Trader’s Guide to Pakistan Elections Ahead of Crucial IMF Deal – Neutral
https://www.bloomberg.com/news/articles/2024-02-02/trader-s-guide-to-pakistan-elections-ahead-of-crucial-imf-deal?srnd=premium-asia
Exports jump 27 percent, trade gap shrinks by a third in January – Positive
https://www.thenews.com.pk/print/1153641-exports-jump-27-percent-trade-gap-shrinks-by-a-third-in-january
Kibor gains pace, chasing 22pc – Negative
https://www.dawn.com/news/1810506/kibor-gains-pace-chasing-22pc
Govt to borrow Rs3.2 trillion from banks in Feb-April to plug fiscal gap – Negative
https://www.thenews.com.pk/print/1153642-govt-to-borrow-rs3-2-trillion-from-banks-in-feb-april-to-plug-fiscal-gap
Jan CPI inflation soars to 28.3pc YoY – Neutral
https://epaper.brecorder.com/2024/02/02/1-page/984103-news.html
Forex reserves decline $79m – Negative
https://epaper.brecorder.com/2024/02/02/12-page/984187-news.html
MPCL successfully drills well in Mari Deep Goru-B formation – Positive
https://epaper.brecorder.com/2024/02/02/2-page/984116-news.html
Kohat Cement successfully concludes BMR for 6,700 TPD production line – Positive
https://mettisglobal.news/kohat-cement-successfully-concludes-bmr-for-6700-tpd-production-line/
Hike in 146 drug prices allowed – Negative
https://epaper.brecorder.com/2024/02/02/1-page/984102-news.html
Industrial tariff revision; Parleys with IMF in a day or two – Neutral
https://epaper.brecorder.com/2024/02/02/1-page/984104-news.html
Senate panel approves ban on export of minerals – Neutral
https://epaper.brecorder.com/2024/02/02/1-page/984097-news.html
ECP vows to hold polls on Feb 8 despite security challenges
https://www.thenews.com.pk/print/1153833-ecp-vows-to-hold-polls-on-feb-8-despite-security-challenges
Asia Shares Rise, Tech Results Impress Before Jobs: Markets Wrap
https://www.bloomberg.com/news/articles/2024-02-01/stock-market-today-dow-s-p-live-updates
Crude oil settles at $73.82
https://www.forexlive.com/news/crude-oil-settles-at-7382-20240201/
Exchange Rates:
| WTI (Nymex) | 74.25 USD/bbl |
| BRENT (ICE) | 79.23 USD/bbl |
| ARAB LIGHT | 81.40 USD/bbl |
| R BAY COAL | 93.50 USD/TON |
| USDPKR | 279.48 |