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PIA

CCoP clears PIACL divestment with management stake

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) headed by Ishaq Dar, DPM/FM has approved divestment of 51%...

Published about 3 hours ago

Business losses: Financial restructuring under way at PIA, NA told

ISLAMABAD: Defence Minister Khawaja Asif informed the National Assembly on Wednesday that the cash-starved Pakistan...

Updated 20 Mar, 2025 08:49am

PIA privatisation: Transaction structure recommended to CCOP

ISLAMABAD: The 231st meeting of the Privatisation Commission Board was held on Monday at the Privatisation...

Updated 19 Mar, 2025 03:03pm

Pakistan

Compensation to deceased pilot family: LHC seeks replies from PIA, others on contempt plea

LAHORE: The Lahore High Court (LHC) on Monday sought replies from Pakistan International Airline (PIA) and others on...

Published 18 Mar, 2025 07:59am

Business & Finance

Missing wheel from Lahore-bound PIA flight found at Karachi airport

The missing wheel from the Pakistan International Airlines (PIA) flight 306 was found near the remote parking bay of...

Published 14 Mar, 2025 10:28pm

Pakistan

PIA flight lands in Lahore with wheel missing

KARACHI: One of the six wheels of the main landing gear of PIA flight PK-306 went missing during its Karachi-Lahore...

Published 14 Mar, 2025 05:34am

Jet fuel supplies: ‘PSOCL’s outstanding amount from PIA accumulated to Rs28.88bn as of Feb’

ISLAMABAD: Minister for Energy (Petroleum Division) Ali Pervaiz Malik said that Pakistan State Oil Company Limited’s...

Updated 13 Mar, 2025 09:19am

Planned Roosevelt Hotel sell-off: Finally, CCoP forces itself to speed up process

Cabinet Committee on Privatisation reiterates government’s commitment to streamlining privatisation efforts to enhance economic viability and attract investment

Updated 12 Mar, 2025 03:04pm

Business & Finance

PIA sell-off: A new roadmap being outlined: Aleem

ISLAMABAD: Federal Minister Abdul Aleem Khan Thursday said that to make PIA’s privatisation more attractive, a new...

Published 07 Mar, 2025 05:45am

Markets

Govt to complete PIA privatisation within next 3 months: Aleem Khan

All concerns of parties interested in Pakistan International Airlines' privatisation process addressed properly, claims minister

Updated 06 Mar, 2025 10:45pm

Editorials

The open economy syndrome

EDITORIAL: A parliamentary fact-finding committee has concluded that the open skies policy of PIA led to a decrease...

Published 27 Feb, 2025 06:44am

Business & Finance

NY City ending lease agreement with Roosevelt Hotel

NEW YORK: New York City is ending its $220 million lease agreement with the PIA-owned Roosevelt Hotel, which had ...

Published 26 Feb, 2025 07:23am

PIACL sell-off: $4.3m paid to FA, PC panel told

ISLAMABAD: The Privatization Commission, Tuesday, informed the standing committee that an amount of US$4.3 million...

Updated 26 Feb, 2025 08:52am

Business & Finance

New York City closes PIA’s Roosevelt Hotel migrant shelter, ends $220mn lease agreement

In 2023, Roosevelt Hotel inked 3-year lease with New York City

Updated 25 Feb, 2025 08:56pm

Editorials

Potential versus reality

EDITORIAL: During their initial months in power nearly all Pakistani administrations exhibit a level of optimism ...

Published 21 Feb, 2025 06:49am

Business & Finance

JazzCash partners with PIA

KARACHI: JazzCash, Pakistan’s leading fintech organization has formed a strategic partnership with Pakistan...

Published 20 Feb, 2025 07:27am

Pakistan

PIA to operate special charter flights for Champions Trophy

KARACHI: Pakistan International Airlines (PIA) has announced comprehensive travel arrangements for international...

Published 18 Feb, 2025 03:01am

Sports

PIA to provide travel facilities for int’l teams participating in ICC Champions Trophy, 2025

PIA will operate special chartered flights for the domestic transportation of cricket teams

Published 17 Feb, 2025 01:50pm

PIA financial closure deadline shortened by 4 months

ISLAMABAD: Prime Minister Shehbaz Sharif has shortened the deadline for the financial closure of Pakistan...

Updated 14 Feb, 2025 09:06am

Business & Finance

Cash-strapped PIA approves salary increase for employees

The Board of Directors of Pakistan International Airlines (PIA) on Friday gave principle approval for cadre-wise...

Updated 07 Feb, 2025 09:03pm

Business & Finance

Private sector investment in new aircraft: IMF agrees to 18pc GST removal if PIA privatised

ISLAMABAD: International Monetary Fund (IMF) agreed that if Pakistan International Airline (PIA) is privatised, 18...

Published 04 Feb, 2025 06:29am

Markets

PIA sell-off: Privatisation Commission says ‘fully prepared’ for second attempt

The Privatisation Commission (PC) has said that it is “fully prepared” for the second attempt at the Pakistan...

Published 03 Feb, 2025 10:17pm

Pakistan

Committee to probe ex-minister Sarwar’s statement in 2020 regarding pilot licences

The federal cabinet on Thursday approved formation of a fact-finding committee to investigate a statement made by...

Published 30 Jan, 2025 10:45pm

Pakistan

Cell phone smuggling: 5 PIA crew members caught

KARACHI: The Collectorate of Customs Preventive Multan has intercepted five Pakistan International Airlines (PIA)...

Published 25 Jan, 2025 06:22am

PIA operates first international flight from NGIA

ISLAMABAD: Pakistan International Airlines (PIA) has achieved another milestone by operating its first international...

Updated 25 Jan, 2025 09:32am

Pakistan

First passenger flight lands at New Gwadar International Airport

The first commercial aircraft arrived on Monday at the New Gwadar International Airport. A Pakistan International...

Updated 20 Jan, 2025 10:18pm

Pakistan

PIA plane lands on wrong runway amid fog

LAHORE: A Pakistan International Airlines (PIA) flight experienced a serious incident when the pilot landed the ...

Published 19 Jan, 2025 02:47am

Pakistan

PIA apologises for controversial Eiffel Tower advert

Pakistan national airline draws criticism over ad published to mark first flight to Paris after safety ban lifted

Updated 17 Jan, 2025 10:33pm

Opinion

PIA privatisation: taking off?

The PIA privatisation efforts are back, and the chances of the deal moving forward this time are high. The previous...

Published 13 Jan, 2025 03:06am

PIA sees Rs107m revenue on direct flight to Paris

KARACHI: Pakistan International Airlines (PIA) is set to generate sizeable revenue of over Rs 107 million on its...

Updated 10 Jan, 2025 08:44am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 25	150.54
USD to Swiss Franc / Mar 25	0.88
Pound Sterling to USD / Mar 25	1.29
Euro to USD / Mar 25	1.08
UK LIBOR % / Mar 24	4.96

Stock	Volume
S&P 500 / Mar 24	5,767.57
Nasdaq / Mar 24	18,188.59
Dow Jones / Mar 24	42,583.32
India Sensex / Mar 25	78,073.97
Tokyo Nikkei / Mar 25	37,780.54
Hang Seng / Mar 25	23,413.58
FTSE 100 / Mar 25	8,684.09
Germany DAX 30 / Mar 25	22,926.46
France CAC40 / Mar 25	8,073.56

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 24	17,085
Crude Oil USD/Barrel / Mar 25	69.03
Gold 10 Grams PKR / Mar 25	272,462
Gold Spot USD/Ounce / Mar 25	3,017.31
Cotton US¢/pound / Mar 25	65.64
Petrol/Litre / Mar 26	255.63
Diesel/Litre / Mar 26	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel Indus.(R) / Mar 25 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	2.01 ▲ 1 (99.01%)
Ruby Textile / Mar 25 Ruby Textile Mills Limited(RUBY)	7.01 ▲ 1 (16.64%)
Sec. Inv. Bank / Mar 25 Security Investment Bank Limited(SIBL)	8.99 ▲ 1 (12.52%)
Samba Bank / Mar 25 Samba Bank Limited(SBL)	9 ▲ 0.82 (10.02%)
Leiner Pak Gelat / Mar 25 Leiner Pak Gelatine Limited(LPGL)	100.73 ▲ 9.16 (10%)
Adamjee Life Assur. / Mar 25 Adamjee Life Assurance Company Limited(ALIFE)	25.73 ▲ 2.34 (10%)
United Dist. / Mar 25 United Distributors Pakistan Limited(UDPL)	67.29 ▲ 6.12 (10%)
Crescent Fib. / Mar 25 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Popular Islamic / Mar 25 Popular Islamic Modaraba(PIM)	13.19 ▲ 1.19 (9.92%)
Hussain Industries / Mar 25 Husein Industries Limited(HUSI)	27.30 ▲ 2.43 (9.77%)

Stock	Price
Parmount Sp. / Mar 25 Paramount Spinning Mills Limited(PASM)	3.51 ▼ -0.48 (-12.03%)
Shahtaj Sugar / Mar 25 Shahtaj Sugar Mills Limited(SHJS)	117 ▼ -13 (-10%)
Diamond Ind. / Mar 25 Diamond Industries Limited(DIIL)	27.68 ▼ -3.07 (-9.98%)
Zephyr Textile / Mar 25 Zephyr Textiles Limited(ZTL)	9.50 ▼ -1 (-9.52%)
TPL Life Insur. / Mar 25 TPL Life Insurance Limited(TPLL)	55.02 ▼ -5.74 (-9.45%)
Shahtaj Textile / Mar 25 Shahtaj Textile Limited(STJT)	65.05 ▼ -6.54 (-9.14%)
Sindh Abadgar / Mar 25 Sindh Abadgar's Sugar Mills Limited(SASML)	55 ▼ -5.43 (-8.99%)
Elahi Cot. / Mar 25 Elahi Cotton Mills Limited(ELCM)	138 ▼ -13.03 (-8.63%)
Tri-Star Power / Mar 25 Tri-Star Power Limited(TSPL)	7.24 ▼ -0.66 (-8.35%)
Shield Corp. / Mar 25 Shield Corporation Limited(SCL)	253.90 ▼ -22.98 (-8.3%)

Stock	Volume
Pak Elektron / Mar 25 Pak Elektron Limited(PAEL)	28,623,330 ▲ 0.63
TRG Pak Ltd / Mar 25 TRG Pakistan Limited(TRG)	22,742,574 ▼ -3.59
Cnergyico PK / Mar 25 Cnergyico PK Limited(CNERGY)	19,218,186 ▲ 0.01
Sui South Gas / Mar 25 Sui Southern Gas Company Limited(SSGC)	14,168,002 ▲ 0.18
WorldCall Telecom / Mar 25 Worldcall Telecom Limited(WTL)	11,877,825 ▼ -0.05
Pak Int.Bulk / Mar 25 Pakistan International Bulk Terminal(PIBTL)	11,187,536 ▲ 0.08
Pak Refinery / Mar 25 Pakistan Refinery Limited(PRL)	10,362,407 ▼ -0.12
B.O.Punjab / Mar 25 The Bank of Punjab(BOP)	10,164,053 ▼ -0.21
K-Electric Ltd. / Mar 25 K-Electric Limited(KEL)	10,144,462 ▲ 0
Treet Corp / Mar 25 Treet Corporation Limited(TREET)	8,893,519 ▼ -0.53

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