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 / Jan 23	278.71
USD PKR Interbank Buying / Jan 23	278.56
USD to Japanese Yen / Jan 23	156.57
USD to Swiss Franc / Jan 23	0.91
Pound Sterling to USD / Jan 23	1.23
Euro to USD / Jan 23	1.04

Stock	Volume
S&P 500 / Jan 22	6,086.37
Nasdaq / Jan 22	20,009.34
Dow Jones / Jan 22	44,156.73
India Sensex / Jan 23	76,579.87
Tokyo Nikkei / Jan 23	40,000.30
Hang Seng / Jan 23	19,695.88
FTSE 100 / Jan 23	8,544.98
Germany DAX 30 / Jan 23	21,282.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 22	18,485
Gold 10 Grams PKR / Jan 22	246,440
Crude Oil USD/Barrel / Jan 23	75.19
Gold Spot USD/Ounce / Jan 23	2,754.03
Cotton US¢/pound / Jan 23	67.06
Petrol/Litre / Jan 24	256.13

Gainers
Losers
Leaders

Stock	Price
Saritow Spinning / Jan 23 Saritow Spinning Mills Limited(SSML)	10.12 ▲ 1.00 (10.96%)
Apna Microfin. / Jan 23 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	94.44 ▲ 8.59 (10.01%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Olympia Mills / Jan 23 Olympia Mills Limited(OML)	37.04 ▲ 3.37 (10.01%)
Arif Habib Ltd. / Jan 23 Arif Habib Limited(AHL)	72.46 ▲ 6.59 (10.00%)
Dewan Motors / Jan 23 Dewan Farooque Motors Limited(DFML)	46.07 ▲ 4.19 (10.00%)
Mughal Energy / Jan 23 Mughal Energy Limited(GEM)(GEMMEL)	21.45 ▲ 1.95 (10.00%)
Liven Pharma / Jan 23 Liven Pharma Limited(LIVEN)	150.99 ▲ 13.73 (10.00%)

Stock	Price
Nagina Cot. / Jan 23 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	10.92 ▼ -1.21 (-9.98%)
Fecto Cement / Jan 23 Fecto Cement Limited(FECTC)	105.20 ▼ -11.20 (-9.62%)
J.K.Spinning / Jan 23 J.K. Spinning Mills Limited(JKSM)	60.50 ▼ -6.14 (-9.21%)
Kohat Textile / Jan 23 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Ruby Textile / Jan 23 Ruby Textile Mills Limited(RUBY)	6.67 ▼ -0.62 (-8.50%)
Sana Ind / Jan 23 Sana Industries Limited(SNAI)	28.60 ▼ -2.64 (-8.45%)
Faisal Sp. / Jan 23 Faisal Spinning Mills Limited(FASM)	340.01 ▼ -29.89 (-8.08%)
Calcorp Ltd / Jan 23 Calcorp Limited(CASH)	33.11 ▼ -2.82 (-7.85%)

Stock	Volume
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	141,910,406 ▲ 0.58
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.10
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 2.32
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	35,610,583 ▲ 0.74
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	32,491,903 ▲ 8.59
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▼ -0.11
Maple Leaf Cement / Jan 23 Maple Leaf Cement Factory Limited(MLCF)	26,406,513 ▲ 2.50
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	22,103,404 ▲ 0.45
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 2.76

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