&P falls for 7th day, suffers biggest weekly plunge since 2008

The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial crisis on growing fears the fast-spreading coronavirus could push the economy into recession, although stocks
Updated 01 Mar, 2020 04:39am

Money & Banking
Brazil real hits new low

The Brazilian real sank to a new low against the dollar on Friday, taking its losses this year to 11% as the relentless selling overwhelmed the central bank's third consecutive daily market intervention to ease the pressure.
Updated 01 Mar, 2020 04:39am

Money & Banking
Dollar net long position climbs on safe-haven bids

Speculators' net long US dollar positioning climbed in the latest week, matching levels seen during the week of Dec. 3, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday.
Updated 01 Mar, 2020 04:39am

Money & Banking
African currencies week ahead: Zambia, Uganda currencies seen softening, Kenya's to firm

Zambia's and Uganda's currencies are expected to fall next week, while Kenya's is expected to rise, traders say.
Updated 01 Mar, 2020 04:39am

Money & Banking
Commodity-linked loonie slides to 9-month low

The Canadian dollar weakened to a nine-month low against the greenback on Friday as concerns rose about the impact of the coronavirus outbreak on Canada's commodity-linked economy and data showed barely any growth in the fourth quarter.
Updated 01 Mar, 2020 04:39am

Money & Banking
Britain wants binding obligations on access to EU financial market

Britain said on Thursday it wanted "legally binding" obligations on access to the European Union financial market, coupled with arrangements for maintaining trust as rules evolve.
Updated 01 Mar, 2020 04:39am

Money & Banking
Dollar dives to 20-week low against yen on Fed rate cut hint

The US dollar slid to a 20-week low against the Japanese yen on Friday after Federal Reserve Chair Jerome Powell suggested the central bank could cut interest rates in the wake of the coronavirus.
Updated 01 Mar, 2020 04:39am

Energy
Asia's naphtha stays at five-month low

Asia's naphtha crack stayed at a five-month low for the second day on Thursday at $49.65 a tonne while gasoline crack hit a one-month low of $4.02 a barrel, weighed down by concerns of slower economic growth because of the coronavirus.
Updated 01 Mar, 2020 04:39am

Cotton & Textile
Slow trading activity on cotton market

Subdued business was witnessed on the cotton market on Saturday in the absence of leading factors, dealers said. The official spot rate maintained week-end level at Rs 9000, they added. In the ready session, 1000 bales of cotton from Jshania finalised at
Updated 01 Mar, 2020 04:39am

Commodities
Canadian canola futures rise

ICE Canadian canola futures rose on Thursday with soyabeans, after setting a fresh contract low earlier, in volatile trade guided by outside markets. Coronavirus fears have pressured oil and equities, spilling negative sentiment onto canola, a trader note
Published 01 Mar, 2020 12:00am

Commodities
Argentine soya crop estimate increased to 54.5 million tonnes

Argentina's 2019/20 soya crop is estimated at 54.5 million tonnes, the Buenos Aires Grains Exchange said in a report on Thursday, citing good season-long rains as its reason for increasing its previous forecast of 53.1 million tonnes.
Published 01 Mar, 2020 12:00am

Energy
European gasoline margins fall

Northwest European gasoline refining margins fell on Thursday amid weak exports, shrugging off a continually weak crude price and falling inventories on both sides of the Atlantic. Oil prices plunged more than 4% on Thursday, down for a fifth day to their
Updated 01 Mar, 2020 04:39am

Commodities
Tunisia buys feed barley

Tunisia's state grains agency is believed to have purchased about 75,000 tonnes of animal feed barley to be sourced from optional origins in an international tender which closed on Thursday, traders said, confirming earlier assessments.
Published 01 Mar, 2020 12:00am

Other
Paris half-marathon cancelled over coronavirus fears

The Paris half-marathon, which was scheduled for Sunday with 44,000 registered runners, has been cancelled over fears of coronavirus, officials said Saturday.
Published 01 Mar, 2020 12:00am

Football
Chelsea stumble again at Bournemouth, West Ham ease relegation fears

Chelsea needed a double from Marcos Alonso to salvage a 2-2 draw at struggling Bournemouth as West Ham boosted their chances of survival with a 3-1 win over Southampton on Saturday.
Published 01 Mar, 2020 12:00am

Football
Nadal strolls into Acapulco final

Rafael Nadal used a steady stream of blistering forehand winners and a heavy dose of precision serves to book his spot in the ATP Mexico Open final with a convincing 6-3, 6-2 win over Grigor Dimitrov.
Published 01 Mar, 2020 12:00am

Other
Two matches decided in Open Polo

The PBG Risala and ASC Polo Team carved out comfortable victories in the Zameen National Open Polo Championship for Quaid-e-Azam Gold Cup 2020 matches played here at Lahore Polo Club ground.
Published 01 Mar, 2020 12:00am

Cricket
Klaasen ton leads S Africa to big win over Australia

Heinrich Klaasen smashed an unbeaten century as South Africa claimed a 74-run victory over Australia in their first one-dayer played on a slow Boland Park wicket on Saturday.
Published 01 Mar, 2020 12:00am

Other
Cadet and Junior Taekwondo Championship ends: Korean Taekwondo Master praises Pakistan talent

Korean Taekwondo Master Hung Sung Su said Taekwondo is only game of Martial Arts, which is included in Olympic competitions, this game not only strengthen self-protection, self-confidence, harmony and respect but is also a very good healthy activity.
Published 01 Mar, 2020 12:00am

Cricket
PM likely to attend as KP U-21 Games set to open on March 6

U-21 Games of Khyber Pakhtunkhwa province will begin from March 6, 2020 and will continue till March 8, 2020.
Published 01 Mar, 2020 12:00am

Cricket
Asia Cup 2020 likely to be staged in Dubai in September

While the Asian Cricket Council (ACC) will be meeting in Dubai and it is expected that the Asia Cup-2020 T20 Tournament will be held in Dubai and both India and Pakistan will also participate, it has been learnt.
Published 01 Mar, 2020 12:00am

Cricket
Injured Bismah ruled out of World Cup

Pakistan women cricket team skipper Bismah Maroof has been ruled out of the ICC Women's T20 World Cup 2020 after suffering communitive fracture in her right thumb during her side's 42-run defeat against England in Canberra on Friday.
Published 01 Mar, 2020 12:00am

Cricket
Yasir Shah set to join Peshawar Zalmi after Mohsin's injury

Yasir Shah comes in as a replacement for Mohammad Mohsin in Peshawar Zalmi's squad, it was announced on Saturday.
Published 01 Mar, 2020 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

Stock Volume

Item Value

Gainers
Losers
Leaders

Stock Price

786 Invest Ltd / Apr 27

786 Investments Limited(786)

5

▼ 0.00 (0.00%)

AL-Abbas Sugar / Apr 27

Al-Abbas Sugar Mills Limited(AABS)

585

▼ 0.00 (0.00%)

Agro Allianz / Apr 27

Agro Allianz Limited(AAL)

16

▼ 0.00 (0.00%)

AL-Abid Silk / Apr 27

Al-Abid Silk Mills Limited(AASM)

3.49

▼ 0.00 (0.00%)

Ali Asghar / Apr 27

Ali Asghar Textile Mills Limited(AATM)

2.07

▼ 0.00 (0.00%)

Allied Bank / Apr 27

Allied Bank Limited(ABL)

87.10

▼ 0.00 (0.00%)

Abbott Lab. / Apr 27

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▼ 0.00 (0.00%)

Abson Ind. / Apr 27

Abson Industries Limited(ABSON)

2.50

▼ 0.00 (0.00%)

Alfalah ETF. / Apr 27

Alfalah Consumer Index ETF.(ACIETF)

9.84

▼ 0.00 (0.00%)

Stock Price

786 Invest Ltd / Apr 27

786 Investments Limited(786)

5

▲ 0.00 (0.00%)

AL-Abbas Sugar / Apr 27

Al-Abbas Sugar Mills Limited(AABS)

585

▲ 0.00 (0.00%)

Agro Allianz / Apr 27

Agro Allianz Limited(AAL)

16

▲ 0.00 (0.00%)

AL-Abid Silk / Apr 27

Al-Abid Silk Mills Limited(AASM)

3.49

▲ 0.00 (0.00%)

Ali Asghar / Apr 27

Ali Asghar Textile Mills Limited(AATM)

2.07

▲ 0.00 (0.00%)

Allied Bank / Apr 27

Allied Bank Limited(ABL)

87.10

▲ 0.00 (0.00%)

Abbott Lab. / Apr 27

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▲ 0.00 (0.00%)

Abson Ind. / Apr 27

Abson Industries Limited(ABSON)

2.50

▲ 0.00 (0.00%)

Alfalah ETF. / Apr 27

Alfalah Consumer Index ETF.(ACIETF)

9.84

▲ 0.00 (0.00%)

Stock Volume

P.I.A.C.(A) / Apr 27

Pakistan International Airlines Corp(PIAA)

47,200,500

▲ 0.00

Cnergyico PK / Apr 27

Cnergyico PK Limited(CNERGY)

29,719,327

▲ 0.00

Pak Petroleum / Apr 27

Pakistan Petroleum Limited(PPL)

21,170,581

▲ 0.00

Pak Refinery / Apr 27

Pakistan Refinery Limited(PRL)

16,965,134

▲ 0.00

The Searle Co. / Apr 27

The Searle Company Limited(SEARL)

15,793,227

▲ 0.00

P.T.C.L. / Apr 27

Pakistan Telecommunication Company Ltd(PTC)

15,054,641

▲ 0.00

K-Electric Ltd. / Apr 27

K-Electric Limited(KEL)

14,145,556

▲ 0.00

WorldCall Telecom / Apr 27

Worldcall Telecom Limited(WTL)

13,158,668

▲ 0.00

Telecard Limited / Apr 27

Telecard Limited(TELE)

12,358,668

▲ 0.00

Markets →

Most Popular

Today

Yesterday

Past 3 Days

Net metering power: Govt mulling bringing buyback rates down to Rs11/unit from Rs21

Prices of petrol, diesel likely to be slashed

PBC floats 5-year ‘exports charter and imports substitution plan’

Pakistan misses wheat production target

Operations: KAPCO reluctant to opt for CTBCM

Annual rental value property: Sindh govt given three months to legislate on levy of tax

Justice Isa says received no complaints of meddling in judicial affairs since becoming CJP

Airline revenues: IATA urges Pakistan to allow repatriation of $399mn

Sazgar Engineering Works Limited

Net metering power: Govt mulling bringing buyback rates down to Rs11/unit from Rs21

Pakistan misses wheat production target

FBR’s POS system: 1,680 Tier-1 retailers told to integrate by May 31st

Liquidation of certain appellate fora: Cabinet approves amendments to tax laws

Tax law amendment bill introduced in NA

The Organic Meat Company secures another $4mn export contract to UAE firm

Rupee sustains minor loss against US dollar

Investment and loss reduction: KE’s 7-year plan approved by Nepra

NJLI Sarmaya Growth Fund Rates

Net metering power: Govt mulling bringing buyback rates down to Rs11/unit from Rs21

Pakistan misses wheat production target

Expenditure cut steps likely in FY25 budget

NJLI Sarmaya Growth Fund Rates

Gold price per tola falls massive Rs7,800 in Pakistan

3.2 magnitude earthquake hits parts of Karachi

Prices of petrol, diesel likely to be slashed

FBR’s POS system: 1,680 Tier-1 retailers told to integrate by May 31st

Gold price per tola increases Rs1,100 in Pakistan

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00