News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

Weekly Cotton Review: Spot rate rises as market witnesses bullish trend

KARACHI: A bullish trend in cotton prices was seen on cotton market and the spot rate was hiked by of Rs500 per...

Published 12 Jun, 2023 06:26am

Markets

Weekly Cotton Review: Rates decline amid growing unease in textile sector

KARACHI: The rate of cotton decreased by Rs 1,000, while the rate of Phutti decreased by Rs 2,000, Banola by Rs ...

Published 05 Jun, 2023 03:27am

Markets

Weekly Review: Prices of cotton remain stable

KARACHI: The prices of cotton remained stable previous week, as trading volume remained low. Partial arrival of the...

Published 29 May, 2023 04:27am

Markets

Weekly Cotton Review: Rates remain stable amid low trading volumes

KARACHI: Stability in the rates of cotton was seen previous week. Trading volumes; however, continued to be very ...

Published 22 May, 2023 06:23am

Markets

Weekly Cotton Review: Prices remain stable amid lacklustre business

KARACHI: Previous week saw an overall stability in the rate of cotton. Business volume; however, remained extremely...

Published 15 May, 2023 06:41am

Markets

Weekly Cotton Review: Rate stable amid low business volumes

KARACHI: Stability in cotton prices was seen in previous week amid low business volume. There was a bullish trend in...

Published 08 May, 2023 06:40am

Markets

Weekly Cotton Review: Rate stable amid low trading volume

KARACHI: The rate of cotton in local market remained stable. However, trading volume was very low. A bearish trend...

Published 01 May, 2023 03:28am

Markets

Weekly Cotton Review: Bullish trend witnessed amid increased trading volume

KARACHI: A bullish trend was witnessed in cotton market during the previous week, with an improvement in trading...

Published 17 Apr, 2023 06:41am

Markets

Weekly Cotton Review: Rate stable amid increased business volume

KARACHI: The rate of cotton remained stable previous week amid improved business activities, though there was...

Published 10 Apr, 2023 06:45am

Markets

Weekly Cotton Review: Mixed trend prevails as trading volume remains low

KARACHI: Mixed trend remained there in the cotton market previous week, amid low trading volume. However, ...

Published 03 Apr, 2023 06:36am

Markets

Weekly Cotton Review: Rates decline amid lacklustre business

KARACHI: Cotton prices continued to decline previous week. There was a slump in international cotton market also. ...

Published 27 Mar, 2023 06:42am

Markets

Weekly Cotton Review: Spot rate dips as bearish trend prevails on market

KARACHI: Cotton prices continued to decline previous week, as the spot rate decreased by Rs 800 per maund. However, ...

Published 20 Mar, 2023 06:12am

Markets

Weekly Cotton Review: Prices decline amid sluggish trade

KARACHI: Decline in cotton prices particularly in international cotton market resulted in a significant decline in...

Published 13 Mar, 2023 07:21am

Markets

Weekly Cotton Review: Prices remain stable amid depreciating rupee

KARACHI: An alarming drop of 2.5 million bales (34.39%) is expected in local production of cotton. However, the ...

Published 06 Mar, 2023 06:22am

Markets

Weekly Cotton Review: Prices fall amidst low business volume

KARACHI: The cotton market saw low business volume previous week. An increase in the rate of Future Trading of New...

Published 27 Feb, 2023 06:51am

Markets

Weekly Cotton Review: Spot rate decreased by Rs2,000/maund

KARACHI: A significant reduction of Rs 2,000 per maund in the rate of cotton. Spot rate also reduced by Rs 2,000 per...

Published 20 Feb, 2023 06:26am

Markets

Weekly Cotton Review: Spot rate decreased as market witnesses stability

KARACHI: Previous week witnessed stability in the rate of cotton. Stocks are declining day by day. The issue of...

Published 13 Feb, 2023 06:48am

Markets

Weekly Cotton Review: Local production facing shortfall of 2.5m bales

KARACHI: An alarming reduction of 2.6 million bales in cotton production is estimated this season. The total...

Published 06 Feb, 2023 06:20am

Markets

Weekly Cotton Review: Price increases following appreciation in dollar value

KARACHI: The rate of cotton witnessed an increase of Rs 1,000 per maund as a result of increase in the rate of...

Published 30 Jan, 2023 05:56am

Markets

Weekly Cotton Review: Prices slightly down amid low buying

KARACHI: Cotton prices went slightly down during previous week in local market. There was a boom in international...

Published 23 Jan, 2023 06:32am

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%)
AL-Noor Sugar / Jan 23 Al-Noor Sugar Mills Limited(ALNRS)	78.98 ▲ 6.91 (9.59%)
TPL Life Insur. / Jan 23 TPL Life Insurance Limited(TPLL)	55.75 ▲ 4.75 (9.31%)
I.C.C. Ind. / Jan 23 ICC Industries Limited(ICCI)	12.50 ▲ 1.00 (8.70%)

Stock	Price
Universal Ins. / Jan 23 The Universal Insurance Company Limited(UVIC)	8.85 ▼ -0.98 (-9.97%)
Shadman Cotton / Jan 23 Shadman Cotton Mills Limited(SHCM)	31.28 ▼ -3.46 (-9.96%)
Fateh Sports / Jan 23 Fateh Sports Wear Limited(FSWL)	71.25 ▼ -7.32 (-9.32%)
Fazal Cloth / Jan 23 Fazal Cloth Mills Limited(FZCM)	151.02 ▼ -15.11 (-9.10%)
Punjab Oil / Jan 23 Punjab Oil Mills Limited(POML)	144 ▼ -13.65 (-8.66%)
Kohinoor Mills / Jan 23 Kohinoor Mills Limited(KML)	32.05 ▼ -2.90 (-8.30%)
Unilever Foods / Jan 23 Unilever Pakistan Foods Limited(UPFL)	20,204 ▼ -1696.00 (-7.74%)
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	11.20 ▼ -0.93 (-7.67%)
EFU General / Jan 23 EFU General Insurance Limited(EFUG)	109.11 ▼ -6.89 (-5.94%)

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 ▼ -0.04
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 1.73
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▲ 0.11
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	21,831,273 ▲ 0.90
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	20,405,719 ▲ 4.94
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	18,649,899 ▼ -0.03
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 2.56
Power Cement / Jan 23 Power Cement Limited(POWER)	16,191,532 ▲ 0.41

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