November 26, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan secured external financing worth $593.91 million in October 2024 from multiple financing sources, 30.1% lower than last month and 30.4% higher. Read more
The benchmark KSE-100 Index surged by as much as 1.55% in early trade on Monday, but selling pressure soon emerged, erasing much of the gains and preventing. Read more
The public and publicly guaranteed (PPG) debt-to-GDP ratio is projected to decline to 66.6% in FY2027, down from 68.6% in FY2025. Read more
The Pakistani rupee (PKR) remained stable against the US dollar in Monday’s interbank session to settle the trade at PKR 277.75 per USD. Read more
Ride-hailing drivers in the port city are facing a financial crisis as their earnings have been slashed by more than 50%. Read more
The Board of Directors of NetSol Technologies Limited (PSX: NETSOL) has decided to recommend to the members the approval for the sale of 2 million. Read more
Gold price in Pakistan decreased on Monday, with 24-karat gold being sold at Rs278,400 per tola, down Rs4,300. Read more
Exchange companies quoted SAR at 73.52 for buying and 74.18 for selling. AED followed suit, with a buying rate of PKR 75.26 and a selling rate of PKR 75.97. Read more
The Pakistan Stock Exchange (PSX) is forwarding the case of First Capital Equities Limited (PSX: FCEL) and Khalid Siraj Textile Mills Limited (PSX: KSTM). Read more
The shareholders of Ghani Chemical Industries Limited (PSX: GCIL) have unanimously approved the Scheme of Compromise, Arrangement and Reconstruction. Read more
Chinese government advisers are recommending that Beijing should maintain an economic growth target of around 5% for 2025. Read more
The Board of Directors of Mughal Energy Limited (PSX; GEMMEL) has approved certain amendments to the terms/structure of the Sukuk Issue of Rs2.5 billion. Read more
The shareholders of Citi Pharma Ltd. (PSX: CPHL) have granted approval for the relocation of the hospital within the city, as disclosed by the company. Read more
VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Nishat Chunian Power Limited (NCPL) from ‘A+/A2’. Read more
World Bank Group to provide social protection measures to at least 500 million people by 2030, including 250m women. Read more
Pakistan’s bullion market, which had been struggling following Trump’s win in the US presidential election, managed to stage a strong rebound last week . Read more
U.S. President-elect Donald Trump officially announced on Wednesday he is nominating Republican Senator Marco Rubio. Read more
Countries at the United Nations climate conference (COP29) in Baku, Azerbaijan, adopted a $300 billion a year global finance target on Sunday. Read more
In order to capitalize on the potential further, Pakistan is seeking to enhance bilateral cooperation with Belarus. Read more
The US has become a less dominant source of greenfield foreign direct investment (FDI), with the share of global capital pledges and projects. Read more
In an extremely concerning turn of events, Waqas Anwar, Member of Infrastructure, stated that Pakistan’s merchandise trade as a percentage of GDP stands. Read more
Pushing forward the infrastructure development of Balochistan, Ahsan Iqbal, Federal Minister for Planning, Development, and Special Initiatives. Read more
Rana Tanveer Hussain, Minister for Industries and Production, emphasized the potential for British companies to invest in Pakistan’s electric vehicle. Read more
Identifying key trade barriers, Consul General of Türkiye Cemal Sangu and Chairman of the Businessmen Group Zubair Motiwala specifically highlighted. Read more
Shifts in the U.S. credit environment are possible if Donald Trump’s campaign platform is implemented as proposed, with tariff hikes, tax cuts. Read more
The Securities and Exchange Commission of Pakistan (SECP) through its centralized Supervision function, continues to maintain. Read more
Copyright Mettis Link News
Posted on: 2024-11-26T06:18:01+05:00
