MG Morning Breeze: Updates to Skim before Market
MG News | July 19, 2024 at 06:00 AM GMT+05:00
July 19, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Automobile financing in Pakistan has dropped by another 1.0% month-on-month to Rs230.5 billion in June 2024, compared to Rs232.79bn a month earlier. Read more
Pakistan’s Large-scale Scale Manufacturing Industries (LSMI) output increased by 0.99% YoY in the first eleven months of fiscal year 2023-24. Read more
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $18.6 million or 0.20% WoW to $9.42 billion. Read more
In a latest development for Barrick Gold Corporation’s Reko Diq project in Pakistan, the company has launched a recruitment drive. Read more
Pakistan’s religious tourism and animal sacrifice sectors, along with related exports, contribute a substantial $7.8 billion to the economy annually. Read more
Broad money (M2), the most widely used measure of money supply in Pakistan, surged by Rs5.03 trillion to Rs36.56 trillion as of June 30, 2024. Read more
Pakistan’s public debt is forecasted to decline by 7 percentage points to 70% of GDP in fiscal year 2024–2025. Read more
Fertilizer sales, including Urea and DAP, fell 21% YoY to 606,000 tonnes during June 2024. Read more
Pakistan Railways has hiked fares for all trains, with effect from Friday, July 19, 2024. Read more
The National Clearing Company of Pakistan Limited (NCCPL) has removed seven securities from the Margin Trading System (MTS) effective August 15, 2024. Read more
Fatima Fertilizer Company Limited (PSX: FATIMA) has decided to attempt procurement of various instruments of Agritech Limited. Read more
Chinoy Engineering & Construction (Pvt) Limited (CECL), an associated company of Pakistan Cables Limited (PSX: PCAL) has invited equity investment from PCAL. Read more
Pakistan Petroleum Limited (PSX: PPL) has commenced production from Adhi South-8, a new development well drilled in the Adhi Mining Lease. Read more
Foreign currency deposits as of June 2024 stood at $6.63 billion, depicting an increase of 1.56% MoM. Read more
Pakistan stocks extended their rally on Thursday, with the benchmark KSE-100 Index jumping 684.26 points or 0.84% to a record high of 81,839.86. Read more
The Pakistani rupee (PKR) depreciated by 6.41 paisa against the US dollar in Thursday’s interbank session as the currency settled the trade at PKR 278.17. Read more
The Pakistan Stock Exchange Limited (PSX) has scheduled to host a training workshop for listed companies on International Financial Reporting Standards. Read more
The government is targeting to raise Rs3.91 trillion during the three months from July to September 2024. Read more
Gold price in Pakistan surged to an all-time on Thursday, with 24-karat gold jumping Rs4,600 per tola to Rs254,000. Read more
The government has established three subcommittees to expedite the process of tariff rationalization aimed at achieving an export target of $60 billion. Read more
The trading activity at Pakistan Mercantile Exchange (PMEX) decreased by 17.52% DoD on Wednesday to clock in at Rs27.44 billion. Read more
The World Bank is looking to issue its first drought bond in the next 12-18-months and broaden its offering of catastrophe bonds. Read more
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 156,177.82 367.85M | -0.00% -3.12 |
| ALLSHR | 95,630.38 1,498.37M | -0.06% -60.44 |
| KSE30 | 47,678.47 206.79M | -0.08% -35.92 |
| KMI30 | 229,682.22 174.86M | -0.02% -39.87 |
| KMIALLSHR | 64,366.76 638.47M | -0.08% -53.31 |
| BKTi | 41,922.80 89.51M | -0.11% -46.72 |
| OGTi | 31,735.79 16.87M | -0.80% -255.97 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 116,765.00 | 117,295.00 116,115.00 | 940.00 0.81% |
| BRENT CRUDE | 67.65 | 68.01 67.61 | -0.30 -0.44% |
| RICHARDS BAY COAL MONTHLY | 84.00 | 0.00 0.00 | -0.40 -0.47% |
| ROTTERDAM COAL MONTHLY | 93.50 | 93.50 93.50 | 0.15 0.16% |
| USD RBD PALM OLEIN | 1,106.50 | 1,106.50 1,106.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 63.40 | 63.82 63.36 | -0.65 -1.01% |
| SUGAR #11 WORLD | 16.23 | 16.59 16.23 | -0.33 -1.99% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Large Scale Manufacturing (LSM)
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|