• The market witnessed a mixed sentiment during Jul’24. • At the beginning of a new fiscal year, the market showcased a bullish trend, given that Pakistan reached a staff-level agreement with…
The Hub Power Company Limited (HUBC) is scheduled to announce its FY24 financial result soon, where we expect the company to post consolidated earnings of PKR 66,891mn (EPS: PKR 51.6),…
According to AHL Technical, another negative session occurred on Wednesday, with the KSE-100 index dropping by 741.82 points to close at 77,886.98. The daily chart showed a lower high and…
The State Bank of Pakistan (SBP) will announce Monetary Policy on July 29 in the Monetary Policy Committee (MPC) meeting. The MPC will meet on Monday, July 29 to decide…
Pakistan's meat and meat product exports reached a record high of US$512 million in FY24, up 20% year-on-year from US$426 million in FY23. Export volume also surged by 24% to…
Nestle Pakistan, a leading food and beverage company, has released its financial results for the first half of 2024, reflecting a mixed performance. While the company managed to increase its…
According to a report of Arif Habib Ltd Sales, more lift off Monday's low with the KSE-100 and KSE-30 mustering up gains of +0.52% and +0.6% DoD, respectively 57 shares…
Weak open to the start of the week as politics continued to disrupt upside momentum 13 shares rose while 87 fell, with HUBC PA (-3.25%), ENGRO PA (-3.34%), and FFC…
Heavy selling to end the week eroded earlier gains to close flat on the week @ 80,117 17 shares rose while 83 fell SNGP PA (+3.63%), THAL PA (+2.62%) and…
According to IMS Research, the KSE100 index closed 150 points lower yesterday at 79,992 points. Today's key event is the Supreme Court's decision on reserved seats. If the decision goes…
The index opened positively and remained volatile throughout the last trading session. The local bourse posted a high of 525pts, a low of 20pts and concluded with a gain of 353pts…
This is in furtherance to PSX Notice No.PSX/N-629, dated July 08, 2024, on the subject matter. In this regard, it is now known that the situation is under control, and…
Rescue officials said a fire that broke out at the Pakistan Stock Exchange (PSX) building in Karachi on Monday has been brought under control. However, trading has been suspended during…
This week marked the commencement of a new fiscal year, in which the market momentum remained bullish and for the first time closed above the 80,000 points level. On economic…
Support continues to build around the 80k structurally bullish level. 49 shares rose while 44 shares fell, with LUCK PA (+1.42%), FABL PA (+5.11%) and MEBL PA (+0.85%), the biggest…
Pakistan's stock market surged significantly during FY24, closing at a record high of 78,455 points, up from 41,453 points in FY23. The fiscal year began with the government securing a…
TRG Pakistan (TRGP) through its associate company TRG International (TRGI) holds a stake in three assets; Afiniti, Ibex, and liquid assets (Greentree Holdings). TRGP through TRGI holds 17% and 30%…
The Central Depository Company of Pakistan Limited (CDC) has completely eliminated Annual Maintenance Fee for the Sub-Account Holders and announced a full waiver of the CDS connection fee and minimum…
Despite a 150bps rate cut in the policy rate announced at the beginning of the week, the market remained jittery due to concerns over a significant increase in taxes on…
Contrary to expectations of change in the treatment of income from capital gain and dividends to normal tax, affecting net returns of the investors, we believe the budget FY25 is…
Pakistan's stock market has lost 2.3% or 1764 points in the last seven sessions amidst fear of increased Capital Gain Tax (CGT) or dividend tax. Further, there is a rumour…
During May-24: KSE-100 index gains 6.7% MoM Index crossed 75k level, surging by 4,776 points MoM KSE 100 witnessed a robust momentum throughout May’24, reaching an all-time high of 75,983…
The Board of Directors of Lucky TG Limited (LTG) has approved the buyback of shares from its holding companies, Lucky Core Industries Limited (51% ownership) and Tariq Glass Industries Limited…
The second session was of Topline Pakistan Mid Cap Call Conference 2024 – Day 3 on Pak Elektron (PAEL) held on May 23, where the key speaker was Mr. Syed…
· Additional consolidation around the 75k and 24k levels for the KSE-100 and KSE-30, respectively · 34 shares rose while 63 fell, with SYS PA (+3.34%), FFC PA (+0.82%), and PKGP PA…
