Pakistan#Stock#Exchange

Morning News (22nd Sep’23) Politics & Economy
1. Election to be held in last week of Jan https://epaper.brecorder.com/2023/09/22/1-page/972632-news.html Neutral 2. ‘Tax rich more,’ IMF asks govt https://epaper.brecorder.com/2023/09/22/1-page/972626-news.html Neutral 3. Caretaker govt can speed up sick SOEs selloff: minister https://www.thenews.com.pk/print/1112121-caretaker-govt-can-speed-up-sick-soes-selloff-minister Neutral 4. Pakistan’s bright times ahead with investment accords with GCC: FM https://www.thenews.com.pk/print/1112132-pakistan-s-bright-times-ahead-with-investment-accords-with-gcc-fm Neutral 5. GST evaded through flying invoices estimated at Rs5-6trn https://epaper.brecorder.com/2023/09/22/1-page/972628-news.html Neutral 6. NAB submits record of corruption cases to AC https://epaper.brecorder.com/2023/09/22/3-page/972648-news.html Neutral 7. Consumers see some relief in wheat, sugar prices https://www.dawn.com/news/1777237/consumers-see-some-relief-in-wheat-sugar-prices Neutral 8. Minister, retailers discuss steps aimed at boosting exports https://epaper.brecorder.com/2023/09/22/12-page/972685-news.html Neutral 9. Initially, Pakistan and GCC likely to sign FTAs on limited items https://epaper.brecorder.com/2023/09/22/12-page/972690-news.html Neutral Sector & Company Related 10. Gas tariff to be raised for Sindh, says minister https://www.dawn.com/news/1777242/gas-tariff-to-be-raised-for-sindh-says-minister Positive for E&Ps and Gas Utilities 11. Barrick says big miners eyeing its Pakistan copper project https://www.thenews.com.pk/print/1112161-barrick-says-big-miners-eyeing-its-pakistan-copper-project Neutral for OGDC and PPL 12. SBP ups cash incentives for banks, MFBs and ECs https://epaper.brecorder.com/2023/09/22/1-page/972624-news.html Neutral for Banks 13. LCI to acquire approx 75.01pc shareholding of Lotte Chemical Ltd https://epaper.brecorder.com/2023/09/22/12-page/972688-news.html Neutral for LCI https://www.highcpmrevenuegate.com/gkkgd5fspa?key=fef47e4fddbf3959ff495fc505ca59cf 14. Faulty refrigeration system blamed for UAE meat ban https://www.dawn.com/news/1777241/faulty-refrigeration-system-blamed-for-uae-meat-ban Neutral for TOMCL Board Meetings POML 11:00 AM PPP 11:00 AM PIM 11:00 AM CLOV 11:00 AM MUGHAL 11:30 AM BERG 03:00 PM Currency & Commodities PKR/USD 292.78 Gold/USD 1,920.02/oz Coal USD 120.50/ton WTI USD 90.36/bbl Cotton 18,800/maund

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Pakistan#Stock#Exchange

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