News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

Weekly Cotton Review: Rate stable amid rising business volume

KARACHI: The rate of cotton remained overall stable. The total production of cotton is expected to be around 48 lac...

Published 19 Dec, 2022 06:00am

Markets

Weekly Cotton Review: Prices slip amid low business volume

KARACHI: Domestic and international cotton prices continued to decline, amid very low business volume. The World...

Published 12 Dec, 2022 06:07am

Markets

Weekly Review: Cotton prices remain stable

KARACHI: An alarming drop of 2.9 million bales was seen in cotton production. Total production is expected to be...

Published 05 Dec, 2022 06:31am

Markets

Weekly Cotton Review: KCA decreases spot rate by Rs700, closes it at Rs 16,500/maund

KARACHI: Overall bearish trend prevails in cotton prices. After fluctuation bearish trend prevails in international...

Published 28 Nov, 2022 05:48am

Markets

Weekly Cotton Review: Spot rate rises as business volume improves

KARACHI: There were fluctuations in the rate of cotton; however, overall an improvement in business volume was...

Published 21 Nov, 2022 05:59am

Markets

Weekly Cotton Review: Spot rate remains stable amid low business volume

KARACHI: Prices of cotton overall remained stable in local and international markets. Assistant Director Agriculture...

Published 14 Nov, 2022 05:55am

Markets

Weekly Cotton Review: Spot rate increases as bullish trend prevails

KARACHI: Bullish trend prevailed in local cotton market under the influence of international cotton market. A...

Published 07 Nov, 2022 06:39am

Markets

Weekly Cotton Review: Rate further declines as bearish trend continues

KARACHI: Cotton prices continued to decline in local and international markets. Cotton and textile sector is ...

Published 31 Oct, 2022 07:05am

Markets

Weekly Cotton Review: Rates fall amid cautious buying

KARACHI: Cotton prices continued to decline last week. International textile sector faces a severe recession. The...

Published 24 Oct, 2022 05:45am

Markets

Weekly Cotton Review: Rates decrease amid bearish trend

KARACHI: Cotton prices continued to decline. Almost 50% of the textile sector is closed in most countries of the...

Published 17 Oct, 2022 05:57am

Markets

Weekly Cotton Review: Prices continue to fall

KARACHI: Cotton prices continued to decline. The government resolved the electricity dispute of the textile and...

Published 11 Oct, 2022 05:54am

Markets

Weekly Cotton Review: Rates dip amid low market volume

KARACHI: Unprecedented decrease was seen in the rate of cotton in local and international markets, as the rate of...

Published 03 Oct, 2022 06:51am

Markets

Weekly Cotton Review: Spot rate decreased by Rs500 per maund

KARACHI: A bearish trend was witnessed in local and international cotton markets. The rising rate of dollar is...

Published 26 Sep, 2022 06:07am

Markets

Weekly Cotton Review: Market witnesses stability

KARACHI: Stability in the rate of cotton was seen last week amid a bearish trend in the international markets....

Published 19 Sep, 2022 05:45am

Markets

Weekly Cotton Review: Spot rate increases after market goes bullish

KARACHI: Bullish factor prevailed on the cotton market. The price of quality cotton increased to Rs 23,500 per ...

Updated 12 Sep, 2022 03:05pm

Markets

Weekly Review: Cotton rate declines as bearish trend prevails

KARACHI: Extraordinary bearish trend prevails in domestic and international cotton markets. The rate of quality...

Published 05 Sep, 2022 06:04am

Markets

Weekly Cotton Review: Rates rise as rains damage crop

KARACHI: Irreparable damage to the cotton crop was witnessed due to continuous torrential rains and floods. The ...

Published 29 Aug, 2022 08:04am

Markets

Weekly Review: Cotton spot rate increases by Rs2000

KARACHI: The Spot Rate Committee of the Karachi Cotton Association increased the spot rate by Rs 2,000 per maund and...

Published 22 Aug, 2022 06:33am

Markets

Weekly Review: Spot rate increases amid bullish trend in cotton market

KARACHI: Increasing trend in the prices of cotton in local and international markets was seen. There was an increase...

Published 15 Aug, 2022 07:20am

Markets

Weekly Review: Cotton prices fall as PKR appreciates against $

KARACHI: Along with the value of US dollar, the price of cotton also fell. A significant reduction of Rs 2,200 per...

Updated 08 Aug, 2022 04:37pm

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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