KARACHI: Cotton rates decreased over cautious trading mode adopted by the mills and spinners on Thursday as buyers indulged in range bound activities to observe the latest developments in the market.
KARACHI: Cotton prices moved up on Tuesday on the back of strong demand by the mills and spinners amid active trading.
Karachi Cotton Association (KCA) official spot rate continued upward march as it went up by Rs 150 to Rs 6,450, dealers said. Market also followed New York cotton exchange trend as prices kept on a move in international market.
KARACHI: Traders participated in active trading on Monday over the news that State Bank of Pakistan has reduced policy rate by 150 basis points to 12 percent.
ISLAMABAD: The government is actively engaged to pave way for import of 500 MMCF Liquefied Natural Gas (LNG) on emergent basis to be exclusively used for generation of 2500 megawatts electricity in the country.
KARACHI: On the back of higher demands Pakistan cotton prices witnessed modest gained on Wednesday as mills indulged in active trading.
The Karachi Cotton Association (KCA) official spot rates moved up by Rs 100 to Rs 6,400 on Wednesday, dealers said.
KARACHI: Current rates of cotton attracted millers to indulge in active buying despite trading remained range bound at Pakistan cotton market on Tuesday.
KARACHI: Lower cotton prices attracted mills to indulge in active buying and higher influx of phutti and seed cotton encouraged growers and farmers to sell at current prices on Saturday.
KARACHI: Likelihood of a discount rate cut is increasing and the market is looking for positive triggers and foreign institutional support. Relaxation in policy rate in next Monetary Policy could bring positive activities in the market in the upcoming days. Market is expected to recover today (Friday).
KARACHI: With inflation numbers on a downward trend, likelihood of a discount rate cut is increasing. The market is looking for positive triggers and foreign institutional support. Relaxation in policy rate in next MPS could also help bring positive activities in the market in coming days.
KARACHI: With inflation numbers on a downward trend, likelihood of a discount rate cut is increasing. The market is looking for positive triggers and foreign institutional support. Relaxation in policy rate in next MPS could also help bring positive activities in the market in coming days.
KARACHI: The return of ginneries and arrivals of Phutti allowed Pakistan cotton market to witness brisk trading activities on Friday.
The Karachi Cotton Association (KCA) official spot rate remained intact at Rs 7,400 while physical prices were recorded at Rs 7,450, dealers said.
KARACHI: Ginneries participation in active trading on Thursday supported Pakistan cotton rates to remain firm. Some analysts expect that panic trading by ginneries can pushed cotton prices down.
KARACHI: The market is expected to remain range-bound and focused in some active blue chip stocks as the market is looking for positive triggers and foreign institutional support.
KARACHI: Pakistan cotton market observed brisk trading on Wednesday amid firm prices. The Karachi Cotton Association (KCA) official spot rate remained intact at Rs 7,400 on Wednesday while physical prices were recorded at Rs 7,600, dealers said.
KARACHI: Pakistan Petroleum Limited (PPL) confirmed here on Wednesday that it is interested to make an entry into an Exploration and Production business activities in Iran, according to the notice sent to the Karachi Stock Exchange (KSE).
KARACHI: Heavy rains in Karachi caused thin trading activities at cotton market on Tuesday. However, persistent rains in Sindh and Punjab pushed cotton prices up and expectations regarding further damage of crop make buyers cautious.
KARACHI: With clear weather today, market is likely to see increased activities. E&P sector would continue to drive interest. It is expected that the blue chip companies will remain active stocks.