MG Morning Breeze: Updates to Skim before Market

News Image

By MG News | October 21, 2024 at 06:00 AM GMT+05:00

0:00

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

Copyright Mettis Link News

Related News

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%

Chart of the Day


Latest News
July 09, 2025 at 03:25 PM GMT+05:00

U.S. tariff hike raises pressure on Asian allies


July 09, 2025 at 02:54 PM GMT+05:00

Arif Habib consortium joins race for PIA privatisation


July 09, 2025 at 01:30 PM GMT+05:00

Image Pakistan plans acquisition of UK luxury brand


July 09, 2025 at 12:37 PM GMT+05:00

Workers' remittances reach record high of $38.3bn in FY25


July 09, 2025 at 12:31 PM GMT+05:00

Lucky Cement, partners explore PIA acquisition



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg