Trends - textile - Business Recorder

textile

Growth in textile, other sectors: APTMA urged to focus on talks with US businesses

LAHORE: Dilawar Syed, US Special Representative for Commercial & Business Affairs, said Monday that Pakistan has...

Published 05 Jul, 2022 05:19am

BR Research

Cotton forecast: this again?

Pakistan’s cotton imports are on the rise again.After importing just 3.1 million bales (of 170kg) during first ...

Published 27 Jun, 2022 09:35am

Pakistan

Watch: Finance Minister Miftah Ismail's entire address in National Assembly

Clarifies super tax of 4% will be applicable to all sectors.
For specified 13 sectors, another 6% will be added for a total of 10%
Their tax rates will go from 29% to 39%
This is a one-time tax aimed at curtailing previous four record budget deficits, says Miftah

Published 24 Jun, 2022 02:45pm

Pakistan

Watch: PM Shehbaz Sharif's entire address on 10% super tax on large industries

We intend to tax high income earners so that the entire nation can reap the benefit through education, health, infrastructure, skills education and IT uplift, he says
Tax will be applicable on cement, steel, sugar, oil and gas, fertiliser, LNG, textile, banks, automobile, beverages, chemicals, tobacco and airlines
Collection from this tax will be used to alleviate poverty in Pakistan

Updated 24 Jun, 2022 02:53pm

Pakistan

PM Shehbaz slaps 10% 'super tax' on large-scale industries

One-time levy to be imposed on cement, steel, sugar, oil and gas, fertiliser, LNG , textile, banking, and automobile sectors among others for FY23

Updated 24 Jun, 2022 05:53pm

Opinion

What’s right?

Perhaps a lot. Certainly more Right than what’s wrong. Pakistan came into existence about 75 years back, which in...

Published 15 Jun, 2022 05:47am

BR Research

The wholesale price bomb ticks away

Wholesale Price Index at 30 percent for May 2022 was at least a 12-year high. And it is coming off a relatively high...

Published 10 Jun, 2022 08:38am

Pakistan

Economic Survey 2021-22: textile sector's growth slows to 3.2%

The textile sector, which has the highest weight in the Large Scale Manufacturing, grew by 3.2% during July-March in...

Published 09 Jun, 2022 09:39pm

BR Research

TERF: hindsight is 20-20, but so are warnings

With monetary cycle undergoing a V-shaped reversal over the last 6 months, it appeared as if the great concessionary...

Published 09 Jun, 2022 09:45am

Business & Finance

Turkish CG for tapping huge potential for bilateral trade

KARACHI: Consul General of Turkey Cemal Sangu has said huge potential exists to increase trade between Pakistan and...

Published 31 May, 2022 05:11am

Pakistan

Speakers for promoting sustainable, eco-friendly textile practices

FAISALABAD: Speakers at a seminar called for promoting sustainable and eco-friendly textile practices by encouraging...

Published 27 May, 2022 05:50am

BR Research

Interview with Navid Goraya — Chief Investment Officer (CIO), Karandaaz Pakistan

‘Green investments are not only positive for climate, but also for commercial returns’ Navid Goraya brings with...

Published 23 May, 2022 07:11am

Pakistan

Concessional power tariff: Any ‘imprudent’ decision will be disastrous for economy: PHMA

KARACHI: Central Chairman of the Pakistan Hosiery Manufacturers & Exporters Association (PHMA), Shahzad Azam...

Published 20 May, 2022 05:15am

Markets

India traders should fulfill local cotton, yarn demand before exports: minister

MUMBA: Indian traders and spinning mills should first meet demand from the local textile industry and only then...

Published 19 May, 2022 05:29am

Fate of subsidy to 5 export-oriented sectors hangs in the balance

ISLAMABAD: Power Division has reportedly decided to discontinue subsidy to five export-oriented sectors beyond May...

Updated 17 May, 2022 09:57am

Jul-Apr exports grow 25.55pc to $26.25bn YoY

Country’s trade deficit widens by 64.90 percent from $23.826 billion in July-April 2020-21 to $39.290 billion in July-April 2021-22

Updated 15 May, 2022 12:14pm

Business & Finance

Engineering-, electronics-related industries: Experts underline need for expanding industrial base

ISLAMABAD: Economists at a seminar have underlined the need for expanding Pakistan’s industrial base from textile,...

Published 16 Apr, 2022 04:10am

Business & Finance

Jul-Feb LSMI output up 7.8pc YoY

ISLAMABAD: The overall output of Large Scale Manufacturing Industries (LSMI) increased by 7.8 percent for...

Updated 16 Apr, 2022 03:08pm

BR Research

Aruj Industries Limited

Aruj Industries Limited (PSX: ARUJ) was set up in 1992. It manufactures Fusible Interlining and...

Updated 31 Mar, 2022 09:43am

BR Research

Ahmad Hassan Textile Mills Limited

Ahmad Hassan Textile Mills Limited (PSX: AHTM) was established as a public limited company in 1989 under the...

Updated 24 Mar, 2022 09:32am

BR Research

Artistic Denim Mills Limited

Artistic Denim Mills Limited (PSX: ADMM) was established in 1992 under the repealed Companies Ordinance, 1984. It...

Published 22 Mar, 2022 07:57am

Life & Style

March welcomes the season of lawn

Lawn makers will be pandering to early Eid shoppers this year

Updated 15 Mar, 2022 06:23pm

Markets

Textile, apparel policy to ensure sustainable growth: Razak Dawood

Govt to maintain tariff rationalisation, says advisor for commerce and investment

Updated 16 Feb, 2022 04:08pm

Textile, Apparel Policy: MoC prepares revised draft

ISLAMABAD: Ministry of Commerce has prepared a revised draft of Textile and Apparel Policy 2020-25 that would be...

Updated 08 Feb, 2022 09:56am

BR Research

Textile exports: which way now?

Textile exports in Pakistan are on the rise – 26 percent increase to $9.4 billion in the 1HFY22. The growth in...

Published 04 Feb, 2022 08:12am

BR Research

Sizing ethanol export players

FY21 was a good year for Pakistan’s exports, especially for the leading exporting segment, textile. But how did ...

Published 04 Feb, 2022 08:09am

BR Research

Interview with Abdul Razak Dawood, Adviser for Commerce and Investment to Prime Minister

‘Export growth and tariff rationalisation are key objectives this year’ In his latest interview with BR...

Updated 31 Jan, 2022 11:24am

Pakistan

Textile, other industries: ATP chief wants smooth supply of gas, electricity

PESHAWAR: Chairman of Amun Taraqqi Party (ATP), Muhammad Faiq Shah has urged the government for pragmatic steps to...

Published 31 Jan, 2022 07:10am

BR Research

LTFF/TERF: what’s changed?

With the conclusion of CY21, the sun has also set on the era of cheap credit bonanza. Monetary cycle is witnessing...

Published 28 Jan, 2022 07:17am

BR Research

Welcoming LSM rebasing

Pakistan Bureau of Statistics (PBS) finally came up with rebasing of Quantum Index of Large-Scale Manufacturing...

Published 21 Jan, 2022 06:54am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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