News Highlights Wednesday, April 09, 2025

Trillions of dollars in minerals can free Pakistan from IMF dependence: PM Shehbaz – Neutral
https://tribune.com.pk/story/2538615/pakistan-launches-minerals-investment-forum-in-islamabad

Barrick Gold to raise $3bn for Reko Diq project – Positive
https://www.dawn.com/news/1903043/barrick-gold-to-raise-3bn-for-reko-diq-project

PM welcomes $2bn Maersk investment – Positive
https://epaper.brecorder.com/2025/04/09/14-page/1044886-news.html

Energy, minerals sector; More collaboration discussed with KSA – Positive
https://epaper.brecorder.com/2025/04/09/1-page/1044750-news.html

Govt plans to raise Rs5.75tr via T-bills and bonds in April-June – Neutral
https://www.thenews.com.pk/print/1299315-govt-plans-to-raise-rs5-75tr-via-t-bills-and-bonds-in-april-june

Pakistan faces $1b loss as US imposes 29% tariff – Negative
https://tribune.com.pk/story/2538670/pakistan-faces-1b-loss-as-us-imposes-29-tariff

Industries ministry proposes super tax – Negative
https://tribune.com.pk/story/2538719/industries-ministry-proposes-super-tax

New oil and gas reserve discovered in North Waziristan – Positive
https://tribune.com.pk/story/2538598/new-oil-and-gas-reserve-discovered-in-north-waziristan

Pakistan, Turkiye sign joint bidding agreement for offshore oil, gas exploration – Positive
https://www.brecorder.com/news/40356549/pakistan-turkiye-sign-joint-bidding-agreement-for-offshore-oil-gas-exploration

Diesel stocks swell to all-time high as sales fall – Negative
https://tribune.com.pk/story/2538523/diesel-stocks-swell-toall-time-high-as-sales-fall

Power sector circular debt increases by Rs147bn in first two months of 2025 – Negative
https://www.thenews.com.pk/print/1299486-power-sector-circular-debt-increases-by-rs147bn-in-first-two-months-of-2025

KE suggests Rs6.62 negative adjustment for Feb – Positive
https://epaper.brecorder.com/2025/04/09/14-page/1044885-news.html

Lucky Islamic Fund IPO set for April 9 – Positive
https://mettisglobal.news/lucky-islamic-fund-ipo-set-for-april-9/

Fatima Fertilizer reveals major copper-gold discovery in Balochistan – Positive
https://mettisglobal.news/fatima-fertilizer-reveals-major-copper-gold-discovery-in-balochistan/

Circular debt issue: 18 banks give govt term sheet for Rs1.275tr credit line – Neutral
https://www.thenews.com.pk/print/1299474-circular-debt-issue-18-banks-give-govt-term-sheet-for-rs1-275tr-credit-line

PIA set to report first profit in two decades – Positive
https://tribune.com.pk/story/2538676/pia-set-to-report-first-profit-in-two-decades

CCP set to grant approval of Telenor-PTCL merger – Positive
https://www.dawn.com/news/1903047/ccp-set-to-grant-approval-of-telenor-ptcl-merger

Mughal Energy to launch coal unit after June boiler test – Neutral
https://mettisglobal.news/mughal-energy-to-launch-coal-unit-after-june-boiler-test/

Nawaz, CM meet Changpeng Zhao
https://www.brecorder.com/news/40356610/nawaz-cm-meet-changpeng-zhao

Tariffs on China set to rise to at least 104% on Wednesday, White House says
https://edition.cnn.com/2025/04/08/business/trump-china-tariff/index.html

Oil slides nearly 4% as US kicks off 104% tariffs on China
https://www.reuters.com/business/energy/oil-slides-nearly-4-us-kicks-off-104-tariffs-china-2025-04-09/

Asian Stocks Drop as Trump’s Tariff Deadline Nears: Markets Wrap
https://www.bloomberg.com/news/articles/2025-04-08/stock-market-today-dow-s-p-live-updates

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