The Chai Tattle - 30th March 2026

The close of the week brought panic back into the market as talks of a ground invasion from the US looks likely in Iran setting off macroeconomic fears.

Panic started on the market as deepening crisis is predicting an energy crunch in the Pakistani Market which is reflected for the metro schedules to Pakistan Super League. From just over two months ago when the benchmark index was a whisker away from the 190k mark to now dipping under 150k.

The negative return graph overshadows the gains graph.

Top News

SAZEW made multiple announcements; appointment of Mian Asad Hameed as CEO of the company, Saeed Iqbal Khan as the COO of Three-Wheeler and Automotive parts, Ali Hameed as COO of Car division, expansion of four-wheel manufacturing plant with installation of 5.7MW solar generation, and plans to setup an automation paint shop.

Earnings

ENGROH is planning a buy-back of 45mn shares, 3.73% of total outstanding shares of the company.

279.55 PKR

495,500 PKR

In a bid to incorporate GEMSPNL into STL, STL shareholders will be additional 5.5mn shares with a ratio 11:1.