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Textile industry

APTMA urges FBR to help rescue textile industry

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has sought intervention of Federal Board of Revenue (FBR)...

Updated 21 Jan, 2025 02:34pm

Business & Finance

‘Need to promote eco-friendly industrial hemp to protect textile industry’

FAISALABAD: The cotton production has declined from 14 million bales to 10 million bales in 2024 that needs ...

Published 17 Jan, 2025 02:56am

Business & Finance

PTC seeks Aurangzeb’s help to save sinking textile industry

ISLAMABAD: The Pakistan Textile Council (PTC) has called for immediate policy intervention from Federal Minister for...

Published 14 Jan, 2025 03:12am

Markets

Cotton arrival in Pakistan slumps sharply in December 2024

Cotton arrival in Pakistan registered a significant decline of 33% as of December 31, 2024, compared to the same...

Updated 03 Jan, 2025 11:03pm

Opinion

2025 strategy: pathways to increase cotton production

As Pakistan’s cotton industry grapples with declining yields and rising imports, the year 2025 presents a critical...

Published 03 Jan, 2025 06:56am

Business & Finance

Pakistan’s Feroze1888 Mills to establish subsidiary in UK

Feroze1888 Mills Limited (FML), a leading Pakistani textile exporter, has announced plans to establish a...

Updated 23 Dec, 2024 05:31pm

BR Research

Idrees Textile Mills Limited

Idrees Textile Mills Limited [PSX: IDRT] was incorporated in Pakistan as an unquoted public limited company in 1990....

Updated 23 Dec, 2024 09:19am

Opinion

USD25bn textile exports can be a reality

After a challenging year in 2023, Pakistan’s value-added textile sector has demonstrated remarkable resilience in...

Updated 23 Dec, 2024 08:51am

Business & Finance

PHMA, PRGMEA for reducing business cost for export-oriented industry

LAHORE: The value-added export-oriented textile industry should be given the top priority of the government,...

Published 22 Dec, 2024 02:57am

Editorials

Sharp decline in cotton production

EDITORIAL: The 33 percent year-on-year decline in cotton production would be bad news in the best of times, but...

Updated 21 Dec, 2024 07:28am

BR Research

Cordoba Logistics & Ventures Limited

Cordoba Logistics & Ventures Limited (PS: CLVL) was incorporated in Pakistan as a public limited company in...

Published 20 Dec, 2024 08:47am

Opinion

Economic repercussions of reliance on cotton imports

Pakistan’s economy is fundamentally rooted in agriculture, with cotton serving as the cornerstone of its...

Updated 12 Dec, 2024 08:11am

Markets

Textile industry: CCRI Multan Head for aligning incentives to revive cotton sector

LAHORE: Sajid Mahmood, Head of the Transfer of Technology Department at the Central Cotton Research Institute ...

Published 06 Dec, 2024 08:59am

Business & Finance

PRGMEA for a collaborative approach to policymaking

LAHORE: The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has emphasized the need...

Published 27 Nov, 2024 07:23am

Opinion

Imperative need for strong national apex body for cotton

The cotton sector serves as the backbone of Pakistan’s economy, providing essential raw material to the textile...

Updated 27 Nov, 2024 07:49am

Business & Finance

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

Markets →

Budget 2024-25: income tax calculator for FY25

Textile industry

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