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Mettis Global News

MG Morning Breeze: Updates to Skim before Market

MG Morning Breeze: Updates to Skim before Market
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December 24, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The Competition Commission of Pakistan (CCP) has approved the application from Nishat Hotels and Properties Limited for the acquisition. 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 and Kenya discussed leveraging Pakistan’s strategic location as a gateway between Central Asia and the East African Community (EAC), emphasizing. Read more

Pakistan secured external financing worth $944.2 million in November 2024 from multiple financing sources. Read more

The Greenfield Tyre Manufacturing Facility project holds significant export potential, in addition to catering to a large domestic market, Khurram Schehzad. Read more

Japanese auto giants Honda and Nissan, along with Mitsubishi Motors signing a memorandum of understanding (MoU). Read more

Gold price in Pakistan remained unchanged on Monday, with 24-karat gold being sold at Rs273,400 per tola. Read more

The Pakistani rupee (PKR) weakened by 14.81 paisa or 0.05% against the US dollar in Monday’s interbank. Read more

The benchmark KSE-100 Index concluded Monday’s trading session at 113,924.41. Read more

Mari Petroleum Company Limited (PSX: MARI) has announced the completion of the disposal process for withheld bonus shares, which included 10% for filers and. Read more

Sapphire Electronics (Pvt) Limited has entered into an agreement with Samsung. Read more

Hallmark Company Limited has officially changed its name to Supernet Technologies Limited (STL). Read more

Credit Rating Company Limited (‘VIS’) has reaffirmed the entity ratings of Aisha Steel Mills Limited. Read more

Crescent Steel and Allied Products Limited (PSX: CSAP) has been awarded a contract valued at Rs1,504 million (excluding sales tax) for the supply of 40-inch. Read more

Remittances to low- and middle-income countries (LMICs) are expected to reach an impressive $685 billion in 2024. Read more

Gold spot prices gained 0.32% ($8.36) at $2,630.36 per ounce, as of [11:55 am PST] from the prior day’s close of $2,623.61 per ounce, This marks the highest. Read more

Oil prices rose on Monday as lower-than-expected U.S. inflation data revived hopes for further policy easing, although the outlook for a supply surplus next. Read more

The Pakistan Stock Exchange Limited (PSX) and State Bank of Pakistan will remain closed on Wednesday. Read more

The aggregate amount of CGT arising on the disposal of shares at the Pakistan Stock Exchange for the period November 1, 2024 to November 30, 2024. Read more

A spokesperson of the Power Division has clarified that the news article titled “Power Ministry Seeks Rs400bn to Meet IMF Condition”, published in Daily News. Read more

The Pakistan Tax Bar Association (PTBA) has raised serious concerns about the misuse of taxpayers’ money, emphasizing that it is being spent without proper. Read more

Meezan Bank, Pakistan’s leading Islamic bank, and Arif Habib Limited, a leader in investment banking. Read more

AKD Securities Limited on behalf of Greentree Holdings Limited has submitted a Public Announcement of Intention. Read more

The Board of Directors of Feroze 1888 Mills Limited (PSX: FML), has approved the establishment. Read more

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Posted on: 2024-12-24T08:29:30+05:00