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textile sector

Strategy for sustainable growth: Energy-efficient textile industry

Since 2000, there has been a significant outburst in the global energy consumption, paralleled by Pakistan’s rising...

Published 13 May, 2024 06:08am

Markets

Weekly Review: Cotton production surges 71pc to 8.4m bales

KARACHI: Cotton production has surged by 71%, reaching a total of 8.4 million bales; however, ginners have left with...

Published 08 Apr, 2024 04:46am

Markets

Month-on-month: cotton arrival in Pakistan stagnates in March

However, on yearly basis, cotton arrival surges 71%

Updated 04 Apr, 2024 03:41pm

BR Research

Rising textile NPLs: who is on the hook?

Not all commercial banks are created equals. And some are certainly better capitalized than others. As the economy...

Published 04 Apr, 2024 06:10am

PM seeks plan to boost exports

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the MoC to prepare an action plan to double domestic exports...

Updated 03 Apr, 2024 08:51am

Markets

Pakistan’s textile exports up 3% YoY in March, clock in at $1.3bn

In 9MFY24, overall textile exports down marginal 0.3%, stand at $12.44bn

Updated 02 Apr, 2024 11:49pm

BR Research

An interview with Musadaq Zulqarnain, chairman Interloop Limited

‘Pakistan set to lose export market share to India unless we get our act together’ Musadaq Zulqarnain is among the...

Updated 25 Mar, 2024 03:27pm

BR Research

Shahtaj Textile Limited

Shahtaj Textile Limited (PSX: STJT) was incorporated in Pakistan as a public limited company in 1990. The company is...

Published 22 Mar, 2024 08:45am

Markets

Gul Ahmed says will install a 17.1MW rooftop solar plant

Gul Ahmed Textile Mills Limited (GATM), one of the country’s largest textile mills, announced that it will install a...

Updated 21 Mar, 2024 09:56pm

BR Research

LSM: Still in red, just

The Large-Scale Manufacturing (LSM) Index, on a cumulative basis, stayed negative for the 19th straight month, as...

Published 18 Mar, 2024 08:17am

Opinion

The real economic performance of interim govt

As the new government takes the reins, we are well placed to examine the efforts and output of the interim ...

Published 16 Mar, 2024 06:26am

Business & Finance

Jul-Feb textile group exports down 0.65pc to $11.145bn YoY

ISLAMABAD: The country’s textile group exports declined by around 0.65percent during the first eight months...

Published 16 Mar, 2024 06:26am

Markets

Nishat Mills’ profit falls 30% in 1HFY24 as rising costs bite

Nishat Mills Limited (NML), the flagship company of Nishat Group, saw its profit-after-tax plunge by 30%, clocking...

Published 28 Feb, 2024 01:43pm

Opinion

Pakistan’s textile industry embraces ESG practices: Sustainability that lasts

Introduction In a transformative shift, Pakistan’s textile industry is setting new standards for sustainability as...

Updated 26 Feb, 2024 12:30pm

July-January FY24: Trade deficit shrinks 32.7pc to $13.16bn YoY

Pakistan Bureau of Statistics says exports increased by 7.87 percent to $17.778 billion

Updated 21 Feb, 2024 01:04pm

FBR collects Rs5.15trn from July to mid-Feb: MoF

ISLAMABAD: The major contributors to income tax collection during July-January (2023-24) were banks, petroleum...

Updated 21 Feb, 2024 09:30am

Markets

Textile giant Interloop’s profit surges 115% to Rs10bn in 1HFY24

Interloop Limited (ILP), one of Pakistan’s largest textile exporters, saw its profit jump by 115% to Rs9.86 billion...

Updated 20 Feb, 2024 06:20pm

Markets

Cotton arrival in Pakistan improves slightly: PCGA

Cotton arrival in Pakistan registered a slight increase of 0.3% on February 15 compared to January 31, as per the...

Published 19 Feb, 2024 01:31pm

Markets

Gas price hike ‘decisive’ blow to textile sector: KPTMA

PESHAWAR; The Khyber Pakhtunkhwa Textile Mills Association (KPTMA) has said that the recent decision by the...

Published 19 Feb, 2024 05:24am

Markets

Captive power plants: MCCI warns of hike in gas prices

LAHORE: In a recent meeting with print and electronic media representatives, Mian Rashid Iqbal, President of the...

Published 17 Feb, 2024 05:51am

Textile exporters blame govt for ‘economic disaster’

KARACHI: The interim rule has again drawn severe criticism for “intruding” into the economic matters that left the...

Updated 15 Feb, 2024 08:42am

BR Research

Record rice leads exports

December 2023 goods’ exports surged to $2.8 billion – breaking the string of low export earnings – recording the...

Published 25 Jan, 2024 08:57am

Markets

Cotton, textile sector: US diplomat, APTMA discuss collaboration

LAHORE: In a recent meeting, Kristin K Hawkins, the United States Consul General in Lahore, engaged in discussions...

Published 25 Jan, 2024 04:23am

Opinion

Challenges facing the textile sector

Amidst the global economic slowdown triggered by the war in Ukraine and the increase in energy expenses, Pakistan’s...

Updated 30 Dec, 2023 06:48am

Opinion

Fall in industrial production

The statistics on the Quantum Index of Manufacturing (QIM) has been released by the Pakistan Bureau of Statistics...

Published 26 Dec, 2023 04:30am

Business & Finance

SHC suspends gas tariff hike notification for textile industry

KARACHI: Sindh High Court (SHC) on Thursday suspended the gas tariff hike notification for the textile industry. The...

Updated 22 Dec, 2023 09:48am

Markets

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	157.24
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.08

Stock	Volume
S&P 500 / May 28	5306.04
India Sensex / May 28	75170.45
Tokyo Nikkei / May 28	38790.40
Nasdaq / May 28	17019.88
Hang Seng / May 28	18612.70
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	80.12
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2358.18
Cotton US¢/pound / May 28	78.80
Petrol/Litre / May 29	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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