News Archives for Print - 2020-07-24

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Print - 2020-07-24

Letters

Afghan conflict: new dimension

LETTER: This is apropos a Business Recorder news item "Afghan girl kills two Taliban fighters after parents ...

Updated 25 Jul, 2020 12:28am

Jobless and desperate: the post-lockdown reality for many

Deborah Claude / Marie-Pierre Ferey in Paris / Thomas Perroteau in Madrid ARTICLE: Many workers' lives have been...

Published 24 Jul, 2020 02:59am

Reforming the power sector: undoing the neoliberal mindset

ARTICLE: "Pakistan has continued to suffer from inadequate capacity and other constraints, leading to large and...

Published 24 Jul, 2020 02:59am

Exchange

Malaise of mounting debt

ARTICLE: The central government's debt, excluding its liabilities, increased to Rs 34.48 trillion by the end of May...

Published 24 Jul, 2020 02:59am

Exchange

Ignite, JazzCash ink agreement to facilitate freelancers

ISLAMABAD: Ignite, a subsidiary of the Ministry of Information Technology and Telecommunication and JazzCash, on...

Published 24 Jul, 2020 02:59am

First smart school to be set up in Islamabad

ISLAMABAD: The first of its kind smart school structure designed by the world-renowned architect Zaha Hadid (the...

Updated 24 Jul, 2020 03:31am

NAB cannot be abolished, says Sarwar

LAHORE: Governor Punjab Chaudhry Mohammad Sarwar has said that there is no threat of the opposition's All Parties...

Updated 24 Jul, 2020 03:32am

Minister says difficult to post doctors in rural areas

LAHORE: Punjab Health Minister Dr Yasmeen Rashid has said that it is difficult to post doctors in the rural areas as...

Updated 24 Jul, 2020 03:32am

Judge declines to sit in bench hearing pre-arrest bail plea of Shahbaz

LAHORE: Justice Chaudhry Shahram Sarwar of the Lahore High Court declined to sit in the bench hearing pre-arrest ...

Updated 24 Jul, 2020 03:37am

PM directs to execute LDA City Apartments Project

LAHORE: Prime Minister Imran Khan has directed the Lahore Development Authority (LDA) to execute the LDA City...

Updated 24 Jul, 2020 03:37am

Petition dismissed

LAHORE: Justice Shams Mahmood Mirza of the Lahore High Court on Thursday dismissed a petition seeking ban on sale of...

Updated 24 Jul, 2020 03:52am

Police seek FIA's help in identifying people running online kites business

LAHORE: The Punjab police have sought help of the Federal Investigation Agency (FIA) in identifying people running...

Updated 24 Jul, 2020 03:54am

TDAP organises NETP webinar

KARACHI: TDAP successfully organized webinar of National Exporters Training Programme (NETP) on Wednesday for the...

Updated 24 Jul, 2020 03:37am

Italian market: Pakistan registers growth despite Covid-19, lockdown: Jauhar

ROME: "Despite the Covid-19 propelled lockdown and supply chain disruptions, Pakistan has fared quite well by...

Updated 24 Jul, 2020 03:20am

PM for ensuring provision of internet facility in far-flung, backward areas

ISLAMABAD: Prime Minister Imran Khan on Thursday directed to ensure the provision of internet facility with the best...

Updated 24 Jul, 2020 03:26am

Exchange

PU, Chinese research institute sign MoU

LAHORE: The Punjab University's Institute of Quality & Technology Management and South Asian Standardization...

Updated 24 Jul, 2020 03:41am

Pakistan accuses India of increased shelling

CHIRIKOT SECTOR: Military this week said there had been an escalation in firing and shelling across the line of...

Updated 24 Jul, 2020 04:03am

China donates 12 drones to fight locusts

BEIJING: China's Ministry of Agriculture and Rural Affairs (MARA) here on Thursday donated 12 agricultural spraying...

Published 24 Jul, 2020 02:59am

IHC orders sealing of 'illegal' building

ISLAMABAD: The Islamabad High Court (IHC) on Thursday directed the secretary Cabinet and the chairman Capital...

Updated 24 Jul, 2020 04:12am

Indian spy: Ordinance to be laid in NA today

ISLAMABAD: The federal government's ordinance regarding Indian spy Kulbhushan Jadhav, which is scheduled to be laid...

Published 24 Jul, 2020 02:59am

ASI shot dead in Lines Area

KARACHI: A police officer was shot dead in Karachi on Thursday. The attack occurred in the Jut Line neighbourhood of...

Published 24 Jul, 2020 02:59am

Partly Facetious: The Khan will be impressed

ARTICLE: "From the frying pan into the fire!" "Well that's an English expression and doesn't hold true for us of ...

Published 24 Jul, 2020 02:59am

Microsoft cloud flagship posts first growth under 50 percent

NEW YORK: Microsoft Corp's flagship cloud computing business Azure reported quarterly sales growth of under 50% for...

Published 24 Jul, 2020 02:59am

Twitter accelerates user growth

WASHINGTON: Twitter showed strong gains in its user base with more people turning to the short-message social ...

Published 24 Jul, 2020 02:59am

USA

Portland mayor teargassed at protest against federal crackdown

PORTLAND: The mayor of Portland was teargassed Wednesday night as he met with demonstrators protesting against ...

Published 24 Jul, 2020 02:59am

Europe

Europe virus infections soar past 3 million

BRUSSELS: Europe on Thursday recorded more than three million coronavirus cases, as EU lawmakers examined a massive...

Updated 24 Jul, 2020 04:27am

Europe

UK, EU rule out quick post-Brexit deal

LONDON: Britain and the European Union on Thursday broke up their latest round of post-Brexit trade negotiations by...

Updated 24 Jul, 2020 04:27am

Europe

European Parliament warns could block EU budget

BRUSSELS: The European Parliament voted by a large majority on Thursday to demand changes to a draft long-term EU...

Updated 24 Jul, 2020 04:28am

Europe

UK PM rejects fresh call for new Scottish independence vote

EDINBURGH: British Prime Minister Boris Johnson on Thursday rejected calls for a second referendum on Scottish...

Published 24 Jul, 2020 02:59am

China

Chinese researcher facing US visa fraud charges takes refuge in consulate

WASHINGTON: A Chinese researcher who US authorities say hid her ties to the People's Liberation Army has taken ...

Published 24 Jul, 2020 02:59am

UK companies share tips on working safely during pandemic

KARACHI: With the Covid-19 pandemic far from over, UK businesses GSK and Unilever spoke about what they are doing to...

Published 24 Jul, 2020 02:59am

Sindh Assembly adopts four bills with majority vote

KARACHI: The Sindh Assembly on Thursday adopted four government's bills with a majority vote despite the ...

Updated 24 Jul, 2020 04:35am

APNS condolence

KARACHI: "Hameed Haroon, President, Sarmad Ali, Secretary General, All Pakistan Newspapers Society on behalf of the...

Published 24 Jul, 2020 02:59am

Exchange

IHIG Pakistan introduces fractional ownership system

KARACHI: International Hospitality Investment Group (IHIG) Pakistan - a subsidiary of IHIG UK - has announced...

Published 24 Jul, 2020 02:59am

Covid-19: 670 new cases in Sindh, says Murad

KARACHI: Covid-19 has claimed 36 more lives lifting the death toll to 2,096 and tested 670 positive overnight ...

Published 24 Jul, 2020 02:59am

Mayor issues directive to KMC Health Department

KARACHI: Mayor Karachi Wasim Akhtar directed Health and Medical Services Department of the Karachi Metropolitan...

Published 24 Jul, 2020 02:59am

PTI government, mafia form alliance to loot people, blames Wahab

KARACHI: Spokesperson of Sindh Government and Advisor for Law, Environment & Coastal Development Barrister...

Published 24 Jul, 2020 02:59am

NITL launches new web portal, mobile app

KARACHI: Pakistan's first asset management company, National Investment Trust Limited (NITL) has announced the ...

Published 24 Jul, 2020 02:59am

Confiscated betel nuts: KICTL staff booked for illegal delivery

KARACHI: Model Customs Collectorate (MCC), Appraisement West has booked the staff of Karachi International ...

Published 24 Jul, 2020 02:59am

PTI submits draft local government bill in Sindh Assembly

KARACHI: Leader of the Opposition in Sindh Assembly Firdous Shamim Naqvi while addressing a press conference in ...

Published 24 Jul, 2020 02:59am

Bar councils demand opening of courts

KARACHI: Pakistan Bar Council (PBC), Sindh Bar Council (SBC), Supreme Court Bar Association (SCBA) and Sindh High...

Published 24 Jul, 2020 02:59am

Bilawal scared of listening to PTI worker in NA: Murad

ISLAMABAD: Federal Minister for Communication Murad Saeed on Thursday said the Pakistan People's Party (PPP) ...

Published 24 Jul, 2020 02:59am

Threats to Bilawal: PPP workers stage protest demonstration

ISLAMABAD: The activists of Pakistan People's Party (PPP) on Thursday staged a protest demonstration against threats...

Published 24 Jul, 2020 02:59am

'Contemnor' denies charges

ISLAMABAD: Alleged contemnor Iftikharud Din on Thursday denied the charges regarding threatening and maligning the...

Published 24 Jul, 2020 02:59am

Number of Covid-19 cases reduces in capital

ISLAMABAD: The number of coronavirus cases in the federal capital has reduced significantly as only 21 confirmed...

Published 24 Jul, 2020 02:59am

UNGA president-elect due on July 27: Qureshi

ISLAMABAD: President-elect of the United Nations General Assembly Ambassador (UNGA) Volkan Bozkir will visit ...

Published 24 Jul, 2020 02:59am

Indian rulers deprived Kashmiris of their rights: Shibli

ISLAMABA: Minister for Information and Broadcasting Shibli Faraz on Thursday said that it was unprecedented in the...

Published 24 Jul, 2020 02:59am

Pakistan's efforts to contain Covid-19 lauded

LONDON: The UK's Imperial College London has lauded Pakistan's efforts for containing coronavirus spread on ...

Published 24 Jul, 2020 02:59am

Parliamentary committee formed for joint session

ISLAMABAD: Speaker National Assembly Asad Qaiser Thursday constituted a Parliamentary Committee on Legislative...

Published 24 Jul, 2020 02:59am

Exchange

Pakistan, China hold consultations on wide range of issues

ISLAMABAD: Pakistan and China on Thursday held consultations on a wide range of issues including bilateral ties,...

Published 24 Jul, 2020 02:59am

The Weather

KARACHI: The weather report on Thursday (July 23, 2020) and the forecast for Friday (July 24, 2020)....

Published 24 Jul, 2020 02:59am

Exchange

PSX on negative note: BRIndex100 loses 37.03 points

KARACHI: Pakistan Stock Exchange on Thursday ended on negative note as the investors opted to book profit on...

Published 24 Jul, 2020 02:59am

China launches its first unmanned mission to Mars

WENCHANG: China successfully launched an unmanned probe to Mars on Thursday in its first independent mission to...

Published 24 Jul, 2020 02:59am

Energy

Agritech, Fatima Fertiliser: Ministry asks SNGPL to supply gas at discounted rate

ISLAMABAD: The Ministry of Industries and Production has written a letter to the Sui Northern Gas Pipeline Limited...

Published 24 Jul, 2020 02:59am

Energy

Copper prices move higher

LONDON: Copper prices rose on Thursday as available stockpiles in London Metal Exchange (LME) warehouses tumbled and...

Published 24 Jul, 2020 02:59am

Energy

Oil falls on coronavirus demand concerns, weak US jobs numbers

NEW YORK: Oil prices fell 2% on Thursday as investors worried the US Congress may not agree on a stimulus package ...

Published 24 Jul, 2020 02:59am

Commodities

Palm oil ends 2 percent higher

KUALA LUMPUR: Malaysian palm oil futures erased early losses to end nearly 2% higher on Thursday, bolstered by...

Published 24 Jul, 2020 02:59am

Commodities

Gold nears $1,900 in New York trade

NEW YORK: Gold prices jumped more than 1%, just shy of the $1,900 level on Thursday, boosted by an easing dollar and...

Published 24 Jul, 2020 02:59am

Stocks

Major Gulf stocks subdued as banks weigh on Dubai

DUBAI: Major stock markets in the Gulf were subdued on Thursday, with Dubai hurt by losses in its banking shares....

Published 24 Jul, 2020 02:59am

Stocks

European stocks flat

MILAN: European shares ended flat on Thursday, after a jump in US weekly jobless claims and falling euro zone...

Published 24 Jul, 2020 02:59am

Stocks

China stocks down

SHANGHAI: Chinese shares fell on Thursday, snapping a four-day win streak, after an abrupt US order for closure of...

Published 24 Jul, 2020 02:59am

Stocks

Thursday's early trade: S&P set to snap winning streak

NEW YORK: US stocks fell on Thursday following the S&P 500's four straight days of gains as investors held out...

Published 24 Jul, 2020 02:59am

Stocks

Wall Street surges

NEW YORK: Wall Street ended higher on Wednesday after a see-saw session as investors digested mixed quarterly ...

Published 24 Jul, 2020 02:59am

Stocks

Australian shares up, New Zealand falls

SYDNEY: Australian shares closed slightly higher on Thursday, propped up by the energy sector, after industry...

Published 24 Jul, 2020 02:59am

Stocks

Earnings boost keeps UK stocks barely above red

LONDON: British stocks ended well off session highs on Thursday, barely staying positive as optimism over corporate...

Published 24 Jul, 2020 02:59am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,688. The traded ...

Published 24 Jul, 2020 02:59am

Grains

European wheat prices edge higher

PARIS: European wheat prices edged higher on Wednesday, supported by a rise on US markets but their advance was...

Published 24 Jul, 2020 02:59am

Commodities

Canadian canola futures fall

WINNIPEG: ICE Canadian canola futures slipped on Wednesday for a second straight day, pressured by declining soyaoil...

Published 24 Jul, 2020 02:59am

Commodities

India's gold prices rise above psychological level

MUMBAI: Gold prices in India rose above the psychologically important 50,000 rupees level for the first time on...

Published 24 Jul, 2020 02:59am

Grains

CBOT soyabean futures higher

CHICAGO: Chicago Board of Trade soyabean futures closed higher on Wednesday as renewed purchases of the US oilseed...

Published 24 Jul, 2020 02:59am

Grains

Indian tea prices jump to record after intense floods

MUMBAI: Tea prices in the world's second-biggest producer India have jumped to a record after intense floods and...

Published 24 Jul, 2020 02:59am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 180,411 tonnes of cargo comprising 119,964 tonnes of import cargo and 60,447 ...

Published 24 Jul, 2020 02:59am

Commodities

China iron ore, steel futures rise on firm demand

BEIJING: Benchmark iron ore futures in China rose for a second straight session on Wednesday, boosted by ...

Published 24 Jul, 2020 02:59am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (July 22, 2020)....

Published 24 Jul, 2020 02:59am

Cotton & Textile

Cotton spot rate remains unchanged

KARACHI: The rates of cotton remained stable on Thursday. Market sources told that due to the monsoon rains the...

Published 24 Jul, 2020 02:59am

Energy

UN chief tells China coal has no place in post-Covid recovery

BEIJING: Coal power has no place in a post-coronavirus economic recovery plan, the UN chief said Thursday in a ...

Published 24 Jul, 2020 02:59am

Aaj TV - Friday's schedule

KARACHI: All timings are in PST (Pakistan Standard Time). 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55...

Updated 24 Jul, 2020 03:56am

Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 23, 2020)....

Published 24 Jul, 2020 02:59am

Exchange

LME official prices

LONDON: The following were Wednesday official prices....

Published 24 Jul, 2020 02:59am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (July 23, 2020). ======================================= Offset...

Published 24 Jul, 2020 02:59am

Commodities

Pakistan Mercantile Exchange - PMEX

ISLAMABAD: Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary...

Published 24 Jul, 2020 02:59am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 23, 2020)....

Published 24 Jul, 2020 02:59am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (July 23, 2020). ======================== Bid Rate Rs...

Published 24 Jul, 2020 02:59am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (July 23, 2020)....

Published 24 Jul, 2020 02:59am

Currency

THE RUPEE: Mixed behaviour

KARACHI: On Thursday, Pakistan Rupee exhibited a mixed behaviour on market close. It gained value against USD in...

Published 24 Jul, 2020 02:59am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Thursday (July 23, 2020)....

Published 24 Jul, 2020 02:59am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 24 Jul, 2020 02:59am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Thursday (July 23, 2020)....

Published 24 Jul, 2020 02:59am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Thursday (July 23, 2020)...

Published 24 Jul, 2020 02:59am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on...

Published 24 Jul, 2020 02:59am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (July 23, 2020). ==================================== BR...

Published 24 Jul, 2020 02:59am

Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 24 Jul, 2020 02:59am

Exchange

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 24 Jul, 2020 02:59am

Exchange

Clearing Schedule for T+2 System

KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System....

Published 24 Jul, 2020 02:59am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 24 Jul, 2020 02:59am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Thursday (July 23, 2020). ======================== Offer Price...

Published 24 Jul, 2020 02:59am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Thursday (July 23, 2020). ======================== Offer Price...

Published 24 Jul, 2020 02:59am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Thursday (July 23, 2020). ======================== Offer Price...

Published 24 Jul, 2020 02:59am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Thursday (July 23, 2020). ======================== Offer Price 1,339.3923...

Published 24 Jul, 2020 02:59am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Thursday (July 23, 2020). ======================== Offer Price...

Published 24 Jul, 2020 02:59am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 4	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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