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Pakistan Steel Mills

PSM: PC all set to issue EoI

ISLAMABAD: Privatisation Commission (PC) is all set to issue Expression of Interest (EoI) on Tuesday (today) for...

Published 31 Aug, 2021 04:41am

‘Govt has no intention to quit IMF programme’: Tarin presents economic blueprint

Formal round of talks with the Fund would be held by the end of September
Finance minister says the government has put in place comprehensive plans, focusing on 14 special sectors of the economy

Updated 28 Aug, 2021 12:12pm

Pakistan

PC steps up its efforts towards PSM revival

ISLAMABAD: Privatisation Commission (PC) will invite Expression of Interest (EoI) from interested parties for ...

Updated 27 Aug, 2021 03:43pm

Functionality of SOEs: MoF describes suo motu actions as impediments

ISLAMABAD: The Ministry of Finance (MoF) has described the suo motu actions taken by National Accountability Bureau...

Updated 21 Aug, 2021 10:38am

Steel Corp: Divestment of stakes to be approved

ISLAMABAD: The federal government will approve divestment of 51-74% equity stakes of Steel Corp. (Pvt) Ltd, a...

Updated 17 Aug, 2021 09:56am

Dr Ishrat explains why he has quit

Dr Ishrat maintains that he joined the government with the understanding that he would serve for three years and would seek retirement once he attains the age of 80

Updated 31 Jul, 2021 10:39am

PC irked by PSM chairman’s letter

ISLAMABAD: Privatisation Commission (PC) has expressed strong annoyance at Chairman Pakistan Steel Mills (PSM) Board...

Updated 27 Jul, 2021 10:41am

Opinion

PSGP project

The signing of an agreement between Pakistan and Russia on construction of $2.5 billion Pakistan-Stream Gas Pipeline...

Published 24 Jul, 2021 04:27am

PSM chairman levels allegations against PC

ISLAMABAD: Chairman, Pakistan Steel Mills (PSM) Board, Aamir Mumtaz, has reportedly accused Privatisation Commission...

Updated 20 Jul, 2021 09:38am

PSM revival: Transfer of land, core assets to subsidiary discussed

ISLAMABAD: The Privatisation Commission Board met Monday and discussed the allocation of 1,229 acres of land to be...

Published 20 Jul, 2021 06:05am

Revised valuation of core and non-core assets: PC convenes PSM Board meeting today

ISLAMABAD: The Privatisation Commission (PC) has convened its Board meeting on Monday (today) to approve revised...

Published 19 Jul, 2021 04:04am

Pakistan

PSM assets: PC Board to approve revised valuation of PSM today

ISLAMABAD: The Privatisation Commission (PC) Board is to meet on Friday (July 16) to approve revised valuation of...

Published 16 Jul, 2021 04:34am

PSMC: EoIs may be invited anytime soon

ISLAMABAD: The 5th Privatisation Commission Board meeting of the current year was held Friday under the chairmanship...

Published 10 Jul, 2021 03:25am

Tarin for two more valuations of PSM assets

ISLAMABAD: Finance Minister, Shaukat Tarin has sought two more valuations of assets of Pakistan Steel Mills (PSM) as...

Updated 09 Jul, 2021 02:49pm

Privatisation Commission set to give final nod to PSM revival plan

ISLAMABAD: Privatisation Commission’s (PC’s) Board of Directors (BoD) is all set to give final nod to the...

Updated 08 Jul, 2021 10:30am

Pakistan

SC rejects PSM employees' appeal

KARACHI: The Supreme Court (SC) on Friday rejected the appeal filed by the Pakistan Steel Mills' (PSM) employees...

Published 19 Jun, 2021 03:23am

Business & Finance

Senate takes up Finance Bill for discussion

ISLAMABAD: Leader of the House in Senate Dr Shahzad Waseem Monday said the federal government has presented...

Published 15 Jun, 2021 03:30am

Business & Finance

Pakistan Steel Mills: Sell-off process hangs in balance

ISLAMABAD: The privatisation process of Pakistan Steel Mills (PSM) is reportedly hanging in the balance due to...

Published 07 Jun, 2021 03:34am

Pakistan

PC to reconsider valuation of PSM today

ISLAMABAD: The Board of Privatisation Commission (PC), which is scheduled to meet on Thursday (June 3), is all set ...

Published 03 Jun, 2021 04:13am

Valuation of mills: PC, PSM board not on the same page

ISLAMABAD: Privatisation Commission (PC) and Pakistan Steel Mills (PSM) Board of Directors (BoD) are reportedly not...

Published 22 May, 2021 04:05am

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

PSM oxygen plant could be made operational in three months, says CM Murad

CM says the Sindh government is ready to spend Rs1 billion for making the Steel Mill oxygen plant operational as the country, especially the province would need oxygen supplies in case of a surge in coronavirus cases
Improving oxygen supplies would enable the provincial government in ensuring the proper treatment of critical patients: Murad

Updated 04 May, 2021 02:38pm

Business & Finance

Meeting reviews revival of PSMC

ISLAMABAD: Federal Minister for Privatisation Mohammed Mian Soomro and Minister for Industries and Production Khusro...

Published 01 May, 2021 03:28am

PSM sell-off process hits a snag

ISLAMABAD: The privatisation process of Pakistan Steel Mills (PSM) has reportedly hit a snag as Chairman PSM Board...

Updated 30 Apr, 2021 09:27am

Business & Finance

PSM oxygen plant may not be made operational, says Faraz

ISLAMABAD: Pakistan Steel Mills (PSM) oxygen plant may not be made operational in an emergency due to some problems,...

Updated 27 Apr, 2021 10:05am

Valuation of PSM assets: PC eagerly waiting for endorsement

ISLAMABAD: Privat-isation Commission (PC) is eagerly waiting for endorsement of valuation of Pakistan Steel Mills...

Updated 24 Apr, 2021 10:32am

PC’s body to finalize price of PSM assets, wording for EoI

ISLAMABAD: Privatisation Commission’s (PC’s) Transaction Committee is to meet on Tuesday (today) to finalise the...

Published 06 Apr, 2021 04:23am

Govt dithering over whether to privatise PSM?

Opinion

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.50
USD PKR Interbank Buying / Apr 24	278.25
USD to Japanese Yen / Apr 24	154.89
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.24
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
Nasdaq / Apr 23	15696.64
Dow Jones / Apr 23	38503.69
India Sensex / Apr 24	73884
Tokyo Nikkei / Apr 24	38460.08
Hang Seng / Apr 24	17176.31
FTSE 100 / Apr 24	8079.79
Germany DAX 30 / Apr 24	18202.76

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 24	293.94
Crude Oil USD/Barrel / Apr 24	83.46
Gold Spot USD/Ounce / Apr 24	2319
Diesel/Litre / Apr 24	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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