External broker reports(aggregated public sources), Topline Securities

Topline Securities

Topline Securities is one of the fastest growing brokerage houses in Pakistan. It has strong equity brokerage, economic / equity research, mutual fund distribution, commodity trading and corporate finance & advisory functions. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Cross Asset Strategy

<ul><li>MSCI released an update on its Quarterly Index Review, notifying of 3 additions for Pakistan in the MSCI Main Frontier Market Index.</li><li>All changes will be implemented as of the close of Feb 29, 2024.</li><li>The new additions to the MSCI Main Frontier Market include Bank AL Habib (BAHL), Interloop (ILP), and Sui Northern Gas Pipelines (SNGP).</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

MSCI released an update on its Quarterly Index Review, notifying of 3 additions for Pakistan in the MSCI Main Frontier Market Index.All changes will be implemented as of the close of Feb 29, 2024.The new additions to the MSCI Main Frontier Market include Bank AL Habib (BAHL), Interloop (ILP), and Sui Northern Gas Pipelines (SNGP).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Sui Northern Gas Pipelines Limited (SNGP PA)

MSCI Quarterly Index Review: 3 additions to MSCI Pakistan Frontier Main Index