*Market Outlook* We expect the market to post a positive session on the back of lower international oil and coal prices. However, volatility can not be ruled out as it is the last day of rollover week. On the economic front, Pakistan and the UAE aim to boost bilateral ties as Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan on Thursday undertook a maiden day long visit to Islamabad. Moreover, according to the weekly foreign exchange report, SBP’s reserves rose to $11.222 billion as of February 21, 2025, up from $11.201 billion on February 14, 2024. Meanwhile, net foreign reserves held by commercial banks declined by $43 million, falling to $4.703 billion from $4.746 billion. *Ismail Iqbal Securities*