February 12, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The benchmark KSE-100 index concluded the week at 62,944, marking a decrease of 59 points or 0.09%. Read more
The Pakistani rupee (PKR) extended its upward momentum for the 13th straight week, as the currency gained 12.88 paisa and settled at PKR 279.28 per USD this week, compared to the previous week's closing of PKR 279.41 per USD. Read more
After snapping its four-week-long losing streak in the previous week, the domestic bullion has once again entered the red zone as the price of 24-karat gold plunged by Rs1,700 per tola to Rs214,300 by the end of this week. Read more
Pakistan’s Dollar bonds due in 2051 were indicated over 3 cents lower, the most since July 2023, to trade at 61.2 cents on the dollar, while the 2029 and 2031 notes also dropped. Read more
The government has dismissed the negative perception being created regarding the Circular Debt Reduction and Tariff Rationalization Plans. Read more
The Securities and Exchange Commission of Pakistan (SECP), aided by its in-house Adjudication Division, has imposed penalties worth Rs962 million during 1HFY24 for violating laws by the corporate sector. Read more
The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $172.5 million or 2.1% WoW to $8.04 billion during the week ended on February 02, 2024. Read more
The Board of Directors (BoD) of Crescent Cotton Mills Limited (PSX: CCM) has unanimously approved the sale/disposal of the company's assets located at Nishatabad, Faisalabad. Read more
The Pakistan Stock Exchange Limited (PSX) has conducted the Re-composition exercise of the JS Momentum Factor Index (JSMFI) as of January 31, 2024. Read more
The most critical thing for the new Pakistan government, be it a majority or a coalition, is negotiating a new bailout program with the International Monetary Fund. Read more
The Securities and Exchange Commission of Pakistan (SECP) has announced the transition from its current online filing system, 'eServices', to a more sophisticated and user-friendly online portal called 'eZfile'. Read more
Copyright Mettis Link News
Posted on: 2024-02-12T08:17:51+05:00
