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MG Morning Breeze: Updates to Skim before Market

MG Morning Breeze: Updates to Skim before Market
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October 10, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The Pakistani rupee (PKR) appreciated by 1.04 rupees against the US dollar in Monday’s interbank session as the currency settled the trade at PKR 281.65 per USD. Read more

In the wake of the buzz surrounding Attock Petroleum Limited (PSX: APL)'s keen interest in acquiring Shell Pakistan Limited (PSX: SHEL). Read more

Pakistan's Gross Domestic Product (GDP) growth rate is expected to expand by only 2.4% in FY24, as per the latest Bloomberg survey of nine economists conducted from October 04-06. Read more

The second phase of CPEC has officially commenced, and the government's commitment to implementing the CPEC projects remains steadfast. Read more

The equity market swung in both directions in a volatile session on Monday, fluctuating between gains and losses throughout the session. Read more

Mari Petroleum Company Limited (PSX: MPCL) has achieved a milestone by successfully drilling and testing the appraisal well known as Mari Ghazij-2 within the Mari Development & Production License (D&PL) area. Read more

The National Savings has recently unveiled its latest Sarwa Islamic Term Account (SITA) rates, presenting attractive investment opportunities through Islamic certificates. Read more

Symmetry Group Limited (PSX: SYM) has entered into an agreement with Hummingbird International LLC USA to provide Transformation Services. Read more

Refinery companies are now enabled to offer flexible dividend payouts following the government's approval of the Brownfield Refinery Policy 2023. Read more

Afghan transit trade has a significant economic impact on Pakistan, resulting in a loss of around $6 billion for the country. Read more

The Organic Meat Company Limited (PSX: TOMCL) has successfully become the first and only company from Pakistan to secure Approvals from the General Administration of Customs of the People's Republic of China (GACC) to export "Cooked/heat treated Frozen Beef" to The Peoples' Republic of China. Read more

Oil prices surged as much as 5% on market open, amid the Israel-Palestine conflict that unfolded during the weekend. Read more

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Posted on: 2023-10-10T06:44:52+05:00