June 04, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.CCP fines urea makers, trade body for price fixingThe Competition Commission of Pakistan (CCP) has taken decisive action against anti-competitive conduct in the fertilizer sector, imposing. Read moreM2 rises by Rs88bn in a weekBroad money (M2), the most widely used measure of money supply in Pakistan, rose by Rs88.22 billion WoW to Rs37.35 trillion as of May 23, 2025, data released. Read moreGovt borrows Rs59bn debt in a weekThe government of Pakistan has acquired an additional debt of Rs58.68 billion during the week ended May 23, 2025, which brings its total net borrowing for. Read morePakistan cement sales decline slightly in 11MFY24-25The domestic cement sales in Pakistan fell by 1.94% year-over-year during the first eleven months of the current fiscal year, with volumes. Read moreGold price in Pakistan rises Rs1,000 per tolaGold price in Pakistan increased on Tuesday, with 24-karat gold being sold at Rs354,100 per tola, up Rs1,000. Read morePSX Closing Bell: Cashing In BigThe benchmark KSE-100 Index concluded Tuesday’s trading session at 120,450.87, showing an increase of 1,573.07 points or 1.32%. Read morePKR weakens by 15 paisa against USDThe Pakistani rupee (PKR) decreased by 14.94 paisa or 0.05% against the US dollar in Tuesday’s interbank session to settle the trade at PKR 282.12 per USD. Read morePresident summons budget session of National Assembly for June 10 at 5 pmThe President has summoned the budget session of the National Assembly for June 10 at 5 pm. Read morePakistan reaffirms commitment to SCO economic agendaPakistan reaffirmed its strong commitment to the Shanghai Cooperation Organization’s (SCO) economic cooperation agenda. Read morePakistan boosts energy ties with AzerbaijanThe government has strengthened cooperation with Azerbaijan in the energy sector, according to Minister for Petroleum Ali. Read moreMG Pakistan overcomes delays to maintain serviceMG Pakistan has reaffirmed its commitment to quality and customer satisfaction by airlifting critical vehicle components. Read moreSBP to remain closed for Eid-ul-Adha from June 6–9The State Bank of Pakistan (SBP) has announced that it will remain closed from June 06 to June 09, 2025 (Friday to Monday). Read moreADB’s board approves $800m for PakistanThe Asian Development Bank (ADB) has approved an $800 million financing package for Pakistan under the Resource Mobilization Reform Program (Subprogram-II). Read moreWorld confidence grows as Pakistan’s economy gains momentumPakistan’s economic revival gains momentum as independent surveys and major global financial institutions highlight rising. Read moreBRRG receives Shariah Compliance Certificate from SECPBRR Guardian Limited (PSX: BRRG) has been issued a Shariah Compliance Certificate by the Securities and Exchange Commission of Pakistan (SECP). Read moreNishat Mills enters Pakistan’s EV market with Omoda, Jaecoo launchNishat Mills Limited (PSX: NML), the flagship company of the Nishat Group, has expanded into the electric vehicle market through its subsidiary, NexGen Auto. Read moreCLVL injects nearly Rs50m into subsidiary CPML via 5m share allotmentCordoba Logistics & Ventures Limited (PSX: CLVL) has injected equity of Rs49.99 million against the allotment of 4.9m shares (i.e., 99.99%) in Cordoba PE. Read moreLSE Capital acquires 5% equity stake in Digital CustodianLSE Capital Limited (PSX: LSECL) has acquired the entire 5% equity stake held by Asad Nawaz, a shareholder in Digital Custodian Company Limited. Read moreAlpha Cement to acquire around 84% of ACPL, submits PAI via AHLTo acquire 84.06% shares of Attock Cement Pakistan Limited (PSX: ACPL) (the Target Company), a Public Announcement of Intention (PAI) has been submitted. Read moreSaudi Riyal to PKR exchange rateThe current exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) against the Pakistani Rupee (PKR) as of [10:10 am PST] showed. Read morePakistan, Syria agree to strengthen bilateral tiesPakistan and Syria have agreed to boost their bilateral exchanges to further strengthen their. Read moreChina’s manufacturing shrinks at fastest rate since 2022China’s manufacturing sector contracted sharply in May, marking the fastest decline since September 2022. Read morePM emphasizes timely attention to water, energy projectsThe need for enhanced water storage and energy generation has made projects like the Diamer-Bhasha Dam a top national priority. Read morePSX to remain closed from June 6 to June 9The Pakistan Stock Exchange Limited (PSX) will remain closed from Friday, June 06, 2025 till Monday, June 09, 2025. Read moreKAPCO Board approves joint control of Attock Cement with Fauji FoundationThe Board of Directors of Kot Addu Power Company Limited (PSX: KAPCO) has approved the acquisition of shares and joint control. Read morePakistan’s OMC sales rise 5% MoM in May 2025, up 10% YoYThe sales volume of oil marketing companies (OMCs) in Pakistan saw a significant increase of 5% month-on-month (MoM) in May 2025, reaching a total of 1.53. Read morePakistan, China call for end to unilateral movesPakistan and China have emphasized that aggressive posturing and unilateral actions must be firmly opposed, as they threaten. Read moreAsia stocks mixed after China factory activity shrinksAsia-Pacific markets traded mixed Tuesday following a sharp contraction in China’s manufacturing activity, raising concerns. Read moreNBP issues foreign exchange ratesThe treasury management division of the National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. Read moreCopyright Mettis Link NewsPosted on: 2025-06-04T06:00:48+05:00The post MG Morning Breeze: Updates to Skim before Market appeared first on Mettis Global Link.