News Archives for Print - 2020-10-30

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Print - 2020-10-30

Ufone introduces another rewarding offer for customers

ISLAMABAD: Pakistani telecom company, Ufone, has introduced another rewarding offer for its customers by providing...

Published 30 Oct, 2020 02:54am

Exchange

Faraz tells Senate: Country’s enemies trying to sabotage CPEC

ISLAMABAD: Information Minister Shibli Faraz said in the Senate on Thursday that enemies of Pakistan were trying to...

Updated 30 Oct, 2020 03:22am

Exchange

Toshakhana case: AC adjourns hearing till Nov 2

ISLAMABAD: The Accountability Court hearing multi-billion rupee fake bank account cases on Thursday did not record...

Updated 30 Oct, 2020 03:22am

Roosevelt Hotel: IHC moved against purported sell-off plan

ISLAMABAD: A writ petition was filed on Thursday in the Islamabad High Court (IHC) to direct the government not to...

Updated 30 Oct, 2020 03:21am

FPSP-III to improve approaches to flood management

KARACHI: Flood Protection Sector Project-III (FPSP-III), to be undertaken across the country will improve...

Updated 30 Oct, 2020 03:20am

Covid-19: Talks on FTA halted owing to pandemic: Indonesia envoy

KARACHI: Consul General of Indonesia Totok Prianamto has said that due to corona virus outbreak deliberation on Free...

Updated 30 Oct, 2020 03:20am

Port Qasim Road carpeting: KCCI chief voices concern over massive traffic jam

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) M Shariq Vohra while expressing deep concern...

Updated 30 Oct, 2020 03:19am

Currency

‘Two large pods of pantropical spotted dolphins sighted in the Pakistani waters’

KARACHI: In a rare occurrence, two large pods of pantropical spotted dolphins were recently sighted in Pakistani...

Updated 30 Oct, 2020 03:19am

Exchange

UBG forms alliance with BBG for FPCCI elections

KARACHI: United Business Group and newly formed National Businessmen Group on Thursday formally announced their...

Published 30 Oct, 2020 02:54am

Shallwani gives approval to Covid-19 awareness campaign

KARACHI: Administrator Karachi Iftikhar Ali Shallwani on Thursday gave approval to resolution seeking awareness...

Updated 30 Oct, 2020 03:18am

Eid Milad-un-Nabi (PBUH): Elaborate security arrangements made for processions

LAHORE: The Punjab police disclosed on Thursday that nearly 60,000 police officers including volunteers would ensure...

Updated 30 Oct, 2020 03:17am

HTL bags best corporate report award

KARACHI: HTL is proud to have been declared as one of the top 4 companies at this year’s Best Corporate Report...

Published 30 Oct, 2020 02:54am

Punjab reports 273 fresh Covid-19 cases, 5 deaths

LAHORE: There is slight surge in coronavirus cases, as Punjab has reported 273 new Covid-19 cases and five ...

Updated 30 Oct, 2020 03:17am

CM announces Rs5bn package for affectees of Hafeez Centre fire

LAHORE: Punjab Chief Minister Sardar Usman Buzdar on Thursday announced Rs 5 billion relief package for the ...

Published 30 Oct, 2020 02:54am

PPMA expresses gratitude to PM for considering recommendations

KARACHI: The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has expressed gratitude to Prime Minister...

Published 30 Oct, 2020 02:54am

Smog control: LHC expresses dissatisfaction over govt’s actions

LAHORE: The Lahore High Court on Thursday expressed its dissatisfaction over the government’s actions to control...

Published 30 Oct, 2020 02:54am

Cancer cases rise in Pakistan

LAHORE: Pakistan ranks seventh in the world in terms of the number of deaths from breast cancer while it has the...

Published 30 Oct, 2020 02:54am

PNSC Group achieves highest Q1 profit

KARACHI: Despite the challenges posed by COVID-19 pandemic, Pakistan’s economy has started showing signs of...

Published 30 Oct, 2020 02:54am

Traffic smoke catalysing smog in Punjab: minister

LAHORE: Traffic smoke is the major cause of the smog in Punjab contributing 43 percent in the environment pollution,...

Published 30 Oct, 2020 02:54am

VCs demand special Covid package for universities

ISLAMABAD: The vice chancellors of all the public and private universities have requested the government to provide ...

Published 30 Oct, 2020 02:54am

FBR, power & gas cos responsible for country’s ‘destruction’: minister

ISLAMABAD: Minister for Narcotics Control Azam Khan Swati Thursday held the Federal Board of Revenue (FBR), power...

Published 30 Oct, 2020 02:54am

Ministry, RSIL sign MoU

ISLAMABAD: In order to promote the awareness and understanding of laws and legal obligations for the public,...

Published 30 Oct, 2020 02:54am

LHC seeks reply from govt over corona slogan

LAHORE: The Lahore High Court sought a report from the federal government within a week in a petition challenging...

Published 30 Oct, 2020 02:54am

Airbus flies into red

PARIS: European aircraft maker Airbus said Thursday that one-off charges related to the deep job cuts announced...

Published 30 Oct, 2020 02:54am

France, Germany head towards lock down as virus surges in Europe

PARIS: Bars, restaurants and services prepared Thursday to shut down in France and Germany as countries around the...

Updated 30 Oct, 2020 03:17am

21 dead in Vietnam typhoon

QUANG NAM, (Vietnam): Twenty-one people have been killed and dozens more were feared dead on Thursday after a ...

Published 30 Oct, 2020 02:54am

US tests intercontinental ballistic missile

WASHINGTON: The United States said it successfully tested an unarmed Minuteman III intercontinental ballistic ...

Published 30 Oct, 2020 02:54am

US passports to list ‘Israel’ for birth in Jerusalem

WASHINGTON: The United States said Thursday that its citizens born in Jerusalem will be able to list Israel as their...

Published 30 Oct, 2020 02:54am

US plans sales of top-end fighter jets to UAE

WASHINGTON: The United States has agreed to sell top-of-the-line F-35 fighter jets to the United Arab Emirates...

Published 30 Oct, 2020 02:54am

Economic satire: EP 2: Rich get richer

That was definitely not the reaction the Assistant had imagined; after all it would be demeaning to associate the...

Published 30 Oct, 2020 02:54am

Need for ‘green economic recovery’

‘For a while in the early stages of the Covid-19 pandemic, there were high hopes for a V-shaped recovery. After a...

Published 30 Oct, 2020 02:54am

One in four adults could suffer stroke in lifetime: experts

ISLAMABAD: Experts emphasized the need to raise awareness about stroke risks and prevention in a seminar held at...

Published 30 Oct, 2020 02:54am

Telenor Pakistan bags Network Transformation Award

ISLAMABAD: Telenor Pakistan has bagged the Network Transformation Award for the “USF - Extreme remote coverage...

Published 30 Oct, 2020 02:54am

The Weather

KARACHI: The weather report on Thursday (October 29, 2020) and the forecast for Friday (October 30, 2020)....

Published 30 Oct, 2020 02:54am

Exchange

KSE-100 Index bleeds: BRIndex100 nosedives

KARACHI: Pakistan Stock Exchange Thursday nosedived due to panic selling on investor concerns over increasing...

Published 30 Oct, 2020 02:54am

Energy

FCA mechanism: Discos may be allowed to increase Sept tariffs

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Thursday hinted that it would allow Distribution...

Published 30 Oct, 2020 02:54am

Stocks

Saudi, Qatar bourses down

DUBAI: Saudi Arabian shares ended lower on Thursday as investors shunned stocks across the board amid tumbling oil...

Published 30 Oct, 2020 02:54am

Stocks

European stocks fall after ECB holds fire

MILAN/FRANKFURT: European stocks ended a volatile Thursday weaker, hitting session lows after the European Central...

Published 30 Oct, 2020 02:54am

Stocks

China shares up

SHANGHAI: China stocks reversed earlier losses to close higher on Thursday, bucking a global selloff, supported by...

Published 30 Oct, 2020 02:54am

Stocks

Thursday’s early trade: Stocks gain ground

NEW YORK: US stocks gained ground on Thursday as investors piled into technology heavyweights ahead of their ...

Published 30 Oct, 2020 02:54am

Stocks

US stocks sink 3pc, Dow at late July lows

NEW YORK: US stocks tumbled on Wednesday, with the Dow closing at lows last seen in late July, as coronavirus cases...

Published 30 Oct, 2020 02:54am

Stocks

Australian, NZ shares down

SYDNEY/WELLINGTON: Australian shares on Thursday closed at their lowest level in more than three weeks as surging...

Published 30 Oct, 2020 02:54am

Stocks

Japan stocks fall

TOKYO: Japanese shares fell to a one-month low on Thursday weighed by concerns about fresh coronavirus lockdowns in...

Published 30 Oct, 2020 02:54am

Stocks

London stocks fall

LONDON: London stocks fell on Thursday as concerns that a resurgence in coronavirus cases might derail a fragile...

Published 30 Oct, 2020 02:54am

Grains

Vietnamese rice export prices rise on thin supplies

HANOI: Vietnamese rice export prices rose this week as supplies were thinned by floods and landslides, while...

Published 30 Oct, 2020 02:54am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 159,551 tonnes of cargo comprising 118,742 tonnes of import cargo and 40,809 ...

Published 30 Oct, 2020 02:54am

Energy

Shell rebounds into profit

LONDON: Anglo-Dutch oil titan Royal Dutch Shell on Thursday logged third-quarter net profit of $489 million (415...

Published 30 Oct, 2020 02:54am

Cotton & Textile

New York cotton

NEW YORK: The following were the fluctuations observed during the day:...

Published 30 Oct, 2020 02:54am

Cotton & Textile

Cotton futures slip

NEW YORK: ICE cotton futures fell to a near two-week low on Thursday, hurt by a stronger dollar and as rising...

Published 30 Oct, 2020 02:54am

Energy

Oil extends losses with 4pc slump on renewed lockdowns

• Libya oil production rises to 680,000 bpd • Hurricane Zeta impact on oil output to be short-lived NEW YORK:...

Published 30 Oct, 2020 02:54am

Exchange

‘Tax potential’

This is apropos a Business Recorder editorial “Tax potential” carried by the newspaper on Wednesday in which the...

Published 30 Oct, 2020 02:54am

Make Science Great Again: US researchers dream of life after Trump

From his lab in Toulouse, France, Benjamin Sanderson models the range of extreme risks to humans from climate ...

Published 30 Oct, 2020 02:54am

Energy

CPEC’s M-6 project: govt considering taking PPP mode

ISLAMABAD: The government intends to take Sukkur-Hyderabad Motorway (M-6), a critical component of the ...

Published 30 Oct, 2020 02:54am

Energy

IPI suggests increased use of FO for power production

ISLAMABAD: The Islamabad Policy Institute (IPI) Thursday proposed increased use of furnace oil for power production,...

Published 30 Oct, 2020 02:54am

Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (October 29, 2020)....

Published 30 Oct, 2020 02:54am

Exchange

LME official prices

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

Published 30 Oct, 2020 02:54am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (October 29, 2020)...

Published 30 Oct, 2020 02:54am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (October 29, 2020). ======================================= Offset...

Published 30 Oct, 2020 02:54am

Kerb

Pakistan Economic Indicators

KARACHI: Pakistan Economic Indicators - Thursday (October 29, 2020)....

Published 30 Oct, 2020 02:54am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 29, 2020)....

Published 30 Oct, 2020 02:54am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (October 29, 2020). ======================== Bid Rate...

Published 30 Oct, 2020 02:54am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (October 29, 2020)....

Published 30 Oct, 2020 02:54am

Currency

THE RUPEE: Gains on rise

KARACHI: On Thursday, on market close, PKR continued its upward gain. It went up against USD in both interbank and...

Published 30 Oct, 2020 02:54am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (October 29, 2020)....

Published 30 Oct, 2020 02:54am

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 30 Oct, 2020 02:54am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Thursday (October 29, 2020)....

Published 30 Oct, 2020 02:54am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Thursday (October 29, 2020)...

Published 30 Oct, 2020 02:54am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 30 Oct, 2020 02:54am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (October 29, 2020). ==================================== BR...

Published 30 Oct, 2020 02:54am

Exchange

BOARD MEETINGS

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

Published 30 Oct, 2020 02:54am

Stocks

Last date of renunciation/payment

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

Published 30 Oct, 2020 02:54am

Exchange

Proposed right issues

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

Published 30 Oct, 2020 02:54am

Exchange

Clearing Schedule for T+2 System

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

Published 30 Oct, 2020 02:54am

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 30 Oct, 2020 02:54am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (October 29, 2020). ======================== Offer Price...

Published 30 Oct, 2020 02:54am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (October 29, 2020). ======================== Offer Price...

Published 30 Oct, 2020 02:54am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (October 29, 2020). ======================== Offer Price...

Published 30 Oct, 2020 02:54am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (October 29, 2020). ======================== Offer Price ...

Published 30 Oct, 2020 02:54am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (October 29, 2020). ======================== Offer Price...

Published 30 Oct, 2020 02:54am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Thursday (October 29, 2020). ======================== Offer Price...

Published 30 Oct, 2020 02:54am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Thursday (October 29, 2020). ======================== Offer Price...

Published 30 Oct, 2020 02:54am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Thursday (October 29, 2020). ======================== Offer Price...

Published 30 Oct, 2020 02:54am

Rates.EFU

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Thursday (October 29, 2020). ======================== Offer Price...

Published 30 Oct, 2020 02:54am

Rates.JLI

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Thursday (October 29, 2020). ======================== Offer ...

Published 30 Oct, 2020 02:54am

Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Thursday (October 29, 2020). ======================== Offer Price...

Published 30 Oct, 2020 02:54am

Rates.JLI

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Thursday (October 29, 2020). ======================== Offer Price...

Published 30 Oct, 2020 02:54am

Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Thursday (October 29, 2020). ======================== Offer Price 1,148.6241 ...

Published 30 Oct, 2020 02:54am

Rates.JLI

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Thursday (October 29, 2020). ========================...

Published 30 Oct, 2020 02:54am

Rates.JLI

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Thursday (October 29, 2020). ========================...

Published 30 Oct, 2020 02:54am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (October 29, 2020). ========================== KIBOR...

Published 30 Oct, 2020 02:54am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Thursday (October 29, 2020)....

Published 30 Oct, 2020 02:54am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 30 Oct, 2020 02:54am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (October...

Published 30 Oct, 2020 02:54am

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 30 Oct, 2020 02:54am

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 30 Oct, 2020 02:54am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (October 29,...

Published 30 Oct, 2020 02:54am

Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...

Published 30 Oct, 2020 02:54am

Forex

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (October...

Published 30 Oct, 2020 02:54am

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 30 Oct, 2020 02:54am

Currency

State Bank of Pakistan conversion rates

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

Published 30 Oct, 2020 02:54am

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 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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