Optimus Capital

Optimus Capital

2/27/2025, 10:32:50 AM

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Optimus Capital

2/27/2025, 9:58:16 AM

NCPL reported a quarterly loss of PKR 14.28/sh, due to provisioning of ~PKR 5,585 MN for waived LPS and excess profits under the amended agreement.

Optimus Capital

2/28/2025, 3:54:29 AM

*Today’s News* *Economy* 1. Forex reserves up $21m https://www.brecorder.com/news/40350549/forex-reserves-up-21m 2. Jefferies Investors team meets Aurangzeb https://www.brecorder.com/news/40350557/jefferies-investors-team-meets-aurangzeb 3. Rupee drops to 279.72 against dollar https://www.thenews.com.pk/print/1287137-rupee-drops-to-279-72-against-dollar *Industry* 1. Private sector retires 48pc bank debt in a month https://www.dawn.com/news/1894799/private-sector-retires-48pc-bank-debt-in-a-month 2. Pakistan, UAE sign five MoUs https://www.brecorder.com/news/40350547/pakistan-uae-sign-five-mous 3. FY25 PSDP covers 1,071 projects, NA panel told https://www.brecorder.com/news/40350550/fy25-psdp-covers-1071-projects-na-panel-told 4. Pakistan, Brazil strengthen cotton sector ties with new MoU https://www.thenews.com.pk/print/1287129-pakistan-brazil-strengthen-cotton-sector-ties-with-new-mou 5. Wheat crop may fall below 28m tons https://tribune.com.pk/story/2531390/wheat-crop-may-fall-below-28m-tons *Energy* 1. Water, snow shortage: NPCC warns of lower hydel generation https://www.brecorder.com/news/40350556/water-snow-shortage-npcc-warns-of-lower-hydel-generation 2. MoE, affiliated depts: PD panel examines budget proposals for PSDP https://www.brecorder.com/news/40350551/moe-affiliated-depts-pd-panel-examines-budget-proposals-for-psdp 3. Govt yet to decide on fuel price deregulation https://www.thenews.com.pk/print/1287284-govt-yet-to-decide-on-fuel-price-deregulation *Politics/General* 1. Federal Cabinet undergoes major expansion https://www.brecorder.com/news/40350560/federal-cabinet-undergoes-major-expansion 2. Police blockades, road closures: TTAP manages to hold final round of grand moot https://www.brecorder.com/news/40350559/police-blockades-road-closures-ttap-manages-to-hold-final-round-of-grand-moot 3. Attack on military installations on May 9th: SC questions ‘identification’ of culprits https://www.brecorder.com/news/40350545/attack-on-military-installations-on-may-9th-sc-questions-identification-of-culprits *International* 1. Trump vows March 4 tariffs for Mexico, Canada; China faces extra 10% https://www.brecorder.com/news/40350448/trump-vows-march-4-tariffs-for-mexico-canada-china-faces-extra-10 *Commodities* 1. Oil climbs more than 2% after Trump cancels Chevron's Venezuela licence https://www.reuters.com/business/energy/oil-prices-climb-2-month-lows-trump-axes-chevrons-venezuela-license-2025-02-27/ *Movement in major commodities:* *Energy* Arab light (USD/bbl): 77.1 (-0.4% D/D) Brent crude (USD/bbl): 73.6 (+1.8% D/D) R-Bay coal (USD/ton): 89.6 (-0.7% D/D) *Metals* Gold (USD/oz): 2896 (-1.2% D/D) HRC (USD/ton): 466 (0% D/D) Rebars (USD/ton): 451 (+0.4% D/D) *Fertilizer as of 27-Feb* Urea (USD/ton): 389 (-2.5% D/D) DAP (USD/ton): 600 (-0.7% D/D) *Chemicals as of 27-Feb* PVC-Ethylene (USD/ton): 258.8 (-8.5% W/W) PTA-PX (USD/ton): 93.8 (-6.6% W/W) *Exchange Rate* PKR/USD: 279.72 (+0% D/D) PKR/GBP: 354.44 (+0.2% D/D) PKR/EUR: 292.93 (-0.2% D/D) PKR/JPY: 1.87 (+0.2% D/D) *Fixed Income* PKRV 3M : 11.84 (0% D/D) PKRV 6M: 11.73 (+0.085% D/D) PKRV 12M: 11.63 (0% D/D) PKRV 3YR: 11.78 (-0.085% D/D) PKRV 5YR: 12.24 (0% D/D) PKRV 10YR: 12.26 (0% D/D) *Equity Markets* KSE 100 (Pakistan): 113784pts (-0.1% D/D) DJIA (USA): 43240pts (-0.4% D/D) S&P 500 (USA): 5862pts (-1.6% D/D) MSCI EM: 1124pts (-1% D/D) *Optimus Research*

Optimus Capital

2/28/2025, 4:27:41 AM

Optimus Market Update - 28/02/2025 https://youtube.com/shorts/kMOwcZ8pKYQ

Optimus Capital

2/27/2025, 9:57:26 AM

NPL reported a quarterly loss of PKR 12.47/sh, due to provisioning of ~PKR 4,794 MN for waived LPS and excess profits under the amended agreement.

Optimus Capital

2/27/2025, 4:31:44 AM

*Today’s News* *Economy* 1. Tax policy office to go functional shortly: Aurangzeb https://epaper.brecorder.com/2025/02/27/1-page/1030037-news.html 2. Govt takes note of rise in prices of edibles ahead of Ramazan https://epaper.brecorder.com/2025/02/27/12-page/1030109-news.html 3. PBF calls for fixed tax regime in upcoming budget https://www.thenews.com.pk/print/1286799-pbf-calls-for-fixed-tax-regime-in-upcoming-budget 4. PKR: marginal increase https://epaper.brecorder.com/2025/02/27/1-page/1030027-news.html *Industry* 1. Uzbek-Pak ties get boost: leaders eye $2bn trade https://epaper.brecorder.com/2025/02/27/1-page/1030030-news.html 2. PD proposes Rs392.5bn PSDP for in-house projects https://epaper.brecorder.com/2025/02/27/1-page/1030036-news.html 3. Pakistan, Russia in talks for new steel mills https://www.thenews.com.pk/print/1286924-pakistan-russia-in-talks-for-new-steel-mills 4. Thar coal railway line to Port Qasim set for Dec 2025 completion https://www.thenews.com.pk/print/1286920-thar-coal-railway-line-to-port-qasim-set-for-dec-2025-completion *Energy* 1. Govt to provide relief for electricity consumers using up to 300 units https://tribune.com.pk/story/2531083/govt-to-provide-relief-for-electricity-consumers-using-up-to-300-units *Companies* 1. KPOGCL, consortium sign exploration agreement on Miran Block https://epaper.brecorder.com/2025/02/27/12-page/1030104-news.html *Politics/General* 1. Accused tried by military courts: SC judge says won’t allow further trial https://epaper.brecorder.com/2025/02/27/1-page/1030028-news.html *Commodities* 1. Oil holds at two-month low amid rising US fuel inventories https://epaper.brecorder.com/2025/02/27/6-page/1030136-news.html *Movement in major commodities:* *Energy* Arab light (USD/bbl): 77.4 (-2.7% D/D) Brent crude (USD/bbl): 72.3 (-0.3% D/D) R-Bay coal (USD/ton): 90.3 (+0.3% D/D) *Metals* Gold (USD/oz): 2931 (+0.4% D/D) HRC (USD/ton): 466 (0% D/D) Rebars (USD/ton): 449 (+0.9% D/D) *Fertilizer as of 26-Feb* Urea (USD/ton): 399 (-1% D/D) DAP (USD/ton): 604 (+0.2% D/D) *Chemicals as of 26-Feb* PVC-Ethylene (USD/ton): 258.8 (-8.5% W/W) PTA-PX (USD/ton): 100.4 (+3.5% W/W) *Exchange Rate* PKR/USD: 279.62 (0% D/D) PKR/GBP: 353.9 (+0.2% D/D) PKR/EUR: 293.62 (+0.3% D/D) PKR/JPY: 1.87 (+0.2% D/D) *Fixed Income* PKRV 3M : 11.84 (0% D/D) PKRV 6M: 11.72 (0% D/D) PKRV 12M: 11.63 (+0.086% D/D) PKRV 3YR: 11.79 (0% D/D) PKRV 5YR: 12.24 (0% D/D) PKRV 10YR: 12.26 (0% D/D) *Equity Markets* KSE 100 (Pakistan): 113862pts (-0.6% D/D) DJIA (USA): 43433pts (-0.4% D/D) S&P 500 (USA): 5956pts (+0% D/D) MSCI EM: 1135pts (+1.2% D/D) *Optimus Research*