News Archives for Print - 2020-04-08

Print - 2020-04-08

Army sends supplies to Quetta

Inter Services Public Relations (ISPR) Director General (DG) Major General Babar Iftikhar Tuesday said emergency supplies of medical equipments including personal protective equipments (PPEs) were being dispatched to Quetta on the directives of Chief of A

Published 08 Apr, 2020 12:00am

Emerging Pathogens: Governor inaugurates new BSL-3 Lab at UVAS

Governor Punjab Ch Muhammad Sarwar inaugurated a new state-of-the-art Biosafety Level-3 'Laboratory for Emerging Pathogens' at the University of Veterinary and Animal Sciences (UVAS) Lahore on Tuesday.

Published 08 Apr, 2020 12:00am

Commodities

Punjab bans purchase, transportation, storage of wheat

The Punjab government has banned private purchase, transportation, and storage of wheat except for personal use to meet the wheat procurement target set at 4.5 million tons in the province.

Published 08 Apr, 2020 12:00am

Seven terrorists killed in N Wazirstan, Mohmand

Security forces conducted two separate IBOs during the last 24 hours on confirmed information of terrorist hideouts in North Wazirstan and Mohmand, said an ISPR press release issued on Tuesday. Seven terrorists were killed during these IBOs.

Published 08 Apr, 2020 12:00am

Johnson 'stable' in intensive care, needed oxygen

British Prime Minister Boris Johnson was stable in intensive care on Tuesday after receiving oxygen support to help him battle COVID-19, while his foreign minister led the government's response to the outbreak.

Published 08 Apr, 2020 12:00am

Imposition of lockdown: First phase of financial aid to be launched tomorrow: Umar

The government on Tuesday announced that the first phase of the financial assistance approved for the needy people following the imposition of lockdown is to be launched on Thursday (April 9) with Rs48 billion.

Published 08 Apr, 2020 12:00am

Covid-19 experience: Pakistani, Chinese armies hold video conference

The Chinese and Pakistani armies hold a video conference on the sharing of experience in the prevention and control of pneumonia caused by new coronavirus, according to Chinese Ministry of Defence here on Tuesday.

Published 08 Apr, 2020 12:00am

Extend lockdown to avoid the worst, doctors tell Sindh CM

The leading doctors of the country told Sindh Chief Minister Syed Murad Ali Shah to extend the period of the lockdown in the province or the spread of the coronavirus would spiral out of control.

Published 08 Apr, 2020 12:00am

Stocks

KSE-100 Index stages recovery: BRIndex100 bounces back

Pakistan Stock Exchange Tuesday partially recovered its overnight losses on the back of fresh buying in various sectors.

Published 08 Apr, 2020 12:00am

SBP timings

The State Bank of Pakistan (SBP) will continue to work 6 hours a day due to coronavirus pandemic. The SBP will observe office timings of 10:00 AM to 4:00 PM from Monday to Thursday and 10:00 AM to 01:00 PM on Friday. According to SBP, these timings will c

Published 08 Apr, 2020 12:00am

PALPA agrees to operate PIA flights after successful talks

Aviation division in order to resolve the grievances of Pakistan Airlines Pilot Association (PALPA) has allowed the captain to operate flights upon satisfaction regarding the implementation of SOP issued by Pakistan Civil Aviation Authority (PCAA) to aver

Published 08 Apr, 2020 12:00am

Karkey's liabilities: $1.5 million grant to be approved by ECC today

The Economic Coordination Committee (ECC) of the Cabinet which is scheduled to meet on Wednesday (today) will approve $ 1.5 million supplementary grant for Power Division to clear liabilities with respect to M/s Karkey rental power plant, well informed so

Published 08 Apr, 2020 12:00am

Wheat, sugar crises: PM vows firm action after release of report on 25th

The federal government will take strict action against those involved in the wheat and sugar crises after release of inquiry commission's report on 25th of this month.

Published 08 Apr, 2020 12:00am

Relief package: MoF asks SBP, FBR to provide SMEs' data

The Finance Ministry is in the process of gathering data of small and medium enterprises (SMEs) from different sources to provide relief as part of the government's economic relief package, according to a senior official of the ministry.

Published 08 Apr, 2020 12:00am

Attack on gurdwara in Kabul: FO rejects officially-inspired Indian reports

Pakistan on Wednesday rejected the "highly mischievous" and "officially-inspired" Indian reports seeking to link Pakistan with the terrorist attack on a gurdwara in Kabul on March 25, 2020.

Published 08 Apr, 2020 12:00am

Release of UTPs: SC sets aside directions of IHC, SHC

The Supreme Court holding that the high court could not exercise suo motu jurisdiction under Article 199 of the Constitution recalled the directions passed by the Islamabad High Court (IHC) and the Sindh High Court (SHC) for the release of the prisoners.

Published 08 Apr, 2020 12:00am

'Ehsaas Programme: 12m families to get Rs12,000 each from tomorrow'

The provision of financial assistance among the 12 million deserving families under the Ehsaas Emergency Cash Programme is scheduled to start Thursday (April 9) as part of the federal government's initiative to financially support the downtrodden segments

Published 08 Apr, 2020 12:00am

'Be infected with virus,' lawyer curses judge after unfavourable order

A lawyer cursed a Calcutta High Court judge, swearing he be infected with coronavirus, provoking the judge to recommend contempt action against him, according to NDTV.

Published 08 Apr, 2020 12:00am

Relief funds: SBP waives services charges on donations

The State Bank of Pakistan (SBP) has waived service charges on donations to Prime Minister's and provincial governments' relief funds for Covid19 through payment cards.

Published 08 Apr, 2020 12:00am

WhatsApp tightens sharing limits to curb virus misinformation

WhatsApp on Tuesday placed new limits on message forwarding as part of an effort to curb the spread of misinformation about the coronavirus pandemic.

Published 08 Apr, 2020 12:00am

KE in serious financial crisis: CFO

Karachi Electric (KE) is reportedly in a serious financial crisis due to non-payment of receivables by governments, well-informed sources in KE told Business Recorder.

Published 08 Apr, 2020 12:00am

Prominent world leaders demand immediate relief measures: G-20 asked to fund $150 billion to fight Covid-19

No less than 120 former head of states, six Nobel laureates, prominent economists and global social impact personalities have co-signed a letter addressed to the G-20 nations, for an immediate globally coordinated action to address the deepening global he

Published 08 Apr, 2020 12:00am

Shabbar had expressed his inability to continue as FBR chief

Former Chairman Federal Board of Revenue (FBR) Shabbar Zaidi informed Prime Minister Imran Khan a month ago that he would not be able to continue as Chairman FBR due to health issues.

Published 08 Apr, 2020 12:00am

Essential food items: Cut in duties, taxes on import and local supply notified

The Federal Board of Revenue (FBR) Tuesday notified reduction in duties and taxes on the import and local supply of essential food items including withdrawal of additional customs duty on the import of edible oil and oil seeds till June 30, 2020.

Published 08 Apr, 2020 12:00am

Letters

The Covid-19 challenge

There are several vaccines in the pipeline to treat coronavirus or Covid-19. I happen to watch a TV programme on Thursday, the 26th of March 2020. One of the guests in this programme was a well-known hematologist. In this programme, he was talking about u

Published 08 Apr, 2020 12:00am

Articles

Glencore offers $325m for Vicentin's stake in Argentine soy crusher Renova

Commodities trader Glencore Agriculture has bid $325 million for the minority stake in Argentine soy crushing plant Renova held by bankrupt family-owned company Vicentin, two sources close to the negotiations told Reuters.

Published 08 Apr, 2020 12:00am

Articles

Gender, security and development - II

Many African and Latin American states have faced these crises. Presently, the Indian policies of repression in Jammu and Kashmir are a vivid example of women torture, rape and widowhood. The whole family structure is suffering behind Indian policies of r

Published 08 Apr, 2020 12:00am

Articles

A self-sufficient economic model

It is time to strike a strategic balance between public and economic health for the maximum economic good of masses at large, especially the have-nots. As such, while extreme physical austerity needs to be observed in social interactions, we do need a non

Published 08 Apr, 2020 12:00am

Plight of UTPs

Islamabad High Court (IHC) announced on Sunday its verdict on petitions filed by some inmates of the Adiala Jail about poor prison conditions, due mainly to overcrowding. Authored by Chief Justice of IHC Athar Minallah, the verdict notes in great detail t

Updated 08 Apr, 2020 06:52am

Deferment of IMF third tranche

Resident Representative of the International Monetary Fund (IMF) Teresa Daban Sanchez has stated that the Fund has postponed approval of the second review of the 6 billion dollar bailout package scheduled for 10 April 2020 due to "delay in implementing ag

Updated 08 Apr, 2020 06:49am

Telecommunication

Body formed to address issues of cellular phone operators

The government has constituted a 14-member committee to address the issues of "cellular mobile operators" and formulate recommendations for onward submission to the prime minister.

Published 08 Apr, 2020 12:00am

Business & Economy

Comments on amnesty to construction industry

PROLOGUE

Published 08 Apr, 2020 12:00am

Rashid predicts 'tough times ahead' for PM

Federal Minister for Railways Sheikh Rashid has predicted "tough times ahead" for Prime Minister Imran Khan as politics will get "fierce" after Ramazan. "The prime minister will have to make tough decisions in the next one or two months," said the ministe

Published 08 Apr, 2020 12:00am

Motorists' movement tightened at Capital's entry, exit points

The Islamabad Capital Territory (ICT) Administration on Tuesday further tightened movement of motorists at all entry and exit points of the capital in the wake of increase in number of coronavirus cases.

Published 08 Apr, 2020 12:00am

Pakistani citizens: Government accords priority to phase-wise repatriation: Qureshi

Foreign Minister Shah Mahmood Qureshi Wednesday said that government accorded top priority to phase-wise repatriation of Pakistani citizens stranded due to the COVID-19 pandemic at various airports abroad.

Published 08 Apr, 2020 12:00am

Business & Economy

MoI&P: Dawood's nameplate removed

After Abdul Razak Dawood, Prime Minister's Advisor, was replaced by Hammad Azhar his nameplate has been removed and the new nameplate will be in place in a day or two, sources told Business Recorder.

Published 08 Apr, 2020 12:00am

All set to bring 500 stranded Tableeghi Jamaat men

The government will make arrangements to bring 500 Pakistani preachers belonging to Tableeghi Jamaat back to Pakistan who were trapped in various countries due to the coronavirus pandemic. For this purpose, National Assembly Speaker Asad Qaiser has consti

Published 08 Apr, 2020 12:00am

Taliban halt talks with Afghan government over delay in prisoners' swap

The Taliban broke off talks with Afghan government on prisoners' swap over the continued delay in releasing around 5000 of its members currently in the country's jails, putting the ongoing peace process at risk.

Published 08 Apr, 2020 12:00am

Spread of diseases: Illegal wildlife markets provide fertile environment: WWF-P chief

The World Wide Fund's (WWF) survey finds people in southeastern nations supportive of their governments' move of shutting down illegal and unregulated wildlife markets in their countries amid Covid-19 threat.

Published 08 Apr, 2020 12:00am

Cotton & Textile

Around 700 employees of textile factory sacked

A textile factory situated in city's site area on Tuesday sacked as many as 700 of its employees. The factories in Sindh are closed amid lockdown to combat coronavirus outbreak.

Published 08 Apr, 2020 12:00am

Medics in two Quetta hospitals go on strike over lack of safety gear

Doctors went on strike at two hospitals in Quetta on Tuesday, a day after police used force to break up and detain medics protesting against a lack of gear to protect them against the coronavirus.

Published 08 Apr, 2020 12:00am

China to extend over Rs 2 billion grant-in-aid for varsities' transformation

China will extend Rs2.048 billion grant in aid for Phase-I of "Smart Universities Transformation through Smart Classrooms in Public Sector Universities of the Country".

Published 08 Apr, 2020 12:00am

Business & Economy

SCCI slams crackdown on Quetta arms factory

President of the Sarhad Chamber of Commerce and Industry, Maqsood Anwar Pervaiz, has expressed resentment over crackdown on arms manufacturing factory located in the small industrial estate on Kohat Road and arrest of people.

Published 08 Apr, 2020 12:00am

KWSB takes steps to meet Covid-19 challenge

Karachi Water and Sewerage Board (KW&SB) has taken some effective and meaningful measures in the midst of coronavirus spread on a war footing to reduce water and sewerage complaints in the city of teeming millions.

Published 08 Apr, 2020 12:00am

Business & Economy

APMSPIDA spells out its demands

The Patron-in-Chief of the All Pakistan Motorcycle Spare Parts Importers and Dealers Association (APMSPIDA), Faisal Khalil, has urged the federal government to direct the utility companies to give a waiver of bills payment to shops and houses at least for

Published 08 Apr, 2020 12:00am

Taxes

Tax relief on pulse, edible oil: Importers look forward towards issuance of SROs

Importers of pulses, edible oil and seeds have said that they are unable to clear their consignments from the port because duty and tax relief related Statutory Regulatory Orders (SROs) have not been issued yet.

Published 08 Apr, 2020 12:00am

LG representatives not given special funds to tackle coronavirus: mayor

Mayor Karachi Wasim Akhtar said on Tuesday that the Muttahida Qaumi Movement-Pakistan lawmakers were not provided with funds for uplift work nor the local bodies representatives were given special financial assistance to tackle the coronavirus.

Published 08 Apr, 2020 12:00am

Alkhidmat provides PPE for police personnel

Jamaat-e-Islami (JI) Karachi with support of Alkhidmat has provided personal protective equipment (PPE) kits (PPE) for police personnel performing duties at quarantine centres in the metropolis.

Published 08 Apr, 2020 12:00am

Money & Banking

Covid-19-hit businesses: SBP urged to give one-time interest free loans

Economic & Financial Analyst, Ateeq Ur Rehman has said that most of the industries, businesses and SMEs are witnessing a major downturn¸ current lockdown has created a situation where majority of them are defaulting or close to bankruptcy.

Published 08 Apr, 2020 12:00am

54 new Covid-19 cases detected: Murad pays tribute to Dr Soomro for sacrificing life in the line of duty

Sindh Chief Minister Syed Murad Ali Shah on Tuesday expressed his deep sorrow and grief over the sad demise of Dr Abdul Qadir Soomro who sacrificed his life while helping the COVID-19 patients get better.

Published 08 Apr, 2020 12:00am

Energy

Electricity demand may reduce by 30pc if impact of Covid-19 continues: PEPCO

Electricity demand may go down by 25-30 percent if the economic downturn and corona impact continues, said Pakistan Electric Power Company (PEPCO) sources.

Published 08 Apr, 2020 12:00am

Cotton & Textile

Farmers want cotton support price be fixed at Rs 5000/maund

Farmers representatives have urged the government to announce support price of the cotton crop for the current season at Rs 5000 per maund on priority basis encouraging the farmers to go for this crop.

Published 08 Apr, 2020 12:00am

Business & Economy

FCCI demands govt to finalise SOP for resuming businesses

Faisalabad Chamber of Commerce & Industry (FCCI) has expressed concern over the critical economic crisis perpetrating due to the prolonged corona lockdown.

Published 08 Apr, 2020 12:00am

Shahbaz holds meeting with PML-N leaders

Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif on Tuesday held a meeting with his party leaders and agriculturists to firm up recommendations with regard to wheat harvesting.

Published 08 Apr, 2020 12:00am

Coronavirus cases cross 2,004 mark across Punjab

With 86 new cases reported in Punjab; the total number of coronavirus cases in the province has crossed the mark of 2,004 including 294 in Lahore.

Published 08 Apr, 2020 12:00am

2000 kits to be received from NDMA today: 19,000 kits available, more testing labs being set up in Punjab: CM

Punjab Chief Minister Sardar Usman Buzdar said on Tuesday that there are around 19000 diagnostics kits available in Punjab and 2000 more kits will be received from NDMA on Wednesday (today) while more testing labs are also being established in Lahore and

Published 08 Apr, 2020 12:00am

Easypaisa partners with Zakat & Ushr Dept

Easypaisa, a leading provider of digital financial services in Pakistan, has partnered with Punjab Zakat and Ushr Department to digitally disburse funds to those who are being affected by the lockdown amid the COVID-19 pandemic.

Published 08 Apr, 2020 12:00am

Business & Economy

BBA demands ban on duty-free import of milk powder

Buffalo Breeders Association (BBA) Pakistan has urged the federal government for reviewing the decision of permitting the duty-free import of milk powder and taking livestock and dairy farmers, most of them very poor and very powerless, in the fold of you

Published 08 Apr, 2020 12:00am

Energy

KE assures uninterrupted power supply amid lockdown

K-Electric (KE) teams continue to remain at work to ensure safe, reliable and uninterrupted supply of power to Karachi and its surrounding areas during the lockdown alongside medical staff, security personnel and other front-line forces.

Published 08 Apr, 2020 12:00am

Taxes

STOAP for redressing grievances of Sales Tax officers

Welcoming the new chairperson Federal Board of Revenue (FBR) Nausheen Amjad Javed, the Sales Tax Officers Association (STOAP) Tuesday requested tax authorities to redress the grievances of the officers of sales tax specifically the delayed issue of promot

Published 08 Apr, 2020 12:00am

Stocks

Filing of certain returns, statements: SECP discontinues submission of requirements

The Securities and Exchange Commission of Pakistan (SECP) has discontinued submission of requirements of filing of certain returns and statements.

Published 08 Apr, 2020 12:00am

Cotton & Textile

Aptma demands immediate rescue measures

All Pakistan Textile Mills Association (Aptma) has demanded immediate rescue measures to save the textile industry from total collapse due to negative impact of coronavirus.

Published 08 Apr, 2020 12:00am

Brief Recordings

Engro Polymer and Chemicals Limited

Engro Polymer and Chemicals Limited (PSX: ECPL) was established in 1997 under the Companies Ordinance, 1984. It was established as a joint venture between Engro Chemical, Asahi Glass Company and Mitsubishi Corporation. It started operations commercially t

Updated 08 Apr, 2020 05:32am

Workers facing worst crisis since WWII amid pandemic: UN

Some 1.25 billion workers are seeing their livelihoods threatened by the COVID-19 pandemic, the United Nations said Tuesday, warning it was the "worst global crisis" since World War II.

Published 08 Apr, 2020 12:00am

Money & Banking

WeWork sues SoftBank

Office-sharing giant WeWork on Tuesday sued SoftBank claiming the Japan-based technology investment group breached its contractual obligations by backing out of a $3 billion rescue plan. The lawsuit filed in a US court in Delaware came just days after Sof

Published 08 Apr, 2020 12:00am

Commodities

Germany plans new curbs on foreign takeovers

German ministers plan to approve Wednesday a new law tightening checks on foreign takeovers of the country's companies, aiming to keep critical production and knowhow within its borders.

Published 08 Apr, 2020 12:00am

Global Business Economy

US job openings fall

US job openings fell in February, suggesting the labour market was losing momentum even before stringent measures to control the novel coronavirus outbreak shuttered businesses, throwing millions out of work.

Published 08 Apr, 2020 12:00am

Money & Banking

EU struggles to bridge bitter split on 'coronabonds'

EU finance ministers struggled Tuesday to bridge differences on how to relaunch their economies after the coronavirus, with Germany refusing Italy's call for unprecedented solidarity with hard hit countries.

Published 08 Apr, 2020 12:00am

Global Business Economy

China's March forex reserves fall more than expected to 17-month low

China's foreign exchange reserves fell more than expected in March to a 17-month low as the yuan weakened and global asset prices plunged amid the coronavirus pandemic.

Published 08 Apr, 2020 12:00am

China becomes world's top patent filer: UN

China last year became the world leader in international patent filings, unseating the United States which had held the top spot for more than four decades, the UN said Tuesday.

Published 08 Apr, 2020 12:00am

Monster cyclone tears through Vanuatu town

A deadly cyclone destroyed much of Vanuatu's second-largest town but early warnings appeared to have prevented mass casualties in the Pacific nation, with some residents sheltered in caves to stay safe, aid workers said Tuesday.

Published 08 Apr, 2020 12:00am

Germany caught up in mask fraud scheme

Authorities in Germany have fallen victim to a multi-million-euro fraud involving masks much needed in the coronavirus pandemic, prosecutors said Tuesday.

Published 08 Apr, 2020 12:00am

Trump's press secretary Stephanie steps down

President Donald Trump's chief spokeswoman Stephanie Grisham, who never held a single press briefing in a White House where Trump runs much of the communications himself, stepped down Tuesday.

Published 08 Apr, 2020 12:00am

US strike in Somalia kills Shabaab 'senior leader': Pentagon

An April 2 airstrike by US forces in Somalia killed a "senior leader" of the Al-Shabaab militant group, the US Defense Department said Tuesday.

Published 08 Apr, 2020 12:00am

1960s Bond girl Honor Blackman dies

Honor Blackman, one of the most memorable co-stars of the early James Bond films, has died at the age of 94, her family said.

Published 08 Apr, 2020 12:00am

Forest fire intensifies in Chernobyl nuclear zone

A forest fire in the Chernobyl nuclear exclusion zone spread further Tuesday, fanned by strong winds, authorities said, insisting that radiation levels remained normal.

Published 08 Apr, 2020 12:00am

India eases malaria drug export ban after Trump threat

India announced Tuesday a partial lifting of a fresh export ban on a malaria drug seen as a potential coronavirus treatment, after US President Donald Trump hinted at "retaliation".

Published 08 Apr, 2020 12:00am

EU announces 15 billion euros to fight virus worldwide

The European Union is to put up 15 billion euros ($16.4 billion) to help poor countries fight the coronavirus epidemic, the bloc's chief announced on Tuesday.

Published 08 Apr, 2020 12:00am

PM's top priority is to protect people from coronavirus: Firdous

Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Tuesday said that Prime Minister Imran Khan's top priority was to protect the people from coronavirus and provide them relief.

Published 08 Apr, 2020 12:00am

Beggars throng twin cities

Following lockdown owing to coronavirus outbreak in the country, the streets and roads of the twin cities have been thronged by beggars, Business Recorder observed.

Published 08 Apr, 2020 12:00am

President grieved over death of Dr Soomro

President Dr Arif Alvi Tuesday expressed his deep sorrow over the sad demise of Dr Abdul Qadir Soomro, who died due to coronavirus in Karachi on Monday.

Published 08 Apr, 2020 12:00am

Stocks

Companies Act violation: SECP empowers HoD of Adjudication Div to impose penalty

The Securities and Exchange Commission of Pakistan (SECP) has empowered the head of department (Adjudication Department-I) of the Adjudication Division to impose penalty on public sector companies for any contravention of provisions of the Companies Act.

Published 08 Apr, 2020 12:00am

Hundreds of lockdown-hit animals die at pet markets

Abandoned when country's largest cities went into lockdown, hundreds of caged cats, dogs and rabbits have been found dead inside pet markets hurriedly shuttered as the coronavirus spread.

Published 08 Apr, 2020 12:00am

IHC directs for immediate opening of PMDC building

The Islamabad High Court (IHC) on Tuesday directed the secretary Ministry of National Health Services, Regulations and Coordination to immediately open the Pakistan Medical and Dental Council (PMDC) building.

Published 08 Apr, 2020 12:00am

Cotton & Textile

Garment units start production as govt exempts textile from lockdown

The garment industry has started production following the announcement by government to exempt it from lockdown.

Published 08 Apr, 2020 12:00am

Hamdard's Children's Health moot put off

Hamdard's Children's Health Conference has been postponed due to the coronavirus.

Published 08 Apr, 2020 12:00am

Articles

Partly Facetious : They may be forgiven

"In the clash of the titans one had to lose."

Published 08 Apr, 2020 12:00am

Commodities

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,411.

Published 08 Apr, 2020 12:00am

Commodities

CBOT corn futures fall to new contract lows

Chicago Board of Trade corn futures fell for the fourth straight session on Monday, plunging to new contract lows, as ethanol demand plummeted amid the coronavirus pandemic which shows little sign of abating.

Published 08 Apr, 2020 12:00am

Commodities

CBOT soyabean futures fall

Chicago Board of Trade soyabean futures dipped to two-week low in mid-day trading on Monday, before rebounding on signs that drought conditions in South America could erode Brazil's bumper harvest, traders said.

Published 08 Apr, 2020 12:00am

Commodities

Brazil's AgRural revises down soya crop as drought hits south

Brazilian agribusiness consultancy AgRural on Monday revised down the country's 2019/2020 soyabean crop, according to a statement, as a drought hit the south of the world's largest exporter of the oilseed.

Published 08 Apr, 2020 12:00am

Commodities

CBOT wheat futures rise on weather concerns

Chicago Board of Trade wheat futures rose Monday on weather worries, amid forecasts of a potential cold snap in the US Great Plains region and signs of growing dryness across the Black Sea Region, traders said.

Published 08 Apr, 2020 12:00am

Energy

US natural gas futures rise on cooler weather

US natural gas futures rose almost 7% on Monday on forecasts for cooler weather and higher heating demand next week than previously expected.

Published 08 Apr, 2020 12:00am

Business & Economy

Activities of Karachi Port and Port Qasim

The Karachi Port handled 48,247 tonnes of cargo comprising 34,990 tonnes of import cargo and 13,257 tonnes of export cargo including 2,327 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday.

Published 08 Apr, 2020 12:00am

Cotton & Textile

Ginners, growers urge government to save cotton industry

Some leading ginners and growers requested the government to save the cotton industry from disaster because workers and businessmen were facing financial losses particularly after the spread of coronavirus, market sources observed.

Published 08 Apr, 2020 12:00am

Commodities

Canadian canola futures rise

ICE Canadian canola futures edged up on Monday.

Published 08 Apr, 2020 12:00am

Commodities

Euronext wheat rises sharply on weaker euro

Euronext wheat rose sharply on Monday, led by spot futures as a weaker euro and latest tenders by importing countries put attention back on brisk overseas demand and potential supply snags during the coronavirus crisis.

Published 08 Apr, 2020 12:00am

Stocks

ME stocks extend gains

Most Middle Eastern stock markets closed higher on Tuesday, boosted by gains in global equities on hopes for a slowdown in coronavirus-related deaths and reported new cases in some regions. There was an added boost from oil prices, which climbed on supply

Published 08 Apr, 2020 12:00am

Stocks

Most Southeast Asian stocks rise

Most Southeast Asian stock markets rose on Tuesday, tracking equities around the world, as sentiment was aided by coronavirus infections slowing in Europe and the United States, while Thailand surged more than 6% on rallying oil prices.

Published 08 Apr, 2020 12:00am

Stocks

China stocks up

China stocks ended up more than 2% on Tuesday as markets resumed trading after a long weekend, with investor sentiment lifted by the government's latest stimulus to shore up the world's second-largest economy and a drop in cases of the new coronavirus.

Published 08 Apr, 2020 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 29	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

Markets →

Calculate your monthly liability in FY24

Most Popular