Daily Market News 21 December

daily market news

 

Link International Exchange Company (Pvt) Ltd. Your Money Matters Daily Market News Thursday, 21 December 2023 Pakistan inks $1.2 billion loan agreement with ADB 01 The Asian Development Bank (ADB) Wednesday confirmed that it has inked a $1.2 billion loan agreement with Pakistan.

National Saving Schemes: CDNS revises rates of return downwards 02 The Central Directorate of National Savings (CDNS) has revised the rates of return on some of its National Savings Schemes.

Govt borrows record Rs397bn in bond sale as rate cut looms 03 The government raised a record Rs397 billion in a local currency bond auction on Wednesday, the largest amount it borrowed in a single auction in years, as investors bet on an interest rate cut in early 2024. 04 Oil settles up on Red Sea tensions; gains capped by US stock builds Dec 20 (Reuters) – Oil prices settled slightly higher after a choppy trading session on Wednesday as investors worried about global trade disruption and tensions in the Middle East following attacks on ships by Yemen’s Iran-aligned Houthi forces in the Red Sea.

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