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)

Macroeconomics

<ul><li>Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) has kept the policy rate unchanged at 10.50% in today’s meeting.</li><li>Governor SBP mentioned that the macroeconomic projections are currently intact, however, risk to the outlook has increased due to regional turmoil.</li><li>Based on Governor/Deputy Governor SBP, every US$10/barrel increase in oil prices has impact of US$1.5bn on import bill, and 0.2% impact on Inflation.</li></ul>

Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) has kept the policy rate unchanged at 10.50% in today’s meeting.Governor SBP mentioned that the macroeconomic projections are currently intact, however, risk to the outlook has increased due to regional turmoil.Based on Governor/Deputy Governor SBP, every US$10/barrel increase in oil prices has impact of US$1.5bn on import bill, and 0.2% impact on Inflation.

Pakistan Economy - SBP Maintains Policy Rate at 10.50%; Macroeconomic Outlook is at Risk Amidst Regional Turmoil