Pakistan#Stock#Exchange

 Morning News (11th Sep’23)

Politics & Economy

1. Joint efforts targeting $2bn disbursements: World Bank

https://epaper.brecorder.com/2023/09/10/1-page/971745-news.html

Neutral


2. SIFC apex body lays focus on economic revival efforts

https://epaper.brecorder.com/2023/09/09/1-page/971686-news.html

Neutral


3. ‘Massive’ crackdown on hoarders, smugglers announced

https://www.brecorder.com/news/40262512/massive-crackdown-on-hoarders-smugglers-announced

Neutral


4. Finance minister says govt to go for rollover of deposits

https://epaper.brecorder.com/2023/09/09/1-page/971685-news.html

Neutral


5. DISCOs’ July tariff raised by Rs1.46 per unit

https://epaper.brecorder.com/2023/09/09/1-page/971687-news.html

Neutral


6. Govt says gas prices to be revised upward

https://epaper.brecorder.com/2023/09/09/1-page/971683-news.html

Neutral


7. Major tax drive initiated against defaulters

https://epaper.brecorder.com/2023/09/10/1-page/971742-news.html

Neutral


8. FBR to engage CSOs, NGOs to provide info about improved tax services

https://epaper.brecorder.com/2023/09/10/1-page/971744-news.html

Neutral


9. US announces $40m new diaspora investment

https://epaper.brecorder.com/2023/09/10/1-page/971747-news.html

Neutral


10. New visa regime announced to make an ‘open Pakistan’

https://epaper.brecorder.com/2023/09/10/1-page/971735-news.html

Neutral


11. Govt to bring power tariff at par with other industries

https://epaper.brecorder.com/2023/09/10/8-page/971776-news.html

Neutral


12. Govt set to secure massive domestic borrowing of Rs11.04tr

https://tribune.com.pk/story/2435123/govt-set-to-secure-massive-domestic-borrowing-of-rs1104tr

Neutral


13. Govt mulls ordinance to digitise economy

https://tribune.com.pk/story/2435139/govt-mulls-ordinance-to-digitise-economy

Neutral


14. Massive crackdown launched to combat power theft

https://tribune.com.pk/story/2435161/massive-crackdown-launched-to-combat-power-theft

Neutral


15. No plan to scan bank lockers for dollars

https://epaper.dawn.com/DetailImage.php?StoryImage=10_09_2023_009_003

Neutral


16. Trading in banking ETF from next week

https://epaper.dawn.com/DetailImage.php?StoryImage=09_09_2023_009_004

Neutral


17. Wholesale rate falls after govt action

https://epaper.dawn.com/DetailImage.php?StoryImage=09_09_2023_009_008

Neutral


18. Caretakers likely to ease the woes of power sector

https://epaper.brecorder.com/2023/09/11/1-page/971791-news.html

Neutral


19. Unchallenged tax demand case

https://epaper.brecorder.com/2023/09/11/1-page/971787-news.html

Neutral


20. Power pilferers: IESCO detects 105 meters, imposes Rs7.567m fine

https://www.brecorder.com/news/40262502/power-pilferers-iesco-detects-105-meters-imposes-rs7567m-fine

Neutral


21. Retailers warn of Rs3.5tr loss in sales

https://tribune.com.pk/story/2435130/retailers-warn-of-rs35tr-loss-in-sales

Neutral


22. IT minister vows to ensure $1bn investment for startups

https://www.thenews.com.pk/latest/1108377-it-minister-vows-to-ensure-1bn-investment-for-startups

Neutral


23. Iran seeks extension in gas pipeline deal

https://tribune.com.pk/story/2434939/iran-seeks-extension-in-gas-pipeline-deal

Neutral


24. Govt amends export policy to facilitate oil trade by foreign suppliers

https://e.thenews.com.pk/detail?id=236198

Neutral


25. Soya Supreme plans IPO

https://epaper.dawn.com/DetailImage.php?StoryImage=09_09_2023_009_006

Neutral


Sector & Company Related

26. Global rice prices hit 15-year high after India’s curbs

  https://epaper.brecorder.com/2023/09/09/1-page/971688-news.html

Positive for MFL


27. Auto parts manufacturers face setback as used car imports surge

 https://tribune.com.pk/story/2435108/auto-parts-manufacturers-face-setback-as-used-car-imports-surge

Negative for Automobile Parts & Accessories


28. Govt support eases PIA fiscal crisis

https://tribune.com.pk/story/2435126/govt-support-eases-pia-fiscal-crisis

Neutral for PIA


29. Textile exports fall 6pc to $1.48 billion in August

https://e.thenews.com.pk/detail?id=236451

Neutral for Textile


Board Meetings

DYNO  3:00 PM

THALL 3:30 PM


Currency & Commodities

PKR/USD 302.95

Gold/USD 1,919.08/oz

Coal USD 114.25/ton

WTI USD 87.0/bbl

Cotton 18,000/maund

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