LSMI output decreases by 4.14% MoM in February
MG News | April 16, 2024 at 05:53 PM GMT+05:00
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 | 165,124.41 104.27M | -1.18% -1964.87 |
| ALLSHR | 100,157.69 359.84M | -0.95% -959.71 |
| KSE30 | 49,004.16 46.99M | -1.68% -837.55 |
| KMI30 | 237,813.98 72.72M | -1.06% -2558.45 |
| KMIALLSHR | 64,882.76 191.40M | -0.97% -635.41 |
| BKTi | 45,521.99 13.55M | -1.53% -706.78 |
| OGTi | 33,558.03 3.78M | -1.23% -416.63 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 83,765.00 | 84,320.00 82,645.00 | 1295.00 1.57% |
| BRENT CRUDE | 105.33 | 105.43 104.70 | 0.61 0.58% |
| RICHARDS BAY COAL MONTHLY | 128.50 | 0.00 0.00 | 1.00 0.78% |
| ROTTERDAM COAL MONTHLY | 143.40 | 0.00 0.00 | -0.70 -0.49% |
| USD RBD PALM OLEIN | 1,167.50 | 1,167.50 1,167.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 92.42 | 92.43 91.71 | 0.57 0.62% |
| SUGAR #11 WORLD | 20.27 | 20.44 20.09 | 0.12 0.60% |
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 |
|---|