Airlink Communication (AIRLINK) has partnered with Acer Gadget Inc., a subsidiary of Acer Inc., to introduce "Acer Gadget e10" laptops, tablets, and all-in-one devices to the Pakistani market. AIRLINK has…
According to a research report by AHL Research, Service Global Footwear Limited (SGF) is expected to announce its financial results for the first half of 2024 on August 24, 2024.…
Ghandhara Tyre and Rubber Company Limited (GTR) has today marked a pivotal moment in its operational history by announcing the termination of its long-standing Royalty Technical Services Agreement with Continental…
FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the year's first half, concluding on June 30th, 2024. Despite a challenging economic environment, the Company achieved 17% growth (revenue…
We reiterate our BUY recommendation for The Hub Power Company Limited (HUBC) with a target price of PKR 201.5/share by Jun’25, an upside of 36%. Our positive outlook on this…
Gains off 78k rose to 78.7k before coming off in the 2nd half of the session. 55 stocks rose while 43 fell, with FFC PA (+2.99%), POL PA (+1.98%), and MCB…
Pakistan's representation in the MSCI Frontier Markets (FM) Index is anticipated to undergo some key changes in the upcoming MSCI review, scheduled for August 12th, 2024. These changes are expected…
KSE-100 Index exhibited mixed momentum throughout the week, closing with a modest weekly gain of 0.4%WoW at 78,570 points. The week began on a turbulent note, primarily due to concerns…
According to news sources, authorities, in consultation with the recently created power task force, have decided to retire/gradually phase out 15 IPP contracts with immediate effect. Planned terminations for the…
• 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…
