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textile sector

Weekly Cotton Review: Prices remain stable

KARACHI: Cotton prices in Pakistan remained stable last week, however, trading activity was subdued. A bearish trend...

Published 23 Dec, 2024 06:03am

Business & Finance

Potential of JVs between Pak, Spanish cos highlighted

FAISALABAD: There was immense potential to launch joint ventures between Pakistani and Spanish companies ...

Published 23 Dec, 2024 06:03am

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

BR Research

LSM: Stuck in the red

“Key large-scale manufacturing sectors – such as textile, food, automobiles, POL and tobacco – were already...

Published 18 Dec, 2024 09:06am

Business & Finance

Jul-Nov FY25: Textile group exports up 10.51pc to $7.607bn YoY

ISLAMABAD: The country’s textile group exports increased by 10.51 percent in first five months (July-November) of...

Published 18 Dec, 2024 08:22am

Business & Finance

PRGMEA recognises issue of Scope 3 gas emissions

LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has recognized the urgency...

Published 14 Dec, 2024 06:46am

Business & Finance

APTMA demands govt restore Export Finance Scheme

KARACHI: The All Pakistan Textile Mills Association (APTMA) has demanded the federal government for immediate...

Updated 10 Dec, 2024 09:16am

Opinion

Unravelling of the Textile Sector

Pakistan’s textile industry, a key component of the economy and a full-spectrum value chain, is unravelling under...

Updated 09 Dec, 2024 08:21am

Cooperation in trade, investment: BoI and China’s CNTAC set to sign MoU today

ISLAMABAD: The Board of Investment (BoI) and China National Textile & Apparel Council (CNTAC) are all set to...

Updated 05 Dec, 2024 09:21am

Business & Finance

Chairman APBUMA talks of textile sector’s woes

FAISALABAD: Forty percent textile units have been closed and this nosedive process will continue if immediate...

Published 01 Dec, 2024 03:13am

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

BR Research

Redco Textiles Limited

Redco Textiles Limited (PSX: REDCO) is incorporated in Pakistan as a public limited company. It began its operations...

Published 19 Nov, 2024 08:42am

Markets

Cotton arrival slumps in first two weeks of November

Cotton arrival in Pakistan registered a massive decline of 34% as of November 15, 2024 compared to the same period...

Updated 18 Nov, 2024 10:38pm

Business & Finance

Value-addition, diversification: APTMA secures Jam’s support to boost exports

ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan has assured the delegation of All Pakistan Textile Mills...

Published 16 Nov, 2024 07:17am

Business & Finance

Jul-Oct textile group exports up 10.44pc

ISLAMABAD: The country’s textile group exports increased by 10.44 per cent in first four months (July-October) of...

Published 16 Nov, 2024 06:58am

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

Missteps and missed marks: macroeconomic stability is just a distant mirage

Despite ostensibly achieving some macroeconomic stability—as evidenced by falling inflation, a stable exchange rate,...

Published 04 Nov, 2024 03:29am

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

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

Markets

Pakistan’s textile exporter slashes production amid cotton shortage, rising costs

In a concerning development for Pakistan’s critical textile sector, Ghazi Fabrics International Limited, a prominent...

Updated 29 Oct, 2024 06:34pm

Business & Finance

Supply-chain due diligence act: German official says opportunity exists for Pakistan to stand out

Florian Walther, Pakistan representative at the German Emirati Joint Council for Industry and Commerce, says act relevant for companies here as well

Updated 28 Oct, 2024 07:19am

Textile sector demands a long-term policy

KARACHI: The textile sector has called on the government to establish a long-term textile policy, developed in...

Updated 28 Oct, 2024 02:44pm

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

Business & Finance

Smeda holds Industry 4.0 training session for apparel, textile sector

LAHORE: The Small and Medium Enterprises Development Authority (Smeda), under its awareness programme on Industry...

Published 24 Oct, 2024 06:49am

Business & Finance

Texpo 2024 likely to attract $800m in export orders

KARACHI: Texpo 2024, the 5th edition of Pakistan’s premier textile and leather exhibition, is expected to generate...

Published 22 Oct, 2024 06:33am

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

Markets

Cotton arrival in Pakistan slumps in September 2024

Cotton arrival in Pakistan registered a massive decline of 59% as of September 30, 2024 compared to the same period...

Updated 03 Oct, 2024 09:46pm

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

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 23	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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