Report
Team AKD Research
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Pakistan Strategy: US-Pak ties take a turn for the better

Political transitions remain flashpoints for Pak-US ties, where the current occupant of the White House has a unique, overtly transactional approach to foreign relations (USMCA negotiations, US-China relations, Khashoggi incident) which seem to be turning favorable towards Pakistan

Awaiting clarity on key measures undertaken for improved relations, we see a range of pro-Pakistan statements from US policymakers comingled with developing security dynamics on the ground in Afghanistan, where President Trump has set out to fulfil a campaign promise, US troop withdrawal from Afghanistan (longest US deployment in history)

Detailing a timeline of the fluid dynamics prevailing in Pak-US ties since the Trump presidency which senior US administration officials and the President have employed in dealing with Pakistan, where we believe our regional clout (improving ties with Iran, Russia, Afghanistan, China) makes us increasingly relevant in maintaining status quo

Investors are likely to disregard rhetorical developments (from both sides) in favor of concrete actions, where key litmus tests include developments surrounding the IMF, FATF and any possible Washington-Islamabad summit delivering additional catalysts for FDI, FPI, and non-binding arrangements

Provider
AKD Securities Limited
AKD Securities Limited

AKD Securities Ltd. is one of the leading securities firm in Pakistan, providing a comprehensive range of investor focused services, including equity brokerage, economic and securities research, investment banking and financial advisory services. AKD Securities accounts for more than 6% of the average daily value of the Karachi Stock Exchange. AKD Securities was the first brokerage house to launch an online trading platform in Pakistan in November 2002 and now has the largest market share with over 6000 customers. This has helped diversify and expand the retail investor base in the country and ushered in a whole new universe of investors to the stock market.

AKD Securities Ltd. caters to a diversified group of domestic and international institutional investors, high net worth individuals and upscale retail clients, including expatriate Pakistanis. With high quality research, unparalleled execution and distribution capability for both regular and large block trades, AKD Securities Ltd. has earned an outstanding reputation in the Pakistani securities industry.Outside of commercial banks, AKD Securities Ltd. is one of the biggest capital market firms in the country. AKD Securities is the leader in raising and providing risk capital in underwriting, market making and mergers and acquisitions in Pakistan. Good corporate governance and professionalism are emphasized throughout the firm and AKD Securities Ltd. is amongst the very few companies to have introduced a firm-wide comprehensive CODE of ETHICS, overseen by an independent compliance manager.Ultimately, our success is based on the quality of service we provide to our customers and the trust and confidence reposed in us by them. Our focus, therefore, remains on customer satisfaction at all levels in the company.

Analysts
Team AKD Research

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