Trends - COVID19 - Business Recorder

COVID19

US labour market gradually healing

• Housing, manufacturing power ahead WASHINGTON: The number of Americans filing new applications for unemployment...

Published 22 Jan, 2021 04:47am

Business & Finance

Worsening pandemic poses 'serious risks', ECB's Lagarde warns

FRANKFURT AM MAIN: European Central Bank chief Christine Lagarde warned on Thursday that the pandemic still poses...

Published 22 Jan, 2021 04:47am

Business & Finance

Eurozone banks tighten lending conditions further: ECB

FRANKFURT AM MAIN: Eurozone banks further tightened conditions for approving loans in the fourth quarter of 2020, a...

Published 22 Jan, 2021 04:47am

Business & Finance

Euro clings to gains in Europe

LONDON: The euro clung to its gains on Thursday after the European Central Bank stuck to its monetary policy while...

Published 22 Jan, 2021 04:47am

Business & Finance

Early trade in New York: Dollar drops for third day on US stimulus optimism

NEW YORK: The dollar fell for a third straight session on Thursday, with investors seeking out higher-yielding...

Published 22 Jan, 2021 04:47am

Business & Finance

Sterling at fresh 2-1/2 years high against dollar

LONDON: Sterling set a fresh 2-1/2 year high against the dollar and a new 8-month high against the euro on Thursday...

Published 22 Jan, 2021 04:47am

Fire at India’s Serum Institute kills 5

NEW DELHI: The Serum Institute of India, the world's biggest vaccine maker, said on Thursday that production of the...

Updated 22 Jan, 2021 09:37am

US resumes WHO support, launches $1.9trn virus plan

GENEVA: The United States said on Thursday it would resume its funding for the UN's health agency as President Joe...

Updated 22 Jan, 2021 09:37am

World

Argentine president receives Russian-made COVID-19 vaccine

In a tweet, Fernandez, 61, expressed his gratitude to the state-backed Moscow research centre that developed the vaccine.

Published 21 Jan, 2021 11:32pm

Business & Finance

Lufthansa has cut losses to a million euros every two hours, says CEO

The group last year received a 9 billion euro bailout in which the German government took a 20% stake.

Published 21 Jan, 2021 09:46pm

Pakistan

53 more corona positive cases reported in Hyderabad

According to health authorities, as many as 53 more cases were reported as COVID-19 positive and three more patients lost their lives in Liaquat Medical University hospital Hyderabad.

Published 21 Jan, 2021 09:14pm

Jobless claim data underscores employment crisis awaiting Biden

The unemployment rate has seen a similar trajectory, shooting up to 14.7 percent in April but declining in subsequent months to its current 6.7 percent.

Published 21 Jan, 2021 09:08pm

World

Indonesia reports daily record COVID-19 deaths, hospitals strained

Nearly 40 COVID-19 patients had been turned away from Jakarta hospitals since the end of December, the group's findings showed.

Published 21 Jan, 2021 08:43pm

Business & Finance

Volkswagen faces EU fine for missing 2020 emissions targets

Volkswagen is reducing the combustion-engined cars it offers and retooling more factories to build electric vehicles in an effort to keep up with electric carmaker Tesla.

Published 21 Jan, 2021 06:25pm

World

Days before Portugal's election, quarantined voters cast ballots at home

Opposition party Left Bloc said the issues must be addressed, saying voters do not get to choose the "day and time when they unfortunately catch the virus".

Published 21 Jan, 2021 06:21pm

World

Too early to say when COVID lockdown will end, UK PM Johnson says

Meanwhile, the government's top scientific adviser described some hospitals as looking like a war zone.

Published 21 Jan, 2021 05:42pm

World

China calls for 'better angels' to prevail in reset with Biden's US

The Biden administration is also expected to keep the pressure on China over trade and human rights, after Trump launched a bruising trade war that imposed billions of dollars in tariffs on Chinese goods.

Published 21 Jan, 2021 05:20pm

World

Africa records higher death rates during coronavirus 'second wave'

He also cited the need for more oxygen supplies, which he said was becoming "critical."

Published 21 Jan, 2021 04:58pm

World

High temperatures, remote islands pose challenges for Asian jab distributor

They have fleets of vehicles for transportation and are working with governments to make sure they reach their destinations on time.

Published 21 Jan, 2021 04:39pm

World

Pakistan’s religion ministry proposes expansion of ‘Road to Makkah’ project

Pakistan's Ministry of Religious Affairs presented a summary to the Economic Coordination Committee, to scale up the Road to Makkah project.
Under the Road to Makkah Project, initiated by Saudi Arabia, all the immigration requirements of pilgrims would be sorted out at the airport of origin.

Published 21 Jan, 2021 02:17pm

BR Research

Change and changemakers!

The United Nation’s just-released Human Development Report is a surprisingly refreshing read. Quite unlike earlier...

Published 21 Jan, 2021 07:40am

Sports

Nepali climbers overcame ‘treacherous’ conditions to make history on K2

SHIGAR: A Nepali climbing team which made history at the weekend by becoming the first to summit the world’s...

Published 21 Jan, 2021 04:23am

Pakistan

13 more die of Covid-19, 1,162 new cases emerge

KARACHI: As many as 13 more patients of Covid-19 died overnight lifting the death toll to 3,843 and 1,162 new cases...

Published 21 Jan, 2021 04:23am

Markets

China stocks up

BEIJING/SHANGHAI: China stocks closed higher on Wednesday, with electric vehicle and healthcare shares leading the...

Published 21 Jan, 2021 04:23am

Markets

Wednesday’s early trade: S&P, Nasdaq scale record highs

NEW YORK”: The S&P 500 and the Nasdaq hit all-time highs on Wednesday as Joe Biden prepared to take charge as...

Published 21 Jan, 2021 04:23am

Opinion

Govt employees: pension liability

The news item in this newspaper that the Government of Pakistan is seeking actuarial support on the matter of ...

Published 21 Jan, 2021 04:23am

Markets

Business & Finance

Business investments into Singapore rise 13pc, highest in over a decade

SINGAPORE: Business investment commitments into Singapore rose 13% last year to their highest in more than a decade,...

Published 21 Jan, 2021 04:23am

Gainers
Losers
Leaders

Stock	Price
Bilal Fibres / May 26 Bilal Fibres Limited(BILF)	2.45 ▲ 0.40 (19.51%)
Grays Leasing / May 26 Grays Leasing Limited(GRYL)	3.48 ▲ 0.49 (16.39%)
Hira Textile / May 26 Hira Textile Mills Limited(HIRAT)	2.89 ▲ 0.35 (13.78%)
Shaheen Ins. / May 26 Shaheen Insurance Company Limited(SHNI)	3.20 ▲ 0.38 (13.48%)
Khurshid Spinning / May 26 Khurshid Spinning Mills Limited(KHSM)	11.65 ▲ 1.00 (9.39%)
Avanceon Ltd / May 26 Avanceon Limited(AVN)	74.41 ▲ 5.19 (7.50%)
Universal Network / May 26 Universal Network Systems Limited(GEMUNSL)	55.90 ▲ 3.90 (7.50%)
Dadex Eternit / May 26 Dadex Eternit Limited(DADX)	89.70 ▲ 6.25 (7.49%)
Octopus Digital / May 26 Octopus Digital Limited(OCTOPUS)	62.54 ▲ 4.36 (7.49%)
Shahtaj Textile / May 26 Shahtaj Textile Limited(STJT)	87.07 ▲ 6.07 (7.49%)

Stock	Price
Service Textile / May 26 Service Industries Textiles Limited(SERT)	9.06 ▲ -0.94 (-9.40%)
Huffaz Seamless / May 26 Huffaz Seamless Pipe Industries Limited(HSPI)	11.21 ▲ -0.97 (-7.96%)
Nagina Cot. / May 26 Nagina Cotton Mills Limited(NAGC)	89.63 ▲ -7.26 (-7.49%)
Sapphire Fib. / May 26 Sapphire Fibres Limited(SFL)	1011.01 ▲ -81.78 (-7.48%)
Pak Agro Pack. / May 26 Pak Agro Packaging Limited(GEMPAPL)	12.44 ▲ -1.00 (-7.44%)
Supernet Ltd. / May 26 Supernet Limited(GEMSPNL)	18.70 ▲ -1.50 (-7.43%)
Saif Textile / May 26 Saif Textile Mills Limited(SAIF)	21.29 ▲ -1.71 (-7.43%)
AL-Noor Sugar / May 26 Al-Noor Sugar Mills Limited(ALNRS)	48.20 ▲ -3.81 (-7.33%)
Dawood Lawrencepur / May 26 Dawood Lawrencepur Limited(DLL)	177.52 ▲ -13.43 (-7.03%)
Prosperity Weav / May 26 Prosperity Weaving Mills Limited(PRWM)	45.56 ▲ -3.44 (-7.02%)

Stock	Volume
Pak Refinery / May 26 Pakistan Refinery Limited(PRL)	21,151,676 ▼ 0.00
K-Electric Ltd. / May 26 K-Electric Limited(KEL)	15,051,000 ▼ 0.00
WorldCall Telecom / May 26 Worldcall Telecom Limited(WTL)	13,309,000 ▼ 0.00
Cnergyico PK / May 26 Cnergyico PK Limited(CNERGY)	12,718,144 ▼ 0.00
Ghani Glo Hol / May 26 Ghani Global Holdings Limited(GGL)	10,937,015 ▼ 0.00
Unity Foods Ltd / May 26 Unity Foods Limited(UNITY)	9,745,582 ▼ 0.00
TPL Properties / May 26 TPL Properties Limited(TPLP)	9,184,148 ▼ 0.00
Maple Leaf / May 26 Maple Leaf Cement Factory Limited(MLCF)	7,446,984 ▼ 0.00
Silk Bank Ltd / May 26 Silkbank Limited(SILK)	6,492,000 ▼ 0.00
Telecard Limited / May 26 Telecard Limited(TELE)	6,382,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 24	201.30
USD PKR Interbank Buying / May 24	201.10
USD to Japanese Yen / May 24	126.88
USD to Swiss Franc / May 24	0.96
Pound Sterling to USD / May 24	1.25
Euro to USD / May 24	1.07
UK LIBOR % / May 24	0.82

Stock	Volume
S&P 500 / May 24	3941.48
India Sensex / May 24	54052.61
Tokyo Nikkei / May 24	26748.14
Nasdaq / May 24	11264.45
Hang Seng / May 24	20112.10
FTSE 100 / May 24	7484.35
Dow Jones / May 24	31928.62
Germany DAX 30 / May 24	13919.75
France CAC40 / May 24	6253.14

Item	Value
Crude Oil USD/Barrel / May 24	110.54
Karachi Cotton PKR/37.32 KG / May 24	21180.00
Gold 10 Grams PKR / May 24	118500.00
Gold Spot USD/Ounce / May 24	1866.30
Cotton US¢/pound / May 24	123.78

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