News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

Weekly Review: Cotton market witnesses continuous price decline

KARACHI: The cotton market continues to witness a persistent decline in prices, with a noticeable drop in spot rates...

Published 24 Mar, 2025 05:33am

Markets

Weekly Cotton Review: Prices continue to decline amid lacklustre trade

KARACHI: The decline in cotton prices continues to persist, with the spot rate experiencing a further drop of 300...

Published 17 Mar, 2025 07:09am

Markets

Weekly Cotton Review: Spot rate decreases amid slow trade

KARACHI: Cotton production has seen a concerning decline of 34 percent, accompanied by a continued downward trend in...

Published 10 Mar, 2025 05:22am

Markets

Weekly Cotton Review: Prices continue to decline

KARACHI: In recent days, cotton prices have continued to drop, with trading activities remaining sluggish in local...

Updated 03 Mar, 2025 08:02am

Markets

Weekly Cotton Review: Bearish trend persists amid low trade volumes

KARACHI: The cotton market continues to face a bearish trend, with trading activity remaining limited....

Published 24 Feb, 2025 06:23am

Markets

Weekly Cotton Review: Spot rate down as prices continue to fall

KARACHI: A continuous drop in cotton prices over the past week has plunged the local cotton market into uncertainty....

Published 17 Feb, 2025 03:09am

Markets

Weekly Cotton Review: Sharp decline in production rattles industry

KARACHI: Pakistan has recorded a concerning decline in cotton production by 28.50 lac bales, raising alarms within...

Published 10 Feb, 2025 06:47am

Markets

Weekly Cotton Review: Low business volume reported

KARACHI: The cotton market is experiencing mixed price trends, with low business volume reported. Meanwhile, the...

Published 03 Feb, 2025 06:41am

Markets

Weekly Cotton Review: Spot rate decreases amid low trade volume

KARACHI: The overall trend showed a mixed situation in cotton prices previous week. Business volume was limited as...

Published 27 Jan, 2025 05:50am

Markets

Weekly Cotton Review: Prices stable amid low production forecast

KARACHI: Cotton production has declined significantly by 33.52%, amounting to a loss of 27.68 lac bales. Despite...

Published 20 Jan, 2025 05:31am

Markets

Weekly Cotton Review: Prices show a rising trend

KARACHI: Local cotton prices have seen a significant increase, according to industry sources. While the market...

Published 13 Jan, 2025 03:06am

Markets

Weekly Cotton Review: Prices climb amid limited trade activity

KARACHI: The rapid increase in cotton prices in the country gave a severe blow to the cotton industry. Cotton prices...

Published 06 Jan, 2025 05:47am

Markets

Weekly Cotton Review: Prices stable amid low trade volumes

KARACHI: Cotton prices improve during the previous amid challenges persisting. Recent market trends have shown a...

Updated 30 Dec, 2024 08:40am

Markets

Weekly Cotton Review: Prices remain stable

KARACHI: Cotton prices in Pakistan remained stable last week, however, trading activity was subdued. A bearish trend...

Published 23 Dec, 2024 06:03am

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

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

Weekly Cotton Review: Prices continue to fall amid low trade volumes

KARACHI: In local market, prices of cotton continued to decline. Trading volumes also remained relatively low....

Published 02 Dec, 2024 06:50am

Markets

Weekly Cotton Reviews: Prices decline amid low trading volumes

KARACHI: Cotton prices have witnessed a decline, while New York cotton prices have shown an upward trend. Trading...

Published 25 Nov, 2024 06:15am

Markets

Weekly Cotton Review: Spot rate decreases as mixed trend prevails

KARACHI: A mixed trend prevailed in cotton prices during the previous week, with low trading volume and a decline in...

Published 18 Nov, 2024 02:54am

Markets

Weekly Cotton Review: Overall stability observed in prices

KARACHI: Overall stability was observed in cotton prices. New York cotton prices saw an increase. However, business...

Published 11 Nov, 2024 06:03am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 24	280.43
USD PKR Interbank Buying / Mar 24	280.23
USD to Japanese Yen / Mar 24	149.74
USD to Swiss Franc / Mar 24	0.88
Pound Sterling to USD / Mar 24	1.29
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 20	4.96

Stock	Volume
S&P 500 / Mar 21	5,667.56
Nasdaq / Mar 21	17,784.05
Dow Jones / Mar 21	41,985.35
India Sensex / Mar 24	77,793.05
Tokyo Nikkei / Mar 24	37,670.65
Hang Seng / Mar 24	23,618.98
FTSE 100 / Mar 24	8,686.12
Germany DAX 30 / Mar 24	23,046.22
France CAC40 / Mar 24	8,081.33

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	17,285
Gold 10 Grams PKR / Mar 21	273,319
Petrol/Litre / Mar 24	255.63
Crude Oil USD/Barrel / Mar 24	68.22
Gold Spot USD/Ounce / Mar 24	3,018.34
Diesel/Litre / Mar 24	258.64
Cotton US¢/pound / Mar 24	64.92

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Mar 24 Security Investment Bank Limited(SIBL)	7.99 ▲ 1 (14.31%)
Jubilee Spinning / Mar 24 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▲ 1 (10.19%)
Saritow Spinning / Mar 24 Saritow Spinning Mills Limited(SSML)	19.88 ▲ 1.81 (10.02%)
Diamond Ind. / Mar 24 Diamond Industries Limited(DIIL)	30.76 ▲ 2.8 (10.01%)
Crescent Fib. / Mar 24 Crescent Fibres Limited(CFL)	45.72 ▲ 4.16 (10.01%)
Bela Auto / Mar 24 Bela Automotives Limited(BELA)	183.56 ▲ 16.69 (10%)
East West Ins. / Mar 24 East West Insurance Company Limited(EWIC)	63.02 ▲ 5.73 (10%)
Crescent Cotton / Mar 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5 (10%)
Al-Khair Gadoon / Mar 24 Al-Khair Gadoon Limited(AKGL)	45.10 ▲ 4.1 (10%)
Imperial Limited / Mar 24 Imperial Limited(IML)	18.70 ▲ 1.7 (10%)

Stock	Price
Jubile Life InsXD / Mar 24 Jubilee Life Insurance Company Limited(JLICL)	148.10 ▼ -19.22 (-11.49%)
Pakgen Power / Mar 24 Pakgen Power Limited(PKGP)	112.97 ▼ -12.55 (-10%)
Bunnys Limited / Mar 24 Bunnys Limited(BNL)	20.85 ▼ -2.31 (-9.97%)
TPL Life Insur. / Mar 24 TPL Life Insurance Limited(TPLL)	60.76 ▼ -6.66 (-9.88%)
JS Global Banking / Mar 24 JS Global Banking Sector (ETF)(JSGBETF)	18.30 ▼ -2 (-9.85%)
Baba Farid Sugar / Mar 24 Baba Farid Sugar Mills Limited(BAFS)	48.01 ▼ -5.12 (-9.64%)
Cherat Cement / Mar 24 Cherat Cement Company Limited(CHCC)	251.99 ▼ -25.37 (-9.15%)
Shadman Cotton / Mar 24 Shadman Cotton Mills Limited(SHCM)	27.04 ▼ -2.66 (-8.96%)
The Thal Ind.Corp. / Mar 24 The Thal Industries Corporation Limited(TICL)	300.34 ▼ -26.63 (-8.14%)
Noon Sugar / Mar 24 Noon Sugar Mills Limited(NONS)	73.15 ▼ -6.42 (-8.07%)

Stock	Volume
Cnergyico PK / Mar 24 Cnergyico PK Limited(CNERGY)	49,087,352 ▼ -0.04
Pak Elektron / Mar 24 Pak Elektron Limited(PAEL)	28,618,034 ▼ -2.68
Pak Refinery / Mar 24 Pakistan Refinery Limited(PRL)	27,365,824 ▼ -1.29
Fauji Foods Ltd / Mar 24 Fauji Foods Limited(FFL)	26,352,530 ▼ -0.31
B.O.Punjab / Mar 24 The Bank of Punjab(BOP)	18,341,994 ▼ -0.17
TRG Pak Ltd / Mar 24 TRG Pakistan Limited(TRG)	15,522,190 ▲ 1.89
Sui South Gas / Mar 24 Sui Southern Gas Company Limited(SSGC)	14,112,978 ▼ -0.86
Pak Int.Bulk / Mar 24 Pakistan International Bulk Terminal(PIBTL)	11,162,195 ▲ 0.13
WorldCall Telecom / Mar 24 Worldcall Telecom Limited(WTL)	10,676,385 ▼ -0.03
K-Electric Ltd. / Mar 24 K-Electric Limited(KEL)	10,144,462 ▼ -0.09

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