News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

Weekly review: cotton market shows stability

KARACHI: The rate of local cotton remained stable. Bullish trend prevailed in international cotton markets. There ...

Published 14 Mar, 2022 07:01am

Markets

Weekly Review: Cotton market witnesses downward trend

KARACHI: Trading volume in local cotton market remained low. A bearish trend was witnessed after fluctuation in...

Published 07 Mar, 2022 06:07am

Markets

Weekly Review: Market correction: cotton spot rate declines

KARACHI: Correction in the cotton market was witnessed after a continuous bullish trend. There is increase of...

Published 21 Feb, 2022 07:25am

Markets

Weekly Review: Cotton rate hits new high of Rs22,000 per maund

KARACHI: The stop rate of cotton reached at the highest level of Rs 22000 per maund. Prime Minster Imran Khan...

Published 14 Feb, 2022 06:47am

Markets

Weekly Cotton Review: Spot rate soars to highest recorded level of Rs19,700 per maund

KARACHI: The rate of cotton remained stable. The spot rate after increasing by Rs 300 per maund reached at the...

Published 07 Feb, 2022 05:22am

Markets

Weekly Review: Cotton rates remain stable

KARACHI: The rate of cotton remained stable. Sale of quality cotton was almost over while the trading volume was ...

Published 31 Jan, 2022 07:10am

Markets

Weekly Cotton Review: Spot rates touch new highs

KARACHI: Bullish trend continued in the cotton market. The Spot Rate after increasing by Rs 300 per maund reached at...

Published 24 Jan, 2022 06:50am

Markets

Weekly Cotton Review: Spot rate soars to Rs19,000 per maund

KARACHI: Bullish trend remained continued in cotton market. The spot rate after increasing by Rs 400 per maund...

Published 17 Jan, 2022 07:06am

Markets

Weekly Review: Rate of quality cotton soars to Rs20,000/maund

KARACHI: The rate of quality cotton reached Rs 20,000 per maund after increasing by Rs 1000 per maund. The Spot ...

Published 10 Jan, 2022 07:02am

Markets

Weekly Review: Cotton rate hits new high

KARACHI: Bullish trend continues in the rate of cotton. The rate of cotton reached at the highest level of Rs 19000...

Published 03 Jan, 2022 06:42am

Markets

Weekly Review: Cotton rates have maintained some stability

KARACHI: Overall a bullish trend prevails in the market. The Spot Rate witnessed an increase of Rs 600 per maund. It...

Published 27 Dec, 2021 06:45am

Markets

Weekly Cotton Review: Rates remain stable amidst cautious buying

KARACHI: The rates of cotton remained stable, overall. The production of cotton has increased by 2.2 million bales....

Published 20 Dec, 2021 06:29am

Markets

Weekly Cotton Review: Cotton rate remains stable amid low trading volume

KARACHI: The rate of cotton remained stable. Trading volume remained low. There were disagreement between the...

Published 13 Dec, 2021 06:45am

Markets

Weekly Cotton Market: Sentiment bearish on Omicron spread

KARACHI: Extraordinary decrease of Rs1500 to Rs2000 per maund in the rate of cotton. The Spot Rate decreased by ...

Published 06 Dec, 2021 06:19am

Markets

Weekly Cotton Review: Arrival of imported cotton begins

KARACHI: International cotton markets crashed due to new wave of coronavirus. Local cotton market was also affected...

Published 29 Nov, 2021 06:03am

Markets

Weekly Cotton Review: Cotton, Phutti rates remain largely stable

KARACHI: The rate of quality cotton remained stable at Rs18000 per maund while the rate of Phutti remained stable at...

Published 22 Nov, 2021 05:31am

Markets

Weekly Cotton Review: Spot rate rises by Rs400 per maund

KARACHI: The rate of cotton remained stable. The spot rate increased by Rs400 per maund. There is a lack of...

Updated 15 Nov, 2021 01:20pm

Markets

Weekly Cotton Review: Bullish sentiment dominates market

KARACHI: The rate of quality cotton reached Rs16700 per maund while the spot rate reached an all-time high of ...

Published 08 Nov, 2021 05:19am

Markets

Weekly Cotton Review: Cotton, Phutti rates scale fresh record high

KARACHI: The rate of cotton Rs16000, Phutti Rs8000 and the spot rate Rs15400 reached at historic high. Central ...

Updated 01 Nov, 2021 10:38am

Markets

Weekly Cotton Review: Bullish trend prevails in cotton market

KARACHI: In the local cotton market during the last week, bullish trend prevailed after fluctuations. The big ...

Published 25 Oct, 2021 07:07am

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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