Trends - Covid pandemic - Business Recorder

Covid pandemic

Urgent need for economic diplomacy activism

‘It is therefore in advanced economies’ interest to help poorer countries reduce the mounting risk of little...

Published 20 May, 2022 05:42am

Business & Finance

17th ‘My Karachi Oasis of Harmony’ exhibition starts today

KARACHI: The KARACHI Chamber of Commerce and Industry (KCCI) has made all arrangement to hold 17th My Karachi Oasis...

Published 13 May, 2022 05:59am

World

US helped raise $3.1 billion for global pandemic response

WASHINGTON: The United States helped raise over $3.1 billion in commitments to the international pandemic response...

Published 12 May, 2022 05:37pm

Opinion

For some European states, rising debt costs rekindle 2011 crisis memories

The rise in European bond yields is alarming some economists, who warn that Italy and Greece in particular do not...

Published 11 May, 2022 04:58am

Business & Finance

FPCCI’s UBG says it’s confident about PM’s approach to economy

LAHORE: The United Business Group (UBG) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on...

Published 06 May, 2022 05:03am

World

China Covid death toll rises as Beijing warns of ‘grim’ situation

SHANGHAI: Shanghai reported 39 Covid deaths Sunday, official data showed, its highest daily toll since a weeks-long...

Published 24 Apr, 2022 10:08am

World

IMF’s Georgieva says China should stimulate consumption as lockdowns mount

WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that China should...

Published 20 Apr, 2022 07:21pm

Markets

Main participants sideline on cotton market

LAHORE: The local cotton market on Tuesday remained dull while the trading volume remained low. Cotton Analyst...

Published 20 Apr, 2022 05:12am

World

High debt could slow countries’ recoveries: IMF

NEW YORK: Debt accumulated by businesses and individuals worldwide could slow economic recoveries from the pandemic...

Published 18 Apr, 2022 08:22pm

Editorials

Not a happy scene

EDITORIAL: The latest Annual Status of Education Report (ASER), a citizens-led initiative aimed at providing ...

Published 10 Apr, 2022 05:49am

Pakistan

Reopening of Khunjerab Pass to facilitate Pak-China trade, says Dawood

Development will facilitate second phase of the Pakistan-China Free Trade Agreement (FTA)

Updated 29 Mar, 2022 07:03pm

Markets

China shares end higher on stimulus hopes as Covid cases rise

SHANGHAI: Chinese shares closed up on Wednesday, as investors were expecting measures to stabilise the economy after...

Published 24 Mar, 2022 05:36am

World

Defaults loom as US student loan payments resume: Fed

WASHINGTON: Nearly 40 million Americans will begin making payments on their student loans when a pandemic debt...

Published 22 Mar, 2022 10:56pm

Business & Finance

TIPP to provide to its users latest, authentic info on taxes, trade

ISLAMABAD: The traders, overseas Pakistanis, and potential investors would be able to get the latest and authentic...

Published 22 Mar, 2022 05:21am

Opinion

Pandemic pushes SDGs further out of reach of Asia and the Pacific

2022 marks the second anniversary of the Covid-19 pandemic, and while an end to the pandemic is in sight, it is far...

Published 17 Mar, 2022 04:53am

World

Japan set to remove all COVID restrictions as new infections ebb

TOKYO: Japan is set to announce on Wednesday the lifting of COVID-19 restrictions imposed on Tokyo and 17 other...

Published 16 Mar, 2022 11:41am

World

Hong Kong leader says no plans to tighten COVID social distancing measures

HONG KONG: Hong Kong leader Carrie Lam said on Monday there were no current plans to further tighten strict social...

Published 14 Mar, 2022 10:29am

Agriculture finance: SBP announces formation of task force

KARACHI: Governor State Bank of Pakistan (SBP) Dr Reza Baqir has announced a task force to boost agriculture finance...

Updated 12 Mar, 2022 09:50am

Markets

Wall Street drops 1pc on inflation angst as oil soars

NEW YORK: US stock indexes tumbled more than 1% on Monday as the prospect of a ban on oil imports from Russia sent...

Published 08 Mar, 2022 05:15am

Pakistan

Standard Chartered, BAT celebrate impact of ‘Agri-preneur Project’

KARACHI: Standard Chartered and The British Asian Trust (BAT) orchestrated a grand ceremony to celebrate the success...

Published 06 Mar, 2022 05:14am

World

Covid has taken severe mental health toll: WHO

GENEVA: The Covid pandemic has taken a dire toll on mental health, the WHO said Wednesday, indicating that cases of...

Published 03 Mar, 2022 04:39am

World

Biden seeks US unity through Russia crisis

WASHINGTON: President Joe Biden won standing ovation upon standing ovation Tuesday in a rousing State of the Union...

Published 02 Mar, 2022 09:58am

World

Greeks protest at soaring cost of living

ATHENS: Thousands of Greeks on Saturday joined union protests in several cities against a steep rise in the cost of...

Published 27 Feb, 2022 06:39am

Markets

Fuel prices raised in Sri Lanka as energy crisis worsens

COLOMBO: One of Sri Lanka’s biggest fuel suppliers put up its prices by as much as 12 percent on Saturday, as the...

Published 27 Feb, 2022 06:39am

Covid response: ECC approves Rs450m for NIH project

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved Rs450 million for the...

Updated 26 Feb, 2022 10:02am

Business & Finance

Jul 2021 to Jan 2022: ICT export remittances surge to $1.487bn

ISLAMABAD: The ICT export remittances, including telecommunication, computer and information services for the period...

Published 26 Feb, 2022 04:37am

Opinion

Global economic crisis and Neoliberalism

‘The global multilateral economic system has been stress tested twice this century. The first time was with the...

Published 25 Feb, 2022 06:19am

Pakistan

IBA Karachi organises ‘Career Fair’

KARACHI: After a wait of two years owing to the Covid pandemic, the IBA Career Fair 2022 was brought back on campus...

Published 24 Feb, 2022 06:34am

Opinion

Crisis of inflation, debt, and weak SDR allocation response

‘We’ve entered an era where supply constraints are the driving force of inflation rather than excess demand. ...

Published 18 Feb, 2022 04:31am

Business & Finance

China to work with Asian nations to grow use of local currencies in trade

BEIJING: China will work with Asian countries to beef up use of local currencies in trade and investment, Yi Gang,...

Published 17 Feb, 2022 06:37am

Gainers
Losers
Leaders

Stock	Price
First Pak Mod. / May 21 First Pak Modaraba(PAKMI)	3.30 ▲ 0.90 (37.50%)
B. F. Mod. / May 21 B.F. Modaraba(BFMOD)	7.00 ▲ 1.00 (16.67%)
Paramount Mod / May 21 First Paramount Modaraba(FPRM)	8.99 ▲ 0.99 (12.38%)
S.G.Power / May 21 S.G. Power Limited(SGPL)	4.99 ▲ 0.47 (10.40%)
Pak Gen.Ins. / May 21 The Pakistan General Insurance Co. Ltd.(PKGI)	10.99 ▲ 0.91 (9.03%)
Flying Cement / May 21 Flying Cement Company Limited(FLYNG)	8.10 ▲ 0.64 (8.58%)
Pak Engineering / May 21 Pakistan Engineering Company Limited(PECO)	279.50 ▲ 19.50 (7.50%)
Sapphire Fib. / May 21 Sapphire Fibres Limited(SFL)	1099.72 ▲ 76.72 (7.50%)
Dadex Eternit / May 21 Dadex Eternit Limited(DADX)	73.09 ▲ 5.09 (7.49%)
Maqbool Tex. / May 21 Maqbool Textile Mills Limited(MQTM)	64.12 ▲ 4.47 (7.49%)

Stock	Price
Ask.Gen.Insur. / May 21 Askari General Insurance Company Limited(AGIC)	18.06 ▲ -2.73 (-13.13%)
Oilboy Energy / May 21 Oilboy Energy Limited(OBOY)	10.35 ▲ -1.39 (-11.84%)
Sakrand Sugar / May 21 Sakrand Sugar Mills Limited(SKRS)	8.25 ▲ -0.79 (-8.74%)
Punjab Mod / May 21 First Punjab Modaraba(FPJM)	1.64 ▲ -0.15 (-8.38%)
Service Textile / May 21 Service Industries Textiles Limited(SERT)	10.00 ▲ -0.90 (-8.26%)
TPL Insurance / May 21 TPL Insurance Limited(TPLI)	30.63 ▲ -2.48 (-7.49%)
AL-Noor Sugar / May 21 Al-Noor Sugar Mills Limited(ALNRS)	57.50 ▲ -4.36 (-7.05%)
Shield Corp. / May 21 Shield Corporation Limited(SCL)	235.50 ▲ -16.50 (-6.55%)
Dynea Pakistan / May 21 Dynea Pakistan Limited(DYNO)	150.13 ▲ -9.87 (-6.17%)
Bal. Wheel / May 21 Baluchistan Wheels Limited(BWHL)	73.85 ▲ -4.78 (-6.08%)

Stock	Volume
K-Electric Ltd. / May 21 K-Electric Limited(KEL)	18,994,000 ▼ 0.00
Silk Bank Ltd / May 21 Silkbank Limited(SILK)	16,885,500 ▼ 0.00
Pak Elektron / May 21 Pak Elektron Limited(PAEL)	16,358,000 ▼ 0.00
Pak Refinery / May 21 Pakistan Refinery Limited(PRL)	12,930,788 ▼ 0.00
WorldCall Telecom / May 21 Worldcall Telecom Limited(WTL)	12,253,500 ▼ 0.00
Waves Singer / May 21 Waves Singer Pakistan Limited(WAVES)	6,934,500 ▼ 0.00
Fauji Foods Ltd / May 21 Fauji Foods Limited(FFL)	6,538,000 ▼ 0.00
Cnergyico PK / May 21 Cnergyico PK Limited(CNERGY)	5,919,271 ▼ 0.00
Fauji Cement / May 21 Fauji Cement Company Limited(FCCL)	5,880,500 ▼ 0.00
Ghani Glo Hol / May 21 Ghani Global Holdings Limited(GGL)	5,477,638 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	128.12
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.24
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3900.79
India Sensex / May 20	52792.23
Tokyo Nikkei / May 20	26673.91
Nasdaq / May 20	11388.50
Hang Seng / May 20	20581.03
FTSE 100 / May 20	7302.74
Dow Jones / May 20	31253.13
Germany DAX 30 / May 20	13882.30
France CAC40 / May 20	6272.71

Item	Value
Crude Oil / May 20	112.00
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	113300.00
Gold Spot / May 20	1838.55
Cotton / May 20	128.58

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