Inside NCCPL’s Rulebook Shift

The National Clearing Company of Pakistan Limited (NCCPL) has issued proposed amendments to its 2015 regulations, inviting public commentary. These proposals cover revisions to margin structures and broaden access to clearing and settlement mechanisms, notably for digital banks and equity-based Exchange Traded Funds (ETFs).

PSX in FY25: From Oof to Boom

The Pakistan stock market delivered yet another stellar performance in FY25, extending last year’s extraordinary rally, though at a slightly tempered pace.

PSX in June: La Vie En Rose

June proved to be another remarkable month for local equities, with the benchmark index climbing to an all-time high close of 125,627.31, up 5,936 points or 4.96% over May. Positive economic indicators and a balanced budget for FY26 underpinned the rally, despite mid-month volatility triggered by geopolitical tensions.

TRG on Thin Ice

It never rains but it pours for TRG Pakistan. Just days after TRG Pakistan found itself at the center of an adverse courtroom verdict rattling investors’ and Management’s confidence, its Management walked a tightrope of words, choosing each response cautiously during a scheduled Analyst Briefing yesterday.

Pakistan on track to meet FY25 targets: SBP Governor

The State Bank of Pakistan (SBP) is expected to comfortably meet its external debt servicing and foreign exchange reserve targets for FY25...

MPS Preview: SBP to Maintain Cautious Stance

With just hours remaining before Pakistan’s Monetary Policy Committee (MPC) meets, consensus is pointing to a status quo on the benchmark policy rate, likely holding steady at 11%.

Tax shift hits VPS, aids equity funds

Pakistan’s FY26 budget proposed a sweeping overhaul of savings-market taxation, ditching long-standing income-exemption benefits on Voluntary Pension Schemes (VPS) and reshaping the way mutual-fund dividends are taxed...

Budget FY26: From Podiums to Pantries

Behind the extravagant figures and talk of growth, the mood in power corridors is oddly confident. This will allow our Finance Minister, Senator Muhammad Aurangzeb, to stand tall today, armed with improving numbers, higher growth forecasts, a narrowing current account deficit, and finally cooling inflation.

Weekly Market Roundup

Following a turbulent week, the Pakistan Stock Exchange (PSX) witnessed strong upward momentum this week...

Money in the Bank, Trust on the Table

This week, Pakistan received a $1 billion tranche from the International Monetary Fund (IMF), as confirmed by the State Bank...

Power Show

While the world was expecting another chapter of old rivals colliding, and they did briefly, this time it was different....

Weekly Market Roundup

Amidst geopolitical tensions, the local bourse witnessed a bearish week. Heavy sell-offs occurred due to the fear of rising conflict between Pakistan and India.

Indo-Pak Tensions: A Boiling Cauldron

Despite global concerns that any conflict between two nuclear-armed nations would be catastrophic, India launched strikes...

Debt management on track, outlook stable: Governor SBP

External debt repayments are firmly on track, with $16 billion of the $26bn due in FY25 to be rolled over, $8bn already repaid...

MPS Preview: Will SBP Cut Rates or Play It Safe?

The clock is ticking down to the State Bank of Pakistan’s monetary policy decision today, and the uncertainty hangs thick in the air...

Weekly Market Roundup

The equity market experienced a choppy ride throughout the week as rising tensions between India and Pakistan casted a shadow over investor confidence...

PSMC’s Minority Shareholders Left in the Dust

After years of bleeding red ink, shuttered plants, and dwindling investor hope, Pak Suzuki Motor Company (PSMC) stunned the market...

PSX in April: A Volatile Affair

The local bourse remained highly volatile in April 2025, mainly due to Trump’s reckless decision to impose tariffs on 60 countries, including Pakistan...

Zarea gears up for export launch amidst aggressive expansion drive

Zarea Limited (ZAL), the B2B e-commerce marketplace redefining commodity procurement in Pakistan, is on the cusp of launching its export division...

Weekly Market Roundup

The week got off to a strong start on the back of improved macros; however, rising Indo-Pak tensions...

Weekly Market Roundup

This week, the capital market witnessed a series of positive developments on the economic front, which helped restore investor confidence...

PSX in March: No Mountain High Enough

Bulls made their way to the local bourse in March 2025 as the benchmark KSE 100 index touched all time high of 119,421.81...

Weekly Market Roundup

The capital market kicked off the week on a negative note as investors succumbed to selling...

Asia markets climb as investors watch U.S. trade moves

Asian stocks followed Wall Street higher on Wednesday and the U.S. dollar meandered as markets awaited clarity on President Donald...

Weekly Market Roundup

IMF optimism, positive signals regarding the government's commitment to tackling circular debt, and expectations of further inflation decline...

Weekly Market Roundup

Against market expectations of an interest rate cut, the Monetary Policy Committee's decision to hold the rate at 12% surprised investors, triggering three...

Barkat Frisian Agro soars 58%

Drawing strong investor interest, the stock has soared 58.13% since its listing on March 7, 2025, in just 5 trading sessions...

SBP surpasses IMF targets, stays on track for June 2025

The State Bank of Pakistan (SBP) has successfully met the IMF's Net International Reserves (NIR) target for December 2024...

MPS Preview: Will the Rate Cut Party Pause today?

After months of steady rate cuts, all eyes are on the State Bank of Pakistan (SBP)’s big call in today’s Monetary Policy Committee (MPC) meeting...

Weekly Market Roundup

The capital market witnessed selling pressure on the first day of the week as investors opted for profit booking. However, buyers enthusiastically returned...

PSX in February: Struggling for Footing

February saw the bulls take a backseat as the benchmark KSE-100 index lost 1,004.06 points in a sluggish...

Weekly Market Roundup

The local bourse started the week on a positive note on the back of positive developments on the economic side...

Weekly Market Roundup

Pakistan equities started the week on a negative note but later positive developments on economic side strengthen investor confidence which boosted buying...

Weekly Market Roundup

Owing to the IMF factor, earnings season, and improved economic activity, Pakistan equities started the week on a positive...

Barkat Frisian IPO: Are You Egg-Cited?

There's a new egg in the basket, Barkat Frisian Agro Limited (BFAL), a Pakistan-Dutch joint venture that is all set to spread its wings and take a giant leap...

Weekly Market Roundup

The equity market started the week on a negative note, spending three sessions in the red due to rollover...

PSX in Jan: Chasing Stars, Stumbling at Finish

Scaling new heights but stumbling at the finish line, the KSE-100 index posted an impressive 84% YoY...

Weekly Market Roundup

The equity market started the week on a negative note, spending three sessions in the red due to rollover...

SBP Governor links 16% import surge to economic growth

Pakistan's imports have shown a natural uptick mainly due to increasing economic activity, removal of restrictions...

MPS Preview: SBP to reduce policy rate by 100bps

Continuing its streak of monetary easing, the Monetary Policy Committee of the State Bank of Pakistan (SBP) is expected to...

Weekly Market Roundup

The equity market kicked off the week on a positive note, buoyed by investor optimism over the continuation of monetary...

Weekly Market Roundup

Driven by the ongoing political drama, the local bourse experienced a rollercoaster ride this week as investors oscillated between buying and selling...

Weekly Market Roundup

Bullish sentiments remained intact throughout the past week as the benchmark KSE-100 index...

PKR in 2024: The Climb to Stability

Turning the tide in 2024, the Pakistani Rupee (PKR) ended 2024 with a minor yet significant gain of 1.174% or PKR 3.31...

CY24 Review: PSX Living the Dream

Investors who dared to believe in the potential of the local bourse have hit the jackpot, enjoying a jaw-dropping 84.34%...

Roshan Packages takes bull by horns with vertical integration

Roshan Packages Limited (PSX: RPL) is set to strengthen its market position through vertical integration with its subsidiary...

Karachi ride-hailing drivers face 50% earnings loss on internet disruption

Ride-hailing drivers in the port city are facing a financial crisis as their earnings have been slashed by more than 50%...

Weekly Corporate Buzz

 The past week witnessed major shifts and moves at the Pakistan Stock Exchange (PSX), during which Ghani Chemical Industries positioned itself for new...

UBL goes extra mile, hitting 50% ADR target

United Bank Limited (PSX: UBL) has successfully met the Advances to Deposits Ratio (ADR) requirement of 50%...

Weekly Corporate Buzz

This week, developments in Pakistan’s corporate landscape have inspired us with Hoechst Pakistan boldly...

Weekly Corporate Buzz

The pulse of Chundrigar Road beat stronger this week, with expansions...

Weekly Corporate Buzz

Another action-packed week passed on Chundrigar Road, where a series of corporate...

Weekly Corporate Buzz

The outgoing week was packed with exciting developments from top players in the corporate world...

BFBL IPO: Putting Your Money Where the Growth Is

The Pakistan Stock Exchange is evolving into a gold mine yet again...

Weekly Corporate Buzz

With trailblazing deals, profit turnarounds, and green energy strides, the Pakistan Stock Exchange (PSX) continued to sizzled this week...

Weekly Corporate Buzz

Continuing the dramatic flair of triumphs and transitions, the stage in Pakistan...

SBP boosts transparency measures, eyes $13bn reserves by FY25

In a move to improve transparency and curb speculation, the State Bank of Pakistan (SBP) will release three additional...

Weekly Corporate Buzz

The pulse of Chundrigar Road continued to beat stronger throughout the week as we witnessed strategic expansions...

NBP hits a high note with financial, tech advancements

The country’s sole government-owned bank, the National Bank of Pakistan (PSX: NBP)...

SECP slaps trading ban on Nadeem Ejaz over suspicious Chakwal Spinning activity

 The Securities Exchange Commission of Pakistan (SECP) has flagged the trading activity of Nadeem Ejaz in the shares of Chakwal Spinning Mills Limited...

Weekly Corporate Buzz

From Moody’s upgrading the ratings of several Pakistani banks to National Bank of Pakistan’s timely issuance of its Transmission Report...

NBP sets bar high by issuing transmission report same day, others should follow

Taking a commendable step in corporate governance, the National Bank of Pakistan (PSX: NBP) has issued...

Weekly Corporate Buzz

The outgoing week witnessed notable developments in Pakistan’s corporate landscape including strategic acquisitions...

Once Bright, Now Dull

Blaring horns, fluttering buntings, proudly waving flags, merch stalls overflowing with independence tees...

Weekly Corporate Buzz

Being the epitome of high-stakes drama, Pakistan's corporate arena never fails to throw surprises...

Public fury, exporters' outcry force authorities to reassess IPP agreements

The dilemma of rising electricity bills for residential and commercial users has forced them to question...

July's heatwave doused by strong macros

July has been sweltering for the masses, but it brought a fresh breeze to Pakistan's economic landscape as the first month of FY25...

FY25 looks rosy with GDP 2.5-3.5%, reserves $13bn

The outlook for FY25 is looking increasingly promising with GDP growth of 2.5-3.5%, SBP reserves $13 billion...

Remittance rush can't hide export woes

Pakistan’s diaspora, dispersed across the globe, rallied in support of their cash-strapped homeland...

A Not-So-Happy New Year FY25

The beginning of FY25 marked the debut of a hot-off-the-press finance bill, making waves from boardrooms to breakfast tables...

TRG's briefing attempt hitting right notes on Afiniti's debt worries

Since TRG had garnered substantial attention in the news and was the subject of persistent rumours that impacted its share price...

Current account hits a sour note on surging primary deficit

Contrary to the expectations of a current account surplus for the fourth consecutive month in May, a significant surge in the primary...

Does PIA trading halt hint money-making maneuver?

It seems that a chance to manipulate situations to make big bucks is never missed as evidenced by the recent announcement concerning PIA...

Fast Cables IPO: Don't Miss the Wire

A flurry of Initial Public Offerings (IPOs) is going on the local bourse, and to jump on the bandwagon, Fast Cables Limited also charged its wires...

IPAK IPO: Ride the Bull, But Beware the Bears

As CY2024 brought a wave of fortune to the Pakistan Stock Exchange (PSX), already propelling companies...

SBP Governor foresees manageable debt repayments ahead

The country's external debt repayments for the remainder of the current fiscal year stand at a manageable sum...

KE's solar ambition eclipsed by contradiction

Balancing electricity demand and supply has remained a persistent challenge...

SBP expects $2bn rollover next week, $4bn by June 2024

The $2 billion roll-over is in process and likely to be finalized in the coming week while another roll-over of $4bn is expected by June 2024...

PTI's gambit to drag IMF into electoral turmoil risks backfire

At a time when the country is struggling with the aftermath of a fiercely contested election and the absence of a formed government...

FFBL to give Boron boost to accelerate agriculture in 2024

Fauji Fertilizer Bin Qasim Limited (PSX: FFBL) is all set to launch Boron Fortified DAP during CY24 which will prove...

SBP expects another $5bn rollover, debt in check, growth ahead

State Bank of Pakistan (SBP) is now banking on another $5 billion rollover from friendly countries...

PSMC delisting: Are minority shareholders getting a fair shake?

Ensuring the protection of shareholders' rights serves as the foundation for business success...

Is high flying Treet Battery (TBL) a case of mirror and smoke?

The attraction of quick gains in a bullish market often blinds investors to the deeper currents underneath the surface...

MPS sprouts green shoots of economic revival

Reaffirming the positive economic outlook amid general discussions about the economy's turnaround, today's monetary policy statement...

Promising returns, strategic triumphs await investors: OGDC

The management of the Oil & Gas Development Company Limited (PSX: OGDC), a leading Pakistani oil and gas company...

PREMA strives to shine beyond dairy

The trailblazing titan of Pakistan's dairy sector, Prema At-Tahur (PSX: PREMA) is making significant...

AGHA striking gold with homegrown iron ore

The mighty Mi.Da. Rolling Plant and the ingenious plan to install Blast Furnace for Iron Ore...

BIFO sets explosive growth trajectory amidst mining boom

Biafo Industries Limited (PSX: BIFO), a leading manufacturer of commercial explosives and blasting accessories stands tall with a promising outlook...

PNSC sets sail towards maritime dominance through multi-vessel acquisition plan

Pakistan National Shipping Corporation (PNSC) is diligently working on an expansive fleet development plan...

CEPB aims for global expansion amidst economic upturn

Century Paper & Board Mills Limited (PSX: CEPB) is diligently working to broaden its export horizons beyond Afghanistan...

Pakistan checks all boxes, ready to face IMF with no apprehensions

Pakistan is ready to face IMF today without the looming apprehension of reprimand from the fund....

CPI Preview: Inflation to soar around 31% YoY in September

The eroding purchasing power has been casting a grim and unyielding pall over the lives of ordinary citizens in Pakistan...

Pakistan sets to repay $125.98m to IMF on September 29

Pakistan is scheduled to fulfil its financial commitment to the International Monetary Fund (IMF) by making a repayment of $165.32 million...

CPI Preview: No Silver Linings

Sparing no one, the soaring prices are cutting through with merciless cruelty, as the rising cost of living has grown far...

PDM Coalition's tenure marred by inflation, uncertainty

The 16-month tenure of the PDM coalition government was a choppy ride for both government and the citizens....

Section 7E: A Closer Look at Controversy, Benefits

In the hustling world of real estate, there's a term causing quite a stir- Section 7E. But what's all the chorus of concern?

Symmetry Group Limited IPO raises concerns with unproven IPs, valuation

The Pakistan Stock Exchange (PSX) is all set to witness the first Initial Public Offering (IPO) of FY24 via Symmetry Group Limited (SGL)...

CPI Preview: Inflation sets to ease at 26% in July 2023

After witnessing the plague of inflation which had mercilessly ruined the economy in FY23...

Bunny's Limited: A Bittersweet Tale of Broken Dreams, Corporate Missteps

In the world of sweet delights, Bunny's Limited (PSX: BNL) was once the rising star, but now it finds itself caught in a twisted web of...

PKR in FY23: Up the creek without a paddle

FY23 turned out to be an utter nightmare for the Pakistani rupee (PKR) as it stumbled in the depths of default.....

CPI for June: A Momentary Reprieve

The June reading of inflation numbers brings a glimmer of optimism as it recorded a 5-month low of 29.4% YoY compared to a peak.........

NCCPL's restriction of funds without calculating accurate positions leave brokers frustrated

In a spectacular display of confidence, the Pakistan Stock Exchange (PSX) witnessed an exhilarating buying spree as investors enthusiastically sought.....

TRG Pakistan's corporate briefing leaves shareholders in the dark

Just like any other corporate briefing session, the shareholders of TRG Pakistan eagerly anticipated the corporate briefing session........

Dark reality of banned imports, deceptive trade practices

As Pakistan grapples with a numbed economy, the economic managers appear to be obsessed with short-term solutions rather than addressing the underlying.........

Cat not ready to come out of the bag

 In a spectacular turn of events, the International Monetary Fund (IMF) has seemingly given up on Pakistan..........

Is Pakistan being left to die?

Unfortunately, the country is at the stage where this troubling question arises in the face of the crucial treatment that is devoid....

RDA: From Hopeful Solution to Costly Liability

Unveiled with great expectation to attract foreign exchange reserves to financially strained Pakistan......

Seizing golden deal: Govt considering streamline PSO’s tender process

Pakistan State Oil (PSO), Pakistan's premier energy marketing company, finds itself at a crossroads as it risks missing out on a proposed....

Pakistan to strike a golden deal with oil giants, reducing import reliance

 In a major breakthrough to unlock a potential solution to Pakistan's soaring import reliance, the Pakistani government....

Grim inflation continues: May 2023 inflation estimated at 37.84%

In the relentless grip of inflation, the economy has been devastated, casting its darkest shadow upon the already impoverished citizens....

A blind eye to default or a political milestone in the making?

The fresh and crisp statement by the Federal Minister for Finance and Revenue, Senator Muhammad Ishaq Dar, saying that....

CPI Preview: Inflation's reign of terror continues

The headline inflation for April 2023 is expected to settle around 36.5% - 38.2% with an average estimate of 37.18% YoY compared to 35.4% YoY....

PKR: Torn

After making an attempt to claw back losses in yesterday’s session, the Pakistani rupee (PKR)...

Financial woes raise doubts on Pakistan, IMF relationship

 In light of recent developments in Pakistan's financial situation, questions have arisen regarding the country's ongoing...

Gaining Journey Ends: SBP Reserves Fall by $354mn

Snapping the winning streak of six consecutive increases, the foreign exchange reserves held by the State Bank of Pakistan (SBP)....

PKR walks tightrope as IMF tranche lingers, debt repayments loom

The Pakistani rupee (PKR) continued to show resilience against the mighty dollar in the second consecutive session as it appreciated....

OMO Result: SBP receives no bids against quotes for 6-day tenor

The State Bank of Pakistan (SBP) has received no bids against the invitation of the quotes for Open Market Operations (OMO)...

IMF dismisses rumors of tying nuclear program with Pakistan's economic aid

The International Monetary Fund (IMF) has refuted speculations that any conditions...

MLCF acquires 15.08% shareholding in PIOC with 9.5mn voting shares

In a surprising move, Maple Leaf Cement Factory Limited (MLCF) has made a bold acquisition by purchasing a whopping 9,500,000 voting shares of Pioneer Cement...

IMF-Pakistan negotiations hit 30-day deadlock: A nail biting saga

As the world eagerly awaits news of Pakistan's $6 billion bailout package from the IMF, delays are piling up...

MLCF trades in PIOC shares

Maple Leaf Cement Factory Limited (MLCFL) has traded in the ordinary shares of Pioneer Cement Limited (PIOC)...

China's $500mn boosts SBP's FX reserves, IMF agreement still elusive

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $486.9 million....

No IMF deal this week: Ishaq Dar

The staff-level agreement (SLA) with the International Monetary Fund (IMF) is unlikely to be finalized this week...

IMF seeks confirmation of external financing for Pakistan agreement

 The International Monetary Fund (IMF) is inching closer to signing a Staff Level Agreement (SLA) with Pakistan...

Investors' Heaven: Undervalued Cement Industry Reflects Growth Potential

 The cement industry in Pakistan is currently experiencing a disparity between its trading price and replacement cost as the average enterprise value (EV)...

BIPL sale and Mistreatment of Minority Shareholders

JS Group, a prominent Pakistani conglomerate, has come under fire for alleged discriminatory behavior towards minority shareholders of BankIslami Pakistan...

Pakistan braces for possible default as IMF bailout remains elusive

Pakistan is facing a potential default on billions of dollars in debt repayments, as its economic crisis worsens and foreign reserves plummet....

No End in Sight: Inflation Continues to Plague Pakistan's Economy

The economy is in the grips of a deadly beast - inflation - that's running amok, wreaking...

Lady luck on PKR’s side

Continuing its gaining momentum, the Pakistani rupee (PKR) has appreciated by 7 paisa against the US dollar in the first trading session of the week....

Sigh of Relief: SBP receives $700mn from China

The State Bank of Pakistan (SBP) finally received $700 million from China on Friday...

SBP reserves on the mend, second consecutive rise by $65.6mn to $3.25bn

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $65.6 million or 2.05% WoW to $3.25...

PKR reclaims lost ground against greenback, up by 62 paisa

The Pakistani rupee (PKR) rebounded strongly on Wednesday, buoyed by positive news flows pertaining...

Pakistan to receive $700mn from China this week

Cash-strapped Pakistan is set to receive a much-needed boost as China is likely t to provide a loan of $700 million.

Government likely to increase SLR by 500 bps

In a move to regulate the money supply, control inflation, maintain financial stability....

Cross subsidization takes a back seat as gas prices surge in Pakistan

Consumers across the country are facing a major shock as gas prices have surged by 33% in the outgoing week...

PKR soars against US dollar, up by 6.5 rupees in a week

Since Pakistan is moving closer to the stalled IMF tranche, the Pakistani rupee (PKR) has registered a significant gain of 6.5 rupees...

PSMC extends plant shutdown due to inventory shortage

Pak Suzuki Motor Company Limited (PSMC) has extended the shutdown of its automobile plant from February 20, 2023...

SBP reserves see slight boost, up by $276mn to $3.19bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) inched up by $276 million to $3.19 billion

NETSOL inks major contract with Japan based manufacturer for tech solutions in Australia

NETSOL Technologies' sister company in Australia has secured a multi-million dollar contract with the finance division....

Gas prices skyrocket: OGRA announces up to 112% hike in rates

Exacerbating the already mounting inflationary pressure, the Oil and Gas Regulatory Authority (OGRA) on Wednesday notified a massive surge...

PKR in Dismay: No Distance Left to Run

The Pakistani rupee (PKR) had a rough ride at the beginning of CY23, taking a nosedive and losing a whopping 41 rupees or 18% ....

SBP debunks dollar price cap blame for $3bn loss in exports, remittances

The State Bank of Pakistan (SBP) has rejected the claims that capping the price of the dollar was the sole reason for the $3 billion loss in exports and remitt

Govt hikes petrol prices by up to Rs35 per litre

The federal government on Sunday decided to increase the price of petroleum products by up to Rs35 per litre. 

PKR falls off a cliff: Loses 32.9 rupees per US dollar in a week

Pakistani rupee (PKR) down the abyss as the currency lost 32.9 rupees in five straight sessions...

MPS Preview: Opting further slowdown?

The State Bank of Pakistan (SBP) will likely hike the policy rate by around 100 basis points (bps) to 17% in today's Monetary Policy Committee (MPC) meeting ...

Attracting dollars: Govt raises NPCs return rates

In order to lure the dollars to the economy, the government has decided to raise the rate of return on Naya Pakistan Certificates (NPCs)...

WB refutes media reports claiming delay in approval of loans worth $1.1bn

World Bank (WB) on Thursday rejected all the media reports that were claiming that the bank is intentionally...

PKR slides by 19 paisa against greenback

Riding on a downward trail, the Pakistani rupee (PKR) depreciated by 19 paisa against the US dollar on Monday...

Drowning economy needs immediate attention

The government needs to immediately overcome the mess and lower dependence on higher domestic borrowings.

ECs suggest 3-tier exchange rate to lure dollars, improve FX reserves

In order to improve foreign exchange reserves while luring dollars, the government should consider the option of a three-tier exchange rate against PKR...

PKR loses one rupee in a week, settles at 228.15 per USD

Amidst dwindling macros and the absence of foreign inflows, the local unit remained under pressure as the currency lost one rupee...

Workers’ remittances record inflows of $14.1bn in 1HFY23

Workers’ remittances records inflows of $14.1bn in 1HFY23

PKR in free fall, down to 228.14 per USD

While enduring a strong spell of depreciation, the Pakistani rupee (PKR) further shed 22 paisa against the US dollar

PKR remains under stress, settles at 227.93 per USD

Continuing its downward journey, the Pakistani rupee (PKR) on Wednesday settled the trading session at PKR 227.93 per USD

PIBs: Light at the end of dark tunnel

Do not get terrified by the shacky macros and default noise. Get ready to bag exorbitant returns- A message for smart investors.

PKR slips by 27 paisa against US dollar

Rising in a downward trail, the Pakistani rupee (PKR) has depreciated by 27 paisa against the US dollar in the interbank session on Monday

IMF delegation, Ishaq Dar to meet on sidelines of Geneva Conference

A delegation of the International Monetary Fund (IMF) delegation will meet with Federal Minister for Finance and Revenue Senator Ishaq Dar on the sidelines....

PKR falls by 71 paisa in a week on plummeting reserves

Amidst melting foreign exchange reserves and the absence of foreign inflows, the pressure on the local unit is piling up ...

Wheat in Sindh spikes to Rs135 per kg, marching towards loot, snatching

Amidst the flood-led destruction in Sindh’s agriculture sector, the shortage of wheat and inflationary pressure...

Govt raises Rs655bn through special T-bills auction

The government on Tuesday raised Rs655 billion from a special auction of treasury bills against a target of Rs300bn

Trade deficit shrinks by 41% YoY in December: PBS

Pakistan's merchandise trade deficit for the month of December 2022 clocked in at $2.85 billion

ECC allows one-year EWT to OGDC

ECC of the Cabinet on Tuesday allowed one-year extended well testing (EWT) with condition that OGDCL ....

ECC approves Rs10bn for liquidity requirement of PSO

ECC of the Cabinet on Tuesday allowed the release of Rs10 billion budgeted subsidy to Petroleum Division and allowed government

PKR kickstarts new year on traditional note, down by 50 paisa

Pakistani rupee (PKR) has kicked off the calendar year 2023 on a negative note as the currency depreciated by 50 paisa against the US dollar

Gold: Investors' heaven in 2022

Despite economic and political melancholy which has disappointed every other citizen during the outgoing year...

Govt keeps petrol prices unchanged

In an attempt to provide some relief to the citizens, the federal government on Saturday decided to keep the petrol prices unchanged. 

Dewan Farooque Motors shifted to Normal Counter: PSX

Pakistan Stock Exchange (PSX) has shifted Dewan Farooque Motors Limited (DFML) from “Defaulters’ Segment” to “Normal Counter”

FBR collects Rs3.43tr in 6MFY23

While demonstrating a remarkable performance in 6MFY23, the Federal Board of Revenue (FBR) has collected Rs3.43 trillion

PKR slips by 79 paisa per USD in a week

Growing concerns about the economic outlook of the country, the Pakistani rupee (PKR) remained under pressure....

Intraday Report: PKR snaps losing streak, up by 47 paisa

In a surprising move, the Pakistani rupee (PKR) on Thursday snapped a losing streak as the local unit has recovered by almost 47 paisa against the greenback. 

PKR falls by 22 paisa against US dollar

Enduring the deprecation spell, the Pakistani rupee (PKR) has further lost its value by 22 paisa against the US dollar

Pakistan not going to default: Ishaq Dar

Pakistan is not going to default as the incumbent government is effectively managing the economic situation of the country by efficiently using its resources

PKR Closing: Slow Burn

Riding on a downward trail, the Pakistani rupee (PKR) depreciated by 33 paisa against the US dollar in today's interbank session

PKR edges lower by 18 paisa against greenback

On the back of rising economic uncertainty, weak fundamentals, and political upheaval, the Pakistani rupee (PKR) remained under pressure...

SBLC extended on agreed terms till Feb 23: SHC

The Standby Letter of Credit (SBLC) in HUBC’s case has been extended on mutually agreed terms till February 23, 2023.

Weekly inflation drops by 0.11%

The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.11% during the week ended December 22, 2022

PKR registers a loss of 71 paisa on gloomy macros in a week

Amidst dwindling macros, plummeting foreign exchange reserves, and political upheaval, the Pakistani rupee (PKR) has weakened by 71 paisa

Telecom Tower Infrastructure accepts offer of acquisition from TPL RMC

Telecom Tower Infrastructure Company has conditionally accepted the offer

Falling Remittances: How to catch breath?

November was the third successive month wherein the workers’ remittances recorded a continuous month-on-month decline in inflows

PKR keeps holding ground against US dollar

Pakistani rupee (PKR) continued to hold its ground against the greenback in the interbank market as the local unit settled the trade at PKR 224.71 per US dollar

PKR remains unchanged at 224.71 per USD

PKR managed to hold its ground in today's trading session as the currency settled at PKR 224.71 per USD

Pakistan 5-year CDS drops by 3,168bps DoD to 5,882bps

Pakistan’s Credit Default Swap (CDS) continued to fall as 5-year CDS recorded a drop of 3,168 bps

IMF terms discussions on 9th review productive

The discussions between the International Monetary Fund (IMF) and the government to date in the context of the 9th review of Pakistan's Extended.....

PKR edges lower by 5 paisa against greenback

Continuing its downward journey, the Pakistani rupee (PKR) has slipped by 5 paisa against the US dollar (USD)

ADB approves $554mn for flood affectees in Pakistan

Asian Development Bank (ADB) has approved $554 million for Pakistan under Flood Assistance Packages

PKR slumps by 71 paisa against greenback in a week

The rising economic woes, plummeting forex reserves, and political noise, the Pakistani rupee (PKR) lost 71 paisa against the US dollar during the week

Agreement for Reko Diq revival declared legal: SC

The Supreme Court (SC) on Friday declared that the settlement agreement between Barrick Gold and the government in the Reko Diq mining project is legal.

Sazgar Engineering sells 533 units of three-wheeler in November

Sazgar Engineering Works Limited (SAZEW) sold 533 units of Auto Rickshaw during the month of November 2022

NICL to setup wholly owned subsidiary in Uzbekistan

The board of directors of Nimir Industrial Chemicals Limited (PSX: NIMIR) on Friday approved the establishment 100% owned subsidiary

RDA: Inflows reach $5.43bn in November

Foreign exchange inflows through Roshan Digital Account (RDA) have reached $5.43 billion by November 2022 since its launch in September 2020

PKR on losing spree, closes at 224.37 per USD

Drip by drip, the Pakistani rupee (PKR) is losing its ground on rising economic woes as the local unit has depreciated by 21 paisa against the US dollar

Home prices to see decline on lower growth: Fitch Ratings

Higher mortgage rates will weigh heavily on demand and home prices through 2023 and into 2024,

Pakistan to become 6th largest economy by 2075

Pakistan will likely become the world's 6th largest economy by 2075 if appropriate policies are taken into consideration.

PSX Closing Bell: 100-Index recovers by 279.35 points

The capital market on Wednesday witnessed a bullish session

PKR edges lower by 5 paisa

Amid rising uncertainty over the economic outlook of the country, the Pakistani rupee (PKR) registered a loss of 5 paisa on Wednesday

No flames too wild, Stop panicking

With the rising noise regarding sovereign default on melting reserves and the recent round of currency depreciation, the anxiety among market participants is

World GDP to grow by 1.4% in 2023, forecast revised again: Fitch Ratings

World GDP will likely grow by 1.4% in 2023, revised down from 1.7% in the September 2022 Global Economic Outlook (GEO)

SHC grants stay in HUBCO’s case

In a major breakthrough, the Sindh High Court (SHC) has granted a stay order on the instant high court appeal filed by Hub Power Company Limited (HUBCO)

UNITY to invest further Rs1.9bn in Sunridge Foods

The board of directors of Unity Foods on Monday approved a further equity investment of Rs1.9 billion in Sunridge Foods (Private) Limited

PKR sheds 22 paisa against USD

After holding its ground for over a week, the Pakistani rupee (PKR) has depreciated by 22 paisa against the US dollar in today's interbank session

Pakarab Fertilizers to amalgamate with FATIMA

The board of directors of Fatima Fertilizer Company Limited (PSX: FATIMA) on Monday approved a business expansion plan to further consolidate all the fertilizer

ECC okays lowest bid to import wheat from Cereal Crop at $372/MT

The Economic Coordination Committee (ECC) of the Cabinet on Monday approved the lowest bid from Cereal Crop Trading LLC at $372 per MT

Cement despatches edges lower by 16.8% YoY in November

Cement despatches decreased by 16.8% YoY in November 2022 to 4 million tons compared to the same month last fiscal year

Cotton arrivals plummet by 40% as on Dec 1

Cotton arrivals at the ginneries have declined by 40.28% as the crop’s output has fallen to 4.28 million

Govt allows GCIL to setup calcium carbide manufacturing plant

Govt allows GCIL to setup calcium carbide manufacturing plant

Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators 

PKR edges higher by 25 paisa in a week

In response to the inflows of $500 million from the Asian Infrastructure Investment Bank (AIIB), the Pakistani rupee (PKR) has gained 25 paisa

SPI: Weekly inflation down by 0.16%

The weekly Sensitive Price Indicator (SPI) for the combined group decreased by 0.16% during the week ended Dec 01, 2022,

Textile exports slump by 19% YoY in November

$3bn lifeline: Saudi Arabia extends term deposit

The Saudi Fund for Development (SFD) has extended the term for the deposit provided by Saudi Arabia in the amount of $3 billion to the State Bank of Pakistan

OGRA increases LPG price by Rs11.7 to Rs216/kg for December

The Oil and Gas Regulatory Authority (OGRA) has increased the price of Liquefied Petroleum Gas (LPG) by Rs11.7 per kg for domestic and commercial consumers

OMCs: Oil sales down by 12% YoY in November 2022

Pakistan’s oil marketing companies (OMCs)’ sales declined in November 2022 by 12% YoY and 7% MoM to 1.55 million tons (MTs)

Govt increases OMCs margins by up to Rs5/litre

The government has increased the margins on MS and HSD for Oil and Marketing Companies (OMCs) to Rs4 and Rs5 per litre

THCCL increases cement price by Rs1200/MTs

In the wake of rising input cost, the management of Thatta Cement Company Limited (PSX: THCCL) has decided to increase prices

Govt extends income tax returns filing date till Dec 15

The Federal Board of Revenue (FBR) has extended the date of filing Income Tax Returns up to December 15, 2022

Govt slashes Kerosene price by Rs10, keeps Petrol, HSD unchanged

The federal government on Thursday decided to slash the price of Kerosene oil by Rs10 per litre in order to provide relief to low-income people

CPI Preview: Inflation likely to ease at 25% in November

the headline inflation, with a relatively stable economic landscape, will likely ease at 25% YoY in November 2022

REER appreciates to 100.4 in October

The Real Effective Exchange Rate (REER) index was recorded at 100.04 in October 2022, showing a hike of 10.63% MoM

RBI to launch digital rupee on Dec 1

The Reserve Bank of India (RBI) is all set to launch the first pilot for retail digital Rupee or e-rupee on December 1

ARM demerges in to rental, logistic business

The certificate holders of Allied Rental Modaraba (ARM) have resolved the company to be divided into two undertakings

PIBTL terms queries pertaining to coal supply ordinary course of business

In response to the inquiry letter by PSX, Pakistan International Bulk Terminal Limited (PIBTL) clarified that the company has a terminal designed

PSX Closing Bell: 100 index recovers by over 302 points

Bulls made a comeback on Tuesday which boosted buying activity across the board at the Pakistan Stock Exchange (PSX)

PKR remains stable at 223.95 per USD

PKR remains stable at 223.95 per USD

EnVen Plant to resume operations from December 6: EFERT

EnVen Plant at Engro Fertilizer Limited (PSX: EFERT) is expected to resume its operations from December 06, 2022

Intraday Report: PKR gains 20 paisa per USD on inflows worth $500 from AIIB

Pakistani rupee (PKR) has gained 20 paisa against the greenback in the interbank market

HUBCO: Suffering for no good reason

HUBC is witnessing a messy round on behalf of the government to fulfill its commitment with all China Pakistan Economic Corridor (CPEC) power producers

Banking sector shows robust performance in 1HCY22: SBP

The sustained economic activity during 1HCY22 supported the expansion of the banking sector balance sheet by 16%

PSX Closing Bell: 100 index falls by over 865 points on rising interest rate

Pakistan equities witnessed a bloodbath on Monday as the trading floor endured huge selling pressure, losing 865.39 points

PKR stays flat at 223.95 per USD

PKR remained stable in today's trading session against the greenback in the interbank market as the currency settled the trade at PKR 223.95 per USD

Al Shaheer to increase paid-up share capital by around 75mn shares

Al Shaheer to increase paid-up share capital by around 75mn shares

Al Shaheer increases authorized capital to Rs4bn

Al Shaheer Corporation Limited (PSX: ASC) have resolved to increase the authorized capital of the company from Rs3 billion to Rs4bn by the creation...

Universal Network receives offer from a fintech to acquire 20% shares

Universal Network Systems Limited (PSX: GEMUNSL) has received an offer from a Fintech company for the acquisition of its 20% stake holding

Govt authorizes utilization of development funds worth Rs241bn

The federal government has authorized the utilization of development funds amounting to Rs241.26 billion out of a total allocation of Rs727bn

SBP refutes holding payments to Google

The State Bank of Pakistan on Saturday rebutted the news circulating regarding certain payments to Google that are stuck at the central bank

Key Pakistan Market Stats and Economic Indicators

Key Pakistan Market Stats and Economic Indicators

PKR slides by 77 paisa against USD in a week

On the back of bleak macros and rising dollar demand, the Pakistani rupee (PKR) has weakened by 77 paisa against the US dollar in a week

PACRA assigns PABC initial entity rating A+

PACRA assigns PABC initial entity rating A+

SPI increases by 0.48% WoW

SPI increases by 0.48% WoW

APAC banks to remain steady despite economic headwinds in 2023: Fitch Ratings

The banking sector outlook for the emerging markets (EMs) and developed markets (DMs) in the Asia-Pacific (APAC) is neutral

50.54mn birds wiped out in US due to Avian flu

50.54 million birds have been wiped out due to Avian flu, the deadliest outbreak in the history of the United States, U.S. Department of Agriculture data showed

KEL assured full support by provincial govt on BRT project

The government of Sindh representatives and Commissioner Karachi Mr. Muhammad Iqbal Memon assured their complete support to K-Electric

Delegation to visit Russia for negotiation to buy oil, gas

The National Assembly was informed on Wednesday that a high-power delegation will soon visit Russia to negotiate any possibility of long-term cooperation

Textile sector demands to restore GST no-payment, no-refund system

The value-added textile associations in a joint press conference held today at PHMA House Karachi have demanded the government to restore the SRO-1125

PKR edges lower by 11 paisa against greenback

Riding on a downward trail, the Pakistani rupee (PKR) has depreciated further by 11 paisa against the US dollar

MPS preview: SBP will likely keep policy rate unchanged at 15%

The market participants expect MPC to keep the policy rate unchanged at 15%

HUBCO initiates legal proceedings against encashment notice

HUBCO initiates legal proceedings against encashment notice

Google is all set to start operations in Pakistan

A major breakthrough, the tech giant Google is all set to begin its operation in Pakistan by the end

Timely finalization of flood recovery plan essential to support discussions: IMF

Timely finalization of the flood recovery plan is crucial to support the discussions, along with continuing financial support from multilateral partners

PKR slumps by 39 paisa per USD

After taking a breather yesterday, the Pakistani rupee (PKR) joined back its downward course as it depreciated by 39 paisa

EnVen Plant trips on technical fault: EFERT

The EnVen plant of Engro Fertilizers Limited (EFERT) tripped today and has temporarily been shut down

EFERT shuts down fertilizer plant from 24 November till 18 January

Engro Fertilizers Limited (PSX: EFERT) has temporarily shut down the fertilizer plant at Port Qasim from November 24, 2022, to January 18, 2023

Azerbaijan removes CD on rice import from Pakistan

 Azerbaijan has removed Custom Duty (CD) on rice import from Pakistan for five years till 2027

SECP grants license to Cordoba Leasing to carry out business as NBFC

SECP has granted the license to CLL to undertake leasing business as NBFC

PKR breaks losing streak, gains 25 paisa/USD

Snapping its 6-day losing streak, the Pakistani rupee (PKR) has gained some of its ground back by 25 paisa against the US dollar

Monetary Policy to be announced on Friday

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Friday

UAE expresses keen interest to invest in Balochistan

UAE expresses keen interest to invest in Balochistan

High time for Pakistani businessmen to invest in Ethiopia: Envoy

It is high time for Pakistani businessmen to invest in Ethiopia which has lucrative opportunities in different economic sectors

KOHC focusing to improve cost efficiency

KOHC will likely add a cement capacity of 11 million tons (MTs) during FY23 while 16 MTs shall be added in the next three years

Ishaq Dar orders investigation into tax information leakage

Senator Mohammad Ishaq on Monday directed for an immediate investigation into illegal and unwarranted leakage of tax information

MEBL, PMRC join hands to promote Islamic housing finance

Meezan Bank, Pakistan’s leading Islamic bank and Pakistan Mortgage Refinance Company (PMRC) inked a Master Musharakah agreement

PKR slips by 49 paisa against greenback

Maintaining its long losing streak, the Pakistani rupee (PKR) has depreciated by 49 paisa against the US dollar

Will rising rates in west put RDA investment at risk?

Will rising rates in west put RDA investment at risk?