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
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Posted on: 2024-09-12T06:00:00+05:00
