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MG Morning Breeze: Updates to Skim before Market

MG Morning Breeze: Updates to Skim before Market
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November 01, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The caretaker federal government on Tuesday decided to keep the price of petrol and High-Speed Diesel (HSD) unchanged at Rs283.38 and Rs303.18 per litre, respectively. Read more

The Oil and Gas Regulatory Authority (OGRA) has slashed the price of Liquefied Petroleum Gas (LPG) by Rs9.96 per kg. Read more

The Pakistani rupee (PKR) depreciated by over 52 paisa against the US dollar in Tuesday's interbank session as the currency settled the trade at PKR 281.47 per USD. Read more

The bulls continued their dominance in the local bourse on Tuesday, pushing the benchmark KSE-100 index up by another 437.35 points or 0.85% on a daily basis. Read more

Arif Habib Limited as the manager to the offer by WAFI Energy LLC, has submitted a public announcement of Intention to acquire up to 77.42% shares of Shell Pakistan Limited (PSX: SHEL). Read more

he Economic Coordination Committee (ECC) on Monday approved the revised natural gas sale pricing for different categories of consumers for the FY24, w.e.f. November 01, 2023. Read more

Dawood Lawrencepur Limited (PSX: DLL) has revealed its potential intention to divest its equity stake in Tenaga Generasi Limited. Read more

The Board of Directors (BoD) of Dandot Cement Company Limited (PSX: DNCC) has decided to accept the investment offer from Tetra Engineering (Private) Limited for a convertible interest fee loan of Rs500 million. Read more

Domestic bullion witnessed gains on Tuesday as the price of 24-karat gold rose by Rs900 per tola to settle at Rs213,000. Read more

The gas companies have suffered a massive loss that stands at Rs879 billion, up from Rs18bn in 2013-14. Read more

Engro Corporation Limited (PSX: ENGRO) has now entered into discussions with Liberty Power Tech Limited for the execution of a scheme of arrangement to form a strategic equity partnership in relation to its thermal asset portfolio held through Engro Energy Limited. Read more

Consumers’ confidence in the country improved by 25% MoM or 6.6 points during October 2023, indicating improving consumer sentiments. Read more

The overall Business Confidence Index rose significantly by 7.2 points to 46.4 in October, the highest level BCI value since April 2022 when it was 55.2. Read more

Honda Atlas Cars (Pakistan) Limited (PSX: HCAR) has decided to extend its plant shutdown from November 01 to November 07, 2023. Read more

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Posted on: 2023-11-01T06:00:00+05:00