Trends - PSEs - Business Recorder

PSEs

Policy rate cut by 250bps to 15pc

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) announced a historic policy rate ...

Published 05 Nov, 2024 03:30am

Opinion

Govt has no business being in business

Federal Finance Minister Muhammad Aurangzeb in a televised speech this Tuesday cleared the air on IMF (International...

Updated 07 Sep, 2024 08:58am

Imprest money: Govt weighs debit card against credit card for PSEs

ISLAMABAD: The government is considering suggesting debit instead of credit card solutions to address petty cash and...

Updated 02 Aug, 2024 09:33am

Business & Finance

KP govt initiates reforms to improve performance of 170 PSEs

PESHAWAR: The KP government has initiated reforms to improve the performance of its 170 public sector entities ...

Published 08 Jul, 2024 08:25am

Opinion

‘Railways in a mess’

This is apropos a Business Recorder editorial “Railways in a mess” carried by the newspaper yesterday. The...

Published 31 May, 2024 06:58am

Opinion

Pakistan’s economic crossroads

The socialist idea of central planning, which leads to a closed economy, has been followed by neoliberalism and...

Updated 17 May, 2024 06:12am

Business & Finance

Political uncertainty impacting economy: SBP

KARACHI: Despite some improvement in macroeconomic indicators, economy continues to grapple with the structural...

Published 15 May, 2024 05:47am

Two power plants: PD shares with PC issues hindering sell-off process

ISLAMABAD: The Power Division has reportedly shared issues with Privatisation Commission (PC) that are hindering...

Updated 16 Mar, 2024 03:07pm

Govt moves NPP, GPP sell-off process forward

Cabinet Committee on Privatisation directs Power Division to submit timelines for each of the issues hindering the process of privatisation of Nandipur Power Plant and Guddu Power Plant

Updated 29 Feb, 2024 09:36am

Business & Finance

Purchase of engineering goods: PSEs asked to prefer local firms

ISLAMABAD: Commerce Ministry (MoC) has urged Public Sector Entities (PSEs) to give preference to domestic companies...

Updated 31 Jan, 2024 09:33am

Procurement of net-metering-based solar PV systems: PPIB set to approve model bidding documents for PSEs

ISLAMABAD: The Board of Private Power and Infrastructure Board (PPIB) is all set to approve model bidding...

Updated 17 Jan, 2024 08:55am

Business & Finance

LCCI president awards â€˜Best Performance Certificates to conveners 150 bodies

LAHORE: President of the Lahore Chamber of Commerce & Industry Kashif Anwar Saturday awarded Best Performance...

Published 26 Nov, 2023 03:31am

Shamshad lists factors behind SOEs’ Rs500bn losses

ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar on Thursday said external interference, lack of...

Updated 22 Sep, 2023 08:46am

Business & Finance

PSEB bars ministries, PSEs from engaging with particular IT firm

ISLAMABAD: Pakistan Software Export Board (PSEB) Limited, an arm of Ministry of Information Technology and Telecom,...

Published 20 Jun, 2023 03:16am

Opinion

Surging govt debt

The statistics on total debt of Pakistan as of end-December 2022 has been released recently by the SBP (State Bank ...

Published 21 Feb, 2023 05:58am

Most of country’s PSEs ripe for sale or closure?

PM for expediting sell-off process

Updated 09 Feb, 2023 08:51am

Business & Finance

Loss-making PSEs: business community leader advocates sell-off

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and...

Published 25 Jan, 2023 06:25am

Jul-Mar period: Outstanding govt guarantees stand at $6.06 billion

ISLAMABAD: The government of Pakistan’s outstanding guarantees stood at $ 6.066 billion during the first three...

Updated 11 Jun, 2022 10:21am

Ministry stops PSEs from depositing funds in private banks

Withdraws at least four office memoranda that allowed Public Sector Entities and local/ autonomous bodies to deposit their funds in private banks

Updated 25 May, 2022 09:41am

BR Research

GDP rebase long overdue

The talk of the town in economic circles right now is that Pakistan’s total debt and liabilities stock has crossed...

Published 26 Nov, 2021 06:34am

PSEs big revenue drag: Country’s 25pc cos are ‘zombie’ firms: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has estimated that approximately 25 percent of the companies in...

Updated 10 Nov, 2021 09:41am

Ex-officio members: MoF asked to review nominations/appointments on PSEs’ boards

ISLAMABAD: The Federal Cabinet has directed the Ministry of Finance to review nominations/appointments of ex-officio...

Published 23 May, 2021 03:06am

Progress observed in 18 PSEs’ sell-off process

ISLAMABAD: A meeting to review and discuss the progress made so far in the privatisation of the PSEs was held here ...

Published 20 May, 2021 04:26am

Pakistan

Soomro stresses need to revive PSM

The aim of the weekly meeting was to identify the bottlenecks in each transaction at every stage and there has been a considerable progress in 18 identified entities.

Published 19 May, 2021 07:01pm

Pakistan

Transactions of various PSEs: PC Board’s meeting to review progress

ISLAMABAD: A Privatisation Commission Board’s meeting is likely to be held in the current week to review the ...

Updated 27 Apr, 2021 10:09am

Pakistan

PSEs’ sell-off progress reviewed

ISLAMABAD: The Privatisation Commission Thursday held a weekly review meeting on the progress being made for the...

Updated 16 Apr, 2021 09:57am

Top vacant positions in PSEs: PM likely to take action against ministries

ISLAMABAD: Prime Minister Imran Khan is likely to take action against the Ministries for not complying with Federal...

Published 12 Apr, 2021 03:59am

Sell-off process of PSEs by PC: Hafeez incensed by ‘delaying tactics’

ISLAMABAD: Finance Minister, Dr Abdul Hafeez Shaikh has reportedly grilled Privatisation Commission (PC) for using...

Published 29 Mar, 2021 06:05am

Pakistan

18 PSEs picked, but not a single privatised since 2018

ISLAMABAD: The government has selected 18 Public Sector Entities (PSEs) for privatisation, however it has not been...

Published 21 Mar, 2021 04:05am

ADB says ‘slower’ recovery could cause delay in reforms

ISLAMABAD: A slower-than-expected recovery from the Covid-19 pandemic and accompanying social pressures might delay...

Published 29 Jan, 2021 04:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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