MG Morning Breeze: Updates to Skim before Market
MG News | July 18, 2024 at 06:00 AM GMT+05:00
July 18, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan’s staff-level agreement with the International Monetary Fund (IMF) improves funding prospects for the country, global rating agency Moody’s said. Read more
PMLN-led government will remain in power over the coming 18 months and succeed in pushing through with IMF-mandated fiscal reforms, the international credit rating agency BMI Fitch Solutions said. Read more
The government has raised the price of petrol by Rs9.99 per litre to Rs275.60. Read more
Pakistani rupee surged by most in over six months after the nation secured a $7 billion loan deal from the International Monetary Fund over the weekend. Read more
Pakistan stocks kicked off the holiday-shortened week on a bullish note after the nation secured a $7 billion loan deal from the International Monetary Fund. Read more
Gold hit a record high as hopes for Federal Reserve rate cuts grow and some traders ramped up bets on a second Donald Trump presidency. Read more
In light of this assurance from government officials to resolve the issue of withholding tax and in respect. Read more
The official reserve assets rose to $15.36 billion as of June 2024 compared to $15.13bn recorded in the previous month. Read more
Pakistan Oilfields Limited (PSX: POL) has discovered a significant quantity of hydrocarbons at the Jhandial-03 well in Attock District. Read more
Pakistani and Chinese business firms have signed an agreement for the promotion of cooperation in the leather industry. Read more
The government has decided to maintain strict control over federal funding for development and recurrent expenditures by releasing funds gradually. Read more
The trading activity at Pakistan Mercantile Exchange (PMEX) decreased by 13.13% DoD on Friday to clock in at Rs33.27 billion. Read more
A Chinese company has evinced keen interest to invest in the mineral and industrial sectors of Khyber Pakhtunkhwa. Read more
China and Pakistan have signed an MoU to strengthen development cooperation and promote the Global Development Initiative, focusing on poverty reduction. Read more
Sapphire Fibres Limited has entered into significant agreements to expand its power. Read more
Prime Minister Muhammad Shehbaz Sharif on Sunday directed to form a committee on an urgent basis with respect to reactivating the Neelum-Jhelum Hydropower. Read more
A China-based company has partnered with a leading electric scooter brand in Pakistan to introduce eco-friendly solar e-bikes to the country. Read more
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|---|---|---|
| KSE100 | 179,571.27 436.67M | 1.06% 1878.35 |
| ALLSHR | 108,600.94 844.23M | 1.00% 1073.54 |
| KSE30 | 53,548.42 162.02M | 0.99% 525.53 |
| KMI30 | 256,725.70 154.74M | 0.76% 1936.43 |
| KMIALLSHR | 70,620.69 563.61M | 0.98% 683.55 |
| BKTi | 48,625.03 36.31M | 1.37% 658.39 |
| OGTi | 37,179.52 8.29M | 0.94% 345.85 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 60,425.00 | 60,535.00 59,790.00 | 430.00 0.72% |
| BRENT CRUDE | 73.08 | 75.13 71.38 | -2.18 -2.90% |
| RICHARDS BAY COAL MONTHLY | 103.50 | 0.00 0.00 | 0.25 0.24% |
| ROTTERDAM COAL MONTHLY | 113.35 | 114.25 113.00 | -0.05 -0.04% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 70.24 | 71.86 68.56 | -1.68 -2.34% |
| SUGAR #11 WORLD | 14.55 | 14.68 14.02 | 0.45 3.19% |
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