External debt obligations; New govt will have to introduce long-term financing plan: Moody’s – Neutral
https://epaper.brecorder.com/2024/02/10/1-page/984728-news.html
IMF mission visit linked to new govt formation – Neutral
https://www.thenews.com.pk/print/1156829-imf-mission-visit-linked-to-new-govt-formation
PRR project; World Bank accepts govt request – Neutral
https://epaper.brecorder.com/2024/02/11/1-page/984789-news.html
New govt to ink loan accord with China for ML-1 – Neutral
https://www.dawn.com/news/1813194/new-govt-to-ink-loan-accord-with-china-for-ml-1
Uptick in FDI reflects govt’s commitment to economic reforms – Neutral
https://www.nation.com.pk/10-Feb-2024/uptick-in-fdi-reflects-govt-s-commitment-to-economic-reforms
Sovereign dollar bonds tumble further amid election uncertainty: tradeweb – Negative
https://epaper.brecorder.com/2024/02/10/1-page/984730-news.html
Pakistan may face more economic misery if election result unclear – Neutral
https://www.thenews.com.pk/print/1156403-pakistan-may-face-more-economic-misery-if-election-result-unclear
PDM economic management led to sharp rise in per capita debt – Negative
https://tribune.com.pk/story/2456064/pdm-economic-management-led-to-sharp-rise-in-per-capita-debt
Forex reserves fall by $165m – Neutral
https://epaper.brecorder.com/2024/02/10/8-page/984779-news.html
Election split tests rupee, but exporters cushion the blow – Neutral
https://www.thenews.com.pk/print/1156406-election-split-tests-rupee-but-exporters-cushion-the-blow
Govt plans special audits of SOEs on IMF advice – Neutral
https://www.dawn.com/news/1812937/govt-plans-special-audits-of-soes-on-imf-advice
Diesel sales fall on price fears, smuggled Iranian fuel – Negative
https://www.thenews.com.pk/print/1156094-diesel-sales-fall-on-price-fears-smuggled-iranian-fuel
Legal opinion sought on transfer of OGDCL shares held with PC – Neutral
https://epaper.brecorder.com/2024/02/12/1-page/984858-news.html
Changes to Electricity Act sought – Positive
https://tribune.com.pk/story/2455964/changes-to-electricity-act-sought
KE seeks PD’s support for early approval of Indicative Generation Plan – Neutral
https://epaper.brecorder.com/2024/02/11/1-page/984801-news.html
Cayman court upholds enforcement in fight over KE – Neutral
https://www.thenews.com.pk/print/1156564-cayman-court-upholds-enforcement-in-fight-over-ke
300MW category–III wind project; SIFC EC directs PPIB to conduct bidding process – Neutral
https://epaper.brecorder.com/2024/02/10/1-page/984727-news.html
Auto industry seeks growth via diversification – Neutral
https://tribune.com.pk/story/2455974/auto-industry-seeks-growth-via-diversification
Selling imported urea thru local firms
https://epaper.brecorder.com/2024/02/12/1-page/984857-news.html
Exports to 9 regional countries jump 18pc – Positive
https://www.dawn.com/news/1812936/exports-to-9-regional-countries-jump-18pc
Poultry industry sees 40% decline – Negative
https://tribune.com.pk/story/2456065/poultry-industry-sees-40-decline
Pakistani businesses opt for Dubai amid uncertainty – Neutral
https://www.dawn.com/news/1813198/pakistani-businesses-opt-for-dubai-amid-uncertainty
eFBR portal to be used; FMCG supply chain required to register systems – Neutral
https://epaper.brecorder.com/2024/02/11/1-page/984792-news.html
‘Independents’ bag 101, PML-N gets 75 seats
https://epaper.brecorder.com/2024/02/12/1-page/984865-news.html
Protests across country against alleged ‘election rigging’ escalate
https://www.dawn.com/news/1813441/protests-across-country-against-alleged-election-rigging-escalate
Imran, Qureshi get bail in May 9 cases
https://www.thenews.com.pk/print/1156562-imran-qureshi-get-bail-in-may-9-cases
US, UK and EU urge probe into elections
https://epaper.brecorder.com/2024/02/11/1-page/984795-news.html
Global transport of goods; Red Sea crisis causing severe disruptions
https://epaper.brecorder.com/2024/02/12/1-page/984855-news.html
Oil starts week lower after Israel says ‘concluded’ Gaza strikes
https://www.reuters.com/markets/commodities/oil-starts-week-lower-after-israel-says-concluded-gaza-strikes-2024-02-12/
Aussie Bonds Fall Before US CPI Amid Asia Holidays: Markets Wrap
https://www.bloomberg.com/news/articles/2024-02-11/australian-bonds-fall-ahead-of-us-inflation-data-markets-wrap?srnd=premium-asia
Exchange Rates:
| WTI (Nymex) | 76.47 USD/bbl |
| BRENT (ICE) | 81.85 USD/bbl |
| ARAB LIGHT | 81.79 USD/bbl |
| R BAY COAL | 92.50 USD/TON |
| USDPKR | 279.28 |