MG Morning Breeze: Updates to Skim before Market

March 12, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Haleon launches Centrum in Pakistan to boost health & wellness

Haleon has officially launched Centrum across Pakistan, marking a significant milestone as the world’s. Read more

• CCP issues show cause notices to ISL & ASL over alleged flat steel cartelization

The Competition Commission of Pakistan (CCP) has issued show cause notices to International Steel Limited (PSX: ISL). Read more

• DIBPL, Salaam Family Takaful sign MoU for Islamic financial growth

Dubai Islamic Bank Pakistan Limited (DIBPL) has entered into a strategic partnership with Salaam Family Takaful Limited. Read more

• Pakistan, China to hold 14th JCC meeting in July: Ahsan Iqbal

Pakistan and China have agreed to hold the 14th Joint Cooperation Committee (JCC) meeting in July, as stated by Federal Minister for Planning. Read more

• Secondary market yields, KIBOR surge after MPC decision

In response to the State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) announcement yesterday, yields in the secondary. Read more

• Pakistan conducts 1st legal sugar export to Afghanistan: FinMin

The first-ever legal export of sugar to Afghanistan has been carried out through legitimate trade channels, with no involvement of smuggling. Read more

• Gold price in Pakistan holds steady at Rs306,000 per tola

Gold price in Pakistan remained unchanged on Tuesday, with 24-karat gold being sold at Rs306,000 per tola. 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

• PKR gains 12 paisa per USD

The Pakistani rupee (PKR) appreciated by 11.54 paisa or 0.04% against the US dollar in Tuesday’s interbank session to settle the trade. Read more

• SECP sees surge with 3,046 new company registrations in Feb 2025

The Securities and Exchange Commission of Pakistan (SECP), registered 3,046 new companies in February 2025. Read more

• PSX Closing Bell: Yesterday

The benchmark KSE-100 Index concluded Tuesday’s trading session at 114,177.65, showing a decrease of 178.69 points or 0.16%. Read more

• Car sales rise by around 25% in Feb

The sales of cars, including LCVs, vans, and jeeps, in Pakistan, increased by 24.5% in February 2025, clocking in at 12,084 units compared. Read more

• Intermarket Securities proposes share subdivision, reducing face value to Rs1

The board of directors of Intermarket Securities Limited (PSX: IMS) has proposed a subdivision of the company’s shares, reducing the face value from Rs10 to. Read more

• FinMin pledges collaboration with development partners for SDGs

Pakistan has reaffirmed its commitment to working with development partners, including the United Nations, to achieve the. Read more

• inDrive partners with PSO DIGICASH to enhance driver experience

inDrive, the ride-hailing app in Pakistan, is pleased to announce a new strategic partnership with PSO DIGICASH. Read more

• SBP surpasses IMF targets, stays on track for June 2025

The State Bank of Pakistan (SBP) has successfully met the IMF’s Net International Reserves (NIR) target for December 2024. Read more

• PM directs collaboration on Rs20bn Ramadan Relief

To enhance the effectiveness and outreach of the Rs20 billion Ramadan Relief Package, the relevant ministries must collaborate. Read more

• SECP approves Asim Jahangir Seth as CEO of FPJM

The Securities and Exchange Commission of Pakistan (SECP) has officially approved the appointment of Mr. Asim Jahangir. Read more

• Oil prices slide as market worries grow

Oil prices fell for a second day on Tuesday, as concerns mounted over a potential U.S. recession, the impact of tariffs on global. Read more

• Supernet Ltd secures contract to provide connectivity for 1,700+ bank branches

Supernet Limited (PSX: GEMSPNL) has been awarded a major contract by one of the largest banks in the country to provide connectivity and access management. Read more

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