News stories for Naseem Usman - Business Recorder

Naseem Usman

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

Markets

Weekly Cotton Review: Prices rise amid low business volumes

KARACHI: Cotton prices have risen by Rs 500 to Rs 1000 per maund, with Rs 600 per maund increase in spot rates....

Published 05 Aug, 2024 06:12am

Markets

Weekly Cotton Review: Spot rate down as bearish trend prevails

KARACHI: A bearish trend prevailed in the cotton market, sending spot rate drop by Rs 1000 per maund. International...

Published 29 Jul, 2024 06:37am

Business & Finance

Stability on cotton market as business activity picks up

KARACHI: The cotton market remained stable, with a notable increase in business activity. Favourable rainfall has...

Updated 22 Jul, 2024 08:27am

Markets

Weekly Cotton Review: Market witnesses satisfactory business volume

KARACHI: The cotton market has stabilized, with a satisfactory business volume. However, trading activity was...

Published 15 Jul, 2024 06:29am

Markets

Weekly Cotton Review: Prices rise amid good business volume

KARACHI: Cotton prices are on the rise, as spot rate has been increases by Rs 600 per maund. The reason behind...

Published 08 Jul, 2024 06:09am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 22	278.92
USD PKR Interbank Buying / Jan 22	278.72
USD to Japanese Yen / Jan 22	156.50
USD to Swiss Franc / Jan 22	0.91
Pound Sterling to USD / Jan 22	1.23
Euro to USD / Jan 22	1.04

Stock	Volume
S&P 500 / Jan 22	6,086.37
India Sensex / Jan 22	76,404.99
Tokyo Nikkei / Jan 22	39,871.68
Nasdaq / Jan 22	20,009.34
Hang Seng / Jan 22	19,872.38
FTSE 100 / Jan 22	8,545.13
Dow Jones / Jan 22	44,156.73
Germany DAX 30 / Jan 22	21,254.27

Item	Value
Crude Oil USD/Barrel / Jan 22	75.20
Karachi Cotton PKR/37.32 KG / Jan 22	18,485
Gold 10 Grams PKR / Jan 22	246,440
Gold Spot USD/Ounce / Jan 22	2,751.09
Cotton US¢/pound / Jan 22	66.97
Petrol/Litre / Jan 23	256.13

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%)
Crescent Cotton / Jan 23 Crescent Cotton Mills Limited(CCM)	59.89 ▲ 5.44 (9.99%)
Power Cem(Pref) / Jan 23 Power Cement (Pref)(POWERPS)	13.22 ▲ 1.20 (9.98%)
Masood Textile / Jan 23 Masood Textile Mills Limited(MSOT)	58 ▲ 5.20 (9.85%)
Sindh Abadgar / Jan 23 Sindh Abadgar's Sugar Mills Limited(SASML)	45 ▲ 4.00 (9.76%)
Arpak Int. / Jan 23 Arpak International Investments Ltd.(ARPAK)	76.99 ▲ 6.80 (9.69%)
Mandviwala / Jan 23 Mandviwala Mauser Plastic Industries(MWMP)	23.30 ▲ 2.05 (9.65%)
TPL Life Insur. / Jan 23 TPL Life Insurance Limited(TPLL)	55.75 ▲ 4.75 (9.31%)

Stock	Price
Mehmood Tex / Jan 23 Mehmood Textile Mills Limited(MEHT)	610.21 ▼ -58.79 (-8.79%)
Punjab Oil / Jan 23 Punjab Oil Mills Limited(POML)	144 ▼ -13.65 (-8.66%)
Unilever Foods / Jan 23 Unilever Pakistan Foods Limited(UPFL)	20,204 ▼ -1696.00 (-7.74%)
PICIC Ins.Ltd. / Jan 23 PICIC Insurance Limited(PIL)	2.61 ▼ -0.17 (-6.12%)
Khyber Tobacco / Jan 23 Khyber Tobacco Company Limited(KHTC)	256 ▼ -14.00 (-5.19%)
Next Capital / Jan 23 Next Capital Limited(NEXT)	10.01 ▼ -0.50 (-4.76%)
First Fid. Leasing / Jan 23 First Fidelity Leasing Modaraba(FFLM)	2.20 ▼ -0.10 (-4.35%)
Mari Energies / Jan 23 Mari Energies Limited(MARI)	570 ▼ -24.98 (-4.20%)
Dawood Equities / Jan 23 Dawood Equities Limited(DEL)	9.60 ▼ -0.40 (-4.00%)

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 ▲ 1.12
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▲ 0.09
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	21,831,273 ▼ -0.06
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	20,405,719 ▲ 3.14
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	18,649,899 ▼ -0.13
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 ▲ 0.23

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