LSMI output declines for the first time in 3 months

MG News | January 16, 2019 at 05:04 PM GMT+05:00

0:00

January 16, 2019 (MLN): The over-all output of LSMI decreased by 0.90% for July-November, 2018-19 compared to July-November, 2017-18.

The LSMI output decreased by 0.60% for November, 2018 compared to November, 2017 and 4.98% if compared to October 2018.

The data released by Pakistan Bureau of Statistic (PBS) revealed a declining number of production output from the large scale manufacturing sector indicating negativity for increases in long-term production for the current and next fiscal years.

LSMI output numbers have exhibited a decline for the first time since August 2018.

The industry specific production in Jul-Nov 2018-19 as compared to Jul-Nov 2017-18 has significantly decreased in Pharmaceuticals (-7.62%), Coke & Petroleum Products (-4.52%), Iron & Steel Products (-6.13%) and Electronics (-9.46), whereas it increased in Fertilizers (+5.87%) and Paper & Board (8.76%).

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	163,304.13 424.61M	-0.78% -1286.28
ALLSHR	99,380.97 1,038.42M	-0.94% -946.44
KSE30	49,842.51 138.16M	-0.73% -367.30
KMI30	238,104.17 78.33M	-0.14% -327.97
KMIALLSHR	65,590.95 485.77M	-0.66% -435.42
BKTi	45,705.29 72.87M	-2.08% -972.73
OGTi	32,671.23 13.00M	-0.23% -74.93

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	110,990.00	112,355.00 109,820.00	570.00 0.52%
BRENT CRUDE	65.69	66.78 65.41	-0.30 -0.45%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.05 -1.29%
ROTTERDAM COAL MONTHLY	92.60	0.00 0.00	0.10 0.11%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	61.44	62.59 61.21	-0.35 -0.57%
SUGAR #11 WORLD	14.97	15.34 14.93	-0.32 -2.09%