News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

Weekly Review: It's difficult to determine cotton market conduct

KARACHI: Due to extraordinary fluctuation in the market it is difficult to determine the direction of the market....

Published 18 Oct, 2021 04:42am

Markets

Weekly Cotton Review: Cotton market experiences fluctuations

KARACHI: Unprecedented fluctuation was observed in the local market under the influence of New York Cotton where the...

Published 11 Oct, 2021 04:32am

Markets

Weekly Cotton Review: Cotton rate soars on bullish trend in international market

KARACHI: There has been a bullish trend in international cotton market. The spot rate increased by Rs900 per maund....

Published 04 Oct, 2021 05:56am

Markets

Weekly Cotton Review: Bullish sentiment dominates the market

KARACHI: The local cotton market overall remained bullish; however, fluctuation of 10 American cent was witnessed in...

Published 27 Sep, 2021 05:51am

Markets

Weekly Cotton Review: Cotton rates stable as market witnesses bearish trend

KARACHI: Cotton production in the country registered a satisfactory increase of 159.2 per cent which is around 16.50...

Published 20 Sep, 2021 05:23am

Markets

Weekly Cotton Review: Bearish trend pushes cotton prices downwards

KARACHI: Significant decline of Rs1000 to Rs1200 per maund in the rate of cotton. The Spot Rate decreased by Rs800...

Published 13 Sep, 2021 05:46am

Markets

Weekly Cotton Review: Market stability preceded by significant fluctuations

KARACHI: Under the influence of Rate of Promise (Waday Ka Bhao) of New York Cotton the rate of cotton in local ...

Published 06 Sep, 2021 06:14am

Markets

Weekly Cotton Review: Panic buying pushes cotton rate to one of the highest levels

KARACHI: The rate of cotton increased by Rs 300 per maund and reached at the highest level of Rs 14300 per maund. ...

Published 30 Aug, 2021 07:00am

Markets

Weekly Cotton Review: Bullish trend prevails due to panic buying; cotton crop is satisfactory

KARACHI: The spot rate of cotton witnessed an increase of Rs 300 per maund. Mixed trend was seen in the ...

Published 23 Aug, 2021 06:20am

Markets

Weekly Cotton Review: Bullish trend continues after fluctuations in rate of cotton

KARACHI: After unusual fluctuations in the rate of cotton, bullish trend continued in the market. There is turmoil ...

Published 16 Aug, 2021 05:59am

Markets

Weekly Cotton Review: Rate increases due to bullish trend

KARACHI: Significant increase of Rs 400 to Rs 500 per maund in the rate of cotton was witnessed due to increase in...

Published 09 Aug, 2021 05:05am

Markets

Weekly Cotton Review: Rate remains stable

KARACHI: The rate of cotton remained overall stable. The production of cotton will be less than the target....

Published 02 Aug, 2021 06:02am

Markets

Weekly Cotton Review: Trading volume remains low

KARACHI: In the local cotton market during the last week after the long Eidul Azha holidays, the trading activity...

Published 26 Jul, 2021 05:21am

Markets

Weekly Cotton Review: Significant drop in prices witnessed

KARACHI: In the local cotton market during the last week the rate of cotton from Sindh dropped by Rs 400 to Rs 500...

Published 19 Jul, 2021 06:17am

Markets

Weekly Cotton Report: Prices, trading volume continue to rise

KARACHI: The bullish trend was witnessed in the rate of cotton in the local cotton market during the last week...

Published 12 Jul, 2021 05:26am

Markets

Weekly Cotton Review: Rates remain stable in markets

KARACHI: The rate of cotton remained stable in local markets during the last week. In the local cotton market,...

Updated 05 Jul, 2021 12:52pm

Markets

Weekly Cotton Report: Local market witnesses mixed trends

KARACHI: Mixed trend was witnessed in the rate of cotton. The rate of cotton in Punjab; dropped by Rs 400 per maund....

Published 28 Jun, 2021 04:38am

Markets

Weekly Cotton Review: Trading volume remains thin

KARACHI: The rate of cotton remained stable. Ginners of Sindh had reduced buying of cotton as a protest as...

Published 21 Jun, 2021 03:43am

Markets

Weekly Cotton Review: Prices drop in local market

KARACHI: In the local cotton market during the last week some textile mills continued to buy cautiously, leading to...

Published 14 Jun, 2021 03:39am

Markets

Weekly Cotton Review: Rate touches highest level in 11 years

KARACHI: The rate of cotton in the local cotton market touched the highest level in 11 years at Rs 14000 per maund...

Published 07 Jun, 2021 03:34am

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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular