PSX News Updates
PSX News Updates
February 10, 2025 at 03:52 AM
*NEWS UPDATE* Monday, February 10, 2025 Three key IMF conditions met - Positive https://tribune.com.pk/story/2527209/three-key-imf-conditions-met IMF to examine corruption vulnerabilities in govt - Neutral https://epaper.brecorder.com/2025/02/10/1-page/1027709-news.html IMF funding rests on reforms progress: Fitch - Neutral https://epaper.brecorder.com/2025/02/08/3-page/1027507-news.html Pakistan requests rescheduling of $3.4b Chinese debt - Neutral https://tribune.com.pk/story/2527258/pakistan-requests-rescheduling-of-34b-chinese-debt Closure of US project in Pakistan a setback to agri cooperation - Negative https://www.dawn.com/news/1890722/closure-of-us-project-in-pakistan-a-setback-to-agri-cooperation H1 budget deficit 1.2pc of GDP - Neutral https://epaper.brecorder.com/2025/02/09/1-page/1027602-news.html Govt likely to enhance petroleum levy to achieve Rs1281b target - Negative https://www.nation.com.pk/08-Feb-2025/govt-likely-to-enhance-petroleum-levy-to-achieve-rs1281b-target HSD demand declines in February, surplus stock piles up - Negative https://www.thenews.com.pk/print/1280448-hsd-demand-declines-in-february-surplus-stock-piles-up LNG deal with Qatar open to renegotiation next year - Neutral https://www.dawn.com/news/1890548/lng-deal-with-qatar-open-to-renegotiation-next-year Power tariffs will go down further: PM Shehbaz - Positive https://www.brecorder.com/news/40346932/power-tariffs-will-go-down-further-pm-shehbaz Power sector receivables from Balochistan’s agri-tubewells reach Rs530 billion - Negative https://profit.pakistantoday.com.pk/2025/02/08/power-sector-receivables-from-balochistans-agri-tubewells-reach-rs530-billion/ Banks’ investment in risk-free govt papers surges to Rs26tr - Neutral https://www.dawn.com/news/1890724/banks-investment-in-risk-free-govt-papers-surges-to-rs26tr Pakistan to double IT exports to Saudi Arabia - Positive https://tribune.com.pk/story/2527353/pakistan-to-double-it-exports-to-saudi-arabia Book-building on 17-18th, Barkat Frisian’s IPO set to raise Rs1.23bn - Positive https://epaper.brecorder.com/2025/02/09/8-page/1027703-news.html AlBaik confirms expansion into Pakistan, MoC says process in final stages - Positive https://www.brecorder.com/news/40346939/albaik-confirms-expansion-into-pakistan-moc-says-process-in-final-stages GuGo Box EV Launched as the Cheapest Feature-Rich Electric Car in Pakistan - Positive https://propakistani.pk/2025/02/08/gugo-box-ev-launched-as-the-cheapest-feature-rich-electric-car-in-pakistan/ TRQ deal with EU to boost rice exports - Positive https://tribune.com.pk/story/2527355/trq-deal-with-eu-to-boost-rice-exports Transfer of plots, commercial property; FED expected to be withdrawn - Neutral https://epaper.brecorder.com/2025/02/10/12-page/1027789-news.html Tax policy for cotton sector; FBR asked to seek viewpoint of IMF - Neutral https://epaper.brecorder.com/2025/02/10/1-page/1027711-news.html Salaried class likely to pay Rs570b in taxes - Negative https://tribune.com.pk/story/2527363/salaried-class-likely-to-pay-rs570b-in-taxes Army must play its ‘constitutional’ role, says Imran https://www.dawn.com/news/1890696/army-must-play-its-constitutional-role-says-imran ‘Free Imran Khan’, writes Republican Congressman https://www.thenews.com.pk/print/1280936-free-imran-khan-writes-republican-congressman Oil Steadies After Weekly Decline as Market Weighs Trump Tariffs https://www.bloomberg.com/news/articles/2025-02-09/latest-oil-market-news-and-analysis-for-feb-10 Stocks, Currencies Slide on Trump Tariff Plans: Markets Wrap https://www.bloomberg.com/news/articles/2025-02-09/commodity-currencies-slide-on-trump-tariff-plans-markets-wrap?srnd=homepage-asia WTI (Nymex): 71.28 USD/bbl BRENT (ICE): 74.97 USD/bbl ARAB LIGHT: 78.86 SD/bbl R BAY COAL: 99.25 USD/TON USDPKR: 279.05

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