Trends - Mohammedmian Soomro - Business Recorder

Mohammedmian Soomro

Over Rs100bn project financing: NPPMCL gets unprecedented response from banks

ISLAMABAD: The National Power Parks Management Company (Pvt) Limited (NPPMCL) received an unprecedented response ...

Updated 22 Mar, 2022 01:40pm

Pakistan

Meeting reviews ongoing sell-offtransactions

ISLAMABAD: Federal Minister for Privatisation Mohammedmian Soomro chaired a meeting to review the ongoing...

Published 03 Feb, 2022 04:02am

Saleem Ahmad made PC Chairman

ISLAMABAD: The federal government has appointed new chairman Privatisation Commission Saleem Ahmad with immediate...

Updated 21 Jan, 2022 09:35am

Pakistan

PC reviews sell-off status of PSM, other entities’

ISLAMABAD: The Privatisation Commission Wednesday reviewed the ongoing progress on privatisation programme including...

Published 16 Dec, 2021 04:00am

Saleem replaces Soomro as PC board chairman

ISLAMABAD: The federal government has relieved Minister for Privatisation Mohammed mian Soomro from the position of...

Updated 01 Dec, 2021 12:16pm

Sell-off of HEC, SME Bank and PRCL: Ministries, FAs told to follow transaction timelines

ISLAMABAD: The Privatisation Commission’s Board Thursday discussed the matters related to the sale of remaining...

Updated 26 Nov, 2021 09:38am

Pak Re-Insurance Co Ltd: Pricing mechanism for divestment of GoP shares approved

ISLAMABAD: The Privatization Board (PC Board) approved pricing mechanism for divestment of GoP shares in Pak...

Published 22 Sep, 2021 03:21am

Roadshows begin for PSM revival

Two international investment companies/potential investors were briefed about the revival of Pakistan Steel Mills

Updated 14 Sep, 2021 10:29am

Pakistan

Privatisation of NPPMCL discussed

ISLAMABAD: The transaction committee meeting for the privatisation of National Power Parks Management Company ...

Published 29 Jul, 2021 04:48am

PSM revival: Transfer of land, core assets to subsidiary discussed

ISLAMABAD: The Privatisation Commission Board met Monday and discussed the allocation of 1,229 acres of land to be...

Published 20 Jul, 2021 06:05am

PECO sell-off plan shelved

ISLAMABAD: Privatisation Commission (PC) has reportedly decided to shelve privatisation of Pakistan Engineering...

Published 13 Jun, 2021 03:56am

Business & Finance

SME Bank, HBFCL: Soomro seeks SBP assistance

ISLAMABAD: Federal Minister for Privatisation Mohammedmian Soomro held a meeting with the Governor State Bank of...

Published 28 May, 2021 04:08am

Progress observed in 18 PSEs’ sell-off process

ISLAMABAD: A meeting to review and discuss the progress made so far in the privatisation of the PSEs was held here ...

Published 20 May, 2021 04:26am

Energy sector entities’ sell-off: Inter-ministerial moot discusses steps to resolve issues

ISLAMABAD: Federal Minister for Privatisation, Mohammedmian Soomro Thursday chaired an inter-ministerial meeting to...

Published 07 May, 2021 04:35am

Privatisation of selected PSEs: Authorities told to address legal, administrative issues

ISLAMABAD: Federal Minister Mohammedmian Soomro Thursday chaired regular weekly meeting to review progress made so...

Published 30 Apr, 2021 05:06am

Ministers say PSM revival plan to be expedited

ISLAMABAD: Inter-ministerial meeting on revival of Pakistan Steel Mills Corporation (PSMC) was held here ...

Published 15 Apr, 2021 03:22am

PSM transaction: Ministers briefed about probable timelines

ISLAMABAD: The Privatisation Commission Wednesday held two separate meetings on the privatisation of the Pakistan...

Published 01 Apr, 2021 04:10am

DISCOs’ management: PC board makes proposals on private sector participation

ISLAMABAD: The Privatisation Commission (PC) Board that met Wednesday considered a number of proposals for private...

Published 25 Mar, 2021 05:08am

Arbitration draft of KE: Privatisation Division initiates discussions

ISLAMABAD: Privatisation Division has initiated discussions with stakeholders on early finalization of arbitration...

Published 17 Mar, 2021 04:45am

Pakistan

PC Board reviews progress on sell-offs of various entities

ISLAMABAD: Federal Minister for Privatization, Mohammedmian Soomro Thursday chaired the Privatization Board ...

Updated 12 Mar, 2021 10:08am

Pakistan

Privatisation programme is revenue generation for debt retirement, poverty alleviation: Soomro

Soomro said the commission board actively pursuing the timelines for each and every transaction.

Published 11 Mar, 2021 08:50pm

Pakistan

Govt received 100 percent amount of 9 privatized entities

He also directed the all concerns that issues with other related ministries should be resolved immediately to expedite transactions.

Published 18 Feb, 2021 07:20pm

Pakistan

Govt received 100 percent amount of 9 privatized entities

He also directed the all concerns that issues with other related ministries should be resolved immediately to expedite transactions.

Published 18 Feb, 2021 07:20pm

Pakistan

Soomro for reviving PSM within given time

Federal Minister was briefed about the current status of PSM. All pending issues including Valuation of Core Operation Assets and Audit of PSM were discussed in detail.

Published 09 Feb, 2021 09:04pm

Pakistan

PSM sell-off progress reviewed

ISLAMABAD: A review meeting for the revival of the Pakistan Steel Mills (PSM) was held jointly by the Minister for...

Updated 27 Jan, 2021 09:51am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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