News Highlights Friday, November 22, 2024

SBP-held foreign exchange reserves increase $29mn, now stand at $11.29bn – Positive
https://www.brecorder.com/news/40333787/sbp-held-foreign-exchange-reserves-increase-29mn-now-stand-at-1129bn

High tax rates hinder investment, says Swedish envoy – Negative
https://www.dawn.com/news/1874009/high-tax-rates-hinder-investment-says-swedish-envoy

Outflows from T-bills surpass inflows – Negative
https://www.dawn.com/news/1874007/outflows-from-t-bills-surpass-inflows

Refinery upgrade jeopardised POL sales tax proposal rejected – Negative
https://www.thenews.com.pk/print/1253764-refinery-upgrade-jeopardised-pol-sales-tax-proposal-rejected

PM’s plants conversion claim not accepted; Phasing out gas, FO could save $3bn per year: China – Negative
https://epaper.brecorder.com/2024/11/22/1-page/1016667-news.html

Telenor, Orion Towers; CCP completes formalities of PTCL’s acquisition – Positive
https://epaper.brecorder.com/2024/11/22/12-page/1016788-news.html

Pakistan, Oman discuss collaboration in IT, telecom sectors – Neutral
https://profit.pakistantoday.com.pk/2024/11/21/pakistan-oman-discuss-collaboration-in-it-telecom-sectors/

Govt to import 3m bales of cotton from Kyrgyzstan – Neutral
https://epaper.brecorder.com/2024/11/22/12-page/1016789-news.html

Guarantees a must for transporters – Netural
https://tribune.com.pk/story/2511110/guarantees-a-must-for-transporters

EU carbon taxes threaten Pakistan’s exports, experts call for just energy transition – Negative
https://www.thenews.com.pk/print/1253585-eu-carbon-taxes-threaten-pakistan-s-exports-experts-call-for-just-energy-transition

Govt to ‘partially suspend’ internet, mobile services due to PTI protest – Negative
https://www.thenews.com.pk/latest/1253376-govt-to-partially-suspend-internet-mobile-services-due-to-nov-24-protest

IK assails govt for not releasing him
https://epaper.brecorder.com/2024/11/22/1-page/1016657-news.html

FO concerned over threat posed by terror groups operating from Afghan soil
https://www.dawn.com/news/1874030/fo-concerned-over-threat-posed-by-terror-groups-operating-from-afghan-soil

Oil rises as intensifying Ukraine war increases supply risk
https://www.reuters.com/business/energy/oil-rises-intensifying-ukraine-war-increases-supply-risk-2024-11-22/

Gold surges and euro sags as broader war risks rise
https://www.reuters.com/markets/global-markets-wrapup-1-2024-11-22/

Asian Stocks, Gold Gain After Wall Street Rises: Markets Wrap
https://www.bloomberg.com/news/articles/2024-11-21/stock-market-today-dow-s-p-live-updates?srnd=phx-markets