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Alfalah CLSA Securities (Pvt.) Limited : Morning News 26-Apr-2024 Link : https://shorturl.at/pwzUW • World Bank official stresses need for sustainable fiscal reforms • Pakistan 5th largest recipient of ADB loans, grants • Meeting held with US under TIFA • RDA inflows rise to $7.660bn • UK investors pour $56m in Pakistan T-Bills • SBP reserves decline $73.5m in a week • PBC floats 5-year ‘exports charter and imports substitution plan’  • Annual rental value property: Sindh govt given three months to legislate on levy of tax • Ministry recommends urea import for price stability • Operations: KAPCO reluctant to opt for CTBCM • Sugar export not allowed as yet, says minister #KSE100 #PSX #NewsUpdate #Pakistan #StockMarket

Alfalah CLSA Securities (Pvt.) Limited : Morning News 25-Apr-2024 Link : https://shorturl.at/hjkT1 • FBR’s POS system: 1,680 Tier-1 retailers told to integrate by May 31st • Investment and loss reduction: KE’s 7-year plan approved by Nepra • Country misses wheat production target • DRAP asks drug makers, importers to comply with guidelines • Tax-related disputes: SOEs allowed to adopt ADR facility before litigation • Net metering power: Govt mulling bringing buyback rates down to Rs11/unit • Pakistan, Iran agree to 'expeditiously' finalise FTA #KSE100 #PSX #NewsUpdate #Pakistan #StockMarket

BALANCE OF PAYMENT PAKISTAN’S 3RD TOP MONTHLY CURRENT ACCOUNT SURPLUS 👋 Hey there! Check out the latest news on Pakistan's balance of payment! 💰📈 Pakistan achieved its highest monthly current account surplus in nine years, amounting to USD 619mn, driven by a surge in remittances and a decrease in the trade deficit. Total exports for Mar’24 amounted to USD 3.2bn with a 5% increase from Mar’23, while total imports reached USD 5.2bn, reflecting an 8% increase from Mar’23. During #plate_number_1, total exports grew by 7% YoY to USD 28.8bn, while total imports decreased by 4% YoY to USD 46.2bn. #PakistanEconomy #TradeSurplus 📊💹 #iel #integratedequities #psx #pakistan #capitalmarkets #sbp #mof #balanceofpayment #currentaccountsurplus

The Sugar Advisory Board of Pakistan, chaired by Federal Minister Rana Tanveer Hussain, will decide on sugar exports after consulting government departments. Pakistan's total sugar stock is 7.5 million tons, with 1.5 million tons surplus. The Pakistan Sugar Mills Association (PSMA) urges quick export approval before international rates drop. Hussain emphasized ensuring supply and price stability until the next crushing season. Concerns about local price hikes will be addressed before finalizing the export decision. #Pakistan #SugaradvisoryBoard #DecideSugarExports #GovermentDepartmentConsultation #PSMAUrgesQuickExport

Alfalah CLSA Securities (Pvt.) Limited : Morning News_04-Jan-2024 Link : https://shorturl.at/cpFMO • Tariff cut plan requires an IMF nod • Power crisis looms as 969MW NJ project to shut for a month • Pakistan’s dollar bonds gain 93pc in 2023 • JDWS to set up ethanol plant • FFC, FFBL increase urea prices by Rs187/bag • Sindh outshines Punjab in cotton race, records 121pc increase in output • Jul-Nov FDI jumps 8.1pc to $656.1m YoY • Prospects of KE shares transfer to new buyers ‘unclear’ • Quarterly adjustment: Nepra hikes power tariff for Karachi users by Rs2.87/unit • Food exports jump 64pc in six months #psx #kse100 #alfalahclsa #financialinvestment #stocks #stockmarket #alfalahclsasecurities #flashnote #KSE100 #PSX #investment #financial

BALANCE OF PAYMENT PAKISTAN’S 3RD TOP MONTHLY CURRENT ACCOUNT SURPLUS 👋 Hey there! Check out the latest news on Pakistan's balance of payment! 💰📈 Pakistan achieved its highest monthly current account surplus in nine years, amounting to USD 619mn, driven by a surge in remittances and a decrease in the trade deficit. Total exports for Mar’24 amounted to USD 3.2bn with a 5% increase from Mar’23, while total imports reached USD 5.2bn, reflecting an 8% increase from Mar’23. During #plate_number_1, total exports grew by 7% YoY to USD 28.8bn, while total imports decreased by 4% YoY to USD 46.2bn. #PakistanEconomy #TradeSurplus 📊💹 #iel #integratedequities #psx #pakistan #capitalmarkets #sbp #mof #balanceofpayment #currentaccountsurplus

🚢 Sugar Vessel Near Jebel Ali Port – Immediate Sale Opportunity! 🚢 Attention all professionals in the sugar market! We are excited to announce the arrival of a 25,000 MT sugar vessel near Jebel Ali port in Dubai, ready for immediate sale! The global sugar market is thriving, with an estimated size of USD 66.39 billion in 2023 and projected to grow at a CAGR of 6.5% from 2024 to 2030. As consumer preferences shift towards sweetened goods and beverages, now is the perfect time to secure your sugar supply. Why Dubai? Dubai is a strategic hub for global trade, offering efficient logistics and connectivity to key markets. The UAE’s dynamic business environment and infrastructure make it convenient for quick and secure transactions. Why Choose Us? - Immediate Availability: The vessel is ready for prompt delivery, ensuring no delays in your supply chain. - Secure Transactions: We offer bank-to-bank money transfers against documents, providing you with a secure and transparent procurement process. Don't miss out on this opportunity to enhance your inventory with high-quality sugar in a market poised for growth. For further details and to discuss this opportunity, please get in touch via Direct Message or send LOI to: sales@SugarTradeHub.com SugarTradeHub.com WhatsApp: +971567668104 #SugarMarket #DubaiTrade #Logistics #SupplyChain #SugarIndustry #SugarTradeHub #BusinessOpportunity #TradeDeals #JebelAliPort #HSS #Sugar #ICUMSA45 #BrazilianSugar

According to the most recent foreign trade in goods report produced by the National Bureau of Statistics (NBS), the total value of Nigeria's merchandise trade increased by +146% y/y to almost NGN32trn in Q1 '24. However, the sharp y/y growth is misleading due to the depreciation of the naira. When adjusted for currency devaluation, the trade value declined by roughly -14% y/y in real (US dollar) terms. The total merchandise traded comprised export and import trade balances of NGN19.2trn and NGN12.6trn, respectively, resulting in a net surplus of NGN6.5trn. #FBNQuestResearch

The National Board of Revenue (NBR) of Bangladesh has put a halt to all import and export activities by Abdul Monem Ltd (Coca-Cola, IGLOO Sugar, AM Bran Oil) and its subsidiaries, including Abdul Monem Sugar Refinery. This action was taken due to allegations of misuse of bond facilities and non-payment of applicable duties and fines worth Tk 674.35 crore. The NBR also directed three banks -- Dutch-Bangla Bank, Bank Asia, and Jamuna Bank -- to freeze the company's accounts. The order also instructed all sea ports, land ports, and airports in the country to stop all import and export activities using the Business Identification Numbers (BIN) assigned to the group. The company is accused of illegally removing 5,25,000 tonnes of raw sugar from their bonded warehouse without paying customs duties worth Tk 1205.52 crore. Source: https://lnkd.in/gYJkiBfC #trade #exportimport #industrynews #businessnews #briefbeam #tradenews

Market optimism is on the rise as we approach results season! Banking and fertilizer sectors are expected to shape the outlook for the year ahead. Additionally, the visit from the Saudi delegation is set to unlock new trade opportunities for Pakistan. #MarketUpdate #Investment #SaudiVisit #KTrade #BullishOnPakistan #PSX #KSE100 #StockMarket #PakistanStockExchange