Hussain 
pia shares soar 600% surge amidst reform buzz
The Pakistan International Airlines (PIA) has been making big waves in the stock market lately. Thanks to some changes happening within the company, its shares have shot up by a massive 600 percent during trading on the Pakistan Stock Exchange.
In just 10 days, the value of PIA shares has skyrocketed from Rs4.50 to Rs27. This incredible increase has caught the attention of investors. Now they are feeling more confident about PIA, PIA started making some changes in the companies.
Now, with each share worth Rs27, PIA has become one of the top 20 most traded shares on the PSX. This is a big deal for the the PIA as it is the national flag carrier.
But why the sudden surge? Well, it seems that investors are liking the reforms happening within PIA. They think by making these changes Company will perform well in future.
The government of Pakistan is also getting involved in this matter. Finance Minister Muhammad Aurangzeb recently mentioned that they’re planning to privatize PIA by June. This means selling off part or all of the company to private investors. Abdul Aleem Khan, the Federal Minister for Privatisation and Board of Investment, is leading this effort.
Muhammad Aurangzeb seems confident about this plan. He also said they will start taking bids for PIA very soon. With This move it is expected to bring in more investment and help PIA. This will help PIA financially and it will be beneficial for it.
Read more.. Technical Fault Grounds Pakistan International Airlines PIA Flight at Istanbul
Another thing the government is looking at is cutting costs. They’re thinking about transferring some ministries from the federal level to the provinces. This could help reduce expenses and make the government more streamlined.
Read more.. Another PIA Flight Attendant Goes Missing in Canada
it is an exciting time for Pakistan international Airline PIA and its investors. With reforms underway and plans for privatization in motion, there’s a lot of optimism surrounding the future of the national airline.
