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 3
|
278.63
|
|
USD PKR Interbank Buying
/ Jan 3
|
27,843
|
|
USD to Japanese Yen
/ Jan 3
|
157.26
|
|
USD to Swiss Franc
/ Jan 3
|
0.91
|
|
Pound Sterling to USD
/ Jan 3
|
1.24
|
|
Euro to USD
/ Jan 3
|
1.03
|
| Stock | Volume |
|---|---|
|
S&P 500
/ Jan 3
|
5,942.47
|
|
India Sensex
/ Jan 3
|
79,223.11
|
|
Tokyo Nikkei
/ Jan 3
|
39,894.54
|
|
Nasdaq
/ Jan 3
|
19,621.68
|
|
Hang Seng
/ Jan 3
|
19,760.27
|
|
FTSE 100
/ Jan 3
|
8,223.98
|
|
Dow Jones
/ Jan 3
|
42,732.13
|
|
Germany DAX 30
/ Jan 3
|
19,906.08
|
| Item | Value |
|---|---|
|
Crude Oil USD/Barrel
/ Jan 3
|
73.96
|
|
Gold 10 Grams PKR
/ Jan 3
|
243,488.40
|
|
Gold Spot USD/Ounce
/ Jan 3
|
2,640.22
|
|
Cotton US¢/pound
/ Jan 3
|
67.66
|
|
Karachi Cotton PKR/37.32 KG
/ Jan 4
|
18,285
|
|
Petrol/Litre
/ Jan 5
|
252.66
|
| Stock | Price |
|---|---|
|
Tri-Star Power
/ Jan 3
Tri-Star Power Limited(TSPL)
|
6.87
▲ 1.00
(17.04%)
|
|
Dewan Textile
/ Jan 3
Dewan Textile Mills Limited(DWTM)
|
7.50
▲ 0.70
(10.29%)
|
|
Pak Gulf Leasing
/ Jan 3
Pak-Gulf Leasing Company Limited(PGLC)
|
28
▲ 2.55
(10.02%)
|
|
Asim Textile
/ Jan 3
Asim Textile Mills Limited(ASTM)
|
14.72
▲ 1.34
(10.01%)
|
|
Bannu Woollen
/ Jan 3
Bannu Woollen Mills Limited(BNWM)
|
39.34
▲ 3.58
(10.01%)
|
|
Ali Asghar
/ Jan 3
Ali Asghar Textile Mills Limited(AATM)
|
87.12
▲ 7.92
(10.00%)
|
|
AL-Ghazi Tractors
/ Jan 3
Al-Ghazi Tractors Limited(AGTL)
|
692.63
▲ 62.97
(10.00%)
|
|
Arpak Int.
/ Jan 3
Arpak International Investments Ltd.(ARPAK)
|
76.89
▲ 6.99
(10.00%)
|
|
Chakwal Spinning
/ Jan 3
Chakwal Spinning Mills Limited(CWSM)
|
79.30
▲ 7.21
(10.00%)
|
| Stock | Price |
|---|---|
|
Khairpur Sug.
/ Jan 3
Khairpur Sugar Mills Limited(KPUS)
|
165.85
▼ -18.43
(-10.00%)
|
|
Pak Paper Prod
/ Jan 3
Pakistan Paper Products Limited(PPP)
|
163.24
▼ -18.14
(-10.00%)
|
|
Jubilee Spinning
/ Jan 3
Jubilee Spinning & Weaving Mills Ltd.(JUBS)
|
10.81
▼ -1.19
(-9.92%)
|
|
National Silk
/ Jan 3
The National Silk & Rayon Mills Limited(NSRM)
|
49.96
▼ -5.48
(-9.88%)
|
|
Al-Khair Gadoon
/ Jan 3
Al-Khair Gadoon Limited(AKGL)
|
37.50
▼ -3.95
(-9.53%)
|
|
Escorts Bank
/ Jan 3
Escorts Investment Bank Limited(ESBL)
|
6.22
▼ -0.63
(-9.20%)
|
|
Intermarket Securities
/ Jan 3
Intermarket Securities Limited(IMS)
|
67.01
▼ -6.76
(-9.16%)
|
|
Premium Textile
/ Jan 3
Premium Textile Mills Limited(PRET)
|
365.10
▼ -34.90
(-8.72%)
|
|
Shahzad Tex.
/ Jan 3
Shahzad Textile Mills Limited(SZTM)
|
27.30
▼ -2.57
(-8.60%)
|
| Stock | Volume |
|---|---|
|
Fauji Foods Ltd
/ Jan 3
Fauji Foods Limited(FFL)
|
89,478,727
▲ 0.26
|
|
WorldCall Telecom
/ Jan 3
Worldcall Telecom Limited(WTL)
|
72,529,816
▼ -0.06
|
|
Telecard Limited
/ Jan 3
Telecard Limited(TELE)
|
61,073,411
▼ -0.38
|
|
Cnergyico PK
/ Jan 3
Cnergyico PK Limited(CNERGY)
|
56,752,893
▲ 0.01
|
|
Fauji Cement
/ Jan 3
Fauji Cement Company Limited(FCCL)
|
54,319,935
▼ -2.12
|
|
Pace (Pak) Ltd.
/ Jan 3
Pace (Pakistan) Limited(PACE)
|
47,336,133
▲ 0.00
|
|
K-Electric Ltd.
/ Jan 3
K-Electric Limited(KEL)
|
47,012,733
▼ -0.21
|
|
B.O.Punjab
/ Jan 3
The Bank of Punjab(BOP)
|
37,387,280
▲ 0.11
|
|
Bank Makramah
/ Jan 3
Bank Makramah Limited(BML)
|
34,237,257
▲ 0.25
|
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