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PIACL

CCP says recovered Rs10mn penalty from PIA for ‘abusing dominant position’

Development comes a day after govt announced to seek expressions of interest next week for sale of national carrier

Updated 18 Apr, 2025 08:52pm

Business & Finance

PC to seek bids to sell PIA next week

ISLAMABAD: The Privatisation Commission Board on Thursday decided to publish fresh EOI for the divestment of PIACL...

Published 18 Apr, 2025 05:52am

Markets

PIA privatisation: Senate body seeks stricter criteria to bar non-operational bidders

The Senate Standing Committee on Privatisation has sought stricter pre-qualification criteria to restrict...

Published 11 Apr, 2025 10:26pm

Business & Finance

PIA achieves net profitability first time in 21 years

KARACHI: Pakistan International Airlines (PIA) has achieved net profitability for the first time in 21 years,...

Published 09 Apr, 2025 05:46am

Markets

Pakistan International Airlines returns to profit after 21 years

National flag carrier records Rs26.2 billion net profit for 2024

Published 08 Apr, 2025 11:32pm

Business & Finance

Cash-starved PIA to achieve profitability for first time since 2003: Bloomberg

PIA Holding Co., the national airline of Pakistan, is set to report its first annual profit in more than two...

Updated 08 Apr, 2025 06:37pm

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%...

Updated 26 Mar, 2025 09:37am

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

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

Business & Finance

NA body irked over absence of PIACL CEO

ISLAMABAD: The National Assembly’s Standing Committee on Rules of Procedure and Privileges has expressed strong...

Published 27 Feb, 2025 08:16am

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

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 21	280.92
USD PKR Interbank Buying / Apr 21	280.72
USD to Japanese Yen / Apr 21	140.83
USD to Swiss Franc / Apr 21	0.81
Pound Sterling to USD / Apr 21	1.34
Euro to USD / Apr 21	1.15
UK LIBOR % / Apr 18	4.96

Stock	Volume
S&P 500 / Apr 17	5,282.70
Nasdaq / Apr 17	16,286.45
FTSE 100 / Apr 17	8,275.66
Dow Jones / Apr 17	39,142.23
Germany DAX 30 / Apr 17	21,205.86
France CAC40 / Apr 17	7,285.86
India Sensex / Apr 21	21,395.14
Tokyo Nikkei / Apr 21	34,356.93
Hang Seng / Apr 21	79,442.98

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	16,985
Gold 10 Grams PKR / Apr 18	299,811
Crude Oil USD/Barrel / Apr 21	63.76
Gold Spot USD/Ounce / Apr 21	3,389.31
Cotton US¢/pound / Apr 21	67.13
Petrol/Litre / Apr 22	254.63
Diesel/Litre / Apr 22	258.64

Gainers
Losers
Leaders

Stock	Price
Quice Food / Apr 21 Quice Food Industries Limited(QUICE)	7.53 ▲ 1 (15.31%)
Beco Steel Ltd / Apr 21 Beco Steel Limited(BECO)	10.16 ▲ 0.94 (10.2%)
Saritow Spinning / Apr 21 Saritow Spinning Mills Limited(SSML)	16.79 ▲ 1.53 (10.03%)
Power Cem(Pref) / Apr 21 Power Cement (Pref)(POWERPS)	16.48 ▲ 1.5 (10.01%)
Crescent Steel / Apr 21 Crescent Steel & Allied Products Limited(CSAP)	128.69 ▲ 11.7 (10%)
Diamond Ind. / Apr 21 Diamond Industries Limited(DIIL)	27.73 ▲ 2.52 (10%)
EMCO Industries / Apr 21 Emco Industries Limited(EMCO)	36.29 ▲ 3.3 (10%)
K.S.B.Pumps / Apr 21 KSB Pumps Company Limited(KSBP)	184.40 ▲ 16.76 (10%)
Nagina Cot. / Apr 21 Nagina Cotton Mills Limited(NAGC)	54.98 ▲ 5 (10%)
National Silk / Apr 21 The National Silk & Rayon Mills Limited(NSRM)	35.20 ▲ 3.2 (10%)

Stock	Price
Pak Reinsurance / Apr 21 Pakistan Reinsurance Company Limited(PAKRI)	13.45 ▼ -2.45 (-15.41%)
Arpak Int. / Apr 21 Arpak International Investments Ltd.(ARPAK)	61.41 ▼ -6.54 (-9.62%)
Samba Bank / Apr 21 Samba Bank Limited(SBL)	9.07 ▼ -0.9 (-9.03%)
NBP PGETF / Apr 21 NBP Pakistan Growth Exchange Traded Fund(NBPGETF)	21.51 ▼ -1.76 (-7.56%)
Dewan Automotive Eng. / Apr 21 Dewan Automotive Engineering Limited(DWAE)	32.93 ▼ -2.64 (-7.42%)
Bela Auto / Apr 21 Bela Automotives Limited(BELA)	151.60 ▼ -12.05 (-7.36%)
UDL International / Apr 21 UDL International Limited(UDLI)	7.80 ▼ -0.62 (-7.36%)
Leiner Pak Gelat / Apr 21 Leiner Pak Gelatine Limited(LPGL)	112.52 ▼ -8.89 (-7.32%)
Kohinoor Mills / Apr 21 Kohinoor Mills Limited(KML)	30.93 ▼ -2.44 (-7.31%)
Next Capital / Apr 21 Next Capital Limited(NEXT)	7.36 ▼ -0.58 (-7.3%)

Stock	Volume
Cnergyico PK / Apr 21 Cnergyico PK Limited(CNERGY)	103,028,410 ▲ 0.01
Power Cement / Apr 21 Power Cement Limited(POWER)	62,587,267 ▲ 1.23
B.O.Punjab / Apr 21 The Bank of Punjab(BOP)	42,587,808 ▲ 0.25
Sui South Gas / Apr 21 Sui Southern Gas Company Limited(SSGC)	29,216,804 ▲ 0.9
Sui North Gas / Apr 21 Sui Northern Gas Pipelines Limited(SNGP)	28,845,690 ▲ 10.7
Fauji Foods Ltd / Apr 21 Fauji Foods Limited(FFL)	27,776,861 ▲ 0.64
Maple Leaf Cement / Apr 21 Maple Leaf Cement Factory Limited(MLCF)	25,090,099 ▲ 3.93
Pak Int.Bulk / Apr 21 Pakistan International Bulk Terminal(PIBTL)	23,630,998 ▼ -0.03
Pak Elektron / Apr 21 Pak Elektron Limited(PAEL)	21,655,133 ▲ 1.29
Fauji Cement / Apr 21 Fauji Cement Company Limited(FCCL)	16,149,277 ▲ 0.34

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