December 04, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
International spot gold closed at an all-time high of $2,071, surpassing the previous ATH closing of August 2020. Read more
Gold price in Pakistan witnessed a remarkable surge this week as the price of 24-karat gold soared by Rs7,100 per tola to Rs223,600 per tola. Read more
The Pakistani rupee (PKR) appreciated by around 41 paisa against U.S. Dollar this week and settled at PKR 284.97, compared to the previous week's closing of PKR 285.37 per USD. Read more
The consumer price index (CPI) for November 2023 spiked to 29.2% YoY, compared to 26.8% YoY in the last month and 23.8% YoY in November 2022. Read more
The Pakistan Stock Exchange (PSX)'s benchmark index surged by 1,160 or 1.92% DoD to close Friday's session at 61,691. Read more
Pakistan's trade deficit for November was $1.89 billion compared to a deficit of $2.17bn from the previous month, reflecting an improvement of 13.16% MoM. Read more
The efforts of the caretaker federal government of Pakistan to maintain economic stability and timely implementation of reforms did not go unnoticed as Kristalina Georgieva Managing Director (MD) of the International Monetary Fund (IMF) commended Pakistan’s government. Read more
To finalize the investment-related segment of the GCC Free Trade Agreement (FTA), a delegation led by Dr. Gohar Ejaz, Pakistan's Minister of Commerce and Industries, visited Saudi Arabia. Read more
Bank deposits jumped to an all-time high of Rs25.6 trillion by the end of June 2023, according to the annual report released by the Deposit Protection Corporation (DPC) on Friday. Read more
Pakistan has reached an agreement with the International Monetary Fund (IMF) for key targets in FY25, which includes a tax collection target of more than Rs11 trillion. Read more
The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 41.05% YoY during the week ended November 30, 2023, while the SPI eased by 0.23% WoW compared to last week. Read more
The Competition Commission of Pakistan (CCP) has approved the acquisition of Super Success Investments Limited (SSIL) by CRE International Co. Limited, a Hong Kong-based subsidiary of CNNP Rich Energy. Read more
The Central Directorate of National Savings (CDNS) has achieved a target of Rs730 billion in fresh bonds in the current fiscal year, from July 01 to November 30, 2023. Read more
Pakistan is launching a venture capital fund for local early-stage startups, seeking to lure global investors back to the South Asian country. Read more
The State Bank of Pakistan (SBP) decided to maintain the rate of remuneration for December 2023 on the Special Cash Reserve Account (US$) at 4.34%. Read more
Pak Suzuki Motor Company Limited (PSX: PSMC) has decided to shut down its motorcycle plant from December 01 to December 06, 2023. Read more
Agriauto Industries Limited will be observing a partial shutdown in December 2023 on the back of the reduction in production volumes of the major customer. Read more
Interloop Limited (ILP) has completed the proposed acquisition of a 64% equity stake in the Target Company i.e., Top Circle Hosiery Mills Co, USA. Read more
Copyright Mettis Link News
Posted on:2023-12-04T06:00:00+05:00
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