News stories for Naseem Usman - Business Recorder

Naseem Usman

Business & Finance

WEEKLY COTTON REVIEW: Drastic cut in production hits businesses

The rate of cotton increased by Rs 300 per maund due to increase in buying by the textile sector. The drastic decrease in cotton production effects all the businesses related to cotton. There is severe financial crunch in markets due to the imposition of

Updated 21 Oct, 2019 07:24am

Business & Finance

WEEKLY COTTON REVIEW: rate remains stable, trading volume increases

The rate of cotton remained stable. The trading volume increased. Due to low cotton production it is expected that 50 lac bales of worth 1.50 billion dollars will be imported. Up till now import agreements of 20 lac bales have been signed. World cotton da

Updated 14 Oct, 2019 07:44am

Markets

WEEKLY COTTON REVIEW: trading volume increases, rate remains stable

Unfavorable weather conditions, attack of Locusts, pests and viruses decrease the production of cotton and it is expected that only one crore (10,000,000) bales of cotton will be produced. Economy has to bear the burden of import of forty five lac (4,500,

Published 07 Oct, 2019 12:00am

Business & Finance

WEEKLY COTTON REVIEW: trading volume increases, rate remains stable

Published 07 Oct, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: trading volume increases, rate remains stable

Published 07 Oct, 2019 12:00am

Business & Finance

WEEKLY COTTON REVIEW: trading volume increases, rate remains stable

Published 07 Oct, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: trend of increasing prices continues

The trend of increase in the prices of cotton remained continued due to the less production of cotton crop and it is expected that fourty lac (4,000,000) bales of worth 1.5 billion dollars will be imported. All Pakistan Textile Mills Association has reque

Published 30 Sep, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: trend of increasing prices continues

Published 30 Sep, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: reduced output leads to raise in price

After the report of reduction in the production of cotton the prominent increase of Rs 400 per maund was witnessed in the price of cotton. Estimates of production of 11,000,000 (One crore ten lac bales) of cotton predicts reliance will be on imported cott

Published 23 Sep, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: reduced output leads to raise in price

Published 23 Sep, 2019 12:00am

Markets

CCOTTON REVIE: raise in price attributed to imposition of ST

The prices of cotton increased by Rs 200/per maund. The prices of cotton increased in international market due to decrease in the intensity of America and China trade conflict. The prices of cotton increased due to imposition of sales tax on cotton as a r

Published 16 Sep, 2019 12:00am

Markets

CCOTTON REVIE: raise in price attributed to imposition of ST

Published 16 Sep, 2019 12:00am

Markets

COTTON WEEKLY REVIEW: prices remained stable yet may rise after Muharram

The prices of cotton remained stable over all however chances of increase in prices after Muharrm Ul Haram remain due to increase in buying. Mixed trend was seen in international market. Prime Minister again shows his resolve of taking textile industry ou

Published 09 Sep, 2019 12:00am

Markets

COTTON WEEKLY REVIEW: prices remained stable yet may rise after Muharram

Published 09 Sep, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: trading volume remains low

Cotton crop affected by rain and trading volume remains low. The rate of cotton increased in Punjab. September is detrimental for cotton crop. Federal Board of Revenue Assures to collect 10 % sales tax directly from textile mills and imposition of 1% With

Published 02 Sep, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: trading volume remains low

Published 02 Sep, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: Crisis prevail due to US, China trade conflict

The prices of cotton increased by Rs 300. Crisis like situation in the world prevailed due to the severe America and China trade conflict. The local cotton market also effected due to America and China trade conflict. During the last working day of the we

Published 26 Aug, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: partial trading starts after Eidul Azha holidays

The prices of cotton remained stable over all. The quality of crop effected due to rain while the rains caused little damage to the crop. The increasing trend was seen in the prices of cotton in the international market.

Published 19 Aug, 2019 12:00am

Markets

WEEKLY COTTON REVIEW: partial trading starts after Eidul Azha holidays

Published 19 Aug, 2019 12:00am

Markets

Weekly Cotton Review: Sluggish trend witnessed during current week

The sluggish trend from the previous week continued during the current week in the local cotton market. Textile and Spinning Mills continued their cautious buying but increase in cotton prices could not be seen because of quality issues of rain-affected c

Published 11 Aug, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Petrol/Litre / Apr 23	293.94
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Diesel/Litre / Apr 23	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Most Popular