Sector Deep-Dives
Pakistan’s Export Headline Hid a Textile Warning
Three leading textile categories generated 39.5% of June exports, but all three were below their June 2025 values.
Sector Deep-Dives explain how macro, policy, demand, cost, and regulation transmit into sector earnings and risk.
- Cement
- Banks
- Power
- Fertiliser
- Autos
- Textiles
Latest notes
4 resultsSector Deep-Dives
Cement Demand Is Strong. The Public Sector Development Programme Impact Is Still Early.
FY26 cement dispatches rose 7.21%, but FY27's Public Sector Development Programme will reach cement demand through staged fund releases, project execution, and site-level construction activity. The key issue is timing, not headline allocation.
Sector Deep-Dives
KSE-100 Fell 0.44%. OGTi Rose 0.60%. The 104 bps Gap Was Not Noise.
On 23 June 2026, the broad market fell while the official E&P index rose. The divergence showed two investor bases pricing different mechanisms in the same session.
Sector Deep-Dives
Pakistan's E&P Sector: What the Market Is Trading Versus What the Filings Show
OGDC, PPL, MARI, and POL reported 9M FY26 EPS declines, yet the sector rallied. The gap between declining reported earnings and rising prices is the circular-debt discount.