News Highlight Wednesday, February 28, 2024

Moody’s explains how rating upgrade can be achieved – Neutral
https://epaper.brecorder.com/2024/02/28/1-page/986351-news.html

Repatriation of profit surges to $694m in 7MFY24 – Neutral
https://mettisglobal.news/repatriation-of-profit-surges-to-694m-in-7mfy24/

Govt retires Rs162.9bn debt in a week – Neutral
https://mettisglobal.news/govt-retires-rs162-9bn-debt-in-a-week/

Petrol prices may be hiked by Rs3.50 – Neutral
https://epaper.brecorder.com/2024/02/28/14-page/986434-news.html

Nepra, Ogra laws to be amended – Neutral
https://epaper.brecorder.com/2024/02/28/1-page/986357-news.html

Energy sector revolving debt has reached Rs5,422bn: minister – Negative
https://epaper.brecorder.com/2024/02/28/1-page/986359-news.html

Bank profits surge 83pc in 2023 – Positive
https://www.dawn.com/news/1817684/bank-profits-surge-83pc-in-2023

Large steel sector’s value chain; EDB to furnish report on energy costs in coordination with ministries – Neutral
https://epaper.brecorder.com/2024/02/28/1-page/986360-news.html

Ban on vehicles, machinery, equipment buying imposed – Neutral
https://epaper.brecorder.com/2024/02/28/1-page/986355-news.html

Exports to Europe fall 8pc despite GSP+ status – Negative
https://www.dawn.com/news/1817687/exports-to-europe-fall-8pc-despite-gsp-status

Coalition to hammer out govt formation issues today
https://www.dawn.com/news/1817681/coalition-to-hammer-out-govt-formation-issues-today

Oil Declines with US Stockpiles and OPEC+ Supply Policy In Focus
https://www.bloomberg.com/news/articles/2024-02-27/latest-oil-market-news-and-analysis-for-feb-28

Asia Stocks Muted, Kiwi Drops on Inflation Outlook: Markets Wrap
https://www.bloomberg.com/news/articles/2024-02-27/stock-market-today-dow-s-p-live-updates