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 | 134,299.77 290.06M |
0.39% 517.42 |
ALLSHR | 84,018.16 764.12M |
0.48% 402.35 |
KSE30 | 40,814.29 132.59M |
0.33% 132.52 |
KMI30 | 192,589.16 116.24M |
0.49% 948.28 |
KMIALLSHR | 56,072.25 387.69M |
0.32% 180.74 |
BKTi | 36,971.75 19.46M |
-0.05% -16.94 |
OGTi | 28,240.28 6.19M |
0.21% 58.78 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 118,140.00 | 119,450.00 115,635.00 |
4270.00 3.75% |
BRENT CRUDE | 70.63 | 70.71 68.55 |
1.99 2.90% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
1.10 1.14% |
ROTTERDAM COAL MONTHLY | 108.75 | 108.75 108.75 |
0.40 0.37% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 68.75 | 68.77 66.50 |
2.18 3.27% |
SUGAR #11 WORLD | 16.56 | 16.60 16.20 |
0.30 1.85% |
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 |
---|