News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

Weekly Cotton Review: Upward trend in rates continues

KARACHI: The upward trend in the prices of cotton remained continued. Bullish trends remained in international ...

Updated 04 Jan, 2021 03:11am

Markets

Weekly Cotton Review: Increasing trend in rate continues

KARACHI: The increasing trend in the rate of cotton continued. International market remained positive. The textile...

Published 28 Dec, 2020 02:51am

Markets

Weekly Cotton Review: Rate increases in local market

KARACHI: Alarming decline of 2.8 million bales in the production of cotton. Under the influence of bullish trend in...

Published 21 Dec, 2020 02:47am

Markets

Weekly Cotton Review: Rate remains stable

KARACHI: The rate of cotton remained stable. According to the USDA report there is an increase of 45% in the exports...

Published 14 Dec, 2020 02:49am

Markets

Weekly Cotton Review: Market, rate remain stable

KARACHI: Drastic decrease in the production of cotton. The rate of cotton remained stable. There is a need to take...

Published 07 Dec, 2020 03:11am

Markets

Weekly Cotton Report: Business volume remains satisfactory with stable rate

KARACHI: The rate of cotton remained stable. There is a need to take positive steps for increasing the production of...

Published 30 Nov, 2020 02:58am

Markets

Weekly Cotton Report: Cautious buying observed, rates increased

KARACHI: The rate of cotton increased by Rs 200 to Rs 300 per maund under the influence of bullish trend in the...

Published 23 Nov, 2020 02:52am

Markets

Weekly Cotton Review: Bearish trend continues in local market

KARACHI: The bearish trend continues in the rate of cotton. Due to the fear of COVID19 textile mills are avoiding to...

Published 16 Nov, 2020 02:46am

Markets

Weekly Cotton Review: Trading volume, rates show decreasing trends

KARACHI: There is a significant reduction of Rs 400 per maund in the rate of cotton. The rate of Phutti is also...

Published 09 Nov, 2020 02:46am

Markets

Weekly Cotton Review: Rates show declining trend

KARACHI: The new wave of COVID 19 has negative impact on the rate of cotton and the rate of cotton decreased by Rs....

Published 02 Nov, 2020 02:52am

Markets

Weekly Cotton Review: Fluctuation of rates observed

KARACHI: Fluctuation was seen in the rate of cotton. Bearish trend was seen in the rate of Khal and Banola. Majority...

Published 26 Oct, 2020 02:52am

Markets

Weekly Cotton Review: Business remains low

KARACHI: Fluctuation of Rs 1000 per maund in the rate of cotton. The spot rate increased by Rs 300 per maund. ...

Published 19 Oct, 2020 03:02am

Markets

Weekly Cotton Report: Increase in demand, rate witnessed

KARACHI: The rate of cotton reached at Rs 9800 per maund which is highest in ten years. Up till now agreements for...

Published 12 Oct, 2020 02:58am

Markets

Weekly Cotton Review: Trading volume, price witness increase trend

KARACHI: Cotton productions drop alarmingly by 10 lac bales. Annual production of cotton is estimated to be 86 lac...

Published 05 Oct, 2020 02:38am

Markets

Weekly Cotton Review: Prices continue to rise due to decline in production

KARACHI: Cotton prices continue to rise due to reports of significant decline in the crop. The rate of cotton ...

Published 28 Sep, 2020 03:07am

Markets

Weekly Cotton Review: Increasing trend in prices witnessed

KARACHI: Cotton production witness reduction by 44% during current year, and textile mills has increased the import...

Published 21 Sep, 2020 03:09am

Markets

Weekly Cotton Review: Significant reduction in price witnessed

KARACHI: A significant reduction of Rs 400 per maund in the price of cotton observed. The crops were affected due to...

Published 14 Sep, 2020 02:36am

Markets

Weekly Cotton Report: Prices increase under influence of int'l market

KARACHI: Continuous rains affected the cotton crop due to which farmers are worried. Prices of cotton increased by ...

Published 07 Sep, 2020 02:21am

Markets

Weekly Cotton Review: Bullish trend witnessed in local market

KARACHI: Under the influence of increasing trends in the rate of cotton internationally the rate of cotton increased...

Published 24 Aug, 2020 02:42am

Markets

WEEKLY COTTON REVIEW: Mixed trend witnessed in int'l markets

KARACHI: The rate of the cotton remained stable. Mixed trend was witnessed in the international cotton markets. ...

Published 17 Aug, 2020 02:32am

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
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Cotton US¢/pound / Dec 23	68.96
Petrol/Litre / Dec 24	252.10

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

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