Trends - PSM - Business Recorder

PSM

Somroo voices for shifting towards digitization, e-office, e-filing

The minister was briefed that the detailed meetings are being held with potential investors regarding the revival of PSM.

Published 14 Jan, 2021 07:28pm

NA body asks govt to reinstate PSM employees

ISLAMABAD: The National Assembly (NA) Standing Committee on Industries and Production Wednesday while rejecting the...

Published 07 Jan, 2021 03:15am

Business & Finance

PSM CEO seeks Labour Court Approval to Lay-off More Workers

The CEO of Pakistan Steel Mills (PSM) submitted a plea to the labour court in Karachi today, seeking permission to lay-off more employees.

Published 07 Dec, 2020 02:41pm

Business & Finance

17 Cos keen to run Pakistan Steel Mills

The official informed that the government does not intend to privatize PSM completely.

Published 01 Dec, 2020 02:36pm

Pakistan

Bilawal vows to restore sacked Pakistan Steel Mills employees

"We will not let the PTI get away with this economic murder," Bilawal tweeted.

Published 28 Nov, 2020 03:09pm

Business & Finance

Govt appoints Brigadier (retd) Shuja Hassan as Pakistan Steel Mills CEO

As per details, a notification has also been issued for the appointment of Shuja Hassan as CEO of the Steel Mills on Friday.

Published 07 Aug, 2020 04:02pm

Business & Finance

Chinese, Russian companies eye to purchase PSM, informs Azhar

We have received expressions of interest from 12 global companies for the privatization of the PSM, and six of them have visited the facility, said Azhar.

Published 16 Jul, 2020 02:15pm

Business & Finance

Govt to privatize PSM after debt restructuring, Hammad tells Senate

He said that it was not possible to continue recruiting in government departments despite sustaining deficits.

Published 05 Jun, 2020 02:59pm

Business & Finance

Number of tax filers increase by over 60pc in one year, says Azhar

The government intends to phase out import-based duties and focus on domestic taxation.

Published 05 Jun, 2020 12:10pm

Pakistan

PSM has become burden on tax payer, says Azhar

Minister says government has decided to privatize Pakistan Steel Mills in order to revive and steer it out of losses.

Published 04 Jun, 2020 03:17pm

Pakistan

ECC sets up body for hedging imported petroleum prices

OGRA would also be given the policy direction to include the monthly price of the Option in the cost of LNG.

Published 04 Jun, 2020 01:52am

ECC approves termination of all PSM employees

The ECC move will not be finalized until the federal cabinet approves it.

Published 03 Jun, 2020 03:52pm

Gainers
Losers
Leaders

Stock	Price
Samin Textile / Jul 4 Samin Textiles Limited(SMTM)	7.45 ▲ 0.91 (13.91%)
Elite Cap.Mod / Jul 4 First Elite Capital Modaraba(FECM)	3.35 ▲ 0.35 (11.67%)
HBL Growth Fund / Jul 4 HBL Growth Fund(HGFA)	5.70 ▲ 0.54 (10.47%)
Safe Mix Con.Lt / Jul 4 Safe Mix Concrete Limited(SMCPL)	7.18 ▲ 0.67 (10.29%)
Dawood Equities / Jul 4 Dawood Equities Limited(DEL)	7.50 ▲ 0.54 (7.76%)
AKD Hospitality / Jul 4 AKD Hospitality Limited(AKDHL)	164.69 ▲ 11.49 (7.50%)
AL-Noor Sugar / Jul 4 Al-Noor Sugar Mills Limited(ALNRS)	51.76 ▲ 3.61 (7.50%)
K.S.B.Pumps / Jul 4 KSB Pumps Company Limited(KSBP)	152.80 ▲ 10.66 (7.50%)
Sanofi-Aventis / Jul 4 Sanofi-Aventis Pakistan Limited(SAPL)	1234.61 ▲ 86.13 (7.50%)
Artistic Denim / Jul 4 Artistic Denim Mills Limited(ADMM)	61.27 ▲ 4.27 (7.49%)

Stock	Price
Dewan Sugar / Jul 4 Dewan Sugar Mills Limited(DWSM)	2.28 ▲ -0.71 (-23.75%)
First IBL Mod. / Jul 4 First IBL Modaraba(FIBLM)	4.10 ▲ -0.75 (-15.46%)
First Tri-Star Mod. / Jul 4 First Tri-Star Modaraba(FTSM)	7.00 ▲ -1.00 (-12.50%)
Popular Islamic / Jul 4 Popular Islamic Modaraba(PIM)	7.37 ▲ -0.99 (-11.84%)
Tri-Star Power / Jul 4 Tri-Star Power Limited(TSPL)	3.35 ▲ -0.44 (-11.61%)
Premier Insurance / Jul 4 Premier Insurance Limited(PINL)	3.84 ▲ -0.50 (-11.52%)
Unicap Modaraba / Jul 4 Unicap Modaraba(UCAPM)	1.59 ▲ -0.20 (-11.17%)
Pak Gen.Ins. / Jul 4 The Pakistan General Insurance Co. Ltd.(PKGI)	10.60 ▲ -0.89 (-7.75%)
Crescent Cotton / Jul 4 Crescent Cotton Mills Limited(CCM)	42.24 ▲ -3.42 (-7.49%)
BIPL Securities / Jul 4 BIPL Securities Limited(BIPLS)	35.76 ▲ -2.84 (-7.36%)

Stock	Volume
Sui North Gas / Jul 4 Sui Northern Gas Pipelines Limited(SNGP)	12,423,075 ▼ 0.00
Agritech Limited / Jul 4 Agritech Limited(AGL)	8,018,000 ▼ 0.00
Pak Refinery / Jul 4 Pakistan Refinery Limited(PRL)	4,293,808 ▼ 0.00
Maple Leaf / Jul 4 Maple Leaf Cement Factory Limited(MLCF)	3,269,271 ▼ 0.00
WorldCall Telecom / Jul 4 Worldcall Telecom Limited(WTL)	2,995,500 ▼ 0.00
K-Electric Ltd. / Jul 4 K-Electric Limited(KEL)	2,381,500 ▼ 0.00
Ghani Glo Hol / Jul 4 Ghani Global Holdings Limited(GGL)	2,034,017 ▼ 0.00
Cnergyico PK / Jul 4 Cnergyico PK Limited(CNERGY)	2,016,842 ▼ 0.00
D.G.K.Cement / Jul 4 D.G. Khan Cement Company Limited(DGKC)	1,952,686 ▼ 0.00
Telecard Limited / Jul 4 Telecard Limited(TELE)	1,681,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	204.90
USD PKR Interbank Buying / Jun 30	204.70
USD to Japanese Yen / Jul 1	135.21
USD to Swiss Franc / Jul 1	0.96
Pound Sterling to USD / Jul 1	1.21
Euro to USD / Jul 1	1.04
UK LIBOR % / Jul 1	1.58

Stock	Volume
S&P 500 / Jul 1	3825.33
India Sensex / Jul 1	52907.93
Tokyo Nikkei / Jul 1	26935.62
Nasdaq / Jul 1	11127.84
Hang Seng / Jul 1	21859.79
FTSE 100 / Jul 1	7168.65
Dow Jones / Jul 1	31097.26
Germany DAX 30 / Jul 1	12813.03
France CAC40 / Jul 1	5931.06

Item	Value
Crude Oil USD/Barrel / Jul 1	108.43
Karachi Cotton PKR/37.32 KG / Jul 1	17380.00
Gold 10 Grams PKR / Jul 1	119100.00
Gold Spot USD/Ounce / Jul 1	1811.43
Cotton US¢/pound / Jul 1	97.48

PSM

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