MAJOR NEWS TODAY: 4-march-2014

Sanie Khan

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1. Rare attack in the heart of Islamabad, Judge, lawyers among 11 killed

2. Ahrar-ul-Hind, formerly part of TTP, claims responsibility

3. Trace the Mastermind, Nisar asks TTP

4. Govt seeks 20 days to file reply to the international Centre for settlement of Investment Disputes against a damage of US$21bn filled by Turkish firm

5. Feb CPI inflation up 7.93%YoY

6. Nearly 13.32mn cotton bales reached ginneries: PCGA

7. PC asked to speed up process of transferring properties in the name of PTC, 68 out of 131 properties transferred: PC

8. Local gas production is likely to increase by 400mmcfd by year end: Petroleum ministry

9. China agrees to give US$1.6bn to Pakistan Under preferential Buyers Credit Scheme for launching metro train project

10. ADB has decided to allocate US$3.25bn for Pakistan under a new lending program

11. SECP Penalizes brokers for non compliance with the rules and regulations

12. Production of petroleum products increases 10% in 6 months

13. Iran-Pakistan agreement: IP gas pipeline deal can’t be reworked, says FO

PREVIOUS DAY FOREIGN FLOWS

Gross Buy	USD8mn
Gross Sell	USD6mn
Gross Buy & Sell	USD14mn
Net Buy	USD2mn

Sanie Khan

Sanie Khan holds a deep knowledge of the financial markets in Pakistan. Based in Karachi, he has over 20 years of hands-on management experience in financial technologies and managing operations in the financial sector. He was the General Manager at the Pakistan Stock Exchange (PSX) for 17 years. He along-with senior members of Exchange

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