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The Chai Tattle - 16th March 2026

Investor caution overwhelmingly keeping investors away from the market with Monday one of the least active days in a long time.

The third week in a row that has started with a massive drop and selloff in equities across the market. The main difference today was that volume was muted with overall turnover in the same ballpark as it was on Friday. An oil tanker is about to reach Pakistan, but jitters remain on what this means for the Pakistani economy as the war enters its third week.

The delta distribution was overwhelmingly positive with mean delta for gains above 7.6% while for declines it was below -3.5%.

Top News

The company announced a contract with Australian water utility company Icon Water Limited for their integration architecture deployment.

PNSC informed that NLC, encouraged by a letter form PM stating that in principle NLC should acquire up to 30% shareholding in PNSC, is going to be pursued by NLC.

Earnings

REV & NI figures are in 000's.

Trading in the company has been suspended as the company looks to finalize liquidation.

279.70 PKR
512,500 PKR