Psx *NEWS UPDATE* Wednesday, February 12, 2025 IMF appreciates ongoing reforms in judiciary - Positive https://epaper.brecorder.com/2025/02/12/1-page/1027969-news.html Erdogan due today - Positive https://epaper.brecorder.com/2025/02/12/12-page/1028115-news.html RDA attracts $9.5bn - positive https://www.dawn.com/news/1891419/rda-attracts-95bn Govt securities; SBP streamlines buyback process - Neutral https://epaper.brecorder.com/2025/02/12/1-page/1027974-news.html Local gas intake cut by 300mmcf as line pressure above danger mark - Negative https://www.thenews.com.pk/print/1281928-local-gas-intake-cut-by-300mmcf-as-line-pressure-above-danger-mark Pakistan taps Alvarez & Marsal to privatize three Discos - Neutral https://www.thenews.com.pk/print/1281917-pakistan-taps-alvarez-marsal-to-privatize-three-discos NEPRA puts off security deposit hike - Neutral https://tribune.com.pk/story/2527979/nepra-puts-off-security-deposit-hike Pakistan car sales soar 73% MoM in January 2025 - Positive https://www.brecorder.com/news/40347457/new-year-effect-pakistan-car-sales-soar-73-mom-in-january-2025 FBR Makes Major Decision on Purchase of Bikes, Rickshaws and 800cc Cars by Non-Filers - Positive https://propakistani.pk/2025/02/11/fbr-makes-major-decision-on-purchase-of-bikes-rickshaws-and-800cc-cars-by-non-filers/ Zarea Limited raises over Rs1 billion in 2025’s first IPO at PSX - Positive https://www.brecorder.com/news/40347451/zarea-limited-raises-over-rs1-billion-in-2025s-first-ipo-at-psx Sugar to be sold at reduced rates in Ramadan - Neutral https://tribune.com.pk/story/2527907/sugar-to-be-sold-at-reduced-rates-in-ramadan Pakistan’s corruption rank drops by two positions - Negative https://epaper.brecorder.com/2025/02/12/12-page/1028121-news.html Sanaullah hints at filing reference against two senior SC judges https://www.geo.tv/latest/590200-sanaullah-hints-at-filing-reference-against-two-senior-sc-judges Oil prices retreat after report of U.S. crude stockpile rise https://www.reuters.com/business/energy/oil-prices-retreat-after-report-us-crude-stockpile-rise-2025-02-12/ WTI (Nymex): 73.05 USD/bbl BRENT (ICE): 76.73 USD/bbl ARAB LIGHT: 79.24 USD/bbl R BAY COAL: 97.25 USD/TON USDPKR: 279.17