: Pakistan’s Sensitive Price Index (SPI) inflation rate fell to its lowest level in six and a half years, rising by just 1.16% year-on-year (YoY) for the week ending January 16, 2024. This data was shared by the Pakistan Bureau of Statistics (PBS) and analyzed by Topline Securities. Year-on-year inflation reflects rising prices of basic … Read more
Dubai’s main stock index reached its highest level in more than a decade on Wednesday, rising 0.1% to close at 5,084 points, its highest level in 10 years and three months. Other Gulf markets were weak as investors expected smaller interest rate cuts by the US Federal Reserve next year. Emirates NBD Bank shares gained … Read more
The KSE-100, the benchmark index of the Pakistan Stock Exchange (PSX), is expected to continue its upward trajectory in calendar year 2025 (CY25), with an expected return of 55.5% (49% in USD), driven by lower interest rates and improving macroeconomic stability. , according to a report by AKD Securities. The index is expected to reach … Read more
The market is expected to maintain a positive trajectory, supported by continued monetary easing, deflationary environment, and improving macroeconomic fundamentals, according to AKD Securities Limited. Investors are expected to focus on the upcoming inflation data and Monetary Policy Committee decision next month The Pakistan Stock Exchange (PSX) concluded the week on a strong note, with … Read more
A worker bends over as he carries packages of textiles on his back to deliver them to a nearby shop at a market in Karachi on June 24, 2022. – Reuters Government domestic debt rose to Rs47.536 trillion in Q1FY25. External debt rose to Rs 22.034 trillion during the July-September period. The total external debt … Read more
Islamabad: Pakistan’s debt-to-GDP ratio has fallen to its lowest level in more than six years, standing at 65.7% as of September 2024. This represents a significant improvement, as the ratio was last recorded at this level in June 2018. Financial brokerage firm Arif Habib Limited (AHL) reported that the domestic debt-to-GDP ratio is 43.1%, while … Read more