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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 24, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

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

The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market. 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

The Competition Commission of Pakistan (CCP) has approved the acquisition of certain assets, including land, equipment, and machinery of Crescent Cotton. Read more

The State Bank of Pakistan (SBP) has issued updated guidelines for the implementation of International Financial Reporting Standard 9. Read more

The return on bank deposits has decreased by 22 basis points to 7.28% in December 2024 compared to the deposit rate of 7.50%. Read more

The Securities and Exchange Commission of Pakistan (SECP) has issued a consultation paper proposing the launch. Read more

Honda Atlas Car Pakistan (HCAR) announced its 3QMY25 result today, where the company recorded a profit of Rs566 million (EPS of Rs3.97), up 3.95x YoY and 2.2x. Read more

The total Unique Identification Numbers (UINs) increased significantly from July to December 2024. Read more

The benchmark KSE-100 Index concluded Wednesday’s trading session at 113,443.43, showing a decrease of 1,598.82 points or 1.39%. Read more

Oil prices were little changed in early trading on Wednesday as markets weighed U.S. President Donald. Read more

The Pakistani rupee (PKR) fell by 3.72 paisa or 0.01% against the US dollar in Wednesday’s interbank. Read more

The Board of Directors of Security Papers Limited (PSX: SEPL) has decided to proceed. Read more

The Minister of Finance, Muhammad Aurangzeb, had an informal tête-à-tête with Muhammad Yunus, the Chief Advisor of the Interim Government of Bangladesh. Read more

Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs287,450 per tola. Read more

Ghandhara Automobiles Limited (PSX: GAL) has signed two agreements a Distribution Agreement. Read more

Ghani Glass Limited (PSX: GHGL) has restarted production at one of the furnaces of Pharma. Read more

Pakistan and the Kingdom of Saudi Arabia discussed potential avenues for enhanced financial cooperation, with a particular focus on strengthening. Read more

Bank Makramah Limited has filed a settlement application before the relevant court today. Read more

Agritech Limited (PSX: AGL) Urea Plant has resumed operations following the completion. Read more

President Donald Trump largely brushed off questions about adding billions. Read more

Chinese companies will be encouraged to transfer production units to Pakistan, making it their export hub under phase 2 of the China–Pakistan Economic. Read more

Crescent Star Insurance Limited (PSX: CSIL) acquired voting shares of Tristar Power Limited (PSX: TSPL). Read more

Global stakeholders have been invited to invest in Pakistan’s agriculture. Read more

Japanese companies have been invited to provide training to local human resources. Read more

The global Environmental, social, and governance (ESG) Sukuk market is set to surpass $50 billion outstanding in 2025. Read more

VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Cyan Limited. Read more

Mari Minerals (Private) Limited has signed a definitive agreement to acquire a 5% interest in Kohesultan Mining. Read more

To transform Pakistan Post into a world-class courier company, Abdul Aleem Khan, the Federal Minister. Read more

VIS Credit Rating Company Limited reaffirms entity ratings of Sui Northern Gas Pipelines Limited. Read more

The treasury management division of the National Bank of Pakistan (NBP) on Wednesday. Read more

Global stocks gained on Wednesday as a flurry of new policies from U.S. President Donald Trump. Read more

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Posted on: 2025-01-23T09:08:27+05:00