News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

WEEKLY COTTON REVIEW: local market witnesses downward trend

Overall cotton prices in the local cotton market witnessed a downward trend because of cautious buying by the textile and spinning mills and bad effects of rains on seed-cotton (Phutti) in the cotton-growing areas. Another major reason of lower cotton pri

Published 05 Aug, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: local market witnesses downward trend

Published 05 Aug, 2019 12:00am

Markets

Weekly Cotton Review: trade volume increases due to forecast of rains, Eidul Azha holidays

The rate of cotton increased by Rs 200 to Rs 300 per maund. The trading volume increased due to the forecast of rains and long Eidul Azha holidays. The increasing trend in the rate of New York Cotton was seen after the news of reducing economic conflict b

Published 29 Jul, 2019 12:00am

Markets

Weekly Cotton Review: trade volume increases due to forecast of rains, Eidul Azha holidays

Published 29 Jul, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: Cotton prices remain stable

The. The arrival of Phutti increased. Bearish trend was seen in international cotton market. The business was affected due to the imposition of sales tax on cotton, textile products, and on Khal. In the local cotton market during the last week textile and

Published 15 Jul, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: Cotton prices remain stable

Published 15 Jul, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: prices show upward trend

The prices of cotton increased by Rs 300 per maund; production of 80 lac bales expected in Punjab. Strike of oil mills will affect the business. Business and industry circles are protesting against imposition of general sales tax. In the local cotton mark

Published 08 Jul, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: prices show upward trend

Published 08 Jul, 2019 12:00am

Markets

Weekly cotton review: bearish trend witnessed

Bearish trend was seen in the prices of new cotton crop. People showed interest in business. The price of cotton fell by Rs 1600 per maund since the arrival of the new crop till now. The crop in Punjab affected by rains and the crop in Sindh was affected

Published 01 Jul, 2019 12:00am

Markets

Weekly cotton review: bearish trend witnessed

Published 01 Jul, 2019 12:00am

Markets

Weekly cotton review: bearish trend witnessed

Bearish trend was witnessed in trading of the cotton of new season. The price of cotton decreased by Rs 400 per maund. Imposition of sales tax affects the business. Achievement of target of production of 1 crore 50 lac bales according to the vision of Pri

Published 24 Jun, 2019 12:00am

Markets

Weekly cotton review: bearish trend witnessed

Published 24 Jun, 2019 12:00am

Markets

Weekly cotton review: uncertainty prevails due to imposition of sales tax

Despite the high price of Dollar the prices of cotton remained stable. Uncertainty prevailed in market due to imposition of sales tax. Industrial and trading sectors are protesting. Senate Committee is two steps ahead of Federal Agriculture Commission in

Published 17 Jun, 2019 12:00am

Markets

Weekly cotton review: uncertainty prevails due to imposition of sales tax

Published 17 Jun, 2019 12:00am

Markets

Cotton Review: prices remain stable

Overall prices of cotton remained stable. The situation of new cotton crop is satisfactory in Sindh while it is not satisfactory in Punjab. There is a question mark on the achievement of target of production of cotton. The industrialists were upset on the

Published 03 Jun, 2019 12:00am

Markets

Cotton Review: prices remain stable

Published 03 Jun, 2019 12:00am

Markets

Weekly cotton review: market witnesses mixed trend

The prices of cotton remained stable. The partial arrival of Phutti has started from lower areas of Sindh. The industrialists are showing their concerns on the news of abolishing subsidy on export sector. It is feared that exports of the country will decr

Published 27 May, 2019 12:00am

Markets

Weekly cotton review: market witnesses mixed trend

Published 27 May, 2019 12:00am

Markets

Weekly cotton review: prices show downward trend

Dollar is on all time high but the prices of cotton shows down ward trend. Satisfactory increases in sowing of cotton. Rains will be beneficial for the crop. Waiting for government's cotton policy.

Published 21 May, 2019 12:00am

Markets

Weekly cotton review: prices show downward trend

Dollar is on all time high but the prices of cotton shows down ward trend. Satisfactory increases in sowing of cotton. Rains will be beneficial for the crop. Waiting for government's cotton policy.

Published 21 May, 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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