TSL Announcements

MARKET ROUNDUP

KSE-100 Index lost 1,734 points Yesterday, to close at 170,499 with 758Mn shares being traded. Top performance as per price change was witnessed In GAL, AGP & INIL; top decliners were KEL, CNERGY & TGL. Activity was mainly concentrated in Refinery, Technology & Inv. Cos.

NEWS SNAPSHOT

• • • • ‘Washington, Tehran exploring phased way out of war’
      • Xi tells Trump he backs US, Iran returning to peace deal, Xinhua reports
      • KSA intercepts Houthi ballistic missiles
      • Shehbaz, Pezeshkian pledge to promote peace, diplomacy
      • Iran threatens to expand war to Indian Ocean
      • Pakistan strikes 10 terrorist locations inside Afghanistan
      • Ministry approves deployment of Rangers
      • IMF chief satisfied with Pak economic reform
      • Pakistan receives $4.1bn under IMF programme
      • Authorities impose Section 144 in Karachi, ban gatherings of more than 5 people till Sept 30
      • Petrol price cut by 84 paise, HSD’s by Rs2.63
      • IMF seeks 174 legislative amendments
      • OICCI seeks capital, export push
      • PM reaffirms commitment to GSP+ framework
      • US financing opportunities being explored
      • World Bank backs SIFC’s regulatory reform drive
      • Significant MoM cut in RLNG prices
      • FBR starts suspending sales tax registrations
      • SBP forex reserves rise by $11m to $21.4bn as of September 18
      • Petroleum Minister directs OGRA to act against petrol pumps denying fuel relief
      • Petroleum dealers back fuel relief scheme
      • PM’s Fuel Relief Scheme crosses 5 million registrations
      • NTC, Port Qasim Authority sign deal on digital infrastructure
      • High dollar returns on Faisalabad-Peshawar oil pipeline raise eyebrows
      • Chashma-1 achieves historic milestone
      • Four oil refineries sign upgrade agreements
      • Telecom equipment repair centre established
      • Treet Battery approves Rs2bn debt-to-equity conversion
      • BAFL to list Rs20bn subordinated privately placed TFCs on PSX