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PIACL

PIA privatisation: EOI to be published by month-end

ISLAMABAD: Privatisation Commission is planning to publish expression of interest (EOI) for privatisation of...

Updated 14 Jan, 2025 02:57pm

Business & Finance

PIA resumes Islamabad-Paris flight operations following EASA decision

Pakistan International Airlines (PIA) has restarted flight operations between Islamabad and Paris starting Friday,...

Updated 10 Jan, 2025 08:40pm

Govt wants to complete PIA privatisation this year

ISLAMABAD: The Pakistani government plans to complete the privatisation of Pakistan International Airlines Company...

Updated 10 Jan, 2025 03:09pm

Markets

IMF agreed for cleaning of PIACL’s Rs45 billion negative equity, NA panel told

Washington-based lender also gave its nod for removal of 18% GST on aircrafts, Standing Committee on Privatisation informed

Updated 09 Jan, 2025 10:43pm

Business & Finance

SOEs’ sell-off aimed at unburdening kitty: Aleem

ISLAMABAD. Federal Minister for Privatisation, Board of Investment and Communications, Abdul Aleem Khan has said the...

Published 25 Dec, 2024 08:31am

PIA sell-off: Govt will have to own Rs800bn in liabilities: Asif

ISLAMABAD: Minister for Aviation Khawaja Muhammad Asif said the government would have to own Rs800 billion in...

Updated 17 Dec, 2024 03:22pm

Business & Finance

Amir Hayat ends tenure as PIA Holding Company CEO

Air Vice Marshal (AVM) Muhammad Amir Hayat is no longer the Chief Executive Officer (CEO) of PIA Holding Company...

Updated 09 Dec, 2024 10:13pm

Pakistan

Pakistan’s PIA to resume flights to Europe on Jan. 10 after 4-1/2 year ban

PIA's authorisation to operate in EU was suspended in June 2020 over concerns about ability of Pakistani authorities and its Civil Aviation Authority to ensure compliance with international aviation standards

Updated 06 Dec, 2024 10:27pm

Pakistan

PIA names acting CEO as it prepares to resume European flights

KARACHI: Pakistan International Airlines (PIA) on Thursday named one of the company’s senior executives as acting...

Updated 05 Dec, 2024 11:02pm

Business & Finance

PIA hopes to resume Europe flights soon after EASA lifts ban

KARACHI: Pakistan International Airlines (PIA) said on Sunday it expects to resume European routes soon and is...

Updated 01 Dec, 2024 09:41pm

Markets

Asif anticipates higher PIA valuation in second privatization round following EASA decision

Development will allow PIA to recapture European traffic, says aviation minister

Updated 30 Nov, 2024 08:16pm

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

Business & Finance

CCoP reiterates divesting PIACL thru privatisation or G2G mode

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) reiterated the resolve of the government to divest Pakistan...

Published 16 Nov, 2024 06:04am

Pakistan

CCoP reiterates ‘resolve to divest’ PIA shares, but adds G2G mode

Says will pursue its divestment through privatisation or government-to-government mode

Updated 15 Nov, 2024 10:29pm

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

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

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

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

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

Privatisation of PIA: Plan faces slowing momentum on queries by bidders

Bidding deadline set for October 31, 2024, may be extended

Updated 04 Oct, 2024 10:45am

Bidding for PIACL to be held on Oct 1

ISLAMABAD: The Privatisation Commission Board, on Friday, announced that it will hold bidding for the PIACL for 1st...

Updated 21 Sep, 2024 09:32am

Senate panel told: 75pc of PIACL shares up for bidding by October

ISLAMABAD: Federal government has reached the conclusion to offer 75 percent shares in Pakistan International...

Updated 30 Aug, 2024 08:48am

Business & Finance

Posted Rs75bn loss in 2023: PIACL liabilities rise to Rs825bn with Rs161bn assets

ISLAMABAD: Pakistan International Airlines Company Limited (PIACL) made a loss of Rs75 billion approximately during...

Published 27 Aug, 2024 06:44am

PIACL debt restructuring: Fair value impact to be recognised on PIAHCL portfolio as per IFRS-9: SBP

KARACHI: In order to facilitate banks in executing the PIACL debt restructuring transaction, the State Bank of...

Updated 16 Aug, 2024 09:13am

PIA privatisation: final bidding delayed till October 1

Business & Finance

PIACL divestment: Six companies pre-qualify

ISLAMABAD: The Privatisation Commission Board met on Monday under the chairmanship of Minister for Privatisation/...

Published 04 Jun, 2024 06:28am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 1	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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