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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 13, 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 2.178 rupees against the US dollar this week and settled at PKR 287.03. Read more

Pakistan’s external debt and liabilities (outstanding) reached $128.09 billion at the end of 1QFY24, an increase of $3.498bn or 2.81% QoQ. Read more

The benchmark KSE-100 index 14-day relative strength index (RSI) has breached the 90 level for the first time since March 2005. Read more

Domestic bullion witnessed a major setback this week as the price of 24-karat gold declined by Rs3,600 per tola and settled at Rs211,000. Read more

The SECP has notified a maximum period of 14 working days for granting of regulatory approvals to a listing application and prospectus Read more

Greenback is a rare commodity in Pakistan for people and the government. Thus when tough actions – administrative controls over informal means of buying USD and sending them out of Pakistan – bring fruits with the support of sticknomics, jubilations are warranted. Read more

The benchmark KSE-100 index surged by a whopping 1,129.94 points or 2.08% DoD to close the last session of the week at another record high of 55,391.37. Read more

The ECC in its meeting held on Friday approved tariff rationalization for K-Electric consumers in line with the uniform Quarterly Tariff Adjustment guidelines (QTA) issued to NEPRA, applicable to consumption in 1QFY24. Read more

The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.73% WoW during the week ended November 08, 2023.Read more

Sazgar Engineering Works Limited (SAZEW) sold 1,004 units of Auto Rickshaw during October 2023, which was 2.14% MoM lower than the sales of 1,026 units made in the previous month. Read more

Lucky Motor Corporation Limited (KIA) is offering an easy and interest-free installment plan for its cars. Read more

Market Data and Economic Indicators. Read more

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Posted on: 2023-11-13T06:01:02+05:00