MG Morning Breeze: Updates to Skim before Market
MG News | February 06, 2025 at 07:41 AM GMT+05:00
February 06, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs299,600 per tola. Read more
The Searle Company Limited (PSX: SEARL) achieved a significant milestone with the approval of its manufacturing facility by the Ministry of Public Health. Read more
All eyes are on the French capital next week to see if U.S. President Donald Trump’s administration can find common ground with China and nearly 100 other. Read more
China’s stocks and currency came under pressure as markets returning from a week-long break were greeted by a new trade. Read more
Pakistan and China reaffirmed their longstanding friendship and strong bilateral ties as President Asif Ali Zardari met with Zhao. Read more
Oil prices declined on Wednesday as rising stockpiles in the U.S. and market worries about a new Sino-U.S. trade war. Read more
Pakistan,s banks preference for shorter-duration investments, such as Treasury bills and floating-rate notes, to mitigate interest rate. Read more
In order to streamline the name reservation process, the Securities and Exchange Commission of Pakistan (SECP) has introduced new name reservation Guidelines. Read more
The State Bank of Pakistan (SBP) conducted an auction for floating rate Pakistan Investment Bonds on Tuesday. Read more
The Competition Commission of Pakistan’s (CCP) operational efficiency and institutional effectiveness in fulfilling its regulatory mandate were discussed. Read more
The State Bank of Pakistan (SBP) conducted an auction on Tuesday in which it sold Market Treasury Bills (MTBs) worth Rs451.92 billion. Read more
The State Bank of Pakistan (SBP) has released the draft of the National Green Taxonomy for public consultation as part of its efforts to promote green finance. 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???????
Intermarket Securities Limited (PSX: IMS) (Manager to the Offer), on behalf of its client Meskay & Femtee Trading Company (Pvt) Ltd (Acquirer), made the. Read more
The benchmark KSE-100 Index concluded Tuesday’s trading session at 111,935.38. Read more
Pakistan was represented at the High-Level Committee (HLC) on Economic Cooperation Organization (ECO) Reforms and the Prospects. Read more
The Pakistani rupee (PKR) strengthened by 8.83 paisa or 0.03% against the US dollar in Tuesday’s interbank session to settle the trade at PKR 278.96 per USD. Read more
Pakistan and the Saudi Fund for Development (SFD) have signed two agreements worth $1.61 billion, witnessed by Prime Minister Muhammad Shehbaz. Read more
Millat Equipment Limited (MEL) has been merged with Millat Tractors Limited (PSX: MTL) through a judgment passed. Read more
China on Tuesday announced a wide range of measures targeting U.S. businesses including Google, farm equipment. Read more
Olympia Mills Limited (PSX: OML) plans to install an off-grid solar power system with an initial capacity of 500 kW at its factory premises. Read more
To reduce the broader public sector’s borrowing needs and limit the sovereign-bank nexus in Pakistan, it is essential to improve cash management within the. Read more
Allied Bank Limited (ABL) has posted a robust profit after taxation of Rs44.4 billion for the year ended December 31, 2024, reflecting a 7.48% increase. Read more
Sazgar Engineering Works Limited (PSX: SAZEW) produced 4,840 units of three-wheelers and 1,813 units of four-wheelers. Read more
Baluchistan Wheels Limited (PSX: BWHL) earned a profit after tax of Rs114.93 million [EPS: Rs8.62] for the half-year. Read more
The State Bank of Pakistan (SBP) has set the rate of remuneration for February 2025 on Special Cash. Read more
China on Tuesday slapped tariffs on some U.S. imports in a swift response to new U.S. duties on Chinese goods. Read more
The banking sector in Pakistan has remained profitable, largely driven by its focus on financing the government’s fiscal deficit. Read more
Pakistan’s electric vehicle sector is advancing due to the efforts of the Special Investment Facilitation. Read more
Japan’s exports of agricultural, forestry, and fishery products rose 3.7% to a record high in 2024, despite China’s ban on seafood. Read more
The State Bank of Pakistan (SBP) will remain closed on Wednesday, February 5, 2025, on the occasion. Read more
Oil prices retreated on Tuesday as U.S. President Donald Trump paused for a month a decision on steep tariffs on Mexico and Canada. Read more
To establish a strategic roadmap for a robust food regulatory system in Pakistan, ensuring food security, public health, and compliance with international. Read more
Google’s currency converter is displaying an alarmingly low exchange rate for the US Dollar against the Pakistani Rupee (PKR). Read more
China’s finance ministry said Tuesday it will impose additional tariffs of 15% on coal and liquified natural gas imports from the U.S. and 10% higher. Read more
Indonesia’s sovereign wealth fund, Indonesia Investment Authority (INA), and Japan’s Mitsui & Co are among the prospective buyers of CVC. Read more
Google’s currency converter seems to have “missed the mark” as it is incorrectly displaying the exchange. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. Read more
U.S. President Donald Trump suspended his threat of steep tariffs on Mexico and Canada on Monday, agreeing to a 30-day pause. Read more
The oil marketing companies (OMCs) sales volume in Pakistan increased by 8% month-on-month (MoM) in January 2025, recording a total sales volume of 1.4. Read more
Pakistan’s relationship with the United States is a cornerstone of its foreign policy, with Chairman Senate Syed Yousuf Raza. Read more
Pakistan has successfully developed the AlnnoVent AVB-100, a domestically produced ICU ventilator. Read more
The major stock indexes closed lower on Monday, but partly recovered from initial steeper losses as U.S. President. Read more
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 134,299.77 290.06M |
0.39% 517.42 |
| ALLSHR | 84,018.16 764.12M |
0.48% 402.35 |
| KSE30 | 40,814.29 132.59M |
0.33% 132.52 |
| KMI30 | 192,589.16 116.24M |
0.49% 948.28 |
| KMIALLSHR | 56,072.25 387.69M |
0.32% 180.74 |
| BKTi | 36,971.75 19.46M |
-0.05% -16.94 |
| OGTi | 28,240.28 6.19M |
0.21% 58.78 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 118,140.00 | 119,450.00 115,635.00 |
4270.00 3.75% |
| BRENT CRUDE | 70.63 | 70.71 68.55 |
1.99 2.90% |
| RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
1.10 1.14% |
| ROTTERDAM COAL MONTHLY | 108.75 | 108.75 108.75 |
0.40 0.37% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
| CRUDE OIL - WTI | 68.75 | 68.77 66.50 |
2.18 3.27% |
| SUGAR #11 WORLD | 16.56 | 16.60 16.20 |
0.30 1.85% |
Chart of the Day
Latest News
Top 5 things to watch in this week
MTB Auction
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|