Adam Securities Limited – Morning Briefing

Karachi, April 12, 2018 (PPI-OT): ECC to consider discontinuation of subsidy on power today – Negative

TheECCoftheCabinetwhichisscheduledtomeetontodaywillconsiderdiscontinuationofRs3perunitsubsidyonelectricityavailabletoindustrialsector, well informed sources told. The ECC, in itsmeeting held on June 7, 2017hadapprovedRs3/KwhsubsidyannouncedbythePrimeMinisterfortheindustrial sector. (BRECORDER)

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