The Chai Tattle - 23rd February 2026
A brief summary of the economic market at end of day looking at indicators and metrics not found elsewhere.
MesoQuill Research
Yikes is the only word that can sum up what has happened on the equities market today as equities suffered their worst drop in 3 years or so with the benchmark index dropping more than 3%, shedding more than 5400 points. Things got bleaker for the broad market index which dropped even more percentage points as overwhelming majority of stocks, , declined in value.
The skewness of the graphs is overwhelmingly negative with three towers on the left hand side.
Top News
GDL has imported 300 heifers, industry term for bovine females that have not yet given birth to a calf, in a bid to increase production.
Pakistan has begun talks with external stakeholders to explore tokenization of assets.
Earnings
REV & NI figures are in 000's.
MLCF has acquired controlling interest of PIOC by purchasing 131.8mn shares in addition to the 42mn it held prior to this purchase.
