MG Morning Breeze: Updates to Skim before Market

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MG News | September 25, 2024 at 06:00 AM GMT+05:00

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September 25, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

Canadian renewable energy firm JCM Power has clinched the spotlight with the lowest tariff bid of Rs8.9189. Read more

The final draft for Pakistan International Airlines’ privatization has been prepared, with 60% of the carrier’s shares set for sale on October 01. Read more

The country’s restored economic stability has paved the way towards. Read more

Pakistan’s bond yields have plummeted to their lowest level in up to 2.5 years following an aggressive policy rate cut, with the rejection of all bids. Read more

The board of Mari Petroleum Company Limited (PSX: MARI) has approved an investment of Rs10 billion in a proposed wholly owned subsidiary by way of equity. Read more

The Organic Meat Company Limited (PSX: TOMCL) has secured a contract of $12 million for the supply of frozen cooked beef meat to People’s Republic of China. Read more

The Competition Commission of Pakistan (CCP) has approved internal restructuring involving Nishat Chunian Limited (NCL), Nishat Chunian Power Limited (NCPL). Read more

Fauji Fertilizer Company Limited (PSX: FFC) has emerged as the company with the largest market capitalization among the remaining companies of the KSE-100. Read more

The benchmark KSE-100 Index concluded Tuesday’s trading session at 81,483.64, showing a decrease of 366.86 points or 0.45%. Read more

The Pakistani rupee (PKR) appreciated by 6.6 paisa or 0.02% against the US dollar in Tuesday’s interbank session to settle the trade at PKR 277.8 per USD. Read more

TPL Trakker Limited (PSX: TPLT) posted a profit after tax of Rs29.44 million [EPS: Rs0.16] for the quarter ending June 2024, down 20.2%. Read more

Local mobile assembly and manufacturers have assembled 20.44 million mobile phones during the first eight months of the ongoing calendar year (January-August. Read more

The High Court of Sindh has sanctioned the merger of Liven Pharmaceuticals (Pvt.) Limited (LPL) with Landmark Spinning Industries Limited (PSX: LMSM). Read more

Gold price in Pakistan increased on Tuesday, with 24-karat gold being sold at Rs273,000 per tola, up Rs1,100. Read more

The VIS Credit Rating Company Limited (VIS) has assigned an initial rating to Maple Leaf Power Limited of ‘A’ for long term and ‘A-1’ for short term. Read more

The Board of Directors (BoD) of Amreli Steels Limited (PSX: ASTL) has decided to temporarily suspend operations at its oldest manufacturing facility. Read more

The government is implementing all possible strategies to reduce power tariffs and protect consumer rights, Federal Minister for Energy said on Monday. Read more

Copyright Mettis Link News

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0.48%
402.35
KSE30 40,814.29
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0.33%
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KMI30 192,589.16
116.24M
0.49%
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KMIALLSHR 56,072.25
387.69M
0.32%
180.74
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19.46M
-0.05%
-16.94
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6.19M
0.21%
58.78
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Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
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ROTTERDAM COAL MONTHLY 108.75 108.75
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0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
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SUGAR #11 WORLD 16.56 16.60
16.20
0.30
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