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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 27, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The share price of Pakistan Hotels Developers Limited (PSX: PHDL) has experienced a surge of 207.19% in just the last 20 trading sessions. Read more

The Pakistani rupee (PKR) gained over 1 rupee against the US dollar in Tuesday's interbank session and settled at PKR 289.8 per USD, compared to the previous session's closing of PKR 290.86 per USD. Read more

The Securities and Exchange Commission of Pakistan (SECP) has introduced important amendments to the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Regulations, 2020. Read more

The Pakistan Stock Exchange (PSX) remained rangebound throughout today’s session amid a lack of positive triggers. Read more

 Tariq Glass Industries Limited (PSX: TGL) has reported a profit of Rs2.52 billion [EPS: 12.63] for the fiscal year 2023. Read more

Nishat Mills Limited (PSX: NML) witnessed a 17.98% YoY increase in profitability during FY23, achieving a profit after tax of Rs12.17 billion. Read more

The country incurred external loans of $316.14 million in August 2023 from multiple financing sources. Read more

Total inflows into Roshan Digital Accounts (RDA) during August 2023 stood at $130 million, bringing the total cumulative inflows into RDA to $6,617m. Read more

Gul Ahmed Textile Mills Limited (PSX: GATM) has wrapped up the financial year 2023 on a depressing note as the bottom line of the company shrank by 50.26% YoY to Rs4.89 billion (EPS: Rs6.62). Read more

Nimir Industrial Chemicals Limited (PSX: NICL) has reported a profit of Rs2.22 billion [EPS: Rs17.60] for the fiscal year 2023, which reflects an increase of 12.45% YoY. Read more

Agha Steel Industries Limited (PSX: AGHA)'s profitability has plunged by 51.21% YoY to Rs904.9 million [EPS: 1.50] in fiscal year 2023. Read more

The Board of Directors of Gul Ahmed Textile Mills Limited (PSX: GATM) on Monday decided to reallocate a sum of Rs23 billion from the revenue reserves to separate capital reserves, un-distributable by way of dividend to more accurately reflect the nature of these reserves. Read more

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Posted on: 2023-09-27T06:20:00+05:00