Trends - Africa - Business Recorder

Africa

Biden meets Angola leader in visit showcasing US investment in Africa

LUANDA: US President Joe Biden met his Angolan counterpart Joao Lourenco Tuesday at the start of a two-day visit to...

Published 03 Dec, 2024 06:47pm

Technology

Vodafone, Google deepen AI ties across Europe, Africa

Britain’s Vodafone said on Tuesday it has deepened its strategic partnership with Alphabet’s Google in a ten-year,...

Published 08 Oct, 2024 12:35pm

World

Philippines says recent mpox case is mild Clade 2 variant

MANILA: The Philippines’ health minister said on Wednesday a recently detected mpox case in the Southeast Asian...

Published 21 Aug, 2024 10:15am

18,737 mpox cases detected in Africa since Jan

NAIROBI: A total of 18,737 suspected or confirmed cases of mpox were reported in Africa since the beginning of the...

Updated 18 Aug, 2024 09:42am

World

Smuggling of African gold on the rise: NGO

LAGOS: Billions of dollars’ worth of gold is smuggled out of Africa each year, much of it bound for Dubai before it...

Published 30 May, 2024 05:08pm

World

Maersk reroutes vessels around Africa from Red Sea

COPENHAGEN: Denmark’s Maersk said on Tuesday its vessels due to sail through the southern Red Sea and the Gulf of...

Published 19 Dec, 2023 01:34pm

World

Russia has sent first free grain shipments to Africa

MOSCOW: Russia has sent the first of its promised shipments of free grain to Africa, the country’s agriculture...

Published 17 Nov, 2023 06:23pm

World

Africa to get ‘stronger voice’ at IMF: Georgieva

Abidjan: Sub-Saharan Africa will have a “stronger voice” at the International Monetary Fund as it will get a...

Published 07 Oct, 2023 06:01am

World

New UN migration chief to visit Africa on first official trip

GENEVA: The new head of the UN’s migration agency will visit Africa on her first official trip from Sunday to...

Published 02 Oct, 2023 05:15pm

World

Brazil's Lula to reshuffle cabinet after Africa trip: minister

RIO DE JANEIRO: Brazil's Institutional Relations Minister Alexandre Padilha said on Friday that President Luiz ...

Published 25 Aug, 2023 11:13pm

World

Putin says Russia will replace Ukrainian grain shipments to Africa

MOSCOW: Russia will replace exports of Ukrainian grain to Africa, President Vladimir Putin said on Monday, after...

Published 24 Jul, 2023 11:18am

World

US VP unveils $1bn initiative for African women’s empowerment

ACCRA: The United States Vice President Kamala Harris announced a more than $1 billion initiative to improve...

Published 30 Mar, 2023 06:35am

World

Lahore is most polluted city, Chad worst among countries

NEW DELHI: Lahore jumped more than 10 places to become the city with the worst air in the world in 2022, according...

Updated 14 Mar, 2023 06:57pm

Technology

Satellites could beam poorest nations out of digital desert

DOHA: Only a third of people in the world’s poorest countries can connect to the internet, the UN telecoms agency...

Published 06 Mar, 2023 08:05am

Business & Finance

Zambia Chamber chief visits FCCI offices, woos potential investors

FAISALABAD: Africa is poised to emerge as a new global economic destination and Pakistan must contemplate ...

Published 03 Mar, 2023 07:19am

Opinion

‘Each one feed one’

It was not long ago that there was this popular slogan “Each one teach one”. This slogan was originally an...

Published 04 Feb, 2023 06:08am

Business & Finance

IFC sees ‘huge’ potential to boost investment in Africa

WASHINGTON: The World Bank’s private investment arm sees huge potential to boost investment in Africa and help...

Published 19 Dec, 2022 07:28am

Pakistan

‘Engage Africa’: NA body chief describes it as ‘strategic pivot’

ISLAMABAD: Chair-man of the National Assembly Standing Committee on Foreign Affairs Moshin Dawar said that “Engage...

Published 30 Sep, 2022 05:52am

World

French court to rule on deadly 2009 Yemenia Airways crash

PARIS: A French court on Wednesday will issue its verdict on involuntary homicide charges against Yemenia Airways...

Published 14 Sep, 2022 12:45pm

World

‘Challenge’ to maintain world’s focus on global health after COVID-19: Bill Gates

LONDON: Asking the world to prioritise saving lives in the world’s poorest countries is increasingly challenging in...

Published 13 Sep, 2022 10:34am

Business & Finance

Emirates to suspend Nigeria flights from September over trapped funds

LAGOS: Dubai’s Emirates will suspend flights to Nigeria from next month over an inability to repatriate funds from...

Published 18 Aug, 2022 01:24pm

World

UN ship with grain for Africa sets off from Ukraine: ministry

KYIV: A UN-chartered vessel laden with grain set off from Ukraine for Africa on Tuesday following a deal to relieve...

Published 16 Aug, 2022 12:17pm

World

US not trying to ‘outdo’ world powers in Africa, says Blinken

PRETORIA: The United States is seeking a “true partnership” with Africa and not trying to “outdo” other world powers...

Published 08 Aug, 2022 08:05pm

World

UN urges Africa to swap commodities for tech

DAKAR: The UN’s trade body on Thursday said African economies were vulnerable to a triple shock as it urged...

Published 15 Jul, 2022 07:45am

India reports first case of monkeypox

MUMBAI/BENGALURU: India reported its first confirmed case of monkeypox on Thursday, the head of the national ...

Published 15 Jul, 2022 06:20am

World

NATO wary of Russian, Chinese ‘gains’ on southern flank

MADRID: NATO chief Jens Stoltenberg pledged more support for countries in Africa and the Middle East as the alliance...

Published 30 Jun, 2022 08:50pm

Life & Style

First ever 'Africa Fashion' exhibition to open in London

LONDON: Britain's most extensive exhibition of African fashion is set to open in London, showcasing designers past...

Published 28 Jun, 2022 12:32pm

World

Moderna announces first African vaccine facility in Kenya

NAIROBI: US vaccine maker Moderna announced Monday that it would build its first mRNA jab-manufacturing facility in...

Published 07 Mar, 2022 08:19pm

World

BioNTech to ship mobile Covid vaccine labs to Africa

MARBURG: Germany's BioNTech, which together with Pfizer developed the first mRNA vaccine against the coronavirus,...

Published 16 Feb, 2022 07:28pm

World

Covid surge in Africa, but fewer deaths than before: WHO

BRAZZAVILLE: Africa has recorded a massive rise in Covid cases over the last week, but the number of deaths is lower...

Published 14 Dec, 2021 09:10pm

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

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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