Pakistan vs Sri Lanka T20 Presentation Ceremony

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Oil on track for weekly loss even as Iran tensions simmer Oil prices fell on Friday and are on track to snap a two-week winning streak , despite settling higher in the previous session following a report that U.S. President Donald Trump is not interested in returning to previous deal terms with Iran . Brent crude futures were down 25 cents, or 0.3%, to $89.45 a barrel by 0035 GMT . West Texas Intermediate crude futures fell 22 cents, also 0.3%, to $83.31 . Both benchmarks were poised to end the week lower , with Brent down 5.3% and WTI falling 4.3% . Citing people familiar with the matter, the Wall Street Journal report said the Trump administration has repeatedly told mediators it has no interest in reviving the June memorandum of understanding , complicating diplomatic efforts to restart talks . Earlier on Thursday, Washington said it was not in talks with Iran despite diplomatic efforts by other countries to re-engage the two sides . On Monday, the U.S. announced what it called ...
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daily check

· As per the latest industry reserve figures from the PPIS for Dec’25, rising by 6%/4% for oil and gas, respectively.  · We reiterate our ‘BUY’ stance on OGDC, PPL, MARI and POL, with Dec’26 target prices of PkR522/412/935/850 per share, respectively. Industry reserves see modest upgrade in Dec'25: As per the latest reserve figures published by PPIS for Dec'25, the industry's balance recoverable reserves improved on both fronts, with oil balance recoverable rising to 253mn bbls (+6%YoY) from 238mn bbls and gas balance recoverable increasing to 18,854 bcf (+4%YoY) from 18,142bcf. The aforementioned increase during the period is behest of the accelerated exploration and appraisal activity, leading to estimate reserve replacement ratio of 1.2x/1.5x for oil and gas, respectively (assuming latest production levels). Critically, oil reserve depletion improved to 81% (vs. 82% in Dec'24), the first improvement in several years, while gas depletion stabilized at 72%, indicati...
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BOOK

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LESSON 1: STANDARD 1: PROFESSIONALISM Knowledge of the Law B. Independence and Objectivity c. Misrepresentation D. Misconduct LOS 3a: Demonstrate the application of the Code of Ethics and Standards of Professional Conduct to situations involving issues of professional integrity. vol 1, pp 55-208 LOS 3b: Distinguish between conduct that conforms to the Code and Standards and conduct that violates the Code and Standards. vol 1, pp 55-208 LOS 3c: Recommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional Conduct.vol 1, pp 55-208 Standard I(A): Knowledge of the Law The Standard Members and candidates must understand and comply with all applicable laws, rules, and regulations (including the CFA Institute Code of Ethics and Standards of Professional Conduct) of any government, regulatory organization, licensing agency, or professional association governing their profe...
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