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Coronavirus Vaccine

Wall St set to open higher as job growth picks up pace in June

US job growth in June surges more than expected.
Tesla jumps after better-than-expected Q2 deliveries.
Travel stocks, banks among premarket gainers.
Futures: Dow 1.61%, S&P 1.24%, Nasdaq 0.98%.

Published 02 Jul, 2020 07:13pm

Markets

Gold steadies off 8-year high as risk appetite sharpens

US employment data due at 1230 GMT.
European stocks rise to near one-week high.
Dollar drops to one-week low.

Published 02 Jul, 2020 06:31pm

Markets

Stocks skip higher ahead of US jobs data

MSCI world index rises for 4th day.
All major Asian, European indexes in the green.
Copper at 6-month highs on supply fears.
Most currencies gain ground against a weaker dollar.

Published 02 Jul, 2020 06:22pm

Markets

Stocks rally as vaccine hope offsets new lockdowns

The Hang Seng Index rose almost three percent, while Shanghai ended up 2.1 percent.

Published 02 Jul, 2020 05:23pm

Markets

Indian shares climb 4-month peak on vaccine hopes, rupee surges

The NSE Nifty 50 index ended 1.17% higher at 10,551.7, while the benchmark S&P BSE Sensex was up 1.21% at 35,843.7
The number of COVID-19 cases in India crossed 600,000, with the death toll touching 17,834, days after the government allowed more economic activities to resume.

Published 02 Jul, 2020 04:58pm

Markets

Dollar set for biggest weekly drop in a month before US data

A renewed significant fall in the unemployment rate would make the market feel confident about a recovery.
The mood also lifted sterling above $1.25 for the first time in a week. It last sat at $1.2482, having bounced almost 2% from a one-month low hit on Monday.

Published 02 Jul, 2020 04:34pm

World

BioNTech, Pfizer report progress in coronavirus vaccine trial

WASHINGTON: BioNTech of Germany and the US pharmaceutical giant Pfizer reported positive preliminary results on...

Updated 02 Jul, 2020 03:32am

World

Over 160,000 coronavirus cases reported every day in past week, a record: WHO

GENEVA: The global coronavirus pandemic is accelerating, the World Health Organization said Wednesday, with the...

Updated 02 Jul, 2020 03:32am

Markets

Wednesday's early trade: S&P, Nasdaq higher on vaccine hopes, improving data

NEW YORK: The S&P 500 and Nasdaq rose on Wednesday as rising hopes of a Covid-19 vaccine offset fears of another...

Published 02 Jul, 2020 02:48am

World

BioNTech and Pfizer's COVID-19 vaccine shows potential in human trial

BioNTech said testing of two dosages of its BNT162b1 drug on 24 healthy volunteers showed that after 28 days they had developed higher levels of COVID-19 antibodies than typically seen in infected people

Published 01 Jul, 2020 08:49pm

Markets

US stocks up on hiring data, COVID-19 vaccine progress

The broad-based S&P 500 gained 0.5 percent to 3,114.99, while the tech-rich Nasdaq Composite Index advanced 0.2 percent to 10.082.83.

Published 01 Jul, 2020 07:52pm

Markets

Debt suspension initiative

ARTICLE: Pakistan hopes to a make a potential saving of $ 2.7 billion or nearly 1% of 2019 GDP, as the Paris Club,...

Published 01 Jul, 2020 03:09am

Markets

European stocks record best quarter since March 2015

FRANKFURT: European stocks rose marginally on Tuesday to close out their best quarter since March 2015 as investors...

Published 01 Jul, 2020 03:09am

World

US biotech firm Inovio reports encouraging virus vaccine results

Inovio's vaccine, called INO-4800, is designed to inject DNA into a person so as to set off a specific immune system response against the SARS-CoV-2 virus.

Published 30 Jun, 2020 07:19pm

World

Iran says still in first wave of virus outbreak

"The coronavirus is currently peaking in border provinces or cities which did not experience a peak in the first months of the outbreak," health ministry spokeswoman said.

Published 30 Jun, 2020 05:51pm

Markets

Chinese coronavirus vaccine approved for military use

BEIJING: China's military has approved a coronavirus vaccine for use within its ranks that has been developed by its...

Published 30 Jun, 2020 03:10am

World

WHO to send team to China as it warns pandemic far from over

And the World Health Organization warned that in an atmosphere of global division and politicisation of the COVID-19 crisis, it feared the worst was yet to come.

Published 30 Jun, 2020 02:23am

Business & Finance

Temasek-led investor group in $250mn vaccine bet on Germany's BioNTech

The investment, which BioNTech said was via a private placement, reflects heightened investor interest in the race to develop an agent.
It has said it expects first clinical data on its COVID-19 vaccine development programme known as BNT162 this month or in July.

Published 29 Jun, 2020 07:22pm

Opinion

India's foreign policy follies

ARTICLE: When in trouble shoot out. Nations have a habit of using internal/ external policy overtures to deflect...

Published 29 Jun, 2020 02:41am

World's first inactivated Covid-19 vaccine produces antibodies: Chinese experts

Researchers say results of the clinical trial showed that the vaccination is safe and has no serious reaction

Published 28 Jun, 2020 10:38am

World

Global coronavirus cases exceed 10 million

The figure is roughly double the number of severe influenza illnesses recorded annually, according to the World Health Organisation.

Updated 28 Jun, 2020 11:18am

World

US tops 2.5mn virus cases as infections surge

The US leads the world in COVID-19 cases by far, accounting for well over a third of the global total of nearly 9.9 million since the virus emerged late last year in China.

Published 28 Jun, 2020 10:20am

PM says his team amongst first to enforce smart lockdowns in country

The prime minister referred to an article which highlighted the effectiveness and approach adopted by European countries to impose smart lockdown

Published 28 Jun, 2020 10:02am

Top US virus expert warns of 'serious problem' as cases surge

HOUSTON: America's top infectious diseases expert has warned the United States is facing a "serious problem" from a...

Published 28 Jun, 2020 02:59am

Business & Finance

Brazil signs agreement to produce AstraZeneca's experimental COVID-19 vaccine

The AstraZeneca vaccine is considered the world's leading candidate and most advanced in terms of development to obtain licensure.
Elcio Franco, Brazil's No.2 public health official, said in a press conference that the country will initially produce some 30 million doses of the vaccine.

Published 27 Jun, 2020 08:12pm

Markets

Gold slides in Europe

LONDON: Gold prices fell on Friday as rival safen-haven US dollar took some shine off the precious metal amid rising...

Published 27 Jun, 2020 02:55am

World

Over $30bn needed to develop COVID-19 tests, treatments, vaccines: WHO

The announcement came ahead of a major pledging event in Brussels in support of the ACT accelerator, set to take place on Saturday.

Published 27 Jun, 2020 02:11am

Markets

Latam assets plunge as virus cases grow, eye third weekly decline

The Brazilian real led declines among regional counterparts, weakening 2.7% against the dollar.
Mexico's peso slipped 1% after data showed Mexico's economy posted a record contraction in April.

Published 26 Jun, 2020 08:27pm

World

AstraZeneca, Moderna ahead in COVID-19 vaccine race: WHO

The British drugmaker has already begun large-scale, mid-stage human trials of the vaccine

Published 26 Jun, 2020 08:12pm

World

WHO-led coalition says $31.3bn needed for tools to fight COVID-19

WHO-led initiative has almost $28 bln funding shortfall.
Funding needed pales in comparison to COVID-19 cost - ACT.
Global collaboration needed for fair access to drugs- WHO.

Published 26 Jun, 2020 08:01pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Cotton US¢/pound / Apr 23	82.37
Petrol/Litre / Apr 24	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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