Pakistan Strategy: Rebalancing Outflow; Selling of US$83mn by Sep 2024
Based on the Sep 2024 holding analysis, the FTSE benchmarked fund, Vanguard (the fund), has sold approx. US$82.5mn worth of stocks by Sep...
318 Views
Pakistan Market Outlook | Strategy - Index to Reach 87k by Dec 2024, 106k by Jun 2025
We have revisited our target PE for Dec 2024 after incorporating Pakistan's successful completion of US$3bn stand-by agreement with IMF and...
651 Views
Pakistan Equity - Flash Note; Oil & Gas Exploration
Government of Pakistan under the IMF program has sizably increased the gas prices by ~75% in Nov-2023 and ~20% in Feb-2024 to contain the annual...
346 Views
Pakistan Strategy: Record Corporate Profitability in 1QFY24
KSE index companies recorded highest ever quarterly earnings (PAT) of Rs417bn up 52% YoY (+16% YoY in US$) in 1QFY24, which is higher than...
470 Views
Pakistan Strategy - ECC approved gas price hike; Implications on Economy & Sectors/Companies
In a much-awaited development, the Economic Coordination Committee (ECC) of the cabinet approved a weighted average gas price hike of 70-75% for...
445 Views