MG Morning Breeze: Updates to Skim before Market

By MG News | October 21, 2024 at 06:00 AM GMT+05:00
October 21, 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) is expected to cut its policy rate by a further 400 basis points (bps) this year. Read more
The most dramatic shift of the year has been the gold price, which has easily soared past $ 2700 and shows no signs of slowing down. Read more
Pakistan stocks ended the week slightly in red after hitting a fresh record mid-week. Read more
Minority shareholders of Siemens (Pakistan) Engineering (SIEM) are facing a troubling development as the company. Read more
The 23rd meeting of the Council of Heads of Government (CHG) of the Shanghai Cooperation Organization (SCO). Read more
Pakistan Refinery Limited (PSX: PRL) has denied reports of entering into a partnership with a Chinese company. Read more
The net sale of securities for the week ended October 11, 2024 clocked in at Rs9.41bn, as compared to a net purchase worth Rs21.42bn recorded last week. Read more
The Pakistan Stock Exchange (PSX) conducted an auction today for the sale of Government of Pakistan Ijara Sukuk (GIS) bonds, raising Rs251.02bn against. Read more
Automobile financing in Pakistan has increased to Rs227.54bn in September 2024, witnessing a rise of 0.11% MoM compared to Rs227.3bn recorded in August 2024. Read more
Pakistan stocks dropped for the second consecutive session after hitting their 40th record, with the benchmark KSE-100 Index shedding 335.34 points or 0.39%. Read more
Given the federal government’s approval to export 40,000 MT of sugar to Tajikistan, the State Bank of Pakistan (SBP) has issued certain conditions. Read more
Attock Cement (Pakistan) Limited (PSX: ACPL) saw its quarterly earnings shrank 96% to Rs61.91 million [EPS: Rs0.45] compared to a profit of Rs1.54bn. Read more
Pakistan International Airlines (PIA) is currently indebted to the PIA Employees’ Pension Trust Fund for approximately Rs40 billion. Read more
The Pakistani rupee (PKR) gained by 17.94 paisa or 0.06% against the US dollar in Friday’s interbank session to settle the trade at PKR 277.61 per USD. Read more
Attock Refinery Limited’s (PSX: ATRL) profit slumped 71% in the third quarter of 2024 as its margins eroded. Read more
Pakistan Oilfields Limited (PSX: POL)’s earnings for the third quarter plummeted by 73.54% with the profit after tax clocking in at Rs2.57 billion. Read more
Interloop Limited (PSX: ILP) a global leader in sustainable textile manufacturing, has joined the Denim Deal. Read more
Pakistan Stock Exchange Limited (PSX) has announced the listing of BF Biosciences Limited (BFBIO) with effect from Monday, October 21, 2024, on the Exchange. Read more
Attock Petroleum (APL) net profit fell 54.7% to Rs2.38 billion [EPS: Rs19.17] in quarter ending September 2024 from last year as its margins slumped. Read more
Pakistan Refinery Limited (PSX: PRL) suffered a substantial loss of Rs2.35 billion [LPS: Rs3.73] for the quarter ended September 2024. Read more
The fiscal year 2024 witnessed improvements across key macroeconomic indicators after two challenging. Read more
National Refinery incurred a net loss of Rs7.24 billion [LPS: Rs90.5] in the quarter ending September 2024 as its revenue fell while costs jumped. Read more
Pakistan’s short-term inflation increased by 0.28% compared to last week as of October 17, 2024, while it rose 15.02% over the prior year. Read more
At the request of trade bodies and to ensure stakeholder confidence, the Federal Board of Revenue (FBR) has decided that the filing of an affidavit. Read more
The State Bank of Pakistan (SBP) has announced that Raast has processed 892 million transactions amounting Rs20 trillion. Read more
Pakistan’s revised trade deficit for September was $1.83 billion, compared to $1.772bn the previous month, reflecting a 3.39% rise. Read more
The first ever Pakistan – Oman Expo and Business Conference concluded in Muscat with millions of dollars of immediate export orders for Pakistani businessmen. Read more
Frieslandcampina Engro Foods Limited (PSX: FCEPL) posted a profit after tax of Rs765.83 million [EPS: Rs1] in quarter ending September 2024. Read more
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Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 132,710.56 158.41M |
-0.52% -692.63 |
ALLSHR | 83,044.05 884.37M |
-0.17% -144.00 |
KSE30 | 40,403.61 55.76M |
-0.61% -247.84 |
KMI30 | 190,924.97 66.79M |
-0.60% -1158.95 |
KMIALLSHR | 55,748.86 448.16M |
-0.18% -98.84 |
BKTi | 36,312.73 11.02M |
-0.30% -110.14 |
OGTi | 28,341.11 10.56M |
-0.34% -96.50 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 109,105.00 | 109,545.00 108,625.00 |
-110.00 -0.10% |
BRENT CRUDE | 70.41 | 70.71 69.85 |
0.26 0.37% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
1.45 1.51% |
ROTTERDAM COAL MONTHLY | 109.00 | 109.00 109.00 |
1.90 1.77% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 68.64 | 68.94 67.78 |
0.31 0.45% |
SUGAR #11 WORLD | 16.41 | 16.41 16.08 |
0.28 1.74% |
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