Tag Archives: Foreign Investment

Pakistan Stock Market to See 27-37% Growth by 2025

PSX

Pakistan’s stock market is gearing up for impressive growth in the next couple of years. Research houses have projected that the Pakistan Stock Exchange (PSX) will offer returns between 27% and 37% by December 2025. The benchmark KSE-100 index could hit a record high, rising to 120,000–127,000 points. This bullish outlook comes on the back of improving macroeconomic conditions under …

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PSX Hits New Record as KSE-100 Index Surges Over 94k Points

PSX

Pakistan Stock Exchange (PSX) Hits New Record as KSE-100 Index Surges Over 94,000 Points The Pakistan Stock Exchange (PSX) witnessed a strong start to the week as the KSE-100 Index hit a new record on Monday. During intra-day trading, the index surged by 526 points or 0.59%, briefly crossing the 94,000-point threshold at 11 am. The market closed at 93,648.32 …

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Pakistan’s $30 Billion Debt Challenge: What’s Next?

Debt

Introduction Pakistan’s central bank has announced that the country will repay $30.35 billion in foreign debt and interest between August 2024 and July 2025. This includes significant loans that bilateral creditors roll over every year, adding pressure on the nation’s finances. Breakdown of Debt and Interest Payments The State Bank of Pakistan (SBP) reports that it needs $26.48 billion to …

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J.P. Morgan Explores Investment Opportunities in Pakistan

J.P. Morgan Explores Investment Opportunities in Pakistan: A High-Level Engagement In a significant move towards enhancing foreign investment, Pakistan’s Federal Minister for Finance and Revenue, Muhammad Aurangzeb, held a high-level meeting with a delegation of international investors led by Amin Mohammad Khowaja, CEO of J.P. Morgan Pakistan. The meeting, which took place on Wednesday, focused on the potential for fixed-income …

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Government to Overhaul Bilateral Development Financial Institutions Amid Allegations of Nepotism

IMF

The Pakistani government has decided to overhaul bilateral development financial institutions that have become hotspots for nepotism, following the appointment of favored bureaucrats to their boards. These board members reportedly receive up to $5,000 (Rs1.4 million) per meeting in fees. Focus Shift from Primary Role to Government Debt Investments Instead of adhering to their primary role of providing loans to …

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Foreign Investment in Pakistan Stock Exchange Hits Historic Low Despite Recent Surge

Decline in Foreign Investment Foreign investors’ stakes in companies listed on the Pakistan Stock Exchange (PSX) have plummeted to a historic low of 3.7% ($491 million) of the total value of publicly traded shares by the end of June 2024. This marks a significant decrease from 28.7% ($2.97 billion) in FY17. The decline has been attributed to economic and political …

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TotalEnergies Sells Stake in Total Parco Pakistan to Gunvor Group

Introduction In a significant shift in Pakistan’s energy sector, French oil major TotalEnergies has announced its decision to sell its 50% stake in Total Parco Pakistan Limited (TPPL) to Gunvor Group, a global commodities trader. This transaction, which is pending regulatory approvals, signifies a strategic realignment by TotalEnergies to concentrate on core geographies with growth and transition opportunities. Details of …

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MSCI Expected to Add Pakistani Companies to Frontier Market Index

Morgan Stanley Capital International (MSCI) is anticipated to expand its global Frontier Market (FM) index to include four additional Pakistani companies in its upcoming Quarterly Index Review (QIR) next month. This expected inclusion, driven by a rise in share prices, is likely to attract significant foreign investment, given the index’s influence on global investment decisions. The four companies projected for …

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