Trends - textile sector - Business Recorder

textile sector

Mehmood Textile Mills Limited

Mehmood Textile Mills Limited (PSX: MEHT) was set up as a public limited company in 1970 under the Companies Act,...

Published 23 Dec, 2021 07:11am

Opinion

Link between competitive energy and export growth

A reliable and supportive energy environment is a critical component of industrial competitiveness, without which ...

Published 23 Dec, 2021 04:23am

BR Research

Textile tantrums: nuance missing

Earlier this week, Pakistan Bureau of Statistics seems to have gone out of its way to quietly revise monthly export...

Published 22 Dec, 2021 07:50am

BR Research

Blessed Textiles Limited

Blessed Textiles Limited (PSX: BTL) is part of the Umer group of companies. It was established as a public limited...

Published 22 Dec, 2021 07:45am

BR Research

Saritow Spinning Mills Limited

Saritow Spinning Mills Limited (PSX: SSML) is part of the Saigol group of companies. The company was set up in 1987...

Published 21 Dec, 2021 07:35am

Discontinuation of gas to hit textile exports in a big way

ISLAMABAD: Textile sector fears $5 billion lower exports consequent to the government decision to discontinue gas...

Updated 18 Dec, 2021 10:01am

BR Research

Tata Textile Mills Limited

Tata Textile Mills Limited (PSX: TATM) was set up under the Companies Ordinance, 1984, in 1987. Subsequently in ...

Published 16 Dec, 2021 07:25am

BR Research

Prosperity Weaving Mills Limited

Prosperity Weaving Mills Limited (PSX: PRWM) was set up in 1991 as a public limited company and is a part of the...

Updated 15 Dec, 2021 08:36am

Opinion

Prerequisites for growth—I

Pakistan falls short of its growth objectives time and again, despite setting well-calculated goals, showing that ...

Updated 15 Dec, 2021 07:02am

BR Research

Allawasaya Textile and Finishing Mills Limited

Allawasaya Textile and Finishing Mills Limited (PSX: AWTX) was set up as a private limited company in 1958....

Published 14 Dec, 2021 07:56am

Pakistan

Effective steps taken to help improve performance of textile sector: Farrukh

FAISALABAD: Federal Minister of State for Information and Broadcasting Mian Farrukh Habib has said that concrete and...

Published 06 Dec, 2021 06:19am

Markets

7.2mn bales of cotton reach ginneries, up 54% YoY: PCGA

Cotton arrival in Pakistan increased 54% year-on-year, showed the latest fortnightly data released by the Pakistan...

Published 03 Dec, 2021 01:32pm

BR Research

Shadman Cotton Mills Limited

Shadman Cotton Mills Limited (PSX: SHCM) was established in 1979 as a public limited company under the Companies ...

Published 01 Dec, 2021 07:49am

Opinion

Growth in LSM

The PBS (Pakistan Bureau of Statistics) has released the estimate of the growth in the Quantum Index of ...

Published 23 Nov, 2021 03:54am

Business & Finance

Winter season: Textile sector lauds govt’s approach to gas supply to export-oriented sector

KARACHI: The value-added textile export sector profoundly appreciates the government thoughtfulness to ensure...

Published 21 Nov, 2021 04:19am

Textile sector accounts for 3.4pc of GDP: ADB

ISLAMABAD: Textile sector accounts for 3.4 percent of the Gross Domestic Product (GDP) compared to 7.5 percent for...

Published 17 Nov, 2021 04:22am

MoC to submit new textile and apparel policy to ECC

ISLAMABAD: The country's new five-year Textile and Apparel Policy is ready to land in Economic Coordination ...

Updated 06 Nov, 2021 11:14am

BR Research

Profiling fabric exports

Earlier this week, BR Research identified that denim fabric export fell by more than two-thirds in FY21, without a...

Published 29 Oct, 2021 07:35am

Opinion

Critical importance of competitive energy rates across textile value chain

The textile sector of Pakistan has immense significance for the economy, as evidenced by its contribution to the...

Published 27 Oct, 2021 04:50am

Markets

Value-added textile sector demands ban on yarn export

FAISALABAD: Value added textile sector has demanded immediate ban on cotton yarn export and total elimination of...

Published 22 Oct, 2021 04:13am

BR Research

Value-added textile: rational exuberance?

Ever since the current administration placed all its proverbial ‘export’ eggs in the textile basket, the market...

Published 14 Oct, 2021 07:20am

BR Research

Textile: twin benefits?

Global Cotton A index has reached its highest level in 118 months, with ICE futures already flirting with $2.5 per...

Published 08 Oct, 2021 07:30am

BR Research

NML: all kinds of growth and expansions

Whether it is the dividend on a portfolio or the export return, Nishat Mills Limited’s (PSX: NML) growth prospects...

Published 22 Sep, 2021 07:35am

Opinion

Balancing foreign loans with sustained growth

In order to achieve debt sustainability, improve living standards and absorb the growing labour force, Pakistan’s...

Published 15 Sep, 2021 04:19am

Markets

PHMA seeks duty-free import of cotton, yarn from India, Uzbekistan, Turkey

KARACHI: The garments and home textile sectors urged the federal government to allow a duty-free import of cotton ...

Published 28 Aug, 2021 03:54am

Business & Finance

Provision of competitive energy rates: 100 more textile mills to be set up in Punjab: APTMA

LAHORE: After the provision of competitive energy rates by the PTI government, the textile sector is ready to...

Published 27 Aug, 2021 04:52am

Govt determined to increase agri output: SAPM

FAISALABAD: Special Assistant to Prime Minister (SAPM) on Food Security and Agriculture Jamshed Iqbal Cheema has ...

Updated 22 Aug, 2021 12:34pm

Pakistan

Rise in sea freight increases shipment delivery span

KARACHI: A steep rise in sea freight, besides shortage of cargo vessels and containers, has increased shipment...

Updated 18 Aug, 2021 11:59am

Markets

Weekly Cotton Review: Bullish trend continues after fluctuations in rate of cotton

KARACHI: After unusual fluctuations in the rate of cotton, bullish trend continued in the market. There is turmoil ...

Published 16 Aug, 2021 05:59am

FY21: LSMI output jumps 14.85pc YoY

ISLAMABAD: The overall output of Large Scale Manufacturing Industries (LSMI) increased by 14.85 percent for fiscal...

Updated 14 Aug, 2021 11:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.75
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
India Sensex / Apr 23	73738.45
Tokyo Nikkei / Apr 23	37552.16
Nasdaq / Apr 23	15696.64
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8044.81
Dow Jones / Apr 23	38503.69
Germany DAX 30 / Apr 23	18137.65

Item	Value
Crude Oil USD/Barrel / Apr 23	83.54
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Gold Spot USD/Ounce / Apr 23	2323.25
Cotton US¢/pound / Apr 23	81.72
Petrol/Litre / Apr 24	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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