News Archives for Print - 2020-12-05

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Print - 2020-12-05

Petition relating to banning TikTok: IHC raises question over rules regarding social media

ISLAMABAD: Islamabad High Court (IHC) raising question over the government rules regarding social media said that...

Updated 05 Dec, 2020 03:31am

Second coronavirus wave: Serious challenges ahead if govt does not adopt effective measures: Fafen

ISLAMABAD: The country may face serious Covid-19 challenges in the ongoing second coronavirus wave, if the ...

Updated 05 Dec, 2020 03:31am

Members Pemra, Balochistan: Summary not approved by cabinet

ISLAMABAD: The Federal Cabinet has not approved a summary of Ministry of Information and Broadcasting on...

Updated 05 Dec, 2020 03:31am

Only Nadra-listed special persons to get govt's financial help

ISLAMABAD: Only those persons with disabilities who are listed in the official record of NADRA (National Database ...

Updated 05 Dec, 2020 03:31am

Tobacco companies post massive profits yet tax collection remains stagnant

ISLAMABAD: The three big tobacco companies, two multinationals and one local manufacturer, have posted massive...

Updated 05 Dec, 2020 03:35am

South Asia

Indian diamond ring sets world record

NEW DELHI: An elaborate floral-shaped ring sporting 12,638 tiny diamonds has earned a place in the Guinness World...

Updated 05 Dec, 2020 03:34am

Middle East

Beirut detains Lebanese-French businessman close to Sarkozy

BEIRUT: Lebanon has detained a Lebanese-French businessman who was close to former French president Nicolas Sarkozy...

Updated 05 Dec, 2020 03:34am

Biden vote lead over Trump widens to 7 million

WASHINGTON: Democrat Joe Biden's election margin over President Donald Trump widened to more than seven million ...

Updated 05 Dec, 2020 03:34am

China

China turns on nuclear-powered 'artificial sun'

BEIJING: China successfully powered up its "artificial sun" nuclear fusion reactor for the first time, state media...

Published 05 Dec, 2020 03:02am

China

Gas leak traps 23 Chinese miners underground

BEIJING: Twenty-three miners were trapped underground in a Chinese coal mine on Friday after a leak of carbon...

Published 05 Dec, 2020 03:02am

Asia

Bangladesh ships 1,600 Rohingya to controversial island

CHITTAGONG: Bangladesh transported more than 1,600 Rohingya refugees to a low-lying island on Friday in the first...

Published 05 Dec, 2020 03:02am

Europe

France threatens veto as 'difficult' Brexit talks drag on

BRUSSELS: European doubts over a post-Brexit trade deal with Britain boiled over on Friday with France threatening a...

Updated 05 Dec, 2020 03:34am

Australia announces Jahanzeb new honorary consul in Karachi

KARACHI: The Australian Government has announced the appointment of Jahanzeb Awan as its new Honorary Consul in...

Updated 05 Dec, 2020 03:37am

Adib Rizvi condoles death of Zafarullah Jamali

KARACHI: Prof Adib Rizvi Director of the Sindh Institute of Urology and Transplantation (SIUT) along with other ...

Updated 05 Dec, 2020 03:37am

'NAB recovers Rs466.069 billion from corrupt elements so far'

ISLAMABAD: The National Accountability Bureau (NAB) has so far recovered Rs 466.069 billion from corrupt elements....

Updated 05 Dec, 2020 03:37am

Noam Chomsky to deliver 6th Yohsin Lecture on 7th

KARACHI: Dr Noam Chomsky, the world-renowned linguist, philosopher, social critic and political activist, will be...

Published 05 Dec, 2020 03:02am

Reshma Plant, Gulf Power cases: AC adjourns hearing against Raja Ashraf till 15th

ISLAMABAD: The Accountability Court Friday adjourned hearing of Reshma Rental Power Plant (RPP) and Gulf Power...

Updated 05 Dec, 2020 03:37am

Advocates enrolled under IBC: SC demands verification of educational documents, licences

ISLAMABAD: The Supreme Court requested to order for the verification of educational documents and practicing ...

Published 05 Dec, 2020 03:02am

Foreign Secy meets new envoy: Full support for Afghan peace process reaffirmed

ISLAMABAD: Foreign Secretary Sohail Mahmood on Friday reaffirmed Pakistan's full support for Afghan peace process,...

Published 05 Dec, 2020 03:02am

Covid-19 tally reaches 410,072 in country

ISLAMABAD: Pakistan's Covid-19 infections tally Friday reached 410,072 after 3,262 new cases were detected in the...

Published 05 Dec, 2020 03:02am

PPP condemns 'digital dictatorship'

ISLAMABAD: The Pakistan Peoples Party (PPP) has urged the government to immediately withdraw the unlawful and...

Published 05 Dec, 2020 03:02am

Legal proceedings of Kulbhushan: Pakistan refutes Indian assertions

ISLAMABAD: Pakistan on Friday refuted the Indian Ministry of External Affairs (MEA)'s assertions regarding legal...

Published 05 Dec, 2020 03:02am

Centre, Sindh hold KCC meeting

KARACHI: A meeting of the Karachi coordination committee was held between the federation and the Sindh government on...

Published 05 Dec, 2020 03:02am

Int'l Day of Persons with Disabilities: Facebook partners with Deaf Reach

KARACHI: On International Day of Persons with Disabilities, Facebook had collaborated with Family Educational...

Published 05 Dec, 2020 03:02am

Persons with Disabilities: JI asks govt to scale up job quota

KARACHI: Jamaat-e-Islami (JI) on Friday asked the government to scale up the quota for differently-abled persons in...

Published 05 Dec, 2020 03:02am

Covid-19: Sindh records 1,664 new cases

KARACHI: Sindh witnessed 1,664 new cases out of 15,500 Covid-19 tests conducted while eight more patients died...

Published 05 Dec, 2020 03:02am

Sindh Assembly pays homage to late Jam Madad Ali Khan

KARACHI: The Sindh Assembly on Friday paid homage to its veteran legislator, Jam Madad Ali Khan on his demise,...

Published 05 Dec, 2020 03:02am

The Weather

KARACHI: The weather report on Friday (December 4, 2020) and the forecast for Saturday (December 5, 2020)....

Published 05 Dec, 2020 03:02am

Rates.BR Index

PSX stays in positive zone: BRIndex100 turns green

KARACHI: Pakistan Stock Exchange Friday closed the week on a positive note on the back of continuous buying in...

Published 05 Dec, 2020 03:01am

Letters

PIA transfers: some questions

This is apropos a Business Recorder news item "PIA decides to transfer 450 employees from Karachi to Islamabad"...

Published 05 Dec, 2020 03:01am

Civil servants

Prime Minister Imran Khan early this week approved the Civil Servants (Efficiency and Discipline) Rules, 2020 with a...

Published 05 Dec, 2020 03:01am

Private credit

Lately it was getting rather boring writing on the economy, which is the reason why there are already four episodes...

Published 05 Dec, 2020 03:01am

Is street economy panacea for the post-Covid recovery?

On June 1st this year, Chinese Premier visited stalls of street vendors in Yantai City of Shandong provinces. He...

Published 05 Dec, 2020 03:01am

Is a post-COVID currency war coming?

Financial markets' euphoric reaction to the recent COVID-19 vaccine breakthroughs and US election results is pushing...

Updated 05 Dec, 2020 04:16am

SKMCH Karachi construction work underway: Dr Aasim Yusuf

KARACHI: Construction work for the new Shaukat Khanum Memorial Cancer Hospital and Research Centre, Karachi, delayed...

Updated 05 Dec, 2020 03:31am

24 more die of Covid-19 in Punjab

LAHORE: Terming the second wave of COVID-19 as more dangerous, Special Assistant to CM on Information Dr Firdous...

Updated 05 Dec, 2020 03:31am

Diamond Paints celebrates event in Lahore

LAHORE: Diamond Paints Industries Pvt. Ltd. organized an event to celebrate their becoming Pakistan's No.1 paint...

Updated 05 Dec, 2020 03:31am

Firdous raps N-League, challenges to bring no confidence

LAHORE: Special Assistant to Punjab Chief Minister on Information Dr Firdous Ashiq Awan has said that the "N" from...

Updated 05 Dec, 2020 03:31am

FIR registered against PML-N leader ahead of PDM Lahore rally

LAHORE: Ahead of Pakistan Democratic Movement (PDM) December 13 rally at the Minar-e-Pakistan, the Anti-Corruption...

Updated 05 Dec, 2020 03:31am

Energy

Bill correction ratio only 0.5 percent at LESCO network: CEO

LAHORE: Bill correction in terms of misreading of electricity meters is 0.5 percent of total consumers of the Lahore...

Published 05 Dec, 2020 03:01am

Investing in technology sector: A primer - part-V - Investing (a)

This is the fifth article in the series regarding investing in the information and communications technology (ICT)...

Published 05 Dec, 2020 03:01am

NA speaker for timely completion of CPEC projects in KP

ISLAMABAD: National Assembly Speaker Asad Qaiser emphasised timely completion of the China-Pakistan Economic ...

Updated 05 Dec, 2020 03:31am

Energy

Oil rises as US mulls stimulus, OPEC+ compromises

• Brent six-month backwardation highest since February NEW YORK: Brent crude oil futures rose to just under $50 a...

Published 05 Dec, 2020 03:01am

Grains

Vietnamese coffee prices fall on rising stockpile

HANOI/BANDAR LAMPUNG: Domestic coffee prices in Vietnam narrowed this week on rising supplies as the 2020-21 harvest...

Published 05 Dec, 2020 03:01am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 124,794 tonnes of cargo comprising 101,120 tonnes of import cargo and 23,674 ...

Published 05 Dec, 2020 03:01am

Grains

Indian rice prices rise on fresh Chinese, African orders

BENGALURU/MUMBAI: Indian rice export prices rose this week as China started purchases for the first time in about...

Published 05 Dec, 2020 03:01am

Energy

US natural gas futures drop on milder weather

NEW YORK: US natural gas futures dropped almost 10% to an eight-week low on Thursday on forecasts for milder weather...

Published 05 Dec, 2020 03:01am

Grains

Euronext wheat futures fall to five-week low

PARIS: Euronext wheat futures fell further on Thursday to touch a five-week low as bumper Australian and Canadian...

Published 05 Dec, 2020 03:01am

Energy

Pipeline tariffs for shippers: Ogra reschedules public hearing date of SNGPL petition

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has rescheduled the public hearing on the Sui Northern Gas...

Published 05 Dec, 2020 03:01am

Energy

Hub Chowki to Bela Grid: KE to upgrade transmission network in Balochistan

KARACHI: As part of its phase-wise plan to transform and improve its entire transmission and distribution network,...

Published 05 Dec, 2020 03:01am

Rates.PSX

KSE-100 Index may reach up to 52,000 points by Dec 2021: AHL report

KARACHI: Arif Habib Limited (AHL) has reiterated the domestic equity market to be an attractive investment avenue ...

Published 05 Dec, 2020 03:01am

Rates.LME

LME official prices

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

Published 05 Dec, 2020 03:01am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (December 4, 2020)...

Published 05 Dec, 2020 03:01am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Friday (December 4, 2020). ======================================= Offset...

Published 05 Dec, 2020 03:01am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 4, 2020)....

Published 05 Dec, 2020 03:01am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (December 4, 2020). ======================== Bid Rate ...

Published 05 Dec, 2020 03:01am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (December 4, 2020)....

Published 05 Dec, 2020 03:01am

Rates.The Rupee

THE RUPEE: Gains vs dollar continue

KARACHI: On Friday, PKR continued to go up against USD in both interbank and open markets reflecting global trend of...

Published 05 Dec, 2020 03:01am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (December 4, 2020)....

Published 05 Dec, 2020 03:01am

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 05 Dec, 2020 03:01am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (December 4, 2020)....

Published 05 Dec, 2020 03:01am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Friday (December 4, 2020)...

Published 05 Dec, 2020 03:01am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 05 Dec, 2020 03:01am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (December 4, 2020). ==================================== BR...

Published 05 Dec, 2020 03:01am

Stocks

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

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

Published 05 Dec, 2020 03:01am

Rates.PSX

BOARD MEETINGS

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

Published 05 Dec, 2020 03:01am

Rates.PSX

Dividend/Bonus Announcements

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

Published 05 Dec, 2020 03:01am

Stocks

Last date of renunciation/payment

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

Published 05 Dec, 2020 03:01am

Rates.PSX

Proposed right issues

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

Published 05 Dec, 2020 03:01am

Rates.PSX

Clearing Schedule for T+2 System

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

Published 05 Dec, 2020 03:01am

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 05 Dec, 2020 03:01am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (December 4, 2020). ======================== Offer Price...

Published 05 Dec, 2020 03:01am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (December 4, 2020). ======================== Offer Price...

Published 05 Dec, 2020 03:01am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (December 4, 2020). ======================== Offer Price...

Published 05 Dec, 2020 03:01am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (December 4, 2020). ======================== Offer Price 1,430.7073...

Published 05 Dec, 2020 03:01am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (December 4, 2020). ======================== Offer Price...

Published 05 Dec, 2020 03:01am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (December 4, 2020). ======================== Offer Price...

Published 05 Dec, 2020 03:01am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (December 4, 2020). ======================== Offer Price...

Published 05 Dec, 2020 03:01am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (December 4, 2020). ======================== Offer Price...

Published 05 Dec, 2020 03:01am

Rates.EFU

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (December 4, 2020). ======================== Offer Price...

Published 05 Dec, 2020 03:01am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (December 4, 2020). ========================== KIBOR...

Published 05 Dec, 2020 03:01am

Rates.LIBOR

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (December 4, 2020)....

Published 05 Dec, 2020 03:01am

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 05 Dec, 2020 03:01am

Forex

Open market rates of foreign currencies

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

Published 05 Dec, 2020 03:01am

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 05 Dec, 2020 03:01am

Rates.SBP

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 05 Dec, 2020 03:01am

Rates.LIBOR

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Friday (December 4, ...

Published 05 Dec, 2020 03:01am

Forex

Currency notes: exchange rates

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

Published 05 Dec, 2020 03:01am

Forex

Exchange rates: buying and selling

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

Published 05 Dec, 2020 03:01am

Rates.Banks

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 05 Dec, 2020 03:01am

Rates.SBP

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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