News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

Cotton weekly review: local market remains stable

The prices of cotton remained stable. Due to escalating trade war between America and China there is a slump in international cotton market. Cotton policy should be announced immediately to increase the production of cotton. In the local cotton market the

Published 13 May, 2019 12:00am

Markets

Cotton weekly review: local market remains stable

Published 13 May, 2019 12:00am

Markets

Weekly cotton review: Bearish trend witnessed

The cotton market shows bearish trend as big groups of textile has completed the buying. The trading volume decreased. After advisor to PM on Commerce, Investment, Industries & Production and Textile Abdul Razaq Dawood showed his resolve of achieving the

Published 06 May, 2019 12:00am

Markets

Weekly cotton review: Bearish trend witnessed

Published 06 May, 2019 12:00am

Markets

Prices of cotton witness upward trend

The prices of cotton witnessed increasing trend in the cotton market. The ginners had the stock of only 500,000 bales. In the international cotton market mixed trend was seen in the prices of cotton. The increase in the cultivation land of cotton is neces

Published 29 Apr, 2019 12:00am

Markets

Weekly Cotton Review: prices remain stable due to buying by textile, spinning mills

The prices of cotton remained stable. The government has set the target of production of 15 million bales according to the vision of Prime Minister Imran Khan. However the premium of Rs 200 per 40 Kg on Cotton Seed will be paid.

Published 22 Apr, 2019 12:00am

Markets

Weekly Cotton Review: prices remain stable due to buying by textile, spinning mills

Published 22 Apr, 2019 12:00am

Markets

Weekly cotton review: trend of increase in prices continues

The upward trend of increase in the prices of cotton continued. The prices of cotton may increase due to the buying of 800,000 ton of cotton by China. The trend of increase in the prices of cotton yarn and textile products continues. The government depart

Published 15 Apr, 2019 12:00am

Markets

Weekly cotton review: trend of increase in prices continues

Published 15 Apr, 2019 12:00am

Markets

Weekly cotton review: prices increased due to hike in dollar value

The prices of cotton increased due to hike in the value of dollar. The concerned departments were active for the increase in the production of cotton. Proposals for new cotton policy are under process. The buying was low in the cloth market despite the ar

Published 08 Apr, 2019 12:00am

Markets

Weekly cotton review: prices increased due to hike in dollar value

Published 08 Apr, 2019 12:00am

Markets

Weekly cotton review: prices remain stable; trading volume increases

The prices of cotton remained stable. The trading volume increased. Due to increase in dollar and interest rate and the news of increase in the prices of energy economic activity was literally stopped. In the local cotton market during the last week the i

Published 01 Apr, 2019 12:00am

Markets

Weekly cotton review: prices of cotton remain stable

The prices of cotton remained stable. The trading volume decreased in the local market due to the delivery of imported cotton to the big textile and spinning groups. The sowing of cotton started in lower Sindh. The concerned departments were active regard

Published 25 Mar, 2019 12:00am

Markets

Weekly cotton review: prices of cotton remain stable

Published 25 Mar, 2019 12:00am

Markets

Weekly Review: Cotton prices witness upward trend

The upward trend was seen in the prices of cotton. Textile mills were active and involved in buying due to which buying was increased. The market trend shows that prices of cotton may increase in the coming days. The new season is about to start and gover

Published 18 Mar, 2019 12:00am

Markets

Weekly cotton review: trading volume up, yet rate remains stable

Textile mills increased the buying of cotton. The rate of cotton remained stable. The trading volume also increased. The departments started taking practical steps towards increasing the production of cotton.

Published 11 Mar, 2019 12:00am

Markets

Weekly cotton review: trading volume up, yet rate remains stable

Published 11 Mar, 2019 12:00am

Markets

Weekly cotton review: prices largely remain stable during week

The prices of cotton largely remained stable during the week. The trading volume showed an upward trend. International market showed a mixed trend. There was a suggestion of fixing the support price of cotton seed and purchase of cotton through Trading Co

Published 04 Mar, 2019 12:00am

Markets

Prices of cotton remain stable

The prices of cotton remained stable. Trading volumes are decreasing because textile mills are not taking interest. One of the main reasons behind the slowdown is the ongoing China-US dispute. The rates of cotton are not increasing despite low production

Published 11 Feb, 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
Apna Microfin. / Jan 23 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Mughal Energy / Jan 23 Mughal Energy Limited(GEM)(GEMMEL)	21.45 ▲ 1.95 (10.00%)
Saritow Spinning / Jan 23 Saritow Spinning Mills Limited(SSML)	10 ▲ 0.88 (9.65%)
Pak Engineering / Jan 23 Pakistan Engineering Company Limited(PECO)	808.99 ▲ 70.65 (9.57%)
Fateh Sports / Jan 23 Fateh Sports Wear Limited(FSWL)	85.99 ▲ 7.42 (9.44%)
Parmount Sp. / Jan 23 Paramount Spinning Mills Limited(PASM)	4.80 ▲ 0.41 (9.34%)
Arpak Int. / Jan 23 Arpak International Investments Ltd.(ARPAK)	76.50 ▲ 6.31 (8.99%)
Liven Pharma / Jan 23 Liven Pharma Limited(LIVEN)	149.11 ▲ 11.85 (8.63%)

Stock	Price
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	11 ▼ -1.13 (-9.32%)
J.K.Spinning / Jan 23 J.K. Spinning Mills Limited(JKSM)	60.50 ▼ -6.14 (-9.21%)
Unicap Modaraba / Jan 23 Unicap Modaraba(UCAPM)	2.76 ▼ -0.28 (-9.21%)
Universal Ins. / Jan 23 The Universal Insurance Company Limited(UVIC)	9.01 ▼ -0.82 (-8.34%)
Fecto Cement / Jan 23 Fecto Cement Limited(FECTC)	107 ▼ -9.40 (-8.08%)
Shadman Cotton / Jan 23 Shadman Cotton Mills Limited(SHCM)	32.01 ▼ -2.73 (-7.86%)
Hafiz Ltd. / Jan 23 Hafiz Limited(HAFL)	260.11 ▼ -21.57 (-7.66%)
Punjab Oil / Jan 23 Punjab Oil Mills Limited(POML)	146.10 ▼ -11.55 (-7.33%)
Masood Textile / Jan 23 Masood Textile Mills Limited(MSOT)	49 ▼ -3.80 (-7.20%)

Stock	Volume
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.07
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	96,976,679 ▲ 0.38
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 1.63
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	31,141,906 ▲ 0.51
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▼ -0.09
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	21,494,642 ▲ 3.75
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	20,471,580 ▲ 0.29
Maple Leaf Cement / Jan 23 Maple Leaf Cement Factory Limited(MLCF)	18,694,553 ▲ 1.60
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 1.46

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