News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

Weekly Review: Cotton price increases by Rs5,000/maund on local market

KARACHI: Cotton price was increased by up to Rs 5,000 per maund on the local market. But on the contrary, the ...

Published 16 Jan, 2023 06:18am

Markets

Cotton rate hiked amidst bullish trend

KARACHI: With the arrival of new year, a bullish trend is prevailing in the rate of cotton in local cotton market....

Published 09 Jan, 2023 06:37am

Markets

Weekly Cotton Review: Spot rate increased after signs of improvement emerge

KARACHI: Signs of improvement were seen in the local cotton market during previous week. Karachi Cotton Association...

Published 02 Jan, 2023 05:54am

Markets

Weekly Cotton Review: Rates stable amid low trading volume

KARACHI: Cotton prices remained stable amid low trading volume. However, it is expected that soon business ...

Published 26 Dec, 2022 05:48am

Markets

Weekly Cotton Review: Rate stable amid rising business volume

KARACHI: The rate of cotton remained overall stable. The total production of cotton is expected to be around 48 lac...

Published 19 Dec, 2022 06:00am

Markets

Weekly Cotton Review: Prices slip amid low business volume

KARACHI: Domestic and international cotton prices continued to decline, amid very low business volume. The World...

Published 12 Dec, 2022 06:07am

Markets

Weekly Review: Cotton prices remain stable

KARACHI: An alarming drop of 2.9 million bales was seen in cotton production. Total production is expected to be...

Published 05 Dec, 2022 06:31am

Markets

Weekly Cotton Review: KCA decreases spot rate by Rs700, closes it at Rs 16,500/maund

KARACHI: Overall bearish trend prevails in cotton prices. After fluctuation bearish trend prevails in international...

Published 28 Nov, 2022 05:48am

Markets

Weekly Cotton Review: Spot rate rises as business volume improves

KARACHI: There were fluctuations in the rate of cotton; however, overall an improvement in business volume was...

Published 21 Nov, 2022 05:59am

Markets

Weekly Cotton Review: Spot rate remains stable amid low business volume

KARACHI: Prices of cotton overall remained stable in local and international markets. Assistant Director Agriculture...

Published 14 Nov, 2022 05:55am

Markets

Weekly Cotton Review: Spot rate increases as bullish trend prevails

KARACHI: Bullish trend prevailed in local cotton market under the influence of international cotton market. A...

Published 07 Nov, 2022 06:39am

Markets

Weekly Cotton Review: Rate further declines as bearish trend continues

KARACHI: Cotton prices continued to decline in local and international markets. Cotton and textile sector is ...

Published 31 Oct, 2022 07:05am

Markets

Weekly Cotton Review: Rates fall amid cautious buying

KARACHI: Cotton prices continued to decline last week. International textile sector faces a severe recession. The...

Published 24 Oct, 2022 05:45am

Markets

Weekly Cotton Review: Rates decrease amid bearish trend

KARACHI: Cotton prices continued to decline. Almost 50% of the textile sector is closed in most countries of the...

Published 17 Oct, 2022 05:57am

Markets

Weekly Cotton Review: Prices continue to fall

KARACHI: Cotton prices continued to decline. The government resolved the electricity dispute of the textile and...

Published 11 Oct, 2022 05:54am

Markets

Weekly Cotton Review: Rates dip amid low market volume

KARACHI: Unprecedented decrease was seen in the rate of cotton in local and international markets, as the rate of...

Published 03 Oct, 2022 06:51am

Markets

Weekly Cotton Review: Spot rate decreased by Rs500 per maund

KARACHI: A bearish trend was witnessed in local and international cotton markets. The rising rate of dollar is...

Published 26 Sep, 2022 06:07am

Markets

Weekly Cotton Review: Market witnesses stability

KARACHI: Stability in the rate of cotton was seen last week amid a bearish trend in the international markets....

Published 19 Sep, 2022 05:45am

Markets

Weekly Cotton Review: Spot rate increases after market goes bullish

KARACHI: Bullish factor prevailed on the cotton market. The price of quality cotton increased to Rs 23,500 per ...

Updated 12 Sep, 2022 03:05pm

Markets

Weekly Review: Cotton rate declines as bearish trend prevails

KARACHI: Extraordinary bearish trend prevails in domestic and international cotton markets. The rate of quality...

Published 05 Sep, 2022 06:04am

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)	10.51 ▲ 0.98 (10.28%)
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%)
Liven Pharma / Jan 23 Liven Pharma Limited(LIVEN)	150.99 ▲ 13.73 (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%)

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%)
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%)
Unicap Modaraba / Jan 23 Unicap Modaraba(UCAPM)	2.82 ▼ -0.22 (-7.24%)
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 ▲ 0.08
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	96,976,679 ▲ 0.34
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 1.57
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	30,919,642 ▲ 0.47
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▼ -0.08
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	21,078,029 ▲ 3.65
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	20,257,865 ▲ 0.35
Maple Leaf Cement / Jan 23 Maple Leaf Cement Factory Limited(MLCF)	18,153,722 ▲ 1.31
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 1.21

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