Trends - Coronavirus - Business Recorder

Coronavirus

Children can become silent carriers of coronavirus: experts

KARACHI: Amid fears of second wave of the coronavirus in the country with no more restrictions and lockdown in ...

Published 27 Oct, 2020 02:59am

Pakistan

Five Covid-19 cases: QAU Islamabad temporarily closed

ISLAMABAD: The Quaid-i-Azam University (QAU) Islamabad Monday was temporarily closed following the emergence of five...

Published 27 Oct, 2020 02:59am

Pakistan

198 new cases of coronavirus in Punjab: People violating precautionary measures

LAHORE: The people of provincial capital are undeterred by the rising cases of coronavirus in Punjab as they are...

Published 27 Oct, 2020 02:59am

Opinion

The challenge of Covid-19

Alarmingly, the number of positive coronavirus-19 cases is on the rise again in the country. One of the reasons...

Published 27 Oct, 2020 02:59am

Covid-19 donations: No funds released to provinces, AJK and G-B, NA told

ISLAMABAD: Despite getting a huge sum of Rs 4.84 billion donations from both national and international donors to...

Published 27 Oct, 2020 02:59am

Markets

Global outbreak of Covid-19: PRGMEA urges SBP to stop sending show-cause notices to exporters

LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) regional chairman Adeeb...

Published 27 Oct, 2020 02:59am

Pakistan

707 new Coronavirus cases reported; three deaths in past 24 hours

Three corona patients, who were under treatment in hospital died on Sunday, according to the latest update issued by the National Command and Operation Centre (NCOC).

Updated 27 Oct, 2020 02:57pm

Pakistan

Federal capital registers 91 new COVID-19 cases

They also started taking actions on violation of SOPs related with the Corona while visiting marriage halls, markets and petrol pumps by its inspection teams.

Published 26 Oct, 2020 11:02pm

Markets

US stock sell-off accelerates, Dow loses 3%

The broad-based S&P 500 fell 2.6 percent to 3,376.60, while the tech-rich Nasdaq Composite Index shed 2.4 percent to 11,262.07.

Published 26 Oct, 2020 10:53pm

Markets

Yield curve flatter on coronavirus, election concerns

The benchmark 10-year yield was down 2.7 basis points in morning trading at 0.8144%.
There's enough uncertainty with regards to how the Senate elections come out, it's easier to wait rather than sell Treasuries on the expectation of a certain outcome.

Published 26 Oct, 2020 08:04pm

Pakistan

HEC says no directives issued for closure of universities amid second COVID-19 wave

Pakistan has recorded 328,602 coronavirus cases, 6,739 deaths, and 311,075 from the pandemic.

Updated 26 Oct, 2020 08:26pm

Markets

Rouble retreats from one-month high as rising COVID-19 cases limit risk appetite

The rouble was 0.3% weaker against the dollar at 76.36 but had gained 0.1% to trade at 90.23 versus the euro.
It is easy to assume that the majority of investors will continue to sit on the fence as there is very little time left until the US election.

Updated 26 Oct, 2020 07:58pm

Pakistan

CM Balochistan tests positive for COVID-19 second time

The CM broke the news via twitter stating that he has been diagnosed with the virus for the second time.

Published 26 Oct, 2020 07:01pm

World

Iran reports COVID-19 death every four minutes, extends curbs

"Our doctors and nurses are tired. I urge everyone to respect the protocols," Alireza Zali said.
The closure of schools, mosques, shops, restaurants and other public institutions in Tehran, that was due to end on Monday, would now be extended until Nov. 20.

Updated 27 Oct, 2020 02:52pm

Markets

Safe-haven dollar up as coronavirus surges, US stimulus hope fades

Chinese yuan hits 1-week low vs dollar.
Nokkie, Aussie dollar losers in G10 space.
British pound rises vs dollar, euro.

Published 26 Oct, 2020 05:46pm

Markets

Copper falls for third session on profit-taking, COVID worries

Copper tracked a pullback in wider financial markets that were also eyeing the launch of an assembly in China.
Last week copper broke through the $7,000 level for the first time in 28 months during an online LME Week.

Published 26 Oct, 2020 05:29pm

World

Weekly average COVID-19 infections reach new heights in US

The two highest single days of new cases were Friday and Saturday, with more than 83,000 new cases added each day.

Updated 26 Oct, 2020 04:24pm

‘Second wave is here’: Islamabad administration imposes lockdown in 10 streets

Only people with jobs in essential services and with negative Covid certificates will be allowed to leave the area.

Published 26 Oct, 2020 10:37am

Business & Finance

Oil falls as COVID-19 case surge stokes demand concerns

Brent crude was down 70 cents, or 1.7%, at $41.07 by 0353 GMT. U.S. West Texas Intermediate (WTI) dropped 69 cents, or 1.7%, to $39.16, having fallen more than a dollar shortly after the start of trading.

Published 26 Oct, 2020 10:15am

Business & Finance

COVID-19 pandemic deals body blow to quant models, study shows

In a report, financial data provider Refinitiv said 72% of such investors were hurt by the pandemic. Some 12% declared their models obsolete and 15% were building new ones.

Published 26 Oct, 2020 10:08am

Pakistan

New 157 Covid-19 cases reported in Islamabad: NCOC

ISLAMABAD: National Command and Operation Centre (NCOC) on Coronavirus Sunday said that 157 new Covid-19 cases were...

Updated 26 Oct, 2020 04:22am

Pakistan

310 new cases of Covid-19 emerge

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that 310 new cases of coronavirus emerged when 9,019...

Published 26 Oct, 2020 02:52am

World

Covid chaos piles up for Trump, nine days before vote

WASHINGTON: Donald Trump’s reelection campaign was buffeted Sunday by another Covid-19 outbreak in his team,...

Published 26 Oct, 2020 02:52am

World

Qatar signs deal to buy Moderna Covid-19 vaccine

DUBAI: Qatar has signed an agreement with drugmaker Moderna Inc to buy its potential Covid-19 vaccine as soon as it...

Published 26 Oct, 2020 02:52am

Business & Finance

Airlines suffering from business class blues in age of Covid

NEW YORK: The Covid-19 pandemic has ushered in the era of video meetings. But can Zoom really replace in-person...

Updated 26 Oct, 2020 04:11am

World

Frankfurt cancels Christmas market over virus spike

Germany is home to some 2,500 Christmas markets each year that kick off the festive season in late November and are much loved by locals and tourists alike.

Published 25 Oct, 2020 05:49pm

Pakistan

Coronavirus claims nine more lives taking death tally to 6,736

The figure of patients recovered from the virus has reached 310,491

Published 25 Oct, 2020 09:42am

Pakistan

He said there were “incredible stories of hope and resilience, of people and businesses responding creatively to the outbreak, and we need to share these widely.”

Published 24 Oct, 2020 11:28pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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