News Archives for Print - 2021-05-08

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Print - 2021-05-08

The Weather

KARACHI: The weather report on Friday (May 7, 2021) and the forecast for Saturday (May 8, 2021)....

Published 08 May, 2021 03:30am

Asia

Indonesia’s Sinabung volcano erupts

MEDAN: Indonesia’s Mount Sinabung erupted on Friday, spewing a massive column of smoke and ash up to 2,800 metres...

Published 08 May, 2021 03:30am

Europe

France’s SNCF launches low-cost bullet train service in Spain

MADRID: French rail operator SNCF inaugurated Friday a low-cost, high-speed rail service in Spain linking Madrid and...

Published 08 May, 2021 03:30am

Asia

Maldives ex-president ‘critical’ after assassination attempt

MALÉ, (Maldives): Former Maldives president Mohamed Nasheed was in a “critical” condition on Friday following ...

Published 08 May, 2021 03:30am

Twitter lets people leave tips for some tweeters

SAN FRANCISCO: Twitter on Thursday began letting some users add virtual tip jars to accounts so people can support...

Published 08 May, 2021 03:30am

Japan extends virus emergency as India posts record infections

TOKYO/NEW DELHI: A coronavirus state of emergency in Tokyo and other parts of Japan was extended on Friday, less ...

Published 08 May, 2021 03:30am

Ericsson and Samsung reach patent deal

STOCKHOLM: Swedish telecoms firm Ericsson said Friday it has reached an accord with South Korea’s Samsung on ...

Published 08 May, 2021 03:30am

South Asia

Nepali climber claims record 25th Everest ascent

KATHMANDU: Nepali climber Kami Rita Sherpa on Friday reached the summit of Mount Everest for the 25th time, breaking...

Published 08 May, 2021 03:30am

Perseverance rover captures sound of Ingenuity flying on Mars

WASHINGTON: NASA’s Perseverance rover has for the first time captured the low-pitched whirring of the Ingenuity...

Published 08 May, 2021 03:30am

PARTLY FACETIOUS: Bilawal is an Oxford graduate

“Amongst all our politicians, young and old, new inductees and old hands

Published 08 May, 2021 03:30am

CCP’s enquiry reveals cartelization among poultry feed mills

ISLAMABAD: The Competition Commission of Pakistan (CCP) has again acted against cartelization in the poultry ...

Published 08 May, 2021 03:30am

Undergraduate programme: SAU extends application deadline

HYDERABAD: Sindh Agriculture University has extended the date of receipt of application forms for admission in...

Published 08 May, 2021 03:30am

Eidul Fitr: Ministry notifies 90-day remission for all prisoners

ISLAMABAD: The Ministry of Interior has notified a 90-day remission to all prisoners incarcerated in jails across ...

Published 08 May, 2021 03:30am

Country has fiscal space to lower power tariffs: Pasha

ISLAMABAD: Former finance minister Dr Hafiz Pasha, Friday, has said that the country has a fiscal space to lower the...

Published 08 May, 2021 03:30am

Sindh govt announces new Covid restrictions

KARACHI: The Sindh government on Friday announced a new set of restrictions as part of the national ‘Stay Home -...

Published 08 May, 2021 03:30am

PBC supports govt’s initiative to introduce EVMs

ISLAMABAD: Pakistan Bar Council (PBC) on Friday supported the government’s initiative to introduce electronic...

Published 08 May, 2021 03:30am

Pandemic results in greater use of financial services: survey

ISLAMABAD: Financial inclusion in Pakistan has increased from 21 percent of adults pre-pandemic to 25 percent in...

Published 08 May, 2021 03:30am

140 deaths, 4,298 new coronavirus cases reported

ISLAMABAD: Pakistan, on Friday, reported 140 Covid-19 deaths and 4,298 new coronavirus cases following which the...

Published 08 May, 2021 03:30am

NAB approves Rs 2.25bn plea bargain

LAHORE: For the first time in the history, the National Accountability Bureau (NAB) Lahore got the highest ever plea...

Published 08 May, 2021 03:30am

Essential items: Minister for uninterrupted supply in lockdown

LAHORE: Punjab Law Minister Raja Basharat has directed the authorities concerned to ensure uninterrupted supply of...

Published 08 May, 2021 03:30am

Consumers get economic relief in real sense: minister

FAISALABAD: Punjab Minister for Sports Rai Taimur Khan Bhatti has said that the Punjab govt had made concrete and...

Published 08 May, 2021 03:30am

US CG applauds KFC scholarship

KARACHI: The US Consul General Robert Silberstein applauded KFC which, in partnership with the Orange Tree...

Published 08 May, 2021 03:30am

Cop killed, two injured in firing

KARACHI: A policeman was killed and two others injured in firing of armed men here in the metropolis on Friday....

Published 08 May, 2021 03:30am

Turkish app introduces new feature of group chats

KARACHI: Having witnessed 2 million downloads in Pakistan and 80 million downloads globally, Turkey’s secure life...

Published 08 May, 2021 03:30am

Eid special train departs for Lahore

KARACHI: The first of six Eid special trains, from Karachi to Upcountry, departed from City Station towards Lahore ...

Published 08 May, 2021 03:30am

Sindh PA concludes pre-budget debate

KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Friday claimed to have improved public life despite financial...

Published 08 May, 2021 03:30am

Orangi, Gujjar nullahs: SHC restrains authorities from demolishing leased properties

KARACHI: The Sindh High Court (SHC) on Friday restrained the authorities from demolishing leased properties built...

Published 08 May, 2021 03:30am

Bilawal for permanent closure of Chashma-Jhelum Link Canal

KARACHI: Pakistan People’s Party chairman Bilawal Bhutto-Zardari has criticized the ‘incompetent and...

Published 08 May, 2021 03:30am

Over 1.6m people vaccinated so far: 82 more deaths, 1,995 new cases reported in Punjab

LAHORE: The novel coronavirus continued to play wreak, as Punjab reported 82 more deaths including 37 each in ...

Published 08 May, 2021 03:30am

‘LWMC striving to provide best yet cost-effective cleanliness facilities’

LAHORE: Lahore Waste Management Company (LWMC) Chairman Amjad Ali Awan said they were striving to provide the best...

Published 08 May, 2021 03:30am

UAF scientists: Opportunities exist to uplift agri sector: VC

FAISALABAD: There are ample opportunities for University of Agriculture Faisalabad scientists to uplift country’s...

Published 08 May, 2021 03:30am

HBL Pakistan Super League 6: UAE emerges as preferred venue for remaining matches

LAHORE: The Pakistan Cricket Board (PCB) and the six franchise owners met on Friday via a Zoom call to discuss the...

Published 08 May, 2021 03:30am

Jumatul Wida, Al Quds Day observed with zeal

LAHORE: Juma tul Wida, the last Friday of holy month of Ramazan and Al Quds Day was observed with religious zeal and...

Published 08 May, 2021 03:30am

Punjab Assembly session: MPAs annoyed over absence of ministers

LAHORE: The Panel of Chairman Mian Shafi Muhammad on Friday attend the question hour in Punjab Assembly on the...

Published 08 May, 2021 03:30am

No one ready to trust Imran, claims Shehbaz

LAHORE: Pakistan Muslim League-Nawaz (PML-N) President Mian Shehbaz Sharif on Friday said that no one is ready to...

Published 08 May, 2021 03:30am

Access to tally record during recounting of votes: Reluctant ECP taints credibility of by-poll in NA-249

ISLAMABAD: Election Commission of Pakistan’s (ECP’s) reluctance to allow political parties access to tally the...

Published 08 May, 2021 03:30am

Talat Ishaq vs NAB case: Post-arrest bail plea must be considered: SC

ISLAMABAD: The Supreme Court said the parameters laid down in Talat Ishaq vs National Accountability Bureau (NAB)...

Published 08 May, 2021 03:30am

All Pakistan Projects Business scam: Physical remand of accused extended till 21st

ISLAMABAD: The Accountability Court, on Friday, extended physical remand of an accused, Adam Ameen Chaudhry, till ...

Published 08 May, 2021 03:30am

Performance review: PAC calls internal meeting

ISLAMABAD: The National Assembly’s Public Accounts Committee (PAC) has called an internal meeting to review the...

Published 08 May, 2021 03:30am

European Parliament chief urged to withdraw resolution

ISLAMABAD: The Pakistan Peoples Party (PPP) leader and Chairman Institute of Research and Reforms (IRR) Senator A...

Published 08 May, 2021 03:30am

Towards improving FBR performance

The Federal Board of Revenue (FBR) has to work harder to improve its image before it can think of achieving higher...

Published 08 May, 2021 03:30am

Rates.SBP

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits

Published 08 May, 2021 03:30am

Rates.Banks

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...

Published 08 May, 2021 03:30am

Forex

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank

Published 08 May, 2021 03:30am

Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...

Published 08 May, 2021 03:30am

Rates.LIBOR

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Friday

Published 08 May, 2021 03:30am

Rates.SBP

Bill buying rates per unit of currency

KARACHI: Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank ...

Published 08 May, 2021 03:30am

Forex

Banks rates for currency notes (buying and selling)

KARACHI: The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on ...

Published 08 May, 2021 03:30am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan

Published 08 May, 2021 03:30am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 08 May, 2021 03:30am

Rates.LIBOR

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (May 7, 2021)....

Published 08 May, 2021 03:30am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday

Published 08 May, 2021 03:30am

Rates.The Rupee

THE RUPEE: PKR continues to gain value

KARACHI: On Friday, PKR continued to gain value for third consecutive day against USD in both interbank and open...

Published 08 May, 2021 03:30am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees

Published 08 May, 2021 03:30am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday

Published 08 May, 2021 03:30am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday

Published 08 May, 2021 03:30am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Friday

Published 08 May, 2021 03:30am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (May 7, 2021)...

Published 08 May, 2021 03:30am

Rates.LME

LME official prices

LONDON: The following were Thursday official prices....

Published 08 May, 2021 03:30am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time)

Published 08 May, 2021 03:30am

Energy

Total pulls Le Monde ads over report on Myanmar military ties

PARIS: French energy giant Total pulled adverts from Le Monde after it reported that the company was paying gas...

Published 08 May, 2021 03:30am

Commodities

Gold accelerates to best week in 6 months in Europe

AMSTERDAM/LONDON: Gold extended its rally, jumping more than 1% to its best week since November last year after an...

Published 08 May, 2021 03:30am

Commodities

Tokyo rubber futures down

TOKYO: Japanese rubber futures gave up early gains to end lower on Friday, snapping a four-session rally which was...

Published 08 May, 2021 03:30am

Energy

Oil prices set for weekly gain despite India virus surge

NEW YORK: Oil prices were little changed on Friday as the COVID-19 crisis in India worsened but prices were set for ...

Published 08 May, 2021 03:30am

Commodities

Copper scales record high on industry and speculative buying

• Aluminium touches three-year peak • Zinc surpasses $3,000 for 1st time since June 2018 • Lead hits highest...

Published 08 May, 2021 03:30am

Commodities

Palm oil jumps 5pc

SINGAPORE: Malaysian palm oil futures jumped 5% on Friday, climbing to their highest level since 2008 and recording...

Published 08 May, 2021 03:30am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: A total of 7753 containers were handled out of which 4909 were of imports and 2844 were of exports. 4909...

Published 08 May, 2021 03:30am

Commodities

China steel futures rise to record high

CHICAGO: Chinese steel futures resumed their record-setting rally on Thursday, after a five-day Labour Day holiday,...

Published 08 May, 2021 03:30am

Grains

Dryness speeds Argentine soya harvest

BUENOS AIRES: Argentine soy and corn harvesting is being driven by ideal weather conditions but the lack of rain ...

Published 08 May, 2021 03:30am

Commodities

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.938...

Published 08 May, 2021 03:30am

Cotton & Textile

Thin trading activity on cotton market

KARACHI: The sluggish trend remained continued in the local cotton market on Friday. Market sources told that ...

Published 08 May, 2021 03:30am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (May 7, 2021)....

Published 08 May, 2021 03:30am

Grains

EU wheat extends rally

PARIS: Euronext wheat climbed further on Thursday, again buoyed by rising corn prices that raised the prospect of...

Published 08 May, 2021 03:30am

Stocks

British mid-caps hit record high

LONDON: Britain’s mid-cap index closed at a record high on Friday as hopes of a stronger economic recovery lifted...

Published 08 May, 2021 03:30am

Stocks

European stocks at record high

AMSTERDAM/LONDON: European stocks closed at a record high on Friday, marking strong weekly gains as positive ...

Published 08 May, 2021 03:30am

Stocks

Dow Jones ends at record high

NEW YORK: The Dow Jones Industrial Average closed at a record high on Thursday, bolstered by an upbeat weekly ...

Published 08 May, 2021 03:30am

Stocks

Friday’s early afternoon trade: S&P hits record, Nasdaq jumps

NEW YORK: The S&P 500 and the Dow Jones Industrials hit record highs on Friday, while the technology-heavy ...

Published 08 May, 2021 03:30am

Stocks

China stocks fall

SHANGHAI: China stocks fell on Friday to end the week lower, as worries over lofty valuations and Sino-West tensions...

Published 08 May, 2021 03:30am

Stocks

Japanese shares up

TOKYO: Japanese shares ended higher on Friday as investors scooped up cheap technology stocks, while concerns around...

Published 08 May, 2021 03:30am

Commodities

Gold gains

KARACHI: Gold prices on Friday showed some momentum on the local market, traders said. The yellow metal price grew...

Published 08 May, 2021 03:30am

Energy

SNGPL, SSGC consumers: Ogra announces RLNG provisional prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA), on Friday, announced RLNG provisional prices for the...

Published 08 May, 2021 03:30am

Energy

LPG Policy 2021: PLPGMA chief urges Ogra to take stakeholders on board

LAHORE: Chairman Pakistan LPG Marketers Association (PLPGMA) has urged the Oil & Gas Regulatory Authority (Ogra)...

Published 08 May, 2021 03:30am

Judging by the peers

On the fateful morning of 9 March 2007, while seeing off Sharifuddin Pirzada, who had gone there to brief him on the...

Updated 08 May, 2021 06:30pm

Country actually needs ‘business’ envoys

Prime Minister Imran Khan in his virtual address this week to Pakistan’s envoys posted in different foreign...

Published 08 May, 2021 03:30am

Letters

‘The pitfalls and the prospects’

This is apropos a Business Recorder op-ed “The pitfalls and the prospects” carried by the newspaper on ...

Published 08 May, 2021 03:30am

Crucial Scottish elections: Pro-independence SNP wins early seats

GLASGOW: Scotland's main pro-independence party captured a swathe of seats on Friday in a crucial Scottish ...

Published 08 May, 2021 03:30am

Industry

Canada joblessness back up in April amid new Covid outbreak

OTTAWA: Canada shed 207,000 jobs in April, with a new Covid wave pushing the unemployment rate to 8.1 percent after...

Published 08 May, 2021 03:30am

Industry

BA parent IAG loss tops 1bn euros in Q1

LONDON: IAG, owner of British Airways and other European airlines, posted on Friday a net loss of 1.1 billion euros...

Published 08 May, 2021 03:30am

Industry

Disappointing jobs data pose new challenge for Biden agenda

WASHINGTON: The United States added 266,000 jobs in April — a quarter of the number expected — in a surprise...

Published 08 May, 2021 03:30am

Industry

China’s exports top forecasts, imports growth best in 10 years

BEIJING: Chinese exports grew at a forecast-busting rate last month, data showed Friday, while imports surged at...

Published 08 May, 2021 03:30am

Money & Banking

Foreign exchange reserves rise to $3.2trn

BEIJING: China’s foreign exchange reserves, the world’s largest, increased in April from a month earlier,...

Published 08 May, 2021 03:30am

Money & Banking

Dollar index down in Europe

• MSCI EM currency index hits record high AMSTERDAM/LONDON: The dollar was stuck around a one-week low on Friday,...

Published 08 May, 2021 03:30am

Money & Banking

Early trade in New York: Dollar slides; MSCI EM currency index climbs

NEW YORK: The dollar fell to its lowest in more than two months on Friday after US jobs data for April came in well...

Published 08 May, 2021 03:30am

Money & Banking

Sterling shoots higher

LONDON: Sterling rose versus the dollar and euro on Friday and was on track for weekly gains against both, as...

Published 08 May, 2021 03:30am

Industry

Process of industrial production must continue: KATI

KARACHI: President of Korangi Association of Trade and Industry (KATI), Saleem-uz-Zaman has said that in the current...

Published 08 May, 2021 03:30am

FPCCI lauds Tarin’s vision for economic growth, social prosperity

Industry

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
Dow Jones / Jan 29	44,713.52
India Sensex / Jan 30	76,776.38
Tokyo Nikkei / Jan 30	39,467.47
FTSE 100 / Jan 30	8,567.71
Germany DAX 30 / Jan 30	21,655.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Petrol/Litre / Jan 30	256.13
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Diesel/Litre / Jan 30	260.95

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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