Equity Analysis /
Pakistan

Pakistan Textiles: Aug 2021: Flattened due to shipping constraints

  • Pakistan’s textile exports clocked in at US$1.5bn in August 2021, flat mom and up a sharp 45% yoy

  • The exports of the value-added sector, in terms of value, declined by an average 3% mom

  • We reiterate our Overweight on the sector, where we believe present the momentum will continue in the coming months

Abdul Ghani Mianoor
Intermarket Securities
17 September 2021