News stories for Naseem Usman - Business Recorder

Naseem Usman

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

Markets

Weekly Cotton Review: Market witnesses bullish trend

KARACHI: Rains can affect the cotton crop. Price of cotton increased Rs. 200 per maund. Fluctuations in ...

Published 10 Aug, 2020 02:51am

Markets

Weekly Cotton Review: Prices witness significant decline

KARACHI: The prices of cotton in local market witnessed a significant decline of Rs 200 to Rs 250 per maund as...

Published 27 Jul, 2020 02:50am

Markets

Weekly Cotton Review: Prices remain stable

KARACHI: The prices of cotton remained stable while the increasing trend witnessed in the phutti supply. Rains are...

Published 20 Jul, 2020 02:33am

Markets

Weekly Cotton Review: Prices of cotton remain stable

KARACHI: The prices of cotton remained stable. Increase in the supply of Phutti. Adequate rainfall is beneficial for...

Published 13 Jul, 2020 02:40am

Markets

Weekly Cotton Review: Market remains bullish

KARACHI: The cotton market remained bullish. Proper rainfall will have a positive effect on the current crop. The...

Published 06 Jul, 2020 03:03am

Markets

Weekly Cotton Review: Bullish trend witnessed

KARACHI: Significant increase of Rs 600 per maund in the price of cotton. There is a gap between the demand and...

Published 29 Jun, 2020 02:41am

Markets

Weekly Cotton Review: Increasing trend in prices witnessed

KARACHI: The increasing trend in the prices of cotton witnessed due to the lesser supply of Phutti and increase in...

Published 22 Jun, 2020 03:03am

Markets

Weekly Cotton Review: Trading in new crop starts

KARACHI: Trading in cotton crop of new season 2020-21 has started in the cotton market. 3000 bales of new cotton ...

Published 15 Jun, 2020 03:13am

Markets

Weekly Cotton Review: Market witnesses slow trade

KARACHI: Positive measures related to agriculture in the budget will be beneficial for the cotton crop as the cotton...

Published 08 Jun, 2020 03:12am

Markets

WEEKLY COTTON REVIEW: Business remained low after Eid holidays

KARACHI: Double threats to cotton crop. Threats to cotton crop due to substandard seeds and Locust attack. Efforts...

Updated 01 Jun, 2020 09:36am

WEEKLY COTTON REVIEW: No trading activity witnessed for two months

Formulation of new cotton policy 2020-2021 is under process. Federal Committee on Agriculture (FCA) will announce the total estimates of cotton production and the total area of cotton cultivation. All Pakistan Textile Mills Association has presented their

Updated 21 May, 2020 05:22am

WEEKLY COTTON REVIEW: Stock holders hope trading activities will start

It is hoped that trading activities will start in the cotton market after the government has given the permission to the textile sector to resume their operations. Cotton crop is under threat of Locust attack. Summary of fixing the support price of cotton

Published 11 May, 2020 12:04am

Business & Finance

WEEKLY COTTON REVIEW: No trading activity for almost two months

Formulation of new cotton policy 2020-2021 is under process. Federal Committee on Agriculture (FCA) will announce the total estimates of cotton production and the total area of cotton cultivation.

Published 04 May, 2020 12:07am

Business & Finance

WEEKLY COTTON REVIEW: No trading activity because of lockdown

The sowing of cotton is successfully going on. Cotton production is expected to increase. The new crop of cotton is expected to start arriving partially from the month of June in Sindh. Export sector is demanding restoration of zero rated status.

Published 27 Apr, 2020 02:51am

Business & Finance

WEEKLY COTTON REVIEW: No business in local market

The government should fix the support price of cotton as early as possible. The positive measures of the government will be beneficial for textile and business sector in the long run. Hints of establishing task force in four divisions of Punjab to increas

Published 20 Apr, 2020 12:00am

Business & Finance

WEEKLY COTTON REVIEW: Business activities remain suspended

Increasing trend was witnessed in the international cotton markets. Like textile mills of Punjab textile mills of Sindh hinted to start operations partially. State Bank of Pakistan has announced a refinance scheme for the payments of salaries to the worke

Published 13 Apr, 2020 12:00am

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
FTSE 100 / Jan 22	8,545.13
Dow Jones / Jan 22	44,156.73
Germany DAX 30 / Jan 22	21,254.27
France CAC40 / Jan 22	7,837.40
India Sensex / Jan 23	76,579.87
Tokyo Nikkei / Jan 23	40,000.30

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
Pak Gen.Ins. / Jan 23 The Pakistan General Insurance Co. Ltd.(PKGI)	8.85 ▲ 0.96 (12.17%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Sindh Abadgar / Jan 23 Sindh Abadgar's Sugar Mills Limited(SASML)	45 ▲ 4.00 (9.76%)
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%)
Shadman Cotton / Jan 23 Shadman Cotton Mills Limited(SHCM)	37.84 ▲ 3.10 (8.92%)
Suhail Jute / Jan 23 Suhail Jute Mills Limited(SUHJ)	111.80 ▲ 8.80 (8.54%)
Idrees Tex. / Jan 23 Idrees Textile Mills Limited(IDRT)	14.75 ▲ 1.13 (8.30%)
Gulshan Sp. / Jan 23 Gulshan Spinning Mills Limited(GSPM)	4.13 ▲ 0.31 (8.12%)

Stock	Price
TPL Life Insur. / Jan 23 TPL Life Insurance Limited(TPLL)	46.06 ▼ -4.94 (-9.69%)
Ashfaq Textile / Jan 23 Ashfaq Textile Mills Limited(ASHT)	14 ▼ -1.50 (-9.68%)
ZIL Limited / Jan 23 ZIL Limited(ZIL)	228 ▼ -23.95 (-9.51%)
Jubilee Spinning / Jan 23 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10 ▼ -1.04 (-9.42%)
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	11 ▼ -1.13 (-9.32%)
Sapphire Textile / Jan 23 Sapphire Textile Mills Limited(SAPT)	1,116.06 ▼ -108.70 (-8.88%)
Supernet Tech. / Jan 23 Supernet Technologies Limited(STL)	870.10 ▼ -77.29 (-8.16%)
Calcorp Ltd / Jan 23 Calcorp Limited(CASH)	33.10 ▼ -2.83 (-7.88%)
Punjab Oil / Jan 23 Punjab Oil Mills Limited(POML)	146.01 ▼ -11.64 (-7.38%)

Stock	Volume
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.01
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	96,976,679 ▲ 0.10
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 1.75
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▲ 0.05
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	22,197,240 ▲ 0.84
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	20,405,719 ▲ 3.65
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	18,649,899 ▲ 0.10
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 1.71
Power Cement / Jan 23 Power Cement Limited(POWER)	16,191,532 ▲ 0.32

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