MG Morning Breeze: Updates to Skim before Market
MG News | December 22, 2023 at 05:32 AM GMT+05:00
December 22, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The Pakistan Stock Exchange (PSX) commenced today by extending losses from the previous trading sessions, however, bulls entered the market and regained control, resulting in a positive close. Read more
The Pakistani rupee (PKR) maintained its upward momentum on Thursday by appreciating over 11 paisa against the US dollar to settle at PKR 282.79, as compared to the previous day's closing of PKR 282.9 per USD. Read more
The Board of Directors (BoD) of Cnergyico PK Limited (PSX: CNERGY) has approved the draft Scheme of Arrangement for the corporate reorganization and restructuring of the company and its six wholly-owned subsidiaries. Read more
To ensure uninterrupted availability of Urea during the critical Rabi sowing season (Oct-Mar), the first Urea shipment arrived at Karachi Port yesterday. Read more
Domestic Bullion concluded its upward momentum on Thursday as the price of 24-karat gold decreased by Rs500 per tola and settled the session at Rs218,000. Read more
The Board of Directors (BoD) of Bank Makramah Limited (PSX: BML) has approved the annual budget for the bank for the financial year ending on December 31, 2024. Read more
The shareholders of Telecard Limited (PSX: TELE) have approved to enter into a Share Purchase Agreement with Hallmark Company Limited for the sale and transfer of Telecard's entire shareholding in Supernet Limited. Read more
Attock Refinery Limited (PSX: ATRL) has resumed its normal operations following the improvement in the upliftment of stocks of Premier Motor Gasoline (PMG) and High-Speed Diesel (HSD) by Oil Marketing Companies (OMCs). Read more
China aims to increase its trade volume from $27 trillion to $32 trillion and is willing to include Pakistan in this expansion, as stated by Yang Guangyuan, the newly appointed Economic Counsellor of China to Pakistan. Read more
The launch of the Export-Import Bank of Pakistan (EXIM) will support the government's vision to boost exports and investment in Pakistan. Read more
The VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Oil & Gas Development Company Limited (PSX: OGDC) at ‘AAA’ for long-term and ‘A-1+’ for short term with a stable future outlook. Read more
The Securities and Exchange Commission of Pakistan (SECP) has issued a public alert, citing its observation that Prime Zone and its owner, Imran Butt, are engaged in illegal deposits and offering investment schemes to the public. Read more
In a bid to foster stronger economic ties, the Iranian Ambassador to Pakistan, Dr Reza Amiri Moghaddam on Wednesday requested for the facilitation of unrestricted movement for Iranian trucks. Read more
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|---|---|---|
| KSE100 | 140,158.22 79.24M | 1.26% 1745.97 |
| ALLSHR | 86,801.38 164.27M | 1.28% 1098.42 |
| KSE30 | 42,846.58 47.49M | 1.40% 591.73 |
| KMI30 | 197,729.29 52.72M | 1.86% 3619.70 |
| KMIALLSHR | 57,651.20 87.53M | 1.65% 937.53 |
| BKTi | 38,189.66 4.44M | 0.95% 358.33 |
| OGTi | 28,579.22 25.35M | 4.15% 1138.59 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 119,225.00 | 119,430.00 117,905.00 | 1605.00 1.36% |
| BRENT CRUDE | 72.21 | 72.82 72.17 | -1.03 -1.41% |
| RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
| ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 69.84 | 70.41 69.80 | -0.16 -0.23% |
| SUGAR #11 WORLD | 16.46 | 16.58 16.37 | -0.13 -0.78% |
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