Trends - lockdowns in Europe - Business Recorder

lockdowns in Europe

Portugal's first-quarter tourist arrivals slump 92pc amid COVID curbs

Earlier on Friday, the statistics office showed Portugal's tourism-dependent economy contracted 3.3% in the first quarter from the preceding three months.
Overnight stays by Britons, one of the country's biggest foreign markets, fell 94% from a year ago, the INE said.

Published 30 Apr, 2021 04:58pm

World

Pandemic upsurge hits Europe recovery hopes

Credit insurer Euler Hermes estimates that the EU is now seven weeks adrift of its target to have 70 percent of the population vaccinated by the end of the summer, compared with five weeks in February.

Updated 28 Mar, 2021 05:32pm

Business & Finance

Aussie, kiwi down

SYDNEY: The Australian and New Zealand dollars nursed painful losses on Wednesday as investors abandoned bets on...

Published 25 Mar, 2021 05:08am

Markets

Oil extend losses amid gloomy demand outlook

In other parts of the world, Brazil registered its second deadliest day in its COVID-19 pandemic, with 2,724 deaths, while India on Friday reported its highest daily increase of new COVID-19 cases in more than three months.

Published 19 Mar, 2021 11:15am

Markets

Diesel storage in Scandinavian caverns unwinding

This compares with 180,000 tonnes of diesel/gasoil that arrived over the whole of 2019 into the same ports.
About 80% of these arrivals originated from ports in Russia, they said.

Updated 09 Mar, 2021 09:33pm

Markets

Asian markets mixed as inflation fears play against recovery hopes

The US troubles overshadowed Riyadh's decision to ease production cuts within the next few months.

Published 18 Feb, 2021 10:05am

World

Lockdown still needed in Denmark to combat new virus variant

Denmark instituted hard lockdown measures in December after seeing infections rise exponentially and in particular to curb the spread of the new B.1.1.7. variant, first identified in Britain.
We are down to some very low infection rates and if it were not for the darned B.1.1.7., we would be able to relax.

Published 05 Feb, 2021 09:01pm

World

Norway to gradually ease capital's COVID-19 lockdown from Feb 3

Infections are going down continuously in Norway and we now have a better overview over the outbreak and spread.
The situation in the capital region remains uncertain, however, and the easing will therefore be gradual.

Published 30 Jan, 2021 05:59pm

World

German minister warns against relaxing COVID-19 measures too soon

Spahn told a news conference that new, more transmissible strains of the virus made it imperative to reduce case numbers further.
Germany, in lockdown since early November, reported over 800 deaths and almost 18,000 new infections on Friday.

Published 22 Jan, 2021 04:15pm

Business & Finance

Irish GDP likely grew 2.5% in 2020 despite COVID shock

The Irish government in October forecast a 2020 GDP contraction of 3.5%. Stockbrokers Davy on Thursday forecast Irish GDP growth of 3.3% in 2020 and 4.8% in 2021.

Published 22 Jan, 2021 12:13pm

Markets

Asian currencies rise as US stimulus push hurts dollar; BNM holds fire

Asian currencies and bonds have lagged as the prospect of more government spending under a Joe Biden administration pushed up US treasury yields earlier this month, reducing the appeal of some of the region's high-yielding government debt.

Published 20 Jan, 2021 02:10pm

Markets

Europe Inc earnings seen jumping 44pc in Q1 despite lockdowns

Estimates for the first quarter -- relating to companies listed on the STOXX 600 equity benchmark -- slightly increased compared to last week.
For the fourth quarter of 2020, analysts expect a 26.2% drop in earnings, largely unchanged from last week.

Published 19 Jan, 2021 09:07pm

World

Latest on worldwide spread of the coronavirus

Faced with new record infection rates, Spain has begun giving second shots of coronavirus vaccines to elderly nursing home residents.

Published 19 Jan, 2021 10:19am

Markets

Yen gains, euro squeezed as recovery doubts creep in

Elsewhere, the Canadian dollar slipped 0.2% after reports that Joe Biden plans to soon rescind permission for the Keystone XL pipeline, a project which would link oil sands in Alberta to refineries in Texas.

Published 18 Jan, 2021 10:55am

World

Lebanon enters strict lockdown to stem coronavirus uptick

The heightened restrictions, which include a 24-hour curfew until January 25, come after some hospitals started to run out of beds to treat Covid patients.

Published 14 Jan, 2021 01:38pm

World

Swiss boost coronavirus restrictions, shy away from full lockdown

The country also eased rules on allowing pandemic-hit businesses to apply for state financial aid in hardship cases.
Switzerland, which has so far taken a lighter touch to restricting business and public life, said it will close shops selling non-essential supplies from Monday.

Published 13 Jan, 2021 06:52pm

World

Portugal reports record daily increase in COVID-19 cases, deaths

Data from the DGS health authority showed 10,176 new cases and 118 deaths compared to the previous day.
The final decision will be taken after meeting health experts on Tuesday, Costa said.

Published 08 Jan, 2021 08:10pm

Business & Finance

Maersk says European lockdowns have not dented demand for shipping

There are simply not enough containers in the world to cope with the current demand.
We don't really see a big change in demand, even with new lockdowns in Europe.

Published 06 Jan, 2021 05:03pm

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

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lockdowns in Europe

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