Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action Rating Outlook Rating Watch
1 Alfalah Securities (Pvt.) Limited (Formerly: Alfalah CLSA Securities (Pvt.) Limited)
Press Release | Report | History
Brokerage & Securities Entity 23-Apr-25 Maintain A- Stable -
2 Alfalah Securities (Pvt.) Limited (Formerly: Alfalah CLSA Securities (Pvt.) Limited) | BFR
Press Release | Report | History
Brokerage & Securities BFR 23-Apr-25 Downgrade BFR 2 Stable -
3 Optimus Capital Management (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 04-Apr-25 Maintain A- Stable -
4 Dr. Arslan Razaque Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 21-Mar-25 Maintain BFR 3 Stable -
5 Aba Ali Habib Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 14-Mar-25 Maintain BFR 2 Stable -
6 Aba Ali Habib Securities (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 14-Mar-25 Maintain A- Stable -
7 Zafar Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 07-Mar-25 Maintain BFR 3+ Stable -
8 AL Habib Capital Markets (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 27-Jan-25 Initial A Stable -
9 Intermarket Securities Limited (Formerly: EFG Hermes Pakistan Limited)
Press Release | Report | History
Brokerage & Securities Entity 20-Dec-24 Maintain A- Stable -
10 Intermarket Securities Limited (Formerly: EFG Hermes Pakistan Limited) | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 20-Dec-24 Maintain BMR2+ Stable -
11 Intermarket Securities Limited (Formerly: EFG Hermes Pakistan Limited) | BFR
Press Release | Report | History
Brokerage & Securities BFR 20-Dec-24 Maintain BFR 2+ Stable -
12 Arif Habib Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 13-Dec-24 Maintain BFR 1 Stable -
13 JS Global Capital Limited
Press Release | Report | History
Brokerage & Securities Entity 13-Dec-24 Maintain AA Stable -
14 Arif Habib Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 13-Dec-24 Maintain BMR1 Stable -
15 JS Global Capital Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 13-Dec-24 Maintain BFR 1 Stable -
16 JS Global Capital Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 13-Dec-24 Maintain BMR1 Stable -
17 Dawood Equities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 29-Nov-24 Maintain BFR 3+ Stable -
18 Ismail Iqbal Securities (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 28-Nov-24 Maintain A- Stable -
19 KTRADE Securities Limited
Press Release | Report | History
Brokerage & Securities Entity 22-Nov-24 Maintain A- Stable -
20 Spectrum Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 21-Nov-24 Maintain BFR 3+ Stable -
21 Spectrum Securities Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 21-Nov-24 Maintain BMR3+ Stable -
22 Habib Metropolitan Financial Services Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 25-Oct-24 Maintain BMR2 Stable -
23 Optimus Capital Management (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 25-Sep-24 Maintain BMR2 Stable -
24 Optimus Capital Management (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 25-Sep-24 Maintain BFR 2 Stable -
25 Trust Securities & Brokerage Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 19-Sep-24 Maintain BFR 2 Stable -
26 Trust Securities & Brokerage Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 19-Sep-24 Maintain BMR2+ Stable -
27 Dawood Equities Limited
Press Release | Report | History
Brokerage & Securities Entity 19-Sep-24 Maintain A- Stable -
28 Trust Securities & Brokerage Limited
Press Release | Report | History
Brokerage & Securities Entity 19-Sep-24 Maintain A- Stable -
29 IGI Finex Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 23-Aug-24 Maintain BFR 2+ Stable -
30 IGI Finex Securities Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 23-Aug-24 Maintain BMR2+ Stable -
31 AL Habib Capital Markets (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 19-Jul-24 Maintain BMR2+ Stable -
32 AL Habib Capital Markets (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 19-Jul-24 Maintain BFR 2+ Stable -
33 Abbasi and Company (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 21-Jun-24 Maintain BFR 2 Stable -
34 Abbasi and Company (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 21-Jun-24 Maintain BMR2 Stable -
35 AHM Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 14-Jun-24 Maintain BFR 3 Stable -
36 Ismail Iqbal Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 04-Jun-24 Upgrade BFR 3+ Stable -
37 Habib Metropolitan Financial Services Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 17-May-24 Maintain BFR 3+ Stable -
38 KTRADE Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 10-May-24 Maintain BFR 2 Stable -
Complaints
Ms. Iram Tahir | Compliance Officer

+92 42 3586 9504-6 | compliance@pacra.com

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