July 02, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The consumer price index (CPI) for June 2024 clocked in at 12.6% YoY, compared to 11.8% YoY in the last month and 29.4% YoY in June 2023. Read more
Pak Rupee’s journey during the fiscal year (FY24) can be described as tough yet remarkable, as the currency rebounded from its all-time low. Read more
Mari Petroleum Company Limited (PSX: MARI) has successfully drilled and tested the fourth appraisal well in Ghazij formation in the Mari D&PL. Read more
Pakistan Hotels Developers Limited (PSX: PHDL) has obtained the requisite approvals from designated authorities for the sale agreement of Regent Plaza Hotel. Read more
Diversifying investments across different classes of assets is the first and foremost lesson in portfolio investing. An ideally diversified investment portfolio offers a given level of return with zero risk. Read more
Foreign investors maintained strong interest in Pakistani T-Bills, injecting an additional $57 million in the first week of June. Read more
Pakistan stocks started the first session of the new fiscal year on a positive note, with its key benchmark KSE-100 index gaining 379.37 points or 0.48%. Read more
The Minister of State for IT and Telecommunication arrived in China on Monday to participate in the Global Digital Economy Conference 2024. Read more
Gold price in Pakistan decreased on Monday, with 24-karat gold being sold at Rs241,500 per tola, down Rs200 per tola. Read more
Kia Motors has reopened the bookings of Kia Stonic EX+ at a price of Rs5.5 million amidst rising demand for Kia Stonic. Read more
CCP has approved the merger in the textile yarn sector, involving Nova Frontiers Ltd acquiring up to 29.43% shareholding of Gatron (Industries) Ltd. Read more
Lahore High Court has approved the merger petition and sanctioned the Scheme of Arrangement and Reconstruction for the transfer of MetaTech Trading Limited. Read more
The Oil and Gas Development Company Limited (PSX: OGDC) has successfully revitalized Nashpa-4 well. Read more
In pursuance of SBP Vison 2028 and to facilitate banks in their conversion from conventional to Islamic, SBP has developed broad guiding parameters. Read more
Exide Pakistan Limited (PSX: EXIDE) recorded an increase of 66.3% YoY in its profitability during the first quarter of 2024. Read more
CDA Muhammad Ali Randhawa Sunday said that the Park Road Expansion project should be completed without any delay by July 14. Read more
President Asif Ali Zardari on Sunday accorded his approval to Finance Bill 2024 for the new fiscal year. Read more
Diners in Sindh with effect from today, July 01, 2024, will see a significant tax difference depending on their payment method. Read more
Hascol Petroleum Limited (PSX: HASCOL) recorded an increase of 23.4% YoY in its losses in 2024, incurring a loss after tax at Rs17.81 billion [LPS: Rs17.83]. Read more
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Posted on: 2024-07-02T06:00:00+05:00
