News Archives for Print - 2020-11-02

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Print - 2020-11-02

Algeria votes on constitution

ALGIERS: Algerians voted Sunday on a revised constitution the regime hopes will neutralise a protest movement which...

Published 02 Nov, 2020 02:52am

Sudan, Egypt and Ethiopia restart Nile mega-dam talks

KHARTOUM: Sudan, Egypt and Ethiopia kicked off Sunday the latest round of talks over Addis Ababa's controversial dam...

Published 02 Nov, 2020 02:52am

Netherlands puts KLM bailout on hold after pilots reject wage freeze

THE HAGUE: The Dutch government on Saturday put on hold its plan to bail out KLM, the Dutch arm of Air France-KLM,...

Published 02 Nov, 2020 02:52am

UAE cuts spending in 2021 federal budget

DUBAI: The cabinet of the United Arab Emirates approved a smaller federal budget for 2021 in a sign that the country...

Published 02 Nov, 2020 02:52am

White House and US’s top virus doctor clash ahead of election

NEW YORK: One of America's top government scientists, Anthony Fauci, has issued an urgent plea for a change in US...

Published 02 Nov, 2020 02:52am

New coronavirus curbs spark exasperation, anger

MADRID: Anger and exasperation over new coronavirus curbs grew Sunday as European nations wound back the clocks to...

Published 02 Nov, 2020 02:52am

At least 10 dead as Typhoon Goni batters Philippines

MANILA: At least 10 people were killed as Typhoon Goni pounded the Philippines Sunday, ripping off roofs, toppling...

Published 02 Nov, 2020 02:52am

Thousands demand new vote in Georgia

TBILISI: Thousands of opposition supporters took to the streets of Georgia's capital Tbilisi on Sunday to demand ...

Published 02 Nov, 2020 02:52am

Moldova elects president amid Russia-West tug of war

CHISINAU: Voters in ex-Soviet Moldova went to the polls on Sunday to elect a president under the watchful eye of...

Published 02 Nov, 2020 02:52am

Turkey extends disputed east Med research mission again

ISTANBUL: Turkey on Sunday extended once again a research mission in contested waters of the east Mediterranean,...

Published 02 Nov, 2020 02:52am

Frankfurt police say attacked by 800-strong crowd

FRANKFURT AM MAIN: Police in Frankfurt said Sunday they came under attack overnight, with up to 800 people massing...

Published 02 Nov, 2020 02:52am

China starts once-a-decade census of world’s largest population

SHANGHAI: Millions of census-takers began knocking on doors across China on Sunday for a once-a-decade head count of...

Published 02 Nov, 2020 02:52am

Azerbaijan says no reason for Russia to intervene over Karabakh

BAKU: Azerbaijani President Ilham Aliyev said Sunday there was no reason for Russia to intervene in the conflict ...

Published 02 Nov, 2020 02:52am

Salim Saifullah grieved

PESHAWAR: Salim Saifullah Khan, Honorary Consul General of Turkey for Khyber Pakhtunkhwa express heartfelt...

Published 02 Nov, 2020 02:52am

Adil for rapid fire fighting system to stem losses

LAHORE: Sheikhupura Chamber of Commerce and Industry President Adil Mehmood called for a rapid fire fighting...

Published 02 Nov, 2020 02:52am

Remarks against Army Qadir Baloch announces to quit PML-N

QUETTA: Pakistan Muslim League-Nawaz (PML-N) Balochistan chief Abdul Qadir Baloch on Sunday announce to part ways...

Published 02 Nov, 2020 02:52am

Rates.BR Index

Futures spread increased by 206bps

KARACHI: The futures spread increased by 206bps to 11.21 percent on the last day of the outgoing week. Trading...

Published 02 Nov, 2020 02:52am

Exchange

PSX sees decline: BRIndex100 drops 166.39 points

KARACHI: Pakistan Stock Exchange witnessed declining trend during the outgoing week ended on Oct 29, due to heavy...

Published 02 Nov, 2020 02:52am

Kashmiri freedom fighter martyred

OCCUPIED SRINAGAR: Indian government forces martyred the leader of occupied Kashmir's largest group on Sunday,...

Updated 02 Nov, 2020 03:12am

Swordsman in medieval clothing kills two in Quebec rampage

MONTREAL: A swordsman dressed in medieval clothing killed two people and wounded five others in a Halloween rampage...

Updated 02 Nov, 2020 03:12am

Health insurance cover: PM congratulates KP govt

ISLAMABAD: Prime Minister Imran Khan on Sunday congratulated Khyber Pakhtunkwa government for “giving health...

Updated 02 Nov, 2020 03:12am

17 more die of Covid-19 across country

ISLAMABAD: Coronavirus pandemic claimed the lives of 17 more persons in Pakistan (till Sunday evening) with the ...

Updated 02 Nov, 2020 03:12am

Saleem Asmi

Apropos a Business Recorder news item “Human rights activist, ex-editor Dawn Asmi dies” carried by the newspaper...

Published 02 Nov, 2020 02:52am

Indian doctor duped into buying ‘Aladdin’s lamp’ after genie show

NEW DELHI: Two men who allegedly duped a doctor into buying an "Aladdin's lamp" for $93,000 -- and even conjured up ...

Updated 02 Nov, 2020 03:16am

3rd phase of Umrah begins

ISLAMABAD: Saudi Arabia's Ministry of Hajj and Umrah, in cooperation with the concerned authorities, has begun...

Updated 02 Nov, 2020 03:19am

Campaigning at frenetic pace, Trump tries to rally two days before election

WASHINGTON: Two days before Election Day, President Donald Trump on Sunday launched a campaign sprint across US...

Updated 02 Nov, 2020 03:19am

Karachi package: Construction of Korangi road, nullah to be carried out: Shallwani

KARACHI: Administrator Karachi Iftikhar Ali Shallwani on Sunday said that construction of Korangi 5000 road and...

Published 02 Nov, 2020 02:52am

JI leader asks govt to boycott French products

KARACHI: Scores of demonstrators in a rally marched from Quaid-e-Azam Mausoleum to Sea Breeze Plaza on MA Jinnah ...

Published 02 Nov, 2020 02:52am

Milad-e-Mustafa (PBUH) held

KARACHI: Milad-e-Mustafa (PBUH) was organized by the “The Smart College, Jinnah Campus, North Nazimabad,” ...

Published 02 Nov, 2020 02:52am

Pakistan clinches one-day series against Zimbabwe

ISLAMABAD: Pakistan defeated Zimbabwe by six wickets to clinch the three-match one-day international cricket series...

Updated 02 Nov, 2020 03:21am

ANP demands resignation of interior minister

PESHAWAR: Provincial president ANP Khyber Pakhtunkhwa, Aimal Wali Khan Sunday called for the constitution of a truth...

Published 02 Nov, 2020 02:52am

SU to resume physical classes today

HYDERABAD: Amid unyielding implementation of standard operating procedures (SOPs) at the campus and dormitories, the...

Published 02 Nov, 2020 02:52am

Cotton & Textile

Weekly Cotton Review: Rates show declining trend

KARACHI: The new wave of COVID 19 has negative impact on the rate of cotton and the rate of cotton decreased by Rs....

Published 02 Nov, 2020 02:52am

Energy

Canada turns on oil taps as prices rise

WINNIPEG, (Manitoba): Canadian crude producers are churning out extra barrels to finish their hardest year in ...

Published 02 Nov, 2020 02:52am

Stocks

Mom-and-pop investors bid record $3trn for Ant Group’s IPO

HONG KONG: Retail investors placed bids for a record $3 trillion of shares in Ant Group Co Ltd's dual listing in an...

Published 02 Nov, 2020 02:52am

Stocks

Major Gulf markets fall on oil price slide

DUBAI: Stock markets in the Gulf ended lower on Sunday in response to Thursday's slide in oil prices as rising...

Published 02 Nov, 2020 02:52am

Stocks

Investors trim long bets on Asia FX ahead of US election

SINGAPORE: Investors scaled back bullish positions in several emerging Asian currencies, a Reuters poll showed, as...

Published 02 Nov, 2020 02:52am

Stocks

S&P financials index may be bruised but not without bright spots

NEW YORK: Financial stocks have lagged the broader equity market since the start of the year and since the late ...

Published 02 Nov, 2020 02:52am

Stocks

Wall Street week ahead: Big tech stocks may face post-election headwinds, no matter who wins

NEW YORK: Some investors are betting the technology and communications stocks that drove a massive rebound in US...

Published 02 Nov, 2020 02:52am

Sugar warehouse raided

RAWALPINDI: Assistant Commissioner Gujjar Khan, Hira Rizwan Sunday raided the sugar warehouse, confiscated sugar and...

Published 02 Nov, 2020 02:52am

NICVD condemns NAB raid

KARACHI: The spokesperson of National Institute of Cardiovascular Diseases in a press statement, has condemned a ...

Published 02 Nov, 2020 02:52am

UN resolutions on Kashmir: AJK president, UK MP for early implementation

MIRPUR (AJK): The British Member of Parliament and the shadow deputy leader in the House of Commons Afzal Khan ...

Published 02 Nov, 2020 02:52am

Dragging institutions into politics suits to govt, says Maryam

LAHORE: Pakistan Muslim League-Nawaz (PML-N) vice president Maryam Nawaz has advised the Inter-Services Public...

Published 02 Nov, 2020 02:52am

Pakistan denounces Indian fake news about diaspora in France

ISLAMABAD: Pakistan on Sunday dismissed as fake the news with regard to the Pakistani diaspora in France “being...

Published 02 Nov, 2020 02:52am

Dr Arshad promoted

LAHORE: Dr Arshad Mahmood Additional Federal Secretary Finance (BPS-21) has been promoted to Grade 22 and...

Published 02 Nov, 2020 02:52am

Transport problems near to end, says Shallwani

KARACHI: Administrator Karachi Iftikhar Ali Shallwani said replacing an elected mayor makes out great expectation ...

Published 02 Nov, 2020 02:52am

Cases against 20 medical stores referred to drug court

FAISALABAD: The meeting of District Quality Control Board was held with Deputy Commissioner Muhammad Ali in the...

Published 02 Nov, 2020 02:52am

Metro train is symbol of Pak-China friendship: minister

LAHORE: Provincial Minister for Transport Jahanzeb Khan Khichi has said that metro train is the symbol of Pak-China...

Published 02 Nov, 2020 02:52am

Punjab govt to set up VAWC in Rawalpindi, Lahore

LAHORE: After the establishment of Violence Against Women Centre (VAWC) in Multan, the Punjab government with an aim...

Published 02 Nov, 2020 02:52am

Freedom day: Bilawal pays tribute to GB people

ISLAMABAD: Chairman Pakistan People’s Party Bilawal Bhutto Zardari said that some people are talking today of a...

Published 02 Nov, 2020 02:52am

Letters

Winter is coming — II

It would immediately force a very severe lockdown all over the country. The economy would be shut down again and a...

Published 02 Nov, 2020 02:52am

Champion for humanity

There are many dimensions to Sir Sultan Mahomed Shah, Aga Khan III’s demeanour in his public life. Born on the...

Published 02 Nov, 2020 02:52am

One-sided freedom

Freedom has become a buzzword. Freedom has become a refuge. Freedom has become a license to cross boundaries. ...

Published 02 Nov, 2020 02:52am

The economics of shortages

Shortages that presage a raise in the price of a commodity have become a way of life in Pakistan – shortage of...

Published 02 Nov, 2020 02:52am

Ground breaking of REZ on 18th: Khattak

PESHAWAR: Defence Minister Pervez Khan Khattak Sunday said Prime Minister Imran Khan would perform groundbreaking...

Published 02 Nov, 2020 02:52am

Crime, politics should be separated: Shibli

ISLAMABAD: Federal Minister for Information and Broadcasting Shibli Faraz on Sunday said the “crime and politics...

Published 02 Nov, 2020 02:52am

Opposition’s plan to malign institutions exposed: minister

ISLAMABAD: Communications Minister Murad Saeed said on Sunday that the efforts of Pakistan Muslim League Nawaz...

Published 02 Nov, 2020 02:52am

FC hand over Govt College Wana to district administration

PESHAWAR: After entire renovation, the Frontier Corps (FC) has formally handed over the administration of Govt Girls...

Published 02 Nov, 2020 02:52am

Construction of seven small dams completed in KP under PSDP

PESHAWAR: The construction of seven small dams had been completed in Khyber Pakhtunkhwa under Public Sector...

Published 02 Nov, 2020 02:52am

AAJ PROGRAM SCHEDULE

Monday, November 02, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE...

Published 02 Nov, 2020 02:52am

The Weather

KARACHI: The weather report on Sunday (November 1, 2020) and the forecast for Monday (November 2, 2020)....

Published 02 Nov, 2020 02:52am

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 02 Nov, 2020 02:52am

Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (October 26 to...

Published 02 Nov, 2020 02:52am

Exchange

Shipping of imported wheat: Minister unhappy over not giving first right of refusal to PNSC

ISLAMABAD: Minister for Maritime Affairs, Ali Zaidi, is reportedly unhappy over not giving first right of refusal to...

Published 02 Nov, 2020 02:52am

Exchange

London transport system secures £1.8bn govt bailout

LONDON: London's transport system said on Sunday it has secured a bailout from the government worth nearly £2...

Published 02 Nov, 2020 02:52am

Pakistan rejects Indian Ministry’s statement

ISLAMABAD: Pakistan on Sunday categorically rejected Indian Ministry of External Affairs’ “irresponsible and...

Published 02 Nov, 2020 02:52am

G-B given provisional provincial status

GILGIT: Prime Minister Imran Khan Sunday said after setting the economy on right direction, his next focus was to...

Published 02 Nov, 2020 02:52am

Wapda’s dues against CPPA-G, PD: Ministry seeks PM Office’s help

ISLAMABAD: Ministry of Water Resources has sought Prime Minister Office's (PMO) help for payment of an amount of ...

Published 02 Nov, 2020 02:52am

Quake death toll rises to 58 in Turkey

BAYRAKLI, (Turkey): Rescue workers were searching eight wrecked buildings in Izmir Sunday amid dwindling hope for...

Published 02 Nov, 2020 02:52am

NAB believes in ‘Accountability for All’ policy: chairman

ISLAMABAD: Chairman National Accountability Bureau (NAB) former Justice Javed Iqbal has said the anti graft watchdog...

Published 02 Nov, 2020 02:52am

Industry

India’s largest carmakers post increase sales

NEW DELHI: India's largest carmakers posted strong monthly sales numbers on Sunday, signalling that demand could be...

Updated 02 Nov, 2020 03:28am

Indonesia eyes increased US investment, trade

JAKARTA: Indonesia will see a significant boost in trade and investment from the United States as a result of...

Updated 02 Nov, 2020 03:28am

Money & Banking

Fed in holding pattern amid tense US election

WASHINGTON: The Federal Reserve's policy setting committee meets this week at a turbulent time: one day after voters...

Published 02 Nov, 2020 02:52am

Currency

Vote and virus: volatile markets bring reminder of March turmoil

LONDON: Equity and currency volatility shot higher on Wednesday and the cost of sourcing dollars rose, reflecting...

Published 02 Nov, 2020 02:52am

Currency

Canadian dollar sees biggest weekly drop since April

TORONTO: The Canadian dollar was little changed against its broadly stronger US counterpart on Friday as data showed...

Published 02 Nov, 2020 02:52am

Byco announces profit of Rs1.7bn in Q1

KARACHI: Byco Petroleum Pakistan Ltd (BPPL), Pakistan’s largest oil refining company, reported financial results...

Updated 02 Nov, 2020 03:28am

Exchange

Unwarranted accusations

EDITORIAL: Adhering to expediency rather than principle the joint statement issued at the conclusion of the third...

Published 02 Nov, 2020 02:52am

Exchange

The wheat challenge

EDITORIAL: Wheat and sugar prices have registered an alarming rise subsequent to the much hailed unprecedented...

Published 02 Nov, 2020 02:52am

Exchange

Six Pakistani companies to export meat to KSA

KARACHI: The government is trying to boost exports of halal meat and other perishable and non-perishable items to...

Updated 02 Nov, 2020 03:28am

Jazz registers significant growth in 4G subscribers during Q3

ISLAMABAD: Pakistan’s number one 4G operator and largest internet and broadband service provider Jazz invested ...

Updated 02 Nov, 2020 03:28am

Industry

Payment delays: Covid-19 pushes KE into Rs2.96bn loss

KARACHI: The Board of Directors of K-Electric Limited in its meeting held, approved the Company’s financial ...

Updated 02 Nov, 2020 03:28am

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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