News Highlights Friday, May 9, 2025

India to put forward position at next IMF board meeting – Neutral
https://epaper.brecorder.com/2025/05/09/1-page/1048907-news.html

IMF board meeting: First review, $1.3bn new deal on the table today – Positive
https://www.brecorder.com/news/40361818/imf-board-meeting-first-review-13bn-new-deal-on-the-table-today

Rising Pakistan-India tensions prompt global warnings on economic stability – Negative
https://profit.pakistantoday.com.pk/2025/05/08/rising-pakistan-india-tensions-prompt-global-warnings-on-economic-stability/

Ministry seeks Rs1.6trn PSDP: FY26 budget on June 2 – Positive
https://www.brecorder.com/news/40361825/ministry-seeks-rs16trn-psdp-fy26-budget-on-june-2

FBR considers raising GST rates on essential items for 2025-26 budget: report – Neutral
https://profit.pakistantoday.com.pk/2025/05/08/fbr-considers-raising-gst-rates-on-essential-items-for-2025-26-budget-report/

EU-Pakistan Forum put on hold – Neutral
https://www.brecorder.com/news/40361826/eu-pakistan-forum-put-on-hold

FBR issues SRO to amend Income Tax Rules 2002 – Neutral
https://www.brecorder.com/news/40361824/fbr-issues-sro-to-amend-income-tax-rules-2002

Imports & exports: Leading shipping co imposes war risk surcharge – Negative
https://www.brecorder.com/news/40361817/imports-exports-leading-shipping-co-imposes-war-risk-surcharge

SBP reserves gain momentum with $118m weekly rise – Positive
https://profit.pakistantoday.com.pk/2025/05/08/sbp-reserves-gain-momentum-with-118m-weekly-rise/

FFC acquires 37.36% stake in Agritech Limited – Neutral
https://mettisglobal.news/ffc-acquires-37-36-stake-in-agritech-limited/

Oil industry ensures uninterrupted supply amid tensions with India – Neutral
https://profit.pakistantoday.com.pk/2025/05/08/sbp-reserves-gain-momentum-with-118m-weekly-rise/

Cherat Cement, Shirazi Investments intend to acquire 75.69% shares of Rafhan Maize Products – Neutral
https://profit.pakistantoday.com.pk/2025/05/08/cherat-cement-shirazi-investments-intend-to-acquire-75-69-shares-of-rafhan-maize-products/

Olympia Mills Board decides to halt proposed project – Neutral
https://mettisglobal.news/olympia-mills-board-decides-to-halt-proposed-project/

Govt, KCCI hold key talks on Karachi’s industrial woes – Neutral
https://mettisglobal.news/govt-kcci-hold-key-talks-on-karachis-industrial-woes/

Asian Stocks Rise on Optimism About Trade Talks: Markets Wrap
https://www.bloomberg.com/news/articles/2025-05-08/stock-market-today-dow-s-p-live-updates?srnd=phx-markets

Oil Holds Gain With Focus on US-China Trade Talks After UK Deal
https://www.bloomberg.com/news/articles/2025-05-08/latest-oil-market-news-and-analysis-for-may-8?srnd=phx-markets