News Archives for Print - 2020-11-09

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Print - 2020-11-09

Exchange

Taliban say they expect Biden to abide by Afghan pullout deal

KABUL: The Taliban said Sunday they expect the next US president, Joe Biden to abide by the deal signed with his...

Published 09 Nov, 2020 02:46am

UK honours war dead on virus-afflicted Remembrance Day

LONDON: Britain fell silent on Sunday in tribute to its war dead as royals and politicians observed a low-key...

Published 09 Nov, 2020 02:46am

Two dead, eight injured in knife rampage in Ukraine

KIEV: A man armed with a knife killed two people were killed and injured another eight, including an eight-year-old...

Published 09 Nov, 2020 02:46am

German police clash with virus-measure protesters

LEIPZIG, (Germany): German police said demonstrators protesting coronavirus restrictions attacked them in the city ...

Published 09 Nov, 2020 02:46am

Two dead after Malaysian helicopters collide

KUALA LUMPUR: Two people were killed when a pair of helicopters from the same Malaysian pilot school collided during...

Published 09 Nov, 2020 02:46am

Tens of thousands rally in Georgia demanding snap polls

TBILISI: Around 45,000 opposition supporters rallied Sunday in ex-Soviet Georgia, vowing permanent protests until a...

Published 09 Nov, 2020 02:46am

Game show host Alex Trebek, the face of 'Jeopardy!', dies at 80

LOS ANGELES: Game show host Alex Trebek, who as the brainy quizmaster of "Jeopardy!" became one of the most...

Published 09 Nov, 2020 02:46am

Africa

More than a dozen killed in DR Congo attacks

BENI, (DR Congo): More than a dozen people have been killed in two attacks near Beni in eastern Democratic Republic...

Published 09 Nov, 2020 02:46am

USA

Stacey Abrams says Democrats will pour resources into key Georgia Senate runoffs

WASHINGTON: Georgia Democratic activist Stacey Abrams said on Sunday that her party would pour unprecedented...

Published 09 Nov, 2020 02:46am

Exchange

PSX remains positive: BRIndex100 gains 90.58 points

KARACHI: Pakistan Stock Exchange witnessed positive trend during the outgoing week ended on Nov 06, on the back of...

Published 09 Nov, 2020 02:46am

Rates.BR Index

Futures spread declined by 548bps

KARACHI: The futures spread declined by 548bps to 5.72 percent on the last day of outgoing week. Trading activities...

Published 09 Nov, 2020 02:46am

France FM in Egypt affirms 'deep respect for Islam'

CAIRO: French Foreign Minister Jean-Yves Le Drian was in Egypt Sunday hoping to ease tensions following the...

Published 09 Nov, 2020 02:46am

Azerbaijan claims capture of key Karabakh town, Armenia denies

BAKU: Azerbaijan said Sunday that its forces had captured the key town of Shusha from Armenian separatists in...

Published 09 Nov, 2020 02:46am

'Druzhba-V' commences at Tarbela

RAWALPINDI: The Pakistan Armed Forces and a contingent of Russian Federation Special Forces joined hands for a...

Published 09 Nov, 2020 02:46am

CPR paid on immovable properties in ICT: Revised e-procedure to enable taxpayers to carry out corrections

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed the taxpayers to correct/revise Capital Value Tax (CVT)...

Published 09 Nov, 2020 02:46am

Trump will lose special Twitter protections in January

NEW YORK: US President Donald Trump will be subject to the same Twitter Inc rules as any other user when...

Published 09 Nov, 2020 02:46am

Pakistan thump Zimbabwe to clinch T20 series

RAWALPINDI: Pakistan proved too strong for Zimbabwe as they won the second Twenty20 international by eight wickets ...

Published 09 Nov, 2020 02:46am

Letters

Setback to PDM?

It is quite clear that the prospects of multi-party alliance, Pakistan Democratic Movement (PDM), have been badly...

Updated 09 Nov, 2020 03:18am

Biden win a setback for Israel's Netanyahu, hope for Palestinians

Joe Biden's US election win marks a setback for Israeli premier Benjamin Netanyahu, a staunch ally of President...

Updated 09 Nov, 2020 03:21am

This time they've gone too far!

Few things give more happiness than defeating your worst enemy. Few things matter more than being able to counter a...

Published 09 Nov, 2020 02:46am

Currency

How is the rupee gaining strength?

The recent strengthening of the rupee has baffled independent economists though official sources at the Ministry of...

Updated 09 Nov, 2020 03:26am

Opposition parties 'insulting' people's mandate: Buzdar

LAHORE: Punjab Chief Minister Usman Buzdar has claimed that the opposition parties are 'insulting' the mandate of...

Published 09 Nov, 2020 02:46am

Provincial Finance Commission: Resources will be distributed to district governments: minister

LAHORE: Punjab Finance Minister Makhdoom Hashim Javan Bakht said that resources will be distributed to district...

Published 09 Nov, 2020 02:46am

Punjab government intensifies crackdown on profiteers

LAHORE: The Punjab government has intensified the crackdown on profiteers to ensure the availability of essential...

Published 09 Nov, 2020 02:46am

OPEC would miss 'friend Trump', wary of strains under Biden

LONDON/DUBAI: Key members of OPEC are wary that strains in the OPEC+ alliance could reemerge with Joe Biden as US...

Published 09 Nov, 2020 02:46am

Exchange

Johnson says EU trade deal is 'there to be done'

LONDON: British Prime Minister Boris Johnson said on Sunday a trade deal with the European Union was "there to be...

Updated 09 Nov, 2020 03:06am

Berliners bid emotional farewell to Cold War airport

BERLIN: Berlin's venerable Tegel airport hosted its final flight on Sunday, a Paris-bound Air France plane that left...

Published 09 Nov, 2020 02:46am

Erdogan's son-in-law resigns as finance minister

ANKARA: The son-in-law of Turkish President Recep Tayyip Erdogan resigned on Sunday as finance minister, citing...

Published 09 Nov, 2020 02:46am

Eta hits Cuba with strong winds, rain

HAVANA: Tropical storm Eta brought strong winds and torrential rain to Cuba on Sunday after having earlier cut a...

Published 09 Nov, 2020 02:46am

Stocks

Most Gulf markets rise; Abu Dhabi eases

DUBAI: Most share markets in the Gulf ended higher on Sunday but stocks did not react significantly to Joe Biden's...

Published 09 Nov, 2020 02:46am

Stocks

Global investors dumped equities in October on US election jitters

NEW YORK: Global investors pumped more money into debt funds and shed holdings of equity funds in October, data from...

Published 09 Nov, 2020 02:46am

Stocks

China stocks rake in $1.7 billion in portfolio flows

LONDON: Chinese equities attracted foreign portfolio flows of $1.7 billion the day after the US presidential ...

Published 09 Nov, 2020 02:46am

Stocks

LSE offers rivals access to data, clearing in EU pledge

BRUSSELS/LONDON: London Stock Exchange has offered to allow rivals non-discriminatory access to clearing and data in...

Published 09 Nov, 2020 02:46am

Stocks

High-flying US tech stocks get post-election lift, near new highs

NEW YORK: The US election has given a lift to high-flying technology stocks, which are within striking distance of a...

Published 09 Nov, 2020 02:46am

Stocks

Wall Street week ahead: Small caps join market rally but pandemic could derail them

NEW YORK: US small caps joined in the broad market rally in the days after Election Day as investors priced in the...

Published 09 Nov, 2020 02:46am

Currency

Punjab police launch 'Women Safety App'

LAHORE: A few months after the occurrence of Lahore-Sialkot motorway gang-rape case, the Punjab police on Sunday...

Published 09 Nov, 2020 02:46am

Biden must play role in resolving Kashmir issue: AJK president

MIRPUR (AJK): Azad Jammu and Kashmir (AJK) President Sardar Masood Khan while greeting the US President-elect Joe...

Published 09 Nov, 2020 02:46am

JI holds rally against inflation, unemployment

LAHORE: In continuation of its ongoing campaign against inflation, unemployment and interest-based economy,...

Published 09 Nov, 2020 02:46am

Cotton & Textile

Weekly Cotton Review: Trading volume, rates show decreasing trends

KARACHI: There is a significant reduction of Rs 400 per maund in the rate of cotton. The rate of Phutti is also...

Published 09 Nov, 2020 02:46am

Energy

HST&SI president for resolving gas shortage in Hyderabad

HYDERABAD: The President Hyderabad Small Traders and Small Industry Saleemuddin Qureshi said that as the winter...

Published 09 Nov, 2020 02:46am

Kamal calls for grand national dialogue

KARACHI: Pak Sarzameen Party (PSP) Chairman Syed Mustafa Kamal on Sunday said that the targeting of state...

Published 09 Nov, 2020 02:46am

11th annual Vintage and Classic Car Rally 2020 reach Peshawar

PESHAWAR: A colourful grand show of old and vintage cars was held here at the Peshawar Services Club on Sunday as ...

Published 09 Nov, 2020 02:46am

Commodities

Further increase witnessed in chicken, essential grocery items

PESHAWAR: Prices of chicken meat, eggs, sugar, flour, vegetable and grocery items have sharply risen in the retail...

Published 09 Nov, 2020 02:46am

Old enmity claims 5 lives in Kohat

PESHAWAR: Five persons were killed and four others injured during a firing incident in Kaghazai area of Kohat...

Published 09 Nov, 2020 02:46am

NA speaker for extension of CPEC to Afghanistan

PESHAWAR: Speaker National Assembly Asad Qaiser has said that they want the extension of China Pakistan Economic...

Published 09 Nov, 2020 02:46am

Commissioner Karachi leaves for Istanbul

KARACHI: Commissioner Karachi Iftikhar Shallwani left for Istanbul to review the functioning of tram service in...

Published 09 Nov, 2020 02:46am

Zardari gave a separate CM to G-B: Bilawal

GILGIT: Pakistan People's Party (PPP) chairman Bilawal Bhutto-Zardari on Sunday said a consensus is now developed ...

Published 09 Nov, 2020 02:46am

Five Islamabad sub-sectors to be sealed today

ISLAMABAD: Five Islamabad sub-sectors today (Monday) will be sealed (undergo a smart lock-down) amid rise in the...

Published 09 Nov, 2020 02:46am

PDM shows concern over delay in probe of Safdar's arrest

ISLAMABAD: Pakistan Democratic Movement (PDM), an alliance of the opposition parties, has expressed serious concerns...

Published 09 Nov, 2020 02:46am

Aaj TV - Monday's Program schedule

All timings are in PST (Pakistan Standard Time). 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE...

Published 09 Nov, 2020 02:46am

The Weather

KARACHI: The weather report on Sunday (November 8, 2020) and the forecast for Monday (November 9, 2020)....

Published 09 Nov, 2020 02:46am

Currency

Your rupee last quarter

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last quarter. (July 2 to...

Published 09 Nov, 2020 02:46am

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 09 Nov, 2020 02:46am

Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (November 2 to ...

Published 09 Nov, 2020 02:46am

Biden begins transition

WASHINGTON: US President-elect Joe Biden took the first steps on Sunday towards taking over the White House 73 days...

Published 09 Nov, 2020 02:46am

President, PM greet Biden, Harris

ISLAMABAD: President Dr Arif Alvi and Prime Minister Imran Khan congratulated President-elect Joe Biden and Vice...

Published 09 Nov, 2020 02:46am

Palestinians indicate end to boycott of US

RAMALLAH: Palestinian President Mahmoud Abbas on Sunday congratulated US President-elect Joe Biden in a statement...

Published 09 Nov, 2020 02:46am

MoE-FBR tiff puts ECC decision implementation on hold

ISLAMABAD: A dispute between Ministry of Energy (MoE) and Federal Board of Revenue (FBR) on eligibility criteria for...

Published 09 Nov, 2020 02:46am

PM likely to unveil package for Balochistan today

ISLAMABAD: Prime Minister Imran Khan will arrive in Quetta on Monday for a day-long visit. During the visit, PM ...

Published 09 Nov, 2020 02:46am

Four Indian soldiers killed in IIOJK

OCCUPIED SRINAGAR: Four Indian army soldiers killed and three freedom fighters were martyred in occupied Kashmir ...

Published 09 Nov, 2020 02:46am

Global coronavirus cases exceed 50m after 30-day spike

NEW YORK: Global coronavirus infections exceeded 50 million on Sunday, according to a Reuters tally, with a second...

Published 09 Nov, 2020 02:46am

Currency

Iranian power firm: Proposal on deal extension approved by ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a Power Division proposal to extend...

Published 09 Nov, 2020 02:46am

Profoundly tense US presidential election

EDITORIAL: Democrat Party candidate Joe Biden, who was on the brink of victory for eternity since the day the...

Published 09 Nov, 2020 02:46am

Exchange

Contractionary policies not required?

EDITORIAL: A Business Recorder exclusive citing high-level sources in the Ministry of Finance maintains that the...

Updated 09 Nov, 2020 03:35am

Exchange

'Purpose of CPEC is to promote development across Pakistan'

BEIJING: The projects being implemented under the China-Pakistan Economic Corridor (CPEC), a flagship project of the...

Published 09 Nov, 2020 02:46am

Industry

Foreigners join China's livestream sales army

BEIJING: Late at night, Lalo Lopez heads to a small Shanghai studio for a livestream, punting Chinese products from...

Published 09 Nov, 2020 02:46am

Industry

Etihad Airways announces departure of several senior executives

DUBAI: Abu Dhabi's Etihad Airways said on Sunday its chief commercial officer was leaving the state carrier as part...

Published 09 Nov, 2020 02:46am

Currency

Virtual gold? Bitcoin's rise sparks new debate amid pandemic

LONDON: Bitcoin's rally above $15,000 has reignited debate over whether the cryptocurrency is so-called digital gold...

Published 09 Nov, 2020 02:46am

Currency

African currencies week ahead: Kenyan, Tanzanian, Ugandan shillings to hold steady

NAIROBI: The Kenyan, Ugandan and Tanzanian shillings are expected to hold steady against the dollar in the week to...

Published 09 Nov, 2020 02:46am

Currency

Clouds gather over battered dollar in US election aftermath

NEW YORK: An increasingly bearish picture is unfolding for the US dollar, which has suffered its worst week since...

Published 09 Nov, 2020 02:46am

Industry

Power package to industries: DCCI president hails PM's announcement

MULTAN: President of Dera Ghazi Khan Chamber of Commerce & Industry (DCCI) and ex-President of Multan Chamber of...

Published 09 Nov, 2020 02:46am

Cotton

Analyst considers import of agri products burden on economy

KARACHI: Economic & financial analyst, Ateeq-Ur-Rehman said that Pakistan is an agricultural country but we have...

Published 09 Nov, 2020 02:46am

Industry

Daraz to offer discount worth Rs 50 billion during 11.11 sale

LAHORE: Daraz is bringing the biggest sale of the world, better known as 11.11, from 11th November to 17th November...

Published 09 Nov, 2020 02:46am

Industry

PCSTI demands equal treatment to all trade bodies

PESHAWAR: President, Peshawar Chamber of Small Trade and Industry (PCSTI), Mohammad Adnan Jalil has urged upon the...

Published 09 Nov, 2020 02:46am

Taxes

Application for withdrawal of appeals: FBR issues notification to specify draft

ISLAMABAD: The aggrieved taxpayers would be bound to withdraw their appeals or reference applications or civil...

Published 09 Nov, 2020 02:46am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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