AABS 759.89 13.89 AATM 42.77 -1.12 ABL 169.73 0.20 ABOT 912.09 -11.91 ACIETF 16.20 -0.30 ACPL 245.50 3.50 ADAMS 66.72 1.05 ADMM 52.68 -0.17 ADOS 29.00 0.00 AEL 33.68 1.68 AGHA 6.58 -0.04 AGIC 39.99 -0.33 AGICR2 5.92 0.27 AGIL 145.04 -2.80 AGL 45.39 -0.56 AGP 151.80 -1.00 AGSML 8.95 -0.05 AGTL 347.05 4.03 AHCL 15.85 0.06 AHL 112.90 0.61 AHTM 87.02 4.10 AICL 96.80 1.85 AIRLINK 120.30 -1.05 AKBL 104.00 -0.84 AKDHL 151.22 2.22 AKDSL 33.00 -0.97 AKGL 56.06 -5.43 ALAC 22.72 -0.14 ALIFE 30.50 0.10 ALNRS 120.75 -1.25 ALTN 6.62 -0.02 AMBLR4 19.88 0.03 AMTEX 3.99 -0.21 ANL 9.06 -0.14 ANSS 23.40 -0.35 ANTM 72.53 -4.47 APL 571.30 -4.44 ARCTM 54.54 -3.46 ARM 27.90 0.00 ARMG 52.89 7.63 ARPAK 141.82 12.82 ARPL 389.43 1.43 ARUJ 9.06 -0.63 ASC 8.36 -0.11 ASCR2 0.02 -0.05 ASHT 40.96 -2.92 ASIC 33.73 0.03 ASL 16.63 -0.62 ASTL 17.74 -0.06 ASTM 112.10 -13.90 ATBA 161.89 -2.10 ATIL 75.93 0.00 ATLH 1,573.13 -6.87 ATRL 1,189.43 11.43 AVN 27.62 -0.66 AWTX 1,601.11 -160.11 AWWAL 10.00 0.00 BAFL 56.50 0.00 BAFS 420.61 0.00 BAHL 151.55 0.99 BAPL 38.05 -0.63 BATA 859.12 -9.76 BBFL 36.39 0.70 BCL 69.32 -0.68 BCML 42.60 1.39 BECO 4.38 -0.03 BELA 70.00 3.40 BERG 116.08 -1.00 BFAGRO 28.51 -0.60 BFBIO 124.68 -1.66 BFMOD 20.15 -0.47 BGL 9.18 -0.25 BHAT 816.54 0.00 BIFO 106.59 -1.41 BILF 38.39 -1.11 BIPL 24.78 -0.21 BIPLS 38.63 -0.36 BML 55.53 -0.50 BNL 5.54 -0.07 BNWM 61.23 0.23 BOK 28.53 -0.46 BOP 29.93 -0.27 BPL 50.25 -1.25 BRRG 40.02 -0.98 BTL 845.45 30.44 BUXL 418.57 -46.51 BWCL 445.56 -1.42 BWHL 217.26 -0.22 CASH 50.30 0.30 CCM 42.74 0.00 CENI 63.07 -0.93 CEPB 25.72 -0.23 CFL 59.40 -5.40 CHAS 81.97 1.46 CHBL 9.75 -0.37 CHCC 271.23 -2.77 CLCPS 3.30 -0.05 CLOUD 62.85 0.00 CLOV 6.79 -0.20 CLVL 27.07 0.18 CLVLR 0.08 -0.22 CNERGY 12.72 -0.26 COLG 1,085.46 -5.94 CPHL 71.86 -0.78 CPPL 94.98 -1.22 CRTM 60.00 -2.00 CSAP 90.03 -0.97 CSIL 5.20 -0.12 CSILR3 1.88 0.27 CTM 6.85 0.11 CWSM 51.18 0.19 CYAN 41.91 -1.06 DAAG 81.29 -6.21 DADX 131.41 -9.59 DATM 2.35 -0.20 DAWH 275.28 15.28 DBCI 13.21 0.51 DCL 9.36 0.06 DCR 39.00 0.16 DEL 16.77 -0.31 DFML 18.48 0.09 DFSM 15.23 0.00 DGKC 187.07 0.07 DHPL 26.55 -0.42 DIIL 68.03 -1.97 DINT 58.83 -1.17 DLL 44.92 -0.58 DMC 167.86 -7.63 DMTM 8.56 0.04 DMTX 34.96 0.46 DNCC 19.87 1.37 DOL 30.74 -0.19 DSIL 17.25 1.00 DSL 4.47 0.09 DSML 51.25 1.24 DWAE 21.49 -0.76 DWSM 7.21 1.00 DWTM 10.03 0.04 DYNO 342.89 6.89 ECOP 47.08 -1.92 EFERT 193.92 -0.38 EFGH 75.72 -4.68 EFUG 125.43 -1.52 EFUL 128.68 -1.32 ELCM 250.19 0.00 ELSM 210.48 3.38 EMCO 32.10 -0.60 ENGRO 485.38 3.39 ENGROH 262.13 -0.87 EPCL 32.67 0.17 EPQL 23.89 0.37 ESBL 10.96 -0.03 EWIC 59.25 -0.35 EXIDE 415.70 -0.30 FABL 93.18 -0.53 FANM 9.75 -0.04 FASM 336.16 -3.83 FATIMA 144.25 -1.63 FCCL 51.13 -0.52 FCEL 5.08 -0.27 FCEPL 134.55 -0.39 FCIBL 35.70 -3.74 FCL 27.07 0.16 FCSC 5.08 -0.17 FDIBL 2.92 -0.17 FDPL 4.42 -0.09 FECM 18.40 0.40 FECTC 92.30 -0.89 FEM 10.50 0.00 FEROZ 340.55 -1.48 FFBL 88.94 8.43 FFC 537.90 -2.61 FFL 14.41 -0.07 FFLM 12.01 -0.68 FHAM 27.48 -1.83 FIBLM 14.68 -0.32 FIL 284.62 20.62 FIMM 315.63 0.00 FLYNG 34.40 0.38 FMLR 44.20 -1.60 FNEL 1.22 -0.02 FPJM 23.53 -0.02 FPRM 11.86 0.11 FPRMR2 1.06 -0.09 FRCL 86.95 7.95 FRSM 41.16 -0.05 FSWL 145.05 -9.94 FTMM 17.95 -0.16 FTSM 39.63 -2.00 FUDLM 8.00 0.55 FZCM 272.25 -35.24 GADT 293.44 -4.06 GAL 526.94 -12.12 GAMON 19.50 0.00 GATI 82.86 -0.14 GATIR 15.04 0.04 GATM 20.15 -0.35 GCIL 30.86 -0.13 GCILB 9.30 -0.22 GCWL 12.82 -0.08 GCWLR 9.01 0.00 GDL 17.95 0.05 GEMBCEM 11.25 -1.13 GEMBLUEX 5.93 -0.01 GEMMEL 41.09 3.58 GEMNETS 23.72 0.00 GEMPACRA 43.67 -4.30 GEMPAPL 11.01 0.00 GEMSPNL 85.95 8.05 GEMUNSL 20.00 0.00 GFIL 27.05 0.55 GGGL 7.53 -0.08 GGL 18.80 -0.20 GHGL 39.90 0.29 GHGL 40.11 -0.89 GHNI 1,033.39 -12.61 GHNL 33.90 -0.30 GIL 2,408.45 215.26 GLAXO 312.18 -2.32 GLPL 700.00 0.00 GOC 163.32 10.73 GRR 22.18 -0.22 GRYL 21.93 -0.52 GSKCH 120.23 -3.98 GSPM 7.56 0.26 GTECH 8.58 -0.22 GTYR 25.22 -0.65 GUSM 8.13 -0.50 GVGL 52.35 -0.19 GWLC 47.97 -0.32 HABSM 80.50 4.45 HACC 18.65 1.30 HAFL 448.96 12.61 HALEON 685.10 -2.90 HASCOL 18.66 -0.09 HBL 302.29 -2.66 HBLTETF 106.25 0.35 HCAR 211.33 -2.67 HCL 959.26 9.26 HGFA 13.69 -0.19 HICL 7.93 -0.07 HIFA 4.72 -0.02 HINO 311.47 -2.63 HINOON 922.63 -7.37 HIRAT 5.85 -0.33 HLEL 24.18 -1.02 HMB 95.89 -0.61 HMM 5.80 0.01 HPL 3,978.10 53.10 HRPL 19.03 -0.02 HSPI 8.81 0.82 HTL 37.14 -0.76 HUBC 198.64 0.14 HUMNL 9.68 -0.17 HUSI 48.64 1.04 HWQS 19.03 -0.96 IBFL 251.95 0.00 IBLHL 41.63 -0.62 ICCI 12.89 -0.90 ICI 591.53 -3.37 ICIBL 16.04 -0.22 ICL 128.90 -0.09 IDEAL 52.74 0.14 IDRT 32.52 -0.82 IDSM 60.72 3.52 IDYM 133.47 4.47 IGIHL 256.06 -4.94 IGIL 18.50 -0.30 ILP 96.92 -0.97 IMAGE 25.07 -0.63 IML 25.32 2.72 IMS 17.76 0.26 INDU 1,804.88 6.88 INIL 160.00 0.34 INKL 101.58 0.00 INL 20.64 0.24 IPAK 35.47 0.20 IREIT 7.82 -0.10 ISIL 1,822.86 0.86 ISL 79.88 -0.12 ITANZ 32.77 -0.74 ITTEFAQ 7.73 -0.17 JATM 36.62 -0.78 JDMT 138.49 0.03 JDWS 877.76 12.76 JGICL 79.07 1.54 JKSM 306.40 -0.05 JLICL 106.68 -0.83 JOPP 160.06 -11.94 JSBL 12.52 0.37 JSBLR1 0.01 0.00 JSCL 20.03 -0.03 JSGBETF 38.92 0.01 JSGCL 137.38 -0.62 JSIL 35.73 0.37 JSMFETF 10.61 -0.22 JSML 49.02 -1.83 JSRR 10.67 -0.33 JUBS 52.91 6.76 JVDC 137.82 1.26 KAPCO 26.63 0.03 KASBM 1.19 0.00 KCL 156.18 0.00 KEL 5.97 -0.11 KHSM 11.65 0.00 KHTC 293.56 -2.44 KHYT 1,847.60 -17.75 KML 8.00 -0.19 KOHC 86.94 -0.76 KOHE 16.76 1.41 KOHP 19.79 -0.01 KOHTM 88.19 -2.81 KOIL 33.12 -1.38 KOSM 5.57 -0.28 KPUS 781.98 1.97 KSBP 206.26 1.26 KSBP 112.37 -2.61 KSBPR 3.02 0.72 KSTM 12.48 -0.21 KTML 41.07 0.06 LCI 204.36 -1.14 LEUL 69.97 -0.33 LIVEN 31.14 -0.07 LMSM 63.91 0.00 LOADS 12.09 -0.16 LOADSR1 0.09 -0.10 LOTCHEM 26.25 0.15 LPGL 69.90 -1.98 LPL 19.00 0.25 LSECL 5.64 -0.31 LSECLR 0.36 -0.39 LSEFSL 3.39 0.00 LSEPL 4.65 -0.05 LSEVL 12.68 -0.28 LUCK 410.56 -3.44 MACFL 69.56 1.56 MACTER 253.98 8.63 MARI 635.22 6.87 MARI 634.37 2.39 MCB 388.03 -1.96 MCBAH 24.00 0.00 MCBIM 157.00 -1.00 MDTL 7.10 -0.40 MEBL 548.79 -5.21 MEHT 136.35 -2.44 MERIT 9.32 0.01 META 9.67 -0.83 MFFL 164.40 -0.60 MFFLR1 9.01 0.06 MFL 44.53 0.53 MIIETF 15.95 -0.25 MIRKS 31.60 -0.45 MIRKSR 8.67 0.12 MLCF 90.14 -0.85 MODAM 5.73 -0.09 MQTM 26.99 -0.51 MRNS 61.00 -0.94 MSCL 19.91 -0.59 MSOT 188.76 0.55 MTL 297.05 0.05 MUGHAL 68.70 -0.29 MUGHALC 62.00 -2.96 MUREB 930.00 -14.44 MWMP 93.26 8.25 MZNP-ETF 17.20 -0.10 NAGC 91.53 -0.47 NATF 332.99 -6.01 NATM 67.67 -6.32 NBP 162.11 -1.89 NBPG-ETF 26.23 -0.27 NCL 38.96 0.07 NCML 16.80 0.80 NCPL 52.62 -0.63 NESTLE 7,014.86 -93.53 NETSOL 117.86 -0.65 NEXT 14.23 -0.16 NICL 260.01 -0.74 NITG-ETF 32.84 0.09 NML 128.75 -1.65 NNAR 22.26 -0.53 NONS 87.00 6.51 NPL 57.98 -1.14 NRL 596.68 -4.82 NRSL 36.84 0.74 NSRM 199.06 -0.94 OBOY 17.03 -1.39 OBOYR2 0.64 -0.39 OCTOPUS 27.57 -0.08 OGDC 314.62 1.61 OLPL 24.15 -0.45 OLPL 51.00 0.00 OLPM 26.60 -0.90 OML 77.80 -2.20 ORIXM 16.29 0.29 ORM 11.21 -0.19 OTSU 356.95 -13.05 PABC 92.53 -1.47 PACE 9.70 -0.07 PAEL 34.77 -0.24 PAKD 118.86 -1.14 PAKL 51.60 -1.30 PAKMI 1.30 -0.01 PAKOXY 348.34 17.31 PAKQATAR 16.81 -0.79 PAKRI 15.60 -0.03 PAKT 1,399.87 -8.12 PASL 0.75 0.00 PASL 2.52 0.06 PASM 9.43 -0.61 PCAL 138.35 1.24 PECO 609.00 -1.02 PGLC 16.52 0.07 PHDL 50.40 1.60 PIAA 22.17 0.17 PIAB 828.42 57.80 PIAHCLA 21.81 -0.22 PIAHCLB 15,150.50 -349.50 PIBTL 14.20 -0.55 PICT 45.61 -0.89 PIL 5.34 0.57 PIM 71.97 4.97 PINL 10.03 -0.17 PIOC 234.00 -5.84 PKGI 25.80 -1.21 PKGIR 1.36 -0.69 PKGP 34.33 -1.17 PKGS 713.89 -6.11 PMI 4.70 0.19 PMPK 1,431.85 121.85 PMRS 355.24 -16.41 PNSC 564.77 2.77 POL 754.13 -0.87 POML 148.37 -1.62 POWER 21.78 -0.22 PPL 220.66 0.68 PPP 146.72 -0.28 PPVC 17.45 -1.00 PQGTL 12.91 -0.48 PREMA 33.22 -0.33 PRET 543.52 22.52 PRL 90.35 -0.95 PRWM 58.64 -0.86 PSEL 1,011.43 1.45 PSMC 609.00 0.00 PSO 347.10 -0.90 PSX 45.20 -0.30 PSYL 172.34 6.34 PTC 58.87 -0.18 PTL 48.37 -0.33 QTECH 35.13 -1.00 QUET 14.60 -0.50 QUICE 27.02 -0.97 RCML 400.22 -4.78 REDCO 27.10 0.10 REWM 168.90 8.89 RICL 11.32 -0.18 RMPL 8,722.89 -227.10 RPL 14.99 -0.20 RUBY 22.01 0.01 RUPL 27.17 -0.13 SAIF 42.01 -2.29 SANE 8.07 -1.13 SANSM 117.48 -5.91 SAPL 870.00 0.00 SAPT 1,567.66 0.00 SARC 68.29 -7.21 SASML 331.36 30.06 SAZEW 1,681.56 -23.43 SBL 13.34 0.29 SCBPL 60.00 -0.65 SCL 750.07 0.07 SEARL 78.93 -0.45 SEARLR2 0.15 -0.10 SEL 25.78 1.21 SELECT 30.63 -0.87 SEPL 133.93 0.53 SERT 37.64 -0.81 SFL 1,053.50 13.50 SGF 107.01 -0.04 SGPL 23.21 -0.49 SGPL 33.89 -7.52 SGPLR 9.76 -1.21 SHCM 55.66 -0.34 SHDT 49.04 -1.94 SHEL 185.01 -4.09 SHEZ 282.03 -7.87 SHFA 442.06 0.06 SHJS 139.99 -3.01 SHNI 8.00 0.10 SHSML 340.50 -0.50 SIBL 6.64 -0.78 SIEM 1,598.95 -1.08 SILK 1.15 -0.01 SINDM 34.76 -0.74 SITC 689.00 -10.00 SKRS 23.92 0.87 SLGL 13.61 0.01 SLL 1.70 -0.44 SLM 22.58 0.08 SLYT 15.77 -0.25 SMBL 2.17 -0.03 SMCPL 40.62 -1.38 SML 100.00 8.34 SMTM 11.90 -0.09 SNAI 32.19 -2.31 SNBL 19.00 -0.38 SNGP 90.36 -0.51 SOYASUP 28.91 0.87 SPAC1 21.26 -1.18 SPAC2 13.61 -0.32 SPEL 40.19 -1.11 SPEL 48.93 0.04 SPL 42.87 -1.47 SPLC 1.70 0.07 SPSL 15.32 -0.73 SPWL 7.83 0.00 SRR 17.00 -0.10 SRVI 182.46 2.46 SSGC 23.27 -0.23 SSML 18.29 0.28 SSOM 502.43 7.42 STCL 8.83 -0.04 STJT 150.64 -11.32 STL 23.32 -0.68 STLR 12.19 -0.33 STML 44.01 -1.99 STPL 7.91 -0.27 STYLERS 49.88 -0.12 STYLERSR 1.72 0.39 SUHJ 22.20 0.00 SURC 145.71 -2.29 SUTM 113.69 3.89 SWL 316.53 28.78 SYM 11.74 -0.74 SYS 115.84 -2.50 SZTM 83.50 -1.50 TATM 148.77 -1.13 TBL 8.67 -0.16 TCORP 19.31 -2.20 TCORP 19.60 -0.55 TCORPR1 0.79 -0.73 TELE 7.36 -0.16 TGL 152.54 -3.68 THALL 511.99 -3.01 THCCL 71.49 -0.82 TICL 918.90 -1.08 TISL 5.02 -0.08 TOMCL 31.05 -0.65 TOMCLR 3.81 1.00 TOWL 132.36 10.86 TPL 21.02 -0.98 TPLI 53.41 -2.39 TPLL 18.95 -0.16 TPLP 12.10 -0.30 TPLRF1 8.87 -0.68 TPLT 31.77 0.27 TREET 21.36 -0.64 TREETR2 5.62 0.65 TRG 54.39 -1.61 TRIPF 129.72 -0.28 TRSM 13.50 -0.25 TSBL 2.20 -0.05 TSBLR1 0.18 -0.04 TSMF 16.29 0.28 TSML 485.10 5.10 TSPL 12.90 -0.22 UBDL 26.00 0.00 UBL 420.82 3.02 UBLP-ETF 28.17 -0.02 UCAPM 5.21 -0.08 UDLI 16.60 -0.28 UDPL 97.39 -0.62 UNIC 10.83 -0.05 UNITY 7.95 -0.07 UPFL 25,488.40 -310.60 UVIC 17.54 -0.91 WAFI 159.39 -1.61 WAHDAT 14.19 -0.06 WAHN 224.07 -0.53 WASL 5.82 -0.20 WASLR 0.79 0.15 WAVES 8.91 0.03 WAVESAPP 7.70 -0.22 WAVESAPPR 0.06 -0.11 WHALE 8.01 -0.19 WTL 1.00 -0.01 WYETH 2,008.00 8.00 YOUW 5.03 -0.22 ZAHID 61.87 1.31 ZAL 40.41 -0.64 ZIL 313.11 -18.78 ZTL 15.49 -0.40 ZUMA 28.37 1.40

Navigating economic perils

November 04, 2024

During the first quarter of this fiscal year (July-September 2024), corporate profit fell 14 per cent compared to the last year if you measure it in terms of profits earned by the 95 top-performing companies that make up 99pc of the Pakistan Stock Exchange’s 100-index market capitalisation. And that is a very appropriate measure. This finding of a Topline Securities research has already made headlines in major newspapers across the country. But, for the optimist, there is a heartening aspect: the cumulative profits of the top 95 companies earned during July-September 2024 are 16pc higher than the profits earned in April-June. What does this mean?