News Archives for Print - 2021-06-15

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Print - 2021-06-15

KPL announces Player Draft Event on July 3

ISLAMABAD: Kashmir Premier League (KPL) announced on Monday, at a local hotel, the Player Draft Event which is...

Published 15 Jun, 2021 03:30am

Ukraine leader says Biden should have met him before Putin summit

KIEV: Ukrainian leader Volodymyr Zelensky Monday said US President Joe Biden should have met him before his...

Published 15 Jun, 2021 03:30am

Toshiba apologises to shareholders after vote probe

TOKYO: Toshiba apologised to shareholders Monday and said it would remove two directors after a probe found the...

Published 15 Jun, 2021 03:30am

One dead in Minneapolis after man drives into crowd of protestors

MINNEAPOLIS: A woman was killed and three other people injured when a man drove into a crowd of demonstrators who...

Published 15 Jun, 2021 03:30am

GE and Safran plan next-generation jet engines

PARIS: General Electric and Safran signed Monday a deal extending their cooperation as they set their sights on...

Published 15 Jun, 2021 03:30am

Sri Lanka arrests captain over ship fire pollution

COLOMBO: The Russian skipper of a container ship that caught fire and burned for almost two weeks before sinking off...

Published 15 Jun, 2021 03:30am

5.7 magnitude quake rocks southern Philippines

MANILA: A 5.7 magnitude earthquake rocked the southern Philippines Monday, the US Geological Survey said, with local...

Published 15 Jun, 2021 03:30am

Leaders say NATO will keep Kabul airport running

BRUSSELS: NATO leaders agreed Monday to maintain funding for Kabul’s civilian airport after their military mission...

Published 15 Jun, 2021 03:30am

England delays Covid reopening for four weeks: PM

LONDON: British Prime Minister Boris Johnson on Monday announced a four-week delay to the full lifting of ...

Published 15 Jun, 2021 03:30am

Philippines extends military deal with US

MANILA: The Philippines will extend a key military pact with the United States for another six months, its foreign...

Published 15 Jun, 2021 03:30am

Tehran gives emergency approval for Iran-made vaccine

TEHRAN: Iran said Monday it had given emergency approval for a domestically produced vaccine, as it battles the...

Published 15 Jun, 2021 03:30am

Iran’s navy receives two new warships

TEHRAN: Iran’s navy took delivery on Monday of two new warships in a ceremony broadcast by state television,...

Published 15 Jun, 2021 03:30am

US journalist detained in Myanmar released

YANGON: A US journalist detained in Myanmar since March was released on Monday after charges against him were...

Published 15 Jun, 2021 03:30am

US father-son duo admit helping ex-Nissan chief Ghosn flee Japan

TOKYO: An American father-son duo admitted their role in orchestrating former Nissan chief Carlos Ghosn’s ...

Published 15 Jun, 2021 03:30am

Umar applauds Jazz’s nationwide awareness campaign

KARACHI: In a recent message on Twitter, Federal Minister for Planning, Development and Special Initiatives Asad ...

Published 15 Jun, 2021 03:30am

PNS SAIF takes part in passage drill with Italian Navy Ship in Gulf of Aden

ISLAMABAD: Pakistan Navy Ship (PNS) SAIF conducted Passage Exercise (PASSEX) with Italian Navy Ship ITS CARABINIERE...

Published 15 Jun, 2021 03:30am

Irsa chief says every province getting due share of water

ISLAMABAD: Chairman Indus River System Authority (Irsa) dispelled the impression that some provinces are getting an...

Published 15 Jun, 2021 03:30am

Unserved, underserved areas: USF Board approves four projects worth Rs2.14bn for Punjab, KP

ISLAMABAD: The Universal Service Fund (USF) Board, on Monday, approved four projects worth Rs 2.14 billion to ...

Published 15 Jun, 2021 03:30am

Monsoon rains cover two-third of India earlier than usual

MUMBAI: India's annual monsoon rains have covered two-third of the country, nearly a fortnight ahead of the normal...

Published 15 Jun, 2021 03:30am

The Weather

KARACHI: The weather report on Monday (June 14, 2021) and the forecast for Tuesday (June 15, 2021)....

Published 15 Jun, 2021 03:30am

Money & Banking

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 15 Jun, 2021 03:30am

Afghanistan Concept of 'strategic depth' obsolete: Qureshi

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi, on Monday, emphatically stated that there should be an end to...

Published 15 Jun, 2021 03:30am

PPP calls for free, fair elections in AJK

ISLAMABAD: The Pakistan People's Party (PPP) has called for free and fair elections in the Azad Jammu and Kashmir...

Published 15 Jun, 2021 03:30am

Nawaz's properties' auction: AC decision challenged in IHC

ISLAMABAD: The decision of the accountability court regarding auction of properties and land owned by former prime...

Published 15 Jun, 2021 03:30am

Fake bank accounts: AC summons Zardari on 29th

ISLAMABAD: The Accountability Court, on Monday, summoned former president Asif Ali Zardari and other co-accused in...

Published 15 Jun, 2021 03:30am

Shehbaz's speech disrupted due to sloganeering

ISLAMABAD: The debate on budget 2021-22 was opened by opposition leader in the National Assembly Shehbaz Sharif, on...

Published 15 Jun, 2021 03:30am

Development budget not increased during last four years: Ahsan

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Secretary-General Ahsan Iqbal said on Monday that the development...

Published 15 Jun, 2021 03:30am

Covid-19: Country reports lowest single-day tally since Feb 15

ISLAMABAD: The country, Monday, reported 1,019 Covid-19 cases, the lowest single-day tally since February 15, the...

Published 15 Jun, 2021 03:30am

PARTLY FACETIOUS: New govt in Israel: there’s been no horse-trading

“Netanyahu is out after 12 years…” “Yes, but the new government has been formed with a razor thin majority...

Published 15 Jun, 2021 03:30am

Inter-corporate dividends: PBC expresses disappointment over non-removal of double taxation

ISLAMABAD: Pakistan Business Council (PBC) has expressed its disappointment over not removing double taxation on...

Published 15 Jun, 2021 03:30am

Expats sending more in remittances than exports of country: Bilawal

LAHORE: Chairman Pakistan People''s Party (PPP) Bilawal Bhutto-Zardari has termed it a tragedy that overseas...

Published 15 Jun, 2021 03:30am

Citi Pharma IPO's book building from today

KARACHI: Citi Pharma IPO's book building phase will be held on June 15 and 16, 2021 where high net worth individuals...

Published 15 Jun, 2021 03:30am

Growth shown in national economy is an eyewash: Murad

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that the growth shown in the national economy by the...

Published 15 Jun, 2021 03:30am

Saleem Khan made director press information Sindh

KARACHI: Muhammad Saleem Khan, Senior Director of Information Department, has been posted as Director Press...

Published 15 Jun, 2021 03:30am

Grade VI to VIII: Classes to resume in Sindh from today

KARACHI: The provincial task force on Covid-19 in its meeting held under the chairmanship of Sindh Chief Minister...

Published 15 Jun, 2021 03:30am

Cultivation of crops, cutting of trees on govt lands banned

HYDERABAD: Divisional Commissioner Mirpurkhas Syed Aijaz Ali Shah under Section 144 of Home Department Government of...

Published 15 Jun, 2021 03:30am

Gujjar and Orangi Nullah: SC orders authorities to continue work on widening

KARACHI: The Supreme Court (SC) on Monday ordered the authorities to continue the work on the widening of Gujjar...

Published 15 Jun, 2021 03:30am

UBL intends to wind up its UBL (Switzerland) AG subsidiary

KARACHI: As part of its global realignment strategy, UBL intends to voluntarily wind up its wholly-owned subsidiary,...

Published 15 Jun, 2021 03:30am

Govt needs to incentivise agri sector: analyst

KARACHI: Financial analyst Ateeq Ur Rehman Monday said the government needs to incentivise agriculture sector by...

Published 15 Jun, 2021 03:30am

PM appreciates dutiful, injured constable of ITP

ISLAMABAD: Prime Minister Imran Khan Monday appreciated Qaiser Shakeel, an injured Islamabad Traffic Police (ITP)...

Published 15 Jun, 2021 03:30am

Illegal orders by PCP manager: NA panel directs CD to complete inquiry

ISLAMABAD: A parliamentary panel on Monday directed the Cabinet Division (CD) to complete inquiry regarding illegal...

Published 15 Jun, 2021 03:30am

Governing body of ILO: Pakistan elected regular member

ISLAMABAD: Pakistan was elected, on Monday, as a regular member of the governing body of the International Labour...

Published 15 Jun, 2021 03:30am

Letters

'Run, hit, slap'

This is apropos a Business Recorder op-ed "Run, hit, slap" carried by the newspaper yesterday. The writer, Andleeb...

Published 15 Jun, 2021 03:30am

PES: surprises and inconsistencies

There are some very surprising and sometimes even conflicting estimates and gaps in the recently- released Pakistan...

Published 15 Jun, 2021 03:30am

IMF programme implementation

With the likely passage of the budget for FY22, the Pakistan economy not only enters the second innings of the PTI...

Published 15 Jun, 2021 03:30am

Energy majors bid for Qatar LNG project despite lower returns

Six top western energy firms are vying to partner in the vast expansion of Qatar's liquefied natural gas output,...

Published 15 Jun, 2021 03:30am

Govt decides to hand over TIP to NRTC

ISLAMABAD: The government has decided to hand over the loss-making entity – the Telephone Industries of Pakistan...

Published 15 Jun, 2021 03:30am

Specific internet service provider: CCP rules out preferential/discriminatory treatment

ISLAMABAD: The Competition Commission of Pakistan (CCP) has ruled that cable internet/telephony services are...

Published 15 Jun, 2021 03:30am

Rates.Ports

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 306,892 tonnes of cargo comprising 193,377 tonnes of import cargo and ...

Published 15 Jun, 2021 03:30am

Stocks

Monday's early trade: S&P, Dow dip as focus shifts to Fed meet

NEW YORK: The S&P 500 and the Dow eased on Monday, a day after the S&P 500 hit a record closing high, as...

Published 15 Jun, 2021 03:30am

Stocks

STOXX 600, Germany's DAX at all-time highs

AMSTERDAM/LONDON: European shares hit a record high on Monday as investors bet on global central banks sticking to ...

Published 15 Jun, 2021 03:30am

Stocks

Rising oil prices, economic recovery lift Gulf stocks

DUBAI: Major stock markets in the Gulf ended higher on Monday, as investors eye economic recovery and rising oil...

Published 15 Jun, 2021 03:30am

Stocks

Japanese shares inch higher

TOKYO: Japanese shares rose on Monday as cyclicals such as tyre makers and shippers led gains on global recovery...

Published 15 Jun, 2021 03:30am

Stocks

Indian shares up

BENGALURU: Indian shares closed higher on Monday, boosted by conglomerate Reliance Industries Ltd and software major...

Published 15 Jun, 2021 03:30am

Stocks

China markets closed

SHANGHAI: China's stock and bond markets, foreign exchange and commodity futures markets were closed on Monday for...

Published 15 Jun, 2021 03:30am

Stocks

Energy stocks boost British shares

LONDON: British shares ended higher on Monday, helped by gains in heavyweight energy stocks, while investors awaited...

Published 15 Jun, 2021 03:30am

Stocks

NZ shares flat

WELLINGTON/SYDNEY: New Zealand shares closed flat on Monday, as gains in utility and financial stocks were offset by...

Published 15 Jun, 2021 03:30am

Bitcoin tops $40,000

LONDON/SINGAPORE: Bitcoin climbed above $40,000 on Monday, after yet another weekend of price swings following ...

Published 15 Jun, 2021 03:30am

Rates.LME

LME official prices

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

Published 15 Jun, 2021 03:30am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (June 14, 2021)....

Published 15 Jun, 2021 03:30am

Rates.The Rupee

THE RUPEE: PKR falls

KARACHI: On Monday, PKR fell against USD in both interbank and open markets going below 156. It also went down...

Published 15 Jun, 2021 03:30am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (June 14, 2021)....

Published 15 Jun, 2021 03:30am

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 15 Jun, 2021 03:30am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (June 14, 2021)....

Published 15 Jun, 2021 03:30am

Rates.PSX

BOARD MEETINGS

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

Published 15 Jun, 2021 03:30am

Stocks

Last date of renunciation/payment

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

Published 15 Jun, 2021 03:30am

Rates.PSX

Proposed right issues

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

Published 15 Jun, 2021 03:30am

Rates.PSX

Clearing Schedule for T+2 System

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

Published 15 Jun, 2021 03:30am

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 15 Jun, 2021 03:30am

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 15 Jun, 2021 03:30am

Rates.SBP

State Bank of Pakistan conversion rates

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

Published 15 Jun, 2021 03:30am

Rates.BR Index

KSE-100 Index rallies: BRIndex100 regains footing

KARACHI: Pakistan Stock Exchange Monday witnessed a bullish trend and closed on strong positive note with healthy...

Published 15 Jun, 2021 03:30am

Energy

Ogra proposes raise in prices of petrol, HSD

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra), on Monday, recommended 3.8 percent increase in the price of...

Published 15 Jun, 2021 03:30am

Energy

Wapda chief says he has decided not to seek extension

ISLAMABAD: Chairman Water and Power Development Authority (Wapda) Lt-General Muzammil Hussain (retd) has said that ...

Published 15 Jun, 2021 03:30am

Energy

China nuclear plant operators release gas in bid to fix issue

BEIJING: Gas was deliberately released from a nuclear power plant in southern China as operators work to fix an ...

Published 15 Jun, 2021 03:30am

Energy

Oil steadies after hitting 2-year high as demand hopes face supply growth

NEW YORK: Oil prices ended mostly unchanged on Monday, after hitting their highest levels in more than two years, as...

Published 15 Jun, 2021 03:30am

Energy

US shale oil output to climb by 38,000 bpd in July

NEW YORK: US oil output from seven major shale formations is expected to rise by about 38,000 barrels per day (bpd)...

Published 15 Jun, 2021 03:30am

Commodities

US MIDDAY: Corn and soyabeans drop

CHICAGO: US corn futures fell by about 4% on Monday on a mix of technical selling and forecasts for improving ...

Published 15 Jun, 2021 03:30am

Commodities

US MIDDAY: Gold slips

NEW YORK: Gold prices slipped as much as 1.7% on Monday, as some investors feared the US Federal Reserve may outline...

Published 15 Jun, 2021 03:30am

Commodities

Japan rubber futures rise

TOKYO: Japanese rubber futures rose on Monday as the Bank of Japan (BoJ) is expected to maintain strong stimulus to...

Published 15 Jun, 2021 03:30am

Cotton & Textile

New York cotton

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

Published 15 Jun, 2021 03:30am

Cotton & Textile

Cotton trades limit down tracking slump in grains market

NEW YORK: ICE cotton futures tumbled as much as 4.6% to trade limit down on Monday, pressured by a drop in grains...

Published 15 Jun, 2021 03:30am

Commodities

Raw sugar, arabica coffee down

LONDON: Raw sugar futures on ICE slid to a more than two-week low on Monday, weakened partly by improving crop...

Published 15 Jun, 2021 03:30am

Commodities

Gold falls in Europe

AMSTERDAM/LONDON: Gold prices slipped as much as 1.7% on Monday, weighed down by fears that the US Federal Reserve...

Published 15 Jun, 2021 03:30am

Commodities

Paris wheat falls

HAMBURG: European wheat futures fell to their lowest in over two weeks on Monday, pressured by a sharp fall in US...

Published 15 Jun, 2021 03:30am

Commodities

Palm oil ends at over 4-mth low

SINGAPORE: Malaysian palm oil futures ended at a more than four-month low on Monday, extending losses for a sixth...

Published 15 Jun, 2021 03:30am

Energy

Asia's VLSFO crack dips to 2-week low

SINGAPORE Asia's 0.5% very low-sulphur fuel oil (VLSFO) crack fell to a two-week low on Monday as benchmark crude ...

Published 15 Jun, 2021 03:30am

Energy

Asia distillates: Cracks slip as crude tops two-year highs

SINGAPORE: Asian refining margins for jet fuel and benchmark 10 ppm gasoil slipped on Monday as crude oil prices ...

Published 15 Jun, 2021 03:30am

Energy

Asia's gasoline crack rises to 2-week high

SINGAPORE: Asia's gasoline crack on Monday strengthened to its highest since May 28, supported by improving demand...

Published 15 Jun, 2021 03:30am

Grains

EU 2020/21 soft wheat exports

PARIS: Soft wheat exports from the European Union in the 2020/21 season that started last July had reached 24.88...

Published 15 Jun, 2021 03:30am

Energy

US natgas holds near 7-month high on rising demand

NEW YORK: US natural gas futures held near a seven-month high on Monday as global gas and oil prices continued to...

Published 15 Jun, 2021 03:30am

Commodities

A nickel refinery tops US battery metals wish list

LONDON: The United States government should invest in nickel refining capacity in coordination with its allies,...

Published 15 Jun, 2021 03:30am

Commodities

PMEX daily trading report

KARACHI: On Friday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 13.040...

Published 15 Jun, 2021 03:30am

Commodities

Abundant rains return in Ivory Coast cocoa regions

ABIDJAN: Above average rainfall was recorded in Ivory Coast's cocoa growing regions last week, raising expectations...

Published 15 Jun, 2021 03:30am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Monday (June 14, 2021)....

Published 15 Jun, 2021 03:30am

Cotton & Textile

Subdued business on cotton market

KARACHI: The local market remained stable on Monday. Market Sources told that trading volume remained thin. Market...

Published 15 Jun, 2021 03:30am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (June 14, 2021)...

Published 15 Jun, 2021 03:30am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (June 14, 2021). ======================================= Offset ...

Published 15 Jun, 2021 03:30am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (June 14, 2021). ======================== Bid Rate Rs...

Published 15 Jun, 2021 03:30am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (June 14, 2021)....

Published 15 Jun, 2021 03:30am

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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