December 13, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Reaffirming the positive economic outlook amid general discussions about the economy's turnaround, the monetary policy statement, accompanied by insights from the SBP's governor, painted a picture of burgeoning hope for the economy's trajectory. Read more
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting held today, has decided to keep the policy rate unchanged at 22% for the fourth consecutive meeting. Read more
Aramco, one of the world’s leading integrated energy and chemicals companies, today signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Limited. Read more
The Pakistani rupee (PKR) appreciated by 11.78 paisa against the US dollar in Tuesday's interbank session as the currency settled the trade at PKR 283.78 per USD. Read more
After a brief dip yesterday, Pakistan’s stock market bounced back, with its key benchmark index gaining 414.46 points or 0.63% to end today's session at another record high of 66,426.78. Read more
Domestic bullion extended its decline on Tuesday as the price of 24-karat gold fell by Rs1,800 to settle at Rs213,600 per tola. Read more
The shareholders of Fatima Fertilizer Company Limited (PSX: FATIMA) have authorized the acquisition of up to 33.33% stake in National Resources (Private) Limited (NRL) from Reliance Commodities (Private) Limited for an aggregate price of up to Rs252.193 million. Read more
Agha Steel Industries Limited (PSX: AGHA) has partnered with Hamdard Pakistan, pioneering a groundbreaking initiative to redefine Pakistan's construction landscape. Read more
Despite an impressive response to the auction for the 1-year GoP Ijara Sukuk (GIS) through the Pakistan Stock Exchange Limited (PSX), where bids reached an impressive Rs478.78 billion, operational challenges hampered brokerage investors. Read more
Unity Foods Limited (PSX: UNITY) has successfully utilized the right subscription amount of Rs2.85 billion. Read more
Oil & Gas Development Company Limited (PSX: OGDC) has successfully re-injected six low-pressure wells from Kunnar Pasakhi Deep (KPD) Field through the in-house arrangement of compression and operational modifications. Read more
Dewan Automotive Engineering Limited (PSX: DWAE) has rectified the non-compliance of PSX Regulation by paying its outstanding penalty; however, it will remain listed in the Defaulters' Segment due to ongoing non-compliance with PSX Regulations. Read more
Attock Refinery Limited (PSX: ATRL) has decided to temporarily shut down two of its crude distillation units to manage refinery operations due to an extremely high stock buildup of Premier Motor Gasoline (PMG) and high-speed Diesel (HSD). Read more
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Posted on: 2023-12-13T05:14:04+05:00
