Trends - cotton yarn - Business Recorder

cotton yarn

The criticality of cotton cess payment

Cotton is the backbone of Pakistan’s agricultural economy; yet the textile industry’s refusal to pay the cotton...

Published 25 Oct, 2024 06:55am

Opinion

The impact of reduced cotton production on rural economies and country’s balance of payments

The basic rule of economics is clear: global demand drives global production, and countries with a comparative...

Updated 08 Oct, 2024 08:40am

Opinion

Textile exports will start falling soon

It seems that our economic planners are living in a fantasy world. Contrary to our budgetary expectations, which...

Updated 24 Jul, 2024 08:35am

Textile group: Jul-Nov exports decline 6.5pc to $6.88bn YoY

Country’s overall exports during July-November fiscal year 2023-24 total $12.172 billion (provisional)

Updated 22 Dec, 2023 10:00am

Opinion

Fall in industrial production

The estimate of the Quantum Index of Manufacturing (QIM) for the month of July 2023 has recently been released by ...

Updated 26 Sep, 2023 07:12am

Markets

Firm trend on cotton market

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

Published 21 Sep, 2023 06:08am

Opinion

State of the economy

The first six months of 2022-23 have witnessed considerable uncertainty about country’s economic prospects. ...

Published 31 Jan, 2023 06:01am

Opinion

Faltering exports – the longer term for textiles

When India was partitioned “West Pakistan” had only two cotton yarn spinning mills and “East Pakistan” had no jute...

Updated 18 Jan, 2023 07:26am

Markets

Prices stable amid slow business on cotton market

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

Published 20 Nov, 2022 04:16am

Markets

Cotton spot rate increases by Rs500 per maund

LAHORE: The spot rate committee of the Karachi Cotton Association on Thursday increased the spot rate by Rs 500 per...

Published 04 Nov, 2022 05:56am

Markets

Firm trend on cotton market

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

Published 27 Oct, 2022 05:54am

Markets

Trading activity slow on cotton market

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

Published 18 Oct, 2022 06:02am

Markets

Pakistan floods leave cotton workers’ dreams in tatters

HASANABAD: Planting cotton for the first time was shaping up as a shrewd investment for young Pakistani farmer...

Published 17 Oct, 2022 07:13pm

Markets

Subdued business on cotton market

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

Published 16 Oct, 2022 03:53am

Markets

Cotton market: Easy trend witnessed amid modest trading activity

LAHORE: The Spot Rate Committee of the Karachi Cotton Association (KCA) on Tuesday decreased the spot rate by Rs 500...

Published 28 Sep, 2022 05:51am

Markets

Punjab expecting a decline in average cotton yield this year: official

LAHORE: The Punjab province, where cotton has been cultivated over 3.7 million acres of land this year, has obtained...

Published 27 Sep, 2022 04:06am

Markets

Cotton market: a firm trend

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

Updated 17 Sep, 2022 12:29pm

Markets

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Monday (September 12, 2022)....

Published 13 Sep, 2022 06:12am

Markets

Upward trend persists on cotton market

LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Thursday increased the spot rate by Rs 700 per...

Published 29 Jul, 2022 06:14am

Markets

Cotton market: Firmness prevails amid modest activity

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

Published 27 Jul, 2022 05:23am

BR Research

Cotton outlook: that bad?

Last month, world cotton prices finally begin to show signs of easing. Spot prices are down 37 percent from peak...

Published 18 Jul, 2022 08:32am

Markets

Small trading activity seen on cotton market

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

Published 28 Jun, 2022 06:10am

Markets

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Monday (June 27, 2022)....

Published 28 Jun, 2022 06:10am

BR Research

Cotton forecast: this again?

Pakistan’s cotton imports are on the rise again.After importing just 3.1 million bales (of 170kg) during first ...

Published 27 Jun, 2022 09:35am

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

Current spell of rains likely to cause positive impact on cotton yield

MULTAN: Director Central Cotton Research Institute (CCRI) Dr Zahid Mahmood said that the current spell of rain would...

Published 20 Jun, 2022 05:51am

Markets

Spot rate falls amid improved volume of business

LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Friday decreased the rate of new cotton by Rs...

Published 18 Jun, 2022 06:00am

Markets

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (June 17, 2022)....

Published 18 Jun, 2022 06:00am

Markets

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Monday (June 13, 2022)....

Published 14 Jun, 2022 05:56am

Markets

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Monday (June 06, 2022)....

Published 07 Jun, 2022 05:47am

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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