MG Morning Breeze: Updates to Skim before Market
MG News | June 21, 2024 at 06:00 AM GMT+05:00
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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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| 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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