MG Morning Breeze: Updates to Skim before Market

MG News | October 11, 2024 at 06:00 AM GMT+05:00
October 11, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The Directors of Hub Power Company Limited (PSX: HUBC), in the greater national interest, have decided to initiate a Negotiated Settlement Agreement. Read more
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $106.3 million or 0.99% WoW to $10.81 billion. Read more
Total inflows through Roshan Digital Accounts (RDA) during September 2024 stood at $168 million, bringing the total cumulative inflows to $8.75 billion. Read more
The sales of cars, including LCVs, vans, and jeeps, in Pakistan increased by 23.9% in September 2024, clocking in at 10,297 units. Read more
Sazgar Engineering Works Limited (PSX: SAZEW) witnessed a substantial rise of 173.84% YoY in the sale of four-wheel off-road and passenger vehicles. Read more
Motorcycles and three-wheeler sales in Pakistan rose 22.3% in September 2024 to 130,960 units compared to 107,084 units sold in the same month of last year. Read more
The World Bank has projected Pakistan’s economy to grow 2.8% in fiscal year 2024-25 and 3.2% in fiscal year 2025-26. Read more
Alfalah Investments has announced a strategic collaboration with Emaar Pakistan to explore Real Estate Investment Trust (REIT) opportunities. Read more
Lalpir Power’s Board in its emergent meeting discussed the terms proposed for the early termination of key agreements with the Government of Pakistan. Read more
The Board of Directors of Secure Logistic Group Ltd (PSX: SLGL) and Trax Online(Pvt.) Limited. Read more
The Board of Directors of National Bank of Pakistan (PSX: NBP) has approved the divestment of the entirety of NBP’s shareholding in Agritech Limited (PSX: AGL). Read more
The net purchase of securities for the week ended October 04, 2024 clocked in at Rs21.42bn, as compared to a net sale worth Rs19 million recorded last week. Read more
Reflecting the stability in the currency market, the exchange rates for the Saudi Riyal (SAR). Read more
The State Bank of Pakistan (SBP) conducted an auction for the buyback of Market Treasury Bills (MTBs) in which it purchased Rs475 billion. Read more
To facilitate the phased installation of Closed Circuit Television (CCTV) cameras, the central bank has advised banks and microfinance banks (MFBs) to update. Read more
The benchmark KSE-100 Index concluded Thursday’s trading session at 85,453.22, showing a decrease of 216.05 points or 0.25%. Read more
A staggering tax gap of Rs3.4 trillion has been reported by the Federal Board of Revenue (FBR) in a recent study. Read more
Sindh Infrastructure Development Company Limited (SIDCL) has launched Pakistan’s first ‘Cashless Transport Ticketing System’ for their Orange Line. Read more
The Pakistani rupee (PKR) depreciated by 7.06 paisa or 0.03% against the US dollar in Thursday’s interbank session to settle the trade at PKR 277.79 per USD. Read more
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has awarded HBL the accolade of the ‘Best Conventional Bank of the Year Excellence Award’. Read more
The outlook for office REITs remains challenging, despite positive developments such as back-to-office mandates and the start of the Fed easing cycle. Read more
All conveyances involved in the transportation of smuggled goods are now subject to immediate confiscation without the option for a redemption fine. Read more
In order to streamline the registration of births, marriages/divorces, and deaths, NADRA has launched the Civil Registration and Vital Statistics (CRVS). Read more
Waqar I. Siddiqui, the Chief Executive Officer of Shell Pakistan Limited (PSX: SHEL), has stepped down from his role as CEO of the company. Read more
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KSE100 | 148,617.78 624.60M | 0.86% 1274.27 |
ALLSHR | 91,685.08 1,340.28M | 0.74% 669.39 |
KSE30 | 45,247.79 197.43M | 0.83% 370.74 |
KMI30 | 212,370.79 224.51M | 1.05% 2209.48 |
KMIALLSHR | 61,227.89 711.87M | 1.18% 715.56 |
BKTi | 41,264.02 160.39M | 0.54% 221.73 |
OGTi | 30,019.10 23.63M | 0.64% 190.41 |
Symbol | Bid/Ask | High/Low |
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Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 108,265.00 | 0.00 0.00 | -510.00 -0.47% |
BRENT CRUDE | 67.46 | 67.94 67.29 | -0.52 -0.76% |
RICHARDS BAY COAL MONTHLY | 88.70 | 88.70 88.70 | -0.75 -0.84% |
ROTTERDAM COAL MONTHLY | 96.15 | 96.75 96.00 | -0.40 -0.41% |
USD RBD PALM OLEIN | 1,106.50 | 1,106.50 1,106.50 | 0.00 0.00% |
CRUDE OIL - WTI | 64.01 | 0.00 0.00 | 0.00 0.00% |
SUGAR #11 WORLD | 16.34 | 16.52 16.33 | -0.14 -0.85% |
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