Trends - textile - Business Recorder

textile

July LSMI output contracts 1.09pc YoY

ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output registered negative 3.62 percent growth in July...

Updated 19 Sep, 2023 09:11am

Business & Finance

Jul-Aug textile group exports down 9.49pc to $2.766bn YoY

ISLAMABAD: The country’s textile group exports declined by around 9.49 percent during the first two months...

Updated 16 Sep, 2023 08:51am

Business & Finance

Export growth: towel makers come up with proposals

KARACHI: Senior Vice Chairman of the Towel Manufacturers Association of Pakistan (TMA) Syed Usman Ali has submitted...

Updated 14 Sep, 2023 09:41am

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

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

Business & Finance

Pakistan’s economic woes leave textile industry in tatters

LAHORE: Factory worker Lubna Babar was made redundant at the beginning of the year, a victim of a crisis in the...

Published 07 Aug, 2023 06:34am

Business & Finance

50-member ASEAN business delegation due tomorrow

KARACHI: The Trade Development Authority of Pakistan (TDAP) announced the upcoming visit of a 50-member ASEAN...

Published 05 Aug, 2023 06:00am

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

Business & Finance

Sapphire Textile teams up with Sourcery

KARACHI: Sapphire Textile Mills and Sourcery join forces to revolutionize global textile trade with sustainable and...

Published 27 Jul, 2023 06:26am

Business & Finance

M&S Group mulling enhancing imports of textile products from Pakistan

LAHORE: International fashion retailer Marks & Spencer Group is looking for enhancing imports of textile ...

Published 26 Jul, 2023 06:17am

Business & Finance

Value-added textile industry assails ‘frequent increases’ in power tariffs

LAHORE: The value-added textile industry has rejected the frequent increase in prices of electricity and gas, saying...

Published 25 Jul, 2023 06:20am

Business & Finance

Decline in exports: PTEA seeks govt’s intervention

FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has sought government’s intervention as textile...

Published 22 Jul, 2023 06:06am

BR Research

Textile export performance: not all gloom

If full-pager ads by textile trade associations in leading newspapers are any guide, Pakistan’s export lifeline is...

Published 21 Jul, 2023 08:37am

Opinion

Setting the record straight

In FY23, textile exports plunged by $2.8 billion (15% decline) compared to FY22, derailing positive developments...

Updated 13 Jul, 2023 05:25am

Business & Finance

Textile council decries discontinuation of SBP’s TERF facility

KARACHI: In view of the recent news about the SBP’s now discontinued Temporary Economic Refinance Facility, TERF,...

Published 08 Jul, 2023 06:20am

Markets

APTMA urges Primark to open office in Pakistan

LAHORE: The All Pakistan Textile Mills Association (APTMA) has invited Primark, an international fashion retailer,...

Updated 07 Jul, 2023 11:21am

Business & Finance

Pakistani textile makers participate in Paris fair

KARACHI: Some 30 fabric, garments and leather manufacturers of Pakistan participated at Texworld and Apparel ...

Published 06 Jul, 2023 05:42am

Opinion

Zardari’s pragmatism

Pakistan People’s Party Vice-Chairman Asif Ali Zardari is widely described as an astute politician. Yes, he is. He...

Published 25 Jun, 2023 02:57am

Opinion

NCC — Get the ball rolling

Textile is the mainstay of Pakistan exports, about 60% of the total in 2021-22. Pakistan’s share in global textile...

Published 20 Jun, 2023 03:16am

Opinion

Rent-seeking through revolving doors

Kudos to Majyd Aziz for his highly informed perspective in the shape of an article ‘‘Is textile sector ‘rent...

Published 16 Jun, 2023 06:27am

Opinion

Is textile sector ‘rent seeker’?

The textile exporters of Pakistan are fond of championing that textile is the backbone of the economy and that it is...

Updated 15 Jun, 2023 06:28am

Business & Finance

Export industry: PHMA advocates a level playing field

LAHORE: The Pakistan Hosiery Manufacturers and Exporters Association (PHMA) on Wednesday called for promoting...

Published 15 Jun, 2023 06:03am

Pakistan

EFS scam: PCA takes action against textile firm

KARACHI: Pakistan Customs Authority (PCA) South has taken decisive action against a Karachi-based textile company...

Published 14 Jun, 2023 06:21am

Finance Bill 2023: Rate of GST on e-integrated textile retailers up 3pc

ISLAMABAD: The government has enhanced the rate of sales tax on electronically-integrated textile retailers from the...

Updated 10 Jun, 2023 08:49am

Opinion

Beyond the needle and thread: Women’s empowerment through textile exports

Women hold up half the sky, but whether they are compensated for this effort in Pakistan remains questionable. As of...

Updated 07 Jun, 2023 06:42am

Business & Finance

Textile exporters term RRMC’s report ‘anti-export’ drive

KARACHI: The value-added textile exporters have rejected the Reforms & Revenue Mobilization Commission’s...

Published 01 Jun, 2023 03:34am

Business & Finance

Texpo Pakistan starts today

KARACHI: Texpo Pakistan will take place in Karachi Expo Centre from 26-28 May, 2023. Texpo is Pakistan's largest...

Published 26 May, 2023 06:48am

Business & Finance

Realisation of export proceeds: Pak Apparel Forum demands govt restore 180-day limit

KARACHI: Pakistan Apparel Forum (PAF) on Wednesday demanded restoration of the Stats Bank’s previous procedure for...

Published 25 May, 2023 06:26am

Business & Finance

Sindh, Balochistan: Textile units hit by massive gas shortages

KARACHI: Textile sector is facing a severe crisis of gas supply and massive textile mills in Sindh and Balochistan...

Published 24 May, 2023 05:57am

Pakistan

Various sectors: WB explains how adoption of 4IR can help create more jobs

ISLAMABAD: The adoption of the Fourth Industrial Revolution (4IR) could create 11 percent more jobs, over and beyond...

Published 16 May, 2023 03:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	278.20
USD PKR Interbank Buying / May 9	278
USD to Japanese Yen / May 9	155.52
USD to Swiss Franc / May 9	0.91
Pound Sterling to USD / May 9	1.25
Euro to USD / May 9	1.08

Stock	Volume
S&P 500 / May 9	5214.08
India Sensex / May 9	72404.17
Tokyo Nikkei / May 9	38486.69
Nasdaq / May 9	16346.27
Hang Seng / May 9	18537.81
FTSE 100 / May 9	8381.35
Dow Jones / May 9	39387.76
Germany DAX 30 / May 9	18686.60

Item	Value
Crude Oil USD/Barrel / May 9	79.64
Karachi Cotton PKR/37.32 KG / May 9	19935
Gold 10 Grams PKR / May 9	205075
Gold Spot USD/Ounce / May 9	2347.74
Cotton US¢/pound / May 9	78.60
Petrol/Litre / May 10	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 10 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 10 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 10 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 10 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 10 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 10 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 10 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 10 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 10 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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