Trends - COVID - Business Recorder

COVID

Thai finance ministry cuts 2021 GDP outlook to 1.3% growth

However, the ministry raised its 2021 forecast for exports, a key growth driver, to a 16.6% rise from the 11% increase it predicted in April, Kulaya Tantitemit

Published 29 Jul, 2021 12:40pm

Pakistan

FPCCI criticises ‘contractionary model’ of MPS

ISLAMABAD: Mian Nasser Hyatt Maggo, President, the Federation of Pakistan Chambers of Commerce and Industry while...

Published 28 Jul, 2021 04:45am

Business & Finance

MMBL posts 98pc growth in total revenue

ISLAMABAD: Pakistan’s largest Digital Bank, Mobilink Microfinance Bank Limited (MMBL) Tuesday announced its...

Published 28 Jul, 2021 04:45am

World

Tunisia president sacks defence minister amid political turmoil

TUNIS: Tunisian President Kais Saied sacked the defence minister Monday, a day after ousting the prime minister and...

Published 27 Jul, 2021 04:40am

Markets

U.S. yields slightly down after solid 2-year note auction, ahead of Fed

Chinese blue chips shed 3.2% in the biggest daily decline since March, as the education and property sectors were battered due to concerns over tighter government rules.

Published 26 Jul, 2021 11:49pm

Markets

Japanese shares track global peers higher, but virus woes cap gains

Nikkei average rose as much as 1.77% in early trade after a four-day weekend that marked the opening of Tokyo Olympics, before shedding a part of the gains to trade 1.30% higher at 27,906.28

Published 26 Jul, 2021 10:29am

Business & Finance

Japan exports jump

TOKYO: Japan's exports jumped in June led by US demand for cars and China-bound shipments of chip-making equipment,...

Published 26 Jul, 2021 05:21am

Business & Finance

Five metrics bond investors watching as Covid fears return

NEW YORK: A wild week in Treasuries has investors parsing the cross-currents that may sway prices for US government...

Published 26 Jul, 2021 05:21am

World

US renews call on Myanmar to free journalist amid Covid fears

WASHINGTON: The United States on Friday renewed calls on Myanmar's junta to free a jailed US journalist as concerns...

Published 25 Jul, 2021 05:20am

World

Vaccinated people make up 75% of recent COVID-19 cases in Singapore, but few fall ill

Of Singapore's 1,096 locally transmitted infections in the last 28 days, 484, or about 44%, were in fully vaccinated people, while 30% were partially vaccinated and just over 25% were unvaccinated, Thursday's data showed.

Published 23 Jul, 2021 05:20pm

World

China reports more local COVID-19 cases in eastern province of Jiangsu

Nanjing has started mass COVID-19 testing of its 9.3 million population, suspended a subway line linking the airport to a train station, and sealed off some residential compounds

Published 23 Jul, 2021 09:55am

Pakistan

2,145 fresh Covid-19 cases detected across country

ISLAMABAD: Pakistan has detected 2,145 fresh coronavirus cases and 37 deaths in past 24 hours taking the national...

Published 21 Jul, 2021 01:51am

Sports

Olympic athletes infected as Covid travel woe hits Europe

TOKYO: Two athletes became the first to test positive for the coronavirus in the Tokyo Olympic Village, officials...

Published 19 Jul, 2021 06:17am

Pakistan

Punjab witnessing steady rise in Covid-19 cases: Presence of Delta variant poses a huge challenge: health minister

LAHORE: While coronavirus is mutating at faster pace and its new variants are continuously emerging, Punjab is...

Published 18 Jul, 2021 04:14am

Economic recovery gathers momentum in Q3FY21: SBP

KARACHI: The State Bank of Pakistan (SBP) Friday said there was growing evidence that the economic recovery gathered...

Updated 17 Jul, 2021 10:08am

World

WHO warns of ‘dangerous’ variants as Covid cases rise globally

PARIS: The World Health Organization (WHO) warned Thursday that “more dangerous” variants of Covid-19 could tear...

Published 16 Jul, 2021 04:34am

Business & Finance

Cuba offers to establish vaccine production facility in Pakistan

In a major development for Pakistan in its efforts to enhance its pharmaceutical industry, the Republic of Cuba has...

Published 14 Jul, 2021 04:06pm

Markets

S&P reaffirms India’s long-term sovereign credit rating, outlook

MUMBAI: Standard and Poor’s affirmed its rating on India’s long-term foreign and local currency sovereign credit...

Published 14 Jul, 2021 03:59am

Markets

Asia’s naphtha crack eases from multi-year high

SINGAPORE: Asian refining profit margins for gasoline and naphtha slid on Tuesday. The naphtha crack dipped to...

Published 14 Jul, 2021 03:59am

Sports

Vince hits maiden ODI ton as England sweep Pakistan series

Set a challenging 332 to win, England, who without most of their first-choice players because of a pre-series Covid outbreak within their camp, were faltering at 165-5.

Updated 14 Jul, 2021 01:07am

World

UK's PM to 'restore our freedoms' after Covid lockdown

"Cases will rise as we unlock, so as we confirm our plans today, our message will be clear," Johnson said.

Updated 12 Jul, 2021 03:24pm

World

Australia's COVID-19 outbreak grows despite Sydney lockdown

State Premier said the progress of that figure in coming days would determine whether Sydney's lockdown, due to end on Friday, would be extended.

Published 12 Jul, 2021 09:33am

World

India's Covid-19 wave hits TCS profits

MUMBAI: The coronavirus wave that hit India this year badly ate into the earnings of the country's biggest software...

Published 12 Jul, 2021 05:26am

World

Polish zloty to regain lost ground

PRAGUE: Poland's zloty should gain almost 6% over the next 12 months, reclaiming lost ground after falling to a...

Published 12 Jul, 2021 05:26am

Pakistan

Qureshi, Blinken discuss region's situation

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi and United States Secretary of State Antony Blinken, on Friday,...

Published 10 Jul, 2021 03:42am

Business & Finance

Pakistan's garment workers lost over Rs13.5 billion in ‘wage theft’ during Covid-19: report

Asia Floor Wage Alliance cites survey of 50 factories, 605 workers

Updated 09 Jul, 2021 10:21pm

Pakistan

NCOC recommends banning air travel for unvaccinated people from August 1

Instructions come in wake of rising Covid-19 cases in the country

Published 09 Jul, 2021 07:11pm

World

Sydney tightens lockdown as Delta outbreak intensifies

Sydney is now in its third week of lockdown, but continues to post record new infections among a population that is overwhelmingly unvaccinated

Published 09 Jul, 2021 09:39am

Markets

Australia shares propped up by miners, tech stocks; virus worries weigh

The S&P/ASX 200 index rose 0.2% to 7,341.4 at the close of trade. During the session, the benchmark touched its highest level since June 18

Published 08 Jul, 2021 01:22pm

Pakistan

Taxes and profit repatriation: Multinational information cos raise major issues with govt

ISLAMABAD: Multinational information technology companies, on Wednesday, raised major issues with the government ...

Published 08 Jul, 2021 04:22am

Gainers
Losers
Leaders

Stock	Price
Sally Tex. / Jul 29 Sally Textile Mills Limited(SLYT)	5.39 ▲ 0.79 (17.17%)
Security Bank / Jul 29 Security Investment Bank Limited(SIBL)	7.35 ▲ 0.91 (14.13%)
Dewan Farooque Motors / Jul 29 Dewan Farooque Motors Limited(DFML)	11.68 ▲ 1.00 (9.36%)
Bilal Fibres / Jul 29 Bilal Fibres Limited(BILF)	3.63 ▲ 0.28 (8.36%)
Ghazi Fab. / Jul 29 Ghazi Fabrics International Limited(GFIL)	13.60 ▲ 1.00 (7.94%)
Arpak Int. / Jul 29 Arpak International Investments Ltd.(ARPAK)	87.09 ▲ 6.07 (7.49%)
Sardar Chemical / Jul 29 Sardar Chemical Industries Limited(SARC)	38.19 ▲ 2.66 (7.49%)
Maqbool Tex. / Jul 29 Maqbool Textile Mills Limited(MQTM)	35.78 ▲ 2.49 (7.48%)
Leiner Gelatine / Jul 29 Leiner Pak Gelatine Limited(LPGL)	26.62 ▲ 1.85 (7.47%)
Thal Ind. / Jul 29 The Thal Industries Corporation Limited(TICL)	319.50 ▲ 21.19 (7.10%)

Stock	Price
SME Leasing Ltd. / Jul 29 SME Leasing Limited(SLL)	2.97 ▲ -0.97 (-24.62%)
Image Pakistan / Jul 29 Image Pakistan Limited(IMAGE)	27.91 ▲ -6.29 (-18.39%)
Trust Mod. / Jul 29 Trust Modaraba(TRSM)	2.72 ▲ -0.33 (-10.82%)
Gatron Ind. / Jul 29 Gatron (Industries) Limited(GATI)	520.78 ▲ -42.22 (-7.50%)
Pak Engg. / Jul 29 Pakistan Engineering Co Limited(PECO)	392.73 ▲ -31.84 (-7.50%)
Khairpur / Jul 29 Khairpur Sugar Mills Limited(KPUS)	65.59 ▲ -5.31 (-7.49%)
Sitara Energy / Jul 29 Sitara Energy Limited(SEL)	13.09 ▲ -1.06 (-7.49%)
Dawood Equities / Jul 29 Dawood Equities Limited(DEL)	19.68 ▲ -1.59 (-7.48%)
TPL Ins. / Jul 29 TPL Insurance Limited(TPLI)	37.35 ▲ -2.99 (-7.41%)
First AL-Noor Mod. / Jul 29 First Al-Noor Modaraba(FANM)	3.50 ▲ -0.25 (-6.67%)

Stock	Volume
Worldcall / Jul 29 Worldcall Telecom Limited(WTL)	43,282,000 ▼ 0.00
Byco Petroleum / Jul 29 Byco Petroleum Pakistan Limited(BYCO)	40,201,000 ▼ 0.00
Unity Foods / Jul 29 Unity Foods Limited(UNITY)	14,354,857 ▼ 0.00
Aisha Steel / Jul 29 Aisha Steel Mills Limited(ASL)	8,577,000 ▼ 0.00
Hascol Petroleum / Jul 29 Hascol Petroleum Limited(HASCOL)	7,873,569 ▼ 0.00
Hum Network / Jul 29 Hum Network Limited(HUMNL)	7,718,000 ▼ 0.00
Silkbank / Jul 29 Silkbank Limited(SILK)	6,825,000 ▼ 0.00
TRG Pakistan / Jul 29 TRG Pakistan Limited(TRG)	6,356,174 ▼ 0.00
TPL Corp / Jul 29 TPL Corp Limited(TPL)	6,355,500 ▼ 0.00
Telecard Ltd. / Jul 29 Telecard Limited(TELE)	6,251,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 29	162.00
USD PKR Interbank Buying / Jul 29	161.90
USD to Japanese Yen / Jul 29	109.85
USD to Swiss Franc / Jul 29	0.91
Pound Sterling to USD / Jul 29	1.39
Euro to USD / Jul 29	1.18
UK LIBOR % / Jul 29	0.08

Stock	Volume
S&P 500 / Jul 29	4400.64
India Sensex / Jul 29	52443.71
Tokyo Nikkei / Jul 29	27725.72
Nasdaq / Jul 29	14762.59
Hang Seng / Jul 29	25473.88
FTSE 100 / Jul 29	7016.63
Dow Jones / Jul 29	34930.93
Germany DAX 30 / Jul 29	15570.36
France CAC40 / Jul 29	6609.31

Item	Value
Crude Oil / Jul 29	72.32
Karachi Cotton Assoc. / Jul 29	13080.00
Gold 10 Grams / Jul 29	94050.00
Gold Spot / Jul 29	1810.11
Cotton / Jul 29	90.52

COVID

Thai finance ministry cuts 2021 GDP outlook to 1.3% growth

FPCCI criticises ‘contractionary model’ of MPS

MMBL posts 98pc growth in total revenue

Tunisia president sacks defence minister amid political turmoil

U.S. yields slightly down after solid 2-year note auction, ahead of Fed

Japanese shares track global peers higher, but virus woes cap gains

Japan exports jump

Five metrics bond investors watching as Covid fears return

US renews call on Myanmar to free journalist amid Covid fears

Vaccinated people make up 75% of recent COVID-19 cases in Singapore, but few fall ill

China reports more local COVID-19 cases in eastern province of Jiangsu

2,145 fresh Covid-19 cases detected across country

Olympic athletes infected as Covid travel woe hits Europe

Punjab witnessing steady rise in Covid-19 cases: Presence of Delta variant poses a huge challenge: health minister

Economic recovery gathers momentum in Q3FY21: SBP

WHO warns of ‘dangerous’ variants as Covid cases rise globally

Cuba offers to establish vaccine production facility in Pakistan

S&P reaffirms India’s long-term sovereign credit rating, outlook

Asia’s naphtha crack eases from multi-year high

Vince hits maiden ODI ton as England sweep Pakistan series

UK's PM to 'restore our freedoms' after Covid lockdown

Australia's COVID-19 outbreak grows despite Sydney lockdown

India's Covid-19 wave hits TCS profits

Polish zloty to regain lost ground

Qureshi, Blinken discuss region's situation

Pakistan's garment workers lost over Rs13.5 billion in ‘wage theft’ during Covid-19: report

NCOC recommends banning air travel for unvaccinated people from August 1

Sydney tightens lockdown as Delta outbreak intensifies

Australia shares propped up by miners, tech stocks; virus worries weigh

Taxes and profit repatriation: Multinational information cos raise major issues with govt

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