KARACHI: In spite of the rapid slowdown in inflation, the uncertainty about the economic outlook on the IMF’s ongoing review of the IMF’s ongoing rate of interest rate, played a vital role in the fish campaign for the second straight session on Tuesday.
Explaining the factors that led to misery, Ali Najib, head of sales in the security securities, said Don That the PSX remained unstable because investors are looking forward to the results of the IMF review. “Financial measures, circular debt solutions, and potential adjustments in policy will create market sentiments. Familiar review can be rallied, while delays or concerns can lead to caution.
He also noted that the country’s economic outlook was difficult as a widespread trade deficit and permanent manufacturing (LSM) contraction signal slow growth. External pressure, currency rescue risks, and weak industrial output can put pressure on financial stability. He emphasized that structural reforms, export and IMF -backed policies are very important to restore investors’ confidence and ensure sustainable economic recovery.
Against the expectations of the “cut” street in the 25-100bps limit, the SBP’s monetary policy committee presented a surprising status, which led to the Benchmark’s SE 100 index opened on an unwanted note and lost 746 points, which reduced the intradea to 113,610.
Mohammad Sohil, chief executive of Topline Securities Limited, said that the SBP saw sales in the first few hours after its policy rate was not changed to 12 PC. However, it is hoped that the IMF bank will allow the resolution of circular loans through loans will help recover the market.
In the second half of the session, the restoration of buying interest was seen.
As a result, the index demonstrated a slight recovery towards the end of the session, which was selected on value hunting, trimming the initial losses and closing to 114,177.66, 178.69 or 0.16 % day.
Ahsan Mahani of Arif Habib Corporation said that the SBP has lowered the market between thin trade after consolidating the SBP policy rate due to permanent basic inflation, prices, and external account pressure.
Trade volume fell 1.89pc to 318.51 million shares, while the price of trade increased by 10.52pc.
Dawn, appeared on March 12, 2025
