News Highlights Tuesday, November 19, 2024

IMF detects flaws in making, execution of FY23 budget – Neutral
https://www.thenews.com.pk/print/1252576-imf-detects-flaws-in-making-execution-of-fy23-budget

Interest costs to eat up 40pc of 2025 budget: Moody’s – Negative
https://epaper.brecorder.com/2024/11/19/1-page/1016198-news.html

Jul-Oct FDI up 32pc to $904.3m YoY – Positive
https://epaper.brecorder.com/2024/11/19/1-page/1016200-news.html

RDA attracts $8.95bn – Positive
https://www.thenews.com.pk/print/1252387-rda-attracts-8-95bn

Current account surplus hits $349m – Positive
https://tribune.com.pk/story/2510477/current-account-surplus-hits-349m

Bilateral trade with US exceeds $6.5bn: minister – Positive
https://epaper.brecorder.com/2024/11/19/12-page/1016339-news.html

EU firms’ concerns; MoC takes other ministries on board – Neutral
https://epaper.brecorder.com/2024/11/19/1-page/1016196-news.html

CCP okays acquisition of 50pc shareholding in TPPL by Aquashore SA – Neutral
https://epaper.brecorder.com/2024/11/19/12-page/1016336-news.html

BYD achieves significant milestone – Positive
https://epaper.brecorder.com/2024/11/19/7-page/1016255-news.html

Power generation rises by 7pc in Oct YoY – Positive
https://www.thenews.com.pk/print/1252388-power-generation-rises-by-7pc-in-oct-yoy

Govt seeks IMF nod for Rs26bn tax exemption to privatise PIA – Neutral
https://www.thenews.com.pk/print/1252579-govt-seeks-imf-nod-for-rs26bn-tax-exemption-to-privatise-pia

PIA sell-off; FA fees cost kitty Rs1.95bn – Neutral
https://epaper.brecorder.com/2024/11/19/1-page/1016201-news.html

ICT services export soars 35% – Positive
https://tribune.com.pk/story/2510478/ict-services-export-soars-35

Food exports grow 22pc in July-October – Positive
https://www.dawn.com/news/1873382/food-exports-grow-22pc-in-july-october

Shareholders inject $10m equity investment into TMB – Neutral
https://epaper.brecorder.com/2024/11/19/12-page/1016337-news.html

Thousands of containers stuck at port due to rule changes – Negative
https://tribune.com.pk/story/2510480/thousands-of-containers-stuck-at-port-due-to-rule-changes

Country set to face sharp decline in cotton harvest – Negative
https://www.thenews.com.pk/print/1252386-country-set-to-face-sharp-decline-in-cotton-harvest

Banks to fund EVs, efficient homes and SMEs – Neutral
https://www.dawn.com/news/1873374/banks-to-fund-evs-efficient-homes-and-smes

Unregistered VPNs won’t work after Nov 30, says PTA chief – Negative
https://www.dawn.com/news/1873356/unregistered-vpns-wont-work-after-nov-30-says-pta-chief

High-level contact established between PTI, govt
https://www.thenews.com.pk/print/1252445-high-level-contact-established-between-pti-govt

Oil prices ease, but caution prevails over Russia-Ukraine war
https://www.reuters.com/business/energy/oil-prices-ease-caution-prevails-over-russia-ukraine-war-2024-11-19/

Asian Stocks Rise, Following Gains in US Equities: Markets Wrap
https://www.bloomberg.com/news/articles/2024-11-18/stock-market-today-dow-s-p-live-updates?srnd=phx-markets