February 28, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.APTMA, Brazilian delegation discuss cotton sector collaborationIn a significant development for the textile and cotton industries, the Brazilian Cotton Producers Association (ABRAPA). Read moreSBP targets to raise Rs6.3tr: Auction Calendar March-MayThe government is targeting to raise Rs6.3 trillion during the three months from March – May 2025, through the auction of Market. Read moreSBP reserves rise $21m to $11bnThe foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $20.9 million or 0.19% WoW. Read moreSBP invites bids for Rs200bn PFL buyback auctionThe State Bank of Pakistan (SBP) has invited bids for the buyback auction of Pakistan Investment Bond. Read moreFinMin, MUFAP discuss mutual fund industry growthPakistan’s mutual fund industry plays a crucial role in promoting savings, investments, and capital market development. Read moreJefferies Investors discuss economic reforms with FinMinPakistan’s economic stabilization, structural reforms, and investment opportunities were the focus of discussions. Read moreFederal govt appoints competition tribunal chairman, membersThe federal government has appointed the chairman and two members of the Competition Appellate Tribunal. Read morePSX reveals auction schedule for GoP Ijarah SukukThe Pakistan Stock Exchange (PSX) will conduct multiple auctions for the sale of Government of Pakistan (GoP) Ijarah Sukuk (GIS). Read moreTri-Star Power tightens the belt, losses drop by 49%Tri-Star Power Limited (PSX: TSPL) has reported a net loss of Rs3.87 million [LPS: Rs0.26] for the half-year ended December 31. Read moreDolmen City REIT rides the wave with 31% profit surgeDolmen City REIT (PSX: DCR) reported a net profit of Rs6.8bn for the half-year ended December 31, 2024. Read moreRupali Polyester faces Rs736mn loss in H1FY25Rupali Polyester Limited (PSX: RUPL) has reported a loss of Rs735.82 million for the half year ended December 31, 2024. Read moreGold price in Pakistan falls Rs3,300 per tolaGold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs303,000 per tola, down Rs3,300. Read moreSaudi Riyal to PKR exchange rateThe exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) showed minor movements against the Pakistani rupee (PKR) in today’s. Read moreMinistry projects inflation at 2-3% for FebruaryInflation in February 2025 is anticipated to remain within the range of 2%-3%, however, there are prospects. Read moreKohinoor Energy reports 57% drop in 1HFY25 profit to Rs325mnKohinoor Energy Limited (PSX: KOHE) has reported a 57% decline in net profit for the half-year ended December 31, 2024, with profit after tax falling to Rs325. Read moreSHC suspends SECP order declaring SEPL as public sector companySecurity Papers Limited (PSX: SEPL) on Thursday disclosed that the Sindh High Court (SHC) has suspended the operation of the SECP’s Appellate. Read moreOGDC commences gas production from Uch-36Oil & Gas Development Company Limited (OGDCL) has successfully commenced production from Uch-36 development well. Read moreBankIslami reports Rs12bn profit for 2024BankIslami Pakistan Limited (PSX: BIPL) has announced its financial results for the year ended December 31, 2024, reporting a profit after taxation of Rs12. Read moreAzgard Nine reports 32% decline in 1HFY25 profit to Rs200mnAzgard Nine Limited (PSX: ANL) has reported a 32% decline in its profit after tax, amounting to Rs200 million for the half-year ended December 31, 2024. Read moreRudolf Pakistan acquires 20.83m shares of Nimir ResinsRudolf Pakistan (Private) Limited’s public offer to acquire 30.28 million shares of Nimir Resins Limited (PSX: NRSL). Read moreBIPL to establish Exchange Company with Rs1.2bn CapitalThe Board of Directors of BankIslami Pakistan Limited (PSX: BIPL) approved the establishment of an exchange company. Read moreSECP holds online consultation sessions on Research Analyst Regulations, CBSThe Securities and Exchange Commission of Pakistan (SECP) conducted two online consultation sessions ‘Review of Research Analyst Regulations’. Read moreNishat Power takes a shocking jolt, records nearly Rs3bn lossNishat Power Limited (PSX: NPL) has reported a net loss of Rs3 billion for the half-year ended December 31, 2024, compared to a net profit of Rs2.3bn in the. Read morePSX Closing Bell: I Want It That WayThe benchmark KSE-100 Index concluded Thursday’s trading session at 113,784.30, showing a decrease of 78.02 points or 0.07%. Read morePKR falls 11 paisa per USDThe Pakistani Rupee (PKR) depreciated by 10.73 paisa or 0.04% against the US dollar. Read moreGhandhara Tyre’s profits hit a bump in the road with 83% dropGhandhara Tyre & Rubber Company Limited (PSX: GTYR) reported a significant 83% decline in net profit for the half-year ended December 31, 2024, posting Rs25. Read moreBata Pakistan reports Rs851mn profit for 2024, down 7% YoYBata Pakistan Limited (PSX: BATA) has reported a profit of Rs851 million for the year ended December 31, 2024, marking a 7% decline compared to Rs916mn in. Read moreTPL Corp reports Rs1bn 1HFY25 loss, improving 34% YoYTPL Corp Limited (PSX: TPL) has reported a net loss of Rs1 billion for the half-year ended December 31, 2024, marking a 34% improvement from the Rs2bn loss. Read moreOilboy Energy powers up as losses shrink by 54%Oilboy Energy Limited (PSX: OBOY) has reported a reduced net loss of Rs14 million for the half-year ended December 31, 2024, compared to a loss of Rs30mn in. Read moreKohinoor Spinning Mills pulls the right threads, losses down by 19%Kohinoor Spinning Mills Limited (PSX: KOSM) has posted a net loss of Rs64 billion for the half-year ended December 31, 2024, reflecting a 19% improvement. Read morePREMA reports 38% surge in 1HFY25 profit to Rs146mnAt-Tahur Limited (PSX: PREMA) has reported a significant 38% increase in its profit after taxation for the half-year ended December 31, 2024, reaching Rs146. Read moreHBL approves Rs2bn investment in HBL Microfinance BankThe Board of Directors of Habib Bank Limited (HBL) has approved an equity investment of up to Rs2 billion. Read moreSitara Energy reports Rs131mn loss for H1FY25, escalating 3x YoYSitara Energy Limited (PSX: SEL) has reported a loss of Rs131 million for the half-year ended December 31, 2024, marking a 200% increase from the Rs44mn loss. Read moreCiti Pharma makes first MENA export, EUR 560,000 dealCiti Pharma Limited (PSX: CPHL) has completed its first-ever export to the MENA Region, marking a significant milestone. Read moreToyota revs up production with first rise in a yearThe worldwide production of Toyota Motor rose for the first time in a year in January, as it ramped up output. Read moreTRG Pakistan receives IHC order halting share acquisitionTRG Pakistan Limited has received a certified order from the Islamabad High Court (IHC), which has temporarily restrained. Read moreDollar gains amid trade uncertainty, Nvidia offers little market boostAsian stocks were mixed in early Asian hours on Thursday, with tech shares around the region getting little steer from heavyweight U.S. chipmaker and AI. Read morePakistan eyes expanded agri-trade with FrancePakistan is poised to expand its agricultural exports and research collaborations with France. Read moreSymmetry Group reports 36% surge in 1HFY25 profit, reaching Rs103mnSymmetry Group Limited (PSX: SYM) reported a 36% increase in profit after taxation for the half-year ended December 31, 2024, reaching Rs103 million compared. Read moreTHALL reports Rs4bn profit for 1HFY25, down 20% YoY, declares dividendThal Limited (PSX: THALL) has reported a consolidated profit after taxation of Rs4 billion for the half-year ended December 31, 2024, reflecting a 20% decline. Read moreGandhara turns tide with Rs1.3bn profitGandhara Industries Limited (PSX: GHNI) has reported a remarkable turnaround in its financial performance. Read moreNBP issues foreign exchange ratesThe treasury management division of the National Bank of Pakistan (NBP) on Thursday issued the following exchange rates. Read moreZarea to debut on PSX on February 28Zarea Limited (ZAL) is set to make its debut on the Main Board of the Pakistan Stock Exchange (PSX) on Friday, February 28, 2025. Read moreCopyright Mettis Link NewsPosted on: 2025-02-28T08:39:45+05:00The post MG Morning Breeze: Updates to Skim before Market appeared first on Mettis Global Link.