Trends - plant shutdown - Business Recorder

plant shutdown

Indus Motor, Ghandhara Tyre temporarily halt production

Amid challenges in the country’s auto sector, including material shortage and operational adjustments, two prominent...

Updated 26 Nov, 2024 08:45pm

Business & Finance

Thatta Cement rejects ‘abrupt shutdown’ claims, says plant remains fully operational

Thatta Cement Company Limited (THCCL) categorically rejected claims made by a competitor alleging an abrupt shutdown...

Updated 21 Nov, 2024 05:22pm

Business & Finance

Trouble in textile: Janana De Malucho shuts operations amid rising costs, cotton shortage

In yet another concerning development for Pakistan’s vital textile sector, Janana De Malucho Textile Mills Limited...

Updated 31 Oct, 2024 07:22pm

Business & Finance

Indus Motor temporarily halts production citing material shortage

Indus Motor Company (INDU) has announced the shutdown of its plant for five days citing low inventory and a shortage...

Updated 25 Sep, 2024 07:05pm

Business & Finance

Windar tin plant: Closure termed a setback for Balochistan industry

KARACHI: The recent closure of the Sidique Sons Tin Plant in Windar marks an unfortunate chapter in Balochistan’s...

Updated 16 Sep, 2024 07:29am

Business & Finance

Millat Tractors warns of shutdown amid GST dispute and plummeting sales

Millat Tractors Limited (MTL), Pakistan’s largest tractor manufacturer, has signaled that it may have to shut down...

Updated 12 Aug, 2024 10:15pm

Markets

Indus Motor again temporarily shuts production citing low inventory

Indus Motor Company Limited (IMC), the assembler/manufacturer of Toyota-brand vehicles in Pakistan, again said it...

Published 05 Aug, 2024 03:32pm

Markets

Indus Motor temporarily halts production citing inventory shortage

Company to close its plant from March 6 to March 11

Updated 06 Mar, 2024 03:07pm

Markets

‘Essential maintenance’: Attock Refinery announces month-long shutdown of some units

Attock Refinery Limited (ATRL), a subsidiary of Attock Oil Company Limited, announced a month-long closure of some...

Updated 26 Jan, 2024 08:37pm

Markets

Attock Refinery resumes ‘normal operations’ as stock upliftment improves

Attock Refinery Limited (ATRL), a subsidiary of Attock Oil Company Limited, said it has resumed “normal operations”...

Updated 21 Dec, 2023 06:14pm

Business & Finance

Honda Atlas Cars extends plant shutdown

Honda Atlas Cars (Pakistan) Limited, a subsidiary of Honda Motor Co., Ltd., Japan, on Tuesday announced a temporary...

Updated 07 Nov, 2023 07:00pm

Business & Finance

Sitara Peroxide extends shutdown for 30 days

Chemical manufacturer Sitara Peroxide Limited (SPL) announced on Tuesday it is extending its plant suspension by...

Published 07 Nov, 2023 02:33pm

Business & Finance

Automakers in Pakistan announce temporary shutdowns as economic woes bite

Pak Suzuki Motor Company announces another shutdown of automobile plants
Agriauto Industries says it will observe a partial shutdown

Updated 01 Nov, 2023 04:35pm

Business & Finance

Lotte Chemical extends plant shutdown as lower demand persists

Citing lower demand, Lotte Chemical Pakistan Limited (LOTCHEM) announced it will extend the shutdown of its plant...

Updated 30 Oct, 2023 10:18pm

Business & Finance

Honda Atlas shuts production amid supply chain disruptions

Honda Atlas Cars Pakistan, a subsidiary of Honda Motor Co., Ltd., Japan, on Wednesday announced a temporary shutdown...

Updated 18 Oct, 2023 07:26pm

Business & Finance

PSMC announces shutdown of automobile plant

Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant. In its...

Updated 18 Oct, 2023 05:50pm

Markets

Elahi Cotton Mills Limited shuts operations temporarily amid demand woes

Elahi Cotton Mills Limited has announced that it will temporarily shut down production for ten days, citing low...

Updated 16 Oct, 2023 10:38pm

Business & Finance

More companies announce temporary shutdowns as economic woes continue

Despite the government’s decision to ease restrictions on the approval of Letters of Credit (LCs), Pakistan’s...

Updated 02 Oct, 2023 04:02pm

Business & Finance

Pak Suzuki extends shutdown of motorcycle plant

Pak Suzuki Motor Company (PSMC) announced on Thursday that it will extend the shutdown of its motorcycle plant till...

Published 14 Sep, 2023 10:53am

Business & Finance

Sitara Peroxide extends shutdown for 30 days

Sitara Peroxide Limited (SPL), Pakistan’s chemical manufacturer, announced on Friday that it is extending its plant...

Updated 08 Sep, 2023 06:54pm

Business & Finance

Pak Suzuki, Agriauto announce shutdown as economic woes bite

Feeling the pinch of economic conditions, Pak Suzuki Motor Company (PSMC) and parts-maker Agriauto Industries...

Updated 01 Sep, 2023 08:08pm

Business & Finance

Indus Motor Company again announces 12-day plant shutdown

Indus Motor Company, the assembler of Toyota automobiles in Pakistan, has decided to shut production from August 25,...

Published 24 Aug, 2023 04:02pm

Markets

Baluchistan Wheels shuts production till September amid drop in sales

Baluchistan Wheels Limited (BWHL), a manufacturer of steel wheels for automobiles, has said it will shut production...

Published 17 Aug, 2023 04:39pm

Business & Finance

Sitara Peroxide shuts plant for another three weeks

Sitara Peroxide Limited (SPL), Pakistan’s chemical manufacturer, has announced that it is extending its plant...

Updated 16 Aug, 2023 07:42pm

Business & Finance

Pak Suzuki halts motorcycle production till Aug 15

Pak Suzuki Motor Company Limited (PSMC), the assembler of Suzuki automobiles in the country, has announced a 16-day...

Updated 31 Jul, 2023 06:46pm

Markets

Sitara Peroxide extends plant shutdown for another two weeks

Sitara Peroxide Limited (SPL), Pakistan’s chemical manufacturer, has announced that it is extending its plant...

Published 24 Jul, 2023 04:28pm

Business & Finance

Indus Motor announces another plant shutdown

Indus Motor Company (IMC), the assembler of Toyota vehicles in Pakistan, has once again announced that it will shut...

Published 20 Jul, 2023 09:42pm

Business & Finance

Agriauto announces partial plant shutdown in July

Agriauto Industries Limited, a manufacturer of auto components, announced it will partially shut down its plant...

Published 03 Jul, 2023 12:33pm

Markets

Bannu Woollen Mills shuts production for two weeks

Bannu Woollen Mills Limited (BNWM) on Tuesday announced plans to temporarily shut production amid raw material...

Published 27 Jun, 2023 03:55pm

Business & Finance

Pakistan’s Toyota assembler shuts production plant yet again

This is Indus Motor’s fifth announcement of production closure this year

Published 23 Jun, 2023 05:18pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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