Fitch expects Pakistan to be dependent on successful IMF programme implementation – Neutral
https://www.thenews.com.pk/print/1151195-fitch-expects-pakistan-tobe-dependent-on-successful-imf-programme-implementation
Ready to upgrade CPEC, says Beijing – Positive
https://www.dawn.com/news/1808408/ready-to-upgrade-cpec-says-beijing
Govt bank borrowing triples to plug budget gap, debt payments – Negative
https://www.thenews.com.pk/print/1150993-govt-bank-borrowing-triples-to-plug-budget-gap-debt-payments
Debt servicing goes up by massive 74pc in 5MFY24 – Negative
https://www.thenews.com.pk/print/1151181-debt-servicing-goes-up-by-massive-74pc-in-5mfy24
Auction for MTBs; 62bps ‘surprise’ drop in cut-off yield – Neutral
https://epaper.brecorder.com/2024/01/25/1-page/983353-news.html
Govt picks Rs87bn thru Sukuk auction – Neutral
https://epaper.brecorder.com/2024/01/25/1-page/983363-news.html
SIFC EC reviews various policy-level initiatives – Neutral
https://www.brecorder.com/news/40285587/sifc-ec-reviews-various-policy-level-initiatives
Fuel prices set to rise as Middle East crisis boosts oil – Negative
https://www.thenews.com.pk/print/1150994-fuel-prices-set-to-rise-as-middle-east-crisis-boosts-oil
PSO faces acute liquidity crisis as Rs853bn receivables remain unpaid – Negative
https://www.thenews.com.pk/print/1151185-pso-faces-acute-liquidity-crisis-as-rs853bn-receivables-remain-unpaid
Petroleum concession deals, exploration licences signed – Positive
https://epaper.brecorder.com/2024/01/25/1-page/983364-news.html
Sale of natural gas; Ogra grants licence to SSGC’s subsidiary – Positive
https://epaper.brecorder.com/2024/01/25/12-page/983445-news.html
Ogra likely to give qualified fuel/CNG stations special permission – Neutral
https://epaper.brecorder.com/2024/01/25/4-page/983388-news.html
All industries: SSGC announces 48-hour gas holiday – Negative
https://epaper.brecorder.com/2024/01/25/4-page/983385-news.html
Energy sector; Major step taken towards reducing circular debt – Positive
https://epaper.brecorder.com/2024/01/25/1-page/983359-news.html
Solar PV projects under G2G mode; PM allows PD to seek approval of summary from Cabinet – Neutral
https://epaper.brecorder.com/2024/01/25/1-page/983360-news.html
Disco consumers; NTDC seeks Nepra’s help to recover Rs41.5bn – Neutral
https://epaper.brecorder.com/2024/01/25/1-page/983362-news.html
Getting power from Cat–III wind projects; KE links setting up of infrastructure to Nepra’s nod – Neutral
https://epaper.brecorder.com/2024/01/25/1-page/983361-news.html
Banking sector spread inches down by 1bps MoM in December – Neutral
https://mettisglobal.news/banking-sector-spread-inches-down-by-1bps-mom-in-december/
JDW Sugar Mills announces entire project land sale of paper pulp subsidiary – Neutral
https://profit.pakistantoday.com.pk/2024/01/24/jdw-sugar-mills-announces-entire-project-land-sale-of-paper-pulp-subsidiary/
SHC directs authorities to ensure uninterrupted internet till Feb 8
https://www.thenews.com.pk/latest/1150916-shc-directs-authorities-to-maintain-uninterrupted-internet-till-feb-8
Oil prices rise on big draw in US crude stocks, China stimulus hopes
https://www.reuters.com/markets/commodities/oil-prices-rise-big-draw-us-crude-stocks-china-stimulus-hopes-2024-01-25/
Asia Stocks Slip as China Stimulus Euphoria Fades: Markets Wrap
https://www.bloomberg.com/news/articles/2024-01-24/stock-market-today-dow-s-p-live-updates?srnd=premium
Exchange Rates:
| WTI (Nymex) | 75.31 USD/bbl |
| BRENT (ICE) | 80.25 USD/bbl |
| ARAB LIGHT | 80.21 USD/bbl |
| R BAY COAL | 95.15 USD/TON |
| USDPKR | 279.67 |