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PIA

PIACL divestment: Six companies pre-qualify

ISLAMABAD: The Privatisation Commission Board met on Monday under the chairmanship of Minister for Privatisation/...

Published 04 Jun, 2024 06:28am

Business & Finance

PIA sell-off: 6 companies/consortiums pre-qualified for privatisation process

Air Blue, Arif Habib Corporation, Blue World City, Fly Jinnah, Pak Ethanol Consortium, and YB Holdings Consortium included in the list

Updated 03 Jun, 2024 10:58pm

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

Federation, provinces on one page for development: Tarar

ISLAMABAD: Minister for Information, Broadcasting, National Heritage and Culture, Attaullah Tarar stated on Saturday...

Updated 26 May, 2024 09:08am

Pakistan

172 students from Kyrgyzstan land in Quetta

QUETTA: A special flight carrying Pakistani students from Bishkek, the capital of Kyrgyzstan, landed at the Quetta...

Published 25 May, 2024 06:33am

Pakistan

PIA announces big discount for students

KARACHI: Pakistan International Airlines (PIA) has announced 20 percent discount for Pakistani students travelling ...

Published 24 May, 2024 05:35am

Opinion

Privatisation of SOEs: a focus on PIA

Pakistan’s economy is confronting numerous challenges like fiscal deficits, low savings, limited investment, low...

Updated 23 May, 2024 05:55am

Bidding process for PIA to be aired live: Aleem

Says everyone has contributed to PIA's destruction, no option left but to privatise it

Updated 23 May, 2024 11:01am

Pakistan

Catering van catches fire at JIAP

KARACHI: A catering van caught fire at Karachi's Jinnah International Airport on Tuesday, no damage was reported....

Published 22 May, 2024 05:54am

Business & Finance

PIA privatisation: Fly Jinnah, Air Blue among 8 entities that submit Statement of Qualifications

The Ministry of Privatisation said that it has received Statement of Qualifications from eight entities after the...

Published 17 May, 2024 07:22pm

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

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

Business & Finance

‘Ease of Doing Business’ and ‘One Stop Shop’: BoI’s fast-track platforms to boost investment: Aleem

ISLAMABAD: Federal Minister for Board of Investment, Privatization and Communications, Abdul Aleem Khan has said the...

Published 16 May, 2024 06:28am

PIACL sell-off: Pre-qualification process to be completed by May-end, PM told

ISLAMABAD: Prime Minister Shehbaz Sharif was apprised on Tuesday that the pre-qualification process for the...

Updated 15 May, 2024 09:17am

Business & Finance

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	278.37
USD PKR Interbank Buying / Jun 5	278.17
USD to Japanese Yen / Jun 5	155.60
USD to Swiss Franc / Jun 5	0.89
Pound Sterling to USD / Jun 5	1.28
Euro to USD / Jun 5	1.09

Stock	Volume
S&P 500 / Jun 4	5291.34
Nasdaq / Jun 4	16857.05
Dow Jones / Jun 4	38711.29
India Sensex / Jun 5	72308.07
Tokyo Nikkei / Jun 5	38420.98
Hang Seng / Jun 5	18505.56
FTSE 100 / Jun 5	8241.17
Germany DAX 30 / Jun 5	18493.26

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 4	19935
Gold 10 Grams PKR / Jun 4	206619
Petrol/Litre / Jun 5	268.36
Crude Oil USD/Barrel / Jun 5	73.20
Gold Spot USD/Ounce / Jun 5	2337.34
Diesel/Litre / Jun 5	270.22

Gainers
Losers
Leaders

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

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

Stock	Volume
P.I.A.C.(A) / Jun 5 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 5 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 5 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 5 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 5 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 5 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 5 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 5 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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