News Archives for Print - 2020-07-04

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Print - 2020-07-04

The Weather

KARACHI: The weather report on Friday (July 3, 2020) and the forecast for Saturday (July 4, 2020)....

Published 04 Jul, 2020 03:02am

Exchange

Qureshi apprises ECO secretary about Indian atrocities in IoJK

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Friday apprised Economic Cooperation Organization (ECO) ...

Published 04 Jul, 2020 03:02am

MoITT, ECP discuss measures to introduce e-voting in country

ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) in collaboration with the Election...

Updated 04 Jul, 2020 03:51am

Exchange

IHC directs interior secretary to hear Ritchie's visa issue

ISLAMABAD: The Islamabad High Court (IHC) on Friday directed secretary interior to hear the US citizen, Cynthia Dawn...

Updated 04 Jul, 2020 04:03am

Trees' cutting, mining and crushing: Punjab submits report to SC on activities at Margalla Hills

ISLAMBAD: The Punjab Mines and Minerals Department on Friday submitted its report in the Supreme Court about cutting...

Published 04 Jul, 2020 03:02am

Capital records lowest number of positive cases

ISLAMABAD: The federal capital on Friday recorded the lowest number of new coronavirus cases, 113, in the last two...

Updated 04 Jul, 2020 04:03am

FIA seeks confiscation of MQM founder's property

ISLAMABAD: The Federal Investigation Agency (FIA) on Friday filed an application in Anti-Terrorism Court (ATC)...

Published 04 Jul, 2020 03:02am

WWF welcomes Imran's move to protect national parks in Pakistan

KARACHI: WWF-Pakistan has welcomed Prime Minister Imran Khan's move to protect national parks and conserve...

Published 04 Jul, 2020 03:02am

Fazaia Housing scam: Over Rs 16 billion to be disbursed among 6,000 victims: NAB

KARACHI: The refunds of over Rs16 billion to the 6,000 affectees of Fazaia Housing Scam will be made under the court...

Updated 04 Jul, 2020 04:03am

More hotspots sealed in Karachi

Karachi: Identifying the new Covid-19 hotspots in different parts of Karachi, the district administrations have...

Published 04 Jul, 2020 03:02am

Covid-19: 50,908 out of 90,721 patients recovered: CM

KARACHI: As many as 1496 new cases were emerged when 10,027 samples were tested raising the tally to 90,721 while 22...

Updated 04 Jul, 2020 04:03am

Funds not released for several development projects in Karachi

KARACHI: The release of funds for development projects in Karachi from the Centre remained a mixed story during the...

Updated 04 Jul, 2020 04:01am

Pakistan urges UN to help children of IOK

GENEVA: Pakistan has urged the United Nations Special Representative of the Secretary-General on Violence against...

Updated 04 Jul, 2020 03:59am

Government to allow markets of sacrificial animals outside cities

LAHORE: To mitigate and control the spread of Corona and Congo viruses in Punjab, the Punjab government has decided...

Updated 04 Jul, 2020 03:57am

Reckitt Benckiser to help NDMA in disinfection drive at public places

LAHORE: Reckitt Benckiser, the makers of leading health and hygiene brands including Dettol, Harpic, and Robin...

Updated 04 Jul, 2020 03:58am

Europe

Britain eases virus quarantine as US, China omitted

LONDON: Britain on Friday exempted dozens of countries from its quarantine rules as the coronavirus outbreak slowed...

Published 04 Jul, 2020 03:02am

Europe

EU authorises use of remdesivir to treat coronavirus

BRUSSELS: The European Commission, the bloc's executive arm, on Friday authorised the use of anti-viral drug...

Published 04 Jul, 2020 03:02am

China

Beijing lifts most travel restrictions

BEIJING: Beijing has contained transmission of a new coronavirus outbreak and will lift travel restrictions on most...

Published 04 Jul, 2020 03:02am

Putin mocks US embassy rainbow flag

MOSCOW: Russian President Vladimir Putin on Friday mocked a rainbow LGBT pride flag hung from the US embassy in...

Published 04 Jul, 2020 03:02am

Europe

Macron replaces French PM after election rout

PARIS: French President Emmanuel Macron on Friday named a senior but low-profile bureaucrat as prime minister to...

Published 04 Jul, 2020 03:02am

Khashoggi killing: Turkish court tries Saudis in absentia

ISTANBUL: A Turkish court put 20 Saudi officials on trial in absentia on Friday for the gruesome killing of...

Published 04 Jul, 2020 03:02am

Canada suspends extradition with Hong Kong to protest China security law

OTTAWA: Canada on Friday suspended its extradition treaty with Hong Kong to protest the sweeping new national...

Published 04 Jul, 2020 03:02am

South Asia

Afghan warlord accused of rights abuse awarded highest military rank

KABUL: A powerful Afghan warlord accused of kidnapping and raping a political opponent and of committing rights...

Published 04 Jul, 2020 03:02am

UK, Indian firm salvage satellite operator Oneweb

LONDON: The UK government and Indian telecoms giant Bharti are to take control of the collapsed satellite firm...

Published 04 Jul, 2020 03:02am

Europe

Climate activists rage as Germany votes drawn-out coal exit

BERLIN: Climate activists heckled German MPs Friday outside the Berlin parliament building as the country passed a...

Published 04 Jul, 2020 03:02am

Exchange

Lebanon suicides spark outrage at government over economic crisis

BEIRUT: Two suicides in Lebanon on Friday, apparently linked to the country's deepening economic downturn, have...

Published 04 Jul, 2020 03:02am

Partly Facetious: What's ROM?

ARTICLE: "Hafeez Sheikh, ROM, has decided not to privatise PIA-owned Roosevelt Hotel in New York and instead ...

Published 04 Jul, 2020 03:02am

Quetta Customs seizes 435kg of hashish

ISLAMABAD: Quetta Customs Friday recovered huge quantity of hashish (charas) (435kg) from a coach bus coming from...

Updated 04 Jul, 2020 03:39am

IHC accepts plea for early hearing of petition seeking disqualification of Vawda

ISLAMABAD: The Islamabad High Court (IHC) on Friday accepted an application for early hearing of a petition seeking...

Updated 04 Jul, 2020 03:36am

Qureshi tests positive for Covid-19

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi said he had been tested positive for Covid-19 after a slight fever,...

Updated 04 Jul, 2020 03:36am

Suspension of pillion-riding services decried

ISLAMABAD: The official suspension of pillion riding services is hampering investor confidence in Pakistan, Umar...

Updated 04 Jul, 2020 03:41am

Survey shows PML-N's approval rating increases to 32 percent over PTI's 29 percent

ISLAMABAD: For the first time since the 2018 general elections, the approval rating of the major opposition party,...

Updated 04 Jul, 2020 03:38am

Policeman gunned down

KARACHI Unidentified armed motorcyclists shot dead a 26-year-old police constable Noman, in the jurisdiction of...

Updated 04 Jul, 2020 03:45am

Oil sector

ARTICLE: In end May 2020, the federal government announced a big reduction in the price of petrol by Rs 7.06 per...

Published 04 Jul, 2020 03:02am

Exchange

So many keys

ARTICLE: To say that economic growth has been the most vexing problem for our national leadership for the last three...

Published 04 Jul, 2020 03:02am

The devil's in the detail for junk debt

ARTICLE: A sleight of hand by the owner of an Estonian gaming company is alarming investors worried that tactics ...

Published 04 Jul, 2020 03:02am

Exchange

Copper's bull run at risk as China enters slow summer season

ARTICLE: A stunning V-shaped recovery in the price of copper is looking stretched as top consumer China enters its...

Published 04 Jul, 2020 03:02am

Letters

The role of competition regulator

LETTER: This is apropos a Business Recorder op-ed "CCP slumbered whilst consumers short-changed?" carried by the...

Updated 04 Jul, 2020 04:02am

100 new ventilators arrive from US

KARACHI: A shipment of 100 brand new ventilators donated by the United States government through the US Agency for...

Updated 04 Jul, 2020 03:34am

Currency

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...

Published 04 Jul, 2020 03:02am

Exchange

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...

Published 04 Jul, 2020 03:02am

Forex

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (July 3,...

Published 04 Jul, 2020 03:02am

Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...

Published 04 Jul, 2020 03:02am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Friday (July 3, 2020)....

Published 04 Jul, 2020 03:02am

Currency

Bill buying rates per unit of currency

KARACHI: Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank ...

Published 04 Jul, 2020 03:02am

Forex

Banks rates for currency notes (buying and selling)

KARACHI: The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on ...

Published 04 Jul, 2020 03:02am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (July 3,...

Published 04 Jul, 2020 03:02am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 04 Jul, 2020 03:02am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (July 3, 2020)....

Published 04 Jul, 2020 03:02am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (July 3, 2020). ========================== KIBOR...

Published 04 Jul, 2020 03:02am

Rates.EFU

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (July 3, 2020). ======================== Offer Price 1,871.5486...

Published 04 Jul, 2020 03:02am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (July 3, 2020). ======================== Offer Price 329.7143...

Published 04 Jul, 2020 03:02am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (July 3, 2020). ======================== Offer Price 439.7189...

Published 04 Jul, 2020 03:02am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (July 3, 2020). ======================== Offer Price 1,401.4480...

Published 04 Jul, 2020 03:02am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (July 3, 2020). ======================== Offer Price...

Published 04 Jul, 2020 03:02am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (July 3, 2020). ======================== Offer Price 1,261.6786 Bid...

Published 04 Jul, 2020 03:02am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (July 3, 2020). ======================== Offer Price 1,198.9592...

Published 04 Jul, 2020 03:02am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (July 3, 2020). ======================== Offer Price...

Published 04 Jul, 2020 03:02am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (July 3, 2020). ======================== Offer Price...

Published 04 Jul, 2020 03:02am

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 04 Jul, 2020 03:02am

Exchange

Clearing Schedule for T+2 System

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

Published 04 Jul, 2020 03:02am

Exchange

Proposed right issues

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

Published 04 Jul, 2020 03:02am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 04 Jul, 2020 03:02am

Exchange

BOARD MEETINGS

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

Published 04 Jul, 2020 03:02am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (July 3, 2020). ==================================== BR...

Published 04 Jul, 2020 03:02am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Updated 04 Jul, 2020 03:32am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Friday (July 3, 2020)...

Published 04 Jul, 2020 03:02am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (July 3, 2020)....

Published 04 Jul, 2020 03:02am

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 04 Jul, 2020 03:02am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (July 3, 2020)....

Published 04 Jul, 2020 03:02am

Currency

THE RUPEE: Gains extend

KARACHI: On Friday, Pakistan Rupee continued to gain value against USD in both interbank and open markets. It also...

Published 04 Jul, 2020 03:02am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (July 3, 2020)....

Published 04 Jul, 2020 03:02am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (July 3, 2020). ======================== Bid Rate Rs...

Published 04 Jul, 2020 03:02am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 3, 2020)....

Published 04 Jul, 2020 03:02am

Commodities

Pakistan Mercantile Exchange - PMEX

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

Published 04 Jul, 2020 03:02am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Friday (July 3, 2020). ======================================= Offset Paper...

Published 04 Jul, 2020 03:02am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (July 3, 2020)...

Published 04 Jul, 2020 03:02am

Exchange

LME official prices

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

Published 04 Jul, 2020 03:02am

Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (July 3, 2020)....

Published 04 Jul, 2020 03:02am

Aaj TV - Saturday'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 04 Jul, 2020 04:04am

Saroj Khan, choreographer, dies

MUMBAI: Bollywood's first female choreographer Saroj Khan, whose sizzling dance routines breathed life into hundreds...

Updated 04 Jul, 2020 04:08am

Cotton & Textile

Cotton spot rate remains unchanged

KARACHI: Local cotton market remained stable on Friday. Market sources said that trading volume remained a little ...

Updated 04 Jul, 2020 03:52am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (July 3, 2020)....

Published 04 Jul, 2020 03:02am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 122,422 tonnes of cargo comprising 78,950 tonnes of import cargo and 43,472 tonnes...

Published 04 Jul, 2020 03:02am

Commodities

China steel rebar higher

BEIJING: Steel rebar on the Shanghai Futures Exchange snapped three straight sessions of losses to inch up on...

Published 04 Jul, 2020 03:02am

Commodities

PMEX daily trading report

KARACHI: On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,427. The traded value...

Published 04 Jul, 2020 03:02am

Grains

Euronext wheat edges lower as EU harvest awaited

PARIS: Euronext wheat edged lower on Thursday, pressured by a pullback in US futures while traders waited for...

Published 04 Jul, 2020 03:02am

Stocks

US markets closed

NEW YORK: US stocks, financial and commodity markets were closed on Friday ahead of Independence Day on July 4....

Published 04 Jul, 2020 03:02am

Commodities

Gold holds steady in Europe

LONDON: Gold prices were little changed on Friday as worries over an accelerating number of coronavirus cases...

Updated 04 Jul, 2020 03:29am

Commodities

Palm oil reverses early gains

SINGAPORE: Malaysian palm oil futures reversed early gains on Friday, tracking lower crude and as investors booked...

Updated 04 Jul, 2020 03:29am

Energy

Oil falls, still heads for weekly gain

LONDON: Oil fell below $43 a barrel on Friday as a resurgence of coronavirus cases raised concern that fuel demand...

Updated 04 Jul, 2020 03:29am

Commodities

Copper rally runs out of steam on China demand worries

LONDON: Copper slipped on Friday as speculators bet a rally had extended too far with demand in top consumer China...

Updated 04 Jul, 2020 03:28am

Grains

London cocoa hits 1-1/2-year low

LONDON: London cocoa prices on ICE hit 1-1/2 year lows on Friday as further signs emerged that the coronavirus...

Published 04 Jul, 2020 03:02am

Stocks

Registration made mandatory for professional clearing members

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) Friday decided to make it mandatory for the...

Updated 04 Jul, 2020 03:30am

Togh 01 well Kohat: OGDCL starts commercial production of gas, condensate

Energy

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 17	280.67
USD PKR Interbank Buying / Apr 17	280.47
USD to Japanese Yen / Apr 17	142.81
USD to Swiss Franc / Apr 17	0.82
Pound Sterling to USD / Apr 17	1.32
Euro to USD / Apr 17	1.14
UK LIBOR % / Apr 16	4.96

Stock	Volume
S&P 500 / Apr 16	5,275.70
Nasdaq / Apr 16	16,307.16
Dow Jones / Apr 16	39,669.39
India Sensex / Apr 17	77,621.26
Tokyo Nikkei / Apr 17	34,285.53
Hang Seng / Apr 17	21,352.47
FTSE 100 / Apr 17	8,207.23
Germany DAX 30 / Apr 17	21,240.89
France CAC40 / Apr 17	7,290.96

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	16,985
Gold 10 Grams PKR / Apr 16	298,353
Petrol/Litre / Apr 17	254.63
Crude Oil USD/Barrel / Apr 17	63.25
Gold Spot USD/Ounce / Apr 17	3,331.95
Diesel/Litre / Apr 17	258.64
Cotton US¢/pound / Apr 17	66.66

Gainers
Losers
Leaders

Stock	Price
Ghazi Fabrics / Apr 17 Ghazi Fabrics International Limited(GFIL)	8.36 ▲ 1 (13.59%)
UDL International / Apr 17 UDL International Limited(UDLI)	8.52 ▲ 1 (13.3%)
Escorts Bank / Apr 17 Escorts Investment Bank Limited(ESBL)	6.84 ▲ 0.76 (12.5%)
Chakwal Spinning / Apr 17 Chakwal Spinning Mills Limited(CWSM)	57.93 ▲ 5.27 (10.01%)
United Brands / Apr 17 United Brands Limited(UBDL)	23.18 ▲ 2.11 (10.01%)
S.S.Oil / Apr 17 S.S.Oil Mills Limited(SSOM)	244.59 ▲ 22.24 (10%)
Pak Gulf Leasing / Apr 17 Pak-Gulf Leasing Company Limited(PGLC)	21.89 ▲ 1.99 (10%)
PIA Holding Co.B / Apr 17 PIA Holding Company Limited B(PIAHCLB)	1,928.97 ▲ 175.36 (10%)
Trust Sec.& Brok. / Apr 17 Trust Securities & Brokerage Limited(TSBL)	13.97 ▲ 1.27 (10%)
Bolan Casting / Apr 17 Bolan Castings Limited(BCL)	104.06 ▲ 9.46 (10%)

Stock	Price
Oilboy Energy(R) / Apr 17 Oilboy Energy Limited(R)(OBOYR2)	1.07 ▼ -0.31 (-22.46%)
Gulshan Sp. / Apr 17 Gulshan Spinning Mills Limited(GSPM)	3.48 ▼ -0.46 (-11.68%)
Blue-Ex Ltd / Apr 17 Blue-Ex Limited (GEM)(GEMBLUEX)	56.69 ▼ -6.29 (-9.99%)
Int. Knit. / Apr 17 International Knitwear Limited(INKL)	14.84 ▼ -1.56 (-9.51%)
Jubilee Gen. Ins. / Apr 17 Jubilee General Insurance Limited(JGICL)	49.52 ▼ -4.7 (-8.67%)
Bawany Air Products / Apr 17 Bawany Air Products Limited(BAPL)	32.39 ▼ -2.92 (-8.27%)
Asim Textile / Apr 17 Asim Textile Mills Limited(ASTM)	13.40 ▼ -1.2 (-8.22%)
Jahangir Sidd(Pref) / Apr 17 Jahangir Sidd(Pref)(JSCLPSA)	8.85 ▼ -0.6 (-6.35%)
Sanghar Sugar / Apr 17 Sanghar Sugar Mills Limited(SANSM)	50.83 ▼ -3.24 (-5.99%)
The Thal Ind.Corp. / Apr 17 The Thal Industries Corporation Limited(TICL)	340.04 ▼ -19.97 (-5.55%)

Stock	Volume
Maple Leaf Cement / Apr 17 Maple Leaf Cement Factory Limited(MLCF)	23,794,610 ▲ 3.81
B.O.Punjab / Apr 17 The Bank of Punjab(BOP)	23,321,095 ▲ 0.15
Cnergyico PK / Apr 17 Cnergyico PK Limited(CNERGY)	17,945,036 ▲ 0.02
Fauji Cement / Apr 17 Fauji Cement Company Limited(FCCL)	16,949,781 ▲ 1.19
National Bank / Apr 17 National Bank of Pakistan(NBP)	16,604,549 ▲ 4.2
WorldCall Telecom / Apr 17 Worldcall Telecom Limited(WTL)	14,865,718 ▲ 0
Pace (Pak) Ltd. / Apr 17 Pace (Pakistan) Limited(PACE)	14,613,210 ▲ 0.21
Sui South Gas / Apr 17 Sui Southern Gas Company Limited(SSGC)	11,876,679 ▲ 1.06
Hascol Petrol / Apr 17 Hascol Petroleum Limited(HASCOL)	10,975,030 ▲ 0.09
United BankXD / Apr 17 United Bank Limited(UBL)	10,968,701 ▲ 16.02

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