*Chase Securities* *What You Should Know Today* *25th February, 2025* *Key Headlines* 1. IMF opens talks on carbon levy, $1.5bn climate finance 2. Govt eyes Rs8 per unit power tariff cut in two months 3. Pak Suzuki hikes car prices by up to Rs120,000 *Market Outlook: Push of Liquidity* The equity market witnessed renewed interest yesterday following a lackluster first session, closing 1,529 points higher. This rally was primarily driven by a liquidity boost as institutional investors capitalized on the recent market correction to increase their equity portfolios. Encouraging corporate results, coupled with a stable economic outlook, have bolstered expectations of a potential market re-rating from current levels. Additionally, sector-specific developments are contributing to the positive market sentiment. These include government initiatives to reduce power tariffs, a proposed plan to the IMF aimed at lowering circular debt, robust corporate results in the cement sector, and improving auto sales figures. We anticipate the inflow of liquidity to persist, sustaining the market's upward momentum. Key events to watch for include the upcoming IMF review, inflation figures, the monetary policy statement, and ongoing corporate earnings announcements, all of which will play a crucial role in shaping market performance in the near term. *Top Picks* OGDC, PPL, PSO, UBL, MEBL, BAFL, FFC, FATIMA, CHCC, MLCF, DGKC, SAZEW, GHNI, ATLH, AGTL, INDU, ISL, ASL, PSX, LOADS, COLG, GCIL, PAKT, IMAGE, SPEL, HUMNL, TGL, GHGL *Important Board Meetings Today* FCCL, PPP, WAHN, BAPL, CLOV, EFUL, TOWL, KAPCO, BUXLY, JSIL, MUGHAL, JSGCL, TPLT, TPLI, GGL, GVGL, CHAS, MFL, TBL, RPL, HTL, LSEVL, LSEFSL, SHEZ, ALAC, JLICL, ATBA, IPAK, - Corporate Results *Corporate Briefing* SHSML, SML *Start of Ex-Price today* MUREB- 120% Dividend *Last Day of Entitlement* CPPL- 10% Dividend *Other Key Events Today* N/A *Results to be Announced at Market Open* GWLC, UNITY