Pakistan Stock Exchange

 Morning News (12th Oct'23)


Politics & Economy


1. IMF sees slight rise in govt expenditur


2. WB set to provide privatisation template to Islamabad within a week

https://www.thenews.com.pk/print/1118318-wb-set-to-provide-privatisation-template-to-islamabad-within-a-week

Neutral


3. ‘Selling govt share in Reko Diq to KSA’


Neutral


4. Rabi Season 2023-24

Neutral


5. Pakistan-Russia shipping service faces bank hurdles

https://www.thenews.com.pk/print/1118356-pakistan-russia-shipping-service-faces-bank-hurdles

Neutral


6. Agro, food exports surge 37.4pc in July-Sept

https://www.thenews.com.pk/print/1118360-agro-food-exports-surge-37-4pc-in-july-sept

Neutral


7. ‘B’ Category: Authorisation of 5 forex cos suspended

https://www.brecorder.com/news/40267685/b-category-authorisation-of-5-forex-cos-suspended

Neutral


8. ‘External factors’ seen behind fake CNICs to aliens

https://www.dawn.com/news/1780640/external-factors-seen-behind-fake-cnics-to-aliens

Neutral


9. Pakistan, Unicef sign MoU for procurement of polio vaccines

https://www.dawn.com/news/1780636/pakistan-unicef-sign-mou-for-procurement-of-polio-vaccines

Neutral


Sector & Company Related

10. KE submits three-tier IGP to govt


Neutral for KEL


11. PPRA decides to recommend govt give exemption to PNSC


Neutral for PNSC


12. Export of services, inward FDI flows: IT sector’s share likely to expand

https://www.brecorder.com/news/40267638/export-of-services-inward-fdi-flows-it-sectors-share-likely-to-expand

Neutral for IT


13. PIA, other loss-making SOEs


Neutral for PIAA


https://www.highcpmrevenuegate.com/gkkgd5fspa?key=fef47e4fddbf3959ff495fc505ca59cf14. SNGPL imposes Rs23m fine on 244 gas pilferers

https://www.thenews.com.pk/print/1118338-sngpl-imposes-rs23m-fine-on-244-gas-pilferers

Neutral for SNGPL


15. PPL’s production rise

https://www.thenews.com.pk/print/1118365-ppl-s-production-rise

Neutral for PPL


16. SIUT offers to buy Regent Plaza hotel for Rs14.5bn


Positive for PHDL


Board Meetings

EPQL          10:00 AM

EFERT         10:30 AM

LOTCHEM  11:00 AM

NCPL           11:00 AM


Currency & Commodities

PKR/USD 279.51

Gold/USD 1,874.36/oz

Coal USD 130.85/ton

WTI USD 83.1/bbl

Cotton 16,600/maund

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