News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

Weekly Cotton Review: Prices remain stable

KARACHI: Cotton prices in Pakistan remained stable last week, however, trading activity was subdued. A bearish trend...

Published 23 Dec, 2024 06:03am

Markets

Weekly Cotton Review: Prices fluctuate amid robust trading volume

KARACHI: The local cotton market witnessed a continuous fluctuation in prices over the past week. However, the...

Published 16 Dec, 2024 07:07am

Markets

Weekly Cotton Review: Spot rate declines as market faces fluctuations

KARACHI: The cotton market is currently experiencing a period of fluctuations. This year cotton production has seen ...

Published 09 Dec, 2024 06:43am

Markets

Weekly Cotton Review: Prices continue to fall amid low trade volumes

KARACHI: In local market, prices of cotton continued to decline. Trading volumes also remained relatively low....

Published 02 Dec, 2024 06:50am

Markets

Weekly Cotton Reviews: Prices decline amid low trading volumes

KARACHI: Cotton prices have witnessed a decline, while New York cotton prices have shown an upward trend. Trading...

Published 25 Nov, 2024 06:15am

Markets

Weekly Cotton Review: Spot rate decreases as mixed trend prevails

KARACHI: A mixed trend prevailed in cotton prices during the previous week, with low trading volume and a decline in...

Published 18 Nov, 2024 02:54am

Markets

Weekly Cotton Review: Overall stability observed in prices

KARACHI: Overall stability was observed in cotton prices. New York cotton prices saw an increase. However, business...

Published 11 Nov, 2024 06:03am

Markets

Weekly Cotton Review: Spot rate soars amid improved volumes

KARACHI: Overall stability was seen in cotton prices during previous week, having an improved business volume. The...

Published 04 Nov, 2024 03:29am

Markets

Weekly Cotton Review: Prices likely to decline; business volume improves

KARACHI: After stability in cotton prices, a decline now is expected. Business volume has; however, improved along...

Published 28 Oct, 2024 06:21am

Markets

Weekly Cotton Review: Import on the rise as local production sees a big fall

KARACHI: Cotton production has decreased by 29 lac bales (48.26%) which is an alarming level. Total production is...

Published 21 Oct, 2024 07:49am

Markets

Weekly Cotton Review: Prices improve; business volumes increase

KARACHI: Federal Minister of Trade Jam Kamal Khan has emphasised the need to intensify efforts for the restoration ...

Published 14 Oct, 2024 06:24am

Markets

Weekly Cotton Review: PCGA predicts 60pc decline in production; prices remain stable

KARACHI: Pakistan Cotton Ginners Association (PCGA) has predicted an alarming 60 percent decline in cotton...

Published 07 Oct, 2024 07:41am

Markets

Weekly Cotton Review: Market witnesses extreme volatility

KARACHI: The cotton market witnessed unprecedented volatility over the past four days, with prices fluctuating by Rs...

Published 30 Sep, 2024 07:06am

Markets

Weekly Cotton Review: Surge in prices witnessed

KARACHI: Cotton prices continue to rise, with international rates also surging. Trading volume has improved. ...

Published 23 Sep, 2024 06:45am

Markets

Weekly Cotton Review: Improvement in weather helps prices increase

KARACHI: The local cotton market witnessed an overall increase in prices during the past week. Changing weather...

Published 16 Sep, 2024 06:49am

Markets

Weekly Cotton Review: Prices drop amid low trading volumes

KARACHI: Overall decline in cotton prices, with spot rates dropping by Rs 700 per pound. Trading volume remain...

Published 09 Sep, 2024 07:03am

Markets

Weekly Cotton Review: Prices surge significantly as rains affect supply

KARACHI: A significant surge has been observed in cotton prices, with a Rs1000 per maund increase in spot rates. The...

Published 02 Sep, 2024 06:40am

Markets

Weekly Cotton Review: Prices stable amid low trading volume

KARACHI: Cotton prices remained stable during previous week though trading volume was low. Ginning factories are...

Published 26 Aug, 2024 07:01am

Markets

Weekly Cotton Review: Rains cause surge in prices

KARACHI: The ongoing spell of rains in the cotton belt has led to a surge in cotton prices, while business volume...

Published 19 Aug, 2024 03:20am

Markets

Weekly Cotton Review: Cautious buying brings spot rate down

KARACHI: The cotton market is experiencing a downturn due to the recent rains. The spot rate is decreased by Rs 200...

Published 12 Aug, 2024 06:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular