April 01, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The headline inflation is expected to decelerate significantly to around 19.84% YoY in March, the lowest level in 22 months. Read more
Pakistan's stock market extended its record rally, with its key benchmark KSE-100 Index achieving a record quarterly closing of 67,005. Read more
The domestic bullion market has recently witnessed one of its most bullish months as the international gold rate reached a new all-time high. Read more
The federal government has hiked the price of petrol by Rs9.66 per litre to Rs289.41, said a notification issued by the Finance Division. Read more
The Pakistani Rupee (PKR) has demonstrated resilience against the mighty Dollar for a prolonged period as the currency concluded March as its fourth consecutive monthly victory. Read more
The cement sector, while trailing behind the broader market since the June-end rally, shows potential signs of resilience. Read more
MG's Weekly Corporate Buzz provides the reader with a concise recap of the latest corporate news. Read more
Pakistan and China on Friday engaged in detailed discussions on various aspects of financial market development, including the potential for collaboration between the China Financial Futures Exchange (CFFEX) and the Pakistan Stock Exchange (PSX) to promote innovative financial instruments in Pakistan. Read more
The enduring partnership between Pakistan and the USA remains critical for ensuring global and regional security. Thus, the United States will continue to stand with Pakistan to tackle the most pressing global and regional challenges. Read more
The Neelum Jhelum Hydroelectric Project resumed its operations earlier this month, and as of yesterday, it has achieved its maximum generation capacity of 969 MW. Read more
The Weekly Sensitive Price Indicator (SPI) for the Combined Group inched down 0.09% WoW during the week ended March 28, 2024, while the SPI rose 29.41% YoY compared to the corresponding period from last year. Read more
Across Metals, Energy, COTS/FX, and indices, the transactions at the Pakistan Mercantile Exchange (PMEX) observed a 6% DoD increase on Thursday to clocked in at Rs30.48 billion compared to the previous session close of Rs28.73bn. Read more
To ensure an adequate supply of cash Dollars in the open market, the validity of allowing Exchange Companies (ECs) to import cash US Dollars up to 50% of the value of their export consignments is hereby extended till June 30, 2024. Read more
Pakistan’s economy started in a better way in 2024 with improvement in key economic indicators, said Federal Minister Muhammad Aurangzeb in his speech at the gong ceremony on his visit to the Pakistan Stock Exchange (PSX). Read more
The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah-compliant Modarabah-based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs2.71 trillion into the market. Of which Rs2.49tr were injected through reverse repo OMO. Read more
Prime Minister Shehbaz Sharif on Thursday directed to initiate immediate disciplinary action against the officers involved in electricity theft and its facilitation. Read more
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Posted on: 2024-04-01T06:10:19+05:00
