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Traders suspend activities amid third corona wave

Traders suspend activities amid third corona wave
Peshawar
April 2, 2021
PESHAWAR: All Pakistan Anjuman-e-Tajiran has announced suspension of all functions and activities in Khyber Pakhtunkhwa including Peshawar in the wake of the third wave of coronavirus and increasing cases.
Speaking at a news conference at Peshawar Press Club on Thursday, provincial organiser Abdullah Saraf, central vice-president Zafar Khattak, general secretary Peshawar Abdur Razaq Chitrali, chairman Ishtiaq Ahmad, vice-chairman Haji Shah Mohammad, vice-president Bashir Zada and others said they would extend every possible support to the government to cope with the pandemic but asked the rulers to take practical steps to provide relief to traders. ....

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Karachi traders once again reject 8pm market closure order

KARACHI: Traders in Pakistan s financial capital have once again rejected the Sindh government s coronavirus-related order to close markets by 8pm — in line with their stance last year when. ....

Murad Ali Shah , Sindh Chief Minister Murad Ali Shah , முராத் அலி ஷா , சிந்த் தலைமை அமைச்சர் முராத் அலி ஷா ,

Body of city traders moots closing down shops at 7 pm

Body of city traders moots closing down shops at 7 pm
Body of city traders moots closing down shops at 7 pm
ByVijay ChavanVijay Chavan / Updated: Apr 1, 2021, 06:00 IST
Federation of Trade Association of Pune appeals to members to wrap up
business hour before PMC deadline, claiming this will prevent infection spread and possible
lockdown
As a lockdown-like situation looms large over the city, various unions and organisations attached with several trades and services have demanded to extend the 8 pm deadline of the business hours. But Federation of Trade Association of Pune (FTAP), the largest association of
traders in the city, has appealed to its members to close their ....

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Deliveroo IPO debacle leaves small investors with bad taste

5 Min Read
LONDON (Reuters) - London-based amateur trader Amy Lee wasn’t sure whether to buy shares in Deliveroo’s stock market debut but decided eventually to take the leap, swayed by ad campaigns on the food delivery company’s app.
FILE PHOTO: A deliveroo delivery driver cycles through the centre of Manchester, Britain, March 8, 2021. REUTERS/Phil Noble/File Photo
“I took a gamble,” she said. “It was my own fault, but I think I was swayed by the thought ‘surely Deliveroo wouldn’t advertise a bad product to their customers through their app. That would be stupid right?’”
Lee and others like her who were allocated shares worth a total of 50 million pounds ($69 million) are nursing paper losses after Deliveroo shares plunged as much as 30% on their London Stock Exchange debut on Wednesday. ....

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Nifty Analysis: Tech View: Don't read too much into the moving averages; Nifty showing strength

NEW DELHI: Nifty50 climbed over 1 per cent on Thursday and formed a bullish candle on the daily chart with a long lower wick, which reflected buying at lower levels with support at the 13-day moving average.
At close, the index stood above its 20-day and 50-day simple moving averages and nullified the Bearish Belt Hold pattern formed in the previous session. Analysts advised traders not to read much into the moving averages in a sideways market, but believe a breach of the 14,900 level could bring the bulls back into the game.
Chandan Taparia of Motilal Oswal Securities said Thursday s bullish candle was healthy. He said the index has formed higher lows in last two sessions and managed to hold above the 50-day exponential moving average (EMA). ....

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