Trends - Cotton - Business Recorder

Cotton

Spot rate unchanged amid slow activity

LAHORE: The local cotton market on Saturday remained steady and the trading volume remained a little low. Cotton...

Published 22 Dec, 2024 02:57am

Markets

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (December 21, 2024)...

Published 22 Dec, 2024 02:57am

Editorials

Sharp decline in cotton production

EDITORIAL: The 33 percent year-on-year decline in cotton production would be bad news in the best of times, but...

Updated 21 Dec, 2024 07:28am

Markets

Subdued business on cotton market

LAHORE: The local cotton market on Friday remained steady and the trading volume remained a little low. Cotton...

Published 21 Dec, 2024 06:24am

Markets

Business activity improves on cotton market

LAHORE: The local cotton market on Thursday remained steady and the trading volume improved a little bit. Cotton...

Published 20 Dec, 2024 02:43am

Markets

Lack of buying interest seen on cotton market

LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained low. Cotton Analyst...

Published 19 Dec, 2024 05:57am

Markets

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (December 18, 2024)...

Published 19 Dec, 2024 05:57am

Business & Finance

PCGA data reveals sharp decline in cotton production

LAHORE: The latest figures released by the Pakistan Cotton Ginners Association (PCGA) reveal a sharp decline in...

Updated 19 Dec, 2024 08:50am

Markets

Cotton market remains steady with improved volume

LAHORE: The local cotton market on Tuesday remained steady and the trading volume improved a little bit. Cotton...

Published 18 Dec, 2024 06:37am

Markets

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (December 17, 2024)...

Published 18 Dec, 2024 06:37am

Markets

Cotton market: Mills sideline in absence of guiding factors

LAHORE: The local cotton market on Monday remained steady and the trading volume remained low. Cotton Analyst ...

Published 17 Dec, 2024 06:47am

Markets

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (December 16, 2024)...

Published 17 Dec, 2024 06:47am

Markets

Weekly Cotton Review: Prices fluctuate amid robust trading volume

KARACHI: The local cotton market witnessed a continuous fluctuation in prices over the past week. However, the...

Published 16 Dec, 2024 07:07am

Markets

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Saturday, (December 14, 2024)...

Published 15 Dec, 2024 02:50am

Markets

Spot rate unchanged amid lacklustre business

LAHORE: The local cotton market on Saturday steady and the trading volume remained low. Cotton Analyst Naseem Usman...

Published 15 Dec, 2024 02:50am

Markets

Cotton market remains steady

LAHORE: The local cotton market on Friday remained steady and the trading volume improved a little bit. Cotton...

Published 14 Dec, 2024 06:46am

Markets

Needy buyers take interest in fresh buying of cotton

LAHORE: The local cotton market on Thursday remained steady and the trading volume improved a little bit. Cotton...

Published 13 Dec, 2024 06:29am

Markets

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (December 12, 2024)...

Published 13 Dec, 2024 06:29am

Disputes related to cotton cess: PCCC concerned over prolonged delays

ISLAMABAD: Pakistan Central Cotton Committee’s (PCCC) governing body on Thursday expressed serious concern over the...

Updated 13 Dec, 2024 09:24am

Markets

Cotton market: Buyers conspicuous by their absence

LAHORE: The local cotton market on Wednesday remained steady and the trading volume remained low. Cotton Analyst...

Published 12 Dec, 2024 07:11am

Markets

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday, (December 11, 2024)...

Published 12 Dec, 2024 07:10am

Opinion

Economic repercussions of reliance on cotton imports

Pakistan’s economy is fundamentally rooted in agriculture, with cotton serving as the cornerstone of its...

Updated 12 Dec, 2024 08:11am

Opinion

Digital technology: a promising future for cotton farming

Digital technology has revolutionised industries across the globe, and its impact on agriculture has become...

Updated 11 Dec, 2024 08:32am

Markets

Modest business on cotton market

LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained low. Cotton Analyst...

Published 11 Dec, 2024 06:45am

Markets

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (December 10, 2024)...

Published 11 Dec, 2024 06:45am

Markets

Cotton market: Mills take less interest in fresh buying

LAHORE: The local cotton market on Monday remained steady and the trading volume remained low. Cotton Analyst ...

Published 10 Dec, 2024 06:13am

Opinion

Unravelling of the Textile Sector

Pakistan’s textile industry, a key component of the economy and a full-spectrum value chain, is unravelling under...

Updated 09 Dec, 2024 08:21am

Markets

Weekly Cotton Review: Spot rate declines as market faces fluctuations

KARACHI: The cotton market is currently experiencing a period of fluctuations. This year cotton production has seen ...

Published 09 Dec, 2024 06:43am

Markets

Spot rate unchanged on cotton market

LAHORE: The local cotton market on Friday remained steady and the trading volume remained satisfactory. Cotton...

Published 08 Dec, 2024 02:56am

Markets

Modest trading on cotton market

LAHORE: The local cotton market on Friday remained steady and the trading volume remained satisfactory. Cotton...

Published 07 Dec, 2024 06:51am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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