TeleSchool project best Inside Pages: Friday #2: Businesses are not more vital than lives: Ghani April 24, 2020 way to impart education #2: 86 more factories allowed operations in Sindh Shaban 30 #3: Govt allows export of textile masks: Razak Vol#13 Issue# 258 amid lockdown #3: NAB Executive Board approves six inquires Pages 8 Rs 20 See Page 8 #4: Oil drop below zero for first time KARACHI EDITION TOP NEWS:::FOREIGN EXCHANGE: STATE BANK RESERVES FALL $85MN TO $10.89BN

Economic Indicators Option of imposing smart lockdown under consideration: Discusses Forex Reserves (17-Apr-2020) $17.300bn Inflation CPI% (Jul 19-Mar-20) 11.80% Punjab situation with Buzdar; Rs.2.76bn have been raised for fund; Exports (Jul 19-Mar-20) $17.45bn Imports (Jul 19-Mar-20) $34.81bn Govt to take action if anyone tries to violate the 20-point SOPs: PM Trade Balance (Jul 19- Mar-20) $(17.36)bn Current A/C (Jul 19-Mar 20) $(2.77)bn Remittances (Jul 19 - Mar 20) $16.99bn Foreign Investment (Jul 19-Mar-20) $2.376bn Revenue (Jul 19-Mar 20) Rs 3,063bn Next four weeks Foreign Debt (Dec-19) $111.05bn Domestic Debt (Feb-20) Rs 22,651bn Repatriated Profit (Jul 19-Feb 20) Rs 0.994bn LSM Growth (Jan-20) -5.96% GDP Growth FY19 3.40% Per Capita Income FY19 $1,561 Population 208.84 critical in terms Portfolio Investment SCRA(U.S $ in million) Yearly(Jul, 2019 up to 22-Apr-2020) 626.56 Monthly(Mar, 2019 up to 22-Apr-2020) -576.15 Daily (22-Apr-2020) -65.52 of infections and Total Portfolio Investment (17-April-2020) 1,888 NCCPL (U.S $ in million) FIPI (23-Apr-2020) -2.11 Local Companies (23-Apr-2020) -0.05 Banks / DFI (23-Apr-2020) -0.29 Mutual Funds (23-Apr-2020) 1.85 deaths, says PM Insurance Companies (23-Apr-2020) 1.86 Local Investors (23-Apr-2020) 0.06 No compromise would be made on security, integrity and sovereignty Other Organization (23-Apr-2020) -0.18 of the country, Imran tells at the briefing held at the ISI headquarters; PMEX Commodity Index. ISLAMABAD: Prime Minister Imran Khan at Ehsaas Telethon, here Thursday. - PID photo Opening 3,481 PM was accompanied by COAS Bajwa, federal ministers & advisors Closing 3,333 ISLAMABAD: Prime Minister in donations with the telethon He made it clear that an "indef- Change -148.00 Vows FM Shah Mahmood Qureshi Ramazan moon Imran Khan Thursday warned alone raising Rs550 million. inite lockdown" is not an option % Change -4.25 that the next three to four weeks Sui Southern Gas Company and any decision regarding a Volume (Lots) 15,728 not sighted in can be critical for Pakistan in (SSGC) made a donation of Rs30 smart lockdown should be for Global Indices terms of coronavirus infections million while Managing Director "all Pakistanis and not just the Efforts afoot Pakistan: and deaths. EBM Zalif Munir donated Rs100 elite". Index Close Change KSE 100 32,850.83 386.60 The Prime Minister said this million. Khan said that lockdown in Nikkei 225 19,429.44 291.49 Mufti Muneeb while speaking at the largest CEO Petroleum Khalid Riaz India and Singapore badly affect- Hang Seng 23,977.32 83.96 ISLAMABAD: The chairman Ehsaas Telethon being simultane- donated Rs2 million while ed the poor people, and now Sensex 30 31,863.08 483.53 for return of of Ruet-e-Hilal Committee, ously telecast by the PTV and Salamat Ali from Faisalabad countries like the United States, ADX 4,062.99 75.93 Mufti Muneebur Rehman private TV channels for raising pledged a donation of Rs200 mil- are also thinking to impose 'smart SSE COMP. 2,838.50 -5.48 Thursday said that the moon funds to fight COVID-19. lion. lockdown' despite deaths of over FTSE 100 5,826.61 55.98 was not sighted in all parts of The live telethon organized for He said that imposition of 'bal- 40,000 citizens. raising money for the coron- anced and smart lockdown' on The Prime Minister expressed *Dow Jones 23,778.79 302.97 Pakistanis in the country and the Ramazan *Last Updated 20:00 PS will fall on Saturday (April 25). avirus relief fund concluded with the pattern of western countries confidence that the government a total of Rs 2.76 billion being will be an effective and viable will take further decisions in con- Commodities Mufti Muneebur Rehman made the announcement after raised. option under prevailing situation sultations with all stakeholders to *Crude Oil (brent)$/bbl 22.29 chairing the meeting of Prime Minister Imran Khan in the country. He said the gov- resolve issues being faced by the *Crude Oil (WTI)$/bbl 17.60 Gulf, earliest See#4 Page7 took part in the telethon which ernment is mulling the option of people living below the poverty *Cotton $/lb 56.51 ISLAMABAD: Foreign Minister the opening of remaining airports attracted extremely generous imposing smart lockdown in the line. He said that war against *Gold $/ozs 1,751.20 Shah Mahmood Qureshi has said has enhanced Pakistan's capacity donations from Pakistani citizens country to wisely provide relief coronavirus pandemic can only *Silver $/ozs 15.64 that efforts are underway to bring to bring back six to seven thou- Rupee gains all over the globe. The fund has to labour class, daily wagers and be won through national Malaysian Palm $ 479 back the stranded Pakistanis from sand Pakistanis from abroad amassed a total of Rs2.76 billion lower-middle strata of society. See#5 Page7 Gold 24K per 10 Grams 88,762 Gulf States at the earliest. every week. more strength KHI Cotton 40Kg PKR 9,602 In a statement on Thursday, the Shah Mahmood Qureshi said Moody's expects Pakistan's GDP to grow by over 2pc in 2021 *Last Updated 20:00 PST foreign minister said that screen- the coronavirus has badly affect- as dollar slips ing is being done at the airports ed the economy of the world. He GDR update and quarantine facilities have said this pandemic will also Symbols $.Price PKR/Shares to Rs159.98 239.67 also been expanded there. increase pressure on Financial support lowers 3.00 MCB (1 GDR= 2 Shares) The foreign minister said that See#1 Page7 KARACHI: Pakistani rupee 9.20 147.00 OGDC (1 GDR= 10 Shares) continued gaining strengthen 6.40 255.65 UBL (1 GDR= 4 Shares) against the US dollar on 9.10 363.50 LUCK (1 GDR= 4 Shares) Pakistan expresses Thursday and gained 38-paisa Pakistan financing risks 31.54 201.58 HUBC (1 GDR= 25 Shares) in its value in interbank. ISLAMABAD: Substantial effects and the government's 10% of GDP in fiscal 2020 (end- Money Market Update The US dollar was traded at financial support from Rs1.2 trillion stimulus package. ing June 2020) from 8.9% in fis- T-Bills (3 Mths) 22-Apr-2020 8.21% Rs159.98 against Rs160.36 on International Monetary Fund The stimulus provides tax con- cal 2019, despite strong revenue T-Bills (6 Mths) 22-Apr-2020 7.88% concern on India's last trading day (Wednesday), (IMF), Asian Development Bank cessions for households and busi- growth narrowing the deficit in T-Bills (12 Mths) 22-Apr-2020 7.32% according to a tweet of State Policy Rate 17-Apr-2020 9.00% (ADB), International nesses, including the export and the first half of fiscal 2020," said Kibor (1 Mth) 23-Apr-2020 9.21% Bank of Pakistan (SBP). Development Association (IDA) healthcare sectors, and direct Moody's. Kibor (3 Mths) 23-Apr-2020 9.31% anti-Muslim plans The recent increase in the and G20 creditors reduces cash handouts to support socially The government revenue in the Kibor (6 Mths) 23-Apr-2020 7.77% local currency is mainly due to Pakistan's financing risks, said vulnerable and low-income earn- first half of this year rose almost 23-Apr-2020 Kibor (9 Mths) 7.72% ISLAMABAD: Pakistan has Spokesperson Aisha Farooqui $1.4 billion received from IMF Moody's on Thursday. ers laid off because of the coron- 40% from a year earlier, with tax Kibor (1 Yr) 23-Apr-2020 7.58% expressed deep concerns over the regretted that these policies per- and deferment in payments of P.I.B (3 Yrs) 15-Apr-2020 8.53% Moody's expects that Pakistan's avirus outbreak. "Consequently, revenue up by 18% and nontax P.I.B (5 Yrs) 15-Apr-2020 8.71% discriminatory and anti-Muslim sist regardless of the challenge foreign debt. financing needs will rise because we expect the stimulus to widen revenue more than P.I.B (10 Yrs) 15-Apr-2020 8.97% policies and practices of the RSS- posed by COVID-19 pandemic. During the last four days, of coronavirus-related economic the government deficit to 9.5%- See#6 Page P.I.B (15 Yrs) 15-Apr-2020 10.45% inspired Indian government. She pointed out that a system- Pakistani rupee has been P.I.B (20 Yrs) 15-Apr-2020 10.70% In her opening statement at the atic campaign is unfortunately strengthened by Rs3.59 against 15-Apr-2020 P.I.B (30 Yrs) 11.00% weekly press briefing here on underway in India to the international currency. - TLTP Open Mkt Currency Rates Thursday, Foreign Office See#2 Page7 5G in no way responsible Symbols Buy (Rs) Sell (Rs) Gold price Australian $ 92.25 97.25 Canadian $ 105.00 110.00 rises Rs2,500 Danish Krone 22.60 22.90 Pakistan now only for corona spread: ITU Euro 180.25 183.00 Hong Kong $ 20.00 20.25 per tola ISLAMABAD: The latest gener- 5G can carry a huge amount of Birmingham, was reportedly set : ation of fast broadband, com- data much faster than previous alight in April. Japanese Yen 1.500 1.530 ISLAMABAD: Gold prices Saudi Riyal 40.00 41.00 monly known as 5G, is in no way technology, and reliably connect A spokesperson for ITU, South Asian state increased by Rs2,500 to reach Singapore $ 106.00 110.00 responsible for the spread of the an extremely large number of Monika Gehner said that the the- Swedish Korona 15.30 15.55 Rs96,400 per tola in local mar- COVID-19 virus, confirmed the devices, says the ITU, allowing ory of a link between 5G and Swiss Franc 160.15 161.05 kets on Thursday. International future users to access a wide vari- COVID-19 is "a hoax that has no U.A.E Dirham 41.00 42.00 to be ranked as G4 Likewise, the rate of 10 grams Telecommunications Union ety of services, including indus- technical basis." of the precious metal rose by UK Pound 189.00 195.00 ISLAMABAD: Pakistan has Authority (PTA) on Thursday. (ITU), the UN's agency for infor- trial and professional applica- "The coronavirus is not being Rs2,142 to Rs82,647. US $ 158.00 160.50 been ranked as the 4th According to ITU's report, mation and communication tech- tions. spread by radio waves", she Meanwhile, Gold in interna- Weather Forecast Generation Regulator (G4) by "Global ICT Regulatory Outlook nologies. During the current pandemic, added. "It's a real shame, during tional market rose to a one- Cities Max-Temp Min-Temp the International 2020 (GIRO)", Pakistan scored Since the beginning of the pan- communications technology is this time when there are real con- Islamabad 23°C 16°C week high on the expectation of Telecommunication Union (ITU) 88 out of 100 which means that demic, 5G phone masts have playing an essential role in ensur- cerns about the health and well- Karachi 35°C 26°C more stimulus from major cen- and has become the only country Pakistan's ICT regulations are led reportedly been damaged or ing that health services, many of being of the general public, and Lahore 29°C 17°C tral banks to limit the economic in South Asia to have achieved by economic and social policy destroyed in several European which are facing unprecedented the economic toll that the fight Faisalabad 29°C 18°C damage from the coronavirus Quetta 18°C 6°C this goalpost. goals. Pakistan is also among the countries, including Ireland, demand due to the pandemic, are against this pandemic is taking, pandemic, with most countries Rawalpindi 23°C 15°C Out of 38 economies in Asia- top 5 regulators in the entire Cyprus and Belgium. The prob- able to respond function effi- that any time or energy has to be extending lockdowns to curtail Pacific, only 8% states have Asia-Pacific region with a global lem has been particularly acute in ciently: this was underlined when put into fighting this and other Inter-Bank Currency Rates its spread. the UK, where dozens of towers a phone mast supplying voice false rumours." Symbols Buying Selling managed to achieve G4 status, rank of 48. GIRO is built on Spot gold was being sold at were targeted, and engineers and data traffic to a hospital built The scale of the problem TT Clean TT & OD said a press statement issued by high-quality data provided $1,736.70 with an increase of $22.4 abused on the job, according to in response to the pandemic, in prompted the World Australian $ 101.26 101.53 Pakistan Telecommunication See#3 Page7 per ounce at 1545 GMT. - TLTP media reports. the major British city of See#7 Page Canadian $ 112.99 113.28 Danish Krone 23.18 23.24 Euro 172.90 173.38 Hong Kong $ 20.59 20.64 Crude price recovery helps market stay positive Japanese Yen 1.482 1.485 Saudi Riyal 42.40 42.53 Singapore $ 112.09 112.39 KSE-100 Index sees bullish session closing higher by 387 points Swedish Korona 15.84 15.89 Ghulam Raza Rajani market to end the buoyantly. KMI 30-Index improved by to index heavy weight E&P sec- from E&P sector posted consoli- for the next two quarters. UBL Swiss Franc 164.38 164.88 KARACHI: Market observed an The benchmark KSE-100 1,319.08 points to finish the day tor, where the sector closed 7% dated EPS of Rs.5.2 for its from the banking sector posted U.A.E Dirham 43.50 43.60 overall positive session closing index closed higher by 386.60 at 52,570.37 levels. higher on the back of recovery in 3QFY20 result announcement, consolidated 1Q2020 EPS of UK Pound 197.39 197.91 higher by almost by 1.2 per cent. point to close at 32,850.83 Nabeel Haroon at Topline international oil prices (WTI which was largely in line with Rs.3.98 along with a DPS of Recovery in international stock points. KSE All Share Index Securities said KSE 100 index trading comfortably above market expectation. Pressure was Rs.2.5, this result announcement US $ 159.78 160.16 exchanges assisted local market increased by 325.09 to end at remained largely in positive zone $15/bbl level). This recovery in observed in banking sector on the was better than the street estimate Subscribe now to start on positive note. Revival 23,211.98, KSE 30-Index during the day to close at 32,851 oil process can be attributed to back of SBP notice, where the due to higher than expected Net Tel: 92-21-35311893-6 in global crude price kept local enhanced by 198.43 points to level (up by 1.2%). This positivi- US president Donald Trump Central Bank has barred banking Interest Income booked the Fax: 92-21-35388427 Email: editor@ thefinancialdaily.com oil scrips in limelight helping conclude at 14,424.47 whereas ty in the market can be attributed aggressive take on Iran. PPL companies from paying dividend See#8 Page NATIONAL Friday, April 24, 2020 Industrialist Sindh Tajir Ittehad set seeks revised bills minus to open businesses in ISPA charges KARACHI: President SITE Association of Sindh, come what may Industry, Suleman Chawla has demanded Ministry of KARACHI: Sindh Tajir Ittehad on people and if a strict lockdown and fur- Power to restrain K- Thursday hinted at the possibility of a ther suspension of businesses was Electric from collecting protest campaign against the provincial required to achieve that then the govern- ISPA charges from the government. ment would go for it. industrial consumers and Members of the union said that they President All City Tajir Ittehad was immediately issue revise would give themselves up for voluntary taken under arrest by local police over bills minus ISPA charges arrests if a mechanism to open businesses allegations of defying coronavirus lock- with one week extended, was not put into action. down restrictions. last date for payment for Members of the Tajir Ittehad also The police took President All City Tajir the current K-Electric bills KARACHI: Federal Minister for Maritime Affairs Syed Ali Haider Zaidi chairs a briefing during his visit claimed that Sindh government did not Ittehad Hammad Poonawala into custody is 30th April 2020, says a to Port Qasim Authority, here Thursday. - PID photo care for its traders and daily wage earners along with four others. Press release. and has left them to God's mercy alone. The traders had forcibly opened shops Giving details Chawla The members also threatened the gov- disregarding government orders, the stated that K-Electric is ernment saying that the time for dialogue police therefore took action and 'Iron charging Industrial Support Businesses are not more was now over and markets all over the Market' area of the metropolis was com- Package Adjustment (ISPA) province would now be opened, come pletely shut down. amount for the period July what may. All City Tajir Ittehad members have 2019 to December 2019. Provincial Minister for Education and claimed that the police roughed them up He added that industries Labour, Saeed Ghani said that the gov- and forced them to shut down shops. - have sold their products vital than lives: Ghani based on then applicable ernment's priority was the safety of the NNI rates of electricity and col- KARACHI: "Businesses are don't like it. viding businessmen relief. lection of this amount is never more important than the Hence, as Ghani put it, the chief Paracha was frustrated with the unjustified as this is past lives and health of people." minister has decided to get the Sindh government's decision. The and closed transaction. This was stated by Sindh Centre and Prime Minister Imran Centre says that provinces are free "It is worth to be noted that at this crucial time, Education Minister Saeed Ghani Khan's approval before making to do what they want to, but the industries are unable to pay while speaking to a private televi- any move related to prevention of CM is acting in other direction, their labors, factories are sion channel Thursday. the coronavirus. said Paracha. close, and many units are The minister was addressing the Since the lockdown was He said authorities concerned afraid of bankruptcy which reservations of traders who want imposed on March 23, different could seal their shops if they find will result in huge unem- market operations to resume. trade bodies have called on Chief any shopkeeper violating the ployment", he pointed out. Ghani said markets will be Minister Murad Ali Shah and sev- SOPs that prevent COVID-19 reopened once the Sindh govern- eral of his ministers to reopen from spreading, but at least allow Last date for ment gets the green light from the markets. them to earn their livelihoods. federal government, which will If they want to open markets on When asked how could the renewal of take three to four more days. alternative days, we can manage traders guarantee doing social dis- membership For this decision, Ghani cited that too, the traders say. tancing when they were holding Sindh's decision of imposing a Sindh Tajir Ittehad Chairman press conferences without practic- May 31: KCCI province-wide lockdown on its Jameel Paracha also appeared on ing it, Paracha said media briefin- KARACHI: Referring to a own. He was of the view that the the show and complained that the gs and market work is different. notification issued by province might be autonomous Sindh government and Centre He assured, however, that Directorate General of enough to take various decisions, were throwing the decision in traders will take care of it at future Trade Organizations but once it does, certain entities each other's court instead of pro- press conferences. - NNI (DGTO), the spokesman of Karachi Chamber of KARACHI: Commissioner Karachi Iftikhar Shallwani inspecting one of Commerce & Industry the super stores he visited today. He later sealed six super stores for not fol- (KCCI) has informed that lowing the set-out social distance and for violation of government rates at the last date for renewal of PIA to operate more relief their stores, here Thursday. KCCI's membership has been extended from April 30, 2020 to May 31, 2020 due to the outbreak of coro- Bail pleas of traders navirus pandemic, says a flights to bring stranded Press release. KCCI has requested all KARACHI: Pakistan The special flight will bring demic to contact the airline's its members to get their International Airlines (PIA) on 300 passengers from Australia call centre and provide their arrested for violation membership renewed Thursday announced that it will and will land at Islamabad air- local numbers for coordination. before May 31, 2020 to avoid any inconvenience. operate more relief flights to port on Friday. The numbers would be used to Members can get their bring back stranded Pakistani Pakistan International Airlines inform the passengers regarding of lockdown rejected membership renewed by passengers from Australia and (PIA) also decided to operate 53 booking procedures, flight sus- KARACHI: A local court on Thursday Karachi traders summoned an emer- visiting KCCI's member- South Korea. special flights from next week to pension and others details per- rejected a request to set free a number of gency meeting earlier in the day after ship department which According to PIA spokesper- facilitate Pakistanis stranded taining to changes made in the traders, including a trade body leader, their deadline to the Sindh government to remains partially open with son, the special flights will abroad. flight operations. limited number of staff and apprehended for flouting regulations dur- resume businesses in the metropolis operate from Islamabad airport According to details, the Meanwhile, the national flag ing coronavirus lockdown. expired Wednesday. The Sindh govern- office timings for member- ship renewal only whereas on Thursday and Friday to bring flights would be operated for carrier has also announced to The court sent President All City Tajir ment had asked the traders to wait till the Karachi Chamber has back the Pakistanis stuck in Algeria, Khartoum, Nairobi, lower its fares after the CEO Air Ittehad Hammad Poonawala and other Tuesday before they finalise the SOPs also provided the facility to Australia and South Korea. Oman, Zurich, Amsterdam, Marshal Arshad Malik took traders to jail on a 14-day judicial needed to resume businesses. submit renewal fee online A PIA special flight will leave Turkey and Jeddah to bring the notice of the higher fares remand. It rejected bail applications Sindh Tajir Ittehad on Thursday hinted to KCCI's Account # 6-11- moved by their lawyers seeking their at the possibility of a protest campaign for Seoul from Islamabad Pakistani citizens. charged from overseas 12-20311-714-206195 Thursday and will bring back The PIA has asked the passen- Pakistanis returning to the coun- release on bail. against the provincial government. The from any branch of Habib Karachi police had taken them into member of the union said that they would Metropolitan Bank (HMB) 300 nationals, while another gers who were unable to travel try. "Tickets with updated fares custody on the charge of breaching lock- give themselves up for voluntary arrests while a scanned copy of PIA flight PK-8692 will leave to Pakistan from these destina- will now be available on the e- down regulations the other day. if a mechanism to open businesses is not payment receipt along with for Melbourne on Friday, he tions due to suspension of flight ticketing system," said the PIA Muhammad Ahsan, Muhammad Khalil, put into action. proof of Income Tax Return added. operations amid COVID-19 pan- spokesman. - TLTP Javed Abdul Shakoor, Malik Aqeel and Members of the Tajir Ittehad also and Sales Tax Return (If Faisal Hassan are among the accused. claimed that Sindh government does not Applicable) for the preced- Earlier on Wednesday, the traders care for its traders and daily wage earn- ing year, which are manda- forcibly opened shops disregarding gov- ers and has left them to God's mercy tory, must be emailed at Four more Larkana localities ernment orders, the police, therefore, alone. [email protected] or mem- took action and 'Iron Market' area of the The members also threatened the gov- [email protected]. metropolis was completely shut down. ernment saying that the time for dialogue All City Tajir Ittehad members claimed is now over and markets all over the IBA Acting sealed to stop virus spread that the police roughed them up and province would now be opened, come LARKANA: After sharp increase Mohallah and Bakrani are already According to the minister, a forced them to shut down shops. what may. - TLTP ED's father in the local transmission of coron- completely sealed. major issue would emerge in case avirus cases in Larkana, four more Nobody is allowed to visit the an entire UC was sealed. He had 86 more factories allowed passes away localities of the city have been sealed areas, as the number of said the East deputy commissioner KARACHI: Institute of completely sealed by the local cases has jumped to 21 as com- had been asked by the Sindh gov- Business Administration administration. pared to 14 yesterday. ernment to take the corrective mourns the death of the The areas of Ali Goharabad, Earlier, the Karachi's deputy com- measures. operations in Sindh father of Dr. Sayeed Ghani, Samiabad, Samtia Road and Kafla missioner had ordered the closure of Only those streets would be sealed KARACHI: The Sindh government the SOPs amid coronavirus outbreak, the the Institute's Acting Sirai have been completely sealed 11 areas of the metropolis where where people affected from coron- has granted permission to 86 more notification reads. Executive Director and after the number of coronavirus new cases of coronavirus patients avirus were present, Shah clarified. industries to resume their operations It may be noted that the Sindh govern- Associate Dean, Faculty of cases detection. had been identified as Sindh's He said sealing the entire UCs after submission of undertaking to fully ment has allowed 151 industrial units to Computer Science. His father passed away Streets and the roads coming to infected tally continues to surge. would create serious problems. follow the SOPs designed by the gov- resume their operations in the province the areas have been sealed by plac- Sindh Information and Local 4590 patients have been tested ernment in the wake of coronavirus out- earlier. Wednesday, says a Press release. ing tents, while heavy contingents Government Minister Syed Nasir positive for the epidemic in break. Last week, the provincial authorities They prayed for the of the police have been deployed Hussain Shah had said not the Punjab, 3373 in Sindh, 1453 in In a notification issued by the Sindh had sealed three factory units in Karachi departed soul to rest in eter- home department, 86 factories were for violating standard operating proce- in the sealed areas to ensure com- complete UCs but only the affect- Khyber Pakhtunkhwa, 552 in nal peace and give the plete lockdown. ed localities in the 11 UCs of Balochistan, 290 in Gilgit- allowed to resume their operation to dures (SOPs) issued by the Sindh gov- bereaved family courage to complete their pending orders. ernment to contain the spread of bear this irreparable loss It may be noted that three locali- District East would be under a Baltistan, 204 in Islamabad and 51 The units would be bound to follow COVID-19. - TLTP with fortitude. ties of the city Darri, Nawan complete lockdown. in Azad Kashmir. - NNI Industries to be opened gradually: Chief Secretary Sindh KARACHI: Chief Secretary and salaries should be SESSI and EOBI be suspend- steps in this regard. Sindh Mumtaz Ali Shah said financed from the Workers ed for one year, assured the He further said that the Govt that Sindh Govt is cognizant Welfare Fund and SESSI delegation that the Federal understands the need to also about the economic impact of reserves, the Chief Secretary, Govt would be contacted to allow downstream industries closure of factories and is who was assisted by facilitate the industries of export-based enterprises to committed to allow the indus- Additional Chief Secretary because it is a genuine demand function otherwise the export- tries to function gradually. Home, Usman Chachar and when industries are facing a based industries would not be However, industrialists have Secretary Labor, Abdul financial crunch. able to run without continuous to give an undertaking that all Rasheed Solangi, understood "The limit of 55 years is only supply of accessories and prescribed SOPs would be the proposal and advised the for workers and not for man- material produced by the complied in letter and spirit as Labor Secretary to discuss agement personnel. He cate- downstream industries. the government is seriously with Labor Minister Saeed gorically disagreed with the Chief Secretary Sindh determined to control COVID- Ghani to immediately hold a demand that the Undertaking requested the employers to 19. He was talking in meeting meeting of the Boards of condition that employers have assist the government during with Majyd Aziz, President WWF and SESSI and to final- to sign should be withdrawn", this crisis and hoped that pri- Employers Federation of ize modalities to either give Chief Secretary also informed. vate sector would refrain from Pakistan, Khalid Junejo, interest-free loans or at least Mr. Shah also agreed that litigation in the larger national Director, and Fasihul Karim 50% subsidy from these funds. SMEs must be fully supported interest. He also assured that Siddiqi, Secretary General in Mumtaz Ali Shah in his KARACHI: Mumtaz Ali Shah, Chief Secretary Sindh met a delegation of Employers Federation to maintain their sustainability his office would henceforth his office, says a Press release. response to the suggestion that of Pakistan (EFP) comprising Majyd Aziz, President, Khalid Junejo, Director, Fasihul Karim and save them from financial regularly consult with EFP and Responding to the demand utility bills from SSGC and Siddiqi, Secretary General. Usman Chachar, Additional Chief Secretary Home & Abdul Rasheed disaster. He said that the gov- appreciated the positive role of of EFP that the workers' wages KE and contributions to Solangi, Secretary Labour are also seen in the meeting. ernment has taken relevant EFP during this crisis. NATIONAL Friday, April 24, 2020 Amin directs USF to expedite fiber optics cable laying work ISLAMABAD: Federal Minister for He said that in next financial year, con- Information Technology and tracts of 15 projects would be awarded for Telecommunication Syed Amin-ul-Haque provision of mobile broadband and hi- Thursday directed Universal Service Fund speed internet in unserved areas. (USF) to expedite work on projects of lay- Haq lauded the performance of Universal ing fiber optics cable. Service Fund and emphasized the need of Chief Executive Officer (CEO) Universal maintaining transparency and merit while ISLAMABAD: Federal Minister for Railways Sheikh Rashid Ahmed chairs a high level meeting regarding Rawalpindi Nullah Lai Service Fund (USF) Haaris Mahmood awarding contracts for providing broad- Expressway, here at Ministry of Railway, Thursday. - PID photo Chaudhry during a meeting also briefed the band services. He also directed CEO USF minister about the working and projects of to expedite the work on the projects of lay- the USF being carried out various parts of ing fiber optics cable. India speeded PTV to live telecast Taravih prayers in Ramazan: Firdous the country, said a press release issued here. Meanwhile, MD Telecom Foundation The CEO apprised the minister that the (TF) Zooma Mohiuddin also called on the up atrocities USF had awarded contracts of eight proj- minister and briefed him about the working in IoK amidst ects in the current financial year so far for and projects of the TF. Violators of SOPs during the provision of hi-speed broadband servic- Managing Director National virus: Masood es in unserved areas of the country and the Telecommunication Corporation (NTC) contract of two more projects would be Brig (Retd) Viqar Rashid Khan also met ISLAMABAD: President awarded in the end of current financial with the federal minister for IT and Azad Jammu & Kashmir year. telecommunication. - TLTP lockdown to be dealt with (AJK) Sardar Masood Khan has said that India has ISLAMABAD: Special Assistant to try can create economic issues for the and paramedical staff as they were intensified atrocities in the Prime Minister on Information and middle class and low-income people, fighting against the fatal disease", she Indian Occupied Kashmir Broadcasting Dr Firdous Ashiq Awan so the government would cordon off said adding the government is focused (IoK) amidst coronavirus said on Thursday that strict action the areas where corona cases would on the safety of the masses. challenge. would be taken against the violators of emerge," she further added. Meanwhile, Dr Awan said in a tweet He made the remarks dur- Standard Operating Procedures After the 18th amendment the that on the directives of the Prime ing his visit to National (SOPs) during lockdown. provincial governments are free to Minister, Pakistan Television (PTV) Disaster Management The government has been consider- take measures for the welfare of pub- has arrangements for live telecast of Authority here on Thursday ing constituting committees to ensure lic; however, the federal government Taraweeh prayers during the holy where he met with NDMA the complete implementation of SOPs would support the provincial govern- month of Ramadan. Chairman Lieutenant in religious activities during the month ments by providing guidelines, she She said as always, the blessings of General Muhammad Afzal. of Ramadan. Religious scholars, com- mentioned. the month of Ramadan would reach The AJK president point- munity leaders and political leaders Political opponents should stop every home. She said in this time of ed out that Kashmiri youth would be a part of these committees, playing politics in this situation and epidemic, people would stay in their are being killed by the she said. should focus on serving the masses, homes and participate in live telecast Indian occupation forces in "Strict lockdown in the whole coun- she remarked. "We respect the doctors of Taraweeh prayers. - TLTP ISLAMABAD: President AJ&K Sardar Masood Khan called on Federal Minister detention centers. for National Food Security & Research Syed Fakhar Imam, here Thursday. Federal Sardar Masood Khan Secretary for National Food Security & Research Omar Hamid Khan is also seen in appreciated the highly SECP committed to growth the picture. - PID photo effective role being played by National Disaster Management Authority ICCI stands with govt in (NDMA) in the fight of capital markets: Aamir against coronavirus. He was also appreciative of the ISLAMABAD: Chairman Securities lenges created in the wake of experts, banking industry, mutual public welfare initiatives provision of personal pro- and Exchange Commission of COVID-19, the CDC has been able to funds and insurance sector. tective equipment to the Pakistan (SECP) Aamir Khan has ensure smooth and un-interrupted The committee reviewed the recent ISLAMABAD: President Islamabad visited Islamabad Chamber of Commerce doctors and medical staff of expressed resolve to strongly respond operations, including the shifting of reforms and noted that due to timely Chamber of Commerce & Industry (ICCI) & Industry and gave a detailed briefing to Azad Kashmir. to the impact of COVID-19 challenge its majority workforce on "work from response by SECP in addressing Muhammad Ahmed Waheed Thursday said the business community on Panagah Lieutenant General and convert it into opportunity for the home" basis which demonstrates the practical difficulties and effective that business community is standing with Program. Muhammad Afzal said that growth of capital markets. robustness of business continuity and resilient business continuity the government in public welfare initiatives Speaking at the occasion, Sajida Zulfiqar the testing capacity for He expressed these views during a arrangements. arrangement of SROs, the stock mar- and ICCI would try to adopt one Panagah said that the government wants to set up coronavirus is consistently meeting with the Board of Directors The chairman SECP appreciated the ket continued to operate successfully (shelter home) in Islamabad. more Panagahs in the country for down- being increased. - TLTP (BoD) of Central Depository measures being taken by CDC in despite the threats posed due to He suggested that monthly accounts trodden people of society on public-private Company of Pakistan (CDCP). development of the capital markets COVID-19 pandemic and resultant statements of Panagahs should be devel- partnership basis to run these shelter homes The SECP is actively engaging the and ensured SECP's full support to scenario in the country. oped and a database of these Panagash on sustainable basis. She said that 40 per- Hamza's market stakeholders to mainly assess CDC while also identifying areas It was also noted that the widening should also be maintained. He said that cent population of the country is below the situation arising out of the which require more focus and dedica- of circuit breakers and market halts ICCI in collaboration with local industry poverty line and Prime Minister Imran judicial COVID-19 pandemic and its impact tion of resources. He also ensured implemented by SECP in February would try to provide jobs to skilled and Khan is determined to uplift their living on the capital markets. SECP's resolve to strongly respond to played a key role in ensuring efficient other poor people living in Panagahs. He standard as improving the lives of poor remand The CDC Board updated the SECP the impact of COVID-19 challenge price discovery and significant trad- further said that ICCI in collaboration with people was very close to his heart. chairman on the latest developments, and convert it into opportunity for the ing volumes in the market which is its members is working to provide free Speaking at the occasion, Naseemur extended especially in light of the COVID-19 growth of capital markets. also appreciated by foreign investors. ration to 2500 families affected by COVID- Rehman said that 27 Panagahs are current- pandemic, reforms that CDC has been Earlier in the day, the The committee also discussed vari- 19 and added that it would also cooperate ly operating in the country and government till May 7 undertaking, and status of different Commissioner (SM) also chaired ous issues facing the industry and with government in this noble cause. has planned to set up 100 more Panagahs in projects while identifying areas for meeting of the Capital Market several major areas were identified Earlier, MNA Sajida Zulfiqar along with the country by the end of this year to pro- LAHORE: An accounta- future development. Advisory Committee, which has rep- for development and growth of capi- Naseemur Rehman, Prime Minister's Focal vide shelter to poor people. He said that a bility court on Friday It was noted that despite the chal- resentation from SROs, market tal markets. - TLTP Person for government's Panagah Program, Panagah in each district was planned to be extended the judicial and Salman Aftab, Chairman PTI Standing established to provide food and stay facili- remand of Pakistan Committee on Accountability & Discipline, ty to poor people. - TLTP Muslim League Nawaz (PMLN) leader Hamza Shehbaz Sharif till May 7 NAB Executive Board in assets beyond means Govt allows export of case. Justice Jawad-ul-Hassan presided over proceedings approves six inquires textile masks: Razak and awarded the accused an extension of 14 days in ISLAMABAD: A meeting of National bureau that the details of the EBM- six inquiries against various personali- ISLAMABAD: Adviser to Prime Minister of orders coming in. "These orders are in his judicial remand. Accountability Bureau (NAB) NAB meeting is shared with the peo- ties including Aalia Amir wife of on Commerce and Investment Abdul Razak different segments to where we were prior Leader of the opposition Executive Board Meeting (EBM), ple, which did not tend to hurt anyone. Aamir Khurshid, Additional Secretary Dawood has said that the federal govern- to the coronavirus," he added. in Punjab assembly was chaired by Chairman NAB Justice All the inquiries and investigations are Service and General Admiistration, ment has allowed export of textile masks. Urging the exporters to rise to take full not presented in the court (Retd) Javed Iqbal, has approved six initiated on the basis of alleged allega- Sindh, Ishaq Lashari, Ismael Lashari, In a series of tweets on Thursday, advantage of the situation, the advisor due to the ongoing coron- inquires on Thursday. tions which are not final. The decision former Sub Inspector Police and oth- Dawood said that the export of masks will tweeted, "I'm appealing to our textile indus- avirus pandemic. Deputy Chairman, Prosecutor to proceed ers, two inquiries were ordered against not apply to surgical and N95 masks. try to take full advantage of these new The court has ordered General Accountability, Director ahead with the cases is taken after the officers and officials of Port Qasim "Pleased to announce the approval of the opportunities to enter new segments and authorities to present General Operations and other senior listening to the both sides of the pic- Authority, Manzoor Shah, former export of textile masks. Attached is a copy new geography. The government will sup- Hamza Shehbaz Sharif officers attended the meeting. ture. Chief Engineer Highways, of the clarification sent by the Ministry of port you completely." before the court in the next It is years long set policy of the The EBM has authorized conducting See#9 Page7 Health to the FBR. Please note that this It must be noted that the National hearing slated for May 4. DOESN'T apply to surgical and N95 Command and Operation Centre (NCOC) Justice Jawad-ul-Hassan masks", he said in one of the tweets. last week allowed the export of hand sani- also ordered the National He asked the exporters in another tweet to tisers and "textile masks". Accountability Bureau ANF seizes 1.689 metric contact Federal Board of Revenue (FBR) or On January 31, a ban was imposed on the (NAB) to file a reference Ministry of Commerce in case of any incon- export of face masks and hand gloves as "a against Sharif, sooner venience. first precautionary measure" and to ensure rather than later. Abdul Razak Dawood said that the West availability of "sufficient basic first aid mate- According to the NAB, is slowly opening up and there are trickles rial" due to the coronavirus pandemic. - TLTP the PML-N leader is tons drugs worth $1.28 accused of accumulating assets through unfair means and was involved in money laundering through billion in 11 operations his servants. It must be noted that the RAWALPINDI: The Anti-Narcotics from the Toyota Hilux Double Cabin On a tip-off, ANF Peshawar in col- NAB had arrested PML-N Force (ANF) Pakistan seized 1.689 parked in the said house. laboration with FC KP (Khyber Rifles) leader in the assets beyond metric tons narcotics valuing US $ In another operation, ANF Quetta intercepted a Toyota Corolla car near income case on June 11, 1.128billion internationally. recovered 1120 Kg Morphine from a Bigyari Check Post and recovered 2019, after LHC had The ANF also arrested 10 culprits Dry Nullah located at Koh-e-Rodini, 4.800 Kg Opium from the said vehicle. turned down his applica- and impounded 5 vehicles while con- Girdi Jungle, District Chaghi. As per An accused namely Israt Khan resi- tions for extension in inter- ducting 11 counter-narcotics strikes, a initial information the recovered drugs dent of Khyber was arrested. im bail. press statement said Thursday. were placed for handing over to some In another operation, ANF Peshawar The seized drugs comprised of 1120 other narcotics gang. in collaboration with FC KP, 161 On Feb 25, the Lahore Kg Morphine, 315.800 Kg Opium, An another operataion, ANF Lahore Wing, Mahsud Scouts intercepted a High Court (LHC) rejected 251.900 Kg Hashish and 2 Kg Heroin. raided near Hajvari Town, FX car near Nala Check Post and the bail plea of Pakistan As per press statement, in an intelli- Hurbanspura, Lahore and recovered recovered 2 Kg Hashish from the said ISLAMABAD: Special Assistant to Prime Minister on Poverty Alleviation & Muslim League-Nawaz gence based operation, ANF Quetta 500 Gram Hashish from personal pos- vehicle. Resultantly an accused name- Social Safety Dr. Sania Nishtar addressing a Press conference regarding (PML-N) leader Hamza raided at abandon house located at session of the arrested accused namely ly Hazrat Noor resident of Khyber was Ehsaas Emergency Programme, here Thursday. Dr. Shahbaz Gill is also seen Shehbaz in assets beyond Nilan Rodh, Tehsil Mashgail, District Muhammad Osama resident of arrested on the spot. in the picture. - PID photo means case. - NNI Kharan and recovered 300 Kg Opium Lahore. See#10 Page7 Greenhouse gases don't respect national boundaries: Guterres ISLAMABAD: In his message coronavirus, the UN chief urged "Greenhouse gases, just like future", he proposed climate- is used to rescue businesses, he fossil fuel subsidies must end, public policy making and infra- for International Mother Earth everyone to "work together to viruses, do not respect national related actions to shape the maintained that it needs to be polluters must pay for their con- structure. Day, UN?Secretary- save lives, ease suffering and boundaries," stated the top UN recovery. tied to achieving green jobs and tamination and public funds Finally, he stressed the "we General?António?Guterres has lessen the shattering economic official. "We must act decisively While spending huge amounts sustainable growth. should be invested in sustain- need to work together as an acknowledged that all eyes are and social consequence". At the to protect our planet from both of money to bring economies He also underscored that to able sectors along with pro- international community". on the COVID-19 pandemic, same time, he observed that cli- the coronavirus and the existen- back, Guterres asserted, "We make societies more resilient, environment and climate proj- "On this Earth Day, please which he flagged as "an mate disruption is approaching tial threat of climate disruption". must deliver new jobs and busi- "fiscal firepower must drive a ects. join me in demanding a healthy unprecedented wake-up call." "a point of no return" and a Emphasizing the need to turn nesses through a clean, green shift from the grey to green Moreover, climate risks and and resilient future for people Recognizing the "immediate "deep emergency" that long pre- the recovery into "a real oppor- transition". economy". opportunities must be incorpo- and planet alike", he concluded. and dreadful" impact of the dates the pandemic. tunity to do things right for the And where taxpayers' money The UN chief maintained that rated into financial systems, - TLTP Friday, April 24, 2020 Oil drop below zero for first time Editor-in-Chief: Azfar Ashary The price on the futures contract for New York, West Texas Intermediate for oversupply. Oil prices ended New kets finished the day higher as govern- Executive Editor: Manzar Naqvi West Texas crude that is due to lose May delivery declined as low as nega- York trading in the adverse on Apr 20, ments start to consider how and when Editor: Agha Masood Hussain validity Tuesday pushed down into tive $40.32 a barrel. The price collapse 2020, for the first time ever, as a sup- to mitigate the lockdowns that have hit Resident Editor (Islamabad): Munawar Naqvi negative territory. The justification is resounding across the oil industry. ply excess compelled traders to pay the global economy. Italy, Spain, with the pandemic bringing the econo- Crude explorers closed down about others to take the commodity. The cri- France and Britain reported reduction Editor-at-Large: Mohammed Arifeen my to a deadlock, there is so much 13 percent of the American drilling sis was deteriorated by a price war in daily death tolls and diminishing unused oil dripping around that fleet last week. Whereas production between Saudi Arabia and Russia. infection rates, while Germany began Honorary Advisory Board American energy companies have run decreases in the country are increasing Riyadh and Moscow constructed a line permitting some shops to reopen and Tariq Iqbal Khan, FCA Amir Abbas Ashary out of room to store it. Even if there is pace. Oil prices getting smashed due to under the dispute and, along with other Norway resumed nurseries. Sikandar Ali Shah Nuzaira Azam (U.S.A) no warehouse to put the oil, no one absence of demand. West Texas top producers, reached a deal to Oil prices rise after landmark crash desire a crude contract that is about to Intermediate crude oil confused decline output by somewhat 10 million to below zero.US crude prices rose Asim Abbas Ashary, CPA Shiraz Ahmed Siddiqui come due. From the start of the year, Monday, lower 28 percent or $5.15 to barrels a day earlier this month. above $1.10 after a supply abundant Dr. A. Hadi Shahid, FCA Mubasher Mir oil prices have drowned after the con- $13.12.Brent crude, the international However prices have fell as analysts sent prices escalating downward, but M. Zaheer Quindeel Syed Ibne Hassan sequences of the coronavirus and a standard was depressed $1.01 to stated the cuts are not sufficient and as worries about demand stay. Oil prices breakdown in the original OPEC and $27.06. Economic conditions are suf- storage facilities reach size. recovered some losses from a record Head office agreement. The U.S. oil market has fering as countries try to decline the With storage facilities filling up rap- crash on Tuesday, with United States 111-C, Jami Commercial Street 11, Phase VII, DHA Karachi become with industrial and economic spread of coronavirus by closing down idly, there are apprehensions that there crude turning optimistic after trading Telephone: 92-21-35311893-6 Fax: 92-21-35388428 activity crushing to a stop. all operation. Past week, China will be nowhere to store it. Dealing below nil for the first time ever. But URL: www.thefinancialdaily.com Governments around the globe are showed its gross domestic product with the problem President Donald this will not take place before May, Email Address: [email protected] extending shutdowns owing to the diminished for the first time since peo- Trump reaffirmed his promise to fill up and the size of the reduction is not Lahore office quick spread of the coronavirus. An ple started keeping records in 1992. the Strategic Petroleum Reserve. The large enough to revive market balance. 24- Peshawar Block, Fortress Stadium, Lahore unusual output deal by OPEC and asso- Slower economic growth means there turmoil in the oil market comes as the OPEC and its allies will most possibly Telephone: 92-42-6675595 Fax: 92-42-6664349 ciated members a week ago to control will be less demand for oil and its petroleum industry rises as one of the consider larger output reductions and Email Address: [email protected] supply is proving very little in the front byproducts, which include gasoline backbone of the global economy made the US will be more tempted to consid- of about 33 percent crush in global and jet fuel. In a split up report out most vulnerable by government shut- er reducing supply. There is at risk, Disclaimer: demand. There is indication of feeble- Thursday, OPEC stated global demand downs to restrain the spread of coron- because not only investors are in the All reports and recommendations have been prepared for your informa- ness everywhere. Just before Monday's will down by 6.9 million barrels per avirus. The commodity has been fur- financial markets for crude oil, but tion only. Summary and Analysis are not recommendation to buy or sell. down, buyers in Texas were offering as day surrounding the COVID-19 pan- ther feeble by a battle for market share also the millions of people engaged in This information should only be used by investors who are aware of the merely as $2 a barrel last week for demic. In a separate report out that raged much of the jump between the oil and gas industry. In the mean- risk inherent in securities trading. The facts, information, data, indicators some oil streams. Bankers in Asia are Wednesday, the U.S. Energy Saudi Arabia and Russia. The time US crude inventories were antici- and charts presented have been obtained from sources believed to be reli- largely unwilling to give commodity Information Administration stated 9.3 European benchmark contract, London pated to rise by approximately 16.1 able, but their accuracy and completeness cannot be guaranteed. The traders the credit to survive as lenders million barrels per day of demand has Brent North Sea oil for June delivery, million barrels in the week to April 17 Financial Daily International and its employees are not responsible for grow ever more dreadful about the been erased. Oil prices smashed below finished down 9 per cent at US$25.57 after recording the highest one-week any loss arising from use of these reports and recommendations. threat of a catastrophic nonpayment. In US$0 for first time amid devastating a barrel. Most of European stock mar- established in history. China: Lessons from experience ures. China adopted region-specific and multi-level tar- Efficient and flexible coordination played an indispen- support as well as large amount of supplies from many OVID-19 has not geted approaches based on an accurate understanding of sable role in combating the virus and made quick and countries. Since the very beginning of the outbreak, only posed a huge China's Response Measures based on virus and precise effective response possible. Efficient coordination China has highly valued international cooperation on Cthreat to the World evaluation of risks. enhanced preparedness, enabling the medical system to public health and provided timely information updates community & specially first Transparency. As the COVID-19 pandemic threats handle the outbreak in a timely, effective and composed to WHO and the global community and shared the of all Chinese people's safe- every person and every country, real-time information manner. Good coordination means the number of cases genome sequence of the coronavirus in an open and ty and health, but also a sharing is a must for both China and the international were well controlled to avoid shortage of medical transparent manner. major challenge to the glob- community. Transparent information disclosure can resources for severe cases whereas infection rate and Timely remedy. China has a huge population of 1.4 bil- al public health security. never be overemphasized during the war against number were reduced through effective quarantine. This lion, so it is essential to stay alert to and prepared for any There had been no newly COVID-19. Committed openness and transparency, the helped a lot to block off the source of infection through major epidemic and public health emergency. As confirmed indigenous cases Chinese government has released trustworthy epidemic- monitoring and screening. President Xi Jinping said, the epidemic was a big test for in China outside Wuhan for related information in a timely manner without reserva- Overall Planning. The epidemic outbreak tested and China's governance system and capacity. He called on Syed Ali Nawaz Gilani several days. At the same tion. China has shared its experience in epidemic con- proved the power of the Chinese tradition of overall the people to learn from past mistakes and continue to time, imported confirmed tainment and patient treatment, and responded openly to planning. An outbreak on this scale would surely rock improve. Considering that WHO has declared COVID- cases of COVID-19 in China surpassed the newly con- concerns at home and abroad. As a result, China has the economy and society. History shows that a severe 19 as a pandemic, China had met with difficulties and firmed indigenous cases as the daily reports said. In the avoided public panic and put down rumors and misin- epidemic or disaster could lead to economic downturn showed shortcomings in the earlier days of the outbreak, next stage, China's main task is to rein in the imported formation, and succeeding in communicating the and social disorder which in turn worsens the situation. while other countries were not well prepared either even cases and defend themselves from cross-border infec- progress in epidemic prevention and control. No country would like to be trapped in such a vicious after China made some progress in fighting the virus. In tion. Responsibility. China demonstrated strong courage circle, and China is no exception. short, every country has weaknesses and problems in China will update the response measures to prevent and a sense of responsibility to fight COVID-19 as an Science and technology. their epidemic response. China's problems include for- the resurgence of the epidemic. As new COVID-19 enemy. If we compare epidemic response to a "war", it China has taken a scientific approach towards malism and bureaucracy which hindered some epidemic cases skyrocketed in other countries, China's experience is considered to be the people's war. WHO encouraged COVID-19 outbreak. Science and technology remained prevention and control efforts. China was serious about in fighting the epidemic will offer lessons and clues for every person, especially every leader at any level and the most powerful weapons against the epidemic as these weaknesses and has taken quick remedial adjust- the rest of the world to contain COVID-19. In this from any sector to stand in solidarity and seize every quoted by President Xi. Without this approach the fight ments and corrective measures and has planned to take regard, China's experience can be distilled in 10 single opportunity to prevent, contain, curb, delay and could have been blind. On the other hand, a warrior well even more remedial actions after the outbreak is over. words/phrases: speed, strength, transparency, responsi- reduce the impact of the virus. It is a collective commit- equipped with scientific tools and techniques has a The world has seen that the government and the peo- bility, coordination, overall planning, technology, bal- ment to the humankind. UN Secretary-General much higher chance of victory. After the outbreak, ple of China didn't panicked or taken delayed decisions ance, cooperation, and timely correction. AntónioGuterres delivered a speech saying "we must Chinese researchers identified the whole genome instead they shown their resilience in this course of Speed: Rapid response: COVID-19 is a very special declare war on this virus" and calling on governments to sequence of COVID-19 in less than a week and isolated pandemic. Chinese noble struggle against the deadly virus. China's experience in combating COVID-19 cooperate in order to "ensure targeted support for the the strain of the coronavirus, and the findings were novel corona virus was appreciated and acknowledged shows that it is possible to control the epidemic if effec- people and communities most affected by the disease." immediately made public to the world. by the world which clearly reflects that how they act in tive measures are taken as early as possible. Such meas- As the first country to move, in fact, China had already Balance. Technology can't do everything automatical- this hour of distress. They gave weight age to their ures made the "Four Earlies" possible, as they encour- mobilized its governments at all levels, all its communi- ly to fight this pandemic so non-technological measures medical experts' opinions and proved that apart from aged patients to seek treatment as early as possible like ties and people to kick out the virus. No one was alone must play their roles. There is no specific drug or vac- being self sufficient in resources, nations can also be on January 23, Guangdong province initiated a first- in the combat. Every single member of the society from cine available as yet but China has effectively contained recognized by their self determination, upright con- level public health emergency response, with a suspen- governments to citizens and from medical system to the epidemic by embracing non-technological means. sciousness, display of unwavering discipline and col- sion of public places, allowed every single patient to other industries were actively involved in this fight by Some people in other countries considered China's epi- lective sense of responsibility. receive timely treatment in hospitals. playing different roles in preventing infection and treat- demic response measures as "over-reactive" whereas Strength: Intensified measures. Infection prevention, ing the disease. All Chinese people were united in the some even questioned China's political system. The writer is Secretary-General Pakistan China control and patient treatment require both speed and battle. Cooperation. Virus knows no borders. Victory over Friendship Association Khyber Chapter & President strength. China showed super strong determination to Coordination. China demonstrated a strong ability to COVID-19 is of utmost significance to the safety and Radio China Listener's Club apart from Media block the transmission of COVID-19. The Chinese gov- organize a full-scale battle against the COVID-19 virus. health of not only the Chinese people but also people ernments at all levels and all communities worked hard Epidemic response requires the systematic and complex around the world. While fighting a hard battle against Consultant. He can be reached at: to fully implement joint prevention and control meas- efforts of the health sector and the entire society. the virus, China received countless condolences and [email protected] Doing business or political point scoring in the name of COVID-19 world to a standstill. While there are unprecedented randomized Trial Probability of Success, which Twenty were administered hydroxychloroquine and hen there is no number of hospitalizations and mortality rates, scien- means that we can evaluate the likelihood of the drug 16 were controls. other preven- tists are yet to firmly develop, or have consensus on, efficacy before we get the data from the randomized Concerns about taking Hydroxychloroquine: Some Wtive and thera- the prevention and treatment medicines or vaccines scientific trials. people consider hydroxychloroquine to be dangerous peutic treatment for coro- for the treatment. COVID-19 vaccine may take up to For the pandemic at hand, I would like to advocate since it causes prolongation of QT Interval, but they na virus then why not to a year to come to the market. Even after its introduc- Hydroxychloroquine, which is endorsed by half of should consider that most of the medicines being used try Hydroxychloroquine tion to the market, it is still unknown how long will the world while the others oppose its use, as prophy- daily have similar effects. These medicines include the and Super-Immuno IV- global distribution take. lactic and therapeutic treatment for Covid-19 infec- likes of Azithromycin, Erythromycin, Clarithromycin, Drip with high Vitamin C Evidence Based Medicine or Randomized Clinical tions. Levofloxacin, Moxifloxacin, Fluconazole, which are scientifically Trials: I am sorry to say that we are still not serious Hydroxychloroquine has a long history of use as Ketoconazole, Metronidazole (Flagyl), antipsychotic proven to be affective. You and cannot appreciate the gravity of the situation. We antimalarial, antibiotic and antiviral. It has proven to and anti-depressants. So, Chloroquine and these medi- must trust evidence based must reevaluate our lockdown policies and re-evalu- be effective in vitro to inhibit corona virus by chang- cines do not prolong the QT Interval of every person, Dr. Shahid Abbas medicine and prevent huge ate evidence-based medicine. Most of the scientists ing the structure of the receptors and preventing the and adrenaline used for the treatment of anaphylaxis. loss of life than to wait for are advocating Randomized Trials before starting attachment of the virus to the receptors on the target American College of Cardiology has given guidelines randomized trials which may take more than a year. simple effective medicines which can save life. They cells. In scientific terms, it inhibits viral entry and for the heart diseases patients susceptible to develop- I have failed to understand that coronavirus infec- dismiss the Observational studies providing evidence replication via intracellular alkalization, by interfer- ing prolongation of qt interval and Ventricular tion is spreading in the country and still no one is of the effectiveness of medicines such as ing w/ maturation of viral particles through impaired Arrythmias. Anyone can calculate the Risk Score and serious and everyone is trying to do business and Hydroxychloroquine without rigorous reviews, rec- glycosylation which are the indirect immunomodula- if he thinks it can cause Ventricular Arrhythmias and political point scoring on the cost of lives of the peo- ommending suspected studies just because these hap- tory effects. according to Risk Factor Score he can avoid it. ple. The disease is expected to spread rapidly in the pen to be randomized trials. We must understand that Even if we consider that the chances to be affective Recommendations of American College of country and God forbid there can be huge loss of life time is passing fast and we are losing precious lives are 50:50, we must consider its use since there is no Cardiology (ACC) for use of Hydroxychloroquine if we are not serious. and we cannot wait for months for those luxury ran- other alternative. To advocate its effectiveness let's and Azithromycin in cardiac patients. Ventricular Pakistan Allergy Asthma and Immunology Society domized trials. We need to act fast and use the data look at the following studies: Arrhythmia Risk Due to Hydroxychloroquine- has developed the protocol with cheap medicine and we have. 1. Efficacy of hydroxychloroquine in patients with Azithromycin Treatment for COVID-19. You have to immunobosters which can be preventive and treat- First, we must understand what Evidence Based COVID-19: results of a randomized clinical trial by calculate your Risk Score for drug-Associated QTc ment. This protocol is being followed with similar medicine is. Let me explain; Evidence-based medi- Zhaowei Chen etall (BMJ Yale): 62 hospitalized pts prolongation by consulting the table and adding the medicines in UK and in different countries. I am cine is the integration of individual clinical expertise (mean age, 45 yo) w/ mild dz (SAO2 >93%) due to Risk factor Points: If you have less than 6 Risk factor receiving several requests daily for this protocol with the best available research evidence from sys- confirmed COVID-19 randomized to HCQ 200 mg Points you have Low Risk to develop prolongation of which is registered Patent protocol in USA. I was tematic research and the patient's values and expecta- bid x5 days or placebo, plus standard of care; HCQ- QT interval and Ventricular fibrillation; If you have informed similar medicines are being used by Queen tions. The efficient approach to finding the best evi- treated pts had shorter duration of cough (2.0 days vs 7-10 points you have Moderate Risk; If you have Elizabeth Hospital Edgbaston Birmingham. In fact dence is to identify a systematic review or evidence- 3.1 days) and fever (2.2 days vs 3.2 days), and high- more than 11 points, then you have high risk one of their consultants was having corona virus based clinical practice guidelines by integrating each er rates of pneumonia improvement (80.6% vs The guidelines are on webpage infection and was treated by a doctor who got our study into the body of existing data, combining the 54.8%); 4 pts in placebo arm progressed to severe dz; www.allergypaais.org and www.allergycenter.info protocol from me. Pakistan Allergy Asthma will be best available science, reaching defensible conclu- 2 pts in HCQ arm developed mild ADRs and can be downloaded or you can have by email. publishing easy to read and follow guidelines for pre- sions and prescribing the medicines which can be 2. Hydroxychloroquine and azithromycin as a treat- vention and treatment to be used by general public, effective. ment of COVID-19: results of an open label non-ran- The writer is President of Pakistan Allergy clinics hospitals and ICU Units for serous patients. To explain a little further - by leveraging the evi- domized clinical trial Philippe Gautret P: Thirty-six Asthma & Immunology. He can be reached at: The COVID-19 pandemic has gripped the entire dence-based medicine approach we can know the Pre patients in France with COVID-19 were examined. [email protected] Friday, April 24, 2020 The Quarantine: Damnation or benison about their life which has become a necessity. The people are now spending a quality time with their The Heights, verse 85. If the humans would have hen the entire Humans were having no time for the recovery whether families which was disturbed and destroyed by an aura respected the Mother Nature and preserved its treasure world was that was the recovery of relationships or split family or of fast life. I hardly remember a day when I woke up and suppressed their greed than today we would have Wbusy in their lost friends or forgotten acquaintances or 'The Dying peacefully from my sleep as the noise of people, busy been living a free life and not a quarantined one. zest and the technologies Earth'. The clock of life tickled so fast for the human streets and sound of machineries always paid a vital role This quarantine period proved damnation for the were crossing the hori- creatures that they hardly used to spend a quality time in the destruction of peace but now people are witness- humans without any second thought but on the other zons, landing on the moon without the havoc. On the other hand, the earth suffered ing some miracles which they hardly thought of. Now hand, it has been proved itself a benison for the nature and discovering other by the hands of humans up to an extent that it started rap- the people are waking up by hearing the chirping of spar- and the earth. When the human activities stop, nature planets, No one noticed idly losing its treasure like the fresh water and the green rows, the caw of crows, and the coo of pigeons and are takes over miraculously and let us now learns a lesson that their own planet is gold but the selfish humans hardly paid any heed to its breathing a free air. from this incident as for sure this too shall pass but the getting affected by a virus cries until the earth declared a worldwide break for its The humans are wondering what actually happened lessons learnt from it should be implemented in the Engr. Salman and is breathing its last. recovery. and how did the plague commonly known as 'COVID- upcoming time so that the earth won't introduce more Shaheen Charoo The modern concepts and The plans were about to get executed when the world 19' spread? The virus indeed is troubling humans up to deadly plagues and its eternal suffering will come to an the influence of technical enunciated an immediate lockdown. The cities that never an extent that majority of the people have nothing to eat end. era completely made the world callous at some point and slept are now sleeping after decades, the streets which at their places, some are losing their jobs, some are stuck all they were focusing on what they call 'A Career' and were always pre occupied are now empty, the stars which at an unexpected place and so on but is it not something suddenly the priority got replaced from 'Career' to 'Life' were hardly able to twinkle are now shining as if they which we brought to us by our own deeds and actions? The writer is also an author and an engineer. He because of a small change in the RNA of a person which have been blessed with a new light and the birds have In the noble Qur'an, it is mentioned clearly 'And do not writes majorly on the nature and social issues and is dangerous enough to get him killed and thus humans started singing with joy again as if they have been mischief on the earth after it has been set in order: that shares his writing in the form of blogs and poetries. He shun all their plans and activities and now all they care is praised by the unseen. will be best for you, if you have faith' - Surah Al A'raf, can be reached at: [email protected] Speedy internet needed amid corona Asma Kazmi regard, The Higher Education Commission has appeared tem is also ruthlessly affected. Currently, amidst many students of this locality who successfully secured and successfully introduced some productive software COVID-19 pandemic two perspectives have been wide- their admissions in various universities of Pakistan. t is an undeniable fact that the outbreak of the dead- and approaching number of universities to start online ly observed in Pakistan. Firstly, good internet connection It is also observed that these students are also con- liest COVID-19 pandemic has left world in a classes. system has become a lifeline for every social, political fronting the dilemma of good internet connectivity to Itremendous shock and badly affected all infected According to some resources there are many universi- and economic activity because most of us are following resume their online learning. In this regard, Supreme countries. The scale of this lethal pandemic has been ties that have successfully started online teaching - like given direction of the government to be remain safe to Court of Pakistan has recently given directions to observed more severe and intensified in European coun- LUMS - to facilitate students those are enrolled in vari- stay at home, adopt self-isolation, self-quarantine and Ministry of Information Technology to resolve the pro- tries where thousands of people died and thousands of ous universities of Pakistan. Unfortunately, the picture more importantly practicing social distance against longed issue of good internet connectivity 4G of various others fall in confirmed cases gradually. This lethal of my beloved land District Kurrum (Parachinar) is still COVID-19 pandemic. Secondly, almost all provinces of areas of Khyber-Pakhtunkhwa where Parachinar comes COVID-19 pandemic has not merely affected global disappointed. Let me introduce very short background of Pakistan are blessed with fundamental facilities where first. It is my humble request to the authorities of district economy and socio-political activities of the world only this area to all my readers; Initially, this area was consid- good internet connection system comes first. Kurram and provincial administration to look of this but also ruthlessly hit the global education system of the ered Kurrum Agency as a part of FATA that remained As far as District Kurrum (Parachinar) is concerned all issue seriously and resolve the dilemma of good internet world. many years under the supervision of Federal govern- academic institutions are not merely deprived of good connectivity which will save the quality of education of After a short space of time, advanced states of the ment. Recently, its status has been changed and it is internet connectivity, but our students also who are our students of this area. world successfully launched comprehensive method for known as District Kurrum and now it directly falls under enrolled in various schools. I teach as a teacher at the online classes for students as they can resume their aca- the supervision of provincial administration of Pakistan. most reputable school named Bloom's International demic responsibilities effectively. Pakistan is also one of Owing to outbreak of pandemic and lack of stable School Parachinar. Being a responsible teacher, I can The writer is former student of Quaid-i-Azam the reputable states in the world which is also miserably enough internet connection have left the people of my truly understand the academic difficulties of our students University and now teaches at Bloom's International affected. Owing to outbreak of COVID-19 pandemic, all area in a complete confusion. Apart from suffering socio- because we are deprived of online classes due to lack of School Parachinar. She can be reached at: [email protected] educational institutions have been shut down. In this economic activities of these people, our education sys- good internet connection facility. Moreover, there are Is pen too dangerous? used against them to silence there voice. Due to frequent internet blockage IoK journalists, many never emerged alive, there were thousands who he root of journal- But there have been such situations in Kashmir that face difficulty in broadcasting their stories and full fill- had disappeared leaving behind women with photo- ism comes from journalism has been declared a crime. After all, how ing their duties. In recent lockdown and revoke of arti- graphs and perennial waiting ,there were multitudes of Tpeople's right to long will the people of Kashmir tolerate this oppres- cle 370, life in IoK became stagnant and miserable. The dead bodies on the roads, in hospital beds, in fresh mar- have an opinion. Today sion? Wherever the truth is spoken, people are put on lockdown of the internet has ceased communication. tyrs' graveyards and scattered casually on the snow of people depend on the fir and then send them to jails. The people of Kashmir The Indian authorities had snapped the broadband mindless borders. This is the life of Kashmiri people press on being informed had only one hope that was journalism, but unfortu- internet connection of the Kashmir. Hence, Internet continuous lockdown for the last 80 years. of what's happening. The nately the country who suppresses the Kashmir by blockage is the main hindrance in full filling the profes- We believe that the common people of India are total- media plays a vital role in armed powers also declared it a crime. My question is sion of journalism in IoK. ly ignorant of the Kashmir issue and about the atroci- a democratic society. ... from the United Nations Organization that helps people On the other hand, under the draconian Unlawful ties being unleashed upon Kashmiris by those whom Therefore its primary pur- get the right. Activities Prevention Act (UAPA), journalists are cap- they call saviors. Aamir Reyaz Shieikh pose is to make sure all If journalism is a crime in Kashmir, why not journal- tured, detained, tortured and molested by the Indian They only know what their biased media tell them. & Shabnam Ahad citizens are aware of their ism in the rest of world will be declared a crime? When army for portraying the true events to the world. The day they know the reality of and atrocities being rights. the whole world is under lockdown and countries are Where is your power? Where is your ego? Where are unleashed upon the unarmed innocent Kashmiris they How powerful is the media influence? Influence of trying to get out of these diseases in order to save the your armies? You have always acted like you are would came out on roads to ask for our rights. Last year mass media...Media influence is the actual force exert- lives of their citizens India is busy in targeting Muslims unbeatable...where are you now? Hidden at home and the chief of Indian army in a statement advised young ed by a media message, resulting in either a change or in mainland India and journalists in Kashmir. After all, scared from an unseen creature. Now try to think again Kashmiris to laptops, pen and books instead of stones. reinforcement in audience or individual beliefs. how long will we bear all this, we are being persecuted there is someone powerful than you…someone who We follow his advice and doing the same by writing Journalism has not yet created crime in the world. But by our rights. A few days ago, one of our sister journal- can beat you with an unseen solider...please try to this piece. there is a country in the world where there is a state that ists and one of our brother journalist who were detained remember next time if you get another chance Kashmiri people are fighting the war for freedom. has been demanding its rights for the last 70 years, I do not understand what was wrong with them if they ...remember that our Lord sees you while you are India cannot stop this freedom movement through declared there journalism is a crime. But why have they spoke of the truth. killing the innocent kids and women in the muslim atrocities, as Kashmir dispute is a problem of humani- been declared a crime, if they say the truth, they help Journalists in Kashmir are witnessing an increased countries. He sees you while you are ordering the weak ty, human rights, and freedom. It is time to end the people bring them back there rights and putting ques- level of harassment by the police through censorship, Muslim rulers to kill the scientists and put religious western policy of malign neglect. tions of people in front of the world. Where there is a interrogation and, in some cases, imprisonment. The people in jails to keep the society empty from all posi- One of the great writers who quote one of the great lot of oppression and people are being persecuted. If illegal detention of the Masarat Zehra, Gowher Gellani tive people. Now you are tasting fears from death for quotes about Kashmir "Everyone wants Kashmir but no journalists do not make the authorities aware about the Kamran, Asif Sultan and Gowher Wani is the most few weeks only. The kids of Kashmir, Iran, Syria, one wants Kashmiris. sufferings of its citizens then who will make them recent such incidences. Palestine, Afghanistan, Uighur tastes this kind of fears Aren't I a miracle? A seed that survived the slaughter aware about their problems. A simple change in the winds of politics can become from last 90 years. & slaughters to come. I think I believe in freedom I just Kashmir being a conflict zone where free and fair the trigger that eventually takes aim. As Kashmir has There were people dying everywhere getting massa- don't know where it is. I think I believe in home, I just don't know where to look." journalism is under attack who so dissents will be suffered one conflict after the other, beyond the state's cred in every town and village, there were people being charged with doctrine laws in order to silence the pen citizens, journalists have paid the price too, facing picked up and thrown into dark jails in unknown parts, The main writer is from Jammu & Kashmir. He can of his ink. death threats and even suffering attacks on their family there were dungeons in the city where hundreds of be reached at: [email protected] The laws which are for hardened criminals where members as a result of efforts to silence them. young men were kept in heavy chains and from where Coronavirus and poverty Farzana Wani decided on a two pronged strategy: lock down the have to go out daily out of their homes to just fulfill that you love to do. Eat right food which boosts entire nation to break the chain and quickly ramp up their basic needs. People belonging to higher classes immunity and it's more important to introspect and f the COVID-19 threat continues and in view of its health care facilities to face the pandemic. or middle classes are struggling so what about these seek God's mercy. possible months-long lockdown, these people The impact of the coronavirus is having a profound people? The lesson to be learnt from this pandemic is that Iwill surely die due to hunger. and serious impact on the global economy. The global These people will surely die due to hunger. the government needs to invest more in health care This small virus has brought whole world to a halt. economy has entered a recession as a consequence of Government needs to look on this matter, the govern- sector. Creating more medical colleges is a necessity, The condition is deteriorating day by day. this deadly the coronavirus pandemic. There are lockdowns ment needs to deduct some amount from salaries as overall improving health infrastructure. virus has not even left the developed countries of the across the world, hitting economies hard. fundraising for the poor. We as responsible citizens With this I am concluding, I would like to request all world. This virus does not discriminate between rich Everyone is supporting the lockdown to break the can also make community groups can collect funds the people and corporates to donate towards feeding and poor. The outbreak of pandemic disease from chain. No doubt, we have to do that to protect our- and identify such families who are in need. the daily wagers of our society. This is the time they china has engulfed the globe. However experts are selves. Everyone is suffering in one way or another We may die prior to COVID-19 due to depression. need our help and we need to step up. If anyone can't still looking for a cure and I hope Ins Sha Allah we and facing difficulties, however there is a sect in our People may suffer anxiety disorders. Death in this afford to donate, please help by spreading the word. will find it soon until we have to suffer that has been society who may not die due to this virus but of time of COVID-19 is a disaster as people cannot even Let us pray to almighty to prevent entire humanity caused by lockdown and social distancing. This virus hunger. These are the people that include street ven- mourn collectively. This is not only scary but trauma- from this deadly virus. has made us understood the importance of life. dors, labourers, factory workers, conductors who used tizing. Lucky are those people who died before this The robust healthcare infrastructure in Europe is to go out on a daily basis and work for their liveli- pandemic. The writer is persuing MCA from Kashmir overwhelmed. Now other countries want to pre-empt hood. They are not government employees, industrial- However, it's important to act optimistically and University. She can be reached at: such a situation from developing. So the government ists, entrepreneurs or working in MNCs .they just therefore, read books, watch movies or do something [email protected] Religion – A trust on God of peace, harmony, unity, forgiveness, and mercy. Islam depict in this temporary world, we have not to accepts two people or acceptance of both men as well eligion is a Muslims - persons who believe or follow the forget at the end the world will end. And everyone as women. People believe that there is two caste of 'deen' or we can Islamic religion are known as Muslims. All Muslims has to die one day. They will be accountable for in the marriage upper caste and Lowe caste and caste system Rsay religion is believe in the oneness of Allah and know that Islam is next life or the Hereafter. Allah (SWT) is the one who but in Islam all are equal and same. Then why people that we trust on God. It is the final religion sent down by Him so that mankind made us and we shall return to him. He is the super- are against this. Why a rich boy can't marry with poor a social culture, value can attain guidance and piety in this world. It teaches visor of the whole universe. Allah is the one who girl? Why Shia Girl can't marry with a Sunni boy? If which we have belief on us there is one God, and Muhammad (SAAW) is the made the whole universe. He has no parents, no sib- Shia boy can marry with Sunni girl then why Sunni girl God or faith on God. Messenger of Allah. Muslims consider Holy Quran lings and no offspring. Holy Prophet Muhammad marry with Shia boy. Why people are more against it? There are so many reli- which is the holy book from Muhammad (SAAW). (SAAW) is the last of the Prophets sent by Allah for Why people can't understand in Islam there is not Shia, gions like Muslims, Sikh, This is the Holy Book which we can learn many the benefit of mankind. Hence he is known as the seal Sunni. Some people fight with each other, they don't Christians and Hindu etc. things about Islam. This is revealed on Shab-e-Qadr. of the Prophets. It is a complete book of guidance. know what actually Islam means? Everyone's forgive- Aiman Anwar Our religion is Islam. In Islam many people divided this so many parts like Islam is based on five pillars: (1) Testimony of faith ness will be accepted without shirk. Everyone is equal. What is Islam, anyone or Hanafi, Shia, Sunni, Al-Hadees. But i do not believe (Kalmah Shahadah); (2) Prayer (Salat); (3) Giving There is only one Islam and one God and Muhammad anything that surrenders itself to the true well of on this. I believe that there is one religion is Islam (Zakat); (3) Fasting (Sawm); and (5) Pilgrimage (SAAW) is the last Messenger. Allah and we have only faith on Allah. Islam is not and there is one God (Allah). And there are many (Hajj). only a religion, it is considered as the complete way prophets but Muhammad (SAAW) is the last Prophet. In Islam Marriage completes half of our Imaan The writer can be reached at: of life. The religion of Islam is all about the attributes Whatever actions, deeds and behaviour followers of (faith). In Islam the marriage is the Nikah which two [email protected] MARKET SUMMARY Friday, April 24, 2020

Market KSE 100 Index All Share Islamic Index Volume: 204,362,252 Current 32,850.83 Current 15,804.65 High 32,938.29 High 15,841.67 Value : 9,405,658,056 Low 32,448.53 Low 15,499.79 Dallas hotelier gets Trades: 92,735 Change 386.60 Change 304.86 Symbols All Share Index KSE 30 Index KMI 30 Index Advanced 160 Current 23,211.98 Current 14,424.47 Current 52,570.37 Declined 151 High 23,250.66 High 14,483.24 High 52,737.56 Unchanged 22 Low 22,886.89 Low 14,204.91 Low 51,251.29 Total 333 Change 325.09 Change 198.43 Change 1,319.08 $58.7mn in small

UPTO 100 VOLUME BOOK CLOSURES Symbols Open High Low Close Change Vol Company From To Div/Bonus Spot Date AGM/ NESTLE 5,629.30 5,680.00 5,658.00 5,680.00 50.70 60 /Right EOGM AGP Ltd 24-Apr 05-May 20%(F) 22-Apr 05-May business bailout funds Pace Pak Ltd # 25-Apr 05-May -- 05-May UPFL 7,030.00 7,557.25 7,557.25 7,557.25 527.25 60 Pak Cables 27-Apr 04-May -- 04-May Nestle Pak Ltd 29-Apr 07-May 420%(F) 27-Apr 07-May Engro Powergen Qadirpur Ltd 30-Apr 07-May -- 07-May SAN FRANCISCO: Three publicly The Treasury Department has faced "I doubt Congress realized that by SAPL 723.84 720.00 720.00 720.00 -3.84 50 Bank Islami Pak # 01-May 07-May -- 07-May traded companies overseen by Dallas criticism from Congress and small doing this they might be squeezing Dolmen City Reit 01-May 07-May 3.5%(iii) 29-May - OTHER SECTORS Pak Tobacco Comp Ltd 02-May 08-May 230%(F) 29-May 08-May hotelier Monty Bennett have bor- business groups for allocating too out smaller businesses under the PPP Habib Insure Co. 04-May 18-May 10%() 30-Apr 18-May Symbols Open High Low Close Change Vol Highnoon Lab Ltd 05-May 12-May 130%(F)10%B 30-Apr 12-May rowed $58.7 million under a program much of the funding to big, public program," he said in an email. Pakistan Cables 99.61 103.99 94 103.81 4.2 1200 ICI Pak # 05-May 11-May - - 11-May Indications aimed at helping small businesses businesses. On Thursday, Treasury Of the new funds to be added to the # Extraordinary General Meeting TRG Pak Ltd 16.89 17.25 16.6 17.09 0.2 2658000 through the coronavirus pandemic, changed its "Frequently Asked program on Thursday, $60 billion has BOARD MEETINGS and that may be just a start. Questions" guidance about the pro- been set aside for loans through small Murree Brewery 556 570 556 560.11 4.11 9100 Company Date Time Avanceon Ltd 24-Apr 9:00 "The Company anticipates receiving gram, saying "It is unlikely that a pub- banks and community development Shezan Inter. 244.72 263.07 227 248.73 4.01 3300 Awwal Mod. 24-Apr 2:45 Indus Motor Co. 24-Apr 10:00 additional PPP Loans," asset and hotel lic company with substantial market financial institutions in an effort to Olympia Mill Ltd 24-Apr 11:00 Khyber Tobacco 190.02 199.95 199 199.48 9.46 200 Security Papers 24-Apr 10:00 management company Ashford Inc. value and access to capital markets reach smaller companies. Bolan Cast 24-Apr 11:30 Fauji Fert Bin Qasim Ltd 24-Apr 10:00 said on Wednesday as it reported the will be able to make the required cer- Bennett defended his decision last Pak Tobacco 1624 1742.99 1615 1688 64 300 Kohinoor Text Mill 24-Apr 3:30 Popular Islamic Mod. 24-Apr 10:00 receipt of $12.8 million in Paycheck tification in good faith." month. Sitara Energy 24-Apr 3:00 Shifa Int.Hosp 226.77 235 228 231.32 4.55 20800 Arif Habib Ltd 24-Apr 2:00 Protection Program loans for six of its Two public companies that bor- "My industry and our businesses Nazir Cotton Mill 24-Apr 10:00 1st Pak Mod. 24-Apr 3:45 subsidiaries. rowed under the initial tranche, Shake are completely crushed," Bennett Media Times Ltd 1.41 1.78 1.06 1.4 -0.01 5780500 KASB Mod. 24-Apr 3:15 1st Prudential Mod. 24-Apr 4:15 Two real estate investment trusts Shack and Kura Sushi, returned their wrote in March as Congress debated Pak Paper Prods 24-Apr 11:00 P.I.A.C.(A) 3.97 4.08 3.95 4.03 0.06 197500 Macter Int. Ltd 24-Apr 10:00 Khyber Text 24-Apr 11:00 advised by Ashford together won 50 $10 million each after public outcry the $2.3 trillion economic rescue Rupali Poly 25-Apr 12:30 Pace (Pak) Ltd. 1.93 2.1 1.9 2.07 0.14 411000 EFU Gen Insure 25-Apr 12:30 other PPP loans totaling $45.9 mil- over big companies crowding out lit- package, passed March 27, that Gatron Ind. Ltd 25-Apr 11:30 Shifa Int. Hospitals 25-Apr 2:00 lion, Securities Exchange tler ones for the scarce funds. included the small business bailout. Netsol Tech. 42.04 43.65 40.73 41.43 -0.61 285500 Amreli Steel 25-Apr 10:00 Commission filings earlier this week The paycheck protection program "We should not be disqualified from MTS LEVERAGE POSITION show. The total to the three companies was meant to help companies with assistance because we built our pre- Symbol Total Volume Total Value MTS Rate Symbol Total Volume Total Value MTS Rate ASTL 709,500 19,878,180 10.00 KEL 17,886,500 40,878,166 - was 285 times the $206,000 average 500 employees or fewer pay their viously small businesses into bigger ASTL 140,500 2,554,182 - KOHC 302,500 30,160,240 10.00 ATRL 262,200 16,988,649 10.00 LOTCHEM 2,359,500 18,888,099 10.00 loan size under the program, which is employees, and loans are capped at businesses." AVN 159,500 3,677,644 12.00 LUCK 483,436 177,096,361 10.00 BAFL 3,145,900 86,517,564 11.00 MCB 22,870 2,930,883 11.00 administered by the Small Business $10 million. Bigger borrowers could Bennett and his father, Ashford's BAHL 31,094 1,470,916 11.00 MEBL 959,000 52,021,997 10.00 BOP 9,599,000 64,404,108 10.00 MLCF 7,425,000 162,755,895 11.00 Administration. get loans for more if they were split founder, own 16% of the company's CHCC 910,000 65,798,884 11.00 MUGHAL 119,500 4,509,597 11.00 DGKC 2,212,500 141,995,549 10.00 MUGHAL 500 11,944 - Most of the loans were made by Key among locations with fewer than 500 shares as well as convertible preferred DOL 199,000 4,527,337 11.00 NBP 3,222,500 75,233,373 11.00 EFERT 101,175 4,697,244 10.00 NCL 229,000 5,348,689 10.00 Bank, among the top five lenders in employees. At least a dozen compa- stock that would confer 70% owner- ENGRO 139,455 33,788,453 11.00 NETSOL 125,000 3,908,787 10.00 EPCL 751,000 16,573,528 10.00 NML 220,700 12,646,256 11.00 the $349 billion program. nies besides the Ashford group ship. FCCL 1,126,500 15,973,230 10.00 NRL 140,200 11,285,091 11.00 FCEPL 134,000 6,484,368 11.00 OGDC 925,287 69,089,847 10.00 More than 150 public companies received loans of $10 million or more. The younger Bennett is Ashford's FFBL 2,242,500 29,422,402 11.00 PAEL 2,378,000 43,752,783 11.00 FFBL 218,000 2,303,888 - PIBTL 2,434,500 18,269,514 14.00 borrowed more than $500 million Ashford spokesman Jordan Jennings CEO and chairman, and also chairs FFC 533,150 39,031,767 11.00 PIOC 256,500 10,061,536 10.00 FFL 1,450,000 11,212,574 11.00 PIOC 6,500 151,290 - under the program before it ran out of on Thursday said that Congress pur- real estate investment trusts Ashford GATM 1,351,500 30,524,006 11.00 POL 129,500 29,333,238 10.00 GATM 106,500 2,103,627 - PPL 1,791,183 117,826,996 11.00 funds last week, a Reuters review of posefully opened PPP to larger restau- Hospitality and Braemar Hotels & GHNI 52,900 3,602,846 11.00 PSMC 200 21,118 - GHNL 1,000 38,354 - PSO 756,261 86,901,727 11.00 SEC filings shows. U.S. lawmakers are rant and hotel groups, many of which Resorts Inc. Recipients of the loans GTYR 19,000 624,881 - SEARL 208,700 29,343,760 11.00 HASCOL 5,744,000 67,424,094 11.00 99,000 4,101,023 11.00 expected Thursday to approve an addi- would not qualify for the Federal obtained by the three companies were HBL 2,603,392 231,441,167 10.00 SSGC 1,279,000 14,174,535 10.00 HUBC 370,800 21,742,922 11.00 TRG 9,055,000 113,771,976 11.00 tional $320 billion to the program, and Reserve's Main Street Lending mostly hotels and included Ritz INIL 452,400 32,226,576 10.00 UBL 690,061 60,199,445 10.00 ISL 671,000 22,737,082 11.00 UNITY 6,418,000 55,765,132 11.00 President Donald Trump is expected to Program designed for companies with Carlton Atlanta, Renaissance KAPCO 446,500 7,032,038 10.00 TOTAL 125,367,864 2,309,092,777 10.62 KEL 29,560,000 71,855,419 11.00 quickly sign the bill into law. more than 500 employees. Nashville, and Sheraton Anchorage.

OIL AND GAS INDUSTRIAL TRANSPORTATION FIXED LINE TELECOMMUNICATION Paid up Paid up Paid up Company Cap(mn) PE Open High Low Close Chg Volume Company Cap(mn) PE Open High Low Close Chg Volume Company Cap(mn) PE Open High Low Close Chg Volume

Attock Petroleum 995 4.46 240.74 248.88 240.00 245.78 5.04 67600 Pak Int Container Terminal XD 1092 7.30 170.03 170.10 170.00 170.00 -0.03 300 Pakistan Telecomm Co A 37740 - 7.68 7.74 7.70 7.70 0.02 17000 PNSC 1321 24.64 60.05 64.55 60.00 64.31 4.26 35500 Attock Refinery 1066 1.98 76.07 81.45 76.00 80.93 4.86 1104600 Pak Int.Bulk 17861 0.39 9.24 9.44 9.11 9.15 -0.09 1443000 Telecard 3000 19.50 1.10 1.17 1.08 1.17 0.07 45500 Burshane LPG 226 9.97 25.75 25.51 23.82 23.82 -1.93 31500 BYCO Petroleum 53299 - 5.74 5.92 5.74 5.83 0.09 606500 WorldCall Tele 18059 - 0.80 0.85 0.80 0.81 0.01 771000 Mari Gas Company 1334 37.41 1016.65 1090.00 1035.00 1080.78 64.13 45360 AUTOMOBILE AND PARTS National Refinery 800 2.77 98.18 101.25 93.95 99.89 1.71 647700 ELECTRICITY Oil & Gas Development XD 43009 3.69 88.67 95.32 92.26 95.15 6.48 5298570 Paid up P.S.O 4695 2.90 140.37 148.01 143.00 147.29 6.92 2448443 Company Cap(mn) PE Open High Low Close Chg Volume Paid up Pak Oilfields 2839 5.17 263.99 283.49 271.92 281.83 17.84 983933 Company Cap(mn) PE Open High Low Close Chg Volume Pak Petroleum 27210 3.10 77.32 83.11 79.40 83.05 5.73 8230137 Agriautos Ind 144 17.08 157.00 157.02 157.00 157.00 0.00 1000 Pak Refinery Limited XR 3150 0.37 12.41 12.89 12.50 12.82 0.41 631000 Atlas Battery 244 3.24 118.73 120.00 116.01 119.09 0.36 7500 Shell Pakistan 1070 - 125.49 132.00 126.50 130.20 4.71 145800 Hub Power 12972 8.89 72.40 74.50 71.55 74.11 1.71 745577 Dewan Motors 1387 - 3.92 4.10 3.80 3.93 0.01 65500 K-Electric Ltd. 96653 12.17 2.92 3.03 2.90 2.92 0.00 3080000 Exide (PAK) 78 2.29 171.70 178.00 166.06 171.04 -0.66 3400 Kohinoor Energy 1695 6.34 32.00 30.60 30.60 30.60 -1.40 500 CHEMICALS General Tyre 1219 7.92 39.46 40.80 39.41 39.67 0.21 174500 Kot Addu Power 8803 2.69 21.60 23.22 23.22 23.22 1.62 810500 Ghandhara Nissan 570 - 54.05 55.69 53.50 53.68 -0.37 58000 Paid up Nishat Chunian Power Ltd 3673 1.73 12.29 12.75 12.10 12.68 0.39 124000 Ghani Automobile Ind 500 - 4.20 4.35 4.20 4.34 0.14 30500 Company Cap(mn) PE Open High Low Close Chg Volume Nishat Power Ltd 3541 2.58 19.99 20.40 20.00 20.00 0.01 9500 Honda Atlas Cars 1428 1894.44 169.12 174.00 168.51 170.50 1.38 149500 Pakgen Power Ltd 3721 2.49 13.49 14.50 13.20 13.57 0.08 65000 Indus Motors 786 35.14 843.30 889.00 836.00 874.16 30.86 4880 Agritech Limited 3924 - 3.04 3.24 3.03 3.05 0.01 255500 Tri-star Power XD 150 46.88 2.89 3.00 2.63 3.00 0.11 2000 Bawany Air 75 5.29 23.59 25.35 22.00 25.20 1.61 20000 Pak Suzuki 823 8.67 152.23 155.98 148.10 152.51 0.28 114900 Engro Powergen 3238 - 18.59 18.80 18.41 18.79 0.20 33000 Biafo Ind 348 9.49 133.40 135.00 133.99 134.00 0.60 6800 Sazgar Engineering 216 38.19 94.19 97.99 93.50 96.24 2.05 95000 Lalpir Power XD 3798 - 10.75 11.20 10.52 10.96 0.21 104000 Archroma Pak 341 14.86 500.00 517.00 498.00 512.22 12.22 3000 Dawood Hercules 4813 374.34 127.63 131.99 127.00 131.02 3.39 16600 FOOD PRODUCERS Saif Power Ltd. XD XD 3865 - 16.51 17.05 16.51 17.02 0.51 24500 Descon Oxychem Limited 1509 - 27.12 27.00 26.01 26.47 -0.65 309500 Arshad Energy L 80 - 4.01 4.28 4.10 4.28 0.27 14000 Dynea Pak 94 8.44 74.00 74.00 74.00 74.00 0.00 2000 Paid up Engro Corporation Ltd XD 5762 30.84 295.16 306.00 299.00 301.64 6.48 818681 Company Cap(mn) PE Open High Low Close Chg Volume GAS WATER AND MULTIUTILITIES Engro Polymer XD 9089 27.65 27.97 28.30 27.34 27.65 -0.32 1109000 Paid up Fatima Fertilizer 21000 7.27 22.75 23.45 22.75 23.25 0.50 35000 Abdullah Shah Ghazi Sugar 793 4.61 2.09 2.08 1.93 2.03 -0.06 26000 Company Cap(mn) PE Open High Low Close Chg Volume Fauji Fertilizer 12722 7.25 105.31 105.50 104.50 104.99 -0.32 1610004 Adam Sugar 173 2.72 16.96 17.32 15.75 17.29 0.33 8000 Fauji Fertilizer Bin Qasim 9341 3.10 16.01 16.50 16.05 16.22 0.21 635000 AL-Abbas Sugar 174 54.13 220.00 223.00 220.00 223.00 3.00 1400 Sui North Gas 6342 22.16 49.34 52.50 50.01 52.08 2.74 1741500 Gatron Ind 384 89.47 505.50 510.00 510.00 510.00 4.50 1300 Al-Shaheer Corp 2000 - 9.41 9.67 9.31 9.62 0.21 184000 Ghani Gases Ltd 1533 4.12 10.13 10.35 10.00 10.09 -0.04 100500 Sui South Gas 8809 5.52 12.97 13.80 13.08 13.70 0.73 1154000 Chashma Sugar XD 287 9.16 62.65 63.75 63.75 63.75 1.10 4000 ICI Pakistan 924 67.73 655.88 665.00 642.00 654.91 -0.97 136800 Hascol PetrolXD 9991 6.02 13.89 14.93 14.36 14.93 1.04 22539500 Clover Pakistan 311 - 86.90 88.00 83.06 87.25 0.35 2000 Ittehad Chemical 847 3.08 25.03 25.01 24.50 25.00 -0.03 163000 HI-Tech Lubri. 1160 11.11 26.68 27.90 26.35 27.56 0.88 673500 Dewan Sugar 915 - 2.27 2.45 2.20 2.26 -0.01 18000 Lotte Chemical 15142 17.18 9.89 10.04 9.70 9.79 -0.10 971000 Nimir Ind Chemical 553 122.45 56.49 60.00 54.00 60.00 3.51 1500 Fauji Foods Ltd -- 9.63 9.96 9.50 9.78 0.15 2265000 BANKS Sitara Peroxide 551 - 17.42 17.96 17.00 17.19 -0.23 113000 Habib Sugar 750 19.44 28.00 28.20 28.00 28.00 0.00 21500 United Distributors 353 1.07 26.37 24.41 24.41 24.41 -1.96 5500 Jauharabad Suga 341 - 15.63 15.21 15.20 15.20 -0.43 1000 Paid up Engro Fert. XD 13353 106.68 59.35 61.50 59.50 60.81 1.46 4447189 Khairpur Sugar 160 - 35.00 37.60 32.38 37.18 2.18 4000 Company Cap(mn) PE Open High Low Close Chg Volume Mirpurkhas Sugar 135 6.42 58.05 59.50 58.00 58.00 -0.05 1500 FORESTRY AND PAPER Mithchells Fruit 79 10.63 195.06 209.68 195.00 209.68 14.62 4300 Allied Bank Limited 11451 6.05 81.11 83.00 79.09 79.89 -1.22 50000 National Foods 1492 12.16 226.86 230.00 225.00 230.00 3.14 5900 Askari Bank XD 12603 3.53 14.16 14.39 13.81 14.13 -0.03 241500 Paid up Punjab Oil XD 54 26.97 166.33 177.99 177.99 177.99 11.66 200 Bank Alfalah 17772 6.96 33.82 33.75 32.25 32.94 -0.88 1346514 Company Cap(mn) PE Open High Low Close Chg Volume Quice Food 985 - 3.28 3.50 3.25 3.40 0.12 453000 Bank AL-Habib 11114 8.79 58.13 58.99 56.00 58.51 0.38 479525 Bank Of Khyber 10004 7.84 14.00 14.10 13.20 13.95 -0.05 3000 Sakrand Sugar 446 - 9.52 10.00 9.50 10.00 0.48 19000 Bank Of Punjab 26437 2.82 8.72 8.89 8.50 8.60 -0.12 3305500 Century Paper 1470 12.61 57.07 58.00 56.32 57.00 -0.07 56000 Shahmurad Sugar 211 43.40 89.00 92.00 89.50 92.00 3.00 5500 BankIslami Pak 11087 17.63 9.78 9.88 9.50 9.52 -0.26 554000 Security Paper 593 13.47 128.49 129.00 127.51 128.26 -0.23 600 Shahtaj Sugar 120 9.31 103.20 107.30 107.30 107.30 4.10 500 Faysal Bank 15177 3.85 13.59 13.97 13.30 13.51 -0.08 20000 Unity Foods Ltd - - 11.05 11.58 11.04 11.44 0.39 8874000 Habib Bank Ltd 14669 4.22 101.88 103.00 98.99 101.92 0.04 3906451 Habib Metropolitan Bank XD 10478 3.84 28.85 28.80 27.90 28.00 -0.85 176000 INDUSTRIAL METALS AND MINING HOUSEHOLD GOODS JS Bank Ltd 12975 2.79 4.85 4.85 4.55 4.85 0.00 90500 MCB Bank Ltd 11851 6.89 161.38 167.00 157.50 158.24 -3.14 1411408 Paid up Paid up Meezan Bank 12861 12.93 65.47 65.24 63.50 64.66 -0.81 1389000 Company Cap(mn) PE Open High Low Close Chg Volume Company Cap(mn) PE Open High Low Close Chg Volume National Bank 21275 3.12 28.38 28.60 27.90 28.18 -0.20 271500 Samba Bank 10082 12.90 5.00 5.50 5.00 5.42 0.42 14000 Crescent Steel 776 4.05 50.98 50.10 49.21 50.00 -0.98 31500 Silkbank Ltd 90819 - 0.69 0.73 0.68 0.69 0.00 316500 Feroze 1888 Mills Limited 3768 24.13 74.18 77.50 76.50 76.50 2.32 7300 Soneri Bank 11025 4.55 9.30 9.11 9.10 9.10 -0.20 2000 Dost Steels Ltd 3157 - 3.15 3.25 3.03 3.05 -0.10 371500 Pak Elektron 4977 35.55 22.79 23.30 22.44 22.75 -0.04 3866500 Stand Chart Bank XD 38716 9.00 21.10 21.50 21.50 21.50 0.40 500 Inter.Steel Ltd. 4350 148.27 50.35 51.98 48.51 48.93 -1.42 1634000 Tariq Glass Ind 1102 25.96 72.99 74.00 68.60 70.09 -2.90 805000 Summit Bank Ltd 26382 7.85 1.58 1.60 1.50 1.57 -0.01 116500 International Ind 1319 21.77 99.66 101.51 95.00 95.58 -4.08 782300 Towellers Ltd 170 31.13 79.65 85.62 85.62 85.62 5.97 500 United Bank Ltd XD 12242 5.05 105.83 107.00 102.50 106.02 0.19 1498770 TPL Trakker Ltd 2673 - 3.63 3.83 3.55 3.55 -0.08 85500 Metro Steel 310 - 9.66 8.75 8.75 8.75 -0.91 500 NON LIFE INSURANCE Siddiqsons Tin 2293 - 7.71 7.89 7.50 7.75 0.04 136000 PERSONAL GOODS Paid up Aisha Steel Mill 7655 - 9.16 9.50 9.03 9.15 -0.01 201000 Paid up Company Cap(mn) PE Open High Low Close Chg Volume CONSTRUCTION AND MATERIALS Company Cap(mn) PE Open High Low Close Chg Volume Adamjee Insurance 3500 4.66 34.29 34.62 32.90 33.99 -0.30 9500 Paid up Ashfaq Textile 350 2.25 6.00 6.00 6.00 6.00 0.00 500 Ask Gen Insurance 719 3.91 20.00 20.00 20.00 20.00 0.00 3000 Company Cap(mn) PE Open High Low Close Chg Volume Azgard Nine 4854 1.66 8.90 9.00 8.95 8.99 0.09 80000 Atlas Insurance 772 7.13 61.02 61.50 61.00 61.07 0.05 10000 Bannu Woolen 95 2.15 35.50 35.00 32.84 33.06 -2.44 12500 Attock Cement 1374 6.32 130.46 134.50 122.00 131.80 1.34 272000 Bata (Pak) 76 11.41 1448.75 1405.00 1400.00 1402.00 -46.75 1320 Century Insurance 503 1.18 17.16 16.50 16.50 16.50 -0.66 500 Balochistan Glass Ltd 2616 - 3.93 4.05 3.90 3.98 0.05 226000 Bilal Fibres 141 0.39 0.92 1.00 0.86 0.86 -0.06 2000 Crescent Star Insurance 1077 1.11 1.35 1.49 1.38 1.46 0.11 15500 Blessed Tex Mills 64 4.21 219.69 236.16 220.01 220.51 0.82 700 Berger Paints 205 53.38 77.00 79.00 77.00 79.00 2.00 2000 Cyan Limited 586 4.09 21.92 23.40 22.65 23.35 1.43 7000 Bestway Cement 5963 14.74 130.28 129.10 121.10 125.14 -5.14 72800 Chakwal Spinning 1216 0.41 1.45 1.48 1.48 1.48 0.03 3000 Crescent Textile 800 8.96 19.81 20.15 20.15 20.15 0.34 500 Habib Insurance 619 4.58 8.49 8.40 8.00 8.39 -0.10 11000 Buxly Paints 14 - 31.00 30.00 30.00 30.00 -1.00 2500 D S Ind Ltd 837 0.84 1.50 1.55 1.45 1.54 0.04 45000 Cherat Cement 1943 6.95 95.91 97.50 88.85 89.41 -6.50 4611000 Jubilee Gen.InsXDXB 1985 4.41 39.49 41.00 38.00 38.00 -1.49 3500 Dewan Farooque Spinning 978 90.00 1.15 1.28 1.15 1.17 0.02 43500 Dadex Eternit 108 261.11 24.70 26.42 23.50 23.50 -1.20 1500 Din Textile 525 2.02 59.50 63.96 63.96 63.96 4.46 500 Pak Gen Insurance 464 1.19 1.90 2.14 1.98 1.98 0.08 6000 Dewan Cement 4841 6.56 7.99 8.12 7.70 7.81 -0.18 2308000 Faisal Spinning 100 4.92 239.04 250.00 250.00 250.00 10.96 200 Pak Reinsurance 3000 4.91 22.36 22.50 22.00 22.50 0.14 3000 DG Khan Cement Ltd 4381 6.17 87.70 89.01 82.00 83.03 -4.67 10458500 Gadoon Textile 280 3.52 152.06 153.80 141.05 149.26 -2.80 2500 PICIC Ins Ltd 350 - 0.61 0.79 0.61 0.77 0.16 4000 Fauji Cement 13798 11.22 16.97 17.24 16.75 16.94 -0.03 12230000 Ghani Value Glass 580 10.70 37.98 37.50 37.00 37.24 -0.74 12000 Fecto Cement 502 2.01 25.29 27.18 25.17 27.09 1.80 248000 Gul Ahmed Textile 4278 7.74 28.00 28.60 26.90 27.01 -0.99 1122500 Premier Insurance 253 1.86 5.90 4.90 4.90 5.90 0.00 18500 Flying Cement Ltd 1760 - 10.31 10.51 9.70 9.84 -0.47 850500 Hira Textile Mills Limited 866 1.00 1.59 1.62 1.55 1.61 0.02 25500 Reliance Insurance 561 2.56 4.17 4.45 4.20 4.45 0.28 6500 Ibrahim Fibres 3105 3.22 57.00 60.00 60.00 60.00 3.00 500 Frontier Ceramics 379 - 10.40 10.90 9.51 10.31 -0.09 3000 Shaheen Insurance 600 5.17 3.00 3.00 3.00 3.00 0.00 5500 Indus Dyeing XD 181 4.54 526.75 566.25 550.00 565.00 38.25 300 Gharibwal Cement 4003 10.34 17.80 18.50 17.55 17.88 0.08 273000 Kohinoor Ind 303 8.75 2.85 2.90 2.80 2.80 -0.05 2000 IGI Life Ins.XD 1706 12.47 18.54 19.49 17.51 19.08 0.54 5500 Javedan Cement 3174 2.30 22.50 23.50 23.50 23.50 1.00 1500 Kohinoor Mills 509 1.34 38.00 37.00 37.00 37.00 -1.00 1000 Kohat Cement 2009 6.91 147.62 151.50 136.55 136.80 -10.82 1195500 Kohinoor Spinning 2157 0.68 1.55 1.64 1.55 1.58 0.03 40000 FINANCIAL SERVICES Lucky Cement 3234 16.34 469.33 472.00 452.01 458.16 -11.17 1280950 Kohinoor Textile 2993 12.84 35.85 38.50 36.45 37.12 1.27 7000 Maple Leaf Cement 10983 4.59 27.99 28.50 26.50 26.72 -1.27 25623500 Leather Up 60 - 10.70 10.80 9.75 10.11 -0.59 25000 Paid up Pioneer Cement 2271 8.30 52.57 56.51 52.50 53.63 1.06 8501000 Masood Textile 675 6.25 56.80 61.06 57.25 61.06 4.26 148000 Company Cap(mn) PE Open High Low Close Chg Volume Power Cement Ltd. 10634 4.22 6.71 6.90 6.48 6.58 -0.13 3878000 Nagina Cotton 187 1.20 39.14 36.57 36.57 36.57 -2.57 500 Safe Mix Concrete 250 14.05 5.20 5.20 5.04 5.20 0.00 16000 Nishat (Chunian) 2401 2.50 31.71 31.95 31.50 31.54 -0.17 42500 Arif Habib Limited 594 1.93 31.92 32.99 31.26 32.50 0.58 50500 Shabbir Tiles 1197 11.43 7.55 7.79 7.30 7.43 -0.12 210000 Nishat Mills 3516 4.71 71.33 72.90 68.95 69.92 -1.41 832600 Arif Habib Corp 4084 16.37 27.00 27.50 27.49 27.50 0.50 1500 Thatta Cement 997 8.80 9.78 10.15 9.47 9.59 -0.19 85000 Ruby Textile 522 - 6.51 6.50 6.50 6.50 -0.01 500 Saif Textile 264 1.08 15.12 15.70 14.50 15.30 0.18 2000 Escorts Bank 1356 - 7.50 7.50 7.45 7.49 -0.01 62000 Synthetic ProdXD 885 - 39.38 40.00 38.50 39.35 -0.03 807500 Sajjad Textile 213 5.19 25.00 25.00 25.00 25.00 0.00 1000 First Credit & Invest Bank Ltd 650 9.00 3.95 3.15 3.15 3.15 -0.80 500 Akzo Nobel Pak.XD XD 464 - 270.00 270.02 270.00 270.01 0.01 65320 Sally Textile 88 0.18 3.50 3.50 3.50 3.50 0.00 500 First National Equity 2673 4.45 7.75 7.81 7.31 7.61 -0.14 162500 Sapphire Fibre 207 579.53 607.67 632.00 565.01 608.51 0.84 200 GENERAL INDUSTRIALS Service Fabrics 158 1.27 3.00 3.10 3.00 3.00 0.00 25000 Invest Bank 2849 0.99 0.72 0.75 0.67 0.70 -0.02 163000 Paid up Service Ind XB 188 68.46 720.00 729.89 725.00 725.00 5.00 450 Ist Cap Securities 3166 21.50 0.75 0.90 0.75 0.86 0.11 1528000 Service Textile 44 0.44 7.98 7.90 7.90 7.90 -0.08 2000 Company Cap(mn) PE Open High Low Close Chg Volume Ist Dawood Bank 1484 34.50 1.31 1.39 1.30 1.38 0.07 66500 Shadab Textile 166 0.62 21.92 22.00 21.40 21.40 -0.52 8500 Shield Corp 39 62.25 225.56 214.00 213.02 213.51 -12.05 200 Jah Siddiq Co 9159 2.91 9.00 9.19 8.95 9.00 0.00 271500 Cherat Packagin 425 15.54 104.00 105.00 101.11 103.96 -0.04 12900 Tata Textile 173 1.57 27.65 26.50 26.50 26.50 -1.15 2500 JS Investment 618 5.90 12.50 13.00 12.80 12.80 0.30 2500 ECOPACK Ltd 381 - 10.00 9.80 9.80 9.80 -0.20 1500 Thal Ltd 405 16.53 308.01 308.01 299.00 302.21 -5.80 172100 Orix Leasing 1671 2.59 20.98 21.40 21.00 21.14 0.16 187000 Ghani Glass XD 5415 6.20 41.52 42.00 41.00 42.00 0.48 16500 Treet Corp 1688 4.20 15.77 16.00 15.46 15.81 0.04 461500 Pervez Ahmed Sec 1866 - 0.73 0.79 0.67 0.70 -0.03 79000 MACPAC Films 593 1.08 11.03 11.47 10.29 10.48 -0.55 4050500 Tri-Star Poly 569 - 5.94 6.00 5.75 5.87 -0.07 171500 Merit Pack 806 - 8.02 8.10 7.90 8.08 0.06 94000 United Brands 918 7.82 22.30 22.60 22.25 22.60 0.30 3500 Saudi Pak Leasing 452 3.69 0.52 0.60 0.48 0.59 0.07 19500 Packages Ltd 894 10.58 310.07 317.00 296.00 300.15 -9.92 76200 Yousuf Weaving 900 1.88 2.79 2.85 2.72 2.75 -0.04 44500 Next Capital 450 15.25 6.70 7.29 6.61 6.71 0.01 2000 Siemens Engineering 82 - 524.00 520.00 516.00 516.00 -8.00 1050 Zephyr Textile Ltd 594 3.44 5.99 6.19 6.19 6.19 0.20 500 Tri-Pack Films 388 5.73 86.08 87.99 83.10 86.14 0.06 116000 Zil Limited XD 61 279.15 130.00 139.49 133.99 133.99 3.99 1000 Ghani Global Glass L 1000 1.55 10.31 10.50 10.18 10.50 0.19 167000 Colony Tex.Mills Ltd 4980 - 2.60 2.77 2.59 2.69 0.09 3500 EQUITY INVESTMENT INSTRUMENTS Paid up INDUSTRIAL ENGINEERING PHARMA AND BIO TECH Company Cap(mn) PE Open High Low Close Chg Volume Paid up Paid up Company Cap(mn) PE Open High Low Close Chg Volume Company Cap(mn) PE Open High Low Close Chg Volume Elite Cap Modaraba 113 2.93 2.30 2.40 2.20 2.20 -0.10 1000

Equity Modaraba 524 14.05 2.84 3.24 2.95 2.95 0.11 2500 AL-Ghazi Tractor 290 13.09 276.00 278.00 276.00 278.00 2.00 700 Abbott (Lab) 979 23.58 438.13 452.00 440.00 442.28 4.15 16600 Bolan Casting 115 - 38.98 39.87 39.87 38.98 0.00 500 Ferozsons (Lab) 302 21.44 226.66 236.00 225.00 226.36 -0.30 131100 Habib Modaraba 1008 6.09 9.25 9.30 9.25 9.25 0.00 3500 Ghandhara Ind 426 14.53 86.34 88.50 83.70 84.30 -2.04 124700 GlaxoSmithKline 3185 28.42 175.61 178.50 174.60 175.08 -0.53 36500 KSB Pumps 132 11.98 123.80 123.90 116.04 122.71 -1.09 5300 Highnoon (Lab) 315 80.66 524.00 539.00 522.00 535.57 11.57 8300 Pak Modaraba 125 11.67 1.41 1.80 1.25 1.40 -0.01 75500 Millat Tractors 498 13.73 661.11 684.00 642.00 649.37 -11.74 19000 IBLHealthCare Ltd 541 13.59 63.09 63.00 59.00 61.97 -1.12 38500 Amreli Steels L 2970 - 35.14 36.18 34.13 34.56 -0.58 778000 Otsuka Pak 121 122.61 343.00 324.50 317.28 320.00 -23.00 300 Prud Modaraba 1st 872 3.55 1.01 1.10 0.89 1.10 0.09 12500 Drekkar Kings 100 - 2.28 2.21 2.20 2.20 -0.08 1000 Searle Pak 2124 17.30 178.74 184.55 180.00 182.87 4.13 900000 Mughal Iron&Ste 2516 - 43.69 44.70 40.50 41.19 -2.50 1363500 Wyeth Pak 142 3.58 792.50 805.00 765.00 775.01 -17.49 350 Punjab Modaraba 340 0.76 2.10 2.17 2.10 2.10 0.00 10500 Continuations Friday, April 24, 2020

No #1 Continued from page 1 deficit. Hashish respectively from their personal possession. No #15 Continued from page 8 "We expect that general government debt will rise to Both were arrested near Nala Check Post. In fourth opera- Pakistan's economy as it has brought to a standstill the around 87% of GDP by June 2020 from around 83% in June tion, ANF Peshawar in collaboration with FC KP, 143 Wing, Bank's response to mitigate the COVID-19 pandemic economic activity and reduced Pakistani exports. effects. 2019 and gradually decline in subsequent years. In fiscal Khyber Rifles arrested an accused person identified as Zaw The foreign minister said that Pakistan has increased its The technical teams from both sides have already out- 2021, we expect the deficit to narrow given the government's Ullah resident of Khyber and recovered 2 Kg Heroin from testing capacity for coronavirus. He said, "We had earlier lined the initial assessment for COVID-19 related financ- commitment to fiscal consolidation under its IMF pro- his personal possession. testing capacity of three thousand but it will reach twenty to ing, the statement said adding that the Ministry of gramme, but remain wide at 8%-8.5% of GDP," said In fifth operation, ANF Peshawar raided near Toda Mala thirty thousand by May." - TLTP Nullah near Al Masud, District Khyber and recovered 4.8 Kg Economic Affairs would evaluate and prioritize the propos- Moody's. Hashish from the said place. In sixth operation, ANF als received. The final requirement of the country would be No #2 Continued from page 1 The multilateral development banks' (MDBs) latest finan- Peshawar in collaboration with FC KP, 161 Wing, Mahsud shared with IDB to materialize financing by the IDB. demonize Muslims who face increased exclusion as well cial assistance augments their current funding to Pakistan Scouts arrested an accused namely Anan Khan resident of The minister for economic affairs and president IDB as threat of mob violence. and Moody's expects the extra funding to cover the govern- Khyber and recovered 1 Kg Hashish from his personal pos- expressed their strong commitment to further strengthen the The spokesperson said the Organization of Islamic ment's additional external financing needs in fiscal 2020. session. relations as well as IDB portfolio in Pakistan especially for Cooperation (OIC) has also voiced deep concerns over ris- The G20's recent offer of debt relief to low-income coun- ANF Karachi intercepted a Mini Truck near Hub River the COVID-19 related emergency activities, the statement ing anti-Muslim sentiments and Islamophobia within polit- tries will also support Pakistan by deferring principal and Road Toll Plaza, Karachi and recovered 239.600 Kg Hashish added. - TLTP ical and media circles as well as the social media platforms interest payments on bilateral debt due between May and from the seized vehicle. A person onboard namely Abdullah where Indian Muslim minority is being blamed for the December. The deferrals may be extended and involve other Jan resident of Ziarat was arrested during the operation. No #16 Continued from page 8 spread of the coronavirus. creditors. Debt relief by official-sector creditors would pro- In another operation, ANF Karachi intercepted a Toyota milestone of 110,000, while fatalities in Italy, the hardest Referring to the Indian atrocities in Occupied Kashmir, vide additional but very modest spending capacity for Corolla car near Pataro Toll Plaza, Indus Highway, Jamshoro hit country behind the United States, topped 25,000 with the spokesperson reminded that it is an internationally dis- Pakistan, whose interest payments on foreign-currency debt and recovered 11 Kg Opium from the said vehicle. Two per- 187,000 infections. puted territory and killing of people, use of brute force and are around 0.6% of GDP for fiscal 2021, with about one- sons onboard namely Bismillah resident of Sanghar and Finland said it would maintain a ban on gatherings of blocking communication links constitutes violation of third owed to bilateral creditors and another one-third owed Ghulam Mustafa resident of Kambar Shahdad Kot were more than 500 people through July. In Spain, which report- arrested on the spot. international laws. She said Pakistan is concerned over the to MDBs. ed a slight increase for the second day running in the num- All cases have been registered at respective ANF Police ber of COVID-19 deaths, the government said it did not increasing persecution of journalists in the occupied territo- "We expect Pakistan's real GDP to contract modestly by Stations under CNS Act 1997 and further investigations are expect to lift its strict lockdown until mid-May. - TLTP ry on baseless and concocted charges. 0.1%-0.5% in fiscal 2020 (the country's first annual reces- The spokesperson said that the Ministry of Foreign underway. - NNI sion, according to our records), with the economy gradually Affairs and its missions abroad continue to provide relief recovering to grow by more than 2% in fiscal 2021. No #17 Continued from page 8 and assistance to the overseas Pakistani community in the No #11 Continued from page 8 The meeting discussed and review issues being faced by wake of coronavirus. Food, ration and financial assistance Although the country's export sector accounts for just 9% of expression of support for the US efforts to combat the telecom sector. are being provided to those in need. GDP and tourism accounts for just 2% of GDP, the nation- COVID-19. Having learned about testing of Prime Minister During the meeting, which was also attended by Minister She said repatriation of Pakistanis is continuing as per the wide lockdown from 1 April to month-end (with a possible Imran Khan, President Trump offered to send the latest for Industries & Production Muhammad Hammad Azhar, comprehensive and phased plan developed with the coordi- extension) to curb the coronavirus will significantly curtail rapid testing machine for Covid-19 to the prime minister. Special Assistant to the Prime Minister on Overseas nation of relevant stakeholders. She said 5,079 Pakistanis domestic consumption and pose downside risks to economic The prime minister thanked President Trump for the ges- Pakistan Sayed Zulfikar Abbas Bukhari, secretary IT & have been brought back from different countries in the third growth, which threatens a wider fiscal deficit and a higher ture. telecom, secretary finance and CEOs of major cellular com- phase of this plan. In addition, 1,254 Pakistani nationals government debt burden than Moody's currently projects. The two leaders also exchanged views on regional issues panies, various issues being faced by the telecom and cellu- have been brought back through land borders in the last few Despite the month-long lockdown, the government and further strengthening of Pakistan-US cooperation, a lar companies were discussed and debated. days including 41 from India through Wagha border. - allowed labour-intensive industries such as agriculture, con- press release issued by the PM Media Office here said. Secretary IT & Telecom Shoaib Siddiqui told the meeting TLTP struction and textiles to resume operations on 15 April, Prime Minister Imran Khan conveyed sympathies and con- a high-level committee has already been constituted to for- No #3 Continued from page 1 which should aid a gradual recovery in domestic consump- dolences on the loss of so many precious lives in the United mulate recommendations for the resolution of the issues tion. States due to the coronavirus. He also highlighted being faced by the telecom sector and its final recommen- by 193 countries worldwide that forms the basis of 'ICT The central bank's cumulative 425-basis-point policy rate Pakistan's efforts to contain the spread of the virus. - NNI dations would be completed by 28th April 2020. -TLTP Regulatory Tracker'. The Tracker, developed by ITU, is an cuts since the start of 2020 and facilities to ease the liquidi- evidence-based tool that helps decision-makers and regula- Continued from page 8 ty crunch for businesses further buffer the economic shock No #12 No #18 Continued from page 8 tors monitor the rapid evolution of ICT regulation. and related industries could grow to 1.2 million, which is related to coronavirus. - TLTP database, Federal Board of Revenue statistics, more than The report further reveals that Pakistan has scored full half of the region's 2.4 million aviation-related employ- marks (20/20) for regulatory authority, 19/22 for regulatory one family member applicants etc. Over 89,000 No #7 Continued from page 1 ment. Previous estimate was 0.9 million. Full-year 2020 mandate, 22/30 for regulatory regime and 27/28 for compe- traffic is expected to plummet by 51% compared to 2019. Computerized National Identity Cards (CNICs) failed in tition framework. Pakistan's journey towards collaborative Health Organization (WHO), the UN agency which is Previous estimate was a fall of 39%. the process of verification, she said. regulation has also been highlighted as a special feature in leading the response to the pandemic, to add the 5G con- The GDP supported by aviation in the region could fall by Under the third category of Ehsaas Emergency Cash the report. spiracy to its COVID-19 myth busters article, which notes $66 billion from $130 billion. Previous estimate was $51 Programme, Dr Nishtar said the lists of beneficiaries are Pakistan Telecommunication Authority (PTA) is continu- that "viruses cannot travel on radio waves/mobile networks. billion. being finalized through the help of district administrations. ously striving to achieve new international benchmarks by COVID-19 is spreading in many countries that do not have These estimates are based on a scenario of severe travel She said, "Our priority is to run this initiative in a trans- showing its commitment to protect consumer interests and 5G mobile networks." - TLTP restrictions lasting for three months, with a gradual lifting parent manner without any political interference as per enhance public-private collaborations for the digital trans- Continued from page 1 of restrictions in domestic markets, followed by regional directives of the Prime Minister Imran Khan, providing formation & socio-economic benefit of Pakistan. - TLTP No #8 and intercontinental. maximum relief to the deserving people." No #4 Continued from page 1 banking company. Profit taking was observed in the "Airlines in the Middle East continue to be battered by She said that strict action is being taken against those cement sector, where DGKC and KOHC declared their the impact of COVID-19. Passenger traffic has all but retailers involved in deduction from Rs 12,000 given to the Ruet-e-Hilal Committee held to witness crescent to ascer- financial result for 3QFY20 in which they posted consoli- ground to a halt and revenue streams have evaporated. No beneficiaries. tain the commencement of the month of Ramazan-ul- dated LPS of Rs.2.45 and Rs1.90 respectively. Traded vol- amount of cost cutting will save airlines from a liquidity She said the efforts are also underway to overcome the Mubarak 1441 Hijri. ume and value for the day stood at 204mn shares and crisis. The collapse of air transport will have devastating hurdles being faced by the applicants through their feed- He said that no evidence was found in all parts of the Rs.9.4bn. MLCF was today`s volume leader with ~26mn effects on countries' economies and jobs. And in a region back and complaints. country for crescent. Moreover, zonal committees also held shares. where aviation is a key pillar of many nations' economies About the Ehsaas Ration portal, Dr Nishtar briefed that meetings in different parts of the country to collect the cres- The advance to decline ratio in the broader market the effect will be much worse. Direct financial support is this portal has been opened to facilitate the private sector in cent's evidences. remained in favor of bulls. Out of 333 scrips, 160 scrips essential to maintain jobs and ensure airlines can remain providing food rations to the most vulnerable affected in the The Ruet-e-Hilal Committee chairman recommended advanced, 151 declined while the value of 22 scrips viable businesses," said Muhammad Al Bakri, IATA's wake of the COVID-19 crisis. removing carpets from the mosques and conducting disin- remained intact. Regional Vice President for Africa and the Middle East. Through the portal, the role of government will be to fectant spray besides making strict cleanliness arrange- The ready market volume decreased by 14.80 per cent to To minimize the broad damage that these losses would ments. facilitate match-making between donors and beneficiaries 204.362 million shares as compared to 239.873 million have across the Middle East economies, he said it is vital An official of the Ministry of Science and Technology (on geographic basis) and provide data of eligible benefici- shares traded on last trading day. that governments step up their efforts to aid the industry. was also included in the Central Ruet-e-Hilal Committee aries to donors. Maple Leaf Cement Factory topped the list of actives, The IATA is calling for a combination of direct financial for the first time in the country's history. The ministry had Speaking on the occasion, Dr Shahbaz Gill said it is very closed lowered by Rs 1.27 at Rs 26.72 on 25.62 million support loans, loan guarantees and support for the corporate earlier predicted that Ramazan month will be commenced unfortunate that the Sindh government is doing politics on shares followed by Hascol Petroleum Limited increased by bond market tax relief. from April 25. In addition to vital financial relief, the industry will also Ehsaas programme as well as the prevailing health crisis in Mufti Muneeb appealed the clerics to follow the 20-point Rs 1.04 at Rs 14.93 on 22.54 million shares and Fauji the country. Cement Company Limited dipped by Rs 0.03 at Rs 16.94 need careful planning and coordination to ensure that air- standard operating procedures (SOPs) prepared by the fed- lines are ready when the pandemic is contained, said IATA. The present government has not displayed any picture of on 12.23 million shares. eral government to contain the spread of coronavirus pan- The IATA is scoping a comprehensive approach to re- Prime Minister and Dr Sania on the posters of the Ehsaas or Other actives were Dera Ghazi Khan Cement which demic. starting the industry when governments and public health any other initiative. descended by Rs 4.67 at Rs 83.03 on 10.45 million shares He urged the administration of mosques across the coun- authorities allow. A series of virtual regional summits, Sustaining all the political pressures, Dr Sania Nishtar is try to adopt strict precautionary measures against coron- and Fauji Foods Limited improved by Rs 0.39 at Rs 11.44 bringing together governments and industry stakeholders doing her best to ensure the merit-based cash disbursement avirus. The prominent cleric asked elder citizens and chil- on 8.87 million shares. are taking place this week. - TLTP in the programme, he said. dren to prefer offering prayers in their homes. According to Research Desk at Aba Ali Habib local He said Sindh government has also done politics on coro- Meanwhile, countries across the globe have started bourse extended the Bull Run by adding 386.60 points No #13 Continued from page 8 navirus testing kits and returned to the federal government announcing the first day of the Ramazan 2020. before closing at 32,850.83 level. The investors cherished or violence based on religious, belief or ethnic identity is terming those not workable. Those which announced the first day of Ramazan the news that Pakistan received USD1.39 from IMF under simply not acceptable," Shaheed said. The same kits are being used by the National Institute of include; Egypt, Malaysia, Singapore, Indonesia, Rapid Financing Instrument coupled with recovery in inter- "To combat disinformation, it is critical that States estab- Health and are giving accurate results, he said. Philippines. - NNI national oil prices which drove investor sentiments. lish effective strategies and channels of communication to He also criticized the press conference of the doctors call- Moreover, Trump's assurance of economic support to provide accurate and reliable information to the public," he ing for lockdown and termed it as a political activity. "We No #5 Continued from page 1 Pakistan and SBP's statement that it is ready to take further said. cannot impose strict lockdown considering the fact it would steps to stabilize the economy which boosted investors' sen- unity and coordinated efforts of all stakeholders. "The firm commitment by political leadership to curb affect our poor people the most". He said the PTI government announced massive historic timents. Furthermore, yields on all short-term government hate speech that stigmatizes people on the grounds of their This is a national and international war of humanity, he relief package for poor families with an objective to reduce paper declined up to 250bps across the board, which also religion or belief is essential in this regard," Shaheed said said and urged the Sindh government not to do politics on miseries of the masses amid a lockdown imposed to contain provided the support to the bourse. Going forward, ongoing stressing that religious leaders can also play an important such matters. - TLTP the spread of coronavirus. result season and concern over rising novel virus cases role. "Solidarity among people of all faiths and none has Terming the Ehsaas Cash Emergency Programme as would continue to dictate market direction. During the ses- never been more critical in living memory." transparent and merit-based, the Prime Minister said that sion, the index found its support and resistance at 32,448.53 The Special Rapporteur noted not all religious or belief No #19 Continued from page 8 cash assistance worth Rs12,000 is being distributed among ppts and 32,938.29 ppts, respectively. Sector wise, heavy communities or those living in marginalized conditions can economic and fiscal measures," said ADB President 5.437 million beneficiaries across the country. index cement sector remained in limelight throughout the access online information regarding COVID-19 and best Masatsugu Asakawa. He said the government has allocated Rs144 billion for trading session and fetched volume of 71.91mn share. Oil practices to avoid transmission. "I urge civil society and "ADB's timely support will help the government imple- poor segments of society under Ehsaas Cash Emergency and Gas Marketing Companies (OMC) is the 2nd most trad- faith-based organizations to widely communicate and assist ment comprehensive measures to mitigate the devasting Programme. ed sector which recorded total volume of 28.80mn shares those in vulnerable situations, regardless of their belief or impact of COVID-19," said Indonesia's Minister of Finance Imran Khan said entire world is struggling against coron- followed by Commercial Banks which fetched volume of ethnic background." and ADB Governor Sri Mulyani Indrawati. "We appreciate avirus which has emerged as the major global issue. He said 15.19 million shares. "States must also be non-discriminatory in assisting those the speed of ADB's response and close engagement with the the lockdown adversely affected the world economy, result- The overall market capitalization enhanced by Rs 86.730 in need and ensure that everyone has fair access to all pub- government to support the urgent needs of Indonesia." ing in growing poverty across the globe, especially in billion to Rs 6.1925 trillion against Rs 6.1058 trillion lic and health services," Shaheed said. The COVID-19 Active Response and Expenditure developing countries like Pakistan. observed on last trading day. "Inclusive dialogue will ensure that all communities Support (CARES) Program will support the government's He said the government prepared a comprehensive Unilever Pakistan Foods Limited and Mari Petroleum implement and adhere to the required public health meas- stimulus package geared to expand existing social assis- roadmap for holy month of Ramazan by taking all religious Limited remained the top gainer by Rs 527.25 and Rs 64.13 ures voluntarily, including by analyzing how religious prac- tance programs, boost resources for COVID-19 prevention scholars and Ulema on board. He, however, warned that the to close at Rs 7,557.25 and Rs 1,080.75 respectively, while tices may be adapted in response to COVID-19 preventive and control, and safeguard productive sectors and workers government will come into action, if any one resorts to vio- Bata Pakistan Limited and Otsuka Pakistan Limited were measures, such as organizing virtual religious services," he from the economic downturn. The funding is coming from late the 20-point standard operating procedures to prevent among the major losers which lost Rs 46.75 and Rs 23.00 suggested. - TLTP ADB's COVID-19 pandemic response option under the spread of the virus during Ramadan. to close at Rs 1,402.00 and Rs 320.00 respectively. countercyclical support facility, which was introduced as Earlier, Punjab Chief Minister Sardar Usman Buzdar No #14 Continued from page 8 part of a $20 billion package approved by ADB on 13 April called on Prime Minister Imran Khan on Thursday and dis- No #9 Continued from page 3 This would represent a return to malaria mortality levels to assist its developing member countries in their fight cussed the coronavirus situation in the province. last seen 20 years ago. against COVID-19 through quick disbursing budget sup- They also discussed the measures being taken to contain Naseem Shah, chairman Sindh Abadgar Board, district According to the World malaria report 2019, sub- port with affordable terms and condition. the pandemic, operations of the reopened industries and the Mityari, officers and officials of Information Department, Saharan Africa accounted for approximately 93% of all Indonesia has been severely affected by the pandemic. precautions being taken there. Sindh. malaria cases and 94% of deaths in 2018. More than two- Critical public health measures to limit the spread of the They also discussed different steps to control hording and The EBM authorized closing inquiries against Dr Zahoor thirds of deaths were among children under the age of disease have seriously disrupted economic activity, result- for public facilitation during the Holy month of Ramadan. Ahmed, Medical In Charge, civil Hospital, Karachi and five. ing in a sharp decline in forecasts for economic growth in Meanwhile, Members of the National Assembly Raja others, Muhammad Mohsin, Rahila Magsi and others due To date, the number of reported cases of COVID-19 in 2020. Many Indonesians have been adversely affected by Riaz Ahmed and Faizullah Kamoka also called on the to lack of evidence. sub-Saharan Africa has represented only a small propor- the economic downturn, especially the poor and vulnerable Prime Minister and discussed the matters of mutual interest. The EBM approved referring of some inquiries against tion of the global total, though cases are increasing every groups. ADB estimates that poverty could increase signifi- Meanwhile, Prime Minister Imran Khan has said that no officials of Model Custom Collectorate of Exports, Owners week. This means that countries across the region have a cantly, unless support measures can be effectively imple- compromise would be made on security, integrity and sov- and officials of Messers Sky Clan Global Private Limited and others, officers and officials of Model Customs critical window of opportunity to minimize disruptions in mented. - TLTP ereignty of the country. malaria prevention and treatment and save lives at this The Prime Minister stated this during his visit to Collectorate Appeasement Customs Department and others to Federal Board of Revenue (FBR) for appropriate action stage of the COVID-19 outbreak. Headquarters of Inter-Services Intelligence (ISI) on Mass vector control campaigns should be accelerated, Thursday. as per law. Tokyo Olympic Addressing the meeting, Chairman Javed Iqbal said that ensuring protection for both health workers and communi- The Prime Minister was accompanied by Chief of Army ties against COVID-19 transmission. WHO and partners Staff General Qamar Javed Bajwa, federal ministers and ending corruption in the country and bringing back looted money of public is NAB's top priority as faith of the bureau commend the leaders of Benin, the Democratic Republic staffer tests positive advisors. of the Congo, Sierra Leone, Chad and for initiating ITN The Prime Minister appreciated the sacrifices and contri- is corruption free policy. He directed all DGs of NAB to utilize all available campaigns during the pandemic. Other countries are butions of Inter-Services Intelligence being a superior state adapting their net distribution strategies to ensure house- intelligence agency. resources for taking the mega corruption cases to logical for COVID-19 conclusion with stipulated time frame on the basis of solid holds receive the nets as quickly and safely as possible. TOKYO: A staff member of the Tokyo Olympic organis- The Prime Minister was received by Director General ISI Preventive therapies for pregnant women and children Lieutenant General Faiz Hamid. evidence as per law. ing committee has tested positive for Covid-19. National and International reputed organizations includ- must be maintained. The provision of prompt diagnostic Tokyo organisers issued a statement on Wednesday say- A comprehensive briefing covering entire spectrum of testing and effective antimalarial medicines are also internal and external challenges was given to the Prime ing World Economic Forum has lauded the performance of ing it was a male employee in his 30s who worked at the NAB, which is an honour for NAB. essential to prevent a mild case of malaria from progress- headquarters building in a part of Tokyo known as Harumi. Minister including impact of COVID-19 a couple of days ing to severe illness and death. ago. - TLTP, NNI NAB has directly and indirectly recovered record Rs 178 Organisers said he was in quarantine at home and gave no billion from corrupt elements and deposited into national The WHO and partners have developed guidance to further details. No #6 Continued from page 1 exchequer during the tenure of present management of ensure that those suffering from malaria can safely receive The Tokyo Olympics were postponed last month until the care they need within the package of essential health 2021 because of the Covid-19 pandemic. The committee doubling in part because of higher profits from the central NAB with two years which is record achievement. - NNI services to be delivered in COVID-19 settings. Tailoring employs about 3,500 people, and organisers say about 90 bank. Nevertheless, tax revenue is likely to contract in the No #10 Continued from page 3 malaria interventions in COVID-19 response includes per cent have been working from home for the last several second half compared with the year-ago period, although In third operation, ANF Peshawar in collaboration with guidance on the prevention of infection through vector weeks. higher-than-budgeted central bank profits, lower-than-bud- FC KP, 161 Wing, Mahsud Scouts arrested two accused control and chemoprevention, testing, treatment of cases, Organisers said the area in which he worked would be geted interest payments and fiscal savings from lower oil persons namely M Sabir Khan and Bakhat Muneer both res- clinical services, supply chain and laboratory activities. - disinfected, and people who worked nearby have been told prices will mitigate the effect of the contraction on the idents of Khyber and recovered 3 Kg Hashish and 1 Kg TLTP to stay home. Friday, April 24, 2020 TeleSchool project best way to impart education amid lockdown: Dr Alvi ISLAMABAD: President Arif tures given by teachers in the Alvi has said that online educa- class room. Alvi appreciated the tion is the best and easiest way to steps taken by the government to provide education to the students bring improvement in the educa- amid lockdowns. tion sector. He said it is a matter The President made the remarks of satisfaction that the provinces during his visit to TeleSchool have also been taken on board on Project here on Thursday. He the matter. declared as impressive and impor- Earlier, Minister for Education tant the TeleSchool project Shafqat Mahmood briefed the launched to enable the students President about the Tele School get education from homes in the project. He said this project will current lockdown situation. be taken forward and a mecha- The President said the online nism is being developed to get the education enables the students to feedback of teachers and students review and revisit the lectures, in order to further improve this ISLAMABAD: President Dr. Arif Alvi addressing an event during his visit to TeleSchool Project, here at Islamabad College for Girls, F-6, Thursday. - PID photo which is not possible in the lec- system. - TLTP Trump Global virus Rs69bn disbursed reaffirms States urged to death toll COVID-19 now 184,000 among 5.75mn ISLAMABAD: The world- support to wide death toll from coron- avirus pandemic has risen to families: Nishtar 184,000 while over 2.6 million clamp down on ISLAMABAD: Special Nishtar said that 80 percent pay- Pakistan declared cases have been regis- Assistant to the Prime Minister ment process under the first cate- tered. WASHINGTON: President on Social Protection and Poverty gory of this programme has been Donald Trump on Thursday According to reports, in United States, death toll from Alleviation, Dr Sania Nishtar completed while payments for reaffirmed US support to Thursday said that Rs69 billion the second category (SMS bene- Pakistan in its efforts to com- the pandemic now stands at have been disbursed among 5.75 ficiaries) are going on speedily. bat COVID-19, including by 47,600 with over 849,000 providing ventilators as well hate, intolerance infections from the virus. million deserving families under She said around 35 million as in the economic arena. The worst-hit region Europe the first two categories of Ehsaas applicants were rejected after During the daily White saw its death toll climb to Emergency Cash Programme. scrutinizing them on the basis of House briefing earlier in the another grim Addressing a press conference different parameters like wealth day, the president of United See#16 Page7 along with Pakistan Tehreek-e- profiling, poverty score States, Donald Trump criti- Insaf leader Dr Shahbaz Gill, Dr See#18 Page7 cized the media for not Hafeez to help reporting on the significant amid pandemic manufacturing of ventilators ISLAMABAD: A UN expert has including Christians, Jews, and intolerance. resolve telecom ADB approves $1.5bn in the scheduled coronavirus briefing. deplored the flare-up in some coun- Muslims for the spread of virus," In India, the ruling Hindu-nation- sector issues Trump said that United tries of religious intolerance result- the UN Special Rapporteur on free- alist BJP officials have blamed the States was making hundreds ing from the coronavirus, and dom of religion or belief, Ahmed Tableeghi Jamaat for spreading the ISLAMABAD: Adviser to the for Indonesia to fight of thousands of ventilators called for ensuring that the pan- Shaheed, said in a statement. virus that led to a spree of anti- Prime Minister on Finance and and helping all countries in demic is not "twisted" for political He urged authorities in the coun- Muslim attack across the country, Revenue Dr Abdul Hafeez need of the essential medical or economic gains. tries where minorities and ethnic as also denial of health and other Shaikh has assured his full sup- COVID-19 pandemic "I am alarmed to see the upsurge groups have been blamed for the facilities to the victims. apparatus. port and cooperation for the ISLAMABAD: The Asian hoods, and the economy. in incitement to hatred, scapegoat- spread of the infection to clamp "Any incitement to hatred Mentioning Pakistan, the resolution of the issues of tele- Development Bank (ADB) "COVID-19 has had a devastat- ing religious or belief communities, down on hate speech and religious See#13 Page7 American president said: com sector. Thursday approved $1.5 billion ing health, social, and economic "They would like to have The adviser on finance and in financing to support the gov- impact on Indonesia. I commend some ventilators. We're revenue gave this assurance on ernment of Indonesia's efforts to the government on its response to going to give them some Thursday while chairing a alleviate the impact of the novel the pandemic, including strong ventilators." high-level meeting. coronavirus disease (COVID-19) and well-coordinated In a telephonic yesterday, Malaria deaths in sub-Saharan See#17 Page7 pandemic on public health, liveli- See#19 Page7 Prime Minister Imran Khan and President Trump dis- cussed the coronavirus pan- Africa may double: WHO demic-related challenges, their implications on the ISLAMABAD: Severe disrup- fast and distribute malaria preven- deaths. global economy and the tions to insecticide-treated net tion and treatment tools at this Under the worst-case scenario, ways to mitigate the impact. campaigns and in access to anti- stage of the COVID-19 outbreak in in which all insecticide-treated net The US president appreci- malarial medicines could lead to a sub-Saharan Africa, and to do their (ITN) campaigns are suspended ated the prime minister's tele- doubling in the number of malaria utmost to safely maintain these and there is a 75% reduction in phone call and deaths in sub-Saharan Africa this essential malaria control services. access to effective antimalarial See#11 Page7 year compared to 2018, according The analysis considers nine sce- medicines, the estimated tally of to a new modelling analysis narios for potential disruptions in malaria deaths in sub-Saharan Relief critical released by WHO and partners on access to core malaria control tools Africa in 2020 would reach 769 Thursday, ahead of World Malaria during the pandemic in 41 coun- 000, twice the number of deaths for MidEast Day (25 April). tries, and the resulting increases reported in the region in 2018. airlines amid WHO urges countries to move that may be seen in cases and See#14 Page7 virus impacts, says IATA IDB offers financial support ISLAMABAD: The International Air Transport Association (IATA) Thursday renewed its call to Pakistan to fight virus for government relief meas- ISLAMABAD: The Islamic assured the bank's full support for response. The president assured his ures as the impacts of the Development Bank (IDB) the people and the government to full support for Pakistan and COVID-19 crisis in MENA Thursday offered financial support mitigate the negative impacts of informed that International Islamic deepen. to Pakistan amid the lockdown due COVID-19. Trade Finance Corporation (ITFC) The region's airlines, to coronavirus pandemic. Dr Bandar informed that the has been directed to immediately including of Saudi Arabia, President Islamic Development Boards of IDB Group have finalize US $500 million for UAE, Egypt, Morocco, Bank, Dr Bandar MH Hajjar had a approved the US $2.3 billion import of oil and LNG; and an Iran, Kuwait, Algeria, video call with Federal Minister 'Strategic Preparedness and amount of US $150 million is Qatar, Tunisia and Oman, for Economic Affairs, Makhdoom Response Package' for the IDB being allocated to mitigate the pan- could lose $24 billion of Khusro Bakhtiar to assure him of member countries to mitigate and demic impact. passenger revenue com- bank's support for Pakistan in the recover from the impact of the Makhdoom Khusro Bakhtiar pared to 2019. That is $5 testing times under the pandemic, COVID-19 pandemic in the short, appreciated the president IDB billion more than was according to press statement issued medium, and long-term. Group for his special priority for expected at the beginning by the Ministry of Economic This would be achieved through Pakistan. The minister also under- of the month, said IATA. Affairs. a holistic approach aimed to lined the needs of the member Job losses in aviation The President IDB thanked the accommodate priorities beyond the countries, and applauded See#12 Page7 minister for economic affairs and immediate and emergency See#15 Page7 Corona battle to last for long ISLAMABAD: The head of the load has reached nearly 2.5 mil- to get on with their lives, "We also issued a call with the World Health Organization lion, and more than 160,000 because their lives and liveli- World Trade Organization, call- (WHO) has warned against com- deaths. hoods are at stake. That's what ing on countries to ensure the placency as countries continue Tedros told journalists that WHO wants too. And that's what normal cross-border flow of vital to confront COVID-19 and citi- although lockdowns and physi- we are working for, all day, medical supplies and other goods zens grow weary of stay-at- cal distancing have helped sup- every day." and services, and to resolve home measures aimed at pre- press transmission in many However, Tedros said moving unnecessary disruptions to global venting the spread of the dis- countries, the virus remains forward will have to mean supply chains", Tedros further ease. "extremely dangerous". Most of accepting "a new normal", and said. "We need to ensure these WHO chief Tedros Adhanom the global population continues forging a world that is healthier, products reach those in need Ghebreyesus said that most to be highly susceptible, which safer and better prepared. quickly, and we emphasize the countries are still in the very means epidemics can easily re- He underlined the six public importance of regulatory cooper- early stages of their epidemics, ignite. health measures WHO has been ation and international stan- while some that had been affect- "One of the greatest dangers advocating since the pandemic dards." ed earlier are now starting to see we face now is complacency. started, which centre around "Stigma and discrimination are resurgence in cases. People in countries with stay-at- detection, isolation, testing, treat- never acceptable anywhere at any "Make no mistake: we have a home orders are understandably ment and quarantine. "Countries time, and must be fought in all long way to go. This virus will frustrated with being confined to that don't do these six central countries", he said, adding, "As I be with us for a long time", he their homes for weeks on end", things, and do them consistently, have said many times, this is a stated. he said. will see more cases, and more time for solidarity, not stigma". - The global COVID-19 case- "People understandably want lives will be lost", said Tedros. TLTP Published by Shakil Haider Jafri & Printed by Mukhtar Aqil at KK Printers for Data Research Communication, 111-C, Jami Commercial Phase VII, DHA Karachi.