Pakistan#Stock#Exchange

 Morning News (23rd Aug’23)


Politics & Economy

1. PM pledges ‘most transparent’ elections

https://epaper.brecorder.com/2023/08/23/1-page/970333-news.html

Neutral


2. IMF SBA gives comfort level to multilaterals, bilaterals: MEA officials

https://epaper.brecorder.com/2023/08/23/1-page/970338-news.html

Neutral


3. ‘Election not possible before May 2024’

https://www.thenews.com.pk/print/1102858-election-not-possible-before-may-2024

Neutral


4. SC urged to suspend operation of two ‘laws’

https://epaper.brecorder.com/2023/08/23/1-page/970334-news.html

Neutral


5. Minister pledges to accelerate CPEC pace

https://www.dawn.com/news/1771703/minister-pledges-to-accelerate-cpec-pace

Neutral


6. Gohar floats the idea of establishing ‘business parks’

https://epaper.brecorder.com/2023/08/23/1-page/970336-news.html

Neutral


7. Rupee slumps to record low, nears 300 vs dollar

https://www.dawn.com/news/1771694/rupee-slumps-to-record-low-nears-300-vs-dollar

Neutral


8. Over 0.25m people evacuated, shifted to safe places

https://epaper.brecorder.com/2023/08/23/12-page/970404-news.html

Neutral


9. PPP, MQM-P say concerned about ‘under-reporting’ of Sindh population

https://epaper.brecorder.com/2023/08/23/12-page/970401-news.html

Neutral


10. Construction pace likely to expedite on Dasu Hydropower Project

https://www.thenews.com.pk/print/1102838-construction-pace-likely-to-expedite-on-dasu-hydropower-project

Neutral


11. FPCCI demands withdrawal of section 7E, revised withholding tax rates on immovable properties

https://www.thenews.com.pk/print/1102757-fpcci-demands-withdrawal-of-section-7e-revised-withholding-tax-rates-on-immovable-properties

Neutral


Sector & Company Related

12. Power tariff hike of Rs2.07 per unit sought

https://tribune.com.pk/story/2432118/power-tariff-hike-of-rs207-per-unit-sought

Neutral for Power


13. SNGPL looks to add 100mmcfd by year-end

https://www.dawn.com/news/1771704/sngpl-looks-to-add-100mmcfd-by-year-end

Neutral for SNGP


14. Power generation up 5pc in July, cost down 22pc

https://www.thenews.com.pk/print/1102753-power-generation-up-5pc-in-july-cost-down-22pc

Neutral for Power


15. MCB Live integrates MCB Funds

https://www.thenews.com.pk/print/1102763-mcb-live-integrates-mcb-funds

Neutral for MCB


Board Meetings

PSO 09:30 AM

JSBL 10:00 AM

IGIL 12:00 PM

BAHL 12:30 PM

INIL 02:00 PM

SCBPL 03:00 PM

DAWH 03:00 PM

EFGH 03:00 PM

ASIC 03:30 PM

CYAN 05:00 PM


Currency & Commodities

PKR/USD 299.01

Gold/USD 1,897.5/oz

Coal USD 112.9/ton

WTI USD 79.9/bbl

Cotton 18,500/maund

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