Trends - Delta variant - Business Recorder

Delta variant

OECD lowers global, US economic growth forecasts

PARIS: The OECD warned Tuesday of an “uneven” global economic recovery as it lowered its 2021 growth forecasts...

Updated 22 Sep, 2021 09:42am

World

World leaders descend on New York despite pandemic

The UN General Assembly will also look to build momentum to reach an ambitious climate agreement and seek unity after the Taliban takeover in Afghanistan

Published 18 Sep, 2021 09:40am

World

'Burnt out': Philippine nurses battle Covid, resignations

MANILA: Exhausted nurses in the Philippines are struggling to care for patients as colleagues contract Covid-19 or...

Published 18 Sep, 2021 09:29am

Markets

Wall Street ends rollercoaster week sharply lower

NEW YORK: U.S. stocks closed sharply lower in a broad sell-off on Friday, ending a week buffeted by strong economic...

Published 18 Sep, 2021 01:07am

Markets

OPEC expects Delta variant to delay oil demand growth

LONDON: OPEC on Monday trimmed its world oil demand forecast for the last quarter of 2021 due to the Delta...

Published 14 Sep, 2021 03:55am

Opinion

Biden's vaccine mandate signals a White House done with persuasion

President Joe Biden and his aides have concluded something in recent weeks: The Mr. Nice Guy approach isn't ...

Published 12 Sep, 2021 03:55am

Markets

Wall Street ends lower, weighed down by Big Tech

Wall Street ended lower on Wednesday, spooked by worries that the Delta coronavirus variant could blunt the ...

Updated 09 Sep, 2021 02:02am

Markets

Asian markets mixed as Delta, profit-taking offset recovery hope

Profit-taking added to the cautious start to the day with some of the wind appearing to have come out of buyers' sails, having pushed valuations up for more than a week

Published 08 Sep, 2021 09:55am

Opinion

Economy: rising uncertainty

A number of factors have come together leading to greater uncertainty on the economic front. This level of...

Published 07 Sep, 2021 06:25am

Opinion

'Silent crisis' looms as US to end Covid aid for millions of jobless

Spending less on food. Drawing down on retirement savings. Dropping out of the workforce altogether. Last year, the...

Published 06 Sep, 2021 06:14am

Business & Finance

Dollar, stocks hit as US jobs data disappoints

LONDON: The dollar took a dive and stocks slumped after disappointing US jobs data, while Tokyo rose on stimulus...

Published 06 Sep, 2021 06:14am

World

UK to send four million vaccine doses to Australia

The Australian leader said the planes delivering Pfizer vaccine doses were "on the tarmac" in the UK and would deliver "four million doses of hope" within weeks

Published 03 Sep, 2021 10:58am

Pakistan

Patient inflow at hospitals highest since start of pandemic: Asad Umar

Says impact of Delta variant shows that it is spreading faster

Published 02 Sep, 2021 02:23pm

World

Philippines hits 2 million virus cases as Delta drives surge

Daily case rates have hit the highest levels since the start of the pandemic and the health department warned the trend could continue

Published 01 Sep, 2021 07:32pm

World

Israel starts new school year as virus cases surge

On Tuesday, the health ministry had confirmed 10,947 new virus cases for the previous day, the highest ever daily tally

Published 01 Sep, 2021 06:11pm

Markets

ECB decisions to reflect better growth: de Guindos

As borrowing costs stay extra low and the euro zone has largely avoided the worst of the pandemic's Delta variant

Published 01 Sep, 2021 11:33am

World

Israel registers record daily coronavirus cases

The previous high came on January 18, with 10,118 cases

Published 31 Aug, 2021 05:12pm

Fed chief signals US economy may be ready for less stimulus by year end

WASHINGTON: The US economy and labor market have healed to the point that the central bank could begin to withdraw...

Published 29 Aug, 2021 04:02am

Markets

Asian markets mostly rise as Fed's Powell takes centre stage

The positive start to the day came as traders brushed off a drop on Wall Street

Published 27 Aug, 2021 09:46am

Opinion

Investors see no speed bump in Fed’s Jackson Hole event

Despite weeks of anticipation, investors have lowered their expectations for Friday’s Jackson Hole event saying...

Published 27 Aug, 2021 04:52am

Markets

Major Gulf bourses fall on virus worries

DUBAI: Major stock markets in the Gulf ended lower on Thursday, with the Saudi index registering a second weekly...

Published 27 Aug, 2021 04:52am

Business & Finance

US Q2 growth raised; corporate profits surge

WASHINGTON: The US economy grew a bit faster than initially thought in the second quarter, lifting the level of ...

Published 27 Aug, 2021 04:52am

Markets

Pound dips after risk-led recovery

Sterling has traded largely in line with global risk sentiment in financial markets in recent weeks, tracking the direction of world stock markets higher or lower.

Published 26 Aug, 2021 11:57pm

Markets

Oil down 1pc; pandemic surge, renewed Mexico supply end rally

Brent crude was down 53 cents, or 0.7 pc, at $71.47 a barrel by 1:25 p.m. EDT (1725 GMT). U.S. West Texas Intermediate oil declined 35 cents to $68.01 a barrel, snapping a three day rally.

Published 26 Aug, 2021 11:46pm

World

New Australian virus cases soar over 1,000 for first time

New South Wales state, which includes the country's most populous city Sydney, announced a record 1,029 cases of Covid-19 for the previous 24 hours

Published 26 Aug, 2021 10:06am

Markets

Oil rises on US fuel demand, extends rally

U.S. crude inventories fell by 3 million barrels in the last week to 432.6 million barrels, the EIA said, about 1pc higher than during the same time in 2019, before the pandemic.

Published 25 Aug, 2021 11:08pm

Business & Finance

Early trade: Dollar slips further as oil jumps

NEW YORK/LONDON: The dollar eased further on Tuesday as risk-related currencies benefited from rising commodity...

Published 25 Aug, 2021 04:43am

Markets

Asian stocks cling to gains as Fed taper worries ease

The yield on benchmark 10-year Treasury notes rose to 1.2684%

Published 24 Aug, 2021 11:36am

World

China reports zero local virus cases as Delta outbreak retreats

BEIJING: China reported no new domestic coronavirus cases Monday, and Beijing appears poised to bring to heel the...

Published 24 Aug, 2021 05:02am

Markets

Japan futures climb

TOKYO: Japanese rubber futures climbed on Monday, bouncing back from their early losses, as investors scooped up...

Published 24 Aug, 2021 05:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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