December 12, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The State Bank of Pakistan (SBP) conducted an auction for floating rate Pakistan Investment Bonds on Wednesday in which it sold Rs788.14 billion for 5. Read more
The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs1.26 trillion. Read more
The exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) showed minor movements against the Pakistani rupee (PKR) in Friday’s. Read more
A delegation of foreign investors met Finance Minister for Finance and Revenue, Senator Muhammad Aurangzeb today to discuss economic reforms and investment. Read more
The Securities and Exchange Commission of Pakistan (SECP) has unveiled the Women Equality in Finance Policy Framework (WEFP). Read more
The Advances to Deposit Ratio (ADR) of the banking sector jumped to 47.8% as of November 29, 2024, significantly up by 352 basis points. Read more
After breaking its nine-day-long winning streak, Pakistan stocks resumed their upward surge as the market anticipates a rate cut by the central bank. Read more
Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs280,500 per tola, up Rs3,100. Read more
The Business Confidence Index (BCI) improved by 9%, as findings revealed from the Wave 26 survey conducted by the Overseas Investors Chamber of Commerce. Read more
The Pakistani rupee (PKR) decreased by 11.82 paisa or 0.04% against the US dollar in Wednesday’s interbank session to settle the trade at PKR 278.17 per USD. Read more
Pakistan and Tajikistan have signed two landmark Memorandums of Understanding (MoUs) during the 7th Pakistan-Tajikistan Joint Commission (JC) meeting. Read more
Roshan Packages Limited (PSX: RPL) has received an offer letter from its wholly owned subsidiary, Roshan Sun Tao Paper Mills (Pvt). Read more
Private sector credit (PSC) rose Rs151.28 billion WoW to Rs10.68 trillion as of November 29, 2024, data released by State Bank of Pakistan (SBP) showed. Read more
Oil prices rose on Wednesday, with market participants expecting demand to rise in China, the world’s largest crude importer, after Beijing announced it would. Read more
Oil and Gas Development Company Limited (PSX: OGDC) has successfully emerged as the winner in the second bidding. Read more
TRG Pakistan Limited through an Exchange Notice today has informed that it has received certified. Read more
In a significant development, Pakistan observed a positive change of 1.2 points in the Global Consumer. Read more
Motorcycles and three-wheeler sales in Pakistan dropped 12.5% in November 2024 to 120,484 units compared to 137,693 units sold in the previous month. Read more
The government of Pakistan has retired a debt of Rs140.89 billion during the week ended November 29, 2024, which brings its total net retirement. Read more
The total deposits held by scheduled banks amounted to Rs31.11 trillion in November 2024. Read more
The Board of Directors of MCB Bank Limited (PSX: MCB) has approved the appointment of Mr Muhammad Nauman. Read more
To address the issue of Advance to Deposit Ratio (ADR) in the banking sector, the Deputy Prime Minister and Foreign Minister, Senator Mohammad Ishaq Dar. Read more
Gold spot prices gained 1.18% ($31.47) at $2,691.54 per ounce, as of [12:40 pm PST] from the prior day’s close of $2,693.87 per ounce, This marks the highest. Read more
Following the suspension of Fauji Fertilizer Bin Qasim Limited (FFBL) shares, effective December 23, 2024, the NCSS has. Read more
ONIC (Digital Technology Managed Services Pvt. Limited) has appointed Symmetry Group to transform its digital presence in Pakistan. Read more
The Asian Development Bank (ADB) has approved $330 million in additional financing to strengthen Pakistan’s federally. Read more
Senator Rubina Khalid unveiled the Benazir Hunarmand Program to provide skill training to 40 semi-skilled individuals from disadvantaged backgrounds, while. Read more
A delegation from the SAARC Chamber of Commerce and Industry (SAARC CCI), met with Federal Commerce Minister Jam Kamal Khan on Tuesday to discuss ways. Read more
The Securities and Exchange Commission’s (SECP) Appellate Bench, an apex quasi-judicial Appellate forum, has managed 314 cases till date during the year 2024. Read more
The Asian Development Bank (ADB) has approved a $200 million loan to modernize power distribution infrastructure in Pakistan and improve distribution. Read more
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Posted on: 2024-12-12T08:01:09+05:00
