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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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January 06, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The Pension Reform Commission 2020 has introduced pension reforms to reduce the huge cost and risks of pension liability on public finances. Read more

Due to better economic conditions in USA, the USD strengthened at the start of the new year, reaching a 2 years high. Read more

Bullish sentiments remained intact throughout the past week as the benchmark KSE-100 index. Read more

Market Data and Economic Indicators. 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

To further discourage the utilization of captive gas units, an initial levy of 5% will be imposed on the base price. Read more

The Asian Development Bank (ADB) and the Securities and Exchange Commission of Pakistan (SECP) organized a Training of Trainers (ToT). Read more

The appellate bench of the Securities and Exchange Commission of Pakistan (SECP) has dismissed. Read more

The Board of Directors of Chakwal Spinning Mills Ltd (PSX: CWSM) has approved the new name of the company as “Infini Data Technologies Limited”. Read more

The “Uraan Pakistan” 13th Five-Year Plan (2024-2029) plan aims to generate $5bn in revenue through freelancing and the gig economy. Read more

The benchmark KSE-100 Index concluded Friday’s trading session at 117,586.98, showing an increase of 467.33 points or 0.40%. Read more

Gold price in Pakistan increased on Friday, with 24-karat gold being sold at Rs276,900 per tola, up Rs2,200. Read more

Inflows into U.S. equity funds fell sharply in the week through Jan 01. Read more

PICIC Insurance Limited (PSX: PIL) progress has been notably hindered by the ongoing merger process. Read more

China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state planner. Read more

Pakistan Credit Rating Agency (PACRA) has upgraded entity ratings to Sindh Microfinance Bank Limited. Read more

Oil prices barely budged on Friday after closing at their highest in more than two months in the prior session. Read more

Indonesian companies will get a 1-1/2 month transition period. Read more

Security Leasing Corporation Limited (PSX: SLCL) has reported significant progress. Read more

In a significant development, the Securities and Exchange Commission of Pakistan (SECP) has. Read more

The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively. Read more

Indonesia has yet to implement a higher mandatory blend of biodiesel. Read more

The Board of Directors and shareholders of D.M. Textile Mills Limited (PSX: DMTX) have approved the change of the company’s principal line of business to real. Read more

The Special Investment Facilitation Council (SIFC) has endorsed the action plan. Read more

The growth in exports from Pakistan to Kenya marks the highest recorded in the past five years, rising 36% from $310 million in 2023 to $421 mn in 2024. Read more

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Posted on: 2025-01-06T09:49:21+05:00