MG Morning Breeze: Updates to Skim before Market
MG News | May 31, 2024 at 06:00 AM GMT+05:00
May 31, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $63.3 million or 0.69% WoW to $9.09 billion. Read more
The Karachi Interbank Offered Rate (Kibor) dropped sharply on Thursday following the T-bills auction held yesterday. Read more
Ithmaar Holding held its meeting yesterday to get approval for the transfer of 66.7% of the issued and paid-up capital in Faysal Bank Limited (PSX: FABL). Read more
The Board of Directors of Lucky TG, a joint venture between Lucky Core and Tariq Glass Industries Limited, has granted approval. Read more
Oil edged lower on Thursday with traders eyeing US stockpile data and an OPEC+ meeting on the weekend for more clarity on the supply and demand outlook. Read more
Pakistan Stock Exchange Limited (PSX) has announced the listing of LSE Financial Services Limited (LSEFSL) with effect from tomorrow i.e. Friday, May 31. Read more
The benchmark KSE-100 index ended Thursday’s trading session at 74,878.12 showing an increase of 41.82 points or 0.06%. Read more
The Pakistani rupee (PKR) depreciated by 9.94 paisa against the US dollar in Thursday’s interbank session as the currency settled the trade at PKR 278.5. Read more
Gold price in Pakistan retreated on Thursday, with the price of 24-karat gold losing Rs1,500 to Rs241,200 per tola. Read more
Dewan Farooque Motors Limited (PSX: DFML) has entered into a toll manufacturing agreement with ECO-Green Motors Limited (`EGML) for manufacturing. Read more
Pakistan Cables Limited (PSX: PCAL)) has completed the successful commissioning of a 2.0 MW captive solar plant located at its new manufacturing facility. Read more
Demand for loans decreased in the third quarter of fiscal year 2023-24 compared to the previous quarter, while it increased over SQLY. Read more
The trading activity at the Pakistan Mercantile Exchange (PMEX) surged by 42.7% DoD on Wednesday. Read more
Highlighting the importance of sports goods to connect people and promote human well-being, Pakistan’s Ambassador to the US Masood Khan revealed that. Read more
Pakistan has attracted $35.6 million net flow from foreign investors into T-Bills. Read more
Foreign Minister of Azerbaijan Jeyhun Bayramov has arrived at the foreign office in Islamabad for talks with Deputy Prime Minister and. Read more
Pakistan’s Oil and Gas Development Co. (PSX: OGDC), the nation’s largest energy explorer, intends to raise production in coming years. Read more
The Pakistan Stock Exchange Limited has conducted the Re-composition exercise of the PSXDIV20 Index as of April 30, 2024, a notice issued. Read more
Pakistan’s total sugar production this year stood at 6.8 million tons, with an additional 0.7m tons of carryover stock from the previous year. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 179,571.27 436.67M | 1.06% 1878.35 |
| ALLSHR | 108,600.94 844.23M | 1.00% 1073.54 |
| KSE30 | 53,548.42 162.02M | 0.99% 525.53 |
| KMI30 | 256,725.70 154.74M | 0.76% 1936.43 |
| KMIALLSHR | 70,620.69 563.61M | 0.98% 683.55 |
| BKTi | 48,625.03 36.31M | 1.37% 658.39 |
| OGTi | 37,179.52 8.29M | 0.94% 345.85 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 59,920.00 | 60,000.00 59,790.00 | -75.00 -0.13% |
| BRENT CRUDE | 73.08 | 75.13 71.38 | -2.18 -2.90% |
| RICHARDS BAY COAL MONTHLY | 115.00 | 0.00 0.00 | 1.65 1.46% |
| ROTTERDAM COAL MONTHLY | 126.25 | 0.00 0.00 | 0.15 0.12% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 70.24 | 71.86 68.56 | -1.68 -2.34% |
| SUGAR #11 WORLD | 14.55 | 14.68 14.02 | 0.45 3.19% |
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