Pakistan#Stock#Exchange

 Morning News (2nd Oct'23)


Politics & Economy

1. GCC, Pakistan sign FTA

https://epaper.brecorder.com/2023/10/01/1-page/973181-news.html

Neutral


2. Govt injects more clarity into SIFC initiative

https://epaper.brecorder.com/2023/10/02/1-page/973231-news.html

Neutral


3. Rupee surges to become world’s top performer in September

https://e.thenews.com.pk/detail?id=241932

Neutral


4. SBP forex reserves fall by $59m to $7.6bn

https://e.thenews.com.pk/detail?id=241934

Neutral


5. Sept inflation seen at 29-31pc

https://epaper.brecorder.com/2023/09/29/1-page/973124-news.html

Neutral


6. Economic revival plan: Tax on retail, agri and real estate sectors may be revised: MoF

https://epaper.brecorder.com/2023/09/29/1-page/973126-news.html

Neutral


7. $3bn deal is meant to give Pakistan policy anchor: IMF

https://e.thenews.com.pk/detail?id=242073

Neutral


8. IMF programme: Govt will deliver to secure $700m under SBA: Shamshad

https://epaper.brecorder.com/2023/09/29/1-page/973127-news.html

Neutral


9. SOEs Policy: CCoSOEs to put up final draft to cabinet for approval

https://epaper.brecorder.com/2023/09/29/1-page/973128-news.html

Neutral


10. PSM expenditure since its closure

https://epaper.brecorder.com/2023/09/29/1-page/973125-news.html

Neutral


11. Sept tax collection up by Rs20bn in 28 days

https://epaper.brecorder.com/2023/09/29/1-page/973131-news.html

Neutral


12. Shamshad-led task force to introduce tax reforms

https://epaper.brecorder.com/2023/09/29/1-page/973132-news.html

Neutral


13. $11bn bilateral assistance being sought: Shamshad

https://e.thenews.com.pk/detail?id=242060

Neutral


14. Pakistan LNG issues tender for two spot cargoes

https://epaper.brecorder.com/2023/09/29/10-page/973170-news.html

Neutral


15. Cut in rates of petroleum products

https://epaper.brecorder.com/2023/10/01/1-page/973183-news.html

Neutral


16. Meeting with Dr Shamshad: Banks, DFIs agree to set up private equity, venture funds

https://epaper.brecorder.com/2023/10/01/1-page/973184-news.html

Neutral


17. 11.8-kg LPG cylinder: OGRA notifies Rs246.15 price increase for October

https://epaper.brecorder.com/2023/10/01/1-page/973175-news.html

Neutral


18. CCP approves two mergers

https://epaper.brecorder.com/2023/10/01/1-page/973176-news.html

Neutral


19. Rs63bn more than the target: Q1 tax collection stands at Rs2.041trn

https://epaper.brecorder.com/2023/10/01/8-page/973223-news.html

Neutral


20. Uplift loans, advances: Govt fixes rate of mark-up

https://epaper.brecorder.com/2023/10/02/1-page/973234-news.html

Neutral


21. Rs1.9tr austerity steps being planned

https://e.thenews.com.pk/detail?id=242074

Neutral


Sector & Company Related

22. Plan being finalised to hike gas tariff under IMF deal

https://www.thenews.com.pk/print/1115104-plan-being-finalised-to-hike-gas-tariff-under-imf-deal

Neutral for Gas Utilities and E&Ps


https://www.highcpmrevenuegate.com/gkkgd5fspa?key=fef47e4fddbf3959ff495fc505ca59cf23. PD proposes gas prices for Mari-based fertiliser plants

https://epaper.brecorder.com/2023/10/02/1-page/973233-news.html

Neutral for Fertilizers


24. PPIB urges SBP to clear $700m dues of power projects

https://epaper.brecorder.com/2023/10/02/1-page/973232-news.html

Neutral for Power


25. Faysal bank to set up EC

https://e.thenews.com.pk/detail?id=241942

Neutral for FABL


26. Suzuki CEO speaks of plans to export cars

https://e.thenews.com.pk/detail?id=241939

Neutral for PSMC


27. IT minister to visit Saudi Arabia for talks on tech sector investment

https://e.thenews.com.pk/detail?id=241935

Neutral for Technology 


Board Meetings

META 10:00 AM

HUSI 11:00 AM

CNERGY 11:30 AM

FIBLM 11:30 AM

ANL 11:30 AM

CJPL 12:00 PM

TOMCL 2:00 PM

ALTN 2:30 PM

SEL 4:00 PM


Currency & Commodities

PKR/USD 287.74

Gold/USD 1,848.63/oz

Coal USD 122.60/ton

WTI USD 91.1/bbl

Cotton 17,700/maund

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