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PIA

PIA sell-off: FA fees cost kitty Rs1.95bn

ISLAMABAD: The government has incurred a loss of Rs1.95 billion in fees to a Financial Advisor (FA) for structuring...

Updated 19 Nov, 2024 01:16pm

Pakistan

Immediate restructuring of governmental system the need of the hour: PDP

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor here Sunday urged the government to bring efficient...

Published 18 Nov, 2024 02:54am

Opinion

PIA sell-off challenge: crash-landing was long in the making

Six months ago, the buzz in Islamabad was that foreign airline giants were lining up to acquire a seemingly...

Published 18 Nov, 2024 02:54am

Opinion

KP govt again seeks to participate in PIA bidding

In a seemingly unsavory development, the Khyber Pakhtunkhwa (KP) government has written another letter to Minister...

Published 15 Nov, 2024 06:20am

Pakistan

PIA to transport 35,000 intending pilgrims of govt Hajj scheme

KARACHI: PIA will transport 35,000 intending pilgrims under Government Hajj scheme to Saudi Arabia this year. An...

Published 14 Nov, 2024 08:39am

Matter referred to Cabinet committee: PC board rejects Rs10bn bid for PIA

ISLAMABAD: The Privatization Commission Board rejected the Rs10 billion bid submitted by Blue World City Consortium...

Updated 14 Nov, 2024 09:24am

Pakistan

KP govt again seeks to participate in PIA bidding

ISLAMABAD: After having formally conveyed its willingness to the federal government to buy Pakistan International...

Updated 14 Nov, 2024 09:28am

Pakistan

Religious ministry, PIA agree to provide travel services for 35,000 Hajj pilgrims

The Pakistan International Airlines (PIA) will provide travel facilities to 35,000 pilgrims who will perform Hajj...

Updated 13 Nov, 2024 07:50pm

Pakistan

PIA CEO skips panel meeting without any intimation

ISLAMABAD: As the privatisation of the sinking titanic – Pakistan International Airlines (PIA) – is in doldrums,...

Published 13 Nov, 2024 07:54am

Editorials

PIA sell-off fiasco

EDITORIAL: Halloween, thirty-first October, a day celebrated for horror and associated with the macabre, cast its...

Updated 07 Nov, 2024 06:42am

PIA’s governance ‘flaws’ identified by SAEP

KARACHI: The controversial sale of five Boeing 777 engines at below-market prices and the grounding of two aircraft...

Updated 06 Nov, 2024 08:28am

Punjab govt not mulling buying PIA: Azma

LAHORE: Terming the smog as one of the biggest issues, Punjab Information Minister Azma Bokhari said on Monday that...

Updated 05 Nov, 2024 09:00am

Opinion

Privatisation and SBP

Heads should roll in the aftermath of the fiasco of the Thursday bidding of Pakistan International Airlines (PIA) as...

Published 04 Nov, 2024 03:29am

‘Can’t sell PIA for peanuts,’ says Aleem

LAHORE: Federal Minister for Privatisation Abdul Aleem Khan has said he had responsibility of selling Pakistan...

Updated 04 Nov, 2024 03:10pm

Editorials

PIA’s privatisation: hurdles and roadblocks

EDITORIAL: The government’s much-delayed plans of privatising PIA hit a huge obstacle on October 31 as the final...

Published 04 Nov, 2024 03:29am

Markets

PIA ‘national asset’, provinces welcome to buy airline on PC’s minimum expected price, says Aleem Khan

Minister says federal cabinet to decide if creation of new framework required for privatisation of PIA

Published 03 Nov, 2024 11:01pm

Business & Finance

Govt urged to ‘revive’ PIA privatisation process

LAHORE: Former Caretaker Federal Minister for Commerce and Chairman of the FPCCI Pakistan Economic Revival and ...

Published 03 Nov, 2024 07:44am

PM holds trade, investment talks with Qatar’s emir, counterpart

DOHA: Prime Minister Shehbaz Sharif on Thursday met Qatar’s Emir Sheikh Tamim bin Hamad Al Thani and his counterpart...

Updated 01 Nov, 2024 09:21am

Business & Finance

Below govt minimum: PIA stake sale attracts sole bid of Rs10bn

ISLAMABAD: The Blue World Consortium has submitted the only bid for a 60 percent stake in Pakistan International...

Published 01 Nov, 2024 06:51am

Business & Finance

PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer

Process of PIA bidding concludes with just one sole bid
Ball now in PC and cabinet's court

Updated 01 Nov, 2024 09:55am

Business & Finance

PIA privatisation set to conclude today

ISLAMABAD: The long-awaited privatisation of Pakistan International Airlines (PIA) is set to conclude today...

Published 31 Oct, 2024 06:18am

Pakistan

Real estate developer Blue World City cleared to bid for PIA, company chairman says

KARACHI: A Pakistani real estate development company said on Wednesday it had completed requirements to enter the...

Updated 30 Oct, 2024 10:02pm

Business & Finance

PIACL bidding to be held tomorrow

ISLAMABAD: The bidding of loss-making Pakistan International Airlines Corporation Ltd (PIACL), the first state-owned...

Published 30 Oct, 2024 06:32am

Business & Finance

Govt receives one bid for stake in flag carrier PIA: report

Other 5 groups stay away from depositing 'earnest money'

Updated 30 Oct, 2024 12:44am

Editorials

Complexities of SOE reforms

EDITORIAL: Poorly performing state-owned enterprises (SOEs), wracked with chronic inefficiencies and ringing up...

Updated 26 Oct, 2024 07:42am

Pakistan

Pakistan aims to privatise flag carrier PIA in November: finance minister

Aurangzeb says ensuring macroeconomic stability, doing proper due diligence of interested parties behind five-month delay in privatisation process

Updated 24 Oct, 2024 11:48pm

NA informed: Final auction for PIA on 30th

ISLAMABAD: As the country is seeking to outsource its airport operations in line with an International Monetary Fund...

Updated 24 Oct, 2024 09:25am

Opinion

A Safari in Karachi

There is an alarming increase in the number of some species of animals that dominate the landscape in Karachi. This...

Published 19 Oct, 2024 06:48am

IMF told: Two Discos’ sell-off to wrap up by Jan-end

ISLAMABAD: The federal government has shared with the International Monetary Fund (IMF) that transactions of two...

Updated 12 Oct, 2024 09:47pm

Editorials

Privatising PIA: a Herculean task

EDITORIAL: Yet another delay appears to be on the cards with respect to the privatisation of Pakistan International...

Published 09 Oct, 2024 06:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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