Arif Habib Dolmen REIT Management Limited (AHDRML) has applied for listing to Pakistan Stock Exchange (PSX) to list Globe Residency REIT (GRR), which once approved would become Pakistan's first listed…
· The PSX today had a mixed trading session. The market started out strong, but the Pak rupee's weakening against the US dollar eroded investor confidence and caused profit-taking, triggering the…
· Another range bound session was witnessed at the PSX today. The market traded in the positive zone, despite the lackluster activity that was observed throughout the trading session due…
· A range bound session was witnessed at the PSX today. The benchmark KSE-100 index shed 193.05 points at the end of the trading session after starting the day in…
We expect the market to be positive in the upcoming week, given anticipation of FATF decision over expected exit of Pakistan from grey list. Moreover, with the ongoing result season,…
The index lost momentum gained over the last two weeks and once again closed below the 42k mark. Despite the SBP maintaining policy rate at 15% in the MPC meeting…
· Another range bound session was witnessed at the PSX today. Despite opening in the green zone the benchmark KSE-100 index recorded a lackluster session as investor participation remained low,…
· PSX witnessed a range bound session today as investor choose to book profits. The benchmark KSE-100 index despite opening in the positive zone failed to continue the momentum whereas participation…
· Bulls and bears engaged in battle at the PSX today throughout the trading session. In anticipation of a rate cut in the monetary policy today, the market opened in the…
Bulls ruled the day at PSX after the Asian Development Bank stated that it would give Pakistan aid worth USD 2.3 billion. Due to the decline in international coal price,…
· Positive momentum from the previous close continued at the PSX today. The market remained in positive zone throughout the day as investors continued to accumulate value stock. Pak rupee…
· Another positive session was observed at the PSX today after the Current Account Deficit declined significantly which helped the investors to gain confidence. The market opened in the green…
PSX experienced a positive day today, as investor's accumulated high dividend yield stocks and ongoing strengthening of the Pak rupee against the US dollar. It maintained that momentum throughout the…
The week commenced on a positive note as the market was up 531.1 points on Monday following the release of SPI number on the last working day, which was 8.8%…
· The market remained under pressure all day long as investors participated left and right. The PSX remained sluggish during the opening half but got active in the second trading…
· The benchmark KSE-100 index witnessed a bullish trend today as the index traded in green zone for most of the session. PSX opened in the positive zone although in the…
· PSX witnessed a positive session today as further clarity on political ground pushed the market in the green and maintained its upward trend from the previous close. Pak Rupee…
Despite being a tumultuous year in terms of change in economic policy and domestic response to the spate of global demand supply disruptions ensuing from post COVID jitters and Russia…
We expect market returns to turn positive as Pakistan is fully compliant on FATF's action plan and an announcement of status is expected in the upcoming week. Moreover, financial aid…
· PSX witnessed a negative session due to prevailing political noise. The benchmark KSE-100 index nosedived following the same trend from the previous session although in the last trading hour value…
· Another down-close session today after a positive open zone. Continued pressure on the PKR softened sentiment to take the KSE-100 below 41k. All eyes now on the FED tonight and…
Tariq Glass Ltd (TGL) has posted net profit of PKR295mn (EPS: PKR2.14) in 4QFY22, down c.38% YoY and 76% QoQ. This took net profits in FY22 to PKR4.1bn (EPS: PKR30.06),…
· PSX closed down on the day having failed to regain the 42k level after a bullish open. Big week for global rates with the FED expected to hike rates by…
Kot Addu Power Company (KAPCO) announced its FY22 financial result today where the company posted a profit after tax (PAT) of PKR 9.9bn (EPS: PKR 11.24), down by 3% YoY…
We expect Tariq Glass Ltd (TGL) to post net profit of PKR813mn (EPS: PKR5.91) in 4QFY22, up c.71% YoY but down 33% QoQ. This will take net profits in FY22…
