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RESEARCH REPORTS

BMA In Focus: Pakistan Federal Budget 2025-2026...

Pakistan’s Federal Budget for 2025-26 has focused on balancing austerity with targeted relief. Under the IMF’s guidance, the government is targeting l

BMA In Focus: Pakistan Economy - Budget FY25-26...

The Finance Minister has announced the Budget for Fiscal Year FY25-26 with a total outlay of PKR 17.5 TN (6.9% lower than last year) and total revenue

BMA In Focus: Maple Leaf Cement Factory Ltd. (M...

We reiterate our BUY stance on Maple Leaf Cement (MLCF) with a revised June 2026 Target Price (TP) of PkR 126/share, offering a potential upside of 66

LATEST NEWS

Current account turns negative in May as import...

Pakistan's current account fell into deficit in May, reversing the small surplus posted in the previous month as higher imports offset the rise in rem

BUDGET FY26: Balochistan govt presents Rs1,028b...

The PPP-led coalition government in Balochistan on Tuesday presented a surplus budget for the financial year 2025-26, with a total outlay of Rs1,028 b

Apr LSMI output grows 2.29pc YoY...

The large-scale manufacturing Industries (LSMI) of the country has registered an increase of 2.29 percent in April 2025 to 108.37 compared to last yea