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RESEARCH REPORTS

Pakistan Annual Strategy - 2026: Well Positione...

Our target for the KSE100 index in CY26 is 215,000 points, with Pakistan equities potentially offering a return of 26%. Market multiples have improved

Sazgar Engineering Works Ltd. (SAZEW) - Robust ...

Initiating coverage with a BUY: We initiate coverage on Sazgar Engineering Works Limited (SAZEW) with a BUY rating. Our June 2026 target price for the

BMA In Focus: : Gharibwal Cement Limited (GWLC)...

Initiating coverage with a BUY We initiate coverage on Gharibwal Cement Limited (GWLC) with a BUY rating. Our Jun 26 target price for the stock stand

LATEST NEWS

Pakistan receives $3.6bn in remittances in Dece...

The inflow of overseas workers' remittances into Pakistan stood at $3.59 billion in December 2025, the State Bank of Pakistan (SBP) data showed on Fri

SBP forex reserves rise by $141m to $16.1bn...

Pakistan's foreign exchange reserves held by the central bank increased by $141 million to $16.056 billion during the week ending January 2, the State

Smaller Pakistani, Japanese banks deliver highe...

Smaller lenders in Pakistan and Japan delivered some of the highest total returns to investors among banks in Asia-Pacific in 2025, tracking the rally