Trends - SOEs privatisation - Business Recorder

SOEs privatisation

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

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

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

Macroeconomic reform, investment and sell-off: IFC willing to support key initiatives

ISLAMABAD: The International Finance Corporation (IFC) has expressed a strong interest in supporting Pakistan’s...

Updated 15 Apr, 2025 02:37pm

Editorials

The open economy syndrome

EDITORIAL: A parliamentary fact-finding committee has concluded that the open skies policy of PIA led to a decrease...

Published 27 Feb, 2025 06:44am

Pakistan

Govt aims to privatise up to 50 SOEs in next 3-4 years: minister

One-third of state-owned enterprises strategic assets, Minister for Economic Affairs Ahad Cheema tells World Bank delegation

Updated 17 Feb, 2025 11:00pm

Opinion

The upside of IMF engagement

While the economists and critics of the country widely debate the downside of the IMF (International Monetary Fund)...

Updated 08 Feb, 2025 07:10am

Business & Finance

SOEs: PM for rapid, transparent sell-off process

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said the privatisation of the designated institutions should be...

Published 07 Feb, 2025 06:32am

Business & Finance

Privatisation of loss-making SOEs: Gilani supports proposal

LAHORE: Chairman Senate Syed Yousuf Raza Gilani on Monday supported LCCI’s proposals to restructure or privatize...

Published 31 Dec, 2024 06:32am

Azerbaijan invited to join SOE sell-off drive

ISLAMABAD: Federal Minister for Board of Investment, Privatisation and Communications, Abdul Aleem Khan held a...

Updated 20 Nov, 2024 09:17am

Markets

PIA ‘national asset’, provinces welcome to buy airline on PC’s minimum expected price, says Aleem Khan

Minister says federal cabinet to decide if creation of new framework required for privatisation of PIA

Published 03 Nov, 2024 11:01pm

Editorials

Complexities of SOE reforms

EDITORIAL: Poorly performing state-owned enterprises (SOEs), wracked with chronic inefficiencies and ringing up...

Updated 26 Oct, 2024 07:42am

Markets

Privatisation of SOEs: cabinet committee approves WAPDA, NHA as essential entities

The Cabinet Committee on State-Owned Enterprises (CCoSOEs) has decided to categorise the Water and Power Development...

Updated 12 Sep, 2024 10:04pm

Legislation related to privatisation of loss-making SOEs: Minister says govt will need support of Parliament

Finance Minister Muhammad Aurangzeb says loss-making state-owned enterprises causing one trillion rupees of 'drag' to the exchequer

Updated 11 Sep, 2024 09:34am

Markets

Categorisation of SOEs: SMEDA declared as essential, PNSC as strategic

TCP may be categorised as essential SOE under SOEs Policy 2023, Cabinet Committee on State-Owned Enterprises decides

Updated 02 Sep, 2024 10:36pm

Loss-making SOEs’ sell-off high priority: Aleem

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

Updated 30 Aug, 2024 09:15am

Business & Finance

Merger, dissolution of 82 SOEs endorsed

ISLAMABAD: The federal cabinet, on Tuesday, took significant steps towards institutional reforms, focusing on...

Published 28 Aug, 2024 06:22am

Markets

Federal cabinet approves merger, dissolution of 82 SOEs

PM Shehbaz constitutes committee to protect interests of employees to be affected, Ministry of Information and Broadcasting says

Published 27 Aug, 2024 10:05pm

Finnish financier apprised of Pakistan’s potential investment scope

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with Antti Partanen,...

Updated 27 Aug, 2024 08:57am

Opinion

Business is not the government’s business

According to a World Bank assessment, Pakistan’s state-owned enterprises (SOEs) exhibit the lowest profitability...

Published 12 Aug, 2024 06:36am

2024-29 sell-off roadmap presented to Dar

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) meeting held with the Deputy Prime Minister/Foreign...

Updated 03 Aug, 2024 12:17pm

NA panel briefed about PIA sell-off progress

ISLAMABAD: Pakistan International Airlines (PIA), burdened by Rs200 billion in debts and owning Rs145 billion in...

Updated 23 Jul, 2024 09:40am

Opinion

The way forward

Sale of state-owned entities (SOEs) and not resuscitating the non-operational Pakistan Steel Mills is the mantra of...

Updated 22 Jul, 2024 07:11am

Editorials

Transactions expected to be finalised in the first quarter of the current fiscal year (2024-25)

Updated 03 Jul, 2024 10:25am

Rs30bn sell-off income target set

ISLAMABAD: The federal government has set a budgeted target of collecting Rs30 billion through privatisation...

Updated 13 Jun, 2024 09:33am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 13	143.75
USD to Swiss Franc / Jun 13	0.81
Pound Sterling to USD / Jun 13	1.36
Euro to USD / Jun 13	1.15
UK LIBOR % / Jun 12	4.96

Stock	Volume
S&P 500 / Jun 12	6,045.26
Nasdaq / Jun 12	19,662.48
Dow Jones / Jun 12	42,967.62
India Sensex / Jun 13	81,216.80
Tokyo Nikkei / Jun 13	37,834.25
Hang Seng / Jun 13	23,892.56
FTSE 100 / Jun 13	8,839.41
Germany DAX 30 / Jun 13	23,434.96
France CAC40 / Jun 13	7,687.50

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 12	16,485
Gold 10 Grams PKR / Jun 12	305,984
Petrol/Litre / Jun 13	253.63
Crude Oil USD/Barrel / Jun 13	72.11
Gold Spot USD/Ounce / Jun 13	3,421.89
Diesel/Litre / Jun 13	254.64
Cotton US¢/pound / Jun 13	67.63

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.93 ▲ 1 (51.81%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	2.75 ▲ 0.63 (29.72%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	2.46 ▲ 0.33 (15.49%)
Grays Leasing / Jun 13 Grays Leasing Limited(GRYL)	7.55 ▲ 0.94 (14.22%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)
LSE Financial Serv. / Jun 13 LSE Financial Services Limited(LSEFSL)	42.97 ▲ 3.91 (10.01%)
Blessed Tex. / Jun 13 Blessed Textiles Limited(BTL)	292.29 ▲ 26.57 (10%)

Stock	Price
Kohinoor Power / Jun 13 Kohinoor Power Company Limited(KOHP)	6.01 ▼ -0.67 (-10.03%)
Al-Khair Gadoon / Jun 13 Al-Khair Gadoon Limited(AKGL)	41.11 ▼ -4.57 (-10%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.53 ▼ -3.39 (-9.99%)
Reliance Weaving / Jun 13 Reliance Weaving Mills Limited(REWM)	123.76 ▼ -13.74 (-9.99%)
Calcorp Ltd / Jun 13 Calcorp Limited(CASH)	44.15 ▼ -4.85 (-9.9%)
Blue-Ex Ltd / Jun 13 Blue-Ex Limited (GEM)(GEMBLUEX)	59.14 ▼ -6.46 (-9.85%)
Redco Textile / Jun 13 Redco Textiles Limited(REDCO)	23.51 ▼ -2.48 (-9.54%)
Hafiz Ltd. / Jun 13 Hafiz Limited(HAFL)	273 ▼ -28 (-9.3%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	89,164,212 ▲ 1
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	23,426,356 ▲ 0.63
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	20,171,208 ▲ 0
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	18,225,297 ▲ 0.86
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	15,378,811 ▼ -0.35
K-Electric Ltd. / Jun 13 K-Electric Limited(KEL)	14,843,734 ▼ -0.14
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	13,772,770 ▲ 1
Maple Leaf Cement / Jun 13 Maple Leaf Cement Factory Limited(MLCF)	13,768,587 ▼ -0.59
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	13,400,826 ▼ -0.72
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	11,564,586 ▼ -0.27

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SOEs privatisation

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