Trends - Privatisation Division

Privatisation Division

NA panel briefed about PIA sell-off progress

ISLAMABAD: Pakistan International Airlines (PIA), burdened by Rs200 billion in debts and owning Rs145 billion in...

Updated 23 Jul, 2024 09:40am

Pakistan

PIA privatisation: deadline for EoI submission not expected to be extended further

The deadline for companies to express their interest in buying national carrier Pakistan International Airlines...

Updated 16 May, 2024 10:43pm

PD finalises 5-year privatisation programme

ISLAMABAD: Privatisation Division has finalized a five-year (2024-29) privatisation programme on the direction of...

Updated 09 May, 2024 09:19am

PD and then to Sovereign Fund: CCoP’s nod sought for transfer of OGDCL shares

ISLAMABAD: Privatisation Division has sought approval of Cabinet Committee on Privatisation (CCoP) for transfer of...

Updated 08 May, 2024 09:19am

Less than 48 hours before voting day: PIA restructuring, FWBL sell-off plans approved

Cabinet directs the Cabinet Sub-Committee on Privatisation to deal with the matters related to the PIA financial settlement of government-owned enterprises

Updated 07 Feb, 2024 09:38am

Business & Finance

Legal segregation of PIACL discussed

ISLAMABAD: Caretaker Federal Minister for Privatisation Fawad Hasan Fawad chaired a consultative meeting on Monday...

Updated 09 Jan, 2024 08:40am

Business & Finance

HBFC pensioners’ delegation meets minister

ISLAMABAD: A delegation representing the pensioners of House Building Finance Company Limited (HBFC) called on the...

Published 16 Dec, 2023 05:49am

Industry and investors: Dispute resolution tribunal to be set up

ISLAMABAD: The government has decided to establish a specialised tribunal to resolve disputes expeditiously between...

Updated 13 Dec, 2023 09:22am

Pakistan

UAE envoy briefed about sell-off process

ISLAMABAD: Hamad Obaid Ibrahim Salem Al-Zaabi, Ambassador of the United Arab Emirates to Pakistan called on the...

Published 12 Dec, 2023 05:28am

Need of NSC for change in shareholding: KES Power: Privatisation Div asked to seek advice

ISLAMABAD: A three-member Ministerial Committee has asked Privatisation Division to seek advice from the Ministry of...

Updated 04 Nov, 2023 09:37am

Senate panel told: PSM sell-off halted after 3 Chinese cos withdrew EoIs

ISLAMABAD: A parliamentary panel was informed on Thursday that the privatisation of Pakistan Steel Mills (PSM) was...

Updated 27 Oct, 2023 09:27am

Business & Finance

Privatisation of SOEs: Minister explains mandate of caretaker govt

ISLAMABAD: A few buyers of state-owned entities (SOEs) claimed demurrage from the Privatisation Division for ...

Published 22 Sep, 2023 03:33am

Business & Finance

PIA says govt support ‘eases out’ financial woes, ‘restructuring also on track’

Debt-ridden Pakistan International Airlines (PIA) said on Saturday that its financial woes have “eased out” after...

Updated 09 Sep, 2023 04:48pm

PM lays focus on tax reforms, sell-off process

Says increasing tax collection is the foremost priority of the government

Updated 07 Sep, 2023 09:51am

Business & Finance

Govt stakes in NPP, Gepco: PD keeping mum over PSO proposal

ISLAMABAD: The Power Division is reportedly silent on a proposal of Pakistan State Oil (PSO) acquiring government...

Published 14 Apr, 2023 05:59am

Pakistan

PD body reviews steps taken for revival of PSM, other entities

ISLAMABAD: A review committee of the Privatisation Division on Wednesday discussed the measures taken for the ...

Published 28 Jul, 2022 04:41am

Pakistan Steel Mills: Meeting held with pre-qualified bidders, PC

ISLAMABAD: A meeting with pre-qualified bidders of Pakistan Steel Mills (PSM) and Privatisation Commission (PC) was...

Updated 20 May, 2022 10:32am

UAE wants to acquire Guddu Power Plant

Federal cabinet has approved the financial evaluation of the 747-MW power plant for subsequent privatisation

Updated 10 Mar, 2022 10:27am

Evaluation of power projects approved ahead of sell-off

ISLAMABAD: The Federal Cabinet has approved financial evaluation of 425MW Nandipur Power Plant (NPP), with a...

Updated 18 Jan, 2022 09:24am

Lack of investor interest: PD for delisting SME Bank from sell-off list

ISLAMABAD: The Privatisation Division has proposed the government to delist SME Bank from the active privatisation...

Updated 16 Nov, 2021 09:57am

RLNG power plants’ sell-off: JP Morgan team briefed on investment opportunities

ISLAMABAD: The Privatisation Division has held a meeting with JP Morgan officials in the backdrop of the...

Updated 09 Nov, 2021 10:31am

PSM attracts investor interest; revival in sight

Investment companies from China, Russia, and Korea show keen interest in investing in Pakistan Steel Mills due to its sheer potential

Updated 16 Sep, 2021 09:20am

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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