MG Morning Breeze: Updates to Skim before Market

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MG News | November 07, 2023 at 07:44 AM GMT+05:00

November 07, 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 97.64 paisa against the US dollar in Monday's interbank session as the currency settled the trade at PKR 285.29 per USD. Read more

Domestic bullion started the week lower as the price of 24-karat gold fell by Rs400 per tola to settle at Rs214,200. Read more

The edible oil reserves in Pakistan have risen to an unprecedented level of about 500,000 tons, and traders are now facing storage constraints. Read more

Both organizations have signed a memorandum of understanding (MoU) to formalize mechanism for information sharing and cooperation between the both organizations. Read more

The benchmark KSE-100 Index concluded Monday's trading session at another all-time high of 53,860.37, showing an intraday increase of 737.33 points or 1.39%. Read more

Pakistan is at a critical decision point, with several interrelated factors underpinning the country’s inadequate development progress, the World Bank highlights these issues in its latest report. Read more

Shahzad Textile Mills Limited (PSX: SZTM) has successfully resumed the operations of Unit No. 1, located at 34th KM Lahore Sheikhupura Road, Sheikhupura. Read more

The industrial sector in Karachi has expressed its strong opposition to the recent increase in gas tariff by the government. Read more

The VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Gadoon Textile Mills Limited (PSX: GADT) at ‘A+’ for long-term and ‘A-1’ for short term with a stable future outlook. Read more

Fitch Ratings has reduced its estimate of medium-term potential growth for the 10 emerging markets (EM) covered in its Global Economic Outlook (GEO) to 4% on a GDP weighted-average basis, down from 4.3%. Read more

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Name Price/Vol %Chg/NChg
KSE100 177,370.71
271.87M
0.23%
404.02
ALLSHR 107,716.20
642.21M
0.11%
116.44
KSE30 52,827.24
82.38M
0.35%
182.71
KMI30 251,579.93
132.42M
0.03%
64.11
KMIALLSHR 69,528.14
417.99M
0.00%
2.11
BKTi 50,313.91
13.15M
1.11%
551.71
OGTi 36,509.94
8.96M
-0.87%
-321.36
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 79,115.00 79,360.00
78,140.00
105.00
0.13%
BRENT CRUDE 86.11 87.11
86.05
-2.47
-2.79%
RICHARDS BAY COAL MONTHLY 110.30 0.00
0.00
0.20
0.18%
ROTTERDAM COAL MONTHLY 124.80 124.80
124.80
0.30
0.24%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 80.13 81.31
80.08
-2.23
-2.71%
SUGAR #11 WORLD 17.25 17.74
17.13
-0.40
-2.27%

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