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Industry

Startup Investment Rise to $77M in Pakistan

Startup investments in Pakistan increased by 97 percent in 2020 as compared to 2019, according to data from MAGNiTT's 'State of Startup Funding - 2021 Emerging Venture Markets' Report.
The number of startup deals in Pakistan also went up by 45% this year as opposed to the general downward trend in the MENA region.

Published 21 Jan, 2021 07:27pm

Industry

India's TCS reports higher profit as remote work drives cloud demand

The results kick off India's corporate earnings season for the December-quarter, a seasonally weak period for the software industry.
Growing demand for core transformation services ... have driven a powerful momentum that helped us overcome seasonal headwinds.

Published 08 Jan, 2021 06:28pm

Industry

Italy court dismisses Iliad's request to scrap Fastweb-Wind Tre 5G deal

Iliad, Italy's fourth-largest mobile phone player, filed a complaint a year ago, saying the deal - which received the green light by both the industry minister.
The court argued Iliad did not have the right to ask the annulment of a commercial agreement between two private companies.

Published 08 Jan, 2021 06:20pm

Industry

M&S clothing sales cut by British lockdown measures

Clothing and home sales down 25.1% in its third quarter.
Food sales in the quarter rise 2.2%.
M&S says near term trading "very challenging".
Says progress with turnaround masked by COVID-19 effects.
Shares down 2.3%, down 29% on year.

Published 08 Jan, 2021 04:47pm

Industry

Chile says consumer prices rose 0.3pc in December

Inflation registered an increase in the 12 months to December of 3.0%, the National Statistics Institute (INE) said.
In its December Monetary Policy Report (IPoM), the agency estimated that inflation would reach 2.8% in 2020.

Published 08 Jan, 2021 04:40pm

Industry

PIA suspends flights to/from KSA for one week

KARACHI: Pakistan International Airlines (PIA) has temporarily suspended its flights to/from Saudi Arabia for a week...

Updated 22 Dec, 2020 04:03am

Industry

Careem reduces its commission in support of restaurants

KARACHI: Careem, the super app of the Middle East and Pakistan, has announced to slash its restaurant commission...

Published 13 Dec, 2020 02:44am

Industry

Boeing 787 delivery dry spell adds to 737 MAX woes

Jet deliveries are being closely scrutinized by investors as they generate much-needed cash during the coronavirus crisis.
Boeing's closely watched monthly orders and deliveries snapshot comes five days after Ireland's Ryanair booked a December order for 75 737 MAX jets.

Published 09 Dec, 2020 02:06am

Industry

Airbus delivered 64 jets in November, down 34pc so far this year

Deliveries included seven wide-body A350 jets and 56 single-aisle jets including 54 of the main A320neo narrow-body family.
Deliveries are being closely scrutinized by investors as they generate much-needed cash during the coronavirus crisis.

Published 08 Dec, 2020 12:50am

Industry

Int'l virtual textile exhibition in Feb '21

KARACHI: Trade Development Authority of Pakistan (TDAP) is going to arrange first international virtual textile...

Published 02 Dec, 2020 02:49am

Industry

Pakistan’s Exports Rise by 7.2 pc amidst Pandemic: Razak Dawood

Pakistan's exports increase by 7.2 percent during the month of November 2020 as compared to the same period last year, according to Razak Dawood.

Published 01 Dec, 2020 11:05pm

Industry

60pc of Balochistan is without Internet Coverage.

A province-wise breakdown of the Economist Intelligence Unit's Internet Inclusiveness Index indicates that 60 percent of Balochistan is not covered by the internet.

Updated 01 Dec, 2020 03:28pm

Industry

Airline industry to suffer $314bn losses amid COVID-19

With about 70 percent of global capacity idled, the airline industry stands to lose $314 billion in ticket sales th

Updated 21 May, 2020 11:40pm

Industry

‘Tis the season…

And it really is. Cement sales—despite all the negative reporting about economic fatigue, manufacturing recession, deman

Published 04 Dec, 2019 07:21am

Industry

Cement: To the north!

Total sales in the Jul-Oct period for the cement industry as a whole has grown by 4 percent compared to the period last

Updated 11 Nov, 2019 11:40am

Industry

Cement finding confidence

Though cement demand is not catapulating, there are clear signs that market is becoming slightly more confident, and the

Updated 06 Nov, 2019 06:04am

Industry

Cement: Survival or revival—II?

Wake me up when September ends; so the song goes. And it seems construction demand may have just woken up after a prolon

Updated 23 Oct, 2019 01:01pm

Industry

ISL: screaming all signs of manufacturing recession

The economic planners of the country must cherish Pakistan’s moth-eaten manufacturing base in secret. At least that’s th

Updated 18 Oct, 2019 08:18am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 10	280.13
USD PKR Interbank Buying / Mar 10	279.93
USD to Japanese Yen / Mar 10	147.11
USD to Swiss Franc / Mar 10	0.88
Pound Sterling to USD / Mar 10	1.29
Euro to USD / Mar 10	1.09
UK LIBOR % / Mar 10	4.96

Stock	Volume
S&P 500 / Mar 10	5,614.56
India Sensex / Mar 10	73,743.88
Tokyo Nikkei / Mar 10	36,382.57
Nasdaq / Mar 10	17,468.32
Hang Seng / Mar 10	23,604.44
FTSE 100 / Mar 10	8,600.22
Dow Jones / Mar 10	41,911.71
Germany DAX 30 / Mar 10	22,620.95
France CAC40 / Mar 10	8,047.60

Item	Value
Crude Oil USD/Barrel / Mar 10	65.99
Karachi Cotton PKR/37.32 KG / Mar 10	17,585
Gold 10 Grams PKR / Mar 10	262,345
Gold Spot USD/Ounce / Mar 10	2,896.17
Cotton US¢/pound / Mar 10	65.68
Petrol/Litre / Mar 11	255.63
Diesel/Litre / Mar 11	258.64

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Mar 11 The Pakistan General Insurance Co. Ltd.(PKGI)	9.84 ▲ 0.99 (11.19%)
Hussain Industries / Mar 11 Husein Industries Limited(HUSI)	28.39 ▲ 2.58 (10%)
Macter Int. Ltd / Mar 11 Macter International Limited(MACTER)	355.73 ▲ 32.34 (10%)
Barkat Frisian Agro / Mar 11 Barkat Frisian Agro Limited(BFAGRO)	24.22 ▲ 2.2 (9.99%)
Idrees Tex. / Mar 11 Idrees Textile Mills Limited(IDRT)	19.61 ▲ 1.78 (9.98%)
Nazir Cotton Mills / Mar 11 Nazir Cotton Mills Limited(NCML)	11.79 ▲ 0.98 (9.07%)
Sally Textile / Mar 11 Sally Textile Mills Limited(SLYT)	9.74 ▲ 0.68 (7.51%)
Gulshan Sp. / Mar 11 Gulshan Spinning Mills Limited(GSPM)	3.94 ▲ 0.24 (6.49%)
Arif Habib Corp / Mar 11 Arif Habib Corporation Limited(AHCL)	106 ▲ 5.41 (5.38%)
Aruj Industries / Mar 11 Aruj Industries Limited(ARUJ)	8 ▲ 0.39 (5.12%)

Stock	Price
Sec. Inv. Bank / Mar 11 Security Investment Bank Limited(SIBL)	7.12 ▼ -0.99 (-12.21%)
786 Invest Ltd / Mar 11 786 Investments Limited(786)	8.31 ▼ -0.97 (-10.45%)
Shaheen Ins. / Mar 11 Shaheen Insurance Company Limited(SHNI)	6.30 ▼ -0.65 (-9.35%)
F.Credit & Inv / Mar 11 First Credit and Investment Bank Limited(FCIBL)	6.76 ▼ -0.59 (-8.03%)
Power Cem(Pref) / Mar 11 Power Cement (Pref)(POWERPS)	13.30 ▼ -1.16 (-8.02%)
Jahangir Sidd(Pref) / Mar 11 Jahangir Sidd(Pref)(JSCLPSA)	8.50 ▼ -0.74 (-8.01%)
IbrahimFibres / Mar 11 Ibrahim Fibres Limited(IBFL)	335.02 ▼ -27.48 (-7.58%)
Bela Auto / Mar 11 Bela Automotives Limited(BELA)	123.10 ▼ -9.9 (-7.44%)
Noon Sugar / Mar 11 Noon Sugar Mills Limited(NONS)	73.52 ▼ -5.48 (-6.94%)
Ghazi Fabrics / Mar 11 Ghazi Fabrics International Limited(GFIL)	7 ▼ -0.47 (-6.29%)

Stock	Volume
Power Cement / Mar 11 Power Cement Limited(POWER)	24,823,328 ▼ -0.24
Fauji Cement / Mar 11 Fauji Cement Company Limited(FCCL)	22,194,869 ▼ -0.31
Maple Leaf Cement / Mar 11 Maple Leaf Cement Factory Limited(MLCF)	19,750,525 ▼ -0.63
B.O.Punjab / Mar 11 The Bank of Punjab(BOP)	19,550,989 ▲ 0.15
Sui South Gas / Mar 11 Sui Southern Gas Company Limited(SSGC)	17,959,994 ▼ -0.46
K-Electric Ltd. / Mar 11 K-Electric Limited(KEL)	16,661,305 ▼ -0.07
WorldCall Telecom / Mar 11 Worldcall Telecom Limited(WTL)	11,985,116 ▼ -0.03
At-Tahur Ltd. / Mar 11 At-Tahur Limited(PREMA)	11,338,540 ▲ 1.59
D.G.K.Cement / Mar 11 D.G. Khan Cement Company Limited(DGKC)	9,171,488 ▼ -0.38
Dewan Cement / Mar 11 Dewan Cement Limited(DCL)	7,841,983 ▼ -0.1

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