Trends - COP27 summit - Business Recorder

COP27 summit

COP27 does little for next month’s global agenda: nature loss

SHARM EL-SHEIKH: The U.N. climate talks in Egypt closed on Sunday with a resolution to address the dual crises of...

Published 21 Nov, 2022 06:17pm

COP27 summit cuts deal to fund climate damages

Delivers a major breakthrough on a fund for climate 'loss and damage'

Updated 21 Nov, 2022 09:51am

World

France regrets COP27’s ‘lack of ambition’ despite progress

PARIS: France on Sunday said it regretted the “lack of ambition” in the agreement reached at the COP27 climate...

Published 20 Nov, 2022 04:44pm

World

COP27 summit strikes historic deal to fund climate damages

SHARM EL SHEIKH: An often fraught UN climate summit wrapped up on Sunday with sweeping agreement on how to tackle...

Updated 20 Nov, 2022 04:17pm

World

COP27: China's climate envoy says expects cooperation with US to continue

SHARM EL-SHEIKH: China's top climate negotiator Xie Zhenhua said on Saturday he expects to continue direct...

Published 19 Nov, 2022 10:13pm

World

EU rejects ‘unacceptable’ emissions proposal at COP27

SHARM EL SHEIKH: The European Union on Saturday rejected as “unacceptable” a proposal from UN climate summit host...

Published 19 Nov, 2022 03:55pm

World

COP27 climate talks reach crunch time with big rifts remaining

SHARM EL-SHEIKH, (Egypt): UN Secretary-General Antonio Guterres urged world governments to “stand and deliver” a...

Published 18 Nov, 2022 05:53am

World

World hoped to crucify top oil supplier, Saudi says

SHARM EL SHEIKH: The world was hoping to crucify Saudi Arabia as a top oil exporter, its energy minister said on the...

Updated 11 Nov, 2022 11:13pm

Markets

Saudi oil minister says OPEC+ remains cautious on production

Saudi Arabia’s energy minister said OPEC+ will remain cautious on oil production, noting that members saw...

Published 11 Nov, 2022 09:30pm

World

Biden arrives in Egypt for COP27 climate crisis summit

SHARM EL SHEIKH: President Joe Biden arrived Friday in Egypt to attend the COP27 climate conference, with the White...

Published 11 Nov, 2022 08:05pm

Markets

Oman energy minister sees oil prices going down after winter

SHARM EL-SHEIKH: Oman's energy minister Salim al-Aufi said on Tuesday he saw oil prices coming down from the range ...

Published 08 Nov, 2022 10:15pm

World

COP27: UAE and Egypt agree to build one of world's biggest wind farms

SHARM EL-SHEIKH: The presidents of the United Arab Emirates (UAE) and Egypt witnessed the signing of an agreement on...

Updated 08 Nov, 2022 08:22pm

World

COP 27: World Bank will host facility for climate disaster risk

SHARM EL-SHEIKH: The World Bank will host a new facility that will help countries that suffer heavy economic loss...

Published 08 Nov, 2022 05:16pm

World

COP27: Big Oil must pay for climate change, poor nations tell rich

SHARM EL-SHEIKH: Leaders from poor countries criticized wealthy governments and oil companies for driving global...

Published 08 Nov, 2022 05:07pm

Pakistan

'Nature-based solutions' heart of Pakistan’s climate action agenda: PM Shehbaz

Speaking at COP27, PM says schemes will help reduce greenhouse gas emission and minimise losses and damage from climate change

Updated 08 Nov, 2022 02:52pm

World

IMF chief says $75/ton carbon needed by 2030

SHARM EL-SHEIKH, (Egypt): The price of carbon needs to average at least $75 a ton globally by the end of the decade...

Published 08 Nov, 2022 05:57am

PM seeks debt relief, climate compensation

Speaks at the COP27 climate conference alongside UN Secretary-General Antonio Guterres

Updated 08 Nov, 2022 09:52am

World risks ‘collective suicide’: UN chief

SHARM EL SHEIKH, (Egypt): UN chief Antonio Guterres warned world leaders at a climate summit in Egypt on Monday that...

Updated 08 Nov, 2022 09:39am

PM vows to complete current IMF programme

CAIRO: Prime Minister Shehbaz Sharif said on Monday expressed the commitment to complete the current International...

Updated 08 Nov, 2022 09:46am

World

Gates Foundation gives $1.4bn climate help to smallholder farmers

SHARM EL-SHEIKH: The Bill & Melinda Gates Foundation has pledged $1.4 billion to help smallholder farmers cope...

Published 07 Nov, 2022 06:38pm

Markets

UAE will remain oil and gas supplier as long as there is need

CAIRO: The United Arab Emirates will remain a supplier of oil and gas for “as long as the world is in need”, its...

Published 07 Nov, 2022 05:02pm

Pakistan

PM arrives in Egypt

SHARM EL-SHEIKH: Prime Minister Shehbaz Sharif on Sunday arrived here in Egypt to participate in the “Sharm...

Published 07 Nov, 2022 05:49am

COP27 kicks off

SHARM EL-SHEIKH, (Egypt): Delegates from nearly 200 countries kicked off the UN climate summit in Egypt on Sunday...

Updated 07 Nov, 2022 10:16am

World

Biden will attend COP27 climate summit: White House

WASHINGTON: US President Joe Biden will attend next month’s COP27 United Nations climate summit in Egypt, the White...

Published 29 Oct, 2022 10:28am

World

EU calls for ‘ambitious targets’ ahead of COP27 summit

LUXEMBOURG: The EU set out its position for the COP27 climate summit on Monday in a text that called for “ambitious...

Published 25 Oct, 2022 09:38am

World

EU to urge big polluters to toughen climate pledges by COP27 summit

BRUSSELS: The European Union will urge the world’s biggest economies to improve their targets to fight climate...

Published 25 Aug, 2022 02:44pm

World

Climate change compensation fight brews ahead of COP27 summit

BRUSSELS: Tensions are mounting ahead of this year’s UN climate summit, as vulnerable countries ramp up demands for...

Published 08 Aug, 2022 10:27am

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

Markets →

Budget 2024-25: income tax calculator for FY25

COP27 summit

Most Popular