News Archives for Print - 2020-09-01

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Print - 2020-09-01

Russia expels three Slovak diplomats in tit-for-tat move

MOSCOW: Russia said on Monday it was expelling three diplomats from the Slovak embassy in Moscow in a tit-for-tat...

Published 01 Sep, 2020 02:57am

Punjab reports 28 fresh virus cases, 2 deaths

LAHORE: The novel coronavirus pandemic is continuously decreasing in Punjab as only 28 fresh cases were reported...

Updated 01 Sep, 2020 03:29am

AC extends remand of Sharif Group of Companies' CFO

LAHORE: An accountability court on Monday extended the physical remand of Muhammad Usman, chief financial officer of...

Updated 01 Sep, 2020 03:29am

Punjab govt appoints 10 officers in South Punjab secretariat

LAHORE: The Punjab government has appointed 10 officers in the newly-created South Punjab secretariat and the ...

Updated 01 Sep, 2020 03:29am

Punjab govt to present its two-year performance report

LAHORE: The Punjab government will unveil its two-year performance in a ceremony planned on Wednesday (Sep 2). Chief...

Updated 01 Sep, 2020 03:29am

Elahi meets Buzdar

LAHORE: Punjab Assembly Speaker Chaudhry Pervaiz Elahi called on Chief Minister Sardar Usman Buzdar here on Monday...

Updated 01 Sep, 2020 03:29am

VC inspects installation of drips system at SU urban forest

HYDERABAD: SU's VC Prof Dr Fateh Muhammad Burfat has said the idea of establishment of urban forest at SU has been...

Updated 01 Sep, 2020 03:31am

Petition against LG delimitations: SHC seeks replies from PBS, ECP

KARACHI: The Sindh High Court (SHC) on Monday sought replies from the Pakistan Bureau of Statistics (PBS), the...

Updated 01 Sep, 2020 03:30am

UVAS Dairy Beef Project inks CoC with LDDB

LAHORE: The Dairy Beef Project, University of Veterinary and Animal Sciences Lahore, signed a commitment of...

Published 01 Sep, 2020 02:57am

110 whale sharks released in two years: speakers

KARACHI: Speakers on Monday said since the start of WWF-Pakistan's observer programme in 2012, a total of 110 whale...

Published 01 Sep, 2020 02:57am

Mutual Funds

Women-led mutual funds besting male funds

NEW YORK: Female-managed mutual funds have outperformed male funds this year, thanks to greater holdings in hot...

Published 01 Sep, 2020 02:57am

Huawei exits Australia sponsorship deal

SYDNEY: Embattled Chinese telco Huawei exited its main sponsorship deal with rugby league's Canberra Raiders Monday,...

Updated 01 Sep, 2020 03:26am

USA

Amazon gets US approval to fly delivery drones

SAN FRANCISCO: Amazon on Monday said a freshly-issued Federal Aviation Administration certificate has cleared the...

Updated 01 Sep, 2020 03:17am

South Asia

Afghan women negotiators to face hardline Taliban in peace talks

KABUL: Five Afghan women who endured the Taliban's oppressive rule and fought for fragile gains since the militants...

Published 01 Sep, 2020 02:57am

Europe

Czechs summon Chinese envoy over Taiwan row

PRAGUE: The Czech foreign ministry said Monday it had summoned the Chinese envoy to Prague after Beijing threatened...

Published 01 Sep, 2020 02:57am

Europe

Baltic states ban Lukashenko

MINSK: The Baltic states on Monday banned embattled Belarusian President Alexander Lukashenko while he cracked down...

Published 01 Sep, 2020 02:57am

Europe

Terror risks remains 'extremely high' in France: minister

LEVALLOIS-PERRET: The risk of terror attacks in France remains extremely high, the interior minister said on Monday,...

Published 01 Sep, 2020 02:57am

Middle East

Qatar backed 'terrorism and extremism', UAE tells UN court

THE HAGUE: The United Arab Emirates accused Qatar on Monday of backing "terrorism and extremism" as the...

Published 01 Sep, 2020 02:57am

USA

Trump losing military support in election: poll

WASHINGTON: Just 37.4 percent of active personnel in the US military support President Donald Trump's re-election,...

Updated 01 Sep, 2020 03:17am

Africa

Sudan government and rebel groups agree peace deal

JUBA: Sudanese leaders and rebel commanders agreed Monday on a "historic" peace deal, a crucial step towards ending...

Published 01 Sep, 2020 02:57am

Ashura observed with religious solemnity, sanctity

KARACHI: Like other parts of the country, Youm-e-Ashura was observed in Karachi on Monday with due solemnity and...

Updated 01 Sep, 2020 03:26am

Model Customs Quetta recovers betel nuts, pan parag, cigarettes

QUETTA: Model Customs Quetta with the collaboration of FC recovered huge quantity of foreign origin goods i.e. betel...

Updated 01 Sep, 2020 03:26am

Sindh seeks concessions on agricultural loans

KARACHI: The Sindh government has demanded the federal government to announce waiver of agricultural loans and taxes...

Updated 01 Sep, 2020 03:26am

DHA, Clifton residents stage sit-in outside CBC office in Karachi

KARACHI: A large crowd comprising residents of the Defence Housing Authority (DHA) and Clifton staged a sit-in...

Updated 01 Sep, 2020 03:26am

KU awards MPhil, PhD and MS degrees

KARACHI: The Advanced Studies and Research Board, University of Karachi (KU) has awarded 33 MPhil, 29 PhD, and two ...

Updated 01 Sep, 2020 03:26am

Govts have let Karachiites down: business community

KARACHI: Business community has expressed sheer disappointment over poor performance by federal and provincial...

Published 01 Sep, 2020 02:57am

Government releases Rs105.4bn for uplift projects under PSDP

ISLAMABAD: The federal government has released Rs105.4 billion (16.2 percent) for various ongoing and new ...

Updated 01 Sep, 2020 03:19am

PM to visit Karachi soon: Shibli

ISLAMABAD: Federal Minister for Information and Broadcasting Shibli Faraz on Monday said Prime Minister Imran Khan...

Updated 01 Sep, 2020 03:19am

Spillways of Rawal Dam opened as water level increases

ISLAMABAD: The spillways of Rawal Dam were opened on Monday as the water in the reservoir increased after heavy...

Updated 01 Sep, 2020 03:21am

MoU inked: First Madrassa-based business incubation centre to be set up in Lahore

ISLAMABAD: A memorandum of understanding (MoU) has been signed to establish Pakistan's first Madrassa-based business...

Published 01 Sep, 2020 02:57am

Nawaz requests IHC to exempt him from appearing in person

ISLAMABAD: Former prime minister Nawaz Sharif has requested the Islamabad High Court (IHC) to exempt him from...

Updated 01 Sep, 2020 03:19am

Threats of floods: NDMA advises local admins to remain vigilant

ISLAMABAD: The National Disaster Management Authority (NDMA) has advised all local administrations to remain ...

Updated 01 Sep, 2020 03:19am

Covid-19 claims six more lives

ISLAMABAD: The countrywide tally of fatalities from coronavirus has reached 6,294, as six deaths were reported ...

Updated 01 Sep, 2020 03:19am

The Weather

KARACHI: The weather report on Monday (August 31, 2020) and the forecast for Tuesday (September 1, 2020)....

Updated 01 Sep, 2020 03:19am

Administrators: 'Representatives from urban Sindh not consulted'

KARACHI: The Muttahida Qaumi Movement-Pakistan (MQM-P) on Monday said that the Pakistan People's Party (PPP) didn't...

Updated 01 Sep, 2020 03:29am

Exchange

PSX posts nominal gains: BRIndex100 ends flat

KARACHI: Pakistan Stock Exchange Monday closed on a positive note on the back...

Updated 01 Sep, 2020 03:35am

Letters

Oil seed/DAP subsidies

Ameer Abbass Khan and others, District Mianwali LETTER: It is to draw your attention to the issue of pending...

Updated 01 Sep, 2020 03:42am

Exchange

El Al 971 to Abu Dhabi: first Israel-UAE 'commercial flight'

ARTICLE: An Israeli-American delegation was set to take off Monday on the first commercial flight from Tel Aviv to...

Updated 01 Sep, 2020 03:43am

Exchange

No clear-cut export strategy two years later

ARTICLE: The second full year of the PTI Government has come to an end. While the government is lauding its...

Updated 01 Sep, 2020 03:44am

Rising pensions

ARTICLE: Prime Minister Imran Khan has recently made a statement that 'the pension burden is becoming ...

Published 01 Sep, 2020 02:57am

Senate body reviews Maritime Affairs schemes

ISLAMABAD: Senate Standing Committee on Maritime Affairs in its meeting held Monday reviewed all ongoing and new...

Updated 01 Sep, 2020 03:46am

Lahore-Islamabad Motorway: Toll tax rate increased by 10pc

ISLAMABAD: The Frontier Works Organisation (FWO) has increased the toll tax rate for Lahore-Islamabad Motorway (M2)...

Updated 01 Sep, 2020 03:45am

PM to visit Karachi soon: Sarwar

LAHORE: Governor Punjab Chaudhry Mohammad Sarwar said on Monday that all federal organisations are playing their ...

Updated 01 Sep, 2020 03:29am

Stocks

Major Gulf markets decline as financial shares weigh

• Aramco discovers two new oil and gas fields DUBAI: Major stock markets in the Middle East ended lower on ...

Published 01 Sep, 2020 02:57am

Stocks

Japan's shares up

TOKYO: Japanese shares ended higher on Monday, recovering from sharp losses seen in the previous session, as ...

Published 01 Sep, 2020 02:57am

Stocks

European shares down

• British markets closed for a holiday MILAN/FRANKFURT: European shares ended Monday lower, weighed down by weak...

Published 01 Sep, 2020 02:57am

Stocks

China's blue-chip index hits over 5-year high

SHANGHAI: China stocks climbed on Monday, with the blue-chip index hitting a more than five-year high, helped by...

Published 01 Sep, 2020 02:57am

Stocks

Monday's early trade: S&P on track for best August in 36 years

• Tesla, Apple advance as stock split takes effect NEW YORK: The S&P 500 hovered near record highs on Monday...

Published 01 Sep, 2020 02:57am

Stocks

NZ stock exchange trades on despite cyberattacks

WELLINGTON: Cyberattacks continued against the New Zealand stock exchange on Monday but failed to force a closure of...

Published 01 Sep, 2020 02:57am

Stocks

Australian, NZ shares slip

SYDNEY: Australian shares finished lower on Monday as weak sales and wages data, coupled with growing diplomatic...

Published 01 Sep, 2020 02:57am

Stocks

Brazil's real slides, Colombian peso rises

SAO PAULO: The Brazilian real slipped on Monday as data showed the country's finances deteriorated further due to ...

Published 01 Sep, 2020 02:57am

Grains

European wheat prices little changed

PARIS: European wheat prices ended Friday little changed after hitting or equalling new one-month highs every day...

Published 01 Sep, 2020 02:57am

Grains

Canadian canola futures rise

WINNIPEG: ICE Canadian canola futures rose on Friday for a sixth straight session, supported by stronger soyabean...

Published 01 Sep, 2020 02:57am

Grains

CBOT corn futures rise to 7-week high

CHICAGO: Chicago Board of Trade corn futures rose to a seven-week high on Friday, recovering from early weakness on...

Published 01 Sep, 2020 02:57am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 166,213 tonnes of cargo comprising 128,325 tonnes of import cargo and 37,888 ...

Published 01 Sep, 2020 02:57am

Grains

CBOT soyabean futures rise

CHICAGO: Chicago Board of Trade soyabean futures rose on Friday, capping a week that saw the most-active contract...

Published 01 Sep, 2020 02:57am

Grains

Dryness to cut 50pc of wheat yields in Argentina

BUENOS AIRES: Argentina's 2020/21 wheat yields could fall as much as 50% in northern and central parts of the...

Published 01 Sep, 2020 02:57am

Grains

PBHF organises webinar on sustainable rice production

LAHORE: Federal Minister for National Food Security & Research (MNFSR) Syed Fakhar Imam has emphasized upon the...

Published 01 Sep, 2020 02:57am

Exchange

PSX fetes chairman and EC members of PSBA

KARACHI: Pakistan Stock Exchange (PSX) welcomed Chairman Aqeel Karim Dhedhi and the Members of the Executive...

Published 01 Sep, 2020 02:57am

Grains

REAP elections

LAHORE: Polling for the management committee members of the Rice Exporters Association of Pakistan (REAP) for the...

Published 01 Sep, 2020 02:57am

Partly Facetious: Foreign proverbs

ARTICLE: "One disaster after another, pandemic and then urban flooding..." "There is one looming disaster that has...

Published 01 Sep, 2020 02:57am

Rates.BR Index

Futures spread up by 1023bps

KARACHI: The futures spread increased by 1023bps to 15.24 percent on the last day of the outgoing week. Trading...

Published 01 Sep, 2020 02:57am

Exchange

Bullish trend witnessed

KARACHI: Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended on August 28, 2020 on the...

Published 01 Sep, 2020 02:57am

Energy

KE teams restoring electricity

KARACHI: K-Electric field teams and operational staff continue to work round the clock to restore power to those...

Published 01 Sep, 2020 02:57am

Energy

OGRA notifies increase in price of locally-produced LPG

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has notified an increase in the price of locally-produced...

Published 01 Sep, 2020 02:57am

Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (August 31, 2020)....

Published 01 Sep, 2020 02:57am

Exchange

LME official prices

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

Published 01 Sep, 2020 02:57am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (August 31, 2020)...

Published 01 Sep, 2020 02:57am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (August 31, 2020). ======================================= Offset...

Published 01 Sep, 2020 02:57am

Kerb

Pakistan Economic Indicators

KARACHI: Pakistan Economic Indicators - Monday (August 31, 2020)....

Published 01 Sep, 2020 02:57am

Cotton

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 31, 2020)....

Published 01 Sep, 2020 02:57am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (August 31, 2020). ======================== Bid Rate Rs...

Published 01 Sep, 2020 02:57am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (August 31, 2020)....

Published 01 Sep, 2020 02:57am

Currency

THE RUPEE: All-round gains

KARACHI: On Monday, Pakistan Rupee gained value against USD in both interbank and open markets over last Wednesday's...

Published 01 Sep, 2020 02:57am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (August 31, 2020)....

Published 01 Sep, 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 01 Sep, 2020 02:57am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (August 31, 2020)....

Published 01 Sep, 2020 02:57am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Monday (August 31, 2020)...

Published 01 Sep, 2020 02:57am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 01 Sep, 2020 02:57am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (August 31, 2020). ==================================== BR...

Published 01 Sep, 2020 02:57am

Stocks

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

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

Published 01 Sep, 2020 02:57am

Exchange

BOARD MEETINGS

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

Published 01 Sep, 2020 02:57am

Exchange

Dividend/Bonus Announcements

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

Published 01 Sep, 2020 02:57am

Exchange

Proposed right issues

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

Published 01 Sep, 2020 02:57am

Exchange

Clearing Schedule for T+2 System

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

Published 01 Sep, 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 01 Sep, 2020 02:57am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Monday (August 31, 2020). ======================== Offer Price...

Published 01 Sep, 2020 02:57am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Monday (August 31, 2020). ======================== Offer Price...

Published 01 Sep, 2020 02:57am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Monday (August 31, 2020). ======================== Offer Price...

Published 01 Sep, 2020 02:57am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Monday (August 31, 2020). ======================== Offer Price 1,427.7195...

Published 01 Sep, 2020 02:57am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Monday (August 31, 2020). ======================== Offer Price...

Published 01 Sep, 2020 02:57am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Monday (August 31, 2020). ======================== Offer Price...

Published 01 Sep, 2020 02:57am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Monday (August 31, 2020). ======================== Offer Price...

Published 01 Sep, 2020 02:57am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Monday (August 31, 2020). ======================== Offer Price...

Published 01 Sep, 2020 02:57am

Rates.EFU

EFU Managed Growth Fund Rates

RECORDER REPORT KARACHI: EFU Managed Growth Fund Rates on Monday (August 31, 2020). ======================== Offer...

Published 01 Sep, 2020 02:57am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (August 31, 2020). ========================== KIBOR...

Published 01 Sep, 2020 02:57am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (August 31, 2020)....

Published 01 Sep, 2020 02:57am

Forex

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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