Alhamdulillah! Topline Securities has won a record 5 awards at the CFA Society Pakistan Annual Excellence Awards FY26! ๐
๐ Best Brokerage House โ Winner
๐ Best Economic Research House โ Winner
๐ Best Equity Research Analyst โ Winner
๐ Corporate Finance House of the Year โ Runner-Up
๐ Best Equity Research Report โ Runner-Up
This achievement reflects the dedication and hard work of Team Topline. We extend our heartfelt gratitude to our clients for their continued trust and confidence.
We remain committed to raising the bar and delivering excellence.
Proud of Team Topline!
๐ฃ๐๐ฏ๐น๐ถ๐ฐ ๐ฆ๐๐ฏ๐๐ฐ๐ฟ๐ถ๐ฝ๐๐ถ๐ผ๐ป ๐ณ๐ผ๐ฟ ๐๐๐๐ ๐ ๐ถ๐ฐ๐ฟ๐ผ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ ๐๐ฎ๐ป๐ธโ๐ ๐๐ฃ๐ข ๐ถ๐ ๐ป๐ผ๐ ๐ผ๐ฝ๐ฒ๐ป.
Following a 1.6x oversubscribed book building, the general public can now subscribe to ABHIโs IPO.
๐ฆ๐๐ฏ๐๐ฐ๐ฟ๐ถ๐ฝ๐๐ถ๐ผ๐ป ๐ฃ๐ฒ๐ฟ๐ถ๐ผ๐ฑ
โธ Opens: ๐ง๐ผ๐ฑ๐ฎ๐, ๐ญ๐ฎ ๐ก๐ผ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ ๐ต:๐ฌ๐ฌ ๐๐
โธ Closes: ๐ญ๐ฏ ๐ก๐ผ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ ๐บ๐ถ๐ฑ๐ป๐ถ๐ด๐ต๐
๐๐ฒ๐ ๐๐ฒ๐๐ฎ๐ถ๐น๐
โธ Price per share: Rs 15.50
โธ Minimum investment: Rs 7,750 (500 shares)
โธ Applications in multiples of 500 shares
โธ Public portion: 33,000,000 shares (25% of the issue)
๐๐ฝ๐ฝ๐น๐ ๐ข๐ป๐น๐ถ๐ป๐ฒ (๐ฎ๐ฐ ๐ต๐ผ๐๐ฟ๐ ๐ฎ ๐ฑ๐ฎ๐)
PSX e-IPO: https://t.co/NLwQUBe0o1
CDC e-IPO: https://t.co/q23DP9ZVeg
A brokerage account isnโt mandatory. Investors can apply directly through the e-IPO platforms.
Topline Securities is proud to serve as Joint Lead Consultant to the Issue.
In today's T-Bill auction, participation of Rs1,593bn was seen with the government raising Rs551bn against a target of Rs400bn and maturity of Rs435bn. Yields decreased by 22-48bps.
Topline Market Review (Nov 11, 2026):
The Pakistan Stock Exchange (PSX) experienced a range-bound session on today, consolidating after yesterdayโs sharp rally. The benchmark KSE-100 Index briefly crossed the historic 180,000 mark during intraday trade, touching a peak of 180,769 points (+1,434 points), before settling slightly lower at 179,084, down by 251 points (-0.14%) due to late-session profit-taking.
Market sentiment remained generally steady as investors weighed high domestic liquidity against fresh international oil supply concerns and geopolitical developments in the Middle East. Mid-day buying momentum was driven by selectively targeted sectors, particularly OMC, Refineries,
On the sector front, major activity was observed across Cement, and Tech stocks, while key commercial banking and E&P names faced consolidation pressures after Tuesday's massive rally.
Total market activity remained robust with overall trading volume reaching approximately 1.24 billion shares, while total traded value stood at around PKR 41.81 billion.
Regards
Topline Sales Desk
Topline Oil & Gas Exploration Alert
Nov 11, 2026
PPIS Weekly Update: Oil production slightly increased by 1% WoW to 65.2k bpd amid higher volumetric contribution from Dhok Sultan and Bettani fields.
Similarly, gas production surged to 22-weeks high up by 3% WoW with 3,106 mmcfd due to higher volumes from Uch field coupled with the resumption of Sutiari Deep volumes.
Regards,
Topline Research
Becoming a shareholder in Pakistanโs digital banking journey will take just five simple steps.
ABHI Microfinance Bank Limitedโs IPO will open to the general public on Thursday, 12th November, with a minimum investment of Rs 7,750 (500 shares at Rs 15.50 per share). A brokerage account is not mandatory: investors can apply online through the CDC and PSX e-IPO platforms.
Public Subscription: Thursday, 12 November (9:00 AM) โ Friday, 13 November 2026 (11:59 PM)
Apply Online:
๐น CDC eIPO Portal: https://t.co/HFreFNDzVs
๐น PSX eIPO Portal: https://t.co/NLwQUBeydz
#ABHI #IPO #eIPO #PublicSubscription #PSX #ToplineSecurities