MG Opinion
TRG: Proving Grounds
Supreme Court of Pakistan has handed a landmark victory to Mr. Ziaullah Khan Chishti, the founder and former CEO of TRG Pakistan Limited (TRG), and the company’s local shareholders, by dismissing appeals that sought to reverse a Sindh High Court’s judgment that deemed acquisition of a 30% stake in the PSX-listed technology company as both fraudulent and oppressive to minority shareholders.
Go to articlePakistan’s transition from: Debt Free to Debt Sustainability
“Retire the debt, save the country” once a popular political slogan-now a relic of the past. The vision of a debt-free nation has shifted from a plausible goal to a distant aspiration, drifting further out of reach over time, much like an ever-expanding universe.
Go to articlePakistan's OMCs caught in the crossfire
In the space of eight days, Pakistan's petroleum sector experienced something unprecedented. High-Speed Diesel the fuel that moves the country's trucks, powers its farms, and runs its factories swung from a record high of Rs. 520 per litre to Rs. 385 per litre, a single-notification collapse of Rs. 135 per litre.
Go to articleThe Exit That Keeps Giving — But Not to You
When Pak Suzuki Motor Company (PSMC) delisted from the Pakistan Stock Exchange in April 2024 at Rs609 per share, a price its own management proposed at Rs406 before a belated 50% bump, minority shareholders were told they were being offered a "fair exit."
Go to articlePIA’s Survival at Risk, Says Arif Habib
Arif Habib, chairman of the Pakistan International Airlines (PIA) consortium, recently warned that PIA could be forced to shut down if jet fuel prices remain elevated. While the economic rationale he presents is partly valid, his statement warrants a careful, critical reading given his dual role as both a stakeholder and public commentator.
Go to article| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 165,596.07 264.75M | -0.54% -902.76 |
| ALLSHR | 100,017.71 623.24M | -0.46% -463.69 |
| KSE30 | 49,464.92 86.97M | -0.60% -299.08 |
| KMI30 | 238,952.40 97.00M | -0.58% -1388.16 |
| KMIALLSHR | 65,314.16 323.73M | -0.44% -285.47 |
| BKTi | 44,788.98 46.84M | -0.77% -347.65 |
| OGTi | 35,107.09 7.04M | -0.41% -145.22 |
| Symbol | Bid/Ask | High/Low | |||
|---|---|---|---|---|---|
| PKR | 278.80 | 278.85 | 278.80 | 278.60 | 14:12:36 |
| EUR | 1.16 | 1.16 | 1.16 | 1.16 | 00:25:21 |
| GBP | 1.33 | 1.33 | 1.33 | 1.33 | 00:25:15 |
| CHF | 0.79 | 0.79 | 0.79 | 0.79 | 00:29:05 |
| JPY | 158.68 | 158.71 | 158.68 | 158.47 | 00:25:15 |
| CAD | 1.38 | 1.38 | 1.38 | 1.38 | 00:25:12 |
| AUD | 0.72 | 0.72 | 0.72 | 0.72 | 00:25:18 |
| INR | 95.96 | 95.98 | 95.96 | 95.98 | 20:32:04 |
| SAR | 3.75 | 3.75 | 3.75 | 3.75 | 16:59:59 |
| AED | 3.67 | 3.67 | 0.00 | 0.00 | 02:00:00 |
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 79,165.00 | 81,895.00 78,675.00 | -2455.00 -3.01% |
| BRENT CRUDE | 109.47 | 109.75 106.26 | 3.75 3.55% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -2.95 -2.61% |
| ROTTERDAM COAL MONTHLY | 109.00 | 109.00 108.75 | 1.25 1.16% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 101.16 | 101.57 97.23 | 4.24 4.37% |
| SUGAR #11 WORLD | 14.78 | 15.07 14.67 | -0.21 -1.40% |
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