Shankar Talreja

Equity Analyst
Capital Market Enthusiast

[Topline Securities Ltd @toplinesec]

Skip the lines. Skip the paperwork. Start investing.
The market moves fast, and your onboarding process should too. With Topline Securities, opening your stock trading account is 100% digital, fast, and completely free of cost. Zero physical visits or branch queues necessary. Minimal documentation required to get you started. Full portfolio tracking anytime, anywhere, directly from your mobile device. Take the smart step toward securing your financial goals today with Pakistan's fastest-growing brokerage house.

📧 Get in touch: Email us at [email protected] vtoreceive your free account opening link!

🌐 Explore more: https://t.co/vgMmMqpmdG or WhatsApp : [phone]

[Topline Securities Ltd @toplinesec]

Pakistan maintained favorable terms of trade during FY26 with countries such as the United States, the United Kingdom, and several European countries, including Spain, the Netherlands, and Germany.

In contrast, the country's largest trade deficits were recorded with China, the United Arab Emirates (UAE), and the Kingdom of Saudi Arabia (KSA) during FY26.

#Imports #SBP #Economy #Pakistan #Topline

[Topline Securities Ltd @toplinesec]

The United States remained Pakistan's largest export destination in FY26, accounting for 20% of the country's total exports. China and the United Kingdom ranked second and third, with shares of 9% and 7%, respectively. Collectively, Pakistan's top five export markets accounted for nearly half of the country's total exports.

#Exports #SBP #Economy #Pakistan #Topline

[Topline Securities Ltd @toplinesec]

Pakistan Banks – Central Bank amends MDR Rules; MDR removed on Trusts, Pvt Limited, and Individuals*
(Jul 07, 2026)

#Banks #Pakistan #MDR #Topline

[Topline Securities Ltd @toplinesec]

Investing just got easier

This July, opening your investment account with Topline Securities is faster than ever—and there's no minimum deposit requirement.

✅ Quick digital account opening
✅ No deposit condition (July 2026 only)

Whether you're investing for the first time or looking for a trusted brokerage partner, there's never been a better time to get started.

WhatsApp us now at [phone] or scan the QR code to open the account.

#ToplineSecurities #InvestingMadeEasy #PakistanStockExchange #PSX #InvestSmart #JulyOffer

[Topline Securities Ltd @toplinesec]

Meezan Bank Limited (MEBL) - Premium Franchise, Sustained Growth, Reiterate BUY
(Jun 30, 2026)

Find Detail report here : https://t.co/lp6Xh1hthU

#MEBL #Pakistan #Topline #Bank

[Topline Securities Ltd @toplinesec]

Engro Holdings (ENGROH) - Tower business to drive next leg of growth; Reiterate BUY stance
(Jun 28, 2026)

Find Detail report here- https://t.co/mwhDAyv1iB

@engro_group
#ENGROH #Pakistan #Topline #Company #Update #PSX

[Topline Securities Ltd @toplinesec]

Pakistan Strategy - What if Iran sanctions are lifted; Implications for Pakistan from a historical perspective
(Jun 25, 2026)

#Pakistan #iran #Topline

[Topline Securities Ltd @toplinesec]

As per SCRA, foreign investors have sold US$736mn of equities in FY26TD, out of which 80% of the outflow was from investors based out of US, UK and Sweden.

#SCRA #SBP #Pakistan #Foreign #Flows

[Shankar Talreja @ShankarTal18]

@Asad_Umar strings attached as per news, if FBR revenues crosses Rs13.35tn in FY27, then provinces will not receive their share of 57.5%. While budget surplus is continuing for last 3 years from provinces side.

[Topline Securities Ltd @toplinesec]

Pakistan Federal Budget FY27 – Delivering relief; Revenue mobilization to remain challenging; Positive for market

For Full PDF Report
https://t.co/sGnPU0ffRv

#FederalBudgetFY27 #governmentofpakistan #Economy #Pakistan #Topline

[Topline Securities Ltd @toplinesec]

Pakistan’s FY27 Budget has been well received for effectively utilizing available fiscal space to provide relief to both businesses and households while maintaining fiscal discipline.

Key measures include a reduction in Super Tax, extension of the concessionary tax regime for IT exports, and lower income tax rates for the salaried segment, among several other initiatives aimed at supporting economic activity and improving competitiveness.

For a comprehensive analysis of the FY27 Budget and its implications for various sectors, please access our detailed report through the link below:

https://t.co/PYILYNSiCe

@waleedsaigol @sohailkarachi @ShankarTal18 @ThePBC_Official @MusadaqZ @MAliTabba @kschehzad

[Topline Securities Ltd @toplinesec]

Pakistan Economy - Monetary Policy Survey; Participants divided over rate change; we expect status quo
(Jun 09, 2026)

#Economy #MPS #SBP #Pakistan #Topline

[Topline Securities Ltd @toplinesec]

The significant improvement in fiscal balance is [expected] on the back of restrictive fiscal policy adapted by the government under the IMF programme with control over growth in expenditures and decent growth in total revenues (including both tax and non tax revenues),” Topline Securities said in brief comment on Tuesday

https://t.co/T5qAIL6dbE

[Topline Securities Ltd @toplinesec]

Under the IMF guidelines, the Government is expected to withdraw/gradually reduce GST exemptions and concessional tax rates on various goods. In this regard, we have reviewed the Eighth Schedule of the Sales Tax Act, which contains items currently subject to reduced GST rates.

Given the government's commitment to broadening the tax base and rationalizing tax expenditures, some of the commodities covered under this schedule may face an increase in GST rates in the upcoming FY27 Budget, in our view. The list is below

#IMF #MoF #FBR #FY27Budget #governmentofpakistan #Economy #Pakistan #Topline

[Topline Securities Ltd @toplinesec]

Pakistan Federal Budget FY27 Preview - Fiscal Prudence to Remain Intact; Market impact likely neutral
(May 26, 2026)

For Full PDF Report
https://t.co/xDSLjyOO9y

#PreBudgetFY27 #Economy #Pakistan #Topline

[Shankar Talreja @ShankarTal18]

@AliKhizar This is pattern report, outcome is yet to come

[Topline Securities Ltd @toplinesec]

Pakistan Autos: Earnings Revised Upward due to better-than-expected volumes
(May 15, 2026)

#Autos #Earnings #Pakistan #Topline

[Topline Securities Ltd @toplinesec]

Pakistan Economy - Pakistan IMF Program; FBR tax collection upgraded to quantitative target now; PBS to disseminate revised trade numbers for 2020-25
(May 15, 2026)

#IMF #Pakistan #Topline #Economy #SBP

[Topline Securities Ltd @toplinesec]

The 6 months Tbills yields have crossed 12% mark and is currently at 12.26%, highest level seen in 1.5 years. Rising yields are attributed to higher inflation expectations amidst elevated oil prices. Recently, 6M yield touched bottom of 9.83% in Jan 2026, from that level yields are up 243bps

#6MTbills #MUFAP #Economy #Pakistan #Topline