VIENNA: Viscose fibre maker Lenzing will cut up to 250 jobs, mainly at its Lenzing site in Austria, as it cuts costs due to low fibre prices, the company, which has been expanding its savings programme, said on Friday.
Lenzing has said it was planning to cut 600 full-time equivalent jobs globally in 2014 and 2015.
"Lenzing will try to avoid layoffs and strive to reach a mutually acceptable solution with the affected employees as it succeeded in doing (in the past)," it said in a statement.
| Currency | Rate |
|---|---|
|
USD PKR Interbank Selling
/ Jan 2
|
278.75
|
|
USD PKR Interbank Buying
/ Jan 2
|
278.55
|
|
USD to Japanese Yen
/ Jan 2
|
156.70
|
|
USD to Swiss Franc
/ Jan 2
|
0.90
|
|
Pound Sterling to USD
/ Jan 2
|
1.25
|
|
Euro to USD
/ Jan 2
|
1.04
|
| Stock | Volume |
|---|---|
|
S&P 500
/ Jan 1
|
5,881.63
|
|
Tokyo Nikkei
/ Jan 1
|
39,894.54
|
|
Nasdaq
/ Jan 1
|
19,310.79
|
|
Dow Jones
/ Jan 1
|
42,544.22
|
|
India Sensex
/ Jan 2
|
79,764.68
|
|
Hang Seng
/ Jan 2
|
19,586.19
|
|
FTSE 100
/ Jan 2
|
8,177.07
|
|
Germany DAX 30
/ Jan 2
|
19,923.95
|
| Item | Value |
|---|---|
|
Karachi Cotton PKR/37.32 KG
/ Jan 1
|
18,085
|
|
Gold 10 Grams PKR
/ Jan 1
|
241,773.70
|
|
Petrol/Litre
/ Jan 2
|
252.66
|
|
Crude Oil USD/Barrel
/ Jan 2
|
71.98
|
|
Gold Spot USD/Ounce
/ Jan 2
|
2,635.56
|
|
Diesel/Litre
/ Jan 2
|
258.34
|
| Stock | Price |
|---|---|
|
Siddiqsons Tin
/ Jan 2
Siddiqsons Tin Plate Limited(STPL)
|
6.66
▲ 0.80
(13.65%)
|
|
Escorts Bank
/ Jan 2
Escorts Investment Bank Limited(ESBL)
|
6.85
▲ 0.80
(13.22%)
|
|
Tri-Star Power
/ Jan 2
Tri-Star Power Limited(TSPL)
|
5.87
▲ 0.63
(12.02%)
|
|
Ittefaq Iron Ind
/ Jan 2
Ittefaq Iron Industries Limited(ITTEFAQ)
|
9.47
▲ 1.00
(11.81%)
|
|
Blue-Ex Ltd
/ Jan 2
Blue-Ex Limited (GEM)(GEMBLUEX)
|
47.69
▲ 4.34
(10.01%)
|
|
Ali Asghar
/ Jan 2
Ali Asghar Textile Mills Limited(AATM)
|
79.20
▲ 7.20
(10.00%)
|
|
AL-Ghazi Tractors
/ Jan 2
Al-Ghazi Tractors Limited(AGTL)
|
629.66
▲ 57.24
(10.00%)
|
|
Biafo Ind.
/ Jan 2
Biafo Industries Limited(BIFO)
|
217.42
▲ 19.77
(10.00%)
|
|
Exide (PAK)
/ Jan 2
Exide Pakistan Limited(EXIDE)
|
889.49
▲ 80.86
(10.00%)
|
| Stock | Price |
|---|---|
|
First Prudential Mod.
/ Jan 2
First Prudential Modaraba(PMI)
|
2.97
▼ -0.72
(-19.51%)
|
|
Zahid Jee Textile
/ Jan 2
Zahidjee Textile Mills Limited(ZAHID)
|
27.90
▼ -3.10
(-10.00%)
|
|
Frontier Ceram
/ Jan 2
Frontier Ceramics Limited(FRCL)
|
34.76
▼ -3.86
(-9.99%)
|
|
Ellcot Spinning
/ Jan 2
Ellcot Spinning Mills Limited(ELSM)
|
108.10
▼ -11.97
(-9.97%)
|
|
Fateh Sports
/ Jan 2
Fateh Sports Wear Limited(FSWL)
|
78.60
▼ -8.62
(-9.88%)
|
|
National Silk
/ Jan 2
The National Silk & Rayon Mills Limited(NSRM)
|
50
▼ -5.44
(-9.81%)
|
|
Al-Khair Gadoon
/ Jan 2
Al-Khair Gadoon Limited(AKGL)
|
37.41
▼ -4.04
(-9.75%)
|
|
Olympia Mills
/ Jan 2
Olympia Mills Limited(OML)
|
36.36
▼ -3.53
(-8.85%)
|
|
First Capital Equities
/ Jan 2
First Capital Equities Limited(FCEL)
|
5.51
▼ -0.51
(-8.47%)
|
| Stock | Volume |
|---|---|
|
Fauji Foods Ltd
/ Jan 2
Fauji Foods Limited(FFL)
|
88,905,675
▲ 0.88
|
|
Cnergyico PK
/ Jan 2
Cnergyico PK Limited(CNERGY)
|
71,999,946
▼ -0.11
|
|
WorldCall Telecom
/ Jan 2
Worldcall Telecom Limited(WTL)
|
71,859,219
▲ 0.03
|
|
Pak Int.Bulk
/ Jan 2
Pakistan International Bulk Terminal(PIBTL)
|
62,831,962
▼ -0.20
|
|
Telecard Limited
/ Jan 2
Telecard Limited(TELE)
|
60,523,518
▲ 0.72
|
|
B.O.Punjab
/ Jan 2
The Bank of Punjab(BOP)
|
45,412,470
▼ -0.17
|
|
Pace (Pak) Ltd.
/ Jan 2
Pace (Pakistan) Limited(PACE)
|
41,276,943
▲ 0.26
|
|
Pak Elektron
/ Jan 2
Pak Elektron Limited(PAEL)
|
33,978,834
▲ 0.11
|
|
Aisha Steel Mill
/ Jan 2
Aisha Steel Mills Limited(ASL)
|
33,731,868
▼ -0.39
|
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