News Archives for Print - 2020-07-18

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Print - 2020-07-18

Gujrat jail riot: Team recommends transfer of 12 death row inmates to other jails

LAHORE: The fact-finding team constituted to probe the riot fallout in district jail Gujrat earlier this month has...

Published 18 Jul, 2020 02:47am

South Asia

Sri Lankan court blocks president's sand mining concessions

COLOMBO: A Sri Lankan court Friday blocked President Gotabaya Rajapaksa's controversial move to relax restrictions ...

Published 18 Jul, 2020 02:47am

Abu Dhabi crown prince targeted by French torture probe

PARIS: French authorities are opening an investigation into accusations of complicity in acts of torture against the...

Published 18 Jul, 2020 02:47am

Europe

Briton arrested after bomb threat on Ryanair flight

OSLO: A British national was arrested on Friday after a Ryanair plane flying from London to Oslo received a bomb...

Updated 18 Jul, 2020 03:07am

Brazil virus outbreak has 'plateaued': WHO

GENEVA: The new coronavirus outbreak in hard-hit Brazil has plateaued, the World Health Organization said Friday,...

Published 18 Jul, 2020 02:47am

China

Burger King apologises over expired food sold in China

BEIJING: Burger King has apologised to customers in China after state media reported that two of the US fast food...

Published 18 Jul, 2020 02:47am

Dexamethasone trial results confirm Covid-19 benefits but also risks

WASHINGTON: The keenly-awaited full results from a UK trial of the steroid dexamethasone were published Friday,...

Published 18 Jul, 2020 02:47am

Exchange

EU leaders hunker down to clinch virus rescue

BRUSSELS: European leaders hunkered down on Friday for two days of tortuous negotiations to thrash out the terms of ...

Published 18 Jul, 2020 02:47am

Currency

US adds Chinese in fentanyl ring to sanctions blacklist

WASHINGTON: The US Treasury named four individuals and one company as important figures in a leading Chinese ...

Published 18 Jul, 2020 02:47am

Beijing says US officials have 'lost their minds' over China

BEIJING: US officials have "lost their minds and gone mad" in their dealings with Beijing, China's foreign ministry...

Updated 18 Jul, 2020 03:19am

Pakistan's first virtual expo on safety & health in August

KARACHI: Pakistan's first Virtual Expo on Safety & Health will take place in August 2020. The pioneering virtual...

Published 18 Jul, 2020 02:47am

MPhil, PhD, MS and MD: KU extends admission forms deadline till July 22

KARACHI: The University of Karachi has extended the last date for submission of admissions forms of MPhil, PhD and ...

Updated 18 Jul, 2020 03:19am

Kamal demands judicial inquiry into LG funds

KARACHI: Pak Sarzameen Party Chairman Syed Mustafa Kamal on Friday lashed out at civic agencies for not cleaning the...

Updated 18 Jul, 2020 03:19am

Covid-19 claims 30 more lives, infects 1,170 others: Murad

KARACHI: Sindh Chief Minister Syed Murad Ali Shah Friday said for the first time 14,027 patients of coronavirus have...

Updated 18 Jul, 2020 03:19am

Contractual hiring on regular posts: SHC issues notices to federal government & others

KARACHI: Sindh High Court (SHC) has issued notices to Federal Government, National Bank of Pakistan (NBP) and others...

Updated 18 Jul, 2020 03:19am

Rain disrupts life: City's drainage system collapses

KARACHI: City's drainage system collapsed after the second downpour of monsoon on Friday afternoon, inundating roads...

Updated 18 Jul, 2020 03:19am

Code of conduct, guidelines: MOFA, NIH launch two sets of documents linked with life scientists

ISLAMABAD: Pakistan on Friday launched the 'Code of Conduct for Life Scientists 2020' and 'National Guidelines for...

Published 18 Jul, 2020 02:47am

Covid-19 cases reach 261,201

ISLAMABAD: Confirmed coronavirus cases in Pakistan have reached 261,201 with 5,505 deaths and 183,754 recoveries,...

Updated 18 Jul, 2020 03:17am

Eidul Azha: Senate body for special SOPs to contain Covid-19 spread

ISLAMABAD: The Senate Standing Committee on Interior on Friday urged the government to prepare special standard...

Updated 18 Jul, 2020 03:17am

Pakistan welcomes UNSC decision

ISLAMABAD: Pakistan on Friday welcomed the designation of Noor Wali Mehsud, the leader of outlawed Tehreek-e-Taliban...

Published 18 Jul, 2020 02:47am

Thatta Water Supply Scheme: Zardari's indictment via video link likely on August 4

ISLAMABAD: The Accountability Court hearing a multi-billion rupees fake bank accounts case on Friday wrote a letter...

Updated 18 Jul, 2020 03:16am

ITeS exports: PSEB to engage commercial counsellors

ISLAMABAD: The Pakistan Software Export Board (PSEB) will engage and utilise the services of commercial counsellors...

Updated 18 Jul, 2020 03:16am

Federal government employees: Government denies reducing retirement age

ISLAMABAD: The federal government in Senate on Friday dismissed as untrue the reports that the retirement age of the...

Updated 18 Jul, 2020 03:16am

The Weather

KARACHI: The weather report on Friday (July 17, 2020) and the forecast for Saturday (July 18, 2020)....

Updated 18 Jul, 2020 03:16am

Exchange

PSX stays bullish: BRIndex100 extends gains

KARACHI: A bullish trend continued at Pakistan Stock Exchange Friday. It closed on a strong positive note with...

Published 18 Jul, 2020 02:47am

Letters

'Debt Relief'

LETTER: This is apropos Business Recorder op-ed "Debt Relief" carried by the newspaper yesterday. The writer, Dr...

Published 18 Jul, 2020 02:47am

Exchange

In green jobs boost, communities get bigger role running national parks

ARTICLE: For 20 years, Khunjerab National Park was a point of tension between Pakistan's government - which...

Published 18 Jul, 2020 02:47am

India's richest man takes on Amazon, Walmart in e-commerce gamble

ARTICLE: Backed by multi-billion-dollar investments from global tech giants, India's richest man is ready to rumble...

Published 18 Jul, 2020 02:47am

Exchange

More sour than sweet

ARTICLE: The good news is that I finally got around to reading the "Report of The Commission of Inquiry constituted...

Published 18 Jul, 2020 02:47am

A 'solution' out of the box

ARTICLE: Presiding over a meeting of the Economic think tank early this week, Prime Minister Imran Khan called for...

Published 18 Jul, 2020 02:47am

Energy

Ogra dysfunctional as chairperson's contract expires

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) is dysfunctional upon the expiry of contract of the...

Updated 18 Jul, 2020 03:12am

Kerb

Workers' remittances to remain high

ARTICLE: The World Bank's estimates that $ 109 billion will be wiped out due to Covid-19, which is almost 1/5th ...

Published 18 Jul, 2020 02:47am

Active Covid-19 cases in capital drop to 19.7 percent

ISLAMABAD: Active cases of coronavirus in the federal capital have dropped to 19.7 percent as out of total 14,454...

Updated 18 Jul, 2020 03:21am

Energy

Oil tankers body defers strike call till July 20

ISLAMABAD: All Pakistan Oil Tankers Owner Association (APOTOA) has deferred its call for strike till July 20th on ...

Updated 18 Jul, 2020 03:12am

NICVD doctors save life of ten-year-old boy

KARACHI: Doctors at the National Institute of Cardiovascular Diseases (NICVD) performed a complicated heart surgery...

Updated 18 Jul, 2020 03:35am

LHC directs Drap to ensure medicines' sale on controlled prices

LAHORE: The Lahore High Court on Friday expressing serious dismay over sale of lifesaving injection "Actemra" in...

Updated 18 Jul, 2020 03:19am

Opposition exhorts government to give due reward to farmers

LAHORE: The opposition benches in Punjab Assembly urged the government to address the problems faced by the farmers...

Published 18 Jul, 2020 02:47am

Cotton & Textile

New York cotton

NEW YORK: The following were the fluctuations observed during the day:...

Published 18 Jul, 2020 02:47am

Grains

Cocoa climbs off lows

LONDON: London cocoa prices rose on Friday, regaining some ground after falling in the previous session to the...

Published 18 Jul, 2020 02:47am

Commodities

Copper prices steady

LONDON: Copper hovered near its highest in two years on Friday, supported by supply disruptions, though souring...

Updated 18 Jul, 2020 03:12am

Energy

Oil prices broadly stable

NEW YORK: Oil prices were broadly stable on Friday in early US trading, as expectations of more economic stimulus...

Updated 18 Jul, 2020 03:12am

Commodities

Gold climbs in Europe

NEW YORK: Gold jumped on Friday, poised for its sixth consecutive weekly gain, as a record-breaking rise in...

Updated 18 Jul, 2020 03:12am

Commodities

PMEX daily trading report

KARACHI: On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,477. The traded value...

Updated 18 Jul, 2020 03:12am

Commodities

Canadian canola futures rise

OTTAWA: ICE Canadian canola futures edged up on Thursday. Canola futures showed modest gains, helped by improvements...

Published 18 Jul, 2020 02:47am

Grains

Euronext wheat falls as US rally fizzles out

PARIS: Euronext wheat fell on Thursday as Chicago futures retreated from a surge the day before, with traders ...

Published 18 Jul, 2020 02:47am

Grains

CBOT soyabean futures higher

CHICAGO: Chicago Board of Trade soyabean futures closed higher on Thursday on increased export demand for US ...

Published 18 Jul, 2020 02:47am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 112,030 tonnes of cargo comprising 80,489 tonnes of import cargo and 31,541 tonnes...

Published 18 Jul, 2020 02:47am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (July 17, 2020)....

Published 18 Jul, 2020 02:47am

Cotton & Textile

Mixed trend witnessed on cotton market

KARACHI: Local cotton market remained stable on Friday. Market sources told that mixed trend was seen in the trading...

Published 18 Jul, 2020 02:47am

Partly Facetious: Lending credence to rumour

ARTICLE: "Did you hear the rumour that Asad Umer is a candidate in the event, OK unlikely, but nonetheless in the...

Published 18 Jul, 2020 02:47am

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 20 Jul, 2020 11:23am

Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (July 17, 2020)....

Published 18 Jul, 2020 02:47am

Exchange

LME official prices

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

Published 18 Jul, 2020 02:47am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Friday (July 17, 2020). ======================================= Offset ...

Published 18 Jul, 2020 02:47am

Commodities

Pakistan Mercantile Exchange - PMEX

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

Published 18 Jul, 2020 02:47am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 17, 2020)....

Published 18 Jul, 2020 02:47am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (July 17, 2020). ======================== Bid Rate Rs...

Published 18 Jul, 2020 02:47am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (July 17, 2020)....

Published 18 Jul, 2020 02:47am

Currency

THE RUPEE: Rupee loses value

KARACHI: On Thursday, On Friday, Pakistan Rupee lost value against USD in both interbank and open markets. It also...

Published 18 Jul, 2020 02:47am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (July 17, 2020)....

Published 18 Jul, 2020 02:47am

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 18 Jul, 2020 02:47am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (July 17, 2020)....

Published 18 Jul, 2020 02:47am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Friday (July 17, 2020)...

Published 18 Jul, 2020 02:47am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 18 Jul, 2020 02:47am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (July 17, 2020). ==================================== BR...

Published 18 Jul, 2020 02:47am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 18 Jul, 2020 02:47am

Exchange

BOARD MEETINGS

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

Published 18 Jul, 2020 02:47am

Exchange

Dividend/Bonus Announcements

KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange....

Published 18 Jul, 2020 02:47am

Exchange

Proposed right issues

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

Published 18 Jul, 2020 02:47am

Exchange

Clearing Schedule for T+2 System

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

Published 18 Jul, 2020 02:47am

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 18 Jul, 2020 02:47am

Rates.JLI

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (July 17, 2020). ======================== Offer Price...

Published 18 Jul, 2020 02:47am

Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (July 17, 2020). ======================== Offer Price ...

Published 18 Jul, 2020 02:47am

Rates.JLI

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (July 17, 2020). ======================== Offer Price 1,408.4493...

Published 18 Jul, 2020 02:47am

Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (July 17, 2020). ======================== Offer Price 1,140.7458 Bid...

Published 18 Jul, 2020 02:47am

Rates.JLI

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (July 17, 2020). ======================== Offer...

Published 18 Jul, 2020 02:47am

Rates.JLI

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (July 17, 2020). ======================== Offer...

Published 18 Jul, 2020 02:47am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (July 17, 2020). ========================== KIBOR...

Published 18 Jul, 2020 02:47am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (July 17, 2020)....

Published 18 Jul, 2020 02:47am

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 18 Jul, 2020 02:47am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (July 17,...

Published 18 Jul, 2020 02:47am

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 18 Jul, 2020 02:47am

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 18 Jul, 2020 02:47am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Friday (July 17, 2020)....

Published 18 Jul, 2020 02:47am

Forex

Currency notes: exchange rates

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

Published 18 Jul, 2020 02:47am

Forex

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (July 17,...

Published 18 Jul, 2020 02:47am

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 18 Jul, 2020 02:47am

Currency

State Bank of Pakistan conversion rates

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

Published 18 Jul, 2020 02:47am

Power tariff adjustment, other matters: IMF links program resumption to 'clear' plan

ISLAMABAD: The International Monetary Fund (IMF) linked the resumption of Extended Fund Facility Programme to ...

Published 18 Jul, 2020 02:47am

Transfers, postings in FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has transferred and posted 12 senior officers of Inland Revenue ...

Published 18 Jul, 2020 02:47am

Wheat flour prices surge to Rs 60 per kg

KARACHI: Wheat flour prices rose sharply by Rs 6 per kilogram in the domestic market on panic buying of wheat ...

Published 18 Jul, 2020 02:47am

Exchange

Wheat import permits issued in compliance with ECC decision

ISLAMABAD: The Ministry of National Food Security and Research (MNFS&R)'s Department of Plant Protection (DPP)...

Published 18 Jul, 2020 02:47am

Essential food items: Provinces directed to remove price disparity

ISLAMABAD: A meeting of the National Price Monitoring Committee (NPMC) directed the relevant authorities and the...

Published 18 Jul, 2020 02:47am

Combined income groups: SPI down 0.01 percent WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended July 16, 2020 registered a decrease of 0.01 ...

Published 18 Jul, 2020 02:47am

FDI grows 88 percent in FY20

KARACHI: Despite Covid-19 pandemic, Pakistan has managed to fetch a healthy Foreign Direct Investment (FDI) during...

Published 18 Jul, 2020 02:47am

Cotton

Electricity dues: Govts owe Rs 194.81 billion, NA told

ISLAMABAD: Federal Minister for Energy Omar Ayub Khan informed the National Assembly on Friday that the total...

Published 18 Jul, 2020 02:47am

Sugar subsidy case sent to NAB 'for conclusion': Shahzad

Exchange

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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