News Highlights Tuesday, July 23, 2024

Pakistan not yet on agenda of IMF meetings – Neutral
https://www.brecorder.com/news/40313905/pakistan-not-yet-on-agenda-of-imf-meetings

Fitch Ratings told: Over 0.15m retailers registered as new taxpayers: Aurangzeb – Neutral
https://www.brecorder.com/news/40313918/fitch-ratings-told-over-015m-retailers-registered-as-new-taxpayers-aurangzeb

US firm hired to boost investment – Neutral
https://www.dawn.com/news/1847439/us-firm-hired-to-boost-investment

Analysts pin hopes on SBP rate cut as inflation slows – Neutral
https://www.thenews.com.pk/print/1212315-analysts-pin-hopes-on-sbp-rate-cut-as-inflation-slows

FY24 power generation drops 2pc YoY – Negative
https://www.brecorder.com/news/40313921/fy24-power-generation-drops-2pc-yoy

Chinese co lodges complaint against SBP – Neutral
https://www.brecorder.com/news/40313928/chinese-co-lodges-complaint-against-sbp

Islamabad wants Chinese utilities to use Thar coal – Neutral
https://www.dawn.com/news/1847181/islamabad-wants-chinese-utilities-to-use-thar-coal

PIA privatisation: final bidding delayed till October 1 – Neutral
https://www.brecorder.com/news/40313926/pia-privatisation-final-bidding-delayed-till-october-1

PTA prepares tariff for cellular mobile services regulations – Neutral
https://www.brecorder.com/news/40313907/pta-prepares-tariff-for-cellular-mobile-services-regulations

NICL, SLICL, PRCL no longer strategic SOEs? – Neutral
https://www.brecorder.com/news/40313930/nicl-slicl-prcl-no-longer-strategic-soes

Carpet industry loses sheen as exports plummet – Negative
https://www.thenews.com.pk/print/1212313-carpet-industry-loses-sheen-as-exports-plummet

SECP amends Third Schedule: Securities brokers classified as ‘PIC’ – Neutral
https://www.brecorder.com/news/40313908/secp-amends-third-schedule-securities-brokers-classified-as-pic

Investor transactions: PSX transitions to ‘One-Share Marketable Lot’ system – Neutral
https://www.brecorder.com/news/40313909/investor-transactions-psx-transitions-to-one-share-marketable-lot-system

Reversal of SC order on election tribunals sought
https://www.dawn.com/news/1847429/reversal-of-sc-order-on-election-tribunals-sought

Oil prices fall on predictions of swelling crude inventories, weak demand
https://www.reuters.com/business/energy/oil-prices-fall-predictions-swelling-crude-inventories-weak-demand-2024-07-23/