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News & Views

October 01, 2020

MARKET ROUNDUP

KSE-100 lost 633point yesterday, to close at 40,571 with 474Mn shares being traded. Top performance as per price change was witnessed in PSX, FML & MUREB. Top decliners were ATRL, YOUW and BYCO. Activity was mainly concentrated In OMCs, Vanaspati & Banks.

Inside: NCPI Preview :Dated: 09/30/20

NewsSnapshot

• 'Micro-smart lockdowns' begin in Karachi
• Tax-to-GDP ratio slips to 9.6pc in FY2020
• Pakistan to buy 200,000 tons Russian wheat to tame inflation: Islamabad
• Diesel rate reduced by Rs2.40
• Registration of vehicles; Sindh govt to resume collection of withholding tax
• Jul-Sept: FBR surpasses tax collection target
• FBR Extends Tax Filing Date Till Dec 08, 2020
• ECC Approves Over Rs 19 Billion For Retrenchment Plan Of PSMs
• AML regulations notified for non-financial businesses
• ECC raises gas tariff for commercial consumers
• Zero-rated sectors granted power, gas concessions
• Govt. To Produce 31.12 MBL Oil, 1.58 TCF Gas In FY21
• 3rd capital market development programme; Govt, ADB sign $300m loan agreement
• OGRA increases LPG prices for October
• Leather articles, garments; Duty drawback rates enhanced
• HBL: FED board terminates enforcement actions
• Domestic gas consumers: meter rent increased
• Sindh Cabinet Approves Land For SSGC To Lay Gas Pipeline In Three Districts