reports
- Hamza Kamal
Pakistan Strategy_Mar’21_Market succumbed to political uncertainty, (A...
AKD Daily Pakistan Strategy: Mar’21_Market succumbed to political uncertainty Weak market sentiments at the end of result season was further weakened by political ambiguities (senate elections, changes in cabinet), resulting in dull KSE-100 index performance for Mar’21 (down 2.8%MoM to close at 44,588pts) where even improving external account position (rupee appreciation, IMF disbursement of US$499mn, successful issuance of Eurobond) failed to lift sentiments. Amongst major sectors, Chemica...
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