Redco Textiles to revive its weaving unit this month

07:26
December 12, 2018
MG

December 12, 2018 (MLN): Redco Textiles Limited (REDCO) has decided to resume production in its weaving unit from December 26, 2018, reveals an official announcement issued by the company to the Pakistan Stock Exchange (PSX), earlier today.

After the company’s Board of Directors reviewed the market situation in the best interest of shareholders, it decided to go with the aforementioned decision to curtail the maximum loss.

The Board also considered the situation of the industry and its own production plans, concluding that due to reduction in RLNG prices, the cost of conversion will reduce significantly thereby making it feasible for management to run the weaving unit.

Copyright Mettis Link News

Posted on: 2018-12-12T12:26:00+05:00

24757

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.20000	278.40000	278.40000	278.20000	01:03 PM
2	EUR	1.06690	1.06720	1.06720	1.06690	07:38 PM
3	GBP	1.23680	1.23700	1.23700	1.23680	07:38 PM
4	CHF	0.91030	0.91070	0.91070	0.91030	07:38 PM
5	JPY	154.62000	154.63000	154.63000	154.62000	07:38 PM
6	CAD	1.37970	1.38020	1.38020	1.37970	07:38 PM
7	AUD	0.64140	0.64180	0.64180	0.64140	07:38 PM
8	INR	83.37020	83.37070	83.37070	83.37020	05:00 PM
9	SAR	3.75120	3.75170	3.75170	3.75120	02:27 AM
10	AED	3.67220	3.67320	3.67320	3.67220	01:57 AM
11	HKD	7.83130	7.83140	7.83140	7.83130	07:38 PM
12	CNH	7.23884	7.23892	7.23892	7.23884	05:00 PM
13	CNY	7.24030	7.24040	7.24040	7.24030	07:10 PM
14	THB	36.80000	36.82000	36.82000	36.80000	05:04 PM
15	MYR	4.78150	4.78650	4.78650	4.78150	12:29 PM
16	IDR	16,210.30000	16,226.20000	16,226.20000	16,210.30000	07:37 PM
17	SGD	1.36080	1.36180	1.36180	1.36080	07:38 PM
18	NZD	0.58850	0.58910	0.58910	0.58850	07:37 PM
19	MXN	17.08550	17.11550	17.11550	17.08550	07:38 PM
20	TRY	32.48060	32.49060	32.49060	32.48060	05:04 PM
21	SEK	10.89960	10.92770	10.92770	10.89960	07:38 PM
22	ZAR	18.77030	19.81930	19.81933	18.77031	07:38 PM
23	NOK	11.01490	11.02090	11.02090	11.01490	07:38 PM
24	DKK	7.00130	7.00230	7.00230	7.00130	07:37 PM
25	ARS	870.10300	870.11100	870.11115	870.10271	07:38 PM
26	BDT	108.06500	111.44600	111.44612	108.06470	07:19 AM
27	BHD	0.37700	0.37710	0.37710	0.37700	08:32 PM
28	BRL	5.20200	5.20500	5.20500	5.20200	07:37 PM
29	KRW	1,373.58000	1,375.41000	1,375.41000	1,373.58000	07:37 PM
30	KWD	0.30836	0.30846	0.30846	0.30836	01:56 AM
31	LKR	298.75800	305.33300	305.33326	298.75827	07:19 AM
32	OMR	0.38498	0.38515	0.38515	0.38498	01:57 AM
33	QAR	3.64600	3.64900	3.64900	3.64600	01:59 AM
34	RUB	93.20000	94.60000	94.60000	93.20000	12:48 PM
35	AFN	71.00000	73.00000	73.00000	71.00000	11:05 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:27 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	12:29 PM
38	MVR	15.25000	15.65000	15.65000	15.25000	12:35 PM
39	UZS	12,670.00000	12,740.00000	12,740.00000	12,670.00000	01:07 PM
40	PHP	57.45800	57.68800	57.68800	57.45800	05:00 PM
42	NGN	1,149.00000	1,153.00000	1,153.00000	1,149.00000	12:36 PM
43	KES	133.00000	134.00000	134.00000	133.00000	12:10 PM
44	AMD	392.60000	392.60000	392.60000	392.60000	07:55 AM
45	TWD	32.53300	32.53900	32.53900	32.53300	07:37 PM
46	XAU	2,390.01000	2,391.71000	2,391.71000	2,390.01000	07:37 PM
47	XAG	28.65580	28.68580	28.68580	28.65580	07:37 PM
48	XPT	931.58700	937.31300	937.31280	931.58720	02:00 AM
49	XPD	1,026.51000	1,034.34000	1,034.33590	1,026.50920	02:00 AM
2,120	VES	36.25120	36.34210	36.34210	36.25125	12:29 PM
2,212	UGX	3,768.41000	3,852.95000	3,852.94560	3,768.40998	07:19 AM
2,213	TZS	2,591.49000	2,591.51000	2,591.51500	2,591.48500	11:41 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	70,968.98	70,909.904	70,186.93	619.785	0.882	214,724,945.0	13,651,927,649.760	19/04/2024 05:13 PM
ALLSHR	46,573.62	46,547.234	46,105.96	339.379	0.735	475,634,499.0	23,214,193,723.360	19/04/2024 05:13 PM
KSE30	23,393.38	23,376.569	23,058.97	282.759	1.224	116,554,680.0	11,831,374,214.290	19/04/2024 05:13 PM
KMI30	118,779.97	118,572.725	117,247.45	1,218.125	1.038	148,956,005.0	11,119,881,421.450	19/04/2024 05:13 PM
KMIALLSHR	33,051.27	33,022.390	32,695.54	298.524	0.912	317,804,569.0	19,951,289,708.390	19/04/2024 05:13 PM
BKTi	17,861.34	17,826.912	17,489.40	244.864	1.393	16,782,769.0	1,601,100,031.210	19/04/2024 05:13 PM
OGTi	16,766.60	16,652.098	16,435.08	192.159	1.167	13,610,174.0	1,842,349,761.040	19/04/2024 05:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,150.0	65,640.0	59,635.0	490.00
BRENT CRUDE	EB	87.4	90.8	86.2	0.28
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-6.15
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	-0.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.1	85.6	81.1	0.01
SUGAR #11 WORLD	SB	19.6	19.8	19.3	0.03

To see more commodities please register for our portal

Top 5 things to watch in this week

Charts

KSE100 (Last)

KSE100 (Volume)

KSE100 (Last)

KSE100 (Volume)

Trending :

Redco Textiles to revive its weaving unit this month

Top 5 things to watch in this week

Charts

Stay Connected

Read Next

Bestway Cement’s profits dip slightly in 3QFY24

Crescent Jute Products continues funding pursuit from sponsors

LOTCHEM struggles with shrinking margins, profits dip 65% in 1Q2024

Pakistan Sugar Association teams up with govt for sugar price stability