IsmailIqbal Securities (Pvt.) Ltd.
                                
                            
                            
                    
                                
                                
                                February 21, 2025 at 04:36 AM
                               
                            
                        
                            *Market Outlook*
We expect the market to post a positive session, fueled by improved investor sentiment. This optimism is likely driven by the upcoming staff missions from the IMF for discussions on over $1 billion in additional climate resilience financing next week, along with a review of the ongoing $7 billion EFF in the first week of March, as confirmed by officials. On the economic front, Pakistan’s large-scale manufacturing (LSM) sector contracted by 1.87 percent in the first half (July-December) of the current fiscal 2024-25 compared to the same period last year, as key industries reported lower output.
*Ismail Iqbal Securities*