The Chai Tattle - 31th 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.

Bulls returned to the market with massive jump in index values, but this was not adhered to in the volume as it remained low across the market. Part of the shift in sentiment was down to reports that Donald Trump is amiable to a solution to the war with Iran but on the flip side more countries are beginning to ratio fuel supplies, oil prices are rising, and additional energy infrastructure facilities are being damaged.

The returns were positively skewed.

Top News

LCI announced inauguration of a veterinary medicine manufacturing facility at its Sheikhupura plant.

Earnings

IMS announced regulatory approval for its wholly owned subsidiary AFT Japan Pvt Limited which will operate in the IT driven automotive trading business.

279.55 PKR

494,500 PKR

SYM announced that its the first of its three-assignment agreement with Jazz has been completed and the contract will generate roughly 675mn for the company over three years.