Trends - SOEs - Business Recorder

SOEs

SOEs: experts raise alarm over ‘economic drain’

ISLAMABAD: Former Governor State Bank of Pakistan (SBP) Shahid Kardar, Wednesday, raised alarm over the economic...

Published 19 Jun, 2025 05:53am

Business & Finance

‘Pakistan confronting significant economic challenges due to SOEs’ financial performance’

ISLAMABAD: Prominent international governance risk expert, Muhammad Ghazali Aqeeq, has stressed that Pakistan is...

Published 18 Jun, 2025 06:51am

Business & Finance

Rs354.8bn tagged for SOEs

ISLAMABAD: The federal government has budgeted Rs354.817 billion to State-Owned Enterprises (SOEs) under the Public...

Published 11 Jun, 2025 07:27am

Budget 2025-26

Privatisation: Rs86.5bn target set

ISLAMABAD: Federal government has budgeted Rs 86.550 billion collection from privatization proceeds in the next...

Updated 11 Jun, 2025 09:25am

Opinion

Who’s afraid of the Budget?

Is it the government? If the budget is to be strategic, as the finance minister says, and if it has to reflect the...

Updated 10 Jun, 2025 07:41am

Budget 2025-26

Budget FY26: APCC proposes historic Rs4.083trn outlay

ISLAMABAD: The Annual Plan Coordination Committee (APCC) on Monday recommended the highest-ever national development...

Updated 03 Jun, 2025 09:05am

Panel suggests review of USC sell-off decision

ISLAMABAD: The 9th meeting of the Standing Committee on Privatisation held Friday under the chairmanship of Muhammad...

Updated 31 May, 2025 09:00am

Business & Finance

PIA privatisation: govt extends deadline for bids to June 19

The government has extended the deadline to submit Expression of Interest (EoI) for buying Pakistan International...

Updated 27 May, 2025 07:34pm

Editorials

Privatisation and the IMF

EDITORIAL: The International Monetary Fund’s (IMF’s) first staff-level report uploaded on its website this...

Published 20 May, 2025 05:58am

IMF projects Pakistan’s external debt to rise to $126.731bn by FY26

ISLAMABAD: The International Monetary Fund (IMF) has projected increase in Pakistan’s external debt to reach...

Updated 19 May, 2025 09:54am

Business & Finance

Privatisation revenue projected at ‘zero’ for current, next four years

ISLAMABAD: Privatisation revenue is projected at zero for the current year as well as for the next four years. ...

Published 19 May, 2025 06:15am

Business & Finance

Constitution of ADRCs: Three SOEs directed to approach FBR

ISLAMABAD: Appellate Tribunal Inland Revenue, Islamabad has directed three leading State-Owned Enterprises (SOEs) to...

Updated 14 May, 2025 06:17am

Pakistan govt’s debt stock soars to Rs73.6trn by March-end

Rising domestic borrowings fueled by fiscal deficit financing push the debt burden up

Updated 13 May, 2025 09:32am

SOEs’ performance: PM directs ministries, divisions to implement monitoring system

Pakistan’s state-owned enterprises collectively incurred losses of Rs851 billion in fiscal year 2024 (FY24)

Updated 03 May, 2025 03:49pm

China, KSA, UAE briefed about economy

Minister for Finance and Revenue Muhammad Aurangzeb hold meetings on sidelines of the IMF-World Bank Spring Meetings in Washington

Updated 25 Apr, 2025 09:20am

Business & Finance

Fresh criteria for pre-qualification: Govt aims to sell 51-100pc stake in PIA

ISLAMABAD: The federal government is hoping to offload 51 to 100 percent shares in Pakistan International Airlines...

Published 25 Apr, 2025 06:05am

Business & Finance

PIA privatisation: govt restarts airline sale process with fresh EOI call

Pakistan government announced on Thursday that it was seeking fresh bids for the privatisation of the Pakistan...

Updated 24 Apr, 2025 09:04pm

No deviation from framework: SOEs can frame own procurement rules: PPRA Board

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) Board has affirmed that State-Owned Entities (SOEs)...

Updated 24 Apr, 2025 09:29am

Business & Finance

Insurance Industry: CCP offers strategic recommendations for reform

ISLAMABAD: The Competition Commission of Pakistan (CCP) has strongly recommended to end support to the State-Owned...

Published 18 Apr, 2025 07:29am

Business & Finance

ATIR Islamabad orders transfer of tax appeals involving SOEs to ADRC

ISLAMABAD: In a major development in tax litigation, the Appellate Tribunal Inland Revenue (ATIR), Islamabad has...

Published 18 Apr, 2025 05:52am

Business & Finance

PC tells Senate panel: PIA, Roosevelt and ZTBL lead the sell-off list

ISLAMABAD: The Privatization Commission, Friday, informed the Senate Standing Committee on Privatization that there...

Published 12 Apr, 2025 05:40am

Business & Finance

Govt to seek fresh bids for PIA, says adviser

ISLAMABAD: The government will seek fresh expressions of interest for the sale of Pakistan International Airlines...

Published 11 Apr, 2025 05:38am

PM announces cut in power tariffs

Declares a decrease in electricity prices for residential consumers by Rs7.41 per unit

Updated 04 Apr, 2025 03:29pm

Funding BMRL share in Reko Diq: ECC asks PD to examine Centre’s commitment

Directs review of federal funding for Balochistan's stake citing project revenue, NFC share

Updated 30 Mar, 2025 04:37pm

Editorials

IMF-Pakistan SLA

EDITORIAL: Exactly ten days after the end of a two-week mission on the first review of the 7 billion dollar...

Published 27 Mar, 2025 05:23am

Business & Finance

Reko Diq Project: OGDCL completes updated feasibility study

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has announced the completion of the updated...

Published 26 Mar, 2025 05:25am

SLA delay: Trust deficit cited as possible cause

ISLAMABAD: The delay in reaching a staff level agreement under the International Monetary Fund’s ongoing Extended...

Updated 18 Mar, 2025 09:29am

Editorials

One-year achievements

EDITORIAL: Prime Minister Shehbaz Sharif highlighted his government’s one-year achievements though he hastened to...

Updated 10 Mar, 2025 06:16am

PPRA lacks clarity about procurement powers of SOEs

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) is reportedly unaware if the State Owned Entireties...

Updated 08 Mar, 2025 02:51pm

Opinion

IMF programme & our vulnerabilities

Pakistan’s economy has been perpetually struggling through recurrent turbulent phases, facing severe fiscal and...

Published 28 Feb, 2025 07:01am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 23	283.90
USD PKR Interbank Buying / Jun 23	283.60
USD to Japanese Yen / Jun 23	147.27
USD to Swiss Franc / Jun 23	0.82
Pound Sterling to USD / Jun 23	1.34
Euro to USD / Jun 23	1.15
UK LIBOR % / Jun 20	4.96

Stock	Volume
S&P 500 / Jun 20	5,967.84
Nasdaq / Jun 20	19,447.41
Dow Jones / Jun 20	42,206.82
India Sensex / Jun 23	81,805.29
Tokyo Nikkei / Jun 23	38,354.09
Hang Seng / Jun 23	23,650.62
FTSE 100 / Jun 23	8,779.33
Germany DAX 30 / Jun 23	23,247.79
France CAC40 / Jun 23	7,558.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 20	16,785
Gold 10 Grams PKR / Jun 20	306,069
Petrol/Litre / Jun 23	258.43
Crude Oil USD/Barrel / Jun 23	74.78
Gold Spot USD/Ounce / Jun 23	3,353.56
Diesel/Litre / Jun 23	262.59
Cotton US¢/pound / Jun 23	66.65

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 23 Crescent Jute Products Limited(CJPL)	7.49 ▲ 1 (15.41%)
AN Textile Mills / Jun 23 AN Textile Mills Limited(ANTM)	25.70 ▲ 2.34 (10.02%)
Leather Up Ltd. / Jun 23 Leather Up Limited(LEUL)	42.90 ▲ 3.9 (10%)
Rupali polyester / Jun 23 Rupali Polyester Limited(RUPL)	27.07 ▲ 2.46 (10%)
Frontier Ceram / Jun 23 Frontier Ceramics Limited(FRCL)	36.30 ▲ 3.3 (10%)
Karam Ceramics / Jun 23 Karam Ceramics Limited(KCL)	66.80 ▲ 6.07 (10%)
Shams Textile / Jun 23 Shams Textile Mills Limited(STML)	34.67 ▲ 3.15 (9.99%)
First Elite Cap.Mod / Jun 23 First Elite Capital Modaraba(FECM)	36.88 ▲ 3.35 (9.99%)
Jubilee Spinning / Jun 23 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	12.35 ▲ 1.12 (9.97%)
Fazal Cloth / Jun 23 Fazal Cloth Mills Limited(FZCM)	205.54 ▲ 18.54 (9.91%)

Stock	Price
United BankXD / Jun 23 United Bank Limited(UBL)	261.81 ▼ -262.38 (-50.05%)
First Prudential Mod. / Jun 23 First Prudential Modaraba(PMI)	3.49 ▼ -0.61 (-14.88%)
First Fid. Leasing / Jun 23 First Fidelity Leasing Modaraba(FFLM)	2.31 ▼ -0.34 (-12.83%)
Invest Bank / Jun 23 Invest Capital Investment Bank Limited(ICIBL)	7.21 ▼ -0.98 (-11.97%)
Askari Life Assur. / Jun 23 Askari Life Assurance Company Limited(ALAC)	6.99 ▼ -0.95 (-11.96%)
Ghani Chemworld / Jun 23 Ghani Chemworld Limited(GCWL)	7.98 ▼ -1 (-11.14%)
Yousuf Weaving / Jun 23 Yousaf Weaving Mills Limited(YOUW)	4.22 ▼ -0.52 (-10.97%)
F.Credit & Inv / Jun 23 First Credit and Investment Bank Limited(FCIBL)	7.75 ▼ -0.88 (-10.2%)
LSE Financial Serv. / Jun 23 LSE Financial Services Limited(LSEFSL)	32.36 ▼ -3.6 (-10.01%)
Chashma / Jun 23 Chashma Sugar Mills Limited(CHAS)	57.60 ▼ -6.4 (-10%)

Stock	Volume
WorldCall Telecom / Jun 23 Worldcall Telecom Limited(WTL)	53,303,035 ▼ -0.1
Sui South Gas / Jun 23 Sui Southern Gas Company Limited(SSGC)	35,996,379 ▼ -4.2
Pervez Ahmed Consultancy / Jun 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	24,022,793 ▼ -0.12
K-Electric Ltd. / Jun 23 K-Electric Limited(KEL)	23,740,292 ▼ -0.24
Kohinoor Spining / Jun 23 Kohinoor Spinning Mills Limited(KOSM)	22,523,059 ▼ -0.54
Fauji Cement / Jun 23 Fauji Cement Company Limited(FCCL)	16,264,731 ▼ -4.16
Cnergyico PK / Jun 23 Cnergyico PK Limited(CNERGY)	14,226,103 ▼ -0.48
Maple Leaf Cement / Jun 23 Maple Leaf Cement Factory Limited(MLCF)	14,036,410 ▼ -5.02
Dewan Cement / Jun 23 Dewan Cement Limited(DCL)	13,766,080 ▼ -1.36
B.O.Punjab / Jun 23 The Bank of Punjab(BOP)	13,746,025 ▼ -0.36

Markets →

SOEs

Most Popular