Stocks cruise in result rally amid economic hopes
Business
January 28, 2021
Stocks headed further north on Wednesday in result season rally with oil sector, especially refineries, blazing the trail amid sentimental support from IMF’s economic growth projections, dealers said.
Pakistan Stock Exchange s (PSX) benchmark KSE-100 shares index gained 0.37 percent or 170.75 points to close at 46,458.13 points. Volumes increased to 610.940 million shares, from 603.240 million shares on Tuesday. KSE-30 shares index also hit a high 0.58 percent or 111.27 points to end at 19,370.27 points level.
Brokerage Topline Securities in its daily market review said higher forecast for global economic growth in 2021 by IMF and ongoing smooth rollover week strengthened investor sentiment with the market making an intraday high of 410 points.
President hails ROK, Belarus ties By AN BAIJIE | CHINA DAILY | Updated: 2021-01-27 07:25 Share CLOSE TAILG Group, one of China s leading electric vehicle manufacturers, donated 10,000 face masks and other anti-epidemic materials to South Korea. [Photo provided to chinadaily.com.cn]
China and the Republic of Korea should make full use of the cooperation system for disease control and the fast-track arrangement to serve the economic growth of both nations, President Xi Jinping said on Tuesday.
Xi made the remark in a phone call with ROK President Moon Jae-in. He also spoke by phone with Belarusian President Alexander Lukashenko on Tuesday.
Wednesday, 27 January 2021 - 4:45
The European Union (EU) and Sri Lanka held their 23rd meeting of the Joint Commission on 25 January 2021, via video conference. This was the first Joint Commission under the new leadership in both the European Union and Sri Lanka.
The Joint Commission meeting, held in a cordial and open atmosphere wih the EU and Sri Lanka exchanging views on a wide array of subjects, reaffirming the deep cooperation ties and the willingness to strengthen the relationship between the people of the EU and Sri Lanka further.
Full text of the Joint Press Statement - 23rd meeting of the EU-Sri Lanka Joint Commission
NWS Weather Prediction Center College Park MD, 427 PM EST Mon Jan 25 2021
Valid Friday January 29 2021 - Tuesday February 02 2021
Hazards:
- Heavy rain across portions of California and the Pacific Northwest, Sun-Tue, Jan 31-Feb 2.
- Heavy rain across portions of California and the Pacific Northwest, Sat-Mon, Jan 30-Feb 1.
- Heavy rain across portions of the Lower Mississippi Valley, the Tennessee Valley, the Southern Plains, the Middle Mississippi Valley, the Great Lakes, and the Ohio Valley, Fri-Sat, Jan 29-Jan 30.
- Heavy rain across portions of the Mid-Atlantic, Sun-Mon, Jan 31-Feb 1.
- Heavy snow across portions of California, the Pacific Northwest, and the Northern Great Basin, Sat-Mon, Jan 30-Feb 1.
SunStar
SMC Skyway 3 January 27, 2021 When everything was at a standstill, San Miguel Corporation (SMC) pushed through and built the country s game-changing infrastructure, Skyway Stage 3, one of the largest and most ambitious infrastructure projects to date that provides a seamless link between North and South Luzon and eases Metro Manila traffic.
Skyway Stage 3 elevated accessibility of goods and services during a tumultuous time in the Philippine economy as it grappled with the effects of the pandemic.
The 18-kilometer elevated expressway extending Skyway 1 and 2 from Buendia all the way to the North Luzon Expressway provided hope to millions of Filipinos under the collaborative leadership of President Rodrigo Roa Duterte and SMC President Ramon Ang by spurring the economic recovery in the country.