Trends - COVID19 - Business Recorder

COVID19

German FM cuts trip short after she tests positive for Covid

ISLAMABAD: German Foreign Minister Annalena Baerbock has cut short her visit to Pakistan, Greece, and Turkey after...

Published 08 Jun, 2022 06:19am

Life & Style

Relief, caution in Beijing as city lifts Covid dine-in curbs

BEIJING: After staying home for more than a month, Chen Chunmei joined a long line of customers at a popular Beijing...

Published 07 Jun, 2022 02:11pm

Markets

Asia Gold: Discounts widen in India as prices rise, wedding demand cools

Gold discounts widened in India this week as demand faltered due to a rise in prices and a winding up of wedding...

Published 03 Jun, 2022 07:13pm

Business & Finance

PBA highlights banks’ role

KARACHI: The Pakistan Banks’ Association (PBA) has highlighted the effective and integral role Pakistani banks ...

Published 03 Jun, 2022 06:26am

Opinion

War, hunger, Covid-19 cast gloomy shadow over Europe

Since Russia’s invasion of Ukraine, the list of Europe’s woes keeps growing as it battles rising food and energy...

Published 03 Jun, 2022 05:56am

Business & Finance

Beijing sets up $120bn credit line to drive infrastructure

BEIJING: China has launched a $120 billion credit line for infrastructure projects, state media reported, as Beijing...

Published 03 Jun, 2022 05:56am

World

Pfizer seeks US authorization of COVID vaccine for young children

Pfizer Inc and partner BioNTech have completed the filing with the US drugs regulator seeking authorization for...

Published 02 Jun, 2022 05:42pm

World

UAE achieves 100% COVID vaccination target

The United Arab Emirates has vaccinated all those who must be vaccinated against COVID-19 in the oil-rich Gulf Arab...

Published 02 Jun, 2022 01:25pm

World

War, hunger, Covid-19 cast gloomy shadow over Europe

PARIS: Since Russia’s invasion of Ukraine, the list of Europe’s woes keeps growing as it battles rising food and...

Published 02 Jun, 2022 12:45pm

World

WHO says COVID in North Korea likely ‘getting worse, not better’

SEOUL: The World Health Organization has cast doubts on North Korea’s claims of progress in the fight against a...

Published 02 Jun, 2022 11:22am

Markets

Hong Kong shares fall

SHANGHAI: Hong Kong stocks fell on Wednesday, despite eased coronavirus restrictions on the mainland, as concerns...

Published 02 Jun, 2022 06:19am

Markets

Chinese mRNA COVID booster stronger against Omicron than Sinovac shot

BEIJING: A COVID-19 vaccine candidate from China’s Walvax Biotechnology using mRNA technology triggered a stronger...

Published 01 Jun, 2022 07:45pm

Business & Finance

Global economy: Asia’s factory activity slows in May as China COVID curbs weigh

TOKYO: Asia’s factory activity slowed in May as China’s heavy-handed coronavirus curbs continued to disrupt supply...

Updated 01 Jun, 2022 12:38pm

World

Shanghai eases Covid curbs in step towards ending lockdown

SHANGHAI: Shanghai slowly whirred back to life Wednesday as a range of Covid-19 restrictions were eased after a...

Published 01 Jun, 2022 10:20am

World

India to provide scholarships, counselling to those orphaned by Covid-19

MUMBAI: India’s federal government will provide educational scholarships, mental health counselling and health...

Published 31 May, 2022 05:11am

Markets

Shrinking stocks likely mean more LME metal price volatility

LONDON: Dwindling stocks in London Metal Exchange registered warehouses mean wild price swings for metals such as...

Published 31 May, 2022 05:11am

World

Some in Beijing back to work, Shanghai inches closer to ending COVID lockdown

BEIJING/SHANGHAI: Streets in Beijing were busier on Monday as residents in two districts were allowed to return to...

Published 30 May, 2022 01:05pm

Business & Finance

Japan Q2, full-year growth to be weaker than previously estimated

TOKYO: Japan’s economy will grow at a weaker rate than previously thought this quarter despite hopes for a strong...

Published 30 May, 2022 10:24am

BR Research

Repatriation and falling FDI

Profit and dividend repatriation in the particular context of foreign direct investment (FDI) increased by 10 ...

Published 30 May, 2022 07:08am

World

Disease experts call on WHO, governments for more action on monkeypox

GENEVA: Some prominent infectious disease experts are pushing for faster action from global health authorities to...

Published 29 May, 2022 05:50am

Markets

Tokyo rubber futures climb

SINGAPORE: Japanese rubber futures rose on Friday to a two-week high, as a stronger Tokyo stock market and easing of...

Published 29 May, 2022 05:50am

World

US doctors reconsider Pfizer’s Paxlovid for lower-risk COVID patients

Use of Pfizer Inc’s COVID-19 antiviral Paxlovid spiked this week, but some doctors are reconsidering the pills for...

Published 28 May, 2022 06:02pm

World

'Tomorrow will be better': Shanghai inches towards COVID re-opening

SHANGHAI: The Chinese metropolis of Shanghai inched further towards a gradual reopening from two months of grinding...

Updated 28 May, 2022 02:41pm

Opinion

Policy rate and oil subsidy — I

In its latest Monetary Policy Statement (MPS), released a few days ago, State Bank of Pakistan (SBP) raised policy...

Published 28 May, 2022 05:11am

Markets

Copper breaks three days of losses on China hopes and weak dollar

LONDON: Copper prices rebounded on Friday, breaking three days of losses on a weaker dollar and hopes for a recovery...

Published 28 May, 2022 05:11am

Markets

World Bank approves $500mn for Turkey for COVID-19 vaccines

ISTANBUL: The World Bank said on Thursday that its board had approved $500 million in additional financing to...

Published 27 May, 2022 11:49am

World

North Korea tests rivers, air, garbage as anti-COVID efforts gather steam

SEOUL: North Korean health officials are testing rivers, lakes, the air and household wastewater and garbage for the...

Published 27 May, 2022 10:56am

Business & Finance

China, Europe car sales dampened by chip shortage, Covid measures

SHANGHAI/BERLIN: Car sales in China and Europe remain depressed compared to last year’s levels as semiconductor...

Published 27 May, 2022 07:30am

Business & Finance

Global firms warn of sluggish China demand due to lengthy Covid curbs

HONG KONG: Two months into harsh COVID-19 lockdowns that have choked global supply chains, China’s economy is...

Published 27 May, 2022 05:50am

World

China premier issues warning on Covid-hit economy

BEIJING: China’s premier has sounded an unusually stark warning about the world’s second-largest economy, saying it...

Published 26 May, 2022 09:27am

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Dec 8 First Elite Capital Modaraba(FECM)	5 ▲ 1.00 (25.00%)
Chakwal Spinning / Dec 8 Chakwal Spinning Mills Limited(CWSM)	2.44 ▲ 0.40 (19.61%)
Punjab Mod / Dec 8 First Punjab Modaraba(FPJM)	1.98 ▲ 0.27 (15.79%)
Saritow Spinning / Dec 8 Saritow Spinning Mills Limited(SSML)	8.35 ▲ 1.00 (13.61%)
Jubilee Spinning / Dec 8 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.80 ▲ 1.00 (12.82%)
F.Treet Manuf / Dec 8 First Treet Manufacturing Modaraba(FTMM)	4.60 ▲ 0.50 (12.20%)
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	4.45 ▲ 0.48 (12.09%)
Samba Bank / Dec 8 Samba Bank Limited(SBL)	9.35 ▲ 1.00 (11.98%)
P.T.C.L. / Dec 8 Pakistan Telecommunication Company Ltd(PTC)	9.72 ▲ 1.00 (11.47%)
Dewan Textile / Dec 8 Dewan Textile Mills Limited(DWTM)	4.75 ▲ 0.47 (10.98%)

Stock	Price
Sec. Inv. Bank / Dec 8 Security Investment Bank Limited(SIBL)	5.74 ▼ -1.00 (-14.84%)
Tri-Star Mutual / Dec 8 Tri-Star Mutual Fund Limited(TSMF)	5.05 ▼ -0.49 (-8.84%)
Supernet Ltd. / Dec 8 Supernet Limited(GEMSPNL)	12.90 ▼ -1.05 (-7.53%)
Universal Network (GEM) / Dec 8 Universal Network Systems Limited (GEM)(GEMUNSL)	23.53 ▼ -1.91 (-7.51%)
Leather Up Ltd. / Dec 8 Leather Up Limited(LEUL)	10.54 ▼ -0.81 (-7.14%)
Trust Mod. / Dec 8 Trust Modaraba(TRSM)	2 ▼ -0.15 (-6.98%)
LSE Propetech / Dec 8 LSE Propetech Limited(LSEPL)	4.46 ▼ -0.33 (-6.89%)
Ismail Ind. / Dec 8 Ismail Industries Limited(ISIL)	1300 ▼ -95.00 (-6.81%)
Kohat Textile / Dec 8 Kohat Textile Mills Limited(KOHTM)	18.31 ▼ -1.19 (-6.10%)
Hoechst Pak. / Dec 8 Hoechst Pakistan Limited(HPL)	1200 ▼ -77.00 (-6.03%)

Stock	Volume
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	341,598,066 ▲ 0.48
Cnergyico PK / Dec 8 Cnergyico PK Limited(CNERGY)	98,899,853 ▲ 0.02
WorldCall Telecom / Dec 8 Worldcall Telecom Limited(WTL)	97,311,739 ▲ 0.04
Hascol Petrol / Dec 8 Hascol Petroleum Limited(HASCOL)	60,506,500 ▲ 0.27
P.T.C.L. / Dec 8 Pakistan Telecommunication Company Ltd(PTC)	57,212,000 ▲ 1.00
Kohinoor Spining / Dec 8 Kohinoor Spinning Mills Limited(KOSM)	56,298,000 ▲ 0.42
Fauji Foods Ltd / Dec 8 Fauji Foods Limited(FFL)	47,608,697 ▲ 0.96
Pak Elektron / Dec 8 Pak Elektron Limited(PAEL)	42,544,241 ▲ 1.23
Hum Network / Dec 8 Hum Network Limited(HUMNL)	40,175,500 ▲ 0.07
TPL Properties / Dec 8 TPL Properties Limited(TPLP)	36,065,929 ▲ 0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	143.72
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.26
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 7	5.48

Stock	Volume
S&P 500 / Dec 7	4585.59
Nasdaq / Dec 7	14340
Dow Jones / Dec 7	36117.38
India Sensex / Dec 8	69810.76
Tokyo Nikkei / Dec 8	32305.33
Hang Seng / Dec 8	16275.13
FTSE 100 / Dec 8	7514.73
Germany DAX 30 / Dec 8	16654.79
France CAC40 / Dec 8	7458.02

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 7	17235
Gold 10 Grams PKR / Dec 7	187671
Crude Oil USD/Barrel / Dec 8	70.35
Gold Spot USD/Ounce / Dec 8	2031.22
Cotton US¢/pound / Dec 8	82.72

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