International Surge Pushes Local Gold Rates Higher

Staff Report Pakistan car sales, as reported by PAMA, reached 11,034 units in July 2025, up 28% year-on-year but down 49% month-on-month. The monthly decline was mainly due to a high base in June 2025, driven by pre-buying ahead of anticipated budgetary changes and accelerated purchases by buyers. Year-on-year growth was supported by a more…

By Salman Khan Islamabad: Pakistan recorded a 9-year low fiscal deficit of 5.38% in FY25, thanks to 36% YoY growth in both tax and non-tax revenues combined vs. 18% growth in total expenditures. The deficit of 5.38% is better than government’s revised forecast of 5.6% of GDP (earlier budgeted 5.9%) for FY25. Similarly, IMF also…

Pak Elektron is forecast to post Rs1.2 EPS in 2QCY25 on stronger appliance sales, lower finance costs, and initial US transformer exports Staff Report Outlook hinges on appliances recovery and lower finance costs. Pak Elektron Limited (PAEL) is expected to report net profit of roughly Rs1.1 billion for the quarter ended June 30, 2025, translating…