MG Morning Breeze: Updates to Skim before Market
MG News | September 20, 2024 at 06:00 AM GMT+05:00
September 20, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The State Bank of Pakistan (SBP) conducted an auction on Thursday in which it sold Pakistan Investment Bonds (PIBs) worth Rs83.26 billion against the Rs200bn. Read more
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $43 million or 0.45% WoW to $9.51 billion during the week ended. Read more
Pakistan’s benchmark stock index breached 82,000 level for the first time in history after key economic reports. Read more
The total deposits held by scheduled banks have moved up by 17.9% from a year ago to Rs30.78 trillion in August 2024 compared to Rs26.11tr in August 2023. Read more
The Pakistani rupee (PKR) appreciated by 12.91 paisa or 0.05% against the US dollar in Thursday’s interbank session to settle the trade at PKR 277.91 per USD. Read more
The total power generation in the country decreased by 17.4% to 13,180 GWh during August 2024 as compared to 15,959 GWh in the same month of last year. Read more
Cotton arrivals in Pakistan plunged 64% to 1.434 million bales as of Septemebr 15, 2024, as compared to 3.934m bales in the same period of last year. Read more
The Bank of England held interest rates at 5.0% on Thursday and voted to reduce the stock of UK government bond purchases by £100 billion. Read more
United Bank Limited (UBL) and JazzCash have teamed up to transform digital retailer payments with advanced digital solutions. Read more
The State Bank of Pakistan (SBP) has issued an exchange company license to “BOP Exchange (Private) Limited,” a wholly owned subsidiary of The Bank of Punjab. Read more
Gold price in Pakistan rose to a fresh record on Thursday, with 24-karat gold being sold at Rs268,500 per tola, up Rs800. Read more
The energy transition extending across multiple price control periods implies the need for substantial and complex grid-development capex by EMEA electricity. Read more
Pakistan’s Power Sector witnessed the highest net Foreign Direct Investment (FDI) worth $148.02 million in August 2024, as per the latest data released. Read more
Pakistan is eyeing to join BRICS, and looks forward to a positive role from Russia in helping it join the organization. Read more
Among Pakistan’s top trading partners, China remained the top source of imports for Pakistan during August 2024, clocking in at $1.15 billion. Read more
The government is considering a proposal to establish a new steel mill in Karachi with Russian cooperation. Read more
Pakistan’s Reko Diq copper-gold project is poised to deliver 400,000 tonnes of copper and 500,000 ounces. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 168,303.25 328.07M | 0.73% 1217.67 |
| ALLSHR | 101,798.94 781.32M | 0.57% 578.22 |
| KSE30 | 51,168.55 142.41M | 0.78% 396.53 |
| KMI30 | 242,124.59 148.48M | 0.92% 2201.24 |
| KMIALLSHR | 66,390.97 419.71M | 0.53% 348.17 |
| BKTi | 45,186.23 25.50M | 0.18% 79.85 |
| OGTi | 33,669.86 17.96M | 0.26% 86.81 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 91,145.00 | 91,145.00 91,090.00 | 155.00 0.17% |
| BRENT CRUDE | 62.53 | 63.96 62.34 | -1.22 -1.91% |
| RICHARDS BAY COAL MONTHLY | 91.00 | 0.00 0.00 | 0.20 0.22% |
| ROTTERDAM COAL MONTHLY | 97.00 | 97.70 97.00 | -0.25 -0.26% |
| USD RBD PALM OLEIN | 1,016.00 | 1,016.00 1,016.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 58.85 | 58.88 58.84 | -0.03 -0.05% |
| SUGAR #11 WORLD | 14.83 | 14.93 14.72 | 0.03 0.20% |
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