January 12, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
In a noteworthy development, the Executive Board of the International Monetary Fund (IMF) has successfully concluded the first review of Pakistan's economic reform program. Read more
In a bid to strengthen their longstanding bilateral ties, the Minister of Energy for Saudi Arabia, Prince Abdulaziz bin Salman bin Abdulaziz, and the Minister of Energy of Pakistan, Mohammed Ali on Thursday discussed strategies to elevate cooperation in various facets of the energy sector. Read more
The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $66.4 million or 0.81% WoW to $8.15 billion during the week ended on January 05, 2024. Read more
After residing in a dull spot for an extended period, Pakistan International Airlines Corp (PSX: PIAA) has finally emerged into the spotlight as the market embraces the government's intensive divestment plans for the national carrier. Read more
Pakistan’s cement offtake has not been picking up amid dampened domestic demand despite the industry investing hefty amounts, including taking on debts, to expand its production capacity in the past few years. Read more
The recent news circulating in the media about Distribution Companies (DISCOs) being handed over to the army is incorrect. Read more
Passenger car sales plunged by 55.55% YoY in the first half of FY24, clocking in at just 30,662 units compared to 68,912 units recorded in the same period last year. Read more
The Pakistani rupee (PKR) appreciated by a marginal 1.88 paisa against the US dollar in Thursday's interbank session as the currency settled the trade at PKR 281.11 per USD, compared to the previous session's closing of PKR 281.13 per USD. Read more
The benchmark KSE-100 index concluded Thursday's trading session at 64,617.57 showing an increase of 697.72 points or 1.09%. Read more
24-Karat gold price increases to Rs216,300 pet tola
Domestic bullion experienced a slight uptick on Thursday, as the price of 24-karat gold in Pakistan went up Rs200 per tola to Rs216,300. Read more
Pakistan Petroleum Limited (PSX: PPL) along with its Joint Venture (JV) partners has been provisionally awarded two new exploration blocks by the government. Read more
Pakistan's growth is projected to increase to 2.4% in FY2024/25, with an expected easing of its inflation rate, according to the latest South Asia outlook report released by the World Bank. Read more
Oil & Gas Development Company Limited (PSX: OGDC) has been provisionally awarded four new exploration blocks by the government. Read more
Sitara Peroxide Limited (PSX: SPL) has decided to extend the suspension of its plant operation till further intimation. Read more
Fauji Fertilizer Limited (PSX: FFC) and Fauji Fertilizer Bin Qasim Limited (PSX: FFBL) have increased the market retail price of Di-Ammonium Phosphate (DAP) fertilizer by Rs307 per bag with effect from January 16, 2024. Read more
Mari Petroleum Company Limited (PSX: MARI) has made a gas discovery at Shewa-2 appraisal-cum-exploratory well, located in North Waziristan district, Khyber Pakhtunkhwa Province. Read more
Copyright Mettis Link News
Posted on: 2024-01-12T07:32:07+05:00
