Mettis Global News
Mettis Global News

MG Morning Breeze: Updates to Skim before Market

MG Morning Breeze: Updates to Skim before Market
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April 17, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

United Bank Limited (PSX: UBL) to subdivide the face value of its shares from Rs10/- per share to Rs5/- per share. Read more

The State Bank of Pakistan (SBP) conducted an auction for floating rate Pakistan Investment Bonds (PIBs) on Wednesday. Read more

The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs964.63 billion. Read more

Automobile financing in Pakistan has increased to Rs257.36bn in March 2025, witnessing a rise of 3.43% MoM. Read more

The Competition Commission of Pakistan (CCP) has cracked down on Nishat Hyundai Motors, slapping the auto giant with a Rs25 million. Read more

Total inflows into Roshan Digital Accounts (RDA) during March 2025 stood at $235 million, bringing the total cumulative inflows into RDA to $10.003 billion. Read more

Pakistan will offer to buy more cotton and soybeans from the US, according to people with knowledge of the matter, as it looks to halve its bilateral trade. Read more

The need for the government and national stakeholders to commit to a unified, future-ready economic execution strategy driven by planning, technocratic. Read more

The benchmark KSE-100 Index concluded Wednesday’s trading session at 116,020.10, showing a decrease of 755.40 points or 0.65%. Read more

The Pakistani rupee (PKR) rose by 10.51 paisa or 0.04% against the US dollar in Wednesday’s interbank session to settle the. Read more

The country’s overall nutrient offtake in March 2025 declined sharply to 220 thousand tonnes, showing a 49.5% decrease compared to. Read more

Gold hit a new all-time high in Pakistan on Wednesday, with the price of 24-karat gold soaring to Rs348,000 per tola. Read more

British inflation slowed to its weakest in three months in March and other measures watched by the Bank of England cooled too. Read more

The Department of Excise, Taxation, and Narcotics Control will take the necessary steps to facilitate the implementation of Motor Third-Party Liability (MTPL). Read more

Oil prices saw little change on Wednesday as shifting U.S. tariff policies fueled uncertainty, prompting. Read more

Pakistan is embarking on a journey of national digital transformation, as stated by Minister for Information. Read more

Pakistan and China have expressed their commitment to continue to deepen bilateral and multilateral cooperation in the maritime domain. Read more

China wants to see a number of steps from President Donald Trump’s administration before it will agree to trade talks. Read more

The Board of Chakwal Spinning Mills Limited (PSX: CWSM) has approved and signed a confirmed term sheet for an investment. Read more

Citi Pharma Limited (PSX: CPHL) has submitted a Non-Binding Offer for the potential acquisition of a leading. Read more

Attock Refinery Limited (PSX: ATRL) has addressed the shutdown of one of its crude distillation units with a capacity. Read more

China on Wednesday unexpectedly appointed a new trade negotiator key in any talks to resolve the escalating tariff war with the U.S., replacing veteran trade. Read more

United Bank Limited (PSX: UBL) earned Rs36.11 billion [EPS: 29.34] in the first quarter of 2025 (Q1 CY2025), marking a significant. Read more

Nvidia said it would take $5.5 billion in charges after the U.S. government said it would require licenses for exports to. Read more

Tesla’s plans to ship components from China for Cybercab and Semi electric trucks in the United States were suspended. Read more

TPL Properties Limited (PSX: TPLP) confirms that the fire, which initially erupted on the evening of March 28, 2025, was naturally extinguished in the early. Read more

Shares fell in Asia on Wednesday as AI darling Nvidia took a hit from U.S. curbs on chip sales to China, highlighting the. Read more

The federal cabinet approved the reallocation of savings from lower global petroleum prices to fund key infrastructure and agricultural projects in the. Read more

Faysal Bank Limited (PSX: FABL)’s sponsor shareholder, Ithmaar Holding B.S.C., and GFH Financial Group B.S.C. (GFH) have mutually agreed. Read more

Sapphire Fibres Limited (PSX: SFL) has executed the transaction for the acquisition of 50% shares of UCH Power (Private) Limited, previously owned by UPLHC. Read more

Foreign currency deposits rose $66m or 0.98% to $6.81 billion as of March 2025 comapred to last month. Read more

K-Electric (KE) took another step in its renewable energy roadmap with regulatory hearings held at NEPRA on two of its utility-scale solar projects. Read more

Pakistan Stock Exchange Limited (PSX) conducted a consultation session to deliberate proposed amendments to the PSX Regulations. Read more

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Posted on: 2025-04-17T08:27:18+05:00