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 28, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The week got off to a strong start on the back of improved macros; however, rising Indo-Pak tensions soon cast a shadow over investor sentiment, keeping participants on their toes. As a result, the local market came under selling pressure for most of the week. Read more…

All Pakistan Textile Mills Association (APTMA) has called for immediate intervention of the Prime Minister of Pakistan to get highways. Read more

The country is poised to achieve $4 billion in IT exports for FY25, as information technology has emerged as the fastest-growing export industry of. Read more

World Liberty Financial (WLF) the decentralized finance (DeFi) platform backed by the U.S. President Donald Trump has signed a landmark. Read more

In a collaborative effort to strengthen Pakistan’s export sector, Chief Collector of Customs (Export) Mohammad Sadiq reaffirmed the commitment. Read more

Pakistan’s economy is on track to rebound with a 2.4% growth rate in 2025, reversing last year’s contraction of 0.2%. Read more

Pakistan expressed its desire to engage constructively with the United States to address tariff-related issues and strengthen bilateral trade relations. Read more

Pakistan’s commitment to digital reforms was highlighted by the Finance Minister, who underscored the importance of reducing the human. Read more

Foreign exchange reserves are expected to reach $14 billion by the end of June and economic growth is projected to be around 3%. Read more

To explore the possibility of establishing a trade finance facility, the MIGA Mission visited Pakistan, an effort appreciated by Federal Minister. Read more

The Pakistan Prime Minister, Shehbaz Sharif, in his capacity as Chairman of the Council of Common Interests (CCI). Read more

The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by the Pakistan Vanaspati Manufacturers Association (PVMA). Read more

Lucky Cement Limited (PSX: LUCK) has decided to increase cement prices due to escalating costs and growing expenditures. Read more

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has singled out climate change as an existential threat facing Pakistan. Read more

All Pakistan Cement Manufacturers Association (APCMA) has appealed to the Competition Appellate Tribunal (CAT) to annul. Read more

The Pakistani rupee (PKR) appreciated by 9.95 paisa or 0.04% against the US dollar in Friday’s interbank session to settle the trade. Read more

Gold price in Pakistan decreased on Friday, with 24-karat gold being sold at Rs348,700 per tola, down Rs3,300. Read more

Nishat Chunian Power Limited (PSX: NCPL) reported a significant decline in its net profit for the nine-month period ending March 31, 2025. Read more

A 14-member delegation from the Cereal Association of Pakistan will depart for Bangladesh on Saturday to explore export. Read more

Kot Addu Power Company Limited (PSX: KAPCO) reported a 34.99% YoY decline in its profit after tax, which stood at Rs9.07 billion. Read more

The recent visit of U.S. Chargé d’Affaires Natalie Baker to Karachi on April 23-24 has opened new doors for expanding trade. Read more

The benchmark KSE-100 Index concluded Friday’s trading session at 115,469.34, showing an increase of 449.53 points or 0.39%. Read more

Tariq Glass Industries Limited (PSX: TGL) reported a modest 0.92% increase in net profit for the nine-month period ended March 31, 2025. Read more

Millat Tractors Limited (PSX: MTL) reported a 41% year-on-year decline in consolidated profit after tax, clocking in at Rs4.99 billion. Read more

Habib Bank Limited (PSX: HBL) has reported a consolidated profit after tax of Rs16.63 billion for the quarter ended March 31, 2025, reflecting. Read more

LSE Capital Limited (PSX: LSECL) has acquired the entire 9% equity stake, comprising 4.7 million shares. Read more

Nishat Power Limited (PSX: NPL) slipped into the red during the nine months ended March 31, 2025, posting a net loss of Rs3.28 billion compared. Read more

Fatima Fertilizer Company Limited (PSX: FATIMA) has reported a slight dip of 0.23% in net profit to Rs8.37 billion [EPS: Rs3.99] for the. Read more

Mari Energies Limited (PSX: MARI) reported a 9.87% decline in net profit for the nine months ended March 31, 2025. Read more

Pakistan’s short-term inflation decreased by 1.92% compared to the previous week, while it fell by 3.52% compared to the same period last year. Read more

Bolan Castings Limited (PSX: BCL) will temporarily halt its production activities from Monday. Read more

International Packaging Films Limited (IPAK) Group has recorded 66% increase in its revenues for the nine-month period ended March 31, 2025. Read more

GlaxoSmithKline (Pakistan) Limited (PSX: GLAXO) posted a profit after tax of over Rs2.12 billion [EPS: Rs6.68] during the quarter. Read more

National Bank of Pakistan (PSX: NBP) has released its financial results for the quarter ended March 31, 2025, reporting a profit after. Read more

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

In line with its ongoing commitment to regulatory facilitation, ease of doing business, and market development, the Securities and Exchange. Read more

Packages Limited (PSX: PKGS) has released its financial results for the three months ended March 31, 2025 (1QCY25), posting a profit after. Read more

Pakistan’s pickup truck market is about to get a major upgrade with the arrival of the GWM Poer Cannon. Read more

In a continued effort to address the fire incident at Korangi Creek, TPL REIT Fund I has confirmed that the fire that erupted on the evening. Read more

Al-Ghazi Tractors Limited (PSX: AGTL) has released its financial results for the first quarter ended March 31, 2025 (1QFY25), posting. Read more

VISA’s growing footprint in Pakistan, including the tripling of its office size and strategic partnerships with 1-Link and PayPak. Read more

Treet Corporation Limited (PSX: TREET) has reported its financial results for the nine months ended March 31, 2025 (9MFY25), posting. Read more

Finance Minister Senator Muhammad Aurangzeb concluded the fourth day of his visit to Washington, D.C., for the Spring Meetings of the International Monetary. Read more

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

Nimir Industrial Chemicals Limited (PSX: NICL) reported a 72% jump in net profit, reaching Rs1.34 billion for the nine months ended March 2025. Read more

Power Cement Limited (PSX: POWER) has posted a net profit of Rs347.9 million for the nine months ended March 31, 2025, marking a significant. Read more

Attock Petroleum Limited (PSX: APL) has entered into a strategic collaboration with HUBCO Green (Private). Read more

The Competition Commission of Pakistan (CCP) has engaged with leading digital platforms PakWheels and OLX Pakistan to address emerging. Read more

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Posted on: 2025-04-28T06:00:00+05:00