Post-flood resilience; EU fulfils pledge of euro 100m additional grant – Positive
https://epaper.brecorder.com/2024/01/30/12-page/983877-news.html
Policy rate kept unchanged at 22pc on inflation – Neutral
https://epaper.brecorder.com/2024/01/30/1-page/983793-news.html
Six-month budget deficit soars to 2.3pc of GDP – Negative
The budget deficit during the first six months of the ongoing fiscal year increased to 2.3 percent of the GDP or Rs 2,407.768 billion despite provincial surplus of over Rs 289 billion. (BR)
https://epaper.brecorder.com/2024/01/30/1-page/983794-news.html
SBP to issue new notes – Negative
https://epaper.brecorder.com/2024/01/30/12-page/983875-news.html
Petrol price likely to increase from Feb 1 – Neutral
https://epaper.brecorder.com/2024/01/30/12-page/983874-news.html
CCoE set to approve revised ‘Brownfield Refinery Policy’ – Positive
https://epaper.brecorder.com/2024/01/30/12-page/983880-news.html
Third parties on commercial basis; CCI approves 25pc hike in sale price of gas – Negative
https://epaper.brecorder.com/2024/01/30/1-page/983796-news.html
Resurrecting dead IP gas pipeline project – Neutral
https://epaper.brecorder.com/2024/01/30/1-page/983800-news.html
SBP penalizes 10 banks for Rs465.08m over regulatory breaches – Negative
https://mettisglobal.news/sbp-penalizes-10-banks-for-rs465-08m-over-regulatory-breaches/
PTCL launches first neutral internet exchange powered by DE-CIX – Positive
https://epaper.brecorder.com/2024/01/30/4-page/983820-news.html
International Steels approves Rs1 bn solar power project – Positive
https://profit.pakistantoday.com.pk/2024/01/29/international-steels-approves-rs1-bn-solar-power-project/
JOPP to buy out minority shareholders, de-list from PSX – Neutral
https://www.thenews.com.pk/print/1152587-jopp-to-buy-out-minority-shareholders-de-list-from-psx
Fight against terrorism; Islamabad, Tehran agree on intelligence sharing
https://epaper.brecorder.com/2024/01/30/1-page/983801-news.html
Larger bench to hear appeals on military trials
https://www.dawn.com/news/1809677/larger-bench-to-hear-appeals-on-military-trials
Oil edges up as geopolitical concerns support prices
https://www.reuters.com/markets/commodities/oil-edges-up-geopolitical-concerns-support-prices-2024-01-30/
Exchange Rates:
| WTI (Nymex) | 77.05 USD/bbl |
| BRENT (ICE) | 82.76 USD/bbl |
| ARAB LIGHT | 83.93 USD/bbl |
| R BAY COAL | 92.50 USD/TON |
| USDPKR | 279.64 |