News Highlights Friday, November 08, 2024

Govt seeks to negotiate loan terms – Neutral
https://tribune.com.pk/story/2508157/govt-seeks-to-negotiate-loan-terms

Govt to raise Rs8.7tr debt to pay maturing loans – Negative
https://tribune.com.pk/story/2508161/govt-to-raise-rs87tr-debt-to-pay-maturing-loans

Tax-to-GDP ratio drastically down in 2023-24 – Negative
https://epaper.brecorder.com/2024/11/08/1-page/1014783-news.html

Tax collection decreases 21.5pc in 2023-24 – negative
https://epaper.brecorder.com/2024/11/08/1-page/1014782-news.html

15 sectors contribute 62.4pc of domestic ST revenue – Neutral
https://epaper.brecorder.com/2024/11/08/1-page/1014784-news.html

Tax exemptions in FY24 amounted to Rs3.8trn: FBR – Neutral
https://epaper.brecorder.com/2024/11/08/1-page/1014781-news.html

SBP-held foreign exchange reserves increase $18mn, now stand at $11.17bn – Neutral
https://www.brecorder.com/news/40331279/sbp-held-foreign-exchange-reserves-increase-18mn-now-stand-at-1117bn

Electricity prices likely to slash by Rs8 per unit – Neutral
https://tribune.com.pk/story/2508101/electricity-prices-likely-to-slash-by-rs8-per-unit

No gas for CPPs as per IMF terms – Negative
https://epaper.brecorder.com/2024/11/08/1-page/1014785-news.html

IPP claims contracts being negotiated ‘forcibly’ – Neutral
https://epaper.brecorder.com/2024/11/08/1-page/1014779-news.html

Overseas Pakistani entity offers over Rs125b for PIA acquisition – Positive
https://tribune.com.pk/story/2508078/overseas-pakistani-entity-offers-over-rs1-trillion-for-pia-acquisition

Ghani Chemical opens Pakistan’s largest 275 TPD capacity gasses plant – Positive
https://profit.pakistantoday.com.pk/2024/11/07/ghani-chemical-opens-pakistans-largest-275-tpd-capacity-gasses-plant/

PSMA seeks nod to export more sugar – Positive
https://epaper.brecorder.com/2024/11/08/12-page/1014894-news.html

$20.5m export deal fails to get nod – Negative
https://www.thenews.com.pk/print/1248564-20-5m-export-deal-fails-to-get-nod

With MSCI review, bulls drive PSX to record – Positive
https://tribune.com.pk/story/2508165/with-msci-review-bulls-drive-psx-to-record

Pakistan stresses ties with US based on ‘mutual respect, non-interference’
https://www.thenews.com.pk/latest/1248404-pakistan-stresses-ties-with-us-based-on-mutual-respect-non-interference

Imran foresees ‘positivity’ in Trump’s return to White House
https://www.thenews.com.pk/latest/1248306-imran-khan-foresees-positivity-in-donald-trumps-return-to-white-house

Oil prices tick lower but head for strong weekly gains
https://www.investing.com/news/commodities-news/oil-prices-tick-lower-but-head-for-strong-weekly-gains-3710508

Asian Stocks Follow US Rally After Fed Rate Cut: Markets Wrap
https://www.bloomberg.com/news/articles/2024-11-07/stock-market-today-dow-s-p-live-updates