Trends - textile sector - Business Recorder

textile sector

PYMA slams duty structures, policy ambiguities in federal budget

KARACHI: Muhammad Saqib Goodluck, Chairman of The Pakistan Yarn Merchants Association (PYMA), has risen significant...

Published 23 Jun, 2025 05:45am

Business & Finance

Pakistan’s textile mill shuts down leasehold spinning unit amid sector challenges

Arctic Textile Mills Limited, formerly called Khurshid Spinning Mills, has announced the immediate discontinuation...

Published 19 Jun, 2025 01:46pm

Perspectives

Sustainable path to $100 billion textile exports

The Government of Pakistan appreciates the proactive engagement of textile sector associations in highlighting the...

Published 18 Jun, 2025 05:34pm

Business & Finance

Pakistan’s Interloop expands global footprint with acquisition of Bonnie Doon brand

Textile Hub B.V., an associate company of Interloop Limited, one of Pakistan’s largest textile exporters, has...

Updated 18 Jun, 2025 05:58pm

Apr LSMI output grows 2.29pc YoY

ISLAMABAD: The large-scale manufacturing Industries (LSMI) of the country has registered an increase of 2.29 percent...

Updated 18 Jun, 2025 09:30am

Budget 2025-26

Imported cotton yarn: APTMA hails 18pc sales tax imposition

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has appreciated imposing 18 percent sales tax on...

Updated 12 Jun, 2025 08:47am

Budget 2025-26

PRGMEA seeks targeted policy support in budget

KARACHI: In an urgent appeal to the government, the Pakistan Readymade Garments Manufacturers and Exporters...

Updated 07 Jun, 2025 02:59pm

DDT scheme has small positive impact on textile exports: World Bank

ISLAMABAD: Pakistan’s Duty Drawback of Taxes (DDT) scheme had a small positive impact on aggregate textile exports,...

Updated 05 Jun, 2025 08:44am

Budget 2025-26

Textile bodies demand continuation of original EFS

KARACHI: The Value-Added Textile Associations Forum, representing various apparel and textile bodies, jointly held a...

Updated 05 Jun, 2025 09:26am

Budget 2025-26

PBF seeks 18pc GST exemption on yarn, fabric

KARACHI: The Pakistan Business Forum (PBF) has called on the federal government to exempt yarn and fabric from the...

Published 05 Jun, 2025 06:08am

Opinion

No room for illusions

I’ll be blunt and direct — there’s no room for comforting illusions when it comes to export growth. The world...

Updated 02 Jun, 2025 07:47am

Business & Finance

Bilateral trade: APTMA & textile bodies of Uzbekistan reach understanding

LAHORE: All Pakistan Textile Mills Association (APTMA) & Textile Associations of Uzbekistan have reached an...

Published 30 May, 2025 06:03am

Budget 2025-26

Local cotton: Pakistan govt working to abolish 18% GST, says minister

ISLAMABAD: Minister for National Food Security Rana Tanveer Hussain said on Wednesday that the government is...

Updated 29 May, 2025 08:25am

Markets

SNGPL tells APTMA all gas-related issues will be resolved on a priority basis

LAHORE: Managing Director Sui Northern Gas Pipelines Ltd (SNGPL) Amer Tufail has assured All Pakistan Textile Mills...

Published 28 May, 2025 06:02am

Business & Finance

Pakistan’s Zaki Bashir joins Heimtextil advisory board

KARACHI: Heimtextil, the world’s leading trade fair for home and contract textiles, has announced the appointment...

Updated 28 May, 2025 10:37am

Markets

Weekly Cotton Review: Trading activities remain limited

KARACHI: The New York cotton market showed mixed trends, while local cotton prices remained stable. However, trading...

Published 26 May, 2025 05:56am

Budget 2025-26

APTMA urges MoF to allow textile industry to import LNG

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has sent its proposals for budget 2025-26 to Finance...

Updated 23 May, 2025 08:00am

Business & Finance

Pakistan’s textile industry deterioration: Govt has failed to address ‘fatal’ anomaly in EFS

LAHORE: Pakistan’s textile industry is rapidly deteriorating as, for over 10 months now, the government has failed...

Updated 20 May, 2025 09:20am

Business & Finance

Pakistani brands at Dubai Baby Expo set sight on expansion

Baby Expo featured over 250 global brands from the maternity, baby and toddler space

Updated 20 May, 2025 01:30pm

MoC prepares draft textile, apparel policy

ISLAMABAD: The Ministry of Commerce (MoC) has prepared draft of three scenarios-based five years (2025-30) Textile...

Updated 19 May, 2025 09:15am

Business & Finance

Pakistan textile manufacturer to establish IT/EV Division as secondary business

Says textile business to remain the principal business

Published 16 May, 2025 03:25pm

Textile sector may return to costlier CPPs: PD’s PPP projections to Nepra draw sharp criticism

ISLAMABAD: The Power Division came under heavy criticism on Thursday for submitting what were termed unsubstantiated...

Updated 16 May, 2025 09:45am

Business & Finance

Increasing trade substantially: APTMA welcomes Trump’s statement

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) welcomed the recent statement by US President Donald J...

Published 13 May, 2025 06:15am

Markets

APTMA welcomes Trump’s trade pledge with Pakistan, expects tariff easing

The All Pakistan Textile Mills Association (APTMA) has welcomed US President Donald Trump’s intent to “increase...

Published 12 May, 2025 03:31pm

Markets

Weekly Cotton Review: Prices remain stable

KARACHI: The price of cotton remained generally stable. The conflict between Pakistan and India has affected...

Published 12 May, 2025 05:51am

Business & Finance

Italy reaffirms support for textile industry, offers advanced tech to boost exports

KARACHI: Italian Ambassador to Pakistan, Marilina Armellin, has reaffirmed Italy’s long-standing commitment to...

Published 02 May, 2025 06:12am

BR Research

Indus Dyeing & Manufacturing Company Limited

Indus Dyeing & Manufacturing Company Limited (PSX: IDYM) was incorporated in Pakistan as a public limited ...

Updated 02 May, 2025 08:09am

Exporters sound the alarm over highways closures in Sindh

KARACHI: Pakistan Hosiery Manufacturers & Exporters Association has raised alarm over the closure of major...

Updated 28 Apr, 2025 03:02pm

Business & Finance

23rd edition of ‘IGATEX Pakistan’ opens

KARACHI: The 23rd edition of IGATEX Pakistan, one of the largest textile and garment machinery exhibitions in South...

Published 25 Apr, 2025 06:05am

Editorials

The rot in agriculture

EDITORIAL: The prime minister’s visible frustration over the out-of-date state of Pakistan’s agriculture sector...

Updated 25 Apr, 2025 08:11am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 23	283.90
USD PKR Interbank Buying / Jun 23	283.60
USD to Japanese Yen / Jun 23	147.27
USD to Swiss Franc / Jun 23	0.82
Pound Sterling to USD / Jun 23	1.34
Euro to USD / Jun 23	1.15
UK LIBOR % / Jun 20	4.96

Stock	Volume
S&P 500 / Jun 20	5,967.84
Nasdaq / Jun 20	19,447.41
Dow Jones / Jun 20	42,206.82
India Sensex / Jun 23	81,805.29
Tokyo Nikkei / Jun 23	38,354.09
Hang Seng / Jun 23	23,650.62
FTSE 100 / Jun 23	8,779.33
Germany DAX 30 / Jun 23	23,247.79
France CAC40 / Jun 23	7,558.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 20	16,785
Gold 10 Grams PKR / Jun 20	306,069
Petrol/Litre / Jun 23	258.43
Crude Oil USD/Barrel / Jun 23	74.78
Gold Spot USD/Ounce / Jun 23	3,353.56
Diesel/Litre / Jun 23	262.59
Cotton US¢/pound / Jun 23	66.65

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 23 Crescent Jute Products Limited(CJPL)	7.49 ▲ 1 (15.41%)
AN Textile Mills / Jun 23 AN Textile Mills Limited(ANTM)	25.70 ▲ 2.34 (10.02%)
Leather Up Ltd. / Jun 23 Leather Up Limited(LEUL)	42.90 ▲ 3.9 (10%)
Rupali polyester / Jun 23 Rupali Polyester Limited(RUPL)	27.07 ▲ 2.46 (10%)
Frontier Ceram / Jun 23 Frontier Ceramics Limited(FRCL)	36.30 ▲ 3.3 (10%)
Karam Ceramics / Jun 23 Karam Ceramics Limited(KCL)	66.80 ▲ 6.07 (10%)
Shams Textile / Jun 23 Shams Textile Mills Limited(STML)	34.67 ▲ 3.15 (9.99%)
First Elite Cap.Mod / Jun 23 First Elite Capital Modaraba(FECM)	36.88 ▲ 3.35 (9.99%)
Jubilee Spinning / Jun 23 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	12.35 ▲ 1.12 (9.97%)
Fazal Cloth / Jun 23 Fazal Cloth Mills Limited(FZCM)	205.54 ▲ 18.54 (9.91%)

Stock	Price
United BankXD / Jun 23 United Bank Limited(UBL)	261.81 ▼ -262.38 (-50.05%)
First Prudential Mod. / Jun 23 First Prudential Modaraba(PMI)	3.49 ▼ -0.61 (-14.88%)
First Fid. Leasing / Jun 23 First Fidelity Leasing Modaraba(FFLM)	2.31 ▼ -0.34 (-12.83%)
Invest Bank / Jun 23 Invest Capital Investment Bank Limited(ICIBL)	7.21 ▼ -0.98 (-11.97%)
Askari Life Assur. / Jun 23 Askari Life Assurance Company Limited(ALAC)	6.99 ▼ -0.95 (-11.96%)
Ghani Chemworld / Jun 23 Ghani Chemworld Limited(GCWL)	7.98 ▼ -1 (-11.14%)
Yousuf Weaving / Jun 23 Yousaf Weaving Mills Limited(YOUW)	4.22 ▼ -0.52 (-10.97%)
F.Credit & Inv / Jun 23 First Credit and Investment Bank Limited(FCIBL)	7.75 ▼ -0.88 (-10.2%)
LSE Financial Serv. / Jun 23 LSE Financial Services Limited(LSEFSL)	32.36 ▼ -3.6 (-10.01%)
Chashma / Jun 23 Chashma Sugar Mills Limited(CHAS)	57.60 ▼ -6.4 (-10%)

Stock	Volume
WorldCall Telecom / Jun 23 Worldcall Telecom Limited(WTL)	53,303,035 ▼ -0.1
Sui South Gas / Jun 23 Sui Southern Gas Company Limited(SSGC)	35,996,379 ▼ -4.2
Pervez Ahmed Consultancy / Jun 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	24,022,793 ▼ -0.12
K-Electric Ltd. / Jun 23 K-Electric Limited(KEL)	23,740,292 ▼ -0.24
Kohinoor Spining / Jun 23 Kohinoor Spinning Mills Limited(KOSM)	22,523,059 ▼ -0.54
Fauji Cement / Jun 23 Fauji Cement Company Limited(FCCL)	16,264,731 ▼ -4.16
Cnergyico PK / Jun 23 Cnergyico PK Limited(CNERGY)	14,226,103 ▼ -0.48
Maple Leaf Cement / Jun 23 Maple Leaf Cement Factory Limited(MLCF)	14,036,410 ▼ -5.02
Dewan Cement / Jun 23 Dewan Cement Limited(DCL)	13,766,080 ▼ -1.36
B.O.Punjab / Jun 23 The Bank of Punjab(BOP)	13,746,025 ▼ -0.36

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