Bhayani Securities (Pvt Ltd).
Sep 19, 2023
Major News

Economy
Pakistan Barely Raised PKR 1.6 Billion in Bond Auction as Investors Demand Higher Return
https://augaf.com/pakistan-merely-raised-pkr-1-6-billion-in-bond-auction-as-investors-demand-higher-return/

PKR appreciates by 90 paisa in interbank, 50 paisa in open market against USD
https://mettisglobal.news/pkr-appreciates-by-90-paisa-in-interbank-50-paisa-in-open-market-against-usd/

Exports increase by 22.45pc in two months
https://pakobserver.net/exports-increase-by-22-45pc-in-two-months/

Govt raises Rs3.7bn from bonds
https://www.thenews.com.pk/print/1111257-govt-raises-rs3-7bn-from-bonds

Industrial output shrinks for 13th straight month in July
https://www.thenews.com.pk/print/1111246-industrial-output-shrinks-for-13th-straight-month-in-july

News: Sector Wise
Bank 
Pakistan Banking Sector Abililty to Withstand Severe Shocks Further Improved, Says SBP
https://augaf.com/pakistan-banking-sector-abililty-to-withstand-severe-shocks-further-improved-says-sbp/

MCB Bank to set up an exchange company with Rs1bn paid-up capital
https://mettisglobal.news/mcb-bank-to-set-up-an-exchange-company-with-rs1bn-paid-up-capital/

Bank profits double to Rs284.5bn
https://www.dawn.com/news/1776689/bank-profits-double-to-rs2845bn

Technology
SYS shareholders approve asset transfer to Systems Ventures
https://mettisglobal.news/sys-shareholders-approve-asset-transfer-to-systems-ventures/

Oil & Gas
IMF pressure spurs prompt actions in gas sector
https://www.dawn.com/news/1776702/imf-pressure-spurs-prompt-actions-in-gas-sector

Auto
Auto financing drops for 14th straight month in August
https://www.thenews.com.pk/print/1111251-auto-financing-drops-for-14th-straight-month-in-august

Property
FBR plans crackdown against cash transactions in real estate
https://profit.pakistantoday.com.pk/2023/09/18/fbr-plans-crackdown-against-cash-transactions-in-real-estate/