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Jun 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Cotton

Encryption row spotlights fears on security, privacy
Cotton

Encryption row spotlights fears on security, privacy

Has encryption technology given the bad guys a way to operate in the dark? Or has the new tech age gifted law enforcement with unprecedented surveillance powers? A weeks-long showdown between the FBI and Apple ended last month without a clear winner, but
Published 30 Apr, 2016 12:00am
Cotton market: Trade activity rises on strong buying by mills
Cotton

Cotton market: Trade activity rises on strong buying by mills

Prices were stable on the cotton market on Friday as mills indulged in fresh buying to meet their urgent requirements, dealers said. The official spot rate was unchanged at Rs 5,600 dealers said. In the Punjab, prices of seed cotton showed no change at Rs
Published 30 Apr, 2016 12:00am
World Bank sees gradual increase in inflation rate
Cotton

World Bank sees gradual increase in inflation rate

The World Bank (WB) is expecting gradual increase in inflation rate for Pakistan which continues in single-digits as the base effect diminishes, domestic energy prices increases, and aggregate demand grows. Releasing its twice-a-year Pakistan Development
Published 29 Apr, 2016 12:00am
World Bank sees gradual increase in inflation rate
Cotton

World Bank sees gradual increase in inflation rate

The World Bank (WB) is expecting gradual increase in inflation rate for Pakistan which continues in single-digits as the base effect diminishes, domestic energy prices increases, and aggregate demand grows. Releasing its twice-a-year Pakistan Development
Published 29 Apr, 2016 12:00am
Subdued business on grain market
Cotton

Subdued business on grain market

Slow trade activity was witnessed on the wholesale grain market on Thursday due to lack of motivating factors, dealers said. On the grams side, yellow peas Russia lost Rs 300 to Rs 5400 and yellow peas Dall Russia followed same pattern, shedding Rs 200 to
Published 29 Apr, 2016 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Both the futures showed no change on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The May vaida closed at Rs 2046.60 and at the same rate in morning session, they said. The July vaida settled at Rs 2048.80 an
Published 29 Apr, 2016 12:00am
Buyers, sellers adopt wait-and-see attitude
Cotton

Buyers, sellers adopt wait-and-see attitude

Both buyers and sellers adopted wait-and-see attitudes on the cotton market on Thursday to observe situation after Trading Corporation of Pakistan (TCP)'s entry into the market, dealers said. The official spot rate was unchanged at Rs 5,600 dealers said.
Published 29 Apr, 2016 12:00am
Depleting stocks push up cotton prices to seasonal high rates
Cotton

Depleting stocks push up cotton prices to seasonal high rates

With barely a couple of hundred thousand bales (155 kgs) from the current crop (August 2015 / July 2016) remaining unsold with the ginners, mostly of lower grades, lint prices have risen to seasonal high levels. There are reports in the market that the Tr
Published 29 Apr, 2016 12:00am
Depleting stocks push up cotton prices to seasonal high rates
Cotton

Depleting stocks push up cotton prices to seasonal high rates

With barely a couple of hundred thousand bales (155 kgs) from the current crop (August 2015 / July 2016) remaining unsold with the ginners, mostly of lower grades, lint prices have risen to seasonal high levels. There are reports in the market that the Tr
Published 29 Apr, 2016 12:00am
ICE cotton up as US Fed decides to hold rates steady
Cotton

ICE cotton up as US Fed decides to hold rates steady

Cotton futures rose slightly higher in late trading on Wednesday supported by the US Federal Reserve's announcement to keep interest rates unchanged. The Fed's statement indicating it was not in any hurry to raise rates gave speculators freedom to continu
Published 29 Apr, 2016 12:00am
German experts develop new method for predicting India's monsoon
Cotton

German experts develop new method for predicting India's monsoon

Climate researchers in Germany said Wednesday they had found a way to more accurately predict the Indian monsoon, which could help maximise the subcontinent's food and hydro-power supplies. Improved forecasts of when the heavy summer rains start and end c
Published 29 Apr, 2016 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Apr, 2016 12:00am
World Bank sees gradual increase in inflation rate
Cotton

World Bank sees gradual increase in inflation rate

The World Bank (WB) is expecting gradual increase in inflation rate for Pakistan which continues in single-digits as the base effect diminishes, domestic energy prices increases, and aggregate demand grows. Releasing its twice-a-year Pakistan Development
Published 29 Apr, 2016 12:00am
World Bank sees gradual increase in inflation rate
Cotton

World Bank sees gradual increase in inflation rate

The World Bank (WB) is expecting gradual increase in inflation rate for Pakistan which continues in single-digits as the base effect diminishes, domestic energy prices increases, and aggregate demand grows. Releasing its twice-a-year Pakistan Development
Published 29 Apr, 2016 12:00am
Growth target to be missed: budget paper approved by Cabinet
Cotton

Growth target to be missed: budget paper approved by Cabinet

The Federal Cabinet has approved the budget strategy paper for the next fiscal year with Finance Minister acknowledging that the country would miss the budgeted GDP growth target of 5.5 per cent for the current fiscal year due to a massive decline in cott
Published 28 Apr, 2016 12:00am
Growth target to be missed: budget paper approved by Cabinet
Cotton

Growth target to be missed: budget paper approved by Cabinet

The Federal Cabinet has approved the budget strategy paper for the next fiscal year with Finance Minister acknowledging that the country would miss the budgeted GDP growth target of 5.5 per cent for the current fiscal year due to a massive decline in cott
Published 28 Apr, 2016 12:00am
Growth target to be missed: budget paper approved by Cabinet
Cotton

Growth target to be missed: budget paper approved by Cabinet

The Federal Cabinet has approved the budget strategy paper for the next fiscal year with Finance Minister acknowledging that the country would miss the budgeted GDP growth target of 5.5 per cent for the current fiscal year due to a massive decline in cott
Published 28 Apr, 2016 12:00am
Index hits five-month high
Cotton

Index hits five-month high

Bulls dominated the share market Wednesday with the KSE-100 index surging 1.25 percent because of what analysts said investors'' optimism for strong corporate earnings. The benchmark index rose by 422 points to close at five-month high of 34,269 points co
Published 28 Apr, 2016 12:00am
Index hits five-month high
Cotton

Index hits five-month high

Bulls dominated the share market Wednesday with the KSE-100 index surging 1.25 percent because of what analysts said investors' optimism for strong corporate earnings. The benchmark index rose by 422 points to close at five-month high of 34,269 points com
Published 28 Apr, 2016 12:00am
Index hits five-month high
Cotton

Index hits five-month high

Bulls dominated the share market Wednesday with the KSE-100 index surging 1.25 percent because of what analysts said investors' optimism for strong corporate earnings. The benchmark index rose by 422 points to close at five-month high of 34,269 points com
Published 28 Apr, 2016 12:00am
Daily trading report of PMEX
Exchange

Daily trading report of PMEX

On Tuesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 6,231 million and the number of lots traded was 30.30 million. PMEX Commodity Index closed at 2,834. Major business was contributed by gold amounting to PKR 5,536 million followed by
Published 28 Apr, 2016 12:00am
Cotton market: rates drift lower on quality factor
Cotton

Cotton market: rates drift lower on quality factor

Prices of cotton came down on the cotton market on Wednesday due to quality factor, dealers said. The official spot rate was lower by Rs 50 to Rs 5600, they said. In the Punjab, seed-cotton prices were at Rs 3100 and Rs 3200, they said. In ready session,
Published 28 Apr, 2016 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Both the futures were lower on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The May vaida closed at Rs 2046.80 and it dropped 10 paisas at Rs 2040.70, dealers said. The July vaida closed at Rs 2049.10 and it
Published 28 Apr, 2016 12:00am
Lean business on grain market
Cotton

Lean business on grain market

Small business activity was seen on the wholesale grain market on Wednesday in the process of trading, dealers said. On the cereals side, wheat bardan gained Rs 50 to Rs 3010, other items were unmoved due to balanced demand and supply, they said. On the s
Published 28 Apr, 2016 12:00am
ICE cotton futures settle lower on profit-taking
Cotton

ICE cotton futures settle lower on profit-taking

Cotton futures settled slightly lower on Tuesday, dragged down by profit-taking on the heels of last week's more than 6 percent gain. "You're going to run into a lot of resistance at this level ... This (the recent gain) was just a technical aberration,"
Published 28 Apr, 2016 12:00am
Textile sector: MoC to fund project initiated by NTU: Dastgir
Cotton

Textile sector: MoC to fund project initiated by NTU: Dastgir

Minister for Commerce, Engineer Khurram Dastgir Khan directed that the Ministry of Commerce will fund the project for pointed interventions in the research and innovation projects for textile sector initiated by the National Textile University. The projec
Published 28 Apr, 2016 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (April 27, 2016).

Published 28 Apr, 2016 12:00am