AABS 812.91 -11.49 AATM 67.23 -0.27 ABL 175.79 -2.17 ABOT 910.11 5.10 ACIETF 17.25 0.00 ACPL 230.05 -0.27 ADAMS 66.90 0.90 ADMM 52.33 -1.87 ADOS 29.00 0.00 AEL 33.68 1.68 AGHA 7.19 -0.07 AGIC 42.43 -0.57 AGICR2 5.92 0.27 AGIL 150.97 0.95 AGL 45.75 -1.49 AGP 177.94 -3.17 AGSML 8.94 0.05 AGTL 365.88 5.32 AHCL 16.22 -0.16 AHL 133.95 3.96 AHTM 100.20 -9.79 AICL 86.25 1.65 AIRLINK 131.87 0.07 AKBL 103.81 -1.39 AKDHL 155.72 -4.27 AKDSL 36.91 0.40 AKGL 70.32 -0.23 ALAC 20.50 0.40 ALIFE 31.60 -0.40 ALNRS 122.86 -4.14 ALTN 7.51 -0.07 AMBLR4 20.72 -0.23 AMTEX 4.28 -0.14 ANL 10.06 -0.02 ANSS 27.06 0.07 ANTM 66.88 -1.05 APL 560.95 -5.05 ARCTM 50.88 0.00 ARM 27.90 0.00 ARMG 58.11 0.00 ARPAK 190.45 1.45 ARPL 431.48 1.48 ARUJ 12.50 0.01 ASC 12.72 0.00 ASCR2 0.02 -0.05 ASHT 36.53 -5.87 ASIC 39.83 2.83 ASL 14.74 -0.66 ASTL 15.35 -0.45 ASTM 145.76 0.00 ATBA 202.48 -2.41 ATIL 78.00 0.94 ATLH 1,603.25 0.73 ATRL 1,117.47 47.45 AVN 32.59 -0.41 AWTX 1,601.11 15.11 AWWAL 10.00 0.00 BAFL 56.32 -0.57 BAFS 549.99 5.20 BAHL 170.25 -3.55 BAPL 31.73 -1.67 BATA 888.67 -10.33 BBFL 42.01 -0.34 BCL 71.98 0.48 BCML 42.60 1.39 BECO 4.93 -0.10 BELA 57.25 2.20 BERG 150.09 3.84 BFAGRO 33.09 0.09 BFBIO 135.93 -2.57 BFMOD 22.29 0.28 BGL 11.08 0.18 BHAT 820.47 -0.53 BIFO 128.21 -3.29 BILF 38.39 -1.11 BIPL 27.74 0.00 BIPLS 38.63 -0.36 BML 57.22 -1.28 BNL 6.26 -0.03 BNWM 69.90 0.10 BOK 31.91 0.26 BOP 32.83 -0.74 BPL 52.15 -0.35 BRRG 46.92 1.80 BTL 900.26 37.25 BUXL 541.19 11.19 BWCL 502.56 0.86 BWHL 227.31 3.31 CASH 50.30 0.30 CCM 48.01 -1.47 CENI 65.77 2.76 CEPB 27.23 -1.05 CFL 66.60 5.51 CHAS 86.04 1.04 CHBL 9.39 -0.07 CHCC 304.40 -5.60 CLCPS 3.74 0.19 CLOUD 62.85 0.00 CLOV 6.83 -0.10 CLVL 27.26 0.00 CLVLR 0.08 -0.22 CNERGY 14.45 1.14 COLG 1,215.30 -9.70 CPHL 73.40 0.40 CPPL 110.35 -1.44 CRTM 71.06 0.01 CSAP 103.52 -1.91 CSIL 5.79 -0.11 CSILR3 1.88 0.27 CTM 6.47 0.15 CWSM 51.18 0.19 CYAN 41.91 -1.06 DAAG 81.07 -1.93 DADX 92.70 -3.30 DATM 2.35 -0.20 DAWH 275.28 15.28 DBCI 13.37 0.37 DCL 10.20 -0.17 DCR 39.17 0.15 DEL 19.98 0.33 DFML 17.56 -0.43 DFSM 13.97 -0.53 DGKC 211.86 -0.39 DHPL 26.55 -0.42 DIIL 60.26 2.25 DINT 61.99 -0.20 DLL 53.96 -1.44 DMC 183.15 5.15 DMTM 8.56 0.04 DMTX 34.96 0.46 DNCC 17.50 -0.40 DOL 29.99 -0.23 DSIL 11.28 0.22 DSL 4.98 0.03 DSML 51.25 1.24 DWAE 22.50 0.18 DWSM 6.95 -0.13 DWTM 10.93 -0.61 DYNO 340.00 -2.48 ECOP 48.58 -0.70 EFERT 184.01 0.78 EFGH 75.72 -4.68 EFUG 126.20 1.20 EFUL 168.52 -7.47 ELCM 205.55 -0.71 ELSM 136.90 -5.40 EMCO 48.45 0.27 ENGRO 485.38 3.39 ENGROH 267.66 -1.82 EPCL 32.86 0.00 EPQL 24.55 -0.03 ESBL 11.11 -0.08 EWIC 66.83 6.68 EXIDE 466.51 -10.48 FABL 96.07 0.07 FANM 9.30 1.00 FASM 330.62 24.92 FATIMA 159.49 3.35 FCCL 55.37 -0.33 FCEL 5.06 -0.33 FCEPL 129.24 -3.76 FCIBL 30.90 0.51 FCL 28.23 0.53 FCSC 4.89 -0.03 FDIBL 2.92 -0.17 FDPL 4.80 -0.15 FECM 24.85 1.66 FECTC 107.36 -0.34 FEM 11.08 -0.07 FEROZ 356.73 0.75 FFBL 88.94 8.43 FFC 544.24 -1.71 FFL 16.11 0.01 FFLM 12.86 -0.84 FHAM 32.63 0.33 FIBLM 19.14 0.00 FIL 227.23 -7.72 FIMM 219.15 8.15 FLYNG 42.62 0.82 FMLR 52.11 -0.84 FNEL 1.17 -0.03 FPJM 16.13 0.73 FPRM 11.26 -0.24 FPRMR2 3.49 -0.48 FRCL 100.01 7.90 FRSM 43.19 0.19 FSWL 151.71 -13.79 FTMM 17.17 0.07 FTSM 53.65 -3.24 FUDLM 8.00 0.55 FZCM 269.43 5.00 GADT 319.24 -3.76 GAL 615.33 0.33 GAMON 25.54 -0.36 GATI 95.01 -1.41 GATIR 15.04 0.04 GATM 24.74 -0.30 GCIL 35.37 0.87 GCILB 9.30 -0.22 GCWL 15.99 0.09 GCWLR 9.01 0.00 GDL 17.29 0.09 GEMBCEM 11.97 0.67 GEMBLUEX 7.02 -0.48 GEMMEL 27.20 -2.72 GEMNETS 21.56 -2.16 GEMPACRA 39.00 0.00 GEMPAPL 10.50 0.00 GEMSPNL 85.95 8.05 GEMUNSL 20.00 0.00 GFIL 30.20 0.20 GGGL 8.59 -0.20 GGL 22.15 -0.65 GHGL 40.94 -0.55 GHGL 40.11 -0.89 GHNI 1,280.73 -1.25 GHNL 33.90 -0.30 GIL 2,408.45 215.26 GLAXO 345.96 1.97 GLPL 700.00 0.00 GOC 186.81 11.31 GRR 22.76 -0.57 GRYL 22.07 -0.61 GSKCH 120.23 -3.98 GSPM 6.30 -0.65 GTECH 8.58 -0.22 GTYR 33.05 0.69 GUSM 9.10 -0.08 GVGL 53.80 -1.19 GWLC 53.06 -0.94 HABSM 81.99 0.74 HACC 18.65 1.30 HAFL 486.72 -8.28 HALEON 730.14 4.14 HASCOL 21.05 0.35 HBL 316.72 -2.27 HBLTETF 105.15 0.10 HCAR 228.20 -4.70 HCL 959.26 9.26 HGFA 14.74 -0.35 HICL 11.39 -0.11 HIFA 5.14 -0.26 HINO 366.16 0.16 HINOON 987.43 10.03 HIRAT 6.29 -0.03 HLEL 27.14 -2.55 HMB 108.23 -0.80 HMM 5.80 0.01 HPL 4,002.97 22.86 HRPL 20.27 -0.21 HSPI 8.81 0.82 HTL 41.13 -0.27 HUBC 206.96 1.96 HUMNL 10.44 -0.02 HUSI 53.21 0.45 HWQS 17.37 -0.09 IBFL 265.12 -23.86 IBLHL 47.66 -0.70 ICCI 15.64 1.13 ICI 591.53 -3.37 ICIBL 18.24 -0.56 ICL 138.91 2.81 IDEAL 48.75 0.73 IDRT 39.32 0.32 IDSM 60.72 3.52 IDYM 130.47 -2.03 IGIHL 265.03 1.13 IGIL 20.93 0.43 ILP 100.04 -0.56 IMAGE 26.75 -0.14 IML 25.14 -1.52 IMS 22.37 0.52 INDU 1,957.46 -16.54 INIL 177.63 11.62 INKL 103.75 3.00 INL 23.08 -1.15 IPAK 38.99 -0.20 IREIT 8.02 0.04 ISIL 1,862.17 -27.83 ISL 90.86 -1.38 ITANZ 45.41 -0.59 ITTEFAQ 8.71 -0.07 JATM 46.33 0.02 JDMT 152.38 -4.62 JDWS 903.93 -14.57 JGICL 79.87 -4.13 JKSM 320.15 12.15 JLICL 175.14 -18.35 JOPP 160.06 -11.94 JSBL 13.80 0.30 JSBLR1 0.01 0.00 JSCL 22.67 0.16 JSGBETF 41.01 0.01 JSGCL 161.53 0.41 JSIL 45.47 -0.53 JSMFETF 11.07 0.22 JSML 58.74 -1.07 JSRR 10.69 0.17 JUBS 48.47 0.00 JVDC 145.26 2.86 KAPCO 27.93 -0.01 KASBM 1.19 0.00 KCL 145.00 3.99 KEL 7.15 -0.05 KHSM 11.65 0.00 KHTC 301.08 0.03 KHYT 1,981.92 4.57 KML 9.21 -0.18 KOHC 96.02 -0.96 KOHE 15.84 -0.02 KOHP 23.21 -0.54 KOHTM 120.16 2.16 KOIL 40.97 -0.82 KOSM 5.69 0.06 KPUS 910.39 -44.60 KSBP 248.97 0.97 KSBP 112.37 -2.61 KSBPR 3.02 0.72 KSTM 13.32 0.29 KTML 40.21 -1.49 LCI 224.20 1.19 LEUL 46.06 2.00 LIVEN 33.83 -0.87 LMSM 63.91 0.00 LOADS 13.04 0.14 LOADSR1 0.09 -0.10 LOTCHEM 27.31 0.22 LPGL 101.77 -3.23 LPL 21.92 0.86 LSECL 6.10 -0.26 LSECLR 0.36 -0.39 LSEFSL 23.89 1.89 LSEPL 4.65 -0.05 LSEVL 13.08 -0.17 LUCK 440.41 3.21 MACFL 85.44 9.34 MACTER 275.85 -4.12 MARI 675.06 7.08 MARI 634.37 2.39 MCB 405.24 0.74 MCBAH 24.00 0.00 MCBIM 157.24 0.24 MDTL 5.49 -0.04 MEBL 569.92 1.82 MEHT 146.37 -3.61 MERIT 9.86 0.01 META 9.67 -0.83 MFFL 177.42 -5.58 MFFLR1 9.01 0.06 MFL 43.32 -0.58 MIIETF 16.66 0.05 MIRKS 33.57 -1.33 MIRKSR 8.67 0.12 MLCF 97.90 0.80 MODAM 5.73 -0.09 MQTM 26.64 -0.73 MRNS 62.44 -1.56 MSCL 22.35 -1.15 MSOT 156.60 6.60 MTL 299.05 -0.75 MUGHAL 77.88 -1.12 MUGHALC 61.99 0.17 MUREB 927.00 0.00 MWMP 54.88 -1.61 MZNP-ETF 17.87 0.03 NAGC 79.62 4.62 NATF 375.10 5.08 NATM 89.42 -4.73 NBP 202.56 -1.94 NBPG-ETF 27.43 0.00 NCL 37.11 -0.19 NCML 16.37 -1.13 NCPL 58.70 0.45 NESTLE 7,520.00 54.99 NETSOL 119.55 -0.45 NEXT 14.06 -1.94 NICL 252.39 2.34 NITG-ETF 34.79 -1.06 NML 143.55 -0.94 NONS 83.03 -0.13 NPL 67.30 -0.18 NRL 526.29 26.29 NRSL 35.68 -0.83 NSRM 231.78 1.61 OBOY 18.58 0.03 OBOYR2 0.64 -0.39 OCTOPUS 30.67 -0.70 OGDC 325.82 5.80 OLPL 49.00 -1.97 OLPL 24.15 -0.45 OLPM 25.01 -0.09 OML 91.67 -4.33 ORIXM 16.29 0.29 ORM 11.20 -0.14 OTSU 415.00 -4.95 PABC 101.46 -0.54 PACE 10.46 -0.22 PAEL 40.40 -0.22 PAKD 133.67 -0.50 PAKL 55.91 2.91 PAKMI 1.30 -0.01 PAKOXY 306.50 14.50 PAKQATAR 20.10 -0.29 PAKRI 17.51 -0.28 PAKT 1,379.99 4.99 PASL 2.50 -0.05 PASL 0.75 0.00 PASM 9.20 -0.64 PCAL 180.50 -2.50 PECO 659.70 10.70 PGLC 19.39 0.04 PHDL 50.40 1.60 PIAA 22.17 0.17 PIAB 828.42 57.80 PIAHCLA 26.69 -0.41 PIAHCLB 17,300.00 278.00 PIBTL 16.37 0.11 PICT 44.04 -1.96 PIL 5.14 -0.26 PIM 38.52 0.00 PINL 11.75 -0.40 PIOC 266.81 0.81 PKGI 27.43 1.22 PKGIR 1.36 -0.69 PKGP 40.00 0.00 PKGS 803.73 3.74 PMI 4.70 0.19 PMPK 1,431.85 121.85 PMRS 469.81 -15.19 PNSC 531.41 -3.59 POL 717.80 -2.18 POML 162.63 5.63 POWER 21.77 -0.22 PPL 240.66 1.40 PPP 143.57 2.57 PPVC 25.34 0.35 PQGTL 14.14 -0.06 PREMA 38.44 0.01 PRET 480.00 -20.00 PRL 90.97 7.97 PRWM 67.27 -1.68 PSEL 916.54 12.99 PSMC 609.00 0.00 PSO 375.45 1.45 PSX 50.71 -0.69 PSYL 134.85 0.05 PTC 71.04 0.54 PTL 52.08 -0.41 QTECH 37.95 0.15 QUET 15.84 0.14 QUICE 31.23 -0.17 RCML 400.22 -4.78 REDCO 29.77 0.27 REWM 172.53 9.53 RICL 12.45 -0.05 RMPL 9,301.07 17.07 RPL 16.50 -0.25 RUBY 29.33 -0.68 RUPL 32.17 -0.23 SAIF 47.37 -0.63 SANE 8.07 -1.13 SANSM 127.34 5.19 SAPL 870.00 0.00 SAPT 1,500.10 85.09 SARC 98.07 5.17 SASML 357.88 -2.12 SAZEW 1,869.50 -25.50 SBL 13.96 -0.33 SCBPL 66.31 1.30 SCL 750.07 0.07 SEARL 87.67 -0.99 SEARLR2 0.15 -0.10 SEL 27.65 -0.83 SELECT 28.65 -0.35 SEPL 155.16 -0.34 SERT 45.23 0.50 SFL 1,113.36 -0.54 SGF 116.43 -0.07 SGPL 31.12 0.00 SHCM 59.20 0.00 SHDT 57.73 2.68 SHEL 185.01 -4.09 SHEZ 230.00 -3.00 SHFA 492.58 -5.42 SHJS 157.26 -5.72 SHNI 9.27 -0.01 SHSML 388.80 20.18 SIBL 7.52 -0.35 SIEM 1,575.00 33.10 SILK 1.15 -0.01 SINDM 24.06 -0.14 SITC 787.99 11.99 SKRS 28.95 0.10 SLGL 15.26 -0.44 SLL 1.70 -0.44 SLM 24.00 0.00 SLYT 15.80 0.30 SMBL 2.17 -0.03 SMCPL 40.26 -0.13 SML 98.36 -6.64 SMTM 11.90 -0.09 SNAI 38.00 0.69 SNBL 20.97 -0.04 SNGP 102.49 0.00 SPAC1 14.12 -0.36 SPAC2 14.49 -0.39 SPEL 45.71 -0.24 SPEL 48.93 0.04 SPL 52.55 0.70 SPLC 1.70 0.07 SPSL 16.55 -0.15 SPWL 9.03 -0.02 SRR 16.30 -1.49 SRVI 2,249.33 27.33 SSGC 27.53 -0.56 SSML 22.53 0.41 SSOM 459.22 -6.90 STCL 10.75 -0.23 STJT 144.62 -0.38 STL 25.37 -0.13 STLR 13.83 0.08 STML 53.67 -0.22 STPL 9.06 -0.19 STYLERS 49.26 -1.73 STYLERSR 1.72 0.39 SUHJ 22.20 0.00 SURC 148.37 -2.76 SUTM 116.00 -5.50 SWL 316.53 28.78 SYM 12.86 -0.25 SYS 128.81 0.26 SZTM 94.97 -2.03 TATM 175.28 -6.47 TBL 9.83 -0.15 TCORP 19.31 -2.20 TCORP 19.69 -0.30 TCORPR1 0.79 -0.73 TELE 8.04 -0.10 TGL 180.21 -1.69 THALL 521.12 -32.88 THCCL 73.34 0.34 TICL 1,346.06 -3.92 TOMCL 36.84 -0.24 TOMCLR 3.81 1.00 TOWL 125.20 -2.80 TPL 22.30 0.00 TPLI 55.74 0.53 TPLL 20.78 -0.77 TPLP 14.52 -0.36 TPLRF1 9.66 -0.14 TPLT 29.00 0.01 TREET 23.18 -0.60 TREETR2 5.62 0.65 TRG 60.15 -1.93 TRIPF 139.66 -1.84 TRSM 17.12 -0.37 TSBL 2.26 -0.03 TSBLR1 0.18 -0.04 TSMF 16.88 -0.08 TSML 582.84 -10.95 TSPL 17.03 -0.67 UBDL 31.17 -5.81 UBL 446.43 -1.58 UBLP-ETF 29.13 -0.09 UCAPM 6.29 -0.01 UDLI 18.50 -0.19 UDPL 119.98 -2.02 UNIC 12.27 -0.02 UNITY 10.70 -0.14 UPFL 25,222.80 72.79 UVIC 20.50 -0.94 WAFI 185.37 2.65 WAHDAT 15.94 -0.19 WAHN 279.40 -0.60 WASL 6.13 -0.15 WASLR 0.79 0.15 WAVES 9.95 -0.05 WAVESAPP 9.30 0.23 WHALE 8.01 -0.19 WTL 1.18 -0.01 WYETH 2,008.00 8.00 YOUW 5.18 -0.06 ZAHID 74.33 5.33 ZAL 39.71 -0.69 ZIL 347.22 -9.78 ZTL 17.02 -0.33 ZUMA 89.41 -1.58

Forging a solid reforms agenda

June 03, 2025

Finance Minister Muhammad Aurangzeb says, “The budget is not just about revenue and expenditure; it has to provide the strategic direction of where the economy is and where it is heading. So it’s our full effort to make this document more strategic, rather than just making the math work.” However, he maintained that “of course, we have to make the math work” and to make math work, the delay in the budget announcement to June 10 will give the government and the International Monetary Fund (IMF) a little more than a week to settle their lingering differences. This indicates Pakistan’s resolve to reach an agreement with the Fund that it considers more useful rather than agreeing on structural reform details that may be nearly impossible to deliver. The government is already under pressure from different segments of the population and industry to provide some kind of relief, push economic growth, provide jobs and reduce poverty in order to improve their citizens’ quality of life.