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The Chai Tattle - 28th April 2026

Market is spooked as the crisis in energy market deepens.

The market showed that it is spooked as most equities did not trade that much and traded were concentrated on a handful of equities that plug up the numbers over 1.1bn and keep the index returns down. While earnings season is in full bloom the effects of the war are now beginning to show as UAE announced that it is leaving OPEC & OPEC+

Returns as expected were negatively skewed.

Top News

The company announced a change in principal line of business to act as general traders and also investing its own capital in the financial markets.

Earnings

ACPL is undergoing changes at the board level following its acquisition as there have been a number of additions and resignations.

Rs 279.20
Rs 480,500

Arif Habib consortium has purchased the 25% stake that was still with the GOP.