Trends - COVID19 - Business Recorder

COVID19

UK borrowing dips

LONDON: UK government borrowing fell in April as easing virus curbs buoyed economic activity, but remains elevated...

Published 26 May, 2021 03:45am

Newly merged districts of KPK and Balochistan: Commanders for fast-paced socio-economic development

ISLAMABAD: The Corps Commander Conference held, on Tuesday, while taking notice of the recent cross-border firing...

Published 26 May, 2021 03:45am

Q4FY21 numbers will be ‘even greater’: govt

ISLAMABAD: The government said on Tuesday that the economic numbers of the fourth quarter of the current fiscal year...

Published 26 May, 2021 03:45am

Editorials

The challenge of quackery

EDITORIAL: Two harrowing recent cases in Punjab show how easy it is for quacks to play with lives in this country. ...

Published 26 May, 2021 03:45am

Markets

Latam FX dips, Chile's peso rattled by Chinese metals crackdown

The Chilean peso fell 0.6pc to a near one-month low, tracking a decline in the prices of copper- the country's largest export.

Updated 26 May, 2021 12:43am

Pakistan

Opposition afraid of govt’s economic policies: Vawda

He said several world countries had appreciated and lauded the economic policies of Pakistan during the coronavirus pandemic.

Published 25 May, 2021 11:04pm

World

US new home sales fell in April as housing market cools

Sales fell the most in the Northeast, which saw a decrease of 13.7 percent, while the decline in the South and Midwest was around eight percent. The West saw growth of 7.9 percent.

Published 25 May, 2021 08:10pm

Pakistan

COVID-19 claims 6 more patients, infects 1209 others

He added that 6 more patients of COVID-19 lost their lives lifting the death toll to 4,942 that constituted 1.6 percent death rate.

Published 25 May, 2021 08:08pm

World

Half of US adults fully vaccinated against Covid: W.House

More than half a million Americans have died from the coronavirus but the country is now a world leader in rolling out vaccinations.

Published 25 May, 2021 07:55pm

Markets

US stocks open higher as German DAX hits all-time high

The Dow Jones Industrial Average added 0.2 percent at the open, outpaced by the tech-heavy Nasdaq and the wider S&P 500.

Published 25 May, 2021 07:37pm

Pakistan

Around 266,077 people get COVID-19 jabs in district

The report said 24,223 patients were discharged from hospitals while 1719 were quarantined including 997 at homes and 722 in isolation.

Published 25 May, 2021 06:49pm

World

Poland dangles lottery jackpot to boost COVID vaccination drive

Michal Dworczyk said that although 69% of Poles have declared they want to be vaccinated against the coronavirus, the biggest challenge was making sure they do it.
"We are carrying out another advertising campaign ... we have sports people involved, we have actors involved, influencers involved," Dworczyk told a news conference.

Published 25 May, 2021 06:47pm

World

UK regulator reviewing AstraZeneca's $39bn Alexion buyout

UK's CMA assessing if deal could hurt market competition.
CMA sets June 3 deadline for comments, sees decision by July 21.
AstraZeneca shares marginally lower, agreed deal in December.

Published 25 May, 2021 06:02pm

World

EU summit embraces Covid certificate to unlock travel

European Commission chief stressed that the union had made "steady progress on vaccination" -- permitting the reopening of travel.

Published 25 May, 2021 06:02pm

World

EU expects more than a billion COVID shots by end of September, document shows

EU to easily meet vaccination targets, 1.5 bln doses by year-end.
Doses coming from four drugmakers, not Sanofi, CureVac - EU doc.
EU leaders back goal of donating at least 100mln doses in 2021.
WHO's Tedros asks for much more.

Published 25 May, 2021 05:48pm

Business & Finance

Moderna says its COVID-19 vaccine found safe, effective in teens

Moderna Inc, whose vaccine is authorized for adults 18 and older, said it will submit the findings of its adolescent study to the US Food and Drug Administration and other regulators for emergency use authorization in early June.
US regulators took about a month to review a similar study from Pfizer/BioNtech, which was authorized for ages 12-15 on May 10. If Moderna gets the same treatment, its authorization would come in early July.

Published 25 May, 2021 05:33pm

Business & Finance

Hungary central bank leaves rates steady, as expected

Base rate 0.6%, O/N depo rate -0.05%.
Decision in line with expectations.
Bank could raise base rate at June meeting.
Hawkish turn a "game-changer" –analyst.

Published 25 May, 2021 05:29pm

Pakistan

COVID-19 claims 92 lives, infects 2,253 more people

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

Published 25 May, 2021 05:20pm

World

UK borrowing dips on easing Covid curbs

Public sector net borrowing slid to £31.7 billion ($45 billion, 37 billion euros) last month, the Office for National Statistics said.

Published 25 May, 2021 04:42pm

Markets

Indonesia stocks rise ahead of c.bank meet, Asian currencies up

The country's industrial production for April marked the 15th consecutive month of year-on-year growth, even as it battles a sharp rise in coronavirus infections.

Published 25 May, 2021 01:13pm

World

Thai king approves $16bn borrowing bill for COVID-19 response

The borrowing was less than an earlier plan of 700 billion baht approved by the cabinet earlier this month.

Published 25 May, 2021 12:48pm

World

Taiwan reports further rise in COVID-19 cases

It continues to readjust its infection numbers following delays in reporting positive tests.

Published 25 May, 2021 12:25pm

Business & Finance

India said to plan COVID-19 economic stimulus package: Bloomberg

The finance ministry is working on proposals to bolster the tourism, aviation and hospitality industries.

Published 25 May, 2021 12:15pm

Markets

UK borrowing shows first annual fall since start of pandemic

Public sector net debt as a share of GDP is its highest since 1962 at 98.5%, equivalent to 2.171 trillion pounds.

Published 25 May, 2021 12:04pm

Pakistan

Pakistan to produce three million CanSino doses every month

SAPM says the product, PakVac, has passed rigorous internal QA testing, an important step to help in our vaccine supply line
The vaccine would be available for administration to the citizens by the end of May after approval from the Drug Regulatory Authority of Pakistan

Updated 25 May, 2021 08:10pm

BR Research

Post-covid: Mood swings!

As countries double-down on Covid-19 through massive vaccination programs, the hope to unmask and restore economic...

Published 25 May, 2021 07:40am

BR Research

Textile exports: triple digit growth misleading?

The headlines have been reading staggering jump in textile exports in April 2021, but the devil is in the details;...

Published 25 May, 2021 07:35am

Pakistan

Palestine and Kashmir: Unified stance testifies close ties with Malaysia

ISLAMABAD: Leader of the House in Senate Dr Shahzad Waseem Monday said that unified stance on Palestine and Kashmir...

Published 25 May, 2021 04:40am

Pakistan

Senior Manager of Apex Printry Karim dies of Covid-19

KARACHI: Senior Manger Billing Apex Printry, Karim Khan, who was a Covid-19 patient, died on Monday at the age of ...

Published 25 May, 2021 04:40am

World

Second Sherpa guide dies on Everest

KATHMANDU: A second Sherpa guide has died on Mount Everest in a week, an expedition organiser said Monday. The...

Published 25 May, 2021 04:40am

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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