News Archives for Print - 2021-08-10 - Business Recorder

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Print - 2021-08-10

Power subsidy rationalisation plan unveiled

Power subsidy rationalisation plan unveiled

Move aims to trim down the number of beneficiaries of non Time of Use (ToU) domestic consumers and increase tariff of consumers using over 200 units in a month through new slabs

Updated 10 Aug, 2021 09:31am

Tarin directs official to work out modalities: Warehouses for commodities, agri malls on the cards

Tarin directs official to work out modalities: Warehouses for commodities, agri malls on the cards

ISLAMABAD: Finance Minister Shaukat Tarin has directed Secretary Ministry of National Food Security and Research to...

Updated 10 Aug, 2021 09:38am

World shudders at ‘terrifying’ UN climate report

World shudders at ‘terrifying’ UN climate report

PARIS: World leaders, green groups and influencers reacted Monday to a “terrifying” UN climate science report...

Published 10 Aug, 2021 04:43am

Unvaccinated individuals will not be allowed rail travel from Oct 1

Unvaccinated individuals will not be allowed rail travel from Oct 1

ISLAMABAD: The National Command and Operation Centre (NCOC) has decided to allow only vaccinated people to travel by...

Updated 10 Aug, 2021 09:49am

Visit concludes: OIC’s IPHRC assesses deteriorating HR situation in IIOJK: FO

Visit concludes: OIC’s IPHRC assesses deteriorating HR situation in IIOJK: FO

ISLAMABAD: A delegation of the Independent Permanent Human Rights Commission (IPHRC) of the Organization of Islamic...

Published 10 Aug, 2021 04:39am

PSW to reduce costs, improve business ease: Naveed

PSW to reduce costs, improve business ease: Naveed

KARACHI: Additional Director Pakistan Single Window (PSW) Naveed Abbas Memon has said that Pakistan Single Window...

Published 10 Aug, 2021 04:39am

Toshakhana case: Prosecution witness says was not present at oath-taking

Toshakhana case: Prosecution witness says was not present at oath-taking

ISLAMABAD: A prosecution witness in Toshakhana case against former president Asif Ali Zardari, former premiers, Syed...

Published 10 Aug, 2021 04:39am

Model courts: SC yet to give details, law ministry tells NA

Model courts: SC yet to give details, law ministry tells NA

ISLAMABAD: The Law and Justice Ministry informed the National Assembly Monday that despite writing over a dozen...

Published 10 Aug, 2021 04:39am

Youm-e-Istehsal observed in China

Youm-e-Istehsal observed in China

BEIJING: Pakistan Embassy in China Monday observed the Youm-e-Istehsal to condemn the India’s illegal and...

Published 10 Aug, 2021 04:39am

US donates 1m rapid Covid kits to Pakistan

US donates 1m rapid Covid kits to Pakistan

ISLAMABAD: The United States Government, through the US Agency for International Development (USAID), donated one...

Published 10 Aug, 2021 04:39am

Removal of encroachments: Cabinet gives go-ahead to CDA

Removal of encroachments: Cabinet gives go-ahead to CDA

ISLAMABAD: The Federal Cabinet has given go-ahead signal to Capital Development Authority (CDA) to remove all...

Published 10 Aug, 2021 04:39am

Abduction case: Physical remand of five suspects extended

Abduction case: Physical remand of five suspects extended

LAHORE: A city magistrate on Monday extended physical remand of five male suspects for next two days in the ...

Published 10 Aug, 2021 04:39am

Traders expecting good business on Independence Day

Traders expecting good business on Independence Day

LAHORE: With less than a week left for the Independence Day celebrations, the buying of decorative items is gaining...

Published 10 Aug, 2021 04:39am

Divisible Pool funds for merged districts of KP: Senate panel unhappy as MoF yet to apprise about allocation

Divisible Pool funds for merged districts of KP: Senate panel unhappy as MoF yet to apprise about allocation

ISLAMABAD: A Senate panel Monday expressed displeasure at the Ministry of Finance for not sending its representative...

Published 10 Aug, 2021 04:39am

Work starts on mega projects in Lahore

Work starts on mega projects in Lahore

LAHORE: On the direction of Chief Minister Sardar Usman Buzdar, work has been started on a number of mega projects...

Published 10 Aug, 2021 04:39am

Transformer blast: Nepra issues show-cause notice to Hesco

Transformer blast: Nepra issues show-cause notice to Hesco

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has issued show-cause notice to Hyderabad...

Published 10 Aug, 2021 04:39am

Punjab imposes smart lockdown in selective districts

Punjab imposes smart lockdown in selective districts

LAHORE: Punjab government on Monday imposed smart lockdown in selective districts to control the fourth outbreak of...

Published 10 Aug, 2021 04:39am

HBL, Sindh govt to launch drive-through vaccination facility

HBL, Sindh govt to launch drive-through vaccination facility

KARACHI: HBL and Sindh govt will launch COVID-19 drive-through vaccination facility. HBL has partnered with the...

Published 10 Aug, 2021 04:39am

Maggo stresses on water conservation

Maggo stresses on water conservation

KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Nasser Hyatt Maggo has said...

Published 10 Aug, 2021 04:39am

Agri credit disbursement reaches Rs1.366trn despite Covid-19 challenges

Agri credit disbursement reaches Rs1.366trn despite Covid-19 challenges

KARACHI: Despite the ongoing challenges posed by Covid-19 pandemic and climate change, credit disbursement by the...

Published 10 Aug, 2021 04:39am

Planting of mangrove saplings: National Foods collaborates with WWF

Planting of mangrove saplings: National Foods collaborates with WWF

KARACHI: National Foods Limited (NFL) has collaborated with World Wildlife Fund (WWF) to plant mangrove saplings,...

Published 10 Aug, 2021 04:39am

Business activities normalised in Sindh

Business activities normalised in Sindh

KARACHI: Business and commercial activities limped back to normalcy on Monday as the Sindh government relaxed...

Published 10 Aug, 2021 04:39am

AKRA, foodpanda set up Covid-19 vaccination centre in Karachi

AKRA, foodpanda set up Covid-19 vaccination centre in Karachi

KARACHI: All Karachi Restaurants Association (AKRA) and foodpanda have setup a Covid-19 vaccination centre in ...

Published 10 Aug, 2021 04:39am

Opposition raises infrastructure issues of megacity in Sindh PA

Opposition raises infrastructure issues of megacity in Sindh PA

KARACHI: Opposition in the Sindh Assembly on Monday highlighted the problems of shabby civic infrastructure in...

Published 10 Aug, 2021 04:39am

Sarwar tells PM: Overseas Pakistani Convention to be held soon

Sarwar tells PM: Overseas Pakistani Convention to be held soon

LAHORE: Governor Punjab Chaudhry Mohammad Sarwar called on Prime Minister Imran Khan here on Monday and apprised him...

Published 10 Aug, 2021 04:39am

Water filtration plants: PTI spending much less than PML-N govt: Farrukh

Water filtration plants: PTI spending much less than PML-N govt: Farrukh

LAHORE: Minister of State for Information and Broadcasting, Farrukh Habib Monday said that last PML-N government led...

Published 10 Aug, 2021 04:39am

Transfer of bail petition from AD&SJ: LHC imposes fine of Rs50,000 on petitioner

Transfer of bail petition from AD&SJ: LHC imposes fine of Rs50,000 on petitioner

LAHORE: The Lahore High Court imposed a fine of rupees 50,000 to a petitioner Abdul Razzaq who approached the court...

Published 10 Aug, 2021 04:39am

Punjab’s ‘livestock policy’ will soon be presented before cabinet: minister

Punjab’s ‘livestock policy’ will soon be presented before cabinet: minister

LAHORE: The Punjab’s ‘livestock policy’ will soon be presented before the provincial cabinet for final ...

Published 10 Aug, 2021 04:39am

KP CM takes notice of constructions in forest area

KP CM takes notice of constructions in forest area

PESHAWAR: KP Chief Minister Mahmood Khan has taken notice illegal construction activities being carried out in...

Published 10 Aug, 2021 04:39am

Belarus leader hits out as West ramps up sanctions

Belarus leader hits out as West ramps up sanctions

MOSCOW: Belarus leader Alexander Lukashenko on Monday denounced international sanctions on his authoritarian regime,...

Published 10 Aug, 2021 04:39am

Raisi tells Macron nuclear talks must guarantee Tehran’s ‘rights’

Raisi tells Macron nuclear talks must guarantee Tehran’s ‘rights’

TEHRAN: Iranian President Ebrahim Raisi said Monday any talks over Tehran’s nuclear programme must ensure Iran’s...

Published 10 Aug, 2021 04:39am

Taliban press on with northern offensive after weekend blitz

Taliban press on with northern offensive after weekend blitz

MAZAR-I-SHARIF: The Taliban seized a sixth Afghan provincial capital on Monday following a weekend blitz across the...

Published 10 Aug, 2021 04:39am

Russian tourists fly to Egypt’s Red Sea resorts after years-long ban

Russian tourists fly to Egypt’s Red Sea resorts after years-long ban

CAIRO: Flights bringing tourists from Russia to Egypt’s Red Sea resorts arrived Monday for the first time since ...

Published 10 Aug, 2021 04:39am

Brawls in Lebanon’s north over rationed fuel leave 3 dead

Brawls in Lebanon’s north over rationed fuel leave 3 dead

BEIRUT: Two separate brawls over scarce fuel in northern Lebanon have left three people dead, state media and...

Published 10 Aug, 2021 04:39am

Iraq to host ‘regional summit’ in late August

Iraq to host ‘regional summit’ in late August

BAGHDAD: Baghdad is to host a regional summit late this month, with French President Emmanuel Macron also attending,...

Published 10 Aug, 2021 04:39am

China Telecom eyes $8.4bn Shanghai IPO, world’s biggest in 2021

China Telecom eyes $8.4bn Shanghai IPO, world’s biggest in 2021

SHANGHAI: China Telecom could raise more than $8 billion in a Shanghai initial public offering that would be the...

Published 10 Aug, 2021 04:39am

US Democrats reveal massive $3.5 trillion spending blueprint

US Democrats reveal massive $3.5 trillion spending blueprint

WASHINGTON: US lawmakers on Monday laid out a $3.5 trillion budget framework, calling it the “most ...

Published 10 Aug, 2021 04:39am

US announces extra $165m in Yemen aid

US announces extra $165m in Yemen aid

DUBAI: The United States on Monday announced an additional $165 million in humanitarian aid for Yemen, as the...

Published 10 Aug, 2021 04:39am

Privatisation Commission: Senate body defers proceedings on bill empowering PM for appointments

Privatisation Commission: Senate body defers proceedings on bill empowering PM for appointments

ISLAMABAD: Senate Standing Committee on Privatisation, on Monday, deferred the proceedings on a bill empowering ...

Published 10 Aug, 2021 04:39am

Bar associations in Sindh will boycott court proceedings today

Bar associations in Sindh will boycott court proceedings today

KARACHI: Bar associations in Sindh will boycott court proceedings across the province on Tuesday against the Supreme...

Published 10 Aug, 2021 04:39am

NIC completes ‘Make Space Hackathon’

NIC completes ‘Make Space Hackathon’

KARACHI: PSI Pakistan in collaboration with National Incubation Center, Karachi organized the “Make Space...

Published 10 Aug, 2021 04:39am

Confiscated goods stolen from office of DI&I

Confiscated goods stolen from office of DI&I

KARACHI: A substantial quantity of confiscated goods has been stolen from the office of the Directorate of...

Published 10 Aug, 2021 04:39am

‘Parliament can ensure prosperity, development in country’

‘Parliament can ensure prosperity, development in country’

ISLAMABAD: National Assembly Speaker Asad Qaiser and National Assembly Deputy Speaker Qasim Khan Suri remarked that...

Published 10 Aug, 2021 04:39am

PM inaugurates world’s biggest Miyawaki urban forest

PM inaugurates world’s biggest Miyawaki urban forest

LAHORE: Under the ‘Ten Billion Tree Tsunami campaign’ Prime Minister Imran Khan Monday inaugurated the world’s...

Published 10 Aug, 2021 04:39am

SC directs AAG to submit report on restrictions on AQ Khan’s movement

SC directs AAG to submit report on restrictions on AQ Khan’s movement

ISLAMABAD: The Supreme Court Monday directed the Additional Attorney General (AAG) to submit a report regarding...

Published 10 Aug, 2021 04:39am

PN War game commences in Karachi

PN War game commences in Karachi

KARACHI: Pakistan Navy War game SHAMSHEER-E-BAHR-VIII commenced at Karachi. Chief of the Naval Staff Admiral...

Published 10 Aug, 2021 04:39am

CJP administers oath to Justice Jamal as SC judge

CJP administers oath to Justice Jamal as SC judge

ISLAMABAD: Chief Justice of Pakistan Gulzar Ahmed Monday administered the oath to Justice Jamal Khan Mandokhel as a...

Published 10 Aug, 2021 04:39am

Firdous denied entry to PA for oath-taking ceremony of PTI MPA

Firdous denied entry to PA for oath-taking ceremony of PTI MPA

LAHORE: PTI leader Dr Firdous Ashiq Awan on Monday downplayed being denied entry to the Punjab Assembly for the oath...

Published 10 Aug, 2021 04:39am

PARTLY FACETIOUS: Who’s now a cruise missile?

PARTLY FACETIOUS: Who’s now a cruise missile?

“To be an unguided missile can be dangerous to ones friends and allies.” “You need to narrow it down for me ...

Published 10 Aug, 2021 04:39am

Brand Ambassadors

Brands are a very important corporate asset. Some technology brand’s current value is between US$150 billion-200...

Published 10 Aug, 2021 04:39am

LNG sector in Pakistan — VI

LNG sector in Pakistan — VI

The recent slump in the global LNG market during the Covid-19 outbreak also validated the need to reassess the price...

Published 10 Aug, 2021 04:39am

Understatement of rate of inflation

Understatement of rate of inflation

The rate of inflation as measured by the Consumer Price Index (CPI) has been declining. It was 11.1 percent in April...

Published 10 Aug, 2021 04:39am

Nawaz Sharif

Letters

Nawaz Sharif

This is apropos a Business Recorder news item “And what recourse does Nawaz have in a situation like this?”...

Published 10 Aug, 2021 04:39am

KE donates IT equipment to help combat Covid-19

KE donates IT equipment to help combat Covid-19

KARACHI: Committed to supporting the fight against Covid-19, K-Electric donated IT equipments including desktop...

Published 10 Aug, 2021 04:39am

Need for ‘health curriculum’ stressed

Need for ‘health curriculum’ stressed

LAHORE: Emphasising the need for a ‘health curriculum’ in the country, a Pakistani-American clinical ...

Published 10 Aug, 2021 04:39am

‘Majority of FTAs, PTAs not in favor of Pakistan’ FPCCI to continue to raise voice for cause of Pakistan trade, industry: Maggo

‘Majority of FTAs, PTAs not in favor of Pakistan’ FPCCI to continue to raise voice for cause of Pakistan trade, industry: Maggo

LAHORE: The Pakistan’s most of Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) signed with...

Published 10 Aug, 2021 04:39am

Environmental Protection (Amendment) Bill 2020: Senate body concerned over lack of progress by NA

Environmental Protection (Amendment) Bill 2020: Senate body concerned over lack of progress by NA

ISLAMABAD: Senate Standing Committee on Climate Change on Monday expressed concern over lack of progress by National...

Published 10 Aug, 2021 04:39am

Awareness session about Benami Law held

Awareness session about Benami Law held

ISLAMABAD: As a part of an awareness campaign under the directions of Director General Anti-Benami Initiative,...

Published 10 Aug, 2021 04:39am

U Microfinance Bank, CDA join hands to plant largest Miyawaki Forest

U Microfinance Bank, CDA join hands to plant largest Miyawaki Forest

ISLAMABAD: U Microfinance Bank in collaboration with the Capital Development Authority (CDA) led a tree plantation...

Published 10 Aug, 2021 04:39am

Energy, mining stocks drag FTSE 100 lower

Stocks

Energy, mining stocks drag FTSE 100 lower

LONDON: London’s FTSE 100 fell on Monday, dragged down by heavyweight energy and mining stocks as concerns about...

Published 10 Aug, 2021 04:39am

China stocks rise

Stocks

China stocks rise

SHANGHAI: China stocks rose on Monday, with a strong rebound in blue-chip stocks offsetting losses in highly-valued...

Published 10 Aug, 2021 04:39am

Most Gulf bourses fall; Abu Dhabi gains

Stocks

Most Gulf bourses fall; Abu Dhabi gains

DUBAI: Most major stock markets in the Gulf ended lower on Monday, mirroring falling oil prices, while the Abu Dhabi...

Published 10 Aug, 2021 04:39am

Indian shares end higher

Stocks

Indian shares end higher

BENGALURU: Indian shares closed higher on Monday on the back of gains in information technology and financial ...

Published 10 Aug, 2021 04:39am

Defensive, technology stocks power European markets to record close

Stocks

Defensive, technology stocks power European markets to record close

LONDON: European stocks reached a record high after healthcare, utilities and technology gains outweighed declines...

Published 10 Aug, 2021 04:39am

ADB, AIIB team discuss Punjab highway uplift project with P&D

ADB, AIIB team discuss Punjab highway uplift project with P&D

LAHORE: In order to further boost up business activities in the province, Punjab government has decided to improve...

Published 10 Aug, 2021 04:39am

Punjab CM, PM discuss administrative affairs

Punjab CM, PM discuss administrative affairs

LAHORE: Punjab Chief Minister Sardar Usman Buzdar called on Prime Minister Imran Khan here on Monday and apprised ...

Published 10 Aug, 2021 04:39am

The Weather

The Weather

KARACHI: The weather report on Monday (August 9, 2021) and the forecast for Tuesday (August 10, 2021)....

Published 10 Aug, 2021 04:39am

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 10 Aug, 2021 04:39am

Last date of renunciation/payment

Stocks

Last date of renunciation/payment

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

Published 10 Aug, 2021 04:39am

Dates of Closure of Books & Annual General Meetings

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 10 Aug, 2021 04:39am

EFU Capital Growth Fund Rates

Rates

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Monday (August 9, 2021). ======================== Offer Price ...

Published 10 Aug, 2021 04:39am

EFU Pension Growth Fund Rates

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Monday (August 9, 2021). ======================== Offer Price ...

Published 10 Aug, 2021 04:39am

EFU Managed Growth Fund Rates

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Monday (August 9, 2021). ======================== Offer Price ...

Published 10 Aug, 2021 04:39am

JLI TAKAFUL INCOME FUND

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Monday (August 9, 2021). ======================== Offer Price ...

Published 10 Aug, 2021 04:39am

JLI TAKAFUL BALANCE FUND

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Monday (August 9, 2021). ======================== Offer Price...

Published 10 Aug, 2021 04:39am

JLI CAPITAL GROWTH TAKAFUL FUND

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Monday (August 9, 2021). ======================== Offer Price...

Published 10 Aug, 2021 04:39am

JLI MANAGED TAKAFUL FUND

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Monday (August 9, 2021). ======================== Offer Price...

Published 10 Aug, 2021 04:39am

JLI YAQEEN GROWTH FUND RATES

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Monday (August 9, 2021). ======================== Offer Price 1,500.0369...

Published 10 Aug, 2021 04:39am

JLI MEESEQ Fund Rates

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Monday (August 9, 2021). ======================== Offer Price 1,223.6099 Bid...

Published 10 Aug, 2021 04:39am

JLI Capital Growth Fund Rates

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Monday (August 9, 2021). ======================== ...

Published 10 Aug, 2021 04:39am

JLI Managed Growth Fund Rates

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Monday (August 9, 2021). ======================== ...

Published 10 Aug, 2021 04:39am

LIBOR interbank offered rates

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (August 9, 2021)....

Published 10 Aug, 2021 04:39am

Bill buying rates per unit of currency

Rates

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 10 Aug, 2021 04:39am

LIBOR calculating interest on US dollar

Rates

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Monday (August 9, 2021)....

Published 10 Aug, 2021 04:39am

Barclays bid rates and maximum rates for payment of interest

Rates

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 10 Aug, 2021 04:39am

PSX closes in deep red: BRIndex100 tumbles

Rates

PSX closes in deep red: BRIndex100 tumbles

KARACHI: Despite foreign buying, Pakistan Stock Exchange Monday witnessed a bearish trend and closed in deep red due...

Published 10 Aug, 2021 04:39am

Lesco issues new SOPs for scaling electricity poles

Energy

Lesco issues new SOPs for scaling electricity poles

LAHORE: The Lahore Electric Supply Company (LESCO) has introduced new Standard Operating Procedures (SOPs) for...

Published 10 Aug, 2021 04:39am

New York cotton

Cotton & Textile

New York cotton

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

Published 10 Aug, 2021 04:39am

Cotton futures end winning run as grains, stronger USD weigh

Cotton & Textile

Cotton futures end winning run as grains, stronger USD weigh

NEW YORK: ICE cotton futures snapped a five-session long streak of gains on Monday, weighed down by weaker grains, a...

Published 10 Aug, 2021 04:39am

Oil slides more than 2pc on China’s virus curbs, strong dollar

Energy

Oil slides more than 2pc on China’s virus curbs, strong dollar

NEW YORK: Oil prices fell more than 2% on Monday, extending last week’s steep losses on the back of a rising US...

Published 10 Aug, 2021 04:39am

PMEX daily trading report

Commodities

PMEX daily trading report

KARACHI: On Friday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.082...

Published 10 Aug, 2021 04:39am

US natgas futures slip on drop in crude prices

Energy

US natgas futures slip on drop in crude prices

NEW YORK: US natural gas futures slipped on Monday due to a drop in oil prices despite mostly steady forecasts for...

Published 10 Aug, 2021 04:39am

Arabica, robusta coffee prices to climb by year-end

Commodities

Arabica, robusta coffee prices to climb by year-end

LONDON: Arabica coffee prices will end the year 13% above current levels at nearly $2 per lb - just below a recent...

Published 10 Aug, 2021 04:39am

Activities of Karachi Port and Port Qasim

Rates

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 253,581 tonnes of cargo comprising 215,636 tonnes of import cargo and 37,945...

Published 10 Aug, 2021 04:39am

Iron ore extends slump on improved supply outlook

Commodities

Iron ore extends slump on improved supply outlook

MANILA: Dalian and Singapore iron ore futures slumped on Monday, extending last week’s losses, pressured by...

Published 10 Aug, 2021 04:39am

Brazil second corn harvesting lags as only 58pc of work completes

Commodities

Brazil second corn harvesting lags as only 58pc of work completes

SAO PAULO: Brazilian farmers have harvested 58% of their second corn crop in the center south, as the weather...

Published 10 Aug, 2021 04:39am

London lead market squeezed as metal piles up in China

Commodities

London lead market squeezed as metal piles up in China

LONDON: The London lead market took a walk on the wild side last week. London Metal Exchange (LME) three-month lead...

Published 10 Aug, 2021 04:39am

Funds raise bullish corn bets while awaiting USDA forecast

Commodities

Funds raise bullish corn bets while awaiting USDA forecast

FORT COLLINS, (Colo.): Speculators have been bullish Chicago corn for nearly a year and it has been even longer for...

Published 10 Aug, 2021 04:39am

Europe Gasoline margins drop on virus concerns

Energy

Europe Gasoline margins drop on virus concerns

LONDON: Benchmark northwest European gasoline margins fell sharply on Monday amid a broad sell-off in energy prices...

Published 10 Aug, 2021 04:39am

Cotton Spot Rates

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Monday (August 9, 2021)....

Published 10 Aug, 2021 04:39am

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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