Financial advisors update privatization minister on PIA divestment progress

09:50
March 15, 2024

March 15, 2024 (MLN): The financial advisors, a consortium led by Earnest & Young, on Thursday briefed the Federal Minister for Privatization, Abdul Aleem Khan regarding the progress to date and the future course of action for the divestment of Pakistan International Airlines Corp (PSX: PIAA).

The Minister was apprised of the restructuring and segregation plan being carried out as per approval of the cabinet besides the timelines for the privatization of PIACL.

The minister appreciated the progress made so far and issued necessary instructions for speeding up of the process.

The Minister noted that PIA is a tremendous investment opportunity for any prospective buyer given the legacy, goodwill and potential of the airline.

The Secretary, Privatisation Division, Jawad Paul and Secretary, Privatisation Commission, Usman Akhtar Bajwa were also present in the meeting.

Copyright Mettis Link News

Posted on: 2024-03-15T09:47:27+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.10000	278.30000	278.30000	278.10000	10:08 AM
2	EUR	1.07338	1.07344	1.07344	1.07338	01:10 AM
3	GBP	1.25494	1.25509	1.25508	1.25494	01:10 AM
4	CHF	0.90910	0.90950	0.90950	0.90910	01:10 AM
5	JPY	152.96900	152.98500	152.98500	152.96900	01:10 AM
6	CAD	1.36648	1.36662	1.36662	1.36648	01:10 AM
7	AUD	0.65759	0.65765	0.65765	0.65759	01:10 AM
8	INR	83.35890	83.36090	83.36090	83.35890	01:10 AM
9	SAR	3.75020	3.75090	3.75090	3.75020	10:09 AM
10	AED	3.67240	3.67340	3.67340	3.67240	10:09 AM
11	HKD	7.81357	7.81387	7.81387	7.81357	01:10 AM
12	CNH	7.19937	7.19997	7.19997	7.19937	01:10 AM
13	CNY	7.24010	7.24210	7.24210	7.24010	08:21 PM
14	THB	36.78100	36.80200	36.80200	36.78100	01:10 AM
15	MYR	4.73550	4.74050	4.74050	4.73550	12:28 AM
16	IDR	16,081.00000	16,084.90000	16,084.90000	16,081.00000	01:10 AM
17	SGD	1.35259	1.35322	1.35322	1.35259	01:10 AM
18	NZD	0.59696	0.59705	0.59705	0.59696	01:10 AM
19	MXN	16.95940	16.98940	16.98940	16.95940	01:10 AM
20	TRY	32.39120	32.40120	32.40120	32.39120	01:10 AM
21	SEK	10.85190	10.85610	10.85612	10.85190	01:10 AM
22	ZAR	18.52790	18.55790	18.55790	18.52790	01:10 AM
23	NOK	10.96690	10.97890	10.97885	10.96691	01:10 AM
24	DKK	6.94720	6.94820	6.94820	6.94720	01:10 AM
25	ARS	878.26200	878.27100	878.27056	878.26217	01:10 AM
26	BDT	107.79500	111.15000	111.14994	107.79531	09:00 PM
27	BHD	0.37703	0.37713	0.37713	0.37703	10:09 AM
28	BRL	5.11030	5.11330	5.11330	5.11030	01:09 AM
29	KRW	1,362.71000	1,364.71000	1,364.71000	1,362.71000	01:10 AM
30	KWD	0.30748	0.30808	0.30808	0.30748	10:01 AM
31	LKR	293.08500	299.60800	299.60816	293.08521	09:00 PM
32	OMR	0.38494	0.38501	0.38501	0.38494	10:09 AM
33	QAR	3.64600	3.64800	3.64800	3.64600	10:09 AM
34	RUB	92.49000	93.76000	93.76000	92.49000	09:40 PM
35	AFN	71.36230	73.22610	73.22608	71.36234	09:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:26 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	08:00 PM
38	MVR	14.76000	14.93000	14.93000	14.76000	08:00 PM
39	UZS	12,650.00000	12,725.00000	12,725.00000	12,650.00000	10:04 PM
40	PHP	57.47500	57.49600	57.49600	57.47500	01:10 AM
42	NGN	1,372.45000	1,373.45000	1,373.45000	1,372.45000	10:12 PM
43	KES	134.00000	136.00000	136.00000	134.00000	08:25 PM
44	AMD	359.03800	414.94900	414.94859	359.03815	09:00 PM
45	TWD	32.32930	32.35930	32.35930	32.32930	01:10 AM
46	XAU	2,307.33000	2,307.65000	2,307.65000	2,307.33000	01:09 AM
47	XAG	26.71020	26.71980	26.71980	26.71020	01:09 AM
48	XPT	957.65000	960.05000	959.95000	957.65000	10:09 AM
49	XPD	933.16400	938.48900	937.31250	933.16420	10:09 AM
2,120	VES	36.41860	36.51000	36.50996	36.41856	08:00 PM
2,212	UGX	3,747.86000	3,831.73000	3,831.72824	3,747.86259	09:00 PM
2,213	TZS	2,593.99000	2,594.01000	2,594.01500	2,593.98500	01:00 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	Direction	DateTime
KSE100	71,206.97	71,170.617	70,671.72	512.976	0.726	47,572,347.0	2,431,997,389.620	-1	03/05/2024 10:24 AM
ALLSHR	46,478.83	46,467.751	46,190.08	317.436	0.688	104,915,910.0	5,251,191,185.050	-1	03/05/2024 10:24 AM
KSE30	23,340.86	23,329.677	23,138.86	95.596	0.411	18,460,873.0	1,662,531,423.250	1	03/05/2024 10:24 AM
KMI30	119,852.15	119,816.342	118,979.86	1,056.555	0.890	18,762,801.0	1,395,972,877.140	1	03/05/2024 10:24 AM
KMIALLSHR	33,335.70	33,329.789	33,120.57	280.506	0.849	65,289,533.0	4,068,106,578.850	-1	03/05/2024 10:24 AM
BKTi	17,515.59	17,500.530	17,220.14	-52.979	-0.302	5,344,630.0	442,314,782.110	0	03/05/2024 10:24 AM
OGTi	16,954.82	16,925.498	16,771.31	164.200	0.980	2,985,017.0	395,806,108.210	-1	03/05/2024 10:24 AM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	60,080.0	60,535.0	59,305.0	315.00
BRENT CRUDE	EB	83.9	84.1	83.8	0.18
RICHARDS BAY COAL MONTHLY	EF	101.9	0.0	0.0	-3.70
ROTTERDAM COAL MONTHLY	ET	108.0	108.0	106.0	0.90
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	79.1	79.4	79.0	0.17
SUGAR #11 WORLD	SB	19.3	19.5	19.1	0.04

To see more commodities please register for our portal

Top 5 things to watch in this week

Charts

KSE100 (Last)

KSE100 (Volume)

KSE100 (Last)

KSE100 (Volume)

Trending :

Financial advisors update privatization minister on PIA divestment progress

Top 5 things to watch in this week

Charts

Stay Connected

Read Next

IATA urges Pakistan to immediately release $399m airline funds

SECP Introduces swift complaint resolution platform

Indus Motor Q1 2024 profit soars 38% YoY to Rs4.45bn

TOMCL boosts production capacity by 30% for chilled products