News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

Weekly Cotton Review: Prices continue to decline on global downturn

KARACHI: The decline in cotton prices continues, as a decrease of Rs 800 per maund in spot rate was witnessed this...

Published 29 Apr, 2024 04:49am

Markets

Weekly Cotton Review: Global price decline finds its reflection in local market

KARACHI: The international cotton prices are experiencing a significant decrease, leading to a local decline. There...

Published 22 Apr, 2024 04:39am

Markets

Weekly Review: Cotton production surges 71pc to 8.4m bales

KARACHI: Cotton production has surged by 71%, reaching a total of 8.4 million bales; however, ginners have left with...

Published 08 Apr, 2024 04:46am

Markets

Weekly Cotton Review: Prices stable on cotton market amid low business volumes

KARACHI: There was stability in cotton prices, though business volume was quite low. New crop advance deals have...

Published 01 Apr, 2024 05:34am

Markets

Weekly Cotton Review: No change in spot rate amid falling business volumes

KARACHI: Stability in cotton prices remains elusive as business volume sees a significant downturn. Ginners are now...

Published 25 Mar, 2024 05:47am

Markets

Weekly Cotton Review: Rates stable despite decreased business volumes

KARACHI: The prices of cotton remained stable despite decreased business volume in the local cotton market. Textile...

Published 18 Mar, 2024 04:56am

Markets

Weekly Cotton Review: Prices fluctuate amid low trade volumes

KARACHI: Domestic cotton prices have shown a mixed trend recently, influenced by the fluctuations in New York cotton...

Published 11 Mar, 2024 04:45am

Markets

Weekly Review: Cotton rates stable amid low business volumes

KARACHI: The price of cotton remained stable during the last week, amid a low business volume. However, the...

Published 26 Feb, 2024 05:07am

Markets

Weekly Cotton Review: Prices continue to rise amid dwindling supply

KARACHI: There has been a significant increase in the price of cotton, with a further rise of Rs 1000 per maund. The...

Published 19 Feb, 2024 05:24am

Markets

Weekly Cotton Review: Prices continue to rise amid lacklustre business conditions

KARACHI: Cotton prices continued to rise during the previous week amid a limited business volume. There has been a...

Published 12 Feb, 2024 06:25am

Markets

Weekly Cotton Review: Slight increase in rate amid cautious buying

KARACHI: In a recent development, cotton production in Pakistan has surged to 83 lac and fifty thousand bales,...

Published 05 Feb, 2024 06:08am

Markets

Weekly Cotton Review: Prices rise amid good business volumes

KARACHI: Cotton prices were seen booming during the previous week. Over the past month, there has been a significant...

Published 29 Jan, 2024 04:37am

Markets

Weekly Cotton Review: Prices stable amid healthy business volumes

KARACHI: The cotton price during previous week remained stable, with an improvement in business volume. ...

Published 22 Jan, 2024 05:37am

Markets

Weekly Cotton Review: Prices remain stable; business volume relatively low

KARACHI: Cotton prices are stable. Improvement in cotton yarn. The business volume is relatively low. Spinners have...

Published 15 Jan, 2024 05:03am

Markets

Weekly Cotton Review: Rise in prices amid rising business volumes

KARACHI: Significant rise in cotton prices. The price surged to about Rs 2000, with an increase in the spot rate by...

Published 08 Jan, 2024 05:23am

Markets

Weekly Cotton Review: Prices stable amid low business volumes

KARACHI: Prices remained stable for quality cotton, but business volumes were quite low during the last week. Cotton...

Published 25 Dec, 2023 05:42am

Markets

Weekly Cotton Review: Market sees price stability amid low volume

KARACHI: Stability in the price of quality cotton was seen in previous week, though business volume remained quite...

Published 18 Dec, 2023 06:42am

Markets

Weekly review: Quality cotton rates remain stable amid low business volume

KARACHI: Stability in the rats of quality cotton witnessed. Business volume is limited. Due to the huge increase in...

Published 11 Dec, 2023 06:41am

Markets

Weekly Cotton Review: Cautious buying causes rate decline

KARACHI: Decline in cotton prices was witnessed due to lack of interest from textile mills. The Spot Rate was ...

Published 04 Dec, 2023 05:35am

Markets

Weekly Cotton Review: Prices largely stable amid low trade

KARACHI: Though overall cotton prices remained stable, but due to decrease in purchases, they have also started to...

Published 27 Nov, 2023 06:13am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Dow Jones / Apr 26	38239.66
India Sensex / Apr 29	74257.68
Hang Seng / Apr 29	17861.75
FTSE 100 / Apr 29	8179.85
Germany DAX 30 / Apr 29	18202.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Crude Oil USD/Barrel / Apr 29	83.16
Gold 10 Grams PKR / Apr 29	209105
Gold Spot USD/Ounce / Apr 29	2332.70
Cotton US¢/pound / Apr 29	82.15
Petrol/Litre / Apr 30	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 30 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 30 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 30 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 30 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 30 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 30 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 30 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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