MG Morning Breeze: Updates to Skim before Market

News Image

By MG News | September 12, 2024 at 06:00 AM GMT+05:00

0:00

September 12, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

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

Extending their streak of financial success, Pakistan’s commercial banks have closed another quarter scoring higher earnings driven by increased interest. Read more

Foreign investors poured a net $27.06 million into Pakistani T-Bills in the week ending August 23, 2024, ahead of the SBP’s monetary policy review. Read more

The Federal Board of Revenue (FBR) has collected around Rs1 billion by deducting Rs1 against each invoice in lieu off point of sale (POS) services fee. Read more

Maple Leaf Cement Factory Limited (PSX: MLCF) posted better-than-expected quarterly earnings on Wednesday, while unveiling plans to invest up to Rs2 billion. Read more

Gold price in Pakistan reached a new all-time high on Wednesday, with 24-karat gold being sold at Rs264,000 per tola. Read more

Pakistani stocks fell on Wednesday, erasing the previous day’s gains ahead of the monetary policy meeting. Read more

Nawaf Bin Said Al-Malki, ambassador of Kingdom of Saudi Arabia reiterated his kingdom’s unwavering commitment to contributing to Pakistan’s economic growth. Read more

The government has fixed the period of family pension at 10 years after the death of the retired employee, while in the case of a special child. Read more

The National Clearing Company of Pakistan Limited (NCCPL) has issued a reminder about the deadline for Securities Brokers and Professional Clearing Members. Read more

Habib Rice Products Ltd (HRPL) has incorporated a 100% wholly owned subsidiary company, named Habib Rice Products (FZE) in the Sharjah Airport International. Read more

Sunridge Foods (Private) Limited (Sunridge), has made an investment of Rs500 million in Unity Technologies (Private) Limited (Unity Technologies). Read more

Bank Makramah Limited (BML) has signed a MoU with NCR Corporation and Wavetec (NCR Channel Partner) to transform. Read more

Avanceon FZE, a wholly owned subsidiary of the Avanceon Limited (PSX: AVN), has secured a muti-million-dollar project. Read more

Arif Habib Limited (PSX: AHL) has dispatched the offer letters, along with relevant instructions and letters of acceptance from Wafi Energy Holding Ltd. Read more

Agritech Limited (PSX: AGL) has received a notice of Public Announcement of Intention from Fauji Fertilizer Company Limited (PSX: FFC) regarding its plan. Read more

The Competition Commission of Pakistan (CCP) has successfully recovered PKR 27 million in penalties from Reliance Paints and Pakistan Steel Mills (PSM). Read more

A high-level Chinese business delegation has evinced keen interest for investment in major sectors of Pakistan’s economy and relocating Chinese industries. Read more

Thal Limited (PSX: THALL) posted a profit after tax of Rs757.51 million [EPS: Rs9.35] during the quarter ending June 2024, down 31.3%. Read more

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 133,291.20
129.55M
0.54%
714.22
ALLSHR 83,413.73
433.96M
0.52%
430.06
KSE30 40,496.87
19.81M
0.34%
138.08
KMI30 191,352.27
24.67M
0.33%
624.95
KMIALLSHR 55,943.01
216.24M
0.44%
244.54
BKTi 36,604.04
7.95M
1.00%
361.97
OGTi 28,199.35
2.62M
-0.44%
-124.06
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 111,695.00 112,170.00
111,395.00
-550.00
-0.49%
BRENT CRUDE 70.25 70.42
69.91
0.06
0.09%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.45
1.51%
ROTTERDAM COAL MONTHLY 108.00 109.00
107.95
0.90
0.84%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.40 68.57
68.04
0.02
0.03%
SUGAR #11 WORLD 16.54 16.61
16.08
0.41
2.54%

Chart of the Day


Latest News
July 10, 2025 at 11:09 AM GMT+05:00

Bitcoin soars to record above $112k, bulls now eye $150k


July 10, 2025 at 11:09 AM GMT+05:00

Pakistan invites Turkish firms to expand investment


July 10, 2025 at 11:09 AM GMT+05:00

Dollar slips, real plunges as Trump tariffs rattle Brazil


July 10, 2025 at 10:29 AM GMT+05:00

Trump plans steep 50% Tariff on Brazilian imports



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg