News stories for Naseem Usman - Business Recorder

Naseem Usman

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 / 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
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Cotton US¢/pound / Dec 23	68.96
Petrol/Litre / Dec 24	252.10

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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