News Archives for Print - 2020-11-03

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Print - 2020-11-03

Exchange

Sustainable investing advocates hope for friendlier US rules if Biden wins

Progressive groups and investors hope Democratic presidential nominee Joe Biden can win on Tuesday and quickly end...

Published 03 Nov, 2020 02:50am

Decline in MS, HSD prices

EDITORIAL: The government's decision to reduce the prices of Motor Spirit (MS) and High Speed Diesel (HSD) must be...

Published 03 Nov, 2020 02:50am

Government decides to establish Telecom Appellate Tribunal

ISLAMABAD: The federal government has decided to establish Telecom Appellate Tribunal Pakistan Telecommunications...

Published 03 Nov, 2020 02:50am

Exchange

Toshakhana case: Prosecution witness denies any document bearing Zardari's signature

ISLAMABAD: A prosecution witness, while testifying before the Accountability Court in Toshakhana case involving...

Published 03 Nov, 2020 02:50am

US election: Biden would be better for Pakistan: diplomats

ISLAMABAD: The victory of Joe Biden may prove to be slightly better for Pakistan as he is likely to reconsider US...

Published 03 Nov, 2020 02:50am

Africa

Algerian constitutional reform approved on record low turnout

ALGIERS: Algerians approved a revised version of the North African country's constitution with two thirds of votes...

Published 03 Nov, 2020 02:50am

Two children rescued days after deadly Turkey quake

BAYRAKLI, (Turkey): Rescuers pulled two children from the rubble in a town in Turkey on Monday, delivering hope...

Published 03 Nov, 2020 02:50am

Threat to journalists changing, says UN, after 57 deaths last year

PARIS: Journalists were more likely to be killed in the last two years for exposing corruption or rights violations...

Published 03 Nov, 2020 02:50am

France to ban Turkish ultra-nationalist Grey Wolves

PARIS: France plans to ban a Turkish ultra-nationalist group known as the Grey Wolves, the interior minister said...

Published 03 Nov, 2020 02:50am

Europe's Covid-19 curbs prompt pushback amid bleak countdown to Christmas

• Britain 'divided between the terrified and the furious' • French shopowners told not to challenge lockdown...

Published 03 Nov, 2020 02:50am

Rising Covid-19 cases: Punjab imposes micro-smart lockdown at several hotspots

LAHORE: With a view to curb rising coronavirus cases, the Punjab government has imposed micro-smart lockdown for 14...

Published 03 Nov, 2020 02:50am

18 driving license centres digitalized with online service

LAHORE: With a view to control the spread of corona virus and keep social distance, digitalization has been ...

Published 03 Nov, 2020 02:50am

Buzdar slams opposition leaders over anti-Pakistan statements

LAHORE: Slamming the opposition parties for ignoring the interests of Pakistan for their personal gains, Punjab ...

Published 03 Nov, 2020 02:50am

Money laundering, illegal assets: AC may indict Shehbaz, Hamza on next hearing

LAHORE: An accountability court on Monday adjourned to November 11 the proceedings in a money laundering and illegal...

Published 03 Nov, 2020 02:50am

Exchange

Pakistan, Saudi Arabia agree to promote digital cooperation

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi telephoned Saudi Minister for Communications and Information...

Published 03 Nov, 2020 02:50am

Foundation laying ceremony of Government Girls' College Tandojam held

HYDERABAD: MPA Sharjeel Inam Memon said that PPP has full filled it's another promise which we made during election...

Published 03 Nov, 2020 02:50am

PTCL to offer discount packages for ICAP members

KARACHI: Pakistan Telecommunication Company Limited (PTCL) has agreed to offer the Institute of Chartered ...

Published 03 Nov, 2020 02:50am

Petitions on pensions: SHC orders issuance of show-cause notices to KDA officials

KARACHI: Sindh High Court (SHC) has ordered to issuance of show-cause notices to sitting and former high officials ...

Published 03 Nov, 2020 02:50am

Celebrating 54th Raising Day Frontier Works Organization: Faizan Steel is ranked amongst Pakistan's leading steel rolling mills

With a legacy of over 30 years, Faizan Steel is guided by passion and trust to produce quality steel products and...

Published 03 Nov, 2020 02:50am

Celebrating 54th Raising Day Frontier Works Organization

Prologue Frontier Works Organization (FWO) came into being on 31 October 1966 to carve out land link across the...

Published 03 Nov, 2020 02:50am

The Weather

KARACHI: The weather report on Monday (November 2, 2020) and the forecast for Tuesday (November 3, 2020)....

Published 03 Nov, 2020 02:50am

Exchange

Stocks fall like nine pins on PSX: BRIndex100 plummets

KARACHI: Pakistan Stock Exchange on Monday nosedived due to panic selling in almost all sectors on investors ...

Published 03 Nov, 2020 02:50am

Letters

Under-utilization of KU's agri land

University of Karachi (KU) is spread over multi acres land, having 4 exit and entry main gates from four different...

Published 03 Nov, 2020 02:50am

Exchange

Portents of trouble ahead

The war of words and hostile rhetoric between the government and the opposition Pakistan Democratic Movement (PDM)...

Published 03 Nov, 2020 02:50am

Exchange

IMF projections

The latest IMF projection of key macroeconomic variables of the economy of Pakistan are contained in the October ...

Published 03 Nov, 2020 02:50am

Pink Residency case: AC records statement of another witness

ISLAMABAD: The accountability court hearing multi-billion rupees fake bank accounts case on Monday recorded the...

Published 03 Nov, 2020 02:50am

Roosevelt Hotel case: IHC issues notice to government

ISLAMABAD: The Islamabad High Court (IHC) Monday issued notice to the federal government, in a petition seeking...

Published 03 Nov, 2020 02:50am

Cabinet body finds Census 2017 controversial

ISLAMABAD: The Cabinet Committee on Census headed by the Federal Minister for Ports and Shipping, Ali Zaidi, has...

Published 03 Nov, 2020 02:50am

Shallwani directs revenue officers to achieve targets

KARACHI: Administrator Karachi Iftikhar Ali Shallwani on Monday directed revenue officers to achieve their targets ...

Published 03 Nov, 2020 02:50am

Stocks

Most major Gulf markets move higher

DUBAI: Most major Gulf markets ended higher on Monday, a day after a retreat in the region, with the Saudi index...

Published 03 Nov, 2020 02:50am

Stocks

Nikkei rebounds from 2-month low

TOKYO: Japan's Nikkei share average jumped on Monday, weathering the impact from downbeat US stocks late last week,...

Published 03 Nov, 2020 02:50am

Stocks

Factory data lifts European stocks

MILAN/FRANKFURT: European stocks started November trading on a strong footing as a rebound in factory activity ...

Published 03 Nov, 2020 02:50am

Stocks

China blue-chips end higher

SHANGHAI: China blue-chip shares finished higher on Monday after a private survey showed the fastest acceleration in...

Published 03 Nov, 2020 02:50am

Stocks

Monday's early trade: US indexes rebound as focus shifts to White House race

NEW YORK: Wall Street's major indexes bounced back on Monday after their steepest weekly loss since March, as...

Published 03 Nov, 2020 02:50am

Stocks

Australian shares up, NZ down

SYDNEY/WELLINGTON: Australian shares closed higher on a cautious note, as traders braced for restlessness during the...

Published 03 Nov, 2020 02:50am

Stocks

FTSE rises, lockdown anxiety hits mid-caps

LONDON: London's FTSE 100 index ended higher on Monday as Ocado led gains after raising its full year earnings...

Published 03 Nov, 2020 02:50am

Stocks

Early trade in New York: Dollar rises against basket of peers

NEW YORK: The US dollar hit one-month highs against a basket of peers on Monday and expected volatility in major...

Published 03 Nov, 2020 02:50am

Stocks

Safe-haven units up in Europe

LONDON: Tension grew on Monday before Tuesday's presidential election in the United States, with safe-haven...

Published 03 Nov, 2020 02:50am

Grains

European wheat higher, recent fall may be overdone

PARIS: European wheat edged higher in late trade on Friday as a sharp fall over the previous days was seen as...

Published 03 Nov, 2020 02:50am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 269,371 tonnes of cargo comprising 194,544 tonnes of import cargo and 74,827 ...

Published 03 Nov, 2020 02:50am

Education system: Elimination of class-based division top priority: PM

ISLAMABAD: Prime Minister Imran Khan on Monday said that elimination of the prevailing class-based division in the...

Published 03 Nov, 2020 02:50am

Alvi urges UN to implement UNSC resolutions on Kashmir

ISLAMABAD: President Dr Arif Alvi has urged the United Nations to take steps to implement Security Council...

Published 03 Nov, 2020 02:50am

SC has a set procedure for judges' promotions: Taj Haider

ISLAMABAD: Opposition is not and cannot promote a Judge of the Supreme Court of Pakistan as there is a set procedure...

Published 03 Nov, 2020 02:50am

Covid-19 claims 2 more lives in Sindh

KARACHI: As many as two more patients of Covid-19 died lifting the death toll to 2,633 and 443 new cases emerged ...

Published 03 Nov, 2020 02:50am

Maryam refutes claims of rift in Sharif family

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Vice President Maryam Nawaz has refuted the claims of division within...

Published 03 Nov, 2020 02:50am

PARTLY FACETIOUS: The criticality of a moustache

The criticality of a moustache "So Adolf Hitler or Charlie Chaplin!?" "Excuse me? Those two men were poles apart ...

Published 03 Nov, 2020 02:50am

Yarn Prices

No yarn shortage in country: APTMA

LAHORE: APTMA reiterates that there is no shortage of yarn in the country. In fact, the import of cotton yarn in the...

Published 03 Nov, 2020 02:50am

Grains

Wheat support price: Minister terms Sindh government's decision unwise

LAHORE: Senior Food Minister Punjab Abdul Aleem Khan has said that the decision of Sindh government to fix wheat...

Published 03 Nov, 2020 02:50am

Exchange

PSX holds gong ceremony for Agha Steel listing

KARACHI: Pakistan Stock Exchange (PSX) Monday held a gong ceremony upon listing of Agha Steel Industries Limited...

Published 03 Nov, 2020 02:50am

Exchange

LME official prices

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

Published 03 Nov, 2020 02:50am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (November 2, 2020)...

Published 03 Nov, 2020 02:50am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (November 2, 2020). ======================================= Offset...

Published 03 Nov, 2020 02:50am

Kerb

Pakistan Economic Indicators

KARACHI: Pakistan Economic Indicators - Monday (November 2, 2020)....

Published 03 Nov, 2020 02:50am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 2, 2020)....

Published 03 Nov, 2020 02:50am

Currency

THE RUPEE: Gains continue to grow

KARACHI: On Monday, on market close, PKR continued to gain value. It went up against USD in both interbank and open...

Published 03 Nov, 2020 02:50am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (November 2, 2020)....

Published 03 Nov, 2020 02:50am

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 03 Nov, 2020 02:50am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (November 2, 2020)....

Published 03 Nov, 2020 02:50am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Monday (November 2, 2020)...

Published 03 Nov, 2020 02:50am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 03 Nov, 2020 02:50am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (November 2, 2020). ==================================== BR...

Published 03 Nov, 2020 02:50am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 03 Nov, 2020 02:50am

Exchange

BOARD MEETINGS

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

Published 03 Nov, 2020 02:50am

Exchange

Dividend/Bonus Announcements

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

Published 03 Nov, 2020 02:50am

Stocks

Last date of renunciation/payment

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

Published 03 Nov, 2020 02:50am

Exchange

Proposed right issues

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

Published 03 Nov, 2020 02:50am

Exchange

Clearing Schedule for T+2 System

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

Published 03 Nov, 2020 02:50am

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 03 Nov, 2020 02:50am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Monday (November 2, 2020). ======================== Offer Price 1,385.8314...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (November 2, 2020). ========================== KIBOR...

Published 03 Nov, 2020 02:50am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (November 2, 2020)....

Published 03 Nov, 2020 02:50am

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 03 Nov, 2020 02:50am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Monday (November 2, ...

Published 03 Nov, 2020 02:50am

Forex

Currency notes: exchange rates

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

Published 03 Nov, 2020 02:50am

Forex

Exchange rates: buying and selling

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

Published 03 Nov, 2020 02:50am

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 03 Nov, 2020 02:50am

Currency

State Bank of Pakistan conversion rates

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

Published 03 Nov, 2020 02:50am

Fixing wheat support price a catch-22

ISLAMABAD: The federal cabinet is said to be facing a catch -22 situation on fixation of Minimum Support Price (MSP)...

Updated 03 Nov, 2020 03:13am

Cotton

CPI inflation up 1.70 percent MoM

ISLAMABAD: The Cons-umer Price Index-based inflation of October 2020 increased by 1.70 percent over September 2020,...

Published 03 Nov, 2020 02:50am

Cotton

Review of GIDC judgement: SC dismisses petitions

ISLAMABAD: The Supreme Court Monday, with a majority of two to one, dismissed the petitions seeking review of the...

Updated 03 Nov, 2020 03:13am

Provisional figures: Jul-Oct collection stands at Rs 1.337 trillion

ISLAMABAD: The Federal Board of Revenue's provisional revenue collection stood at Rs1,337 billion during ...

Updated 03 Nov, 2020 03:13am

Exchange

IMF insisting on contractionary policies

ISLAMABAD: With the International Monetary Fund (IMF) reportedly insisting on politically challenging contractionary...

Updated 03 Nov, 2020 03:13am

Covid-19 crisis: IMF tells G20 countries to 'keep spending'

WASHINGTON: The International Monetary Fund on Monday warned Group of 20 major economies that the coronavirus crisis...

Updated 03 Nov, 2020 03:13am

Exchange

Cabinet has a plateful of thorny issues

ISLAMABAD: The federal cabinet which is scheduled to meet on Tuesday (today) with Prime Minister, Imran Khan, in the...

Updated 03 Nov, 2020 03:13am

Exports register lower growth in October: Dawood

ISLAMABAD: The country's exports have registered lower growth in October 2020 compared to the corresponding period ...

Updated 03 Nov, 2020 03:13am

Trump dismisses 'fake' polls, Biden says time to end the 'chaos'

FAYETTEVILLE, (United States): President Donald Trump entered his final day of campaigning for reelection Monday by...

Updated 03 Nov, 2020 03:13am

PR pension liability: MoF says cannot bear additional burden

ISLAMABAD: Finance Ministry is said to have opposed transferring pension liability of Pakistan Railways (PR) to the...

Updated 03 Nov, 2020 03:13am

SECP allows cash dividend to NRVA holders

Exchange

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 27	293.94

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

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