December 19, 2024 (MLN): Morning Breeze curates noteworthy updates from the preceding day to lessen the load on its readers.
The State Bank of Pakistan (SBP) conducted an auction on Wednesday, raising Rs381.83 billion through the sale of Pakistan. 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 today’s. Read more
Pakistan’s default risk has dropped by 93%, and the decline in country risk premiums presents a timely. Read more
Broad money (M2), the most widely used measure of money supply in Pakistan, dropped by Rs347.22 billion. Read more
The total power generation in the country increased by 6.4% to 8,032 GWh during November. Read more
A pilot project is launched to equip 1,000 emigrants with essential soft skills aims to enhance Pakistan’s reputation as a provider of skilled workers and. Read more
The return on bank deposits has increased by 72 basis points to 10.82% in November 2024 compared to the deposit rate of 10.10% last month. Read more
The Russian economy is facing stubborn inflation of 8.9% and soaring borrowing costs, with interest rates at a two-decade high of 21%, as reported by APP. Read more
Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs275,900 per tola, up Rs1,000. Read more
Foreign investors ‘ repatriation of profit and dividends rose 112.04% YoY in 5MFY25 to $1.13 billion. Read more
Pakistan wants to enhance its bilateral relations with the United Arab Emirates (UAE) in key sectors such as information technology, renewable energy. Read more
The benchmark KSE-100 Index concluded Wednesday’s trading session at 111,070.29, showing a decrease of 3,790.39 points or 3.30%. Read more
Yousuf Weaving Mills Limited (PSX: YOUW) has rejected allegations. Read more
The Pakistani rupee (PKR) strengthened by around 5 paisa or 0.02% against the US dollar. Read more
Pharaon Investment Group Limited (Holding) S.A.L, Lebanon, the parent company of Attock Cement Pakistan Limited. Read more
The country’s total textile exports increased by 10.18% to $1.46bn in Nov. Read more
Symmetry Group Limited (PSX: SYM) has been awarded a contract from Unilever Pakistan Limited. Read more
Indonesia’s plan to expand its biodiesel mandate from January 1 has raised concerns about its potential impact on global palm oil supplies. Read more
The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market. Read more
The import bill of the petroleum group decreased by 1.24% to $1.4 billion in November 2024, compared to the import bill of $1.424bn recorded in November 2023. Read more
VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Citi Pharma Limited. Read more
The Securities and Exchange Commission of Pakistan (SECP) has issued a public advisory against an illegal deposit and investment. Read more
Pakistan Credit Rating Agency Limited (PACRA) has maintained ratings of MACPAC Films Limited. Read more
Japanese auto titans Honda and Nissan are reportedly in preliminary Read more
Pakistan’s revised trade deficit for November increased to $1.685 billion, up from $1.58bn in the previous month, marking a 6.24% rise, according to revised. Read more
Pakistan and the World Bank agreed to work jointly to enhance Pakistan’s climate risk management systems, focusing on flood resilience and disaster risk. Read more
The Oil and Gas Regulatory Authority (OGRA) has revised the revenue requirements and prescribed prices for the country’s two. Read more
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Posted on: 2024-12-19T06:00:00+05:00
