Pakistan#Stock#Exchange

Morning News (13th Sep’23) Politics & Economy 

1. US envoy now reaches out to people of Gwadar https://epaper.brecorder.com/2023/09/13/1-page/971962-news.html Neutral
2. MoE advocates supply of RLNG to bulk consumers https://epaper.brecorder.com/2023/09/13/1-page/971963-news.html Neutral 3. Suddenly airport outsourcing plans put on ice https://epaper.brecorder.com/2023/09/13/1-page/971965-news.html Neutral 4. PPIB extends LoI of Mahl HHP to Dec 31, 2024 https://epaper.brecorder.com/2023/09/13/1-page/971964-news.html Neutral 5. Paperless environment not possible: FBR https://epaper.brecorder.com/2023/09/13/1-page/971960-news.html Neutral 6. Annual target of Rs9.4tr: Shamshad asks FBR how it plans to plug widening revenue hole https://www.thenews.com.pk/print/1109416-annual-target-of-rs9-4tr-shamshad-asks-fbr-how-it-plans-to-plug-widening-revenue-hole Neutral 7. Artificial appreciation of PKR to encourage imports: Pasha https://epaper.brecorder.com/2023/09/13/12-page/972018-news.html Neutral 8. Nepra grills CEOs of Discos for inflated electricity bills https://epaper.brecorder.com/2023/09/13/12-page/972022-news.html Neutral 9. Power theft of 10.7m units detected in six days https://www.thenews.com.pk/print/1109413-power-theft-of-10-7m-units-detected-in-six-days Neutral 10. Technology – a super regulator https://www.thenews.com.pk/print/1109255-technology-a-super-regulator Neutral 11. Senate committee visits TDAP https://www.thenews.com.pk/print/1109258-senate-committee-visits-tdap Neutral Sector & Company Related 12. Bank deposits hit Rs26.1 trillion in August, up 18pc year-on-year https://www.thenews.com.pk/print/1109251-bank-deposits-hit-rs26-1-trillion-in-august-up-18pc-year-on-year Neutral for Commercial Banks 13. UBL board approves divestment of stake in UNBL UK https://epaper.brecorder.com/2023/09/13/1-page/971966-news.html Positive for UBL 14. Supreme Court directs LHC to decide sugar price case within a month https://www.thenews.com.pk/print/1109231-sc-directs-lhc-to-decide-sugar-price-case-within-a-month Neutral for Sugar 15. Govt directs OGRA to keep OMCs’ retail outlets stocked https://www.thenews.com.pk/print/1109248-govt-directs-ogra-to-keep-omcs-retail-outlets-stocked Neutral for OMCs 16. OGDCL starts new oil and gas production at Nashpa-11 well https://www.thenews.com.pk/print/1109254-ogdcl-starts-new-oil-and-gas-production-at-nashpa-11-well Positive for ODGC Board Meetings SEPL 9:00 AM ARM 9:30 AM FHAM 10:30 AM HRPL 11:00 AM Currency & Commodities PKR/USD 299.89 Gold/USD 1,913.67/oz Coal USD 117.10/ton WTI USD 89.04/bbl Cotton 18,500/maund

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