July 1, 2019 Does SBP Governor understand intricacies of Pakistan economy? Analysts seem to have the reasons to believe that new Governor of State Bank of Pakistan, Reza Baqir, has not understood the intricacies of…
June 7, 2019 Why Trump wants talks with Iran without any preconditions? Decades ago I had heard, “Thugs have a common interest ‘make money’; they cooperate, facilitate and protect each other, though they may appear to…
May 25, 2019 Pakistan stock market posts robust recovery The week ended 24th May 2019 marked substantial recovery at Pakistan Stock Exchange (PSX), with benchmark index gaining 2,537 points, up 7.65%WoW to close…
April 30, 2019 Hascol Petroleum first quarter profit declines by 8%YoY Hascol Petroleum (HASCOL) has announced financial results for 1QCY19. The Company has posted profit after tax of Rs675 million (EPS: Rs3.39), down 8%YoY. However, this…
April 28, 2019 Mari Petroleum discovers oil near Rawalpindi Mari Petroleum Company (MPCL) has discovered oil reserves at Dharian-l ST-3 well located near Gujar Khan, Rawalpindi district in Punjab ‑ Pakistan. Drilling at the well…
April 26, 2019 Meezan Bank posts 49%YoY increase in quarterly profit Pakistan’s first and the largest Islamic bank, Meezan Bank Limited (MEBL) has posted profit after tax of Rs2.9 billion (EPS: Rs2.4) for 1Q2019, up…
April 22, 2019 Pakistan State Oil Company announces 50% interim dividend Pakistan State Oil Company (PSO) has released results for 9MFY19. Along with the result, company also announced an interim cash dividend of Rs5/share. The…
April 20, 2019 Engro Fertilizers post 3%YoY growth in profit Engro Fertilizers (EFERT) has posted 3%YoY growth in its 1Q2019 profit, which was better than market expectations, mainly on the back of one-off gain…
February 14, 2019 Boosting exports from Pakistan Historically, Pakistan has suffered from adverse balance of payment, because its exports are not enough to finance imports. The policy makers have been fiddling…
January 27, 2019 National Bank of Pakistan: A Responsible Corporate Citizen National Bank of Pakistan (NBP) is a public sector commercial Bank of the country that is fully aware of its social obligations. Over the…