News stories for Naseem Usman - Business Recorder

Naseem Usman

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

Markets

Weekly Cotton Review: Prices rise amid good business volumes

KARACHI: Cotton prices were seen booming during the previous week. Over the past month, there has been a significant...

Published 29 Jan, 2024 04:37am

Markets

Weekly Cotton Review: Prices stable amid healthy business volumes

KARACHI: The cotton price during previous week remained stable, with an improvement in business volume. ...

Published 22 Jan, 2024 05:37am

Markets

Weekly Cotton Review: Prices remain stable; business volume relatively low

KARACHI: Cotton prices are stable. Improvement in cotton yarn. The business volume is relatively low. Spinners have...

Published 15 Jan, 2024 05:03am

Markets

Weekly Cotton Review: Rise in prices amid rising business volumes

KARACHI: Significant rise in cotton prices. The price surged to about Rs 2000, with an increase in the spot rate by...

Published 08 Jan, 2024 05:23am

Markets

Weekly Cotton Review: Prices stable amid low business volumes

KARACHI: Prices remained stable for quality cotton, but business volumes were quite low during the last week. Cotton...

Published 25 Dec, 2023 05:42am

Markets

Weekly Cotton Review: Market sees price stability amid low volume

KARACHI: Stability in the price of quality cotton was seen in previous week, though business volume remained quite...

Published 18 Dec, 2023 06:42am

Markets

Weekly review: Quality cotton rates remain stable amid low business volume

KARACHI: Stability in the rats of quality cotton witnessed. Business volume is limited. Due to the huge increase in...

Published 11 Dec, 2023 06:41am

Markets

Weekly Cotton Review: Cautious buying causes rate decline

KARACHI: Decline in cotton prices was witnessed due to lack of interest from textile mills. The Spot Rate was ...

Published 04 Dec, 2023 05:35am

Markets

Weekly Cotton Review: Prices largely stable amid low trade

KARACHI: Though overall cotton prices remained stable, but due to decrease in purchases, they have also started to...

Published 27 Nov, 2023 06:13am

Markets

Weekly Cotton Review: Spot rate decreases amid dull business

KARACHI: The production of cotton till now is said to be seventy three lac and seventy thousand bales; however, the...

Published 20 Nov, 2023 06:28am

Markets

Weekly Cotton Review: Rate stable; business volumes relatively low

KARACHI: Stability was witnessed in the rate of cotton; however, business volumes were relatively low. Industries...

Published 13 Nov, 2023 06:31am

Markets

Weekly Cotton Review: Spot rate rises; increase in production expected

KARACHI: The rate of cotton during previous week remained stable; however, the spot rate was increased by Rs 500 per...

Published 06 Nov, 2023 05:27am

Markets

Weekly Cotton Review: Rates rise amid speculations about production

KARACHI: A good increase of up to Rs 2,000 per maund was witnessed in the price of cotton, and the spot rate also...

Published 30 Oct, 2023 05:24am

Markets

Weekly Cotton Review: Prices slightly rise amid low business volumes

KARACHI: The prices of cotton increased a little bit after slump. Punjab caretaker chief minister Mohsin Naqvi has...

Published 23 Oct, 2023 05:58am

Markets

Weekly Cotton Review: Crisis-like situation exists in market on fall in rates

KARACHI: There is a crisis like situation in the cotton market because of continued decline in cotton prices....

Published 16 Oct, 2023 05:47am

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
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

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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