News Archives for Print - 2020-07-13

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Print - 2020-07-13

USA

Florida reports 15,000 new virus cases in a day, a US record

NEW YORK: Florida has registered more than 15,000 new cases of coronavirus in a day, easily breaking a record for a...

Published 13 Jul, 2020 02:40am

EU concern at UN Syria aid plan

BRUSSELS: The EU on Sunday voiced "deep concern" at a UN move to close an access point for humanitarian aid to...

Updated 13 Jul, 2020 03:27am

Britain, France agree joint unit to fight migrant traffickers

CALAIS: The interior ministers of France and Britain on Sunday signed an agreement creating a new joint police...

Updated 13 Jul, 2020 03:37am

Ehsaas' positive contribution

ARTICLE: The narrative of Prime Minister Imran Khan's signature Ehsaas programme, which has subsumed Benazir Income...

Published 13 Jul, 2020 02:40am

Stocks

Longer, greener, broader: strategies for a world awash in new bonds

LONDON: Century bonds and green bonds, the first 20-year US Treasury issue in decades, securities for mom-and-pop...

Published 13 Jul, 2020 02:40am

PPP behind media campaign against Haleem Adil: PTI leaders

KARACHI: Pakistan Tehreek-e-Insaf (PTI) leaders said on Sunday the media campaign targeted against Haleem Adil ...

Updated 13 Jul, 2020 03:23am

Senior Hurriyat leader Sehrai arrested in IOK

OCCUPIED SRINAGAR: In occupied Kashmir, Indian police arrested senior Hurriyat leader and Chairman of Tehreek...

Updated 13 Jul, 2020 03:24am

One injured by smugglers' firing

KARACHI: An unknown person sustained a bullet wound when smugglers sprayed bullets on the customs officials during...

Published 13 Jul, 2020 02:40am

Covid-19: Sindh records 48 more deaths: CM

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that 48 more patients of Covid-19 lost their lives ...

Updated 13 Jul, 2020 03:26am

Reliance's digital unit wins Qualcomm backing in boost to 5G plans

NEW DELHI: India's Reliance Industries said on Sunday Qualcomm Inc's investment arm will buy a 0.15% stake in its...

Updated 13 Jul, 2020 03:44am

Kerb

UK Labour joins Facebook ad boycott

LONDON: Britain's main opposition Labour party said Sunday it has joined a Facebook advertising boycott over...

Updated 13 Jul, 2020 03:44am

China

Quake rattles Chinese city hit by massive 1976 disaster

BEIJING: A 4.7-magnitude earthquake struck the northern Chinese city of Tangshan on Sunday, according to the United...

Published 13 Jul, 2020 02:40am

Asia

Half million Hong Kong people vote in pro-democracy primaries

HONG KONG: More than half a million Hong Kong people voted in primaries held by pro-democracy parties to choose...

Updated 14 Jul, 2020 03:35am

South Asia

Sri Lanka cancels election rallies over new virus wave

COLOMBO: Sri Lanka's ruling party Sunday called off its rallies ahead of upcoming parliamentary elections and ...

Updated 13 Jul, 2020 03:28am

Middle East

Coronavirus claims over 20,000 lives across Mideast

PARIS: The novel coronavirus pandemic has killed more than 20,000 people across the Middle East, half of them in...

Updated 13 Jul, 2020 03:29am

Europe

Divided Poland votes

WARSAW: Poles voted on Sunday in a razor edge presidential run-off election between a populist incumbent allied with...

Updated 13 Jul, 2020 03:27am

Europe

Prison terms for French ex-spies who shared secrets with China

PARIS: A French court has sentenced to jail two former agents from the foreign intelligence service after convicting...

Published 13 Jul, 2020 02:40am

Middle East

Iran says misaligned radar led to Ukrainian jet downing

TEHRAN: Iran said that the misalignment of an air defence unit's radar system was the key "human error" that led to...

Published 13 Jul, 2020 02:40am

Stocks

Most Gulf bourses up as DAMAC lifts Dubai

DUBAI: Most major Gulf markets closed higher on Sunday, as investor focus turned to corporate earnings starting this...

Published 13 Jul, 2020 02:40am

Stocks

PTT sells Asia's longest dollar bond, raises $700 million

HONG KONG: Thailand's largest energy company PTT raised $700 million from the sale of a 50-year bond in Asia's...

Published 13 Jul, 2020 02:40am

Stocks

Wall Street week ahead: Investors await BlackRock earnings after blistering Q2 market rally

NEW YORK: Investors will watch next week's earnings from BlackRock, the world's largest asset manager, for a ...

Published 13 Jul, 2020 02:40am

Mutual Funds

Upward trajectory continues

KARACHI: Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended on July 10, 2020 on back of...

Published 13 Jul, 2020 02:40am

986 bodies of Pakistani expats brought to country so far: OP&HRD

ISLAMABAD: Ministry of Overseas Pakistanis and Human Resource Development (OP&HRD) Sunday said more than 980...

Updated 13 Jul, 2020 03:19am

Commodities

Essential food items' prices crawl up ahead of Eid

PESHAWAR: Prices of essential food commodities including vegetable, pulses, sugar, flour fruits, cooking oil/ghee...

Published 13 Jul, 2020 02:40am

KP government issues SOPs for cattle market ahead of Eidul Azha

PESHAWAR: Special Assistant to KP CM on Information, Kamran Khan Bangash has said that the Khyber Pakhtunkhwa...

Updated 13 Jul, 2020 03:20am

NICVD sets up CPU in Umerkot

KARACHI: National Institute of Cardiovascular Diseases (NICVD) in collaboration with the Government of Sindh has...

Updated 13 Jul, 2020 03:21am

NCOC's meeting to be held in Lahore today

ISLAMABAD: An important meeting of National Command and Operation Centre (NCOC) will be held in Lahore on Monday ...

Updated 13 Jul, 2020 03:21am

Rain-thundershowers with windstorm likely

ISLAMABAD: Pakistan Meteorological Department has forecast rain-thundershowers with windstorm in upper/central...

Updated 13 Jul, 2020 03:22am

Energy

Pro-Haftar forces say will maintain Libya oil blockade

TRIPOLI: A blockade of Libya's oil production will continue, forces loyal to strongman Khalifa Haftar have warned,...

Published 13 Jul, 2020 02:40am

Rates.BR Index

Futures spread down by 1684bps

KARACHI: The futures spread declined by 1684bps to negative 25.17 percent on the last day of the outgoing week....

Published 13 Jul, 2020 02:40am

Currency

Beware the 'Ides of July'

ARTICLE: Follow the curve. Spikes. Resurge. Flattening. RO rate. These are probably the most searched and discussed...

Published 13 Jul, 2020 02:40am

Mutahidda Ulema Board: Scholars, clerics endorse code of conduct

ISLAMABAD: Religious scholars and clerics of different schools of thought Sunday unanimously announced endorsing ...

Published 13 Jul, 2020 02:40am

Revenue department hands over asset details of minister to NAB

ISLAMABAD: The revenue department Rawalpindi has reportedly handed record of Minister for Aviation Ghulam Sarwar...

Updated 13 Jul, 2020 03:16am

Naya Pakistan Housing Project: Govt may face several hurdles

ISLAMABAD: The success of Prime Minister Imran Khan's newly launched Naya Pakistan Housing Project (NPHP) will ...

Published 13 Jul, 2020 02:40am

'Dubious licences' of 262 pilots: Palpa to challenge govt's list in SC

ISLAMABAD: The Pakistan Airlines Pilots Association (PALPA) will challenge the government's list of 262 pilots...

Published 13 Jul, 2020 02:40am

Three generations of Bachchan family hit by Covid-19

MUMBAI: Revered Bollywood actor Amitabh Bachchan's daughter-in-law and granddaughter have joined him and his son in...

Updated 13 Jul, 2020 03:36am

Exchange

4 soldiers martyred, 4 terrorists killed in NWA

ISLAMABAD: Inter Service Public Relations (SPR) said on Sunday that as many as four terrorists have been killed...

Updated 13 Jul, 2020 03:36am

Letters

Transmission constraints

LETTER: According to K-Electric, the principal reasons behind frequent power outages in Karachi are inadequate...

Published 13 Jul, 2020 02:40am

Wall Street's Big Tech enthusiasm getting stronger

ARTICLE: Tech stocks were going strong even before COVID-19, but behavioral shifts during the pandemic have lifted...

Published 13 Jul, 2020 02:40am

KP CM directs hiring against approved vacancies in RFL Swat

PESHAWAR: Khyber Pakhtunkhwa (KP) Chief Minister Mahmood Khan has directed to complete recruitment process against...

Updated 13 Jul, 2020 03:42am

Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (July 6 to 10,...

Published 13 Jul, 2020 02:40am

Rates.Banks

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DECEMBER 2019)

KARACHI: Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and ...

Published 13 Jul, 2020 02:40am

Currency

YOUR RUPEE LAST MONTH

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last month. (June 1 to 30,...

Published 13 Jul, 2020 02:40am

The Weather

KARACHI: The weather report on Sunday (July 12, 2020) and the forecast for Monday (July 13, 2020)....

Updated 13 Jul, 2020 03:38am

Aaj TV - Monday'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 13 Jul, 2020 03:30am

Cotton

'Locust swarm may create food insecurity'

HYDERABAD: The locust attack on agriculture lands devastated fruits, vegetables and other major and minor crops in...

Updated 13 Jul, 2020 03:39am

NKATI founder Capt A Moiz Khan laid to rest

KARACHI: Capt (retd) A Moiz Khan, founder and former chairman of the North Karachi Association of Trade and Industry...

Published 13 Jul, 2020 02:40am

Senate to consider proposed bill to increase Balochistan PA seats

ISLAMABAD: The Senate has included two bills in its agenda for the sitting on July 13 (Monday) seeking amendments in...

Updated 13 Jul, 2020 03:39am

Protest held against Trump in Islamabad

ISLAMABAD: In a demonstration on Sunday the protesters alleged President of the United States, Donald Trump for...

Published 13 Jul, 2020 02:40am

'Kashmir Martyrs Day' today

ISLAMABAD: 'Kashmir Martyrs Day' will be observed across the country including Azad Jammu and Kashmir (AJK) on ...

Updated 13 Jul, 2020 03:40am

Kashmir martyrs: AJK president vows to carry forward mission

ISLAMABAD: President of Azad Jammu and Kashmir Sardar Masood Sunday vowed to carry forward the mission of Kashmiri...

Updated 13 Jul, 2020 03:40am

Islamabad Capital Territory: SOPs issued for cattle markets ahead Eidul Azha

ISLAMABAD: The district magistrate, Islamabad Capital Territory (ICT) has issued Standard Operating Procedures ...

Updated 13 Jul, 2020 03:41am

JI chief foresees political polarization

LAHORE: Chief of Jamaat-e-Islami Senator Sirajul Haq has said that the political polarization would further enhance...

Updated 13 Jul, 2020 03:42am

Virtual ADE seminar series launched

LAHORE: The Centre for Research in Economics and Business (CREB) at the Lahore School of Economics, in partnership...

Published 13 Jul, 2020 02:40am

Cotton & Textile

Weekly Cotton Review: Prices of cotton remain stable

KARACHI: The prices of cotton remained stable. Increase in the supply of Phutti. Adequate rainfall is beneficial for...

Published 13 Jul, 2020 02:40am

Violation of SOPs: Police seal 21,531 shops in Punjab

LAHORE: Punjab Inspector General of Police (IGP) Shoaib Dastgir has disclosed that the police department has, so ...

Published 13 Jul, 2020 02:40am

Positive cases declining in Balochistan: Shahwani

ISLAMABAD: Spokesman of Balochistan government Liaquat Shahwani said on Sunday that corona cases in the provinces ...

Published 13 Jul, 2020 02:40am

Exchange

Turkey revokes experience requirement for central bank deputy governor

ISTANBUL: Turkey has revoked a requirement that central bank deputy governors have 10 years prior experience and...

Published 13 Jul, 2020 02:40am

Money & Banking

Qatar's top bank profit slides

DOHA: Qatar National Bank, the largest lender in the Middle East, said Sunday its net profits for the second quarter...

Published 13 Jul, 2020 02:40am

Britain pledges £705 million to prepare post-Brexit borders

LONDON: Britain on Sunday pledged £705 million ($890 million, 788 million euros) to prepare its borders for cutting...

Updated 13 Jul, 2020 03:31am

Kuwait asks parliament to approve debt law to help cover deficit

KUWAIT: Kuwait's government formally submitted a public debt law to parliament on Sunday which would allow it to...

Updated 13 Jul, 2020 03:32am

China economy rebounds in Q2 after virus hit

BEIJING: China returned to growth in the second quarter after the coronavirus pandemic handed the world's second...

Updated 13 Jul, 2020 03:33am

Currency

Aussie and kiwi forecasts hiked to keep up with reality

SYDNEY: Analysts have sharply upgraded forecasts for the Australian and New Zealand dollars in the latest Reuters...

Published 13 Jul, 2020 02:40am

Currency

CEE currencies seen recovering in post-lockdown rebound

WARSAW: Most central European currencies will firm over the coming year, a Reuters poll of analysts showed, with the...

Published 13 Jul, 2020 02:40am

Money & Banking

China Bohai Bank raises $1.78bn in Hong Kong IPO

HONG KONG: China Bohai Bank has raised $1.78 billion after pricing its shares at HK$4.80 as it carried out the...

Published 13 Jul, 2020 02:40am

Currency

Yuan bulls re-emerge on inflows, economic recovery hopes

SINGAPORE: Long positions on China's yuan rose to a more than five-month high, a Reuters poll showed, as investors...

Published 13 Jul, 2020 02:40am

Construction sector: PM moves to revive Covid-hit economy with surge

ISLAMABAD: Prime Minister Imran Khan has made another move to revive the coronavirus-hit economy with an initiative...

Updated 13 Jul, 2020 03:33am

Taxes

Key issues of businessmen to be resolved: FBR chief

ISLAMABAD: Muhammad Javed Ghani, Chairman Federal Board of Revenue (FBR) has assured the business community that the...

Published 13 Jul, 2020 02:40am

Taxes

e-Khulli Kacheri: FBR issues instructions to field formations

ISLAMABAD: The Federal Board of Revenue (FBR) is belatedly implementing the Prime Minister's directive regarding...

Published 13 Jul, 2020 02:40am

Sell-off is not the only solution

EDITORIAL: Former Secretary Finance Younus Dagha put his finger on the pulse of the problems associated with poor...

Published 13 Jul, 2020 02:40am

Setbacks for PIA

EDITORIAL: The national carrier, PIA, and with it Pakistan's reputation continue to pay a price for the speech...

Published 13 Jul, 2020 02:40am

Trump finally dons mask

BETHESDA: US President Donald Trump finally yielded to pressure and wore a face mask in public for the first time, ...

Updated 13 Jul, 2020 03:16am

Exchange

SBP chief optimistic about forex reserves, rupee-dollar parity

KARACHI: The State Bank of Pakistan (SBP) has so far provided some Rs 1.3 trillion financial relief package to...

Updated 13 Jul, 2020 03:15am

Khunjrab to Islamabad: New optical fibre cable operationalized

ISLAMABAD: Special Assistant to the Prime Minister on Information and Broadcasting, Lt-Gen Asim Saleem Bajwa (retd)...

Updated 13 Jul, 2020 03:15am

CAA to be split into two regulators

ISLAMABAD: The federal government is likely to constitute two regulatory bodies to segregate regulatory and...

Updated 13 Jul, 2020 03:14am

BMP opposes proposal of shifting FPCCI head office to Islamabad

KARACHI: Businessmen Panel (BMP) secretary general (Federal) Ahmad Jawad has opposed the move of the incumbent FPCCI...

Published 13 Jul, 2020 02:40am

Taxes

COVID-19: Vehicle owner asked to pay token tax at e-sahulat centres

ISLAMABAD: The Excise and Taxation department has asked the Islamabad registered vehicle owners to pay their token...

Published 13 Jul, 2020 02:40am

PM's Housing initiative: Banks directed to dedicate 5pc of portfolios

ISLAMABAD: The government has stated that the banks have been instructed to dedicate five percent (Rs 330 billion) ...

Updated 13 Jul, 2020 03:14am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 7	281.52
USD PKR Interbank Buying / May 7	281.27
USD to Japanese Yen / May 7	142.91
USD to Swiss Franc / May 7	0.82
Pound Sterling to USD / May 7	1.34
Euro to USD / May 7	1.14
UK LIBOR % / May 6	4.96

Stock	Volume
S&P 500 / May 6	5,606.91
Nasdaq / May 6	17,689.66
Dow Jones / May 6	40,829
India Sensex / May 7	80,609.85
Tokyo Nikkei / May 7	36,835
Hang Seng / May 7	22,792.53
FTSE 100 / May 7	8,571.01
Germany DAX 30 / May 7	23,268.39
France CAC40 / May 7	7,663.35

Item	Value
Karachi Cotton PKR/37.32 KG / May 6	16,985
Gold 10 Grams PKR / May 6	305,300
Petrol/Litre / May 7	252.63
Crude Oil USD/Barrel / May 7	59.90
Gold Spot USD/Ounce / May 7	3,388.63
Diesel/Litre / May 7	256.64
Cotton US¢/pound / May 7	68.97

Gainers
Losers
Leaders

Stock	Price
Parmount Sp. / May 7 Paramount Spinning Mills Limited(PASM)	3.60 ▲ 0.35 (10.77%)
Dewan Mushtaq / May 7 Dewan Mushtaq Textile Mills Limited(DMTM)	10.96 ▲ 1 (10.04%)
First Elite Cap.Mod / May 7 First Elite Capital Modaraba(FECM)	18.58 ▲ 1.69 (10.01%)
Indus Dyeing / May 7 Indus Dyeing & Manufacturing Co. Limited(IDYM)	152.38 ▲ 13.85 (10%)
PIA Holding Co.B / May 7 PIA Holding Company Limited B(PIAHCLB)	6,392.75 ▲ 581.16 (10%)
Khyber Tobacco / May 7 Khyber Tobacco Company Limited(KHTC)	422.75 ▲ 38.43 (10%)
AN Textile Mill / May 7 AN Textile Mills Limited(ANTM)	11.22 ▲ 1.02 (10%)
Khyber Textile / May 7 Khyber Textile Mills Limited(KHYT)	607.34 ▲ 55.21 (10%)
Power Cem(Pref) / May 7 Power Cement (Pref)(POWERPS)	18.48 ▲ 1.68 (10%)
AKD Hospitality / May 7 AKD Hospitality Limited(AKDHL)	147.81 ▲ 13.44 (10%)

Stock	Price
Hira Textile / May 7 Hira Textile Mills Limited(HIRAT)	2.90 ▼ -0.45 (-13.43%)
Ist.Capital Sec / May 7 First Capital Securities Corporation(FCSC)	1.30 ▼ -0.2 (-13.33%)
Cresent Jute / May 7 Crescent Jute Products Limited(CJPL)	3 ▼ -0.41 (-12.02%)
F.Treet Manuf / May 7 First Treet Manufacturing Modaraba(FTMM)	3.52 ▼ -0.48 (-12%)
D.S. Ind. Ltd. / May 7 D.S. Industries Limited(DSIL)	4.20 ▼ -0.5 (-10.64%)
Colony Tex.Mills Ltd / May 7 Colony Textile Mills Limited(CTM)	3.34 ▼ -0.39 (-10.46%)
Tri-Star Mutual / May 7 Tri-Star Mutual Fund Limited(TSMF)	7.42 ▼ -0.84 (-10.17%)
PICIC Ins.Ltd. / May 7 PICIC Insurance Limited(PIL)	3.10 ▼ -0.35 (-10.14%)
Kohinoor Power / May 7 Kohinoor Power Company Limited(KOHP)	5.50 ▼ -0.62 (-10.13%)
First Tri-Star Mod. / May 7 First Tri-Star Modaraba(FTSM)	11.66 ▼ -1.3 (-10.03%)

Stock	Volume
WorldCall Telecom / May 7 Worldcall Telecom Limited(WTL)	46,671,218 ▼ -0.11
B.O.Punjab / May 7 The Bank of Punjab(BOP)	32,285,577 ▼ -0.51
Sui South Gas / May 7 Sui Southern Gas Company Limited(SSGC)	25,329,127 ▼ -3.55
K-Electric Ltd. / May 7 K-Electric Limited(KEL)	18,015,254 ▼ -0.21
Pak Int.Bulk / May 7 Pakistan International Bulk Terminal(PIBTL)	16,917,056 ▼ -0.77
Cnergyico PK / May 7 Cnergyico PK Limited(CNERGY)	13,988,758 ▼ -0.54
Fauji Foods Ltd / May 7 Fauji Foods Limited(FFL)	11,950,496 ▼ -0.82
Fauji Cement / May 7 Fauji Cement Company Limited(FCCL)	11,818,820 ▼ -1.52
Maple Leaf Cement / May 7 Maple Leaf Cement Factory Limited(MLCF)	10,479,517 ▼ -2.93
Hascol Petrol / May 7 Hascol Petroleum Limited(HASCOL)	9,825,483 ▼ -0.75

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