News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

Weekly Review: Cotton spot rate increases by Rs1200

KARACHI: Due to increase in the exchange rate of dollar the spot rate of cotton witnessed an increase of Rs 1200 per...

Published 01 Aug, 2022 07:28am

Markets

Weekly Cotton Review: Rate jumps after appreciation in dollar value

KARACHI: Extraordinary increase in spot rate by Rs 3500 per maund was reported. Ginners and spinners are worried...

Published 25 Jul, 2022 07:09am

Markets

Weekly Cotton Review: Spot rate reduced by Rs1500 per maund

KARACHI: Cotton prices continue to decline. Reduction in spot rate by Rs 1500 per maund noted. Fluctuations in...

Published 18 Jul, 2022 07:27am

Markets

Bearish trend continues in cotton market

KARACHI: Bearish trend continued in cotton market. The rate of cotton affected by rain reached at the lowest level ...

Published 13 Jul, 2022 05:48am

Markets

Weekly Cotton Review: Market witnesses bearish trend

KARACHI: Bearish trend continued in both local and international cotton markets. In the first month of the new ...

Published 04 Jul, 2022 08:08am

Markets

Weekly Cotton Review: Rates fall as bears rule market

KARACHI: Extraordinary bearish trend prevailed in local and international cotton markets. In the last three days the...

Published 27 Jun, 2022 07:05am

Markets

Weekly Cotton Review: Stability in market after fluctuations

KARACHI: Stability after fluctuations was seen in local and international cotton markets. There was decline in ...

Published 20 Jun, 2022 05:51am

Markets

Weekly Cotton Review: Rate stable as ginning picks up steam

KARACHI: The rate of cotton remained stable. Bullish trend prevails in international cotton markets. There are...

Published 13 Jun, 2022 06:19am

Markets

Weekly Review: Spot rate of cotton decreases by Rs1500

KARACHI: There was a reduction of Rs 1500 in spot rate of Karachi Cotton Association. The price of cotton went down...

Published 06 Jun, 2022 07:15am

Markets

Weekly Review: Cotton spot rate witnesses increase of Rs1500

KARACHI: The spot rate of cotton closed at Rs 22500 with an increase of Rs1500 per maund. A bearish trend was...

Published 30 May, 2022 05:53am

Markets

Weekly Review: Ginning to start next month as partial arrival of cotton begins

KARACHI: Partial arrival of the new season cotton crop has been reported. Some ginning factories will be partially...

Published 23 May, 2022 06:55am

Markets

Weekly Cotton Review: Bullish trend prevails in cotton market

KARACHI: The chances of increasing the production of cotton brighten with better availability of water for the ...

Published 16 May, 2022 06:59am

Markets

Weekly Review: Water shortage, rising temperature may hit cotton output

KARACHI: It is expected that cotton crop will be affected due to rise in temperature and scarcity of water....

Published 09 May, 2022 07:23am

Markets

Weekly review: cotton rates remain stable

KARACHI: The rates of cotton remained stable. Unprecedented increase was seen in the rate of New York Cotton. ...

Published 02 May, 2022 05:46am

Markets

Weekly Review: Bearish sentiment pervades cotton market

KARACHI: Dullness prevails in the local cotton market. In international cotton markets there is a mixed trend. There...

Published 25 Apr, 2022 06:45am

Markets

Weekly cotton review: Rate remains stable amid low trading volume

KARACHI: India has abolished eleven percent import duty on cotton till September 30 due to the bullish trend in...

Published 18 Apr, 2022 05:30am

Business & Finance

Cotton rate remains stable in dull market

KARACHI: Rate of cotton remained stable in local market but no trading activities were seen. However a bearish trend...

Published 11 Apr, 2022 05:52am

Markets

Cotton rate stable amid low buying

KARACHI: The rate of cotton remained stable during last week. Fluctuation was seen in international cotton market....

Published 04 Apr, 2022 05:38am

Markets

Weekly Review: Cotton market stable despite global hike in prices

KARACHI: The rate of local cotton remained stable while unprecedented increase was witnessed in the rate of cotton ...

Published 28 Mar, 2022 05:29am

Markets

Weekly Cotton Review: Govt departments making efforts aimed at boosting output

KARACHI: The rate of cotton remained stable. The rate of cotton witnessed a significant increase in the ...

Published 21 Mar, 2022 07:19am

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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