January 16, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
To pass on the benefits of lower global oil prices to consumers, the government has decided to slash the price of petrol by Rs8 per litre to Rs259.34, said a notification issued by the Finance Division. Read more
At close, the benchmark KSE-100 settled at 64,269.38 showing a decrease of 368.26 points or 0.57% from the previous session. Read more
The Pakistani rupee (PKR) appreciated by 11.76 paisa against the US dollar in Monday's interbank session as the currency settled the trade at PKR 280.24, as compared to the previous day's closing of PKR 280.36 per USD. Read more
Domestic bullion kicked off the week on a positive note, with the price of 24-karat gold in Pakistan rising Rs200 per tola to Rs217,900. Read more
The management of Lotte Chemical Pakistan Limited (PSX: LOTCHEM) has decided to temporarily suspend its Plant operations from January 15 to January 24, 2024 (both days inclusive). Read more
The wheat crop has been sown across over 22.73 million acres of land in various crop-growing regions during the Rabi season 2023-24 to meet staple food requirements and maintain strategic reserves throughout the year. Read more
Total inflows into Roshan Digital Accounts (RDA) during the calendar year 2023 fell 33% YoY or $797 million to $1.62 billion. Read more
The government has introduced a circular debt scheme designed to cut the country's total circular debt of Rs5.5 trillion by one-third, contingent on effective implementation, Muhammad Ali, the caretaker Energy minister stated. Read more
Macpac Films Limited (PSX: MACFL) has established a wholly owned subsidiary in Meydan Free Zone Dubai, UAE to enhance Macpac's footprint in the global market. Read more
Pakistan Credit Rating Agency Limited (PACRA) has maintained ratings of TPL Corp Limited (PSX: TPL)’s PPTFC at “AA-” for long term with a stable outlook forecast. Read more
EFG Hermes Pakistan Limited (PSX: EFGH) has received an addendum regarding the intention to acquire at least 51% shareholding and control of EFGH by Intermarket Securities Limited. Read more
The Hub Power Company Limited (PSX: HUBC), Pakistan’s largest Independent Power Producer (IPP), will hold a meeting of its Board of Directors on January 16, 2024, to consider and approve corporate actions and business developments. Read more
The net purchase of securities for the week ended January 05, 2024, clocked in at Rs1.56bn, as compared to a net sale worth Rs439.46 million recorded last week. Read more
Copyright Mettis Link News
Posted on:2024-01-16T07:10:42+05:00
42691
