The Finance Ministry must not make the exchange rate a matter of life and death and try to adjust as India (with 8 percent devaluation) and other countries have done to increase exports. This was stated by Dr Hafiz Pasha, former Advisor to the Prime Minis
Pakistan equities ended "almost flat" at 31,294 points, registering 0.9 percent Week-on-Week (WoW) growth in the benchmark KSE-100 index during the week that ended on February 26. Compared to 124 million of preceding week, daily trade averaged 11.5 percen
Pakistan equities ended "almost flat" at 31,294 points, registering 0.9 percent Week-on-Week (WoW) growth in the benchmark KSE-100 index during the week that ended on February 26. Compared to 124 million of preceding week, daily trade averaged 11.5 percen
Pakistan equities ended "almost flat" at 31,294 points, registering 0.9 percent Week-on-Week (WoW) growth in the benchmark KSE-100 index during the week that ended on February 26. Compared to 124 million of preceding week, daily trade averaged 11.5 percen
Sharply reacting on the statement of Commerce Minister Engineer Khurram Dastgir that the government would remove 10 percent Regulatory Duties (RD) on fine yarn, local textile millers, industrialists, spinners have demanded at least 25 percent regulatory d
The Central Executive Committee of Pakistan Cotton Ginners Association (PCGA)has expressed its concern on the issuance of notices to the ginners by the livestock department and the Federal Board of Revenue describing them unjust and demanded for withdrawa
A steadier trend was witnessed on the cotton market on Saturday amid restricted buying by spinners, dealers said. The official spot rate was unchanged at Rs 5,300, dealers said. In Sindh, seed cotton prices were at Rs 1500-2700, and in Punjab prices staye
The March vaida was down on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The March Vaida closed on Thursday at Rs 2051.30 and it commenced with 30 paisa loss at Rs 2051.00 in the early hours, they said.
A restricted buying again witnessed on the wholesale grain market on Saturday in the process of trading, dealers said. On the cereals side, Moong Punjab was lower by Rs 125 to Rs 9875, other commodities held the overnight levels, they said. On the seeds s
Cotton futures languished near 6-1/2 year lows for a third straight session on Friday and notched up their biggest weekly loss in nearly five months on a stronger dollar and overall bearish trend in commodities. "Nobody is going to step up here and buy co
US farmers will cut plantings of the eight major crops by 1 percent to 249.1 million acres in 2016, with expectations for weak prices cutting into seedings, the US Agriculture Department said on Thursday. "Farm budgets have been tightening with lower pric
Central executive committee of Pakistan Cotton Ginners Association (PCGA) has expressed concern over decrease in cotton yield in the current season of 2015-16. In this regard, the 278th meeting presiding over by the chairman Shehzad Ali Khan was held here
US corn and soyabean prices fell on Thursday as commodity traders reacted to forecasts of increased corn plantings and grain production, as well as predictions of falling prices in the coming growing season. But wheat futures bounced back during the day's
Cotton futures stemmed a four-day losing streak on Thursday, rising off the lowest level in 6-1/2 years as investors covered bearish bets. "(Cotton is) oversold on many different levels," helping to prompt a short-covering rally, said Lou Barbera of ICAP
Despite less than a million bales remaining unsold from the current crop (2015/2016), there is no buoyancy on the domestic cotton market. Some sources put the remaining unsold crop from the current season at about 800,000 bales (155 Kgs) from which only a
Despite less than a million bales remaining unsold from the current crop (2015/2016), there is no buoyancy on the domestic cotton market. Some sources put the remaining unsold crop from the current season at about 800,000 bales (155 Kgs) from which only a
Prices recovered overnight losses on the cotton market on Friday as most of the buyers came back to cover their immediate needs, dealers said. The official spot rate recovered by Rs 50 to Rs 5,300, dealers said. In Sindh, seed cotton prices were at Rs 150