February 13, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan’s external debt and liabilities (outstanding) reached $131.159 billion at the end of 1HFY24, an increase of $1.417bn or 1.09% QoQ, the central bank data showed on Monday. Read more
The government's total domestic debt and liabilities have risen by 27.74% YoY to Rs43.2 trillion in December 2023, compared to Rs33.82tr in December 2022. Read more
The State Bank of Pakistan (SBP) on Monday cancelled the authorization/license of PBS Exchange Company (Pvt) Limited. Read more
The National Savings Schemes (NSS) recorded a significant outflow of Rs44.16 billion in December as compared to receipts of Rs1.44bn in the previous month. Read more
The total debt of the central government has surged by 27.68% YoY to Rs65.19 trillion in December 2023, compared to Rs51.1tr in January 2022. Read more
The local bourse kicked off the week on a negative note, with its key benchmark KSE-100 index plummeting 1,878.4 points or 2.98% to close the session at 61,065. Read more
The Pakistani rupee (PKR) depreciated by 4.72 paisa against the US dollar in Monday's interbank session as the currency settled the trade at PKR 279.33 per USD, compared to the previous session's closing of PKR 279.28 per USD. Read more
NetSol Technologies Limited (PSX: NETSOL) achieved a remarkable turnaround in the second quarter of fiscal year 2024, with its profit after tax reaching Rs534.12 million [EPS: Rs6.08], a significant improvement from the loss of Rs162.51m [LPS: Rs1.85] incurred during the same period last year (SPLY). Read more
The Securities and Exchange Commission of Pakistan (SECP) has canceled the licenses of three brokers, resulting in the deactivation or suspension of their trading terminals. Read more
Sazgar Engineering Works Limited (PSX: SAZEW) witnessed a massive surge in the sale of its auto rickshaws in January 2024, with 2,229 units sold compared to just 275 three-wheelers in the previous month. Read more
The Board of Directors of Ghani Chemicals Industries Limited (PSX: GCIL) has decided to venture into the power generation and new areas of gas business. Read more
The shareholders of Pak Suzuki Motor Company Limited (PSX: PSMC) have resolved to authorize Suzuki Motor Corporation (SMC), Japan, the majority shareholder of PSMC, to repurchase 62.84% of the shareholding at a buy-back price of Rs609 per share as determined by the Voluntary Delisting Committee (VDC). Read more
Workers' remittances have increased by 26.16% YoY in January to $2.4 billion, compared to $1.9bn in the same month last year. Read more
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Posted on: 2024-02-13T08:25:35+05:00
