MG Morning Breeze: Updates to Skim before Market

March 25, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• SBP’s December FX intervention stands at $536m

The State Bank of Pakistan (SBP) has made a net FX purchase of $536 million during December 2024, down by $615m from a purchase of $1.15bn in the previous. Read more

• M2 rises by Rs141bn in a week

Broad money (M2), the most widely used measure of money supply in Pakistan, rose by Rs141.06 billion WoW to Rs36.06 trillion. Read more

• Govt borrows Rs324bn debt in a week

The government of Pakistan has acquired an additional debt of Rs324.42 billion during the week ended March 14, 2025. Read more

• CCP approves new aviation training venture by Fly Jinnah, Air Arabia

The Competition Commission of Pakistan (CCP) has approved a joint venture between Fly Jinnah Services (Private) Limited and Air Arabia Academy LLC. 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

• Gold price in Pakistan rises Rs600 per tola

Gold price in Pakistan increased on Monday, with 24-karat gold being sold at Rs318,600 per tola, up Rs600. Read more

• PKR slips by 11 paisa per USD

The Pakistani rupee (PKR) weakened against the US dollar in Monday’s interbank session, shedding. Read more

• Pakistan needs strategy for economic, climate challenges: Ahsan

Pakistan must adopt a strategic, coordinated, and results-oriented approach to tackle its dual challenges of economic stability. Read more

• Chairman HBL Sultan Ali Allana becomes first Pakistani to win Nishan-e-Khidmat

Sultan Ali Allana, a distinguished figure in Pakistan’s banking sector, has made history as the first Pakistani to be awarded. Read more

• SECP Appellate Bench achieves 100 appeal disposals in a year

The Appellate Bench of the Securities and Exchange Commission (SECP), the apex quasi-judicial appellate forum, has successfully disposed of 100 appeals from. Read more

• PSX Closing Bell: Hit the Road Jack

After witnessing remarkable gains last week, the benchmark KSE-100 Index started the week on a negative note as investors succumbed. Read more

• SPEL energizes one MW solar project, expands green energy

Synthetic Products Enterprises Limited (PSX: SPEL) has successfully energized a one MW solar power project. Read more

• FTMM secures court consent for capital reduction

The Court has issued a certified order approving FTMM’s petition for the reduction of paid-up capital, as confirmed. Read more

• PSX revises trading, settlement schedule for DFC-APR, DFC-MAY

Pakistan Stock Exchange (PSX) has revised the trading and settlement schedule for DFC-APR-2025 and DFC-MAY. Read more

• TCORP to install 200 KW solar system for sustainability

Tariq Corporation Limited (PSX: TCORP) has decided to install a 200 KW solar power system, reinforcing its commitment. Read more

• NCCPL suspends trading of Arif Habib Corporation shares

The National Clearing Company of Pakistan Limited (NCCPL) has declared the suspension of trading in the shares of Arif Habib Corporation Limited. Read more

• China reaches out to global CEOs amid economic uncertainty

China sought to reassure foreign corporate chiefs of the country’s business potential when Vice Premier He Lifeng met. Read more

• China’s Premier pushes for open trade at business forum

Chinese Premier Li Qiang urged countries to open their markets to combat “rising instability and uncertainty” at a business. Read more

• Oil prices dip amid Russia-Ukraine ceasefire talks

Oil prices slipped on Monday as investors assessed the outlook for ceasefire talks aimed at ending the Russia. Read more

• BOJ may raise rates as inflation target nears

Bank of Japan Governor Kazuo Ueda said on Monday the central bank will continue to raise interest rates if its underlying inflation. Read more

• Govt plans strategy to cut electricity tariffs: PM

To reduce electricity tariffs, a comprehensive and effective strategy package is being prepared and will be announced. Read more

• Systems Limited sees 14% dip in profitability

Systems Limited (PSX: SYS) reported a profit of Rs7.46 billion [EPS: Rs25.55], reflecting a 14.14% decline compared. Read more

• NBP issues foreign exchange rates

The treasury management division of the National Bank of Pakistan (NBP) on Monday issued the following exchange rates. Read more

• Pakistan’s top civil awards presented by President Zardari

The country’s top civil awards were presented to 69 Pakistani and foreign nationals by President Asif Ali Zardari, honoring. Read more

• Gold boom turns to bust for jewelers as sellers outnumber buyers

As gold prices jump to successive highs, jewelers across Asia and the Middle East are grappling with displays losing their sparkle as customers race to cash. Read more

• Markets start mixed as investors eye key data, tariff risks

Financial markets made an mixed start on Monday with U.S. stock futures rising but the dollar wavering ahead of a week driven by data. Read more

• Pakistan-China strategic partnership to strengthen: Zaidong

Pakistan and China’s strategic partnership will continue to enhance mutual benefits, stated Chinese Ambassador. Read more

• Canada’s PM Carney calls early elections to counter Trump

Canada’s new Prime Minister Mark Carney on Sunday called early elections for April 28, pledging to defeat Donald Trump’s drive to annex the United States’. Read more

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