Pakistan#Stock#Exchange

 Morning News (5th Oct'23)

Politics & Economy


1. COAS, US Defense Secy discuss regional developments

https://epaper.brecorder.com/2023/10/05/24-page/973570-news.html

Neutral


2. Top SIFC body keen to speed up privatisation of loss-making SOEs

https://www.thenews.com.pk/print/1116160-top-sifc-body-keen-to-speed-up-privatisation-of-loss-making-soes

Neutral


3. First review under SBA becomes due: Ministries spurred into action

https://epaper.brecorder.com/2023/10/05/1-page/973493-news.html

Neutral


4. ‘Washing preparation’: FBR to charge 20pc import duty

https://epaper.brecorder.com/2023/10/05/1-page/973491-news.html

Neutral


5. 500bps hike in policy rate adds Rs300bn to domestic debt: MoF

https://epaper.brecorder.com/2023/10/05/1-page/973494-news.html

Neutral


6. Afghanistan transit trade agreement: MoC allows transportation of goods already landed at Karachi

https://epaper.brecorder.com/2023/10/05/1-page/973495-news.html

Neutral


7. Jan-Jun 2024: PPRA allows PLL to buy 12 LNG spot cargoes

https://epaper.brecorder.com/2023/10/05/24-page/973572-news.html

Neutral


8. SECP revises Companies (Further Issue of Shares) Regulations, 2020

https://epaper.brecorder.com/2023/10/05/24-page/973569-news.html

Neutral


9. Money supply shrinks 1.3pc in Q1 as cash holdings drop

https://www.thenews.com.pk/print/1116069-money-supply-shrinks-1-3pc-in-q1-as-cash-holdings-drop

Neutral


10. Pakistan’s deposit protection scheme meets global benchmark

https://www.thenews.com.pk/print/1116070-pakistan-s-deposit-protection-scheme-meets-global-benchmark

Neutral


11. Services exports rise for second month in August

https://www.dawn.com/news/1779395/services-exports-rise-for-second-month-in-august

Neutral


Sector & Company Related

12. K-Electric seeks $2bn from Shanghai Electric for stake sale

https://www.thenews.com.pk/print/1116067-k-electric-seeks-2bn-from-shanghai-electric-for-stake-sale

Neutral for KEL


13. Textile exports slump for 12th month in a row

https://www.thenews.com.pk/print/1116071-textile-exports-slump-for-12th-month-in-a-row

Neutral for Textiles


https://www.highcpmrevenuegate.com/gkkgd5fspa?key=fef47e4fddbf3959ff495fc505ca59cf14. PSO faces cash crunch as LNG imports surge and receivables mount

https://www.thenews.com.pk/print/1116074-pso-faces-cash-crunch-as-lng-imports-surge-and-receivables-mount

Neutral for PSO


15. TPL Insurance (WTO) and HBL to offer Takaful coverage to car finance customers

https://epaper.brecorder.com/2023/10/05/21-page/973556-news.html

Neutral for TPLI and HBL


16. Approval of new tariff for Kapco plant: Nepra in a fix

https://epaper.brecorder.com/2023/10/05/24-page/973574-news.html

Neutral for KAPCO


Board Meetings

BILF      9:00 AM

JATM   9:00 AM

ASTM   9:30 AM

YOUW 10:00 AM

ICIBL    10:30 AM

OML    11:00 AM

GCIL    11:00 AM

ANTM 11:00 AM

IML       11:00 AM

SAIF     11:00 AM

NCML  11:00 AM

SZTM 11:30 AM

PAKL     11:30 AM

BNL     12:00 PM

DMTX   1:30 PM

CASH   2:00 PM

TELE      2:00 PM

TSMF   2:30 PM

SERT      2:30 PM

TSPL      3:00 PM

AKDSL  3:00 PM

FEM      3:30 PM

SUHJ   3:30 PM

HCL     4:00 PM

ZAHID   4:00 PM

BRR      4:00 PM

SNAI      5:00 PM

FNBM    5:00 PM


Currency & Commodities

PKR/USD 284.68

Gold/USD 1,821.36/oz

Coal USD 123.80/ton

WTI USD 84.3/bbl

Cotton 17,700/maund

Comments

Post a Comment

Popular posts from this blog

Pakistan#Stock#Exchange

 Morning News (13th Oct'23) Politics & Economy 1. IMF’s Fiscal Monitor report https://epaper.brecorder.com/2023/10/13/1-page/974212-news.html Neutral 2. SIFC body seeks ‘Merit Order’ for gas supply https://epaper.brecorder.com/2023/10/13/1-page/974213-news.html Neutral 3. PC moves to quicken SOEs’ sell-off process https://epaper.brecorder.com/2023/10/13/1-page/974214-news.html Neutral 4. Minister says work on CPEC expedited https://epaper.brecorder.com/2023/10/13/12-page/974300-news.html Neutral 5. SECP registers 2,477 new companies in Sept https://www.thenews.com.pk/print/1118689-secp-registers-2-477-new-companies-in-sept Neutral 6. Govt defers privatization of two LNG power plants https://www.thenews.com.pk/print/1118638-govt-defers-privatization-of-two-lng-power-plants Neutral 7. KATI demands release of subsidies https://www.thenews.com.pk/print/1118696-kati-demands-release-of-subsidies Neutral Sector & Company Related 8. Master Changan Pakistan exports ...
Read more

Pakistan#Stock#Exchange

Government of Pakistan Finance Division   Federal Minister for Finance, Revenue, and Economic Affairs Dr. Shamshad Akhtar presided over a meeting of the Economic Coordination Committee (ECC) of the Cabinet, today.  The meeting was attended by Minister for Commerce, Industries, & Production, Mr. Gohar Ijaz, Minister for Communications, Railways, & Maritime Affairs, Mr. Shahid Ashraf Tarar, Minister for Power & Petroleum, Mr. Muhammad Ali, Minister for IT & Telecom, Dr Umar Saif, Advisor to PM on Finance, Dr. Waqar Masood, Chairman SECP, Federal Secretaries, and other senior government officials of the relevant ministries. The meeting discussed and reviewed the performance and trends of key economic indicators including CPI of various essential items presented by Ministry of Planning, Development, and Special Initiatives. The meeting decided to constitute a Core group comprising Secretary Planning, Commerce, Food Security and Industry with the mandate to presen...
Read more

Pakistan#Stock#Exchange

  Morning News (9th Oct'23) Politics & Economy 1. IMF, World Bank meetings: Shamshad-led team leaves for Morocco https://www.brecorder.com/news/40267124/imf-world-bank-meetings-shamshad-led-team-leaves-for-morocco Neutral 2. SIFC seeks information from govts https://epaper.brecorder.com/2023/10/07/1-page/973686-news.html Neutral 3. Package for industry on the cards https://epaper.brecorder.com/2023/10/09/1-page/973835-news.html Neutral 4. SME Bank may stay as SIFC seeks a reactivation plan https://epaper.brecorder.com/2023/10/09/1-page/973828-news.html Neutral 5. SECP issues warning against illegal investment scheme https://www.dawn.com/news/1779950/secp-issues-warning-against-illegal-investment-scheme Neutral 6. Surge in Afghan transit cargo raises smuggling concerns https://www.dawn.com/news/1779952/surge-in-afghan-transit-cargo-raises-smuggling-concerns Neutral 7. Actions to continue with full force: COAS https://epaper.brecorder.com/2023/10/07/1-page/973684-n...
Read more