MG Morning Breeze: Updates to Skim before Market
MG News | September 04, 2024 at 06:00 AM GMT+05:00
September 04, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Oil plummeted 5% erasing its gains for the year. Read more
While sharing the promising developments today, Finance Minister Muhammad Aurangzeb stated that the journey. Read more
Pakistan’s trade deficit in August 2024 has decreased by 20.5% to $1.68 billion as compared to a deficit of $2.11bn a year ago as exports surged. Read more
The country’s sole government-owned bank, the National Bank of Pakistan (PSX: NBP). Read more
Cotton arrivals in Pakistan fell 59.7% to 1.226 million bales as of August 31, 2024, as compared to 3.041m bales in the same period of last year. Read more
The sales of oil marketing companies (OMCs) decreased by 13.5% to 1.22 million Metric Tons (MTs) in August 2024 compared to 1.41m MTs in August 2023. Read more
Millat Tractors Limited (PSX: MTL) will resume production from September 04, 2024, onwards. Read more
The impact of geopolitical unrest, including the Russian-Ukraine war on the economy of Pakistan remained significant in 2023 mainly due to high fuel prices. Read more
The All Pakistan Textile Mills Association (APTMA) calls upon the Monetary Policy Committee (MPC) to reduce interest. Read more
Nishat Chunian Power Limited (PSX: NCPL) recorded a net profit of Rs1.06 billion [EPS: Rs2.89] in April-June, down 13.1% year-on-year. Read more
Nishat Power Limited (PSX: NPL) posted a profit after tax of Rs5.39 billion [EPS: Rs15.22] in the fiscal year 2024, up 31.7% compared to last year. Read more
Kot Addu Power Company Limited (PSX: KAPCO) earned a profit after tax of Rs731.92 million [EPS: Rs0.83] during the fourth quarter of its fiscal year. Read more
The Pakistani rupee (PKR) depreciated by 5.69 paisa or 0.02% against the US dollar in Tuesday’s interbank session to settle the trade at PKR 278.7 per USD. Read more
The net sale of securities for the week ended August 23, 2024 clocked in at Rs459.92m, as compared to a net purchase worth Rs536.37m recorded last week, accordi Read more
Pakistan stocks ended Tuesday’s trading session largely flat on a lack of fresh triggers. Read more
Shehbaz Sharif said on Tuesday his government was working on implementing conditions from the International Monetary Fund (IMF) to complete its loan programme. Read more
The Securities and Exchange Commission of Pakistan (SECP) has issued a public alert regarding the increasing number of fraudulent WhatsApp groups. Read more
Gold price in Pakistan decreased on Tuesday, with 24-karat gold being sold at Rs261,500 per tola, down Rs1,000. Read more
The government is exploring various options for restructuring the Utility Stores Corporation and has assured that there are no plans to shut it down. Read more
Imran Maniar has resigned from the position of Chief Executive Officer (CEO) and Managing Director (MD) of Sui Southern Gas Company Limited (PSX: SSGC). Read more
Prime Minister Muhammad Shehbaz Sharif has expressed satisfaction over the drop of inflation rate to single digit during the last month. Read more
The CCoSOEs categorised Trading Corporation of Pakistan (TCP) and Smeda as essential state-owned enterprises (SOEs). Read more
To discuss strategic initiatives and future directions of the joint venture in Pakistan Muhammad Aurangzeb held a meeting with the leadership of Pak-Kuwait. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 170,830.22 319.89M | -0.14% -243.51 |
| ALLSHR | 102,922.38 808.59M | -0.19% -197.80 |
| KSE30 | 52,169.49 112.77M | -0.13% -68.01 |
| KMI30 | 242,960.31 62.27M | -0.31% -745.44 |
| KMIALLSHR | 66,780.42 307.03M | -0.21% -140.25 |
| BKTi | 47,435.60 66.45M | 0.00% 0.50 |
| OGTi | 33,373.62 6.42M | 0.72% 237.60 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 87,745.00 | 88,220.00 87,355.00 | -5.00 -0.01% |
| BRENT CRUDE | 62.44 | 62.44 62.30 | 0.20 0.32% |
| RICHARDS BAY COAL MONTHLY | 87.50 | 0.00 0.00 | 1.30 1.51% |
| ROTTERDAM COAL MONTHLY | 94.50 | 0.00 0.00 | 0.45 0.48% |
| USD RBD PALM OLEIN | 1,027.50 | 1,027.50 1,027.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 58.53 | 58.55 58.35 | 0.18 0.31% |
| SUGAR #11 WORLD | 15.30 | 15.34 15.16 | 0.10 0.66% |
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