Weekly Newsletter

The mechanism,
explained every
Saturday

Four sections: market summary table, The Mechanism (~300 words on the week's anchor theme), sector data, and the watchlist. Free. Primary sources throughout.

Free — always Published every Saturday Education only — no buy calls
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Education & analysis, not investment advice.

Four sections, every issue

The format is fixed. Same structure every week — so you always know what to expect and where to find it.

§1
Market Summary Table

KSE-100 weekly close and return, YTD return versus December 31 baseline, FIPI and mutual fund flows from NCCPL, SBP policy rate, and weekly volume. All figures sourced from PSX, SBP, and NCCPL. No filler.

KSE-100 · SBP Rate · FIPI · MF Flows · Volume · YTD Return
§2
The Mechanism

250–350 words on the week's anchor theme. The event, the transmission chain, the named sector and company impact, and the falsifier. Links to the full website article for readers who want the complete analysis.

Event → Macro → Sector → Company → Falsifier → What to Watch
§3
Sector Data

A concise sector table — the relevant KPIs for the week's featured sector or macro theme. Dispatches for cement, NIM data for banks, circular debt overdue for E&P, depending on the week's anchor.

Sector KPIs · Primary-source figures · Direction markers
§4
Watchlist

Two to four names in the strict three-column format: Ticker | Why it is on the list (the mechanism) | What would change the view (the falsifier). No price targets, no return expectations.

TICKER · Mechanism · Falsifier — nothing beyond that

What a typical issue looks like

Recent newsletters

Every past issue is published on Beehiiv and archived on the website. Full articles linked from each edition.

21 Jun 2026
Issue #04 — SBP holds at 11.5%; NIM compression risk in the PIB curve; FIPI at $1.9m
Read →
14 Jun 2026
Issue #03 — KSE-100 at 178,922; advance/decline breadth; E&P circular debt at Rs 583bn
Read →
7 Jun 2026
Issue #02 — May CPI at 11.7%; transport component at 36.8% YoY; cement dispatch data
Read →
31 May 2026
Issue #01 — Inaugural issue: KSE-100 structure, forward P/E at ~6.8× vs 8.0× 10yr avg
Read →

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Free. Every Saturday. Primary sources, verified data, mechanism framing throughout. No buy/sell calls. No hype.

Education & analysis, not investment advice. Unsubscribe any time.

Education & analysis, not investment advice. — Jamil Research · jamilresearch.com