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

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

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

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

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

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

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

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

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

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

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

‘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

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

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

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

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

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

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

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

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

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

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

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 week

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

Published 12 Oct, 2020 02:58am

SNGPL refuses to sell RLNG to consumers sans mechanism

ISLAMABAD: Sui Northern Gas Company Limited (SNGPL) has reportedly refused to sell RLNG to domestic and commercial...

Published 12 Oct, 2020 02:58am

CNG stations will continue to get indigenous gas: SAPM

ISLAMABAD: Special Assistant to Prime Minister on Petroleum and Natural Resources, Nadeem Babar has said that the...

Published 12 Oct, 2020 02:58am

China calls for new Middle East forum

BEIJING: China's foreign minister Wang Yi has called for a new forum to defuse tensions in the Middle East after a...

Published 12 Oct, 2020 02:58am

Currency

No change in foreign exchange rules, clarifies SBP

KARACHI: The State Bank of Pakistan (SBP) said on Sunday that there is no change in State Bank’s existing...

Updated 12 Oct, 2020 05:59pm

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

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

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

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

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

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

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

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

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

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

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

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
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

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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