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Yarn shortage: APTMA asks for govt's help in buyout of 10-15 sick units


National
March 10, 2021
ISLAMABAD: While berating the move to import yarn from India that has changed the status of Kashmiris in held Kashmir, the All Pakistan Textile Mills Association (APTMA) came up with an alternate to overcome the shortage of yarn in the country, asking for government’s help for revival of 10-15 yarn units which were harshly hit by the ongoing pandemic resulting in cash flow crises.
The identified 10-15 textile companies contribute roughly $1 billion per annum to the exports and their continued operation will keep 15,000 plus people directly employed and in addition unquantifiable indirect jobs. These companies are suffering from liquidity crises and are on the verge of collapse due to Covid-19 and the change in the Sales Tax regime. ....

Razak Dawood , Pakistan Textile Mills Association , All Pakistan Textile Mills Association , Sales Tax , Hira Textile Mills , Alam Cotton , Gulistan Spinning , Gulistan Textiles , ர்யாஸக் தாவூத் , பாக்கிஸ்தான் ஜவுளி ஆலைகள் சங்கம் , அனைத்தும் பாக்கிஸ்தான் ஜவுளி ஆலைகள் சங்கம் , விற்பனை வரி , ஹிரா ஜவுளி ஆலைகள் , ஆலம் பருத்தி , குலிஸ்தான் நூற்பு , குலிஸ்தான் ஜவுளி ,

Beware of the bubble - Newspaper


The spectacular rise in the prices of certain shares from March 25, 2020 to date has left investors gasping for breath.
The invasion of Covid-19 dented the KSE-100 index, which reached its nadir of 27,229 points on March 25 last year. From there onwards, the index displayed an upward spiral that over the last 10 months has gradually reached 45,984 points. This represents a 31-month high and a massive recovery of 69 per cent.
During the same period, price gains in certain stocks have been mind-blowing: two stocks in the technology sector have left analysts scratching their heads. TRG Ltd was languishing at Rs12.87 on March 25. It is now trading at Rs109.50, up 751pc in 10 months. ....

Crescent Textile Mills , Abdullah Shah Ghazi , Cyan Ltd , National Refinery , Sardar Chemical Industries , Pakistan Stock Exchange , Ss Oil Mills , Bunnys Ltd , National Saving Schemes , Punjab Oil Mills , Exchange Commission Of Pakistan , Securities Division , Exchange Commission , Aaisha Steel , Rupali Polyester , Saritow Spinning Mills , First Prudential Modaraba , Nimir Resins , Pakistan Engineering , Netsol Technologies , Khurshid Spinning Mills , Ideal Spinning Mills , Hira Textile Mills , Data Agro , Abdullah Shah Ghazi Sugar , Shadman Cotton Mills ,

Listed companies asked for reasons behind 'unusual' price moves


Business
January 22, 2021
KARACHI: Pakistan Stock Exchange (PSX) has asked various companies to explain the reasons behind what it says unusual movement in prices and turnover of their shares during the ongoing week, it was learnt on Thursday.
In a notice, PSX asked them “to respond promptly” and share with it “details of any matter or development that is or may be relevant to the unusual movements or a statement of the fact that it is not aware of any such matter or development”. The companies that have been served notices include Aisha Steel Mills, SS Oil Mills, Saritow Spinning Mills, Rupali Polyester, Punjab Oil Mills, First Prudential Modaraba, Nimir Resins, Pakistan Engineering Company, Netsol Technologies, Khurshid Spinning Mills, Ideal Spinning Mills, Hira Textile Mills, Data Agro, Cyan Limited, Crescent Textile Mills, and Abddullah Shah Ghazi Sugar Mills. ....

Crescent Textile Mills , Abddullah Shah Ghazi , Ahsan Mehanti , Pakistan Stock Exchange , Ss Oil Mills , Punjab Oil Mills , Pakistan Engineering Company , Arif Habib , Turnover Of Punjab Oil Mills , Aisha Steel Mills , Saritow Spinning Mills , Rupali Polyester , First Prudential Modaraba , Nimir Resins , Netsol Technologies , Khurshid Spinning Mills , Ideal Spinning Mills , Hira Textile Mills , Data Agro , Cyan Limited , Abddullah Shah Ghazi Sugar , பிறை ஜவுளி ஆலைகள் , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் , ஸ் எண்ணெய் ஆலைகள் , பஞ்சாப் எண்ணெய் ஆலைகள் , பாக்கிஸ்தான் பொறியியல் நிறுவனம் ,