News Archives for Print - 2020-09-05

<<>>

Print - 2020-09-05

Asia

Second survivor found as typhoon nears Japan ship site

TOKYO: Japanese authorities racing to find dozens of missing sailors from a cargo ship that sank in a typhoon found ...

Published 05 Sep, 2020 02:50am

USA

US vote-by-mail begins as White House campaign gets ugly

WASHINGTON: The US election is officially open: North Carolina on Friday launched vote-by-mail operations for the...

Published 05 Sep, 2020 02:50am

Serbia, Kosovo sign economic pact at White House

WASHINGTON: Former foes Kosovo and Serbia have agreed on a historic pact to normalize economic relations, US...

Published 05 Sep, 2020 02:50am

South Asia

Crewman killed as oil tanker fire rages for second day off Sri Lanka coast

COLOMBO: A Panamanian-registered oil tanker burned out of control for a second day off Sri Lanka on Friday as...

Published 05 Sep, 2020 02:50am

Greece, Turkey spar again after NATO mediation move

ATHENS: Turkey on Friday accused Greece of shunning dialogue and lying after Greek Prime Minister Kyriakos ...

Published 05 Sep, 2020 02:50am

IAEA inspectors gain access to one of two Iran sites

VIENNA: The UN's nuclear watchdog said Friday that Iran had granted its inspectors access to one of two sites where...

Published 05 Sep, 2020 02:50am

PCB announces 2020-21 domestic cricket schedule

LAHORE: Providing maximum opportunities for the best domestic performers to display their talent and stake their...

Published 05 Sep, 2020 02:50am

PCB accepts Iqbal Qasim's resignation

LAHORE: Pakistan Cricket Board has accepted Iqbal Qasim's resignation as Chairman of the PCB Cricket Committee and...

Published 05 Sep, 2020 02:50am

Visa validity of foreign nationals extended

ISLAMABAD: The federal government has extended the visa validity of foreign nationals residing in Pakistan till...

Published 05 Sep, 2020 02:50am

Widespread rain hits most parts of country

ISLAMABAD: Widespread rain hit most parts of the country on Friday as the death toll during the monsoon 2020 reached...

Published 05 Sep, 2020 02:50am

Industry

Imarat Group wins ICCI Achievement Award

ISLAMABAD: Islamabad Chambers of Commerce & Industry held its 3rd ICCI Achievement Awards, on 3rd September 2020...

Updated 05 Sep, 2020 03:12am

Covid-19: New 498 patients test positive nationwide

ISLAMABAD: The countrywide fatalities from Covid-19 have reached 6,335, after seven more deaths were reported during...

Published 05 Sep, 2020 02:50am

Najibullah Alikhil made Afghan ambassador to Pakistan

ISLAMABAD: The Afghan government has appointed Najibullah Alikhil - a career diplomat - as its new ambassador to...

Published 05 Sep, 2020 02:50am

Lawmakers angry over minister, secretary's absence

ISLAMABAD: Senate Standing Committee on Devolution on Friday expressed annoyance over the absence of Federal ...

Published 05 Sep, 2020 02:50am

Decision to reopen educational institutes on Monday: minister

ISLAMABAD: Federal Minister for Education Shafqat Mahmood on Friday said that the final decision regarding the...

Published 05 Sep, 2020 02:50am

The Weather

KARACHI: The weather report on Friday (September 4, 2020) and the forecast for Saturday (September 5, 2020)....

Published 05 Sep, 2020 02:50am

'Greater Thar' to be declared as national park

HYDERABAD: Federal Government on Friday announced they would declare "Greater Thar" as a national park in...

Updated 05 Sep, 2020 03:19am

Long-term power capacity plan fails: study

KARACHI: Pakistan's new long-term power capacity plan fails to live up to the government's stated principles of...

Updated 05 Sep, 2020 03:19am

Industry

Increase in KE tariff: Govt urged to withdraw ECC decision

KARACHI: President of SITE Association of Industry Suleman Chawla has demanded the government to immediately ...

Published 05 Sep, 2020 02:50am

Exchange

PSX down 165.11 points: BRIndex100 sheds 19.26 points

KARACHI: After witnessing a mixed trend, Pakistan Stock Exchange Friday closed on a negative note as investors opted...

Published 05 Sep, 2020 02:50am

Corrigendum

ARTICLE: This is apropos a Business Recorder op-ed "Constitutionalism in Islam" carried by the newspaper on Thursday...

Published 05 Sep, 2020 02:50am

Exchange

The Afghan conflict

LETTER: That peace in war-torn Afghanistan is in sight there is still doubt about it because of the variety of...

Updated 05 Sep, 2020 03:18am

London businesses count cost as workers avoid office

ARTICLE: Nestled between central London's rows of office blocks, eateries once packed with customers grabbing lunch...

Published 05 Sep, 2020 02:50am

2016 all over again? Investors ready for big market moves as US election nears

ARTICLE: Market volatility is back - and investors expect more wild swings in the coming weeks and months as the ...

Published 05 Sep, 2020 02:50am

'Make in Pakistan'

ARTICLE: Regular followers, whom I hope and pray number in the millions, will recall that this column has always...

Published 05 Sep, 2020 02:50am

Country needs FDI

ARTICLE: The Board of Investment (BoI) last week rolled out an investment promotion strategy for the next three...

Published 05 Sep, 2020 02:50am

PIMS, other hospitals headed against recruitment rules

ISLAMABAD: Contrary to the Pakistan Tehreek-e-Insaf-led government's claim of improving the country's health system,...

Updated 05 Sep, 2020 03:26am

Senate panel considers public petition regarding gas supply

ISLAMABAD: The Senate Standing Committee on Petroleum considered a public petition submitted by the women of Juman...

Updated 05 Sep, 2020 03:20am

South Punjab Secretariat to become operational on October 15

ISLAMABAD: The South Punjab Secretariat will formally become operational on October 15, as decided by a meeting...

Updated 05 Sep, 2020 03:26am

Energy

Independence recommended: Nepra says Discos' setup unable to deliver

ISLAMABAD: While hurling accusations of data fudging on Distribution Companies (Discos), the National Electric Power...

Published 05 Sep, 2020 02:50am

Energy

Oil falls 3 percent, heads for weekly drop on demand concerns

NEW YORK: Oil prices fell more than 3% on Friday, headed for their biggest weekly decline since June as concern...

Published 05 Sep, 2020 02:50am

Energy

US natural gas futures rise on warmer weather

NEW YORK: US natural gas futures rose on Thursday as the weather forecasts turned slightly warmer, and as a federal...

Published 05 Sep, 2020 02:50am

Grains

Euronext wheat pauses after 7-week high

PARIS: Euronext wheat ended little changed on Thursday, consolidating below an earlier seven-week high as a rally in...

Published 05 Sep, 2020 02:50am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 149,066 tonnes of cargo comprising 98,527 tonnes of import cargo and 50,539 tonnes...

Published 05 Sep, 2020 02:50am

Energy

European gasoline margins rise

LONDON: Northwest European gasoline refining margins rose to around $7.895 a barrel on Thursday, among the highest...

Published 05 Sep, 2020 02:50am

PTI govt taking solid steps to fulfil promises: Buzdar

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has said that the PTI government has started taking solid steps to...

Updated 05 Sep, 2020 03:20am

Energy

Irrational energy mix, poor collection lead to high circular debt

LAHORE: Bulk share of thermal generation in the energy mix, poor revenue collection by the distribution companies ...

Published 05 Sep, 2020 02:50am

Four hurt in Quetta blast

QUETTA: At least four people got injured in a blast on Quetta's Sariab Road on Friday. According to police, some...

Updated 05 Sep, 2020 03:20am

Industry

Rebuilding Karachi infrastructure: Task be outsourced to NDMA, FWO, reiterates Teli

KARACHI: Businessmen Group (BMG) chairman and Former president of Karachi Chamber of Commerce & Industry (KCCI)...

Published 05 Sep, 2020 02:50am

SU VC rejects ACE investigation report

HYDERABAD: SU Vice Chancellor Prof. Dr. Fateh Muhammad Burfat, nullifying all charges against him, has termed ACE...

Updated 05 Sep, 2020 03:26am

Karachi needs its due monetary share: PSP chairman

KARACHI: Pak Sarzameen Party Chairman Syed Mustafa Kamal on Friday said that Karachi is the economic hub of Pakistan...

Updated 05 Sep, 2020 03:21am

Energy

12 wind power projects may be started by end of year: minister

KARACHI: As many as 12 wind power projects with a cumulative capacity of 650 megawatts (MW) of electricity in Sindh...

Published 05 Sep, 2020 02:50am

Encroachment along Gujjar Nullah: SHC turns down plea to halt operation clean-up

KARACHI: Sindh High Court (SHC) Friday turned down a plea to halt the ongoing operation to remove the encroachment...

Published 05 Sep, 2020 02:50am

Salaries through cheques: Punjab govt working on legislation, says minister

LAHORE: Punjab minister for Labour and Human Resource Ansar Majeed Khan Niazi said on Friday that the government is...

Published 05 Sep, 2020 02:50am

Exchange

LME official prices

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

Published 05 Sep, 2020 02:50am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 4, 2020)....

Published 05 Sep, 2020 02:50am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (September 4, 2020). ======================== Bid Rate...

Published 05 Sep, 2020 02:50am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (September 4, 2020)....

Published 05 Sep, 2020 02:50am

Currency

THE RUPEE: Strengthens against USD

KARACHI: On Friday, Pakistan Rupee gained value against USD in both interbank and open markets while losing value...

Published 05 Sep, 2020 02:50am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (September 4, 2020)....

Published 05 Sep, 2020 02:50am

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 05 Sep, 2020 02:50am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (September 4, 2020)....

Published 05 Sep, 2020 02:50am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Friday (September 4, 2020)...

Published 05 Sep, 2020 02:50am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (September 4, 2020). ==================================== BR...

Published 05 Sep, 2020 02:50am

Exchange

BOARD MEETINGS

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

Published 05 Sep, 2020 02:50am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 05 Sep, 2020 02:50am

Exchange

Proposed right issues

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

Published 05 Sep, 2020 02:50am

Exchange

Clearing Schedule for T+2 System

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

Published 05 Sep, 2020 02:50am

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 05 Sep, 2020 02:50am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (September 4, 2020). ======================== Offer Price...

Published 05 Sep, 2020 02:50am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (September 4, 2020). ======================== Offer Price...

Published 05 Sep, 2020 02:50am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (September 4, 2020). ======================== Offer Price...

Published 05 Sep, 2020 02:50am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (September 4, 2020). ======================== Offer Price 1,451.1776...

Published 05 Sep, 2020 02:50am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (September 4, 2020). ======================== Offer Price...

Published 05 Sep, 2020 02:50am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (September 4, 2020). ======================== Offer Price...

Published 05 Sep, 2020 02:50am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (September 4, 2020). ======================== Offer Price...

Published 05 Sep, 2020 02:50am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (September 4, 2020). ======================== Offer Price...

Published 05 Sep, 2020 02:50am

Rates.EFU

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (September 4, 2020). ======================== Offer Price...

Published 05 Sep, 2020 02:50am

Rates.JLI

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (September 4, 2020). ======================== Offer ...

Published 05 Sep, 2020 02:50am

Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (September 4, 2020). ======================== Offer Price...

Published 05 Sep, 2020 02:50am

Rates.JLI

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (September 4, 2020). ======================== Offer Price...

Published 05 Sep, 2020 02:50am

Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Friday (September 4, 2020). ======================== Offer Price 1,189.0413 Bid...

Published 05 Sep, 2020 02:50am

Rates.JLI

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (September 4, 2020). ========================...

Published 05 Sep, 2020 02:50am

Rates.JLI

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (September 4, 2020). ========================...

Published 05 Sep, 2020 02:50am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (September 4, 2020). ========================== KIBOR...

Published 05 Sep, 2020 02:50am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (September 4, 2020)....

Published 05 Sep, 2020 02:50am

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 05 Sep, 2020 02:50am

Forex

Open market rates of foreign currencies

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

Published 05 Sep, 2020 02:50am

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 05 Sep, 2020 02:50am

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 05 Sep, 2020 02:50am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Friday (September 4, ...

Published 05 Sep, 2020 02:50am

Forex

Currency notes: exchange rates

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

Published 05 Sep, 2020 02:50am

Forex

Exchange rates: buying and selling

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

Published 05 Sep, 2020 02:50am

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 05 Sep, 2020 02:50am

Currency

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 31	278.65
USD PKR Interbank Buying / Dec 31	278.45
USD to Japanese Yen / Dec 31	156.20
USD to Swiss Franc / Dec 31	0.90
Pound Sterling to USD / Dec 31	1.26
Euro to USD / Dec 31	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14
India Sensex / Dec 31	78,017.14
Hang Seng / Dec 31	20,059.95
FTSE 100 / Dec 31	8,125.32

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Petrol/Litre / Dec 31	252.10
Crude Oil USD/Barrel / Dec 31	71.59
Gold Spot USD/Ounce / Dec 31	2,605.88
Diesel/Litre / Dec 31	255.38

Gainers
Losers
Leaders

Stock	Price
Hira Textile / Dec 31 Hira Textile Mills Limited(HIRAT)	3.75 ▲ 0.45 (13.64%)
Pace (Pak) Ltd. / Dec 31 Pace (Pakistan) Limited(PACE)	8.33 ▲ 1.00 (13.64%)
Tariq Corp.Pref. / Dec 31 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.88 ▲ 0.88 (12.57%)
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	9.38 ▲ 1.00 (11.93%)
Gulshan Sp. / Dec 31 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.47 (11.75%)
Sec. Inv. Bank / Dec 31 Security Investment Bank Limited(SIBL)	9.99 ▲ 1.00 (11.12%)
LSE Financial Serv. / Dec 31 LSE Financial Services Limited(LSEFSL)	15.70 ▲ 1.43 (10.02%)
Sindh Abadgar / Dec 31 Sindh Abadgar's Sugar Mills Limited(SASML)	39.33 ▲ 3.58 (10.01%)
Ali Asghar / Dec 31 Ali Asghar Textile Mills Limited(AATM)	65.45 ▲ 5.95 (10.00%)

Stock	Price
First Capital Equities / Dec 31 First Capital Equities Limited(FCEL)	5.12 ▼ -0.98 (-16.07%)
Pak Agro Pack. (GEM) / Dec 31 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.60 ▼ -0.90 (-10.59%)
Nimir Resins / Dec 31 Nimir Resins Limited(NRSL)	30.76 ▼ -3.42 (-10.01%)
Frontier Ceram / Dec 31 Frontier Ceramics Limited(FRCL)	42.91 ▼ -4.77 (-10.00%)
Fateh Sports / Dec 31 Fateh Sports Wear Limited(FSWL)	78.50 ▼ -8.72 (-10.00%)
Khairpur Sug. / Dec 31 Khairpur Sugar Mills Limited(KPUS)	203.81 ▼ -22.65 (-10.00%)
Noon Sugar / Dec 31 Noon Sugar Mills Limited(NONS)	81.31 ▼ -9.03 (-10.00%)
Shahmurad Sugar / Dec 31 Shahmurad Sugar Mills Limited(SHSML)	425.82 ▼ -47.31 (-10.00%)
Gammon Pak / Dec 31 Gammon Pakistan Limited(GAMON)	45.59 ▼ -5.06 (-9.99%)

Stock	Volume
Cnergyico PK / Dec 31 Cnergyico PK Limited(CNERGY)	212,308,919 ▲ 0.42
WorldCall Telecom / Dec 31 Worldcall Telecom Limited(WTL)	111,551,930 ▼ -0.05
B.O.Punjab / Dec 31 The Bank of Punjab(BOP)	84,182,656 ▲ 0.28
Pace (Pak) Ltd. / Dec 31 Pace (Pakistan) Limited(PACE)	66,177,767 ▲ 1.00
Fauji Foods Ltd / Dec 31 Fauji Foods Limited(FFL)	55,597,038 ▲ 0.69
Pak Refinery / Dec 31 Pakistan Refinery Limited(PRL)	50,017,805 ▲ 3.54
Silk Bank Ltd / Dec 31 Silkbank Limited(SILK)	48,777,302 ▼ -0.02
K-Electric Ltd. / Dec 31 K-Electric Limited(KEL)	45,320,218 ▲ 0.24
Pak Elektron / Dec 31 Pak Elektron Limited(PAEL)	36,348,761 ▼ -0.91

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular