November 06, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Domestic bullion extended its upward momentum as the price of 24-Karat recorded another weekly gain of Rs3,300 per tola to settle at Rs214,600. Read more
The Pakistani rupee (PKR) maintained its downward trend throughout the week, depreciating by 3.74 rupees against the U.S. Dollar to settle the week at PKR 284.31 per USD. Read more
In a bid to improve the efficiency of the capital market, the government on Friday constituted a committee of the Capital Market Advisory Council. Read more
The International Finance Corporation (IFC) and the World Bank have announced a groundbreaking investment of $4.5 billion to transform Pakistan’s economic outlook. Read more
As of now, the Oil and Regulatory Authority (OGRA) has yet to issue an official notification pertaining to an increase in gas tariffs, effective from November 1, 2023. Read more
Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in a $7 billion copper project jointly owned with Barrick Gold Corp. Read more
The average cement prices in the North region increased by Rs162 or 15.6% YoY per bag to clock in at Rs1,196 as of November 02, 2023. Read more
The benchmark KSE-100 index closed today's session at the highest level in history after 6.5 years, at 53,123.04 points. Read more
The All-Pakistan Textile Mills Association (APTMA) expects exports to increase by as much as $700 million per month. Read more
The Arab Monetary Fund (AMF) and the State Bank of Pakistan (SBP) on Friday joined hands to facilitate cross-border remittances. Read more
Pakistan International Bulk Terminal Limited (PSX: PIBTL) loss after tax widened significantly to Rs2.16 billion [LPS: 1.21] in fiscal year 2023. Read more
The Board of Directors of The Bank of Khyber (PSX: BOK) has approved the establishment of an Exchange Company with an initial paid-up capital of up to Rs1 billion. Read more
Pakistan’s wheat reserves were recorded at over 6.934 million metric tons as of November 2023. Read more
The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.71% WoW during the week ended November 02, 2023. Read more
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Posted on: 2023-11-06T07:28:47+05:00