Macro Analysis /
Pakistan

Pakistan Market Outlook: Cheap valuations adequately reflect the risks

  • Top-down concerns prevailed in August leading to a flattish KSE100

  • Key events for September include MSCI review, progress on IMF talks and the Afghanistan situation

  • Risks seem to be in the price already. Macro clarity can catalyze strong Index performance

Raza Jafri
Raza Jafri

Executive Director, Research

Intermarket Securities
31 August 2021