Markets
Pakistan stocks end positive buoyed by strong earnings in cement sector
Disappointing pharmaceutical earnings dampened overall market sentiment
Feb 20, 2025
Feb 20, 2025
Disappointing pharmaceutical earnings dampened overall market sentiment
The transaction poses a risk of substantially lessening competition in the telecommunications sector
Fertilizer, technology and automobile sectors led the rally
Lower net interest earned, higher provisioning and increased non-interest expenses impacted earnings
Lower effective tax rate and robust growth in non-interest income drove profitability
Deal marks significant return on investment for Lotte Chemical
Barkat Frisian is the first pasteurized egg company to be listed on the PSX
Strong textile exports, dividend surprises and speculation over IMF talks lift sentiments
Initial optimism fades as market slips into negative territory
President Xi Jinping hosts China's tech leaders in Beijing
Company management does not foresee major operational disruptions in 2025
Developed in collaboration with the IFC, the project aims to strengthen local production capacity and reduce import dependency
Market activity remained range-bound amid mixed investor sentiment and cautious trading.
Growth to be led by banks, oil & gas exploration and marketing companies
PPL pledges PKR 60 billion to Balochistan, focus on CSR initiatives
Oil & gas exploration and marketing companies, commercial banks remained the laggards
Company will setup EV chargers at numerous PSO locations across Pakistan
The company doesn't have a lot of competition, is backed by experienced sponsors, and is shariah-compliant
Mixed earnings reports contribute to market uncertainty and selective investing
Company’s petroleum offtakes surge despite 3% drop in sales revenue