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Textile industry

Solidarity expressed with owners of demolished industrial units

FAISALABAD: All Pakistan Textile Sizing Industry Association held a press conference under the title of “Industry...

Published 16 Nov, 2024 06:04am

Business & Finance

Delay in sales tax refunds: Textile industry facing financial crunch

LAHORE: The value-added export-oriented textile industry is facing an extreme financial crunch as its major portion...

Published 12 Nov, 2024 06:38am

BR Research

Mahmood Textile Mills Limited

Mahmood Textile Mills Limited (PSX: MEHT) was incorporated in Pakistan as a public limited company in 1970. The...

Published 04 Nov, 2024 09:14am

Opinion

Transforming cotton with contract farming

Contract growing represents an innovative agricultural framework whereby a formal agreement is established between...

Updated 01 Nov, 2024 08:50am

Business & Finance

GPCCI workshop: Textile industry gains insights into new regulatory requirements

KARACHI: The German-Pakistan Chamber of Commerce and Industry (GPCCI) hosted a Workshop on ‘German Supply Chain ...

Published 31 Oct, 2024 07:41am

Opinion

The criticality of cotton cess payment

Cotton is the backbone of Pakistan’s agricultural economy; yet the textile industry’s refusal to pay the cotton...

Published 25 Oct, 2024 06:55am

Markets

Pakistan’s cotton import bill set to hit $1.9bn as local production plummets

In a concerning development for Pakistan, the country’s cotton import bill is projected to reach $1.9 billion in the...

Updated 19 Oct, 2024 09:47pm

Opinion

Why PCCC crucial for Pakistan’s economy and textile industry

Whenever we think of cotton research and development, the concept of cotton varieties often comes to mind. However,...

Updated 09 Oct, 2024 07:24am

BR Research

Textile working capital financing: high value added in remission?

By all accounts, Pakistan’s textile and apparel export profile has been transformed for the positive over the last...

Published 03 Oct, 2024 08:18am

APTMA, minister discuss issues facing textile industry

ISLAMABAD: A high-level delegation from the All Pakistan Textile Mills Association (APTMA) on Tuesday held a meeting...

Updated 02 Oct, 2024 09:32am

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

PHMA elects office-bearers

KARACHI: Muhammad Babar Khan, Abdul Hameed and Faisal Arshad Shaikh have been elected unopposed as Central Chairman,...

Published 28 Sep, 2024 07:16am

BR Research

Textile exports: what does FY25 look like?

Will the rise in income tax on exportsblow textile exports out of water? Will the rising energy tariffs wipe out...

Published 09 Sep, 2024 09:08am

Business & Finance

Value-added textile industry combating slew of crises: KCCI

KARACHI: Pakistan’s value-added textile industry is grappled with severe crises, which are attributed to financial...

Published 07 Sep, 2024 06:59am

BR Research

Pakistan’s textile in a brave new world – Part 2

In an earlier coverage of textile sector’s export performance during FY22 published in this section, BR Research had...

Published 04 Sep, 2024 09:22am

Markets

Nishat Mills Limited to establish company in UK

The Board of Directors of Nishat Mills Limited (NML), the flagship company of Nishat Group, has given its nod to...

Updated 02 Sep, 2024 11:35pm

Opinion

A requiem for manufacturing?

Amidst a deepening economic crisis, the government seems intent on pushing the economy’s most vital sector—the...

Updated 02 Sep, 2024 07:25am

BR Research

Is a return of textile export firms to stock market in the offing?

In the five years since it went public, Interloop Limited (PSX: ILP) has increased its export revenue as well as...

Published 21 Aug, 2024 07:42am

BR Research

Shadab Textile Mills Limited

Shadab Textile Mills Limited (PSX: SHDT) was incorporated in Pakistan as a public limited company in 1979. The...

Published 21 Aug, 2024 07:38am

Opinion

Textile sector’s ‘breaches’ inflict financial ‘turmoil’ on PCCC

At the time of Pakistan’s independence, the country had only two textile mills and a handful of ginning factories,...

Published 20 Aug, 2024 07:14am

BR Research

Towellers Limited

Towellers Limited (PSX: TOWL) was incorporated in Pakistan as a private limited company in 1973 and was converted...

Published 19 Aug, 2024 07:38am

BR Research

Cotton import: all set to double again?

Post-flood alluvial soils, favorable weather, and a dramatic recovery in acreage. During the last financial year,...

Published 16 Aug, 2024 07:32am

Business & Finance

Investment in Pakistan: Govt urged to collaborate with FPCCI

LAHORE: S M Tanveer, Patron-in-Chief of the United Business Group (UBG) and former Punjab Minister, has made a...

Published 16 Aug, 2024 06:56am

Business & Finance

Local textile industry facing severe crisis: KCBF chief

LAHORE: The textile industry in Pakistan is facing a severe crisis due to unfavourable weather conditions, decreased...

Published 14 Aug, 2024 06:40am

Opinion

Cotton research under siege

At the inception of Pakistan, the nation emerged as a notable cotton exporter, with only two or three textile mills...

Updated 29 Jul, 2024 07:20am

Editorials

Fall in cotton production

EDITORIAL: In yet another piece of discouraging news for the country’s economy, the Pakistan Cotton Ginners...

Updated 24 Jul, 2024 07:47am

BR Research

Pakistan’s textile in a brave new world

Exchange rate, energy prices, or pricing in the global market – something will have to give, and fast. Despite fears...

Published 22 Jul, 2024 08:23am

Business & Finance

Finance Act, 2024: FBR official explains changes made to Sales Tax

LAHORE: Raza Ashfaq, Commissioner, Inland Revenue and Member Sales Tax Appellate Tribunal Punjab, has explained...

Published 16 Jul, 2024 06:26am

Markets

Textile industry, labourers, rural livelihood: Cotton area shortfall constitutes challenge

MULTAN: The agriculture sector is facing a challenge as the cotton cultivation target fell short by 21 percent, ...

Published 24 Jun, 2024 07:00am

APTMA urges govt to revisit Finance Bill

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) expressing serious concerns over the FY25 budget stated...

Updated 21 Jun, 2024 09:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
FTSE 100 / Nov 20	8,085.07
Dow Jones / Nov 20	43,408.47
Germany DAX 30 / Nov 20	19,004.78
France CAC40 / Nov 20	7,198.45
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17

Item	Value
Gold 10 Grams PKR / Nov 20	238,940
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

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