Islamabad, In an unexpected turn of events, the recent national elections in Pakistan have resulted in a hung parliament, defying pre-election surveys and analyst predictions. The Pakistan Tehreek-e-Insaf (PTI)-backed independents have emerged as the l…

Islamabad, Mari Petroleum Company Limited (MARI) has been spotlighted for substantial growth potential, with a target price of PkR3,100 per share by December 2024, marking a significant 36% upside from its recent close. This optimistic forecast is back…

Karachi, The Pakistani cement industry faced a notable downturn in January 2024, with dispatches sliding by 15% year-over-year, influenced by a slowdown in private construction activities and a pause in major public projects due to ongoing elections. T…

Lahore, Fauji Foods Ltd (FFL) has set an ambitious target to reach a top-line of Rs100 billion by 2028, following a significant turnaround in its financial performance in CY23. The company reported record revenues, an increase in gross margins, and a p…

Islamabad, The circular debt issue within Pakistan’s energy sector, significantly affecting state-owned companies like OGDC, PPL, and PSO, has led to a reduction in reinvestment and exploration activities due to the financial strain of growing energy n…

Karachi, The Pakistani fertilizer sector is anticipated to witness a slight decrease in urea sales for January 2024, with projections indicating a 3% year-on-year drop to 613,000 tons. As per a report from JS Research, the decrease in urea sales is com…

Islamabad, Pakistan’s stock market is poised for a period of consolidation after the KSE-100 index failed to maintain its intraday peak, closing slightly higher amidst varying investor sentiments, a detailed technical analysis from JS Research revealed…

Karachi, In the latest trading session, the KSE-100 index experienced a volatile market but managed to conclude with gains. The index, which opened positively, reached a high of 758 points before settling at 61,979 points, marking an increase of 137 po…

Karachi, In the latest trading session, the KSE-100 index experienced a volatile market but managed to conclude with gains. The index, which opened positively, reached a high of 758 points before settling at 61,979 points, marking an increase of 137 po…

Karachi, In a month characterized by political unrest and escalating tensions between Pakistan and Iran, the Karachi Stock Exchange’s KSE-100 index experienced a marginal decrease of 0.8% in January 2024. Despite positive macroeconomic indicators, the …