*Market Outlook* We expect the market to continue its positive momentum today, driven by improved local liquidity, which is prompting a shift in asset allocation from fixed income to equities. On the economic front, the IMF’s technical team on climate finance initiated discussions with Pakistani authorities on Monday, exploring the potential imposition of a carbon levy in the upcoming budget. The talks aim to enhance the existing loan by an additional $1.2 to $1.5 billion. Moreover, the government is negotiating with nearly four dozen renewable independent power producers (IPPs) and also the state-owned generation plants to cut the electricity tariff by up to Rs8 per unit within next two months. *Ismail Iqbal Securities*