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RESEARCH REPORTS

BMA In Focus: Pakistan Strategy - Bearish spell...

The recent escalation in the US–Iran conflict is likely to weigh heavily on investor sentiment toward Pakistan’s equity markets. Global markets have r

BMA In Focus - Fertilizer Sector Preview CY25e:...

Fertilizer earnings to increase by 15% YoY We project that earnings across the BMA Fertilizer universe will rise by 15% YoY to PKR 149bn in CY25. The

BMA In Focus: : Fatima Fertilizer Company Limit...

We initiate our coverage on Fatima Fertilizer Company Limited (FATIMA), a leading player in Pakistan's fertilizer space, with a BUY rating. Our Dec26

LATEST NEWS

Talks with IMF in progress: Aurangzeb...

Finance Minister Muhammad Aurangzeb said on Tuesday that the International Monetary Fund's (IMF) delegation, which cut short its visit and left Islama

Iran war: Pak plans to import oil via Red Sea...

Amid tensions in the Gulf region, the government has planned to import oil through the Red Sea from Saudi Arabia and the United Arab Emirates (UAE) du

Budget 2026-27: MoC seeks tariff-related propos...

The Ministry of Commerce (MoC) has sought tariff-related proposals from key Chambers of Commerce and Industry associations for the Federal Budget 2026