News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

Weekly Cotton Review: Trading volume satisfactory, rate remains stable

KARACHI: The rate of cotton remained stable. Bearish trend witnessed in international cotton market. Sowing of ...

Updated 01 Feb, 2021 09:06am

Markets

Weekly Cotton Report: Bullish trend continues

KARACHI: The bullish trend remained continued in both national and international cotton markets. The cotton sowing ...

Published 25 Jan, 2021 04:23am

Markets

Weekly Cotton Review: Bullish trend prevails in markets

KARACHI: Bullish trend prevails in national and international cotton markets. No strategy was evolved up till now to...

Published 18 Jan, 2021 04:10am

Markets

Weekly Cotton Review: Bullish trend witnessed

KARACHI: The rate of cotton reached at Rs 11000 per maund which is highest in last ten years. The bullish trend was...

Published 11 Jan, 2021 02:58am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 23	278.71
USD PKR Interbank Buying / Jan 23	278.56
USD to Japanese Yen / Jan 23	156.57
USD to Swiss Franc / Jan 23	0.91
Pound Sterling to USD / Jan 23	1.23
Euro to USD / Jan 23	1.04

Stock	Volume
S&P 500 / Jan 22	6,086.37
Nasdaq / Jan 22	20,009.34
Dow Jones / Jan 22	44,156.73
India Sensex / Jan 23	76,579.87
Tokyo Nikkei / Jan 23	40,000.30
Hang Seng / Jan 23	19,695.88
FTSE 100 / Jan 23	8,544.98
Germany DAX 30 / Jan 23	21,282.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 22	18,485
Gold 10 Grams PKR / Jan 22	246,440
Petrol/Litre / Jan 23	256.13
Crude Oil USD/Barrel / Jan 23	75.19
Gold Spot USD/Ounce / Jan 23	2,754.03
Diesel/Litre / Jan 23	260.95

Gainers
Losers
Leaders

Stock	Price
Apna Microfin. / Jan 23 Apna Microfinance Bank Limited(AMBL)	10.51 ▲ 0.98 (10.28%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Mughal Energy / Jan 23 Mughal Energy Limited(GEM)(GEMMEL)	21.45 ▲ 1.95 (10.00%)
Saritow Spinning / Jan 23 Saritow Spinning Mills Limited(SSML)	10 ▲ 0.88 (9.65%)
Pak Engineering / Jan 23 Pakistan Engineering Company Limited(PECO)	808.99 ▲ 70.65 (9.57%)
Fateh Sports / Jan 23 Fateh Sports Wear Limited(FSWL)	85.99 ▲ 7.42 (9.44%)
Parmount Sp. / Jan 23 Paramount Spinning Mills Limited(PASM)	4.80 ▲ 0.41 (9.34%)
Arpak Int. / Jan 23 Arpak International Investments Ltd.(ARPAK)	76.50 ▲ 6.31 (8.99%)
Suhail Jute / Jan 23 Suhail Jute Mills Limited(SUHJ)	111.80 ▲ 8.80 (8.54%)

Stock	Price
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	11 ▼ -1.13 (-9.32%)
J.K.Spinning / Jan 23 J.K. Spinning Mills Limited(JKSM)	60.50 ▼ -6.14 (-9.21%)
Universal Ins. / Jan 23 The Universal Insurance Company Limited(UVIC)	9.01 ▼ -0.82 (-8.34%)
Shadman Cotton / Jan 23 Shadman Cotton Mills Limited(SHCM)	32.01 ▼ -2.73 (-7.86%)
Hafiz Ltd. / Jan 23 Hafiz Limited(HAFL)	260.11 ▼ -21.57 (-7.66%)
Fecto Cement / Jan 23 Fecto Cement Limited(FECTC)	107.51 ▼ -8.89 (-7.64%)
Unicap Modaraba / Jan 23 Unicap Modaraba(UCAPM)	2.82 ▼ -0.22 (-7.24%)
Masood Textile / Jan 23 Masood Textile Mills Limited(MSOT)	49 ▼ -3.80 (-7.20%)
Mehmood Tex / Jan 23 Mehmood Textile Mills Limited(MEHT)	623.02 ▼ -45.98 (-6.87%)

Stock	Volume
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.09
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	96,976,679 ▲ 0.39
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 1.57
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	30,772,477 ▲ 0.64
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▼ -0.08
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	20,704,177 ▲ 3.64
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	19,952,055 ▲ 0.24
Maple Leaf Cement / Jan 23 Maple Leaf Cement Factory Limited(MLCF)	18,088,273 ▲ 1.41
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 1.47

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