Economy

A year of recovery, economic survey FY24

The Pakistan Economic Survey for FY24 was recently presented by the Finance Minister and other government officials,

3 weeks ago

MWMP receives acquisition intent to acquire 74.41% shares

MANDVIWALLA MAUSER PLASTIC INDUSTRIES LIMITED (MWMP) announces the targeted 74.41% share acquisition by MESKAY & FEMTEE

3 weeks ago

SBP starts monetary easing on receding inflationary pressures

State Bank of Pakistan (SBP) has started the monetary easing cycle with its first rate cut in almost four years.…

3 weeks ago

SBP Cuts Policy Rate by 150bps: Implications for Pakistan’s Economy

The State Bank of Pakistan (SBP) has announced a significant policy rate cut of 150 basis points (bps), bringing the…

3 weeks ago

SUV May Sales to Improve – Which stocks will benefit?

The auto sales figures for May 2024 reveal a mixed performance among Pakistan's leading car assemblers. Overall, the sales of…

3 weeks ago

Steady growth in remittances supports Pakistan’s current account

Pakistan saw a significant boost in remittances, reaching an all-time high of $3.2 billion. This represents a 15% increase from…

3 weeks ago

Historical Impact of Capital Gain and Dividend Tax changes on PSX

The changes in CGT and dividend taxes have shown varied impacts on the market.

4 weeks ago

A 100bps cut expected in Jun’24 MPC as inflation gives breathing room

It is anticipated that the MPC will opt for a dovish rate cut of 100 basis points (bps), reducing the…

4 weeks ago

FFC leads May 2024 fertilizer sales despite overall decline in Urea and DAP offtake

The fertilizer market in Pakistan saw a significant decline in offtake for May 2024, according to recent data. Both Urea…

4 weeks ago

Cement dispatches reach 9-month high in May 2024

Cement dispatches in May 2024 reached a nine-month high of 4.28 million tons, reflecting a significant increase of 45% compared…

4 weeks ago