Pakistan#Stock#Exchange

 Morning News (25th Aug’23)


Politics & Economy

1. Govt decides to implement ‘track and trace’ system

https://epaper.brecorder.com/2023/08/25/1-page/970497-news.html

Neutral


2. Failure to notify gas tariff…: Pakistan may face IMF wrath in next review

https://www.thenews.com.pk/print/1103489-failure-to-notify-gas-tariff-pakistan-may-face-imf-wrath-in-next-review

Neutral


3. ‘Vision of $80bn exports’ shared with EU envoy

https://epaper.brecorder.com/2023/08/25/1-page/970499-news.html

Neutral


4. President endorses FTO’s order against FBR

https://epaper.brecorder.com/2023/08/25/12-page/970568-news.html

Neutral


5. Gohar for early operationalisation of EXIM Bank

https://epaper.brecorder.com/2023/08/25/1-page/970500-news.html

Neutral


6. LHC seeks replies over likely delay in elections

https://epaper.brecorder.com/2023/08/25/1-page/970502-news.html

Neutral


7. Dollar demand pushes rupee to new low: SBP

https://mettisglobal.news/dollar-demand-pushes-rupee-to-new-low-sbp/

Neutral


8. Baqar orders action against medicine hoarding, substandard drugs

https://www.thenews.com.pk/print/1103428-baqar-orders-action-against-medicine-hoarding-substandard-drugs

Neutral


9. SBP deputy governor says inflation passed peak, seen slowing in second half of FY2024

https://www.thenews.com.pk/print/1103401-sbp-deputy-governor-says-inflation-passedpeak-seen-slowing-in-second-half-of-fy2024

Neutral


10. Energy minister takes charge of CCoE

https://www.thenews.com.pk/print/1103405-energy-minister-takes-charge-of-ccoe

Neutral


11. Forex reserves fall $131m

https://epaper.brecorder.com/2023/08/25/12-page/970570-news.html

Neutral


12. Gas supply in Sindh to be halted for 48 hours

https://mettisglobal.news/gas-supply-in-sindh-to-be-halted-for-48-hours/

Neutral


Sector & Company Related

13. Drap notifies prices of 25 new drugs

https://www.dawn.com/news/1772063/drap-notifies-prices-of-25-new-drugs

Neutral for Pharmaceutical


14. Consumers to pay over Rs124bn capacity charges

https://epaper.brecorder.com/2023/08/25/1-page/970498-news.html

Neutral for Power


15. Tax dept issuing notices to Discos for not deducting WHT

https://epaper.brecorder.com/2023/08/25/12-page/970573-news.html

Neutral for Power


16. Indus Motor Company shuts plant for 13 days

https://www.thenews.com.pk/print/1103406-indus-motor-companyshuts-plant-for-13-days

Neutral for INDU


17. Status quo in KE board re-composition case

https://www.dawn.com/news/1772080/status-quo-in-ke-board-re-composition-case

Neutral for KEL


18. Nimir Resins plans corporate restructuring

https://mettisglobal.news/nimir-resins-plans-corporate-restructuring/

Neutral for NICL


Board Meetings

ATIL 8:00 AM

SAPL 10:00 AM

PSMC 10:00 AM

AGIL 10:30 AM

BOK 11:00 AM

SMBL 11:00 AM

PAKRI 2:00 PM

PCAL 2:30 PM

PKGS 2:30 PM

DLL 3:00 PM

CENI 3:00 PM

INDU 4:00 PM

BATA 4:00 PM


Currency & Commodities

PKR/USD 300.22

Gold/USD 1,916.91/oz

Coal USD 111.0/ton

WTI USD 79.3/bbl

Cotton 19,400/maund

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