Macro Analysis /
Pakistan

Pakistan Strategy: Karachi lockdown can lead to a dip – Buy it

  • A large current account deficit and another Covid wave took the KSE 100 lower

  • The reform process remains intact and corporate profits are strong

  • In August, watch for the Covid trend, the current account print and results

Raza Jafri
Raza Jafri

Executive Director, Research

Intermarket Securities
1 August 2021