News Archives for Print - 2020-09-28

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Print - 2020-09-28

Virus curbs rile Europeans as global deaths near a million

MADRID: New infection control restrictions in Europe stirred anger and frustration on Sunday as around the world the...

Published 28 Sep, 2020 03:07am

Performance of departments: Buzdar constitutes special committees

LAHORE: in order to review the performance of various provincial departments, Chief Minister Punjab Sardar Usman...

Published 28 Sep, 2020 03:07am

JI demands empowered LG, abolition of quota system in Karachi

KARACHI: Jamaat-e-Islami (JI) Chief Senator Sirajul Haq on Sunday said that Karachi has been a story of grave...

Published 28 Sep, 2020 03:07am

Trump demands Biden take drug test before or after Tuesday debate

WASHINGTON: US President Donald Trump demanded Sunday that his Democratic rival Joe Biden take a drug test either...

Published 28 Sep, 2020 03:07am

Macron party braces for new setback in Senate polls

PARIS: President Emmanuel Macron’s centrist party braced on Sunday for a new setback in elections for France’s...

Published 28 Sep, 2020 03:07am

S Africa minister reprimanded for ANC trip on airforce jet

JOHANNESBURG: South Africa’s defence minister has been reprimanded and will lose three months of salary after...

Published 28 Sep, 2020 03:07am

UK Labour heads polls for first time in Johnson’s leadership

LONDON: Britain’s Labour Party on Sunday registered its first polling lead since Boris Johnson became prime...

Published 28 Sep, 2020 03:07am

Police clash with Portland protesters and press; more than 20 arrested

PORTLAND, (Ore.): Police clashed with anti-racism protesters and pushed back members of the press in downtown...

Published 28 Sep, 2020 03:07am

Tens of thousands rally against Belarus president in people’s inauguration’

MINSK: Masked police dragged people into vans and fired stun grenades and tear gas to disperse crowds as tens of...

Published 28 Sep, 2020 03:07am

Final whale saved from grim Australia mass stranding

SYDNEY: A lone whale was rescued from among hundreds of carcasses Sunday, taking to 110 the number of creatures that...

Published 28 Sep, 2020 03:07am

UK Labour heads polls for first time in Johnson’s leadership

LONDON: Britain’s Labour Party on Sunday registered its first polling lead since Boris Johnson became prime...

Published 28 Sep, 2020 03:07am

UK says test result issue on England’s Covid-19 app resolved

LONDON: An issue with England’s Covid-19 smartphone app, launched to curb the spread of the virus, which meant it...

Published 28 Sep, 2020 03:07am

Around 7,000 candidates appear in UET’s entrance test

PESHAWAR: A total of 7,000 candidates appeared from across KP in the entrance test for academic session 2020 of the...

Updated 28 Sep, 2020 03:30am

Stocks

Argentina Inc fears ‘virtual default’ as FX noose tightened

BUENOS AIRES: Argentine companies are facing an increasingly difficult task to keep up with payments on dollar debt,...

Published 28 Sep, 2020 03:07am

Stocks

German bond yields fall, Italian bonds up

AMSTERDAM: Safe-haven German bond yields edged lower on Friday as fears of further coronavirus restrictions weighed...

Published 28 Sep, 2020 03:07am

Stocks

Alibaba fintech arm eyes record IPO with HK-Shanghai listing

HONG KONG: The financial arm of Chinese e-commerce titan Alibaba is planning the biggest IPO in history, raising as...

Published 28 Sep, 2020 03:07am

Stocks

Most major Gulf markets end higher; Dubai index eases

DUBAI: Most major Gulf markets ended higher on Sunday, with petrochemical shares boosting the Saudi index, while...

Published 28 Sep, 2020 03:07am

Stocks

Chinese state investors to take BMW partner Brilliance private

HONG KONG/SHANGHAI: Chinese state-backed investors are considering taking BMW’s main Chinese joint-venture partner...

Published 28 Sep, 2020 03:07am

Stocks

Market volatility prompts investors to seek out long-short equity

LONDON/NEW YORK: Stretched valuations and the resulting pullback in equities have prompted more interest in...

Published 28 Sep, 2020 03:07am

Stocks

Colombian peso slides; strong dollar pressures other Latam FX

SAO PAULO/MEXICO CITY: A strong dollar pressured most Latin American currencies on Friday, with Colombia’s peso...

Published 28 Sep, 2020 03:07am

Stocks

Competition to heat up among US stock exchanges with new entrants

NEW YORK: Three new US stock exchanges are set to launch by the end of September, vying for market share against...

Published 28 Sep, 2020 03:07am

Stocks

Wall Street week ahead: Trump-Biden debate could spark stock volatility

NEW YORK: Some US stocks could face more volatility next week as President Donald Trump and rival Joe Biden face off...

Published 28 Sep, 2020 03:07am

Ex-Audi boss to stand trial for ‘dieselgate’

FRANKFURT AM MAIN: Former Audi boss Rupert Stadler on Wednesday becomes the first to stand trial in Germany over the...

Published 28 Sep, 2020 03:07am

Exchange

Govt can’t afford to be complacent about economy

At a very difficult time, State Bank of Pakistan (SBP) took unprecedented steps to help minimize the impact of...

Published 28 Sep, 2020 03:07am

Macron accuses Lebanon leaders of betrayal over govt failure

PARIS: French President Emmanuel Macron on Sunday accused Lebanon's leaders of betraying their promises over the...

Updated 28 Sep, 2020 04:08am

Rates.BR Index

Futures spread up by 677bps

KARACHI: The futures spread increased by 677 basis points to 11.55 percent during the outgoing week ended on...

Published 28 Sep, 2020 03:07am

Exchange

Bearish sentiments witnessed

KARACHI: Investors’ sentiments remained bearish on Pakistan Stock Exchange (PSX) during the last week ended on...

Published 28 Sep, 2020 03:07am

Letters

Energy sector

“Emerging Crisis in the gas sector”, lead editorial (BR, Sept 11), highlights the criticality of the energy...

Published 28 Sep, 2020 03:07am

OPEC turns 60 at ‘critical moment’ for virus-hit oil

OPEC faces a critical moment in its 60-year history with the coronavirus crushing crude demand and prices, discord...

Published 28 Sep, 2020 03:07am

Just a speech

Speeches change the course of destiny. True. False. May be. These are some reactions on this statement. All of these...

Published 28 Sep, 2020 03:07am

Exchange

Inflation: who is responsible?

Advisor to the Prime Minister on Finance Dr Hafeez Sheikh expressed concern at the rate of inflation, and the...

Published 28 Sep, 2020 03:07am

Pakistan land of peace, beauty and hospitality: president

ISLAMABAD: President Dr Arif Alvi on Sunday said that Pakistan is a land of peace, beauty and hospitable people ...

Published 28 Sep, 2020 03:07am

FIZ sets up medical equipment making zone

ISLAMABAD: Federal Minister for Science and Technology Fawad Chaudhry on Sunday said Faisalabad Industrial Zone has...

Published 28 Sep, 2020 03:07am

India’s controversial farm bills become law despite protests

NEW DELHI”: India’s president on Sunday approved three controversial agricultural bills amid nationwide protests...

Published 28 Sep, 2020 03:07am

Energy

‘Energy sector may take circular debt to Rs4trn by 2025’

KARACHI: Engro Energy Limited CEO Ahsan Zafar Syed estimates that if the DISCO operations are not improved, the...

Published 28 Sep, 2020 03:07am

JUI-F condemns NAB’s actions against its leadership

PESHAWAR: Jamiat Ulema e Islam (JUI-F) Khyber Pakhtunkhwa strongly condemned the arrest of its workers and...

Published 28 Sep, 2020 03:07am

Shallwani initiates cleanliness, planting trees drive

KARACHI: Administrator Karachi Iftikhar Ali Shallwani on Sunday said campaign for cleanliness and planting trees has...

Published 28 Sep, 2020 03:07am

Journalist deprived of Rs0.8m: Police fail to arrest robbers

ISLAMABAD: The city police have failed to arrest armed robbers who snatched Rs 0.8 million from a journalist at...

Published 28 Sep, 2020 03:07am

Cotton & Textile

Weekly Cotton Review: Prices continue to rise due to decline in production

KARACHI: Cotton prices continue to rise due to reports of significant decline in the crop. The rate of cotton ...

Published 28 Sep, 2020 03:07am

Covid-19: Sindh reports 215 new cases

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that six more patients of coronavirus lost their lives...

Published 28 Sep, 2020 03:07am

Killing of Pakistani Hindus in India: Govt urged to take up issue with ICJ

ISLAMABAD: Patron in Chief of Pakistan Hindu Council and Member National Assembly from the ruling party Pakistan...

Updated 28 Sep, 2020 03:29am

AJK PM denounces unprovoked Indian firing at LoC

MIRPUR (AJK): Azad Jammu and Kashmir (AJK) Prime Minister Raja Muhammad Farooq Haider Khan Sunday strongly denounced...

Published 28 Sep, 2020 03:07am

Ziauddin University holds online convocation

KARACHI: Ziauddin University (ZU) conducted its first virtual convocation for the 17th graduating class of 557...

Updated 28 Sep, 2020 03:28am

Army, govt on same page: governor

LAHORE: Governor Punjab Chaudhry Mohammad Sarwar in a meeting with Federal Minister of Science and Technology Fawad...

Published 28 Sep, 2020 03:07am

‘Two-headed beast’: China’s coal addiction erodes climate goals

BEIJING: China’s surprise pledge to slash its carbon footprint to zero by 2060 was met with cautious applause, but...

Published 28 Sep, 2020 03:07am

Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (September 21 to...

Published 28 Sep, 2020 03:07am

Rates.Banks

Returns on Profit and Loss Sharing Investment Bank Accounts (JAN TO JUNE 2020)

KARACHI: Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and ...

Published 28 Sep, 2020 03:07am

The Weather

KARACHI: The weather report on Sunday (September 27, 2020) and the forecast for Monday (September 28, 2020)....

Published 28 Sep, 2020 03:07am

Associate class seats: PIAF-Founders Alliance clean sweeps LCCI elections

LAHORE: The PIAF-Founders Alliance has made another clean sweep by winning all the eight seats of Lahore Chamber of...

Published 28 Sep, 2020 03:07am

PHA partners with Bookme to digitise events through e-ticketing

LAHORE: Bookme Tickets Private Limited (Bookme), a Pakistani e-ticketing platform for transport and entertainment,...

Published 28 Sep, 2020 03:07am

Swiss voters refuse immigration cuts, embrace paternity leave

GENEVA: Swiss voters on Sunday rejected a bid to slash immigration from the EU, leaving free movement in the heart ...

Published 28 Sep, 2020 03:07am

Voters OK minimum wage for Geneva as wealth gap widens

GENEVA: Geneva voters on Sunday came out in support of introducing a minimum wage, guaranteeing every worker in one...

Published 28 Sep, 2020 03:07am

Exchange

Yemen warring sides agree to swap over 1,000 prisoners

DUBAI: The warring sides in Yemen's long conflict have agreed to exchange 1,081 prisoners, the United Nations...

Published 28 Sep, 2020 03:07am

Industry

Daimler investors push for independent chairman as Zetsche bows out

FRANKFURT: Investors welcomed former Daimler chief executive Dieter Zetsche’s decision to forego his role as...

Published 28 Sep, 2020 03:07am

Iran Guards unveil new naval ballistic missile

TEHRAN: Iran's Revolutionary Guards on Sunday unveiled a new naval ballistic missile with a potential range of over...

Published 28 Sep, 2020 03:07am

N Korea warns of naval tensions during search for slain S Korean

SEOUL: North Korea said on Sunday it is searching for the body a South Korean official killed by its troops, but...

Published 28 Sep, 2020 03:07am

KCR revival project on fast track: Rashid

KARACHI: Federal Minister for Railways Sheikh Rashid Ahmad on Sunday said the KCR revival project was on fast track...

Published 28 Sep, 2020 03:07am

Chinese coal mine: 16 dead from carbon monoxide poisoning

BEIJING: Sixteen workers died and one is in a critical condition after being trapped underground in a coal mine in...

Published 28 Sep, 2020 03:07am

Talal leaves hospital without giving statement

LAHORE: A fact-finding committee headed by a senior police officer Abdul Khaliq visited National Hospital in Lahore...

Published 28 Sep, 2020 03:07am

Stolen wealth and tax havens

EDITORIAL: The prime minister’s demand that rich countries in general and tax havens in particular immediately...

Published 28 Sep, 2020 03:07am

Economic outreach apex committee

EDITORIAL: Prime Minister Imran Khan has decided to constitute an economic outreach apex committee under the...

Published 28 Sep, 2020 03:07am

‘Punjab being transformed into hub of trade, economic activities’

FAISALABAD: Punjab Minister for Commerce & Industries Mian Aslam Iqbal has said that government is transforming...

Published 28 Sep, 2020 03:07am

Currency

Canadian dollar sees biggest weekly drop in 5 months

TORONTO: The Canadian dollar weakened to a seven-week low against its US counterpart on Friday as rising economic ...

Published 28 Sep, 2020 03:07am

Money & Banking

Dollar net short bets rise

NEW YORK: US dollar net shorts increased in the week ended Sept. 22 after falling for the previous three straight...

Published 28 Sep, 2020 03:07am

Money & Banking

Volatile rouble sinks past 78 against dollar

MOSCOW: The Russian rouble reversed course and sank to a near six-month low against the dollar on Friday, crossing...

Published 28 Sep, 2020 03:07am

Industry

DIY a bright spot for consumer spending

PARIS: Many retailers have been caught off-guard by coronavirus restrictions and shifting consumer habits, but DIY...

Published 28 Sep, 2020 03:07am

Industry

European airlines cutting fares to woo back passengers

PARIS: With the coronavirus crisis putting a chill on travel, European airlines are reducing fares to attract...

Published 28 Sep, 2020 03:07am

Bahrain’s economy shrinks

DUBAI: Bahrain’s economy contracted by 8.9% year on year in the second quarter, government data showed on Sunday,...

Published 28 Sep, 2020 03:07am

Commodities

Australia trims resources revenue outlook on weaker coal, LNG exports

MELBOURNE: Australia has pared its forecasts for mining and energy export revenue this year, as liquefied natural ...

Published 28 Sep, 2020 03:07am

AAJ PROGRAM SCHEDULE

Monday, September 28, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE...

Published 28 Sep, 2020 03:07am

PM optimistic about tourism prospects

ISLAMABAD: Prime Minister Imran Khan on Sunday said that his government has explored several new destinations in...

Published 28 Sep, 2020 03:07am

Taliban say it has largely reduced operations

KABUL: The Taliban said on Sunday it has largely reduced its operations across Afghanistan since the Doha agreement...

Published 28 Sep, 2020 03:07am

Exchange

Dr Abdullah due today

ISLAMABAD: The High Council for National Reconciliation (HCNR) of Afghanistan chairman Dr Abdullah Abdullah is...

Published 28 Sep, 2020 03:07am

Hasty withdrawal from Afghanistan will be unwise: PM

Exchange

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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