IMF Has No Interest in Negotiating with Caretaker Govt For Final Tranche of $1.1 Billion – Neutral
https://propakistani.pk/2024/02/12/imf-has-no-interest-in-negotiating-with-caretaker-govt-for-final-tranche-of-1-1-billion/
PM says IMF has no issue with sell-off process – Neutral
https://epaper.brecorder.com/2024/02/13/1-page/984954-news.html
IMF not onboard with energy ministry’s tariff rationalisation, circular debt management plans – Negative
https://www.brecorder.com/news/40288470/imf-not-onboard-with-energy-ministrys-tariff-rationalisation-circular-debt-management-plans
Jan remittances up 0.6pc to $2.397bn MoM – Neutral
https://epaper.brecorder.com/2024/02/13/1-page/984956-news.html
H1 debt stocks jump 7.14pc to Rs65.188trn YoY – Negative
https://epaper.brecorder.com/2024/02/13/1-page/984957-news.html
Spot LNG; PD shares price forecast with gas utilities, NTDC and CPPA-G – Neutral
https://epaper.brecorder.com/2024/02/13/1-page/984951-news.html
Sazgar’s auto rickshaw sales surge to 2,229 units in January – Positive
https://mettisglobal.news/sazgars-auto-rickshaw-sale-surges-to-2229-units-in-january/
PSMC shareholders resolve to authorise SMC Japan to repurchase stakes – Neutral
https://epaper.brecorder.com/2024/02/13/12-page/985045-news.html
Ghani Chemicals to expand into power generation, gas business – Positive
https://mettisglobal.news/ghani-chemicals-to-expand-into-power-generation-gas-business/
China remains Pakistan’s top trade partner amid falling exports to US and EU – Positive
https://www.thenews.com.pk/print/1157049-china-remains-pakistan-s-top-trade-partner-amid-falling-exports-to-us-and-eu
Political uncertainty persists
https://epaper.brecorder.com/2024/02/13/1-page/984948-news.html
After Pakistan’s shocking election result, all eyes are on the generals
https://www.washingtonpost.com/world/2024/02/12/pakistan-generals-elections-imran-khan/
Pakistan Parties’ Coalition Talks Hit Snag Over Who Becomes PM
https://www.bloomberg.com/news/articles/2024-02-13/pakistan-parties-coalition-talks-hit-snag-over-who-becomes-pm?srnd=premium-asia
Oil Steadies Ahead of OPEC Market Outlook with War Risks In View
https://www.bloomberg.com/news/articles/2024-02-12/latest-oil-market-news-and-analysis-for-feb-13
Exchange Rates:
| WTI (Nymex) | 76.99 USD/bbl |
| BRENT (ICE) | 82.02 USD/bbl |
| ARAB LIGHT | 81.79 USD/bbl |
| R BAY COAL | 92.25 USD/TON |
| USDPKR | 279.33 |