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textile sector

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

Markets

Weekly Cotton Review: Spot rate decreases amid dull business

KARACHI: The production of cotton till now is said to be seventy three lac and seventy thousand bales; however, the...

Published 20 Nov, 2023 06:28am

Markets

Cotton arrival improves 13.3% in last two weeks of Oct: PCGA

Cotton arrival in Pakistan witnessed a significant increase of 13.3% as of October 31 compared to October 15, showed...

Published 03 Nov, 2023 01:06pm

Markets

Pakistan’s textile exports up 5% year-on-year in October, clock in at $1.43bn

APTMA says exports also increased over 5% on monthly basis

Updated 02 Nov, 2023 10:49pm

BR Research

Cotton buying: not enough juice?

During the cotton marketing season, the race to procure white gold usually does not start too early, driven by a...

Published 26 Oct, 2023 07:52am

Markets

Cotton arrival surges 19.3% in first two weeks of Oct: PCGA

Cotton arrival in Pakistan witnessed a significant increase of 19.3% as of October 15 compared to September 30,...

Updated 18 Oct, 2023 05:52pm

Business & Finance

New industrial policy: FCCI must present recommendations: NPO CE

FAISALABAD: The Faisalabad Chambers of Commerce & Industry (FCCI) must present workable and viable...

Published 11 Oct, 2023 03:09am

Markets

Pakistan eyes cotton output of 12mn bales this year, says caretaker minister

Federal Caretaker Minister for Industries and Commerce Dr Gohar Ejaz on Saturday said the government has projected a...

Updated 07 Oct, 2023 10:55pm

Opinion

Export sector: prohibitive energy costs

If the economy is to be stabilized, exports can no longer afford to pay for the energy sector’s failures and...

Published 03 Oct, 2023 06:02am

Business & Finance

More companies announce temporary shutdowns as economic woes continue

Despite the government’s decision to ease restrictions on the approval of Letters of Credit (LCs), Pakistan’s...

Updated 02 Oct, 2023 04:02pm

Business & Finance

Meeting with ministers sought: RLNG/gas supply and pricing need clarity: APTMA

ISLAMABAD: While expressing concerns about the continuation of cross-subsidy, the All Pakistan Textile Mills...

Published 29 Sep, 2023 06:24am

Business & Finance

Kohinoor Textile Mills posts 72% increase in profit

Kohinoor Textile Mills Limited (KTML) registered a profit after tax (PAT) of Rs9.19 billion for the fiscal year...

Published 11 Sep, 2023 06:23pm

Markets

Pakistan’s textile exports fall 6% year-on-year in August, clock in at $1.48bn: APTMA

However, on monthly basis, exports increase 13% in comparison to July

Updated 09 Sep, 2023 11:05pm

Markets

Weekly Cotton Review: Erosion in PKR value one of reasons behind rise in cotton prices

KARACHI: The rate of cotton witnessed an increase of Rs 2,500 per maund. The spot rate increased by Rs1800 per ...

Published 04 Sep, 2023 06:21am

Challenges facing the textile sector come under govt-APTMA talks

ISLAMABAD: In a significant move to address the challenges faced by textile industry, a delegation from the All...

Updated 01 Sep, 2023 08:44am

Textile exports: Govt sets $25bn target

ISLAMABAD: Caretaker Federal Minister for Commerce and Industries and Production, Dr Gohar Ejaz, on Wednesday, set...

Updated 31 Aug, 2023 08:43am

Business & Finance

NICAT, NASTP must provide IT ecosystem to textile sector: FCCI

FAISALABAD: National Incubation Centre for Aerospace Technologies (NICAT) and National Aerospace Science and...

Published 27 Aug, 2023 03:05am

Ginning factories: Govt decides to implement ‘track and trace’ system

ISLAMABAD: The government has decided to implement a track and trace system at ginning factories to fully document...

Updated 25 Aug, 2023 08:44am

Business & Finance

July textile group exports decline 11.44pc YoY

ISLAMABAD: The country’s textile group exports declined by around 11.44 per cent during the first month (July) of...

Updated 19 Aug, 2023 09:56am

Markets

Cotton arrival in Pakistan improves 48%: PCGA

Total arrival in Pakistan rises to 2.12 million bales as of August 15

Updated 18 Aug, 2023 02:49pm

Opinion

Economy needs stimulus

The economy is headed towards a deep recession. Only a well-targeted fiscal stimulus can avert the incoming crisis....

Published 18 Aug, 2023 06:13am

LSMI output down 10.26pc YoY

ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output has declined by 10.26 percent during the fiscal...

Updated 16 Aug, 2023 08:46am

High interest rates, power tariffs, costly raw materials: Textile sector will continue to face economic headwinds: APTMA

ISLAMABAD: The textile sector will continue to experience economic headwinds related to high interest rates,...

Updated 16 Aug, 2023 10:42am

Markets

Sindh & Balochistan: Textile units hit hard by two days per week gas suspension: TMA

KARACHI: Syed Usman Ali, Chairman South Circle of the Towel Manufacturers Association of Pakistan, has raised...

Published 16 Aug, 2023 05:50am

BR Research

Interview with Fawad Anwar — MD, Al-Karam Textile Mills (Pvt) Ltd

‘We need a long-term plan and a well thought out strategy for exports’ Fawad Anwar is the Managing Director of...

Published 11 Aug, 2023 08:23am

Opinion

There’s need for repeat of TERF

In a two-part series of an article carried by this newspaper under the title of “Cotton crisis’: challenges,...

Published 07 Aug, 2023 06:34am

Editorials

Textile exports: where does Pakistan stand?

EDITORIAL: Insofar as the enormity of Pakistan’s economic (balance of payments and manufacturing) challenges is...

Published 04 Aug, 2023 06:20am

Markets

Cotton arrival in Pakistan surges 66.5%: PCGA

Cotton arrival in Pakistan witnessed a significant increase of 66.5% on August 1 compared to July 15, showed the...

Updated 03 Aug, 2023 06:34pm

Business & Finance

July textile exports down 15pc to $1.31bn YoY

ISLAMABAD: The country’s textile exports registered a decline of 15 percent and remained $1.31 billion during July...

Published 03 Aug, 2023 05:54am

Opinion

Exports collapsing under power sector burden

The fundamental premise upon which the foundations of modern-day economics stand is that resources are finite and...

Published 27 Jul, 2023 06:26am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 3 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 3 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 3 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 3 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 3 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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