Trends - Textile industry - Business Recorder

Textile industry

GIZ team meets SMEDA chief: Germany proposes projects for promoting textile industry

LAHORE: Federal Republic of Germany on Monday proposed to start two new projects in Pakistan for promoting Textile...

Published 21 Mar, 2023 06:29am

Exporters detect ‘flaws’ in FBR’s new refund procedure

ISLAMABAD: Prominent exporters have pointed out some serious flaws in the revised procedure of the Federal Board of...

Updated 20 Mar, 2023 08:59am

Cotton: huge output shortfall projected

Cotton production will be merely 4.78 million bales against the target of 09 million bales due to damage by the floods and decline in the area

Updated 19 Mar, 2023 12:20pm

FBR issues negative list of 714 goods

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 714 items on which input tax adjustment shall not...

Updated 17 Mar, 2023 09:16am

Business & Finance

‘Gold Sponsor’ Alibaba concludes its participation in Textile Asia fair

KARACHI: Alibaba, an ecommerce giant, has concluded its participation as Gold Sponsor in the 24th edition of South...

Published 16 Mar, 2023 06:01am

Jul-Jan LSMI output falls 4.40pc YoY

The LSMI output decreases by 7.9 percent for January 2023 when compared with January 2022

Updated 15 Mar, 2023 06:16pm

Business & Finance

APTMA North opposes diversion of gas to other sectors

LAHORE: Chairman All Pakistan Textile Mills Association (APTMA) North Hamid Zaman has apprehended closure of...

Published 14 Mar, 2023 03:18am

Business & Finance

24th Textile Asia fair to begin tomorrow

KARACHI: The three-day 24th Textile Asia international trade fair will be held at Karachi Expo Center from Friday...

Published 09 Mar, 2023 06:23am

Pakistan

ITMA in Milan: Italy consulate holds briefing for textile companies

KARACHI: Under the patronage of the Consulate of Italy in Karachi, a presentation was organised for the textile...

Published 08 Mar, 2023 06:20am

Markets

Pakistan’s textile exports plunge 28% in February

Provisional data released by APTMA conveys textile exports stood at $1.2bn in Feb

Updated 06 Mar, 2023 08:39pm

Opinion

Textile industry: water management

Unsustainable industrial water consumption has become a massive environmental sustainability challenge. Discharge of...

Published 05 Mar, 2023 03:36am

Business & Finance

PTEA appeals for govt measures to rescue ailing Punjab units

FAISALABAD: Extreme cash flow problems and high production costs have greatly damaged the prospects for growth in...

Published 23 Feb, 2023 07:30am

Business & Finance

Export industry: APTMA demands uniform gas tariff

KARACHI: All Pakistan Textile Mills Association (APTMA) has urged the federal government for a level playing field...

Updated 21 Feb, 2023 08:54am

Business & Finance

KP-TMA assails sharp hike in energy prices

PESHAWAR: Khyber Pakhtunkhwa Textile Mills Association (KP-TMA) has expressed concern over manifold increase in...

Published 20 Feb, 2023 06:26am

Business & Finance

APTMA ‘North Zone’ warns govt against withdrawal of RCET

LAHORE: Chairman All Pakistan Textile Mills Association (APTMA) North Zone Hamid Zaman has expressed the...

Published 18 Feb, 2023 03:33am

Opinion

EU’s textile waste and used clothing in Pakistan

With the rising global trends in fast fashion, the export of textile waste or unwanted clothes to destinations...

Published 14 Feb, 2023 05:58am

Business & Finance

Expert for making food and energy security part of national policy

LAHORE: Food and energy security should be made part of the national security policy besides agreeing on a charter ...

Published 07 Feb, 2023 06:07am

Business & Finance

Import of raw materials: PYMA says has apprised SBP about obstacles

KARACHI: Pakistan Yarn Merchants Association (PYMA) has informed the Governor State Bank of Pakistan, Jameel Ahmed,...

Published 21 Jan, 2023 07:18am

Perspectives

Economic chaos in Pakistan: outlook is gloomy

Pakistan is in the news but for all the wrong reasons. The events unfolding in the country are by no means unique...

Published 18 Jan, 2023 05:10pm

Opinion

Faltering exports – the longer term for textiles

When India was partitioned “West Pakistan” had only two cotton yarn spinning mills and “East Pakistan” had no jute...

Updated 18 Jan, 2023 07:26am

Business & Finance

Declining exports hurting economy, causing joblessness: PBF report

KARACHI: A detailed report of Pakistan Businesses Forum (PBF) stated that despite Pakistan’s myriad political...

Published 14 Jan, 2023 06:22am

Business & Finance

APTMA bemoans raw material shortages

KARACHI: The country’s largest export-oriented textile industry is facing a severe crisis of raw material and the...

Updated 14 Jan, 2023 08:41am

Business & Finance

PHMA calls for PM’s intervention over SBP’s restrictions

LAHORE: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has lamented that the import restriction ...

Published 13 Jan, 2023 06:05am

Business & Finance

Punjab govt assures APTMA of resolving industry issues on priority

LAHORE: The Punjab government has assured All Pakistan Textile Mills Association (APTMA) of resolving industry ...

Published 13 Jan, 2023 06:05am

Business & Finance

Secretary assures APTMA: Punjab govt decides to form working group for resolution of industry issues

LAHORE: The Punjab government has decided to constitute a working group for the resolution of problems of textile...

Published 10 Jan, 2023 06:00am

Business & Finance

Textile bodies term ‘imbalance of payments’ main problem

FAISALABAD: All textile associations, in the joint press conference, held at the Pakistan Hosiery Manufacturers and...

Published 06 Jan, 2023 06:55am

Business & Finance

APTMA squashes industry closure rumours

KARACHI: All Pakistan Textile Mills Association (APTMA) has strongly rejected the fake reports regarding the closure...

Published 27 Dec, 2022 06:07am

Pakistan

WWF Pakistan, APTMA to conduct sustainability awareness sessions

LAHORE: WWF Pakistan and All Pakistan Textile Mills Association (APTMA) have agreed to carry out joint ...

Published 21 Dec, 2022 06:05am

Business & Finance

Textile value chain: APTMA demands restoration of ‘zero rating’

KARACHI: All Pakistan Textile Association (APTMA) has urged the federal government for immediate restoration of...

Updated 08 Dec, 2022 09:11am

Opinion

Is default in prospect?

The economy is closing in external payment ‘implied default’ situation. This means that with SBP’s (State Bank of...

Published 05 Dec, 2022 06:13am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Mar 30 Chakwal Spinning Mills Limited(CWSM)	1.36 ▲ 0.20 (17.24%)
First IBL Mod. / Mar 30 First IBL Modaraba(FIBLM)	5.90 ▲ 0.60 (11.32%)
First Pak Mod. / Mar 30 First Pak Modaraba(PAKMI)	1.34 ▲ 0.13 (10.74%)
Dewan Sugar / Mar 30 Dewan Sugar Mills Limited(DWSM)	2.57 ▲ 0.23 (9.83%)
Unicap Modaraba / Mar 30 Unicap Modaraba(UCAPM)	1.77 ▲ 0.15 (9.26%)
Premier Insurance / Mar 30 Premier Insurance Limited(PINL)	7.50 ▲ 0.63 (9.17%)
B.R.R.Guardian / Mar 30 B.R.R. Guardian Modaraba(BRR)	12.04 ▲ 0.99 (8.96%)
Ismail Ind. / Mar 30 Ismail Industries Limited(ISIL)	518.26 ▲ 36.15 (7.50%)
Khyber Tex. / Mar 30 Khyber Textile Mills Limited(KHYT)	397.42 ▲ 27.72 (7.50%)
Suraj Cotton / Mar 30 Suraj Cotton Mills Limited(SURC)	102.53 ▲ 7.15 (7.50%)

Stock	Price
First Prudential Mod. / Mar 30 First Prudential Modaraba(PMI)	1.40 ▼ -0.24 (-14.63%)
Trust Mod. / Mar 30 Trust Modaraba(TRSM)	1.30 ▼ -0.20 (-13.33%)
Sapphire Fibres / Mar 30 Sapphire Fibres Limited(SFL)	1018 ▼ -82.00 (-7.45%)
Sardar Chemical / Mar 30 Sardar Chemical Industries Limited(SARC)	32 ▼ -2.55 (-7.38%)
Gadoon Textile / Mar 30 Gadoon Textile Mills Limited(GADT)	192.50 ▼ -15.30 (-7.36%)
Philip Morris Pak. / Mar 30 Philip Morris (Pakistan) Limited(PMPK)	461 ▼ -36.43 (-7.32%)
Pakistan Services / Mar 30 Pakistan Services Limited(PSEL)	876 ▼ -69.10 (-7.31%)
Shield Corp. / Mar 30 Shield Corporation Limited(SCL)	282 ▼ -22.00 (-7.24%)
Bal. Wheel / Mar 30 Baluchistan Wheels Limited(BWHL)	68.42 ▼ -5.18 (-7.04%)
JDW Sugar / Mar 30 JDW Sugar Mills Limited(JDWS)	356 ▼ -26.79 (-7.00%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▼ -0.21
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.01
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.23
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	6,136,500 ▼ -0.05
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.08
Engro Corp / Mar 30 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -0.02
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.46
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▼ -1.99
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	3,645,000 ▲ 0.36
K-Electric Ltd. / Mar 30 K-Electric Limited(KEL)	3,416,092 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	284.05
USD PKR Interbank Buying / Mar 30	283.80
USD to Japanese Yen / Mar 30	132.47
USD to Swiss Franc / Mar 30	0.92
Pound Sterling to USD / Mar 30	1.23
Euro to USD / Mar 30	1.08
UK LIBOR % / Mar 29	4.81

Stock	Volume
S&P 500 / Mar 29	4027.81
India Sensex / Mar 29	57960.09
Nasdaq / Mar 29	11926.24
Dow Jones / Mar 29	32717.60
Tokyo Nikkei / Mar 30	27782.93
Hang Seng / Mar 30	20309.13
FTSE 100 / Mar 30	7578.80
Germany DAX 30 / Mar 30	15430.39
France CAC40 / Mar 30	7235.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 29	18935
Gold 10 Grams PKR / Mar 29	176268
Crude Oil USD/Barrel / Mar 30	72.81
Gold Spot USD/Ounce / Mar 30	1963.79
Cotton US¢/pound / Mar 30	82.34

Textile industry

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