# ![@toplinesec Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::1026073862.png) @toplinesec Topline Securities Ltd

Topline Securities Ltd posts on X about pakistan, pakistan stock exchange, inflation, currencies the most. They currently have [------] followers and [----] posts still getting attention that total [---] engagements in the last [--] hours.

### Engagements: [---] [#](/creator/twitter::1026073862/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1026073862/c:line/m:interactions.svg)

- [--] Week [------] +18%
- [--] Month [-------] +36%
- [--] Months [-------] +133%
- [--] Year [-------] +31%

### Mentions: [--] [#](/creator/twitter::1026073862/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1026073862/c:line/m:posts_active.svg)

- [--] Week [--] +29%
- [--] Month [---] +31%
- [--] Months [---] +45%
- [--] Year [---] +24%

### Followers: [------] [#](/creator/twitter::1026073862/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1026073862/c:line/m:followers.svg)

- [--] Week [------] +0.25%
- [--] Month [------] +1.90%
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### CreatorRank: [---------] [#](/creator/twitter::1026073862/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1026073862/c:line/m:influencer_rank.svg)

### Social Influence

**Social category influence**
[countries](/list/countries)  [finance](/list/finance)  [exchanges](/list/exchanges)  [currencies](/list/currencies)  [technology brands](/list/technology-brands)  [automotive brands](/list/automotive-brands)  [stocks](/list/stocks)  [premier league](/list/premier-league)  [travel destinations](/list/travel-destinations)  [social networks](/list/social-networks) 

**Social topic influence**
[pakistan](/topic/pakistan), [pakistan stock exchange](/topic/pakistan-stock-exchange) #37, [inflation](/topic/inflation), [currencies](/topic/currencies), [investment](/topic/investment), [stocks](/topic/stocks), [debt](/topic/debt), [sentiment](/topic/sentiment), [auction](/topic/auction), [momentum](/topic/momentum)

**Top accounts mentioned or mentioned by**
[@statebankpak](/creator/undefined) [@hammadazhar](/creator/undefined) [@pakstockexgltd](/creator/undefined) [@toplinecompk](/creator/undefined) [@aliyahamza](/creator/undefined) [@asadumar](/creator/undefined) [@muzzammilaslam3](/creator/undefined) [@ptiofficial](/creator/undefined) [@sohailkarachi](/creator/undefined) [@pakistan](/creator/undefined) [@samigodil](/creator/undefined) [@miftahismail](/creator/undefined) [@finministrypak](/creator/undefined) [@aajkamrankhan](/creator/undefined) [@moibofficial](/creator/undefined) [@ministryofst](/creator/undefined) [@shaukattarin](/creator/undefined) [@dawnnews](/creator/undefined) [@systemsltd](/creator/undefined) [@aliyahamzapti](/creator/undefined)

**Top assets mentioned**
[Optimism (OP)](/topic/optimism) [Rally (RLY)](/topic/rally)
### Top Social Posts
Top posts by engagements in the last [--] hours

"Topline Economy Alert Jun [--] [----] Pakistan has attracted net inflow of US$75.5mn into the T-Bills through Special Convertible Rupee Accounts (SCRA) in the month of May [----] (till 17th May) as per SBP. For FY24TD net inflows have reached US$232mn. We believe the momentum in inflows will continue due to expectations of IMF program and stability in PKR/USD. Regards Topline Research https://twitter.com/i/web/status/1799025181828292753 https://twitter.com/i/web/status/1799025181828292753"  
[X Link](https://x.com/toplinesec/status/1799025181828292753)  2024-06-07T10:26Z 24.3K followers, [---] engagements


"Pakistan's trade deficit for Mar-2025 declined by 8% MoM to US$2.119bn. Imports decline 1% MoM to US$4.736bn while Exports increased by 5% MoM to US$2.617bn. In 9MFY25 trade deficit up by 5% YoY to US$17.899bn compared to US$17.128bn in 9MFY24"  
[X Link](https://x.com/toplinesec/status/1907770174586884229)  2025-04-03T12:20Z 24.3K followers, [---] engagements


"FX reserves held by SBP up by US$31mn to US$14.50bn for the week ending Oct [--] 2025"  
[X Link](https://x.com/toplinesec/status/1986434626957570505)  2025-11-06T14:04Z 24.3K followers, [---] engagements


"Topline Market Review (Dec [--] 2025): Market Recovers as Investors Re-Enter; PIAHCLA and LPL Steal the Spotlight After a heavy spell of institutional selling in yesterdays session the local bourse staged a welcome recovery today. The benchmark index touched an intraday high of [---] points before closing at [------] up [---] points or 0.08% reflecting renewed buying interest and improved intraday sentiment. On the news front confidence strengthened after the Prime Minister announced that the bidding process for the privatisation of Pakistan International Airlines (PIA) will be broadcast live on"  
[X Link](https://x.com/toplinesec/status/1996553229199712322)  2025-12-04T12:12Z 24.3K followers, [---] engagements


"In today's T-Bill auction participation of Rs1925bn was seen with the government raising Rs916bn as against target of Rs1000bn and maturity of Rs1055bn. Yields went down by [--] bps for [--] month T-Bills [--] bps for [--] month and remained unchanged for [--] month and [--] month T-Bills"  
[X Link](https://x.com/toplinesec/status/1998744468485243304)  2025-12-10T13:19Z 24.3K followers, [---] engagements


"Japans auto trio continues to dominate Pakistans roads with Suzuki (81k) Indus (41k) and HCAR (23k) accounting for the bulk of [----] sales. Meanwhile Chinese assemblersled by Changan and Sazgarare steadily gearing up to challenge the Japanese dominance"  
[X Link](https://x.com/toplinesec/status/2012766905216700676)  2026-01-18T06:00Z 24.3K followers, [----] engagements


"Topline Economy Alert Jan [--] [----] Pakistans high-frequency indicators and economic indicators reflected broad-based momentum in Dec [----] driven by robust performance across autos cement urea and power generation. During Dec-25 the Cement dispatches remained healthy at 4.3mn tons supported by ongoing infrastructure development and sustained private sector construction activity. Urea offtake reached an all-time high monthly sales of 1.4mn tons (+37% YoY) primarily on the back of improved farm economics. Auto sector activity remained robust with passenger car and motorcycle sales rising 35% YoY"  
[X Link](https://x.com/toplinesec/status/2013561301784756361)  2026-01-20T10:36Z 24.3K followers, 11.5K engagements


"Topline Securities attributed the upward momentum to buying by local mutual funds as reflected in data from a day ago. Additionally Sazgar Engineering notified that it would commence bookings for its CKD models of "Tank-500 Hi4-T 4x4 2.0L Turbo AT PHEV and HEV" starting January [--]. https://tribune.com.pk/story/2588220/psx-breaks-record-for-second-day-in-a-row https://tribune.com.pk/story/2588220/psx-breaks-record-for-second-day-in-a-row"  
[X Link](https://x.com/toplinesec/status/2013876528808108326)  2026-01-21T07:29Z 24.3K followers, [----] engagements


"Topline Economy Alert Jan [--] [----] Fitch has affirmed Pakistan's Long-Term Instruments Credit Rating at 'B-'. While has assigned "RR4" Recovery Rating (RR) which earlier was Under Criteria Observation (UCO). Last time Fitch upgraded Pakistan to B- from CCC+ on Apr [--] [----]. As per Fitch webiste 'RR4' rated securities have characteristics consistent with securities historically recovering 31%-50% of current principal and related interest. Regards Topline Research https://twitter.com/i/web/status/2013942306626527469 https://twitter.com/i/web/status/2013942306626527469"  
[X Link](https://x.com/toplinesec/status/2013942306626527469)  2026-01-21T11:50Z 24.3K followers, [----] engagements


"FX reserves held by SBP up by US$16mn to US$16.1bn for the week ending Jan [--] [----]. We expect SBP's Liquid FX Reserves to reach US$17.4bn in Jun-2026. #FXReserves #SBP #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/2014344766457008284)  2026-01-22T14:29Z 24.3K followers, [---] engagements


"Pakistans local mobile phone manufacturing and assembly sector recorded a contraction in December [----] according to data released by the Pakistan Telecommunication Authority (PTA). This slowdown is on account of weak consumer demand amid extended replacement cycles in line with global patterns which have increased to [--] months noted analysts at Topline Securities. https://www.dawn.com/news/1968222 https://twitter.com/i/web/status/2014561862751572258 https://www.dawn.com/news/1968222 https://twitter.com/i/web/status/2014561862751572258"  
[X Link](https://x.com/toplinesec/status/2014561862751572258)  2026-01-23T04:52Z 24.3K followers, [---] engagements


"Local mobile phone assembly/manufacturing in Pakistan has scaled sharply since [----] rising from negligible levels to over 30mn units in [----] and [----] supported by localization policies and import substitution. However growth eased in [----] due to supply chain disruptions during regional conflicts and a general demand slowdown amid a globally extended phone replacement cycle of [--] months. Despite this slowdown Pakistan continues to meet 93% of its mobile phone demand through local manufacturing and assembly. https://twitter.com/i/web/status/2015303621538152657"  
[X Link](https://x.com/toplinesec/status/2015303621538152657)  2026-01-25T06:00Z 24.3K followers, [----] engagements


"Topline Securities wrote in its review that the bourse experienced a volatile session as the benchmark index opened on a positive note rallying to the intra-day high of [----] points. However sentiment turned cautious in the second half with investors opting to lock in profits pulling the index down to the intra-day low of [---] points. The market closed at [------] down [---] points. https://tribune.com.pk/story/2589264/psx-edges-lower-amid-policy-rate-concern https://tribune.com.pk/story/2589264/psx-edges-lower-amid-policy-rate-concern"  
[X Link](https://x.com/toplinesec/status/2016052670918951360)  2026-01-27T07:36Z 24.3K followers, [---] engagements


"Topline Economy Alert Jan [--] [----] Central Bank purchased US$1bn worth of foreign currency (USD) from interbank FX market in Oct [----] similar to Sep [----]. This brings last [--] months (Nov [----] to Oct 2025) interventiontoUS$6.9bn. We expect Bank to continue taking proactive measures to build and strengthen FX reserves Regards Topline Research https://twitter.com/i/web/status/2016072514871689301 https://twitter.com/i/web/status/2016072514871689301"  
[X Link](https://x.com/toplinesec/status/2016072514871689301)  2026-01-27T08:55Z 24.3K followers, [---] engagements


"ISL: 2QFY26 EPS at Rs2.29 up by 180% YoY and 60% QoQ; 1HFY26 EPS at Rs3.71 up by 3x YoY - Earnings higher than expectations due to higher than estimated other income. DPS: 2QFY26 Rs2.00 ; 1HFY26 DPS Rs2.00 - Higher than expectations. https://twitter.com/i/web/status/2016103611185631261 https://twitter.com/i/web/status/2016103611185631261"  
[X Link](https://x.com/toplinesec/status/2016103611185631261)  2026-01-27T10:58Z 24.3K followers, [---] engagements


"Sazgar Engineering (SAZEW): 2QFY26 EPS at Rs66.55 up 67% YoY but down 9% QoQ lower than expectations (Jan [--] 2026) #SAZEW #Pakistan #Topline #Auto #Sazgar"  
[X Link](https://x.com/toplinesec/status/2016107387334295751)  2026-01-27T11:13Z 24.3K followers, [---] engagements


"Topline Market Review (Jan [--] 2026): The KSE-100 Index settled at [------] points marking a decline of [---] points by the close of trading. The session remained volatile with the index oscillating between an intraday high of [------] points and a low of [------] points. Gains from key heavyweight stocks including FFC MEBL PPL SYS and BAFL contributed a combined [---] points to the index. However downward pressure from ENGROH EFERT and HUBC offset these gains collectively eroding [---] points. Overall market activity was healthy with [---] million shares traded and total turnover recorded at Rs. 52.9"  
[X Link](https://x.com/toplinesec/status/2016119724707577999)  2026-01-27T12:02Z 24.2K followers, [---] engagements


"International Steels (ISL): 2QFY26 EPS at Rs2.29 up by 180% YoY (Earnings higher than expectations) (Jan [--] 2026) #ISL #Steel #PSX #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/2016132197816643916)  2026-01-27T12:52Z 24.2K followers, [----] engagements


"Today's FIPI Net: +1.89(US$mn) Today's Foreign Corporate Net: +0.29(US$mn)"  
[X Link](https://x.com/toplinesec/status/2016138581606080571)  2026-01-27T13:17Z 24.2K followers, [---] engagements


"Topline Oil & Gas Exploration Alert Jan [--] [----] PPIS Weekly Update: Oil production up 1% WoW at 67.06k bpd marking its highest level in [--] weeks. Gas production increased by 1% WoW reaching a 35-week high of [----] mmcfd. MARI sustained flows above [---] mmcfd from its core field for the second consecutive week. Regards Sania Irfan ToplineResearch https://twitter.com/i/web/status/2016376856145260852 https://twitter.com/i/web/status/2016376856145260852"  
[X Link](https://x.com/toplinesec/status/2016376856145260852)  2026-01-28T05:04Z 24.3K followers, [---] engagements


"Topline Market Review (Jan [--] 2026): Volatility Dominates as Rollover Pressure Keeps Index Range-Bound The local bourse witnessed a highly volatile session as futures rollover week pressure kept investors on edge. Despite sharp intraday swings the benchmark index displayed resilience surging to an intraday high of [---] points before closing at [------] up by [---] points or 0.09%. Buying interest in heavyweight names such as UBL PPL PIOC OGDC and POL provided solid support cumulatively adding [---] points to the index. However profit-taking in FFC MARI and HUBC capped upside momentum shaving off a"  
[X Link](https://x.com/toplinesec/status/2016479805387292892)  2026-01-28T11:53Z 24.3K followers, [---] engagements


"Topline Banks Alert Jan [--] [----] Pakistan Banks Deposits up 23.6% YoY and 5.8% MoM in Dec-2025; Advances down 7.1% YoY and up 10.9% MoM; Investments up 30.1% YoY and 3.2% MoM. Deposit growth during [----] remained higher as last year deposits were affected due to ADR related tax. We expect deposit to grow in range of 10%-15% during [----]. Regards Topline research https://twitter.com/i/web/status/2016756873001902103 https://twitter.com/i/web/status/2016756873001902103"  
[X Link](https://x.com/toplinesec/status/2016756873001902103)  2026-01-29T06:14Z 24.3K followers, [----] engagements


"FFC: 4Q2025 EPS at Rs11.20 up by 12% YoY and down by 17% QoQ; [----] EPS at Rs51.69 up by 14%YoY - Earnings lower than industry's expectations due to the lower than expected gross margins. DPS: 4Q2025 Rs8.50; Lower than industry's expectations. https://twitter.com/i/web/status/2016798580451721482 https://twitter.com/i/web/status/2016798580451721482"  
[X Link](https://x.com/toplinesec/status/2016798580451721482)  2026-01-29T09:00Z 24.3K followers, [---] engagements


"Fauji Fertilizer Company (FFC): 4Q2025 EPS at Rs11.20 down 17% QoQ (Earnings lower than industry expectations) (Jan [--] 2026) #Fertilizer #Pakistan #Topline #FFC"  
[X Link](https://x.com/toplinesec/status/2016822213312471499)  2026-01-29T10:34Z 24.3K followers, [----] engagements


"Topline Market Review (Jan [--] 2026): Pakistan equities witnessed a sharp sell-off with the market plunging into a severe downturn amid intense selling pressure. The KSE-100 Index tumbled by [----] points (-3.21%) closing the session at [------] points. The steep decline was largely driven by Fauji Fertilizer Companys (FFC) earnings announcement which fell short of market expectations due to weaker-than-anticipated gross margins. Furthermore market speculation had fueled expectations of a stock split or bonus issueneither of which materialized. This divergence between investor expectations and"  
[X Link](https://x.com/toplinesec/status/2016841767300321519)  2026-01-29T11:52Z 24.3K followers, [----] engagements


"FX reserves held by SBP up by US$16mn to US$16.1bn for the week ending Jan [--] [----]. We expect SBP's Liquid FX Reserves to reach US$17.4bn in Jun-2026. #FXReserves #SBP #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/2016870050729242691)  2026-01-29T13:44Z 24.3K followers, [---] engagements


"Topline Securities is Hiring Topline Securities is looking for a Customer Support & Client Engagement Officer to join our dynamic team For more details refer to the poster. Apply now to be part of our exciting journey https://twitter.com/i/web/status/2017139921354645521 https://twitter.com/i/web/status/2017139921354645521"  
[X Link](https://x.com/toplinesec/status/2017139921354645521)  2026-01-30T07:36Z 24.3K followers, [--] engagements


"The Topline Securities market review said the local bourse witnessed a highly volatile session as futures rollover week pressure kept investors on edge. Despite sharp intraday swings the index briefly surged to an intraday high of [---] points before volatility returned. Buying interest in heavyweight stocks such as UBL PPL PIOC OGDC and POL provided intermittent support while profit-taking in FFC MARI and HUBC capped any recovery attempt. https://tribune.com.pk/story/2589824/psx-plunges-over-6000-points https://tribune.com.pk/story/2589824/psx-plunges-over-6000-points"  
[X Link](https://x.com/toplinesec/status/2017140684718051736)  2026-01-30T07:39Z 24.3K followers, [---] engagements


"Pakistan Weekly SPI Alert Jan [--] [----] Pakistans Weekly SPI for the period ending Jan [--] [----] decreased by 0.03% WoW while up by 4.52% YoY. To note this YoY increase marks a 13-weeks high. Major decrease WoW is observed in the prices of Potatoes (7.81%) Onions (6.61%) Salt (1.36%) and Wheat Flour (1.17%). Regards ToplineResearch https://twitter.com/i/web/status/2017165810276700488 https://twitter.com/i/web/status/2017165810276700488"  
[X Link](https://x.com/toplinesec/status/2017165810276700488)  2026-01-30T09:19Z 24.3K followers, [---] engagements


"Topline Market Review (Jan [--] 2026): KSE [---] Index rebounded today as market largely traded in positive zone during the trading session to close at [------] level (up by 1%). Top positive contribution to the index came from ENGROH LUCK UBL MEBL MARI and HBL as they cumulatively contributed +1197 points to the index. Traded value wise FFC (PKR.4.8bn) PPL (PKR.2.6bn) OGDC (PKR.2.18bn) NBP (PKR.1.71bn) and PTC (PKR.1.55bn) dominated the trading activity. Investor interest was observed in the textile sector in second half of trading session on news that Prime Minister Shahbaz Sharif has announced"  
[X Link](https://x.com/toplinesec/status/2017218119589380585)  2026-01-30T12:47Z 24.3K followers, [---] engagements


"SBP reserves down US$784mn to US$6.7bn for the week ending Dec [--] [----]. #SBP #PSX"  
[X Link](https://x.com/toplinesec/status/1600874526610542593)  2022-12-08T15:26Z 24.4K followers, [--] engagements


"Pakistan Technology: IT exports for Apr-23 hit amid lower working days; Down 15% MoM to US$191mn #ITExport #Technology #Export #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/1659467272732155905)  2023-05-19T07:53Z 24.3K followers, [---] engagements


"Pakistan trade deficit for Nov-2023 was down by 13% MoM to US$1.888bn. Imports decline 8% MoM to US$4.460bn and Export down 4% MoM to US$2.572bn. #Trade #Export #Import #PBS #Pakistan"  
[X Link](https://x.com/toplinesec/status/1730557439194419633)  2023-12-01T12:00Z 24.3K followers, [----] engagements


"Pakistan External Debt stands at US$101bn as of Sep-2023 according to IMF country report. Of this total US$101bn 45% (US$45bn) is attributed to Multilateral Creditor followed by 41% (US$42bn) from Bilateral Creditors 8% (US$8bn) from Bond holders 6% (US$6bn) from Commercial Creditors and less than 1% (US$0.6bn) Other International Creditors. https://twitter.com/i/web/status/1749444684542529939 https://twitter.com/i/web/status/1749444684542529939"  
[X Link](https://x.com/anyuser/status/1749444684542529939)  2024-01-22T14:51Z 24.4K followers, 15K engagements


"Topline Securities in its report noted that the equity market experienced a positive trend. The aforesaid rally can be attributed to Oil and Gas Development Company Bank AL Habib Bank Alfalah Attock Petroleum and Habib Metropolitan Bank as they collectively contributed [---] points to the index Topline added. https://buff.ly/48JEFSx https://buff.ly/48JEFSx"  
[X Link](https://x.com/toplinesec/status/1750401626349936889)  2024-01-25T06:14Z 24.4K followers, [---] engagements


"Pakistan received Gross inflows of US$141mn under RDA in Feb-2024 vs average of US$178mn since its launch in Sep-2020. Net inflows (Gross inflow less funds repatriated) under RDA clocked in at US$132mn in Feb-2024 vs average of US$141mn since its launch in Sep-2020"  
[X Link](https://x.com/toplinesec/status/1769975793084412126)  2024-03-19T06:34Z 24.3K followers, [---] engagements


"*Foreign corporates turned net buyers in FY24 with net inflows of US$152mn after [--] Years* Improving economic indicators successful initiation and completion of the IMF Standby Agreement timely initiation of talks with the IMF for a new program and stability in the currency amidst strong dollar inflows helped increase foreign investor confidence in the Pakistani stock market. https://twitter.com/i/web/status/1807295452678967631 https://twitter.com/i/web/status/1807295452678967631"  
[X Link](https://x.com/toplinesec/status/1807295452678967631)  2024-06-30T06:09Z 24.3K followers, [----] engagements


"FX reserves held by SBP up by US$106mn to US$10.81bn for the week ending Oct [--] [----]. #SBP #FXReserves #Pakistan"  
[X Link](https://x.com/toplinesec/status/1844389471866769752)  2024-10-10T14:48Z 24.3K followers, [---] engagements


"Topline Economy Alert Feb [--] [----] Pakistan recorded Current Account Deficit of US$420mn in Jan [----] vs. Surplus of US$474mn in Dec [----]. The current account turned in deficit on MoM basis due to increase in trade deficit by 37% MoM to US$2.5bn while PBS recorded trade deficit of US$2.3bn for Jan [----]. This reduces Current Account Surplus to US$682mn in 7MFY25 compared to deficit of US$1.8bn in 7MFY24. Regards ToplineResearch"  
[X Link](https://x.com/toplinesec/status/1891795019100529005)  2025-02-18T10:20Z 24.3K followers, [---] engagements


"In today's T-Bill auction participation of Rs2132bn was seen with government raising Rs1057bn as against target of Rs950bn and maturity of Rs1104bn. Yields fall by 11bps for [--] month while up [--] bps for [--] month and unchanged for [--] and [--] month"  
[X Link](https://x.com/toplinesec/status/1983510781892108654)  2025-10-29T12:26Z 24.4K followers, [---] engagements


"FX reserves held by SBP up by US$22mn to US$14.52bn for the week ending Nov [--] 2025"  
[X Link](https://x.com/toplinesec/status/1988964748675670062)  2025-11-13T13:38Z 24.4K followers, [---] engagements


"Pakistans monthly cement export proceeds in Oct-2025 surged to USD 42.6mn marking the highest level in [--] years since the all-time record of USD 43.9mn in Sep-2014. This reflects renewed momentum in Pakistans cement exports attributable to supply-side disruption from key European exporting markets. https://twitter.com/i/web/status/1992110798827827444 https://twitter.com/i/web/status/1992110798827827444"  
[X Link](https://x.com/toplinesec/status/1992110798827827444)  2025-11-22T06:00Z 24.3K followers, [----] engagements


"Pakistan Market - IMF Program; [--] new structural benchmarks; US$250mn Panda bond launch likely (Dec [--] 2025) For Full Report @IMFNews @Pakistan @toplinesec https://www.linkedin.com/feed/update/urn:li:activity:7405254457778757633 https://www.linkedin.com/feed/update/urn:li:activity:7405254457778757633"  
[X Link](https://x.com/toplinesec/status/1999489413823545509)  2025-12-12T14:39Z 24.3K followers, [----] engagements


"Topline Economy Alert Dec [--] [----] Pakistan posted a Current Account Surplus of US$100mn in Nov [----] vs deficit of US$291mn in Oct [----]. In 5MFY26 Current Account Deficit remained at US$812mn. The country reported Current Account Surplus than our expectation of US$100-150mn deficit due to lower services trade deficit. Also goods trade deficit reported by SBP is at 88.5% of PBS data (vs. historical 90%). The central bank has also significantly revised Oct [----] current account deficit from earlier reported US$112mn to revised US$291mn. We maintain our FY26 CAD expectations of US$2.9bn (or 0.7%"  
[X Link](https://x.com/toplinesec/status/2001186013738361056)  2025-12-17T07:01Z 24.3K followers, [---] engagements


"Topline Weekly Review (Jan [--] 2026): KSE [---] Index gained +2.2% on WoW basis this weekly gain can be accredited to investors expectation of cut in policy rate in monetary policy meeting on Monday January [--]. Further decline in yields in T-Bill auction held during the week also provided stimulus to investor sentiment. Major developments during the week were: 1) Current Account for the month of Dec [----] posting a deficit of US$244mn vs. revised surplus of US$98mn in Nov [----] 2) Foreign Direct Investment (FDI) for the month of Dec [----] reporting a net outflow of -US$135mn vs. net inflow of"  
[X Link](https://x.com/toplinesec/status/2014679166915117092)  2026-01-23T12:38Z 24.3K followers, [---] engagements


"Topline Economy Alert Jan [--] [----] Pakistans economic indicators in [----] reflected a broad-based recovery supported by easing inflation improving macro stability and a strong rebound in domestic demand. High-frequency indicators were led by robust growth in autos cement motorcycles and truck sales alongside steady power generation and petroleum demand. On the macro front inflation fell sharply averaging at 3.5% enabling monetary easing with 6M T-bill yields declining to an average 11.2%. Record remittances of US$40bn improving FX reserves and 10% LSM growth underpinned economic resilience"  
[X Link](https://x.com/toplinesec/status/2014952903312867508)  2026-01-24T06:46Z 24.3K followers, [----] engagements


"We are pleased to announce the closure of Zarea Limited First Short Term Sukuk of PKR [---] Billion. We Topline Securities and Growth Securities as the Mandated Lead Advisors and Arrangers would like to express our gratitude to the Zarea Limited and our Investors for entrusting us with our services. We would also like to thank Mohsin Tayebaly & Co. (Transaction Legal Counsel to the Issue) Al-Hilal Shariah Advisors (Shariah Advisor to the Issue) Pak Brunei (Investment Agent to the Issue) and PACRA (Rating Agency to the Issue). #Sukuk #DebtCapitalMarkets #Zarea #Topline #Agri"  
[X Link](https://x.com/toplinesec/status/2015666013803786476)  2026-01-26T06:00Z 24.3K followers, [----] engagements


"Topline Economy Alert Jan [--] [----] Central Bank (SBP) has kept the interest rate unchanged in todays Monetary Policy Committee (MPC) meeting. This came as a surprise in our view as majority of the participants were expecting a rate cut. Regards ToplineResearch"  
[X Link](https://x.com/toplinesec/status/2015744059449487489)  2026-01-26T11:10Z 24.3K followers, [----] engagements


"Pakistan Economy SBP maintains policy rate at 10.50%; 8Banks CRR Requirement reduced; FX Reserves to cross all time high level by Dec [----] (Jan [--] 2026) #MPS #MonetaryPolicy #SBP #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/2015791108270272550)  2026-01-26T14:17Z 24.3K followers, [----] engagements


"Topline Trade Alert Feb [--] [----] Pakistan trade deficit for Jan-2026 decreased by 7% YoY and 29% MoM to US$2.73bn. Exports improved by 4% YoY and 35% MoM to US$3.06bn. Monthly imports clocked in at US$5.79bn down 1% YoY and 5% MoM. This takes 7MFY26 deficit to US$17.2bnup28%YoY. We maintain our Exports and Imports growth target (SBP) for FY26 at -1% and +13% respectively. Regards ToplineResearch #PBS #TradeNumber #Pakistan #Topline https://twitter.com/i/web/status/2018383640414056772 https://twitter.com/i/web/status/2018383640414056772"  
[X Link](https://x.com/toplinesec/status/2018383640414056772)  2026-02-02T17:58Z 24.3K followers, [----] engagements


"ILP: 2QFY26 EPS at Rs2.25 up 3.8x YoY and 15% QoQ; 1HFY26 EPS Rs4.21 up 4x YoY - Higher than expectations due to higher than expected other income and lower than expected financial charges DPS: 2QFY26 Rs2 ; 1HFY26 DPS Rs2 - Higher than expectations"  
[X Link](https://x.com/toplinesec/status/2018956696492863516)  2026-02-04T07:56Z 24.4K followers, [---] engagements


"Topline Weekly Review (Feb [--] 2026): KSE [---] Index closed on a flat note on WoW basis due to lack of triggers in the market. Major developments during the outgoing week were: 1) Pakistan's CPI for Jan [----] clocking in at 5.80% compared to last month of 5.61% and 2) Pakistan trade deficit for Jan-2026 coming in at US$2.73bn (down by 7% YoY and 29% MoM). During the week mutual funds and local companies continue offer support to the index as they cumulatively purchased equities worth $22.7mn & $5mn respectively as of last working day (Wednesday Feb 4); and on the other hand individuals banks and"  
[X Link](https://x.com/toplinesec/status/2019759059239584252)  2026-02-06T13:04Z 24.4K followers, [---] engagements


"Auction Result: Govt of Pakistan IjarahSukuk #IjaraSukukAuction #PSX #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/2019789673904615935)  2026-02-06T15:05Z 24.4K followers, [---] engagements


"Furnace Oil (FO) sales have fallen to a 15-year low FO sales have declined from 9.2mn tons in [----] peaking at 9.8mn tons in [----] to just 0.6mn tons in [----]. The sharp contraction reflects Pakistans structural shift away from FO-based power generation driven by rising reliance on LNG coal hydel and renewables improved energy efficiency and the higher Petroleum Development Levy (PDL) introduced in the FY26 budget. As a result FOs role in the energy mix has become increasingly marginal. https://twitter.com/i/web/status/2020014663493193735 https://twitter.com/i/web/status/2020014663493193735"  
[X Link](https://x.com/toplinesec/status/2020014663493193735)  2026-02-07T06:00Z 24.4K followers, [----] engagements


"Topline Economy Alert Feb [--] [----] Pakistan Central Government Debt Statistics for Dec [----] Pakistan's Central Government Domestic Debt up 11.0% YoY and 1.4% MoM to Rs55.4trn in Dec-2025. External Debt up 6% YoY and 1% MoM to Rs23.1trn in Dec-2025. Total Pakistan's Central Government Debt stands at Rs78.5trnup9.6% YoY and 1.3% MoM basis. External debt (Central Govt.) has increased to US$82.7bn in Dec [----] from US$81.7 in Nov [----]. In Jun [----] the said debt was US$82.5bn. Regards Topline Research #CentralGovtDebt #SBP #Economy #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/2021577074062860397)  2026-02-11T13:28Z 24.4K followers, [----] engagements


"EFERT: 4Q2025 EPS at Rs6.26 down 19% YoY but up by 44% QoQ; [----] EPS at Rs16.95 down 20% YoY. Earnings lower than industry expectations due to higher than expected gross margins and provision of one time super tax. DPS: 4Q2025 Rs4.0; [----] DPS [----] - Lower than expectations"  
[X Link](https://x.com/toplinesec/status/2021794675359891758)  2026-02-12T03:53Z 24.4K followers, [---] engagements


"Topline OMC Alert Feb [--] [----] Pakistan OMCs sales reach 1.5mn tons in Jan [----] up 10% YoY and 12% MoM. This takes 7MFY26 sales to 9.7mn tons up 3% YoY. Ex-FO sales up 7% YoY and 9% MoM to 1.4mn tons in Jan 2026.This takes 7MFY26 Ex-FO sales to clock in at 9.4mn tonsup5%YoY. Regards ToplineResearch #OMC #Sales #Oil #Pakistan #Topline https://twitter.com/i/web/status/2018600533674664251 https://twitter.com/i/web/status/2018600533674664251"  
[X Link](https://x.com/toplinesec/status/2018600533674664251)  2026-02-03T08:20Z 24.4K followers, [---] engagements


"Sales of cars pickups vans and sport utility vehicles clocked in at [-----] units in January marking a 43-month high reflecting a [--] per cent year-on-year (YoY) and 74pc month-on-month (MoM) increase. Cumulative sales rose 43pc to [------] units in 7MFY26 up from [-----] units in 7MFY25. Myesha Sohail of Topline Securities said the sharp MoM surge was largely driven by new-year registrations as customers typically delay deliveries to secure January registrations for better resale value. https://www.dawn.com/news/1972479 https://www.dawn.com/news/1972479"  
[X Link](https://x.com/toplinesec/status/2021809803593699806)  2026-02-12T04:53Z 24.4K followers, [----] engagements


"CPHL: 2QFY26 EPS at Rs1.77 up 58% YoY and 99% QoQ; 1HFY26 EPS at Rs2.66 up 32% YoY - Earnings higher than expectations due to the higher than expected sales growth and gross margins. DPS: 2QFY26 Rs Nill; 1HFY26 DPS Nill"  
[X Link](https://x.com/toplinesec/status/2022270683481514048)  2026-02-13T11:24Z 24.4K followers, [---] engagements


"In today's T-Bill auction participation of Rs1.29trn was seen with government raising Rs361bn as against target of Rs300bn and maturity of Rs377bn. Interestingly yields increased by 25-126bps with the cutoff yield on [--] [--] and 12-month bonds standing at 21.69% 20.39% and 20.32% respectively. https://twitter.com/i/web/status/1760312840320143696 https://twitter.com/i/web/status/1760312840320143696"  
[X Link](https://x.com/toplinesec/status/1760312840320143696)  2024-02-21T14:37Z 24.4K followers, [----] engagements


"Pakistan exports in Oct-25 clocked in at US$2.849bn (down 4% YoY while up 14% MoM). Textile exports stands at US$1.617bn in Oct-25 (down 1% YoY but up 3% MoM). Imports on other hand were up 22% YoY and 5% MoM to US$6.131bn where Petroleum Imports up by 30% YoY and 11% MoM to US$1.375bn. This takes 4MFY26 exports at US$10.447bn down 4% YoY and imports at US$23.105bnup16%YoY https://twitter.com/i/web/status/1990695191548686730 https://twitter.com/i/web/status/1990695191548686730"  
[X Link](https://x.com/toplinesec/status/1990695191548686730)  2025-11-18T08:14Z 24.4K followers, [----] engagements


"Pakistan Fertilizer - Urea sales for Dec [----] at all time high of 1356k tons; Inventory at 0.31mn tons (Jan [--] 2026) Asad Ali #Fertilizer #Urea #Sales #Topline #Pakistan https://twitter.com/i/web/status/2007013911116366260 https://twitter.com/i/web/status/2007013911116366260"  
[X Link](https://x.com/toplinesec/status/2007013911116366260)  2026-01-02T08:59Z 24.4K followers, [----] engagements


"SAZEW market cap crosses US$500mn SAZEW has grown from a US$10.8mn company in Feb [----] to US$500mn in Feb [----] marking a 46x increase in just three years. This growth is driven by company's entry into [--] wheeler segment in partnership with Great Wall Motors (GWM). The company launched various models and successfully built its brand nationwide in a very short span. The recent launch of high end SUV "Tank" further increased shareholders confidence in the company. #SAZEW #SAZGAR #PSX #Topline https://twitter.com/i/web/status/2018269162209161391 https://twitter.com/i/web/status/2018269162209161391"  
[X Link](https://x.com/toplinesec/status/2018269162209161391)  2026-02-02T10:24Z 24.4K followers, [----] engagements


"Interloop Limited (ILP): 2QFY26 EPS at Rs2.25 up 2.8x YoY and 15% QoQ higher than expectations (Feb [--] 2026) #ILP #Pakistan #Topline #PSX"  
[X Link](https://x.com/toplinesec/status/2018976252204646816)  2026-02-04T09:13Z 24.4K followers, [---] engagements


"PSX - Total Leverage (MTS MFS and Future Open Interest)"  
[X Link](https://x.com/toplinesec/status/2020712519464350183)  2026-02-09T04:13Z 24.4K followers, [---] engagements


"Topline Securities Ltd noted that the market lacked meaningful triggers resulting in a largely flat performance compared to the previous week. https://www.dawn.com/news/1971813 https://www.dawn.com/news/1971813"  
[X Link](https://x.com/toplinesec/status/2020750128550949259)  2026-02-09T06:42Z 24.4K followers, [---] engagements


"Topline Market Review (Feb [--] 2026): The KSE-100 Index closed in the red settling at [------] points down [----] points on a day marked by heightened volatility. The index oscillated between an intraday high of [------] points and a low of [------] points. Index performance was largely pressured by heavyweight decliners with OGDC MEBL PPL UBL and LUCK collectively contributing a negative [---] points. These losses were partially offset by gains in select index heavyweights including SAZEW MCB and NESTLE which together added [---] points. Market activity with total traded volume at [---] million shares and"  
[X Link](https://x.com/toplinesec/status/2020829540575240204)  2026-02-09T11:58Z 24.4K followers, [---] engagements


"PSX - Total Leverage (MTS MFS and Future Open Interest)"  
[X Link](https://x.com/toplinesec/status/2021066516037501393)  2026-02-10T03:39Z 24.4K followers, [---] engagements


"Topline Market Review (Feb [--] 2026): Bulls Lose Grip as Market Closes Marginally Lower The local bourse blew hot and cold in todays session as bulls failed to sustain early momentum. The index opened firm and rallied to an intraday high of [---] points but selling pressure quickly emerged flipping the tape into the red. Bears dominated the second half pulling the index to an intraday low of [---] points before it settled at [------] down [---] points or 0.10%. Heavyweight selling weighed on the index with HBL TRG KEL AKBL and BAFL jointly knocking off [---] points. Select buying in ENGROH LUCK FFC and"  
[X Link](https://x.com/toplinesec/status/2021198806881333370)  2026-02-10T12:25Z 24.4K followers, [---] engagements


"Lucky Core Industries (LCI) Corporate Briefing Key Takeaways (Feb [--] 2026) #LCI #CBS #PSX #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/2021214420018319751)  2026-02-10T13:27Z 24.4K followers, [---] engagements


"PSX - Total Leverage (MTS MFS and Future Open Interest)"  
[X Link](https://x.com/toplinesec/status/2021429039521726779)  2026-02-11T03:40Z 24.4K followers, [---] engagements


"Pakistan Telecom Stats FY20 Report 98% of the households own a mobile phone Mobile subscription increased to 81% or 172mn in Oct [----] from 161mn in Jun [----] Broadband penetration increased from 34% (71mn) in Jun [----] to 42% (90mn) in Oct [----] Net FDI: US$622.5mn #Telecom"  
[X Link](https://x.com/anyuser/status/1350425027959783429)  2021-01-16T12:49Z 24.4K followers, [--] engagements


"Pakistan's trade deficit for Feb-2025 remained flat MoM at US$2.29bn. Imports decline 10% MoM to US$4.738bn and Export down 17% MoM to US$2.439bn. In 8MFY25 trade deficit up by 6% YoY to US$15.78bn compared to US$14.84bn in 8MFY24"  
[X Link](https://x.com/toplinesec/status/1896501077958439115)  2025-03-03T10:01Z 24.4K followers, [---] engagements


"FX reserves held by SBP up by US$27mn to US$14.55bn for the week ending Nov [--] 2025"  
[X Link](https://x.com/toplinesec/status/1991521657761001880)  2025-11-20T14:58Z 24.4K followers, [---] engagements


"Pakistans equity market capitalization has climbed to US$74bn marking its highest level in the past [---] years driven by robust performance in high-weight sectors particularly banking fertilizers and oil & gas. @pakstockexgltd @Pakistan @toplinesec"  
[X Link](https://x.com/toplinesec/status/2008574294436270416)  2026-01-06T16:20Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2013933892047368224)  2026-01-21T11:17Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2014295911002972467)  2026-01-22T11:15Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2014674297881821226)  2026-01-23T12:19Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2015747177117794630)  2026-01-26T11:22Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2016470673674432786)  2026-01-28T11:17Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2016831481315020850)  2026-01-29T11:11Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2017210244917858441)  2026-01-30T12:16Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2018284709990879650)  2026-02-02T11:25Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2018647902399463850)  2026-02-03T11:28Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2019007142871912509)  2026-02-04T11:16Z 24.4K followers, [---] engagements


"PIBs (Floaters) Auction #PIBFloaters #SBP #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/2019031019748225302)  2026-02-04T12:51Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2019755245723582556)  2026-02-06T12:49Z 24.4K followers, [---] engagements


"Bank AL Habib (BAHL): 4Q2025 EPS at Rs5.20 down 16% QoQ (Earnings lower than industry expectations) (Feb [--] 2026) #BAHL #FinancialResult #PSX #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/2021564153026973863)  2026-02-11T12:37Z 24.4K followers, [---] engagements


"PSX - Total Leverage (MTS MFS and Future Open Interest)"  
[X Link](https://x.com/toplinesec/status/2021791408131387535)  2026-02-12T03:40Z 24.4K followers, [---] engagements


"In today's T-Bill auction participation of Rs1229bn was seen with government raising Rs442bn as against target of Rs150bn and maturity of Rs334bn. Yields on [--] and [--] month bond fall by 10bps and 18bps respectively while yield on [--] month bonds remain unchanged"  
[X Link](https://x.com/toplinesec/status/1811092238732337515)  2024-07-10T17:36Z 24.4K followers, [---] engagements


"In today's fixed bond PIB auction government raised Rs785bn (Competitive & Non-Competitive) against target of Rs1439bn whereas cut-off yields up by 6-9bps whereas down 9bps for [--] year bonds"  
[X Link](https://x.com/toplinesec/status/1986042104447934758)  2025-11-05T12:05Z 24.4K followers, [---] engagements


"Topline Market Review (Nov [--] 2025): Bulls Charge Ahead as Market Soars on Acquisition Buzz The bulls marched strong today as the KSE-100 Index surged to an intraday high of [----] points before settling at [------] up by [----] points or 1.56%. The rally was fueled by renewed investor optimism following merger and acquisition developments in the cement sector. On the news front Maple Leaf Cement (MLCF) announced plans to acquire Pioneer Cement (PIOC) as per a notice to the exchange. MLCF and Maple Leaf Capital (MLCL) jointly hold an 18.6% stake in PIOC while the Habibullah Group controls around"  
[X Link](https://x.com/toplinesec/status/1988931156746874966)  2025-11-13T11:25Z 24.4K followers, [---] engagements


"FX reserves held by SBP up by US$14mn to US$14.57bn for the week ending Nov [--] 2025"  
[X Link](https://x.com/toplinesec/status/1996581552067686615)  2025-12-04T14:05Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2016111296652206365)  2026-01-27T11:29Z 24.4K followers, [---] engagements


"State Bank of Pakistan (SBP) expects its reserves to cross an all-time high by Dec-26 to over USD [----] billion sufficient to 3x monthly import cover. The continuous increase in FX reserves is the result of the SBP's move to buy dollars from market during last 2-3 years successful IMF reviews rollover support from friendly countries and lower crude oil prices that have helped contain the petroleum import bill. https://twitter.com/i/web/status/2020377055385514110 https://twitter.com/i/web/status/2020377055385514110"  
[X Link](https://x.com/toplinesec/status/2020377055385514110)  2026-02-08T06:00Z 24.4K followers, [----] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2020820206302425190)  2026-02-09T11:20Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2021181372568592652)  2026-02-10T11:16Z 24.4K followers, [---] engagements


"Topline Securities in its Economy Alert dated February [--] [----] said Pakistans remittances stood at $3.5 billion in January rising 15% on a year-on-year basis but declining 4% compared to December. https://www.geo.tv/latest/650056-pakistans-workers-remittances-surge-to-35bn-in-january-2026 https://www.geo.tv/latest/650056-pakistans-workers-remittances-surge-to-35bn-in-january-2026"  
[X Link](https://x.com/toplinesec/status/2021183932901773679)  2026-02-10T11:26Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2021542523999768669)  2026-02-11T11:11Z 24.4K followers, [---] engagements


"The domestic debt reached Rs55.4 trillion reflecting an 11% annual increase and a 1.4% month-on-month expansion underscoring the governments continued reliance on local financing sources amid tight fiscal conditions and ongoing external repayment pressures according to data compiled by Topline Securities. https://tribune.com.pk/story/2592105/debt-hits-rs785tr-on-local-borrowing https://tribune.com.pk/story/2592105/debt-hits-rs785tr-on-local-borrowing"  
[X Link](https://x.com/toplinesec/status/2021808260077306166)  2026-02-12T04:47Z 24.4K followers, [---] engagements


"Pakistan Stock Exchange - Key Statistics"  
[X Link](https://x.com/toplinesec/status/2021904901069287517)  2026-02-12T11:11Z 24.4K followers, [---] engagements


"In today's T-Bill auction participation of Rs2355bn was seen with the government raising Rs784bn against a target of Rs650bn and maturity of Rs697bn. Yields went up by [--] bps for [--] month and [--] month T-Bills [--] bps for 6-month and [--] bps for 12-month T-Bills. #Tbills #SBP #Pakistan #Topline https://twitter.com/i/web/status/2019030722162344318 https://twitter.com/i/web/status/2019030722162344318"  
[X Link](https://x.com/toplinesec/status/2019030722162344318)  2026-02-04T12:50Z 24.4K followers, [---] engagements


"FX reserves held by SBP up by US$56mn to US$16.2bn for the week ending Jan [--] [----]. We expect SBP's Liquid FX Reserves to reach US$17.4bn in Jun-2026. #FXReserves #SBP #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/2019775687981224098)  2026-02-06T14:10Z 24.4K followers, [---] engagements


"SCRA: T-Bills Monthly Net Dollar Inflow/(Outflow) #SCRA #SBP #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/2021858149234348214)  2026-02-12T08:05Z 24.4K followers, [---] engagements


"Pakistan Secondary Market Bond Yields"  
[X Link](https://x.com/toplinesec/status/2021916999539159378)  2026-02-12T11:59Z 24.4K followers, [---] engagements


"FX reserves held by SBP up by US$21mn to US$16.2bn for the week ending Feb [--] [----]. We expect SBP's Liquid FX Reserves to reach US$17.4bn in Jun-2026. #FXReserves #SBP #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/2021946819840745478)  2026-02-12T13:57Z 24.4K followers, [---] engagements


"PSX - Total Leverage (MTS MFS and Future Open Interest)"  
[X Link](https://x.com/toplinesec/status/2022155979916533955)  2026-02-13T03:48Z 24.4K followers, [---] engagements


"Engro Fertilizers (EFERT): 4Q2025 EPS at Rs6.26 down 19% YoY (Earnings lower than industry expectations) (Feb [--] 2026)"  
[X Link](https://x.com/toplinesec/status/2021827534388941224)  2026-02-12T06:03Z 24.4K followers, [---] engagements


"Topline Market Review (Feb [--] 2026): Continuing its negative momentum KSE [---] Index largely traded in negative zone during the trading session to settle at [------] level (down by -0.50%). This negativity in market can be accredited to ongoing result session where corporate results have fell short of investors expectation. Top negative contribution to the index came from LUCK UBL OGDC SYS EFERT and ENGROH as they cumulatively weighed down on the index by [----] points. Traded value wise OGDC (PKR.4.1bn) PPL (PKR.3bn) NBP (PKR.2.7bn) LUCK (PKR.1.87bn) ENGROH (PKR.1.7bn) and SYS (PKR.1.55bn)"  
[X Link](https://x.com/toplinesec/status/2022295586180137414)  2026-02-13T13:03Z 24.4K followers, [---] engagements


"Remittances for Nov-20 clocked in at US$2.339bn up 28% YoY (+2% MoM)"  
[X Link](https://x.com/toplinesec/status/1337271883553771520)  2020-12-11T05:43Z 22.9K followers, [--] engagements


"Dec-2020 Current Account Deficit at US$662mn vs. Nov-2020 Current Account Surplus of US$513mn #PSX #Topline #SBP"  
[X Link](https://x.com/toplinesec/status/1352107526175780871)  2021-01-21T04:15Z 23.1K followers, [--] engagements


"Pakistan Current Account Deficit (CAD) during Jan [----] clocked in at US$229mn down 65% YoY. During 7MFY21 surplus came down to US$912mn (1HFY21: US$1141bn) compared to a deficit of US$2.5bn @StateBank_Pak #PSX #CAD #BreakingNews"  
[X Link](https://x.com/toplinesec/status/1363863904330211332)  2021-02-22T14:51Z 23.2K followers, [--] engagements


"Jan-2021 Current Account Deficit at US$229mn vs. Dec-2020 Current Account Deficit of US$652mn #SBP #Economy"  
[X Link](https://x.com/toplinesec/status/1364058905328893957)  2021-02-23T03:46Z 24K followers, [--] engagements


"Pakistan workers remittances during Feb [----] clocked in US$2.266bn up 24% YoY and flattish MoM. Remittances have sustained over US$2bn for a 9th consecutive month. During 8MFY21 remittances have clocked in at US$18.743bn up 24%. @StateBank_Pak @FinMinistryPak @Hammad_Azhar"  
[X Link](https://x.com/toplinesec/status/1369962352746057734)  2021-03-11T10:44Z 22.9K followers, [--] engagements


"IT services exports of Pakistan have increased by 69% YoY to US$179mn in Feb [----]. Compared to the previous month IT exports are up 11%. During 8MFY21 IT exports have reached US$1.3bn up 41% YoY. @MoIB_Official @MinistryofST @StateBank_Pak @pakstockexgltd"  
[X Link](https://x.com/anyuser/status/1373695938989002757)  2021-03-21T18:00Z 24.4K followers, [---] engagements


"Pakistan IT exports in Mar [----] has increased by 58% YoY to US$213mn. During 9MFY21 IT exports have reached US$1.5bn up 44%. @Hammad_Azhar @MoIB_Official @fawadchaudhry @StateBank_Pak #Pakistan @SystemsLtd @toplinesec IT services exports of Pakistan have increased by 69% YoY to US$179mn in Feb [----]. Compared to the previous month IT exports are up 11%. During 8MFY21 IT exports have reached US$1.3bn up 41% YoY. @MoIB_Official @MinistryofST @StateBank_Pak @pakstockexgltd IT services exports of Pakistan have increased by 69% YoY to US$179mn in Feb [----]. Compared to the previous month IT exports"  
[X Link](https://x.com/anyuser/status/1385683454386491393)  2021-04-23T19:54Z 24.4K followers, [---] engagements


"Highest average monthly average volumes at PSX Average monthly volumes at PSX during May [----] clocked in at 774mn shares. Average volumes in May [----] were 206mn and volumes in Apr [----] were 354mn shares. @pakstockexgltd @Hammad_Azhar @Asad_Umar @shaukat_tarin"  
[X Link](https://x.com/toplinesec/status/1399347018309513216)  2021-05-31T12:48Z 22.8K followers, [--] engagements


"Funds received in Roshan Digital Accounts have reached to US$1.562bn in Jun [----]. Incremental flows in month of Jun [----] were US$310mn. Investment in Naya Pakistan Certificates has reached US$1.05bn in Jun [----]. [------] accounts have been opened till Jun [----]. @Hammad_Azhar"  
[X Link](https://x.com/anyuser/status/1411452491275902982)  2021-07-03T22:31Z 24.4K followers, [--] engagements


"Sept-2021 Current Account Deficit at US$1113mn vs. Aug-2021 revised Current Account Deficit of US$1473mn #CAD #CurrentAccount #SBP"  
[X Link](https://x.com/toplinesec/status/1450495744587313163)  2021-10-19T16:15Z 23.4K followers, [--] engagements


"Nov-2021 Current Account Deficit at US$1908mn vs. Oct-2021 revised Current Account Deficit of US$1760mn"  
[X Link](https://x.com/toplinesec/status/1472932689716072459)  2021-12-20T14:11Z 23.1K followers, [--] engagements


"FFC: 4Q2021 EPS at Rs4.7 (15% YoY and 7% QoQ) - Earnings inline with expectations 4Q2021 DPS : [----] #FFC #ResultAnnouncement #Fertilizer"  
[X Link](https://x.com/toplinesec/status/1488077774308921346)  2022-01-31T09:12Z 24K followers, [--] engagements


"Pakistan forex reserves increased to US$23.7bn after receipt of IMF tranche @AliyaHamzaPti @PTIofficial #IMF #Pakistan #Reserves"  
[X Link](https://x.com/toplinesec/status/1491784775660720128)  2022-02-10T14:43Z 23.1K followers, [--] engagements


"Current Account Deficit in Feb [----] clocked in at US$545mn #SBP #CAD"  
[X Link](https://x.com/toplinesec/status/1505124513142427656)  2022-03-19T10:10Z 23.2K followers, [--] engagements


"In today's T-Bill auction huge participation of Rs2.37trn was seen today with government raising Rs1.74trn as against target of Rs800bn and maturity of Rs791. Yields on [--] and [--] months T-Bill was down by 2bps and 15bps respectively whereas on 12-month yields remained flat"  
[X Link](https://x.com/toplinesec/status/1542187324393545734)  2022-06-29T16:44Z 23.8K followers, [--] engagements


"SBP FX reserves down by US$113mn to US$7.697bn for week ending Aug [--] [----]. #SBP #FX Reserves #Topline"  
[X Link](https://x.com/toplinesec/status/1565356275558481921)  2022-09-01T15:09Z 23.4K followers, [--] engagements


"In today's T-Bill auction participation of Rs1.29trn was seen today with government raising Rs817bn as against target of Rs1.0trn and maturity of Rs1.028trn. Yields on [--] and [--] months were up by 4-21bps while yield on [--] months remain unchanged. #PSX #SBP"  
[X Link](https://x.com/toplinesec/status/1567555295156609024)  2022-09-07T16:48Z 23.9K followers, [--] engagements


"Pakistan Foreign Exchange Reserves down by US$342mn to US$13.2bn for the week ending Oct [--] [----]. SBP reserves down by US$303mn to US$7.6bn. #Reseraves #SBP #PSX"  
[X Link](https://x.com/toplinesec/status/1580591813127475200)  2022-10-13T16:10Z 23.5K followers, [--] engagements


"Foreign Direct investment (FDI) clocked in at US$84mn in Sep-22 vs. US$250mn in Sep-21 and US$111mn in Aug-22. In 1QFY23 FDI clocked in at US$253mn 47% lower than 1QFY22 of US$479mn"  
[X Link](https://x.com/toplinesec/status/1582940168306073601)  2022-10-20T03:42Z 23K followers, [--] engagements


"In today's T-Bill auction participation of Rs1247bn was seen with government raising Rs709bn as against target of Rs650bn and maturity of Rs635bn. Yields on [--] and [--] months were down by 1-4bps while yield on [--] months bonds remain unchanged"  
[X Link](https://x.com/toplinesec/status/1592903589604761600)  2022-11-16T15:33Z 23.1K followers, [--] engagements


"As per SBP current account deficit during Oct [----] clocked in at US$567mn as against US$363mn in Sep [----]. #SBP #CurrentAccount #Economy"  
[X Link](https://x.com/toplinesec/status/1594557811157270529)  2022-11-21T05:06Z 24K followers, [--] engagements


"SBP reserves down US$584mn to US$6116mn lowest level since April [----]. #SBP #PSX"  
[X Link](https://x.com/toplinesec/status/1605976256822104064)  2022-12-22T17:19Z 24K followers, [---] engagements


"SBP FX Reserves down US$592mn to US$3.086bn for the week ending Jan [--] [----]. Total FX Reserves down US$712mn to US$8.742bn"  
[X Link](https://x.com/toplinesec/status/1621162801065611267)  2023-02-02T15:05Z 23K followers, [----] engagements


"SBP FX Reserve down by US$170mn to US$2.916bn for the week ending Feb [--] 2023"  
[X Link](https://x.com/toplinesec/status/1623688187062243329)  2023-02-09T14:20Z 23.5K followers, [----] engagements


"Pakistan Technology: Pakistan Jan-23 IT exports at US$190mn (+2% YoY); 7MFY23 exports almost flat at US$1.5bn #PSX #KSE100 #FrontierMarkets #EmergingMarkets #Topline #Pakistan #PakistanStockExchange #IT #InformationTechnology For Full Report https://buff.ly/3ZdHOVK https://buff.ly/3ZdHOVK"  
[X Link](https://x.com/toplinesec/status/1628356705745530886)  2023-02-22T11:31Z 23.5K followers, [---] engagements


"Current Account Deficit at US$74mn in Feb-2023 which is lowest after [--] months. #PSX #Economy #SBP"  
[X Link](https://x.com/toplinesec/status/1637779617070170112)  2023-03-20T11:34Z 23K followers, [----] engagements


"Pakistan Economy: Current Account Surplus clocked in at US$654mn in Mar 2023; First Monthly Current Account Surplus since November [----] #PSX #KSE100 #Topline #Pakistan #PakistanStockExchange #Economy #CurrentAccount #SBP"  
[X Link](https://x.com/toplinesec/status/1648657601343750145)  2023-04-19T11:59Z 23.1K followers, [--] engagements


"Pakistan recorded Current Account Surplus of US$18mn in April-2023 Vs. Surplus of US$750mn in March-2023"  
[X Link](https://x.com/toplinesec/status/1658505364919181312)  2023-05-16T16:11Z 23.1K followers, [----] engagements


"The current Account Surplus remained lower on the back of higher-than-expected import payments. Pakistan Bureau of Statistics reported a Trade deficit of US$829mn while SBP has reported a trade deficit number of US$1595mn. The major difference in reported numbers is for imports where PBS reported imports of US$2953mn while SBP has reported a number of US$3707mn. Courtesy- Topline Securities https://buff.ly/3WduGzo https://buff.ly/3WduGzo"  
[X Link](https://x.com/toplinesec/status/1659076109219278849)  2023-05-18T05:59Z 23.5K followers, [---] engagements


"Mohammed Sohail CEO Topline Securities in a note said the open-market changes come after the State Bank of Pakistan (SBP) allowed credit/debit card payments (to be settled) through banks. https://buff.ly/43gdEDy https://buff.ly/43gdEDy"  
[X Link](https://x.com/toplinesec/status/1664505594173161472)  2023-06-02T05:33Z 23.9K followers, [---] engagements


"Pakistan posted Current Account Surplus (CAS) of US$255mn in May-2023 compared to CAS of US$78mn in April-2023 and Current Account Deficit (CAD) of US$1.5bn in May-2022"  
[X Link](https://x.com/toplinesec/status/1670851402636066823)  2023-06-19T17:49Z 23.9K followers, [----] engagements


"Pakistan Economy: Current Account Surplus clocked in at US$255mn in May 2023; CAS higher than expected on lower payments for imports #SBP #CurrentAccount #Imports #Economy #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/1671020864777732098)  2023-06-20T05:03Z 23K followers, [---] engagements


"In today's T-Bill auction participation of Rs3.3trn was seen with government raising Rs2.4trn as against target of Rs2.25trn and maturity of Rs2.2trn. Yield on [--] and [--] months bond remains unchanged while yield on [--] months bond was down 2bps"  
[X Link](https://x.com/toplinesec/status/1671538685509074945)  2023-06-21T15:20Z 22.8K followers, [----] engagements


"SBP Reserves up US$392mn to US$4.462mn for the week ending Jun [--] 2023"  
[X Link](https://x.com/toplinesec/status/1676994253019283473)  2023-07-06T16:39Z 22.8K followers, [----] engagements


"Gross amount of US$127mn came in through RDA in Jun-2023 to reach US$6.4bn. The amount repatriated in Jun-2023 was US$24mn taking total repatriated amount to US$1.5bn. #SBP #RDA #Pakistan #Topline"  
[X Link](https://x.com/toplinesec/status/1679840945754320896)  2023-07-14T13:11Z 22.9K followers, [----] engagements


"Pakistan's IT exports clocked in at US$214mn in Jul-2023 up 8% YoY while down 4% MoM. Similarly Net (Export Import) IT exports clocked in at US$190mn in Jul-2023 up 6% YoY while down 3% MoM. These IT export number only indicates the amount remitted back to Pakistan by tech companies and freelancers. It does not include income retained abroad. According to our channel checks IT players are retaining a greater portion of their proceeds outside the country due to declining business confidence and volatility of exchange rate"  
[X Link](https://x.com/toplinesec/status/1693499203945926815)  2023-08-21T05:44Z 23.5K followers, [----] engagements


"In today's T-Bill auction participation of Rs3.2trn was seen with government raising Rs2trn as against target of Rs2.25trn and maturity of Rs2.469trn. Yield on [--] and [--] months bond declined by 2bps and 4bps respectively while government rejects [--] months bond"  
[X Link](https://x.com/toplinesec/status/1694381924393914793)  2023-08-23T16:11Z 22.8K followers, [----] engagements


"SBP reserves down US$70mn to US$7.779bn for the week ending Sep [--] [----]. Reserves held with banks up US$26mn to US$5.347bn. #SBP #ForeignReserves #Economy #Dollar #Pakistan #KSE100"  
[X Link](https://x.com/toplinesec/status/1699773843341017574)  2023-09-07T13:17Z 23.2K followers, [---] engagements


"FDI up 15% YoY and 67% MoM to US$146mn in August [----]. In 2MFY24 FDI up 16% YoY US$234mn"  
[X Link](https://x.com/toplinesec/status/1702363826195148930)  2023-09-14T16:48Z 23.1K followers, [---] engagements


"Net IT Exports (Exports-Imports) for August [----] have increased by 7% MoM and by 3% YoY to US$204mn. In PKR Net IT Exports reached Rs60bn up 39% YoY and 12% MoM in August [----]. In 2MFY24 Net exports have increased by 4% YoY to US$394mn. #ITExports #DollarRate #KSE100 @umarsaif @1sakhtar @StateBank_Pak"  
[X Link](https://x.com/toplinesec/status/1704123059991712117)  2023-09-19T13:19Z 22.9K followers, [----] engagements


"In today's T-Bill auction huge participation of Rs4.6trn was seen with government raising Rs2.4trn as against target of Rs2.25trn and maturity of Rs2.43trn. Yield on [--] [--] and [--] months bonds were down by 171-217bps"  
[X Link](https://x.com/toplinesec/status/1704532006174912878)  2023-09-20T16:24Z 22.8K followers, [----] engagements


"In today's T-Bill auction huge participation of Rs4.6trn was seen with government raising Rs2.4trn as against target of Rs2.25trn and maturity of Rs2.43trn. Yield on [--] [--] and [--] months bonds were down by 171-217bps"  
[X Link](https://x.com/toplinesec/status/1704532343237570622)  2023-09-20T16:25Z 22.8K followers, [----] engagements


"SBP reserves up by US$56mn to US$7695mn for the week ending Sep [--] [----]. Total FX reserves up by US$108mn to US$13187mn. #SBP #KSE100 #ForeignReserves"  
[X Link](https://x.com/toplinesec/status/1704864515869778050)  2023-09-21T14:25Z 24K followers, [----] engagements


"Broad Money (M2) in Pakistan fell 0.5% WoW to reach Rs31.13trn as of Sep [--] [----]. This was led by 0.5% decline in deposits with banks and 0.6% in Currency in Circulation (CIC). Interestingly on annual basis M2 increased by 13.1% YoY mainly due to 15.2% YoY increase in deposit with banks. While CIC and deposit with banks grew at lower pace of 8.2% YoY and 4.5% YoY respectively. #SBP #BroadMoney #M2 #Economy #Pakistan"  
[X Link](https://x.com/toplinesec/status/1707014091829866867)  2023-09-27T12:47Z 23.1K followers, [----] engagements


"Broad Money (M2) in Pakistan fell 0.1% WoW to reach Rs31.11trn as of Sep [--] [----]. This was led by 1.3% WoW decline in Currency in Circulation (CIC). Interestingly on YoY basis M2 increased by 12.7% mainly due to 14.7% YoY increase in deposit with banks. While CIC and other deposit with SBP grew at lower pace of 7.9% YoY and 0.4% YoY respectively. https://twitter.com/i/web/status/1709525696115270079 https://twitter.com/i/web/status/1709525696115270079"  
[X Link](https://x.com/toplinesec/status/1709525696115270079)  2023-10-04T11:07Z 24K followers, [---] engagements


"Pakistan Current Account Deficit (CAD) clock in at US$74mn in Oct-2023 vs US$46mn in Sep-2023. In 4MFY24 CAD clock in at US$1059 vs US$3107mn in 4MFY23. #SBP #CurrentAccountBalance #Economy #Pakistan"  
[X Link](https://x.com/toplinesec/status/1726557546121474054)  2023-11-20T11:06Z 23K followers, [---] engagements


"FDI down 8% YoY and 19% MoM to US$127mn in October [----]. In 4MFY24 FDI up 18% YoY US$539mn. #FDI #SBP #Economy #Pakistan"  
[X Link](https://x.com/toplinesec/status/1726575251570450540)  2023-11-20T12:16Z 22.9K followers, [---] engagements


"FBR tax collection stood at Rs736bn in Nov-2023 up 38% YoY and 4% MoM. In 5MFY24 FBR collected Rs3484bn up 30% YoY. #FBR #TAX #Pakistan"  
[X Link](https://x.com/toplinesec/status/1730286413474595321)  2023-11-30T18:03Z 23.2K followers, [----] engagements


"Pakistan received Gross inflows of US$137mn under RDA in Nov-2023 vs 6-Month average of US$135mn. Net inflows (Gross inflow less funds repatriated) under RDA clocked in at US$130mn in Nov-2023 vs 6-Month average of US$118mn. #RDA #SBP #Dollar #StockMarket #Pakistan"  
[X Link](https://x.com/toplinesec/status/1734145508967399474)  2023-12-11T09:38Z 23K followers, [---] engagements


"FX Reserves held by SBP down by US$127mn to US$8bn for the week ending Jan [--] [----] #SBP #FXReserves #Pakistan"  
[X Link](https://x.com/toplinesec/status/1747988473435345159)  2024-01-18T14:25Z 22.9K followers, [---] engagements


"Fx reserves held by SBP rose by US$243mn to US$8.271bn for the week ending Jan [--] 2024"  
[X Link](https://x.com/toplinesec/status/1750544916747260078)  2024-01-25T15:43Z 23.9K followers, [----] engagements


"Fx reserves held by SBP declined by US$54mn to US$8.217bn for the week ending Jan [--] [----]. #SBP #ForeignReserves #Pakistan"  
[X Link](https://x.com/toplinesec/status/1753090228783362353)  2024-02-01T16:17Z 23.7K followers, [---] engagements


"In today's T-Bill auction participation of Rs1.153trn was seen with government raising Rs64bn as against target of Rs480bn and maturity of Rs484bn. Yields fall by 6-15bps with the cutoff yield on [--] [--] and 12-month bonds standing at 20.43% 20.39% and 20.08% respectively"  
[X Link](https://x.com/toplinesec/status/1754909653018833138)  2024-02-06T16:47Z 23.1K followers, [----] engagements


"Pakistan recorded net Foreign Direct Investment (FDI) outflow of US$173mn in Jan-2024 after a period of around two years. Country-wise major outflow was witnessed in China (US$255mn) and Sector wise major outflow witnessed in power sector (US$243mn) in Jan-2024"  
[X Link](https://x.com/toplinesec/status/1759559200881913890)  2024-02-19T12:42Z 22.9K followers, [----] engagements


"Fiscal deficit clocked in at Rs1428bn for 2QFY24 (1.4% of GDP); 1HFY24 at Rs2408bn (2.3% of GDP) vs Rs1683 (2% of GDP) in 1HFY23. Primary Balance improves to Rs 1413bn in 2QFY24 (1.3% of GDP); 1HFY24 at Rs 1812bn (1.7% of GDP) vs Rs 890bn (1.1% of GDP)"  
[X Link](https://x.com/toplinesec/status/1763173391664558503)  2024-02-29T12:04Z 22.8K followers, [----] engagements


"Pakistan recorded net Foreign Direct Investment (FDI) inflow of US$131mn in Feb-2024 up 16% YoY. Country-wise major inflow was witnessed in China (US$42mn) and Sector wise major inflow was witnessed in the power sector (US$58mn)inFeb-24"  
[X Link](https://x.com/toplinesec/status/1770351889818730563)  2024-03-20T07:29Z 22.9K followers, [---] engagements


"Pakistan's trade deficit for Apr-2024 up 3% MoM to US$2.374bn. Exports fall 9% MoM to US$2.349bn and Imports down 3% MoM to US$4.723bn"  
[X Link](https://x.com/toplinesec/status/1785990008685625563)  2024-05-02T11:09Z 24K followers, [---] engagements


"Pakistan OMCs in Apr [----] posted monthly sales of 1.1mn tons which is six months low and is down 4% MoM and 6% YoY. This takes 10MFY24 sales to 12.44mn tons down 11% YoY. EX-FO sales down 3% MoM and 2% YoY to 1.08mn tons in Apr-2024 mainly due to a rise in petrol and diesel prices. 10MFY24 EX-FO sales clocked in at 11.57mn tonsdown4%YoY"  
[X Link](https://x.com/toplinesec/status/1786055623744082415)  2024-05-02T15:30Z 23.3K followers, [---] engagements


"Pakistan listed banks profitability up 21% YoY to Rs152bn in 1Q2024. In US$ terms listed banks profit was also up 13% YoY to US$545mn in 1Q2024. Meezan Bank (MEBL) maintained its No.1 position with profit of Rs25.4bn followed by MCB (Rs17.9bn) and UBL (Rs16.1bn)"  
[X Link](https://x.com/toplinesec/status/1787104271181152536)  2024-05-05T12:57Z 23.1K followers, [----] engagements


"In today's T-Bill auction participation of Rs1881bn was seen with government raising Rs640bn as against target of Rs450bn and maturity of Rs432bn. Yields on [--] [--] and 12-month bonds decreased by 6-49bps"  
[X Link](https://x.com/toplinesec/status/1790813790092804587)  2024-05-15T18:37Z 23K followers, [---] engagements


"Topline Economy Alert May [--] [----] Pakistan recorded Foreign Direct Investment of US$359mn up 172% YoY and 39% MoM in Apr-2024. This is highest monthly inflow after [--] months. Country wise FDI from China was US$177mn and Sector wise Power sector FDI clocked in at US$194mn. Regards Topline Research"  
[X Link](https://x.com/toplinesec/status/1791441114114695613)  2024-05-17T12:10Z 23.1K followers, [---] engagements


"In today's T-Bill auction participation of Rs1185bn was seen with government raising Rs501bn as against target of Rs360bn and maturity of Rs298bn. Yield on [--] [--] and 12-month bonds were down by 29-60bps"  
[X Link](https://x.com/toplinesec/status/1795846613665275990)  2024-05-29T15:56Z 22.9K followers, [----] engagements


"FX reserves held by SBP down by US$63mn to US$9.09bn for the week ending May [--] 2024"  
[X Link](https://x.com/toplinesec/status/1796183060662124644)  2024-05-30T14:13Z 23K followers, [---] engagements


"PSX witnessed the fourth consecutive month of foreign corporate buying of US$38mn (excluding debt) in May [----]. In the last four months (Feb-May 2024) the total net buying was US$127mn. Pakistan Governments significant progress toward reaching a Staff Level Agreement (SLA) for a new Extended Fund Facility (EFF) with the IMF along with a stable PKR against the US dollar and political stability has revived foreign interest in PSX. Valuations remain attractive despite recent rally with market price-to-earnings (PE) ratio near 4x almost half of the historical average of 7x."  
[X Link](https://x.com/toplinesec/status/1797210254276436474)  2024-06-02T10:14Z 24K followers, [----] engagements


"Topline OMCs Alert Jun [--] [----] Pakistan OMCs sales in May [----] has reached 1.4mn tons highest after [--] months. Sales numbers are up 26% MoM and 7% YoY. This takes 11MFY24 sales to 13.83mn tons down 9% YoY. HSD sales has touched its [--] months high and has clocked in at 643k tons +37% MoM and +18% YoY due harvesting season. EX-FO sales up 23% MoM and 10% YoY to 1.32mn tons in May-2024; 11MFY24 EX-FO sales clocked in at 12.89mn tonsdown3%YoY. Regards Topline Research"  
[X Link](https://x.com/toplinesec/status/1797913632707318089)  2024-06-04T08:49Z 23K followers, [---] engagements


"In today's T-Bill auction participation of Rs2188bn was seen with government raising Rs1208bn as against target of Rs780bn and maturity of Rs810bn. Yields on [--] [--] and 12-month bonds were fall by 85-115bps"  
[X Link](https://x.com/toplinesec/status/1800959744561095160)  2024-06-12T18:33Z 23.2K followers, [----] engagements


"Topline Economy Alert Jun [--] [----] Roshan Digital Account (RDA) inflows at 2-Year High (Gross US$224mn & Net US$215mn) in May-2024 Pakistan received Gross inflows of US$224mn under RDA in May-2024 vs last 6-months average of US$156mn and average of US$179mn since its launch in Sep-2020. Net inflows (Gross inflow less funds repatriated) under RDA clocked in at US$215mn in May-2024 vs last 6-months average of US$145mn and average of US$144mn since its launch in Sep-2020. Regards Topline Research https://twitter.com/i/web/status/1801469419077713928"  
[X Link](https://x.com/toplinesec/status/1801469419077713928)  2024-06-14T04:19Z 23.9K followers, [---] engagements


"Pakistan's Rice production at an all time high of 9.9mn tons in FY24. This helps Pakistan to generate US$3.6bn (highest in food group) through export of 5.59mn tons of Rice during 11MFY24"  
[X Link](https://x.com/anyuser/status/1802276240943907267)  2024-06-16T09:45Z 24.4K followers, [----] engagements


"Topline Economy Alert Jun [--] [----] Pakistan recorded Current Account Deficit (CAD) of US$270mn in May-2024 vs Current Account Surplus (CAS) of US$499mn in Apr-2024. This month's CAD came contrary to expectations. In 11MFY24 CAD clocked in at US$464mn vs US$3765mn in 11MFY23. Regards Topline Research"  
[X Link](https://x.com/toplinesec/status/1804127258707398724)  2024-06-21T12:20Z 23.5K followers, [---] engagements


"Topline Economy Update Jul [--] [----] With high interest rate and stable currency Pakistan has attracted US$57mn net dollar inflow into T-Bills through Special Convertible Rupee Accounts (SCRA) in the month of Jun [----] till 7th as per SBP. In the month of May-2024 Pakistan attracted US$230mn which is highest monthly inflows after 4-Years. Since Jul-2023 (FYTD) these net inflows have reached US$444mn. To recall in FY20 net T-Bills inflows of US$612mn came to Pakistan with peak seen in month of Jan-2020 with net monthly inflows of US$1.4bn. We believe once Pakistan gets the new long term IMF deal"  
[X Link](https://x.com/toplinesec/status/1807722939074412676)  2024-07-01T10:28Z 23.1K followers, [---] engagements


"FX reserves held by SBP up by US$494mn to US$9.39bn for the week ending Jun [--] 2024"  
[X Link](https://x.com/toplinesec/status/1808857392026898762)  2024-07-04T13:36Z 23.1K followers, [----] engagements


"In today's T-Bill auction participation of Rs1793bn was seen with government raising Rs422bn as against target of Rs150bn and maturity of Rs123bn. Yields on [--] [--] and [--] month bonds fell by 30-56bps"  
[X Link](https://x.com/toplinesec/status/1816106386843214036)  2024-07-24T13:41Z 23.2K followers, [---] engagements


"FX reserves held by SBP up by US$51mn to US$9.15bn for the week ending Aug [--] 2024"  
[X Link](https://x.com/toplinesec/status/1821538929545232566)  2024-08-08T13:28Z 24K followers, [---] engagements


"Pakistan's urban population increased from 76mn in [----] to 94mn in [----] Currently around 39% lives in urban areas compared to 36% in [----]. This trend is observed in most provinces except in KPK where the share of urban population decreased from 16.55% in [----] to 15.01% in 2023"  
[X Link](https://x.com/toplinesec/status/1822513275747324105)  2024-08-11T06:00Z 22.8K followers, [---] engagements


"FX reserves held by SBP up by US$119mn to US$9.27bn for the week ending Aug [--] [----]. #SBP #Reserves #Pakistan"  
[X Link](https://x.com/toplinesec/status/1824084447232221255)  2024-08-15T14:03Z 23.1K followers, [---] engagements


"Pakistan attracted net Foreign Direct Investment (FDI) of US$136mn in Jul-2024 up 64% YoY while down 19% MoM. Country-wise major inflows was witnessed in China (US$45mn) and Sector wise major inflows witnessed in power sector (US$62mn) in Jul-2024"  
[X Link](https://x.com/toplinesec/status/1825432676108820970)  2024-08-19T07:20Z 23.8K followers, [---] engagements


"FX reserves held by SBP up by US$112mn to US$9.40bn for the week ending Aug [--] [----]. #FXReserves #SBP #Pakistan"  
[X Link](https://x.com/toplinesec/status/1829148246486168041)  2024-08-29T13:25Z 23.1K followers, [---] engagements


"Worker's remittances clocked in at US$2.943bn up 41% YoY while down 2% MoM in Aug-2024. Remittances in 2MFY25 clocked in at US$5.937bn up 44% YoY"  
[X Link](https://x.com/toplinesec/status/1833161221077651465)  2024-09-09T15:11Z 22.8K followers, [----] engagements


"After the [--] months consecutive Current Account Deficit Pakistan has reverted back to Current Account Surplus of US$75mn in August-2024. During 2MFY25 current account stands at deficit of US$171mn down 81% YoY. The improvement in current account is due to remittances which clocked in at US$2.9bn up 40% YoY. In 2MFY25 remittances are up 44% YoY. #SBP #CurrentAccountDeficit #Economy #Pakistan https://twitter.com/i/web/status/1836351547476992135 https://twitter.com/i/web/status/1836351547476992135"  
[X Link](https://x.com/toplinesec/status/1836351547476992135)  2024-09-18T10:28Z 23.8K followers, [---] engagements


"Pakistan received Gross inflows of US$165mn under RDA in Aug-2024 vs last 6-months average of US$184mn and average of US$179mn since its launch in Sep-2020. Net inflows (Gross inflow less funds repatriated) under RDA clocked in at US$143mn in Aug-2024 vs last 6-months average of US$169mn and average of US$144mn since its launchinSep-2020. #RDA #SBP #Pakistan https://twitter.com/i/web/status/1836367960782344420 https://twitter.com/i/web/status/1836367960782344420"  
[X Link](https://x.com/toplinesec/status/1836367960782344420)  2024-09-18T11:33Z 23.9K followers, [---] engagements


"FX reserves held by SBP up by US$43mn to US$9.51bn for the week ending Sep [--] [----]. #FXReserves #SBP #Pakistan"  
[X Link](https://x.com/toplinesec/status/1836782580437286955)  2024-09-19T15:01Z 22.9K followers, [---] engagements


"FX reserves held by SBP up by US$24mn to US$9.53bn for the week ending Sep [--] [----]. #SBP #FXReserves #Pakistan"  
[X Link](https://x.com/toplinesec/status/1839312282750275717)  2024-09-26T14:33Z 23.1K followers, [---] engagements


"Pakistan Economy - IMF board has approved US$7bn Extended Funding Facility (EFF) with first tranche of US$1bn (SDR 760mn) #IMF #Economy #Pakistan"  
[X Link](https://x.com/toplinesec/status/1839943135729758598)  2024-09-28T08:20Z 23.1K followers, [---] engagements


"Pakistan Market - FTSE Rebalancing Outflow ; Selling of US$83mn by Sep [----] US$55-60mn more in last [--] weeks (Oct [--] 2024)"  
[X Link](https://x.com/toplinesec/status/1846436433353208134)  2024-10-16T06:22Z 22.9K followers, [---] engagements


"In today's T-Bill auction participation of Rs1313bn was seen with government raising Rs716bn as against target of Rs400bn and maturity of Rs1038bn. Yield on [--] months bond fall by 5bps while remain flat for12 months bond. #TbillsAuction #SBP #Pakistan"  
[X Link](https://x.com/toplinesec/status/1846552142703722789)  2024-10-16T14:01Z 23.9K followers, [---] engagements


"FX reserves held by SBP up by US$215mn to US$11.02bn for the week ending Oct [--] [----]. #SBP #FXReserves #Pakistan"  
[X Link](https://x.com/toplinesec/status/1846913434262126614)  2024-10-17T13:57Z 23.7K followers, [---] engagements


"Topline Securities Chief Executive Mohammed Sohail said that due to economic stability and falling interest rates we foresee an increase in auto financing. After many months we see improvement in sales of two- and four-wheelers. https://www.dawn.com/news/1866170/falling-rates-revive-auto-loans-after-27-months https://www.dawn.com/news/1866170/falling-rates-revive-auto-loans-after-27-months"  
[X Link](https://x.com/toplinesec/status/1848241423755423835)  2024-10-21T05:54Z 23.8K followers, [---] engagements


"Pakistan recorded a second consecutive Current Account Surplus of US$119mn in Sep-2024. This takes 1QFY25 current account to a deficit of US$98mn an improvement of 92% YoY compared to a deficit of US$1241mn in 1QFY24"  
[X Link](https://x.com/toplinesec/status/1848325661414269129)  2024-10-21T11:29Z 23.1K followers, [---] engagements


"Pakistan Technology - Sep-24 IT Exports up by 42% YoY to US$292mn; 12th consecutive month of YoY growth (Oct [--] 2024)"  
[X Link](https://x.com/toplinesec/status/1848340920388989431)  2024-10-21T12:29Z 22.9K followers, [----] engagements


"In today's T-Bill auction huge participation of Rs2189bn was seen with government raising Rs820bn as against target of Rs400bn and maturity of Rs893bn. As expected yield on 3-month bonds fell by 140bps to 13.8998% 6-month bonds fell by 84bps to 13.50% and 12-month bonds fell by 64bps to 13.0997% https://twitter.com/i/web/status/1851655997892284821 https://twitter.com/i/web/status/1851655997892284821"  
[X Link](https://x.com/toplinesec/status/1851655997892284821)  2024-10-30T16:02Z 24.1K followers, [----] engagements


"FX reserves held by SBP up by US$116mn to US$11.16bn for the week ending Oct [--] 2024"  
[X Link](https://x.com/toplinesec/status/1852043821581795742)  2024-10-31T17:43Z 24.1K followers, [---] engagements

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