The Chai Tattle - 18th August 2025
A brief summary of the economic market at end of day looking at indicators and metrics not found elsewhere.
MesoQuill Research
The benchmark index hit a new high mark closing comfortably above the 148k mark at the start of the trading week. Some of the bullish momentum was expected as investors sold their positions last week and looked to take advantage of the positive news via the Credit Ratings upgrade from Moody's, positive corporate earnings and completion of large-scale energy and gas projects.
52.41%
of the market volume was concentrated in Large Cap.
Unlike the end of last week, the market went forward in unison with 58% of the traded equities increasing in value and the negative deltas were limited in scale as liquidity jumped from mid 60s to late 70s for equities that gained in value.
The financial sector had the largest share of the market, which was led surprisingly by the consulting firm PASL. The Communications Sector numbers are propped up by WTL that recorded almost 85% of the shares traded but the delta is driven by MDTL which experienced a decline of more than 4.5%
of the shares traded compared to free float available shares
Earnings
Top News
MEBL and HMB announced quarterly earnings which were strong, but matched market expectations.
OGDCL announced completion of Jhal Magsi development project which now delivers 14million standard cubic feet of gas per day along with 45 barrels of condensate.
Crescent Star Insurance has submitted the bid via Intermarket Securities to acquire 38.05% of S.G Power Limited.
Insiders have increased their position in UBL by executing some buying positions.