Shahbaz Ashraf

Business Consultant

Seasoned Investment Professional | CFA | 17+ Years of Experience in Equity Research, Valuation & Advisory Seasoned investment professional with over 17 years of experience in equity research, financial analysis, valuations, and investment advisory—primarily focused on financial services firms, including equity brokerages, asset management companies, and family offices. Skilled in financial modeling, portfolio management, and evaluating multi-asset investment opportunities. Known for delivering data-driven insights and actionable strategies tailored to both institutional and private clients. Holds a BBA and MBA in Finance from the Institute of Business Management (IoBM), Karachi, and is a Chartered Financial Analyst (CFA).

Fields of Expertise

Business

Education

Institute of Business Management / CFA Institute

Past Organizations

FRIM Ventures (Pvt.) Limited, Lakson Investment (Pvt.) Limited, Arif Habib Limited, Askari Investments (Pvt.) Limited, Macquarie International, Taurus Securities, Board Member - CFA Society Pakistan

Shahbaz Ashraf

Fields of Expertise

Education

Past Organizations

PSX ends choppy week with modest 0.37% gain

A late-week rally, fueled by easing tensions and speculation over a resolution to the gas circular debt, pushed the index up 689 points

Corporate earnings of FCEPL, AICL, and HTL

Watch the video for the full analysis

PSX rallies 3% amid strong mutual fund inflows

Leading the charge were banking and fertilizer sectors, once again delivering strong performance

Corporate earnings of FABL, ATRL, and GCIL

FABL posted earnings per share (EPS) of PKR 3.29 and announced an interim dividend of PKR 1.5 per share

PSX opens 2026 with strong uptrend

Nukta’s Shuja Qureshi and Shahbaz Ashraf sit down with Dr. Amjad Waheed, CEO of NBP Funds, to unpack the outlook for PSX in 2026

Results review: MLCF, ISL, and FFL

MLCF reported a 25% drop in first-quarter earnings, while ISL posted a strong 26% increase in net revenue