News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

Weekly Cotton Review: Punjab witnesses decline in production

KARACHI: The Pakistan Cotton Ginners Association (PCGA) has announced a historic strike in the country’s ginning...

Published 01 Jul, 2024 07:01am

Markets

Weekly Cotton Review: Spot rate decreases by Rs1700/maund

KARACHI: Significant decline in cotton prices. Spot rate decreased by Rs 1700 per maund. Mills make cautious...

Published 24 Jun, 2024 07:00am

Markets

Weekly Cotton Review: Stagnant prices amid extremely slow business

KARACHI: Cotton prices are stagnant, and business is extremely slow. However, there will be an improvement in...

Published 17 Jun, 2024 05:30am

Markets

Weekly Cotton Review: Prices firm amid limited supply

KARACHI: The cotton price remained stable during the previous week. The difference between demand and supply is...

Published 10 Jun, 2024 06:52am

Markets

Weekly Cotton Review: Prices decline after initial surge

KARACHI: Cotton prices showed an initial surge, followed by a decline. The market witnessed a significant drop of Rs...

Published 03 Jun, 2024 06:30am

Markets

Weekly Cotton Review: Market lacks lustre despite start of new season

KARACHI: The new season of cotton has already begun and at least two ginning factories have partially started...

Published 27 May, 2024 05:52am

Markets

Weekly Review: Cotton prices slightly down; yarn traders say seek a level playing field

KARACHI: The new season of cotton has partially begun. There has been an increase in the partial arrival of cotton...

Published 20 May, 2024 05:44am

Markets

Weekly Review: Amid low business, cotton prices decline

KARACHI: Cotton prices declined amid very low business. Limited quantity of cotton is available now and arrival of...

Published 13 May, 2024 06:08am

Markets

Weekly Cotton Review: Prices slump amid dismal business volumes

KARACHI: The decline in cotton prices continued during the previous week. Business volume is extremely low. The...

Published 06 May, 2024 05:30am

Markets

Weekly Cotton Review: Prices continue to decline on global downturn

KARACHI: The decline in cotton prices continues, as a decrease of Rs 800 per maund in spot rate was witnessed this...

Published 29 Apr, 2024 04:49am

Markets

Weekly Cotton Review: Global price decline finds its reflection in local market

KARACHI: The international cotton prices are experiencing a significant decrease, leading to a local decline. There...

Published 22 Apr, 2024 04:39am

Markets

Weekly Review: Cotton production surges 71pc to 8.4m bales

KARACHI: Cotton production has surged by 71%, reaching a total of 8.4 million bales; however, ginners have left with...

Published 08 Apr, 2024 04:46am

Markets

Weekly Cotton Review: Prices stable on cotton market amid low business volumes

KARACHI: There was stability in cotton prices, though business volume was quite low. New crop advance deals have...

Published 01 Apr, 2024 05:34am

Markets

Weekly Cotton Review: No change in spot rate amid falling business volumes

KARACHI: Stability in cotton prices remains elusive as business volume sees a significant downturn. Ginners are now...

Published 25 Mar, 2024 05:47am

Markets

Weekly Cotton Review: Rates stable despite decreased business volumes

KARACHI: The prices of cotton remained stable despite decreased business volume in the local cotton market. Textile...

Published 18 Mar, 2024 04:56am

Markets

Weekly Cotton Review: Prices fluctuate amid low trade volumes

KARACHI: Domestic cotton prices have shown a mixed trend recently, influenced by the fluctuations in New York cotton...

Published 11 Mar, 2024 04:45am

Markets

Weekly Review: Cotton rates stable amid low business volumes

KARACHI: The price of cotton remained stable during the last week, amid a low business volume. However, the...

Published 26 Feb, 2024 05:07am

Markets

Weekly Cotton Review: Prices continue to rise amid dwindling supply

KARACHI: There has been a significant increase in the price of cotton, with a further rise of Rs 1000 per maund. The...

Published 19 Feb, 2024 05:24am

Markets

Weekly Cotton Review: Prices continue to rise amid lacklustre business conditions

KARACHI: Cotton prices continued to rise during the previous week amid a limited business volume. There has been a...

Published 12 Feb, 2024 06:25am

Markets

Weekly Cotton Review: Slight increase in rate amid cautious buying

KARACHI: In a recent development, cotton production in Pakistan has surged to 83 lac and fifty thousand bales,...

Published 05 Feb, 2024 06:08am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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