December 21, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The State Bank of Pakistan (SBP) raised Rs396.572 billion against a target of Rs190bn through the sale of fixed-rate Pakistan Investment Bonds (PIBs). Read more
The Economic Coordination Committee (ECC) of the Cabinet, in its meeting held today, has approved the settlement of payables to Government-Owned Power Plants (GPPs) on par with Independent Power Producers (IPPs) with the release of Rs262.075 billion to public sector power plants through Technical Supplementary Grant (TSG). Read more.
The Pakistani rupee (PKR) exhibited strength against the USD on Wednesday, gaining over 11 paisa in the interbank session to close at PKR 282.9, as compared to the previous closing of PKR 283.01 per USD. Read more
The Pakistan Stock Exchange (PSX) encountered persistent fluctuations throughout the session, however, bears gained dominance over the market and the local bourse witnessed yet another decline. Read more
Gold prices in the domestic bullion market extended their upward trend on Wednesday, as the price of 24-karat gold increased by Rs900 per tola and settled the session at Rs218,500. Read more
Al Shaheer Corporation Limited (PSX: ASC) has utilized the right subscription amount of Rs690.89 million against the fund allocated worth Rs749.85m. Read more
The National Savings has announced a revision in the savings account profit rate, whereby the rates have been slashed by up to 160 basis points (bps) or 1.6%. Read more
The aggregate amount of Capital Gains Tax (CGT) arising from the disposal of shares at the Pakistan Stock Exchange for the period November 01, 2023, to November 30, 2023, will be collected on Friday, December 29, 2023. Read more
The Board of Directors of Telecard Limited (PSX: TELE) has approved entering into a Share Purchase Agreement with Hallmark Company Limited for the sale and transfer of Telecard's entire shareholding in Supernet Limited. Read more
The total power generation in the country plunged by 21.2% MoM to 7,547 GWh during November 2023 as compared to 9,572 GWh in October. Read more
The honourable Sindh High Court (SHC) on Tuesday issued a stay order, halting the hike in gas prices for the industry. Read more
The World Bank’s Board of Executive Directors approved today $350 million in financing for the Second Resilient Institutions for Sustainable Economy (RISE-II) Operation. Read more
GlobalTech Corp, the parent company overseeing Worldcall Telecom Limited (PSX: WTL), has extended its Merger and Reorganization agreement deadline from December 31, 2023, to March 31, 2024. Read more
The Pakistan Stock Exchange Limited (PSX) will remain closed on Monday, December 25, 2023, on account of Quaid-e-Azam Day / Christmas. Read more
All LPG marketing companies have been advised to strictly ensure the compliance of safety instructions at distributor premises to avoid any untoward incident in future and conduct seminars and social media campaigns for the awareness of distributors. Read more
Toyota subsidiary Daihatsu will suspend shipments of all car models currently in production at home in Japan and abroad, following new revelations about its rigging of safety tests. Read more
Copyright Mettis Link News
Posted on: 2023-12-21T05:30:23+05:00
