Trends - PIA - Business Recorder

PIA

CAA says news of resumption of flights to Europe premature

Says delegation left for Brussels on May 12 to attend forthcoming meeting of Air Safety Committee

Updated 13 May, 2024 09:14pm

Business & Finance

PIA’s privatisation: Call for utilisation of Turkish expertise

PESHAWAR: Prominent Businessman and Honorary Consul General of the Republic of Turkey, Salim Saifullah Khan has...

Published 13 May, 2024 06:08am

Pakistan

PIA to restore direct flights to Paris next month

KARACHI: Pakistan International Airlines (PIA) is gearing up to restore its direct flight operations to Paris next...

Updated 11 May, 2024 11:05pm

Business & Finance

Bidding for PIA core business to complete by June

ISLAMABAD: The federal government has set a target to complete, by June 2024, the bidding for Pakistan International...

Published 11 May, 2024 06:22am

Pakistan

PSO proposes swapping debt for stake in public sector companies

Everything will be done through competitive bidding and we will participate and if we win, the stakes will be offset against PSO’s receivables, says CEO Syed Muhammad Taha

Updated 09 May, 2024 10:28pm

SECP approves PIA’s Scheme of Arrangement

ISLAMABAD: The Securities and Exchange Commission of Pakistan has approved the Scheme of Arrangement between...

Updated 07 May, 2024 09:22am

CCP passes merger order: Holdco acquires 100pc stake of PIACL

Holdco now holds all the liabilities, and subsidiaries of PIA, including its business, property, rights, and obligations both domestically and internationally

Updated 05 May, 2024 01:52pm

Editorials

PPP puts its full weight behind PPP

EDITORIAL: Bilawal Bhutto Zardari, Chairman of the Pakistan People’s Party (PPP), on the occasion of the...

Published 04 May, 2024 05:48am

Business & Finance

Privatisation process of PIACL: CCP gives green light to SOA

ISLAMABAD: The Competition Commission of Pakistan (CCP) has given the green light to the Scheme of Arrangement (SoA)...

Updated 04 May, 2024 04:44pm

Markets

Buying spree returns as KSE-100 closes near 72,000 with 1,244-point gain

Benchmark index gains 1.76% amid developments on privatisation front

Updated 03 May, 2024 10:46pm

Active privatisation list: Six additional public sector entities added

ISLAMABAD: The federal government, on Thursday, added six additional public sector entities in active privatisation...

Updated 03 May, 2024 09:20am

PIA sell-off: EoIs submission deadline extended

ISLAMABAD: Federal Minister for Privatisation, Abdul Aleem Khan has announced that the government extended the...

Updated 03 May, 2024 07:19am

Pakistan

Arif Habib, Gerry’s Group among 10 bidders as Pakistan pushes back deadline for EoI to buy PIA

ISLAMABAD: Islamabad will push back the deadline for companies to express interest in buying national carrier...

Updated 03 May, 2024 09:30am

Pakistan

Rains return to UAE, PIA suspends flights to Dubai, Sharjah

Pakistan International Airlines (PIA) on Thursday suspended flight operations to Dubai and Sharjah as heavy rains...

Published 02 May, 2024 09:37pm

SOEs privatisation: PPP for exploring public-private partnerships

KARACHI: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has advocated for a pragmatic approach towards...

Updated 02 May, 2024 09:22am

Opinion

PIA privatisation

As Pakistan International Airlines Corporation (PIA) faces the prospect of privatization, it is imperative to...

Published 28 Apr, 2024 02:56am

Opinion

Will policymakers heed the advice?

Over the last several months, global lenders, IFIs, and credit rating agencies have been forthcoming in their views...

Updated 27 Apr, 2024 05:30am

Transparency in PIA privatisation stressed: Validity of Afghan refugees’ POR cards extended

ISLAMABAD: The federal cabinet has approved the extension in validity of proof of registration (POR) cards of Afghan...

Updated 27 Apr, 2024 02:34pm

Business & Finance

Tax administration & relevant laws: Business community supports PM’s resolve

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

Published 27 Apr, 2024 05:03am

Business & Finance

PIA restructuring: 2 milestones achieved

ISLAMABAD: Two significant milestones were achieved in the restructuring of the Pakistan International Airlines...

Published 23 Apr, 2024 03:41am

Pakistan

PIA planning to commence operations to Europe

KARACHI: The Pakistan International Airlines (PIA), after reporting operating profits for the first time in 13 ...

Published 21 Apr, 2024 04:10am

Business & Finance

PIA planning to commence operations to Europe

KARACHI: The Pakistan International Airlines (PIA), after reporting operating profits for the first time in 13 ...

Published 21 Apr, 2024 04:10am

Pakistan

Torrential rains: PIA flight operations disrupted by closure of Dubai airport

KARACHI: Pakistan International Airlines (PIA) has experienced significant disruptions to its flight operations due...

Published 19 Apr, 2024 05:07am

Pakistan

Crucial CCOP meeting postponed

ISLAMABAD: The first session of the Cabinet Committee on Privatization (CCoP) under Foreign Minister Ishaq Dar...

Published 06 Apr, 2024 05:28am

PIACL divestment: Prequalification criteria, committee approved

ISLAMABAD: The Privatisation Commission Board in the two sessions held on 2nd and 4th April 2024 gave approval of...

Updated 05 Apr, 2024 09:04am

Business & Finance

EOIs sought for PIACL divestment

ISLAMABAD: The Privatisation Commission on Tuesday invited expressions of interest (EOIs) for divestment of Pakistan...

Published 03 Apr, 2024 05:29am

Pakistan

Loans against PIA stand at Rs429.267bn, NA told

ISLAMABAD: The total amount of domestic and foreign loans against Pakistan International Airlines (PIA) stands at...

Published 02 Apr, 2024 04:38am

Business & Finance

PIA’s commercial debt negotiations: Govt, domestic lender banks successfully conclude

ISLAMABAD: The commercial debt negotiations of Pakistan International Airlines Corporation Limited (PIACL) have been...

Published 30 Mar, 2024 05:30am

Pakistan

Karachi airport: seven PIA flights cancelled

KARACHI: Seven flights of Pakistan International Airlines (PIA) were cancelled from Karachi’s Jinnah International...

Published 28 Mar, 2024 06:03am

No CCoP meeting under Dar’s chairmanship held so far

ISLAMABAD: Since the appointment of Ishaq Dar as Chairman of the Cabinet Committee on Privatisation (CCoP) on 22nd...

Updated 28 Mar, 2024 08:46am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	278.33
USD PKR Interbank Buying / May 13	278.13
USD to Japanese Yen / May 13	155.86
USD to Swiss Franc / May 13	0.91
Pound Sterling to USD / May 13	1.25
Euro to USD / May 13	1.08

Stock	Volume
S&P 500 / May 10	5222.68
Nasdaq / May 10	16340.87
Dow Jones / May 10	39512.84
India Sensex / May 13	72058.22
Tokyo Nikkei / May 13	38179.46
Hang Seng / May 13	19101.30
FTSE 100 / May 13	8440.89
Germany DAX 30 / May 13	18764.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 11	19935
Gold 10 Grams PKR / May 11	208762
Crude Oil USD/Barrel / May 13	78.49
Gold Spot USD/Ounce / May 13	2349.25
Cotton US¢/pound / May 13	77.67
Petrol/Litre / May 14	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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