March 12, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The Pakistani rupee (PKR) depreciated by over 4 paisa against the US dollar in Monday's interbank session as the currency settled the trade at PKR 279.08 per USD, compared to the previous session's closing of PKR 279.04 per USD. Read more
The benchmark KSE-100 index closed Monday's trading session at 65,755.31 showing a decrease of 38.45 points or 0.06%. Read more
The local bullion market held stable on Monday, with the price of 24-karat gold remaining unchanged at Rs230,200 per tola. Read more
Muhammad Aurangzeb has officially taken over the responsibility as Finance Minister of Pakistan, said a statement from Ministry of Finance on Monday. Read more
Pak Suzuki Motor Company Limited (PSX: PSMC) has raised the price of its Swift G. CVT model by Rs304,000, effective from March 08, 2024. Read more
In a significant development for Pakistan's Health Insurance and Health Takaful sector, the Competition Commission of Pakistan (CCP) has approved the acquisition of 100% shareholding of EFU Health Insurance Limited by EFU Life Assurance (PSX: EFUL). Read more
The Competition Commission of Pakistan (CCP) has initiated negotiations with the Federal Antimonopoly Service (FAS) of the Russian Federation for bilateral cooperation. Read more
Muhammad Aurangzeb, President & Chief Executive Officer of Habib Bank Limited (PSX: HBL), has tendered his resignation to the Board of Directors. Read more
The National Clearing Company of Pakistan Limited has issued a final reminder to Securities Brokers and Professional Clearing Members for the submission of their Audited/ Reviewed (whichever is applicable) Liquid Capital statement as of December 31, 2023. Read more
First Habib Modaraba (PSX: FHAM) has changed the face value of Modaraba certificates from Rs5 to Rs10 each by reducing the number of certificates. Read more
Novacare Hospitals (Private) Limited, a wholly owned subsidiary of Maple Leaf Cement Factory Limited (PSX: MLCF), will start constructing a state-of-the-art hospital in Islamabad with a total investment of $110 million. Read more
The timing schedule shows that SSGC would be carrying out gas pressure profiling from 09:00 am to 03:00 pm and then during night times from 10:00 pm to 03:00 am. Read more
Pakistan Stock Exchange (PSX) announced trading and office timings for the stock market during the holy month of Ramadan. Read more
The State Bank of Pakistan (SBP) on Monday announced the office and banking timings during the holy month of Ramadan-ul-Mubarak. Read more
The shareholders of Crescent Fibres Limited (PSX: CFL) have approved the disposal of freehold land and buildings at Faisalabad. Read more
Sui Southern Gas Company Limited (PSX: SSGC) recorded a staggering 4.78x YoY increase in its losses in the first half of fiscal year 2023. The company’s loss after tax ballooned to Rs9.57 billion [LPS: Rs10.87], a substantial rise from the loss of Rs2bn [LPS: Rs2.27] in the same period last year (SPLY). Read more
Copyright Mettis Link News
Posted on: 2024-03-12T06:27:40+05:00
