Macro Analysis /
Pakistan

Pakistan: 2021 Strategy – The New Year rally is sustainable

  • Pakistan market is set to reach all-time high index levels by the end of 2021

  • The economy has largely overcome past impediments to growth and political risk remain subdued

  • The market remains cheap compared to historical mean valuations. Our favorite sectors are Textiles, Cements and Banks

Pakistan: 2021 Strategy – The New Year rally is sustainable
Saad Ali
Saad Ali

Head of Research

Raza Jafri
Raza Jafri

Executive Director, Research

Intermarket Securities
22 January 2021