News stories for Naseem Usman - Business Recorder

Naseem Usman

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

Markets

Weekly Review: Cotton price increases by Rs5,000/maund on local market

KARACHI: Cotton price was increased by up to Rs 5,000 per maund on the local market. But on the contrary, the ...

Published 16 Jan, 2023 06:18am

Markets

Cotton rate hiked amidst bullish trend

KARACHI: With the arrival of new year, a bullish trend is prevailing in the rate of cotton in local cotton market....

Published 09 Jan, 2023 06:37am

Markets

Weekly Cotton Review: Spot rate increased after signs of improvement emerge

KARACHI: Signs of improvement were seen in the local cotton market during previous week. Karachi Cotton Association...

Published 02 Jan, 2023 05:54am

Markets

Weekly Cotton Review: Rates stable amid low trading volume

KARACHI: Cotton prices remained stable amid low trading volume. However, it is expected that soon business ...

Published 26 Dec, 2022 05:48am

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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