More stable govt can attract external financing: S&P – Neutral
https://epaper.brecorder.com/2024/02/07/1-page/984488-news.html
Auction for MTBs; Govt raises only Rs64bn against Rs480bn target – Neutral
https://epaper.brecorder.com/2024/02/07/12-page/984572-news.html
Exports of services shrink in December – Neutral
https://www.dawn.com/news/1811806/exports-of-services-shrink-in-december
Ogra allows second gas price hike of year – Positive
https://epaper.brecorder.com/2024/02/07/1-page/984486-news.html
‘Sui ML’ between B’stan govt and PPL to be renewed – Positive
https://epaper.brecorder.com/2024/02/07/1-page/984487-news.html
Capital contribution in BLZ project; PPL BoD approves funding of GoB’s share – Positive
https://epaper.brecorder.com/2024/02/07/12-page/984563-news.html
Fuel oil exports dry up in Jan as power plants boost consumption – Negative
https://www.thenews.com.pk/print/1155180-fuel-oil-exports-dry-up-in-jan-as-power-plants-boost-consumption
CCoE approves amendments to refineries policy – Positive
https://epaper.brecorder.com/2024/02/07/1-page/984481-news.html
PIA restructuring, FWBL sell-off plans approved – Positive
https://epaper.brecorder.com/2024/02/07/1-page/984485-news.html
(MRTs)/(MRCs), GMs; HBL delineates deferred compensation policy – Neutral
https://epaper.brecorder.com/2024/02/07/12-page/984570-news.html
Cabinet approves drug price deregulation – Neutral
https://tribune.com.pk/story/2455673/cabinet-approves-drug-price-deregulation
Sindh, Balochistan; MoC seeks MoF’s support for recovery of urea subsidy share – Neutral
https://epaper.brecorder.com/2024/02/07/1-page/984482-news.html
MoC takes major step to help protect local industry – Neutral
https://epaper.brecorder.com/2024/02/07/12-page/984571-news.html
Electioneering ends
https://epaper.brecorder.com/2024/02/07/1-page/984476-news.html
Govt to suspend internet on Feb 8 if any request made by district, province
https://www.thenews.com.pk/latest/1155113-govt-to-suspend-internet-on-feb-8-if-any-request-made-by-district-province
Oil edges up on smaller US output growth estimates
https://www.reuters.com/markets/commodities/oil-edges-up-smaller-us-output-growth-estimates-2024-02-07/
Asia Stocks Climb With Focus on Beijing’s Support: Markets Wrap
https://www.bloomberg.com/news/articles/2024-02-06/stock-market-today-dow-s-p-live-updates?srnd=premium-asia
Exchange Rates:
| WTI (Nymex) | 72.63 USD/bbl |
| BRENT (ICE) | 78.89 USD/bbl |
| ARAB LIGHT | 78.87 USD/bbl |
| R BAY COAL | 92.25 USD/TON |
| USDPKR | 279.42 |