Markets
Pakistan stocks set for rally as rate cut hopes, IMF deal offset geopolitical risks
Brokers flag cement, banks as top picks amid easing inflation and border tensions
May 03, 2025
May 03, 2025
Brokers flag cement, banks as top picks amid easing inflation and border tensions
Diplomatic assurances, record-low inflation drive market recovery
Analyst says market provides a favorable entry point for those willing to look beyond short-term noise
Banking and cement sectors show growth while energy, textiles struggle in nine months
Nukta reveals the difference in points as well as the reasons behind them
Investor sentiment plummets as Islamabad warns of possible military strike within 24 hours
Lower hydrocarbon production and exchange rate variance weigh on earnings
Market rallies on eased margin selling, news of IMF meeting on May 9
Lower oil & gas output, weak crude prices drag earnings below market expectations
A key factor contributing to the profit drop was a 26% YoY decrease in urea offtake, which impacted overall profitability
Escalating India-Pakistan friction sparks market selloff, drags key sectors lower
Management says contingency plans in place; minor financial hit expected from shift to alternative suppliers
Current account surplus and lower inflation projected in FY25
Investors eye diplomatic developments and economic strategies amid rising regional uncertainty
Measures include aligning derivatives taxes, boosting REITS, scrapping bonus share tax
Strong earnings, global market momentum drive PSX gains despite volatility
Dollar hits 15-month high in the inter-bank market
Despite earnings decline, bank maintains dividend, eyes recovery in second half
Gross margins improved due to decline in coal prices and grid rates
Pakistan Stock Exchange drops as geopolitical tensions, highway blockade, and IMF downgrade weigh on market sentiment