IsmailIqbal Securities (Pvt.) Ltd.
IsmailIqbal Securities (Pvt.) Ltd.
February 24, 2025 at 04:02 AM
*Market Outlook* We expect the market to remain range bound today due to the absence of any major triggers. On the economic front, the IMF confirmed on Friday that two of its missions will visit Pakistan in the next two weeks; the first mission will focus on discussions regarding climate finance, while the second will carry out the first review of Pakistan’s progress under the $7 billion EFF. Moreover, the circular debt has been restricted to Rs2.384 trillion during the first half of this fiscal year on the back of an increase in electricity prices, as the power sector still suffered Rs158 billion in losses due to inefficiency, theft, and under recoveries of bills. *Ismail Iqbal Securities*

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