News Archives for Print - 2020-03-22

IndyCar racing, its season in limbo in the face of the coronavirus pandemic, remains committed to staging the Indianapolis 500 even if it means delaying the US classic, IndyCar chief executive Mark Miles said Friday.

Published 22 Mar, 2020 12:00am

Other

Virus chaos leaves English clubs fearing for their future

Forced into lockdown by the coronavirus, English teams outside the lucrative Premier League are facing an unprecedented period of financial uncertainty. Championship, League One and League Two matches will not resume until April 30 at the earliest and eve

Published 22 Mar, 2020 12:00am

Mounting Tokyo 2020 postponement calls put pressure on defiant Olympic chiefs

Pressure mounted on Olympic organisers to postpone the 2020 Tokyo Games on Saturday after the powerful US track and field federation urged this summer's event be pushed back due to the coronavirus pandemic.

Published 22 Mar, 2020 12:00am

Cricket

Ireland-Bangladesh cricket series postponed

Ireland's seven-match series against Bangladesh became on Saturday the latest casualty to be inflicted on the cricket calendar by the coronavirus pandemic.

Published 22 Mar, 2020 12:00am

Other

Rugby star Fatialofa in 'miracle' recovery from spine injury

Worcester Warriors lock Michael Fatialofa is back walking unaided just weeks after he suffered a serious spine injury in what his wife described on Saturday as a "miracle".

Published 22 Mar, 2020 12:00am

Other

WADA issues dope testing guidelines amid coronavirus pandemic

The World Anti-Doping Agency (WADA) issued new guidelines on Friday to facilitate continued testing amid the constraints of the coronavirus pandemic.

Published 22 Mar, 2020 12:00am

Football

Palace star Zaha offers health staff free accommodation

Crystal Palace winger Wilfried Zaha has offered free accommodation to medical staff in his London properties as they treat patients with coronavirus.

Published 22 Mar, 2020 12:00am

Commodities

Euronext wheat rallies on jump in US futures

Euronext wheat rallied for a third straight session on Thursday to reach a three-week high, supported by a jump in US futures, a tumbling euro and supply tensions due to measures to contain a coronavirus epidemic.

Published 22 Mar, 2020 12:00am

Commodities

CBOT soyabean futures hit one week high

Chicago Board of Trade soyabean futures rose for the fourth day in a row on Friday, hitting one week high on expectations for strong demand for soyameal, traders said.

Published 22 Mar, 2020 12:00am

Commodities

CBOT corn futures lower

Chicago Board of Trade corn futures fell for the fourth time in five sessions on Friday, with traders shrugging off a massive export deal to China due to ongoing uncertainty about the ethanol sector.

Published 22 Mar, 2020 12:00am

Cotton & Textile

No business dealings seen on cotton market

No business dealings were seen on the local market on Saturday as all commercial centres including cotton market were closed due to self-isolation, dealers said.

Published 22 Mar, 2020 12:00am

Commodities

China's iron ore rises on hopes of stepped-up fiscal stimulus

China's iron ore futures edged higher on Friday on optimism that Beijing would ramp up spending on infrastructure projects to prop up the world's second-largest economy that has been battered by the coronavirus epidemic.

Published 22 Mar, 2020 12:00am

Money & Banking

Dollar eases as central banks pledge dollar liquidity

The dollar eased on Friday as six major central banks announced a coordinated action to enhance liquidity in the currency, but bounced off its lows in afternoon trading as stocks weakened.

Published 22 Mar, 2020 12:00am

Money & Banking

Asian FX sentiment worsens as recession fears grip markets

Investors took short positions on all Asian currencies for the first time in more than a year, a Reuters poll showed, as an easing bias by most regional central banks and growing fears of a coronavirus-induced recession sapped risk appetite.

Published 22 Mar, 2020 12:00am

Money & Banking

Nigerian currency dealers refuse to show naira quotes

Nigerian currency dealers are refusing to show quotes to sell the US dollar after the central bank last week vowed to crack down on speculators in a bid to stop the naira from depreciating, traders said on Thursday.

Published 22 Mar, 2020 12:00am

Money & Banking

Forint seen up, crown retreating this year

Hungary's forint is likely to just drift off a record low over the next year while the Czech crown is seen giving up recent gains, a Reuters poll showed, as central European currencies find little traction in 2020. Over the last year, the region's currenc

Published 22 Mar, 2020 12:00am

Money & Banking

Speculators' bets on US dollar turn net short

Speculators' bets on the US dollar swung to a net short position for the first time since June 2018 in the latest week, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday.

Published 22 Mar, 2020 12:00am

Money & Banking

Kenya's shilling weakens to its lowest level since September 2015

The Kenyan shilling weakened to 104.65/85 per dollar on Thursday, its lowest level in nearly four and a half years, mainly due to concerns about the potential drop of hard currency inflows caused by the new coronavirus outbreak, traders said.

Published 22 Mar, 2020 12:00am

Money & Banking

Implied FX volatility gauges jump

Expected price swings for some of the world's biggest currencies rocketed to multi-year highs on Thursday as a broad rush for US dollars forced traders to dump currencies across the board. Expected volatility gauges for the British pound against the dolla

Published 22 Mar, 2020 12:00am

Stocks

Wall Street dives, ends worst week since 2008

Wall Street wrapped up its worst week since October 2008, with the Dow Jones Industrial Average and S&P 500 sliding more than 4% on Friday as tough restrictions imposed by New York and California to try to limit the spread of the coronavirus fuelled worri

Published 22 Mar, 2020 12:00am

Money & Banking

UK gilts reverse historic losses as BoE begins record buy-back

British government bond prices surged on Friday, reversing historic losses made earlier this week, after the Bank of England began to buy 200 billion pounds ($236 billion) of assets to support the economy through the coronavirus crisis.

Published 22 Mar, 2020 12:00am

Stocks

Bond investors remain thirsty, despite Fed liquidity efforts

US regulators have poured trillions of dollars into bond markets over the past week and eased rules on big banks to grease transactions during the coronavirus panic. Unfortunately, money can't buy liquidity.

Published 22 Mar, 2020 12:00am

Stocks

World's top debt funds lose billions in coronavirus rout

Coronavirus has hit the world's biggest debt funds, which have lost billions of dollars in value, Morningstar data shows, while one smaller fund shed half its value in a little over two weeks. Markets have lost trillions of dollars in value over that time

Published 22 Mar, 2020 12:00am

Stocks

South Korea drastically limits short-selling

South Korea on Tuesday dramatically tightened rules on short-selling for three months, one day after its main equities board saw a record outflow by foreign investors as the coronavirus epidemic ravages the country's economy.

Published 22 Mar, 2020 12:00am

Shame on you, Britain tells coronavirus panic-buyers

Britain on Saturday told people who were panic-buying and hoarding food due to the coronavirus outbreak to calm down, pointing to a video on social media showing an exhausted nurse driven to tears by finding shelves bare after her shift.

Published 22 Mar, 2020 12:00am

Telecommunication

Plunge in smartphone shipments: report

Smartphone shipments took an historic plunge last month as the novel coronavirus disrupted supply and demand, industry tracker Strategy Analytics said on Friday. Global smartphone shipments dropped to 61.8 million in February, a 38 percent drop from the s

Published 22 Mar, 2020 12:00am

Money & Banking

Two British bankers hit with 14m euro penalty in German fraud trial

Two British bankers were handed suspended jail terms on Wednesday and one a 14 million euro ($14.97 million) penalty in Germany's biggest post-war fraud trial of a scam involving multi-billion-euro trades to get bogus tax reclaims.

Published 22 Mar, 2020 12:00am

Global Business Economy

Air Canada to lay off more than 5,000 flight attendants

Air Canada plans to temporarily lay off more than 5,000 flight attendants due to the new coronavirus pandemic, their union said Friday.

Published 22 Mar, 2020 12:00am

Global Business Economy

Boeing suspends dividend, CEO foregoes pay

Boeing Co will cancel CEO pay, suspend its dividend and extend a pause on share buybacks, the US planemaker said on Friday, as companies eager for government aid to curb fallout from the coronavirus face pressure to cut payouts to investors.

Published 22 Mar, 2020 12:00am

Money & Banking

Goldman Sachs CEO pay boosted to $27.5 million

Goldman Sachs announced Friday that it boosted the pay package for its chief executive to $27.5 million in 2019, a 20 percent jump unveiled at a time when many companies are struggling for survival.

Published 22 Mar, 2020 12:00am

Global Business Economy

Netflix commits $100m to help actors, crews thrown out of work

Streaming television giant Netflix on Friday launched a $100 million fund to help actors and production crews endure the hit to paychecks caused by the coronavirus pandemic.

Published 22 Mar, 2020 12:00am

Money & Banking

IMF sees severe impact from pandemic on global economy, but crisis temporary

The impact of the global coronavirus pandemic will be "quite severe," but a long expansionary period and high employment rates mean the global economy should weather the current shock, a top International Monetary Fund official said on Friday.

Published 22 Mar, 2020 12:00am

Commodities

China steel, copper inventories dip as demand recovers from virus

Steel and copper inventories in China fell this week for the first time in months, exchange and consultancy data showed, as downstream metal consumers severely hit by the coronavirus come closer to restoring normal operations.

Published 22 Mar, 2020 12:00am

Global Business Economy

Amazon raises overtime pay for warehouse workers

Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its US warehouses, as the world's largest online retailer tries to meet the rapidly growing demand for online shopping from consumers stuck at home during the coronavirus

Published 22 Mar, 2020 12:00am

Global Business Economy

Argentina lays out key economic road map amid debt talks

Argentina's government laid out its most in-depth economic road map on Friday, a key step in debt talks after creditors clamored for more detailed information about the country's plans as both sides look to strike a restructuring deal.

Published 22 Mar, 2020 12:00am

War-ravaged Syria takes new steps against coronavirus, says no recorded cases yet

Syria, already shattered by nine years of war, has banned entry for foreigners arriving from many countries hit by the coronavirus as part of widening measures to combat the epidemic. Although the government says it has yet to document any infections, Syr

Published 22 Mar, 2020 12:00am

Britain's NHS secures private hospital capacity 'en bloc' to fight coronavirus

Britain's National Health Service (NHS) will have more ventilators and thousands of extra beds and healthcare staff on hand from next week to fight coronavirus after it struck a deal with the independent hospital sector.

Published 22 Mar, 2020 12:00am

Australian police charge second man in alleged neo-Nazi terror plot

Australian counter-terrorism police have charged a second man with terrorism over an alleged right-wing plot to stage attacks outside Sydney, officials said Saturday. The 23-year-old had been in custody since March 15 when authorities charged another man,

Published 22 Mar, 2020 12:00am

Teachers brave digital classrooms as coronavirus closes schools

Limiting screen time and telling students to hush are things of the past now that coronavirus has many teachers swapping whiteboards for laptops.

Published 22 Mar, 2020 12:00am

UAE reports first two deaths from coronavirus

The United Arab Emirates on Friday reported the first two deaths from coronavirus in the country. Abu Dhabi has reported 140 infections so far, of whom 31 have recovered, but no deaths.

Published 22 Mar, 2020 12:00am

North Cyprus rescues Syrians turned away by Nicosia

Police in northern Cyprus said Saturday that they had rescued 175 Syrians from the sea after authorities in the island's south stopped them from disembarking the previous day. The eastern Mediterranean island is divided between the internationally-recogni

Published 22 Mar, 2020 12:00am

Greek quake damages buildings, no casualties reported

A strong 5.6 magnitude earthquake struck early Saturday in northwest Greece, damaging property in the city of Parga, authorities said. The quake struck at 0049 GMT (0249 local time), with the epicentre 11 kilometres (around six miles) from Parga in Kanala

Published 22 Mar, 2020 12:00am

Poor Indians flee to villages as coronavirus measures take heavy toll

Thousands of poor city migrants whose livelihoods have collapsed due to India's coronavirus measures headed back to their villages on Saturday, raising fears that the exodus could carry the virus to the countryside.

Published 22 Mar, 2020 12:00am

Greece gets 500,000 masks from China to combat virus

A plane from China carrying 500,000 masks to help Greece combat the coronavirus outbreak landed at Athens International Airport on Saturday.

Published 22 Mar, 2020 12:00am

Zimbabwe president defies own travel ban to attend Namibia swearing-in

Zimbabwe president Emmerson Mnangagwa attended the investiture of his Namibian counterpart Hage Geingob in Windhoek on Saturday, defying his own government's ban on anyone leaving the country over coronavirus.

Published 22 Mar, 2020 12:00am

Sindh government stands by PM, federal government: Nasir

The chief minister of Sindh, his entire cabinet and the administration is with the prime minister in these testing times when everyone was desperately making efforts to limit the spread of the novel coronavirus.

Published 22 Mar, 2020 12:00am

Government urged to order K-Electric to defer ISPA charges

The leadership of the Karachi Chamber of Commerce & Industry (KCCI) and the industrial town associations here on Saturday urged the federal government to order the K-Electric to immediately stop and defer the Industrial Support Package Adjustment (ISPA),

Published 22 Mar, 2020 12:00am

German FM calls Qureshi over telephone

German Foreign Minister Heiko Maas called Foreign Minister Makhdoom Shah Mahmood Qureshi over telephone, Saturday.

Published 22 Mar, 2020 12:00am

Business & Economy

PBIF chief terms KE's ISPA adjustment demand 'unjust'

President of Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain, has said coronavirus has started damaging the already fragile economy of the country.

Published 22 Mar, 2020 12:00am

Cotton & Textile

PTA chief optimistic about realistic relief package

Pakistan Tanners Association (PTA) Chairman Sheikh Afzal Hussain has expressed confidence on Prime Minister Imran Khan that the proposed "Relief Package" for export Industries as proposed to be announced on coming Tuesday (24.03.2020) must have the follow

Published 22 Mar, 2020 12:00am

CM visits Expo Centre to review arrangements for field hospital

The number of coronavirus cases in Sindh has risen to 359, including 60 of local transmission.

Published 22 Mar, 2020 12:00am

Cotton & Textile

Coronavirus threat: No layoffs, textile industry assures government

Textile industry has assured the federal government that there will be no layoffs of workers due to ongoing coronavirus (COVID-19) pandemic.

Published 22 Mar, 2020 12:00am

SHCBA proposes steps to prevent spread of COVID-19

Sindh High Court Bar Association (SHCBA) on Saturday proposed to Chief Justice Sindh High Court for precautionary measures to prevent COVID-19.

Published 22 Mar, 2020 12:00am

PU labs turned into COVID-19 test centres

Punjab University Vice Chancellor Prof Niaz Ahmad on Saturday has instructed to dedicate PU laboratories having specific standards for the test of coronavirus suspects on emergency basis. He was visiting the laboratories of Centre of Excellence in Molecul

Published 22 Mar, 2020 12:00am

Coronavirus patients' tally surge to 104 in Punjab

While the screening of Corona suspects is underway, the total number of COVID-19 patients has reportedly risen to 104 across the province. As many as 10 affected patients are under treatment at Lahore's Mayo Hospital, one each in Services and Jinnah Hospi

Published 22 Mar, 2020 12:00am

Telecommunication

Infinix S5 Pro launched

Infinix, a leading smartphone brand, has launched its latest devise Infinix S5 Pro with a pop-up selfie camera. Infinix Pakistan CEO Joe Hu said that they are introducing a new member to the Infinix S5 family.

Published 22 Mar, 2020 12:00am

Cotton & Textile

Export-oriented industries: PHMA chief seeks PM's intervention

Pakistan Hosiery Manufacturers & Exporters Association's Central Chairman Chaudhry Salamat Ali has demanded immediate intervention of the Prime Minister of Pakistan Imran Khan to rescue the export-oriented industries which have reached on the brink of clo

Published 22 Mar, 2020 12:00am

Energy

KE vows to ensure power supply during stay-at-home

K-Electric remains committed to ensuring customer support in the midst of the COVID-19 outbreak. In order to ensure continuity of services to customers, KE's field teams will continue to be on-ground to ensure the city of Karachi stays powered up.

Published 22 Mar, 2020 12:00am

JI turns its health facilities, offices into Corona Help Centres

Jamaat-e-Islami (JI) Karachi has converted its 70 offices, hospitals and clinics into 'Coronavirus Help Centres' to facilitate the masses. Addressing a press conference here on Saturday at Idara Noor-e-Haq, JI Karachi Ameer Hafiz Naeem-ur-Rehman announced

Published 22 Mar, 2020 12:00am

SC directs above 50 staff to work from home

The Supreme Court (SC) in order to minimise spread of coronavirus advised staff members above the age of 50 years to work from home. The statement issued by SC PRO said that only the essential staff will attend office. All the female staff have been advis

Published 22 Mar, 2020 12:00am

Business & Economy

KCCI to remain closed from 24th to 29

Keeping in view the outbreak of the coronavirus, the Chairman of the Businessmen Group, Siraj Kassam Teli, and the office-bearers and managing committee members of the Karachi Chamber of Commerce and Industry (KCCI) have decided to shut down KCCI for one

Published 22 Mar, 2020 12:00am

Gems export up 43 percent in July-January 2019-20

The country's gems export grew by 43 percent to $3.270 million in July-Jan 2019-20, official figures say. Increase in gems export now stands at $981,000 in July-Jan 2019-20 comparing with its export of $2.289 million in July-Jan 2018-19, Pakistan Bureau o

Published 22 Mar, 2020 12:00am

Impact of climate change: Wapda chief for national strategy on water resources

WAPDA Chairman Lt Gen Muzammil Hussain (retd), in his message on the occasion of World Water Day to be observed on March 22, said climate change has been impacting the availability of surface water in Pakistan, as climate and water are inextricably interl

Published 22 Mar, 2020 12:00am

Energy

Coronavirus outbreak: 'Waiving off electricity bills not viable solution at all'

Waiving off the electricity bills of those earning Rs 25,000 per month or below due to the outbreak of coronavirus is not viable at all and the only possible way out is to delay the payment for certain period if someone comes with distress, said sources.

Published 22 Mar, 2020 12:00am

Prices of essential kitchen items go up

Prices of essential kitchen items especially, entire range of pulses, tea, ghee/cooking oil, sugar, rice and eggs have witnessed an increase during this past week as compared to the week before, a survey carried out by Business Recorder revealed he

Published 22 Mar, 2020 12:00am

Only PM can take decision of cities' lockdown, says Awan

Special Assistant to the Prime Minister on Information Dr Firdous Ashiq Awan categorically said that only Prime Minister Imran Khan could take the decision of a lockdown of cities to control the spread of coronavirus if required.

Published 22 Mar, 2020 12:00am

Complete lockdown not appropriate option: GHSI

The mitigating measures required to deal with Pakistan's unique socio-economic conditions need to be implemented strictly, said senior epidemiologist Dr Rana Jawad Asghar.

Published 22 Mar, 2020 12:00am

IT & Computers

PITB, FGEI ink MoU to develop human resource system

The Punjab Information Technology Board (PITB) in collaboration with federal government educational institutions situated in Cantts & Garrisons inked a Memorandum of Understanding (MoU) on Saturday to develop the human resource management information syst

Published 22 Mar, 2020 12:00am

Theft and carjacking cases on the rise in Capital

The incidents of different kinds of theft and carjacking witnessed an increase in the city as over eight cases of theft including robbery and snatching at gunpoint as well six cases of car lifting were reported to various police stations here during last

Published 22 Mar, 2020 12:00am

Huawei Pakistan donates VCS to MNHS

Huawei Pakistan has donated a video conference system worth about 300,000 US dollars to the Ministry of National Health Services (MNHS) to help the country fight COVID-19. This system can connect the World Health Organization Pakistan Office, the governme

Published 22 Mar, 2020 12:00am

300 Pakistanis offloaded from flight in Italy

300 Pakistanis have been left stranded in Italy on account of not having necessary health certificates. The passengers have appealed to the govt to assist in bringing them back home. According to details, the coronavirus health certificate has become a ma

Published 22 Mar, 2020 12:00am

KP registeres two more COVID-19 cases

Advisor to KP CM on Information Ajmal Wazir Saturday said that two new cases of Coronovirus have been registered in Khyber Pakhtunkhwa that raises the toll to 25 in the province. Addressing a press conference here Saturday, he said that the toll of positi

Published 22 Mar, 2020 12:00am

Money & Banking

COVID-19: ZTBL takes various measures for staff

In wake of surge in novel coronavirus cases across Pakistan, Zarai Taraqiati Bank Limited (ZTBL) has also taken various measures to prevent from COVID-19 pandemic. In this regard, the sensitive patients having chronic diseases more vulnerable to coronavir

Published 22 Mar, 2020 12:00am

Mismanagement in dealing with COVID-19: SC moved against fed, provincial governments

The Supreme Court was approached for orders to the federal and provincial governments to take immediate action for effectively dealing with the coronavirus outbreak, as the governments have clearly failed even at such an early stage of the pandemic.

Published 22 Mar, 2020 12:00am

Coronavirus cases: Government urged to take prompt precautionary steps

The Amun Taraqqi Party (ATP) chairman, Muhammad Faiq Shah has called upon the government to take prompt economic and emergency precautionary measures to ensure life safety amid the increasing cases of coronavirus in parts of the country. Faiq Shah while c

Published 22 Mar, 2020 12:00am

MOL group donates 50,000 face masks

In a bid to save thousands of lives from the fatal Coronavirus, MOL Pakistan Oil & Gas Company B.V donated 50,000 face masks for the residents of its operational areas of Khyber Pakhtunkhwa.

Published 22 Mar, 2020 12:00am

Business & Economy

AGP detects Rs 116.15 million financial irregularities in TCKP

The Auditor General of Pakistan (AGP) has detected irregularities to the tune of Rs 116.15 million in the Tourism Corporation Khyber Pakhtunkhwa (TCKP) in 12 cases during financial year 2015-16, said AGP Report on public sector enterprises (PSEs) of Khybe

Published 22 Mar, 2020 12:00am

Bilawal trend-setter

"I will not criticise Imran Khan. He is our prime minister. ... I expect him to lead the nation from the front," says no one but the chairman of an opposition party, Bilawal Bhutto Zardari, who has always described the incumbent prime minister as a "selec

Updated 24 Mar, 2020 09:58am

Managing spring rains

The spring rains caused by westerly weather system are not unusual in Pakistan. And it is also not unusual that they cause a lot of losses and damage. They unleash torrential downpours, trigger avalanches and flooding and sometimes also usher in harsh win

Updated 24 Mar, 2020 10:05am

Critically threatened forests

It is a dire warning this country can ignore at its own peril. According to a review report issued by UN's Food and Agriculture Organisation about our forestry sector, Pakistan's natural forests are critically threatened due to widespread human activity.

Updated 24 Mar, 2020 10:05am

Articles

Lock it down, now!

There is no other option but to partially lock down big cities. Period. It must be done in a phased and sustainable manner for several weeks. Unless the government acts immediately, law of probability indicates that the virus is going to hit most of us. V

Published 22 Mar, 2020 12:00am

Articles

Turning the tide for water conservation

The every drop counts hashtag has garnered immense public following. In many ways, the UN's declaration of 2018-2028 as the International Decade for Conservation of Water is shaping public discourse on the globally critical need for taking effective measu

Published 22 Mar, 2020 12:00am

Articles

Why Italy? The factors behind a coronavirus disaster

Why Italy? Loads of people have been wondering why the beautiful Mediterranean country has become the new epicentre of the coronavirus pandemic.

Published 22 Mar, 2020 12:00am

Letters

'PSM problem: a workable solution'

This is apropos a Business Recorder op-ed "PSM problem: a workable solution" carried by the newspaper yesterday. The writer, Farhat Ali, seems to have come up with an interesting idea. According to hi, for example, "PSM chairman's plan or vision do

Published 22 Mar, 2020 12:00am

British HC official found dead

A British High Commission official was found dead in mysterious circumstances on Saturday. Sources said that the body of British High Commission's Third Secretary Brian Georgi Robinson, 65, was shifted to Polyclinic hospital, who died in Diplomatic Enclav

Published 22 Mar, 2020 12:00am

Chaman border reopened

The Chaman-Spin Boldak border between Pakistan and Afghanistan was opened for trade on Saturday on the directions of Prime Minister Imran Khan as dozens of trucks crossed over into Afghanistan.

Published 22 Mar, 2020 12:00am

John Lewis to close UK department stores due to crisis

John Lewis, one of the biggest names on the British high street, is to temporarily close its 50 UK department stores because of the coronavirus crisis, it said Saturday. The employee-owned retailer will shut the stores on Monday for the forseeable future,

Published 22 Mar, 2020 12:00am

American music legend Kenny Rogers dies at 81

Country music legend Kenny Rogers, whose career spanned six decades and helped bring the genre into the mainstream, has died at the age of 81, his family announced. With hits like "The Gambler," "Lucille" and the duet "Islands in the Stream" with Dolly Pa

Published 22 Mar, 2020 12:00am

Shahbaz asks government to adopt China's lockdown strategy

The Leader of the Opposition in the National Assembly and the Pakistan Muslim League (PML-N) President, Shahbaz Sharif, has asked the government to immediately start implementing China-style lockdown to protect Pakistanis against spread of COVID-19.

Published 22 Mar, 2020 12:00am

North Korea fires two 'ballistic missiles' into sea

North Korea fired what appeared to be two short-range ballistic missiles off its east coast on Saturday, the latest in a series of such launches by Pyongyang as the world struggles with the coronavirus pandemic. The South Korean military condemned the lau

Published 22 Mar, 2020 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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