October 26, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The Pakistani rupee (PKR) depreciated by 45.2 paisa against the US dollar in Wednesday's interbank session as the currency settled the trade at PKR 279.88 per USD. Read more
Atlas Honda Limited (PSX: ATLH) has decided to cut its ex-factory car prices in Pakistan by up to Rs300,000. Read more
Pakistan turned around in the first quarter of fiscal year 2024, recording a primary surplus of 0.4% of GDP (Rs416.81 billion) as against a primary deficit of 1.4% (Rs1.19 trillion) in the previous quarter. Read more
The benchmark KSE-100 Index closed Wednesday's trading session at 51,177.13 showing an increase of 149.19 points or 0.29%. Read more
Habib Bank Limited (PSX: HBL’s) profit for the 9MCY23 surged by 97.32% YoY to Rs42.82billion [EPS: 29.19], compared to Rs21.7bn [EPS: 14.79] recorded in the Same Period Last Year (SPLY), bank’s filing on PSX revealed today. Read more
Domestic bullion witnessed a slight downturn on Wednesday as the price of 24-karat gold decreased by Rs750 per tola to Rs208,450. Read more
Fauji Fertilizer Company Limited (PSX: FFC) experienced a rise of 49.66% YoY in its profits, earning a profit after tax of Rs22.21 billion [EPS: Rs17.46] in 9MCY23. Read more
Pakistan Credit Rating Agency Limited (PACRA) has maintained entity ratings of Ghandhara Automobiles Limited (PSX: GAL) at "A" for the long term and "Al" for short term with a stable outlook forecast. Read more
MCB Bank Limited (PSX: MCB’s) profit for the 9MCY23 surged by 2.34x YoY to Rs48.34 billion [EPS: 40.70]. Read more
The delegation of the International Monetary Fund (IMF) is set to visit Pakistan on November 02, 2023, to review the country's $3 billion standby arrangement (SBA). Read more
United Bank Limited (PSX: UBL) has revealed its financial statement today for the 9MCY23, as per which the bank posted a profit worth Rs42.57 billion [EPS: Rs34.05], depicting a surge of 2.27x YoY. Read more
The total power generation in the country decreased by 16.4% MoM to 13,399 GWh during September 2023 as compared to 15,959 GWh in August. Read more
Hub Power Company Limited (PSX: HUBC) almost doubled its profits in 1QFY24, with the company's after-tax profits rising to Rs18.32 billion [EPS: Rs13.17]. Read more
The State Bank of Pakistan (SBP) has imposed hefty fines on four banks for violating its rules and regulations, with the total amount of penalties worth Rs83.157 million. Read more
The aggregate amount of CGT arising on the disposal of shares at the Pakistan Stock Exchange (PSX) for the period September 01 to September 30, 2023, would be collected on Tuesday, October 31, 2023, through respective settling banks of the Clearing Members. Read more
National Bank of Pakistan (PSX: NBP) has revealed its financial statement today for the 9MCY23, as per which the bank posted a profit worth Rs39.52 billion [EPS: Rs18.49], depicting a surge of 2.05x YoY. Read more
Pakistan National Shipping Corporation Limited (PSX: PNSC) reported its profit and loss statement, wherein the profit after tax clocked in at Rs6.27 billion [EPS: Rs47.46]. Read more
Fauji Cement Company Limited (PSX: FCCL) recorded an increase of 12.92% YoY in its profits in 1QFY24, with the company's after-tax profits rising to Rs2.61 billion [EPS: Rs1.07]. Read more
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Posted on: 2023-10-26T06:00:00+05:00
