May 22, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan’s Gross Domestic Product (GDP) has shown a growth of 2.09% in Q3 FY24 as compared to the revised growth of 1.79% in the previous quarter. Read more
The banking sector spread for April 2024 has increased by 7 basis points (bps) MoM to 7.09% as compared to a spread of 7.02% in March 2024. Read more
Pakistan has ranked 101st in the World Economic Forum’s (WEF) Travel & Tourism Development Index 2024, an improvement of 20 ranks as compared to 2019. Read more
The Oil and Gas Regulatory Authority (OGRA) has determined the revenue requirements for Sui Northern Gas Pipelines Limited (SNGPL). Read more
Total inflows into Roshan Digital Accounts (RDA) during April 2024 stood at $171 million, bringing the total cumulative inflows into RDA to $7.83 billion. Read more
SECP held a workshop to explore areas of potential collaboration in capital markets between Pakistan and China. Read more
Meat and meat preparations exports from the country during the first 10 months of the current financial year grew by 24.37%. Read more
Broad money (M2), the most widely used measure of money supply in Pakistan, rose by Rs170.57 billion WoW to Rs33.92 trillion. Read more
The government of Pakistan has acquired an additional debt of Rs210.61 billion during the week ending May 10, 2024. Read more
The trading activity at the Pakistan Mercantile Exchange (PMEX) on Monday increased by 13.63% DoD. Read more
The benchmark KSE-100 index closed Tuesday’s trading session at 75,206.77 showing an increase of 122.77 points or 0.16%. Read more
Excess applications for the public subscription of International Packaging Films Limited (IPAK) ordinary shares will be distributed proportionally. Read more
The Pakistani rupee (PKR) depreciated by 9.52 paisa against the US dollar in Tuesday’s interbank session as the currency settled the trade at PKR 278.39. Read more
Gold prices in Pakistan retreated on Tuesday, with the rate for 24-karat gold falling by Rs1,900 to Rs248,500 per tola. Read more
Tajikistan and Pakistan on Tuesday underlined the early implementation of the CASA-1000 project and other connectivity and regional integration projects.. Read more
The price of PIA Holding Company Limited (PIAHCL) shares at the Pakistan Stock Exchange will be the same as the closing price of Pakistan International Airlines. Read more
Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal on Tuesday underscored the urgent need to initiate the bidding process. Read more
Pakistan’s economic team has presented a comprehensive macroeconomic framework to the International Monetary Fund. Read more
The National Accounts Committee has convened its meeting today in which it is likely to set the growth target for Fiscal Year 2025. Read more
Global oil prices fell for the second consecutive session amid fears of higher rates after U.S. Federal Reserve officials stated they were awaiting more. Read more
Italy’s Ambassador to Pakistan, Marilina Armellin, emphasized the potential for enhanced cooperation between Italy and Pakistan, particularly in the. Read more
The Competition Commission of Pakistan (CCP) conducted a hearing in the poultry cartelization case, wherein the Pakistan Poultry Association (PPA). Read more
China’s fiscal policy is turning slightly stimulatory, as the government seeks to offset subdued underlying economic activity and achieve its GDP growth. Read more
China’s bullion imports slowed last month as demand in the world’s biggest consumer begins to buckle in the face of record prices. Read more
Federal Minister Rana Tanveer Hussain inaugurated the Rachna Industrial Park in Sheikhupura on Monday, highlighting its importance in transforming. Read more
Symmetry Group Limited (PSX: SYM) has entered into a share subscription agreement with Finox (Private) Limited. Read more
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Posted on: 2024-05-22T07:55:34+05:00