News Highlights Friday, September 13, 2024

Policy rate cut yet again as inflation cools – Positive
https://epaper.brecorder.com/2024/09/13/1-page/1007173-news.html

$7bn EFF on Sep 25 agenda of IMF EB – Neutral
https://epaper.brecorder.com/2024/09/13/1-page/1007174-news.html

All matters with IMF resolved: finance minister – Neutral
https://www.brecorder.com/news/40322226/all-matters-with-imf-resolved-finance-minister

Govt looking to raise Rs650bn through ‘mini-budget’ – Negative
https://www.thenews.com.pk/print/1229917-govt-looking-to-raise-rs650bn-through-mini-budget

Forex reserves rise to $9.47bn – Neutral
https://www.brecorder.com/news/40322236/forex-reserves-rise-to-947bn

Petrol price likely to be slashed by Rs12 – Neutral
https://tribune.com.pk/story/2495774/petrol-price-likely-to-be-slashed-by-rs12

Ogra reduces RLNG price for SNGPL, SSGC – Positive
https://epaper.brecorder.com/2024/09/13/2-page/1007181-news.html

Power distribution; ADB willing to double loan amount – Positive
https://epaper.brecorder.com/2024/09/13/12-page/1007306-news.html

DISCOs losses remained at 16% in last fiscal – Neutral
https://tribune.com.pk/story/2495777/discos-losses-remained-at-16-in-last-fiscal

Costly electricity; IPPs’ capacity charges not the sole factor: experts – Neutral
https://epaper.brecorder.com/2024/09/13/12-page/1007308-news.html

Capacity charges: 33 IPPs were paid Rs979.3bn in FY24 – Neutral
https://epaper.brecorder.com/2024/09/13/12-page/1007309-news.html

Cabinet approves accessing 50pc cargo through Gwadar Port – Neutral
https://www.thenews.com.pk/print/1229918-cabinet-approves-accessing-50pc-cargo-through-gwadar-port

Pak, Russia sign MoU for agricultural cooperation – Positive
https://tribune.com.pk/story/2495712/pak-russia-sign-mou-for-agricultural-cooperation

Malaysian PM Anwar Ibrahim likely to visit Pakistan next month – Neutral
https://tribune.com.pk/story/2495672/malaysian-pm-anwar-ibrahim-likely-to-visit-pakistan-next-month

SECP registers highest number of companies in August – Neutral
https://profit.pakistantoday.com.pk/2024/09/12/secp-registers-highest-number-of-companies-in-august/

KP CM discusses ‘regional peace’ with Afghan diplomat
https://www.thenews.com.pk/print/1229929-kp-cm-discusses-regional-peace-with-afghan-diplomat

Oil prices extend recovery rally to cap volatile week
https://www.reuters.com/business/energy/oil-prices-extend-recovery-rally-cap-volatile-week-2024-09-13/