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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 31, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The Pakistan Atomic Energy Commission (PAEC) has achieved a significant milestone in the construction of the Chashma Nuclear Power Plant Unit 5 (C-5). Read more

Amid the circulation of fake documents on social media, TRG Pakistan. Read more

Headline inflation will likely clock in at 4.39% YoY in December 2024, compared to 4.9% in the previous. 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

Global property catastrophe reinsurance rates are expected to drop by. Read more

Pakistan has been saved from default, with inflation reduced from 32% to 4%, and the government’s focus is now on ensuring stability and fostering growth. Read more

The benchmark KSE-100 Index concluded Monday’s trading session at 115,258.99, showing an increase of 3,907.82 points or 3.51%. Read more

Prime Minister Muhammad Shehbaz Sharif has directed the swift installation of smart meters. Read more

Privatization of three power distribution companies (DISCOs) will be completed by the end of next year, said Minister for Power Division, Sardar Awais Ahmed Kha Read more

The Pakistani rupee (PKR) remained largely stable against the US dollar in today’s session. Read more

Gold price in Pakistan decreased on Monday, with 24-karat gold being sold at Rs272,600 per tola, down Rs600. Read more

Renegotiated agreements with Independent Power Producers (IPPs) have. Read more

Big Bird Food Limited (PSX: BBFL) has repaid Rs458.54 million. Read more

In 2023, Germany led global car exports with $177.2 billion, followed by Japan at $110.9bn and China at $77.7bn. Read more

Pakistan’s Gross Domestic Product (GDP) has posted a growth of 0.92% in the first quarter of FY2024-25. Read more

The total money supply circulating within the economy till November 2024 has been recorded at Rs40.09 trillion. Read more

Pakistan’s State-Owned Enterprises (SOEs) losses hit a staggering loss of Rs408 billion, bringing accumulated losses since 2014 to Rs5.9 trillion. Read more

The headline inflation is anticipated to remain 4%- 5% in December 2024. Read more

Asian shares were mixed on Monday after stocks fell broadly on Friday. Read more

Oil prices edged up on Monday in thin holiday trade ahead of the year-end as traders awaited more Chinese and US economic data later this week to assess. Read more

The United States national debt has hit a record-breaking $36.17 trillion. Read more

President Asif Ali Zardari signed the Income Tax (Amendment) Ordinance, 2024, which enacted. Read more

Digital payments in Pakistan surged by 9% during the first quarter of FY25, with retail payments growing by 8%. Read more

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Posted on: 2024-12-31T08:54:54+05:00