November 20, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan’s power sector failed to attract Chinese capital in October, showcasing an unusual trend potentially due to threats to Chinese nationals. Read more
ECC) of the Cabinet has approved a new electricity tariff of Rs26.07/kWh for eligible consumers, applicable to incremental consumption exceeding the benchmark. Read more
Pakistan and the Asian Development Bank (ADB) have signed a landmark $500 million loan agreement for the Climate and Disaster Resilience Enhancement Program. Read more
The benchmark KSE-100 Index concluded Tuesday’s trading session at 95,856.66, showing an increase of 860.99 points or 0.91%. Read more
Foreign investors pulled out $35.46 million from Pakistani T-bills in the first eight days of November as yields continue to fall. Read more
Moody’s has warned that meeting the conditionality of new multilateral financing can prove difficult and increase social risks. Read more
Several Pakistani commercial banks have begun imposing a fee on large month-end deposits in an effort to improve their Advance-to-Deposit Ratio (ADR). Read more
Throughout the day, the currency saw an intraday high (bid) of 278.10 and a low (ask) of 278.00. Read more
The Governor of the State Bank of Pakistan (SBP) Mr. Jameel Ahmad, emphasized the importance. Read more
The new unique registered investor base on the Pakistan Stock Exchange was recorded at a notable 10,001 in October 2024. Read more
As part of the demerger scheme for Arif Habib Limited (AHL), Arif Habib Corporation Limited (AHCL) has issued 13,321,747 new shares to AHL shareholders. Read more
Hallmark Company Ltd. (PSX: HCL) has resolved to change its name from “Hallmark Company Limited” to “Supernet Technologies Limited. Read more
As Manager to the Offer, JS Global Capital Limited announced the withdrawal of the Public Announcement of Intention (PAI) by Asif Ali Shaikh and co-acquirers. Read more
Gold rebounded in Pakistan on Tuesday as Goldman Sachs Group Inc. reiterated a forecast for international prices to reach $3,000 an ounce next year. Read more
Top Justice Department antitrust officials have decided to ask a judge to force Alphabet Inc.’s Google to sell off its Chrome browser. Read more
Pakistan is looking to stimulate demand for electric vehicles by reducing power prices at charging stations. Read more
SNGPL has refuted reports of gas shortages or low pressure in Rawalpindi, assuring consumers of uninterrupted supply, especially during peak meal times. Read more
OneZapp, a subsidiary of Systems Ltd., has officially received approval from SBP to begin commercial operations as an Electronic Money Institute (EMI). Read more
Copyright Mettis Link News
Posted on: 2024-11-20T06:00:00+05:00
