Economy

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…

5 months 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…

5 months 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.

5 months 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…

5 months 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…

5 months 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…

6 months ago

Petroleum product sales surge in May 2024

The overall off-take rose by 26% compared to April 2024 and 7% compared to May 2023, reaching approximately 1.4 million…

6 months ago

April 2024 textile exports: seasonal challenges remain

The latest report on textile exports highlights several important trends and changes within the industry for April 2024.

6 months ago

The budget likely to continue prioritizing agriculture sector

JS Research has just released an update on its coverage of the agriculture and fertilizer sectors. The research house has…

6 months ago

Food sector’s revenue growth slows in 1QCY24

The research house has highlighted the challenges and prospects for the industry, noting a slowdown in revenue growth to 10%…

6 months ago