*PSX* *NEWS UPDATE* Friday, February 7, 2025 Reko Diq boosts Barrick’s gold reserves by 23pc - Positive https://www.dawn.com/news/1890305/reko-diq-boosts-barricks-gold-reserves-by-23pc FTA (Phase-II); Pakistan, China agree to deepen trade liberalization - Neutral https://epaper.brecorder.com/2025/02/07/1-page/1027365-news.html Pakistan’s total foreign exchange reserves exceed $16b - Neutral https://tribune.com.pk/story/2526917/pakistans-total-foreign-exchange-reserves-exceed-16b Pakistan's interest costs soar - Negative https://tribune.com.pk/story/2527018/pakistans-interest-costs-soar Balochistan high priority; Gas distribution strategy will be reassessed - Neural https://epaper.brecorder.com/2025/02/07/1-page/1027367-news.html LNG deal with Qatar to be renegotiated - Neutral https://www.thenews.com.pk/print/1280276-lng-deal-with-qatar-to-be-renegotiated Kia Lucky Motors launches all-electric EV9-GT Line SUV in Pakistan - Positive https://profit.pakistantoday.com.pk/2025/02/06/kia-lucky-motors-launches-all-electric-ev9-gt-line-suv-in-pakistan/ SEARL secures GCC approval for manufacturing facility in Qatar - Positive https://mettisglobal.news/searl-secures-gcc-approval-for-manufacturing-facility-in-qatar/ All set to export 50,000 MTs of rice to BD - Positive https://epaper.brecorder.com/2025/02/07/1-page/1027369-news.html H1 closure likely for Telenor’s PTCL acquisition - Neutral https://epaper.brecorder.com/2025/02/07/4-page/1027407-news.html PM orders swift privatisation of govt depts - Neutral https://tribune.com.pk/story/2526913/pm-orders-swift-privatization-of-govt-depts Shehbaz, Hamza acquitted in Ramzan Sugar Mills case https://www.thenews.com.pk/print/1280280-shehbaz-hamza-acquitted-in-ramzan-sugar-mills-case Oil set for third straight weekly drop on tariff fears https://www.reuters.com/markets/commodities/oil-set-third-straight-weekly-drop-tariff-fears-2025-02-07/ Asian Stocks Decline Ahead of US Jobs Data: Markets Wrap https://www.bloomberg.com/news/articles/2025-02-06/stock-market-today-dow-s-p-live-updates WTI (Nymex): 70.94 USD/bbl BRENT (ICE): 74.65 USD/bbl ARAB LIGHT: 78.79 SD/bbl R BAY COAL: 99.50 USD/TON USDPKR: 279.15 https://whatsapp.com/channel/0029Vb3uwO1H5JM4Ia08V70g