October 13, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The government will likely slash the domestic petroleum and diesel prices by Rs36 and Rs19 per litre, respectively in the next fortnightly pricing update, effective from October 16, 2023. Read more
The Pakistani rupee (PKR) appreciated by 93.04 paisa against the US dollar in Thursday's interbank session as the currency settled the trade at PKR 278.58 per USD. Read more
The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $31.3 million or 0.41% WoW to $7.65 billion during the week ended on October 06, 2023. Read more
Domestic bullion witnessed a major setback on Thursday, reversing the previous session's gains, with 24-karat gold depreciating by Rs7,800 per tola to close at Rs197,200. Read more
The benchmark KSE-100 Index ended Thursday's trading session at 48,771.71 showing an increase of 297.17 points or 0.61%. Read more
Pakistan State Oil Company Limited (PSX: PSO) has restored the fuel supply to Pakistan International Airlines (PIAC) as the national carrier paid Rs20 million in dues. Read more
The Board of Directors (BoD) of Pak Suzuki Motor Company Limited (PSX: PSMC) will review and consider the majority shareholder's intent to purchase all outstanding shares of PSMC held by other shareholders and de-listing under Rule 5.14.1 of the listing regulations. Read more
Engro Fertilizers Limited (PSX: EFERT) experienced a significant rise of 56.80% YoY in its profitability, clocking in its profit after tax at Rs15.04 billion [EPS: 11.27]. Read more
Lotte Chemical Pakistan Limited (PSX: LOTCHEM) experienced a notable 40.29% decrease in profitability year-over-year, with its profit after tax amounting to Rs4.84 billion [EPS: Rs3.2] in 9MCY23. Read more
Nishat Chunian Power Limited (PSX: NCPL) 's profitability rose significantly by 44.33% YoY in 1QFY24, clocking in its profit after tax at Rs1.39 billion [EPS: 3.77]. Read more
TRG Pakistan Limited (PSX: TRG) has issued a serious response to what it describes as yet another malicious media campaign by the company's former CEO, Zia Chishti. Read more
Engro Powergen Qadirpur Limited (PSX: EPQL) has disclosed its profit and loss statement for the 9MCY23 as per which the company's profitability soared by 77.36% YoY to Rs2.44 billion [EPS: 7.54]. Read more
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Posted on: 2023-10-13T06:52:42+05:00
