February 27, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.Pakistan achieves economic stability amid Govt’s reform efforts: FinMinPakistan has achieved economic stability following the Federal Government’s goal-oriented policies and economic reforms, which have started to positively. Read moreGovt ensures no economic burden on public during Ramadan: Ahsan IqbalClear directives have been issued by the Federal Minister for Planning, Development & Special Initiatives, Professor Ahsan Iqbal, ensuring that no economic. Read moreGovt unveils carbon market policy, draft rules under reviewThe carbon market policy has been launched, and the first draft of rules under the policy has been prepared and is currently being reviewed by an expert. Read moreIran urges Pakistan to ease trade barriers amid nearly $2mn in daily lossIranian officials urged the Pakistani government to take steps to facilitate trade, as trade barriers at the Pakistan-Iran border are causing a daily loss of. Read morePakistan commits to Trans Afghan Railway Project: PMPakistan has reaffirmed its commitment to the Trans Afghan railway project, emphasizing its potential to transform regional. Read moreUAE Crown Prince to visit Pakistan, strengthening bilateral tiesPakistan and the United Arab Emirates (UAE) are set to reinforce their longstanding ties as Crown Prince of Abu Dhabi. Read moreMinimum Zakat amount set at Rs179,689 for 1445-46 AHThe Administrator General Zakat has notified the Nisab of Zakat for the upcoming Zakat year 1445-46 A.H, setting the minimum. Read moreSSGC reveals gas schedule for RamadanSui Southern Gas Company (SSGC) has unveiled a schedule to ensure an uninterrupted gas supply for consumers. 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 moreShield Corporation reports Rs202mn profit in H1FY25, reversing Rs10mn lossShield Corporation Limited (PSX: SCL) has reported a net profit of Rs202 million for the half-year ended December 31, 2024, marking a significant turnaround. Read moreElectricity subsidy policy under review, restriction proposedIn a crucial discussion on the country’s electricity subsidy policy, officials from the Ministry of Finance briefed. Read moreGovt plans to establish free electricity market, says Power SecretaryThe government is working towards establishing a free electricity market, allowing consumers to choose their electricity provider. Read moreMitchell’s Fruit Farms faces bitter harvest with 92% profit dropMitchell’s Fruit Farms Limited (PSX: MFFL) has reported a net profit of Rs6.44 million for the half-year ended December 31. Read moreCoal-based power plants to replace oil-based units within 3 years: Power DivisionThe Power Division assured during a meeting of the National Assembly Standing Committee on Energy, chaired by Muhammad Idrees, that coal-based power plants. Read moreGold price in Pakistan falls Rs2,400 per tolaGold price in Pakistan decreased on Wednesday, with 24-karat gold being sold at Rs306,300 per tola, down Rs2,400. Read morePKR gains 6 paisa against USDThe Pakistani rupee (PKR) strengthened by 5.63 paisa or 0.02% against the US dollar in Wednesday’s interbank. Read morePSX Closing Bell: Skinny LoveThe benchmark KSE-100 Index concluded Wednesday’s trading session at 113,862.32, showing a decrease of 665.76 points or 0.58%. Read moreGhandhara posts Rs650mn profit in H1FY25, rebounding from lossGhandhara Automobiles Limited (PSX: GAL) reported a profit of Rs650.16 million [EPS: Rs11.41] for the half year ended December. Read moreKE seeks Rs5bn adjustment as NEPRA holds hearingK-Electric (KE) sought clearance for outstanding adjustments worth Rs5 billion as The National Electric Power Regulatory Authority. Read moreSECP facilitates Sukuk auctions worth Rs2.25tr since Dec 2023The Securities & Exchange Commission of Pakistan (SECP) has helped the DMO in conducting 18 auctions and raising a gross. Read morePakistan steps up green industrialization effortsPakistan is making significant strides toward green industrialization, reinforcing its commitment to sustainable manufacturing and regulatory. Read moreGillette Pakistan’s profits trimmed, down 14%Gillette Pakistan Limited (PSX: GLPL) has reported a 13.52% decline in net profit for the half-year ended December 31, 2024. Read moreShifa International Hospitals approves merger of Shifa Neuro Sciences InstituteThe board of directors of Shifa International Hospitals Limited (SHFA) has approved the merger of its wholly owned subsidiary, Shifa Neuro Sciences Institute. Read morePak Elektron enters strategic partnership with Electrolux ABPak Elektron Limited (PSX: PAEL) has entered into a strategic partnership with Electrolux AB, a global leader in multi-category home appliances. Read moreKP proposes interim NFC arrangement to bridge Rs38bn shortfallAn interim financial arrangement under the NFC has been proposed to address the halted fund allocations for the merged districts, which are receiving Rs66. Read moreStylers International profits take a knock, drop 28% YoYStylers International Limited (PSX: STYLERS) released its profit and loss statement for the half-year ended December 31, 2024, reporting. Read moreSilkbank’s losses widen to Rs13bn in 2024Silkbank Limited (PSX: SILK) reported its financial results for the year ended December 31, 2024, revealing an increase. Read moreGovt ensures favorable investment environment for automobile sector: FMThe government is committed to providing a favorable investment environment for the automobile sector, ensuring that businesses can thrive and contribute to. Read moreNishat Chunian swings back to profit with Rs260m earningsNishat Chunian Limited (PSX: NCL) returned to profitability, reporting a net profit of Rs259.59 million [EPS: Rs1.08] for the half-year. Read moreOil prices recover marginally following drop in U.S. inventoriesOil prices rose marginally on Wednesday, bouncing off two-month lows hit in the prior session after an industry group reported. Read moreQuice Food Industries cuts 1HFY25 loss by 65% to Rs5mnQuice Food Industries Limited (PSX: QUICE) reported a net loss of Rs5 million for the half-year ended December 31, 2024, reflecting a 65% improvement from the. Read moreShell Pakistan changes name to Wafi Energy PakistanShell Pakistan Limited (SHEL) has been renamed Wafi Energy Pakistan Limited, with a new security symbol. Read moreTrump opens new trade battle with potential copper tariffsU.S. President Donald Trump opened yet another front in his assault on global trade norms, ordering. Read morePakistan Banking Summit 2025 paves way for financial innovationThe Pakistan Banking Summit 2025 (PBS’25) has set the stage for a transformative shift in the country’s banking sector. Read moreRoshan Packages sees 2.5x profit growth in H1FY25Roshan Packages Limited (PSX: RPL) reported a 152% surge in profitability for the half-year ended December 31, 2024, with its profit rising to Rs55 million. Read morePakistan, Iran set $10bn trade target with new MoUPakistan and Iran have signed a Memorandum of Understanding (MoU) to boost bilateral trade, setting a target. Read moreNational Savings slashes profit rates by up to 33bpsThe government has once again reduced profit rates on National Savings Schemes (NSS), slashing returns by up to 33 basis. Read moreHUBC’s profit takes a hit, drops 27% in HY25Hub Power Company Limited (PSX: HUBC) reported a decline of 27.37% in its profitability, with its profit after tax dropping to Rs25.79 billion. Read moreNCCPL issues guidelines for clearing members amid bank holiday on March 3The National Clearing Company of Pakistan Limited (NCCPL) has issued guidelines for Clearing Members (CMs) regarding the use of RMS functionalities provided. Read morePSX revises trading timeline for KAPCO’s DFC contractsPakistan Stock Exchange (PSX) has revised the trading and settlement schedule of DFC-MAR-2025 and DFC-APR-2025. Read morePakistan, Uzbekistan explore investment, trade opportunitiesPakistan and Uzbekistan are set to enhance economic cooperation as Minister for Commerce Jam Kamal Khan. Read moreIHC stops Greentree from buying TRG Pakistan sharesThe Islamabad High Court (IHC) has issued a restraining order against Greentree Holdings Limited, preventing it from acquiring shares. Read moreClover Pakistan posts Rs172mn profit, up from Rs8mn loss last yearClover Pakistan Limited (PSX: CLOV) reported a net profit of Rs171.77 million [EPS: Rs5.52] for the half-year ended December 31, 2024. Read moreWorld Bank, ADB criticize Pakistan for renegotiating power contractsGlobal lenders including a unit of the World Bank and Asian Development Bank (ADB) have slammed Pakistan for renegotiating contracts with power producers and. Read moreGovt considers establishing National Crypto Council, says FMThe government will consider establishing a National Crypto Council, which will serve as a dedicated advisory body comprising key government representatives. Read moreHi-Tech lubricants keeps the engine running, slashes losses by 88%Hi-Tech Lubricants Limited (HTL) significantly reduced its net loss by 88% for the half-year ended December 31, 2024, posting a Rs40 million loss compared. Read moreClover Pakistan shifts focus from food to petroleum businessClover Pakistan Limited (PSX: CLOV) has recently transitioned its principal line of business from Food Products to Petroleum. Read moreTPL Trakker’s loss narrows by 17% despite 9% revenue dipTPL Trakker Limited (PSX: TPLT) reported a net loss after tax of Rs34.63 million for the half-year ending December 31. Read moreCopyright Mettis Link NewsPosted on: 2025-02-27T08:01:14+05:00The post MG Morning Breeze: Updates to Skim before Market appeared first on Mettis Global Link.