News stories for Naseem Usman - Business Recorder

Naseem Usman

Business & Finance

WEEKLY COTTON REVIEW: rate remains stable, trading volume increases

The rate of cotton remained stable. The trading volume increased. Due to low cotton production it is expected that 50 lac bales of worth 1.50 billion dollars will be imported. Up till now import agreements of 20 lac bales have been signed. World cotton da

Updated 14 Oct, 2019 07:44am

Business & Finance

WEEKLY COTTON REVIEW: trading volume increases, rate remains stable

Unfavorable weather conditions, attack of Locusts, pests and viruses decrease the production of cotton and it is expected that only one crore (10,000,000) bales of cotton will be produced. Economy has to bear the burden of import of forty five lac (4,500,

Published 07 Oct, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: trading volume increases, rate remains stable

Published 07 Oct, 2019 12:00am

Business & Finance

WEEKLY COTTON REVIEW: trading volume increases, rate remains stable

Published 07 Oct, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: trading volume increases, rate remains stable

Published 07 Oct, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: trend of increasing prices continues

The trend of increase in the prices of cotton remained continued due to the less production of cotton crop and it is expected that fourty lac (4,000,000) bales of worth 1.5 billion dollars will be imported. All Pakistan Textile Mills Association has reque

Published 30 Sep, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: trend of increasing prices continues

Published 30 Sep, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: reduced output leads to raise in price

After the report of reduction in the production of cotton the prominent increase of Rs 400 per maund was witnessed in the price of cotton. Estimates of production of 11,000,000 (One crore ten lac bales) of cotton predicts reliance will be on imported cott

Published 23 Sep, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: reduced output leads to raise in price

Published 23 Sep, 2019 12:00am

Markets

CCOTTON REVIE: raise in price attributed to imposition of ST

The prices of cotton increased by Rs 200/per maund. The prices of cotton increased in international market due to decrease in the intensity of America and China trade conflict. The prices of cotton increased due to imposition of sales tax on cotton as a r

Published 16 Sep, 2019 12:00am

Markets

CCOTTON REVIE: raise in price attributed to imposition of ST

Published 16 Sep, 2019 12:00am

Markets

COTTON WEEKLY REVIEW: prices remained stable yet may rise after Muharram

The prices of cotton remained stable over all however chances of increase in prices after Muharrm Ul Haram remain due to increase in buying. Mixed trend was seen in international market. Prime Minister again shows his resolve of taking textile industry ou

Published 09 Sep, 2019 12:00am

Markets

COTTON WEEKLY REVIEW: prices remained stable yet may rise after Muharram

Published 09 Sep, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: trading volume remains low

Cotton crop affected by rain and trading volume remains low. The rate of cotton increased in Punjab. September is detrimental for cotton crop. Federal Board of Revenue Assures to collect 10 % sales tax directly from textile mills and imposition of 1% With

Published 02 Sep, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: trading volume remains low

Published 02 Sep, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: Crisis prevail due to US, China trade conflict

The prices of cotton increased by Rs 300. Crisis like situation in the world prevailed due to the severe America and China trade conflict. The local cotton market also effected due to America and China trade conflict. During the last working day of the we

Published 26 Aug, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: partial trading starts after Eidul Azha holidays

The prices of cotton remained stable over all. The quality of crop effected due to rain while the rains caused little damage to the crop. The increasing trend was seen in the prices of cotton in the international market.

Published 19 Aug, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: partial trading starts after Eidul Azha holidays

Published 19 Aug, 2019 12:00am

Markets

Weekly Cotton Review: Sluggish trend witnessed during current week

The sluggish trend from the previous week continued during the current week in the local cotton market. Textile and Spinning Mills continued their cautious buying but increase in cotton prices could not be seen because of quality issues of rain-affected c

Published 11 Aug, 2019 12:00am

Markets

Weekly Cotton Review: Sluggish trend witnessed during current week

Published 11 Aug, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 23	278.71
USD PKR Interbank Buying / Jan 23	278.56
USD to Japanese Yen / Jan 23	156.57
USD to Swiss Franc / Jan 23	0.91
Pound Sterling to USD / Jan 23	1.23
Euro to USD / Jan 23	1.04

Stock	Volume
S&P 500 / Jan 22	6,086.37
Nasdaq / Jan 22	20,009.34
Dow Jones / Jan 22	44,156.73
India Sensex / Jan 23	76,579.87
Tokyo Nikkei / Jan 23	40,000.30
Hang Seng / Jan 23	19,695.88
FTSE 100 / Jan 23	8,544.98
Germany DAX 30 / Jan 23	21,282.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 22	18,485
Gold 10 Grams PKR / Jan 22	246,440
Petrol/Litre / Jan 23	256.13
Crude Oil USD/Barrel / Jan 23	75.19
Gold Spot USD/Ounce / Jan 23	2,754.03
Diesel/Litre / Jan 23	260.95

Gainers
Losers
Leaders

Stock	Price
Saritow Spinning / Jan 23 Saritow Spinning Mills Limited(SSML)	10.12 ▲ 1.00 (10.96%)
Apna Microfin. / Jan 23 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	94.44 ▲ 8.59 (10.01%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Olympia Mills / Jan 23 Olympia Mills Limited(OML)	37.04 ▲ 3.37 (10.01%)
Arif Habib Ltd. / Jan 23 Arif Habib Limited(AHL)	72.46 ▲ 6.59 (10.00%)
Dewan Motors / Jan 23 Dewan Farooque Motors Limited(DFML)	46.07 ▲ 4.19 (10.00%)
Mughal Energy / Jan 23 Mughal Energy Limited(GEM)(GEMMEL)	21.45 ▲ 1.95 (10.00%)
Liven Pharma / Jan 23 Liven Pharma Limited(LIVEN)	150.99 ▲ 13.73 (10.00%)

Stock	Price
Nagina Cot. / Jan 23 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	10.92 ▼ -1.21 (-9.98%)
Fecto Cement / Jan 23 Fecto Cement Limited(FECTC)	105.20 ▼ -11.20 (-9.62%)
J.K.Spinning / Jan 23 J.K. Spinning Mills Limited(JKSM)	60.50 ▼ -6.14 (-9.21%)
Kohat Textile / Jan 23 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Ruby Textile / Jan 23 Ruby Textile Mills Limited(RUBY)	6.67 ▼ -0.62 (-8.50%)
Sana Ind / Jan 23 Sana Industries Limited(SNAI)	28.60 ▼ -2.64 (-8.45%)
Faisal Sp. / Jan 23 Faisal Spinning Mills Limited(FASM)	340.01 ▼ -29.89 (-8.08%)
Calcorp Ltd / Jan 23 Calcorp Limited(CASH)	33.11 ▼ -2.82 (-7.85%)

Stock	Volume
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	141,910,406 ▲ 0.58
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.10
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 2.32
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	35,610,583 ▲ 0.74
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	32,491,903 ▲ 8.59
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▼ -0.11
Maple Leaf Cement / Jan 23 Maple Leaf Cement Factory Limited(MLCF)	26,406,513 ▲ 2.50
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	22,103,404 ▲ 0.45
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 2.76

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