MG Morning Breeze: Updates to Skim before Marke

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MG News | November 25, 2024 at 06:00 AM GMT+05:00

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November 25, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The US economy is doing well overall, according to recent data, which points to improved performance this month. Read more

The sale of the Services International Hotel, Lahore (SIH), was successfully finalized yesterday with the signing of a sale agreement at the Privatisation. Read more

Market Data and Economic Indicators. Read more

In a bid to strengthen the Shariah Governance Framework (SGF) and align it with international best practices. Read more

On the auspicious occasion of the 555th Jayanti of Guru Nanak Dev Ji, the Federal Government. Read more

Pakistan’s benchmark stock index has surged by most in over two decades in 2024 on signs of improvement in the nation’s economy. Read more

Pakistan stocks extended their record-breaking run to close in on the historic 100,000 mark, buoyed by improving economic conditions and falling bond yields. Read more

The exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) showed minor movements against the Pakistani rupee (PKR). Read more

The Deputy Prime Minister and Federal Minister for Foreign Affairs, Ishaq Dar stressed that a robust competition framework is vital for economic growth. Read more

Pakistan’s benchmark stock index flirted with the historic 100,000 mark as investors continued to pile into stocks amid positive macroeconomic indicators. Read more

At the invitation of Prime Minister Muhammad Shehbaz Sharif, President of the Republic of Belarus Aleksandr Lukashenko will undertake an official visit. Read more

The Pakistani rupee (PKR) rose by 19.99 paisa or 0.07% against the US dollar in Friday’s interbank session to settle the trade at PKR 277.76 per USD. Read more

Federal Minister for Commerce, Jam Kamal Khan on Friday reviewed quarterly trade figures and stressed to execution of the ‘Export-Led Growth Strategy.’ Read more

The aggregate amount of Capital Gain Tax (CGT) arising on the disposal of shares at the Pakistan Stock Exchange (PSX) for the period from October 1, 2024. Read more

Honda Atlas Cars (Pakistan) Limited (PSX: HCAR) revealed its profitability, wherein the profit after tax clocked in at Rs257.74 million [EPS: Rs1.8]. Read more

The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today. Read more

Gold price in Pakistan increased on Friday, extending its rebound after Goldman Sachs Group Inc. reiterated a forecast for international prices to reach $3,000. Read more

The banking sector spread decreased by 379 basis points to 501bps in October 2024 compared to a spread of 880bps last month as the lending rate fell. Read more

Pakistan’s short-term inflation increased by 0.67% compared to last week as of November 21, 2024, while it rose 4.92% over the prior year. Read more

The consortium involving textile giants has withdrawn its Public Announcement of Intention (PAI) to acquire approximately 68.89% of the shareholding in Engro Po Read more

Prime Minister Shehbaz Sharif on Thursday announced a Rs5 million award and presented a commendatory shield to an FBR officer Ijaz Hussain who identified. Read more

Most shares and dollar bonds of Adani Group companies traded lower on Friday, extending declines driven by US prosecutors’ charges of bribery against founder. Read more

The strategic merger of the Earthquake Reconstruction and Rehabilitation Authority (ERRA) and the National Disaster Management Authority (NDMA) was reviewed. Read more

The Ambassador of Sweden Alexandra Berg von Linde, while commenting on Sweden-Pakistan trade and investment ties, stated that more than 40 Swedish companies. Read more

The Intellectual Property Organization of Pakistan (IPO-Pakistan) in collaboration with the World Intellectual Property Organization (WIPO) successfully. Read more

Pakistan’s dusty agricultural heartland now hosts rows upon rows of solar panels, with solar equipment imports from China in 9M2024 surpassing all of 2023. Read more

The Securities and Exchange Commission of Pakistan (SECP) has re-joined the International Organization of Pension Supervisors (IOPS). Read more

The Regional Tax Office, Islamabad on Thursday sealed five prominent restaurants in Islamabad on account of issuing fake invoices/receipts. Read more

The treasury management division of the National Bank of Pakistan (NBP) on Friday issued the following exchange rates. Read more

Pakistan’s benchmark stock index inched closer to the historic 100,000 mark as investors continued to pile into stocks amid positive macroeconomic indicators. Read more

The Executive Committee of the Special Investment Facilitation Council (SIFC) will convene today. Read more

Copyright Mettis Link News

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