MG Morning Breeze: Updates to Skim before Market
MG News | June 28, 2024 at 06:00 AM GMT+05:00
June 28, 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 $238.9 million or 2.62% WoW to $8.9 billion. Read more
Foreign investors ‘ repatriation of profit and dividends rose 476.55% YoY in 11MFY24 to $1.81 billion compared to $313.09m worth of repatriation. Read more
As part of the circular debt settlement plan, the Oil and Gas Development Company Limited (OGDC) has agreed to waive off Rs72bn on account of liquidated. Read more
The benchmark KSE-100 index concluded Thursday’s trading session at 78,528.25, showing a an increase of 252.61 points or 0.32%. Read more
The Pakistani rupee (PKR) appreciated by 2.5 paisa against the US dollar in Thursday’s interbank session as the currency settled the trade at PKR 278.38. Read more
Due to high inflation and increasing costs of hardware, software, and other operating expenses, Pakistan Stock Exchange Limited (PSX). Read more
Ithmaar Holding is looking to sell 66.7% of the issued and paid-up capital in Faysal Bank Limited at a premium of 76.6% from the current market prices. Read more
Minister of State for Information Technology & Telecommunication Shaza Fatima Khawaja has assured to extend full facilitation to the companies. Read more
China has appreciated the establishment of Special Protection Unit (SPU) in Islamabad for the protection of foreigners. Read more
Gold price in Pakistan increased on Thursday, with 24-karat gold being sold at Rs241,000 per tola, up Rs400 per tola. Read more
The Competition Commission of Pakistan (CCP) has granted exemption over specific clauses of Sale Share Agreement (SSA) signed. Read more
To discuss relations between Pakistan and European Union and issues of mutual interest, Ambassador of the EU to Pakistan met with Federal Minister for Law. Read more
Orient Rental Mod (PSX: ORM) has amended its business operations, and will initially engage in providing equipment rental solutions. Read more
The Competition Commission of Pakistan (CCP) has approved the acquisition of two pharmaceutical products of Eisai Co. ltd, a Tokyo-based firm. Read more
Oil prices remained rangebound as the market awaited US economic data, seeking a catalyst to break out of the tightest trading range in over three years. Read more
Planning Minister Ahsan Iqbal has expressed the government’s commitment to adopt an export-led growth model to pull the country out of the quagmire. Read more
The National Clearing Company of Pakistan Limited (NCCPL) has announced the applicable rates for withholding tax. Read more
The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) on Wednesday presented several proposals aimed at enhancing filer registrations. Read more
Ambassador Faisal Niaz Tirmizi, Pakistan’s Envoy to United Arab Emirates (UAE) highlighted the scope of digitising financial transactions. Read more
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 171,725.29 261.56M | 2.31% 3881.05 |
| ALLSHR | 103,214.49 498.64M | 2.00% 2024.02 |
| KSE30 | 51,517.14 135.33M | 2.40% 1209.13 |
| KMI30 | 246,565.71 111.44M | 2.29% 5524.54 |
| KMIALLSHR | 67,042.77 274.55M | 1.94% 1273.86 |
| BKTi | 47,299.71 43.26M | 3.04% 1394.54 |
| OGTi | 36,341.37 10.64M | 2.20% 783.44 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 76,865.00 | 77,935.00 76,105.00 | 1090.00 1.44% |
| BRENT CRUDE | 98.39 | 98.88 97.12 | 2.25 2.34% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -8.75 -7.37% |
| ROTTERDAM COAL MONTHLY | 113.00 | 0.00 0.00 | 0.30 0.27% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 92.03 | 93.90 89.41 | -4.57 -4.73% |
| SUGAR #11 WORLD | 14.68 | 0.00 0.00 | -0.02 -0.14% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|