TSL Announcements

MARKET ROUNDUP

KSE-100 lost 7 point yesterday, to close at 44,826 with 254Mn shares being traded. Top performance as per price change was witnessed in KAPCO, AVN & FCEPL. Top decliners JSCL, TRG & ANL. Activity was mainly concentrated In Technology, Refinery & Chemicals.

NEWS SNAPSHOT

• • • Country reports 6,808 fresh Covid-19 cases; positivity ratio soars to 11.55pc
    • Govt revises up 2020-21 GDP to 5.37pc
    • Q4FY21; Nepra allows Discos to cut tariffs by Re0.99/unit
    • Local supply of plants, machineries; Sales tax zero-rating withdrawn
    • Forex reserves decline $552mln
    • ‘SBP may hold rate this time but hike not far away’
    • REER drops to 96.7 in December 2021
    • Govt set to allow export of 14 items to Kabul
    • ‘Work on Dasu dam site back on track’
    • Six investors pre-qualified for PSM revival
    • Gas cess yields Rs332bn in 10 years
    • Restaurants,bakeries, caterers; FBR to charge 17pc sales tax
    • Banking sector spread declines 11bps MoM in December
    • Newly-opened, re-designated business accounts
    • IT ministry to set up 18 more software technology parks
    • Refineries warn of shutting operations from next month
    • Pharmaceutical sector; FBR says ‘no’ to ST refund at purchase stage
    • Ghani Global Holding To List Ghani Chemical On PSX By May 2022
    • Bolan Castings to shut down manufacturing plant for maintenance
    • Crude prices edge lower, though supply concerns still dominant