A glimpse into mutual fund equity exposure
PSO emerged as the leading stock among the top 30 mutual fund holdings in December 2025, with mutual funds collectively holding 44.2% of its free float. Other significant stocks with…
PTCL acquires Telenor Pakistan and Orion Towers from 31st December 2025
Pakistan Telecommunication Company Limited (PTCL) today marks a defining moment in the evolution of Pakistan’s telecom sector, as it formally completes the acquisition of 100 percent of the issued share…
The KSE-100 surged to 174,054 points in CY25
The KSE-100 surged to 174,054 points in CY25, delivering a robust 51% YoY return, according to a report by AHL Research. Among frontier markets, the KSE-100 has emerged as the…
Gold and the stock market posted excellent gains in Pakistan in 2025
In 2025, Pakistan saw gold and stocks outperform other asset classes, with both delivering impressive gains. Gold achieved a remarkable 73% return from January 1 to December 24, 2025, rising…
The PSX is positioned for strong performance in CY26
The PSX is positioned for strong performance in CY26, driven by multiple tailwinds: a rotation from fixed income to equities, continued IMF support, greater political stability, an improved international image,…
BF Biosciences appoints Farhan Rafiq as new CEO
BF Biosciences Limited today announced a planned leadership transition, following a notice submitted to the Pakistan Stock Exchange (PSX). According to the notice, Mrs. Akhter Khalid Waheed, Founding Chairperson and Chief…
IPO momentum gaining at PSX; Companies raised Rs4.3bn in 7 offerings in 2025
The Pakistan Stock Exchange (PSX) witnessed momentum in initial public offering (IPO) activity in 2025, with a total of 7 offerings recorded, including 2 GEM Board listings and one migration.…
Pak Qatar Family Takaful IPO public portion oversubscribed by 3.8x
The public subscription of Pak Qatar Family Takaful Limited’s IPO witnessed strong investor demand, with applications received for 47.84 million shares against an issue size of 12.50 million shares, resulting…
PQFTL IPO oversubscribed 3.2 times, raising 676 million!
Pak-Qatar Family Takaful Limited’s (PQFTL) IPO book-building has concluded with an impressive oversubscription of 3.2 times, marking the first-ever IPO of a dedicated Family Takaful company at PSX. Investors responded…
Pak-Qatar Family Takaful set to raise 1.1 billion through IPO on 11th December
Pak Qatar Family Takaful Limited is set to list on the Pakistan Stock Exchange via an IPO starting on 11th December. Through this IPO, PQFTL is aiming to raise approximately…
WAVES experienced a 15% YoY increase in 9MCY25, with the topline reaching PKR 3.5bn
Waves Corporation Ltd. (WAVES) held its analyst briefing yesterday to discuss CY24 and 9MCY25 results and its future outlook. The following are the key highlights as reported by AKD Research:…
AKD Research expects a target price for ENGROH at PkR301/sh by Dec 25
Engro Holdings Ltd. (ENGROH) announced its 3QCY25 results, reporting consolidated earnings of PkR6.4bn (EPS: PkR5.35) compared to PkR5.7bn (EPS: PkR4.75) in SPLY, up 13%YoY. Earnings came in lower than expected…
HUBC:1QFY26 earnings arrived at PKR 8.9/share; PKR 5/share dividend declared
The Hub Power Company Ltd (HUBC) reported a net profit of PKR 11.6bn (EPS: PKR 8.9/share) for 1QFY26, down 39% YoY, mainly stemming from the absence of base plant contribution,…
POL 1QFY26 Review: Absence of dry well leads to earnings rise
Pakistan Oilfields Ltd (POL) reported its 1QFY26 financial results today, with NPAT of PkR5.4bn (EPS: PkR19.1), up 111%. The result is in line with our expectations, with the increase compared…
NCPL announced its financial results for 1QFY26
Nishat Chunian Power Limited (NCPL) announced its financial results for 1QFY26, with EPS at PKR 1.50 (-62% YoY). The 62% YoY decline is attributable to revised tariffs, according to a…
GAL announced its financial results for 1QFY26 today
AHL Research has reviewed the performance of Ghandhara Automobiles Limited for the period of 1QFY26. Ghandhara Automobiles Limited (GAL) announced its financial results for 1QFY26 today, posting a PAT of PKR…
Nestlé Pakistan delivers strong growth in Q3 2025
Nestlé Pakistan delivered a strong growth of 19.2% for the third quarter ended September 30, 2025, benefiting from a lower comparative base post implementation of sales tax on the majority…
Atlas Battery recorded a topline revenue of PKR 35.2 billion for FY25
AKD Research has released a report on Atlas Battery Ltd. (ATBA) following today's analyst briefing, where the company discussed its financial results for FY25 and provided insights into its future…
The BFAGRO expansion project at Faisalabad will increase total capacity by 71% to 29,000 tons
Barkat Frisian Agro Limited (BFAGRO) presents a compelling investment opportunity as Pakistan's pioneering and sole producer of pasteurized egg products. The company stands at a turning point, driven by strategic…
Companies listed on the KSE-100 index reported earnings of Rs445 billion in 4QFY25
Topline Pakistan Research has highlighted the corporate profitability in Pakistan for the fourth quarter of FY25. Earnings increased by 21%, while dividends grew by 7% year-on-year (YoY), according to analysts. Companies…
MUGHAL announced its 4QFY25 result
Topline Pakistan Research has published a report on Mughal Steels (MUGHAL). The MUGHAL announced its 4QFY25 result today, where the company recorded consolidated profit of Rs440mn (EPS of Rs1.31), down by…
KSE-100 Index profitability – FY25, increased by 1.8% YoY
The KSE-100 index’s profitability (based on 93% of the index weightage) increased by 1.8% YoY in FY25, reaching PKR 1.66trn. This earnings increase was witnessed on the back of 205%,…
PSX holds a gong ceremony to mark the listing of K-Electric’s Sukuk
A gong ceremony was held at the Pakistan Stock Exchange (PSX) on Tuesday to mark the successful listing of the Retail Listed Short-Term Sukuk that was issued by K-Electric, the…
MTL’s results highlight a weakened rural economy, impacting tractor sales
IMS Research has published an important report on Millat Tractors Ltd (MTL), focusing particularly on the fourth quarter of FY25. Initial impressions indicate that weak sales volumes are putting pressure…
PAEL expands into new markets with $44m in U.S. export orders, aiming for $50m by 2025
Topline Pakistan Research has released an important report on Pak Elektron (PAEL), highlighting that the power segment is expected to dominate in the second half of 2025. The research team recently…