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INDUS Motor shuts down plant amid supply chain disruption

14:20
January 31, 2023

January 31, 2023 (MLN): The Indus Motor Company Limited (INDU) has decided to completely shut down its Plant from February 1, 2023, to February 14, 2023, amid supply chain disruptions, a notice issued by the company to PSX on Tuesday showed.

To note, recently SBP in its circular advised commercial banks to facilitate the imports to specified sectors only, which does not include the auto sector.

The company and its vendors are facing major hurdles in the import of raw materials and receiving clearance for their consignments from commercial banks.

This has disrupted the entire supply chain and the vendors are unable to supply raw materials and components to the company.

Accordingly, the company has insufficient inventory levels and is unable to continue its production activities, the notification read.

Moreover, the company has also decided to start its production on a Single Shift basis from February 15, 2023, until further notice.

Copyright Mettis Link News

Posted on: 2023-01-31T13:56:38+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.60000	278.80000	278.80000	278.60000	01:02 PM
2	EUR	1.06956	1.06961	1.06961	1.06956	12:45 PM
3	GBP	1.24868	1.24878	1.24878	1.24868	12:45 PM
4	CHF	0.91394	0.91400	0.91400	0.91394	12:45 PM
5	JPY	157.67800	157.69300	157.69300	157.67800	12:45 PM
6	CAD	1.36726	1.36732	1.36732	1.36726	12:45 PM
7	AUD	0.65303	0.65307	0.65307	0.65303	12:45 PM
8	INR	83.39850	83.39950	83.39950	83.39850	12:45 PM
9	SAR	3.75050	3.75070	3.75070	3.75050	09:44 PM
10	AED	3.67280	3.67310	3.67310	3.67280	09:44 PM
11	HKD	7.82840	7.82850	7.82850	7.82840	12:45 PM
12	CNH	7.26640	7.26657	7.26657	7.26640	12:45 PM
13	CNY	7.23930	7.24050	7.24050	7.23930	11:15 PM
14	THB	37.00000	37.02000	37.02000	37.00000	12:45 PM
15	MYR	4.76500	4.77000	4.77000	4.76500	04:58 AM
16	IDR	16,217.80000	16,227.60000	16,227.60000	16,217.80000	12:45 PM
17	SGD	1.36201	1.36212	1.36212	1.36201	12:45 PM
18	NZD	0.59408	0.59419	0.59419	0.59408	12:45 PM
19	MXN	17.14580	17.15080	17.15079	17.14579	12:45 PM
20	TRY	32.44930	32.45930	32.45930	32.44930	12:45 PM
21	SEK	10.93820	10.94160	10.94164	10.93821	12:45 PM
22	ZAR	18.81270	18.84270	18.84270	18.81270	12:45 PM
23	NOK	11.02410	11.02880	11.02880	11.02405	12:45 PM
24	DKK	6.97190	6.97290	6.97290	6.97190	12:45 PM
25	ARS	874.78600	874.79600	874.79590	874.78590	12:45 PM
26	BDT	108.01100	111.36500	111.36523	108.01142	07:19 AM
27	BHD	0.37698	0.37713	0.37713	0.37698	06:54 PM
28	BRL	5.11210	5.11510	5.11510	5.11210	12:44 PM
29	KRW	1,377.35000	1,377.86000	1,377.86000	1,377.35000	12:45 PM
30	KWD	0.30807	0.30817	0.30817	0.30807	09:44 PM
31	LKR	292.57900	299.10100	299.10051	292.57908	07:19 AM
32	OMR	0.38494	0.38509	0.38509	0.38494	06:55 PM
33	QAR	3.64600	3.64800	3.64800	3.64600	09:44 PM
34	RUB	92.27000	92.29000	92.29000	92.27000	08:00 PM
35	AFN	71.15810	73.02130	73.02133	71.15807	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:54 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,600.10000	12,665.30000	12,665.30340	12,600.09037	07:19 AM
40	PHP	57.67600	57.78000	57.78000	57.67600	12:45 PM
42	NGN	1,305.72000	1,306.72000	1,306.72000	1,305.72000	07:26 AM
43	KES	134.00000	136.00000	136.00000	134.00000	08:19 AM
44	AMD	388.08000	388.08000	388.08000	388.08000	08:16 AM
45	TWD	32.58030	32.61030	32.61030	32.58030	12:45 PM
46	XAU	2,334.52000	2,334.91000	2,334.91000	2,334.52000	12:45 PM
47	XAG	27.22620	27.23190	27.23190	27.22620	12:45 PM
48	XPT	913.75000	915.25000	915.25000	913.75000	09:44 PM
49	XPD	953.64700	961.46700	960.00000	955.00000	09:44 PM
2,120	VES	36.33200	36.42320	36.42315	36.33204	08:00 PM
2,212	UGX	3,770.25000	3,854.09000	3,854.09049	3,770.24515	07:19 AM
2,213	TZS	2,589.99000	2,590.01000	2,590.01500	2,589.98500	06:47 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,862.41	72,742.748	71,764.18	771.347	1.072	302,352,233.0	14,307,377,262.460	26/04/2024 05:12 PM
ALLSHR	47,721.89	47,489.465	47,040.09	314.510	0.667	540,778,150.0	22,562,380,076.020	26/04/2024 05:12 PM
KSE30	24,069.72	24,033.869	23,676.59	284.824	1.199	79,764,833.0	9,454,683,795.040	26/04/2024 05:12 PM
KMI30	122,624.63	122,414.850	120,539.93	1,511.894	1.251	130,473,781.0	8,715,975,575.960	26/04/2024 05:12 PM
KMIALLSHR	34,120.82	34,003.274	33,623.23	303.834	0.902	336,036,323.0	17,261,793,362.150	26/04/2024 05:12 PM
BKTi	18,098.00	18,061.700	17,783.46	189.341	1.059	12,829,416.0	1,502,941,695.300	26/04/2024 05:12 PM
OGTi	17,165.47	17,018.023	16,915.39	-13.038	-0.077	13,158,963.0	1,843,356,910.500	26/04/2024 05:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,215.0	65,395.0	63,775.0	-1,055.00
BRENT CRUDE	EB	89.6	89.8	88.8	0.56
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-0.70
ROTTERDAM COAL MONTHLY	ET	117.5	117.5	117.5	-1.05
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	84.1	84.5	83.4	0.49
SUGAR #11 WORLD	SB	19.1	19.6	19.0	-0.11

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