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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 08, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The Securities and Exchange Commission of Pakistan (SECP) has proposed amendments to the regulatory framework for insurance companies. Read more

The federal government has declared the minimum rate of wages at Rs32,000 per month, as per a notification issued by the finance division. Read more

The Pakistani rupee (PKR) depreciated by 1.1 rupees against the US dollar in Tuesday's interbank session as the currency settled the trade at PKR 286.39 per USD. Read more

The benchmark KSE-100 index faced a minor correction on Tuesday after crossing the 54,000 mark for the first time ever during intraday trading. Read more

Domestic bullion witnessed a relatively stable session on Tuesday as the price of 24-karat gold inched down by Rs200 per tola to settle at Rs214,000. Read more

Honda Atlas Cars (Pakistan) Limited (PSX: HCAR) has decided to further extend its plant shutdown from November 08 to November 09, 2023. Read more

The Oil and Gas Regulatory Authority (OGRA)'s Enforcement Department recently executed a targeted operation in Gujranwala, successfully uncovering and sealing four illegal LPG Cylinder Manufacturing Facilities. Read more

The Board of Directors (BoD) of Hallmark Company Limited (PSX: HCL) has unanimously resolved that the previously approved decision to change the company's name is hereby rescinded. Read more

The management of Sitara Peroxide Limited (PSX: SPL) has decided to extend the suspension of plant operation for another 30 days. Read more

The Pakistan Stock Exchange (PSX) has introduced a new 'PSX WhatsApp Service' to make available a whole host of information to capital market customers at their fingertips. Read more

The Special Investment Facilitation Council (SIFC) is hosting the Pakistan Investment Roadshow in Dubai from November 05-07, with a singular focus on projecting the latent potential of Pakistan. Read more

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Posted on: 2023-11-08T07:16:29+05:00