News Archives for Print - 2020-10-21

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Print - 2020-10-21

Forex

Banks rates for currency notes (buying and selling)

KARACHI: The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on...

Published 21 Oct, 2020 02:57am

Cellular license renewal, additional spectrum auction: PTA extends deadline for hiring consultants/firms

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has extended the deadline for hiring ...

Published 21 Oct, 2020 02:53am

SK Hynix in $9bn deal for Intel's flash memory chip business

SEOUL: The world's second-largest chipmaker, South Korea's SK Hynix, announced a record $9 billion deal Tuesday to...

Published 21 Oct, 2020 02:53am

Sweden bans Huawei, ZTE from 5G network

STOCKHOLM: Sweden has banned Chinese telecoms groups Huawei and ZTE from its 5G network for security reasons, the...

Published 21 Oct, 2020 02:53am

Goldman Sachs to pay US $2.8bn over 1MDB scandal

WASHINGTON: Global financial titan Goldman Sachs is preparing to admit wrongdoing in the massive 1MDB Malaysian...

Updated 21 Oct, 2020 03:25am

Historic mission: NASA probe Osiris-Rex set to 'kiss' asteroid Bennu

WASHINGTON: After a four-year journey, NASA's robotic spacecraft Osiris-Rex will descend to asteroid Bennu's...

Published 21 Oct, 2020 02:53am

UN 'dismayed' at India arrests, NGO restrictions

GENEVA: UN rights chief Michelle Bachelet voiced her dismay Tuesday at the arrest of activists in India and...

Published 21 Oct, 2020 02:53am

USA

Trump goes big on campaign trail, Biden maintains low profile

WASHINGTON: With two weeks to go until Election Day, President Donald Trump and Joe Biden adopted radically ...

Published 21 Oct, 2020 02:53am

US, Russia edge back towards talks on nuclear arms pact

MOSCOW: Russia and the United States on Tuesday were edging closer to breaking an impasse in long-running talks ...

Published 21 Oct, 2020 02:53am

UK govt suffers defeat by House of Lords over Brexit bill

LONDON: The upper chamber of Britain's parliament on Tuesday inflicted a symbolic defeat on the government over...

Published 21 Oct, 2020 02:53am

Six people injured in bomb blast

KARACHI: In-charge Counter Terrorism Department (CTD) Civil Line Karachi Raja Umar Khattab said that around 1 kg...

Published 21 Oct, 2020 02:53am

DPC launches website

KARACHI: Deposit Protection Corporation (DPC) has formally launched of its website. Through this website, DPC has...

Published 21 Oct, 2020 02:53am

LG secy for compiling of record of vaccinated children

KARACHI: Sindh Secretary Local Government Najam Ahmad Shah said record of all vaccinated children and vaccine...

Published 21 Oct, 2020 02:53am

Ghost fishing gear deadliest form of plastic debris: WWF

KARACHI: The abandoned fishing gear is the deadliest trap of plastic debris for marine life and has already driven...

Published 21 Oct, 2020 02:53am

'Karachi incident': Bilawal urges COAS, ISI chief to hold inquiry

KARACHI: Chairman Pakistan People's Party Bilawal Bhutto Zardari has demanded an inquiry by the Chief of Army Staff...

Updated 21 Oct, 2020 03:17am

Qureshi flays opposition parties for anti-govt protests

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Tuesday flayed the opposition parties for their anti-government...

Published 21 Oct, 2020 02:53am

Hekmatyar meets PM, lauds role in facilitating Afghan peace process

ISLAMABAD: Gulbuddin Hekmatyar, leader of Hizb-e-Islami of Afghanistan called on Prime Minister Imran Khan here on...

Published 21 Oct, 2020 02:53am

Season two of the arrests has to start soon: Ahsan Iqbal

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Secretary General Ahsan Iqbal on Tuesday said that "season two of ...

Published 21 Oct, 2020 02:53am

Exchange

Senate session comes to a chaotic close

ISLAMABAD: Amidst chaos and exchange of 'verbal skirmishes' between treasury and opposition benches, the Senate...

Published 21 Oct, 2020 02:53am

Some individuals trying to destroy TTS: HEC chief

ISLAMABAD: Some individuals are trying to destroy the Tenure Track System (TTS) by lowering its standards and...

Published 21 Oct, 2020 02:53am

CFA Society 17TH ANNUAL AWARDS: Mobilink Microfinance Bank wins The Best Microfinance Bank - Digital of the Year 2019

TEXT: CFA Society Pakistan hosted its 17th Annual Excellence Awards in Karachi on the 2nd of October 2020. Through...

Published 21 Oct, 2020 02:53am

Currency

17th CFA Excellence Awards - CFA Society Pakistan

TEXT: For more than 17 years, CFA Society Pakistan has been organizing CFA Excellence Awards where different ...

Published 21 Oct, 2020 02:53am

CFA Society 17TH ANNUAL AWARDS: Message from Muhammad Asim, CFA (President of CFA Society Pakistan)

TEXT: CFA Society Pakistan, a not for profit entity, has taken several initiatives to increase professionalism,...

Published 21 Oct, 2020 02:53am

The Weather

KARACHI: The weather report on Tuesday (October 20, 2020) and the forecast for Wednesday (October 21, 2020)....

Published 21 Oct, 2020 02:53am

Exchange

KSE-100 Index rallies: BRIndex100 extends gains

KARACHI: Pakistan Stock Exchange Tuesday witnessed a bullish trend on the back of healthy buying by local and ...

Published 21 Oct, 2020 02:53am

Letters

'A wake-up call for the govt'

This is apropos a Business Recorder editorial "A wake-up call for the government" carried by the newspaper ...

Published 21 Oct, 2020 02:53am

Why Beijing may want to keep Trump in the White House

Donald Trump has frustrated and enraged China during a tumultuous first term, but Beijing may welcome his ...

Updated 21 Oct, 2020 03:14am

Walmart cranks up advertising drive, with or without TikTok

Walmart Inc is aggressively expanding its advertising business after years of stuttering progress, even as a ...

Updated 21 Oct, 2020 04:19am

Currency

Fund's return to austerity

Keeping in view the export orders in hand, Abdul Razzak Dawood, Advisor to the PM on Commerce and Industries, has...

Updated 21 Oct, 2020 03:29am

New shipping policy hailed

KARACHI: Ateeq-ur-Rehman, an economic and financial analyst, said that during Covid-19 the world trade fell by up to...

Updated 24 Oct, 2020 03:11am

Government notifies rules for removal, blocking of unlawful online content

ISLAMABAD: The federal government has notified the Rules for Removal and Blocking of Unlawful Online Content...

Updated 21 Oct, 2020 03:25am

Hafeez Centre incident: Advisor approached for relief package to victims

ISLAMABAD: The computer vendor and IT industry has approached Advisor to the Prime Minister on Finance Dr Abdul...

Updated 21 Oct, 2020 03:25am

Stocks

Emirates NBD drags on Dubai index

DUBAI: Most Gulf markets ended lower on Tuesday, with the Dubai index particularly hard hit by losses for top lender...

Published 21 Oct, 2020 02:53am

Stocks

Japan stocks drop

TOKYO: Japanese shares ended lower on Tuesday, tracking overnight Wall Street losses, as investors cautiously looked...

Published 21 Oct, 2020 02:53am

Stocks

European shares slip

MILAN/FRANKFURT: European stocks fell on Tuesday as worries about coronavirus curbs and Brexit countered optimism...

Published 21 Oct, 2020 02:53am

Stocks

China shares surge

SHANGHAI: China shares ended higher on Tuesday in a relatively tepid session, as optimism over recovering ...

Published 21 Oct, 2020 02:53am

Stocks

Tuesday's early trade: Stimulus bets drive indexes higher

NEW YORK: Wall Street's main indexes climbed on Tuesday on growing signs that US lawmakers were making headway in...

Published 21 Oct, 2020 02:53am

Stocks

Wall Street declines

NEW YORK: Wall Street's main indexes closed lower on Monday as Washington lawmakers still appeared to struggle to...

Published 21 Oct, 2020 02:53am

Stocks

Australian shares slip, NZ up

SYDNEY/WELLINGTON: Australian shares closed lower on Tuesday, weighed by miners and bank stocks, as surging...

Published 21 Oct, 2020 02:53am

Stocks

London stocks rise on hopes of Brexit trade deal

LONDON: London stocks closed higher on Tuesday as investors remained hopeful of a trade deal with the European Union...

Published 21 Oct, 2020 02:53am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 90,494 tonnes of cargo comprising 62,349 tonnes of import cargo and 28,145 tonnes...

Published 21 Oct, 2020 02:53am

FFC sponsors student of Agri University of Faisalabad

KARACHI: Fauji Fertilizer Company (FFC) has always been at the forefront in community uplift initiatives through the...

Updated 21 Oct, 2020 03:25am

Financial stability plan: Senate body seeks briefing by PIACL

ISLAMABAD: The Senate Standing Committee on Aviation on Tuesday sought a detailed briefing by the Pakistan...

Updated 21 Oct, 2020 03:25am

NA body briefed about working of FJA

ISLAMABAD: The director general (DG) Federal Judicial Academy (FJA) on Tuesday briefed the National Assembly ...

Updated 21 Oct, 2020 03:25am

PARTLY FACETIOUS: The husband-wife story

"And that's how we have so many, many accidental heads of parties with no charisma, little education and no...

Updated 21 Oct, 2020 03:30am

Enduring Pakistan-UK ties highlighted

ISLAMABAD: British Chief of Defence Staff General Sir Nick Carter visited Pakistan on Monday 19 October highlighting...

Updated 21 Oct, 2020 03:25am

Pak youngsters shine in BRI talent competition

BEIJING: Pakistani youngsters came out with outstanding performance in BRI 3rd Silk Road and Young Dreams ...

Published 21 Oct, 2020 02:53am

National Assembly: Government lays 13 bills amid opposition's protest

ISLAMABAD: The opposition lawmakers in National Assembly on Tuesday surrounded speaker's dais, tore agenda copies ...

Updated 21 Oct, 2020 03:25am

Sindh to set up first medical, dental council

KARACHI: The Sindh government has decided to set up the Sindh Medical and Dental Council in the province. Sindh...

Updated 21 Oct, 2020 03:25am

SHC approves protective bail of Waqas

KARACHI: Sindh High Court (SHC) approved the protective bail of the man who filed a case against PML-N leader Capt...

Updated 21 Oct, 2020 03:25am

Marvi station to Hyderabad: Railways DS special inspection concludes

KARACHI: The two-day DS special inspection from Marvi station near Khokhrapar to Hyderabad was concluded by the...

Published 21 Oct, 2020 02:53am

Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 20, 2020)....

Published 21 Oct, 2020 02:53am

Exchange

LME official prices

LONDON: The following were Monday official prices....

Published 21 Oct, 2020 02:53am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (October 20, 2020)...

Published 21 Oct, 2020 02:53am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (October 20, 2020). ======================================= Offset...

Published 21 Oct, 2020 02:53am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 20, 2020)....

Published 21 Oct, 2020 02:53am

Currency

THE RUPEE: USD falls against PKR

KARACHI: On Tuesday, on market close, USD fell against PKR in both interbank and open markets while Euro went up in...

Published 21 Oct, 2020 02:53am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Tuesday (October 20, 2020)....

Published 21 Oct, 2020 02:53am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 21 Oct, 2020 02:53am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (October 20, 2020)....

Published 21 Oct, 2020 02:53am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Tuesday (October 20, 2020)...

Published 21 Oct, 2020 02:53am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ...

Published 21 Oct, 2020 02:53am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (October 20, 2020). ==================================== BR...

Published 21 Oct, 2020 02:53am

Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 21 Oct, 2020 02:53am

Exchange

Dividend/Bonus Announcements

KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange....

Published 21 Oct, 2020 02:53am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 21 Oct, 2020 02:53am

Exchange

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 21 Oct, 2020 02:53am

Exchange

Clearing Schedule for T+2 System

KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System....

Published 21 Oct, 2020 02:53am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 21 Oct, 2020 02:53am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Tuesday (October 20, 2020). ======================== Offer Price...

Published 21 Oct, 2020 02:53am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Tuesday (October 20, 2020). ======================== Offer Price...

Published 21 Oct, 2020 02:53am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Tuesday (October 20, 2020). ======================== Offer Price...

Published 21 Oct, 2020 02:53am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (October 20, 2020). ======================== Offer Price 1,432.4680...

Published 21 Oct, 2020 02:53am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Tuesday (October 20, 2020). ======================== Offer Price...

Published 21 Oct, 2020 02:53am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Tuesday (October 20, 2020). ======================== Offer Price...

Published 21 Oct, 2020 02:53am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Tuesday (October 20, 2020). ======================== Offer Price...

Published 21 Oct, 2020 02:53am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Tuesday (October 20, 2020). ======================== Offer Price...

Published 21 Oct, 2020 02:53am

Rates.EFU

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Tuesday (October 20, 2020). ======================== Offer Price...

Published 21 Oct, 2020 02:53am

Rates.JLI

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Tuesday (October 20, 2020). ======================== Offer ...

Published 21 Oct, 2020 02:53am

Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Tuesday (October 20, 2020). ======================== Offer Price...

Published 21 Oct, 2020 02:53am

Rates.JLI

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Tuesday (October 20, 2020). ======================== Offer Price...

Published 21 Oct, 2020 02:53am

Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Tuesday (October 20, 2020). ======================== Offer Price 1,168.3876 Bid...

Published 21 Oct, 2020 02:53am

Rates.JLI

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (October 20, 2020). ========================...

Published 21 Oct, 2020 02:53am

Rates.JLI

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (October 20, 2020). ========================...

Published 21 Oct, 2020 02:53am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Tuesday (October 20, 2020). ========================== KIBOR...

Published 21 Oct, 2020 02:53am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (October 20, 2020)....

Published 21 Oct, 2020 02:53am

Currency

Bill buying rates per unit of currency

KARACHI: Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank ...

Published 21 Oct, 2020 02:53am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (October 20, ...

Published 21 Oct, 2020 02:53am

Exchange

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...

Published 21 Oct, 2020 02:53am

Currency

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...

Published 21 Oct, 2020 02:53am

Price hike: Buzdar asked to pull his socks up

Exchange

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	278.62
USD PKR Interbank Buying / Apr 18	278.32
USD to Japanese Yen / Apr 18	154.30
USD to Swiss Franc / Apr 18	0.91
Pound Sterling to USD / Apr 18	1.25
Euro to USD / Apr 18	1.07

Stock	Volume
S&P 500 / Apr 17	5022.21
Nasdaq / Apr 17	15683.37
FTSE 100 / Apr 17	7847.99
Dow Jones / Apr 17	37735.31
Germany DAX 30 / Apr 17	17770.02
France CAC40 / Apr 17	7981.51
India Sensex / Apr 18	72965.85
Tokyo Nikkei / Apr 18	38103.03

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	21735
Gold 10 Grams PKR / Apr 17	215964
Petrol/Litre / Apr 18	293.94
Crude Oil USD/Barrel / Apr 18	82.77
Gold Spot USD/Ounce / Apr 18	2374.98
Diesel/Litre / Apr 18	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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