News Archives for Print - 2020-11-14

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Print - 2020-11-14

Do away with subsidies

As reported in the press, the federal cabinet, in its meeting early this week, was surprised to learn that the...

Published 14 Nov, 2020 02:52am

CDA for timely completion of pedestrian bridges

ISLAMABAD: The Capital Development Authority (CDA) chairman has directed the relevant authorities to ensure the...

Updated 14 Nov, 2020 03:15am

AC adjourns hearing in Thatta water supply reference

ISLAMABAD: The Accountability Court on Friday adjourned hearing of Thatta water supply reference involving former...

Updated 14 Nov, 2020 03:21am

Rs 299.71 billion released for various projects under PSDP

ISLAMABAD: The federal government has released Rs299.71 billion (46.12 percent) including Rs31.2 billion foreign aid...

Updated 14 Nov, 2020 03:28am

2,304 new coronavirus cases in 24 hours

ISLAMABAD: Pakistan recorded 2,304 new coronavirus cases in the past 24 hours, witnessing a 27 percent jump as 500...

Updated 14 Nov, 2020 03:29am

PPP MPA Jam Madad Ali dies of coronavirus

KARACHI: A senior politician and Pakistan People's Party (PPP) Member of Sindh Assembly from Sanghar Jam Madad Ali...

Updated 14 Nov, 2020 03:22am

Water commission's orders: Commissioner directs DCs to ensure implementation

HYDERABAD: The Divisional Commissioner Hyderabad Mohammed Abbas Baloch directed the Deputy Commissioners of the...

Updated 14 Nov, 2020 03:28am

Judicial proceedings remained suspended in Sindh

KARACHI: Judicial proceedings in higher and lower courts remained suspended on Friday to mourn the death of the ...

Published 14 Nov, 2020 02:52am

'Covid-19 affected education of 40 million students in Pakistan'

KARACHI: The Faculty of Liberal Arts and Human Sciences (FLAHS), Ziauddin University (ZU), conducted its first...

Updated 14 Nov, 2020 03:14am

PARTLY FACETIOUS: Urdu-medium Maryam and English-medium Bilawal?

"Did you hear Maryam Nawaz?" "Not fair - she gets interviewed by the Urdu service with limited viewership while...

Published 14 Nov, 2020 02:52am

TikTok gets reprieve

WASHINGTON: The US government announced Thursday it would delay enforcement of a ban on TikTok, saying it would...

Published 14 Nov, 2020 02:52am

Asia

Suu Kyi's party in landslide victory

YANGON: Aung San Suu Kyi's ruling party swept to a landslide win in Myanmar's election, official results showed...

Published 14 Nov, 2020 02:52am

Whole world must benefit from vaccine: WHO chief

GENEVA: The head of the World Health Organization hailed the rapid progress towards a Covid-19 vaccine but insisted...

Updated 14 Nov, 2020 03:21am

NY shuts early as global daily virus deaths top 10,000

NEW YORK: Bars and restaurants in New York will shut early on Friday under fresh curbs designed to slow soaring ...

Updated 14 Nov, 2020 03:38am

Europe

EU backs tighter borders and online terror rules

BRUSSELS: European Union ministers agreed Friday to reinforce security at the bloc's external borders and to impose...

Updated 14 Nov, 2020 03:21am

CM approves roads projects worth Rs14bn through PPP mode

LAHORE: Chief Minister Punjab Sardar Usman Buzdar, while chairing the 5th meeting of public-private partnership...

Published 14 Nov, 2020 02:52am

Currency

Covid-19: Punjab reports highest number of deaths since July

LAHORE: Punjab has reported 601 coronavirus fresh cases and 17 deaths during the last 24 hours taking the provincial...

Updated 14 Nov, 2020 03:33am

World Diabetes Day today

LAHORE: With the theme of Diabetes and Services of Nurses, the World Diabetes Day-2020 is being marked on Saturday...

Published 14 Nov, 2020 02:52am

Government committed to converting youth into economic force: Advisor

LAHORE: The government is fully committed to convert the youth of Pakistan into an economic force as the country has...

Published 14 Nov, 2020 02:52am

LDA seals seven buildings

LAHORE: The Lahore Development Authority (LDA) on Friday sealed seven buildings for defaulting on commercialization...

Published 14 Nov, 2020 02:52am

ACE registers FIR against PML-N's ex-minister's father, beneficiaries

LAHORE: A day after initiating action against PML-N senior leader Khwaja Muhammad Asif, the Anti-Corruption...

Updated 14 Nov, 2020 03:18am

Industry

Purchase of sugarcane, payments made: Commissioner seeks 2-year data from sugar mills in 7 days

LAHORE: The Cane Commissioner Punjab has directed the sugar mills to provide complete information of cane purchased...

Updated 14 Nov, 2020 03:35am

Pakistan condemns shooting at Saudi embassy in The Hague

ISLAMABAD: Pakistan on Friday strongly condemned the shooting incident that targeted the Embassy of the Kingdom of...

Published 14 Nov, 2020 02:52am

Corona pandemic: APPSCA rules out closure of educational institutes

ISLAMABAD: Private schools and colleges associations have ruled out possible closure of educational institutes, and...

Updated 14 Nov, 2020 03:24am

PML-N for maximum participation of masses in PDM's rallies

ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) has asked its district-level leadership to mobilise masses for...

Published 14 Nov, 2020 02:52am

Ehsaas Waseela-e-Taleem Programme: Government makes 'cost-effective changes' to end reliance on NGOs

ISLAMABAD: The federal government authorities claim they have made 'cost-effective changes' and developed...

Updated 14 Nov, 2020 03:20am

PM likely to visit Afghanistan next week

ISLAMABAD: Prime Minister Imran Khan is expected to pay a day long visit to Afghanistan next week to discuss issues...

Published 14 Nov, 2020 02:52am

PNS Tabuk joins naval fleet after commissioning ceremony in Romania

ISLAMABAD: The newly built Pakistan Navy Ship (PNS) TABUK joined the naval fleet after its commissioning ceremony ...

Updated 14 Nov, 2020 03:19am

Covid-19: Entry in Court Room No 3 to be through special passes, says SC

ISLAMABAD: Supreme Court of Pakistan on Friday announced that due to 'second wave' of the coronavirus, the entry in...

Published 14 Nov, 2020 02:52am

Islamabad to Karachi: SC returns Zardari's plea seeking transfer of cases

ISLAMABAD: The Supreme Court on Friday returned the petition of former president Asif Ali Zardari with objections to...

Updated 14 Nov, 2020 03:28am

Pakistan rejects Indian ministry's 'gratuitous' statement

ISLAMABAD: Pakistan on Friday categorically rejected the Indian external affairs ministry's 'gratuitous' statement...

Published 14 Nov, 2020 02:52am

The Weather

KARACHI: The weather report on Friday (November 13, 2020) and the forecast for Saturday (November 14, 2020)....

Published 14 Nov, 2020 02:52am

Exchange

KSE-100 Index inches up: BRIndex100 ends flat

KARACHI: Pakistan Stock Exchange Friday witnessed a mixed trend as investors remained cautious and took fresh...

Published 14 Nov, 2020 02:52am

France to urge US to remain in Afghanistan and Iraq

PARIS: The French government will tell Secretary of State Mike Pompeo, who is preparing for a visit to Paris, that...

Published 14 Nov, 2020 02:52am

Letters

Rise in sugar price

This is apropos a Business Recorder editorial "The sugar price continues to rise" carried by the newspaper ...

Published 14 Nov, 2020 02:52am

Hope for Bollywood stars' dilapidated homes in Pakistan

Tucked away near the centuries-old Storytellers' Bazaar, the decaying mansions once home to Bollywood superstars are...

Published 14 Nov, 2020 02:52am

Poorer nations face vaccine wait as West locks down supply

Hailed this week as a pandemic game-changer, the new Covid-19 vaccine offered countries that had pre-ordered doses a...

Published 14 Nov, 2020 02:52am

In the foot

It was bad enough that we made a mess of an already horrible system of selecting a King, now the Americans seem to ...

Published 14 Nov, 2020 02:52am

Energy

NSGPP agreement to be signed: Russian delegation arrives next week

ISLAMABAD: A Russian technical delegation is scheduled to arrive in Pakistan on Monday for three days to discuss the...

Published 14 Nov, 2020 02:52am

Commodities

Gold up

KARACHI: Gold on Friday grew by Rs400 per tola on the local market, traders said. This increase of Rs400 in the...

Updated 14 Nov, 2020 03:25am

Energy

Oil falls on rising Libya output, coronavirus surge

NEW YORK: Oil prices fell about 2% on Friday, pressured by swelling output from Libya and fears that rising...

Updated 14 Nov, 2020 03:25am

Commodities

Gold gains in NY

NEW YORK: Gold rose on Friday as increasing coronavirus infections globally re-ignited concerns about the economic...

Updated 14 Nov, 2020 03:25am

Cotton & Textile

New York cotton

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

Published 14 Nov, 2020 02:52am

Commodities

Aluminium hits highest in nearly 20 months

LONDON: Aluminium prices hit their highest in nearly 20 months on Friday as speculators pushed prices higher due to...

Updated 14 Nov, 2020 03:25am

Commodities

Palm oil falls

KAULA LUMPUR: Malaysian palm oil futures fell for a second day on Friday, tracking losses in rival oils on the...

Published 14 Nov, 2020 02:52am

Grains

Vietnamese rice prices rise on fresh Chinese, Philippine orders

HANOI: Vietnamese rice export prices rose this week on fresh orders from the Philippines and China, while the onset...

Published 14 Nov, 2020 02:52am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 114,252 tonnes of cargo comprising 91,427 tonnes of import cargo and 22,825 tonnes...

Published 14 Nov, 2020 02:52am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (November 13, 2020)....

Published 14 Nov, 2020 02:52am

Cotton & Textile

Trade activity remains steady on cotton market

KARACHI: The local cotton market remained stable on Friday. Market sources told that mills were involved in cautious...

Published 14 Nov, 2020 02:52am

Commodities

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 9.042...

Published 14 Nov, 2020 02:52am

Energy

US natural gas futures ease as output rises

NEW YORK: US natural gas futures eased on Thursday following a rise in oil prices this week that will likely result...

Updated 14 Nov, 2020 03:25am

Energy

China's coking coal futures jump on tight supplies

BEIJING: Coking coal futures on China's Dalian Commodity Exchange rose for a second day on Thursday, up nearly 3% by...

Published 14 Nov, 2020 02:52am

Grains

Rains in Vietnam slow coffee harvest

HANOI/BANDAR LAMPUNG: Fresh coffee supply from Vietnam's 2020/21 harvest is yet to pick up as heavy rains in key...

Published 14 Nov, 2020 02:52am

Grains

Euronext wheat falls after 3-week high

PARIS: Euronext wheat fell on Thursday to ease back from a three-week high struck the previous day, as a retreat in...

Published 14 Nov, 2020 02:52am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time). 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE...

Updated 14 Nov, 2020 03:14am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (November 13, 2020)...

Published 14 Nov, 2020 02:52am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (November 13, 2020). ======================== Bid Rate...

Published 14 Nov, 2020 02:52am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (November 13, 2020)....

Published 14 Nov, 2020 02:52am

Currency

THE RUPEE: Upward gain continues

KARACHI: On Friday, PKR continued to gain value against USD in both interbank and open markets. It also went up...

Published 14 Nov, 2020 02:52am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (November 13, 2020)....

Published 14 Nov, 2020 02:52am

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 14 Nov, 2020 02:52am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Friday (November 13, 2020)...

Published 14 Nov, 2020 02:52am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 14 Nov, 2020 02:52am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (November 13, 2020). ==================================== BR...

Published 14 Nov, 2020 02:52am

Stocks

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

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

Published 14 Nov, 2020 02:52am

Exchange

BOARD MEETINGS

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

Published 14 Nov, 2020 02:52am

Exchange

Dividend/Bonus Announcements

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

Published 14 Nov, 2020 02:52am

Stocks

Last date of renunciation/payment

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

Published 14 Nov, 2020 02:52am

Exchange

Proposed right issues

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

Published 14 Nov, 2020 02:52am

Exchange

Clearing Schedule for T+2 System

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

Published 14 Nov, 2020 02:52am

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 14 Nov, 2020 02:52am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (November 13, 2020). ======================== Offer Price...

Published 14 Nov, 2020 02:52am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (November 13, 2020). ======================== Offer Price...

Published 14 Nov, 2020 02:52am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (November 13, 2020). ======================== Offer Price...

Published 14 Nov, 2020 02:52am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (November 13, 2020). ======================== Offer Price 1,400.8796...

Published 14 Nov, 2020 02:52am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (November 13, 2020). ======================== Offer Price...

Published 14 Nov, 2020 02:52am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (November 13, 2020). ======================== Offer Price...

Published 14 Nov, 2020 02:52am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (November 13, 2020). ======================== Offer Price...

Published 14 Nov, 2020 02:52am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (November 13, 2020). ======================== Offer Price...

Published 14 Nov, 2020 02:52am

Rates.EFU

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (November 13, 2020). ======================== Offer Price...

Published 14 Nov, 2020 02:52am

Rates.JLI

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (November 13, 2020). ======================== Offer ...

Published 14 Nov, 2020 02:52am

Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (November 13, 2020). ======================== Offer Price...

Published 14 Nov, 2020 02:52am

Rates.JLI

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (November 13, 2020). ======================== Offer Price...

Published 14 Nov, 2020 02:52am

Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meesaq Fund Rates on Friday (November 13, 2020). ======================== Offer Price 1,158.8943 Bid...

Published 14 Nov, 2020 02:52am

Rates.JLI

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (November 13, 2020). ========================...

Published 14 Nov, 2020 02:52am

Rates.JLI

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (November 13, 2020). ========================...

Published 14 Nov, 2020 02:52am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (November 13, 2020)....

Published 14 Nov, 2020 02:52am

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 14 Nov, 2020 02:52am

Forex

Open market rates of foreign currencies

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

Published 14 Nov, 2020 02:52am

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 14 Nov, 2020 02:52am

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 14 Nov, 2020 02:52am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Friday (November 13, ...

Published 14 Nov, 2020 02:52am

Forex

Currency notes: exchange rates

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

Published 14 Nov, 2020 02:52am

Forex

Exchange rates: buying and selling

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

Published 14 Nov, 2020 02:52am

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 14 Nov, 2020 02:52am

Currency

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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