
IsmailIqbal Securities (Pvt.) Ltd.
February 26, 2025 at 04:00 AM
*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 IIMF mission is expected to reach Pakistan on March 3, for the first review of the $7 billion EFF program led by Nathan Porter. Moreover, IMF has urged Pakistan to prioritize climate adaptation measures at federal and provincial levels to build resilience against natural disasters triggered by extreme weather events, including floods and droughts. The team has recommended stringent measures to prevent construction near rivers, nullahs, other waterways and forests, alongside plans for energy efficient buildings in urban and rural areas.
*Ismail Iqbal Securities*