March 18, 2023 Pakistan: IMF assistance too near but too far There are no known reasons about what is causing delay in IMF Staff Level Agreement. According to media reports the Fund seeks assurances from…
March 3, 2023 Pakistan Stock Exchange average daily trading volume increases 16%WoW The benchmark index of Pakistan Stock Exchange closed the week on March 03, 2023 at 41,337 points, depicting an increase of 1.55% over the…
March 2, 2023 Pakistan: Takeaways from central bank briefing after 300bps hike in interest rate The State Bank of Pakistan (SBP) on Thursday increased the benchmark policy rate by 300bps to 20%. It noted that the recent fiscal adjustments (mini-budget)…
March 1, 2023 Pakistan: Monetary Policy or Mockery State Bank of Pakistan (SBP) was scheduled to announce Monetary Policy on March 16, 2023. However, on February 28, the central bank announced to…
February 27, 2023 Attock Petroleum posts 1HFY22 net profits of PKR5.5 billion Attock Petroleum (APL) has posted profit after tax of PKR1.2 billion (EPS: PKR10.03) for 2QFY23, down 71% QoQ and 70% YoY. The result came…
February 27, 2023 Pakistan Petroleum posts net profit of PKR138.2 billion for 1HFY23 Pakistan Petroleum (PPL) reported its 2QFY23 earnings earlier today, posting profit after tax of PKR 22.17 billion (EPS: PKR8.15) for the quarter, lower by…
February 27, 2023 Pakistan Petroleum profit after tax for 1HFY23 likely to go up 60%YoY Pakistan Petroleum (PPL) is also scheduled to hold its Board meeting on Monday. Analysts expect the Company to post profit after tax of PKR49.2…
February 27, 2023 Attock Petroleum to post loss after tax for 2QFY23 Attock Petroleum (APL) is expected to announce its 2QFY23 financial result on Monday. Analysts expect the company to post loss after tax of PKR135…
February 25, 2023 Pakistan Stock Exchange witnesses 10.4%WoW decline in average daily trading volume During the week ended on February 24, 2023, Pakistan Stock Exchange remained volatile due to news flows regarding the IMF deal and approval of…
February 24, 2023 OGDC profit down 22%QoQ Pakistan’s largest exploration and production company, Oil & Gas Development Company (OGDC) has reported its 2QFY23 financial results, posting profit after tax of PKR…