LSMI output decreases by 4.14% MoM in February

News Image

MG News | April 16, 2024 at 05:53 PM GMT+05:00

0:00

April 16, 2024 (MLN): Pakistan’s Large Scale Manufacturing Industries (LSMI) production decreased by 4.14% MoM in February 2024 with the index at 126.01 compared to 131.45 in January 2024, the Pakistan Bureau of Statistics (PBS) reported today.

On the other hand, on a yearly basis, the LSMI output witnessed a slight rise of 0.06% YoY against 125.93 recorded in February 2023.

Cumulatively in 8MFY24, LSMI has shown a negative growth of 0.51% when compared with the same period of last year.

The main contributors towards negative growth of 0.51% in 8MFY24, Food (0.46), Tobacco (-0.80), Textile (-1.75) Garments (0.46), Paper & Board (-0.08), Petroleum Products (0.24), Chemicals (0.55), Pharmaceuticals (1.21), Iron & Steel Products (-0.05), Electrical Equipment (-0.26), Automobiles (-1.14), and Furniture (0.72).

The production in July-February FY24 as compared to July-February FY23 has increased in Food, Wearing apparel, Coke & Petroleum Products, Chemicals, Fertilizers, Pharmaceuticals, Machinery and Equipment and Furniture while it decreased in Tobacco, Textile, Paper & Board, Non Metallic Mineral Products, Iron & Steel Products, Electrical Equipment, Automobiles, and Other Transport Equipment.

The provisional quantum indices of LSMI for February 2024 with the base year 2015-16 have been developed on the basis of latest data supplied by the source agencies.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 156,180.94
423.57M
0.51%
796.43
ALLSHR 95,690.82
1,354.89M
0.59%
557.25
KSE30 47,714.39
199.12M
0.52%
247.40
KMI30 229,722.09
134.66M
0.91%
2076.87
KMIALLSHR 64,420.07
581.33M
0.83%
532.01
BKTi 41,969.52
122.61M
0.50%
207.74
OGTi 31,991.76
10.82M
1.18%
372.62
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 116,920.00 117,365.00
116,880.00
-170.00
-0.15%
BRENT CRUDE 68.45 68.59
68.44
-0.02
-0.03%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 93.35 93.50
93.15
0.50
0.54%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.49 64.67
64.46
-0.03
-0.05%
SUGAR #11 WORLD 15.88 16.10
15.82
-0.12
-0.75%

Chart of the Day


Latest News

Top 5 things to watch in this week

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