News & Views

November 16, 2018

MARKET ROUNDUP

KSE-100 index gained 435 points yesterday, to close at 41429 with 255mn shares being traded. Top performance as per price change was witnessed in UBL, CHCC and HCAR; top decliners were SHFA, PAKT and BNWM. Activity was mainly concentrated in Chemical, Cement and Commercial Banks.

Inside:CPI Preview: Dated:11/05/18

NewsSnapshot

• US sanctions 17 Saudis over killing of Khashoggi
• U.K.'s Theresa May Faces Turmoil Over Brexit Deal
• Putin says oil at $70 per barrel "suits" Russia
• World Bank commits $7.636 billion loans to Pakistan for development projects
• Govt. faces tough choice as IMF recommends harsh tax measures
• PTI wins two Senate seats in Punjab
• PM-led company to help rehab 193 ailing PSEs
• Current account posts $4.8 billion deficit in four months
• Reserves reach below $14 billion mark
• Declining reserves raise repayment risks: Moody's
• EIU sees zilch impact of remittances growth on current account
• IMF asks Nepra to take independent decisions
• CCP asks government to revisit Qatar LNG deal
• Mortgaging Discos' assets
• SECP appoints 2 new commissioners
• AIIB keen to invest $1b in Pakistan
• NTDC asked to give Rs49.8bln spending breakups
• SMEDA asked to identify high-potential sectors of SMEs
• Special economic zones under CPEC Pakistan, China vow to put implementation work on fast track
• Pakistan goes against the grain with coal power spree
• Only Rs94bn disbursed for PSDP in 1st quarter
• Steel melters demand reduction in tax on electricity