MG Morning Breeze: Updates to Skim before Market

March 10, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• CPPA-G sourced 21% & K-Electric 19% of power from RLNG in Dec 2024

CPPA-G procured 21% of its electricity (i.e., 2,171 MW) from RLNG plants within the national grid in December 2024. Read more

• Govt plans net metering rate cut to ease consumer burden

The government is considering a reduction in net metering rates for new contracts to prevent an increasing financial strain. Read more

• Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators. Read more

• Weekly Market Roundup

The capital market witnessed selling pressure on the first day of the week as investors opted for profit booking. However, buyers enthusiastically returned. Read more

• Pakistan needs $348bn to tackle climate crisis

Pakistan faces a massive climate financing gap of $348 billion between 2023 and 2030, posing a serious. Read more

• Trump signs executive order to create strategic bitcoin reserve

U.S. President Donald Trump signed an executive order to establish a strategic bitcoin reserve, a day before meeting with. Read more

• Weekly SPI drops by 0.09%

Pakistan’s short-term inflation decreased by 0.09% compared to the previous week, while it fell by 0.87% compared to the same period last year, the Pakistan. Read more

• SSGC Board approves agreement with Jamshoro Joint Venture Ltd

The Board of Directors of Sui Southern Gas Company (PSX: SSGC) approved entering into an agreement with Jamshoro. Read more

• OMO Result: SBP injects Rs11.6tr

The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today. Read more

• PSX Closing Bell: Para Para Paradise

The benchmark KSE-100 Index concluded Friday’s trading session at 114,398.69, showing an increase of 685.52 points or 0.60%. Read more

• PKR nears 280 against USD, hits 52-week low

The Pakistani Rupee (PKR) neared the 280-mark, hitting a 52-week low as it depreciated by 15.33 paisa or 0.05%. Read more

• Gold price in Pakistan rises Rs3,000 per tola

Gold price in Pakistan increased on Friday, with 24-karat gold being sold at Rs307,000 per tola, up Rs3,000. Read more

• UNDP, China launch early warning system project in Pakistan

The United Nations Development Programme (UNDP) and the Government of the People’s Republic of China have officially. Read more

• Saudi Riyal to PKR exchange rate

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

• CCP approves Bazaar Technologies’ acquisition of Wemsol

The Competition Commission of Pakistan (CCP) has granted approval to Bazaar Technologies (Private) Limited for the acquisition. Read more

• PM meets business leaders to boost economic growth

To enhance economic growth and strengthen collaboration between the government and the private sector. Read more

• KE proposes Rs4.84 per kWh FCA relief for January 2025

K-Electric submitted a provisional monthly fuel charge adjustment (FCA) request for January 2025, proposing a relief of. Read more

• SBP enhances security with VPN-based access for portals

The State Bank of Pakistan (SBP) has announced the transition to Virtual Private Network (VPN)-based access for its hosted portals. Read more

• Govt issues official Cabinet portfolios

The government has released the latest list of portfolios assigned to Federal Ministers and Ministers of State, according to a Cabinet Division notification. Read more

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