Trends - Delta variant - Business Recorder

Delta variant

Asia’s gasoline crack up as crude eases

SINGAPORE: Asia’s gasoline crack edged higher on Monday on weaker feedstock crude prices, but traders were...

Published 27 Jul, 2021 04:40am

Markets

Oil steadies in undersupplied market but Covid cases weigh

NEW YORK: Oil prices steadied on Monday after a choppy session as the spread of the COVID-19 Delta variant stoked...

Published 27 Jul, 2021 04:40am

World

U.S. will not lift travel restrictions, citing Delta variant, White House says

"Given where we are today ... with the Delta variant, we will maintain existing travel restrictions at this point," White House spokeswoman Jen Psaki said on Monday, citing the spread of the Delta variant in the United States and abroad. "Driven by the Delta variant, cases are rising here at home, particularly among those who are unvaccinated and appear likely continue to increase in the weeks ahead."

Published 27 Jul, 2021 02:34am

World

Spain's COVID-19 incidence rate rises, but officials see signs of hope

The total number of cases in Spain reached 4.3 million amid the spread of the more contagious Delta variant, while deaths totalled 81,268, 47 more than in the last Health Ministry report released on Friday.

Published 27 Jul, 2021 12:22am

World

France reports 40 million vaccinated with at least one jab

France recorded more than 16,000 new Covid-19 cases on Sunday after almost 23,000 on Saturday, as the Delta variant caused a surge

Published 26 Jul, 2021 04:20pm

World

Russia reports 23,239 new COVID-19 cases, 727 related deaths

The government coronavirus task force said 727 people had died of coronavirus-linked causes in the past 24 hours, pushing the national death toll to 154,601

Published 26 Jul, 2021 01:15pm

World

Malaysian parliament reopens after months-long virus hiatus

Despite the emergency and a nationwide lockdown, the outbreak has only worsened, fuelled by the highly infectious Delta variant

Published 26 Jul, 2021 10:42am

Markets

Gold buoyed by lower yields, virus woes; Fed meeting in focus

Spot gold rose 0.3% to $1,806.32 per ounce by 0343 GMT. US gold futures climbed 0.3% to $1,806.30

Published 26 Jul, 2021 10:03am

Opinion

Do vaccinated people need to go back to masking?

With the Delta variant pushing US Covid cases back up, fully vaccinated people are wondering whether they need to...

Published 25 Jul, 2021 05:20am

World

WHO urges collaboration on virus origin

GENEVA: The World Health Organization (WHO) called on Friday for all countries to work together to investigate the...

Published 24 Jul, 2021 04:27am

Markets

German bond yields drop for second week as Delta rattles markets

Financial markets were volatile earlier in the week as sentiment over the global economic outlook swung with each new Delta headline, although the prevailing mood was improving by late Friday.

Published 23 Jul, 2021 10:10pm

Markets

Gold dips as yields perk up, dollar strengthens

Spot gold fell 0.2pc to $1,802.78 per ounce by 12:11 pm EDT (1611 GMT). U.S. gold futures dipped 0.2pc to$1,802.50.

Published 23 Jul, 2021 10:05pm

Markets

Asian shares dragged by vaccination lag, Wall St fares better

Japan's Nikkei was closed for a holiday, but off 1.7% for the week and a whisker away from a seven-month trough

Published 23 Jul, 2021 10:20am

World

Australian states squabble as NSW seeks vaccine priority amid COVID 'emergency'

As a result, only 15% of Australia's adult population is fully vaccinated, lagging the COVID-19 inoculation rate in other rich nations

Published 23 Jul, 2021 09:42am

Markets

US dollar retreats as risk sentiment perks up, but outlook still upbeat

Risk appetite rises with stocks up, U.S Treasuries selling off
Analysts expect the dollar to rise in near term

Published 21 Jul, 2021 08:04pm

World

Delta variant is the majority COVID-19 variant in France, PM says

Castex told TF1 television that the major steps taken to tackle fourth wave of infections in the country have been settled upon by a cabinet meeting of the government.

Published 21 Jul, 2021 05:50pm

Delta variant cases in Karachi: Hospitals reaching capacity

Some private sector hospitals have started refusing patients
Sindh government had earlier said that the Covid-19 situation in the city is becoming serious, and warned people that ignoring precautionary measures during the holiday could make matters worse

Updated 21 Jul, 2021 08:42am

World

Covid cases surge in Asia as Delta wreaks havoc worldwide

JAKARTA: Indonesia, Iran and France were suffering alarming surges in coronavirus cases Tuesday, as governments ...

Published 21 Jul, 2021 01:51am

Sports

Tokyo 2020 chief doesn’t rule out cancelling games

TOKYO: The chief of the Tokyo 2020 organising committee on Tuesday did not rule out cancelling the Olympics if...

Updated 21 Jul, 2021 10:55am

Pakistan

President for complete adherence to Covid SoPs

ISLAMABAD: President Dr Arif Alvi Tuesday urged the people to continue raising their guard against the fourth wave ...

Published 21 Jul, 2021 01:51am

Markets

US stocks open higher after Monday’s rout

NEW YORK: Wall Street stocks rose early Tuesday as markets attempted to pivot after the rout in the prior session...

Published 21 Jul, 2021 01:51am

Pakistan

KP CM urges ministers, legislators to avoid crowds

PESHAWAR: In view of the fourth wave of COVID-19 pandemic and its possible outbreak during Eid-ul-Azha, Chief...

Published 21 Jul, 2021 01:51am

Business & Finance

Pound hits more than 5-month lows

LONDON: Britain’s pound hit a more than five-month low against the dollar and traded close to a five-week low...

Published 21 Jul, 2021 01:51am

India's Covid deaths 10 times higher than reported: study

NEW DELHI: India's coronavirus death toll is up to 10 times higher than the nearly 415,000 fatalities reported by...

Published 21 Jul, 2021 01:16am

Pakistan

Spread of coronavirus Delta variant reaches alarming level in Karachi

Hospitals reaching capacity as positivity rate in Pakistan's largest city crosses 25%

Updated 20 Jul, 2021 08:14pm

Markets

Yen, dollar rise as Delta variant spurs rush to safety

Cryptocurrencies also sank, with bitcoin falling below $30,000 for the first time in about a month

Published 20 Jul, 2021 11:29am

Business & Finance

Dollar, yen gain as Delta variant weighs on risk sentiment

• Aussie, Canadian, NZ dollar fall vs greenback • Dollar supported by risk aversion

Published 20 Jul, 2021 04:14am

Markets

Wall Street ends sharply lower as Delta variant sparks new lockdown fears

All three major U.S. stock indexes ended the session sharply lower, with the S&P and the Nasdaq suffering their largest one-day percentage drop since mid-May.

Updated 20 Jul, 2021 01:41am

Markets

Asian markets drop on fresh inflation, virus worries

That has raised worries that the expected recovery will not be as strong as first hoped

Updated 19 Jul, 2021 11:49am

World

France reports over 10,000 new Covid-19 cases for third day

PARIS: France reported more than 12,500 new coronavirus cases on Sunday, the third day that the tally has held above...

Published 19 Jul, 2021 06:17am

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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