Trends - COVID19 - Business Recorder

COVID19

British HC meets Shehbaz

ISLAMABAD: The British High Commissioner to Pakistan, Dr Christian Turner, met PML-N President and National Assembly...

Updated 07 May, 2021 10:05am

Pakistan

Call to implement SOPs in Hyderabad

HYDERABAD: Divisio-nal Commissioner Hyderabad Muhammad Abbas Baloch has directed all concerned officers to ensure...

Updated 07 May, 2021 10:05am

Markets

Asia’s gasoline crack drops after recent gains

SINGAPORE: Asia’s gasoline crack fell on Thursday, extending losses from a more than one-week high on Tuesday ...

Published 07 May, 2021 04:35am

Markets

Oil prices fall on worries of pandemic surge in India

NEW YORK: Oil prices settled lower on Thursday, reversing early gains under pressure from rising Covid-19 infections...

Published 07 May, 2021 04:35am

Alcohol deaths hit 20-year high in lockdown: UK data

LONDON: Alcohol deaths in England and Wales have reached the highest levels in 20 years following a sharp rise since...

Published 07 May, 2021 04:35am

Pandemic drove 230m Indians into poverty: study

MUMBAI: Around 230 million Indians fell into poverty due to the pandemic last year with young people and women the...

Published 07 May, 2021 04:35am

Business & Finance

$6.517bn new loan pacts signed in Q2

ISLAMABAD: The government, during the second quarter of fiscal year 2020-21, signed new loan agreements worth $6.517...

Updated 07 May, 2021 10:01am

Business & Finance

US weekly jobless claims drop below 500,000; layoffs lowest since 2000

WASHINGTON: The number of Americans filing new claims for unemployment benefits fell below 500,000 last week for the...

Updated 07 May, 2021 10:01am

Pakistan

FPCCI appreciates Finance Minister for his vision of economic growth

Further, the minister had rightly pointed out towards the need of off-loading the burden of continued losses of SOEs by fast track privatization, he added.

Published 06 May, 2021 11:13pm

Pakistan

20 ventilators delivered to HFH in fight against COVID-19: Sheikh Rasheed

Sheikh said that the hospital has the capacity of 1000 beds and in case of any emergency like situation due to the rising number of cases, it would be transformed into Corona hospital.

Published 06 May, 2021 10:37pm

World

EU 'ready to discuss' COVID vaccine patent waiver as drugmakers push back

EU willing to discuss waiving COVID vaccine patents.
Biden voices support for waiver in sharp US reversal.
Waiver talk is 'grandstanding', analyst says.
Big Pharma shares plunge on Biden comments.

Published 06 May, 2021 08:30pm

World

IMF to revisit growth forecast for India due to surge in COVID-19 cases

The IMF will revisit that forecast when it issued a fresh World Economic Outlook in July, IMF spokesman Gerry Rice told reporters at a regular briefing, but gave no further details.
"We're all watching what is happening in India with concern," Rice said. "There will be spillovers ... contingent on how deep and how long the severity of this crisis continues."

Published 06 May, 2021 08:02pm

Business & Finance

Moderna lifts COVID-19 vaccine sales forecast to $19.2 billion

Moderna said an initial analysis of a study in adolescents aged 12-17 years showed an efficacy rate of 96% for its vaccine.
The company has also been working on a new version that could extend the time the vaccine can be stored in refrigerator temperatures, making it easier to distribute, especially in lower-income countries.

Published 06 May, 2021 05:56pm

Business & Finance

Renault hoping to make more money from its Arkana model

Renault said it was aiming to raise the average turnover per unit of its Arkana model to 30,000 euros ($36,153), from 15,000 euros at present.
Renault is looking to produce fewer cars and focus on those with higher margins, and this strategy is starting to bear some fruit despite weak overall results.

Published 06 May, 2021 05:33pm

World

EU willing to discuss COVID-19 vaccine patent waiver

"The EU is also ready to discuss any proposals that addresses the crisis in an effective and pragmatic manner," she said in a speech to the European University Institute in Florence.

Published 06 May, 2021 02:44pm

Pakistan

Sindh, Punjab collectively report 2944 new COVID-19 cases in 24 hours

Sindh reported 4 new deaths, while Punjab reported 68 deaths during the last 24 hours.
The Punjab government has decided to enforce a complete lockdown in the province from May 8 to May 15.

Published 06 May, 2021 12:05pm

Markets

Caixabank's net profit jumps, books Bankia gain

Analysts expected NII to come in at 1.2 billion euros.

Published 06 May, 2021 11:47am

Markets

Shares of China vaccine makers slump on US waiver support

"Chinese vaccine stocks had been spurred recently by news of worsening situations in other countries, such as India," said Wu Tianhao, an analyst at Western Securities.

Published 06 May, 2021 11:44am

Markets

Rebound in trading boosts earnings at France's SocGen

Shares in SocGen have gained 38.5% since the beginning of the year after a 45% slump in 2020. Its share price has more than doubled since its lowest at 10.77 euros on Sept. 30.

Published 06 May, 2021 11:41am

Business & Finance

Pandemic pushes Air France-KLM into 1.5-billion-euro loss in Q1

As Covid-19 flight restrictions continue to batter the global aviation sector.

Published 06 May, 2021 11:32am

World

India sees record Covid deaths, new cases in 24 hours

Health ministry numbers showed 3,980 deaths, taking the total to 230,168, and 412,262 new cases.

Published 06 May, 2021 11:30am

Markets

BoE set to hike UK growth forecast on Covid recovery

It has also predicted unemployment to average 6.5 percent this year.

Published 06 May, 2021 11:26am

World

Pfizer/BioNTech jab confirmed to protect 95% in largest study yet

Before Thursday, the largest real-world study of the Pfizer/BioNTec vaccine, also in Israel, was nearly five times smaller, involving 1.2 million people.

Published 06 May, 2021 10:54am

World

US backs plan to waive Covid-19 vaccine patents

But that notion has been fiercely opposed by pharmaceutical giants and their host countries, which insist the patents are not the main roadblocks to scaling up production, and warned the move could hamper innovation.

Published 06 May, 2021 10:50am

World

Pharma federation IFPMA says US support for patent waiver 'disappointing'

As we have consistently stated, a waiver is the simple but the wrong answer to what is a complex problem.

Published 06 May, 2021 10:48am

World

WHO's Tedros hails 'historic' US support for vaccine patent waiver

Tedros clashed repeatedly with former US president Donald Trump, who began withdrawing his country from the WHO before President Joe Biden immediately rescinded the move upon taking office in January.

Published 06 May, 2021 10:38am

Pakistan

Shafqat Mahmood clarifies class 9th, 11th exams are not being canceled

"Class 9 and 11 exams will take place according to the timetable of the respective boards," he tweeted.
Last year, the students were passed without sitting exams.

Updated 06 May, 2021 10:15am

BR Research

Telenor: marginal gains

Early on in 2021, it has been a quiet and steady start for Telenor Pakistan. And quiet may be preferable when there...

Published 06 May, 2021 07:40am

BR Research

WPI keeps inflation concerns high

The CPI inflation at 11 percent for April 2021 surprised quite a few. Some are quick to brush it aside as a one-off...

Published 06 May, 2021 07:35am

Pakistan

Australia provides Iftar meals and learning material for street children

ISLAMABAD: The Australian High Commission in Islamabad Wednesday joined Pehli Kiran Schools to distribute Iftar ...

Published 06 May, 2021 03:49am

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
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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