By Aftab Ahmed | January 6, 2026

Topline Securities expects a 36% total return on GlaxoSmithKline Pakistan Limited by December 2026, driven by earnings recovery, margin expansion, and resumed dividend payouts. Topline has initiated its coverage on GlaxoSmithKline Pakistan Limited (GLAXO) with a BUY and Dec 2026 target price of Rs525/share, providing a total return of 36%, including a dividend yield of…

By Aftab Ahmed | January 5, 2026

Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Monday inaugurated Pakistan’s first Fishing Technology Museum and soft launched the Mahi-Dost digital traceability app, aimed at promoting sustainable fisheries management and boosting export competitiveness. Located in Karachi, the museum traces the evolution of fishing practices, from traditional artisanal methods to advanced modern technologies, positioning…

By Aftab Ahmed | January 5, 2026

The Securities and Exchange Commission of Pakistan (“SECP”) has notified amendments to the Real Estate Investment Trust Regulations, 2022 (“REIT Regulations”) to simplify procedures, improve governance and control mechanisms, and encourage greater transparency and objectivity in the operations of REIT Schemes. The amended regulations establish clearer timelines for the transfer of real estate and shares…

By Aftab Ahmed | January 5, 2026

The KSE-100 Index on Monday made a new historical record and reached an intraday high of 183,964.37 before easing slightly towards the end. It closed at 182,408.23, registering an increase of 3,373.31 points or 1.88%. Pakistan stocks on Monday surged in early trading as the KSE-100 Index crossed 181,000 intraday for the first time. Bulls…

By Aftab Ahmed | January 1, 2026

Pakistan equities emerged as the second-best performing asset class after gold in CY25, with the KSE-100 Index delivering a robust 51% return following three consecutive years of strong gains. However, Performance during the year was heavily concentrated in 2HCY25. The market returned was subdued in 1HCY25 amid elevated geopolitical tensions (India–Pakistan and Israel–Iran), while 2HCY25…

By Aftab Ahmed | January 1, 2026

It imposes Rs2.36bn Penalties, Recovers Rs933m; Issues 47 Show-Cause Notices During 2025, the Competition Commission of Pakistan (CCP) imposed penalties of Rs2.363 billion, recovered Rs932.56 million, and issued 47 show-cause notices to undertakings involved in cartelization, price-fixing, prohibited agreements, and deceptive marketing practices. During the year, the CCP made significant progress in reducing its court…

By Aftab Ahmed | December 31, 2025

National Accounts Committee (NAC) released GDP estimates for 1QFY26, showing growth of 3.7% YoY, which isthe highest first quarter growth in 4 years and higher than the last 8 years’ average 1Q growth of 3.3%. While the committee has also revised up FY25 growth estimates marginally to 3.09% from earlier 3.04%. The growth estimates of…

By Aftab Ahmed | December 31, 2025

Islamabad: Pakistan plans to set up four new sea ports along with coast line to boost economic activity. The government has realized that the country’s existing port capacity will be full by 2035 to 2040 and would require three to four new ports.   Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry stressed balancing…

By Aftab Ahmed | December 30, 2025

ISLAMABAD: The Competition Commission of Pakistan (CCP) has significantly conducted research in 2025 by releasing competition assessment studies across critical sectors, including insurance, power, gold, pesticides, steel, LNG, road infrastructure, sugar, and fertilizer. To strengthen evidence-based policymaking, the CCP said in a statement that it has recently established a Centre of Excellence in Competition Law…

By Aftab Ahmed | December 30, 2025

Pakistan’s Consumer Price Index (CPI) for Dec 2025 is expected to clock in at 5.75-6.25% YoY compared to 6.15% in Nov 2025 and 4.07% in Dec 2024. On a MoM basis, inflation for Dec 2025 is projected at -0.18%. During 2025, Inflation is likely to average 3.54%, the lowest yearly inflation in a decade, compared…