MAJOR NEWS TODAY: 25/6/2015

Sanie Khan

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1. EU seeks duty removal on raw materials imported from Pakistan

2. Foreign inflows of USD6.1nbn received in FY14 vs. budgeted US5.74bn

3. UAE releases USD20.5mn for IDPs

4. Punjab Assembly passes Finance Bill

5. CCoP set approve floor price for PPL offering today

6. Private sector credit jumps to Rs303bn (+32x) in YTD FY14

7. Banking spreads averaged at 6.11% in May

8. NEPRA cuts Re0.82/unit power tariff on account of monthly fuel adjustment

9. Fertilizer makers oppose equal GIDC rates as proposed by CCP

10. Government fails to finalize mechanism to ensure supply of subsidized DAP to farmers

PREVIOUS DAY FOREIGN FLOWS

Gross Buy	USD11.2myn
Gross Sell	USD4.1mn
Gross Buy & Sell	USD15.3mn
Net Buy	USD7.1mn

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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