Clover Pakistan sets sights on oil marketing sector

15:40
April 21, 2025
MG

April 21, 2025 (MLN): Clover Pakistan Limited (PSX: CLOV) is eyeing a potential entry into the oil marketing sector, as its Board of Directors met today to discuss a strategic investment or acquisition in an Oil Marketing Company (OMC).

In a meeting held today, the management presented a proposal to explore the viability and feasibility of investing in or acquiring a business primarily engaged in oil marketing.

Following the discussion, the Board approved for the company to proceed with the exploration process.

The Board has also authorised the company to evaluate funding sources for the potential investment or acquisition.

This includes the appointment of advisors, valuators, and consultants to assist with feasibility assessments. Additionally, Clover Pakistan has been permitted to conduct due diligence, carry out valuations, finalise the transaction structure, and prepare all necessary documents for Board consideration.

Copyright Mettis Link News

Posted on: 2025-04-21T15:32:28+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	281.48000	281.73000	281.70000	281.70000	02:01 PM
2	EUR	1.12359	1.12361	1.12521	1.11802	05:01 AM
3	GBP	1.33433	1.33436	1.33583	1.32911	05:01 AM
4	CHF	0.83572	0.83577	0.84012	0.83459	05:01 AM
5	JPY	146.29300	146.29700	147.66700	146.12700	05:01 AM
6	CAD	1.39132	1.39139	1.39392	1.39078	05:01 AM
7	AUD	0.64901	0.64904	0.65011	0.64653	05:01 AM
8	INR	85.31190	85.34230	85.51300	84.98650	05:01 AM
9	SAR	3.75060	3.75080	3.75090	3.75080	02:01 PM
10	AED	3.67280	3.67320	3.67300	3.67290	01:55 PM
11	HKD	7.80103	7.80128	7.81126	7.79630	05:01 AM
12	CNH	7.20233	7.20267	7.21591	7.19121	05:01 AM
13	CNY	7.20710	7.20800	7.21860	7.20300	02:01 PM
14	THB	33.23600	33.25700	33.37000	33.19000	05:01 AM
15	MYR	4.30650	4.31150	4.31600	4.29730	05:00 AM
16	IDR	16,530.00000	16,552.00000	16,602.00000	16,542.80000	05:01 AM
17	SGD	1.29729	1.29744	1.30257	1.29628	05:01 AM
18	NZD	0.59577	0.59581	0.59689	0.59323	05:01 AM
19	MXN	19.35845	19.36505	19.42710	19.35099	05:01 AM
20	TRY	38.76700	38.77372	38.80940	38.73420	05:01 AM
21	SEK	9.67953	9.68132	9.74964	9.65606	05:01 AM
22	ZAR	18.19710	18.22710	18.32769	18.19180	05:01 AM
23	NOK	10.29240	10.29440	10.36897	10.28160	05:01 AM
24	DKK	6.63814	6.63870	6.67181	6.62916	05:01 AM
25	ARS	1,125.01000	1,125.02000	1,125.41651	1,124.71263	05:00 AM
26	BDT	119.82537	123.06584	119.82537	122.84667	08:00 PM
27	BHD	0.37695	0.37700	0.37698	0.37700	02:00 PM
28	BRL	5.61140	5.61440	5.61580	5.60710	04:58 AM
29	KRW	1,394.05000	1,397.37000	1,421.81000	1,395.27000	05:01 AM
30	KWD	0.30723	0.30733	0.30737	0.30721	02:01 PM
31	LKR	295.56686	301.86777	295.56686	301.34445	08:00 PM
32	OMR	0.38495	0.38500	0.38498	0.38500	02:00 PM
33	QAR	3.64220	3.64860	3.64500	3.64580	11:30 AM
34	RUB	80.14530	80.15331	80.64901	79.83013	05:00 AM
35	AFN	68.00000	73.00000	69.19530	70.81199	08:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	07:12 AM
37	TMT	3.36000	3.65000	3.36000	3.65000	08:00 PM
38	MVR	15.25000	15.65000	15.25000	15.65000	08:00 PM
39	UZS	12,905.00000	12,965.00000	12,905.00000	12,882.60137	08:00 PM
40	PHP	55.81100	55.83100	55.98600	55.64600	05:01 AM
42	NGN	1,602.31000	1,603.31000	1,603.21000	1,598.53000	05:01 AM
43	KES	128.25000	130.25000	128.50000	130.05000	03:56 AM
44	AMD	360.86395	414.87202	360.86395	414.59362	08:00 PM
45	TWD	30.17200	30.23500	30.42300	30.12700	05:01 AM
46	XAU	3,232.55000	3,233.88000	3,254.41000	3,222.38000	05:01 AM
47	XAG	32.83720	32.85280	32.95020	32.58580	05:01 AM
48	XPT	997.45000	1,006.45000	1,000.65000	991.00000	02:01 PM
49	XPD	957.45000	963.10000	960.21000	953.04240	02:01 PM
2,120	VES	92.82964	93.06236	92.82964	93.06236	08:00 PM
2,212	UGX	3,617.67340	3,698.68624	3,617.67340	3,692.09711	08:00 PM
2,213	TZS	2,695.48500	2,695.51500	2,697.98500	2,667.51500	04:08 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	Direction	DateTime
KSE100	119,460.54	118,414.834	118,200.45	-161.056	-0.136	209,738,748.0	25,431,370,726.320	-1	14/05/2025 02:17 PM
ALLSHR	73,824.89	73,279.418	73,194.08	-28.316	-0.039	457,115,881.0	32,756,844,479.020	1	14/05/2025 02:17 PM
KSE30	36,646.40	36,252.661	36,150.41	-48.997	-0.135	139,511,098.0	22,933,819,811.730	-1	14/05/2025 02:17 PM
KMI30	180,274.45	178,236.759	177,781.28	-638.871	-0.357	150,861,092.0	17,980,506,504.450	1	14/05/2025 02:17 PM
KMIALLSHR	51,217.98	50,822.450	50,749.86	-123.255	-0.242	329,894,694.0	25,257,969,376.680	1	14/05/2025 02:17 PM
BKTi	28,636.34	28,328.273	28,191.26	36.777	0.130	10,445,891.0	2,233,836,264.560	-1	14/05/2025 02:17 PM
OGTi	28,082.31	27,716.363	27,615.79	-303.676	-1.084	16,249,262.0	3,645,915,575.790	1	14/05/2025 02:17 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	103,935.0	104,955.0	103,740.0	-1,330.00
BRENT CRUDE	EB	66.3	66.6	66.1	-0.31
RICHARDS BAY COAL MONTHLY	EF	89.5	0.0	0.0	0.60
ROTTERDAM COAL MONTHLY	ET	97.8	0.0	0.0	1.65
USD RBD PALM OLEIN	POL	998.5	998.5	998.5	0.00
CRUDE OIL – WTI	QCL	63.4	63.7	63.2	-0.30
SUGAR #11 WORLD	SB	18.2	18.3	18.2	0.01

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