12/09/2022
*Today’s Major News*
International News
1. Asia-Pacific trade higher as risk sentiment improves, key U.S. inflation data ahead
https://www.cnbc.com/2022/09/12/asia-markets-stocks-currencies-oil-economic-data.html
Neutral
Political Noise
2. PTI to start countrywide protests against price hike next week: Fawad
https://epaper.brecorder.com/2022/09/12/2-page/942287-news.html
Neutral
3. ECP likely to announce new dates for by-polls soon
https://www.dawn.com/news/1709489/ecp-likely-to-announce-new-dates-for-by-polls-soon
Neutral
Economy Watch
4. Guterres to take up ‘debt swaps’ with IMF, WB
https://tribune.com.pk/story/2375965/un-chief-to-take-up-issue-of-debt-swaps-with-imf-wb-for-pakistan
Neutral
5. Dadu grid station faces flood threat
https://epaper.brecorder.com/2022/09/12/1-page/942278-news.html
Negative
6. Sindh cabinet fixes wheat price at Rs4000 per 40kg
https://epaper.brecorder.com/2022/09/12/3-page/942294-news.html
Positive
7. AIIB asked to increase funding to $1bn
https://www.dawn.com/news/1709316/aiib-asked-to-increase-funding-to-1bn
Neutral
8. Miftah estimates losses at $18.5bn
https://www.brecorder.com/news/40196809/miftah-estimates-losses-at-185bn
Negative
9. Yields on bonds spike in global markets
https://tribune.com.pk/story/2375819/yields-on-bonds-spike-in-global-markets
Neutral
10. Dollar still under pressure, not in favour of opening LCs: Miftah
https://www.thenews.com.pk/print/990335-dollar-still-under-pressure-not-in-favour-of-opening-lcs-miftah
Neutral
11. K-Electric’s tariff cut by Rs4.12
https://tribune.com.pk/story/2375812/k-electrics-tariff-cut-by-rs412
Positive
12. US extends further $20m assistance
https://epaper.brecorder.com/2022/09/10/1-page/942144-news.html
Positive
13. Pakistan to pay Rs50b to CPEC IPPs
https://tribune.com.pk/story/2375800/pakistan-to-pay-rs50b-to-cpec-ipps
Neutral
14. July exports to nine regional states post 9pc growth
https://www.dawn.com/news/1709471/july-exports-to-nine-regional-states-post-9pc-growth
Neutral
15. Country in severe liquidity crunch
https://www.thenews.com.pk/print/990041-country-in-severe-liquidity-crunch
Negative
Sector-related news flows
16. Khaqan says govt set to deregulate prices of POL products
https://www.brecorder.com/news/40196766/khaqan-says-govt-set-to-deregulate-prices-of-pol-products
Positive for OMCs
17. PSO urges Power Div to revisit furnace oil demands
https://epaper.brecorder.com/2022/09/10/1-page/942140-news.html
Neutral for PSO
International Crude Oil prices
WTI
US$85.47
Brent
US$91.58
Arab Light
US$92.58
Today’s Major Corporate Announcements
FFL To discuss other matters
THCCL To discuss other matters
