News Highlight Thursday, May 30, 2024

Budgetary support; Govt borrowing rises 116pc – Negative
https://epaper.brecorder.com/2024/05/30/1-page/994229-news.html

Credit to private sector declines 39.7pc YoY – Negative
https://epaper.brecorder.com/2024/05/30/1-page/994226-news.html

Inflation to hover around 13.5pc – 14.5pc in May: report – Positive
https://epaper.brecorder.com/2024/05/30/1-page/994227-news.html

Petrol, diesel prices expected to further decline in Pakistan – Neutral
https://www.thenews.com.pk/latest/1194593-petrol-diesel-prices-expected-to-decline-in-pakistan

LPG price slashed by Rs70 per kg – Positive
https://profit.pakistantoday.com.pk/2024/05/29/lpg-price-slashed-by-rs70-per-kg/

Power Sector, MoF agrees to extend Rs1.094trn subsidy – Positive
https://epaper.brecorder.com/2024/05/30/1-page/994231-news.html

Millat Tractors celebrates historic export milestone – Positive
https://epaper.brecorder.com/2024/05/30/7-page/994278-news.html

The largest container vessel ever to berth in Pakistan – Neutral
https://epaper.brecorder.com/2024/05/30/12-page/994310-news.html

Pakistan ranked 101st out of 119 in WEF’s Travel and Tourism Development Index – Neutral
https://www.brecorder.com/news/40305654/pakistan-ranked-101st-out-of-119-in-wefs-travel-and-tourism-development-index

SC takes exception to UK envoy’s remarks on Feb 8 polls
https://www.thenews.com.pk/print/1194789-hc-s-criticism-of-feb-8-polls-uk-must-learn-from-past-mistakes-move-on-sc

Oil prices ease on US gasoline demand worries, economic data
https://www.reuters.com/business/energy/oil-rises-major-producers-expected-keep-output-cuts-place-2024-05-29/

Asian Stocks Track US Peers Lower as Yields Climb: Markets Wrap
https://www.bloomberg.com/news/articles/2024-05-29/stock-market-today-dow-s-p-live-updates?srnd=markets-vp