News Highlights Thursday, August 22, 2024

Talks with IMF moving in right direction: Aurangzeb – Neutral
https://epaper.brecorder.com/2024/08/22/1-page/1004222-news.html

Auction for T-bills; Rs397bn raised against Rs150bn target – Positive
https://epaper.brecorder.com/2024/08/22/12-page/1004311-news.html

PIA, Discos, Roosevelt Hotel; PC Board gives approval to appointment of FAs – Neutral
https://epaper.brecorder.com/2024/08/22/1-page/1004224-news.html

SBP to replace all currency notes by year-end, says governor – Neutral
https://tribune.com.pk/story/2489923/sbp-to-replace-all-currency-notes-by-year-end-says-governor

Threat of losing exports, FDI looms – Negative
https://tribune.com.pk/story/2489985/threat-of-losing-exports-fdi-looms

Tiered pricing system; Gas tariff hike spared 66pc of consumers: Musadik – Negation
https://epaper.brecorder.com/2024/08/22/1-page/1004218-news.html

Oct and Nov bills; KE allowed Rs5.76/unit positive adjustment – Positive
https://epaper.brecorder.com/2024/08/22/1-page/1004217-news.html

Rs151bn ‘irregular’ payment to KAPCO; CPPA-G seeks audit para settlement – Neutral
https://epaper.brecorder.com/2024/08/22/1-page/1004216-news.html

Crescent Steel to supply additional coated pipes for K-IV project – Positive
https://www.brecorder.com/news/40318603/crescent-steel-to-supply-additional-coated-pipes-for-k-iv-project

NRSP Microfinance Bank signs MoU with FFC – Neutral
https://epaper.brecorder.com/2024/08/22/4-page/1004261-news.html

PTA Chairman Reveals 5G Launch Date – Neutral
https://propakistani.pk/2024/08/21/pta-chairman-reveals-5g-launch-date/

PTI defies NOC revocation, vows to hold Islamabad rally despite security concerns
https://tribune.com.pk/story/2489902/pti-defies-noc-revocation-vows-to-hold-islamabad-rally-despite-security-concerns

Oil settles $1 down after US job data revised significantly lower
https://www.reuters.com/markets/commodities/oil-prices-down-swelling-us-crude-stocks-easing-middle-east-tensions-2024-08-21/

Asian Equities Climb Ahead of Central Bank Events: Markets Wrap
https://www.bloomberg.com/news/articles/2024-08-21/stock-market-today-dow-s-p-live-updates