Topline Securities Ltd.

28/05/2026

Youm-e-Takbeer reminds us that we are a nation that knows how to protect its soil.

27/05/2026

Pakistan’s SBP-held foreign exchange reserves have climbed to US$17.0bn, marking a 53-month high, despite ongoing US–Iran regional tensions. The increase comes even after large outflow, including $1.3bn Eurobond and $3.5bn UAE deposits. Reserves were supported by inflows from Saudi Arabia (KSA) and Pakistan’s return to international markets through Euro bond and Panda bond. This reflects improved external financing conditions and stronger reserve buffers.

26/05/2026

Wishing you and your families a blessed Eid ul-Adha filled with peace, prosperity, and the spirit of sacrifice.

26/05/2026

Pakistan Federal Budget FY27 Preview - Fiscal Prudence to Remain Intact; Market impact likely neutral
(May 26, 2026)

For Full PDF Report
https://www.linkedin.com/feed/update/urn:li:activity:7464995385032278016

26/05/2026

Wishing a blessed and peaceful Hajj to all our colleagues, clients, and the entire community. May this journey bring immense blessings.

25/05/2026

Today's FIPI Net: -1.00(US$mn)
Today's Foreign Corporate Net: -0.55(US$mn)

25/05/2026

Topline Market Review (May 25, 2026):

The benchmark KSE-100 Index concluded the session at 171,725 points, posting a robust gain of 3,881 points as investor sentiment staged a strong recovery. The market experienced considerable intraday volatility, with the index touching an intraday high of 171,920 points and a low of 170,161 points during the trading session.

Investor confidence improved significantly following positive developments over the weekend regarding negotiations between Iran and the United States, with reports indicating that discussions may reach a conclusion in the near term. Sentiment was further bolstered by a sharp decline in international oil prices, which fell by nearly $6 per barrel.

The bullish momentum was primarily driven by heavyweight stocks, including Habib Bank Limited, Fauji Fertilizer Company, United Bank Limited, Engro Holdings, and Lucky Cement, which collectively contributed 1,315 points to the benchmark index and played a key role in sustaining the rally.

Market participation remained healthy, with total traded volume reaching 506 million shares, while overall turnover settled at PKR 31.1 billion. Bank of Punjab emerged as the volume leader, with 27 million shares traded during the session.

Regards
Topline Sales Desk

25/05/2026

Pakistan Stock Exchange - Key Statistics

25/05/2026

AGP Limited – (AGP) - Management Call Key Takeaways
(May 25, 2026)

25/05/2026

According to the latest figures released by the Pakistan Telecommunication Authority (PTA) and compiled by Topline Securities, local mobile phone manufacturing and assembly declined 35% month?on?month in April 2026, falling to 1.81 million units from 2.79 million units in March. Cumulatively, local manufacturing and assembly stood at 9.17 million units during the first four months of 2026.

https://tribune.com.pk/story/2609730/ai-chip-race-taxes-hurt-mobile-output

25/05/2026

“Financing levels are now just 2.0 per cent below the June 2022 peak, signalling that a new all-time high may soon be reached,” said Topline Securities in a brief note.

KARACHI: Auto financing reached Rs360 billion in April, up 37 per cent from the same period a year earlier, marking the 17th consecutive monthly increase, according to the latest data from the State...