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MG Morning Breeze: Updates to Skim before Market

MG Morning Breeze: Updates to Skim before Market
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September 11, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

Brent crude dropped below $70 a barrel for the first time since December 2021 amid robust supplies coupled with demand concerns. Read more

Pakistan’s central bank is expected to cut its key interest rate further during its policy meeting on Thursday, analysts said. Read more

The sales of cars, including LCVs, vans, and jeeps, in Pakistan increased by 14.8% in August 2024, clocking in at 8,699 units. Read more

The privatisation process of the Pakistan International Airlines (PSX: PIA) would be completed by the end of October 2024. Read more

Hold on tight, Pakistan! It seems like our overseas heroes are sending more love (and money) back home than. Read more

I recently read an article published last week in one of the leading publications about a debate and question-and-answer. Read more

Pakistan’s first biotech manufacturing facility, BF Biosciences Limited (BFBL), is gearing up for its Initial Public Offering (IPO). Read more

In a significant development for both Pakistan’s auto sector and Dewan Farooque Motors Limited (PSX: DFML), the company has officially commenced. Read more

The Board of Directors of Fauji Fertilizer Company Limited (PSX: FFC) has approved the acquisition of shares. Read more

The government is targeting to borrow Rs6.3 trillion during the three months from September to November 2024, through the auction of MTBs and PIBs. Read more

The Petroleum Division has been directed to enhance liaison with stakeholders of China and Saudi Arabia in collaboration with the Ministry of Foreign Affairs. Read more

The government of Pakistan has acquired an additional debt of Rs247.89 billion during the week ended August 30, 2024. Read more

Broad money (M2), the most widely used measure of money supply in Pakistan, rose by Rs432.33 billion WoW to Rs35.62 trillion as of August 30, 2024. Read more

The Securities and Exchange Commission of Pakistan (SECP) in collaboration with the U.S. Commodity Futures Trading Commission (CFTC) commenced the second. Read more

Motorcycles and three-wheeler sales in Pakistan rose 18.02% in August 2024 to 104,234 units compared to 88,318 units sold in the same month of last year. Read more

Pakistan stocks remained relatively stable until the final hour of today’s trading session when a surge in buying activity drove the index higher. Read more

The Pakistani rupee (PKR) appreciated by 8.05 paisa or 0.03% against the US dollar in Tuesday’s interbank session to settle the trade at PKR 278.62 per USD. Read more

Gold price in Pakistan increased on Tuesday, with 24-karat gold being sold at Rs261,700 per tola, up Rs1,300. Read more

The national assembly on Monday passed the National University of Technology (Amendment) Bill, which seeks to amend the National University of Technology Act. Read more

Apple Inc. introduced the latest version of its flagship device, the iPhone 16, betting it can entice consumers with modest hardware upgrades and AI technology. Read more

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Posted on: 2024-09-11T06:00:00+05:00