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PTEA

PTEA assails govt for disconnecting gas supply to CPPs

ISLAMABAD: Pakistan Textile Exporters Association (PTEA) has condemned the government’s decision to discontinue ...

Published 26 Oct, 2024 05:55am

Business & Finance

PTEA urges govt to restore business community’s confidence

FAISALABAD: The Textile export industry has urged to defer the requirement of an affidavit from the CFO by the FBR,...

Published 17 Oct, 2024 06:34am

Business & Finance

‘Govt should devise strategy to accelerate industrial pace’

FAISALABAD: “The rising cost of doing business over the last several years has stalled fresh investment in the...

Published 30 Sep, 2024 07:06am

Business & Finance

Sohail Pasha elected PTEA chairman unopposed

FAISALABAD: Pakistan Textile Exporters Association (PTEA) has elected unopposed Sohail Pasha as the Chairman of ...

Published 11 Sep, 2024 06:31am

Business & Finance

Stability on cotton market as business activity picks up

KARACHI: The cotton market remained stable, with a notable increase in business activity. Favourable rainfall has...

Updated 22 Jul, 2024 08:27am

Business & Finance

PTEA urges govt to revisit agreements with IPPs

FAISALABAD: High-priced energy is adversely impacting the textile industry, a key driver of the country’s exports...

Published 21 Jul, 2024 03:29am

Export-oriented sectors: MoC advocates concessional power tariff

Says key industrial export sectors of Pakistan struggling to recover and gain lost share in global markets

Updated 03 Jun, 2024 09:35am

Business & Finance

PTEA says concerned at growing economic uncertainty

FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has expressed deep concern over the current economic...

Published 02 Apr, 2024 04:37am

Business & Finance

Economic growth: New govt should take structural policy initiatives: PTEA patron

FAISALABAD: Pakistan Textile Exporters Association (PTEA) has welcomed the new cabinet and expressed the hope that...

Published 13 Mar, 2024 06:32am

Business & Finance

PTEA identifies key factors hindering country’s progress

FAISALABAD: The Pakistan Textile Exporters Association (PTEA) urged immediate structural policy initiatives to ...

Published 16 Feb, 2024 06:02am

Markets

PTEA seeks govt’s intervention for restoration of competitive energy tariff

FAISALABAD: High priced energy is adversely impacting the textile industry, the key driver of the country’s ...

Published 24 Jan, 2024 05:07am

Business & Finance

Issues facing textile export industry: PTEA seeks govt’s immediate intervention

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

Published 23 Dec, 2023 06:16am

Business & Finance

PTEA says concerned at state of economy

FAISALABAD: Textile export industry is highly concerned over continuous downfall in exports. Inconsistent policies,...

Published 28 Nov, 2023 04:56am

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

Pakistan

Industrial workers: ‘Automated online system for approval of Social Security grants is being launched’

FAISALABAD: The Secretary Labour & Human Resource Department Punjab Faisal Farid has said that an automated...

Published 07 Jul, 2023 05:24am

Business & Finance

PTEA holds orientation session on PSW

FAISALABAD: The Pakistan Textile Exporters Association (PTEA) organized an orientation session on Pakistan Single...

Published 09 Jun, 2023 06:20am

Business & Finance

PTEA organises awareness session on ‘Export Facilitation Scheme’

FAISALABAD: The Collector Customs Faisalabad Muhammad Saeed Wattoo has said that the Export Facilitation Scheme ...

Published 07 Jun, 2023 06:05am

Business & Finance

Export-oriented sectors: PTEA resents withdrawal of concessional gas tariff

FAISALABAD: Pakistan Textile Exporters Association (PTEA) has flayed the decision of withdrawal of concessional...

Published 05 May, 2023 06:44am

Markets

Gas/RLNG supply to five export-oriented sectors: PTEA rejects withdrawal of concessionary tariff

FAISALABAD: Abrupt policy reversals are wreaking havoc to the economy. Withdrawal of Regionally Competitive Energy...

Published 02 May, 2023 05:59am

Arrangements aimed at restoring ‘FASTER’ finalised

ISLAMABAD: The Federal Board of Revenue (FBR), Monday night, finalised all arrangements with the help of the ...

Updated 07 Mar, 2023 08:51am

Business & Finance

PTEA appeals for govt measures to rescue ailing Punjab units

FAISALABAD: Extreme cash flow problems and high production costs have greatly damaged the prospects for growth in...

Published 23 Feb, 2023 07:30am

Business & Finance

PTEA’s patron urges zero-rating for export-oriented sectors

FAISALABAD: With the withdrawal of Zero-Rating (SRO 1125) and the implementation of a 17 percent General Sales Tax...

Published 23 Nov, 2022 05:55am

Pakistan

Pakistan must ratify 5 conventions for continuity of GSP-Plus status: EU envoy

FAISALABAD: The European Union’s ambassador to Pakistan, Dr Riina Kionka, has said that EU-Pakistan relations have...

Published 28 Oct, 2022 07:26am

Business & Finance

Diplomat visits offices of PTEA: Textile exporters can capture Belarusian market: envoy

FAISALABAD: The deputy head of Belarusian mission in Pakistan, Ilya Kanapliou, has said that Pakistan and Belarus ...

Published 26 Oct, 2022 05:52am

Business & Finance

Delay in sales tax refunds adversely affecting export cycle, says PTEA

FAISALABAD: Undue delay in payment of exporters’ sales tax refunds against approved Refund Payment Orders (RPOs) ...

Published 21 Oct, 2022 05:57am

Business & Finance

‘TEXPO Pakistan’ to promote textile exports

FAISALABAD: TEXPO Pakistan has become an iconic event for the country which will not only help promote textile...

Published 15 Oct, 2022 05:38am

Business & Finance

Dar, PTEA members to discuss energy rates

FAISALABAD: Patron-in-Chief of Pakistan Textile Exporters Association (PTEA) Khurram Mukhtar has said in a statement...

Published 04 Oct, 2022 05:55am

Pakistan

PTEA donates Rs5m to PM’s flood relief fund

FAISALABAD: The Minister of State for Petroleum Dr Musadik Malik has said that the Government is introducing a...

Updated 26 Sep, 2022 08:20pm

Markets

‘25pc of crop washed away’: PTEA wants ban on import of Indian cotton lifted soon

FAISALABAD: PTEA’s Chairman Sohail Pasha urged the government for immediate lifting of ban on import of cotton ...

Published 18 Sep, 2022 06:45am

Textile industry aims to achieve $21bn target in FY23

FAISALABAD: Textile export industry has entered into a sustainable economic growth phase with a focus to achieve $21...

Published 17 Sep, 2022 04:27am

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
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

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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