BR100 3,784 ▲ 47 (1.26%)

BR30 19,370 ▲ 268 (1.4%)

KSE100 36,571 ▲ 381 (1.05%)

KSE30 15,881 ▲ 188 (1.2%)

COVID-19 TOTAL ▲ DAILY

CASES 251,625 ▲ 2753

DEATHS 5,266 ▲ 69

RECOVERIES 161,917

Sindh 105,533 Cases

Punjab 87,043 Cases

Balochistan 11,185 Cases

Islamabad 14,108 Cases

KP 30,486 Cases

Business Recorder

Jul 13, 2020 PRINT EDITION

Technology

Reliance's digital unit wins Qualcomm backing in boost to 5G plans

NEW DELHI: India's Reliance Industries said on Sunday Qualcomm Inc's investment arm will buy a 0.15% stake in its...

Updated Jul 13, 2020 03:44am

Technology

UK Labour joins Facebook ad boycott

LONDON: Britain's main opposition Labour party said Sunday it has joined a Facebook advertising boycott over...

Updated Jul 13, 2020 03:44am

Technology

'Quality of Service' survey: Telenor, Zong and Jazz fail to meet KPIs

ISLAMABAD: Telenor, Zong and Jazz have missed most of the key performance indicators (KPIs) set in their license and...

Published Jul 12, 2020 03:02am

India asks court to stymie potential challenge to Chinese app ban

Chinese firms have faced hostility since a border clash that killed 20 Indian soldiers, with Delhi intensifying scrutiny of Chinese imports and any funding from China.
Let nothing be done till the applicants (government) are heard in the matter.

Pakistan will turn into 'Technological Superpower' in 10 years, says Fawad

“In the next phase, Health City is being set up on 200 acres of land in Faisalabad and Science and Technology Special Economic Zones will be built in Lahore, Karachi, and Islamabad," says Fawad.

Making history, Pakistan born Asifa to lead biology, medicine at Max Planck Society

Born in 1971 in Karachi Pakistan, Asifa is the first international female Vice President in the Biology and Medicine Section.
Asifa would now be in charge of the Institutes of medicine section and will also be the contact person for the Max Planck Schools.

UK expected to order removal of Huawei 5G equipment by 2025

The Telegraph reported that British culture minister Oliver Dowden will make a statement in Parliament on Tuesday about Huawei, and that ministers wanted Huawei’s removal within five years.

U.S. slaps French goods with 25% duties in digital tax row, but delays effective date

LinkedIn sued over allegation it secretly reads Apple users' clipboard content

Twitter's Dorsey donates $3 million to test universal basic income

Amazon plans at least $100 million to keep Zoox talent after $1.3 billion deal

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jul 11	166.40
USD PKR Interbank Buying / Jul 11	166.10
USD to Japanese Yen / Jul 11	106.93
USD to Swiss Franc / Jul 11	0.94
Pound Sterling to USD / Jul 11	1.26
Euro to USD / Jul 11	1.13

Stock	Volume
S&P 500 / Jul 11	3185.04
India Sensex / Jul 11	36594.33
Tokyo Nikkei / Jul 11	22290.81
Nasdaq / Jul 11	10617.44
Hang Seng / Jul 11	25727.41
FTSE 100 / Jul 11	6095.41
Dow Jones / Jul 11	26075.30
Germany DAX 30 / Jul 11	12633.71
France CAC40 / Jul 11	4970.48

Indicator	Value
Weekly Foreign Reserves / Jul 9	17971.90
Foreign Debt / Jul 9	15087.50
Per Capita Income (CPI) / Jul 9	1516.00
Average CPI / Jul 9	11.11
UK LIBOR / Jul 11	0.35

Business

Google faces EU antitrust probe into Fitbit deal if no concessions

The US tech giant could allay such worries by offering a binding pledge along the lines of its promise last year not to use Fitbit's health and wellness data for Google ads.
The deal allows Google to take on Apple and Samsung in the fitness trackers and smart watches market.

Published Jul 09, 2020 08:02pm

Business

Vodafone and BT need five years minimum to remove Huawei

Andrea Dona, head of networks Vodafone UK, told a committee of lawmakers the operator needed to have a "sensible time scale" of several years to implement any further Huawei restrictions.
Rival BT told the same committee it needed a minimum of five years, and ideally seven, to remove Huawei from its network.

Published Jul 09, 2020 06:01pm

Pakistan

Will ban on PUBG be extended? PTA to decide today

The online game was temporarily suspended last week.

Published Jul 09, 2020 11:34am

Technology

Explainer: How the U.S. seeks to protect children's privacy online

The U.S. Federal Trade Commission, and the Justice Department, which often files court actions for the FTC, have opened a preliminary investigation into the matter involving the China-based video-sharing app.

Published Jul 09, 2020 10:24am

Technology

TikTok launches new ad platform as scrutiny increases

WASHINGTON: Fast-growing video-sharing app TikTok on Wednesday launched a self-serve ad platform, underscoring its...

Published Jul 09, 2020 02:43am

Gainers
Losers
Leaders

Stock	Price
Escorts Bank / Jul 13 Escorts Investment Bank Limited(ESBL)	9.5500 ▲ (0.80%) (9.14%)
Shaheen Ins. / Jul 13 Shaheen Insurance Company Limited(SHNI)	3.6400 ▲ (0.24%) (7.06%)
Bolan Castings / Jul 13 Bolan Castings Limited(BCL)	55.3400 ▲ (2.84%) (3.35%)
Azgard Nine / Jul 13 Azgard Nine Limited(ANL)	15.0800 ▲ (0.68%) (2.78%)
Aisha Steel / Jul 13 Aisha Steel Mills Limited(ASL)	10.8100 ▲ (0.71%) (2.48%)
Colony Textile / Jul 13 Colony Textile Mills Ltd.(CTM)	4.4000 ▲ (0.20%) (2.38%)
Sitara Peroxide / Jul 13 Sitara Peroxide Limited(SPL)	22.9000 ▲ (1.20%) (2.12%)
Engro Fertilizers / Jul 13 Engro Fertilizers Limited(EFERT)	64.8915 ▲ (2.09%) (2.01%)
Dewan Farooque Motors / Jul 13 Dewan Farooque Motors Limited(DFML)	6.2000 ▲ (0.35%) (1.95%)
Pakgen Power / Jul 13 Pakgen Power Limited(PKGP)	14.2000 ▲ (0.40%) (1.52%)

Stock	Price
Kohinoor Sp. / Jul 13 Kohinoor Spinning Mills Limited(KOSM)	2.2143 ▼ (0.20%) (-8.54%)
Ghazi Fab. / Jul 13 Ghazi Fabrics International Limited(GFIL)	3.0900 ▼ (0.27%) (-8.44%)
Pervez Ahmed Cons. / Jul 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.8500 ▼ (0.05%) (-5.88%)
Ruby Tex. / Jul 13 Ruby Textile Mills Limited(RUBY)	8.3000 ▼ (0.30%) (-3.61%)
Pace (Pakistan) / Jul 13 Pace (Pakistan) Limited(PACE)	2.3400 ▼ (0.11%) (-3.04%)
ECOPACK / Jul 13 Ecopack Limited(ECOP)	21.5000 ▼ (0.85%) (-2.98%)
Rupali / Jul 13 Rupali Polyester Limited(RUPL)	18.5100 ▼ (0.51%) (-2.76%)
Friesland. Engro / Jul 13 Frieslandcampins Engro Foods Limited(FCEPL)	73.8959 ▼ (3.91%) (-2.65%)
Thal LTD / Jul 13 Thal Limited(THALL)	344.5000 ▼ (8.50%) (-2.47%)
Shahmurad / Jul 13 Shahmurad Sugar Mills Limited(SHSML)	103.0000 ▼ (0.00%) (-2.42%)

Stock	Volume
Unity Foods / Jul 13 Unity Foods Limited(UNITY)	16,161,000 ▼ (0.40%)
Pak Elektron / Jul 13 Pak Elektron Limited(PAEL)	9,332,000 ▼ (0.98%)
Hascol Petroleum / Jul 13 Hascol Petroleum Limited(HASCOL)	7,851,500 ▼ (0.17%)
Aisha Steel / Jul 13 Aisha Steel Mills Limited(ASL)	7,677,000 ▼ (0.71%)
TRG Pak. / Jul 13 TRG Pakistan Limited(TRG)	6,202,000 ▼ (0.54%)
Pak Int.Bulk Ter / Jul 13 Pakistan International Bulk Terminal Limited(PIBTL)	4,377,000 ▼ (0.15%)
Maple Leaf / Jul 13 Maple Leaf Cement Factory Limited(MLCF)	3,574,500 ▼ (0.48%)
Friesland. Engro / Jul 13 Frieslandcampins Engro Foods Limited(FCEPL)	3,236,500 ▼ (3.91%)
Worldcall / Jul 13 Worldcall Telecom Limited(WTL)	3,214,000 ▼ (0.04%)
Bank of Punjab / Jul 13 The Bank of Punjab(BOP)	3,079,000 ▼ (0.22%)

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jul 11	166.40
USD PKR Interbank Buying / Jul 11	166.10
USD to Japanese Yen / Jul 11	106.93
USD to Swiss Franc / Jul 11	0.94
Pound Sterling to USD / Jul 11	1.26
Euro to USD / Jul 11	1.13

Stock	Volume
S&P 500 / Jul 11	3185.04
India Sensex / Jul 11	36594.33
Tokyo Nikkei / Jul 11	22290.81
Nasdaq / Jul 11	10617.44
Hang Seng / Jul 11	25727.41
FTSE 100 / Jul 11	6095.41
Dow Jones / Jul 11	26075.30
Germany DAX 30 / Jul 11	12633.71
France CAC40 / Jul 11	4970.48

Indicator	Value
Weekly Foreign Reserves / Jul 9	17971.90
Foreign Debt / Jul 9	15087.50
Per Capita Income (CPI) / Jul 9	1516.00
Average CPI / Jul 9	11.11
UK LIBOR / Jul 11	0.35