November 27, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The benchmark KSE-100 index is approaching the key psychological level of 60,000; a cautious approach should be taken now. Read more
The mighty Mi.Da. Rolling Plant and the ingenious plan to install Blast Furnace for Iron Ore will sculpt a narrative of self-reliance and unparalleled efficiency for Agha Steel Industries (PSX: AGHA), allowing it to become a net exporter in the years ahead. Read more
The trailblazing titan of Pakistan's dairy sector, Prema At-Tahur (PSX: PREMA) is making significant strides to evolve into a comprehensive food company. Read more
Ferozsons Laboratories Limited (PSX: FEROZ) is all set for a game-changing move with its forthcoming vaccine facility set to be operational by the end of 3QFY24, indicating a promising boost in FY25. Read more
Roshan Packages Limited (PSX: RPL) has kindled a paradigm shift in the paper business landscape by making an investment in Roshan Sun Tao Paper Mills which will enable the company to recycle around 100,000 tons of paper. Read more
Pakistan International Bulk Terminal Limited (PSX: PIBTL) achieved a significant turnaround in 1QFY24, recording a profit of Rs577.38 million. Read more
The Pakistani rupee (PKR) appreciated by 1.13 rupees against the US dollar this week and settled the trade at PKR 285.37, compared to the previous week's closing of PKR 286.5 per USD. Read more
Pakistan Petroleum Limited (PSX: PPL) has commenced production from Adhi South-6, a new development well drilled in Adhi Mining Lease. Read more
Telecard Limited (PSX: TELE) has acquired the majority shareholding in Hallmark Company Limited (PSX: HCL) from Supernet Infrastructure Solutions (Private) Limited. Read more
Pakistan Credit Rating Agency Limited (PACRA) has maintained entity ratings of Ghani Global Glass Limited (PSX: GGGL) at "BBB+" for long term and "A1" for short term with a positive outlook forecast. Read more
The Securities and Exchange Commission of Pakistan (SECP) has revoked the registration of New Hampshire Insurance Company—Pakistan Branch. Read more
The Weekly Sensitive Price Indicator (SPI) for the Combined Group inched down by 0.06% WoW during the week ended November 23, 2023. Read more
Pakistan is likely to receive funds worth $1.5 billion from global lenders upon the International Monetary Fund's (IMF) approval of the loan tranche under the $3 billion Stand-By Arrangement (SBA). Read more
The Economic Coordination Committee (ECC) mandated the Oil & Gas Development Company (OGDCL) to submit a Supplemental Agreement to Kotra PCA and a revised field development plan for Jhal Magsi South D&PL in order to qualify for gas price incentives. Read more
Copyright Mettis Link News
Posted on: 2023-11-27T07:24:22+05:00
