Staff Report Topline Banking Universe is likely to post a 12% QoQ decline in Pakistan Banks’ earnings in 1Q2025, amid a fall in Net Interest Income (NII) and Non-Interest Income. NII of the banks in the Universe is expected to decrease by 11% QoQ to Rs279bn due to (1) a decline in the average policy…
Staff Report Belarus — Federal Minister for Commerce of Pakistan, Jam Kamal Khan, highlighted growing bilateral cooperation between Pakistan and Belarus during his address at the Pakistan-Belarus Business Forum held in Belarus. Speaking to a foreign media journalist, the minister shed light on the strengthening relationship and the mutual interest in expanding economic and industrial…
Staff Report The Pakistan Stock Exchange remained under significant pressure today, as mounting uncertainty over potential U.S. tariff measures reverberated across global financial markets. In line with the negative trend witnessed in international equities, the local bourse experienced heightened volatility throughout the session. The benchmark KSE-100 index experienced significant intraday pressure, plunging as much as…
Staff Report Karachi – The eastern Turkish province of Erzurum, designated as the Economic Cooperation Organisation (ECO) Tourism Capital of 2025, is set to host the Palandöken Economic Forum on April 26-27, 2025. Founded as the Regional Cooperation for Development (RCD) in 1964 by the Islamic Republic of Iran, Islamic Republic of Pakistan and the…
Staff Report ISLAMABAD — Pakistan’s economy is showing signs of stability and recovery with growth in FY2025 (ending 30 June 2026), as the effects of tight macroeconomic policies and progress in economic reforms took hold. According to the Asian Development Outlook (ADO) April 2025, the Asian Development Bank’s (ADB) annual flagship economic publication, Pakistan’s real gross…
Staff Report Islamabad: In the aftermath of tariff war, initiated by US and retaliated by other nations, the Bloomberg commodity index has declined 8% in last 3 sessions. Within this, crude oil prices (brent) and Richards Bay Coal Future (April) are down by 14.3% to US$64.2/bbl and 6.1% to US$88.5/ton. The falling commodity prices shall…
Staff Report Islamabad: Pakistan and Denmark have pledged green shipping and reaffirmed their commitment to enhancing global trade competitiveness by modernizing Pakistan’s maritime infrastructure, improving port efficiency, and adopting sustainable practices. This was emphasized during a meeting between Federal Minister for Maritime Affairs, Junaid Anwar Chaudhry, and Danish Ambassador to Pakistan, Jakob Linulf here on…
Staff Report Following global market crash Pakistan Market lost 3.3% on Monday owing to the escalating tariff war initiated by USA and subsequently retaliated by other nations. After hitting a Halt when it fell 5% trading resumed after cooling period and saw some value buying At sector level, Oil and Gas exploration sector, Technology, and…
Staff Report The United States of America (USA) has imposed reciprocal tariffs on its trading partners including Pakistan, aiming to boost domestic manufacturing by making foreign imports expensive and to raise revenue. The reciprocal duties ranges from 10-48%, which reportedly is in addition to universal tariff of 10% on all countries. The reciprocal duties are…
Staff Report KSE-100 index companies posted earnings of Rs 1.62 trillion in 2024, marking a 1% year-on-year (YoY) decline from Rs 1.64 trillion in 2023. In US dollar terms, profitability stood at $5.8 billion, also down 1% YoY. Excluding Exploration & Production (E&P) companies, corporate profitability improved by 8% YoY to Rs 1.25 trillion. However,…