Exports decline in the midst of goods carriers strike

News Image

MG News | May 12, 2017 at 10:39 AM GMT+05:00

A strike against Sindh High Courts has brought the exports to a near halt. The delivery of raw materials has severely been affected in the industrial area across Karachi resulting in consignment delays. The strike has been under effect since the last four days. 

The businesses across Karachi have been having problems to ship their cargo as there were no carriers willing to take the long routes after Sindh high Court’s ban on movement heavy traffic within the city.

The Pakistan Appeal Forum appealed Prime Minister to resolve the issue as there were no deliveries were being made from any businesses throughout Karachi.

Exporters complain that due to the ongoing strike, there were no empty containers available to load for exports. He further said the businesses run on marginal profits making in unfeasible to send shipments by air rather than by sea.

Related News

Name Price/Vol %Chg/NChg
KSE100 162,896.68
169.98M
0.67%
1091.66
ALLSHR 98,449.69
389.81M
0.63%
617.70
KSE30 48,687.46
89.94M
0.72%
346.80
KMI30 233,849.31
94.62M
0.50%
1168.71
KMIALLSHR 64,048.09
199.49M
0.59%
373.04
BKTi 44,347.06
28.49M
1.07%
471.40
OGTi 34,422.95
8.77M
1.31%
443.56
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,615.00 77,425.00
76,120.00
-280.00
-0.36%
BRENT CRUDE 110.80 111.58
109.01
-1.30
-1.16%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-7.25
-6.18%
ROTTERDAM COAL MONTHLY 111.50 111.50
111.50
0.90
0.81%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 103.77 104.71
102.12
-0.61
-0.58%
SUGAR #11 WORLD 15.09 15.12
14.69
0.36
2.44%

Chart of the Day


Latest News
May 19, 2026 at 05:30 PM GMT+05:00

Pakistan, Japan eye next chapter in minerals science


May 19, 2026 at 05:20 PM GMT+05:00

ECC approves National Gemstone Policy 2026–2030


May 19, 2026 at 04:50 PM GMT+05:00

Gold price in Pakistan remain unchanged



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg