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MG Morning Breeze: Updates to Skim before Market

MG Morning Breeze: Updates to Skim before Market
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June 26, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The Azad Jammu & Kashmir (AJK) government on Tuesday presented the budget for the fiscal year 2024-25 of over Rs264 billion. Read more

The State Bank of Pakistan (SBP) conducted an auction on Tuesday in which it sold Pakistan Investment Bonds (PIBs) worth Rs131.4 billion. Read more

To overcome the energy crisis in the country, the government with the support of the Special Investment Facilitation Council (SIFC) signed an agreement. Read more

The bull run in Pakistani stocks looks to have more legs as signs of improving economic conditions bolster the outlook for Asia’s best-performing market. Read more

The currently sought extended and larger International Monetary Fund (IMF) programme would be the last one from the global lender, after which Pakistan. Read more

The benchmark KSE-100 index ended Tuesday’s trading session at 77,940.58 showing a decrease of 291.52 points or 0.37%. Read more

The Pakistani rupee (PKR) appreciated by 12.24 paisa against the US dollar in Tuesday’s interbank session as the currency settled the trade at PKR 278.5. Read more

The trading activity at Pakistan Mercantile Exchange (PMEX) decreased by 33.73% DoD on Monday to clock in at Rs18.35 billion. Read more

The Pakistan Stock Exchange (PSX) has announced the delisting of Allied Rental Modaraba (ARM) with effect from tomorrow. Read more

The Central Depository Company of Pakistan Limited (CDC) has eliminated the Annual Maintenance Fee for the Sub-Account Holders. Read more

Gold price in Pakistan decreased on Tuesday, with 24-karat gold being sold at Rs241,500 per tola, down Rs500 per tola. Read more

The Pakistan Credit Rating Agency Limited (PACRA) has released its entity ratings for certain members of the banking sector. Read more

Pakistan Credit Rating Agency Limited (PACRA) has maintained entity ratings of Bank AL Habib Limited (PSX: BAHL) at ” AAA” for long term. Read more

The 30 MOUs on bilateral trade affairs signed between China and Pakistan during the Prime Minister’s recent visit to China are being actively pursued. Read more

Pakistan Credit Rating Agency Limited (PACRA) has updated the entity ratings of MCB Islamic Bank Limited from “A” to “A+” for the long-term. Read more

The Federal Board of Revenue (FBR) of Pakistan has initiated a countrywide exercise for conducting an audit of Urea/ Fertilizers dealers. Read more

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Posted on: 2024-06-26T06:00:00+05:00