Trends - COVID19 - Business Recorder

COVID19

Small industries: APBF urges govt to take solid steps in budget

LAHORE: With a view to help grow the businesses in post-corona economic strategy the government will have to take...

Published 01 Jun, 2021 04:59am

World

EXPLAINER: Why is a tranquil Indian archipelago simmering in protest?

The Kerala state legislative assembly adopted a motion on Monday demanding protection for people's livelihoods and the removal of the lawmaker, Praful Patel.
Adding to the bad feeling, a protest against a local official's comments on drug abuse resulted in 23 arrests, according to Indian media.

Published 31 May, 2021 11:04pm

ECC approves Rs20 billion to purchase 10 million vaccine doses

The government aims to vaccinate 10 million people in June

Published 31 May, 2021 10:09pm

World

Italy reports 82 coronavirus deaths on Monday, 1,820 new cases

Italy has registered 126,128 deaths linked to COVID-19 since its outbreak emerged in February last year, the second-highest toll in Europe after Britain and the seventh-highest in the world. The country has reported 4.22 million cases to date.

Published 31 May, 2021 08:44pm

World

France reports 2,945 people in intensive care units with COVID-19

The total number of people in hospital also dropped by a further 179 to 16,596 as the gradual unwinding of France's third nationwide lockdown showed no sign of increasing the pressure on hospitals and the vaccination campaign sped up.

Published 31 May, 2021 08:33pm

World

Brazil services confidence in May surges to pre-pandemic high

The Getulio Vargas Foundation's (FGV) services sector confidence index rose 6.4 points to 88.1 points in May, the second consecutive rise and the highest since the pre-pandemic levels of February last year.
"An expanded vaccination program will extend the recovery in a sector that was hit hard during the pandemic," he said.

Published 31 May, 2021 07:43pm

Pakistan

Govt wants to inoculate maximum people to avoid restrictions on Eidul Azha: Asad Umar

On May 29, the country vaccinated record 0.38 million people, taking the total vaccine administered to over 7 million.
The government aims to vaccinate 10 million people in June and as many people in July to be able to avoid strict lockdown on Eidul Adha.

Updated 31 May, 2021 08:38pm

World

France opens Covid jabs for all adults in race against variants

So far, 25.4 million people have received a first shot of a vaccine, representing about 38 percent of the population and nearly one in two adults.

Updated 31 May, 2021 08:29pm

World

Indian court orders COVID-related audit of Renault-Nissan plant

Nissan, which owns a majority stake in the plant, denied the allegations in court, saying it follows all guidelines. It did not immediately respond to a request for comment.
Renault-Nissan, Ford and Hyundai halted work at their plants last week after workers protested and some went on strike.

Published 31 May, 2021 07:16pm

Pakistan

NCOC decides to schedule above 18 age individuals vaccination from June 3: Asad

He went on to mention that with this step the vaccination of all eligible age groups would be carried out.

Published 31 May, 2021 07:14pm

World

India's economic growth picks up in Jan-March, before huge COVID-19 wave

Economy grows 1.6% y/y in March qtr vs 0.5% in December qtr.
Manufacturing up 6.9% vs 1.6% in previous quarter.
Economists say vaccination drive to impact growth prospects.

Published 31 May, 2021 07:09pm

Business & Finance

Bank of Israel keeps benchmark interest rate at 0.1pc

Israel's inflation rate moved to 0.8% in April from 0.2% in March, just below the government's 1-3% annual target range. While the economy contracted an annualised 6.5% in the first quarter from the prior three months, growth is expected to reach 4-6% in 2021 given more than half of Israeli adults are already vaccinated and the economy has largely reopened.

Published 31 May, 2021 07:07pm

Pakistan

ECC approves US $ 130mn for corona vaccine procurement

During the new financial year, need for additional funds would be reviewed and additional funds would be provided accordingly.

Published 31 May, 2021 07:02pm

Pakistan

PPP always plundered farmers rights, but now doing dirty politics on water issue: Shahbaz Gill

He said that those who knew nothing about the economy were portraying themselves as economic experts only in statements.

Published 31 May, 2021 06:55pm

Business & Finance

OECD sees higher world GDP growth but fears 'headwinds'

The world economy will expand by 5.8 percent this year, the highest since 1973 and up from a previous estimate of 5.6 percent.

Published 31 May, 2021 05:46pm

World

Singapore to vaccinate schoolchildren against Covid

This included closing schools amid signs that new variants, such as the one first detected in India, were affecting children in greater numbers.

Published 31 May, 2021 05:42pm

World

Vietnam to suspend incoming international flights to Hanoi over Covid

Vietnam's health minister said over the weekend that authorities had discovered a highly infectious "new hybrid variant" -- a combination of the Indian and UK variants.

Published 31 May, 2021 05:15pm

World

OECD raises growth forecasts on vaccine rollouts, US stimulus

Buoyed by a multi-trillion-dollar stimulus plan, the US economy was seen growing 6.9% this year, the OECD said, up from a previous forecast of 6.5%. It is expected to expand 3.6% in 2022, down from a 4.0% forecast in March.

Published 31 May, 2021 02:29pm

World

Russia reports 8,475 COVID-19 cases, 339 deaths

The government coronavirus task force said that 339 people had died of coronavirus-related causes in the last 24 hours. That pushed the death toll to 121,501.

Published 31 May, 2021 02:16pm

Markets

Dollar hits 3-year low vs Chinese yuan

The euro was flat at $1.216, off Friday's low of $1.2133. The British pound also barely moved at $1.4176.

Published 31 May, 2021 02:05pm

Pakistan

Four cases of Indian Covid-19 strain emerge in Sindh

Parliamentary health secretary says the affected patients have been quarantined in Karachi and contact tracing has begun
Those infected arrived in the country from different Gulf countries and tested positive at the airport: Soomro

Published 31 May, 2021 12:04pm

Markets

Japanese shares retreat from 3-week high; drugmakers limit losses

Drugmakers advanced, with the two leading percentage gainers in the Nikkei - Astellas Pharma jumping 3.69% and Chugai Pharmaceutical climbing 1.75%. Daiichi Sankyo rose 1.09%.

Published 31 May, 2021 11:43am

World

What you need to know about the coronavirus right now

Hundreds of workers in and around Chennai - often dubbed India's Detroit - have fallen ill with COVID-19 and dozens have died.

Published 31 May, 2021 11:05am

Sports

Australian cricketers exit quarantine after fleeing India

They spent about 10 days in the Maldives before the Australian government lifted a temporary ban on citizens who had been in India from travelling home.

Published 31 May, 2021 09:46am

BR Research

Somewhere between luck and action

About 7 million doses have been administered across Pakistan according to the latest update by National Command and...

Published 31 May, 2021 07:35am

World

Canada extends shelf life of AstraZeneca jab by 1 month

MONTREAL: Canadian health authorities announced Saturday they were pushing back the expiration date on nearly 50,000...

Published 31 May, 2021 03:12am

Pakistan

Covid-19 situation in Punjab improving: minister

LAHROE: Punjab Health Minister Dr Yasmin Rashid said that the corona virus situation in the province was improving,...

Published 31 May, 2021 03:12am

Pakistan

Swimming pools, tubewells can turn into corona hotspot

MULTAN: Local swimming pools and tube wells situated at adjacent areas of the city can turn into corona hotspot as...

Published 31 May, 2021 03:12am

Pakistan

PIA transports 500,000 doses of Sinovac vaccine from China

BEIJING: Pakistan International Airlines (PIA)’s special flight PK6852 on Sunday transported a batch of 500,000...

Published 31 May, 2021 03:12am

Pakistan

COVID-19 claims 56 lives, infects 2,697 more people

During the past 24 hours, most of the deaths have occurred in the Punjab followed by Khyber Pakhtunkhwa.

Published 30 May, 2021 07:07pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Cotton US¢/pound / Apr 19	80.67
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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