October 03, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The consumer price index (CPI) for the month of September 2023 clocked in at 31.4% YoY, compared to 27.4% YoY in the last month and 23.2% YoY in September 2022. Read more
PKR appreciated by around 1 rupee against the US dollar in Monday's interbank session as the currency settled the trade at PKR 286.76 per USD, compared to the previous session's closing of PKR 287.74 per USD. Read more
The State Bank of Pakistan (SBP) raised Rs104.82 billion against a target of Rs160bn through the sale of fixed-rate Pakistan Investment Bonds (PIBs). Read more
The sales of oil marketing companies (OMCs) plummeted by 34% YoY to clock in at 1.01 million tonnes (MTs) in September 2023 compared to 1.52 MTs in September 2022. Read more
Cnergyico PK Limited (PSX: CNERGY) has imported Pakistan's first private-sector shipment of Russian crude oil as the cash-strapped nation takes advantage of Moscow's discounts on its oil exports. Read more
The Board of Directors of Cnergyico PK Limited (PSX: CNYERGY) has granted in-principle approval to the management to reorganize/restructure the company. Read more
Cnergyico PK Limited (PSX: CNERGY) has reported a massive loss of Rs13.63 billion [LPS: 2.51] in the fiscal year 2023. Read more
The Organic Meat Company Limited (PSX: TOMCL) reported a remarkable increase in profitability during the fiscal year 2023, with a year-on-year surge of 75.54%. Read more
Pakistan's trade deficit for the month of September was $1.489 billion compared to a deficit of $2.162bn from the previous month, improving by 31.13% MoM. Read more
In a crucial development, a delegation from the International Monetary Fund (IMF) is scheduled to arrive in the last week of this month. Read more
Brent Crude, the major oil benchmark, is expected to drop to $70 a barrel by 2024 as the global market is expected to swing to surplus by next year, according to Citigroup's latest predictions. Read more
The Central Directorate of National Savings (CDNS) has accomplished the target of Rs400 billion in fresh bonds in the current fiscal year, from July 01 to 30th September. Read more
Power Cement Limited (PSX: POWER) has shown significant recovery in fiscal year 2023, reporting a profit of Rs168.99 million. Read more
The Board of directors of Tariq Corporation Limited (PSX: TCORP) has decided not to pursue the proposed sale of its assets. Read more
The management of Agriauto Industries Limited (PSX: AGIL) has informed PSX that due to a reduction in production volumes of major customers. Read more
The State Bank of Pakistan (SBP) decided to maintain the rate of remuneration for the month of October 2023 on the Special Cash Reserve Account (US$) at 4.31%. Read more
Roshan Packages Limited (PSX: RPL) has reported a profit of Rs29.41 million [EPS: 0.21] for the fiscal year 2023. Read more
The benchmark KSE-100 Index ended Monday's trading session at 46,627.08 showing an increase of 394.49 points or 0.85%. Read more
The total assets of the insurance industry increased by 14.5% in 2022, reaching Rs2.421 trillion from Rs2.11tr. Read more
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Posted on: 2023-10-03T06:14:00+05:00
