November 13, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
A delegation led by the International Monetary Fund (IMF) Mission Chief Nathan Porter had an initial meeting with the Minister for Finance and Revenue. Read more
Junk-rated dollar debt from developing nations like Pakistan is attracting fresh bets from money managers. Read more
A US-based nonprofit is working towards mobilizing $1.5bn to invest in startups focused on agricultural adaptation in developing world, including Pakistan. Read more
Fauji Foundation has withdrawn its Public Announcement of Intention (PAI) to acquire shares and control of Agha Steel Industries Limited (PSX: AGHA). Read more
The benchmark KSE-100 Index concluded Tuesday’s trading session at 93,224.56, showing a decrease of 423.76 points or 0.45%. Read more
The Pakistani rupee (PKR) fell by 6.55 paisa or 0.02% against the US dollar in Tuesday’s interbank session to settle the trade at PKR 277.93 per USD. Read more
Pakistan’s external debt servicing (including both principal and interest) by the government stood at Rs3.594 billion for the first quarter of FY25. Read more
Gold extended its downward slide on Tuesday, with 24-karat gold slumping Rs7,000 to Rs270,500 per tola. Read more
Avanceon Limited (PSX: AVN) has secured multimillion-dollar contracts in both Qatar and Pakistan Regions within the Infrastructure Public Works domain. Read more
Asian shares dropped with European and US equity futures as traders weighed the impact of president-elect Donald Trump’s policy agenda. Read more
Oil fell for a third day on a soft demand outlook in China, and a stronger US dollar. Read more
Pakistan Credit Rating Agency (PACRA) has provided an update on the entity ratings of The Hub Power Company Limited (HUBC) in light of the company’s. Read more
The Pakistan Stock Exchange (PSX) has issued a Risk Warning Alert (RWA) against Bela Automotives Limited (PSX: BELA) due to its continuous violation of PSX. Read more
National Electric Power Regulatory Authority (NEPRA) has issued its decision on K-Electric’s petition for provisional monthly fuel charge adjustments (FCA). Read more
The dog-themed memecoin Dogecoin, a digital token promoted by Donald Trump supporter Elon Musk, is up 150% this month so far following Trump’s return. Read more
SBP has granted its final approval to TPL Corp Limited (PSX: TPL) and Abhi (Private) Limited for the acquisition of up to 94.8% shareholding in FINCA. Read more
The total government domestic debt and liabilities dropped by 1.65% to Rs47.85 trillion in September 2024 compared to Rs48.65tr in the previous month. Read more
The sponsors and majority shareholders of First Capital Equities Limited (PSX: FCEL) and Khalid Siraj Textile Mills Limited (PSX: KSTM). Read more
Sindh Chief Minister Syed Murad Ali Shah has said that efforts to revive Pakistan Steel Mill are making progress as an online meeting is scheduled for next week Read more
To enhance bilateral ties, particularly in deepening cooperation in housing sector, Ambassador of Türkiye, Irfan Neziroglu, met with Minister for Housing. Read more
A total of 179,210 Pakistani pilgrims will perform Haj in the year 2025, Minister for Religious Affairs and Interfaith Harmony Chaudhry Salik Hussain announced. Read more
Ambassador Rizwan Saeed Sheikh inaugurated the Pakistan-U.S. Tech Investment Conference and unveiled the “Digital Trinity” concept. Read more
IGI Holdings Limited (PSX: IGIHL) has entered into a share purchase agreement (SPA) to acquire a 6.04% shareholding in its listed associate, Packages Limited. Read more
The Securities and Exchange Commission of Pakistan (SECP) successfully inaugurated its first-ever Pakistan Start-up Summit at the Pearl Continental Hotel. Read more
The Saudi National Bank (SNB), majority shareholder of Samba Bank Limited (PSX: SBL), has terminated the process to sell its equity stake in Samba Pakistan. Read more
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Posted on: 2024-11-13T06:00:00+05:00
