News Archives for Print - 2020-07-30

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Print - 2020-07-30

HAPPY NATIONAL SWISS DAY: Switzerland-Pakistan bilateral relations

TEXT: Switzerland and Pakistan have good, long-standing relations. The two countries have signed a range of economic...

Published 30 Jul, 2020 02:57am

UK researchers trial robots to ease social care burden

EDINBURGH: Pepper's skill set includes making phone calls, identifying missing items in the kitchen and occasional...

Published 30 Jul, 2020 02:57am

EU relocates asylum seekers from Greece, Cyprus

ATHENS: Nearly 100 vulnerable asylum seekers including minors have been relocated from Greece and Cyprus to Germany...

Published 30 Jul, 2020 02:57am

US imposes sanctions on teenage son of Syrian leader Assad

WASHINGTON: The United States on Wednesday slapped sanctions on the son of Syrian President Bashar al-Assad,...

Published 30 Jul, 2020 02:57am

Zimbabwe signs US$3.5bn compensation deal with white farmers

HARARE: Zimbabwe on Wednesday signed a US$3.5 billion compensation agreement with white farmers whose land was ...

Published 30 Jul, 2020 02:57am

TikTok says 'we are not the enemy'

WASHINGTON: TikTok pushed back Wednesday at what it called "maligning attacks" by Facebook as the fast-growing...

Published 30 Jul, 2020 02:57am

Britain names Turkish speaker as new top spy

LONDON: Britain on Wednesday named its former ambassador to Turkey as the new director of the MI6 Secret ...

Published 30 Jul, 2020 02:57am

EU orders 30,000 remdesivir coronavirus treatments

BRUSSELS: The European Commission has ordered 30,000 treatment doses of the antiviral medication remdesivir from US...

Published 30 Jul, 2020 02:57am

India reopens further as virus cases hit 1.5m

NEW DELHI: India will reopen gyms and end a nighttime curfew from August, but cinemas, bars and schools will remain...

Published 30 Jul, 2020 02:57am

3,060 Sindh police personnel test positive for Covid-19

KARACHI: As many as 3060 personnel of Sindh police have so far been tested positive for Covid-19, said the ...

Published 30 Jul, 2020 02:57am

EFP says some govt organizations involved with IPPs

KARACHI: Ismail Suttar, President of Employers Federation of Pakistan (EFP), the Apex Body of Manufacturers of...

Published 30 Jul, 2020 02:57am

Media presented wrong impression of Karachi submergence: ministers

KARACHI: Provincial Ministers Saeed Ghani and Syed Nasir Hussain Shah have said that after the recent rains, the way...

Published 30 Jul, 2020 02:57am

Volunteers to plant 1m saplings: Tree plantation campaign on Tiger Force Day on Aug 9

ISLAMABAD: Special Assistant on Youth Affairs Usman Dar says Tiger Force volunteers will fully participate in tree...

Published 30 Jul, 2020 02:57am

Steps needed for eradication of thalassemia: Ateeq

KARACHI: We are fighting Covid-19 at one front, polio on the other front and the spread of deadly blood disorder...

Published 30 Jul, 2020 02:57am

Dr Asma murder case: SC drops terrorism charges

ISLAMABAD: The Supreme Court Wednesday ordered to drop terrorism charges from the murder case of Dr Asma Rani, a...

Published 30 Jul, 2020 02:57am

PBS drafts NSDS 2020-30 framework

ISLAMABAD: The Pakistan Bureau of Statistics (PBS) has drafted National Strategy for the Development of Statistics...

Published 30 Jul, 2020 02:57am

Buzdar, Shibli discuss matters of mutual interest

LAHORE: Federal Information Minister Shibli Fraz on Wednesday called on Chief Minister Punjab Sardar Usman Buzdar ...

Published 30 Jul, 2020 02:57am

FAPUASA demands removal of HEC chairman, his team

LAHORE: Declaring the higher education sector in serious turmoil, the Federation of All Pakistan Universities...

Published 30 Jul, 2020 02:57am

Umar Akmal's three-year ban reduced to 18 months

LAHORE: The three years ban imposed on cricketer Umar Akmal in a disciplinary case has been reduced to 18 months by...

Updated 30 Jul, 2020 04:38am

Ahmad Awais appointed AG Punjab

LAHORE: The Punjab government has appointed a senior lawyer Ahmad Awais again as advocate general of Punjab. Ahmad...

Published 30 Jul, 2020 02:57am

Only 25 new cases of Covid-19 reported in capital

ISLAMABAD: The number of confirmed Covid-19 cases in the federal capital on Wednesday decreased significantly as ...

Published 30 Jul, 2020 02:57am

3m euros aid to be provided: MoU inked with Germany on return of expats

ISLAMABAD: Pakistan and Germany have signed a Memorandum of Understanding (MoU) to facilitate the return of overseas...

Published 30 Jul, 2020 02:57am

Appointment of chief secretary: Issue should be raised before other constitutional forums: IHC

ISLAMABAD: The Islamabad High Court (IHC) on Wednesday held that the appointment of chief secretary by the federal...

Published 30 Jul, 2020 02:57am

The Weather

KARACHI: The weather report on Wednesday (July 29, 2020) and the forecast for Thursday (July 30, 2020)....

Published 30 Jul, 2020 02:57am

Exchange

Bulls continue momentum on PSX: BRIndex100 registers gains

KARACHI: Bullish trend continued on Pakistan Stock Exchange on Wednesday on the back of healthy buying mainly by...

Published 30 Jul, 2020 02:57am

Letters

Printing money

LETTER: This is apropos a Business Recorder op-ed "Self-sufficiency is the answer" carried by the newspaper...

Published 30 Jul, 2020 02:57am

Fintechs face pressure to grow up as coronavirus casts a chill

ARTICLE: Aritra Chakravarty, founder of London-based online accounts and investments provider Dozens, admits it's a...

Published 30 Jul, 2020 02:57am

Insurers walk tightrope of risky corporate credit

ARTICLE: Normally among the most conservative of investors, insurers facing shrinking returns and big future payouts...

Published 30 Jul, 2020 02:57am

Solution to Karachi's electricity problem

ARTICLE: In the background of severe load-shedding in Karachi recently, NEPRA has moved finally to take some action...

Published 30 Jul, 2020 02:57am

Stocks

Kehar elected PSA president

KARACHI: In line with the memorandum and articles of association of PSX Stockbrokers Association (PSA), annual...

Published 30 Jul, 2020 02:57am

City to Shah Abdul Latif station: Railways rehabilitates 10km track

KARACHI: Consequent upon the directives of the Supreme Court pertaining to the revival of Karachi Circular Railways...

Published 30 Jul, 2020 02:57am

Jubilee Life wins Effie Award in Insurance Category

KARACHI: Jubilee Life Insurance of Pakistan has been awarded the prestigious Effie Award in the Insurance Category ...

Published 30 Jul, 2020 02:57am

Commodities

Government urged to initiate seed breeding programme for major crops

KARACHI: A former chairman of the standing committee on agriculture of the FPCCI and BMP Secretary-General (Federal)...

Published 30 Jul, 2020 02:57am

Senior Indian diplomat summoned over LoC ceasefire violations

ISLAMABAD: Pakistan summoned senior Indian diplomat on Wednesday to register a strong protest over the ceasefire...

Published 30 Jul, 2020 02:57am

ICJ-specific, 5 other ordinances laid before Senate

ISLAMABAD: The federal government laid six presidential ordinances in the Upper House of the Parliament on Wednesday...

Published 30 Jul, 2020 02:57am

Sindh to reopen all shrines after Eid, says minister

SEHWAN: Sindh Minister for Auqaf and Irrigation, Suhail Anwar Siyal, said on Wednesday that all shrines in the...

Published 30 Jul, 2020 02:57am

NA body passes 'Anti-Terrorism (Amendment) Bill, 2020'

ISLAMABAD: The National Assembly Standing Committee on Interior on Wednesday passed the "Anti-Terrorism (Amendment)...

Published 30 Jul, 2020 02:57am

95 percent stranded Pakistanis brought back so far, NA told

ISLAMABAD: Parliamentary Secretary on Foreign Affairs Andleeb Abbas has said that around 95 percent of stranded...

Published 30 Jul, 2020 02:57am

Male and female voters: ECP reviews steps taken to bridge huge gap

ISLAMABAD: The Election Commission of Pakistan (ECP) on Wednesday reviewed the steps taken to bridge the huge gap of...

Published 30 Jul, 2020 02:57am

NAB law: Accountability to be useless if opposition's amendments accepted: Qureshi

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Wednesday said that accountability would be useless, if the...

Published 30 Jul, 2020 02:57am

Mayor urges people to be careful on eve of Eidul Azha

KARACHI: Mayor Karachi Wasim Akhtar on Wednesday said that numbers of Covid-19 patients are decreasing but it has ...

Published 30 Jul, 2020 02:57am

PSP to protest against Sindh govt on August 9

KARACHI: Pak Sarzameen Party (PSP) has announced a massive protest outside the Karachi Press Club (KPC) against the...

Published 30 Jul, 2020 02:57am

Sindh govt released Rs463m for cleaning of watercourses, rain emergency, says Murad

KARACHI: Sindh Chief Minister Syed Murad Ali Shah said that in order to meet rain emergency, he had released Rs463...

Published 30 Jul, 2020 02:57am

Partly Facetious: 'Go Imran Niazi go'

ARTICLE: "So Shahbaz Sharif is on board with the rest of the opposition on go Imran Niazi go!" "Hmmmm..." "What ...

Published 30 Jul, 2020 02:57am

Grains

European wheat prices fall on ample supplies

PARIS: European wheat prices fell on Tuesday as expectations of ample Russian supplies and a strong euro weighed on...

Published 30 Jul, 2020 02:57am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 166,262 tonnes of cargo comprising 107,029 tonnes of import cargo and 59,233 ...

Published 30 Jul, 2020 02:57am

Stocks

Kuwait leads most of Gulf lower; Egypt up

DUBAI: Most bourses in the Gulf ended lower on Wednesday, ahead of Eidul-Azha holidays, with Kuwaiti shares falling...

Published 30 Jul, 2020 02:57am

Stocks

European stocks flat

MILAN: Europe's main stocks benchmark closed nearly flat on Wednesday, as investors waited to hear from the US...

Published 30 Jul, 2020 02:57am

Stocks

Chinese stocks climb

SHANGHAI: China's benchmark index posted the biggest gain in more than a week on Wednesday as investors bought up...

Published 30 Jul, 2020 02:57am

Stocks

Wednesday's early afternoon trade: Upbeat earnings lift stocks

NEW YORK: US stocks rose on Wednesday as a slew of positive earnings updates and hopes for assurances of continued...

Published 30 Jul, 2020 02:57am

Stocks

Wall Street pauses

NEW YORK: Wall Street closed lower on Tuesday as investors fretted about weakening consumer confidence, ...

Published 30 Jul, 2020 02:57am

Stocks

Australian shares give up gains

SYDNEY: Australian shares surrendered early gains to settle lower on Wednesday, as investors exercised caution in ...

Published 30 Jul, 2020 02:57am

Stocks

Nikkei dips

TOKYO: Japanese shares fell to 2-1/2-week closing lows on Wednesday as a stronger yen and dismal earnings reports...

Published 30 Jul, 2020 02:57am

Stocks

FTSE 100 flat ahead of Fed decision; GSK slumps

LONDON: The FTSE 100 ended flat on Wednesday as investors held out for more stimulus from the US Congress and the...

Published 30 Jul, 2020 02:57am

Rates.LME

LME official prices

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

Published 30 Jul, 2020 02:57am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (July 29, 2020). ======================================= Offset...

Published 30 Jul, 2020 02:57am

Kerb

Pakistan Economic Indicators

KARACHI: Pakistan Economic Indicators - Wednesday (July 29, 2020)....

Published 30 Jul, 2020 02:57am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 29, 2020)....

Published 30 Jul, 2020 02:57am

Currency

THE RUPEE: Rupee sheds value

KARACHI: On Wednesday, upon market closing, Pakistan Rupee lost value against the dollar in both interbank and open...

Published 30 Jul, 2020 02:57am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Wednesday (July 29, 2020)....

Published 30 Jul, 2020 02:57am

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 30 Jul, 2020 02:57am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Wednesday (July 29, 2020)....

Published 30 Jul, 2020 02:57am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Wednesday (July 29, 2020)...

Published 30 Jul, 2020 02:57am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 30 Jul, 2020 02:57am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (July 29, 2020). ==================================== BR...

Published 30 Jul, 2020 02:57am

Exchange

BOARD MEETINGS

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

Published 30 Jul, 2020 02:57am

Exchange

Board meetings in progress

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

Published 30 Jul, 2020 02:57am

Exchange

Dividend/Bonus Announcements

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

Published 30 Jul, 2020 02:57am

Exchange

Proposed right issues

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

Published 30 Jul, 2020 02:57am

Exchange

Clearing Schedule for T+2 System

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

Published 30 Jul, 2020 02:57am

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 30 Jul, 2020 02:57am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Wednesday (July 29, 2020). ======================== Offer Price...

Published 30 Jul, 2020 02:57am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (July 29, 2020). ======================== Offer Price...

Published 30 Jul, 2020 02:57am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Wednesday (July 29, 2020). ======================== Offer Price...

Published 30 Jul, 2020 02:57am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Wednesday (July 29, 2020). ======================== Offer Price 1,366.0704...

Published 30 Jul, 2020 02:57am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (July 29, 2020). ======================== Offer Price...

Published 30 Jul, 2020 02:57am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (July 29, 2020). ======================== Offer Price...

Published 30 Jul, 2020 02:57am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Wednesday (July 29, 2020). ======================== Offer Price...

Published 30 Jul, 2020 02:57am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Wednesday (July 29, 2020). ======================== Offer Price...

Published 30 Jul, 2020 02:57am

Rates.EFU

EFU Managed Growth Fund Rates

RECORDER REPORT KARACHI: EFU Managed Growth Fund Rates on Wednesday (July 29, 2020). ======================== ...

Published 30 Jul, 2020 02:57am

Rates.JLI

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Wednesday (July 29, 2020). ======================== Offer ...

Published 30 Jul, 2020 02:57am

Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Wednesday (July 29, 2020). ======================== Offer Price...

Published 30 Jul, 2020 02:57am

Rates.JLI

JLI YAQEEN GROWTH FUND RATES

RECORDER REPORT KARACHI: JLI Yaqeen Growth Fund Rates on Wednesday (July 29, 2020). ======================== Offer...

Published 30 Jul, 2020 02:57am

Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Wednesday (July 29, 2020). ======================== Offer Price 1,157.6556 Bid...

Published 30 Jul, 2020 02:57am

Rates.JLI

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (July 29, 2020). ========================...

Published 30 Jul, 2020 02:57am

Rates.JLI

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (July 29, 2020). ========================...

Published 30 Jul, 2020 02:57am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (July 29, 2020). ========================== KIBOR...

Published 30 Jul, 2020 02:57am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (July 29, 2020)....

Published 30 Jul, 2020 02:57am

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 30 Jul, 2020 02:57am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (July 29, ...

Published 30 Jul, 2020 02:57am

Forex

Currency notes: exchange rates

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

Published 30 Jul, 2020 02:57am

Forex

Exchange rates: buying and selling

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

Published 30 Jul, 2020 02:57am

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 30 Jul, 2020 02:57am

Currency

State Bank of Pakistan conversion rates

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

Published 30 Jul, 2020 02:57am

POL products prices may hike up to Rs9.50

Energy

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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