MG Morning Breeze: Updates to Skim before Market

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MG News | June 21, 2024 at 06:00 AM GMT+05:00

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June 21, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

Eid-ul-Azha generated economic activity of over Rs500 billion in Pakistan, but its contribution to the country’s treasure or revenue remains. Read more

Pakistan stocks extended its record-breaking rally on Thursday amid strengthened prospects for an International Monetary Fund deal. Read more

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $31.4 million or 0.34% WoW to $9.13 billion. Read more

The Pakistani rupee (PKR) depreciated by 9.03 paisa against the US dollar in Thursday’s interbank session as the currency settled the trade at PKR 278.6. Read more

Engro Fertilizers Limited (PSX: EFERT) has announced the successful completion of scheduled maintenance activities on its EnVen Plant (Plant-II). Read more

The total power generation in the country increased by 2.7% YoY to 12,618 GWh during May 2024 as compared to 12,284 GWh in the same month of last year. Read more

In a significant development, Federal Interior Minister Mohsin Naqvi and Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur held a telephonic discussion. Read more

China, Kyrgyzstan, and Uzbekistan will construct a new railway starting in China Kashgar and traversing Torugart, Kosh-Dobo, and Kazarman. Read more

The Board of Directors of Siddiqsons Tin Plate Limited (PSX: STPL) has decided to retrench the excess workforce from. Read more

Gold price in Pakistan remained unchanged on Thursday, with 24-karat gold being sold at Rs241,300 per tola. Read more

Minister of the International Department of Communist Party of China and member of the Communist Party’s Central Committee Liu Jianchao will arrive. Read more

Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar reviewed the progress of the Jagran-2 Hydropower Plant under construction. Read more

Oil prices remained largely stable ahead of weekly inventory data release from the US that may show another rise in nationwide crude inventories. Read more

The United Arab Emirates is set to be the world’s leading wealth magnet for the third year in a row. Read more

The Bank of England on Thursday decided to keep interest rates unchanged at 5.25%. Read more

Norges Bank’s Monetary Policy and Financial Stability Committee decided to keep the policy rate unchanged at 4.5%. Read more

The Swiss National Bank has lowered the SNB policy rate by 25 basis points to 1.25%. Read more

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KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,805.00 119,740.00
118,145.00
510.00
0.43%
BRENT CRUDE 73.21 73.21
71.75
0.70
0.97%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 70.01 70.04
68.45
0.80
1.16%
SUGAR #11 WORLD 16.49 16.58
16.37
-0.10
-0.60%

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