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 / 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
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

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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