MG Morning Breeze: Updates to Skim before Market

February 19, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Current account posts $420m deficit in Jan

Pakistan has recorded a current account deficit of $420 million, the latest data issued by the State Bank of Pakistan (SBP) revealed today. Read more

• Pakistan receives $670m external financing in Jan

Pakistan secured external financing worth $669.92 million in January 2025 from multiple financing sources. Read more

• Gold price in Pakistan rises Rs1,000 per tola

Gold price in Pakistan increased on Tuesday, with 24-karat gold being sold at Rs304,200 per tola. Read more

• China leads FDI in Pakistan with net inflow of $98.1m in January

China emerged as the largest investor in Pakistan in January 2025, with a net direct investment of $98.1m, followed by the Hongkong and United Kingdom which. Read more

• Pakistan’s Power sector attracts highest net FDI of 62.85m in January

Pakistan’s Power Sector witnessed the highest net Foreign Direct Investment (FDI) worth $62.85 million in January 2025, as per the latest data released by the. Read more

• Service sector deficit grows around 10% in Jan 2025

The service sector of Pakistan posed a trade deficit of $315 million in January 2025, reflecting a surge of 9.7% as compared. Read more

• Pakistan records FDI of $194m in January

Pakistan has recorded a Foreign Direct Investment (FDI) of $194.41m in January, compared to an outflow through FDI worth $132.32m in the Same Period Last. Read more

• Gulf stock markets dip amid tariff uncertainty

Most major stock markets in the Gulf fell in early trade on Tuesday, as ongoing global uncertainty surrounding U.S. Read more

• PSX Closing Bell: We Will Rock You

The benchmark KSE-100 Index concluded Tuesday’s trading session at 113,088.47, showing an increase of 1,344.94 points or 1.20%. Read more

• CDNS cuts profit rates again

The Central Directorate of National Savings (CDNS) has once again reduced profit rates across most of its savings. Read more

• CDC, IAP sign MoU for Life Insurance Policy Finder

Being at the forefront of end-user facilitation and creating ease of doing business, the Central Depository Company of Pakistan. Read more

• PKR loses 10 paisa against USD

The Pakistani rupee (PKR) depreciated by 10.09 paisa or 0.04% against the US dollar in Tuesday’s interbank session. Read more

• Australia’s central bank cuts rates after four years

Australia’s central bank cut rates for the first time in more than four years on Tuesday but warned it was too early to declare victory. Read more

• PKR’s REER index increases to 104.05 in Jan

Pak Rupee’s Real Effective Exchange Rate Index (REER) increased by 0.37% in January 2025 to a provisional value. Read more

• Oil prices rise after drone attack on Russian pipeline

Brent crude oil prices advanced on Tuesday adding to gains in the previous session after a drone attack on an oil. Read more

• Dollar firms amid tariff worries, geopolitical uncertainty

The dollar firmed on Tuesday as traders weighed tariff worries, geopolitical uncertainties and the path to U.S. rate cuts. Read more

• China seeks WTO debate on global trade turbulence

China has called for a debate at the World Trade Organization on “trade turbulence” and how the global trade watchdog. Read more

• AGIL reports reduced loss of around Rs56mn

Agriautos Industries Limited (PSX: AGIL) reported a loss after tax of Rs55.76 million [LPS: Rs1.55] for the year ended December. Read more

• Telecom infrastructure key to Pakistan’s digital transformation

The need for a robust and high-speed telecommunication infrastructure to drive digital transformation and enhance IT. Read more

• AHCL Board proposes share split for greater investor access

The Board of Directors of Arif Habib Corporation Limited (AHCL) has proposed a subdivision of the company’s. Read more

• Pakistan to double exports in next 3-5 years

Pakistan to double its exports in the next 3 to 5 years, with current exports totaling approximately $30 billion. Read more

• TPL Properties reports around 74% reduction in loss for H1 2024

TPL Properties Limited (PSX: TPLP) reported a significant loss after tax of Rs498.61 million [LPS: Rs0.89] for the six-month. Read more

• WB investment to unlock new development avenues: PM

The World Bank’s $20 billion investment in Pakistan’s health, education, youth development, and other social sectors is expected. Read more

• AI precision farming to boost crop yields by 15-20%: Finance Minister

In the agricultural sector, AI-driven precision farming is expected to increase crop yields by 15% to 20%. Read more

• Pakistan, Australia focus on strengthening bilateral trade

Pakistan and Australia are focused on further strengthening their bilateral trade and economic relations, as a delegation. Read more

• KSE-100 shows Head & Shoulders reversal

The KSE-100 Index appears to be in a distribution phase, potentially forming a Head & Shoulders bearish. Read more

• Pakistan to drive growth through digital connectivity: Ahsan Iqbal

Pakistan has embraced digital connectivity as the core driver of its national development, Minister of Planning and. Read more

• Nishat Power executes amendment agreement

Nishat Power Limited (PSX: NPL) has formally executed the Amendment Agreement based on the terms previously. Read more

• YOUW to hold extraordinary general meeting on March 4

The extraordinary general meeting of Yousaf Weaving Mills Limited (YOUW) will be held in Lahore via video link on Tuesday, March 4. Read more

• Pakgen Power executes agreement to terminate contracts

Pakgen Power Limited (PSX: PKGP) has formally executed a Negotiated Settlement Agreement to terminate. Read more

• IMAC hosts ADR training for tax dispute resolution

In an effort to enhance the understanding and application of ADR in tax governance, the International Mediation & Arbitration. Read more

• Textile exports surge 15.8% to $1.68bn in January

The country’s total textile exports increased by 15.8% to $1.68 billion in January compared to $1.45bn in the same month last year, data released by the. Read more

• Pakistan plans renewable energy push in talks with World Bank

Pakistan is committed to transitioning from fossil fuels to renewable and green energy as part of its broader economic reforms. Read more

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