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Pakistan KSE-100 index rose 1% to 112,128.50.The personal pension system has been extended to the whole country, and banks have issued assessment tasks: before the first quarter, each person must complete at least 20 accounts, and the personal pension system has been extended from 36 pilot cities (regions) to the whole country. The reporter learned that major banks have already laid out in advance in non-pilot areas and started the work of making an appointment to open an account for personal pension funds. A staff member of the personal finance department of a state-owned bank told reporters that with the full roll-out of the personal pension system, their bank is preparing for a 100-day attack. The staff also revealed that at present, the bank has issued specific task indicators to employees. "Each employee needs to complete about 20 to 30 account opening tasks, from now until the end of the first quarter of next year." (per meridian)Institution: The battery price stabilized in November, and it is expected to rise slightly in 2025. On December 12, according to the latest research of TrendForce Jibang Consulting, in November 2024, the sales of electric vehicles in China continued to increase, which boosted the demand for power batteries, and the price of Ferrous lithium phosphate batteries remained stable, while the ternary batteries declined slightly. The demand for batteries in the energy storage market maintained the peak season characteristics, and with the price advantage of large-capacity batteries, the proportion of shipments increased. However, the average price of energy storage batteries continued to decline in November due to the slowdown in demand for orders at the end of the year. The agency expects that the price of some lithium battery materials may rise slightly in the peak season of 2025, which is expected to repair the serious losses of the company in the early stage. However, due to the fact that the relationship between supply and demand has not changed from surplus to shortage, the expected increase in material prices is limited, and battery manufacturers actively control costs, the battery price trend will be stable next year.

Turkey imposes additional tax on Iranian flat glass imports.Kuwait set the price of crude oil sold to the Mediterranean region and northwest Europe in January at a discount of $4.90 per barrel.Afternoon comments on Hong Kong stocks: Hang Seng Index rose by 1.72%, Hang Seng Technology Index rose by 2.55%, Hong Kong stocks closed at noon, Hang Seng Index rose by 1.72% and Hang Seng Technology Index rose by 2.55%. Chinese brokerage stocks and consumer stocks were among the top gainers, with China Merchants Securities, Mengniu Dairy and Tongcheng Travel up over 7% and over 5% respectively.

Home improvement stocks continued to rise, with daily limit of Wole Home, Meike Home, Yazhen Home, Mengtian Home, Jinpai Home and Double Gun Technology, while Dinggu Set rose by over 10%, while Shangpin home delivery, Fun Sleep Technology and Wrigley Home rose by over 5%.The passenger throughput of airports in Shanxi Province exceeded 20 million passengers. The reporter learned from Shanxi Aviation Industry Group Co., Ltd. on the 12th that as of December 10th, the passenger throughput of airports in Shanxi Province exceeded 20 million passengers, 14 days earlier than that in 2019, realizing a new leap-forward development. (China News Network)Chief Economic Adviser of India: Continuing to support high-quality capital expenditure will be the driving force to maintain India's economic growth.