CMYK
Friday, 13 March, 2020 I 18 Rajab, 1441 I Rs 20.00 I Vol X No 254 I 16 Pages I Islamabad Edition
Coronavirus: sindh sChools Closed till June, nsC summoned g
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Pm SummoNS NSC mooT ToDAY AS CoviD-19 CASeS TouCH 21 wiTH FreSH CASe rePorTeD iN SKArDu
SiNDH Cm murAD Ali SHAH SAYS FeDerAl GovT NoT FullY PrePAreD To TACKle ouTBreAK
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PuNjAB imPoSeS HeAlTH emerGeNCY, miNiSTer SAYS SiTuATioN NeeDS To Be TAKeN SeriouSlY
Silence doesn't mean surrender, says Maryam g
Pml-N leADer SAYS DeTeNTioN HAS STreNGTHeNeD Her reSolve To STAND BY CiviliAN SuPremACY AND CoNSTiTuTioN ISLAMABAD STAFF REPORT
ISLAMABAD
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STAFF REPORT
rime minister imran Khan on Thursday called an emergency meeting of the National Security Committee (NSC) on Friday to chalk up a strategy in wake of the surge in cases of the deadly coronavirus in Pakistan, as the Sindh government announced that all educational institutions in the province will remain closed till may 30, 2020. The NSC meeting will be attended by the chief ministers of all four provinces along with the defence, interior and foreign ministers. Pm’s on health Dr Zafar mirza, economic adviser Abdul Hafeez Sheikh, media adviser Firdous Ashiq Awan and national security division aide moeed Yusuf will also be present. All three heads of the armed forces
and the directors-general of inter-Services intelligence (iSi) and intelligence Bureau (iB) will also attend the meeting among other officials. After the emergence of another case in Gilgit-Baltistan (GB) on Thursday, Pakistan has reported 21 confirmed cases of the virus and all of them had travel histories. The latest case was reported in Shigar, Skardu, where the case of a 31year-old man who recently returned from iran was found positive.
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Army ready to play its role in containing coronavirus STORY ON PAGE 03
Pakistan muslim league-Nawaz (Pml-N) vice President maryam Nawaz on Thursday made her public appearance after an absence of few months and said she wouldn’t back off from her stance of civilian and constitutional supremacy. Speaking to journalists during her visit to the residence of former prime minister Shahid Khaqan Abbasi, the former first daughter said that she had remained “silent” over the past few months due to “personal reasons”. She was accompanied by Abbasi, miftah ismail and mariyum Aurangzeb. “First, if anyone thinks that by putting me in jail without any reason i can be scared or subdued, they should know that my
Bloodbath at PSX, index plummets over 1,700 points
urGeS FATHer To Go ForwArD wiTH TreATmeNT, SAYS Her DeSire To Be wiTH Him DuriNG SurGerY SHoulDN’T Be
resolve to stand by civilian supremacy and constitution has strengthened, not weakened,” Nawaz’s daughter said. “my father went abroad for medical treatment and [when he left] his life was in danger. Now he is better than before. i don’t want to cause him pain and do not want him to abandon treatment and return because of me. “i am under my party’s discipline. whenever my party leadership, my seniors give me instructions to come forward and play my role, you will not find me lagging behind.” Speaking about her father’s treatment in london, she refuted the media reports that Nawaz doesn’t want treatment because of her absence. “This is completely false,” she said, adding her father was hospi-
talised twice but the timing of his surgical procedure coincided with her court hearing, which made my father say that he could wait for a day or two to see if maryam can make it to london, otherwise “we’ll see once her hearing is over”. She said being wanting to be with her father is a valid wish which shouldn’t be politicised and she “wants to be there with him when he is going through a major heart procedure” especially after her mother passed away. “if i get permission [to travel] then it’s fine but if courts don’t allow me to leave then i urge mian sahib to get his procedure done as soon as possible.” She also thanked her party workers and Abbasi for supporting the party in the hard times.
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more inside
PM gives go ahead to five-year trade policy, says Dawood
KARACHI ARIBA SHAHID
investors of the Pakistan Stock exchange (PSX) witnessed bloodbath on Thursday, as the indices nosedived right from the word go, triggering a 45-minute ‘market halt’ (at 2:13p.m.) for the second time this week. A ‘market halt’ is a standard protocol for risk management purposes which is triggered when the KSe-30 index moves 4 per cent either way and remains there for five consecutive minutes. Shedding 1,777.48 points, the KSe100 index touched its intraday low at 35,895.77. Amid lack of triggers, it settled lower by 1,716.56 points or -4.56pc at 35,956.69. Among other indices, the KSe-30 index lost 936.44 points to close at 15,992.37, while the KSe All Share index lost 816.70 points, settling at 25,310.97. of the total traded shares, 42 advanced and 240 declined. Top losers of the day included The Bank of Punjab (-6.76pc), Fauji Cement Company (-6.93pc), maple leaf Cement Factory (-6.70pc), K-electric limited (-4.28pc) and Pioneer Cement limited declining (-6.50pc). while the market sentiments were on the low, it was interesting to note that the
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Pm aide says new policy will focus on value-added sectors
STORY ON BACK PAGE
NAB arrests Jang Group CEO Mir Shakilur Rehman in land case cement companies were performing strongly on the stock market off late. Analysts believe that this was due to the cyclical benefits that the cement sector will witness due to the global plunge in oil price. Hamza Kamal, an investment analyst from AKD securities, commented that the decline posted by the PSX was in line with global market trends and also due to a strong cool off in cement.
Speaking on the drop, Arsalan Soomro, managing Director KASB noted, “The globalization of coronavirus is belatedly taking a toll on Pakistan stock market as well. The risk-off mode – coupled with PKr depreciation coinciding SCrA outflows – is turning the mood sombre.”
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CMYK
STORY ON PAGE 03
Trump stops flights from Europe, global alarm over coronavirus spreads STORY ON BACK PAGE