November 22, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
In response to a troubling scenario where the National Clearing Company of Pakistan Limited (NCCPL) system purportedly displayed erroneous exposure margins for multiple brokers, the Pakistan Stock Brokers Association demanded a comprehensive explanation and clarity regarding the incident. Read more
The Pakistani rupee (PKR) sustained its recovery against the US Dollar, appreciating by 18 paisa against the US dollar in Tuesday's interbank session to settle at PKR 285.79, as compared to the previous day's closing of PKR 285.97 per USD. Read more
Domestic bullion witnessed gains on Tuesday as the price of 24-karat gold edged up by Rs500 per tola to Rs215,600 per tola. Read more
GDP likely to grow between 2 to 2.5% in FY24 as the government is actively pursuing structural reforms to strengthen and stabilize the overall economy. Read more
The Securities and Exchange Commission of Pakistan (SECP) has directed all companies, including limited liability partnerships (LLPs), not to enter into any type of advertisement or sponsorship agreements with entities involved in surrogate advertising. Read more
The local stock market resumed its bullish momentum, as the key stock market gauge KSE-100 index rose by 293.63 points or 0.51% to close today’s session at 57,371.59. Read more
The Central Directorate of National Savings (CDNS) has attained a target of Rs715 billion in fresh bonds in the current fiscal year, from July 01 to November 20. Read more
Pakistan has attained a remarkable global milestone as the Department of Commerce and the National Marine Fisheries Service (NMFS) grant a prestigious two-year extension to the exemption period, distinguishing the nation among a select few out of 130 countries. Read more
Worldcall Telecom Limited (PSX: WTL)'s US entity has achieved a major milestone in NASDAQ listing through a US Entity, GlobalTech Corporation, which has been allocated the symbol `GLTK' by the relevant regulator and would subsequently commence trade under this symbol. Read more
Fauji Foods Limited (PSX: FFL) has disclosed its potential interest in acquiring Fauji Foundation's equity stake in both Fauji Infraavest Foods Limited and Fauji Cereals. Read more
The total power generation in the country plunged by 28.2% MoM to 9,572 GWh during October 2023 as compared to 13,399 GWh in September. Read more
China emerged as the largest investor in Pakistan in October 2023, with a net direct investment of $31.74 million, followed by the United Kingdom and Singapore which invested $19.5m and $19.4m respectively. Read more
Pakistan Refinery Limited (PSX: PRL) has signed pivotal license agreements with renowned industry leaders Honeywell UOP and Axens, for its ambitious Refinery Expansion and Upgrade Project (REUP). Read more
Copyright Mettis Link News
Posted on:2023-11-22T06:00:00+05:00
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