Research Updates

FEDERAL BUDGET FY 2025-2026: Detailed Review

From Deficits to Discipline: Pakistan’s Budgetary Pivot

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FERTILIZER SECTOR UPDATE

June Sees Recovery, Inventory Concerns Persist

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Economy

Global Trade Tensions: Pakistan’s Potential Edge

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Result Review

Result Review - Fauji Fertilizer Company Limited (FFC) – 2QCY25

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Result Review

Result Review - Fauji Cement Company Limited (FCCL) & Maple Leaf Cement Company Limited (MLCF)

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Result Review

Result Review - Interloop Limited – FY25: Revenue Growth Overshadowed by Compressed Margins

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Market Round-Up

Bulls Lose Momentum as IMF Mission Departs Without Agreement

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Economy

Economy - Rate Cut Alert: SBP Cuts Rates as Inflation Drops to Record Low

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HMFS’s Top Picks

Unlocking Success - HMFS’s Top Picks

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HMFS Strategy Report

DAWNING ERA - PAKISTAN STRATEGY REPORT 2025

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HMFS Buzzer

PAMA has released the automobile production and sales figures for August 2025. The sales statistics for the major automobile assemblers are as follows:

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HMFS Buzzer

The NFDC has released the fertilizer production and off-take figures for July 25. The off-take statistics for the major manufacturers are as follows:

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Auto Sector Update

Auto Sector Update: May Auto Volumes Recover; Budget Measures Reshape Sector Outlook

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Weekly Report

Major Events

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Latest News

  • Morning News

    IMF talks end sans staff-level agreement; tax hikes not on table for now
  • Morning News

    IMF shares MEFP with MoF
  • Morning News

    Rate cut unlikely this month, says SBP governor
  • Morning News

    Pakistan unveils plans for maritime investment conference