MG Morning Breeze: Updates to Skim before Market
MG News | November 01, 2024 at 06:00 AM GMT+05:00
November 01, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan recorded the first budget surplus in over two decades during the first quarter of fiscal year 2024-25 thanks to increased revenue. Read more
Blue World City submitted a bid of Rs10 billion for a stake in Pakistan International Airlines (PIA). Read more
The government increased the price of petrol despite lower ex-refinery prices amid a decline in international rates. Read more
MPC of SBP will meet on Monday, November 04, 2024, to decide about the Monetary Policy. Read more
The State Bank of Pakistan (SBP) is widely expected to cut its policy rate further by 200bps. Read more
United Bank Limited (PSX: UBL) has successfully met the Advances to Deposits Ratio (ADR) requirement of 50%. Read more
FBR has launched an advanced Stock Register system via the Information Center 2.0 platform. Read more
Pakistan stocks fell for the second consecutive session on Thursday as traders took profits following a record-breaking rally. Read more
The Pakistani rupee (PKR) deteriorated by 5.77 paisa or 0.02% against the US dollar in Thursday’s interbank session to settle the trade at PKR 277.85 per USD. Read more
Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs287,200 per tola, down Rs700. Read more
Hascol Petroleum Limited (PSX: HASCOL) recorded a decrease of 9.5% YoY in its quarterly losses, clocking in at Rs2.48 billion [LPS: Rs2.48]. Read more
Janana De Malucho Textile Mills Limited has decided to temporarily halt production activities. Read more
The government has set itself an ambitious target of eliminating riba by the start of the year 2028, through the 26th. Read more
The Board of Directors (BoD) of Shell Pakistan Limited (PSX: SHEL) has approved the change of the company’s name to the proposed name “Wafi Energy Pakistan. Read more
The headline inflation for October is expected to slow down with an average estimate of 6.8% YoY compared to 6.9% YoY in the previous month. Read more
Meskay & Femtee Trading Company (Private) Limited has extended its due date by 90 days to acquire approximately 74% shareholding and control of Mandviwalla. Read more
Considering the significant number of investors who have not yet registered in the KYC regime, the National Clearing Company of Pakistan Limited (NCCPL). Read more
Bank Makramah Limited (PSX: BML) has continued its loss-making journey as the bank witnessed a loss of Rs1.74 billion for the quarter ended September 30, 2024. Read more
National Electric Power Regulatory Authority (NEPRA) on Wednesday concluded public hearing into public petition filed by CPPA. Read more
Telecard Limited (PSX: TELE) posted a net profit of Rs92.92 million [EPS: Rs0.15] during the quarter ending September 2024, down 44.3%. Read more
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 171,725.29 261.56M | 2.31% 3881.05 |
| ALLSHR | 103,214.49 498.64M | 2.00% 2024.02 |
| KSE30 | 51,517.14 135.33M | 2.40% 1209.13 |
| KMI30 | 246,565.71 111.44M | 2.29% 5524.54 |
| KMIALLSHR | 67,042.77 274.55M | 1.94% 1273.86 |
| BKTi | 47,299.71 43.26M | 3.04% 1394.54 |
| OGTi | 36,341.37 10.64M | 2.20% 783.44 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 76,575.00 | 77,935.00 76,105.00 | 800.00 1.06% |
| BRENT CRUDE | 97.95 | 98.45 97.12 | 1.81 1.88% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -8.75 -7.37% |
| ROTTERDAM COAL MONTHLY | 113.00 | 0.00 0.00 | 0.30 0.27% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 91.67 | 93.90 89.41 | -4.93 -5.10% |
| SUGAR #11 WORLD | 14.68 | 0.00 0.00 | -0.02 -0.14% |
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