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News & Views

January 22, 2021

MARKET ROUNDUP

KSE-100 gained 308 points yesterday, to close at 45,984 with 606Mn shares being traded. Top performance as per price change was witnessed in FCEPL, KTML & ICI. Top decliners were GATI, SHFA & JLICL. Activity was mainly concentrated In Power, Technology & Foods.

Inside:Automobile Sector Update: Dated:01/15/21

NewsSnapshot

• Talks on to bring programme review to positive end: IMF
• No change expected in interest rate
• China to gift Pakistan 500,000 corona vaccine doses
• 15pc hike in power tariff announced
• CPPA-G seeks Rs1.81 per unit increase for Dec
• Forex reserves fall by $399m
• Electric vehicles to hit roads soon: says minister
• Gas supply for captive power generation
• SECP allows licenced individuals to act as Securities Advisors
• EoIs of three PSEs to be issued by mid-Feb
• IT, ITeS export remittances surge to $958m in 1H
• Projects, including phase-I of K-IV, approved by Ecnec
• Power tariff: Six more IPPs agree to sign MoU with govt
• Oil dips after unexpected rise in US crude stocks
• New IT Ord issued to facilitate construction sector
• Farewell Roosevelt Hotel: Here is what the BVI court said
• Petitions against KE privatization rejected by SHC