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 / Jan 22	278.92
USD PKR Interbank Buying / Jan 22	278.72
USD to Japanese Yen / Jan 22	155.66
USD to Swiss Franc / Jan 22	0.91
Pound Sterling to USD / Jan 22	1.23
Euro to USD / Jan 22	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
Nasdaq / Jan 21	19,756.78
Dow Jones / Jan 21	44,025.81
India Sensex / Jan 22	76,197.90
Tokyo Nikkei / Jan 22	39,646.25
Hang Seng / Jan 22	19,778.77
FTSE 100 / Jan 22	8,579.82
Germany DAX 30 / Jan 22	21,258.81

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Crude Oil USD/Barrel / Jan 22	75.52
Gold Spot USD/Ounce / Jan 22	2,751.94
Cotton US¢/pound / Jan 22	67.34
Petrol/Litre / Jan 23	256.13

Gainers
Losers
Leaders

Stock	Price
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.49 ▲ 0.96 (10.07%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Pak Elektron (Pref) / Jan 22 Pak Elektron Limited (Preference)(PELPS)	14.94 ▲ 1.36 (10.01%)
Ashfaq Textile / Jan 22 Ashfaq Textile Mills Limited(ASHT)	15.51 ▲ 1.41 (10.00%)
Crescent Cotton / Jan 22 Crescent Cotton Mills Limited(CCM)	54.45 ▲ 4.95 (10.00%)
Fecto Cement / Jan 22 Fecto Cement Limited(FECTC)	116.40 ▲ 10.58 (10.00%)
Fateh Sports / Jan 22 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10.00%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.30 ▼ -0.70 (-11.67%)
Nagina Cot. / Jan 22 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Zahid Jee Textile / Jan 22 Zahidjee Textile Mills Limited(ZAHID)	27.21 ▼ -3.00 (-9.93%)
Gulistan Sp. / Jan 22 Gulistan Spinning Mills Limited(GUSM)	11.58 ▼ -1.26 (-9.81%)
TPL Life Insur. / Jan 22 TPL Life Insurance Limited(TPLL)	51 ▼ -5.50 (-9.73%)
Masood Textile / Jan 22 Masood Textile Mills Limited(MSOT)	49.05 ▼ -5.27 (-9.70%)
Karam Ceramics / Jan 22 Karam Ceramics Limited(KCL)	55.98 ▼ -5.92 (-9.56%)
Mari Energies / Jan 22 Mari Energies Limited(MARI)	598 ▼ -61.53 (-9.33%)
Hala Enterprise / Jan 22 Hala Enterprises Limited(HAEL)	12.10 ▼ -1.21 (-9.09%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.04
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	99,158,485 ▼ -0.07
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	83,500,175 ▲ 3.03
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.02
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 3.23
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▼ -0.08
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 1.04
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.10
Fauji Foods Ltd / Jan 22 Fauji Foods Limited(FFL)	18,601,390 ▼ -0.41

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lockdowns in Europe

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