News Archives for Print - 2020-10-12

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Print - 2020-10-12

Russia daily cases hit new high

MOSCOW: Russia recorded a fresh record increase in daily coronavirus cases on Sunday, pushing the world’s fourth...

Published 12 Oct, 2020 02:58am

Iran nuclear chief tests positive

TEHRAN: Iran’s nuclear chief Ali Akbar Salehi has tested positive for the novel coronavirus, state media reported...

Published 12 Oct, 2020 02:58am

India coronavirus cases cross 7 million

NEW DELHI: India’s coronavirus cases surged past seven million on Sunday, taking it ever closer to overtaking the...

Published 12 Oct, 2020 02:58am

Exchange

American high school: Pakistani students asked to apply online

ISLAMABAD: The Pakistani students desirous to study in the high schools of United States of America has been asked ...

Updated 12 Oct, 2020 04:05am

White House says new stimulus deal still possible

NEW YORK: A new Covid-19 economic stimulus package proposed by the White House could still be passed despite...

Published 12 Oct, 2020 02:58am

Energy

K-Electric signs MoU with Heritage Foundation

KARACHI: Under its corporate social responsibility programme, K-Electric signed a Memorandum of Understanding (MoU)...

Published 12 Oct, 2020 02:58am

President condemns Maulana Adil’s murder

ISLAMABAD: President Dr Arif Alvi Sunday condemned the assassination of Jamia Farooqia head Maulana Adil and ...

Updated 12 Oct, 2020 04:04am

Maulana Adil laid to rest

KARACHI: Funeral prayers of renowned religious scholar Maulana Adil, who had been assassinated along with his driver...

Updated 12 Oct, 2020 04:05am

PTI regime discrediting country: Bilawal

KARACHI: Pakistan People’s Party (PPP) chairman Bilawal Bhutto-Zardari has said incompetent and selected ...

Updated 12 Oct, 2020 04:03am

Seven killed, 17 injured in accident

VEHARI: At least seven people were killed and 17 others injured in collision between a coaster and tractor trolley...

Published 12 Oct, 2020 02:58am

DHA Bahawalpur: Plot owners given possession

BAHAWALPUR: A possession ceremony was held at DHA Bahawalpur recently. Plot owners of Sector A and B and owners of 9...

Published 12 Oct, 2020 02:58am

Cotton & Textile

Weekly Cotton Report: Increase in demand, rate witnessed

KARACHI: The rate of cotton reached at Rs 9800 per maund which is highest in ten years. Up till now agreements for...

Published 12 Oct, 2020 02:58am

Stocks

Investors sour on baht, trim long bets on emerging Asian units

SINGAPORE: Investors turned bearish on the Thai baht for the first time in two months, highlighting concerns over ...

Published 12 Oct, 2020 02:58am

Stocks

Petrochemicals boost Saudi shares, QNB weighs on Qatar

DUBAI: Most major stock markets in the Gulf ended mixed on Sunday, with gains in petrochemical shares boosting the...

Published 12 Oct, 2020 02:58am

Stocks

Global funds hold even more bonds in a world fraught with risk

BENGALURU: Global funds recommended cutting equity allocations to the lowest since early 2010 and increasing bond...

Published 12 Oct, 2020 02:58am

Stocks

Germany’s DAX 30 mulls adding 10 more firms

FRANKFURT AM MAIN: German stock exchange operator Deutsche Boerse on Monday proposed adding 10 more companies to the...

Published 12 Oct, 2020 02:58am

Stocks

China funds targeting Ant IPO rake in $9bn from over 10m investors

SHANGHAI: Five newly launched Chinese funds targeting Ant Group’s upcoming mega stock listing raised 60 billion...

Published 12 Oct, 2020 02:58am

Stocks

Wall Street week ahead: US earnings improvement expected, but still a weak quarter

NEW YORK: While good business news has been in short supply, investors may take slight comfort in coming weeks from...

Published 12 Oct, 2020 02:58am

5G iPhone expected to star at Apple event

SAN FRANCISCO: Apple is expected on Tuesday to unveil a keenly anticipated iPhone 12 line-up starring models tuned ...

Published 12 Oct, 2020 02:58am

UK tells Germany gaps in EU talks must be closed soon

LONDON: British Prime Minister Boris Johnson told German Chancellor Angela Merkel on Sunday that progress must be...

Published 12 Oct, 2020 02:58am

Modi launches property card scheme to aid rural households

MUMBAI: Indian Prime Minister Narendra Modi launched a property card scheme on Sunday that he vowed would provide...

Published 12 Oct, 2020 02:58am

Iraqi militias agree ‘conditional ceasefire’ to halt US attacks

BAGHDAD: An array of Iran-backed Iraqi militia groups have agreed to suspend rocket attacks on US forces on ...

Published 12 Oct, 2020 02:58am

North Korea displays huge new ICBM at coronavirus-defying parade

North Korea showed off a gigantic new intercontinental ballistic missile Saturday that analysts ...

Published 12 Oct, 2020 02:58am

Turkish Cypriots vote for new leader amid east Med tensions

NICOSIA: Turkish-held northern Cyprus, a breakaway state recognised only by Ankara, voted Sunday for a new leader,...

Published 12 Oct, 2020 02:58am

UK urged to do more to open up tax havens to public scrutiny

LONDON: Recent events in the British Virgin Islands and Cayman Islands are seen by some as an indication that ...

Published 12 Oct, 2020 02:58am

Rates.BR Index

Futures spread declined by 48bps

KARACHI: The futures spread declined by 48bps to 5.16 percent on the last day of outgoing week. Trading activities...

Published 12 Oct, 2020 02:58am

Exchange

Positive trend witnessed

KARACHI: Pakistan Stock Exchange witnessed positive trend during the outgoing week ended on Oct 09, due to buying...

Published 12 Oct, 2020 02:58am

Torkham terminal: No consignment of onion or tomato stuck up

PESHAWAR: Customs authorities have dispelled impression created that 274 consignments of onions imported from...

Updated 12 Oct, 2020 04:02am

‘I am immune’ from Covid-19: Trump

WASHINGTON: US President Donald Trump on Sunday declared himself immune from Covid-19 as he prepares to return to ...

Published 12 Oct, 2020 02:58am

Taliban endorse Trump in US presidential race

WASHINGTON: US President Donald Trump has received an unusual endorsement in the race for the White House, getting...

Published 12 Oct, 2020 02:58am

18 dead in Thailand bus-train collision

CHACHOENGSAO, (Thailand): At least 18 people were killed and more than 40 injured in Thailand Sunday when a freight...

Published 12 Oct, 2020 02:58am

Letters

Challenges facing manufacturing sector

It was only recently that prime minister Imran Khan was fully apprised about the challenges facing manufacturing...

Published 12 Oct, 2020 02:58am

Dacoits loot Rs2.4m from jeweller in broad daylight

PESHAWAR: President of Goldsmith of Anjuman-i-Zagaran, Jalsai district Swabi was deprived of Rs 2.4 million in broad...

Updated 12 Oct, 2020 04:05am

Reimagining 2021

2020 was the most awaited year. 2020 was a year culminating a successful decade of recovery from the 2007 recession....

Published 12 Oct, 2020 02:58am

Exchange

Honeymoon period over?

If surveys are any indication then the ruling Pakistan Tehrik-i-Insaaf’s (PTI) honeymoon period during which...

Published 12 Oct, 2020 02:58am

Commodities

Prices of daily use kitchen items soar up

PESHAWAR: Prices of daily use kitchen items, including live chicken/meat, eggs, vegetable, flour, sugar, fruits,...

Published 12 Oct, 2020 02:58am

Pakistan condemns Indian state terrorism in IIOJK

ISLAMABAD: Pakistan strongly condemns unabated Indian state-terrorism and extra-judicial killings of innocent...

Updated 12 Oct, 2020 04:02am

Pakistan welcomes ceasefire announced by Azerbaijan, Armenia

ISLAMABAD: Pakistan welcomed the humanitarian ceasefire announced by Azerbaijan and Armenia, and hoped that the...

Updated 12 Oct, 2020 04:02am

CM for strengthening, capacity building of PSC

PESHAWAR: KP Chief Minister Mahmood Khan while stressing the need of strengthening and capacity building of Khyber...

Published 12 Oct, 2020 02:58am

Six people returning from Iran kidnapped in Panjgur

PANJGOR: Unidentified men have abducted six pilgrims returning from Iran in Isa Zai area of Balochistan’s Panjgur...

Updated 12 Oct, 2020 04:06am

Six more die of Covid-19 in Sindh

KARACHI: As many as six more patients of Covid-19 died lifting the death toll to 2,551 and 163 new cases emerged ...

Updated 12 Oct, 2020 04:03am

Police break up Belarus opposition protest with water cannon, stun grenades

MINSK: Police deployed water cannon and stun grenades and detained hundreds of demonstrators in Minsk Sunday after...

Published 12 Oct, 2020 02:58am

Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. ((October 5 to ...

Published 12 Oct, 2020 02:58am

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 12 Oct, 2020 02:58am

Currency

YOUR RUPEE LAST MONTH

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last month. (September 1 to...

Published 12 Oct, 2020 02:58am

The Weather

KARACHI: The weather report on Sunday (October 11, 2020) and the forecast for Monday (October 12, 2020)....

Published 12 Oct, 2020 02:58am

AAJ PROGRAM SCHEDULE

Monday, October 12, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE...

Published 12 Oct, 2020 02:58am

Energy

JWD Sugar Mills: Nepra disposes off upfront tariff review petition

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has disposed off upfront tariff review petition of...

Published 12 Oct, 2020 02:58am

Crackdown on profiteers underway in Punjab

LAHORE: To ensure the availability of essential commodities at the prices fixed by the government, a crackdown on...

Published 12 Oct, 2020 02:58am

PTI intensifies contacts at public level

LAHORE: As the opposition parties are gearing up arrangements for their “massive” anti-government rally in...

Published 12 Oct, 2020 02:58am

Zardari shifted to hospital

KARACHI: PPP co-chairperson Asif Ali Zardari was shifted to the hospital after the former president felt ...

Published 12 Oct, 2020 02:58am

Southern Punjab: Roomi, Buzdar discuss promotion of industrial activities

LAHORE: Former Multan Chamber of Commerce and Industries President and newly-elected President of D G Khan Chamber ...

Updated 12 Oct, 2020 05:58pm

Exchange

Heavy shelling and civilian casualties dash hopes for Karabakh ceasefire

STEPANAKERT, (Azerbaijan): Hopes dwindled that a Russian-brokered ceasefire between Armenia and Azerbaijan might ...

Published 12 Oct, 2020 02:58am

‘Five Eyes’ alliance demands ways to access encrypted apps

WASHINGTON: The “Five Eyes” intelligence alliance demanded Sunday that tech companies insert “backdoors” in...

Published 12 Oct, 2020 02:58am

Floods kill 17 in central Vietnam, next storm due soon

HANOI: At least 17 people have been killed by floods in Vietnam’s central provinces in the past week and 13 are...

Published 12 Oct, 2020 02:58am

Anti-Hepatitis drive across Punjab: Ministry, Sarwar Foundation sign MoU

LAHORE: The Ministry of Economic Affairs has signed a MoU with Sarwar Foundation for free Hepatitis drive across...

Published 12 Oct, 2020 02:58am

Currency

Selling power on Peer-to-Peer basis: FEL seeks govt’s nod

ISLAMABAD: M/s Fatima Energy Limited (FEL) has sought government permission to sell its power on Peer-to-Peer (P2P)...

Published 12 Oct, 2020 02:58am

Voter gender gap

EDITORIAL: The trend is encouraging, indeed. According to a press report, for the first time the voter data shows...

Published 12 Oct, 2020 02:58am

IMF programme revival

EDITORIAL: Reports indicate that Pakistani authorities held a video conference with the International Monetary Fund...

Published 12 Oct, 2020 02:58am

Industry

617 new industrial units established in KP since 2014

PESHAWAR: As a result of the provincial government’s industrialization agenda, 617 new industrial units have been...

Published 12 Oct, 2020 02:58am

Money & Banking

World Metal Health Day: 25-30pc world population facing mental health issues: experts

KARACHI: National and international experts on the eve of World Mental Health Day 2020 urged governments of...

Published 12 Oct, 2020 02:58am

Exchange

Al Meezan launches Pakistan’s first Islamic ETF

KARACHI: Al Meezan Investments, Pakistan’s largest & only full-fledged Shariah compliant Asset Management...

Published 12 Oct, 2020 02:58am

Money & Banking

NBP opens Islamic savings centre in Hyderabad

KARACHI: NBP Fund Management Limited (NBP Funds) is proud to announce the inauguration of its new Islamic Savings...

Published 12 Oct, 2020 02:58am

Money & Banking

ABPL partners with Pak Qatar Family Takaful

KARACHI: Al Baraka Pakistan has signed a “Memorandum of Understanding” (MoU) with Pak Qatar Family Takaful in a...

Published 12 Oct, 2020 02:58am

Money & Banking

Asian companies rush to issue dollar bonds ahead of US election

HONG KONG: Asian companies are rushing to tap global debt markets ahead of the US election on Nov. 3 on concerns...

Published 12 Oct, 2020 02:58am

Currency

Iran’s rial falls to new low

DUBAI: The Iranian rial fell to a new low against the US dollar on Sunday as a record daily death toll from COVID-19...

Published 12 Oct, 2020 02:58am

Currency

More trouble ahead for erratic emerging market currencies

BENGALURU/JOHANNESBURG: Volatility in emerging market currencies will not let up in the next six months as US...

Published 12 Oct, 2020 02:58am

ECB’s Lane braces for tougher phase for eurozone economy

FRANKFURT: The eurozone zone economy is entering a tougher phase as a surge in coronavirus cases puts a question ...

Published 12 Oct, 2020 02:58am

Money & Banking

NCB-Samba to merge into Saudi banking heavyweight

RIYADH/DUBAI: Saudi Arabia’s biggest lender National Commercial Bank (NCB) has entered a binding merger agreement...

Published 12 Oct, 2020 02:58am

Police station outside Paris targeted in fireworks attack

PARIS: Around 40 people staged an hour-long fireworks attack against a police station outside Paris early Sunday,...

Published 12 Oct, 2020 02:58am

Selection of NTDC MD: PD facing uproar in ranks of senior engineers

ISLAMABAD: The Power Division is reportedly facing uproar in the ranks of senior engineers in National Transmission...

Published 12 Oct, 2020 02:58am

Celebrities lead TED global call to act on climate crisis

SAN FRANCISCO: With a call to save the planet, Prince William and Pope Francis on Saturday joined activists, ...

Published 12 Oct, 2020 02:58am

Maulana Adil’s murder bid to foment unrest by enemies: COAS

RAWALPINDI: Chief of Army Staff (COAS) General Qamar Javed Bajwa on Sunday expressed grief over the tragic...

Published 12 Oct, 2020 02:58am

Sale of 66.4pc stake to SEP: PC to send 3 options to help remove hurdles in NSC issuance

ISLAMABAD: Privatisation Commission (PC) is set to put forward three options to the Federal Cabinet aimed at ...

Published 12 Oct, 2020 02:58am

Covid-19 positive cases rate goes above 2pc: Umar

ISLAMABAD: Minister for Planning and Development Asad Umar Sunday expressed concerns over rising cases of Covid-19...

Published 12 Oct, 2020 02:58am

Tajik president on course for fifth term

DUSHANBE, (Tajikistan): Counting was underway in Tajikistan Sunday in a presidential election expected to pave the...

Published 12 Oct, 2020 02:58am

PM asks Tiger Force to regularly check eatables’ prices

ISLAMBAD: A day after promising to bring down the prices of essential commodities, Prime Minister Imran Khan asked...

Updated 12 Oct, 2020 05:59pm

No change in foreign exchange rules, clarifies SBP

Currency

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 1	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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