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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 26, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The World Bank today approved $450 million in additional financing for the Sindh Flood Emergency Housing Reconstruction. Read more

The Cabinet Committee reaffirmed its decision that SRBC will not be classified as strategic or essential and reviewed a Ministry of Information and. Read more

The State Bank of Pakistan (SBP) conducted an auction for floating rate Pakistan Investment. Read more

The State Bank of Pakistan (SBP) conducted an auction on Tuesday in which it sold Market Treasury Bills (MTBs) worth Rs913.14 billion. 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 UN Ambassador Munir Akram held a meeting with the UN Under-Secretary-General for Economic and Social Affairs. Read more

Prime Minister Muhammad Shehbaz Sharif has directed authorities to bring tax defaulters into the tax net and take strict action against non-compliance. Read more

The Pakistani rupee (PKR) gained by 9.70 paisa or 0.03% against the US dollar in Tuesday’s interbank. Read more

The benchmark KSE-100 Index concluded Tuesday’s trading session at 112,414.80, showing a decrease of 1,509.61 points or 1.33%. Read more

Gold spot prices gained 0.15% ($4.01) at $2,616.76 per ounce, as of [03:54 pm PST] from the prior day’s close of $2,612.75 per ounce. Gold futures was up 0.2%. Read more

Gold price in Pakistan decreased on Tuesday, with 24-karat gold being sold at Rs272,600 per tola, down Rs800. Read more

Thatta Cement Company Limited (PSX: THCCL) has successfully acquired 12.5 million shares. Read more

Fauji Fertilizer Company Limited (FFC) will allot and issue a total of 150.87 million ordinary shares to eligible shareholders of Fauji Fertilizer Bin Qasim. Read more

Oil & Gas Development Company Limited (PSX: OGDCL) has announced revived the Dars West-2 Well. Read more

Pakistan Petroleum Limited ( PSX: PPL) and its joint venture partners, United Energy Pakistan Limited and Asia Resources Oil Limited. Read more

Oil prices rose on Tuesday, reversing the prior session’s losses, buoyed by a slightly positive market outlook for the short term, despite thin trade ahead of. Read more

Khurram Schehzad, Advisor to Finance Minister, reaffirmed the government’s commitment to supporting capital market growth, recognizing its role in stabilizing. Read more

The EnVen Plant of Engro Fertilizers Limited has successfully resumed its operations today, following the completion of unscheduled maintenance and repairs. Read more

Nippon Steel’s $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden, a White House spokesman said, giving the president 15 days to. Read more

Pakistan Credit Rating Agency Limited (PACRA) has maintained the ratings of Cherat Packaging Limited. Read more

Chinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year, two sources said, which would be the. Read more

The Securities and Exchange Commission of Pakistan (SECP) has flagged 37 companies that are engaged in unauthorized activities, including leasing, financing. Read more

Pakistan and Coca-Cola Içecek (CCI) collaborated to increase foreign investment, aiming to enhance business opportunities in Pakistan. Read more

Local mobile assembly and manufacturers produced 28.43 million mobile phones during 11MCY24 (Jan-November 2024). Read more

Jeddah has opened its doors to the inaugural “Made in Pakistan” Exhibition. Read more

VIS Credit Rating Company Limited (‘VIS’) has reaffirmed the entity ratings Power Cement Limited. Read more

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Posted on: 2024-12-26T08:08:15+05:00