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Coronavirus Vaccine

Chinese Covid-19 vaccine: Phase-III trials to begin in 10 days' time: Asad Umar

ISLAMABAD: Federal Minister for Planning and Development Asad Umar said on Saturday that Pakistan was all set to...

Published 13 Sep, 2020 02:24am

Markets

Shares struggle to shake off bearish mood

European stocks edge higher.
Sterling falls to 5-1/2-month lows.
Greenback set for second week of gains.
Oil prices back under pressure.

Published 11 Sep, 2020 06:42pm

Markets

Gold slips as ECB gives no stimulus cue

Spot gold was down 0.5% at $1,945.18 per ounce by 1040 GMT, after hitting its highest level since Sept. 2 at $1,965.94 on Thursday. Gold has gained 0.7% this week.
US gold futures fell 0.6% to $1,953.40.

Updated 11 Sep, 2020 06:11pm

Markets

Shares struggle to shake off bearish mood as U.S. tech giants fall anew

MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2%, hovering just above a one-month trough touched earlier this week. Japan's Nikkei rose 0.3%.

Published 11 Sep, 2020 11:09am

Business & Finance

Fed's new policy shift to have no major impact, say economists: Reuters poll

In a landmark shift to a more tolerant stance on inflation, the Fed’s new monetary policy strategy pledged to address maximum employment by letting inflation run above its 2% target and suggested interest rates would stay near zero for years to come.

Published 11 Sep, 2020 11:04am

World

UN calls for 'quantum leap' in funding for virus fight

GENEVA: The United Nations on Thursday called for an immediate "quantum leap" in funding for global programmes to...

Published 11 Sep, 2020 02:42am

Markets

US indexes retreat on tech rally

NEW YORK: Wall Street's main indexes ended higher on Wednesday to snap a three-session losing skid as investors...

Published 11 Sep, 2020 02:42am

Business & Finance

Vaccine still possible this year, despite trial pause: AstraZeneca

"Some will read out this year in terms of efficacy and safety," he told a Downing Street news conference.

Published 10 Sep, 2020 11:47pm

Coronavirus: latest global developments

More than 27.9 million cases have been confirmed.

Published 10 Sep, 2020 11:29pm

World

UN calls for 'quantum leap' in funding for virus fight

South Africa and Norway are co-chairing the ACT-Accelerator facilitation council, which will guide the programme's work.

Published 10 Sep, 2020 11:27pm

Markets

US weekly jobless claims flattening as labor market momentum ebbs

Weekly jobless claims unchanged at 884,000.
Continuing claims increase 93,000 to 13.385 million.
Producer prices rise 0.3% in August; core PPI up 0.3%.

Published 10 Sep, 2020 08:12pm

World

Vaccine still possible this year, despite trial pause: AstraZeneca

AstraZeneca announced Wednesday it had "voluntarily paused" its trial of a drug.

Published 10 Sep, 2020 06:06pm

Business & Finance

AstraZeneca expects COVID vaccine result by year-end if trials resume

CEO confirms timeline, contingent on safety board ruling.
Says case of transverse myelitis has yet to be confirmed.
Says up to 60,000 set to take part in trial programme.
Trials not smaller than the norm for vaccines, CEO says.
Transverse myelitis cases rare, link to vaccines unclear.

Published 10 Sep, 2020 05:37pm

Business & Finance

US stocks end up after three down days, Dow +1.6%, Nasdaq +2.7%

Tiffany filed a lawsuit against LVMH in a Delaware court, saying the French company has no basis to walk away from the merger.

Published 10 Sep, 2020 04:07am

Markets

Japan stocks hit 1-1/2-week low

TOKYO: Japanese shares on Wednesday dropped to their lowest in more than a week as global risk sentiment soured ...

Published 10 Sep, 2020 02:29am

Markets

FTSE 100 advances on weak pound

LONDON: London's blue-chip index ended higher on Wednesday as weakness in the pound looked to benefit major...

Published 10 Sep, 2020 02:29am

AstraZeneca pauses coronavirus vaccine trial

LONDON: AstraZeneca has suspended global trials of its experimental coronavirus vaccine after an unexplained illness...

Updated 10 Sep, 2020 03:35am

Markets

Tokyo rubber dives to 2-week low

TOKYO: Japanese rubber futures fell to a two-week low on Wednesday, as a plunge in Shanghai futures prompted sells...

Published 10 Sep, 2020 02:29am

Markets

Gold rises in Europe

LONDON: Gold firmed on Wednesday on lingering uncertainties stemming from the coronavirus pandemic, but gains were...

Published 10 Sep, 2020 02:29am

Markets

US MIDDAY: Gold climbs

NEW YORK: Gold prices rose to their highest level in nearly a week on Wednesday, as the dollar weakened and concerns...

Published 10 Sep, 2020 02:29am

Markets

IMF chief warns global economic crisis 'far from over'

WASHINGTON: The global economy is showing signs of bouncing back from the severe downturn caused by the global...

Published 10 Sep, 2020 02:29am

Markets

Yen rises in European trade

LONDON: A stronger Japanese yen was the product of a build-up of worries in financial markets on Wednesday, after US...

Published 10 Sep, 2020 02:29am

Business & Finance

German bond yields rise on stocks rally, eyes on the ECB

Italian bond yields, expected to be a beneficiary of any additional ECB stimulus, edged down, with the 10-year 1.5 bps lower at 1.088%.

Published 09 Sep, 2020 08:47pm

Markets

US dollar slides from four-week high; euro rises

The dollar also fell against the Swiss franc, declining 0.4% to 0.9141 franc.

Published 09 Sep, 2020 08:45pm

Markets

Gold edges up on economic woes, firm dollar caps gains

Silver was little changed $26.71, while palladium was down 0.4% at $2,264.53.

Published 09 Sep, 2020 08:37pm

Markets

Equities rebound after three-session Nasdaq sell-off

MSCI's gauge of stocks across the globe gained 0.91% following broad declines in Asia and rallies in Europe.

Published 09 Sep, 2020 07:17pm

World

IMF says coronavirus crisis ‘far from over,’ more support needed

IMF estimates the total cost of the crisis will reach $12 trillion by the end of 2021.

Published 09 Sep, 2020 07:14pm

World

EU reserves 200 million more coronavirus vaccines

Labs around the world are racing to produce a vaccine to help end the worst health crisis in over a century.

Published 09 Sep, 2020 05:55pm

Markets

European stock markets climb despite rout elsewhere

Sterling continuing its retreat on fears that Britain will fail to strike a post-Brexit trade deal.

Published 09 Sep, 2020 05:25pm

CanSino Phase 3 COVID-19 vaccine trial in Pakistan expected to begin this month

The Ad5-nCoV trial will recruit around 8,000 volunteers over a four-month period , most of whom will be health workers

Published 09 Sep, 2020 04:57pm

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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