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Showing posts from December, 2023

daily check

KSE-100 is expected to continue its positive momentum due to further monetary easing driven by improving external account position and continuous focus on re forms amid political stability. We anticipate the KSE-100 Index to post a robust re turn of 53.0% in CY26 and to achieve a historic benchmark of US$100bn market capitalization, primarily driven by higher sustainable RoEs of banks, enhanced profitability along with improving cash flows of E&P and OMCs, and robust profita bility of fertilizers. Market to reach 263,800 by Dec’26 on macroeconomic stability: KSE-100 Index is expected to continue its positive momentum in CY26, as a sustained focus on re forms and an improving external account position, amid political stability, are likely to create room for further monetary easing. Subdued returns on alternative asset classes, coupled with a stronger currency, are expected to make equities the pre ferred investment choice in CY26. We forecast the KSE-100 Index to reach 263,800 by De...

NewsDaily

Investment steps lack transparency A Ministry of Finance report has accepted that the absence of structured transparency in the Special Investment Facilitation Council's (SIFC) initiatives could undermine policy predictability and weaken the confidence of investors. In its 240-page Prime Minister's Economic Governance Reforms Agenda, the finance ministry committed to bringing transparency in the SIFC affairs, showed the report released last week. The ministry prepared the report as part of an action plan of the International Monetary Fund's (IMF) Governance and Corruption Diagnostic Assessment. "The absence of structured transparency around strategic investment initiatives, including those facilitated through the SIFC, creates informational asymmetries that can undermine policy predictability, elevate perceived governance risks and weaken investor confidence," read the report. The report meets a condition of the $7 billion IMF loan package, which binds Pakistan t...