November 18, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan’s inflation is expected to ease to the lowest level in six years in November after an uptick last month as food and transport costs fell. Read more
Following Donald Trump’s election as the country’s new leader, attention to the US economy appears to have somewhat slowed. Read more
The International Monetary Fund (IMF) has urged the Pakistani government to reduce state intervention in the economy and promote competition. Read more
The government has kept the petrol and High Speed Diesel (HSD) prices unchanged for the next fortnight. Read more
The large-scale manufacturing (LSM) sector of Pakistan recorded a decline of 1.92% in September 2024 compared to last year. Read more
Pakistan’s short-term inflation eased significantly to 4.16% over the prior year, the lowest annual gain since October 2018. Read more
The Ministry of Finance has revised Punjab’s budget figures, reporting a Rs40 billion surplus for Q1 FY 2024-25, overturning the earlier reporting of deficit. Read more
Ogra has raised Re-gasified Liquefied Natural Gas (RLNG) prices by up to 2.68% for November 2024. Read more
Foreign currency deposits fell $105m or 1.58% to $6.58 billion as of October 2024 comapred to last month. Read more
Pakistan has decided to offer its unprofitable flag carrier to other countries in a direct sale deal as one option after a failed attempt. Read more
The Pakistani rupee (PKR) increased by 7.04 paisa or 0.03% against the US dollar in Friday’s interbank session to settle the trade at PKR 277.67 per USD. Read more
Indus Motor Company Limited (PSX: INDU) has decided to temporarily suspend operations at its production facility from November 18 to 20 due to parts shortage. Read more
Lotte Chemical Pakistan Ltd. (PSX: LOTCHEM) has announced a planned suspension of plant operations from November 16 to December 15, 2024, to manage inventory. Read more
Pakistan Petroleum Ltd. (PSX: PPL) has made a gas/condensate discovery from exploration well Pateji X-1, Shah Bandar Block. Read more
Fertilizer sales, including urea and DAP, rose 7.6% compared to last year during October 2024. Read more
Pakistan’s technology stocks are lagging behind the broader market for the third year in a row. Read more
Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal yesterday outlined the government’s ambitious plans to elevate Pakistan’s. Read more
In a significant move to enhance transparency, accountability, and operational efficiency in Pakistan’s oil sector, the Oil and Gas Regulatory Authority. Read more
The net sale of securities for the week ended November 08, 2024 clocked in at Rs11.57bn, as compared to a net purchase worth Rs6.89 billion recorded last week. Read more
SBP and Bangladesh Bank have granted in-principle approval to BAFL to allow of Sri Lanka to begin due diligence on BAFL’s Bangladesh operations. Read more
The National Electric Power Regulatory Authority (Nepra) has issued a show cause notice to K-Electric (KE) following repeated failures to comply with. Read more
Bank Alfalah Limited (PSX: BAFL) has introduced a 5% fee on month-end balances exceeding Rs5 billion. Read more
Copyright Mettis Link News
Posted on: 2024-11-18T06:00:00+05:00
