Pakistan downgraded to ‘authoritarian regime’ – Negative
https://tribune.com.pk/story/2456576/pakistan-downgraded-to-authoritarian-regime
Moody’s downgrades Pakistan’s credit outlook to negative due to political uncertainty – Negative
https://minutemirror.com.pk/moodys-downgrades-pakistans-credit-outlook-to-negative-due-to-political-uncertainty-188082/
LSM attains negative growth in 1H – Negative
https://epaper.brecorder.com/2024/02/16/1-page/985285-news.html
Forex reserves rise by $52m in a week – Neutral
https://epaper.brecorder.com/2024/02/16/12-page/985360-news.html
Price of diesel hiked by Rs8.37, petrol’s by Rs2.73 – Negative
https://epaper.brecorder.com/2024/02/16/1-page/985283-news.html
Ogra cuts rates of imported RLNG – Positive
https://epaper.brecorder.com/2024/02/16/12-page/985363-news.html
Cabinet ratifies ECC decision on gas tariffs – Positive
https://epaper.brecorder.com/2024/02/16/1-page/985280-news.html
Unprotected gas consumers to bear the brunt – Negative
https://epaper.brecorder.com/2024/02/16/1-page/985284-news.html
Aramco refinery likely to be included in CPEC framework – Neutral
https://epaper.brecorder.com/2024/02/16/1-page/985288-news.html
HTL gets more time to set up OMC as OGRA extends license – Neutral
https://mettisglobal.news/htl-gets-more-time-to-set-up-omc-as-ogra-extends-license/
PPIB urges SBP to clear $789m ‘dues’ of IPPs – Negative
https://epaper.brecorder.com/2024/02/16/1-page/985287-news.html
Sazgar Engineering launches its first electric vehicle – Positive
https://profit.pakistantoday.com.pk/2024/02/15/sazgar-engineering-launches-its-first-electric-vehicle/
Car prices in Pakistan likely to go up by 25pc sales tax – Neutral
https://www.nation.com.pk/15-Feb-2024/car-prices-ikely-to-go-up-as-ecc-okays-25pc-sales-tax
CCP allows Lucky Cement, Fatima Fertilizer to acquire 67% stake in National Resources – Positive
https://www.brecorder.com/news/40289017/ccp-allows-lucky-cement-fatima-fertilizer-to-acquire-67-stake-in-national-resources
Auto loans fall for 18th month as interest rates bite – Negative
https://www.thenews.com.pk/print/1157997-auto-loans-fall-for-18th-month-as-interest-rates-bite
FBR delays issuance of three key notifications – Neutral
https://epaper.brecorder.com/2024/02/16/1-page/985281-news.html
NA can meet any time after Feb 21: minister
https://tribune.com.pk/story/2456529/na-can-meet-any-time-after-feb-21-minister
PTI to stage ‘peaceful’ protests on Feb 17 against ‘rigged polls’
https://www.thenews.com.pk/latest/1157944-pti-to-stage-peaceful-protests-on-feb-17-against-rigged-polls
Asia Shares to Climb After Another S&P 500 Record: Markets Wrap
https://www.bloomberg.com/news/articles/2024-02-15/stock-market-today-dow-s-p-live-updates?srnd=premium
Oil rises over 1% after U.S. data weighs on dollar
https://www.reuters.com/markets/commodities/oil-slips-after-large-us-crude-stock-build-2024-02-15/
Exchange Rates:
| WTI (Nymex) | 78.10 USD/bbl |
| BRENT (ICE) | 82.86 USD/bbl |
| ARAB LIGHT | 81.83 USD/bbl |
| R BAY COAL | 91.80 USD/TON |
| USDPKR | 279.38 |