News Highlights Friday, August 02, 2024

IMF to approve $7bn EFF by end of month: Aurangzeb – Neutral
https://epaper.brecorder.com/2024/08/02/1-page/1001471-news.html

Five Chinese firms bid to help with Panda Bond issuance – Neutral
https://www.brecorder.com/news/40315585/five-chinese-firms-bid-to-help-with-panda-bond-issuance

Pakistan has taken $31.1bn from IMF since 1958 – Neutral
https://www.thenews.com.pk/print/1215782-pakistan-has-taken-31-1bn-from-imf-since-1958

Interest worth SDR 2.815bn paid to IMF since 1984 – Neutral
https://epaper.brecorder.com/2024/08/02/12-page/1001623-news.html

SBP forex reserves rise by $75m to $9.1bn – Neutral
https://www.thenews.com.pk/print/1215644-sbp-forex-reserves-rise-by-75m-to-9-1bn

July trade deficit surges 19.7pc to $1.95bn YoY – Negative
https://www.brecorder.com/news/40315584/july-trade-deficit-surges-197pc-to-195bn-yoy

CPI inflation clocks in at 11.1pc in July – Neutral
https://epaper.brecorder.com/2024/08/02/12-page/1001624-news.html

Petroleum sales plunge 11pc in July – Negative
https://www.thenews.com.pk/print/1215643-petroleum-sales-plunge-11pc-in-july

FY25 sell-off plan likely to be approved today – Neutral
https://epaper.brecorder.com/2024/08/02/1-page/1001465-news.html

HSD and petrol; FD allows PSO to make exchange rate adjustment – Neutral
https://epaper.brecorder.com/2024/08/02/12-page/1001607-news.html

Discos: Tarar says govt has embarked on sell-off plan – Neutral
https://epaper.brecorder.com/2024/08/02/1-page/1001461-news.html

Bank financing; Risk coverage scheme for SMEs approved – Neutral
https://epaper.brecorder.com/2024/08/02/1-page/1001456-news.html

Imprest money; Govt weighs debit card against credit card for PSEs – Neutral
https://epaper.brecorder.com/2024/08/02/1-page/1001469-news.html

MSCI QIR on 12th; Pakistan’s weight likely to increase to 4.7-4.8pc – Neutral
https://epaper.brecorder.com/2024/08/02/12-page/1001609-news.html

IPO very much on the cards, says Jazz CEO Aamir Ibrahim – Neutral
https://epaper.brecorder.com/2024/08/02/4-page/1001499-news.html

Dues recovery from telecom companies in the doldrums – Neutral
https://www.thenews.com.pk/print/1215784-dues-recovery-from-telecom-companies-in-the-doldrums

Grand opposition alliance in two weeks: PTI
https://www.thenews.com.pk/print/1215789-grand-opposition-alliance-in-two-weeks-pti

Oil prices rise but head for fourth week in red on demand concerns
https://www.investing.com/news/commodities-news/oil-prices-rise-but-head-for-fourth-week-in-red-on-demand-concerns-3551070