MG Morning Breeze: Updates to Skim before Market

April 21, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Lucky Investments IPO: Not Just Lucky but Strategic

With growing investor confidence and an increasing shift toward Shariah-compliant financial solutions, the Islamic mutual fund industry in Pakistan. Read more

• Weekly Market Roundup

This week, the capital market witnessed a series of positive developments on the economic front. Read more

• SBP deputy governor inaugurates ‘Go Cashless’ campaign in Karachi

To promote a shift towards a cashless economy, the ‘Go Cashless’ campaign was inaugurated by Deputy Governor. Read more 

• Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators. Read more

• Transporters’ strike halts rice exports worth $20m

The nationwide strike by goods transporters has adversely impacted Pakistan’s rice exports. Read more 

• FinMin leaves for U.S. to attend IMF, World Bank meetings

To attend the 2025 Spring Meetings of the World Bank Group and the International Monetary Fund (IMF). Read more

• IHC to decide on fertilizer pricing dispute

The Islamabad High Court (IHC) has reserved its verdict in a case regarding the determination of fertilizer prices following. Read more 

• CCP recovers Rs10m fine from PIA over 2008 Haj fares

The Competition Commission of Pakistan (CCP) has recovered a long-standing penalty of Rs10 million. Read more

• KCCI calls for PM’s immediate response to resolve transporters’ strike crisis

To address the ongoing nationwide transporters’ strike, Muhammad Jawed Bilwani, President of the Karachi Chamber. Read more

• PSX Closing Bell: High Hopes

he benchmark KSE-100 Index concluded Friday's trading session at 117,315.58. Read more

• Gillette Pakistan’s 9MFY25 profit falls nearly 8%

Gillette Pakistan Limited (PSX: GLPL) has reported a 7.97% decline in net profit for the nine-month period. Read more 

• Samba Bank posts 53% drop in quarterly profit

Samba Bank Limited (PSX: SBL) reported a profit after tax of Rs166.85 million for the quarter ended March 31, 2025. Read more 

• PSX strengthens Islamic Finance ties with Malaysian Shariah experts

The Pakistan Stock Exchange (PSX) had the honor of welcoming a distinguished delegation of Malaysian Shariah. Read more

• Engro Polymer narrows loss in Q1 2025 to Rs825m

Engro Polymer and Chemicals Limited (PSX: EPCL) reported a loss after tax of Rs824.59 million [LPS: Rs0.91]. Read more

• Overseas investors repatriate $1.7bn in 9MFY25

Foreign investors ' repatriation of profit and dividends rose 108.21% YoY in 9MFY25 to $1.72 billion compared to $825.99m. Read more

• Gold price in Pakistan falls Rs300 per tola

Gold price in Pakistan decreased on Friday, with 24-karat gold being sold at Rs349,700 per tola. Read more

• SECP registers 2,757 new companies in March 2025

The Securities and Exchange Commission of Pakistan (SECP) registered 2,757 new companies in March. Read more

• Weekly SPI decreases by 0.69%

 Pakistan's short-term inflation decreased by 0.69% compared to the previous week, while it fell. Read more

• Govt eyes PIA privatisation as airline returns to profit

The government of Pakistan will invite expressions of interest (EOIs) next week for the sale of Pakistan. Read more

Copyright Mettis Link News