First National Equities Limited is engaged in the business of brokerage, consultancy services and initial public offering (IPO) underwriting. The Company's divisions include brokerage and trading of equities, investments, corporate finance and market intelligence. The brokerage and trading of equities division deals with over 625 stocks which are traded in approximately three stock exchanges of Pakistan. The division deals with stocks, Pakistan investment bonds and national investment trust units, among others. The investments division of the Company makes investments/disinvestments on the Company's behalf, as well as for its clients. The corporate finance division provides consultancy and advisory services to government owned entities, corporate clients and private individuals. The corporate finance division specializes in the activities, such as syndication, privatization, project advisory, credit rating advisory, mergers and acquisitions, and debt restructuring.